Under such circumstances, he naturally wanted to reciprocate by investing two billion to purchase land and build buildings there.
Additionally, he planned to organize several influential electronic music festivals in the area, as well as nationwide internet celebrity gatherings, calling for live commerce broadcasting.
After these steps, he should be able to secure the listing spot in Guangzhou.
Once he got the Guangzhou spot, the IPO financing would go very smoothly.
Isn't it said that high-end business ultimately can't succeed without the support of the government?
When Sun Hongbing spent over ten billion to acquire LeEco, was he really just buying a TV?
It's just bad luck.
Right after he spent that ten billion, Old Jia, his frontman, got into trouble.
Now, Chen Pingsheng was also strategizing in various ways, on one hand pushing for going public.
On the other hand, aiming to become the local star enterprise.