The next day.
Chen Pingsheng drove his Volkswagen Phideon to the group headquarters.
There wasn't much to do this time; the main purpose was to discuss the IPO process of Tengyou Media.
With the IPO slots allocated from Guangzhou, the path to listing would definitely be smooth; their main task was to find suitable IPO financing partners.
These could also be referred to as strategic investment partners.
Currently, Tengyou Media is valued at 45 billion, calculated based on the valuation at the time when Guo Ziyi invested.
The IPO valuation is expected to be around 60 billion, rising slightly to provide early investors with a more favorable exit.
Achieving this valuation wouldn't be easy.
After all, even Xin Teng Live Streaming hasn't reached a market value of 60 billion to date; Chen Pingsheng arranged a meeting with Shen Nanpeng and Tong Zelan, entrusting them to scout for investment opportunities in capital markets.
