Chapter 279: Chapter 203 Out to Sea for Fun_3

This year, the revenue projection is an optimistic 1.5 billion yuan.

According to Xiangjiang's market valuation standards, this profit should correspond to an estimated valuation of about 22.5 billion yuan.

It is known that the listing valuation standard for Xiangjiang is generally around 15 times the annual profit.

By this standard, 12 billion yuan is a blatantly low price.

That's also why everyone promised together to raise the market value of Tengying Entertainment to 30 billion yuan.

Upon signing the contract, Chen Pingsheng alone transferred his 30% stake.

He acquired 3.6 billion yuan in capital.

Because of this agreement, Tong Zelan currently has no intention of letting go of her Tengying shares.

Why not consider cashing out when it goes public and reaches 30 billion yuan in the future? Isn't that tantalizing?

It's just about six months away anyway.

After he transferred his shares, the remaining steps of the IPO didn't require his attention.