After pushing up his glasses, Mr. Zhang continued, "The next one is a network company. The founder, Mr. Jiang, established this company in 2007 and received Senior Sister Lan's investment in return for 30% of the company's shares. Right now, the company has the third largest portal web in the country and has a first-class gaming platform and development abilities. The company is in its 9th year running, and it has been profitable for the past 5 years, experiencing a 15% or more growth in revenue every subsequent year. In 2012, it went public, and with annual revenue of 7 billion, its market valuation has surged to 80.5 billion RMB. You hold 30% of the company, so that's about 24.1 billion RMB."
24.1 was already about 3.4 billion euros…
Holy crap, plus the real estate company, right now just two of the companies under Xu Cheng's mother's name were already worth 24 billion euros!
