Becoming Rich with Daily Scavenging APP-Chapter 425: Tengxu’s Conscience

"The company is called Draw Card Games, you should check it out first," Chen Yiyang said.

"I have an impression of this company, let me check the information."

After checking some data, Wu Changxun said to Chen Yiyang, "This is a company that sells offline cards, right?"

"Yes."

"This stuff is quite profitable," Wu Changxun said directly in front of Chen Yiyang, "We were thinking of copying it before.

After all, we at Tengxu already hold many classic IPs. Moreover, we have investment or business partnerships with many foreign IP copyright holders."

With what Wu Changxun said, Chen Yiyang suddenly understood.

Currently, the company holding the most IP copyrights domestically is Tengxu.

If Tengxu enters the offline card market, Draw Card Games would surely be crushed like an ant.

"Then why hasn’t Tengxu entered the offline card field?" Chen Yiyang asked immediately.

"Because Tengxu is a company with a conscience," Wu Changxun joked.

"I just heard the funniest joke of my life," Chen Yiyang replied expressionlessly.

"Just kidding," Wu Changxun laughed a few times, finally explaining the reason.

"Because offline card stuff involves minors. Not to mention, every online game in the country is worried about minors getting addicted and causing parental backlash.

We are as careful as possible with online payments involving minors.

There’s no consequence for tricking adults into spending money, but tricking minors will cause social repercussions."

Chen Yiyang instantly understood why Tengxu doesn’t copy Draw Card Games and get into offline cards.

The company Draw Card Games is small and hasn’t been developing for many years.

Offline cards have caught some parents’ attention, but the authorities haven’t noticed it yet.

If a company of Tengxu’s size and target enters the offline card field,

restrictions from the authorities would instantly appear!

So, it’s not that Tengxu has a conscience; they are simply too afraid to enter this field.

Moreover, if Draw Card Games continues to develop like this, once it grows larger, the authorities will surely notice.

Looking at it this way, Draw Card Games’ future is bleak.

The only option is to rely on pushing the company public to make money.

This is also why Chen Yiyang suddenly came to find Wu Changxun.

"Let’s not talk about the future; Draw Card Games’ current profitability and prospects seem bright.

The only concern now is the pressure of renewing IP licensing once Draw Card Games’ existing licenses expire.

But if our two companies could invest in Draw Card Games, that problem would disappear."

"And pushing Draw Card Games to go public?" Wu Changxun understood Chen Yiyang’s idea.

"Correct." Chen Yiyang nodded.

"No, what if Draw Card Games can’t go public," Wu Changxun thought for a moment and said directly, "We can pressure Draw Card Games together, investment is possible, but we need to sign a bet-on agreement.

If Draw Card Games doesn’t go public within four years, they must repurchase our shares at an agreed price."

Despite Wu Changxun laughing and joking in front of Chen Yiyang, as a top executive at Tengxu, he’s certainly no pushover.

After a few simple words from Chen Yiyang, Wu Changxun immediately realized Draw Card Games has huge potential for going public.

Even if it doesn’t go public, just by signing the bet-on agreement, if Draw Card Games fails to list, they would have to pay a lot of money to repurchase Chen Yiyang and Tengxu’s shares.

Things reached a point where they couldn’t be clarified over the phone.

So, Chen Yiyang invited Wu Changxun to Lin’an, where the executives of Tengxu, Chen Yiyang, and Draw Card Games negotiated for quite a while.

For Draw Card Games, the company is indeed currently profitable.

But without external support, once the current IP licenses expire, Draw Card Games would meet its end.

Therefore, Tengxu and Chen Yiyang’s investment can bring Draw Card Games not only funds but also help secure many famous IP licenses.

This investment is a necessity for Draw Card Games.

However, the IPO bet condition proposed by Tencent and Chen Yiyang poses some risk for Draw Card Games.

If Draw Card Games cannot go public as planned, the profits for the next decade would likely go to Chen Yiyang and Tengxu.

But entrepreneurship itself is a gamble.

What if the company successfully goes public?

Then by liquidating shares, Li Qibing could instantly become a millionaire.

Chen Yiyang and Tengxu’s valuation of Draw Card Games is about ten billion USD.

Chen Yiyang invested ten billion RMB plus the authorization of the Nezha IP, taking twenty percent of Draw Card Games’ shares.

Tencent took ten percent of Draw Card Games’ shares.

They also promised to help Draw Card Games secure some IP authorizations.

If Draw Card Games fails to go public within four years, they must buy back all shares held by Chen Yiyang and Tengxu with interest and pay a penalty.

Under these conditions, Chen Yiyang and Tengxu basically profit without loss.

It’s now up to Draw Card Games to see how they perform in the next four years.

After seeing Li Qibing off, Chen Yiyang looked at the contract in his hand, turned to Wu Changxun, and said, "Now I understand why Tengxu likes to invest externally so much. It’s practically a sure-win business."

"Actually, there are quite a few losses," Wu Changxun said, "it mainly depends on how much pressure the investors can place on entrepreneurs to get favorable investment terms."

"By the way," while chatting with Chen Yiyang, Wu Changxun suddenly remembered something, "I heard you have quite a network in Japan."

"Uh, doesn’t Tengxu have more collaborations with Japanese companies?" Chen Yiyang looked at Wu Changxun with confusion.

Japan is a key part of Tengxu’s investment strategy, how could his personal connections compare to Tengxu’s.

"This is not something Tengxu can handle, it’s more of a personal matter," Wu Changxun organized his thoughts and slowly started speaking.

"You’re aware of Tengxu increasing investments in Ubisoft, right?"

"Of course, I assisted with that." Chen Yiyang had helped with this matter too.

To aid Tengxu, Chen Yiyang had DeepSeek’s tech team refine that artificial intelligence in France.

"Ubisoft made a Japan-themed Assassin’s Creed game, which upset the Japanese media with some of its content.

Ubisoft contacted me, hoping to ease the media storm in Japan.

However, Tengxu couldn’t intervene directly, so I was wondering if you could use your personal connections to help."

"Tengxu can’t intervene?" Chen Yiyang asked curiously, "What’s the specific issue? I’m an old fan of Assassin’s Creed myself; I’m curious what elements in the game could upset the Japanese."