The Birth of Shanghai's First Conglomerate

The first day of the group headquarters meeting.

Boiling Sheep announced that it would invest 300 million yuan in Guangdong to build a headquarters chef academy.

Tuition is naturally free.

This doesn't require Chen Pingsheng to give Gao Hu any extra money; Fei Yangyang can easily come up with the money himself.

In addition, he also set aside one billion yuan to establish a dream fund within the group.

The investment is mainly based on entrepreneurial ideas proposed by internal employees.

In the afternoon, he also instructed Tengying Entertainment to invest in and build its own Tengying Entertainment artist training class in Guangdong.

Over the years, as actors' incomes have increased, their acting skills have visibly declined, to the point where they've become just staring blankly with their facial features all over the place.

It's no exaggeration to say that it's unbearable to look at.

Chen Pingsheng attributed all of this to the games played by the rich.

To put it bluntly, this industry is too superficial, ever since those female students entered art schools to begin their training.

Many teachers openly or secretly told her that if she wanted to become famous, she had to offer herself up first.

Given such an extravagant environment, it's understandable that production quality has declined year after year.

Besides, the most important thing is that this industry has formed a second-generation circle, and those from poor families simply cannot afford to attend a decent arts school.

Not to mention becoming a celebrity.

A circle monopolized by the wealthy will inevitably become increasingly corrupt once the poor are no longer able to enter.

When over 90% of people are racking their brains trying to figure out how to sleep their way to resources, then that industry is basically finished.

Chen Pingsheng felt that compared to the professional level of TVB actors in earlier years, any one of them could easily outshine these glaring actors in the mainland entertainment industry.

The establishment of Tencent Film Artists Academy is a crucial step for future development.

Similarly, Tencent Entertainment invested 500 million yuan in Guangdong.

Both of its brands are opening their own professional colleges, and both have chosen locations in Guangdong province.

In addition, Chen Pingsheng also asked Shuiyunjian to contribute 800 million yuan to acquire an office building in the city center to serve as a free library.

It's not just a place to read books; you can also relax, drink coffee, surf the internet, play billiards, and more.

This can also be considered as building a super public facility in the city center of this great metropolis.

It also provides young people who don't want to spend money with a real place for leisure and entertainment.

Of course, the key is that their group's arrival should bring tangible benefits to the city.

The so-called pledge of allegiance is nothing more than this.

This group headquarters meeting was a major event, as evidenced by the flow of funds.

Sitting in the back as the meeting recorder, Zhang Wanyi kept writing down every word the big boss said.

Then, the minutes were compiled and distributed to all companies within the group.

Chen Pingsheng also referred to the series of investments as his second entrepreneurial venture.

At present, Tengying Group has only gone through the initial capital accumulation stage.

The second phase is the crucial step that will truly transform the industry and solidify the group's core strengths.

After the meeting, Song Yanxi and her Shuiyunjian team acquired a six-story office building in the Pudong New Area.

The single-story area is approximately 2200 square meters, with a land price of 6.8 million yuan.

The remaining 1.2 million will be used to build libraries.

The first to third floors will be a library, a great place to read and chat.

The fourth floor houses Deer Antlers Coffee, a café where everyone can enjoy a relaxing cup of coffee – that's their original intention.

As for the fifth floor, that's the entertainment room.

You can play billiards or surf the internet.

The sixth floor houses the Boiling Sheep Buffet Restaurant, which is not free but only charges cost price.

The price will likely be around twelve yuan per person.

In a bustling city with a fast-paced lifestyle, there is a quiet and peaceful place like this.

For young people from other places with low incomes or college students from other places, it would definitely be a great place for leisure and vacation. Eight hundred million is not much for Shuiyunjian now.

Simply by hanging its sign on this, it can save a significant amount of advertising costs each year.

In less than a year, their investment in Shanghai has exceeded 10 billion yuan.

This is the transformation of large corporations, which is bound to cause a stir.

I haven't seen any news online, but there are just a lot of new reports.

Shuiyunjian's charitable investment alone has caused a huge uproar online.

Everyone felt that this was the Shuiyun Club, one of the thirty-one clubs in Shanghai.

The grand opening in June will be followed by final promotional activities.

Only the group's top executives knew that this was a charitable donation made by Chen Pingsheng to help the company establish itself in Shanghai.

Eight hundred million in one go.

Besides the huge activity in Shanghai, there's also significant investment in Guangdong.

Whether it's the headquarters culinary academy of Boiling Sheep or the large-scale artist training academy of Tencent Entertainment.

It can be said that the investment is considerable and can also drive the development of a small region.

It was only when it published its admission brochure that it discovered that both colleges were created specifically for rural students.

Tencent Entertainment will also use its superior position in the industry to open a bright door for students from poor families to enter the entertainment industry.

There are no unspoken rules here.

Tencent Entertainment will provide support and guidance for rural students who genuinely want to enter the entertainment industry but lack connections and resources.

Having developed to this point, Tencent Entertainment is fully qualified to challenge the unspoken rules prevalent in the entertainment industry.

Once one becomes powerful, one must also protect those who truly have dreams.

This can be seen as Chen Pingsheng opening a door to the entertainment industry for countless rural students.

No one knows what the future holds.

He himself can only do his best to ensure fairness for everyone. Who can become the next Baoqiang? Zhao Liying.

Who knows?
With countless funds being poured in, it also means that Tengying Group's influence in all aspects is deepening.

This applies not only to the entertainment industry.

It also includes traditional catering, agriculture and animal husbandry, coffee, milk tea, department stores, fresh food, health and wellness, live streaming and many other aspects.

Unbeknownst to many, Tengying has become a super-large conglomerate spanning eight major industries.

No one knows what the future holds for it.

After more than two months of continuous decline, the stock price has finally seen a broad-based rally.

The reason why the capital market previously sold off shares was that it was not optimistic about Tencent's future development.

The main reason is that it stays in Beijing but refuses to let people with connections or family backgrounds join its group!
What is its nature?

Is this an open challenge to the authority of the second and third generations of Beijing's elite?

Now, through its various maneuvers, it has directly established its headquarters in Shanghai.

They even immediately offered 800 million as admission tickets.

Furthermore, they invested approximately one billion yuan in Guangdong to open two ultra-large professional colleges.

The transformation of large corporations fully demonstrates their artful handling of various relationships, including investments.

Imagine a super-large group that has an excellent reputation in the market and can generate huge revenue for the local area.

Where wouldn't they welcome you?
Leaving Beijing undoubtedly helped Tengying Group emerge from the two-month-long slump in its stock price.

And to place oneself in this so-called financial capital, the paradise of freedom, the great metropolis.

This became a crucial element in its transformation.

Countless investors flocked in, eager to absorb capital during this lowest point for the Tengying Group.

However, they discovered that there were already thousands of accounts mobilizing boundless funds, greedily absorbing them like a whale swallowing its prey.

(End of this chapter)