The Birth of Shanghai's First Conglomerate

It takes at least three years for a new energy vehicle to go from planning to implementation.

Chen Pingsheng had already decided on the name Tengfei six months ago.

He even had the car logo designed, but it wasn't until today that he started working on new energy vehicles.

The land for building the megafactory is still under negotiation.

The team is still being assembled.

In order to attract more top talent, he offered almost the highest salaries in the industry.

Everything is still progressing rapidly, and the location of the super factory is not expected to be finalized until July.

Then it will be around that time that his initial senior management team will be fully in place.

After his wife received the billion-dollar sum, she actually went to Tan Palace and bought a 2,800-square-meter manor villa.

According to his wife, after the big-breasted child Chen An'an and the others arrived.

This 1.2 million yuan penthouse doesn't even have enough space for entertainment.

A 500-square-meter apartment, how can you even entertain yourself?

All I can say is that his wife now prefers houses that are extremely large.

Such a manor villa, the garden is big enough to play football.

If people lived there, they would be afraid of ghosts if there weren't at least a few dozen people inside and they got up at night.

The villas in Shanghai are quite unique, with many leaning towards a French style.

After all, many foreigners have lived here since the Republican era.

There was also the famous French Concession, etc.

The entire Tan Palace complex only has eighteen units, with the smallest being 1600 square meters.

His family has just bought one.

Big-breasted Chen An'an won't be on vacation until mid-June, at which point the whole family will have to move to Shanghai.

His wife had also settled down in Shanghai beforehand.

Living too many people in a large, single-level apartment can be somewhat inconvenient.

Unlike these manor villas, where the more people the better.

The total cost is only a little over 400 million, so it doesn't matter.

After buying it, his wife even personally participated in the design.

In other words, the interior layout will be rearranged, but the decoration will not need to be changed.

As for furniture and such, I'll definitely have to buy those myself.

The two large trees transplanted from outside the yard alone are worth nearly ten million.

Adding in other expenses, it all came to nearly 100 million.

We'll officially move into that place when Big Paw and the others arrive.

With a house this big, it's impossible not to hire a nanny.

His wife arranged everything, so Chen Pingsheng didn't interfere.

When the time comes, we'll just move to another place and that's it.

That's the advantage of being rich—you can change things whenever you want.

They don't care what price your house sells for; they only care about whether they're comfortable living there themselves.

When Chen Pingsheng returned to the Shanghai headquarters, the main force of Tencent Entertainment from Beijing also came over after he settled there.

The movie "The Richest Man in Xihong City," which premiered on May 1st, is a huge hit.

In June, during the summer movie season, they will also be showing a film called "The Disappearance of It".

With just these three films this year, Tencent Pictures' profits have exceeded 15 billion yuan, not to mention the many high-quality TV series they have produced.

As Tencent Entertainment's stock price rebounded to 30 billion, his personal wealth also increased significantly.

However, everyone within the group now knows that he took more than 10 billion yuan to invest in new energy.

While it was unexpected, it was also exhilarating.

Having just emerged from the haze of his speech, he immediately turned around and invested over 10 billion yuan to build a super factory in Shanghai.

Who will dare to say they have no connections now?

"Boss, the Guangdong headquarters has transferred half of its staff from Beijing and Shanghai. This is the recruitment plan for June drafted by the HR department."

Zhang Wanyi handed him a recruitment form from the Human Resources Department.

Recruiting new employees is a good thing, as it means the group is growing stronger and stronger.

Layoffs are the real problem.

Chen Pingsheng took a look and saw that this recruitment drive would need to hire about two thousand people.

The university's spring recruitment season has long since ended.

Graduation season is just around the corner.

It was because of the last spring recruitment that they resolutely moved from Beijing to Shanghai.

"Let Chu Qiuyan take charge. This recruitment will follow the same standards as before, just don't advertise it widely anymore."

Chen Pingsheng believes that college students from rural areas are significantly more motivated than those from urban areas when it comes to striving for success.

Once a house is put on the table, it's enough to keep them from resting or relaxing.

If given a chance to change their fate and transcend social class, these ordinary college students from prestigious universities will truly work hard.

It's like fighting a war.

It was able to drive the United States, whose weaponry was far superior, out of North Korea even in extremely harsh conditions.

Only the peasant army, which was hailed as the world's number one land force in that era, could have accomplished this.

If you examine the composition of these armies closely, you will find that farmers make up more than 99% of them.

A person who has experienced hardship since childhood is not afraid of hardship at all.

This is why in the field of sports, there are always projects that the poor cannot participate in.

This is the main reason why most people can't get a ranking, just like in football.

Chen Pingsheng's intentions were not simply to take care of these college students with no connections.

The key is that these people are more able to endure hardship.

Although the group does not advocate a culture of working overtime and enduring hardship, the spirit of hard work must still be maintained.

"By the way, did you buy a house in Shanghai?" Chen Pingsheng asked his secretary.

"No, I can't afford it. The houses near the group's headquarters are all over 100,000 per square meter."

Housing prices have made the wealthy rejoice, because most of them own more than one or two properties.

No matter how much prices rise, it will only benefit the wealthy.

For example, in their family, although they complain about the ever-increasing housing prices every day, his wife has never hesitated to spend money on buying houses.

Houses worth hundreds of millions, even billions, can be bought on a whim.

It's all because housing prices keep rising. Once prices start to fall, don't worry, they'll be the first to sell.

Going forward, aside from buying a house for essential needs, I definitely won't spend a single extra penny on this.

With housing prices so high now, people who own several properties definitely hope that prices will keep rising.

Ordinary people are more hopeless.

Even in the bustling metropolis of Shanghai, there is a secretary named Zhang Wanyi who earns a monthly salary of 50,000 yuan.

It would take thirty years of working without eating or drinking to afford a small apartment of 100 square meters.

A 30% down payment for a 10 million house, plus loan interest, would amount to approximately 18 million.

It's not an exaggeration.

Zhang Wanyi held the personnel file book, her face looking rather bitter.

Chen Pingsheng said, "Even you have a hard time buying a house, let alone those from other places. Go talk to the finance department and ask them to take ten million yuan to buy a fully furnished two-bedroom apartment. They won't charge you interest, but it will still be deducted from your salary slowly."

"Huh?" Zhang Wanyi's eyes lit up; she was overjoyed.

"Alright, hurry up and go. I don't know how high the housing prices will go in a few years."

Zhang Wanyi is undoubtedly going to settle down in Shanghai.

Without her parents' support, it would have taken her at least two years to save up for a down payment on a house in Shanghai.

At that time, the housing prices in the central area of ​​Shanghai were probably over 200,000 yuan per square meter.

Why don't we lend her some money now and buy the house first?

In a few years, you can make several million or even tens of millions from real estate.

What was a trivial matter to him was a life-changing event for his busty secretary, Zhang Wanyi.

The group now has too many people, so he can't give out money as often as before.

After all, it's already listed on the stock exchange, and the money isn't just his.

……

The little secretary ran so fast, it was quite amusing how she wobbled along.

Chu Qiuyan came to find him again, and the stock price of Bobo Milk Tea had recovered to around seven billion.

It's not too far from the highest peak.

Chen Pingsheng planned to wait until the stock price rose to 8 billion before selling off the 1 billion shares he had bought back at a low price.

They'll probably make another billion or so.

Once you have money, making money becomes so easy; you just need to find the right opportunity.

As for Deer Antler Coffee, news from overseas indicates that it will officially list on Nasdaq in August.

At that time, all the office buildings they had previously invested 500 million yuan to open would also be officially operational.

By then, Deer Antler Coffee will have more than 5,500 directly operated stores nationwide.

It's only a matter of time before the stock price rises above 30 billion.

He still holds 20% of the original shares of Deer Antler Coffee, which he expects to be able to cash out after February 2017.

After getting into new energy, the demand for funds is greater than we imagined.

Chen Pingsheng wanted to complete the entire industry layout as soon as possible when fierce competition emerged in the new energy sector.

The upstream lithium mining industry includes battery research, and he insists on acquiring controlling stakes in one or two companies.

Sometimes running a business is like this: if you're afraid of everything, you might as well not do it at all.

Since we've already started, we must be prepared for the worst.

In short, when the market expands to the point where only three or five companies can survive, what makes Tengfei stand out in this market?

Chen Pingsheng believed that only by investing the most money in the early stages and setting up the most comprehensive strategy could they succeed.

He must take these points into account in order to truly stay ahead of his competitors in the future.

Just like Teng Hui Department Store, which invested over 10 billion yuan but only opened a dozen stores, the goal was not to be the fastest, but to be the most stable.

If the market undergoes a major transformation, a large number of companies that rely on bank loans to pursue development will be the first to collapse.

Teng Hui Department Store is definitely not among them.

He wants to build a truly good car within the next three years.

That means we must participate in the entire new energy industry chain.

This world-class booming industry will eliminate opportunistic competitors within three years.

Keep the teams that are truly wealthy and want to build good cars.

If he wants to win here, he must prepare to invest 50 billion.

Every possible step to cash out must be carefully considered.

"Uncle Chen, why don't you find someone else to be in charge of this recruitment?"

Having experienced the spring speech at the university last time, Chu Qiuyan was a little scared.

"Why change?"

Chen Pingsheng said, "If you change it, wouldn't that tell others that the group is afraid and doesn't approve of your 'three no's' principle? Be bolder. Our group isn't as fragile as you think. After we leave Beijing this time, we don't need you to be so timid about this kind of thing. Just go ahead and insist on what you think is right."

Chu Qiuyan was almost in tears.

When everyone else thought she was wrong, only the boss insisted that she was right.

They even went so far as to move their headquarters to Shanghai to show everyone that Tengying Group has its own principles.

It won't change because of your speculations in the capital market.

Those who attempt to pander to the capital market will ultimately lose their principles.

Becoming a follower in the market.

"Uncle Chen, thank you." Chu Qiuyan stood up and sincerely expressed her gratitude.

Chen Pingsheng told her she didn't need to do that, "You are someone I raised from the bottom of my heart, and I am quite gratified to have been able to change your destiny. It's right that you stick to your childlike heart in some things."

"But in this land, you should understand that sometimes what truly determines the life or death of a company is not how well it is managed, but rather changes in official documents."

His words have already made the point very clear.

Policies and trends are things that every business owner must study and understand.

Even though Chu Qiuyan is young and inexperienced, she still has to adapt to what she needs to adapt to.

Who told her to be the president of a listed company at such a young age?

Everyone only saw her halo, ignoring the overwhelming pressure she was under.

If we're talking about the person under the most pressure within the group these past few months, then it's undoubtedly Chu Qiuyan.

She's noticeably lost weight; her eye bags are even more prominent.

Perhaps only at this moment can she truly relax.

(End of this chapter)