The Birth of Shanghai's First Conglomerate

Time flies, and November is here in the blink of an eye.

After October ended, Chen Pingsheng still had 2.5 billion yuan in cash in his account, which was all that was left after buying a 700 million yuan private jet.

There is simply no way to spend it all.

His wife also has nearly 2 billion yuan, which Song Yanxi plans to use to buy commercial real estate in Hong Kong, namely Kai Shui Yun Jian.

No one can touch her; she's guarded tightly.

The significance of the family entrepreneurship support program for the Chen and Song families is self-evident.

Chen Pingsheng also received the good news from Zhao Liying in Shanghai, and she even came over to tell him.

I've reached the age where I should get married.

In February of this year, Tencent Entertainment invested in a period drama, in which Zhao Liying was the lead actress.

Her relationship with the male lead in the film is progressing well, and they both plan to get married.

Chen Pingsheng also promptly offered his blessings, saying that she was already a thirty-year-old spinster and it would really be too late if she didn't get married soon.

When this was brought up, his wife had something to say, as she had been busy for a while trying to find a match for her younger sister.

In the end, we let her go find it herself. Song Yanxi only has one younger sister, and he only has one sister-in-law.

The two of them took her relationship issues quite seriously.

Song Yanxi ran back and said to him, "Honey, Liying is getting married soon, our little sister can't be without a boyfriend yet, can she?"

"She was born in '91, there's no need for you to be in such a hurry!"

"How could I not be anxious? When I was her age, An'an was already quite old."

Song Yanxi thought that Zhao Liying was getting married soon, so her sister also needed to hurry up.

Women over thirty are considered advanced maternal age, and childbirth is not only dangerous, but by the time the child grows up, the parents are already in their fifties or sixties.

How bad is this.

Chen Pingsheng agreed, as his sister Chen Qi's family was now stable and her baby was almost 100 days old.

My sister-in-law really needs to take this marriage seriously.

"No matter how urgent it is, you can't expect me, as your brother-in-law, to step in and urge them. You should call and contact them yourself!"

Chen Pingsheng still didn't really want to get involved, mainly because he couldn't manage it.

Song Yanxi called Song Wu and told her to come home immediately.

Song Wu has become a big star in the entertainment industry, and she has to guard against paparazzi taking pictures wherever she goes.

It's quite inconvenient, but no paparazzi dare to come in and take pictures at Dan Palace.

Taking pictures of celebrities is one thing, but trying to expose the private lives of capitalists will cost you your job before the news even comes out.

Anyone who can afford to buy a house here is a big shot.

Song Wu secretly found a boyfriend, mainly because she was afraid that her brother-in-law and sister would not approve of him.

After all, from the very beginning, they explicitly opposed dating someone from the entertainment industry.

If she says that, it'll definitely fall through.

Her older sister called, and she couldn't refuse to go back.

After finishing her trip to Hong Kong, Song Wu took a plane to Shanghai. By the time she arrived, it was already 4 p.m.

Song Yanxi, wearing large sunglasses, was comfortably taking a nap under an old tree in the backyard.

After Song Wu arrived, she said, "Little sister, you're a year older now. Do you want me to get you a calendar to remind you?"

"I know, sis, you're not going to make me come back just because of this, are you?"

"It really is because of this."

Song Yanxi took off her sunglasses and glared at her, "You're a 26-year-old spinster. Where's your boyfriend? If you don't get married soon, your sister won't be able to attend your wedding until after her third child."

"Sis, are you pregnant with your third child?"

"More or less, I think I'm pregnant but haven't gone to the hospital for a checkup yet."

Song Yanxi said helplessly, "Don't blame me for urging you every day. Your mom and my mom are also urging me to have a third child every day. In our family situation, it's definitely not okay not to have a boy. At least your mom won't be satisfied."

Your mom is talking about Liu Fen, my mom is talking about Peng Ying.

The two old ladies were ruthless; they actually joined forces to urge her to have a third child.

Song Yanxi herself also wants to have another child, but who can say for sure whether this mistress is male or not?

Song Wu chuckled and congratulated her for a couple of minutes before saying, "Sister, you're sure to have a boy this time."

"Forget it, your brother-in-law won't mind what kind of child I have, it's just that I really want to have another one, a boy."

Song Yanxi still fulfills her responsibilities as an older sister.

"Xiao Wu, you used to say you wanted to be a big star, and your brother-in-law made that dream come true for you. Now it's time for you to think about your parents!"

"If you still don't plan to get married in two more years, then it won't just be me urging you."

Song Wu lowered her head, and after thinking for a moment, she said that she had found a boyfriend.

A male celebrity in the entertainment industry who is still relatively unknown.

He's just a third-tier male actor, and it seems his family is also in business.

I haven't learned anything about Song Wu in detail.

Song Yanxi is having a headache. She already has one sister in the entertainment industry, and finding another brother-in-law in the entertainment industry would be even more unreliable.

If that's the case, their family will make the news for every little thing.

“You should talk to your brother-in-law yourself. Also, if you really like him and want to marry him, bring him back to meet him first.”

Song Wu wouldn't dare to personally go to Chen Pingsheng and mention this.

We could only ask her older sister to step in; if it weren't for her age, she would never have agreed.

It goes without saying that when people get older, their parents and relatives often unconsciously lower their expectations and demands.

Start by finding someone from a good family.

Then just find someone with good character.

Later, it evolved to the point where anyone of the opposite sex would be fine.

Get married first, my dear ancestor!

Many parents eagerly await their children's marriage in this way.

Chen Pingsheng was on his way back when he heard that his sister-in-law had found a male celebrity in the entertainment industry. He instinctively fell silent for a few seconds.

"Honey, let's check on the person first!"

Chen Pingsheng agreed, saying that the entertainment industry is inherently chaotic, and the so-called idols and goddesses are only relevant to ordinary people.

It's not surprising at all that many third-tier male celebrities would sleep with powerful male figures in order to obtain residency permits in Beijing or Shanghai.

Not to mention his sister-in-law, who comes from a wealthy family.

Many people who want to rise in rank will flock to him and try to curry favor with him.

Song Wu called her boyfriend; the two had been dating for about six months.

Our relationship has always been good.

Chen Pingsheng thought this was perfectly normal.

Whoever wins over his sister-in-law Song Wu will definitely cherish her before marriage.

They would even do anything to maintain the relationship.

My sister-in-law's boyfriend is a local from Shanghai, and at 27 or 28 years old, he's still a third-tier celebrity in the entertainment industry.

Based on these conditions, Chen Pingsheng felt that he was far inferior to Hu Lin.

At least Hu Lin is a genuinely honest person, while this guy clearly doesn't qualify.

He only glanced at it before leaving with little interest.

It wasn't until evening that his wife came to tell him about Song Wu's boyfriend.

I'm a local from Shanghai, and my family isn't exactly in business.

Only his aunt is a senior executive at a top real estate developer in Shanghai; his parents and the rest of his family run small businesses.

There's nothing wrong with my family, it's just the people in the entertainment industry.

Even Song Yanxi herself doesn't really like it.

"Honey, I gave them a suggestion: if they want to continue being with my sister, they have to leave the entertainment industry. Do you think they'll agree?"

Remove the word "吗".

Chen Pingsheng said, "Anyone who isn't stupid will definitely agree. You're too hasty. Otherwise, I definitely wouldn't be interested in a guy like that."

Sigh… Song Yanxi sighed softly, “There’s nothing we can do about it. I asked my sister, and she likes this type herself—handsome and good at sweet talk.” Chen Pingsheng put down his teacup. It seems most girls like this type.

Unfortunately, while dating is fine, marriage is not as good as someone as honest and dutiful as Hu Lin.

……

November.

It seems like most people are eager to get married.

Not only Zhao Liying told him that she was getting married soon, but even Bai Xin, the top secretary in the capital, did.

They're already on the path to marriage; she was the first one to follow him.

He was the first employee since Tencent Entertainment was established, which means it's been about four years.

It's normal for her to be getting married at her age, and her boyfriend is a senior executive at an internet unicorn company.

The income is quite good.

He's an IT guy, and compared to the third-rate actor his sister-in-law dated, he's infinitely more reliable.

Chen Pingsheng even personally went to the capital to attend her engagement banquet.

If you calculate the time, it has been four years since he first started his business by opening a fruit shop.

Zhang Tao has managed his first business, Tengsheng Fruit, very well.

His annual profit has been consistently above one billion, so he rarely comes here anymore.

Only his wife manages the finances.

Bai Xin's boyfriend wears thick glasses. He is the technical director of Meituan, an internet unicorn company, and is also a high-achieving student who returned from studying abroad.

I've been working at Meituan ever since I returned to China.

They went through the brutal "Hundred Regiments War" and then the competition among the three giants, BAT (Baidu, Alibaba, Tencent).

Nowadays, in the local services sector, only Alibaba can compete with them.

It's worth mentioning that Alibaba itself was one of Meituan's earliest investors.

Now it's just a giant penguin.

Local services are a big business, Chen Pingsheng said, sitting there listening to him talk for more than two hours.

He ultimately decided to invest all of his idle 2.5 billion yuan in Meituan.

Having emerged victorious from the fierce competition among numerous group-buying platforms, this mega-scale internet food delivery company is undoubtedly a behemoth.

The annual losses are between 150 billion and 200 billion.

For internet companies, losing money is quite normal.

The reason for investing 2.5 billion yuan is that Meituan has already reached its Series D funding round.

Looking back at his shareholder list, it's all big names protecting him.

Smaller amounts of capital are simply not qualified to participate.

For such a company, going public is inevitable; it's just a matter of time.

If he invests a few billion now, he might even make a small profit in the future.

It's worth mentioning that its valuation has reached $180 billion this year.

The total market value is only a little over 100 billion. If you invest more than 2 billion, you will only get 2% of the shares.

It's not much; it's only one point less than Pinduoduo's 3%.

To be honest, with his level of capital accumulation, he rarely invests in small businesses anymore.

Instead, they prefer to invest in these mega-unicorns.

For example, if you invest one million in a startup, it might grow a hundredfold in the next year or two.

But if he spends over two billion, he might only get two or three times that amount.

But the difference is only one hundred million versus seven or eight billion.

Earning 100 million is meaningless to him, so he certainly won't spend too much time on it.

These unicorns that emerge victorious are different; they will almost certainly go public soon.

Large investments yield large returns.

He didn't need to think about it for too long, after all, so many big shots had already come in.

He was just one of the later arrivals.

Starting this year, he has significantly increased his investment in the internet sector.

Chen Pingsheng thought Bai Xin had good taste; the boyfriend she chose had a good family background and a good character.

As expected of his secretary who has always been by his side, she has a keen eye for talent.

When I returned to Shanghai, it was already the 6th.

When Song Wu's boyfriend agreed to leave the entertainment industry, she felt quite wronged.

Chen Pingsheng didn't tolerate it at all and replied directly, "Why don't you go back and ask your parents again?"

He was speechless; he was already twenty-seven or twenty-eight years old.

Who are you trying to fool with these little tricks? You just want to show how much you sacrificed to marry Song Wu, don't you?

No wonder he's only a minor third-tier city worker after four or five years. With that kind of emotional intelligence, besides knowing how to please women, Chen Pingsheng really doesn't know what other merits he has.

There are some benefits to Song Wu marrying him.

With their family background and status in the entertainment industry, they can completely dominate others.

Perhaps his wife was attracted to this as well.

Yang Changwen's little schemes were exposed by him, and he dared not play any more tricks without reason.

Calling him naive and stupid is too kind; anyone who's that rich must be incredibly shrewd.

How could they not see through such a little trick?

Chen Pingsheng was too lazy to care about his sister-in-law's marriage anymore; he was going to Hong Kong on the 9th to attend a CEO training course.

They're quite busy.

Big-breasted Chen An'an also wanted to go, but unfortunately he didn't have time off.

Chen Pingsheng went to Tencent Entertainment, and Zhang Wanyi showed him several short dramas.

Each series has two hundred episodes, and each episode is less than ten minutes long.

The entire plot revolves around a show-off getting slapped in the face.

That's right, this is the finished product of his newly established short drama company, which took half a month to shoot.

It's quick, concise, and fast-paced, emphasizing conflict and thrills.

This is precisely the biggest characteristic of short dramas.

It's fair to say that not a single line in this series is superfluous; the entire show revolves around showing off and getting slapped in the face.

To be honest, Chen Pingsheng found it quite interesting.

Compared to those long and drawn-out TV dramas, short dramas are clearly more appealing to viewers.

Zhang Wanyi, the busty secretary, received a five million yuan bonus last month and is beaming with joy this month.

He's always full of energy at work, and he can handle everything perfectly well when he's not around.

That's pretty good too.

"Boss, is our company really going to release these kinds of awkward short dramas?"

"It was a little awkward, but it was also really mind-blowing."

Chen Pingsheng said, "Let's prepare to launch new content. Also, we can launch new content on our self-developed short drama platform."

He owns an arts school with 5,000 students in Guangzhou, so making short dramas would be a piece of cake for him.

And he also has the resources of Tencent Entertainment, with a plethora of junior directors in the industry.

If we're sure this stuff can really make money, we could shoot fifty films a month without any problem.

Unlike traditional TV dramas, short dramas primarily rely on paid subscriptions to generate revenue.

Television dramas, on the other hand, generate profits through the auction of copyrights and advertising.

It's fair to say that watching short dramas is significantly more expensive than watching TV dramas.

It's even taller than a movie; it's a perfect little stress reliever.

(End of this chapter)