The Birth of Shanghai's First Conglomerate

The teacher made a home visit.

It was a perfectly normal thing to do, but Chen Pingsheng still came out to greet them himself.

This also shows his emphasis on the education of his eldest child.

Shen Qing was young and refined, about 1.6 meters tall, and wearing a thick, snow-white down jacket.

The temperature in Shanghai in December is quite low.

New Year's Day is just around the corner, and a new year is about to begin.

Shen Qing sat on the sofa in the living room, holding a notebook in his hand. Because Shuiyunjian in the capital was busy with the grand event, he, as the father, had to be the one to handle things at home.

"An'an's dad, I'd like to ask how you usually approach the education of your child at home?"

"The main thing is to cultivate her personal values ​​and interests."

Chen Pingsheng said, "We hired tutors for An'an when she was very young, but it didn't help much. Later, she developed a liking for martial arts, erhu, live streaming, and all sorts of other things."

Shen Qing glanced at Chen An'an, who was sitting quietly to the side. It was rare to see her so still.

“An’an has excellent interpersonal relationships at school, and she is also very talented. In a couple of days, it will be our school’s New Year’s Day performance, and she will be one of the main performers from our class. An’an’s dad, if you have time, you must go and attend.”

"That's for sure."

Chen Pingsheng said, "When An'an grows up, I still hope that she can inherit part of the family's business assets. Therefore, her education will be more focused on the business sector. You should know the specific reason, Teacher Shen. She doesn't seem to have much academic talent."

Shen Qing nodded; she had already come to a deep understanding of this.

Many children are like this; it's not that they don't take it seriously, but that they genuinely can't learn.

Tencent Group's assets have been revealed to be as high as 200 billion yuan recently.

Although news reports say that most of the investment comes from Middle Eastern royal families, such a large group will eventually need someone to inherit it.

It is obvious that Chen An'an and the three-year-old girl are part of this.

A real-life heir to a wealthy family.

“I understand that the school will also adjust the educational approach for An’an based on your individual needs.”

The benefits of extremely high tuition fees become apparent at this moment.

Ordinary schools will never teach according to your aptitude; they will only teach you the good ones diligently, and ignore the bad ones completely.

After Shen Qing asked a few more questions, Chen Pingsheng suddenly asked her, "Teacher Shen, do you have a boyfriend?"

What does that question mean?

Even Chen An'an, who was standing to the side, was dumbfounded. What was her father doing?
Is it necessary to ask her teacher this kind of question?
Shen Qing shook her head; she didn't actually have a boyfriend yet.

My family introduced me to a few men, but I didn't like any of them.

Chen Pingsheng smiled and told her that if she found a suitable match in the future, he would introduce her to him.

She even asked Chen An'an to see her teacher off.

After the teacher left, Chen An'an immediately came over with her hands behind her back and asked, "Dad, you don't really want to introduce my teacher to a boyfriend, do you?"

"So what? She has both education and looks. My Chen family hasn't produced anyone with academic talent yet. We have to improve our family's genes."

Okay, I'm getting frustrated with your logic.

Chen An'an looked at her silly little sister, who would be three years old next May and didn't even know she was a little genius.

He spends all his time going to compose poems with chickens.

Chen An'an added, "I have two performances at the New Year's Eve party, Dad, please give me a big round of applause!"

"No problem."

Time really flies. Whenever Chen Pingsheng had time, he would take the little girl to his company and have her do small tasks like wiping windows and organizing documents in the headquarters office.

Perhaps influenced by the recent battle between Huateng and others, Dapiwa seems to have realized that there is no static way to run a business.

There is no such thing as being as stable as Mount Tai.

One must always remain cautious and have a sense of awe for the market.

As the year draws to a close, he needs to sign off on many things, such as year-end bonuses.

Zhang Wanyi said, "Uncle Chen, this is the group's profit report for 2016, as well as a year-end bonus report jointly prepared by the finance department and the human resources department. There are three options on it, and you will need to confirm the final year-end bonus plan here."

After a busy year, giving employees bonuses is a must.

Chen Pingsheng glanced at the data and found that the group's total operating profit in 16 reached 148 billion yuan.

Shuiyunjian alone contributed 24 billion.

Xinteng Live, which was only established this year, has a value of 22 billion.

In addition, Tencent Entertainment had the highest net profit, reaching 36 billion yuan.

In addition, Tengsheng Fruit, Deer Antler Coffee, Tenghui Department Store, Snack Run, as well as Boiling Sheep, Bobo Milk Tea, etc., all contributed a considerable amount of net income.

Another example is Yateng Short Drama, which was established less than a few months ago, yet it still contributed over 800 million yuan in net profit.

Short drama production is incredibly profitable, but it's unclear how long this trend will continue.

The biggest problem with this kind of thing is that the entry barrier is low; anyone with a little expertise and capital can do it. This also means that it is destined to fall into an era of intense competition in the future.

With a profit of 148 billion, the corporate income tax rate is generally 25%.

After various legitimate tax avoidance methods, it will cost approximately 20 billion.

Without realizing it, they had already become major taxpayers.

Chen Pingsheng chose the highest option among the three proposals, setting the year-end bonus at around 3 billion yuan.

The year-end bonus here does not include frontline store employees.

If you include all the grassroots employees, the Fei Yang Yang family alone has more than 50,000 people.

Store entry-level employees have a fixed year-end bonus, which is roughly two to six months' salary.

The three billion was distributed to the group's headquarters employees, with each person receiving at least 30,000 to 100,000.

After dealing with the group's year-end bonuses, Zhang Wanyi asked about the organization of this year's annual meeting.

Last year's annual meeting was a very large event. Although the group's development has experienced some minor setbacks this year, the overall direction is still very good.

Therefore, the annual meeting has become a super-large event within the group.

"The annual meeting is still scheduled for mid-January. Just have the planning department come up with a plan based on a budget of 1.5 million yuan."

Every year, Tencent's annual meeting is a grand celebration for the company, and Zhang Wanyi always looks forward to it.

Given Tencent Entertainment's current influence, celebrities don't need to pay anything to perform at their annual party.

People would rush to sign up, and to spend 1.5 million yuan on an annual meeting under such circumstances, just thinking about the scale is incredibly exciting.

Around New Year's Day, there are always many important events happening within the group, and Chen Pingsheng is usually quite busy.

However, all matters are handled by a dedicated department; his role is simply to determine the final solution.

Because Big Fart Kid was performing at the New Year's Eve party, Chen Pingsheng didn't go to Beijing to attend the grand night at Shuiyunjian.

It's been running for several years now, and it's not just that customers are used to it.

The staff at Shuiyunjian are already very familiar with the place, and they only host one large-scale customer appreciation night like this once a year.

It was also the night of the transaction.

In previous years, holding two events in Beijing could generate over a billion yuan in revenue, let alone just one event now.

According to Song Yanxi's estimate, it will not be less than 15 billion.

Chen Pingsheng was too lazy to care; he just needed to wait for the system to automatically clear the accounts after the event ended.

……

The day before New Year's Day.

The international primary school held a grand arts and culture performance.

Chen Pingsheng arrived early on purpose. He would always attend Da Piwa's school activities every year, as long as he had the time.

This is also a joyful process of accompanying a child's growth.

It was extremely difficult to find a parking spot in the parking lot in front of the school.

Teacher Shen Qing specially reserved a pretty good parking space for him.

After parking his car, Chen Pingsheng led the little girl inside, and quite a few people greeted them along the way.

Chen An'an also brought several of her good friends to see him.

"Dad, these are my two best friends from school. She is Xiao Zi and she is Xiao Mi."

They were all little girls, not even ten years old, just like her, with little braids.

Their parents also came and exchanged a few pleasantries with him.

Chen Pingsheng asked her, "What program are you performing today?"

"One of them plays the erhu, and the other dances."

"You can dance? How come I didn't know?"

Chen Pingsheng was quite surprised. Wasn't her favorite thing to do martial arts? How come she changed it to dancing?

"Dad, I'm a refined girl, how can you keep touching me like that?"

It's called dancing, but it's actually boxing.

There are quite a few people in the school who have practiced martial arts since childhood, but not many can fight as well as she does.

I vividly remember when I was in Shijingshan Elementary School, Big Paw Kid was always the one who made us laugh whenever he went on stage.

Now it's really a proper performance.

She's always loved playing the erhu, and she's really mastered it.

Chen Pingsheng was sitting in the first row, right next to the principal.

This was arranged on purpose. (End of Chapter)