The Birth of Shanghai's First Conglomerate

Hong Kong, mid-April.

Chen Pingsheng completed the share transfer signing ceremony with Guo Ziyi at his headquarters in Shanghai.

Teng Hui Department Store sold 19% of its shares for 4 billion.

Plus 10% from Xin Teng's live stream.

After selling these shares, he only had 5% of the shares in the four listed companies he had invested in earlier.

It will definitely not be sold again in the future.

As for Xin Teng Live, he only has 20% of the shares left.

"Ding! Congratulations, host! You have earned 40 billion today. Would you like to activate random multiplication?"

"Turn on."

Chen Pingsheng silently chanted "Activate," and the familiar golden die reappeared.

After being shaken repeatedly, it eventually got stuck on the fourth one.

One minute, two minutes, until eight minutes later.

His bank account only received 160 billion.

If we add this 4 billion yuan principal, that would be 20 billion yuan in cash.

It seems like a lot, but it's actually far from enough to cover his current expenses.

Chen Pingsheng injected 10 billion yuan of it into the Tengying Town special fund.

With this money invested, the future Tengying Town will only require an additional investment of 9 billion yuan to be fully completed.

The Tengying headquarters project, with a total planned investment of over 28 billion yuan, will basically no longer be short of funds.

In addition, he allocated 15 billion yuan to Tengnong Aquaculture.

Every time he received a large sum of money, he would allocate funds to Tengnong Livestock.

In order to accelerate the development of their agricultural support projects and gain greater local influence.

Four billion is nothing to the Guo family. Guo Ziyi, as the eldest grandson of the third generation, has also achieved remarkable success in recent years.

That evening, he also invited several minor celebrities from Hong Kong over, including a pair of sisters.

The two sisters were quite pretty when they first debuted.

According to the agency, the first time was still preserved.

Guo Ziyi spent HK$1200 million to buy the first night rights from their management company.

Hong Kong businessmen believe in feng shui, and that a woman's first time can increase her personal luck.

This is a well-known fact throughout Guangdong.

Therefore, those who are exceptionally beautiful, over eighteen years old, and have been virgins can easily fetch an astronomical price if they have the right connections.

Guo Ziyi wanted to hang out with Chen Pingsheng, but Chen Pingsheng declined, showing little interest.

They're all married with children; there's no need to do something they'll regret for a moment of pleasure.

Guo Ziyi is different; his wife was arranged by his family.

It was a marriage arranged by a conglomerate; as long as he didn't bring those shady women home, his wife wouldn't care about him at all.

This is the case for many marriages in upper-class circles.

After Chen Pingsheng returned home, no one knew how he managed to win over the beautiful twins that night.

He didn't stay there for long, and the next day he took a private plane back to Shanghai.

With the remaining 10 billion yuan, he still hopes to acquire a traditional car manufacturer with decent car manufacturing technology globally.

In order to supplement the weakest foundation of Tengfei New Energy.

Once he completes the acquisition, its significance to Tengfei New Energy will be self-evident.

Tong Zhelan also kept an eye out for him globally, as there are standards for technology acquisitions worldwide.

Take chip technology as an example. No matter how rich you are, you can't buy the latest technology. You can only buy those that have been obsolete for more than five years.

There are clear standards for the importation of international patents.

There's no way the Americans would let them buy the most cutting-edge scientific research results with their money.

If you want to buy cutting-edge automotive patents, it's best to avoid areas controlled by the US.

Tong Zhelan searched globally for almost a month before finally finding a well-known local car dealership in Russia.

During the Soviet era, the Russians had a very advanced industrial sector.

It's just that things didn't go as planned later on.

With its long-standing foundation, it can be said that it can't compete with Toyota and Honda in the small world, and it certainly can't compare to Volkswagen in Germany.

But compared to ordinary car manufacturers, their technology is much more advanced.

This traditional car manufacturer has been established for over eighty years and has particularly mature technology in the field of traditional fuel vehicles.

The biggest drawback is that it consumes too much fuel, but that's not a problem for the Russians.

After all, their oil prices are indeed cheap, which is clearly not competitive globally.

They possess the complete set of automotive technology, which is exactly what he lacks.

The two parties quickly reached an agreement, and Chen Pingsheng dispatched a team of senior executives from Tengfei.

He went abroad in person to talk to them, and they said there was no need for him to buy their existing car factories.

All you need to do is acquire the complete automotive technology from them.

For that Russian automaker, as long as they can sell it for a good price, they don't care about these technologies at all.

After all, he doesn't have the Chinese market.

The global market is no match for small-scale automakers or German cars.

It only sells well domestically, so there's no competition between the two, and it doesn't matter if it's sold to him.

More importantly, the Russians simply don't care about the Americans. They completely disregard the rules set by the Americans, selling whatever they want. Can the Americans really control everything, including the Russians?

The negotiations have been going on for less than half a month, and it's estimated that there won't be any results.

The final planned funding is between six and eight billion.

It's not like we're buying a whole car factory; we're just acquiring a complete set of second-tier car manufacturing technologies.

This amount of funding is more than enough.

Once this overall patent acquisition is completed, they will have no shortage of basic patents in the field of new energy vehicle manufacturing.

The only remaining issue is upgrading, which Chen Pingsheng is really looking forward to.

……

Shanghai, April 18th.

Temperatures soared and the sun blazed down.

It's not even summer yet, and the midday temperature is already over 30 degrees Celsius.

Chen Pingsheng, feeling bored, planned to go to the swimming pool to exercise for a few hours.

He spent another 1.5 billion yesterday to settle the remaining balance on the superyacht.

In another year, his superyacht, worth 2.6 billion, may be able to arrive at Hong Kong Port normally.

Then we can even take a global sea voyage.

"Brother-in-law, our company has several new artists. Aren't you going to check them out?"

My younger cousin, Jiang Peiyao, is now quite famous in the entertainment industry, but she still likes to come over and join in the fun whenever she has free time.

To be honest, he hasn't paid attention to his Tencent Entertainment for quite some time.

The main reason is that there are no competitors.

After Teng Hui Department Store completed its cash-out, his next major cash-out projects are Tengyou Media, Yateng Short Drama, and Xinteng Live.

Of course, there's also the regular event, the Grand Night at Shuiyun Pavilion.

"New artists joining our company have a standard vetting process, so I don't need to review it, right?"

"Brother-in-law, I think you should go and see them. They are both very beautiful."

Jiang Peiyao said with bright eyes, "That girl named Meng Ziyi is prettier than me, and that girl named Zhou Ye is also very pure. She just has a small chest and a small butt. Otherwise, with her looks, she could be ranked in the top five in the entertainment industry."

"Tsk...Where did you learn that? You started by commenting on someone's breasts and butt. That's not appropriate!"

Chen Pingsheng tapped her on the head and said, "Shen Wanning has already gone to film the movie 'The Imperial Tutor,' and you're still stuck in the drama industry. Don't you have any ambition at all?"

"How could that be? Wan Ning is talented, that's why she was chosen by the director. He said my face is only suitable for playing school beauties or something, there's nothing I can do about it."

"Playing a school beauty?"

Chen Pingsheng thought for a moment and said, "Isn't the most popular one in the 'Campus Beauty' category the one who starred in 'Meteor Shower'?"

"It's her! She's incredibly popular."

Those are top-tier celebrities; Jiang Peiyao doesn't dare compare herself to them. She tries her best not to use connections to get high-end resources at Tencent Film Studio.

I always audition myself; if it's a good fit, I'll act; if not, I'll look for another role.

Just because he's my brother-in-law, he can't be like that sweet girl, starting out as a supporting actress in a top-tier drama.

In the end, he still couldn't become popular, and instead, he was constantly criticized as a "resource-backed" celebrity.

This is not what she wants.

"Alright, take your time."

Chen Pingsheng said, "Actually, I don't want you to become a top star. You are the most outstanding beauty in our Chen and Song families. If you really become a top star, your current identity will be thoroughly investigated, and it will be inconvenient for you to go out."

Jiang Peiyao nodded vigorously. She never had any big star dreams. It would be great if she could earn several million a year steadily through this.

People need to be content to be happy.

As for my brother-in-law himself, even though he's so rich, he's always kept a low profile.

It's hard for outsiders to imagine that he is an extremely wealthy man.

"Brother-in-law, would you like to take a look at those two? They're absolutely gorgeous!"

"Alright, your brother-in-law bought a private club nearby. You can take them there at noon."

Private clubs are a standard feature of the wealthy.

It's a place that combines eating, drinking, and entertainment; everything and everyone there is there solely to serve that one family.

Chen Pingsheng bought his private club for 1.2 billion yuan himself.

Located in Sheshan, it features a super hot spring and a huge swimming pool.

It also features a top-notch private banquet hall, cinema, KTV, and an outdoor cocktail center with a swimming pool.

It can be said that it contains almost everything you can imagine, even the most luxurious things.

There are also five ultra-luxury rooms.

This is also a place he specifically uses to invite his friends or business guests to gatherings.

With the temperature so hot, it's the perfect place to relax.

I'll also take this opportunity to meet some of the company's newly signed artists.

He still had some impression of that Meng Ziyi.

When Big Paw first came to the group as a junior president, didn't they reward her with tens of thousands of yuan?

But this guy just stood there with his butt sticking out and ran away.

They acted as if they were afraid the company would go bankrupt the next day.

(End of this chapter)