The Birth of Shanghai's First Conglomerate

Chen Pingsheng has always believed that...

The robust growth of big cities is nourished by people.

Whether it was his previous work selling durians on the streets or the daily sweat and toil of migrant workers.

Or perhaps it's the enthusiastic service provided by these young women from out of town that contributes to the shared prosperity of this big city.

The reason why Tengying Group was willing to cut a large number of senior executives even at the cost of its stock price being halved.

That is, more and more people in positions of power like to equate their position and platform with their personal abilities.

The executives who coveted employee benefits were like this, and so was his childhood friend Gao Hu.

They all became complacent and arrogant after achieving a certain level of success.

With his two children in tow, Chen Pingsheng visited Boiling Sheep and Bobo Milk Tea.

Collect as much information as possible from frontline employees within a day.

This information is often not heard while sitting in an office, because too many people will deliberately or intentionally only report good news and not bad news.

This has led to a serious disconnect between headquarters decision-making and actual operations.

He spent the first day of the New Year conducting investigations, and on the second day, he took his two young children to work at headquarters.

Because of the three-day holiday, only a few essential staff remained, and most employees went back to their vacations.

Good morning, Boss.

"BOSS, your private elevator."

The four familiar receptionists on the first floor were still there; they weren't highly educated, having only graduated from high school.

My daily work involves reception and customer service, which is not complicated and not challenging at all.

When Chen Pingsheng arrived at the bubble coffee shop, he simply greeted the owner from afar with "Hello, boss!"

Why didn't any of you get a holiday?

"Boss, we have a work-short schedule. We'll get three days off this month after the New Year's Day holiday."

"Okay!" Chen Pingsheng nodded and entered the elevator at the receptionist's signal.

Direct access to the top-floor office.

"An'an, do you remember when you were a little CEO in Beijing when you were a child?"

"Of course I remember!"

Chen An'an has finally grown up; she will be in sixth grade this September.

"Weren't we being pretty reckless back then?"

"It's normal to act silly; it all takes time."

Chen Pingsheng said, "Do you remember last year when you asked your father to set up a super restaurant for outsiders in Hong Kong?"

"I remember, it was after that fat aunt took me to see her birdcage house that I invested in it."

“Yes!” Chen Pingsheng made her sit in his CEO swivel chair. “You haven’t been to Hong Kong since the opening this year. I hope you can go there and help out for a month during your winter vacation.”

"Sure, I haven't seen Sister Youwei and Auntie Pang in ages."

Chen An'an is fine with whatever she does now; she has indeed become much more sensible after experiencing life in an urban village.

Chen Pingsheng was deeply gratified. "After you finish your month there, Dad will set up a separate charity fund for you next year, putting in 200 million yuan every year for you to use as you see fit. Then you'll be the real Little CEO An'an."

"Dad, isn't it too early?"

Chen An'an was somewhat surprised, "I'm only ten years old. Is it really appropriate for me to be in charge of such an economy so early?"

"Your dad used to think it wasn't appropriate, but..."

After a pause, Chen Pingsheng decided to tell her the truth. "Looking at your performance over the past few months, it's true that you should have inherited and learned how to use the family assets sooner. A couple of days ago, your mother took out her family heirloom computer and spent the whole night calculating. She was quite surprised by what she found. You know what I mean?"

"Has our family become that rich?"

"That's a lot, more than you can imagine," Chen Pingsheng could only tell her.

The little kid used to love spending money recklessly and buying all sorts of things, but after buying all the luxury goods, he realized they weren't all that great.

She now prefers to spend her money on meaningful things.

The Hong Kong Outsiders Restaurant was the final test; once she got past it, she would be able to freely allocate 200 million yuan annually.

Neither her mother nor Chen Pingsheng himself would care how she spent the money.

Chen Pingsheng was still thinking about the future education plans for his children.

Erpiya may be clever, but her complete disregard for other people's feelings is truly astounding.

This mentality often stems from a sense of superiority within the family.

There's nothing we can do about it; she's been wearing a multi-million dollar princess crown since she was born.

Every year after that, she received tens or hundreds of millions of dollars worth of gifts for her birthday.

Wherever she goes, she is picked up and dropped off in a top-of-the-line Phantom, and countless people bow down to greet her as she gets out of the car.

Given these living conditions, does she need to consider other people's feelings?
The answer is absolutely not.

Apart from her sister and her family, everyone else had no choice but to go along with her.

The title of "Second Princess" is truly well-deserved. As for the eldest child, he has become much more sensible, polite, and kind.

More importantly, they have a high degree of compassion for ordinary people.

Letting her get in touch with and use the family funds earlier is a way for her to adapt to her true identity as Princess An'an sooner.

As for Chen Lu, the mistress, he can only grow up in a middle-class family; he must never follow in the footsteps of Er Yatou.

Didn't you see that Er Yatou, who just joined the group, was already carrying Little Fatty's hands and going to patrol the mountain to find someone to serve her?

Her older sister used to do the same thing, but she quickly got bored.

Judging from Er Yatou's condition, she'll probably enjoy this for many more years.

A father has no greater responsibility than raising his children well, besides his career.

By the time Er Yatou returned after touring the seventh and eighth floors of the building, it was already 11 a.m.

She's so used to being waited on.

"Dad, why don't we hire a few housekeepers?"

"Hire what? You want a housekeeper just because I asked you to clean the house once?"

"There are no ducks."

Erpiya wanted to argue a bit more, but after seeing her sister's glare, she immediately shut up obediently.

Knowing martial arts is impressive.

It seems like that's really quite remarkable.

At least they kept her completely under control, so she didn't dare to voice any dissent at home.

Fortunately, she has a mistress named Chen Lu whom she can bully at will.

It's not too much for the older one to bully the younger one, and the younger one to bully the younger one, is it?

Thinking of this, Erpiya let out a sinister laugh, like a pig squealing.

When they got home, Chen Lu, the third child, was fast asleep, with little bubbles coming out of her nose.

After Erpiya went over, she actually blew chewing gum in his ear, and it suddenly popped open.

A loud "bang" was heard.

Chen Lu, the mistress, wiggled her short arms a couple of times, still wanting to sleep.

Erpiya was happily tickling his little feet when Chen An'an kicked her.

This unreliable second sister is only responsible for making people cry, not for making them laugh.

The mistress is most well-behaved when she's sleeping; if she keeps crying after waking up, who's going to take care of her?

Grandma Liu Fen attended Grandpa's funeral in Beijing, while Grandma Peng Ying had already returned to her hometown of Wangcai Village.

Who's responsible for appeasing the mistress? Can she even take on that responsibility?
You can pull it down!

Seeing that the mistress was about to wake up, Chen An'an immediately shook her.

He rocked him back to sleep before warning his second sister.

Erpiya pouted, unconcerned. Having been beaten since childhood, would she still be afraid of being hit?
It has thick skin and a tough build, and its passive ability to take hits is exceptionally good.

How could she really be afraid of her sister!
Song Yanxi was in the room. Last month, the Shuiyunjian Grand Night in Beijing made 1.2 billion.

Chen Pingsheng obtained 24 billion through random multiplication.

Adding the two billion that wasn't spent last time, there's easily another three or four billion in working capital.

However, he used over 90% of that money to invest in the IPO of a food delivery group.

The shareholding also increased from the original 2% to 3%.

The extra 1% required a full investment of 42 billion yuan, which ensured that the shares were not diluted and even increased slightly.

What kind of business is group-buying food delivery? Anyone who has worked in the catering industry knows.

He was basically lying on top of it, sucking the food.

Delivery drivers and businesses of all sizes take a cut from both sides.

If you want more traffic and business, you have no choice but to join.

When most restaurants across the country use this platform to order takeout, or even make purchases.

A valuation of 50 billion US dollars is simply not enough, which is the main reason why he keeps increasing his investment.

Of course, no one can predict the future.

In any case, the investors in this platform are basically well-known large capital firms in China.

Including him, all three of the major internet giants, BAT (Baidu, Alibaba, and Tencent), were involved.

There are also a series of overseas funds.

With so many companies backed by large amounts of capital, even a pig could take off.

Chen Pingsheng now prefers to invest his large sums of money in large projects rather than the small projects he used to pursue.

(End of this chapter)