The Birth of Shanghai's First Conglomerate

Tencent Entertainment has re-signed all its artists to ten-year contracts.

Unlike before, this time the termination fee is shockingly high.

Barring unforeseen circumstances, Tencent Entertainment should remain stable for at least another ten years.

Moreover, this newly signed contract reveals that Tencent Entertainment has taken the lead in abandoning popular celebrities.

Productions featuring popular celebrities generally don't receive large investments.

The more crucial point is to get all these popular celebrities to do live-streaming e-commerce. Only after providing sufficient profits will Tencent Pictures consider investing in some big-budget productions for them.

The benefits of doing this are very obvious.

That is to resolve the financial crisis of the past two years and directly boost investor confidence through the live-streaming e-commerce sector.

Regardless of whether those popular celebrities like it or not, Tencent Entertainment's stock price soared as soon as the news broke.

A return to a market capitalization of 160 billion is just around the corner.

……

Mid-December.

Tengfei New Energy has delivered some truly exciting news.

One hundred Tengfei P6 new energy vehicles have completed a six-month testing period of 50,000 kilometers.

It was officially and fully approved, but many details were still discovered during this period, all of which were resolved within the next six months.

Moreover, this six-month promotional campaign, including a superstar concert and support for the World Cup, has further boosted the event.

Tengfei Motors enjoys a certain degree of brand recognition globally.

The super factory has started full-scale mass production, with the first batch of production initially planned to be 20,000 units.

Chen Pingsheng set a small goal for Tengfei New Energy: to sell 100,000 units in 2019.

It's unlikely that sales will be too high at present, mainly because new energy vehicles account for too small a proportion of the overall market.

It accounts for only 5% of the automotive market.

With over a dozen emerging electric vehicle manufacturers vying for a share, it's clear that the target of 100,000 units in the first year is not low.

Chen Pingsheng was in a good mood. After investing over 100 billion yuan and working on Tengfei New Energy for more than three years, the company had finally achieved mass production.

This was almost impossible in Lao Jia's mind.

He's the first person to make building a car sound more difficult than landing on the moon.

After all these years, Jia Yueting is still raising funds overseas; that's something else.

Once Tengfei New Energy truly succeeds, he will no longer be just an ordinary business tycoon.

Instead, they became tech giants, which carries a significantly different level of prestige.

In high spirits, Chen Pingsheng didn't care about the chilly December weather. Just as he opened the car window, a beautiful young woman in a black bodysuit pulled up next to him on a motorcycle.

She had a great figure, her hair was down to her waist, and she was wearing a white helmet.

Anyone who can drive this kind of motorcycle in Shanghai is definitely a rich kid.

Firstly, registration is expensive, and secondly, a decent motorcycle can easily cost hundreds of thousands of yuan.

Chen Pingsheng even greeted her, saying, "Beautiful lady, your motorcycle is quite nice!"

No matter what kind of car he drives, there will definitely be traffic jams at this time when he picks up his child.

The woman on the motorcycle turned her head and glanced at him. "It's not expensive, only a little over 400,000."

"Oh, your family is quite wealthy. No matter how expensive a motorcycle is, if something happens to it, you'll either die or be crippled."

Chen Pingsheng advised, "Young lady, you're still so young, you should avoid playing with such dangerous things."

Yang Ziqi rolled her eyes at him and instantly lost the will to speak.

He has absolutely no idea what young people enjoy.

"Uncle, you should just stick to being your Phantom driver. Bye-bye."

Yang Ziqi sped away.

Chen Pingsheng finally got the green light. To be honest, what's wrong with the Phantom?

That is, driving it makes it very easy for people to mistake you for the driver.

It doesn't matter, let him try driving this car as a Didi driver tomorrow.

Just like before, I picked up the older kid first, then the younger one.

His wife is busy hosting a grand celebration in Beijing, so she probably won't be home much for the next month.

The task of picking up the kids from school has once again gloriously fallen to him. Chen An'an now does nothing but study after school, while Erpiya is different; she's either doing live streams or getting others to film short videos for her.

As for the mistress Chen Lu, she's not even two years old yet.

We'll leave him with his two grandmothers to take care of him until he's older, at least until he starts kindergarten, before we'll bring him to live with us.

In the evening, Chen Pingsheng called Liu Fen and Peng Ying down to watch over the two little girls, while he went out to work as a Didi driver for an hour.

This is something you need to consistently do.

After thinking about it, he actually registered the Phantom and categorized it as a luxury car.

The fare is a bit higher than that of a regular car, and many people specifically choose luxury cars.

He started from the Bund and the first person he picked up was a middle-aged man.

This guy really has a knack for it; he was amazed after getting on the bus.

She even asked for his number, saying that she would call him next time she had a client and ask him to pick her up.

This is an attempt to use his Phantom to enhance his image!

Chen Pingsheng refused without hesitation. When he finished his trip, he happened to run into Chen Tan's sister, Chen Sai.

She was actually running a red light; she looked worried about being late.

Chen Pingsheng wanted to greet her, but she was riding too fast and he didn't have a chance.

He only sees two customers a day, and then goes home.

The first trip was unremarkable, but the second trip was quite serendipitous.

He met Yang Ziqi, who was dressed in a leather racing suit, at the hotel entrance.

Yang Ziqi smiled when she saw it was him.

"Hey uncle, what a coincidence!"

"Oh, it's you. Why aren't you riding your motorcycle?"

"You've had a few drinks, you can't ride!"

Yang Ziqi got into the car, but unlike the previous person, she didn't curiously look around the interior.

To be able to do this, one must have frequently ridden in a Rolls-Royce.

"Uncle, you're using your boss's car to pick up customers, doesn't your boss say anything?"

"It's just a beat-up car, what can the boss say?"

"Hehe, you're really good at showing off. This is the first time I've ever heard someone say that the Phantom is a piece of junk!"

Yang Ziqi has a pretty good personality; she is a third-year student at a top arts school in Shanghai.

It's certain that her family is wealthy, but she doesn't have the spoiled temperament typical of rich kids.

The main reason is that her parents only started to become wealthy when she was in her teens.

Not everyone is born rich.

The difference here is like that between Chen An'an and Erpiya.

He was already very rich when Erpiya was born.

No matter how much she was taught, Er Yatou could not understand the word "poor".

In her mind, the concept of poverty simply doesn't exist.

"A car, no matter how good, is just a means of transportation."

Chen Pingsheng didn't dwell on the issue with her, but instead turned to ask her.

"You're still going to a bar at this hour? Don't you need to go home?"

"A few classmates are over there, uncle. You don't understand the world of young people!"

"I really don't understand."

Chen Pingsheng realized that there was a serious generation gap between him and these post-95s, but he didn't ask any more questions.

After delivering it, Yang Ziqi thanked him and ran straight to the bar.

When he returned, he did not see Chen Sai.

He also wanted to remind her not to run red lights unless necessary, because it wasn't worth the money to do something so dangerous.

The key point is that if you get hit by a car, the car driver won't bear much responsibility.

(End of this chapter)