The Birth of Shanghai's First Conglomerate

Chen Pingsheng sat at home, and money fell from the sky.

By the end of December, Beijing, Hong Kong, Shenzhen, and Guangzhou were all hosting grand celebrations.

The wealthy women in these places are rich and very willing to spend money on themselves.

In just three days, the four cities combined generated 3.6 billion yuan in top-ups.

After deducting all costs and product expenses, and combining them with one's own shareholding.

There are still 1.9 billion that can be used for random multiplication.

Chen Pingsheng summoned that familiar golden stone, which, after shaking, finally came to rest on the number four.

This is considered extremely lucky.

They raised another 7.8 billion yuan, which seems like a lot, but it's actually not enough for Tengfei New Energy Vehicles' operations in the first quarter.

Chen Pingsheng allocated 6 billion, which was only enough to cover their expenses from January to February of 2019.

Even if mass production has been achieved, the current sales volume is simply not enough to support the annual R&D expenses of over 30 billion yuan.

He has to hold on for at least another three years, until new energy vehicles account for more than 50% of the overall car market.

That might be when you can really make money.

This can't be rushed; no tech company can be built in just one or two years.

At the end of the month, he also took the headquarters team to Jinshan to take a look, where the total investment exceeds 60 billion yuan.

It has been under construction for about two years, and the exterior framework is now complete.

Eighteen 22-story headquarters buildings surround a 38-story skyscraper.

It is called a technology building mainly because it incorporates many technological elements.

It is paired with a unique forest city.

In addition to these headquarters buildings, there is also the Tengying high-end apartment community.

And Tengying Oriental Courtyard.

These are all high-end employee residential communities that he built himself by spending tens of billions of dollars to buy land, and they are used in conjunction with the headquarters, Forest City.

In addition, there is the newly built Tengying Management University not far away.

Apart from the university that was invested in later, the other headquarters buildings, including the residential buildings, have all been completed and topped out.

In at most another year, all of Tencent's headquarters scattered in various places will be able to move to this one place.

The idea of ​​forming one of the top private technology companies in China is something I'm really looking forward to.

From the initial design stage, this area included a headquarters building, residential complex, apartments, shopping streets, hospitals, hotels, schools, and more.

It can be said that all that's left is for this area to be completed.

It's like an independent little kingdom, with everything you could want, and you can completely escape the urban nightmare of being stuck in traffic during rush hour.

There's no need to drive to or from get off work here; it's less than a 20-minute walk to the staff residential area.

It's so convenient!

In another ten months, we should be able to move everything over.

Whether it's the headquarters building or the employee housing area, they all need to complete a uniform renovation before people can enter.

It won't be a bare-bones apartment; that would be very inconvenient.

After becoming wealthy, Chen Pingsheng also enjoyed a life of extravagance, and a large group of relatives went to help Chen Sai and her older sister Chen Yao come up with ideas.

In Shanghai, a typical clothing store wouldn't make much money.

After much thought, Chen Qi decided to open a qipao shop, specializing in the kind of qipaos from the Republican era in old Shanghai.

These clothes are extremely expensive; even the slightly better ones cost several thousand.

As for Chen Sai, since she had no business experience, her older sister suggested that she open a small shop.

This is really not a very smart idea. If you really calculate it normally, the annual rent for her storefront would not be less than two million.

What kind of convenience store can earn so much money in a year?

That place would have to be located by West Lake, and a bottle of water would have to cost at least five yuan.

The idea of ​​opening a small shop was rejected; out-of-towners who come to shop here still prefer unique clothing.

Why would she buy something on Nanjing Street when she can buy it anywhere else? Everyone knows the rent here is outrageously high.

Unable to make up her mind, Chen Sai simply made a phone call to Song Yanxi.

His wife is more reliable. She told him not to sell clothes; anyone knows that clothes on Nanjing Street are definitely more expensive than elsewhere.

Unlike Chen Qi and Chen Yao, Chen Qi and Chen Yao have absolutely no pressure.

Opening a shop requires a lot of time. It would be best if it could make money, but even if it doesn't, you can still earn a stable income of over ten million yuan every year from other sources.

This is completely different from Chen Sai's actual situation.

She directly suggested that Chen Sai sell coffee and open a Deer Antler Coffee shop.

The annual rent of 12 million yuan is indeed not profitable; in fact, it results in a loss of more than 2 million yuan.

A rent of 100,000 a year is a different story.

The gross profit margin for selling coffee is still very high, accounting for at least 70%.

With this rent, opening a Deer Antler Coffee shop would definitely generate at least three million in profit per year.

Chen Sai's most important thing is to make money first, only then can he feel at ease.

Otherwise, even if she were given 100,000 a year, she would still feel pressured.

With her cousin involved, she saved hundreds of thousands in franchise fees.

Why would you give up a sure-fire way to make money and go sell clothes?

Only Chen Qi has the means to do whatever he wants.

Chen Sai listened to Song Yanxi's advice almost without hesitation, and she renovated her shop into a deer antler coffee shop.

Two sunshades were set up outside, along with a few small tables, and an elegant coffee shop was created.

As for the eldest sister, Chen Yao, she still plans to sell bags as originally intended.

Many relatives helped them with the work, and Chen Sai was able to make money in the first month after opening her business.

The future of Chen Qi's cheongsam shop and her older sister Chen Yao's handbag shop is still uncertain.

When his wife returned from Beijing, it was already the day before New Year's Day.

Every year on New Year's Day, the family gathers together at home, and this year is no exception.

"Dad, are we going to Hong Kong to ride that superyacht this New Year's Day?"

"The New Year's Day holiday is only three days long, which is too short."

Chen Pingsheng said, "When you have your winter vacation, we'll take the whole family on a trip to the sea."

A superyacht worth billions, a true luxury item at the pinnacle of wealth.

Taking dozens of family members on a two-week Spring Festival trip is no problem at all.

It also lets Grandpa and the others experience what it's like to sail the seas.

Chen An'an thought about it and agreed that it was a good idea. As for Erpiya, her chubby little face was already eager to go to the player's big yacht.

"Honey, let's go to Grandpa's for a family meal tomorrow!"

"Sure, it's a good time for everyone to get together during New Year's Day."

Chen Pingsheng said, "Let's invite your sister Song Wu too. She's pregnant with her second child, and your mother has probably already thought of a name for her."

"How could she not be happy that the child took her daughter's surname?"

Song Yanxi tidied up the living room a bit. The mistress wasn't home; they had always lived in this large apartment upstairs.

The area of ​​over 600 square meters is truly spacious.

The advantages are obvious, and so are the disadvantages.

That is, it is more difficult to clean.

Several robot vacuums wandered around aimlessly, but they couldn't get the house thoroughly clean.

Chen An'an is alright; she's become very clean now.

Erpiya, on the other hand, wreaks havoc wherever she goes, making her the only one in the family who is truly annoying.

(End of this chapter)