The Birth of Shanghai's First Conglomerate

Gao Hu has indeed run into trouble. He had secured a life-saving 500 million yuan financing deal before the Lunar New Year, but because of this incident, the deal was completely cut off with just one sentence.

Chef Gao originally planned to use the money to pay salaries and stabilize the current situation.

It's clear now that he's completely bankrupt. Not only that, they're not only going to bankrupt him, but also saddle him with billions in debt.

If that were to happen, his life would basically be ruined.

There is no chance of turning things around.

After learning a little about the situation, Chen Pingsheng completely ignored it, putting himself in the shoes of his friends and family who might have encountered such a mess.

If his wife is slept with by someone else, he will only do worse.

This is every man's inviolable taboo. Not to mention those who are rich and powerful, even those who have nothing will take a knife and hack you down several streets.

Gao Hu has clearly crossed someone's bottom line this time.

After getting off work, Chen Pingsheng didn't go anywhere. Instead, he went to help Old Chen renovate his own Red Star Hotel.

This restaurant, with an investment of 50 million yuan and an area of ​​over 3,000 square meters, is the largest of its kind.

Time flies, and it's already mid-March.

In just ten days, Chef Gao declared bankruptcy, and Gao Hu disappeared from the face of the earth.

Nobody knows where he went; even Changfu can't get in touch with him.

Many people in the capital market are chasing him for debts, and court summonses are being sent to his parents one after another.

The once-glorious CEO of Boiling Sheep has fallen to such a state in less than three years.

Those who knew him were also filled with sorrow.

Chang Fu even brought Yang Qian to visit again, his purpose being to ask Gao Hu for a way out.

Gao Hu has lost everything. If no one speaks up for him to the capital market or even to that old man he offended, he probably won't be able to stay in the whole of China.

They lost so much money, and even signed a liability agreement back then. Now they think they can just run away? It's not that easy.

Chen Pingsheng sat on the balcony drinking tea, while a light drizzle fell outside.

March is already a rainy season, and April is even rainier.

After he put down his teacup, Chang Fucai said, "Gao Hu really can't hold on anymore. His parents are practically kneeling down and begging me."

Yang Qian snorted, "It's all his own fault. He likes to play around with women outside, and now that he's gotten into trouble, he wants others to clean up his mess. How could that be?"

Yang Qian said that, but since she came, she made her actual attitude clear.

Regardless, Gao Hu grew up with him.

If it weren't a matter of life and death, I could let him be; but now it involves life and death.

Do you really think that so many people in the capital market are kind-hearted?

Chen Pingsheng said, "You two don't need to put on this act anymore. I'll send him a notification later. I can't guarantee anything else, but I can guarantee he's still alive."

It's certain that the height of the Tiger model will be restricted.

Fortunately, Xiao Chun divorced him earlier, otherwise none of them would have escaped.

Chen Pingsheng could not possibly take on any of his debts, and he would basically never have a chance to turn his life around again. He should just find a place and live a quiet, ordinary life.

That's already the best possible outcome.

Changfu was also his best friend; the three of them were actually quite similar.

Chen Pingsheng was helpless; this was a matter that was difficult to manage and he wouldn't manage anyway.

When they went back together, Yang Qian drove her latest Bentley Continental GT sports car, and she kept glaring at Chang Fu.

"The luckiest thing you've ever done in your life is meeting your brother Lao Chen. Otherwise, with your character, you wouldn't be much better off than Gao Hu once you have money."

"You can't compare me to Old Chen."

Chang Fu smiled wryly and said, "I've never seen anyone who can remain so virtuous after becoming rich."

Do you think it's easy to run such a big family?

Yang Qian also manages Deer Antler Coffee herself, and knows all too well how difficult it is to maintain a business long-term. "Regarding what happened with Gao Hu, you said Old Chen went too far. But don't you think about all those people watching? If he hadn't fired Gao Hu, how would he have been able to lead the team in the future?"

"And you too, Gao Hu got into trouble for sleeping with someone else's wife and was killed, and you immediately ran to Lao Chen for help. If he agrees, wouldn't all those people who were affected by him and fired be unjustly killed? If he doesn't agree, won't you say he doesn't care about our past brotherhood?"

Chang Fu was once again rendered speechless by the rebuttal.

"Did you already know that Old Chen would definitely agree to help Gao Hu this time when you came with me?"

"Of course I know."

Yang Qian had worked in a municipal government unit for a long time, so she saw things much more clearly than Chang Fu.

"Old Chen can allow others to bankrupt Gao Hu, or even ruin his life, but he will never allow others to use underhanded means to really kill Gao Hu. This is his bottom line. Others will not dare to kill him if they do not know the situation."

"If Gao Hu hadn't had some childhood friendship with Lao Chen, do you really think he could have escaped under so many people's noses? Dream on!"

"Has Old Chen's influence become this terrifying?"

Chang Fu was quite surprised when he thought about it. It was only because of his childhood friend's reputation that Gao Hu's life was saved, even though he had offended so many people.

This is truly terrifying.

Yang Qian sighed and said, "Do you really think you have the ability to manage Tencent Entertainment, which is full of beautiful women and has a market value of over 100 billion?"
"I can tell you with certainty that with your radical methods, if it weren't for Old Chen backing you up, any female celebrity could easily embarrass you by bringing up her godfather or godfather."

Chang Fu actually believed this, but as time went on, he inevitably became a bit arrogant, especially after he had successfully managed Xinteng Live and Tengying Entertainment.

In fact, Yang Qian knew very well that neither Tencent Entertainment nor Xinteng Live could be protected by Chang Fu.

At its peak, Xin Teng's live stream would receive at least several thousand reports from netizens every day.

It's all about various internet celebrities getting into trouble; one person is always in trouble, another is always in trouble.

Such a large listed company has received so many complaints.

If he didn't have extraordinary abilities, he would have been taken down long ago. Chang Fu was just in the position of president and didn't need his management at all.

Back in Hong Kong, Chen Pingsheng and the founder of Kuaishou jointly invested in Xinteng Live.

They also brought in a large number of top figures from the capital market to join the game.

The wise devise strategies, and there are some things that Changfu simply doesn't understand.

At its simplest point, Deer Antler Coffee's overseas expansion has been smooth sailing.

That's because Old Chen has a great international reputation, and many people have to give him face.

Do you really think that his investment of over 10 billion in Leicester City, and the investment funds on Wall Street, was all for nothing?

Without Old Chen's things, they wouldn't be as relaxed as they are now.

Yang Qian also repeatedly reminded Chang Fu not to take himself too seriously.

Things must be done well, but we absolutely cannot bring up those old brotherhood relationships all the time.

Old Chen is not only his brother, but also a big boss with 700,000 employees.

This responsibility is far greater than brotherhood.

Without the excellent reputation he has built up over the years, why would the higher-ups give them any face?

Don't be fooled by their current situation; when they return to their hometowns, even the county head and city officials will personally receive them.

That's all because of Tengying Group's reputation.

Sometimes word-of-mouth may seem useless on the surface, but when you really need it, you'll realize how significant it is when millions of workers are drawn to it.

This is also the most valuable hidden asset of the entire Tengying Group.

Of course, these things also place particularly high demands on Chen Pingsheng.

Only he can diligently safeguard the market reputation that has been built up over many years.

Replacing it with someone else would definitely not work.

(End of this chapter)