The Birth of Shanghai's First Conglomerate

Chapter 584 Little Secretary

The National Day Golden Week holiday is almost over.

Erpiya came running back excitedly. She's still a chubby little girl, and no matter how much mischief she causes outside, she has to behave herself when she gets home.

Moreover, she can only act recklessly during holidays.

After starting school, besides being the second oldest in the class, I still had to obediently listen to the teacher.

It's that miserable school day again. When will we be able to have holidays every day?

Erpiya didn't dare to say it directly, so she could only mutter it to herself.

As for Chen An'an, the big-breasted kid, he went to Jinshan to perform for a few days and earned at least a thousand or eight hundred. It doesn't matter how much money he has; the most important thing is to be happy.

She liked this feeling of freedom, and even more so, the carefree feeling of wandering the streets.

She's the only one who can describe street homelessness in such a fresh and unconventional way.

On October 8th, Chen Pingsheng went to work at headquarters.

It's been over a month since headquarters issued the relocation notice, and most of the preparations have been completed.

The specific relocation date is set for November 28th, which is an auspicious day for moving, and a feng shui master was consulted specifically for this.

Moreover, the feng shui layout of the entire Kingsoft headquarters alone cost more than 300 million yuan, and his own headquarters building was modeled after the most prestigious four-legged square ding among the bronze ritual vessels of the Shang and Zhou dynasties.

The ding (鼎) was the most important ritual vessel in ancient times. Historical records state that Yu the Great of the Xia Dynasty also "cast nine ding to represent the nine provinces." As a national treasure, the ding symbolized supreme power and was regarded as a symbol of the state and authority.

Of course, it also has the effect of shaking one region.

As the saying goes, "First is fate, second is luck, third is feng shui, fourth is accumulating good deeds, and fifth is studying," most ordinary people do not believe in this vague and ethereal concept of feng shui.

But wealthy people, especially those from Guangdong and Hong Kong, believe in this.

Chen Pingsheng wouldn't promote such vague and unrealistic things within the Tengying Group, but he had all his houses, including the headquarters building, surveyed by feng shui experts at great expense.

In particular, the headquarters of Kingsoft has cost nearly 300 million yuan to set up.

This does not include the money he spent building the headquarters; it only covers the cost of hiring a top feng shui master to arrange the layout.

Another crucial point is that his current cheat system doesn't provide much money anymore; it mainly provides luck points.

This thing is even more elusive and quite difficult to increase, but since his family got it, it seems that they have never been sick again, not even a minor illness like a fever or a cold.

The headquarters will be moved at the end of November, and Chen Pingsheng is also busy raising enough development funds for Tengfei New Energy in 2020.

Besides his external investments, his most valuable stake is a 21% stake in Tengyou Media. Tengyou has been listed for six months, and he can gradually cash out his shares.

In addition, there are 20% from Deer Antler Coffee and 10% from Tencent Entertainment.

These are already the three companies in which he holds the largest stake among the internally listed companies.

Tencent Entertainment can cash out up to 5%, while Deer Antler Coffee is pursuing a global strategy, and its stock price still has room for further growth.

The current stock price is only around 450 billion, so even if all of it were cashed out, it would be too little.

Tencent Video, on the other hand, is a prime example of how the short video economy is booming, and this could be a perfect opportunity to cash out.

He took out 11% of his shares to find external investors. He couldn't take too much at once, and it was difficult to find a buyer. This was also quite detrimental to Tencent Media's stock price.

To put it bluntly, the influencer economy doesn't have many stable assets, even for a giant like Tencent.

It could collapse at any moment. With such instability, how can it still have a market value of over 80 billion? If he cashes out too much at once...

It is inevitable that people will be suspicious.

The 11% stake was valued at 80 billion, and a series of benefits for the partnership were also offered.

It can be said that as long as you spend 8 billion to buy his shares, it is equivalent to having priority cooperation rights with a super-large internet celebrity media company.

This right to cooperate allows for the allocation of resources across the entire company to a certain extent.

That's the benefit.

For businesses that struggle to gain traffic, this is like adding wings to a tiger.

This also allowed Chen Pingsheng's high-priced stocks to still attract several wealthy individuals.

He's cashing out these shares so he can invest all the money in Tengfei New Energy. Combined with this current investment, it should be enough to fund Tengfei New Energy's development for about six months.

We'll figure out the rest next year.

Chen Pingsheng didn't even attend the exchange meeting for the transfer of shares in Tengyou. Eight billion yuan was not a big deal for him.

The most valuable shares he holds are no longer his own listed companies.

Rather, it's the large companies he invests in, as well as the new energy companies that haven't yet gone public.

The days at headquarters were quite leisurely, because after Lin Qiunan was transferred to the Guangzhou Dream Foundation, he started choosing a personal secretary again.

If we were to say what the first criterion for a secretary is, it would have to be that she is beautiful.

Being pretty may not do anything, but it's pleasing to the eye.

Secondly, good work skills are also very important.

Being pretty is the minimum requirement, having good work skills is the foundation, and being a top student is also essential.

Even at his current level, Chen Pingsheng still suffers from a lack of education.

He can't understand English, and he can't even say "Are you OK?"

Lei Jun can be ridiculed online for his non-standard pronunciation, and those who ridicule him are also exceptional individuals.

Does a CEO with assets worth hundreds of billions need to speak such fluent English?

You speak so eloquently, like a professional announcer, but you still have to work honestly for someone else.

Chen Pingsheng's principle is that if he can't do something well, he won't do it at all. He also never publishes strange inspirational remarks online, nor does he create any lofty or sophisticated persona for himself.

Speaking of this, he thought of the newly purchased shares in Future, and the CEO of that company was quite eccentric.

He's clearly an outsider to car manufacturing, yet he claims to have everything Tesla has, and even things Tesla doesn't.

If I hadn't invested in Tesla and gained a deep understanding of the company, this kind of nonsense might have fooled some people.

If you really understand this company, you'll find that although their cars are built like unfinished products, they don't have refrigerators, color TVs, or large sofas.

However, its core technologies, including every detail, are completely unmatched by any domestic new energy vehicle manufacturer.

Even if he invests over 100 billion, he wouldn't dare say that he has everything Tesla has.

Not to mention what it doesn't have.

If it weren't for the fact that the stock price had already plummeted and there was no further room for decline, he would never have chosen to hold such a CEO's stock for the long term.

To put it simply, the core of investing in tech stocks is whether the founders are reliable.

This is the first principle.

The reason why Apple has been able to grow steadily for ten years after losing Steve Jobs is that it avoids making reckless investments.

The company has the highest cash flow reserves among global technology companies.

Whenever a new core technology emerges in the mobile phone field, someone can crush all competitors simply by throwing money at it.

Regardless of how the stock price may change in the future, with a CEO like this, he wouldn't hold the company's stock for more than two years.

It depends on the situation.

It can be said that when Chen Pingsheng invests in stocks, his first investigation is not about the company itself, but about the people in charge of that company.

If the people are incompetent, the company is bound to fail.

The people involved are reliable. This company may not perform well in the short term, but it is likely to outperform the market in the long run.

Of course, there is another prerequisite: a trend is also called a "hot spot".

It's obvious that the new energy sector is booming right now; he could make money even if he bought blindly.

It's just a matter of how much.

The secretary has been chosen; he personally selected her, and she's a very pretty young girl.

(End of this chapter)