The Birth of Shanghai's First Conglomerate

Chen Pingsheng's newly hired secretary is named Tang Jing, who has only been out of university for a little over a year.

I worked as an intern at Tencent Film Group for three months, and later worked in many other departments.

Its main feature is that it's beautiful, and its most prominent feature is that it's exceptionally beautiful.

Men, when they're married, envy those who aren't, and when they're not married, they want to get married.

It's quite awkward.

He only glanced at the girl's situation before choosing her; she was a top student during her school days.

She's the kind of person who can skip grades, and after graduation, it's incredibly competitive, to the point that her colleagues don't really want to be in the same department as her.

When a woman possesses both work skills and good looks, but lacks emotional intelligence...

The outcome is often not as easy as it seems. Just like Tang Jing, who was constantly being transferred around but never got to the place he truly wanted to go.

When a company grows to a certain size, no matter how much it emphasizes institutionalized management, it cannot avoid interpersonal relationships and social dynamics.

This is the unique characteristic of Chinese culture.

Chen Pingsheng told her to go to the secretariat to learn for a month first, and that she might be able to become proficient in her secretarial work after a month.

Days passed by, and he was busy with work at headquarters.

Chen An'an has already resumed her role as the "Big Sister An'an" in Jinshan. Besides Xiao Wenwen and Hu Tao, there is a large group of girls who like to listen to her.

An'an seemed to be the most dazzling person in the crowd again, but this time no one knew that her father was Chen Pingsheng.

She particularly enjoyed these peaceful times, but no matter how peaceful they were, some bad things still happened.

For example, when a boy comes to pursue her, An'an is overjoyed.

Pretty girls always have suitors, why doesn't she?
She naturally wouldn't have dated before college, but she couldn't be without suitors.

This guy is quite good at talking; he made her angry with just a few words.

An'an, you're so good at fighting, you can definitely protect me. I want to ask you to be my girlfriend.

Without saying a word, Chen An'an kicked him twice.

Screw you, do you think I can fight to protect others?

That was to protect myself.

Chen An'an stormed off in a huff. Rumors started circulating at school again that she had violent tendencies, but she wouldn't tolerate it at all.

She'll beat up anyone who acts like an idiot.

Hmm... that's how Big Sister An An came to be.

Xiao Wenwen and Hu Tao, on the other hand, became noticeably more cheerful after winning an apartment. They talked more than usual and would occasionally buy snacks for their classmates.

After spending some time with Chen An'an, their relationships improved considerably.

Before we knew it, it was mid-October, and the news that Jinshan City Tengying Group would complete its headquarters relocation in November spread more and more throughout Jinshan.

This is not as simple as just moving the headquarters over; it's like airlifting 100,000 highly skilled workers here.

This will greatly benefit the overall economy of Jinshan.

News can sometimes invisibly drive up the economy.

Although Tengying Group built the Tengying Community, a residential community for 100,000 people, in its own Jinshan City.

They also built 15,000 apartments. Even so, the news of Tengying Group's relocation still caused the overall housing prices in that area to rise.

The price can be described as changing every day.

If you sell it for 35,000 today, I'll sell it for 36,000 tomorrow.

In just half a month, the average price of houses in the nearby area jumped from 35,000 to over 40,000.

Based on this trend, there is a strong possibility that it will reach 50,000.

This is the influence of large enterprises, and this kind of influence is undoubtedly what local governments, including local real estate companies, most want to see.

Chen An'an knew very well that the news of Tengying's relocation was not spread by her father.

Her father has speculated on everything except housing prices.

It's even less likely that such information would be disseminated in advance, causing a large number of speculators, including those with genuine housing needs, to tighten their belts and buy houses at this time.

Chen An'an felt that this matter was probably spread by the real estate company, so she even made a special call to her father.

Chen Pingsheng only said he understood, but did not say how to do it.

Real estate companies wanting to leverage his influence to drive up housing prices isn't necessarily a bad thing, after all, he's the biggest landowner in that area.

High housing prices are most beneficial to him, so he certainly cannot and should not try to stop it.

Housing prices are linked to so many things that no celebrity dares to openly predict their decline.

Chen Pingsheng simply told Chen An'an to study diligently and didn't offer much of an opinion on the matter.

However, many teachers at the school wanted to take advantage of the situation to speculate on real estate and make a fortune.

Many students' parents are doing the same thing.

The news that Chen An'an has heard most in the past two weeks is that Tengying Group is coming, and that housing prices are going to skyrocket.

Everyone should hurry up and buy a house!
It's unclear when exactly her parents' influence became so immense.

Even the slightest disturbance sparked heated discussions throughout the entire school and the whole of Jinshan.

Some people did come to ask Chen An'an for her opinion, which was actually just a way of showing off to her that their family was going to buy another house.

Chen An'an didn't comment on this; her father was indeed coming soon.

Not only him, but most of her family's businesses are also moving to Jinshan.

Also moving here was the Dream Fund, a startup fund that had been developing in Guangzhou for four or five years and had long since become a major force.

This is very beneficial to the entrepreneurial environment in Kingsoft.

Sometimes, Chen An'an would idly wonder if she could do anything to help her father, who was so capable.

The older you get, the more troubles you have.

Even Xiao Wenwen and Hu Tao came to ask her if Tengying Group was really coming soon.

Can they really live in that futuristic city they're in now forever?
Also, is Tengying Group really as powerful as the teacher said?

Is their boss truly very socially responsible?

Is he really the best boss in Shanghai?
Can my parents go and work for him? Are all the people who work for him extremely lucky?

They had a whole host of questions, but they didn't really want to ask them; they were just rambling on like the other students.

After Teng Ying comes to Jinshan, he will definitely change the employment environment here, and countless people will want to apply for jobs there.

Regardless of the outcome, the impact of Tengying Group is not limited to housing prices; it can also drive the rapid growth of the entire Jinshan economy.

That's influence.

Chen An'an didn't want to discuss Tengying Group with her classmates, since it was her family's business, and they just didn't know it.

If they find out, wouldn't that be incredibly awkward?

She's different from Erpiya now. Erpiya is obsessed with spending money and acting cute, unable to extricate herself.

She doesn't like this anymore.

Time flies, and it's already late October.

After completing a round of cash-out, Chen Pingsheng basically met the development funds for Tengfei New Energy. After securing development funds for the first half of 2020, he even took the time to conduct a site visit. Overall, Tengfei New Energy's development exceeded expectations; the original plan to sell 100,000 units this year was achieved by mid-month alone.

This is due to both Tengfei New Energy's long-standing commitment to quality and the rapid progress of the new energy industry as a whole.

Based on the current upward trend, Tengfei New Energy will completely end its losses by the end of 22, or at most by 24.

To become self-sufficient.

This may seem like a simple data point, but it is a huge good thing for him and the entire new energy team.

Self-sufficiency means that without reducing annual R&D expenses, Tengfei New Energy will see a real sales boom in 22 and 23.

He will no longer need to inject between 350 billion and 400 billion yuan into Tengfei every year.

This is of great symbolic significance to the entire Tengying Group.

It's worth noting that he started planning new energy projects in 15, and has invested as much as 1800 billion yuan to date.

It includes two of the largest automated super factories in China, one of the world's largest lithium iron phosphate battery factories, as well as AI-powered intelligent driving systems and electric drive systems.

They have all achieved great success in these five years, but even so, they still lose 400 billion every year.

Now that I've finally predicted the day when I won't lose money, it would be a lie to say I'm not excited.

Although it will take at least two or three years, the losses have a time limit. Even if it takes until 23 at the latest, he can survive with the large amount of stocks he has invested in.

This will be an incredibly meaningful day for Chen Pingsheng.

Currently, none of the new energy companies in China are profitable.

If you don't lose tens or hundreds of billions a year, you can't even make a bubble.

Those who survive will become the victors, while those who cannot will perish before dawn.

There are more and more high-level conferences on new energy in China, and some people are even taken by the highest-level officials to attend national-level conferences.

This shows the level of attention that new energy vehicles are currently receiving.

Of course, with the market booming, some business tycoons have also started to get involved in car manufacturing.

Lei Jun said his last entrepreneurial venture would be in new energy vehicles, and he would stake his life's honor on it.

Xu said there was no limit to investment, and he took out 300 billion yuan to build cars, which was unparalleled at the time.

Even domestic tech giant Huawei has announced its entry into the new energy vehicle market.

The first half of the visitors were a mixed bag, with all sorts of people coming in.

But at this stage, anyone who dares to venture into new energy needs real strength.

In the current new energy vehicle market, Tesla is undoubtedly number one.

Next is his connection with BYD in Shenzhen.

They also spend tens of billions on R&D every year, and they are currently losing money.

The next few are the emerging internet car manufacturers. They've all been around for more than three years. Those who haven't been around for three years can't even get a seat at the adults' table.

Chen Pingsheng signed a series of presidential documents regarding resource allocation at the group headquarters.

In another month, they will all be moving to Jinshan Future City, and he knows quite a bit about how the housing prices there have soared as a result.

The houses he built were all planned to be sold to his employees. They wouldn't be sold at market price; he would only offer an internal price to one employee.

The employee internal price is roughly the cost price, between 12000 and 15000 per square meter, which is more than half cheaper than the market price.

In addition, interest-free loans can be applied for within the group. Employees only need to pay a 40% down payment, and the remaining 60% can be applied for as an interest-free loan from the group.

Because the relocation will take at most another month, the apartment buildings will not be sold to the public for the time being. Tengying Community has started selling them to its internal employees.

Only employees who have worked at Tencent Group for more than three years are eligible for priority purchase rights.

The house price is more than half the market price, and there's no interest required. Who wouldn't want to buy it?

You could say that getting one is like winning the lottery.

There were too many applicants from various companies, which is why he needed to sign the highest resource allocation document.

It's roughly about how many sets this company can get, and how many sets that company can get.

Finally, summarize how many sets there are.

These houses are worth between 28 billion and 35 billion. Based on a 40% down payment, he can expect to receive between 11 billion and 14 billion within the next month.

This wasn't just a few people pooling their money; it was tens of thousands of families working together to contribute.

Any headquarters employee who stays at Tengying Group for more than three years will have a decent income.

It shouldn't be a big problem to scrape together this small down payment.

The employees within the group were overjoyed, since there had been clear and specific plans for the area since the construction of Kingsoft's headquarters began.

Many people have been waiting for the headquarters buildings to be completed so they can buy one there.

Now that it's actually built, many people have gone to see it during their holidays. Its grandeur rivals any high-end residential community in Shanghai.

The project will be undertaken by China Construction Second Engineering Bureau, the most powerful engineering firm in Shanghai, so there will definitely be no problems with the quality.

Moreover, apart from those few buildings with the best views, the rest are all 12,000 yuan per square meter, which is simply impossible in Shanghai.

With these housing prices, if it weren't for internal purchase restrictions and multiple screening processes to determine buyer eligibility, sales offices would be packed to capacity in no time.

The news that Tengying Group was launching internal rooms still reached Jinshan from the city center.

Especially when their internal price was released, it was like a bolt from the blue for the surrounding property prices.

Such a high-end residential complex, only 12,000 yuan per square meter?

Are you hiring? I'm willing to work for free for two years, just give me a spot to buy a house.

When Chen Pingsheng acquired the land, he said that the entire area was built for his employees.

In the government's planning, this is called "talent introduction housing." Selling this type of housing is very beneficial to the entire Jinshan area, especially the surrounding areas.

Talent recruitment is something that all regions need to do, and there will be many corresponding policies.

In short, the land for talent introduction housing is much cheaper than that for regular residential housing.

Chen Pingsheng spent over 20 billion yuan of his own money to build these houses and then spent a lot of money to complete the high-end decoration.

Nowadays, he truly doesn't earn a single penny from his employees. He only uses a cost-sharing model and provides interest-free loans to ensure that employees can own their own apartment in Shanghai at the lowest possible price.

The moment the news broke and the highest-level resource allocation order was issued by the group headquarters, the entire internal organization was in an uproar.

Then it spread to Kingsoft, then to the entire Shanghai, and finally to the domestic business community.

Even foreign websites have shown great interest in reporting on this event.

The news of Tencent's film studios allocating rooms to each other immediately dominated the trending topics on the internet.

This isn't about selling houses; it's about sharing the construction costs with the employees.

This doesn't even include the interest costs of the tens of billions invested.

In Shanghai, a city where housing prices in the 21st century are prohibitively high for first-tier cities.

He asked for 12,000 yuan per square meter, with zero shared area.

This can no longer be described as a "people's price," it's a truly dirt-cheap price!

Even in the most remote suburbs of top-tier cities, you won't find anything below 20,000 yuan per square meter without any shared area.

(End of this chapter)