The Birth of Shanghai's First Conglomerate
Chapter 594 The Big Health Industry
Chen Pingsheng quite liked his secretary, Tang Jing.
Especially her little mouth, it's like she's a brat. She's just working and she wants to play the game of unspoken rules. I'll slap her down and not tolerate it at all.
Her parents are both wealthy, and they raised their daughter quite well.
Chen Pingsheng sat in the coffee shop for a while before deciding to go home. He had to say that Jinshan was better than the city center in many ways, especially in terms of transportation.
He could accelerate a bit even if he were driving a Bugatti, so that even a shared bicycle could ride in front of him and mercilessly mock him.
His family still lives in a villa halfway up the mountain. The house is very big, with three floors. When they bought the house, his younger sister followed him around excitedly.
Her house is right next door.
Erpiya is still studying in the city and may not come back at night, so Jinshan has become her sister's domain.
Chen An'an was still very happy at school, and in just a few months, she had once again gathered a group of little fans.
He kept his promise and brought Hu Tao and Xiao Wenwen to his home.
Chen Pingsheng treated the two of them to a meal and also asked about Da Piwa's situation at school.
Chen An'an smiled and said, "Dad, I'm doing fine at school, you don't need to worry about me."
"I'm not worried about you. I'm just checking if you're getting used to your ordinary life."
"I'm quite used to it!"
Chen An'an said, "Although some classmates guessed that I'm from a wealthy family, it's not a big deal, is it?"
"It's really nothing."
Chen Pingsheng told her to go play by herself, but the things she liked to play with after entering junior high school were different from what she liked to play when she was a child.
Chen An'an likes to perform on the street and also likes to take her classmates to sample different foods, preferring small and exquisite shops rather than big restaurants.
Perhaps influenced by him, she has a particular fondness for small food shops.
Erpiya is different; she doesn't eat anything from street stalls.
Time flies, and it's already late December.
The scenario predicted by the Economic Research Institute did not materialize, and the outbreak in Wuhan will not pass immediately.
It was a result of things escalating further.
He even heard about the city lockdown from above. What does that mean?
It basically means drawing a circle over there, so that people inside can't get out and people outside can't get in.
The attempt was to use this direct method to control the outbreak in Wuhan.
Even Chen Pingsheng thought this method was quite necessary, since the information sent back from there had shown that it was unprecedented.
Its contagiousness is beyond imagination; once it crosses that city, it will affect the entire country of China.
Although the news was kept under wraps, it continued to escalate for these large companies.
It can only be said that with evolution reaching this level, a city lockdown is highly likely to occur, which has cast a shadow over the entire Tengying Group.
The previously optimistic assessment of the situation vanished after all the staff in Wushi were transferred out.
Chang Fu even came to him three times, originally planning to slowly take 1 billion yuan to open a traditional Chinese medicine physiotherapy clinic.
As a result, this trend will directly raise public awareness of health preservation.
It's the kind that's endlessly elevated, what does that mean?
This means he has chosen the most promising track in the future. The health industry will inevitably become the most concerned topic for everyone in the next five or even ten years.
This has really propelled the health industry to new heights.
Chen Pingsheng himself immediately adjusted the Dream Realization Fund's support plan, focusing the main investment track in the future on the big health field.
Starting a business in this field is no longer as small-scale as it used to be.
He directly allocated 10 billion yuan in cash and established a separate investment department for the big health sector within the Dream Fund.
We also invited Song Yanxi's top-notch TCM team to explain TCM therapies, including specific investment projects in the health and wellness sector, to all the investment staff of the Dream Fund.
Moreover, the Economic Research Institute is also urgently adjusting its expectations, this time not looking on the bright side.
If we prepare for the worst, the result will be a boom in the health and wellness sector. The same applies to the pharmaceutical sector; frankly, if this outbreak spreads beyond Wuhan, everyone will be buying related medications.
What medicine can cure this disease, or what medicine can prevent this disease?
Just like the price of Banlangen (Isatis root) during the SARS outbreak in 03, the price of Banlangen will jump from one yuan to tens or hundreds of yuan per box, and people will have to queue up to buy it.
This is undoubtedly a money-grabbing business.
Many people are watching him as the boss, hoping that he can leverage his network of contacts to find out more about things in advance.
There's no need to stockpile inventory; you just need to buy the company's stock in advance or directly acquire a company in the relevant field.
They will all make a fortune.
Chen Pingsheng put down the documents and reports in his hand. Some money can be earned, but some money cannot.
Take this as an example. Everyone knows this will be extremely profitable, and those with skills and connections will use their unique abilities to succeed in this process.
What he needed to do was not to inquire.
He simply invested his money in the health and wellness sector; he didn't bother to gather any information beforehand or invest in any pharmaceutical-related fields.
The most helpless thing in life is to earn money with your body when you are young.
As people get older, they spend money to buy health benefits at the hospital.
What's worse than that is that his family doesn't have much money, so he could have taken this opportunity to make a fortune.
But after making this kind of money, can you really sleep well?
The answer is no.
The reason he invests heavily in traditional Chinese medicine therapy is because it keeps people away from hospitals.
It can save people from the high costs of various hospital examinations.
Chen Pingsheng instructed the entire group not to attempt to probe further into pharmaceutical-related information; this was something that couldn't be inquired about.
He held a three-day meeting at the group, mainly adjusting the direction so that the Dream Fund would focus on investing in startups in the big health sector.
Chu Qiuyan and Lin Qiunan quickly focused their attention on this section.
She even took people to Shuiyunjian to learn countless times, even though Song Yanxi didn't know what to do next.
They allocated another 5 billion to create an independent top-tier team from Shuiyunjian.
We've started a new brand focused on traditional Chinese medicine and wellness, and we'll call it Tongxinjia.
This brand is essentially competing in the same arena as Changfu's TCM physiotherapy business.
Originally, Song Yanxi did not plan to personally handle the situation, but once this wave of the disease spread beyond Wuhan.
That would attract countless top-tier investors to this sector; nobody's stupid.
Anyone capable of building a top-tier capital firm can predict this basic future trend.
Nobody can work at the hospital anymore.
This largest branch of the big health industry will inevitably attract the majority of capital in the near future.
Chang Fu is also a very wealthy man, with a personal net worth of up to 10 billion.
However, his strength is still far from sufficient to break through the encirclement of so many large capital firms.
And most importantly, this industry will be a trillion-dollar market in the future.
This is not something that one or two companies can handle; Song Yanxi has been the leader in the top-tier health and wellness field for many years.
They have money and manpower.
Only by personally taking charge can she ensure victory in this battle for the big health industry driven by capital.
This is also the main reason why she is willing to spend 5 billion yuan, so as to gain an absolute advantage in the capital field first.
(Bad news: My new book flopped, sorry everyone.)
(Good news: I will focus on writing older books from now on, and I will make up for all the leave I took this month.)
I am deeply grateful for everyone's support.
(End of this chapter)
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