The Birth of Shanghai's First Conglomerate

Despite Chen Pingsheng's exaggerated claims, he actually knew that with 20 billion yuan in hand, all stores except Wushi were still operating normally.

There won't be many crises, even if he fully guarantees employee benefits.

Large corporations have their advantages; they have an infinitely strong ability to withstand pressure.

Let alone 20 billion that they can't spend, they probably can't even spend half of it.

After all, other places are still open and generating profits.

When the time comes to urgently need this money, it won't be now, but rather when most places in the country are in the same situation as Wushi.

That's when we'll really need that money to support us.

In fact, what Chen Pingsheng was really worried about was not the disease itself, but the series of consequences it would bring.

It can only be said that moving one thing affects the whole situation.

This also brought about a series of consequences.
These factors will inevitably lead to a decrease in consumption, which will indirectly cause countless businesses to struggle to survive.

The consequences of a series of problems are difficult to predict.

Of course, Chen Pingsheng wasn't the kind of person who worried unnecessarily; he was just using these things to predict what would happen next!

Fortunately, apart from Shuiyunjian, he doesn't have any high-end consumption businesses, so the biggest impact can only be like Wushi, where all stores in the city are closed.

How many cities in China are there? As long as they don't close all of them or only close half of them, as long as the number of closed stores is less than a quarter.

The gross profit from stores in other cities is enough to cover employee benefits.

It's simply that there's no money to be made.

He took out 20 billion, but his biggest expenditure wasn't on employees; it was on extracting the remaining shares from other shareholders.

Other shareholders, unable to control the situation, will most likely sell their shares.

Sitting in his headquarters office, Chen Pingsheng continued to monitor the situation in Wu City and analyze what would happen next.

His wife has already invested 5 billion yuan in the health industry, while Chu Qiuyan and Lin Qiunan of the Yuanmeng Fund are investing 10 billion yuan, fully adjusting their focus to invest in the health industry.

This is true in any era; every crisis presents an opportunity.

Although he spent 20 billion on the group's headquarters, he also invested 15 billion in the big health industry.

The health industry is a huge opportunity. If the Yuanmeng Fund and his wife's Tongxin Family can get things going, these tens of billions are nothing at all.

At that time, large enterprises and many capital firms were struggling to survive, and there were very few that could come up with tens of billions of yuan in cash like he did.

Hong Kong capital, including overseas capital, is not a major problem.

These domestic real estate developers are all going to be in a tough spot.

How could I possibly compete with him for this piece?

Perhaps within three years, a number of major health companies will emerge under his control.

Considering both the positive and negative figures, he won't lose money.

But since everyone was in a bad situation, he had to pretend to be in danger.

Otherwise, they would all come to him to borrow money.

……

Many people wanted to borrow money from Chen Pingsheng, including Song Shuiqing's husband's family, the Tang family of Shanghai, who had been paying close attention to these matters.

They had started asking Chen Pingsheng for money six months ago, and six months later they were still thinking of asking him for money.

There's nothing we can do. Although housing prices haven't fallen yet, it's true that they're hard to sell.

This is actually quite normal, after all, in the secondary market, those top property speculators are now selling off their properties.

With so many properties entering the market, coupled with a decrease in the number of first-time homebuyers, the situation is dire.

Naturally, they are difficult to sell.

In recent years, the real estate development industry has consistently favored a development model characterized by high debt and high operating costs.

If housing prices fail to stabilize, very few people will likely still consider housing as an investment.

Song Shuiqing was caught in the middle and it wasn't easy for her. She had actually approached Song Yanxi privately once.

Song Yanxi's original words were to quickly find a way to sell the house and recover cash flow no matter what method she used.

As for lending money to real estate companies, forget it. We simply can't afford to lend to even a slightly larger real estate company.

The loan amounts are all very high.

Of course, the houses and land resources it owns will not be much less than this loan amount.

The problem is that once you can no longer cash out these things, their value starts to drop.

Other things won't fall off.

If the payback period is extended even slightly, the Tang family will be extremely anxious.

They were genuinely in a hurry, while Chen Pingsheng pretended to be broke.

Everyone knows he's rich; after all, he's the only one without any debt.

Unless the sky falls or the earth collapses, he personally is in absolutely no danger.

Chen Pingsheng was using this as a disguise, which made things difficult for everyone.

Friends can be made normally, and relatives can be treated normally, but borrowing money is out of the question.

Because of this incident, the Tang family developed many opinions about Song Shuiqing.

This is completely different from what was initially predicted.

They were hoping Chen Pingsheng would lend them a hand at a crucial moment, but no matter what they said...

Chen Pingsheng remained unmoved.

Of course, he could only remain indifferent. His secretary, Tang Jing, had his private message account, and all the contacts on it were asking for money.

Those who don't lend money are the ones trying to find ways to borrow it, and many of these people are well-known business figures.

Who can he borrow from?

This is just the beginning. If he can't even get through this, then it will be meaningless for him to spend money.

Chen Pingsheng would never take money out of his pocket.

However, there was one thing he felt quite regretful about: Pinduoduo was sold too early.

If consumption upgrades, then e-commerce platforms like Taobao and JD.com, which have always been committed to developing towards the high-end market, will become increasingly valuable.

Once prices drop, Pinduoduo will dominate the market.

There's no need to elaborate on how cheap things are there.

Undoubtedly, future consumption trends will lead most people down to lower income levels.

And Pinduoduo's stock price will continue to soar; he really sold too early.

It's fine if Meituan is liquidated, but this brand can only be described as indescribable.

Delivery drivers are currently under immense pressure, not only in terms of income but also in terms of benefits.

Its reputation is unlikely to improve further, which makes it unlikely that its stock price will see a significant increase.

When he invests in stocks now, he still prioritizes value, believing that only stocks with long-term value and a good market reputation are truly valuable.

He would hold onto it for the long term; otherwise, he would cash out within a few years.

This can be considered financial management for him.

With his current amount of capital, making money in the stock market would be quite easy.

Small-cap stocks are generally easy to rise, but difficult to sell.

If even a little too much is dumped, it can easily lead to a market crash.

This is why he rarely buys small amounts of stock.

Generally, it targets large-cap companies, but of course, you can also hold onto companies that are about to plummet.

After all, the trend of new energy is here.

It's hard to say that it won't experience a surge later on, and the overall trend in this industry will be upward.

(End of this chapter)