The Birth of Shanghai's First Conglomerate

Erpiya still had her own ideas. She learned from her father that if neither of them spent money, then at least most of the bosses would be doomed.

The social economy also failed to improve.

In that case, her three major companies must take the lead and charge forward in this time of crisis.

She's just using this as a perfect excuse to justify her reckless spending.

Over the next three years, I will strive to make significant contributions to society.

Er Yatou made people from the three major companies spend money, and they had to submit a summary report on what they spent each day.

Don't try to fool her on this. After all, she grew up with her father and knows a thing or two about running a company.

With that in mind, you can forget about secretly pocketing her money.

Er Ya Tou also set a catchy slogan for her plan: "A Big Spending Battle."

Ten thousand a day is nothing to her; it's incredibly easy.

Even a small hair clip can cost tens of thousands of yuan.

She didn't know much about things below that consumption level, so she simply let her subordinates spend the money.

Zhang Qi was quite shrewd; he used the money to spend as much as possible on companies within the Tencent Film Group.

For example, treat everyone to Deer Antler Coffee, Bobo Milk Tea, and have dinner at Boiling Sheep.

When her spending report comes in, she'll receive a couple of verbal compliments from Princess Er Ya, which will make her incredibly happy.

Erpiya not only makes her employees spend money, but she also tries to live a low-cost lifestyle herself.

The reason for low consumption is mainly because those luxury goods are generally from abroad.

There are very few luxury brands in China. Only by spending money on domestic brands can we promote the domestic consumption cycle.

Besides, what she's spending now is just small change. When she holds her fan meeting during the May Day holiday, that's when the real money will be spent.

Er Yatou took Zhang Qi shopping together. Nanjing Street was still bustling with activity, with a lot of people coming and going.

After wandering around for a while, she unexpectedly saw her own sister. Chen An'an was still the same as before; she had come to Nanjing Street for a promotional event.

Er Yatou touched her chin, feeling she had to go and help out. She strode over with her exaggeratedly short legs and sat down in front of her sister.

"Sis, why do you like street performances so much?"

"Or else, I'll just be like you, thinking about how to spend money all day long?"

"Sister, that's going too far. I'm just contributing to society."

"That's true, spending money nowadays is indeed a contribution."

Chen An'an didn't refute, but turned to ask her, "What are you doing here? You didn't just come to say a few words, did you?"

"No way."

Although Erpiya likes to bicker with her older sister, she is still very attached to her older sister.

"I brought my company people out to spend money, it's low-cost spending, not like buying luxury goods in the past."

"What luxury goods haven't you bought yet?"

Chen An'an stopped playing the erhu under the big tree and got up, patted her little bottom, and prepared to take her second younger sister to play.

"You've probably spent most of the allowance your dad gave you this year, haven't you?"

"No, I only spent eighty or ninety million."

"That's not bad. Be frugal. You can't spend all your money at the beginning of a year."

The second girl didn't seem to care, but instead asked her sister, "Sis, didn't you get 500 million this year? How did you spend it?"

“I mainly used my money in the Anle Foundation. My father said that building bridges and roads can help me do good deeds and accumulate blessings, so most of it was spent on that.”

Is that even possible? Erpiya underestimated her sister.

Not only are they good at spending money, but they've also quietly accumulated a great deal of good fortune for themselves.

Compared to this, her spending spree is nothing.

Chen An'an did indeed use most of the money to build bridges and roads in the mountainous areas, and the remaining portion was mainly used to build schools for children in the mountainous areas.

No wonder I don't see her sister spending money in Shanghai; it turns out her sister's money all goes to those impoverished mountain areas.

Erpiya has been to that kind of place, the kind where you go once and never want to go a second time.

As for going to the mountains to do charity work, I think I'll pass.

The two sisters rarely get a break, so Chen An'an invited her to eat at a nearby restaurant called "Boiling Sheep".

Business there used to be booming, but now there are fewer people. It's definitely due to the pandemic.

These days, all physical restaurants are in the same boat; business is tough, while the food delivery sector is booming.

As a result, Meituan's market value has been rising steadily.

Her father sold all his shares in Meituan, along with Pinduoduo, last year.

It seems like we sold too early; the price could rise significantly again this year.

Chen An'an ordered nine dishes; she came out with Xiao Wenwen and Hu Tao.

Er Yatou went with Zhang Qi and the others.

Everyone who comes into the store wears a mask, and they only take it off when they eat.

"Sis, what are you going to do this afternoon?"

"Nothing much, I'm going back to Jinshan later."

"Okay." Er Yatou still wanted to go play with her, but now it seems there's no hope.

"Er Ya, have you ever cared about the people around you?"

"Of course not!"

Er Ya Tou spoke without blushing, saying that everyone else was her employee and she should just pay Zhang Qi and the others their salaries. Why should she care about their family relationships?

Chen An'an knew this would be the case, but she still gave a reminder.

"Your father said that it's definitely not enough to win people's hearts with money alone. Since you've become the president of these three companies, you need to learn how to do this job well. Otherwise, why would your father give you hundreds of millions every year?"

"This isn't for you to mess around with."

For ordinary people, there are only one or two opportunities in their lifetime. If they seize them, they may be able to cross one or two small social classes.

The two sisters are clearly different, even if they try and fail ten or twenty times.

They can still inherit the family's large company when they grow up.

Er Yatou's flaws are obvious, but her strengths are just as obvious.

She doesn't care what her employees are thinking all day long; she just wants everyone to do things her way.

When Zhang Qi and the others were eating, he didn't dare to speak at all, and even if he did speak, he had to look at Er Yatou's expression first.

She's only six years old, yet she perfectly embodies the attitude of someone in a superior position.

This is completely detrimental to her ability to inherit her family's large business when she grows up.

To put it bluntly, her father set up these three companies for her so that she could keep trying and making mistakes.

It's obvious that Er Ya hasn't changed her arrogant and condescending attitude at all.

She's not actually high and mighty; she's just living too well.

If you are completely out of her league, you will naturally feel that she is superior to you.

Her sister said that because she could tell from Zhang Qi and the others' attitude.

Even after Xiao Wenwen and Hu Tao learned her identity, the three of them were still able to chat and laugh together.

They get along very well as friends, but Er Yatou, working at one of the three major companies, completely acts like she's the only one there.

If this were in ancient times, it would be equivalent to a one-man show.

The consequences of a one-man rule can be understood by looking at the later years of ancient emperors.

Whether it's a company or a group, a one-man rule is a disaster.

Didn't you see why her father spends billions of dollars a year to establish the Global Economics Research Institute?

That means they work as strategic advisors for the company.

Every major decision requires the participation of a portion of that group.

In addition, there was a discussion group consisting of the father himself and company executives.

There should be at least a three-way discussion before a decision is made.

The way Er Ya Tou is doing things clearly means that everyone has to listen to her and that's how things are going to continue.

When she grows up, she can only inherit Tengchao Commercial Management, and she can only make money by collecting rent from her own store.

This really doesn't require any brains; you can do whatever you want.

(End of this chapter)