The Birth of Shanghai's First Conglomerate

The news that Tengying Group was launching more than 200 high-end talent apartments again caused quite a stir in Jinshan.

It's worth noting that the villas in that area had already attracted considerable attention when construction began.

Now that it's officially on sale, it would be a lie to say I'm not envious.

This is the benefit of joining a reputable large company. Not to mention general education, they arrange everything for you, including housing, medical care, and even hotels for your parents to visit.

The entire Tengying Group is no longer a private enterprise; it has become a self-contained little society.

It has everything you need, and everything you could possibly need.

If you get in, you'll be extremely popular, whether you're getting married or going on blind dates.

It's no exaggeration to say that if you go on a blind date in the countryside and say you're from Tengying Group, the matchmaker and your blind date will both look at you with new respect.

It's not others choosing you, it's you choosing others.

That's the greatest value of a good company.

Along with the sale of high-end talent housing, Tengying Group also officially launched its autumn campus recruitment in November.

The number of new recruits planned for this recruitment is as high as five thousand.

This is mainly due to the rapid expansion in the big health industry. In addition, the listed companies of various Tencent Holdings Group have also launched their own investment funds.

Previously, Tengying Group had always been conservative in its recruitment practices, but this time, its recruitment list clearly showed its true colors.

They were not affected by the illness, and everyone who joined Tencent Group can still enjoy the best new employee benefits.

This is the core strength of the group.

The news immediately excited universities in Shanghai.

Tang Jing was also very busy during this process, and she was even sent by Chen Pingsheng to the university as a special recruitment leader.

The key is to keep a close eye on the entire recruitment process and prevent any mistakes.

Time flies, and before we knew it, it was November 10th.

His younger sister, Chen Qi, came to the group's headquarters to find him, saying she had a big business deal to discuss with him.

They were so mysterious about it; I only found out when I asked.

Her so-called big business was fully funded by him, with his younger sister in charge of its operation, and the profits split 50/50.

Chen Pingsheng was almost laughing in anger. "Hey little sister, can you be any more shameless? I put in all my money, and you want to split it 50/50? Where in the world is there such a great deal?"

"Brother, you have to trust your own sister. This is a business that guarantees profits. You only need to invest three to five hundred million, and I guarantee you'll break even in seventeen or eighteen years."

Chen Qi said confidently.

Chen Pingsheng ignored her and instead asked her a more crucial question, "Little sister, you don't have many expenses. I see that the cars you drive were either gifts from your sister-in-law or from me. You haven't bought a single car in all these years. Is it meaningful to earn so much money?"

"Of course it's meaningful."

The younger sister, Chen Qi, said, "Who told me that I only have one son? He will have to get married in the future, so I have to plan for him. Besides, brother, your family has cars piled up like a mountain, not to mention houses. As for luxury goods, my sister-in-law can just throw out a couple of unwanted sets, and I don't need to buy any more. Where would I spend money?"

His younger sister is now truly focused on making plans for her son.

"Do you really want to expand your cheongsam business?"

"of course."

Chen Qi said, "Brother, I've never been so serious about doing something well before. Besides, I've already opened two cheongsam shops, and business is booming. Don't worry, I definitely won't lose money."

"It's not that I'm worried about you losing money, I'm just afraid that you'll be like before, working hard for three days and then only half the time."

Chen Pingsheng shook his head and said, "Money is a small matter. The key is that you can find something you like to do and feel a sense of satisfaction and accomplishment. I'll call your sister-in-law later and you can go to her place to get the 300 million."

"Brother, you're so great."

"Go on, I don't need your so-called dividends. I just hope you really want to do something well."

Chen Pingsheng was quite pleased that his own sister, the most idle person in the family, had actually proposed starting the largest cheongsam brand in the country.

It's a good idea to have this idea, and he should definitely support it.

His younger sister has been quite stable over the years; at least she has never lost any money.

This is extremely rare for a family like theirs.

She wouldn't have proposed doing this if she didn't have a certain level of confidence.

Three hundred million is nothing, just a drop in the ocean.

This time, my younger sister plans to establish her own Chinese-style cheongsam brand, positioned at the high end.

From design to production, it's a completely new challenge.

After his younger sister left, Chen Pingsheng called Song Yanxi, asking her not only for money but also for some resources.

His younger sister is a bit simple-minded; if we don't help her a bit, we really can't expect her to run this business well on her own.

To put it bluntly, the cheongsam business is still a business for wealthy women.

His wife is the real expert in this kind of business involving wealthy women.

It's just that the business in this field is too small, and Song Yanxi doesn't even look at it.

Naturally, they wouldn't do it.

How much potential can a business with an investment of only three to five hundred million have?

And most importantly, the majority of people in China who wear cheongsams are in Shanghai.

There are really few in other places.

After listening to his explanation, Song Yanxi didn't think Chen Qi would actually take this matter seriously.

However, she still had to support her. Firstly, although Chen Qi had been living off her brother's family for many years, it was a fact that she hadn't done anything reckless.

Chen Qi was able to make money by investing in her multiple times.

For a family like theirs, this is already quite good.

It's not that I'm afraid the second generation will like to have fun, it's that I'm afraid they'll like to start businesses recklessly.

Chen Qi is certainly not a second-generation rich kid, but with Chen Pingsheng by her side, she already has more right to act recklessly than any other second-generation rich kid.

Let alone if she only wants three or five hundred million, even if she wants one or two billion, Song Yanxi will give it to her without hesitation.

She's her husband's only younger sister, after all.

When Chen Qi came to see her, she had some ideas, at least she knew many people who were doing well in this industry.

The reason for bringing this up now is simply to take it a step further.

After listening to her explanation, Song Yanxi roughly understood the plan and realized there were no major problems.

However, it is still far from comprehensive, and it lacks the kind of person who can truly make the decision.

Unlike other businesses, the core of the cheongsam business lies in design and custom production.

This isn't the kind of business ordinary people do; it's a business for rich women.

If she wanted to do design work herself, she would need some of the top cheongsam design masters in China; otherwise, her business wouldn't be able to succeed.

Chen Qi is hard to find, but she is easy to find.

And it's also easy to get invited; that's the benefit of a good reputation.

As long as I tell others that my older brother is Chen Pingsheng, they will give me priority even if they don't come directly to me.

(End of this chapter)