The Birth of Shanghai's First Conglomerate

The most high-profile capital game in China.

That was undoubtedly the Vanke-Baoneng battle of the past. Vanke's shares were dispersed, and Yao Zhenhua, holding tens of billions of yuan in cash from insurance companies, used leverage to directly acquire the status of Vanke's major shareholder.

If Pengcheng State-owned Assets hadn't intervened at the crucial last moment, he would definitely have succeeded.

Of course, what truly prevented Yao Ming from ever entering the capital market again was the Baoge battle.

Ms. Dong stepped forward and directly declared that she did not welcome barbaric capital.

This led to the State-owned Assets Supervision and Administration Commissions of both places taking action simultaneously, resulting in Yao being banned from re-entering the capital market.

Later, he went into the new energy sector. A person who plays the capital game tried to run a real business, and naturally, the result was not good.

You can see it from the news; he was even beaten by his own employees at the door.

This is a great disgrace to a once-great tycoon.

To be honest, Chen Pingsheng is the most qualified to play this game right now, after all, he has too much money.

If any high-quality company has dispersed shareholding, he can easily acquire controlling interest.

Even local state-owned assets would find it difficult to compete with him.

He hasn't gone to acquire other companies yet, but he's acquired his own company first.

After Tencent Media acquired Tencent Entertainment, its stock price soared to 4200 billion yuan in just half a month.

Later, they bought all of the Boiling Sheep movies, and the stock price rose by another 30 billion.

It reached a record high of 4500 billion.

The entertainment industry today needs to create new, large-scale profit-generating sectors; relying solely on making movies and TV series to survive will only lead to its decline.

The biggest benefit of merging with Tencent Media is that it has a lot of business.

It can make perfect use of high-end celebrity resources.

The outside world is quite concerned about whether he will engage in aggressive expansion after merging and reorganizing his internal companies.

Tang Jing handed him the tablet and said, "Big boss, look, all the financial news lately is about our group's merger and reorganization. There are also countless netizens asking when we can merge their companies as well and kick out their damn bloodsucking bosses."

"Let's stop reading this kind of news. Also, let our public relations department keep an eye on it so that people don't think we're controlling this kind of public opinion."

"Boss, this is unnecessary. I feel that these people are just speaking from the heart. Indeed, many people hope that our Tengying Group can acquire those bloodsucking factories."

"The more this is the case, the less we should allow this kind of public opinion to spread widely."

Chen Pingsheng said, "Recently, there have been discussions overseas about imposing export restrictions. Products from companies that rely on cheap labor will not be allowed to be exported."

"This may seem like a good thing to some people, but in essence it is still anti-dumping, protecting their own domestic enterprises. Of course, on the other hand, it also has some benefits, because it can force domestic factories to conduct independent research and development and improve the core advantages of their products."

"Boss, he's not really coming out, is he?"

"It definitely will, it's just a matter of time."

Chen Pingsheng said, "This is undoubtedly a huge blow to companies that rely on foreign trade exports. At this critical moment, we can't go and promote the high salaries and benefits of companies. It's too sensitive."

Okay... I don't quite understand.

Tang Jing will still diligently complete every task assigned by the big boss. As always, she will not try to promote herself as unique.

That would only attract a lot of jealousy and would be completely pointless.

Tesla's Shanghai factory had similar issues before, and was eventually forced to increase bonuses instead of wages.

The situation in China is still somewhat unique. After all, the reform and opening up has only been going on for so many years, and we can't expect to quickly surpass those developed countries that have been developing for hundreds of years in terms of technology.

That's not very realistic; we can only take it one step at a time.

The factors involved are quite complex and cannot be explained in just a few words.

Chen Pingsheng has no intention of acquiring other companies. He already has enough companies of his own, unless he comes across a very high-quality company like Wanda.

Only then will he consider taking action.

Time flies, and it's already January.

The New Year's Day holiday wasn't particularly lively this year, since the restrictions had only been in place for a short time.

Many people have contracted the virus and are naturally staying home to recover.

Nothing happened to their family, but Erpiya had to wear five small masks every day.

Now it's everywhere, it seems impossible to avoid. She even wishes she could take out hundreds of millions to buy a small mountain and then dig a big hole inside it.

Build a super comfortable cultivation cave, and then have outsiders deliver your food through a single channel every day.

She will stay inside until her condition has completely subsided before coming out.

Unsurprisingly, her outlandish idea was rejected by her mother, Yanxi.

Although the idea of ​​building a cave dwelling inside the mountain was not approved, Yanxi still built her a small villa on the mountaintop behind the mountain.

Let's see how long she can stay there by herself after she finishes building it.

None of the five members of their family were infected, but the youngest sister was the first to catch it.

He recovered completely after resting at home for three days; they have their own top-notch medical team in this villa.

Don't be too surprised, it's just standard for wealthy families.

Regular health checkups are necessary, along with a balanced diet to ensure adequate nutrition.

Others also contracted it at different times, and all of them recovered quickly.

Later, Erpiya discovered something strange: everyone was saying that this thing could even be contagious through the air.

She herself just doesn't have that.

Now she's getting bolder, constantly hanging around in front of her aunt, and even running to her older aunt and happily doing a bottom dance.

As a result, she felt unwell that evening and even had a high fever.

Erpiya thought she had also been infected, but after checking, she found out that it wasn't like that at all.

It was actually caused by eating an expired fruit that caused the diarrhea.

Although vomiting would make her feel better, it still made Yanxi very angry because there was expired fruit in their house.

Upon investigation, it was discovered that this was because one of the housekeepers had become obsessed with reading novels about domineering CEOs falling in love with cleaning ladies while at work.

This resulted in the fruit not being cleaned up in time, and you should know that their fruit is not allowed to go into the refrigerator.

Once it's not refrigerated, its shelf life is very short, and it needs to be cleaned regularly every day.

Erpiya only vomited a little, but the nanny was fired on the spot, and the supervisor in charge of the matter also had his bonus for a year canceled.

That's quite strict.

After realizing that she hadn't been infected, Erpiya didn't dare to wander around in front of her aunt anymore.

He quietly stayed in his golden nest and didn't contact anyone.

This is life after opening up; it will undoubtedly take some time before it truly becomes a thing of the past.

……

It's New Year's Day again.

Looking at the calendar again, it's already 2023.

Chen Pingsheng hosted a family banquet at his Jinshan villa. Aside from Erpiya, who dared not come out, everyone else was fine. This was something that couldn't be avoided; at least 90% of people would have to experience it at least once, so what was the point of trying to avoid it?

Life at home is still lively; it's been a year or two since he last went back.

Grandpa said his health wasn't very good, and he didn't want to go out again before returning this year. As people get older, they believe in returning to their roots.

His father also said that he really needed to go back. The epidemic in the village has passed now, and it is estimated that there will be a good celebration this year.

His mother, Peng Ying, also wanted to go back. She had gotten used to the bustling life in Shanghai, and it felt like something was missing if she didn't return home after becoming wealthy.

With so many family members wanting to go back, arrangements naturally need to be made.

This year's Lunar New Year is relatively early, falling on January 22nd.

New Year's Day is over, and soon it will be time for the holidays.

Even when he didn't return to the village, he would still give money to the elderly every year. Now that he's become so rich, he's bound to build a villa village.

Chen Pingsheng shared his idea, and his father was the first to agree, since the entire village only had a little over a thousand households.

Even if each household contributes one million, it would only amount to a little over one billion.

If a million-dollar house were built according to a unified standard, and a large construction group were put out to public tender, both the construction and decoration could be done very well.

Villa villages have existed in some developed areas, but they haven't been seen there yet.

Chen Pingsheng told his grandfather and parents to go back and arrange the matter first, as the village's homesteads now have standards and cannot be built arbitrarily.

Of course, this applies to ordinary people. If they wanted to do this, they would first talk to the city government, and then the city government would relay the message to the county government, which would then make the arrangements.

After all, it's a major project worth over a billion yuan, and it can be considered a key image project for the city, so many leaders are happy to see it happen.

They will even cooperate extensively in publicity.

This is a great project that can bring economic benefits to the local area, so how can we not promote it properly?

However, the village plans to build houses collectively, which will involve the replanning of the land. The previous chaotic pattern of building houses on the east and buildings on the west will all have to be demolished and replanned.

Without his money, no rural area could demolish farmers' houses.

Now things are completely different with his investment; the old house was demolished and replaced with a small villa worth millions.

Who wouldn't want that!

The village and the county are both making comprehensive plans for a new Wangcai Village. It's impossible to get this done in less than a year or two.

It requires a huge amount of manpower and resources to work together, and Chen Pingsheng also invested 1.5 billion yuan in this project.

Apart from Chenjiazhuang, which he had already built and did not need to rebuild, more than 90% of the other houses needed to be demolished and rebuilt.

With this 1.5 billion yuan, Wangcai Village can be completely transformed.

His parents and grandfathers still prefer to live in their old rural home.

Over there, you run into acquaintances every two steps you step outside, unlike in Shanghai, where you encounter strangers the moment you step out the door.

After New Year's Day, Shanghai will gradually start to get lively again.

Because of the large number of foreign tourists, there have been quite a few cases of street rioting at night in Shanghai.

What do you mean?

Some internet celebrities are so bored that they use rented luxury cars to shock tourists from abroad.

In the short video field, there's even a topic of nationwide support for Shanghai.

Chen Pingsheng only found out about this topic being linked to patriotism by overhearing employees chatting at the company.

This is absolutely a huge joke!

The elegance of Shanghai is ingrained in its very being, much like the bustling metropolis of the Republic of China era, with its nightlife and the Paramount Ballroom, which led the fashion scene across mainland China at that time.

Once you visit the Bund, you'll deeply feel the splendor of this city, and once you reach Nanjing Street, you'll understand why the air smells so sweet.

Because at least half of the people shopping here will be wearing expensive perfume.

Where did perfumes first become popular? It was precisely because of places that promote elegance and trends.

Chen Pingsheng himself dislikes spraying these things, always feeling they're a bit strange, but it's undeniable that many white-collar workers, including those at higher levels, like to wear perfume when they go out.

Some of them taste pretty good, while others smell terrible.

For wealthy people in Shanghai, internet celebrities are a group of people who are neither classy nor mainstream.

Do they need to be there to make things happen in the city?
They even linked street rioting to the label of patriotism, which, frankly, is offensive to many wealthy people in Shanghai.

Of course, most people just laughed it off.

For example, Chen Pingsheng knew very well that those who were actually clamoring online to bring luxury cars from other places to Shanghai to make a splash were basically people who had never been to Shanghai.

You won't understand what true Shanghai is like until you visit this city.

Surprisingly, a large number of slogans inviting Erpiya to join the campaign have appeared under her short video account.

After Erpiya saw it, she snorted twice and then ignored it.

She never flaunts her wealth; it's just her way of life.

The wealth of Shanghai cannot be truly represented in short videos, let alone by driving around in a so-called luxury car.

Luxury cars are easy to find here, but steel and concrete are the hardest to build.

A single unit can easily cost tens of millions, and that's just for the most basic small apartment.

If it's even slightly larger, with two toilets, don't even think about it without 20 million.

If you want to live in a more spacious place, 30 to 50 million is just the starting price.

The news that pops up online is basically just internet celebrities driving traffic.

Little did they know, it would only be met with disdain by those who had always lived there.

They have even greater contempt for those who are seemingly knowledgeable but actually deceitful.

Because Shanghai is already the richest city in China, anyone who wants to flaunt their wealth in front of it is a complete idiot.

Chen Pingsheng discovered something long ago: no matter what it is, as long as it is associated with patriotism, it will generate a lot of traffic.

Many online celebrities and even some movies are capitalizing on this kind of traffic. It's truly an era where outsiders can only see the surface, while insiders seize the opportunity.

Chen Pingsheng asked Tang Jing to make arrangements so he could go to Hong Kong before the new year.

The purpose is to hold the global shareholders' meeting of Tencent Pictures Group, and at the same time, to discuss the global investment plan for 2023.

In addition to investing 20 billion in Singapore, he will definitely increase his overseas investments next year.

It is mainly concentrated in the technology field.

In addition, his Tengfei New Energy Vehicles will also apply for listing in 2023.

The planned market capitalization is 4000 billion, and the equity diluted upon listing will be approximately 40%.

Such a large-scale cash-out would be difficult to achieve without the strong support of several super-capital firms.

Chen Pingsheng had waited eight long years for this day.

(End of this chapter)