The Birth of Shanghai's First Conglomerate

An An is still brewing a storm.

Meanwhile, Chen Pingsheng was having a smooth and successful time in Shanghai.

As expected, the sales of the Tengfei AI phone were quite good after its release.

While it may not be able to catch up with the two major tech giants, OPPO and Vivo, it is still possible to achieve parity; it's just a matter of time.

Aside from the difficulties An'an is currently facing, the rest of the family's life is quite different.

The mistress, Chen Lu, is still the same as before; besides playing video games, she doesn't seem to be interested in anything else.

Given his circumstances, he's the perfect candidate to inherit a game company when he grows up.

As for Erpiya, she's still in junior high school and is only 12 years old. She's the type who can't stand not causing trouble every day.

As for her very large company, it has already fully entered the luxury goods industry.

What kind of milk tea do they sell for ten yuan a cup?

Wouldn't a bag costing hundreds of thousands be more appealing?

The luxury goods industry is not easy to run. Whether it's Louis Vuitton, Dior, or Chanel, each of them has taken decades to develop.

Luxury brands are the first to be affected.

The goal is to build a brand that most people will agree with, and even wealthy people will feel proud to carry.

Chen Pingsheng asked himself, and he knew he couldn't do it either.

Whether Erpiya could do it or not, he couldn't deny it, nor could he agree with it.

Anyway, just give her a few billion and let her do whatever she wants. What if she succeeds?

The reason why Er Yatou wants to work in the luxury goods industry is mainly because she herself only consumes luxury goods. She has never used ordinary people's products and doesn't understand them at all.

These luxury goods are different; she knows them all inside and out, so she's working in her familiar territory.

The eldest sister and her younger sister Chen Qi came to the house together, not for any other reason than to invite Peng Ying to live in Shanghai.

After returning to her hometown, Peng Ying has not lived in Shanghai for several years.

Many of my relatives have returned to their hometowns, and those who have stayed here are mostly the younger generation.

They are from the same generation as them.

"Brother...would you like to come back with us?"

"I'll just forget about it. I'm too lazy to go back, and I won't be going back very often in the future."

His return now would cause too much of a stir; it can't be kept quiet even if he wanted to.

There are tons of people who want to discuss collaborations and projects with him.

The villagers would also flock to their house to join in the fun, so why bother going back?

It's just that his parents now prefer living in the countryside; as people get older, they tend to miss the place where they were born.

He is clearly not old yet.

"I was thinking of going back with you for New Year's Day this year, but since you're not going back, I don't want to go back either."

The younger sister, Chen Qi, also decided not to leave. She told her older sister to go back alone, as New Year's Day was just around the corner.

The year after New Year's Day is 2026.

The years fly by, and life is so short; it seems like it's all over in the blink of an eye.

After her two daughters got married, she was almost ready to have two grandchildren.

Chen Pingsheng thought to himself, "Perhaps it won't be long before I'm holding my grandson!"

An'an is currently a freshman in college. Once she finishes dealing with the snack-running incident, she will probably be a junior.

Chen Pingsheng gave her two years to resolve the issue of such a large corporation on her own. If she couldn't resolve it within two years, then he would have to step in himself.

……

Guangzhou, Baiyun University.

An'an's status as a top-tier second-generation rich kid in Shanghai still caused a huge uproar at the university.

After many people learned that she was the eldest daughter of Teng Ying, a prominent figure in Shanghai's Tengfei Group, some of them started having wicked thoughts.

A student with great poetic talent actually recited the poems from "Tang Bohu Points at Qiu Xiang" in front of her.

An'an walked past the person without even looking up. She actually understood these people's thoughts quite well, and not breaking them was the last bit of dignity she could give them.

If it were Er Yatou, she would probably have just scoffed and called him a toad lusting after a swan.

She didn't know whether others were toads.

But Er Ya Tou herself is definitely a swan, that's beyond doubt.

The snacks were a running joke that had been bothering her for a while. After thinking it over, An'an suddenly realized that her biggest advantage as her father's daughter was that she had a lot of money.

Regardless of any problems that arise with Snack Express, she can easily buy back most of its shares on the secondary market with the assets she owns, including cash flow.

If that's the case, why should she be afraid?

Why should we hesitate and look back?

Since those long-time employees of the group no longer uphold their original aspirations, why should she continue to be merciful?

It has to be said that there is an inherent conflict between a second-generation successor like her and the older generation of ministers.

After An'an figured these points out herself, she had an idea in mind.

She didn't even tell her father about this idea; she wanted to have a final showdown with the senior members of the corporation.

University should be an ivory tower, but family responsibilities, including inheritance obligations, prevented An'an from simply spending these four years there.

As her identity was revealed, first her mentor came to see her every day, and then a large group of students from the school tried every means to impress her.

Without any pretense, An An's extravagance was fully revealed.

When they leave the school, they are always accompanied by at least three Rolls-Royce Phantoms, seven or eight bodyguards, and high-level employees like Shen Youwei and Zhao Yingying, who serve as their personal secretaries.

The only ones still helping her out are probably the three girls in the dormitory.

At the end of December, there is only one day left until New Year's Day 2026.

Today is the day she has a complete showdown with those senior members of the group; she no longer wants to continue this internal strife.

For the father, Snack Run was just one of the less prominent groups within the family business.

Even if it's worth tens of billions and has stores all over the country, it's still the same.

For An'an, this was a university test, a test of her years of growth and whether she was capable of being the eldest daughter of the Tengying Group.

There were five elderly people in the "Midnight Run" group, all of whom had been with her father for 15 years.

The group has been operating for ten years.

Calling them the group's heroes is certainly true, and calling them the group's veterans is also perfectly reasonable.

But today, her conflict with these elderly people has reached a point where it can no longer be contained.

She didn't want to endure it any longer, nor did she want to wait any longer, Chen An'an, who was confident that she had made all the necessary preparations.

He still brought his secretariat and working group to meet with the five founders of the Snack Run Group at the Guangzhou headquarters.

Chen An'an looked at the elderly employees of the group with graying temples and the first thing she said was...

“My father asked me to take over the Snack Run Group, so here I am. I know most of you are not convinced by me, thinking I am young and inexperienced. But today I want to do one thing: fire all the relatives of senior executives. Who agrees? Who disagrees?”

"An'an, we can't rush this."

The first elderly person said, "You're still young, and we know your intentions are good, but many of these people have made significant contributions to the group..."

"I don't need to hear all your explanations. I just want to ask one question: who agrees and who disagrees?"

An An was particularly tough this time. She believed that she should be tough and that she was fully qualified to be tough.

“An’an, that’s not fair. Even when your father was in your position, he never made such a one-man show.”

"My father?"

An An sneered: "If my father were really sitting here, who among you would dare to say a word? Don't think I don't know what you mean. You all probably think that since you built the company, your rights should be fully guaranteed. You might even think that if the company were to leave you, it would be nothing. I think you've probably all forgotten something. For example, your Uncle Zhang, before you worked for my father, could you drive a Maybach and own a large villa in Guangzhou or Shanghai?"
"Shouldn't you be most grateful to my father for enabling you to achieve financial freedom today?"

Uncle Zhang was speechless after being rebuked; he was no longer the Zhang Zhiping who had just joined the group.

Instead, it was Zhang Zhiping, who had already achieved financial freedom.

He used to hate the cronyism within the group, and he was always the one who strongly supported the big boss's reforms.

But everything changed after he took the top seat.

What he used to hate, he is now doing.

It seems like everything is in a cycle.

There's no escaping it, and there's no way to finish it.

The only difference is that before, he accompanied the big boss to remove those people with connections from their positions.

Today, the big boss's daughter came over, trying to force him to fire the people she had arranged to get into the group through connections.

This is truly a complicated situation.

An An's tough stance doesn't mean that these people will do nothing.

What is the internet? The internet is a group of people within a group of interest groups.

These people are already trapped; there's no way they can get out easily now.

If An'an really investigates further, there's a good chance she could send these people to jail.

Transferring corporate profits to external parties is blatant economic crime.

Whether they like it or not, they must fight together.

Everyone remained silent for the time being, while An An drew up a working group from her Anle Group.

They conducted an on-site investigation at Snack Express and simultaneously forwarded the complaint call to Anle Group.

The investigation, evidence collection, and HR functions of the existing Snack Run HR department will be handled by her own Anle Group.

She is now directly drawing in a group of elites from outside, naturally in order to break through their network.

Undoubtedly, she herself was well aware that these elderly people would not allow her to investigate easily.

They might even resort to all sorts of obstructive measures.

Sure enough, it happened on the eve of New Year's Day in 2026.

Major domestic financial media outlets, including those in the short video field, have all published a bombshell news story.

The heiress of the Tengying Group has officially stepped out from behind the scenes and into the limelight.

He took over the Snack Run Group in October of this year.

A series of events that occurred after she took over the position were also revealed.

It's nothing new for the children of the rich to take over the family business.

However, given Chen An'an's background and age, she attracts too much attention from outsiders.

Keep in mind that she's only under twenty years old this year, and she's taking over such a large corporation at such an age.

The stock price plummeted immediately after the news broke.

This means that no capital, including shareholders, believes that she can lead such a retail group with over 50,000 employees and tens of thousands of offline stores at her age.

The market is ruthless. People will buy if they believe in you, but once they stop believing in you, they can only sell.

There will be no extra movements.

Not only is there disbelief from the outside, but a very negative mood is also pervading internally.

Especially with the full presence of the Anle Group's working group.

When they arrive, it's a bloodbath.

He did nothing but fire people, and even sent many people to jail.

Are you scared or not?

An'an stood on the top floor, remembering what her father had once told her.

Running a business, especially a business with problems, requires thorough preparation.

In such a desperate situation, one could use immense strength to lift the descending ship back up.

"President An, the stock price has dropped to 32 yuan per share, and there is still a lot of resentment among shareholders."

"Don't worry about it for now. Come back and talk to me when it drops below 20."

Investing in stocks is risky, and she currently only holds a 5% stake in Snack Run.

They only have control of the group through a multi-tiered holding structure.

She plans to buy more in the future.

The ups and downs in the stock market are far less significant than the massive turmoil within the group.

Regardless, there's no turning back now that the arrow has been released; An'an has already allowed Anle Group to fully move in.

That means she will never listen to those five old men again, and from now on, no matter what, the Snack Run Group can only operate according to her will.

You wouldn't know unless you looked it up, and what you found was shocking.

The group allocates one billion yuan in investment funds every year, mainly to improve the entire snack supply chain.

However, the group's veterans exploited this by setting up shell companies to receive the group's investments.

This is a typical example of embezzlement.

Under such circumstances, how good can the group be?

The entire group's employees are divided into 13 levels. An'an initially checked only levels eight and below, but later she checked up to the highest level.

It's fair to say that during the period she was investigating, the entire group's response to the outside world was quite sluggish.

It could even be said that it is already half-paralyzed.

Many jobs have come to a standstill, and even restocking stores has been delayed.

This undoubtedly caused a great deal of resentment among the physical dealers.

The stock price didn't exactly plummet, but it steadily declined.

January 16, 2026, marks the fourth month since An'an took over the Snack Run Group.

From her initial obscurity to the sensation she caused throughout the news industry.

With the birth of the most beautiful young lady, she became famous throughout the country; it was impossible to hide her fame.

Even the short drama she starred in was dug up.

Countless netizens exclaimed that it was no wonder that a newcomer who had just acted in a short drama could get Zhao Liying to play a supporting role for her.

So this is the real Miss.

She doesn't belong to any particular circle; she herself is the strongest entertainment circle.

Unfortunately, it's clear that the young lady's entry into the entertainment industry is just for fun.

I never expected him to be called home so quickly to inherit a fortune of hundreds of billions.

On January 17th, stock market investors were angrily denouncing the stock market in a short video.

Anle Group announced that it will allocate 2 billion yuan to officially launch a stock repurchase plan.

If we calculate based on Snack Run's current market value of 35 billion, then 2 billion could buy back 5% of the total share capital.

This is undoubtedly another big plan that An An has put forward.

It's very easy to throw the group into chaos, but to maintain order and smooth operation amidst chaos is the real challenge.

This puts the operator's own abilities to the test.

(End of this chapter)