The Birth of Shanghai's First Conglomerate

Chen Xinyi is already 16 years old.

But she hasn't changed much since she was a child. She has an amazing talent for learning, and the same goes for her ability to spend money; there's simply no limit to it.

When he walks, he still has that arrogant, domineering, and cocky attitude.

The difference is that she is now a slightly chubby beauty.

Erpiya was incredibly excited when she heard that her older sister was looking for a boyfriend.

With a clap of his hands, an idea immediately popped into his head.

She simply announced to the whole class that she would help her sister find a boyfriend.

If Erpiya were to find a classmate to be her older sister's boyfriend, she would laugh herself crazy just thinking about it.

"Take a look, have a look."

"Marrying my sister is more effective than getting into any university."

Believe it or not, a few boys in the class were indeed smitten. When Erpiya told her mother, Song Yanxi, about it when she got home, she was both amused and exasperated.

Chen Pingsheng almost pinned her to the ground and beat her, but just because he didn't make a move didn't mean he wouldn't do anything when her sister came back.

When Chen An'an returned, the first thing she did was not to report to her parents, but to immediately go to Erpiya's territory.

That is, the Two Mountains Hotel.

Erpiya was still carefree here, completely unaware of anything, until her sister returned.

An An can lift her up with one hand, which is quite impressive.

"Sigh, sigh, sigh..."

"What's going on? Who dares to be so rude to the Second Princess of Shanghai?"

"Chen Xinyi, turn around and see who I am?"

"Is there even a need to look? It's definitely my mighty, invincible, and domineering older sister."

Erpiya immediately became obedient and well-behaved, "Sister, you're back! I missed you so much!"

Are you sure you miss me?

An An snorted: "Chen Xinyi, you've really made something of yourself! You even dare to tease me in class!"

"Sis, I'm just sincerely trying to introduce you to someone."

"Do I need you to introduce me?"

Chen An'an put her down, and Erpiya immediately asked, "Sister, is it fun at sea? Can I borrow your Youth ship for a while?"

"No, the Youth Ship has already been taken over by a specialized company for operation. If you want to play, you'll have to pay for it yourself..."

Erpiya pouted, "Sis, I didn't charge you for staying at the hotel."

"You think you can even get it if you want to?"

After An'an sat down, she asked her, "How's the hotel's daily revenue?"

"Of course, the prices are incredibly high. You have to book the good rooms months in advance."

"Oh!" Chen An'an was too lazy to ask anymore. Anyway, the Seven Star Hotel and such were not their family's core businesses.

It's just a small amount of business assets used to generate long-term returns.

Her own youth account was actually the same.

On the other hand, besides finding a partner for An'an, Chen Pingsheng also...

He has already planned to cash out all his Nvidia shares; the AI ​​concept is no longer appealing.

Once the results are released, there won't be much more explosive growth afterward.

Because they had already raised their expectations to the maximum level beforehand.

Long-term investing is simply investing in an expectation.

He invested in Nvidia for a total of fourteen years, and his income was astonishing.

Nvidia's market capitalization has now exceeded five trillion US dollars, and its remaining 1.5% is worth 750 billion US dollars.

Chen Pingsheng's own mobile phones, including batteries, cars, and AI, have all seen a comprehensive rise in popularity.

He no longer needs to spend money to subsidize it.

Housing prices only truly stabilized at the end of last year.

The term "stabilized" does not mean that the price has stopped falling, but rather that it has been brought under complete control.

The market is unlikely to fall any further; most of the stocks that were going to fall have already fallen.

Chen Pingsheng himself doesn't have many ideals anymore; he just wants to make cars, AI, mobile phones, batteries, and other products reach a market value of over one trillion.

That was already my limit, as for the funds I cashed out.

A small portion is used to support domestic public welfare undertakings, while the majority is used to invest in permanent commercial real estate. Alternatively, it may be used for commercial services in basic infrastructure sectors.

To put it more clearly, it means investing in and monopolizing basic livelihood projects overseas, just like Li from Hong Kong.

The biggest advantage of projects in this sector is that as long as there is no war, they are safe.

That way, profits can be generated continuously.

Even if war breaks out, the impact will only be temporary.

He's already chosen the project; all that's left is to transfer the money.

A family that has been around for a century cannot possibly invest all its money in one place.

With this investment, he now has a large industrial cluster in more than fifteen countries around the world.

The family's annual income will officially reach 80 billion.

This is a very large sum of money, which also means that their family has indeed seized a real treasure trove.

Barring any unforeseen circumstances, Chen Pingsheng's remaining life, besides being leisurely, will primarily revolve around taking care of his children.

They are their own future.

The reason for cashing out all of Nvidia at this point is that the family will undergo a comprehensive transformation towards stability over the next century.

Whether it's traditional sectors or the technology field, we just need to proceed step by step.

There is no need to take the risks like before anymore.

Even if An'an and her family want to make big investments in the future, they will obtain the funds from the family's annual income.

Instead of overspending future money on today's business.

What is future money? It's taking out a loan to buy a house or to start a business.

As long as they don't overspend on their future, their family will be absolutely secure.

This is a step that top families are all taking.

Reduce group debt and strengthen family-owned stable investments.

Chen Pingsheng felt that he had accomplished his mission by doing this.

He should leave the rest to his children.

Over the next ten years, nothing will be more important than nurturing them.

When An'an came to the company, he was still looking for a partner for her, and he was very picky.

The most difficult aspect is probably the character of the person in question.

The children of wealthy families are generally polite, but as for how good their character is, that depends entirely on their family background.

If you have parents who know how to teach and lead by example, then everything is fine.

If a father likes to associate with child stars, his son might follow suit.

It's the kind where the father and son play the same thing.

An'an's personality cannot be restricted too much, nor does it need to be restricted too much.

In that case, it would be better to find her a family with a long history in business.

This way, their family can completely suppress the situation and they won't have to worry about An'an being mistreated in the future.

The parents' actions regarding their daughter were truly far-sighted.

He has to consider everything from a long-term perspective, just like his wife, Song Yanxi, considered things for his mistress, Chen Lu.

The future heir to the Chen Group, who will be the biggest successor in their family, is actually a mistress.

This will not only make Chen Lu a laughing stock, but his whole family will become a laughing stock as well.

While this statement may be an exaggeration, it is indeed true.

Didn't you see how beautiful the most beautiful Xiaoqian was back then, wanting to marry into a wealthy family?

Before she even went inside, her future mother-in-law declared, "She's a high-class lady from the entertainment industry."

What do you mean?
A more upscale KFC, perhaps.

You can play it if you spend money.

Because of this one sentence, Xiaoqian left Hong Kong completely, and there was no place for her in Hong Kong anymore.

Even wealthy families treat top female celebrities with this attitude.

Not to mention Su Xiaoxi, the daughter of a mistress, it's too disgraceful.

(End of this chapter)