The Birth of Shanghai's First Conglomerate

Chapter 800 In Old Age
In his later years, Chen Pingsheng also enjoyed taking a few puffs of Cuban cigars.

He smokes these cigars, which cost $1200 each, which is roughly 10,000 RMB.

An occasional twitch can be refreshing.

The private matter Yang Qian discussed with him was still the privatization of Deer Antler Coffee, which involved the overseas market acquiring a large number of shares and relisting the company on the domestic A-share market.

It's not actually that difficult; it just requires a lot of money.

The main reason for privatization is that over the years, Deer Antler Coffee has achieved remarkable success in globalization, but its stock price is clearly not commensurate with its actual value.

When the stock price is far below its actual value, the boss will definitely think of delisting or taking it private.

The controlling stake in Deer Antler Coffee is actually held by An An, but its value still exceeds 100 billion.

To fully recover it, at least 50 to 60 billion yuan would be needed.

An'an has trillions in assets, but she cannot readily withdraw such a large amount of funds.

There are very few entities in China that can readily allocate such funds, and Chen Pingsheng is undoubtedly one of the most capable among them.

Because nobody knows exactly how much money he has, both domestically and internationally.

All I know is that he has no debts.

"You should discuss this with An'an. It's not a big deal. Give An'an a few days and she can get the funds. You don't need to worry."

Having a net worth of 50 or 60 billion and being able to withdraw 50 or 60 billion in funds at any time are two completely different concepts.

Many bosses who claim to be worth billions can't even come up with a billion.

If the company dares to withdraw funds, its own listed company's stock price is very likely to collapse immediately.

Yang Qian nodded, "Then I'll go and discuss it with An'an. She's definitely capable of handling things on her own now."

"It could have been done a long time ago, just give her more confidence."

Chen Pingsheng was quite at ease with his eldest daughter, so Yang Qian chatted with him casually for the rest of the time.

Any project with an investment of less than 100 billion is nothing to Chen Pingsheng.

He doesn't even need to sign or inquire; his two daughters and advisory team can make the decisions directly.

The project he truly orchestrated and planned was the land reclamation and city building project in Hong Kong, which involved an investment of over 300 billion Hong Kong dollars.

He also called this city the Hong Kong Future Technology City, mainly to make up for Hong Kong's technological shortcomings.

The planned investment exceeds 350 billion yuan, and the planned residential population is as high as one million.

In other words, he plans to build a future city on the sea.

The approval process for this project takes at least a year and requires approval from many departments simultaneously.

In addition, verification of capital exceeding 200 billion is required.

Without funding, who would dare let him reclaim land and build islands in this area?

Aside from this project, the only other option is the Las Vegas on the water.

The ship, designed to be the world's first mobile casino, is larger than anyone could imagine.

The ship is planned to be 1,600 meters long and have a gross tonnage of 1.5 million tons.

It can carry more than 300,000 people at the same time. The time from design to construction of such a ship will not be less than a year.

From the start of construction to completion, it will take at least five to eight years, requiring the cooperation of several world-class manufacturers.

The cost of building this ship alone will be nearly 100 billion, and it is large enough to withstand any tsunami.

The ship is equipped with top-tier luxury facilities and 50 state-of-the-art helicopters to transport guests.

It's fair to say that successfully operating such a floating casino would be more profitable than bundling together a hundred listed companies.

It belongs to the category of true super cash cows.

It's designed solely for the super-rich and the most idle second-generation heirs.

It actually has nothing to do with ordinary people.

Even the most basic boarding fee starts at 100,000, so how could ordinary people have the chance to go on board? An An's previous super cruise ship, which was the world's largest, cost more than 40 billion to build.

It has been operating worldwide for ten years so far, and it has only broken even about half of its costs.

It will take at least ten years to fully recoup the investment.

If we only consider the rate of return on investment, this is undoubtedly a case of investment failure.

It was only because An'an really wanted such a big toy when it was built.

Compared to this super cruise ship, the Two Mountains Hotel, built by Er Ya with an investment of over 50 billion yuan, is clearly a much greater success.

Even today, the seven-star Liangshan Hotel remains a pinnacle of the domestic hotel industry.

To date, it has not been surpassed.

It has become the most famous landmark building in Shanghai, and is also a super luxurious, trendy top-tier hotel.

There's a saying in Shanghai: driving a Mercedes or BMW doesn't necessarily mean you're rich.

But those who can frequently stay at the Two Mountains Hotel must be extremely wealthy.

Because even the simplest bowl of noodles there costs at least 198 yuan.

If you don't have enough money, going there will only make you uncomfortable.

It can only be said that the polarization in this world is already very serious; the rich are truly rich.

Those who have no money are struggling every day just to have three meals a day.

Some things are not built for the average person to consume, such as the Two Mountains Hotel, the super cruise ship, and the world-class floating casino that he is building.

Erpiya worked in the luxury goods industry for a long time, but found that she still couldn't outsell the top European and American brands.

Later on, we simply stopped doing all that stuff.

If the Chen family can't make world-class luxury handbags and shoes, can't they at least run top-tier hotels, cruise ships, and floating casinos?
Many of Chen Pingsheng's major investments have been shifted towards the consumption of the wealthy.

Let ordinary people compete for what they need.

He hasn't paid attention to milk tea or coffee that costs around twenty yuan a cup for a long time.

It's not that he became detached from the masses; it's just that it was an inevitable result of him having accumulated a certain amount of money.

It's not that he's short-sighted and doesn't look to the future; he's involved in longevity projects, including opportunities for human lunar landings and space exploration.

However, that kind of thing might not yield results in three to five years, or even ten, eight, twenty, or thirty years.

A businessman can look ten years into the future, but looking a hundred years into the future is probably meaningless.

For example, many young people talk about how long until the Earth is destroyed.

If he focuses his energy on this, he's really just making trouble for himself.

If the Earth is truly destroyed, everyone will revert to primitive society and start evolving from apes again.

It's such a simple thing.

Or perhaps some wealthy people were the first to discover new continents in the starry sky and immigrate ahead of time.

Since absolute fairness has been completely shattered, who can know what will happen next?

Live in the moment; you should still find ways to make money.

That's just how he is; he can't let his family's assets depreciate in the bank.

All things considered, he still has quite a few projects to complete.

As for matters within the group, those can be left to the designated personnel.

He has rarely participated in it since, and he has no idea what the group's many research institutes are researching every day.

For him, the greatest significance lies in making the money in his hands continuously generate more money.

(End of this chapter)