The Birth of Shanghai's First Conglomerate

The formation of a conglomerate often requires seizing opportunities of the times and accumulating historical experience.

2049 October.

Zhang Wanyi held a global press conference on the Economic Research Island, making a resounding announcement.

In the next five years, Tencent Group will continue to uphold its corporate vision of making every effort to promote social development.

Tencent has set a five-year plan for the future, aiming to reintegrate the technology industry.

The five major technology industries are led by Tengfei AI mobile phones, Tengfei AI, Tengfei new energy, Tengfei AI chips, and Tengfei robots.

The company will focus on launching its own technology investment department to support related products and technologies across the entire industry chain.

In addition, it will deeply integrate with traffic-driven entertainment groups such as Tencent Entertainment, Tencent Media, and Yateng Short Drama to empower traditional basic industries.

Then utilize the existing thousands of county-level Tengying technology training academies.

After rural students complete nine years of compulsory education, big data, including data analysis and research from the group's research department, will be used to implement a plan for the diversion of grassroots talent.

She wants to use her five-year term to completely change the living conditions of grassroots industries.

It must be said that her ideal is beautiful, but extremely difficult to realize.

Over the years, Tengying Group's businesses have expanded to a level unimaginable to outsiders.

Every year, they sell off many listed companies. It is already very difficult to sort out this complex relationship and maintain continuous financial growth.

Not to mention the need to support so many grassroots industries.

In the philosophy of Tencent's senior management, helping others is actually helping yourself.

Only by raising the income of those at the bottom can they have money to consume, and with increased consumption, major businesses in society can revive.

Otherwise, if they keep downgrading like this, who knows how many companies in the Tencent Group will go bankrupt every year.

By 2049, the aging problem that had once seriously affected the balanced development of society had been completely eradicated.

Before the one-child policy, the last group of elderly people were those born before the 1980s.

The youngest are now over seventy.

The population has decreased from its peak of 1.4 billion to less than 1.2 billion today.

It is estimated that in another fifty years, the number will be less than one billion.

Having more children is now considered a contribution to society, especially for the wealthy.

Chen Pingsheng watched the press conference at home. Zhang Wanyi's momentum was strong, and he hoped that she could make a great contribution during this five-year period.

Therefore, she will likely be the next one.

If they fail to fulfill their promises, then the dean will have to be replaced in the next five years.

My son, Jiye, has matured quite a bit; he's already in his second year of high school, and in another two years he'll probably be able to find a girlfriend.

An'an came all the way from Guangdong to find him, all for the sake of her eldest son, Sun Sile.

Sun Sile is already twenty years old and is currently a sophomore in college in Shanghai.

At his age, he shouldn't have much to worry about, except that he found a girlfriend at school.

They also brought this woman to An'an. The girl was of good character, but her family background was rather ordinary.

Such conditions would not only be unacceptable to An'an, but even the Sun family would not agree to them.

For wealthy families that have grown to the third generation, marriage between people of similar social standing is of paramount importance.

If you marry an ordinary woman, it's very easy for problems to arise between the two families, including their backgrounds and relationships.

An'an couldn't make up her mind, so she came to ask her father.

According to Chen Pingsheng, there was absolutely no need to worry about this. Firstly, university romances rarely progress to marriage. Secondly, even if Sun Sile were to act impulsively, her family would definitely stop her.

"Dad, I'm starting to understand my mother more and more now, and why she was so determined to oppose Chen Lu and Su Xiaoxi being together."

"Can things go smoothly if she doesn't object?"

Chen Pingsheng said, "Look at your younger brother. When he was young, he ignored Shen Xi, who was right next to him. Now he likes her, but she avoids him like the plague."

“Jiye is all grown up now. I just hope that Sile can put my mind at ease and find someone who is suitable for our family in the future.”

Two years ago, Chen Pingsheng found a job as an economics professor at a university. His job was very easy, and he only needed to teach classes occasionally.

He doesn't have much interest in arranged marriages across three generations of his family right now. If he really meets someone he likes, marriage isn't out of the question.

In a few years or ten years, they will most likely still separate, or they will become like Su Xiaoxi, focusing all their energy on their careers.

It's okay for a man to be a jerk.

An'an also plans to return to Shanghai for work. Her two sons are here, and it's not very convenient for her to stay in Guangdong.

As for the second daughter, Chan Sum-yee, she has always stayed in Hong Kong and her position has never changed.

Her two children will also be living in Shanghai in the future; Shanghai is the real home base for the Chen family.

For the next twenty years, Chen Pingsheng will not change his place of residence.

He decided to stay in Shanghai indefinitely.

“Being a mother is not easy. Your mother used to worry about you, and now you worry about your child.”

“I’m doing relatively well. At least Jiye has you looking after him, and Sile has his grandfather taking care of him. It’s just that his grandfather is getting old now, and his health has obviously deteriorated a lot since he was over eighty years old.”

"You still want him to help you take care of your son?"

Chen Pingsheng said, "Everyone gets old eventually, and your father isn't too far from that day either."

"Pah, pah~" An'an said unhappily, "What are you saying? Dad, you should live to be at least a hundred years old."

What's the point of letting him live to be a hundred?
Over the years, Chen Pingsheng has remained healthy and free from illness, and his health is still as robust as that of a forty-year-old.

His luck was at its peak in his later years, and the help he received was the greatest.

"Hmm~ I still want to watch Jiye grow up, get married and have children, so there's definitely nothing going to happen now."

An An smiled with satisfaction, then changed the subject and said, "Dad, Xiao Xi and Er Ya have merged several of their large companies to create a trillion-dollar conglomerate. She wants to get the qualification of vice president of the Economic Research Island before the end of the year. That shouldn't be a problem, right?"

"It's not a big deal. Just follow the normal procedures and get the approval of the seven elders on the island, including the existing vice deans."

Chen Pingsheng said, "Xiao Xi was ultimately let down by Chen Lu. I heard that the Zhang Qian he found, after giving birth to the child, still hopes that he can be recognized by his ancestors. Has she been making a lot of noise lately?"

"Yes, that woman is not satisfied with the little property Chen Lu owns now. She hopes that her child can be raised by our Chen family."

"What is Chen Lu thinking?"

"He found another young and beautiful woman in her early twenties."

"The mistress rises to power, only to be kicked out by an even younger mistress. This is probably the ultimate fate of mistresses."

Chen Pingsheng thought for a moment and said, "You should handle this matter. Our Chen family's children cannot be raised by a woman like that. Buy the child outright and send him to Jingyan Island for further education."

Zhang Qian is now gaining status because of her son. Chen Pingsheng has only six children across three generations, and this child is the seventh.

Find him two of the best teachers and send him to the Economic Research Island for further education until he is eighteen.

We'll see what our plans and arrangements are after we turn eighteen.

Illegitimate children can't enjoy many family resources, but Chen Pingsheng won't let them wander outside forever.

(End of this chapter)