The Birth of Shanghai's First Conglomerate

An'an wanted to make the family business easier to manage.

I plan to hand over the family's financial business to Chen Xinyi.

The business she was referring to does not include the listed companies under Tengying Group and Tengye Group.

It's just the global financial business that her father and mother have invested in over the years.

Starting thirty years ago, her father worked hard for globalization, and to this day, even if her family did nothing else, they could still earn a net profit of up to 200 billion yuan every year from these industries.

This is an incredibly exaggerated figure. If you include the dividends from Tengying Group and Tengfei Group, their annual profit is already over 350 billion.

Aside from her father, probably no one else could fully understand the complex relationships involved in her diversified industries.

However, my father's investment philosophy has been focused on long-term and stable investments for the past twenty years, and he is no longer keen on engaging in high-risk industries.

High risk naturally means high returns, but the Chen family in Shanghai has long since stopped seeking high profits.

Investments have always prioritized stability, and this has been the case for many years.

Therefore, many industries that seem complex actually generate very stable profits and are managed by dedicated teams.

An An only needs to categorize these industries. In addition, she hopes that Chen Xinyi can appear on the nomination list for the next vice president of the Economic Research Island.

The Chen family can gradually relinquish the CEO and chairman positions under the Tengying Group, but they absolutely cannot relinquish the vice president and dean positions at the Economic Research Institute of Jingyan Island.

Barring any unforeseen circumstances, Zhang Wanyi will definitely be re-elected as the dean of the Economic Research Island for the next term, completing her ten-year term.

An An's target was right behind her.

Chen Xinyi is extremely talented. Even if you put her in a place like the Research Island where geniuses abound, she would still be one of the most talented people.

She simply had no interest in managing the family business.

"Isn't having Xiao Xi over there enough?"

“Su Xiaoxi’s qualifications are still too shallow. Moreover, she was only barely selected as the vice dean because you assisted her. Among the nine vice deans, she is the least qualified. Who among the others didn’t work hard and follow Father for decades before they rose to their positions?”

An An analyzed, "You're different. Although you haven't taken over the family business all these years, your achievements in the financial sector are still admired by everyone. So you must run for the position of Vice Dean of the Economic Research Island yourself!"

"is this necessary?"

Chen Xinyi said lazily, "Hey, dear sister, why do I feel like you're facing a formidable enemy? Given our family's current situation, do we even have any competitors?"

"Even if we suffer setbacks in one or two areas, we can simply shut down the entire group and company in that area. How could that affect our family's overall strength?"

"You may have underestimated the influence of your father, and also underestimated the series of impacts that will follow when he completely withdraws from the family."

An'an said, "Father just didn't let you see many things. Our Tengnong Breeding has been asked to bring in state-owned capital multiple times. If Father were still here, this matter could be postponed, but Father has now completely relinquished all family affairs."

"This matter will inevitably arouse the speculation of many people with ulterior motives. Moreover, our family has so many overseas livelihood industries. Do you really think we can be stable without our father?"

"As the saying goes, the highest level of business must be the integration of business and politics. Do you know how many political stars you have supported during the twenty years your father has been overseas?"
"Without this support and extensive penetration, how could our company have remained so stable?"

Chen Xinyi naturally knew all this, but she never cared. "Father's vision has never been comparable to ours. Even the Seven Elders of Jingyan Island only listen to Father. He is only accompanying Mother for the last time, not leaving completely. Sister, you don't need to be so nervous."

"Even if Dad were still alive, his influence would still protect us for the next fifty years."

Although Chen Xinyi said that, she still listened to her older sister, packed her things, and prepared to go to Hong Kong to integrate and package her financial industries, including the technology groups she had invested in. She would sell what needed to be sold and merge what needed to be merged immediately.

But after she left, she couldn't help but cry.

She didn't know why she was crying, even though she had always been the person who disliked crying the most since she was a child.

Her father is really getting old; she wasn't prepared for him to grow old.

Moreover, her mother, who had doted on her since childhood, was actually running out of time.

The first thing Chen Xinyi did upon returning to Hong Kong was to visit the Changsheng Medical project, in which her father had been investing.

The only fair thing in the world is birth, aging, illness, and death, but unfortunately, this fairness has been completely broken.

Chen Xinyi doesn't care what others think; she gets two injections every year to prevent her cells from aging.

She's not even forty yet, she'll live to be a hundred without any problem.

Normally, as long as she follows the longevity medical plan, her lifespan could reach 120 years.

This not only extends lifespan, but also boosts vitality and health.

Her mother refused to accept longevity medicine, saying that it was against the natural order.

If this continues to develop like this, when the rich or powerful can live to be 150 or even 200 years old...

My father's conjecture from decades ago may very well come true someday in the future.

Chen Xinyi felt that as long as the earth didn't explode, her family would be the safest one.

Once it explodes, then it's all over; let's all be destroyed together!

She only stayed at the Changsheng Medical Center for a short while before going to find Su Xiaoxi.

For Jingyan Island, Su Xiaoxi's qualifications were indeed too shallow. If it weren't for the fact that she was her father's only daughter-in-law, she definitely wouldn't have been selected as the vice president.

Currently, the entire Chen family business, including Tengying Group and Tengfei Group, is controlled by Jingyan Island.

Her sister's suggestion that she run for vice president was a well-thought-out plan.

If Chen Jiye fails to achieve sufficient results, An'an will then be responsible for protecting the Chen family's legacy.

Chen Xinyi doesn't want to be too successful in her life; she just wants to be a good little daughter who isn't very obedient to her father.

I never imagined that someone as great as my father would actually grow old one day.

Now that her older sister is the head of the clan, she also needs to start working hard to protect the family business!

After returning to the group, Chen Xinyi reorganized all her investments, including the companies under her control. Now, all she needs to do is make proper plans.

I need to align my next steps with the development of my family; I can no longer be as unrestrained as I am now.

Chen Xinyi thought with considerable worry that she didn't know what would happen if her father really retired.

Now they can only listen to their older sister; she will direct the series of changes that will occur in the Chen family. (End of Chapter)