A century-old wealthy family that rose from Shanghai

new York.

Chen Guangliang stood in front of a floor-to-ceiling window, with Central Park in front of him, a sight that was pleasing to the eye.

Behind him was Jiang Meiying, dressed in an office skirt, tidying up documents on her desk. After cashing out her IBM stock last year, Jiang Meiying's investment company seamlessly reinvested the funds in the "Nifty Fifty," making her incredibly wealthy.

"dong dong"

The office doorbell rang.

Jiang Meiying opened the door, and her third son, Chen Wenhua, walked in.

Last year, Chen Wenhua became independent and established an 'investment company,' seemingly intending to make a name for himself on Wall Street.

"Dad, Mom"

Chen Guangliang turned around and said, "Well, how have you been lately?"

Chen Wenhua immediately brought over a stack of documents and said, "This is what I've been working on since the beginning of this year. Can you take a look?"

Chen Guangliang was naturally pleased with his son's humble request for advice. He certainly didn't want his sons to be 'too independent,' after all, he had the 'most correct choice' here, so why should they 'think independently'?

Chen Guangliang began to carefully review the documents, while Chen Wenhua provided reports from the side.

“Last year, I first acquired control of United Madison Insurance Company for $220 million, giving me a 46% stake. This was an insurance company that could use other people's money to profit itself, engaging in financial services. Later, under my leadership, United Madison also acquired a life insurance company and a company that made adhesives called Permatex.”

This trajectory is somewhat similar to that of Buffett and Cai Zhiyong, suggesting that this young man has been influenced by Wall Street news in recent years.

There are so many insurance companies in the US. Chen Wenhua acquired two in one go. One of them, United Madison, was a publicly listed company, while the other, a life insurance company, was not. He then converted the life insurance company's funds into United Madison's capital for further investment.

These are perfectly normal strategies!
When Chen Guangliang looked at the introduction of Permatex, he suddenly had an idea and asked, "What are the main areas of application for this Permatex adhesive?"

Chen Wenhua immediately said, "My investment in this company, including silicone sealing technology, surface-insensitive instant adhesives, and heat-resistant instant adhesives, is based on its competitive advantage in the industry. When the time is right, it can be sold to competitors. Its main competitors are Loctite and Sulta."

Chen Guangliang immediately said, "Your kind of acquisition is just doing the work for others, and you'll only earn a pitiful amount of money yourself. You need to build a foundation in real industry for finance; if you don't do real industry, it's just a castle in the air."

Chen Wenhua did not refute his father's point of view, but said sincerely, "It's just that my knowledge of this field is limited to financial statements, and in this industry, Permatex's advantages are not particularly outstanding, making it difficult to compete with its peers."

Chen Guangliang knew this was true, and then he said, "I've thought of a product that might generate a billion dollars. Let's call this product 'Post-it Note'!"

He tore off a square piece of paper and continued, "If we put a layer of glue on the back of this yellow paper—and this glue has these characteristics: excellent re-adhesion without residue or damage—I can use it to make marks while reading. This is much more convenient than sticky notes; they won't fall off, and I can make notes."

Watching his father's demonstration, Chen Wenhua immediately understood what the product looked like, but he had doubts about the market: "Could such a small product have a market worth a billion US dollars?"

Chen Guangliang laughed and said, "I'm just giving an example of what I need when I'm reading. If you send these sticky notes to the secretaries in office buildings, you'll find that this is exactly what they need."

Chen Wenhua suddenly realized and said, "Research and development, patent application, and then the whole world needs these sticky notes, office buildings, students, just like a pen, to achieve widespread use. Dad, you're a genius!"

Jiang Meiying said from the side, "You're only finding out now?"

Chen Wenhua scratched the back of his head, revealing his son's face, and said, "I've always known, but today I've made a new discovery!"

Chen Guangliang waved his hand and said, "This product seems simple, but the glue is actually very important. You should have Taiyang do the research and development first. Secondly, these sticky notes can be made into booklets, with yellow paper and about this size. Finally, there's the promotion. A new product's patent only lasts for twenty years. If the promotion is too late, it will result in a loss of profits. So, we can send the sticky notes to secretaries and assistants in major cities like New York so they can use them for free. Okay, let's continue our discussion later."

"Yes, Dad!"

Chen Guangliang then asked, "You didn't spend much money to acquire United Madison. Are your other funds also in the stock market?"

Chen Wenhua nodded and said, "Yes, we invested in the Beautiful 50."

Chen Guangliang said, "Starting at the end of the year, you should gradually sell off your stocks. The US stock market is expected to crash next year."

"Ok"

Watching Chen Wenhua's departing figure, Chen Guangliang leaned back in his leather seat, thinking that he had solved another son's business problem.

Chen Wenhua's investment company has the potential to become a very influential enterprise in the future.

Furthermore, Chen Wenhua's girlfriend is also white, the daughter of a businessman from New York, and they are planning to get married this year. Chen Guangliang sees no problem with this.

Through the children of Chen Wenjin, the eldest son of the second wife, Chen Guangliang discovered that the mixed-race children in their family still retained the characteristics of their fathers quite well; in terms of intelligence, physique, and other aspects, they all inherited Chen Guangliang's genes.

"Doesn't it give you a headache to leave these children with a huge fortune and then still have to help them build their careers?"

A pair of gentle hands behind him massaged Chen Guangliang's head, and soon a soft, warm ball-like object massaged his neck.

Chen Guangliang glanced at the ground beside him and saw a piece of black cloth that had been thrown on the ground. No wonder it was so soft.

"I didn't have a headache; on the contrary, I felt a sense of accomplishment! After all, this wasn't a difficult task for me!"

Jiang Meiying joked, "Do you want me to have another one for you?"

Chen Guangliang said with a wry smile, "You already have so many grandchildren, and you still want to have more? Really, you..."

"What is it really?"

Jiang Meiying came to the front, straddled Chen Guangliang's lap with her long, black-stockinged legs spread wide, her breasts already fully covered, magnificent and round.

"You filthy hussy, I'll teach you a lesson today!"

Soon, the office was filled with the sounds of love!
The specially designed glass allows those inside to see out, but those outside cannot see in, so there's no need to worry about exposure! Besides, the view here is excellent, making it perfect.
The next day, Chen Guangliang arrived alone at Amgen Pharmaceuticals in New York, where Tang Wensheng was already waiting.

"Father-in-law, this is Dr. Watson. This is Dr. Steve."

Chen Guangliang shook hands with each of them, and later Tang Wensheng led him on a tour of the research and development lab. "Father-in-law, after more than six months of research, we have discovered that there are various phosphodiesterases that cause cardiovascular diseases. By developing a phosphodiesterase inhibitor, we can achieve the goal of dilating blood vessels and alleviating cardiovascular diseases. Currently, our research and development work is progressing smoothly, our goals are clear, and we will definitely develop a new drug soon."

If this line of thinking were followed, the new drug might be considered an 'unsuccessful' product, and the substantial R&D costs would be wasted. This is why pharmaceutical companies must maintain high profitability; the time and cost of developing a new drug are enormous, and it could even be a complete waste.

Chen Guangliang simply nodded, patiently listening to Tang Wensheng's explanation.

During this time, he also learned that Amgen Biopharmaceuticals has a lot of talent, including many PhDs. It seems that Tang Feifan and Tang Wensheng have quite a few connections in the American biopharmaceutical industry.

Later, when Chen Guangliang arrived at Tang Wensheng's office, he asked his daughter Chen Leyi to go outside.

Chen Leyi was immediately puzzled. What could her father possibly be doing that he needed to keep from her? Besides, she was the president of Amgen, while her husband was just the head of the research and development department.

Although puzzled, I went out anyway.

"I hear that. Let me ask you, how do phosphodiesterase inhibitors alleviate cardiovascular disease?"

Tang Wensheng said, "Dilate blood vessels."

Chen Guangliang nodded and said, "Have you ever considered that phosphodiesterase inhibitors might not be as effective in alleviating cardiovascular disease in clinical practice?"

Tang was taken aback. These were the things his father-in-law had told him, so why was his father-in-law contradicting him now? Could it be that the Hong Kong institutions had made a new discovery?

"Father-in-law, has this clinical trial been completed?"

Chen Guangliang laughed and said, "No, I'm just guessing. But I've heard of a possibility that some kind of phosphodiesterase inhibitor could have a significant effect on men. Think about it, if that's true, wouldn't such a new drug be a blessing for many men around the world?"

Tang Wensheng blushed slightly, and then said, "So, should we develop a treatment for cardiovascular diseases, or a new drug for male enhancement?"

Chen Guangliang laughed and said, "Of course, they'll use the guise of researching cardiovascular diseases to develop a miracle drug for male enhancement. Think about it, ancient emperors would even take things that were life-threatening if they wanted this effect. If Amgen Biopharmaceuticals' first new drug is from them, then making hundreds of millions of dollars is no problem. Then, this pharmaceutical company will have enough capital to grow into a major pharmaceutical enterprise."

Tang was surprised to hear this. He sensed that his father-in-law had been planning this all along, just like when his father-in-law had instructed his own father. If that was the case, then his father-in-law was absolutely right.

"Okay, I will definitely keep my father-in-law's words in mind and adjust my course when the time is right."

Chen Guangliang patted him on the shoulder and said, "Remember, this new drug is called sildenafil, and its Chinese trademark is 'Viagra'. It's a new drug with a profit of one billion, and it's crucial to Amgen Biopharmaceuticals."

If it can develop into a top ten biopharmaceutical company in the US and a top twenty company globally, that would be excellent.

"Yeah, I took note of it!"

Chen Guangliang suddenly said to Tang Wensheng, "Also, don't let my daughter down!"

Tang Wensheng quickly said, "Father-in-law, you have already become my second parents by marrying your daughter to me. How could I not cherish Leyi?"

Chen Guangliang said with a smile, "I initially chose you because of my relationship with your father, and also because of your down-to-earth attitude towards research. Now that you and your husband have a son and a shared career, I hope that no matter how wealthy you become in the future, you will never forget today!"

Yes, father-in-law.

Chen Guangliang left satisfied. If Tang Wensheng hadn't been his son-in-law, he would never have been able to come into contact with something as amazing as Sildenafil.

"Wensheng, what did my dad say to you privately? Why did he send me away?" Chen Leyi immediately found Tang Wensheng and asked him privately afterwards.

Upon hearing this, Tang quickly replied, "It means I shouldn't let you down."

Chen Leyi looked at her husband with suspicion. She knew her father wasn't that kind of person. He had a lot of confidence in his daughter and wouldn't worry about her at all.

However, Chen Leyi only hinted at it, saying, "Oh, he underestimates me!"

Tang Wensheng said with a smile, "Indeed, my father-in-law is just worried. My parents have always been concerned that I am not good enough for you!"

Back at their villa on Long Island, Chen Guangliang and Jiang Meiying's youngest son, Chen Wenhai, also came to reunite with them.

This is my son, born at the end of 1952. He's only 16 years old this year.

In the study, Chen Guangliang asked Chen Wenhai, "What do you want to do in the future?"

Chen Wenhai glanced at Chen Guangliang and said directly, "My brothers are all excellent. Second brother (Chen Wenjin) studied business management, and fifth brother studied finance. I want to be different from them."

"What about it?"

Chen Wenhai said, "I like electronics."

"Great!" Chen Guangliang clapped and said, "Technology changes people's lives. Right now, telephones still need a wire, but maybe in the future, personal telephones will be portable, allowing you to make calls anytime, anywhere. Computers are still commercial devices and are huge, but with the advent of integrated circuits, personal computers will appear in the future, machines the size of a TV that can record all kinds of data and be used for office work. So, this is the technology of the future. Since you like electronics, try to get into the best university and the best major!"

Chen Wenhai was shocked. He never expected that his father, who was nearly 60 years old, would be so knowledgeable about emerging things and even talk about future trends in such detail.

"I am determined to get into the best university."

"go"

Watching Chen Wenhai's departing figure, Chen Guangliang leaned back in his chair, looking thoughtful.

In the second family in the United States, Chen Wenjin is involved in real estate and hotels, his daughter Chen Leyi is involved in biopharmaceuticals, Chen Wenhua is involved in financial investment, and Chen Wenhai will be involved in the technology industry in the future.

Chen Wenhai would graduate in 1974 and join Atari, seemingly able to work alongside Steve Jobs. If he then co-founded a company with Jobs, he could become a founding member of Apple.

Of course, this is just to gain experience in the tech industry. The most important thing is that Chen Wenhai can start his own tech company or become a venture capitalist for a tech company in the future.

Chen Guangliang was very satisfied with this arrangement, and with the third generation of the Chen family's second branch growing up, they would have more choices. (End of Chapter)