The Birth of Shanghai's First Conglomerate

Tencent Group is ultimately a highly diversified business conglomerate.

Although the things I do every day seem fragmented, they often feel like a game of whack-a-mole.

After dealing with this, we have to deal with that other place immediately.

Just after Tencent Entertainment banned the production of dramas featuring women rising up after divorce, which have distorted values, many feminists have come forward and made veiled statements on various websites.

The general idea is to advocate for women's rights and pursue personal independence and equality of value.

These women are usually unemployed and stay at home, spending their husbands' money and using the phones and bags their husbands buy for them.

Then they also pursue so-called personal independence and gender equality.

Actually, the real inequality is among men, okay?

This can be seen in the increasingly outrageous bride prices.

Chen Pingsheng recalled the famous industry jinx, Teacher Luo, who once criticized a certain mobile phone review expert, Ziru.

He said that since you've taken their money and are already being kept by them, you shouldn't talk about personal independence.

That's all nonsense.

Both of them are talented individuals.

One can deliver a stand-up comedy routine the moment he opens his mouth, while the other is utterly shameless.

"Uncle Chen, An'an chased away all those people at her door."

Chen Pingsheng nodded, "My eldest daughter is good in every way, except that she is a little too kind-hearted. Once she understands how to spend money, she will probably grow a lot."

Spending two small goals each year to raise a daughter is something that very few parents can actually do.

Lin Qiunan also keeps a close eye on the Anle Foundation and reports any developments immediately.

She certainly wasn't qualified to comment on the group's heiress, so she shouldn't respond to such matters.

"Uncle Chen, the group headquarters' quarterly meeting is in two days. These are the financial reports of the major companies for the last quarter."

The headquarters holds quarterly meetings every three months, mainly to summarize the work done over the past three months.

Chen Pingsheng could tell from the financials alone that the situation in the second quarter was mixed.

The good ones are emerging economic sectors like Deer Antler Coffee, Snack Run, and Tengyou Media.

The downside is traditional businesses like Fei Yang Yang Catering, Teng Sheng Fruit, and Bo Bo Milk Tea.

Teng Hui Department Store is in the middle and has always been relatively stable.

Just as he had predicted, the milk tea industry began to experience intense competition.

They run away and fleece the people one after another.

This industry has officially entered a period of disorder, and young people nowadays are particularly fond of starting a milk tea business.

Countless people are using their parents' money to start franchises.

On a slightly bustling street, there can often be more than a dozen shops, all lined up together.

Under these circumstances, it's quite normal that Bobo Milk Tea's second-quarter financial report fell short of expectations.

Although it did not meet expectations, it remains the undisputed leader in the entire industry.

As for Fei Yangyang, after leaving Gao Hu and his founding team, things went into chaos for a long time.

Although things stabilized quickly afterward, the impact on performance remained significant.

Surprisingly, the one who made the most progress was the Shuiyunjian department, which was managed by his wife.

Even disregarding the growth from the "golden finger" (a term referring to a specific financial strategy), Shuiyunjian's annual profits have been steadily increasing.

Currently, it can basically maintain a net profit of over 3 billion yuan per year.

Once the more than 200 stores in these eight cities stabilize, the revenue should be able to remain between 6 billion and 10 billion.

The profit margins for high-end beauty treatments are too high, especially for those equipment-based procedures.

Any one of these jobs can easily cost hundreds of thousands.

Even if you sold milk tea until you were sick of it, you still wouldn't make this much profit.

No wonder his wife loves shopping more and more; it turns out she has so much money she doesn't know what to do with it.

Chen Pingsheng didn't ask her how much money she had left.

"Tell Qiuyan that Yang Qian and Chang Fu should come to headquarters first."

Lin Qiunan went downstairs to make phone calls to these big bosses, while Chen Pingsheng stood in front of the floor-to-ceiling window, quietly watching the Huangpu River.

To be honest, he's thinking about starting his own university.

It's not a prestigious university; it's just a typical management school for self-employed individuals and ordinary employees.

Education is the foundation of a nation, and he has so many employees now.

A dedicated management college should also be established.

Fortunately, he didn't lack the money.

Tengying Group has no shortage of talent in this area.

If possible, he would like Chu Qiuyan and Chang Fu to work part-time as teachers at this college.

Firstly, it can cultivate the younger generation of the group more quickly, and secondly, it can also contribute some of Tencent's experience to society.

It's a win-win idea.

Let's see if Qiuyan and the others have any ideas later!
Chu Qiuyan went to Hangzhou and will not be back for some time.

Chang Fu and his wife Yang Qian arrived very quickly, partly because the quarterly meeting was about to be held.

These two returned to Shanghai early; otherwise, they would have stayed in Hong Kong for a long time.

The advantage of staying at the Hong Kong headquarters is very obvious: you don't have to entertain this person today and that person tomorrow.

Besides, staying in Hong Kong is a great option if you have the means.

"Old Chen, you didn't call me here just to ask me to have a drink, did you?"

"I don't have that kind of free time."

Chen Pingsheng said, "I called you here to ask you something else, to see if you're interested."

"What's the matter?"

"I'm thinking of starting a Tencent Management Academy, with an investment of around two billion yuan. I'd like to know if you'd like to be a teacher there!"

"That's a great idea!"

Chang Fu said excitedly, "You don't mind that I only have a junior high school education, so what else can I say? If I can become a teacher, my wife will be fine too, right?"

"She's definitely got it. She's the CEO of a listed company worth tens of billions. Others would kill for her."

Where do you want to hold it?

"Jinshan, it's close to my Future City headquarters."

Chen Pingsheng's Jinshan Future City has a total investment of over 50 billion yuan and is the largest group headquarters in China.

Tengying Forest Town covers more than 600 acres.

And the Tengying Apartment Complex, which covers more than 300 acres and has 15,000 units.

The last one is the Tengying high-end community, which covers an area of ​​over 1,000 acres and is planned to house 100,000 people.

All things considered, the total investment amounted to over 50 billion yuan.

It's a large-scale facility that has only been under construction for a year.

It's not clear what's going on yet; all we know is that the area is still under construction.

These sections together will form the future Tengying Town.

Building a management college there now would be the icing on the cake.

Add the talent education section.

Chang Fu wasn't just interested, he was extremely excited!

With his educational background, he can become a teacher; that was something I never dared to dream of before.

Oh... I almost forgot.

Old Chen has the same educational background as him.

The two of them combined haven't read as many books as Yang Qian alone.

Chang Fu also suggested that Zhang Tao be invited along.

This guy sells fruit very well, but the competition is too fierce.

There are hardly any barriers to entry.

Earning a stable 700 to 800 million a year is already the limit; there's not much chance of earning more.

Zhang Tao is mainly based in Beijing, and I often visit his home after coming to Shanghai.

He rarely comes to the group headquarters.

Chen Pingsheng also called him and, after discovering that they both had an interest in becoming teachers, he decided to invest two billion yuan to establish a management college.

With the remaining billion, there's no need to think about anything else; let's just go there and build our own Tengying kindergarten, hospital, primary school, and junior high school.

It's not planned to be open to the public; it's only intended to increase benefits for the group's employees. Once all of this is completed, it will be exactly like a self-contained little society.

Of course, one billion is definitely not enough.

There may be an additional 2 billion yuan investment in the future, but that's nothing.

What he wanted was to completely transform Tengying Town into the ideal place he envisioned.

……

It was already four o'clock in the afternoon when Chu Qiuyan returned.

He was almost off work and going home to spend time with his child. He didn't have much to do, except mention asking her to be his teacher.

Chu Qiuyan was also very interested, but she didn't go there to teach every day; she only needed to give one or two lessons occasionally.

Just like at the University of Finance and Economics, if you want to go, just say so; if you don't want to go, just cancel the course.

When I got home, Erpiya was still at home doing a live stream, sticking her butt up. Even dogs wouldn't want her at her age.

It's good to give her a hobby, so she won't be bothered all the time.

It just ruined the vegetables her grandmother had grown.

Erpiya is very creative and has had high-end ideas since she was a child.

For example, how to grow a small cucumber on a potato, or how to put a small loofah on a cucumber.

how to say?

Anyway, her interests are quite unusual, and sometimes she would ask him questions, which Chen Pingsheng could never answer.

Later she asked netizens.

This generation of netizens truly lives up to their reputation as Gen Z; their wildly imaginative ideas are simply too numerous to count.

In order to induce gene mutation.

They even proposed the idea of ​​hybrid vegetables.

For a moment, he was stunned by this brilliant idea.

They couldn't wait to find some big shot and ask for billions in funding.

We'll start researching it immediately.

Most people just talk the talk, but Erpiya actually did it.

Even though every inch of land in Shanghai is incredibly expensive, she can still take a small hoe and turn over everything from one end to the other.

She turned her grandmother's vegetable garden into a complete mess.

Erpiya heard a noise outside, and when she saw it was her dad, she tilted her butt and started digging again.

She's really something else.

Chen Pingsheng told her to stop, and Erpiya immediately bombarded him with a million questions.
You can ask whatever you want, but the problem is he can't answer any of these questions.

Let this little girl do whatever she wants!
After he went back to his room, he sent a video to his wife, asking her when she was going back to Shanghai.

Song Yanxi said there were still two or three days left, so Chen Pingsheng grabbed his belt and decided to take a shower first.

Life is pretty boring when my wife isn't home.

Time flies, and before we knew it, it was time for the younger generation of the Chen, Song, Peng, and Liu families to gather.

The gathering was not held anywhere else, but at the super private club that Chen Pingsheng bought for over a billion yuan.

Located halfway up a mountain, it covers an area of ​​over 2,000 square meters and has three floors.

It's a very secluded private resort; most super-rich people have their own top-tier private clubs.

It's nothing special.

There are currently more than 30 members of the Chen, Song, Peng and Liu families representing the younger generation in Shanghai.

The one who fared the best was his sister-in-law, Song Wu, who was also his wife's younger sister.

Annual income is around 200 million.

He was one of the first in the family to rise to the upper class through his own abilities.

Song Wu and her husband Yang Ziwen sat in the second row, and the only person who could sit above her was her sister Song Yanxi.

Secondly, the loud and boisterous Song Shuiqing is doing quite well now, earning four or five million a year without any problem.

Next, Song Jun did quite well; he wasn't particularly capable, but he had a good wife.

The ones below that are just so-so.

Two years is still too short a time, and these people don't have any magic tricks or powerful connections, so we need to patiently observe them for a few more years.

His wife, Michelle Song, also came back, and the two of them were quite flamboyant, each driving a car.

He was mainly going to the group later, while Song Yanxi was going back to the Shuiyunjian headquarters.

Chen Pingsheng also noticed something else: most of these people found girlfriends after coming to Shanghai.

He was somewhat surprised to recognize one or two of them.

"You must be Meng Yuanyuan. Your dad gave me a business card."

Sitting below, Meng Yuanyuan is a second-generation rich kid from Shanghai, though her family isn't exactly wealthy.

But he's definitely not someone my cousin Chen Tan can compare to.

These two are actually together? How did this happen?

"Uncle Chen, my dad often mentions you to me. He says that you are the person he admires the most."

Meng Yuanyuan was very polite, and had the air of a well-bred young lady.

Her father started his business in the 1990s and has many businesses in Shanghai.

The largest of them is a four-star hotel.

"Yes, I met your dad at the party. When you get home later, you can have him come to my company."

Chen Pingsheng didn't directly point it out that Chen Tan was his second uncle's youngest son.

I attended primary, middle, and high school in a small town.

He went to an ordinary university, yet he managed to find a girlfriend like Meng Yuanyuan.

The meaning couldn't be clearer; it's just a mystery how the two of them met.

Song Yanxi tugged at his sleeve and whispered in his ear to explain some things.

It turns out that Meng Yuanyuan's mother was a customer of Shuiyunjian.

She met his wife by chance, and then she mentioned that she had a daughter who was about to be married.

Song Yan thought that instead of letting her relatives search aimlessly outside, it would be better for her to introduce some suitable and reliable families.

Chen Pingsheng didn't know where she got the idea that Chen Tan and Meng Yuanyuan were a good match.

Chen Tan's father was also his second uncle, and he was a genuine pig farmer.

Even if Meng Yuanyuan's father wasn't high-class, his family still had assets of one or two hundred million yuan.

This isn't a match made in heaven; it's practically a marriage of convenience to a wealthy heiress.

Chen Pingsheng didn't know how to comment. He knew that if it weren't for his connection, Meng Yuanyuan's parents would never have allowed their daughter to date someone like Chen Tan.

That would drive the two elders to their deaths with anger.

Song Yanxi has such a wide network of connections as a wealthy woman; she just doesn't want to see these people going to those shady nightclub girls anymore.

One of them was particularly bizarre; he actually hired a sauna attendant.

He said the girl was nice and only went to regular saunas.

I only went through an irregular relationship with him because of love.

Then he discovered his true love.

"Damn it!" Chen Pingsheng was both amused and exasperated when he heard the news.

Are there any legitimate saunas?
How come he doesn’t know!

This guy was blinded by greed; he was eventually sent home by a single sentence from him.

Someone this stupid isn't really suited to stay in Shanghai; raising pigs at home would be more appropriate.

Now that his wife is in charge of making arrangements, things are definitely much better.

Instead of going through the trouble of recruiting them one by one, it would be better to let them find some decent local residency permits in Shanghai.

Song Yanxi is currently trying to introduce potential partners to Song Shuiqing, and she hasn't refused.

My cousin's recommendation is definitely good; it's much better than her looking for someone outside on her own.

Families like theirs are actually quite afraid of free love, and even more afraid of people getting carried away in love and acting recklessly.

Meng Yuanyuan was overjoyed to hear that Chen Pingsheng wanted to meet her father.

No one understands the true value of the man in front of them better than these local heiresses.

If it weren't for him, she would never have dated Chen Tan.

(End of this chapter)