The Birth of Shanghai's First Conglomerate

Many powerful families, including those in ancient times, continued to govern as a family dynasty. However, whether it is a powerful family or an imperial dynasty, the lifespan of a family system is actually limited.

The elderly people on the island are all absolute leaders in their respective fields, including highly educated individuals. Their thoughts and research have far exceeded the limitations of ordinary kinship inheritance.

Not to mention that many people were originally attracted to the island because of the founder Chen Pingsheng's spirit and ideas, including his vision for the future.

Now, Jingyan Island has finally gone through Zhang Wanyi's two ten-year terms, and has moved from a position where the Chen family was absolutely in charge to a balance in all aspects.

If An An is re-elected as dean, the balance will be immediately broken again.

With Chen Pingsheng still alive, the Chen family's position is unshakeable, given his crucial importance.

The Chen family founder's position is irreplaceable, both in terms of spiritual and material aspects, within the absolute domain of Jingyan Island, including the Tengying Group.

If he hadn't made that speech at the family reunion banquet, perhaps everyone wouldn't be so united in opposing An An's succession as dean.

It was because of that speech that Zhang Wanyi firmly supported anyone other than Chen An'an.

Jingyan Island must completely break free from the family system during its lifetime; only in this way can it continue to have a more glorious and longer lifespan.

Old Zhang on the island, along with many other members of the advisory group, basically shared this view.

Of course, if Chen Pingsheng were to step forward again and publicly express his support for his eldest daughter's rise to power.

Then no one will object, they'll just be a little disappointed.

History rolls on like dust in the wind; if you want to search, you can find all the answers you seek in the past five thousand years of Chinese history.

Mu Qingqing probably didn't expect these two to be so straightforward, after all, An'an's status is what it is, and she is Old Chen's most beloved daughter.

Moreover, his past actions have repeatedly shown that he wanted his eldest daughter to take the position of dean.

Perhaps his thoughts have changed again today.

This is the reason for his speech at the family reunion banquet.

Mu Qingqing then asked, "With so many people on the island opposing An'an's candidacy for dean, do you think this will have any impact on the upcoming power transition, including the handover of power?"

"Of course I can."

Old Zhang said, "Once the person we choose wins, he will definitely be more inclined to promote people outside the Chen family. Once An'an wins the election, given this incident, she will probably further consolidate the Chen family's power. Regardless of the outcome on both sides, I believe that as long as the founder of the Chen family is there, everything will be under control."

"When his wife left, the founder said that he wanted to watch the development of Jingyan Island for another twenty years. The reason for this twenty-year period was that he wanted to see a smooth transfer of power and a more balanced situation on the island."

"Everyone has selfish desires, and in their later years they are more easily influenced by their own experiences, including their perspectives and other factors. I believe that the founder of the Chen family will not have any objections to the election results."

He made it very clear that even if An An fails in this election, the founder of the Chen family will not have any objections.

Because this might be the outcome he hoped to see.

After all, if he didn't want the Chen family to lose power, he only needed to stand up and say a few words.

His influence, both on and off the island, is undeniable.

Next, Mu Qingqing asked some questions about things other than the election.

For example, the talent selection and training mechanisms on the island.

These things have already formed a system for the Economic Research Island, which has been developing for decades.

For example, every year they recruit hundreds or thousands of the best people from around the world to train on the island.

Then they will study in depth the current development ideas of the Economic Research Island, as well as the revitalization of major industries.

They will also be sent to various enterprises to learn.

With such a selection process, these top talents must go through multiple rounds of selection before they can hope to achieve something on the Economic Research Island.

The founder now hires countless low-level industry workers every year to participate in product development and the formulation of their benefits.

Over 90% of the elderly on the island felt it was very necessary. What the center of power fears most is not anything else, but being alienated from the market and the people's hearts.

Once they lose market support and public support, their existence becomes meaningless.

Everyone still expressed their support for this.

The things that the Economic Research Island is doing now are mainly aimed at industries related to people's livelihoods. Once it completes this step...

That would be entirely beneficial to the island's future development.

Next, the press corps began exploring this mysterious development hub, a pinnacle of the domestic economy, from various angles.

One thing is true on the island: you can say anything, and you dare to say anything.

There is no suppression or concealment of information here, only the collision and testing of everyone's ideas.

It seems that everyone on the island treats it like their own home; even if they argue fiercely with someone today, they can make up as if nothing happened tomorrow.

Moreover, the promulgation of any major resolution involves a debate between the two sides, the red and the blue.

The red line represents the side in favor and is responsible for proposing favorable conditions to support the resolution.

The blue team, representing the opposing side, tries to find fault with the details, including the negative aspects, to oppose the resolution.

The real estate era was the subject of the most heated discussion on the island.

While land rent-based economics can indeed drive rapid economic growth, it also drains the purchasing power of ordinary people for decades to come.

With all these operational issues at play, it's fair to say there are both positive and negative aspects.

The prolonged downturn in the post-real estate era was merely the culmination of hidden risks.

To achieve sustained economic growth, the island's advisory group, including the founder of the Chen family, unanimously agreed that the best way was to increase people's income.

Only when their income is high will they have money to spend. When everyone has money to spend, the economy will naturally improve.

It can be said that the existence of the Economic Research Island is related to both the transfer of power and the transition.

This core idea has never changed.

Their existence is meant to allow everyone to enjoy the beauty of a stable life while working.

This is what the island has been doing since the earliest talent relocation.

The total amount of money invested in it has reached at least trillions.

We will continue to increase our investment in the future, and that will not change.

A report on the core development ideas of the Economic Research Island, what they are going to do, and the impact of this power transition.

These well-known journalists began publishing their articles one by one.

The island also maintains an extremely tolerant attitude towards these articles, including news reports.

As long as the reporting is fair and impartial, it doesn't matter whether it's good or bad.

No further repairs will be made to Jingyan Island.

In order to present the most authentic picture of the Economic Research Island to everyone.

Starting in May, the Economic Research Island will gradually begin hiring ordinary citizens to visit the island.

In order to obtain the most authentic industry information, including voices from the grassroots.

(End of this chapter)