The last day of April had passed.
Chen Pingsheng had moved to Greater Magic City.
Busy until the evening, he and his secretary Zhang Wanyi, who also hadn’t eaten yet, prepared to go to The Bund to try so authentic local cuisine.
Tomorrow was Gao Hu’s wedding day in the Capital, and a lot of relatives had arrived, but he hadn’t joined in the festivities.
After midnight tonight, Tengying Entertainnt’s investnt in West Red City’s wealthiest man was also about to premiere.
This was definitely one of the top five box office hits of the year, and undoubtedly the most profitable movie Tengying Entertainnt had ever produced. Explore stories at empire
In the past, he might have been quite excited.
Now, it was just okay. After all, he had just earned over a hundred billion and casually spent over eighty billion, so a few billion didn’t excite him anymore.
Magic City was still very bustling, and The Bund was particularly lively.
Countless young people from the north and south admired the night view of The Bund.
It wasn’t long before Jiang Peiyao joined them, and the three of them strolled along The Bund.
"Brother-in-law, are you returning to Capital City tomorrow?"
"Yes, I’ll be living in Magic City most of the ti from now on. Your cousin sister also wants to settle down here."
Capital City was great in many ways, but it lacked a sense of security.
Chen Pingsheng never discussed this aspect with his younger cousin.
"That’s great, then I can co to your house for als every day."
Jiang Peiyao was very happy and even flashed her small tiger teeth while smiling.
"Eating good food every day, you’ll soon eat yourself out of shape."
People with great figures in real life tend to look a bit chubby in front of the cara.
The ideal weight for female stars is around ninety pounds.
"It’s troubling, wanting to eat well but not get fat."
Blinking her long lashes, Jiang Peiyao asked him, "Brother-in-law, can Tengying Entertainnt’s stock price still go up to over forty billion?"
"Of course, it can."
Chen Pingsheng asked, "Why do you ask that? You haven’t put all your savings into stocks, have you?"
"Just a million or so, I don’t have many expenses. I just like to snack every day. When the market value dropped to over twenty billion, I bought so, and many among our trainees did as well."
"Keep it, who knows, it might rise enough to buy you a small apartnt soday."
Chen Pingsheng cautioned her, "Stock trading is risky, and it isn’t easy for you to earn money, so don’t enter the market lightly."
"I know, I only buy our own company’s stock."
Jiang Peiyao giggled.
After walking for a while, Chen Pingsheng invited her to his house.
From his 1.2 billion yuan grand flat, the night view of the Huangpu River was truly the most beautiful.
Sitting on the large balcony, lying on a rocking chair with a cup of Wuyi Mountain Dahongpao tea, life was quite comfortable indeed.
Jiang Peiyao brewed the tea for him, cheerful with the thought that her brother-in-law would be residing in Magic City from next month onward.
The following morning, Chen Pingsheng caught a plane back to Capital City.
The Labor Day holiday had arrived, and Gao Hu’s wedding was held in the Capital. As one of the groomsn, his presence was mandatory.
The wedding was very grand, and the guests were plentiful.
The place was bustling with people coming and going.
It wasn’t until three or four in the afternoon that he found ti to et up with Chang Fu and Zhang Tao.
"Old Chen, I heard you’re moving to Magic City. Why the sudden decision?"
Zhang Tao, also a groomsman, asked.
"It’s not exactly sudden, mainly because at this point, there are so things that must be thought through in advance."
"What exactly are you referring to? I can’t understand."
"You just focus on selling fruits, of course you don’t need to understand too much."
Chen Pingsheng said, "Think about these past years. We can say that by leveraging the traffic from Tengying Entertainnt, we didn’t miss out on any money, but if we talk about real societal influence or contributions, we sadly fell short, rely improving the treatnt of our own group’s employees."
"Isn’t that how everyone is?"
Zhang Tao asked him, puzzled. He didn’t understand why this guy had even started thinking about these issues.
Chen Pingsheng explained, "When you say that’s how everyone is, that was the nineties, when society had just begun its economic reforms and needed businessn to take the lead. The tis have changed now, and this era is about industrial upgrading."
"To put it more simply, the reason businessn can make money is mainly because they are tied to this land. Once you leave this land, you are nothing."
"Do you guys know why new energy has been so hot these last two years?"
Zhang Tao responded, "Isn’t it just because the market has a lot of room and future profit margins are high?"
"What you’re talking about is just a small aspect."
Chen Pingsheng said, "The reason new energy has been so hyped is mainly because it is related to the most critical part of the national economic reform, which is industrial upgrading."
"Just think about it. What has driven the dostic economy these years? Mainly real estate, right? Since real estate was designated as a pillar industry in 1998, and since then, housing prices had risen for eighteen years."
"The state can’t always rely on real estate to prop up the economy. Just like the Small Day era in the nineties—similar to the current situation with dostic real estate—where a real estate bubble ant ho prices evaporated by 90% in a short ti, leading many to leap from buildings."
"At that ti, many experts said Small Day’s economy needed at least twenty years to recover, or it might never revive from that state. But look at Small Day now, without housing prices, it still ranks among the world’s strongest nations in ho appliances and automotive industries."
"Because they had these industries, Small Day was able to quickly recover from the collapse in housing prices."
"Our country, from the early years of the reforms and opening-up to today, has mostly benefited the real estate industry; other industries were initially fulfilling manufacturing for large foreign factories, entirely at the bottom rung."
"Later, in the nineties, the proposal of trading the market for technology was made, and we slowly and painstakingly upgraded industries until today when you look at new energy."
"Cars are undeniably the world’s largest consur goods, with nothing comparable, and in the gas vehicle market, foreign countries have been ahead for too many years; we can’t possibly overtake them."
"But it’s different with new energy. This is a completely new field where our country has the most complete supply chain. It can be said that besides smart phones, the new energy market is another major global opportunity, crucial to a national strategy, which is the direction of industrial upgrading."
"A car is not just a simple tool for running on the road. It also involves thousands of parts, and if you add all these up, you’ll realize it’s a vast industrial chain."
"You’re not thinking of getting into new energy, too, are you?"
Chang Fu asked him sowhat surprised. They had always been rooted in traditional markets where they were almost without rivals. Was there a need to venture into a completely unfamiliar field?
"Whether or not I want to do it is one thing, whether I should do it is another."
Chen Pingsheng said, "Ever since the college lecture by Chu Qiuyan, I’ve been reflecting on why Tengying Group, despite our developnt to this day, remains so fragile, simply because Chu Qiuyan said in a university that she wouldn’t hire rich-background students into the company, leading our publicly listed company’s stock price to completely collapse, even though our business performance was far beyond market expectations."
"Later I began to understand, plain and simple. The main reason is myself, I lack a significant background, and have no powerful backers."
"Secondly, looking at our entire Tengying Group, we haven’t made any substantial contributions to society or the nation."
"We think we are already very wealthy and strong, but in the eyes of the capital market or so people, we are still incredibly fragile."
"Therefore, I must think about how to change this situation, naly by increasing our group’s social influence, or perhaps increase my own influence in society. The best thod would undoubtedly be to participate in the national level of industrial upgrading."
That was quite unexpected.
Zhang Tao had never thought that Chen Pingsheng, who years ago had set up a stall selling durians with him on the street, would now be contemplating such issues.
Chang Fu felt the sa.
All he ever thought about was making money, and what would happen after making money, he hadn’t considered too deeply.
But Chen Pingsheng showed him with his actions.
After making money, one must keep up with the tis.
Or rather, beco a small part of the movent pushing forward the progress of the tis.
Only by doing so could the group be secure, and he could himself feel secure.
Chen Pingsheng planned to raise twenty billion in the next two months.
To officially start on new energy.
Reviews
All reviews (0)