As of now, Tengying Group has beco the enterprise with the largest investnt in the new energy sector.
This follows the sa entrepreneurial spirit they have always insisted on.
Initially relying on the largest investnt to leave competitors in this field far behind, subsequently leveraging on their own business philosophy, and traffic.
They quickly rose to the top.
And then they were unrivaled.
If you look closely at any project, you will find this to be the case.
As long as it’s a project invested by Tengying Investnt.
Even if they quickly spend 15 billion, they still have more than 3 billion in hand.
Chen Pingsheng, with this money, went to Guangzhou to buy a university, building his own Tengying Entertainnt Academy, without his feet touching the ground.
Just like Water Cloud Space, building everything from scratch would take at least two years.
Buying an existing university and spending a few billion on restoration and adjustnts, and you get a brand new one.
He bought a thousand-mu university in Huadu, Guangzhou, for 26 billion.
Then he prepared to spend 3 billion on restructuring and renovating, expecting to officially start school by mid-September.
Since it was originally built for rural people, a later school opening didn’t matter much.
The entertainnt industry is murky waters; if it gets to the point where the poor can’t enter,
It would degrade like soccer, getting worse the more you play.
After digesting this super fund, Tengying Group visibly took a big step forward.
First was Tengfei New Energy, which had received the most investnt.
It beca the dostic project with the largest investnt in new energy technology and had the most research laboratories.
It also independently undertook the full research institute of batteries, motor electronics, and artificial intelligence.
Water Cloud Space has beco an insurmountable mountain in the high-end beauty and wellness industry.
Not to ntion owning a twelve-story headquarters building in Magic City, it also has a 1,200-mu private training headquarters academy.
With this configuration, who else could surpass them?
Not to ntion Tengying Entertainnt, which directly bought a university in Guangdong for 26 billion, establishing their own advanced arts school.
The key thing is that the university was not invested by Tengying Entertainnt itself, but the university land was bought by its boss, who then rented it out at a low price for their use.
As soon as the news broke, the stock price soared on the spot.
In just one day, Chen Pingsheng, through the rise in stock prices,
Earned back the money spent on the land purchase.
Don’t you think that’s exaggerated?
Tengying Entertainnt also officially beca a giant entertainnt group with a market value of over 60 billion.
In addition, Tengchao Comrcial Managent, headquartered in Xiangjiang, has comrcial assets of about 34 billion.
They generate a net inco of five to six hundred million a year just from the rent of their own properties.
For a business to reach this step, it’s already impossible to go bankrupt.
After Chen An’an grows up, she would have the ans to blow two million every day.
This is the change to their family after fully digesting this asset.
It can be said that regardless of the project,
With continuous funding, they can all make significant progress.
...
In the last few days of July.
At the spoiled brat’s strong insistence, Chen Pingsheng took a day off.
Then he took the family’s Liwa Yacht out to sea for fun, and invited Yang Kang, Chang Fu’s family,
And old schoolmate Yao Anni to join.
Yang Kang’s daughter is only eight years old, similar in age to the spoiled brat, one a natural-born scholarly prodigy, the envy of other families,
The other is a natural-born academic flop, good at eating, drinking, and having fun.
Surprisingly, the two could play together, mainly because Chen An’an taught Yang Xiaole all the things she knew.
How to deep-sea fish for sharks, how to eat a super-sized shrimp,
How to play the erhu, and how to drink hundred-thousand-dollar red wine mixed with Sprite.
With Yang Kang’s family’s inco being what it is, Yang Xiaole was easily fooled by Chen An’an.
The sumr sun was still intense in July, even with the air conditioning on while sailing in the sea, the heat of sumr still hit them hard.
The yacht docked in Magic City, valued at only about 60 million,
Was already enough to make the average family look up in envy.
Chen Pingsheng wore a black pair of sunglasses, watching Chen An’an, who was making a fuss outside, with a serious expression.
She had gone to catch large shrimps, and had specially looked up on Baidu for the three must-know skills for deep-sea shark fishing before coming.
She was only half-skilled herself but was already teaching Yang Xiaole how to hold a fishing rod.
"Old Chen, you spend money quite fiercely!"
"Fiercely? You have to spend to earn," replied Chen Pingsheng. "Next month I’m going to Xiangjiang for the president class, and so classmates there are much richer than , including the founder of that short video platform you’re currently ssing with."
"Who, Du Hua?"
"Who else but him?" said Chen Pingsheng nonchalantly. "His company’s valuation this year is 25 billion US dollars, and it’s bound to develop further. The internet celebrity e-comrce live streaming business I set up in Guangdong will officially start in September. Xin Teng Live Streaming will officially launch on September 20, let’s see if it can occupy the market of Douyin internet celebrity e-comrce like Xin Teng Live Streaming has done." Your journey continues with empire
Chang Fu teased him, "You’re unmatched, you have everything prepared before Douyin has even launched; you don’t even know if it’s going to be a success. What if it doesn’t work out and is taken down by Kuaishou?"
"If it fails, I’d just waste a billion or two, what else!" Chen Pingsheng said. "If I didn’t feel that short videos could occupy a large amount of young people’s ti, do you think I’d need to make money through internet celebrities?"
"It’s just about laying groundwork in advance, seizing the traffic channel of short videos. When Douyin officially launches in September, apart from sending a group of my own people over to compete for the internet celebrity track, I’ll also put out two billion, and whoever gets popular fast, I’ll sign them."
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