Chen Pingsheng now mostly handles the affairs of the group through his computer.
Apart from Water Cloud Space, which is still expanding with increased efforts, all other enterprises have started to contract their frontlines.
Bobo Milk Tea quickly disposed of those unprofitable direct-sale stores.
They were either directly transferred or closed to reduce the burden.
Not just Bobo Milk Tea, but Antler Coffee and Fei Yangyang did the sa.
Once the market changes, the entities most likely to crush these physical chain businesses are the exorbitant rental costs of storefronts.
The annual rent paid by these three companies is astronomical, considering the current situation.
In the future, they are very likely to be the first to buckle under the pressure, so changing the direction of developnt has beco of paramount importance.
Closing unprofitable stores and reducing the investnt in direct-sale shops to mainly develop a light-asset franchise model.
This has beco the focus of this transformation.
Of course, physical chain enterprises are definitely the first to be affected.
But industries related to short videos are still showing imnse explosive growth.
Take Tenghui Departnt Store, for instance, which owns all its storefronts, as stable as Mount Tai.
The current situation with Water Cloud Space is similar.
Sales have climbed steadily thanks to the partnership with Xin Teng Live Streaming and Teng You dia.
The sa goes for the stock price.
As for Snacks Dash, the main focus had been the franchise model from the beginning.
A series of investnts were also made in retail manufacturers.
With high cash flow, its pressure is very light.
And as for his own investnts in delivery teams, Pinduoduo, Tesla, etc.,
Their growth is still extrely aggressive.
Overall, his precautionary asures were correct; there's really no need for too much worry.
Regarding Tengfei New Energy, he himself does not understand the technology, let alone the expertise.
The core duty of a boss is to find money, people, and direction.
Currently, Tengfei New Energy shows a very positive growth trend.
And Tengde Era, in which he has invested, was the largest dostic Lithium Iron Phosphate battery factory even before the acquisition.
He then poured in twenty-six billion afterward, resulting in the number of patent applications this year alone almost matching the total of the previous five years.
Chen Pingsheng had just closed his notebook computer.
Then his phone rang in his pocket, which he answered.
It was a call from Er Piya Kindergarten's teacher; Er Ya got into a fight because she was overshadowing the other kids, and two children who couldn't stand it pinned her down and hit her.
But Er Ya is not one to be trifled with, having decently learned Praying Mantis Fist from her sister for a year.
She scratched both kids' faces, fighting back one against two, and was right in the middle of proudly beating them up.
If things had developed to this stage, Pingsheng would not have been angry.
After all, it's just kids being kids, which is entirely normal.
But from the teacher's hesitant words, Er Piya was crying very loudly.
Chen Pingsheng imdiately drove over.
...
Magic City Little Sun Kindergarten.
Er Piya, who was too keen on stealing the lilight, simply could not restrain her prodigious presence, which led to resistance from two peers in the classroom.
Small frictions were a frequent occurrence.
But for a fight to break out during class ti like today was extrely rare.
The other two parents arrived a bit earlier.
Especially that fashionable woman, who didn't say a word before slapping her.
Er Piya was stunned on the spot and then started bawling loudly.
The children hitting her wouldn't have made her cry.
But being hit by an adult, especially without any restraint from that woman, was different.
The fashionable Mrs. Han was particularly domineering, not only hitting Er Piya but also cursing her parents in front of the principal.
One derogatory remark followed another.
"How do you raise a child, allowing my daughter's face to be scratched up like this, do you know who her father is?"
"Lowly people like you, even dying wouldn't be enough to make up for my daughter's injury."
"And you, you wild girl, are you even in a position to hit my daughter?"
As she spoke, she raised her hand to hit Er Piya again.
This ti the principal reacted, "Miss Han, you've caused a huge problem. Do you know who her father is?"
"I don't care who her father is, she hit my daughter and must pay the price."
The woman surnad Han is not the legitimate wife, just a mistress who rose to prominence.
And her daughter's father does indeed have so status in Magic City, especially in the education sector.
But compared to this young lady's father, the difference is more than just a little.
Everyone was too late to stop her when she suddenly slapped her.
And now if she's allowed to act so unreasonably again.
They could all prepare to be laid off and sent ho ahead of ti.
"Miss Han, I advise you to calm down and also imdiately call your daughter's father over, you couldn't bear the consequences of that slap on your own."
The woman surnad Han is not foolish, she's just too accustod to being arrogant.
She just couldn't hold back for a mont.
Her daughter's father is the superior of their superiors' superiors.
Even after repeated reminders, a fool would realize sothing was out of the ordinary.
"Her father is?"
"The boss of Tengying Group."
You motherf**ker... why didn't you say so earlier.
The woman surnad Han was petrified on the spot, stunned, but she still harbored a stroke of luck.
Those with money can't beat those with power.
The boss of Tengying Group, how could she possibly not know.
The most mysterious and low-key big shot in Magic City these past two years.
The woman surnad Han wasn't stupid; she definitely couldn't handle it herself, she had to call her daughter's father over.
Before she could finish dialing the phone, Er Piya had already run over to the newcor, crying her eyes out.
This ti she cried really hard.
For a child's mischief, he was certainly not going to get involved.
But it's a completely different story when an adult gets involved; it's not the sa at all.
If he couldn't even protect his own daughter, what were all his years of effort for?
"Did you hit my daughter?"
"It was just a misunderstanding." Miss Han, dressed in trendy clothes, said stiffly.
"Whether it's a misunderstanding or not, you'll know in a couple of days."
Pingsheng said: "Your daughter is so tough, having a mother like you is really unlucky."
Miss Han didn't realize the true reason behind his words.
Taking Er Piya with him, Pingsheng left directly, and Miss Han thought she was yielding because of her daughter's father's intervention.
Before she could feel relieved, a big incident happened a few days later.
The local authorities in Magic City received a lot of complaint letters about her daughter's father.
What's the situation now, everywhere is cracking down on gangsters and evil forces.
Various anti-corruption actions following one after the other.
Once the number of complaint letters piles up, it'll imdiately attract higher-up investigations.
Unspoken words, the conditions of the rule of law have indeed improved greatly in recent years.
Even achieving an extrely high level of progress.
The simplest example, in the past, buying a driver's license with money was possible, now everyone has to honestly take the test.
These small aspects reveal the gap.
Under normal circumstances, Chen Pingsheng would definitely not employ the power of the group to report insiders like this.
Because that would be a major taboo for private enterprises.
This ti it's different, others could ask him, and he could openly say that he is removing harm for the people.
Doing every citizen's duty to push for social developnt.
It was only today that the woman surnad Han understood what Pingsheng's words ant that day.
It's just that her daughter had a good father, she lacked nothing since childhood, and grew up the sa.
Later, because of her slap, her daughter beca a commoner starting from scratch.
You tell , will her daughter grow up to hate her?
Not to ntion her daughter, at least her man now wishes he could hamr her to death.
Tis have changed; everyone now needs to keep a low profile.
This isn't referring to one or two special groups but the collective, anyone who still dares to cause trouble outside relying on so power in hand.
Acting without restraint, there will be a day like today.
Suddenly going cold.
This kind of thing, others would find it hard to help even if they wanted to, after all, you were the one who foolishly made the first move and ran into trouble.
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