Chapter 920: Chapter 689: Making Big Money and the College Entrance Examination
January, 2025.
New year, new fortune, next year will bring big profits.
This saying doesn’t quite fit the Old Chen Family.
After several cash outs in October and February of last year.
Chen Pingsheng currently holds 1.5% of NVIDIA shares, 1% of Microsoft, and 2% of Douyin Group.
These three major shares are basically considered his strategic cash-out stocks for the future, and barring necessity, he won’t make any more moves with them.
After all, they are core shares intended to support the group’s research and developnt going further, and they really can’t be haphazardly touched anymore.
In the new year, the group’s employees are still full of joy, regardless of the external market, Tengying Group has been thriving quite well these years.
To speak of nothing else, just looking at the yearly profit, the growth has been rapid.
Their family is already able to receive stable annual dividends of 30 billion net profit from various groups.
This is undoubtedly a very exaggerated figure, and it’s estimated that before 2028, this figure will further expand to about 50 billion.
Because by that ti, there’s the AI phone with a hundred percent stake, and Tengfei AI might achieve significant profitability.
Barring any unexpected events, before 2030, the most valuable stocks in his hands will fully transition to the existing Tengfei Four Giants.
That is to say, before 2030, whether it’s 1.5% of NVIDIA or 1% of Microsoft,
they will mainly be converted into repurchasing their own Tengfei Four Giants stocks, along with further expanding Tengfei Group’s global research achievents.
1.5% of NVIDIA, calculated with the current market value, is still worth 45 billion US dollars.
Just hoping it can remain stable for another four or five years, that would roughly cover all the funding needed for Tengfei Group’s developnt in the coming five years.
On January 10th, the group began issuing year-end bonuses for the entire year of 2024.
The least received was six months’ salary, and the most could get as much as 12 to 18 months’ salary.
Giving money into the hands of employees is more effective than any motivational speech.
By January 15th, there was less than half a month left until the year-end.
Tengying Group held a large annual eting at the stadium, and Chen Pingsheng’s only summary for 2024 was that the boat had already passed Wan Zhong Mountain effortlessly.
The days ahead will only get better and better.
The group’s traditional sectors can also expand autonomously in their fields on the existing foundation.
They now possess the full capability without worrying about too many restrictions.
At least relying on the green food health supermarket established by Tengnong Breeding, Tengnong mbership stores can be opened nationwide.
People are increasingly concerned about food safety now, and even if green food is sold at a higher price, many people are still willing to pay for it.
This is the future developnt trend of large supermarkets, with the core being green and healthy.
After the annual eting, the only thing left is celebrating the New Year.
Chen An’an is already on vacation, and Er Piya is also on break, as for Little Third Chen Lu,
He doesn’t go anywhere and just stays ho every day, watching his cartoons, and like other kids, playing gas like King of Glory and PUBG.
The little guy is quite skilled at these two gas.
He also always calls Chang Fu’s son to team up with him, and they hold adult accounts to ss with their teammates.
Just give them a phone, and they can play for a whole day.
In this aspect, they don’t seem any different.
The only difference might be when they see sothing unreasonable or when the gas make them angry,
They can say in a frustrated tone, “What kind of crappy ga is this? I want Dad to take it down.”
The profits generated by King of Glory every year are beyond imagination, and its title as a national-level ga is not an exaggeration.
There’s nothing quite like it, not saying none, just that such things are scarce.
In order to play with his son, Chen Pingsheng also learned to play King of Glory.
He especially likes playing Daji, sneaking in the bushes and then suddenly erging to take away an opponent’s life with one move.
Job done, then run, simpler to play than other heroes.
On January 20th, perhaps considering that An’an had a heavy study load during her junior year,
Chen Pingsheng took the family from Xiangjiang, embarking on their super private yacht for an overseas world tour.
This yacht, worth 2.5 billion, can be said to be the pinnacle of yachts.
Bigger than this is not a yacht but is called a cruise ship.
Like the one he’s spending over 40 billion building, just like Cheng Long’s movie City Hunter used in the past, and the Titanic are type of cruise ships.
And this type of ship is called a city on the sea, able to satisfy all sea entertainnt and travel life needs.
Really a configuration only top aristocratic families would have.
The super yacht departs from Xiangjiang, passing through international waters and multiple countries along the way.
The route is pre-reported, avoiding any blockades or pirate encounters.
Everything about celebrating the New Year is wonderful, except perhaps the unexpected drop in NVIDIA’s stock price.
In a single day, Chen Pingsheng lost over three billion RMB.
A typical example of losing hundreds of millions in an instant.
The sea travel is planned for half a month, departing on the 20th and returning only on the eighth day of the first lunar month.
After reaching such a level of wealth, it seems quite normal to arrange for celebrating the New Year anywhere.
There’s no need to necessarily return to the rural hotown to set off fireworks and firecrackers.
Chen An’an and Er Piya both dislike these, preferring grand displays using thousands of drones over ordinary fireworks.
Before 2020, Chen Pingsheng had disposed of all the idle headquarters buildings under the group.
Four or five years have passed, those headquarters assets he sold back then have dropped in value by at least twenty to thirty percent.
So even as much as by half.
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