The Birth of the Magic City's First Conglomerate

Turning thirty is an awkward age. Some people shine brightly and achieve glory at this age, while others find their lives a messy struggle.

Undoubtedly, Chen Pingsheng belonged to the latter....

Chapter 338 Auto Show and Situation

In March, it rains continuously.

Chen Pingsheng, who had nothing much to do, took his big-breasted kid to the auto show to look at cars.

The Shanghai Auto Show boasts the latest top-of-the-line sedans from all major brands.

The new energy super factory he spent 12 billion to build is expected to be completed in August this year.

It only took one year, and China's infrastructure construction maniac has become the fastest in the world, and that is not a false reputation.

After the super factory is completed, it will take another three to six months to complete recruitment, training, and debugging of various projects.

Tengfei New Energy will officially enter the mass production stage.

Of course, during this period, Tengfei New Energy still needs to integrate the technologies of major motors, electronic controls, batteries, and intelligent driving.

The specific production time is probably in the spring of 2018.

It took two years before his Tengfei new energy vehicle could truly achieve mass production.

Produced from PPT.

However, the team is still discussing whether the first car should be an SUV family passenger car or a coupe design that young people prefer.

In short, the design and positioning of the first car are very critical.

Since he hadn't made a specific decision yet, he simply came to the auto show to find inspiration.

What can I say about the 2017 auto show? The car models are definitely beautiful.

I don’t know who complained to them, but the car models are wearing more and more clothes.

Not professional at all.

In the past, it was clearly only covered by two pieces of cloth, and those long legs, ABCDE, whoever had the bigger breasts had the say.

What a pity, I can’t see it now.

The Shanghai Auto Show is held several times a year, and there are always a lot of people attending each show.

Big Brat has two days off, so he has to go out for a walk with his dad.

"Dad, we already have so many cars at home, why are you buying another one?"

"We're going to build our own car, so of course we came to see it!"

There were quite a lot of people there, and the first car Chen Pingsheng saw was a Land Rover.

This year, Land Rover launched a new Range Rover Velar, a mid-size SUV priced between 400,000 and 600,000 yuan.

It has to be said that among the million-level luxury cars, the extended version of the Land Rover Range Rover has no rivals in terms of aura.

The G-Class, including the Cayenne, cannot compare with the Range Rover in terms of aura.

The car model here is a female college student. Although there are regulations that car models can no longer wear triangles, major car dealers will still try their best to let them show their sexiness.

This will gain more popularity.

This young lady was probably a school beauty in school. Her skirt was very short and showed everything that should be shown.

The aura of the Velar is completely incomparable to that of the Range Rover.

Chen Pingsheng still went directly to the young lady and bought two extended versions of the Range Rover, which were newly released this year.

Various prices are available.

"Just deliver it to this address."

He rarely drives a car that costs more than two million yuan.

All of them were taken to Tengfei New Energy for disassembly and research.

He definitely didn't need to pay in installments when buying a car. After he finished buying it, Chen Anan kept saying, "Dad, does Mom know you're spending so much money?"

"I don't even know how your mother spends money!"

Chen Anan said instinctively that she didn't get any extra pocket money during the Chinese New Year this year, and she felt very frustrated.

This time I'm out with my dad, so I have to find a way to buy two things that I like.

In addition to Land Rover's various new models, Lexus also released the better-looking LS500.

The front grille of the new generation LS adopts the Lexus family's spindle design, and the exterior design incorporates the exaggerated design language of the LF-FC concept car, making it look quite exaggerated.

19-inch tires are standard and 20-inch tires are optional. In addition, the new car also uses a hollow rim structure to reduce tire noise.

This century-old car company is quite mature in design. Just take the million-dollar Lexus LS500 as an example, it has few rivals.

The only car in its class that looks better than it is probably the Panamera.

It is a classic model, everyone who sees it will love it.

Chen Pingsheng estimates that there will definitely be new energy manufacturers following Zotye’s example in the future.

Tailor-make your own private-label Panamera, a one-to-one replica.

After all, this car's appearance is really amazing.

He bought two Lexuses at once.

Next door is Aston Martin, the dream of countless young men.

When I was young, I drove a Martin and had no worries about love.

Martin DB11 also released a new car with a V12 engine this year.

This British sports car is characterized by elegance and gentlemanliness.

Seriously speaking, this car is really good-looking, and he has owned it for a long time.

If Tengfei New Energy wants to produce a sports car, it can refer to its design.

The landing price was only 3.5 million, and he ordered two at once.

One is for my own use, and the other is sent to the Tengfei Design Department for research.

He now buys whatever car he likes, and starts with two. His attitude of not being short of money leaves the young girls nearby dumbfounded.

Even Chen Anan said, "Dad, you've successfully attracted their attention again!"

"If they pay attention, then let them pay attention."

Chen Pingsheng said, "Your father has invested so much money in car manufacturing. I will definitely come to the auto show whenever I am free in the future."

Okay...Chen Anan also picked the ones she liked.

There are so many cars at home that it is difficult for her to choose one she likes.

Ferrari also released a GT sports car, the Portofino.

Compared to previous models, this car looks a bit like the Aston Martin we just saw.

The chassis is much higher, so you don’t have to worry about having to stop and grind slowly when encountering a pothole.

Chen Pingsheng also bought two in different colors.

One for my wife and one to disassemble.

Now the girls nearby are completely confused.

I've never seen anyone buy a car this way before. It's just like picking radishes and cabbages.

For Old Chen now, cars worth millions are just like picking cabbages and radishes.

You can pick any clothes you want, and you can buy any car you want.

On January 16 this year, BMW launched the new M760Li xDrive model.

The M760Li is equipped with a 6.6L V12 engine with the same cylinder block as Rolls-Royce.

Although the power parameters are not very exaggerated, it is the fastest accelerating BMW in history.

0-100km/h takes only 3.7 seconds.

It is also the only V12 sedan equipped with a four-wheel drive system.

BMW also aims to use this car to compete with the AMG S65.

The landing price is three million, and Xiao Ka can buy two BMWs with just one swipe.

In addition, he also bought three new Panameras released this year. The Panamera's model design is said to never end.

The most beautiful coupe is no joke.

He would buy different car model designs and take them to the Tengfei Design Department to restore them one-to-one.

Only then can we develop the first car model that is most suitable for the take-off of new energy on this basis.

Buying a car is not the goal, making a car is.

Big Brat accompanied him shopping for the whole morning and insisted on picking out the one he liked.

Her taste is really unique. She doesn't choose any of the luxury cars.

I actually fell in love with the new Mercedes-Benz smart.

A super small micro car costs more than 200,000 yuan.

It wouldn't be wrong to say it's a tax on IQ.

Those who drive a Mercedes-Benz E300 may not be rich, but those who drive a Mercedes-Benz smart must come from a wealthy family.

Otherwise, this thing looks like an old man.

Who is stupid enough to spend hundreds of thousands to buy it?

Chen Pingsheng bought two cars for his daughter, one sky blue hardtop and one orange convertible.

Chen Anan likes it very much and feels like it is a big toy.

There's no need to study this kind of car, just put it in the corner.

After buying the car, Chen Pingsheng went to his own Tengfei New Energy headquarters.

The ecological park has not been completed yet, so we rented a 21-story headquarters building here in advance.

Although his investment in the new energy vehicle field is the largest in China, it is still less than that of Tesla abroad.

Not to mention that it was established ten years earlier, the funding was also far from enough.

He entered this industry not to compete with those domestic companies that cheat on subsidies.

The goal must be global!

First there was the super factory, then the ecological park, and then eight research institutes in the fields of motors, electronic controls, and AI intelligence.

He is already covering the entire industry.

The key point is that he also made the battery factory of the Tengde era independent. In less than a year, he has invested more than 40 billion yuan in research and development.

As of now, the total investment has exceeded 65 billion yuan.

Currently, the person in charge of the entire establishment of Tengfei New Energy is Yan Donghui, the former director of Sany Heavy Industry Research Institute.

The person in charge of component procurement is Zhang Qiming, former President of BMW Group China.

As for the consumer business unit, Xu Dong is in charge, and he is mainly responsible for the core research and development areas.

He was once the vice president of Huawei.

These are also the three pillars that make up the top management of Tengfei New Energy.

Because he came from Huawei, Xu Dong himself attached great importance to R&D, and anyone who has worked at Huawei knows it very well.

Its products do not win by price; the core is to create higher value.

That is to say, leading by core technology.

This can be said to be the same goal as the current rise of new energy. Fortunately, Huawei has not yet entered the field of car manufacturing.

Otherwise, with its strength, it would definitely be able to crush 99% of its opponents.

Xu Dong also directly pointed out that what Tengfei New Energy lacks most at present is R&D talents in AI artificial intelligence.

There is certainly no shortage of general talent in the country, but this kind of top-level R&D talent requires a large number of mathematicians and electronic engineers.

This area is still very lacking.

Even a powerful company like Huawei is still in its infancy in the field of AI compared to advanced foreign technologies.

That was March 9th last year.

AlphaGo, an artificial intelligence program developed by Google, defeated Lee Sedol, the top Go player from Korea.

Shocked the world.

Artificial intelligence then entered the public eye more widely.

Many people may not understand what artificial intelligence is?

Let’s put it this way, artificial intelligence will be able to eliminate 90% of production workers on assembly lines in the future.

You have to know that since the Southern Tour Speech in 1992, what really enabled the country to achieve rapid development was not only the policy of opening up.

The core reason is that we have the cheapest labor in the world.

And the most diligent workers on the production line can work overtime day and night.

It is also because of this that China is able to step into the world.

Due to the high labor costs, large foreign manufacturers have turned their OEM production over to us.

This will solve the employment and income problems of a large number of grassroots workers.

This was also the way to attract investment in that era.

However, once artificial intelligence develops further, this advantage will be completely destroyed.

Large foreign companies can directly use robots produced by artificial intelligence to replace production.

You just need to add artificial intelligence programs into it.

If that really happens, it means that a large number of factories will likely be relocated from abroad.

That is, moving back to their own country, which will lead to an unlimited increase in the unemployment rate.

When assembly line production can be completely replaced by artificial intelligence, only a small amount of manpower will be needed to complete the production volume of a Foxconn.

This will greatly change the situation of insufficient basic industrial chains abroad.

In short, it is definitely not a good thing for the country.

And this is just one application scenario of artificial intelligence.

After all, we have more than one billion people who need jobs and food.

Once foreign major manufacturers return, you can imagine what will happen.

More and more people are forced to join low-threshold industries such as food delivery.

This is the horror of artificial intelligence.

It is also a field that top companies such as Google, Apple, and Nvidia must compete for.

I don't know how much money is spent on this every year.

China started too late in the research and development of artificial intelligence, and there is a lack of such talents.

The core technology of new energy vehicles is still driverless. Although it sounds simple, it requires continuous calculations based on a large number of models.

At this time, a lot of top talents in mathematics and electronic engineering are needed.

This kind of talent can only be recruited from top universities, or by poaching from other large companies.

Everyone is in short supply of top-level talent, but everyone is picky about average talent.

It is already difficult for graduates from ordinary universities to enter large companies.

Academic qualifications are still very useful, of course, you need a high level of academic qualifications.

Ordinary universities and top companies like Tengfei New Energy, which have invested 60 to 70 billion yuan, will basically not recruit any more people.

According to Xu Dong, there are only two ways to make rapid breakthroughs in artificial intelligence.

One is to buy R&D teams from abroad and directly acquire other people's not very mature technologies.

Establish your own R&D center on site.

The second is to recruit talents from top universities, such as the famous University of Science and Technology of China, Huazhong University of Science and Technology, National University of Defense Technology, etc.

The top talents in places like this are all snatched up by big companies.

The core of future competition will still be the competition for talent.

After all, many top companies are not short of money, so it depends on who has a more far-reaching layout.

In addition to artificial intelligence, Tengfei New Energy still lacks some basic car-making technologies.

Including chassis tuning, transmission and drive shaft, etc.

This is also the real reason why Chen Pingsheng wants to buy an old car company abroad. If the underlying foundation is not perfect, all the smart driving built on it will be castles in the air.

It may look fancy at first and attract some people.

Over time, various problems will arise.

This is also a common problem encountered in the domestic automobile market.

Even without counting the independent Tengde Times battery factory, Tengfei New Energy already has more than 8,000 R&D personnel.

If you want to build a really good car, you still have to spend more money.

Another common way to save money is to outsource.

Directly outsource the production of complete vehicles to domestic car companies.

After the car comes out, add some artificial intelligence and put your own brand label on it.

First, there is no need to invest tens of billions to build a factory, and second, there is no need for too much research and development.

Chen Pingsheng himself doesn't trust those OEM factories. The reason is very simple. They can't even produce good cars themselves. How can you expect them to produce good cars for you?

After careful consideration, it is necessary to purchase established car companies abroad.

Completely improve the technology of Tengfei New Energy's infrastructure and then make additional upgrades on this technology.

In addition, he also has to go to those top universities to recruit students.

In addition to recruiting talent, establishing research centers abroad is also a necessary step.

After all, many people who study abroad are not willing to return to China to work.

He never thought about building a really good car.

More than 60 billion yuan invested is far from enough, at least nearly 100 billion yuan is needed.

The annual spending on research and development starts at 20 billion.

Perhaps only by persisting in this way for three to five years can we cultivate a relatively capable new energy technology company.

The 700 to 800 million US dollars in my pocket suddenly became worthless.

It’s far from enough.

Chen Pingsheng returned to the Shanghai headquarters. It seemed that he had to continue making money so that he could gain a foothold in the technology industry.

You have to know that competition in the technology field is different from traditional industries. It has to face competition from the world's strongest opponents.

We can't be careless at all.

He still needs to find a way to solve the talent problem first. The Shanghai headquarters has become increasingly busy, and there is no more idle work and slacking off as before.

It is mainly the business of Tencent Film Group, which has already touched upon the traditional areas of food, drink and entertainment.

There are countless investment projects.

Everyone was busy and having fun during this process.

As of now, Tengying Entertainment is still the company with the highest market value in Tengying Group.

With the full development of short dramas, variety shows, movies, TV series, investments, etc., the market value has reached 120 billion.

Even if we only count his shares in Tencent Entertainment, his net worth is 60 billion.

A top domestic tycoon.

Zhang Wanyi also returned from Manhattan. They didn't hire too many employees there, only about a hundred people.

Most of them focus on Wall Street and global developments.

It is imperative to report any important events abroad back to the country as soon as possible.

In addition to buying back shares of Angler Coffee, the Manhattan branch's current goal is to search around the world for established car companies that may be selling.

"Uncle Chen, March and April are the spring recruitment periods for universities. Our group has been invited by sixteen top universities in Beijing, Shanghai, Guangzhou, and Shenzhen. Here's the list and the dates."

Being invited by top universities for spring recruitment reflects the current core strength of Tencent Film Group.

Chen Pingsheng took a look and found that these schools included well-known art schools such as Beijing Film Academy and Shanghai Film Academy.

There are also top 211 universities such as Shanghai University, Zhejiang University, and Fudan University.

The recruitment data given by the group's human resources department this year is to expand recruitment by 5,000 people.

Most of them will be allocated to companies such as Lujiao Coffee, Snack Express, and Dream Fund, which are about to go public.

Tengfei New Energy’s recruitment plan is not included in this schedule.

They only recruit the highest-level R&D talents.

This requires going to the top scientific research universities.

Even though their market value exceeds 100 billion yuan, they still have not received any admission invitations from Peking University and Tsinghua University.

Chen Pingsheng said, "Let's follow this plan. In addition, in addition to Chu Qiuyan, let Yang Qian and Zhao Mingyu, the CEO of Snack Fast Run, go to the university to give an open recruitment speech.

"Also, a group donation of 100 million yuan will be made to Chu Qiuyan's alma mater in her personal name."

He picked up the girl Chu Qiuyan from a milk tea shop that was less than ten square meters.

He holds two positions: President of Bobo Milk Tea and Vice President of Lujiao Coffee.

Financial freedom must have been achieved a long time ago, and she is still a representative of university entrepreneurs.

The inspirational goddess is also the golden signboard of their group.

"Uncle Chen, do you want to talk to Mr. Chu first?"

"No need. Just treat it as a surprise for her. Giving back to her alma mater after success is a good story no matter how you look at it. Not to mention she's so young, having graduated less than two years ago."

Zhang Wanyi expressed her envy in her real name, saying that this is the true pinnacle of life.

All the hardships in the first half of life turned into sweetness in the second half.

Chu Qiuyan joined Tengying Group and achieved a perfect class leap in less than three years.

A true winner in life.

Each branch of the group has a person in charge who goes to the school for recruitment, but Tengfei New Energy does not.

Chen Pingsheng touched his chin. Logically speaking, Lao Yan, Xu Dong and others were qualified.

Unfortunately, Tengfei is still a new technology startup and has not even done any brand promotion.

If he wants to go to those top scientific research universities to poach people, he has to go there himself.

Tengying Group has formed its own unique operating system.

There are processes and standards for execution from top to bottom, and the most important thing in the next five years is to make Tengfei New Energy a success.

Chen Pingsheng thought about it and decided to go to the research university himself.

He was not familiar with other places, but he was familiar with Huazhong University of Science and Technology in Wuhan.

He asked Zhang Wanyi to arrange time and contact people in Wuhan to recruit people at HUST under the name of Tengfei New Energy.

Zhang Wanyi’s mobile phone contains a network of high-end contacts related to the entire Tengying Group.

If the boss goes there in person, he will be qualified to give lectures at Peking University or Tsinghua University, let alone 211 universities of science and technology.

The fastest rising business tycoon in the past five years, that's no joke.

When he heard that his dad was going to Wuhan, he immediately rushed over.

She also wanted to go, and Chen Pingsheng thought about it and decided to take her with him.

The main reason is that I want her to see the atmosphere of those top universities.

For anyone from the northern province, if their child could get into Huazhong University of Science and Technology in Wuhan, there would definitely be a huge celebration with drums and gongs, and people would go to the ancestral graves to worship for three consecutive days.

The companies that can recruit from such universities are all leaders in their fields.

Seriously speaking, Tengying Group already has a great reputation in China.

Few people know about Tengfei New Energy, and the few news reports about it were all about investment.

Chen Pingsheng is not planning to advertise domestically; he wants to do so in the Premier League.

Tengfei will sponsor Leicester City throughout the entire process to enhance its global reputation. Any brand that becomes famous abroad will give people the psychological illusion of being a high-end brand when it returns to China.

The promotional direction for the coming year will still mainly be in the field of football.

To this end, he is willing to let the club spend any amount of money to introduce Ronaldo or Tinto.

To ensure that Leicester City can advance to the Champions League final from the Premier League.

Once Tengfei New Energy becomes globally renowned, recruiting people will certainly be much easier.

His considerations from many aspects are quite profound.

(End of this chapter)