Yao Shan and Jiang Hong's wedding was extremely grand.

A large number of core technicians from Tengfei New Energy also came.

Chen Pingsheng was originally a matchmaker, and now he serves as the witness for the two of them.

Then you have to have a couple of drinks.

Time passed slowly and it was the Lantern Festival. After eating Lantern Festival dumplings at home, Chen Pingsheng prepared to resume his normal work of 18 years.

His wife has already been flying around and busying herself everywhere, while he is still leisurely at home. This is not acceptable.

2018 is definitely the best year, whether it is the entertainment industry, real estate, or the current short video industry.

In January, Tencent Film Entertainment launched a grand trainee competition, and the talent show officially began.

House prices are still skyrocketing this year, and this is the last time for ordinary people to cash out.

Price increases to reduce inventory have continued to a historic high, and if it continues to decline, it is bound to usher in an epic turning point.

Chen Pingsheng even sent an open letter internally to warn all employees about this wave of price increases.

To put it bluntly, it means not allowing employees to take over at this historic high point.

If the house is not taken over properly, it is no joke that ten years of work will be in vain.

He cannot speak to the outside world like Lao Ma, but it is not a problem for him to express his opinions within his own group.

Not only real estate, the entertainment industry is also experiencing its final big boom.

Even Douyin, a short video platform that has been established for less than two years, has seen a surge in traffic this year.

Countless young people flocked to try to change their fate by shooting short videos.

In fact, this has indeed become the easiest way for the new generation of young people to get rich by crossing the wealth class.

Internet celebrities have become a force that cannot be ignored in this era.

There are good and bad things.

The advantage is naturally that young people can realize their dream of wealth, which they could not realize in the past ten or even twenty years, in just one year by shooting short videos.

It gives most young people a fair chance.

The disadvantages are also obvious. If you ask around, you will find that more and more young people, even students, no longer want to be teachers or scientists when they grow up.

But an internet celebrity.

The internet celebrity economy truly experienced a huge boom this year.

If you look at it this way, this year is indeed the best year and an extremely brilliant year.

By attending Yao Shan's wedding, Chen Pingsheng gained the reputation of a good boss who values ​​technology.

He then issued a document directly within the company, stating that any intermediate technician who reached T4 to T6 would receive a wedding gift of 500,000 yuan.

The serious illnesses of his parents, wife, children and other family members are all covered by the medical fund he personally established.

Technical experts in the T7-T8 field not only enjoy free medical care provided to them personally, but also to their entire family.

The first marriage also enjoys a million-dollar dowry.

A young man grilling skewers on the street shot two random videos and ended up becoming an Internet celebrity. He made tens of millions a year, drove a Rolls-Royce, and married a beautiful and wealthy Internet celebrity.

However, for R&D personnel who have studied hard for decades or even worked hard, it would take a lifetime to achieve this income.

To a certain extent, the impact on society is definitely more harmful than beneficial.

Even though he owns two huge internet celebrity economic groups, he still said this in his New Year's speech.

Because internet celebrities cannot increase a group's core competitiveness, let alone participate in a country's global business competitiveness.

All it can do is set a bad example for young people.

Scientific and technological research and development are the foundation of a strong country.

Future conflicts between major powers will definitely involve direct clashes in this area.

Therefore, at the beginning of the new year, he issued three documents in a row to emphasize the core position of technicians and R&D talents in the entire group, including within the enterprise.

They even provide them with adequate pensions and free medical services, and give them a good gift money for major events such as marriage and childbirth.

Of course, this is only for first marriages.

Tengfei New Energy has been established for almost two years.

We currently have over 60,000 core technical personnel, excluding the core city of Shanghai.

Major research centers are also spread across Beijing, Wuhan, Shenzhen and other places.

Tengfei New Energy, which has invested over 100 billion yuan, has also reached the final stage of the breakthrough.

It will take at most eight months until the test release of the first new energy vehicle.

After completing the six-month test, his biggest trump card, Tengfei Technology, will officially enter the historical stage of China's industrial upgrading at the end of 2018 or even in 2019.

To this end, Chen Pingsheng once again cashed out 10% of Tengying Entertainment's shares. After obtaining 12 billion yuan in funds, he took out 8 billion yuan to supplement Tengfei Technology's R&D funds in the second quarter of 2018.

Unlike other companies, technology companies may fail to make sufficient preparations in the financial field in advance.

Then all its research and development work will be limited to the current work.

And we cannot prepare for the next five or even ten years with peace of mind.

Therefore, Chen Pingsheng would transfer the full amount of R&D funds needed by Tengfei Technology to the company account at least two quarters in advance.

This concerns the future of the company, and he will definitely not be negligent in the slightest.

Even if it means cashing out Tengying Entertainment's shares until only the last bit of controlling stake is left, it will be worth it.

He now only holds a 20% stake in Tengying Entertainment, which has been with him throughout his growth.

And the market value remains 160 billion.

This is probably the highest market value. Not falling is the biggest victory.

Even the dominant position in the entertainment industry cannot reach the 200 billion mark.

Unless Tencent Film Entertainment can produce a globally popular movie, which has proven unlikely.

Therefore, he also had to cash out when the price was at its historical highest point.

Transfer this money to stocks with greater appreciation prospects.

He used the remaining 4 billion to increase the value of Pinduoduo's IPO.

Ensure that your 3% stake is not diluted.

He likes long-term investing and is keen on investing in super large companies.

He now owns 3% of shares in companies such as Pinduoduo and Meituan.

Another super-large company is Tesla, of which he currently only holds 2%.

Once his Guazi used car company is listed, he will definitely increase his holdings.

At least the proportion of these shares must be purchased to 3%.

New energy vehicles have a very special status in China. Unless there are unexpected events, Tesla's stock price is destined to continue to rise in the long term.

With his wealth, he doesn't need to invest much.

We are optimistic about several super large enterprises, and long-term investment and holding are the key.

As for why not investing in BAT, the reason is very simple.

They have already reached the domestic ceiling. If they fail to open up overseas markets, this will be a typical case of infighting.

It is impossible for the stock price to continue to rise like it did ten years ago. As for Moutai, a company listed on the A-share market, the market value of a liquor company exceeds one trillion yuan.

He still hasn't figured it out.

It is even more impossible to arrange your own assets among them.

After 2018, he will not only have to determine the group's development strategy for the next five years, which will focus on R&D technology.

You also need to quickly arrange your assets in a new round during this process.

Tencent Entertainment, which is at its historical highest point, should be sold now.

It would obviously make more sense to use this cashed-out money for research and development and to increase holdings in Pinduoduo, which is preparing for an IPO.

As for the shares of other listed companies of the group, including Bobo Milk Tea, Tenghui Department Store, and Snack Kuaipao, Feiyangyang only has 5% left.

There is no possibility of cashing out anymore, and all that remains is to maintain stable operations.

Only 5% of Lujiao Coffee's original shares remained, and 15% was recovered from the secondary market through Muddy Waters' short selling.

Lujiao Coffee is going global and its stock price is far from reaching its peak.

It is not yet time to cash out his 15% of scattered shares.

Tengying Entertainment and Yateng Short Drama both have 20% left.

Tengying Entertainment can only cash out a large amount once a year at most. Any more than that will easily cause panic in the capital market.

So there will definitely be no cashing out this year.

There will be a six-month lock-up period for Yateng's short dramas after they are launched.

It is expected that the assets will not be officially cashed out until the second half of the year, and this part of the assets will also be cashed out when the time comes.

The threshold for short dramas is too low to support long-term development.

As for Xinteng Live, only 8% of its shares are left, so it doesn’t matter whether it cashes out or not.

Just wait for a good opportunity to cash out the extra 3%.

It can also activate the random amplification of the golden finger, and the total of the two sides should be about 30 to 40 billion.

The most valuable share in his hands has become Tengyou Media, which he started to cultivate two years ago.

After waiting for so long and spending billions, we finally saw TikTok grow bigger.

His 80% stake is extremely valuable.

When talking about Tengyou Media, we have to mention another failed investment.

Penguin is unwilling to give up the dividends of short videos and has invested heavily in supporting its own Weishi.

Even he thought that with the strength of Big Penguin, it should be able to dominate the market by one-third, but it turned out that Weishi was even more useless than A Dou.

Even with such a good father, he is still completely unable to help me.

All the 500 million he invested was wasted.

Now all the internet celebrity teams from Weishi have been withdrawn to Tengyou Media and Xinteng Live.

Completely give up on Big Penguin’s WeChat.

He has made many failed investments in recent years, but none of them was as disastrous as his investment in Weishi.

Not only did they not get anything, but they also wasted a lot of manpower and resources.

Now I know the opportunity is not right, so I'll just run away and not continue playing this game.

The big penguin must be even more depressed.

Not to mention the amount of money invested, even the traffic invested is beyond imagination.

Treating a project like a son is like raising a child, and the result is like this...

After Chen Pingsheng reorganized and sorted out his most important assets, all that remained was to push forward the listing plan of Guazi Used Cars, an internet company that he had also nurtured for three years.

With the money, he will buy Tesla shares.

Although he and Tesla are destined to be competitors, this does not prevent him from making money for himself using Tesla stock.

Such a global new energy company that has been established for more than ten years has been introduced to China, a country that treats new energy as its own son.

It is difficult to imagine the future stock price, but Chen Pingsheng has no doubt that it will exceed one trillion US dollars one day.

How could he not increase his holdings under such circumstances?

Once the asset restructuring is completed, he won't have to worry too much even if he faces waves in the next three to five years.

After all, he has moved his money into so many baskets that are still rising rapidly.

The ability to resist risks is stronger than you can imagine.

(End of this chapter)