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 437 Departure to Guangdong

Two days later, his wife Song Yanxi flew back from Xiamen.

In a few months, Shuiyunjian College will graduate 10,000 trainee beauticians who have been trained for two years.

With such a large number of graduates, his wife started expanding into eight second-tier cities as early as last year.

I've been so busy that the shop has been renovated now. All that's left is to remove the odor and get these trainee beauticians in place.

Chen Pingsheng was sitting in his tea room, watching the news and drinking tea. After Song Yanxi knocked on the door and came in, she asked him what he was watching!

Chen Pingsheng said: "HNA's explosive news."

"Didn't this already happen last year?"

HNA is the largest private aviation group in China. In the early years, it was addicted to acquisitions and expanded wildly everywhere.

As a result, it was revealed last year that the company's total debt reached 750 billion yuan, with an asset-liability ratio of 70%, and it was simply unable to repay its debts.

It was only then that everyone realized that this super-large aviation group had become like this.

"Yes, the bomb that exploded last year, the local government should find a way to provide relief this year."

Chen Pingsheng closed his computer and turned around to say, "The era of wild growth is over. The previous blind expansion is no longer suitable for this era. All business development must strive towards high quality."

"Yeah." Song Yanxi nodded, particularly agreeing with this point of view. "It's a good thing you proposed the group's tightening strategy last year, otherwise we would have easily fallen back on this old path of blind expansion."

"We have tightened the rules, but there are still many companies that have confiscated the money."

Chen Pingsheng talked about some people he met in the past two days, including Lao Wang, a prominent figure who has been ranked as the richest man in China by Forbes for two consecutive years.

He grabbed two major overseas projects that he shouldn't have grabbed, which disrupted the top-level development strategy and led to a financial tightening for the group.

What was once a sure thing to go public is now unlikely to happen, and we have no choice but to keep trying to survive.

In addition to him, Xu Daizi also tried to invite him through some football leaders, but it was unknown what they discussed specifically.

But what is certain is that Xu Dai is still expanding rapidly and the group is also distributing high dividends every year.

With all these things going on, the vision is simply too obvious.

It's not just the real estate industry that is tightening. Internet companies have also been strongly questioned by the majority of the public since the vegetable selling incident.

It was clear that the wind was beginning to change again.

The government will no longer support the so-called Internet economy, but instead support truly export-oriented economies.

That is, companies that can make money abroad.

Internet companies that rely solely on making money from Chinese people will find it difficult to receive policy support.

This is a strong signal, and it is also a response that these people must take.

Song Yanxi ignored all that and instead talked about something else. "Being at the top of the Forbes list is truly a dangerous job. With the exception of Li Ka-shing, it's a miracle for anyone who makes it to the top to make it back on the list."

Heh… Chen Pingsheng chuckled. “The truly wealthy are all hidden deep down. How could they be exposed so easily by a media outlet? If we really had to rank the top of the list, who could surpass Li Ka-shing?”

This is true.

They often go to Hong Kong and naturally know that Li Ka-shing made a net profit of HK$118 billion in 1999 just by selling a European telecommunications company.

Later, it perfectly hit the rise of the mainland real estate market.

No one can tell how much money he actually has just by buying at the bottom and speculating on land.

Among the Forbes rich people from mainland China, even if the top five combined, they can’t compare to him in wealth.

This is not an exaggeration at all.

"You're back just in time. I have something I want to discuss with you."

"What's going on?"

"I want to take An An and Er Pi Ya to Guangdong for a while."

"Why go to Guangdong if you have nothing to do?"

Song Yanxi asked him doubtfully, and Chen Pingsheng said:

"I just want to go because I have nothing else to do. There are two reasons for this. One is that I hope to broaden their horizons, and the other is that TikTok has grown so rapidly this year that I want to stay at Tengyou Media for a while."

Their family has big villas everywhere, so moving is like a piece of cake.

There is also a large flat in Shenzhen worth hundreds of millions of yuan that I have never lived in.

Tengyou Media has invested tens of billions of yuan and has been developing for almost two years.

Putting aside Tengfei New Energy, this is definitely the most monetizable super-large Internet celebrity group of Tengying Group in the future.

Even surpassing Xinteng Live, which relies on Kuaishou for its growth, is no problem at all.

It is very likely that the valuation will exceed 100 billion yuan.

Therefore, Chen Pingsheng must go there to truly understand Tengyou Media.

"Can you handle it by yourself with both of them?"

"What's so busy about that? Don't you come here often?"

Okay...the two little ones are about to start school.

They both have no problem adapting themselves, as they used to travel around Beijing and Hong Kong.

Now I can adapt to Guangdong immediately, except that I can't speak Cantonese very well yet.

It would be good to learn to speak Cantonese as soon as possible when you go there.

There isn’t much to pack at home, as for the mistress Chen Lu.

He is only half a year old and doesn't understand anything, so just leave him in the care of Peng Ying and Liu Fen for the time being.

Chen Pingsheng found Chen Anan and Erpi Ya and asked them if they wanted to go to Guangdong.

The two agreed without thinking.

I didn't even take anything with me. For rich people, moving is like a piece of cake.

Only those who have no money will feel difficult. Besides, they already have a big villa in Guangdong.

This time we came here to enroll in school first. Erpi Ya will continue to go to kindergarten, and Chen An An will be in the second semester of the fifth grade.

There is no problem in enrolling.

Don't ask too much, if you ask too much, there will definitely be a connection.

As for the whole family, they all moved into a 980-square-meter super flat in Shenzhen Bay No. 1.

His wife bought this house two years ago, but she has never lived in it once.

It was only 200 million when I bought it, but now it has increased to almost 400 million.

There is no need to introduce the luxury of the house, which is basically at the ceiling level of a large flat.

The same is true globally.

There is an open-air swimming pool with a large balcony and an extremely special stargazing platform.

It’s okay to look at the sea here and feel the mystery between the stars.

That feeling is unique.

Erpi Ya is the simplest. She always feels that the four-bedroom, two-living-room apartment in Shanghai is too small and cannot accommodate her.

This 980-square-meter house is really big enough for her to live in.

Make as much noise as you want, neighbors don’t exist.

Summer is just a few months away, and she can finally soak in the swimming pool and watch the huge TV freely again.

Guangdong is right this time.

As long as she doesn't live with her mistress, she can live in a big house.

"Dad, are we the only three living in this house?"

What Erpi Ya actually wants to ask is, don’t we have to hire a few nannies?

If it were her turn to clean such a big house, she would cry all day.

"Your mother will be here in a few days. We won't be hiring a nanny, but it shouldn't be a problem to find someone to take care of you."

Chen Pingsheng transferred Shen Youwei from Hong Kong to Shenzhen, and she was usually responsible for taking care of the two little ones.

Not too busy but not too idle either.

(End of this chapter)