By increasing his holdings and increasing his stake, Chen Pingsheng's stake in Nvidia has reached 6%.

Google still holds the same 1% stake as before.

The school season is about to start in mid-August, and he himself was invited to attend the opening ceremonies of three universities in Shanghai.

This is probably because they hope he will donate money, as good universities have a lot of research and development funds every year.

Part of this money comes from local and higher-level grants, and a large part comes from donations from alumni and successful people in society.

Chen Pingsheng also donates money to many universities every year, but the money is concentrated in the field of science and technology, and also in university majors related to his new energy vehicles.

He didn't donate much to Shanghai University, mainly because he didn't go to college.

The university holds a school anniversary every year and invites some successful graduates to give speeches.

If we talk about the most famous person in the field of university donations in recent years, it is undoubtedly Lei Jun.

He donates a lot of money to his alma mater every year.

Chen Pingsheng just came to take a look and did not decide to donate to Shanghai University right now.

The main reason is that this kind of fame doesn't mean much to him, and he doesn't want to be too famous.

On August 17, he went to the capital and asked when the illness would be completely cured.

The time will probably be set in December this year. It will be partially relaxed first, that is, in some cities, and then it will be fully relaxed.

He also asked about the future of the real estate industry, which is a more serious topic.

In the past twenty years, if we were to say which engine has been the biggest driver of the domestic economy, it would undoubtedly be real estate.

Just look at the economics of real estate, and there's no doubt the industry, which has been booming for over 25 years, is about to undergo an epic transformation.

This change is not determined by personal will, but is ultimately guided by the market economy.

To put it bluntly, not many people will buy houses anymore. Just like the stock market, no matter how high the price goes, if there is no one to take over, even if the stock price exceeds 10,000 points, everyone will only make paper wealth and will not be able to exit normally.

The era of having a price but no demand is coming.

In addition, the first to impact housing prices will not be new homes or second-hand homes.

But it is a foreclosed house.

Once a foreclosed property is sold at a certain price, it also means that the housing prices in that area will be stuck at a certain level.

After the real estate industry enters a downturn, countless industries will be affected.

Chen Pingsheng had been making preparations for a long time. Now that it has come to this point, it means that no one can cover it up.

Public sentiment will continue to spread on short videos, including various online media.

This is also a major trend that cannot be changed.

It can be said that in the next five years, any industry related to the real estate industry will not be suitable for investment.

In addition to drinking tea and talking about future industrial changes, he also asked some questions about new energy.

The biggest change in new energy vehicles is that they no longer only support pure electric models.

What does it mean?

Domestic new energy vehicles enjoy a large number of preferential policies from the state, are exempt from purchase tax, and receive a lot of subsidies.

This is the only way to achieve the same market share as traditional fuel vehicles.

But if you say that pure electric vehicles surpass traditional fuel vehicles, that is pure nonsense.

The simplest point is that if the purchase tax on traditional fuel vehicles is also cancelled and the oil price is lowered, we can see whether ordinary people will still choose new energy vehicles.

This is just one of the reasons. The more important point is that new energy is only doing well in the country.

Most traditional century-old car companies abroad do not develop pure electric models at all.

They even developed pure electric vehicles decades ago, but later gave up.

If you only do well in the country, you won’t be able to go overseas and seize the market.

That would lose the greatest significance of supporting new energy vehicles.

This means that Chen Pingsheng not only needs to increase the research and development of solid-state batteries, but also needs to further increase investment in extended-range vehicles, including hybrid technology.

Only in this way can we truly gain a foothold overseas.

Despite the booming domestic new energy sector, no company has yet been able to gain market share overseas.

This is also the biggest pain point of the new energy sector.

There are no preferential policies for new energy vehicles abroad, let alone oil prices of seven or eight yuan per liter.

In a nutshell, if the oil price is half as cheap, most people will choose traditional fuel vehicles without hesitation.

What intelligent driving, this system or that system is all bullshit.

This has led to the fact that new energy vehicles, which have been booming in recent years, have actually fallen into an awkward situation.

Whether it is lowering oil prices or canceling purchase tax exemption, as long as one of them is realized, it will return to its original form.

If we really say that it has become the best in the world, that is absolutely correct because no one is following suit.

This is embarrassing.

New energy vehicles must get rid of this embarrassing situation before they can truly become the country's most important weapon.

Unfortunately...at first glance, no one can escape.

Chen Pingsheng stayed in the capital for almost three days before returning to the Magic City.

Every time he went to the capital, he kept it quiet and didn't let too many people know.

After coming back this time, he made several important decisions again.

One is to increase the research and development of solid-state batteries, which is the independent responsibility of Tender Times.

The company has just gone public and received another 50 billion yuan in R&D funds, and will definitely recruit a group of top R&D engineers in the future.

Another thing is to increase investment in the research and development of extended-range vehicles, including hybrid vehicles.

In the future, we will definitely launch professional models in related fields.

In this era, doing research and development is risky, and if you don't do research and development, there won't be much development opportunity at all.

Fortunately, the country absolutely supports investment in R&D and has various subsidy policies.

Although he does not need those subsidy funds, the benefits of large R&D investment are still very obvious.

New energy vehicles have entered the midfield stage from the first half, which is a typical knockout stage.

Many idiots will face the final elimination.

There are advantages...but the disadvantages are even greater, which will make a large number of ordinary customers naturally distrust new energy vehicles when choosing a car.

In the future new energy market, there will only be three or five companies left at most, and those beyond this number will be eliminated.

Fortunately, he is not short of money at all. Turning losses into profits is only a small goal in the first stage. The second stage is to gain a firm foothold in the world.

As for the real estate sector, he currently has no industries in the related field.

Naturally, there is no need to sell any important assets.

The milk tea industry, which was extremely popular in the past, is not doing so well now.

As for the catering industry, the gross profit margin is frighteningly low. If you have a choice, this kind of industry with ultra-low gross profit margin is really not suitable as a startup project.

Not only is it hard work, but the money earned is also low.

As for Shuiyunjian, the company his wife runs, it is also affected by the overall market.

Revenue is getting lower every year, but no matter how much it drops, it can still maintain its basic level.

After all, they own the Shuiyunjian storefronts in the four super first-tier cities, including Hong Kong.

The advantage of a storefront is very obvious, that is, it has high risk resistance.

(End of this chapter)