Chen Pingsheng is indeed interested in cultivating his daughter-in-law Su Xiaoxi.

Chen Lu's talent is too mediocre, and he himself is the kind of person who has been prone to lying down since childhood.

I don’t like too much fighting, and I don’t like business competition in the office.

With this kind of personality, he would never be able to obtain the controlling stake in Tengfei AI, including Tengfei New Energy, and Tengde Times, which has the largest global market share in solid-state batteries.

Since we don't expect him to inherit the family's technology groups, we naturally have to make plans for the next step.

With his existing business resources and capital, his children will earn more than 10 billion a year.

Although Erpi Ya is a little lazy, she can generate 20 to 30 billion in net profit every year through investment.

He is already considered an absolute genius in the investment field, and a global genius at that.

Despite the high profits, the amount of investment she can mobilize each year is as high as hundreds of billions.

In other words, maintaining a profit margin of 20% to 30% per year on an investment of hundreds of billions of yuan is already very impressive.

The larger the investment, the smaller the profit margin tends to be.

With an annual investment of over 100 billion yuan, maintaining a return rate of over 10% every year is considered excellent.

If it can maintain above 15%, it will be considered a top investment bank in the world.

With Arya's current situation, she can still maintain more than 20%, and many banks including global financial groups will rush to give her money.

She just doesn't need it.

The amount of cash reserves at home is beyond imagination.

Even without taking out any bank loans or finding someone to borrow from, Chen Pingsheng could withdraw 300 billion yuan at any time.

This is fundamentally different from virtual assets. For example, when you need money urgently, no matter how many houses you have, you cannot cash them out immediately.

The cash reserves that can be called upon at any time are the real strength of the family.

If we talk about the past few decades, the only person who can really mobilize hundreds of billions of funds in this area within a few hours is probably Hong Kong's richest man Li.

Among the global technology groups, Apple has a cash reserve of up to 350 billion US dollars.

I've always been incredibly strong, probably for this reason.

Just think about it, the group can make a net profit of hundreds of billions of US dollars every year, and its cash reserves are as high as 1.5 trillion yuan.

With this amount of capital, there is no storm that cannot be overcome.

Among the technology groups under Chen Pingsheng, Tengfei AI has the highest cash reserves.

Last year it reached 40 billion US dollars.

The main reason is that the new robots are selling like hotcakes in the global market.

Next is Tengde Times with US$24 billion in cash reserves, Tengfei New Energy Vehicle with US$18 billion, and the least is Tengfei AI Mobile with US$12 billion in cash reserves.

Cash reserves are actually the same as the bank card balance of an ordinary family. The more savings a family has, the higher its ability to resist risks.

The group's cash reserves are actually to improve its ability to resist risks and better deal with market crises that may change at any time.

This is completely different from the family reserves. Even Chen Pingsheng, the absolute majority shareholder, cannot privately embezzle these group reserve funds.

All he could use was his family's reserve funds.

That is, the family funds accumulated every year through investment or project profit dividends.

Although the group only pays out 50% of its dividends each year, that is, it only pays 50% for every 100 yuan it earns.

The remaining fifty should be accumulated as cash reserves or used for investment in future major projects.

He has so many groups and more projects around the world.

In 2029 alone, he cashed out his Nvidia shares and invested $75 billion in stable projects around the world.

Including ports, large-scale infrastructure, as well as hydropower and livelihood projects.

The profits their company generates globally in a year are definitely no less than 100 billion.

This does not include the group dividend rights that have been distributed to the three children.

The dividends from global projects that he and his wife Michelle Song alone earn exceed 100 billion yuan each year.

To be honest, with such a huge total profit, if it weren't for his unparalleled talent and decades of training, he would not be able to handle such a huge amount of wealth.

An An and Er Pi Ya each received a portion of the group's dividend rights, and then created more through their own abilities.

Erpi Ya is completely engaged in global investment, with large investment and large output.

An An's main focus is to steadily develop projects and build a group, and to increase annualized returns through group value-added.

As for Chen Lu, he has average investment talent, has no intention of running a group, and has no idea of ​​starting a business.

No matter how much stimulation he received, it was useless. In the past, the only person who could stimulate his progress was Su Xiaoxi.

Now that I am married, I lie down again.

In the future, he will just be an ordinary worker in his own group, and it depends entirely on himself what level he can reach.

Su Xiaoxi must arrange some industries.

A family like theirs is not allowed to live off their savings, which means that no matter how much money you spend each year, you have to earn back at least twice as much.

If you don’t have this ability, you can check out Lao Chen’s Prodigal Son Fund.

Chen Pingsheng had already spent 50 billion to build such a prodigal fund, which really has no ability to make money.

Every month, he can receive 10 million from the prodigal son fund as a fixed living allowance.

There is no more.

This money can be received from the day you reach adulthood until the day you die.

If your children are not yet able to create wealth, they can continue to receive it.

As the number of direct relatives of Old Chen's family grows, there will definitely be many who can only live by relying on family funds.

Whether it is the top wealthy families in Hong Kong or the top families abroad, most of them have set up such family funds.

This is to prevent future generations from squandering money.

In the early days of Hong Kong, some wealthy people made similar mistakes and accumulated family assets exceeding 10 billion yuan in the 1990s.

As a result, after the first generation of founders passed away, the second generation inherited the business. In just over a decade, not only did the family assets go to waste, but the third generation was reduced to begging on the streets for a living.

You can see how ridiculous and funny it is.

The prodigal son fund is different. It provides a fixed monthly living allowance and cannot be withdrawn in advance under any circumstances. It is paid out on time just like a salary card.

A monthly living expense of 10 million is enough for a wealthy family, even if they live in Hong Kong, where housing prices are the highest in the world.

His own family has not yet had anyone who can only rely on the prodigal son fund for living expenses.

But Chen Lu has this trend.

Once a person is judged to be able to only receive the prodigal son fund, it means that he or she cannot start a business in the next ten years. After ten years, the family will judge whether he or she has the ability to make money based on his or her personal performance.

Once it is restored, another five to one billion can be allocated for its development.

It can be said that in order for family property to be passed down to more generations, various funds, including family property inheritance rights, have different thresholds and standards.

It was because Chen Pingsheng knew that Chen Lu had the intention of receiving the prodigal son fund that he asked Erpi Ya to teach Su Xiaoxi.

It is somewhat ironic that his only son was thrown into the prodigal son fund and could only receive a fixed living allowance of 10 million yuan every month.

But the family rules were established five years ago.

It was jointly formulated by the family, including the highest group of the group's economic research institute.

The main reason is that Old Chen's family has too many industries. If his family really collapses because of the second or third generation, all of his industries will be greatly affected.

As the saying goes, a single move can affect the entire body. In order to avoid market risks, the group has to increase its cash reserves every year.

The family must also formulate a series of inheritance rights, including property distribution rights, to avoid risks for second or third generation successors in advance.

For the sake of his family's longevity, he does many things to prevent problems before they happen.

Su Xiaoxi's ability to make money will not be transferred to Chen Lu.

A family like theirs can fully determine whether a person has the ability to make money before the age of 24.

If he doesn't have it, he can only join the Prodigal Son Fund. There is not much time left for Chen Lu.

If he really joined the Prodigal Son Fund, Erpi Ya would probably laugh so hard that she would faint in the bathroom.

I've seen stupid brothers, but I've never seen such a stupid brother.

If Chen Lu joined this prodigal son fund, it would mean that he would not be able to get any dividend rights from the group in the next ten years.

It is equivalent to losing the right to inherit property for ten years.

Of course, with his personality, he can live a good life with 10 million yuan a month.

After all, he has no need to buy a car or a house, and he already has a big villa everywhere.

If you use 10 million as pocket money every month, you can definitely live a very good life.

Chen Pingsheng actually proposed to Chang Fu to set up such a family fund, but since Chang Dalin was the only son he had, that guy felt that it would be meaningless.

In the end, all his and Yang Qian's property would fall into the hands of Chang Dalin.

This guy has such a low sense of risk.

Doesn't he only have one biological son, Chen Lu? If he doesn't have the ability to create wealth, he can only join the family fund.

The second generation does not need to work hard, which means they have unlimited free time.

Even in daily life, many people develop various bad habits just to kill time.

This is when the prodigal son fund comes into play.

No matter what you are used to, this is the amount of money you will receive each month. You will only have the right to use all the family's business assets, but will not have any right to resell or mortgage them.

This is equivalent to cutting off all sources of financial ruin at the source.

Based on the Chen family's existing asset reserves, even some of their descendants will become prodigals.

As long as there is a prodigal son fund, the family can continue normally for more than 500 years.

If you don't have this, you might lose everything in one or two generations.

Erpiya is good at spending money and even better at making money.

She was extremely unhappy that she didn't spend tens or hundreds of billions of dollars by herself every year.

Chen Pingsheng also found it difficult to understand why she spent so much money in a year.

Buying an airplane is like buying a toy. When you go abroad, you drive flying cars.

This technology is already available in China, but the population is dense and there are too many restrictions in the air.

It would be fine if a car hit the road, but if something hits in the air, who knows how many people will be killed by the falling objects.

Those top-of-the-line cars are no longer limited to simple land supercars.

God has become commonplace.

Since the domestic airspace is under a ban, she can only travel abroad.

When Su Xiaoxi came to see her, they were both pregnant and had a lot of topics to talk about.

Erpi Ya also taught diligently. Although she laughed at Chen Lu's talent in her heart, the only brother really joined the prodigal son fund. The ones who looked the ugliest were not others, but her parents.

The only son of the Chen family can only rely on 10 million yuan from the family as living expenses every month.

This would be a joke if anyone told it to others, and everyone would lose face.

But once the rules are set, they are set. If they can be easily broken, can they still be called rules?

For example, a rule set by the group a few years ago prohibits all relatives of its senior executives from re-entering the group.

What does it mean?

In other words, anyone who holds a management position in the group, his relatives will lose the opportunity to join the group.

When this group system was issued, all the management of the entire group fell silent.

What does it mean?

Everyone is against it, with a lot of reasons and all kinds of excuses.

I can tell you a thousand bad things, but they will still be carried out.

There is only one reason. As the group grows bigger and bigger, many people's selfish desires begin to run rampant.

Every two years, the group regularly cleans up various types of connections.

And these people with connections are the ones who can form a group the fastest.

It has greatly influenced the entire group and has established a fair and just system for selecting and promoting personnel.

Later, the Economic Research Institute and its advisory group were unable to enforce this regulation and had to invite Chen Pingsheng back.

Despite the numerous difficulties and unanimous opposition from management including the senior executives, the proposal had no choice but to be implemented by Chen Pingsheng.

Only he has the absolute prestige to implement this suggestion that is unanimously opposed and will definitely be beneficial to the development of the group in the long run.

The only ones who could avoid this regulation were the Chen family.

There are many conditions for avoiding the prerequisites. For example, Chen Lu, after joining the group, will also be influenced by the advisory group, including the management and the Economic Research Institute.

Without that ability, even though he is Chen Pingsheng's only son, he cannot hold a high position and cannot obtain executive control of any group.

This is the joint constraint of multiple parties.

He does not allow relatives of management to enter the group, and the management can also restrict the actions of people with the surname Chen in the group.

Only at this point can you truly experience what it means that it is easy to come up with ideas but difficult to maintain them.

Chen Pingsheng, who is already in his fifties, is completely retired.

But he always attends the private enterprise conference held by top-level representatives of entrepreneurs in Beijing every year.

In addition, he would take An An and Er Pi Ya to visit some retired dignitaries from time to time.

Many of the people who had a close relationship with him, and even early supporters of Tengying Group, have retired due to age.

Only the people have withdrawn, but the impact has not been reduced much.

In a large family, or even a top family, one's retirement position can be determined by one's position.

He has maintained good relations with the real leaders of some of the top families in the country for a long time.

We even often sit together to discuss the global economy, including issues of family continuity and development.

He can provide extremely high commercial influence, and others will also have certain political resources to exchange with him.

Chen Pingsheng no longer needs to use this kind of political resource on himself. His energy is far more than a fraction.

All resources related to Zhengzhi were used by him to assist progress within the family system.

That is to assist Xiao Ya, Xiao Le, and the Chen family members who entered the system later to make progress together.

(End of this chapter)