Chapter 307 Buy a Big Guy



Chapter 307 Buy a Big Guy

Chen Anan suddenly felt that she had a huge responsibility.

Her father gave her everything she wanted and let her do whatever she wanted in such a living environment.

No wonder her mother came to explain something.

Perhaps this is the responsibility that must be taken after obtaining something.

Chen Anan raised her little fist angrily and shouted "try hard" three times.

He turned around and lay down.

After waking up, I raised my little fist and shouted "work hard" four times in a row. Maybe this is what it means to work hard.

The days passed slowly, and the seven days of National Day were over in a blink of an eye.

Song Yanxi took Chen Anan back to Shanghai to study, while Chen Pingsheng went to visit the largest lithium iron phosphate battery factory in China that he had acquired.

It was originally a company with huge losses, but after a series of adjustments, the car manufacturing part was cut off and transferred to Tengfei New Energy.

Still a huge loss.

The only benefit is that it determines the core strategic development direction for the future.

That is to make research breakthroughs in battery technology a strategic goal.

He personally invested 5 billion yuan in R&D expenses for the company every year, and also expanded the R&D team of this battery factory from more than 200 people.

It increased to more than 3,000 people.

The cost is that the annual salaries of R&D personnel alone will have to increase by 3 billion.

It is not easy to achieve a technological breakthrough, it requires long-term persistence. Chen Pingsheng is still very patient.

And they will never give up on the route of self-research.

After the battery factory was acquired, it was officially renamed Tende Times.

In addition to cutting its own car manufacturing division, it also reduced its production capacity in the short term.

In the early stages of new energy development, there was strong support and subsidies from the country.

The market inventory is still pitifully small and cannot absorb such high production capacity at all.

Most of the money is concentrated on the R&D team.

In addition to the good progress of Tengde Times, Teng Film and Art School has also officially started producing its own short dramas.

Short dramas are still a new field, and no one knows how they will turn out.

Chen Pingsheng himself is quite optimistic, otherwise he would not have allowed Tencent Entertainment to explore a new track in short dramas.

As for the Douyin team, it was officially named Tengyou Media and independently developed its new internet celebrity business in Guangzhou.

In order to better produce internet celebrities, it is not only deeply tied to Tencent Entertainment’s trainee competition.

It is directly connected with students from Tencent Film Arts School and promotes the internet celebrity track within the art school.

Encourage everyone to shoot short videos.

Chen Pingsheng himself did not expect that his decision would have such an explosive impact.

After all, the main reason why he did this was that the road to success in the entertainment industry was difficult.

Among 5,000 people, only maybe one in a thousand can really become a big star, which is still a very high proportion.

What to do with the remaining 4,000 people? He simply encouraged everyone to become internet celebrities and make money.

After all, judging from the income of the big internet celebrities on Xinteng’s live broadcast, it is not lower than those stars in the entertainment industry.

He has also thought of a good track for these young people in advance.

Tik Tok is not even a small hit right now, but with all the overwhelming resources he has invested in it, it can be pushed a long way forward.

After finishing his trip to Guangzhou, Chen Pingsheng returned to the Magic City and received a call from Teacher Ma again.

The two had previously collaborated in fresh food, and this time Mr. Ma contacted them personally to discuss investing in Tencent Film Entertainment.

There is no way, Tencent Entertainment is too strong now.

It is no exaggeration to say that it controls half of the entertainment industry. Whichever way it leans towards, the video website there will get priority development rights.

Another key point is that Xinteng’s live streaming has also become popular and it is very strong in the field of selling goods.

This is why Teacher Ma called in person to seek opportunities to invest.

Chen Pingsheng thought about it and agreed to his request to buy shares, but the offer price was higher.

Based on the market value of 80 billion, only 10% was sold.

Ultimately, it is because Ali also has the resources he needs. He wants to go further in the field of live streaming, and cooperation with Ali is almost inevitable.

He is no longer short of money, and all cooperation can be said to be based on the exchange of resources.

By introducing the giant Ali, Tengying Entertainment has truly established a firm foothold in the entertainment industry.

The roots are so deep that outsiders can't even imagine it.

Anyway, when other entertainment companies see this, they will all exclaim “Wow!”

The two officially signed a cooperation agreement on October 15th.

As a result, Chen Pingsheng joined the top Zhejiang business group in the country, which was naturally headed by Teacher Ma.

After receiving the 8 billion yuan in funds, he allocated another 1 billion yuan to Tengnong Breeding.

With the absorption of 1 billion yuan of funds, Tengnong Breeding has been able to cover most of Wang County and benefit 100,000 households.

Chen Pingsheng felt that he had done another great thing. In addition, he also allocated 10 billion to the Dream Fund.

Further expand investment share.

Of the remaining 6 billion yuan, half was allocated to new energy to increase funding for intelligent research and development there.

Chen Pingsheng used the remaining half to improve his life.

As the group's business grows, he now has to fly around in the sky frequently.

Buying a private jet is a must.

Chen Pingsheng chose the latest Boeing BBJMAX7 from the aircraft circle recommended by his friend.

The selling price is as high as 98 million US dollars, and the landing price is about 700 million.

It has a very spacious and configurable interior and can carry more than eighteen passengers.

The speed can reach one thousand kilometers per hour and the cruising range reaches 13,000 kilometers.

With such a big plane, flying around in the air in the future would be much easier.

Unlike super yachts, which take three or four years to land, this type of yacht can be shipped back to Shanghai in just three to six months after purchase.

A must-have for the super-rich.

From now on, if you want to go to Hong Kong, you can just take it and you will arrive in less than three hours.

Nowadays, people spend money for convenience.

As if it was a trivial matter, after selecting the model and internal configuration, Chen Pingsheng turned off the computer.

He didn't even tell his wife and his son that he spent another 700 million to buy a super private jet.

What does it feel like to have so much money that you can't spend it all? It's obvious that he is in that situation now.

In the short term, it will be difficult to find ways to spend money.

The remaining billions can only lie in the bank and earn interest, which is really unbearable.

After this capital injection, Tengfei New Energy has invested a total of about 50 billion yuan.

This has also become his biggest expectation for the future.

The reason for doing this is mainly to cope with the crazy internal competition in the future.

Chen Pingsheng has always believed that when new energy develops to a certain stage.

What everyone is competing for is technology and the development of the entire industrial chain.

What is more critical may involve a price war.

The more money he spends now, the better off he will be in the future.

Obviously, he has his own Gigafactory.

There is no need to rent production from others or large state-owned factories like the current Internet car manufacturing.

This will undoubtedly be a significant improvement in cost, and it will also be a big advantage in mastering key technologies.

The only drawback is that more than 10 billion was invested.

In addition, he also has his own battery factory, as well as an intelligent driving R&D team, and a core R&D team for key technologies such as motors and electronic controls.

By investing in this area in the early stages, we have truly achieved a far-ahead position, and this is not an exaggeration at all.

With his current investment, no investor dares to invest.

The essence of capital is to hope to make a big investment with a small investment. Obviously, the path he is taking now is very risky.

The goal is to be broad-minded and ambitious.

He will not take the cost-saving OEM route at all, but will definitely invest heavily in the new energy track.

As the family has more money, more and more attention will be paid to family safety.

Chen Pingsheng increased the annual allocation of the General Affairs Group from 30 million to 60 million.

The number of security personnel doubled from 12 to 28.

These people are used to ensure that their family can live in a safe and worry-free environment.

It wasn't really necessary, but he spent it anyway.

Chen Pingsheng had a clear plan for the future, and he knew that one of the plans had to be brought forward.

The family's century-long asset planning has been completed ahead of schedule, and the next step will certainly be to put a lot of thought into cultivating the future heirs to the group.

(End of this chapter)

Continue read on readnovelmtl.com


Recommendation



Comments

Please login to comment

Support Us

Donate to disable ads.

Buy Me a Coffee at ko-fi.com
Chapter List