Chapter 424: Mortal Song



The group annual meeting is usually held on the 15th or 18th.

The date for the entire group to take annual leave will not be too far away.

Chen Pingsheng decided to hold this year's annual meeting in Hong Kong.

There is no specific reason, it is simply to allow employees to come here and have some fun during the two-day annual meeting.

Hong Kong is not only well-developed in the film industry, but also in finance, real estate, shipping and other industries, which were once the leaders in Asia for a period of time.

As for the Internet, technology or manufacturing industries, they have basically been squeezed out by the rent economy.

January 18th is less than half a month away from the official start of the annual holiday.

Tengying Group convened 20,000 employees from its headquarters to hold the annual grand ceremony of its global headquarters in Hong Kong.

Among them are Liu Yifei, Zhao Liying, Yang Mi, Chen Teng, Wu Jing and other top-tier celebrities.

Naturally, there are also countless internet celebrities with over 10 million fans.

Regardless of whether the internet celebrities are short-lived or not, Xinteng Live and Tengyou Media, which have grown to a certain level, can quickly develop and incubate new internet celebrities through their own mechanisms.

The platform also needs to promote an internet celebrity every once in a while to create breaking topics and hot traffic.

They have a mutually beneficial relationship with the platform.

At this year's annual meeting, Chen Pingsheng still attended in a well-fitting Zhongshan suit.

Seriously speaking, it's hard not to feel inflated when you reach his level.

Because for every move you make, there will be countless people interpreting it for you in various ways.

If you just raise your glass slightly, everyone will bend down a little and lower their glass to toast you.

As long as he looks at a beautiful woman for a few more seconds, no matter whether she is a top star or a common school beauty, she might undress and appear in bed at night.

This is the boundless influence of a man when he reaches a certain level.

It is also his inner desire that he needs to be vigilant against at all times.

That's why he often re-experiences the life of the middle class or ordinary people.

Use it to remind myself that you and I are all ordinary people living in this world.

There were so many great singers at the annual meeting.

He still prepared two songs, one was Li Zongsheng's "Song of Ordinary People" and the other was Dou Wei's classic song "Shame".

It's obvious that I can't sing the high notes of this song, but it doesn't matter. As long as my status is high, the audience will still applaud.

At the end of 2017, the development slogan of the entire Tengying Group in 2018 became "seeking development in stability."

The core is highlighted in two words: stable.

This is a change of times and an important indicator for the group in the next few years.

Whether it is the entertainment industry or catering, milk tea, department stores, coffee, retail, etc., steady development will be the main focus.

Even at this annual meeting, Chen Pingsheng directly emphasized that a major turning point in the mainland real estate market is about to come.

He may not directly set the economy back decades like the housing market crash in the 1990s.

But a recession in all industries is almost certain.

Because more than half of the middle-class families in the country have their assets tied up in the real estate market.

Once the turning point arrives and the real estate market liquidity rate drops rapidly, the family assets of this group of people will quickly decline.

The corresponding effect is consumption downgrade.

It is based on this judgment that Chen Pingsheng will indefinitely increase his investment in Pinduoduo.

Because it caters to consumption downgrade.

Taobao, Tmall, JD.com and others are clearly betting on consumption upgrades.

The final result of different routes depends on whether the Chinese people become richer or poorer.

Because we are in Hong Kong, we have more freedom of speech and other aspects.

Chen Pingsheng also directly called on the group's employees not to consider buying a house in the next three to five years.

At his level, he can receive a lot of top-level information just by going to the capital.

It’s not that he is much smarter than others, it’s just that he has access to more information that ordinary people can’t.

The rise in housing prices in recent years has been completely abnormal.

In a sense, it is more like raising prices to reduce inventory.

If this phenomenon occurs in the stock market, it can be understood as the top market makers wanting to cash out.

Then it must first raise the stock price. After all, the psychology of stock investors is to chase rising prices rather than falling prices.

Only when the stock price continues to rise can it attract more investors to buy.

The big dealer who sets up the game can also hide in it and complete the final wave of cashing out.

There is no need to say what happened next.

The leeks are growing in waves, and even their roots may be pulled out.

If Chen Pingsheng's words were to spread, they would definitely cause some online uproar.

But he still brought it up. He couldn't change everyone but he could prevent his employees from being the last ones to take over.

At the same time, it is also a reminder to everyone to be vigilant about turning points.

After the annual meeting lasted for more than four hours, the group's employees were free to go to Hong Kong for entertainment and shopping.

As for the rest of the executive team, they all have to stay.

After the last wave of executive layoffs, the group has finally stabilized again.

What is different from before is that the front-line employees have greatly renewed their enthusiasm for work.

Because it is obvious that the entire group advocates more fairness and justice.

This is a great sense of happiness for those front-line grassroots employees.

As for retaining executives, the main purpose is to announce the strategic development goals for next year.

The general direction remains unchanged.

The core of the group is still the development of new energy vehicles.

In addition, there are small venture capital funds headed by the Dream Fund.

We will focus on traditional markets and vigorously explore industries and targets for sustainable investment.

These are all plans for the future market.

As for these existing listed industries, they will be fully integrated into Tencent Media's internet celebrity economy in 2018.

That is to go online on Douyin, mainly through your own corporate account or corporate marketing department.

First cultivate the enterprise matrix and deeply integrate the online traffic economy.

Including Feiyangyang, Lujiao Coffee, and Bobo Milk Tea, they all want to cultivate their own internet celebrity economy in 2018.

In the past, they just tried it casually and let them do it on their own.

Since 2018, the online economy has been elevated to a strategic level.

If traditional industries do not integrate short videos, no one knows how they will be eliminated in the future.

Making good use of short videos has become an important task for Chu Qiuyan, Yang Qian and others in the past 18 years.

The most important development direction of the group is to adjust according to the ever-changing times.

In recent years, short videos have become the most popular online app among young people.

Everyone, including large enterprises like theirs, must keep up with the times.

By the end of this annual meeting, the goals for 2018 will be basically clear.

Chen Pingsheng himself also knew that the big brats would be on vacation soon.

He also had to rush to Shanghai to pick them up and bring them to Hong Kong together.

(End of this chapter)

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