In late July, Chen Pingsheng led the executive team of Tengying Group to the Forest Headquarters in Jinshan Future City.
This project cost more than 60 billion yuan and took two years to build, and it is finally about to be completed.
How could it be possible that a forest headquarters covering an area of over 2,000 acres does not have some grandeur?
The main framework here has been completed, including Tengying Apartment and Tengying high-end Oriental Villa Community.
"Uncle Chen, according to Mr. Fang, our entire Tengying Group will be able to relocate in three months at most."
After so many years, Chen Pingsheng finally achieved the first place in the country.
That means its headquarters is the largest in the country, and it is a well-deserved title.
Just wait another three months, and all listed companies under the Tencent Film Group, including Tencent Film Entertainment, Snack Run, Lujiao Coffee, Yateng Short Drama, Feiyangyang Catering, Bobo Milk Tea, and Tenghui Department Store, will move their headquarters into this future city.
As for Tengyou Media, it will remain in Guangzhou, while Tengfei New Energy will move into the high-tech Pufa New Area.
Tens of billions of dollars were invested to build Tengfei's global scientific research headquarters there.
Kingsoft is his own territory. With the size of Tencent Film Group that moved here, it became the undisputed number one private enterprise in the local area as soon as it moved in.
The only pity is that the Jinshan super villa he spent 4 billion to build around the mountain will not be moved until this time next year.
Chen Pingsheng said: "I can send you a message now. The preparation time is three months. After three months, all companies in our Tengying Group, except Tengyou Media, Tengde Times, and Tengfei New Energy, will relocate to Jinshan.
"In addition, any employee who has worked at Tengying Group for more than three years can apply to purchase a house in Tengying Oriental Villa at cost price."
Relocating the headquarters sounds easy, but it is not easy at all.
Because many employees have already settled down and even bought houses in the local area.
In this case, if the group headquarters issues a transfer order, it is necessary to consider the housing security of employees.
This is also the main reason why he spent a lot of money to build Tengying Apartments, including Tengying Oriental Villa.
Just imagine, if they have to rent or even buy a new house after moving here, considering the housing prices in Shanghai, this will be a burden for many employees.
Tengying Oriental Villa covers an area of over 1,000 acres, and it cost about 14 billion to buy this land at that time.
Another 15 billion yuan was invested to build this super community with a population of 100,000.
As for the apartment complex, there is no need to mention it. A total of 15,000 units have been built, enough to accommodate 20,000 to 30,000 people.
It can be said that he has provided the utmost in logistical support, ensuring that employees will not have any worries when they move in with their families.
This headquarters even has a supporting commercial street, which can be said to be extremely prosperous.
It’s a pity that Chen Pingsheng will not sell the residential community he built, including the Oriental Courtyard.
It is only sold to internal employees.
After eight years, he finally had his own headquarters park.
This is really not easy.
Chen Pingsheng took his senior management team on a tour here, and everyone was extremely excited.
This whole area is my home, how can I not be excited?
In order to better ensure that employees' families can come to live regularly or even visit.
With a big move, he prepared to buy another piece of land outside the headquarters to build the super five-star Tengying Hotel.
It is not open to the public and only welcomes employees' families who come from afar.
It sounds like it will cost a lot of money, but it’s actually only 1 billion.
Strangely enough, the only big hit of Tencent Pictures Group this year was Tengyou Media, and Lujiao Coffee was doing well overseas.
Other businesses seem to have reached a bottleneck period, whether it is Feiyangyang Restaurant, Bobo Milk Tea, Tenghui Department Store, or Guazi Used Cars, they are all quite average.
The only thing that allowed him to spend without restraint was the skyrocketing price of the stocks he bought.
Whether it is Meituan or Pinduoduo, Tesla has seen huge increases this year.
He can make a fortune by speculating in these long-term stocks.
By the second half of the year, we had to consider cashing out.
Because there is still no funding for the 20-year take-off of new energy.
He also needs to keep spending money, but he just can't decide which one to sell for the time being.
At present, the most valuable stock he holds is Tesla (4%).
Based on Tesla's market capitalization of $158 billion, he can cash out $6.3 billion at one time, which is enough to solve all the funding needs in 2020.
It’s just that Tesla is still soaring.
The second is Meituan, which owns 3% and has a current market value of US$89 billion in Hong Kong stocks.
Being able to cash out 2.7 billion US dollars in one go is far from enough.
After the stock price of Mr. Gold Finger reaches 10 billion, he can only rely on cashing out his stocks to obtain large amounts of funds.
Fortunately, the stocks he bought are all rising sharply.
In fact, there is another way to cash out, which is to sell the headquarters building of Tencent Commercial Management.
You have to know that he has spent a large part of his money on purchasing commercial real estate over the years.
These include the Shuiyunjian storefront, Tenghui Department Store storefront, and headquarters buildings in various places.
Including the current forest headquarters, his total investment in commercial real estate has reached 120 billion.
Including the increase in recent years, it is at least 180 billion.
It is highly likely that housing prices will not be good in the next few years, and he even considered selling a few headquarters buildings.
Don't think too much about it for now. With the net assets he currently holds, it is too easy for him to get 40 billion yuan.
You can use any one of them as collateral for a bank loan.
If it weren't for the fact that the stocks he held were all rising sharply, he probably wouldn't have hesitated so much.
I almost forgot that his wife also invested 0.15% in Apple and 0.5% in Nvidia.
Apple still releases new phones every year, but everyone says it has run out of ideas and lacks the innovation and technology of the Steve Jobs era.
But the reality is that the stock price is getting higher every year, and this year it has exceeded the trillion US dollar mark.
It reached 1.1 trillion US dollars, and the pitiful 0.15% in his wife's hands was worth 1.65 billion US dollars.
Converted into RMB, it is more than 10 billion.
Chen Pingsheng called Song Yanxi and after much deliberation, he decided to cash out the Apple first.
This is already 1.1 trillion US dollars. No matter how much it goes, can it ever exceed 3 trillion US dollars?
Compared to other stocks I hold, Apple seems to be approaching its ceiling.
He now has to raise the research and development funds needed for Tengfei New Energy at least a quarter in advance.
It’s just right to start cashing out at the end of July.
If the remaining cash can be delayed, then try to delay it as much as possible!
He was in no hurry at all.
Song Yanxi has been buying the bottom of Apple for four or five years, investing 500 billion US dollars and getting 1.1 trillion US dollars out.
The floating profit is about double, which is very good for large speculators.
Compared to Apple, the other stock she holds is really exaggerated.
Song Yanxi started buying Nvidia shares at the end of 2014, when the stock price was only tens of billions of US dollars.
It has risen to 140 billion US dollars this year.
In just four years, the increase was an astonishing 14 times.
Chen Pingsheng even wanted to increase his holdings in Nvidia, the increase was too exaggerated.
I just don’t know if it can rise further.
(End of this chapter)
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