Chapter 689: Large Industrial Investment
October 23.
Tengying Group has basically completed large-scale industrial investments in the field of science and technology.
These include new energy vehicle manufacturing, mobile phones, solid-state batteries, and Tengfei AI.
The four major sectors advance independently and support each other.
It is foreseeable that in another five years, Tencent Film Group will definitely become the largest private technology giant in China.
There are only two or three companies ahead of him, such as Huawei, DJI, etc.
Once he completes further research and development of solid-state batteries, Tengfei New Energy Vehicles will surely have a place in the global market.
If Tengfei AI continues to develop, it is only a matter of time before his Tengfei mobile phone enters the top five in the global mobile phone industry.
With the joint efforts of the four major sectors, Tencent Group will surely become a well-deserved technology giant in China before 2030.
As for the world-class Tengying cruise ship that he customized and produced himself, he also spent 8 billion as a deposit.
The total investment is as high as 38 billion, and it will take five years to complete production.
Six billion needs to be paid every year for this, and the goods can be received in five years.
As for the project between the two mountains, he plans to develop the most luxurious super six-star hotel in the country to serve as Tengying Group’s first five-star tourist ecological park.
For this purpose, 10 billion yuan was also paid as initial development funds, and the total investment was approximately 30 billion yuan.
The remaining money this year plus the profit in his wife's hands were all spent by these two funds.
In the next five years, he will have to pay about 10 billion every year, plus the donation he promised, which adds up to 20 billion.
These are all fixed expenses and are indispensable.
Fortunately, his current capital base is stable and there will not be any major changes.
There is no such thing as risk.
"Uncle, President Liu and his team hope you can lend them 30 to 50 billion yuan to help them meet their loan quota for this year."
Xiao Le and her sister Xiao Ya are both doing very well in Jinshan, and all this is inseparable from his increasing investment amount.
Tengying Group's influence in the entire Jinshan has been growing.
It is quite easy to lift up two people within the system.
Banks are different from other industries. After the real estate industry suffered a setback, it became difficult for them to meet their annual loan quotas.
Chen Pingsheng is a person who never takes out loans. If you want to ask him to borrow money from the bank, you can only ask Xiao Le and Xiao Ya.
This is only possible, otherwise why would he let you earn interest?
As long as he is willing to ask, he can borrow hundreds of billions from anywhere.
It is difficult for people who have no money to borrow money, but for people who have money, others are eager to lend it to them.
That's the difference.
"Forget about borrowing money. I'm not even close to borrowing money from your uncle."
Okay... Although he already had the answer, Xiao Le was still quite proud.
"Uncle, are you sure you don't want to attend the Jinshan Entrepreneurs Conference organized at the end of the year?"
"There's no need. If I go this time, I'll have endless meetings to attend. I might as well not bother going to any of them."
After Xiao Le left, Chen Pingsheng asked his elder sister Chen Yao to come over and introduce two blind dates to Xiao Le.
He is very cautious in choosing a marriage partner and will consider all aspects to determine whether it is worth it.
Your character determines how far you can go.
As for whether Xiao Le likes it or not, it’s actually not that important. Many feelings are formed over time by getting to know each other.
In ancient times, marriages were arranged by parents and matchmakers.
I had never met most of them before I got married.
Once he picks the right one, we can probably arrange a meeting, which will be a big happy event for the family.
As for the other big event, it was probably that the mistress Chen Lu had a fight with someone again.
To say that he fights is a compliment, this time he was just passively taking a beating.
All those action-packed movies I watched as a kid were basically wasted.
He is still very honest at heart, and his mother Yanxi is very worried about this. With his personality, it will be difficult for him to inherit the family's technology industry when he grows up.
Whenever the mistress was beaten, Su Xiaoxi used to stand up for him, but now it is his sister Erpi Ya who stands up for him.
In Erpi Ya's eyes, bullying the weak does not exist. If I can beat you, I will immediately beat you down. If I can't beat you, I will call all the employees to justice if you dare to attack me.
Erpi Ya has been very good at bullying his younger brother since he was a child, and he is also very protective of his younger brother.
Regardless of the reason for the fight, she will hit whoever hits her brother.
The little girl was already in the sixth grade, but she didn't know how hard she hit him. She beat the little guy so hard that he squatted on the ground and cried loudly.
This little girl is also a rich second generation, but her wealth is not so obvious. When her mother saw the way Erpiya acted, she didn't dare to say a word.
He grabbed the little one at home and was about to apologize, but Song Yanxi was reasonable and apologized proactively after asking the reason.
It's just two kids fooling around.
What she was really worried about was the timid nature of the mistress Chen Lu.
"Erya, your brother is so timid, is there any way to cure him?"
Erpi Ya hasn't changed at all when she grew up. She is the same as she was when she was a child.
The further you go on the road of fear of death, the same goes for the road of wealth.
"This still needs treatment. Two doses will be enough."
"Your mother couldn't bear to hit you when you were a child, so how could she bear to hit your brother now?"
Erpi Ya stopped talking. If she continued, she would probably be digging a hole for herself.
After they all got home, Song Yanxi tried every way to make the mistress Chen Lu bolder, but it was of no use.
It seems like he was born to be this way and can only be this way.
When Chen Pingsheng came back, the family was still discussing the future education of Xiaosan.
Chen Lu is seven years old now. Time flies so fast. In a few years, he will be in junior high school like his sister.
With his conditions, if he wants to find a girlfriend in the future, he can find any woman.
There will definitely be no mistakes unless he is really too honest.
Let’s wait until next year. When next summer vacation starts, Chen Pingsheng will probably have to take time out to take care of him.
I can't keep being so honest forever.
The days passed slowly, and in the blink of an eye it was mid-November.
It took the film industry decades to reach tens of billions in box office revenue, but short dramas achieved that in just a few years.
In a few years, it may even surpass the 100 billion threshold, a figure that even the film industry cannot reach.
It can only be said that the film industry, including the television drama industry, has been regressing in recent years. It is far less exciting than the martial arts novels of Jin Yong and the investments of coal bosses.
This is how the business works. When traffic dominates, quality declines significantly.
After a long time, they will naturally be eliminated.
It can be considered a market situation where the fittest survive.
Chen Pingsheng didn't pay much attention to this area, mainly because the market was too small. The entertainment industry has always talked about the abundance of beautiful women.
Let’s not talk about the other things.
After so many years, there has been no progress and we have even been regressing. It is hard not to be eliminated!
(End of this chapter)
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