Reaching the age of thirty, my income randomly doubled

Chapter 263: Planning for Late May



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A new energy vehicle, from planning to implementation, takes at least three years.

Chen Pingsheng had already settled on the name Tengfei six months ago.

Even the car logo was designed by someone, and it wasn't until today that he began to work on new energy.

The land for building the super factory was still under negotiation.

The team was also still being assembled.

In order to attract more top talents, he offered the highest salary in the industry.

Everything was still advancing rapidly, and it was expected that by July, the location of the super factory would be finalized.

Only then would his initial executive team be fully in place.

After his wife received that billion-yuan funding, she even went to Tan Palace to buy a 2,800 square meter estate villa.

According to his wife, once the spoiled brat Chen An'an and the others came over,
Find adventures on empire

the entertainment space in this 1.2 billion yuan flat wouldn't be enough.

A 500-plus square meter flat, how else could one entertain?

It could only be said that his wife now liked houses that were big, big, big.

Such an estate villa's garden was even big enough to play football in.

If people were to live in it, without dozens inside, one would be scared of ghosts when getting up at night.

The villas in Magic City were quite distinctive, many with a French style.

After all, ever since the Republican Era, many foreigners had lived here.

There was also the famous French Concession, among others.

Tan Palace had a total of only eighteen units, with the smallest size being 1600 square meters.

His family had now bought one.

The spoiled brat Chen An'an wouldn't be on holiday until mid-June, and by then they would all have to move to live in Magic City.

His wife was also setting up a home in Magic City in advance.

Living in a large flat with too many people was somewhat inconvenient.

Unlike an estate villa, the more people the better.

The purchase price was just over four billion yuan, no big deal.

After buying it, his wife also participated in the design herself.

Which was just a re-layout of the interior, with no need to change the decoration.

As for the furniture, that, of course, had to be purchased.

Just the two large trees transplanted into the yard were worth nearly ten million yuan.

Adding everything else, they spent another one hundred million yuan.

Only when the spoiled brat and the others arrived would they officially move there.

Such a big house was impossible to manage without hiring housekeepers.

Everything was arranged by his wife, so Chen Pingsheng didn't interfere.

When the time came, they would simply switch houses.

That's the beauty of being rich, wanting to change, just change.

They didn't care what price the house sold for, as long as it was comfortable to live in.

Chen Pingsheng returned to the Magic City headquarters, which, following his own relocation to Magic City, saw the main forces from Tengying Entertainment in Capital City also move over.

The box office hit "West Red City's Richest Man" premiered on May 1 and was a smashing success.

In the June summer slot, there will be another release, "The Disappearance of It."

With just these three movies this year, Tengying Entertainment's profits exceeded 1.5 billion yuan, not to mention many other high-quality TV dramas.

As Tengying Entertainment's stock price returned to thirty billion yuan, his personal fortune soared even higher.

But now everyone within the group knew that he had invested over ten billion yuan in new energy.

They were surprised, yet also thrilled.

Barely out of the smoggy maze of a speech, he turned around and invested over ten billion yuan in Magic City to build a super factory.

Who would dare say they had no backing in the future?

"Boss, the Guangdong headquarters has transferred half of its manpower from Beijing and Shanghai, here's the recruitment plan for June drafted by the personnel department."

Zhang Wanyi handed him a recruitment list.

New recruitment in the group was a good thing, signaling the group was growing stronger and larger.

Layoffs were the real trouble.

Chen Pingsheng took a look, and this recruitment was going to bring in about two thousand people.

The spring college recruitment had already ended.

Graduation season was upon us.

It was precisely because of the previous spring recruitment that they had decisively relocated to Greater Magic City from Capital City.

"Let Chu Qiuyan be in charge again, the recruitment should follow previous standards, just don't publicize it too widely,"

suggested Chen Pingsheng, believing that college students from rural areas were clearly more eager on the struggle board than city folks.

With the pressure of a house mortgage, they were already pushed to the point where they dared not rest or relax.

Give these ordinary college students from decent universities a chance to change their destiny and leapfrog social classes, and they would truly fight hard.

It's comparable to fighting a war—

Only the People's Liberation Army, known as the world's best land combat force of that era, could push out the Americans, who had vastly superior military equipment, in the harshest of conditions.

If you really studied the composition of those armies, you would find that farmers made up more than ninety-nine percent.

Those who suffered from an early age were fundamentally not afraid of hardship.

That's also why in sports, events that poor people couldn't get into generally didn't yield good results—for example, soccer.

Chen Pingsheng didn't just want to take care of these university students with no background—

The key was that these people could endure more hardship.

Although the group didn't promote a culture of overworking, the spirit of struggle still had to be maintained.

"By the way, have you bought a house in Magic City?" Chen Pingsheng asked his secretary.

"No, I can't afford it. The unit price for houses near the group's headquarters is all over one hundred thousand yuan,"

she replied. Rising house prices were a celebration for the wealthy, as they usually owned more than just one or two properties.

No matter how much prices increased, it would only be beneficial for the wealthy.

Like his family, although they constantly complained about the rising house prices, his wife never held back when it came to buying properties.

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Houses worth several hundred million, even over a billion, bought as easily as if picking them off the shelf.

It's all because housing prices have always been on the rise.

Once there's a downward trend, rest assured, they will run away faster than anyone else.

From now on, apart from those buying out of necessity, nobody would spend an extra penny on this.

With the current housing prices, those who own a few properties definitely hope they keep soaring.

Ordinary people are feeling rather desperate.

In the bustling Greater Magic City, even a secretary with a high monthly salary of fifty thousand, like Zhang Wanyi,

would have to work for thirty years without spending a penny to afford a modest residence of a hundred square meters.

A ten-million-dollar house with a down payment of thirty percent, plus the interest on the mortgage, would come to almost eighteen million.

It's not an exaggeration at all.

Zhang Wanyi, clutching a human resources file, had a bitter look on her small face.

Chen Pingsheng said, "Even you find it difficult to buy a house, not to mention the people from out of town. Go talk to the finance department and take ten million to buy a fully furnished two-bedroom apartment. I won't charge you interest, but it will still be deducted gradually from your salary."

"Huh?" Zhang Wanyi's eyes lit up, clearly surprised and delighted.

"Alright, go on then. In a few years, I don't know how much more housing prices will rise."

Zhang Wanyi undoubtedly planned to settle down in Magic City.

If she had no support from her parents, coming up with the down payment in Magic City would take at least two years.

By that time, the housing prices in the central areas of Magic City could possibly have exceeded two hundred thousand per square meter.

Better to lend her the money now to buy the house.

In a few years, she could possibly make a profit of several hundred million to a billion from the increase in property values.

What was a trivial matter for him, for a well-endowed secretary like Zhang Wanyi, it was a life-changing event.

The Group now had too many employees; he could no longer give out money as casually as he used to.

After all, they were now publicly traded, and the money was not solely his to spend.

...

The little secretary ran off quickly with a fluttering skirt, which was quite amusing.

Chu Qiuyan came to see him again, sharing that Bobo Milk Tea's stock price had recovered to around seven billion.

It wasn't too far off from its peak.

Chen Pingsheng planned to wait until it reached eight billion, then sell off the one billion in stocks he had repurchased at a low price.

He could likely make another ten billion or so.

Making money becomes easy once you have it, just a matter of seizing the right opportunity.

As for Antler Coffee, news from abroad announced that it would officially debut on Nasdaq in August.

By then, all the office space shops they opened with an investment of five hundred million will also begin operations.

The number of Antler Coffee's direct stores nationwide will exceed fifty-five hundred.

Seeing its stock price climb above thirty billion is just a matter of time.

He still held 20% of the original shares of Antler Coffee, which he expected to cash out after February 2017.

After diving into the new energy industry, the need for capital had been astonishingly huge.

Chen Pingsheng intended to complete a full industrial deployment before the new energy sector became fiercely competitive.

For the top-most segments like lithium mining and battery research, he, at all costs, needed to hold controlling stakes in one or two companies.

Sometimes, that's how business is done: if you're afraid of wolves in front and tigers behind, you might as well not bother.

If you decide to go for it, then you must prepare for the worst-case scenario.

In other words, when the market balloons to the point where only three to five companies can survive, why should Tengfei be among them?

Chen Pingsheng believed that only by investing the most money upfront and setting the most comprehensive strategy could he possibly stand a chance.

He had to consider these factors to stay ahead of the competition in the future.

Just like Tenghui Department Store, which spent over ten billion to open just over thirty stores—not to be the fastest, but the steadiest.

Once the market undergoes a major shift, a large number of companies pursuing growth through bank loans will be the first to fall.

But Tenghui Department Store will definitely not be one of them.

He wanted to build a truly good car within the next three years.

That meant getting involved in the entire new energy industry chain.

This world-class opportunity will, within three years, eliminate those competitors who take shortcuts,

leaving behind those who are genuinely wealthy and determined to build a good car.

If he was to succeed in this field, he needed to be prepared to invest fifty billion.

He had to carefully consider every stage that could generate cash flow.

"Chen, maybe you should assign someone else to handle the recruitment this time?"

After her experience with the university's spring lecture last time, Chu Qiuyan was somewhat frightened.

"Why change?"

Chen Pingsheng said, "Changing simply tells others that the Group has gotten cold feet, doesn't approve of your 'three no's' hiring principle. Be bold. Our Group isn't as fragile as you think. After leaving Capital City, you don't need to be so submissive on these matters. Go ahead and firmly stick to what you believe in."

Chu Qiuyan almost teared up.

When everyone else thought she was wrong, only her boss steadfastly believed she was right.

He even moved the headquarters to Magic City to show everyone that Tengying Group had its own principles,

which wouldn't change because of the capital market's rumors and speculation.

Those who try to appease the capital market blindly will ultimately lose their principles,

and become drifters in the marketplace.

"Thank you, Chen," Chu Qiuyan said, standing up and sincerely expressing her gratitude.

Chen Pingsheng told her there was no need for that. "You are someone I brought up myself. I'm quite pleased to have been able to change your fate. It's good that you've maintained an innocent heart in your convictions."

"But you should understand that here on our soil, what truly decides the fate of a company is often not how well you manage it, but the shifts in policies and directives."

With these words, he had made an explicit reminder.

Policies and trends are something a company's boss must study and understand.

Even though Chu Qiuyan was young and lacked experience, she would still have to adapt to these realities.

After all, she was the president of a publicly-traded company at such a young age.

Everyone saw only her halo and overlooked the tidal wave of pressure she was under.

In the past few months, if anyone in the Group faced immense pressure, it was undoubtedly Chu Qiuyan.

No one noticed how she had obviously lost weight, with dark circles forming under her eyes.

Perhaps at this moment, she could finally relax a little.

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