Yao Shan and Jiang Hong's wedding was still extremely grand.
There are also many core technicians from Tengfei New Energy.
Chen Pingsheng was originally a matchmaker, and now he became the witness of their marriage.
Then don’t have a small drink.
The Lantern Festival arrived in a blink of an eye. After Chen Pingsheng had eaten the Lantern Festival at home, he was ready to resume his normal work for 18 years.
His wife has already been flying around and busy with work, while he is still relaxing at home. This is not okay.
2018 is definitely the best year, whether it is the entertainment industry, real estate, or the current short video industry.
In January, Tengying Entertainment launched a massive trainee competition, and the draft officially began.
House prices are still running wild this year, and this is the last time for ordinary people to cash out.
Price increases and destocking have continued to reach historic highs, and going further down is destined to usher in an epic turning point.
Chen Pingsheng even issued an open letter internally to alert all employees to this wave of price increases.
To put it bluntly, employees are not allowed to take over at this historically high point.
Once the house is not connected well, it is no joke that ten years of hard work will be in vain.
He can't speak out like Lao Ma, but it's not a big problem to express opinions within his own group.
Not only real estate, the entertainment industry is also ushering in the final explosion.
Even Douyin short video, which was established less than two years ago, has experienced a traffic explosion this year.
Countless young people are flocking to the site, trying to change their lives by shooting short videos.
In fact, this has indeed become the easiest way for the new generation of young people to cross the wealth class and become rich.
Internet celebrities have become a force that cannot be ignored in this era.
There are good and bad.
The advantage of course is that by shooting short videos, young people can achieve the dream of wealth that they could not achieve in the past ten or even twenty years in just one year.
It gives most young people a fair chance.
The disadvantages are also obvious. If you go out and ask more and more young people and even students, what they most want to be when they grow up is no longer a teacher or a scientist.
But Internet celebrities.
The Internet celebrity economy has really experienced a big explosion this year.
If you look at it this way, this year is really the best year and an extremely bright year.
By attending Yao Shan’s wedding, Chen Pingsheng gained the reputation of being a good boss who values technology.
Then he directly issued a document within the company, stating that he would give a 500,000 yuan wedding to any intermediate technician who had reached T4~T6.
The serious illnesses of his parents, including his wife, children, and close relatives in the family are all borne by the medical fund he established personally.
The experts in the technical field of T7-T8 not only enjoy free medical care provided by him personally, but also the whole family.
The first wedding also enjoys a million-dollar gift.
A young man grilling skewers on the street, he shot two random videos and became an Internet celebrity. He earned tens of millions a year, drove a Rolls-Royce and married Internet celebrity Bai Fumei.
For R&D personnel who have studied hard for decades or even worked hard, it will take them a lifetime to achieve this income.
To a certain extent, the impact on society is definitely more harm than good.
Even if he owns two very large Internet celebrity economic groups, he still said this in his New Year's speech.
Because Internet celebrities cannot increase the core competitiveness of a group, let alone participate in the country's global business competitiveness.
All it can bring is a bad example to teenagers.
Technological research and development is the foundation of a strong country.
The future struggle between great powers will definitely have a direct collision in this aspect.
So, at the beginning of the new year, he issued three documents in succession to emphasize the core position of technicians and R&D talents in the entire group, including within the enterprise.
It even provides them with adequate pensions and free medical services, and provides them with decent gifts for major events such as marriage and childbirth.
Of course, only for first marriages.
Tengfei New Energy has been established for almost two years.
Currently, there are over 60,000 core technical personnel, except for the core city of Magic City.
Major research centers are also located in Beijing, Wuhan, Shenzhen and other places.
Tengfei New Energy, which has invested over 100 billion, has also reached the final stage of tackling the challenge.
It will be up to eight months before the first new energy vehicle is tested and released.
After completing the half-year test, the biggest trump card in his hand, Tengfei Technology will officially enter the historical stage of China’s industrial upgrading at the end of 2018 or even in 2019.
For this reason, Chen Pingsheng once again cashed out 10% of Tengying Entertainment's shares. After receiving 12 billion in funds, he used 8 billion to supplement Tengfei Technology's research and development funds in the second quarter of 2018.
Unlike others, technology companies cannot prepare enough funds in advance.
Then all its research and development work will be limited to immediate work.
But we cannot prepare for the next five or even ten years with peace of mind.
So Chen Pingsheng will transfer all the R&D funds required by Ascendas Technology to the corporate account at least two quarters in advance.
This is related to the future of the company, and he will definitely not be negligent in the slightest.
Even if the shares of Tengying Entertainment are cashed out until only the last bit of controlling interest is left, they will not hesitate.
Tengying Entertainment, which has been growing up with him, now he only has a 20% stake in it.
The market value is still 160 billion.
This is probably the highest market value. If it doesn’t fall, it’s the biggest victory.
Even the dominant position in the entertainment industry cannot reach the threshold of 200 billion.
Unless Tengying Entertainment can make a movie that sells well around the world, it turns out that this is unlikely.
Therefore, he had to cash out at the highest level in history.
Transfer this part of the funds to stocks with greater prospects for appreciation. He used all the remaining four billion to add value to Pinduoduo's IPO.
Guarantee that 3% of your shares will not be diluted.
He likes long-term investment and is keen on investing in very large companies.
For example, Pinduoduo, Meituan, etc. now all have 3% shares.
Another super large company is Tesla, which currently only holds 2%.
When his Guazi used cars are listed on the market, he will definitely increase his holdings.
At least 3% of this share must be purchased.
The status of new energy vehicles in China is too special. If nothing unexpected happens, Tesla’s stock price is destined to rise in the long term.
With a net worth of his level, he doesn't need to invest much.
Being optimistic about several very large companies, long-term capital injection and holding are fundamental.
As for why you don’t invest in BAT, the reason is very simple.
It has developed into a domestic ceiling. Once the overseas market cannot be opened, it will be a typical case of fighting among the inside.
The stock price cannot continue to rise as it did ten years ago. As for Moutai, a large A-share company, the market value of a liquor-selling company exceeds one trillion.
He hasn't figured it out yet.
It is even more impossible to arrange your own assets into this.
After 2018, he will not only determine the group’s development strategy for the next five years with R&D technology as the core.
You also need to quickly arrange your assets in a new round during this process.
Tengying Entertainment, which is at the highest level in history, should be thrown away.
It is obviously more meaningful to use this part of the cashed-out funds to conduct research and development and increase holdings in Pinduoduo, which is undergoing an IPO.
As for the shares of other listed companies in the group, Bobo Yangyang, including Bobo Milk Tea, Tenghui Department Store, Snacks Kuaipao, etc., only has 5% left.
There is no longer the possibility of cashing out, all that remains is to maintain business stability.
Only 5% of the original shares of Antler Coffee are left, and 15% was recovered from the secondary market after short selling in muddy waters.
Antlers Coffee is going global, and its stock price is far from its peak.
His 15% scattered shares have not yet been cashed out.
Tengying Entertainment has the same 20% as ARA short drama.
Tengying Entertainment can only cash out a large amount once a year at most. Any more will easily cause panic in the capital market.
So there will definitely be no cash out this year.
There will be a lock-in period of half a year after the ARA short drama is launched.
It is expected that the cash will not be officially cashed out until the second half of the year, and this part of the assets will also be cashed out at that time.
The threshold for short plays is too low to support long-term development.
As for Xin Teng Live’s shares, there are only 8% left, so it doesn’t make much sense whether to cash out or not.
Just wait for a good opportunity and cash out the extra 3%.
It can also activate the random increase of the golden finger. The sum of both sides should be three to four billion.
The most valuable stock in his hand has become Tengyou Media, which he started cultivating two years ago.
After waiting for so long and spending billions, Douyin finally developed and expanded.
His 80% share is not of ordinary value.
When it comes to Tengyou Media, we have to mention another failed investment.
Penguin refused to give up short video dividends and spent heavily to support its own Weishi.
Even when he thought that with the strength of the big penguin, he could dominate the world, it turned out that Wei Shi was even worse than Adou.
I can’t even support such a good dad at the stall.
All the 500 million he invested were in vain.
Now all the internet celebrity teams from Weishi have been withdrawn from Tengyou Media and Xin Teng Live Broadcast.
Completely give up the micro-view of the big penguin.
His investments in the past few years have failed just once and twice, and none of them were as disastrous as his investment in Weishi.
Not even a single hair was caught, and a lot of manpower and material resources were wasted.
Now I will pick up my shoes and run away if the opportunity arises, otherwise I will continue to play like this.
The big penguin must be even more depressed.
Not to mention the funds invested, even the flow of investment is beyond imagination.
The project he raised as his own son ended up like this...
After Chen Pingsheng reorganized and sorted out his most important assets, all that was left was to promote Guazi Used Cars, an Internet company he had also raised for three years. Listing planned.
With this money, he will buy Tesla shares.
Although he and Tesla are destined to be in a competitive relationship, this does not prevent him from using Tesla stocks to make money for himself.
Such a new energy global company that has been established for more than ten years has been introduced to China, a land of China that treats new energy as its own son.
It is hard to imagine the future stock price. Chen Pingsheng has no doubt that it will exceed one trillion US dollars one day.
How could he not increase his holdings under such circumstances.
Once the asset reorganization is completed, he will not have to worry too much even if waves hit him in the next three to five years.
After all, he has moved his money into so many baskets that are still rising rapidly.
The ability to resist risks is beyond imagination.
(End of this chapter)