Reaching the age of thirty, my income randomly doubled

Yao Shan’s and Jiang Hong’s wedding was extremely grand.

Tengfei New Energy sent a very large number of core technicians to attend.

Chen Pingsheng, who was the matchmaker, now also became the wedding officiant for the couple.

That called for a few celebratory drinks.

Time flew, and soon it was the Lantern Festival. After eating yuanxiao at home, Chen Pingsheng was ready to return to his normal work schedule from 18 years ago.

His wife had already been busy flying around everywhere, and he couldn’t afford to leisurely stay at home.

The year of ’18 was definitely the best year, whether it was the entertainment industry, the real estate market, or the current short video industry.

In January, Tengying Entertainment launched a massive talent competition, officially kicking off the idol selection process.

This year’s housing prices continued to skyrocket, and this was arguably the last opportunity for ordinary people to cash out.

The increase in prices and inventory clearance had reached historic highs, and it was inevitable that a turning point of epic proportions would soon arrive.

Chen Pingsheng even sent an open letter internally, cautioning all employees against buying into this wave of price hikes.

In plain language, he was advising employees not to take the baton at historically high price points.

If you catch the property market wrong, ten years of hard work could be for nothing—and that’s no joke.

He couldn’t shout warnings to the public like Old Ma, but voicing his opinions within his own corporate group was not an issue.

Not just the real estate, but the entertainment industry also faced its final explosion.

Even TikTok, a short video platform less than two years old, witnessed a massive surge in traffic this year. Find exclusive content at NovelBin.Côm

Countless young people flocked to it, attempting to change their lives by creating short videos.

In fact, this truly became the easiest way for a new generation of young people to leap from one financial class to another.

Internet celebrities had become an undeniable force of this era.

There were good and bad effects.

The good was that young people could achieve their wealth dreams in one year through short videos—something not possible in the past decade or even two decades.

It gave the majority of young people a fair chance.

The bad was obvious. Ask around, and more and more young people and even students no longer aspire to be teachers or scientists when they grow up.

Instead, they want to be internet celebrities.

The internet celebrity economy truly exploded that year.

From this perspective, this year really was the best and most dazzling.

By attending Yao Shan’s wedding, Chen Pingsheng was seen as a boss who values technology.

Then he issued a document within the company, stating that any mid-level technician from T4 to T6 getting married would receive a 500,000 yuan wedding gift from him.

Medical expenses for major illnesses of parents, spouses, children, and other close family members would be covered by a medical fund he established personally.

Technical experts from T7 to T8 not only enjoyed comprehensive medical coverage provided by him but also for their entire family.

The same goes for a one million yuan bride price for a first marriage.

A young man grilling skewers on the street shot a couple of videos and suddenly became an internet celebrity, earning tens of millions in a year, driving a Rolls Royce, and marrying a wealthy and beautiful internet celebrity.

Whereas the researchers, who have studied and labored for decades, would need a lifetime to achieve such income.

To some extent, this had an overwhelmingly negative impact on society.

Even though he himself owned two huge internet celebrity economy enterprises, he still expressed this view in his New Year’s speech.

Because internet celebrities cannot enhance a company’s core competitive strength, nor can they partake in the nation’s global commercial competitiveness.

Their contribution is merely a poor example for adolescents.

It’s technological research that forms the foundation of a strong country.

The battle among great nations in the future will definitely involve direct confrontation in this area.

Hence, at the start of the new year, he issued three documents emphasizing the core position of technicians and research personnel within the entire group and the company.

He even provided them with adequate retirement funds and comprehensive medical services, and a decent monetary gift for events like marriage and childbirth.

Of course, this was limited to first marriages only.

Tengfei New Energy had been established for almost two years.

The company currently had over sixty thousand core technicians, apart from the main city, Magic City.

Research centers were also spread across Capital City, Wuhan, Shenzhen, and other locations.

Tengfei New Energy, with an investment of over a hundred billion yuan, was also entering the final critical stage.

It was no more than eight months away from testing and unveiling its first new energy vehicle.

After half a year of testing, his biggest trump card, Tengfei Technology, will debut on Huaxia’s industrial upgrading stage at the end of ’18 or the beginning of ’19.

For this, Chen Pingsheng once again cashed out 10% of Tengying Entertainment’s shares, securing 12 billion yuan in capital. He allocated eight billion to supplement the R&D budget for Tengfei Technology in the second quarter of ’18.

Unlike others, unless a tech company prepares sufficient funds in advance in the capital domain,

all its R&D efforts will be limited to the work at hand,

and it won’t be able to focus on preparing for the next five or even ten years.

Therefore, Chen Pingsheng would always deposit the full amount of R&D funds needed by Tengfei Technology into the corporate account at least two quarters in advance.

This was about the future of the enterprise, and he would not be negligent in the slightest. @@novelbin@@

Even if it meant cashing out Tengying Entertainment’s shares down to just enough to keep control, he would spare no effort.

He now only held 20% of Tengying Entertainment, the company that had grown up with him.

And its market value was still 160 billion yuan.

This was probably the highest it would go, and not dropping would be the greatest victory.

Even with a dominant status in the entertainment industry, reaching a valuation of 200 billion was not feasible.

Unless Tengying Entertainment could produce a globally best-selling movie, which was rather unlikely.

Therefore, he also has to cash out at the historical peak.

Transfer this part of the capital to stocks with better prospects for appreciation.

He will use the remaining four billion entirely to increase the value of Pinduoduo’s IPO listing.

Ensuring his 3% stake is not diluted.

He favors long-term investments and is keen on investing in mega-corporations.

Like Pinduoduo and Meituan, where he currently holds 3% of the shares.

Another mega-corporation is Tesla, of which he still only owns 2%.

When Melon Seed Used Cars under his banner completes its listing, he will definitely increase his stake.

At least to the proportion of that 3% of shares.

The status of new energy vehicles in the domestic market is too special; barring accidents, Tesla’s stock price is destined to rise in the long run.

With wealth in his position, there’s no need to invest in many.

Focusing on several mega-corporations and holding them for the long term is fundamental.

As for why he doesn’t invest in BAT, the reason is simple.

They have already developed into the domestic ceiling. If they don’t break into the overseas market, it’s a typical in-fighting scenario.

The stock prices cannot continue to rise like they did ten years ago, as for the big A-shares like Maotai, a liquor company’s market value has surpassed one trillion.

He still doesn’t understand it.

And it’s even less likely for him to align his own assets with them.

After 2018, he needs not only to determine the group’s future development strategy with technology research and development at its core for the next five years.

But also to quickly rearrange his assets in a new round during this process.

Tengying Entertainment at its historical peak, when it’s time to sell, sell.

Using this part of the cashed out capital for research and development, as well as increasing stakes in Pinduoduo, which is undergoing its IPO, is clearly more meaningful.

As for the shares of other listed companies in the group, Fei Yangyang, Bobo Milk Tea, Tenghui Department Store, Snacks Dash, etc., all only have 5% left.

There is no possibility of cashing out anymore, the rest is to maintain stable operations.

The original stock of Antler Coffee only retained 5%, and after short-selling through Muddy Waters, 15% was taken back from the secondary market.

Antler Coffee is going global, and its stock price is far from peaking.

His 15% of scattered shares is also not at the time to cash out.

Tengying Entertainment, like Yateng Short Drama, also has 20% remaining.

Tengying Entertainment can perform a large cash-out only once a year at most, doing more would easily cause panic in the capital market.

So, there will definitely be no more cashing out this year.

Yateng Short Drama will still have a half-year lock-up period after listing.

It is expected to be officially cashed out in the second half of the year; this asset also needs to be cashed out when the time comes.

Short dramas have too low a threshold to support long-term development.

As for Xin Teng Live Streaming’s shares, only 8% is left, cashing out is of little significance.

Just wait for the right moment to cash out the extra 3%.

Which can also activate the random enhancement of Golden Finger; adding both sides up, there should be three to four billion.

However, the most valuable stake he holds has become Tengyou Media, which he started to nurture two years ago.

After waiting so long and investing tens of billions, TikTok has finally grown to prominence.

His 80% stake is now extraordinarily valuable.

Speaking of Tengyou Media, it’s impossible not to mention another failed investment.

Penguin refused to give up the short video dividend, investing heavily to support its own Micro Vision.

Even he thought that with Tencent’s strength, they should at least manage to share a third of the market, but Micro Vision turned out to be more hopeless than a do-nothing.

Even with such a good ’parent’ company, it was still unable to stand up.

His investment of five hundred million has entirely gone down the drain.

Now, he has already pulled back all the internet celebrities teams from Micro Vision to Tengyou Media and Xin Teng Live Streaming.

Completely giving up on Tencent’s Micro Vision.

His failed investments over the years are not just one or two but are not as severe as the investment in Micro Vision.

Not only did he not grab a single hair, but wasted a huge amount of manpower and resources.

Now, it is also about seizing the moment to run if things go south, no longer playing this game with them.

Tencent must be even more frustrated.

Not to mention the capital poured in, but even the traffic invested is beyond imagination.

Nurturing the project like their own child, and yet it turned out like this...

After Chen Pingsheng reorganized and sorted out his most important assets, the next step was to promote the listing plan of Melon Seed Used Cars, an internet company he also nurtured for three years.

Once he gets this money, he will buy Tesla shares.

Although he and Tesla are destined to be competitors, that doesn’t stop him from making money using Tesla’s stock.

Such a new energy company that was established for more than a decade has been introduced to Huaxia, a land that treats new energy vehicles like its own child.

The future stock price is hard to imagine; Chen Pingsheng wouldn’t doubt if it surpasses one trillion US dollars one day.

Under such circumstances, how can he not increase his stake?

Once asset reallocation is completed, he won’t have to worry too much even if he faces surging waves in the next three to five years.

After all, he has moved his money into so many baskets that are still rising rapidly.

His ability to withstand risks is unimaginably strong.