©WebNovelPub
Reaching the age of thirty, my income randomly doubled-Chapter 605 - 398 Setting Off to Greater Guangdong
Two days later, his wife Song Yanxi flew back from Xiamen.
In a few more months, the Water Cloud Space Academy will graduate ten thousand beauticians who have been trained for two years.
With such a large graduation scale, his wife had already started the expansion into eight major first-tier cities last year.
Busy until now, the stores have been renovated, there is only the need to air them out and position this batch of trainee beauticians.
Chen Pingsheng sat in his tea room, watching the news while drinking tea when Song Yanxi knocked and came in, asking what he was looking at!
Chen Pingsheng said, "The news about Hainan Airlines’ collapse."
"Didn’t that already blow up last year?"
Hainan Airlines is one of the largest privately-owned airline groups in the country, addicted to acquiring and expanding everywhere in earlier years.
The result revealed last year was a total debt of 750 billion yuan, with a debt to assets ratio reaching 70%, simply unable to repay the debts.
It was then that everyone realized the extent to which this huge airline group had gotten.
"Yeah, the crisis from last year, local authorities should be looking to rescue it this year."
Chen Pingsheng shut down his computer, turned his head, and said, "An era of unbridled growth has passed. The blind expansion of the past can no longer adapt to this era, all business development must aim for high quality and explore that path."
"Mhm." Song Yanxi nodded her head, strongly agreeing with this view, "And it’s fortunate that you proposed last year that the group tighten its strategy, otherwise we might have easily fallen into the same pattern of blind expansion."
"We have tightened up, but there are many companies that haven’t."
Chen Pingsheng started to talk about some of the people he had met in the last two days, including Old Wang, who has been the Forbes richest man in Huaxia for many years.
He, having grabbed two big overseas projects he shouldn’t have, disrupted the top-level development strategy, leading to tightened financial resources for the group.
It was a sure bet for an IPO before, but now it’s hard to say, and amputation for survival is necessary.
Aside from him, Xu Pidai also tried to invite him through some soccer execs, the specific details of the discussion unknown.
But what is certain is that Xu Pidai is still expanding wildly, and his group is heavily dividend-paying every year.
Such phenomena are far too obvious.
Not only is the real estate industry tightening, but ever since the selling vegetables incident, internet companies have also faced intense public scrutiny.
Clearly, the direction is starting to change.
The authorities will no longer support the so-called internet economy but will turn to support those genuine outward-looking economies.
That is, companies that earn money from overseas.
Internet companies that only rely on domestic revenue will find it hard to gain policy support.
This is a strong signal and a strategic response they must make.
Song Yanxi ignored those matters and mentioned another topic, "This so-called Forbes list topper is truly a dangerous occupation, none of the people who get on there, apart from Li Ka-shing, manage to fully retire without problems is a miracle."
Heh... Chen Pingsheng chuckled, "The real magnates are lurking underwater, how can they be so easily exposed by a media outlet, if we really talk about a public list topper, who can surpass Li Ka-shing?"
Indeed, that is true.
Going to Xiangjiang often, they naturally know that in 1999, Li Ka-shing earned a net 118 billion Hong Kong dollars just from selling a European telecom company.
Subsequently, he perfectly rode the rise of Mainland’s property market.
With just the tactic of bottom-fishing in the property market, nobody can clearly say just how much money he has.
The Forbes billionaires from the Mainland, the top five combined may not even come close to having as much money as him.
This is not an exaggeration at all.
Your journey continues with novelbuddy
"You came back just in time; there’s something I want to discuss with you."
"What’s up?"
"I’m thinking of taking An’an and Er Piya to spend some time in Guangdong."
"What for in Guangdong if there’s nothing pressing?"
Song Yanxi asked him with confusion, and Chen Pingsheng said:
"It’s precisely because there’s nothing pressing that I want to go. There are two reasons, one is to hope to help them broaden their horizons, and the other is that TikTok has developed too rapidly this year, I want to spend some time in Teng You Media."
They have large villas everywhere, moving is as easy as playing.
Shenzhen also has a large flat worth several billion that they’ve never even stayed in before.
Tengyou Media, their family business, has invested tens of billions in it, and it’s been developing rapidly for almost two years now.
Not to mention Tengfei New Energy, this is definitely the largest internet celebrity group in Tengying Group that has the most potential for cashing out in the future.
Even surpassing Xin Teng Live Streaming that grew out of Kwai, it’s not a problem at all.
It’s very likely that the valuation will exceed one hundred billion.
So, Chen Pingsheng must really go there to understand Teng You Media.
"Can you handle it alone, taking both of them with you?"
Visit freewёbnoνel.com for the best novel reading experience.
"What’s there not to handle? Aren’t you also coming over often?"
Alright then... The two little ones are about to start school.
Their adaptability is no problem at all, running around from Capital City to Xiangjiang in the past.
Now going to Guangdong, they can adapt immediately, just that they’re still not very good at speaking Cantonese.
Learning Cantonese earlier over there is also pretty good.
There isn’t much to pack at home, as for Little Third Chen Lu.
He’s only half a year old and doesn’t understand anything, just leave him temporarily with Peng Ying and Liu Fen.
Chen Pingsheng called Chen An’an and Er Piya, asking if they wanted to go to Greater Guangdong.
Both agreed without even thinking.
They didn’t even bring a single thing; for rich people, moving is just like playing.
Only those who have no money would feel it difficult. Besides, they already have a large villa in Guangdong.
This time the priority is to enroll in school, Er Piya will continue in kindergarten, and Chen An’an will be in the second semester of fifth grade.
No problem with school enrollment.
No details, asking for details would definitely reveal connections.
As for the whole family, they all moved into the 980-square-meter luxury flat at Shenzhen Bay No. 1.
This house is what his wife bought a couple of years ago, never lived in it even once.
It was two billion at the time of purchase, now it’s close to four billion.
The luxury of the house naturally doesn’t need much introduction, it’s basically top-tier among large flats.
The same goes for the whole world.
It has an ultra-large balcony with an outdoor swimming pool, and a very special Observatory.
It’s nice to watch the sea from here and feel the mystery between the stars.
That feeling is unmatched.
For Er Piya, it’s simplest; she always found the four-bedroom, two-living room set in Magic City too small, not enough to fit her.
A 980-square-meter flat, that’s what’s truly enough space for her.
She can make as much noise as she wants, no need to think about neighbours.
With a few more months until summer, she can finally freely soak in the pool watching a huge TV.
It was right to come back to Guangdong.
As long as she doesn’t live with Little Third, she gets to stay in a big house.
"Dad, is it just the three of us living in this house?"
Er Piya actually wanted to ask, aren’t we supposed to hire a few nannies?
She could cry all day if it were her turn to clean such a big house.
"Your mom will be here in a few days, and we’re not going to hire any nannies, but it won’t be a problem to find someone to take care of you."
Chen Pingsheng transferred Shen Youwei from Xiangjiang to Shenzhen to take care of the two little ones usually.
Not too busy but not too idle either.