Reaching the age of thirty, my income randomly doubled-Chapter 501 - : 301

Chapter 501: 301

Especially for these top players in the industry, it was impossible to miss such a world-class opportunity.

The more critical the moment, the faster he had to accelerate Tengfei New Energy’s market layout.

As of now, the core market layout was still centered around the competition for talent.

Whoever could first snatch a large group of scientific research talents in the new energy field would possess the greatest potential.

…

After thousands of miles.

Chen Pingsheng traveled from Huake University to the University of Science and Technology of China, and to other top ten domestic research universities like Xi’an Jiaotong University and Shenzhen University of Technology.

Information about him on the internet was also increasing.

First, he donated 180 million on March 7th to Huake University.

Then, he donated 250 million to the higher-ranked University of Science and Technology of China, and at each subsequent university, he contributed varying amounts of funds, ranging from 150 to 200 million.

It really validated the saying, “When you’re flying in the sky, you scatter money on the ground.”

In just under half a month, he attended six campus recruitments and participated in a total of 12 research conferences at various universities.

Total donations amounted to 1.1 billion funds, none of which was in his personal name.

All were under the name of Tengfei New Energy for university scientific research project donations.

Back at Tengfei New Energy headquarters, the job applications received were as thick as snowflakes.

All from graduates in the related fields; his trip out was quite fruitful indeed.

March 20th.

Startling news came from the Magic City headquarters.

The Magic City Zhengfu actually wanted to introduce the new energy giant Tesla to build a factory here.

The news had not been made public yet, and the local Zhengfu was the first to notify him.

As far as the current new energy market was concerned, there was no domestic company capable of competing; despite years of subsidies, the outcomes weren’t too impressive.

Introducing Tesla, the catfish, could greatly benefit the entire industry.

Upon receiving the news, Chen Pingsheng rushed back to Magic City and spent two days drinking afternoon tea at the invitation of the local department.

Only then did he learn the specifics of the progress.

No need to consider Hengda, Xu Pidai, or Mi Home anymore; Tesla was the undisputed top predator of the industry.

If Musk were to enter the domestic market, the entire new energy market would inevitably be disrupted by him.

There were benefits, but there would also be plenty of competition.

It all depended on the local department’s introduction regulations.

Even Toyota, strong as it was when coming to the country, had to form a joint venture, and it was mandated that local shares were to be held in a certain proportion.

If Tesla wanted to come in, there would undoubtedly be many restrictions as well.

After Chen Pingsheng returned home, he found his wife wasn’t there.

He then drove to Water Cloud Space headquarters, which was renowned for its female army.

All young ladies, each of them looking quite neat and tidy.

Seeing him, they greeted him with a good afternoon, “big boss”.

Chen Pingsheng waved and greeted them back. His wife worked on the top floor.

Once Song Yanxi knew he’d arrived, she decided to extend the meeting time.

After consulting with her husband, she would decide whether to proceed with the meeting or not.

“Honey, why did you suddenly come here?”

“I’m here to ask how much funds you have in total.”

Uh… Song Yanxi was a bit surprised, as the amount of money in her own card was very clear to her.

“Adding the recent 4.8 billion from the auction, along with the dividends of these few months, it should be around 5.5 billion, why, do you have something important?”

“Yes, convert it all to Hong Kong dollars, then from Hong Kong dollars to US dollars, and take it to Wall Street to acquire Tesla shares.”

Tesla’s entry into the domestic market was super insider information.

Once confirmed, the stock price was bound to soar, considering the country possessed the world’s largest internal demand market.

Sometimes stock trading is like this, small profits rely on analysis, but to make big money, you still need insider information.

He himself had only six billion US dollars left for a significant use; two billion US dollars were allocated for acquiring shares of Antler Coffee, leaving the remaining four billion temporarily immovable.

But his wife’s money could be used entirely to speculate on Tesla.

Their family has their own headquarters in Xiangjiang as well as Wall Street, and these kinds of matters are handled very quickly.

Fifty-five billion yuan is approximately equivalent to 750 million US dollars.

And on March 24th, New York time, Tesla’s total market value was roughly around 360 billion US dollars.

They estimate they could use this money to acquire 2% of Tesla’s total shares.

He wasn’t the only one speculating in Tesla stocks.

At the same time, Penguin actually spent 1.7 billion US dollars to buy Tesla shares.

They expect to get a 5% share of the total stocks.

He wasn’t the only one with insider information, if you don’t buy Tesla now, when would you?

Given the domestic situation, the new energy market has at least ten more golden years; he said he must hold onto these shares for at least three to five years.

Up to now, he had invested in three major factories.

They were Pinduoduo’s 3%, Meituan’s 2%, and Tesla’s 2%.

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These three investments were what he considered the most valuable long-term investments.

Pinduoduo and Meituan were still seeking financing everywhere; he just had to follow along.

He made sure that his shares wouldn’t be diluted before cashing out.

Song Yanxi didn’t even ask him why he suddenly wanted to invest all the family’s capital in such a foreign-listed company; her husband always had his reasons for doing things.

It was correct to trust and understand firmly.

“Yanxi, your belly is getting bigger and bigger. Don’t come over here unless it’s necessary. If there’s a meeting or something, they can be notified to go to our house.”

“I’m not as delicate as you think.”

Song Yanxi said with her big belly, “I’m just here for a meeting. There’s nothing to worry about.”

“Still, you should be careful.”

Chen Pingsheng said, “This time when I visited all those top universities in the country, I realized that our biggest regret in life is probably that we didn’t experience college during our youth.”

“Isn’t that the truth?”

Song Yanxi poured him a cup of tea, “Don’t think too much, life is pretty good now. Maybe when you’re old, you could even be a university professor.”

“What kind of professor could I be with my education level.”

Chen Pingsheng said with a smile, “There are still many places for us to spend money. I went for afternoon tea upstairs the other day, and they hinted whether I would consider building a Tengying Headquarters in Magic City. It seemed like they were hoping I would.”

“Do you want to?” Song Yanxi tilted her head and asked him.

“Quite so,” Chen Pingsheng said. “Look at us, we’ve been buying headquarters here and there for years; it looks good, but because they’re so dispersed, we have to notify everyone two days in advance for senior management meetings, and we can only conduct some urgent meetings through video.”

“There’s another crucial point: for university graduates just starting their jobs, we have to rent them apartments, which is also a significant expense. I indeed have the idea of building a Tengying Group industrial park headquarters.”

Song Yanxi asked, “How much would that investment be?”

Chen Pingsheng thought for a moment, “It depends on the scale. Now that we have so many listed companies, the total staff of the nationwide headquarters is at least over 100,000 people. If we build an industrial park group headquarters, we would need at least six office buildings, five top-notch residential apartments, plus supporting greenery and various kinds of infrastructure, including the cost of land purchase.”

“It would probably not work out without about 15 billion.”

Fifteen billion seems a lot, but it’s just the price of that headquarters building in Xiangjiang.

He was indeed thinking of buying a few hundred acres of industrial land to build a group industrial park.

Everything inside could be designed according to his wishes.

The price of industrial land is not too high; this year, the highest transaction price for a piece of industrial land in Magic City was still over in Minhang.

The transaction price per acre was 1.02 million.

What’s really expensive is residential land; if you want to build top-tier apartments, you have to buy residential land.

The purchase of land would probably cost about ten billion, and that money could not be saved.

Chen Pingsheng was now consulting with Song Yanxi; their family couldn’t take out 15 billion now.

They could easily get it through loans; there just wasn’t a need to do so.

This month, he still had to take two billion US dollars to Wall Street to acquire a 10% stake in Antler Coffee, leaving only four hundred million US dollars for himself.

It was nowhere near enough.

It looked like he should expedite Snacks Dash’s IPO and Xin Teng Live Streaming’s listing.

Otherwise, he couldn’t turn things around here.

Tengying Group had grown to such a size; it definitely needed its own industrial park.

This wasn’t about face, but more about making the whole group operation more efficient.

Chen Pingsheng suggested that Song Yanxi should still be cautious and simply work from home in the future; after all, their home was so big.