Reaching the age of thirty, my income randomly doubled

Chapter 249 - 190: Tengying’s New Headquarters Building

July 18th.

Chen Pingsheng brought Chen An’an back to Capital City.

The spoiled brat burst into tears after a ruthless pounding from her mom, and then she sneakily took her sister’s large pearl necklace and hung it around her neck.

Just imagine that chubby Little Chubby Girl, with a string of large pearls swinging on her chest—it was quite the comedic sight.

Chen Pingsheng didn’t bother with her, and Song Yanxi was too lazy to intervene as well.

The spoiled brat wasn’t afraid of being hit at all; right after getting beaten, she waddled her plump little butt over to play with her sister.

Song Yanxi, on the other hand, received a transfer of three hundred and twenty million and another two hundred million from her husband.

With suddenly so much money, she didn’t even know how to spend it all.

Chen Pingsheng suggested she take twenty million and award it to the excellent beauticians at Water Cloud Space.

Selecting three from each branch, that added up to roughly seventy-five people.

Three hundred thousand each.

Song Yanxi thought it was a good idea, but she decided to hold a best employee event before handing out the awards.

She needed to let them know about it first.

Though twenty million might seem a lot, it was really nothing for their family.

Just buying a yacht that the spoiled brat liked would cost over fifty million.

Paying employees with cash, no loss there.

Song Yanxi had Chen Qi send out a notice at Water Cloud Space, and once the news broke out, it shocked the entire internet again.

You really can’t tell how many times they hand out money in a year around here!

Each time, it’s always at least tens of millions.

As for Chen Pingsheng, he had seventeen billion in his hands.

He had always dreamed of buying a large building in Capital City to serve as his group’s headquarters.

Now that he could, he naturally wanted to make it happen.

After he went to Tengying, the employees there knew that Bobo Milk Tea’s IPO was successful, and a small group achieved financial freedom, including the former head of the PR department, Yang Qian.

Chen Pingsheng called Bai Xin to arrange a meeting with the landlord of the Tengying building.

The building was quite nice, a small five-story building with twelve hundred square meters per floor.

Though not top-tier, it was still pretty decent in Chaoyang.

Middle grade.

After learning of his intentions, the landlord quoted five hundred million.

Chen Pingsheng didn’t even negotiate; he just prepared to move the headquarters.

Such conditions, a middle grade, even slightly low, yet they quoted five hundred million!

Originally, it was only because of the lack of funds that they moved there.

Now that there was enough money, he actually wanted to buy a high-rise office building of over ten stories.

Not only as the headquarters of Tengying but also to move Tenghui Department Store and Tengsheng Fresh Food into the same building.

Just the two hundred or so employees of Tengying obviously wouldn’t fill such a massive headquarters building.

Chen Pingsheng contacted some acquaintances to start looking around the area for grade A office buildings for sale.

And lo and behold, he quickly found one.

An eighteen-story super grade A office building, with lighting from four sides and a floor space of two thousand five hundred square meters per floor.

It also featured an employee cafeteria, coffee shop, convenience store, and everything else you could need.

Truly international standard, and only three to four kilometers from his house—it was super convenient!

"Mr. Chen, this building has six independent elevators ensuring your employees will never experience the slightest congestion during work hours."

"Additionally, this is your top-floor CEO office with lighting from two sides, sitting here to work can definitely ensure your mood is comfortable every day."

Chen Pingsheng took a look.

Truly a super grade A office building, the grandeur was something the small Tengying Headquarters couldn’t compare with.

An underground parking lot with two levels, plus eighteen above ground.

Just a street away from the bustling shopping district, priced at 9.8 billion.

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A fixed price, strictly no haggling.

With current real estate prices skyrocketing, the price was pretty solid.

A super grade A office building in a prime downtown location was around this price range.

Chen Pingsheng called the developer to sign the contract.

They didn’t talk much about the building, but rather shared about other topics.

The developer, in his fifties, came to Capital City to prospect for gold in the ’90s.

Initially, he started with the antique business which was thriving back then.

He only began building properties in Capital City after the 2000s.

He hadn’t developed many properties.

He preferred the way they made money in Xiangjiang, buying a plot of land and then building and selling gradually.

Waiting until real estate prices satisfied him before he started selling aggressively.

Like this super grade A building, he bought it back in 2003, developed it over more than ten years, and held onto it for another two or three years.

Feeling that property prices had peaked, he then put it on the market.

And truly, he turned the property value from one hundred million to over nine hundred million.

Developers from Xiangjiang, when they engage in real estate in the mainland, typically operate this way.

Whereas mainland developers often emphasize high turnover.

Land acquisition in one month, foundation laying in the next, and by the third month, they start selling.

Even if they sold for ten billion, they’d barely make a profit of less than 5%.

But for this developer, it was completely different. He developed few properties, but held onto them for seven to eight years.

Selling for ten billion, he could make at least half in profit.

All because property prices skyrocketed.

Safe and with high profits.

No worries about losing sleep at night, nor about unfinished projects.

This is the biggest difference between Xiangjiang real estate developers and those from the mainland.

They never engage in high debt, just high profit.

Chen Pingsheng buying this building even resulted in a pretty good friendship with the developer.

There were countless antiques in this tycoon’s home unfortunately, Chen Pingsheng was not into that sort of thing at all.

He himself also did not like to incur debt, so $980 million was reduced by $30 million.

It seemed to be a favor granted by the boss.

Chen Pingsheng made a one-time payment of $950 million.

After the two signed the contract, they formally notified Tengying to move to the new headquarters.

The design here was perfect, and all the infrastructure was in place.

There was no need for him to do anything further, but they still needed to hire people to thoroughly clean the place before moving.

Also, coincidentally, to clean all the building’s windows.

This aspect was typically the contractor’s responsibility, not his, and they would hold the handover ceremony in three days.

At that time, the sign for Tengying Headquarters would also officially be put up.

Changing to the headquarters building immediately brought out its impressiveness.

Could a company that owns an eighteen-story, first-class office building in a top-tier city be considered small in scale?

Who wouldn’t be dazzled by such a presence?

Secretary Bai Xin was so excited she almost jumped for joy; after all, she was the big boss’s designated secretary.

Tengying, the insignificant bystander, moved to such a prime location for office space.

Having the building bought by their own boss, this elevation in presence surpassed other entertainment groups by far.

Three days later, the sign for Tengying Entertainment was still being put up.

It was estimated to take another week before it would officially be mounted on this majestic top-grade office building.

However, at the handover ceremony, there were still quite a number of reporters who showed up.

After all, Tengying itself was a vortex of news as an entertainment group.

Before, some people doubted the authenticity of its ten billion valuation, but now they’d outright spent a billion to buy the headquarters building.

Who would doubt them now?

Ten billion seemed an underestimate; otherwise, how would it match up to a headquarters building purchased for a billion in cash?

The employee cafeteria here was managed by Fei Yangyang.

It could accommodate nearly a thousand people dining together.

The employee meals included lunch and dinner, with cuisines from all over, all buffet-style.

Take whatever you want to eat, only eight yuan per meal, fair to all ages.

By Chen Pingsheng’s standards, this was the lowest price for the highest quality.

If the employees didn’t eat well, how could he expect them to work comfortably?

Three major companies moved into the new headquarters building.

The ground floor served as the reception hall and also was a lounge for employees.

The second, third, and fourth floors housed the headquarters of Tengsheng Fresh Produce.

Currently, Tengsheng Fresh Produce had fewer than fifty stores; this three-floor space was completely sufficient.

The fifth floor was the employee cafeteria.

The sixth floor housed the employee coffee shop and gymnasium, as well as the recreation room.

Moving upwards, the seventh to eleventh floors were for Tenghui Department Store.

Having invested one point five billion, it was worth it to have five floors for its own headquarters.

As for the twelfth floor, it had been transformed into a cinema, screening room, and a multimedia discussion hall.

Given that Tengying was an entertainment group, such transformations were necessary.

From the thirteenth to the eighteenth floor was where Tengying Entertainment’s headquarters were located.

The thirteenth to fifteenth floors consisted of the Digital Marketing Department, Finance Department, Group Legal Department, and other departments where basic staff gathered.

Three floors of space could accommodate at least a thousand people working simultaneously.

As the foundational service departments for Tengying Group, this was completely adequate.

Moving up, the sixteenth floor was for Yang Mi and Zhao Liying’s personal studios.

Their personal teams operated out of there and it could accommodate a few top-tier celebrities,

though none were currently there.

The seventeenth floor was for the directors, with just two at Tengying currently.

One was the earliest, Yang Jiancheng, and the other was Chen Sicheng, who went to film The Disappearing He.

Beyond a few directors, the other half of the floor was a training room for newcomers.

Having the newcomer training room close to the directors’ offices was also a convenient arrangement for guidance.

The eighteenth floor was his and Tenghui Capital’s.

Over at Tenghui, it was mainly the marketing department Lin Jia was responsible for.

Chen Pingsheng assigned them to survey coffee shops nationwide.

He was quite interested in the coffee shop business.

If he could replicate another Bobo Milk Tea, then he could make another fortune.

Such business opportunities were indeed attractive.

When Tengying spent a billion to purchase the Capital City headquarters building, it still caused a huge stir in the entertainment industry.

From some point on, Tengying became the undefeated Victorious General within the industry.

There wasn’t a single unprofitable project with Tengying’s investment.

Just under five years since its founding, it had already become a unicorn and a behemoth in the industry,

surpassed only by established movie giants like Huayi.

Now, the news that it spent a billion to buy the headquarters building was indeed not an exaggeration.

Which other entertainment companies could achieve such a feat in just a few years?

None at all.

Truly wealthy and bold, without even breaking a sweat.

When Tengying Entertainment majestically unveiled its sign, people nearby knew that another behemoth group had come to the area.

It would be a lie to say they weren’t envious; who hasn’t dreamed of being in command at a young age?

To own a skyscraper in such a bustling part of Capital City,

one would certainly be an undeniable titan of the business world, capable of commanding wind and rain with a wave of the hand.

Everyone dreams of such a life,

but meanwhile, they think it would be very nice to simply work inside.