Reaching the age of thirty, my income randomly doubled-Chapter 506 - 305: The Big Deal_2
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This would solve the housing needs of tens of thousands of people, and if word got out, their family could truly become known as a great philanthropic household.
The boss’s benevolence is not just about providing employees with a respectable job but also a sizable income.
It would be even better to address a bit of their basic necessities, and in doing so, the majority of the employees would be quite satisfied.
The construction of Tengying Town is currently still in the planning phase.
A detailed blueprint from an architectural design firm is required before officially inviting state-owned infrastructure units to undertake the construction.
For this reason, Chen Pingsheng specifically set up a special construction fund for Tengying Town.
The initial investment was nine billion, including the six billion amplified by Golden Finger Grandpa.
It also included his own original three billion.
With this ninety billion in funding, the progression of all work is also being accelerated.
On April 12th, Tengying Group officially held a promotional design conference for Tengying Town in Magic City.
During the event, thirty-nine top domestic and international design firms competed with their proposals for the design contract of Tengying Town.
Some suggested building Future City, with everything centered on science fiction.
Others proposed building a European town, employing the concept of a European-style street and self-constructing a top-tier design encompassing European castles and cities.
This proposal garnered much approval.
The firm that proposed it was also one of the most prestigious international design firms.
The advantage of a European town is that it is particularly beautiful and majestic; the downside is that it compresses the headquarters’ space.
Where it could have accommodated fifty thousand people, due to the European style, it could now only hold twenty thousand people working online at the same time.
Another representative had a pretty special identity.
Zhang Sitong unexpectedly spoke as a representative of their design firm in such a high-level circle.
She herself was extremely surprised, as her boss had especially brought only her along.
The primary reason for this was undoubtedly that Song Yanxi had invited her over for a private dinner at her home.
Zhang Sitong’s design proposal was far from simple, titled "A Peach Blossom Haven in the City".
Her plan did not consider the budget of Tengying Group at all; it mainly proposed using the 700 acres of land,
to combine modern technology with natural scenery.
By transplanting a large quantity of famous trees and landmarks from both domestic and international sources, Tengying Town would be wholly transformed into a prime location that integrates modern offices, leisure, and a serene environment perfect for recuperation.
The part of the proposal that demanded the most funds was not even the peripheral trees,
but each headquarters building would mix the style of modern skyscrapers with that of original forests.
This required cultivating a variety of famous flora within the buildings.
The project was expected to require funds between eighteen and twenty-four billion,
not including any land purchasing costs.
Meaning, to build such a modern forest in the city as a headquarters, at least twenty-eight to thirty billion would be needed.
Undoubtedly, this was a staggeringly high figure.
The group could only have one final verdict, and that was up to Chen Pingsheng himself.
It has to be said, aside from being expensive, her proposal had no real drawbacks.
Who wouldn’t want to enjoy some natural scenery while working, and experience the raw charm of nature?
After listening to everyone’s presentation, the result was that Chu Qiuyan, Yang Qian, Chang Fu, Gao Hu, and the others unanimously agreed.
They would adopt Zhang Sitong’s firm’s design.
When the decision was hammered down, Zhang Sitong felt as though she was dreaming.
Such a proposal, of course, wasn’t designed by her alone.
She didn’t have the capability; the plan was the result of her boss collaborating with all the capable members of the firm over ten days of discussion.
It was also because he knew that Tengying Town planned to transplant a large number of oak trees into Tengying Headquarters.
That’s why he came up with the ingenious proposal of a modern-forest-style town.
Of course, he took a big risk.
Because everyone knows that trying to create a perfect natural scenery inside a modern headquarters building
is like burning money.
Burning through significant amounts of capital every second.
As a top-tier designer, who wouldn’t want to take on such a design?
In the future, whenever someone visits Tengying Town, everyone will remember their design firm’s name.
And it would make a mark in the design community.
A headquarters town with hundreds of billions in investment costs, such a design proposal is bound to become famous in the circle.
And it would lead countless people to fiercely compete for it.
Upon returning home in the evening, the entire company celebrated for Zhang Sitong.
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At this moment, she really only wanted to cry.
She also had a deeper realization of the immense influence wealthy families have on ordinary people like them.
For Tengying Group, it was just a preliminary design plan that had been approved.
For architects like them, indeed, it could make them renowned within the famous architectural circles of the country.
This is the power of wealth.
Their every word and smile could cause endless sorrow and tears in the ordinary social circles.
Such a large design project, naturally, couldn’t be completed by just one or two people.
In the coming months, their entire design office would be busy with Tengying Future Town.
As for Zhang Sitong herself, she directly received a bonus of five million.
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It was also because of the insider information she provided about oak transplantation that her boss was able to propose the forest design.
So, for design schemes at their level, most of them are neck and neck.
There are hardly any that stand out significantly from the rest. Discover exclusive tales on novelbuddy
The key was to see who could design something more in line with what the boss had in mind.
A design fee of 180 million, coupled with fame throughout the entire design circle.
Undoubtedly, this was a super order.
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The initial plan being confirmed, it would still require several months of effort from a team of people.
Only then could the final design plan be determined.
From the start of construction to its completion, it was estimated to take another two years.
This is what being unconcerned about money looked like—if there was a lack of funds, the progress of the project would be intermittent and no specific date for completion could be set.
An expectation of over twenty-five billion was beyond the imagination of everyone inside.
Everyone was quite excited and hopeful about moving to the new headquarters one day.
As for Chen Pingsheng himself, after selling 25% of the listed shares of Snacks Dash.
Of all the listed companies, he still held the most shares in Tengying Entertainment.
40%.
If calculated based on the current valuation, it was worth approximately fifty billion.
In addition, he still owned 24% of Tenghui Department Store shares.
As for Antler Coffee, Bobo Milk Tea, Fei Yangyang, etc., he had already cashed out during their IPOs.
Only the final 5% remained.
When money was tight, it came fast and fierce. Chen Pingsheng had Tong Zelan look for buyers in Xiangjiang.
He hoped to sell 19% of Tenghui Department Store’s shares, thereby cashing in thirty billion.
At present, Tenghui’s stock price was twenty-two billion.
By seeking private equity transactions, naturally, he would have to offer a twenty percent discount on the stock price.
Tenghui Department Store had not too many outlets, but it had the advantage of stable operation, owning all of its storefronts.
The most favored assets in Xiangjiang were those with such stability.
No matter how the department store landscape might change in the future, their position was very stable.
Especially now, having bought four super storefronts in Xiangjiang and built four Tenghui Department Stores.
A fifth of the shares priced at thirty billion was not considered too high.
In the end, it was not someone else who took over but Guo Ziyi, who wanted to buy his 19% stake.
However, there was an additional condition: he hoped to simultaneously purchase 10% of the shares of Xin Teng Live Streaming.
With the rise of short video, Tenghui Department Store had another major advantage.
That was establishing Global Selection in partnership with Kwai’s stronghold, Xin Teng Live Streaming.
Via online channels, they could comprehensively solve both inventory stockpiling and offline sales issues.
Combining the two was the main reason why Tenghui Department Store’s valuation exceeded twenty billion.
After all, its commercial assets had been stripped to Tengchao Commercial Management.
Chen Pingsheng thought about it and agreed.
Actually, there was another important reason: Xin Teng Live Streaming was already on the track to go public.
Once successful, the returns on Guo Ziyi’s investment would obviously be very high.
19% of Tenghui Department Store shares, plus 10% of Xin Teng Live Streaming.
Together, they were priced at forty billion yuan.
Since these shares were held by Tenghui Capital, naturally, the transaction would take place in Xiangjiang.
He also rushed to Xiangjiang to prepare for the signing ceremony.
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