Reaching the age of thirty, my income randomly doubled

In September... the news of Chen Pingsheng cashing out 300 billion US dollars caused a seismic-level capital shock, not only abroad but also domestically.

The main purpose of this cash-out is to solve three things. One is to pay off the entire remaining balance of the world-class cruise ship Tengying, which left about 30 billion.

Additionally, upgrading the originally planned six-star Tengying Hotel to a seven-star hotel, which there are only a few worldwide.

Further increasing 15 billion funds, similarly paying off the entire balance of 35 billion.

Also, Tengfei Mobile released all the research and development funds for the next two years, including development funds.

Approximately 50 billion.

The three items combined are almost spending 115 billion.

This also means he won't have many spending projects in the next three years, apart from donating 15 billion to Magic City.

The remaining 80 billion was entirely allocated to Tengfei AI for the development of AI phones, AI intelligent robots, AI systems including AI chips, and a series of core technologies.

With this funding, it also means the AI sector won't lack money in the next two years.

After completely solving Tengying Group's existing debt problem, Chen Pingsheng's investment path began to change from attack to defense.

So far, the shares his entire group holds, including his wife's side projects, can stably generate an annual net profit of just around 22 billion.

Although this amount is not small, he still plans to increase it to around 40 billion.

The mobile phone project has been completely developed, and the first Tengfei AI smartphone is expected to be released by June 2025.

The pricing will be around 5,000, belonging to mid-to-high-end models.

Aside from being equipped with a series of related professional technologies by Tengfei AI, the most important feature is the standby function of the solid-state battery, at least 50% longer delay compared to phones in the same price range.

Additionally, paired with top-quality Samsung screens and Qualcomm mobile chips, this complete set is priced at only 5,000.

It's hard not to be popular, it's genuinely a friendly price.

Tengfei Mobile's goal is clear: the best configuration at the lowest price.

For the next three years, they're just planning to make friends; once sales fully rise, they'll consider the profit issue.

This is the benefit of independent investment.

Moreover, his own Tengfei AI has been developing robots with related technology.

Completely replacing Tengfei Mobile's super factory, including Tengfei New Energy's human resources, is already just around the corner.

Once this step is completed, labor costs will certainly be minimized.

This is an inevitable trend. The development of cars eliminated the human car driver; continuous development of AI robots will also rapidly eliminate those assembly line workers.

After Tengfei New Energy Cars firmly took the domestic sales lead position, Tengfei Mobile also only needs a few more years to undoubtedly break into the top three positions.

Tengying Group definitely has the strength now.

This is inseparable from the group's annual research funding exceeding 150 billion.

He spent seven years accumulating to this point, and once he gains momentum, it's unstoppable.

Once he takes down the mobile market, the future trend will certainly be moving toward developing the entire AI industry, including home appliances.

This is also because investing 40 billion research fees annually in Tengfei AI requires a large market to recover the investment costs of the research sector.

Amongst which computing technology is the most important.

After completing this cash-out, his personal and group funds will be particularly abundant in the coming years.

Doing research must be like this; one cannot expect to gain exorbitant profits in the short term—that would only backfire.

Also, next year, Tengfei New Energy will launch a true trump card car under its brand, still equipped with the latest solid-state battery.

With a full charge, the range reaches 3,000 kilometers, and the price has already dropped to between 350,000 and 400,000.

Paired with existing AI intelligent driving technology, it won't be long before Tengfei New Energy Cars dominate this track.

It's certainly exciting.

...

Since '24, the harder property prices become, even the surface-level prices struggle to hold.

Those who bought properties seek stability, those who haven't want prices to fall.

When market supply far exceeds demand, this long-standing equilibrium line will inevitably be rapidly broken.

The issue of property prices can be said to be the hottest topic of 2024, unrivaled, even compared to today's dating conversations.

After Chen Pingsheng cashed out 300 billion US dollars, Tengying Group officially announced the complete transformation into the technology industry.

The traditional businesses in hand were already merged through various integrations into giant enterprises.

In the next three years, he won't have any debt or financial burdens.

The remaining NVIDIA shares in hand, including the 1% of Microsoft, naturally won't need to be cashed out urgently.

The family's Chen An'an, preparing for senior year's battle, began her countdown to the college entrance exam, not only counting down on her phone but also sticking large tags in her room showing the remaining days to the exam.

As for her younger sister Er Piya, she's also started her first year of middle school.

Unlike her sister's understated and ordinary middle school experience, Er Piya walked with exaggerated steps fit for the Second Princess on her first day of school.

The pomp was enormous.

Middle school mostly involves attending boarding school, while Chen Xinyi had never lived outside from a young age, naturally unwilling to live in school.

This time the opposition was invalid, starting middle school still requires slowly adapting to the outside communal life.

Just like her sister, she also shares a room with four people.

Er Ya chose the best bed and placed many of her exclusive items in the dorm.

The reason she faced no opposition doing this was mainly because she offered so much.

Er Piya doesn't quite understand why her sister needs to prepare for the college entrance exam daily as if she's on a sugar high—isn't it really simple?

If she really can't make it, they can't afford a place?

This is the biggest difference between her and Chen An'an; An'an especially wants to prove herself academically.

The college entrance exam is her best way to prove it.

Jiang Tang, who excels academically, accompanies her every day to study together; the two have agreed to apply for the same university.

If Jiang Tang gets accepted and she doesn't, that would be extremely embarrassing.

In the past, many people said the college entrance exam is the most important turning point in life; now, hardly anyone discusses it in such terms.

Mainly because getting into college is just that, Chen An'an wants more to prove herself.

She's taking the college entrance exam alone, with the whole family mobilizing.

Every relative who sees her greets her with, "An'an, go for it, you will definitely get into a good university."

Even her sister says the same, showing Chen An'an truly treats the college entrance exam as the primary task in her life.

Whether she can get into a university she's satisfied with is unknown, but the one thing that is certain is she's really working hard at this.

Even to the point of dreaming about how many points she scores at night.

All these years, this really is the first time in life.

Chen Pingsheng doesn't want her to be too stressed, directly telling her to take it easy.

Their family doesn't need to treat the college entrance exam as a turning point in life.