Reaching the age of thirty, my income randomly doubled

Song Yanxi returned home.

Today, she truly had her moment in the spotlight, and she'd probably make the headlines of most Magic City newspapers tomorrow.

After all, it was the largest private library in the country built with a donation of 800 million; it would be a lie to say it hadn't made waves.

Chen Pingsheng was very calm about it and even told her not to get too excited.

He suggested keeping a low profile in public or in front of the press media.

Song Yanxi understood, "Honey, tomorrow is the opening ceremony of your super factory. It'd be tough to stay under the radar, wouldn't it?"

"There's no need to keep a low profile for that."

Chen Pingsheng lay in the yard drinking tea, "You see, some people here in Magic City quickly pay to get off the Forbes list as soon as they get on it. There's no need for us to be low-key about our investments in new energy. The state supports it, but the risk is still very high. Today, Old Yan even talked to me about establishing an electric motor and electronic control R&D system."

New energy vehicles rely on electric motors and electronic control systems primarily to replace the traditional engine (and transmission).

Their performance directly determines the primary performance indicators of electric vehicles, such as climbing ability, acceleration, and top speed.

It goes without saying that the technology and manufacturing level of the electric motor and electronic control systems directly affect the performance and cost of the entire vehicle.

Several executives sat together in a meeting, whether it was Old Yan from the former Sany Heavy Industry Research Institute,

or Xu Dong, the former president of Huawei's Consumer Business Division, they all unanimously agreed that he should establish his own electric motor and electronic control R&D team as soon as possible.

This was a matter of urgency.

Song Yanxi asked him doubtfully, "That's going to take a lot of money, isn't it?"

"Not too bad!"

Chen Pingsheng said, "Just an R&D budget of three to five billion a year. No one can guarantee what exactly will come out of it. If you want to lead in technology through your own research, you have to take risks."

Song Yanxi simply held her forehead; she couldn't make sense of these figures on the computer anymore.

Setting up a battery plant cost over fifty billion, and every year an additional fifty billion was invested in specialized battery research and development.

To work on motor and electronic control, it would again be three to fifty billion a year.

And there was the crucial intelligent driving system.

Her husband intended to dominate all three key components of new energy vehicles.

These were precisely the three most critical technologies for producing new energy cars, and it could be said that whoever led in these areas would truly dominate the future new energy market.

Chen Pingsheng's philosophy remained the same: if you're going to do it, you have to do it the best.

"Honey, don't you feel the pressure?"

"Pressure is what drives me."

Chen Pingsheng gently reminded her, "The annual event at Water Cloud Space in Capital City is still set for the end of each year, and for Magic City, I think the end of July would be best."

To him, the Water Cloud Space event was an annual money-making affair he had to organize.

There used to be just the one in Capital City, but now there were a few dozen in Magic City.

It was possible to hold an event once a year.

If luck was on their side, they could raise a billion or so from both cities, and with additional random increases,

they could easily rake in two to three billion a year.

As long as he planned it well, he could afford the costly investment in new energy.

Once it was successful, the revenue would be unimaginable.

Song Yanxi thought about it and agreed that staggering the events a few months apart from Capital City was definitely for the best.

The Water Cloud Space in Magic City hadn't been open for long, but both flagship stores had accumulated a lot of quality customers. Holding an event in July,

they should also be able to bring in seven or eight hundred million.

Raising money, raising money, was all Song Yanxi could think about.

As for how to spend the money once she got it, she hadn't really thought about that.

Anyway, they already had more than they could spend.

Later, Old Lady Peng Qing, who she was supposed to call Auntie, came to visit with Hu Shengtian, carrying things and apologizing, asking if he wanted to see them.

Chen Pingsheng waved his hand to refuse; this guy, after being fired by Yang Xiaolan, was now very well behaved.

He kept trying to please Old Lady Peng Qing in every way.

And he wanted to meet him? There was no chance.

...

The next day.

Reporter Meng Yuyu from Magic City arrived early at the super factory.

After a month of negotiations, Tengfei finally received a thousand acres of industrial land approved by Magic City to build the Tengfei New Energy super factory.

This is also the largest investment in a new energy super factory in the country to date.

The news in all aspects is extremely eye-catching.

It can be said that Tengfei has become the strongest newcomer in the field of new energy within a short period of time.

Whether it's the top management team they have now assembled or the substantial funds they have invested, they are far ahead in this field.

Far surpassing those Internet entrepreneurs.

On the last day of June, the groundbreaking ceremony for the super factory was a major event.

There was a countless number of important figures attending, and what excited Meng Yuyu the most was just how many high-profile individuals were present.

The big boss behind Tengfei, who is also the big boss of Tengying Group, can no longer hide behind the scenes and command from afar.

Today would be his first time accepting a media interview.

Just this one fact had her extremely excited.

She had also prepared for several nights and had a list of sharp questions ready for the interview later on.

As long as she could ensure the big boss of Tengying Group attended today, she dared to guarantee that the interview would be spectacular.

In the morning, many things were still procedural.

When the big shots made the journey from Capital City, of course, they intended to give a speech.

The main point was still to offer encouragement.

After he finished speaking, it was Chen Pingsheng's turn to take the stage.

His assistant, Zhang Wanyi, had even prepared a speech draft for him in advance.

Everyone knows that important speeches at significant events generally require a draft or an outline.

Especially once your identity becomes distinguished from the rest, the words you speak carry great influence.

Especially in public settings.

Chen Pingsheng simply made a brief statement of his thoughts and quickly concluded his speech, which brought the time for the press interview.

Meng Yuyu thought to herself that the big boss of Tengying Group was still as low-profile as ever.

Investing 12 billion to build the country's largest integrated new energy super factory, yet he still didn't talk much about it.

In public settings, he truly didn't want to be exposed too much.

This was very different from the other big bosses she knew.

Meng Yuyu arrived early and thus secured a good spot.

She was the first to raise her hand and ask, "Mr. Chen, I heard that you were always involved in traditional fields, and we acknowledge your accomplishments in the traditional industries, but what do you think are your advantages in entering the new energy field?"
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"What makes you confident that you can succeed in car manufacturing?"

This female reporter sure asked some sharp questions.

Chen Pingsheng was puzzled—weren't all the reporters briefed in advance?

Why would she lead with such questions?

Chen Pingsheng thought for a moment and replied, "Firstly, I have to admit that I really am an outsider to this industry, even a novice."

"But if you're asking about my advantages in entering new energy, it's quite obvious—my pockets are a bit deep, and that's the confidence I have to enter this field."

"As for your second question, how can I ensure success in car manufacturing?"

"To be honest, nobody can guarantee success before they start something; if they did, they're probably a fraud."

Chen Pingsheng said, "Perhaps you're more interested in asking what my core philosophy is when it comes to car manufacturing?"

"Regarding this, I've met with several executives for three days, asking them what the core technology for new energy car manufacturing is."

"They said it's the batteries, motor and electronic control, as well as intelligent driving."

"For the battery field, I acquired the country's largest battery factory and have set aside 15 billion for R&D."

"For the motor and electronic control systems, I'm planning to spend thirty to fifty billion each year to recruit the top experts from related fields for R&D."

"In fact, to truly be globally leading in the field of new energy within the country, the key still lies in technological research and development. If our technology can't lead the way, merely relying on assembly would be utterly meaningless."

"My concept for car manufacturing is very simple: use the most money, spend the most on research and development, hire the best talent, and then together build an economic and durable car that is enjoyable and reliable for the general public to drive."

It was very plain and straightforward.

Without a trace of flowery rhetoric.

Meng Yuyu felt that the big boss had genuinely addressed her question.

He didn't evade the important points at all.

As he said, no one could guarantee success in car manufacturing right from the start.

Chen Pingsheng couldn't either—he was only giving his best effort.