Reaching the age of thirty, my income randomly doubled-Chapter 833 - 636 Happy National Day

Increasing overseas investments is both a fallback option and a form of security.

Chen Pingsheng had also visited the bustling Singapore, and might often live there in the future.

A 20 billion USD investment is no small amount for him personally.

He would need to cash out all his remaining Tesla shares to gather the funds.

Speaking of, Tesla’s growth has been pretty phenomenal, with its current market value exceeding 680 billion USD.

The 1% of shares he owns, if entirely liquidated, would yield approximately 6.8 billion USD.

Converted to RMB, it totals about 45 billion.

Out of this, 20 billion will be invested into Singapore’s infrastructure and public service projects, with an estimated annual income of 700 to 800 million.

It would take about 25 years to break even, a timeframe that’s quite typical.

This investment is quite similar to his early ventures in commercial real estate, characterized by stability.

There’s not much risk involved.

Low risk naturally means lower returns.

As for the remaining 25 billion RMB, 20 billion will be allocated to Tengfei New Energy.

This will cover Tengfei New Energy’s funding needs for the first half of 2021.

The leftover 5 billion will be spent on acquiring assets for family improvements.

Like resorts.

He still had tens of billions unspent, even prior to this venture, so now he needs to consider how to use such a large amount.

After finishing up at the party, Chen Pingsheng called his wife, Song Yanxi, to report on the details.

The days passed slowly, and it was already late September.

When he returned to Magic City once again, he took over management of the Golden Mountain Five-Star Hotel from Old Yang.

As well as a resort with an investment of over 5 billion.

The hotel proceeded according to plan, entrusted to the Tengying Group’s logistics department for management.

As for the resort, after doing a brief tour with his family, Song Yanxi found it quite appealing—it was a quaint tourist town with both mountains and water.

It couldn’t compare to Sun Island, but for a family-owned resort, it was already extremely luxurious.

Bai Xin then called him, mentioning that with National Day approaching, the entertainment industry would host a grand event after the holidays, asking if he wanted to attend.

That kind of thing didn’t interest Chen Pingsheng in the slightest.

However, he couldn’t deny Chang Fu’s eagerness to go. As for entertainment industry gatherings, the most interesting part wasn’t about the speeches from the stage.

It was all about the flamboyant competition among the female celebrities seated down below.

This year, the entertainment industry was pretty much in shambles—out of ten companies, nine were losing money.

The remaining one had declared bankruptcy.

According to Bai Xin’s statistics, the unemployment rate across the entire industry had reached at least 40% this year.

That meant there were approximately half as many productions initiated compared to last year.

Some projects stalled due to reduced investment, others were canceled due to actor-related scandals.

But the majority were impacted by the pandemic.

It could be said that during this year’s entertainment gala, female celebrities vying for next year’s projects would be putting in extra effort.

Even his little cousin, Jiang Peiyao, spent more than half the year idling at home.

She didn’t mind, though—she had everything she needed regardless.

The gala event was still being held in Magic City, and many people had sent him invitations, though he hadn’t agreed to attend yet.

This time, he figured he could go have a look.

October 1st, National Day—his three kids were also on holiday.

Even his cousin Jiang Peiyao showed up at his house with her silly friend, Meng Ziyi, in tow.

"Brother-in-law, I heard from Bai Xin that you’re going to this year’s entertainment gala too?"

"Sort of, I’m just planning to make an appearance, nothing more."

Every time Chen Pingsheng saw his little cousin, it felt like she’d grown up a bit more. "And you? Did you win any awards?"

Jiang Peiyao said awkwardly, "I could’ve earned a small newcomer’s award by myself, but after Bai Xin asked me what kind of award I wanted, I ended up not daring to claim one at all."

"You, a newcomer’s award?"

Chen Pingsheng shook his head: "You’ve been in the industry for several years now—five, if not six—and you still have the nerve to aim for a newcomer’s award?"

"That’s all the skill I’ve got." Jiang Peiyao chuckled sheepishly. "Ziyi, on the other hand, could definitely snag a Best Supporting Actress Award."

Meng Ziyi wasn’t very old, her figure was amazing, and her beauty—well, let’s just say it was unquestionably top-notch.

Her only flaw was her overly aggressive aura and a face that clearly bore the hallmarks of influencer aesthetics.

Meng Ziyi had been with the company for nearly five years now, her performance neither outstanding nor bad enough to cause concern; she could definitely support herself without issue.

As a supporting actress, she often outshone the lead. But the moment she took on the lead role, public reception wasn’t as favorable.

She was born with the fate of being a supporting actress.

"Both of you have been at the company for so many years now. Awards aside, I’ll talk to Bai Xin about letting you each pick two female-led dramas this time."

"Brother-in-law, I can’t carry a lead role."

"Doesn’t matter if you can’t. Losing a few tens of millions is no big deal, but you’ve never seriously played a lead role, so how do you know you can’t handle it?"

To Chen Pingsheng at this stage, the entertainment industry was no more than a leisure pursuit, and his little cousin needed to move forward.

Regarding Meng Ziyi, she was more of an afterthought.

Her role in Ye Hongyu was still incredibly well-executed, and she’d definitely be excited given the opportunity to play a lead role.

To be honest, only two actresses could really carry an entire drama in the showbiz world.

One was Liu Yifei, the other Zhao Liying.

Zhao Liying’s influence was unmatched—any drama she appeared in guaranteed top-tier ratings.

Yang Mi, on the other hand, had been on a downward trajectory these past couple of years, as were the other two of the ’85 batch of leading actresses.

"Brother-in-law, I’m not here to ask you for resources."

"Even if you don’t ask, I’d take the initiative to give you some."

Chen Pingsheng said, "I can’t stand watching you remain a couch potato in the entertainment industry any longer."

All right… being a couch potato wasn’t as easy as it sounded.

Lots of actresses this year were grudgingly taking on short drama productions, and some had actually become quite famous in the field. freёweɓnovel.com

What’s more, short dramas could be pretty lucrative—those slightly well-known actresses could make tens of thousands a day.

Not bad at all. The entertainment gala was scheduled for October 8th.

Tourism in Magic City during this National Day holiday seemed to be quieter than usual.

After Jiang Peiyao left, Chen Pingsheng took his family to Sun Island for some fun.

The resort he’d purchased would take some time before the transition was completed.

Children loved activities at Sun Island like go-karts, beaches, horseback riding, and more.

But Er Ya’s temperament meant she’d only enjoy such places for a day; beyond that, she’d lose interest.

She’d rather bring along teams from her three companies to cruise down the Huangpu River in a superyacht.

Chen Pingsheng didn’t mind letting her be—Er Ya always darted off faster than anyone else and even took her little brother with her.

No choice but to take him along; otherwise, he’d end up running off to find Su Xiaoxi.

Chen Pingsheng could only sigh helplessly at this, while the spoiled brat had a great time playing as usual.

The family spent the first day of National Day at Sun Island.

On the second day, they boarded a mid-sized superyacht docked in Magic City for two days of ocean exploration.

By the fourth day of the holiday, everyone went back to their independent activities.