In addition, there’s the Tengfei D6 currently in testing, a range-extended sports sedan priced between 120,000 and 160,000 yuan.
These two models are the real future flagship products and a perfect demonstration of their full supply chain capabilities.
You could say that now they’re fully qualified to continuously lower prices.
All of this is thanks to Tengfei New Energy’s meticulous construction of a full industrial chain.
It enables them to continually reduce sales prices without compromising the quality of their vehicles.
This in itself is an exceptionally impressive achievement.
You could say that by 2023, when Tengfei New Energy no longer requires him to subsidize R&D expenditures...
The pricing of Tengfei’s fully electric models might even be controlled below 120,000 yuan, with a full-charge range of up to 600 kilometers.
That would undoubtedly be an astonishing technological breakthrough.
It also means their sales are likely to experience explosive growth.
With skyrocketing sales comes further cost reduction.
At that point, Tengfei New Energy will officially have made it.
They’ll even hold strong competitive advantages overseas—there’s no way not to be excited about that.
Chen Pingsheng shut his laptop and prepared to visit the investment company that Chang Fu had set up.
After losing big money in the stock market, the guy pivoted to investments.
Whether he succeeds or not is another matter, but it’s true he’s mostly idle every day.
He played to his strengths, funneling most of his money into the short video sector.
With his connections and resources in that field, he may not make a fortune, but it’s certainly better than his previous ventures.
...
Chang Fu opened a small headquarters in Lujiazui, using it as his investment base.
He has standards for his investments; he only funds those recommended by friends or brought to him by acquaintances.
As for opportunities without any connections, he won’t entertain them and won’t waste time on ordinary people.
This approach is drastically different from the work he did with the Dream Fund.
Chen Pingsheng arrived alone, unannounced. Chang Fu had hired two young female secretaries for himself.
One was a recently graduated campus belle, the other was introduced by a mutual acquaintance.
Both were stunningly attractive, one even showing some cleavage at work—it didn’t come across as particularly professional.
"Old Chang, is this your way of cutting loose since Yang Qian’s not home?"
Chang Fu was admittedly wavering on this point, but what could he do?
He’s at that age where he’s financially set and has long lost ambition in his career.
Power? That’s out of reach. Aside from young, beautiful women who can still stir his excitement a bit, he doesn’t have much else.
"Old Chen, you better not tell my wife. I do have principles, you know. I’d rather spend money than bring them home, and I certainly wouldn’t let my wife find out."
Chang Fu was much smarter than Gao Hu. Sure, he did indulge, but his approach was like many other wealthy men.
The family’s "red flag" must never fall, while outside, he’d spend millions every few months on a fling.
He made sure never to let them cause trouble with his wife. From the outset, he’d make it clear: he’s married, and if they’re willing to be a straightforward mistress, he’ll pay.
If not, they could leave without any issue.
"If your wife found out, there would be hell to pay."
"That’s where you’re wrong. My wife isn’t completely clueless; as long as I don’t go overboard, it’s fine."
Chang Fu chuckled. "She spends most of the year abroad. What am I supposed to do? Go to a foot massage parlor? It’s far better to spend a few million on a young secretary regularly."
It’s a very practical matter: the availability of beautiful women is only scarce among ordinary circles.
In their elite circle, it’s extremely common. Countless young women would do anything to break into it.
"Are both of them on your payroll?"
"Nah, I don’t have the energy for that. Just the university graduate. After she started working here, I checked in on her a couple of times, and then I made my intentions clear."
Chen Pingsheng took a sip of tea, too uninterested to press further on these subjects. The allure of beauty never fades; men will always favor eighteen-year-olds.
It wasn’t his place to comment. As he left, Chang Fu even made a point to have the girl join them for dinner.
Girls these days are surprisingly unrestrained. Spending half a year to a year with a rich boss...
And a few million is in the bank. If you pulled one aside on the street to survey and suggest something like that, they’d scoff and say they’re above it.
But if the opportunity really presented itself, without needing much convincing, reality would make over ninety percent of them comply.
The same disparity exists for female celebrities in the entertainment industry. You make sacrifices to gain fame—some give a little, others give a lot.
Chang Fu offered the girl a monthly rate of one million: being a secretary when needed, and a mistress when not.
The guy genuinely had no intention of progressing his career anymore.
Chen Pingsheng went to Gao Hu’s place afterward. Unsurprisingly, the guy had reverted to his old ways, swapping girlfriends every few days.
The only difference was that most of them were now online influencers.
The arrangement was simple: mutual enjoyment, no strings attached.
Just a typical relationship dynamic.
When Chen returned home, Er Piya was there as well. The brat had surprisingly calmed down and was consulting her mother about business matters.
She seemed more mature—but in reality, she just wanted her mother to lend her a few smart people.
Her older sister was busy with VR ventures, while she had set her sights on pre-made meals.
These foods weren’t about health but just enough to satisfy basic hunger.
Yet, there’s no doubt this industry was the next big thing.
Not only were ordinary people buying them in grocery stores, restaurants were increasingly using pre-made dishes.
The selling point was convenience—heat it up in a pan, and you’re good to go.
The downside was it wasn’t as healthy as freshly cooked meals.
Big corporations were already investing heavily in this space, and Er Piya was joining the fray.
Her decision stemmed from groundwork market research.
The direction was sound; with her background, she naturally had a leg up over ordinary people in picking business trends.
It was more a question of execution than vision.
"Dad, you’re back?"
Er Piya was still slightly chubby, now about to enter fifth grade. Though she wasn’t as chaotic as before—like hosting fan meet-and-greets on a whim...
There wasn’t much improvement either.
"What, are you hoping I’d come back even later?"
"How could I, Dad?"
Er Piya lifted her chubby little face and said, "I was just talking to Mom about borrowing two people smarter than you for my company."
"Good thinking. You should learn how to manage smart people."
Chen Pingsheng pinched her cheek. "This time, you’d better take it seriously. If you casually lose another two or three hundred million, your ’genius’ title might not hold up much longer."
"I won’t let it happen."
Er Piya was quite competitive; failing once was tolerable, but to fail again and again?
That would mean the glorious title of "absolute genius Second Princess" truly wouldn’t stick.
This time, she was determined to make her pre-made food business work.
The family’s spoiled brat and Er Piya were now relatively trouble-free—the only headache remaining was Little Third, Chen Lu.
The boy was dead set on being Su Xiaoxi’s puppy.
Song Yanxi summoned him over to deal with it, but Little Third Chen Lu brought Su Xiaoxi home to plead his case instead.
"Pingsheng, isn’t the Su Family going too far? How can they exploit a five-year-old boy like this?"
"How many days has Little Third been whining to you now?"
"At least three or four days, I think!"
The Su Family’s troubles were steadily escalating. If they couldn’t come up with billions to repay the bank loans, bankruptcy was inevitable.
After that, Su Xiaoxi wouldn’t even qualify to be Chen Lu’s classmate.
"Hmph… He’s just a kid, can’t let him run wild. Not a dime to the Su Family, and find a way to get Su Xiaoxi transferred out."
Chen Pingsheng rarely meddled in these affairs. He’d offered suggestions to the Su Family before.
He even offered to buy their land to help them out, but unfortunately, they lacked the resolve.
Still clinging to hopes that the higher-ups might loosen policies and save them, but the outcome is what it is now.
Houses aren’t selling, bank loans are due.
Their debt across various channels was ultimately what crushed them.