Reaching the age of thirty, my income randomly doubled-Chapter 751 - 559: No Regrets

Chapter 751 -559: No Regrets

Chang Fu left Tengying Group.

Chen Pingsheng even held a grand farewell banquet for him, and he left without any regrets.

The brothers had fought together for six years.

Six years later, they were all financially free, and when he decided to find his own sky.

The brothers gave him their best blessings, and Chang Fu left this place he had struggled for six years without a shred of regret.

In fact, he hadn’t even decided what to do next; he simply carried a backpack and took a card holding tens of billions to visit Gao Hu in Guangzhou.

Gao Hu had been very busy because of the opening of old friends.

Unlike the busyness of working in an office, he had finally remembered that he was a chef.

Every day, he was bustling around in the kitchen, and when Chang Fu showed up with his backpack, Gao Hu was both surprised and delighted.

Surprised that he had left Chen Pingsheng, delighted that he still came to see him first after leaving.

Chang Fu sat by a small table near the window, and Gao Hu handed him a cigarette of Laobaisha.

“You smoke this too?”

“Mm… after all these years, I still like this brand.”

Gao Hu asked him if he had plans for the future, and Chang Fu said no—he wanted to relax for half a year first and then see where life would take him.

But he wasn’t simply here to visit Gao Hu; he had also prepared a hundred million for him.

It was a brotherly investment.

Gao Hu’s credit was now shattered; if it weren’t for the support of these old brothers, he wouldn’t be able to get a single cent in the capital market.

Chang Fu left without asking for any shares—the hundred million was invested just like that.

If the investment failed, they were still brothers; if it succeeded, they would remain brothers all the same.

Similarly, he gave Zhang Tao’s two children each a card worth fifty million.

After Zhang Tao left and Chen Pingsheng sorted things out for him, it was only natural for him to do something on his own.

When he eventually left Guangzhou, he truly traveled the world.

He often shared photos of skiing on snowy mountains and even posed with penguins in Antarctica.

Life was carefree and full of joy.

Yang Qian also met up with him occasionally; the two of them were living their happiest days now.

Perhaps this was because they had been through a lot.

Yang Qian had gone through a divorce—a particularly disastrous marriage. Chang Fu had dedicated many years to her, waiting patiently for her.

To have come this far, it was certainly a picture of domestic bliss.

When Tengying Entertainment shut down celebrity live streaming and announced that all their stars were banned from selling products through live streams.

The capital market was thrown into an uproar, and the stock price plummeted soon after.

As for the public reaction, it was quite lively—a case of “listening to advice.”

Bai Xin publicly admitted during a press conference that celebrity live streaming represented a kind of “dimensional reduction attack,” negatively impacting markets and ordinary entrepreneurs alike.

Tengying Entertainment even went so far as to declare in their statement that celebrities shouldn’t be competing for ordinary people’s livelihoods.

The news conference ended hastily, but its impact on the public lingered for a long time.

Because up to this point, no large corporation had ever listened to advice so openly.

They had even explicitly stated that using high-end societal resources to deprive ordinary people of employment opportunities was a form of unethical market competition.

Tengying Entertainment’s retreat set a benchmark for all large-scale enterprises.

The incident triggered numerous expert discussions on whether large corporations should continue to encroach upon or even eliminate ordinary people’s chances for survival in the market.

Many large enterprises, once they reach a certain scale, tend to ruthlessly expand into lower-level sectors.

If this trend is allowed to persist, in merely twenty years, ordinary people might have no entrepreneurial opportunities left.

Any talk of grassroots entrepreneurship could become utterly meaningless.

Chen Pingsheng’s withdrawal clearly showed he was taking on the responsibility of his era.

At the same time, he was giving people like his younger self more space in the market.

No matter how positive public opinion was, it couldn’t offset the full-scale backlash from the capital market.

It was predictable that after cutting off live streaming, Tengying Entertainment would rely solely on increasingly dated films and dramas.

Against the fast-paced stimulation of short dramas and short videos, their profitability was bound to plummet.

At this moment, if you don’t leave, then when will you?

It wouldn’t be an exaggeration to say that countless shareholders, including those with minor investments, were furious.

It was obvious: this was Tengying Entertainment voluntarily giving up.

If it weren’t for Chen Pingsheng’s decision to quit, the pressure of public opinion could’ve been reversed instantly.

Unfortunately, this time, Chen Pingsheng chose to stand with public sentiment.

This directly caused Tengying Entertainment’s stock price to fall, as expected. It raised the question of why owners always prioritize the directions dictated by the capital market during crises.

Updat𝓮d from frёewebnoѵēl.com.

The answer is simple: ordinary internet users can’t boost stock prices.

The capital market, on the other hand, can—positive feedback online won’t prevent stocks from crashing.

Because of Chang Fu’s departure, Tengying Entertainment had to select a new president; it was a situation calling for someone to take on responsibility in a time of crisis.

Without consulting anyone, Chen Pingsheng appointed Bai Xin as Tengying Entertainment’s third president.

Though she had done a lot previously, she had always held the position of chief secretary—now she had finally climbed the ladder to the top.

Similar to Zhang Wanyi, jumping from a secretarial role to president.

And not just any company—the president of a billion-dollar corporation, offering unmatched social standing and financial rewards compared to her past status.

Even as Tengying Entertainment’s stock price continued to tumble, Chen Pingsheng waited patiently for it to bottom out before officially promoting Bai Xin.

It could be considered a way to reduce pressure on her.

In the end, young people’s entertainment choices were simply too diverse.

This was the main reason behind the slump in films and dramas.

Although short dramas were sometimes exaggerated, they were well-loved by middle-aged and elderly audiences. Short videos, despite their tendency to feature provocative dancing.

Were undeniably popular among young people.

Compared to dramas that sometimes took an hour without making any clear point, “snappy and quick” short videos were more likely to capture the hearts of the youth.

This was a necessary outcome of the times, driving the industry to progress continuously.

Speaking of the days when BAT (Baidu, Alibaba, Tencent) entered video apps and churned out traffic-fueled idol dramas.

The seeds for today’s predicament had already been sown back then.

In all these years, the country hadn’t produced another movie superstar like Stephen Chow, Cheng Long, or Jet Li.

All martial arts dramas were slow-motion spectacles; a pretty-boy actor getting a slight scratch could become sensationalized as major news.

The industry was in such decline that no single individual could turn it around.

Even someone as formidable as Chen Pingsheng couldn’t.

Tengying Entertainment’s stock price dropping below the trillion-dollar mark was inevitable; given the group’s current scale, its principle was always “if one part dimmed, another would shine.”

News of celebrities being banned from live-streaming sales was undoubtedly negative for Tengying Entertainment.

But it was unquestionably great news for other short video platforms.

Teng You Media and Xin Teng Live Streaming surged uncontrollably in this newfound wave.

See? With these dynamics balancing out, he didn’t suffer any real losses.