Reaching the age of thirty, my income randomly doubled-Chapter 948 - 707: An’an’s Trial Ends

The housing prices in Xiangjiang have also collapsed significantly over the years.

If calculated according to the average standards of most developed countries worldwide, an average adult male only needs to work for ten years to afford a fully paid hundred-square-meter small apartment.

However, this standard is clearly not applicable to Xiangjiang, which means that housing prices are still seriously inflated.

In 2020, ordinary housing prices in Xiangjiang ranged from 150,000 to 200,000 per square meter.

Better locations were priced above 400,000.

Calculated based on the average income in Xiangjiang, the annual salary is approximately 360,000.

With such an income, to buy a 100-square-meter apartment in a better location, one would need about 100 years without eating or drinking.

If it’s in a more ordinary location, it would take about 60 years without eating or drinking.

The time cost shows that the level of inflation is ridiculously exaggerated.

This makes it impossible for ordinary people to take over the baton.

In earlier years, they were all involved in large commercial real estate.

In recent years, everyone has already left this market.

Tong Zelan still enjoys playing stimulating games in the global stock market, while Shen Nanpeng tends toward physical investments.

Chen Pingsheng has been repatriating overseas funds to support the development of his technology industry in recent years.

The effects and profits are equally astonishing.

He intends to acquire more commercial assets, but the bubbles in this area are still too high.

It’s not conducive to his market entry, so they’ve invested their money in developing new stable-type investments in emerging developed countries.

These are stable investments that won’t be easily touched.

Tong Zelan asked, "Old Chen, do you plan to cash out your NVIDIA shares this year?"

"No plans, primarily because there aren’t that many investment projects to be found."

Chen Pingsheng shook his head, "If you guys can find good investment projects, you can discuss with me about cashing out, but currently, I have little interest in short selling."

When the capital was small, there used to be a gamble on short selling, but with larger capital, there’s no need to take unlimited risks for limited profits.

Tong Zelan understood this very early on, and if it weren’t for a few of them inviting him, Chen Pingsheng has no interest in managing any short selling funds.

Every time they come to Xiangjiang, the gathering is held at his private club.

The Seven Chief consists of the earliest six supporters of his group development, collectively known as the Seven Chief along with him.

After gaining significant wealth, he might be the only one who still cares about ordinary people’s feelings.

People like Tong Zelan have their short selling fund profits built on the collective collapse of at least 100,000 retail investors.

In high-end commercial schemes, distinctions between good and evil have disappeared.

The winner takes all, while there are plenty who fail and suffer greatly.

This is the main reason why Chen Pingsheng has never liked playing with short selling funds.

The global competition boils down to competition in technology and trade.

A few years ago, cross-border e-commerce was particularly popular, enriching a group of young people.

In recent years, it has generally declined, primarily due to a series of restrictions abroad.

The most notable being new standards set by the European Union.

At their age, the succession issue among the second generation gradually becomes very important.

Some even jokingly proposed marriage alliances.

Chen Pingsheng just laughed these off. He wouldn’t directly interfere with An’an’s choices.

He also believes An’an has her own judgment.

...

Guangzhou, Baiyun University.

An’an has actually received notification from her father, roughly to see if she has time to visit Xiangjiang.

An’an can’t go, nor does she have the time.

Because apart from attending university lectures, she spends most of her time organizing Snacks Dash.

The reform of big corporations appears simple but is actually complicated.

Chen An’an continuously analyzes and sorts out issues, attending no less than seven to eight meetings every day.

Among these, the most important one is the distributors’ conference in various cities.

Days go by slowly, and half a year has passed in the blink of an eye.

An’an is about to finish her first year of university, and her main change over this half year is perhaps losing some weight.

Her eyes have also become much more determined.

As for the three girls who have stayed with her for a long time, they seemed to have gone through a major life change as well.

Witnessing a massive enterprise with over 150,000 employees suddenly facing a crisis.

Cutting off relationships, fighting veteran employees in the group, pulling back tens of billions in the stock market.

Even later on, to stabilize the various city distributors in the entire group.

An’an had to fly around the country giving speeches, both stabilizing the situation and introducing a series of preferential policies.

The aim was to quickly secure these offline physical distributors.

Half a year’s effort has proven very effective.

No matter how those veteran group employees behaved, most of the staff still saw the efforts of the young lady An’an.

With effort, it’s already enough.

After all, every person in the group was once aided generously by her father.

The group consists of tens of thousands of people; who didn’t start as a beginner back then.

Even those who struggled during their novice period couldn’t forget what An’an’s father once said.

Don’t make those just entering society plus students try and navigate the complex interpersonal relationships of the workplace.

Also, don’t let them ask their parents for rent money upon entering the workforce.

He solved the housing issue for all newcomers and addressed the awkward post-graduation phase.

Provided every intern segment with a transitional fund of 50,000.

He even solved the housing problem for many nowadays.

This was the grace her father established a decade ago, and today his daughter takes over the group.

Although initially influenced by the veteran employees jointly resisting, after time passed they knew the young lady was not a pampered, stubborn young woman.

Most gradually began to approve of her from their heart.

Gradually understanding all she does.

As always, her father helped too many people with grace, which significantly aided her in taking over the enterprise.

Mid-June 2026.

Chen An’an reaches out to accept the resignation letters from five veteran employees, concluding a year-long test.

Ending in her victory.

Yet also as the group pledges lifelong pensions for these veterans.

Besides guaranteeing their dividend shares, a yearly advisory fee of three million will be provided.

These veterans have formed a Senior Advisory Committee for the group.

Advisors hold only advisory rights, not execution rights.

Eight months of the group power struggle officially concluded with An’an’s victory and full withdrawal of the veteran employees.

Once news hit, the stock price immediately rebounded rapidly.

This rise in stock prices is likely to last for at least a few months.

This also signifies Snacks Dash has formally ended its eight-month-long chaotic internal strife.

It equally marks An’an gaining the unanimous approval of the young management team.

This is really not easy.