Bab 296: Chapter 116: The Height of Luxury

Tengying Entertainment includes Tenghui Department Store.

As well as Tengsheng Fresh Produce, fruits, and so on.

To be precise, they are all subsidiaries of Tenghui Capital.

Chen Pingsheng's shareholder design did not involve individual holdings; instead, Tenghui Capital held shares indirectly.

The advantage was that it separated corporate liabilities, preventing a one-shot breakthrough.

By having Tenghui Capital hold shares, it was essentially financial investment in some sense.

This could avoid some of the joint liabilities that arise in corporate operations.

Of course, the shares were all designed early on.

The only difference is that there are more and more subsidiaries under Tenghui Capital; if you add up all the employees of the subsidiaries, there are already over one hundred thousand.

With so many employees, management naturally became more and more complex.

The group even established an Industry Research Institute internally.