Capítulo 381: Chapter 269 Water Cloud Space Graduation

With the influence of Tengying Entertainment.

The press conference for Tengfei had still dominated the major headline financial rankings the next day.

Although the car would take a few more years to build, that didn't prevent him from starting to advertise it now.

By the tenth of June, Chen Pingsheng had allocated a total of twenty-three billion funds for the construction of Tengfei New Energy vehicles.

Out of which, building the super factory cost twelve billion, and acquiring Altma took five point five billion.

Just these two items alone totaled seventeen point five billion.

A further four billion was planned specifically for Tengfei Ecological Industrial Park.

To build a headquarters industrial park covering a hundred acres.

All investments were made without any loans; they were fully paid in one go.

After acquiring Altma, he also directly allocated one point two five billion for battery research and development for the quarter.