Chen Pingsheng returned to the Magic City headquarters.
Because the negotiation for acquiring the top domestic lithium iron phosphate battery factory was nearing its end.
Once he fully owned this side, the assembly part of the new energy vehicles would all be transferred to Tengfei.
Only the professional battery production capacity and the battery R&D department would be retained.
The cost was 5.5 billion.
Taking over a battery factory that still faced a net loss of several small goals each month certainly brought immense pressure.
The buxom secretary Zhang Wanyi remained focused on cashing out the low-priced scattered shares of Bobo Milk Tea and Fei Yangyang.
After injecting 20 billion and over the course of more than a month,
the estimated cash-out was roughly 35 billion.
A net profit of 15 billion was mainly due to cashing out too early.
If they had waited a few more months, they could've earned an extra five or six billion at least.