Spring in March, the air still carried a slight chill.
As the New Year festivities faded in early March, everyone was preparing to dive into the work of a brand new year.
For Chen Pingsheng, with no more random multipliers below the 10-billion-scale "Golden Finger," many of Tengying Group's small and medium projects had lost their significance.
However, he had plenty of trillion-level projects brewing.
For example, Tengfei New Energy Cars, which went public in January, and Tengde Era, which was aggressively investing more than 20 billion annually in solid-state battery research and development.
These were all trillion-level starting projects.
Although the new energy vehicle industry enjoyed strong domestic support, including favorable policies around tax exemptions and subsidies,
it was still immature. This immaturity primarily stemmed from battery technology issues and the lack of consumer trust.