Born in 1988, Waichen, executive vice president of Xiangqi Group. Chen Pengyu, the eldest son of vice president of Xiangqi Group, is expected to be the second generation successor of this family. Chen Hong's great-grandson Chen Pengyu got married in June 2022.
Chen Pengyu, as the legal representative of Shenzhen Xiangqi Real Estate Development Co., Ltd., Shenzhen Guangyinhai Investment Co., Ltd. and Shenzhen Xiangyao Investment Co., Ltd., is a senior manager of Shenzhen Xiangqi Real Estate Development Co., Ltd. and Shenzhen Xiangqi Commercial Building Co., Ltd.