Technology company, I will become the light of China!

Chapter 506: Unlimited subsidies, many US banks go bankrupt

Longxing Group Office Building.

CEO's office.

Chen Xing walked into the office, glanced at Xu Weiguo, and made a gesture of invitation, saying, "Academician Xu, please sit over there first. I'll bring the computer over."

"Okay, thank you for your help, Mr. Chen." Xu Weiguo walked towards the reception area but did not sit down. He seemed a little reserved.

However, this is also his experience in dealing with people. It is better to avoid sitting down before the "host" takes his seat.

Besides, this time he needed a favor from someone, and if he sat down first, it would seem like he was the host and was taking over the show.

Although it is just a trivial detail, it also reflects Xu Weiguo's tactfulness.

Chen Xing walked to his desk, picked up the laptop on the side, turned around and saw Xu Weiguo still standing, and quickly walked to the negotiation area and gestured, "Hurry up and sit down. You're welcome."

"okay."

Xu Weiguo then sat down.

Chen Xing arranged the tea set on the table and placed his laptop on it.

He didn't rush to open the computer, but took out his cell phone and said, "I'll call and see which CEOs are free."

"Sorry, Mr. Chen."

Xu Weiguo nodded slightly.

"Don't be so polite. Upgrading from IPv4 to IPv6 Internet Protocol is a good thing for me, Longguo, and even the whole world."

Chen Xing smiled calmly.

As for the IPv4 Internet Protocol, except for the vested interest countries in the West, other countries are eager to upgrade to the IPv6 Internet Protocol as soon as possible.

Even as an island country with only one root server, it firmly supports upgrading the IPv6 Internet protocol.

Although it has a root server, it is a secondary root server, and the only main root server in the world is in the United States.

Xu Weiguo nodded in agreement and said nothing more, just waiting quietly.

Chen Xing also opened the address book on his mobile phone, found the mobile phone number of Ren Guofei, the CEO of Kunpeng Company, and clicked the dial button.

Kunpeng's layout in core network equipment such as routers, switches, DSL modems, etc. is far deeper than that of Longxing Group.

Do you think it sells mobile phones?
Do not!
Its main business is communication network and provision of hardware technical support.

"Dududu-"

After several busy tones, Ren Guofei's cheerful voice was heard.

"Haha, I knew you would call me to ask about the progress. I have to say, the engineers at Jiangyu Technology are really amazing. In less than half a month, our flying car has been able to hover at an altitude of ten meters."

Ever since Longxing Heavy Industry got on track, Ren Guofei has been staying at the Fengtian Automobile R&D Base, which is the Northern Automobile Production Plant.

As for Kunpeng Company, he handed it over to Ren Wanzhou.

In the past, he was worried about Western sanctions, and the slightest mistake would lead to his downfall. But now with the big brother Longxing Group and the gradual maturity of the domestic industrial chain, what Ren Guofei handed over to Ren Wanzhou is a stable trillion-dollar group.

As long as she doesn't do anything stupid and doesn't voluntarily withdraw from the cooperative supply chain of Longxing Group, Kunpeng Company will basically be fine.

It is precisely because Kunpeng Company has entered a stable period that Ren Guofei can find time to stay in the Northern Automobile Production Factory.

Seeing that the other party misunderstood his intention, Chen Xing explained: "It's not about this, it's about the IPv6 Internet protocol. Do you have time to have a video conference?"

“You want to use IPv6?”

"It's not me, it's the country that needs to develop. Academician Xu Weiguo is sitting next to me."

Chen Xing had made it very clear, and Ren Guofei immediately realized what was going on and quickly responded, "Then I'm definitely free."

"Then I'll make a group video later."

"Okay, I'll wait."

After hanging up the call with Ren Guofei, Chen Xing called Xiao Ma Ge again.

Since it was the time for the first quarter report, Pony Ma obviously misunderstood and said that the first quarter report of Penguin Company had not been audited yet and the dividend could not be confirmed.

In the next few phone calls, these bosses all misunderstood Chen Xing's intentions.

Xu Weiguo, who was standing by, was horrified when he heard this. Only now did he realize that Chen Xing had invested in so many companies.

Penguin Company.

Alibaba.

Qihoo Technology.

These well-known companies actually have in-depth cooperation with Longxing Group. He can be said to have seen the world.

……

After a round of phone calls, Chen Xing opened the laptop on his desk, logged into his WeChat, and sent a group video invitation to the company boss he had just contacted.

Not a moment.

The videos are connected one after another.

"Boss Ren, Boss Ma are both here?"

"It seems that the IPv6 Internet Protocol is quite attractive. Even busy people who usually have to make an appointment to meet in person are here."

"Red Cannon, you were doing a live broadcast, why are you here too?"

"You are talking nonsense. No matter who is working on IPv6, I, Zhou Hongwei, will help them. After all, I am working on network security."

"Boss Ma, Boss Zhou, please put your grudges aside for now. Boss Chen and the others are still watching us. It would be inappropriate to continue arguing."

The 3Q war between Zhou Hongwei and Pony Ma was well-known and became a youth memory for those born in the 80s and 90s.

Because in 2010, those born in the 80s were just 30 years old, and the youngest those born in the 90s were already 11 years old. They were all the main force of the Internet and basically witnessed the battle for the top Internet player.

Although the dispute between the two parties entered a white-hot stage and was mediated by relevant departments, the feud between Zhou Hongwei and Xiao Ma Ge was still established.

"Mr. Ren is right. Let's put personal grudges aside for now. This is a video conference to discuss the IPv6 Internet protocol."

Chen Xinggang finished speaking, moved his notebook slightly to the right, and introduced: "This is Academician Xu Weiguo in the computer field. You should be familiar with him."

"Is Academician Xu here too?"

"So Academician Xu is here too. Long time no see."

"Haha, no wonder Mr. Chen suddenly mentioned the IPv6 Internet Protocol. It turns out that Academician Xu was the one pushing it behind the scenes."

All the bosses suddenly realized.

The computer Internet circle is very small, or rather, the top circle is very small.

No matter which field you are in, even if you are engaged in waste recycling, as long as you reach the top level in the industry, you will naturally get to know other top-level resource recycling leaders in the industry. This is the top circle in the field.

Whether it is Zhou Hongwei, Pony Ma, Jack Ma or Ren Guofei, they are inseparable from computers and the Internet, and they must have thought about recruiting talents in related fields.

This could also explain why they all knew Xu Weiguo.

"Good afternoon, everyone. I hope I didn't disturb your rest."

Xu Weiguo greeted him.

"No, no, it's past the time for a nap. Academician Xu, you're too polite."

"Haha, Academician Xu is still so humorous."

"Then again, Academician Xu is with Mr. Chen, and Mr. Chen is the one who took the lead in setting up this plan. It seems that you have reached an agreement?"

“Are we really going to promote IPv6?”

The company CEOs talked about it and explained the whole story.

"Yes."

Before Xu Weiguo could speak, Chen Xing responded, "I have almost discussed it with Academician Xu. The ternary computer will support the IPv6 Internet protocol and be compatible with the IPv4 Internet protocol."

"Ternary computer?"

“Has a ternary computer been developed?”

“Did they really come up with a ternary system?”

Ren Guofei, Xiao Ma Ge and other company CEOs could not help but ask more questions. They all thought that Chen Xing was just making promises to international investors, but they did not expect that it was serious and Longxing Group was really developing ternary computers.

Zhou Hongwei's face turned uglier in an instant. Once the ternary computer came out, it would mean overthrowing the binary computer, which is the existing computer technology. This would be disadvantageous to him.

It was precisely because it might affect Zhou Hongwei's interests that Chen Xing specifically called him to solve the problem smoothly.

"Yes."

Chen Xing nodded and continued, "The ternary computer is 30% complete and is expected to be put into use by the end of the year. This is a reshuffle of computers and the Internet."

"What do you want us to do?"

Zhou Hongwei asked quickly, looking anxious.

Now he has to be anxious, because the ternary system may replace the binary system and become the numerical system of mainstream computers.

The main focus of technology is innovation, and the field is being reshuffled at an extremely fast pace. If you don’t keep up with the mainstream, no one can guarantee that you will not be eliminated. Nokia, the former king, is an example.

"Mr. Zhou, how about this? Send a group of network security engineers to my side to work with my network security engineers to study the system protection of ternary computers."

Hearing this, Zhou Hongwei was delighted and quickly responded: "Then I will arrange it later."

"Ah."

Chen Xing nodded slightly.

Qihoo Technology's main focus is network security, and its 360 Security Guard is even known as a virus killer.

Although we need to develop a ternary computer, the interests of our allies must still be taken into account.

"In addition to network security, our hardware equipment and software protocols need to support the IPv6 Internet Protocol. If you have any questions, you can raise them now."

As soon as Chen Xing finished speaking, Ren Guofei asked the question he was most concerned about: "I fully support upgrading the IPv6 Internet protocol, but we must also consider that there will be a wave of replacement of existing network hardware devices such as routers, switches, and optical modems."

"From the user's perspective, if there is no subsidy, there is no need for them to replace their routers with IPv6 Internet Protocol, because IPv4 can also meet their Internet needs. This may cause great resistance." For ordinary people, who would care about their Internet IP address?

As long as you can connect to the Internet, you can watch short videos, play games, and watch TV series. Users don’t care whether you are using IPv4 or IPv6, as long as you can access the Internet.

“This is subsidized.”

Xu Weiguo suddenly spoke.

Now he is no longer Xu Weiguo. To some extent, he is representing the country to negotiate the update of the IPv6 Internet protocol.

"about how much?"

Ren Guofei asked.

Chen Xing also looked at Xu Weiguo. If the country wants to promote the IPv6 Internet protocol, it is useless to rely on slogans. Subsidies are crucial.

Just like new energy vehicles, no matter how much you talk about it, it is not as real as a 1 yuan car purchase subsidy.

"unlimited."

When the three words "Xu Weiguo" were spoken, all the company bosses, including Chen Xing, subconsciously held their breath.

Unlimited subsidies?
What kind of terrifying force is this?
From these details, we can see how urgently the country needs to replace the IPv6 Internet protocol. This not only concerns addressable nodes, but also domestic Internet information security.

You should know that the modern Internet was led by the United States. Although there are thirteen root servers in the world, the only main root server in the world is in the United States. To a certain extent, the United States can control the global Internet, that is, it can shut down at any time.

"Unlimited subsidies for user replacement?" Jack Ma seemed to see a business opportunity.

As long as the IPv6 Internet protocol is promoted, coupled with national consumption subsidies, it means there will be a wave of equipment replacement, and Taowu.com can fully profit from it.

After all, if you buy a router, you also have to buy other accessories, such as cooling fans.

"Not only users, but also enterprises will receive subsidies. As long as they confirm their participation in the IPv6 Internet Protocol project, each enterprise can enjoy a research and development subsidy of no less than 5 million yuan."

“Is the force so strong?”

Chen Xing couldn't help but exclaim.

The starting amount is 5 million and there is no upper limit. The only thing left is to tell them that your R&D expenses and other expenditures will be contracted by the state.

"Actually, it's not much. Instead of giving the money to the United States, it's better to give it to our own family." Xu Weiguo said with a faint smile.

There was no choice before, but now there is a choice. How can there be a bargain for foreigners?
The country’s current idea is very simple, which is to rebuild a new Internet order based on ternary computers and keep the main root server in Dragon Country.

"That's true."

Chen Xing nodded slightly.

The CEOs participating in the video conference all nodded in agreement. In fact, they all knew that Longguo needed to spend a large sum of money every year to purchase addressable nodes, that is, IP addresses.

If the IPv6 Internet protocol is successfully implemented, in the long run, it will not only save a lot of money, but also give us a say in the Internet.

"Since the country is making such a strong move, there is no way we won't follow suit."

"Yes, follow the development."

"It starts at 5 million, and there is no upper limit. I feel the strength of the country."

When the CEOs began to praise, Xiao Ma asked in confusion: "Academician Xu, this subsidy is only applicable to software development, right?"

"Let's put it this way. You submit your application materials, and after review by the relevant departments, we will give you 5 million to carry out basic research and development of IPv6 software and hardware. If it's not enough, you can apply again. If it's still not enough, you can continue to apply."

Xu Weiguo made it clear directly.

After this was said, all the CEOs present had an idea.

Just as they had thought before, Longguo must not only develop high-quality Internet, but also build an Internet without security risks.

This is like satellite navigation. No matter how easy to use GPS is or how mature the technology is, it is not as practical as having your own.

……

While Chen Xing, Ren Guofei, Xu Weiguo and others were discussing the implementation of the IPv6 Internet protocol, the Longguo stock market quietly closed at three o'clock in the afternoon.

The Jinlong Technology Index surged 10%, the Hang Seng Index surged 6%, and the Weighted Index surged 5%. It was another day of skyrocketing for Longguo Assets.

If we start counting from last Friday, when Longxing Group, Kunpeng Company, Jiangyu Technology and other companies were officially listed for trading, as of Tuesday, the Jinlong Technology Index has risen by 80%. The original index of 2700 points has now reached 4860 points, showing a soaring trend.

On social platforms such as Weibo, Tieba, and short videos, investors are beating drums and gongs to celebrate the arrival of the bull market.

[Modu Uncle]: "What did I say? It's impossible to see it after 2700 points. It will rise to 8000 points by the end of this year. Longxin Securities has soared 400%. This is love in late autumn."

[Trend King]: "I have never seen a stock market that is so terrifying. In just seven trading days, it went from 2700 points to 4860 points. This is a bull market for Dragon Country!"

[Leek Xiao Yang]: "Longxing Group is too scary, funds are enthusiastically chasing after it, and it feels like its market value is going to increase 100 times!"

[Long Ge Doesn’t Sleep]: “Can anyone tell me how to lose money? I made 50 in less than ten days after entering the market. I feel like I am Buffett. No, I am the stock god!”

Since the market data was interconnected last Wednesday, and Longxing Group ignited the technology sector on Friday, the Longguo stock market has been on a seven-day winning streak. The average return of new investors has reached 70%, and old investors have basically untied their losses. This is a carnival for Longguo investors.

Not only the Chinese stock investors, but also Wall Street's busiest thing in the past two trading days was not saving US stocks, but speculating on the Chinese stock market.

It has been exactly nine years since the super bull market in 2007. During these nine years, the Longguo stock market has been in a slump.

In contrast, the Nasdaq, Nikkei 225, German DAX, and even the ancient Elephant Kingdom's Bombay Index have all doubled or even multiplied.

Basically all global assets have been speculated, and only Longguo Assets have not been speculated. Wall Street is obviously not stupid. These financial tycoons know where the value depression is just by thinking with their butts.

Moreover, Longguo has not only technology companies such as Longxing Group, Kunpeng Company, and Jiangyu Technology, it also has resource-based stocks such as China Yangtze Power, Longguo Shenhua, and Zijin Mining.

With the "migration" of global funds, the siphon effect generated by the Dragon Country's stock market caused a sharp drop in stock markets in Europe, the United States, Japan, South Korea and other countries.

The Israeli stock market, which was once controlled by the Longxing Group, has experienced an unprecedented decline and is on the verge of collapse.

The parasitic Jewish capital had no intention of rescuing the market. All their funds went to the Longguo stock market to push up stock prices.

In this environment, perhaps no one would have thought that the United States would take a risky move and throw the jar into chaos.

In the early hours of the morning local time, several US banks announced bankruptcy.

Among them, Republic Bank, which is the most popular among Chinese and has more than 2016 Chinese depositors, was the first to issue an announcement and became the first bank to officially declare bankruptcy in .

[Announcement regarding bankruptcy reorganization and sale to Fulton Bank.

Dear customers, partners and people from all walks of life:

In recent years, the global economic environment has continued to be turbulent and financial market volatility has increased. Although Republic Bank has weathered the storm, we have failed to effectively respond to challenges such as rising costs, profit pressure and fierce competition in the industry, resulting in a gradual deterioration in our operating conditions.

Although we have taken a number of measures, including layoffs and business adjustments, in an attempt to reverse the situation, unfortunately, these efforts have not achieved the expected results.

In order to maximize the protection of depositors' interests and maintain financial stability, Republic Bank decided to initiate bankruptcy reorganization procedures and reached an agreement with Fulton Bank to sell most of its deposits and assets to the latter.

For depositors of Republic Bank, this decision means that your deposits will be protected to the greatest extent. According to the regulations of the Federal Deposit Insurance Corporation (FDIC), each depositor's deposits within US$25 will be fully compensated, and the portion exceeding US$25 will be handled in accordance with the relevant provisions of the bankruptcy reorganization procedure.

As the receiver, the Federal Deposit Insurance Corporation (FDIC) supervised and facilitated the transaction. We believe that Fulton Bank, with its stable management style and rich industry experience, can properly take over our business and continue to provide quality services to our customers.]
The sudden bankruptcy of Republic Bank caught the Chinese in Miami off guard. Some were even woken up by phone calls from friends while they were still asleep, and then learned the bad news of the bankruptcy reorganization.

"Fuck your grandma's America!"

"Full compensation within 25 US dollars, what's the difference between this and robbery?"

"Fuck you, you don't even consider us as human beings. Fuck you!"

"It's over, my life is over!"

The Chinese in Miami were no longer sleepy, so they all chose to call for consultation, but they could not get through to Republic Bank.

It's not just Republic Bank, all other banks that declared bankruptcy have lost contact.

Perhaps many people think that a full compensation of 25 US dollars is quite conscience, but anyone who has been to the United States to study or even worked there knows that 25 US dollars is really not a lot of money.

Take going to school as an example. The average expenditure of international students in the United States is 20 US dollars per year, which includes tuition and other expenses. And this amount is considered frugal. If the international students have high expenses, spending 50 US dollars a year is not a problem.

This is also why it is said that international students may not necessarily be successful in their studies, but their families are definitely rich.

And the most important thing is that Republic Bank is also the bank most favored by wealthy Chinese. Pony Ma, Jack Ma, and Liu Dongzi have all been reported to have deposits in the bank.

Given the size of their deposits, they only compensate you 20 yuan, which is no different from swallowing up 1 yuan from you and compensating you with 2 yuan.

When several banks in the United States declared bankruptcy, Davich, who was manipulating all this behind the scenes, was attending a masked ball with the presidents of various banks.

For ordinary people, dark means it’s time to sleep and rest, but for the rich, it’s just the beginning of life.

Take Shanghai for example. If you don’t have money, it’s just Shanghai, but as long as you have money, it can be a city that never sleeps with partying and decadence every night.

As the elegant jazz music stopped, Davic let go of his hot and busty female dancer.

Before he could invite his female dance partner to sit down and have a drink, Wei Yan, wearing a black half-face patterned mask, walked over and coughed twice.

"Baby, I'll come to see you later." Davic patted his female dance partner's butt, signaling her to leave quickly.

"Then I wait for you."

The female dance partner left tactfully.

The women present all knew very well that Davic was the protagonist of this masked ball. If they could get close to him and something happened in the hotel, they would have both money and power.

After the female dance partner left, Wei Yan began to praise: "Republic Bank, Signature Bank, and Reprint Bank jointly announced bankruptcy, conservatively wiping out 1 trillion yuan in deposits of Chinese in the United States. It's all thanks to your thoughtful consideration, Mr. Davichi. They can't escape this time. They were strangled to death!"

"This is all thanks to you for providing the list."

Davic said with a smile on his face.

The two looked at each other in silence. After a few seconds, they laughed at the same time.

Since the Dragon Country's stock market has emerged as a strong force and its assets have attracted global capital, this part of Chinese capital is bound to flow back to the Dragon Country.

Rather than letting it slip away, it is better to take the initiative and clear it out directly. After all, U.S. banks are allowed to go bankrupt.

Formal bankruptcy.

Regular erasure.

This is very reasonable.

As for the impact of this incident, it may cause a sensation in the Chinese community, but for white people or black people, they will not pay too much attention to it, because they will not feel any pain unless the fist falls on them.

(End of this chapter)

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