Chapter 612 Investigation Team

“These companies have basically all opened accounts in China, and some even have investments here. So we can take this opportunity to directly fine them. This will also allow us to clearly explain the core of the problem to the outside world. The fines will be distributed according to the extent of the harm suffered by each company, thus protecting everyone's interests.”

The entrepreneurs were delighted to hear this, thinking it was a good idea.

Sure enough, at the press conference the next day, the person in charge immediately expressed their determination.

This caused an uproar throughout the world.

"My God! The United States will stop at nothing to cripple other countries' economies. Fortunately, their cleverness backfired. I really admire the wisdom of China."

"Looks like we don't need to worry about this anymore. We can just wait and watch as the spectators see how things develop. There's definitely more to this story."

"Anyway, this is getting more and more interesting."

……

As a result, many financial groups, including Fred, were taken aback when they saw this news from China. They never expected that the frozen funds would inexplicably turn into fines.

"It's over, we're definitely not going to get this money back."

Moreover, China's attitude is very clear: if these companies do not intend to pay this fine, they should not expect to invest in China in the future.

That's the most impressive part; some products are even directly boycotted by the public.

Upon seeing this situation, the leader was utterly helpless. If things continued to develop like this, the consequences would be unimaginable.

"Sir, what should we do? We'll send you a list right away, and you need to compensate us as soon as possible."

When the supervisor received the list, they were even more helpless. They hadn't expected that in addition to providing compensation, they would also have to pay the fines directly on their behalf.

"What should we do? If I could really come up with a single penny, would I be here looking so worried? The national treasury is truly empty right now, what are we going to do?"...

This leader is a classic example of trying to get something for nothing. He clearly has no funds, yet he incites local conglomerates to harm China.

Now look what happened; they've shot themselves in the foot. China simply froze all their funds.

Faced with the list of losses presented by the consortium, the leader had no choice but to summon these people to his small white building.

"You all know the current situation, right? We simply don't have that much money coming up. How about this, I'll exchange your money for government bonds, and when I have the funds later, I'll give you some more, how about that?"

Upon hearing this, the heads of those conglomerates were all dumbfounded, unable to believe that this was a response from their superiors.

How did fulfilling the promises made before turn into issuing government bonds for free?

Everyone knows that the US national debt is now like worthless paper, and nobody cares about it.

Finally, one of the bosses couldn't help but speak up: "Sir, I'm only interested in real money right now. Didn't you say you would provide us with direct funding? We have no other choice but to come to you. If this continues, our stock price will plummet in a couple of days, and you know how serious the consequences will be if the stock market crashes."

The boss was absolutely telling the truth. The situation is getting worse and worse, and their company was already facing a tight cash flow.

"And you were the one who told us that they were supporting piracy over there. Some of our companies were planning to use the funds that were about to come back to invest in new projects there, and now look what's happened. What are we supposed to do? Are we all going to be stuck there?"

"That's right, all that money was used for fines. And now, they're still using our money to compensate the companies we've harmed."

"Moreover, they made it very clear that if this matter cannot be resolved and we do not apologize, we will be blacklisted and will never be able to invest there again."

……

The situation is becoming increasingly critical. If this matter cannot be resolved by now, the consequences will be unimaginable.

The leader kept scratching his head, completely at a loss for what to do. Now, if he were to directly apply for a bank loan, no bank would dare to grant him one.

Moreover, by now, genuine savings institutions have begun to implement risk management.

If this continues, the situation could get worse.

They also don't have any real emergency funds available.

"I think the leader is simply broke."

At this point, one of the entrepreneurs realized that it was impossible to get a single penny here. He decided to take this opportunity to try his luck in Congress.

"Don't go to Congress! If those members find out, they'll be terrified and will definitely cause me trouble. Don't worry, I'll take care of the money."

The leader felt even worse.

"How long? I need to know the timeframe now so I can tell my employees. Otherwise, we won't even have enough to pay back the bank."

At that moment, the leader delivered a national televised address.

The speech emphasized that they would do everything possible to revitalize the economy and hoped that everyone could work together to solve the problems, but they were indeed short of funds.

Lin Chen was taken aback when he saw the news, then burst into laughter. He never expected that this respected leader would try to raise the funds they needed through a speech.

This is a serious problem; if things continue like this, the entire country could come to a standstill. However, for them, there's nothing to be proud of.

"This is a classic case of being hoist by one's own petard."

Li Xue watched TV and smiled.

"However, the issue of counterfeit and shoddy products is now completely over. We can't keep dwelling on this forever; we need to develop our own products."

Li Xue knew very well that if the company wanted to continue to develop, it had to find a stronger core competitiveness.

"Currently, the project our company is operating is doing quite well, and the bidding process from higher authorities is about to begin, so we need to seize the time and put more effort into it."

"it is good!"

Lin Chen nodded immediately.

"How much funding do you need this time? Just tell me, we have enough money right now."

"No need! This is mainly a tender from higher authorities. We want to let them know that our materials are qualified to be used in reinforced concrete structures, and their performance may even be superior to theirs."

"That's no problem."

Prior to this, each participating party had already submitted its own proposal to the management agency.

Next, the management began a multi-stage screening process. However, they remained skeptical about the application of this new material. Even so, the screening proceeded directly to the final decision-making stage.

"We arranged the final decision-making stage on-site this time because we wanted to see if the new material truly had any substitutes in this situation. Now, let's take a look at the new solution from Everything Can Be Repaired Company."

The first video played was a new video from the "Everything Can Be Repaired" company. A problem was clearly noticeable in the video.

None of the materials they used were reinforced concrete; they combined their own materials with new types of concrete.

This new type of concrete is actually obtained through the processing of new materials. It can be said that if this new plan is approved, the entire steel industry may gradually be replaced in the future.

"What the hell is this?"

At this point, someone couldn't help but ask a question.

"Everyone should have watched the video by now. Let me explain. This is our company's new product, a new type of building material that can completely replace steel and can be used globally."

"Can it replace steel? That's just wishful thinking! Everyone knows that steel is used to build houses all over the world now."

It was the same Mr. Huang who raised questions in front of everyone. After all, the projects involved were a skyscraper and the first double-deck elevated bridge in China, which was about to begin construction.

This double-deck viaduct project is of great significance to the city and can be described as a landmark event.

Therefore, the person in charge is extremely cautious and must select a product that satisfies them and can solve the problem.

Moreover, they also have a responsibility to the people, since everyone has entrusted their lives and property to them.

"I know you all have these questions. Let me tell you, this is my boss's latest achievement. You should have heard about his previous inventions, which have gone to great lengths, from the sky to the depths of the earth, and so far, not a single one of them has failed."

At this point, the situation is still evolving, making the next steps crucial. At least for now, they need to find a relatively suitable opportunity to resolve all subsequent issues.

"Fine, since that's the case, let's give it a try."

Of course, the situation was constantly changing. Only now did they realize that this matter might be far more complicated than they had imagined.

They came prepared.

"It's okay, we've just shown the best side. If people want to learn more, they can verify our certifications from relevant organizations."

Just then, a specialized bridge inspection agency arrived at the scene.

"Actually, I asked the person in charge to call these testing agencies. I hope they can tell everyone on the spot whether my materials are usable or not."

The inspectors brought in traditional equipment and began strength tests on these new building materials.

Test results show that the data obtained from these materials are almost identical to those from steel, and in some aspects they are even superior.

At this moment, a quality inspector walked up to everyone.

"First of all, I want to make it clear to everyone that this test was conducted in a transparent and open manner. We handled this matter in accordance with the principles of fairness, openness, and impartiality, and the conclusion we reached is that these materials fully meet the building requirements."

Hearing this, Mr. Huang still couldn't believe it.

"You say these materials meet the building requirements, but what exactly are those requirements? If it's an elevated bridge, people will be crossing it every day. Once there's a traffic jam, the load on the bridge will increase."

Faced with such questions, the quality inspectors did not back down.

"Boss, I can tell you definitively that the performance of this material is completely comparable to that of high-quality steel currently available."

The person in charge listened and smiled.

It seems that this situation may actually bring some unexpected results, and perhaps environmental protection concepts will gradually take root in people's hearts as a result.

At this moment, Mr. Huang sat there, looking embarrassed.

He never expected that his long-held viewpoint would be so thoroughly refuted in front of everyone once again, leaving him utterly powerless to retaliate.

"Could it be that a new era is truly about to begin?"

He couldn't believe that what he had always upheld would fail so miserably.

"That's right!"

Lin Chen walked directly up to Boss Huang.

"I didn't expect that the previous counterfeit scandal didn't do anything to you, but now you're trying to trip me up. You just want traditional building materials to continue dominating the market, right?"

"Ha ha!"……

At this moment, Boss Huang suddenly laughed.

"Do you know how difficult your task is? Do you know how many steel mills there are across the country? If these companies gradually find that they can't sell their products, while you're making a fortune, do you think they'll just stand by and watch you drive them to their doom?"

Mr. Huang finally snapped. He had always stuck to traditional industries and, although he had enough money, this matter was far from simple.

"Your materials are cheap, solve the problem, and comply with regulations. Won't this mean every industry will have to be reshuffled? Let me ask you, what do you plan to do if all the steel mills in the country go bankrupt?"

This also involves numerous state-owned enterprises. If Lin Chen were to truly go against the steel industry, he would face a huge threat from the entire steel sector.

Even Li Xue dared not take this lightly.

"We advocate for environmental protection, and there's nothing wrong with that. Besides, who says steel can't be used worldwide?"

Lin Chen immediately retorted.

"I'm just promoting my new material. How people choose it is up to them. I just want to tell everyone that in the future, my product will definitely be a world-leading new thing in building materials."

However, although the materials met the requirements, the people in charge still had some concerns. After all, given the results, they weren't sure if this new building material could achieve even better results.

Especially in terms of load-bearing capacity, if a problem occurs, the consequences could be very complicated.

"Ugh!"

Suddenly, the situation became even more helpless.

At this point, the person in charge quickly organized a meeting. These were indeed two completely different directions, representing different levels of determination among the participants.

"If all else fails, let's do this: on one side are new enterprises, and on the other side are traditional industries. In any case, this matter must win the support of the people."

"I think it would be best to use new materials directly, but the influence of steel is different, and the composition of those new materials is uncertain. It is unclear whether they can truly achieve the goal, and only they themselves can say about their service life."

"Anyway, I'll say it again: we absolutely cannot gamble with the lives of ordinary people. I think it's better to continue using traditional steel for the skyscraper project!"

……

(End of this chapter)

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