Reborn: Billionaire in College

Chapter 638 Hibernation

After communicating with Chen Pingjiang, Lin Bin returned to the company and immediately began preparations.

The most direct way is to place large orders, which are enough to cover the production capacity of various components in the next one or two years.

Funding has never been a problem for Orange Technology, and if it is not enough, it can always take out a loan.

These components are uniformly classified as strategic reserves.

If some components would not be upgraded in the next one or two years, Lin Bin estimated that he would have to order goods for two to three years.

This extraordinary order volume naturally attracted the attention of some interested parties.

In response to various inquiries, Orange Technology has a unified response from top to bottom.

No comment!

Time has quietly entered 2017.

Something big happened at the beginning of the year.

Sun Hongbin of Sunac invested 150 billion yuan to take over LeTV to save it. He was called the "white knight" and appeared in front of the public as the one who saved LeTV.

But not long after receiving the huge sum of money, LeEco's huge debt problem surfaced. The money given by Sun Hongbin was spent in an instant, and LeEco's debt crisis continued, involving tens of billions of yuan in arrears. Faced with the huge debt, Jobs, who always appeared in "black T-shirt and blue jeans" at every press conference, could no longer remain calm.

In just two or three months, Jia announced his resignation and Sun Hongbin took control of the LeTV board of directors.

Not long after, Jia left China and went to the United States to raise funds for FF. The subsequent "return to China next week" finally became a joke.

At this point, the story of LeTV came to an end, and Jia Yueting also left the center of the Internet.

2017 was also the year of explosion for shared bicycles, with a large number of bicycles being put on the market.

For a time, China regained its status as the "bicycle kingdom".

The leading companies Mobike and ofo are even more popular, frequently appearing in various important international and domestic financial media and major events.

However, the good times did not last long. This track was destined to be inferior to group buying and takeout, and news of mergers and acquisitions kept coming in.

Jack Ma was one of the first bigwigs to call for new retail, so Alibaba’s layout around new retail was the earliest and most extensive.

Alibaba has invested in more than ten projects including Sanjiang Shopping, Lianhua Supermarket, and Xinhuadu, with a total investment amount of 500 billion yuan.

Another Internet giant, Tencent, was not to be outdone and invested 42 billion yuan in Yonghui Supermarket.

Both parties are scrambling to stake their claim in the new retail sector and have already started preparing for a major event.

There are many new terms about new retail, such as unmanned stores, unmanned shelves, convenience stores, and super species. Startup companies in these areas are emerging in an endless stream, all wanting to get a piece of the pie.

The only person missing is Chen Pingjiang.

None of the groups and companies under Shanhe Holdings have entered the new retail market, leaving the battlefield entirely to Alibaba and Tencent.

But it was not surprising, after all, everyone knew that Chen Pingjiang had never been interested in such mature fields.

By mid-2017.

Baidu announced its artificial intelligence strategy in a high-profile manner, and Robin Li invited Qi Lu, the first Chinese executive at Microsoft, to join Baidu as president.

Alibaba announced the establishment of the DAMO Academy and Tencent established an AI laboratory, bringing together dozens of artificial intelligence scientists and 70 world-class AI PhDs from around the world.

In addition, there are companies represented by SenseTime in the entrepreneurial circle. At this time, a hot search suddenly jumped to the headlines of Weibo.

"Where is Chen Pingjiang?"

The answers below are also varied.

"That seems to be true. I haven't heard much about Chen Pingjiang in the past six months. Even his companies have kept a low profile. Is he going to immigrate?"

"It shouldn't be that serious. Chen Pingjiang's identity is too sensitive."

"My uncle's aunt's cousin's second nephew said he immigrated to Po County because the taxes there are lower."

In short, there are all kinds of rumors. The more Chen Pingjiang doesn't respond, the more rumors fly.

In Dongjiang's office.

Zhang Yiming asked with some concern: "Mr. Chen, there are a lot of rumors about you online now, and they have spread to Douyin. We have blocked many accounts that hype similar topics. Do you think we should ask the Director's Office to issue a statement?"

Chen Pingjiang waved his hand indifferently, "Why bother with that? If they want to guess, let them guess."

In the past six months, Chen Pingjiang and even the entire Shanhe Holdings have been lying dormant in preparation for the trade war that will soon come.

One after another, the major companies have prepared the back-up plan, and they have worked together to develop domestic alternative technologies to solve the bottlenecks and bypass patent barriers.

"Fan Deng is very popular now, and various big Vs and KOLs have come out." Chen Pingjiang casually scrolled through two videos before putting down his phone and said to Zhang Yiming.

Zhang Yiming nodded. "In recent years, the mobile Internet has developed rapidly, and various new concepts and new terms have emerged one after another. There is a saying that goes, the conclusion is outdated before the phenomenon is clarified. People are generally in a state of anxiety. The middle class is anxious, white-collar workers are anxious about their jobs, entrepreneurs are anxious about their projects, and investors have difficulty choosing the right market."

"Thus, the soil was cultivated. Users felt enlightened after listening to the words of these big Vs, but in fact they were even more confused. Behind the countless confusions, these big Vs were quietly counting money."

After Chen Pingjiang pondered for a while, he said, "Although this is part of the Internet ecosystem, it still needs to be guided. Now some chicken soup for the soul, gender confrontation, and anxiety-mongering behaviors are rampant. If they are not stopped, the Internet circle will become a mess in the future. Before the regulators take action, we must remove the poison and heal the wounds internally."

"Okay, Mr. Chen, I will follow your instructions."

After finishing this topic, the two then talked about TikTok.

TikTok's various initiatives in North America are progressing well, and the number of users is still growing rapidly. Because it has done a good job in localization and has a strong legal team, it has encountered many setbacks, but has resolved them all without any danger.

When it comes to sanctions, the difficulty faced by TikTok and Orange Technology is very different.

Orange Technology is an entity, and to the Americans it is a foreign organization. They will not be tempted to suppress it, and it will not shake their foundation.

But TikTok is different.

TikTok currently has nearly 100 million users in the United States, and has brought huge traffic to countless bloggers and small and medium-sized enterprises, helping them to monetize.

It can be said that TikTok has penetrated into all walks of life in the United States.

Before anyone wants to touch this piece of cake, they have to consider whether their own voting base can resist the manipulation. Moreover, TikTok itself has several American consortium shareholders. It is precisely because of their active lobbying that things have not fallen to an irreversible point.

This is also why in the original timeline, the Americans dared to strike hard at Huawei, but have been hesitant about TikTok.

Ultimately, TikTok has a huge voice, and no one dares to really touch it, and in the end it is brought down.

Just a joke, among the two presidents, whoever wanted to touch TikTok ended up being the one to go.

Another joke: Both presidents relied on TikTok to win votes. (End of this chapter)

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