After divorce, I can hear the voice of the future

Chapter 675: Symbolic Significance Outweighs Practicality
At 5 p.m. sharp, Sun Yutao arrived at the conference room to announce the details of the subscription.

The news brought joy to some and sorrow to others.

There were 15 institutions that subscribed this time, as well as the investment departments of seven or eight companies, but only a small fraction of their letters of intent were accepted.

This result also sends a signal that Lu Liang has moved beyond the period of accepting all comers and has begun to shrink his core circle.

Just like the evolution of the pyramids, it may have started with a hundred people, then gradually became eighty, fifty, and finally just a few.

Lu Liang himself is undoubtedly at the very top of the pyramid. Below him are domestic capital firms such as GSR Ventures, Hong Kong capital firms such as Techwin Ventures, and foreign capital firms such as Blackstone Group.

Wilson, who had previously gotten along so well and seemed to have returned to normal, was left out in this round of subscriptions.

This outcome has led many to lament the ruthlessness of capital; people who were on friendly terms one second can be decisively abandoned the next, likely due to self-interest.

This has led many to wonder if this incident is a sign of JPMorgan Chase's decline.

When the Q3 report is released, will it mark the beginning of JPMorgan Chase's decline?

After all, even if a powerful financial conglomerate simply conceals its strength, it can still bring substantial profits.

For example, in the past, when we had financial lending cooperation with them, the interest rate was always determined by JPMorgan Chase, and there was no room for negotiation. But now it seems that it's not so certain.

Just like the four private equity funds that settled today, if they incurred losses, people will still have faith in Tianxing Quantitative once again. They won't completely deny Lu Liang's earning ability because of one failure. It's just that the management fee collection model might need to be changed.

Wilson received Director Lu's new script with reluctance in his eyes, but he accepted it anyway, angrily turned his hand away, and left.

This scene was witnessed by many people, and their restless hearts could no longer be contained.

One or two people quietly approached Su Shimin and inquired about the reason and whether the original plan would proceed as scheduled.

Although I really don't want to admit it, it's an undeniable fact that Lu Liang has now formed his own faction.

Before they came, they had agreed that Lu Liang's attitude toward Xiao Mo would determine their attitude toward Xiao Mo.

The lion was seriously ill, but it was still a lion, and it had once ruled the grasslands for a time; its former power remained.

They might not have the guts to confront JPMorgan head-on, but they certainly had the audacity to fish in troubled waters, and a great deal of it.

"Let's observe for a while before making a decision."

Stephen Schwarzman's smile remained unchanged, his eyes narrowed like a hunter selecting his prey.

Lu Liang had his own little schemes, and so did he.

Delime was just a small commercial investment bank that had just gone bankrupt and was undergoing restructuring, with total assets of less than 200 million. Its appetite was destined to be limited, and JPMorgan Chase was also mired in crisis.

If Lu Liang's plan can be successfully implemented, then they will definitely be the ones to get the biggest slice of the pie.

After restructuring, Blackstone Group, which was founded 33 years ago, should take it to the next level and become a top institution on Wall Street.

Out of the corner of his eye, Lu Liang glanced in their direction and a smile appeared on his lips.

That evening, informed by an unnamed source, the true profits of the gold robbers were revealed to the public.

"No wonder Liangzi used to say that the best investment for ordinary people is to buy gold."

"In the past two weeks, the price of gold in China has surged by 40 yuan per gram, a 12% return, which feels better than buying stocks."

"33 billion US dollars, which is 227.7 billion at the current exchange rate. When did making money become so easy?"

"The total revenue is $33 billion. Liangzi didn't earn that much. I heard that Tianxing's management fees this time were only a little over $14 billion."

"Only 14 billion? And the unit of measurement is still kroner???"

"How can we justify not taking a few Tian Shu units?"

Capitalists should be despised, but Lu Liang made a fortune, so the majority of netizens couldn't feel genuinely envious.

After all, he has been making waves in the international market. Even though Dongda has the most retail investors in the world, those who can enter the international market should at least be middle class, so he can't profit from ordinary people.

Most importantly, Tianxing Industrial Park has brought Lu Liang a lot of positive reputation. The average monthly salary of a general worker can exceed 10,000 yuan, forcing the industry to raise its own salaries. This alone is enough to warrant a monument to him.

Although for the past two and a half months, in order to increase production capacity, the factory has been operating on two shifts almost every day, 24 hours a day, and has already earned the reputation of a sweatshop.

However, most of the comments online are just complaints; those who are actually criticizing are probably not current employees of Tianxing Motors.

Young people are not afraid of hardship or fatigue; they are only afraid of not receiving the rewards they deserve for their efforts.

Lu Liang's Tianxing Industrial Park truly embodies the principle of "more work, more pay," and even if they ultimately die from exhaustion on the production line, it is their own choice.

That evening, Lu Liang hosted a dinner party, inviting Liang Wenhui, Li Junwei, and Tang Caidie.

"The finishing touches on Magic Square might take a few more days. Cai Die, you should go to Hong Kong tomorrow." "Get familiar with the local environment, and once Junwei leaves HSBC, try to get the structure of the quantitative company up and running by the end of the month."

Lu Liang arranged the follow-up work, and finally raised his glass with tea instead of wine, saying, "Tianxing Quantization, from now on, we'll be relying on you."

"Mr. Lu, you flatter me."

"I will definitely live up to your expectations."

The group quickly raised their glasses, and Lu Liang chuckled, "Let's eat. Consider this a farewell meal for you all. I wish you all the best."

He generally doesn't like to drink when he's discussing business.

They ate and chatted, filling in any gaps in their knowledge.
We finished eating and talked about most of the things.

The dinner party didn't last long, only about half an hour.

After dinner, Li Junwei took the next available flight back to Hong Kong, while Tang Caidie went home to pack her luggage, preparing to travel to Hong Kong the next day.

Liang Wenhui said that he had some urgent matters to attend to at the company, so he returned to Hangzhou overnight to try to finish things up as soon as possible and go to Hong Kong to take up his post.

In the blink of an eye, the private room, which could have accommodated more than a dozen people, was empty except for Lu Liang. He ate something last bit before heading to the Hilton Hotel.

Wilson, Schwarzman, and several heads of Wall Street institutions all live here, but Lu Liang is not here to see them.

The plan should proceed tacitly, and they should minimize contact as much as possible over the next two months to avoid any unforeseen complications.

Lu Liang's trip was to meet with Flannery and first understand the attitudes of Western markets towards trams.

Although their company also has a marketing department, even if a team goes to the local area to conduct research, they cannot have the same thorough understanding of the industry as a century-old car company.

Since it wasn't a formal meeting, the two went to the bar on the 52nd floor, ordered a bottle of whiskey, and chatted while drinking.

Flannery said with a smile, "In my opinion, the landing of Tian Shu in Europe and America is more symbolic than practical."

Even though the new energy industry at Dongda University is developing rapidly, its national market share has increased from less than 1% to 10% in just three years.

But the mainstream engine abroad is still the internal combustion engine. Small countries in Asia, Africa and Latin America can't even afford electricity, so how can we expect them to buy electric cars?

Furthermore, although developed countries in Europe and America talk about environmental protection, they are all all talk and no action.

Taking Tesla's sales last year as an example, a total of 28.18 units were sold domestically and internationally, with 19.76 units sold in Tokyo, accounting for more than 66%.

Moreover, at least half of the 8.42 units sold overseas are thanks to Elon Musk, the man who is closest to Iron Man in reality.

With its Mars colonization, Starlink project, and rocket recovery, most Tesla owners abroad are buying Teslas for the sake of their ideals, not necessarily because they love electric cars.

Moreover, if used as a commercial vehicle, such as for food delivery and courier services, in some areas abroad, the price of oil and electricity are actually not that different.

After all, not every country can be like Tokyo University, which can reduce the peak and off-peak electricity prices across the country to below 1 yuan.

This is why GM was willing to cooperate with Tianxing, even though they lost a chassis technology R&D team, they weren't angry.

Because the threat posed by Tianxing Auto to them is almost zero. Unlike finance, the real manufacturing industry is not straightforward; there is no possibility of being cheated.

Electric cars may be able to develop in European and American markets, but their market position is probably equivalent to that of sports cars in the automotive industry.

Even if the market develops to its peak, the market share will be at most 5%, and will never exceed 10%, making it a toy in the hands of a small number of people.

"Who can predict the future market? What if energy technology evolves?" Lu Liang replied with a smile.

Although he did not give a direct answer, he was essentially admitting that Flannery was right, that the symbolic meaning outweighed the practical one.

Tianxing Auto's entry into the European and American markets is not for the sake of those markets, but rather to boost sales in the domestic market and enhance its own image.

A century of humiliation has made the Chinese people yearn for global recognition. Even if something is good, if foreigners don't appreciate it, it's considered garbage.

Flannery paused, then added, "Even if so-called solid-state batteries and even nuclear fusion technology emerge, do you think they'll ever be commercialized?"

"Let's talk about how GM plans to handle the sales of Tian Shu." Lu Liang took a sip of his drink, intentionally changing the subject, because he couldn't refute it.

After all, some good technologies don't just appear out of thin air; this world is ultimately dominated by humans.

Just like in the late Qing Dynasty, if technological development meant that the powerful and wealthy would cut themselves in half, losing their status and power, then most people would choose not to develop it at all.

After all, it's about reforming oneself.

Not everyone has this kind of courage.

(End of this chapter)