What's wrong with me being a rich man?

Chapter 596 Retreat Nine Houses

Despite receiving phone interviews from reporters, Yu Xing did not directly address the negative feedback from his peers. Issues such as the construction of the second phase of the silicon carbon plant, the planning of the Ningbo plant, new models and minor facelifts, and battery development and investment all had higher priorities.

However, while browsing the Baixiaosheng Forum during the National Day holiday, he noticed that this topic seemed to have endured for a long time, so he indirectly replied to the inquiry he received by @, asking why there had been no response for so long.

"There's nothing to say. My comments will only make things more difficult for him. Although I don't care about what I say, if you want to build a car, then build it properly."

Upon seeing such dismissive words, Shen Haiyin felt even more enraged.

However, after its former owner 360 explicitly rejected the investment, Singulato Motors has indeed been met with a cold shoulder from institutions, and its stock price seems to be sliding lower and lower.

Shen Haiyin was indignant this time, believing that Yu Xing was acting unethically. He thought that the main reason Tongshi was not promoting cooperation with Qidian was Yu Xing's obstruction, and secondly, he wanted to take this opportunity to hype up his own project.

He believes that new energy vehicles have shown promise, and the market is so big that any controversy is still a positive one. As long as people pay attention to Singulato Motors, investors will naturally consider investing.

Yu Xing may have some good relationships with investment institutions, but not all of them can be on his side.

Shouldn't those Penguin-affiliated organizations try to contact us?
However, Shen Haiyin's impulsive and deliberate actions eventually revealed that he had made a misjudgment, underestimating the influence of the Silicon Carbon Group in the new energy field.

While it certainly created a lively atmosphere, it actually pushed investors further away.

Shen Haiyin realized something was wrong, and his WeChat Moments went completely silent.

He drowned his sorrows in alcohol and overheard his friend He Linyuan's analysis from the sidelines.

"Even those on Tencent's side, no matter what grudge they have, they don't want to turn down money."

"The more it's a penguin, the more it values ​​Yu Xing's judgment..."

"I heard that the cooperation between LeEco and Zhejiang Province was also ruined by Yu Xing, but Jia Yueting tolerated it, probably because he was worried about encountering the same situation again."

Shen Haiyin already regretted stirring up this wave of public opinion. He listened silently to He Linyuan's voice. When he heard He Linyuan mention "Jia Yueting", his heart stirred: "LeEco's influence is beyond my reach. He had also considered cooperating with Tongshi before. It seems that both of his investigations in Zhejiang Province and Tongshi were ruined. If he were willing to step forward, the situation might be different!"

He believes that Jia Yueting, the head of LeEco, has far greater influence than himself and has also had a similar experience in the new energy vehicle business. As long as he takes advantage of the public opinion he has stirred up to confront him, he might be able to bring Yu Xing down.

Shen Haiyin acted on his idea immediately, taking out his phone and calling Jia Yueting.

He got through on the phone, but was interrupted by the other end after only a few words of his thoughts.

Jia Yueting: "Mr. Shen, I have other things to attend to. Goodbye."

The call was hung up.

Shen Haiyin was still not satisfied and called again, but this time the call was disconnected before the call was even answered.

He called a third time, then suddenly slammed his phone on the table.

He Linyuan, who was standing next to him, asked with concern, "What's wrong?"

Shen Haiyin exclaimed in astonishment, "This... he blocked me!"

He Linyuan was also very surprised when he heard this. Why would President Jia be so evasive?
Logically speaking, since President Jia was also caught up in this mess, he should have fought back.

He pondered and advised, "Yu Xing is so powerful that even President Jia is backing down... This is practically a complete retreat. Qi Dian, you should take a step back and see if you can get away with this."

Shen Haiyin drank silently, without saying a word.

He Linyuan stopped trying to persuade him. Then he thought again, perhaps President Yu's judgment was correct. Nine out of ten startups fail. If investors aren't providing funding, Shen Haiyin going back to work as a senior executive might not be a bad option. Taking a step back opens up new possibilities; taking several steps back might even lead to a brighter future.
……

The operations of the Silicon Carbon Group continued as usual, and Yu Xing's work schedule was arranged normally. He did not do anything because of public opinion, but some investment institutions did come to verify the authenticity of those messages, either directly or indirectly.

It started with my opinion on Singulato Motors, then it brought up Qiantu and Youxia, which were new energy projects that came to Lingang last time, and then it included the companies that carbon and silicon companies were willing to jointly purchase from...

Yu Xing, impatient to answer these questions in detail, pushed Cui Zhiyu forward.

In addition to these, CCTV also attempted to have Cui Zhiyu and others come forward for the interview.

CCTV has already set up a filming team in Lingang, but still provided a lot of resources, notifying them in advance that there will be at least two more live broadcasts at the end of the year, and also invited Yu Xing to do a public lecture program for young people called "Let's Talk".

Yu Xing initially refused, but after receiving several phone calls, he gave her face and decided to record the video when he went to inspect the northern market after the internet conference.

In October, Xu Rongxuan, an old acquaintance from Dragon TV, also called, hoping that President Yu could record half a day of "Only You".

Yu Xing was surprised to hear the other party's words and laughed, "Director Xu, you've been promoted now, why are you still thinking about this program?"

Xu Rongxuan sighed deliberately: "Oh, President Yu, you are the pride of our program. This year-end is a time to boost performance. I said if we're going to push, we should go big. So I gritted my teeth and nervously called you."

Yu Xing laughed and agreed to spend half a day.

There is a holiday for National Day, but he was unable to take two days off. Mainly, there were many important matters to attend to. For example, the IPO of Silicon Carbon Group is scheduled to be submitted to the U.S. Securities and Exchange Commission (SEC) around November 15, which signifies that the IPO has moved from the preparation stage to the official approval stage.

According to Goldman Sachs' estimates, the SEC review will take about two months, followed by a two-week roadshow and pricing process, with the listing likely to take place in early February, around the time of the Lunar New Year.

Of course, if problems arise during the review process, the time will be further postponed.

Yu Xing calculated the time and considered the possible impact of the subsidy reduction next year, hoping for a good start to the new year.

On October 13, Yu Xing listened to a work report on the mobile internet in Q1-Q3 of this year at Carbon Silicon Data Company, and was also invited to try out the results of the "Sound Painting" team after the meeting.

Silicon Carbon Group and Silicon Carbon Data Company have a collaboration on sound technology. The former has benefited from this collaboration in the "small state" of Kyushu, while the latter has been considering the empowerment of sound technology. The so-called "sound painting" is to create a face in the game that matches the user's characteristics by listening to and analyzing the sound.

Yu Xing found it quite amazing. Listening to their description, he realized that they were taking this matter very seriously. They not only used sound, but also combined it with geographical location to summarize the characteristics of regional appearances, and finally created the portrait in the game.

"You guys are talking a good game, but mine doesn't look quite right," Yu Xing joked after trying it out. "If you guys optimize my voice and character creation, I'll ask Sohu or NetEase if they have any games that support this feature. Hmm, it does sound like a pretty good gimmick."

Zhong Zhiling also agreed with the hype surrounding Shenghui, and then brought up a company-related direction: "Brother Xing, Tencent recently launched 'Honor of Kings,' and the feedback has been quite good. It's said that it has also reactivated many WeChat accounts. The mobile internet gaming business has great potential."

Yu Xing changed his mind and laughed, "No rush, let's focus on doing your current business well first. Sigh, Tencent still has the energy. I don't think Alibaba can make WeChat, what a pity."

“What’s there to regret?” Zhong Zhiling shook his head and said, “After WeChat became commercialized, it has been revolving around Alibaba’s e-commerce, so the user experience is indeed a bit lacking.”

Yu Xing nodded slightly: "Well, it's not bad. Times have changed. With all your technologies, Lingang really needs a chat software for our internal communication."

Zhong Zhiling agreed: "Brother Xing, this is not difficult."

He then reminded his senior colleague not to forget the small favor that "sound and image" empowerment could do.

Yu Xing thought of the game companies and replied, "Sure, we can take advantage of the industry conference next month to ask. It's not difficult."

(End of this chapter)