What's wrong with me being a rich man?
Chapter 604 Crossing the Mountain Peak by Yu Xing
Chapter 604 Crossing the Mountain Peak by Yu Xing (6k)
——You must be on stage when the curtain falls.
In 2004, Germany released a documentary film called "Downfall". In 1945, Berlin was besieged by the Allied forces. Many people advised the desperate Hitler to escape, but Speer said something to him.
When the curtain falls, you should be standing in the center of the stage.
When Zhong Zhiling heard this, his heart trembled even more. He could die, but he couldn't leave the stage like a clown!
I admit it, Xing-ge, senior brother... Yu Xing, he really is a man who has climbed mountains!
He was even the leader of the mountain peak!
King of Short Sellers? Pioneer of New Energy? Leader of Mobile Internet?
He pioneered the mobile internet, cultivated the new energy industry, and is also... waiting for an opportunity in the global financial market?
Zhong Zhiling felt his mind was blank and he couldn't speak for a long time. The image of the man who had led him out of school to start a business was hard to reconcile with the image of the big short seller who was being criticized by the media.
I've known him since school, I'm familiar with him, I've followed him, and without a doubt, I wouldn't be who I am today without him. But suddenly, that mutual understanding has revealed a completely unfamiliar side...
Amidst his bewilderment, Zhong Zhiling even felt a pang of fear—such a global short seller lurking right beside him…
However, he was not a recent graduate. Over the years, he had experienced many projects, including Baixiaosheng and Carbon Silicon Data. He forcibly suppressed his complex emotions and recovered from the shock, and then began to consider the current situation.
Zhong Zhiling's voice was hoarse as he spoke with difficulty, "Brother Xing, this...this situation needs to be handled, we can't let it continue like this..."
Not to mention that Guoshanfeng has shorted many domestic companies, Carbon Silicon Group is currently in the process of listing. Once it is confirmed that it is the king of short sellers, trouble will immediately follow, and listing in the United States will be out of the question.
As Zhong Zhiling spoke, he looked at his senior brother, only to see that the smoke from his deep inhale and exhale blurred half of his face, making it impossible to discern his expression.
"Brother Xing, the most urgent thing right now, yes, the most urgent thing right now is to put out the fire immediately!" Zhong Zhiling's thoughts became smooth as he spoke, and his speech was extremely fast. "I'll have someone ban the content on Douyin right now, remove the Baixiaosheng topic, and I'll call Weibo!"
Yu Xing glanced at Zhong Zhiling, took out a second cigarette from the cigarette case, tried to light it twice but failed, then waved to the numb secretary.
Zhang Yangxu was no less shocked than Zhong Zhiling, perhaps even more so. He had been doing part-time research work for the past two years, and at the time he thought it might be a short-selling institution. Now... is he still the boss?
Yu Xing uttered a single word: "Fire."
Zhang Yangxu snapped back to reality, stepped forward to light the cigarette for his boss, his hand trembling involuntarily, and it took him several tries to light it.
Zhong Zhiling watched his senior brother smoke, realizing that every second counted. If they hesitated for even a second, the outside world would erupt in uproar. He raised his voice, "Senior brother! Put out the fire!"
Yu Xing waved the cigarette between his fingers slightly in the air and asked, "How do I put it out?"
Zhong Zhiling repeated what he had just said, and added, "Brother Xing, even if it doesn't work for me to make the call, you can call those colleagues. They'll have to give us some face. We can shut down the public opinion and handle it quietly, and that will be the end of it!"
Yu Xing took a drag of his cigarette and said casually, "If you can't post on Douyin, you can go to Leyin. I've shorted Alibaba before."
Zhong Zhiling was about to continue speaking when he abruptly stopped. "Ali, yes, Ali has also been shorted before. They've been enemies for a long time. How could they possibly let them off the hook at this critical moment?"
"Put out the fire, put out the fire, once this fire starts, it can't be put out." Yu Xing felt both absurd and sentimental. "Voiceprint identification still requires respect for technological advancements. Wildfires can't be extinguished, wildfires can't be extinguished."
Upon hearing this, Zhong Zhiling suddenly had a new idea: "Voiceprint, voiceprint, not necessarily, not necessarily. I'll have Hong Yu come over and have him give me an explanation."
Hong Yu is the head of the sound mapping team at Silicon Carbon Data.
At this moment, with the sudden surge of public opinion, the entire silicon carbon company was discussing it in astonishment, and Hong Yu was also subjected to many strange looks.
Just as he was feeling uneasy, another call came in from President Zhong Zhiling. He immediately felt like he was doomed and hurriedly walked into the president's office amidst the various gazes of his colleagues.
There were only three people in the office: the boss was sitting behind his desk smoking, the secretary was standing next to him with an expression that was hard to hide, and the president was pacing back and forth.
Upon hearing the question, Hong Yu, unable to conceal his expression, answered in a low voice about the voiceprint identification.
He thought the matter was over after seeing all the different assessments on Zhihu.
Voiceprint identification is the comparison of the core features of voiceprints, all of which are in the golden frequency range of human voice. The physiological features of human speech, including fundamental frequency, formants, and harmonics, are all concentrated in the mid-low frequency range of 300Hz-3400Hz.
This is the core frequency band for vocal cord vibration and resonance cavity sound production, and it is also the frequency band that mobile phone recordings will absolutely preserve completely.
The recordings circulating online have long been compressed, but this will not affect the identification of voiceprints, because the core of the identification does not rely on the quality of the sound, but only on the acoustic feature data.
Mobile phone recording compression removes high-frequency noise, low-frequency noise, and redundant audio data that are inaudible to the human ear. The core frequency band of the human voice remains unchanged. It's like compressing a high-definition photo into a smaller image; the image quality becomes blurry, but the facial features remain the same.
Zhong Zhiling's face was very ugly. After listening, he didn't say a word and waved for Hong Yu to go back.
Hong Yu left the office uneasily, his mind filled with the repeated thought, "I'm doomed, I'm doomed." He realized he had made the biggest blunder of his life...
He returned to his workstation and, facing a throng of colleagues, remained silent, unwilling to discuss the definitive results of voiceprint identification.
Hong Yu was somewhat saddened. He respected and liked President Yu very much, but he never expected that his work would break through Guo Shanfeng's defenses. If he had known this would happen, he would have preferred to work on the voice function at the Silicon Carbon Group.
“This can’t be blamed on Hong Yu.” Yu Xing lit his third cigarette and said calmly, “Actually, you can tell by looking at the assessments on Zhihu. These are already used in the public security system, so they can’t be too far off.”
Zhihu features cross-validation with multiple software programs, including the voiceprint identification and analysis system from the joint laboratory of iFlytek and the Public Security Evidence Identification Center.
If one piece of software is wrong, does that mean all of them are wrong?
Yu Xing only glanced at it once before giving up any hope.
Zhong Zhiling didn't know why he felt a pain. He had exhausted all the solutions he could think of in a short time, and seeing that things were about to inevitably deteriorate, he could only mutter, "What should I do?"
Yu Xing stared at his junior brother's lingering shock and sadness, his face expressionless, but his voice rose slightly: "Since the appearance of the mountain peak, Fenzhong Media has been falsifying screens!"
"Alibaba is covering up the transfer of control of Alipay!"
"Huaxia Expressway's financial statements are fraudulent!"
NetQin fabricated market share!
"Holmes' Theranos artifact effect!"
"Vanlia's business model is fraudulent!"
"Toshiba falsified its data, Mitsubishi exploited loopholes, and Renault, Volkswagen, and Mercedes-Benz falsified emissions data!"
"A listed company, adorned with gold and jade!"
"Hey, it's a fake, inlaid with gold and jade!"
Yu Xing stood up, flicked the cigarette butt out with his finger as if he didn't feel the pain in his finger, or as if he didn't care about such a small pain. Meeting the gazes of his junior brother and secretary, he said, word by word, "The one who's wrong isn't me! It's them!"
Zhong Zhiling opened his mouth as if to speak, but then didn't know what to say.
Looking into his senior's sharp eyes, he suddenly realized that this might be his true nature.
Since his senior brother started building cars in Lingang, he has been overwhelmed by many things at the Silicon Carbon Group. Bai Xiaosheng was handed over to Liu Hao, and Silicon Carbon Data only focused on strategic matters. In recent years, he is no longer the Dr. Yu who was under pressure during the Bai Xiaosheng era, nor is he the President Yu who would cry alone at meetings and arrest others instead of him...
His sharpness and his confrontation seem to have all become the achievements of the silicon carbon group.
This achievement has lived up to the changes made by my senior. The Silicon Carbon Group is the biggest surprise in China's automotive industry this year, without exception!
People can change, right? And they should change, right?
Zhong Zhiling once thought so, but now he has rejected that idea.
A will as firm as steel cannot be broken, and a mind as unsettled as a thousand thoughts cannot be disturbed!
They're the ones in the wrong!!
Zhong Zhiling was emotionally shaken. He took two deep breaths and said, "Brother Xing, I never expected it, I never expected it would be you at the summit, I never expected... I never expected that we'd gone from being under pressure to being tested..."
Ten years of honing a sword, its sharp edge has been tested.
His mind suddenly cleared instantly, focusing on the current situation: "Brother Xing, the problem now is, what about the listing of Silicon Carbon Group? What about the legal issues both domestically and internationally?"
“The responsibility for Silicon Carbon Group’s inability to list in the United States lies with me.” Yu Xing did not shirk responsibility. Emotions are emotions, and the current situation is the current situation. He had been considering the situation while smoking earlier, and said at this moment, “Voiceprint identification cannot be avoided, and since that’s the case, we can’t shirk it either.”
"To push is wrong, to allow it to fester and be smeared, to allow it to be arbitrarily defined."
"All of Guoshanfeng's short-selling targets have been proven to be fraudulent. They are the ones who are wrong. Guoshanfeng is just an independent research institution, and all the information in its short-selling reports comes from publicly available information."
"Short selling is legal, and conducting research is not a crime."
As the founder of Silicon Carbon Group and Silicon Carbon Data Company, now that voiceprint identification has been proven ineffective, we cannot afford to ignore it or try to avoid the problem by remaining silent.
Because once defined as market manipulation, neither of the two companies that are inseparable from Yu Xing will be able to go public.
The SEC has had similar cases in the past few years. Listing Rule 5600 clearly stipulates that, in addition to meeting financial indicators, companies must also meet requirements such as executive integrity and corporate governance.
Rule 5101 also gives Nasdaq discretion to refuse listing to companies associated with "individuals with a history of regulatory violations," even if a company meets all quantitative criteria.
In such cases, the SEC requires the individual to sever ties with the company, and the company can only go public after at least several years.
However, Yu Xing is indispensable and cannot be relied upon to complete the listing of the silicon carbon group. If it takes several years to raise funds through an IPO, the current leading advantage will be greatly weakened.
If that's the case, then the only option is to turn to Hong Kong, on the one hand to leverage its influence and seek help from external factors, and on the other hand to deny the inevitable accusations of market manipulation and other crimes.
Guoshanfeng is Guoshanfeng; it has always been an independent research institution.
Regarding the use of offshore funds, Silicon Carbon Group faces the trouble of being investigated, but its use of these funds has been relatively restrained, and assistance is needed in this regard.
The entire process and its reputation need to be at least presentable. At this juncture, we must strive to get Silicon Carbon Group listed first, and everything else can be dealt with later.
Yu Xing hoped that the exposure of the mountain peak would be many years later, which would be the best-case scenario, but now... it's at least not the worst-case scenario.
They admitted to having peaked, denied market manipulation, denied violations of information disclosure regulations, and denied insider trading.
This is the most important thing to do right now. Yu Xing had various thoughts running through his mind. Thinking about this trouble that had disrupted his plans, he couldn't help but laugh and say, "It's a pity that I can't sing 'The Fake Monk' properly. I have to get silicon carbide listed before the big lawsuit breaks out."
Lawsuits are inevitable, and they will be no small matter; it's no exaggeration to say that this will be a lawsuit of the century.
Zhong Zhiling thought about the lyrics his senior brother sometimes liked to sing at karaoke, and then it suddenly dawned on him.
Hearing this, he couldn't help but be skeptical: "Brother Xing, is it really possible for silicon carbide to be listed on the market?"
Yu Xing said with a focused mind: "It all depends on human effort. Industrial development is a consensus. For Silicon Carbon Group, overcoming the mountain peak can be a big problem or a small problem."
At this moment, Secretary Zhang Yangxu, who had finally come to his senses, felt a strong vibration from his phone. He took it out, looked at it, and after answering the call, he reported nervously, "President Yu, Huishan Dairy has issued an announcement... asking you, uh, asking you to explain and clarify, uh, shorting it."
As the Hong Kong stock market approached its opening time of 9:30, the media frenzy had already exploded.
On Zhihu, the accuracy of professional voiceprint identification has been popularized, and people within the system have helped to verify its application. Because it is a matter of great importance, they do not mention Yu Xing's name, which proves the maturity of voiceprint identification technology.
Regardless of who it is, the technology is like this, which means... Yu Xing is 99.99% the most mysterious short-selling king in the world!
Yu Xing couldn't possibly be Guo Shanfeng, but his voiceprint suggests he couldn't possibly not be Guo Shanfeng...
Huishan Dairy's stock price had already been halved last Friday, and it was expected to be doomed when the market opened on Monday. However, to everyone's surprise, the king of short sellers, who had been active around the world, suddenly appeared. Although the executives were shocked by the other party's identity, they immediately thought that this might be an opportunity in a desperate situation.
They were desperate, but they figured they might as well try anything. What if Yu Xing felt guilty and offered an explanation? What if the attention this incident would bring overshadowed the alfalfa issue? What if…
Given this situation, Yang Kai made the decision to hold a public inquiry, demanding that the head of the silicon carbon company, who was suspected of having surpassed the peak, clarify the situation.
Yu Xing listened to his secretary's voice and was surprised that Huishan Dairy would dare to step forward at such a critical moment.
After a moment's thought, he could roughly guess what the other person was thinking.
"Where's Xiaoying?" Yu Xing asked Zhong Zhiling. "Where is she today?"
Zhong Zhiling rubbed his face: "She's in Guangzhou."
Yu Xing's voice softened slightly: "Tell her to contact Xiao Ying and go to Hong Kong. No matter what, don't let Xiao Ying come back yet."
Zhong Zhiling was taken aback, then looked up. Yes, he had been shocked by his senior brother's identity. You can't sleep in the same bed with two different kinds of people. Sister Ying must also be the mastermind behind Guo Shanfeng!
He nodded emphatically: "I'll call Xiaoying."
Just then, Liu Wanying, who was in Hong Kong, called Yu Xing. Caught off guard, she couldn't hide the panic in her voice.
The incident happened so suddenly that while Douyin and Baidu Baixiaosheng were still more entertainment-oriented, it was Zhihu's solid technical analysis in the morning that made the matter break out of its niche, and it became a hit across the entire internet in just a few tens of minutes.
"It's alright, you stay in Hong Kong for now. I've already made contact with someone," Yu Xing reassured him. "You can't come back now since you're in Hong Kong. Someone needs to lead the way over the mountain. It's okay, I'll call again and keep you updated on the latest news."
The call was brief.
But Yu Xing remained silent, clutching the phone that had just been hung up.
Seeing this, Zhong Zhiling said, "Brother Xing, I'll go and do some research on Guoshanfeng's content and the situation of those fraudulent companies. There are good short sellers too, and Guoshanfeng is the king of good short sellers."
The joke did nothing to break the somber atmosphere in the meeting room.
When Secretary Zhang Yangxu saw President Zhong leave, he really wanted to go out with him. He always felt like he was standing next to a ferocious beast in the office.
The silence in the CEO's office didn't last long, quickly broken by the continuous ringing of landlines and cell phones, but none of them were answered.
Zhang Yangxu swallowed hard, watching his boss deep in thought amidst the incessant ringing of the phone, before cautiously asking, "President Yu, what about Huishan Dairy? Hmm, how should we respond? They seem to have ill intentions as well."
Upon hearing this, Yu Xing suppressed the hesitation that inevitably arose in his heart and revealed a sinister smile: "I almost forgot about it. The newcomer is hostile? I am the newcomer. Good, good, let's smash it to death first."
Zhang Yangxu's forehead instantly broke out in a sweat.
Yu Xing hung up the phone, found Weibo and posted a brief update, then placed it on the table. He then walked to the French windows and silently gazed at the East China Sea in the distance.
"Alright, come on."
Douyin's algorithm is automatically boosting popularity, Baixiaosheng's page is full of discussions, related questions on Zhihu have exploded, and almost all of the top ten on Weibo are related to the "King of Short Sellers" and Yu Xing.
Amidst this widespread online discussion, the person involved has posted a new update on their Weibo account.
Yu Xing reposted a short-selling report by Guo Shanfeng on Huishan Dairy, summarizing it in six words.
Huishan did indeed commit fraud.
The Hong Kong stock market will open two minutes after this post.
At 9:30 a.m., Huishan Dairy, a Hong Kong-listed company, was targeted by short seller Guoshanfeng for the first time since the company's global short-selling firm, Guoshanfeng, made its first appearance.
Contemporaries commented that Huishan Dairy could die without regrets, having been dealt such a blow by the king of short sellers.
A single-word soul-severing blade!
Huishan Dairy's stock price plummeted!
Yang Kai was filled with regret. He didn't know what would happen to Yu Xing, but his own family was probably doomed this time!
However, not many people care about the company's stock price trend now. Everyone has realized one thing: Yu Xing's statement is that he has almost directly admitted Shanfeng's identity!
In just five minutes, Zhihu froze, and Weibo and Baixiaosheng crashed!
Yu Xing is Guo Shanfeng!
The biggest news of the year has emerged: Yu Xing is the king of short sellers!
Yu Xing is the mastermind behind the attacks on Chinese concept stocks, the king of short sellers who wiped out globally renowned automakers like Volkswagen, Renault, and Daimler!
The industry was shocked, countless people were stunned, and local and Beijing authorities were also puzzled after receiving the news.
How could he be a financial manipulator? How could he be the king of short sellers?
However, he has already admitted it.
A huge short seller emerged from Xiaolingang!
……
Monday morning was the second day after the Internet Conference concluded.
Ali's Ma Chuan and others rested in Lingang last night and only set off for Lin'an this morning.
At 8:30, the journey was halfway through.
"Yu Xing's car is really quite good." Ma Chuan praised the Jiuzhou he used on the return trip. "No wonder the sales of the Silicon Carbon Group are so good. Xiao Peng, you should learn from him."
Since Joseph Tsai and He Xiaopeng were both in the same car, they naturally started talking about new energy vehicles.
With Yu Xing's help, He Xiaopeng has already reached an agreement with Ma Chuan that he will leave the company after the handover of his current work and devote himself fully to the work of XPeng Motors.
The matter of him switching jobs to Silicon Carbon Group has been discussed openly. His explanation was that he was hesitant, considering both learning at Silicon Carbon and taking full charge of XPeng Motors.
“Yes, Mr. Yu is very serious about making cars, but he is also quite aggressive, starting with cars in this price range right away.” He Xiaopeng shook his head and sighed, “This is a breakthrough in concept, not just for the Carbon Silicon Group, but for setting a benchmark for domestic car companies, showing that our own brand can make products in this price range.”
Ma Chuan naturally understood the significance of this, and said with a smile, "Once Silicon Carbon goes public, I'll buy some of its stock. I estimate that Silicon Carbon, with its title as the first new energy stock in our region, will have a market value of at least tens of billions of US dollars."
He Xiaopeng has a deeper understanding of the automotive industry and feels that it is still quite difficult.
He shared his thoughts on this.
Just as the two were chatting, Cai Chongxin in the passenger seat took out his phone, scrolled through it for a while, and then suddenly laughed and said, "Someone in the group said that President Yu is Guo Shanfeng. Hmm, Sohu Games' character creation feature. President Zhang really knows how to find topics to promote."
The character creation process resulted in the creation of the "King of Short Sellers," and that "King of Short Sellers" is none other than Yu Xing.
This looks exactly like a promotional campaign for Sohu Games.
“Haha, if Yu Xing is the one who surpasses the peak, then I am…” Ma Chuan thought for a moment and laughed, “Then I am the founder of Tencent.”
This was the most improbable thing that came to his mind in that instant.
Tsai Chung-hsin laughed along, not taking it seriously. However, after a while, when he looked at his phone again, his brows suddenly furrowed, and he slowly read out the contents: "After cross-comparison with multiple voiceprint identification software, the recording of the call from Dang Guoshanfeng basically matches the voice of Yu Xing, the founder of Silicon Carbon, in public."
He subconsciously repeated the last four words with a questioning tone: "Basically matches?"
Tsai Chung-hsin's voice wasn't loud, but the car suddenly fell silent.
Ma Chuan asked doubtfully, "Basically match? What do you mean by 'basically'? What does 'basically match' mean?"
Cai Chongxin shared the link in the group with Mr. Ma, then clicked on another message, quickly browsed it, and said, "Voiceprint identification, they say it's highly accurate, but... that's unlikely, isn't it..."
He simply couldn't imagine that President Yu's portrait overlapped with that of Guo Shanfeng.
However, based on voiceprint identification, some people have also uncovered part of Shanfeng's short-selling history, among which the most famous bloodbath against car companies happened after he started building cars in Lingang.
Why did it have to be after Mr. Yu started making cars?
I searched for clues with the answer in mind, and every clue seemed to point to him.
Joseph Tsai frowned deeply, Ma Chuan's expression gradually darkened after looking at his phone, and He Xiaopeng scrolled through the trending topics on social media platforms with a blank expression.
After a while, all three of them saw Yu Xing's latest Weibo post.
Then... it disappeared after a short while; Weibo crashed due to the overwhelming popularity of the platform.
Over the mountain peak, over the mountain peak, the one who once shorted Alibaba with a single sentence!
Ma Chuan slammed his phone on the seat: "Go back! Go back to Lingang! Good, good, I want to see this king of short sellers! I want to see President Yu, this mountain-climbing giant!"
Coincidentally, Jiang Nanchun of Fenzhong Media, who also attended the Internet Conference this year, was completely stunned after seeing the news. Fenzhong Media was the first target of Guoshanfeng's debut and also directly led to the company's return from the US stock market to China, so the connection is very deep.
"I'm not flying anymore! I'm not flying anymore! I'm going to Lingang to find that guy surnamed Yu!"
Jiang Nanchun gritted her teeth, determined to confront the king of short sellers face-to-face.
The high-speed turnaround, the airport stop, and the landing and takeoff are all part of the effort to catch a glimpse of Yu Xing, the mastermind behind the scenes!
No, it's the dark side of Mount Lu!
(End of this chapter)
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