Black technology: a super empire spanning two worlds

Chapter 356 [Is there any possibility of a plot twist?]

However, Lin Shenshi was relatively lucky, as his investor was his good brother Zhao Mingjie. If the investor had been another venture capital firm or a bank loan, that would have been disastrous.

With something like this happening, venture capital firms will definitely demand to withdraw their investment, and banks that like to withdraw their loans during a downpour will absolutely pull out their loans at this time.

At that time, Lin Shenshi will inevitably go bankrupt because of this, be burdened with heavy debts, and become a defaulter.

“This is really the end for us. Likang Technology has been summoned by eight departments. Even if it’s not completely shut down, we can at least keep the personal consumer version of Flowing Star Language, but the enterprise version is definitely out of the question.” Lin Shenshi, who had just arrived at Zhao Mingjie’s house, wore a pained expression.

He'd been working non-stop on the cyber-themed sex experience center all this time, and then this happened.

Lin Shenshi looked up at the ceiling, shook his head with a helpless, bitter smile, and sighed, saying to himself, "Sigh~, the startup collapsed halfway through..."

After a moment, Lin Shenshi turned to his good friend and said, "Why don't we cut our losses in time? The company still has more than 22 million in cash flow in its accounts. After depreciating other assets, we should be able to recover about 3 to 4 million. In total, we should have about 25 to 26 million. After all this trouble, we've lost more than 5 million in net profit."

Zhao Mingjie immediately said, "No, you want my first primary market investment to end in failure like this?"

Lin Shenshi shrugged: "What else can we do? When faced with a black swan event like this, we little Karamis are powerless to stop it."

At this moment, Zhao Mingjie looked at his good friend and said, "The shoe hasn't dropped yet, there might still be a chance. Let's wait and see, let the dust settle."

Lin Shenshi said, "The joint meeting of eight departments, isn't that obvious? Moreover, the public opinion is so strong now, almost the entire nation is against it. It's such a big and fierce uproar, the country can't possibly ignore such a huge negative impact."

Zhao Mingjie said, "Listen to me, let's wait and see. No investment is without risk. The important thing is that a loss of a little over ten million won't be crippling. I can still afford to lose money now."

Ultimately, it was the 4 million yuan in cash lying in the bank that gave Zhao Mingjie the confidence to remain calm. If he had gone all in, that would have been a completely different story.

Hearing this, Lin Shen felt quite grateful. It could be said that his good friend had indirectly saved his life.

If Zhao Mingjie hadn't planned to invest in the company, Lin Shenshi would have been prepared to sell his house, mortgage it to a financial institution, and then take out a loan to gamble everything. Now, the bank would definitely have withdrawn the loan, wiping out his net worth overnight and possibly incurring millions in debt.

After a while, Lin Shenshi couldn't help but curse: "I really don't understand Zhou Chengyang. Is he really getting cocky or is he just not smart enough? How can he be so stupid? Can't he take it slow and proceed gradually? Why did he have to go all in right away? He wanted to get rich quick. Now look what happened, he's had his fill and is now getting the iron fist. He even dragged me into this mess."

“Your words have reminded me.” Zhao Mingjie frowned and said, “I feel like something’s not right. Logically speaking, Zhou Chengyang shouldn’t have made such a stupid decision. He should have known that such a radical move would definitely provoke public anger and face huge resistance.”

Lin Shenshi leaned back on the sofa with a tactical backrest and said, "What's wrong with this world? It's just a makeshift operation."

Zhao Mingjie said to himself, "Even if Zhou Chengyang has become arrogant, what about Brother Xiao, Xiao Yu? Why doesn't he step in to intervene?"

Upon hearing this, Lin Shenshi said, "Isn't Lingjing Technology a technology provider? I remember their cooperation. Liuguang Xingyu was independently branded and operated by Likang Technology, while Lingjing Technology only provided the technology and then sat back and shared the profits."

Lin Shenshi added, "Besides, if the enterprise version can be promoted, the biggest beneficiary will be Lingjing Technology. Now that you mention it, I think Zhou Chengyang's willingness to go all in is likely because he has Lingjing Technology backing him up, or even because Lingjing Technology authorized him. After all, the profits are measured in trillions, which is a huge amount of money."

To be fair, Lin Shenshi did guess correctly, but not entirely; in fact, he was off by a hair's breadth but completely wrong.

Zhao Mingjie shook his head and said, "I don't agree with your statement. If it were any other business owner, perhaps it would be as you say, but this person is Brother Xiao. What Brother Xiao has done is clearly very different." "A person who can transfer 50% of Lingjing Technology's shares to HP Fund free of charge, while symbolically retaining only 1% for himself, a person who can sit at the same table with Boss Pang Donglai, and recently HP Fund even invested 180 billion yuan to establish a public welfare elderly care institution, providing free elderly care services for the elderly from low-income families and the elderly living alone."

Zhao Mingjie turned to his good friend and concluded, "I don't believe someone like that would do something like this for profit. If it were for profit, how could he transfer 50% of Lingjing Technology's shares to the HP Fund for free? How could he really fulfill the promise of 'common prosperity'?"

Lin Shenshi shrugged and said, "Who knows? We'll probably never know the truth about those big shots and bigwigs."

Zhao Mingjie didn't reply to him, and suddenly got up and left the living room.

A moment later, he returned to the living room with a laptop and sat down in his original spot. Lin Shenshi asked curiously, "What's wrong?"

Zhao Mingjie remained silent, quietly opening his trading software. He first checked the intraday chart of Likang Technology.

It's 1:20 PM now, and the market has been open for 20 minutes. This stock is still locked at the -30% limit down, and the amount of sell orders at the limit down price hasn't decreased at all. There are over 10 billion yuan in sell orders waiting to be sold at a loss.

Lin Shenshi also peeked over and, seeing the stock's trend, couldn't help but click his tongue and say, "Tsk tsk tsk, it's really too tragic. Luckily you got out early."

Zhao Mingjie laughed and said, "When it came out at 3200 yuan, it rose to 9999.99 yuan. I regretted selling it for 700-800 million yuan. Now it seems like it was both a blessing and a curse."

Lin Shenshi asked curiously, "What's going on with you? You're not thinking of buying at the bottom, are you?"

Zhao Mingjie replied, "To be frank, I'm thinking of getting in on the action and making a quick buck. I always feel like things might turn around."

Lin Shenshi asked in disbelief, "A reversal? What makes it possible to reverse? Old Zhou has already been subjected to the iron fist of eight departments, how could it possibly reverse?"

Zhao Mingjie said, "I'm not looking at that, but at Brother Xiao's reputation. I always feel that this matter is not as simple as it seems on the surface. I can't quite put my finger on it, but I just have this feeling."

As he spoke, Zhao Mingjie's hands were not idle. He immediately entered the stock code of Lingjing Technology and was quickly redirected to the company's intraday trading screen.

"Huh? Lingjing Technology's stock has stopped falling and rebounded today?" Zhao Mingjie said in surprise. At this moment, Lingjing Technology's intraday trend was up 3.56%, and around 10:23 am, it reached a high of 5.58%.

"As expected of 'Linghuang', its strong fundamentals are truly impressive. While Likang Technology next door has been locked at the daily limit down since its initial limit down, Lingjing Technology has actually started to rebound," Zhao Mingjie couldn't help but say.

The fundamental logic of this stock remains unchanged. Its core business is still in a high growth phase, there are expectations for intelligent medical operating tables, there are also expectations for single organ cloning technology in the biotechnology field, and it holds a 25% stake in AVIC Linfei.

AVIC Linfei has mastered the "trump card" of room temperature superconducting materials, and the Shenlong fighter jet "J-36" is said to be entering service faster than the J-20 fighter jet.

Clearly, Lingjing Technology is far from being something Likang Technology can easily emulate. In the end, it is merely an external distributor of Lingjing Technology's technology products. The term "Lingjing Likang" aptly summarizes this among shareholders.

Zhao Mingjie turned to his good friend and said, "How about we buy 100 million worth of Likang Technology stock? Let's take a gamble and try to turn our fortunes around. Maybe we can turn things around. If we're wrong, we'll just lose it all. Consider it a concession to the market. Anyway, after losing 100 million, I still have 300 million left."

……

(End of this chapter)