Reborn: Billionaire in College
Chapter 658 Brewing
This is an unprecedented encirclement and suppression campaign that spans multiple industries.
It is much more severe than the sanctions against Huawei.
Chen Pingjiang was not panicked at all.
People are only afraid of an unknown future, but if the future is a tragedy, everyone will often be able to accept it after adjusting their mindset.
Moreover, in Chen Pingjiang’s view, this might not be a tragedy.
“I am honored that my company has received such great care. I am really a little flattered. However… the good show has just begun, and I don’t think I will lose.”
After his industries were sanctioned, Chen Pingjiang, contrary to his usual behavior, frequently left messages on social media platforms.
This one was posted on Twitter.
Unexpectedly, it was well received.
It’s normal if you think about it carefully.
When a country takes action against a company, it is in itself a form of bullying the weak, and to say it is immoral is an understatement.
People tend to sympathize with the weak and are even more inspired by their tenacious spirit of resistance.
Chen Pingjiang is a good example.
Its influence overseas is not weak, and it has 1500 million followers on Twitter.
The current message portrays himself as a hero who resists oppression.
This quickly caused his Twitter account to be flooded with praise and support.
“I swear, I will definitely buy an Orange phone and support any of Chen’s products.”
“The essence of the USA’s sanctions against Orange Technology and Sinochip International is economic protectionism, suppressing competitors under the guise of ‘national security’. This is not fair competition!”
“Orange Technology’s smartphones and tablets are first-rate, and I am a loyal user. The US’s actions clearly undermine free trade.”
“I love orange! Nothing can make me give it up!”
“As a Japanese, the US sanctions on Sinochip have also tied us to the war chariot, making it impossible for us to sell our products. This is a lose-lose situation.”
“The US crackdown has prompted the world to reflect on the risks of over-reliance on US technology, and this will accelerate other countries’ pursuit of technological independence.”
“The pressure from UAS will only make Chen’s company accelerate its independent research and development. Instead of changing their mobile phones, I think they should change their leader.”
Even Musk secretly liked Chen Pingjiang’s tweet.
If Chen Pingjiang simply knelt down when facing sanctions, he would be looked down upon.
But now, people are giving more support.
“It is obvious that this is a very wrong decision. I feel sad about the result. Free trade has been the biggest driving force for the world’s economic prosperity in the past few decades, but now it has been destroyed. But in any case, I believe that my brother Chen Pingjiang will not be defeated because his industry is too diversified and he can survive on the domestic market of China alone.”
Ma did say something fair after all, no matter if he really hated this method or he still wanted Tesla to sell well in China.
Ultimately, curbing free trade also poses risks to Tesla.
……
……
Located in Dongjiang’s office.
Li Xi and Zhang Yiming visited together.
“Comparatively, we are less affected. WeChat itself is not used by many people in North America. It is generally used by international students and local Chinese.” Li Xi said: “Renren has sent a task force to cooperate with the pure version Orange OS for upgrading, and has begun to develop OOS versions of WeChat and Renren APP adaptation.” Chen Pingjiang nodded, “You are doing a good job. Although Renren is under little pressure, we still have to guard against huge fluctuations in stock prices. If we encounter difficulties, we will not hesitate to delist from the US stock market.”
Delisting requires a large amount of cash flow, which has never been a problem for the Shanhe Holdings Group.
Each company has a strong financial foundation, and at worst they can borrow money internally within the group through interest-free loans.
The higher-ups have specially approved a policy for him to get through the difficult times.
Under normal circumstances, interest-free loans also need to be taxed.
The free lending of funds between units is regarded as the sale of services and is subject to value-added tax.
In addition, there are also corporate income tax issues caused by different regional tax burdens, which have all been exempted this time.
This is almost equivalent to providing Orange Technology and Huaxin International with a steady supply of bullets.
Zhang Yiming said: “The biggest problem for us is still TikTok, but overall we are in a situation where we can deal with it as it comes, and we will go through legal procedures.”
The existence of Tiktok Global effectively controls risks in North America, and other countries are not affected, or the impact is very small.
Moreover, Tiktok Global has already been looking for strategic partners in North America, all of which are large local conglomerates, including BlackRock.
It has a bit of the flavor of using barbarians to control barbarians.
Let them handle all the troublesome matters, since we all prosper together and suffer together.
These consortiums know what Chen Pingjiang is thinking, but there is nothing they can do. Tiktok Global is such a tempting piece of fat. If it is successfully listed, they will be able to make a fortune.
In fact, Chen Pingjiang does not retain many shares in Tiktok Global, but he mainly controls the operating rights and voting rights.
For him, Tiktok Global’s biggest role is like a nail.
It doesn’t matter whether you make money or not, as long as you can create a gap in publicity.
“It’s mainly the algorithm!” Chen Pingjiang thought for a moment and said, “This is our core advantage. We must ensure the security of the algorithm at all costs and prevent it from being stolen by outsiders. As long as we have a firm control over the algorithm, those financial groups will not dare to sell us out.”
Tiktok’s most powerful feature is its algorithm. Content creators can be recruited with money and the video library can be filled, but the algorithm is the cornerstone and the crystallization. It cannot be bought by thinking or spending money.
If the other party wants to use tough measures, Chen Pingjiang will not hesitate to extract the algorithm, leaving the other party with only an empty shell.
Zhang Yiming asked: “Mr. Chen, what do we need to do now?”
ByteDance’s small strategy must serve the big strategy of Sunward Holdings. Zhang Yiming is very clear about this and supports it.
Chen Pingjiang waved his hand: “At this critical moment, every company has its own responsibilities and mission. Now is just the beginning, and we don’t need your assistance. You just need to firmly occupy the commanding heights of public opinion in the areas you are in charge of. As long as you can prosper and develop, it will be the greatest support for our friendly forces.”
Industry specializing in surgery!
Strictly speaking, Orange Technology and Huaxin International belong to the real economy.
It is still difficult for pure Internet companies such as Renren and ByteDance to provide assistance.
But they can guide public opinion and give more support to other companies.
that’s enough.
Zhang Yiming nodded and said, “Then we will fully cooperate with Orange Technology to develop an adapted version of the OOS system.”
The full-blooded version of Orange OS is no longer a problem on the technical level before it can be fully launched. What remains is the adaptation of the APPs of various manufacturers.
Otherwise, the pure-blooded version is launched, but the user does not have any available APP on his mobile phone, which is the most embarrassing thing.
Chen Pingjiang: “The Orange Technology new product launch and developer alliance conference at the beginning of next year will be the highlight.” (End of this chapter)