If he could become a major shareholder of SMIC, or even control SMIC, that would naturally be best.
After all, current SMIC has a market value of only around 10 billion.
It is still at a low point, and its future is promising.
But unfortunately, the internal struggle for equity within SMIC is exceptionally fierce, with many questionable maneuvers! It is really too difficult for Wang Yi to gain control.
However, Wang Yi also has his own advantages; in addition to capital, there are orders!
A large order for 65nm smart chips! And the CDMA authorization in hand is also the foundation for SMIC to develop telecommunications chips!
SMIC previously introduced Datang's investment, not only because of a lack of funds but also because it aimed for Datang's TD-CDMA to develop mobile 3G chips.
However, the future of TD-CDMA mobile 3G was not optimistic, and it quickly fizzled out.
The CDMA authorization in Wang Yi's hands, however, is an essential basic patent for current and future telecommunications chips, much more important than Datang's TD-CDMA! These are all Wang Yi's capital for investing in SMIC, joining, or even controlling SMIC's board of directors!
Of course, if progress is not smooth, he can only acquire a wafer fab, or even build his own.
But unfortunately, this is too much of a money pit, making it difficult in the short term.
Currently, building an 8-inch wafer fab requires a minimum of 7 billion RMB.
Building a 12-inch wafer fab requires a minimum of 20 billion!
These were prices before 2011; a few years later, 12-inch wafer fabs would rise to over 40 billion! Wafer fabs are simply that much of a money pit.
As for those who acquired a semiconductor company for a few billion, that's because the company only designed chips and did not have a wafer fab, thus unable to mass-produce chips.
Such chip design companies, with few fixed assets, are not valuable.
After all, the value of an 8-inch wafer fab is already 7 billion+.
To acquire it at a low price, unless it's through a stock swap.
For example, when SMIC acquired Motorola's 8-inch wafer fab, it couldn't afford it either; it was acquired at a low price by swapping SMIC shares.
There's no way around it; wafer fabs are too much of a money pit.
Wang Yi also knew that SMIC was internally chaotic, even full of deadweight, and wanted to directly acquire a wafer fab, but was too poor to come up with 20 billion! A 12-inch wafer fab starts at 20 billion, making it unaffordable.
As for an 8-inch wafer fab, it would also cost 7 billion, which is unrealistic in the short term.
A 6-inch wafer fab is cheaper; a few billion would suffice, but it's meaningless.
6-inch wafer fabs are too outdated; even mass production of 90nm chips is difficult.
8-inch wafer fabs are also outdated, capable of producing at most 90nm chips, and entirely unable to make the 65nm chips Wang Yi needs.
Don't even think about it.
To put it plainly, for Wang Yi to produce 65nm, 45nm, and 28nm processes, it must be a 12-inch wafer fab!
Currently, most available wafer fabs for acquisition are 6-inch or 8-inch.
Acquiring such outdated wafer fabs is useless; not only does it cost a lot, but the equipment is also too obsolete!
After Wang Yi acquires it, he would still have to spend a lot of money to upgrade all the equipment, converting an 8-inch wafer fab into a 12-inch wafer fab...
Then invest huge sums in R&D to upgrade the process technology to 90nm, 65nm, 55nm, 45nm... it would be a thankless effort, and it would be better to directly acquire a 12-inch wafer fab.
However, 12-inch wafer fabs are rare and represent the most advanced level; they are treasured by major semiconductor giants and are almost never for sale.
Even SMIC's 12-inch wafer fabs were built by acquiring land and investing themselves!
Given this, Wang Yi's only option right now is to first invest in SMIC! Later, after making money, he can consider investing 20 billion to build or acquire a 12-inch wafer fab.
Subsequently, Wang Yi opened his laptop and checked SMIC's market value.
11.2 billion Hong Kong dollars, which is about 10 billion RMB.
This market value is very low, extremely low, not even as expensive as a 12-inch wafer fab.
The reason is simple: what's truly expensive about a wafer fab is not the factory buildings and land!
It's the advanced equipment and production lines inside!
Currently, SMIC only has a few outdated 8-inch wafer fabs, with processes ranging from 130nm to 300nm.
Most of the equipment was second-hand equipment acquired by Elder Zhang back then; the processes are outdated, soon to be phased out, and not valuable.
To put it plainly, the few wafer fabs under SMIC's name are only propped up by their buildings and land, with little value.
And the newly invested 12-inch wafer fabs are still under construction, all bottomless pits, also worthless...
12-inch wafer fabs like Hanxin are also only managed by SMIC, not owned by SMIC itself.
Furthermore, SMIC is heavily in debt, and its process technology is stuck at 65nm.
While TSMC, Samsung, and Intel have already reached 45nm, 40nm, and even 28nm, SMIC is lagging behind by a full three generations, so its valuation is naturally very low.
Wang Yi, with 2 billion, cannot afford a new 8-inch wafer fab, but he can buy a significant stake in SMIC.
In May this year, CIC invested 250 million USD in SMIC, acquiring 360,589,053 shares at HK$5.39 per share, accounting for 11.6% and becoming the second-largest shareholder.
The largest shareholder, Datang, holds 19.08%.
TSMC's 10% stake was diluted to 6.543%, making it the third-largest shareholder.
Currently, SMIC's share price is only HK$4.3, and its market value has also fallen somewhat.
Wang Yi investing 2 billion to become the second-largest shareholder is not a problem.
But there's no hurry with this.
Firstly, SMIC's current business processes are still primarily for 130nm and above, with 90nm being rare, and 65nm production negligible, with low yields.
Even if Wang Yi invests in SMIC, there might not be sufficient 65nm capacity.
After all, SMIC's 12-inch factories are still under construction, and capacity is limited.
Secondly, SMIC is currently in disarray, its financial reports are ugly, and its stock price is expected to plummet further.
Wang Yi remembers that by June next year, SMIC's stock price will fall to around HK$2.5.
Its market value will also plummet from the current HK$11.2 billion to HK$7.5-8 billion.
That will be a good opportunity to buy SMIC shares at their bottom!
To avoid affecting his plan to buy SMIC shares at the bottom, Wang Yi decided that the initial chip orders for Xingyi Smart Home would still go to TSMC or Samsung.
He will give orders to SMIC only after he has bought SMIC shares at the bottom and become a major shareholder!
Currently, 95% of SMIC's revenue comes from processes 90nm and above, with very little 65nm production.
If Wang Yi gives orders to SMIC now, SMIC's insufficient 65nm capacity would not be able to handle them.
By June next year, when Wang Yi buys SMIC shares at the bottom and becomes a major shareholder, and SMIC's 65nm capacity significantly increases, then he can give them large orders.
Of course, the most reliable option is to build his own chip factory, but this requires a gradual approach, as he cannot come up with 20 billion in a short time.
Wang Yi made up his mind: next year's smart home chips would first be outsourced for manufacturing to achieve profitability and support high-end chip R&D.
He would buy SMIC shares at the bottom mid-year; if things go smoothly, he would hold onto them, gradually gain control of SMIC, and then bring in Elder Liang!
If it's not smooth, then he would wait until the price is high to reduce holdings, cash out, and make a profit first.
At the same time, he would start planning his own 12-inch wafer fab; this is the fundamental solution!
But this needs to be done step by step; he can acquire land and build the factory first!
Wafer fab locations typically have policy support, with land essentially given away for free.
Initial construction of factory facilities wouldn't cost much, at most a few billion.
The most money-consuming part is later acquiring advanced equipment and production lines.
However, if construction starts this year, by the time the wafer fab is built, it will be 2013, and by then, Wang Yi will be far from what he is now, fully capable of spending 20 billion on advanced equipment!
With Xingyi Technology and Meiyou, earning 20 billion in just over a year will not be a problem.
By then, Xingyi Semiconductor would have its own 12-inch wafer fab.
Wang Yi suddenly saw the light, finding a dual-pronged development strategy.
As for the professional talent needed for the wafer fab, he still needs to poach them.
It would be much easier if Elder Liang could be poached.
But the fear is that at the beginning, with fewer production lines, he won't be able to attract a big shot like Elder Liang!
However, it's not a big problem; the first 65nm production line doesn't have high technical requirements, and poaching other top talents can solve it.
But for subsequent 28nm, 20nm, 14nm...
Elder Liang would be indispensable.
Wang Yi had made up his mind; this plan was completely feasible.
So the next priority is to find Director Qin, request land, and build the factory!
Building a 12-inch wafer fab takes two years abroad, and over a year even for China's infrastructure maniacs.
Naturally, the sooner he acts, the better.
It's better to act than to just think about it! Wang Yi called Wu Shuang and headed straight to the management committee again.
"Director, Chairman Wang is here again!"
Director Qin, who was playing with a Xingyi phone, was stunned:
"Which Chairman Wang? Xingyi Technology?"
"Yes!"
"Didn't he just leave? Why is he back again? Has this kid gone back on his word?"
Director Qin frowned slightly, then smiled:
"Please let him in."
"Yes!"
Wang Yi walked in, looked at Director Qin playing on his phone, and chuckled,
"Director, having fun?"
"Don't talk nonsense, I'm researching, researching your phones,"
Director Qin said seriously.
"Yes, yes, you're researching!"
Wang Yi chuckled.
Researching "Defend the Pomelo" for so long, and the plagiarism beast still hasn't been defeated, truly embarrassing...
"Chairman Wang came back, regretting it?"
Director Qin teased,
"But we've signed a contract in black and white; your regret is useless. 15 billion in revenue, cannot be changed, cannot be withdrawn!"
Wang Yi waved his hand:
"No, no regrets. I'm here for a new wager, to raise the stakes!"
"Raise the stakes? A new wager?"
Is this guy addicted?
Director Qin was a bit surprised, then smiled even more brightly.
The management committee isn't afraid of Wang Yi's great ambition, only afraid of him laying flat!
"Come, tell me, what's the wager?"
"It's like this, Director Qin, since we're preparing to develop chips, we naturally want to go a step further and directly invest in building a new wafer fab, thus achieving independent R&D, independent production, and independent sales, forming a perfect closed loop!"
"Invest in building a wafer fab?"
Director Qin's mouth twitched:
"Isn't your ambition a bit too grand?"
"I'm still young, and I don't want to just settle. More importantly, TSMC, Samsung, and Intel are already test-producing 28nm processes. Meanwhile, our domestic wafer fabs, the most advanced SMIC, are still stuck at 65nm. We are too far behind."
Wang Yi sighed:
"Therefore, even if our Xingyi Semiconductor develops 28nm chips, we won't be able to mass-produce them. We'd have to find companies like TSMC, which could easily leak our trade secrets or even lead to us being constrained. You understand, Director."
Director Qin became serious and nodded:
"You make a good point. Domestic wafer fabs are indeed too backward. Top semiconductor giants have reached 28nm, while we are three or four generations behind. I fully support your intention to build a wafer fab. But I don't know your specific plan?"
Wang Yi elaborated:
"I plan to first acquire land, start construction, and build the factory. By the time it's built, it will be next year or the year after. Simultaneously, I'll poach talent, develop processes, and decide on equipment. Once the factory is completed, equipment will go directly into the plant, first for trial production of 65nm chips, then gradually upgrading to the 28nm process."
"This approach is good. 65nm is a safer bet and a first-class process. Breaking through to 28nm after that would be even better,"
Director Qin agreed heartily.
Wang Yi continued:
"As for poaching talent, it will be from Texas Instruments and Taiwan. I have connections for both."
"..."
"Ahem."
Director Qin lightly coughed, implying that this matter shouldn't be stated so bluntly:
"As for the wafer fab, how large do you plan to build it? 65nm requires 12-inch, right?"
"That's right, 12-inch."
"A 12-inch wafer fab requires a total investment of at least 20 billion. Have you thought this through?"
Director Qin said meaningfully.
Wang Yi took a deep breath:
"I've thought it through. It will take over a year to build the wafer fab. During this time, I am willing to invest all the funds earned by Meiyou Technology and Xingyi Technology into this wafer fab. If it's still not enough, I'll take out loans!"
Looking at Wang Yi's serious expression, Director Qin nodded in satisfaction:
"Alright, you're truly committed. On behalf of the management committee, I express our full support for you. As for how to support, that will be decided after further research!"
"Okay, Director, I'll await your good news,"
Wang Yi smiled slightly.
Director Qin suddenly changed the topic:
"Or, do you have any proposals? You can tell us; we will consider them carefully."
"Is this something I can suggest?"
Such decisions are usually proposed by the officials; Wang Yi wouldn't just make them up.
Director Qin waved his hand:
"Just say it, no harm done."
"Okay, then I'll just say it casually, and you can listen casually!"
"Alright, you just say it casually,"
Director Qin chuckled.
Wang Yi thought for a moment:
"Actually, we could refer to the model of a mobile phone factory. The Capital would provide me with a plot of land and build a 12-inch wafer fab for me, which would cost about 3 billion. Within two years of receiving the wafer fab, I would need to invest 17 billion to introduce equipment and production lines to achieve 65nm mass production."
"If you achieve these, the land and the 3 billion investment in the wafer fab will be given to you for free. If you cannot, the land + wafer fab will be valued at 5 billion, and you will pay for it all!"
Director Qin said.
"Yes, exactly."
Director Qin thought about it. In this wager agreement, the Capital would invest 3 billion + land, with a total investment of 5 billion.
Wang Yi's investment would be immense; even if he only invests in half the production lines, it would still amount to tens of billions.
If Wang Yi truly achieves 65nm mass production, it would naturally be good, a win-win situation, and China would have another high-end semiconductor giant with boundless prospects.
After all, SMIC's most advanced process currently is only 65nm.
The Capital giving away 5 billion for free is worth it.
This kind of semiconductor industry is a strategic industry, and the government will vigorously support it.
Moreover, a 12-inch factory has an annual revenue of several billion, and just from taxes, it would break even in a few years.
If Wang Yi fails, paying 5 billion to buy the land and factory, the Capital would suffer no loss and still gain a 12-inch factory.
Either way, it's a sure profit. Considering this, Director Qin said:
"This proposal is feasible in principle. As for the specifics, I will report it, and you await the news!"
"Great!"
Wang Yi was in high spirits and left the management committee happily.
In his previous life, Huawei was forced to build its own factories and produce its own chips.
This time, Wang Yi also had no choice but to do the same.
Mainly, he couldn't rely on others.
Samsung is unreliable, no need to mention.
Intel, belonging to the empire.
Even TSMC uses the empire's technology and is controlled by the empire.
SMIC is not up to par right now; its 28nm process won't be ready until four years later.
It's better to rely on himself and strive for improvement!
Once Director Qin has good news, Wang Yi can have Williams contact semiconductor elites from Texas Instruments to poach talent.
Texas Instruments also has its own wafer fabs, produces chips, and does not lack talent.
There's also Pang Liguo, who can poach talent from Taiwan.
However, the 12-inch wafer fab's delivery and mass production will be no earlier than 2013, so poaching talent can also be approached gradually.
After leaving the management committee, Wu Shuang asked,
"Boss, do we go back to the company?"
Wang Yi waved his hand:
"No, to the phone factory."
"Okay."
Wu Shuang drove directly to the phone factory.
Wang Yi then called Jian Ziyan:
"Ziyan, the phone factory has been delivered. Have Zhu Changlin come over, and also arrange a team of administration, finance, and legal personnel to take full control of the factory! I'll send you the address."
"Understood, Boss!"
Now that the phone factory has been delivered, he naturally has to take full control, assigning his own people to completely manage the factory.
Twenty minutes later, Wang Yi arrived at the phone factory but was stopped by the guard:
"Hello, sir, may I ask what brings you here?"
"To take over the factory,"
Wang Yi said calmly.
"You... you... you are Chairman Wang!"
The guard was awestruck:
"My apologies, Chairman Wang, please come in, the deputy factory director will be right over!"
"Okay!"
Soon, a man walked in, followed by a woman:
"Hello, Boss, I am Li Wanwei, the deputy factory director of Tianhong Phone Factory! She is Cai Yanshan, the deputy financial director."
"Deputy factory director? Deputy financial director? Where are the full directors?"
"The full directors have been transferred, waiting for your arrangements,"
Li Wanwei chuckled.
Wang Yi understood; this was all arranged by Director Qin, who, fearing issues with the handover, simply removed the full directors!
It has to be said that Director Qin is very efficient in his work.
"Okay."
Wang Yi nodded.
Just then, Zhu Changlin and his team also arrived. Subsequently, the group followed Li Wanwei on a tour of the factory.
The factory is very large, with terrifying production capacity, all converted to smartphone production lines.
However, currently, they are producing a customized smartphone for China Mobile, which also serves to break in the production lines.
For each unit produced, Wang Yi would receive a manufacturing fee.
Li Wanwei introduced them one by one:
"Boss, whenever you need to produce Xingyi phones, just let me know, and I will immediately halt the mass production of China Mobile phones."
Wang Yi nodded:
"Okay."
Subsequently, the group arrived at the warehouse:
"Boss, this is the warehouse. A small portion is used to store components and new phones for China Mobile. The rest is empty, and you can arrange it as you wish. Once Xingyi phones begin production, China Mobile's components and new phones will all be handed over to China Mobile, freeing up the warehouse."
"Okay."
Wang Yi was quite satisfied with Li Wanwei's attitude and caution.
After the tour concluded, Wang Yi gathered all senior executives for a meeting:
"I am very satisfied with everyone's work and hope you will continue to strive for excellence. Now, I will announce a few things."
"First, Tianhong Factory will be renamed Xingyi Phone Factory." "Second, Zhu Changlin will serve as factory director, and Li Wanwei as deputy factory director."
"Third, Huyan Jing will serve as financial director, and Cai Yanshan as deputy director."
... Wang Yi announced each appointment, retaining the positions of the phone factory's original management, and placing the Xingyi Technology team in key roles.
"Alright, now you will proceed with the handover, and then work together. In early November, Xingyi phone components will continuously arrive, so both factory directors should make arrangements for warehousing."
"Yes!"
Wang Yi continued:
"The production of China Mobile phones can continue and does not need to stop for now. In two days, free up a production line for the trial production of Xingyi phone engineering models."
"Okay."
"Also, assess the number of workers. If full capacity requires more staff, you can report to HR for large-scale recruitment. After further testing of the engineering models, if there are no problems, mass production of Xingyi phones is expected to begin in mid-November."
After giving these instructions, leaving Xingyi Technology's personnel to conduct the handover with the factory, Wang Yi got into the car:
"Wu Shuang, to the high-speed rail station, back to Jizhou."
Meiyou Technology Park will break ground tomorrow, and Wang Yi still needs to go back to attend the groundbreaking ceremony!
On the way, Wang Yi closed his eyes to rest, and suddenly remembered about Bitcoin.
Now, in the rich young lady's internet cafe, the idle machines are all mining Bitcoin, and quite a lot has already been mined.
Current Bitcoin is becoming cheaper and cheaper, having dropped from $6 per coin in September to around $3.
Today's price is an unprecedented $2.5.
Compared to $30 per coin in June, over 90% of its value has evaporated.
However, this is not yet the bottom.
Wang Yi knew that it would continue to fall, and the bottom would not be reached until it drops to around $2 next month.
He could acquire some then.
Or directly build a mining farm to mine Bitcoin.
Currently, Bitcoin is still easy to mine, especially with the recent Bitcoin crash over the past few months.
Many people think Bitcoin is a scam and have completely given up, making Bitcoin easier and easier to mine.
One machine can mine thirty to forty coins a day, which is 1000 coins a month.
100 machines would yield 100,000 coins.
Instead of buying, it's better to directly build a mining farm and mine! After all, Bitcoin is a long-term investment; as long as it's easy to mine, one can keep mining it.
Of course, this kind of mining farm is not ideal domestically; it's safer to place it abroad.
Including Lin Shu's internet cafe, Wang Yi will have her completely shut it down before the official policy prohibits mining.
However, abroad, it wouldn't be a big problem.
For example, Japan, one of the countries with the largest Bitcoin trading volume in the world!
In Japan, mining is legal, and Bitcoin can be directly used for shopping, consumption, trading...
Since that's the case, why not establish a mining farm in Japan?
When Bitcoin becomes expensive, he could directly exchange it for US dollars or other currencies in Japan, or use it for Xingyi phones to purchase Sony lenses, Sharp screens...
That would be no problem at all.
However, after Wang Yi saw that Japan's electricity prices were several times higher than those domestically, he still gave up.
On the other hand, the Empire is very suitable.
Thinking of this, Wang Yi called Chen Chuanqing.
At this time, Chen Chuanqing was developing the market in the Empire:
"Old Chen, how are the negotiations for the agency in the Empire going?"
"Boss, it's going very smoothly. We've already secured agencies in five states, and others are progressing in an orderly fashion! Meiyou's 'pure desire' style and Zhenyou's silk dresses are very popular in the Empire; they love them!"
"That's good."
Wang Yi changed the subject:
"Old Chen, I need you to acquire a..."
Wang Yi explained everything one by one, assigning the task of establishing a mining farm to Chen Chuanqing.
"I'll email you the specific details later. You find me one, no, make it three mining farms, distributed across three states!"
A cunning rabbit has three burrows; in the Empire, it's better to directly build three mining farms so that even if one has problems, there are still two others.
Of course, Wang Yi would immediately transfer any mined Bitcoin to his own account.
"Understood, Boss."
Chen Chuanqing responded; although he didn't know why Wang Yi wanted this, he wouldn't ask further.
That afternoon, he began scouting for locations, then buying sites, building mining farms...
Wang Yi had made his plan: first, build three mining farms in the Empire, and later, one mining farm could also be arranged in places like Lanfen, Iceland, or Norway!
Electricity prices in these countries are not expensive, and the low temperatures are suitable for heat dissipation.
Acquiring too much Bitcoin at once can easily lead to problems.
But establishing mining farms and slowly mining, that's not a big issue.
In his previous life, many people and many companies were setting up mining farms to mine.
Wang Yi, on the other hand, took advantage of these few years when Bitcoin was easy to mine to mine a large quantity.
When Bitcoin becomes difficult to mine in a few years, he will stop; he would have mined enough in these years.
At seven in the evening, Wang Yi arrived at Meiyou Building.
Leaving Wu Shuang in the suite he previously stayed in, Wang Yi drove directly to Song Sining's home.
Having forgotten his key, Wang Yi knocked on the door.
"Who is it?"
Song Sining's voice came from inside.
"It's me."
The familiar voice sounded, and Song Sining's heart rate quickened a bit.
Then she opened the door, blushing, and pulled Wang Yi inside.
Wang Yi smiled as he wrapped his arms around Song Sining's slender waist; their eyes met, full of deep affection.
Immediately, sparks flew, and the two embraced and kissed passionately, slowly falling onto the sofa.
A short separation makes the heart grow fonder, like a new marriage.
They only separated when they were nearly breathless.
Looking at Song Sining, Wang Yi smiled faintly:
"Did you miss me?"
"Of course not!"
Song Sining said haughtily:
"You only know how to bully people!"
Seeming to recall something unpleasant, Song Sining's fair cheeks turned red again.
Wang Yi was speechless:
"How did I bully you?"
"Hmph! How dare you even ask! I'll bite you!"
Song Sining was furious and opened her mouth, but before she could react, Wang Yi kissed her again.
It wasn't until the smell of burning came that Song Sining pushed Wang Yi away, her expression changing drastically:
"Oh no, the food's burnt!"
With that, Song Sining strode quickly with her long legs and rushed over.
"Hahaha."
Wang Yi couldn't help but laugh, knowing tonight was destined to be a sleepless night.
But no rush, first eat.
Only after eating his fill can he fight well.
Knowing Wang Yi was coming, Song Sining had prepared many dishes.
Looking at Song Sining's back as she cooked, Wang Yi felt a warmth in his heart; perhaps this was the warmth of life, the deepest affection.
Wang Yi smiled faintly, opened Weibo, and saw a trending topic:
[Jizhou Evening News: Meiyou Technology's Secret to Success — Diversified Development Strategy.]
Interviewed this morning, and it was trending by the afternoon; one can only say the evening newspaper is efficient.
After all, Jizhou Evening News also has an official website and an official Weibo account! Wang Yi clicked on the news, which was Xiao Anqing's interview video with Song Sining.
Xiao Anqing asked:
"President Song, what is the secret to Meiyou's rapid growth and such great success?"
Song Sining replied without hesitation:
"A diversified development strategy. For example, other companies are like single-core processors, developing in only one area, progressing slowly. Meiyou, however, is like a multi-core processor.
We are involved in and developing everything from 'pure desire' style dresses, autumn wear, beauty products, film and television, games, mobile phones, novels, e-commerce, and even down jackets. The various industries complement each other, naturally greatly increasing efficiency..."
Wang Yi chuckled, speechless.
As he instructed, Song Sining had performed exceptionally well.
He wondered how many companies she would mislead into failure this time.
Those who merely imitate me are vulgar; those who try to learn from me will perish!
Wang Yi can achieve diversified development quickly and steadily.
But for other companies, it's hard to say; they might end up quickly going bankrupt...
This trending topic caused a sensation across the entire network, and many people saw it.
Especially domestic entrepreneurs.
Not only did Bosideng's senior management analyze it sentence by sentence, but even Ray Bus had a complex expression!
(End of Chapter)