Chapter 867
A fence-sitter's overseas investment institution: 5 million to make friends
Duan Yongping was unwilling to continue discussing the previous issue, even though it was supposed to be a private chat.
However, this topic is still too sensitive and carries a high risk.
He was just a pure businessman who didn't want to get involved in anything other than making money.
Moreover, this was only his first meeting with Wang Donglai.
He understood the principle of not speaking too intimately with someone you don't know well.
Therefore, in the ensuing conversation, Duan Yongping took the initiative to change the topic, focusing mainly on technological development trends and the global economic landscape.
Duan Yongping, as expected of a successful figure, often stays overseas, so he is exposed to the latest news. When they talked, Wang Donglai gained a lot of insights.
Compared to Duan Yongping, Wang Donglai appeared very calm. He didn't say much, but he always hit the nail on the head.
After chatting for about ten minutes, Duan Yongping finally got to the point.
"Mr. Wang, this time, with our 'Go All In' IPO, we immediately broke through the $100 billion market capitalization mark. The international capital market's reaction exceeded expectations. Do you know why?"
Wang Dong glanced at Duan Yongping but didn't reply, because he knew Duan Yongping would reveal the answer himself, and that it was related to his purpose.
He was curious to see what Duan Yongping wanted to say when he came to see him this time.
"Besides the fact that your company is indeed developing well and has great business prospects, it's also because a few friends stepped in at a crucial moment."
Duan Yongping glanced at Wang Donglai, as if trying to see something on Wang Donglai's face.
However, he was disappointed; Wang Donglai remained completely calm.
"Blackstone, Vanguard and Tiger Global, three influential institutions in the international capital market, jointly invested more than 5 billion yuan to support the stock price at a critical moment."
Duan Yongping continued to observe Wang Donglai's expression and said, "This is their pledge of allegiance, and also a gesture of goodwill."
"They are very optimistic about Galaxy Technology's future and hope to have deeper cooperation."
"If it's convenient for you, I can arrange for you to meet."
The hustle and bustle of the banquet hall seemed to vanish suddenly at that moment.
Wang Donglai chuckled softly, showing no sign of surprise.
He looked up at Duan Yongping, but a cold glint flashed in his calm eyes.
"President Duan!"
His voice wasn't loud, but for some reason, it made Duan Yongping's heart tighten inexplicably.
"Pinyidao's stock price today is the result of four years of hard work by all its employees."
"It was achieved by helping 5,000 villages across the country sell their premium agricultural products; it was voted on by users with their real money."
He paused, his tone as calm as if stating a simple fact, and said, "Whether or not there is that fifty billion, today's outcome will not be fundamentally different."
"The stock price may break 100 billion a couple of days later, but what's meant to happen will happen eventually."
"When I say today that Pinduoduo's market value exceeds 100 billion US dollars, I am not exaggerating or deliberately seeking hype. I genuinely believe this and firmly believe that such an outcome will occur."
Upon hearing this, Duan Yongping's smile immediately froze.
"so!"
Wang Donglai straightened his clothes and said in a calm but domineering tone, "I don't owe anyone any favors."
"If they feel the investment is not worthwhile, they can sell their shares at any time. The shares of this company are traded on the open market, and buying and selling are free."
This was said politely, but the meaning couldn't be clearer—I don't even want your little bit of money.
Duan Yongping adjusted his glasses, trying to salvage the atmosphere, and said, "Donglai, international capital has its own way of doing things. Having more friends means having more options..."
"President Duan!"
Wang Donglai interrupted him and said, "Do you know why 'fight one-hit kill' is called 'fight one-hit kill'?"
To be honest, this name really is Wang Donglai making a joke.
Countless people have criticized this name and offered suggestions to Wang Donglai to change it.
Huang Zheng even brought out Pinduoduo from the original timeline, and this name was approved by most people within the company.
However, Wang Donglai still forcefully suppressed it.
Even with this strange and unconventional name, he believed he could still make it work.
Of course, he wouldn't say what he really thought out loud; instead, he gave it a different story.
Just like the name BYD, it was originally a name that was chosen casually and did not have any so-called meaning of 'build your dreams'.
However, when facing Duan Yongping at this moment, Wang Donglai gave his original reasoning.
"I think Mr. Duan must have heard Huang Zheng say that he wanted to name it Pinduoduo, but I rejected it."
"Logically speaking, Pinduoduo is more suitable for the tone of an e-commerce platform and is more easily accepted and recognized by consumers, but I still rejected this name."
"This is because I want to tell everyone that in this era, doing business sometimes requires the courage to 'take a gamble'."
"This strike targets outdated business models, unreasonable profit distribution, and... certain self-righteous rules of the game."
Duan Yongping's expression had turned rather unpleasant.
The reason he acted as an advocate was because there were vested interests involved.
Being rejected by Wang Donglai, especially in such a blatantly demeaning way, one can imagine how Duan Yongping felt.
They're both billionaires; he's already financially independent, so there's really no need for him to put up with this.
If you don't see eye to eye, even half a sentence is too much.
If it were anyone else, Duan Yongping would probably have just turned around and left.
However, Duan Yongping did not want to completely fall out with Wang Donglai.
After all, Galaxy Technology, which owns the Xuanwu battery and lithography factory, has considerable influence and control over both OLED and OG, as well as Duan Yongping's other industries.
If we really fall out with Wang Donglai and offend him, it will inevitably have some consequences.
"Mr. Wang, I've heard that your company is planning to relax restrictions on investment and shareholding. I wonder if I have that opportunity?"
Duan Yongping thought for a moment, then changed the subject again and asked.
"Mr. Duan, we certainly need partners, but our requirements for partners are a bit different. It's not just about having funds; we need like-minded partners. Only those who genuinely believe in our cause can become our best partners."
"I believe that only by sharing the same ideals and aspirations can we accomplish great things."
"If Mr. Duan is really interested, he can communicate with us." Duan Yongping could tell that this was a polite way of declining him.
After feeling rebuffed, Duan Yongping knew that this meeting would end like this.
After being rejected by Wang Donglai repeatedly, Duan Yongping had little desire to continue communicating with him.
Similarly, Wang Donglai is the same.
So, the two chatted for a couple more minutes before parting ways.
……
As a celebration of the listing of Pinduoduo, many big names attended the event.
If it were just a matter of going public with a single gamble, so many big names wouldn't have come to participate.
The reason for this is naturally Wang Donglai.
To be precise, it was a collaboration that Wang Donglai had proposed earlier.
As long as you are willing to comply with the requirements put forward by Galaxy Technology, that is, Wang Donglai, you can invest money in Galaxy Technology.
If this were done by another company, it would just be a joke.
On what grounds?!
We're all bosses, we're all rich, why should we listen to the rules set by Wang Donglai?
Even Jack Ma of Taotian Group doesn't have that kind of prestige and ability.
But Wang Donglai had it!
The reason is not the companies like PinYiDao founded by Wang Donglai, but the terrifying scientific research capabilities that Wang Donglai has demonstrated.
This is the most deadly thing.
In the semiconductor field, Wang Donglai, without a word, created photoresist, which not only caused photoresist companies in Japan to lose 30% of their revenue.
Photolithography factories, for example, have had a tremendous impact on the global semiconductor market.
The same applies to other technologies; the technologies that Wang Donglai presented have directly and indirectly impacted many fields.
The Fourth Technological Revolution!
The words Wang Donglai uttered at the press conference have gained increasing acceptance over time.
Every change in history does not happen in the blink of an eye.
But if you can't keep up with the times, you'll fall behind in an instant.
That is why everyone values Galaxy Technology so much.
A small reception room was filled with people.
As I said before, there are quite a few people who want to get rich by relying on Galaxy Technology.
Although they may not fully agree with Wang Donglai's ideas and concepts from the bottom of their hearts, they are willing to meet these requirements as long as they can make money.
Wang Dong looked around at everyone with a smile on his face.
"Thank you all very much for your support. The listing of PinYiDao is just the first step."
"In the future, I will successively promote the listing of companies such as Douyin, Neihan, Toutiao, and Galaxy Entertainment."
"At the same time, the shares of these companies will also be open to partners. Our aim is to invite more like-minded partners to work together to create better results and bring more and better products."
"However, before we get to the specifics of the collaboration, I would like to discuss a more fundamental and pressing issue with you all."
"So, as our country moves towards high-quality development today, what kind of business future should we, as entrepreneurs who hold resources and shoulder expectations, create?"
"Galaxy Technology's rise to its current market value of trillions is inseparable from the opportunities of the times, the support of society, and even more so from the wisdom and hard work of every Galaxy employee."
"The chips we develop may be sophisticated, and the algorithms we build may be powerful, but I know that the foundation of all this glory is people."
"They are the engineers who work tirelessly in the lab, the meticulous technicians on the production line, and every ordinary employee who creates extraordinary value in their ordinary positions."
"Therefore, today, I would like to first announce a new principle of Galaxy Technology, which is also the 'must-answer question' and 'entry ticket' for us to select all strategic partners and investment targets in the future!"
"Any company that wishes to engage in deep capital or business cooperation with Galaxy Technology must place the well-being of its employees at the core."
"We must recognize that: there has been a substantial increase in basic wages, a sound and humane welfare system, and that legal, compliant, and ample rest time is guaranteed."
"This is not just about obeying the law; it is a responsibility and commitment that transcends the law."
"I will establish an independent sustainability assessment committee to conduct unannounced on-site investigations and employee interviews with our partners."
"What I'm investing in is not just your production capacity and technology, but also your ability to work with us to build a business ecosystem that gives workers dignity, hope, and a future."
"I hope that through Galaxy's industrial chain, this respect for 'people' can be conveyed and become a force to raise the level of civilization in the entire industry."
"Some people might ask me, wouldn't doing this increase costs and weaken competitiveness?"
"My answer is that a cost advantage maintained by mortgaging the health and future of employees is false and unsustainable."
"True competitiveness comes from the creativity, loyalty, and genuine dedication of our employees."
"This is Galaxy Technology's deepest moat, and we hope it can become a new moat for all the companies present here."
"I think everyone knows my talent in scientific research and I have achieved some results. These achievements are inseparable from the hard work and dedication of the employees of Galaxy Technology."
"What I'm doing, Apple is doing, and foreign companies are doing too."
"Making money will not be our primary or sole goal. While making money, we place greater emphasis on the other benefits that business development brings."
After Wang Dong finished speaking, he glanced around.
It wasn't that he talked too much; rather, he needed to constantly emphasize and make everyone understand his unwavering will.
At this stage, if you waver and choose to withdraw, it's actually a good thing to avoid future disputes.
After waiting for a while and seeing no one refute him, Wang Donglai nodded inwardly.
“We live in a great era that advocates common prosperity and high-quality development. As entrepreneurs of this era, our mission is not only to create profits, but also to create value, cultivate talent, and improve well-being.”
"Galaxy Technology is willing to take the lead in setting higher standards for cooperation and dedicating itself to more fundamental causes."
"I believe that business success and social progress can resonate in sync; I believe that if you treat your employees well, your company will be better; I believe that only by being rooted in the most common social needs can a business have the most resilient vitality."
"Of course, all of this is based on technological development. Through technological innovation, we can improve social productivity, change social production relations, and build a better society that is both technologically advanced and humane, creating wealth and sharing well-being."
When he said these words, Wang Donglai looked extremely serious and earnest.
Everyone could see this from Wang Donglai's face; they knew he was serious, not just saying it for show, but genuinely believed it and intended to do it. (End of Chapter)