Chapter 961
I will step in at the crucial moment!
After Jack Ma left, the reception room fell silent again.
Wang Donglai remained seated, the Longjing tea in front of him long since cooled, a thin film of tea coating the surface, gleaming faintly with a golden light under the lamp.
He picked up the teacup, glanced at it, and then put it back.
Nuwa's voice came from the surround sound system, her tone still steady.
“Boss, Jack Ma has left the park. Based on his physiological data and behavioral patterns when he left, his current emotional state shows a much higher proportion of frustration and anxiety than anger. He doesn’t seem to be here to negotiate; he seems more like he’s here to confirm a fact that he already knows the answer to.”
"He definitely didn't come here to negotiate!"
Wang Donglai leaned back on the sofa, his gaze falling on the two teacups placed side by side on the coffee table.
One was empty; Jack Ma had drunk it all in one gulp.
The half-cold cup of tea was his own.
"He came looking for a reason to give up, and I gave him one, so he left with some dignity."
He stood up and walked to the floor-to-ceiling window.
Outside the window, the construction site of Tang Imperial City was still brightly lit, with the steel arm of the tower crane slowly turning in the night, and searchlights illuminating the construction site as if it were daytime.
Further away, the office buildings in the high-tech zone were dotted with lights, indicating that employees from various business lines under Galaxy Technology were still working overtime.
Further away, the outline of the Qinling Mountains was reduced to a deep silhouette in the night.
"Boss, based on my continuous tracking and analysis of Zhifubao's equity structure and business model, the leverage cycle model that Jack Ma just described is basically accurate. With a registered capital of 3 billion yuan, the lending scale is amplified to 360 billion yuan through 40 ABS cycles, and the leverage ratio far exceeds the regulatory red line of traditional commercial banks. He himself separates control and risk through multiple layers of limited partnerships and corporate shareholding. Although he controls more than 70% of the decision-making power, the actual amount of capital invested under his personal name is almost negligible."
“This structure is very sophisticated in terms of law, with every link undergoing compliance review by top law firms, but its vulnerability is also obvious: once the underlying assets default on a large scale, the entire cycle will collapse in a very short time, and the final losses will be transmitted along the ABS chain to the banking system and the holders of wealth management products.”
Wang Donglai didn't turn around, but simply gave a soft "hmm".
Wa's analysis was precise and ruthless, stripping away every layer of logic cleanly. But at this moment, he was not only thinking about the risks of Zhifubao itself, but he was more concerned about the deeper things reflected by these risks.
If a fintech company with a registered capital of 3 billion yuan leverages a lending scale of 360 billion yuan and successfully goes public, its wealth-creating myth will attract more capital to the same track like a magnet.
More platforms will follow suit, more leverage will be added, and more underlying assets will be packaged into sophisticated but fragile financial products and pushed to the market.
Ultimately, it is always the ordinary people who are completely unaware of financial risks who bear the brunt of the consequences.
"Wa, do you think those above won't notice the problems with this architecture?"
Wa remained silent for a moment. This was not a question that its computing speed could answer, but it had already learned to understand the meaning behind this silence.
"Judging from publicly available policy signals and regulatory developments, financial regulators are increasingly concerned about internet platforms operating credit businesses across provinces, multi-layered asset securitization, and the practice of using the 'technology company' identity to circumvent financial regulations. Several regulations issued in recent quarters have imposed stricter requirements on the proportion of joint loan contributions, restrictions on cross-provincial operations, and ABS filing and approval. Although Zhifubao was not directly named, every clause precisely targets its core business model. Following this trend, the possibility of regulatory intervention at a critical moment is very high."
"That's enough!"
Wang Donglai turned around, walked back to his desk, and sat down.
He tapped his fingers lightly on the table, making a crisp sound.
“I don’t need to stop this myself. The people above aren’t blind; they’ll see it sooner or later. But if, and I mean if, for some reason this bomb isn’t deflated in time, and it’s about to explode, then I will step in.”
His voice wasn't loud, but every word rang out like nails hammered into the quiet air.
"It's not to help Jack Ma, it's for ordinary people who bought financial products, for families who invested their savings into this cycle, and for those who don't yet know what they're protecting. But this is a last resort, and it's not time to use it yet."
Wa's indicator light flashed once, recording the instruction in the highest priority standby task list.
It didn't ask Wang Donglai "how you'll make your move," because it didn't need to.
Galaxy Technology possesses enough computing power and data to expose every risk in this chain to the light of day at any time.
Wang Donglai chose to wait, because he believed that the system itself had the ability to self-regulate, and also because he was unwilling to use technological means to replace what should be done by supervision.
Wang Donglai cleared his mind of the Zhifubao (a product name) and refocused his attention on the present.
"Let's put that aside for now and talk about the current progress of the Arrow Falling to the Moon."
Wa displayed the latest mission report from Galaxy Aerospace on the main screen.
"The Pioneer 2 rocket has completed its final assembly and is undergoing final pre-launch tests at the Jiuquan Satellite Launch Center. Yang Anchao's team has combined the two originally planned launch missions into one, not canceled one. Instead, they have integrated the payloads of the two rockets into a composite module through orbital docking, allowing the available space and functional modules of the Pioneer Base to be expanded to more than twice the original plan at once."
A 3D model of the base after its renovation pops up on the screen.
The horizontally positioned rocket body remains the core backbone of the base, but an extension module has been added to each end, docked from the orbit.
One section is dedicated to life support, with water circulation, oxygen regeneration, and food storage, all with redundant design.
Another section is dedicated to scientific experiments, equipped with a small materials laboratory, a biological incubator, and an independently powered environmental control system.
The rocket's own storage tanks were redesigned, the public activity area was expanded, and a floor made of lunar soil bricks was laid.
The control room was moved from the instrument compartment to the middle section of the rocket body, and the original instrument compartment was converted into a miniature medical room.
The base's internal usable volume has more than doubled compared to the original design, and the standard of accommodating six astronauts has been transformed from theory into an feasible engineering plan.
"Yang Anchao attached a note to the briefing." Wa's voice suddenly softened, adopting a pace it only used when conveying important information.
"He said the plan was opposed by the majority of people at the project review meeting. The review experts were very opposed. The plan involved launching two rockets at the same time, docking them in orbit, integrating the modules, and then carrying out base modifications after landing. The chain was too long and there were too many risk points. If any link went wrong, the whole rocket landing plan would be back to square one."
Wang Donglai's lips curled up slightly.
Because he knew that the opposing opinions of the review experts would not shake Yang Anchao's mind at all!
If we listened to the experts, rockets wouldn't have landed on the moon yet, let alone manned lunar landings or the establishment of a lunar base.
Now, the role of these experts has been greatly diminished at GalaxySpace.
Any expert whose claims have not been substantiated by real results is not worthy of the trust of GalaxySpace, or even the entire GalaxyTech company.
"Tell him that I still support his idea! I've reviewed all the risk points. The guidance algorithm for orbital docking will undergo two more rounds of simulation on the Tiangong platform, and the timing control for module integration will be at the millisecond level. We have all these technologies in reserve; we're not starting from scratch. The review experts' concerns are valid, but we can't treat their words as gospel. We must always remember that in matters of space exploration, we have the strongest voice! Also, inform Yang Anchao that the lunar landing quota can be finalized. After success, I will celebrate with them!"
Nuwa entered the instructions into the system one by one, and then retrieved the plan that Wang Donglai had specifically instructed her on: space breeding.
This plan is archived in the joint project database of GalaxyBio and GalaxySpace, codenamed "Shennong," with a confidentiality level equivalent to that of a rocket landing on the moon.
"The extended module of the Pioneer Base has a small plant cultivation system specifically reserved, including a controllable spectral lamp assembly, a nutrient solution circulation device, and an independent gas exchange monitoring module. The initial design goal of this system was to provide fresh fruits and vegetables for long-term astronauts, but last month you approved a supplementary plan that required the addition of a set of full-cycle growth experiments of legumes to the system."
"It's not an increase!"
Wang Donglai picked up the stylus, swiped it across the screen a few times, and brought up the detailed parameters of the plan.
"Legumented crops were prioritized in the first batch of experiments. Soybeans, mung beans, and alfalfa—one for oil, one for grain, and one for feed. The experimental environment at the Pioneer Base has advantages that cannot be replicated on Earth: low gravity, high radiation, and a closed ecological cycle. The same seeds, grown on the moon for a season, will undergo changes in gene expression that no laboratory on Earth can simulate."
He put down his pen, leaned back in his chair, and his voice carried a longing that was rarely seen in him.
"We've been working on agricultural technology in China for so many years, and the yield per mu has been increasing, but the pace is getting slower and slower. We've used all the available methods—fertilizers, pesticides, irrigation, genetic modification—and the biological limits of crops are approaching. To break through these limits, we need new environmental pressures. The low gravity and high radiation of the moon are that new key. A soybean plant that yields hundreds of kilograms per mu on Earth might not even survive its first generation on the moon."
"But it is precisely because it struggles to survive that its genes are forced to activate expression pathways that have never been activated on Earth. Astronauts bring the seeds back, and we conduct whole-genome sequencing in our laboratory in Tangdu to identify the gene fragments that were activated in the lunar environment. Then, we use gene editing technology to precisely replicate them. If this path is successful, China's soybean production could potentially double in the future. What does doubling mean? China imports nearly 100 million tons of soybeans every year. Doubling it would mean that we have gone from being the largest soybean importer to a self-sufficient country."
"Not to mention that soybeans can be pressed for oil, we can produce more high-quality edible oil, create a Monsanto in China, and even surpass it."
Nuwa's voice remained calm as she said, "I firmly believe this!"
……
Unbeknownst to anyone, a joint operation codenamed "Qingyuan" was launched in northern Shan State.
All known fraud-related industrial parks were precisely eliminated.
The main leaders have either been captured or placed under precise surveillance.
The joint operation was led by the Six Doors, with the Border Guard and the National Criminal Police Center cooperating. With the tacit approval of the Shan side, all raids were completed within the designated time window.
The thousands of "detained" citizens rescued during the operation were safely brought back in batches through border crossings.
In this process, "Wa" provided comprehensive real-time monitoring and data support: the location of every camera in the park, the activity frequency of every communication device, and the shift change time of every hidden sentry were all converted into precise intelligence and pushed to the electronic sand table of the joint command center.
The powerful capabilities of artificial intelligence are on full display at this moment.
The results achieved were even more astonishing!
The ringleader, Bai, was intercepted by the border special forces while on the run, and the ledgers and encrypted communication equipment hidden in the underground room were all seized.
Another ringleader, Liu, was locked onto by a drone while attempting to escape via a mountain road. The pursuing team found dozens of passports with different names and a large amount of undestroyed electronic evidence among his belongings.
As the news gradually spread throughout China, it naturally attracted strong attention from netizens.
The comment section on Douyin (TikTok) was the first to explode.
A user with the ID "The Person Who Waited Three Years" left a comment under a news video about Operation Tsingyuan: "I received a call from Uncle Hat today, saying that my brother has been found in Shan State. It's been three years, I thought he was long dead, thank you!"
This comment went viral overnight, garnering over a million likes, and the replies were filled with similar stories.
Some people posted photos of family members they had lost contact with for many years, some wrote long articles of several hundred words late at night recounting their experience of being scammed out of their savings, and some said nothing but left a long string of crying emojis.
More details were pieced together by netizens.
A blogger living on the border in Ruili, Yunnan Province, posted a video showing the lights of a dense convoy of cars on the border highway late at night. The caption was just one sentence: "There are more convoys on the border these days than in the entire past year. Every time a car drives over from the other side, it means that someone is going home."
The video was shared millions of times within hours, and the comment section was flooded with relatives of the victims. Some people looked at the screen again and again to see if their long-lost relatives were in the convoy.
Meanwhile, all the overseas accounts that used to flaunt their wealth on Douyin were deleted overnight.
The early winter twilight of Tangdu descended heavily.
After reading the complete battle report of Operation Qingyuan in his office, Wang Donglai closed the document, stood up, and walked to the window.
The tower crane outside the window was still turning, and the Qinling Mountains in the distance disappeared into the gray-blue twilight.
He recalled Lin Xiaoyu's words, "The suffering I have endured can become a light to illuminate others."
That beam of light shone on many people returning home tonight! (End of Chapter)