Sprinkle coins every day
Chapter 529 Germination Invests in Beavers?Crazy 3 million coins!
Chapter 529 Germination Invests in Beavers?Crazy 3000 million coins!
The investigation of black ants can only be completed in three or two days.
But beavers are already on the move.
There are indications that Beaver is raising funds everywhere, including issuing corporate bonds and borrowing from banks, overseas and partners, in order to preserve the results of the acquisition of Pessimism.
And the time has quietly entered October.
.........
Tenda Building.
"Is there still no movement from Mengya?" In the office, the second master had an inexplicable expression.
"No." Lu Jian, who was sitting opposite, also looked melancholy, "Looking at the posture, Qinghe Group seems to have completely given up on the attempt to watch the pessimistic video. Recently, they haven't even contacted us."
The information about the black ants was only revealed by Tengda.
Originally, I thought about continuing to cooperate with the Qinghe Group and taking the opportunity to win the pessimistic video.
How can you think.
After the black ant incident, the entire germination department avoided it and didn't contact it at all.
This made Tengda very hurt.
"How about we leave Qinghe Group aside and initiate the acquisition of Pessimistic Video?" Lu Jian asked for instructions.
"Let's wait and see."
The second master was obviously more cautious, subconsciously, he wanted to follow Meng Ya.
"it is good."
Lu Jian was also thoughtful.
.........
Saturday, October 10.
At the end of the National Day holiday, Zhang Shuo returned to the company and began to sign and approve the appropriation application for the new quarter.
This includes a $240 billion base grant.
In addition to the routine basic appropriation, there is also a special appropriation of up to 830 billion in the third quarter for Xinghai Group's investment and acquisition of Vale.
In terms of income, in the third quarter of 16, Qinghe Group handed in a profit of 1032 billion, Maili Group handed in a profit of 1150 billion, Weizhong Group handed in a profit of 120 billion, and a total of 2302 billion in profit.
Due to the release of new products, the profit of Maili Group broke the record again, exceeding the scale of [-] billion for the first time.
It can surpass Qinghe Group.
Thanks to the continuous growth of games, advertising and other businesses, Qinghe Group also easily broke through [-] billion.
Very scary!
In terms of earning ability, Qinghe Group still has to surpass Maili Group.
--slightly--
[Level]: Level 12 (2.4 million/3 million)
[Cash]: 3260 billion
[Loan]: 245 billion (bank loan)
--slightly--
In the new quarter, the cash flow in the budding account surged by more than 1000 billion, and the total cash flow exceeded the 3000 billion mark, making it the king of cash flow.
"How should we spend so much money?" Zhang Shuo was worried.
Said to buy buy buy.
However, the overseas M&A of Germina has very limited targets. Just like this investment in Vale, it took more than half a year to reach an agreement.
Mergers and acquisitions in China are even more impossible.
One is to pay attention to the impact, and the other is that there are fewer targets with acquisition value.
Can the money not be spent?
As for what to say about investing funds in the field of research and development, it is unlikely to spend unlimited money.
Still have to go step by step.
In fact, the 16-year R&D expenditure of the entire Germination System is estimated to have exceeded [-] billion.
How else to spend money?
Of course, if you look at the world, Bud Holdings has just 3000 billion in cash reserves, which is actually not much. Giants like Pingguo and Weiruan have cash and its equivalents as high as [-] billion.
Still a knife.
Compared with these giants, Bud's cash reserves can only be said to be average.
Of course, most of the cash of these overseas giants is used to buy short-term or long-term securities and other wealth management products, which can be exchanged for cash at any time if necessary.
In addition to cash reserves, companies like Pingguo also deal with book earnings, including annual equity dividends, or large-scale infrastructure construction.
For the new headquarters in Pingguo alone, the estimated investment will exceed US$50 billion.
It is also extravagant to the limit.
Of course, Germination is actually doing similar things, such as the ongoing Wisdom Island project.
The total investment is expected to exceed 300 billion.
Especially after adjusting the design plan and planning to build a "Xingling" "home" under the Wisdom Island, the total investment budget is expected to add another 60 billion.
The total construction investment is actually not under the Pingguo headquarters.
.........
After signing and approving the appropriation application, in order to solve the problem of how to spend the money, Zhang Shuo specially called the group president Lu Kai, investment director Luo Changan, and financial director Cai Feijuan to the office together.
"In the long run, it is a safer way to use the cash in the group's account to purchase various bonds. According to different needs, the holding ratio of short-term bonds and long-term bonds can be adjusted."
Cai Feijuan, Chief Financial Officer, was the first to speak.
"There is just one problem. In China, long-term bonds with stable investment returns have always been in short supply, and may not be able to fully meet the needs of the group." Cai Feijuan added.
The simplest national debt is hard to find.
Zhang Shuo didn't know, and asked with a smile: "Didn't Beaver issue 300 billion corporate bonds recently? Can you find a way to subscribe for 200 billion?"
"Uh, let's buy the corporate bonds issued by Beaver?" Cai Feijuan was a little confused.
It's not just her, Lu Kai and others are also confused.
This operation is too outrageous.
"What, can't you?"
Zhang Shuo took it for granted, "Although it was issued by Beaver, once it enters the bond market, it is actually a public product, so it doesn't matter?"
"Row!!!"
What else could Cai Feijuan say, she nodded in response.
"Chairman, the group paid dividends once last year, will it still pay dividends this year?" Lu Kai proposed a "new" way of spending money.
"Minute!"
Zhang Shuo also simply said, "According to last year's standard, take out 1000 billion for equity dividends."
Today's Sprout Holdings, the shareholding structure is not as simple as it was in the past. There are more than [-] large and small shareholders alone, and the corresponding company rules and regulations are becoming more and more perfect.
There is no reason not to carry out equity dividends.
Moreover, whether it is the Spring Sprout Fund or the Employee Care Fund, they all operate on the basis of equity dividends every year, otherwise they need special allocations from the group.
"understand!"
Lu Kai wrote it down with a smile.
"When it comes to equity dividends, I think about the progress of the youth apartment project led by the Employee Care Fund." Zhang Shuo asked.
This is the plan he proposed last November.
"Is such that."
Lu Kai is not afraid at all. Although he is not in charge of this area, he understands the basic situation.
"In November last year, at your own proposal, the chairman, an employee care fund was established and 100 billion yuan was allocated to start the youth apartment project."
"The whole project is entrusted to Wangke."
"Up to now, four youth apartment projects in Yangcheng, Magic City, Jingshi and Shancheng have been launched one after another, and the projects are progressing smoothly."
"Quickly, like the Yangcheng youth apartment project, the main structure has been capped."
"Only started four projects, that's not fast enough!"
Zhang Shuo shook his head, "In this way, the group will once again allocate 500 billion to the employee care fund to accelerate the youth apartment project, and strive to start it in major cities next year."
Building a house is actually very expensive.
The 100 billion previously prepared is not even enough to complete the four ongoing projects, but because of the cooperation with Wangke, only the land transfer fee and the project advance payment have been paid.
The rest of the final payment will be paid in one lump sum after the completion of the project.
"it is good."
Germinal's account is currently full of funds, and Lu Kai has no objection.
In the long run, after these youth apartments are built, in addition to meeting the accommodation needs of Germination's internal employees, the rest can also be transformed into long-term rental apartments.
In fact, it can also be regarded as a long-term investment, a substitute for long-term marketable bonds.
Although the risk is a little higher.
But in the current situation, it is also a good choice with no choice.
"The equity dividend is 1000 billion, the youth apartment project is 500 billion, the bond purchase is about 500 billion, and there is another 800 billion in cash, and there is still a gap of 500 billion."
After Zhang Shuo made some calculations, he turned his head to look at Luo Changan, the investment director, and said with a smile, "How to spend the remaining 500 billion depends on you."
"Ting!!!"
Happiness came so suddenly that Luo Changan was a little dizzy.
With this amount of funds, the Germination Investment he presided over can really show its strengths.
"but…"
But Zhang Shuo changed the subject, "It's still the same principle as before. Germinal Investment only focuses on industries such as smartphones, semiconductors, new energy vehicles, and biopharmaceuticals, and it is to form synergies."
Simply put, you cannot invest for the sake of investing.
In addition to paying attention to the impact, once the model of casting a wide net is adopted, it is very likely that you will be taken advantage of.
Like Tengda in the original space-time, it has invested in more than a thousand companies, and it is actually a few Internet companies such as Jingdong, Meituan, and Kuaishou that have really achieved stable returns.
Cross-industry investments are rarely successful.
Zhang Shuo also didn't think that the investment department chaired by Luo Chang'an was much better than Tengda's investment department.
After all, what Germind Investment was looking at before was not the target, it was all selected by Zhang Shuo.
Once the scope of investment is expanded to the entire industry, even if Zhang Shuo is a reborn person, it is impossible to say that Zhang Shuo is limited to the vision and knowledge of the original time and space, and then guide the budding investment.
Tossing coins is to scatter coins, but it can't be done in vain.
"Ting!!!"
Luo Changan's smile also froze on his face instantly.
But he is capable after all.
After thinking for a while, Luo Changan suggested, "If this is the case, and at the same time pursue stability, then I suggest, Chairman, that you can consider setting up an infrastructure investment fund."
"Investment fund facilities?"
Zhang Shuo's eyes also brightened, "This is a good choice."
Because he often chats with his second uncle, Zhang Shuo is quite familiar with some official policy trends. Recently, the government has indeed encouraged private capital to enter some infrastructure investment fields in an orderly manner.
of course.
It mainly acts as a financial investor.
"Then it's decided. Germination Investment will set up an infrastructure investment fund, and the first phase of the fund will be set at 500 billion." Zhang Shuo also quickly made up his mind.
The 500 billion investment in infrastructure is not a big deal.
Not too conspicuous.
Of course, this is only the first phase of funding. If the benefits are not enough in the future, you can also consider setting up the second, third, or even fourth, fifth, and sixth phases of funds to continue working in this field.
after all.
With the two cash cows of Maili Group and Qinghe Group, Germina will not be short of money in the future.
.........
Germinal's internal work efficiency is extremely high.
The latest effort is the bond purchase plan arranged by Cai Feijuan, the chief financial officer. With 500 billion funds, it is almost a gesture of sweeping goods, and it has looted a wave of China's bond market.
Among them is the subscription of Beaver's 100 billion corporate bonds, which is also the largest investment.
It quickly became news.
"It's interesting. Beaver is busy borrowing money everywhere, but Germination is playing the role of a big local tycoon, sweeping up the bond market frantically, and even bought corporate bonds issued by Beaver."
"Looking at it this way, Germination is still very optimistic about the future of the beaver (dog head)"
"Don't over-interpret the above. With the budding profit level, the cash in the account is estimated to have peaked long ago. Investing in bonds is a normal operation."
"That's true. It's already unexpected that Germination can be delayed until now."
"Anyway, there is no doubt that it is Gou Dahu..."
"I'm curious, how does Beaver feel at this moment?"
"What else can I think? The 300 billion corporate bonds issued by Beaver have not been fully subscribed until now. Mengya has relieved Beaver. I should be grateful."
"That's the case in theory, but anyone who understands it..."
"Well, I'm still looking forward to it, the uncle's expression at this moment (dog head)"
“Upstairs is ruined!!!”
"Looking at this posture, the beaver may survive for a while after saving itself."
"A skinny camel is bigger than a horse, okay?"
"That is, although Beaver has been in trouble recently, at least for now, it is still the largest e-commerce platform in China, and it is making positive profits every year. How can it be so easy to fall down."
"What's more, this is not the official intention."
"That's right, hitting the board belongs to the board, and it's not a one-shot death, so don't over-interpret it."
"That's the reason!!!"
Among netizens, there are still many smart people.
.........
At the same time, Beaver headquarters.
Looking at the comments from netizens, one can imagine the mood of the uncle at this moment.
It's very aggrieved!
He wanted to scold Germination, but he didn't have the confidence.
As netizens said, Mengya's sweeping of the bond market this time is tantamount to helping Beaver in disguise.
How can you scold me?
It doesn't make sense at all!
"Hey, boss, this at least proves that Germination has no covetous heart for pessimism." Ren Xiaoyao is worthy of being Ren Xiaoyao, who can always look at things from a new perspective.
In terms of comforting people, it is far better than Tengda's Lu Jian.
"That's all I can do to comfort myself."
To be honest, before this, the uncle was really worried that Mengya would take the opportunity to stand up and pick peaches.
"Hmph, maybe it's a guilty conscience."
For Germination, the uncle still has prejudices in his heart. Until now, he still believes that the black ant incident was planned and promoted by Germination behind the scenes.
Even if Germinal didn't benefit from it.
"Zhang Shuo has done a lot of thankless things like this." The uncle said firmly.
"..."
Ren Xiaoyao could only smile wryly, prejudice is a big mountain.
(End of this chapter)
The investigation of black ants can only be completed in three or two days.
But beavers are already on the move.
There are indications that Beaver is raising funds everywhere, including issuing corporate bonds and borrowing from banks, overseas and partners, in order to preserve the results of the acquisition of Pessimism.
And the time has quietly entered October.
.........
Tenda Building.
"Is there still no movement from Mengya?" In the office, the second master had an inexplicable expression.
"No." Lu Jian, who was sitting opposite, also looked melancholy, "Looking at the posture, Qinghe Group seems to have completely given up on the attempt to watch the pessimistic video. Recently, they haven't even contacted us."
The information about the black ants was only revealed by Tengda.
Originally, I thought about continuing to cooperate with the Qinghe Group and taking the opportunity to win the pessimistic video.
How can you think.
After the black ant incident, the entire germination department avoided it and didn't contact it at all.
This made Tengda very hurt.
"How about we leave Qinghe Group aside and initiate the acquisition of Pessimistic Video?" Lu Jian asked for instructions.
"Let's wait and see."
The second master was obviously more cautious, subconsciously, he wanted to follow Meng Ya.
"it is good."
Lu Jian was also thoughtful.
.........
Saturday, October 10.
At the end of the National Day holiday, Zhang Shuo returned to the company and began to sign and approve the appropriation application for the new quarter.
This includes a $240 billion base grant.
In addition to the routine basic appropriation, there is also a special appropriation of up to 830 billion in the third quarter for Xinghai Group's investment and acquisition of Vale.
In terms of income, in the third quarter of 16, Qinghe Group handed in a profit of 1032 billion, Maili Group handed in a profit of 1150 billion, Weizhong Group handed in a profit of 120 billion, and a total of 2302 billion in profit.
Due to the release of new products, the profit of Maili Group broke the record again, exceeding the scale of [-] billion for the first time.
It can surpass Qinghe Group.
Thanks to the continuous growth of games, advertising and other businesses, Qinghe Group also easily broke through [-] billion.
Very scary!
In terms of earning ability, Qinghe Group still has to surpass Maili Group.
--slightly--
[Level]: Level 12 (2.4 million/3 million)
[Cash]: 3260 billion
[Loan]: 245 billion (bank loan)
--slightly--
In the new quarter, the cash flow in the budding account surged by more than 1000 billion, and the total cash flow exceeded the 3000 billion mark, making it the king of cash flow.
"How should we spend so much money?" Zhang Shuo was worried.
Said to buy buy buy.
However, the overseas M&A of Germina has very limited targets. Just like this investment in Vale, it took more than half a year to reach an agreement.
Mergers and acquisitions in China are even more impossible.
One is to pay attention to the impact, and the other is that there are fewer targets with acquisition value.
Can the money not be spent?
As for what to say about investing funds in the field of research and development, it is unlikely to spend unlimited money.
Still have to go step by step.
In fact, the 16-year R&D expenditure of the entire Germination System is estimated to have exceeded [-] billion.
How else to spend money?
Of course, if you look at the world, Bud Holdings has just 3000 billion in cash reserves, which is actually not much. Giants like Pingguo and Weiruan have cash and its equivalents as high as [-] billion.
Still a knife.
Compared with these giants, Bud's cash reserves can only be said to be average.
Of course, most of the cash of these overseas giants is used to buy short-term or long-term securities and other wealth management products, which can be exchanged for cash at any time if necessary.
In addition to cash reserves, companies like Pingguo also deal with book earnings, including annual equity dividends, or large-scale infrastructure construction.
For the new headquarters in Pingguo alone, the estimated investment will exceed US$50 billion.
It is also extravagant to the limit.
Of course, Germination is actually doing similar things, such as the ongoing Wisdom Island project.
The total investment is expected to exceed 300 billion.
Especially after adjusting the design plan and planning to build a "Xingling" "home" under the Wisdom Island, the total investment budget is expected to add another 60 billion.
The total construction investment is actually not under the Pingguo headquarters.
.........
After signing and approving the appropriation application, in order to solve the problem of how to spend the money, Zhang Shuo specially called the group president Lu Kai, investment director Luo Changan, and financial director Cai Feijuan to the office together.
"In the long run, it is a safer way to use the cash in the group's account to purchase various bonds. According to different needs, the holding ratio of short-term bonds and long-term bonds can be adjusted."
Cai Feijuan, Chief Financial Officer, was the first to speak.
"There is just one problem. In China, long-term bonds with stable investment returns have always been in short supply, and may not be able to fully meet the needs of the group." Cai Feijuan added.
The simplest national debt is hard to find.
Zhang Shuo didn't know, and asked with a smile: "Didn't Beaver issue 300 billion corporate bonds recently? Can you find a way to subscribe for 200 billion?"
"Uh, let's buy the corporate bonds issued by Beaver?" Cai Feijuan was a little confused.
It's not just her, Lu Kai and others are also confused.
This operation is too outrageous.
"What, can't you?"
Zhang Shuo took it for granted, "Although it was issued by Beaver, once it enters the bond market, it is actually a public product, so it doesn't matter?"
"Row!!!"
What else could Cai Feijuan say, she nodded in response.
"Chairman, the group paid dividends once last year, will it still pay dividends this year?" Lu Kai proposed a "new" way of spending money.
"Minute!"
Zhang Shuo also simply said, "According to last year's standard, take out 1000 billion for equity dividends."
Today's Sprout Holdings, the shareholding structure is not as simple as it was in the past. There are more than [-] large and small shareholders alone, and the corresponding company rules and regulations are becoming more and more perfect.
There is no reason not to carry out equity dividends.
Moreover, whether it is the Spring Sprout Fund or the Employee Care Fund, they all operate on the basis of equity dividends every year, otherwise they need special allocations from the group.
"understand!"
Lu Kai wrote it down with a smile.
"When it comes to equity dividends, I think about the progress of the youth apartment project led by the Employee Care Fund." Zhang Shuo asked.
This is the plan he proposed last November.
"Is such that."
Lu Kai is not afraid at all. Although he is not in charge of this area, he understands the basic situation.
"In November last year, at your own proposal, the chairman, an employee care fund was established and 100 billion yuan was allocated to start the youth apartment project."
"The whole project is entrusted to Wangke."
"Up to now, four youth apartment projects in Yangcheng, Magic City, Jingshi and Shancheng have been launched one after another, and the projects are progressing smoothly."
"Quickly, like the Yangcheng youth apartment project, the main structure has been capped."
"Only started four projects, that's not fast enough!"
Zhang Shuo shook his head, "In this way, the group will once again allocate 500 billion to the employee care fund to accelerate the youth apartment project, and strive to start it in major cities next year."
Building a house is actually very expensive.
The 100 billion previously prepared is not even enough to complete the four ongoing projects, but because of the cooperation with Wangke, only the land transfer fee and the project advance payment have been paid.
The rest of the final payment will be paid in one lump sum after the completion of the project.
"it is good."
Germinal's account is currently full of funds, and Lu Kai has no objection.
In the long run, after these youth apartments are built, in addition to meeting the accommodation needs of Germination's internal employees, the rest can also be transformed into long-term rental apartments.
In fact, it can also be regarded as a long-term investment, a substitute for long-term marketable bonds.
Although the risk is a little higher.
But in the current situation, it is also a good choice with no choice.
"The equity dividend is 1000 billion, the youth apartment project is 500 billion, the bond purchase is about 500 billion, and there is another 800 billion in cash, and there is still a gap of 500 billion."
After Zhang Shuo made some calculations, he turned his head to look at Luo Changan, the investment director, and said with a smile, "How to spend the remaining 500 billion depends on you."
"Ting!!!"
Happiness came so suddenly that Luo Changan was a little dizzy.
With this amount of funds, the Germination Investment he presided over can really show its strengths.
"but…"
But Zhang Shuo changed the subject, "It's still the same principle as before. Germinal Investment only focuses on industries such as smartphones, semiconductors, new energy vehicles, and biopharmaceuticals, and it is to form synergies."
Simply put, you cannot invest for the sake of investing.
In addition to paying attention to the impact, once the model of casting a wide net is adopted, it is very likely that you will be taken advantage of.
Like Tengda in the original space-time, it has invested in more than a thousand companies, and it is actually a few Internet companies such as Jingdong, Meituan, and Kuaishou that have really achieved stable returns.
Cross-industry investments are rarely successful.
Zhang Shuo also didn't think that the investment department chaired by Luo Chang'an was much better than Tengda's investment department.
After all, what Germind Investment was looking at before was not the target, it was all selected by Zhang Shuo.
Once the scope of investment is expanded to the entire industry, even if Zhang Shuo is a reborn person, it is impossible to say that Zhang Shuo is limited to the vision and knowledge of the original time and space, and then guide the budding investment.
Tossing coins is to scatter coins, but it can't be done in vain.
"Ting!!!"
Luo Changan's smile also froze on his face instantly.
But he is capable after all.
After thinking for a while, Luo Changan suggested, "If this is the case, and at the same time pursue stability, then I suggest, Chairman, that you can consider setting up an infrastructure investment fund."
"Investment fund facilities?"
Zhang Shuo's eyes also brightened, "This is a good choice."
Because he often chats with his second uncle, Zhang Shuo is quite familiar with some official policy trends. Recently, the government has indeed encouraged private capital to enter some infrastructure investment fields in an orderly manner.
of course.
It mainly acts as a financial investor.
"Then it's decided. Germination Investment will set up an infrastructure investment fund, and the first phase of the fund will be set at 500 billion." Zhang Shuo also quickly made up his mind.
The 500 billion investment in infrastructure is not a big deal.
Not too conspicuous.
Of course, this is only the first phase of funding. If the benefits are not enough in the future, you can also consider setting up the second, third, or even fourth, fifth, and sixth phases of funds to continue working in this field.
after all.
With the two cash cows of Maili Group and Qinghe Group, Germina will not be short of money in the future.
.........
Germinal's internal work efficiency is extremely high.
The latest effort is the bond purchase plan arranged by Cai Feijuan, the chief financial officer. With 500 billion funds, it is almost a gesture of sweeping goods, and it has looted a wave of China's bond market.
Among them is the subscription of Beaver's 100 billion corporate bonds, which is also the largest investment.
It quickly became news.
"It's interesting. Beaver is busy borrowing money everywhere, but Germination is playing the role of a big local tycoon, sweeping up the bond market frantically, and even bought corporate bonds issued by Beaver."
"Looking at it this way, Germination is still very optimistic about the future of the beaver (dog head)"
"Don't over-interpret the above. With the budding profit level, the cash in the account is estimated to have peaked long ago. Investing in bonds is a normal operation."
"That's true. It's already unexpected that Germination can be delayed until now."
"Anyway, there is no doubt that it is Gou Dahu..."
"I'm curious, how does Beaver feel at this moment?"
"What else can I think? The 300 billion corporate bonds issued by Beaver have not been fully subscribed until now. Mengya has relieved Beaver. I should be grateful."
"That's the case in theory, but anyone who understands it..."
"Well, I'm still looking forward to it, the uncle's expression at this moment (dog head)"
“Upstairs is ruined!!!”
"Looking at this posture, the beaver may survive for a while after saving itself."
"A skinny camel is bigger than a horse, okay?"
"That is, although Beaver has been in trouble recently, at least for now, it is still the largest e-commerce platform in China, and it is making positive profits every year. How can it be so easy to fall down."
"What's more, this is not the official intention."
"That's right, hitting the board belongs to the board, and it's not a one-shot death, so don't over-interpret it."
"That's the reason!!!"
Among netizens, there are still many smart people.
.........
At the same time, Beaver headquarters.
Looking at the comments from netizens, one can imagine the mood of the uncle at this moment.
It's very aggrieved!
He wanted to scold Germination, but he didn't have the confidence.
As netizens said, Mengya's sweeping of the bond market this time is tantamount to helping Beaver in disguise.
How can you scold me?
It doesn't make sense at all!
"Hey, boss, this at least proves that Germination has no covetous heart for pessimism." Ren Xiaoyao is worthy of being Ren Xiaoyao, who can always look at things from a new perspective.
In terms of comforting people, it is far better than Tengda's Lu Jian.
"That's all I can do to comfort myself."
To be honest, before this, the uncle was really worried that Mengya would take the opportunity to stand up and pick peaches.
"Hmph, maybe it's a guilty conscience."
For Germination, the uncle still has prejudices in his heart. Until now, he still believes that the black ant incident was planned and promoted by Germination behind the scenes.
Even if Germinal didn't benefit from it.
"Zhang Shuo has done a lot of thankless things like this." The uncle said firmly.
"..."
Ren Xiaoyao could only smile wryly, prejudice is a big mountain.
(End of this chapter)
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