The world's richest man started by developing gutter oil

But things were not as simple as Qi Zonghao thought. In just 5 minutes, the stock price had fallen to 2 yuan. Even if the trader tried his best to buy stocks, he still could not stop the stock price from falling.

"Mr. Qi, the short sellers seem to have endless bullets. We have repurchased NT$50 billion, but it still cannot stop the stock price from falling." A trader said to Qi Zonghao who was standing in the middle of the office.

"Stop buying stocks first and wait until the stock price drops to 2 yuan." Qi Zonghao said, staring at the big screen in the living room.

Without Qi Zonghao's support, the stock price fell very quickly, and it fell to 5 yuan in less than 2 minutes. When Hon Hai Precision opened in the morning, the stock price was 6 yuan. In less than half an hour, the stock price fell to 2 yuan. This time, Hon Hai Precision fell by 2%.

"Mr. Qi, Hon Hai Precision's stock price has stopped falling at 2 yuan. Can we buy back the stocks?" asked a trader.

"Let's start the repurchase." Qi Zonghao said.

However, when they were buying back shares, they found that there was a force in the market that was competing with them to buy the shares.

In just the time it took to answer, Hon Hai Precision's stock price rose by 4%.

"Mr. Qi, someone in the market is trying to snatch chips from us." asked the trader just now.

"What on earth do they want to do? Hon Hai Precision's PB has reached 1. If it drops further, it will fall below the price-to-book ratio." Qi Zonghao murmured.

At this moment, Qi Zonghao's cell phone rang again. Guo Taiming called after seeing the stock price drop to 2 yuan.

"Mr. Guo." Qi Zonghao said after answering the phone.

"Xiao Qi, what's going on with Hon Hai Precision's stock price? Why did it fall so drastically this time? The company has already proposed a repurchase plan, so it shouldn't have fallen so much." said Terry Gou.

"Mr. Guo, the short-sellers have been dumping the market too hard and a herd effect has been formed. Retail investors have been pushing down the price in order to sell their shares. However, such a low price is a good thing for us. We can absorb more shares back at this price. As long as this incident is over, the stock price will definitely go up again." Qi Zonghao said.

"I will transfer another NT$100 billion to you, and you must do your best to buy back the shares," said Terry Gou.

"Okay, Mr. Guo." Qi Zonghao replied.

However, just when they hung up the phone, Hon Hai Precision's stock price rose again, from 2 yuan to 3 yuan.

At this moment, retail investors who are still trading feel like they are on a roller coaster.

Qi Zonghao's team did not grab many stocks this time. However, not long after Hon Hai Precision's share price returned to 3 yuan, Hon Hai Precision's share price plummeted again, and the trader's hand speed could not keep up with the speed of the decline.

"Damn it, what on earth do these people want to do? Lu Xinzhou, check for me if anyone is buying shares of Hon Hai Precision." Qi Zonghao cursed.

"Okay, Mr. Qi." Lu Xinzhou, the trader in charge of information, replied.

At the same time, Terry Gou, who was sitting in the office of Chairman of Hon Hai Precision, was also confused by the situation in front of him.

Why is Hon Hai Precision's stock price so fluctuating? What is really going on?

Two hours later.

In the past two hours, the share price of Hon Hai Precision Industry has fluctuated between 3 yuan and 2 yuan countless times.

"Mr. Qi, someone is secretly acquiring shares of Hon Hai Precision. The Taiwan Stock Exchange just sent a message that someone just reported to the Taiwan Stock Exchange that they have repurchased 17% of the shares from the primary and secondary markets. Now the other party has become the largest shareholder of Hon Hai Precision." Lu Xinzhou said loudly.

In fact, Changsun Chuanfu had already started collecting chips of Hon Hai Precision half a year ago. He had already collected 9% of the chips before they started to dump the market. However, these chips were divided into two companies. Because they did not reach 5%, there was no need to disclose them to the public.

This big drop allowed him to collect 8% of the chips. Only after Changsun Chuanfu collected enough chips did he disclose his equity to the Taiwan Stock Exchange.

Theoretically, what they did has violated the regulations of the Taiwan Stock Exchange, but there are countermeasures to circumvent the rules as long as there are policies from above.

"I understand." Qi Zonghao replied.

At this moment, Qi Zonghao also understood the intentions of these people, which was to acquire Hon Hai Precision.

Qi Zonghao then called Terry Gou to tell him the intentions of those who shorted Hon Hai Precision.

Hon Hai Precision Industry Headquarters in New Taipei City.

"Damn it! These people are taking advantage of the situation." Guo Taiming hung up the phone with Qi Zonghao and cursed.

At this moment, Guo Taiming's phone rang. The caller ID was a very unfamiliar number, and this number was from mainland China.

"Who is this?" Guo Taiming asked after answering the phone.

"Hello, Mr. Guo, I am Sun Chuanfu, the vice president of Deep Blue Capital." Sun Chuanfu said after Terry Gou answered the phone.

"Is it Hon Hai Precision that you are shorting?" asked Terry Gou with a frown.

"Yes." Changsun Chuanfu said bluntly.

"What do you want to do?" asked Terry Gou.

"We want all Foxconn's foundries in China. If Mr. Guo is willing to transfer these factories to us, then this matter will become much simpler. If Mr. Guo is not willing to transfer the factories, then we can only operate them ourselves after we have a controlling stake.

We now hold 17% of Hon Hai Precision's shares. Mr. Guo can try to compete with us in the secondary market to see who can control Hon Hai Precision in the shortest time. However, if we control Hon Hai Precision, Hon Hai Precision will most likely be split up and sold. "Chang Sun Chuanfu said with a smile.

It can be said that Changsun Chuanfu is now making a naked threat. Terry Gou only holds 13% of Hon Hai Precision's shares, and he does not have absolute control over Hon Hai Precision.

The reason why Terry Gou was able to control Hon Hai Precision Industry was because of his personal prestige. He never expected that someone would come to Taiwan to compete with him for controlling rights.

"How do you plan to trade?" Guo Taiming asked after taking a deep breath.

"The combined valuation of all Foxconn's factories in China is 450 billion. It cost 17 billion to collect this 230% stake. We are willing to take out 100 billion plus 17% of the shares to exchange for Foxconn's factories in China. In addition, Hon Hai Precision is not allowed to take away any senior executives after transferring the factories." said Changsun Chuanfu.

"Okay." Guo Taiming agreed with gritted teeth.

Does Terry Gou have no money and no ability to compete with Deep Blue Group?

Yes.

All of Guo Taiming's assets add up to just over 20 billion RMB.

Although Foxconn is very large, Terry Gou does not hold many shares, and not many of them belong to him personally.

According to Forbes' 2024 statistics, Guo Taiming's net worth in 2024 is only more than 600 billion. This amount of money is just a little brother in front of Deep Blue Group. Now that Apple has abandoned Foxconn, Guo Taiming is more likely to fight with Deep Blue Group without the support of Apple.

If he dared to fight with Deep Blue Group, Deep Blue Group would have a hundred ways to destroy Hon Hai Precision. After some struggle, Terry Gou finally chose to compromise with Deep Blue Group.

The President's Office of Shenlan Group in Shenlan Industrial Park.

Han Chen has been busy recently and has been working on the system planning of spatial computing. In the near future, spatial computing will definitely replace mobile phones and become people's mainstream entertainment electronic product, so Han Chen needs to plan for spatial computing in advance.

Because currently there is no organization in the world that is systematically planning spatial computing.

So Han Chen could only take drugs and study spatial calculations by himself.

In order to do system planning for spatial computing, Han Chen has been taking Lolaland brain capsules for 5 consecutive days.

There are so many things involved in spatial calculations that he has no way to make plans with his existing knowledge. The only way is to take brain capsules to make plans.

Fortunately, Han Chen has plenty of Lola Lan brain capsules, and the system will be refreshed every one or two months.

It’s just that I haven’t found any good stuff in recent times, and most of the things are useless, which makes Han Chen feel very distressed.

At this moment, the door light on the table lit up. Han Chen also pressed the switch after seeing the door light turn on. A few seconds later, Kong Huimin pushed open the door and walked in.

"What are you busy with?" Kong Huimin asked after seeing Han Chen typing on the keyboard.

"I am designing the operating system for the next generation of smart glasses." Han Chen said while typing on the keyboard.

"Let the research and development matters be left to the people below us, otherwise why would the company hire so many people back?" Kong Huimin said.

"The next generation of operating systems involves spatial computing systems. Even if I tell them about this, they may not understand what it is," said Han Chen.

"Honey, the sales of the third generation of Deep Blue electronic products have started to decline. Do you think I can start reducing production?" Kong Huimin asked.

"Let's start reducing production and clearing inventory. The fourth generation of products will be launched in September," said Han Chen.

Just this morning, Han Chen received an email from Su Ma, which included the parameters of the fourth-generation mobile phone chip. The fourth-generation Deep Blue chip will be mass-produced in August.

Tan Tai Ling Ling has also designed the appearance of the fourth generation. Once the chip is available, they will be able to conduct testing and plan for mass production.

The fourth-generation Deep Blue mobile phone chip adopts a brand-new design. Compared with the third generation, the fourth generation pays more attention to performance. Therefore, the fourth-generation chip is adjusted from 8 cores to 6 cores. Among the 6 cores, 4 cores are super-large cores, and the remaining two cores are medium cores and small cores respectively.

In addition, the fourth-generation core also integrates a new generation of NPU and GPU.

The performance of the fourth-generation mobile phone chip is 2.6 times that of the third generation, the performance of the NPU is 3 times that of the previous generation, and the performance of the GPU is 2.8 times that of the previous generation.

The fourth generation of mobile phone chips can be said to have once again achieved an epic upgrade.

当然随着性能的升级价格也会跟着升级，深蓝4S的售价会从3999提升到5999，深蓝4的售价更是提升到了7999，至于顶配的深蓝MAX4售价直接定在8999。

If DeepBlue does not lower the prices of its low-end phones, many mobile phone brands may go bankrupt.

In addition to freeing up enough low-end space for other brands, Han Chen's actions will also allow Shenlan to gain more profits from the market by raising prices. Han Chen's actions can be said to be killing two birds with one stone.

Kong Huimin saw Han Chen concentrating on typing on the keyboard and didn't want to disturb him anymore.

"You take care of your things. I'll go back to arrange the work." Kong Huimin said and got up and left.

"Yeah." Han Chen nodded.

Not long after Kong Huimin left Han Chen's office, Changsun Chuanfu called.

"Brother Chen, Terry Gou has agreed to sell the domestic factory to us." said Changsun Chuanfu.

"Chuanfu, you did a good job on this matter. I will send someone to take over from you." Han Chen said without emotion.

Once a person takes the Lolaland Brain Capsule, he will become extremely rational. It is not an exaggeration to say that he is now a robot without any emotions. Fortunately, this thing does not have too many side effects, otherwise Han Chen would not dare to use it to develop new technological products.

"Okay, then you can ask that person to contact me later." Changsun Chuanfu said.

"Okay." Han Chen said and hung up the phone.

at the same time.

The reputation of "The Legend of Zu" has spread on the Internet. All of this reputation came from the premiere last night. The score of "The Legend of Zu" on Maoyan reached 9.9 points, and the box office of "The Legend of Zu" was booked until 10 days later.

You heard it right, you can only buy tickets if you book 10 days in advance.

This would have been impossible in the past, but the emergence of Deep Blue completely changed the status quo of cinemas. Not to mention that the movies produced by Deep Blue are all masterpieces, the special effects produced by the Magic Eye even surpass those of Hollywood, not to mention that The Legend of Zu is the memory of youth for many people.

In addition, The Legend of Zu gathers half of the big names in the Chinese entertainment industry.

With such a strong lineup and such powerful special effects, which audience can refuse "The Legend of Zu"?

"How many people went to see the premiere of The Legend of Zu last night? The Legend of Zu is definitely the best fairy tale movie I have ever seen. The special effects are incomparable to Avatar."

"I heard that many scenes in the film were shot on location. I didn't expect that there are so many beautiful places in China."

"It's a combination of real scenes and special effects. Those floating islands are real scenes plus special effects. I have to say that Xu is really awesome. Only he can produce such an effect. Another director would never be able to do it."

"That floating island satisfies my imagination of the world of immortal heroes."

"The Magic Eye Engine is truly amazing. Without it, we wouldn't be able to produce such an effect. Even if we did, we don't know how many years of post-production it would take. It is said that the post-production of Legend of Zu took only half a year."

"It took more than half a year. The post-production was done simultaneously. It took a year and a half. When Xu Laoguai shot a part of the film, the post-production team started to do the post-production. Only by shooting and producing at the same time can the filming be so fast. If it were another company to shoot, they would do the post-production after the shooting. Only people from Hong Kong dare to do the post-production while shooting."

"I just want to ask if anyone has any tickets to transfer. All the tickets are sold out before the 10th, and I don't want to wait that long."

"Just wait patiently. Do you know how much scalper tickets cost? Scalper tickets have been sold for 200 yuan. A 45 yuan movie ticket has been sold for 200 yuan." (End of this chapter)