Chapter 089: HZ Technology
Since they were not at the stage yet where they’ve determined their acquisition targets, the two parties only express their subjective opinions on the companies shown during the meeting and formulated their next analysis and inspection plans. There wasn’t much disagreement during the meeting.
After the meeting, Si Ze, as host, invited everyone to the clubhouse at No. 88 Huaijin Road for another gathering.
Hearing No. 88 Huaijin Road, Qi Yu thought of Si Hang.
As they were leaving the meeting room, Qi Yu casually asked Si Ze, “How is Si Hang doing?”
Since the fight between Qi Yu and Tang Weiye which was immediately followed by the failure of Si Hang’s stock investment, they had yet to see each other again.
Si Ze: “Pretty good, don’t you have his contact info? Didn’t you let him know you were coming back this time?”
Qi Yu said, “Last I heard he had lost money in stock investments. I haven’t contacted him since and I have no idea how he is now.”
Si Ze was taken aback and said unexpectedly, “You also participated in that stock investment?”
Qi Yu shook his head. “I didn’t but a friend I brought along with me did.”
When Meng Wenhui returned to the U.S. at the end of August, in order to hide it from Uncle Meng, he borrowed a sum of money from Qi Yu, which he yet to repay.
“Oh…” Si Ze nodded and explained, “It was my side handling that stock investment matter. I was originally just letting him tag along to play but there was an incident and we suffered a bit of a loss. ”
Qi Yu vaguely remembered that Xu Yizhou had said that Si Ze had lost tens of millions in that throw. He was a little surprised to see that Si Ze could, at this moment, speak about it so easily.
“Your friend shouldn’t have lost much, right? I remember that my brother only puts in a few million every time.” Si Ze shook his head and laughed, “For something like this, he even kicked up a fuss with me for more than half a month, saying that I caused him to lose face in front of his friends…”
Qi Yu: “Is he okay now?”
Si Ze put his hands in his pockets, and smiled casually, “Why wouldn’t he be? After all, all it takes is giving him some money to make him happy. Don’t worry, it’s been over long ago. When we go to No. 88 Huaijin Road tonight, he’s probably going to be there in all likelihood. I’ve already reserved that room for his use for the entire year. You can find time later to go and reminisce about the past with him.”
Qi Yu: “…Hmm.”
Qi Yu was already familiar with that place, so that night, he simply asked the bodyguard to drive him and Fu Yansheng there.
Even though they were in the same venue, Si Ze’s reserved room was obviously more formal and more business-oriented than Si Hang’s entertainment-focused room.
The quality of the clubhouse’s dinner service was no less than that of the star-rated hotels outside. After the meal, everyone divided into two group. One group played poker and the other sat on the sofas to continue their discussions about the technology companies.
We’re sorry for MTLers or people who like using reading mode, but our translations keep getting stolen by aggregators so we’re going to bring back the copy protection. If you need to MTL please retype the gibberish parts.
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At the daytime meeting, they mentioned a company called HZ Technology as a possible target of acquisition. The company founder was named Su Jing. It was said that Su Jing had been personally scouted and cultivated by Lei Hong, the chairman of Zhongda, while he was still in college. Back then, at only twenty-five years of age, he took the position of Zhongha’s R&D Department’s second-in-command.
The Zhongda Technology back then was as famous domestically as Nanri Technology. It was mainly engaged in information technology. Everyone within the industry said that Lei Hong was cultivating Su Jing like his own son. Su Jing’s future prospects were immeasurable. However, no one expected that Su Jing would actually betray Zhongda and Lei Hong, taking with him people and some technological secrets to set up his own company, openly challenging his original employer and competing for Zhongda’s market share and customers.
This audacious move shocked the industry and drove Lei Hong furious. Afterwards, under Lei Hong’s orders, Zhongda launched targeted attacks on Su Jing’s company for two whole years, quickly forcing Su Jing into an impasse.
Four years ago, Su Jing sold Guangshen Technology, the company he’d founded at the time, to Zhongda’s competitor, Zhenming Technology. Since then, he dropped off the radar.
That was until last year, when he reappeared before everyone’s eyes with “HZ Technology”. This company was mainly engaged in operating an online exchange platform for beauty products and fashion styling, a very good fit with the company model that the Si Yuan Group’s Technology company wanted to establish. During the meeting, Si Ze and Ye Qinru were the most subjectively inclined to acquiring this company.
In the past few years, the Zhongda that Su Jing once worked for has also been continuously expanding, transforming into a huge and well-known enterprise with backing by the state. They were now completely different from before. To say nothing of Nanri, there wasn’t even a single company of a similar type that could be said to be equally as famous of Zhongda.
At this time, as this group of people chatted about Su Jing and his past, they couldn’t help continuously sighing.
Huang Junwen said, “What happened to Su Jing was truly miserable. If he hadn’t betrayed Lei Hong back then, he would definitely be someone atop ten thousand people in Zhongda. Not only does he have to operate some fashion company, he also has to contend with all sorts of capitalists glaring at him like tigers watching their prey.”
Feng Miao: “Lei Hong was angry at the time not just because he quit and went at it alone, but because he ran away with confidential information, right? This is obviously the act of a white-eyed wolf.”
Liao Qingshan: “Didn’t he say that the confidential information was developed by his own team?”
Fu Yansheng said, “I’ve heard about this. I heard that when he was still in Zhongda, he found an outsider to register intellectual property rights over the things they developed. They made use of a loophole in the law.”
Huang Junwen: “This move is just foul!”
Ye Qinru shook his head. “But if Zhongda had found evidence of this matter, they would have already sued him and Su Jing would have been put in prison for the rest of his life.”
Wu Shuang rubbed his chin. “I heard that Lei Hong offered 200 million yuan four years ago in a bid to simply acquire Guangshen Technology.”
Huang Junwen: “Two hundred million? Damn, how much could Guangshen Technology have been worth at the time, being beaten as he was. Once the technology they had went passe, they wouldn’t have the money to do conduct any new research and development. They would have taken a dive…Not to mention that Lei Hong was attacking him on all sides. He couldn’t get any other investments.”
Ye Qinru: “Lei Hong also asked Su Jing to return to Zhongda. But Su Jing refused and sold his company to Zhongda’s competitor instead…”
Feng Miao: “He did it to deliberately embarrass Lei Hong, right?”
Wu Shuang made a fist and said, “A scholar would rather accept death than humiliation!”
Ye Qinru squinted at him and said, sounding amused, “What do you mean ‘A scholar would rather accept death than humiliation’? Didn’t Zhongda acquire Zhenming Technology a year ago? It could be regarded as an indirect acquisition of ‘Guangshen’.”
Wu Shuang: “……”
Huang Junwen frowned and said, “Zhongda wouldn’t make trouble for Su Jing’s HZ Technology this time, right?”
Ye Qinru: “How could Lei Hong not consider Su Jing to be beneath him already? You’re underestimating him too much yourself…”
Fu Yansheng: “Frankly speaking, Su Jing still has some means and vision. In just a year, he’s manage to return to the mouth of the storm.”
Qu Heng nodded and said, “The biggest advantage of his company is the data analysis behind it. They say he made the system himself.”
Huang Junwen: “But Su Jing dared to challenge Lei Hong back then; he’s probably not some simple character. He finally wants to make a comeback. If we express our wish to purchase his company, he may not necessarily be willing to…”
Si Ze smiled. “Whether he wants to or not is not his decision. It’s capital that has the final say. What do you think, Qi Yu?”
Seeing Si Ze looking at him, Qi Yu said, “We’ll see once we understand more.”
During this discussion, Qi Yu kept to his own style as before and rarely spoke. Maybe it was because he was young and still studying, no one forced him to express any opinions.
Hearing them move on to other gossips, Qi Yu got up and said that he was going to the bathroom. Fu Yansheng used his eyes to ask whether he wanted him to accompany him. Qi Yu shook his head and said, “It’s fine. I’ll be back soon.”
In fact, there was an attached washroom in the private room, but Qi Yu mainly wanted to walk around since he’s been sitting for such a long time; while he was at it, he wanted to take a breather.
When he got to the toilets, Qi Yu was in the cubicle when he suddenly he heard two people walk in, talking.
“I heard that Si Hang’s esports company is going to go public, is that true?”
“Don’t tell me even you believe his load of hot air? Wasn’t your loss last time big enough?”
“Hey, don’t bring that up! Talking about it is going to make my head explode!”
“He just relies on his father and brother’s ability. Without the Si family, sooner or later, he’s going to find himself tied up in a sack and beaten!”
“Haha, why does it seem like I’m looking a little bit forward to that?”
“Hey, do you still remember the handsome guy Tang Weiye took a fancy to? That friend of Si Hang’s that came from abroad…”
“I remember! The one who owns Mei Wei?”
“Yeah. Now that Mei Wei’s run into some trouble, he refuses to hang out with him anymore. What a snob!”
……
The two talked and laughed as they left.
A few seconds later, Qi Yu walked out of the cubicle with a frown.
He didn’t recognize these two people by their voices, but they were obviously among Si Hang’s rich second-generation friends.
It was just that Qi Yu didn’t expect that this group of people could be so warm and friendly to Si Hang on the surface but talk about him like that behind his back.
Si Hang must have heard that he was working with Si Ze, and it was complete nonsense to say that he no longer interacted with him because Mei Wei got into an incident. Anyone with brains would know that wasn’t possible…
Qi Yu took out his mobile phone, glancing at Si Hang’s profile picture in his WeChat. Truth be told, when he first came out to the toilets, he was thinking whether to drop in to say hello to Si Hang; but now, he felt like the timing wasn’t right.
Qi Yu put away his mobile phone, washed his hands, and decided to contact him another day.
Everyone chatted until about ten o’clock and the party broke up.
Back in the car, Fu Yansheng asked him, “What do you think about what they were talking about tonight?”
Qi Yu furrowed his brows and said, “I can’t readily agree with them about the many opinions they have expressed regarding people’s personal character…”
“Oh?” Fu Yansheng asked with interest, “For example?”
“For example, how they said that Su Jing was actually a white-eyed wolf…” Qi Yu didn’t continue his words. He paused, as if thinking, “Teacher Fu, in fact, when I hung out with Si Hang and the others, I also heard them gossip about other people. Only that Si Hang and the others were mainly concerned about money and status. So whenever they got together they would talk about whether these rich second-generation families in the circle had money or not, what kind of cars they usually drive and which celebrity they were dating… these were the standards by which they judge a person to be worthy of being despised or touted.”
Fu Yansheng nodded. “En.”
Qi Yu: “Before, I didn’t really like their kind of conversation. But today, having heard what people were talking about in Si Ze’s room, I felt that everyone seemed to be the same in essence. Only that they were focused on other people’s background, business skills and professional black history, because we also need to rely on this information to judge whether someone is worthy of cooperating with… However, not everyone in this world has the opportunity to understand a person’s character by personally talking and interacting with them. And it’s also absolutely impossible for a person to let everyone in the world know who they really are. Many people just create impressions by ‘listening to what others say’; even going so far as to form fixed labels…”
Fu Yansheng: “And so?”
Qi Yu looked at Fu Yansheng and said, “So I don’t want to express any opinions on the things they said, including Su Jing. Those things between him and Zhongda is just one experience in his life. It doesn’t encompass all that he is. At present, I’m just more interested in the HZ Technology that Su Jung founded so I want to know more about him.”
————
【Little Theater】
Everyone in the room talked freely, Qi Yu listened calmly.
Qi Yu in the eyes of the people who don’t understand: A vase.
Qi Yu in Old Fu’s eyes: Future tycoon.
————
So so good.
[Extra Little Theater]
Qi Yu in the eyes of the readers: A future tycoon that must be protected and loved like a beautiful vase by Teacher Fu.
nicely said 👏
It’s such a good read. And thank you @sleepy.little.mushrooms for the footnotes reminding us of who the smaller characters are 💜
Thank you for the chapter! ❤️
thanks for the chapter!
Xiao Yuyu best boy
Yes!!! People are not encompassed by one thing, situation, status, etc. Thinking too narrowly is the root of a lot of problems and lack of progress.