Reborn: Shorting My Father's Company to Become the Richest Man
Chapter 614

Knowledge changes lives

1,326 words4 min read0 views5d ago
Next

Before the applause had completely subsided, Zhao Chen pulled the microphone back in front of her face.

The reporters in the audience had just lowered their hands, and when they saw his action, they all raised their heads.

The lighting engineer in the Multi-Function Hall keenly captured this subtle change.

Turn the surface light on the rostrum half a notch brighter,

Zhao Chen The huge LED screen behind him switched from the neutral gray background color of the question session to a simple title page.

There is only one line of words on it - "Henglong Group strategic plan for the next five years."

"This concludes the question-and-answer period.

You just asked questions about the past, about the decisions I made at New York,

Regarding the operation of Era Vanguard in US Stocks, about my personal wealth and age.

I answered all of these."

Zhao Chen's eyes swept over the more than two hundred faces in the audience one by one,

The voice was not high, but every word was firmly pressed on every speaker in the venue.

"But I invite you here today not just to talk about the past.

Next I want to announce two things.

These two things are related to the direction of Henglong in the next five years, and also related to my personal future focus."

There was a slight commotion in the audience.

Several reporters in the first row pushed their recorders forward almost at the same time.

The CNBC camera team in the last row zoomed in on Zhao Chen's face for a close-up.

"The first thing." Zhao Chen raised a finger,

"Henglong Group's strategic plan for the next five years."

The LED screen behind him switched to a map of the global technology industry.

The above marks the market size, growth rate forecast and competition pattern of the two core tracks of New Energy industry chain and AI Computing Power infrastructure.

This picture was made by the research team of Chen Xi and Henglong Capital for several weeks.

The original data comes from the latest research reports of Bloomberg, IDC, McKinsey and several leading securities firms.

Each number is accompanied by independent cross-validated source annotations.

"Starting today, Henglong Group will be officially upgraded from an investment holding platform to a 'technology plus consumption' two-wheel driven industrial investment group.

Two core tracks: First, New Energy industry chain--

From the upstream Energy Storage Materials to the midstream power battery,

Then to the downstream vehicle manufacturing and charging infrastructure,

Henglong Capital has already laid out Green Energy Technology, Bidiya and Tesla on this track.

In the next five years, we will continue to increase investment in Energy Storage technology and next-generation battery materials."

He held up a second finger.

"Second, AI Computing Power infrastructure.

Nvidia is the core position of Era Vanguard.

But Henglong will also lay out its domestic layout around the AI Computing Power industry chain--

From the upstream chip of Data Center to the downstream cloud computing platform, our goal is not to compete with Nvidia.

Instead, we will become one of Nvidia's closest partners in the China market.

Five years ago, Henglong was still a local enterprise with real estate as its main business.

When I took over more than two years ago, the market value of Henglong was less than 3 billion Hong Kong Dollar.

Today, Henglong's market value exceeds 57 billion Hong Kong Dollar.

Five years ago, no one would have thought that Henglong would be where it is today.

Five years from now, I hope no one will doubt that Henglong is an industrial investment group with a truly global vision."

The pen tips of the reporters in the audience quickly crossed the paper,

Several self-media bloggers directly took pictures of the strategic framework on the screen and uploaded it to Weibo and Snowball in real time.

The Zhongxin Construction and Investment Hong Kong Stocks Strategy Team analyst sitting on the far left side of the first row quickly drew a forecast diagram of Henglong's revenue structure in the next five years on his notebook.

Then there are four words marked next to it - "two-wheel drive".

Zhao Chen After waiting for the low-pitched conversation in the audience to subside a little, he raised his third finger.

The technology industry map on the screen slowly switched, and the new page was much cleaner.

A concise title - "Henglong Charity Foundation".

The subtitle below has only a few words: "Knowledge changes destiny."

"The second thing."

Zhao Chen put down his hands, crossed his hands on the table, and leaned forward slightly.

"I personally invested in the establishment of Henglong Charity Foundation, and invested one billion people in RMB in the first phase.

This has actually been done quietly over the past year--

Foundation has completed the independent trust structure design, and Secretariat has started operation.

The first large-scale project 'Western New Energy Teacher Training Program' has trained thousands of rural teachers.

But today is my first official announcement to the public."

He paused and glanced from the first row to the last row.

"I know a lot of you here might be thinking--

Is doing charity work to improve your public image?

After all, I have broken my promise to shareholders this year.

Investigated by the SEC, hunted by Short Sellers of Wall Street,

After the identity was exposed, it also caused a lot of controversy.

By doing charity, do you want to label yourself a 'good person'?"

It was so quiet in the Multi-Function Hall that I could hear the faint buzzing sound of the hard drive indicator light of the rear camera flashing.

No one asked questions, but everyone looked at him.

"The answer is simple. No."

Zhao Chen pulled the microphone closer to him,

"I don't do charity work just so others can say I'm a good person.

It's because I know that the saying that knowledge changes destiny has been verified by me myself.

If I hadn't spent so much time reading in Zhengfa University,

If I hadn't repeatedly switched my thinking frame between law and economics,

It was impossible for me to understand the underlying logic of Bitcoin when it was still in its very early stages.

It is impossible to make a correct judgment on the AI Computing Power track after the Nvidia Financial Report plunge,

It's impossible to keep your composure and make a comeback when being hunted by so many people.

Knowledge gives me the opportunity to change my destiny.

So I want to give this opportunity to those who are like me,

A child who was born into a family with relatively limited resources but is willing to use knowledge to build a future."

The female reporter First Finance in the front row suddenly stopped writing in her hand.

She looked up at Zhao Chen, and for a moment a certain softness that rarely appeared on financial reporters flashed across her always rational face.

Zhao Chen leaned back in his chair, put his hands on the table again, and his tone returned to his usual calmness and restraint.

"Philanthropic Foundation operates without accepting any external donations,

All funds come from assets in my personal name.

Foundation has established an independent trust structure. Even if I no longer directly manage it in the future,

Foundation will also continue to operate in accordance with the terms of the trust.

I ask all reporters here - especially reporters from Financial Media - to supervise me.

Supervise every expenditure of Henglong Charity Foundation, supervise whether I have fulfilled my promise today,

Monitor whether I take Henglong in the direction I just promised over the next five years."

He gently pushed the microphone aside.

The river Two Rivers Confluence outside the window is still flowing as always under the noon sun,

The wired microphone on the podium picked up the last syllable, and there was an extremely brief silence in the Multi-Function Hall.

Then the applause broke out again, more uniformly than in the previous question and answer session.

The hands holding recorders and mobile phones were waving above their heads,

The live broadcast barrage surged into layers of barrage streams on the screens on both sides of the venue.

The large LED screen was covered with close-ups of the camera and the same barrage scrolling quickly - "Knowledge changes destiny".

End of Chapter
Prev
NovelSummaries
Next

Explore the wiki

Comments