I have a debt of 3 trillion, and my creditors are begging me not to die.

Chapter 154 Luo Jun: I bet my life's honor on supporting Sihai Electronics

Before this, every time Xiaomi released a new phone, Luo Jun would say a phrase that was familiar to Mi fans but also ridiculed by others, which was "Qualcomm's first launch."

So when everyone heard Luo Jun say that he would invest more in research and development in the future and that only by owning their own technology could they be reliable, the onlookers were happy.

"Why do I feel that it's a bit strange to hear Mr. Luo say something like 'research and development'? Aren't they always pursuing Qualcomm's first launch?"

"It seems that Mr. Luo was really humiliated by Sanxing. He even said something that was not in line with his personality, such as increasing investment in research and development."

"So, according to Mr. Luo, Sihai Electronics is making OLED again? Didn't they just make memory sticks? Have they conquered OLED technology again? Isn't it... that there is no bottleneck in their research and development?"

"This world has finally gone so crazy that I don't recognize it anymore. Half a year ago, would you have believed that Sihai Group would become a scientific research company? Oh my god, does Boss Yang have a system? How can he be so awesome? Ever since he took over Sihai Group, Sihai Group has become something that no one recognizes."

……

There is no celebrity entrepreneur who has not been criticized, such as Mr. Ren of Longwei, Mr. Wang of BYD, and even Mr. Ma of Alibaba and Mr. Ma of Penguin.

Luo Jun has long been accustomed to this. He can accept everyone's praise, and can also withstand criticism and ridicule.

Soon Luo Jun's video was spread to South Korea, and Samsung Electronics President Zheng Jinrong forwarded the video to Chairman Li Jae-yong for review.

After reading it, Li Jae-long said, “Impossible! Absolutely impossible! I will never believe that Sihai Electronics has OLED technology again! We at Sanxing Electronics invested so much money and spent so many years to accumulate today’s results. Sihai Electronics has already been disbanded, how can Yang Chen have technological achievements so quickly after taking over? This is not scientific at all!”

Zheng Jinrong smiled and said, "President, don't you understand this? Luo Jun was humiliated by us and was very angry. At this time, Yang Chen found him to cooperate and help Yang Chen short our stock price. If Yang Chen can short successfully, Yang Chen makes money and Luo Jun gets revenge. If we beg for mercy like the Bald Eagle family's company, then Da Mi can ask us to supply products at a low price. I have seen through their little tricks clearly."

Li Zailong laughed and said, "That makes sense! It makes sense! They want to join forces to deal with us, which is really childish. Haha... Come on, call Luo Jun for me, I want to talk to him."

Zheng Jinrong nodded and immediately called Luo Jun.

"Haha... Mr. Luo, our president wants to talk to you." Zheng Jinrong said and handed the phone to Li Jae-yong.

Li Jae-long got straight to the point and mocked, “Boss Luo may be angry, but there’s no need for you and Yang Chen to team up to do this kind of three-year-old kid’s trick. Do you think anyone with a normal brain can believe that Sihai Electronics can have memory stick technology and OLED technology in less than half a month? I can understand that you are unhappy and want revenge, but with your research and development capabilities, you will never be able to take revenge in this life. We are Sanxing, and you, an assembly plant, have no right to touch porcelain. Sorry, this is how I speak in our country. I’m used to speaking directly and don’t know how to be tactful, so just bear with it.”

Luo Jun said angrily: "You guys really have no manners at all! After all, we have been partners for so many years, and you are humiliating me like this? You don't even have the most basic etiquette, right?"

Li Zailong laughed and said, "When people deal with each other, when companies deal with each other, when countries deal with each other, what matters is the exchange of interests. There are no eternal friends, nor eternal enemies. When the interests are in place, enemies will become friends. When the interests are not in place, friends will become enemies. What benefit does your rice bring to our Sanxing? We don't have to worry about selling the goods you purchase. Orders for AMOLED and other products are scheduled for three years later. What do you think I need to respect you for? Does the bald eagle need to respect the Vatican?"

"Damn it, remember what you said today. Today you have mastered the technology and you are the boss, but you can't be the boss forever. Just wait, you will cry one day! Damn it!" Luo Jun cursed angrily and hung up the phone directly.

Li Jae-yong threw the phone to Zheng Jinrong and then burst into laughter. It was obvious that he was very happy and proud. He kept clapping his hands on the table when he was excited.

"When Luo Jun broke down and scolded me, I seemed to hear the sound of his heart breaking. Haha... I will lower the price for other customers in Longguo, but require them to launch 2-3 products targeting Dami's best-selling models. The price must be several hundred yuan cheaper than Dami's, so as to snatch Dami's customers. I want to let Luo Jun and Yang Chen know that mastering technology is equal to mastering the market. Whoever I want to develop will develop. Whoever I want to kill will die! If you go against me, don't expect a good ending!" Li Jae-long said with a smile.

Zheng Jinrong quickly said, "I understand! I'll contact the client in Longguo right away to have a chat."

An angry Luo Jun called Yang Chen.

"Hey, Mr. Yang, when will your screens be ready for mass production? Da Mi will only use your screens from now on. I must help you produce Sihai OLED as quickly as possible. But you have to promise me one thing: you must seize the market from Sanxing!" Luo Jun said angrily.

As soon as Yang Chen heard his tone, he knew that he was being humiliated again. Without technology, there is no right to speak. This is how the market is.

"The Sihai Industrial Park is under construction, and the first phase of the factory is expected to be put into use in mid-March. It will take a few days to debug the machines and familiarize the workers. Mass production is expected to start in late March, and it is expected to ship 3 pieces per month. After the subsequent three phases of the factory are completed, it is expected to ship 3 pieces per month." Yang Chen replied.

Luo Jun said: "Okay! After the Chinese New Year, we will sign a cooperation agreement. Dami will be the first to support Sihai OLED!"

Yang Chen smiled and said, "Okay! Thank you, Boss Luo. I wish Boss Luo a happy new year. All the unhappy things are left for last year."

"Huh... I, Luo Jun, have been in this business for so long, but I have never been treated like this! This time I am risking my life's honor to support you. Please help me get revenge!" Luo Jun said very seriously.

Yang Chen assured, “Don’t worry, Sanxing won’t have a good ending if I target him. Li Jae-long will definitely come to me in person to beg for mercy, and then all the grievances you’ve suffered will be returned to him. You can also take a video and post it on the Internet, so that people all over the world can see how humble Li Jae-long is. An eye for an eye, a tooth for a tooth.”

Luo Jun immediately said, "Okay! It's settled! I won't bother Director Yang anymore. I wish you a happy new year, and I hope you will defeat Sanxing next year!"

After hanging up the phone, Yang Chen smiled happily.

Li Jae-long was so cooperative that he directly pushed the rice to Sihai Electronics. This behavior of stabbing himself in the back is really "awe-inspiring".

2024 has passed, the happy, the unhappy, the good, the bad, all are over, and everyone is happily welcoming the arrival of 2025.

Yang Chen originally wanted to bring his grandparents to the villa to celebrate the New Year, but the old people were more traditional and still wanted to celebrate the New Year at home, so Yang Chen had no choice but to pack his luggage and stay at his grandparents' house for a few days.

According to the law of conservation of energy, if some people are happy, some people must be unhappy. If some people can celebrate the New Year happily, some people must not be able to celebrate the New Year happily.

Just when Yang Chen was playing Poker with others, Li Hang, the boss of Hangfei Drone Company, called him.

"Mr. Yang, help me! My company is about to go bankrupt. Can you pay back the 1000 million you owe us first? Please help me, please." Li Hang said.

Yang Chen replied: “Don’t be embarrassed, there are too many village chiefs in the four seas, I don’t know what debt I owe you, can you tell me in detail?”

Li Hang said quickly: "Sihai Agricultural Hi-Tech ordered 100 agricultural drones from us before, each priced at 10 yuan, which is a total of 1000 million yuan. At that time, Sihai issued us an acceptance bill, which was redeemed after one year. If it was not redeemed after the expiration date, the interest would be calculated at an annual interest rate of 10%. It has been 6 years, and the money has not been returned to us. I don't want to think about the interest, and I also know the current situation of Sihai Group. I won't make things difficult for Director Yang. But the payment of 1000 million yuan was settled to us. Isn't this too much? More than a dozen workers here didn't go home for the New Year and kept blocking my door. I am so embarrassed to visit relatives and friends during the New Year. The drone industry is too competitive now. The company's business situation is very bad, and the factory rent has used up all my funds. Now I can only hope that you can repay the 1000 million yuan payment and help me get through this crisis. Okay?"

Wang Sihai is such a bastard. He has delayed settling the payment of 1000 million yuan for goods for 6 years.

Yang Chen immediately said: "I can't find anyone responsible for Agricultural Hi-Tech now. Wang Sihai spent more than 100 billion on it and it all went down the drain. Now he still owes tens of billions of debts. I sympathize with your experience and can understand your current situation, but Agricultural Hi-Tech doesn't have a penny, so I can't repay you."

Li Hang quickly said, "Director Yang, please let me ask you. It's not easy for Jiangcheng to have its own drone brand. You can't just watch me fall."

Yang Chen smiled and said, “Boss Li, forgive me for being blunt. According to what you said, let alone 10 million, even if I give you 100 million, I’m afraid you won’t be able to do it for long, you’ll just be delaying your death.”

"Even if I can't save the company, you still have to pay us the money for the goods. You can't just deny this money, right?" Li Hang asked.

Yang Chen smiled and replied: "I didn't say I didn't acknowledge it. I said that Agricultural Hi-Tech has no money to pay you back. I will pay you back when I can build up Agricultural Hi-Tech's business. I will pay you back according to the agreed interest and will not let you suffer any loss. Since I have taken over Sihai Group, I will bear all the debts. It's just that I have the final say on how to repay it."

"Alas... I've heard that Director Yang is difficult to talk to, and it's true. No one can get money from you." Li Hang said helplessly.

This was not pleasant to hear, Yang Chen immediately said: “It’s New Year’s Day, Boss Li, don’t force me to scold you. Your debt has nothing to do with me. I didn’t exploit legal loopholes to default on your debt, which is a favor I have done to you, and you are still showing off to me. Do you believe that I will immediately arrange for Sihai Agricultural Hi-Tech to go bankrupt and liquidate, and you won’t get a penny?”

The law allows a limited liability company to only bear liability for part of its registered capital when it goes bankrupt. Although Wang Sihai has invested more than 500 billion yuan in agricultural high-tech business, the company's registered capital is only million yuan, and it has no fixed assets or executable assets. If it really goes bankrupt, Li Hang will not get a penny.

Although Yang Chen was a little arrogant sometimes, what he said was absolutely correct. The debt had nothing to do with him. He didn't legally default on the debt, which was already a grace to the creditors. The creditors should just burn incense. If it was someone with bad character, he would have defaulted on it if he could, and why would he give them the opportunity to talk nonsense here?

Li Hang quickly said, "Don't misunderstand, Director Yang. It's my fault. I didn't think before I spoke. But I really can't hold on any longer. How about you acquire my company through Sihai Group? Sihai Agricultural Hi-Tech has no money, but Sihai Group must have money, right?"

Acquiring a drone company seems like a good option.

Artificial intelligence will definitely develop better in the future, and artificial intelligence may replace human labor in all walks of life.

Setting up an artificial intelligence company and making drones, robots, and unmanned driving is indeed a very good business direction.

Yang Chen said: “Damn it, I’m already in such a difficult situation, and you’re still throwing the blame on me. Isn’t this going to kill me?”

Li Hang said quickly: "Too many lice don't itch, too much debt doesn't weigh you down, you're already 1 trillion in debt, a little more burden won't hurt. I don't want more from you, if you give me million in cash, I'll sell the company to you, and you can handle all the assets and debts. How do you think?"

“Fuck! You threw a pot at me and asked me to give you 100 million. How dare you ask that?” Yang Chen said.

"Then how much do you think is appropriate? You name a price and I won't bargain, is that okay?" Li Hang said.

“5000 million, no more!” Yang Chen replied.

"Deal!" Li Hang said immediately.

Grass!
It’s too high again.

Li Hang asked again: "Will you start work on the 8th? If you do, I'll go over and sign the contract with you."

“Haha… Shit! Work starts on the eighth day of the new year. Come over and sign the contract with me.” Yang Chen said with a smile.

"Okay! Thank you, Mr. Yang. I wish you a happy new year. I hope your business will get better and better, and you can pay off your debts as soon as possible." Li Hang said with a smile.

Yang Chen laughed loudly, and said: “Well, I’ll borrow your good words and wish you a happy new year. See you on the eighth day of the new year. Bye.”

After hanging up the phone, Li Hang jumped up happily.

Selling a company with debts of 5000 million and assets of less than 5 million for million is fucking worth it.

After selling it to Sihai Group, he no longer has to worry about the 5 million yuan debt.

What Yang Chen was interested in was Hangfei UAV's production line, existing customer resources, and the company's technical patents.

If Yang Chen were to set up a drone company himself, the initial investment would cost a lot of money, and the most important thing would be a waste of time. It would be more cost-effective to directly buy an existing company.

Of course, the most important reason is that Li Hang will provide Yang Chen with a reward, and this reward is definitely more valuable than the 5 million yuan debt.

At this time, the system issued a reminder.

"Detecting that the host refuses to repay the debt to Hangfei Company, the system rewards the host with [Full Intellectual Property Agricultural Drone Technology], effective immediately."

Haha ...

Now that you have a bowl, just fill it with rice.

A lot of technical parameters and drawings immediately emerged in Yang Chen's mind. After a few seconds, everything returned to normal. At the same time, a USB flash drive containing all the technical information appeared in his pocket.

Yang Chen stopped playing Zhajinhua and quickly went back to turn on his phone and plugged in the USB drive to check the information inside.

You won’t know until you see it, and you’ll be shocked. The USB flash drive contains hundreds of different types of drones, of different sizes, shapes, and functions. Some are suitable for spraying pesticides, and some are suitable for sowing.

"Very good, we can start production right away, saving a lot of time." Yang Chen said with a smile.

Soon the holiday was over and everyone returned to work.

Li Hang was really afraid that Yang Chen would go back on his word, so he came to Sihai Group early in the morning on Chuba to wait for Yang Chen.

“Damn it! How afraid are you that I’ll go back on my word?” Yang Chen said with a smile.

Li Hang quickly replied, "Haha... You know what, I was really afraid that you would go back on your word. To be honest, the company is most likely hopeless in my hands and can only die slowly. But in your hands, I think it can survive, otherwise I would not be willing to sell it to you for 5000 million. Don't look at it as it has a debt of 5 million, my total investment is also 5 million. But once it goes bankrupt and liquidates, I won't even have 5000 million, and I have to repay the 5 million debt. I dare not default on the debt like I told you, I'm afraid the creditor will hire a killer to kill me. You are lucky, the government is protecting you."

Yang Chen smiled and said: “It’s not for nothing that they protect me. I have to be valuable. If I have no value, you can see whether they will protect me or not.”

"Haha...that's exactly what I meant. Come on, let's sign the contract quickly. I'll leave this mess to you. I'll take the 5000 million and go back to my hometown to enjoy life." Li Hang said with a smile.

Yang Chen smiled, and immediately signed a contract with Li Hang to acquire the Hangfei UAV company.

After the signing of the contract, Li Hang went home happily and waited to receive the money.

Yang Chen called Chen Xi over and instructed: "Transfer 5000 million to Li Hang's account through the Sihai Group's account, and then change the Hangfei UAV to Sihai Intelligent Co., Ltd. In addition, call Bai Zhi, Gao Ya, and Huang Wei in."

Chen Xi nodded and hurried out to do his work.

Bai Zhi, Gao Ya, and Huang Wei walked in with smiles on their faces.

"Mr. Yang, you're looking for us. Just tell me if you need anything." Huang Wei said with a smile.

Yang Chen waved his hand, and the three of them immediately understood and ran over and squeezed into Yang Chen’s arms.

While Yang Chen was touching their bodies, he smiled and said, "I'm going to set up an artificial intelligence subsidiary soon. Who among you three is willing to be the president?"

The three of them immediately said in unison: "I do!"

Yang Chen smiled and said, “I knew that the three of you are willing. However, who gets this opportunity depends on your performance. I haven’t seen you for a Spring Festival, I miss you.”

The three of them immediately understood what he meant and stood up and put their hair up.

(End of this chapter)