I have a debt of 3 trillion, and my creditors are begging me not to die.
Chapter 157: A set of combined punches, the fruit group is in a huge crisis
Chapter 157: A combination of punches, the fruit group is in a huge crisis
Kurk was a man who listened to advice, so he immediately notified Europe to ship the mobile phones to the Longguo market and sell them to Longguo's loyal Apple fans. After all, the Apple fans there were willing to buy a thimble for 60 yuan, so he overcame this small problem by himself.
The European Union refused to accept fruit mobile phones produced in India that exceeded the E. coli standard. The fruit department decided to transport the fruit mobile phones produced in Longguo to Europe. The news of transporting mobile phones produced in India to Longguo soon spread to Longguo.
Fruit users, who had already been ridiculed, are in trouble again.
"Hahaha... I am dying of laughter. Good news for Apple fans. The shit-smelling Apple phone from India is coming. Remember to support it."
"If I were an Apple fan, I would smash my phone immediately and hate Apple forever. It's obvious that they look down on the Longguo market and don't treat the Apple fans here as human beings."
"If these Apple fans can still adapt, I will really look down on them. Even if this batch of mobile phones is disinfected and sterilized before being transported in, Apple fans will still pay for it. I will look down on them for the rest of my life."
"As for mobile phones, what brand can't be used? Most people can use a thousand-yuan phone, why do you have to be so cheap? It's impossible to destroy so many phones. At most, they will be disinfected and sterilized, and then sold to the Longguo market. Our aircraft carrier has already launched three babies, when will you be able to stand up? Longwei phone, Rice phone, which phone of the same price is not more technologically advanced than Apple phones? The only thing left for Apple fans now is no lag, right?"
……
Even loyal Apple fans can't stand this. Although some people's words are a bit extreme, their logic is absolutely correct. The mobile phones that the EU doesn't want are sold to the Chinese market. This clearly shows that they don't treat Chinese users as human beings. Even if these mobile phones are disinfected and sterilized before being shipped in, they still don't treat Chinese Apple fans as human beings.
Many long-time users of Fruit no longer support Fruit this time and have switched to Samsung or domestic mobile phones.
The fruit technology department worked all night but failed to solve the problem of false 5G labeling through system upgrades, so don't blame the market for voting with its feet.
When the Bald Eagle stock market opened, the fruit stock price fell 5 points directly.
You have to know that the market value of fruit is 4 trillion Eagle Coins, and 5 points means 2000 billion Eagle Coins are gone. This loss can be said to be very heavy.
Kurk stared at the handicap in a daze, no longer having the arrogance and confidence he had before.
However, this is just the beginning.
You should know that this is not the first time that India's domestically produced fruit phones have been supplied to Europe, but Europe just happens to refuse to accept fruit phones at this time. There is obviously something fishy about this.
Just now, new news from the EU has been coming out one after another.
The European Union will fine Apple about 18 billion euros for allegedly failing to inform users that there are cheaper alternative music streaming apps outside the App Store, violating EU antitrust rules.
Along with the fruit company, Google was also investigated by the EU for antitrust violations and was fined 24 billion euros.
Google and Apple are the star technology companies that Apple has focused on building. The impact of these two companies being investigated by the EU antitrust investigation is not only that the stock prices of these two companies will fall, but it will also lead to an overall decline in the technology sector of the Apple stock market, and then lead to a decline in the entire Apple stock market. The decline of the entire stock market will crush the mentality of institutions and retail investors, and then cause them to sell Apple stocks in large quantities, further accelerating the decline in Apple's stock price and forming a vicious circle.
This is not over yet.
The European Union requires Apple to provide third-party app stores to developers and not charge App Store fees. Since Apple disagrees with this, the EU decided to fine Apple 10 billion euros.
Many people don’t know that there is a “fruit tax” on Apple phones. For example, when recharging Douyin, Android users can get 1 Douyin coins for 10 yuan, while Apple users can only get 1 Douyin coins for 7 yuan. The remaining 3 Douyin coins are collected by the Apple company.
Obviously this is not fucking reasonable at all, and the EU is going to crack down on this regulation on fruit.
Apple phones make a net profit of about US$223.4 billion from the "fruit tax" every year, equivalent to 1608 billion Dragon Coins, while the Dragon country market contributes about 400 billion Dragon Coins, accounting for a quarter of the total cost.
For the same hotel, air tickets, etc., an Android phone is much cheaper, while an Apple phone is half the price.
So Apple fans in Dragon Country are all the wronged, and no wonder so many people mock them.
The EU's action was not over yet, and news came out soon.
The European Union has ordered Dublin to recover up to €130 billion in back taxes from fruit companies, arguing that they received "illegal" tax breaks from Ireland over the past two decades.
If this series of fines and tax recoveries are fully implemented, the fruit group's performance this year will be very ugly.
Anyone who trades stocks knows that stock trading is all about expectations. Once the market expects that a company's performance will be poor, investors will sell its stock without hesitation.
Look, the fruit's stock price has fallen by 15%, and 6000 billion Eagle Coins are gone.
Kurk angrily slammed the table and shouted: "Are those idiots in the EU mentally ill? Didn't they agree not to target us? Why are they announcing this at this critical moment?"
The secretary quickly said, "I have sent a notification letter to the EU, asking them to immediately withdraw these penalty announcements. We can sit down and talk it over after this period of time. However, I haven't received their reply yet, so I don't know if they will agree. I suggest that you contact the European Commission in person to have a chat. They will definitely give you face."
Kurk nodded and accepted the secretary's suggestion, and immediately called Rodin, the head of the European Commission.
"Mr. Rodin, what's going on? Didn't we agree that you wouldn't mess with us? Why are you issuing this kind of announcement at this critical juncture? Were you bribed by Yang Chen?" Kurk asked straight to the point.
Roden smiled and replied: "Mr. Kurk, don't get me wrong, we have no connection with Yang Chen. I even only know his name, but I don't know him as a person. We are punishing the Fruit Group out of our responsibility to the European people, and everything is legal and compliant. If you do not agree with our punishment, you can file a lawsuit with the EU Supreme Court within 6 months, and we will definitely respond."
“Yang Chen is shorting the Fruit Group. Aren’t you issuing this announcement targeting him? Can you withdraw the announcement? Wait until I defeat Yang Chen, and then we can sit down and talk slowly, okay?” Kurk asked.
Roden immediately replied, "No! If an announcement with our official seal can be revoked, then what has become of our EU? People all over the world say that we in Europe are your bald eagle's younger brother. If this announcement is revoked again, we will be confirmed as your younger brother. How can we explain to the European people? There is no room for negotiation on this matter. You either pay the fine or go to court with us."
After saying that, Roden hung up the phone without giving Kurk a chance to continue speaking, fully expressing the EU's firm attitude.
Kurk was a little defensive, so he quickly contacted Bald Eagle Commerce Department's Ravington and asked her to come forward to communicate with the EU and convince it to revoke the penalty announcement.
The Fruit Group is the star technology company of the Bald Eagle Family. The drop in its stock price will not only mean that shareholders will lose wealth, but more importantly, it will damage the Bald Eagle Family's basic national policy of building a financial country. The Fruit Group's stock price must be maintained at all costs.
Although the market value of the Fruit Group has fallen by 6000 billion Eagle Coins, there are still 3.4 trillion Eagle Coins left. It is not realistic to increase the stock price by increasing holdings with such a huge market value. If there is less, it will not be effective, and if there is more, there is not enough money. The only feasible way is to rely on performance and policies to forcibly reverse the decline in Fruit's stock price.
Raventon immediately contacted the EU to seek negotiations, and even resorted to threats to force the EU to compromise.
However, the EU is determined to use the fruit group as a sacrifice and is determined not to accept peace talks. It demands either payment, prosecution, or leaving the European market.
At 9 o'clock in the morning in Longguo Beijing time, Yang Chen came to the company and saw the relevant news reports.
Chen Xi made a cup of tea for Yang Chen and brought it over, saying with a smile: "The EU is quite cooperative with us, they are really sensible."
"Haha... Fruit Group makes a net profit of more than 200 billion Eagle Coins every year from the fruit tax. Europe is one of the main markets for fruit phones. Europeans must have long been fed up with the fruit tax. Last year, I saw news that the EU was going to take action against fruit. I estimated that the result would come out around February or March this year, so I extended the period of shorting Fruit Group to now, waiting for the EU's penalty announcement. I will increase the intensity of Fruit Group." Yang Chen said with a smile, and drank a sip of tea happily. Yang Chen called Wang Wenkang and said, "Mayor Wang, communicate with the relevant departments again, and seal up all the 5G version mobile phones in the fruit specialty store. You don't have to really do anything to them, just seal them where they are."
Wang Wenkang smiled and said, "No problem. But you have to move faster and not have too much impact. After all, we still have many workers who make a living by assembling Apple phones. Do you understand what I mean?"
Yang Chen replied: “Understand! I am trying to scare the investors in the stock market, not really wanting to kill the fruit. We scare them like this, so that they know that we are giving them food to eat, and we are no longer begging them to come to us to produce.”
Wang Wenkang agreed and said, "That makes sense. Once Sihai Industrial Park is built, we will be more confident when negotiating with foreign investors. We don't have to compromise to solve the employment problems of the grassroots people. OK, that's it. I will contact the various departments now."
The Longguo market acted very quickly, and the relevant departments immediately issued an announcement to punish fruit mobile phones, requiring fruit mobile phone stores across the country, including online platforms such as Jingdong, to seal up all fruit mobile phones, and not allow them to be sold or transported.
After Yang Chen saw the relevant news, he smiled and called Penguin Pony.
"Mr. Yang, you're awesome. Only you dare to do Sanxing and Fruit together. No one else would have the courage to do this." Xiao Ma Ge said with a smile.
Yang Chen laughed loudly, and said, “I’m under a lot of pressure too, so I’m here to seek support from Boss Ma.”
Brother Xiao Ma immediately said, "President Yang, please let me know if you need anything. I will definitely do my best to help you!"
“You see, the EU has issued a penalty notice regarding the fruit tax, and has required fruit companies to lower their fruit taxes and allow third-party apps to enter app stores for free. We should also follow suit. After all, we Dragon people are no less than Europeans. Don’t you think so?” Yang Chen said.
Brother Xiao Ma asked again: "Well, Mr. Yang is right, so what do you want me to do?"
Yang Chen ordered: "Doesn't the fruit phone charge a 30% fruit tax on WeChat? You require the fruit company to cancel the fruit tax on WeChat, otherwise WeChat will not be installed on the fruit phone."
To be honest, Xiao Ma was quite scared.
According to the mobile phone industry market share data, there are approximately 200 million people in China using Apple phones. Among them, there is one person who has multiple Apple phones, and another person who has multiple brands of phones. Considering these two situations, there are at least more than 100 million people using mobile phones.
If it messes up, WeChat will lose a market of more than 100 million people.
Xiao Ma Ge didn't answer immediately, Yang Chen knew that he was a coward.
Yang Chen smiled and comforted, "Boss Ma, you have to have confidence in your own products. We have more than 12 billion people using WeChat, why are you afraid of the 1 million plus? Now work, study, parent groups, etc., all rely on WeChat, WeChat Pay and Alipay almost share the payment market. If WeChat and Apple really break up, many people will definitely abandon their mobile phones. This is a burden that Apple cannot bear, and Apple will definitely compromise."
Nowadays, many bosses and executives basically no longer use fruit phones. Subordinates and employees can only adapt to the bosses. It is impossible to ask the bosses to accommodate the employees who use fruit phones, right?
Therefore, those working people who use Apple phones must give up using them, and don’t even think about buying an Android phone, because they are all working people. If it is not necessary for work, how many people would be willing to keep two phones?
As long as WeChat is firm in its attitude, the fruit side will definitely compromise. Even if the fruit tax is not abolished, the tax rate will definitely be reduced to a level similar to that of the EU.
Xiao Ma hesitated for a while and then said, "It's not impossible, but I need Director Yang to do one thing before I can boldly confront Guo Guo."
"What's the matter, Mr. Ma, please tell me." Yang Chen asked.
Xiao Ma Ge immediately replied: "You can find a way to get some government departments and institutions to issue a notice, suggesting that staff members should not use Apple phones. This one sentence is enough, and I can do it easily."
Yang Chen laughed loudly, and said, “I thought it was something else, it’s a small matter, I agree.”
Xiao Ma Ge immediately said, "Okay! Let's make it a deal. When I see the announcement, I will immediately issue a notice demanding that Apple cancel its fruit tax. Otherwise, WeChat will refuse to be installed on Apple phones."
Yang Chen hung up the phone and was about to call Wang Wenkang when Chen Xi ran in excitedly.
"Director Yang, look, a notice has been issued. Government agencies have banned the use of foreign brands of mobile phones, such as Apple phones, because Apple phones can transmit the personal privacy of hundreds of millions of people in the Dragon Country market back to the Bald Eagle headquarters. This announcement is really timely." Chen Xi said excitedly.
Yang Chen quickly searched the Internet and found out that there really was such an announcement.
“Haha…Just now Brother Xiao Ma asked me to find a solution, but there’s no need to think of a solution at all.” Yang Chen said happily.
As soon as he finished speaking, Xiao Ma Ge called.
"Hello, Mr. Yang, you are so fast! The announcement came out just after I hung up the phone." Brother Xiao Ma said with a smile.
Yang Chen laughed loudly and said, “Don’t make a fuss. I haven’t even made a move yet, but the announcement has already come out. Now you know our attitude, right? Just do it boldly.”
Xiao Ma also laughed and said, "No problem, we will unswervingly follow the national policy."
"Ha ha……"
After hanging up the phone, Pony Ma immediately ordered the WeChat business department to issue an announcement refusing to pay the fruit tax. Either the fruit group would cancel the fruit tax on WeChat, or WeChat would no longer provide services to fruit phone customers.
After the announcement was issued, the WeChat business department also sent a notice letter to the Fruit Group headquarters, requiring the other party to send someone to negotiate within one week. If the other party does not send someone to negotiate, WeChat will assume that the Fruit Group is unwilling to cancel the fruit tax, and WeChat will no longer provide services for Fruit phones.
The topic "WeChat refuses to pay fruit tax" quickly became a hot search topic on platforms such as Weibo and Douyin, and netizens rushed to watch the fun.
"Penguin really keeps up with the times. Just as we banned government agencies from using Apple phones, it followed suit and imposed a hard tax on fruit."
"Oh my god, are they trying to kill the fruit? Europe just swung down a big stick, and we in Dragon Country are following up with a combination of punches."
"If the fruit company doesn't die, it will be seriously injured. The stock price will definitely plummet. Boss Yang wins again."
"I want to write a big "謝" to Boss Yang. Damn, how did he predict these things? Didn't many so-called digital bloggers and financial bloggers analyze that Boss Yang would definitely fail in this short selling? They said that the Fruit Group was so strong and its performance was so good, and that it was a star company of the Bald Eagle family, so no one could succeed in short selling. What do you say now? Does your face hurt?"
"To be honest, I have always looked down on Penguin, because they only know how to make games that harm minors. The key is that they can only imitate and plagiarize, and they have no originality at all. But! This time I stand firmly on the side of Penguin, and I should say no to fruit! Damn, why do you charge us a 30% fruit tax? Do you know how I felt when I found out that Android phones charge Douyin coins for 1 coins for 10 yuan, while fruit phones charge Douyin coins for 1 yuan for 7 coins, and that the same takeout on fruit phones is half the price of Android phones? Damn, if this phone wasn't so expensive, I would feel so sad to throw it away, and I really want to throw it away."
……
To be honest, no matter what the purpose of Penguin's tough confrontation with the fruit group is, as long as they succeed, the ones who benefit will be the fruit phone users. Even if the fruit tax cannot be completely abolished, lowering the tax rate to the same level as the EU will also benefit the fruit phone users.
It was already late at night in Bald Eagle, but the fruit company headquarters was brightly lit and vehicles kept coming.
President Kurk stared at the big screen with a gloomy face as the news scrolled from the Longguo market about the ban on fruit phones, the sealing of fruit phones, and WeChat's request to cancel the fruit tax.
No one in the conference room dared to speak and the atmosphere was very depressing.
(End of this chapter)
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