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

Chapter 365 Yang Chen goes to Beijing to attend a symposium, and the bigwigs line up to welcome him.

After hearing what Guo Benchang, the head of the Ministry of Agriculture, said, the CEOs of pesticide companies such as Andaomai smiled happily.

If the agricultural authorities handle this fairly, Sihai Agricultural High-Tech will definitely suffer a big loss this time.

After the press conference, Guo Benchang directly contacted Wang Mo, the director of the Gene Research Institute of Longke Academy, and Zhang Changcun, the director of the Academy of Agricultural Sciences, asking them to conduct authoritative testing on Sihai Agricultural High-tech's gene pesticides and provide a professional, impartial, and authoritative report.

Dr. Li Zhang, chief researcher at Sihai Agricultural High-Tech, has already sent samples to the two individuals; they can simply follow suit.

Subsequently, the relevant departments issued a penalty decision against Sihai Agricultural High-tech, fining them 20 yuan and ordering them to rectify the situation. If the professional report shows that they engaged in false advertising, they will be subject to further penalties.

The 20 yuan fine is practically nothing, but the promise of further punishment if false advertising is found has silenced the CEOs of the pesticide companies. Now all they need to do is patiently wait for an authoritative report to expose the false advertising by Sihai Agricultural High-Tech Group.

The capital market has absolute trust in Yang Chen's reputation, so the stocks of companies like Andaomai plummeted at the opening and hit the daily limit down before 11 a.m.

Since stock trading is all about anticipation, the capital market believes that Yang Chen wouldn't engage in false advertising, and that his gene-based pesticides must be genuine. Once listed, they can seize the entire pesticide market, inevitably causing the performance of companies like Andaomai to plummet, and their stock prices to naturally fall.

Three days later, the Academy of Agricultural Sciences and the Gene Research Institute simultaneously released their test reports, which could be summarized in just two sentences.

First, the gene-based pesticides produced by Sihai Agricultural High-Tech have a 100% insecticidal rate.

Secondly, the gene-based pesticides produced by Sihai Agricultural High-Tech are indeed only effective against specific pests and are harmless to other organisms, including humans.

Theoretically, it is not recommended for people to drink it, but if someone accidentally drinks it, it will not cause any harm, just like drinking cola or other soft drinks.

Both reports bear the official seals of their respective organizations, so their authority is beyond question.

The reports from these two organizations immediately became trending topics online, with netizens flocking to leave comments and share their observations.

"Won't anyone question the authority of these two organizations?"

"Given Mr. Yang's current status and wealth, it's impossible for him to engage in fraud, especially fraud that would harm people's lives. I have no doubt about the authenticity of the genetically modified pesticides; the reports from these two organizations are completely unnecessary."

"I never imagined that genetic engineering could be used in this way. If this trend continues, will we soon be able to create poisons that are only effective against a specific ethnic group? That's terrifying! Luckily, it was our engineers who developed it. If foreigners had developed it, I would be really scared."

"Boss Yang is really awesome. He researches pesticides himself to farm. Is he going to research super fertilizer next? In short, no other company can make a penny off him."

"Mr. Yang is trying to single-handedly push human civilization to a higher dimension."

……

Not only netizens came to join in the fun, but major media outlets also rushed to report on Sihai Agricultural High-Tech's gene-based pesticides. Yangshi first broadcast a related report in its news program, and later opened a special column on its agricultural channel to report on gene-based pesticides.

The next morning at nine o'clock, the agricultural department released its investigation report and penalty plan for Sihai Agricultural High-tech.

Sihai Agriculture High-Tech violated relevant laws and regulations by inviting celebrities and research teams to advertise and promise the effects of pesticide products. Law enforcement authorities decided to fine Sihai Agriculture Group 20 yuan and order it to submit a rectification report.

The agricultural department commissioned the Academy of Agricultural Sciences and the Gene Research Institute to conduct professional and authoritative testing on the gene-based pesticides produced by Sihai Agricultural High-tech Group. After professional testing, the two research units issued an authoritative report proving that the gene-based pesticides produced by the group are indeed only effective against the corresponding pests and are ineffective against other organisms. They will not cause any harm if humans accidentally ingest them.

The agricultural sector is advocating for the nationwide promotion of gene-based pesticides to avoid the harm to human health and environmental pollution caused by traditional pesticide residues.

Affected by reports from the Chinese Academy of Agricultural Sciences and the Gene Research Institute, the stock prices of companies such as Andao Wheat fell to the daily limit again.

Now the bosses of companies like Andaomai can finally breathe a sigh of relief. They were originally expecting an authoritative institution to issue a report proving that Sihai Agricultural High-tech Group had engaged in false advertising, but now it has become an authoritative institution helping Sihai Agricultural High-tech Group prove the authenticity of its gene-based pesticides.

They now only have two paths to take.

First, abandon the pesticide business and develop other businesses.

Second, they requested Yang Chen's authorization to produce and sell gene-based pesticides. They could earn less, as long as they could keep the business.

Obviously, no one wants to give up a market worth hundreds of billions every year; earning less is better than not earning at all.

Immediately, the CEO of Andaomai Company contacted the CEOs of other companies in the same industry and jointly submitted a request to the relevant departments, hoping that they could help them contact Yang Chen to discuss whether they could be authorized to produce and sell gene-based pesticides.

These companies have many employees to support, and the relevant departments naturally didn't want to see them lay off a large number of employees, so they agreed to their request and helped them contact Yang Chen to negotiate.

In fact, they don't need to worry so much, because Yang Chen's main target is still the overseas market, and the domestic market will still be left to other companies.

Therefore, Sihai Agricultural High-Tech had already issued an announcement before they contacted Yang Chen.

"We thank the agricultural departments, agricultural research institutes, gene research institutes, and other organizations for their verification. We have violated relevant provisions of the Advertising Law and accept the penalties imposed by the relevant departments. In addition, our main market remains overseas. As instructed by Chairman Yang, our company will select 10 companies to authorize the production of gene-based pesticides. For specific matters, please contact our company for discussion and negotiation."

The announcement quickly attracted a large number of comments from netizens.

"As expected of Boss Yang, his ideological awareness is truly unmatched by ordinary people. He is the entrepreneur with the highest ideological awareness in history, without exception."

"If it were me, I definitely wouldn't authorize other companies to produce it. I can't understand Mr. Yang's thinking. Although he's not short of money, it's still their research achievement. Are they just going to let others use it like that?"

"Hypocritical! He's not noble or ideologically sound; he's afraid! Why is he afraid? Think about it: once this pesticide hits the market, it will quickly monopolize it. Then the market supervision department will launch an anti-monopoly investigation against him and fine him tens of billions. How painful would that be? Moreover, if he monopolizes the pesticide industry, all the other companies will go out of business. What will happen to the employees of those companies? So many employees will lose their jobs all at once; there will be trouble. Rather than being punished by the relevant departments or even forced to hand over the formula, he might as well take the initiative."

"Damn it! You can even see trolls online maliciously speculating about Mr. Yang. There are all sorts of birds in a big forest. Mr. Yang is practically giving money away to the whole country. He's done all that, and you still want to smear him? Have you lost your conscience?"

Andaomai and other companies immediately sent teams to Sihai Agricultural High-tech Group to discuss cooperation.

Yang Chen was in a hurry to take a private plane to Beijing to attend this year's entrepreneurs' symposium, so he only gave the CEOs of Andaomai and other companies five minutes to meet with them.

Yang Chen got straight to the point: "Welcome everyone to Sihai Agricultural High-Tech. I'm short on time, so I'll keep it brief. I'm willing to share our gene-based pesticides to take care of your company's employees. However, to protect our technical secrets, we won't hand over the technology to you. We'll be responsible for producing the pesticides and then transporting them to your factory for bottling. The product price will be uniform nationwide, and after deducting all costs, you'll receive a 55% share of the net profit from each sale. Does everyone understand?"

An Dao Mai Chairman Qian Xinde asked, "So, what is the approximate net profit of the products we sell?"

Yang Chen replied, “Let’s take aphid-specific pesticides as an example. Your net profit per bottle is about 8 yuan. We take 4 yuan, and you keep 4 yuan. Other pest-specific pesticides have roughly the same profit margin. To ensure your sales volume, Sihai Agricultural High-Tech will strictly control the shipment volume of its own brand of pesticides, letting you take the majority of the market. We estimate that your revenue and profit will increase by at least 30%. However, I have conditions: you must pay your employees above the industry average and you cannot arbitrarily dismiss them. As I said, the reason I’m producing for you is to ensure that your employees don’t suffer widespread unemployment. If you can’t guarantee this, I have no reason to share with you. I need stability in the domestic market so I can confidently expand into overseas markets. For me, making money is no longer meaningful; what I pursue is a sense of accomplishment. Do you understand what I mean?”

Qian Xinde and the others immediately nodded in response.

Yang Chen nodded, then said to Guo Haizhou, president of Sihai Agricultural High-tech Group, "Mr. Guo, I'm leaving it to you. I have to go to the airport."

Guo Haizhou quickly replied, "Okay, Chairman Yang, leave this to me, you don't need to worry about it." Yang Chen nodded, waved to Qian Xinde and the others, and then went out to take a helicopter to Haicheng Airport.

Yang Chen has already explained the general plan; the remaining details can be discussed with Guo Haizhou.

As soon as Yang Chen arrived at the airport, Prince Holdan of the Sand Kingdom called him.

“Mr. Yang, we’ve finalized the deal. We can finalize the 1.2 trillion Eagle Coin project now. When are you free? We’ll come over to sign the contract with you. We won’t ask how you do it, we’ll only look at the results,” Holdan said.

Yang Chen said happily, "Sure! I'm coming to Beijing to attend a symposium and will be back in Jiangcheng before dark tomorrow. You can arrange a time to come and sign the contract."

Holdan replied, "Alright! We'll go tomorrow night and sign the contract the day after. I won't bother you anymore, bye."

"Okay. See you the day after tomorrow!" Yang Chen replied, and then hung up the phone.

Yang Chen laughed happily, and Chen Xi, who was standing next to him, immediately asked, "What's wrong? Why are you so happy?"

"The 1.2 trillion Eagle Dollar project in the Sand Kingdom has been finalized, and they'll be here tomorrow night to sign the contract. We'll use Leyard as a practice project to gain experience, and then we'll also develop Jiangcheng into a city of the future," Yang Chen replied.

Chen Xi exclaimed with delight, "It's really confirmed! Which company are you going to give this huge project to?"

Yang Chen immediately declared with great ambition, "This one deal will give Sihai Real Estate a fresh start. I'm going to show the whole world how I turned a company with 3 trillion in debt into one with 3 trillion in net profit in just five years. Haha..."

"My husband is amazing! Hehe..." Chen Xi said with a look of admiration.

Yang Chen joked, "When you're working, you use your job title!"

Chen Xi immediately smiled and changed her tune, saying, "My boss is awesome!"

"Haha..." The two burst into laughter.

A little while later, Jiang Wenming also called Yang Chen.

"Chairman Yang, we've finalized things on our end. The Sand Kingdom says they'll give you the project. You should negotiate with them carefully. This is a super big project; Chairman Yang is going to make a fortune again. Haha..." Jiang Wenming said happily.

Yang Chen laughed heartily and said, "This is entirely due to the support of the country."

Jiang Wenming immediately said, "That depends on Chairman Yang's own efforts; otherwise, the country's support is useless. That's settled then. I have to rush to the airport to return home and report to my superiors. Bye."

Yang Chen hummed in agreement and then hung up the phone. He needed to hurry and board the plane to Beijing.

Upon learning that Yang Chen's private jet would land at 18 p.m., entrepreneurs and relevant department heads from Beijing arrived at the airport in advance to welcome him.

At 18:18 PM, Yang Chen stepped off the plane.

The people waiting for him at the bottom of the gangway immediately waved excitedly at him, and Yang Chen waved back as he walked down.

"Mr. Liu, what brings you here? I'm a little embarrassed," Yang Chen said with a smile.

Mr. Liu from Jingdong laughed heartily, shaking hands with Yang Chen as he said, "So many people want to see Chairman Yang, I have to take the initiative. I've already made arrangements; let's go straight to dinner and talk to Chairman Yang about some business."

Yang Chen smiled and nodded, saying, "Haha... Mr. Liu has gone to so much trouble again."

Yang Chen then shook hands and greeted the other company executives one by one. Regardless of whether there was a chance to cooperate, they had come to welcome him, so he had to give them the respect they deserved.

At 18:50 PM, Yang Chen finally left the airport and went to have dinner with General Manager Liu. Also present were General Manager Wang from Yida Group, General Manager Luo from Dami Group, and other prominent entrepreneurs.

In addition, the heads of central and state-owned enterprises such as Beijing Urban Construction Group, Longguo Transportation Construction, Longguo Railway, and Longguo Railway also went together.

The bosses invited Yang Chen to sit in the seat of honor. After he took his seat, the other talents took their seats in order of seniority.

After eating some food and drinking some wine, the atmosphere had become lively enough. Mr. Liu, who was hosting the dinner, spoke first with Yang Chen about business.

"I heard that Chairman Yang is going to cooperate with the Sand Kingdom to help them dig a canal and transform their Liad into a city of the future. We're thinking of going there to deliver packages and takeout, and also to open Jingdong's online and offline stores there. I wonder if Chairman Yang could help us make the connection?" General Manager Liu asked expectantly.

Yang Chen smiled and nodded, saying, "Sure, I don't do these kinds of jobs. It's better to have our own people do them than to let outsiders do them."

Mr. Liu immediately raised his glass and said, "Thank you, Chairman Yang. I knew you would help me with this. Let's discuss the details of the cooperation later. You should at least get half of the profits from this deal. Is that alright?"

Yang Chen laughed heartily and said, "Whatever President Liu says goes."

"Haha... Alright! Come on, let me toast Chairman Yang. Cheers!" General Manager Liu said happily, raising his glass and downing it in one gulp.

Then, Mr. Wang, the general manager of Yida, spoke.

"Chairman Yang, let me toast you first," Old Wang said.

Yang Chen said with a smile, "President Wang, please don't be so polite. Just get to the point."

Old Wang nodded, drank the wine in his glass, and then began to speak.

To show respect, Yang Chen picked up his glass and took a sip as a gesture. After all, there were so many CEOs present; if he really drank that much, he would drink until he vomited if each person had a glass.

Old Wang said, "I signed a performance-based agreement with the investors, guaranteeing that Yida Commercial Management would go public. But the IPO failed. According to the agreement, I have to buy back the shares held by the investors at a 30% premium. Plus, the company's debt ratio is a bit high, and we urgently need to reduce the pressure. Now I can only sell Yida Plaza to raise funds. I've talked to several potential buyers, but they've all been pushing the price down so much that it's impossible to sell. I was wondering if Chairman Yang could give me a slightly discounted price to buy it. With your reputation and capabilities, you should be able to take Yida Plaza to the next level after you buy it."

To be honest, Yang Chen really had no interest in running a shopping mall.

However, since Lao Wang had spoken, it was difficult to refuse him out of politeness.

"We can consider this. Let's talk about it properly sometime. Okay?" Yang Chen said.

Old Wang immediately replied, "Okay! I'll do as Chairman Yang says. Thank you." (End of Chapter)

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