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

Chapter 393 A cabbage-priced lithography machine snipes ASML, do you still dare to say we can't

Ultimately, the Bald Eagles couldn't withstand the condemnation from African countries at the United Nations General Assembly, nor could they resist the overwhelming pressure from domestic and international public opinion. So they pushed out Boris Jones, the head of the Meteorological Bureau, to take full responsibility.

Boris Jones couldn't handle such a huge burden, so he simply quit to avoid having to take the blame for other things later.

Given the strength of the United States, the fact that they gave such a response is already quite considerate of African countries. Expecting them to actually make any compensation or issue a public apology is absolutely impossible.

However, through this incident, African countries have gained a better understanding of Yang Chen's capabilities. Countries that were previously hesitant about cooperating with Yang Chen no longer have any doubts.

Sure enough, at the United Nations General Assembly, African countries directly asked the Chinese representative for Yang Chen's contact information. They all wanted to invite Yang Chen to farm or mine in their countries, or to make other investments.

Soon Yang Chen received a call from Rashid, the head of the agricultural department of the Pharaoh's Kingdom.

After Rashid revealed his identity, he got straight to business.

“Mr. Yang, we would like to invite you to invest here, whether it's farming, mining, or any other investment. As long as you are willing, the terms are negotiable,” Rashid said.

"That depends on how sincere you are. How much land and mineral resources can you rent to me?" Yang Chen replied.

Rashid replied, “We only have 60 million mu of arable land, so it’s important to make the most of it. We can offer 30 million mu to Mr. Yang for cultivation. In addition to paying rent, Mr. Yang must also guarantee to provide us with super seeds for the remaining 3000 mu. We have abundant natural gas reserves, with proven reserves reaching 60 trillion cubic meters. We also have other metallic and non-metallic minerals, although not very abundant, but they are all minerals that Mr. Yang can use. If Mr. Yang is willing, we can offer all these minerals for joint development. We can sit down and discuss the specifics of how to allocate shares and profits.”

Yang Chen smiled and said, "It does sound good, quite tempting."

“Haha…of course. We believe in Mr. Yang’s capabilities and are ready to cooperate with him this time,” Rashid said.

Yang Chen smiled slightly and said, "If we really go to your place to invest, the Suez Canal will be especially important to us. I also need to invest in the Suez Canal, at least sell me 5% of the shares. If you agree to this condition, I will send a team to discuss each cooperation project with you in detail."

Rashid laughed heartily and said, "Our president anticipated that you would raise demands regarding the Suez Canal, and he also indicated that he could sell you some shares. However, whether we can get 5% is uncertain; we need to sit down and discuss it thoroughly. This is a massive project, and we need to consider the outcomes of negotiations for all projects before deciding how many shares to give you. But I can assure you now that we can definitely sell you Suez Canal shares; you don't need to worry about that. Also, you understand the complex situation on our side; security issues need to be resolved by yourselves. Is that alright?"

To put it bluntly, the Pharaoh's Kingdom is envious of the unmanned combat brigades of countries like the Sand Kingdom, but they can't afford to spend money like the Sand Kingdom to buy them. So they can only "get" Yang Chen's unmanned equipment for free through this method.

If we can gain some control over the Suez Canal, ships bound for Europe can confidently pass through the Red Sea and then the Suez Canal into the Mediterranean Sea before finally reaching Europe. This would save a lot of time and distance compared to going around the Cape of Good Hope and around the entire African continent before reaching Europe.

Yang Chen had to admit that the conditions offered by France were quite attractive, and he really wanted to do something with them.

As for unmanned equipment, it's nothing compared to the cooperation opportunities offered by the Pharaoh's Kingdom.

As long as the negotiation results are very favorable to Yang Chen, it wouldn't be a problem to give them an unmanned combat brigade for free. After all, the cost will eventually come from the land and mineral resources of the Pharaoh's Kingdom.

"No problem! I'll send a team over immediately to discuss this in detail. You should also form a negotiation team as soon as possible, don't waste any time," Yang Chen said.

Rashid immediately replied happily, "Great! We'll wait for Mr. Yang's team to arrive. Haha..."

Subsequently, officials from relevant departments in Algeria, Tunisia, Sudan, and other countries called Yang Chen, all extending sincere invitations for him to invest.

Yang Chen did not expect that the team dealing with Typhoon Bald Eagle would receive so many unexpected surprises. Previously, when he contacted these countries to lease land and mineral resources, they either refused outright or said they would think about it carefully.

Now that they finally realize who the best is, they no longer hesitate.

Yang Chen's actions can be considered a unique form of territorial expansion, since he holds the right to use the land granted by these countries for the next 50 years.

Yang Chen immediately sent emails to Guo Haizhou, president of Sihai Agricultural High-Tech, and Li Changxiu, chairman of Xingchen Mining.

"Mr. Guo, Chairman Li, many countries in Africa want to lease land and mineral resources to us. Please send a team to negotiate. Especially the Pharaoh's Country; we must give them priority. I've attached the list; please take a look. Please reply upon receipt."

The heads of both companies were thrilled by such a large project and quickly replied to Yang Chen's email.

"Received! Will be done immediately!"

"Received! Will process immediately!"

The benefits of this event continue to emerge.

Jiang Wenming, the military official in charge, called Yang Chen.

"Chairman Yang, we are very interested in your typhoon generator. We'll go over there tomorrow, could you give us a demonstration?" Jiang Wenming asked.

Yang Chen replied, "Of course! What, you want to purchase this technology?" "Haha... Yes! Several major countries are researching weather weapons. If we can get the typhoon generator and use it directly, of course we'd like to purchase it. Then it's settled. We'll definitely be there before nine o'clock tomorrow morning. Please arrange everything, Chairman Yang. After we've checked it out, we can discuss the purchase details." Jiang Wenming replied.

Yang Chen smiled and said, "No problem! Come on over, I'll arrange it right away."

After hanging up the phone, Yang Chen immediately called the typhoon team and ordered them to prepare to demonstrate the typhoon at sea for Jiang Wenming's delegation the next day.

Around lunchtime, Chen Lan, the president of Sihai Electronics, came to find Yang Chen.

“Chairman Yang, our lithography machines are ready and available for sale. However, are you sure you want to price them so low? ASML EUV lithography machines sell for 1.5 million Eagle Dollars each, and we're only selling them for 5000 million Eagle Dollars each. Isn't that too little profit?” Chen Lan asked.

Yang Chen said with a smile, "Right now, MiTuan, JD.com, and Taobao are engaged in a fierce battle over food delivery, offering all sorts of subsidies to consumers. Didi and others did the same thing before, giving out coupons to attract customers to register and use their services. They're not only not making money, they're actually losing money. Why do you think that is?"

Chen Lan replied, "I definitely know that: seize the market and eliminate competitors who are not strong enough."

Yang Chen nodded and said, "That's right. In order to seize the market and eliminate competitors, they are even willing to suffer losses year after year. We only earn a little less. As long as we can eliminate companies like ASML, we can find any reason to raise prices in the future. At that time, other countries will have no choice but to use our products. Whatever price I ask for, they will have to pay. I want to make foreigners completely lose their ability and possibility of industrialization. In the future, the world's industrial manufacturing will depend on our Dragon Country. They won't even be able to make a teacup."

Chen Lan nodded and said, "I guess my vision was too narrow. I only thought about making money in business, and I didn't think that far ahead, about eliminating competitors and dominating the industry. To be precise, I wouldn't dare to think that way, only you would."

Yang Chen laughed heartily and said, "The other day, ASML's president, Bogori, was brazenly boasting on a TV show that even if we gave him the blueprints, we still couldn't build a lithography machine. Now I'll show him that not only can I build it, I can also eliminate them. My selling price is even lower than their cost price, let's see what they have to compete with me!"

Yang Chen immediately sent an email to Zhao Jing, the president of Sihai Investment.

"Mr. Zhao, this afternoon we will release a report shorting ASML. The reason is that our EUV lithography machines are more advanced than theirs, but the price is only one-third of theirs. Our lithography machines will inevitably seize most of the market, and ASML's performance will plummet in the short term, and in the long term it will be eliminated from the market."

Zhao Jing immediately replied to Yang Chen's email.

"Roger that!"

At 2 p.m., before European stock markets had even opened, Four Seas Investment released a new short-selling report targeting ASML.

At 2:30, Yang Chen posted a Weibo post.

"I remember when ASML's president, Mr. Bogori, went on TV and said that even if we gave him the blueprints, we couldn't build a lithography machine. I couldn't stand his ugly face back then. Everyone knows I've always advocated letting strength speak for itself, so I've been waiting for this day for many days. We've already stocked up on many lithography machines of different grades and models, and now we're officially selling them. To let Mr. Bogori see our industrial manufacturing capabilities, I've decided to price our lithography machines at one-third the price of ASML's products. Interested companies and countries can call for inquiries. My short-term goal is to cause ASML's performance to plummet, and my long-term goal is to bankrupt ASML and force it out of the market. Sihai Investment has also shorted ASML's stock. This time, I want to see how Mr. Bogori will turn the tide. I hope he can show the confidence he had when he went on TV back then, and not disappoint me."

Netizens flocked to leave comments.

"Awesome! The price is only one-third of ASML's, so it's going to be a complete rip-off! I don't believe that any foreigner would be willing to pay three times the price to buy ASML's lithography machine for the sake of so-called political correctness."

"Xie Baoqing, Xie Baoqing, why did you provoke Li Yunlong? Now look what happened, you've been completely wiped out, haven't you? I hope you can show the confidence you have when you're on TV and make things a little difficult for Boss Yang."

"It has to be Mr. Yang. New technologies and new products are coming out one after another. I haven't even gotten out of the typhoon generator yet, and the lithography machine is already available for sale."

"Huh? We sell lithography machines to other companies? That's such a niche term. Five years ago, would you have imagined that we could sell lithography machines to other companies? Mr. Yang is awesome, that's all I have to say."

Yang Chen's Weibo post was translated into foreign languages ​​and posted on platforms such as Twitter, which made foreigners even more upset.

A netizen from Fengcheguo commented: "Who can stop Yang Chen? Every industry he enters is doomed. He's driven up the prices of high-tech products like lithography machines and chips to dirt cheap. Wouldn't it be better for everyone to make big money together? Why does he have to drive down prices? Does he even know how to do business?"

A netizen from Japan commented: "Based on my research on China, this is a common tactic used by their large manufacturers. They use low-price subsidies to seize market share, eliminate competitors, and then raise prices. By then, there are no other options on the market, and even if they raise prices, consumers have no choice but to accept the higher prices. That's when they make big money. Clearly, Yang Chen has applied this strategy to lithography machines. As long as he can eliminate companies like ASML and Canon, he can keep raising the price of his lithography machines. We have no other choice but to accept his high-priced lithography machines."

A netizen from the Bald Eagle commented: "This is simple, very easy to deal with. We'll just launch an anti-dumping investigation, impose hefty fines, and force them to raise prices. That approach might work domestically, but don't expect it to work on us."

A South Korean netizen commented: "It's only the US that knows how to handle things; the world needs them to maintain order. The US led the anti-dumping investigation, and other countries followed suit. They want to use subsidies to seize our market? No way!"
A German netizen commented: "This time, I have to stand with the US. If we don't stop Yang Chen from selling lithography machines at such low prices, the consequences are unimaginable. If other lithography machine manufacturers are driven out of the market, then even if he raises the price of lithography machines to exorbitant levels, we'll have no choice but to accept it. I suggest all countries jointly launch an anti-dumping investigation against him. Regardless of whether it succeeds or not, at least we need to show our stance and let him know that this tactic won't work, and he shouldn't think he can seize the global lithography machine market with such a simple method."

A netizen from the Sand Kingdom commented: "I suggest everyone not to mess around with the bald eagle, especially those countries that have already been taught a lesson for opposing Yang Chen. Think about how painful it was before, don't you know what you should and shouldn't do? If Yang Chen's ideas are really as you say, anyone who dares to disrupt his plans will not have a good ending."

A netizen from Pharaoh's Kingdom commented: "Are you guys sick? Why not use a lithography machine that costs a third of the price, instead of the expensive one? ASML's EUV lithography machine currently sells for 1.5 million US dollars, while Yang Chen's only costs 5000 million US dollars—a difference of 1 million US dollars! I'm asking you, which one should you choose? 90% of the world's countries don't have the capability to manufacture lithography machines and chips. We'll use whoever's product is better and cheaper. If you can't lower your prices and your technology can't keep up, that's your own fault; you deserve to be eliminated. I suggest that countries that can't manufacture lithography machines support Yang Chen; only then can we guarantee that we have cheap lithography machines and chips to use."

While netizens from various countries were debating the issue, European stock markets opened.

The market voted with its feet, and ASML's stock price plummeted, falling 30% in the first five minutes of trading. The rate of decline only slowed slightly, but the downward trend remained unchanged.

Clearly, the market believes ASML is doomed... (End of Chapter)

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