The unparalleled talent of the country started from Harbin Institute of Technology
Chapter 361 False Demand!! Wang Duoyu: Qianqian is amazing!
January 12, 1990, Tokyo, Japan: Fuji Bank headquarters office building.
Today, we have some unexpected guests here.
Fuller Carson personally led a team to Fuji Bank's headquarters and signed a cooperation agreement with the bank's president, Ueda Yuma.
"Hello, Mr. Ueda, Horizon Capital needs to borrow money from your company."
According to Wang Duoyu's short selling instructions.
Horizon Capital will selectively short-sell Japanese real estate companies and those with high market capitalization.
Therefore, this time, Fuller Carson personally led the team to borrow a portion of the shares from Fuji Bank for short selling.
However, Ueda Yuma gave him an unexpected answer.
"I'm sorry, Mr. Fuller, but the shares of Mitsui Properties and other companies held by Fuji Bank are about to be transferred out."
Upon hearing this, Fuller Carson's face immediately darkened:
"Mr. Ueda, are you playing me?"
As the saying goes, "A common man's anger can cause blood to spill five steps away."
Although Yuma Ueda is the president of Fuji Bank, he is not a member of the Fuji Zaibatsu family.
So how could he possibly dare to treat Fuller Carson like that?
"Mr. Fuller, please don't be angry. The people we arranged are almost here. After we complete the transaction, perhaps you can discuss things further."
Fuller Carson nodded. "That would be best, otherwise you should know the consequences."
Not long after, another group of people entered.
When he looked up, Fuller Carson saw the vice president of Lehman Brothers walking towards him; he was an old acquaintance.
Although Horizon Capital is based in Singapore, Fuller Carson, the person in charge, has expanded Horizon Capital's business globally.
Horizon Capital's business scope includes cities such as Tokyo, London, Singapore, Hong Kong, New York, and Chicago.
After all, these cities all have stock markets, which is extremely important for a financial company.
Even though Horizon Capital is not a financial company that specializes in short selling, it is not notorious in the financial industry.
However, shorting and going long are just a matter of a single thought.
It's unclear how much financial capital is manipulating the stock market.
"Hey, isn't this Fuller Carson? Does Horizon Capital also have business dealings with Fuji Bank?"
When the vice president of Lehman Brothers saw Fuller Carson, his eyes immediately darkened.
But soon, he laughed.
Friction between the two sides is normal.
How can there be no friction between financial companies?
Moreover, Horizon Capital, unlike companies like Summit Global, does not have a quantitative trading system to support it.
But it's also a financial giant with profits exceeding three hundred million US dollars.
In the global financial market, financial companies that earn more than $300 million a year are rare.
So where did all those profits come from?
Some are snatched from the jaws of a tiger, while others are outsmarted.
Between bulls and bears, between institutional investors and retail investors.
Lehman Brothers was one of Horizon Capital's competitors, and they often clashed.
"Does it have anything to do with you?"
Fuller Carson was too lazy to talk to the other person now, and didn't even lift his eyelids.
The Lehman Brothers vice president, who was being rebuked, wasn't angry. He just smiled and looked at Fuji Bank vice president Yuma Ueda.
The latter quickly replied that the transaction could proceed at any time.
Half an hour later, after the transaction between Fuji Bank and Lehman Brothers was completed, Ueda Yuma finally explained why Fuller Carson was there.
“No problem, of course I’m happy to have someone give me money,” the vice president of Lehman Brothers said with a smile.
He really didn't expect that Fuller Carson would be so eager to give him money again, especially after the deal was completed. This was such a good deal.
Horizon Capital has its sights set on stocks of companies such as Mitsui Properties.
Once short selling is initiated, Lehman Brothers can immediately receive commissions and other profits, as if it were free.
As for whether the stock prices of companies like Mitsui Properties will fall.
If the market had fallen, then the Lehman Brothers team wouldn't be here.
Global capital is still flocking to Japan; who's afraid of whom?
Half an hour later, the vice president of Lehman Brothers shook hands with Fuller Carson with a broad smile:
"Thank you for sending money to our company. I'm in a good mood today. How about I treat you to a meal in Ginza?"
"No, I hope you can still smile three months from now."
Fuller Carson had absolutely no intention of having dinner with the other party.
However, the vice president of Lehman Brothers was completely unconcerned.
The Japanese stock and real estate markets are very stable, and the economic growth rate will definitely continue to accelerate.
After a few days, when Sosuke Jino and his team release their financial reports on GDP and other data for 1989, the Japanese market will likely see another round of growth.
Besides that, there was the fact that Fuller Carson was so arrogant that Lehman Brothers was prepared to teach him a lesson.
Horizon Capital is shorting companies like Mitsui & Co., which means they are bearish on the future of these companies, and their stock prices are bound to fall.
However, Lehman Brothers naturally did not want to see this happen, so it was necessary to raise the stock prices of companies such as Mitsui Properties.
So how exactly do we do it?
Jordan Belfort stands in front of a floor-to-ceiling window in a building on Wall Street in Manhattan, New York City.
With his brows furrowed, he suddenly said:
"Andy, let's not worry about that. Since we can't go public this year, let's create an opportunity to slip away unnoticed."
Sitting in the boss's chair, Andy shook his head after hearing Jordan's method:
"No way, Jordan, you must be crazy. If we do this, we'll both end up in jail. God, I don't approve of this idea, it's insane!"
"Then what solution do you have? Are you just going to let Sun Investment Company keep sucking our blood? That's forty percent of the shares!!!"
Jordan suddenly roared, his veins bulging, his eyes filled with hysteria, resentment, and humiliation.
"What did Sun Capital give up? Fuck, just $1.5 million! What the hell? How could I have been so foolish?"
Indeed, if he and Andy hadn't been so blinded by greed back then, they wouldn't be in this situation now.
He thought he had found a powerful backer, but he never expected to have found himself a father figure.
And no matter how hard they try to shake them off, they can't.
Even if they wanted to use methods such as falsifying accounts, they couldn't.
Who can blame them when Sun Capital has plenty of money and is also very data-savvy?
In Wall Street, money is more than just money; data reports and other information are what mathematicians love to play with.
Just then, the secretary knocked on the door.
Jordan and Andy then stopped their discussion.
The secretary came in to inform them that Dylan Dario had suddenly appeared uninvited and was already at the company entrance.
Hey!
The major shareholder has finally decided to come.
Dylan Dario's sudden visit left both Jordan and Andy completely baffled.
After the three of them sat down in the office, they maintained a facade of harmony.
It seemed like things hadn't completely fallen out; everyone was still chatting and laughing.
After a few words of small talk, Dylan Dario suddenly got straight to the point:
“Our Sun Investment Company can sell the shares to you at market price, but in exchange, you need to do three things for us. Are you willing?”
Ok?
Jordan and Andy exchanged a glance, both seeing the confusion and bewilderment in each other's eyes.
From the year before last until now, they have been trying every means to get their shares back.
They even went so far as to bring in Wall Street giants like Wells Fargo as new backers, hoping to use their influence to force Dylan Dalio to submit.
Unfortunately, Dylan Dario has been unwilling to budge, and the matter has dragged on until now.
Now that the other party has suddenly brought this up, there must be a conspiracy involved, right?
Regardless of the conditions, there is finally a breakthrough.
So Jordan couldn't help but ask:
"What conditions?"
"It's very simple. We need your help to complete these three tasks, all of which you can easily accomplish."
Dylan Dario said calmly:
"However, this matter is of great importance. I need to wait for your agreement before I can disclose the details of the mission to you. Otherwise, if the news leaks out, none of you will be able to afford the consequences."
Upon hearing this, Andy said in a deep voice, "We can't just agree to die if you ask us to, can we?"
"That's definitely not the case. We live in a society governed by the rule of law. Who would play that kind of game now?"
Shaking his head, Dylan Dario continued:
"I don't have time to waste with you. If you agree, then do it as soon as possible. If you don't agree, then I'll go find other companies to cooperate with. Anyway, there are plenty of companies that are willing to cooperate with us."
Jordan and Andy exchanged a glance, indicating that they needed to discuss it privately before making a decision.
Since that was the case, Dylan Dario got up and said he was going outside for a walk.
The office was left to Jordan and Andy.
The two of them started chatting immediately.
"Dylan's sudden decision to sell his shares—has he discovered something?"
"Do you think that's possible? We did it so discreetly, how could he possibly know?"
"Jordan, don't underestimate him. He's someone who can establish himself on Wall Street; he's definitely not an ordinary person. We can't underestimate him."
“Of course I know, but none of that matters now. What matters is that the other party is willing to sell their shares. In that case, Andy, do you think we need to redistribute them?”
That is for sure!
If the 40 percent stake held by Sun Investment Company were to return to the two of them.
Therefore, they will inevitably have absolute control over the company.
But these days are different!
More than two years have passed since Stratton Oakmont Securities was founded in November 1987.
Jordan contributed the most to the company, followed by Andy.
But previously, Andy had always been the largest individual shareholder of this company.
This resulted in Jordan consistently being ranked below his opponent.
In just over two years, Jordan has grown a lot.
Media outlets such as The Wall Street Journal have consistently touted Jordan Belfort as the Wolf of Wall Street.
Although Jordan was well aware that those people were just envious and jealous of how much money he had made.
As long as he doesn't break the law or commit a crime, the Manhattan prosecutor can't do anything about him.
Moreover, he has powerful backers.
The 40% stake in Sun Investment Company wasn't acquired for free.
Given the current situation, both Jordan and Andy believe they no longer need Sun Investment Company as a backer.
They will handle the rest themselves.
"After the transaction, I want 45%, and you will hold 55%. We'll adjust the percentage after our IPO."
After a moment of silence, Andy conceded.
Jordan was overjoyed. He had gained control of Stratton Oakmont without lifting a finger. It was wonderful.
Soon, Dylan Dario came back in.
"You've reached an agreement, right? Okay, sign this agreement, and then we can continue our conversation."
Next, Dylan arranged for someone to bring all the agreement documents into the office.
The signal jammer and other equipment hummed, and the curtains and other curtains were all drawn.
The interior has become a completely private space that is inaccessible to outsiders.
Only then did Dylan say this:
“Very good, you have all signed the agreement, and it seems you have no objections to its contents. So let’s begin our transaction discussions.”
"I have asked you to complete three transactions in total."
"The first short-selling attack against Comcast must trigger three circuit breakers, and the stock price must fall to..."
"The second is to go long on Walmart and Target, two major retailers."
"The third is short selling against Sony."
hiss!
Upon hearing this, both Jordan and Andy were dumbfounded.
Comcast's market capitalization isn't that high, but it's still over three billion US dollars, so it's not a small company.
Walmart's current market capitalization is over $160 billion, which is quite staggering.
Between 1980 and 1990, the company's stock price increased nearly 450 times, with an average annual growth rate of over 30%.
Target is also a very powerful retail giant. Although its market value is not as high as Walmart's, its growth rate is also quite high.
Even now, both Target and Walmart only have annual revenues of around 20 billion.
However, such revenue figures are still quite outstanding.
In the original timeline, Walmart's annual revenue exceeded $100 billion by 1997.
That's why Jordan and Andy were so surprised.
Is a company with a market value of over $160 billion really something that Stratton Oakmont can challenge?
That's practically impossible!
Moreover, the third point, shorting Sony, is simply asking the impossible.
How is this even possible?
"Dylan, are you dreaming? How is this even possible?"
Sony's market capitalization exceeds $50 billion, which, while not comparable to Walmart, is still a behemoth.
What's more, it's shorting Sony?
That's just wishful thinking.
Dylan was not surprised:
"You don't need to be so surprised. Although I said that, it doesn't mean there's no way."
"any solution?"
Jordan and Andy immediately became curious.
A week later, at the New York Stock Exchange, shortly after the market opened, a trader saw Comcast's stock suddenly drop and immediately thought an opportunity had arrived. He promptly notified his superiors.
Soon, the higher-ups issued new instructions: sell off and short sell!
Nobody knows why Comcast's stock price plummeted.
However, within ten minutes, the stock price fell beyond the limits set by the circuit breaker mechanism, triggering the first circuit breaker.
Inside the exchange, many retail investors and traders who were following Comcast panicked.
Of course, there are also retail investors who shorted the market, and they are overjoyed at this moment.
However, very few people are shorting; most are going long.
In an office converted from an abandoned factory in the suburbs of New York, everyone is nervously making phone calls.
Jordan was sitting in the very center, and he couldn't help but gasp as he watched Comcast's stock price plummet.
Stratton Oakmont Company leverages its capital and shareholding advantages to conduct continuous transactions.
The method of trading between securities accounts under one's own control.
The movement of the left and right hands can affect stock trading prices.
At the same time, there are a large number of pending orders that have not been fulfilled.
The order continued to be placed at the daily limit down price.
This creates a tense market sentiment.
Such a large amount of fictitious demand.
The stock price naturally fluctuated wildly.
Other retail investors, institutional investors, and other institutional investors, seeing the potential for profit, naturally followed suit immediately.
Nobody wants to miss an opportunity.
Within just half an hour, market sentiment had been completely swayed.
Furthermore, after one circuit breaker was triggered, the entire market went into a frenzy.
When a large number of short-selling orders appear in the market.
Comcast's stock price has plummeted.
At this point, sell orders went completely crazy, constantly pushing the price down.
There are orders to buy, but they are far outnumbered by orders to sell.
This world is never short of people who buy at the bottom. For example, Ralph Roberts, the largest shareholder of Comcast, is one of those who buys long.
It's perfectly normal to buy stocks when they fall.
Ralph has already spoken with the executives and knows that there are currently no surprises within Comcast.
At the same time, no one has released any reports or negative information to the public.
If the stock price suddenly plummets at this point, it must be because someone is manipulating the market and trying to speculate on Comcast's stock.
In that case, don't blame Ralph Roberts for buying at the bottom.
Unfortunately, no matter how fast Ralph Roberts bought in at rock-bottom prices, he couldn't compete with O'Brien and his team. This time, Lee Efra and his group went all out, determined to acquire Comcast.
Therefore, we are buying heavily in the stock market.
With the assistance of Stratton Oakmont, they will surely be able to acquire most of the stocks in the secondary market.
Since we're about to leave Stratton Oakmont anyway, we might as well make use of it.
Jordan and Andy both witnessed firsthand what Wall Street's methods were like.
This tactic of creating false demand to manipulate market sentiment is practically treating the stock market like a personal money bag, where you can just fill it with whatever amount of money you want.
Anyway, when Comcast's stock price became completely worthless two days later, both Jordan and Andy were completely convinced.
At the same time, they also felt some regret.
Now that Dylan has been thoroughly offended, if Stratton Oakmont goes public in the future, it may be targeted.
"What should we do? Should we let Dylan quit?"
Jordan was a little scared, but Andy shook his head and said:
“Once the deal is finalized, it will be impossible for the other party to continue working for our company.”
"And don't you know? Our methods are unacceptable, and we might even attract the attention of the Manhattan prosecutor."
"Otherwise, why do you think they sent us here?"
Upon hearing this, Jordan Belfort pondered for a moment and then frowned, saying:
"Are we destined to become homeless dogs in the future?"
"No, no, no, we can totally pull off a 'golden cicada shedding its shell' trick like before."
Andy continued:
"We must prepare in advance and introduce white gloves, so that we can hide behind the scenes and shield ourselves from any potential unknown risks."
"Actually, we are just front men for Dylan and his group. If something happens to us this time, Dylan and his group can easily absolve themselves of responsibility. At most, they will have to pay some compensation, but how much compensation can they possibly have?"
"But as you've seen now, with just a few million dollars invested, plus the hundreds of millions invested previously, we can manipulate the stock price and influence market sentiment, causing it to fall from $8.90 to the current $2.30, or even lower. You can imagine how much profit is involved."
The profits are the same, and may even be higher.
Making money in this way is more exciting and can generate more profit.
Unfortunately, as the rules become more sophisticated, the loopholes they can exploit will become fewer and fewer.
The white glove can still hold the line for now, but that may not be the case in the future.
In short, when faced with profits, any risk can be ignored.
A greedy person will never be satisfied.
Jordan gradually became a true Wall Street wolf.
Comcast's stock price plummeted, and shares on the secondary market fell below 5 percent.
In such a situation, the stock price will generally not fluctuate much.
Because neither the major shareholder Ralph Roberts, nor other minority shareholders, nor even Want Want Group itself, could sell their shares at such a price.
So the next step is to talk to those minority shareholders about acquiring their shares.
Five days later, Comcast suddenly suspended trading, presumably to exit the stock market and go private.
Ralph Roberts stared at Levin Burns and Roland Winster, who had suddenly arrived, with a livid expression.
The two men arrived suddenly, claiming they were requesting a Comcast shareholders' meeting to elect a new chairman.
With Levin Burns and Rowland Winster coming on strong, they must be confident of winning.
Otherwise, they wouldn't have come here to humiliate themselves.
Considering Comcast's recent stock price plunge, Ralph already guessed what was going on.
At the shareholders' meeting, Levin Burns and his partner presented photocopies of the share subscription agreements for more than 66 percent of the shares, which were then confirmed and verified by the New York Stock Exchange.
Chairman Ralph Roberts had no choice but to step down and make way for a more capable successor.
Because 66 percent of the shares is enough to completely control the company.
Why didn't Comcast set up an AB share structure?
The outcome is now clear: the winner takes all.
The new chairman of Comcast is Cedric Watson, the president of the second-largest television company in the United States.
After taking over Comcast, this man began to implement sweeping reforms in accordance with the development direction set by Wang Duoyu.
Contrary to outside speculation, the company did not go private and delist.
Instead, the equity structure was restructured, dividing the shares into A and B shares, to ensure that Maple Leaf Holdings could have complete control over Comcast.
After going public again, it will raise $1.2 billion from the market.
Although the newly issued shares will lower the share price, all the funds will be used for mergers and acquisitions, which will be fully disclosed in the share tender document.
hiss!
The investors at the New York Stock Exchange had their eyes light up when they saw the tender document.
Although they were exploited before, isn't there profit to be made this time?
Everyone is optimistic about Comcast's future, after all, the acquired Comcast will be even stronger.
Jordan and Andy were both stunned when they saw the news.
"Fuck, this is a true master, able to turn the world upside down with a flick of the wrist!"
Andy stared in disbelief and exclaimed in astonishment:
"If I had their methods, I might have become rich too."
"Andy, do you think this Cedric Watson is their front man?"
"Is that even a question?"
"Alright, their methods are indeed remarkable. We can learn from them; perhaps they'll come in handy in the future."
After a pause, Jordan continued:
"Next, we'll start targeting the two retail giants, Walmart and Target. This time, although we're going long, I feel that raising stock prices is much more difficult than lowering them."
Even with the same circuit breaker mechanism, it's incredibly difficult to trigger a circuit breaker without any positive news.
So what to do?
What else can I do?
Cold!
The tactics employed by Stratton Oakmont were actually one of the methods used by the vice president of Lehman Brothers to inflate the stock prices of companies such as Mitsui Properties.
However, the vice president of Lehman Brothers did not need to take such a risky approach, nor did he need to drive up the stock price so much.
The reason is simple: the stock prices of companies like Mitsui Properties are already very high.
In fact, among the Fortune Global 500 companies, the United States has 151 companies, while Japan has a total of 149.
Simply put, at that time, Japan was fully capable of standing shoulder to shoulder with the United States.
In terms of revenue, General Motors ranks first. In 1989, the company had a total revenue of $125.2 billion, a profit of $2.92 billion, and employed 784,000 people worldwide.
Toyota Motor Corporation ranks sixth in the Fortune 500, with annual revenue of $64.5 billion, profit of $3 billion, and 97,000 employees worldwide.
Other companies include Hitachi Electric, Panasonic, Nissan Motor, Toshiba Electric, Honda Motor Co., Ltd., and NEC, all of which are among the top 40 Fortune Global 500 companies.
Among the world's top 500 companies, Japan has so many outstanding enterprises.
They are mostly high-end manufacturing industries such as automobiles and electrical appliances.
Conversely, what about the United States?
General Motors and Ford are indeed very powerful companies, but apart from these few car companies, most of the top 30 Fortune 500 companies in the United States are oil companies.
For example, ExxonMobil, Pegasus Petroleum, Texaco, and U.S. Petroleum.
Besides these, there are IBM, General Electric, DuPont, Chrysler, Boeing, and others.
Therefore, looking at the bigger picture, besides its oil prowess, the United States is also quite impressive in fields such as automobiles, computers, chemicals, and aircraft manufacturing.
But this is the wealth they've accumulated over two hundred years.
But what about Japan?
It has only been a little over forty years since it began to rise in the 1950s.
It has already made it a force to be reckoned with in the Fortune Global 500 list, rivaling the United States, which is quite impressive.
Therefore, the rapid development of Japanese companies and the peak of the stock market were not just empty words from Wang Duoyu.
It's not unreasonable that many international capital firms, such as Lehman Brothers, are still pouring into the Japanese market, hoping to reap the benefits of Japan's economic growth.
Now, Fuller Carson and his ilk are actually doing the opposite, shorting Mitsui & Co. and other companies.
If he's not insane, then he's just out of his mind.
But when masters clash, no one knows who will win or lose in the short term.
No. 87, Zhongguancun West Street, Beijing.
"Dad, when are we going home? I miss Mom."
Wang Yifei, who was playing, turned around and looked at her father, and suddenly said something.
The little girl's big eyes were filled with anticipation; she missed her mother even more after mentioning her.
Then her eyes quickly reddened.
Wang Duoyu stopped writing, and seeing her like this, he quickly stood up and hugged her.
"Okay, shall we go back tomorrow?"
Why can't we go home in the afternoon?
"Because Dad has a meeting this afternoon, and after the meeting we need to buy some gifts for Mom, otherwise Mom will be disappointed if we go home empty-handed. Do you think we should buy something to take home?"
He's already said everything, so of course we should buy it.
"Okay then, let's pinky swear!"
"Sisi, don't you believe Daddy? Daddy is going to be sad."
"Hehe, Daddy, you're lying to me! I don't believe you! Quick, quick, let's pinky swear!"
The little girl grinned and saw through her father's little trick, insisting on making a pinky promise.
After making a pinky promise, the little guy said sensibly:
"Dad, you go back to work, I want to play with my friends."
The children she was referring to were actually the toys.
During her time in the capital, she spent most of her time playing by herself.
Only a small portion of the time was spent strolling around the neighborhood with her father.
Therefore, Wang Duoyu felt that he owed his daughter a lot.
He spent most of his time working when his child needed him most.
Ugh!
He should be content with having such a well-behaved and sensible daughter.
"Okay, Sisi, you're great! Now, Daddy's off to work?"
Wang Yifei nodded earnestly, "Yes, Dad, good luck!"
The rest of the time was spent in quiet.
In the afternoon, Wang Duoyu and his daughter had lunch and then went to a meeting at the Wenjin Street compound.
Today is the last meeting.
A couple of days ago, he held a meeting with the leaders and quite frightened them.
In particular, the third document he presented showed that Want Want Group brought back more than 80 billion US dollars in funds, technology and materials from Japan.
It is terrible!
Based on the current USD/CNY exchange rate, 80 billion USD is equivalent to 320 billion RMB.
The data that Wang Duoyu presented was increasingly exaggerated.
This caused the leaders to spend a lot of time accepting the explanation, and they also had Wang Duoyu explain the whole story in detail.
They had originally agreed to meet with Wang Duoyu for only half an hour, but the meeting ended up lasting more than two hours.
It's easy to imagine that the shock Wang Duoyu brought to the leaders this time was truly unparalleled.
Inside the Wenjin Street compound, Wang Duoyu met with the leaders again.
However, today the leaders wanted to see Wang Yifei.
"Boss, I'm here for a meeting. How about we don't waste any more time?"
The leader didn't look at him, but instead urged Yuan Zuliang behind him to quickly find Wang Yifei.
"Never mind, let's go see the little one. He's very smart and so cute."
Wang Yifei is indeed a very likable girl, and the leaders all like her very much.
"Hello grandpa!"
Wang Yifei, who was playing alone in the room, quickly turned around after hearing the noise.
Then she saw a group of elderly men come in, and she gave them a sweet smile and greeted them.
After chatting for a while, about ten minutes had passed.
This left Wang Duoyu, who was standing to the side, speechless but also very proud.
When he sat down again, the leaders' words immediately reassured him.
"The Nantianmen Project has been successfully approved. We have no problems here. The next step is to discuss the technical aspects."
"However, in terms of funding for the Nantianmen Project, Want Want Group accounted for 80%, while the remaining 20% was covered by the state."
"Furthermore, this investment model will be followed for the first ten years. After ten years, the government will gradually increase its investment, while Want Want Group will gradually reduce it."
With an annual investment of 20 billion RMB, Want Want Group's current earnings of 80 billion USD from Japan are enough to cover its investment for ten years.
In fact, no government investment is needed at all; the Want Want Group can bear the entire cost.
However, Wang Duoyu understood the leaders' considerations. Since that was the case, then they could proceed according to the investment ratio.
In any case, Wang Duoyu had no other ideas. His purpose was always very pure: to promote the successful implementation of the Nantianmen Project.
Ten months have passed since it was proposed last March, and now in January, we are finally seeing the light at the end of the tunnel.
Half an hour later, Wang Duoyu arrived at another large compound nearby and met Fang Lihe, Zeng Zhaoshun, Qi Haimin and others.
At this moment, Fang Li and the others all looked at him with complicated expressions.
Why?
Because Wang Duoyu accomplished a task that seemed impossible to them.
Although Fang Li and the others did not know exactly how Wang Duoyu had persuaded the leaders above.
However, the Nantianmen project was successfully approved, and the funds will be in place within the next two months.
The project will also be launched accordingly.
However, the Nantianmen Project involves a very large system, and it is basically impossible to fully implement all the projects in less than three to five years.
Needless to say, there are also mega-projects such as the Kunlun Space Station, the Chengying Tactical Robot, and the Xuan Nu Space Fighter.
Let's take some relatively common examples, such as small reusable rocket engines, orbital attitude engines, rotating detonation engines, laser directed energy weapons, heat shields, and Ginkgo leaf-shaped three-engine fighter jets.
Every single one of these projects is something serious.
Just assembling a research team is a long process, not to mention everything else.
On the contrary, the funding problem seems to be the easiest problem to solve.
"Distinguished leaders, I believe you are all aware that the Nantianmen Project has been approved by higher authorities. Although it is still in progress and the specific documents have not yet been issued, our Nantianmen Project has already begun."
Wang Duoyu sat in front of Fang Li and the others, smiling confidently as he said:
"The Spring Festival is just around the corner, so I'm informing you all in advance that I will make another trip to Beijing after the Spring Festival, at which time the Nantianmen Project will be fully launched."
"I will not be attending the National Science Conference this March, and many other researchers will also be absent from this conference."
"At this time, the South Heavenly Gate Project is the top priority."
Upon hearing Wang Duoyu's words, Fang Lihe and the other leaders remained silent and listened attentively.
"We hope all leaders can cooperate actively, thank you!"
While he claimed to be cooperating actively, Wang Duoyu wasn't asking for a discussion; he was giving orders.
Because among Fang Li and his group, there were some who strongly opposed the Nantianmen plan.
But since they were all in such positions, Wang Duoyu was helpless.
He just hoped they wouldn't give Wang Duoyu a chance; otherwise, he definitely wouldn't consider their past friendship and would let the other party leave his current position.
At the very least, they will be kicked out of the initiation team of the Nantianmen Project.
"Duoyu, congratulations! I also wish the Nantianmen Project a successful completion."
Yu Chunshun was the first to speak, offering his congratulations with a smile.
Fang Lihe and several other leaders also said some polite words to prevent the atmosphere from becoming awkward.
"Thank you, but there's no need to congratulate me. The South Heavenly Gate Project requires our joint efforts to advance, and it will also benefit this land beneath our feet."
Wang Duoyu shook his head and said:
"Okay, that's the general situation. I hope all the leaders can make some preparations before the Spring Festival. I also need to make some preparations myself."
And so, Wang Duoyu left Wenjin Street and then made a trip to a nearby research institution.
He shared the good news with Kong Xiangyan and others, and they all cheered when they heard it.
They were all people in their fifties or sixties, but they were as happy as little children. (End of Chapter)
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