What the hell is a private enterprise?

Chapter 465 Black Friday

"TÜV SÜD announced that, in order to compensate for local losses, it will transfer the ownership of the satellite for US$1400 million."

This was the headline of the newspaper that had just been printed when Tang Wen wrote the letter.

A person who is as famous as Shi Juzhu, and far more impressive, has once again appeared in the public eye.

The official document for opening up private aerospace was issued in 2014, but it had already been done within the previous 30 years.

In 1992, Mou said he would use 600 satellites to build a low-cost communication network (does that sound familiar?), which would be more convenient and cheaper than telephones.

In 1995, the TÜV SÜD Group actually spent $2.5 million (publicly advertised, but actually less than $4000 million) to buy two communications satellites from Russia, which were subsequently successfully launched.

However, the main reason for the failure was that this was too ahead of its time. Putting aside the technical problems of popularizing satellite communications in the 90s, the biggest trouble was with the customers.

Twenty years later, Jack Ma started Starlink, but the barriers to entry for satellite receivers and satellite phones were extremely high. In the 1990s, many people couldn't even afford a pager, let alone a satellite phone.

Take, for example, the maritime satellite phone that Tang Wen frequently uses; one of them costs at least tens of thousands of yuan!

And at this point, the post and telecommunications companies haven't been dismantled yet. Is private capital trying to directly intervene in the underlying communications sector?
If it were just a hobby for Mou Laoda to make money through hype, that would be one thing. The problem is that he actually planned to make a pilot version of the Planetary Link, so in the end he lost everything.

Moreover, he even forged letters of credit to raise money. He could get away with it during his humble beginnings, but now he can't hide it anymore.

By 97, Nande Company was clearly on its last legs, with a broken capital chain, a large number of employees leaving, and multiple supervisory departments preparing to sue it for fraud.

So when I saw Tang Wen use Nande Company as an analogy... tsk.

"Wow, that's incredible! A battle of gods!"

Feng Qianjun squeezed the draft, and after careful consideration, he felt that there shouldn't be any major problems.

Just a few days ago, StoneCube was instructed to attack the King BBS. In less than 4 hours, all the participants were sent to the site. The next day, the official media even reprinted Tang Wen's popular science article on cybersecurity.

After reviewing Tang Wen's draft again, he picked up his pen, ready to write another piece in response, offering a more in-depth critique:
After spending half a day scouring for negative information, I couldn't help but feel a bit frustrated, so I took advantage of Tang Wen's reputation to vent my frustrations.

Plan passes.

……

St. Louis, McDonnell Douglas Aircraft Factory

A standard-armed F-18C carrier-based multirole fighter jet came to a stop on the runway line, with a gentle, curved slope at the end of the runway a little over 100 meters ahead.

Although the curvature doesn't look exaggerated from the side, it's no different from a wall in the eyes of a pilot.

The Navy's required F-18C ski-jump takeoff tests were conducted here.

While Fern's proposed conventional aircraft carrier ski-jump conversion plan may seem like a step backward, it is the method that can maximize combat effectiveness in frigid weather.

After the disastrous defeat off the coast of Suriname, this general spent his days researching how to launch and recover carrier-based aircraft under all sorts of bizarre sea conditions, and he spent all his time at various aircraft companies.

"Although the Forrestal-class ships do not have a much larger displacement than the Kuznetsov-class ships, the 20-meter longer deck is a huge advantage in itself. The ski-jump takeoff route planned after the Independence-class ships were refitted allows for both short takeoffs of 120 meters and long takeoffs of 200 meters."

The Su-33 has a maximum takeoff weight exceeding 30 tons, while our F-18C's maximum weight is only around 20 tons. A short takeoff distance of 120 meters is sufficient to maintain near-standard combat capability, while a long taxiway allows it to reach full load.

After Robert finished speaking, the F-18Cs on the runway accelerated forward and successfully reached the ski-jump ramp to complete takeoff.

Fern nodded with satisfaction. He had previously gone to Grumman to watch the F-14 test. Its weight, comparable to the Su-33, meant that the F-14 had to make significant sacrifices to safely perform a ski-jump maneuver. The F-18C was much more convenient.

Robert: "Give us some more time to develop specific ski-jump takeoff safety figures, and all F-18 series fighters will be able to do it now."

“Very good, I’m glad McDonnell Douglas is finally doing something worthwhile outside of stock trading.”

"..."

He was about to retort when he heard Hughes's voice from afar:
“Hey, we’re going to make a killing… Hello, General Fern.”

The scene was somewhat awkward, but Fern wasn't inflexible; he even winked at the renowned McDonnell Douglas stock trading prodigy.

“Hughes, the Navy has approved a budget of ten million dollars for the F-18C ski-jump takeoff validation, and I’ve heard you’re a financial whiz. Can I join this big deal?” “That would be an honor. It’s not too late to get on board.”

Hughes wasn't surprised at all. Fern was just trying to use public funds for his own personal gain. Was that too much to ask?

Robert: "General, this deal is also related to Tang. We are launching a joint operation to crush him. It will be time to reap the rewards soon. You just need to invest, and you will get back several times your initial investment."

Fern: "That must be a formidable opponent."

Hughes: "Quite strong, but that also means high profits."

Fern looked around and suddenly whispered:

"Secretary Johnson has spent a lot of money to smooth things over recently and now urgently needs to invest in profitable businesses. There is a $1.5 million fund on the books for purchasing winter gear, which can be transferred out for two months."

If the returns during this period satisfy him, McDonnell Douglas will have many advantages when participating in bidding later.

"We are very willing to take this opportunity."

……

"Southern Germany? What a fine Southern Germany!"

Li Ka-shing is getting old, and whether it's to maintain his image or for health reasons, he rarely gets angry.

He was particularly distressed after his eldest son was kidnapped, and he couldn't afford to be emotionally unstable.

But this time he broke down again.

In his view, Nande Group was a fraudulent company; how could it be compared to himself?

If that were all, it wouldn't be so bad. The biggest damage lies in Tang Wen's "spreading rumors".

He kept posting suggestions on the BBS, hoping to introduce all sorts of regulatory policies for real estate, each one of which was quite alarming.

The key point is that as the soon-to-be richest man in mainland China, his words are easily seen by outsiders as a prelude to the upcoming formal implementation.

Several news reports have caused the property market to decline at a much faster pace than expected.

Cheung Kong Properties hopes to hoard land during a downturn in the real estate market, but it won't have the funds until it finishes cashing out!
If the price drops sharply now, doesn't that mean his money is also shrinking rapidly?
It was almost dinnertime, and Li Ka-shing was feeling tired as usual. Just as he was thinking of leaving it for tomorrow, his youngest son, Li Xiaochao, walked up to him quickly. It was immediately obvious that he had something on his mind.

"Xiao Chao, let's talk about this after dinner. Be steady and think things through!"

He had already picked up his chopsticks, not thinking there was anything urgent that required such a short time.

"Father……"

"steady!"

Seeing that Li Xiaochao was still hesitant and unwilling, he sighed and said:
"whats the matter?"

"Just before the market closed, there was a concentrated sell-off, causing the price to drop by 4 points. They made their move!"

Snapped.

Li Ka-shing ignored the fallen chopsticks and immediately turned to look at the calendar.

Today is Thursday, and tomorrow, Friday, is the last trading day!

Choosing this particular time is absolutely brilliant; you can only imagine how dangerous the situation will be tomorrow!

Without even taking a bite to eat, Li Ka-shing stood up immediately:

"Quick, prepare the car!"

(End of this chapter)