After Chen Mo sat down, he did not rush to discuss the distribution of profits from Tai Chu No. 1.
He knew that what these people really wanted to hear today was not how much they had earned in the past, but whether they could still get on board in the future.
Mr. Fang personally poured him a cup of tea.
"Mr. Chen, given the situation today, let's not beat around the bush."
He smiled.
"The Primordial One has already been deified. Now, what the outside world is most concerned about is when the next Primordial product will be launched."
Several gazes simultaneously fell upon Chen Mo.
Neither General Manager Xu nor Chairman Wang spoke.
They are, of course, most concerned about this issue.
Chen Mo picked up his teacup and took a sip.
"It won't open in the short term."
The atmosphere in the meeting room instantly cooled down.
The chairman of a trust company couldn't help but ask, "Does Mr. Chen feel that there's too much capital now, making things difficult?"
"It's not a funding issue."
Chen Mo put down his teacup.
"It's a market problem."
He looked at the crowd.
"Everyone is talking about a bull market now, predicting 6,000 points, 8,000 points, 10,000 points."
"But what I see is a bubble built on leverage. The market is now in a very dangerous position."
"Continuing to launch new products at this time is not about helping everyone make money."
No one spoke in the meeting room.
Chen Mo continued, "The liquidation of Taichu No. 1 is not because I am pessimistic about China's capital market."
"I'm optimistic about the next five to ten years. But I'm not optimistic about this current frenzy."
A securities firm asset management executive asked, "Does Mr. Chen anticipate a rapid adjustment?"
Chen Mo said, "You are all professionals. Currently, off-exchange margin trading has begun to be cleaned up, and leveraged funds are showing negative feedback. The market will always perform faster than most people imagine."
Mr. Fang narrowed his eyes slightly.
"So, will Taichu's next product wait until the market adjusts?"
"right."
Chen Mo nodded.
"If the market presents an opportunity in the second half of the year, Taichu will consider launching Taichu III."
The moment those words were spoken, the expressions on the faces of the people in the conference room changed.
The words "Primordial Three" are more appealing than any promise.
Mr. Xu leaned forward slightly.
Chairman Wang also put down his teacup.
Chen Mo continued, "But Taichu No. 3 will not blindly expand its scale."
"Whether you can accept drawdowns, whether you can accept lock-up periods, and whether you can refrain from interfering with trading—these things need to be made clear in advance."
"In the beginning, we didn't lack money. We just needed the right amount."
These words were arrogant, but no one present felt uncomfortable.
The net asset value of Taichu No. 1 is laid out on the table.
Faced with such achievements, funding has become the one being chosen.
Mr. Fang smiled and shook his head: "If Mr. Chen's words were to get out today, I don't know how many people outside would be unable to sleep."
Chen Mo shrugged and made a zipping motion over his mouth.
A low chuckle rippled through the conference room, easing the tension slightly.
Then, the secretary stepped forward and projected the final liquidation profit report of Taichu No. 1 onto the huge electronic screen.
The dazzling numbers reflected a greedy glint in everyone's eyes.
Initial fundraising target: 20 billion
Final liquidation assets: 57 billion
Total net profit for the period: 37 billion
According to the confidential performance-based agreement signed by all parties, the profits would be split 50/50.
As the conduit and the original core funders behind it, Jiuding and Zexi received a profit of 18.5 billion yuan without losing their 20 billion yuan principal.
Taichu Capital, as the sole independent investment advisor and core operator, earned 18.5 billion yuan in performance-based revenue sharing!
18.5 million.
This isn't a valuation, it's not an option, it's pure cash profit that's already sitting in the books!
Even the seasoned giants present, accustomed to weathering storms, couldn't help but breathe heavily when they saw this cash miracle achieved in just six months.
Mr. Xu stared at the screen with an intensely burning gaze.
He went to great lengths to secure the license and access to the Primordial One, even using a lot of connections.
Looking back now, it was the best deal he made in recent years.
Chairman Wang couldn't help but sigh.
"Mr. Chen, you said the profits would be split 50/50 back then, but now it seems we really got a great deal."
Chen Mo smiled.
"The contract will be settled exactly as it was signed. Taichu Capital will receive every penny it is due. And everyone else will receive their due penny without delay."
Mr. Fang gently patted the table.
"happy."
The moment those two words were spoken, the atmosphere in the conference room became incredibly lively.
……
The banquet was held in the top-tier private banquet hall, Qianyuan Pavilion, at the Kyoto Building.
Those sitting at this large round table made of huanghuali wood tonight are all the true architects of China's financial landscape.
But on this night, there was only one protagonist.
Chen Mo.
The wine glasses were raised again and again.
"President Chen, I salute you for your performance in the battle of Primordial One."
"Mr. Chen, you are a promising young man."
"If there is an opportunity, I hope Mr. Chen will grant me a position at Primordial No. 3."
"Mr. Chen, please feel free to ask if you need anything in Beijing in the future."
Chen Mo rarely drinks alcohol.
But tonight, he surprisingly didn't push away too many.
Firstly, it marks the official conclusion of the Taichu One mission.
Secondly, he also needs to leave a clear enough impression in this circle.
You can drink less alcohol, but you can't completely cut off social obligations.
After a few rounds of drinks, a hint of alcohol appeared on Chen Mo's face, and under the dim light, he finally showed a relaxed demeanor rarely seen in young people.
Seeing that the atmosphere was just right, Mr. Fang, who was sitting at the head of the table, moved his eyes slightly, leaned closer to Chen Mo, and lowered his voice: "Mr. Chen, you've had a great time tonight. I've already arranged a clean private estate in Beihai for the next round."
"A few girls, fresh out of film school and orchestra, with impeccable backgrounds and excellent skills, how about we go over for a cup of tea to sober up?"
The bigwigs at the table immediately smiled knowingly, their eyes filled with a hint of ambiguity, but none of them said anything explicitly.
Chen Mo was holding the wine glass between his fingers, about to decline, when Mr. Xu from Zexi, who was sitting next to him, suddenly burst into laughter.
"I say, Mr. Fang, and everyone here, that's enough already. Tonight, no one can take my woman away from me."
Someone jokingly asked, puzzled, "Mr. Xu, what does this mean?"
Mr. Xu suppressed his laughter and deliberately lowered his voice: "It's not that I, Old Xu, am spoiling everyone's fun. I just wanted to remind all of you brothers here... our General Manager Chen is only taking the college entrance exam this year."
In an instant, the noisy table fell into an eerie silence for a second.
Then, Mr. Fang was the first to realize what was happening. He slapped his thigh, feeling both enlightened and amused.
The group laughed along, but deep down they were also quite shocked.
They were playing games with Chen Mo at this table, discussing the life and death of billions of dollars in capital, to the point that they had subconsciously regarded him as a big shot of their age.
It wasn't until Mr. Xu's reminder that they suddenly snapped out of their daze.
Mr. Fang immediately picked up his glass, his face full of apology, and said, "Oh dear! It's my fault! I drank too much and got confused. I should be punished!"
Chen Mo readily put down his wine glass, gave a slight bow to President Fang, and stood up: "President Fang, I appreciate your hospitality. I am indeed a bit tired today. Gentlemen, there's plenty of time, let's get together again another day."
After saying that, he turned to look at President Xu: "President Xu, could you please give me a ride tonight?"
Mr. Xu was flattered and beamed with joy. He quickly stood up and stood protectively beside Chen Mo, saying, "I couldn't be happier, Mr. Chen, please!"
……
The black Maybach drove smoothly out of the underground parking garage of the Kyoto Building.
At night, Chang'an Avenue is shimmering with lights, resembling a golden dragon.
Mr. Xu sat side by side with Chen Mo. Although he smelled strongly of alcohol, there was no trace of drunkenness in his eyes.
"Mr. Chen has a driver and bodyguards, so why did you specifically ask me to drive you tonight? You must have something you want to say to me, right?"
Chen Mo nodded: "President Xu is so smart, no wonder he has achieved what he has today."
Mr. Xu smiled.
"Please speak your mind."
Chen Mo remained silent for a moment.
"For now, put away the knife you're carrying."
Mr. Xu's breath hitched.
"What are you hiding?"
Chen Mo turned to look at him: "You should know what I'm talking about. A side agreement, a large-scale takeover, a fake positive."
The atmosphere inside the carriage suddenly became tense.
A bead of cold sweat trickled down Xu Zong's forehead, running down his bulging veins. He felt parched, and the last vestiges of his drunkenness were completely jolted awake by Chen Mo's words.
The only sound inside the car was the soft creak of tires rolling over the road.
Chen Mo leaned back in his chair and continued speaking:
"When the market is good, no one cares about many things. Everyone is making money, and all problems are overshadowed by the rising prices."
"But once the market turns, those rules that were previously accepted will become sharp blades."
Mr. Xu's throat moved slightly.
"Mr. Chen, what rumors have you heard?"
"no."
Chen Mo answered quickly.
"I don't need to listen to any rumors. This is just a judgment based on economic logic and human nature."
"When the tide recedes, someone always needs to make a sacrifice to appease the resentment of those stock market investors who have suffered heavy losses."
He looked out the window, watching the lights of Chang'an Avenue flash by, casting delicate golden lines on the car window.
"Mr. Xu, you stand out too much in the market."
"But what's truly dangerous isn't that others know you can make money, it's that others start studying how you make money."
Mr. Xu's face gradually darkened.
These words were like a needle piercing the most sensitive spot in his heart.
He certainly knew how aggressive his playing style was.
I also know that many things in the market these past few years have been operating on the edge of a gray area.
Side agreements, transfer of benefits, bulk transactions to acquire shares, and listed companies cooperating in releasing information.
Funds are clustered together, speculative capital is taking turns driving the price up, and institutional investors are pushing the price up.
In a bull market, these things act like lubricant.
But once the market cools down, they become evidence.
After a long silence, Mr. Xu finally said in a low voice, "Mr. Chen, is it too late for me to accept it now?"
"There's still time."
Chen Mo said.
"But we need to be quick; sensitive accounts should be shut down as soon as possible. Any unclear financial relationships from the past should be severed as soon as possible."
"If the market crashes next, Zexi should not be the first to act. It should liquidate all the funds in those accounts with unclear origins, including principal and interest. Even if it means losing money, it's essential to clean up the mess."
Mr. Xu gritted his teeth, finally letting out a long sigh: "Mr. Chen, why did you remind me?"
Chen Mo did not answer immediately.
After a few seconds, he said, "You helped Taichu Capital get its license back then."
"Zexi and Jiuding both contributed to the fact that Taichu No. 1 was able to start trading so quickly."
"I don't like owing favors to others."
Mr. Xu gave a wry smile: "Just repaying a favor?"
Chen Mo glanced at him.
"One more thing, Mr. Xu is a smart man, and a smart man shouldn't fall in a place like this. Zhao Qiang is capable, but Taichu is developing too fast."
"The path that Taichu will take in the future is not one that the A-share market can accommodate."
"What Taichu will face next is a financial game that truly represents the will of the nation, and even those ruthless multinational giants on Wall Street overseas."
"Zhao Qiang is a man with drive, but he lacks the composure to survive a mountain of corpses and a sea of blood. There are some storms he can't weather."
Mr. Xu's pupils suddenly contracted.
He originally thought Chen Mo was just giving him pointers, but it wasn't until this moment that he truly understood the unspoken meaning behind Chen Mo's words.
In the beginning, things developed too quickly.
Although Kuaishou possessed unparalleled strategic vision, it lacked a true veteran capable of wielding power and handling various underhanded tactics in the face of turbulent times.
"I understand..." Mr. Xu took a deep breath. "Mr. Chen means I should go to Taichu in the future?"
Chen Mo did not deny it.
"Not now."
"Now you need to clean up Zexi's tail first."
"Let's wait until this storm passes before discussing the next step."
Mr. Xu remained silent for a long time.
Zexi was the empire he built from scratch, so it's already difficult for him to stop, let alone change his path in the future.
But the path Chen Mo offered was too broad.
It was big enough to allow him, a self-made private equity king, to peer into the top capital markets that could truly be called national strategic assets.
The carriage fell silent for a moment.
Mr. Xu looked down at his hands.
These hands swept across the country during the Ningbo Daredevil Team era, and later, after moving north to Beijing to establish Zexi, they struck fear into the hearts of countless listed companies and speculators.
This is his pride, the medals and backbone of his first half of life.
Now, Chen Mo is asking him to personally smash this empire and step back to serve under an eighteen-year-old boy. This huge psychological gap would instinctively cause anyone to resist.
Chen Mo did not urge him.
He knew all too well the backbone and greed of people like Mr. Xu, but he also knew even better just how cruel the wheels of history were about to turn.
"Reluctant to part with it?" Chen Mo turned his head, breaking the silence.
Mr. Xu gave a self-deprecating bitter laugh: "Mr. Chen, to be honest, cutting off my own arms and sheathing my sword is already like cutting off my own flesh. If you want to completely erase the Zexi brand... that would be like completely shattering my bones."
"Break the bones, at least you'll still be alive."
Chen Mo looked at him, his voice becoming serious: "President Xu, you always feel like you're fighting against fate and your peers. But do you know that when the bubble bursts, the karma you've accumulated will be the best death warrant?"
Mr. Xu clenched his fist, his expression changing several times, before finally saying, "I understand."
The car came to a smooth stop at Yujintai.
Chen Mo didn't say anything more.
Some things are best left unsaid.
Zhou Zheng and Qin Feng were already waiting outside the car.
Mr. Xu got out of the car himself and opened the car door for Chen Mo.
He stood by the car, watching the young figure disappear into the darkness of the lights, remaining motionless for a long time.
He then bent down and lit a cigarette, the flame briefly illuminating the night.
He took a deep breath, but didn't finish it; he just watched the smoke dissipate in the wind.
"Let's go."
He said to the driver.
The Maybach restarted and slowly drove away from Yujintai.
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