Basically, it will start with at least two consecutive limit-up days.
By the end of 2023, China's stock market had fully implemented a registration-based system. The fundamental logic of the secondary market has changed.
Companies with good performance and positive expectations are more likely to be sought after.
Futureverse's suppliers fall into this category.
Cheng Gang naturally profited handsomely from capital operations.
As the general manager of Kechuang Biotechnology, he was among the first to know about any news related to the company.
He collaborated with institutions and leveraged his information channels to achieve great success in the secondary market.
The losses from previous investments in Abogen Biosciences and Stemirna Therapeutics have been fully recovered, and there has even been a considerable profit.
Before the Futureverse launch event, Zheng Li went directly to Cheng Gang:
"Old Cheng, we've been working together for quite a while now, it's about time you started to retire."
"You can stay in this position for a while longer, hand over your work during this time, and then gradually retire."
"If you still have a passion for science and technology innovation, I can give you a nominal title."
Cheng Gang was shocked and terrified because things had happened so suddenly.
Just the day before, he had convened a board meeting as the general manager of Kechuang Biotechnology, and today Zheng Li came to tell him to hand over his power.
Only those who have held power know its value, and thus become more unwilling to relinquish it.
As a company with a market value of nearly three trillion RMB, the general manager of Kechuang Bio has a level of power comparable to that of Tencent.
Similarly, the reason why Kechuang Bio is where it is today is entirely due to the disruptive impact of the technology brought by Zheng Li on the fields involved.
The absolute technological lead has made Kechuang Bio stand out among biopharmaceutical companies in terms of both revenue and net profit.
Cheng Gang certainly made contributions to the establishment of Kechuang Biotechnology, but his contributions were insufficient to justify his role as the general manager of Kechuang Biotechnology.
Simply put, it means that one's virtue does not match one's position.
A company's most important revenue comes from the founder's inventions.
Cheng Gang was well aware of this, but he thought Zheng Li was someone who disliked power and only cared about his research.
Deep down, I still had a lingering worry: what if he was no longer the general manager of Kechuang Biotechnology?
This is precisely why Cheng Gang leaked information to institutions, allowing him to reap huge profits for himself in the capital market.
When that day actually comes, I will still feel very unwilling.
As for the protest, Cheng Gang held less than one percent of the shares, and all the other people combined did not hold as many shares as Zheng Li.
Not to mention, he has no chance of winning over the minority shareholders of Kechuang Biotechnology.
At least BOCOM International will definitely not stand on his side.
Cheng Gang is just a manager; Zheng Li is the future of China's scientific research community and a top scientist in the field of biology.
The two are completely incomparable in terms of their national status.
Cheng Gang had absolutely nothing to rely on to support him and Zheng Lidou.
Therefore, after hearing Zheng Li's words, Cheng Gang's thought of resistance only flashed through his mind for a moment before quickly fading away.
He knew that Zheng Li was the kind of person who would push forward once he made a decision, no matter what difficulties or obstacles there were.
Therefore, Cheng Gang simply asked, "Chairman Zheng, I may not have made any great contributions to Kechuang Biotechnology, but I have certainly put in a lot of hard work."
"The company has been operating smoothly recently, so why was I suddenly replaced?"
"I don't have many years left before I retire."
The subtext of the last sentence is a plea: could he wait until he retires and naturally give up his position?
Zheng Li was quite helpless:
"Old Cheng, I know you've made contributions to Kechuang Biotechnology, but contributions can't be a shield for everything."
“You have been leaking company secrets to external organizations. They may not be secrets, but at least a lot of information has been leaked from you.”
“You leaked information to IDG Capital and Goldman Sachs from the very beginning of our acquisition of SecondMind.”
"Later, you leaked all this information to Gaoyi Capital about lithium metal cathode materials, including the suppliers for this Futureverse project."
"A private equity firm was jointly established by Gaoyi Capital and a company whose legal representative is your sister."
"This private equity firm has been using your information channels to make huge profits in the capital market over the years."
Cheng Gang looked displeased. He thought that with Zheng Li in Singapore, these things wouldn't be exposed.
As it turned out, the other party even clearly explained which organization he was cooperating with and how they were cooperating.
Cheng Gang tried to argue, "Chairman Zheng, I didn't mean to contact Secondmind that time. I just wanted to ask Young from IDG Capital if they had any channels to help us contact Secondmind directly."
"I have never betrayed the company's interests in the subsequent events."
Zheng Li stated directly, "The reason we didn't betray them is because the benefits weren't big enough."
"If Kechuang Bio discovers any clues about the coordinates of magoin and leaks them, other companies will poach the magoin first."
“It is precisely because magoin’s importance in the company has increased that I cannot tolerate you remaining in your current position.”
"You decide whether you want to maintain your dignity, or I want to help you maintain your dignity."
Cheng Gang remained silent; he knew the root of the problem.
Once trust is lost, rebuilding it is virtually impossible.
The value of magoin far exceeds that of capital; it could be the possibility that a scientifically created organism might discover the existence of intelligent planets in a certain galaxy.
Cheng Gang then leaked the information to foreign financial institutions, which poached Magoyin ahead of time.
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