"If it drops below 700, I'll wait to buy at the bottom."
Kechuang Bio previously split its shares into 10 shares.
"It's clearly a fine imposed under the guise of antitrust. Don't mistake the fines imposed by the Europa League under the pretext of antitrust for actual fines; these are taxes."
But this is still unreasonable. Internet giants operate in the Europa Union, providing a small number of jobs while reaping huge profits, and at the same time, paying very low taxes in various ways.
The Europa League was very dissatisfied with this situation, so it imposed fines on the grounds of antitrust, which amounted to protection money for the giants.
Kechuang Bio focuses on product development. Their brain-computer interface VR technology, which has already been integrated into the Europa League, has already paid taxes. Therefore, this fine is different in nature from internet-related fines.
This means you made so much money here, but left me with no job or investment whatsoever.
Ultimately, it's still robber logic.
Another important point is that Kechuang Bio has private capital, state-owned capital, American capital, and even Singaporean capital behind it, but no Europa League capital.
Although the largest fund in the Europa League has been buying into Kechuang Bio since its listing, it's nothing compared to the 5% stake it acquired in Kechuang Bio's Series B funding round.
You haven't provided jobs for the Europa League, nor do you have Europa League capital behind you. It's no wonder they're targeting you.
It's already quite remarkable that Kechuang Bio has managed to hold on for so long.
This news can be considered both financial and social news, but compared to platforms like Weibo and WeChat official accounts, stock forums tend to be more objective.
After all, investments are tied to your real money, and the market will provide the answer to whether your investment makes sense.
Meanwhile, as the undisputed leader of the Science and Technology Innovation Board, Kechuang Bio was originally priced too high, making it impossible for retail investors to participate.
After the stock split, the price of a single lot was reduced to less than 100,000, making it much easier to participate.
Most retail investors who trade on the Science and Technology Innovation Board will buy some shares, more or less.
Therefore, after the news broke, discussions on platforms such as stock forums and Xueqiu were extremely heated.
Duan Yongping is a frequent user of Xueqiu (a Chinese investment platform). He is the behind-the-scenes boss of OPPO and Vivo, as well as an investor in both primary and secondary markets. It is rumored that he holds 4% of Apple's shares.
After the news broke, Duan Yongping only commented one sentence on Xueqiu:
"Buy more as the price of Sci-Tech Biotech drops. The valuation of 3 trillion RMB is far from the peak of Sci-Tech Biotech. From a future perspective, this is the absolute bottom."
As soon as the expert spoke, the retail investors' optimistic mood took over again, and their pessimistic mood disappeared without a trace.
"Three trillion RMB? Three trillion USD is about right!"
"The VR ecosystem of Kechuang Bio has been initially successfully built. This is the prototype of the future metaverse, and its stock price will be comparable to Apple's."
"The market value of Kechuang Bio is similar to that of Facebook, but its potential is far greater than that of Facebook. The fine imposed by the Europa League is just a minor negative factor, not even a minor one."
The comments section below Duan Yongping's post was filled with a cheerful atmosphere.
After the meeting at Kechuang Biotechnology regarding this matter, Li Miaomiao went to Zheng Li to report on her work:
"The Europa League's fine is completely fabricated. We intend to appeal to the Union Court, and at the same time, the legal department needs to bring in a group of lawyers with extensive experience in international law."
“These lawyers have impressive resumes, but very few of them have real-world experience in international law. We plan to poach them from Huayi’s legal department.”
"In addition, we need to open up our lithium battery technology to the outside world, but only to lithium battery technology for other consumer electronics products."
"The second-generation graphene coating manufacturing equipment is ready to be launched on the market."
Previously, the first-generation graphene coating equipment launched by Kechuang Biotechnology could only be applied to lithium metal cathodes of specific shapes.
Therefore, the battery cannot be used in consumer electronics products such as mobile phones and tablets.
The second-generation graphene coating equipment has more features and can customize the coating shape.
"Firstly, now is the perfect time for product iteration, and secondly, to avoid potential antitrust fines in the future."
"We do not share our automotive-grade battery technology with external parties, but we do share our consumer-grade battery technology."
The executives at Kechuang Biotechnology thought this was a way to avoid accusations of monopoly.
Previously, Kechuang Biotechnology's lithium battery technology was only open to domestic Chinese automakers, which has been criticized by many foreign media outlets.
Public opinion attacks are ineffective, but antitrust fines are very powerful.
Moreover, in their view, since brain-computer interface technology and endorphins are already open to external parties, it is perfectly acceptable to license lithium battery technology to external parties in the consumer electronics sector.
The consumer electronics battery market is no less significant than that of new energy vehicles.
Thanks to consumer electronics, Kechuang Bio's new energy sector is expected to double its revenue and profit this year.
After listening, Zheng Li said, "Whether we have a monopoly or not is up to the other party to decide."
"Even if we open up to the outside world, the Europa League can still find reasons to fine us."
Li Miaomiao nodded and said, "Yes, we only did what we could do."
Cheng Gang retired internally citing age. Zheng Li happened to be back in China when he left, and a farewell ceremony was held for him there.
After Cheng Gang left, Li Miaomiao became the general manager of Kechuang Biotechnology, with a temporary suffix following her name.
If she is capable, then of course she should take the job; but if not, we should find someone more qualified.
"But the current situation dictates that many things cannot be changed by individual will."
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