Chapter 505 Breakup



After the Wenzhou businessman surnamed Song finished his toast, Lu Yafei also stood up to offer a toast separately.

Xing Baohua smiled and said, "This model is only suitable for people from the Third Brother's side. It's not suitable for other places. It's not that it's unsuitable, but the timing is wrong and the risk increases. If it's managed well, making over a billion in two years is no problem. If it's not managed well, it'll only be around tens of millions. I'm talking about US dollars. Therefore, combining physical goods with virtual goods is the perfect way to make money."

Upon hearing Xing Baohua's estimated profit, Lu Yafei smiled and asked Xing Baohua, "How do you think we should distribute these profits?"

Xing Baohua turned to Yang Jing and asked, "What have Liu Haibo and the others been up to lately?"

"You don't know! After they came back from the Far East, they focused on export trade there. When they came back recently, they even used their connections to get railcars to transport supplies there," Yang Jing said.

“Call them back and let them work with you. You can come up with a profit-sharing plan later. I won’t get involved,” Xing Baohua said.

“Mr. Xing, if you don’t get involved, we won’t feel at ease! We’ll feel more at ease if you get involved a little.” The Wenzhou businessman surnamed Zhang stood up and raised his glass to toast Xing Baohua when he heard him get involved.

"There's nothing to worry about. I've already arranged for people to get involved. You can just go for it. My main reason for not getting involved is so I can continue investing in that market in the future. You're different; you'll withdraw after you've made your money. Of course, you should manage things properly over there through agents. Remember, remote control is key," Xing Baohua continued, offering his advice.

After the meal, Xing Baohua went directly to his private room to rest.

Lu Yafei and the others didn't leave either; they just had accommodations on different floors.

Lu Yafei returned to her room and called Wei Laisong. Wei Laisong arrived in less than half an hour.

Upon hearing Xing Baohua's plan, Wei Laisong laughed and said, "This kid is quite cunning; he's trying to disrupt Third Brother's economic system! Once the plan is implemented, it will take them three to five years to recover. Of course, you should also make your own plans. I'll also send people over to get involved."

This cake is so big, you few can't possibly finish it all.

Lu Yafei leaned against Wei Laisong and said, "Xing Baohua said he wouldn't participate in profit sharing. Is he worried about something? Or does he really look down on this little bit of money?"

"It shouldn't be. Rice products are his profit center. You see, the plans he talks about need to be tangible to be realized, and that means rice products."

The scheme is a mix of truth and deception, using the physical product of rice as bait. The more people buy, the more points they earn, essentially a promotion for the rice product.

After hearing what Wei Laisong said, Lu Yafei understood.

Perhaps to thank Wei Laisong for introducing her to such a powerful figure, Lu Yafei showed him great enthusiasm.

Unfortunately, Wei Laisong was unable to stay overnight.

The next day, Xing Baohua arrived at the company first, and the heads of various departments had a roundabout conversation with him.

Under Xing Baohua's high pressure, many people at Dami Technology experienced job changes.

Several people resigned voluntarily as Xing Baohua requested. As for those who clung to their positions and failed to realize their mistakes...

Xing Baohua cleaned it up without any mercy.

Because of the nature of the company, there was no regulatory body. The evidence collected from Xiaobo was directly handed over to the judicial department, and every single one of them was taken away.

The vacant positions will be offered to Xing Baohua by the human resources department based on the usual talent assessment model, and he will arrange the appointments.

Liu Quan was publicly criticized, not only at Dami Technology, but also at the rice factory.

Many people feel that Xing Baohua was too ruthless, since Liu Quan was, after all, a key contributor to Xing Baohua's rise to power.

Everyone makes mistakes; you can't just discard someone after they've served their purpose, can you?

These are all rumors spread by those who are dissatisfied, saying that Xing Baohua is planning to massacre the meritorious officials who helped him rise to power.

Some of the elderly people were also a bit flustered. At this time, Director Li stepped forward to organize a meeting and reassure everyone.

The rice is still the same rice; it's just a matter of weeding out some parasites in the process.

Xing Baohua called Henry from Motorcycles that evening after dealing with the internal corruption within the company.

He immediately questioned the other party, asking why he wasn't notified when the satellite was already operational, given that the other party was a board member.

Henry said he was not available to speak with him at the moment, but would call him later.

Xing Baohua waited for almost an hour before receiving Henry's reply.

“Xing, our previous cooperation may change, and your shares may be divested?” Henry said on the phone.

Even if Xing Baohua had a premonition that he would run into trouble, he didn't expect it to be this serious. It's like they're kicking him out!

"According to our agreement, I only need the right to use it, is that too much to ask? Besides, I've prepared a lot of things for Starlink, and I've spent all the money I could, investing real money. And you're telling me it might fall through?"

"Henry, I want to know if the motorcycle company is prepared to pay compensation?" Xing Baohua said, his tone somewhat angry.

“Xing, listen! You can still recoup your investment if you sell your shares now, but it won’t do you any good if things stay deadlocked. As far as I know, the Federal Security Service has already launched an investigation into your investment. Even if you’re innocent, you’ll still be in trouble,” Henry said.

"What about my positioning chip?" Xing Baohua asked.

“Give it to Motorcycles. They can produce it, and then you can buy the chips. That’s the most convenient and safest way,” Henry said.

"Go to hell!"

Xing Baohua cursed angrily and hung up the phone.

I was genuinely furious. The other party turned on me faster than anything else. The signed agreement was like a fart; did they have any sense of contractual obligation at all?

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