Chapter 159 New Year's Party



As the Spring Festival approaches, business people in Shanghai hold a New Year's party as usual.

Of course, although it is organized by the business community, successful people from other walks of life will also be invited to participate. However, the threshold for this event is extremely high, and those who are not wealthy enough or well-known will not be able to get an invitation.

Si Mingyu was naturally among the invited guests this year. After all, the battle between him and Xu Group was one of the famous events in the business circle of Shanghai this year. He proved his strength with the battle example.

This event, held at the Shanghai Peace Hotel, boasted fewer attendees and stricter security than other similar events. It's safe to say that unless there were exceptional circumstances, the invited guests were obliged to attend. This was a gathering of Shanghai's top minds.

Si Mingyu is the youngest among all the people participating in this year's Spring Festival party. Generally speaking, to meet the requirements for receiving an invitation letter, one must be over 30 years old. Even if the second generation who came with their parents are included, he is still the youngest.

Only four of the six families with whom Si Mingyu had close ties came. Families like Liu Zhongzhou and Li Taizhe weren't invited due to their financial strength. And if the Guo family hadn't made a killing through cryptocurrency trading thanks to him, they wouldn't have qualified.

As for actors and stars, there are only a few of them, most of whom are successful old artists. Unless you have a sufficient status in the entertainment industry, you can't get in at all.

The rest are either famous lawyers or financial wizards, or executives of banks, investment banks, multinational corporations, etc.

Si Mingyu, the newcomer, is really too new. Although he has participated in several activities and is familiar to many of the people there, he is just familiar with them. He really can't find any common topics with the older generation.

Just when he was considering whether to go talk to Senior Cai about Genshin Impact, someone came over first.

"Mr. Si." The other party greeted politely.

"Boss Yu, I'm not worthy of being called that. Just call me by my name." He still had to be respectful to Si Mingyu, a senior in the business world.

"That won't do. If I really call you by your name, it would seem like I'm taking advantage of my age."

What Boss Yu said made sense. Si Mingyu was invited here based on his wealth. How could he be looked down upon just because he was young?

"Boss Yu, you're too kind." Si Mingyu smiled and said nothing more.

"A few days ago, I heard that Mr. Si wanted to get involved in the electronic semiconductor industry. Is this true?" Boss Yu asked directly.

"It is true. We are currently discussing the acquisition of the factory. I wonder what Boss Yu mentioned today?"

Since the other party directly brought up this matter, he must have already known the truth clearly. It cannot be hidden, so it is better to admit it openly.

"You know I work in semiconductors, and I'm one of the earliest in the industry. I happened to hear about this and came over to ask if there's anything I can help with."

In fact, this was a reminder to Si Mingyu, telling him that he was the boss of the industry in Shanghai. I know what you are doing, and I want to see if you have anything to say to me.

Of course, the most important thing is to know whether the other party’s next product will conflict with your own.

Boss Yu wouldn't have worried about any other small company, but Si Mingyu's own strength was already unpredictable, and his battle with the Xu Group had amassed 600 to 700 million yuan from the stock market. Even if that money were simply invested in the electronics and semiconductor industry, he would still be a formidable opponent.

"Boss Yu, you're welcome. I don't know if you've noticed, but I've created a small appliance brand of my own, and my main sales channel is overseas. It's selling well, so I'd like to expand production capacity and see if I can crack the market in Damao."

Si Mingyu did not hide anything. There was nothing to hide. There were not too many people who wanted to sell small appliances to Damao.

"I actually know about this. The conflict between you and the Xu Group is probably related to this brand."

Hearing that the other party's business wouldn't conflict with his own, Boss Yu felt relieved. Unlike financial investment, factory construction takes a long time and requires a high level of transparency. So Si Mingyu didn't need to lie to him about this; otherwise, it would leave a bad impression and serve no purpose.

"Well, I believe Boss Yu is very clear about the right and wrong of this matter. It is an unexpected disaster for me." Si Mingyu did not say much. With the other party's status, he should have found out what happened long ago.

"Your brand has achieved great results in just one year. Haven't you thought about selling it domestically?" This was a test of Si Mingyu's next idea.

"I can't compete with so many big brands in China, so I'm taking advantage of the fact that no one is paying attention to some small foreign markets."

The competition in the domestic market is indeed too fierce. He is now content to make some money by guarding a few exclusive channels. After all, the main business is not in this area, and it is enough as long as the revenue can be maintained.

Since there was no competition, the two of them were just friends, not enemies, and they chatted about some random topics.

After finishing the chat, Boss Yu met with General Manager Sun and General Manager Zhong one after another. It was obvious that his conversation with Si Mingyu this time was not on his own behalf. If the acquisition of the electronics factory really caused a conflict with certain people's products, things would probably not go smoothly in the future.

At this time, Guo Jun came over and said, "I'll take you to meet Principal Wang. We all meet each other every day in the Magic City."

Si Mingyu nodded and did not refuse.

Although the two met each other several times at different events, they never spoke to each other.

As a nationally renowned second-generation rich man, Principal Wang felt a bit embarrassed to take the initiative to greet Si Mingyu, who was much younger than him. Similarly, as the boss of a wealthy group, Si Mingyu felt equally embarrassed to take the initiative to chat with a second-generation rich man.

This is when a middleman is needed.

The Guo family's status in Shanghai's financial circle has soared due to the huge profits from cryptocurrency speculation, and Guo Jun has also entered the circle of top second-generations. It is most appropriate for him to introduce them.

"Principal Wang, this is Si Mingyu, a rising star from Jiaotong University and the owner of the East Asia Mingyu Group."

"I don't need to introduce myself to Principal Wang. We'll have to play together in the Magic City from now on."

With Guo Jun's help, the two of them were acquainted, and they chatted about whatever they wanted. Qin Fendou joined in, and after a few polite words, they became acquaintances.

There are not many top second-generation people in Shanghai. Although they are the core figures of their own small circles on weekdays, they must know each other. Even if they have no intersection, they will give each other some face when something really happens.

Of course, second-generation people like Si Mingyu, whose wealth comes from their parents but who are the actual owners, are an exception.

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