Chapter 107 Cold Water on a Hot Stove



Moonlight bathed the pear orchard.

Jiao Yuyin's conference call finally came to an end. Before hanging up, Lu Yu let out a long sigh of relief, surprisingly in unison with an employee on the other end of the call.

The laughter, which everyone understood and restrained, was instantly cut off.

Lu Yu looked up at the sky.

What bad luck she had! She persevered to the very end, only to fail at the last hurdle.

"Um... are you developing a new field on your own?" Lu Yu quickly changed the subject.

Jiao Yuyin hummed in agreement, closed his laptop, then opened it again, rubbed his slightly sore arms, and propped himself up. In the midst of the chaos, Lu Yu could only cling to him like a koala, and was suddenly settled on a vacant spot on the desk.

One sitting, one standing, their eyes level.

Lu Yu could clearly see Jiao Yuyin's eyes.

The contact lenses cast a soft glow, obscuring his originally deep black eyes. Lu Yu recalled that she had asked him this question before; it seemed she thought that deep black eyes were too intimidating, and he didn't want that.

Come to think of it, it seems like he hasn't worn glasses in a very long time, probably because of that ridiculous kissing that got in the way.

Lu Yu moved her lips, deliberately trying to change the subject. "The Jiao family already has so many businesses, aren't they enough to keep you busy? And you're even starting a new business?"

“That belongs to the Jiao family, not mine,” Jiao Yuyin said calmly. “Who is in charge of which industry is all on paper. As you have seen, my father currently holds absolute power in Yuhua Group. Only companies that one truly controls can be considered effective forces.”

"Didn't you say it was something non-profit? I don't know about other things, but you can't survive by just eating rice, can you?" Lu Yu listened to Jiao Yuyin's online meeting, completely confused.

Jiao Yuyin wrapped his arms around Lu Yu's waist and said, "Ruixin Technology is a non-profit company that only does research and development. But Ruixin Group, which profits from its technology, is not. Ruixin Group is a listed company."

"Ruixin Technology? Ruixin Group? Aren't they the same thing?"

"This is a bit convoluted, would you like to hear it?" Jiao Yuyin asked.

"Of course I want to. I've been here all night, so I have to listen to the big boss's business lecture to make it worthwhile." Lu Yu still had that playful attitude.

Jiao Yuyin ruffled her hair, smiled, and then began his lesson. "Ruixin Group is a listed company, meaning it needs to be profitable. Generally, listed companies need shareholders, a board of directors, and company employees, including senior executives. The typical operating model is that shareholder representatives appoint directors at the shareholders' meeting, and then the board of directors, consisting of about five to ten people, is formed. The board of directors appoints senior executives, such as the CEO and COO."

“This is basic background information. The general logic is as follows.” Jiao Yuyin paused for a moment and said, “Yuhua Group is one of the shareholders of Ruixin Group, holding 49% of the shares. The other 51% of the shares belong to a third-party investment platform, which means that the control of Ruixin Group is in the hands of this third-party investment platform.”

Lu Yu nodded; so far, she could understand what she was saying.

Upon seeing Lu Yu's response, Jiao Yuyin continued, "The three-party investment platform consists of Ruixin Technology, a non-profit company, individual employees of Ruixin Technology, and external retail investors. Ruixin Technology is converted into technology shares. In other words, the strategic decisions of Ruixin Group are made by Ruixin Technology."

"So controlling Ruixin Technology is enough for you, right?" Lu Yu roughly understood the situation.

“Yes,” Jiao Yuyin said. “Ruixin Technology is a non-profit company, so it doesn’t have the concept of profit and therefore doesn’t have shareholders. So it only has a board of directors and company employees. This model is very common in foreign companies. Therefore, for Ruixin Technology, the board of directors decides on the appointment and removal of important positions in the company.”

"So you're the CEO of Ruixin Technology, and this is how you leverage the Jiao family's resources to power yourself?" Lu Yu scoured the few relevant terms to summarize.

Jiao Yuyin raised an eyebrow and said, "Pretty much, provided that the board members, that is, the directors, do not have any problems."

"Does that mean these directors are all people you trust?" Lu Yu asked.

"Some are directors, and the others are external hires with no vested interest. This is quite common in foreign companies. One-man rule is not a good thing. Everyone has a different perspective and sees different problems. A healthy company needs voices from different perspectives, which makes it easier to correct problems during the development process."

Jiao Yuyin rested his head on Lu Yu's neck and continued slowly, "Actually, the whole world is investing resources in the field of intelligence or AI. I also want to try using a non-profit enterprise model to see if I can make something. Although I can't personally invest in scientific research, at least I want to use some special methods to contribute to those scientific research projects that have been shelved due to insufficient funding."

Lu Yu rarely heard Jiao Yuyin talk in detail about the company. Over time, she had become accustomed to Jiao Yuyin's concern and tacitly accepted that all of Jiao Yuyin's actions were based on the pursuit of the truth of what happened back then.

In retrospect, she knew far less about Jiao Yuyin than he knew about her.

He was ambitious and wanted to break the existing patterns of the Jiao family, seek breakthroughs in new ways, and also break free from the Jiao family. This Jiao Yuyin seemed to be shining.

Jiao Yuyin's voice was broken, "Actually, I'm doing this for myself. This way, I can ensure control over Ruixin Technology. Ruixin Technology is also the largest shareholder of the three-party investment platform, which means I indirectly control this profitable company, Ruixin Group. I want to keep companies in the AI ​​field in my own hands and truly break them out of the Jiao family's control."

Lu Yu placed her hands on Jiao Yuyin's waist and gently rested her head on his shoulder. She gained a new understanding of what it meant to have broad shoulders and a narrow waist.

Her leaning on him represented her entire response.

But Lu Yu's peculiar thought process, coupled with his bold remarks, always resulted in him never saying anything normal. "I'm blown away by the boss's brilliance again. He's using others to his advantage, playing the game perfectly."

"Are you... praising me?" Jiao Yuyin raised his head from Lu Yu's neck, slowly blinked at Lu Yu, and confirmed it.

Lu Yu's sincere and proud expression didn't seem fake at all.

Jiao Yuyin was truly speechless. He had such a nice girlfriend, why did she have to have a mouth? He really should just bite her to death.

The idea was put into practice immediately.

——

"Mmm..." Lu Yu felt a sharp pain on her lips and let out a muffled groan. She pulled away slightly, "Why... are you holding me down to kiss you?"

"Pouring cold water on a hot stove...that's how it works."

His broken words blended into the night.

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