Xu Mengyao frowned even deeper when she heard the number of one hundred thousand, but she had invested all her family fortune!
"Grandma Qi, listen to me and get it back when we get back to Hai City."
Her anxious and serious words were like a bucket of cold water poured on everyone's heads, and the atmosphere in the room instantly became solemn.
Grandma Qi looked at her with some confusion.
"This...I just made the shot not long ago." There was some confusion and hesitation in his words.
Grandpa Qi also asked, with a hint of doubt in his tone:
"Wenjuan, are you saying this company is unreliable? That shouldn't be the case!"
Xu Mengyao nodded with a frown on her face, but she was unable to prove to them that this was a Ponzi scheme and was extremely anxious.
Father Huang saw this and scolded him:
"Don't talk nonsense, kid. You don't even know the company well enough to say it's unreliable. Look, it's clearly written in the newspaper, and it's in the advertisements, too."
"Okay, let's not talk about this during the New Year. Wenjuan must have her reasons. Do you know more than her? Can you make money with her?" Huang's mother immediately retorted when she saw that her husband had a bad attitude towards her daughter.
Grandpa Qi saw this and quickly tried to smooth things over:
"Yes, it's New Year's Day, let's not talk about this for now. Wenjuan is smarter than any of us can compare to. When we get back to Haicheng, I'll go and ask your grandmother Qi to return it."
After he finished speaking, Grandma Qi forced a smile and nodded.
Wen Rong saw his sister's anxious face, stepped forward and gently patted her on the back, took her back to her room and comforted her:
"Don't be angry, Dad was a little impatient just now."
Xu Mengyao took a deep breath and tried to calm herself down:
"It's okay. I was a little anxious. Grandma Qi has already invested. If I ask her to withdraw without any evidence, it will be unconvincing. Big sister, go get me all the recent newspapers from Dad so I can research that company."
Wenrong nodded and went to the living room to help his sister find some newspapers. Soon, he returned with a stack of newspapers.
"Here, these are the newspapers from the last month."
In recent months, the three of them, preparing for the college entrance exam, had rarely watched TV, let alone read newspapers. So she had no real impression of this company. On the contrary, Huang's father had always maintained the habit of subscribing to several newspapers every day.
After Xu Mengyao finished reading all the reports about the Great Wall Company in the newspapers, she had to admit that Shen Taifu was indeed a master at inciting people.
He first compared China with other countries, pointing out that developed countries have an 80% penetration rate of energy-saving motors, while China currently only has 20%. He then praised the superiority of his energy-saving motor, citing the numerous patents and overseas orders it has secured. He then went on to incite public fundraising to develop and mass-produce this highly competitive flagship product.
The conditions he offered were very attractive. Investors could sign a technology development contract directly with the company. The minimum investment amount was 3,000 yuan, and there was no upper limit. Investors could withdraw cash at any time and receive interest quarterly, with an annual interest rate of up to 24%. The bank's savings interest rate was around 12%. The prospects were bright and there was official endorsement. The investment conditions were extremely convenient, making it a sure-win deal no matter how you looked at it.
"Wenjuan, do you see what's wrong?" Xiaomei couldn't help asking when she saw her being silent for a long time.
Xu Mengyao put down the newspaper and looked up at Xiaomei:
“What do you think of this investment?”
Xiaomei pondered for a moment and said slowly:
"Well, I think it's great, so good that it makes me feel a little uneasy."
"What do you mean?" Xu Mengyao asked curiously.
Xiaomei was silent for a long time and said seriously:
"The newspaper said this company opened dozens of branches in just a few months, and the investment pool has already reached hundreds of millions. This is practically free money. But you made even more by buying subscription certificates before, and I didn't see you publicly tell anyone about it."
Furthermore, the Haicheng newspapers at the time said the proceeds from citizens buying the certificates would go to charity, suggesting many people didn't believe it was profitable. But you did, and getting rich is definitely a very small possibility. But this Great Wall company was hyping it up, as if everyone could just sit back and wait for their share of the profits. That, in turn, struck me as a bit off.
Xiaomei's words surprised Xu Mengyao.
"Xiaomei, I didn't expect you to have such a clear understanding! Just like you said, there's no such thing as a free lunch. No one can guarantee a rate of return before investing. Why would anyone be willing to bring everyone along for free when there's such a great opportunity to make money?"
At this time, Huang's mother came into the house and just heard Xu Mengyao's last words. She frowned slightly:
"Wenjuan, do you think this is really unreliable? I was just thinking about investing. If this is unreliable, why are there so many reports in the newspapers?"
Xu Mengyao explained patiently:
"I carefully read the fundraising news in these newspapers. The first one was published in Science and Technology News, and then other newspapers and magazines published it one after another. Science and Technology News especially published their progress one after another, with praises one after another.
However, all the news about Great Wall Company in the Science and Technology News was published by a reporter named Sun Xing. They must have been engaged in private dealings. Those uninformed will be misled, as news reports often focus on social hot topics. But fake is fake. No matter how they package it, it will eventually be exposed. Their overwhelming fundraising ads will sooner or later attract an investigation.
After hearing her daughter's analysis, Huang's mother's expression became serious. After thinking for a moment, she finally nodded.
"Then I'd better not consider investing for now."
Afterwards, the family gathered their thoughts, stopped talking about the Great Wall Company, and happily prepared for the New Year. This year, the number of people celebrating the New Year together had increased again: the Qi family of three, the Huang family of 15, the grandfather's family of seven, and Xiaomei, for a total of 26 people.
My uncle and two cousins brought back a few tables from the store and put them together in the yard to make three large tables. Everyone crowded together in a lively atmosphere.
Wenxia said happily, "Haha, this is the first time I'm celebrating Chinese New Year with so many people. I'm going to get a lot of lucky money! And the table at home looks like we're having a big feast."
Xu Mengyao's shop had been temporarily closed. Business would be slow during the winter break anyway, so it was better to let Huzi and the others go home and rest. Besides, Grandpa was always concerned about his uncle's family. When he heard that Big Head Brother had found a partner, he was extremely happy. He decided to let them go to Hai City with the Qi family in a few days to see how their uncle's business was doing.
And there was Xiaotou, the child. Although he had never said anything since returning from Haicheng with his uncle's family, he would always look at the warm scenes of other families with a lonely expression on his face. This time, we would send them all over for the reunion.
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