Novel Bin Chapter 282 - Safe And Sound
Chapter 282: Safe And Sound
Translator: Nyoi-Bo Studio Editor: Nyoi-Bo Studio
ASML lifted the sales ban and issued a call for peace. Samsin asked for a ceasefire. Treasure Island’s media outlets continued to amuse themselves with merriment. This overseas news was reported back to the mainland within a couple of days.
Zhongxin International and its subsidiary, Shangwei Microelectronics, agreed to the ASML’s call for peace after careful consideration. The two sides would cooperate to solve the problem of the patent dispute. After all, Zhongxin could never abandon the overseas market that was worth hundreds of billions a year simply because of some 10-odd EUV photolithography machines that only had a total value of several billion.
It was not impossible to authorize the cooperation of the two sides when it came to the super-resolution photolithography technology. However, Zhongxin requested that ASML should merge with Shangwei Microelectronics to form a brand-new photolithography machine company. Each of them would hold 50% of the shares! They would rule the market for the photolithography machines together.
Moreover, the production lines and the R&D headquarters would be placed in Z country. Z country’s counterpart in the brand new company would be the primary decision maker and would have the right to decide the sales sequence for the photolithography machines. Now they were simply waiting for the Dutch to agree or reject this suggestion.
Gallaher Rodney fell into a state of humiliation and resentment as he was faced with this difficult choice. When had he ever witnessed such harsh conditions for cooperation? Although the high-end EUVs were more profitable in the field of photolithography, larger quantities of low-end photolithography machines were sold. It was the low-end photolithography machines that represented the cornerstone for the maintenance of the long-term operation of the company! They could not give up either of the two markets! After sitting on this dilemma for a few days, Gallaher Rodney was inclined towards agreeing. However, he wanted to bargain some more.
...
“Oh, the Goreans want a ceasefire?” The corners of Chen Jin’s mouth tilted and he said into the phone, “How are you going to respond? Will you agree or not?”
“Haha!” On the other end of the call, Zhang Wei Jin said, “The price war was initiated by the Goreans. They don’t have the right to end it whenever and however they like. The decision is in our hands! But we’ve unanimously decided this. We’ll continue the war and drive the prices down! We’ll fight this war for another one to two years. The Samsin Group is a dog reared by Western capital. They’ve given us their fair share of trouble in the past few years. We must get rid of this dog. We have to cripple it even if we can’t kill it! We’ll cut off the capital from the West; they are an instrument of evil! In addition, we will soon reach a settlement with ASML to solve the legal issue of supplying the EUV photolithography machines together as well as the expansion of our OEM capacity. We’ll extend our reach in both the domestic and international markets to seize even more of the OEM market share. Our goal is to replace Mossey Electronics in three years and occupy more than 70% of the OEM market share for chips. Of course, this process will be expensive. We plan to circulate another 150 billion shares to get sufficient funds. We are even prepared to not make any profit in the next three years. There is only one goal, and that is to become the world’s top OEM company.”
Not making any profit for the next three years? Chen Jin nodded. This meant that all chips would be selling for pennies in the next three years. In addition, there was another fact worth mentioning. Zhongxin International reached the daily limit for share price increases 11 times. Its current market value was more than $450 billion. If the 150 billion new shares were issued, its total market value would exceed 600 billion. The market value quadrupled in ten days. There was still room for further growth in the future.
Zhongxin International was like a balloon in its rapid expansion. This was a huge beast that was about to grow even bigger. Chen Jin saw the articles in the entertainment news. Netizens from Treasure Island, who seemed to have lower than average IQ, did not agree with this fact. They mocked and ridiculed Zhongxin’s achievements.
Chen Jin chuckled and shook his head. “Let’s see if any of you are still able to laugh after three years!”
...
On the morning of May 28th at the Court of Happiness, Chen Jin was tidying up a few pieces of clothing and packing them into a medium-sized suitcase. An appearance of preparing for an upcoming business trip. Su Yun asked, “Husband, where are you going?”
Chen Jin lowered his head as he sorted the items in the suitcase. “I’ll be inspecting several major R&D centers across seven or eight places. It’ll be a five to six-day trip.”
Su Yun urged, “Oh, go on your trip, then. Don’t arrange your schedule too tightly. It’s very exhausting to travel continuously. You should pay attention to the food you order. Don’t drink too much.” She had no suspicions.
Of course, for his part, Chen Jin did not do anything that would arouse her suspicions. After he went downstairs, his robot double would be driven off in his car. It would begin its business trip. Moreover, photos would be sent every day to prove that he was indeed on a business trip.
Chen Jin wiped the sweat from his forehead as he thought of this. He had seen a piece of news where a man had 75 sex friends at the same time. One of his sex friends happened to be the cousin of his girlfriend’s best friend. Of course, the girlfriend ended the relationship. He could only exclaim in awe at this ultimate performance by a super casanova.
Two were difficult enough for him. He had not even thought about how to explain it in the future. It would be impossible to conceal forever. Tricky problems would arise after a number of years. But for now, he could only take one step at a time. He did not want to think about so many things. “I know. Take care of yourself too. I’m leaving.”
...
At Shanghai First Peoples’ Hospital, Chen Jin alighted from the car. He disguised himself as an ordinary person and entered the hospital.
Once he was at the 28th floor of the inpatient building, at the entrance of the second delivery room, he saw a middle-aged couple waiting anxiously at the door... It was Director Dong and her husband, Yuan Zhengguo. Chen Jin asked as he walked towards them, “Auntie Dong Wei, Uncle Yuan, I’m here. How is Li Li’s situation?”
Dong Lei said, “She’s been inside for more than three hours. She’s still in labor.” She gave Chen Jin a complicated look. In fact, she never dreamed that the young man in front of her would grow to such an incredulous degree. Her only daughter was dead-set on being with him at the cost of her status, which was currently rather embarrassing. Even so, her daughter was still very happy to endure it.
As she watched her daughter’s belly growing bigger each day during her pregnancy, Dong Lei thought about fighting, about instigating a showdown, and even planned to blow up the situation. She wanted to fight for a legitimate status for her daughter so she did not have to stay in this current humiliating and low status any longer. However, with the discouragement of her daughter, the extreme and aggressive thoughts in her mind were never realized.
“My dearest son-in-law, your timing is just right. Lin Lin missed you the most when she entered the labor room. She can rest her heart now. You can be assured that both mother and child will be safe.” Yuan Zhengguo went towards Chen Jin and shook hands with him warmly. He gave him a detailed explanation of the situation.
Dong Lei’s eyes were burning with rage as she gritted her teeth. She wanted to strangle the two men. Especially Yuan Zhengguo. He could actually talk and laugh with Chen Jin.
“Son-in-law, I’ve listened to your suggestion and withdrew all my liquid capital out of the hand. I’ve heavily bought Zhongxin International’s shares. What happened next was really too much. Four times, the share price has skyrocketed four times. I’ve earned billions with this.” Yuan Zhengguo was very excited. The money that he earned from his lifelong career as a businessman was still less than what he profited with this single speculation. He had been doing business for a lifetime. He felt extremely happy and rather pleased with himself.
“Uncle Yuan, let’s wait for the outcome of the labor. We can discuss business affairs at a later time.” Chen Jin felt the power of material wealth. This cheap father-in-law really had no sense for occasions. He easily solved the issue of Yuan Zhengguo. First, he sent a red packet of $50 million. Then, he offered him several high-yielding investment channels. These were two simple moves that he used to buy the man over to his side. This cheap father-in-law acted in a familiar and self-satisfied manner every time they met, which helped to ease the pressure he felt.
They waited for another hour before the door of the delivery room opened. “Is Yuan Lin’s family here? Congratulations, she has successfully given birth to a boy. Both mother and son are safe.”
Chen Jin felt a wave of excitement coming over him in an instant.