Chapter 75: San Xin In Peril!
Great Xia Foreign Affairs Department routine press conference,
Zhao Bo hosted this press conference.
In his mind, he thought of the various huge changes proposed by Director Ye when he gathered their several major departments for an internal meeting not long ago, and that handsome face couldn’t help but smile even more happily.
“Regarding the sanctions notice issued against Great Xia’s Xinghai Technology Company by the White Alliance not long ago, it has now been decided that Great Xia formally issues a stern notice to the relevant forces.
Demanding that the White Alliance immediately revoke all sanctions clauses against Xinghai Technology. These clauses seriously violate trade agreements and could even cause major impacts on the financial market.
This notice states that within three days from the release date, if the relevant forces still persist in their delusions, Great Xia will initiate counter-sanction measures.”
Foreign Affairs, the notice at the press conference seemed simple, but the reporters from various forces present who could participate were not simple characters.
This could be guessed from the fact that the official hosting today’s press conference was the rarely seen Zhao Bo.
Immediately, an impatient reporter raised their hand to ask a question.
Zhao Bo raised his hand to signal.
This reporter from South Island Country, with the badge on their chest, hurriedly stood up and spoke in broken Great Xia language, making Zhao Bo frown tightly.
“As far as I know, the White Alliance’s sanctions measures against Xinghai are because Xinghai Technology sells products overseas at a price 10 times higher than domestic sales, which is suspected of discriminating against the overseas market.
The related sanctions made by the White Alliance are also reasonable.
May I ask Mr. Zhao, for what purpose is Great Xia ignoring the facts and favoring Xinghai Technology.”
Zhao Bo’s good mood instantly vanished; the shamelessness of these reporters from various countries was as consistently detestable to him as ever.
South Island Country, San Xin Group Headquarters.
Jin Ze sat in the newly redecorated luxurious office, his face once again wearing that gentle expression.
After the Cupertino Semiconductor Alliance conference, those leading companies that still attempted to hide behind and reap the benefits finally clearly recognized reality.
The meeting ultimately decided that all enterprises would unite as one this time, join hands to confront Xinghai together, as well as any possible counter-sanction actions from Great Xia.
And now, the live broadcast on the news confirmed his guess.
Great Xia had personally stepped in to stand up for Xinghai.
So next, it was entering the stage of real money confrontation.
What could San Xin gain in this process?
He had long had an answer to this question; otherwise, why would he disregard Jin Zhiyong’s persuasion and always persist in his own business philosophy.
Because up to now, among the White Alliance side, only San Xin Group had experience in graphene chip research and development, and had even produced a finished product.
In a certain sense, it was still the world’s first graphene chip to be released.
Therefore, to save development time, the giants of Cupertino decided to take San Xin Group as the leader, spare no cost in funds, and freely provide the most top-tier technical strength that each could offer, to jointly complete the preparation and research of carbon nanotubes.
San Xin Group participated in the Semiconductor Alliance for the first time as the leader.
This was the first time in the history of San Xin’s development!
While feeling deeply proud, he also believed that with the research forces of many global top enterprises working together to tackle the problem, the catalyst issue required for carbon nanotube preparation would eventually be solved.
And before that, everyone just needed to firmly hold back Xinghai’s pace of entering the international market to preserve the hugely profitable high-end chip market share.
Competition in a market of trillion-scale is not something that happens overnight.
Jin Ze’s smile grew even more; with San Xin’s Materials Laboratory that gathered global top technical strength, and funding support regardless of cost, the catalyst problem would surely be smoothly resolved before long.
At that time, San Xin Group would acquire huge interests in the future graphene chip market with the highest shareholding.
Just like at this moment, on the television, the darkening face of Great Xia’s Minister of Foreign Affairs upon hearing the reporter’s question made Jin Ze watch and smile even more happily.
“This reporter from South Island Country, what you need to know is that, from the information I have obtained, in this matter where the White Alliance imposed wide-ranging sanctions on Great Xia enterprises, your country’s San Xin Group played a very disgraceful role in the middle.”
Zhao Bo’s tone was not good, and his speech lacked the usual flair.
“As far as I know, Xinghai Technology started with an attitude of active cooperation and carried out in-depth cooperation with San Xin’s Great Xia District.
But after Jin Ze took office as Great Xia District Manager, this cooperation, which was beneficial to both sides, was unilaterally stopped by San Xin.
Furthermore, in our subsequent investigation report, San Xin Group is suspected of illegally stealing Xinghai Technology’s secrets.
And there are also acts such as threatening Xinghai senior executives to try to use them as commercial spies.
In response, we will issue a 100 billion fine to San Xin Group to compensate for the huge losses caused to Xinghai Technology.
Please convey to San Xin that this fine takes effect immediately. If your side does not pay within a week, the relevant departments will seal and auction San Xin Group’s assets in Great Xia, and at that time, 100 billion from the auction proceeds will be taken out as fine payment.
The above penalty decisions are all legal and compliant. Please urge your San Xin Group as soon as possible.”
As Zhao Bo’s words fell, in the chairman’s office of South Island Country’s San Xin Group, the gentle smile on Jin Ze’s face froze.
The sun was gradually setting, and the secretary outside had waited for a long time before gently knocking on the office door.
“Chairman, there is a banquet later that you need to attend.”
He just gave a simple reminder; in his impression, Chairman Jin Ze had a very strong sense of time and didn’t need much urging from him.
Office.
The news press conference on the television had ended long ago, and the advertisement playing now was from a certain brand under San Xin Group.
Jin Ze stared blankly, vacantly gazing at the television.
How dare they!
On what basis do they dare!
Do they think that with just a small Xinghai Technology, Great Xia’s top level feels they have the strength to flip the table?
The general trend of the world has always been on the White Alliance side.
Jin Ze had always firmly believed this!
San Xin Group’s assets in Great Xia are not few; at peak, they once reached 30% of total assets.
Although now only about 25% remains, simply calculated against San Xin Group’s current 3.4 trillion market value, 25% is 850 billion!
How dare Great Xia!
Jin Ze’s mind was empty and somewhat dazed.
According to his plan, shouldn’t Great Xia just raise a protest, at most some low-intensity counter measures in other trade taxes?
On what basis do they dare to issue the highest amount fine in human commercial history so far, without any prior warning?
