In the past two years, Xingrui's biggest enemy has always been the penguin.

The fight between the two parties originated from the competition between Credit Suisse and v-Trust. They had several lawsuits over functions such as People Nearby, Shake, and Moments. The fights were fierce and life-and-death. Their conflicts were even more caused by the billion-dollar gambling game.

It is well known throughout the country and is nicknamed "Happy Enemies" by netizens.

Subsequently, the two sides started competing in the game field. Li Rui snatched "Cross Fire" from Penguin's hands, causing Penguin, who rarely suffered losses, to suffer a huge loss. The launch of the XR game platform further encroached on the game.

In addition to Penguin Games’ influence in the country, even several international acquisition projects were disrupted by Xingrui.

Entering 2013, Credit Suisse's data in all aspects completely left behind V-Trust. Xingrui Games frequently had explosive hits and suppressed Penguin Games in all aspects. Penguin was at a disadvantage in many competitive fields and had no voice for a long time.

With the launch of Credit Suisse Payment and Xingrui's rapid development in many areas of the Internet, Ali gradually replaced Penguin and became Xingrui's next target.

Xingrui and Ali both want to create an ecosystem that covers multiple areas of the Internet. In the future, fierce competition is likely to break out in areas such as payment, travel, food delivery, and local life services.

In addition to competition, the two sides also have a lot of cooperation.

Li Rui previously successfully blackmailed Jack into acquiring Ali Cloud's shares in Google Cloud, and finally won Ali Cloud's ten-year service at an ultra-low price.

The data of many Xingrui projects are run on Ali Cloud. Although they are competitors, Ahri still has to hold its nose to provide services to Xingrui. Needless to say, this is frustrating.

Not long ago, Li Rui sold a favor through Ahri's acquisition of 91 Mobile Assistant, and negotiated a cooperation with Jack to acquire Amap.

The two sides were fighting at the head of the bed and at the end of the bed, breaking bones and even tendons.

But the Internet finance represented by Ruixinbao is too important to both Xingrui and Ali. No matter what cooperation or friendship they have, they will definitely do their best in the face of the temptation of such huge benefits.

Use all your strength to defeat the opponent to win the final victory.

…

On his last day in Yanzhou, Li Rui went to meet Dong Biao.

As soon as he saw Li Rui, Dong Biao said with emotion: "Mr. Li, you are so capable!"

Li Rui said with a smile: "President Dong, why can't I tell whether your words are complimentary or derogatory?"

"Of course it's a compliment. You want to buy Arm. This is a good thing to bring glory to the country!" Dong Biao said.

Li Rui said hurriedly: "Dong Xing, we haven't said anything about this yet, so we can't tell anyone about it."

Dong Biao said: "Don't worry, I know the ins and outs. You know this and I know it. God knows it and the earth knows it. I won't tell anyone a word."

After chatting for a few words, Li Rui turned the topic to Hua Mintou.

"Dong Xing, I heard that the investment company you are planning has been signed and approved by the big boss?" Li Rui said.

Dong Biao didn't know whether to laugh or cry: "You are too well-informed. Where did you hear about what happened just a few days ago?"

Li Rui smiled and said: "Secret."

Of course he knew it from Chen Fengmei. The news that shocked the entire financial world is still in the confidentiality stage, but Chen Fengmei is one of the managers, so of course he knows a lot of inside information.

This investment company was named "Hua Mintou" as in its previous life. It was nominally a private investment company, but the big boss's personal signature and approval and the word "Hua" in the name were enough to illustrate its importance.

Dong Biao didn't ask further. Among the many big bosses he dealt with every day, who didn't have some extraordinary abilities? It would be strange if Li Rui couldn't even find out this bit of information.

"The higher-ups have just approved it, so it's still early for it to be established." Dong Biao explained.ωωw..net

Li Ruidao: "Don't worry about when it was established, how about counting me as a share?"

Dong Biao smiled and said: "Then I will definitely leave you one share, 1 billion, 2% of the shares, how about that?"

"It's a deal." Li Rui said, "Also, don't forget my 3 billion magnesium yuan investment!"

Dong Biao said angrily: "You only invested 1 billion, and you want to take 18 billion from me. Your abacus is making a lot of noise!"

Li Ruidao: "Dong Xing, what is the purpose of establishing our company? Is there a way to carry out overseas investments, expand overseas markets, and seek various acquisitions and development opportunities? Please tell me, where can you find something better than what I have in hand?

Are there better opportunities for arm acquisition projects?”

Dong Biao pondered: "The problem is that you only provide the funds for the acquisition, but you don't get the actual control of arm... and this investment is not in line with our investment philosophy."

This is not a perfunctory response to Li Rui, but the truth.

If Li Rui's acquisition of ARM is a high-end Silicon Valley-style acquisition, then the investment that Shengmin Bank led by Dong Biao has been a bit similar to "picking up rags."

Dong Biao once said in public that running a bank is similar to picking up rags. We must pay attention to classified management and be careful not to pick up bombs.

Over the past few years, Shengmin Bank has often acquired projects in the steel, photovoltaic, and shipbuilding industries. Almost all of them are industries that the industry considers to be full of garbage and bombs. However, Dong Biao is able to obtain profits from these garbage projects, and also makes a profit.

Quite a few.

Although ARM is one of the most high-tech and high-yield companies in the world, it is not the kind of investment target Dong Biao likes at all. In the absence of control, there is no way to make this project more profitable through a series of reorganizations and integrations.

Cash out later.

Li Rui thought in his heart, Old Dong, Old Dong, it seems that I am borrowing money from you, but in fact I am helping you.

In a few years, you will know that this investment will be the most reliable investment of Hua Mintou, and it will also be the only chance to help you escape the quagmire...

In Li Rui's foreseeable future, the now prosperous Hua Mintou, which has many talents gathered to cook the oil, actually only lasted for a few years before the building collapsed.

Dong Biao's successful resume, the strong financial resources of shareholders, and the hidden background of the prefix "Hua" are all insufficient to make up for the failure of Hua Mintou: some of the funds invested in downward industries were almost wasted, and the other part wanted to cash out quickly.

The project also failed to operate successfully. Although the funds under its control increased rapidly from 30 billion to 300 billion, it messed up almost all investment projects. It can be regarded as a strange flower in the Huaguo investment community.

By 2019, a bond owned by Hua Mintou was unable to be repaid when it matured, causing a storm.

Anyway, Hua Mintou's money will be lost sooner or later, so it might as well be cheaper for Li Rui.

Of course Dong Biao didn't know what Li Rui was thinking, but he couldn't resist his intrusion. Moreover, the arm acquisition project was indeed in line with the country's overseas strategy and century-old plan, and it would make Hua Mintou gain a good impression among the upper management, so he just pinched it.

He recognized it with his nose.

Li Rui was extremely happy.
Chapter completed!