Chapter 60 The Courage and Confidence of Rice Company

While other mobile phone manufacturers were still comprehending [Chaoqun Group]'s intentions and discussing countermeasures, [Dami] suddenly announced that it would temporarily stop further investment in Tianzhu due to technical and financial reasons.

As soon as this news was announced to the public, it immediately attracted the attention of the international media.

There is no other reason than being too sensitive.

Technology, funds, etc. are naturally excuses.

[Rice] has always focused on an asset-light model, and its largest investment in Tianzhu was 3.4 billion yuan in 2019.

The ones that invested relatively heavily were the mobile phone accessories manufacturers that were coerced by [Rice] to build factories in Tianzhu.

However, [Rice] has privately informed its suppliers to suspend their investment in Tianzhu, and if necessary, close their factories in Tianzhu and evacuate Tianzhu.

The suppliers’ resentment towards [rice] is about to overflow.

It was [Rice] that forced them to go to Tianzhu to build a factory in the first place!

It’s also [Rice] who said he would give enough orders!

Now it’s [Rice] that’s saying the factory construction is on hold!

But they can't get back the money they invested in real money.

[Rice] will not bear any responsibility.

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No matter how stupid Tianzhu is, everyone knows that this is [Dami] handing over a certificate to [Chaoqun Group].

They now hate the [monsoon] company so much that they plagiarize other people’s [Elephant Weather] data.

Now [Chaoqun Group] has made the matter so big that the scope of attack extends from a company in Tianzhu to the entire economy of Tianzhu.

No matter how much sanctions [Chaoqun Group] receives internationally.

Tianzhu has lost.

Tianzhu Kingdom has been quarreling for a long time. Some people say they want to teach [Chaoqun Group] a severe lesson, and some people say they want to negotiate peace with [Chaoqun Group]...

After a day of eerie silence.

Tianzhu finally responded to the outside world.

To be precise, it is the Finance Department of Tianzhu Kingdom.

The Ministry of Finance of Tianzhu issued a statement stating that it has issued three show-cause notices to [Dami Technology Tianzhu Co., Ltd.], requiring the company to recover 6.53 billion rupees (approximately 560 million yuan) in taxes.

In addition, the Tianzhu authorities also seized [Rice]’s deposits of 55.5 billion rupees, or 4.8 billion, in Tianzhu on the grounds that [Rice illegally remitted money to foreign entities in the form of fake payments of copyright fees].

In fact, a discerning person who knows the cause and effect can see at a glance that this is [Punishment] for Tianzhu to succumb to the power of [Chaoqun Group] and announce the suspension of investment in Tianzhu!

When Wu Siyuan saw this [Punishment Package] from Tianzhu Kingdom, he couldn't help but laugh.

He has seen this tax penalty imposed by Tianzhu on [rice] in the future.

But this is what happens in 2022.

Tianzhu has come out now, and the charges are still the same. It seems that Tianzhu has long planned to attack Chinese companies like [Rice]!

It’s really a traditional art of Tianzhu!

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Many companies in Tianzhu Kingdom can understand this [punishment] intellectually, but find it difficult to accept it emotionally.

I'm sorry that you can enter through Tianzhu's gate, but not out.

Does Tianzhu make money? Does Tianzhu flower make money?

So what’s the point of investing in your Tianzhu?

The Tianzhu authorities are not unaware that this is an important blow to its business environment.

But it did it anyway!

If not for anything else, it is because Tianzhu’s population of more than one billion gives it the confidence.

I have such a huge market, you will come in sooner or later. The third brother thought so in his heart.

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[Rice Company] is not as tough as [Chaoqun Group].

It still wants to continue to make money in Tianzhu.

In fact, it also made some money in Tianzhu.

Faced with the challenge from the Tianzhu law enforcement authorities, [Dami] dared not speak out, and responded to the Tianzhu authorities in a softer tone: We have carefully studied the authorities’ orders, and we believe that the royalties and bills we paid to the bank are all Legal and true.

[Rice] These royalties paid by Tianzhu Company are used for the licensed technology and intellectual property used in our Tianzhu version products. For [Rice]Tianzhu, paying such royalties is a legitimate business practice.

At the end of the reply, [Rice] Tianzhu Company said: Of course, we will maintain close cooperation with the government to clarify any misunderstandings.

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Wu Siyuan shook his head after seeing this reply.

Although he is dissatisfied with [Rice] forcing suppliers to follow it to build factories in Tianzhu and cultivate an industrial chain for Tianzhu.

However, [Rice] is very eye-catching and was the first to give a certificate of nomination.

So Wu Siyuan still had to express something.

He called Huang Yuping and gave some instructions.

The next day, when [Dami] and Tianzhu were still in dispute over tax issues, [Chaoqun Group] suddenly announced that it had completed the adaptation of several new mobile phones of [Dami Company] to [Smart Xiaolan]. Users can download relevant software from the Internet to install and use.

After the news came out, many people were shocked.

Lei Jun from [Rice Company] was stunned for a moment, then became ecstatic.

The anxiety that was caused by the desperate decision to offend the Tianzhu authorities was gone at this moment.

The entire [Rice Company] was filled with joy.

Because they all know that the opportunity has come.

[Chaoqun Group] has adapted [Smart Xiaolan] to both [Warwick Phones] and previous [Honor Phones]!

However, the production of mobile phones of these brands has either been discontinued or they have been sanctioned and unable to obtain enough chips, resulting in serious disruptions in production capacity.

Many users who want to experience [Smart Xiaolan] but cannot afford it have to buy second-hand phones.

But [rice] does not have this problem.

[Rice] has not been sanctioned.

[Rice] is closely related to [Gao Tom], and you can easily get mobile phone chips.

[Dami] can continuously produce new mobile phones, new mobile phones that can use [Smart Xiaolan].

There is no doubt that this is a great benefit to [Rice Company]!

reflected in the stock price.

The stock price of [Rice Company], which originally plummeted by eight points, soared directly from where it was, becoming a huge rocket and hitting the daily limit!

[Rice Company] faced the Tianzhu authorities and became a lot tougher because of this, saying frankly that if communication is not smooth, it will have no choice but to file a lawsuit.

Hearing the words "litigation", the expressions of the Tianzhu authorities became much gloomier.

Now, what they don’t like to hear the most is [a lawsuit]!

Wu Siyuan's [Super Group] has already cast a huge shadow on them.

According to the assessment of people within the Tianzhu authorities, the hidden losses caused by [Chaoqun Group] to Tianzhu have exceeded 20 billion US dollars.

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