Chapter 16 The Cheng Family
"Bankrupt?" Brothers Cheng Zitong and Cheng Zihao were a little confused.
"Dad, have we reached this point?" Cheng Zitong asked.
Cheng Zihao said even more eagerly: "Dad, when virtual glasses came out, it had a great impact on many Internet companies. After the impact, our Tiger Shark Group finally became stronger. This time the virtual world If it doesn’t defeat us, we can also penetrate into the virtual world. "
"No chance." The old-looking Cheng Liwei shook his head gently, "This time the virtual glasses are different from the last time. Last time, the technology came out first and then was licensed to multiple companies... There will be a long-term transition, and we are prepared.”
"But this time, it is the Blue Star Alliance that directly distributes virtual helmets. The virtual world is directly open to everyone, completely impacting the previous Internet market."
"In the past month or so, the group's stock price has been rising After the press conference, the stock price fell even more sharply. Although trading was temporarily suspended, it only fell sharply. If the trading suspension is lifted, there will be another plunge, and the market value will fall below one trillion," Cheng Liwei said calmly, "Many banks have frozen the family trust assets and asked us to repay in advance."
"Will the market value fall below one trillion?" Cheng Zitong and Cheng Zihao both knew that the situation was not good.
"The 8.2% group shares owned by the family trust are worth less than 100 billion. Is it insolvent?" Cheng Zitong asked, "Dad, what about the other investments of the family trust?"
“The family is based in the Internet industry, family trusts, and investments. Most of them are in the Internet industry. Under this wave of impact, most of the valuations have been reduced by 20 to 30%, and some are going to die directly," Cheng Liwei said, "The family trust originally had assets of 900 billion and liabilities of more than 300 billion. Very safe. But now these assets...are probably worth less than 200 billion."
"So much difference?" Cheng Zihao was even more confused.
His good life depends on family trust and the Tiger Shark Group controlled by the family.
"There is no way. The emergence of the virtual world cannot be resisted by human beings." Cheng Liwei shook his head and smiled, "It's ridiculous. I didn't get any news about such a big thing before. Obviously Lan Lan Star Alliance doesn’t care about the life and death of Internet companies.”
“The Tiger Shark Group will not die, after all, the asset balance is very good,” Cheng Zitong said, “But our family’s 8.2. % of the shares will probably be taken away by the bank soon."
"Don't worry, your assets are completely separated from the family trust assets." Cheng Liwei looked at his two sons, "I. As a family trust manager, you need to bear the cost. But you two will not be affected. After all, the Cheng family will be very mediocre without the Husha Group."
Cheng Zitong and Cheng Zihao were both silent.
"Gone? All gone?" Cheng Zihao trembled slightly and looked at his father, "Dad, over the years, you must have given eldest brother five billion, but you only gave me two billion. It’s not fair.”
“Second brother, these are all in accordance with family trust rules,” Cheng Zitong said.
"Dad, it's not fair." Cheng Zihao looked at his father.
“Unfair?”
Cheng Liwei looked at him, "First, your eldest brother is older than you. The family trust will distribute the first cash when you are 22 years old. Then it will be distributed year by year. You are younger and receive less. Who can blame you? Secondly? , the stronger your investment and management capabilities are, the more your family trust will invest. If you are not as capable as your elder brother, who do you blame? Thirdly, I helped you fill in the big hole you dug before. I filled it in with billions, and I still have some favors! "
“But I have nothing!” Cheng Zihao looked at his father.
"I'm bankrupt, what else do you want?" Cheng Liwei pointed at the door, "Get out!"
Cheng Zihao looked at his father with red eyes.
“Get out!” Cheng Liwei pointed at the door.
Cheng Zihao turned around and left, leaving only Cheng Liwei and his eldest son Cheng Zitong in the office.
"Dad, the second son is anxious." Cheng Zitong whispered, "Although you have given the second son two billion in these years, his investment ability is too poor, and he probably doesn't have much left. . I knew it would be gone in the future, so I was anxious.”
"Remember."
Cheng Liwei looked at his eldest son Cheng Zitong, "From today on, don't give your second brother a penny!"
Cheng Zitong smiled slightly Stunned: "Then what if he starves to death on the streets?"
"Let him starve to death!" Cheng Liwei said coldly, "Our Cheng family is no longer the Cheng family of the past, and we can no longer afford to lose!"
"Yes, I understand." Cheng Zi Tong responded.
……
In Cheng Zihao’s office.
"Bang bang bang." Cheng Zihao frantically smashed everything in the office that could be smashed.
"Old man, you are so cruel!" Cheng Zihao could only grit his teeth, then lightly touched his watch, gritted his teeth and said bitterly, "Now, right away, get back to my office!"
Ten minutes later, A middle-aged man with some water in his hair came to the office and said: "Boss, I was still in the virtual world before. When I got your news, I came as quickly as possible."
"Say quickly, How much money does my investment company have?" Cheng Zihao asked.
"There is still more than 120 million in cash." The middle-aged man said immediately, "The rest are investments in various aspects."
"How much are those investments worth?" Cheng Zi Howe asked.
"Many of them are angel investments, which cannot be withdrawn in a short period of time." The middle-aged man said, "Some investments in the Internet industry may be wasted because the impact of the virtual world is too great."
"What I'm asking is, if these investments can be refunded, sold, or mortgaged, how much can they be exchanged for?" Cheng Zihao asked.
"One hundred million." The middle-aged man thought for a while and said, "Barely."
"I invested 500 million, and this is all I have left?" Cheng Zihao was unwilling to accept it.
“The Internet industry is in such a miserable state now.” The middle-aged man said helplessly, “We also have three companies of our own, with so many people signed up and so many employees, the monthly expenditure is about 20 million. . Our cash can only last about half a year.”
"Only for half a year?" Cheng Zihao murmured, his lips turning white.
“Fortunately, the chairman helped solve the big hole last time, and the company was stable for a short time.” The middle-aged man added, “When the hole was filled last time, the chairman said, You are not allowed to borrow debt from outside anymore. ."
"Don't mention him."
Cheng Zihao sat on the seat, covering his head, "Get out, I want to think about it."
"Yes. , boss." The middle-aged man went out obediently.
"Cash can only last half a year? Is the family trust gone?" Cheng Zihao's eyes were bloodshot and he unconsciously grabbed his hair, "What should I do, what should I do?"
*******
Virtual world.
Xu Jingming guessed that the Cheng family would be miserable, but he had no intention of paying attention. He was currently in the "Martial Arts Training Ground" in his personal space, experiencing the sparring function of the "Martial Arts Training Ground".
The martial arts training ground is located in a canyon surrounded by green mountains and green waters.
Three bandits attacked from three directions and besieged Xu Jingming.
Xu Jingming held a long spear and waited calmly.
When the bandit was three feet closer, Xu Jingming immediately rushed to the right to meet the swordsman on the right.
“Kill.” The swordsman and the gangster grinned and came directly to kill them.
“Poof.”
The spear in Xu Jingming's hand moved like a poisonous snake coming out of its hole. The tip of the spear poked the swordsman and gangster's neck and then retracted it.
The swordsman and gangster was penetrated through the neck and dissipated directly. The remaining two gangsters showed no fear and rushed towards them more and more crazily.
Xu Jingming just gave in a step and nodded twice with the spear head. The two gangsters were shot once in the heart and between the eyebrows, and they turned into illusions and dispersed.
"A sparring partner with a basic combat power of 800 is indeed relatively weak, so he is suitable for familiarity with marksmanship." Xu Jingming did not feel the difficulty at all.
The control of distance and reaction time make his marksmanship like an art, easily killing the virtual sparring partners in the training ground.
Buzz!
"Huh?" Xu Jingming tapped lightly and saw a burly middle-aged man looking over at the martial arts training ground on the other side. This burly man had tiger-like eyes and was terrifyingly intimidating.
"Master?" Xu Jingming was a little unsure.
"Hahaha, are you surprised to see me getting younger?" Liu Hai laughed.
“Congratulations, Master. Over the years, the global martial arts community has speculated that if Master, you were 30 years old and participated in the World Martial Arts Competition, you would probably be the greatest king in the World Martial Arts Competition. Now that human beings have evolved, Master can satisfy everyone. I've imagined it." Xu Jingming also looked forward to it.
Liu Hai is a legend around the world.
Forty-five years old is considered very old in the fighting world, and his condition is much worse than when he was in his twenties. Master Liu Haineng has participated in five martial arts competitions since he was forty-five years old. He was ranked in the top three every time, and the last time he was ranked number one in the world.
How strong was he when he was at his peak? This has always been a source of speculation.
“The past is not worth mentioning.” Liu Hai said with a smile, “Jingming, in the past thirty years of professional martial arts events, there have been only over 20,000 registered professional martial arts players in the world. Now we are competing with more than 20,000 people. Yes, seven billion people will not be injured in the virtual world, no. If you are afraid of being tired, you can choose a sparring partner at will and engage in life-or-death fights. Their growth rate will be more than ten times faster than our original training."
"Within a month or two, We professional players still have advantages.”
"Half a year! Just half a year... We professional martial arts players will be completely overwhelmed." Liu Hai looked at Xu Jingming, "But this is already the most suitable era for our martial arts players! There has never been an era where there are so many Martial arts player."
"Yes." Xu Jingming nodded. People all over the world are learning. How has cold weapon fighting ever been so prosperous?
"We have a good foundation. If we seize the opportunity, we can soar into the sky!" Liu Hai looked at Xu Jingming, "Jingming, don't let this era down."
" Hmm." Xu Jingming was equally enthusiastic, and he also wanted to create a world in this era.
"By the way, have you leveled up? Have you reached the god level?" Liu Hai asked. (End of chapter)