Chapter 712: Breaking Through 700 Billion Yuan! Zhou Hongyi: Chen Yansen Is My Best Friend

The night sky was as black as ink. A crescent moon hung high in the sky, and the starlight was dim.

Inside Delta No. 108 Villa, there was a slight autumn chill in the air.

On the branches of the camphor trees in the courtyard, new and old leaves overlapped in layers, a touch of ochre red dotting the clusters of emerald green.

A cool breeze rustled through, making a soft, rustling sound.

Chen Yansen lounged on the soft couch, casually scrolling through comments from netizens.

“Does Qualcomm have any proof? They’re just talking out of their ass! I don’t believe Tiangong Technology would infringe on any patents!”

“Objectively speaking, an international communications company like Qualcomm holds a massive number of fundamental patents in the baseband field. It’s really hard for Tiangong Technology to get around them. Even if they use similar or upgraded modem and digital signal processing technologies, they could still run into Qualcomm’s patent walls.”

“Isn’t Qualcomm using Tiangong Technology’s Orange Z1 instruction set technology? Aren’t they afraid Chen Yansen will terminate their partnership?”

“The person above me is so naive! They paid for it, so they can use it however they want for the duration of the contract!”

“I learned something new!”

“What’s there to be afraid of! Tiangong Technology has already filed a lawsuit with the Hu City Intellectual Property Court. Qualcomm’s scrambling and multi-mode fusion technologies are infringing on our intellectual property too.”

“I heard Senlian Capital is putting together an overseas legal team to countersue Qualcomm in the Western District Court of Texas!”

“Such a huge conflict? Looks like I’ll have to step in and mediate personally!”

Chen Yansen chuckled softly and tossed his phone aside.

‘It’s just a lawsuit. Who’s afraid of who?’

Since Paul Jacobs wanted to play, he would play right along with him.

He didn’t care even if it meant burning through over a billion. Besides, he could still get a considerable amount of Human Dao Fire from it.

There were only three possible outcomes:

First, both sides could settle and agree to a patent cross-licensing deal.

Second, Qualcomm could win, and Tiangong Technology would pay damages.

Third, Tiangong Technology could win, and Qualcomm would pay damages.

And it was very likely that the second and third scenarios would happen simultaneously.

“You don’t seem worried at all,” Ye Qiuping said, grabbing a handful of fish food and tossing it into the pond one pellet at a time. A dozen or so fat-headed koi frantically swam in circles.

They could tell with their eyes closed that it definitely wasn’t their master feeding them today.

After all, Chen Yansen always threw in handful after handful, stuffing them until they were ready to burst.

“There’s no need to worry. Every year, there are at least eight thousand, if not ten thousand, similar intellectual property disputes. It’s either Qualcomm suing Apple and Mountain Star, or Mountain Star suing NVIDIA, Qualcomm, and Jingdongfang.”

Chen Yansen said nonchalantly.

‘A lawsuit is just an offensive tactic, that’s all.’

‘Neither side will come back to the negotiating table willingly without probing each other first.’

“The sweet soup should be ready. Want me to get you a bowl?” Ye Qiuping asked after nodding.

“Go ahead,” Chen Yansen replied with a wave of his hand.

He had been busy from morning till night today, without a single moment of free time.

First, he was busy handling the project kickoff meeting for Xingyuan Technology, then he spent the whole afternoon talking with Xu Zhenhui.

Xucheng had abundant mineral resources and was a major power exporter in the East China Region, with a very stable electricity supply.

Moreover, it had supporting industries like machine processing and electronic component manufacturing. Located within the Yangtze River Delta’s sphere of influence, it was convenient for supply chain synergy.

Setting up the new energy vehicle factory in Xucheng was a good choice, given its transportation, industrial foundation, and potential for supporting industries. Plus, with Xu Zhenhui’s policy support, it was an even better option.

In the initial phase, the focus would be on R&D and small-batch trial production. Once the industry ecosystem and supply chain matured, it wouldn’t be too late to build branch factories in places like Hu City, Luzhou, and Su Cheng.

“The best time to fully enter the new energy vehicle industry will be when the price of the first-generation Deep Blue Battery drops below 200 US Dollars per kilowatt-hour.”

Chen Yansen muttered to himself.

Then, he summoned his system panel and glanced at the Human Dao Fire value.

A total of 641,017 strands, which could be synthesized into 64 strands of Immortal Dao Fire.

“Add points!”

With a thought, a cloud of purple-black mist tore through the air and suddenly drilled into the space between his eyebrows.

A faint purple light flickered over the surface of his pupils for a fleeting three seconds before completely seeping into the depths of his eyes.

The Spirit attribute subsequently increased to 103.73!

Just then, Ye Qiuping walked over carrying the sweet soup.

Chen Yansen turned his head and saw Master Ye now dressed in a nurse’s uniform, her lips coated with a shimmering gloss.

Before she even got close, her voice drifted over. “Boss, it’s time to take your medicine.”

…

…

The next morning, Huang Zheng announced Pinbei’s stock ticker and listing date—PINB, December 27th!—through channels like Toutiao, Mimo, Douyin, and Weibo.

From the start of preparations to the official listing, it had taken nearly five months.

This wasn’t the fastest, but it was still quite quick.

Outsiders might not understand, but everyone in the financial circle knew: the underwriters Senlian Capital worked with were all powerful and had astounding networks.

A five-month timeline meant that Pinbei’s prospectus was high-quality, had few compliance issues, and required fewer rounds of feedback from the Securities and Exchange Commission.

It also indicated that the market environment was favorable, and that stages like the roadshow, price determination, and listing had all proceeded exceptionally smoothly.

The offering price was 40 US Dollars per share, for a market capitalization exceeding 88 billion US Dollars!

At this time, Qian Du’s market cap was only 19.7 billion US Dollars.

Affected by the ‘SB War’, its search engine market share had fallen below forty percent. Combined with the fact that its food delivery, Group Buy, and ride-hailing ventures were all money pits, its market cap had evaporated by 10.5 billion US Dollars compared to its peak in the first half of the year.

Investors in the North American Region even suspected that Li Yanhong was using the new businesses to siphon cash flow from Qian Du.

In response, the first reaction from domestic netizens was that foreigners were truly gullible and loaded with cash.