What's wrong with me being a rich man?

Chapter 241: Alarming the Snake
Yu Xing's Weibo account has 128 million followers.

Previously, due to factors such as Bai Xiaosheng and program recording, he became the first blogger on this platform to exceed one million followers, but later there was no dedicated operation and the number of followers was left to grow naturally.

In comparison, celebrities are more of a social entertainment entity, and Weibo mainly promotes this aspect, so the number of million-plus bloggers quickly emerged like mushrooms after a rain.

Even so, Yu Xing, who is among the "millionaire bloggers", still has a good influence.

That night, Yu Xing posted a photo with the bride and groom to express his blessings to them. He also recalled his youthful entrepreneurial journey two years ago, and his words were full of emotion.

Somehow, this ordinary Weibo post became a hot topic on the platform, and its terms were "dating contract" and "conscientious entrepreneurship".

Sina Weibo developed very quickly, so quickly that Penguin was quite wary and launched a "Penguin Weibo" of the same nature, but the former is still gaining more and more market share and influence.

Therefore, when seeing such a topic, many users curiously clicked in to see what was new.

The matter was not complicated. It was a gambling product from love to marriage. Its founder fulfilled the contract for the users at that time. That was all. It was nothing unusual. But what was unusual was...

Under this topic, many people have complained that the relationship contracts they bought contained many detailed clauses, and that they did not receive the promised gifts when they redeemed them.

Dr. Yu, a millionaire blogger, obviously noticed this public feedback and posted another Weibo the next day, saying that he had specifically asked Li Song, the boss of Zhenai.com who acquired Guiai.com, to confirm that such a situation had never occurred at Zhenai.com and that he would guarantee that he would not fail to fulfill his contract.

Yu Xing directly posted the chat records, and mentioned that his original intention of starting this business was to conduct a social survey, and now he wants to know what the actual result of this survey will be after two years.

And, he made his promise.

"For this type of product, you should choose a big brand like Zhenai.com, which is also in the marriage and love field. Compared with two years ago, I see that it has added 15 grams of gold as a redemption gift."

"My ability is limited, but I am happy to see people who bought products from me come to redeem them. Couples who bought from Guiai.com by the end of September 2008 can come to me to get an extra gift outside of the contract when you get married."

"I do want to see what the answers to the incomplete survey were."

After all, Yu Xing's Weibo has a lot of active fans, so the feedback on this post was pretty good, with one or two thousand comments before the early morning. He also answered some questions with simple words and convincing reason.

As to why we do this...

Yu Xing’s answer was: “Now that I have some money, I want to see how big the gap is between the original prediction and the reality.”

Different from his activities on Weibo, the same content was also posted on the platform which had been changed from Xiaonei to Renren.com, which immediately attracted a more enthusiastic response.

Thank God, Renren has not yet gone bankrupt, and the data even contains the original posts from when Guiai.com was first created, so an entrepreneur who has just stepped out of campus can find his own path so clearly.

Guiai.com was just a small project in terms of both scale and influence. The waves it created in the business field could hardly be called temporary. It was only used to raise start-up capital for college student entrepreneurs. But two years later, that capital had turned into an emerging website with considerable influence that received continuous financing.

Bai Xiaosheng is not a household name, but millions of people do know his name.

This kind of phased success has a greater impact on college students on campus.

Yu Xing even found that he was given a BUFF that he had never expected - "dropping out of school". Dropping out of school to start a business is an experience that successful people like Bill Gates talk about with relish.

Yu Xing started his own business before completing his postgraduate studies, which is the same as dropping out of school to start a business!

Different groups on two different platforms produced different reactions.

Yu Xing’s summary of this is that by coming from college students and going to college students, one can naturally achieve the desired results.

On the other hand, Xu Xin, the boss of Today Capital, was quite puzzled after hearing about this, and mentioned it to her husband Li Song when she met him.

"How did you get involved with him?"

Li Song laughed but also said with dissatisfaction: "Why are you talking so harshly? What do you mean by "do it"? Brother Yu is a good person. He didn't forget me when he encountered such an opportunity to promote himself. This is mutually beneficial for us. He has fulfilled his original intention of starting a business, and I have also gained good publicity."

Xu Xin frowned and said expressionlessly: "What original intention of starting a business? He still wants to incubate his project, which is aimed at college students."

Li Song was stunned: "Huh?"

Xu Xin did not explain, but just gave her husband a look and let him figure it out himself.

Li Song pondered for a while, shook his head and smiled: "He has a lot of ideas, it doesn't matter, and I won't suffer any loss. According to you, his project will be put on the market soon?"

Xu Xin was also stunned when he heard this judgment. After pondering for a moment, he nodded and said, "It's possible."

She was not interested in this project and did not think much about it, but when she heard this angle, she immediately tended to agree with this judgment and could not help but think about its prospects of success or failure for a while.

After a while, Xu Xin still shook her head: "I don't understand why Yu Xing insists on doing this. It has almost no future."

Li Song said at this time: "Companies are built by people, and you can't invest in every project correctly. Your opinion is not important to him at all."

Xu Xin was not angry, but smiled and said: "My opinion may not be important, but the funds I can use are definitely important."

Li Song did not refute, but muttered angrily: "Then I want to see him succeed."

Xu Xin sneered and didn't want to talk about this topic anymore.

After she had a cup of tea, she casually talked about another thing she heard on the way home from get off work: "That mysterious mountain peak has appeared again. This time, it is still a forest company that is shorted. It is Huaxia Forest Company, which has only been listed for a few months. Do you think it is true or false?"

"Is it true or false? That's easy." Li Song said confidently.

Xu Xin was puzzled: "What do you mean?"

Li Song replied: "I'll call Yu Xing and find out."

Xu Xin gave him a questioning look.

Li Song smiled and said, "He is a know-it-all in the business world. If you ask him about this, he will definitely answer your question. If not, let him do it again for 72 hours, and the truth will come out."

Xu Xin uttered a "huh".

Li Song said, "Let me see, let me see, I haven't noticed that Shanfeng is shorting again. I run an honest company, not as well-informed as you."

He got up and went to the study, took out his notebook, opened it and thought about it, then went to Bai Xiaosheng's website.

You can check portal websites like Penguin and NetEase, or the emerging Weibo, but neither of them is as sharp and quick as Bai Xiaosheng in reporting such news, not to mention that Bai Xiaosheng will also have relevant analysis.

Mr. Yu Xing always talks about vertical segmentation, and he actually made the vertical segmentation of this website.

As Li Song thought so, he clicked into the forum and, as expected, saw the repost of the short-selling content against Guoshanfeng at the top.

Unexpectedly, according to Guo Shanfeng himself, this does not seem to be a short sale, but just a supplementary explanation and information disclosure for forestry companies, and the example is China Forest Holdings.

Even more unexpectedly, the appendix to Guo Shanfeng contained email communications with Sino-Forest founder Chen Deyuan, with the key points marked out by netizens on the forum.

—— Chen Deyuan: Where are the good companies in this field? They are all liars, all liars. Huaxia Forest is the liar among liars. They just use the information opacity in the forestry field to weave lies.

When Li Song saw the content of the email, he couldn't help but open his mouth wide.

This……

What is this about? ?
Chen Deyuan, wasn’t Chen Deyuan just badly hurt by Guo Shanfeng?
Wasn't Sino-Forest about to be liquidated? Why was he still helping his enemy conduct research?

Are you so broad-minded, or do you just give up?
Li Song vaguely remembered that Jiahan Forestry had previously announced that it would sue Shanfeng.

Thinking of this, he couldn't help but look up at his wife on the sofa, wondering, "Is this Guo Shanfeng? Is this Chen Deyuan from Jiahan Forestry? How did they get together?"

"You know this strange feeling, right? There was a conflict before, just like you and Yu Xing." Xu Xin said, "Maybe we can all forget our grudges with a smile."

"It's different, it's different." Li Song shook his head repeatedly, "What kind of revenge is this? Damn, that's a company with a market value of billions of dollars! It's gone just like that!"

Xu Xin asked: "So do you think the whistleblower should be blamed, or the forger?"

Li Song was silent for a while: "It's also for the money. It's okay to expose it, but don't make so much money."

"It exposes fraud, so it's only natural for it to make money. I wish there were more such cases, and it would be best if it could also expose those companies that committed fraud before going public." Xu Xin's stance is different. She is an investor and wants genuine projects.

Li Song teased, "Really? President Xu is so righteous? When Yu Xing exposed the real attacker, you didn't applaud, but instead put all kinds of pressure on him."

Xu Xin said lightly: "I was wrong."

Li Song: “…”

Seeing that he didn't say anything, Xu Xin asked, "What else do you want? Drag me in front of Yu Xing and apologize to him, okay?"

Li Song had nothing to say. He lowered his head to avoid being seen. He spent a while browsing the information about Guo Shanfeng's short selling. He thought for a while and said, "Guo Shanfeng's content seems to be a lot, but it doesn't seem very substantial. Well, it's definitely more than Ali's, but..."

Guo Shanfeng only had one sentence when he shorted Alibaba for the third time. This time, at least he verified the specific business...

However, only one business was cross-examined.

In addition, Guo Shanfeng mentioned the resume of Li Hanchun, CEO of Hua Xia Forest. He has no work experience in the forestry field. Moreover, the company where he served as general manager in his early years has been suspended for nearly 5 years and was ordered to liquidate by the court during this period.

This is indeed worrying.

"Li Hanchun doesn't seem to be trustworthy, but..." Li Song thought for a moment, "Just like what it pointed out about Huaxia Forest's subsidiary Jinde's acquisition of Ninglang County's transfer forest project, they are all doubts, not the kind of actual evidence that can convince people at first glance."

The short-selling content from Guoshanfeng shows that the acquisition targets of this subsidiary only have forest rights but not logging rights. The supporting evidence is that the post-processing of such projects requires indicators from the province.

Then, it was gone.

How do you know whether the province will give indicators? If the indicators are given later, won’t Hua Xia Forest have no problems?
Li Song felt that this kind of questioning was not very effective.

As for other statements, such as 70% of China Forestry's assets are located deep in the vast forests in remote areas such as Yunnan and Guizhou, there is indeed a possibility of falsification, but it is only a possibility.

Xu Xin asked at this time: "Do you think Huaxia Forest was wronged?"

"The CEO's problems, the doubts about forest rights and logging rights, the criticism from the old fraudsters in the same industry... objectively speaking, it is impossible to kill a company." Li Song said this, and then said, "But I personally think that Huaxia Forest must have problems."

Xu Xin laughed and said, "I can't find any major problems objectively, so why are you making subjective judgments?"

"This CEO Li Hanchun is only 34 years old, but Sino-Forest's Chen Deyuan is an old liar who has been immersed in this for a lifetime. The old liar said this is a young liar." Li Song shook his head and said, "I don't know the young liar, but don't I know the old liar?"

If he had not passed the mountain peak, the old swindler of Sino-Forest would still be a highly respected entrepreneur, but he is now a confirmed old swindler.

Li Song finally said: "It's subjective, I respect the experience of old liars like Chen Deyuan."

Xu Xin said thoughtfully: "I'm afraid that everyone is so subjective."

It turns out...

Chen Deyuan's life has not been lived in vain.

Everyone really respects his years of experience in cheating.

The next morning, the share price of China Forestry on the Hong Kong Stock Exchange had already started to plummet.

At the same time, Chen Deyuan was once again stopped by the media and asked to talk about his experience in exposing a scam.

Chen Deyuan had already read Shanfeng’s short-selling content and also saw the content of the email he had sent.

He did not feel proud at all, his face turned pale when facing the media cameras, and he did not appreciate the credit for this help at all. He just waved his arms helplessly and refused to be interviewed.

"I have nothing to say, over the top, liar!"

"Nothing to say, Mad, over the mountain!"

Chen Deyuan did not express his opinion on every sentence, but he would curse at every sentence.

He had no idea how this person had the nerve to pretend to be a reporter and contact him via email.

How does it have a face?
In just one trading day, the share price of China Forest Holdings fell by nearly 35%. After all, unlike the solid evidence from Fenzhong Media and Sino-Forest, this supplementary explanation is indeed a bit weak.

However, that very night, a piece of news suddenly spread like wildfire.

Li Hanchun, the CEO of Huaxia Forest who was named, has lost contact!

Lost contact! Was he arrested or ran away?

Damn it, no matter he was arrested or ran away, doesn’t this prove that there are big problems in the company?
Many media outlets analyzed enthusiastically that it was highly likely that the company had run away, because, according to normal procedures, China Forest would have to keep its mouth shut for a while before any changes would occur.

If you really run away...

Everyone reached a consensus that if he really ran away, the problems in Huaxia Forest might be bigger than imagined, otherwise, Li Hanchun would not disappear in such a hurry!
It is foreseeable that without strong clarification, China Forest’s stock price will face an even bloodier baptism.

When this news reached Yu Xing, he was also caught off guard.

"Why did he run away?" Yu Xing asked Xiaoying on the phone in surprise.

"This... I don't know." Liu Wanying was equally surprised and regretful, "He ran away during the day, so I will wait until tomorrow to stop..."

Because it is a surprise short sale, and because we also know that the effectiveness of the evidence in our hands is average, the expectations for this short sale are not very high.

However, Li Hanchun's actions proved that expectations can be set higher!
"I can only say that it really spooked the snake." Yu Xing couldn't guess the situation in the Huaxia Forest, and said with a smile, "The little snake was scared to death when it saw the big snake."

Liu Wanying sighed endlessly. Who could have thought that such an inadequately detailed short selling would lead to a situation that had never happened before.

The next morning, Yu Xing, who was about to check the share price of Hua Xia Forest, suddenly heard a hurried knock on the door, and saw the secretary with a happy face pushing the door open.

"Mr. Yu, WeChat 1.0 internal beta is now online!"

Yu Xing saw her confirming look and slowly exhaled: "Okay, okay, hey, okay."

Okay, come on, stir it!

(End of this chapter)