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Chapter 75: 3 Letters! Danger!

Chapter 75 Three Letters! Danger!

Daxia Foreign Affairs Department routine press conference,

Zhao Bo hosted the press conference.

In his mind, he was thinking about all the huge changes that Director Ye had proposed when he convened an internal meeting of several major departments not long ago. His handsome face couldn't help but smile even more happily.

"In response to the sanctions issued by the White Covenant Alliance against our Great Xia Xinghai Technology Company not long ago, it has now been decided that Great Xia will formally issue a stern notice to the relevant forces.

Request the White Alliance to immediately revoke all sanctions against Xinghai Technology. These regulations seriously violate the trade agreement and may even cause a major impact on the financial market.

Within three days of the release of this notice, if any relevant forces still persist in their wrongdoings, Daxia will initiate counter-sanctions. "

Regarding foreign affairs, although the announcement of the press conference seems simple, the reporters from various forces present here who can participate are not simple roles.

This can be guessed from the fact that the official who presided over the press conference today was Zhao Bo, who rarely appears.

Immediately, some reporters couldn't wait to raise their hands to ask questions.

Zhao Bo raised his hand to signal.

The reporter with the name of Austronesia on his chest stood up quickly and spoke in poor Daxia dialect, which made Zhao Bo frown.

“As far as I know, Bai Yue’s sanctions against Xinghai are because Xinghai Technology sells its products overseas at a price 10 times higher than domestic sales, which is suspected of discriminating against the overseas market.

The relevant sanctions imposed by the White Alliance are also reasonable.

Mr. Zhao, what is Daxia's purpose for ignoring the facts and favoring Xinghai Technology? "

Zhao Bo's good mood disappeared in an instant. The shamelessness of these reporters from various countries really made him hate them as always.

Austronesia, headquarters of Sanshin Group.

Jinze sat in the magnificently renovated office, with that gentle expression on his face again.

After the Guigu Semiconductor Alliance Conference, the leading companies that had been trying to hide behind and reap the benefits finally realized the reality.

The meeting ultimately decided that all companies would unite as one and work together to fight against Xinghai and possible counter-sanctions from Daxia.

And now, the live footage on the news confirmed his guess.

Daxia personally came out to support Xinghai.

Then the next step is to enter the stage of confrontation with real money.

What can Sanxin gain from this process?

He already had the answer to this question, otherwise why would he ignore Jin Zhiyong's advice and always insist on his own business philosophy.

Because so far, in Baiyue, only Sanxin Group has experience in graphene chip research and development, and has even produced finished products.

In a sense, it is the first graphene chip released in the world.

Therefore, in order to save development time, the giants of Guigu decided to take the lead, led by Sanxin Group, regardless of financial cost, and provide the most advanced technical capabilities that each company can provide free of charge to jointly complete the preparation and research and development of carbon nanotubes.

For the first time, Sanshin Group participated in the semiconductor alliance as a leader.

This is the first time in the history of Sanxin’s development!

While he feels deeply proud, he also believes that with the joint efforts of the research and development capabilities of many of the world's top companies, the problem of catalysts needed for the preparation of carbon nanotubes will be solved sooner or later.

Before that, everyone just needs to hold back Xinghai's pace of entering the international market in order to maintain a share of the high-end chip market with huge profits. Competition in the trillion-dollar market is not something that can be achieved overnight.

Jinze smiled even more widely. With the Sanxin Materials Laboratory, which has gathered the world's top technical strength, and financial support at all costs, it is believed that the catalyst problem will be solved smoothly in the near future.

By then, Sanxin Group will, as the largest shareholder, gain huge benefits in the future graphene chip market.

Just like at this moment, on TV, when the Minister of Foreign Affairs of Daxia heard the reporter's question, his face darkened. Jin Ze saw it and smiled even more happily.

"My reporter from the South Island country, you should know that according to the information I have obtained, your country's Sanxin Group played a very dishonorable role in the White Alliance's large-scale sanctions against Daxia enterprises."

Zhao Bo's tone was not good, and his speech lacked his former charm.

“As far as I know, Xinghai Technology has been actively cooperating from the beginning and has carried out in-depth cooperation with Sanxin Daxia District.

After Jinze took office as the regional manager of Daxia, this cooperation that was beneficial to both parties was unilaterally stopped by Sanxin.

Even in our subsequent investigation report, Sanxin Group was suspected of illegally stealing Xinghai Technology’s secrets.

There are also illegal activities such as threatening Xinghai executives and attempting to use them as commercial espionage.

In response, we will issue a fine of 1000 billion yuan to Sanxin Group to compensate for the huge losses caused to Xinghai Technology.

Please tell Sanxin that the fine will take effect today. If you do not pay the fine within a week, the relevant departments will seal and auction Sanxin Group's assets in Daxia, and 1000 billion yuan will be used as the fine payment from the auction proceeds.

The above penalty decisions are all legal and compliant. Please urge your Sanxin Group as soon as possible. "

As Zhao Bo finished speaking, the warm smile on Jin Ze's face froze in the chairman's office of the South Island Sanxin Group.

The sun was setting. After waiting for a long time, the secretary outside gently knocked on the office door.

"Chairman, there will be a banquet later that requires your attendance."

He simply gave a reminder. In his impression, Chairman Jinze had a very strong sense of time and did not need him to urge him too much.

Inside the office.

The press conference on TV had ended some time ago, and the advertisement being played at the moment was from a brand under the Sanxin Group.

Jinze stared blankly at the TV with dull eyes.

How dare they!

Why do they dare!

Do the top leaders of Daxia think that they have the power to overturn the table just by relying on a small company called Xinghai Technology?

The world trend is always on the side of the White Covenant Alliance.

Jinze has always believed this!

Sanxin Group has a lot of assets in Daxia, and at its peak, the assets even accounted for 30% of its total assets.

Although only about 25% remains now, if we simply convert it based on Sanxin Group's current market value of trillion yuan, 25% is 8500 billion yuan!

How dare he, Da Xia!

Jinze's mind was empty and a little confused.

According to his idea, shouldn't Daxia lodge a protest, or at most take some less severe countermeasures in terms of other trade taxes?

Why do they dare to issue the largest fine in human commercial history so far without any prior warning?

(End of this chapter)

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