Chapter 17: The Rising Star
It can be said without hesitation that the current X smartphones, with their three models, have become the hottest sensation in the Chinese mobile phone market thanks to their exceptional cost performance and stunning appearance.
Sales of FY Technology’s three phone models have skyrocketed alongside their growing reputation.
By August 10th, single-day sales had already surpassed 200,000 units, reaching an unprecedented peak!
Billions in revenue were generated in just one day!
Consequently, FY Technology’s bank balance soared dramatically.
In contrast, other mobile phone manufacturers have been struggling through tough times recently.
Their sales in the Chinese market have been plummeting.
Some brands have suffered particularly severe losses.
Their nationwide daily sales have dwindled to single digits!
What’s worse, they also want to produce feature phones like those of FY Technology.
However, a clever housewife can’t cook without rice!
They simply don’t have the integrated chips.
Their respective laboratories have confirmed that producing similar phones would take at least six months at the fastest, and more commonly one to two years.
So all they can do is watch helplessly as FY Technology rakes in profits.
The reason? MTK’s production capacity for the next three years has been fully booked by FY Technology.
They even pressured MTK to break the contract, but MTK refused!
MTK values its reputation above all else.
Moreover, who would pay the astronomical penalty fees?
With FY Technology’s rapid rise, George has become a rising star in China’s business world.
He has also become a favorite of the media from home and abroad.
Yes!
Due to a lack of a suitable CEO candidate, George took on the role of CEO at FY Technology as well.
That evening, he gave a rare interview to various media outlets.
“Mr. George, may I ask, what nationality is the owner of FY Technology?”
“FY Technology is registered in the Cayman Islands. Could you explain why?”
“Mr. George, other mobile manufacturers say your phones are just rebranded devices. How do you respond to that?”
“Mr. George, what is your annual salary? And how are the sales of the three X phone models recently?”
“Mr. George, I heard you plan to enter the international market—is that true?”
“I also heard you are the CEO of Huang International Investment. Are the two companies owned by the same person? Or is FY Technology a subsidiary of Huang International Investment?”
“...”
George answered these questions selectively.
For those he could not answer, he simply smiled without speaking.
The result?
After an hour, the interview ended, and reporters realized they had gotten nowhere.
Who owns FY Technology and what nationality is the owner?
They couldn’t find out!
Sales of the three FY Technology phone models?
George only replied: “Quite encouraging!”
Are Huang International Investment and FY Technology under the same owner?
George answered: “Maybe yes, maybe no. I don’t know! I’m just a professional manager. I don’t know the shareholding structure or the shareholders of either company, nor do I care to!”
What about the criticism from other phone manufacturers?
George said: “So sour! Ask them if they’d ever be able to produce phones like X. What’s the point of pretending?”
“...”
As George’s interview was published, he suddenly found himself at the center of a storm.
The business community and some experts were divided in their opinions about him.
But countless netizens were won over by George’s genuine personality.
Especially his response to other manufacturers’ criticisms: “What’s the point of pretending?”
After dinner, back in his room, Huang Feiyang almost burst out laughing reading some of the online comments.
“Pig nose garlic plug: ‘Amazing! George is even a China expert? His Chinese is so good! And that ‘What’s the point of pretending?’ line cracked me up!’”
“Origami crane: ‘Harsh words but not without reason! I don’t believe other manufacturers can make feature phones like the X phone!’”
“Those years: ‘I remember they once mocked FY Technology’s three phones as flashy nonsense. Now, who’s eating their words?’”
“Blade strike: ‘You don’t get it! They have thick skin and don’t even remember what they said. What’s a slap in the face?’”
“Little Pink: ‘I’m curious too. Who owns FY Technology? Is it a Chinese person?’”
“Fortune arrives: ‘Honestly, does it matter? The X phone is better and cheaper than others. That’s all that counts!’”
“...”
After browsing the comments and chatting briefly with Chen Xiruo, Huang Feiyang called George.
Or rather, he listened to George’s work report.
“Boss!”
“The servers for Future Network have been purchased, and game testing has begun!”
“It is expected that ‘Legend’ will enter full public beta in September!”
George’s tone was full of anticipation.
Over time, he had become one of Huang Feiyang’s loyal supporters.
FY Technology’s tremendous success had convinced him that Huang Feiyang’s vision was far-sighted and sharp.
Any business the Boss favored had to be wildly profitable.
This game would surely generate massive revenue!
Moreover, the investments of Huang International Investment would yield astonishing returns in the future!
And...
“Hmm!”
Huang Feiyang’s face showed satisfaction hearing George’s words.
“By the way, how’s the team of operators I asked you to find?”
Turning the topic, Huang Feiyang asked about a matter close to his heart.
September was a once-in-a-lifetime opportunity to make a fortune!
He certainly wouldn’t miss it!
“They’ve been found. As per your instructions, I’ve sent them separately to the United States, the United Kingdom, and Hong Kong to stand by!”
“To avoid unnecessary trouble, I hired them through offshore companies!”
“Boss, are you planning some big move?”
George couldn’t help but ask.
“You’ll see when the time comes!”
Hearing this, Huang Feiyang breathed a quiet sigh of relief.
Finally, he chuckled and said:
As for funding?
Huang Feiyang wasn’t worried at all!
FY Technology was a cash cow.
Under his direction, George had already arranged for FY Technology to transfer funds overseas in batches under the guise of investment.
This time, Huang Feiyang intended to make a killing!
He planned to short the stock index!
Leveraged short selling of the stock index!
He wanted to earn the startup capital for his future plans in one fell swoop!
However, to be safe, he would spread out the funds carefully.
And he would short the market cautiously and diversely.
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