CHAPTER 257: CHAPTER 257: WORLDWIDE SHOCK

Zhongwei Phone Company.

After Huaxin Company’s announcement was released in the morning, Zhongwei Company quickly convened a high-level meeting to discuss countermeasures.

Zhongwei Company had reached out to Huaxin Company in the past, attempting to seek help from Huaxin, but had never received a reply.

This announcement from Huaxin served as a response to Zhongwei, which also meant that Zhongwei’s only hope was dashed.

Without the support of Huaxin Company, Zhongwei Company completely lost hope.

The atmosphere of the meeting was extremely heavy, with all the senior executives of Zhongwei Company bowing their heads in silence.

Sitting at the head of the table, Xu Guojun, the Chairman of Zhongwei Phone, said, "The situation is clear to everyone. Huaxin has clearly stated that they will not support us. Our chip supply will be completely cut off. The priority now is how to deal with this crisis?"

After some whispering among the attendees.

Someone suggested, "Why don’t we talk to Huaxin Company again, perhaps plead with them?"

Xu Guojun shook his head, "It’s useless. I actually anticipated that Huaxin Company would refuse to support us. Huaxin’s technology requires imports. They’re definitely afraid to help us."

Once again, everyone fell into silence. Xu Guojun’s words effectively blocked the last glimmer of hope.

Xu Guojun continued, "Right now, we need to explain to the outside world and stabilize morale, but more importantly, solve the company’s predicament. There are essentially two paths. One is to deplete our chip inventory, leading to the company’s closure, where we wait for doom together. The other is self-reliance, finding a way to produce chips ourselves."

Making chips on our own, how easy is that!

Zhongwei simply didn’t possess the technology. Starting from scratch was mostly a pipe dream.

Subsequently, Zhongwei Company issued a statement explaining Zhongwei’s current predicament and announcing that Zhongwei would not give up hope and would continue to seek solutions.

The announcement drew widespread sighs online.

Simultaneously, netizens grew increasingly furious with Huaxin Company, initiating a wave of criticism against Huaxin.

"Zhongwei is having it too hard, Huaxin, you are heartless!"

"Huaxin Company might as well shut down!"

"Why is Huaxin doing this? Can’t it help Zhongwei?"

Amidst the jeers, Huaxin Company’s stock continued to drop. Not even by noon, and in just one morning, 20% of its market value had evaporated!

This incident quickly trended online.

"Serves them right!"

"That’s what you get for not helping Zhongwei!"

"Hurry up and go bankrupt, Huaxin!"

"Keep falling, let them feel the pain!"

Seeing Huaxin’s stock price plummet, the internet was abuzz with glee.

However, it wasn’t long before.

Huaxin Company’s second announcement came unexpectedly.

Huaxin Company stated that the morning’s announcement was a mistake. After careful consideration, Huaxin Company had decided to fully support Zhongwei and help Zhongwei overcome the difficulties.

Once again, the announcement exploded online.

It drew the attention and discussion of all sectors of society.

People were bewildered.

Why did Huaxin Company change its mind?

"Am I seeing things? Huaxin decided to support Zhongwei again? Such a big company acting like a joke?"

"Isn’t this fake? But it is from the official account, I can’t understand."

"Haha, must be terrified of the plummeting stock price, so they’re trying to make it up!"

"This Huaxin is funny, but at least they made the right decision!"

"No matter what, Huaxin did well this time, I won’t criticize anymore."

There were various discussions online, some were skeptical, some made fun of, and some ridiculed, but gradually, the tone shifted.

Regardless of the reason, Huaxin supporting Zhongwei could win people’s hearts.

After the second announcement, Huaxin Company’s stock price began to crawl upwards.

However, some had different opinions.

A blogger named "Technology Emperor" stated, "In my view, Huaxin is courting disaster. Huaxin previously rejected Zhongwei for a reason. Huaxin’s technology relies on imports, changing their mind now is bound to offend people!"

Upon seeing this evaluation, netizens began a heated discussion.

"Is that really the case!"

"Oh, you know it all!"

"Are you some expert?"

"Then why was Huaxin afraid before, and now they’re not?"

Technology Emperor responded, "Huaxin’s decision makers aren’t clear-headed anymore. Seeing the stock price fall, they panicked, but this is simply drinking poison to quench thirst!"

Netizens were half convinced by the words of Technology Emperor.

Like Technology Emperor, Huawei chairman Xu Guojun was also puzzled.

Upon learning of Huaxin’s change of mind, Xu Guojun was immensely surprised, "What’s going on? Is Huaxin courting disaster?"

Xu Guojun immediately decided to personally visit Huaxin Company to understand the situation.

It wasn’t long before, in response to Huaxin’s second announcement, the suppliers issued a response.

The decision was to stop providing equipment and technology to Huaxin Company.

Lacking the imported equipment and technology, Huaxin Company would lose the ability to produce chips, equating to having their legs cut off, unable to walk.

The opposing party stated that Huaxin Company still had an opportunity to correct their mistake. As long as they corrected it, the other party would resume supplies to Huaxin. But if Huaxin insisted on going their own way, it would completely anger the other party.

Technology Emperor’s words were confirmed, and there was an uproar online.

"Oh my god, it turns out Huaxin Company’s technology really requires imports, no wonder they previously rejected Zhongwei."

"I feel a bit sorry for Huaxin now!"

"If Huaxin upsets the other party, isn’t it a dead end for them!"

"Huaxin knows they’ll face death and still chooses to stand firm, suddenly it feels touching, what’s going on?"

At this moment, Huaxin Company rapidly released their third announcement of the day, boldly responding.

The announcement stated that Huaxin has already achieved technological breakthroughs and no longer needs to import equipment and technology, hence the threat from the other party is of no use, and the other party can play on their own.

Huaxin will soon begin construction on a 5nm chip factory, and will accept orders from customers worldwide, including Zhongwei.

With this third announcement, the trending topics exploded again, and it was an unprecedented explosion.

It instantly became a national sensation.

The whole country was shaken!

And soon, the news spread worldwide, shocking the world!

"What? Huaxin Company is going to build a 5nm chip factory? Did I hear that right?"

"Isn’t TSMC currently the only one capable of mass-producing 5nm?"

"When did Huaxin become so formidable?"

"Overtaking in a corner? What’s going on, is Huaxin silent and then explosively spectacular?"

For a time, Huaxin Company became the focus of the world.

At this time, Zhongwei Company Chairman Xu Guojun stepped into the doors of Huaxin Company to personally visit Huaxin.

Subsequently, Xu Guojun met Lin Fan, the largest shareholder of Huaxin Company.

Xu Guojun was stunned, "Mr. Lin, could he be the recently rising young tycoon? Gosh, Mr. Lin actually made a move on Huaxin? Could Huaxin’s change of mind be related to Mr. Lin?"

The changes in Huaxin Company’s ownership quickly attracted external attention, and Lin Fan became the focus immediately.