Chapter 332: The Wise And Sensible Xing Hai Technologies

Translator: Nyoi-Bo Studio Editor: Nyoi-Bo Studio

In these two months, the focus of the domestic media was on the “artificial sun” and the young Professor Lu. The media was highly nervous about the crazy displays of Merica. Other things in the country were ignored.

In the end, after what seemed to be an instant, Xing Hai Technologies had actually become the biggest winner and had quietly seized huge benefits for themselves. First, it contracted to undertake an area of 50,000 square kilometers in the northwest desert. Then, it had earned 500 billion in the international crude oil futures market.

It could be said that with the money earned, the company was rolling in cash and had oil spilling from its lips. With this, the massive media could not sit still any longer!

A certain media outlet even remarked in an envious and resentful tone, “We are the stupidest fools in the whole world! Two months ago, when we laughed at Xing Hai Technologies’ land-buying behavior and thought that they were making the stupidest investment in history, Xing Hai Technologies had already won.

“The company had very easily acquired a piece of land of 50,000 square kilometers to become the largest ‘landlord’ in the country. Fools like us only know how to laugh at others, thinking that we are smart. Others are merely the ‘stupid sons of the landlord’.

“But no one has noticed that from Xing Hai Technologies’ establishment till today, every investment the company made had a profit probability of 100%. It had never made a mistake. The majority of Xing Hai Technologies’ investments, whether it’s a chip or an operating system, always had far more pessimists than optimists.

“This is why Xing Hai Technologies is becoming more and more successful and is making more and more money. There are too many smart alecks. The people who are truly smart naturally have the opportunities to make a fortune.

“So, never underestimate Xing Hai Technologies! Never try to impose your ‘stupidity’ on the company. This is a company that has mastered ‘truth’; a company that has a ‘predictive’ ability. This company will always make money and be successful forever. No matter what Xing Hai Technologies does in the future, we don’t have to come up with our own thoughts. We just have to believe in one sentence.”

“Xing Hai Technologies is right; Xing Hai Technologies can profit from anything! As long as you keep up with the pace of Xing Hai Technologies, you may be able to profit from the process.”

The conclusion summarized in this report would go on to become the famous “Xing Hai Technologies will certainly profit theory” in future days.

This conclusion led to voices of approval all around.

“Well, I admit that I have condemned Xing Hai Technologies many times and I have been beaten by the facts an equal amount of times. So, I will shut my mouth in the future.”

“Xing Hai Technologies has dozens of supercomputers and intelligent learning programs. It has mastered the essence of the whole world! Can such a company make a wrong decision? This probability should be lower than winning the five million dollar prize in the lottery.”

“If one was hoping that Xing Hai Technologies would make a wrong strategic decision, it would better to hope for the end of the world.”

“I’ve decided! No matter what decision is made by Xing Hai Technologies in the future, I won’t comment or express any opinions. I’ll be a person who stops thinking! At most, I’ll make a post saying ‘Awesome’. If you have a little money to spare, follow whatever Xing Hai Technologies does.”

But there were also some netizens who were utterly humiliated and angry. They resolutely rebutted.

“I don’t agree! Inside information. Xing Hai Technologies must know some insider information in advance. That’s why everything it does seem wise and sensible. If it was me, I could do it too.”

“Project categories like the artificial sun is top secret. It is impossible for ordinary people to know about it. How did Xing Hai Technologies get that information?”

“The Z Institute of Plasma Research has purchased a supercomputer installed with a ‘virtual factory’. Is it possible that…”

“Ah, and it was merely five years or so ago. The brave man of justice has become the most powerful devil. And an undefeatable devil at that! There is almost no possibility of defeat.”

…

Netizens had mixed feelings.

As for the vast business community and the large number of investment institutions, it was at this moment that they realized the truth of the situation. Widespread voices of envy, jealousy, and hate abounded.

“F*ck, acting like a pig eating a tiger! Making a fortune in silence!”

“With the success of the artificial sun, the electricity bill is expected to drop to one cent per watt. The cost of transporting water resources will be greatly reduced. No wonder Xing Hai Technologies fixed their sights on the Northwest Desert.”

“50,000 square kilometers; equivalent to 7.5 billion mu. After the completion of the transformation, even if the company only earns $100 per mu, it would still add up to 7.5 billion a year. Moreover, the agriculture industry is tax-free in this country; our government even gives subsidies. When one undertakes a sufficiently large area of land, it becomes absolutely profitable.”

“Let’s go! We’ll take our money to the northwest! We want to contract and undertake tens of thousands of square kilometers of the desert too!”

“I want to go to the northwest too. How could a mere million square kilometers or so of desert be large enough for several companies to divide amongst themselves? There wouldn’t even be dregs left for you if you’re late to the feast!”

For a period of time, the presidents of many domestic companies and the leaders of many investment institutions collectively turned their eyes to the northwestern desert. A wave of hot money worth more than tens of billions, even hundreds of billions of dollars poured into the rolling yellow sands of the northwest.

The portion of the Gobi desert within Z country’s borders measured only a million square kilometers. It was a place where an inch of grass could not be found; where even the birds did not crap. It was predicted that this desert would be divided by the capitalists until there was nothing left.

However, after Chen Jin heard the news, he simply shook his head. He even though that this would only devolve into a short-lived capital farce, leaving only a mess behind.

“Just because the electricity bill has dropped does not mean that clearing the desert for cultivation will be profitable. Electricity charges only account for part of the cost, and other expenses will not be small! The cost of reclamation per mu of sand still exceeds $6,000, which is several times that of areas that are not water-deficient.

“Now, even for large-scale agriculture industries in the eastern provinces that do not lack water, their profits are still quite low. Many large farms rely on state subsidies to achieve profit. Not to mention that we are talking about the northwest desert here.”

“While the artificial sun can generate a lot of cheap electricity and the cost of agricultural development in the West is declining, the electricity bills in the eastern regions without water shortages will also fall. Hence, the cost of agricultural production will also decrease.

“In addition, there is a very popular urban-based three-dimensional agriculture nowadays. Melons, vegetables, rice, wheat, and corn could be planted indoors. Three or even five stories of such crops could be planted at an extremely high-density rate. Crops could grow 365 days a year. After the drop in electricity prices, it would become more efficient to engage in indoor three-dimensional agriculture than going to the northwestern desert.

“So many capitalists go to the northwestern desert, spending large amounts of money. It is estimated that there is only a handful who could endure until the end to produce results.”

So, why must Chen Xing’s Xing Hai Technologies go to the Northwest Desert? The reason was that Xing Hai Technologies could do this and only Xing Hai Technologies could do this!

Reason one—robots.

A robot equipped with the “High Energy 1” battery had a working performance that was undoubtedly better than that of a strong adult man. Moreover, the robot did not need to eat, drink, or receive a salary. It worked for more than 12 hours a day. First of all, this would save countless money.

Reason two—fresh water from Lake Baikal.

Not all companies had the skills of Xing Hai Technologies and were able to buy fresh water from the Russians’ Lake Baikal. Moreover, the company had managed to buy fresh water at a very cheap price.

But, even though the company had solved the two problems of “man-made” and “freshwater” at a very low cost, Xing Hai Technologies still had to wait another 20 years if it wanted to make any profit from the desert, much less other companies that did not have the capabilities of Xing Hai Technologies.

Those capitalists who wanted to go fishing for profits in the desert could only be described as fools and their pipe dreams.

The reason why Xing Hai Technologies had figuratively run to the northwestern desert was not to plant trees and raise pigs and fish… These were the sideline businesses that did not make much money.

The main business of Xing Hai Technologies would always be high technology.

This time around, what he really invested in was something equally as priceless—land.

Source: Webnovel.com, updated by NovelKeep