I am a Big Player
Chapter 641 - 632, The Tip of the Iceberg (Second Update)_1

Chapter 641: 632, The Tip of the Iceberg (Second Update)_1

When Duan Xiaolou last saw Ren He, she was wondering why her old classmate had not managed to get his life back on track.

She had also thought about how tempting a beautiful international superstar like Yang Xi would be in the capital circle, and she doubted whether Ren He could resist.

Deep down, she even harbored a feeling of frustration towards her old classmate, feeling that he was wasting his potential.

And now, suddenly, a Qinghe Group appeared and was somehow connected to him.

"Qinghe Group was founded by Ren He and Xu Nuo?" Duan Xiaolou asked doubtfully, "Just the two of them?"

Another doubt she had was, if Xu Nuo was a founding member, then a 3% shareholding seemed a bit low. Could it be that both of their shareholdings were diluted due to financing? How much shareholding did Ren He have then? 6%, 8%?

It wasn’t surprising that founding members saw their shareholdings severely diluted after several rounds of financing once they encountered capitalist sharks.

Those capitalists were never easy to deal with; their tricks to swindle people were too numerous to follow closely, and devouring a company was a mere trifle to them.

That male classmate laughed and said, "Yeah, just the two of them. Xu Nuo said he was purely a bystander at the beginning. Ren He put in more than ten million in capital, and he didn’t have to pay a cent. Ren He initially wanted to give him 30% of the shares, but he felt embarrassed to take them. Now, the share distribution is Ren He 97%, Xu Nuo 3%. There are only the two of them as shareholders. Xu Nuo always says he’s just a bystander, and the entire Qinghe Group relies on Ren He. He says Ren He is the faith of the whole Qinghe Group, anyone can be absent except him. It’s just a shame that Ren He no longer keeps in touch with middle school classmates..."

These students, of course, weren’t aware of Beidou Military Industry’s involvement; currently, Ren He has 80% of the shares, Xu Nuo 3%, and Beidou Military Industry 17%. Ignorant of this fact, they still thought Ren He held 97% of the shares.

Of course, this difference didn’t really register with them; it was all astronomical figures either way.

And he was unaware of how much his words had shaken Duan Xiaolou, that his old classmate... was the owner of Qinghe Group?

When a behemoth appears, shareholding is usually complex. However, Qinghe Group’s shareholding structure was strikingly simple: one had 97%, the other 3%, with no other impurities...

She had considered the possibility that Ren He and his partners were holding shares for someone else, but upon thinking of Xu Nuo as the president of the company, she dismissed that idea.

However... the world suddenly seemed to become a way of existence that she couldn’t quite understand. If her old classmate truly was as the male classmate described, then what right did she have to look down upon his way of life?

What she prided herself on likely wasn’t even a fraction of the other’s 1% shareholding.

Suddenly, Duan Xiaolou told her classmates, "I have something to do, so I need to leave first. Have fun, everyone."

With that, Duan Xiaolou left the hotel and drove home, her mind swirling with too many enigmas to solve.

When she arrived home, she didn’t even stop to greet her parents but went straight to her room. She first reached out to her seniors in the overseas circle, hoping to analyze the Qinghe Group together, citing the recent acquisition of the American airline as something that seemed overly simplistic.

Indeed, how could a company that had become the largest empire on the internet in China make any blunders?

"Xiaolou, are you mistaken? We’ve analyzed for so long. That acquisition was definitely a blunder by Qinghe Group. Is there still a need to analyze this company?"

"Yeah, it’s just an old-fashioned company, I don’t know which nouveau riche in China started it."

Duan Xiaolou thought for a moment and replied with a message: "You are Australians who haven’t been to China, so you don’t understand the significance of this company in the history of the Chinese internet. If you could experience all this firsthand like I have, maybe then you would understand that there must be something fishy about the acquisition of the American airline."

"Alright, since you’ve said so, let’s get on with it and start looking into this company!"

The heavyweights in the circle got to work. These people were no longer high school students but successful investors. Duan Xiaolou had joined this circle by coincidence thanks to her keen sense for the real estate sector.

"Wow, information about Qinghe Group in China is so ’clean’!" someone exclaimed in admiration. "Does it have any background? Why is there no negative news reported about it?"

"Try to break through from other aspects!"

"Some information is still available. Look what I found. The 17-year-old president, Xu Nuo, holds 3% of the shares, while another person named Ren He holds 97%. It’s really exaggerated! This big boss is quite interesting too. I searched him and ended up finding a joke that the entire Chinese netizens played on him two years ago, but oddly, after that, it seems like he vanished from the face of the earth, which doesn’t make sense..."

"Look into the stock transaction records!" someone said coldly. Generally, information about stock transactions is the most accurate because stock exchanges clearly require disclosure to shareholders if the transaction amount exceeds 5% of the market value.

Qinghe Group wasn’t listed, so it was difficult to investigate, but then again, the acquisition of shares of the American airline would definitely have similar transactions domestically.

"Shh, I’ve got something. You wouldn’t believe it, but it has acquired more than 10% of the shares of 37 listed companies within a year... Some are industry competitors, others are in emerging industries. They’ve covered a wide range of sectors!"

"The amounts involved in a few of the acquisitions were disclosed, and all were normal transactions, without the blunders we imagined. This is a very efficient and shrewd acquisition team!"

"This Qinghe Group... is kind of interesting!"

Everyone was throwing their multitudinous skills into the mix. Although the amount of information available was already very limited, seemingly deliberately obscured, just the mere tip of the iceberg they had uncovered was enough to excite them.

Initially, they were just helping Duan Xiaolou, but now they themselves were intrigued.

An invincible internet company had emerged in China, with profitability far surpassing what the tangible industries could achieve. If such a company were to go public on NASDAQ after becoming well-established, what would it look like? A market value of a trillion dollars was entirely possible.

Duan Xiaolou sat quietly in front of her computer, deep in thought. She didn’t need to search for anything herself, as the information provided by the circle was already astonishing.

...

Have a meal, and also, please vote for the monthly ticket.