Chapter 95: Unfortunately… Xie Bingyan has harmed me deeply!

Xu Junzhe was already delivering his lecture in the staircase classroom.

Many people had come to listen in, as he spoke about his views on the domestic entrepreneurial environment and his experience in launching shared electric bikes.

He spoke confidently and energetically.

Xu Yuanchan, Xu Pandi, and others suddenly lost interest.

…

These days, Xu Wanting was extremely busy.

There were issues in the company that couldn’t be contained, and they needed to find people, make connections.

The company had decided to initiate a compensation process, quietly bribing some individuals to prevent trouble.

However, continuing such compensation procedures was challenging. Otherwise, the number of people demanding compensation would be countless.

The production department was inspecting all products for carcinogenic substances, leading to the closure of six of Deverna’s factories.

At the same time, several government departments began joint inspections at Deverna, demanding production records…

With various pressures mounting one after another, Xu Wanting found herself overwhelmed, not daring to underestimate her younger brother’s resourcefulness and intelligence.

Deverna’s stock price continued to decline, with its market value plummeting from 10 billion yuan half a month ago to 5 billion yuan, a direct evaporation of fifty percent.

Internally, there were numerous dissenting voices. Investors and shareholders, seeing the drop in stock price, were seeking trouble for Xu Wanting, demanding she take responsibility.

Xu Wanting had been sleepless for several days and nights, working overtime at the company. She only had time to go home today.

When she returned home, Xu Wanting immediately saw Xu Xuehui and Xu Deming sitting in the living room. Xu Xuehui was crying, and there were videos playing on the television.

Xu Deming was looking at a series of photos.

As Xu Wanting walked closer, her expression froze. She saw that all the photos Xu Deming held were childhood pictures of Xu Mo.

“Dad!” Xu Wanting couldn’t help but call out.

“You’re back? I heard about what’s happening with Deverna!” Xu Deming looked up. “Is it Xu Mo’s doing?”

Xu Wanting hesitated for a moment, then nodded. “He wants Deverna to go bankrupt!”

“Well done! Judging by his methods and tactics, if it were any other company, it would have probably gone bankrupt and liquidated long ago! He’s not to be underestimated!” Xu Deming remarked.

Xu Wanting naturally felt the impact of Xu Mo’s prowess. Currently, Deverna was still on the brink of bankruptcy, and the crisis had not yet been resolved.

“Currently, we still don’t know if Xu Mo has any more moves left. If he does, it’s highly likely that we won’t be able to salvage this,” Xu Wanting said with a weary tone.

“How many lawsuits are we facing now?” Xu Deming asked.

“Over twenty! It’s complicated. Those people refuse to accept Deverna’s compensation plan,” Xu Wanting replied, sounding frustrated.

“It seems Xu Mo put a lot of effort into finding these people. But back then, when he came to your company, did you really feel that way?” Xu Deming looked at her intently.

“Well…” Xu Wanting hesitated.

“You’re the eldest in the family, and I’ve always thought highly of you. You’ve always been rational at home. Logically, you should have seen Xu Mo’s situation at home. But over the years, it seems like you’ve turned a blind eye. Eldest, what exactly about Xu Mo at home has been bothering you?” Xu Deming inquired.

“Wu!” Xu Wanting suddenly burst into tears.

“I understand you’re afraid Deverna might be split up, but our Xu family’s assets aren’t limited to just Deverna! Even though Xu Mo once admired you all greatly, wanted to work at Deverna, you shouldn’t have acted this way! After all, he’s your own brother!” Xu Deming said impatiently at her tears.

He continued, “Look at these documents, they were retrieved from the orphanage! We missed out on his growing up, completely missed it!”

Xu Wanting’s tears streaked her pretty face as she looked through the stack of photos, feeling immensely distressed.

“In fact, we encountered him before! A beggar kneeling by the roadside! We had a family birthday, saw him several times!” Xu Deming said, through gritted teeth. “It’s just a pity… Xie Bingyan has harmed me deeply!”

Xu Wanting immediately looked through the photos, finding them deeply disturbing.

No wonder Second Elder Sister Xu Xuehui had been crying all along.

…

Xu Mo met with representatives from Ali Group again.

His views on unmanned supermarkets didn’t deter Ali Group’s determination to invest in them.

On the contrary, Dama seemed increasingly interested in this sector, spending a fortune to promote and develop it.

Xu Mo also saw through the intricacies involved.

It was all about raising funds, trying to attract a wave of investments.

However, the plan to sell Little Monster Bicycle was already on the agenda.

Recently, Little Monster Bicycle’s expansion speed had surpassed everyone’s expectations, impacting various aspects and causing a significant stir.

As a result, Ali Group couldn’t sit still any longer and was eager to acquire Little Monster Bicycle.

Upon receiving the news, Xu Mo began to gather his management team to discuss the sale plan.

The timing was just right, and the market had matured; now was the optimal time to sell.

“Right now, there are too many people investing in shared bicycles! It’s booming in every city! We’ve already negotiated most of it, and we can sell the whole company.”

“Ali Group is probably looking to integrate Little Monster Bicycle into Alipay, which will help increase Alipay’s usage and open rates! They place great importance on this aspect.”

“12 billion, sell it all! That’s the current negotiated price!”

Although they had anticipated it before, there was no doubt that when this price was revealed, Tang Lei, Gu Huanxi, and the others were extremely excited.

After all, once the sale is successful, this would be real money coming in, no longer a castle in the air.

Through a year of effort, they earned enough money to last a lifetime, making them extremely excited.

“Did Ali agree?” Gu Huanxi asked excitedly.

“Almost! We need to have a few more meetings with them. They need time to calculate various valuations. I talked to several of their managers, and if the plan goes smoothly, we can finalize it in a month,” Xu Mo said.

“I have another question. If we no longer have Little Monster Bike^[1]Short for Bicycle, what will we do?” Tang Lei asked.

Xu Mo smiled, “We definitely have things to do! We won’t stop because of this. But as for what we’ll do next, I won’t announce it for now. Let’s focus on our studies first!”

The group exchanged glances and nodded.

“Then it’s settled! We’ll sell!” The three agreed.

“Good!”

With the plan finalized, the subsequent negotiations became much easier. Although several rounds of discussions were still necessary, and they needed to introduce Ali Group’s executives to various company operations, the overall tone was set.

“12 billion!”

“Oh! 12 billion!”

Xu Mo sent the results of the discussions to several major shareholders of the company.

For instance, Zhou Shiming was taken aback when he heard that Xu Mo and the others were planning to sell Little Monster Bike. He quickly sought a meeting with them to discuss.

When Xu Mo explained the reason and the price, Zhou Shiming couldn’t help but be amazed.

“You guys are still students! With this sale, the four of you are likely to earn a fortune! Especially you, Xu Mo, your profit might exceed 5 billion!” he said with a smile.

Xu Mo smiled modestly and said, “We still have some investments outside! Also, we need to deduct some money from the users’ deposits.”

“Come on! That won’t deduct much! You young people are amazing and very bold! Such a big company, such a significant venture, and yet you are choosing to exit at the peak! It shows how clear-headed you all are! I enjoy dealing with clear-headed people!” Zhou Shiming laughed.

He looked at them eagerly. “What are your plans next? Do you need investment? Will you continue to start new ventures? If you need investment, just let me know! There’s plenty of money available!”

Xu Mo exchanged a glance with Tang Lei and the others, then smiled.

“We need to focus on our studies at Tsinghua University first and then consider other things. If all goes well… we might indeed need investment in the future! We’ll get in touch with you, Mr. Zhou, when the time comes.”

“Good, good! Contact me early, as soon as possible!”

Zhou Shiming did not object to Xu Mo selling Little Monster Bicycle, as he could see that the market for shared bikes was becoming increasingly challenging.

Now that Little Monster Bicycle’s expansion has ended, the entire shared bike market has shifted from a growth market to a stock market, likely to face pressure from all sides in the future.

Selling now is naturally the best choice.

It must be said that the foresight of these young people is incredibly accurate. After realizing the future wasn’t promising, they didn’t hesitate and decisively cut their losses, a bold move that is truly impressive.