Chapter 6: Huang International Investments
For several consecutive days, Huang Feiyang unusually stayed quietly at school. During this time, he mostly passed the hours idly flipping through various textbooks and workbooks. Occasionally, he would chat briefly with Chen Xiruo.
Unbeknownst to him, the date had arrived: June 28th.
Early that morning, Huang Feiyang left Yang City and traveled to Yangcheng. There, at the White Swan Hotel, he met with several individuals—talents he had sourced through a headhunting agency.
Yes! Huang Feiyang was about to start a company. The offshore and shell companies he had registered earlier were finally about to be put to use.
After spending three days in Yangcheng, on July 1st, Huang Feiyang returned to Yang City.
That same day, in downtown Yangcheng, a new company quietly opened its doors on one floor of a high-rise building. Registered in the Cayman Islands, the company’s capital was one hundred million Hong Kong dollars, fully paid in. It was immediately injected with an additional four hundred million Hong Kong dollars.
This entity, named Huang International Investment Limited, was structured through a complex network of cross-holdings and agreements among several Hong Kong and offshore companies.
Undoubtedly, this company was the brainchild of Huang Feiyang.
His first directive for the company was to acquire as many original shares as possible in BAT (Baidu, Alibaba, Tencent). The more, the better. If funds fell short, he could continue injecting capital. After all, he still had over eighty million Hong Kong dollars at his disposal.
Of course, this was only the first step in Huang Feiyang’s commercial empire. While investing in potential future unicorns promised long-term returns, he needed other ventures to generate immediate income, creating a self-sustaining cycle—investing in, acquiring, and building more future unicorns.
But these plans would have to wait until after the college entrance exams.
There was no avoiding it. His parents, who had barely paid attention to his studies before, suddenly called and insisted he must sit for the exams. Huang Feiyang was helpless.
He couldn’t help but suspect that his parents intended to use their connections to secure him a spot in a prestigious university through backdoor channels.
"You’ve been away these past few days—where did you go?" Chen Xiruo asked, frowning as soon as Huang Feiyang sat down.
"Yangcheng," he replied with a smile.
"Xiruo, why are you suddenly so concerned about me?" Huang Feiyang teased, giving her a playful glance.
"Bah!" Chen Xiruo scoffed, glaring at him. Her cheeks flushed and her eyes looked slightly flustered.
"Really not concerned?"
"No!"
...
That same day in Shenzhen, at an upscale Western restaurant, a blonde, blue-eyed middle-aged Caucasian man met with a handsome young Chinese man accompanied by several aides.
“Sir, Huang International Investment is very interested in your company,” the Caucasian said with a warm smile. “Would you consider selling? The price is negotiable.”
The young man was momentarily stunned. Selling the company? Indeed, he had been contemplating it—they were close to collapse. But the offers so far had been ridiculously low. Fifty million? Ha! Who do they think they’re fooling? Now there was someone approaching with genuine intent.
At this moment, he couldn’t help but reassess his own company. Perhaps the venture he had created held more potential than he had realized.
“What price do you have in mind for acquiring us?” he asked calmly after a brief silence.
“How about ten million?” came the reply. “But with one condition: your team must stay on board. We’ll offer you a ten percent equity dividend incentive.”
...
At dusk, as school was letting out, Huang Feiyang received a call from his subordinate. Hearing the good news, he was filled with excitement.
Twenty million Hong Kong dollars for 67% of Penguin? And the founding team was staying on? This was a windfall!
At that moment, only one thought occupied Huang Feiyang’s mind. Although the current value of Penguin made the twenty million seem like a loss, its future was undeniably bright. Within a year or two, this investment could multiply many times over.
Moreover, he had countless strategies in mind to revive Penguin, to retrace its past successes. As for any detours, he would simply ignore them.
After chatting with his subordinate for half an hour, Huang Feiyang ended the call.
That night in Shenzhen, the Penguin team and Huang International Investment CEO George held a joint press conference. This event sent shockwaves through the industry.
An internet company on the brink of collapse suddenly found new life, securing twenty million in funding. Although the founding team lost control, it was better than shutting down.
Many insiders were curious about the mysterious Huang International Investment. The global tech bubble had yet to fully burst. In the past, a twenty million investment might not have raised eyebrows; now, it seemed like throwing money away.
After all, the stock prices of several Chinese internet companies listed in the U.S. were in freefall. And no one could see how this instant messaging company was profitable.
Back home that evening, Huang Feiyang chuckled as he read online comments and news reports.
“You really don’t know gold from jade,” he sneered.
As a reincarnated man with foresight, he was impervious to the opinions of so-called experts and industry elites.
Soon, his attention turned to the other two giants of BAT. He intended to collect all of BAT’s shares, as many as possible.
He knew well that the future of China’s internet would belong to them. For a long time to come, these three companies would dominate absolutely.
Furthermore, investing now was a surefire, risk-free bet.
Naturally, Huang Feiyang would not miss such a once-in-a-lifetime opportunity.
“I’m still too poor,” he sighed softly, contemplating his plans.