Chapter 457: To Youth

2016 is actually a very interesting year, Xu Teng also has a lot of things that he has not encountered, some things are expected, such as the detection of gravitational waves by LIGO institutions at home and abroad. Pen × fun × Pavilion www. biquge。 info

This is Xu Teng's earliest investment in a basic scientific research project in China, a total of more than 6 billion has been spent, the effect is still good, to February 2016, a total of three gravitational waves have been measured, especially in February this time is the most obvious, the most significant.

Some things are not expected.

For example, the merger of the Huayin Consortium and the Lenvo Group.

Huateng Electronics Group has a relatively large business scale in CPU and GPU, and it is currently one of the very few forces in China that can compete with Intel and Nvidia at the same time, and it is self-contained.

This is why Xu Teng hopes to get together with Lenvo Group, which is still the world's largest PC manufacturer, accounting for 15% of the global market.

Lenvo Group and Lenvo are not stupid for this small consortium, even if they continue to use the CPU of Huateng Electronics Group, they will eventually be slowly strangled by the overall lineup of Huayin Consortium.

Huateng has two motherboard and graphics card manufacturers, one is Huatong Electronic Technology Co., Ltd., a subsidiary of Huateng Electronics Group, which designs its own motherboards and graphics cards based on its own Huaku CPU and Playstar GPU, and TCL Gigabyte Electronics Technology Co., Ltd., a subsidiary of TCL, which makes both Huateng AMD motherboards and Intel + Nvidia motherboards.

The strategy of the Lenvo Group is very simple: first, stop purchasing the CPU, GPU, and motherboard graphics cards of the Huateng system, and completely defect to the Intel camp; second, through public opinion, seize the moral advantage in advance, and avoid the Huateng system using the "domestic brand" to accuse the Lenvo Group of being a traitor.

The co-partner of Huateng Electronics Group, Shi Lirong, the global communication, smart phone, semiconductor chip boss personally came forward to preside over the war of China's PC industry, and took out Huateng Electronics applied for 4,700 patents in Europe and the United States last year, which is equivalent to the sum of Philips and Samsung, and is equivalent to the propaganda war of 70 Lenvo Group, and launched Huateng PCs, laptops and new models of tablet PCs, smart phones, and smart watches with AI functions to fully meet the Lenvo Group.

This is a decisive battle between the big guy and the big guy, but if this battle is described as evenly matched, it will be too much to exalt the opponent.

In the first quarter of 2016, the PC shipments, whether in the domestic or international markets, collectively exploded the Lenvo Group, and the CPU+GPU shipments of Huatong AMD also competed with the alliance of Intel + NVIDIA.

After a series of equity exchanges, the current Huatong AMD is actually a holding subsidiary of Huateng Electronics Group, listed on NASDAQ under the name of HAT &AMD.

Huateng Electronics Group's GPU business comes from AMD, AMD's GPU business comes from ATI, and Huateng Electronics' mobile graphics processor adreno also comes from ATI.

Intel and Nvidia have not been able to merge, but they are already an alliance and support each other.

Huateng Electronics is a self-contained system, slightly weaker than Intel + Nvidia on the PC side, and crushes these two opponents on the mobile side, competing with Qualcomm.

The biggest advantage of Huateng Electronics is that the system is complete, self-contained, it can be said that it is a more technologically strong Apple, this time and Lenvo Group completely tore the face, and finally launched its own full-brand business, the PC and notebook also pushed out.

Shi Lirong's strategy is very simple, copying Apple's successful experience, its own Huateng brand is self-contained, from chips to motherboards, graphics cards, storage, and displays, the full integration of hardware and software systems in the whole industry chain, playing is high-tech added value, high-tech and artistic design.

On the other hand, HP and TCL of the same faction are all taking the compatible route.

In retaliation against the Lenvo Group, Shi Lirong joined forces with the Sunshine Group of the Huayin Consortium to expel the Lenvo Group from the entire channel system.

Moral disputes and public opinion hype between capitalists are, in the final analysis, all about money.

Lenvo is a first-mover attacker, which is to put the opponent in an unethical position, and at the same time it can stop purchasing the opponent's products, and at the same time force the opponent's channel to continue to open to the Lenvo Group.

Shi Lirong can only say that what you think is quite beautiful.

The two sides fought from the public opinion war to the price war, and to the channel war, and finally proved a truth, the party with technology, word of mouth, and channels is the king.

In the first quarter of 2016, Lenvo Group's domestic shipments fell by 27%, and overseas shipments also fell slightly by 5%.

As soon as Huateng PC and notebook were launched, they were squeezed into the top five PC brands in China, and their shipments accounted for 14% of the market.

This business is actually not profitable, but Huateng Electronics must do it, and must maintain its own X86 series CPU and GPU business scale, Intel + Nvidia camp has Dell, Lenvo, Asus, Huateng Electronics only relies on an HP, a TCL that only has sales in China, it is definitely not possible.

What's more, HP and TCL are both in both camps, Asus and Lenvo are only in the Intel + Nvidia camp, and Dell is actually in the opposite camp although it is done on both sides.

After losing the Lenvo Group, the Huateng system does not have an advantage at all, and the DIY market alone cannot hold on, so it can only launch a new Huateng brand to squeeze the Lenvo Group.

After all, Shi Lirong is backed by the Huayin consortium and accuses Lenvo Group of completely defecting to Intel + Nvidia, and even if he does not engage in scientific research for his own selfishness, he will also strangle domestic CPUs and GPUs.

The public opinion war and channel war between the two sides are super exciting, which can be called the most exciting drama in the history of IT business war in 2016.

For Xu Teng, this is the next level of battle, and he doesn't need to pay too much attention to it, because at his level, the decisive battle between the Huayin Consortium and the state-owned financial system is over.

Many things start and end in the financial war.

Don't look at Xu Teng's silence in Jiangzhou, and he didn't put pressure on the securities regulatory authorities, in fact, because he didn't have to come forward directly to exert pressure.

The bell also needs to be tied to the bell.

Although the securities regulatory department is unwilling to slap itself in the face, under pressure from all levels, it is still necessary to give Xu Teng and the Huayin Consortium a fairer statement and a clean slate.

On March 17, 2016, the China Securities Regulatory Commission (CSRC) once again issued a new comprehensive investigation and held a press conference to announce the results of the survey of the A-share investment business of the Bank of China Consortium.

This report gives examples of two positive and negative parties, one is the positive case represented by the Huayin Consortium, and the other is the negative case of various domestic commercial capital manipulation of stock prices.

The positive case of Huayin Consortium uses Huateng's investment in Inspur Company, Zhongnan Iron and Steel Group, Minmetals Group, and Agricultural Bank of China as examples to help the other party restructure and digest non-performing assets, provide financing, corporate consulting and overseas investment services, fulfill the responsibilities of the investment shareholder, and obtain dividends and stock price appreciation through long-term investment.

This is a typical Warren Buffett operation.

In China, there is basically only Xu Teng who can play this set, and it involves the best 300+ listed companies in A-shares, and builds a Huateng Industrial Consortium of China's high-quality enterprise alliance.

For example, the securities regulatory department recently punished the heir of a 10,000 × Group, and used as many as 6 layers of funds to convene more than 200 × suppliers of 10,000 to manipulate the stock price of 9 Hao Group by means of fictitious business, fictitious contracts, fictitious cost reduction, fictitious income, fictitious deposits, etc.

For example, the Tang family used the self-selling and self-buying method of cutting leeks and the Shanghai-Hong Kong Stock Connect to manipulate the stocks of a number of domestic listed companies.

There are many such counter-party cases, and the securities regulatory department has given more than 20 examples at a time, all of which were investigated and dealt with last year, including problems such as loss of control of insurance capital, and Lenvo's Lianhong, Junlian, and Lianchuang are also on the list, each with a case that is not big or small.

It is clear who is the god of Chinese stocks and who is the predator of Chinese capital.

In this matter, even if this competent authority finally makes a 180-degree turn and turns to the platform of the Huayin Consortium, in Xu Teng's view, it is also a model of IQ arrears.

Xu Teng is too lazy to deal with these levels now, quietly doing his own business in Jiangzhou, being his chairman, sorting out all aspects of work, one is based on the IAS system to carry out the "deepening integration" of the entire Huayin AIG consortium, and the other is to do a good job in the layout of the road and the belt.

In Jiangzhou, he is very free and easy, although there are many affairs, he can always live and work in an orderly manner.

Xu Teng has lived in many prosperous and beautiful international metropolises, and if he really wants to say the most beautiful, it must be the Upper East Side of New York, but if he wants to name a city that can really satisfy him, it will always be Jiangzhou.

As the headquarters of "China Huateng Industrial Holding Group Corporation", Jiangzhou is also the headquarters of Huateng Hi-Tech, Huateng Electronics, Huateng Automobile, Huateng Medical, Huateng Precision Group, Tencent Group, Jiangtai Kaiyue Group, Yongtai Chemical, Wanbo Group...... The headquarters of 14 Fortune 500 companies.

This is the scientific research center of the entire Huayin consortium.

Xu Teng is sophisticated and warm in Jiangzhou, most of his friends and family have lived in this city in his life, and he and these friends have used their own strength, with their younger generation's aesthetic way, with their joy of life, to build this beautiful city with their own hands.

The quaint tradition and commercial pedestrian streets in the ancient city, the old-school villas and old university campuses, the modern and skyscrapers in the CBD of Jiang'an District, the high-tech gardens in Xicheng District, the youth heat wave and entrepreneurship boom in the university town, the chemical industry and energy in Beicheng District, and the scientific research base and industrial plants in Xijiang District.

The whole city is connected to the south of the mountain, there is the Lujiang Lake in the north, three bridges and two subway lines across the Yangtze River, the city on both sides of the Yangtze River is connected, more than 40 parks have their own unique, lakes are connected, especially the Zilongshan Park in the south of the city covers 1/7 of the area of the city.

Xu Teng and Xia Li can find time every week to meet with friends from their college days, most of them have already started a family, and sometimes even bring their children out to meet in a civilian restaurant with a children's playground like Prairie Ranch.

Life in Jiangzhou is happy, joyful, comfortable and comfortable for their couples.

Even if there are occasional people in restaurants, streets, and supermarkets who disturb the group photo, most of them are employees of the Huayin Foundation, because almost one-fifth of the city's population is directly or indirectly employed by the Huayin Foundation.

This week is the dinner time of Danguiyuan's seven knots, because Qi Xiaopeng finally decided to remarry, and the proposal was very successful...... In fact, the woman waited for half a year, and I don't know how many times she was urged by Xia Li.

Every time they went to Xu's house to complain that Qi Xiaopeng didn't want to get married, Xu Teng and Xia Li would laugh evilly and comfort each other for patience, after all, both of them were married for the second time, and they had demons, which was understandable.

Who would have thought.

Turning around, it was actually Yan Xiaoqing.

After graduating from university, Yan Xiaoqing worked in Jiangtai Group for a period of time, and later took a sponsorship from Chen Jian to study in the United States, studied at Carnegie Mellon University, and later went to McGraw Hill Press, the temple in his heart, to work as a translator.

People are like that.

Only to realize the ideal is that the ideal is not even as good as bullshit, everything is just too beautiful as I imagined.

Yan Xiaoqing married and divorced a senior in the United States who studied in the United States and lived in New York, and fled back to Jiangzhou with her children in 2014, and finally worked at the China Nature Conservation Foundation, which Xia Li and Sister Xiao managed.

She must be a little regretful now, if she didn't leave Jiangtai Group at that time, how could she be a senior or intermediate partner now.

Anyway, it's all over, and she doesn't mention it, she usually helps Xia Li deal with those foundation affairs, and the income is okay.

Qi Xiaopeng has always had some thoughts about her, after all, she had a crush in high school, and the two have quite suitable personalities, and they both belong to the kind of people who repeatedly hit the wall on the road of life. By mistake, the two actually talked about it, and they could get by.

The Danguiyuan Hotel on Ximen Street of Jiangshi University is already an old store with a history of 20 years, which is the first property invested by Xu Teng and Chen Jian when they first set foot in the business, and later became one of the high-end hotel chain brands under Jiangtai Group, focusing on Hunan cuisine, Thai cuisine and South American cuisine, spicy, sour and spicy, the wine is generally from South America Lafite and New Zealand Yunwan, and the domestic red wine is mainly Yunnan red.

This one on Ximen Street, which was rebuilt in 07, has more than 600 seats, mainly four-person tables, and more than 50 private rooms, some large and some small.

Xu Teng, Xia Li, Jiang Yingyu, Chen Jian...... These old friends generally have box 7, which is remote, with large space and good privacy.

Because Qi Xiaopeng and Yan Xiaoqing are getting married, there are a lot of people who come today, Liu Junsheng, Gong Keyfei and his wife, Gu Chen and Zhao Pu are all here, Chen Yulong is also here, everyone drinks wine, and they feel funny when they think of some old things in the past.

Zhao Pu was excited for a while, and when Chen Jian told them in the bathroom that the price of a bottle of wine was several thousand, the other three boys in the 1404 dormitory were stunned at that time, and they were all scolding Jiang Yingyu for being too dark, and it was completely a wine tray.

Jiang Yingyu and Xia Li's tears came out of their laughter.

Xu Teng thought about it and felt funny, at that time, he was actually quite nervous, a bottle of wine cost more than 300 dollars.

Life really flies!

At this time, Xu Teng took a general look, Jiang Yingyu, Xia Li, Yang Yun, Song Yuanyuan, and Meng Xiaomeng were all married, and the children all went to kindergarten and elementary school, Qi Xiaopeng went around and around, and finally he was with Yan Xiaoqing, which was really a joke and a miracle.

Chen Yulong has changed a lot over the years, and finally said an old thing, when he saw the seven knots of Danguiyuan in the car, he was also very angry.

Everyone was still laughing, laughing and laughing, and suddenly they were a little silent with each other, a little embarrassed, and they felt that time was like an arrow, and they were middle-aged in a trance.

"Then what kind of saying comes from......" Jiang Yingyu picked up the cup of Yunwan Sauvignon Blanc and thought for a while, "Come, let's give us youth." ”

"Yes, to youth!" Xu Teng agreed, they should have a drink for their youth, their happiness lies in the fact that their careers are too successful, and they don't have to go around after graduating from college in the future, they can stay in this city, grow up with this city, grow with each other, and share the bits and pieces of life.

"I'll say a few more words!" Chen Yulong stood up and delivered a very serious speech, "Usually, I don't come to join in this fun, because when you were righteous, I was a bad person. Today, Xiaopeng and his senior sister successfully proposed, and I must come to join in the fun. We want to drink this cup, first, we want to give youth, second, we want to give Danguiyuan, third, we want to give Tiantian Company, and my sad and weeping Huaxia game network. Finally, we would like to send a message to our high school, our university, our youth, our life, our Qi Xiaopeng, and our Yan Xiaoqing. ”

"Come, let's send a message to our classmates Qi Xiaopeng and our senior sister Yan Xiaoqing, a hundred years of good together, grow old together, I hope you will respond to the call of the country as soon as possible and draw up the plan for the second child. Xu Teng must get up, and the word must also be pronounced by him.

Everyone got up and toasted together, although Qi Xiaopeng and Yan Xiaoqing were both in their thirties, and it was not the first time they were ready to get married, but after all, it was only the second time, and they were still quite shy.

After drinking this glass of wine, Xu Teng sat down and was about to explain a few things, "Let's Danguiyuan Seven Righteousness, Xiaopeng's marriage is the most bumpy, and we are all very happy to be able to find a life partner who is most suitable for us, and at the same time can solve the problem of senior sister's second marriage." Their marriage will definitely be handled by the eldest sister and Xia Li, and they will choose the specific time, which day to register, and where to go for their honeymoon ......!"

Xu Teng didn't finish.

"It's not clear which day to hold the banquet or where to go for the honeymoon, but this certificate ...... I got it yesterday. Yan Xiaoqing directly explained the matter clearly, she had waited for half a year, since Qi Xiaopeng had opened his mouth to propose, and they both had a second marriage, so there was no need to be ashamed to delay, and then talk about the certificate first.

Everyone is a little embarrassed, no wonder Qi Xiaopeng has not said anything until now, a little bit forced to get married?

"It's better to get this certificate as soon as possible. Xu Teng smiled, how to say it, this is Yan Xiaoqing's character, and it hasn't changed for so many years, "Anyway, you female comrades are responsible for the rest of the things, and we male comrades don't participate in decision-making." ”

"I've talked to both sides about the honeymoon, first, it's too bad to go to the United States, it's too unlucky, second, it's too bad to go to Nauru, and third, it's even more obscure if you don't go to Europe. "Meng Xiaomeng is also idle, he has been involved in this matter recently, and he has asked almost the same.

"Then go to Russia, go to Red Square, go to Thailand and Southeast Asia. Don't go to Africa and South America for the time being, it's quite chaotic, and Antarctica is okay, we still have a bit of a sponsorship project over there, a little bit of a relationship. Jian Chen, Gu Chen, and I haven't had time, but I actually want to go. Xu Teng always talked to Chen Jian, Gu Chen, and Zhao Pu about this, and prepared four people to go to Antarctica.

"To Antarctica. Qi Xiaopeng was very excited.

"It's not your man's turn to speak, we'll let you know after we've discussed it. Xia Li was obviously able to conclude that Yan Xiaoqing had no interest in Antarctica at all, and directly came forward to veto this kind of project that only men were interested in.

The gentlemen present could only laugh, this kind of thing was originally decided by the ladies.

There are quite a few people here today.

At the end of the dinner, I drank more than a dozen bottles of Sauvignon Blanc, and the last cup paid tribute to the post-80s, their unregrettable youth, and their friendship.

Over the years, Xu Teng has always insisted on fitness and exercise, and kept his physical condition very good, but in this year, just this year in 2016, at the age of 33, he can still clearly feel that his body is not as good as before.

It's like a footballer at this age when he starts thinking about retirement.

Xu Teng's investment in sports is still very extensive, from European football to Chinese football, from baseball to basketball, volleyball, table tennis players are generally over 27 years old, the reaction ability is not as good as before, football, basketball, volleyball to 30 years old, especially after the age of 32, 33 years old, the body function is completely unable to support the high-load game.

Even if it is a very ordinary white-collar man, there are a few things that will be felt very deeply.

The body is going downhill, but the career has ushered in unprecedented brilliance, which is a stage that a successful man will inevitably go through.

This is very lucky, but I am most afraid that my body will not be able to do it, I have no house, ticket, car, and the worst thing is that I don't even have a girlfriend, which is more tragic.

Although they drank a lot of alcohol in the evening, the men decided to go to the top 40 qualifiers of the Asian zone for the 2018 World Cup in Russia, China vs. Qatar, at the Jiangtai Hyatt Stadium in Jiangzhou.

They arrived relatively late, and when they arrived at the VIP box at the stadium, the schedule had already entered the second half of the game, and China led 1:0 with the home power.

The influence and role of Huayin Consortium on Chinese football is relatively slow, and more than ten years of investment in campus football, although the model of special sports high schools is not cured, it has made some achievements and cultivated a group of national youth players for the national football team.

On the other hand, Huateng Sports Management Company has basically controlled the selection of national football coaches over the years, after all, the funds are all paid by Xu Teng and Chen Jian behind the scenes, and Camacho's stupid fork does not need to be considered.

In recent years, the head coach of the national team is the Swede Eriksson, although the reputation is not as good as in the past, it is still better than the national football coach, plus he arrived in China to coach since 2010, and served as the head coach of the Jiangtai football team for four years, won the AFC Champions League once, and knows this group of main players of the national team very well.

After he went to the national team, Jiangtai Club invited Lippi over.

Chinese football and the Chinese Super League, these years of changes are still relatively large, 06 years later, Huayin consortium of Huateng International Sports Company to Huzhou Huateng International team investment is relatively large, after 2012, with Evergrande, R&F, Shanghai Port have opened the money-burning mode, Huateng International Sports Company relatively shrunk in the first team investment.

Huateng International Sports Company's investment in the Chinese Super League has shrunk, and its investment in Liverpool is not as strong as in the past, but it still maintains about 200 million yuan per year in the cultivation of domestic campus football and youth football teams.

Chen Jian's investment in Jiangtai Club is very stable, about 100 million yuan per year, because there are more shareholders behind Jiangtai Club, and it is very easy to help 100 million yuan in expenses every year.

Therefore, in the Chinese Super League in these years, from 2006 to 2012, Huzhou Huateng International has dominated the Chinese Super League, winning the AFC Champions League twice, and from 2012 to 2016, Jiangtai Club has an advantage.

Over the years, the total investment of the Huayin Consortium in youth football and the Chinese Super League has been almost 4 billion, even if it is a drop in the bucket, it is still somewhat effective.

In this batch of national football, 2/3 of the players are from Huateng International and Jiangtai Club, there is still a gap between Japan and South Korea, but there is not much gap.

The biggest gap may be in the mind.

For Xu Teng, these are not a thing, except for the investment, handed over to professionals to be responsible for the operation, he never asks about the specific process, and he doesn't even pay attention to the results.

For so many years, from his college days to the present, he watched the national football game for the first time, and he still accompanied Chen Jian, Gu Chen, Zhao Pu, and Qi Xiaopeng to join in the fun.

The result was quite impressive, ending the home battle 3:0 and occupying the first place in Group C.

After the game, Xu Teng looked at the time at 10:35, and was about to go home, probably hearing the wind, Chairman Chai of the Football Association, who was watching the game on the spot, hurriedly led several officials over to greet him.

At this time in normal times, Xu Teng had already gone to bed, drank two bottles of Sauvignon Blanc at night, and almost fell asleep while watching the game.

He has to admit that he lacks true love for football, and he only scores a few points after playing for half a day, which is not at all as interesting as volleyball and basketball, and he doesn't bother to meet middle-level cadres like the president of the Football Association.

Although Xu Teng has always been the most important sponsor and funder behind the scenes of Chinese football, in fact, to this day, he has not seen a chairman of the Football Association, not even a vice chairman or anything, it is his subordinates who deal with this level.

No way, life is a bit too much!

Of course, since the other party is here, he still has to say a few words of greeting.

Chen Jian has a lot of contacts with middle-level cadres of this level, and when he has met Chairman Chai, the relationship seems to be good, so he introduced the other party to Xu Teng during the greetings.

"Well, hello. Xu Teng stretched out his hand and shook it for a few seconds.

"I have always wanted to meet the chairman of the board, but I have never had the opportunity, but it is a great honor to meet the chairman today, and I would like to thank the chairman for his love and support for Chinese football for so many years. I just calculated an account with Vice Chairman Zhang a few days ago, the chairman has invested at least 12 billion yuan in our Chinese football over the years, and without this 12 billion real money investment, how can our Chinese football have today's results. "Chairman Chai, a middle-level leader, can mix in this position, the level is very high, although the wording of these words is flattering, the demeanor is serious, talking and laughing, people like a spring breeze.

This is a person who is very good at speaking and doing things.

Xu Teng knows countless people, and he can see it at a glance.

"Chairman Chai has won the award, love and dedication...... In fact, it can't be talked about, since you invest in sports and want to get a piece of the domestic sports industry, it is natural to take some responsibility. "Xu Teng means that you don't have to be too excited, this money is nothing to me, but you don't expect me to come up with more, you still have to figure out your own way to get results.

Xu Teng is telling the truth, he has always felt that his investment is very restrained, at most it is 4 billion drizzle, I didn't expect it, damn it, it's already 12 billion, when was the extra 8 billion allocated, and how was it spent?

He thought about it carefully, oh, the 4 billion he calculated is the total investment of the two domestic Super League clubs and the domestic youth training base and high school football for ten years, in addition to these basic investments, there are also the salaries of the head coaches of the national football team and the National Olympic Games and the sponsorship over the years, the expenses of overseas youth training bases, and the expenditure of the Super League broadcasting rights of Shenzhou Media and Tencent Group, these two expenditures have been more than 5 billion in the past ten years, and this year they have added another 3 billion to buy out the broadcast rights for 4 years.

He didn't count these two accounts just now, and forgot.

It's over, I'm really old, and my ability to settle accounts is not as good as in the past.

The current competition for broadcasting rights in the Super League is still more incentive,Before 2012, it was more than 300 million a year,In recent years,LETV、Suning or something always has to be grabbed,There are some other media forces,This inexplicably increased to 700 million a year。

The money should still be worth it, because the Asia Satellite TV Sports Channel under Shenzhou Media Group, together with Tencent Video and Sohu Video, has monopolized the Champions League, La Liga, Serie A, Premier League and Chinese Super League games.

Chen Daqiao is responsible for these things, if it is not cost-effective, he will definitely not quote this price, even if he makes money at a loss, there must be a reason for Chen Daqiao.

Xu Teng doesn't care, he only looks at the annual financial report of Shenzhou Media SMG Group, as well as the data of each month, how many users have grown, ratings, and average net asset profitability.

Chairman Chai is very happy to see Xu Teng, the big boss behind the scenes, and he is eager to report where the Football Association has spent all the money over the years, and to let Xu Teng rest assured, there must be no indiscriminate investment by Xu Teng.

Although it was an insignificant small business, Xu Teng still listened patiently and praised a few words.

Having said that, the Huayin Consortium has invested as much as 12 billion yuan in the past ten years of operation in Chinese football, and if it is not possible to enter the World Cup in 2018, the chairman of the Football Association should really be out of office.

Especially after 2008, the national football team, the national Olympic Games, and the national youth have all been trained in Spain every year, and the national youth team has a youth training base in Margara, Seville, Spain, to participate in the second level of the Spanish Second Division regional competition.

In recent years, there have been many "superstars" in the Chinese Super League, but Huateng International and Jiangtai Club basically relied on this group of 2012 National Olympic main players to play games, and did not spend money to invite superstars.

There are also a few players in this group who play in the La Liga relegation team, not up or down, they are all semi-main players.

Xu Teng chatted with Chairman Chai for more than half an hour, and then said goodbye and left, in his Rolls-Royce Phantom 7 head car, he also took the time to look through the information of these players, and then he could only say that the 12 billion was the blindest investment he had ever made.

Not one of them.

All fucking bunch of rice buckets!

Xu Teng can only say that if he is really the god of China's stocks and the god of investment, the investment of 12 billion is basically the biggest shame in his career, and from the books, he has not even recovered the return of 5 billion, and it is still difficult to enter the World Cup.

Xu Teng really doesn't understand, is Japan and South Korea too strong, or the Chinese too weak, or the Chinese really can't do this kind of collective competition?

The Huayin Consortium has changed a lot of things in China over the years, but in this matter, it can only be described in one word, comparing the scale and importance of Japanese players playing in the middle of the Bundesliga, which really makes Xu Teng feel sorry for Chinese football.

There's no way, football really can't be played, let's fight industrial technology!