[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"origin-arms-tycoon-starting-with-a-scammed-hundred-bill":3,"chapter-arms-tycoon-starting-with-a-scammed-hundred-bill-arms-tycoon-starting-with-a-hundred-billion-doll-chapter-185":6},{"origin":4,"title":5},"chinese","Arms Tycoon: Starting by Conning a $10 Billion Order",{"chapter":7,"nextChapterSlug":20,"prevChapterSlug":21,"totalChapters":22,"novelImage":23},{"id":8,"novel_id":9,"title":10,"slug":11,"index":12,"content":13,"wordcount":14,"created_at":15,"updated_at":16,"volume":17,"translator":18,"content_hash":19},2079077,3287,"Chapter 185","arms-tycoon-starting-with-a-hundred-billion-doll-chapter-185",185,"\u003Cp>But Lin Yi's assets in his overseas accounts alone,\u003C\u002Fp>\n\u003Cp>plus the five-billion-dollar procurement from Dragon Country, already totaled 25.3 billion dollars.\u003C\u002Fp>\n\u003Cp>And that didn't even include the valuation of Fengyi Technology.\u003C\u002Fp>\n\u003Cp>Although in terms of social status, Lin Yi still lagged far behind Jack Ma,\u003C\u002Fp>\n\u003Cp>did he really need to show respect to Old Ma?\u003C\u002Fp>\n\u003Cp>Especially later, when he learned that this move had been orchestrated by the representative of Alibaba's Japanese shareholders,\u003C\u002Fp>\n\u003Cp>Lin Yi became deeply disappointed with Alibaba.\u003C\u002Fp>\n\u003Cp>Thus, Lin Yi spoke rather bluntly:\u003C\u002Fp>\n\u003Cp>\"I'm sorry, Mr. Ma, but I don't think this matter can be settled just on your say-so; your influence isn't that great!\"\u003C\u002Fp>\n\u003Cp>(PS: For this new book, we beg for flowers, tips, and review tickets; your support is the author's motivation!)\u003C\u002Fp>\u003Cp>After a moment of silence on the phone, Jack Ma said:\u003C\u002Fp>\n\u003Cp>\"Very well!\"\u003C\u002Fp>\n\u003Cp>Immediately, he hung up the phone.\u003C\u002Fp>\n\u003Cp>However, rumors soon spread online that Ali, due to its Japanese capital shares, was suppressing Longguo's high-tech enterprises.\u003C\u002Fp>\n\u003Cp>In reality, between Ali and Fengyi Technology...\u003C\u002Fp>\n\u003Cp>Ali had indeed acted unethically,\u003C\u002Fp>\n\u003Cp>displaying a sense of kicking someone while they were down during the crisis.\u003C\u002Fp>\n\u003Cp>Now, Fengyi Technology naturally needed to strike back; to prevent similar incidents in the future,\u003C\u002Fp>\n\u003Cp>Lin Yi prepared to kill the chicken to scare the monkeys, and Ali was that chicken.\u003C\u002Fp>\n\u003Cp>After the Songjiang District Court accepted Fengyi Technology's lawsuit against Ali,\u003C\u002Fp>\n\u003Cp>Lin Yi recruited several of Modu's most renowned law firms to form a legal team to handle the case.\u003C\u002Fp>\n\u003Cp>As for this case, many lawyers were highly interested.\u003C\u002Fp>\n\u003Cp>After all, if they could win against a giant company like Ali,\u003C\u002Fp>\n\u003Cp>their reputations would rise significantly.\u003C\u002Fp>\n\u003Cp>Of course, Ali also had its own legal team.\u003C\u002Fp>\n\u003Cp>In any case, neither side lacked money.\u003C\u002Fp>\n\u003Cp>However, after refusing to give Jack Ma face,\u003C\u002Fp>\n\u003Cp>Lin Yi immediately arranged a meeting with Huang Zheng of Pinduoduo.\u003C\u002Fp>\n\u003Cp>At this time, Huang Zheng was busy with Series A financing, with prospective investors including IDG Capital, Gaorong Capital, and others.\u003C\u002Fp>\n\u003Cp>However, Huang Zheng himself was very dissatisfied with the valuation for the Series A round.\u003C\u002Fp>\n\u003Cp>Therefore, the financing had been temporarily halted.\u003C\u002Fp>\n\u003Cp>Since Huang Zheng had met Lin Yi previously, he called to ask if Lin Yi would be willing to invest in Pinduoduo in a personal capacity.\u003C\u002Fp>\n\u003Cp>After all, everyone now knew that Lin Yi's company had fallen out with Old Ma's Ali\u003C\u002Fp>\n\u003Cp>and was about to face each other in court.\u003C\u002Fp>\n\u003Cp>Since Pinduoduo wanted to grow in the future and become the third pole of Longguo's e-commerce,\u003C\u002Fp>\n\u003Cp>it would inevitably have to go to war with Taobao.\u003C\u002Fp>\n\u003Cp>As the saying goes, the enemy of my enemy is my friend; furthermore, Huang Zheng also coveted the military background behind Lin Yi.\u003C\u002Fp>\n\u003Cp>This was the reason Huang Zheng contacted Lin Yi.\u003C\u002Fp>\n\u003Cp>In a private club upstairs at the Jing'an Kerry Centre in Modu,\u003C\u002Fp>\n\u003Cp>the two met again.\u003C\u002Fp>\n\u003Cp>It was a Cantonese restaurant with private dining rooms.\u003C\u002Fp>\n\u003Cp>After simple pleasantries, the two began discussing the financing issue.\u003C\u002Fp>\n\u003Cp>\"I'm not afraid to tell you, Mr. Lin, the financing IDG Capital and Gaorong Capital are offering Pinduoduo is 9 million USD for 20% equity...\"\u003C\u002Fp>\n\u003Cp>Huang Zheng said.\u003C\u002Fp>\n\u003Cp>\"Then what is your intention, Mr. Huang?\"\u003C\u002Fp>\n\u003Cp>Lin Yi asked calmly.\u003C\u002Fp>\n\u003Cp>\"An overall valuation of 500 million for Pinduoduo!\"\u003C\u002Fp>\n\u003Cp>Huang Zheng said, making an exorbitant demand.\u003C\u002Fp>\n\u003Cp>\"If I recall correctly, Pinduoduo launched last September, which is exactly five months ago; that's 100 million per month!\"\u003C\u002Fp>\n\u003Cp>Lin Yi said with a smile.\u003C\u002Fp>\n\u003Cp>\"Then what is your intention, Mr. Lin?\"\u003C\u002Fp>\n\u003Cp>Huang Zheng asked.\u003C\u002Fp>\n\u003Cp>\"A valuation of 300 million, and I want 20% equity!\"\u003C\u002Fp>\n\u003Cp>Lin Yi said.\u003C\u002Fp>\n\u003Cp>\"That's too much equity; moreover, if Mr. Lin wants to invest, Pinduoduo's valuation must reach at least 400 million...\"\u003C\u002Fp>\n\u003Cp>Thus, after a fierce verbal battle,\u003C\u002Fp>\n\u003Cp>Huang Zheng agreed to a valuation of 380 million, allowing Lin Yi to hold 15% equity,\u003C\u002Fp>\n\u003Cp>which meant that with 57 million Huabi, he obtained 15% of Pinduoduo's shares.\u003C\u002Fp>\n\u003Cp>Regarding this investment, Lin Yi could not say he was overly delighted, after all, he could not see the future at this time.\u003C\u002Fp>\n\u003Cp>However, he was quite optimistic about Pinduoduo's development;\u003C\u002Fp>\n\u003Cp>just this February, Pinduoduo's monthly transaction volume had exceeded 10 million,\u003C\u002Fp>\n\u003Cp>and paying users had surpassed 20 million.\u003C\u002Fp>\n\u003Cp>These figures might still have a huge gap compared to Taobao and Jingdong,\u003C\u002Fp>\n\u003Cp>but Pinduoduo's growth was truly astonishing.\u003C\u002Fp>\n\u003Cp>This equity stake was suitable for him to hold long-term, just like the value investing Buffett spoke of.\u003C\u002Fp>\n\u003Cp>The next day, Lin Yi entrusted his lawyer to finalize the equity transfer with Pinduoduo.\u003C\u002Fp>\n\u003Cp>Lin Yi joined Pinduoduo solely as an individual shareholder.\u003C\u002Fp>\n\u003Cp>Of course, he would not hold any position within the company,\u003C\u002Fp>\n\u003Cp>additionally, in the agreement signed between Lin Yi and Huang Zheng, there was a right of first refusal for subsequent financing rounds,\u003C\u002Fp>\n\u003Cp>which ensured that this portion of equity would not be diluted.\u003C\u002Fp>\n\u003Cp>However, for Lin Yi, this was merely a minor interlude.\u003C\u002Fp>\n\u003Cp>On this day, the time agreed upon between Lin Yi and the Long Nation military for the arms transaction had arrived.\u003C\u002Fp>\n\u003Cp>For a total of five billion dollars worth of armaments, Lin Yi could earn approximately four billion dollars on the system platform,\u003C\u002Fp>\n\u003Cp>which could simply be described as the epitome of exorbitant profit.\u003C\u002Fp>\n\u003Cp>Take the M1A2 Abrams main battle tank, sold for four million dollars, as an example.\u003C\u002Fp>\n\u003Cp>The price listed in the system catalog was four hundred thousand dollars, yet Lin Yi resold it at ten times that amount.\u003C\u002Fp>\n\u003Cp>Some might argue this price was somewhat low, given that the production cost of a single M1A2 Abrams main battle tank in the Ugly Nation was eight million dollars.\u003C\u002Fp>\n\u003Cp>Those being sold were even valued at tens of millions of dollars.\u003C\u002Fp>\n\u003Cp>However, there was a specific circumstance here.\u003C\u002Fp>\n\u003Cp>Not everyone had the funds to purchase a tank worth tens of millions of dollars.\u003C\u002Fp>\n\u003Cp>For instance, regarding Long Nation, if Lin Yi were to set the price of this tank at tens of millions of dollars,\u003C\u002Fp>\n\u003Cp>although Long Nation would certainly buy it, the quantity purchased would be drastically reduced.\u003C\u002Fp>\n\u003Cp>It might very well be just one or two units.\u003C\u002Fp>\n\u003Cp>Moreover, they would definitely be used for disassembly and research; once the technology within was thoroughly understood,\u003C\u002Fp>\n\u003Cp>Long Nation would manufacture them domestically at an extremely low cost.\u003C\u002Fp>\n\u003Cp>They would never purchase those multi-million-dollar behemoths from you.\u003C\u002Fp>\n\u003Cp>Instead, by setting the weapon prices below Long Nation's own production costs,\u003C\u002Fp>\n\u003Cp>Lin Yi could simultaneously ensure his own profits.\u003C\u002Fp>",1075,"2026-06-16T04:15:30.615Z","2026-06-16T04:35:02.051Z",1,"Qwen3.5 397B","50e049470d2c51725135d8eb5b97fe818ee02c687dc5967c69e17405641ca722","arms-tycoon-starting-with-a-hundred-billion-doll-chapter-186","arms-tycoon-starting-with-a-hundred-billion-doll-chapter-184",328,"https:\u002F\u002Fnovelzhen.com\u002Fimages\u002Fcovers\u002Farms-tycoon-starting-with-a-hundred-billion-doll-cover.jpg"]