But with Wanliu Capital’s current strength, sending out a research report like this would make the entire market tremble.

Taking down Musician has its benefits, at least it won’t let so many investors lose everything, there’s at least a traceable entity for the debts.

A single Musician caused dozens of companies to go bankrupt, simply because those debt losses were too massive.

The Cen Family has basically put all their chips on the table, if they don’t get involved now, people would think they’ve chickened out.

...

In the blink of an eye, it was January 11th.

Li Yang came to school in the morning, originally intending to take an exam.

On the way there, he received a call from Yan Shengping.

"President Li, I apologize to you; regarding the loan for Extreme Shadow Cars, it couldn’t get approved."

Li Yang was stunned upon hearing this.

Such a loan couldn’t get approved? Is Yan Shengping not doing his job?

Not to mention Yan Shengping, even if he himself went to the bank asking for a loan, the bank would give it, it’s merely a question of interest rate.

Extreme Shadow Cars, such a big company, can’t get the money?

He asked, "Yan, is there really no reason for this?"

Yan Shengping said, "Yes, I know there’s absolutely no reason for this, it was agreed upon a few days ago, ten billion in interest-free loans, but today they suddenly said it won’t work, not even normal interest, claiming Extreme Shadow Cars’ risk rating is unacceptable."

"Damn risk rating! I’ve poured tens of billions of cash in, where’s the risk? No debt at all and they call this risk?"

Li Yang had never been so furious.

Previously he still nitpicked, but now he couldn’t be bothered, they directly fabricated something?

Yan Shengping agreed with Li Yang, he actually understood it’s just someone deliberately causing trouble.

Once the funding is cut, the money invested in Extreme Shadow Cars will be for naught.

Unless Li Yang can find money from somewhere else.

For instance, Jiang Banxia.

Li Yang directly hung up the phone and then called Jiang Banxia.

Before the market opened, it was still possible to reach Jiang Banxia.

Quickly, the call connected. "Master Jiang, temporarily hold off on publishing that research report, let’s discuss it later, others have added stakes, I need to add some too."

Jiang Banxia was surprised, "Still adding stakes? What have they done?"

"They blocked Extreme Shadow Cars’ loan."

"..., do you need me to send some money over?"

"No, no... let’s leave it for now, I need to go to the exam, I don’t want to fail again."

After failing last time, Li Yang had a restless summer vacation, always needing to take out his books to read.

He certainly wouldn’t give up on Extreme Shadow Cars.

He still had tens of billions at hand, but they were already earmarked.

The shared electric vehicle project was set to begin preparations before the year-end and start immediately after the new year, the first batch of funding needed two billion, and subsequently definitely needing to multiply several times.

Aurora Studio later needed to invest one or two billion, aiming to produce the game before June.

Without adding funds there’s no efficiency, they must launch ahead of Blue Hole.

He still needed to reserve a few billion to buy Bitcoins.

After the exam, he returned to Jiang Banxia’s residence, immediately clearing the Port City account.

That account’s funds were still decent, due to leveraging it, and after more than a year of eating both the bull and bear markets, it barely doubled.

The bull market phase was full leverage doubling! In the bear market phase, leverage couldn’t be pulled up, there weren’t enough products from Port City.

Principal amount of thirty million US Dollars.

A company registered in Po County called Xin Cheng Capital appeared.

Taking advantage of the few days before the exam, Li Yang went to Jiangbei, arranging meetings with several banks.

Afterwards, he met a few banks in Capital City, discussed Extreme Shadow Cars, and brought all of Extreme Shadow Cars’ projects to borrow money. 𝚏𝕣𝐞𝗲𝐰𝕖𝐛𝐧𝕠𝕧𝚎𝚕.𝐜𝚘𝗺

All were rejected because the risk coefficient for Extreme Shadow Cars in the banks’ database was too high, the rating was poor, not even eligible for high-interest loans.

It’s not that Li Yang wasn’t persistent, he just wanted some evidence.

After a few days, Extreme Shadow Cars released a financing plan.

Xin Cheng Capital from Po County put up two hundred million US Dollars, acquiring 40% of Extreme Shadow Cars’ shares.

This price was quite low, as Li Yang himself had already invested over thirty billion, soon approaching forty billion.

Equivalent to a cut-rate financing.

After completing all these, Li Yang finally called Bai Jingxuan.

Cooperation, cooperation, it can’t always be him getting beaten.

With school about to go on winter break, he couldn’t let his year end on a bad note.

"Old man, wishes for your good health."

Bai Jingxuan replied, "I’m alright, I know that bank loan issue got you heated, if you need me to help with anything, feel free to ask."

"I don’t need your help, I just want to know, if I cause a huge mess, I shouldn’t die, right?"

"What do you want to do?"

"Let you pass a message to the Cen Family, clean themselves up and wait for me to take them all down one by one!"

Li Yang hung up the phone. Bai Jingxuan indeed wasn’t fit to make a move, but Li Yang didn’t want him too comfortable.

Just a reminder.

Honestly, whether it’s Yan Shengping or Bai Jingxuan, they might help a little at this time, but won’t directly oppose the Cen Family.

There’s no need for them to do so; after all, Li Yang was the one who provoked the Cen Family, and the benefits they could gain were limited.

January 24th, Jing University went on winter break.

Li Yang arranged a class dinner to mark the end of the sophomore semester.

So far, he hadn’t failed any courses.

Entering the winter holiday, Li Yang was fully idle as he waited in Capital City to return with Jiang Banxia.

On January 25th, after more than half a year, he met Xiangnu again.

This time, Xiangnu brought bad news.

"Penguin over there is planning to cease our live streaming authorization in May, including a series of Penguin Games."

This was a fatal blow to Mouyu!

Because most popular games in the country were Penguin’s, although the Pig Factory had a few, their popularity was not high.

Streaming platforms need authorization from game companies to stream their games, if unauthorized, they could face lawsuits.

And the authorization fee is virtually zero since it’s essentially promoting the game.

In their past life, even when streaming platforms fought tooth and nail, Penguin never cut off anyone’s game authorization, only when Douyin rose and truly impacted Penguin’s foundation did they stop granting game streaming authorizations to competitors.