Rebirth 2010: I taught Mr. Lei how to make a mobile phone

Chapter 861 The dust has settled, names are etched on the pillar of shame.

"I hereby declare that the defendant Cheng Wei has committed a crime, the facts are clear, the evidence is conclusive and sufficient, the circumstances of his crime are particularly heinous, the consequences are particularly serious, and the harm to the country and society is extremely great."

According to the provisions of this article, the defendant is sentenced to death and deprived of his political rights for life.

As soon as the verdict was announced, a burst of sobs came from the family members in the audience.
Cheng Wei slumped her head, her shoulders slightly bent, and showed no reaction.

He was mentally prepared for the seriousness of his crimes, and at this moment he seemed to be nothing more than a soulless shell, resignedly silent.

"The facts are clear, the evidence is conclusive and sufficient, and they should be severely punished."

However, given that he confessed to his crimes after being apprehended, actively cooperated with the relevant departments in the investigation, and showed genuine remorse, he can be given a lighter punishment according to law.

Based on the provisions of this article, the defendant LQ is sentenced to twenty years imprisonment and deprived of political rights for five years.

Before the verdict was even finished, Cheng Wei suddenly looked up, his face filled with disbelief and indignation. His eyes were wide open like copper bells, and he stared straight at his sullen-looking accomplice on his right with lightning-fast eyes.

The saying "It's not scarcity that's worrisome, but inequality" was vividly displayed on his face at that moment.

You son of a bitch, it's not you who got the death penalty, so what are you so upset about?

All that scheming and racking of brains, and it turns out I'm the only clown here?
"Given that he showed a good attitude in admitting his guilt after being brought to justice, voluntarily confessed to the crime, actively cooperated with the relevant departments in the investigation, and made significant contributions during the process."

Based on the provisions of this article, the defendant Zhang Bo was sentenced to two years' imprisonment, suspended for two years.

After hearing this, Liu Qing, who had been feeling downcast, could no longer feel down; all her loneliness vanished instantly.

Ignoring Cheng Wei's hungry gaze on her left, she stared intently at Zhang Bo on her right with fiery eyes.

If this guy hadn't suddenly turned against us, things wouldn't have gotten to this point. Everything was caused by this guy!
He was in charge of compiling the data and he handled it himself. So after all that, she went to her father several times and finally got her sentence reduced to twenty years. Why did he only get two years?
A two-year suspended sentence means that if the offender does not commit another crime during the two-year probation period, the original two-year sentence will not be enforced.

Zhang Bo, however, was completely unaware, and even had a faint smile on his lips.

He felt that his spirit had been elevated and he had achieved self-satisfaction at this moment—he had finally done something good for the country and its people in his life.

This was the agreed-upon procedure, after all, he had indeed made a mistake, whether voluntarily or under duress.

Now, Tencent Mobility has extended an olive branch, inviting him to serve as CTO. After leaving, he can bring his original team to join him and continue to pursue his dream of changing the world's mobility.

Behind the audience, a cold, serpentine gaze was fixed on Zhang Bo, the ruthlessness in his eyes almost tangible.

Zhang Bo seemed to sense something and suddenly turned around, but only saw a blurry figure and found nothing unusual.

"One of them has a good father, and the other is a traitor. Why should I be the only one to die? I refuse to accept this! I'm going to appeal!" Cheng Wei's emotions completely collapsed, and his roar echoed in the sky.

"Bang, bang, bang!"

"Silence! If you disagree with this judgment, you may file an appeal with this court or directly with the Supreme People's Court within ten days of receiving the judgment."

"The trial of this case has concluded, and this judgment will be submitted to the Supreme People's Court for approval in accordance with the law."

"Court is now adjourned!"

The hammer fell, and the dust settled!
For a moment, the hall echoed with Cheng Wei's wailing as she was dragged away, crying out for justice.
"I fucking refuse to accept this!"

"Is there any more royal law?"

"I want to report this. Report this."

Zhang Bo got out of his car, got into his car, and dialed a familiar number. A smile involuntarily appeared on his face.

"Hey... I've finished my business here, you and your daughter can come back now..."

My daughter wants to talk to me? Sure...

Do you remember the ending of the fairy tale Dad told you the other day? The hero went through many hardships and finally defeated the big bad guy, and the family lived happily ever after…

The atmosphere was heavy in another car not far away.

The master is seventy-three years old this year. Twenty years from now, even if the young lady is still alive, it won't make much difference to him whether she is gone or not.

Liu Zhong's lips moved slightly. He still managed to offer a word of comfort, "My condolences, sir."

Old Liu clearly understood this principle, and laughed angrily, "Talking nonsense is useless, let others also take heart!"

Tell them to get to work, but make sure it's done cleanly. Since someone caused me to lose my daughter, let him taste the pain of losing a family member too...

"Let's collect some interest first; you should know who I'm talking about."

"Yes!"

"Remember, the work must be done cleanly, and there can be no more trouble."

"it is good!"

Old Liu knew he was in the eye of the storm and that dealing with Chen Mo required careful planning, but dealing with a few ordinary people, especially abroad, was not a difficult task for him.

The twenty years they gained by giving up nearly half of their family fortune were merely a condition; the most important thing was to secure medical parole for their daughter.

Fortunately, Liu Qing had a history of breast cancer.

Even tigers don't eat their cubs; this is the last chance he can give his daughter.

"Moss, the results are in: Cheng Wei is sentenced to death."

"What about Liu Qing?" "20 years in prison."

"Say it again? How many times?"

"Twenty years, and the other party is applying for medical parole."

"What reason? Mental illness?"

"Cancer recurrence..."

"I understand." Chen Mo's tone turned serious.

"besides……"

"Say!"

"In the end, Cheng Wei cried foul and kept saying he would report him, so I suspect he might know some inside information..."

"Please make the arrangements. I'd like to talk to him. Also, remind Zhang Bo's family members and colleagues to be vigilant and prevent any problems from arising."

"it is good!"

After hanging up the phone, Chen Mo rubbed his temples.

He admitted that he underestimated Lao Liu's determination to save his daughter, and also underestimated the power that the other party had accumulated over the decades.

Indeed, in a sense, power controls everything, and money controls power.

First he made a statement, then he voluntarily paid the fine, and finally he stepped down to give way to a more capable person. He spared no effort just to save his daughter's life.

According to information Chen Mo obtained through his channels, this old man, like the one surnamed Zong, doesn't only have one daughter.
Based on Chen Mo's understanding of Lao Liu, someone like him would definitely prioritize personal gain above all else.

Besides fatherly love, there are probably other reasons behind this.

Chen Mo felt there must be some inside story he didn't know, or that Liu Qing had some leverage over him that made the other party so anxious.

But whatever it is, as long as you grasp the main contradiction, you will eventually find out.

This is why he arranged to meet with Cheng Wei; perhaps this guy really does know something.
Thinking of this, Chen Mo made a phone call to Zhang Changfa, "Liu Qing might be released on medical parole during this period, so send someone to keep a close eye on her!"

We've done all we can; all that's left is to take it one step at a time and deal with whatever comes our way.

However, using this incident to push for the implementation of the Data Security Law is the right path and something he must do.

He assigned Tianji Pavilion the task of implementing compliant data collection standards and norms across various businesses under the Beyond Group, providing case references for the legislation.

At the same time, in his capacity as chairman of the group, he instructed the companies behind the "Other Shore" group, including media outlets, WeChat, ByteDance, ride-hailing services, Gaode Maps, Ele.me, and Bilibili, to conduct self-examinations and corrections, so that the bill's first blow would not fall on their own heads, which would be a blunder.

With the most important trial concluded.

The subsequent processing steps became very efficient.
On August 14, the other shoe finally dropped.

Major state media outlets simultaneously released a bombshell announcement: the company involved was fined 108.14 billion yuan.

This figure represents 30% of the company's annual revenue, setting a new record.

The official announcement was unusually published in the form of a lengthy text:

"Based on the conclusions of the cybersecurity review and the problems and clues discovered, an investigation has been launched into the suspected illegal activities of the company involved."
The company has engaged in data processing activities that seriously compromise security, and has refused to comply with the explicit requirements of regulatory authorities, engaging in double-dealing and malicious evasion, posing serious security risks to infrastructure and data security.

Their violations are clear in fact, the evidence is conclusive, the circumstances are serious, and the nature is egregious, therefore they shall be punished severely!
The company was fined 108.14 billion yuan!
The identities of company leaders are not disclosed in accordance with the law due to their involvement in national security matters.

What followed was a long list of data, with some media outlets even listing the specific data.

I. Illegally collected 1196.39 million screenshots from users' mobile phone photo albums;

Second, the company excessively collected 83.23 billion pieces of user clipboard and application list information.

三、过度收集乘客人脸识别信息1.07亿条、年龄段信息5350.92万条、职业信息1633.56万条、亲情关系信息138.29万条、“家”和“公司”打车地址信息1.53亿条；

There are a total of eight major categories and sixteen minor categories of violations.

It is so terrible that only four words can describe it: too numerous to recount!

However, there is a consensus among industry insiders, media, and netizens that although the company is still undergoing rectification, it is already time to dig a hole and bury it.

This penalty has also greatly deterred other similar companies in China, prompting the entire industry to pay attention to data security.

On August 20, the company at the center of the storm held an extraordinary general meeting to vote on the voluntary delisting of its American Depositary Shares from the New York Stock Exchange. The final vote showed that the company agreed to delist from the NYSE.

This also means that the company's initial rush to establish a foothold and its current quiet exit were truly just a brief appearance on the US stock market. It didn't even have time to release its first financial report before it was delisted.

The company's stock price peaked right after its IPO, with an opening price of $16, nearly 10% higher than the offering price of $14 per ADS. Its market capitalization once exceeded $300 billion, and it raised a total of approximately $44 billion, making it the largest IPO by a Chinese company in the US in 2014, following Alibaba and ride-hailing services.

However, this was also the company's last moment of glory.

The stock price then continued to decline, and by the time it was delisted and privatized, it was only a little over $2, with a cumulative drop of nearly 90% and a turnover rate of over 200%, which means that most institutional investors who participated in the IPO may have already sold off their shares quickly.

In other words, most of the retail investors who bought the company's stock have become "bagholders".

It took 20 days from applying for an IPO to listing in a flash, and exactly 20 days from listing to delisting.

This coincidence has become a topic of conversation among people.
(End of this chapter)