Chapter 613: Parting the Clouds to See the Bright Moon
Chapter 613: Parting the Clouds to See the Bright Moon
The window period stipulated by CFI finally came to a close after Zhang Sui signed a supplementary confirmation letter. All documents and materials provided in accordance with GFI's requirements had been bound and submitted to the location designated by CFI.
A tense atmosphere permeated the entire New York headquarters of Changhong Capital. The final decision was imminent, and no one knew what the outcome would be. Although there had been optimistic assessments before, there was always the fear of unexpected events.
The lobbying team continued to communicate and explain to key target individuals in an effort to dispel their doubts.
The public relations team is closely monitoring the development of public opinion in accordance with the plan.
Fortunately, the previous work had been done well, and the day of the hearing arrived without any major incidents.
On this sunny day in Washington, D.C., with a comfortable temperature, Zhang Sui, dressed in a tailor-made suit, entered the GFI review meeting room accompanied by Ed Farrell and other members.
A huge walnut table occupied the center of the room. Opposite the table sat representatives from the Ministry of Finance, the Ministry of Defense, the Ministry of Commerce, the Ministry of Justice, the Department of Homeland Security, and other agencies. Their expressions varied, creating a somber atmosphere.
The hearing was chaired by a senior official. Once the hearing officially began, he went straight to asking three core questions without any preamble: technological security, data sovereignty, and the intentions of the ultimate controller.
Every question was so pointed, and the attitude was so aggressive.
Zhang Sui provided professional responses to the technical details and management structure issues involved.
In particular, regarding the intentions of the ultimate controller, Zhang Sui answered: "Dr. Huang's intentions are very clear. His public speech at several major American universities not long ago showed that Sun Microsystems' original technology was open. The acquisition of Sun Microsystems was to demonstrate his exploration of openness and cooperation in technology. His academic background and the Clark Medal he received are the best proof. This is enough to demonstrate Dr. Huang's adherence to economic laws and market logic as well as his consistent long-term value investment."
In short, rescuing a once-glorious but now struggling technology company from its predicament, restoring its original innovative vitality, creating jobs and tax revenue is in the best interests of all parties at this stage. The relevant materials we submitted clearly demonstrate our consistent respect for intellectual property rights and our business philosophy of strengthening localized operations and pursuing long-term returns.
Suddenly, an official from the Department of Homeland Security raised a question: "Dr. Huang is of Chinese nationality, and his identity has a significant potential impact on the future of Sun Microsystems. We are concerned about this."
Zhang Sui smiled and responded to the question with composure: "Dr. Huang is first and foremost an outstanding scholar recognized by the global economics community, and only secondly a successful investor. His business decisions are independent of any political entity. Changhong Capital is a pure investment institution registered in Hong Kong and operating in accordance with international business rules. The funds we use for acquisitions are legal and transparent, and have passed the most stringent due diligence."
Moreover, our goal is not to dismantle or transfer Sun Microsystems' core assets, but to make it an important part of the technology ecosystem again.
The hearing lasted for more than three hours, with all kinds of questions being very sharp. Zhang Sui, Ed Farrell, and others did not dare to slack off at all. Just like in the rehearsal, they seriously gave the most reasonable and accurate answers to each question, and also cited data and clauses from the submitted documents as support.
After the Q&A session ended, the meeting room fell silent as committee members quietly communicated and exchanged opinions.
Zhang Sui tried her best to remain calm and sat quietly in her seat.
After an unknown amount of time, the senior official chairing the meeting spoke: "The committee thanks the representatives of Changhong Capital for their detailed and professional presentation and for submitting all the required materials. Based on the current review and assessment of the recommendations made by Changhong Capital..."
The guy suddenly paused, which made Zhang Sui extremely nervous.
"After careful evaluation, this committee has found no risk to national security posed by this merger and acquisition transaction. Therefore, this committee has decided not to oppose Changhong Capital's acquisition of Sun Capital."
Upon hearing this, Zhang Sui felt a sense of relief, her tense nerves instantly relaxed, and she cheered inwardly, finally passing the test.
Zhang Sui took a deep breath, suppressing the immense relief and joy in her heart, and stood up, saying, "Thank you for the committee's fair review and professional judgment, thank you!"
After leaving the conference room, the media reporters who had been waiting outside rushed forward to ask Zhang Sui, Ed Farrell, and others about the final result.
Everyone beamed with triumphant smiles. Zhang Sui proudly told all the reporters, "After professional review, the committee believes that this acquisition does not harm American interests, and Changhong Capital can proceed with the acquisition of Sun Microsystems as planned."
With a bang, the reporters erupted, crowding around Zhang Sui and the others with microphones and video cameras, bombarding them with questions.
At this point, bodyguards protected Zhang Sui and her entourage, while the head of the public relations team told reporters, "We will answer all related questions at tomorrow's press conference. Thank you!"
As they spoke, Zhang Sui and the others got into the car under the escort of bodyguards and quickly drove away.
After getting on the bus, Zhang Sui dialed the most important number on her phone.
After the call connected, Zhang Suiyi gave a brief report: "Boss, the review is approved!"
There was a few seconds of silence on the other end of the phone, then Huang Xiaochuan's voice came through: "You've worked hard, you did a great job, but you still need to keep working hard to prepare for the next step of the transaction."
"Understood!" After hanging up the phone, Zhang Sui closed her eyes and took a deep breath. After going through all kinds of torment, twists and turns, and spending countless efforts and funds on the business acquisition, all obstacles were finally cleared. As the person in charge, she was under immense pressure, but the ending was good. She had finally seen the light at the end of the tunnel.
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