The annual Global Electronic Technology Industry Summit was held at the Santa Fe Hotel in the city. All the companies invited were top technological companies from around the world. The Moran Group and the KCL Group were without a doubt the two biggest companies there. They drew a lot of media attention.
However, the Moran Group had been in trouble recently. There were rumors that the cooperation between the Moran Group and the KCL Group had not been finalized, resulting in the Moran Group's largest investment, the G6 chip phone project, being delayed for nearly half a year. Their major production lines and sales lines were thus non-operational. The Moran Group's performance had declined for two quarters in a row, resulting in heavy losses.