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Chapter 753

Words:2406Update:22/06/22 23:57:57

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"Director, how is it going? Have you found the talents in all fields?"

"I've found the talents, but it'll cost a lot of money."

"How much?"

"I've done some preliminary calculations. At least one billion."

"Only one billion."

Chen Yu smiled. "Director, have some tea. I'll inform the finance department in a while. I'll give you one billion this afternoon."

"Damn, where did you get so much money from?"

Li Biqing was dumbfounded.

Of course, Li Biqing didn't know that Huo Yuhao had taken money from his friends.

This was a top secret of Huanyu Technologies. The fewer people who knew about it, the better.

Of course, it was impossible for Chen Yu to reveal such a thing.

A trump card at a critical moment was more effective than anything else.

This wasn't.

Li Biqing was shocked by Chen Yu's generosity.

Of course, this didn't mean that Huanyu Technologies couldn't afford one billion yuan.

Now that Huanyu Technologies was a big company, it was possible to think of some ways.

But being able to afford it didn't mean that they could put all the money in the laboratory.

One had to know that the technology that Chen Yu had asked Li Biqing to find this time around still couldn't be discovered for the time being.

For example, the capacitive screen technology, camera technology, multi-touch technology, display technology, fingerprint lock technology, and so on that Chen Yu mentioned. These technologies were all prepared for the smartphone of the future. Of course, some technologies didn't need to be researched. Some companies could master them. But it was their own business. Whether they would cooperate with you was unknown.

Besides, even if they cooperated with Huanyu Technologies, Chen Yu wouldn't be at ease.

If they didn't cooperate, you wouldn't be able to cry even if you wanted to.

So.

Chen Yu had to have these technologies in his hands.

So, Chen Yu asked Li Biqing to poach a group of technical experts from all over the world.

It had to be said that Li Biqing's connections and methods were amazing. He really helped Chen Yu find many experts.

"Haha, I can't tell you where they came from. Anyway, they weren't stolen or robbed."

Even though the president was one of them, he couldn't tell him about the money for the time being.

"Alright, it's easier to do things with money. However, Chen Yu, I have to tell you that these technologies cost a lot of money. The initial one billion is only for the initial stage. As for the middle and later stages, I've calculated that it might cost around five billion. "

"Five billion? Alright, why don't I just give you the five billion now? That way, you won't have to ask me later."

"Ah, you're giving me 5 billion now?"

"Heh, I'm just kidding. Don't worry, Dean, the money is definitely not a problem."

"Really?"

"Of course it's true. Why don't I ask the finance department to transfer the money to you now?"

"Forget it, forget it. You're a weird kid. I'll believe you."

Li Biqing didn't mind.

He naturally understood this kind of business secret, so he didn't ask any more questions.

All he needed to know was that as long as he had the money, he could research a series of technologies.

However, some of these technologies could be developed with money.

However, there were many things that couldn't be researched by just poaching some talents and setting up a laboratory.

For example, memory and display.

Memory was what we were all familiar with: computer memory, mobile phone memory, and so on.

Of course, there were two types of memory in mobile phones. One was the operating memory, and the other was the storage memory.

The storage memory was roughly equivalent to the hard disk on a computer. This technology wasn't big.

The most important thing was the operating memory.

In terms of memory, the gap between the Chinese and foreign countries was quite obvious.

For example, DDR2 memory had begun to be popularized in the market now. It was difficult for the domestic side to even produce the first generation.

In addition, there was the display.

This display was not a piece of glass. Glass was glass, and the display was the display.

Zhou Yifei was involved in mobile phone glass. It was worlds apart from mobile phone display technology.

In layman's terms, the glass that Lansi shares was involved in was just a piece of glass on the display. It was used for aesthetic and security purposes.

Don't underestimate such a small display.

To be honest, the Chinese couldn't even produce such a small screen with the power of the entire country.

As for the reason, other than technical reasons, it was also the wrong judgment of the Chinese on the market.

For example, a lot of home appliance manufacturers were still promoting CRT televisions.

The so-called CRT televisions used cathode ray tube technology. To put it simply, it was the large color TV at home. Little did they know that LCD screens had already begun to enter the market. This market was first in the area of computers. Later, it shone brightly in the area of mobile phones and home appliances.

After a number of years, when the domestic manufacturers understood, the world's top display manufacturers had already developed the display for many generations. They even went one step further from the LCD display and introduced a more advanced LED display. Did you think that LED was the end? It was far from it. There was still OLED technology above LED.

However, although the domestic situation was more terrible, there was still a company that was more prophetic.

This company was called Beijing Oriental.

At this time, Beijing Oriental was naturally not as famous as the future.

At this time, Beijing Oriental was still a little unknown. It could even be said that it was a little miserable.

However, this was exactly what Chen Yu wanted.

If Beijing Oriental was awesome, Chen Yu wouldn't be able to participate.

One had to know that the market value of Beijing Oriental in the future was as high as more than 160 billion. It was as difficult as ascending to the heavens to enter.

"Bamboo, help me check Wang Dongsheng's information."

Wang Dongsheng was the founder of Beijing Oriental.

Since Chen Yu wanted to enter Beijing Oriental, he naturally wanted to know more about this founder.

"Okay."

Half an hour later, the assistant Bamboo sorted out Wang Dongsheng's information and sent it to Chen Yu's email.

Compared to some of the other big shots, Chen Yu didn't know much about Wang Dongsheng.

However, after reading Wang Dongsheng's information, Chen Yu looked at each other.

"Damn, this guy is also a big shot."

Chen Yu admired him in his heart.

Wang Dongsheng was from Zhejiang Province. In 1978, he received a master's degree from Hangzhou University of Electronic Science & Technology of China.

Later, when he was 35 years old, he took over the North City Electron Tube Factory, mainly producing CRT displays.

However, Wang Dongsheng was keenly aware that the future would be the world of LCD displays.

Therefore, in 2000, he used debt to equity to establish Beijing Oriental Technology. Their main business was LCD displays. Moreover, they also purchased the LCD display production line from Hyundai.

However, although Wang Dongsheng had good foresight, since the establishment of Beijing Oriental, Beijing Oriental had been in continuous losses.

In 2000, they lost 100 million yuan, 300 million yuan in 2001, 500 million yuan in 2002, 500 million yuan in 2003, and a terrifying one billion yuan in 2004 … At this time, even the China Securities Regulatory Commission suspected that Beijing Oriental's financial records were falsified. At one point, they even investigated Beijing Oriental. However, everything was clear. Beijing Oriental did not falsify, and it was indeed a business loss.

If it was an ordinary company, Wang Dongsheng would have been kicked out of the company long ago if he was suffering from continuous losses, and not just huge losses at that. However, Wang Dongsheng was so powerful. Even if he was losing money, he still withstood the pressure from all parties. He also successfully convinced the higher-ups and the bank to continuously donate blood to Beijing Oriental.

Well, the latter part of the money was still spent.

The 740 million USD given by the China Development Bank was spent because of production.

The 2.8 billion RMB given by the Beijing higher-ups was spent because of the expansion of production …

It was originally a medium-sized company with a few billion yuan, but Wang Dongsheng turned it into a 10 billion yuan company.

Well, do you think this is the end?

After losing so much money, you should go bankrupt. Don't come back to harm others.

No way.

You owe so much money to the bank, and you dare to go bankrupt?

Since you can't go bankrupt, what should you do?

Wang Dongsheng had no choice but to negotiate with the bank and the higher-ups again.

Why don't you give me more blood? We can hold on for a while longer, and we can make money.

In the future, Chen Yu vaguely remembered that Wang Dongsheng used this method to turn a 10 billion yuan company into a 100 billion yuan tycoon.

This behavior was exactly the same as Chen Yu kidnapping a group of investors.

"Damn, he's a genius."

"Interesting, really interesting."

Even if they did not want to work with such a person, it would be good to know him.

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