"Why, President Chen?"
Ling Jun Dong was puzzled. "Do you have any concerns?"
Everyone looked at Chen Jin, wanting to hear his explanation.
"It's not concerns. It's just that the foreigners won't let us earn the money!"
Chen Jin shook his head.
"All of you should know about the Zhongxing incident last year, right? Hua Yao's 5G was boycotted by many countries; the Da Jiang drone was banned by the M nation's military. The Z nation's high-tech enterprises have been suppressed and restricted by too many foreign countries. We hope for win-win cooperation, but what about them? They only have zero-sum games in their minds. They feel that they are losing out on ordinary trade deals. They completely ignore the fact that our country's cheap products have greatly reduced their cost of living.
Xing Hai Technologies will definitely grow into a technology giant in the future. It will also grow into a thorn and threat in the eyes of the Western countries. There is no other reason for us to be restricted and suppressed by them. It's because we are strong, because we are better! So, they are panicking, jealous, and afraid. They will definitely do something to cause trouble for us. This kind of hysteria is written in their genes.
Instead of that, it's better not to deal with them! It's better not to earn the kind of money that we have to humble ourselves and beg for their favor! "
Li Yuan Liang panicked. "But President Chen, this is a market worth hundreds of billions. How can we just give up on it?"
"President Chen, the Western governments have not started to suppress us yet. Also, there are some countries in Southeast Asia, some countries in Eastern Europe, India in South Asia, the rich countries in the Middle East, and some countries in South America. We can still do business with them. No matter how small a mosquito is, it's still meat."
"Yeah, President Chen. If we want to expand our company, we must go international. We can't give up eating for fear of choking."
They felt that President Chen was a little extreme. It was indeed difficult to do business with some countries. But there were more than 180 countries in the world. They could not give up the whole plate of meat just because of a few countries.
This was really unwise.
"What's the rush? I didn't say that we won't earn money from the foreigners! "
Chen Jin frowned. "Yesterday, President Lei from Da Mi Technologies gave me a call. He said that he wanted to sell his Love Mi cleaning robot in the overseas market. He asked if I could authorize him. I agreed. In the future, for every Love Mi robot sold in the overseas market, Da Mi Technologies will have to pay Xing Hai Technologies a patent authorization fee of $150 per robot.
"If the Love Mi Robot succeeds in the overseas market, we can also benefit from it."
Regarding this matter, Lei Xiao Jun actually felt very helpless.
Last month, his Love Mi Robot was released. It was priced at $3,699. He thought it would fill the gap in the market after Wa-wah 1.0 was discontinued and take over a large portion of the low-end market.
The results were disappointing. The Love Mi Robot had been launched for almost a month, but the market response was mediocre, with less than 500,000 units sold.
Following that, there were many quality problems. Consumers gave a lot of bad reviews, which led to a sharp decline in sales, and the after-sales performance was also not satisfactory.
Most importantly, compared to Wa-wah robot 1.1, the Love Mi robot was a generation behind, and the materials used were not as solid.
Furthermore, the after-sales service of the Wa-wah robot was perfect. It provided free maintenance services for more than three years!
Amy Robot is only available for six months.
In terms of price, there was only a difference of 300 dollars between it and the regular version of Wa-wah 1.1.
In this era of escalating consumption, consumers with a balance in their hearts knew how to choose.
The Love Mi Robot was a flop in sales and wasn't competitive in the domestic market, so Lei Xiao Jun had no choice but to place his hopes of making money in the international market. After all, there weren't any similar cleaning robots in the international market.
Therefore, he gave Chen Jin a call to ask if he was allowed to sell it overseas and to obtain the authorization to do so.
Naturally, Chen Jin agreed. Recently, You Ying Motors had signed a supply agreement with Da Mi Robots. They had started to supply the Love Mi Robot with domestic brushless motors. There was an intended order of 3 million units at a price of $255 per unit. The licensing fee for the technology would be increased by $50 on top of the original $100. Chen Jin would earn more than $270 for each unit sold overseas.
Recently, there was also good news from Bi Long Technologies. Wang Quan Long said that the first batch of qualified mechanical movable parts had already been produced and off the production line. They would be able to be mass-produced next month. By then, he could sell the mechanical movable parts to Da Mi Robot and steal the business of Fanaco Robot. Chen Jin would earn another $100.
If the Love Mi Robot could sell millions or even tens of millions of units overseas, Chen Jin would also earn a fortune.
Moreover, he was not afraid of attracting trouble. He did not have to put in any effort and could earn money while lying down. Why not?
"Alright, President Chen."
"The money earned is a little less, but it does save us a lot of worry and trouble."
"But … can we grow into a great company just by establishing ourselves in the country?"
Ling Jun Dong shook his head secretly. He had studied abroad and worked in a foreign company for two years. He learned a lot from there. He felt that there were many advantages and good business models overseas that were worth learning from. They should interact with them more, stand at a higher level, and expand their international horizons. Some foreign governments were not easy to deal with, but it was better than being stuck in the same old ways.
But Chen Jin was really not interested in opening a foreign branch company and becoming a multinational corporation. His Xing Hai Technologies was not for foreigners. Its main target audience was his countrymen! His goal was to bring more help to his countrymen. To be honest, he really did not care for the little bit of money from foreigners.
The money in the domestic market was already enough for him to earn endlessly. Why should he go abroad and make a living?
The crowd did not say anything more.
…
5th of July.
After nearly three months, Shi Xiao Tao once again came to Shang Hai and met Chen Jin.
This time, she did not bring a script. Instead, she brought an adaptation of the script. She hired a professional team to produce the opening demo of the animated movie "Wa-wah Robot: A Brilliant and Brave Rescue."
"You made the demo so quickly?" Chen Jin was very surprised. Wasn't this efficiency a little too fast?
Shi Xiao Tao tossed her ponytails to the back of her head. She crossed her arms and said proudly, "I spent a lot of money to hire the most sophisticated animation production team in the country. With the materials you gave me, of course, the production efficiency is fast, and …"
She walked to Chen Jin's side and double-clicked on the computer file on the table. She started playing the demo video. "I thought three minutes was too short, so I made a 15-minute opening for you. You can take a look."
"15 minutes?"
Chen Jin opened his mouth in surprise. "Isn't that too fast?" He shook his head again and again. "But don't be too happy too early. If the quality isn't up to standard, you might have to go back and redo it. Your loss will be even greater."
"Take a look first. I won't bring it over if the quality isn't up to standard."
Shi Xiao Tao, who had a good foundation in art, was very confident in the quality of her work.
Chen Jin began to watch it seriously. Although there was no dubbing, the graphics were definitely at the level of a top-notch animation! The plot unfolded and the storyboard was used very skillfully. The graphics were smooth and the rhythm was good. It allowed him, the audience, to be well immersed in the story.
"Not bad, not bad at all. The quality is up to standard, the graphics are exquisite, and the direction is excellent."
Chen Jin gave a thumbs up. He finally recognized Shi Xiao Tao's ability.
She said rather narcissistically, "Of course, I've said it before. I'll definitely become the best director in the country. I have that ability!"
They talked about other issues related to the movie, such as the production cost, post-production, publicity, and so on. Chen Jin was most concerned about when the movie would be released.
"The length of the movie is about 100 minutes. Including post-production, dubbing, and publicity, it will probably be released in June next year. It'll take about a year."
"A year? Can the progress be sped up? Can it be brought forward to February next year and released during the Lunar New Year period? "
"That's possible, but we'll have to double the number of people we hire. The investment will be relatively large, and the funds will be tight."
Shi Xiao Tao was in a difficult position. Actually, she wanted to finish the movie before the Lunar New Year period, but she realized that it was not realistic.
"Are you short of money? How much? "Chen Jin asked.
"We're not short of money. My dad gave me $50 million, and the total production cost is about $250 million. My parents should be able to raise the remaining $150 million, but not immediately. It'll take at least a few months. If they can't raise it, we'll mortgage our house … Anyway, we're not short of money.
How about this, I'll invest $100 million in this movie. You can speed up the progress and try to finish the movie before the Lunar New Year period. Can you do it? "
Wa-wah 2.0 would be launched at the end of the year. If he could use this movie with a box office potential of at least $2 billion to advertise, the effect would definitely be better than spending $100 million on advertisements!
Moreover, with the $100 million investment from Chen Jin, he would still have a share of the box office earnings. Together with the IP licensing fees, he would be able to get quite a share of the box office earnings after the screening of "Wa-wah Robot: A Brilliant and Brave Rescue."
No matter how he looked at it, Chen Jin would not lose out on this investment. It was killing two birds with one stone.
"Sure, you can invest in me too. It'll save me the trouble of dealing with those investors. If I hire more people, the movie will definitely be able to be released during the Lunar New Year period!"
Shi Xiao Tao's eyes lit up. She agreed to accept his investment.
Then, the two of them negotiated the specific terms of the cooperation. After the movie was screened, Xing Hai Technologies would get 50% of the total box office earnings from the IP licensing fees and the 100 million investment.
After signing, Shi Xiao Tao looked at the contract and muttered, "Sigh, I've been working so hard, only to find out that I'm working for someone."
You've already exceeded your reading limit for today. If you want to read more, please log in.
Login
Select text and click 'Report' to let us know about any bad translation.
