18th of November.
Bureau of Industry and Commerce.
Chen Jin brought his dad here again to complete the legal procedures for the change of the company's legal representative.
In the Bao Shan industrial zone, the legal representative of the small factory that was originally used to charge high-efficiency batteries was replaced by his father, Chen Gang, who had temporarily been the chairman of the board for a few months.
His dad was demoted to a technical consultant, and his shareholding was reduced to 0%.
Chen Jin held 100% of the company's shares … although the company's assets were currently 0.
Chen Gang was not interested in this kind of trick. He didn't know what Chen Jin was up to, so he quickly signed the contract and left the Bureau of Industry and Commerce. He wouldn't interfere with his son's business in the future. After all, he had his own job to do.
"The failure rate of starting a business is very high, and you said you'd make a billion a year. I think it's fine as long as you don't lose all your capital!"
In fact, Chen Gang didn't particularly approve of his son starting a business. In the past, he had a few colleagues with good technical skills who quit their jobs to start their own businesses. In the end, most of them failed. Some of them even committed suicide by jumping off a building because of their debt.
Of course, there were successful entrepreneurs, but they were few and far between.
Those who stayed in a state-owned company had a more stable life. It was hard to be rich, but it was easy to be content with a little bit of wealth. It wouldn't be like a roller coaster ride.
Moreover, he was already over 50 years old. He no longer had the lofty ambitions of his youth. He was already leaning towards the conservative and safe side of many big decisions.
However, he didn't oppose Chen Jin starting a business. After all, his son was only 24 years old. He was young and full of vigor. There were plenty of opportunities for trial and error. As long as it wasn't too big of a deal, there was no harm in letting him go for a few years.
The director of the Bureau of Industry and Commerce, Dong Lei, who was in charge of receiving Chen Jin, was even more surprised.
His jewelry shop had only been open for a few days, and he had already started a company. Moreover, it was registered as a "high-tech R&D" company. He was planning to do something in the high-tech field.
In the process of completing the procedures, she couldn't help but ask a few questions.
"Little Chen, didn't you just open your jewelry shop? Why did you start a new company? Will you be able to handle so many units? "
Chen Jin explained, "The jewelry shop is just a side business. Store Manager Qiu and the others will take care of it. This company is my main business. It will become my most important career in the future!"
"Oh ~"
Dong Lei nodded and immediately understood. She also realized that the young man in front of her was very smart. In the physical industry, jewelry stores were doing better, but entrepreneurship was a gamble, a high-risk gamble.
She had seen the statistics report from the Bureau of Industry and Commerce, and there were a few figures that surprised her. The failure rate of entrepreneurs in the high-tech/internet industry was over 80%, and the average lifespan of a high-tech/internet company was less than 18 months.
Even large companies with a market value of tens of billions or even hundreds of billions would face delisting, bankruptcy, or being acquired by a third party within a short period of two to three years if they were not competitive.
Under such a huge risk, the young man in front of him was obviously prepared for both sides. If the business was successful, he would make the new company bigger and stronger and keep moving forward. If the business failed, he could still rely on the jewelry store as an escape route. He would have a backup plan so that he wouldn't be completely wiped out.
"Little Chen, why did you want to enter the high-tech field? The threshold for this field is not low, the investment is huge, the research and development cycle is long, and the market competition is fierce. Do you have confidence in yourself? "
Dong Lei asked with a concerned expression. Although the young man in front of her wasn't anyone to her, she didn't know why she was so concerned about him, even more so than ordinary entrepreneurs.
She was more worried that his business would fail.
"Aunt Dong, don't worry, I will definitely succeed!"
Chen Jin's face was full of confidence, as if he had a card up his sleeve.
Of course, this wasn't blind confidence, but he had given his own reasons.
"I majored in mechanical design in university, and I graduated from a proper professional course! I'm very familiar and knowledgeable about the industry I'm about to enter.
In addition, the product I plan to develop is a small robot, about the size of a rice cooker. It's not a big piece, and the cost of development is not high. I can definitely produce a product with an investment of 20 to 30 million.
Moreover, my dad works at Shang Fei Corporation, and he knows a lot of big shots. If you encounter any technical problems, you can consult my dad, and he should be able to solve it quickly! "
Professional Course + Small Investment + Strong Technical Support
With these three advantages, it was like growing three pairs of wings. It would be hard not to fly to the sky!
Therefore, failure was impossible.
Dong Lei nodded repeatedly, and there was more appreciation in her eyes as she looked at him.
Steady.
Very steady.
Although this young man still underestimated the unknown difficulties, and had a trace of blind optimism.
But compared to the young entrepreneurs she had met, who were so overconfident that they were hot-headed, arrogant, and supercilious, thinking that they could surpass Bill Gates with just an idea, the young man in front of her was the one who was more down-to-earth.
Moreover, she had worked in the Industry and Commerce Bureau for decades, and had dealt with countless entrepreneurs. She had long developed a pair of discerning eyes. She could almost tell which entrepreneurs would succeed, and which would fail, just by looking at their performance!
Her accuracy in guessing the outcome was over 95%!
After Chen Jin listed out his three advantages, Dong Lei roughly estimated that the probability of his business not failing … was about 50%.
That's right.
She could only give a probability of "not failing." Success was too difficult, and there were too many prerequisites. Even if Chen Jin developed the robot and launched it into the market, she could not guarantee that it would be successful.
Because a product was a product, and the market was a market! They were two completely different fields.
"Little Chen, do a good job, I believe you can succeed! If you encounter any difficulties, look for your Aunt Dong! If I can help you in terms of funds, I will definitely help you! "
Dong Lei encouraged him, and even said that she could help solve his financial problems. She had never said such words to any other entrepreneur except for the young man in front of her.
"No need, I have enough funds on hand. Aunt Dong, thank you for your care. I said that I would treat you to a meal last time, but you didn't go. When my company succeeds, you can't refuse to go anymore. I haven't even thanked you properly."
Chen Jin said with a sincere look on his face as he put away the completed contract.
"Okay, I will definitely go when you succeed!"
Dong Lei said with a smile, watching his back as he walked out of the door.
…
At night.
In his own bedroom.
Chen Jin held the contract in his hand, and a smile appeared on his face as he looked at the bold words on the title page.
Ao You Xing Hai Technologies Limited!
Abbreviated as "Xing Hai Technologies."
This was the name of the high-tech company he had founded.
Actually, when he was registering the company, he wanted to name it "Xing Hai Technologies," but it had already been registered.
Xing Chen Hai Technologies, Conquering Star Sky Technologies, Vast Xing Hai Technologies … all these names had been registered!
Only Ao You Xing Hai Technologies was successfully registered by Chen Jin due to the fact that no one had used it for a long period of time.
"When my company grows bigger in the future, I'll acquire that company called 'Xing Hai Technologies' and take back the name that belongs to my company!"
Now, the company name "Ao You Xing Hai Technologies" could only be used for a period of time.
He put down the contract in his hand.
In the bathroom, Wawa was holding a rotating brush and vigorously scrubbing the bottom of the toilet bowl. The porcelain toilet bowl had been scrubbed until it was as white as a beautiful woman's body.
He waved at it and said, "Wawa, put down the brush in your hand and come to me."
"Ka ka ka ~"
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