A new week began, and the Hong Kong Stock Market steadily rose due to the efforts of the bulls.
"You're too reckless." Ji Jiasheng felt he couldn't keep up with He Zhengcheng's pace after hearing his words.
"Let's not even talk about how long it will take for your research to come out. Even if you successfully register a patent, how many USB ports are there on current computers? You need to change the entire computer industry to achieve large-scale promotion." Ji Jiasheng said.
"You're overthinking it. The advanced nature of the USB interface is beyond doubt, and it's jointly promoted by top industry players like Intel. My product can accelerate the popularization of USB interfaces, making it easy to gain their support.
If a product like a USB flash drive emerges, it's not just about replacing floppy disks. It can greatly enhance data security, and flash memory capacity increases every year. In a few years, 1GB USB flash drives will appear. We won't even need to carry laptops everywhere; a USB flash drive can meet most mobile office needs." He Zhengcheng said.
"I'm not saying it has no market, but this market needs time to cultivate. Are you planning to give up your current job?" Ji Jiasheng asked.
"..."
"I haven't thought it through yet. These days, I've realized I overestimated myself. I have so much to learn, but also so many uncontrollable ideas popping into my head, making me want to realize them one by one." He Zhengcheng said.
"So, you just want to develop a USB flash drive now?" Xu Xin asked.
"No, this is just the beginning. If the USB flash drive succeeds and can make money, I will reinvest that money into the next round of research. My ultimate vision is to establish a world-leading fabless chip design company in Hong Kong, thereby promoting the development of high-tech industries in Hong Kong!"
"Cyberport Project?" Yu Dehui interjected.
The so-called Cyberport Project was the Hong Kong Government's plan to transform Hong Kong, which was primarily based on processing and trade, into a Hong Kong that relies on technology to provide high value-added services. The plan was good, complementing the Hong Kong Government's "85,000 Housing Units" scheme, and its core idea was to redevelop and redistribute the benefits of Hong Kong's economic industries.
"Regardless of whether the Hong Kong Government has this plan or not, Hong Kong indeed lacks high-tech enterprises. I believe that third-rate talents don't care about world trends and trends, second-rate talents follow trends, and first-rate talents can create trends. I want to become a first-rate talent." He Zhengcheng said.
"You seem to think this plan won't succeed?" Xu Xin asked.
"You wouldn't have expectations for Little Superman, would you?" He Zhengcheng asked.
"He is, after all, a scion of the Li family!" Ji Jiasheng said.
"So their family will dig its own grave?" He Zhengcheng asked.
"It's not that exaggerated. The Li family will gain even broader space!" Xu Xin said.
"Oh, you believe him too!" He Zhengcheng pouted.
"Can we not talk about this? If we keep talking, we'll be censored!
I hope the USB flash drive can be successfully developed, and then the profits will be used to continue supporting research. If we're lucky, we can become a company similar to Qualcomm. In a high-housing-price area like Hong Kong, only such high-tech, high-profit companies have a chance to survive. I'm just making an attempt; if the losses exceed half of my net worth, then I will likely give up." He Zhengcheng said.
"Since you've made up your mind, I won't try to persuade you anymore. Just let me know if you need any help, and I'll do my best to assist." Ji Jiasheng said.
"It's just about making the contract a bit more rigorous so I don't get ripped off by these researchers. Other than that, there's nothing else. Oh, right, also, can we finalize the first investment deal in Daxia Country?" He Zhengcheng said.
"Finalize it? Do you have a target?" Lv Lang asked.
"That's right. If we're investing in Daxia Country, it's best to find a local expert to guide us. After thinking for a long time, I found a very suitable partner." He Zhengcheng said.
"Who? An individual or a company?" Chao Yang asked.
"A company, or you could say an individual: Lenovo and its founder." He Zhengcheng said.
"Lenovo, Daxia Country's largest PC manufacturing company?" Chao Yang asked.
"Exactly. Their background is the Chinese Academy of Sciences, and Liu Chuanzhi himself is a very mature entrepreneur, arguably the leader of Daxia Country's tech companies. If we visit him before investing in Daxia Country, it might be twice as effective." He Zhengcheng said.
Later, Lenovo's reputation in Daxia Country was tarnished, but its computer products still sold well nationwide, which already indicated that the company's brand had a considerable reputation. Liu Chuanzhi himself was also one of the pioneers of the reform and opening-up. Leaving emotions aside, this company is truly an indispensable and important part of Daxia's tech enterprise's entrepreneurial history.
"How do you plan to contact them?" Xu Xin asked.
"Of course, by becoming a major shareholder of Lenovo, and ideally joining its board of directors." He Zhengcheng said.
"Becoming a major shareholder is easy, but joining Lenovo's board of directors might be a bit difficult." Xu Xin said.
"One step at a time. We're just getting started, and we have plenty of time." He Zhengcheng said.
"Lenovo's market value isn't even 3 billion Hong Kong dollars! Their revenue last year reached 12.5 billion, and they continued to maintain high-speed growth in the first half of this year. Purely from financial indicators, this company is really good, and coupled with it being Daxia Country's largest tech company, I think this is a very good target." Chao Yang said.
"Then let's thoroughly research Lenovo!" Ji Jiasheng said.
"Lenovo, Cheng Zai wants to cooperate with Lenovo to develop the USB flash drive market?" Lv Lang asked.
"I have that idea. At least then I won't have to worry about the sales of USB flash drives in Daxia Country." He Zhengcheng said nonchalantly.
"That's good. If we ultimately choose to invest in Lenovo, we can kill two birds with one stone. The USB flash drive might even be an added bonus for our cooperation with Lenovo." Xu Xin said.
"We'll see then. At the very least, I need to get the patent for the USB flash drive. If another company gets ahead of me, my more than two million will go down the drain." He Zhengcheng said.
"Then it depends on your luck!" Ji Jiasheng said.
"Should we mention the investment in Lenovo at the investor meeting the day after tomorrow?" Yu Dehui asked.
"We haven't made a final decision yet, is it necessary?" Ji Jiasheng asked.
"I've just decided there's no need to overthink it. Lenovo's market value is less than 3 billion Hong Kong dollars. Even if it's 4 billion, assuming we acquire five percent of Lenovo's shares, we'd only need to invest around 200 million. Not to mention the potential returns, just considering Lenovo's own development potential, we have no reason to hesitate." Yu Dehui said.
"If we refer to the valuations of Dell and HP, investing in Lenovo now indeed requires no hesitation. However, even if we want to buy, we might not be able to." Xu Xin said.
"Indeed, last week I wanted to buy more shares of Lenovo, but the daily trading volume was only a few million, so I couldn't buy much on the market at all." He Zhengcheng said.
"Cheng Zai, if we're going to invest in Lenovo, then you'd best not buy any, otherwise you might be investigated by the Independent Commission Against Corruption." Chao Yang said.
"Ah, there's such a rule?" He Zhengcheng asked.
"Suspected insider trading. Cheng Zai, you're not trying to get us to invest just to drive up Lenovo's stock price, are you?" Lv Lang said with a chuckle.
"There's a possibility. Regardless of whether we invest or not, if Lenovo's increase doesn't exceed 300% within two years, I lose." He Zhengcheng said seriously.
"Don't be so serious, it was just a joke." Lv Lang said sheepishly, a bit embarrassed!