The annual licensing fee is US$100,000, and the profit can be recovered immediately after two years of licensing.
Not to mention, this is not an exclusive license.
After selling the license to Hitachi, he can also sell it to companies such as Panasonic, Mitsubishi, Sony, etc.
There are even kitchen appliance companies in the United States and Europe that are selling it one by one. The pressure cooker patent is simply the goose that lays golden eggs. It is conservatively estimated that it can bring him at least millions of dollars in patent licensing fees.
Although it is a pity now, the patent for the pressure cooker is being closely monitored by the Chinese government, and Lin Huowang has no way of reselling it to him privately.
However, as the saying goes, "A blessing in disguise", Lin Huowang came up with a patent for the invention of an electric rice cooker that attracted him more and brought him greater profits.
Compared with pressure cookers, rice cookers are more expensive, more widely used, and naturally contain higher profits.
If he could really get the rice cooker patent from Lin Huowang, Jiro Oda would not have to worry about his life. He could even become a multi-millionaire immediately if he just sold it.
How could the cunning Jiro Oda buy such a good thing in the name of the company?
Of course I bought it privately and then carried out various commercial operations later!
Therefore, once the greed in Oda Jiro's heart was aroused by Lin Huowang, his vigilance immediately dropped.
This is also why so many people in China in later generations were defrauded of large amounts of money by extremely low-level scam calls.
One reason is fear. Scammers use too many tricks and identities of public security, procuratorial and judicial organs, causing the victims to lose their normal and reasonable judgment out of fear.
Another is to take advantage of people's greed. Once people feel that there is profit to be made, they will often ignore the risks and even make up many excuses.
"Five hundred thousand dollars, this price is still reasonable."
Nodding, Lin Huowang showed a satisfied smile.
Oda Jiro finally breathed a sigh of relief, then looked around and asked anxiously, "Then, Lin Huowang-kun, when will you give me this plan?
Moreover, I have to verify that your plan is initially effective before I can give you the money.
This is what you Chinese people say, money comes before goods.
Also, have you applied for a patent for this rice cooker solution? "
"Oda-kun is indeed an expert on China. He speaks Chinese well and even knows the proverb "pay with one hand and receive with the other".
I have not applied for a patent for this rice cooker design.
How about this! Mr. Oda, you can wait in the State Guesthouse in Spring City first.
I will first collect a deposit of one hundred thousand U.S. dollars from you, and then in two days, I will perfect the plan and hand it over to you.
You can call experts in Japan to verify whether my plan is feasible.
Once it's feasible, give me the remaining $100,000 check.
Afterwards, you can apply for a patent yourself with this plan..."
Lin Huowang told Oda Jiro the plan he had prepared in his mind long ago.
"Okay! It's settled then. Happy cooperation."
These words hit the nail on the head for Jiro Oda. After comprehensive consideration, he did not find any traps or risks here.
So, he generously took out a check for one hundred thousand U.S. dollars, handed it to Lin Huowang, and gave him a passionate hug.
"It's a pleasure working with you, Oda-kun."
Lin Huowang took the money with a smile, and then immediately noticed that everyone's eyes were looking at him.
Not only is there County Mayor Xiong who has been paying close attention, but also those officials from the Provincial Investment Promotion Office.
Especially the officer with the flat head, his eyes were sharp and even revealed a hint of worry.
But he didn't rush forward, as if he was restraining something.
Keep a certain distance from Lin Huowang, but at a safe distance so that you can react at any time.
"Haha! Mr. Lin Huowang, the biggest gain of my trip to China is making a genius friend like you."
Jiro Oda got what he wanted and his mood instantly became very good.
There was nothing more to inspect next, so Jiro Oda left the Linjiagou Production Brigade very satisfied.
However, Jiro Oda left first, but County Mayor Xiong and the ordinary-headed official from the Investment Promotion Office did not leave.
It was other cadres from the Investment Promotion Office who accompanied Jiro Oda back to the provincial capital.
…
"Awang! Awang... come here, I have something to tell you."
It was not until the car drove away that County Magistrate Xiong could no longer hold back and hurriedly pulled Lin Huowang over.
The flat-headed cadre was also there, and County Magistrate Xiong did not hesitate to ask directly: "Awang! What were you talking about with Oda Jiro just now?
I saw that he gave you something that looked like a check.
Is this an attempt to bribe you, or what?
Ah Wang! Although I just told you to maintain Sino-Japanese friendship and not to have any prejudice against Japanese investors.
However, in essence, these Japanese are not of our race and their hearts must be different.
Maybe this Jiro Oda is the Japanese spy who came here with a mission.
Awang, you are still young. The water here is deep and you can’t control it.
You must not make any mistakes!"
It can be said that County Magistrate Xiong is an elder who has watched Lin Huowang grow up step by step.
His appreciation for Lin Huowang came from the bottom of his heart, and he had long cared for Lin Huowang as if he were his own nephew.
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