For tech companies, especially monopolistic ones, fines are simply a way to pass on costs to consumers.
When making internal budgets, we always anticipate fines in advance.
What I fear most is market blockade, which completely prevents you from entering the market.
They want to nurture their own businesses.
This is unacceptable for monopolistic enterprises.
Li Miaomiao: "The business department of the Europa League has contacted us, hoping that Kechuang Bio will increase its investment in the Europa League."
"Because our current investments in Europe are mainly in England, and very few investments in other parts of Europe."
Li Shuyao: "This is your internal strategic plan. Why should the Europa League interfere?"
"The languages in the Europa League are not unified. But this market is very important for console games."
"It's a dilemma, but if the Europa League bans brain-computer interface VR from entering its market, it's not just you who should be worried; Tencent will be even more anxious."
"I heard from my colleagues that Tencent internally views VR as a new strategic direction."
"I'd like to ask if the Science and Technology Innovation Board will go public in the future? Some leaders at CICC have already inquired about it. If it does go public, CICC can help you with the underwriting and distribution."
CICC's senior management is fully aware of the relationships behind each individual.
Li Shuyao's greatest value is not her academic qualifications or her looks, but that she is Li Miaomiao's older sister and has access to firsthand information about Kechuang Biotechnology.
Therefore, being able to join CICC is both a blessing and a curse for Li Shuyao.
However, Li Shuyao thought this was a minor matter and wouldn't affect her mindset.
Honestly, if you can't even handle this much pressure, then there's no point in working in the financial industry.
Backed by Kechuang Biotechnology, another benefit is that she only needs to do her job well and inquire about information when appropriate.
After a moment's thought, Li Miaomiao said, "If we want to design VR chips, we might need to raise funds."
"But I have spoken with executives from Tencent and Dami about this, and they all said they are not in a hurry to go public."
"If the science and technology innovation industry does not have enough working capital in the future, everyone can inject capital proportionally."
"Therefore, we have not reached a consensus internally on whether or not to go public."
The future of science and technology innovation still relies on imports for brain-computer interface (BCI) VR chips. The only technologies it can domestically produce are BCI chips and AI computing chips.
Li Shuyao: "If we want to develop our own chips, the investment is huge, and there is no guarantee that we will be able to produce results."
"Back then, it took many years for Huawei to nurture HiSilicon before it finally bore fruit. The earliest HiSilicon chips were used in OEM machines."
"Making this decision was not easy, but moving from the downstream of the industry chain to the upstream is also a breakthrough route."
“Science and Technology Innovation Biotechnology’s annual profits can support a chip design team, and you can even cooperate with SMIC.”
"SMIC's 7nm chip is said to be ready for tape-out next year."
Li Miaomiao: "It is said, or rather, I have only heard that the biological storage server technology that Huawei is developing was obtained from Merlin."
Li Shuyao was shocked: "Where did you get this information? I've never heard of it, and wasn't biological storage technology developed by Deep Blue Storage?"
“We visited DeepBlue Storage and found that all of their R&D personnel were directly transferred from the Chinese Academy of Sciences.”
"Sugon, Inspur, and Unisplendour are all going to make their own biological storage servers. It is said that they are all waiting for DeepBlue Storage to release its production capacity."
"But if the biological storage technology was provided by Merlin, does that mean our country has reached some kind of cooperative relationship with Merlin?"
"No wonder domestic semiconductor stocks have been falling non-stop lately. I'm going to liquidate all my semiconductor ETF holdings!" Li Shuyao suddenly realized.
CICC employees are not allowed to buy or sell stocks on the A-share market, but they can buy ETFs.
Li Miaomiao sighed: "This is just a rumor in the market, and it has not been officially confirmed."
"But a very important point is that if Merlin provided biological storage technology, then he most likely also had biological computer technology."
"When the biological computer is launched, it will be a game-changer for the semiconductor industry."
"Investing in chip design now carries too much unknown risk."
Li Shuyao analyzed: "Even with bio-computer technology, it will take time to replace silicon-based computer technology."
"It's definitely not going to happen suddenly one day and be completely replaced by biological computers. In the process of gradual replacement, silicon-based computers and biological computers will reach a certain balance."
"I think it's worth investing in. Industrial integration is a major trend, and it's better to do it sooner rather than later."
"Conduct risk control calculations before investing."
Li Miaomiao sighed, "The pressure is immense. It feels like there's nothing else to do all day but work."
"There is gradually no new business in my work now. If I want to do new business, I need to consider many factors. I am very afraid that the new business will fail."
"I'm afraid of making a mistake and getting seriously injured."
Li Shuyao shouted, "You're going a bit Versailles. With the current size of Kechuang Bio and the technological barriers you've built, you can afford to make strategic mistakes more than twice."
“You are a technology monopoly company, unlike Tencent which relies on the moat built by the number of users.”
"The company you should be comparing it to historically is IBM. IBM missed the personal PC wave and the mobile internet wave back then, but it's still doing quite well now, isn't it?"
IBM, the blue giant, has a history of over 100 years and was still ranked among the top 50 of the Fortune Global 500 in 2024.
"You should learn from IBM and encourage internal patent innovation and applications. Having more patents will always come in handy."
Li Miaomiao: "If Kechuang Bio can survive this long, I will be very satisfied."
"Investing in internal R&D requires money and manpower, and the ability to support them."
"Currently, the main sources of profit for Kechuang Bio are the patent licensing for brain-computer interface mobile phones and the patent licensing for endorphins."
"We'll have to see how effective this brain-computer interface VR is."
......
Bilibili has had a tough few years, with its stock price plummeting from its peak and even considering relisting in Hong Kong instead of Nasdaq.
Secondly, the introduction of intro ads was boycotted by users, and the number of paying premium members has been declining year after year.
Even after removing the intro ads, it didn't salvage the user reputation.
I'm fine with getting it for free, but forget about me spending money.
The decline in the income of content creators has led to a drop in video quality.
The strategic transformation failed because it lacked direction; calling it a failure is not an exaggeration.
As a leading content and entertainment platform in China, Bilibili naturally obtained a brain-computer interface VR sample for the future of science and technology.
After using it, they had new ideas.
"Brain-computer interface VR can become an important part of our future."
We can make VR videos and VR live streams.
"There are VR videos on Bilibili, but the problem is they're not popular and haven't become mainstream. How can you be so sure that brain-computer interface VR will definitely be a hit?"
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