It doesn't look like a helmet.
I'm really looking forward to seeing what the virtual reality equipment from Kechuang Bio will be like to use.
I hope to experience it soon.
Because some employees of Kechuang Bio referred to Li Miaomiao as "General Manager Miaomiao" on social media, netizens later got used to calling her that as well.
While all Chinese concept stocks listed in Hong Kong were falling, the decline in rice and Tencent was not as dramatic.
This is also because investors believe that rice and Tencent might have the opportunity to get involved in the supply chain of virtual reality equipment for Sci-Tech Biotechnology.
Therefore, the sell-off was not as drastic as the sell-off of other Chinese concept stocks.
On that day, all the senior executives and middle managers of the rice system gathered at the headquarters building of Yanjing Rice.
Lei Jun's face was serious, and the executives present felt a chill; they had never seen Lei Jun so serious before.
Lei Jun is usually serious when there are few people around, but he becomes very approachable when there are many people.
Lei Jun rarely takes his time this seriously, even when it's like a general meeting for rice irrigation workers.
The last time was in 2018 when we faced enormous challenges, more than a decade ago.
"Rice is at a critical juncture of life and death. We need to transform and truly face the situation of survival."
This is not an exaggeration, but a real problem we are facing right now.
The virtual reality world depicted in movies and TV shows is coming in just nine months. In those nine months, we must at least find a way to maintain the volume of rice production.
If we cannot maintain this size, how can we streamline the workforce?
At this critical juncture, layoffs should be made where necessary. Even for those of you here today, I cannot guarantee that layoffs will not happen to you.
We need to instill this chill in everyone within the company.
After concluding the negotiations, Lei Jun stayed at a health resort specially prepared for him in China for about a month.
Lei Jun was extremely anxious every day in Beidaihe, wishing he could return as soon as possible to take charge of the work.
Virtual reality is also a fatal blow to rice.
It's important to understand that rice's very foundation is the mobile phone. In the virtual reality world, do people really still need mobile phones in the traditional sense?
Although the outcome of the negotiations was that communication between virtual reality devices was limited to the Suzhou area.
Rice-based mobile phones can survive on administrative orders, but how long can they survive? When will China change its mind?
Will other countries follow China's lead and not allow virtual reality devices to connect to the internet?
It's important to know that the revenue from overseas markets for rice is roughly equal to that from the domestic market.
Thanks to its good relationship with Kechuang Biotechnology, the rice has even gained a foothold in the high-end market overseas.
If overseas countries allow the installation of virtual reality devices and associated bio-communication systems, then rice will face the prospect of losing half of its market share.
Whether domestic regulations will be relaxed or whether virtual reality devices will be widely promoted abroad remains to be seen.
Lei Jun understands very well that you can't run a business by gambling.
The impact of virtual reality devices on them is inevitable; it's just a matter of time.
He who does not plan for the long term is not fit to plan for the short term.
The virtual reality device that Zheng Li had given him was placed in front of Lei Jun.
---Aside---
The neighborhood was locked down today, and there's been a long line of people waiting downstairs for nucleic acid tests.
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