Chapter 348 Acquisition



"I have some news to share in advance: we have finalized the acquisition agreement with Kechuang Biotechnology. Soon, they will send a vice president to oversee finance and human resources. We will need to relocate to Suzhou afterward."

Only a small number of people will remain in Guangzhou.

Those with families in Guangzhou will be given priority to stay; other young people will be considered on a case-by-case basis unless they have compelling reasons to stay.

Everyone should be mentally prepared.

Being merged into the Sci-Tech Biotechnology system is an opportunity for everyone.

One of the biggest reasons we haven't been able to scale up before was the lack of traffic.

Relying on word-of-mouth marketing from players has a clear upper limit.

Moreover, we need to pay a large amount of money for using other people's channels.

Putting everything else aside, after being acquired by Kechuang Biotechnology, at least the science and technology tax will no longer need to be paid.

The built-in store on FutureOS will also give us preferential access to traffic.

For everyone here, there is an opportunity to circulate within the science and technology innovation system.

For example, you could work as a developer at Kechuang Future, or as a product manager at the system level.

This is also good news for everyone, as it will bring many more opportunities.

Therefore, being acquired by Kechuang Bio is a significant positive development, although there will certainly be an initial adjustment period.

After Chen Ran finished speaking, he returned to his office.

Red Fox Studio has now been renamed Red Fox Entertainment.

Riding on the success of "Breaking the Law" and subsequent VR games, Red Fox Entertainment has naturally entered the path of film and television development and IP integration.

In other words, it's about creating an IP universe around the Cthulhu theme from the Ming Dynasty.

"The Wings of the Law Breaker" is the first work in this series, mainly revolving around the Wangfujing explosion case at the end of the Tianqi era.

This is clearly not the only event in the late Ming Dynasty that could be developed into a fantasy based on real history.

Moreover, the timeline can not only move forward, but also backward.

With its near-perfect graphics, unique world view, well-designed gameplay, and thought-provoking, chilling storyline, it's a game that stands out from the crowd.

Red Fox has been making waves in the gaming industry in recent years, and its game movies have also achieved considerable box office success.

It's definitely one of the best among video game adaptations.

Therefore, Red Fox Entertainment enjoys a high valuation in the investment community and is hailed as the second-largest unicorn in the gaming industry.

The number one spot naturally belongs to miHoYo.

It's not unusual for game developers to create game series; it's a tradition that dates back to the era of single-player games.

Famous foreign works have been adapted into sequels one after another.

Previously, this was called a game series; now, we're calling it building an IP universe.

The words have changed, but the meaning remains the same.

Just like before the trailer for the innovative biotechnology was released, everyone from the industry to the general public was talking about the metaverse.

Now the true metaverse has arrived, and people have stopped talking about the metaverse and started talking about virtual reality.

In China, it's called Virtual Reality, while abroad, the new product that Kechuang Bio is about to launch is called RealVirtualWorld.

People need new vocabulary to package old concepts, but once a concept is implemented, updated vocabulary is needed.

The Fairy Tree Romance

Concepts are trends. In an era where the pace of technological iteration is slowing down, companies need new vocabulary and new concepts to package a pile of shit and feed it to investors.

Capital also needs new concepts, to be repackaged and used to lure retail investors into buying.

Whether it can be made or not is another matter, but the chives need to be harvested first.

Savvy investors can easily spot this as a scam, and even gullible investors can see it's a scam.

The brilliance lies in the fact that everyone knows it's a scam, yet they all feel they won't be the ones getting fleeced, and can successfully drive up the price and sell to the next buyer.

Once the metaverse is no longer a scam and truly becomes a reality, it won't cause much of a stir. We'll have to honestly see which companies have the technology, the market, the revenue, and the profit.

While Chen Ran was still in the office area, no one dared to discuss things loudly. But after Chen Ran left, the employees of Red Fox Entertainment immediately became noisy.

"The company is actually going to be acquired by Kechuang Bio?"

I recall that Kechuang Bio has never acquired or invested in any companies. Mr. Ran is truly impressive!

"Yes, for many years, the sluggishness of science and technology innovation companies in the financial market has been criticized by the outside world."

I read online that if Kechuang Bio had invested in some good companies in the upstream and downstream of the VR industry chain in the early stages of its development, its market value could have been 30% higher than it is now.

At that time, since Kechuang Bio was the only company making brain-computer interface VR, upstream suppliers all had to be mindful of Kechuang Bio's position.

They can invest in whichever company they want, if they so choose.

Companies like Dami and Tencent have invested heavily, but only one supply chain company, Kechuang Bio, hasn't received any investment.

"When did you say that Mr. Ran started talking to Kechuang Bio? How come there was no word of it at all?"

In the early days of Red Fox, when the gameplay demo trailer for "Wings of the Law" was released, there were frequent reports of external investment institutions or companies wanting to invest in Red Fox.

Rumors have circulated that companies like Tencent, NetEase, Perfect World, and ByteDance are planning to acquire Red Fox Studio.

In the early days, whenever there were rumors, everyone would discuss them in small groups, imagining what more resources they would gain after being acquired by a big company.

Each similar rumor eventually fizzled out.

As everyone later learned, Chen Ran completely resisted external investment and rejected all investment intentions.

This chapter is not finished yet. Please click on the next page to continue reading the exciting content!

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