Li Qinghe could only take it and start reading it helplessly.
He was surprised when he saw it. "This is a good revenue. It seems that the product is very popular."
In just three months, washing machines have been put on the market, and color TVs have also been produced in small batches and put on the market. Once the production line is confirmed to have no problems, we can increase our production capacity.
The company already has more than 5 million US dollars in its account. After deducting various costs, the net income is nearly 2 million.
This situation has surpassed most of the companies in Hong Kong. If the production capacity is increased, the profits will definitely be higher.
"This is not enough. I'm so worried." Father Lou had no confidence at all. Instead, he looked worried.
It seems like you earn a lot, but competition has already arisen.
Some foreign companies have also developed color tubes, and after a while, other brands of color TVs will be produced.
Needless to say, washing machines are originally improved upon products on the market. When people saw them, they naturally made some modifications and put them into production.
Most of the company's profits are invested in research and development, such as computer and mobile communication technology.
It's a money-eating beast, no matter how much you throw in it, it's never too much.
Two million beautiful coins, just a few sounds would be heard when thrown in. If Li Qinghe hadn't given the direction last time, it would probably still be stuck now.
He just didn't understand why they had to do research and development when they had so much money.
Nowadays, those engaged in trade and real estate in the port city are making a lot of money with much smaller investments.
It’s not that he looks down on technological research, but it won’t bring any short-term returns, requires a large investment, and could easily drag him down.
"You are also aware of the company's situation. Tell us what to do." Father Lou patted the report and spread his hands.
Li Qinghe was not worried at all, and said with a smile: "Uncle, although it is difficult now, as long as we succeed, everything will be fine."
Now is the most difficult period, because there is no reference and we have to cross the river by feeling the stones, and it has to be kept secret. The country is weak now, and Hong Kong is still dominated by white people, so there is no way to bring out these technologies.
However, as long as you can come up with rare technology, you can make money without doing anything.
In the past, those foreign companies made huge amounts of money every year from patent fees, and the country had to give them its limited foreign exchange every year. Even if it was aggrieved, it had to endure it.
"But if things continue like this, we won't even be able to pay our employees' salaries," said Father Lou with a bitter face.
Li Qinghe handed over a cigarette and said, "I brought hundreds of thousands of dollars with me. This money can last for a while. When I come back, I will bring some more with me. This should be enough for the time being."
According to the exchange rate, he brought nearly 800,000 yuan, which should be able to be exchanged for 3 million Hong Kong city currencies.
"Oh, I didn't expect that a laboratory would cost so much money." Father Lou sighed while smoking a cigarette.
Now the company is not just developing a single product, but Li Qinghe wants to be involved in any technology that will be important in future generations.
Every time a new technology is developed now, there will be one less shackle on the country's neck in the future, and it can also put shackles on other countries in turn. At that time, it will have the capital to resist instead of being easily controlled.
But the reality does not allow it, for one reason: we can’t afford it.
In the end, he could only choose a few relatively important ones to invest in research and development, which, if successful, would bring huge profits.
There is no other way. Only by making money first can you have the confidence to research other technologies.
Suddenly, Li Qinghe thought of something and said excitedly: "Uncle, our company's technology has been patented, right?"
"Of course, both Hong Kong and international ones are registered." Father Lou nodded.
It is not easy to register a patent these days. It is easy for Hong Kong, but if you register it internationally, others may snatch it away because they think your product is good, or it may be blocked and not approved. You should speed up research and development on your own and then be the first to successfully register.
This time, I registered the color tube technology by taking advantage of the time difference, and registered it before anyone paid attention to it.
"That's good. Are there some companies that also want to produce color TVs now?" Li Qinghe asked.
Father Lou was startled by his excitement and looked confused. "They have started production. Why are you so happy? This means we have one more competitor."
"Of course we are happy. Now that we have registered the patent, the technology belongs to us. If they dare to produce it, it will be an infringement. We will sue them!" Li Qinghe grinned.
Father Lou looked strange. "You don't think they will stop production if we sue them? You are wrong. Not only will they not stop production, they will also sue us and drag it out. It is normal for a lawsuit like this to drag on for three to five years. It is totally a thankless task. Who knows, something unexpected might happen. They are all their people over there."
Although there was patent protection these days, it was not as strict as it is today.
It can even be said that at this time, the whole world is copying each other, and patents are almost like decorations. In the market, it is common to see companies copying others and then forcing their R&D companies into bankruptcy and being acquired.
Even if you win the lawsuit, the money you spend may be more than the compensation, so why bother?
Over time, each company has tried to protect its technology from being leaked, rather than relying on patents.
Li Qinghe was of course aware of this situation, and his intention was not to sue, and he did not even consider that small amount of compensation worth taking.
"Uncle, what do you think of our company's reputation?"
Father Lou scratched his head and said helplessly: "Not very high, it's still a little famous in Hong Kong, but outside, it's shit."
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