The old man gave a thumbs up and said, "You're really shrewd, kid."
Shen Dong said, "If things go well, I might even be able to buy back bombers, destroyers, and submarines."
The old man said solemnly, "Young Shen, these military equipment are national treasures. As long as it doesn't exceed fifty percent of the market price, you can buy as much as you want. Even if we have to exchange land for it, we guarantee you won't lose out."
Shen Dong said, "I've remembered your words. Don't worry, I will definitely not raise the price. At most, I'll ask you to reimburse my travel expenses, living expenses, and the cost of bribing those high-ranking officers in the Northern Soviet Union."
The old man laughed heartily and said, "You're really honest. Little Shen, I heard you're in secret negotiations with more than ten technology companies in Japan. It seems you're planning to enter the technology industry, is that right?"
Shen Dong said, "The technology industry covers too much scope. I only plan to work on four areas: communications, semiconductors, networks, and electronics."
The old man said, "These four parts basically represent the future of technology. You have a keen eye. After acquiring these technology companies, where do you plan to set up your headquarters?"
Shen Dong said, "Of course, it's the inland. I don't trust the Japanese. After the acquisition is successful, I will move all their researchers, research equipment, patented technologies and production lines to Shenzhen or other cities."
The old man smiled broadly and said, "Xia Country has never lacked scientific research talent; what it lacks most is funding. If you want to conduct research and development, you can ask the scientists at the Xia Country Academy of Sciences for help. I have only one request: the patented technology must remain in Xia Country."
Shen Dong nodded and said, "No problem. A great mind is like a vast ocean that embraces all rivers. Not only scientists from China, but scientists from all over the world are within my recruitment scope. As long as they are willing to come, the salary will definitely be the highest in the world."
The old man asked, "How much money do you plan to invest in research and development each year?"
Shen Dong said, "The annual investment will not be less than HK$30 billion. If we achieve results, it is not impossible for the R&D funding to exceed US$10 billion."
Upon hearing Shen Dong's words, Liu Hui, who was standing next to him, was shocked.
Investing HK$30 billion in R&D every year is simply beyond Liu Hui's imagination.
Even the entire Xia Kingdom only invests a few billion Xia Yuan in scientific and technological research and development.
At that moment, Liu Hui felt a deep admiration for the young man's vision and spirit.
The old man was equally shocked and said, "Xiao Shen, are you sure you're not joking?"
Shen Dong laughed and said, "Of course not. In the future, I will only keep 20% of the profits from Tengfei Technology Company. The other 80% of the profits will be used for the company's research and development and operations. Hehe, why is the United States able to lead the world in technology? It's because it's willing to invest money. Old man, I have a favor to ask of you."
The old man asked, "What is it?"
Shen Dong said, "Please help me compile a personnel list, targeting the experts and talents in the Northern Soviet Union. I need to contact them in advance. If the Northern Soviet Union collapses, I will bring them to work at the future Tengfei Technology Company. With these people joining, it will be difficult for Tengfei Technology Company not to succeed."
The old man pondered for a moment, then asked, "Can the government invest in this?"
Upon hearing this, Shen Dong couldn't help but secretly admire him.
The old man truly deserves to be called the leader of Xia Kingdom's economic development; he saw the potential of Tengfei Technology Company at a glance.
The reason for investing is simply to keep Tengfei Technology Company permanently in Xia Country.
Shen Dong said, "Grandpa, now is not the time. Let's talk about investing after Xia Guo's economy and Tengfei Technology Company have grown to a certain stage."
The old man stared intently at Shen Dong and said, "Are you worried that we'll take over our place?"
Shen Dong laughed and said, "It's not that the government has taken over the nest, but that it can't come up with that much money. Even a starved camel is bigger than a horse. The total market value of the Japanese technology companies I acquired is about 10 billion US dollars."
“Once these companies move inland, they are unlikely to achieve any results in the short term. To be honest, I am prepared to invest 25 billion US dollars over five years. All profits generated during this period will be invested in research and development.”
"In other words, if the government wants to acquire a 15% stake in Ascendas Technology, it will have to come up with at least $3.5 billion over five years. A 20% stake would be $7 billion."
"Old man, given the current state of Xia Kingdom, I'm afraid it will be difficult for them to hold on."
The old man was silent for a while, then shook his head and said with a wry smile, "It's true that even a hero can be brought down by a penny."
Shen Dong said, "I know what you're worried about. You can rest assured that no matter how much Tengfei Technology Company develops in the future, it will always be a Chinese company. I'm confident that in five years, Tengfei Technology Company will be able to pay no less than two billion US dollars in taxes to the government every year."
The old man nodded and said, "I will personally call the local government to protect and support your Tengfei Technology Company. I hope that in my lifetime I can see the day when Tengfei Technology leads the world trend."
Shen Dong smiled and said, "I guarantee you will see it. Oh, and there's one more thing. I thought I'd ask you for a favor."
The old man was taken aback and asked, "What is it?"
Shen Dong said, "You know that I set up a Tengfei Charity Foundation in Yandu, which invests 200 million yuan every year in the education of Xia Kingdom."
The old man's expression darkened, and he said in a deep voice, "Have government officials embezzled these donations?"
Shen Dong quickly replied, "There was indeed a small incident, but it has already been dealt with."
The old man turned to look at Liu Hui, who quickly recounted what had happened at the Tengfei Charity Foundation.
"Why didn't you report to me?" the old man said sternly.
Liu Hui forced a smile and said, "We don't think this is a small matter that you need to worry about."
"Nonsense."
The old man said, "The establishment of the Tengfei Charity Foundation has caused a strong reaction both at home and abroad. With 200 million yuan in donations every year, countless eyes are watching. If a scandal breaks out, China's charitable cause will suffer a heavy blow. Not to mention anything else, just consider the overseas Chinese community; who among them will dare to donate to China in the future?"
Liu Hui nodded and said, "You're right."
The old man glared at him fiercely, then turned to Shen Dong and asked, "Xiao Shen, I promise this won't happen again. If there's anything you want me to do, just say the word."
Shen Dong first gave Liu Hui an apologetic look, then said to the old man, "I would like to invite you to be the honorary president of the Tengfei Charity Foundation."
"What?"
Before the old man could speak, Liu Hui couldn't help but exclaim in surprise.
Shen Dong is incredibly audacious.
If we appoint the old man as the honorary chairman of the Tengfei Charitable Foundation, then the Tengfei Group will be able to do whatever it wants in China.
Continue read on readnovelmtl.com
