Shen Dong personally drove the old man and Liu Hui to Tengfei Communications Company.
The old man said, "It is indeed quite comfortable."
Shen Dong laughed and said, "Tengfei Auto's goal is to surpass those century-old car companies. If the quality is not good, then we're doomed. Hehe, for businesses, service and publicity are secondary; the most crucial thing is quality."
The old man said, "You're right. Xiao Shen, last time I went to Tengfei Technology Company, you confidently declared that you would develop the world's most advanced communication technology. How's it going now? Any progress?"
Shen Dong said proudly, "The current communication technology we use is 2G, which was developed in Europe and America, and the effect is really not good. What we are now researching is 3G technology, which is far more advanced than 2G. I estimate that we will be able to succeed within a year."
The old man asked, "What's the difference between 3G and 2G? What impact will it have on the world's communication networks?"
Shen Dong said, "Grandpa, you should listen to the experts' explanations. I can't explain it clearly."
The old man said, "You should know how much money you can make, right?"
Shen Dong thought for a moment and said, "If the whole world uses the 3G technology that we will develop in the future, then the patent fees alone will amount to about 10 billion yuan every year."
Upon hearing this number, even the old man couldn't help but gasp, saying, "So much? You're not exaggerating, are you?"
Shen Dong laughed and said, "This is nothing. In addition to 3G technology, Tengfei Electronics is developing smartphones, and Tengfei Chip is developing nanochips that are smaller and have stronger data processing capabilities. If all three technologies are developed, the annual profit will be conservatively estimated at two to three hundred billion. At that time, Tengfei Technology alone will be able to become the world's number one multinational corporation."
The old man pondered for a long time before saying, "If what you say is true, then what is the government needed to do?"
Shen Dong said, "Once the technology is developed, the government will allow its use."
The old man asked, "What about abroad?"
Shen Dong replied without hesitation, "Of course, we should cooperate with international operators. Compared with ordinary commodities, science and technology are more commercial and circulated. As long as your technology is advanced, it will be a winner-takes-all situation, unless another technology with the same or even more advanced level as yours emerges."
The old man nodded and said, "I hope your Tengfei Technology Company will succeed."
Upon arriving at Tengfei Communications Company, the old man listened attentively to the introduction by relevant experts and gained a deeper understanding of the advantages of 3G technology and its impact.
"Mr. Hua, how many R&D personnel does your Tengfei Technology Company have now?" the old man asked.
Ahua said, "We have 538 mathematicians, 766 physicists, 380 chemists, 2,522 basic research experts, and more than 8,000 engineers. Most of them are from Xia and Beisu, and a small number are from other countries."
Everyone was shocked upon hearing this.
With over 12,000 scientists and engineers, this talent pool already surpasses that of 99% of countries.
The old man looked at Shen Dong and said, "Young Shen, you really have impressed me."
Shen Dong smiled and said, "I've always believed that the most important things for a technology company are two things: funding and R&D talent. The latter is much harder to find than the former. That's why I spare no expense in recruiting talent all over the world."
The old man nodded and said, "I hope that I can see the day when your technology company truly takes off in my lifetime."
Shen Dong said confidently, "I guarantee you will see it."
The old man's inspection of Tengfei Automobile Company and Tengfei Technology Company was broadcast on Yangcheng Evening News that same evening.
The Tengfei sedan's impressive and stylish design immediately attracted the attention of many viewers.
The next day, Shen Dong planned to take his grandfather to visit Tengfei's clothing, instant noodle, and beverage companies. However, his grandfather insisted on going to Guangcheng to inspect Tengfei's chip company, which completely ruined Shen Dong's plans.
Upon arriving at Tengfei Chip Company, the old man inquired in detail about chip-related issues.
Upon learning that they were developing the world's first 22-nanometer lithography machine and the most advanced 22nm chip, the old man couldn't help but give them a thumbs up.
Because Yangshi TV's news programs broadcast Tengfei Group for three consecutive days, the already popular Tengfei brand products became even more popular.
Among them, Tengfei Beverage benefited the most, with distributors from all over the country calling Tengfei Beverage Company, resulting in a 30% increase in daily sales.
"Mr. Qiu, what a rare guest you are!"
In the president's office of the Ascendas Group, Shen Dong greeted Qiu Defeng of Asia Television with a smile.
Qiu Defeng said, "Mr. Shen, it's been a long time. I have a favor to ask of you this time."
Shen Dong chuckled and said, "Even the most important matters should be discussed with a cup of tea first."
Qiu Defeng was very pleased to see that Shen Dong treated him with such courtesy and did not put on airs as the world's richest man. He said, "I have heard that Mr. Shen has really good tea. I am in luck today."
While brewing tea, Shen Dong said, "You've come at just the right time. The day before yesterday, Wei Jixiang from Tengfei Beverage Company brought me back some of the finest West Lake Longjing tea from Hangzhou. Let's have a taste together."
The tea was ready quickly.
Qiu Defeng took a sniff and said, "It has a wonderful fragrance; it is indeed a fine tea."
Shen Dong smiled and said, "Just from the description 'fragrant and overflowing,' I know you appreciate Longjing tea. Mr. Qiu, what brings you here in person?"
Qiu Defeng said, "Mr. Shen, I plan to sell my shares in Asia Television and keep only 10%."
Shen Dong was taken aback and said, "I saw Asia Television's financial statements last month, and the revenue was very good. Especially the 'Who Wants to Be a Millionaire' program, which far surpassed TVB in its time slot. I don't understand why you did this?"
Qiu Defeng said with a wry smile, "My business is in trouble and I urgently need working capital."
Looking at the aged Qiu Defeng, Shen Dong said, "Mr. Qiu, I don't recall ever hearing about any problems with the companies you founded."
Qiu Defeng was silent for a moment, then sighed and said, "Mr. Shen, every family has its own problems. I have 38% of the shares. If you want them, I can sell you 28%. If you don't want them, then I will find someone else."
Shen Dong thought for a moment and asked, "How is the price calculated?"
Qiu Defeng said, "It's 10% higher than the market price."
Shen Dong replied without hesitation, "Sure."
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