With the hype surrounding it, countless news stories about startups and companies began to emerge.
News about domestically produced mobile phones, televisions, refrigerators, computers, and so on is dazzling.
Among them are some charlatans who use the guise of high technology to deceive people.
Su Wu idly glanced at the news reports, scoffing at them.
In his opinion, all those who advertised domestically produced high-tech mobile phones were liars.
It's made in China, but it doesn't actually have much technological content; it's just assembly.
If Su Wu hadn't been manufacturing mobile phones himself, they wouldn't have needed to import those integrated motherboards.
As for the rest, he couldn't be bothered to judge how much independent intellectual property rights were involved.
Without sufficient domestically produced materials, the development of applied technologies will inevitably be limited.
Having spent the money and accomplished the task, Su Wu once again entered the sage mode of entrepreneurship.
He felt insecure because he had less money in his pocket.
He couldn't help but think of the underground banks.
Hu Zeqing and Liu Gengshuo were very cautious, making it difficult for him to find a starting point.
Just as he was considering whether to report them directly to avoid further trouble, Peter Ma sent him a message.
Hu Zeqing has established a company in Tianjin.
The incident happened a month ago.
In other words, Su Wu was so busy setting up the chip factory that he didn't pay attention and missed this information.
Sihai Hotel
Su Wu met Peter Ma, Li Zhi, and several other unfamiliar faces.
"Xiao Wu, please sit down. Let me introduce you."
Before Li Zhi could speak, Peter Ma greeted him warmly.
After being introduced, Su Wu learned that these people were friends of Peter Ma, and that they were all wealthy.
He winked at Li Zhi, asking what was going on.
Li Zhi leaned closer and whispered, "Did you brag to Brother Ma? He said you're some kind of talent and have something important to discuss?"
"I didn't brag. I didn't mention that you and Qingqing went to the hospital." Su Wu looked completely bewildered.
"Get lost, that's not what I was talking about. Keep your mouth shut." Li Zhi's face instantly fell.
Just as the two were whispering to each other, Peter brought up the topic.
"Xiao Wu, just as you predicted, Hu Zeqing has established a technology company in Tianjin, and it's getting a lot of publicity right now."
As he spoke, he handed Su Wu a newspaper from Shanghai.
Su Wu opened it and his eyes widened in surprise.
A superconducting electronics technology company, its superconducting mobile phones are internationally leading and will set a new trend in mobile phones.
What's going on here?
This is like a heifer trying to fly; they have no shame!
Even though he has achieved independent intellectual property rights for his Longyao mobile phones, he doesn't dare to boast about it.
Where does Hu Zeqing get his confidence from?
Before he could even react, Peter Ma gave him a newspaper from Tianjin.
A superconducting technology company has settled in Tianjin, investing 800 million yuan to create a new territory for mobile phones in China.
800 million?
When Su Wu saw this number, he felt a chill run down his spine.
Is this guy really going to make Chinese-made mobile phones?
Where did his chip come from?
I haven't heard that he ordered chips from Ruyang.
Imported?
With countless questions in his mind, Su Wu was also somewhat at a loss.
Hu Zeqing is the first person in China to dare to invest 800 million yuan in the mobile phone industry.
Even Su Wu himself was ashamed of his own shortcomings in this regard.
His mobile phone company only had an investment of tens of millions.
Of course, the subsequent research and development costs will definitely be very high; burning through hundreds of millions is like child's play.
Somewhat confused, he folded the newspaper and looked at Peter.
"Brother Ma, is this news reliable?"
"Hey, that's just bullshit, don't believe it."
Peter Ma gave Su Wu a seemingly reasonable yet unexpected answer with a cold smile.
Then, he and a few friends began to analyze the situation for him and Li Zhi.
After their investigation, they realized that Hu Zeqing was engaging in capital operations.
Tianjin has support policies for high-tech industries that are established there.
He spent 5 million yuan to acquire 100 acres of construction land.
At present, we are investing in the construction of a superconducting technology company, with an actual investment of only tens of millions.
However, the registered capital of the superconducting technology company is indeed 800 million.
However, just as the news about the superconducting technology company broke, their accounts showed a shortfall of 600 million.
In other words, the current working capital of the superconducting technology company is only a little over 100 million yuan.
"Where did the money go?" Su Wu asked, somewhat bewildered.
Peter Ma laughed and said, "It's said that they bought a cutting-edge technology from abroad for 600 million."
“Then there’s no problem.” Su Wu nodded.
In his view, if he could really spend 600 million to buy a decent mobile phone technology, it wouldn't be a bad deal.
After all, these technologies are all embargoed; you can't buy them even if you have money.
He had barely nodded when Peter smiled.
"Xiao Wu, do you really think Hu Zeqing is someone who runs a physical business? Have you forgotten your assessment?"
“This…” Su Wu’s face flushed.
However, he couldn't make any arbitrary comments.
He hoped that Hu Zeqing would contribute to the rise of science and technology in the country.
Unfortunately, Peter's next words shattered his little bit of hope.
"He's a complete fraud. My buddy just came back from abroad, and there's absolutely nothing like what they're advertising."
Hu Zeqing's superconducting technology company claims to have purchased the most advanced mobile phone technology from the United States.
Of course, they "modestly" said that they only purchased part of the technology.
However, after making inquiries through his connections in the United States, Peter's friends realized that this was just bragging.
It was only because Su Wu and Peter Ma had mentioned Hu Zeqing's possible actions that he took it so seriously.
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