For every person who makes money, someone else will lose money.
Many investment institutions in Western countries have suffered heavy losses. They used to laugh at those who shorted crude oil futures as fools, but now they have been proven wrong. They have become the fools, losing a lot of money, and many investment institutions have even gone bankrupt as a result.
This battle is completely paving the way for the Wujiang Group.
Fortunately, Zhao Ye was cautious and did not speculate on crude oil futures in the name of Wujiang Group. Keeping a low profile and quietly making a fortune is the best approach.
If Zhao Ye were merely a simple financier, he would have instead publicized his track record extensively. Like Soros, who never minded promoting his brilliant achievements to gain fame and become a representative of "speculators."
...
Tiangong Technology Company.
"Boss, the military wants us to provide them with a batch of advanced military production equipment. It seems that the domestic military has really been greatly stimulated this time!" General Manager Zhou Huicheng said with a smile while chatting with Zhao Ye.
After a pause, Zhou Huicheng said wistfully, "If only our Tiangong Technology Company could develop into a military industrial enterprise like the United States, we would definitely be able to reap huge benefits in this modernization of the military!"
Zhao Ye thought Zhou Huicheng's words made sense. It would be great if Tiangong Technology Company could enter the military industry. Unfortunately, the current military enterprises are all composed of state-owned enterprises. Private enterprises will inevitably encounter institutional constraints, ideological constraints, capital constraints, technological constraints and legal constraints when they enter.
The timing isn't right yet, but who knows what will happen in the future? As the technology of various companies under the Wujiang Group develops, many private technologies may surpass those of the military. At that time, the military will place orders with the Wujiang Group.
"Boss, our Tiangong Technology possesses core technologies in the field of precision machining. Therefore, I've been considering whether Tiangong Technology could enter the automotive parts processing industry and become China's Bosch Group. Simply selling CNC machine tools and various production equipment yields low profits. My main concern is that my country's automotive industry is poised for explosive growth, and the automotive parts processing market has a bright future!"
In China, you need a license to produce cars.
In Zhou Huicheng's view, obtaining a car manufacturing license is not a big problem, but producing cars is a big problem. One must take things one step at a time. Therefore, based on Tiangong Technology's technological advantages, the first step can be to enter the automotive parts processing industry, and all kinds of automotive parts can be produced by themselves. The last step is to assemble cars. Isn't that simple?
Zhao Ye thought for a moment and said, "The three major components of a car—the engine, transmission, and chassis—are the most difficult. If Tiangong Technology is going to do it, then we should tackle the most difficult technologies. As for the others, let's leave them to other domestic companies. We have limited resources; there's no need to do so much."
"Understood!" Zhou Huicheng nodded excitedly.
Building cars is a dream for many boys, and Zhou Huicheng also longs to build cars.
Fortunately, Tiangong Technology Company provided him with an excellent platform. There is probably no company in China with a greater technological advantage than Tiangong Technology Company.
Although there are many car companies in China now, most of them are joint ventures. Truly 100% domestically produced cars are not competitive with joint venture cars.
This is one of the reasons why Zhou Huicheng wanted to get involved in automobile manufacturing.
Today, Zeiss has separated from Tiangong Technology, but Tiangong Technology is still a very large company with 21,000 employees, most of whom are technical engineers from China, the Soviet Union, Germany, and the United States.
Chinese engineers make up only about half of the team.
As Zhao Ye walked out of Tiangong Technology Company, he couldn't help but find it interesting. Wujiang Group was already investing in highways, and the government was constantly building roads, so the road conditions were getting better and better. Zhou Huicheng's suggestion that Tiangong Technology Company get involved in the auto parts processing industry at this time was truly opportune.
Zhao Ye actually wanted to develop electric vehicles, but the technology wasn't mature enough, so he had to put the plan on hold and wait for the right opportunity.
Back at the company, Zhao Ye continued to work tirelessly on the "three-network convergence" technology.
Under his leadership, the development of the "three networks in one" system has progressed by leaps and bounds.
The most crucial device is the "triple-play fiber optic Ethernet router," which has multiple interfaces corresponding to three networks and a built-in special chip for conversion.
Zhao Ye estimates that, barring unforeseen circumstances, the triple-play router should be developed by the first half of this year.
The fiber optic development department still needs to step up its efforts; it's still a ways off from Zhao Ye's ideal fiber optic system.
Academician Zhao Zisen and his colleagues were well aware of the importance of optical fiber. The first step in building the "three-network convergence" system was to lay optical fiber nationwide, while the development of the convergence router could proceed at a slower pace. Therefore, Academician Zhao Zisen and his team worked overtime almost every night to research new types of optical fiber.
Fortunately, the laboratory equipment provided by Wujiang Group is very advanced, and with sufficient manpower, the research and development of optical fibers is progressing quite quickly.
In order to calculate and compare the experimental data, Zhao Ye even gave the prototype to the fiber optic development department for use.
It has to be said that no other company in the world that develops optical fibers has done this; the investment is astonishing.
Of course, no company could have predicted how prosperous the internet would become.
For Zhao Ye, since the cost of laying fiber optic cables would only be higher, it's okay to go all out now. The higher development cost of fiber optic cables is not a big deal, as it avoids the trouble and expense of frequently updating fiber optic cables in the future.
It was already 1991, and Zhao Ye was getting a little anxious. Without the World Wide Web, the global development of the Internet was still very slow. However, Zhao Ye was also afraid of a butterfly effect, which might lead to others developing similar products. Therefore, he wanted to establish the Internet in China as soon as possible so that the World Wide Web could be launched.
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