Wujiang Group's series of actions were incredibly swift and decisive, and new energy vehicles have become a huge hit in China!
With the explosive growth of new energy vehicles, the photovoltaic industry has subsequently experienced unprecedented rapid development.
Many companies began to get involved in photovoltaic investment. From January to June 2009, in just six months, tens of thousands of photovoltaic companies were registered in China.
However, at present, Wujiang Solar remains the largest in scale, with an investment amount that almost exceeds the total of all other companies, reaching approximately 500 billion RMB. This money mainly comes from three sources: the company's own operating income, grants from its parent company, Wujiang Group, and bank loans.
Although the investment is large, the prospects are very good.
Going forward, Wujiang Photovoltaic will continue to invest in photovoltaic power plants to alleviate domestic electricity pressure.
...
...
Lujiazui, Wujiang Building.
Zhao Ye then saw something quite interesting online—Bitcoin.
Bitcoin is a virtual currency developed based on blockchain technology.
Anyone who was in the IT industry in their previous life should know about Bitcoin.
The rate at which this thing appreciates in value is astonishing. When it first appeared in 2009, one Bitcoin was worth less than one cent, and one dollar could be exchanged for 1,300 Bitcoins.
On December 17, 2017, one Bitcoin was worth $69,000.
If you had spent $1 to buy Bitcoin in 2009 and then sold it on December 17, 2017, you would have become a billionaire with a net worth of nearly $100 million.
This return on investment is terrifying!
Wujiang Group has actually been conducting in-depth research on blockchain technology for some time, but instead of launching Bitcoin, it has applied blockchain technology to more practical scenarios, such as financial asset transaction settlement, digital government affairs, evidence storage and anti-counterfeiting, data services, and so on.
Bitcoin is a real rip-off. It's a virtual currency created out of thin air, and its high price is entirely the result of speculation.
Given Zhao Ye's current status and influence, if he were to speculate on Bitcoin, the price of Bitcoin would likely skyrocket even more dramatically. If Bitcoin were to crash in the future, countless people would hate Zhao Ye.
Furthermore, Bitcoin mining consumes a great deal of electricity, wastes national resources, and pollutes the environment, making it a losing proposition.
Not all cryptocurrencies need to be obtained through mining. A tradable digital asset can also be issued out of thin air and circulated and transferred through methods such as locking up tokens, market launch, and trading.
With the financial resources and influence of Wujiang Group, it is fully capable of directly issuing virtual currencies with high credit ratings, which users can then use to shop or play games.
Bitcoin is still in its infancy. Although it has attracted a lot of international attention, its development time is very short and its influence is still insufficient.
Zhao Ye did not come forward to criticize Bitcoin. Given his current fame, if he were to talk about Bitcoin to the outside world, it would probably actually help Bitcoin's explosive growth.
"China can't be as foolish as it was in the past to mine Bitcoin and end up doing all the work for others! If those foreigners want to speculate on Bitcoin, they should mine it in their own countries, not in China! Otherwise..." Zhao Ye shook his head and chuckled, revealing a contemptuous look in his eyes.
As China's manufacturing industry becomes increasingly developed, industrial electricity consumption has surged.
As people's incomes increase, home appliances become more comprehensive, and household electricity consumption is also growing daily.
The development of networks and the establishment of data centers also require a large amount of electricity.
In the future, as all modes of transportation switch to electricity, electricity will become even more scarce.
Who the hell has extra electricity to mine cryptocurrency?
Zhao Ye picked up the tea on the table, took a couple of sips, and then silently closed the news webpage about Bitcoin using the mouse.
Bitcoin was insignificant, and Zhao Ye continued to devote himself to his work.
Some might ask, "Zhao Ye is already so rich, why is he still so dedicated to his work?"
In fact, Zhao Ye is under a lot of pressure!
You can't know the hardships of being an emperor unless you want to be one yourself.
Zhao Ye's every move affects the operation of the entire Wujiang Group.
As the saying goes, "With great power comes great responsibility."
Zhao Ye bears the responsibility of ensuring the well-being of every household and the heavy duty of building a better future for the motherland; he cannot afford to be complacent in the slightest.
In the first half of 2009, Wujiang Group made many investments, incurring huge costs.
In the second half of this year, Wujiang Group will certainly want to make some money.
At its summer 2009 press conference, Wujiang Group planned to launch several new products, with civilian-grade drones as the main focus.
To create a sensation, Wujiang Group is planning a grand drone show, using 3,000 drones to draw a "dragon and phoenix" image in the night sky. The scene is absolutely stunning!
Zhao Ye was already deeply impressed by the simulated video demonstration on the computer, let alone seeing those scenes in real life!
Before drones were even available, no one had any concept of drone shows.
When the time comes, if everyone suddenly sees a "dragon and phoenix in auspicious formation" in the night sky, will they be surprised and think that a miracle has occurred?
Zhao Ye laughed heartily, eagerly anticipating that day.
However, it's only the end of June, and there's still a month or two until Wujiang Group's summer press conference.
Zhao Ye chose August 26th as the date for the press conference, which happens to be Qixi Festival (Chinese Valentine's Day). Wujiang Group will be bringing a surprise to all couples. If all goes well, they can even program the drones to perform a scene of the Cowherd and the Weaver Girl meeting on the Magpie Bridge – a truly beautiful and touching sight!
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