Chapter Twenty-Nine: Wujiang Group



Although Wang An is Chinese, we should still compete with him when necessary.

Besides, Wang Laboratories will go bankrupt sooner or later, unless things change...

Maybe if I were to compete with him in the typewriter market now, I could even get him to switch to making computers.

Zhao Ye firmly believes that anything China can manufacture can be made at rock-bottom prices, and Wang Laboratories can never compete with him.

The typewriter he designed can print both Chinese and English, and its advanced technology, focus on practicality, and ease of use represent the pinnacle of the typewriter industry. Further improvements and the addition of fancy features would be unnecessary and would only increase costs.

In the future, with the acceleration of computer technology innovation and the steady decline in cost, the penetration rate of PCs will continue to increase. At that time, the typewriter market will slump and begin to decline.

In Europe and America, PCs were widely used. By the late 1980s, the typewriter market was declining, and Wang Laboratories went bankrupt.

The PC penetration rate in China was relatively low, and by the mid-1990s, the typewriter market was also declining.

The typewriter market is still at its peak.

In 1986, An Wang finally reached the pinnacle of his life: his company had an annual revenue of $3 billion and employed tens of thousands of people.

At this moment, a glint of light flashed in Zhao Ye's eyes. Rather than helping Wang An achieve his goals, he would rather help himself.

As Wang An grew older, he became increasingly stubborn and self-willed, squandering a winning hand.

Bill Gates once said that if Wang An had been able to complete the second strategic transformation, there might not be a Microsoft in the world, and I would be a teacher or a lawyer somewhere.

History has no "what ifs," and it's not that no one has advised Wang An to switch to making PCs, but Wang An instead mocked them, saying that PCs are children's toys and that Wang Laboratories doesn't make such childish products.

After seeing Secretary Zhang and the others off, Zhao Ye stood at the door for a while. Thinking that one of his future competitors was Dr. Wang An, he couldn't help but feel a little wistful and sentimental: "If Dr. Wang An is diagnosed with gastrointestinal cancer in a few years, he might as well retire early to recuperate and let me raise the flag for the Chinese people again. I'm only 20 years old now, like the rising sun, full of vigor, youthful vigor, and vitality. I'm just right to be the successor of the older generation!"

Zhao Ye suddenly couldn't help but think of "A Young China's Manifesto".

"The rising sun shines brightly. The river emerges from its hidden source, flowing into a vast ocean. The dragon rises from the abyss, its scales and claws flashing. The young tiger roars in the valley, and all beasts tremble in fear..."

"Through the ages and across the vast expanse, the future is as boundless as the sea, and the days ahead are long. How beautiful is my young China, as timeless as the heavens! How magnificent are the youth of China, as boundless as the nation!"

"Boundless, boundless... I truly hope our motherland prospers and becomes strong, a golden age without end, and I also hope that the company I founded can be as boundless as the nation!!!"

After Zhao Ye finished speaking, his expression suddenly froze slightly, and he realized that using "Boundless" as the name of the parent company seemed to be very meaningful.

Although the idea came somewhat abruptly, it was hard to suppress and instead took root in my mind.

When Ren Zhengfei, the CEO of Huawei, was registering the company, he couldn't come up with a name. He saw the slogan "China is promising" on the wall and used it as the name. Although it seemed a bit casual, Huawei really did strive towards the goal of "China is promising" and later became the pride of the Chinese people.

Imagination is a bit too abstract, and using it as a corporate goal is unlikely to create a sense of unity and cohesion among the people.

Boundless is a good thing. The motherland is prosperous and boundless, and the company is boundless with the country. It expresses a beautiful wish, inspires people, and motivates them to strive for progress!

Of course, there is another reason: corporate diversification is the future trend, but some companies also need to specialize in order to achieve something, especially technology companies. If they are distracted, they may decline. For example, if a technology company goes into real estate, the consequences are predictable. Giant and Sitong are examples of companies that have collapsed in this way. Learn from the mistakes of the past.

Therefore, it is best for technology companies to be independent.

So, should Zhao Ye give up the lucrative real estate market? No.

Wouldn't it be better to make money from real estate and use it to support tech companies?

Imagination Technologies should focus on technological research and development, becoming more pure and independent of the group.

Therefore, naturally, Zhao Ye needed to establish a group company.

Wujiang was born out of necessity!

Zhao Ye became more and more excited as he thought about it. He could name the parent company Wujiang, but still retain the subsidiary Imagine and the Imagine brand.

If a reporter interviews me later and asks why my company is named Wujiang (meaning "boundless"), I can say that I hope my country will enjoy boundless prosperity, and that my company will be as boundless as the nation. Saying this makes me seem very patriotic...

Of course, I am indeed very patriotic!

...

...

In the afternoon, Zhao Ye convened a meeting. Everyone expected him to discuss the production and promotion of typewriters, but to everyone's surprise, Zhao Ye immediately announced, "I had a sudden inspiration today. As the company grows larger, we may even diversify in the future. Therefore, I've decided to establish a group company at this time. However, I plan to use 'Boundless' as the name for both the company and the group. Imagine Technology Company will be under the Boundless Group, and the Imagine brand will still be retained!"

Everyone was shocked after hearing this.

At this moment, someone asked, "Boss, why is the company named Wujiang (meaning 'Boundless')? Does it have any special meaning?"

Zhao Ye smiled slightly and nodded, saying, "Yes, the name 'Boundless' embodies my wish: that our motherland will enjoy boundless prosperity, and that our company will be as boundless as the nation!!!"

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