Chapter 644 Experts Say It Can Make Money



Of course, those Western capitals also put pressure on the domestic and Japanese countries, demanding that they, as Western capitals, give up a certain quota ratio.

The Japanese were the first to jump out, constantly saying, "We don't have a market monopoly. If you're so capable, go and negotiate yourselves. Whatever you negotiate, that's your market share."

The Japanese devils also figured out Xing Baohua's operating methods, which is why they dared to make such a fuss.

The mainland's foreign exchange reserves are pitifully small. Asking them to use their meager reserves to buy your products is like plucking feathers from a miserly person.

It would be better to learn from the example of accepting the national currency. Look at Xing Baohua; he dared to accept the national currency and then use Japanese banks to give yen to companies.

Xing Baohua bore all the exchange rate risks himself. If you're so capable, why don't you try doing the same thing with Xing Baohua?

Sure enough, someone came looking for him. Xing Baohua immediately refused, saying, "I can't even get my own money out of the US, and you want me to give you US dollars?"

The American medical equipment representative said that this was a good opportunity to spend money on them, and they would give up the price difference so that Xing Baohua could earn double the profit.

Xing Baohua retorted, "Are you stupid? He's not only Nikon's largest shareholder, but also a major shareholder of the Pi Group. It's a win-win-win situation for him. Why would he care about your measly double profit?"

The person asked stupidly, "Isn't it supposed to be a win-win-win situation for both sides? How can it be a win-win-win-win situation?"

Sure enough, foreigners don't understand the social customs and etiquette in China.

After handling the cooperation matters with Nikon, Xing Baohua went to Shanghai. His small villa was already habitable, nicely decorated, and furnished with some mahogany furniture.

To be honest, pairing a Western-style house with Chinese-style mahogany furniture is a bit unusual, but what can you do when Xing Baohua likes solid wood things?

After resting for a day in the villa, Xing Baohua went to the wafer fab construction site in Shanghai to inspect the progress.

Domestically, the focus is on rapid development. As long as the money keeps up, only the Chinese themselves can break that speed record.

This is also a key project of Shanghai Municipality. Both the progress and the quality are guaranteed. Currently, this wafer fab is the world's largest wafer fab, and it is also a calling card and a symbol of Shanghai's image.

After inspecting the construction site, he was invited by leaders from Shanghai to see the medical cooperation in the capital. They were all envious and wanted Xing Baohua to invest some projects in the capital.

This thing isn't a giant radish; you can't just grab a handful and expect it to grow!

Although there are no major projects at the moment, there is a small project that Shanghai's leaders can consider. If it is implemented, it would be quite impressive to increase Shanghai's GDP.

Xing Baohua's idea was to have Shanghai allocate a piece of land to build a large-scale software park.

Don't underestimate software. Just one flagship software can bring in billions or even hundreds of billions of dollars in profits.

Of course, we may not see this pie for more than a decade, but when we do, it will already be a behemoth.

So Xing Baohua began to explain to the experts what the supporting software was.

He also explained his current Everest 1.0 system, which requires more software support.

One industry leader even asked, "Aren't all software programs free?"

"Free software is about capturing the market; otherwise, how would software development companies make money to support their workers? The initial investment in software is huge, mainly during the staffing phase. There are many ways to monetize software, the first being advertising. Bundling various ads with it will make users want to curse."

The pricing model is simple, but there are no annoying ads; in short, there's no such thing as a free lunch. The software park also brings the benefit of capital investment, which greatly reduces government funding.

Based on Xing Baohua's suggestion, the leaders of Shanghai conducted further research, mainly consulting with experts to assess the situation.

In the end, even Xing Baohua was speechless. Where did this expert come from?

And believe it or not, experts say that software sellers have made a fortune in recent years, and they're not cheap either. Some companies need accounting software, and just those few floppy disks cost over 200,000 yuan. Imported software is even more expensive.

So Shanghai organized a delegation to visit the beautiful Silicon Valley.

There were many experts, but Xing Baohua didn't know any of them. Some even invited him to give advice, but Xing Baohua shook his head and said he wasn't suitable.

A month-long study tour might actually teach us something, and upon our return, we can organize a software park.

This isn't a residential community; it's a district-level unit. The scale of the plan is enormous, and the level of support it provides is unprecedented.

Any company that invests in the software park can receive up to 100,000 yuan in start-up capital. There are also talent support funds; university graduates who join the company receive a 5,000 yuan bonus, and there are also incentives for graduate students, doctoral students, and others.

The practice of using money to attract talent has also drawn considerable criticism domestically, with some accusing Shanghai of breaking the rules and causing the loss of some of their province's top students.

Shanghai doesn't care about those things; it not only offers good conditions for domestic talent, but also provides even more incentives for foreigners.

They not only give money, but also provide housing. Single people are even given regular social gatherings.

And so, the Silicon Valley of the East was established.

The area is even larger than Silicon Valley in the United States. Xing Baohua himself was a little dumbfounded when he saw it. He quickly called Yu Shenghai and asked him to come to Shanghai to select a place to build a building and establish the Haina branch.

The main focus is on investing in software companies.

They should seize every opportunity to gain a foothold and acquire startup shares in those companies, or at the very least, angel shares.

This is a thuggish way of robbing wealth. Although you will lose a lot, if just one out of a hundred investments succeeds, the return will be a thousand times the initial investment.

Of course, I wouldn't miss such a chance to make money.

Furthermore, with the Shanghai Stock Exchange providing the strongest support, Xing Baohua wanted to separate the hardware and software businesses in Hong Kong and move the software park to Shanghai, which would serve as an attraction for the Shanghai software park.

My dear reader, there's more to this chapter! Please click the next page to continue reading—even more exciting content awaits!

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