Chapter 321 Sixth Anniversary Celebration
The sources of these incomes are diversified, including self-operated income and sustainable income from software and other related businesses, making the company's profits more secure and embarking on a virtuous cycle.
However.
Chen Weidong understands that the road to independent research and development is like a brazier, where everything is burned with real money.
Without the support of strong financial resources, we cannot go far at all.
For example, the original intention of establishing the stock market was to make it easier for companies to obtain financing, especially those high-tech companies, which are often the most sought after by capital.
But finance will always be virtual, and it cannot become a real pillar industry.
Although the profitability of Infinite Private Equity is very strong, it cannot actually produce even a small screw.
Therefore, finance needs investment entities to preserve this paper wealth.
Therefore, Chen Weidong actually doesn't care how much money he makes.
What he cares about is how many new technologies the company has developed, how many new patents it has applied for, and what new equipment it has developed.
Many times, he has ignored the ebb and flow of the tide.
Especially for a soul like him, who has been a human being for two generations and has experienced the erosion of time continuously, he is always reminding himself that he must learn from history and never make the same mistakes again.
Just like the performance of the island country after the financial crisis, he was deeply touched.
In the late 1990s, under the attack of international financial giants, the island nation's wealth accumulated over decades was reduced by about half in an instant.
In the 21st century, island countries are still paying the price for economic bubbles.
The stock market continues to decline, and no one is interested in real estate. It is common to hear news of banks and financial companies going bankrupt. Hundreds of companies close down every month.
Many people thought that the island country would be in ruins from now on and would never be able to stand up again.
However, they were surprised to find that the islanders got up again.
Most of the wealth in their accounts has been wiped out, but the production equipment is still there, the factory buildings, and the strictly trained workers are still there.
As always, they invested heavily in technological research, and their production equipment resumed high-speed operation after discovering that book wealth was just a number.
The islanders finally discovered that the so-called wealth is only real if it is something real.
This time, they learned a lesson and stopped shouting to the world how rich they were. They kept only strategically important parts of the American industry and sold all the rest.
Then, they quietly transferred their industry from the United States to Southeast Asia to recuperate and cultivate the market.
By setting up factories in Southeast Asia, the islanders use cheap local workers to produce products, and at the same time, they also allow Southeast Asian residents to have more money to purchase assets and consume.
In this way, after seven or eight years and decades of industrial transfer, the islanders were seemingly driven away from the American market.
But in fact, they re-arranged their production lines in Southeast Asia and took root.
As a result, the island society now presents a strange scene.
They screamed desperately to the whole world, talking about the lost decade, how badly they had been tortured by the financial crisis, and the economy had fallen into a sustained recession.
But in fact, they have not been hurt by this, and they still maintain strong competitiveness!
In terms of economic transformation, the island country can definitely be said to be the most experienced country in Asia!
Heavy industry in the 1970s, automobile industry in the 1980s, semiconductors in the 1990s, microelectronics over two thousand years...
Although they have been suppressed time and time again, they can always find new breakthroughs, bring a certain technology to the forefront of the world, and create a huge pillar industry.
Instead of relying on the so-called human resources and demographic dividend.
If we do not prepare for a rainy day now, we will miss the best opportunity for transformation in the future economic competition!
By then, what can we rely on to stimulate the stagnant economy?
The world's factory is definitely not the result we want!
No one is born a cow or a horse!
I just have to bow my head!
Just like the products of the island country, it is still a strong opponent that cannot be ignored on the world stage!
Core technology is the most important!
Chen Weidong came to the conclusion from this.
The so-called wealth, those numbers that look pleasing to the eye when listed on paper, can only be treated as a number!
If the current total paper wealth in the world is converted into physical goods, it is conceivable that the world will experience terrifying inflation overnight.
Because so much money actually far exceeds the value that all physical objects can represent.
This gave him a sense of enlightenment.
As long as the money on the books can cover all expenses, he is indifferent to it.
What he is more concerned about is his huge scientific research team!
The automated production lines, chip production lines, and LCD production lines built by the company are new technologies developed every year!
He understands that as long as these things are still there, even if he wakes up tomorrow and the stock price of Infinite Company drops to a dime and all the accounts and wealth turn into a pile of waste paper, he will still have enough confidence to rebuild a relatively new business in a year or two.
Now there is even a powerful infinite company!
By this time, his psychology had changed.
I have stopped focusing on myself and how many billions of dollars I have earned, and have shifted my attention to higher-level pursuits.
Viewed from this perspective, Chen Weidong is the real one who has achieved an overview of the overall situation.
At the same time, Chen Weidong also discovered that Infinite Company's current situation is more like a lame giant.
It is said to be a giant because Infinite Company has an undisputed dominance in the Internet and software, but their flaws are also obvious.
The same standards used to measure the strength of a country can also be used to measure infinitely large companies.
Judging from this measurement standard, Infinity Company is still at a disadvantage in terms of high-precision machining technology.
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The processing technology of electronic products and the level of laboratories, although through immersion technology and overtaking in corners, are already on par with those abroad.
But the machining industry has made breakthroughs only in micro-precision machining technology, with the help of the high-precision micro CNC machine tool brought back from the Tree House Research Institute, and can reach the world level.
After Chen Weidong walked around the Infinite Company campus a lot, saw a lot, and listened a lot, he slowly completed a set of new business philosophy changes after careful consideration with a longer-term perspective.
In this way, in the process of a change of thinking, December 18th, the sixth anniversary celebration of Infinity Company came as expected.
Chen Weidong and Lin Zeju discussed that since the number of people in the company has reached a huge scale, it is inevitable that so many people will not be able to gather in one place to celebrate.
He asked all researchers to gather in the auditorium, company restaurant, and movie theater, while other personnel either stayed in the laboratory or the production workshop, and communicated synchronously through the company's internal network in the form of video conferencing.
All venues held an unprecedented anniversary celebration.
When Chen Weidong took the lead to enter the venue, several researchers sitting at the door, the first batch of researchers to join Infinity Company, immediately stood up from their sitting positions and applauded warmly to welcome his arrival.
When Chen Jie and Lin Zeju walked in, the entire auditorium burst into loud cheers.
Chapter completed!