Chapter 254: Advancing into Downstream Manufacturing! Fengshen Company Established

At some point, a huge change had occurred in the heart of Tang Tang Chuyu, an emotional novice who had never been in a relationship throughout her four years of university.

The pure girl had already slipped into the abyss of depravity.

Therefore, during this period, Lin Yi often caught Tang Tang Chuyu looking at him with eyes full of lingering resentment.

Well, Lin Yi had to admit that those resentful little glances, combined with Tang Tang Chuyu's first-love-like face,

possessed an offensive power that absolutely could not be underestimated.

On this day, inside the office,

Watching the little girl walk away with the signed documents, swaying her hips and looking resentful.

Lin Yi shook his head and smiled.

"This little girl!"

Just then, CEO Yang Chen walked over.

"Mr. Lin, you called for me?"

Yang Chen said.

"Mm, sit down, Old Yang. I just saw the proposal you submitted; I wanted to ask what you were thinking."

Is the company planning to enter the electric vehicle industry?

Lin Yi said.

He said electric vehicles, not electric cars.

"It's like this, Mr. Lin!"

Yang Chen sat on the sofa and then said:

"Our company's sales team conducted a market survey."

Currently, about 15% of the electric vehicles in Longguo are using or are about to use our Super Power series batteries.

Many battery assembly factories simply take our batteries and assemble them.

In the blink of an eye, they can secure half the profit.

After seeing this report, I had the idea: why don't we start entering the manufacturing sector with electric vehicles?

We possess the world's best and lowest-cost lithium battery technology... As for electric vehicle assembly,

it actually contains no technical complexity at all!

Saying this, Yang Chen looked at Lin Yi, who had fallen into deep thought, and continued:

"In fact, given our company's current technological and capital accumulation, incubating several manufacturing companies poses no difficulty whatsoever."

For instance, electric four-wheelers, drones, and even in the future, we could enter the intelligent electric car industry, engineering machinery, and so on...

We must not only exert effort upstream; the vast downstream consumer market is also a battlefield we need to contest...

Hearing Yang Chen's earnest words, Lin Yi indeed felt as though water had been poured over his head, enlightening him completely.

That's right! Although Fengyi Technology has always focused on building the upstream market,

watching downstream companies take their products and earn nearly as much as Fengyi Technology itself, merely by doing the effortless work of assembly,

was undoubtedly quite frustrating.

Great! While I spend time and effort researching here, you guys sit back and reap the benefits!

Just as Yang Chen said, take electric vehicles for example;

isn't the technology just a shell plus a motor?

In the market, what determines which electric vehicle is superior isn't still the battery?

Since Fengyi Technology possesses such strong technological accumulation in this area,

why must they remain content being merely an upstream product enterprise?

Thinking back to May, the company's book funds had broken through to 7 billion Huabi.

This money had been lying idle in the accounts; Lin Yi had originally planned to use part of it to build the headquarters building in the future.

But now, after Yang Chen's reminder,

Fengyi Technology could fully use these funds to incubate some satellite companies.

Even now, with the massive influx of hot money from overseas, these satellite companies could entirely proceed with an IPO and list on the stock market to absorb capital.

Since these satellite companies are basically assembly factories without any critical technology,

even if Fengyi Technology sells these enterprises in the future, there would be no regret whatsoever.

After all, all core technology resides entirely within the Fengyi parent company; as long as the parent company does not go public,

no one can covet these technologies.

Lin Yi was quite satisfied with Yang Chen.

Not only did he manage the company in an orderly fashion, but he also truly thought from the company's perspective,

not limiting himself to existing rules and frameworks.

It could be said that the talents hired by the System were indeed impeccable.

"Not bad; however, where do you think it would be best to build these companies?"

Lin Yi asked.

After all, land in Modu was extremely scarce; last time he had acquired 700 mu from Songjiang District,

and although there was still a large amount of vacant land now, all of that was reserved for Fengyi Technology's future core industries,

such as battery textiles and bio-nanotechnology.

Companies like electric vehicles, which lack technical complexity yet cannot occupy too small an area,

were definitely impossible to locate in Modu.

Even if the Modu government favored him greatly, it was impossible for them to approve another massive plot of 700 mu for electric vehicles.

"From a supply chain perspective, it would be best to choose a place relatively close to Modu; I think Changshu in Suzhou, Jiaxing, Wuxi, and so on would all work..."

Yang Chen thought for a moment and said.

"Then I'll leave this matter to you; you go talk to the local governments, and we'll choose whichever location offers greater incentives."

Just say our investment will reach a scale of 10 billion... Once things are nearly settled, I'll go with you to inspect the site!

Lin Yi said.

"Understood, Mr. Lin; I'll get back to work then!"

Yang Chen said.

Lin Yi nodded.

After he left, Lin Yi glanced at the newspaper beside him.

It featured the lawsuit between Fengyi Technology and Alibaba,

which ended with Alibaba hastily paying compensation to settle the matter.

What kind of enterprise was Fengyi Technology exactly, and how could it defeat the wealthy and powerful Alibaba?

It also compared Lin Yi, the founder of Fengyi Technology, with Jack Ma, the founder of Alibaba.

This newspaper from Modu

thoroughly praised Fengyi Technology while severely criticizing Alibaba.

Comparing Alibaba's small-day operations and foreign shares, Fengyi Technology was a one-hundred-percent Longguo enterprise...

It compared the innovations of Alibaba with those of Fengyi Technology,

and which of the two contributed more to the nation.

Finally, it discussed Jack Ma himself versus Lin Yi himself.

The two were described as extremes; one was jokingly referred to online as the most handsome first-generation entrepreneur in Longguo,

with many netizens even calling Lin Yi the new "National Husband," the "Most Handsome Divine Face," and the "Diamond God Most Wanted in Marriage."

As for the former School Principal Wang!

Sorry! That guy was merely a second-generation rich heir; although Panda Culture was showing some promise,

it was simply incomparable to Lin Yi, a first-generation entrepreneur.

In contrast, Jack Ma's appearance was that of an alien.

Compared to Lin Yi, he was simply the ugliest entrepreneur.

It could be said that after this lawsuit, Fengyi Technology's fame had risen considerably,

and Lin Yi had even topped the trending searches, finally breaking out of his circle.

All of this was due to Old Ma's contrast, or perhaps people's shock at Alibaba losing the lawsuit.

In fact, what the netizens did not know was

that the reason Alibaba conceded so easily and hastily

was because the authorities above did not wish for the lawsuit to escalate; the Hangcheng government had received pressure from the Imperial Capital.

Thus, the Hangcheng government had directly worked on Alibaba.

In reality, Alibaba had never expected Fengyi Technology to have such a massive background.

Otherwise, they would never have dared to offend such an enterprise.

Well now! Since they had already offended them, and even Jack Ma had personally called without receiving any courtesy in return.