Chapter 44: A Valuation of One Billion! Domestic Attention!

Unfortunately, Lin Yi, the boss of Fengyi Technology, simply did not give him a chance to negotiate.

Learning from his secretary that the other party had refused to meet, Boss Jia was utterly helpless.

To be sure, Boss Jia was currently riding high on a wave of success.

Everything at LeEco was developing extremely well.

The valuation of the entire LeEco group kept rising repeatedly.

His personal net worth rose with the tide, making him a billionaire tycoon.

Nowadays, Boss Jia cut the figure of a business magnate; wherever he went, government officials accompanied him.

They hoped to secure investment and boost their political achievements.

Yet, such a person was decisively rejected when requesting a meeting by the boss of Fengyi Technology.

Boss Jia did not even know what to say.

It truly proved the saying: a newborn calf fears no tiger!

However, he would not give up on Fengyi Technology just because of this.

At this moment, Lin Yi remained unaware that a business tycoon had set his sights firmly on him.

But regardless of who it was, he would never sell his shares.

Inside the Magic City Sports Center, although reporters from major media outlets had seen Lin Yi, the boss of Fengyi Technology, depart,

Zhao Zhao Xuebin, Wen Xiang, and others became their focus.

"Excuse me, Dr. Zhao, you returned from the United States to join Fengyi Technology; does this mean you chose Mr. Lin Yi?"

Hearing this, Zhao Zhao Xuebin denied it:

"Quite the opposite; in fact, it was my boss, Mr. Lin Yi, who chose me. One could say that regarding the research on the new battery, the boss deserves the greatest credit!"

Wen Xiang, standing nearby, also nodded in agreement.

Meanwhile, the reporters below were typing furiously on their laptop keyboards.

However, whenever the topic involved Lin Yi, the two doctors were unwilling to say much.

This only further sparked the reporters' interest.

Next, they asked several questions regarding battery technology.

The two doctors provided explanations as long as they did not involve proprietary technical details.

When the press conference concluded, every reporter received a generous red envelope provided by Fengyi Technology.

Naturally, after returning to their hotels,

these reporters and media personnel began working overnight on their news drafts.

The following day, news coverage flooded the internet and major newspapers.

Sina: "Fengyi Technology: A Unique Product Launch!"

NetEase: "Super Cobalt-Free Battery: A Major Breakthrough for Longguo's Battery Industry!"

Sohu: "Incredible Battery Performance; The Global Lithium Battery Industry Faces a Major Reshuffle!"

Yangcheng Evening News: "Lin Yi: The Man Who Changed the Global Battery Industry!"

Sensational headlines capturing public attention flooded both the internet and traditional media.

If previously, Fengyi Technology had garnered a mixed reputation due to its advertising campaigns,

now, the internet was filled with media outlets singing Fengyi Technology's praises.

From internet media giants like Tencent and NetEase to traditional outlets like Yangcheng Evening News, all were lavishing praise on Fengyi Technology's new product.

It held epoch-making significance for the battery industry.

In particular, after the press conference, a reporter from Yangcheng Evening News interviewed Boss Jia of LeEco, who had been reluctant to leave for a long time.

When the reporter asked about Boss Jia's views on Fengyi Technology's prospects,

LeEco's Boss Jia stated in front of the reporters,

that if Lin Yi, the boss of Fengyi Technology, was willing to sell, he would offer 1 billion in cash to acquire the company.

Moreover, he added that as long as he, Boss Jia, was around, this offer would remain valid indefinitely...

That's right! Thanks to Boss Jia hyping them up,

Fengyi Technology, a tech company that hadn't even sold a single product yet, was now valued at over 1 billion.

It was jaw-dropping to hear.

However, as videos from the Fengyi Technology press conference were uploaded to the internet,

including many onlookers felt that Boss Jia's 1 billion valuation was perfectly reasonable, and perhaps even vastly underestimated the company's true value.

After all, judging from the on-site video, Fengyi Technology's new cobalt-free battery could already be called black technology.

A battery pack much smaller than a car battery could actually power over a dozen household appliances, including several floor-standing air conditioners.

Most terrifying of all, this battery kept these power-hungry devices running for two and a half hours straight.

Many netizens stated that if the video was not fabricated,

they would all be willing to buy it.

Especially since Fengyi Technology's official website also displayed several videos,

showcasing features such as safety and fast charging.

"Haha, with this, one battery equals seven or eight old lithium batteries; will my e-bike become the king of range!"

"@Cook, you should arrange to use our Longguo batteries; from now on, Apple phones can say goodbye to charging troubles!"

"@Huawei Old Ren, what are you waiting for!"

The internet was filled with all sorts of comments, but mainly netizens were tagging companies that required batteries.

Among them, mobile phone manufacturers and electric vehicle makers were the primary targets.

Soon, Old Ren of Huawei saw the netizens' comments online and immediately discovered the company Fengyi Technology.

He immediately made an internal call:

"Old Yu, search online for a tech company called Fengyi Technology, investigate it, and see if this is true!"

Hearing this, Yu Dong nodded:

"Understood, Chairman Ren!"

On the other side, Dong Gui, the founder of Yadea, the leader in the electric vehicle industry, also received the news.

It was known that last year, Yadea signed famous film star Lee Min-ho as its brand ambassador, and in July of the same year,

the Yadea Testing Center obtained national CNAS laboratory accreditation, becoming the first complete vehicle enterprise in the industry to possess a national-level testing center.

This year, Yadea launched its globalization strategy, exporting to all five continents with excellent quality, selling well in countries including the United States and Hans.

As for the battery, the most critical component of an electric vehicle,

Yadea had always paid close attention to it.

Although Yadea currently had stable suppliers for its electric vehicle batteries,

if new battery technology emerged, Yadea absolutely would not, and could not, fall behind others.

However, compared to the corporate world's focus on Fengyi Technology,

The media, however, paid closer attention to the matters behind Fengyi Technology, such as the deeds of its founder, Lin Yi.

(PS: For this new book, I beg for flowers, tips, and review tickets; your support is the author's motivation!)