Chapter 187: Law of Conservation of Energy

I was tricked, sorry, I can't update today.

I was tricked, sorry, I can't update today.

I was tricked, sorry, I can't update today.

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Li Dongling doesn't know what the situation is with Wan Dai in Japan now, but from the call from Ning Wenke, electronic pet machines are completely unsalable in Southeast Asia, as if overnight, no one likes this thing anymore. A large number of electronic pet machines at the Ning's Trading Company are piled up in the warehouse and cannot be sold!

What the market for electronic pet machines is like in other regions is not very clear yet, but Ning Wenke feels that it should not be much different from Southeast Asia.

Because the stock price of Wan Dai in Japan has already flashed a crash, falling more than 16% in a single day, and the market value has fallen by $880 million. It is clear that investment institutions that have received the wind have run away from Wan Dai stocks in advance and are crazily selling off the Wan Dai stocks they hold.

Li Dongling put down the phone and thought about the Wan Dai Company in Japan. You must know that Dongling Gao Ke is also one of the small shareholders of Wan Dai Company, holding 2.7% of Wan Dai's equity. Li Dongling is also concerned about "his own" company!

How many electronic pet machines Wan Dai in Japan has produced now, Li Dongling knows clearly. After all, electronic pet machines are OEM-produced by Dongling Gao Ke.

Since the beginning of the year, Dongling Gao Ke has at least OEM-produced machines worth more than $500 million for Wan Dai. How many of these machines have been sold is really hard to say, but now that the electronic pet machine market has collapsed, it means that Wan Dai in Japan has hundreds of millions of dollars of goods smashed in its hands!

This is not just about machines that cannot be sold; there are also advertising expenses, channel fees, freight, warehouse expenses, etc., all of which have been thrown into the water. Wan Dai's performance in the next quarter is not worth looking at anyway.

For Wan Dai, the next quarter might be the most difficult one. If it doesn't go well, it might face a bankruptcy crisis again.

According to the law of conservation of energy, when a person's smile disappears, that smile will not really disappear, but will transfer to another person's face. Wan Dai cannot laugh, so others should laugh.

Like Wan Dai's rivals, Nintendo, Sony, etc., seeing Wan Dai's pile of electronic pet machines in the warehouse, they would probably laugh out loud. However, Wan Dai is unlucky, but for Dongling Gao Ke, it might also be an opportunity!

For Wan Dai, it is a crisis, but for the "small shareholder" Dongling Gao Ke, it is an opportunity to change from a small shareholder to a large shareholder.

Wan Dai has a lot of good things in its hands, a large number of well-known IP copyrights. The further back you push, the more valuable they are. If you can get them in your hands and don't toss about game consoles, but focus on industries like toys, animation, games, etc., you can still earn a large amount of cash flow and become a cash cow for Dongling Gao Ke!

"Wan Dai Company in Japan?!" Zhang Xiaocheng was a bit surprised, not expecting that it would actually involve Wan Dai Company in Japan.

Li Dongling shook his head and said with a smile, "Just some "small things" that need Dongling Gao Ke to adjust some business!"

Wanting to change from a small shareholder to a large shareholder is not something to be rushed. You have to find an opportunity. If you run up directly now, you are just taking the blame for Wan Dai. Li Dongling will not do that kind of thankless work.

Coming to the headquarters of the Torch Group with Zhang Xiaocheng, which is also the place of the original Shangguan Town Yuanqi Factory, this place has also been demolished, and the new office building is also under construction. Now it uses some simple houses that have been set up.

Outside on the construction site, the sound of machinery is roaring, and it is in full swing, but here it is quite quiet. This is the construction headquarters, mainly construction technical personnel, and next to it is the Technical Department of the Torch Group.

"Mr. Li!"

Seeing Li Dongling, Zhou Wenyang, the head of the Technical Department of the Torch Group, and a group of people all stood up instantly.

Dongling Gao Ke is the largest shareholder of the Torch Group in name, and Li Dongling is also a member of the Board of Directors of the Torch Group. Although Li Dongling has not directly intervened in the management of the Torch Group, everyone in the Torch Group knows the significance of Li Dongling to the Torch Group. This brand was even built because of Li Dongling!

Seeing Li Dongling, Zhou Wenyang, who came out of the Xicheng Wireless Factory No. 1, couldn't help but feel a bit complicated.

Zhou Wenyang naturally saw the news of Feiyan Technology's mini-radios selling wildly at home and abroad. He saw with his own eyes that Li Dongling, who had just been assigned to the Xicheng Wireless Factory No. 1, proposed the mini-radio project, but it was directly rejected.

And now, the wild sales of Feiyan radios, just overseas, have sold more than 2 million Dolphin radios in America, Mexico, Canada, Europe, Japan, etc., and the foreign exchange received in US dollars, pounds, marks, yen, etc., adds up to more than $300 million. It's simply crazy!

Zhou Wenyang doesn't know what the scene would be today if the Xicheng Wireless Factory No. 1 had listened to Li Dongling's suggestion to transform into mini-radios, what the scene of the people in the Wireless Factory No. 1 would be today, and where he, Zhou Wenyang, would be.

The past cannot be chased. Now, Liu Jiande, the General Manager of the Xicheng Wireless Factory No. 1, has started stepping on the sewing machine, and Zhou Wenyang has also arrived at the current Torch Group. Most of the employees of the Xicheng Wireless Factory No. 1 have scattered, and many have defected to Dongling Gao Ke and the Torch Group. In a few years, Zhou Wenyang feels that the name Xicheng Wireless Factory No. 1 will also be forgotten by people, as if it had never appeared...

"How is the R&D going now?!" After arriving at the laboratory, Li Dongling asked directly.

Don't look at the current high-profile Torch Group, but what Li Dongling is most concerned about is not whether those factories and office buildings can be built well, but the technical department, when can they develop the three technologies he requested.

Zhou Wenyang heard this and said quickly, "Among the three studies we are currently developing, for the high-temperature resistant plastic material, we have joined hands with Hanxi Jiaoda and several material research institutes. It is currently in the experimental stage, and it is expected that a high-temperature resistant lighter shell that meets the requirements will be developed by the middle of the year!"

"In addition, the lighter safety lock technology also has a clue. It is mainly a patent issue. We have designed two sets of lighter safety lock patents and are currently applying for them in America, Europe, Japan, etc.!"

The lighter safety lock patent is basically used to strike at competitors. In the past, American lighter manufacturers applied for safety lock patents in advance and then spent huge amounts of US dollars to lobby the US Congress to pass a bill requiring lighters to be equipped with safety locks. But the patent was in the hands of American lighter manufacturers, which actually drove competitors out of the American market.

But now, the lighter safety lock is being engaged in by the Torch Group. Who targets whom in the future is not necessarily certain!

Li Dongling nodded when he heard Zhou Wenyang's words. Looking at the old ox who had lost a layer of weight, he also knew that since the establishment of the Torch Group, Zhou Wenyang had probably been waiting in the laboratory to develop technology.

"What about the constant flow valve lighter technology?!"

When the Torch Group was established, Li Dongling asked the technical department led by Zhou Wenyang to mainly develop three technologies: high-temperature resistant plastic material, lighter safety lock, and constant flow valve lighter technology.

These three technologies are the foundation that Li Dongling prepared for the Torch Group to settle down in the lighter industry. As long as these three technologies are conquered and patents are obtained, the Torch Group's survival is definitely not a problem.

Hearing Li Dongling ask about the constant flow valve lighter technology, a look of worry appeared on Zhou Wenyang's face, "It is currently still under R&D. The technology and requirements you requested, Mr. Li, are really too difficult. This technology involves more than a dozen disciplines such as materials science, mechanics, fluid dynamics, etc.!

Now the entire technical department is cooperating with Hanxi Jiaoda, Qiantang University, and the Huaging School of Physics, and is also contacting and cooperating with foreign mechanics and fluid research institutions. For this technology, the universities and research institutions currently cooperating have exceeded 18, and the R&D funds invested have already exceeded 17 million RMB!"

If the high-temperature resistant lighter shell and lighter safety lock still have a clue, even if they can be experimented out by trial and error, then according to the requirements proposed by Li Dongling, when the R&D of constant flow valve lighter technology began, it really made Zhou Wenyang's head big.

This thing sounds inconspicuous, but when it really started R&D, Zhou Wenyang knew how difficult it was. In desperation, Zhou Wenyang recruited more R&D personnel in physics, mechanics, and fluid science to join, and also cooperated with more universities and R&D institutions. The funds were splashed out like water. To be honest, for Zhou Wenyang, whose monthly salary was only a few hundred yuan two years ago, when 10 or 20 million in R&D funds flowed through his hands, he was a bit numb...

If the constant flow valve lighter technology was not proposed by Li Dongling, Zhang Xiaocheng, and the other two major investors of the Torch Group, Pingyang Municipal Government and Hanxi State Investment, would have stopped this R&D long ago.

"Brother Li, does this constant flow valve lighter technology really exist? Should we suspend R&D first?!" Zhang Xiaocheng couldn't help but hesitate at this time.

Li Dongling glanced at him and said in a cold voice, "Regardless of whether it exists or not, the Torch Group must develop it. Otherwise, what do you think the 1 billion RMB investment is for?!"

(End of chapter)