Countercurrent 1982

With the lessons learned from Bell Labs, Duan Yun will naturally not repeat the mistakes of history. Capitalists generally lack a sense of social responsibility. They only care about short-term profits, and maximizing profits is their fundamental need. The progress of this is not in their consideration at all.

In addition, Telling Group, as a technology company, invests a lot in research and development of new product technology every year. Since ten years ago, Telling Group will invest 5.5% of its annual profits in product research and development, while other domestic companies The proportion of enterprise R&D investment is only about 2% to 3%, and some enterprises are even less than [-]%. Tianyin Group invested very high in R&D at the beginning of its establishment.

After entering the 90s, Duan Yun's Tianyin Group's annual research and development funds accounted for more than 8% of its total profits. Last year, the total research and development funds exceeded one billion. And state-owned enterprises, it is definitely the only one. Today, the total number of technicians responsible for R&D in the Today Audio Group has reached 1.8, and five R&D centers have been established in Shenzhen, Guangzhou, Shanghai, BJ and Shenyang, and in Hong Kong. Regions, Germany and the United States have also established relevant overseas research institutions, and the undergraduate rate of all scientific researchers is as high as 92%, and the remaining 8% are also trained from the front-line technical departments of enterprises, which has a high gold content.

In addition, in terms of R&D patents, Telling Group applied for a total of 877 patents last year, just the cost of patent applications.It has already reached more than 500 million US dollars. These technical patents have become the technical competition barrier of Tianyin Group, which makes it have a very strong technical advantage in China. Facing the competition of foreign-funded enterprises, it still seems to be able to do a job with ease. Enterprises cannot match.

If Duan Yun accepts the invitation of American capital to package Tianyin Group into the market, it will indeed bring Duan Yun a huge amount of wealth in the short term. It is much higher than other domestic companies, which will inevitably cause dissatisfaction with those foreign capitals. What they need is the commercial value of Tianyin Group as soon as possible in a short period of time. Just like Bell Studios before, all technical personnel are required to only Research and develop profitable products, but give up some potential and forward-looking technologies. The final result is that Tianyin Group no longer has the awareness of advanced research and development, and thus becomes a mediocre technology company.

And for Duan Yun himself, he already has a very considerable wealth, and he can't spend it all in this life, so the increase in wealth now is just a change in a series of numbers in the bank to him, and it can't bring him money. More sense of accomplishment and happiness, so it doesn't make much sense for the company to gain huge wealth without going public.

In later generations, many top rich people said that they did not love money. This sentence sounds a bit nonsense to outsiders, but it is actually half-truth. With that kind of joy and excitement, his quality of life is already at a very high level, and no matter how much money he has, it is difficult to improve it.

But Duan Yun still chose to receive Roach's visit warmly, not because of the Wall Street capital behind him, but because Duan Yun was very interested in Roach. Through communicating with Roach, Duan Yun was able to Understand the current US capital and business markets at a higher level, and you should be able to learn something.

After resting in the Tianyin Group's guest house for two full days, Duan Yun immediately arranged for Luo Qi and his party to visit the Tianyin Group.

During this visit, Duan Yun only arranged for Luo Qi and others to visit the electronics factory of Tianyin Group, and the R&D center in Baoan County. In addition to these two places, Luo Qi and others will also visit and Tianyin Group has a cooperative relationship with Shangbu Industrial Zone Electronics Factory, which has the largest DVD and VCD production line in China.

As for Tianyin Group's most core chip factory, Duan Yun didn't plan to arrange a visit for them. On the one hand, it was because there were many electronics experts traveling with Roach this time. Considering the secrecy and sensitivity of the chip industry, Especially some high-precision lithography machines and other instruments secretly imported from Europe, so Duan Yun didn't want the Americans to be alert to this.

On the other hand, Telling Group currently sells only DVD and MP3 products in the United States, so it is enough to show the production line and technical level of these two products, which is enough to arouse the interest of these Wall Street investors, and there is no need to show more Strength.

In fact, in recent years, not only some international companies, but even domestic companies in the United States have gradually been eroded by Wall Street capital. Due to the short-sightedness and greed of capital, many high-potential technology companies in the United States have gradually emerged in terms of development. The recent performance of Jigong is obviously contrary to the scientific research industry's emphasis on accumulation and invention. It may bring dazzling prosperity in a short period of time, but it is not conducive to the long-term development of these companies.

Duan Yun needs funds from Wall Street to expand their strength and influence in the US branch, but he doesn't want them to affect the Tianyin Group's body, so this arrangement is also intentional.

The visit on the first day really surprised Roach and his team. Obviously, Tianyin Group's production line and R&D scale are much stronger than they imagined. What surprised them most was that it was a Chinese company. The company has a lot of foreign experts, and the foreign experts are mainly from the former Soviet Union. Through Roach's inquiry, they learned that these Soviet experts are not small. Many of these top experts are actually concentrated in this Chinese enterprise.

Another thing that shocked Roach is that Tianyin Group is very different from other Chinese companies in that this company has cooperated with some multinational companies in Europe and America many years ago, including A series of well-known multinational companies such as Western Digital, IBM, and Volvo have established their own Internet companies shortly after the introduction of the Internet in China. Their technical level and website scale are not inferior to those of local Internet companies in the United States. It also made some American experts traveling with Roach feel unbelievable.

It can be said that this visit to Shenzhen made Luo Qi and his team discover this "treasure" company in China, and the investment value of this company is far higher than their imagination.