Reborn since 1993

Chapter 1250 Orange Growing East
At this moment, Guan Zhenming truly felt immense pressure. He could sense that Li Dashanren's expectations for the future of Chitu were much greater than he had imagined.

The greater the expectation, the greater the disappointment when it comes.

Guan Zhenming knew that if the Red Hare under his command went further and further away from Li Dashanren's expectations, then he might be at risk of being dismissed.

Of course, once Red Hare grows up, Guan Zhenming will also reap huge benefits.

Everyone at Dongling High-Tech knew Li Dashan's character; he was always generous, especially towards those who had made contributions, for whom the rewards were beyond imagination.

According to Dongling Hi-Tech's style, working at Dongling Hi-Tech for ten years may be very tiring, but what you get in return is more than what you would earn working as a beast of burden for twenty years at a competitor!
Guan Zhenming is certain to receive the equity incentives from Chitu in the future. Once the company goes public, achieving financial freedom and becoming a billionaire will not be difficult.

The ball is now in Guan Zhenming's court. Whether he is a wolf or a dog, a hero or a coward, depends on his own performance!

After giving his instructions, Guan Zhenming left first, but Li Dongling kept Ji Youren, the head of Kunpeng Power, behind.

"Kunpeng Power's research and development on batteries for electric bicycles cannot stop!"

Li Dongling looked at Ji Youren and said, "Lead-acid batteries are not the future of power supply for electric bicycles!"
The era of lithium batteries is dawning, and no one knows whether future mobile phones, computers, electric bicycles, or other electronic products will adopt lithium batteries.

But Kunpeng Power absolutely cannot miss the lithium battery era!
Whoever masters lithium batteries may well be the future energy king, and I hope Kunpeng Power will achieve that.

In fact, Li Dashan's expectations for Kunpeng Power are even higher than those for Chitu, since Chitu's industry is fixed and it is difficult to break out of its niche.

Kunpeng Power is different. As long as it masters lithium battery technology, it can supply batteries to various industries such as mobile phones, computers, tablets, electric bicycles and even electric vehicles!

"Does Mr. Li believe that lithium batteries will become the mainstream in the future energy market?"

Ji Youren asked Li Dongling. As a founder with a scholarly background in technology, Ji Youren was very sensitive to the direction of technology.

Or rather, for someone like Ji Youren, technology is not insurmountable; the key is to bet on the direction of technology.

Technological backwardness can be caught up with, but if the research and development direction is wrong, the whole game will be lost, and there will be no chance to regret it.

In terms of skill books, Japanese companies are considered authorities. However, in many industries, they started early but ended up late, ultimately only able to watch others reap the rewards.

"In the current lithium battery market, Japanese companies are in control. Akira Yoshino created the first lithium battery prototype in the 1980s, and he has a good chance of winning the Nobel Prize in Chemistry for this research!"

Ji Youren, being from an academic background, has a thorough understanding of the cutting-edge technologies in the battery industry.

"Currently, in the lithium battery industry, companies like Nikkei, Sony, Panasonic, and Toshiba are in the leading group."

Samsung and LG from South Korea are catching up and are considered the second tier. As for the domestic Chinese market…

Ji Youren frowned slightly and then said, "Currently, only a few manufacturers, such as BYD, are conducting research and development on lithium batteries."

"If Kunpeng Power bets on lithium batteries, it will have to compete with companies from Japan and South Korea."

The thought of competing with companies like Sony, Panasonic, Toshiba, Samsung, and LG, and the fact that the head of Kunpeng Power is currently still relatively unknown, makes one's scalp tingle.

His academic background is an advantage, allowing Ji Youren to make better judgments about technology. To put it bluntly, it's virtually impossible for his subordinates to deceive him on technical matters.

However, sometimes being too rational is not a good thing. Based on his analysis on paper, Ji Youren felt that Kunpeng Power was unlikely to be able to compete with companies like Sony.

Upon hearing this, Li Dongling chuckled lightly, "If lithium batteries are the future, then Kunpeng Power's competitors might be South Korean companies, or even domestic ones, but certainly not Japanese companies..."

In the end, the philanthropist Li shook his head.

Upon hearing Li Dongling's words, Ji Youren was taken aback, wondering why the great philanthropist Li would make such a judgment.

"What does President Li mean?" Ji Youren couldn't help but ask.

"The Japanese have always been very protective of their own knowledge and technology, keeping their research and development as high-end technology for their own use and not easily sharing it with others."

Given the current cost of lithium batteries, large-scale production and promotion are necessary to reduce costs in order for them to gain popularity.

Will Benzene & Schering mass-produce lithium batteries?

Li Dashanren's words left Ji Youren dumbfounded, but upon reflection, he realized that this was indeed the style of Japan.

Sony is now selling phones, cameras, and laptops equipped with lithium batteries as high-end products, using the lithium battery gimmick to sell them at high prices and fleece consumers.

Sony, which hopes to raise product prices by selling lithium batteries, is unlikely to cut off its own source of revenue by mass-producing lithium batteries.

Once lithium batteries become ubiquitous and standard, how will Sony continue to sell high-priced products using them?
“Don’t worry about Japanese companies. It’s the companies like Samsung from South Korea that have always liked to engage in price wars. They are likely to become formidable rivals in the lithium battery industry. We need to prepare for this as soon as possible!” Li Dongling said, then looked at Ji Youren and said meaningfully, “In the future, lithium batteries may be used in more than just mobile phones, laptops, or electric bicycles. There may be a much larger market.”

I don't want Kunpeng Power to miss out on this opportunity!

Even after leaving the office, Ji Youren's mind was still replaying Li Dashanren's words.

If lithium batteries truly represent the future, then Kunpeng Power will definitely spare no expense to mass-produce lithium batteries, reduce costs through large-scale production, and begin promoting them to seize the market!
It's not just about lithium batteries used in electric bicycles. Who says that lithium batteries for mobile phones, laptops, and cameras can only be produced by Japanese companies, and that Kunpeng Power can't manufacture them?

Since Mr. Li has put it this way, regardless of whether lithium batteries are the mainstream in the future, Kunpeng Power must make a bet on them.

If the bet is wrong, Kunpeng Power will suffer losses, but with Dongling High-Tech by its side, there is still a chance to make a comeback.

But if Li Dashanren has reminded them, and Ji Youren and Kunpeng Power don't take it seriously, then with the arrival of the lithium battery era, it won't be a matter of technical route, but rather whether Ji Youren can still stay in the position of head of Kunpeng Power!

What really piqued Ji Youren's interest was Li Dashanren's last words: if the era of lithium batteries arrives, there will be an even larger market than mobile phones, computers, cameras, and electric bicycles.
Mr. Wang, the owner of BYD, brushed past Ji Youren, who was walking hurriedly with his head down. Mr. Wang glanced at Ji Youren with some curiosity, wondering why he had such an expression.

"Mr. Li!"

After Mr. Wang entered, he greeted Mr. Li with a respectful expression.

No matter what BYD becomes in the future, Dongling High-Tech will always have been a benefactor in BYD's history.

The first order that Mr. Wang placed with BYD was from Dongling High-Tech, which directly propelled BYD to the ranks of the top three battery giants in Asia and even the world.

Before the Chitu electric bicycle, all of Dongling High-Tech's products that used batteries were ordered from BYD!
Even BYD can now secure laptop battery orders from international computer giants such as Dell, Compaq, HP, and IBM.

However, nearly half of BYD's orders each year still come from Dongling Hi-Tech.

If BYD wants to shed the label of "Dongke Group," it will take many, many years. Of course, Mr. Wang (the founder of BYD) has no intention of doing so at present.

"sit!"

Facing the boatman, Li the Great extended his hand and invited the most representative leader of the Dongke Group to sit down.

"Mr. Li, BYD is currently expanding its production of batteries for Shenzhou Global Mobile phones from Dongling High-Tech."

BYD can guarantee the supply of batteries for Shenzhou mobile phones!

After sitting down, Mr. Wang got down to business first. His reason for coming to Pingyang was to supply batteries for Shenzhou mobile phones to Dongling High-Tech.

The upcoming release of the Shenzhou mobile phone was not kept secret from core component suppliers in the Dongling High-Tech component supply chain, such as BYD.

After all, there are no secrets to speak of; mobile phone batteries are really no secret to BYD.

"BYD's mobile phone lithium batteries are still under development. Sony, Panasonic, and Toshiba hold too many lithium battery patents. It will take BYD a lot of time to bypass these patents and develop its own technology."

Mr. Wang said to Li Dongling that the batteries BYD supplied for Shenzhou mobile phones this time were still nickel batteries.

Aside from technical issues, the main problem is cost. Sony and Panasonic sell a mobile phone lithium battery for $40.

A nickel battery, once mass-produced by BYD, could be reduced to a cost of seven US dollars.

This means that even if the Japanese hype up lithium batteries to the skies, they can only be used in high-end mobile phones and will never become widespread.

"Next year, BYD should be able to begin trial production of mobile phone lithium batteries!" Mr. Wang said to Mr. Li.

Li Dongling nodded. "I believe in BYD's capabilities."

Li Dashanren has complete faith in BYD's strength. In his previous life, BYD had driven its competitors to the brink of suicide, and had driven down the prices of various so-called high-end car features. Brother Boatman's strength is absolutely beyond doubt.

"Mr. Wang's trip to Pingyang this time probably wasn't just about the phone battery, was it?" Li Dongling looked at Mr. Wang and bluntly stated his point.

Upon hearing this, Mr. Wang showed a slightly embarrassed expression, but then turned to Mr. Li and said seriously, "I plan to let BYD enter the car market at the right time."

I wonder what Mr. Li's opinion is?

After he finished speaking, Boss Wang looked at Philanthropist Li with trepidation.

(End of this chapter)