Chapter 594 Old Jiang is floating
The father-in-law and son-in-law talked about charity for more than ten minutes.

"Fanfan told me today that you plan to integrate smartphone peripheral products and start a new company?"

The previous conversation was just an appetizer, and what is starting now is the main topic.

"Dad, I do have this plan. I'm also writing a business plan. I'll send it to you later."

“That’s a good idea.”

Jiang Yuanshan nodded and said, "I just think that a company like this that does creative design should be located in Shanghai. After all, talents in this field are scarce, and it would be difficult to recruit them in my hometown."

"You are right. I do have this plan."

While Jiang Fan was away, Luo Yang took out a cigarette, handed one to his father-in-law, and helped light it.

“But not all of it, just the product design part.”

Luo Yang replied with a smile: "All the world-renowned large companies do this. They put R&D and design in big cities, and production in suburbs or remote industrial areas. Some even separate them across countries. This is the trend of the future. For example, your new energy battery business, the future R&D center will not only be in Shanghai, but also in some regions of Europe and North America to attract talents nearby."

“You mean the wave of globalization?”

Jiang Yuanshan said with emotion: "I will be satisfied if I can see this happen before I retire!"

Globalization?
The future is hard to describe.
Even though he could see certain trends, Luo Yang still didn't say much about it, but instead changed the subject.

"Dad, has the matter with Uncle Tang been finalized?"

"It has been reported. If nothing unexpected happens, it should be successful."

Jiang Yuanshan's attention was diverted: "Old Tang has been keeping a low profile recently. If you have any problems, wait a while before talking to him. There's no rush."

"What can happen to me?"

Luo Yang knew what his father-in-law had misunderstood, and explained with a smile: "There will be no trouble in my hometown for at least a year. Several goals for the second half of the year are very clear. The first is to establish a group company, and the second is to establish the new company we just talked about. The rest of the energy is to smoothly promote the several started projects."

“You have quite a few projects to advance.”

Jiang Yuanshan flicked the ash into the ashtray, then looked at his son-in-law and said, "The construction of the new factory area of ​​the garment factory, the construction of the first phase of the Guangfan wind energy project, the construction of the group headquarters building, the construction of the second phase of the Deyang Motor plant, the launch of the Xishu cultural tourism project, and the launch of the Xishu tourism real estate project. In my opinion, the speed of establishing the group company is still slow."

“It’s already speeding up.”

Luo Yang nodded and said, "We will try to complete the integration before October."

"You really have a lot of energy."

Hearing his son-in-law's reply, Jiang Yuanshan couldn't help but sigh: "From the time I entered the business circle to now, I have been tossing around for more than 20 years. I have been busy until now and have only developed three industries, which are somewhat related to each other. Even so, I still feel that I can't manage it all."

"Isn't it more than that?"

Luo Yang smiled and interrupted: "Yuanfan Group has 9 subsidiaries, covering a wide range of industries."

"There is a fundamental difference between you and me."

Jiang Yuanshan waved his hand and said, "It's called a subsidiary of the group, but in fact, the highest share I hold is no more than 20%. In terms of management, apart from sending a financial supervisor, I don't interfere with other matters at all. It doesn't take up my energy at all."

What he said was absolutely right. Even though most of the subsidiaries suffered losses every year, Jiang Yuanshan never asked about their business management conditions.

There is not much difference between having that little bit of shares and not having them.

Some things may have to wait until Jiang Fan and Luo Yang are officially married before they can be discussed in depth.

Jiang Yuanshan continued his previous topic and said, "You've started from scratch for more than three years and founded more than a dozen companies, some of which are not even related to each other. You actually still have the energy to enter new industries. I'm curious, are you not affected at all?"

"Now we are competing for the track, and we can't take care of the details. We just need to occupy the market first."

Luo Yang talked about his thoughts on managing a company: "At present, several emerging industries are in the early stages of take-off. There is a huge amount of capital watching from home and abroad. Once a track is found to be profitable, funds will quickly enter this track. Once the pace of the front runners slows down, the first-mover advantage will be gone, and sooner or later they will be killed by latecomers and capital. Only by becoming the undisputed leader of this track, or the top group, can you have a basis for survival, or become a target favored by capital."

Looking at his son-in-law who was talking so eloquently, Jiang Yuanshan smiled.

Not only that, he also savored the meaning of these words and benefited greatly from them.

"Luo Yang, according to what you said, what is the current status of the three industries under Yuanfan Group?"

Combining theory with practice, Jiang Yuanshan also cares about his own foundation.

"Both battery vehicles and new energy batteries are not weak, and they are already among the top five domestic similar products."

Luo Yang said truthfully: "There is no way to deal with photovoltaic panels. Previously, the main technology was in the hands of Omi Company. Our domestic companies only occupied the production end relying on abundant labor. Therefore, the scale of enterprises depends on the strength of financial strength, and has little to do with the time of entry and the technology mastered by themselves."

After all, no one has core technology, so they can only compete in investment scale.

Whoever invests more money will have a larger company and a larger market share.

“So, is there going to be a major reshuffle in this industry in the future?”

Jiang Yuanshan has a keen eye and saw the essence of the matter at once: "In the future photovoltaic industry, whoever masters the core technology and has strong financial strength will be able to occupy the top position in the entire industry."

"The key is still core technology."

Luo Yang continued his father-in-law's words: "Even if it is just one of the key indicators, once a patent moat is formed, even if we can't be the leader, at least we can still have a meal."

"Is this also the reason why you have been urging me to increase investment in research and development?"

Jiang Yuanshan thought about what happened back then.

At that time, the demand for photovoltaic panels in the domestic and European markets was so great that Jiang Yuanshan planned to build a new factory, prepare multiple production lines, and expand production capacity.

It was at that time that Luo Yang sang a different tune. He believed that production capacity should not be expanded blindly at this time, but funds should be invested in technological research and development. For this reason, he was once misunderstood by Jiang Yuanshan.

Now it seems that the son-in-law's advice was correct.

Thinking of this, Jiang Yuanshan couldn't help but ask Luo Yang for his opinion: "Do you think the market for electric vehicles will continue to grow in the future?"

"Yes, there must be!"

Luo Yang answered confidently: "Although the market is now flooded with various brands of electric vehicles, and the industry track is also crowded with many large, medium and small companies, there is a metaphor that may describe my answer."

"What kind of metaphor?"

Jiang Yuanshan was so curious that he even stopped the teapot in mid-air and forgot to add tea for his son-in-law.

"Nokia, Motorola, Samsung, Ericsson and other mobile phone brands have occupied most of the communications market. However, with the upgrading of technology and the emergence of smartphones, the market is still the same, but the market share and prospects have undergone earth-shaking changes."

Luo Yang continued to explain in depth after giving an example: "The same is true for the electric vehicle industry. With the development of new energy battery technology, technical indicators in all aspects, whether it is full-charge mileage or charging speed, will be improved by leaps and bounds, and new products will replace old products."

Simply put, it is product upgrading.

Apple 4 was a groundbreaking product, but from 5 to 15, there was no revolutionary technology. It was just an upgrade on the original basis, and it still sold well.

"It seems that I will have to increase my R&D investment in new energy batteries."

Jiang Yuanshan once again hit the nail on the head. "Yes, battery technology is also one of the core components of future new energy vehicles."

Luo Yang echoed, "Although we plan to enter the new energy vehicle industry in 2-3 years, we can prepare for battery research and development in advance."

"You mean the Magic City wants to increase its investment?"

"Ok!"

Luo Yang nodded and said, "Dad, I have an idea. Starting from this year, we will increase the R&D investment by 8000 million to 1 million yuan each year. As for the funds, we will follow the equity ratio of the company in Shanghai."

He also has his own reasons for increasing so much R&D funding.

For example, the power batteries for drones need to be continuously upgraded, and the power batteries for electric vehicles on Jiang Yuanshan's side also need to improve their performance. These can all be done in parallel during the research and development of power batteries for electric vehicles.

“Well, it’s time to increase investment.”

Jiang Yuanshan agreed with his son-in-law's point of view, but there were also some disagreements: "Now the company has already invested a lot of money in R&D. If it increases again, the number doesn't have to be so large. I think before the new energy vehicle project is launched, an additional 5000 million yuan per year will be enough."

The reason for reducing investment funds is also a last resort.

The Guangfan wind power project has set up a research and development laboratory in advance, and the investment is not a small amount of money. The photovoltaic industry also has a new technology research and development laboratory, which also requires a considerable amount of expense.

In addition to the R&D funds for new energy batteries, we jointly established a drone power battery R&D project with Luo Yang.
Lao Jiang is also having a hard time now.

“That’s 5000 million per year.”

Luo Yang immediately agreed with Jiang Yuanshan's opinion.

Yuanfan electric vehicles are not on the market yet, and Lao Jiang's money mainly comes from the company's own revenue and banks. It will take one or two years for the stock market to be added to the financing channels, and then the funds from his father-in-law will be a little more sufficient.

"Now it seems that I am really envious of the two cash cows under your control!"

Luo Yang’s current financing channels also mainly rely on banks, but his cash flow is much more abundant than Jiang Yuanshan’s.

The reason lies in the clothing industry and milk tea industry he started three years ago.

"Dad, I envy you."

Luo Yang said, "If I could be like you, with three promising businesses in my hands, I would take Fanfan around the world every now and then, instead of running back and forth between Magic City and Yang City every week like I do now."

"Yeah, it's ok for us men to be busy, but I owe Fanfan a lot in the past few years."

Speaking of his daughter, Jiang Yuanshan's eyes softened a lot: "Luo Yang, you may not know that I originally planned to let Fanfan study abroad for two years. I didn't expect her to be exposed to corporate management so soon."

"We try to have children as soon as possible so that they can take over the business as soon as possible."

Luo Yang smiled and said, "Fanfan and I can retire early and travel around the world."

"Hahaha"

Jiang Yuanshan burst into laughter after hearing this.

"By the way, Dad, I'm acquiring a security company in Magic City."

Since he was talking about traveling around the world, Luo Yang also mentioned the security company: "I plan to build a training base in Yang City. You are familiar with the whole city. Do you have any good places to recommend?"

"You are quite fast."

This matter was mentioned during their last chat, and Jiang Yuanshan was not surprised.

He thought for a moment and then raised his head: "You know what, there really is a good place. If I have time tomorrow, I will take you there to have a look."

Luo Yang's interest was immediately piqued.

"Don't be so impatient."

Seeing his son-in-law's expression, Jiang Yuanshan laughed again: "The place I'm thinking of takes about 40 minutes to drive from the city. It's on the edge of Taihu Lake. It's a holiday sanatorium with a large area."

"A holiday sanatorium?"

Luo Yang became even more curious: "Ready-made? Poorly managed, so you plan to transfer it?"

"It should be idle now, and we don't know if there are any people inside."

Jiang Yuanshan shook his head first, then explained: "There are two in total, not far from each other. They are resort sanatoriums set up by Daqing and Shengli Oilfield on the shore of Taihu Lake. I went there once a few years ago. At that time, there were still a few places such as hotels and canteens in operation."

"Daqing and Shengli Oilfield?"

Luo Yang thought thoughtfully: "Doesn't the property rights of that holiday sanatorium have anything to do with Yang City?"

"Yes, the property rights should be in the hands of the oil field. It is very large and the facilities are more complete than you can imagine."

Jiang Yuanshan raised his head slightly, and described as he recalled: "There are old-fashioned red brick buildings in the hotel, restaurant, dormitory, cinema, dance hall, swimming pool, hospital, and library. I estimate that it covers at least three or four hundred acres."

"Dad, if the ownership is in the hands of the oil field, it would be a bit complicated to acquire it."

If it were in the hands of local governments, it would not be too difficult for Jiang Yuanshan or Luo Yang to take it over. However, Daqing Oilfield and Shengli Oilfield are state-owned enterprises at the bureau level. It's up to them whether they will pay attention to you or not. Just finding people and running around is a hassle.

“It’s a good place.”

Jiang Yuanshan also knew it was troublesome, but he really liked places like this: "It would be great if there were still people left there, so I wouldn't have to go around in circles looking for someone."

"Dad, why don't we go over and take a look tomorrow morning."

Luo Yang's interest grew stronger: "Let's take Fanfan with us, and treat it as a short trip. If we can meet people who are left behind, we can also ask around."

"Where to travel?"

Jiang Fan just came in with a fruit plate and heard half of the conversation: "Dad, Luo Yang, where are we going to travel?"

"Keep it secret!"

Luo Yang smiled mysteriously.

"Dad, eat some fruit!"

Jiang Fan used a toothpick to pick up a piece of apple and stuffed it into Jiang Yuanshan's mouth, while looking at Luo Yang with a provocative look.

Lao Jiang suddenly smiled so hard that his mouth widened.

While eating the apple that my daughter fed her, I explained to her where we were going the next morning.

He also looked at his son-in-law with a smug look from time to time.

Gee.
Lao Jiang, you are drifting!

(End of this chapter)

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