Reborn, back to a small county town to become a wealthy family

Chapter 818 Wait and see
"I also think this project has great potential."

Song Wan replied, "According to the progress just reported by Team Leader Li Weihua, Chint Technology Co., Ltd. is seeking financing, and our company is just in time to get involved."

What specific conditions?

Luo Yang then looked at Li Weihua.

"500 million, 30% of the shares."

Li Weihua immediately replied, "But the other party has a requirement that the voting rights can only be half."

In other words, Ling Shi Gong acquired 30% of Zhengtai's shares, but can only exercise the rights of 15% of the shares at the board meeting.

"We are simply optimistic about the industry's prospects, and our investment is aimed at obtaining higher returns. What would we need so many voting rights for?"

Luo Yang smiled and said, "It's like investing in stocks. Who would want to become a shareholder by investing in stocks?"

As soon as he finished speaking, everyone else in the conference room burst into laughter.

"Let's finalize this project then."

Once the laughter subsided, Luo Yang said, "I'll leave the follow-up contact and negotiations to your investment department."

Whether it's the old Ling Shi Gong or the restructured Ling Shi Gong Group, the regulations regarding project approval will remain largely unchanged: investment projects under 5000 million yuan do not require board review.

An investment of 500 million is something Song Wan could decide on directly, but she would need to inform Luo Yang first.

This is why Luo Yang was invited to attend this meeting today.

"Team Leader Li, please continue your group's report."

Because of the charging pile project they had just discussed, Luo Yang became curious about the second project they had their eye on.

Li Weihua then closed the first PPT page and opened another pre-prepared report.

"A robot vacuum cleaner?"

When the PPT was opened and Luo Yang saw the project name on the first page, a large disc immediately appeared in his mind.

He bought and used this thing too; it's quite convenient.

Moreover, according to his understanding, the market size is not small; the domestic market alone is worth about 20 to 30 billion yuan.

Although I have owned physical products, my understanding of the working principles of robot vacuum cleaners is still superficial. I only know that sensing technology and artificial intelligence technology are the key technologies required for this product, and I don't know much else.

So he didn't immediately express any opinion, but remained silent as Li Weihua explained the application technology features and market prospects of the sweeping robot using the PowerPoint presentation.

"Sensor technology is one of the essential technologies for robotic vacuum cleaners. Sensors can help robotic vacuum cleaners perceive their environment and recognize obstacles, thereby avoiding collisions and improving cleaning efficiency."

Li Weihua first described the concept of a robotic vacuum cleaner in simple language, and then began to explain several key technical indicators of the project.

"Generally speaking, commonly used sensors on the market today include laser sensors, infrared sensors, and ultrasonic sensors. Through these sensors, robotic vacuum cleaners can achieve intelligent perception of the environment and autonomous navigation."

Li Weihua explained at length: "Navigation technology is one of the key technologies for robotic vacuum cleaners to achieve autonomous movement and path planning. Through technologies such as laser navigation and visual navigation, robotic vacuum cleaners can identify ground conditions and obstacles in real time and adjust the cleaning path according to the actual situation, thereby improving cleaning efficiency. The continuous innovation and development of navigation technology enables robotic vacuum cleaners to complete cleaning tasks accurately in complex environments."

In addition to these, he devoted a significant portion of the text to the importance of image recognition, voice recognition, and other technologies for robotic vacuum cleaners. "The technology company we've been tracking, named Beidouxing, possesses its own intellectual property rights in sensor and image recognition technologies, and is relatively ahead of other domestic competitors, making it one of the more promising companies in this field."

Without being interrupted, Li Weihua continued in his own pace, saying, "Furthermore, their company is also independently developing visual navigation technology and voice recognition technology. If they can also make breakthroughs in these two technologies, they will have a significant competitive advantage, both in terms of product technology leadership and product cost control."

Mastering key technology patents and being subject to others are two completely different concepts.

The booming solar photovoltaic panel industry in China suddenly fell into difficulties, which is a vivid example.

Because a series of key core technologies are in the hands of European and American companies, they can interrupt the progress of our industrial development at any time. It is also for this reason that Jiang Yuanshan was forced to reduce the number of new production lines and invest a lot of money in the research and development of key technologies.

"Overall, the future market prospects for robotic vacuum cleaners are quite good, and it is a relatively niche market."

In concluding his report, Li Weihua systematically summarized: "Because not many people are currently paying attention to this project, there won't be many competitors, and they won't be very strong either, so it will be relatively easy to get involved."

"Mr. Song, what do you think?"

Luo Yang asked Song Wan for her opinion again: "Is this project worth investing in?"

Personally, I think this project is optional.

This time, Song Wan did not interrupt Li Weihua's report at all, and her expression remained calm when Luo Yang asked questions.

She replied calmly, "The company that Team Leader Li is tracking does indeed have some development potential. If we invest, we won't lose money, but I think it's unlikely to yield a multi-fold profit."

At this point, her gaze turned to Li Weihua.

"I still hold the same opinion as the previous internal review meeting."

Song Wan said directly, "Based on this assessment, I think if President Luo wants to have another technology company under his name, he can invest some money in it. However, if it's just for profiting from selling the shares later, there's no need to invest money."

Her expression was very straightforward.

If Luo Yang wants to have another subsidiary like Jiang Xiaobai, he can try investing in this industry. If he doesn't have that idea, he shouldn't get involved.

"Let's put it on hold for now."

The name "robot vacuum cleaner" sounds impressive, and it does indeed belong to a high-tech industry. However, in terms of the overall market size, or the ceiling for future large-scale development, it cannot be compared with the liquor industry at all.

After all, a market size of only a few hundred billion yuan is at most, while the liquor industry is a market of several trillion yuan, or even tens of trillions of yuan.

Since Song Wan felt that investing was optional, Luo Yang decided to temporarily shelve the project and continue to observe the situation.

Because the two projects presented in the group were of such high quality, he became increasingly curious about what the next projects would be like.

Especially Song Wan, who seemed completely unperturbed.

After all, as mentioned earlier, signing projects is related to subordinate bonuses, and the fact that they're not in a hurry now suggests that there's something even better coming up.

Luo Yang decided to wait and see.

(End of this chapter)