Black technology: a super empire spanning two worlds

Chapter 347 [From Model 9073 to Model 9901]

Lingjing Technology released its better-than-expected third-quarter financial report. After the weekend, on Monday, October 21, Lingjing Technology's stock price opened sharply higher and closed up 11.20% at 490.53 yuan.

It broke through the historical high of 483.98 yuan on Tuesday, October 8, the first trading day after the National Day holiday, and set a new historical high. The company's total market value also climbed to 42.578 trillion yuan.

Likang Technology, listed on the neighboring Beijing Stock Exchange, is even more aggressive. After hitting the daily limit on Friday, it opened higher and continued to rise on Monday, closing with another 30cm limit up, marking its third consecutive limit up since the adjustment after the National Day holiday.

The company's stock price surged to 3418.36 yuan, becoming the stock with the highest par value in the history of A-shares, and its market value further soared to 15895.37 billion yuan.

The net worth of Zhou Chengyang and his wife has also skyrocketed. Together, they hold 39.58% of the shares in Likang Technology, which corresponds to a market value of 6291 billion yuan.

There is already a lot of discussion about whether founder Zhou Chengyang will become the new richest man in China. He personally holds 24.58% of the shares of Likang Technology, which corresponds to a market value of 3907 billion yuan. His personal net worth has made him the second richest person after Xiao Yu, with a difference of 350 billion yuan between the two.

Given Likang Technology's wild upward trend, it might overtake us tomorrow.

However, on Tuesday, Likang Technology's three-day winning streak came to an end. After opening higher, it experienced a deep correction, falling by -13.63%. Lingjing Technology, which had just hit a new historical high, also corrected by -4.76% on the same day, but the correction was not as severe as that of Likang Technology.

……

In the afternoon, at the headquarters of Lingjing Technology.

"This is a solution for elderly care institutions drafted by the HP Foundation team." Yun Shu came to Xiao Yu's office and handed him the documents she had brought.

Xiao Yu glanced at the document and nodded: "Okay, no problem, let's implement it like this."

As the Starry Sky Simulation Robot enters thousands of households, the market size of the elderly care industry will not only not increase, but will shrink instead.

Because in the future, both children and retired elderly people will generally choose to spend less than 2 yuan to buy a Liuguang Xingyu lifelike robot to take care of them at home, instead of going to nursing homes or old people's homes to spend their old age.

The Flowing Star Language Robot can clean rooms, do housework, and take care of people.

Most importantly, the price isn't expensive.

At this moment, Xiao Yu put down the documents and said with a smile, "In my opinion, the 9073 retirement model will become the 9901 model in a few years."

The so-called "9073" elderly care model was first proposed in Shanghai in 2005. It was then incorporated into the national policy framework and promoted nationwide. Since then, most local elderly care service system construction plans have followed this target framework.

That is, 90% of the elderly live at home, 7% live in the community, and 3% live in nursing homes.

The "9901" that Xiao Yu mentioned means that 99% of the elderly will age at home and be cared for by the Liuguang Xingyu series of simulation robots, while the number of elderly people living in nursing homes will be less than 1% of the total elderly population.

Many private and public elderly care institutions will close down in the next five years or so, which coincides with the widespread adoption of the Liuguang Xingyu simulation robot.

At that time, only one organization will remain to maintain the operation of the remaining nursing homes, namely the public welfare nursing homes under the HP Foundation, which accounts for less than 1%.

Although the lifelike dolls are inexpensive, they still pose a significant financial burden for some low-income families.

These most vulnerable groups at the bottom of society cannot afford the costs of privately-run elderly care institutions, so they can only rely on the assistance of public welfare elderly care institutions under the HP Foundation.

Since there's no money to be made, private institutions will definitely close down.

In addition, there are some people who have fallen from the middle class back into poverty, or who have become penniless and destitute in their old age due to other reasons. This group is small in number, but it certainly exists. This group will be less than 1% of the "9901" group in the future.

The non-profit elderly care institutions under the HP Foundation target this group of less than 1%, with the number estimated to fluctuate around 200 million. This number is entirely manageable by the HP Foundation five years from now without any financial burden; the annual budget of approximately 1125 billion to 1200 billion is definitely not a problem for the HP Foundation five years from now.

After a moment, Xiao Yu turned to Yun Shu and instructed, "Also, give your cousin-in-law a heads-up and ask him to prioritize allocating some production capacity to the HP Fund, about 8.5 humanoid robots. They don't need to be delivered all at once; just produce a few thousand each month. It's impossible for hundreds of elderly care facilities to be established all at once; just keep up with the implementation schedule."

Yun Shu nodded: "Okay, I'll call him in a bit."

The HP Foundation plans to establish 640 public welfare elderly care institutions in Linzhou City. Each institution will need approximately 130 nursing care robots, totaling a demand of 8.3 robots for all 640 institutions.

For the product "Flowing Star Language", this quantity is just a fraction.

"It's about time to play the good cop/bad cop role." Xiao Yu pondered for a moment, then looked at Yun Shu and instructed, "Have the HP Foundation announce the plan for this public welfare elderly care institution project, then spread some rumors that the Flowing Star Language simulation robot will enter all walks of life, making everyone even more anxious."

……

The following day, Wednesday, December 23th.

HP Foundation announced a major initiative to add a public welfare project for elderly care, planning to establish 640 large-scale elderly care institutions in Linzhou City, providing public welfare elderly care services to the 32 elderly people from low-income families and the elderly living alone in Linzhou City.

From the date the project plan is announced, the application channel will be open. Specific groups of people who meet the requirements can apply. Once approved, they can be arranged to move in for free after the nursing home is built and put into operation.

To put it simply, as long as you're willing to come, you can stay for free until you're buried; everything will be arranged for you clearly.

However, it must be within a specific group of people who meet the requirements.

HP Foundation also announced that it will purchase 8.5 Starry Sky lifelike robots to replace human caregivers in nursing homes.

In addition, we are also officially recruiting a large number of staff, including directors and deputy directors of elderly care institutions; personnel responsible for daily administrative affairs, financial management, and human resources management; medical staff responsible for the daily medical diagnosis and treatment of the elderly and handling emergency medical matters, etc.

A total of 640 elderly care institutions are expected to create 1.28 to 1.4 jobs.

Under normal circumstances, 640 large nursing homes would need at least 5 jobs to operate normally without the Starry Sky Simulation Robot replacing caregivers.

The largest number of caregivers have been replaced by lifelike robots, so naturally, not so many people are needed. Around 1.4 people are enough, and on average, each elderly care institution only needs 20-22 people to ensure daily operation.

However, due to the sheer number of jobs, 1.4 is still a very large number, indicating a significant talent shortage.

In a city like Linzhou with a population of over eight million, there are only about 35 to 50 traditional nursing homes, and the number of elderly people is less than 2.

However, the HP Foundation operates free nursing homes as a non-profit organization, which are geared towards the most disadvantaged and resource-poorest groups in society. This means that a portion of resources is redistributed to these disadvantaged groups for free elderly care.

If it's free, they'll definitely come.

Xiao Yu also forwarded the HP Foundation's announcement on his personal Weibo account to help promote it.

This news immediately became a hot topic in the news and attracted tremendous attention from the outside world.

……

(End of this chapter)