Reborn in America, I'm serious about making money.
Chapter 281 MRA Bankruptcy
Just as Dahua 36 was making waves in Hong Kong, attracting the attention of many, including Wall Street and the City of Hong Kong—in fact, the world's attention was drawn to it—it was only attracting their attention.
However, there is one company that is undergoing a massive transformation right now.
Compared to INTL, a chip giant, another company appears weak and powerless: MRA, a company located in the UK. Their research and development can be described as progressing rapidly. With no funding gaps, their research and development naturally has no problems.
This place is a hub for elite talent, attracting many due to its extremely high salaries. However, their research and technology are rarely commercialized, a fact not widely known. They are primarily focused on registering patents. It's fair to say that they hold the most patents globally for reduced instruction set computing (RISC) technologies, with registration locations including, but not limited to, Europe and the United States, as well as mainland China. The registered company is Extreme Core Technology Co., Ltd., located in Hong Kong.
Not long after, without anyone's knowledge, MRA, a company that brought together many of Britain's elites, quietly separated its laboratory from ARM and made it an independent laboratory. The salaries of those people were also paid in Hong Kong. The people in the laboratory explained: "You can pay less tax on the salary you receive in Hong Kong. We pay the basic salary here and the consultant salary there. In this way, you only need to pay 10% tax."
Although they don't know how it works, these research elites still approve of it because it means they can pay less tax.
After everything was divided, MRA filed for bankruptcy proceedings.
From the moment the bankruptcy application is filed, the process involves a series of procedures, including court acceptance, appointment of a bankruptcy administrator, asset valuation, creditors' meeting, formulation of a bankruptcy plan, approval of the plan, asset distribution, company liquidation, etc. It takes a long time to complete. Fortunately, MRA's creditors are relatively few, with only two: the former Middleland Bank and two overseas banks.
The debts are clear, but MRA is insolvent and will undergo a final split, with both parties dividing all of MRA's assets; as for the laboratory, it is a liability, and they haven't mentioned it, nor has anyone brought it up.
And so, the once-renowned MRA was split up, with many patents divided between the two banks.
If anyone wants to use these patents, they need to purchase a license from these two banks; otherwise, they can forget about using them. This is different from other high-tech companies; banks are like this.
A middle-aged man in his forties in Hong Kong, suffering from a terminal illness and said to have only ten years to live, was found by someone.
"Mr. Sima, hello. We are from the relief fund. We heard that you are suffering from malignant cancer, and we are deeply sympathetic to your plight."
The middle-aged man, with his white hair, was emaciated and had been tormented by a tumor for a long time, making him unrecognizable. However, he had no money for further treatment, so he heard that someone from a relief fund had approached him, wanting to help him.
"Oh, I'm sorry, it's difficult for you to speak right now. Please state your purpose."
The middle-aged man spoke with great difficulty. He was once a business prodigy who dominated the business world, but now... there are no filial children by the bedside of a chronically ill patient. His children have taken away his business, and he can do nothing about it. He is just a critically ill patient lying in bed.
Right now, he only wants to talk about practical things; he doesn't want to talk about anything abstract or frivolous.
"Mr. Sima, we can provide you with this special medicine every month for twenty years. After twenty years, we'll talk again, but we have one condition."
"Please speak."
"We have a foundation that we need you to take the lead in setting up. After all, you were once one of the leading figures in Hong Kong's business community, and we would like to use your name."
"Can."
A month later, Mr. Sima, whose hair had turned black and who had gained weight, stood on the stage of the press conference and said to the reporters with a beaming smile: "Without experiencing life and death, one cannot take fame and fortune lightly. At the moment when I was about to despair, I finally realized that I had lived a mediocre life. When my condition was brought under control, I made up my mind to do something meaningful for mankind. I want to do what I can for the well-being of mankind and for the future of mankind."
The audience erupted in applause, and the flashbulbs of cameras twinkled like stars in the sky. When the applause subsided and the hall fell silent, he began his speech.
"I want to dedicate my limited life to the boundless world of technology, I want to..."
A fund called Da Sima Technology Fund was established. It is a non-profit fund company that specializes in investing in high-tech research and development.
Moved by Mr. Sima's noble sentiments, the overseas bank that had just acquired half of the MRA patents donated all of them to the Sima Technology Foundation.
"Our Overseas Financial Group is an ordinary financial company with main business in Hong Kong, Europe, and the Americas. You can do business with us in the future, and we will serve you wholeheartedly."
Some say that overseas financial groups operate this way because they don't value these patents; the revenue they generate is too small, less than ten million Hong Kong dollars a year. However, they can use them to win.
After the establishment of the Da Sima Technology Fund, it did not attract global attention. There are many such funds, and most of them do not last long because they do not have the support of large funds and eventually disappear.
When he disappears, it will be an opportunity for other companies to buy those patents, use them to develop more products, and make more money.
However, some people still saw some information about the Da Sima Technology Foundation online and felt that this is true charity, far superior to other charities.
It was only after about fifteen years, when the Da Sima Technology Foundation issued a notice to its member countries around the world to use some of its patents free of charge, that the Da Sima Foundation became famous worldwide.
Among the most famous patents are several categories. One category is chips, with the Lightning CPU series being famous worldwide. Another category is lithography machines, which outperform many companies around the world.
What's strange is that offering these services free of charge to member countries has surprised many people. They're thinking, "Are they not even trying to make money? This is way too charitable!"
For the first time, they discovered that there were people in the world who offered this technology, which even Americans coveted, for free. How could that not make them feel uncomfortable?
Besides, they didn't have much of a plan. What could they do with a person who was about to die? Assassinate them? Cause a car accident? The person was already in the ICU. Could they drive a dump truck up to the tenth floor of a building?
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