The unparalleled talent of the country started from Harbin Institute of Technology

On Wednesday, March 1, 1989, the New York Stock Exchange was bustling with activity.

This week, Paramount's stock price plummeted, triggering a circuit breaker on Monday.

After opening on Tuesday, the market continued to fall, triggering multiple circuit breakers.

As of Wednesday, Paramount's market capitalization is only $4.2 billion, but it's not over yet and continues to fall.

The stock price shows no signs of bottoming out, let alone rebounding.

It's almost fair to say that Paramount stock is completely ruined.

The stocks and securities that everyone holds seem to have become worthless.

With a market capitalization of $4.2 billion, Paramount has naturally hit rock bottom.

When it was $11 billion, it was inflated, but it quickly fell to $4.2 billion, a drop of more than 61%.

terrible!

"Fuck, why isn't the price going up? Why not privatize it?"

"Damn it, my million dollars, now I've lost so much!"

"This is unbelievable, how could they do this?"

The retail investors who bought Paramount stock were all cursing and swearing.

A somber mood pervaded the market; everyone was very unhappy.

Unfortunately, nobody cares about them.

The stock market is risky, and investment needs to be cautious.

Many people don't think this statement is true. Everyone who enters the stock market believes that they can make a lot of money and then escape smoothly.

Little did they know that when they became greedy, they had already fallen into the trap of capital.

Wang Jianchao, Zheng Baoyin, Li Efra, and others gathered together to discuss the acquisition of a Hollywood giant.

The situation is now very clear: Paramount has likely failed in its attempt to acquire Paramount and is no longer able to make the acquisition.

The only solution is to ignore it.

If Paramount's buy orders show any unusual activity at this time, such as a steady increase, even if the amount is small, it may still attract the attention of Wall Street.

None of the capital on Wall Street is any good.

Everyone is keeping a close eye on Paramount, this big fish. In fact, some people may have already started buying at the bottom while Paramount's market value is extremely low.

The plan just hasn't started yet.

After a period of cooling off, we'll see how to proceed with Paramount's stock.

Thirty-five percent is still a very large share.

"Since we can't acquire Paramount, we can only target Universal Studios and 20th Century Fox. However, we've already negotiated with both of them, and the results haven't been very good."

Hearing this, Wang Jianchao and his team were immediately worried:
what is it now?
Qiao Hanliang said there's no need to rush, but it's impossible for him to be completely unhurried.

It's already March, and before you know it, it'll be April.

"Let's negotiate first. If necessary, we can use some underhanded tactics. Also, we need to pressure the acquisition teams to complete the acquisition as soon as possible; we can't delay any longer."

O'Brien said something, but Wang Jianchao shook his head and said:

"It's not that simple; this matter is very complicated."

"Especially now, Paramount has become the target of everyone's competition, and all the major Hollywood giants have been affected to some extent."

"Universal Studios and 20th Century Fox even revealed that Sony was also in contact with them."

With an additional competitor, Hollywood giants like Universal Studios will naturally demand exorbitant prices and won't easily lower them.

As a buyer, no one wants to be taken advantage of and pay a high price to acquire a film and television giant.

After all, as everyone knows, each of the eight major Hollywood studios is different; some have huge film libraries but average management capabilities.

Some have exceptional management skills, but their film library is only average.

Of the eight major Hollywood studios today, Disney is practically invisible because it's an animation film giant with no competitors.

Of the remaining seven giants, Warner Bros. has almost reached an agreement with Time magazine and is expected to announce a merger in a few days to form a new Time Warner.

Columbia Pictures, Universal Studios, and 20th Century Fox were contacted by Sony and Maple Leaf Holdings, respectively.

United Artists is so terrible, let's not even mention it.

MGM is now a toy of American gambling tycoon Kelco Rijn, who sold it twice and bought it back twice.

Through repeated transfers of ownership and several reckless acquisitions and expansions, MGM is now burdened with heavy debt.

With a debt of up to $1.2 billion, many people are hesitant to invest in MGM.

As for Paramount, well, it's already been targeted by Wall Street giants, and who knows what will happen next.

This is the current situation of the eight major Hollywood studios. What should be done?

Indecision, quantum mechanics.

The news reached Wang Duoyu, a graduate of Harbin Institute of Technology in Harbin.

After thinking it over, Wang Duoyu immediately gave the latest instructions:

"We'll abandon contact with Universal Studios and 20th Century Fox for now, and then approach MGM to discuss the acquisition later."

"Don't worry about Paramount's stock price for now. The Wall Street giants are more anxious than we are. Someone might try to take over Paramount at this time, but we don't need to rush. Just stay calm and keep a close eye on Paramount's trading volume."

Why should we keep a close eye on trading volume?

Only in this way can we ensure that our base won't be raided.

Regardless of whether Wall Street capital wants to acquire Paramount, Maple Leaf Holdings, which owns 35% of Paramount's shares, will either sell them at a high price or acquire them.

As long as there are no abnormalities in Paramount's stock trading volume, Maple Leaf Holdings still has a chance.

But it could take a month, three months, six months, or even one or two years, which is hard to say.

Hostile takeovers are fine, but you need to be skilled at them and strike first.

Unfortunately, Paramount is now widely known, making it extremely difficult for Maple Leaf Holdings to acquire it.

Hearing this, Wang Jianchao and the others could only nod in agreement.

Therefore, Maple Leaf Holdings then changed direction and began preparing for its next acquisition of MGM.

March 4th arrived, and a piece of news drew the attention of the entire Hollywood.

Time magazine and Warner announced plans to merge to form Time Warner.

The New York Stock Exchange immediately saw price fluctuations, with Warner's stock rising in real time.

However, soon after, the application to stop trading arrived, and many people who were unable to buy the shares were filled with regret.

Unfortunately, it was already too late; they were destined not to earn that money.

As Time Warner's news spread through newspapers, television, the internet, and other media, the whole world learned about it.

Strangely, Paramount's stock price actually rose slightly.

After all, recently, mysterious European capital (Maple Leaf Holdings) has been looking to acquire Paramount, and Sony has been looking to acquire Columbia or other Hollywood giants.

It seems everyone has agreed that Hollywood film giants are very valuable.

Paramount's stock price rose, but trading volume did not show any abnormalities.

In the short term, Wall Street capital probably hasn't made a move yet.

As long as the transaction volume is not high, it is simply impossible for Wall Street and other capital to acquire Paramount without Maple Leaf Holdings' knowledge.

After all, 35 percent of the shares is no small amount, and there aren't many shares available on the market.

As for the shareholders who now control Paramount, they will not sell it off at a market value of over four billion US dollars.

Reed Stone, representing MGM Studios and Maple Leaf Holdings, was engaged in lively negotiations.

"Your company has already identified liabilities of US$1.259 billion, which is no small sum."

"Furthermore, over the past five years, your company's annual box office revenue has only ranked fifth, sixth, or seventh among the Hollywood Big Eight, never once entering the top three."

"Of course, your only advantage right now is that you previously acquired the rights to the 007 spy movie. With that, MGM barely has any value. Other than that, hehe."

Seeing Reedstone's unwavering denigration of MGM and the cold smile on his lips, Michael, as the shareholder representative, was speechless.

Michael's boss is American gambling tycoon Kelco Rijn.

This gambling king had a very strong gambling instinct. In less than twenty years, he had already sold MGM twice and bought it back both times.

Why did he do this?

Simply unbelievable.

Anyway, nobody understands what the gambling king was thinking.

Today, MGM is heavily indebted, making it impossible for it to sell at a high price.

Reedstone's backers have given up on Paramount, and judging by the progress of the negotiations, they're probably keeping a close eye on MGM.

As for whether it was ultimately about the copyright of the James Bond spy movie, that remains unknown.

Less than two weeks later, Reedstone finally ended negotiations with Michael.

If the financial backers behind him want to acquire MGM, they must take on $1.2 billion in debt, and the acquisition price will be $2.5 billion.

Adding the $1.2 billion in debt, the total acquisition cost is equivalent to $3.7 billion.

This amount of money is not small.

The gambling king has already agreed to the deal, so all that's left is to sign the contract.

The contract was signed in less than a day, and the bank would complete the transfer within the next half day.

Transaction complete!

The following day, Pandora's head Wang Jianchao, Maple Leaf Holdings CEO Hela O'Brien, and Summit Global President Lee Efra all attended the press conference.

They simply came out to show their support and then invited Reedstone to speak as a representative of MGM.

As a result, everyone now knows that the people standing in front of this mysterious European conglomerate are O'Brien and his ilk.

But no one knows who the real financial backer is.

At the press conference, Reedstone stated that he represented Summit Global and other companies in completing the acquisition of MGM.

After the news appeared on television, in newspapers, and on the internet, Paramount's stock price on the New York Stock Exchange plummeted, falling below its previous market capitalization of $4.2 billion.

It looks like it's about to fall below four billion US dollars.

After all, MGM is a long-established Hollywood giant, yet the acquisition price was only $2.5 billion.

Even with the $1.2 billion debt, the total acquisition price is only $3.7 billion.

Stockholders voted with their feet, fleeing the market en masse.

For a time, Paramount stock saw a flood of sell orders, but almost no buy orders.

“Fake Squid!!!”

When Georgio Moreno, Paramount's largest shareholder, saw the news, he was so angry that he cursed loudly.

When he received the call and learned from the news in New York that Paramount's total market value had fallen below four billion US dollars, he was so angry that he smashed his PHS phone.

Bang!
The Toshiba-manufactured color TV was smashed instantly, leaving a huge hole in the screen.

Glass shards were scattered all over the ground.

Geor Moreno was furious because he felt he had been tricked by Maple Leaf Holdings.

He currently lacks sufficient funds; otherwise, he could take advantage of the current stock price crash to buy some shares on the secondary market.

Half a day later, the president of Goldman Sachs, one of the Wall Street giants, personally called Geor Moreno.

"Jay, would you like to transfer your Paramount shares?"

What price can you offer?

"Based on the current market value, how about we add another five percent?"

Paramount's current market capitalization is $3.95 billion. Adding 5%, or $4.148 billion, would allow them to acquire Georgio Moreno's stock.

"Fuck you, get lost!"

Upon hearing the price, Geor Moreno had no intention of continuing the negotiation. He angrily cursed and hung up the phone.

To say another word would be a waste of breath.

Wall Street is a ruthless place that preys on people; their greed is far greater than Georgio Moreno could have imagined.

In Manhattan, New York, the president of Goldman Sachs stood before the floor-to-ceiling windows on the top floor of a building, his face ashen.

"You dare hang up on me? Very well, very well indeed. Let's see if you're still so arrogant after I acquire Paramount."

With Paramount's stock price plummeting so much, now is the perfect time to acquire it.

Over the years, Wall Street giants have tried to enter Hollywood more than once.

However, most of them collapsed along the way.

One thing is very obvious: most of Wall Street capital has been deceived by Hollywood.

MGM is a typical example.

Moreover, with the continued rise in inflation and soaring prices, the salaries of many celebrities are also increasing.

This has led to a year-on-year increase in production costs, while box office revenue has not grown rapidly.

For example, last year's box office champion, "Rain Man," grossed $238 million worldwide.

The total investment for "Rain Man" was 20 million US dollars, which is not a very high investment, but the returns were quite good.

Tenth on the list is "Beetlejuice," which grossed $73 million worldwide, but its total investment reached $26 million, barely breaking even.

Therefore, by simply looking at Hollywood's box office rankings, one can roughly see that while Hollywood has produced many profitable films over the years, it has also produced far more films that have lost money.

We can't just watch others eat meat while turning a blind eye to the thief being beaten.

Of course, no matter what, Hollywood is a huge piece of meat.

Otherwise, Time magazine wouldn't have merged with Warner Bros. to become Time Warner.

Simply put, it means that Time magazine acquired Warner.

As the president of Goldman Sachs, he naturally wanted to acquire Paramount.

Making money is the top priority, and expanding Goldman Sachs' business empire is also a natural progression.

"Gather everyone immediately. I need to start a meeting in half an hour. Anyone who is late should submit their resignation."

Following the Goldman Sachs president's order, the secretary immediately began relaying it.

Half an hour later, everyone gathered in the conference room, and the president immediately raised a point: to acquire Paramount. He hoped that everyone could speak freely and offer solutions on how to acquire it at the lowest price and avoid repeating the mistakes of the previous mysterious European conglomerates.

Upon hearing this, everyone immediately knew that their chance to shine had arrived.

Acquiring Paramount shares from the secondary market is definitely one option.

However, this plan would consume a lot of time and energy, so it would be better to directly contact shareholders who hold a large amount of Paramount stock.

Georgio Moreno holds 33 percent of the shares, but we've already tested the waters, so there's no need to ask any further.

Then we can only turn to the capital under that mysterious European conglomerate.

"Does anyone know how many shares the mysterious European capital currently controls?"

Everyone shook their heads, indicating they didn't know.

That conglomerate is very mysterious; there are at least ten people in the public eye who are just the front men.

Someone is investigating, but they have never been able to find out anything.

Switzerland is awesome, isn't it?
To ensure the security of their customers' information, their bank funds will never be disclosed to outsiders.

Moreover, the person who opens an account in a Swiss bank may not necessarily be the account holder; perhaps it is an agent.
Besides, such a large financial conglomerate, which controls so much cash flow, must have banks involved.

However, to date, no one has discovered which bank they actually belong to.

Because the banks controlled by the Want Want Group are more low-profile, they are naturally not well known to the outside world.

Wang Duoyu went to great lengths to conceal the Want Want Group and his own identity.

For example, the capital enterprises that truly control those banks are not from China, but from overseas.

Want Want Group owns two banks in Hong Kong: Hua Sheng Bank and Mao Chang Bank. Both are small banks, but they have cooperative relationships with large banks such as HSBC.

Singapore has three banks: Nanyang Commercial Bank, Singapore Lucky Bank, and New City Bank; Tokyo has five; and London, Paris, and Berlin each have seven.

In addition, there are ten banks in the United States.

These banks were all small and insignificant, and each one was negligible when they were acquired after the 1987 stock market crash. The average acquisition price for each bank was only $80 million.

The total number of banks was 41, and the total acquisition price was only US$3.28 billion.

Furthermore, these 41 banks have kept a very low profile since being acquired, and there has been no news coverage of them.

They secretly changed owners, and the outside world was completely unaware of it.

It was during a stock market crash, so who would pay attention to these things?

Cross-shareholding makes the shareholder identity even more concealed.

Both Maple Tree Capital and Summit Global have partnerships with banks such as Bank of Washington, as well as major banks like HSBC, Citibank, Merrill Lynch, and Mitsubishi Bank.

Why? Because they already had a lot of cash.

In such circumstances, the relationships are extremely complex, making it incredibly difficult to investigate thoroughly.

And as time goes by, this will remain a secret forever.

Unless Lee Efra and his group speak up voluntarily, they are unlikely to betray Wang Duoyu, unless the Wall Street giants can offer O'Brien and his group cash far exceeding their current net worth.

Otherwise, it's impossible.

But Wall Street's financial giants aren't stupid; why would they do that?

In addition, they resort to some dirty and despicable methods, such as kidnapping!

But Lee Efra and his group aren't stupid either. They each have bodyguards around them. If something really happens, won't their networks of connections be activated?
With such a vast and complex network of relationships, a single move could have far-reaching consequences. Unless the Wall Street giants are foolish, they won't stir up such a hornet's nest.

At that time, I'm afraid it will be a case of the snipe and the clam fighting, and the fisherman reaping the benefits!

In another building in Manhattan, Wang Jianchao had already received the news that Goldman Sachs had begun quietly acquiring Paramount's stock.

The unusual surge in trading volume indicates that someone wants to buy at the bottom.

Before Wang Jianchao could take any action, he received a phone call saying that Goldman Sachs wanted to acquire Paramount's shares.

How much are they asking for?

"Add another six percent to the current market value!"

"Li, tell them to get lost. We'll buy stocks from the secondary market, and take it slow!"

However, Lee Efra on the other end of the phone suggested:

"I think we should ask someone else for help; otherwise, Goldman Sachs could easily find out, and that would be pointless."

"Okay, let's do it that way!"

If Goldman Sachs wants to acquire Paramount, great! This time, they'll definitely make them lose a lot of their strength.

Maple Leaf Holdings also holds 35% of Paramount's shares. With such a large stake, even if Goldman Sachs offers a profit, it wouldn't be substantial.

After the 1987 stock market crash, the Hollywood giants suffered the most severe losses.

Otherwise, in the original timeline's history, Time magazine merged with Warner Bros., and Columbia was acquired by Sony.

The New York Stock Exchange is once again in turmoil, with retail investors watching Paramount's unusual trading volume, which seems to be gaining momentum.

Given that the mysterious European capital group (Maple Leaf Holdings) has already announced its acquisition of MGM, it's certain they won't acquire Paramount.

But now this unexpected event has occurred; there must be some unknown secret behind it.
Ice City, Harbin Institute of Technology Weizigou Campus, Lake Island Villa.

In the study, Wang Duoyu organized his documents, then got up and left.

He is about to travel to Beijing to attend this year's National Science Conference.

Although Wang Duoyu was reluctant to attend such meetings, he had been absent for many years.

Furthermore, there are very few top-tier mathematicians in the domestic mathematics community right now, which is definitely not acceptable.

Hua Luogeng has passed away, and his student Chen Jingrun is battling Parkinson's disease. As for the others, they are either too old or not qualified enough.

At present, Wang Duoyu is the most outstanding one.

"Dad, I want to go to the capital with you."

When Wang Duoyu appeared in the living room with his briefcase, before he could even greet Liu Xiaoli and the others, Wang Jun'an and his group rushed up and made their demands.

"Dad is going to the capital on a business trip, not for sightseeing, so he won't be taking you with him."

"All right!"

The children looked disappointed and resentful at their father.

Wang Yifei, who is almost two years old, is hugging her father's leg, tilting her little head up, and looking at her father with longing eyes.

Although he didn't speak, Wang Duoyu understood what the little guy meant.

He crouched down and hugged the little one:

"Daddy's away on a business trip for a few days. In a few days, Daddy will buy you some delicious food and fun toys, okay?"

"Dad, hello!"

The little guy said "okay" but was actually shaking his head.

Liu Xiaoli, who was standing nearby, burst out laughing when she saw this.

Wang Yifei is a very cute child. Unlike her brothers, who were already very talkative at the age of two, she can talk, but not much, and not very fluently.

"Okay, okay, Daddy will take you to the capital, alright?"

Upon hearing this, Wang Jun'an and his brothers immediately exclaimed: "Great!"
But this would have to be agreed upon by his daughter; otherwise, Wang Duoyu wouldn't have taken Wang Junhong and the other two Bone-Melting Dragons to the capital.

The four sisters, Li Rongrong, Lu Yuening, and Lu Yuening, who were standing on the other side, watched longingly.

Their parents went abroad on a business trip and didn't go back at all.

Last year, sisters Wang Meili and Wang Meihe each gave birth to a son, six months apart.

The eldest child is named Li Qizheng, the child of Wang Meihe and Li Yuanchao, who was born in March of last year.

The younger child is named Lu Chengwu, the son of Wang Meili and Lu Qingsong, born last September.

However, Li Qizheng and Lu Chengwu have both been taken abroad and are not currently in China.

Perhaps because they were boys, Li Yuanchao, Lu Qingsong, and the other three took them very seriously and never let them out of their sight.

Fortunately, Lu Yuening and her three sisters were used to staying at their uncle's house, so they didn't feel anything.

"it is good!"

Wang Yifei smiled and nodded. She thought it was fun, and being able to follow her father was enough for her.

The little one isn't ignorant; she just isn't very focused.

Now that she has three older brothers 'fanning the flames' around, she naturally agrees.

"Alright, then I'll take you all to the capital." Wang Duoyu nodded helplessly, and when he stood up and looked at Wang Junhong and the others, his expression had already fallen.

"Aren't you going to pack your bags?"

He then looked at Lu Yuening and her three sisters: "Do you want to come with us?"

The four little ones, of course, nodded in agreement.

"You can go out and have fun, why would I refuse?"

So, after half an hour of fussing, Wang Duoyu and his family got into a car and set off for Yanjiagang Airport.

The flight time from Harbin to Beijing is only a little over an hour.

Wang Yifei rarely flies, and this was her first time flying this year, so she was very excited after entering the cabin.

But as the plane climbed, her little mouth twitched, and she was about to cry.

Having prepared in advance, Wang Duoyu naturally started to soothe the child immediately.

However, the little one still cried. After all, the sudden increase in weight, even if the coefficient of gravity was not large, was still a big shock for the child.

Moreover, as the aircraft climbs, the increased weight is followed by weightlessness.

Adults may not feel this very strongly, especially young people who often ride drop towers and roller coasters, but children will definitely have a very strong perception of it.

Children, especially those flying for the first time, will have a more profound impression of this experience.

Flight time flies by, especially when you're busy.

Liu Xiaoli helped hold the little one, while Wang Junhong and his two children sat in their seats chatting away.

Wang Duoyu then took out a draft paper and began to calculate.

A little over an hour later, the plane landed safely at Beijing Capital International Airport.

The reason they didn't land at Nanyuan Airport was because Wang Duoyu and his group were traveling on a large plane this time.

Nanyuan Airport is a small airport and is not suitable for diverting large aircraft.

Beijing Capital International Airport was completed and opened to traffic in 1958, taking over some of the business of Xijiao Airport and Nanyuan Airport.

In 1980, Terminal 1 and the second runway of Beijing Capital International Airport were officially put into use, so there was no problem with large aircraft landing here.

It took nearly forty minutes to get back to No. 87 Zhongguancun West Street after leaving the airport.

"There are more and more cars in Beijing, and traffic jams are happening."

Liu Xiaoli remarked with emotion, and Wang Duoyu immediately laughed:
"Of course! Beijing is developing quite rapidly, and it has a large population. I think the total population of Beijing had already exceeded ten million by 1986."

"In addition, Beijing is the heart of our country and a gathering place for many wealthy people, so at certain times, traffic jams are indeed possible."

Since the restrictions on private car purchases were lifted a few years ago, a large number of people in wealthy cities have started buying cars.

Beijing is one of the top three economies in the country every year, so there are probably a lot of wealthy people there.

On the other hand, there are many department heads here, and most of them have company cars.

In addition to foreign companies, consulates, and so on, in terms of automobiles, Beijing is actually no less impressive than Harbin.

However, Harbin is currently the number one economic city in China, especially the Harbin Institute of Technology-affiliated enterprises and Want Want Group, two major conglomerates, many of their managers have already bought cars.

"Dad, look! What kind of car is that? It's so beautiful!"

Just then, Wang Junan suddenly spoke up. Outside the window, a bright red Ferrari sports car was slowly driving by.

Ferraris of this era were truly explosive.

But to everyone's surprise, Ferraris had already appeared in Beijing.

On second thought, Wang Duoyu felt relieved. It was March 1989, not 1979.

Times have changed!

Ferraris have appeared in Beijing, so can other novelties also appear in Beijing?

That evening, Wang Duoyu appeared in the office of the Wenjin Street compound, where several experts were having a meeting.

Leaders Fang Lihe, Lü Yangui, and Yu Chunshun were also present.

Upon meeting, Fang Lihe looked at Wang Duoyu, pulled him aside, and whispered:
"Duoyu, did you acquire MGM Studios?"

Last month, Fang Li and his group went to Harbin Institute of Technology to ask Wang Duoyu for donations, hoping that Want Want Group would contribute funds to invest in the Global Positioning System.

As it turned out, Wang Duoyu said he had no money; at most, he could come up with 800 million RMB.

So where did all the money go?
At the time, Wang Duoyu didn't say anything, only vaguely indicating that he had already spent it all.

Whether it's acquiring Paramount, going long on crude oil, or investing in the Japanese stock market and real estate, these funds cannot be readily available in the short term.

It's important to note that this successful acquisition of MGM Studios was achieved through a leveraged buyout, rather than by using its own cash reserves.

Admittedly, the Raptor Fund is exceptionally good at making money; it earned $5.52 billion in just six months last year.

But that doesn't mean that all of this cash can be taken out directly.

Even if it were a direct cash payment, it wouldn't be done so blatantly by taking money from the Velociraptor Fund.

Furthermore, from an outsider's perspective, the Raptor Fund is a newly emerging company.

The company can have partnerships with banks such as Gardner Bank, Boston Commercial Bank, and New Brown Bank, all wholly owned subsidiaries of Want Want Group in the United States, but it needs to avoid having any connections with companies like Maple Tree Capital.

Try to present yourself as a front company for other conglomerates, rather than as having any connection with Maple Leaf Holdings.

The acquisition of MGM Studios cost a total of $2.5 billion, and incurred $1.2 billion in debt, bringing the total to $3.7 billion.

It could be considered as begging for alms.

The company has $500 million in equity capital, and the remaining $2 billion was all borrowed from other banks.

So, not having money is perfectly normal.

"No, we did not make any acquisitions, nor do we have the money to do so."

Wang Duoyu shook his head, denying the matter.

Fang Lihe pressed on, asking:

"How did the Magic Child Toy Factory establish a comprehensive partnership with MGM Studios? By the way, we also noticed that Marvel Comics and Marvel Entertainment have changed shareholders. Did you acquire that company?"

Marvel Comics isn't worth much, but it would still cost tens or hundreds of millions of dollars to acquire.

In 1986, New World Pictures acquired Marvel Entertainment for $46 million.

In the original timeline, in early 1989, Marvel Comics was acquired by Ronald Perelman for $85 million.

However, in this timeline, both Marvel Comics and Marvel Entertainment have been acquired by Maple Leaf Holdings for a total cost of $100 million.

Fang Lihe mentioned Marvel Comics and Marvel Entertainment because these two companies also have a cooperative relationship with the Magic Child Toy Factory.

Under these circumstances, Fang Lihe did have reason to believe that Want Want Group, owned by Wang Duoyu, had acquired these companies, which was the reason why they had no money.

"The Magic Kids Toy Factory needs to develop, so of course it needs to produce promotional videos. But instead of making a separate promotional video, why not just invest in a movie?"

Wang Duoyu explained simply:

"Times have changed, and the overall environment is vastly different. We can no longer view the development of the present era through the lens of the past."

Upon hearing this, Fang Lihe and Lü Yangui both nodded in agreement.

However, the experts were already waiting, so they chatted for a few minutes before entering the office to begin today's meeting.

The National Science Conference is the day after tomorrow. Tonight's meeting is just to summarize the data and discuss the remaining issues that need to be addressed.

For example, securing investment for the Global Positioning System project is still quite difficult.

At the meeting, Yu Chunshun raised technical challenges and funding issues.

The only problem is that everyone present is an expert. Technical issues can be discussed, but if Wang Duoyu doesn't speak up about funding, then no one else can solve the problem.

Wang Duoyu only brought his ears, not his money to the meeting.

If he had the money, he would have invested last month.

Compared to the Global Positioning System, Wang Duoyu values ​​the Mach 5 fighter jet project and other powerful weapons more.

Space strategy is not so easy. Wang Duoyu is still accumulating strength, waiting for Harbin Institute of Technology to cultivate more talents, and then using funds, talents, and resources to build a huge industrial system.

In the future, systematic industrial development, massive financial resources, and well-organized research teams will be the keys to success.

In the past, the emergence of a single genius scientist could greatly enhance a country's scientific research level and military strength.

For example, Oppenheimer, Sergei Korolev, Qian Xuesen, and others.

Oppenheimer needs no introduction; he was the chief scientist of the Manhattan Project, the father of the atomic bomb, and the leader of the Los Alamos Laboratory, overseeing the scientific work of the entire project.

He was also the former director of the Institute for Advanced Study in Princeton.

Qian Xuesen needs little introduction. He was a member of the Manhattan Project and a student of Theodore von Kármán. After returning to China, he led the development of missiles amidst ruins.

Qian Xuesen also made significant contributions to the development of the atomic bomb.

Sergei Korolev single-handedly kept the United States suffocating for twenty years.

Korolev had joined the research group in 1930 to assist in the development of the first liquid rocket for the Arctic polar bear.

This aircraft, powered by a liquid rocket engine, was successfully developed in less than three years, and Korolev was awarded the medal for "actively engaging in defense work".

Inspired by the V-2 missile, he later developed the world's first intercontinental ballistic missile, which had long-range strike capability.

This news made the United States extremely anxious and unable to sit still.

Before the 1980s, top scientists like Korolev, Qian Xuesen, and Oppenheimer had such a profound influence on a country.

However, from now on, the influence of a single super genius scientist on a country will gradually decline.

Even the most brilliant genius cannot simultaneously possess exceptional earning power and outstanding research and development capabilities across all disciplines. Furthermore, this genius is an individual and cannot build a well-organized research and development team to complete a massive amount of research and development tasks.

The Mach 5 fighter jet project, led by Wang Duoyu, has accumulated an investment of over 10 billion RMB over the years.

This is far from over.

Times have changed; our perspectives can no longer be as narrow as before. (End of Chapter)