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

On December 31, 1992, Harbin Institute of Technology Kindergarten was holding a New Year's Eve performance.

Wang Duoyu, sitting in the audience, watched the adorable little ones on stage, their clumsy yet pretentious movements, and smiled broadly.

Soon, it was Wang Yifei and the others' turn to perform a dance.

After the little girl went on stage, her eyes were fixed on her father, her little face tense, but she was happy inside.

Fortunately, she remembered the movements, and they were quite standard.

This dance was filmed with the help of her mother. Wang Yifei and the others practice it often, so of course they can remember the moves.

Wang Junhong held up a video camera, pointed it at Wang Yifei, and recorded the scene.

Soon, the performance, which lasted a little over three minutes, came to an end.

After leaving the stage, Wang Yifei, still in her performance costume, rushed from backstage to find her father.

"Dad, eldest brother, second brother, third brother, how was my performance? Was it good?"

The little one was tilting her head back, her eyes full of anticipation, waiting for her father and brothers to praise her.

This was her first time performing, so she was naturally very happy and hoped to receive praise from her family.

"good, very good!"

Wang Duoyu and the others gave him a thumbs up and showered him with praise, which immediately brought a smile to the little guy's face.

yeah!
The little one cheered, then turned and ran off: "I'm going to tell Fenfen and the others!"

She wanted to share the good news with her friends.

Harbin Institute of Technology Kindergarten is not very large, and it is located inside the Weizigou campus.

But in reality, there are quite a few children in kindergarten. Even if each teacher only has one child, there are exceptions.

The vast majority of teachers are only children, while some teachers only joined Harbin Institute of Technology in recent years, so it's hard to say about their children.

There are also professors and teachers in situations similar to Wang Duoyu.

Some of them come from Hong Kong or overseas.

Even so, Harbin Institute of Technology has a very large faculty, and many professors, master's students, or doctoral students from the old campus also send their children to this kindergarten.

Therefore, this kindergarten is not large, but that is only relative to Harbin Institute of Technology itself.

If we're comparing it to other kindergartens, then Harbin Institute of Technology Kindergarten is quite large.

There were many children and quite a few parents present, making the scene quite lively.

Wang Duoyu and his family stayed until almost the end of the day before leaving.

They should have left long ago, but Wang Yifei didn't want to leave and insisted on watching the whole performance with them.

Because many of her friends' performances are still to come.

So, to support her, Wang Duoyu and the others decided to stay a little longer.

After the performance, 1992 was over, and 1993 was just around the corner.

This year's Spring Festival will be earlier, and therefore, the year-end summary meeting will also be held much earlier.

January 5th arrived in the blink of an eye, and winter vacation officially began.

Harbin Institute of Technology has already started its winter break, with many students either going home or staying on campus.

On the 5th, Zheng Baoyin and many other executives of Want Want Group also came to Harbin from all over the world to attend the upcoming summary meeting.

"Uncle Jiu, this is tiger penis wine I brought back from Moscow. I'm sure you'll like it."

Inside the study of the villa, Wang Jianchao grinned as he took a bottle of wine out of a box and said...

"Last month, I went to the Siberian primeval forest again and stayed there for more than half a month before I finally managed to hunt down a Siberian tiger."

Hunting wild animals such as the Northeast Golden Youngtail is no longer permitted in China, and Wang Duoyu hasn't hunted them for many years.

On the contrary, Wang Jianchao was able to come and go freely abroad, hunting whenever he wanted, and living a more comfortable life than his ninth uncle.

Take this hunting trip to the Siberian primeval forest as an example. Since Wang Jianchao is now a super billionaire, he has made thorough preparations for the trip.

Not only did I not feel cold in the forest, but I actually enjoyed it very much.

They were especially happy after finding the tiger.

After all, things are different now than in the past. When Wang Jianchao goes hunting, he will definitely use drones.

If he gets really bored, or if the waiting time is too long, he will also equip the drone with thermal imaging equipment to search for prey.

Even in the cold winter, Siberian tigers do not hibernate and will come out to search for food.

Therefore, drones paired with thermal imaging equipment are a perfect match for search and rescue weapons.

"You're showing off in front of me again, Jianchao, are you asking for a beating?" Wang Duoyu threatened expressionlessly.

To be honest, his appearance was quite intimidating, and Wang Jianchao immediately backed down.

"Give me tiger bone wine? What use would I have for that? At my age, I don't need any medicine at all. Take it back and drink it yourself."

Wang Jianchao had many women, and he frequently went to New York, either by sea or to those glamorous places.

In short, Wang Jianchao is never short of women, and they are all beautiful women. To be honest, his body has long been drained.

So if we're talking about who needs tiger bone wine more, without a doubt, it's Wang Jianchao.

"Uncle, our year-end summary meeting isn't until the day after tomorrow. Why are you asking us to come back two days early? Is there something wrong?"

Zheng Baoyin asked at this moment, and Wang Duoyu shook his head:
"It's nothing, we just wanted you to come back early so our family could get together."

His eldest brother passed away last year, and his third brother's health is deteriorating day by day.

His third brother might also leave soon.

That's life; once you reach a certain age, it's easy to become afraid of death.

"Ok!"

The next day, January 6th, the Wang family had a meal together at the restaurant on the third floor of a five-star hotel near the Harbin Institute of Technology. Many people came.

Even Wang Duoshi and others who were far away in New Zealand all returned.

Actually, they didn't want to come back, since they planned to return during the Spring Festival.

However, Wang Duoyu made a phone call and said he would send a plane to pick them up, so they had no way to refuse.

Speaking of which, Wang Duoyu's private jet has basically never been abroad since he bought it.

After all, Wang Duoyu has been in China for almost ten years without leaving the country.

His private jet was purchased in the late 1980s.

"cheers!"

Old Wang's family has a lot of relatives; there are more than two hundred people in the hall, which is really a bit exaggerated.

There's no way around it, Wang Jianchao and his family are just too prolific.

For others, the restrictions of family planning mean they cannot have more children.

However, Wang Jianchao, Zheng Baoyin, Wang Meili, Wang Duoshi, Wang Meihe, and others all live abroad year-round, and they can have as many children as they want.

The key point is that they got married quite early.

For example, Wang Duoyu's sixth brother's children: his eldest daughter, Wang Shuting, is already 28 years old this year, and her child is already 6 years old.

Wang Shuting's younger brother, Wang Dabiao, was only seventeen years old five years ago when he had his first child with another woman. Now he works in Hong Kong and has four children because he has two women.

One is in Harbin, and the other is in Hong Kong.

To be honest, Wang Duoyu was quite speechless after learning about this.

Whether it's his eldest brother's family, or his third and sixth brothers, they are all very fertile, and most of them have sons.

Besides, the two sisters, Wang Meihe and Wang Meili, each have four or five children of their own, so the two families together have more than twelve people.

So, when Old Wang's relatives gathered together, there were indeed many people.

Currently, the oldest and most senior member of the family is Wang Duoyu's third brother, Wang Duozhi.

It's almost obvious that Wang Duozhi has more age spots on his face than last year.

"Third brother, you should go out more often, smile more, and be happier."

Wang Duoyu tried to persuade him, and Wang Jianchao, who was standing next to him, chimed in.

"I know, I know. Seeing you all makes me very happy and satisfied," Wang Duozhi said with a smile.

He has four sons and two daughters, the most successful of whom is Wang Jianchao, because he followed the right person.

But in fact, before 1982, he was still very worried that his third son, Wang Jianchao, would live a mediocre life.

Because Wang Jianchao was lazy and liked to cause trouble.

If Wang Jianchao hadn't been called to work in Bingcheng by his ninth uncle, he would probably have been the worst-off kid in his life.

"Everyone, let's eat quickly, or it will get cold."

Once Wang Duoyu spoke, everyone stopped chatting and started eating and talking at the same time.

Actually, today's gathering isn't just about eating; it's about bringing everyone together.

Because of the passing of Wang Duoyu's elder brother, the Wang family, a large extended family, has been gathering less frequently.

Throughout 1992, Wang Duoyu only went back home once, during the Qingming Festival; he rarely went back at other times.

So it's really good to call everyone back today so we can meet up.

With an overpopulation of the family, visits between relatives are not as frequent or genuine as they used to be.

The following day, the year-end summary meeting officially began.

Unlike last year, this year's summary meeting was held in Harbin, specifically in the newly opened Want Want Group headquarters building.

As everyone filed into the conference room on the top floor, the meeting officially began after Wang Duoyu sat down.

Compared to last year, there are a few more new executives this year.

Starting at nine o'clock, the morning session mainly consisted of reports from Qu Haiping, Xue Lisheng, Liang Shengzhi, and others on revenue and profit data of manufacturing-related enterprises.

Each company representative gave a detailed report.

After all, since the year before last, the summary meeting has been divided into two sessions, one in the morning and one in the afternoon, for a total of six hours, so there is still plenty of time.

"Over the past year, the Denon watches launched by Brabus have performed very well in the market."

Xue Lisheng smiled excitedly:
"For the whole year, our Brabus watch factory's domestic revenue was 208 million RMB, and our total overseas revenue exceeded 100 million USD, with Denon watches making a significant contribution."

Upon hearing this, everyone applauded.

The performance of Denon watches is indeed very impressive.

It's truly incredible that such a luxury watch could capture a significant market share throughout the Western world.

The luxury goods market is dominated by European and American capital, which already has many well-known brands, such as the famous Patek Philippe and Rolex.

The reason why Denon watches are loved by so many consumers is that they have done a very good job in advertising and marketing.

Of course, given the outstanding performance of Denon watches, especially considering they are luxury items, it's easy to imagine that competitors will intervene, inevitably leading to fierce competition.

clap clap clap!
After the applause subsided, it was Wen Shixuan's turn.

As Qu Haiping and Liang Shengzhi have already reported, the revenue of the two major companies, Xibeier Women's Wear and Muscle Shark, is not significantly different from last year, and their performance is average.

As is well known, the market for muscle sharks is very stable, and it is also a niche brand, so revenue will not vary significantly.

"Our Red Star Group has achieved remarkable results in the past year."

Wen Shixuan said excitedly:

"What should be remembered most is that we have successfully developed a new material and gained the professor's approval."

He did not specify what the material was, let alone where it would be used.

It's not that Wen Shixuan didn't know where it was used, but rather that it needed to be kept secret.

Although the Hongxing Group did not know exactly which machinery the materials research and development project would be applied to, it was absolutely clear in which field it would be applied.

After all, the material requirements are limited, so it's easy to guess.

The executives in the conference room are all trustworthy, but things that need to be kept confidential should still be kept confidential.

Besides this new material, there are several other new materials, which surprised Wang Duoyu greatly.

It seems that his previous establishment of the Red Star Group really helped him a lot.

"We have achieved a total of 168 patented technological innovations, setting a new historical record, and our profits have also exceeded 200 million RMB for the first time."

Zheng Baoyin, Li Efra, and others applauded in celebration.

To be fair, this progress is indeed very rapid. You should know that just two years ago, Red Star Group only obtained 88 patents.

However, Wang Duoyu gives Hongxing Group 1 billion yuan every year for scientific research.

This is the third year already, and if there's still no significant progress, Wang Duoyu will start to have doubts.

One billion yuan is no small sum, especially in this day and age; it's an enormous amount of money.

"Next, please welcome Mr. Qiao, the head of Motong Toys Company. Let's give him a round of applause!" Wang Jianchao said.

clap clap clap!
Everyone applauded, and then Qiao Hanliang reported:
"Dear professors and colleagues, good morning."

"In the past year, our company, Magic Kids Toys, successfully surpassed $1.6 billion in global revenue, reaching a total of $1.623 billion."

"Our total domestic revenue has exceeded 700 million yuan."

"In addition, the financial sector's profits amounted to thirty million US dollars."

All of these figures show an increase in revenue, except for the financial sector, whose profits are half of what they were the previous year.

why?
Everyone knows it.

In 1991, the Moscow rupee plummeted in value.

That is the world's pole, rich in resources and with an incredibly vast territory.

Therefore, by taking advantage of the chaos, people were able to make a lot of money.

However, such a good opportunity did not come in 1992, so the profits of the financial sector were visibly reduced by half.

O'Brien, Fuller Carson, Lee Evra, Yabo Fein, and others all immediately showed expressions of shame and disappointment, but at this moment, Wang Duoyu suddenly spoke up:

"Everyone should be content. Earning 30 million US dollars without a major bull or bear market is already quite impressive!"

clap clap!

Everyone immediately burst into applause.

In fact, everyone understands that this is the true market performance.

It's just that everyone is used to the joy of making a fortune in the past, after all, it was faster than the bank's printing press, who wouldn't like that?
After the applause, it was Reinhard Monroe, the head of the quantum technology company, who gave his report.

Of course, people are more concerned about the revenue of Daimler-Benz, a subsidiary of the company.

Automobile companies are the crown jewel of industry and a very important component.

Although Daimler-Benz is not the world's number one automaker, its revenue and profits have been steadily increasing.

In particular, the addition of two car brands has further boosted the group's revenue figures.

Two years ago, it almost broke the $10 billion revenue mark, and this year it broke through without any waves, with global revenue reaching $11.2 billion.

Everyone was delighted to hear this data, and Wang Duoyu was even more surprised to look up at Reinhard Monroe.

"What exactly did Daimler-Benz do? How did their revenue increase so much?"

"Professor, it's like this: based on your previous suggestions, they have developed new markets, especially the two major markets of South America and South Asia."

South America is alright; the place is quite poor, but there are definitely a lot of wealthy people.

South Asia is another story; you can only find local agents. In any case, you absolutely cannot enter this market casually.

why?
The situation in India as a whole is far too complicated.

It's not just the caste system that creates such a huge gap between the rich and the poor; it's also the presence of corruption, religious influence, and many other factors that make the situation in the entire South Asian subcontinent extremely complex.

Taking biopharmaceuticals as an example, many international pharmaceutical groups, such as Pfizer, are quite dominant in the global market.

However, in the South Asian subcontinent, they have often suffered setbacks, and now they have completely abandoned the South Asian market.

There's no way around it, they're too cunning, and it seems like the whole country is made up of swindlers.

For example, there are a dozen or twenty different brands of generic versions of Gleevec, a drug used to treat leukemia, in India. The price is only a fraction of the price of the genuine Gleevec, but the efficacy of the generic version is 99.9%.

In other words, international giants like Pfizer are simply not doing well in the South Asian subcontinent.

Even European and American giants can't do anything about these scoundrels, let alone other companies? That's why Daimler-Benz basically doesn't enter this country, but only seeks agents.

With Reinhard Monroe's explanation, Wang Duoyu finally understood why this company had such high revenue.

Because in addition to the two major markets of South America and the Indian subcontinent, the performance of the domestic market in China is also very impressive.

Daimler-Benz has a joint venture factory in Harbin, and in 1992, it sold a considerable number of Mercedes-Benz cars.

By 1992, the domestic economy had expanded considerably.

It grows at a rate of 8% or even higher every year.

In Harbin, it's not uncommon to have a million-yuan household now; those with tens of millions or even hundreds of millions of yuan are the real giants.

clap clap clap!
After Reinhard Monroe finished his report, everyone applauded.

Next up was Bofeien, who was to report on BMW, a company controlled by Shuncai Fund.

BMW is a good car company, but it lags far behind Mercedes-Benz.

The total revenue for the year was six billion US dollars, which is quite good, but Mercedes-Benz's revenue was one hundred and twenty billion US dollars.

When Wang Duoyu heard this, he couldn't help but wonder: Could it be that because of my appearance, top-tier luxury brands like BBA have completely changed?

He immediately shook his head, because it was unlikely.

Let's take it slow.

For a car company like BMW, its very name already sets it apart, given its high standing in the hearts of Chinese people.

When the new millennium arrives, everyone will have more money, and BMW might gradually recover.

After speaking with Bofan, he then reported to Zhou Qirui, the head of Fidelity Capital.

Audi's global revenue for the past year was $5.5 billion, a respectable but not outstanding growth rate.

That would be great if it could be like Daimler-Benz.

Of course, Audi should contact relevant departments to customize such a special vehicle for government departments, which might open up the market.

On the other hand, investing in related movie promotional videos and commercials can also draw more attention to the car company itself.

Soon, the work reports from the three BBA (BMW, Mercedes-Benz, and Audi) automakers came to an end. Next, it was Wei Ruo, the head of the self-created sports brand Yuebu, who was to give a report.

As the world's number one sports brand, Leap Sports successfully surpassed 3 billion US dollars in global revenue in 1992, reaching 3.13 billion US dollars.

As soon as the data was announced, Wang Duoyu clapped.

Global revenue of $3.13 billion is indeed a terrifying figure.

It's safe to say that Adidas, Reebok, and other well-known brands are still undervalued, with their market capitalization unlikely to have exceeded two billion US dollars.

The fact that Leapmotor was able to break through to three billion US dollars in revenue is truly impressive.

But on second thought, it's quite normal.

Football competitions have also taken off in China, with the national team and the Harbin Super League becoming the two top-level football events in the country.

The national football team, under the General Administration of Sport, represents the national team, while the Harbin Super League is a private league that focuses more on profit and entertainment.

Most importantly, the Harbin Super League also attracts a larger audience.

Football is the world's most popular sport, and there are a huge number of people who love it.

The Yuebu sports brand has hired many football stars for advertising campaigns.

This is why Yuebu sports brand products sell well nationwide and have become mainstream products in the new era.

Of course, the products of the Yuebu sports brand are positioned as high-end products, so they are not very cheap and not many people in China can afford them.

On the contrary, the most common plastic shoes on the market, such as the "Liberation Shoes," are the shoes that ordinary people like the most.

There are now over 800 million farmers in China, which is the largest market.

But there's no way around it; the Yuebu brand definitely won't go for the high-end market, otherwise they wouldn't be able to make any money overseas.

"Excellent, Lao Wei, you did a great job. That's how we should do it—steady and methodical, making steady progress."

"It's all thanks to your guidance, Professor; I was merely carrying out your instructions."

Wei Ruolai dared not take credit for himself and said modestly.

Wang Duoyu did not pursue the topic further and allowed the other party to continue reporting.

"Our financial division's profits are thirty-seven million US dollars."

This data is not surprising at all.

Wang Duoyu would be surprised if the profit of the Leapmotor brand exceeded 40 million US dollars.

There are not many opportunities in the global market; simply put, there are only speculative opportunities.

The reason why Want Want Group has made so much money over the years is all due to speculation.

The Plaza Accord of 1985, the Louvre Accord and the US stock market crash of 1987, the Japanese bubble economy of 1989, and the Moscow ruble depreciation of 1991, etc.

These are all speculative activities.

Without these, the Want Want Group could not have grown to its current state in just ten years.

It can be said that Wang Duoyu was able to promote many projects that required a lot of money, such as the Songliao Canal, the Nantianmen Project, and the anti-gravity engine, because he had the Want Want Group as a backer.

Of course, there are also companies under Harbin Institute of Technology, but Wang Duoyu doesn't really care about them anymore.

"Our Facebook page has seen its daily traffic surpass 10 million visits in the past year, reaching 11.2 million visits, and this is in the global market."

Tong Zhigang reported happily:
"Since the Gulf War, our Facebook traffic has been increasing day by day, especially after the Information Superhighway initiative, this has become even more pronounced."

Following George Herbert's announcement of the Information Superhighway plan, European countries followed suit at the end of 1992.

Currently, European and American countries are vigorously promoting the information superhighway project, hoping that the project will attract more investment, create more jobs, and enable European countries to get rid of their economic difficulties and grow stronger.

The internet has clearly become a crucial juncture for the next economic take-off.

While the domestic internet market is still in its infancy, internet cafes are developing rapidly in many major cities such as Harbin, Guangzhou, Shanghai, Beijing, and Wuhan.

Especially with the competition between two computer manufacturers, Excellence Technology and Walsin Technology, in the low-to-mid-range computer market, the price of computers has been reduced, which has accelerated the entry of computers into thousands of households.

However, even though Wang Duoyu's family has a computer, Wang Junhong and his three siblings rarely use it.

On the contrary, watching TV and movies is their most common form of entertainment.

"Facebook's total revenue for the past year was $680 million, an increase of $200 million compared to the previous year."

Everyone was taken aback when they heard this.

Facebook's growth rate is terrifying!
This is a growth rate of two hundred million dollars. Although it is still not as fast as Daimler-Benz, Facebook has a very bright future ahead and huge market potential.

"However, we are now finding it difficult to hold on. American domestic capital has repeatedly pressured us to open up our Series D funding round, otherwise, they will restrict our development in various ways."

Tong Zhigang looked helpless as he said this.

This is inevitable.

Wang Duoyu, on the contrary, thought it was perfectly normal.

Although in the US market, Facebook's shareholders are European capital, which has also contributed a considerable amount of money.

But to be honest, there was no external capital involved.

On the other hand, Facebook also has competitors, and more than one.

Two years ago, before Wang Duoyu had someone advise George Herbert to promote the information superhighway plan, several companies in Silicon Valley, Los Angeles, had already invested in several internet companies.

Three companies now have daily traffic exceeding five million visits: Mammoth Entertainment, DreamWorks, and Singularity Entertainment.

These three companies are simply copying and pasting parts of Facebook's business, with only minor innovations.

Since there are no relevant laws and regulations for internet companies yet, their actions cannot be considered plagiarism.

Of course, a lawsuit is inevitable.

Internet companies represent the future and a new source of profit growth.

Those financial giants are unlikely to let Facebook grow too big.

In addition, they now want to take control of Facebook from the ground up.

"Ignore them for now, let's continue operating as usual and keep fighting the lawsuit. If they try to act like thugs, then we'll fight back. We're not afraid."

As soon as Wang Duoyu finished speaking, everyone applauded.

With his words, everyone felt relieved.

Everyone is very clear about this matter; it's impossible to say that we're not afraid at all.

"Okay, Professor, I know what to do," Tong Zhigang quickly replied.

Then it was Amazon's head, Wang Lichuan's, turn to give a report.

Compared to Facebook, Amazon's performance has been much smoother.

Because Amazon is a capital-intensive company, its Express Delivery subsidiary not only hires a large number of delivery drivers, but also establishes corresponding transit stations throughout the United States, resulting in huge investments and serious losses.

No capital firm would be willing to invest in Amazon, so naturally, something like what happened with Facebook wouldn't happen.

However, Amazon has also been affected by the information superhighway initiative. The annual transaction volume of its shopping platform has exceeded 200 million US dollars, a huge improvement compared to 30 million US dollars the year before last.

Even so, compared to the losses of two or three billion US dollars, let alone the trading volume of only two hundred million US dollars, even the net profit of two hundred million US dollars is not much.

Well, Amazon is still a small company and hasn't fully developed yet, so we can only wait and see.

Anyway, this matter can't be rushed, and there's no way to rush it.

clap clap clap!
Wang Duoyu has always placed high hopes on Facebook and Amazon, but after several years, they seem to be like babies who haven't even learned to walk yet.

Executives like Lee Evra, O'Brien, and Fuller Carson weren't very happy, feeling that Wang Duoyu's decision to invest in the internet industry seemed like a mistake.

Even with the information superhighway plan in place, the future looks promising.

But this process will likely take several more years.

Nowadays, any one of Want Want Group's companies may not be inferior to the revenue of Facebook and Amazon.

Ugh!
Wang Duoyu was determined to persist, and there was nothing anyone could do.

Then it was Zheng Baoyin's turn to report that Yuma Apparel Company's overseas revenue had exceeded 2 billion US dollars, reaching 2.3 billion US dollars.

In 1992, despite rising unemployment, the US economy was still quite active overall.

Furthermore, Yuma Apparel targets the low-to-mid-end clothing market, and consumers are more willing to buy from it when the economy is in a bad state.

After all, it's a downgrade in consumption!
The decline in consumption is particularly pronounced in the Japanese market.

Since the first half of 1990, the Nikkei index has fallen sharply, the Japanese bubble economy has been completely ignited, and Japan has entered a dark period.

In the past year or two, the Japanese economy has seen absolutely no growth.

There was no other way; they all had to pay off their debts.

Even after acquiring Universal Pictures and Panasonic back then, they are now in a terrible mess.

Therefore, companies like Yuma Apparel naturally receive enthusiastic support from consumers.

clap clap clap!
After Zheng Baoyin finished his report, Wang Jianchao, who had been wielding a knife, finally gave his report.

"Uncle Jiu, colleagues, good morning. Pandora's revenue over the past year has exceeded three billion US dollars, reaching 3.37 billion US dollars, ranking among the top in the global luxury goods industry."

"To date, Pandora has established more than 200 branches in multiple cities including New York, Los Angeles, San Francisco, Boston, London, Paris, Tokyo, Hong Kong, Taipei, Singapore, Guangzhou, and Shanghai."

Pandora is a luxury brand store that sells clothing, bags, watches and other products.

It's astonishing that they've sold such a large number of products globally, and their revenue figures are absolutely phenomenal.

The management team erupted in loud applause, their faces beaming with joy and excitement.

After all, luxury goods are extremely profitable.

This is something that other industries cannot compare to.

After listening, Wang Duoyu had no objections and smiled as he clapped in agreement.

Then it was the next person's turn, namely Yu Kexue, the head of Huaxin Technology.

The debriefing meeting has now lasted for more than an hour, almost two hours.

The morning is almost over.

So many executives spoke just now, but they didn't raise many questions. In reality, Wang Duoyu has completely stopped caring about those specific matters.

Even regarding the company's development direction, he wouldn't offer any suggestions unless there were major changes.

Because Wang Duoyu's time is now relatively limited, and Want Want Group itself has also mastered a powerful weapon, his mindset has changed a lot.

"Professor, colleagues, good morning."

"Compared to the year before last, Walsin Technology's revenue performance has declined because the global computer market is expanding into lower-tier cities and prices are continuously falling."

Walsin Technology's total global revenue was only US$13.6 billion, a decrease of US$3.2 billion from US$16.8 billion the year before.

The difference is quite significant.

However, this is the market situation; fluctuations are normal.

For example, Japan, the near-saturated US market, and the still developing Chinese market.

This year, 1993, may be very different.

Because developed countries with advanced capital, such as those in Europe and America, are promoting information superhighway projects, computers, as the carriers of the Internet, will usher in a new era.

Meanwhile, companies like Walsin Technology and Excellence Technology will certainly launch new products to consolidate their market position.

On the other hand, the global computer market is also undergoing tremendous changes, and the consumer base is also changing.

So the opportunity is there; whether or not it can be seized depends on the company's leaders.

clap clap clap!
Wang Duoyu glanced at the time and said:
"Among the many companies that just reported, some saw increases and some saw decreases, but overall, we still made a considerable profit."

"But you guys don't seem too worried. It seems you're still waiting for the financial sector and Martin's super dollar factory, right?"

Upon hearing this, the management team couldn't help but show awkward smiles.

They don't pay much attention to the profits of companies like Pandora and Walsin Technology.

Because the amount of money they receive as a share is not much.

Conversely, the funds earned by Maple Leaf Holdings' financial enterprises are almost entirely pure profit.

More importantly, there's a super dollar factory that prints money directly—that's even more impressive.

Whether it's speculation or illegality, the ability to make a lot of profit is what truly makes qualified capitalists like Li Efra truly happy.

After all, companies like Walsin Technology not only require a lot of hard work and effort, but also need to pay a lot of taxes, so people don't care that much.

"In that case, let's end our meeting here this morning and resume at 1 p.m.

After saying that, Wang Duoyu picked up his phone, got up, and left the meeting room.

It wasn't that he wanted to suddenly interrupt the meeting, but rather that he received a text message saying that the executives, including Lee Efra, had some mental issues that needed to be addressed.

After watching Wang Duoyu leave, Zheng Baoyin and the others looked at each other, somewhat puzzled as to why the former had suddenly become angry.
But if that's the case, then everyone needs to be careful this afternoon.

I need to do some serious self-reflection during the lunch break that follows.

Being careful in speech and action is the right path.

"Mr. Zheng, do you know what happened to your uncle? I just saw him looking at his phone. Could it be related to this?"

Sitting next to Zheng Baoyin was Martinez, the head of the Super Dollar Factory, who asked with a worried expression.

Zheng Baoyin shook his head: "I don't know. I didn't see anything on his phone. Let's not guess. I think we must have upset my uncle."

A proper summary meeting should have been harmonious, but it's turned into this mess.

Ugh!
Wang Jianchao said:
"This has never happened before. Uncle Jiu isn't the type to tolerate any nonsense. Perhaps we did something wrong that made him think we were being arrogant?"

O'Brien, Yu Kexue, Tong Zhigang, and others frowned, unsure of what to do.

"Let's go have lunch first, we'll talk about it this afternoon," Zheng Baoyin said.

Upon hearing this, everyone could only leave it at that for now.

Meanwhile, Wang Duoyu had already returned to the secretary's office in the administration building of Harbin Institute of Technology, where Liu Deben, Lü Gongliang, Han Jue, and others were waiting for him.

"Old Liu, Old Lü, what's going on?"

Upon entering the office, Wang Duoyu frowned and asked.

At this moment, several elderly comrades with full heads of white hair, standing next to Liu Deben and the others, approached Wang Duoyu with excitement, nervousness, trepidation, and haggard faces, pleading:

"Professor Wang, please save us!" (End of Chapter)