Chapter 104 The CEOs were stunned

In fact, even if they signed this clause, Lin Chuan believed that these competitors might not strictly abide by it in private, and would most likely use clever tricks to exploit loopholes.

However, Lin Chuan wasn't worried at all, because they couldn't avoid Deep Blue Technology.

The key components of the finished product are manufactured and supplied by DeepBlue Technology, which means that DeepBlue Technology can control the overall output of the entire industry by controlling the shipment volume.

Even if other manufacturers expand production at a frantic pace, they will not be able to assemble finished products and sell them if DeepBlue Technology cannot obtain sufficient supply.

This is the source of Lin Chuan's confidence.

This shows that DeepBlue Technology has the final say on the annual supply volume of the industry and holds absolute sway within it.

Only in this way can we keep them in check, preventing them from blindly expanding or blindly engaging in internal competition.

Clearly, Lin Chuan's strategy is to provide DeepBlue Technology with the corresponding supply volume based on the actual market demand in this field, with some surplus available.

As long as the main switch is firmly controlled by DeepBlue Technology, no matter how much the manufacturers in each link try to manipulate things, the total amount will not change much.

Even if there is an oversupply, it will be within a controllable range, and it won't be so bad that it will take three, five, or even ten years to digest.

Mr. Li from Longi was the first to finish reading it. He closed the document and placed it on the table, his expression revealing neither joy nor anger.

Mr. Gao turned to the last page, then turned back to read it a second time.

Mr. Chen's expression finally changed, and the corners of his mouth turned down slightly.

After a while, General Manager Li broke the silence: "General Manager Lin, isn't it too high that DeepBlue takes a full 35% of the industry's profits? Our share—production line upgrades, production management, quality control, sales, and after-sales service—only gets 20% combined."

He added, "DeepBlue Technology only provides core materials and licenses, yet it takes 35% of the entire industry's profits. This is unreasonable."

The others present echoed this sentiment.

Lin Chuan was silent for a moment, then said calmly, "If all our competitors think this way, are you trying to force DeepBlue Technology to become the Apple of the photovoltaic industry?"

Upon hearing this, the conference room fell silent, and the CEOs present exchanged bewildered glances.

Lin Chuan calmly stated, "Apple alone takes over 80% of the profits in the smartphone industry. Is it possible that DeepBlue Technology could take 80% of the profits in the photovoltaic industry?"

He looked around at the CEOs present with a confident smile.

"If we really want to achieve this goal, DeepBlue Technology is fully confident that we are capable of building a complete industry chain on our own. It's just a matter of spending more time and effort."

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"In terms of technology, DeepBlue Technology is leading the world by a significant margin in this field; in terms of capital, DeepBlue Technology has a cash flow reserve of tens of billions."

"There's one more thing, everyone, don't forget."

"The photovoltaic new energy business is just one of the new growth points for DeepBlue Technology. We also have other businesses that support our profits."

The competitors present then realized that DeepBlue Technology did not start out in the photovoltaic industry.

This company is making a killing in the environmental protection sector, with a gross profit margin of over 90% and a net profit margin of over 70%, which is something that players in the photovoltaic sector can only dream of.

It's important to understand that the photovoltaic industry only recently emerged from deep losses and has just entered a recovery phase.

Even companies that managed to turn a profit only had a profit margin of 2 to 5 percentage points, while most of their peers were still losing money this year, only significantly less than last year.

The key point is that the CEOs present knew that Lin Chuan's words were not an exaggeration.

If DeepBlue Technology were to operate independently, it wouldn't be impossible for it to capture over 80% of the industry's profit margins.

At this moment, the CEOs present fell silent, for they were utterly speechless.

At this moment, Lin Chuan looked around at the attendees and asked, "Now, do you all still think that DeepBlue Technology taking 35% is too much?"

His words became increasingly blunt: "Or to put it another way, if DeepBlue Technology's technological breakthrough had been achieved by one of our competitors, I dare say you would have wanted to take all the profits."

Then, Lin Chuan changed the subject: "But I, Lin Chuan, would not do that, because making money is too easy for me, and there's always more money to be made."

Good heavens, how arrogant is that?

Upon hearing this, all the CEOs present were stunned.

Lin Chuan continued, "You may all have a question in your minds: since DeepBlue Technology has the ability to take more than 80% of the industry's profits, why not? Why give up profits to our competitors?"

The bosses immediately snapped out of their daze and all focused their attention on Lin Chuan.

This is indeed a major source of confusion for them; normally, there's no reason to push profits outwards.

Lin Chuan then replied, "It's very simple. I have many new ideas and thoughts that I want to explore in other fields, but time is limited. There are only 24 hours in a day, and I won't have more time than others. So I hope to delegate some aspects to our competitors to save time and effort."

"In this way, I can quickly boost the photovoltaic industry and free up my time and energy to do other things."

The executives were stunned again. Judging from his posture, DeepBlue Technology was going to expand into other industries in the future.

But at this moment, the bosses dared not question it easily.

Although Lin Chuan was being far too arrogant at the moment, one had to admit that he had the right to be arrogant.

Looking at DeepBlue Technology, its military, environmental protection, and photovoltaic businesses are all completely unrelated fields.

Yet they all ended up in the same company, in the hands of the same person.

Once could be considered lucky, twice could also be considered lucky, but things shouldn't happen more than three times.

If someone can do this every time, it's not just luck; it shows real skill.

At this moment, Lin Chuan brought the conversation back on track.

"Companies that joined this model and were still losing money in the first half of the year are expected to turn a profit for the whole year."

"By next year, we'll be making big money. If everyone here joins, you'll all be making big money next year."

"Why am I so confident in saying this? It's very simple: doubling the photoelectric conversion rate means doubling the net output of electricity generation. This is a real incremental benefit that will benefit the entire industry."

"Not only do the output double, but DeepBlue Technology's technical solutions are also cheaper than traditional solutions."

"If all our competitors here join this model, we can quickly achieve economies of scale and reduce costs by 10%."

Up to 15%, the cost savings are profits, everyone.

"Another factor is that our competitiveness in the international market has been maximized. How can our European and American photovoltaic companies compete with us? The export side has also brought strong growth expectations."

Although Lin Chuan's words were like wishful thinking, they were not without basis.

At this moment, all the CEOs present were completely bewildered by what Lin Chuan said. Putting everything else aside, the pie in the sky he was painting was really tempting, and they were getting a little addicted.

If it weren't for the need to save face, the large number of people present, and the fact that some of them were a generation older than Lin Chuan, many would have applauded.

An observer from a state-owned power company present at the scene thought to himself, "This young man is truly remarkable."

At such a young age, he not only held his own against two-thirds of the industry's CEOs without flinching, but also dominated the entire room, igniting the emotions of the CEOs present.

However, the bosses' emotions rise and fall quickly.

After all, they're all old foxes.

Over the next half hour, the CEOs of various manufacturers discussed the cooperation model proposed by Lin Chuan in more detail.

The talks lasted until around 12:40 PM before finally ending.

None of the major manufacturers made a statement on the spot, all saying they would go back and study it further.

Lin Chuan didn't demand that they immediately express their opinion, after all, this was a crucial decision concerning the future and survival of their company, and it was unlikely that they would make a decision so hastily.

But the most crucial point is that Lin Chuan isn't worried at all.

If these manufacturers are unwilling to get involved, as long as this news gets out to the outside world and into the capital market...

Within a month, many startup teams will receive funding from capital, announce their entry into the photovoltaic industry, and then visit DeepBlue Technology to meet Lin Chuan.

They all expressed that while the industry veterans were unwilling to get on board, they were!

Meanwhile, the capital market is closely watching this matter.

There is a consensus among both practitioners in the photovoltaic industry and investors in the capital market.

This gathering of industry giants will reshape the landscape of China's photovoltaic industry and even influence the future development trend of the global photovoltaic industry.

-

Large funds and major investment institutions are using their resources and connections to gather information.

Ordinary retail investors and small and medium-sized investors do not have such information channels and resources, and cannot compare with large institutions.

If you want to participate in the game, you have to buy in advance to gain the upper hand.

DeepBlue Technology's stock price had already hit the daily limit during trading today, triggering a buying frenzy. After gaining an early advantage, investors are now betting on future prospects.

As for those who didn't get any shares today, some savvy investors or veterans know they can only wait and see tomorrow.

Tomorrow there will be no buying opportunities, only selling opportunities.

If it exceeds expectations, it will definitely hit the daily limit up, making it impossible to buy in.

If you manage to buy in, there's a very high chance you'll be trapped, and the probability of being trapped and killed is extremely high.

This ticket is currently extremely popular, attracting a lot of market attention.

Today's trading data was released, and DeepBlue Technology was prominently featured on the list, with both institutional and speculative investors making large purchases.

It's clear that this stock is now being played by retail investors, institutional investors, and speculative funds.

Because of its large capacity, high trading volume, high volatility, and strong expectations, there are many stories to tell.

Its popularity is growing, and it's generating money in the short term.

In the current bear market environment, DeepBlue Technology's stock has become highly recognizable, further attracting various funds to speculate on this stock.

Around 8 p.m., a major piece of news broke in the market.

An insider revealed the details of the daytime discussions between major photovoltaic giants and DeepBlue Technology, including the cooperation model advocated by Lin Chuan.

That evening, it caused a sensation in the capital market, and the stock forum comment section was buzzing with discussion.

Is this rumor true?

[Could any seasoned analysts analyze whether this is good or bad news?]

[A feast for holders, a limit-up opening tomorrow is guaranteed!]

[This is definitely a major positive development. If the agreement is signed, DeepBlue Technology will directly capture 35% of the entire photovoltaic industry's profits, becoming the industry's "father figure," and other competitors will have to defer to DeepBlue Technology.]

To put it another way, you can think of DeepBlue Technology as the Apple of the photovoltaic industry.

[In terms of industry standing and dependence, it is even more so, because DeepBlue Technology's technological monopoly is too strong; its competitors simply cannot bypass it, and if they do, they cannot compete.]

[I missed out, will I still have a chance to get on board tomorrow?]

[There's no chance anymore. Tomorrow it'll definitely be a limit-up day. If it doesn't, it'll fall short of expectations, and then it might be a trap.]

[How could a stock with a market capitalization of over 3600 billion yuan possibly experience a limit-up opening? That's just too outrageous!]

[The total market capitalization is large, but the free float is very low, only around 300 billion yuan. Moreover, it's unlikely that Shenhong, the major shareholder, will sell, further reducing the free float.]

[I sold it at a loss of over eight yuan, and two days later it started to rise sharply. I've watched it rise all the way up to where it is now, and every time I see it, my heart aches.]

The following Tuesday.

DeepBlue Technology's stock price opened at 62.74 yuan, rising 9.99% to the daily limit with reduced volume, successfully achieving a two-day winning streak.

The stock price also broke through the high of 61.61 yuan, setting a new historical high.

Meanwhile, 36 listed companies in the photovoltaic sector also saw a surge in their share prices hitting the daily limit today.

The market had been falling sharply in recent months, and the sector was almost abandoned by investors, because new expectations were emerging that traditional photovoltaic manufacturers would face significant challenges.

They are practically no match for DeepBlue Technology.

However, the news that has been revealed now indicates that the cooperation model advocated by DeepBlue Technology at least eliminates the risk of bankruptcy and closure for other competitors after losing the competition.

On Wednesday, DeepBlue Technology hit its daily limit again, marking its third consecutive day of limit-up gains.

The stock price continued to reach a new high of 69.01 yuan, and the company's market value exceeded 4000 billion yuan for the first time, climbing to 4367.64 billion yuan.

Since the market crash in June, the stock price has been dragged down to 34.16 yuan, with a cumulative increase of more than 102.02%.

Starting from a low of 7.91 yuan in March of this year, the stock has risen by a cumulative increase of 772.44%.

Since its backdoor listing last year, the cumulative increase has soared to +1750.13%.

In just 15 months, it increased by 17.5 times.

Moreover, judging from this trend, it will continue to reach new highs tomorrow, and it is far from reaching its peak.

In the afternoon, at the headquarters of DeepBlue Technology.

Lin Chuan had just returned to his office from the "Aurora Project" department when Jiang Miaolan pushed open the door and entered the office a few minutes later.

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"This is DeepBlue Technology's interim financial report."

Jiang Miaolan placed the financial report on her desk and continued, "In the first half of the year, the company's revenue was 148.82 billion yuan, a year-on-year increase of 1212.34%, and net profit was 21.55 billion yuan, a year-on-year increase of 163.12%."

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She added, "In addition, the company has cash reserves of 126 billion."

Lin Chuan immediately picked up the financial report and looked at it.

Excluding the first quarter's performance, the company's revenue in the second quarter of this year was 93.69 billion yuan, and its net profit was 12.07 billion yuan.

Among them, the military industry business segment generated revenue of 82.69 billion yuan and net profit of approximately 4.13 million yuan. The first generation of stealth combat suits is being delivered in batches this year, and those delivered during the second quarter are included in the second quarter's performance.

The revenue from the plasminoides business reached 11 billion yuan, with a net profit of approximately 7.94 million yuan.

This portion mainly consists of order revenue from Henghui Group.

As for business orders from the three Middle Eastern countries and South Korea's SK Group, there were no settlements in the second quarter; they will be settled in the second half of the year.

Lin Chuan nodded: "Disclose it."

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