RPAGF Chapter 59 FY Technology's Astounding Cash Reserves
Chapter 59 FY Technology's Astounding Cash Reserves
Chapter 59 FY Technology's Astounding Cash Reserves
Sunday, the autumnal equinox.
It was well past noon when Huang Feiyang finally got up and went downstairs.
Just like yesterday, Chen Xiruo was processing various documents for Xinyang International Trade.
And Yang Yiyi, this pretty girl, went to learn how to cook early in the morning.
However, the two beauties had completely different plans for how to allocate their time in the evening.
In the evenings, Chen Xiruo would occasionally watch soap operas or read some finance-related books, while Yang Yiyi would handle various company documents.
Huang Feiyang had teased Chen Xiruo before, saying, "Don't you want to win me over with your stomach?"
Chen Xiruo's reply left him sweating profusely: "I want to be your right-hand woman, not your little woman!"
"Joruo!"
Huang Feiyang put his arm around Chen Xiruo's slender waist and sat down.
Chen Xiruo glanced back at Huang Feiyang as a greeting, then lowered her head to continue processing various documents.
Huang Feiyang was already used to Chen Xiruo's aloof personality.
You should know that among her peers, apart from herself and Yiyi, she was cold to everyone else.
That's just his personality, nothing more to say!
"Feiyang, what do you think? Would it be worthwhile for Xinyang International Trade to invest in some land? Anyway, we still have a lot of funds in our accounts!"
"I think that the domestic real estate market may experience a period of rapid growth in the next ten or twenty years!"
After working for quite a while, Chen Xiruo finally stopped what she was doing.
Nestled in Huang Feiyang's arms, Chen Xiruo yawned lazily and looked at Huang Feiyang for advice.
Upon hearing Chen Xiruo's words, a fleeting look of surprise crossed Huang Feiyang's eyes.
Ruoruo has a really sharp eye!
In his heart, he secretly gave it a thumbs up.
What will the real estate market be like in the next ten or twenty years? Need I say more?
Land hoarding is undoubtedly a very suitable investment!
"Of course!"
Coming to his senses, Huang Feiyang said decisively.
"In the future, land will only become more and more valuable!"
"Speaking of which, I'm already planning to have the Huang Group buy up land on a large scale and develop commercial real estate projects on a massive scale!"
Huang Feiyang then added.
"Then I know what to do!"
Blinking, Chen Xiruo smiled sweetly.
Since Huang Feiyang has said so, she has nothing to worry about.
In her eyes, Huang Feiyang's talent and business acumen are godlike.
Since he said that, it proves that his judgment is correct.
Since he started doing business, this guy has never made a single loss!
Moreover, the returns on each investment are exceptionally impressive.
"By the way, how's Xinyang Trading's business this month?"
Huang Feiyang gently ruffled Chen Xiruo's hair and asked curiously.
"Besides making a fortune from our collaboration with FY Technology, we should be able to earn another ten to twenty million from our other orders this month!"
"Speaking of which, we really owe a lot to FY Technology and the Li Group for making us famous!"
When the topic turned to the company, Chen Xiruo's face showed a sentimental expression.
She understood that if it weren't for Huang Feiyang's help!
If not for suing the Li Group!
It will probably take quite some time before Xinyang International Trade can become profitable.
The chips provided by FY Technology made Xinyang International Trade famous overnight.
I heard that major mobile phone manufacturers are still negotiating with FY Technology to purchase chips!
Furthermore, no company has been able to reach an agreement yet?
What pleased Chen Xiruo the most was the rise of Xinyang International Trade.
Within her family, her business achievements already far surpass those of others.
Yang Yiyi is the same!
In business matters, the two of them did not utilize any of their family's resources.
However, Xinyang International Trade continues to thrive.
They proved themselves with their abilities!
Although they all got help from Huang Feiyang, so what?
In any case, they just had to outperform their cousins who were going into business.
that's enough!
In less than a month, he made tens of millions!
With the addition of the new $1 million investment, it's something they can only dream of.
"Ruo Ruo, do we really need to be so polite with each other?"
Huang Feiyang kissed Chen Xiruo's cheek and chuckled.
"Hate!"
"..."
……
While Huang Feiyang and Chen Xiruo were being affectionate, in Guangzhou, FY Technology...
Negotiations between George and representatives of numerous mobile phone manufacturers have temporarily come to an end.
Ultimately, he still managed to rip off six of the most powerful mobile phone manufacturers.
The transaction price for each set of chips is 550.
Starting at 300 million units!
Six mobile phone manufacturers directly divided up 2000 million sets of FY Technology's chips.
In other words, FY Technology earned 110 billion yuan just from selling chips.
Back then, FY only spent a few billion dollars to order these chips from MTK.
This also means that FY Technology made billions of dollars in a single transaction.
"Hahaha!"
After the numerous manufacturer representatives left, George couldn't help but burst into triumphant laughter.
This feeling is really cool!
In addition, he was starting to feel a little hopeful.
Next, will major mobile phone manufacturers engage in a fierce commercial war?
After all, they all received roughly the same number of chips.
At the same time, this transaction also directly resulted in FY Technology's cash balance exceeding an astonishing 400 billion.
George showed no mercy to the major mobile phone manufacturers.
Need a chip?
you can!
If you pay money, you must deliver the goods on the same day!
No credit allowed!
George immediately called Huang Feiyang to report the good news.
Then, he asked about FY Technology's next development plans.
"BOSS!"
"We have the money to build our headquarters and research center! We have the money for research!"
"With so many chips being released, we're likely to see a significant drop in our phone shipments!"
"So, what new products am I planning to develop?"
Upon hearing George's words, Huang Feiyang was happy but also fell into deep thought.
400 million?
That seems like a lot!
However, building the headquarters and research center would be a huge expense.
What about research funding?
What about research equipment?
These are all extremely expensive!
New product?
His first thought was to make mobile phones!
However, some of the mobile phones in his mind are simply impossible to make with current technology.
It seems we still need to make some transitional products.
"MP3 or MP4, I guess!"
After thinking for a moment, Huang Feiyang replied.
He then gave a special explanation of how MP4 works.
MP3s have been popular overseas for a long time now, so there's no need to explain further.
As for MP4 players, although the technology was invented in 1996, there are no mature products available on the market now.