The world's richest man started by developing gutter oil

While Han Chen and Liu Tianwang were on their way back to the Entrepreneurship Park, tens of thousands of Starlink routers and Starlink cards were sold, and the number of downloads of Deep Blue Music reached hundreds of thousands. This result can be said to be very good.

Deep Blue Music still needs a certain amount of time to promote itself if it wants to take off.

United States January 2009, 12.

Sam's Club New York.

There is a large X display stand at the entrance of Wal-Mart. The photo on the display shelf is of a door lock. There is a row of very conspicuous English words in the center of the display shelf.

[Walmart 3D face recognition electronic lock, your new home security guard. 】

Coincidentally, Deep Blue Group has just released a 3D face recognition lock. Walmart is also promoting this product to the market because this product can bring high profits to Walmart. Walmart also puts this product on the market. In the most conspicuous place.

As soon as customers enter the store, they can see the 3D facial recognition lock booth. At this time, the booth is already crowded with customers who come to shop.

"Dear members of Sam's Club, this is the latest product launched by our Sam's Club. It is also the most advanced electronic door lock in the world. With the installation of our face recognition electronic lock, you no longer have to worry about forgetting your keys when you go out. Worry about forgetting the password of the electronic lock.

Because our door lock uses 3D face recognition technology that is only seen in movies.

When you go home, you only need to stand in front of the door lock for 2 seconds, and our electronic lock will automatically perform facial recognition," Danny Mitchell introduced while showing it to customers.

Although the United States is the most technologically advanced country in the world, this is the first time they have seen such a thing.

The ultimate sense of technology and very fashionable appearance have attracted the attention of many onlookers.

“Our electronic lock has the most advanced recognition technology in the world. The reason why face recognition has not become popular is precisely because the technology that most people have is 2D face recognition technology. 2D face recognition technology is easily used. Photos deceive.

To put it simply, a thief can deceive a computer with your photo, but our technology uses 3D technology, and our chip can easily identify whether the thing in front of you is a living person or a photo.

Our chip can also recognize twins, let alone photos. Our electronic lock has a face recognition rate of 99.7% and a twin recognition rate of 99.3%.

"Danny Mitchell Barabara kept introducing this product to customers.

At this time, a middle-aged white customer asked: "Hey, how much does your electronic lock cost?"

"Our facial recognition electronic lock only costs $999. In addition, we provide three years of free warranty service. If you convert by days, you only need to pay $1 per day to enjoy our facial recognition lock. Electronic lock." Danny Mitchell smiled.

"Do you provide home installation services?" Robert Pat asked.

"Sir, all Sam members can enjoy our door-to-door installation service." Danny Mitchell said.

"Bring me a facial recognition electronic lock." Robert Pat said.

"Oli, please register the information for this customer." Danny Mitchell shouted.

"Sir, please come to my side to register." Ollie Gardner sat aside and shouted with her hands raised.

at the same time.

Advertisements related to 3D facial recognition locks appear on major websites and major media.

[Walmart launches the world's first civilian 3D facial recognition electronic lock. 】

[When science fiction comes into reality, human faces can really be used to open doors. 】

[Face recognition technology has finally entered the civilian era, and Walmart has launched a 3D facial recognition electronic lock. 】

Netizens are also talking about the emergence of facial recognition electronic locks.

"When did Wal-Mart have the ability to develop high-tech products? But this product is really great. It can be said that this product is full of technology."

"This electronic lock was not developed by Wal-Mart. It should have been OEMed by Wal-Mart from a company in China. That company held a press conference in China last night. In addition to launching face recognition locks, they also launched faster WIFI. and Bluetooth technology.”

"I saw the press conference you mentioned on YouTube. Their WIFI technology and Bluetooth technology are very impressive."

"No, when did China's high-tech technology become so powerful?"

“Why didn’t I see this online?”

"It seems that they did not invite foreign reporters to their press conference. They only invited reporters from China. However, we will be able to use this product soon. The press conference said that many companies have already cooperated with them."

"What is the difference between their WIFI and Bluetooth and the previously released WIFI4.0 and Bluetooth 3.0?"

"I can't explain this to you in just a few words. To put it simply, their technology is ahead of its time."

Deep Blue Group once again showed its face in the world with these two technologies. However, most people think that these two products are just subsidiary technologies. These two technologies do not have enough influence on the electronic product industry.

2009 12 Month 26 Day.

Butzweig Brooks came to Deep Blue Group early in the morning at Han Chen's invitation.

Han Chen had already made a pot of tea before Butzweig Brooks arrived, and when he arrived, he sat down at the tea table to drink tea with Han Chen.

"Mr. Cao, this should be this year's new tea." Butzweig Brooks picked up the tea cup and took a sip.

"I didn't expect Butzweig to know tea so well." Han Chen poured tea for him again and said with a smile.

"I have been accustomed to the life in China for so many years. My family also moved to China from the United States. Only after living in China for a long time can I know how good China is. I have already considered whether I can live in China after retirement. I’m going to settle in China.” Butzweig Brooks said with a smile.

"It seems that Mr. Butzweig is now half Chinese." Han Chen said with a smile.

"Mr. Cao, what do you want to talk about when you call me here this time?" Butzweig Brooks asked curiously.

"Mr. Butzweig should know about the wireless products we released yesterday. At present, Deep Blue Group has not authorized external technology. Although many manufacturers have purchased chips from us, the supply of chips will not be available until February next year at the earliest. month. I wonder if Wal-Mart is interested in purchasing our wireless products to sell?" Han Chen asked.

"Mr. Cao, I don't dare to buy any more of your products. You sold us an electronic lock for 500 US dollars, but your retail price is 2999. During the launch period, you even held a half-price promotion of 1499. The headquarters was all excited last night. Call me to ask questions." Butzweig Brooks said with an unhappy face.

"Mr. Butzweig, this is just our marketing strategy. You can check it out on Goudong's official website. We only have 99 pieces sold in Goudong, and [-]% of our production capacity is supplied to Wal-Mart.

It will be out of stock for some time in the future. Even if it is available in the future, it will be supplied once every month or two, and only about [-] pieces will be on the shelves at a time.

Moreover, what Wal-Mart purchases from us is all under the Wal-Mart brand. Those electronic locks you sell have nothing to do with us. Wal-Mart has the right to set its own prices.

If we put our dark blue brand on it, our price would only be US$600 at most, and Wal-Mart's profit would not exceed US$100. "Han Chen said with a smile.

"Are your wireless products going to be branded with us, or will they be based on your Deep Blue brand?" Butzweig Brooks asked.

Although the purchase price of Wal-Mart from Deep Blue Technology is a little higher, this product is labeled with their own Wal-Mart brand, which greatly enhances Wal-Mart's popularity.

Moreover, the appearance of this electronic lock has the word Walmart printed on it. Customers can see the Walmart logo as soon as they return home, which invisibly gives them a long-term advertisement for Walmart.

Of course, apart from this reason, Wal-Mart has no choice, because only Deep Blue Group can produce this product in the world. In addition, Wal-Mart has also obtained the exclusive agency rights throughout Europe and North America. Besides, what business can be better than a monopoly business?

This is also the reason why Wal-Mart headquarters can accept such high prices to purchase from Deep Blue Group.

They obtained monopoly power and pricing power from Deep Blue Group at a high price. What better business to do than monopoly and pricing power.

I plan to mainly use the Deep Blue brand for wireless router products. Of course, Walmart would like OEM products, no problem. The price of the wireless router to Walmart is 70 US dollars. I plan to sell Deep Blue’s own brand for 79 US dollars. Our price to Walmart is $67 each.

The OEM price of wireless network card is US$20, the price of Deep Blue's own brand is US$29, and the price we give to Wal-Mart is US$19.

OEM products must be settled at least 50% first. Our own brand products can be sold and settled, and the settlement cycle is once a month. In terms of appearance, Walmart can design it by itself, or Walmart can purchase the design directly from Pegatron.

Our wireless products are OEMed for us by Pegatron. "After Han Chen finished speaking, he picked up the teacup and took a sip.

"Mr. Cao, what is the estimated price of other brands' products after they are put on the shelves?" Butzweig Brooks asked.

"The price of our chips for other brands is 189 RMB. Their cost including R&D, design and other expenses is about 350 RMB. Their retail price is at least 499 RMB. The selling price in the United States is estimated to be RMB 99. Go to $[-].

As a first-launch product, even if we sell it for US$129, it is not very expensive, and we are on the market at least half a year earlier than them. Half a year is enough for us to seize a lot of the market. "Han Chen said.

"Is there a purchase quantity limit for OEM?" Butzweig Brooks asked as he picked up the tea cup and took a sip.

"The five-to-five ratio is based on how many dark blue routers Wal-Mart sells and how many OEM products Wal-Mart will match," Han Chen said.

"No problem." Butzweig Brooks said after thinking about it.

This business has no long-term mandatory requirements, which is quite beneficial to Wal-Mart. Moreover, Wal-Mart also followed Deep Blue to obtain the right to start the game this time. Wal-Mart can take advantage of this opportunity to make a fortune.

"I'll ask Chang Huazhang to talk to you about the contract later," Han Chen said.

"It's a pleasure to work with you." Butzweig Brooks extended his hand and smiled.

"It's a pleasure to cooperate." Han Chen shook hands with the other party and said with a smile.

Not long after the insecticide sent Butzweig Brooks away, he received a call from Changsun Chuanfu.

This is the first time Changsun Chuanfu has called Han Chen in two months since he came to work in China. Of course, the two of them usually chat about work through WeChat. When he went to Beijing last time, Changsun Chuanfu went to Shanghai to discuss projects, so Han Chen I have never seen anyone whose grandson passed on wealth.

"Chuan Fu, why did you think of calling me?" Han Chen asked with a smile.

"Brother Chen, Walden International holds 11.7% of Amap's shares. They plan to transfer these shares due to financial problems. After analysis, Brother Lin and I feel that these shares can be acquired, so I called you to ask what you mean." Changsun Chuanfu said.

"At what price do they plan to transfer it?" Han Chen asked.

"Walden International plans to transfer the shares at a valuation of 50 billion. If we don't want these shares, they will transfer the shares to Sequoia. Although the price they gave us is higher than that to Sequoia, I think the valuation of 50 billion is It’s still worth it,” Changsun Chuanfu said.

"There is no problem with the valuation of 50 billion. You can just take it. Then contact other shareholders to see if any shareholders want to transfer. It is best to get more than 30% of the shares, but this time the investment vote must be taken. Got it," Han Chen said.

"Okay, I'll go back and ask Sequoia and Lenovo International Investment, but I guess they won't transfer these shares because AutoNavi is expected to be listed next year." Changsun Chuanfu said.

"If you have a chance, just take it. If you don't have a chance, forget it. If you don't have a chance, let's talk about it later. Just keep an eye on it. You can also talk to Boss Gaode and find a way to get as many shares as possible." Han Chen said.

Amap is a good company for Han Chen. DeepBlue will definitely build cars in the future. Unmanned driving requires map technology. Amap is a good choice for DeepBlue, and the market value of Amap at this time is Still very cheap.

In the future, the market value of Amap will reach at least 400 billion, so why not buy it now?

"But there isn't much money left in the company's accounts. We still have several projects to discuss here." Changsun Chuanfu said.

"You don't have to worry about money. If you really need it, I can give you even 100 billion," Han Chen said.

"Okay, if there's nothing else to do, I'll hang up now. Brother Lin is still waiting for me to have a meeting." Changsun Chuanfu said.

"Okay, you go to the meeting first." Han Chen hung up the phone after saying that.

As Han Chen said just now, he has more than 100 billion in funds on hand. He is thinking about how to spend the money. The money must be spent when it is valuable. Otherwise, it will only earn interest if it is left in the bank. It is better to take to deploy other industries.

If Changsun Chuanfu hadn't called him, Han Chen wouldn't even have thought about setting up the automobile industry.

However, Han Chen will not acquire any car companies to build cars. He prefers to do basic research and development of cars, such as the operating system of electric cars, or the MCU chips needed to develop electric cars, etc.

We will wait until the time is right to produce cars. This time is only suitable for layout. (End of chapter)