Rebirth: Return to 1991 to be the richest man

Chapter 1702 There is a rumor

Scientific research does not mean that if you invest money, you will see results.

Regardless of the industry, scientific research always involves risks.

Once scientific research fails, it means that the huge investment in the early stage will all turn into a bubble.

Funding investment in scientific research has never been a small amount.

If it is a small company, a scientific research failure may bring down the entire company.

For a large company, the ability to take risks should be strong.

But in scientific research, the number of failures it can endure is also limited.

Qiuhai's investment in scientific research is unmatched by other domestic companies.

Many domestic electrical appliance companies are actually assembly plants.

The sales volume of their products is good, but the profits are horribly low, and all they earn is hard-earned money.

Most of the profits are spent on those expensive parts.

On the other hand, Qiu Hai develops and produces most of its components in-house.

The continuous increase in sales will continue to lower the cost of each product of Qiuhai.

In this case, the profit that Qiuhai can get from each product will basically be the same as those of foreign-funded enterprises.

Qiuhai has developed so rapidly in recent years precisely for this reason.

Chen Jianghai smiled and asked: "Old Pan, what do you think?"

"Awesome!" Pan Min gave a thumbs up and expressed heartfelt admiration.

Pan Min said this not as a compliment, but because he really thought it was awesome.

It can be seen from these equipment that Qiu Hai has really worked hard in this regard and spared no expense.

Hearing Pan Min's answer, Chen Jianghai smiled slightly: "If I have the chance, I would also like to visit Kelon's R&D center."

Speaking of this, Pan Min said a little awkwardly: "Jiang Hai, I'm afraid I will disappoint you by then."

Chen Jianghai said jokingly: "Old Pan, I know how to do research and development. You are definitely one of the first people in the country. How can you let me down?"

"Hey, don't tell me."

Pan Min waved his hand, obviously mentioning something sad, and his expression was a bit sad.

Chen Jianghai smiled lightly and did not ask further questions.

The reason for this cannot be explained clearly in just one or two sentences.

Later, Chen Jianghai took Pan Min to see the entire scientific research center.

After the visit, Chen Jianghai invited Pan Min to his office.

As soon as she entered the office, Pan Min couldn't help but sigh.

"Jiang Hai, your R&D center really opened my eyes! If I didn't know that this was in China, I would have thought that I was walking into one of those internationally renowned large companies."

Chen Jianghai waved his hands and said with a smile: "Compared with foreign countries, we are still quite far behind."

Pan Min admired Chen Jianghai very much for being able to remain humble under such circumstances.

There is a reason why Qiu Hai can develop so fast and so big.

"Jiang Hai, thank you for showing me around today." Pan Min thanked him.

Chen Jianghai smiled and said: "What does this mean? Lao Pan, why did you come to Xijiang this time?"

Pan Min answered truthfully: "I came here to inspect and see if there is a suitable place to build a production line here."

Pan Min did not hide his purpose.

Chen Jianghai couldn't help but sigh in his heart.

Pan Min worked so hard, but he didn't know that his home was about to be stolen.

Thinking of this, Chen Jianghai mentioned another thing: "Old Pan, there is a piece of gossip. Have you heard about it?"

Pan Min looked at Chen Jianghai curiously and asked, "What's the news?
"The bosses are getting ready to take action. State-owned enterprises are going to start reorganizing and clarifying their property rights." Chen Jianghai replied calmly.

Upon hearing such news, Pan Min's expression changed slightly. "Jiang Hai, this news..."

Before Pan Min finished speaking, he was interrupted by Chen Jianghai waving his hand.

"I told you, this is hearsay."

Pan Min calmed down immediately, and Chen Jianghai made it clear that he didn't want to talk.

But Pan Min didn't take Chen Jianghai's words as a joke.

If this is really the case, then his current situation is not good.

"Jiang Hai, thank you for telling me this news." Pan Min said with great gratitude.

Seeing Pan Min's look, Chen Jianghai knew that he didn't realize what consequences this matter would bring to him.

If that's the case, let's talk more openly.

Chen Jianghai followed up: "Don't you think your current situation is a bit dangerous?"

Hearing what Chen Jianghai said, Pan Min's face changed slightly and she said harshly: "Jiang Hai, I don't understand what you are talking about."

Regarding Pan Min's pretending to be dumbfounded, Chen Jianghai smiled slightly and didn't take it to heart.

At Pan Min's age, naturally he would not admit these things easily.

"The property rights of your companies are all in the hands of the government. You don't have any decision-making power. Am I right?" Chen Jianghai said with a smile.

Chen Jianghai's words immediately changed Pan Min's expression.

He didn't expect that Chen Jianghai would be so understanding of his current situation.

You know, this is the first time the two of them have met!

And even people who know him may not know his current situation.

It's a pity that Pan Min didn't know that Chen Jianghai had read a lot about his situation on the Internet in his previous life.

To put it a bit exaggeratedly, Chen Jianghai probably knows these things better than Pan Min himself.

It is precisely because of this that Chen Jianghai thinks Pan Min is definitely a pity person.

If Pan Min can continue to work in Kelon, maybe the air-conditioning industry will really undergo earth-shaking changes.

At least in terms of technology, China may be able to catch up with those foreign-funded enterprises within ten years.

It is a pity that Pan Min will leave Kelon this year and leave the company he founded.

After Pan Min left, Kelon's emphasis on R&D dropped sharply.

Since that time, Kelon has also evolved into an assembly plant, not an assembly plant with its own technology.

It is absolutely sad for an entrepreneur to have no autonomy in his own business.

It is precisely because of this that Pan Min envies Chen Jianghai very much.

The entire Qiuhai can be said to be Chen Jianghai's back garden.

No matter what kind of orders he issues, the people below will obey them honestly.

No one or anything in Qiu Hai can restrict Chen Jianghai.

Pan Min feels that if the same can be done in Kelon, Kelon will develop faster and eventually even reach the highest peak.

However, Pan Min could only think about such things in his mind.

It's almost impossible to do this.

It is simply impossible for today's state-owned enterprises to give Pan Min such great power.

In other words, they did not dare to give Pan Min such great power.

Now Kelon can be said to be a major profit and tax player in the local area.

If the local government hands over all power, they are afraid that Pan Min will take too big a step.

If something goes wrong, local tax revenue will be affected.

(End of this chapter)