Chapter 2503 Fatal flaw?
Chen Jianghai has a long-term vision. At present, the most critical thing about LED lights is to wait for policies and publicize the benefits of LED lights. When the time comes, the lamps of the old era will be eliminated and replaced by LEDs. lamp.

And when LED lights enter thousands of households, this will form an extremely scary market.

Therefore, making a profit is inevitable, and paying back the capital is only a matter of time.

But why should we agree to Lin Youcai, who only has technology and no resources?
He hasn't even established a factory yet, so what demands can he make to Chen Jianghai?

Just technology?
To put it bluntly, if Chen Jianghai wanted to suppress Lin Youcai, he might be able to directly block Lin Youcai in Fucheng with just one sentence, and then rely on the Qiuhai Group's rich funds to still have great influence , it is not a problem for them to develop their own LED lights.

Time cost, R&D cost, the worst case is burning money.

Is Chen Jianghai afraid of burning money?
It's just a matter of willingness or not.

"Actually, it mainly depends on Luo Hao now. If Luo Hao is tough enough, he can still win this project."

Chen Jianghai said calmly.

Sure enough, Luo Hao raised his head and seemed to have thought of some key issues.

"Mr. Lin, you really... surprised me."

Luo Hao said with a smile.

He didn't agree to Lin Youcai's conditions, nor did he explicitly refuse. He just looked at Lin Youcai with a smile. This smile might have revealed something bad, making Lin Youcai feel even more stressed.

This young man seems to have found something to refute himself, so his aura is different.

"Mr. Luo, you asked me what my demands are. This is my demand. In fact, I also want to complete this project as soon as possible. If you have any demands, you can also put them forward."

Lin Youcai took a step back and said.

"Then I'll just say it straight."

Luo Hao smiled and said, "I want to say that your project is not worth that much money. It is true that I am an angel investor of Qiuhai Group, but I am not taken advantage of. As I said just now, I can only give you [-] million at most." funds, then there will never be more.”

Luo Hao's words surprised Lin Youcai. He didn't expect Luo Hao to say this.

"Of course, I'm not satisfied with the sharing model you mentioned."

"If our Qiuhai Group invests in your project, then I can tell you clearly that we will help you set up a company, which will become a wholly-owned subsidiary of Qiuhai Group, and you will become the owner of this project. A person in charge will become the general manager of this company, and then we will give you [-]% of the shares and project dividends, and the rest may be gone."

Luo Hao's words made Lin Youcai's expression change greatly.

This is really different from the conditions he proposed!

From 50.00% of the shares to [-]% of the shares, and then the right to have a say in the equity has also become project dividends. This is not cutting in half, but directly cutting off the head!

"Sorry Mr. Luo, this is absolutely impossible!"

Lin Youcai said angrily that he is a proud man, so after he has a good project, many investors will come to him.

But because of Lin Youcai's pride, many investors don't like him very much.

Therefore, Lin Youcai repeatedly hit the wall.

"Don't be angry yet, I can tell you why I said that."

Luo Hao said with a smile, now the initiative is in his hands.

"First of all, I still want to tell you that I am interested in this LED project, but I still don't understand it. I hope you can make a detailed report again, preferably on the progress of the industry, future development, and rough estimates of profits. Now that I have these things, maybe I can consider increasing investment.”

"I don't want empty words, I want something tangible that I can see. If not, then why should I invest in you?"

Luo Hao's words made Lin Youcai's mouth twitch, feeling embarrassed.

The project information he gave was indeed beautified a lot, so it looked a bit fake. "Besides, your LED project has a fatal flaw."

Luo Hao said with a smile.

"Fatal flaw? What flaw?"

Lin Youcai asked, slightly stunned.

“If you don’t have enough influence, how can you change the market so that it chooses you?”

Luo Hao said calmly.

These words made Chen Jianghai couldn't help but nod secretly.

Luo Hao finally found the accurate entry point, and Chen Jianghai behind the screen was very pleased.

Chen Jianghai actually knows very well about Lin Youcai's LED lamp product. After the millennium, the traditional lighting industry has undergone great changes, with LED products developing rapidly.

However, no matter in any industry, promoting the development of a product in the early stage requires spending a lot of resources.

The reason is simple, that is, this product is not influential enough.

Now Luo Hao has obviously grasped this point keenly, so it can be used as a favorable argument to refute Lin Youcai.

"Not enough influence? Mr. Luo, how do you say this?"

Lin Youcai frowned and looked at Luo Hao with some confusion.

"It's actually very simple. Whether it's the prospects of your project, Mr. Lin, or the things you told me, if you want to finally achieve a profit-making goal, there needs to be a process."

"In this process, according to what you said, LED lamps will be universalized and put into every home. Then you must have enough influence. It is not enough to just rely on low price and durability."

Luo Hao said methodically, Lin Youcai opened his mouth and asked for so much money, of course he couldn't give it.

“It’s very simple to achieve this kind of influence.”

"Then our Qiuhai Group will take over the business. I think there is nothing in the country that can compare with the golden name of our Qiuhai Group, right?"

At this moment, Luo Hao finally expressed his thoughts, and Lin Youcai was really speechless for a while.

He could not refute Luo Hao's words.

According to Luo Hao's current plan, Lin Youcai becomes the person in charge of Qiuhai Group's LED project and lets him take over these matters, but the big head will obviously also go to Qiuhai Group.

This is not in line with Lin Youcai's ambition.

"Mr. Luo, you are right."

Lin Youcai sighed and said, looking particularly decadent.

He made everything too simple.

After listening to Luo Hao's words today, he finally understood his shortcomings and why the investors he saw did not choose to invest in him in the end.

This is all because Lin Youcai thought too idealistically about this project.

It is not a simple process to truly promote LED lights into thousands of households. It is also impossible to become fat in one bite.

In addition, Lin Youcai is very ambitious and has a big mouth, so ordinary investors may not dare to invest casually.

(End of this chapter)

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