Chapter 1838 Tomorrow's New Energy Follow-up Plan
Chapter 1838 Tomorrow's New Energy Follow-up Plan
"What did you say?"
Chen Mo wondered if he had misheard. Chang Zishan had not only developed a battery, but also collaborated with Hualing Group.
During this time, he also saw the advertisements for Hualing Group's ultra-long battery life phones.
At the time, I was still thinking about whether I should buy one to take a look.
Unexpectedly, the ultra-long battery life of this mobile phone uses battery technology from Tomorrow New Energy, and Tomorrow New Energy will be able to share in the profits.
"President Chen, our Tomorrow New Energy and Hualing Group..."
Chang Zishan patiently repeated it.
Upon hearing Chang Zishan's words, Chen Mo's last bit of relief vanished.
He wasn't sure what the sales figures for new energy vehicles would be tomorrow, but he was certain that Hualing Group's mobile phones would have significant sales.
After all, Hualing mobile phones already have a good brand, and now with the support of groundbreaking battery technology, they are sure to sell very well.
By then, it's uncertain how much profit Tomorrow New Energy will be able to share.
Chen Mo was speechless. He had thought about many companies going bankrupt, but he never imagined that Tomorrow New Energy would go bankrupt.
After all, in his plan, it would take at least two years for Tomorrow New Energy to be successfully developed.
Chen Mo took a deep breath, slowly calmed himself down, and looked up at Chang Zishan.
What are your plans for Tomorrow New Energy Company going forward?
Now that things have already happened, and he hasn't changed anything, we can only wait and see what Chang Zishan's plans are next.
At the very least, we must prevent Tomorrow New Energy from generating any new large amounts of revenue.
"Mr. Chen, our greatest asset at Tomorrow New Energy right now is our battery technology."
"After thinking about it, I realized that there are many directions for the expansion of battery technology. My next step could be to consider the development of power banks and electric vehicles."
"However, our Joy Auto expansion project also includes electric vehicles. All electric vehicle production will commence after the Joy Auto expansion factory is completed."
"Our current goal is to develop power banks. With our battery technology, our power banks can completely seize the power bank market."
Chang Zishan briefly explained her thoughts.
Chen Mo was startled when he heard Chang Zishan's words.
He doesn't care about electric cars or anything like that; all he wants is for Tomorrow Group to make more profit.
However, the power bank project might be more troublesome.
At the end of last year, during the Xialian Chamber of Commerce meeting, he talked to Chen Cong and Du Ziteng about the shared power bank project.
The emergence of smartphones with ultra-long battery life has already had a certain impact on shared power bank projects.
If Chang Zishan were to bring her battery technology into the power bank business, their shared power bank project would likely lose money.
And there's something even more worrying: what if Chen Cong's shared power bank project uses Tomorrow New Energy's battery technology?
So, does his collaboration with Chen Cong on the shared project mean he's connected to Tomorrow Group, just like with those 11 songs before, where the money ultimately didn't belong to him personally?
Furthermore, Chen Cong's shared electric vehicle project also has the opportunity to utilize Tomorrow New Energy's battery technology.
After all, given the nature of those "sixth brothers," they might get in touch at any time and then cooperate.
no!
The shared projects he worked on with Chen Cong and the others were a major source of his personal assets. It would be bad if they ended up becoming system funds because of Tomorrow New Energy's battery technology.
Think of this.
Chen Mo looked at Chang Zishan and slowly began to speak.
"I don't think the power bank project is a good idea. We've already partnered with Hualing Group, and we'll definitely see a lot of phones with super long battery life in the future."
"By then, there will definitely be more and more people using phones with super long battery life. How many people do you think will still need power banks then?"
"Moreover, the emergence of our battery technology will inevitably prompt other mobile phone brands to increase their research and development in battery technology. After all, if their battery technology cannot keep up, it will be difficult for them to compete with Huawei Ling Group in the future."
"So in this situation, the battery life of mobile phones will definitely become longer and longer, and in that case, the reliance on power banks will gradually decrease."
"After all, the biggest reason for buying a power bank is the worry that my phone won't have enough battery while I'm out and about."
"But if the battery life of mobile phones increases across the board, how many people will still buy power banks?"
"Therefore, I think the power bank project has no future market potential and is not worth our investment."
Chen Mo said with a serious expression, although he was talking nonsense, he felt that there was some truth to it.
If what he said is true, then wouldn't Chen Cong and his team's continued large-scale investment in shared power bank projects also be affected?
No.
This is too risky. I can contact Chen Cong later. This shared power bank project is not suitable for large investments.
"I understand, Mr. Chen. I won't be doing the power bank project then."
Chang Zishan nodded slightly after hearing President Chen's explanation.
Based on current trends, future mobile phone battery life will definitely get longer and longer.
Even if they enter the power bank business now, they can still make some money, but it probably won't last long.
I suppose Mr. Chen doesn't care about those profits.
Chang Zishan thought to herself.
When Chen Mo saw Chang Zishan nod, he suddenly realized something.
If there's no market for investing in power bank projects, why wouldn't he invest?
Isn't it a project destined to lose money?
If you invest now, wouldn't you be able to lose money?
Why did he refuse?
Chen Mo was stunned, feeling as if he had lost hundreds of millions.
wrong,
Losses are only a possibility, but the bike-sharing project they partnered with Chen Cong and his team is now genuinely profitable.
Now, I can receive a considerable amount of dividends every year.
However, if the power bank project leads to any connection between the shared bicycle project and Tomorrow New Energy, then it would be a huge loss.
One is a clearly profitable industry, while the other is an industry where it's uncertain whether it will incur losses.
Chen Mo thought about it for a while, and then decided to play it safe and gave up on the potentially unprofitable power bank project.
correct,
Chen Cong's shared electric vehicle project also needs batteries, and it wouldn't be good if it got involved with Tomorrow New Energy Company.
Thinking of this, Chen Mo spoke up.
"Furthermore, you are now prohibited from cooperating with any industries outside of Tomorrow Group regarding the battery technology you possess."
"Our battery technology should only be applied to our own industries, such as batteries for future electric vehicles."
"If Mr. Chen does this, we may miss out on a lot of opportunities to make money."
Chang Zishan spoke up.
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