Free Web NovelChapter 1256: Chapter 605: The Invariance of Speed in Compressed Space_1
Companies operating under normal market conditions definitely need to publicly seek initial investment.
Zhao Yi and Liu Jiankun thought the same, and they contacted several of the country’s top manufacturing and technology companies to explain the newly established company.
The leaders of these companies gathered and quickly made a decision after a brief meeting.
Because the leaders were Zhao Yi and Liu Jiankun, they only needed to make a small investment to get a small portion of the internal equity. The new company would definitely cooperate with these companies in the future, so for them, it was all benefit and no harm.
A week later, the industry received the news.
Aviation Group planned to establish ’Yixing’ Aerospace for research and development, with Aviation Group holding a fifty-one percent stake.
The name ’Yixing’ was decided upon after consultation by several people. They had drafted many names, and Liu Jiankun even suggested calling the company ’Zhao Yi’, with a very compelling reason, "Many foreign companies use personal names as their company names. Academician Zhao, you are very famous, and if it’s named after you, I believe no one would object, and the brand could quickly make a name for itself."
Zhao Yi reacted with a darkened expression.
A company named Zhao Yi?
Only someone truly lacking in sophistication would choose such a name.
The final decision was to name it ’Yixing’, with ’star’ representing the universe and grandeur, and ’Yi’, needless to say, was from Zhao Yi’s own name.
The fact that Aviation Group was setting up a subsidiary wasn’t a big deal, but the new company’s public solicitation of investment and its decision to operate on the market meant the establishment of a company likely to go public in the future, which was quite unusual.
Moreover, Zhao Yi was listed first among the key personnel of the company. freewebnøvel.com
Others included Liu Jiankun, Zhou Haoren, and executives from seven other top domestic manufacturing and technology companies, which signified the high importance placed on the newly established company.
This news immediately drew attention within the industry.
Although it was only internal industry news, those in the know were all leading figures, and some foreign tycoons and conglomerates also received the news.
Many were interested.
Firstly, in the last two years, Aviation Group had become unparalleled, leveraging anti-gravity technology and Spatial Connection Technology to become a highly internationally renowned company with cutting-edge technology.
Anti-gravity technology and Spatial Connection Technology had also brought substantial profits to Aviation Group. Unfortunately, most of these profits did not belong to the secondary market. Nevertheless, Aviation Group’s stock price had soared, multiplying more than twenty times over the past two years.
Now that Aviation Group was openly seeking investment to start a new company, which might eventually go public separately, many felt that there were definitely business opportunities to be had.
Secondly, it was due to Zhao Yi’s personal influence.
Zhao Yi’s influence was truly immense. Not to mention his capabilities in scientific research and technology, he was also very famous in the investment field. Many considered him to be even better than Buffett, it’s just that he was too young and didn’t have as much capital. Even though his stock market earnings were relatively smaller, his annualized returns from stock market investments averaged over three hundred percent.
His scientific research and technological capabilities were absolutely world-class. freēwēbηovel.c૦m
As one of the main people in charge of the new company, Zhao Yi was certain to make a significant personal investment. Following his investments was definitely an opportunity.
At the same time, they also had an understanding of the domains the new company would cover—
Aerospace!
The company, named Yixing Aerospace Technology Co., Ltd., was clearly aiming to make a big splash in the aerospace domain.
If it had been any other company specializing in aerospace, it would have been scoffed at because internationally there were no enterprises dedicated solely to the research of aerospace technology, which typically fell under the jurisdiction of various Aerospace Bureaus, that is, scientific research institutions.
This was mainly because the current research and development in the aerospace field could not be widely used for civilian purposes and it was difficult to generate profitable returns.
From this perspective, most were relatively calm.
They decided to attend the new company’s investment meeting to see the situation before considering whether to invest.
At the moment, Yixing Aerospace was rather underwhelming. The industry buzzed with rumors, but Yixing Aerospace had only just been established, possessing a few dozen technical staff who had been transferred over, along with several capable researchers.
The tangible assets consisted only of a few factory buildings in the Zhengyang Phoenix Bay Development Zone, two office buildings, and a large tract of commercial land in the suburban area.
All of these put together weren’t worth much.
The registered capital of Yixing Aerospace was a symbolic one hundred million RMB, which sounded like a lot but was pitiful relative to its fame.
The announcement from Aviation Group stated that the group would allocate funds as a percentage of the total investment raised, meaning no formal funding had been done yet.
Everything was still in preparation.
In the case of a very promising investment project, it was not enough just to wait for news; many people were also actively seeking information.
However, as Yixing Aerospace was a newly established company and many of its plans were still just in the minds of Zhao Yi and Liu Jiankun, getting information was not easy.
Everyone returned empty-handed and could only continue to wait.
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After Zhao Yi finished dealing with the new company’s affairs, all he needed to do was wait for the investment meeting.
In the Z-wave experimental group, they were also waiting for the Z-wave device components to be upgraded before they could continue the experiment or create cores for the fusion reactor.
