Chapter 1323: Chapter 633: Just Ask, Who is Still the Opponent!
Yixing Technology paid a substantial amount for patent fees, which, compared to major international companies, the billions in patent fees would not be much.
However, Yixing Technology had not developed into a major international company yet; its initial funding amounted to only tens of billions, so spending billions on patents and technology was definitely a major move.
Of course, compared to future profits, this would not be much.
If Yixing Technology were a public company that had disclosed the manufacturing of Energy-Gathering Satellites around the sun and space energy transmission technology, it would certainly cause the company’s market value to soar.
In the current international market, a single technological concept could attract tens or hundreds of billions in funding, not to mention the ability to truly manufacture high-tech products.
Even if it was not a public company, the valuation would significantly increase after the news became public.
Of course.
Now was not a good time to release this news.
Once rationality returned, the development of the company still needed to be based on profitability.
After completing technical negotiations and actually starting the manufacturing of the Energy-Gathering Satellite, Yixing Technology did announce one piece of news—
Yixing Technology Company reached a patent technology collaboration with Advanced Compression Materials, Space Technology Information, and the Aerospace Bureau, paying a technology patent fee of 13 billion.
This was a public financial disclosure.
This news did not arouse public attention, mainly because Yixing Technology was newly established and had not yet gone public, so its global influence was limited.
In addition, those who knew of Yixing Technology were aware that the company was engaged in aviation-related R&D, so hefty initial investments were to be expected.
But within the industry, it was a different story.
When Yixing Technology was first established and raised more than 10 billion in funding, it sounded immense, but that was all it was, tens of billions, and now the company had spent over 20 billion RMB on patent technology fees alone, which accounted for 20 percent of the initial funding raised.
This ratio was still too high. Subsequent investments in the manufacturing of spacecraft would definitely involve many patents, and the expenditure for patent fees would rise to an astronomical figure.
Many investors of Yixing Technology began to worry about the returns on the company’s earnings.
Yixing Technology claimed to be a regular enterprise, but also sported the label of Aviation Group. What if it just kept doing R&D, pouring in resources without output, and had no profitability in the future?
Many investors were indeed very concerned. freewebnovel.cσ๓
The main investor in Yixing Technology was Aviation Group, but other investors included Zhao Yi, Liu Jiankun, top domestic manufacturing enterprises, as well as some of the top wealthy individuals who were interested in long-term benefits and certainly didn’t mind the short-term hefty investments.
Yet, there were also some lesser tycoons who had invested to a certain extent.
These individuals were more concerned about investment returns, and they turned out to be the group most concerned with Yixing Technology’s investments and R&D.
After careful study, they were no longer worried about future earnings; instead, they became somewhat expectant. The substantial spending on patent technology was directed at the Science and Technology Information Company, Advanced Compression Materials Company, and the Aerospace Bureau, which could almost be seen as contributions to the latest technology and space exploration.
This financial disclosure could, in a sense, be interpreted as incurring a large amount of patent and technology fees by manufacturing some sort of high-tech product.
"What could they have manufactured?"
"Spacecraft!"
The initial goal of Yixing Technology was to manufacture small spacecraft.
The current targets of their patent technology spending corroborated the manufacture of spacecraft, making them look forward with anticipation, hoping to hear more news in the future.
If Yixing Technology could truly produce a small spacecraft, even if the profit point was not immediately visible, the company’s valuation would greatly increase. Investments always focus on the potential of the future, especially as the universe spaceship project has been established and becomes a major international initiative. Manufacturing complementary small spacecraft then implies significant future potential.
——
The manufacturing of the Energy-Gathering Satellite had begun.
In fact, during the manufacturing process, Yixing Technology only played a supervisory role, which essentially meant that the technology and design were provided, just waiting for the collaborating enterprise to produce the corresponding product.
Zhao Yi became relatively free, but he still had many tasks at hand.
Firstly, his task was to design the "Energy-Receiving Device".
Zhao Yi didn’t plan to immediately design the high-power Z-wave satellite; as the Energy-Gathering Satellite had begun construction, designing a high-power Z-wave satellite would require a significant amount of money and effort, as well as additional technical support.
This process would definitely require a lot of funding.
Money was the most crucial.
Zhao Yi’s idea was to first make the company profitable, and with substantial profits, any research and development would become much easier.
This was mainly because there wasn’t a directly profitable point in exploring Mars.
If one were to only engage in high-tech R&D, this would necessitate a continuous stream of capital input. Even if it was favored internationally, there has to be a party to pay the bills. Adding another large investment—personally, he would have no issues, but Aviation Group and other investors would most likely have objections. freēwebnovel.com
Therefore, achieving substantial profits first was important. With high profits, investing in R&D would no longer be an issue.
Once the Energy-Gathering Satellite was manufactured, it could be launched and start operating normally around the sun in no more than two to three months.
Energy cannot be wasted; time is money.