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墨書 Inktalez
On February 16, Ark Technology Co., Ltd. held a product launch event, officially introducing the Patriot Phone to the market.
"4D holographic smartphone? Are you kidding? How could such a phone even exist?"
"It can't be a scam; it was featured on Central Mother’s noon news. If Central Mother endorses it, how could it be fake?"
"I saw that news too, and it's real! My friend just bought one, and its features are far superior to any phone on the market!"
"Am I dreaming? Is a phone from a sci-fi movie really here in reality?"
The Patriot Phone sold out shortly after its launch. In just one month, its sales figures soared ahead of the competition! Stock at specialty stores across the country ran out quickly, and the number of people waiting to reserve one reached astonishing levels.
The popularity of the Patriot Phone was unprecedented; many even queued outside mobile phone stores in the middle of the night to get their hands on one. Major newspapers, television stations, and even video websites were flooded with information about the Patriot Phone.
With its powerful features and technology that far surpasses this era, the Patriot Phone carved out a path in the already saturated smartphone market, achieving remarkable success and earning an incredible reputation among consumers. Within less than a month, the Patriot Phone became the largest smartphone manufacturer in the country, solidifying its position as the dominant player in the domestic smartphone industry.
Consumers are actually the most discerning. With similar prices, the features of the Patriot Phone far exceed those of ordinary smartphones, and with endorsements from authoritative media like Central Mother, people are naturally more inclined to choose the cost-effective Patriot Phone.
Other smartphone brands, having established their foundations long ago, are facing significant challenges under the impact of the Patriot Phone. Although their market share continues to decline, they still manage to retain some loyal customers by lowering their prices, thus mitigating their losses to a certain extent.
Ji Yuan had just finished his coffee and was preparing for work when he received a call from his father.
“Dad, what’s up?”
“Well… I just wanted to ask if I could invest in your company.”
When he asked this question, Ji Father was unusually anxious.
With his business acumen, he could see that Ark Limited has a bright future ahead.
Ji Yuan felt a bit helpless and rubbed his forehead, saying, “Dad, we can’t take on more shares, not even if we throw in money.”
He had invested in the company with technology and held 25% of the shares, while his father had previously invested a sum for 15%. The remaining shares belong to the state, and bringing in more investment would make it difficult for the leadership.
Nowadays, everyone knows that Ark Limited is highly sought after, and those wanting to invest large sums are as numerous as fish crossing a river.
"Dad, why are you suddenly considering increasing your shares?" Ji Yuan asked curiously.
When he previously mentioned investing to his father, he clearly sensed that his dad wasn't taking it seriously. He probably thought that by helping his son, he could justify the investment of 1.6 billion Renminbi for a 15% stake.
It's true that the valuation seems high, especially since the company's projects haven't started yet and it's essentially just a shell company, but the government has already allocated 2 billion Renminbi in funding.
Ji Fu's investment of over a billion for a 15% stake is already quite a bargain.
"I'm just thinking about transforming," Ji Fu replied.
The original Ji Group primarily operated in traditional industries like chain supermarkets, shopping malls, and food processing. It was only in recent years that they began considering a shift towards the film and entertainment sector.
In his view, as the country continues to develop and enter deeper waters, those old methods are becoming less viable with increasingly lower barriers to entry, leading to potential oversupply issues in the future.
He initially focused on real estate, the internet, and the cultural industry, but with the success of Patriot Phone, the technology sector has also caught his attention.
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