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墨書 Inktalez
If it were another technology company, he certainly wouldn't have rushed in so decisively. After all, as one of the top ten richest individuals in the country, Ji Fu is well aware that technology companies can sometimes be a huge pitfall!
Especially those that seem promising but require decades of nurturing before yielding any returns or benefits. Although the economic development boom has gradually passed, engaging in traditional industries still allows for stable profits in this country.
If he were to recklessly dive into the tech industry, his several hundred billion fortune might not be enough to cover the losses! As for the real estate industry, Ji Fu had stumbled in that field before and knows just how deep the waters are.
Had it not been for his good fortune in inheriting a $500 million legacy from his great-uncle across the Pacific, he wouldn't even be thinking about making a comeback; he might still be back home digging for food.
Regarding the real estate industry, he genuinely does not want to touch it anymore! As for the internet sector, he has heard some things about it. However, this industry is quite peculiar; every day, numerous internet companies go bankrupt, and only a few manage to survive until the end.
Investing in this type of venture carries extremely high risks. He has tentatively invested in a few, and without exception, they all failed! They either went directly bankrupt or barely managed to survive.
Those guys keep coming around looking for investments, which is really bothering him! Some highly successful internet companies in the country are all focused on the global market, their eyes almost reaching the top of their heads. Even if they lose money every day, they refuse to accept investments from ordinary domestic capital, fixated instead on investment banks with significant global influence.
Currently, the transformation effect of Ji Group is quite good, especially for the film and television company under the Ji name. This was a medium-sized film company that Ji Fu spent a large sum of money on a few years ago, directly purchasing it for over fifty billion Renminbi. However, in recent years, the film and television industry has faced tightening policies, insufficient internal motivation, and significant difficulties going overseas, inevitably casting a shadow over the industry.
Ji Fu feels a subtle sense of tension inside. "Don't even think about shares in Ark Limited." Ji Yuan pondered seriously for a moment and then said, "Let's wait and see what happens next, look at related companies, and I'll keep you updated."
There was something Ji Yuan didn't say. The current valuation of Ark Technology Limited is already very high, with Zhongjingwei directly proposing a valuation of one hundred billion. This is an astonishing figure, especially considering that the market share of Patriot smartphones is still low and is supported solely by strong technological capabilities.
It's important to note that domestic companies like Wealthy Glass and Deliy Electric have strong technological prowess and are among the top in the world. They have been deeply rooted in their respective industries for many years and have strong brand recognition. After decades of effort, their market value barely reaches several hundred billion Renminbi.
Those companies with a market value of tens of trillions of Renminbi are mostly internet enterprises, and their valuations are quite inflated. The extent of this inflation is something outsiders cannot ascertain at all.
Although I have money, taking out hundreds of billions in capital would likely severely impact Ji Group. Moreover, the shares of Ark Technology Limited are not something anyone can just subscribe to; the father and son duo hold 40% of the shares, which is already quite noticeable.
Based on Zhongjingwei's valuation, the shares in their hands are worth over 40 billion, and in the future, they could be worth 400 billion or even 4 trillion... Sometimes, in the face of interests, one must know when to stop and understand the importance of retreating and advancing; that is how one can endure in the long run.
Originally, Ji Yuan thought his father would be disappointed, but unexpectedly, his father seemed pleased after listening to Ji Yuan's words and cheerfully said: "Alright, I'll have someone create an investment plan to find a batch of qualified companies with good technical strength for investment, so that they can provide support for Ark Technology Co., Ltd. in the future."
Now everyone is focused on Ark Technology Co., Ltd., and he can definitely take a different approach to get ahead in related industries. Regardless, under the guidance of the state, Ark Technology Limited will undoubtedly prioritize supporting domestic smartphone component suppliers rather than continuously placing large orders with foreign companies to bolster their arrogance.
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