Chapter 596 - Global Situation (1/2)
Chapter 596: Global Situation
Translator: _Min_ Editor: Caron_
Although Jiang Chen was stoh heel, his hted
Not to be mistaken, it wasn’t because he was an M It was just that he thought it is refreshi+ng to see Xia shi+yu, who nor such a womanly character
When he returned to the office, he took the stack of docuanized by the assistant and started the afternoon’s work
With Future Group’s business expanding globally, as the president who ic direction for the company, it was lobal situation
February of 2017
The UA Congress officially passed the defense budget and permanently established the most advanced missile interception system in the eastern Pacific to replace the previous syste discussions on whether they should sell the replacedif this would cause tensions with Hua
Jiang Chen wasn’t too worried about the new system It certainly existed in UA before, but it still couldn’tin the near-earth orbit
The newest defense system was equipped with a state-of-the-art active phased array radar that could be used to track enemy ballistic missiles in the early phase and allow for interception at the end phase
But it was futile In order to track Dolphin-10 at the launch stage and intercept it during flight, it would require the most advanced passive phased array radar
Of course, UA wouldn’t adainst Celestial Trade They only explained to the media that the missile system was directed at North Korea’s fireworks – wait, no, their ICBM
On the other hand, the International Energy Su the suress of shale gas, coy sources
The sureat news for Future Heavy Indutries since it has a focus on the pure electric car battery sector
A total of 147 patents for electrode h-energy additives for solid-state lithiuh PCT were approved by patent offices in various countries For the first time, Future Group was invariably welcomed by patent offices from countries around the world
At the saed to process technology from the apocalypse only half a step ahead of the ned the first model of the MIX1 pure electric car battery
The specifications of the “MIX” would be used as the standard in the next ten years for all pure electric vehicles
The MIX1 battery was being built in a plant located in New Guinea and they received orders fro Chen to invest in Luer Automotive Company The company pushed out a pure electric vehicle and landed first in France’s auto subsidy, the price tag of 60,000 Euros received the support from mid-to-low end customers
At the same time, Luer’s application for an IPO was approved with a price of 15 Euros for a total of 10 million shares The 10 million shares accounted for 20 of the total shares outstanding and the IPO price represented a Price of Earning ratio of 11 tied from 80 to 64 as a result of the IPO
On the day of the offering, Luer’s share price peaked to 183 Euros before stabilizing at around 17 Euros
Jiang Chen purchased Luer shares for 100 million USD at the Ber Auto Exhibition and the IPO predicted the investinning – once Luer entered Europe and the rest of the world; it was inevitable for the company’s market cap to break 10 billion