237 Will you kindly step into the jar? (1/2)

Chapter 237: Will you kindly step into the jar?

Translator: _Min_Editor: Rundi

Inside Linhua Building.

Wang Linhua sat in front of the office table with a gloomy look on his face.

The meat that was almost in his hands somehow slipped away and he couldn't do anything about it. His mood was obviously not too pleasant because Jiang Chen suddenly introduced the smart drone control system 1.0 which completely disrupted his plans.

The domestic real estate on the market was contracting due to the high price, but no market became apparent by the day. Linhua Group during 2008 was indeed very profitable, but it was going downhill. With the population aging and the growth of excessive housing, the downhill trend to the real estate market was almost irreversible.

Even with the introduction of policies such as decreased interest rate, the second child, it was still too difficult to reserve the inevitable trend of the downfall to the real estate market.

Just like the previous glorious, but now doomed coal industry, the real estate market will have to accept its inevitable fate. This point could be demonstrated by the shaky results on the financial report of Linhua group. While still in the positive, but their margin was getting narrower.

Wang Linhua, who could foresee the end to this industry, obviously was not going to wait for his own death.

There were only two choices in front of Linhua Group.

One to expand to the international market, two to shift into a different industry.

It was challenging to expand into the international market, for simple reasons. Due to the identity of the largest shareholder of Linhua group. While this skin worked well domestically, it didn't fair too well internationally. The current status quo is, to slice a share of the cake in the international market, then they would have to use the money to do so. Although Linhua Group had money, they were not like CNPC who could not care about losses and depend on government for subsidization. This route could work but at too high of a cost.

Especially because the international market was not within the territory of the Wang family, this increased too many variables for investment. The people back home didn't dare to trick you, but it would a different case outside. Once on the international stage, they may not withstand the test of capital.

As a careful consideration, Wang Linhua didn't use the first option.

On the second hand, it was easier to shift to a different industry. Just like the mine owners that sold the unprofitable mines, some invested in sports, some in movies, even some entered the real estate market to eat ”the leftovers.”

While Linhua Group was prepared to enter the entertainment industry. But at this time, Future Technology's rapid growth gave Wang Linhua a tempting idea.

One software, a few servers, thirty-something programmers and sales would do. Once the software received recognition by the market, cash would be flying in.

Although Wang Linhua was lusting for Future Technology's profit, he consciously knew that tech was an industry where risk and reward both existed. Even Buffet didn't dare to invest in it, which meant that the risk and reward were not proportional.

Therefore, he had some scandalous ideas.

High risk, it only referred to the tech company that hasn't managed to secure a stable source of revenue generation. For Future Technology that already has done so, there was no risk. As long as he controlled Future Technology, and use this as the point to enter the tech industry, Linhua Group would smoothly complete its transition!

Future Technology's operating condition was smooth, had stable cash flow, the capitalists at Wall Street with bundles of cash could not exchange away Jiang Chen's share. But for Wang Linhua it was not a big deal. In this country, having money meant nothing, or there wouldn't be so many people with money leaving.

But Jiang Chen didn't manage to leave yet. Future Technology's primary operation was in the country. Before it could even enter the world stage, it was the perfect opportunity to make his move!

As long as he controlled Future Technology, he could enjoy the current profits and lead Future Technology to expand into the military tech field. Military artificial intelligence happened to be the strategic focus of the national defense now. It would not only increase the Wang family's stake politically, but it could also allow the core asset of the Wang family smoothly transition through the downward trend in the real estate market.

Two birds with one stone.

Because of this, Wang Dehai would permit his action.

But unfortunately, his plan fell through.

Wang Linhua rubbed his sore temple and picked up a document on the table. He forced himself to focus on the work at hand and not think about those bothersome things.

But then, there was a knock at the door.

With a frown, Wang Linhua cleared his throat.

”Please come in.”

His secretary walked in with a pile of documents in his hands.

”What good thing just happened? You are so happy,” Seeing the smile on the secretary's face, Wang Linhua's eyebrows jumped as he said emotionlessly.

”President Wang, the company just received a big project.” Calming his excitement, his secretary Zheng Kai spoke with a trembling voice.