Chapter 456 Huamei Company's New Product
This afternoon, Qin Hao and 001 were busy in the workshop.
Approximately eight super sensors are needed for the seismometer, which need to be distributed across Xuan Country.
They will detect underground activity, and then the sensors will transmit the activity to Xinghai High-tech Company through transmitters.
Here, signal receivers will be lined up on the rooftop, and finally converted to data on the terminal computer.
Currently, the most advanced seismometers in the world are in Beihai Country.
Because the entire country of Beihai is located on a seismic belt, they have invested heavily in this research.
And the seismometers of Beihai are said to predict earthquakes ten seconds in advance.
This is already the most advanced seismometer, mainly because many countries and experts simply haven't found a pattern to seismic activity.
Only after an earthquake occurs do the seismic departments of various countries detect it.
At noon, Qin Hao and Chang Jing had lunch in the factory canteen, where almost all employees eat.
The canteen's food standards are very high, and they change up the dishes every day.
This is all at Chang Jing's insistence; she eats here every day, and if the food doesn't meet the standard, the canteen staff will have a hard time.
Chang Jing has done well regarding food, accommodations, and wages, which Qin Hao can tell from the way the workers look at Chang Jing.
During the meal, Chang Jing asked, "Mr. Qin, why did you think of researching seismometers again?"
Qin Hao, "Because the most advanced seismometers now can only predict earthquakes ten seconds ahead, which is almost useless.
Like the South Chen University earthquake a few years ago, over 60,000 people died, more than 10,000 went missing, hundreds of thousands were injured, countless families were shattered, and the direct economic loss was nearly a trillion.
If there was a more advanced seismometer, so many people would not have died or been injured.
People could evacuate in advance, and much of the economic loss could have been avoided."
Chang Jing, startled by his words, asked, "Mr. Qin, are you saying that the seismometer you are researching is different from the others?"
Qin Hao, "If it were the same as those, what use would it be if it were researched?"
Chang Jing looked at him and said with a smile, "Mr. Qin, I really want to crack open your head and see what you have packed inside.
Why do you know so much, and why is everything you understand ahead of current technology?"
Qin Hao smiled faintly, "What can be done about being too smart? Just do the best you can."
While eating, Chang Jing inquired, "Mr. Qin, are you researching this seismometer to make money, or for what?"
Qin Hao, "I'm a businessman, of course, I have to make money, but I won't make money from our own country, just from foreigners.
Mr. Chang, what do you think would be a fair price if it were developed?"
Chang Jing considered and replied, "Would a few hundred billion Federation dollars be too little? Perhaps those countries would be willing to pay a trillion?"
Qin Hao responded with a smile upon hearing her words, "Mr. Chang, you think the same as I do."
This device could be more or less expensive; like Qin Hao, who has mastered this new technology, the actual cost isn't much, but the value lies in the technological aspect.
Just then, Qin Hao's phone rang; it was a call from Zhao Dongqiang.
"Hello, Mr. Zhao, what's up?" Qin Hao asked curiously.
Zhao Dongqiang, "Mr. Qin, Ruixing Clothing has started a major price cut from today. Practically every item is being sold at cost."
Qin Hao, "How is customer purchase volume?"
Zhao Dongqiang, "We've recaptured a small portion of customers, but I think Ruixing Clothing might be trying to clear out inventory."
Qin Hao, "Well, then, there's no need to worry about it."
In Qin Hao's view, Ruixing Group was like a grasshopper after autumn, not long for this world.
Just after hanging up the phone, he received a call from Su Mingzhi, "Mr. Qin, the Tianli skincare product has been developed and can go into mass production this afternoon."
Qin Hao: "Hmm, send a few sets over to me. I'll arrange for Zhao Yuying to endorse our product in the next couple of days."
Su Mingzhi: "Endorsement? Do we need to increase the price of this skincare set then?"
"No need, just sell it at the agreed price."
…
That afternoon, several major pieces of news spread throughout the upper echelons of Jianghai City.
"Ruixing Group on the verge of bankruptcy? Clothing sold at cost price, does it signal Ruixing Group's imminent exit from the apparel industry?"
"Huafei Clothing sets a new record for daily sales, domestic apparel brands emerge powerfully."
"Changes again in Huafei Clothing Company shares, Qin Hao holds eighty percent, becoming the largest shareholder."
"Equity changes in Huamei Cosmetics Company, Qin Hao acquires eighty percent of Huamei Skincare shares."
"Qin Hao takes over Huamei Skincare, a potential relaunch of the skincare battle."
Members of the Jianghai Business World were shocked at the news.
Is Ruixing Group going bankrupt? So soon?
A behemoth in the apparel industry, Ruixing Group now faces the risk of collapse and bankruptcy.
Huafei Clothing is just too formidable, but of course, the most formidable is Qin Hao.
Ever since Qin Hao took over Huafei, Huafei Clothing has risen dramatically. If someone said this had nothing to do with Qin Hao, these people would never believe it.
Many felt pity for Ruixing Group, a behemoth with assets worth tens of billions, now being pushed to the brink by Huafei Company.
In fact, the bigger the company with problems, the greater the impact, since the large base of operations means money is being consumed every moment.
If Ruixing Group can't put out better products, they might indeed be finished.
However, they've earned quite a bit of money, enough to shift their business to other industries.
But to grow to such a large scale again won't be so easy.
…
Then there's Qin Hao, who has now invested in Huamei Cosmetics Company.
Is he finished with Ruixing Group, only to take on Tang Group next?
The cyber opinion war back then made the two companies sworn enemies, neither Ruixing Group nor Tang Group probably expected such a day, right?
Qin Hao's vindictive nature has been revealed, daring to target anyone who opposes him, no matter how large the company.
Now, many are looking forward to seeing how Qin Hao will compete with Tang Group.
Are they going to engage in a money-burning war?
Not long ago, the two internet giants fought over the food delivery market, leading to a series of money-burning wars.
From initially a few hundred million in Federation currency to later tens of billions in a massive spending showdown.
The two food delivery giants nearly divided the entire market amongst themselves.
In the wake of that battle, many small to medium-sized food delivery services were eradicated. Enjoy exclusive adventures from My Virtual Library Empire
It was not only a competition between the two giants but also a means for them to suppress other forces.
Three days later, on December 31.
Xinghai High-tech Company has now developed ten robots, with serial numbers from 001 to 010.
On this day, all previous products of Huamei Skincare were recalled and replaced with the new product: Tianli Skincare.
This is also the only product currently offered by Huamei Cosmetics Company: It whitens, hydrates, and makes the skin as tender as a baby's.