Technology Tycoon: From Real Estate Tycoon To Technology Overlord

Alwaleed's office.

At this moment, Alwaleed himself was really frowning as he reported on his son Alwaleben's trip to Tiansheng Energy.

Alwaleed listened to his son's details.

Then he looked at the other person in disbelief and asked:

"You mean, the other party requires us to advance all their investments now?"

Alwaliben looked at his father with a wry smile:

"Li Yu also required that this loan must be an interest-free loan, and that half of the annual profits of the energy storage power station be used to repay the loan, and the remaining 100 must be shipped back to their country!"

Alwaleed originally thought this energy storage power station project would be a project.

The profits were so huge that he asked his son to come to him.

Tiansheng Energy will definitely agree very happily, even if it does not agree with the proposal to sell new lithium battery packs and joint venture companies.

If our country agrees to let them invest solely in the construction of energy storage power stations, the other party will definitely be eager to come and build it.

It's just that Li Yu's two requirements directly blinded him.

I asked you to come over to invest and make money, but you actually asked me to help you pay for all the initial capital.

Wouldn't that mean that you are lending money to others to make your own money?

After thinking for a moment, Alwaleed finally felt that he was not qualified to decide this matter.

He directly reached out and picked up the phone on his desk and called his father, King Saudi Arabia.

When the call was connected, Alwaleed directly stated Tiansheng Energy's requirements without any nonsense.

The person on the phone thought for a moment and then directly ordered:

"Hold a cabinet meeting and let's discuss and decide together!"

The next day, Saudi cabinet members scattered around the world received a phone call from King Al Waghman and immediately returned to the Saudi capital with patents.

At three o'clock in the afternoon, the internal conference room of the palace was filled with cabinet members.

At the beginning of the meeting, Alwaleed stood up and explained to everyone the current experiences of the photovoltaic power station project and energy storage power station.

Tell us about Tiansheng Energy’s requirements for interest-free loans and annual transfer of earnings.

"Your Excellency, to be honest, our domestic oil and natural gas are inexhaustible at this time."

"Are you sure we need to pay such a high price and earn a lot of profits for outsiders to build this photovoltaic power station for free?"

The cabinet member who spoke out against Hu this time is much younger than Alwaleed, and he is not much inferior to him in finance and is also a world-famous rich man.

The question raised by the other party really put Alwaleed in a difficult position.

If we look at it from a normal perspective, there is indeed no need for Saudi Arabia to build so-called photovoltaic power stations.

Only at the last meeting, he proposed energy depletion and the emergence of new super-large lithium battery pack energy storage power stations.

In the future, electric energy will shift towards clean energy, and thermal power generation, a power generation model that has an impact on environmental protection, will be gradually phased out.

Thanks to the support of my father that day, the project was finally approved directly.

But he didn't expect that Tiansheng Energy was so old that it directly disrupted his deployment.

At present, it seems that this project is likely to die immediately.

"Yes, Prince Alwaleed, the last time we passed it, we actually considered it to reduce subsequent costs."

"One investment in electricity will be self-sufficient for decades, but now the requirements for energy storage power stations are so high."

"I carefully calculated that it would be better to use thermal power generation. After all, even if the photovoltaic panels are well maintained, their lifespan is only more than 20 or 30 years.

"It will take more than ten or twenty years to recover the capital, and there are also electricity storage costs. It is not cost-effective to give Tiansheng Energy high profits every year!"

Before Alwaleed could speak, another cabinet member in his fifties stood up and spoke meaningfully.

Mention costs, benefits, payback period, and cost performance.

This topic can't stop the car now. After all, Li Yu's request takes money out of their pockets every year.

How could these people agree? They started to object one after another.

Now Alwaleed could sit helplessly in his seat without wanting to say a word in front of him (cfbd).

I originally thought that I could make a lot of money from this project, but now I just failed.

In the end, after a vote by all cabinet members, the project was directly abolished.

...

At this moment, Li Yu still didn’t know that Tiansheng Energy’s first cross-border business had died like this.

At this time, he was taking the glass manufacturer information prepared by Hua Xue and carefully reviewing it, preparing to select a suitable manufacturer to purchase.

Li Yu frowned more and more as he looked at it.

After the last family finished reading, Li Yu put down the document in her hand and looked at Hua Xue with dissatisfaction:

"Manager Hua, is this all glass company information?"

Hua Xue stretched out her hand to tidy up the information that Li Yu had messed up. When she heard Li Yu's question, she quickly looked up at him and nodded:

"Yes, Mr. Li, you also know that automotive glass is basically monopolized by Wangde Glass, and there is no remaining market in the country."

"There is no market, so where else can an automotive glass factory of sufficient scale appear?"

After listening to Hua Xue's words, Li Yu now felt that this Zheng Quide was the real industry disruptor.

This old boy started barking like crazy when he saw Tiansheng Energy increasing wages for workers.

Constant threats, complaints and rhythm.

Now it turns out that the other party’s Wangde Glass is the real cancer in the industry.

He is a glass factory that directly monopolizes domestic and foreign automotive glass.

It directly led to the collapse of a large number of domestic auto glass companies. To this day, there are only a few auto glass companies that are famous.

The rest can only survive in the low-end market by making small profits based on price.

And he relied on exploiting cheap domestic labor to turn an originally lucrative project into making some hard-earned money.

Yes, he has arrived. He has monopolized glass with ultra-large scale and ultra-low cost, and directly made a lot of money.

But what about others? They want to improve workers' salary standards, but the industry market price is destroyed by Wangde Glass.

There is no reasonable profit at all, and there is no environment with high wages, so we can only follow his example and continue to lower employee wages.

"Forget it, it doesn't necessarily need to be an automobile-related glass company, just a glass factory of small scale.

Li Yu said slowly.

After personally understanding the automotive glass industry these days, Li Yu made up his mind to rectify the glass market.

We must let the automotive glass market return from the low-price era of Wonder to a healthy era.

As for how to return the price of glass to the normal range and turn it back into a high-profit product.

Then it is natural to upgrade and rely on more advanced products to force major companies to make new choices.

Let those who continue to choose Wonder Company's low-priced glass cars be unable to sell.

Let them only buy it back for normal glass assembly use.

As for more advanced glass, Li Yu is also looking for a suitable glass technology these days.

He feels that this technique cannot be too good, but it must have one or two bright spots!