Chapter 911 - 367: He Really Dares (2)

Chapter 911: Chapter 367: He Really Dares (2)

In recent years, there has been a decline, and internet cafes are almost going out of business.

However, the demand for personal computers has suddenly increased, with many people having nothing to do at home. University students are experiencing all sorts of delays starting school, and their holidays are longer than life itself.

Jing Jiawei does have its strengths, and they’re all based on its own technology.

After more than a decade of development, it has a solid foundation.

What it’s lacking is market recognition.

Even if it’s still lagging by a generation or two, the domestic market is huge.

Aurora Studio is no longer unknown in this area.

Now, the Aurora Studio brand has gained considerable influence.

Currently, Jing Jiawei’s market value is over 50 billion, which is sizable for the A-shares market, enough to prove the company’s real strength.

The valuation of A-shares is severely underestimated, even though the market index has increased significantly since last year, with many blue-chip stocks doubling.

But even if calculated by the highest market value, many companies are still undervalued.

The reason is... the net profit of companies isn’t good.

Net profit is tied to many factors. For instance, in the global gantry crane industry, the annual scale is around 100 billion, with domestic companies capturing 80% of the share, but their combined market value is still less than 100 billion.

Zhenhua Heavy Industries, with a revenue of over 30 billion annually, has a market value of only 20 billion, due to low net profit, with over 30 billion in revenue but only a few billion in net profit.

The cause for low net profit is various restrictions. Despite having unique technology, they just can’t sell at good prices.

Western countries talk about free trade, but in reality, impose all kinds of restrictions. Products can only be sold to some underdeveloped countries, hoping for high prices from those places is unrealistic.

Many domestic companies are severely undervalued for various reasons. Otherwise, how could A-shares have such a small scale, even a two- to three-fold increase would be normal.

Look at those small workshops in the West, each with a market value of 20 to 30 billion US Dollars, with only a small annual revenue of 1 billion, yet with net profits of 300 to 400 million US Dollars.

The only way to improve company net profit:

Fair trade!

As long as the West is willing to fully open the market and respect free trade, then the net profit of many domestic enterprises will soar.

It’s like decades ago, when the West persuaded the domestic market to open up for fair trade, while we urged the West not to wield hegemonism.

And now, we criticize the West for not respecting free trade, while they criticize us for wielding hegemonism.

"Is it feasible?"

"Feasible! But the price needs to be lower, obviously reduced, even if we lose some money..."

Li Yang really wants to see how NVIDIA will deal with this next year.

Before AI becomes a trend, they will face a very tough year.

It’ll also be a good time to shear the sheep.

"The loss strategy..."

Bai Qing is all too familiar with it; this is exactly what Li Yang has been doing all along.

Keep losing until you win.

In the domestic high-end new energy vehicle sector, Extreme Shadow Cars is currently in the lead, leaving competitors far behind.

This year, the average price increase is close to 10%, with many orders requiring a four-month or even longer wait.

"Moreover, PlayerUnknown’s Battlegrounds, now fully mature, might be entering a decline phase. But the competitive events can’t slack off. Fewer players doesn’t mean less attention to the tournaments. It’s crucial to keep foreign clubs well-supported; we’re counting on them to provide emotional value."

The PUBG World Championship has been held five times, with domestic clubs winning four. Only last year’s finals in Po County were different, as many domestic players got sick, and the championship was taken by others.

Even if foreign clubs are weak, domestic audiences still enjoy watching.

Besides, for this kind of game, foreign talent is not low, even if the club management is average, they won’t perform poorly, with a winning chance comparable to domestic clubs.

The only difference is domestic clubs are too professional; Li Yang has imposed too many restrictions, training players from multiple dimensions.

"What about the new mode, the Colosseum? It seems more popular now, probably because it’s relatively fast-paced..."

"Next year, it will be separated as a standalone game, and it can also host a world championship..."

"Alright."

Bai Qing felt much more reassured.

The main reason for coming over was to seek advice from Li Yang.

Unexpectedly, Li Yang misunderstood.

But it’s all the same, it’s all about getting insights!

...

On the morning of July 3rd, Bai Qing headed out early.

The headquarters of Aurora Studio is still in the Capital City, although most of the positions have been relocated elsewhere.

Meanwhile, Li Yang started to attend to his own matters.

Today is Jiang Banxia’s birthday, and if he forgets it, Jiang Banxia would eat him alive.

Not gobble!

It would be better if it were gobbling!

He had specifically asked Liu Ruyi to make a small cake, calculating the time, and around eleven o’clock, he carried the little cake to Jiang Banxia’s workplace.

Before getting in the car, he sent a message to Jiang Banxia.

Upon arrival, he noticed Jiang Banxia hadn’t replied.

Thinking that Jiang Banxia might have had to work overtime unexpectedly, not replying was understandable.

But he couldn’t get into Jiang Banxia’s workplace entrance.

Because it was labeled with three characters –

Ministry of Finance

The last time he came, it required someone to open proof for him, and it was Jiang Banxia’s bodyguard who came out to fetch him.

"He, are you there? It’s me, Li Yang..."

"Yes, yes, yes, I’m at Xiaxia’s workplace entrance and can’t get in, could you please come and get me?"

"What? Can’t come? You’re not there? Transferred?"

"No transfer? Does that mean Xiaxia didn’t come to work today?"

"He, can you make it clear? I’m trying to communicate well here, if we can’t communicate, the other side should first consider their own problem!"