Chapter 747 Beware of Capital

All those who attempt to control capital will eventually become one of the personified representatives of capital, even if this capital was created by him personally.

——Gu Qing

While closely supervising the operations of the senior management of Jiuzhou Entertainment Branch during this period, the young boss Gu felt something and wrote down this sentence in his notebook.

In just one week, the interest group around Lingjing Ecological Tongbao and Yuanbao has become a huge cross-border trading group.

People inside Jiuzhou Technology Entertainment also include players and studios with rich capital in Daxia, and all foreign users have become leeks, as well as "local institutions" who stand up to cooperate in cutting leeks.

The fire consumption of exchanging Tongbao for Yuanbao, the handling fee between each Tongbao transaction, and even the wear and tear costs in some "high-tax" areas, there are huge interests between these three openings, which make people flock to them.

When the currency of Lingjing Ecological began to become popular, other virtual currencies ushered in an avalanche-like decline.

First, Tesla sold Bitcoin in a large amount in just three days, selling 75% of its holdings and cashing out about 6.3 billion Xiayuan. ,

"The representative of human progress" Musk said that this move was to improve the cash situation and he was open to increasing his holdings of Bitcoin in the future, but he did not continue to repurchase Bitcoin and Dogecoin.

Musk, a man who was evaluated by many media as the savior of mankind, became the doomsday hunter of the currency circle, causing speculators in Korea and Japan who had put all their assets into Bitcoin to suddenly collapse in confidence and become frequent flyers.

Those who praised Musk and Bitcoin fell silent in this hot time in June.

Only those speculators who wanted to get something for nothing went to hell after making their last cry.

The Xiayuan, the US dollar, and the euro all have their own anchors, and the essence of these currencies is credit currency, that is, the currency issued based on national credit.

In other words, if there are some major events that endanger the country's credit in this country, the holders of this credit currency will definitely invest in the currency in their hands to preserve its value, which is the principle of currency fluctuations.

After the collapse of the currency circle, capital will not abandon the "same product" that can make a profit.

Lingjing Ecosystem's Tongbao has become the "only insurance" for global currency funds for a while.

As the manager of this insurance pool, how much profit did Jiuzhou Entertainment make in June?

"Currently, there are 9.6 billion Yuanbao and 102.4 billion Tongbao in user warehouses and wallets. After Lingjing Ecosystem and Jiuzhou Entertainment platform exchanged data, the total turnover of the two was 49 billion Xiayuan per month.

And this data still has a lot of room for growth, Lingjing Ecosystem and Titan processors are expanding the market.

And the game peripherals and accessories we jointly developed with Titan Star Department, manufacturing plant, and some of our partner companies have not yet been counted due to the huge overseas orders and complex situation, but the production order amount is already about 10 billion."

Wang Teng reported the achievements of Jiuzhou Entertainment Branch with an excited face.

And the senior executives of other Jiuzhou Technology Branches, R&D institutions, and manufacturing plants in the conference room were also surprised.

Everyone knows that the company has spent huge resources on Jiuzhou Entertainment in the past two years, but no one expected that Jiuzhou Entertainment Branch can now achieve a monthly revenue of 60 billion.

Gu Qing sat in the main seat and affirmed the efforts of Jiuzhou Entertainment during this period.

Then, Wang Teng saw what it means that there are always people who are better than you and mountains that are better than you.

Jiuzhou Food and Beverage Company, monthly business revenue is 20 billion Xia Yuan.

Jiuzhou Smart Home Company, monthly business revenue is 40 billion Xia Yuan.

Jiuzhou Technology Titanium Star Department, patent licensing fees in the second quarter revenue of 405 billion Xia Yuan.

Although these are not pure profits, the revenue of hundreds of billions is more than 99% of the companies in Daxia, and this data is the result after various restrictions.

However, under the exaggerated revenue data, there is still a huge R&D investment that even the person in charge thinks may not be earned back.

For example, when Zhang Tianhao said that the Titanium Star R&D department he was in charge of had invested hundreds of billions but had not yet recovered its investment, his expression was a little depressed.

Gu Qing looked at the pride of everyone when reporting their achievements, and the regret that some regional markets were closed, resulting in the inability to recover the initial investment, and felt a lot of emotion in his heart.

"The setbacks and hardships we are experiencing now are the trials that the strong must go through to achieve victory.

The more the enemy pulls the plug, the more afraid and terrified they are in their hearts.

How should we respond to the ghostly tricks of those demons and monsters?

That is to increase R&D investment and improve the level of manufacturing industry at all costs, so that more powerful, smarter and more futuristic technology products can defeat and cripple these paper tigers!"

As for the "awkward" situation that some R&D departments have been unable to make ends meet for many years, Gu Qing expressed his understanding.

"The basic research on the principles and laws of natural sciences is the foundation of all current science and technology.

Although it does not bring immediate commercial value, these theories will benefit future generations. This is the cornerstone of science and technology.

Without the research of these theories, it is impossible to make scientific and technological progress. Contemporary people are too eager for high-tech technologies with commercial value. Instead, they ignore the research of these theories.

Increasing the resolution of the display panel by a few digits and overclocking the CPU are all means of simple addition and subtraction based on scientific theories.

However, theoretical research is equivalent to infrastructure construction. Although it requires large investment, high risk, slow return and indirect return, the development of application products is based on theoretical research.

Therefore, the R&D team within the company does not need to worry about R&D funding. In addition to vigorously supporting all research in the right direction as always, the company will not forget those small projects that seem to be doing useless work but are indeed being developed steadily. ”

After throwing out this pie in the sky, Gu Qing announced under the focus of everyone's eyes that in the remaining two quarters of this year, all R&D investment funds will continue to increase by two percentage points, regardless of the results.

Dong Qi glanced at the several managers who are now in charge of Jiuzhou Technology's finances. There are respected bosses and young people with green faces but firm expressions.

But seeing the entanglement and pain on their faces when they announced the resolution to Gu Qing, Dong Qi's heart was filled with joy.

This is the Gu Qing he knows, a complete lunatic, a loner who will never follow the mature and correct path that others have taken.

Investing 35% of the net profit in R&D and theoretical research is really a lunatic, or rather, ordinary lunatics dare not do this.

Who does he think he is?

A prophet?

PS: Capital will not be reasonable and abide by the rules.

Today's news came out, fines and wrongdoings are what a normal person with conscience can do?