Genius of the Rules-Style System

The cooperative research and development between Hongfeng Industry and Zhao Yi has achieved phased breakthrough results. Successful research and development does not mean the end. Both parties, as well as the mechanical system and vibration laboratory, and technology-related rights and interests issues need to be discussed in detail.

Technology-related rights and interests include the right to use technology and the rights and interests of related patents.

The new electric spindle technology was developed by Zhao Yi, but Hongfeng Industry is a research and development partner. The mechanical laboratory provides the site, equipment and personnel. If you contribute, you may gain profits.

Hongfeng Industry is the largest beneficiary. They have the right to use the technology and 70% ownership of related patents.

The mechanical laboratory's income is relatively small. They only provide the venue and personnel. Many of the main equipment are provided by Hongfeng Industry. In the cooperation agreement signed in the early stage, they only received a part of the sponsorship funds and a 5% interest in related patents. .

The remaining rights and interests in technology and patents belong to Zhao Yi himself.

Although Hongfeng Industrial has the right to use the technology, because Zhao Yi holds 30% of the rights, they also want to have complete rights and interests, so they simply agreed to buy out the technology with Zhao Yi.

In addition, it is the rights and interests of patents.

The new electric spindle technology has five related patents, which is somewhat beyond Zhao Yi's expectation. He originally thought that there were no patents, and that some technologies might even cause infringement to outsiders.

For international patents, developing the same technology may also cause infringement.

For example, two companies develop the same technology.

Although they are all independently developed, because one company has registered the technology in advance, the other company cannot prove whether the technology is independently developed or plagiarized. If you use the relevant technology, you have to pay the previous company related patent fees.

This is the advantage of being a first mover.

One of the more typical ones is the domestic automobile engine manufacturing field.

The development of civil automobile engine manufacturing technology is very restricted by relevant international patent laws. Because domestic automobile engine manufacturing technology started late, even if a large amount of money is invested in research and development, it is of little significance because a large number of high-end technologies have long been registered as patents and developed If the technology is placed internationally, patent infringement may occur.

Zhao Yi discovered that the new electric spindle he developed could actually register five patents, and he gained a new understanding of the ability "derivation rate". The text introduction of "derivation rate" said, 'under real-life circumstances', that is, He said that in reality, with more advanced technology in the field, only enough conditions can be relied upon to deduce higher-level content.

Zhao Yi subconsciously understood that he could deduce whatever technology others had.

That doesn't seem to be the case now.

Others have higher-end technology, but the conditions used in "Derivatives" do not mean that the derived technology is exactly the same as the technology owned by others.

Use simple numerical derivation as an analogy. For example, everyone knows 0, 1, 2, 3, 4. Others can use 2 and 4 to derive 8, and it becomes a condition for using "Derivation Rate", but using "Derivation Rate" However, 6 can be derived from 2 and 3, and 12 can even be derived from 3 and 4.

"If you can combine the technology I developed with other technologies, you will definitely be able to develop higher-end technology?"

"This is pretty good!"

Zhao Yi thought carefully, "It seems that if you want to develop higher-end technology, you can't rely purely on the "derivation rate". You can also find simple methods. For example, let Hongfeng Industry find an internationally manufactured electric spindle, which is lower-end." It’s okay, there must be some patented technology that I don’t understand.”

"Then, combine the two to do research and development..."

"It's the second generation now, so the third generation will be out soon?"

Zhao Yi thought about it carefully and was immediately very confident in the follow-up research and development. He didn't care about the small patent fee. During the negotiation process with Hongfeng Industry on the technology and patents, he simply asked the lawyer to be more generous and not give up a little profit. How big a deal.

The two sides quickly reached an agreement.

In terms of technical rights and interests, Hongfeng Industrial bought out part of Zhao Yi's ownership and paid 20 million yuan.

The patent rights are subject to the payment of royalties for the next ten years. The annual royalties are 500,000 RMB, totaling 5 million RMB. At the same time, if the patent is licensed to other companies for use, 20% of Zhao Yi will also be paid. Patent revenue.

Adding together the technical rights and patent rights, Zhao Yi earned 25 million yuan in one breath.

When Hongfeng Industrial and Zhao Yi's lawyer reached an agreement, both parties toasted with great satisfaction, and Zhu Lin, the melon-eating crowd watching the whole process, was dumbfounded.

"What the hell?"

"Why is it only 20 million or 5 million?"

"Our mechanical laboratory seems to only have 5% of the patent, which is 1.25 million?"

When Zhu Lin thought of 1.25 million, he thought it was a lot of money, but soon a representative from Hongfeng Industry came over to discuss the 50% patent right issue with him.

"Those machines and equipment..."

"Do you want the machines and equipment, or more than a million?"

Zhu Lin opened his mouth in confusion, "Weren't those machines and equipment given to us?"

"——?"

The representative of Hongfeng Industry looked at Zhu Lin as if he were a fool. The meaning in his eyes could be interpreted as, "Why should I give you such an expensive machine for free?"

"Are you stupid, or are we stupid?"

"Ha ha!"

Zhu Lin smiled awkwardly, thought for a moment and said immediately, "We want machines, we want machines."

"Okay, let's sign the contract!"

A representative from Hongfeng Industry said, "You need machines because our cooperation will continue. I think the company will increase investment in R\u0026D in the future."

"Oh, oh! That's great. It's so refreshing to cooperate with a big company like yours!"

Zhu Lin nodded happily.

In fact, it’s not that his requirements are high, but that he is a little jealous when he stands by and eats melons. Zhao Yi got 25 million in one go. It doesn’t matter how hard he worked in research and development, but no one is more qualified than Zhu Lin. It is clear how much Zhao Yi has invested in research and development.

"One week?"

"That's really a little, but the working hours don't exceed fifty hours!"

This is Zhu Lin's judgment.

Although he had a business trip to Shenzhen for a period of time, Zhu Lin still spent most of his time in the laboratory. As far as he knew, in the first few months of cooperative research and development, Zhao Yi had never been to the mechanical laboratory at all. Did he come later? How long does it take for R\u0026D to reach a breakthrough, and then comes subsequent production, manufacturing, testing, and so on.

In the subsequent work, Zhao Yi only came over occasionally to help solve some technical manufacturing problems. On average, half an hour a day was good.

Even if it was considered the highest fifty hours, he earned a total of 25 million?

Hourly wage...five hundred thousand?

Zhu Lin calculated carefully several times to make sure that he had not made any calculation errors. He was shocked by this 'hourly salary'. In other words, after working for about two days, Zhao Yi could almost earn an 'original mechanical laboratory'?

this……

Thinking about myself who earns more than 100,000 yuan a year and is considered to be well-paid outside, I suddenly feel that my future is bleak.

There is a huge gap between people!

…

After the technology and patent rights were negotiated, the technical staff of Hongfeng Industry all left. They made detailed reports to the company, and then immediately devoted themselves to the work of converting the technology into manufacturing.

At the same time, Hongfeng Industrial applied to the securities regulatory authorities to release information on major R\u0026D successes.

The application was quickly approved.

At noon on Monday, after the securities regulatory approval, Hongfeng Industry released major research and development success information: the electric spindle technology jointly developed by Hongfeng Industry and Mechanical Systems and Automation Laboratory has made breakthrough progress, and the new electric spindle produced is close to the international advanced level. And successfully applied for five new international patents on spindle-related technologies.

At the same time, the official website of Hongfeng Industry released detailed information on R\u0026D and patents, as well as the core parameters of the new electric spindle.

After the news was released, the secondary market responded quickly.

Previously, the stock price of Hongfeng Industry could be described as "chattering". After the news broke out after the year that Zhao Yi purchased the shares of Hongfeng Industry and that Hongfeng Industry cooperated with the Mechanical Laboratory of Yanhua University in research and development, the stock price of Hongfeng Industry continued to rise. At its highest point, the increase nearly doubled, reaching a price of 18 yuan per share.

Then it started to fall, and it kept falling. It didn't fall much every day, but currently there is still only a stock price of 12 yuan.

During the process, many securities investors expressed their opinions, saying that they were not optimistic about investing in Hongfeng Industry. The reasons they gave were, "In the end, we have to return to rational investment!"

“Return to value investing!”

"Hongfeng Industrial has become the one with the highest price-to-earnings ratio among military stocks, but it is basically supported by Academician Zhao's reputation."

"Academician Zhao has given investors confidence, but the star effect will eventually weaken."

"The stock price valuation of Hongfeng Industrial is only between eight and nine yuan. Now more than ten yuan is still too much."

"..."

There are too many similar statements.

Because a few months ago, Hongfeng Industry was really popular. All the 'securities experts' got involved and conducted a careful analysis. Many 'securities experts' were not optimistic about it, which was also the reason why Hongfeng Industry was 'chatting'. First, even those who have full confidence in Zhao Yi always hear that the stocks in their hands will continue to fall, and they will definitely consider selling as soon as possible.

It's different now.

When Hongfeng Industry disclosed major technology research and development news, many people had not yet reacted and were still studying what the news meant. The stock price of Hongfeng Industry's secondary market went up to the limit.

That day, many people asked what the news about Hongfeng Industry meant.

At this time, another "securities expert" immediately stood up and said with great certainty, "Hongfeng Industry disclosed major research and development news, and the market responded immediately."

“If it rises above the limit, it means it’s bullish!”

"It is estimated that this wave of daily limit will continue to drive for a while, and there will be a sharp rise tomorrow..."

"It is recommended that you start decisively tomorrow morning!"

"Chasing a rising wave can only make profits, no losses..."

This 'securities expert' did not receive much praise, because ordinary investors also have memories, and they clearly remember that the other party continuously said that they were not optimistic about Hongfeng Industries.

Are you optimistic now that you have seen the daily limit?

A wallflower?

A lot of comments followed, "Didn't you say that you would return to value investing and invest rationally? Didn't you say that you were not optimistic about Hongfeng Industrial?"

"I cleared my position just because I believed you, but now you give me a daily limit!"

"Damn it, I missed half the opportunity to buy a Ferrari! It's so hard to get into one!"

"Brother upstairs, I saw your screenshot last time. You only have a few hundred shares in your hand. Do you want to buy Ferrari? Do you expect the stock price of Hongfeng Industries to rise to 10,000?"

"Treat people rationally, don't slap them in the face!"

"If you want to hit him, hit him hard and let him pretend..."

"..."

On the second day, Hongfeng Industrial opened at the daily limit, and on the third day, it still opened at the daily limit.

At this time, more people noticed the continuous daily limit of Hongfeng Industry. Immediately, professionals analyzed the news disclosed by Hongfeng Industry, allowing others to understand why this news can bring such great influence.

"Spindle technology is one of the core technologies for high-end manufacturing."

"Such as machine tools, automobiles, or various machines, they are all inseparable from industrial focus. The country lacks high-end spindle manufacturing technology, and it can be said that it is uncompetitive internationally."

"In the past, Hongfeng Industrial's civilian spindle and machine tool production was mainly in the low-end field. With the new electric spindle, they can enter the mid-range field, which is equivalent to greatly expanding the market."

"They can even use this to enter the international market, because the domestic manufacturing industry already has a labor cost advantage, and Hongfeng Industry also has another cost, materials, raw materials, and steel material technology."

"Hongfeng Industry is originally a large-scale military industry group. They can produce various materials independently. In other words, they can produce spindle-related parts and various finished materials independently in-house, which is equivalent to realizing the basics. From metal ore to finished product spindle.”

"They also have common machine tool manufacturing technology, and they even have a direction for using it."

"With complete manufacturing capabilities from the lowest end to finished products, Hongfeng Industry can keep the cost of materials and technology to the lowest, and the products will have a price advantage when they are put into the international market!"

In fact, the analysis failed to take into account that there are domestic financial subsidies for manufacturing exports. Coupled with policy subsidies for high-tech manufacturing products and Hongfeng Industry’s own high-end manufacturing R\u0026D tax advantages, the cost of the products they manufacture is so low that foreign companies Unimaginable.

This is also a big advantage of domestic manufacturing.

That's why the secondary market reacted so quickly when Hongfeng Industry disclosed major R\u0026D news. Anyone who could analyze something would immediately become very optimistic.

Hongfeng Industrial's stock price continued to rise, and soon it rose to more than 20 yuan. The increase can be said to be very amazing.

Although it is not as high as the opening of the market in the first few days, it still rises by three or four points every day, and it continues for several days. Many securities analysts say that "the rise is too high," but the rise continues. It seems meaningless no matter what you say.

The continuous rise of Hongfeng Industry is also easy to understand. The stock price is a reflection of profitability. An important indicator for stock judgment is the "price-to-earnings ratio", also known as the "price-to-earnings ratio", "stock price-to-earnings ratio" or the full name "price-to-earnings ratio" ".

The price-to-earnings ratio refers to the ratio of the stock price divided by the earnings per share, or the company's market value divided by the annual profit attributable to shareholders. It represents the multiple of each year's net income. It can be simply understood as, "How many years can you rely on stock dividends to pay dividends?" Get your principal back.”

Hongfeng Industries has suffered net losses in many years and relies on state subsidies to survive. There are very few dividend-paying years, and the stock price has never been high.

Now that there is new electric spindle technology and major breakthroughs in research and development, the market is optimistic about Hongfeng Industrial's subsequent profitability, and the stock market value in the secondary market will naturally increase greatly.

In addition, it is Zhao Yi’s star effect.

Although Hongfeng Industry did not say in the announcement which researcher from the Mechanical Laboratory it would cooperate with, as long as Yanhua University is involved, everyone can think of Zhao Yi.

Zhao Yi is not only a star in academia, but also has a very high reputation among the people. Almost everyone is full of confidence in his scientific research capabilities. He found that the cooperation between Hongfeng Industry and the Mechanical Laboratory was as expected, with only a few Significant results have been achieved within a month, and the follow-up is naturally promising.