My Fintech Empire

The time comes for the weekend of September 27th.

On the morning of that day, a blockbuster news attracted attention in the technology and aerospace circles. It was led by Qunxing Capital and teamed up with the two domestic Guojia team aerospace giants, telecommunications operators, Quantum Beat, Jiuzhou Blue Arrow, Xingyu Technology, and Quantitative Capital and 16 high-tech enterprises or institutions.

Announced the establishment of a new high-tech enterprise: Jiutianxing Network.

Yan Jiandan, a core figure who originally worked for Jiuzhou Blue Arrow, resigned from the company and transferred from his position to the newly established Jiutianxing Network to become the head of the company.

It can be said that the initial stage of Jiutianxing Network is the height that countless start-up technology companies have not reached, and there is basically no comparison, because the lineup is so luxurious, any one of the 16 companies or institutional units is not a A start-up company can settle things, let alone save money to start a business together.

Qunxing Capital is the parent company of Jiutianxing.com. This company will of course be listed in the future, and it will be listed on the SGX in the future.

Fang Hong also planned and arranged the distribution of interests in the capital market early, and he must share it with everyone. Eating alone is the lowest form of operation, which is to force yourself to unnecessary intensity, but the premise of sharing is to ensure that you are firmly control the company.

The cake can be divided with everyone, but the right to speak cannot be divided. Of course, others can also speak, but in the end it is the stars who make the final decision, and this must never be shared.

16 companies or institutional units have strategically invested in Jiutianxing. Among them, Qunxing Capital is the largest shareholder with 42.5% of the equity, Jiuzhou Blue Arrow is the second largest shareholder with 10%, Quantum Beat, Star Yu Technology and Quantitative Capital both account for 5%, ranking as the third largest shareholder, followed closely by other institutions or companies.

Overall, Galaxy Group holds 67.5% of the total equity, more than a two-thirds majority, and has absolute control over Jiutianxing Network.

After Jiutianxing.com is listed on the SGX, Qunxing Capital's direct shareholding will be diluted to 34%, which is equivalent to retaining a single veto power in voting on major matters. Together with the total equity held by other Qunxing Capital, the total number of shares will exceed 51 %, general matters can be passed by more than half of the votes, and the galaxies have more than half of the voting rights.

After the listing, the equity was diluted as a whole, but Jiutianxing still firmly controlled Jiutianxing. After all, Qunxing only played with capital, and these were the most basic operations.

When Jiutian Star Network Company announced its establishment, it also announced a low-orbit Internet project called "Star Network".

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At this moment, at the press conference, Yan Jiandan, who was present as the head of Jiutian Star Network, announced to the various media members present at the meeting: "The Star Network project aims to use satellite networks to establish a global Internet coverage and provide customers with better services. Convenient, higher-speed, low-latency Internet connection services. Star network can solve the problem of global coverage that traditional terrestrial networks cannot achieve."

"Currently, most areas around the world still do not have access to high-speed, reliable Internet connection services, especially remote mountainous areas and backward and poor areas. Star network users communicate through satellites and do not need to rely on ground infrastructure, thereby achieving global Internet coverage provides users around the world with wider and more reliable Internet services."

“Compared with traditional terrestrial networks, star networks have low-latency characteristics. Traditional terrestrial networks require signals to be transmitted through multiple ground equipment and relay stations, so the signal transmission time will be delayed. Star networks use low-altitude orbits in space. Deploying a large number of satellites on the Internet allows signals to be transmitted more directly from satellite to satellite, thereby greatly reducing transmission delays and providing faster network speeds..."

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At the same time, Fang Hongzheng was sitting on the sofa in the living room of his villa. He leaned against the sofa with his legs crossed and his hands spread sideways, sitting in a comfortable boss posture, watching the press conference hosted by Yan Jiandan that was being broadcast live.

He, the big BOSS, sets the strategic framework and makes the decision, and the people under his command execute it according to his strategy.

Yan Jiandan at the press conference continued: "The Star Network project represents a revolutionary attempt in the Internet field. The average download speed can exceed 300Mbps and can support functional services such as streaming media, online games, and video calls. It has sufficient potential. Providing high-speed, low-latency Internet connectivity around the world, bridging the digital divide and promoting economic, educational and social development."

Yan Jiandan further stated at the press conference that the goal of the Star Network is to build a space-based communication system with global coverage, large capacity, and low latency. It plans to use 50,000 satellites to replace traditional communication facilities on the ground, thereby providing a global Affordable, high-speed and stable satellite broadband services are available within the range.

These are the parts that have been directly stated publicly. In fact, the "Star Network" has other functions, which can further improve the accuracy and anti-interference ability of the military's navigation and positioning system, and can be used to directly impact intercontinental ballistic missile warheads. Interception can also carry out physical collision attacks on high-value satellites operating in orbit in space, and can also effectively promote seamless switching between military communication networks and commercial communication networks.

All in all, once the construction of the Star Network is completed, it can monitor during peacetime and assist during war. This is an objective and natural ability.

Professionals must also know that this role exists, but Jiutianxing.com will definitely not admit it. Whatever you say is your business. Anyway, I am denying Sanlian here.

Don't ask, asking is to promote economic development, social progress, and technological upgrading.

Next, Yan Jiandan personally announced the three-step plan of the "Star Network" project at the press conference.

The first step is to complete the deployment of 8,960 satellites at an orbital altitude of approximately 550 kilometers in 2016. These satellites mainly use Ku and Ka frequency bands, with a single-satellite communication capacity of approximately 30Gbps, and a system-wide data throughput of up to 150Tbps;

The second step is to complete the deployment of more than 15,000 satellites at an orbital altitude of about 340 kilometers in 2018. The frequency bands used will be added to the original Ku and Ka frequency bands to add the V band to further enhance the coverage and transmission capabilities of the "Star Network" system.

The third step is to complete the deployment and networking of 26,000 satellites in 2020. The satellite frequency band will be added to the original Ku, Ka and V frequency bands. The E frequency band will increase the available bandwidth by 5 times, which can greatly enhance the capacity of the "Star Network" system.

The total budget of the project is 150 billion yuan, of which the average cost of 50,000 satellites is estimated to be 2 million yuan each, requiring a total budget of 100 billion yuan, accounting for two-thirds of the total project budget.

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As soon as this project was announced, it became a big news on the front page that day. "Star Network" and "Jiutian Star Network" became hot search keywords, triggering heated discussions among people from all walks of life.

In the middle of this month, Kyushu Blue Arrow had just made big news and set a new world record for "one arrow with multiple stars".

Only then did the outside world realize that it was originally a layout for the "Star Network". Jiuzhou Blue Arrow had just achieved great success. Jiutian Star Network was established so quickly. The outside world also discovered that Star Capital had really spent a lot of money on its layout in the space field.

Space engineering projects are coming one after another, and everyone is shocked to find that in the past five years, major projects in the space field in China and even around the world are almost all related to and promoted by Stellar Capital.

Although projects such as Saturn Exploration, Mars Exploration, Survey Space Telescope, and Sky Mirror are not directly promoted by Stars Capital, the Natural Science Fund that promotes these projects is also funded by Stars Capital. If you round up, you can directly assume that it is the handiwork of Stars.

The projects directly promoted by Stellar Capital are even more exaggerated, such as the Orbital Reef Space Station project that will permanently operate in orbit, and the "Daily Project" project of a space photoelectric power station that is considered a science fiction level and has been nicknamed a "miniature Dyson Sphere" by many netizens.

Many domestic melon-eating netizens feel very dreamy. These things would have been unimaginable five years ago, but now they are being implemented in a practical way. They are not just PPT plans, they are all serious.

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