Rebirth began in 2004

In terms of research in the field of industrial robots, it does not mean that there are no domestic companies doing it. However, the domestic industrial robot market is indeed too small now.

As a domestic enterprise, the entire market naturally can only rely on the domestic market in the early stage, and must also rely on low price and cost performance to compete with foreign enterprises for the market.

Products that focus on cost-effectiveness are basically very meager in terms of profit.

It’s so meager that no one wants to do it!

Hengtong Technology is going to enter the field of industrial robots, which makes other similar domestic manufacturers nervous for a while. They know very well that they will fall into chronic death.

Who in China doesn’t know the R&D strength of Hengtong Technology?

Relying on its strong financial resources, Hengtong Technology's R&D personnel are well paid and have sufficient R&D funds, which naturally means its R&D strength is strong.

As long as there are good remuneration and sufficient R&D funds, it doesn't matter even if the management is slightly poor, R&D personnel can still develop strong R&D capabilities.

Besides, Hengtong Technology’s management capabilities are not bad either!

Even better than most.

Chen Wei has always felt that the management system he came up with by referring to some ancient systems, plus those from Zhongwei, and his own thinking, has performed quite well.

At least within this system, those who are capable will surely stand out and receive corresponding treatment.

Talent will not be buried!

When talents are constantly being buried in a company, then the company has no future for development.

If you have great pursuit of your future, then hurry up and leave this company!

If you just want to live with your salary, you should work honestly!

Jinling, this is a city that is overshadowed by the light of other sister cities.

As an ancient city, various ruins and relics can be seen everywhere in Jinling.

There are still many ancient buildings preserved throughout the city.

Classical and modern are perfectly blended together in this city.

In the office of Eco Industrial, several company shareholders were sitting together. Even though the air conditioner was still on, everyone didn't care about it anymore and started smoking anyway.

"Let's talk about it. This time Hengtong Technology intends to acquire us. What is our attitude?"

"I heard that Hengtong Technology's acquisition is not just ours!"

"It seems that Hengtong Technology has big plans this time!"

"Haha, there's no other way, who calls people rich!"

While he was talking, he was also playing with the mobile phone in his hand. Judging from the logo on the back of the mobile phone, it was uni2.

He Yang crossed his hands in his arms, with a look of indifference on his face, and looked at several people. As the largest shareholder of Eco Industrial, He Yang holds 37% of the shares of Eco Industrial.

Eco Industrial was founded five years ago. After five years of development, Eco Industrial has made some achievements in the field of industrial robots.

He Yang expressed his attitude directly: "I personally tend to accept the acquisition of Hengtong Technology."

Five years ago, He Yang returned from studying abroad in Hansi and founded Eco Industrial, hoping to make a name for himself in the field of industrial robots in China.

But many things are not just ideal.

Tired!

In the past five years, He Yang has mainly done one thing, looking for funds!

Much more energy is spent on finding funds than on research and development.

Now the funds on Eco Industrial's account are about to bottom out. If there is no entry of external funds, Eco Industrial may go bankrupt.

He Yang naturally knows that shareholders are dissatisfied with the fact that after investing huge amounts of research and development funds, they did not come up with blockbuster products.

He Yang was also helpless about this.

The research and development of industrial robots began abroad in the 1970s.

As labor costs continue to increase in developed countries, the demand for industrial robots is also increasing.

If developed industrial countries do not relocate their industries, then industrial robot technology should be more advanced than it is now.

However, under the control of capital, developed countries have transferred all labor-intensive industries out of the country.

Now China will also face labor cost problems.

Labor costs are rising, and for companies, there are not many choices.

One is to move to a place with low labor costs to build factories and produce.

In the past thirty years, China has been continuously undertaking the transfer of industries from developed countries.

And directly became the world's largest industrial producer.

Let the factory move from China to Southeast Asia?

This is really unacceptable to China. What should we do?

There is only one way to go: carry out industrial upgrading and rely on technological improvements to reduce production costs.

It is imperative to develop advanced industrial robots.

Machines replace people, which is a major trend.

Industrial robots will inevitably occupy an extremely important position in human industrial production.

He Yang saw it and did it!

However, this road is more difficult than imagined.

Eco Industries lacked financial support, so He Yang was begging his grandfather to sue his grandmother in order to get enough funds.

It's simply a feeling of exhaustion.

"You can contact Hengtong Technology and have a look. If the price they give is right, I think it's okay."

I originally thought that Eco Industrial was going to be doomed, but I didn't expect that it would actually turn around.

In this way, in addition to getting back the money you invested, you can also make a fortune.

This is quite satisfying.

The negotiations between Hengtong Technology and Eco Industrial went very smoothly. Except for He Yang who retained his shares, the other shareholders did not make any reservations at all.

The industrial robot market does seem promising, but the prospect is just a prospect. When the market fully recovers, the day lily will be cold.

Looking at the current situation, this market cultivation cannot be completed in a few years.

In addition, in the field of industrial robots, Europe, the United States and Neon are extremely strong. Can Ico Industries compete with them?

Even if we can occupy some low-end markets, it’s not enough!

As we all know, in the low-end market, the profit per product is extremely thin.

The entire industrial robot market is also small, with hundreds of millions of units sold domestically now.

Eco Industrial has many users and has sold some products, but does it count as making money?

Anyway, I don’t have enough confidence in the development of Eco Industrial.

Therefore, other shareholders of Eco Industrial cashed out one after another.

Hengtong Technology is naturally happy to see this.

In the end, Hengtong Technology acquired 85% of the shares of Eco Industrial for 140 million.

He Yang holds 6% of the other 15% of the shares, and the remaining 9% is held by R&D personnel.

After Hengtong Technology completed the acquisition of Eco Industrial, it increased its investment by 200 million as R&D funds for Eco Industrial.