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Chapter 313 - Chapter 313 313 Change the style

Chapter 313: 313 Change the style Chapter 313: 313 Change the style Several days later, the other four enterprises also agreed to the conditions proposed by the laboratory. Chen Xu personally appeared to sign contracts with these five companies.

It was the first time he stepped to the forefront, and the signing day was quite low-key; there were no reporters, and it was done quietly.

The second company to agree to sign was the top domestic battery brand and also the world leader.

The signing representative, a man in his forties, after signing the contract and shaking hands with Chen Xu, expressed some regret, saying, “You have rejected the proposal we put forward, could you tell us the reason?”

Previously, the company had privately approached Secretary Jin with another partnership proposal. They wanted exclusive authorization and offered 6 billion, even indicating they were open to further negotiations.

Chen Xu had rejected this proposal.

Chen Xu withdrew his hand, saying, “A monopoly is not conducive to the healthy development of this industry, and it also provides foreigners with reasons. Don’t forget, many countries have antitrust laws.”

More importantly, it did not align with his personal interests.

Without competition, relying on a monopoly, one could make money easily, and, over time, the entire company would lose its drive and might even suppress emerging companies and new technologies for its benefit.

He would never allow such a scenario.

“This market can sustain six or seven companies.”

The battery market is vast enough, just the batteries for electric vehicles are enough to sustain several companies, not to mention those for mobile phones, laptops, and other consumer electronics.

Even the smallest market in the industrial sector, the energy storage batteries, is more than enough to sustain a company.

To ensure competition, he would also give two spots to foreign companies.

From now on, the seven companies chosen by him would stand at the peak of this industry. That is the advantage of dominating the upper stream of the industry, all companies in the field would have to respect them.

Launching the new type of battery would still take a while. After all, building new production lines is not something that can be done in a day or two. Also, the companies would increase their research investment to maintain their product competitiveness.

The battery model provided by Chen Xu was made rather casually but still had huge potential. Theoretically speaking, its energy capacity could be increased by about half as much again.

The middle-aged man admired and said, “Mr. Chen, you’re young yet with such a broad vision, truly admirable. I hope there will be more opportunities for cooperation in the future.”

Chen Xu, regardless if it was just politeness or not, accepted the compliment with a smile, “There will be.”

The middle-aged man then asked, “May I venture to ask which area will your company research next?”

Without hiding his plans, Chen Xu said, “Lithium-sulfur batteries.”

With lithium-metal batteries already on the scene, how far could lithium-sulfur batteries be?

Theoretically, the energy capacity of lithium-sulfur batteries is more than ten times that of the current lithium-ion batteries, and more than four times that of the batteries Chen Xu had initially developed.

Achieving this requires solving the issue of lithium dendrites, as they use lithium metal as the anode as well.

The man, not surprised, smiled and said, “Then I wish you quick results.”

“Thanks for your kind words,” Chen Xu replied with a smile.

He could release a mature product at any time, but doing so would not be beneficial to anyone.

The five companies that had just paid a lot for the patent licenses would feel cheated. It would merely offend people, and since they could be considered partners, it didn’t make sense to trick them and tarnish his reputation.

Of course, he couldn’t wait too long, either. Never underestimate global research capabilities; once the solution to the lithium dendrite problem becomes known, research institutions worldwide will certainly escalate their studies on lithium-sulfur batteries. If someone else made a breakthrough first, the financial loss would be trivial compared to the impact on his industry status.

Chen Xu decided to give them four years, enough time for them to make substantial profits. By then, releasing a new generation of lithium-sulfur batteries would be timely for an upgrade.

……

The money soon arrived in the company’s account, and after paying taxes, 4.5 billion remained. Chen Xu’s newly hired professional financial advisor had provided him with several tax avoidance schemes, he acknowledged the finance team’s work, but did not adopt the advice.

At his level, a difference of 500 million more or less didn’t matter much to him, so why bother to exhaust himself thinking about how to evade taxes? Of course, he wouldn’t refuse the benefits he should enjoy by putting on airs. He would pay whatever he needed to pay.

The next day.

Chen Xu drove his newly purchased Maybach to the front of Luo Xiyun’s company.

Luo Xiyun had started her own company in an office building rented near Wanhua Company. The driver got out and opened the car door, and Chen Xu stepped out.

Chen Xu wore a red striped suit today, with sunglasses and a pair of brown pointed leather shoes, and he walked straight into the building.

Secretary Jin carried a briefcase and followed behind him.

After getting into the elevator, with just the two of them, Chen Xu took off his glasses and said, “It’s a pity. If I had brought a few bodyguards, it would have been even more impressive.”

Secretary Jin felt that the boss had changed too much during this period, completely different from before. He used to never be as showy as he was now.

But thinking about it, the boss really had become rich overnight. Wealth could drive people crazy, and this was 500 million after all. She wouldn’t find any change in him strange.

Thinking to herself, she responded, “Do you need to hire some bodyguards?”

“Let’s forget that. I don’t want to be followed everywhere. But we can contact the bodyguard service. When needed, we can arrange in advance and hire some temporary bodyguards,” Chen Xu said.

Ding.

During their conversation, the elevator reached their floor.

Yunxu Audio-Visual Equipment Co., Ltd.

Chen Xu was very pleased when he saw the company’s name. It represented an extraordinary meaning.

It was his first visit to Luo Xiyun’s new company.

After speaking to the receptionist, they entered the company.

Inside was a large office where a dozen employees were busy in front of their computers, all looking quite young. The work atmosphere seemed good.

Secretary Guo got the news and came to greet them; she paused slightly upon seeing Chen Xu.

“Secretary Guo, long time no see,” Chen Xu greeted warmly.

Secretary Guo had chosen to follow Luo Xiyun to start a business, truly demonstrating her loyalty.

“Mr….. Mr. Chen,” Secretary Guo stumbled over her words, “Mr. Luo is inside waiting for you.” She unconsciously used honorifics.

“Alright.” Chen Xu, along with Secretary Jin, walked into Luo Xiyun’s office.

“What are you here fo– ” Luo Xiyun was looking at a document and began speaking, then looked up, startled, “Why are you dressed like this?”

Chen Xu turned around and said, “How does it look? Nice, right?”

Luo Xiyun put down the document, sized him up, and nodded, “Didn’t expect it, but it suits you quite well.”

Having discussed his attire, she asked about official matters, “What brings you here at this time?”

Chen Xu said, “I want to invite you to go back to my hometown with me.”

Luo Xiyun said, “Spare me, please. I really can’t leave right now.”

Chen Xu said, “Work never ends. Seeing how hard you work pains me. How about this? When we return from my hometown, I’ll come over and help you for a few days.”

Luo Xiyun shook her head, “I can handle it myself.”

Chen Xu walked over, knelt beside her chair, took her hand, looked into her eyes, and said, “I support you wanting to run your own business. But, the condition is you have to balance work and rest. Life is only a few decades. I want to spend more time with you.”

Luo Xiyun held his hand tightly and said, “Then let me arrange things first.”

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