My Galactic Technology
Chapter 12

Startup Loan

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8mo ago

Interpersonal relationships in manufacturing companies are extremely complex.

At Zhong Wei Technology, the current core focus is on sales dominance. Surpassing Hua Long Technology is just one objective; another is to significantly increase sales revenue.

Therefore, the weight of the business department is heavier than that of procurement, and even heavier than R&D and projects.

This is also the reason why Liao Yongqing dared not be negligent.

However, Liao Yongqing was at least at the general manager level. Facing Li Bo's inexplicable anger, he also had a temper and was just waiting to clarify the matter before retorting.

But now, it seemed that their procurement department had indeed messed up.

Peng Fan didn't say anything, but seeing his panicked expression, Liao Yongqing instantly understood.

"Peng Fan, do you know about the matter Mr. Li mentioned?"

Liao Yongqing asked, his question carefully worded. If Peng Fan said he didn't know, then there was still room for argument.

Peng Fan hesitated for a moment and said, "I'm not clear about Hua Long Technology's bid, but regarding the FY-01 material that Mr. Li just mentioned, someone did come to recommend it the day before yesterday. It's just that the person was very arrogant and insisted on signing a confidentiality agreement before giving us the material. So our R&D department said at the time that they didn't dare to use his material."

"Such a tough supplier, do you know which company it is?"

Liao Yongqing asked again, feeling genuinely relieved. 'Fortunately, not too stupid.'

Li Bo and Feng Zhongfa also heard this news for the first time. Their initial angry emotions immediately subsided somewhat. As long as it wasn't intentional obstruction, it was understandable.

Although Peng Fan's words implied pushing responsibility onto the supplier and shifting the blame to R&D, they were well aware of it but could also understand.

Peng Fan secretly rejoiced while answering, "A company called Fei Yang Technology. It's a new company founded by a former R&D staff member of a material supplier we used to cooperate with. He said his material performance surpassed the leading foreign material, which we certainly didn't believe..."

Feng Zhongfa interrupted him at this point, saying coldly, "The people from Hua Long Technology said that this material's performance is comparable to the leading foreign material, and you didn't believe it? Making wild guesses without doing verification, this is not how things should be handled at all."

Peng Fan was immediately choked and speechless.

Liao Yongqing then retorted, "Mr. Feng, Peng Fan just said that the supplier was tough and insisted on us signing a confidentiality agreement before giving the material. Is this us not doing verification? These are two different things, okay?"

Feng Zhongfa's face changed, and he was about to retort.

Li Bo waved his hand, stopping the meaningless argument, and said, "What's past is past, no need to keep rehashing it, it's meaningless. But the failure of the Oupai customer project bid must be accounted for to the company. Mr. Liao, you take the lead and do an investigation report. There must be a responsible person for this matter."

Liao Yongqing was silent for a moment, then nodded in agreement. "Okay."

'Damn, I still have to take responsibility!'

Peng Fan secretly groaned, filled with regret.

Undoubtedly, he couldn't avoid taking responsibility for this matter and would likely be fined.

At this moment, he desperately wished he could go back to that time, when Zhou Feiyu introduced the material, and he wasn't so arbitrary, giving Zhou Feiyu a chance.

Looking back now, giving Zhou Feiyu a chance at that time was actually giving himself a chance.

After Liao Yongqing and Peng Fan left, Li Bo made a suggestion to Feng Zhongfa: "Mr. Feng, regardless of whether this material is a new product from a new company or whatever, since Hua Long Technology dares to use it and it has a significant price advantage, I believe it must have something extraordinary. I think we can also verify it, what do you think?"

Feng Zhongfa immediately said, "I will arrange for this matter to be done."

While Zhong Wei Technology was in chaos, Zhou Feiyu, who had already returned to his hometown county in Nanjiang Province, also received a message from Wang Wei. Hua Long Technology had used his material to defeat Zhong Wei Technology and won a high-volume project from the Oupai customer.

"Mid-to-low-end dual punch-hole LCD screen phones, I didn't expect this new technology screen to become a volume-running model."

Zhong Wei Technology's failed bid did indeed make Zhou Feiyu feel relieved. Who told Zhong Wei Technology not to pay enough attention to him? They deserved it.

But this relief was just a temporary emotional release. What Zhou Feiyu lamented more was the increasingly rapid pace of technological innovation and iteration.

In the second half of last year, major mobile phone manufacturers were still using punch-hole screens as a selling point, talking about extreme point screens, capsule screens, and so on, hyping them up to show how the screen-to-body ratio of mobile phone screens had been expanded.

But now, dual punch-hole screens are no longer a selling point, but are being used by mobile terminal companies like Oupai as a volume-running project.

Running volume is not for the purpose of demonstrating a company's innovation, technology, or other strengths, nor is it for the purpose of profit. It is specifically for the purpose of occupying the market and increasing market share.

The development of such projects shows that Oupai customers intend to make this type of punch-hole screen phone a common sight, turning it into a mass-market product.

Zhou Feiyu felt a sense of urgency.

Mobile phones are fast-moving consumer goods. A company can launch multiple models in a year. Once Hua Long Technology widely applies his FY-01, he must have a factory of sufficient scale to have production capacity, otherwise it will be difficult to develop rapidly.

Venturing into the optical materials market alone, without money or power, he can only rise quickly to avoid giving competitors time. Otherwise, the longer it drags on, the more variables there will be.

As an R&D person, Zhou Feiyu's mindset was to just do it!

Before heading to Peng City, in addition to making samples of FY-01, Zhou Feiyu also completed two things. One was the patent certificate, which he had already obtained. The other was submitting a startup loan application.

Getting a patent certificate can be difficult, but it can also be simple. Zhou Feiyu chose the simple way and directly entrusted a patent company to apply.

For FY-01, he applied for more than a dozen patents, including new invention patents and utility model patents, related to some materials, processes, and equipment needed to manufacture FY-01.

Of course, the most core technology here was not applied for. This involves the production of deeper materials and is the core of the core, so there is no need to apply for a patent.

The next day, he went to the bank to submit some supplementary materials.

"Boss Zhou, are all the supplementary materials here?"

Dong Xiaolou, the head of the county branch bank, greeted him with a smile. College student startup loans were very rare in their county. After all, it is located in an inland area with poor economic development, so there are few college students who return home to build, and naturally even fewer who start businesses.

Not to mention high-tech startups, which can be said to be extremely rare.

And what Zhou Feiyu applied for this time was a high-tech startup loan. Looking at the stack of patent certificates Zhou Feiyu handed over, Dong Xiaolou was even shocked.

You know, these were just Zhou Feiyu's personal inventions.

In their county town, except for the only two listed companies that have more than ten patent certificates, other companies basically have zero, even though the county has specially introduced high rewards for patent issues.

Zhou Feiyu nodded and replied, "They are all here."

Dong Xiaolou looked through them for a while and reminded him, "Don't worry, I will help you apply as quickly as possible. In addition, your case is a high-tech startup, so you can apply for two to five years of interest subsidies and tax exemption support. Don't miss out."

End of Chapter
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