According to this plan, the Dragon Scale System, the Geothermal Power Station project, machinery manufacturing, and the newly acquired Jinli Company would all fall under the parent company, while all other projects would be assigned to subsidiaries. Jinli Company represented the phone business. Although Wang Sheng had no idea how extraordinary the phone Shen Bing planned to develop would be, knowing Shen Bing, he suspected this product would crush its competitors just like the previous ones.
The mobile phone industry was unquestionably one of the most closely watched industries in the world, with a market larger than that of any of their existing products.
If Phantom Immortal Technology's phones sold as well as the company's other products, the profits they generated would surpass those of Dragon Scale Software, making phones the company's leading business.
After reading the report and giving it some thought, Shen Bing made several revisions.
Without question, the Dragon Scale System had to remain with the parent company, not merely because of its profitability, but more importantly because of its enormous potential market. Keeping it under the parent company would facilitate future product upgrades.
The phone industry was indeed the next major field Phantom Immortal Technology intended to break into, so it naturally belonged under the parent company as well.
But Shen Bing had no intention of keeping the Geothermal Power Station project under the parent company.
Yes, the Geothermal Power Station project was extremely important, but Phantom Immortal Technology's Geothermal Power Generation Technology was already highly mature and would not require technological updates in the short term. In other words, the power stations only needed stable operations to turn a profit, and their cash flows would be very clear.
When Shen Bing first laid out his plans for geothermal power stations, he had hoped to control