Go back to 1990 to start a business

Xia Chuan returned to the topic and said seriously: "Now we have a talent who can take the lead, and that is Ran Hong."

Ran Hong's cheeks turned red and she was a little embarrassed. What kind of talents did you mention to take the lead? I'm not as thick-skinned as you.

Everyone glanced at her, laughed secretly in their hearts, and quickly looked away.

"The next step is to establish Yanjing Yiteng Technology Company. Ran Hong will serve as the general manager, accounting for 49% of the shares, and Yiteng will hold 51% of the shares. Each will invest US$[-] million. Ran Hong's money will come from equity swaps, using Far East Bank's [-]% [-] equity swaps.”

Everyone already knew this, Xia Chuan just announced, he continued:

"Our first entry point into high technology is the research and development and production of VCDs, with the goal of eliminating video recorders. We now need a vice president in charge of technology. I can only provide a suggestion for the candidate. In the end, it is Ran Hong who makes the decision."

Ran Hong's cheeks turned redder. She understood what he meant, that was, that person might have other plans.

Everyone laughed secretly in their hearts.

"This person is Jiang Wanmeng, the director of Anhui Modern Television Technology Research Institute." After Xia Chuan finished speaking, he laughed.

Everyone was confused. They didn't know why he was laughing. Did they know that this was the person who invented VCD in his previous life?

Xiao Yun stared and said, "Is this person a woman?"

Xia Chuan's smile suddenly stopped, and then he praised: "My sister is so imaginative."

Everyone smiled, and Xiao Yun said angrily: "Then why are you giggling?"

"I was thinking, no matter how fierce it is, don't we have to bow to us?" After Xia Chuan finished speaking, he laughed again.

Everyone finally understood and looked at Ran Hong with smiles, making Ran Hong hang his head in embarrassment.

Shiyun immediately came to Ran Hong's rescue and scolded: "Brother, are you kidding about such a serious matter?"

Everyone stopped laughing immediately, as there was nothing wrong with not giving Shiyun face.

Xia Chuan coughed as if nothing had happened, "What did you just say?"

Everyone burst into laughter again, and Shiyun punched him in anger.

Ran Hong let go and said angrily: "You just want to tease me, right? Keep going."

Xia Chuan immediately criticized seriously: "As a general manager, you must maintain your grace at all times. I am testing your coping ability."

Everyone burst into laughter, their expressions very painful.

Ran Hong didn't know whether to laugh or cry, so she simply turned her head and ignored him.

Shiyun asked, "How do you know Jiang Wanmeng? Can you give me some basic information?"

"I don't know him. Just like I don't know Ren Zhengfei and Lao Ni, but does this prove that I am wrong?" Xia Chuan smiled leisurely.

Everyone believed him immediately. With Xia Chuan's ability to analyze terror, there was no need to meet someone in person to get to know him.

"Then you talk about VCD." Shiyun quickly guided.

"Okay. Let's take apart the VCD and talk about the CD first."

"We all know the CD, why did you take it apart?" Xiao Yun always felt that he was going to continue to be funny and asked immediately.

Xia Chuan asked in confusion: "Sister, when did you become so knowledgeable? Who invented the CD?"

Everyone was dumbfounded. He actually got into a fight with his sister.

Xiaoyun couldn't answer, and was about to scold her brother, but Bobo said seriously: "Xia Chuan, please tell me in detail, the more detailed the better."

Everyone suddenly became serious. Xia Chuan was right. Since you are doing this, how can you do it if you don't understand it thoroughly?If you don’t want to listen to a CD, then you have such an impetuous mind, can you still do it?

Xia Chuan said solemnly: "I am talking about CD patent disputes to let you understand the importance of patent rights. Patents are the moat of a company. If the patent is not well protected, or the research and development process is seen, it is likely to cause leaks, and then everyone will If you can copy it or even apply for a patent first, then all the huge R&D funds you invested will be in vain.”

Everyone nodded quickly, but Xiaoyun stuck out her tongue naughtily. She was not afraid of her brother.

Xia Chuan leisurely recounted: “When you think of the inventors of CD, you may immediately think of Philips and Sony.

Because since the advent of the CD in the 80s, these two companies have received overwhelming publicity and have been deeply engraved in people's memories.

However, CD was actually invented by an American physicist in the 60s.

And the scientist didn't get a penny from the huge profits from selling the CD.

In 1931, a boy was born in Washington State. He was James Russell, who invented the remote-controlled boat at the age of 6.

In 1953, Russell received a bachelor's degree in physics.

In 1965, the Pacific Northwest Laboratory was established.Russell became a senior researcher at the laboratory.

Since then, he has had his own research direction - how to preserve sound quality.

He is a fan of classical music.

Many music lovers of that era were often frustrated by the fact that the sound quality of plastic records continued to deteriorate over time.So Russell vowed to perfect it.

He even thought about using cactus spikes to replace the old-fashioned playing needles.

One day, Russell suddenly had an idea: to use a digital recording and recovery system to completely change the method of sound recording and playback.

Because in this way, the various components will not come into physical contact during the sound recording and playback process, and it will not cause any physical damage that affects the sound quality.

As a result, an idea with a technological revolution was born in Russell's mind.

He believes that the best "memory" should be carried out by beams of light.

At this time, his mind was filled with "0 and 1", "darkness and light".

Although Russell did not realize his idea immediately in the institute, he completed the plan to convert analog signals into digital signals, which laid the foundation for him to realize his idea.

After about two years, Russell invented the first digital compact disc.

Just like that, the CD came out.

Russell patented his invention in 1970.

He continued to refine his invention, and he wanted it to be applicable to any form of data storage.

Like many new inventions, the advent of CDs did not immediately arouse investor interest.

But in 1971, venture capital businessman Eli Jacobs founded Optical Records and invited Russell to join his company.

In 1974, at an exhibition in Chicago, the company demonstrated an optical-digital television with recording and playback capabilities.

It was the first device capable of converting color images into numbers.

But investors were unmoved, and the world remained unchanged.

Another year later, in 1975, representatives of Philips visited Russell's laboratory and did not give high praise to Russell's research.

These representatives said: "Russell's invention is very good for preserving materials, but it cannot be used to solve audiovisual problems."

In fact, before visiting Russell's lab, Philips was already developing its own optical disc for their product, the 'Visual Drive'.

They were convinced that simulation was the only possible solution.

And Philips invested $6000 million in the development of optical discs, which meant that no one could tell Philips that they were wrong.

However, two months after Philip visited Russell's laboratory, he quietly produced an optical disc exactly like Russell's and applied for a patent.

Since then, except for Philips, Sony and other companies have used Russell's technological inventions crazily without mentioning Russell's name.

This cross-border patent lawsuit is unwinnable. Russell only applied for a patent in the United States, while Philips applied for a patent in the Netherlands.

However, the optical disc company sued all record companies such as Warner, and the court awarded damages of US$3200 million.Unfortunately, Russell didn't get a penny of the money, and he finally left the CD company peacefully. "

After Xia Chuan finished speaking, Youyou asked: "Everyone, what do you think about this matter?"