Sure enough, within two days, that is, just after the National Day holiday, Zeng Wei received a call from Wanyan Company, inviting him to visit Wanyan Company.

Zeng Wei shook his head, these technical nerds, at this time, still can't wipe off their face.

However, for myself, face or anything is a small matter, and what I care about is interests. In this case, give face to these technical nerds, and take the benefits away.

What's more, Wanyan Company is in Feicheng, and it won't take much time to go by yourself.

So, Zeng Wei agreed.

………………

Mr. Jiang of Wanyan Company, who was previously the general manager of Wanzhong Modern TV Technology Co., Ltd., founded Wanyan Company in 1993, specializing in the research and development of VCD disk technology.

In a sense, Wanyan Company is a subordinate enterprise of Wanzhong Modern Television Technology Co., Ltd.

After Zeng Wei visited Wanyan Company, when he proposed to meet with Mr. Jiang, the boss of Wanyan Company, he was told that Mr. Jiang was not in Wanyan Company, but in the Modern Television Technology Research Institute in Anhui.

Founded in 1987, Wanzhong Modern Television Technology Research Institute is a private research institute specializing in the development, production and sales of high-tech products in the field of radio and television. Now it has become the main backbone enterprise in the park.

The institute is mainly engaged in the application of computer and multimedia technology, digital compression technology and satellite transmission technology in the field of radio and television. In the past ten years, the company has won a number of honorary titles from the state and senior officials, and has undertaken national projects such as the national "Torch Plan", "863" Program, and the Ministry of Science and Technology's Small and Medium-sized Technology Innovation Fund, as well as various provincial and municipal projects.

In 1988, the institute launched the MVC series of subtitle graphics production system, which caused a great sensation, filled the gap of the domestic high-end subtitle machine at that time, and quickly entered the CCTV with excellent performance-to-price ratio, and radiated to thousands of users of TV stations in various provinces and cities across the country, and invited the products of the Japanese Sony company that occupied China for many years to go abroad. It has guided the trend of localization of domestic subtitle machines. The system won the second prize of the Provincial Science and Technology Progress Award and was listed as a national torch plan project.

In 1993, the institute successfully developed the TVM-21 automatic broadcast control system, which passed the expert appraisal of the Ministry of Radio, Film and Television in Liaoning Provincial Television Station, thus greatly improving the broadcast quality of domestic provincial and municipal television stations.

In the same year, it successfully developed the automatic manipulator broadcasting system APF-94M for CCTV, which also passed the expert appraisal of the Ministry of Radio, Film and Television.

The institute has a complete set of R&D, production and sales institutions, including software development department, hardware development department, project department, structural design office, production department, quality assurance department, marketing department, finance department and planning department. However, there are not many employees, and there are nearly 100 employees. Among them, there are less than 50 high-level scientific and technological personnel, more than 20 senior researchers, and it also has more than 4,000 square meters of scientific research and production sites and modern assembly lines and testing equipment.

The world's first VCD disc player was born in this institute.

………………

When Zeng Wei arrived at the place, the first thing Mr. Jiang did was to show him the company's first VCD disc player, as well as the models they are now improving, and made a very optimistic prediction of the future prospects.

Accompanying Zeng Wei was Bai Yanli, who had just arrived in Feicheng and was about to become the head of the Wanzhong branch of Fairy Electronics, a woman less than 30 years old, who was also recruited by the company to take a leadership position.

The expansion of Fairy Electronics is very rapid, and it is impossible to cultivate talents by itself, so in the past two years, a lot of talents have been recruited from the whole society.

This Bai Yanli is one of them, she was born in Tsinghua University, studied until she graduated with a master's degree, and has been working for three or four years.

Many years later, when people talked about Wanyan Company, the most talked about was that they were engaged in both development and production of hardware machines, software turf, and product promotion, and the funding gap was too large, so that later the energy was exhausted, and they were no longer able to participate in the competition.

However, some people in the industry said that when the technical solution of VCD has been upgraded, they still stubbornly adhere to the original technical solution and choose the original supplier, resulting in high product cost and unstable quality, thus eventually losing the market.

Zeng Wei was also a little puzzled by this question.

It is obvious that they have brought a large amount of money and want to buy shares, is it true that they are not a little tempted? Or is this Mr. Jiang underestimating the market and the strength of his competitors?

When Zeng Wei asked this question, Mr. Jiang replied: "We welcome funds to join, but we want to take the lead, your appetite is too big, not only to take the majority, but also to completely control, which is unacceptable to us." ”

Bai Yanli interjected with some dissatisfaction: "With all due respect, if you want to invest 100 million yuan at once, I'm afraid that there are few companies in China that can have such great courage to do it, how can you be a minority shareholder?"

Mr. Jiang replied with some embarrassment: "The inside story is more complicated, and there are still some obstacles, not how greedy we are." ”

………………

Mr. Jiang began to explain the cause and effect, he recalled: "During the Spring Festival in 1993, we introduced VCD technology to China, and invited experts from the Ministry of Radio, Film and Television, the Ministry of Electronics, the State Press and Publication Administration, and record companies to evaluate and demonstrate this technology. ”

"In August and September, when we made the prototype and held a showcase, they finally said that this is too risky, and it should be the behavior of a country, not something that a small business like you can bear. Indeed, our business at that time only had more than 30 people. ”

Zeng Wei nodded, thinking that this was right, after all, this is a huge project, and one or two hundred million dollars of money will be smashed into it, which is just enough for the initial investment.

Mr. Jiang continued: "According to our conditions, we could complete its research and development at that time, and we could complete its initial investment, but later, we found that we were unable to do it, and it cost money from compressors, complete machines, discs, and copyrights. Also, we have to tell people what this is. We need to educate not only users, distributors, but producers and publishers. Of course, we can do all of this, but the key is funding. ”