On the third day after Wang Chenhao's talks with Rear Admiral Fisher, the British Third Sea Lord, the British Admiralty agreed to a proposal between the Royal Navy Shipyard and Shanghai Shipbuilding Industry Co., Ltd. on the joint development of a torpedo boat destroyer (Wang Chenhao called a hunting destroyer). On behalf of the British Admiralty, Fisher signed a cooperation document with Wang Chenhao, stipulating that both sides should bear 50 percent of the cost of the torpedo destroyer, and in return Shanghai Shipbuilding Industry Co., Ltd. would share the technology and experience in the design, manufacture, and sea trials of the ships in the project, and that the technology and experience would not be resold to hostile countries without the consent of both sides.

In fact, the cost of torpedo boat destroyers in this period was not high, and the most expensive torpedo boat cost was only 17,000 pounds, and the torpedo boat destroyer was only a simple enlarged and enhanced version of the torpedo boat, that is, it was equipped with weapons that exceeded the caliber of artillery equipped with torpedo boats, and was equipped with a high-power steam engine that exceeded that of torpedo boats in speed in order to hunt torpedo boats. Referring to the current cost of the British Harvok-class torpedo boat destroyer, the cost is only 31,000 pounds, and the research and development cost is at most 200,000 pounds, which is completely self-developed for the British Admiralty, which spends up to 60 million pounds per year. But the problem is that Fisher himself is also groping, and in the torpedo boat destroyer research and development project he presided over, a total of fifty or sixty models have been developed, and several ships of each type have to be built for sea trials, which consumes a lot of money. In order to counter the threat of a large number of high-speed torpedo boats from France and Russia, the British Admiralty began to build and serve without waiting for Fisher to find the defects of the destroyers, and when the effects and defects of these destroyers were exposed after they were put into service, they in turn blamed Fisher, and as a result, the funds for Fisher became less and less, so that he had to look for foreign aid, and finally found Wang Chenhao as a partner.

After establishing a partnership with Fisher, Wang Chenhao then dispatched a group of engineers and students who studied the construction of large warships at the Portsmouth shipyard, and took them to follow Fisher to the torpedo boat destroyer R&D and manufacturing base, and visited the torpedo boat destroyer designed and built by Fisher.

Fisher took over the development of torpedo boat destroyers from 1892, and during the three years to 1895, he presided over the design and manufacture of a total of 23 classes and 54 torpedo boat destroyers, including the Havoc class (Havok class), the bold class, the ferret class, the zealous class, the assault class, the Banshee class, the conflict class, the eagerness class, the dexterous class, the brave class, and the Roman Gate God class.

Although France and Russia did not know that these A-class destroyers were used to hunt down their torpedo boats, and British officials responded that they were only more advanced torpedo boats, the French and Russian navies would not sit idly by in the face of these British torpedo boats with a speed of 27 knots, and they immediately began to develop torpedo boats with the same speed and armament as a counterpoint. As a result, the French and Russian navies successively built and commissioned a large number of new torpedo boats with a speed of more than 27 knots, forcing the British Navy to develop torpedo boat destroyers with higher speed and firepower.

After 1895, in response to the appearance of higher speed torpedo boats in the French and Russian navies, Fisher had to develop more advanced torpedo boat destroyers that could hunt them, so when Wang Chenhao cooperated with him, Fisher had presided over the development of more than a dozen models of more than 30 new torpedo boat destroyers, such as the Quail class, the sincerity class, the express class, the Orwellian class, the lively class, the Resentment class, the servant class, etc., these torpedo boat destroyers were collectively called the British B-class destroyers in later generations.

However, the appearance of Wang Chenhao advanced the development of British destroyers. Because Wang Chenhao did not look down on torpedo boat destroyers that used reciprocating steam engines as power, this kind of reciprocating steam engines would be manufactured in all countries, so the speed increase of the destroyer was limited, which was also the reason why Fisher was entangled.

Wang Chenhao proposed to replace the existing reciprocating steam engine system with a new steam engine system as a power source, and he proposed the use of a steam turbine system. However, Fisher believes that the steam turbine is still in the exploratory stage, and its structure is not safe and unsuitable for use on warships. However, Wang Chenhao insisted that Fisher had no other way to increase the speed of the ship, so he agreed with Wang Chenhao's opinion.

In the UK, steam turbines have been developed for almost two decades. As early as 1877, Parsons began to design steam turbines based on the principle of water turbines. He used the principle of high-pressure steam flow along the axial direction through a series of turbine blades to rotate the blades at high speed and convert kinetic energy into mechanical work, and developed a multi-stage reactionary steam turbine, which was matched with the high-speed generator he manufactured. In 1884, he obtained a patent for an axial multistage reactionary steam turbine. He used floating bearings and screw pumps for lubricating oil in his steam turbines. His steam turbine generator set had a speed of up to 18,000 rpm, a voltage of 100 volts, and a power of 7.5 kilowatts, which revolutionized steam power and power generation equipment. In 1888 he built a steam turbine for the Newcastle power station that could generate 75 kilowatts of electricity. In 1891, he installed a condenser on the steam turbine, which greatly improved the thermal efficiency of the steam turbine and reduced the fuel consumption rate. In 1894, the Parsons Marine Steam Turbine Company was founded.

Fisher knew that only Parsons was currently engaged in the development and manufacture of steam turbines in the UK, and at this time, Parsons was building the yacht "Turbonia" for a wealthy British man, powered by a 1,500-kilowatt steam turbine generator set for a yacht race on the Thames in the spring of 1897. The design speed of the boat was 36 knots, and the current test speed has reached 34.5 knots, which is suitable for loading on a torpedo boat destroyer, which made Fisher extremely happy, and immediately negotiated with Parsons to license the relevant technology.

Of course, at this moment, Fisher had not yet discovered the greater usefulness of Parsons, but Wang Chenhao sent someone to contact Parsons quickly, because he knew that Parsons was working on a new generation of steam turbines, which would be equipped with a new generation of battleship Intrepid in 1904, and the company would then develop a gear transmission and gear reducer, which would once again change the steamship power revolution.

Wang Chenhao wanted to get all of the company's scientific staff, as well as their existing steam turbine technology. He sent someone to contact Parsons to buy his company wholly and hire their scientists at a high price. But Parsons now has his own company, and he doesn't want to be bought by someone else.

Parsons refused the representative sent by Wang Chenhao to negotiate, but Wang Chenhao did not give up, the company's technology will affect the course of the world's navy in two eras, and Wang Chenhao had to use some means for the country's future naval development.

Parsons's total assets are only 80,000 pounds, and Wang Chenhao now has tens of millions of pounds in his hands, and he spent a huge amount of money to buy off a night guard of Parsons, stole several key patented technologies that Parsons was about to register in the UK, and then sent a few people to pretend to be businessmen to buy his technology from Parsons at a high price and sign a contract, one of which stipulated that if he breached the contract, he would be fined ten times the transaction price.

Parsons happily signed the contract, thinking that there was such a fool in the world who would pay a lot of money for his skills, but he did not know that he was caught in a conspiracy.

Three days later, Parsons received a court summons, and he was sued by the buyer because his technology had been pre-registered by someone else, and the buyer demanded ten times the damages.

This is the death of Parsons, who sold the technology transfer fee for 50,000 pounds, and now he has to pay 500,000 pounds just for liquidated damages, which he can't afford anyway.

Parsons asked the police to open a case for investigation, but the security guard who stole the technology had already left London under Wang Chenhao's arrangement. The British police simply issued a wanted warrant and dismissed it. Parsons, on the other hand, had to pay a huge penalty for the breach of contract.

Parsons was about to jump off the building in a hurry, when Wang Chenhao threw an olive branch again and continued to solicit him and buy his company. Parsons was cornered, so he agreed to Wang Chenhao's request, but asked Wang Chenhao to help him pay liquidated damages. In this regard, Wang Chenhao was embarrassed, but finally agreed.

Parsons looked grateful and said that he would do his best to do things for Wang Chenhao in the future, although Wang Chenhao felt embarrassed, but for the sake of the overall situation, he had to be a bad guy once.

Parsons was so grateful to Wang that he bought his company, and signed the transfer contract the same day, along with all the company's employees. Since then, Parsons has become a branch of Beiyang Technology, but Wang Chenhao chose to keep a low profile, and the merger and acquisition of Parsons has not been made public, on the surface, Parsons still manages everything in the company, and uses the company's convenient conditions in the UK to create conditions for Beiyang Technology to arbitrage technology from the UK and recruit high-tech personnel in the future.