53: Chapter 53 Save the Mother or the Child?

Two days later, Su Ye, accompanied by Zhang Hua and General Manager Fang Zheng, inspected several subsidiaries under Future Technology.

Simply put, the prospects for these subsidiaries are quite good. For example, Future Drones has already captured a share of the youth market and has relatively high brand recognition among young people. However, due to cash flow issues, it lacks its own factory production lines and relies almost entirely on external outsourcing. In the long run, this will inevitably lead to quality issues for Future Drones.

Secondly, the Future App launched by Future Intelligent caused quite a stir initially, but subsequently, various similar apps sprang up like mushrooms to compete with Future Intelligent for market share in the artificial intelligence sector.

Especially after Pony entered the fray, nearly half of Future Intelligent's market share was snatched away by Pony, which has a broad customer base. The only reason it still holds a significant share now is entirely due to technical barriers. However, it is foreseeable that if promotional funding remains insufficient, it is only a matter of time before Pony catches up.

Not to mention that Future Cloud, another company, also has a partnership with Pony and is currently in a state of suspension.

Overall, while the prospects are bright, the current situation is full of holes. The main issue is cash flow. If there is sufficient cash flow, all problems can be solved. Once Future Technology survives these two years, it will usher in a bright future.

However, this cash flow requires at least hundreds of millions just for the initial investment, and a total investment of over three billion is needed to ensure that the several subsidiaries can possess strong competitiveness and eventually transform into cash cows.

"Chairman Su, this is the biggest problem our Future Technology is currently facing."

Su Ye kept rubbing his temples, thinking about the fifty million in his bank card. At first, Su Ye thought fifty million was a lot, but now it seems that when facing the various problems of Future Technology, fifty million is merely a drop in the bucket.

"What about bank loans?"

Hearing Su Ye's question, Zhang Hua spoke up first:

"I have thought about this path before. Before you took over Future Technology, we had a 30 million loan from Pudong Development Bank, but it has already been settled."

"Given our current asset situation and credit standing, if we were to contact the bank for a loan again, even with the support of our local government, the estimated limit would be between 30 and 50 million. If we were to fight on multiple fronts, combined with our income, we could at most complete the initial promotion for the first two months."

Zhang Hua had previously communicated this idea with the CFO, and the discrepancy would not be significant.

"Whew—"

Su Ye let out a long sigh, waved his hand to let Zhang Hua and the others leave the office, and then turned to stare blankly at the scenery below.

Save the mother or the child?

If Su Ye were to retreat now and sell Future Technology, he is certain that getting around 300 million would not be a problem, because those big shots can see the development prospects of Future Technology. As long as it persists for these two years, the valuation of Future Technology will be at least ten billion. Even adding the cash injected, spending over three billion to exchange for over ten billion in two years, a return rate of over 300% is something everyone would accept.

But Su Ye is not a fool. Those big shots can see this, can't Su Ye, the current actual person in charge, see it too? If there were truly no other way, Su Ye might consider selling, but right now, it is not completely hopeless.

[Host: Su Ye]

[Age: 25]

[Physical Fitness: B+ (Amateur Athlete)]

[Appearance: 87]

[Cash: 52,681,620.7 Yuan]

[Assets: Chunxi Road Pedestrian Street Ground Floor Shop, Future Technology Co., Ltd.]

[Connections: Cao Ye (R9), Yan Zheng (R7)]

[Current Connection Level: R7]

[Connection Task Target: Chen Ze (R7)]

Under normal circumstances, there would naturally be no way, but Su Ye has Brother System.

This time, it just so happened that an R7-level task was refreshed. The previous task, Yan Zheng, was also R7-level. Although the risk was a bit high and even involved life-threatening danger, the rewards were generous—Future Technology Group plus cash rewards totaling over 200 million.

If another cash reward of two or three hundred million comes this time, the plan can be pushed forward. More importantly, as long as this R7-level task is completed, only one R7-level task and one billion in assets will be left to upgrade the system level. By then, supporting the development of Future Technology will absolutely not be a problem.

"Chen Ze." Su Ye muttered the name to himself, feeling it sounded familiar, and directly opened the task intelligence.

[Detected that the host has no interaction with the task target Chen Ze and is in a stranger state, hereby providing brief information]

[Name: Chen Ze]

[Gender: Male]

[Age: 34]

[Position: Vice President of the Board of Directors of Chaoyang Group]

[Home Address: Lihu · Shiman Lihua]

[Please establish contact with the connection target as soon as possible. The system will release connection assistance intelligence after contact is established.]

"Damn, isn't this the Little Boss?"

Looking at the slightly chubby man next to the name, wearing black-rimmed glasses and having a bit of a worldly aura, Su Ye couldn't help but be shocked. This was exactly the Little Boss of the company where Su Ye used to work, and Su Ye's good friend Xiao Ran was even his relative.

"What a coincidence." Su Ye couldn't help but laugh out loud. By all logic, this Little Boss shouldn't be an R7-level connection; Su Ye thought he would at most be an R6. But based on recent chats between Cao Ye and Su Ye, Su Ye had learned a lot about this Chen family.

The Chen family's rise was very fast. In the early 1990s, Chen Chaoyang, the big boss of Chaoyang Group, was just a twenty-something kid. He had been a car broker, sold leather shoes and suits, set up street stalls, and worked as a chef.

But in 1997, Chen Chaoyang completed his initial capital accumulation and opened his first bulk-sales store in Chengdu. When they said "bulk-sales store," it meant driving around to sell things. No one would have thought that this small shop would become a large group with a market value of ten billion thirty years later.

According to Cao Ye, the Chen family only held 40% of the shares in Chaoyang Group. The remaining 60% was either in the hands of various shareholders who joined later or in the hands of some relatives who invested at the beginning.

Of this 40%, Chen Chaoyang held 28%, his wife held 8%, while the Chen family's eldest son, Chen Ze, only held 3%. The remaining 1% was in the hands of the Chen family's eldest princess. Previously, after Chen Chaoyang entered the ICU and thought he was going to die, he made a decisive decision to draw up a will, allocating 20% to Chen Ze, the remaining 5% to his wife, and 3% to his daughter.

In this way, the shares in Chen Ze's hands would still be the most in the entire company. And after his wife passes away, it is believed that she would leave the bulk to Chen Ze. Combined with the relatives taking sides, Chaoyang Group would still be surnamed Chen.

As it turned out—the old man didn't die, the will was voided, and Chen Ze still only had 3% of the shares. Looking at the current valuation of Chaoyang Group, which is less than 30 billion, Chen Ze's shares are worth at most seven or eight hundred million. Adding his private assets, it is normal that he did not exceed R7.