"Billion US dollars?" Lin Youde was almost shocked.

Zhou Yujie went to acquire a medical device company. Of course he knew about this. Lin Youde, who learned the news, actually felt that it was a bit inexplicable. Fortunately, the acquisition only requires several hundred million yuan. If it is acquired in the future, there will definitely be a dedicated team to manage it. Therefore, Lin Youde also felt that there was no need to deal with such a small matter, just treat it as a hobby of the boss.

But investing another billion US dollars in is a completely different concept, which shows that Zhou Yujie is really ready to develop this industry.

Zhou Yujie smiled and said, "Don't be excited, expansion also requires step by step. This is just a plan for the next five years."

Lin Youde asked in confusion: "Mr. Zhou, why do you need to invest such a large amount of money to enter this industry? The medical industry is a high-tech industry in the traditional industry. It is very difficult for outsiders to enter. Even if we have money, it will take a lot of time to catch up with those old companies. If Mr. Zhou, you want to invest in the biopharmaceutical industry, you can completely learn from Bill Gates to invest in new biological companies. There is no need to end up in person."

Zhou Yujie waved his hand and said with a smile: "I didn't say I wanted to invest in the biotechnology industry. I bought medical devices, which is different from the pharmaceutical industry.

We can’t play in the pharmaceutical industry, but the medical device industry is still fine. Innovation in this area is relatively easier.”

"I just think this will consume a lot of your energy." Lin Youde said after thinking about it.

One billion US dollars cannot be said to be a very large number for Toutiao, but Zhou Yujie would rather invest this money in other industries, which will inevitably mark the shift of Zhou Yujie's energy in the future, and this is Toutiao's biggest trouble.

Choice is greater than effort. This is not only for ordinary people, but also very correct for giant companies. Toutiao can develop like this now, and every decision of Zhou Yujie is on the verge of the storm. Every direction has formed a perfect combination in the future, which makes Toutiao now have the momentum of punching Alibaba and kicking Teng Xun.

Zhou Yujie shook his head and said, "Toutiao has developed like this. In fact, my role is not very big. Next, my focus is on the development of scientific research. I also hope that I can make certain achievements in these fields."

The smooth start of Douyin and Pinduoduo basically marks that Zhou Yujie's rebirth of the prophet has been almost used. Toutiao has so many dividends that it will not worry about at least in the next ten years. This may be similar to Apple after Jobs.

But for Zhou Yujie, with such a chance to rebirth, it would be meaningless to make money alone. So what if you make trillions of dollars, it would be better to use the existing funds and resources to develop some high-tech.

Lin Youde nodded and said, "Okay, since President Zhou has made up his mind, I won't say more, but since the medical device industry only needs to spend one billion US dollars, where will the remaining funds be used?"

Zhou Yujie dipped his fingers in water and wrote a word gently on the table.

"Car?" Lin Youde paused and asked, "We want to build our own cars?"

Toutiao began to study autonomous driving technology and supporting software, hardware and chip research and development two years ago. In the past two years, it has invested more than one billion yuan and obtained many patents. However, the outside world has always been curious about whether Toutiao will build cars by itself.

Even the senior executives within Toutiao are quite interested in this. After all, this kind of investment will affect the capital chain and development direction of the entire group and will have a great impact on everyone.

Zhou Yujie nodded and said, "Yes, I have said a long time ago that automobiles will be a very important carrier in the future. This kind of investment involving future strategies must be invested.

I have considered only developing software, i.e. driverless technology, but judging from recent experience, this trick won’t work, and it’s the right way to move forward together with software and hardware.”

Although Toutiao's autonomous driving research has been underway for two years, it is really useful, and the time wasted is consumed by hardware. Because Toutiao does not have the ability and qualifications to build cars, it is difficult to get its software to test it on the road, and hardware partners also value this achievement and want to get a share of the pie.

In addition, in the past two years, Toutiao's core business has begun to get on track, and Bitcoin has brought huge amounts of funds, which naturally gave Zhou Yujie ambition to prepare for car manufacturing. After all, the automobile industry is the crown of human industry. For historical reasons, it was difficult for fuel vehicles to catch up in China. Now, the new energy vehicles represented by electric vehicles are the best time to overtake.

Lin Youde thought for a while and said, "If we build our own cars, money is not the most important thing at the moment. The team is, we have to start looking for top talents in this field."

Although electric cars are much simpler than fuel vehicles, they are not built in a short time. Even if they are just R&D, three years are already very short. When you have money, even if you build your own production workshop, it will be faster than R&D and design.

Car manufacturing is hardware, which is completely different from other Toutiao businesses. Previously, Toutiao had to open a new business and directly recruit talents from various departments. As long as it is in the Internet industry, all talents are universal, but the hardware field obviously does not work.

Zhou Yujie smiled and said, "This is the benefit of being rich. It is possible to directly poach technical R&D teams from traditional car companies such as Volkswagen, BMW, and Mercedes-Benz, which are not related to the three major items. The three major items of electric vehicles are directly poached from car companies such as NIO and BYD. If it is really not possible, it is OK to go to Tesla in the United States to poach Chinese engineers."

There are three major items for fuel vehicles, and there are also electric vehicles. The two are not universal, but other components such as the body, glass, seats, chassis, etc. are all universal. Therefore, it is still possible to dig these people from the fuel vehicle owner factory.

Lin Youde nodded and said, "These are not problems. Who is the general manager of the car factory?"

The most core of a business is the team, and the most core of the team is the general manager. This person can often determine the life and death of the entire project, so it is very important. In the history of the automotive industry, many projects and even automobile companies have had such dark history.

Zhou Yujie said: "This can only be chosen by the headhunter nationwide. It is useless to think about so many things for the time being. Let's choose slowly."
Chapter completed!