Chapter 838: It is still a year of rapid industrial development

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The most obvious beneficiary of the increase in domestic demand brought about by the increase in national income is Qinglong Technology Company, whose domestic sales of a large number of high-value products have been greatly improved.

In particular, their smart home business is developing very fast. This is not only the result of the increase in residents' income, but also the result of Wancheng Foundation's construction in the past few years.

If the per capita living area is small, it is difficult to buy a smart home from Qinglong Technology Company. The home will be crowded if you put something in it. This will cause many people to only buy a TV and refrigerator, and even have no place to install an air conditioner.

Therefore, in order to promote people's consumption, in addition to increasing income, people must also be provided with a better living environment in order to promote the development of associated industries.

This is also the reason why he asked Wancheng Jiye to build the house so big. The larger the per capita living area, the more things he would buy, otherwise the house would look empty.

Last year, Qinglong Technology's smart home business brought them a total of 6 trillion yuan in revenue, a 200% increase compared to the previous year. It can be described as a double harvest at home and abroad.

In the future, as the income of domestic residents continues to increase, this ratio will further increase, because the first thing domestic people do when they have money is to buy home appliances to improve their quality of life.

Although Qinglong Technology is not the only company that sells electrical appliances in the market, but if you have a little money, the products of Qinglong Technology are the first choice for everyone. After all, Qinglong Technology defines the smart home.

Home appliances on the market are now divided into two categories, one is ordinary home appliances, and the other is smart home. At present, the most famous smart home brand in the world is the brand of Qinglong Technology Company.

Although there are other businesses that have launched so-called smart homes, both the quality and the degree of intelligence are just for show, and they are not at the same level at all, even for international old brands.

Coupled with the fact that the Internet is becoming more and more popular, the smart home can play a bigger role. Let alone other things, at least after connecting to the Internet, it is still necessary to buy a smart TV.

Those who have no money will buy smaller smart TVs, and those who have money will buy larger smart TVs, with prices ranging from a few thousand yuan to more than 100,000 yuan.

There is still a long period of time for residents to switch from traditional home appliances to smart homes. During this period, Qinglong Technology's smart home business will be in a state of rapid growth.

As long as you buy a smart home, you will generally buy other smart home products gradually, so as to match the smart core and make the whole home life more intelligent.

Therefore, he is not surprised that the smart home business of Qinglong Technology Company can achieve such a high growth rate. Even if there will not be a high growth rate in the future, it will maintain a relatively high level of revenue.

Computer-related business also achieved rapid growth,

Including personal computers, tablet computers, servers, supercomputers, and related services, it achieved revenue of 7 trillion yuan last year.

Last year, the communication business also developed rapidly, and the construction of optical fiber network and mobile network was in a period of rapid growth. With the superposition, it is difficult to keep income high.

Its two communication companies achieved a total revenue of 6 trillion yuan last year. As a reward for dominating the global market, this performance is not surprising.

In the next few years, even if this business does not increase further, it is still no problem to maintain the current income. After the construction ** passes, it may decrease slightly, but as long as the Internet is still there, they will have no worries about food and drink.

Although the sensor business is not a consumer electronics business, as the world's top sensor supplier, this business has developed rapidly as intelligence becomes more and more popular, achieving a revenue of 300 billion yuan.

The basis of smart life is the sensor. After deducting the sensors for their own use, the number of sensors sold to the outside world is equally astonishing. Although the development is not as amazing as other businesses, the market potential is huge.

In particular, the automobile business of Huanyu Group has driven the application of advanced sensors in automobiles. The fastest growing field of export sensors is the automobile field.

Whether autonomous driving is advanced or not, although it has a lot to do with intelligent programs, it is also closely related to advanced sensors, which are important basic components for cars to obtain external information.

Now that the global communication satellite system has been built, it already has the foundation for building the Internet of Things, and the Internet of Things is actually composed of various sensors and other smart devices.

Therefore, he believes that in the future, Qinglong Technology's sensor business may grow to a scale of trillions of yuan. Not to mention the outside world, it is his industrial system that requires a large number of sensors.

Although the digital image and imaging business achieved growth last year, the growth was not large. It only increased from 1 trillion yuan to 1.2 trillion yuan, which pales in comparison with other businesses.

The most important thing is that in the future, except for the high-end field, this business will face a shrinking state. Ordinary people only need smart phones, and there is no need to buy special digital cameras and other products.

The changes of the times cannot be stopped. In addition to continuing to strengthen investment in high-end products in the future, Qinglong Technology Company can only gradually abandon the development of low-end products. This is an inevitable trend and can only follow the trend.

The robot business is still in a stage of rapid development. The year before last, only about 5 million units were sold. Last year, the sales volume increased by three times, reaching about 15 million units.

Although the most basic server robot has the highest sales volume, reaching over 10 million, robots with higher prices are increasingly recognized by the market.

Powerful enterprises will purchase high-end products to improve user experience, which are not only high-end, but also serve as labor force. The practicability is much higher than that of low-end service robots.

Companies like Taiji Group, which are not short of money, are basically equipped with service robots priced at 500,000 yuan in their pharmacies, allowing pharmacies to operate 24 hours a day.

The scope of application of service robots is also becoming wider and wider. At first, it started from the clothing brand stores under Kirin Textile Industry Group. Now even slightly larger restaurants have also used service robots.

Although the service robot can't do too much work, it is no problem to order food and answer questions for the customers who enter the store, which greatly saves the labor intensity of employees and greatly improves the customer service experience.

It can be said that as long as it is smart enough, even if the robot hardware does not look very good, there are still too many application scenarios. It can be said that this is a brand new market, enough for Qinglong Technology Company to eat for many years.

Last year, the robotics business also created huge revenue for Qinglong Technology Company, which exceeded 3 trillion yuan, reaching 38,000 yuan. The revenue achieved a growth rate of 380%, becoming one of their important industries.

Their drone business has also changed from miscellaneous to a business with a certain weight. Although the performance in the personal civilian market is quite satisfactory, the performance in the agricultural field is very good.

Last year, their agricultural drone products sold 2 million units worldwide, which was unexpected by Qinglong Technology Company, and the sales of agricultural drones at home and abroad are quite different.

The agricultural drones used in China are generally about 100,000 yuan. The reason is that the domestic fields are basically small-scale farming, and agricultural drones of that size are not used.

However, the UAVs used in foreign large farms are all large-scale agricultural UAVs, with prices ranging from 500,000 yuan to millions of yuan, with higher load capacity and higher intelligence.

Like their million-dollar agricultural drones, the load capacity is no worse than that of professional agricultural aircraft, and they are safer and more precise.

So the application in the agricultural field alone has brought 400 billion yuan in revenue to their drone business, which was absolutely unexpected before.

I used to think that it has a good application in the field of express terminal distribution, but because of the network, after the trial, the effect was not good, so I had to suspend the trial.

However, after the establishment of the global communication satellite system, the situation will change. This year, drones will shine in the field of express terminal delivery and will perform well.

The use of their drones in other fields is much worse in comparison. The combined revenue is only 80 billion yuan, and the entire drone business revenue is 480 billion yuan.

However, Ye Shu is very satisfied with this achievement. Aside from the unexpected agricultural field, the income of drones in other fields has reached 80 billion yuan, which is much faster than the previous life.

You must know that drones have only been developed for more than a year, and it is already remarkable to have this achievement, which shows that the application in other fields is more popular than he imagined.

Last year, the smart phone business and smart glasses business were added. Although they were only released in the third quarter, the revenue generated is not small enough to be listed separately.

The sales volume of smartphones has reached 100 million units, all their inventory has been sold out, the production capacity has been in a state of tension, and the market is very hot, bringing about 500 billion yuan in revenue to Qinglong Technology Company.

Although the sales volume of smart glasses is not as high as that of smartphones, it has reached 30 million units. The ex-factory price is relatively high, reaching an average of about 8,000 yuan, and the revenue has reached 240 billion yuan.

Including other miscellaneous income of 200 billion yuan, last year Qinglong Technology Co., Ltd. achieved a total revenue of 25.72 trillion yuan, a double increase from the previous year, with a growth rate of 112%.

The net profit margin did not fall but increased, reaching 28%, an increase of 3%, and the net profit was 7.2 trillion yuan, mainly because the profit margin of new businesses such as robots was very high, which improved the overall net profit margin.

After reading the annual report of Qinglong Technology Company, he felt that this number was a bit magical. He didn't expect the growth rate to be so high last year. He didn't expect it.

Unexpectedly, the double growth has been achieved. In addition to the new business, the growth of other businesses has also contributed to the growth. It can be seen that the subordinate industries have begun to deviate from his expectations, and even he dare not predict casually.

The last is the distribution of benefits. Ye Zishu took 6 trillion yuan from it, and the remaining 1.2 trillion yuan was reserved for Qinglong Technology Company's own use for research and development and capital reserves.

The performance of Qinglong Technology Company has exploded, and Xuanwu Technology Company is naturally not bad. After all, all the production tasks of Qinglong Technology Company have been entrusted to them, and it is very difficult for them to perform poorly.

Qinglong Technology Company's business is booming. As the supporting company of Qinglong Technology Company, Xuanwu Technology Company's performance will naturally not be too bad, and the profit is not low.

Although the two companies have different profit ratios for different products, Xuanwu Technology's overall profit is still acceptable, accounting for 55%.

The reason is simple. Xuanwu Technology Company needs to pay for material costs and production staff costs. The burden is relatively heavy, and it is normal that the proportion is relatively large.

The costs that Qinglong Technology Company needs to spend are research and development expenses and promotion expenses, neither of which account for a large proportion to Qinglong Technology Company.

After all, most of the technical foundations are provided by Yeshu. They only improve and innovate on the original basis. The difficulty is not particularly high, and the research and development costs are actually not very high.

Although the total amount of publicity expenses has increased a lot, the proportion has shown a downward trend. The reason is that Qinglong Technology Company is now well-known, which saves them a lot of publicity costs.

In fact, most of the money spent on publicity went into the pockets of Phoenix Technology, so it didn't really matter how much was spent on this aspect.

As the world's top high-tech enterprise and one of the fronts in the domestic high-tech field, Qinglong Technology Company has obtained a good tax incentive policy.

This is also the reason why Qinglong Technology Company can obtain 28% of the net profit. Previously, Ye Zishu had set 10% of the research and development expenses, but in fact it could not be spent at all.

One is that there are not so many research projects. Although Qinglong Technology Company also focuses on the research of future projects, the establishment of research projects must have enough project ideas and research directions.

Moreover, the investment also needs to be based on actual needs, and it is impossible to spend money for the sake of spending money. Therefore, although their R\u0026D expenses have risen, the proportion is showing a downward trend.

At present, their R\u0026D expenses account for only about 2% of their total revenue, and the total R\u0026D expenses are about 500 billion yuan. If it is based on the absolute total, it is actually very huge.

The second is that there are not so many scientific researchers. Although colleges and universities are expanding their enrollment, the expansion rate is still relatively limited, and it will take time to cultivate them.

Scientific research personnel, especially high-end scientific research personnel, are still in a serious shortage. No matter how much money is invested, there are not enough scientific research personnel to help spend it.

However, Ye Zishu thinks that Qinglong Technology Company accounted for 45%, which is actually a bit high. After all, their burden is much lighter, while that of Xuanwu Technology Company is much heavier.

However, the advantage of Xuanwu Technology Company is the development of the entire industrial chain. Except that the basic raw materials cannot be manufactured by itself, most of them are in its own industrial chain.

Coupled with the advanced management model, its profit margin is still very considerable. It is because of this that Xuanwu Technology Company agreed to such a distribution plan.

However, with the increase in labor costs, Xuanwu Technology will be under more and more pressure. After all, there are so many employees under its umbrella, and every time the salary is raised, the total amount is still very large.

Last year, Xuanwu Technology and Qinglong Technology's related business income was about 14.15 trillion yuan, which was the largest source of income for Xuanwu Technology.

The rest of the business is either for internal supply, or for consumer goods sold by itself, and products for enterprise business, and the total number is not small.

For example, their various industrial production equipment brought them 6 trillion yuan in revenue last year, with a growth rate of up to 50%, and the development is still relatively strong.

The revenue from instrumentation-related businesses is 800 billion yuan, achieving a 100% growth rate. There are two reasons for this. The first is domestic industrial upgrading, which has a huge demand for instruments.

The second is to start international development. In the past, they mainly supplied domestic and self-use products, but now they are also trying to export and achieved good results.

The display industry has been developing strongly all the way. All of his display-related industries are handed over to Xuanwu Technology Company, such as the latest automotive glass display technology of Huanyu Group and the lenses of smart glasses of Qinglong Technology Company.

Although these technology companies also have patent rights, Xuanwu Technology Company also has the right to use these patents. The purpose is to facilitate the industrial development of Xuanwu Technology Company, and at the same time to increase the bargaining chip for Xuanwu Technology's interest negotiations.

Coupled with the rapid growth of robots, smart phones, and display equipment required by traditional businesses, the display industry, which originally had only 1 trillion yuan in revenue, created 3 trillion yuan in revenue last year.

It may not be intuitive. If Xuanwu Technology is the main supplier of all display products in the world, with a market share of over 95%, it is not so surprising to this result.

With the same quality, Xuanwu Technology can achieve a lower price, not to mention that Xuanwu Technology has achieved global leadership in the field of display technology and has a large number of high-margin products.

However, most of them are still supplied to brother companies, such as electronic equipment of Qinglong Technology Company, medical equipment of Taiji Group, and industrial needs of Kirin Industry Group.

The real supply outside the industry is actually not particularly high. There are many reasons. The first is that the supply must be given priority to the use in the industry system. In the case of limited production capacity, it is difficult to obtain high-end products outside.

The second is that the competitiveness of external products is much weaker than that of products in the system, and most of them win the market with low prices. Xuanwu Technology supplies low-end products, and the profits it obtains are not very high.

Therefore, this business, in addition to the demand of Qinglong Technology Company, other market demand is about 500 billion yuan, and the proportion is not high.

The data storage business is also in a similar situation. It is mainly supplied to Qinglong Technology Company, which accounts for the vast majority. The revenue of data storage products sold externally is only 1 trillion yuan.

In addition to supplying Qinglong Technology Co., Ltd., semiconductor manufacturing business, its own and other companies' manufacturing business revenue is only 600 billion yuan, and the proportion is also not very large.

Others such as materials, electronic components, parts processing, its own consumer-end industrial products, OEM business, etc., contributed a total of 3 trillion yuan in revenue to Xuanwu Technology last year.

Therefore, the total revenue of Xuanwu Technology Co., Ltd. was 26 trillion yuan last year, an increase of 9 trillion yuan over the previous year, with a growth rate of 53%. For industrial enterprises, this growth rate is already very high.

Due to the high proportion of high-end manufacturing, the overall net profit margin remained the same as the previous year, with a net profit margin of 30% and a net profit of 7.8 trillion yuan.

After reading the annual report of Xuanwu Technology Company, Ye Zishu thought about it, and only planned to let them turn over 4 trillion yuan in profits, and keep the rest for their own use.

The reason for leaving them so much money is mainly because they are now working with Suzaku Software to carry out research work on fully automatic unmanned industrial equipment technology.

Although it seems a bit advanced at present, it is necessary to do research in this area in advance. If it is assisted by general-purpose robots, the realization of unmanned industrialization will be just around the corner.

As for when to use it, even he doesn't know. With an imperfect system, it's okay to play on a small scale, but it's unrealistic to do it on a large scale.

You must know that Xuanwu Technology has tens of millions of employees. If so many people are unemployed at once without proper arrangements, it will be a ticking time bomb.

But this does not prevent Xuanwu Technology Company from making a good technical reserve. Once needed, it can produce advanced unmanned chemical industry technology in all fields, otherwise it may be controlled by others.

Therefore, in terms of technology and experimental scenarios, Xuanwu Technology needs to invest a lot of money, and needs to reserve more funds for them.