[Mengma Group] is also a subsidiary group of [Chaoqun Group] established in recent years but developing very rapidly.
The core business of [Mengma Group] is [AI Painting].
At the beginning, [Chaoqun Group] used [AI Painting] as its trump card, and used an almost coercive business approach to become the emperor of the online novel industry.
[AI Painting] not only converts a large number of online novels into animation videos, which greatly enriches people's spiritual entertainment life, but also directly creates millions of jobs.
At the same time, [AI Painting] is also extremely good in special effects production, no worse than the world's top special effects studios.
The most important thing is that [AI Painting] is of high quality and low price.
In fact, [AI painting] is a combination of artificial intelligence and human imagination.
Humans imagine pictures, and [AI Drawing] converts them into visible pictures or videos.
With the support of [AI Huahua], domestic industrial films have also developed like a great leap forward.
[Mengma Group] not only accepts domestic special effects business work, but also accepts foreign work, making a lot of money.
Since its establishment, [Mengma Group] has created more than 40 billion yuan in profits for [Chaoqun Group].
In addition to these groups, Wu Siyuan actually established a company mainly engaged in financial and insurance business called [Jubao Group].
On the surface, there is not much relationship between the two.
At most it's just business dealings.
[Jubao Group] once received a sum of funds from [Chaoqun Group].
Its investment team has a very high vision and made hundreds of billions of dollars during this global stock market crash.
That’s the previous $410 billion.
And this money has now returned to the account of [Chaoqun Group].
But these subsidiary groups are not as important and valued as another recently established company called Chaoqun Group!
This company is [Yuanyuan Company]!
[Yuanyuan Company] actually does not create profits, it is here to burn money.
This company absorbed the strategic analysis department of the original [Chaoqun Group], gathered the top scientific and technological talents of [Chaoqun Group], and explored the most cutting-edge technology. At the same time, this company also provided services for [Chaoqun Group] headquarters and major subsidiaries.
The company group provides underlying technical support, such as [artificial intelligence], [holographic projection equipment], and [nano medical particles], these all belong to this company.
[Chaoqun Group] has no upper limit on the cash burn target for this company.
In fact, this [Vision Company] is equivalent to [Google]’s X Lab.
X Lab is the most mysterious lab under Google. It has a bold challenge called "100 Bold Plans".
Space elevator? Balloon internet? Refined fuel from sea water? Smart glasses?…
These seemingly whimsical ideas are all creative ideas that Google X Lab has had.
Since its founding in 2010, Google
At present, Google
But regardless of success or failure, they all represent the future.
Both [Chaoqun Group] and Wu Siyuan are willing to pay for this kind of future.
It can't be that he has been developing and applying black technologies in other worlds.
Real-world scientists also need soil for growth.
So Wu Siyuan set up such a company.
Although there aren’t many breakthrough technological outputs at the moment, it doesn’t look bad!
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[Chaoqun Group] A business group established after reorganization.
Which business group is not sought after by first- and second-tier cities?
Not to mention the employment and urban impact brought by so many key groups, not to mention industrial development, the GDP and tax revenue brought to Yangcheng alone are something that other cities, including Pengcheng, would envy and drool over.
Before [Chaoqun Group] fully emerged, Yangcheng's GDP was once left behind by Pengcheng.
But now, Yangcheng’s GDP is one position ahead of Pengcheng.
Even many economists believe that as [Chaoqun Group] continues to develop and expand, it is only a matter of time before it surpasses Lucheng and becomes the domestic economic center.
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With such a giant company like [Chaoqun Group], Yangcheng's senior officials actually have a weak foundation.
Wu Siyuan had to admire him, but thought to himself, you guys are so thick-skinned!
However, Yangcheng's senior official did not make the target without aim. He actually had some basis for it.
Before [Chaoqun Group] relied on the Internet business to explode and had such great influence.
Yangcheng is in a slow decline, and many people are vaguely visible, but it is extremely difficult to change.
Because the decline is very slow, many people do not feel that Yangcheng is in decline.
Anyway, many people's wages are average.
The rent of the handshake building in the urban village where sewage flows is always in a similar range. The rice rolls have the authentic Cantonese taste. Grandma’s beef offal Longjiang pig’s feet can be seen everywhere. There are always a few shops with lights on in the urban village late at night.
Here, fried noodles, fried snails and beer can numb your wandering heart.
But in the past decade or so, with the development of science and technology, many domestic industries have completed huge transformations, and the business models of many industries have also undergone major changes.
Yangcheng used to be a traditional trading city. It used to be a distribution center for many products, so there are many wholesale cities here, such as clothing wholesale city, hardware wholesale city, toy wholesale city, etc.
At that time, no matter where you did business, you had to come to Yangcheng to purchase goods.
But with the development of the e-commerce industry and the Internet, many products originally had to be produced around Yangcheng and wholesale sold in Yangcheng. But now, the factories for these products do not have to be built in Yangcheng or around Yangcheng. They can be moved to other places.
Go somewhere farther and cheaper.
Anyway, if it’s free shipping, will it be shipped differently across the country?
In the past, Yangcheng held the Canton Fair, and there was a lot of traffic during the CIIE!
But now, the flow of people has reduced a lot.
Even few foreign businessmen come!
Because it’s no longer needed!
The wholesale industry is just a microcosm of Yangcheng's aging.
There are actually many industries like this.
Before [Chaoqun Group] broke out, Yangcheng was lagging behind in the new waves of the Internet and digitalization.
Even if [Chaoqun Group] rises, the main departments of [Chaoqun Group] are concentrated in the high-tech development zone.
[Chaoqun Group] has single-handedly made the GDP of the high-tech development zone the highest among all districts in Yangcheng. At the same time, it has also brought out many new industrial groups.
But this kind of development is actually relatively abnormal.
Although there have been some changes in other old districts, the changes are not so obvious.