Reborn Entrepreneurial Giant

Qu Li appeared publicly in the Magic City and announced the principles of the Star Fund: to improve the quality of human life and expand the human living space. The long-term goal is to build the world's largest social enterprise matrix and use commercial means to solve social problems.

Qu Li also introduced the organizational structure system of Fanxing Fund in detail. Qu Li’s family has the sole power of veto, but the management comes from all over the world. The fund is registered in Xiangjiang and its headquarters is in Shanghai. Its subsidiaries include Fanxing Research Institute, which has established three companies: Galaxy Power, Oasis Ecology and Oasis Bio, an environmental fund called Ant Forest, and a private equity investment fund called Vision Fund.

Then there is the show of achievements, including the transformation of saline-alkali land represented by sea rice and "fresh"; ecological protection represented by ant forest and photovoltaic cattle and sheep farming; space exploration represented by Galaxy Power, oasis biology is life, health and vaccines.

In fact, there is another large AI model, but because of chip problems, Qu Li did not publicize it. Nvidia's stock price soared in the second half of this year due to the increased demand for pit digging, and its market value exceeded the US$600 billion of Time Jumei.

Many shareholders of Yinghe Telecom regret it. If they had not objected at the beginning, they would have won now. It has increased more than 30 times in less than ten years. Of course, there are still very few shareholders who remember what happened ten years ago, but Fanxing Vision Investment In just 5 years, AMD's stock price has increased 40 times, and its market value exceeds US$100 billion.

The name of Qu Li, the God of Wealth, is therefore widely known in the Chinese world. Some people are convinced that his God of Wealth stickers are actually being sold online, which gives Qu Li a headache.

In any case, Fanxing Fund's settlement in Modu is a big event. Many media have reported on it. In particular, Oasis Biotech's mRNA vaccine is as effective as Pfizer and Moderna. Some groups have already been vaccinated. Including Qu Li also received this vaccine.

Without Oasis Biotech’s mRNA vaccine, there would have been a lot of anti-intellectual remarks in China, demonizing the Pfizer vaccine. Now, except for the inactivated vaccine companies, there is no need for other groups to spread rumors.

Qu Li's Oasis Biotech not only developed vaccines, but also solved the problems of the entire vaccine production industry chain, including technology patents and key raw materials. There is no need to elaborate on the latter, as no one at home or abroad will help him brag.

In order to obtain more vaccine orders, we finally cooperated with Sinopharm. Oasis Biotech is responsible for production and manufacturing, and cooperates in building a cold chain distribution and sales network. Thanks to the help of domestic and foreign partners, Oasis Biotech’s Phase III clinical trials were carried out smoothly and achieved remarkable results.

The only thing preventing the rapid promotion of this vaccine may be the cost and selling price. The Pfizer vaccine is sold for about 1,000 yuan abroad. Later, with the large-scale procurement by governments of various countries, this was reduced to about 20 US dollars per dose. The Sinovac vaccine currently costs 200 yuan per dose, and the Oasis vaccine currently costs 300 yuan per dose. In the future, it may cost US$15 abroad and US$10 domestically. The subsequent price of the Sinovac vaccine will be around US$7.

With such a high price, there will definitely be differences in the purchase volume in various places. Oasis Biotech has never had products on the market before, and has not established its own sales department. Moreover, the mRNA vaccine is a new thing after all, and the risk is very high. Pfizer's vaccine does not have it. was approved, so partners were required to contribute.

The progress of clinical trials of Oasis vaccine is much faster than that of Fubitai, but the pressure to build a factory is also very high. It is very difficult to produce key raw materials in-house. Quli has cashed out more than 10 billion yuan and more than 10 billion soft sister coins, more than half of which Invest in Oasis Biotech to build a factory.

Sinopharm has also made changes. Wuhan Biotech, a subsidiary of their group, jointly developed the Oasis vaccine and shared part of the profits. Based on Sinovac’s estimate of US$19.3 billion in revenue and US$14.4 billion in net profit in 2022, Oasis Vaccine should have no problem with US$20 billion in revenue and US$15 billion in net profit next year.

Fanxing Fund has settled in Shanghai, and Oasis Vaccine Factory has settled in Jiangsu Province. Procurement in the three major bay areas in China is basically no problem. At least there is an opportunity for fair competition, which everyone knows is already rare.

As for the Chengdu-Chongqing economic circle, the problem is not big. The factories of Saab's three Saab brands will be built separately. There will always be factories that need to be located in Chongqing.

Although he resigned from three Fortune Global 500 companies, Qu Li has not relaxed at all. The impact of the plague has been too great. Juhuasuan convenience stores and grocery shopping businesses have expanded against the trend. Oasis Ecosystem's supply of rough-processed agricultural products and prepared dishes has not been large. Large, supply capacity is worrying at critical moments.

Jumei Logistics is pretty good. It has special privileges during the plague. Most of the time, it can travel smoothly across the country. It is a pity that the Scorpion drones were requisitioned, which is a big killer to ensure supply.

The affairs of Fanxing Fund have come to an end, and Qu Li stayed in Magic City to deal with various matters. They have a lot of money in their accounts, not only the billions of dollars that Qu Li cashed out, but also the money they earned from long gold, starting from 1,200 US dollars. From the beginning until this year when the price exceeded 2,000 US dollars, everything was sold. It is hard to say how much profit was made. It may not be an exaggeration at all to double the price of gold every 100 US dollars.

Part of the funds cashed out has entered the crude oil market. The current international oil price is about 40 US dollars a barrel, which has increased by about 20 US dollars since they entered the market. With the successful development of the vaccine, the global unblocking is inevitable, and with the production reduction, we need to buy more crude oil. .

Living in a magical city with developed finance, these are all trivial matters. Qu Li wants to deal with the trouble caused by the move of Fanxing Fund. Unlike in the United States, family settlement is linked to children's education. It is quite troublesome for senior executives to move to another home.

But Qu Li is not used to it. In the future, he will go abroad to make "contributions." They are destined to fly around the world. They cannot overcome this small difficulty, so there is no need to stay. But the trouble was caused by him after all. If the previous planning had been better, there would be no trouble today.

Fanxing Research Institute is slightly better. The artificial intelligence center was originally planned to be in Magic City, but now it just changed to a better headquarters. The current headquarters is rented, and Qu Li plans to buy a piece of land to build his own headquarters. There are several options. Build a high-rise building on the Dongjiadu site on the Bund, or build a garden-style headquarters away from the city in a place with a good environment.

Of course Qu Li wanted to save money, but they were facing the world, and they needed to show their strength when traveling to receive friends from all over the world, so he wanted Fanxing Fund to build its headquarters in a prosperous area, while Fanxing Research Institute could be built in a remote area.

The Magic City promised a lot of good conditions, but it was not entirely business-like.

Not only Fanxing Fund, but also Modu is also contributing to the aerospace industry, including satellite Internet, space science, Beidou, etc. Although Galaxy Power failed three consecutive launches, as long as Qu Li is there, they will not lose confidence.

Quli is also exploring commercial rocket launch sites and building a maritime launch platform. It is impossible for all 5,000 "Nebula" satellites to be launched in Hainan. Ningbo has prepared to build the Xiangshan International Commercial Rocket Launch Base and signed a strategic cooperation agreement with Galaxy Power, but it is still unknown whether it will be approved in the end. Magic City Under direct jurisdiction, the probability of success is higher.