Xueba is also open

Chapter 485

Wei Shuqing looked at the stunned look of all the academicians, and was also dumbfounded.

"Academician Gao, can you introduce this product to me? Isn't cobalt-chromium alloy unusable?"

Gao Yueyang slapped his thigh and said excitedly: "Oh, Director Wei, let me explain to you that in terms of physical properties, this cobalt-chromium alloy is still the most suitable material for prosthetic joints in the current era, but the main reason is that it is easy to use. Free substances are produced in human tissues, which lead to a series of complications and sequelae."

"The reason why Bai Ye is brilliant is that he is clever here. He uses a special technology on the surface of the cobalt-chromium alloy, and covers it with a new type of PLA material, which cuts off the chance of the cobalt-chromium alloy coming into direct contact with the body."

"However, this PLA material is very stable, and even if it is degraded in the human body, it will not produce harmful substances. This substance is a new substance developed by Bai Ye. The combination of the two has become what we are today. See this substance!"

"Cobalt-chromium alloy material combined with new PLA material!"

Speaking of this, Gao Yueyang seemed to have thought of the blueprint for the future, and said excitedly: "Once this thing goes on the market, we won't have to look at the gringo's face anymore!"

"Compared to the things Bai Ye has researched, that kind of bone material is far inferior! The two are not of the same weight. Director, Bai Ye has made a great contribution this time!"

Although Wei Shuqing couldn't hear the things in front very clearly, she could hear the things in the back very clearly!
The new things developed by Bai Ye are much better than those developed by foreign SPOM companies!

After hearing the news, Wei Shuqing trembled slightly, and asked, "Really?"

Cheng Ran nodded: "Yes! The real director!"

It wasn't just Gao Yueyang who was excited and excited, even Cheng Ran, who had always been extremely calm, felt a sense of pride and excitement.

This kind of pride comes from Bai Ye, and this kind of excitement is for the country!

There are talented people from generation to generation, and Bai Ye is the one who leads the way in this era!
Cheng Ran had a premonition that Bai Ye would become the most shining star in this era.

Not only Cheng Ran, but everyone at the scene started talking one after another.

They were making suggestions for Wei Shuqing. This time SPOM's inhumanity made everyone angry, but there was nothing they could do.

The saying that if you fall behind, you will be beaten has never been out of date.

It's just a different form. How long has it been since the chip matter?
The ensuing series of technological and technological competitions has made everyone see where the future battlefield is.

This time the human prosthetic joint is a battlefield!
The first assault by SPOM has almost overwhelmed us, but now, Bai Ye has provided the Chinese people with a more advanced technological weapon.

Wei Shuqing looked at Bai Ye and asked, "How soon can production start? How big is the scale?"

Bai Ye smiled: "Within one month, the scale can be developed to the production of [-] prosthetic joints per day! It can be launched at any time, and can enter production at any time!"

Wei Shuqing patted the table: "OK!"

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Bai Ye left the research institute and hurried home. At this time, Bai Donglin's family had already returned to the country. Hu Caiyun cooked a table of meals, and his sister Bai Ling was surprisingly not making a fuss, but was busy in the study.

Seeing Bai Ye come back, Bai Donglin smiled and said, "How is it? How did you say it?"

Bai Ye gave Bai Donglin a thumbs up: "Dad, you are awesome. I told you exactly what you said. It means to ask you to wait first, first to market the products you have developed, and then let your Donglin Group go public!"

Bai Donglin smiled: "Once it goes public, I estimate that the market value of Donglin Group may soar, reaching at least 300 billion U.S. dollars. This is a short-term data. It won't take long. Our family will be worth tens of billions. You are a rich man. You may have a chance to hit the top ten of Hurun China."

When Bai Ye and Bai Donglin acquired the company long ago, they integrated the technology and combined the new PLA material with cobalt-chromium alloy.

So far, Bai Donglin has acquired more than a dozen original pharmaceutical groups and cobalt-chromium alloy manufacturers. The peak market value of these manufacturers has reached 50 billion US dollars. After shrinking, Bai Donglin completed the acquisition with more than one billion.

This included Bai Ye's [-] million US dollars and the [-] million US dollars he got from selling his company shares.

There is also a big reason for choosing to go public, and the main reason is because of insufficient funds!
The research and development of new products requires a lot of funds. After Bai Donglin completed the acquisition, he no longer has the ability to run all the companies. However, if all these groups start to operate and produce, the money needed is definitely not one billion or two billion US dollars. did it!
That would require filing with a U.S. stock exchange and then raising capital through an IPO deal.

There is a difference between listing in the United States and listing in Hong Kong. What you need to do when listing in Hong Kong is the same shares and the same rights, that is, how many shares you have and how much voice you have.

In the US listing, there is a saying that the same shares have different rights. Of course, these need to be negotiated by shareholders.

But now all Bai Donglin needs to do is submit an application to the US Securities and Exchange Commission.

This time I returned to China, on the one hand, to meet Bai Ye. It has been nearly two years, and the whole family has not been reunited properly.

On the one hand, it is for a negotiation, because this material is likely to involve diplomatic matters.

There are many factors involved.

Bai Ye continued, "Dad, I want to have a personal chat with you about going public."

Bai Donglin nodded: "Well, fine, you can arrange the time."

That night, a message was broadcast on the news:
"Bai Ye Research Institute has made significant progress in the research of human prosthetic joints. The new product has been successfully developed and passed clinical testing. It is safe and has no toxic side effects on the human body. The safety cycle has reached 10 years. The above... Compared with the bone-like material produced by SPOM, it has obvious advantages in terms of strength and impact resistance."

(End of this chapter)