Becoming Rich with Daily Scavenging APP-Chapter 476: Low-Altitude Economy

The chip industry is also a future-oriented industry, and once successful, it definitely becomes a formidable achievement.

This is why Chen Yiyang had previously made efforts to research it.

Chen Yiyang was quite knowledgeable about the situation of LingChip.

There are many chip companies in the country, but LingChip is rather interesting.

In terms of hard power, LingChip is not at the top, but it has an advantage—knowing a bit about everything, though not excelling in any one area.

More importantly, all its technology can be handled domestically, without fear of supply cuts and sanctions.

However, relying solely on the local market, LingChip indeed struggles to survive.

"Are you suggesting Russia’s market?" Chen Yiyang looked at Yang Chengru.

The strengths and weaknesses of LingChip are quite obvious.

The advantage is in free-market competition; it’s no match for others but there are less free markets, like Russia, which is currently struggling to acquire chips due to various reasons.

"That’s why I’m here to see you," Yang Chengru said. "After all, Russia can’t produce chips on its own and can’t buy them from outside. Why not let LingChip supply them?

The government stepping in would complicate matters.

Chen Yiyang should use his personal connections to feel out their stance.

"Alright, what else can we do?" Chen Yiyang helplessly nodded.

The matter was brought to him, so he had to assist.

"I’ll find time in the next few days to make a trip to Russia and inquire about it."

"Okay." Seeing Chen Yiyang agree, Yang Chengru stood up and said, "I have work to handle today, so I’ll be going first." 𝒇𝓻𝓮𝓮𝙬𝙚𝒃𝒏𝓸𝙫𝒆𝙡.𝓬𝓸𝒎

"You really came just to give me a mission, huh?" Chen Yiyang glanced at Yang Chengru.

"How about this: next Saturday, come to my place, and I’ll personally cook a meal for you."

"Alright." Chen Yiyang thought about Yang Chengru’s background and abilities.

In the future, he might become a prominent official.

Having such a person cook a meal himself would be something to record in a video for memory, and brag about later.

After seeing off Yang Chengru.

Chen Yiyang pondered that discussing this matter over the phone with Gena would be difficult, so he had to go in person.

Therefore, he asked his assistant to help book a flight to Russia for the following week.

Before that, he needed to invest in the company mentioned in the investment intelligence report.

The assistant quickly compiled the data and sent it over to Chen Yiyang.

As Chen Yiyang went through it, he found there wasn’t much information about the company; instead, the focus was on the low air economy.

The low air economy has been a major focus for the country in recent years.

The so-called low air economy currently revolves around industrial drones, passenger drones, and logistics drones.

The transport drones Chen Yiyang previously worked on are also considered part of the low air economy.

The most successful development in the low air economy is probably agricultural drones, including those for spraying pesticides and transporting agricultural products.

However, the company Chen Yiyang was eyeing did something different in the low air economy.

They didn’t work on drones but on screens, flying screens.

The so-called flying screen is a screen like a curtain that can be displayed while hanging in the air.

In effect, it’s somewhat like the void projection technology seen in previous sci-fi videos and novels.

Of course, this isn’t projection but requires a screen as a carrier.

Due to the high transparency of the screen, it appears as though it’s directly projected in the air.

Chen Yiyang had his assistant contact the other party.

Hearing that Chen Yiyang intended to invest, the other side promptly sent over the company’s current financial status and product portfolio.

Before heading to Russia, Chen Yiyang took some time to look through the details.

They explained that their company originally dealt with liquid crystal thin films.

With the rise of the low air economy, this company noticed a focus on drones from everyone else.

So they continued their main business, screens.

This company drew inspiration from the microscopic structure of butterflies, developing bionic transparent films.

This screen boasts 95% ultra-high transparency and 150,000 to 300,000 pixels resolution.

Additionally, this screen, when hung outside, doesn’t risk easy damage due to its waterproof, UV-proof, infrared-proof, corrosion-proof, and salt mist-resistant characteristics.

As long as no human-induced damage occurs, it functions normally during playback.

The information sent included videos and photos of prior practical use of their flying screen, which Chen Yiyang reviewed and found surprisingly effective.

Images of the flying screen.

Certainly, the playback effect of such flying screens can’t compare to regular screens.

However, its advantage lies in deployment anytime, anywhere.

If businesses want live displays, celebrities want concerts, important matches need promotions.

Purchasing a huge screen for installation costs a lot and is inconvenient.

Installation and dismantling are cumbersome, and accidents involving falling screens would be disastrous.

Such issues aren’t a concern with flying screens.

They cost much less than traditional screens, and use only requires a drone to hang them.

Even if it falls, a flying screen weighs about as much as a phone; its large area means it won’t injure anyone upon falling.

From the current stage, the future market for flying screens might not be very large, but there are many application scenarios, with a significant number of potential users and buyers.

Many potential users are quite affluent, which means reasonable profit margins for the product.

"Do they have any requirements for our investment?"

Having read through the materials, Chen Yiyang understood that the other party was essentially seeking partnership through outward investment.

They have the product but need funds to scale the product abroad.

They need a big investor to provide financial support and help strategically as they expand into foreign markets.

"They require cash investment and are willing to offer a board seat. The only stipulation is that the major shareholder must use their network and influence to help when the company faces challenges."

"Sure, no problem." Chen Yiyang nodded and said, "Respond to them that I’ll invest in their company. The factory is in Peng City, right? I’m busy, so I won’t go in person. Let the company owner add my contact details, and contact me directly if needed."

"Okay, sir." The assistant nodded and left.

Despite being identified through the investment intelligence, the other company wasn’t large. Considering his imminent trip to Russia, Chen Yiyang was reluctant to make an extra trip himself.