domineering CEO Zhao Zilong

Chapter 75 Technology Leads the Future

After weathering numerous crises and successfully turning the tide, Zhao Zilong's company entered a period of relatively stable development. However, Zhao Zilong and Lin Xiao were not content with the status quo. They knew that in this rapidly developing era, only by continuously innovating and keeping up with technological trends could the company maintain its leading position.

One day, while browsing industry news, Zhao Zilong was drawn to a report about emerging technologies. The report mentioned a cutting-edge technology that was poised to change the entire industry landscape; it was currently in the experimental stage but had enormous potential.

Zhao Zilong immediately convened the company's core team, including Lin Xiao and heads of various departments, to discuss how to integrate this technology into the company's business.

"If this technology can be successfully applied, we will achieve leapfrog development. But at the same time, it also means huge investment and risks," Zhao Zilong said with a serious expression.

After a moment's thought, Lin Xiao replied, "Zilong, I think this is a rare opportunity. Although there are risks, if we succeed, we will gain an absolute advantage in the market."

The head of the R&D department expressed his concerns: "Mr. Zhao, this technology is not yet mature, and we may encounter many unforeseen difficulties during the R&D process."

The head of the marketing department also said, "Moreover, the level of consumer acceptance of new technologies is also an unknown, and we need to carefully consider our marketing strategies."

The discussion was intense, with everyone expressing their opinions. Ultimately, Zhao Zilong made the final decision: "We cannot give up trying just because we are afraid of difficulties and risks. We will establish a dedicated research and development team to tackle this technology with all our might."

Therefore, the company invested a significant amount of money and manpower in arduous research and development. The R&D team worked day and night in the laboratory, constantly conducting experiments and improvements.

However, progress was not smooth. One technical problem after another arose, and the experimental results were consistently unsatisfactory. The team members faced increasing pressure, and morale began to decline.

Zhao Zilong personally visited the laboratory to encourage everyone: "Comrades, we are doing something great. It's normal to encounter difficulties. As long as we don't give up, we will definitely succeed."

Lin Xiao also actively coordinated resources from various departments to provide comprehensive support for the research and development work.

After months of hard work, a breakthrough has finally been achieved. The R&D team has successfully solved a key technical problem, and the experiment has yielded preliminary results.

But just as everyone was preparing to celebrate, a new problem arose. Competitors seemed to have noticed their moves and began to increase their investment in the technology, attempting to poach the company's core R&D personnel.

"Zilong, we must find a way to retain talent and not let our competitors succeed," Lin Xiao said anxiously.

Zhao Zilong immediately formulated a series of incentive measures to improve the treatment and benefits of R&D personnel, while strengthening the company's confidentiality measures.

While dealing with competitors, the company also faces the challenges of technology transfer and mass production. The production line requires large-scale modification and upgrading, which is costly.

The head of the finance department reported to Zhao Zilong: "Mr. Zhao, if we are to upgrade the production line, the company's funds may become very tight."

After a moment of contemplation, Zhao Zilong said, "We must do everything we can to raise funds, even if it means taking out a loan. We must seize this opportunity."

At this critical juncture, some of the company's partners have also expressed hesitation, worrying that the uncertainty of new technologies will affect the profitability of collaborative projects.

Zhao Zilong and Lin Xiao personally communicated with their partners, demonstrating the technology's potential and the company's determination, ultimately winning their continued support.

After arduous and persistent efforts, the company finally succeeded in applying the new technology to its products and achieved mass production. The new product caused a sensation in the market upon its launch. Its superior performance and innovative features quickly attracted the attention and purchases of a large number of consumers.

The company's performance once again achieved explosive growth, and its market share increased significantly. Zhao Zilong and Lin Xiao stood in the company's showroom, looking at the latest products, filled with pride and a sense of accomplishment.

"This is just the beginning. We must continue to lead the technological trend and create even more brilliance," Zhao Zilong said with a firm gaze.

Lin Xiao smiled and nodded: "Yes, there are endless possibilities waiting for us in the future."

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