Rebirth 2003: Dominate the Tech World

October 25, 2003, Yanjing Science and Technology Building, second floor, Xingyao Company Conference Room.

At 9:30 in the morning, when Ye Yunzhou entered the conference room, it was already full of people.

Ye Yunzhou walked to the main seat and sat down. On his left was Chief Financial Officer Zhang Yong, the second was Chief Operating Officer Lin Yu, and the third was Chief Human Resources Officer Xu Jia; followed by Financial Manager Zhang Qian, Accounting Supervisor Wang Xiaomin, Risk Manager Li Zhengjun, Operation Manager Xu Feng, Human Resources Director Wu Hao, Training and Development Manager Lin Yue, Performance Management Manager Zhou Ying, Recruitment and Selection Manager Zheng Yao.

On the right was Chief Technology Officer Zhang Tianming, the second was Chief Marketing Officer Xu Yi, followed by Senior Technical Experts Wang Qiang, Sun Li, Senior Engineers Zhou Jia and Zhao Gang, and then Marketing Directors Ye Yao, Zheng Ze, Cheng Hao, and Su Jin.

Assistant to the President Su Yao sat next to Ye Yunzhou and prepared to take minutes of the meeting.

After Ye Yunzhou sat down, he said, “First of all, on behalf of Xingyao Company, I welcome everyone to join us.”

As soon as Ye Yunzhou finished speaking, everyone began to applaud: “Pa pa pa pa~~”

After everyone finished applauding, Ye Yunzhou continued, “Well, everyone is young, and our company is a newly established company, but everyone may know me more or less. I have always emphasized maintaining an entrepreneurial mentality, pursuing perfection, and being open and humble. I hope everyone will be consistent with my values. Only in this way can we create a great career.”

After Ye Yunzhou finished speaking, everyone nodded.

“Well, today is the first meeting after the establishment of our Xingyao Company. The first thing is about the company’s articles of association and company regulations. I have drafted the company’s articles of association and company regulations. Now I will distribute them to you. After you get them, you must read them carefully, and then each person will write a draft opinion and submit it. We will revise it as appropriate based on everyone’s opinions and suggestions, and then distribute it to the entire company.”

After Ye Yunzhou finished speaking, Su Yao next to him quickly took down the company’s articles of association and company regulations on the table and distributed them to everyone.

The company’s articles of association and company regulations are like the constitution and general laws of a country. Only when this thing is determined, everyone will have a basic compliance.

As the company’s middle and senior management, these things must be involved, and in the future, the company’s relevant articles and regulations will be revised every once in a while according to the company’s development and external changes and market conditions, so that the company’s development can keep up with the changes in the world.

After all the information was distributed to everyone, Ye Yunzhou continued: “The second thing is that the company currently has many patents to apply for, and the whole company needs to cooperate to do it. For the application of patents, I think our classmate Zhang Tianming should be the most familiar.”

Zhang Tianming is the chief technology officer of Xingyao Company. He has several invention patents in his hands. In addition, he was also a research and development supervisor in the original company, so his understanding of patents should be very high.

Zhang Tianming nodded and asked: “Mr. Ye, what type of patent does our company need to apply for?”

Patent types are generally divided into three types, invention patents, utility model patents, and design patents.

Invention patent: refers to a new technical solution proposed for a product, method or its improvement.

Utility model patent: refers to a new technical solution suitable for practical use proposed for the shape, structure or combination of a product. Design patent: refers to a new design that is aesthetically pleasing and suitable for industrial application, which is made for the overall or partial shape, pattern or combination of the product, as well as the combination of color, shape and pattern.

“Well, I have all kinds of patents here. I will give you one thousand invention patents first. You should submit the application as quickly as possible.”

“What? One thousand?” Zhang Tianming exclaimed. Others also looked at Ye Yunzhou, thinking that they had heard it wrong. A newly registered company can come up with a thousand invention patents?

“Don’t be surprised, I have a private laboratory that specializes in research.”

After Ye Yunzhou said this, everyone suddenly realized it and thought to themselves, no wonder. However, Zhang Tianming thought a little differently. He was doing scientific research, and he knew the difficulty of invention patents. He could come up with a thousand invention patents at once. This laboratory can be comparable to Bell Labs.

And to come up with a thousand invention patents, his R&D investment must be tens of billions of dollars. Can Xiaguo have such a laboratory?

However, although Zhang Tianming was suspicious, he did not say anything. After all, everyone has their own secrets, not to mention their super mysterious boss.

“Boss, it is not easy to apply for an invention patent. Not only is the review cycle long, but the application fee is also expensive.” Zhang Tianming added.

Ye Yunzhou certainly knew that because the technical content of the invention patentThe highest, the review process is also the most stringent, requiring substantive review, usually takes 2-3 years or even longer to obtain authorization. Moreover, the cost of applying for a global invention patent is at least between 100,000 and 300,000 RMB.

Since the establishment of Cambrian, the cost of patent application alone has exceeded 500 million RMB, and most of the patents applied by Cambrian are still under review. There are various fees after the subsequent review, and Alphabet has borrowed 200 million RMB from the bank for patent applications.

Fortunately, the patent review cycle is relatively long, otherwise Ye Yunzhou would go bankrupt just by applying for these patents.

It is no exaggeration to say that ordinary small companies can hardly afford the patent application fees.

“I know that no matter how difficult it is, patent applications must be paid attention to. Everyone should know the USB flash drive invented by our Daxia. Because they did not apply for a patent in time, it was finally registered by a foreign country, and others made a lot of money with this patent.” Ye Yunzhou said seriously.

Everyone nodded. Of course, everyone had heard of it. This was a big deal in the technology circle. Imagine that one day a company sent you a subpoena for your invention, telling you that you infringed on the rights of others and that you could not sell your products and had to pay compensation. Would you be angry?

“Well, Zhang Tianming will be responsible for the patent application. You can mobilize all the company’s resources to assist you.”

“Okay, Mr. Ye.”

……

After the meeting, Ye Yunzhou returned to his own office, and the others returned to their respective positions, starting their first day of work.

“Hey, I didn’t expect that applying for a registered patent would be so expensive!” Ye Yunzhou sighed. To be honest, this time he almost went bankrupt because of the patent registration. Even so, it was just the tip of the iceberg of the patents he had.

At present, Cambrian has only applied for more than 10,000 patents, and only applied for Xiaguo, North America, Europe, Japan and South Korea. Even so, the application fee for each patent is more than 50,000 RMB, which is still the initial fee. If the application is finally approved, the fee will have to double. Alphabet is similar, having submitted more than 4,000 patents so far.

But Ye Yunzhou still has more than 15,000 invention patents.

As for the others, there are still 70,000 to 80,000 utility model patents and design patents. Utility model patents do not need to undergo substantive examination, and the authorization time is relatively short, but it also takes 6-14 months. Design patents focus on the novelty and beauty of the product appearance, and the review cycle is relatively short, generally 4-6 months.

Moreover, although the application fees for these patents are not as expensive as invention patents, if all of them are applied for, the cost is also a considerable amount.

Well, it seems that I have to make money quickly, otherwise I really can’t even afford to apply for patents.