Extraordinary Genius
chapter-1283

Chapter 1283 – Help me get one too

“Manager Feng, why are you so free to have dinner with me?” Director Fang put don his chopsticks and took a sip of tea.

“Director Fang, I heard we are negotiating with SinoSat to purchase a batch of SINOSAT-2 satellites?” Feng Yu moved closer and asked.

“That’s right. The US had imposed a sanction on satellite technologies. We will start producing all the spare parts ourselves in the future. That’s why we are purchasing a batch of more advanced satellites to assist with our research on Dong Fang Hong 4th generation satellite.”

There’s nothing to hide about this. China is only slightly above average in satellite technologies and is far from being the best. But they should catch up with the rest of the world within ten years, and they will become one of the best in the future!

“We have been developing Dong Fang Hong 4for years. When will it be completed?”

Director Fang put down his teacup and gave Feng Yu a stare. “Is this something you can ask?”

“Don’t misunderstand me. I want to buy a satellite, and I heard our Government is negotiating with Sinosat to buy their satellites. Can you help me buy one? Is there any discount as we are buying in batch?”

“You want to buy a communication satellite? Why?” Director Fang is shocked to learn Feng Yu wants to buy a satellite.

“To broadcast. Don’t TV programs, phones, fax, radio stations, etc., uses satellites?”

“You can just rent one. If you want to rent, I can help you get a reasonable price and will give you priority.” Director Fang rolled his eyes. How many transponders can you use? Do you still need to buy a satellite? Do you know how many transponders are there in a satellite? Can you finish using it all?!

Also, it cost a few hundred million USD from the construction to the launch of a satellite to space. Is there a need to spend unnecessarily?

“Director Fang, I will tell you the truth. A satellite cost a few hundred million USD, right? I will get around 100 million USD if I rent it out, right? This means I can recover all my costs in a year and might even profit from it. The remaining years are all profits. You want me to spend over a billion USD for something that can be settled for three to four hundred million USD?”

Director Fang looks at Feng Yu curiously. “You know a lot. What’s wrong? Are you going to go into telecommunications, or are you going to broadcast TV channels? Let me warn you first. This is heavily regulated in China, and there’s no exception.” He glanced at Feng Yu.

“Director Fang, don’t try to fool me. Our country allows the use of satellite phones and fax. Also, I don’t intend to broadcast any channel in China. I decide to start a TV station in Hong Kong or Macao. This is not a problem, right? If our people can receive my channel’s signals, it is also not a problem, right? Our country allows our people to watch overseas channels, let alone channels from our special administrative regions.”

Feng Yu had considered all these before meeting Director Fang. China does not allow him to broadcast any TV channels, but Hong Kong and Macao allow it. Those places are also part of China. Although they are special administrative regions, China will not restrict its TV signals.

In Feng Yu’s previous life, some Chinese companies’ TV boxes allow viewers to watch overseas channels. All these are allowed by the Government.

Of course, some ‘special’ channels are not allowed in China and many other countries.

Feng Yu will let Kameda Masao handle the transponders’ rentals. The Sixth Sense Group owns TV stations in the US, Europe, and Japan. Although these are small TV stations, all of them are satellite channels. He has experience in this industry.

If our own company has a satellite, why do we need to rent it from someone else? This satellite must be bought under Wind and Rain Holdings. When Wind and Rain Holdings make profits, Kameda Masao will also get high dividends.

“You are still trying to set up a TV station? I had heard from Station Chief Jia. He doesn’t allow you to set up a TV station, and you create a Sohu channel.”

“Director Fang, I’m innocent! It is Sohu who start Sohu Channel, and I have nothing to do with it. You know I am lazy… why would I waste time managing an internet company?”

Director Fang gave Feng Yu a side glance. Carry on pretending…

“Fine. Are you buying this satellite for yourself or your company?”

“For my company. Wind and Rain Holdings. Our Wind and Rain Games will be organizing the world’s e-sports championships. E-sports is very popular worldwide, and we decided to set up a gaming channel to broadcast the matches and commentaries of the players and experts.”

“Huh? You are setting up a channel because of a video game?! Who will want to watch such programs?” Director Fang is puzzled. He understands that many people like to play video games, but are there really people who like to watch other people playing?

“Director Fang, do you have video game consoles when you are young? No, right? After the appearance of video game consoles, this industry developed quickly. Have you ever met someone who seldom plays chess but likes to watch others play?”

“Watching other play chess is learning from the experts.” Director Fang argued.

“That’s right. It is to learn from the better players. This is the same for E-sports. Our country had recognized E-sports as the 99th sports. You should know about this. Don’t tell me about video games will distract people from their work or studies.”

“There is a lack of resources when you are young, and that’s why there is a lack of recreational activities during that period. Do you believe that if you are a kid now, you will also love video games? Just take a look at the internet cafes. Many people in their thirties and forties are also playing games. These games do not affect their work as they will still go to work as usual.”

“Also, this channel will not only be aired in China. It will also be aired in Europe and the US. We will show them our programs and earn their money.”

“This… are you sure people would like to watch?” Director Fang still has doubt.

“I am sure.” Feng Yu thought to himself. There are many video game channels in his previous life, and even videos on gaming have high viewership on the internet.

It’s just like those who like to play basketball. They will be excited when they see their favorite basketball star play. They will try to learn from those stars and improve. It is the same for E-sports. Those top players have lots of fans, and even the commentators are getting paid millions!

“I will help you ask about it. I am not sure if this can be approved as I am not in charge of this.” Director Fang replied after a long pause.

“Thank you. I am using it for my business. If our Dong Fang Hong 4 is developed, I will buy two to show my support for domestic goods.”

Director Fang smiled and shook his head. Supporting domestic goods?! You can buy Dong Fang Hong 3 now.

……

Sino Satellite Communications