Student Debut 50 Million Hawking Magic Shoes

When many university graduates are worried about finding jobs, Wu Jinlong has made a debut in selling 50 million of the "magic shoes" with the help of a patent millionaire student. When most college graduates are worried about finding jobs, Wu Jinlong, who is just over 20 years old, graduated from Sichuan Normal University in Bazhong in July this year, has become a millionaire by means of patents, and has started his own business.

Wu Jinlong holds the practical new patent certificate granted by the State Intellectual Property Office, and confidently stands in front of reporters.

He said he was interested in invention patents since his sophomore year.

In 2003, he enrolled in economics and management major in Arts and Science College of Sichuan Normal University.

During the university period, he applied for 3 utility models patents, and now there are two pactions.

The first selling utility model of Wu Jinlong is the "automotive collision avoidance system". Its principle is to install a large magnet device at the head and tail of the vehicle, and use mutually exclusive magnetic force to achieve collision avoidance between vehicles. In 2004, it applied for a patent.

Wu Jinlong said that it is very difficult to promote itself independently in China.

So I chose to resell it to others.

According to Wu Jinlong's contract, in December 24, 2004, Chengdu Tufeng investment consulting management company took the patent at a price of about 1 million yuan.

He was just 18 years old.

Wu Jinlong's latest patent is "magic shoes".

In the patent book, the official name is "shoes with additional structural parts".

People who see their samples will think that this design is very simple. In fact, they use all kinds of matching parts to achieve the change of shoe color and style. A pair of shoes can match several pairs of shoes.

For this patent, he tested nearly 100 pairs of shoes.

After the successful application of the patent, Wu Jinlong spent months in contact with various investors with his relatives' help.

"China's children's shoes market for 6-12 year old consumers has a scale of about 30000000000 yuan in 1 years. Even if 1% of them use additional structural components, the market space will be more than 3 billion a year.

Wu Jinlong is tirelessly speaking to investors about the prospect, and in his business plan, he sold the price of the patent to 50 million.

There is still a big gap between ideal and reality.

Wu Jinlong said frankly, the price is relatively high.

Last week, China's "magic shoes" patent finally found a partner in Chengdu. Wu Jinlong joined the company with two powerful companies. In the new company, Wu Jinlong accounted for 30% of the shares, only 150 thousand yuan.

But Wu Jinlong believes that if the patent conversion business is bigger, he can get sustained profits from it.

Zhu Hui, general manager of Chengdu business pformation company, who bought the "magic shoes" patent, said in an interview that "Xiao Wu is very young, but he has a great head and can endure hardships."

He can run to Beijing to attend some shoe industry forums and meet friends in the industry.

Such courage is rare among the 20 year old.

This is one of the reasons why I dare cooperate with him. "

Another reason is that the market prospect of the patent has been inspected for a long time and I think there is a drama.

Zhu Hui said.