However, with the joy of being happy, Fang Chen found that he was a little unhappy, although it seemed that the output value of 57 billion yuan was a lot of profit of 178 billion yuan.

But when actually converted, it is only about 300 million US dollars, and he spent 2 billion US dollars on the voucher and Qingtian Petroleum Company alone, and then added the 500 billion Huaxia coins that need to be used for Qingtian Communications, and the two add up to 3 billion US dollars.

It is equivalent to saying that even in the case of the rapid growth of the revenue of Qingtian's various companies, he is a primitive all year round and earns a lonely income.

For a moment, Fang Chen was instantly messy, and he even wanted to deny his promise to increase the production of the DVD player and the 04 machine just now.

After all, if he agrees to increase production, then counting the scientific research funds of the laboratories of various companies, it is actually equivalent to that he will not only not make money this year, but will also lose tens of millions of yuan, as little as 28900000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000

You know, increasing production is not something that can be increased by touching the skin of the two mouths, it requires him to spend a lot of money to buy equipment and recruit employees, all of which cost money.

In addition, the scientific research funds of each company are a large expense, and because he does not want to affect the development and expansion of the branches, these scientific research funds are borne by him.

And because the application for scientific research projects of each branch of Qingtian is declared every six months, and now it is June, which is just to declare the scientific research projects in the second half of this year, so he already has a rough idea of the annual scientific research project expenditure.

In the two and a half years combined, the cooperation projects between the laboratories under Qingtian Communications and Xiaobawang, the technical department and major universities, as well as the cooperation between Qingtian and some foreign universities overseas, as well as the scientific research investment of the laboratory, are about 1.8 billion.

In other words, Qingtian only has scientific research funds, which is basically on top, and last year, Sitong Company, known as the first technology company in China, was a private enterprise with a whole year's revenue.

But to be honest, Fang Chen is actually not very satisfied with this kind of scientific research investment, and feels that it is a bit little.

Of course, this kind of investment in research is enough for an ordinary company, or even a technology company.

After all, those who have invested in scientific research are Xiaobawang and Qingtian Communications, and the four companies in Russia, a department store trade, an automobile trade, a bank, and an oil company, need such a thing as scientific research investment.

The combined revenue of these two companies can be almost 37 billion, and the 1.8 billion yuan of scientific research investment is equivalent to 5% of revenue and 20% of profit.

Just like the identification of high-tech enterprises in China, it is defined by 5% of revenue invested in scientific research.

The proportion of R&D investment in revenue of domestic listed companies is usually 3%.

The average business is at most 1%, or even almost zero.

If this is used as a standard, Lenovo is indeed a shame for high-tech companies, and it is reasonable that this decline will not make people feel any surprise.

Lenovo's investment in scientific research is only more than 2% of revenue all year round, and only 1.8% at the lowest time, which is not even the average level of scientific research investment of listed companies, only half of that of normal high-tech enterprises.

But to be honest, Lenovo's investment in scientific research has been much higher than he expected, after all, no one has ever seen Lenovo make any amazing scientific research results.

said that Lenovo's scientific research funding is zero, and he thinks it is normal.

But is 5% R&D investment enough for Fangchen to be satisfied?

The answer is definitely no.

Since 2010, Huawei's R&D investment in revenue has basically remained between 13%~15%, and in 2018, R&D expenses have exceeded 100 billion.

In contrast, Huawei's profit margin is only a little more than 5%, which means that Huawei's R&D investment is about three times the profit margin.

It is precisely this high proportion of investment in scientific research that has created the Huawei that the world sees today.

It can even be said that if there is no such high proportion of scientific research investment, it will not be born a great science and technology enterprise that can truly attract the attention of the world and promote the development of the world.

Intel's revenue in 2018 was $70.8 billion, and its investment in scientific research was $13.5 billion, accounting for 19% of its revenue.

Google's revenue was 65 billion US dollars, and its R&D expenditure was 9.9 billion US dollars, accounting for 15%; Qualcomm's revenue was US$25.3 billion, and R&D expenses were US$5.56 billion, accounting for 22%; Facebook's revenue was $12.5 billion, and the amount invested in research and development was $2.625 billion, accounting for 21%;

These companies at the top of the pyramid of high-tech enterprises still invest so much money in scientific research every year, so if Qingtian wants to truly stand on top of the world, it is impossible for scientific research investment to account for 15% of revenue.

It's just that at this stage, the products developed and produced by Qingtian are not too high-tech and have a large number of papers and materials to learn from, so 5% of the scientific research investment is so-so and barely qualified.

Dare you imagine that Xiaobawang's revenue is four times that of Qingtian Communication, but the investment in scientific research is still 100 million less than that of Qingtian Communication?

Qingtian Communications applied for 950 million yuan of scientific research funds, and Xiaobawang only applied for 850 million yuan of scientific research funds.

No way, who makes Xiaobawang closer to the traditional manufacturing industry, whether it is a learning machine, a game machine, a repeater, VCD does not have much scientific and technological content, 850 million is more than enough.

As for Qingtian Communications, it is also researching 2.5G wireless networks, new materials, modern communication technology, and so on.

Therefore, if Qingtian Communication is pulled out alone, it can barely meet Shangchen's requirements for scientific research investment.

By the way, there is another important reason why the investment in scientific research is so low, that is, the salary income of technical personnel and scientific research personnel in Huaxia is too low.

Compared with the income of American scientific researchers, who often earn hundreds of thousands of dollars or millions of dollars, while the annual income of scientific research workers in China, even if they try their best to improve, is mostly concentrated in 12,000 yuan to 18,000 yuan, which is simply terrifyingly cheap.

So it's not too surprising that DynaSky's R&D expenses are lower.

After calculating the account of scientific research investment for Duan Yongping, Duan Yongping's long-tested old face was suddenly dyed with a faint flush.

He was so ashamed.

If you want to say that the company's revenue performance is booming, you dare to claim to be the first high-tech enterprise in China, the first private enterprise, and will soon become a member of the world's top 500 club.

But who dares to think that up to now, he has not actually contributed much money to the purse in the boss's pocket, but he needs the boss to invest continuously for a long time, subsidize them with the extra money he earns, and even the scientific research investment necessary for the company's operation and development, and the investment in increasing production need to be given by the boss again.

Saying this, he, the actual manager of Qingtian, was really panicked.

"It's my dereliction of duty to let you, the boss, not to mention the hard work and lungs, and the companies that still pay money. Duan Yongping said sincerely.

"Okay, what's so good about feeling dereliction of duty, you can develop to this point now, you have a lot to do. Besides, you didn't say that you put this money in your own pocket, and all the money was used to develop the company, what kind of humility is this? Whether it is me or you, everything we do is for the good of the company. Fang Chen waved his hand and said nonchalantly.

"And, in the final analysis, it's not because I can make money, and in the last year or two, I think I can still afford the company's investment in scientific research. Fang Chen blinked his eyes and said with a smile.

He thought about it, in the past few years, there doesn't seem to be too much windfall to make, even if he is about to establish a European and American company that can make a lot of money in the future, and can make more money than Qingtian Oil, it will take time to breed and ferment.

But it shouldn't be a problem to maintain the company's scientific research funding, after all, he still has a big killer in his hand, and that is Qingtian Petroleum Company.

To put it mildly, he invested the 300 million US dollars in Qingtian Oil, and if Berezovsky can't give him ten times more, just wait to be kicked in the ass by him!

Moreover, the money earned by Qingtian's branches, including Xiaobawang, except for some necessary liquidity, is in his hands.

By the end of the year, as long as there is no particularly large investment, he will most likely be a good man again.

"However, it has only been these two years, and the year after tomorrow, you companies must really be able to rely on scientific research results to make money, and then the money earned is invested in scientific research, so that a positive cycle of road. Fang Chen said.

Seeing Duan Yongping nodded, Fang Chen's voice changed, and he said: "And I have one thing to tell, I probably have a big project to do the year after tomorrow, and when that big project starts to be done, there is a high probability that not only will there be no money for you, but you will also have to draw blood from various companies, so be prepared." ”

Hearing this, Duan Yongping couldn't help but be stunned.

After a few breaths, he came back to his senses, glanced at Fang Chen with a somewhat complicated expression, and then asked, "How much do you need for this big thing?"

Fang Chen thought for a moment and said, "Let's base up on eleven figures, it's normal to spend twelve figures." ”

Duan Yongping paused for a few more seconds, and then from Fang Chen's expression, he figured out how much money Fang Chen needed.

"You want 10 billion, or even 100 billion, what a big deal you have to do, and you want so much money!"

Although he had been with Fang Chen for a long time, and he was used to Fang Chen's style of doing things that were not shocking and scared to death, he was still taken aback by Fang Chen's handwriting, and shouted three feet high.

Fang Chen glanced at Duan Yongping, and said with a disdainful expression: "Now it's just to tell you, and it's not for you to get me 100 billion now, look at what scares you, you are in your thirties, and the old man who is already married is not calm at all." ”

Hearing this, Duan Yongping rolled his eyes several times!

Seriously, if it weren't for the fear that Li Meng would be widowed at such a young age, he would really want to slash Fang Chen now.

See if this is what the boss says?

He's obviously only in his early thirties, and who said that if you're married, you're an old man, but the most important thing is that he's not calm at all?

He admits that his reaction was a bit big, but he thinks his performance has been good.

There are a few people in this world who can hear these numbers spoken by Fang Chen, and they don't jump up.

To put it mildly, China's 1.1 billion people, 9.6 million square kilometers of land, and a fiscal revenue of about 500 billion yuan a year.

Last year, the country's GDP was 2.7 trillion Chinese dollars, and according to the convention that fiscal revenue is 20% of GDP, China's annual fiscal revenue is a little more than 500 billion yuan.

The result was good, Fang Chen actually told him that he was going to use one-fifth of the national financial revenue to do a project.

Anyone who hears this will probably be shocked, even a big man like Dean Zhu will not be an exception.

You must know that the Three Gorges has attracted the attention of the whole country and has gone through several generations of research and demonstration, and it is only then that we have decided to do the great project of the century, and the construction of the project, including the relocation and resettlement of the surrounding residents, has a total budget of less than 100 billion yuan.

"Are you going to build a Three Gorges Dam on your own?" Duan Yongping couldn't help but complain.

Fang Chen shrugged his shoulders indifferently, and said with a smile: "I don't plan to build the Three Gorges Dam, after all, this is not in line with our majors, it seems that I have planned to build the Three Gorges Dam, you can carry a pickaxe to dig a pit with me and dig the foundation?"

Speaking of this, Fang Chen's voice paused, and he pretended to be mysterious: "What I want to do, although it is not the Three Gorges Dam, the significance is not much lower than the Three Gorges Dam, otherwise I would be sorry for the twelve-figure investment......

Seeing that Fang Chen suddenly shut up, although he knew that Fang Chen's mistake of selling Guanzi had been committed again, Duan Yongping still asked honestly, "What kind of project are you, you actually need so much money." ”

Seriously, he knew that he shouldn't be used to Fang Chen's, he could do it on weekdays, hang Fang Chen aside, love to talk about it, don't talk about it, don't hold it back, but when he heard Fang Chen's 100 billion investment, the importance is about the same as that of the Three Gorges, such tempting words, he really couldn't help it.

He felt that if he didn't ask, he would suffocate to death.

"Chips!"

Fang Chen spit out two words lightly, but these two words were like a big mountain pressing on Duan Yongping's heart, pressing him to say something, but he didn't know what to say, so he could only fall into silence with a cloudy expression on his face.

Well, that's right, Fang Chen is going to make chips.

Do chips matter for an industrial power?

Significant!

However, it is even more essential for a powerful country that aspires to stand on top of the world, to achieve great revival, and to lead the world for the vast majority of its life.

It can be said that the development of chips is powerful and closely related to modern human life, and the development of the information age is based on a variety of chips.

In the previous life, the most imported commodity in China was chips, which was much more than the second-place oil.