Mr. Li was still satisfied with Hu Yiting's statement, "Your export momentum is very good, you must maintain it, I heard that your salary is very high, the salary structure is comparable to that of large international companies, and it is a well-known high-paying enterprise in China, so I am very optimistic about your research and development, and you can't do scientific research without money." ”

Hu Yiting said clearly: "We don't worry about money in research and development, and we do have money now, and we plan to develop LCD panel technology and antivirus software technology." ”

Mr. Li said with satisfaction: "With the support of huge profits, the company can maintain this good momentum."

You have now made a 486 processor, and the experts of the Chinese Academy of Sciences have responded enthusiastically.

Not long ago, Xia Lao wrote to me, and President Tuo Zhou forwarded it to the Government Council, she hoped that the country could vigorously support the application and promotion of this 486 processor, and fully roll out this Chinese core in the field of domestic industrial and automation control as soon as possible.

Therefore, after research, the government decided to adopt the suggestions in Xia Lao's report, allocate 10 million special funds to a group of institutes under the Chinese Academy of Sciences, and set up a national core application industry fund to support the development and research of related projects, with the aim of promoting the substitution of imported products by this chip in various industries.

What do you think?"

Hu Yiting was happy when he heard it: "This is great, to tell the truth, when we developed this 486, the original intention was not to make much money, just to take it as a footprint forward, but if this product can recover the development cost, of course it is the best." ”

Master Li asked, "How much did you spend on developing this 486?"

Hu Yiting was not ashamed to say: "Because of a large number of redesigns of the microstructure, and a comprehensive mapping and elaboration of it, we spent about 200 million yuan. ”

Master Li frowned: "At the moment, the financial situation is tight, the state will subsidize you with 50 million, and the remaining 150 million holes will be earned back from the market by yourself." ”

Kang Yaoxiang was taken aback when he heard it, thinking that this 486 was almost a design completed by Mr. Hu, Chongguang really didn't spend too much R&D funds, counting the manpower and technical costs invested in various aspects such as auxiliary design in the later stage, not even 10 million, Mr. Hu, the lion opened his mouth, and he wanted 200 million at once, and Master Li really dared to give it, the 50 million was in hand, and Chongguang had already made a net profit of 40 million!"

Kang Yaoxiang thought about it again, "But this is also thanks to the fact that Mr. Hu presided over the development, to change to another company, it is estimated that it will really take a year or two, and it may not be able to come up with such an excellent product at present, this product is obvious to all in terms of power saving and energy saving, containing so many unique microstructure designs, to say that 200 million research and development funds, it is really not much." Mr. Hu quoted a market price for Mr. Li, but from this point of view, he did not overreport. ”

Mr. Li then asked Minister Hu: "Take a look at the Ministry of Electronics Industry, is there anything that can be increased in the policy support?"

Minister Hu nodded slightly: "The second phase of the expansion project of Huajing Factory is expected to be put into operation in March next year, and we will give Chongguang key support in terms of filming, and the ministry has issued requirements to all subordinate units, calling on them to come up with a product upgrade plan based on Chongguang 486 as soon as possible." There is also the Ministry of Defense and the Ministry of Machinery Industry, which need to make some arrangements for Master Li to integrate this 486 into their product design system as soon as possible. ”

Mr. Li bowed: "I will arrange this aspect, and then the Ministry of Electronics Industry will take the lead in a series of scientific research and promotion activities, hold some cross-departmental, cross-industry and cross-institute product promotion meetings, and strive to apply Chongguang 486 in practice in the shortest possible time." ”

Wang Lili said: "My lord, let me add, in fact, this time the United States investigated us again, and what worries us the most is not the Youying Overlord coprocessor, but our Internet instant messaging software QQ, you know that our QQ valuation is very high now, AOL even took out $16 billion in cash and shares to buy us, and Goldman Sachs, a famous investment bank on Wall Street, has made a valuation of $30 billion for us, hoping to help us go public in the United States." ”

Master Li's eyes widened in surprise, and he lifted his glasses and said, "Software can be so valuable? Do you have a good relationship with Goldman Sachs? How can they give you such a high valuation?"

Wang Lili explained: "Goldman Sachs offered a condition that we give a total of 17% equity and no less than three board seats to the three investment banks led by Vanguard Investment and Brown Financial Consulting, and these three investment banks are willing to act as joint sponsors and be fully responsible for packaging us on QQ and listing on the NASDAQ market in the United States." ”

Master Li said with a little excitement in surprise: "This is scary with a high valuation, what are you going to do?"

Wang Lili said: "We were still thinking about it before, and Mr. Hu meant to delay it first, and then go public when we were more profitable, had more users, and had stronger technology, so that the valuation would be higher, and there would be more room for bargaining with these investment banks." ”

Master Li glanced at Hu Yiting: "You kid is quite greedy." After that, he smiled and said to Wang Lili: "Wang Lili, you continue." ”

Wang Lili was quite excited when she saw that the adults actually remembered her name, "Now that this is happening, do you say that we are not in a hurry? As far as we know, the United States, including Netscape, Microsoft, and AOL that intends to acquire us, are urgently establishing projects to develop Internet communication software, and many companies in Silicon Valley are now like cats that smell fishy, turning our QQ over and over again in research, and they are almost pulling out the source code!"

Master Li said solemnly: "So once the U.S. government decides that your QQ endangers information security, they can immediately replace it?"

Wang Lili nodded heavily: "That's what it means! You know that Mr. Hu is biased towards technology research and development, especially in technology is biased towards IC design, and pays the most attention to chip and process technology, but I think QQ is one of the most amazing products developed by Mr. Hu, and it is the only software in China that has taken a shot, and it will play a vital role in the future Internet era, and its profitability is completely comparable to Microsoft's operating system!"

Hu Yiting looked at Wang Lili, and praised her for being able to raise the topic of QQ, and he didn't have time to say it just now, probably because in his mind, the IC industry seems to be more important than the software industry.

Li Dadao: "Goldman Sachs is willing to give you such a high valuation, needless to say, you must also see the application prospects of your QQ products, such a good software country must of course support, I wrote it down, and went back to discuss QQ and Youying Overlord coprocessor side by side, and put forward it with the United States." ”

Wang Lili said happily: "Thank you, sir." ”

Mr. Li asked again: "Do you have any suggestions for the development of the domestic Internet industry?"

Xiao Ma finally couldn't bear it anymore, and wanted to show his face in front of adults, and hurriedly said: "I hope that telecommunications can increase investment in the Internet, faster and faster, and popularize Internet access services to every province and city in the country, and eventually access to the village level, so that the people of our whole country can catch the fast train of the Internet information highway, which will have endless benefits for our country's economic construction and future scientific and technological development, and the sooner this foundation is laid, the better." ”

Master Li nodded: " At present, the Ministry of Posts and Telecommunications in the Internet backbone network construction speed is still relatively fast, in the next few years, each year of equipment investment budget will be tens of billions of yuan, is expected to exceed 100 billion in three years, five years later may reach 200 billion, the Internet as an emerging industry, China's development in this area can not lag behind the developed countries too much, but limited to the country's economic strength, but also need to maintain three to five years of late-mover advantage, can not be too advanced, the country has a long-term plan in this regard, you have to follow the plan. ”

The pony nodded busily.

Kang Yaoxiang also spoke at this time: "My lord, our repetition machine project needs the policy cooperation of the Ministry of Education. ”

Master Li was surprised: "What kind of product is this?"

So Wu Hengyuan took over the conversation and linked the repeater with the English teaching policy of the Ministry of Education and interpreted it.

After hearing this, Master Li smiled and said: "I really don't know, I found out at a meeting today, you really have a lot of products, this requirement can be considered, I will go back and ask the Ministry of Education, if it is OK, it will be launched as soon as possible, no need to delay until two years later, it is rare to use policies to support the development of new products and new technologies, drag on for two years, daylily is cold." ”

Listening to Master Li's statement, everyone applauded with joy on their faces.