9th of June.
The second day after the high school entrance exam.
Chen Jin's substitute brought some of the company's executives to the capital.
They attended an important meeting organized by the Ministry of Education.
Or rather, a "negotiation" took place.
The negotiation about the Little Star learning machine.
To be honest, this negotiation was quite difficult.
When the negotiations reached a stalemate, an elder leader tried to persuade him.
But Chen Jin's position did not waver.
That was, Xing Hai Technologies' interests must be fully guaranteed!
He flatly rejected the request of some education experts to "nationalize" the company.
"Since you said that your company spent tens of billions to develop the Little Star learning machine, then the country will compensate you 20 billion, double the amount. Is that enough?"
"You're really an expert. 20 billion? Do you think Xing Hai Technologies is a beggar? The Little Star learning machine is worth more than 2 trillion! You can buy out this technology, but you have to pay 2 trillion, "Chen Jin said with a sarcastic smile.
The expert almost vomited blood. "2 trillion? Have you gone crazy from thinking about making money? This is a product that concerns the future of the country and the fate of the nation, and you only think about making money? You … you're so disappointing. "
"Do you have any misunderstandings about making money? Xing Hai Technologies invested tens of billions to develop this product. If it's not for making money, is it for charity? Luckily you're not an entrepreneur. If you were to manage a company, it would be closed down in a few days! "Chen Jin shook his head.
Chen Jin shook his head. "The purpose of establishing any company is very simple, and that is to make money first and change the world at the same time. Sentiments and righteousness are for children. We're all adults here, so please communicate in an adult's way."
"Then what exactly do you want?" another expert asked.
"I don't want anything! I'm asking you what you want. If you want the Little Star learning machine, you can buy it with money. I'll give you a discount. If you want the technology of the Little Star learning machine, you can buy it with money. Everyone, please communicate with me in a commercial manner. "
"Money, money, money. Do you only care about money? Can't you make a contribution to the country and the people? "The expert jumped out again.
Chen Jin stood up. "I'm sorry, we can't talk anymore. As long as this expert is here, I don't want to talk anymore. It's like playing the lute to a cow. We can't communicate at all!"
He immediately left the conference room.
The experts looked at each other, and the expert's face turned red.
The next day, when Chen Jin entered the conference room again, the expert was nowhere to be seen. The representative for the negotiations had also been replaced by a kind-looking official.
"Young man, I understand what you mean. This is the era of commodity economy. There is nothing wrong with your idea. Moreover, you are in the high-tech industry. You are contributing to the country's scientific and technological development. Every penny is earned fair and square. There is nothing to criticize."
"It's just that … the Little Star learning machine has a huge impact on the country. It's a huge disruption to the education system. There can't be any mistakes in the education of the next generation."
"We know that the knowledge points in the Little Star learning machine are mainly related to the natural sciences, which is very helpful for science students. It doesn't touch on those sensitive topics. This shows that you are a very smart company, and you have fully considered some issues."
"But it is impossible for the country to allow this product to be completely controlled by a single company. The purpose of the existence of the Ministry of Education is to supervise and regulate, to ensure that there are no problems. The best way to supervise is to nationalize this product and let education experts be in charge of operating it. For example, the importance of the Little Star learning machine has risen to the same height as these fields."
"Of course, the country will provide a certain amount of financial compensation. Xing Hai Technologies will also receive strong support. On behalf of the country, I guarantee that you will not suffer any losses!"
The official persuaded Chen Jin warmly with a sincere attitude.
But Chen Jin still shook his head.
"It's not impossible to nationalize it. I'll take another step back. 500 billion for a complete buyout! I'll give you the Little Star learning machine and a copy of the data and information. This is my bottom line. I won't compromise any further. "
"Don't think that it's expensive. It's said that the country invests trillions in the field of education every year. My request is not high at all. Enterprises also need profits. Xing Hai Technologies has created a product worth trillions but sold it at a cheap price of 500 billion. I won't feel that I'm taking advantage of it.
"500 billion?"
The official opened his mouth wide. He said helplessly, "Young man, you're really exaggerating! The country can form a team to develop a similar learning machine with 500 billion. "
"I support the country's independent research and development! Xing Hai Technologies is willing to provide technical consulting services, free of charge. "Chen Jin immediately expressed his stance.
"This …"
The negotiations fell into a stalemate again.
The Ministry of Education added some more bargaining chips, hoping for a 100 billion buyout. But it was rejected.
Then, Chen Jin received a call from his grandfather, He Chang Hou. The old man scolded him, saying that it was enough! Don't delay the development of the country's education for the sake of money and become a sinner in history!
Chen Jin had to spend more than two hours to get through the old man's mind with great difficulty.
June 18th.
The negotiations continued until the ninth day. The compromise plan that Chen Jin came up with was finally recognized by the Ministry of Education and approved by the higher-ups.
There were three main core contents of the compromise plan.
1. The intellectual property and technical information of the Little Star learning machine belonged to Xing Hai Technologies. However, it could be licensed to the country for free.
2. Xing Hai Technologies would supply the Little Star learning machine to the Ministry of Education at the cost price plus 10% hardware profits. They would even take 70% of the production capacity of the original factory.
3. The country would provide tax-free support for the research and development, manufacturing, and production related to the Little Star learning machine.
If the country provided tax-free support, the overall cost of the Little Star learning machine could be reduced by at least 40%. This was something that Chen Jin valued very much.
He finally said, "It's impossible for me to contribute the core technology for free. 100 billion is just to appease a beggar. However, I can license it to the country for free and supply the cost price version of the Little Star learning machine to the Ministry of Education in exchange for tax-free support."
"In addition, Xing Hai Technologies will continue to produce learning machine products. We have even successfully developed a 'Little Star Second Gen' with ten times more functions. The Ministry of Education can purchase this product in bulk and Xing Hai Technologies will also sell it to the public. However, in terms of pricing, our 'Little Star Second Gen' will be priced at more than 10,000 dollars. I don't care about the price set by the Ministry of Education, you can set it however you want. It's not our problem if some poor students can't use it.
This is my greatest sincerity. If everyone can agree to it, then let's have a happy cooperation. If not, and you insist that I contribute it for free, I'm sorry, I really can't do it. I can only give up on this product and expand into other fields. We won't interfere with each other in the future. "
Chen Jin shrugged. It was impossible for him to make any more concessions.
The experts from the Ministry of Education looked at each other for a while.
The official communicated with the higher-ups and received a positive reply. "Yes, the intelligent learning machine cannot be completely controlled by the government. We also need private enterprises to participate in the competition and stimulate the vitality of this market! We need to provide better education services. "
"Alright, Comrade Chen, we agree to your conditions! In the future, let's make our contributions to the education cause of the Z nation! "
"To a happy cooperation!"
Chen Jin smiled and shook hands with him.
…
June 20th.
All the terms and conditions of the cooperation were negotiated and signed by the representatives of both parties. The cooperation agreement was officially reached.
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