The unparalleled talent of the country started from Harbin Institute of Technology

Chapter 195, Summary Conference
"Boss, I know you're making a lot of money. Has your revenue exceeded one billion US dollars this year?"

Wang Duoyu asked with a smile, and Lin Dehong's pupils suddenly trembled.

Can their unit earn one billion dollars in a year?
I really look up to them!

"Okay, since you don't want to listen, forget it. Let's talk about your Mach 5 fighter."

Seeing Lin Dehong lose his temper and forcefully change the subject, Wang Duoyu couldn't help but laugh and continued to attack:

"Oh, those design drawings have been calculated? So quickly? Wasn't it agreed to take six months? So, have you guys decided to invest in this project?"

Hearing this, Lin Dehong rolled his eyes and said:
"Could you please stop interrupting me? That's so rude!"

"Okay, okay, okay, leader, please continue. I promise to shut up!"

Wang Duoyu instantly became obedient, and Lin Dehong had no choice but to continue explaining the design of the Mach 5 fighter jet.

In fact, their unit has not completed the calculation. After all, it is not New Year's Day yet, so how could the calculation be completed?
However, experts have completed the verification of the engine design drawings, and one thing that is clear is that a flight speed of Mach 5 may really be possible.

But it is very difficult. At the same time, the experts have never heard of the new materials mentioned by Wang Duoyu in the design drawings, so they are skeptical about this.

In addition, experts said that the design drawings of this fighter are very valuable for reference, and some of the useful designs can be separated and applied to the design of new fighters.

Lin Dehong himself meant that if the Arsenal can maintain its current revenue in the next two years, then there is a high probability that they will be willing to invest in this project.

After he finished speaking, Wang Duoyu spoke:
"Okay, I understand. Let's talk about this again after you've all verified everything."

"Leader, I need your help with something."

He also suddenly thought that if he found a husband with a military background for Wang Meihe, then two years later, when the two sisters went out on missions, this brother-in-law could go and help them.

After all, when they go out, someone needs to protect the two sisters.

Other men cannot be trusted, but the words of the brother-in-law, who has a military background, are not to be trusted. He is a soldier and can definitely be trusted.

Lin Dehong smiled when he heard this.

"If it were anything else, I wouldn't necessarily be able to help, but this one is simple. Just tell me what you want."

"First, he must be young, not older than me. Second, he must have a good personality, be gentle and kind. He must also be tall, handsome, and have won first-class merit and collective first-class merit."

With every word Wang Duoyu spoke, Lin Dehong's face became darker.

Wang Duoyu is really bold in making such a request. Is this choosing a brother-in-law? Is this choosing a prince consort?
So before Wang Duoyu finished speaking, Lin Dehong said unhappily:
"Find me a man like this. I have a daughter who's almost getting married."

After the joke, Wang Duoyu stated his requirements for his brother-in-law: he should have an ordinary appearance, an honest personality, outstanding business skills, and most importantly, be loyal enough.

"What? Loyalty?"

Lin Dehong looked doubtful, but Wang Duoyu did not explain too much, just saying that loyalty was enough.

Yes, loyalty.

As long as this person is loyal to the country, loves the land he stands on, and is not the kind of person who complains about everything and is selfish, that's enough.

As for being handsome, tall and mighty, that is not acceptable.

In foreign countries, only those with ordinary looks can blend in with the crowd and go unnoticed.

On the contrary, people who stand out from the crowd can be spotted at a glance.

"Okay, I see."

After watching Lin Dehong leave the office, Wang Duoyu sat for a while, then returned to his desk and took out the manuscript paper that had been covered in dust for a while.

Now we can finally derive the Navier-Stokes equations again.

Although there is still no sign of the Mach 5 fighter project, Wang Duoyu will not stop trying to verify this equation.

Because Lin Dehong would continuously send him experimental data from various research institutes, providing him with various data support.

Even the 749th Bureau will also send such relevant data to Wang Duoyu. Everything is done in secret and will not be known to the outside world.

Time flies, and New Year's Day is here in a blink of an eye.

The year 1982 arrived as expected.

This year will open a new page. History has changed, but it seems that not much has changed.

In the villa, sisters Wang Meili and Wang Meihe were busy making dumplings while listening attentively to their ninth brother telling some stories about finance.

For example, how does the US dollar reap the world's wealth?

"Do you know why the Federal Reserve prints so many US dollars? Aren't they afraid of currency devaluation if they print so much money?"

The two sisters were stunned when they heard this, because in their opinion, these views were indeed "heretical".

This analysis of the current state of the global economy at a higher dimension was shocking but also easier for the two sisters to accept.

At the same time, when they are learning the knowledge in the books, they will definitely have many questions. They can go home and ask their ninth brother, or they may resolve their doubts because of the "stories" told by Wang Duoyu.

"Have you read the books? Do you remember the year when the dollar was decoupled from gold?"

"Remember, it was 1971!"

"Okay, then you should know that after the dollar was decoupled from gold, the biggest obstacle restricting the Federal Reserve from printing large amounts of dollars was gone, so the Federal Reserve can print as much as it wants."

Wang Duoyu lowered his head and teased his son in his arms, then raised his head and raised two fingers, saying:

"Second, the president who is now sitting in that chair in the White House has increased the U.S. debt ceiling fivefold, further relaxing the restrictions on debt issuance, so they can issue a large amount of treasury bonds, and then print more dollars."

"Third, in order to cope with the economic crisis and stimulate economic growth, the US government frequently uses fiscal stimulus measures, which also leads to the issuance of large amounts of treasury bonds and the printing of US dollars."

"So, back to the question just now, with such a large-scale printing of US dollars, are they really not afraid of the dollar's devaluation? Who will bear this loss?"

When the two sisters heard this, they were no longer able to think.

For them, this complex situation is indeed beyond their knowledge, but they are eager to earn dollars, so they have to study hard.

Wang Duoyu smiled slightly and was about to continue speaking when his son Wang Junhong stood up and walked towards him with his trembling little hands open. This made the old father very excited.

The little guy could already stand when he was eight months old, but he could only stand and could not walk yet.

However, now the little guy can stand and walk, which is a qualitative leap.

Under normal circumstances, many children can learn to walk around one year old, but the little guy finally learned to walk more than twenty days after his first birthday.

Not too late, but not too early either, just the average person.

"My son is awesome!"

The little guy was even happier when he was praised by the adults. He giggled, then struggled to break free from his father's arms and stumbled towards his aunt, still shouting "Gugu".

After a while of commotion, Wang Meili and her sister's brains had "recovered". Although they had not yet fully absorbed the knowledge points, they were able to continue listening to the class.

Since the United States withdrew from the Bretton Woods system, the US dollar base currency has increased from 80 billion US dollars to 350 billion US dollars in 1980.

Such terrifying currency growth has not led to a significant depreciation of the US dollar. There are two main reasons why.

"The first is the position of the US dollar in the global monetary system. Since the 1950s and 1960s, there has been frequent economic exchanges between Europe and the United States, and the trend of economic globalization is irreversible."

"Because of the Bretton Woods system at the time, the only currency trusted in many international trade transactions was the US dollar, also known as the US dollar at the time, because it could be directly exchanged for gold."

"The dollar's currency status is so important that global demand for it is enormous, and there is no obvious oversupply."

The two sisters have obviously learned that the supply and demand relationship of commodities can affect commodity prices. To a certain extent, the US dollar is actually a commodity.

Since the global demand for the US dollar is still huge, even if the amount of US dollar printing is huge, it will not affect its value.

This is one of the reasons.

"The second reason is the establishment of the petrodollar system, which further consolidated the dollar's position."

Wang Duoyu elaborated on the relevant news reported in the newspaper. In 1971, the United States reached an agreement with Saudi Arabia in the Middle East, requiring all oil transactions to be settled in US dollars.

At that time, the country ranked first in oil export was the Kingdom of Saudi Arabia, and the second was the Polar Bear Empire.

In 1973, the oil crisis broke out and international oil prices soared. The Polar Bear Empire took the opportunity to greatly increase its oil exports to European countries.

By the mid-1970s, the Polar Bear Empire had surpassed the Kingdom of Saudi Arabia to become the world's largest oil exporter.

In 6920, the Polar Bear Empire exported million tons of oil to Western Europe, with export revenue reaching US$ billion.

The United States cannot influence the Polar Bear Empire, but in the entire Middle East, the Kingdom of Saudi Arabia's oil exports are also not small.

The demand for oil in the whole of Western Europe is not small, and one polar bear empire cannot meet the needs of all countries.

Therefore, other countries have to hold US dollars in order to buy oil, thus maintaining the value of the US dollar.

When talking about this, Wang Meili and her sister were already feeling dizzy and could no longer accept the indoctrination of this knowledge.

They need to slow down, and at the same time, they need to have more lessons like this, otherwise they won't be able to remember.

International relations are so complex and changeable, and there are many things to pay attention to in the trade process, so they must be serious and careful when studying.

After New Year's Day, news finally came from Lin Dehong, and Wang Duoyu asked his sister to go out and meet him.

Just when his sister went on a blind date, Han Jue also called and the year-end meeting was about to begin.

After hearing that it was about the year-end summary meeting, Wang Duoyu simply packed up his things after hanging up the phone and went out.

You definitely need to attend such a meeting. After all, you have to hear how much money you have earned this year.

The administrative building of Harbin Institute of Technology has a new conference room that was built last year. There are some flowers and banners arranged in the center, making it look presentable.

The banner read: Harbin Institute of Technology 1981 Work Summary Conference!

There are many people attending the meeting this time, including management of Huashun Company, Huaxin Company, Diaopai Company and other companies, as well as heads of various project departments such as memory project, optical disk memory project, lithography machine project, and handheld game console project, as well as Harbin Institute of Technology leaders and heads of various colleges and departments.

The total number of participants exceeded one hundred people.

The host was Jin Lirong, the office director who just took office last month. He took over the position formerly held by Han Jue, who was promoted to executive vice president, the third-in-command position at Harbin Institute of Technology.

Vice principals also have ranks, and the executive vice principal is the real first person under the principal.

The previous executive vice president was just confirmed to retire in November, so this position can be regarded as compensation for Han Jue.

"Dear Secretary, President, Vice Presidents, Directors, Professors, and Professor Wang, good morning! Welcome to our school's 1981 summary meeting."

While listening to Jin Lirong's speech, Wang Duoyu lowered his head and wrote and drew.

When attending such meetings, formalism is often inevitable, and Wang Duoyu has no choice.

After Liu Deben and Lu Gongliang both gave their speeches, the formal session began, with the heads of the subordinate enterprises starting to speak.

The first speaker was Zhao Jiawei, the person in charge of the "China Cube" game at Huashun Company. This company has achieved great success in the past 1981.

Because this company not only launched the "Chinese Cube" game cartridge, but also launched a handheld game console, and is also a big player in the memory field.

Let’s talk about the “China Cube” game cartridge first. The project was launched with an investment of 5 million RMB in the middle of the previous year, and was completed in late January 1981. In March, it was acquired by Sega of Japan for an agency fee of 80 million US dollars.

Since its official large-scale launch in late March and early April, the "China Cube" game cartridge has been welcomed by the global market, especially in Japan and the United States.

According to statistics as of December 15th, more than 139 million cassettes have been sold worldwide, and Huashun Company's revenue is US$312.75 billion.

The cost of a game cartridge is 80 cents, and it is sold to Sega for US$2.25.

According to the dual-track exchange rate system, one US dollar can be exchanged for 2.8 RMB, so 312.75 billion US dollars can be exchanged for 875.7 million RMB.

The cost was RMB 111.2 million and the profit was RMB 764.5 million.

As soon as these words were spoken, the entire conference room burst into applause and the whole audience was shocked.

Everyone was very excited because the profit was really high.

However, the money is definitely not spent in this way, because it is impossible to convert all of it into RMB, so the profit cannot be calculated.

In addition to this profit, there is also an agency fee of 80 million US dollars.

"There's another problem now. Since October last year, monthly game cartridge sales have been gradually decreasing. We're worried that by March of this year, monthly sales may fall below 10 million."

"Also, handheld game consoles are poised to launch in January, which will likely have a significant impact on game cartridge sales."

"I'm afraid Sega will use sales data to demand we lower our agency fees."

What Zhao Jiawei said made sense, and everyone discussed it and offered suggestions.

After they all finished speaking, Liu Deben looked at Wang Duoyu, hoping that the latter could express his opinion.

"My opinion? It's simple. A win-win situation is definitely the best. If we want this game to sell well, we definitely need to promote it. We can't do anything about handheld game consoles, so we can only think of ways to improve it through marketing and new markets."

"In short, we'll try our best to keep cassette sales above 10 million in the coming months of January, February, March, and April."

What Wang Duoyu said was very pertinent and everyone agreed.

Everyone discussed it again before moving on to the next item.

Next, Yin Wenjie, the person in charge of handheld game consoles at Huashun Company, spoke.

The handheld game console had completed its research and development work in September last year. After nearly one and a half months of testing, the factory had begun mass production and stockpiling of goods.

By New Year's Day, the goods had been put on the shelves in developed countries such as Europe, the United States, and Japan. The specific sales results are still unknown.

Although the results had not yet come out, everyone in the conference room gave Yin Wenjie a warm round of applause.

Then it was the turn of Niu Ruishan, the head of Huashun Company's optical disc storage, to speak.

"We sold a total of 48,700 optical disc drives last year, of which 32,700 were sold at a price of US$9,999, and the rest were sold at a price of US$6,999."

"So the total revenue figure is $438.95 billion."

The selling price of $6999 is due to the previous competition with IBM, there is nothing much to say about it.

In addition to the optical disk storage, there is the HS213 hard disk storage.

This product was only launched in November and encountered IBM's price cut in December, so its sales were okay, but its revenue was disappointing.

As a result, Zuo Yuhe, the person in charge, always kept his head down when making reports.

Even so, the meeting was filled with thunderous applause, and everyone was generous with their encouragement.

The gaming hardware and software and storage have all been reported, and Huashun Company has no other revenue-generating products.

Next, Zhang Jichuan, head of Diao Pai, presented revenue data for motors, electric vehicles, electronic control systems, and lead-acid batteries. Sales of motors and electronic control systems were mediocre, primarily due to high sales volume, low demand, and limited mass market penetration. Consequently, total annual revenue for these two products was only $8.3 million.

Lead-acid batteries did not experience any major turmoil this year, and sales data was relatively stable, especially for the Canadian company, which still fulfilled the contract as scheduled and purchased one million batteries. The revenue of this cooperative unit alone was 85 million US dollars.

There are also data on cooperation with other companies and retail sales. Including the 85 million, the total annual revenue of lead-acid batteries adds up to 537 million US dollars.

"The last category is electric bicycles. Our revenue in the first half of the year was $41.16 million, but in the second half of the year, it was $123 million. This was mainly due to the ongoing inflation and economic crisis in Europe and the United States, coupled with our marketing advertising and word-of-mouth."

Therefore, the total revenue of all products of Diao Pai Company in the past 81 years was US$709.5 million.

Both Huashun Company and Diaopai Company have summarized their revenue data, leaving only Huaxin Company and Huayun Company.

However, Huaxin's public telephones and phone cards have just begun to be introduced to the market, and the revenue data for this year and even in the next one or two years is not very good.

Moreover, this is still for domestic use, and the profits are in RMB, so it’s better not to mention it.

In addition, there is Huayun Company, which is in the same boat as Huaxin Company.

As one of the four major enterprises of Harbin Institute of Technology, although Huayun Company earns both US dollars and RMB, the money is earned in the United States and spent in the United States, so it is difficult to bring it back home.

Huayun Company’s most powerful product is Azure software, which is computational fluid dynamics simulation software.

Although it became available last August, every customer who uses Azure software has to pay an annual fee of $99,999.

The total annual revenue has reached 10.8 million US dollars, but the current profit is almost negligible, barely enough to ensure a balance between income and expenditure.

Who makes Azure need to recruit a large number of foreigners?
And updating some computers and other hardware and software, and renting offices in the United States and other overseas places, etc., all of which are investments.

In other words, the only two companies making money at the moment are Huashun and Diaopai, with a total revenue of US$1.55 billion.

"good, very good"

Liu Deben first gave a summary of the first half:

"Two years ago, in 1980, our total revenue was $164.72 million. This year, it has more than doubled."

The applause in the entire conference room became louder, and almost everyone's palms turned red from clapping.

"But, next up is the Tribulation Conference."

Because what comes next are expenditures, such as radar and director projects.

The radar and director project was launched in March 1980 and was led by Professor Dai Wenyue from the Department of Physics. The project investment was several million RMB.

There are also lithography machine projects, Lotte Group, the sound insulation material project that Professor Lao Yuanchang is responsible for, the drone battery project, etc., as well as expenditures on software and hardware, laboratory equipment, etc. of major departments.

You can't do the calculation too carefully. If you do, the money you earn for the whole year won't be enough.

why?
Because Lotte Group alone withdrew 500 million US dollars, which is 500 million US dollars in real money.

What does Lotte Group do?

The group is confidential, so its name will not appear at the summary meeting.

Of course, it worked with other departments such as the Seventh Ministry of Machine Building and the Foreign Exchange Department, so the level of confidentiality was very high.

In this conference room, only Wang Duoyu, Liu Deben and Lu Gongliang knew about it. Even Han Jue, the executive vice president, didn't know.

Wang Duoyu did not pay much attention to Lotte Group and let Liu Deben and others follow up. Anyway, he gave some guidance, and the specific operations were the responsibility of the higher-ups.

Let’s not talk about Lotte Group, and talk about the lithography machine project.

It is now January 1982. The stepper lithography machine was developed at the end of last month and is currently under testing.

As the person in charge of the lithography machine project, Li Kangmin clearly stated the current progress of the research and development of the lithography machine.

Wang Duoyu remained silent.

If the stepper lithography machine has really been developed, then Harbin Institute of Technology will finally be able to undergo a major update in its computer hardware.

Because hardware innovation is so important.

For example, if the hardware of the library's computer room is not updated, it will be difficult to update software such as paper plagiarism checking and information query.

In the teaching building of the Department of Information Science and Engineering, all students in the department should have a computer, instead of having only dozens or hundreds of computers in one department, and then everyone sharing them.

If we want to cultivate more talents and speed up technological updates at the same time, we must increase investment.

It was previously said that many processors could not be innovated because there were no stepper lithography machines.

Now that the lithography machine project has completed its assigned tasks, the next step should be to produce qualified lithography machines, then produce qualified integrated circuit chips, and then redesign and develop processors based on the existing chips.

When Wang Duoyu first established the handheld game console project, he set up several small sub-projects under this project, but they were later separated.

The first small project was the design and development of processor chips. It was subsequently expanded to cooperate with two scientific research institutions, the 109th Institute of the Ministry of Mechanical and Electrical Engineering and the th Factory of the Chinese Academy of Sciences, to develop a stepper lithography machine.

After a year and a half of work, it was finally developed, and the person who made the greatest contribution was Wang Duoyu.

Because if Wang Duoyu had not pushed for the establishment of this project against all odds and provided technical guidance in the future, it would have been impossible to develop a stepper lithography machine now.

The stepper lithography machine, which is priced at US$450,000 per unit, can also be exported after meeting domestic demand.

"So how much does it cost for your lab to manufacture a photolithography machine now?"

After Li Kangmin finished speaking, Han Jue couldn't wait to ask.

As soon as these words were spoken, Liu Deben and others all looked at Li Kangmin. Everyone wanted to know the manufacturing cost of this lithography machine.

"The laboratory manufacturing cost was 250,000 RMB, but this is not a reference value because the total investment in our project at the time exceeded 30 million RMB, and the value of many of the equipment was already very high."

Li Kangmin said so, and Yao Wenrong beside him added:
"Team Leader Li is right, but we plan to complete all the tests by the middle of this month. Then, by February, we can start debugging the production line, and production should begin in March. By then, we can determine the specific production costs."

Hearing this, everyone nodded.

Based on this cost, it will still be competitive when exported abroad in the future.

However, it is definitely not as competitive as products such as optical disc storage. After all, the US lithography machines are still very powerful.

The United States is the leader in the lithography machine market. They have GCA, and behind it are many upstream suppliers such as Fairchild Semiconductor, which are all strong traditional semiconductor companies.

In our country, although the semiconductor industry is not bad, its technological development is far behind that of the United States. At the same time, we are far behind others in the field of optics.

The development of lithography machines requires more than just semiconductor support; it involves industrial integration of many industries including optics.

After everyone had finished speaking, Wang Duoyu suddenly spoke:
"Let me say a few words, Team Leader Li, Professor Yao, Professor Xue, you are the technical veterans of the lithography machine project. The stepper lithography machine project has come to an end here."

"First of all, congratulations. However, we at Harbin Institute of Technology must be the leader in this field, and technological research and development cannot stop. After the Spring Festival, in April, your entire project department will begin the research and development of new lithography machines."

"We are developing an immersion lithography machine. I hope you can complete this project within six months."

Everyone present was stunned when they heard Wang Duoyu's words.

The immersion lithography machine, which is more powerful than the stepper lithography machine, was developed in only half a year?

Before Li Kangmin and the others could cry out in pain, Wang Duoyu's next words instantly shut them up:

"The immersion lithography machine is actually a type of stepper and scanner lithography machine. The equipment system solution has not changed at all, but a very critical technology has been introduced: immersion-related technology!"

"I won't discuss the specific technical solutions today. We'll discuss it in detail after the Spring Festival, when you've debugged the production line."

hiss!
Hearing this, everyone couldn't help but gasp.

Although Li Kangmin and the others really wanted to know the technical details, since Wang Duoyu had already said so, everyone had no choice but to shut up.

Apart from speaking about the lithography machine, Wang Duoyu did not speak afterwards.

After all, today is the summary meeting, not the time to talk about other things.

After the meeting, everyone's mood had completely calmed down.

Although it seemed that a lot of money was made in the past 1981, after calculation, there was not much money left.

Although Wang Duoyu only spoke a few simple words, his first words were a bombshell.

The photolithography machine project has always been a big money-making business, and Wang Duoyu must be holding back on some big moves, but he just didn't say it at the conference.

"Duoyu, let's go to my office and talk."

As soon as he walked out of the meeting room, Wang Duoyu was taken away by Liu Deben.

Lu Gongliang also came, but Han Jue did not come.

In the secretary's office, after Wang Duoyu and the other two sat down, Liu Deben spoke:

"Just now at the meeting, I saw that you had a lot to say, Duoyu. Now you can speak freely."

Lu Gongliang, who was sitting next to him, immediately smiled and echoed:
"Yes, you made so much money last year. Professor Wang, I guess you already have a plan for spending it, right? Tell me about it."

Upon hearing this, Wang Duoyu rolled his eyes and said:

"Isn't it easy to just spend money? Lotte Group has already spent $500 million, and now more than half of it is gone in an instant. What else is there to say?"

"But Lotte Group is, after all, a project led by our Harbin Institute of Technology. Secretary, President, you must pay more attention to this. This is related to our Harbin Institute of Technology's century-long plan, and there is no room for error."

Liu Deben and Lu Gongliang immediately stopped smiling and nodded solemnly.

This is inevitable. Five hundred million US dollars is definitely not a small amount.

What's more, the higher-ups will certainly be very concerned about the most important point, which is the safety of funds and assets.

Five hundred million U.S. dollars were invested in three major sectors: the real estate market, the financial market, and the ocean shipping business in Tokyo, Japan. The former and the latter are not so difficult to deal with because they are both industrial investments.

But the financial sector business in the middle does not involve any real industrial transactions. It is like gambling. If you are not careful, you will be doomed and the losses will be heartbreaking.

After chatting for a while, Wang Duoyu finally started to talk about spending money.

"The first is research projects such as lithography machines. This year, Harbin Institute of Technology will establish more research projects. At the same time, we have to set aside 50 million RMB in research funds for other professors or for emergency use."

"The second is to update the equipment in our school's laboratories and the hardware in each department, which also requires a lot of funds."

Wang Duoyu proposed to invest in computers according to needs in several major departments, including the Department of Information Science and Engineering, the Department of Mathematics, the Department of Aeronautics, the Department of Mechanical Engineering, the Department of Materials Science, the Department of Materials Science, and the Department of Biology, and to invest as many as possible in one hundred computers in each department.

Among them, the two major departments, the Department of Information Science and Engineering and the Department of Aeronautics, must provide all teachers and students with a computer.

After these words were spoken, Liu Deben and Lu Gongliang were stunned for a moment. How much would this cost?

Although Harbin Institute of Technology manufactures its own hardware, such as memory, processors and other hardware, its affiliated companies can also manufacture them and the cost will not be very high.

And the software level can also solve those system installation problems, but other hardware still needs to be purchased from outside.

In this way, even if we calculate based on the most common computer configuration, the cost of each computer is at least 5,000 RMB.

In this era, the purchasing power of 5,000 RMB is still very impressive.

In addition, there is another point that needs attention: power consumption.

At this time, the ice city still consumed a lot of coal resources because it needed to provide collective heating for the city, as well as electricity and honeycomb coal for every household.

Although gas cylinders have been promoted since the 1970s, many families still use honeycomb coal.

On the other hand, problems such as aging of circuit lines and power transmission are also very serious. This is mainly because the technology at that time was still very backward, so there were many problems in power supply and use.

For Harbin Institute of Technology, investing in so many computers is a huge expense, as is the electricity consumption.

Liu Deben and Lu Gongliang were a little reluctant for a while, after all, the Department of Information Science and Engineering and the Department of Aerospace Science and Engineering have a total of more than 1,500 people.

Based on the cost of 5,000 RMB per computer, this is 7.5 million RMB.

Not counting the investment in computers from other departments and other equipment, such a round of equipment upgrades would require an investment of at least tens of millions of RMB?
Seeing that the two patriarchs disagreed, Wang Duoyu spread his hands and said:
"Secretary, Principal, you can't catch a wolf without risking your child. If you want to gain something, you must invest."

"For example, our teachers and students in the Information and Communications Engineering and Electronic Science and Technology programs also need to be exposed to new technologies and equipment. Otherwise, how can we continue to develop new products like cordless phones?"

"Without new products, how can we at Harbin Institute of Technology develop space missiles? Let alone launch our own satellites?"

Liu Deben and Lu Gongliang were dumbfounded. Aerospace and missiles were easy to master, but launching a satellite of their own?
My goodness, the cost of a low-Earth orbit satellite is not cheap, at least 10 or 20 million RMB.

The cost of synchronous orbit satellites is in the billions.

Wang Duoyu said that Harbin Institute of Technology will launch a satellite in the future?
Is this a joke?
But they looked at Wang Duoyu's serious expression, as if he was serious.

How to do?
Let’s not talk about such far-reaching topics for now. Let’s just get down to business and do the job at hand first.

For more than an hour, Wang Duoyu and Liu Deben continued to talk about the investment and construction of Harbin Institute of Technology.

Last year, the university made a profit of 1.5 billion US dollars. After deducting the 500 million US dollars invested in Lotte Group, there is still 1 billion US dollars left. 500 million of this money needs to be handed over to the higher authorities, and the remaining 500 million US dollars is for Harbin Institute of Technology to use at its own discretion.

However, part of the US$500 million needs to be used as the cost of those products and services.

For example, Huayun's Azure company in North America needs to pay salaries to employees stationed abroad, which are all costs.

Therefore, in reality, the foreign exchange that Harbin Institute of Technology can freely dispose of is only 230 million US dollars.

Even so, this is a huge amount of money.

It is impossible for schools like Peking University and Tsinghua University to have such a large amount of funds.

Of course, in addition to foreign exchange, Harbin Institute of Technology still has a large amount of RMB in its account.

Although the sales of products and services such as electric bicycles, batteries, and simulation software in China are not as hot as those abroad, they still make a lot of money.

For Wang Duoyu, he must spend the money he earns, otherwise he will not be able to earn more.

The UAV project was handed over to the Qianyuan Laboratory under Chengfei Company, but some research and development tasks such as batteries were still completed by Harbin Institute of Technology.

Therefore, these projects also require continuous investment of funds.

There is a lot of work to do, and when I am busy, I don’t notice the passage of time.

After Wang Duoyu and the others finished chatting, they realized that lunch time had already passed.

In the afternoon, Wang Duoyu returned to his office. Yang Xiuhua came once and said it was about the final exam.

Since Wang Duoyu taught two classes and had courses, Yang Xiuhua didn't know that these two classes actually didn't have any so-called exams.

If there is an exam, it is the essay.

Just as the students of Harbin Institute of Technology started their final exams, someone came to Wang Duoyu's home.

(End of this chapter)