I'm in the county town, and you say I'm a big shot?

Chapter 827 The Galaxy Loom Emerges, Ushering in an Era of Giants for China's Commercial Aerospace!
Once the company's equity structure is determined, everything else is easy to handle.

The newly established Galaxy Loom Technology Co., Ltd. ultimately decided to locate in the Zhangjiang Science and Technology Innovation Park in Pudong.

This area is home to numerous high-tech enterprises, which can not only attract top talent to the company but also allow it to enjoy preferential policies such as tax breaks and R&D subsidies for aerospace technology companies. The board structure has been finalized: it will consist of seven members, with two directors nominated each by Tuofang Technology, Alibaba, and Tencent, and one independent director.

Fang Qingye immediately recommended Professor Yang Weikang, who enjoys a high reputation in the field of satellite communications. After listening to Professor Yang's impressive resume—a retired expert from the Fifth Academy of Aerospace Science and Technology, an outstanding national satellite orbit designer, and the person in charge of designing the lunar orbit of the Chang'e-1 satellite, etc.—the two "Mas" smiled at each other and expressed no objection.

The specific candidates were quickly determined: Wang Yang, CEO of OKMicro Aerospace, and Zhang Changzhang, CEO of LandSpace, will represent Topway Technology and Alibaba respectively on the newly established board of directors of Galaxy Loom, each holding one seat.

Meanwhile, the management structure has also emerged: Wang Yang will concurrently serve as CEO of Galaxy Loom, Zhang Changwu will serve as COO, and Ma Huateng has sent Hu Min, the CFO of the new company, who is known for his shrewdness and competence and is in charge of the Technology and Engineering Group of Tencent Group, to serve as CFO of the new company and to represent Tencent on the board of directors.

At this point, the initial framework was established.

Fang Qingye, who had been sipping his tea, put down his cup and asked, "So, who will be the chairman of the new company?" His gaze swept across the faces of the two bigwigs opposite him.

Unexpectedly, the two spoke almost simultaneously, pointing their fingers at him at the same time: "You!"

"Me?" Fang Qingye was surprised. "I never intended to join the board of directors... Aren't you two coming in?"

"No!" The two voices overlapped again, resolute and firm.

"If none of you are going in, why do you insist on me going in?" Fang Qingye retorted.

"You're young." Ma Huateng pushed up his glasses, his face bearing his usual slightly shy smile.

“Pony is right.” Ma Yun calmly picked up her celadon teacup, blew on the floating leaves, took a leisurely sip, and then continued:
"You're only in your early thirties, full of energy and quick-witted. It's the perfect time for you to expand your territory and make great strides. If you don't take on this responsibility, do you expect this old man who's already retired to come back out of retirement and shoulder it all?!"

Fang Qingye was speechless upon hearing this.

Now you call yourself an old man? Who was it that used to frequently cross oceans, either having dinner with political figures in Western Europe, discussing business models in Japan, and occasionally traveling to Southeast Asia to talk with international friends? You had more energy than many young people. How come I've never heard you say the word "old" even once?

"Then I'll recommend my wife, Bai Ou, to be the chairperson, is that alright?" Fang Qingye tried to make a last-ditch effort.

"No! It has to be you!" The two voices were in perfect unison for the third time, leaving no room for negotiation.

Seeing that she couldn't refuse, Fang Qingye took a deep breath and stated her conditions: "Okay, I can take the position. But both of you must be on the board of directors! Even nominal appointments are fine!"

The two men exchanged a glance, quickly conveying their opinions. Since they already had their respective representatives on the board, they didn't need to be involved in every aspect of daily operations. However, Galaxy Loom's strategic layout for the next ten years was crucial, and they would inevitably need to make the final decisions on truly important matters. Having a nominal role was perfectly acceptable.

So, the two nodded slightly almost simultaneously, indicating their agreement. With the most crucial personnel issue resolved, the subsequent conversation went much more smoothly. The three then exchanged opinions on specific issues such as the company's initial technology roadmap, the pace of capital investment, and marketing strategies, in a harmonious and pragmatic atmosphere.

The conversation in the pavilion, which concerned the future landscape, finally came to an end at five o'clock in the afternoon, when the sunlight outside the window softened.

That evening, Fang Qingye hosted a banquet in her quiet nursery. There were no delicacies, just simple black rice porridge, freshly baked sesame cakes, and a few dishes of home-style stir-fried white tea and stir-fried eggs with chives.

Unexpectedly, this simple, rustic meal whetted the appetites of the VIPs who were used to fine banquets. They all praised the authentic taste and said they enjoyed it very much.

After spending a night in Nanxin, the two Mas set off separately at dawn the next day. One went to Shanghai to deal with backlogged official business, while the other returned to Hangzhou to continue steering the empire.

Fang Qingye also rushed back to Shanghai in the afternoon and urgently convened all senior executives of Tuofang Technology and OK Micro Aerospace to convey in detail the spirit and decisions of this "three-person meeting" and asked both companies to fully cooperate with the initial work of Galaxy Loom.

The clinking of teacups in the pavilion still lingers in my ears, but a storm about to sweep across China and even the global commercial aerospace and internet sectors is quietly brewing and poised to erupt in this seemingly ordinary daily life.

Just a few weeks later, a bombshell announcement shook the entire industry and quickly spread through the tech world, attracting nationwide attention: Galaxy Loom Technology Co., Ltd., founded by three influential figures in the Chinese business world—Fang Qingye, founder of Topway Technology; Ma Yun, founder of Alibaba; and Ma Huateng, founder of Tencent—was officially registered in Pudong.

As discussed in the pavilion that day, the company's shareholding structure is as follows: Fang Qingye's Tuofang Group and Ma Yun's Alibaba Group each hold 35%, while Ma Huateng's Tencent Group holds 30%. The company announced its ambitious goal: to build a global "network" low-Earth orbit satellite internet constellation system, aiming to provide high-speed, stable, and inexpensive broadband access services to global users, especially in remote areas where traditional networks are difficult to cover.

The news immediately topped the trending lists on major news websites, financial channels, and social media.

"The emergence of Galaxy Loom marks the beginning of a new era of giants in China's commercial aerospace industry!"

"The rare collaboration between the two major Malaysian financial groups and one major financial institution means that 'launching a satellite' is no longer just a metaphor!"

"Breaking News! China's version of 'Starlink' officially launched, aiming for global coverage!"

The entire internet erupted instantly, with discussions, exclamations, and doubts all mingling together:
"My God! This lineup is an absolute dream collaboration! It's the pinnacle of the Chinese internet and aerospace industries, isn't it? Are they going to join forces to usher in the next era?"

"In the future, when we place orders on Taobao, chat on WeChat, order takeout, or watch pretty girls on Douyin, will the signals all come directly from those thousands of satellites in the sky? I'm getting a little excited just thinking about it."

"Practically speaking, this is a huge benefit for network coverage in remote mountainous areas! My hometown is in the mountains, and the signal has always been bad. Will I be able to watch videos smoothly in the future?"

"Without a doubt, this marks the beginning of a new era for China's commercial space industry! This is absolutely the most powerful force after the national team in terms of funding, technology, market, and ecosystem integration capabilities."

"It feels like Musk's Starlink has met its match this time. It's not necessarily that it will be surpassed in technology immediately, but the user base, application scenarios, and ecosystem closed-loop capabilities of Tencent, Alibaba, and Tuofang are too terrifying. Once it is launched, the market expansion speed may be beyond imagination."

Of course, amidst the cheers, there were also calm criticisms:
(End of this chapter)