Restart life

Chapter 115 0112 [Passionate Young Entrepreneurs] (Bonus chapter for the Alliance Leader, Qidian's Eight Million Great Eagle Knights Chief Instructor)
The new innovation center is still under renovation; Chen Guiliang signed the loan agreement at the old innovation center.

A leader, probably in his fifties, came to the Peking University Science Park incubator company. Let's call him Teacher Li.

Wang Kai helped secure two types of basic seed loans:

First, ordinary debt loan. Amount up to 50 yuan, annual interest rate of 2%. Interest only needs to be repaid within two years, and all principal and interest must be repaid within five years.

Second, convertible bond loans. The amount is 80 yuan (specially approved), with an annual interest rate of 0%.

Chen Guiliang chose the first option.

After the loan agreement was signed, Chen Guiliang shook hands with Teacher Li, while Wang Kai stood beside him smiling and clapping.

Not only did a reporter from the school newspaper come, but a reporter from the school television station also came.

Of course, the school television station had few viewers, and its influence was far less than that of the school newspaper.

Both groups of reporters conducted brief interviews with Chen Guiliang; this kind of thing is mainly used to highlight the achievements of the leaders of the science park.

"You're young and promising! I wish you all the best in your endeavors!" Teacher Li said with a beaming smile.

Chen Guiliang said, "We also need to rely on the support of our leaders."

After exchanging a few more pleasantries, Teacher Li hurriedly left, presumably to attend to some other matters.

Chen Guiliang prepared "travel expenses" for the reporters—well, one set of the card game "Three Kingdoms Kill" for each of them. If they didn't have a Renren (校内网) account, he also gave them a Renren invitation code.

After seeing the reporters off, Chen Guiliang rushed off to the Science and Technology Park Building.

The first and second floors serve as public service areas and exhibition spaces. These include a lobby, meeting rooms, a café, park management offices, and some areas dedicated to showcasing company achievements.

Chen Guiliang's company is on the third floor.

This floor is primarily geared towards student startup teams. The offices are very small, ranging from 20 to 50 square meters each. The rent is extremely low, even rent-free (Chen Guiliang could be rent-free if he chose convertible bond financing).

The fourth floor houses joint university-industry laboratories and companies founded by alumni.

The fifth floor houses companies in the science park's self-operated incubator projects.

The sixth floor and above are office areas for established companies; I heard that Peking University Founder Group is also moving here.

Chen Guiliang rented two adjacent offices, each with an area of ​​50 square meters. The total annual rent for both offices was only 24000 yuan.

No more can be rented; one room per project, and the lease can only be for three years.

Three years later, if the company grows, it will have to move to the sixth floor or above, at which point the rent will have to be restored to normal.

If the office space is insufficient within three years, you can apply to add an office or move directly to the sixth floor or above.

"How long will it take to finish installing?" Chen Guiliang asked, standing at the door.

Ao Yanchen said, "It will take at least 8 days, maybe 10. Simple renovations won't take long. Once the office facilities are in place, we can move in after a few more days of airing out. Did you get the loan?"

“It’s signed,” Chen Guiliang said. “The money will arrive within a week.”

Ao Yanchen breathed a sigh of relief: "It's good that you have money. I'm afraid... never mind, I won't say anything unlucky."

Chen Guiliang asked, "I saw that the company next door is also doing renovations. What company is it?"

Ao Yanchen said, "The company jointly founded by the faculty and students of the School of Education is called 'Weiming Interactive,' and it's an online education platform."

"They really dare to dream," Chen Guiliang remarked.

Ao Yanchen lowered her voice: "Do you think they're going to fail?"

Chen Guiliang said, "I wish them success."

The company next door, Weiming Interactive, was started by teachers and students from the School of Education. Later, due to limitations in bandwidth and payment technology, online education simply couldn't take off, and they eventually transformed into a service provider for university teaching management systems.

Ao Yanchen said, "There are two other companies upstairs that are also under renovation. One is called Kexin Biotechnology, which does gene testing and biological reagent research and development. The other is called Kangliming Medical, which makes medical image analysis software."

“It sounds more high-end than ours,” Chen Guiliang laughed. “I’ll travel around and visit people.”

He first went to the online education company next door, where only a senior student was overseeing the renovations.

"Hello, senior, I'm from ByteDance and Game Science next door. My name is Chen Guiliang." Chen Guiliang stepped forward and shook hands.

Perhaps because the company was newly established, this senior student was in high spirits and full of confidence, smiling so much that his tonsils almost showed: "Hello, hello, I've heard so much about you. My name is Zhai Bo, a senior in the School of Education."

"Senior Brother Zhai has great vision; online education is very pioneering in China," Chen Guiliang complimented.

Zhai Bo said, "I'm just a small shareholder, here to oversee the renovations. The other shareholders are all very busy; there are teachers from the School of Education, and also senior students who are currently pursuing graduate studies."

Chen Guiliang rambled on for a few more minutes and exchanged phone numbers with his senior.

Zhai Bo said, "Your Three Kingdoms Kill game is quite famous. Someone in my dorm next door plays it. But what's Renren.com for?"

Chen Guiliang gave a brief explanation and then gave Zhai Bo an invitation code.

After finishing the conversation, he prepared to go to the fourth floor to take a look.

When the elevator doors opened, seven or eight students poured out.

Chen Guiliang didn't enter the elevator, but curiously followed these people.

A mature-looking student pointed to the unfinished office and said, "This is our company address. I'm already contacting the renovation team."

Wow, the office is huge, it must be 30 or 40 square meters!

"This is where our dreams take flight. Brothers and sisters, the historic moment has arrived!"

"I want the window seat."

"..."

These senior students were very excited, even gesturing wildly as they spoke.

Chen Guiliang asked, "What kind of company are you going to start?" "Haha, I know you. You're Chen Guiliang!" a senior student said.

"Greetings, senior brother. What kind of business are you here for?"

"Academic publishing".

"what?"

Chen Guiliang thought he had misheard. Peking University Science Park could incubate publishing companies?
A senior student passionately recounted, "We specialize in collating ancient books and printing academic manuscripts. By the way, we are students from the Chinese Literature Department and the History Department."

Chen Guiliang said, "I also like Chinese language and history. I wish your publishing company a prosperous and thriving future."

"Haha, I appreciate your kind words, and I wish you a prosperous business as well." The senior students beamed with joy.

Looking at these spirited students, Chen Guiliang could imagine their frustrated expressions after their entrepreneurial failures.

Specializing in the collation of ancient books and the printing of academic manuscripts...

They're amazing if they can stick to it for a year.

The fact that Peking University Science Park was willing to give such a doomed project a chance only shows that the university truly supports student entrepreneurship.

This company was called Boya Bookstore, and of course it went bankrupt later and was taken over by Peking University Press.

Chen Guiliang asked them for their phone number, then went upstairs to continue wandering around, where he saw a young man pacing back and forth.

"Hello, senior brother, my name is Chen Guiliang, and my company is downstairs." Chen Guiliang stepped forward to greet him.

The young man said, "Hello, my name is Zhang Ping, a shareholder of Qingniao Kexun. I'm here today to choose an office. What's your company called?"

Chen Guiliang said, "One is called ByteDance, and the other is called Game Science."

"You run two companies all by yourself? You're about to graduate, aren't you?" Zhang Ping was extremely surprised.

Chen Guiliang said, "I'm a freshman."

Zhang Ping: "..."

Zhang Ping graduated last year.

After chatting for a few minutes, Chen Guiliang was speechless. Another person involved in online education.

The company's name is Qingniao Kexun.

However, the founding team was not from the School of Education, but was led by graduates from the Department of Computer Science.

Upon learning that the company's founding team consisted entirely of computer science graduates, Chen Guiliang immediately asked for their contact information.

Once this company goes bankrupt, maybe we can take the opportunity to hire a few programmers.

"Brother, you're really awesome! You dared to start a business in your freshman year and even run two companies at the same time," Zhang Ping said with genuine admiration. "Our company became an incubation project last year, and it's still barely surviving."

Chen Guiliang asked curiously, "You've been doing online education for a year already?"

Zhang Ping nodded: "It's too difficult. The internet speed is too slow, and topping up is very troublesome. Our project has been losing money. The loan we applied for has been used up, and now we can't even pay salaries. We also need everyone to take on outsourced projects to make money to support the company."

These words left Chen Guiliang somewhat silent.

The company is unable to make a profit, its loans have been exhausted, and employees are not receiving salaries but are instead forced to work to support the company...

Powered by love.

Chen Guiliang asked, "Is it just the founding team left?"

“Yes,” Zhang Ping nodded, “Fortunately, the teachers in the science park have been supporting us as always. Now that we’ve moved to the new building, the office is rent-free. We can only do a sloppy job with the renovations; I reckon the shareholders will have to do the plastering themselves.”

Chen Guiliang asked curiously, "Continue with online education?"

Zhang Ping shook his head and said, "Online education probably won't work. We plan to switch to becoming a corporate training SaaS service provider."

"I wish you good luck," Chen Guiliang said, shaking hands.

"I wish you all the best in your business venture," Zhang Ping asked. "May I visit your company?"

"Welcome."

As the two took the elevator downstairs, passing by Weiming Interactive Company, Chen Guiliang whispered, "This is also an online education company, but it hasn't opened yet."

Zhang Ping stared at Weiming Interactive, which was under renovation, with a look that suggested he was looking at a dead man: "I hope they can succeed and not follow our old path. With China's terrible internet speed and payment system, it's too difficult to do online education."

Chen Guiliang's two companies were still under renovation, and there wasn't much to see. Zhang Ping was just there to get acquainted with them.

We're all alumni; who knows, we might be able to help each other out someday.

After chatting idly with Zhang Ping, Chen Guiliang went upstairs to look at the high-tech company.

One company had even put up a sign that read "xxx Biotechnology Laboratory," a name that sounded incredibly prestigious. But upon closer inspection, it turned out to be run by doctoral students from the School of Life Sciences.

Regardless of what he did, Chen Guiliang always went to ask for phone numbers.

Chen Guiliang toured the third, fourth, and fifth floors and was truly amazed to see all sorts of businesses operating there.

He estimates that most of these companies will die within two years.

Even if it doesn't die, it must transform and change its existing main business.

Many students, and even teachers, start businesses very blindly. But Peking University Science Park is willing to support them, and quite a few have even received seed funding loans.

This year, Peking University Science Park has indeed been developing too rapidly.

Chen Guiliang returned to his old office, convened a meeting, and announced the official launch of the "Campus Beauty Pageant Project".

(End of this chapter)