Xue Minglou left the conference room of the annex building with Jiang Minzhi. Jiang Minzhi's office was on the sixth floor of the main building. The corridor between the main building and the annex building was dark and narrow, and the offices on both corridors were closed. I don't know what the provincial government staff kept them tightly in the office.

The moment he left the conference room, there was still a smile on his face. He turned around and coughed gently, as if the smile on his face also fell apart between the light coughs. When he passed through the aisle, Jiang Minzhi had a gloomy face, and Xue Minglou followed Jiang Minzhi without saying a word.

Li Yuanhu recently let go of the issue of Liu Wentao's mobilization, and also hinted that he would not interfere too much in the work arrangements of the provincial government. Jiang Minzhi thought that the pressure from the Chen Qibin case and the Yunlin Securities case made Li Yuanhu's position loose, thinking that this was his first big victory after he arrived in the East China Sea. He had asked Lu Wenfu to attend this afternoon's meeting, mainly to adjust Lu Wenfu's in charge of education in the future. After Liu Wentao was transferred to the province, he took over Lu Wenfu's previous management field. Jiang Minzhi thought he had won a certain initiative in the East China Sea. Jinhu's generous donation today made him feel disappointed. In particular, Li Yuanhu personally called him to attend the afternoon meeting.

When he arrived at the office, Jiang Minzhi held the door handle, hesitated for a moment before instructing Xue Minglou: "If there is nothing serious in the afternoon, I will help you turn it off."

"Yes." Xue Minglou nodded and responded, watching Jiang Minzhi walk into the office in the inner room. He walked back to his desk and pulled out the information from Kumho from the computer to see.

Eighty million US dollars is 650 million RMB.

Today, when the total annual budget for financial appropriations for universities in the province is still only 1.6 billion yuan, Kumho will inject more than 600 million yuan into the university discipline construction promotion fund this year, and the budget for next year will be as high as 800 million yuan. This alone is enough to block all complaints about Kumho now.

No one can refuse Kumho's generous donations, and Kumho is stronger than anyone imagined. At least Jiang Minzhi should not find an opportunity to attack Kumho during his term as governor. Even if Liu Wentao is transferred to the province to replace Lu Wenfu, it will actually play a very limited role in Kumho.

The phone call at Li Yuanhu at noon was really interesting. It undoubtedly told Jiang Minzhi that he could not cross some boundaries in the East China Sea.

Xue Minglou looked at the information displayed on the computer screen and rubbed his temples.

At the beginning of the year, some media quoted Ding Huai, the general manager of Ida Group's technology, saying that Oak Park's scientific research budget this year will reach US$400 million, which caused a burst of surprise and noise at that time. According to data collected by the Information Industry Department, Ida Group's sales in 1999 were close to 20 billion, ranking in the top 100 electronics list, with net profit reaching 4 billion. Kumho almost took out three-quarters of its profit, and 16% of its sales were invested in new technology research and development. Some media even commented that Kumho was a bit stubborn in technology investment.

It now seems that these data have been severely dehydrated. Not only is the scientific research budget severely shrinking, Xue Minglou believes that the sales revenue and annual net profit data of Aida Group released by the Ministry of Information Industry have also been severely shrinking. Perhaps the Ministry of Information Industry knows that Kumho is cheating on the data, maybe they need Kumho is cheating on the data, so that Huaxia Electronics can maintain the top 100 electronics list.

Jiang Minzhi wanted to check the tax data of Kumho in China, of course he could find it. Unfortunately, in the complex corporate member system of Kumho, almost half of the companies are registered overseas. It is extremely difficult to check the financial data of Kumho overseas companies.

Kumho's domestic tax data is basically consistent with the financial data disclosed by Kumho, which creates an illusion for others, that is, many overseas companies registered by Kumho are just tool-type companies, perhaps for the convenience of cross-holding. At this time, it seems that these companies are not all shell companies, but are hidden in the dark for various reasons.

Xue Minglou thought of another possibility. If the domestic suppression of Kumho is too clumsy and causes a strong backlash from Kumho, will these overseas companies hidden in the darkness be exposed to the surface to play a role?

It is said that Ida is the core enterprise of Kumho. From another level, Kumho Commercial is the core of Kumho. Kumho Commercial was headquartered in Hong Kong since its establishment, probably also wanted to use the different legal systems of Hong Kong and the mainland.

At the beginning of the establishment of the Oak Park, the route of integrated development of industry, education and research was determined. Kumho could not introduce high-end talents from overseas without restrictions. The cultivation of local talents is the fundamental, and the scientific research forces of universities should also play an application role.

Whether it is Zhang Ke or other senior executives in Kumho, they all realize that Aida Group will pay more attention to the development of applied technology and thus ignore more basic scientific research. This is almost inevitable. All member companies in Kumho must turn around the driving axis of profit, which will inevitably limit their vision and cannot see a longer-term development direction - universities should play a more important role in basic scientific research and training of high-end talents.

Although Dongda University is ranked among the top domestic universities, with a history of hundreds of years and many cultural and academic celebrities have emerged, there is still a huge gap compared with world-class first-class universities.

Whether it is related training systems such as the dual-conductor system or related scientific research and entrepreneurship incentive systems such as the Oak Park Entrepreneurship Fund, Kumho has made many attempts in the integrated development of industry, academia and research, and has done a lot of basic work and achieved great results. Now it is time to promote the rapid development and regularization of related work. This is why we have made a decision recently to establish a university discipline construction promotion fund under the name of Oak Park. A certain proportion of scientific research fund budget is used to inject it into the fund every year, mainly to help Dongda University grow into a world-class research university, and to make Dongda University a real foundation that Kumho can rely on in the future.

Before Li Hongming participated in the meeting in the afternoon, he only hoped that Kumho's donations would remain at the same level as the previous academic year, so that Dongda University would have a relatively relaxed budget environment for the next academic year and could do a few more things. Who would have thought that Kumho would inject 80 million US dollars into the discipline construction promotion fund in the second half of the year, which is almost the sum of Dongda University's annual income.

Li Hongming and Chen Xinsheng had initially exchanged views. The Discipline Construction Promotion Fund was to help Dongda University develop into a world-class first-class university as soon as possible. Most members of the fund review committee selected from Dongda University professors. Chen Xinsheng did not tell Li Hongming that the fund investment accounts for the Oak Garden's scientific research budget, but only promised him that the investment will not be less than 800 million US dollars within five years.

Chen Xinsheng, Zhang Ke and Ye Xiaotong had a meeting inside the Oak Garden in the afternoon, so they left by car first.

After a long time, Li Hongming's mood calmed down a little. He got into the car and complained loudly to Cui Guoheng and Qin Gang, "You two, you were sloppy before coming here!"

Qin Gang spread his hands and said, "I heard that it has not changed much from last year, but I don't know that the donations from the Aida Culture Fund last year are also included."

Last year, Kumho donated 200 million yuan to the university education system and 400 million yuan to establish the Ida Culture Fund, totaling 600 million yuan, which is almost the same as 80 million US dollars.

"I really don't know the details," Cui Guoheng said with a smile. "In June, the Administration Office will issue an assessment report on the investment of domestic universities in ten years of school management. We predict that Tsinghua University's school management funding will reach 600 million US dollars in ten years, and Dongda University will only reach about half of Tsinghua University's level."

"Our current investment in school management is only half of Tsinghua University," said Li Hongming. "But with the supplement of the discipline construction promotion fund, this gap will be smoothed out."

"Kumho probably means that," Cui Guoheng said, "I didn't explain the amount at the beginning. I just discussed whether the donations were concentrated to Dongda University or to various universities. In the end, I decided to concentrate them on Dongda University, because Dongda University has more autonomy in running schools, and with this fund, I can do more tentative work. If Dongda University develops into a world-class first-class school before Tsinghua University, then Dongda University's experience will have more guidance..."

Li Hongming stroked his forehead and thought about some questions. He had never considered getting so much money from Jinhu before. He had made a bold plan for the five-year school funding investment of Dongda University, which was only 800 million US dollars or more. The direct allocation from the central and provincial governments would not exceed 3.5 billion yuan, and the tuition income would not exceed 500 million yuan, which means Dongda University would need to raise 3 billion yuan of school funds by itself. Considering that Dongda University has such a large social influence and the work of the school-owned industrial investment group in the past two years has been effective, although it is difficult to raise 3 billion yuan of school funds by five years, it is not impossible.

Li Hongming often jokes that he is a disciple of the Beggars' Gang and thinks about asking for money all day long. Unexpectedly, Jinhu promises to inject 800 million US dollars into Dongda through the discipline construction promotion fund within five years. If he can have this huge budget within five years, Li Hongming will be confident that he will lead Dongda to impact Tsinghua University's domestic and international status.

Qin Gang said very little, and it involved Dongda University's future development plans. No one asked him about it, so he naturally couldn't interfere. He never thought that Jinhu would invest such a large amount of money in Dongda University before, and he felt relieved when he thought about it.

He knew that Oak Park's scientific research budget this year is about 800 million US dollars, and the scientific research budget within five years is as high as 6 billion to 80 US dollars. This is a terrifying figure, but it must also meet this standard. Aida Group can truly enter the ranks of world-class electronic companies in five years. Within five years, profits in consumer electronics industries such as digital mobile phones and portable music players will also support Kumho to make such a large-scale investment in scientific research. If it is to support Dongda University to develop into a world-class university as a long-term strategy for Kumho, it is a suitable proportion to take out a 10% budget from the scientific research funding.

In addition to Oak Park and other member companies of Kumho directly attract high-quality talents from Dongda University and conduct extensive technical cooperation with various departments and laboratories of Dongda University, Oak Park Entrepreneurship Fund, Oak Park and Quantum Online, Dongda Chuangyuan, Dongda Technology Corporation jointly established a number of technology-based entrepreneurial support funds, almost all of which are based on Dongda as talents and technical support. The total asset scale of these funds has exceeded 5 billion. As long as Dongda University directly promotes the asset increase of these funds to exceed 6.5 billion yuan in the future, then Kumho invests huge amounts of funds to Dongda for five consecutive years, it will be a full return.

Of course, what Kumho is doing now is to allow Dongda University to directly participate in these technology-based entrepreneurship support funds. Oak Park Entrepreneurship Fund also provides financing services to entrepreneurial enterprises under Dongda Technology Corporation, not only to make the cooperation between the two parties closer, but also to hope that Dongda University can directly obtain more direct returns from this cooperation model and gain a broader channel for Dongda University's educational funding sources.

The establishment of the university discipline construction promotion fund needs to solve a series of problems. Kumho hopes that Li Hongming and Cui Guoheng will jointly recommend the members of the committee. Of course, there are also a group of scientists on the Oak Garden to join the committee member list. The fund management rules, especially the annual fund allocation standards and evaluation rules, must be discussed and decided with the Oak Garden after the committee is established.
Chapter completed!