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Gu Binglin's face instantly turned ugly. In his opinion, Xia Jingxing was simply trying to make things difficult for others!

If Aoki University had the financial resources, if we didn’t create a college of integrated circuits on our own, we would still need to stoop down and cooperate with outside companies?

“Mr.

Many old professors often come to my door and ask me for R\u0026D funds.

When I look at them, I hide away! "

Xia Jingxing sneered in his heart. Didn't he care about the tuition fee exemption just now?

Oh, that's right, if tuition is reduced or exempted, it means that it cannot go into the school's pocket, so it doesn't matter whether it is exempted or exempted.

The reason why he requires Aoki University to provide financial allocations to the School of Integrated Circuits every year that is no less than the donation from the Renaissance Industry is that the purpose is simple, no one cares about free things!

If the school does not spend money and companies only take advantage of it, it is difficult to say what the School of Integrated Circuits will develop into.

Therefore, his request for school funding is not a purpose, but a means to make Aoki University pay attention to the School of Integrated Circuits.

"In addition to financial allocations from superiors, Aoki can also receive large donations from all walks of life every year, right?"

Fu Binglin shook his head and said: "Mr. Xia, you misunderstood! Most of these donations are earmarked funds and are used to build various scholarships or fund certain scientific research projects.

It is impossible and impossible for us to use those donated funds. "

Xia Jingxing looked at Fu Binglin with a half-smile, and said, "Don't we still have school assets? The worst we can do is sell the school assets. No matter how poor we are, we can't afford education!"

Fu Binglin was speechless and cursed in his heart.

Is this human language? Selling off school property is equivalent to selling off assets.

If he dares to do this, I'm afraid a lot of old-timers will jump out and point fingers at his spine.

Fu Binglin looked at Deng Feng, Chen Datong and Wu Ping who were sitting aside. This is Mr. Xia who you call "thick eyebrows, big eyes, unrivaled benevolence and righteousness"!

Your alma mater was forced to sell off your ancestral property, and you students didn’t even say a word.

Chen Datong coughed and said: "Mr. Xia, Qingmu's school assets are accumulated by generations of Qingmu people and are the lifeblood of Qingmu University.

This is the same reason that farmers in ancient times liked to store grain in good years so that there would be surplus grain to eat in famine years.

With the rapid development of society, more and more funds are required for scientific research projects. Aoki University cannot just rely on funding from superiors, but must also learn to be self-reliant.

The existence of school assets actually ensures that the school can carry out scientific research in an orderly manner over a long period of time.

Don’t foreign universities also have campus assets? The principle is the same. "

Xia Jingxing shook his head slightly, "The truth is different! Although Stanford University has school assets, it does not run a business, but maintains and increases the value of the school assets in the form of financial investment.

In foreign countries, it is a very common phenomenon for prestigious schools to donate funds to VC and PE funds as LPs.

The wealth inheritance of wealthy people is also carried out through similar investment forms.

In fact, the methods and methods of running a business are somewhat outdated, and schools should focus their main energy on teaching.

The management of school assets should not involve too much energy of the school, and the investment work should be left to more professional people. "

Chen Datong was not good at words and was defeated in one round.

Wu Ping then added: “Mr.

It is difficult to say that problems will not arise if we directly copy foreign models. "

Xia Jingxing kept a faint smile on his face. Facts have proved that prestigious schools are basically in a mess and are heavily in debt.

In fact, this method was learned from abroad, turning laboratory products into market-oriented products, converting technology into profits by selling technology, and then using it to support scientific research.

From the 1980s and 1990s to now, this model seems to be still feasible.

But nowadays, prestigious schools are no longer synonymous with the strongest scientific research institutions. Gone are the days when we relied on computer laser typesetting of Chinese characters and computer assembly to dominate the country.

At this time, prestigious schools should make changes to adapt to the changes of the times.

If you still stick to the same old ways, you will suffer big losses sooner or later.

In his previous life, Xia Jingxing once read an article that compared in detail the technological gap between universities and top domestic technology companies.

Can Aoki University do cloud computing and 5g? It simply cannot be done, and the institutions that master the most powerful civilian technologies have become various technology giants.

If technology does not dominate, why should we engage in school production?

Famous foreign schools usually maintain their leading position by cooperating with technology giants to develop technology projects and subscribing to funds owned by financial giants.

Xia Jingxing planned to persuade President Fu to hand over the management of Qingmu University's assets to Vision Capital. It would definitely be a good deal.

After the cooperation is established, Aoki University can make money while Envision Capital and Renaissance Industries can exert stronger influence on this top domestic university.

After hearing Xia Jingxing's cooperation plan, Fu Binglin couldn't sit still at all and exclaimed: "Subscribe for Vision Capital's fund? USD fund or RMB fund?"

A smile appeared on Xia Jingxing's lips. For a physicist, Principal Fu knew a lot about finance.

"Of course it will be based on RMB funds! If Aoki University has U.S. dollars, it can also open U.S. dollar funds for you to subscribe to."

Fu Binglin was still very interested in the cooperation plan proposed by Xia Jingxing. He heard that CIC had already made a fortune by buying a fund under Vision Capital! He also wanted Aoki University to follow him.

However, when it comes to school-industry reform, the issues are very complex and the relationships are entangled.

Even if he is the principal, if he wants to promote reforms internally, he will face many obstacles.

He looked at Qiu Yong, who was sitting next to him and had been listening without saying a word, wanting to hear the opinions of this rising star.

"Xiaoqiu, you are a young person and can digest and absorb these new things quickly. What do you think about using school assets to subscribe to funds?"

Xia Jingxing also looked at Qiu Yong with interest. The future president of Qingmu University was a fellow villager with him. When he took over Qingmu University, it was almost in ruins.

Negative public opinion about preparatory schools in the United States, Aoki Holdings’ debt of more than 300 billion...

Although the situation was a bit annoying, Qiu Yong still promoted some reforms, such as letting the Qingmu Education Foundation directly invest in Gao Ling Capital and CDH Investment, and indirectly investing in first-tier venture capitals such as IDG, Dachen, and GGV through investing in Zero2IPO Fund of Funds. In addition, it also initiated the establishment of the Institute of Integrated Circuits, which truly began to reduce the bottleneck problem from the national and corporate levels to the higher education level.

This guy still knows how to be politically correct!

Qiu Yong replied sternly: "Actually, Aoki started doing venture capital many years ago.

In 1999, Qingmu Science and Technology Park was included in the overall plan of Zhongguancun to establish Qingmu Entrepreneurship Park. When it still needed to be incubated, it began to invest and incubate start-up companies.

In 2007, we established TusPark on the basis of Qingmu Science and Technology Park and invested in outstanding companies such as Spreadtrum Communications and Digital Video.

In addition to its own early-stage venture capital investment, the Aoki University Education Foundation also invested in Keqiao Investment, a government-owned PE fund initiated by the Beijing Government-owned Assets Supervision and Administration Commission last year.

But we have not tried investing in market-oriented (private and foreign) funds.

However, Hony Capital has been in contact with us recently. They said they are contacting the social security fund and plan to launch a PE fund with a scale of more than 10 billion yuan. They hope that the Qingmu Education Foundation will also participate. "

Xia Jingxing listened with a smile, already concerned about the news.

Mu Zhixin is quite capable. He failed to win over CIC, a major financial backer, and started to develop social security funds again.

By cooperating with such a well-established fund, you can raise not only money, but also connections.

Qiu Yong continued: "My opinion is that we can try to subscribe to market-based funds on a small scale to avoid betting all our money on schools and enterprises and walking on multiple legs."

Fu Binglin is not a stickler for old times, but he still listens to opinions.

Four years ago, at a meeting with Chu and Song Yu from Wanwan, he mispronounced the word "侉" in "Every inch of river and mountain is worth every inch of gold, who is responsible for the discord and division?", and he accidentally got into trouble. Hot searches on the Internet, and then he stood up and sincerely apologized to netizens across the country.

"Then we will draw up a plan and discuss how much share of the fund under Vision Capital is appropriate to subscribe for."

After saying that, Fu Binglin looked at Xia Jingxing and said, "Mr. Xia, you have seen the reality. It is very difficult for Qingmu University to invest 5 billion in the School of Integrated Circuits in nine years.

The issue of school production cannot be explained clearly in one sentence or two, and we can only slowly transform and adjust.

Do you think this will work? Our Aoki University investment is 2.5 billion, which is half of the amount donated by Renaissance Industries.

With an investment of 7.5 billion, the School of Integrated Circuits can definitely be established, and it will be a semiconductor professional school that is catching up with the world's top level. "

At this time, Chen Datong, Wu Ping, and Deng Feng also stood up and said good things, and advised Xia Jingxing not to force Qingmu University to sell off its assets. That would be too much resistance, and the plan to establish a college of integrated circuits might be aborted because of this.

Xia Jingxing reluctantly took a step back, "Okay then, just 2.5 billion, no more.

If this money is invested, countless chip technology experts and entrepreneurs will surely emerge in the future, and they will feed back Aoki University. "

"It doesn't matter whether we give back or not! As Mr. Xia said, the country and students come first. It doesn't matter if the school pays more. What's more, Mr. Xia, as an enterprise, you pay more."

Fu Binglin said this with a smile on his face, but he had already made up his mind and went to complain to his superiors and try to get more funds.

In fact, Aoki University's main educational funds still come from business income, alumni donations, and social donations, which are basically 20/80 split with the allocations from superiors.

Even if Fu Binglin sits in the education office and cries, he won't be able to get much money, and the school will have to find a way to do it.

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