Chapter 358 Cooperation with the Chinese University of Hong Kong

Chapter 358 Cooperation with the Chinese University of Hong Kong (asking for monthly tickets)

"Okay." Wang Zhiqun paused and asked, "Mr. Yang, motors or future compressors are mainly supplied to white appliances. What about the picture tube technology for televisions? RCA's picture tube production line is also coming. Do we need to conduct technical research and development based on this?"

"Develop a new cathode ray tube?" Yang Wendong smiled and said, "You should know the difficulty of this technology, right?"

Among black and white home appliances, although the competition in white appliance technology is very fierce, the difficulty lies in making the product most cost-effective, such as low noise, power saving, light weight, low price, etc. However, if you just want to build a usable one, it is not difficult, which is more suitable for medium-sized enterprises.

As for black household appliances, that is, televisions, it is very difficult to get started. Not many companies in the world have the ability to do research and development in this area.

Wang Zhiqun nodded and said, "Yes, it is very difficult, but if we don't do research and development, and we just keep doing assembly, then we can only say that we are earning hard-earned money."

"Let's just earn some hard-earned money first." Yang Wendong shook his head and said, "In the short term, we don't have the ability to do research and development, even if we go to the United States to set up a research and development center. We will consider this issue when we have sufficient funds in the future."

For some industries, you really can't achieve success just by having money. The simplest example is fuel. In the past, the mainland struggled for many years, but was still left behind by the international oil truck giants. Later, it relied on electric vehicles to overtake them.

The same is true for the cathode ray tube industry. The degree of technological integration is very high. Yang Wendong can invest several million dollars to develop a new technology, but this requires the participation of too many talents. There is no other way. It is okay to build a radio in Hong Kong, but it is almost impossible to develop a television at present.

Even the color TV giants in the United States will soon be overtaken and bullied by Japan, so going to the United States to conduct research and development in this area is like throwing money into the water.

The only thing that is a bit confusing is that it will take another 30 or 40 years for LCD technology to mature. If we want to do well in the TV market, we will still have to invest in the future. So we can only wait and see. If one day our financial resources are strong enough, we can try to integrate the Chinese technical groups in Hong Kong, Taiwan and Southeast Asia to carry out research and development in Hong Kong.

The core of this issue is not money, but the number of talents and the most cutting-edge talents, etc.

Wang Zhiqun agreed and said, "Okay, for the TV business, we will maintain the existing development model, focusing on purchasing technology and then assembling and producing in Hong Kong."

He is also a technical person and knows the difficulty involved, but he still has to ask his boss about the matter.

"Well, Hong Kong is a small place, and it's impossible to be perfect in everything." Yang Wendong added: "Even if we are in the home appliance industry, it's impossible for us to be the best in everything. As long as we have the technology in a few areas, the rest will be average."

Even Haier, Midea, and Gree in the mainland in the past all had their own strengths, and it was impossible for them to be far ahead in everything;
It is good to have aspirations, but we also have to consider the reality, especially when we are in a technological desert like Hong Kong.

In one month, Honor Electronics launched three products in succession. Coupled with media publicity, the "Honor" brand was gradually accepted by Hong Kong society, which can be regarded as a certain brand guarantee.

If we promote other products in the future, it will be more convenient than before.
Time quickly came to September 9, which is Teachers' Day in Hong Kong and also Confucius' birthday.

Yang Wendong brought his entire family to the newly established Chinese University of Hong Kong.

“It feels much better than the University of Hong Kong.” Bai Yushan said as she pushed the stroller for twins.

The two twin babies also looked around, looking at the surrounding greenery and people, appearing very curious.

Yang Wendong was holding the older Yang Zhiwen, as he couldn't hold any bigger ones.
Su Yiyi smiled and replied, "That's normal. The University of Hong Kong has been around for many years, and it still has the old buildings. This new university must be much better."

Yang Wendong also nodded and said, "Yes, but the area is a little small, not as good as universities in other countries."

There is not much large-scale flat land in Hong Kong, so it is indeed difficult to build a university, unless it is moved to the New Territories, but this is impossible.

Bai Yushan suddenly said, "Yujie is here, in front."

"Yeah." Yang Wendong also saw another "Bai Yushan" in front of him.

Soon, a pair of older twins and a pair of younger twins met each other. Each person held one, and the two younger ones were safe. They probably couldn't tell who was their mother, and Bai Yujie often took care of them, so they all felt safe.

The twins always attract attention wherever they go, and many students are curious about them. However, there are many bodyguards around the Yang family, so ordinary people cannot get close to them. Although Yang Wendong is famous, he has strictly controlled the release of his photos over the years, so even though he is famous in Hong Kong and Kowloon, most people don't know him.
After everyone chatted for a while, Bai Yujie said, "It's almost noon. Let's go to the cafeteria to eat. It's my treat."

"That's what we planned." Yang Wendong said with a smile, "Come and have some food in the school cafeteria."

Bai Yujie nodded: "Your family eats delicacies from land and sea every day, it's time to eat some normal food."

Soon, under the leadership of Bai Yujie, everyone came to the cafeteria. There were still quite a lot of students there, and they waited in line for a long time before they got their food.

"The food is pretty good, not worse than that of Changxing Industrial Factory." Yang Wendong commented after seeing the dishes.

Bai Yujie asked in surprise: "Is the food in your factory similar to this?"

"Yes." Yang Wendong nodded.

When the business was first started in the early years, the food at Changxing Industrial was much better than that of its peers. Later, as the economic strength grew and all aspects were optimized, the canteen gradually became closer to that of ordinary factories in the previous life: one meat dish, two vegetable dishes and one soup.

Of course, Hong Kong's economy is developing rapidly nowadays, and the lives of ordinary people are much better than when Yang Wendong first traveled through time. In particular, the salaries at Changxing Industrial are not low, so the free buns from the early years were cancelled, and many families no longer needed them, so they were replaced with biscuits of various flavors that can be preserved for a long time.

Bai Yujie said: "I have been to some factories, and the food there is hard to describe."

"We can only wait until the overall economy improves." Yang Wendong smiled and said, "Only when the overall economy is strong can everyone's life be better."

Problems such as unfairness, exploitation, and unequal distribution exist in any society. It is basically impossible to solve these problems. Human history has been revolving around these contradictions for thousands of years.

However, as long as productivity is high enough and the economy is good, ordinary people can live a better life even if they are exploited.

"Yujie, you have never been in society, so you don't know how cruel it is." Bai Yushan said with a smile: "Only Brother Dong can be considered to be kind to the workers. I guess it's rare for others to be like this."

Bai Yujie nodded. She had long known that Yang Wendong's good reputation in Hong Kong was not just due to media hype, but because he had actually done a lot of good things.

For example, while promoting employment, the company is also very good to its employees. Last year, it provided a large amount of medicine and food assistance to the Wutong Mountain refugees, and it invested in water transportation last year and this year.

Yang Wendong said, "That's because we have enough capital to do this. Otherwise, no matter how kind-hearted an ordinary person is, if he can't even support himself, what can he do?" Bai Yujie said, "But being kind is also good, right? Even helping the elderly is good."

"Helping the elderly?" Yang Wendong wanted to say, "Go to the mainland and try again in a few decades?" But he said, "That's fine, but if you want to do it bigger and help more people, you still need capital."

"That's for sure." Su Yiyi nodded.

Yang Wendong looked at Bai Yujie and said, "Yujie, do you remember what I told you before, asking you to supervise the school for me?"

"Of course I remember, I'm already doing it." Bai Yujie said, "But there are a lot of students, so it will take me some time to find out."

"Well, okay, no rush. Just give priority to investigating science students. It doesn't matter if you are studying arts." Yang Wendong thought for a moment and said, "But we can also take care of the medical side a little bit. Hong Kong is also short of doctors."

Although his core industry does not involve medicine, the development of medicine in Hong Kong still has some impact on him and his family, so he can provide some support when appropriate.

"Okay." Bai Yujie smiled and said, "Then I'll give it to you after I've sorted it out here."

"Yeah," Yang Wendong nodded and said, "Let's eat. This fried sponge gourd with eggs is good."

After lunch, Yang Wendong came to the school administration building.

The fact that a group of them were able to come here with their children today was naturally because they informed the school's top management in advance and obtained their approval.

"Hello, Mr. Yang." The President of the Chinese University of Hong Kong, Li Cheuk-ming, said with a smile and shook hands.

"Hello, Principal Li." Yang Wendong also politely shook hands.

"Please sit down." Li Zhuoming greeted them politely, and then an assistant made two cups of tea for them.

Li Zhuoming asked, "Mr. Yang, you walked around our school this morning. How did you feel? You can tell me the truth. I would also like to hear it."

"It's actually pretty good." Yang Wendong smiled and said, "Let's start from the reality. Building a school in Hong Kong cannot be compared with European and American countries; but compared with Taiwan or some Southeast Asian countries, it is much better.

The only difference is that the place is a little small, and I looked at the sports playground and it’s not very big either.”

"Haha, real estate in Hong Kong is very expensive, how can we build such a large playground?" Li Zhuoming said with a smile: "Does Mr. Yang have any other suggestions?"

Yang Wendong said: "I don't understand the suggestions on education, so I won't say anything. However, from the perspective of Hong Kong industry, I still hope that Hong Kong universities will pay more attention to science. Only when science is strong can factories profit in international competition, and then feed back to the entire Hong Kong society, and even feed back to the education industry."

"I know this, but our resources are limited nowadays." Li Zhuoming nodded and said, "Besides, the name of our school is Chinese University, and it was started by applying for several liberal arts colleges. Although we will not only focus on literature, we will definitely need to continue in this area. The core of the future is still business."

"Business studies are indeed very important, and Hong Kong also needs such talents." Yang Wendong agreed and said, "If it is a funding issue, I have a solution."

"Mr. Yang, please speak." Li Zhuoming asked.

Yang Wendong said: "First, my charity fund can set up a loan fund to help poor students in Hong Kong to study science. After they graduate and get a job, they can slowly repay the loan, just like overseas student loans. However, my interest rate will be very low and I will not aim to make a profit."

Student loans in Europe and the United States are often difficult to describe in a few words. Those who have learned about them know that they are comparable to future home loans in the mainland.

Of course, his purpose is not to make money from this. Even if he is in finance, he would not play it this way.

Li Zhuoming nodded and said, "This is indeed a good idea. In fact, the Hong Kong government also has relevant policies, but the funds are very limited, and it may be blocked. Mr. Yang, you also understand."

"I know." Yang Wendong smiled and said, "My factory is also in need of all kinds of talents. In the future, if these students who have taken out loans to go to school have good grades, they can also join my company. This way, it will be more convenient."

"This is a one-stop service. To be honest, if I were an ordinary student, I would be tempted." Li Zhuoming said with a smile: "I will definitely agree to such cooperation."

If an ordinary person can enter Changxing Group, it basically means that he will never have to worry about food and drink in the future. His life may not be too good, but it should not be too bad.

Of course, college students are not ordinary people, but such people will definitely be reused if they enter Changxing Group, and their future prospects may be limitless.

Yang Wendong continued, "There is also a second point. I know that your school still lacks a lot of equipment related to the electronics industry. I can sponsor some in the name of Honor Electronics. This will also make it easier for future students majoring in electronics to carry out various practices."

"That's great." Li Zhuoming said happily, "I'm also worried about these equipment issues."

"However, I can only sponsor some commonly used and simple equipment." Yang Wendong added: "For complex equipment, there are some in my Honor Electronics laboratory. Students in your school's electronics industry can go there for practice and see the actual factory."

"It's a good idea, but practice is also very important." Li Zhuoming nodded.

"That's all for now." Yang Wendong said with a smile, "I'll arrange for someone to come over and discuss the details of the cooperation and various data."

"Okay, let's have a happy cooperation." Li Zhuoming said with a smile.

"It's a pleasure to work with you." Yang Wendong also said, shaking hands.

If you want to develop the electronics industry or other real industries in Hong Kong, you still have to cooperate with local universities.

Although it seems that you have invested more in the early stage, you will definitely benefit more in the later stage and can also avoid taxes to a certain extent.

PS: Please give me a monthly ticket at the end of the month

Someone said earlier that the company trains talents on its own and does not rely on schools. I can only say that this is impossible. The premise of company training is also talents from schools. It is impossible to train junior high school students, then teach various theoretical knowledge, raise them to university level, and then teach design management and the like?

No company in the world has such a thing, unless the company has built its own university, but generally this is also managed by the state. In most cases where state resources are invested, the company cooperates with the school.
Education is the government's responsibility, and companies only train talents for their own benefit.
(End of this chapter)