You are worth tens of billions before you come to the system?

Chapter 180 Chinese Weekly
Lin Zitai's face showed a hint of excitement. The deeper he studied academic research, the more he became aware of the weakness of domestic academic circles.

Because looking at various industries, even high-tech technologies such as high-speed rail, 5G, and ultra-high voltage that the Chinese are proud of, papers still need to be published in English.

Although the Chinese Academy of Sciences also has papers in full Chinese, foreigners don't recognize them at all and don't care about them at all. Unless they can be published in authoritative papers in the world, foreigners will take a high look at them.

The influence of academic hegemony has penetrated into all walks of life in China, and even top universities such as Qingbei and Fudan University are proud of having their papers published in authoritative European and American weekly magazines.

Cheng Zhiyu couldn't help but ask: "Zitai, do you really don't need to prepare an English version?"

Lin Zitai asked back: "Academician Cheng, do you think you are more comfortable writing in Chinese or English?"

Cheng Zhiyu said without hesitation: "Of course it's Chinese."

Chinese characters are the greatest writing in the world,
There are a total of 3500 commonly used Chinese characters, and any combination can express the specific meaning of anything.

In contrast, in English, there are 3-4 commonly used words, totaling 60-80 words.

And they are still being added at a rate of [-] every year, becoming more and more bloated and huge as time goes by.

Because with the development of science and technology and the expansion of the scope of human exploration, new things, new phenomena, and new technologies are emerging one after another, and the number of newly created words is also increasing.

The power of Chinese characters lies in their ability to adapt, such as Taobao. Although foreigners now generally use transliteration, if the literal translation is about: find hidden treasures.

Another advantage of writing a paper in Chinese as your mother tongue is that the original author can accurately express the specific meaning of a certain paragraph in the paper without having to look up the relevant dictionary.

Unlike when I wrote English papers in the past, it took a lot of time and energy to look up words every time, and sometimes I even had to create new English words.

Because a single word cannot express the specific meaning.

Lin Zitai didn't care: "I feel comfortable writing it, and even domestic scholars can understand it, so what do I care about them?"

Cheng Zhiyu showed hesitation: "But..."

"It's okay. Unless they don't want to understand the development ideas of new slow-grain drugs, they need to study Chinese papers just like we study English papers."

Lin Zitai persuaded Cheng Zhiyu to leave in a good manner, and the big bosses were responsible for writing papers to calm the situation, and left the rest of the trivial matters to him.

In the afternoon of the same day, Prince Group announced the launch of "Biological Times", in which papers on new slow-grain drugs will be published.

Full Chinese version, and the only one.

Once the news was announced, it caused huge waves on the Internet, and also exposed many potential 50 people, as well as spiritual foreigners.

Because at the same time as the announcement, the official account of "Biological Times" announced the royalties for academicians such as Cheng Zhiyu.

The highest reward is 1000 million yuan, followed by some original papers, each with a fee of not less than 50 yuan. Even if the paper is authorized by multiple authors, the minimum bonus is [-] yuan.

For only the 11 papers in the first issue of "Biological Times", the manuscript fee was 1250 million RMB.
At the same time, the official account also informed that they will hold the first "Biological Age" Award at the end of the year, and the final winner will also receive tens of millions of soft sister coins.

As soon as many blockbuster news were announced, Cheng Zhiyu was pushed to the forefront, and countless scarf influencers criticized her.

It would not be an exaggeration to say that he is a national sinner if he gives up China's second Nobel Prize for a huge amount of manuscript fees and bonuses.

"If you don't win the Nobel Prize, you are a sinner of the nation. Do the awards from the Chinese Academy of Sciences have no authority, or has Academician Cheng not contributed to our country's pharmaceutical industry?"

Lin Zitai personally stepped out to face the big V in the scarf, pouring a few more spoons of hot oil on the fire, for no other reason than to keep the news hot for a longer time.

Whether it is academic awards or related authoritative weekly magazines, they are too far away from the general public in China.

So much so that when people mention world-renowned awards, they only think of the Nobel, Turing Award, and Oscar.

I don’t even know that there are three top awards in China: the Natural Science Award, the Scientific Progress Award and the Scientific and Technological Invention Award.

There are two main reasons for this. The older generation believes in the golden mean, and the Chinese Academy of Sciences does not speculate.

No matter what will happen to the "Biological Era Prize" in the future, if you can get a Nobel Prize now, just do it as hard as you can.

At least it can give some uninformed domestic people the first impression that the "Biological Era Award" is an arm-wrestling competition with the "Nobel Prize", rather than a pheasant award.

Su Jiayue looked helpless, with a hint of dissatisfaction in her tone: "Boss, do you know that we are going to IPO?" She found that since the completion of the laboratory, Lin Zitai has become obsessed with it. He used to be keen on making money, but now he is no longer keen on it. .

For an academic weekly, I personally had a passionate confrontation with a group of Internet celebrities, which was totally unlike my old boss.

"Really? When will it happen?"

Lin Zitai was absent-minded, looking through foreign forums for opinions on this matter.

International public opinion has undoubtedly exploded. What does the all-Chinese paper mean?It is obvious that he looks down upon foreign scholars.

Nature, Science, Cell, and the three most authoritative magazines in biology have issued articles of protest and expressed boycott.

A slight difference can make a huge difference. Many examples make Chinese papers worthless. English papers are the mainstream in the world.

Even Musk, who is currently in the limelight, said that you should not publish papers without the intention to share. Unlike them, which completely open Tesla’s system source, if someone can surpass them, he will also express his sincere happiness, because it is for Beneficial to all mankind.

He is not the only one standing on the moral high ground and pointing fingers.

Whether at home or abroad, Cheng Zhiyu was treated reviled by many, and some even called him an academic bully.

Lin Zitai frowned. The public opinion was louder than he expected. It is conceivable that once the news reaches the country, the public opinion will reach a higher level.

It can also be explained from the side that they did the right thing and established a Chinese weekly, which will trigger counterattacks from the entire Western world.

Su Jiayue suddenly shouted: "Boss, what do you think about this matter?"

"Why are you yelling so loudly?"

Lin Zitai came back to his senses: "What's the matter?"

Su Jiayue took a deep breath, calmed down, and repeated it again: "Aramco Group is building a factory in Texas, and the American version of Mojin has been on the market for a week. This also means that Europe and the United States have not boycotted, or the boycott is ineffective. South Korea and Japan Good news is coming from both countries frequently, and it’s time for us to IPO.”

"Then we will announce an IPO with a valuation of US$202 billion. This time we will ask Bank of China and HSBC to jointly undertake the stock issuance."

Lin Zitai closed the computer and looked through relevant information. Because of entering the markets of developed countries such as Europe, the United States, Japan and South Korea, the valuation of Magic Beverage has more than tripled.

As of last week, financial institutions at home and abroad, including Goldman Sachs, Morgan Stanley, Bank of China and CITIC, have all re-evaluated, with the highest market valuation set at US$175 billion.

If they take this opportunity to announce an IPO, there should be a reasonable pre-IPO premium of 10-15%.

SDIC ICBC suggested that Mojin’s IPO valuation should ideally be between US$192.5-208.5 billion.

Su Jiayue asked: "Then do you want to participate in the road show?"

The pre-launch preparations for Mojin Beverage began during the second round of financing. Four roadshows will be held in Beijing, Shanghai, Yangcheng, and Xiangjiang.

They plan to use 20% of their shares for the IPO, with Xiangjiang reserving up to 8% and the other three cities each reserving 4%.

Lin Zitai thought for a while and agreed to participate in the road show: "I will participate in all four times. You can make arrangements."

The higher the IPO subscription capital multiple, the greater the potential of the company and the higher its future market value.

Caring about his own interests, even if Lin Zitai didn't want to take care of things, he would not give up at this critical moment.

Based on the current market valuation of US$202 billion, Prince Group’s indirect shareholding reaches 65.025%, which also means that Lin Zitai’s personal shareholding reaches 65.025%.

Before Mojin went public, Lin Zitai’s personal worth reached 131 billion U.S. dollars, which can be converted into soft sister coins of about 893 billion.

After listing, the market value will experience a surge, at least not less than 40%.

Last year, the richest man in China was Xiao Ma with 442 billion US dollars, followed by Lao Ma with 419 billion US dollars, and then Xiangjiang Lao Li with 334 billion US dollars.

In other words, as long as Mojin is on the market, although Lin Zitai will not be able to be in the top three of the pig killing list, there should be no pressure to be in the top ten, and it may not be No. 10.

(End of this chapter)