To date, Galaxy Technology has become one of the largest private enterprises in China.

With hundreds of thousands of employees, including academicians, graduates from top universities (985/211), as well as graduates from private colleges and junior colleges, the company covers professional fields such as food delivery, express delivery, and aerospace.

Such a business scope is unprecedented in the country.

Logically speaking, with such a business scope and such a large number of employees, large corporations would have long since developed the problems associated with large companies in their daily operations.

For example, there are issues such as bloated organizations, multiple levels of leadership, loss of talent, complex processes, and low efficiency.

However, these situations rarely occur at Galaxy Technology, and some people who know Galaxy Technology or have cooperated and communicated with Galaxy Technology have a strange feeling.

That is, there seems to be very little management at Galaxy Technology and its subsidiaries.

Middle management, in particular, is extremely rare.

Most of the cooperation matters can be handled by just a few ordinary employees at Galaxy Technology.

There's no need to worry about banquets, building connections, or using back channels.

Even if you want to use connections, you don't know who to ask.

Galaxy Technology has incorporated office processes into Wa's supervision through online office work.

In this way, Galaxy Technology's corporate ills naturally disappeared without a trace.

Just look at how well Pinhaofan has developed, and you'll know how powerful Nuwa is.

In the conference room, everyone reported on their work.

Wang Donglai also provided guidance and evaluation on everyone's work.

What he does most now is to control the company's development direction.

Set the direction, and then let the people below carry it out.

There's no need to worry about them being two-faced or having ulterior motives. With Nuwa's supervision, there's absolutely nothing to worry about.

The remaining focus was entirely on how to better utilize technology to drive development.

Despite possessing numerous skills and abilities acquired from the system, Wang Donglai is not yet a god.

Some technical challenges that are far beyond our current capabilities remain challenges.

The only difference is that what is an insurmountable technical problem for others can be overcome by Wang Donglai with enough time and effort.

The executive meeting ended quickly.

In the afternoon, Wang Donglai arrived at the Tangdu City compound, where he had arranged to meet Wu Qingsong.

With its advanced technologies, Galaxy Technology has become a significant player in China's scientific research field.

Many technologies would probably never have been passed on if they weren't at Galaxy Technology.

Even so, Galaxy Technology's security level has been quietly upgraded several notches.

As the location of Galaxy Technology's headquarters, Tangdu City naturally needs to cooperate to a certain extent.

Soon, Wang Donglai met Wu Qingsong.

"Congratulations, Mr. Wang!"

Upon meeting, Wu Qingsong's face was full of smiles as he congratulated Wang Donglai.

Hearing Wu Qingsong say this, Wang Donglai felt reassured, knowing that his previous request must have been approved by his superiors.

Since deciding to get into express delivery and food delivery, a very important question has been presented to Galaxy Technology.

That's navigation software.

Although there are map software such as Gaode and Baidu on the market.

However, these software programs are all controlled by domestic giants. It would be understandable if Galaxy Technology hadn't entered the food delivery and express delivery industries.

However, since our company has already entered these two industries, it is naturally impossible for us to use other companies' map navigation.

In particular, the autonomous driving technology research and development that Galaxy Technology is currently undertaking requires extremely high accuracy in map navigation.

Having your own navigation software is very important.

This leads to a very important question.

There aren't many companies on the market that possess a Class A surveying and mapping qualification certificate for internet map services, abbreviated as 'Class A Surveying and Mapping', but there are a few.

Given Galaxy Technology's deep pockets, acquiring one company by spending a little more money wouldn't be a problem.

Alternatively, given the scale of Galaxy Technology, it could apply for a new license from the higher authorities.

This "Grade A Test" license can be approved by Qin Province, so it's naturally not a problem.

However, obtaining the Class A qualification for creating navigation electronic maps is much more difficult; it is the most difficult category to be approved in the surveying and mapping industry.

There are only 31 companies nationwide that currently hold this license.

Every license plate is a ticket to entry.

The price will naturally not be low, and for Galaxy Technology, price is the simplest factor.

However, all licenses are subject to contracts, and Galaxy Technology could not possibly pay exorbitant breach of contract penalties to acquire them, so it had no choice but to apply for licenses.

Wang Donglai knew that this license was becoming increasingly rare, and that in two years, the number would be halved.

The authorities will gradually weed out companies that haven't invested enough, leaving only those that are deeply involved in the industry.

Galaxy Technology is determined to cultivate this industry deeply, so it is determined to win both the "Level A Test" and "Level A Guide" photography.

With that thought in mind, Wang Donglai asked, "Boss, has the internet map license been issued yet?"

Wu Qingsong nodded with a smile.

"The 'Grade A' test license is relatively easy to obtain, but the approval process for 'Grade A' test licenses is very strict. According to regulations, there shouldn't be any increase in the number of licenses."

"However, considering that it would be inappropriate for popular services such as Pinhaofan and Xinghuo Express not to have their own unique navigation software, the authorities approved the license application."

Wu Qingsong did not take credit for himself, even though he had contributed a lot to this matter.

However, he was even clearer about one thing: Wang Donglai was not the kind of person who would betray someone after they had served their purpose. If he didn't bring it up, he would actually gain more of Wang Donglai's favor. If he deliberately brought it up, it would only wear down that goodwill.

Although Wu Qingsong didn't mention it, Wang Donglai wasn't stupid and naturally knew that Wu Qingsong must have played a significant role in this matter.

However, Wang Donglai didn't say much at this time.

"In addition to the license, your application to acquire the vocational education school was also discussed and approved at a meeting."

"However, whether you choose to acquire an existing one or buy land to build a new one depends on your plans."

Wu Qingsong sat on the sofa and spoke to Wang Dong.

Wang Donglai nodded, not surprised by this.

"Next, it's about the special subsidies. The lithography factory, the Xuanwu battery, and the artificial intelligence technology—some of these technologies are funded by the National Integrated Circuit Industry Investment Fund (Big Fund) and others by the National High-Tech Research and Development Fund (High-Tech Fund). The total amount is about 1.5 billion yuan, which will be deposited into your company's account in a while."

"There will probably be a meeting to summarize the meeting, remember to send someone to attend." "Finally, there's your company's listing plan."

At this point, Wu Qingsong paused, as if organizing his thoughts or pondering how to begin.

After a moment's pause, Wu Qingsong finally spoke, saying, "The higher-ups have approved your company's plan for an employee stock ownership plan and listing."

"Regarding your company's plan for an employee stock ownership plan to go public, the city will establish a special working group for listing guidance, composed of experts from the Financial Work Bureau, the Regulatory Bureau, the China Securities Regulatory Commission, and the stock exchange, to provide full-process services."

"At that time, we will assist in sorting out the equity structure, resolving compliance issues such as the establishment of the employee stock ownership platform, tax processing, and filing, to ensure compliance with listing requirements."

"By the way, I didn't ask you that. Where does your company plan to list?"

Seeing the slightly expectant look on Wu Qingsong's face, Wang Donglai did not answer immediately, but instead asked, "Where would the leader like us to list on the stock exchange?"

Wu Qingsong gave a slightly embarrassed smile and said, "There is no requirement from above. However, given the size of your company, once it goes public, its influence will be considerable. So if possible, it would be better to list domestically."

“I understand the leader’s concerns, and I can also say that it’s either in Hong Kong or on the Growth Enterprise Market.”

"Anyway, it will definitely be listed in the country, not in the Bald Eagle Federation."

Wang Donglai had no intention of ringing the bell at the Bald Eagle Federation. While going to the Bald Eagle Federation could boost the market value, Galaxy Technology was not short of money. The listing was only to better help employees get rich, so he did not insist on the listing venue.

Upon hearing Wang Donglai's words, Wu Qingsong's smile deepened.

"With Mr. Wang's words, I feel relieved. We can also help coordinate with the exchange to speed up the review process and provide policy support for inquiries involving core technologies."

"Finally, this is a special case after all, and many things are being explored and developed. So, for your benefit, many measures need to be improved, such as the unlocking conditions and exit mechanism for employee stock ownership, to ensure that the 'fairness, transparency, and sustainability' of employee stock ownership protects the legitimate rights and interests of employees and the company."

"I'm the leader of this working group, so if there's anything you need, Mr. Wang, you can come to me."

"As long as it is reasonable and legal, I will fully support your company."

In the end, Wu Qingsong couldn't help but say this.

At this point, Galaxy Technology has become the core of Tangdu City.

Galaxy Technology alone has generated over 10 billion in tax revenue.

This is even considering that some businesses were exempt from tax for three years and taxed for two and a half years.

Not to mention the vitality and development opportunities that the headquarters of Galaxy Technology brings to Tangdu City's economy, which is located here.

The trillion-yuan Xuanwu Battery Industrial Park, the relocation of headquarters of major enterprises, the large-scale development of Tangdu City...

In just a few years, Tangdu's economy has jumped to tenth place in the country, with a GDP of 1.5 trillion yuan, surpassing Tianjin.

Furthermore, anyone with knowledge of the situation knows that Tangdu's economic growth rate will not stagnate in the next few years and will maintain such a high growth rate.

The top ten is not the end goal; Tangdu's economic scale may well challenge for the top three.

Some have even boldly predicted that Tangdu's economy could potentially reach three trillion yuan.

No one could have imagined that Tangdu, an inland city with scarce resources and a small population, could unleash such terrifying economic potential.

Even the most ordinary working person on the street knows the reason for this achievement.

Therefore, Tangdu City and even Qin Province have spared no effort in supporting Galaxy Technology.

Wang Donglai did not disappoint this support, and did not use his special status to make any illegal demands.

Even if some conditions are difficult, the starting point is still correct.

Such requests as map surveying licenses and support from national research grants are legitimate and reasonable.

However, just as Wu Qingsong was thinking this, Wang Donglai spoke up.

"Boss, speaking of which, there really is something that I need your help with."

Wu Qingsong's expression stiffened slightly. It wasn't that he was just being polite; he knew that anything that could get Wang Donglai to speak up couldn't be a trivial matter.

In an instant, Wu Qingsong regained his composure and said with a smile, "President Wang, just say what you think is right. If it's not possible, I'll definitely do it. If it's not possible, I'll find a way to do it!"

With Wu Qingsong's words in mind, Wang Donglai nodded and said, "Boss, I want a license for a private bank!"

Private banks!

Upon hearing this term, Wu Qingsong quickly recalled information about private banks.

At the same time, Wu Qingsong was also pondering why Wang Donglai wanted a private bank.

After a long while, Wu Qingsong asked with some surprise, "Mr. Wang, is your company also planning to operate an online lending business?"

"When the leader mentioned private banks, the first thing that came to mind was mortgage lending, which shows that he has some understanding of the business."

"However, the reason I want a private bank license is not for online mortgage lending business, but because Galaxy Technology Group has more and more employees, its business is growing, and with the addition of partner companies, its capital is already very high."

"Instead of putting it in another bank, we might as well set up our own."

"The purpose of the approval of private banks by the higher authorities was to better help enterprises develop and promote the reform of the financial industry."

"I believe that given Galaxy Technology's scale, it has every reason to obtain a private bank license."

"As for mortgage business, the leaders can rest assured that it will definitely not become our main source of profit."

“I looked at the list of private banks, and it seems that Qin Province is not on it.”

"In the past, this wouldn't have been a problem, but now that we've developed, we absolutely must have it!"

Listening to Wang Donglai's words, Wu Qingsong fell into deep thought.

indeed!

The nineteen private banks are mostly located in developed coastal areas.

There is not one in the five northwestern provinces.

If Galaxy Technology hadn't appeared, it wouldn't have mattered.

But now, Tangdu City's economic scale has become the tenth largest in the country.

It would be unreasonable if there weren't any local private banks.

Not only because of this, but also because it represents an achievement in the financial field.

The development of a city naturally requires evaluation of its performance in many aspects.

Economic scale alone is far from enough.

In Wu Qingsong's mind, he had already begun to agree with Wang Donglai's statement.

However, Wu Qingsong, with his years of political experience, did not show it. Instead, he calmly said, "President Wang, how about this? I'll report this to my superiors and then coordinate with the Beijing authorities. We will definitely do our best to secure it."

"However, we certainly can't do it on our own, so we'll probably have to come to your company again. If Mr. Wang handles it well, there shouldn't be any major problems."

Wang Donglai nodded. Indeed, given the current scale of Galaxy Technology, many things could be secured with the support of higher authorities if they made a little effort.

The same applies to map licenses, and also to most private bank licenses.

Wang Donglai was fully confident about this. (End of Chapter)

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