When I am reborn, I just want to be a top student

Although it was called a meal, we actually wanted to find a quiet place to talk with Wang Dong.

After all, lithography technology is extremely important.

By now, the lithography factory in Tangdu City has already been taken over by the security team.

It could easily be mistaken for a state-owned enterprise; it doesn't resemble a private company at all.

In other words, the salaries of the employees at the lithography factory are paid by Galaxy Technology, but the related management is quietly controlled by people in a special department.

Wang Donglai did not offer any comments on this.

There will definitely be an explanation from the higher authorities regarding this matter.

"Mr. Wang, the lithography factory technology developed by your company is extremely important."

"It plays a crucial role in our development in the international semiconductor field."

"This time, I'm just a messenger, conveying the opinions of the higher-ups. If Mr. Wang has any thoughts, feel free to tell me."

"First of all, I think everyone should agree on the importance of lithography technology."

"It is a strategic and disruptive technology that is not only about the semiconductor industry, but also about national security and technological sovereignty."

"At the same time, technology has a window of opportunity; we must develop industrial capabilities before overseas giants achieve breakthroughs!"

"Finally, we must acknowledge the contributions of Mr. Wang and your company's R&D personnel, and we must respect intellectual property rights and everyone's interests."

"Therefore, I have brought a preliminary plan here. Mr. Wang, you may want to hear what I think."

Director Jia's eyes held a shrewd glint as he spoke sincerely.

Wang Donglai nodded upon hearing this.

"Mr. Wang, the first step of this plan is to have the National Integrated Circuit Industry Investment Fund, the State-owned Assets Supervision and Administration Commission, and the central enterprise technology platforms jointly invest in it."

"The capital injection ratio is tentatively set at 51% state-owned capital and 49% your company."

"As for the most important valuation, it will be conducted by a market valuation agency, valued at market price, and then a certain premium will be added on top of that."

At this point, Director Jia paused deliberately to see Wang Donglai's reaction.

Without hesitation, Wang Donglai shook his head and said, "There's no problem with injecting capital, but I need the participation of Qin Province's state-owned assets. If possible, we should also add Tang City's state-owned assets."

"After all, Galaxy Technology's success is also due to the strong support from Tangdu City and Qin Province."

Director Jia frowned slightly, then quickly relaxed his brow. He neither refused nor immediately agreed, and said with a smile, "I will convey Mr. Wang's request to my superiors."

"No!"

"Director Jia, this is not a request, but a demand!"

"I placed Galaxy Technology in Tangdu City and in an inland province not for profit maximization, and I believe no one would disagree with that."

"I am well aware of how important lithography factories are and how much profit they can bring."

"We can't just kick Qin Province and Tang City aside now that we've achieved results; that wouldn't be right!"

Wang Donglai's words stunned Director Jia.

I never expected that Wang Donglai would be so domineering not only in front of overseas giants, but also in front of me.

If someone with a petty temper had said these words, they probably would have offended others.

However, Director Jia didn't take it to heart. Suppressing his emotions, he said, "Okay, I will definitely report this to the leadership."

After a pause, seeing that Wang Donglai did not speak again, Director Jia continued, "The injected funds will mainly be used to expand the scale. The initial plan is to build lithography factories simultaneously in Beijing, Shanghai, and Shenzhen, as well as attract top global process engineers and establish international patent barriers."

"The company will retain the name 'Galaxy Semiconductor Co., Ltd.' but will be registered as a 'state-owned holding mixed ownership enterprise'."

"This is only natural, Mr. Wang, you don't need to overthink it!"

"Since the nature of the company has changed, the company structure must also change."

"The initial plan is to set up a board of directors with a total of eleven members: five from the State-owned Assets Supervision and Administration Commission, three from the founding team, two independent directors, and one representative from the employee stock ownership plan."

"President Wang will continue to serve as the liaison chairman and chief scientist, retaining the decision-making power over the technology roadmap."

"The specific operational planning is handled by a CEO appointed by the State-owned Assets Supervision and Administration Commission, who will be responsible for strategic execution, compliance, and internationalization."

Wang Donglai chuckled inwardly, but said nothing, instead waiting patiently.

Seeing this, Director Jia continued speaking.

"Regarding employee arrangements, we do not adopt a 'one-size-fits-all' approach to staffing; instead, we implement a 'dual-track system'."

"Approximately 287 core technical personnel will be granted the status of 'National Specially Appointed Experts,' enjoying the same benefits as those with permanent positions but without rigid management."

"Other employees will retain their market-based employment contracts, but will enjoy the same benefits and stability as state-owned enterprises."

"In addition, a special incentive pool of about 10% will be set up to incentivize the core team over the next 5 years."

"What does Mr. Wang think?"

When Director Jia asked that question, it was just a polite formality.

But to everyone's surprise, Wang Donglai actually nodded.

My heart skipped a beat.

"Director Jia, I just heard you say that this is a preliminary plan and it hasn't been finalized yet, right?"

Director Jia nodded somewhat stiffly.

"This plan requires my opinion. Will my suggestions be seen by the leadership and adopted?"

Director Jia was already sweating profusely. He really didn't want to answer the question, but he couldn't refuse.

"Mr. Wang, the leaders will definitely see your suggestion, but whether it will be adopted, I don't know!"

Wang Donglai nodded and continued, "Alright, then I'll share my thoughts."

"Expanding scale is not a problem, attracting top global process engineers is not a problem, and international patent barriers are not a problem."

"But I don't think it's really necessary to set up a board of directors."

"Galaxy Semiconductor is a technology-driven company, a research company, and nothing else."

"Technological research and development is the most important thing; there's absolutely no need for a board of directors."

"Doing it this way will only lead to overstaffing. I don't want to see more administrative staff sitting in offices than researchers at Galaxy Semiconductor in the future. That would really be a joke."

"Therefore, we must nip this in the bud from the very beginning."

"Secondly, there's the so-called CEO. Let me be upfront about the unpleasant aspects."

“When I was in charge of Galaxy Semiconductor, profit was never the primary goal. I hope that those who come after me will not change that and will not frantically pursue profits.”

"Secondly, investment in technological research and development must not be interrupted, nor should it be reduced; it must increase in line with revenue growth."

"Execution is fine, but it's best not to have your own ideas."

“What Galaxy Semiconductor needs is someone who gets things done, not someone who comes here to give orders and use Galaxy Semiconductor’s resources to achieve their own political dreams.”

Upon hearing this, Director Jia finally broke out in a cold sweat.

He subconsciously looked around and, finding no outsiders present, breathed a long sigh of relief.

If anyone else had heard these words, Director Jia couldn't even imagine what would have happened. Wang Donglai was incredibly audacious!

This was already the umpteenth time Director Jia had made this remark.

The previous times, it was because when Wang Donglai faced overseas giants, Director Jia only felt a sense of satisfaction.

But now that it's happening to him, Director Jia is starting to feel uncomfortable.

I just can't take it anymore!

However, Wang Donglai was not finished speaking.

"Finally, there's the matter of employee arrangements."

"Director Jia, I have a question. Will employee salaries be adjusted after the company becomes a state-owned enterprise?"

"Will there be any changes to employee benefits and perks, such as those previously offered?"

Wang Donglai asked these two questions incisively.

Faced with these two questions, Director Jia thought for a moment and then said, "Logically speaking, some adjustments will be made."

"I'm sure Mr. Wang is aware that state-owned enterprises have salary regulations."

"However, I can guarantee that the benefits and perks will still be provided after the company is transformed."

"Whether it's equal benefits for those with public sector jobs or equal welfare for those with state-owned enterprise jobs, it's all very good."

Wang Donglai laughed and said directly, "In fact, in the final analysis, they only enjoy this treatment and protection, not that they have this status, so it can be canceled at any time."

"For example, if they are no longer employees of Galaxy Semiconductor, they naturally won't receive such treatment."

"Director Jia, I didn't mean anything by it. The success of the lithography factory's technology is the result of everyone's joint efforts. Even if their combined contribution is less than one ten-thousandth, it still matters."

"A company needs its own management model. If it doesn't fit the job, then training is necessary. Only if the training is unsuccessful will adjustments be considered."

"And many companies simply fire the employee."

"No, firing someone means paying compensation, but dismissing an employee doesn't even involve compensation."

"Such situations are not allowed under Galaxy Technology. If an employee's work ability is unqualified, the first question to ask is human resources: why was he hired in the first place?"

"Now that we've hired them, it's the company's responsibility. Whether it's training or adjusting their positions, it's all part of the job."

“As long as it’s not a problem caused by the employee’s own actions, there’s really no need to go to the point of firing them.”

"Therefore, state-owned enterprises can hold controlling stakes, but employee welfare must be guaranteed!"

“Director Jia, Galaxy Technology is different from other domestic companies, especially in this respect.”

Director Jia was dumbfounded.

He never expected Wang Donglai to do this.

He felt he understood the implication behind Wang Donglai's words.

But it was precisely because he understood that he was dumbfounded.

What is Wang Donglai after?

There's absolutely no need for that.

Under this plan, these employees may receive less money, but it won't be bad either.

However, Wang Donglai was still not satisfied.

Either give these employees formal positions, or increase employee welfare measures.

Neither of these two points is easy to achieve.

Director Jia naturally dared not make a promise easily, so he could only nod and say, "President Wang, I will report everything you said to the leadership in detail."

"As for how the leaders decide, that's beyond my control."

"Besides, this is just an initial plan, there's still room for discussion, it's not the final decision!"

Wang Donglai nodded and then said, "Director Jia, I understand."

"I know that the higher-ups value Galaxy Semiconductor and respect my ideas, which is why I spoke frankly."

"None of what I said was for my own benefit, and I have a clear conscience."

"I can't control other companies or other industries, but I will definitely take care of what I can control."

"I just hope my boss won't blame me or think I'm greedy!"

Director Jia smiled wryly and echoed, "It's truly fortunate for Galaxy Technology's employees that President Wang is so considerate of his employees. I think the leadership will understand."

"Director Jia, please tell me the rest of the plan all at once!"

After composing himself, Director Jia continued, "President Wang, the last point is the protection of the core technology of the lithography factory."

"The technology for generating synchrotron radiation sources and the core technology for modulation will be classified as top secret and subject to strict control."

"Optical system integration and process formulation will also be classified as secret and can only be developed in confidential facilities."

"Only those device interface standards and design rules can be conditionally opened to partners."

"At that time, the security measures at the lithography factory will be upgraded."

"..."

This time, Director Jia learned his lesson and revealed the rest of the information in one go.

After listening, Wang Donglai did not offer any further opinions.

This relieved Director Jia.

He didn't even dare to think about how the higher-ups would view him if he took Wang Donglai's opinion back with him.

Will people think he's incompetent and can't even do this simple thing well?

Thinking this to myself, I couldn't help but feel a little discouraged.

I originally thought that Wang Donglai was so young that he would be easier to talk to.

But to my utter surprise, I had underestimated Wang Donglai.

No wonder he is a scientist who has developed Galaxy Technology to this level.

People who can achieve great things in one field are extraordinary in themselves, let alone someone like Wang Donglai who has achieved great success in two fields.

After figuring it out, Director Jia's mindset gradually calmed down.

"Director Jia, I've heard everything you've said. That's the gist of it, and I don't have any major objections."

"These are the points I mentioned. Director Jia needs to report them to the higher-ups."

"If all else fails, I can reduce my shareholding."

Upon hearing Wang Donglai's words, Director Jia quickly said, "President Wang, there's no need for that."

"I will report all of this to the leadership truthfully. Mr. Wang's suggestions are all for the good of the employees, and I think the leadership will definitely understand and support them."

"Mr. Wang, please wait patiently for my news. I will return to Beijing immediately to report to the leadership in person." (End of Chapter)