In 1978, I was admitted to Harbin Institute of Technology

Chapter 279 A far-sighted leader takes the initiative to spend a huge price to completely tie himself to Harbin Institute of Technology

“Our school-enterprise cooperation office can provide the funds, and we only charge 20% interest, which is indeed higher than that of banks.”

While Liu Debao was discussing loans and cooperation with Sun Maocheng of Jiangshan Machinery Factory, Xie Wei was also promoting school loan services to Jiangbei Machinery Factory.

The school has over 4 million yuan in funding; it would be a waste not to use it to generate more money.

Given the enormous market, this amount is merely a drop in the ocean; even with a 50% interest rate, it would be lent out quickly. The problem is that many companies taking out loans these days are doing so to pay salaries.

As for recovering the loan?

If a company borrows money based on its own ability, why should it repay it?

Besides, banks belong to the state, and so do enterprises. They spend the state's money, so what's there to repay? Leaders who can afford to pay salaries to their employees and secure projects and funding are more likely to be promoted.

What is the connection between a company's loans and a former leader who has already left the company after being promoted?

Xie Wei was well aware of how risky bank loans were these days, so he deliberately emphasized to Liu Debao and the others that it was better to forgo the interest than to take the risk.

The best lending targets are institutions that have cooperative relationships with schools, as this is the best way to control the risk.

"20%?"

Ning Juntao frowned.

Bank loan interest rates are only 6.57% for six months, 7.47% for one year, 7.56% for three years, and 7.74% for five years.

The problem is that the country is poor, residents have low incomes, banks have little money, while there are too many companies and projects that need funding for development.

This means that the official interest rate only applies to small loan amounts. Of course, if there is approval from a higher-level authority, the interest rate will naturally not be high.

Otherwise, even doubling the amount wouldn't be enough to secure a loan from the bank.

Xie Wei's proposed interest rate was somewhat high compared to the official rate, but significantly lower than the 30% to 50% interest rates typically found in private lending. More importantly, Harbin Institute of Technology (HIT) has ample funds, and with cooperation with HIT, there's no need to worry about repayment.

"It is indeed much higher than bank interest rates."

Seeing Ning Juntao's troubled expression, Tian Guirong spoke up, then said something that surprised Ning Juntao: "If we take out a loan, I wonder if you will restrict the scope of our loan usage?"

"Of course we need that. We can't just lend you money when you take out loans to pay salaries or benefits for your employees, or even to build houses. These funds are special funds to support the development of our partners."

Zhang Mingqiu retorted angrily.

Then, looking at Xie Wei, he couldn't help but wonder: How exactly does this kid's brain work?

He considers all possible problems before doing anything, no wonder he is so successful. He even got his father, Xie Jianguo, to be the factory manager of Hongguang Factory before he came to school.

Without the financial support from Hongguang Factory, how could the school have such ample funding now?
It's probably not even as good as the Jiangbei Machinery Factory across the street.

At least Jiangbei Machinery Factory didn't have a single leader who liked to make unnecessary changes.

"Principal Zhang, Xie Wei, let's go back and discuss this first. We will definitely cooperate fully in the missile development project; we'll provide the personnel and funds as much as we can!"

Ning Juntao did not stay.

Staying won't change anything.

"They won't drag it out this time, will they? Last time, they lost millions in profits because of this delay."

Watching the two figures leave, Zhang Mingqiu was filled with emotion. People can't teach you everything, but experience teaches you everything, and once is enough.

The rocket launcher incident from last time shouldn't happen again.

"That's not necessarily true. People always think they can control the whole situation."

Xie Wei shook his head.

He did know Ning Juntao.

Ning Juntao is not like Li Rui or his father, who have a very high desire for control over power. Perhaps it would be more accurate to say that he lacks the methods and boldness of Li Rui and his father, Xie Jianguo.

The Jiangbei factory is not a one-man show run by Ning Juntao.

"How could that be! They're all willing to pay out of their own pockets to get the long-range rocket processing business."

"That's different."

Xie Wei shook his head, "The profits from rockets are visible and will be realized quickly. But anti-aircraft missiles are still under development; whether they will be successful or whether there will be orders is uncertain..."

"So Ning Juntao's statement about trying to raise funds as much as possible was just a perfunctory excuse?"

"That's not the case. His attitude doesn't represent the attitude of the entire Jiangbei Factory."

Xie Wei shook his head and sighed.

When leading cadres make their own decisions, problems are likely to arise; but if democracy is promoted, more people will have more opinions, and coordinating these will lead to wrangling and may even result in nothing being resolved.

It is difficult to achieve a balance between the two.

"By the way, you said you were going back. When do you want to go back? To save time, should we have a plane take you?"

Knowing that an agreement could not be reached with Jiangbei Factory in the short term, the school continued to push forward with various projects.

Xie Jianguo hadn't been to the school for a long time. After Wang Zheng left, the person in charge of the school-enterprise office hadn't been contacted, and Xie Wei didn't know much about the situation in Rongcheng either.

"Xie Rou wants to go back. Let's wait until she's finished with this. The problems found after the 150mm long-range artillery tests need to be improved, which requires a lot of theoretical calculations... Haven't they finished working on the supercomputer at the National University of Defense Technology yet?"

The thought of Xie Rou treating him like a supercomputer, simulating various calculations in her mind, made Xie Wei feel heartbroken.

It can't be stopped, and it's impossible to stop it.

"Let me ask about this."

Even if Zhang Mingqiu didn't understand technological development, he, as the university president, was well aware of the immense role supercomputers play in scientific research.

"This matter must be given priority. With a supercomputer, many research projects at the university will be accelerated, and the research progress of some university-enterprise joint projects will also be accelerated, especially the research on core components related to fighter jets..."

At this moment, Xie Wei was like a leader assigning tasks to his subordinates.

Zhang Mingqiu didn't feel anything was wrong at all.

It wasn't until Xie Wei left that he came to his senses: "Damn it, who exactly is the principal? This kid is getting more and more comfortable assigning tasks to me, the acting principal!"

Complaints are complaints.

Principal Zhang has absolutely no intention of changing the status quo.

If anyone tries to change the status quo and reprimands Xie Wei, Principal Zhang will probably beat them up: if Xie Wei is unhappy, he won't work hard like a beast of burden, and if the acting principal doesn't make any contributions, how can he advance further before retirement?
"Factory manager, are we really going to get a loan from Harbin Institute of Technology?"

The two left the earthen building and headed towards the guesthouse. Tian Guirong, who had been pondering Xie Wei's true intentions, couldn't figure it out.

"Getting a loan isn't a problem. A 20% interest rate may seem high, but it doesn't require connections or various approvals, and it's much lower than the interest rates in the private lending market. Besides, how easy is it to get millions in the private lending market?"

Ning Juntao shook his head, looking worried.

"That???"

If the other party isn't trying to force a loan to Jiangbei Factory, then what is it?
"There will be a lot of people in the factory who will object to our collaboration with Harbin Institute of Technology on man-portable air defense missiles and short-range air defense missiles... They only want to enjoy the existing results and are not willing to take any risks."

Ning Juntao said.

"Last time, because of their opposition, the factory lost millions in profits. Do they have no regard for the factory's development at all?"

Tian Ronggui's voice was almost squeezed out from between his teeth.

If they hadn't accepted Xie Wei's harsh conditions last time, they wouldn't have had a chance with the rocket launchers, let alone made millions in profit.

Xie Wei's direct explanation this time was even more surprising.

"We need to go back and reorganize the factory first..."

"I don't think it's necessary. Let's just sign a contract with Harbin Institute of Technology directly. If we do a good job, everyone will benefit. If we don't do a good job, you, the factory director, and I, the chief engineer, will bear the responsibility!"

Tian Guirong was not optimistic and went back to reorganize the factory first.

That's not something that can be accomplished in a short time.

"We don't know the progress of Harbin Institute of Technology's air defense missile project, or how much investment is needed... All the funds that can be invested have to be borrowed from Harbin Institute of Technology..." "Have you forgotten? The machine tools in our factory's machining workshop are all ordinary machine tools. To improve manufacturing capabilities, we need to carry out CNC transformation. The director of Rongcheng Hongguang Machinery Factory is Xie Wei's father, and the CNC system and ball screws they produce were developed by Harbin Institute of Technology..."

To gain more business from Harbin Institute of Technology, it is natural to strengthen cooperation with them in all aspects.

Ning Juntao's eyes lit up immediately.

"Furthermore, our factory has its own independent telephone exchange, which is still the manual exchange from when the factory was built. We can also replace it with a program-controlled exchange developed by Harbin Institute of Technology... We can even try to persuade the municipal post and telecommunications bureau..."

"Forget about persuading the municipal post and telecommunications bureau; we don't have that much influence in Jilin."

Ning Juntao quickly interrupted Tian Guirong.

Jiangbei Machinery Factory is indeed a key military enterprise, but Jilin is also a national heavy industrial base. During the First Five-Year Plan period, it established a chemical industry base and is the cradle of the national chemical industry. After more than 20 years of development, it has a complete chemical industry system.

Relatively speaking, the funds in JL City are tilted towards the chemical industry.

Jiangbei Machinery Factory was a military factory and was not under the jurisdiction of the local government.

"Since we can cooperate with everything, let's cooperate with all of them and tie ourselves to Harbin Institute of Technology!"

Tian Guirong said through gritted teeth.

"Isn't this a bit too much?"

"No way! Harbin Institute of Technology is just a school. They have ample funding and strong R&D capabilities. They don't seem to have any intention of establishing large-scale production bases and factories yet. If we don't seize this opportunity to partner with them before Harbin Institute of Technology becomes a behemoth, we won't even have the chance to cooperate in the future!"

"No way!"

Ning Juntao never expected that Tian Ronggui, who constantly cursed Harbin Institute of Technology, would value the "bastard" unit he called him so much.

"How could it not be? Harbin Institute of Technology was among the first batch of key universities in China. Not only is it expanding rapidly now, but it has also restored its postdoctoral research station... Previously, Harbin Military Engineering Institute was split up, with the missile engineering department remaining at the National University of Defense Technology, while some were distributed to other schools... But Harbin Institute of Technology has restored its aerospace engineering department..."

Tian Guirong carefully analyzed the situation for Ning Juntao.

The biggest advantage of universities is their strong scientific research capabilities. The only drawback is that they receive too little funding from higher-level governments and have too few research projects to undertake, which leads to slow progress in scientific research.

As Harbin Institute of Technology sells the weapons it develops to the international market, the funding problem that has been hindering their development is no longer an issue.

"Then we need to study the plan carefully and see how we can deepen our cooperation with Harbin Institute of Technology."

After listening, Ning Juntao immediately felt that this was indeed a huge opportunity for the development of Jiangbei Machinery Factory.

The factory lacks both projects and R&D funding. If it were to partner with Harbin Institute of Technology and become a manufacturing plant for the products they develop, all these problems would be solved.

well.

very perfect.

"Furthermore, we can prioritize graduates from Harbin Institute of Technology through this cooperation opportunity. Since they are trained by Harbin Institute of Technology itself, communication with the university is easier, and as they grow, the factory's technical capabilities will also improve rapidly..."

The more Ning Juntao listened, the more excited he became.

"If we go back and discuss it with the factory's leaders, and things get messy like before, who knows how long it will drag on? We don't want to miss another opportunity!"

"Alright, let's discuss it further. I'll invite Principal Zhang for drinks tonight and inquire about the school's situation."

"No way. Let's finalize the plan first before contacting them."

Ning Juntao did not object.

The two went straight back to the guesthouse and began to think about how to cooperate more extensively with Harbin Institute of Technology, thus binding themselves together and using Harbin Institute of Technology's scientific research capabilities to develop Jiangbei Machinery Factory.

The talents trained by Harbin Institute of Technology are all sent to relevant units across the country.

Collaborators will definitely have priority in talent allocation, which will not only help them build a foundation but also accumulate talent.

The next day, Liu Debao brought Sun Maocheng and others from Jiangshan Machinery Factory back to the school. After learning the purpose of their visit, Ning Juntao realized how wise it was not to go back and discuss it with the factory's leaders first.

Upon learning that Jiangshan Machinery Factory had come for long-range rocket artillery, they proposed using Harbin Institute of Technology's program-controlled exchange system, Harbin Institute of Technology's numerical control system, and even purchasing newly added equipment from Harbin No. 1 Machinery Plant, which has a cooperative relationship with Harbin Institute of Technology...

That kind of courage is far greater than theirs.

"Just copy their cooperation plan, and then add cooperation in the development of man-portable air defense missiles and short-range air defense missiles!"

Feeling the pressure, Ning Juntao made a decisive decision.

"This kind of cooperation is great. Production units need technological research and development capabilities; we need production units to transform technology into products. Cooperation is a win-win choice... Moreover, everyone is a partner, and it is only right to support the development of our partners."

Xie Wei was not surprised at all by the cooperation proposal put forward by Jiangshan Machinery Factory.

The world will never lack people with a long-term vision.

Especially the leading cadres in China during this era.

If it weren't for their long-term vision and their long-term planning for the next few decades at the beginning of the reform, China would not have been able to lead the entire planet on its journey to the stars in less than a century, starting from poverty and backwardness.

"There's a problem: if we cooperate for a long time, once the partner has developed its foundation and accumulated enough capital, they might want to leave us behind and go it alone..."

Liu Debao expressed his concern anxiously.

When the school-enterprise cooperation office first started collaborating with Huadu Oil and Fat Chemical Plant, Xie Wei proposed that we should not put all our eggs in one basket.

How much time has passed?
He actually forgot!

"Military technology cooperation is different from civilian technology cooperation. Secretary Liu, the research and development of military technology is often not driven by profit as the primary goal, but by technological advancement to narrow the gap between our technology and that of the international community; civilian products are different, and must be market-profit oriented!"

Xie Wei explained earnestly.

It's practically impossible to make military technology profitable.

Putting aside other things, even though the Type 99 tank was finalized and put into production in 1999, before the turn of the 21st century, the military still did not replace all its tanks with the Type 99 series tanks in the end.

The outdated 96 series still exists on a large scale.

Even after the Type 15 light tank appeared, the PLA did not deploy it on a large scale. Instead, it chose to build up its reserves, producing only a small amount each year to maintain the military production capacity of its factories.

Ultimately, military industrial units may not get rich, but they certainly won't starve.

The only way to make money is through military exports...

Of all the advanced technology and equipment in the country, how much can be exported?

Even after Xie Wei left his era, the J-20 had gone from a sweet newcomer to an old lady, and ultimately it still couldn't be exported.

"Moreover, even if some advanced equipment is developed at a higher cost, if it endangers national defense security, not only will the higher-ups not allow it, but we ourselves cannot even think about selling it..."

Xie Weiyi said righteously.

Liu Debao's lips moved, as if he was about to retort.

Xie Wei added, "Of course, if survival itself becomes a problem, as long as it doesn't seriously threaten national defense security, survival must be the first consideration..."

Got~
Xie Wei said both the nice and the bad things.

What else could Secretary Liu say?
At that moment, he didn't want to say anything.

"So, we're just going to sign the contract with them like this?"

"Has Factory 122 not given a clear answer yet? If they don't want to cooperate, just tell them we're giving up on cooperating with them to build cars! There are so many companies across the country!"

The cooperation with Factory 122 has not been finalized after so many days.

Xie Wei was unhappy.

Look at Jiangbei and Jiangshan Machinery Factory. Both are military industrial units, so why is Factory 122 so slow in doing things?
We should launch the Hafei Hongguang to the market as soon as possible, quickly seize the market, accumulate capital and technical experience before foreign automotive technologies and brands flood in on a large scale, and then move into the sedan market.

Once the automotive business has grown and joint venture brands have emerged, and the government has begun to increase its support for the automotive industry, then the university-enterprise cooperation office can finally sell the shares of Hafei Automobile held by it.

Harbin Institute of Technology will then receive substantial funding, and the entities that purchase shares will also reap significant investment returns due to the rapid growth of the domestic automobile industry over the next decade.

What a wonderful thing!
But now, Factory 122 is refusing to sign a contract because Xie Wei wants 40% of the shares for 500 million yuan, and nothing has even come of it.

(End of this chapter)