Chapter 331: Coming with Principles
I originally wanted to interact with everyone as an ordinary person.

But you insisted on having a meeting.

That works.

Then I have no choice but to come clean and stop pretending.

The old father worked hard for decades and earned himself a veto power.

Hard-won.

It should be used when necessary.

Especially at this critical juncture, even the biggest rival Jin Muyan has been silenced, and it seems that Thousand-Armed Guanyin is about to become the strategic focus.

If I don’t take action now, it will be too late.

What is the Thousand-Armed Guanyin project?
high tech!

No one in this world knows more about high technology than me, Wei Xiao.

High investment.

The cycle is long.

The risk is high.

Similar projects are simply money-eating beasts in the early stages. They put in as much money as possible and never take a penny back.

of course.

There will be profits, but they will have to wait until the end of time.

Value investing?
Haha!

For gamblers, speculation is king.

With a tenfold rebate in hand, of course you would go for projects that produce quick results.

If you throw money into the Thousand-Armed Guanyin, how many lifetimes will it take to use the rebates?

Wei Xiao had calculated this account clearly before coming.

There is nothing you can do about the Thousand-Armed Guanyin.

Since Jin Muyan is useless and unable to resist, this president will have to take action personally.

“I exercise my veto power and reject Mr. Shen’s proposal.”

Shen Xin thought of all the possibilities, but never expected this one. She asked in horror, “Why?”

“Boss Jin has already said the reason. The logic of Thousand-Handed Avalokitesvara is not particularly strong.”

When Jin Muyan heard Wei Xiao throwing the shit sprayer at her, she immediately moved away.

“You guys can do it on your own. The logic is not strong, but if you follow this model, I won’t comment.”

He said he would not express any opinion.

In fact, he has already expressed his position.

The logic of Thousand-Armed Avalokitesvara is not solid because you are just messing around and you bear the risks at your own risk.

If you had realized it earlier, you would have gone to the capital market to dilute your risks.

The logic of Thousand-Armed Guanyin is still solid.

At least it’s tougher than you tinkering with drones.

Wei Xiao waved her hand: “No, no, no, I have learned from my mistakes and think that for now we should stick to the main line and do a good job in logistics.”

Shen Xin was the first to disagree: “Little Boss, if you are threatened, just blink.”

“No.” Wei Xiao said firmly. “This is a decision I made after careful consideration based on the needs of the group’s development.”

“Then what’s the point of all the hard work we’ve put into the Thousand-Armed Guanyin these days?” Shen Xin’s logical thinking was already messed up.

“It was a mistake.”

“No! Then what about the head investors, Xu Chuang, Gou Da Hu, and the fund that Mr. Song just negotiated? What are these?”

“They were wrong.”

“What about innovation without limits? What do you mean by innovation without limits?”

Wei Xiao didn’t buy into this moral blackmail at all, and said thoughtfully, “It’s just empty talk.”

“In short, I have decided not to carry out the Thousand-Armed Guanyin project.”

“I have finally figured it out. People can only manage wealth within their own cognition.”

“A poor student like me who only knows how to look at the quadrants and see that odd numbers change but even numbers do not change, still wants to make money from space science.”

“Too abstract!”

“Even if this project can be financed, let others make the money.”

“This wealth, which is beyond my ability, will one day flow back into society in various ways.”

“Rather than this, I might as well stop now and save myself a few years of detours.”

Hear this.

Jin Muyan couldn’t help but look at her former best friend again.

She has grown.

She learned to self-correct.

This is almost impossible for someone with her background.

Being born with a silver spoon in her mouth, she is naturally more advantageous than others, which makes her surrounded by illusions.

Everyone speaks and acts only according to her wishes.

Over time, she will believe that she will not make mistakes.

Looking back at Shunfeng’s previous series of investments, this phenomenon seems to exist in every one of them.

It seems to be a wild and unrestrained idea, but in fact it is arbitrary and autocratic.

This is also the fundamental reason why Jin Investment wants to separate from Huawei.

But today, Jin Muyan wavered.

Wei Xiao is capable of self-criticism and correction.

She bravely admitted her mistake today, which was not at all what I imagined.

Just when Jin Muyan was distracted, Wei Xiao had already walked towards the door.

Stay one more minute.

She might fail.

Anyway, the veto power has been used.

If everyone can accept it, then accept it.

If you can’t accept it, there’s nothing you can do.

The chairman of the board is not the secretary of the board, so he does not need to explain his decisions in detail.

Just as I was about to step out of the meeting room.

suddenly!

A strange figure appeared in front of the door.

Black jacket.

Frameless glasses.

Not very old.

He held a briefcase in his hand.

Standard entry attire.

“Who are you?” Wei Xiao was sure that she didn’t know this person.

“Zhao Jing, Development Department of the Space Administration. Nice to meet you. Please take care of me.”

Wei Xiao was a little stunned, and slowly stretched out her hand: “Hello…”

“I’m sorry, Mr. Wei, I came a little hastily, but it’s better to be early than late.”

Wei Xiao finally reacted, smiling on the outside but feeling a little resentful in the heart.

I thought to myself that you are indeed sorry.

I’m having a company meeting here. It’s rude of you to come in without saying goodbye.

Coming from the space agency, it’s just a few things.

Especially now.

The Thousand-Armed Guanyin just launched an attack, and the entire Internet was furious. It is highly likely that nothing good is going to happen.

Therefore, Wei Xiao’s attitude was a little cold: “Director Zhao, right? Well, please wait in the VIP room, I’ll be there soon, we just finished a meeting here.”

“I’m sorry again, President Wei. I just heard that you want to stop the Thousand-Handed Guanyin Project?”

Wei Xiao narrowed her eyes and looked at Zheng Xiaotong, her eyes full of dirty words.

But he turned around and put on a business smile: “Yes. Director Zhao is not an outsider. I just want to inform you that we can’t do this project.”

“why?”

Wei Xiao spread her hands: “You can see that the effect is not good.”

Zhao Jing stepped into the conference room and said, “Everything is difficult at the beginning. Everyone has a first time.”

He began to shake hands with everyone present.

“Hello there!”

“Hello there!”

“Hello there!”

“Hello, Mr. Cao, I’ve heard a lot about you!”

After exchanging pleasantries with everyone, Zhao Jing came to the center of the conference room.

“This time, I am here on behalf of the newly established Civil-Military Support Office of the Space Administration.”

“This department was appointed by Director Xie.”

“The main function is to coordinate the relationship between enterprises and institutions with aerospace business.”

“My first stop in my duties is Shunfeng.”

Zhao Jing’s words were sonorous and powerful.

Every word reveals the importance of being lucky.

No way.

We have to pay attention to it.

The office where Zhao Jing works was established only a few days ago, and the biggest driving force behind its establishment was Shunfeng.

Wei Xiao was also somewhat flattered: “Director Zhao, you are too polite. Since it is work-related, we should visit Director Zhao.”

“There is no you and me anymore. We are all on the same side now.”

Wei Xiao didn’t understand: “Why?”

“Please circulate this notice that has just been issued.”

Finished.

Zhao Jing slowly opened his briefcase and took out a red-headed document.

Several policy measures to promote high-quality development of commercial space

[The Science and Technology Commission and the National Space Administration require the promotion of high-quality development of the commercial aerospace industry, the acceleration of military-civilian integration in the field of space technology, and support for various institutions to initiate the establishment of venture capital funds, focusing on early investment, long-term investment, and investment in hard technology…]

“The document has a lot of words.”

After Zhao Jing distributed the documents, he began to interpret them automatically.

“It probably means that the country strongly supports the development of commercial spaceflight.”

“We have reached an agreement with the State-owned Assets Supervision and Administration Commission that the venture capital funds of central enterprises and state-owned enterprises will focus on opportunities in commercial aerospace.”

“The duration of the investment fund has been extended to 15 years, and no returns are required in the short term.”

“When investing, these funds do not consider cash flow but only potential.”

“As long as it is a commercial space project, we should invest as much as possible without asking for returns, and we will not be held accountable if we make a mistake.”

“In a word, support the development of domestic commercial aerospace companies at all costs.”

The words fell.

The meeting room began to get restless.

Many people began to whisper to each other.

Although the content of the official document was complicated, they were very clear about the main idea.

State-owned capital will step in greatly and invest in the commercial aerospace sector.

Big move!
To know.

This money is not as simple as venture capital funds.

Behind them are conservative funds such as commercial insurance and social security that never take the initiative.

People are conservative for their own reasons.

The amount of these funds is ridiculously large.

Ordinary venture capital funds are only a few hundred million, but the scale of these funds requires a ten-thousand-dollar addition before the hundred million.

The support that is spoken of is usually not counted.

Only real money can provide real support.

“Director Zhao means that… the boom in commercial spaceflight is coming?” Wei Xiao understood.

“Yes.”

“What does that have to do with us having a tailwind?”

Zhao Jing smiled slightly: “We have submitted your company’s Thousand-Handed Guanyin to the above as the first batch of demonstration projects to apply for venture capital.”

When Song Jie heard about the money, he immediately became interested: “How big is it?”

“Sir, you may not have read the document carefully.” Zhao Jing said slowly. “The spirit of the document is very clear. For high-quality projects, there is no upper limit and no return.”

There is no limit——!
Nothing in return——!
Oh my god!
Song Jie originally thought that it was already a great achievement for him to go to Shanghai and get 25 small targets.

did not expect.

Director Zhao just gave me a blank check!

What’s more, the funds behind them are not from venture capital companies, but insurance funds!

Translated, it means unlimited bullets!
“What do you mean? There is an expectation of capital injection for Thousand-Armed Guanyin?” Shen Xin became excited.

Zhao Jing shook his head: “Take out the word ‘expected’, it’s a done deal. We reported this Shunfeng project as a priority, and now all we have to do is sign and go through the process.”

“my God!”

“In addition, we conducted research on the Thousand-Handed Guanyin project and felt that the capabilities of the Luojiashan laboratory were limited.”

“What do you mean?”

Zhao Jing: “We suggest that your company give more support to the Luojiashan Laboratory, such as splitting it out to conduct research in different fields.”

The words fell.

Shen Xin couldn’t help but stepped forward and held Zhao Jing’s hand, shaking it hard!

You must be the rescuer invited by the monkey!

So timely!

What Zhao Jing said was exactly what Shen Xin and the others expected!
But Zhao Jing did not come here empty-handed.

He holds a document and has unlimited bullets in his pocket.

The weight of one’s words is naturally as heavy as Mount Tai.

Thousand-Armed Guanyin can still be saved!

then!

Shen Xin turned around and looked at Wei Xiao at the door: “Little boss? What do you mean?”

Wei Xiao’s scalp tingled, and he said with a guilty conscience, “Director Zhao, you may not know that in principle our company no longer carries out commercial aerospace projects.”

Zhao Jing shrugged helplessly: “I just heard about it. I came here with principles today. Mr. Wei, please think twice.”

“…”

If Zhao Jing had the intention of killing Thousand-Armed Guanyin, he would not have forced his way into the meeting room.

He has done thorough research on the project.

Domestic commercial space projects are all unfinished and are at the starting line.

Only the one with the wind ahead of him was ahead.

What’s more, Shunfeng also has Chendun, which has long-term experience in participating in the national defense industrial system.

When it comes to increasing investment in commercial space, the first thing they think of is Shunfeng.

It is impossible for Shunfeng to stop the project at this critical juncture.

Zhao Jing explained: “I have already communicated with Mr. Chen before I came here, and he also supports it. Now only you, Mr. Wei, are left. No matter what difficulties Shunfeng has, we will help you solve them.”

Wei Xiao was speechless: “This…”

“Is it a matter of money? The State-owned Assets Supervision and Administration Commission is involved in this matter.”

Wei Xiaoyao: “Not really…”

“Is that technology? There is the Aviation Industry Group in this area, and I know that Luojia Mountain has also made some achievements.”

“Forehead……”

Zhao Jing looked at Wei Xiao’s surplus and threw out a trump card: “That’s the business resistance? If you need, we can solve it.”

Jin Muyan: ???

Wei Xiao: “Neither, the key is…”

“Then just tell me what difficulties you have, I will do my best.” Zhao Jing gave his all. “Anyway, we have to continue with the Thousand-Handed Avalokitesvara, this is our greatest hope for overtaking others.”

“It’s done—no difficulty!”

Wei Xiao let out a long sigh and thought to himself, now that I have come to this point, what other difficulties can I have?
If you keep on procrastinating, it would be a bit shameless.

(End of this chapter)