Wu Dingguo laughed loudly, turned his head and said to the elder: "What do you think? I told you, this guy is a stubborn guy, he will never give in to what he insists on. When I held a meeting to discuss whether to open a steel plant in Nanyang, this guy was like a fool and firmly opposed it. I was so angry at the time. Most people don't have his courage."

The elders present all laughed.

Academicians Chen and Yang were both surprised to hear this story for the first time. They looked at Lin Zhiyuan in surprise. They didn't expect that Chairman Lin had such courage to oppose the elders in person.

The elder smiled and said, "I've heard about Xiaolin's story before. That's great! Being brave enough to speak out and make suggestions is what a party member and cadre should do."

"But you know what, this guy still has a strategic vision. If he hadn't insisted at the time, the new factory might have been set up in Nanyang. Not long after that, the Nanyang financial crisis broke out. He also saved the country from huge losses." Wu Dingguo looked at Lin Zhiyuan, "You are so persistent this time. Do you still have confidence in your judgment?"

"Yes, Secretary Wu, the satellite navigation system is of even greater significance to the country. It is no exaggeration to say that it is a national treasure. How can we easily trust others with something that is linked to national security? We must insist on independent development."

The elder suddenly asked, "Do you know how much money is needed to develop a satellite navigation system? How long does it take? How many scientific researchers are needed to work on it? Most importantly, with our country's current level of technology, can we independently complete this system?"

Wen Tiangao looked at Academician Chen and Academician Yang, "Two old scientists, tell me, if we want our own satellite navigation system to achieve the same effect as the GPS system of the United States, how much research funding will it cost?"

The two academicians said without hesitation, "Leader, it must be at least 40 to 50 billion."

"So do you think we can develop a satellite navigation system independently?"

This time the two academicians hesitated for a moment. "Leader, it's hard to say with our country's current scientific research level, but I believe that as long as the country pays attention and everyone works hard, we will be able to complete the task."

After several elders finished asking questions, the chief elder looked at Lin Zhiyuan again, "Xiao Lin, do you still insist on your point of view? I heard that you said in the last meeting that if you want money, you will give money; if you want people, you will give people. Does your statement still count now?"

Lin Zhiyuan looked determined, "Leader, my promise always counts. I can guarantee here that during the development of the entire satellite navigation system, we can bear the research expenses for the part that China Electronics Technology Group is responsible for, and the state does not need to spend a penny..." At this point, Lin Zhiyuan blinked his eyes, "But I also have a small condition, that is, when our own satellite navigation system is commercialized in the future, the research expenses invested by China Electronics Technology Group must be converted into investment, and dividends will be distributed to us according to the proportion."

The elders burst into laughter. Wu Dingguo pointed at Lin Zhiyuan and said, "I knew you wouldn't do a business that would lose money. Are you planning to do this to us?"

The elder looked at Lin Zhiyuan with interest. "Xiao Lin, you mentioned commercial use just now. Let me ask you, are you so confident that we can independently develop a satellite navigation system? Also, do you think the commercialization of the satellite navigation system will have economic benefits?"

"Reporting to the leader, I am absolutely confident, 100 percent confident. As for the question of the benefits of commercializing the satellite navigation system, I can answer it in eight words: 10 billion investment, 100 billion return."

Wen Tiangao, who was sitting on the side, also laughed. "Among the leaders of the central enterprises, Zhiyuan ranks first in terms of business acumen. The things you are optimistic about are probably not bad."

The reason why Lin Zhiyuan answered so confidently was that he was a reborn person and knew the development trajectory of the satellite navigation system. Shenzhou spent 70 billion in scientific research funds to develop the entire satellite navigation system, but after it was completed, the profit was 530 billion, and its economic benefits were very obvious.

Today's meeting ended here. Although several elders said they would go back and study it further, Lin Zhiyuan and the two academicians knew that the matter was basically settled.

Everyone walked out of the courtyard. The two academicians shook hands with Lin Zhiyuan one after another.

"Director Lin, although we haven't dealt with each other many times, your performance makes us two old men admire you."

"Yes, Director Lin, we will be working together in the future. I hope we can work together to build our satellite navigation system as soon as possible."

Lin Zhiyuan was very modest in front of the two academicians. "Two seniors, our satellite navigation system depends on you. I am here to express on behalf of Shenzhou Electronics Technology Group that we will definitely go all out."

A week after this meeting, good news came. The elders were asked to study and decide to independently develop our own satellite navigation system.

The satellite navigation system No. 2 project was officially launched.

Lin Zhiyuan urgently convened a team meeting and decided that Deputy General Manager Jin Kun would be in charge of the matter. He selected talents with corresponding professions from across the group to join the R&D team, and allocated 1 billion yuan in research funds in advance.

Lin Zhiyuan knew his strengths and weaknesses, so he never interfered too much in the most professional matters. Jin Kun's own research direction was satellites, and he was a member of the Satellite Navigation No. 1 system research and development team. It was most appropriate for him to take charge of this work.

This is a national key scientific research project. Yuan Zhilong didn't dare to say no, but when he heard the figure of 1 billion yuan, his heart bleed.

These are all the management fees paid by Dongtian Electronics!

After allocating 1 billion yuan in research funds, Lin Zhiyuan also felt a headache.

Dongtian Electronics paid $200 million in management fees, equivalent to RMB 1.6 billion. However, the group was just starting out, and money was needed everywhere. The group spent tens of millions on purchasing various facilities, and more than 100 million was spent on subsidies to loss-making units some time ago. In the later period, scientific research was strongly encouraged. In less than a month, more than 300 million was allocated for various projects. In addition, a large amount of scientific research expenditure will be required soon. Since the development of 134 nanometer technology, the photolithography machine has been stagnant. If we want to independently develop a new generation of photolithography machines, we lack many key components, and international cooperation is imperative.

In mid-August, Lin Zhiyuan and Minister Wu went to the State Council to report on their work, and Wen Tiangao met with them in person.

In addition to reporting on the work of Shenzhou Electronics Technology Group in this month, Lin Zhiyuan's main purpose was still the lithography machine project.

"Leader, lithography machines, like satellite navigation systems, are important national tools of the future. We cannot develop them behind closed doors. I hope our superiors will approve us to publish our existing scientific research results to the world, and use our leading immersion technology to seek cooperation with world-class lithography machine companies to improve our overall lithography machine manufacturing level as soon as possible."

Faced with Lin Zhiyuan's request, the superiors were very cautious. After several meetings and research, they finally approved Lin Zhiyuan's request.

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