Chapter 346 The topic of investing in higher education (1/4)

,!

"Some time ago, I had a conversation with Pei Qing from Taiji Group about scientific research, and I think it has a lot of reference for you." Ye Zishu said.

Although he feels that the three companies are still unable to spend so much money to cooperate with New Oriental in higher education, but it is no problem to prepare from now on.

The three companies are about to enter the harvest period, and they even say that they have the ability to invest in higher education, and the preparatory work can be done first.

Seeing everyone at the scene looking at him, Ye Zishu said: "In order to expand the business of the company, Taiji Group decided to enter the field of biomedicine and medical equipment.

It's just that our country is relatively backward in these two aspects at present, and the level of education obviously cannot keep up with their needs. The most important thing is that there are few high-level talents.

And the limited high-level talents are basically in national scientific research institutions, even some secret institutions. It is almost impossible for us to recruit them.

In order to solve this problem, we can only invest in education and cultivate our own high-level talents. Although this should not be done by a company, the situation is such that we have to do so.

Unless we are willing to do some unimportant businesses and want to become a global giant, in addition to large scale, the most important thing is technical strength.

In order to strengthen my country's education level in the field of biomedicine, it is also to enhance the scientific research strength of Tai Chi Group itself, and it is also to make use of global intellectual resources.

So they decided to spend 10 billion yuan every year to cooperate with New Oriental Education Group to establish a medical school with biomedicine, medical management and service as the main content. "

Before Ye Zishu could go on, the heads of the three companies all exclaimed, investing 10 billion yuan in higher education every year, and it was only a college, which opened their eyes.

This 10 billion yuan is equivalent to how many top domestic universities' education funds, at least the amount of education funds combined by the top ten, which is really a bit scary.

After being amazed, they had to admit that the Taiji Group is really rich and powerful. The annual investment of 10 billion yuan in education must only take up a very small part of their revenue.

If the proportion is too large, it will definitely not be able to maintain a long-term and stable investment. Once there is a disturbance in the company, it is likely to affect the investment in this area.

The emphasis on education investment is stability and continuity. If the investment is only for three to five years, there will be no money to invest in the future, and the previous investment will be in vain, which is very uneconomical.

Only with sustainability can we get rewards in talent harvest and school scientific research. The harvest cycle of education is too long, which is not something ordinary companies can handle.

"With the crazy investment of Taiji Group, I believe that it won't be long before the medical school they jointly established will become the world's top medical university." Ren Zhengfei couldn't help but said.

When other people heard Ren Zhengfei's words, they nodded unconsciously, expressing their agreement. In the future, with the increase of Taiji Group's revenue, the investment in this area may continue to increase.

Of course, whether the increase depends on how much return this medical school brings to Tai Chi Group, mainly including the return on talents and the return on scientific research achievements.

If this institution of higher learning can continue to provide Taiji Group with high-level talents, or continue to provide Taiji Group with top-notch biomedical and other research results, Taiji Group will definitely continue to increase investment.

This realizes the benign interaction between education and business management. The business will grow bigger and bigger, and the education will be better and better. This is the most ideal state.

After they digested the news, Ye Zishu continued, "Actually, you can also cooperate with New Oriental Education Group to establish your own independent college.

For example, Phoenix Technology can cooperate with them to establish a software and information engineering college to train the world's top software talents for themselves, which will be very beneficial to your future development.

At present, most of your technologies are provided by me, but from the perspective of long-term operation, you must achieve self-reliance and self-improvement. Investment in scientific research and personnel training are hurdles that no company can get around.

Qinglong Technology Company and Xuanwu Technology Company also need to do the same. Although your profits are not very high now, this is only now.

According to your current development plan, as long as there are no major accidents, future revenue and profits will not be low. In order to maintain a longer-term competitive advantage, it is very necessary to invest in education properly. "

Ye Zishu also did not say that it would invest 10 billion yuan in education every year like Taiji Group. The scale of investment depends on the strength and actual situation of each company.

The profit margin of Taiji Group is very high, and it is not too difficult for them to come up with 10 billion yuan, and the possibility of being deliberately targeted in the health care products and medical industries is relatively low.

The future revenue scale of these three companies will definitely not be low, and may even exceed Taiji Group, but it is still quite difficult to catch up with Taiji Group in profit margins.

Among the three companies, Phoenix Technology Company is most likely to be close to Taiji Group in terms of profit margin. Ye Zishu thinks that the net profit margin can reach more than 50% is not bad.

Although the hardware investment cost of the software industry is not as large as that of physical enterprises, the number of workers is quite large, and the labor cost is much higher than that of industrial enterprises.

Unless their various software products are leading the way and gain a major market position in the world, it is possible to achieve a net profit margin of more than 50%.

In fact, their profit margin has reached this level now, because most of the technology comes from the technical information provided by Yeshu, which greatly reduces the cost.

Without the technical information provided by Yeshu, it would be almost impossible to do this. However, it is impossible for Yeshu to provide technical information all the time, and they will have to do their own research and development in the future.

These are nothing. The risks and uncertainties faced by the three companies are higher than those of Taiji Group. Once they are specifically targeted, their revenue may become unstable.

Therefore, in terms of investment in education, we must do what we can, and we must not be arrogant. At least we must ensure that even in the most difficult period of the enterprise, we can still support the continuous investment in education.

So Ye Shu said: "I'm not saying that each company invests in a higher education institution independently, and cross-investment is completely possible to avoid instability of funding sources.

For example, Qinglong Technology Company and Xuanwu Technology Company have cross-research on electronic semiconductors, and they can jointly invest in the School of Microelectronics Engineering.

Another example is that Xuanwu Technology Co., Ltd. has a lot of machinery manufacturing business, and Kirin Industrial Group also has this kind of business, so it is completely possible to jointly invest in the School of Mechanical Automation Engineering.

In addition, all enterprises need their own management talents, and they can also jointly invest in the establishment of a business administration school with the goal of cultivating top management talents.

And most of your companies are involved in basic research, so you can cooperate and invest in the School of Materials Engineering, School of Physics, School of Chemistry, etc.

It adopts the model of joint investment and mutual benefit. After the results of education, you can share the talents, and the results can also be distributed according to the proportion or special agreement. "

Hearing Ye Zishu's words, they all nodded, thinking it was a good way, anyway, they need to invest a lot of money in scientific research every year.

The establishment of specialized colleges of higher education, on the one hand, cultivates talents, and on the other hand, they can also share the scientific research results. Moreover, the research of higher education institutions is more unconstrained than the research within enterprises.

It can be said that most of the research in colleges and universities focuses on the future, while most of the research in enterprises focuses on the present, in order to enable enterprises to survive better.

Of course, whether the research in colleges of higher learning focuses on the future depends on their academic level. If it is just an ordinary college, it is difficult to do this.

Therefore, in terms of education investment, Ye Zishu's attitude is either not to do it, or to be the top in the world if it is to be done. Only in this way can it bring continuous benefits to investors.

If it is just an ordinary college, it is better to directly recruit students from domestic universities, or conduct scientific research cooperation with domestic universities, which will have a higher return than your own investment.

"This is indeed a good idea, and it may bring us unexpected gains." Ren Zhengfei said with a smile.

Others also nodded. This year most of their funds need to be used for expansion. After the special period of this year is over, the future income will not be small. Investment in education and scientific research is due and affordable.

"After you go back, you can discuss this matter with New Oriental Education Group, or you can bring in Taiji Group to discuss it together. At least for now, your funds for investing in school hardware facilities are still sufficient.

The construction of the campus will also take about a year. At that time, you will have enough ability to afford more financial investment, and then invite the world's top scholars to come.

At the same time, it offers generous remuneration and recruits top domestic students to study, and even top students in the world can come in.

If the speed is fast, it may be put into use in the second half of next year and start to operate officially. "Leaf Book said.