Chapter 326: Financing

What level is 200 million yuan in research and development investment at the national level? In 1994, the specific figure for the entire society's investment in scientific research was not found, but Han Songlin still remembers the 1997 figure, which was 50.7 billion yuan.

So in 1995, it was at most 30 to 40 billion yuan.

At this time, China really didn't have the money to invest in research. Everyone knew that research was the future, but without the present, how could you think about the future.

'I plan to invest more than 500 million yuan in research and development this year!'

He's not bragging, is he?

At this time, the thought simultaneously crossed the minds of Lv Zhiyong and the others:

Who doesn't know someone who is a particularly good bragger!

He doesn't have a penny to his name, but he dares to say that he has 10,000 yuan in the bank.

It seems that this is the norm for people 20 years from now.

'After the acquisition is expected, I hope you can focus on one thing: polish the product well and be prepared to endure loneliness. In the future, we will face all kinds of competition, not just competition in technology, but also other various means.

'But in the end, we will be the ones to win!'

'After the acquisition, I hope to continue recruiting talent from outside. I can never have too much talent. My desire for talent is like King Zhou's when he saw Daji!'

Mi Yi couldn't help but laugh at Han Songlin's words, and the other three also laughed.

Mi Yi's eyes were like crescent moons as he laughed: 'Chairman Han, the King of Zhou and Daji are not a good analogy!'

'I was just making an analogy. Originally I wanted to say that it's like a lecher seeing a beautiful woman, but I felt that it was a bit too vulgar!'

When I was young, I thought that the King of Zhou and Daji were bad people. But when I grew up, I realised that it was just another story of the kingdom and the beauty.

After laughing, Lu Zhiyong said, 'Han Dong, I don't know, how do you want to acquire Xiwang?'

Han Songlin's gaze suddenly turned to Mi Yi, and he suddenly fell silent. He fell silent not because he saw Mi Yi's beauty, but rather because his mind had suddenly shifted to a different train of thought.

'In fact, strictly speaking, Xinghai Group will not completely acquire Xiwang Software. You know about the financing of Internet companies in Silicon Valley, right?'

'Xinghai Group hopes to invest in you and not participate in the specific operations of Xiwang Software.'

When Han Songlin came here before, he was indeed prepared to say that Xinghai Group would directly acquire Hopeful Software and turn it into a department specialised in industrial software research and development.

However, after getting in touch with Mi Yi, Han Songlin changed his mind.

The idea of working behind closed doors is unacceptable!

It is not enough just to develop software for Xinghai Group.

Many companies in China also need industrial software.

Hopeful Software needs a large number of users to use the software in order to improve its performance.

At the very least, the more people who use it, the more bugs can be found.

In the end, Hopeful Software raised 20 million yuan in financing, and Xinghai Group obtained 50% of the shares, becoming the largest shareholder of Hopeful Software. The entire investment went very smoothly. Han Songlin found a lawyer through Zhang Yue to draw up the investment contract, and then transferred the money. The whole process took just one week.

Mi Yi became the general manager of Hopeful Software, with overall responsibility for the company's operations.

As for Lv Zhiyong, he became the chief technical officer of Youwang Software, with overall responsibility for the software development work.

The 20 million yuan of funding was enough for Youwang Software to last for a while.

Han Songlin and Mi Yi exchanged views on some of the next development issues for Youwang Software.

First, Han Songlin told Mi Yi that the CAD software of Youwang Software would be given free of charge to universities in China.

In addition, the CAD software of Youwang Software would also be given free of charge to other companies for trial use.

At present, Hopesoft should not think about making any money, but rather focus on two things: expanding the market share and, most importantly, constantly improving its own technology.

As for the question of how Hopesoft should survive without making any money, the initial plan is for Hopesoft to rely on financing to burn money.

It doesn't matter if the first financing runs out, there will be more money to continue burning.

In addition, Hopesoft can be divided into personal users and enterprise users.

Personal users will be free, while enterprise users will be charged.

Of course, since it is charged, there must be some better functions and so on.

For example, database functions and functions for connecting to the network.

If it is used by a company, then it must be able to collaborate, and even collaborate remotely. Someone in Beijing may need to communicate with someone in Shanghai.

With networking, it means that they can communicate directly in the software, and they can see whatever the other person does.

This way of communicating is much more efficient, isn't it?

With this, will the company become a paying user?

Maybe, maybe not, who knows.

As for Han Songlin's comment that the software will be given to schools and individuals for free, to be honest, Mi Yi was shocked!

Software companies nowadays don't have the concept of free use.

If you want to use it, you have to pay, or you can use pirated software.

'Making money is not the priority for me, developing the software is the most important thing. As long as you occupy the market, you can always make money.'

Mi Yi: 'Han Dong, don't worry. We hope that CAD will be able to seize the entire domestic industrial software market in less than six months.'

Han Songlin chuckled and shook his head: 'There is no need to actively seize the market. We can just set up an official website and let users download it directly from there. The most important thing you need to do now is to promote CAD to universities. Let universities teach students to use the software, and let them all use our CAD. Then, after these students graduate, they will already be used to using our products, and when they enter the workforce, they will naturally use our products as well.'

That really makes sense!

"In addition, we need to recruit more talent. We not only need to make CAD (computer-aided design) software, but also CAM (computer-aided manufacturing), CAT (computer-aided testing), and CAE (computer-aided engineering).'

Han Songlin suddenly remembered another piece of software called EDA (electronic design automation) software.

If a foreign country has it, China must have it.

It doesn't have to be more advanced than foreign countries, but it must have it.

If you don't have it, foreign countries will hold you back.

'There's also EDA.'

Mi Yi laughed, 'Han Dong, we're going to do industrial software, right?'

'Yes, we're going to do it all! We can't do without industrial software, and in the whole of China, who else but us can be said to be doing the best?'

'For this matter, Han Dong, you'd better discuss it with President Lv. I'm not getting involved in R&D!'

Han Songlin looked outside through the glass. At this time, the entire Hopeful Software looked very busy, and everyone felt a sense of relief in their hearts.

With Xinghai Group's investment, the funding problems that had plagued Hopesoft were resolved.

Xinghai Group's money was also quickly in place.

With the money, they naturally went on a major shopping spree.

For example, they got a server unit.

Also, the previous computers were not very good, so they were replaced.

The air conditioning was also turned on, and they no longer had to worry about saving electricity.