Chapter 338: Research and development enthusiasm driven by financial incentives

Han Songlin's eyebrows and eyes revealed a satisfied expression; a man's romance is the beauty of machinery. 'Do you see the excavator over there?'

Zhu Xiangping looked in the distance and saw an excavator in the distance that was constantly performing rotary operations.

No, not one, but several excavators were operating.

'Yes, I see them!'

'That excavator is also produced by Fuxing Industry.'

Fuxing Industry produces excavators?

Zhu Xiangping was surprised. She wasn't at all surprised that Fuxing Industry produced dump trucks; that was its business.

But construction machinery such as excavators seemed a bit out of place at Fuxing Industry.

Previously, Han Songlin had thought the same thing.

Then he realised that he had really been thinking too simply.

Compared with other domestic enterprises, the biggest difference between Xinghai Group is that it invests particularly heavily in research and development.

So heavily that it borders on insanity.

At this time, many domestic research and development project teams were facing the problem of insufficient investment in research and development, so when Xinghai Group offered them a job, they were very happy to join the company.

In addition to recruiting established research and development teams, Xinghai Group also has arrangements in place at schools.

For example, it provides research funding to professors and associate professors at the university.

The funding is not much, and each professor only receives a few hundred thousand yuan.

All the engineering universities in Shuchuan have cooperated with Xinghai Group. One of the benefits of cooperating with the university is that Xinghai Group can have priority in recruiting outstanding students.

The university knows which students are outstanding.

Outstanding students naturally attract attention.

The university will recommend these students to Xinghai Group.

Xinghai Group will then send invitations to these students, and in the face of Xinghai Group's invitation, really no one can resist.

It's true that Xinghai Group has done a great job in terms of treatment.

Students who might have gone to various research institutes were lured to Xinghai Group.

After the graduation season in July this year, Xinghai Group hired a total of nearly 800 outstanding graduates from various universities.

Among them were 567 undergraduates, 176 postgraduates, and 38 PhDs.

Among the undergraduates, 360 were engineering students, and the remaining 207 were graduates in social sciences.

One thing to note is that most of these 207 graduates in social sciences are women.

That's right, women.

Why recruit so many female employees?

There's no choice, most of the R&D department are men, and basically all of them are the type of nerds.

The commonly known technical nerds, that's them.

So for the sake of their second half of life, Xinghai Group must take action.

Excavators appearing at Xinghai Industry, what can you say!

An inevitable accident!

In the field of machinery, Xinghai Group was established relatively late, but in terms of technology accumulation, it is really not bad; in addition to conducting research on its own, it also actively purchases technology from other places.

In terms of mechanical technology, China has accumulated a lot of technology over the years of industrialisation.

In addition to purchasing technology domestically, it also actively purchases it abroad.

Previously, Fuxing Industry had a project to renovate the Yanghe River, which required a considerable investment.

The person in charge of the project was Zhang Leping.

What is inevitably needed for this kind of engineering project?

Construction machinery such as excavators and bulldozers.

However, these kinds of equipment were in short supply domestically, and many had to be imported from abroad, so the prices were high.

Zhang Leping approached the R&D department of Fuxing Industry and asked if they could make a few excavators.

There is nothing like something you make yourself!

Fuxing Industry took apart two excavators they had bought, and when they looked inside, they realised that the technical difficulty didn't seem to be that great.

So they began their own research.

Fuxing Industry soon managed to copy an excavator, but then discovered that the hydraulics and electric transmission systems were not very satisfactory.

And when the copycat excavator was actually used on the construction site, it kept breaking down.

It could only work for an hour without a problem.

It was also very difficult to operate.

Whenever there was a problem, it had to be solved.

Fuxing Industry turned to Fuxing Power for help, hoping that Fuxing Power could develop a power system specifically for excavators.

The engines of excavators are completely different from those of trucks and cars.

Although they all burn diesel.

Fuxing Power did not refuse Fuxing Industry's request.

It must be said that Fuxing Power is really strong in engine development capabilities.

They quickly came up with an engine that was specifically suited to the requirements of construction machinery, with constant power, good stability under operating conditions and good cooling performance.

Basically, when it comes to construction machinery engines, noise reduction and weight are not really considered.

They are just meant to be tough and durable.

While Fuxing Power was working on the engine, Fuxing Industry was not idle. It set up a special R&D team to study the problems that had arisen with the first excavator.

The team's approach was to keep solving problems as they arose, until there were no more problems.

In just a few months, Fuxing Industry frantically updated and iterated the excavator.

This is how the excavator that Hansonglin and Zhu Xiangping saw came about.

Apart from Fuxing Industry's uncountable investment in research and development, the reason why Fuxing Industry was able to update and iterate its technology so quickly is also due to the application of various industrial software.

Of course, the most important thing is the crazy hard work of the R&D staff.

When Fuxing Industry set up the project to develop the excavator, they first held a meeting for the R&D staff, where they talked about nothing else but the future development of the construction machinery industry in China.

They laid out all kinds of economic data.

The R&D staff clearly realised just how huge a market the construction machinery industry is.

As long as a product is put on the market, no matter how rubbish it is, it will be able to make money.

Well, Fuxing Industrial does not allow junk products to be put on the market.

Nowadays, Fuxing Industrial is becoming more and more strict with the release of products to the market. They must pass several tests and be technically mature before being released to the market.

This requires the R&D staff to continuously improve the product.

In order to put the excavator on the market as soon as possible, the entire excavator R&D team worked sixteen hours a day, constantly solving problems as they arose.

The design drawings for the excavator were constantly being revised.

It is during this process of continuous revision that the excavator began to improve, and faults began to become less and less frequent, from continuous operation for one hour to continuous operation for 24 hours.

The construction machinery itself has this requirement, it needs to operate continuously for 24 hours without faults.

In order to achieve this goal, the hard work of the entire R&D team can be imagined.

Naturally, when the project is completed, the economic benefits that the entire R&D team can reap are also quite considerable.

Xinghai Group still adheres to the original distribution system set by Han Songlin.

The R&D team can receive a 3% profit share of the product.

The profit share refers to the profit after recovering the R&D costs. Anyway, the calculation is very complicated, and if you are not a professional in finance, you will not understand it at all.

The person who receives the most profit share in the entire Xinghai Group is Lin Wei. She previously researched motorcycle engines and diesel engines, and also participated in various research projects. Anyway, all kinds of miscellaneous things add up, and every six months when the profit share is settled, it is quite shocking.

Han Songlin did not want to cut back on the R&D staff just because they were getting paid a lot of money. Although it increased Xinghai Group's operating costs, it was all worth it because they were creating even greater wealth.

Why build high-end residential complexes in Jiangzhong and Yanghe? To put it bluntly, Han Songlin wanted to make the money back from them.