419: Chapter 419 Transsion Future Science Foundation

Everyone in the conference room remained silent upon hearing this, all nodding silently in agreement.

They also knew that once this program aired, Zhang Shiqing's position would likely change, but this also meant that the family that had been gathered together would soon be separated again.

At this moment, after silently nodding, Dong Qian smiled and asked, "Do you have any extra plans for the money you have on hand?"

The original intent of this question was to ask if Shen Fei wanted to improve himself, such as in various aspects...

However, was Shen Fei still sticking to the old-school approach?

He pulled a piece of paper from his pocket, unfolded it, and faced the camera.

"We are preparing to establish another Transsion Future Technology Foundation, with an initial investment of 10 billion."

Shen Fei's voice was no longer the playful tone from before; it carried a sincerity etched into his very bones.

The attention of all three was fixed on him, especially Dong Qian's.

"This foundation will do only one thing: support basic scientific research."

He placed the paper on the coffee table, tapped it silently, and continued to elaborate on this goal amidst the host's smile.

"There are many young research teams in China's universities. They are young and very capable, but they lack the most crucial thing: money."

"The national research funding is limited. Once divided among all the universities and teams, there isn't enough. Furthermore, some directions are too cutting-edge and the risks are too high; if a team fails to secure funding, that's it—the research direction dies. This is our biggest problem. It's not that we lack people; it's that there are too many people and not enough funding."

Dong Qian nodded as well, a look of regret appearing on her face: "That's true. Our population exceeds 1 billion, and we have the most talent. However, due to issues with research funding, we have indeed seen a significant brain drain."

This is a pain for the entire society. Behind the statistics of brain drain, there are even more talented individuals quietly conducting research. Of course, there are also some who are indeed defrauding funds. These problems are unavoidable, and there's no need to avoid them. After all, every family has its share of trash.

"Our foundation aims to address this pain point. If research teams at universities have good projects in fields like Chip Design, materials science, optical engineering, quantum computing, or biomedicine, but lack the necessary startup capital or funding for critical equipment, they can apply to the foundation."

"The foundation's review committee won't check your connections, won't ask about your credentials, and won't look at your professional titles. They only look at whether your project has scientific value and feasibility. Once approved, the foundation will provide the corresponding financial support."

"Mr. Shen, you said something very well just now—the review process. After all, big projects like this will definitely be targeted by unscrupulous individuals. They will certainly fabricate projects to defraud research funds. You must be very thorough in your investigations regarding this."

Shen Fei smiled and nodded, a look of understanding on his face.

"Ms. Dong, please rest assured. Our review committee consists entirely of experts from various fields, and it operates under a system of accountability. After all, our money isn't that easy to get."

At this point, Dong Qian applauded once again.

At this moment, everyone understood that Shen Fei's ability to easily survive the crisis from abroad wasn't just because netizens believed in him and were willing to support him. It was because he did what he said he would do; he was worthy of everyone's trust!

The two discussed the foundation's review process, such as screening projects to filter out overly whimsical proposals. Meanwhile, the filtered targets would also undergo a secondary assessment to ensure no glimmer of hope was missed. At the same time, viable proposals would be handed over to an expert group for a second round of evaluation, only then determining the corresponding research funds and supervisory equipment.

"And what about this? The foundation should have a corresponding return mechanism, right? If it constantly requires you to provide blood, then this isn't a healthy fund, and that would contradict your goals."

Mentioning returns, Shen Fei returned to the perspective of Shen the Philanthropist.

"That's right. As Ms. Dong said, our foundation is not a charity organization, and Transsion is not doing charity. We provide capital and bear the risks. After a project succeeds, the revenue from the transformation of technical achievements will be returned to the foundation in a certain proportion. But this money won't go into my pocket, nor will it go into anyone else's pocket; it will continue to be injected back into the foundation to support the next project. This forms a virtuous cycle, allowing limited capital to leverage infinite imagination."

Afterwards, the reporter asked Shen Fei a few more questions, and Shen Fei managed to mix in quite a bit of self-promotion, such as the GG for the Transsion S series and the launch of new Transsion Auto models... In the second half, Shen Fei also relaxed.

Finally, Shen Fei offered some entrepreneurial advice to young people, telling them not to just focus on the internet and business model innovation. They should still start from technology; although it's slower and harder, it has deep roots.

After the interview ended, Chen Fei stood up and shook hands with everyone on the production crew, including the lighting assistant holding the reflector in the corner. Then he picked up the phone on the table and instructed everyone, "Continue the meeting?"

The cameraman watched his back disappear into the hallway and said to the others, "Don't you think this shot was incredible? Nobody delete this footage; this material is too profound." The camera assistant on the side nodded as well.

"I know, the contrast before and after is too great. The first half he was like a stand-up comedian, and the second half he was like the director of a national laboratory. This man..."

After the interview aired on CCTV, the internet was once again flooded with content about Shen Fei.

"Is this interview for real? I feel like Shen Fei has been pushing their products the whole time."

"This guy is so good at acting cool. He actually said money is just a number to him, yet also said he doesn't know how to read. His ability to play along with memes is no less than ours!"

"It's over, we're done for. Can't out-study him, can't out-earn him, can't even out-meme him. Damn it! Let's just go back to babbling nonsense!"

"That 10 billion donation is really impressive. Although I know the richest man Shen doesn't lack that bit of money, having the guts to take out that amount is really bold."

"When did it become your turn to sympathize with the rich, upstairs? Did your brain get fried from screwing in too many bolts?"

"Damn, there are still trolls screaming in this comment section at a time like this. Damn, that's impressive!"

"Sigh, I have to say, this foundation's model is really good. It's not a one-time donation, but a circular investment. The money goes out, and the results are converted back. If there's something they can use themselves, they can use it directly. I feel like this 10 billion can leverage projects worth hundreds of billions!"