Shockingly, a counterfeit factory has produced a 3-nanometer chip.

Chapter 420 Found a New Handle

"What touched me most was his statement, 'I don't care about seniority, title, or connections; I only care about scientific value.'"

"How many people in China's scientific research community have been harmed by the 'brand name' system? Finally, someone is willing to disregard seniority and only look at projects?"

"The logic behind the operation of the entire makeshift organization upstairs is not just China, but a society based on personal connections."

However, Mr. Shen's foundation will definitely face a large-scale smear campaign in the future.

"Well, anyway, this foundation seems good so far. I hope it can keep going and not become a seniority-based project."

…………

Meanwhile, in Guangzhou, Shen Fei was alone in his office, watching the comments section of a CCTV interview, surprised by the overwhelming support from netizens.

Wang Hua, the Minister of Human Resources, also knocked on the door and came in. She was the first Secretary-General of the Transsion Future Technology Foundation and was responsible for setting up the foundation's team.

"Boss, in the 24 hours since the foundation's application channel opened, we have received 47 applications."

There are five projects in basic materials science and two projects in optical engineering.

There are still a few applications for the chip project.

I've already consulted Professor Li Jiahui on this matter. Professor Li believes that the Tsinghua-Peking University team's new silicon-based photonic chip has completed its principle verification, but currently lacks funding.

Shen Fei looked at the document for a while. This silicon-based photonic chip gimmick was indeed interesting... and it belonged to the next generation of research.

"Has the selection committee been chosen? We need to find people who truly understand the technology, not bureaucrats or people with connections?"

"We've already made contact."

We initially selected three people: a retired academician, a professor of semiconductor physics at Tsinghua and Peking Universities, and our researchers.

Then, a cross-review process requiring a majority of votes is needed to pass.

"Add some more..."

Shen Fei looked at the planning announcement and shook his head.

"Find some young scientists in their 30s outside, they don't need to be famous, but they need to be at the forefront of scientific research."

Young people have a different perspective than the older generation; they are better at understanding which areas have potential.

Each item requires 20 votes, and a majority vote is needed for passage.

Wang Hua wrote in his notebook: "Okay, add another batch of people."

He closed his laptop and gave Shen Fei a slight reminder: "Boss, 100 billion seems like a lot, but at this rate of application, plus the speed at which these projects are consuming funds, it might not even last a year..."

Should we control the approval rate?

Shen Fei quickly shook his head: "No need to control it."

If we come across a truly good project, we'll add more money if we don't have enough; we're not short of funds.

Money is not a problem if it's a good project.

The foundation's main responsibility is to filter out those worthless projects.

Wang Hua nodded. She had overlooked one point: the foundation's 10 billion yuan subsidy was similar to Pinduoduo's—it was merely a symbolic figure...

However, Transsion's investment is genuine, while the other company's is...

"By the way, the review process should be open and transparent."

Projects that pass the review should be publicized, and feedback should be given to projects that fail to pass the review.

Find out what's not good enough, how to improve it, and let those teams that rejected us know where we fell short so we can do better next time we apply.

After all, for some people, our foundation is indeed their lifeline.

They may not meet our standards, but we should still provide angel investment.

Of course, what Shen Fei didn't say was that those who try to scam funds by simply creating a PPT presentation should also be exposed without mercy.

After all, he's just rich, not stupid.

"Okay, boss, we will follow your instructions and create a standardized process. We will also blacklist certain individuals accordingly."

Shen Fei nodded in satisfaction. Yes, he understood what he meant.

Just as Wang Hua was about to leave, Shen Fei called him back.

"In addition, the foundation's projects are audited every quarter, and the audit reports are made public."

We need to make sure everyone can see where every penny goes.

University teams that receive funding and produce results should also publicize the results immediately so that people can see the effectiveness of the foundation.

Remember, this isn't just a foundation's story, nor is it a shield for us to show off; it concerns all Chinese tech entrepreneurs.

"clear."

Wang Hua nodded and quickly left.

Judging from the current pace, 100 billion is nothing, and even Transsion's 3 trillion is nothing. They are more like a seed that, with the help of the suppression from the United States, has started a nationwide wave of industrial innovation.

Forbes' ranking strategy may actually have turned out to be a blessing in disguise.

…………

Across the ocean, in America.

In a conference room, Bob was criticized by his superiors for the failure of this psychological warfare.

He then glared angrily at everyone in the conference room.

"Tell me, why did this happen?"

"Why? Why don't they resent the rich? Isn't that a weakness of all of them? Why did they fail this time?"

At this moment, everyone in the conference room had their heads down and were rolling their eyes, their faces full of contempt, but this was not directed at their boss.

Instead, it's a video played on a large screen.

After all, Shen Fei was saying that money was just a number to him, and he was somewhat illiterate and couldn't read!

How can there be such shameless people in the world who are more wealthy than those top American families and yet are illiterate!

"Boss, it seems our plan has indeed failed."

We didn't incite internal divisions among them; instead, we gave them excellent propaganda, demonstrating that in this competition, unless force is used, we may have already truly lost.

"Shut up!"

Before he could finish speaking, he heard a rebuke from Bob!

After all, this was only in the conference room. If his words were spoken outside and got out, he might as well just give up and go to sleep.

"This person is unlike any of the companies we've ever dealt with."

The meeting room was silent for a long time before Bob finally managed to utter this sentence.

"Boss, his reputation is excellent right now, so should we continue?"

Despite asking this question, the agent still placed a document on the table.

That's a public notice from the Transsion Future Technology Foundation.

The entire structure was very open and fair, but he knew that no organization could be without its own agenda!

"Alright, let's halt the psychological warfare plan for now. Let's carefully examine their structure and see if there's anything fishy going on, any false advertising in the small print, so we can find some leverage against them!"

"Yes."

Everyone breathed a sigh of relief and then carefully studied the plan.

The people present were not to be underestimated, and Jack quickly discovered something fishy!

That means Transsion is recruiting review experts, regardless of nationality!

Jack's eyes lit up instantly; his chance for a promotion and a raise had arrived.