Chapter 327 Annual Meeting
“Thank you for everyone’s efforts. This year’s mission has been successfully concluded.
Whether it is for the entire Light Armor Aerospace or for me personally, the past Every year is a good year.”
Every large and small company in Dongda University will have annual meetings.
In the years when the Internet was at its peak, leading major manufacturers, second-tier manufacturers, and even some small Internet manufacturers would make annual meetings a big success.
The prizes handed out at the annual meeting have also become fodder for comparison among employees on social media.
As the Internet wave passed, Dongda expanded its scale, and the road to listing on Nasdaq was basically blocked, the annual meetings of Internet manufacturers also became quiet.
The ghostly video of the big guys singing and dancing at the annual meeting seems to have only existed in those few years.
As the trust monster of commercial aerospace in the Eastern Hemisphere, Light Armor Aerospace will naturally hold its own annual meeting.
In the past year, composite power rockets have been researched and developed, but it does not mean that they have no revenue. Both electric rockets and Trailblazer series rockets have set launch records, with annual revenue exceeding 50 billion RMB. In business, The huge success cannot be ignored.
Such high revenue is not only due to the continued development of commercial aerospace demand and strong launch demand from manufacturers dedicated to unmanned driving, but also because patent licensing fees have also maintained a rapid growth trend.
Compared with SpaceX, which walks on one leg, Light Armor Aerospace walks on several legs at the same time.
Even so, Guangjia Aerospace's annual meeting is also quite low-key. The low-key is not because there is no money to make the annual meeting grand, nor is it because the prizes handed out at the annual meeting are not available.
Simply because the information disclosed at the annual meeting is very sensitive. If it is made public, it will be easily analyzed by competitors.
“Since I am not at the Shenhai site, in order not to delay the follow-up sessions, I will announce the most anticipated session first.
That’s this year’s Team Contribution Gold, Silver and Bronze Awards. ”
Starting from the year before last, Guangjia Aerospace changed the awards at the annual meeting from outstanding individuals to outstanding teams.
The team here is project-based.
Because Generally, a person will not only have one project, but the same person will have at least two or three projects, and at most, there will be people involved in eight projects at the same time.
Of course, the premise of being able to hold so many positions is that you really have it. Because of your strength, the team will not initiate a vote to kick you out
After the project is established, there will be two opportunities to initiate a kicking vote every year. If more than two-thirds of the team members vote in favor, they will be kicked out.
In addition, there may be two or three groups working on the same project at the same time. If others progress faster and have achieved phased results, then other groups may be disbanded. As for whether the team members can join For the previous group, it was entirely up to the group leader.
This mechanism, which is somewhat social Darwinian, has gradually reached a balance through dynamic adjustment.
“As in previous years, this year’s team contribution award is still completely decided by me. If there is a project that you think is more valuable than the projects I mentioned, you are welcome to send me an email to give me feedback.
If you want to respond, remember to write a sufficient reason.”
Since the team contribution award began, Chen Yuanguang has never thought about sharing the cake, and the senior executives will judge the award together.
He proposed the method of sending email feedback and wrote it into the company's system. Even the human resources department has developed an email template, but no one has used it since it was proposed.
“The winner of the gold medal this year is the research on optimization of the Pioneer series reusable launch vehicle system
In view of the need for multiple reuses of Pioneer 2, combined with the overall system configuration, aerodynamic shape, Design constraints on key variables such as structural mass, separation height, separation speed, etc., study the global energy optimization method for the full-cycle mission profile, and achieve the design goal of optimal energy distribution, thereby reducing the energy loss caused by rocket reuse and recovery and improving the carrying capacity. < br>
The overall load recovery rate increased by 20%.”
At this time, all Guangjia Aerospace employees who had worked in Mianyang for one year had returned to Shenhai. Colleagues around Lin Tianmin were congratulating him because he participated in this project.
Even in Mianyang, I participated in this project remotely.
“Tianmin, congratulations.”
“I have to treat you to a meal, I have to treat you to a big meal.”
“Last year’s Special Contribution Award, this year’s Gold Award, I’m afraid I’ll treat you to a meal. Not enough.”
Lin Tianmin couldn't help but smile bitterly when he heard the compliments from his colleagues around him, because last year's special contribution award was based on the fact that he went to Amerikan to communicate and was locked up for a month.
Although I was very happy when I got the money, and the special contribution award was 500,000, I was still very nervous when I was imprisoned, and even suffered mental torture.
"I'm sure, I'll treat everyone to dinner later."
The bonus for the gold medal is one million, and each member will receive one million, which is much higher than the total annual salary.
Everyone didn’t say anything, but they were still very sad in their hearts.
Lin Tianmin has no plans to buy a house in Shenhai, so he doesn't feel so deeply about money.
On the contrary, he was thinking that he had worked with Guangshen before, and he could communicate at any time, and he could feel the part of Guangshen as a human being.
But now they have only been separated for a few days. Looking at the human face occupying the entire screen in front of him, Lin Tianmin feels that the God of Light is the main part of his thoughts.
“The first silver award is the research on cross-domain autonomous optimal guidance technology for reusable rockets.
This project is aimed at precise positioning and soft landing of reusable rockets across airspace/speed during flight. Based on the mission characteristics of multiple domains and multiple configurations/modes, the new system multi-model autonomous optimal guidance technology that adapts to complex aerodynamic characteristics and flight profiles is studied.
If design constraints such as power-on timing, engine throttling characteristics, strong nonlinear external disturbances, and guidance model deviations are considered, technical problems such as changes in maneuver control capabilities across airspace and speed domains, and complex effects of engine jets can be solved to achieve guidance under complex working conditions. Autonomous planning and strong robustness of trajectories.
Based on the current processor level, the online guidance trajectory planning time is ≤3s, the landing point accuracy is ≤100m, and the passing point control accuracy is ≤30m. ”
This kind of technology can be applied at the military level, but it is not suitable for disclosure to the public.
You have made it public, and American can fully speculate on the arrival of your technology based on the data you have disclosed. To what extent, we can even speculate on the technical route you adopt.
“The second silver award is the study of the spray combustion dynamic characteristics of the reusable engine depth variable thrust combustion chamber.
In view of the dynamic characteristics, precise flow control and efficient spray combustion coupling of the reusable 5:1 variable thrust process of the liquid oxygen kerosene engine, the spatiotemporal evolution behavior of the flow inside and outside the needle plug injector was studied, and a non-linear model suitable for a wide range of operating conditions was established. Steady atomization model, develop prediction methods for droplet size, concentration field distribution and mixing characteristics under unsteady conditions.
The influence of momentum ratio, overrun ratio, etc. on the spray combustion characteristics of the needle plug injector was also studied, and the dynamic characteristics of the needle plug injector under different back pressures and the spray in a wide range of operating conditions were obtained. Combustion coupling law, establish the atomization combustion characteristics database of needle plug injector, and form the optimal design method of needle plug injector"
"Finally, thank you for your hard work, I will not disturb your enjoyment today. After the annual meeting, the Spring Festival is approaching. I wish you all a Happy New Year in advance. ”
The gold medal is 1 million per person, the silver medal is 500,000 per person, and the bronze medal is 200,000 per person, all before tax.
The gradient of the bonus is very obvious. Chen Yuanguang disappeared The annual meeting will continue after that. The annual meeting is much the same as other company annual meetings. Program performances and high-level speeches are standard.
"Tianmin, I will also win the gold medal next year." Zhou Jin said fiercely.
He had the opportunity to participate in the project for which Lin Tianmin won the gold medal, but he refused.
One reason is that people will say that they are using the back door. Lin Tianmin is considered to be one of the earliest employees of Guangjia Aerospace. His job number is in the first fifty. Zhou Jin originally joined Guangjia Aerospace through Lin Tianmin's internal recommendation channel.
The other thing is that Zhou Jin was also approached by another project at that time. Zhou Jin thought that project was also very promising, so he chose that project.
The results are indeed promising, but due to the high difficulty, it has never been completed.
"How is your project going lately?" Lin Tianmin asked.
Zhou Jin is engaged in research on the high-angle-of-attack flow characteristics and aerodynamic layout optimization of composite recovery rockets.
To put it simply, during the rocket recovery process, the characteristics between the rocket body and the aerodynamic surface are used to decelerate, reducing the propellant consumption caused by the active deceleration of the engine, and maintaining stable control capabilities during the entire process.
It is a valuable subject in the recyclable rocket branch.
These large and small research projects surrounding the Trailblazer rocket will ultimately further reduce the launch cost of the Trailblazer rocket and the cost per kilogram of payload.
In the commercial aerospace field, cost is the line of survival.
It does not mean that as long as the technology is good, there will be unlimited resources to invest. The real world is not a simulation business game. Even if you can go to the moon, you must measure input and output.
Of course output is not just economic benefits. Technology patents in the research and development process, publicity role, upgrading of upstream and downstream industries, etc., are all outputs.
In Dongda, why have no other manufacturers entered this field? Even if the scale of the entire market is rapidly expanding, no matter how great your advantage is, there will still be capital to try.
The most typical example is smartphones. Even though the smartphone industry has entered a long downward channel, the five major domestic mobile phone manufacturers, foreign Apple and Samsung, these manufacturers have driven out all small manufacturers.
The only company that relied on Transsion to fight its way out of Africa was established in 2013.
Even though the smartphone market is so highly differentiated and so involuted that there seems to be no room for new players to survive, there is still NothingPhone.
Only in the commercial aerospace field, Dongda has gained a large amount of commercial aerospace market due to its rapid expansion of international influence.
Even if many countries dislike Amerikan, they would not consider leaving the rocket launch business to Tokyo University.
But now, Dongda's global commercial aerospace orders have grown by more than 50% in several years.
The entire market is expanding rapidly.
With such a huge market, many Guangjia Aerospace employees were dragged together to the capital market to inquire about prices to see how much they would be worth if they started a business.
Without exception, everyone who voted died.
Because the advantages of light-armor aerospace continue to expand, more than ten years have passed since SpaceX successfully developed the Falcon rocket and then iterated to the starship.
The Falcon Rocket itself only has two versions, 1.0 and 2.0.
The Pioneer series of Light Armor Aerospace has been iterating and never stopped. There are countless small versions from 1.0 to 2.0.
The results of the Team Contribution Award every year are verified by minor version updates.
This is the core advantage of the Trail Blazers series Rockets, and latecomers have almost no hope of catching up.
Even if you know the technical route of the pioneers, know the other party's technology, are willing to spend money to break out of the market, and make money back by going public, you still can't do it.
Compared with Guangjia Aerospace, Chen Yuanguang attaches much less importance to Guangjia technology.
After Guangjia Technology went public, even Lin Jia gradually delegated power to professional managers.
The entire company has become an innovative drug giant with a stable source of cash flow.
It is somewhat similar to the concept of Fosun Pharma. It relies on capital operations to acquire innovative drug companies when the market is not good. These innovative drug companies have good R&D capabilities and parallel innovative drug R&D pipelines, but Suffering from no investment and facing the problem of cash flow drying up.
Guangjia Technology only needs to pay a small price to complete the acquisition.
Take Sirnaomics as an example. This is an innovative drug company listed on the Hong Kong stock market. It focuses on the research and development of innovative small nucleic acid drugs. It has spent US$50 million on research and development in the past few years.
Guangjia Technology spent less than 20 million US dollars to acquire this company, which is more than a 50% discount in terms of R&D investment alone.
After completing the acquisition and cleaning up the original management, Sirnaomics’ small molecule drugs entered the clinical testing stage at the end of last year and are expected to generate profits of more than 50 million US dollars this year.
There are many similar cases in the operation of Guangjia Technology, all of which are acquisitions at low prices, purging the original management and injecting liquidity to continue to promote parallel research and development, and finally allowing the drugs to be launched to create profits.
Such capital operations are established at several levels, with the help of the cash flow brought by human hibernation technology and the huge network of relationships created by human hibernation technology.
These two points make Guangjia Technology unfavorable in such capital operations.
Even though Guangjia Technology’s main source of revenue is still human hibernation equipment, investors still ridicule that Guangjia Technology’s main business is capital operation, not biological equipment.
Compared with ordinary capital, Guangjia Technology has a much higher accuracy in investment judgments due to its good relationship with hospitals and domestic and foreign regulators.
Even the capital operation giants cannot compare.
The same is true for investment. Guangjia Technology can achieve a 50% success rate, while ordinary capital investment in innovative drugs can only achieve a 10% success rate.
Investment is Guangjia Technology’s biggest source of profit.
After sensing that Chen Yuanguang had no energy to manage Guangjia Technology, Lin Jia set a development direction for Guangjia Technology. From a purely business perspective, there was no problem with this development direction.
Revenue, profit, and growth are all impeccable.
The only thing is that if you make too much money, your internal self-developed innovative drug pipeline will not be able to get much stronger.
(End of this chapter)