CHAPTER 697: CHAPTER 627: THE STATE OF AFFAIRS (PART 2)

"As for the biomedical incubator park in the south," a glint of coldness flashed in Yan Yueqing’s eyes, "holding the most cutting-edge patent authorizations and startup capital, yet the park managers are zealous in building relationships and attracting sponsorships, turning laboratories into someone’s ’political achievement showrooms’ and ’clubhouses’. Truly potential startups receive no support, while some empty shell companies thrive by faking subsidies. Core patents? Poor conversion rates, even secretly authorized to connections with minimal returns."

Jiang Yu listened quietly, her daughter’s precise description confirmed her deepest concerns. She interjected, her voice seasoned with worldly insight: "This is not an isolated case. Yueqing, what you see is the phenomenon; we need to delve deeper into the root cause. Why is it that industries under our Jiang Family’s name, when overseas ’Xuanji’ becomes coveted by Western elites, yet here in Hua Country, these become tasteless, a chicken rib, even... a cancer?"

Yan Yueqing’s thoughts were clear, she pointed directly to the key: "I believe, firstly, the volatility of external policy environments and the shortsightedness of managers create a vicious circle; secondly, headquarters, which means you, mother, your long-term ’absence,’ leading to failed supervision, scattered morale, and lost direction."

"Continue." A look of appreciation appeared in Jiang Yu’s eyes, encouraging her daughter to go deeper.

"Let’s talk policy first." Yan Yueqing pointed to the dim light points, "Hua Country’s development changes rapidly, with frequent and deep policy adjustments. Such as the decline in new energy subsidies, significant increases in environmental standards, shifted focus on supporting tech innovation companies. This is the trend, inherently not a problem, even progress. But the problem lies in our local managers, especially those non-core members of the Jiang Family, only responsible for short-term profits, professional managers or ’connections,’ their vision is too short!"

She intensified her tone: "Faced with policy changes, outstanding operators would keenly adjust directions, proactively transform and upgrade, turning challenges into opportunities. For instance, the photovoltaic base, they could have taken advantage of the wave of technological iteration, using the existing foundation to move towards more efficient new technology research or differentiated products.

But what about our managers? They choose the laziest and most dangerous path—either sticking to old technology, relying on past achievements, or deviating completely from their primary business, speculating on policy trends, even maintaining superficial prosperity through falsifying accounts and deceiving subsidies.

Because they know, as long as the accounts ’just pass,’ the headquarters overseas can’t reach them, the money due every year still transfers. They pursue ’security’ of the reports during their term and ’maximization’ of personal benefits, not the industry’s long-term foundation and core value! Policy volatility becomes their excuse for slackness and speculation, not motivation."

Jiang Yu nodded deeply, adding a deeper layer: "Not only that, Yueqing. Policy changes often accompany differences in local execution scales and ’personal connections’. When relationships become the primary resource, technology, management, and market, these core competencies are naturally neglected.

This is another form of shortsightedness, also a common ’disease’ bred under certain business environments in Hua Country. The name and continuous funding of our Jiang Family, in fact, exacerbate this unhealthy trend, making them feel more fearless."

Yan Yueqing agreed: "That’s exactly it. Then, there’s the ’absence’ issue you mentioned, mother."

She looked at Jiang Yu, her gaze complex, "It’s not your fault, it’s the circumstances. But the objective fact is that you, as the soul figure and ultimate responsible person of these investments, are long unable to attend the scene. Only relying on regular reports, third-party audits, and occasional inspections can’t penetrate through layers of embellishment, reaching the real management chaos and strategic lost direction."

"The headquarters’ focus is forced on the survival of the three main industries overseas, on the entanglements with Western powers and family internal traitors. For distant Hua Country investments, ensuring ’money is in place’ is all we can manage, unable to conduct in-depth strategic guidance, timely personnel adjustments, and effective risk control."

"The Heavenly Net system was supposed to be a regulatory tool, but previously, key permissions weren’t consolidated, and its focus wasn’t on Hua Country’s business, causing delayed information and distorted feedback. Managers know headquarters ’can’t see’ or ’can’t care,’ inevitably breeding laziness and greed. Morale has waned, teams are hard to lead, even the best industrial base can be hollowed out."

The mother-daughter analysis went straight to the core, the atmosphere was heavy but also kindled the flame of breakthrough.

"Therefore, the first step in returning is not just strategic shifting, but awakening this frozen land, clearing these lesions." Yan Yueqing’s eyes glinted with determined light, "Mother, we cannot wait until a comprehensive return to act, by then it will be too much, becoming a huge burden and resistance. We must start now, utilizing the gradually consolidated power in our hands, to conduct ’scraping out toxins’ and ’meticulous cultivation’."

Jiang Yu’s spirit lifted: "You already have an idea?"

"Yes." Yan Yueqing pointed at the dim light points. "No more flood irrigation-style funding. Using the ’Heavenly Net’ system directly under our control, integrating my previous inspection results and deeper data mining, to create accurate profiles for each Hua Country project, assessing their true value, causes of decline, and management status.

For those completely rotten, beyond saving value, even becoming negative assets and risk sources, decisively cut off, clear, separate! A warrior cutting his arm to avoid continued bloodsucking and triggering larger regulatory risks or reputation crises.

Second, for projects that still have core value but are delayed or misled, conduct ’blood replacement’ and ’return to position’. For instance, the photovoltaic base in the northwest, the technical base and equipment foundation are still there. Deploy a core team absolutely trusted by you and me, knowledgeable in technology and management, to replace the current incompetent management.

Meanwhile, utilize the powerful data analysis and resource allocation capability of ’Heavenly Net’, to re-plan its technical route, connect with the latest industry policies and market demands in Hua Country. Financial investment will be strictly tied to phased technological breakthroughs and market expansion results, ensuring every penny is spent wisely..."

The mother and daughter talked at length, Jiang Yu’s eyes brightened more as she listened, until she finished, she nodded happily: "Very good, you have indeed grown! Since you have a plan, go ahead with it, all the rights I have are open for you!"