Chapter 1053: Chapter 521 Really Splendid and Generous!_2
Meanwhile, the experience gained during the experimental process was also extremely important.
After completing the experiments on mice, they needed to perfect the device, ideally adding some functions necessary for human life, and then they could start studying the unique "neural wave signals" of the human body.
Further research didn’t require much consideration; they already had a roadmap.
As a representative of Hong Kong Biotechnology, Wang Ye’s views on the research had undergone a dramatic change. When the experiment was not successful, he thought continuing it was a waste of funding.
Now, he believed that even spending an additional thirty million was worthwhile.
No!
Even if it cost a hundred million or two hundred million more, the chance to own such research technology was utterly impossible.
"Once the research is reported, the company’s stock price will skyrocket, right?"
Wang Ye thought to himself.
Hong Kong Biotechnology held most of the patent rights and all of the usage rights, and just the authorization of related patents would surely bring in a handsome profit, not to mention that they were already one of the largest medical equipment manufacturers in the country, and the market’s outlook for them would certainly be positive.
"This time, we’ve made a fortune!"
"I should not have doubted Academician Zhao or his laboratory!"
"To develop such technology so quickly! It only cost thirty million... I must report this great news to the company right away!"
Thinking of the news, Wang Ye also became excited, "I should also receive a substantial bonus, right?"
...
While Wang Ye was pondering his own bonus, many in the laboratory were doing the same.
A major breakthrough in the project was a matter of pride for the Biomedical Research Institute and the laboratory, but also for each individual. Yet, what was directly related to the individual was the financial gain from the research—money was very important to everyone.
They weren’t like Zhao Yi, who had already achieved financial freedom.
The development contract between Hong Kong Biotechnology and the Biomedical Research Institute, as well as Zhao Yi’s laboratory, included a provision for high bonuses for the research personnel involved.
The provisions were not only for laboratory researchers but also included those from the research institute and sponsors of the Biomedical Research Institute.
The maximum bonus stipulated in the contract could reach up to sixty million, with the minimum at five million; five million was equivalent to no achievements, and if the project was abandoned or concluded, that amount would be given for free.
The institute would adjust the distribution of the bonus since it was Zhao Yi’s laboratory’s research, and Zhao Yi’s laboratory would get two-thirds of it.
Although the contract referred to "total achievement bonus," with such significant progress, Hong Kong Biotechnology would undoubtedly "express" its gratitude.
Indeed!
The next day, Hong Kong Biotechnology held a high-level meeting, announced the major news, and decided to apply for disclosure with the securities regulatory authority while also swiftly fulfilling the contract by providing the research institute with the first installment of a substantial bonus.
Eight million!
When negotiating with the research institute, Hong Kong Biotechnology also stated, "After the project is completely concluded, the remaining bonus will be distributed in one lump sum."
Given the achievements of Zhao Yi’s laboratory, there was no doubt that they would receive the maximum bonus; eight million at this stage seemed a bit low.
But mobilizing eight million in funds on short notice was not easy, and the contract was very detailed, so there was no fear of Hong Kong Biotechnology failing to comply; there was no need to delve deeper into it.
For the research institute, receiving eight million in bonuses at once was not insignificant.
The laboratory received more than five million.
The distribution of individual researchers’ bonuses was to be decided by Zhao Yi; he transferred two million to the laboratory’s account, one million to his own account, and the remaining two million were distributed.
This decision also received the support of the researchers, as the distribution of over two million as research bonuses was already more than they had anticipated.
Of course, there was no lack of grumbling.
A few researchers were joking around in private when Ai Lixin spoke up, "Our laboratory must be the richest now. The other day I checked the laboratory account... guess how much..."
"How much?" Zhu Qi was very curious.
Li Ming was also interested; they had not been with Zhao Yi’s laboratory for long and had not paid attention to the laboratory’s account status.
Only Zhao Yi, Ai Lixin, and Zhang Wei had access to the laboratory’s funds as they were the first to join the laboratory. Ai Lixin was responsible for liaising with finance, while Zhang Wei seemed to be doing Zhao Yi’s work, managing the accounts, and every expenditure from the laboratory’s account had to be approved by her. frёewebnoѵēl.com
Ai Lixin said mysteriously, "This is our laboratory’s secret. I’m only mentioning it because we’re all part of the same team, to give you an idea. Even our institute doesn’t know, so you absolutely must not spill the beans."
He explained, "It’s mainly to prevent the institute from eyeing our laboratory’s funds."
Li Ming and Zhu Qi nodded their heads in agreement.
Ai Lixin gestured the number "four" with his hand but didn’t go on to explain; instead, he let the two guess.
Li Ming’s mouth dropped open in shock, "Forty million? That much?"
"That’s too much!"
Zhu Qi also exclaimed in surprise; the funds in an average laboratory account were not even close to forty million, it would already be quite impressive to have ten million.
The source of a laboratory’s account funds was mainly the money distributed by the research institute each year, each quarter, for the laboratory’s general expenses, but the institute distributed very little. Zhao Yi’s laboratory, which received the most funding, got only two or three hundred thousand per year.