No, the school arranges students to go to the factory, and the factory will give the school money. Many factories will find schools for lack of employees and sign 1 or 2-year contracts with them. The company will give the school some employment placement fees, and the factory will sign a labor contract with you for two years after graduation. If it defaults, it will be fined. But not much. This is nothing more than a way for schools to make money in disguise.