Chapter 85 MediaTek
Fan Wubing and Maximos have initially planned the direction of efforts for chip research institutions in the next few years, and are looking forward to the establishment of a large-scale chip-level technology research and development department after Wang Rongchang brought over Taiwan's local technical talents, and even the name was written.
"What's the point of "United Development Technology Co., Ltd." Fan Wubing asked Maximos for advice in a spoof manner.
"It sounds good, the English abbreviation is mtk, and it feels like a very loud name." The old Jewish man didn't know Fan Wubing's starting point, so he nodded and praised Fan Wubing's creativity.
Maximos's subordinates finally took out the Boeing passenger plane sale plan. When they handed it over to the old Jewish man, Maximos cut the total amount by five percent without frowning, and then said to Fan Wubing, "It can't be reduced anymore, otherwise the company will not make any profit at all, and I will be fired."
Fan Wubing looked at the plan and felt that it was not much more than Airbus's. In addition, Airbus' order was also taken by Maximos, so he didn't care much about himself. "Okay, send a fax to Boeing Corporation and said I agree to this plan."
Maximos personally instructed people to send the plan and the aircraft purchase plan reached by Airbus and Fan Wubing back to the headquarters with the fax from Fan Wubing. Not long after, the board of directors of Boeing gave a reply, entrusting Maximos as a plenipotentiary to sign a aircraft purchase contract with Fan's Investment Group, with a total value of US$2.1 billion.
"I should really celebrate with champagne." The old Jewish man was very excited and pulled Fan Wubing and said, "For the mainland Chinese market, this is a big order from Boeing. As the head of the Asian market, I have fulfilled my responsibilities."
Whether it is Boeing or Airbus, they will not do a loss-making business. Although the quotes given to Fan Wubing are already bargain, there is still some profit, so it will not lose money.
In fact, the aircraft manufacturing industry has been at a low point recently. Whether it is Airbus or Boeing, they are now beginning an era of small profit operations. They rely more on the government or board of directors' optimism about the future air transportation industry and continue to invest large amounts of money to support it. Both super-large companies enjoy preferential tax policies. Therefore, as long as they have orders, they will invest funds and will not have hard life.
What they are afraid of is not losing money, but that the products they manufacture cannot be sold. This idea is somewhat different from that in China.
After staying in Shanghai cuisine for two days, Wang Rongchang flew over from Taipei.
In name, he was commissioned by Gu Zhenfu, Chairman of the Straits Foundation, to go to Shanghai to be a contact person for the robbery of China Eastern Airlines aircraft. He negotiated on the fact that the frequent robbery of passenger planes on the cross-strait in the past year. In fact, in order to agree with Fan Wubing, he should cooperate with Fan Wubing to establish a chip-level R&D lineup to welcome the upcoming wave of development of the mobile phone industry and the semiconductor manufacturing industry represented by computer memory and graphics cards.
The Straits Foundation is a private institution in Taiwan. It was established in 1990 and was chaired by Gu Zhenfu. It is a bridge, not a wall. Its main task is to carry out technical and transactional work in cross-strait civil exchanges entrusted by the Taipei authorities, including receipt of entry and exit of compatriots on both sides of the Taiwan Strait, verification and delivery of documents in mainland China, repatriation of criminals on both sides of the Taiwan Strait, mediation and handling of economic and trade disputes, communication of academic and cultural exchanges, etc. Therefore, it can be regarded as an intermediary institution for the Taiwan authorities to contact the mainland.
The Straits Foundation adopts the form of a consortium legal person foundation, and the funds are donated jointly by the government and the private sector. When it was first established, it was positioned to coordinate the handling of matters related to people's exchanges between Taiwan and the mainland, and to protect the rights and interests of the people of the two places, and not to make profits.
The Cross-Strait Relations Association of Beijing, the Association for the Continental and National Taiwan Affairs, was established at the end of 1991. It is a legal person of social groups, with the purpose of promoting cross-strait exchanges, developing cross-strait relations, and realizing national reunification.
In 1992, the Association for Distribution and the Straits Foundation discussed in Hong Kong on how to express the issue of adhering to the one-China principle in cross-strait affairs negotiations. Later, it formed the expression of the one-China principle in the form of their respective oral statements, namely the 1992 Consensus, which also laid the foundation for the two sessions' consultations with the meeting between Wang Daohan, Chairman of the Association for Distribution and the Straits Foundation, and Gu Zhenfu, Chairman of the Straits Foundation.
In April this year, the first Wang-Ku meeting was held in Singapore, and cross-strait relations took a historic and important step.
From a general perspective, it can be said that it is basically a period of rapid easing of cross-strait relations, and cross-strait exchanges are unprecedentedly frequent. As a deputy position in the Secretariat under the Board of Directors of the Straits Foundation, Wang Rongchang was welcomed very enthusiastically when he went to Shanghai. The leaders of the city personally went to the airport to greet him to show his importance.
As a representative of the business community in Shanghai, Fan Wubing was invited to attend the banquet that received Wang Rongchang.
People in Shanghai are already very familiar with Fan Wubing. When they see this young man surrounded by others, they think of the miracle doctor with acupuncture skills on TV, and then they think of the new Silk Road Entertainment Company, which has become famous in Shanghai, and then they will also think of the Fan Investment Group, a super giant in the business world that has surfaced recently.
"This doll is not simple." Many veteran business people commented.
The city leaders introduced Fan Wubing to Wang Rongchang, but they saw that the two had already shook hands and started chatting.
Fan Wubing smiled and said, "When I was in Taipei, I thanked Mr. Wang Rongchang for his kind hospitality. Today, Mr. Wang arrived in Shanghai, so I was the one who came to the airport."
"What's the matter so small? Mr. Fan is a little petty when he says this." Wang Rongchang said with a smile.
"A businessman, of course, has to be petty, but we still have to treat friends with sincerity. Just like all the colleagues of the Strait Foundation, friends who are dedicated to the welfare of the people on both sides of the Taiwan Strait, I, Mr. Fan, admired me very much." Fan Wubing said a grand statement in a slight manner, and the leaders present felt a little depressed, and he said this to us.
This time Wang Rongchang came to Shanghai. After all, he still had official duties. He had to discuss with the people of China Eastern Airlines, exchange his experiences on hijacking, plan the aftermath, and have to contact the people in charge of the Association for the Federation of Seas and exchange courtesy. Therefore, although he was anxious to negotiate with Fan Wubing, he could not get out of his body for the time being.
But Fan Wubing comforted him, "Don't be too anxious. I and Mr. Maximos are here. I will wait for you to spend the past two days. Let's talk in detail, determine the way of cooperation and the scale of investment, and implement this matter."
"It's so good." Wang Rongchang said happily.
Wang Rongchang was busy in Shanghai for three days and finally came to an end. Although there were still some social engagements, they were not important, so the three of them got together.
Fan Wubing found a time-honored hotel, then invited Wang Rongchang to discuss the cooperation plan.
Wang Rongchang also brought a young man, who was about thirty years old and looked quite kind.
"This is my nephew Wang Shihan. I plan to let him stay in Shanghai and be responsible for contacting the mainland." Wang Rongchang pulled the young man and introduced to Fan Wubing and Maximos.
"Please support me, two more." The young man said very humbly to Fan Wubing and the others.
"Well, it's true that they are from a noble family, haha--" Fan Wubing nodded, asked everyone to sit down, and then said, "Prince, a few days ago, Mr. Maximos and I had come up with a general plan. We just don't know what the scale of Mr. Wang's technical team is, so we can't determine the specific level of cooperation. Today, with this opportunity, everyone should study it carefully."
"Okay, okay, okay!" Wang Rongchang was not polite, and took Fan Wubing's plan and started reading it.
After Fan Wubing acquired Intel's mobile phone chip research and development department, his main development direction was in communications. Wang Rongchang's technical team is mainly aimed at computer applications, and can complement each other resources. As for talent gaps in other aspects, he can use Maximos' connections in the United States to absorb them. The combination of the three parties is indeed seamless.
After reading the plan, Wang Rongchang said, "My technical team has about a hundred people, all experienced technical talents, and they are trustworthy in chip development. However, in terms of funds, our Wang family can not take out a lot. After all, there is a regulation on the capital limit in Taipei, so I can only invest 50 million symbolically, and there is no way to do that."
"In terms of capital, it probably requires about one billion yuan." Fan Wubing said after looking at Maximos, "This is the initial decision. In terms of technical talents, although I have more, I don't care about this. Let's equalize it. As for capital, Mr. Maximos' investment is about the same as Wang Gong, and it is 50 million, and I'm responsible for the rest. In terms of shareholding ratio, you two suffer a little loss, and each one can count 10% of the shares?"
If it is based on the capital ratio, Wang Rongchang and Maximos can only hold 5% of the shares each. Fan Wubing is willing to give them 10% of the shares each, which is considered to be considered generous.
Therefore, the cooperation agreement was immediately settled, and the three decided to immediately prepare for the establishment of United Development Technology Co., Ltd. with a registered capital of RMB 1 billion. As for the location, it is still one of them in Suzhou or Hangzhou. Where the specific address is located depends on the support of the local government.
Chapter completed!