Chapter 69 Sirui
On August 24, Qin Mohan and Xiao Nanrong returned to Yanjing from Wucheng City with two little girls.
On the 26th, Qin Ruoxi was about to report to the Affiliated High School of the Conservatory of Music and began her three-year high school career. Because Qin Mohan was going to record the program, the task of sending Erya to Xiao Nanrong to report was handed over to Xiao Nanrong.
The high school affiliated to the Huaxia Conservatory of Music, referred to as Huayin Affiliated, is located on the south side of Chaoyang Park and is close to the Yongwang Mansion.
Xiao Nanrong was originally planning to let her go to school, but she could take care of her even after she retired. However, she was rejected by Qin Ruoxi, who was independent, and she strongly asked to live in the school.
In Qin Ruoxi's words, my father had to stay in Wucheng to help supervise the quality of the milk powder factory, and my mother should always accompany my father in Wucheng. Or talk about health care with Aunt Qing in Siheyuan. If you are really bored, you can go to the No. 14 Middle School where the wild fox cooperates with you to teach dance. Let's use your remaining energy to save you from living alone in the Yongwang Mansion with her, and you are still so lonely in usually.
But what Qin Ruoxi and Jin Yaran privately revealed was that they finally had a chance to spread their wings and fly high, and were trapped by their mother, which was so uncomfortable.
Whether she lives in school or not doesn't matter to Jin Yaran. She boarded for several years when she was in elementary school. Now the summer vacation is over, "Little Farewell" has been filmed, and she has to study hard, who is already in the third year of junior high school. Shen Fang prohibits the company from taking on roles for her and asks her to attend classes well. When the winter and summer vacations are over, if she has guest appearances, she can arrange it for her.
Qin Mohan ignored them and first flew to Xingcheng, attended the final banquet of "Tornado Girl", and took Wu Yufei and Zhou Qi to Hangzhou for a meeting. The other guests at the meeting were puzzled when they saw Qin Mohan coming alone, so why did Shen Fang, who was inseparable from her, did not appear. Under Qin Mohan's explanation, everyone realized that Shen Fang was staying in Wu City and was negotiating a project.
After Shen Fang's idea of investing in a deep milk processing enterprise in Ukraine was reported to the city by Ailimu Aimati, not only Ukraine but also the Xijiang Provincial Government attached great importance to it.
Although Xijiang is the second largest source of milk in China, Xijiang does not even have a national brand that can be used as a prestigious brand. Not to mention Yili, Mengniu, and even the northeast, there are nationally renowned products such as Feihe and Wandashan. Therefore, the Ukrainian and even the Xijiang Provincial Government hopes to obtain the financial and popularity of Shen Fang, and break the dilemma of Western Xinjiang dairy products not being able to get out of Western Xinjiang.
Shen Fang also called Peter, Tao Chengren and Qian Bin in Yanjing to Wushi because this is an industry that Wild Fox Investment has never been involved, which is inconsistent with the Wild Fox Investment's announced project. Therefore, this project will not occupy Wild Fox Investment's funds, but will be independently invested by Shen Fang and Qin Mohan, and hired Wild Fox Investment Company to provide financial review and asset integration.
"Peter, I want to transfer Qian Bin from the Wild Fox Investment Company to borrow it for half a year to help take charge of this project." As long as this project is reached, the ranch construction can be started. Most of it is infrastructure work, which is Qian Bin's strength.
Qian Bin is very enthusiastic about this job. After several months of pregnancy preparation, Xu Fei is already pregnant. His own children are about to be born next year. Being able to have safe milk powder is also responsible for his offspring.
After a week of negotiations, the Xijiang Provincial Government and Shen Fang reached a framework agreement. The Xijiang Beitianshan Animal Husbandry Co., Ltd. registered by Shen Fang was established with a registered capital of 50 million yuan. The Xijiang Provincial Government leased the 30-year right of the 50 square kilometers of ranch around Kandabao Lake to Shen Fang for ranch construction for 25 million yuan.
After preliminary accounting by Wild Fox Investment Company, Chen Fang promised to invest no less than 800 million yuan in the first phase of the Kandabao Lake Pastoral Area. In 2016, an organic ranch with an annual output of 2 million tons of silage and a modern farm with a stock of 50,000 dairy cows will be built. The annual fresh milk will not be less than 200,000 tons in two years. This ranch requires organic, large-scale, intensive, standardized, and ecological. All milk production processes can be monitored throughout the process, and all milk sources meet the international standard level.
The Xijiang Provincial Government lists the catalogue of eight state-owned dairy deep processing enterprises in Wucheng and Shihe City for Chenfang to choose from. Chenfang can find a national professional accounting firm for asset review to give a price acceptable to both parties, and the government will come forward to integrate. The Xijiang government will not sell state-owned assets at a low price, nor will it ask for a sky-high price.
Considering the fresh milk production capacity, Chen Fang only proposed to acquire one of the deep processing dairy products called Ximu Dairy.
This dairy company was originally affiliated with the Construction Corps, which was used to provide dairy products to border guard soldiers and has a complete set of milk powder processing production lines. It is just facing deepening reforms. In accordance with national requirements, administrative intervention has been eliminated and marketization has been accelerated. The company has been in losses for five consecutive years. Currently, all assets are less than 200 million, while the company's liabilities are 230 million. It can be said that the capital is insolvent and it is entirely relied on the Corps to subsidize.
The reason why Chen Fang is interested in this company is that the dairy processing company is located in the southern suburbs of Wu City, less than ten miles from the pastoral area of Kandabao Lake. This can greatly save the transportation time of raw milk.
Secondly, this factory can currently produce more than 5,000 tons of milk powder annually, which is enough for the early production capacity of pastoral areas. The most important thing is that most of the employees of this company are children of the Corps, who have been under militarized for a long time and have the highest product quality. The company's losses are business issues and have little to do with production management.
After Shen Fang communicated with the Xijiang Provincial Government, all corporate debts were divested, and Beitianshan Animal Husbandry acquired Ximu Dairy Company for 250 million yuan. The Ukrainian Municipal Government will exempt Beitianshan Animal Husbandry from three years of taxes and provide an additional 100 million yuan in interest-free loans for subsidies.
On August 30, Chen Fang and the Xijiang Provincial Government officially signed an investment agreement, officially announcing that Beitianshan Animal Husbandry was officially established, with the first phase investment exceeding 1 billion yuan. Since it has not yet been put into production, when the relevant reporter asked Chen Fang why he was involved in the dairy industry, Chen Fang simply said: "I want to provide high-quality milk sources for my family and friends."
As soon as this news came out, countless netizens shouted "we are rich and willful". In order to drink safe milk, they invested 1 billion to build a ranch. This is even higher than NetEase's Ding Sanshi's desire to eat safe meat to build a pig farm by himself, and he is worthy of being the richest man in China.
Thanks to the rapid growth in market value of Apple, Google, Facebook and Netflix, and the market favorability of several projects invested in China by Wild Fox Investment, Shenfang's assets have further improved. Currently, ranks 15th in the world's richest people with US$38.5 billion, continuing to surpass Li Ka-shing, who sold land in the UK this year, became the richest man in Chinese. Behind him in the mainland is Wang Jianlin of Wanda Real Estate, with assets of US$24.2 billion. Ali's teacher Ma's value has shrunk slightly this year, with US$22.7 billion behind Wang Jianlin.
In fact, Chen Fang still has another wealth that has not been completely counted.
In August 2015, MediaTek, the second largest semiconductor company in Wanwan, changed hands and announced its delisting. No one has linked it to Shen Fang for the time being.
After MediaTek's second-quarter financial report came out, its market value fell below US$4.5 billion. Its market share was gradually lost due to being squeezed by Qualcomm and Unigroup Spreadtrum. Now, the research and development of the Kirin 950 chip in China was successful and will be mass-produced. Under multiple blows, MediaTek's stock suffered a panic selling.
It has already absorbed a large number of stocks through multiple investment institutions and different time points. During this sale, it secretly absorbed a large number of shares. When MediaTek's management discovered that it had become MediaTek's largest shareholder with a 30% stake, successfully obtained the controlling stake of MediaTek, and announced the reconvening of the board of directors and reorganizing the management of MediaTek.
At the reconvened board meeting, US Sirui Technology announced that it had obtained a 75% equity authorization and would start the delisting process from the Wanwan Stock Exchange. For all shareholders to initiate acquisition offers, a large number of pessimistic shareholders and investors also expressed confidence in MediaTek and directly sold the equity. Only MediaTek's ceo Cai Mingjie is still actively contacting various shareholders, hoping to struggle.
As the person in charge of this transaction, Hanson Williams directly communicated with Cai Mingjie in private. He promised to retain the option dividends of the original management and the option incentives of the R&D team. Cai Mingjie continued to serve as MediaTek's CEO and retained the original 6% equity. Moreover, this delisting was just for asset restructuring, because Sirui Company will make big moves. After the integration, MediaTek will be listed on the New York Stock Exchange again, which will be a new beginning.
Cai Mingjie considered for two days and replied to Hansen Williams. He was moved by Sirui Technology's next investment plan. He said he accepted Sirui Technology's acquisition offer and would assist Sirui Technology in persuading the management and R&D team to prepare for the next step of building a factory in China.
In the next step, Sirui Company will cooperate with Huaxia Wild Fox Investment Company to build a 12-inch wafer factory in Hangzhou. With Sirui Company's own 4g chip license, it will make up for MediaTek's last shortcoming. In the future, MediaTek will integrate chip design, production and packaging.
At present, semiconductor companies in the world, especially mobile phone chip companies, are basically divided into two categories. One is chip companies such as Qualcomm, Samsung, and Intel. They have their own mobile phone chip design capabilities and their own production equipment. They will launch their own mobile phone chips according to market development from time to time, and always maintain a leading position in the industry.
Another type is like Apple, Warwick, and MediaTek, which designs its own mobile phone chips based on the arm architecture to optimize the performance of mobile phone chips, and then entrusts semiconductor companies such as TSMC, Samsung, Toshiba, and Qualcomm to produce them.
The advantage of the latter is that you do not need to invest a large amount of funds in semiconductor factories, you only need to design and develop. However, there is also a problem, that is, the production capacity of high-end chips is insufficient. Even if you design it and cannot mass production, it will still prevent your large amount of early investment from being recovered as soon as possible.
Only Apple can obtain a large number of high-end chip orders from TSMC with its strong market advantages, and Warwick can also obtain some orders from TSMC with its own product advantages.
MediaTek is relatively hard-working. Although it is a Bay Area company, TSMC does not have any discounts for them. Moreover, each chip launch of MediaTek must first promote its own products and order production capacity from TSMC according to the orders of mobile phone manufacturers. This has a time difference problem, so many high-end products of MediaTek make people feel that they are always slower than Apple, Qualcomm and Warwick.
Now MediaTek has its own wafer factory and the most advanced lithography machine equipment, which will abandon the constraints caused by TSMC's production capacity reasons, and can also accelerate its chip research and development and upgrade and regain its market share.
In addition to the lead-in Sirui Company, Chen Fang's acquisition of MediaTek, all of the other shares are distributed in the hands of different overseas investment institutions, which are controlled by an Ink Fund, a registered Cayman Islands.
This is an offshore company registered by Chen Fang to evade the WASSENA Agreement. This company is a hedge fund that only invests without interfering in physical business. The open Sirui Technology can already complete a series of layouts on his behalf.
After completing the acquisition of MediaTek, Sirui Technology Company and Wild Fox Investment Company jointly established a Sirui Semiconductor Circuit Manufacturing Co., Ltd. in Hangzhou. As a joint venture, Sirui Technology holds 51% of the shares and Wild Fox Investment Company holds 49% of the shares.
The newly established semiconductor company will have a total investment of up to US$2 billion. It will build a 12-inch wafer factory and will be officially put into production in June next year, with a monthly production capacity of 50,000 wafers. With the orders of Wild Fox Investment Company in Ames, MediaTek will directly skip 16 nanometers and 14 nanometers, striving to lead Qualcomm and Apple to launch 10-nanometer mobile phone chips in advance.
Chapter completed!