Chapter 66 Noon
In 19RU, the US dollar was still very valuable. At present, the company with the highest market value in the world is IH, which is less than US$40 billion, and it is even less than Bill Gates' personal assets after the New Year. You should know that when Microsoft became the world's number one in 1999, its market value was as high as US$40 billion.
If the investment scale is compared with the civil servant level, the average annual price of 1 billion US dollars in five years is 200 million US dollars. In the 1st century, it can only be considered as the municipal level, and it is not a first-tier city like Beijing, Shanghai and Guangzhou. However, in the 19RU year, it was a national-level big deal. Taiwan is a small market and is only a provincial-level unit. Therefore, the personnel participating in the negotiations are very high. The head of "Premier of the Executive" Sun Yunxuan and Li Guoding as the supplement, and they joined forces with the main leaders of the "Ministry of Economy", "Ministry of Finance", "Ministry of Science and Technology" and the preparatory committee of the Hsinchu Science and Technology Industrial Park. The lineup is strong and very scary.
The meeting location was located at the Yuanshan Hotel, but it was not in its iconic Chinese palace-style building, but was held in a relatively low-key building at the rear. It was once the "Taipei Yuanshan Association" event venue established and hosted by Soong Mei-ling. The Yuanshan Association is similar to the top private club in the 1st century. The members almost include all the senior officials, dignitaries and ladies in Taiwan. Each member has a specific number. For example, the eldest daughter-in-law of the Jiang family, Xu Naijin, is No. 10008, "Mayor of Taipei" Lee is HU04l, and the "Director of News" is HU050. However, after Chiang Kai-shek's death, Soong Mei-ling went to New York to live in seclusion, and this place is not as lively and noisy as before.
"Director Sun."
"Mr. Shen, please."
At about 8 o'clock in the morning, under the witness of dozens of Chinese and foreign journalists, Shen Chong, wearing a T-shirt, shook hands with Sun Yunxuan, wearing a formal outfit, and then brought his own people into the venue. After a brief etiquette greeting, he began to discuss behind closed doors.
The negotiations cover a wide range of areas, from factory site selection, transportation construction, water and electricity guarantee and other infrastructure to tax incentives, export subsidies, talent training and other supporting policies. Both sides fought verbally and secretly. For Taiwanese officials, every time they obtained a favorable clause, there was a dazzling political achievement. For the investment team, every time they met a preferential condition, there was a high bonus.
Shen Chong sat in the middle of his side, holding a pencil, either staring blankly or burying his head in his notebook to write and draw. Even if he was arguing, he rarely spoke. Once he spoke, he would directly use a "golden sledgehammer" to smash people unreasonably.
"If I could ask Apple to put some of its production capacity in Taiwan, can this clause be compatible?"
He owns more than 30% of Apple's shares, and has long surpassed Jobs to become the largest shareholder. Apple is a landmark company in Silicon Valley's technological innovation. Moreover, IpO is imminent, and its influence and strength have improved by leaps and bounds. It is highly sought after by the media and the industry. It is considered to be the next IH. If some production lines can be introduced into Taiwan, there will be many benefits. As soon as this statement is made, it will immediately defeat the persistence of Taiwanese personnel...
"What if I set up a startup fund of no less than $500,000 in addition to $1 billion to invest and support Taiwanese local high-tech companies as compensation?"
Taiwan gave in again...
The "golden sledgehammer" comes without a trace and goes without a shadow. Sometimes it is a key clause that must be fought for by military strategists, and sometimes it is an insignificant detail and illogical. It is simply treating negotiations as a family, which makes Sun Yunxuan, Li Guoding and others confused. After a few rounds and turns, those people in Taiwan have to fight for whatever terms, but unfortunately, they realized it a little late. Before they could argue for a few minutes, Shen Chong closed the notebook and suggested: "Director Sun, it's already eleven o'clock. Let's get here in the morning. Let's take a break first and continue in the afternoon."
Chen Chong was a guest, and he didn't want to talk anymore. Sun Yunxuan couldn't hold on, so he nodded in agreement. He waved his hand and signaled his subordinates to pack up the documents. Then he leaned softly on the back of the chair to rest, crossed his hands and smiled bitterly: "Mr. Chen, if you don't play according to common sense, it's very difficult for us to do it."
Sun Yunxuan once studied in the United States. Li Guoding is a top student in Cambridge. Most of the other officials attending the meeting also have backgrounds in studying abroad. Chen Chong is basically foreigners. Therefore, the negotiations just now were all in English. Now when speaking Chinese, it is obvious that he is close to Shen Chong and is trying to find out.
"I am impatient and have no negotiating skills. Before coming to Taipei, TrIn repeatedly advised me not to speak during negotiations." Chen Chong pointed to the tall and thin American sitting next to him and said self-deprecating: "I just endured it and endured it, but I still couldn't help it. I was hit by you a lot."
He stroked his lips, made a zipper closure, and apologized in English: "TrIn, I'm sorry, I won't talk again in the afternoon."
This person, named TrInHkt, graduated from Stanford University with an NHA degree. He was originally a sales manager of Apple. He was accidentally seen by the "sharp eyes" in May, so he dug up Activision as a CPO. Because in memory, this guy resigned from Apple in 2019 and founded an electronic game company. This company later became Activision's biggest competitor and one of the largest electronic game companies in the world. Its English name is PITrArt and Chinese name is Electronic Arts...
The investment direction in Singapore is chip design and R&D, while the investment direction in Taiwan is hardware manufacturing and foundry. As Activision's CPOTrIn-HkI's opinion is very important, so I flew to Taiwan to participate in the negotiations. For Chen Chong's apologies, he just shrugged and made a helpless expression common to Americans, but he didn't say anything. First, this is a established negotiation strategy and had communication in advance. Second, Chen Chong is the founder of Activision, owns shares in RU, and is also a creative designer of super-selling games such as Tetris, Bubble Dragon, and Pac Man. He has a very high reputation in the company. Although he lives in Hong Kong and is not as good as the daily management of the company, he has full authority in strategic planning. He has no right to take the lead in negotiations.
Besides, if you only build a game console, it would not take $1 billion at all. This negotiation is more like discussing a comprehensive electronics industry investment plan...
"Director Sun, Mr. Li." When he walked out of the conference room, Chen Chong pulled his black T-shirt and apologized to Sun Yunxuan and Li Guoding: "I don't dress like this, but I just want to express a corporate philosophy. High technology is a new thing. You must be energetic and unconventional. If you are too regular and are bound by traditional rules and regulations, it is not good for innovation."
"Mr. Chen has other efforts. I thought he couldn't stand the high temperature in Taiwan." Li Guoding waved his hand and joked: "Don't talk about wearing T-shirts, even if he comes shirtless, we will regard Mr. Chen as a guest of honor."
"It would be even better if Mr. Chen could open a few more times."
Amidst the occasional laughter, Chen Chong politely rejected Sun Yunxuan's polite invitation to entertain and took his own troops to the restaurant that had been booked.
In the 1950s, Taipei's construction facilities were out of date and there was no five-star hotel. Chiang Kai-shek felt that it was inconvenient to receive foreign guests, especially foreign politicians, so he began to build the Yuanshan Hotel designed by the famous architectural designer Yang Zhuocheng in 2019. It was built intermittently for many years and was not fully completed in 1973.
The Yuanshan Hotel not only adopts the Chinese style in the exterior, but also has a very traditional Chinese style inside. It has colorful beams, palace lanterns hanging in the air, reddish-painted columns, mahogany chairs, bonsai stones, antique calligraphy and paintings can be seen everywhere, antique and elegant in charm. Moreover, the entire hotel is full of ups and downs, from doors and windows, beams and pillars to murals and ceilings, vivid flying dragon patterns can be seen everywhere, so they are nicknamed "Dragon Palace" by the media. The place where Chen Chong's lunch is in the Golden Dragon Hall, the most famous restaurant of the Yuanshan Hotel, which was once a place where Chiang Kai-shek and Soong Mei-ling can entertain guests, and thirty people can be enjoyed at the same time.
The operating unit of Yuanshan Hotel is the Taiwan Dunmu Association, a consortium established in a private name, but it is actually under the jurisdiction of the Ministry of Transport. All donors are members of the Party and government of Taiwan. Because of their special relationship with the government, for a long time, this place has been an international hospitality place for the Taiwanese authorities to the outside world, and it is difficult for ordinary people to move in. When Chen Chong came to Taipei for the first time, he relied on Zhang Aijia to help him.
"I think there is room for further compressing the opponent in terms of taxation and financing costs..."
"If we are asked to provide senior employee training, Taiwan should provide tax refunds or financial subsidies..."
"TrIn, according to this plan, how much can the cost of producing Ga in Taiwan be reduced?"
In order to create a good environment for the talks, reporters were prohibited from entering after a formality in front of the media in the morning. The hotel was very quiet, and Chen Chong and his group were not harassed. They finished their lunch safely during the heated discussion and communication.
Chapter completed!