Chapter 376 Wei Jing Semiconductor, the chosen one, reciprocates the favor by sprouting!
"Chairman, the President's Office just received a call from Luzhou, saying that they are very interested in our software industrial park project and hope to introduce it."
"If we are so willing, we hope to send an inspection team to Luzhou as soon as possible."
"this……"
Lu Qi and Lu Kai suddenly raised their heads, their eyes full of surprise.
"Luzhou?"
Zhang Shuo's expression was also very exciting. Unexpectedly, he was related to the city with the strongest venture capital.
It really is....
But since Luzhou showed sincerity, Zhang Shuo was still very happy. He smiled and said to Lu Qi: "Then Mr. Lu will personally lead the team and go to Luzhou."
"It should!"
Lu Qi is also very excited that the project can advance smoothly.
………
Friday, March 1st.
Tenda's regular meeting this week rarely had a solemn atmosphere.
The reason.
Of course, it is Tenda's biggest competitor, and it is also a big mountain that weighs down Tenda. Sprout has encountered a lot of trouble recently, and has almost become a joke in the industry.
"I do hope that the budding software industrial park project can proceed smoothly."
The second master actually felt a little regretful.
"Yes, that project is a quagmire, a bottomless pit. If Sui Ya really overestimates its capabilities and falls into it, at least one-third of its cash flow will be lost." Lu Jian responded with a smile.
In terms of cash flow, Tengda has long been no match for Suya.
"Let's get back to business."
The second master usually didn't like gossip very much, so he asked Lu Jian: "After the e-commerce business was divested, how was the integration with Jumei Youpin? Did anything go wrong?"
"To be honest, the problem is not small."
When it comes to this, Lu Jian has a headache. "The e-commerce department was originally one of our core departments. Now it is assigned to a small company like Jumei Youpin. The people below are very emotional."
Original time and space.
Tenda is divesting its e-commerce business to Jingdong, which is barely acceptable.
But what is Jumei Youpin?
In Yuan Tengda's eyes, this kind of strategic cooperation is tantamount to being completely abandoned by the parent company. The most intuitive manifestation is that the salary has quietly dropped by a level.
The key is that the work license has also been changed.
In the past, wearing a Tengda badge around your neck while walking outside was a symbol of status.
What now?
There is no sense of superiority at all.
"Some employees decided to resign because they couldn't accept such a huge gap. Well, as far as I know, a large part of them have switched to Pinxixi Group." Lu Jian was slightly embarrassed.
The second master's face also twitched.
Another sprout!
In fact, this is normal. Although Pinxixi is a new e-commerce force, it cannot stand up to the big mountain of Germination. Moreover, it has indeed invested hugely and is full of potential.
In addition, Pinxixi is in a period of rapid expansion, so it would be abnormal not to join.
"Boss, do you want to increase Jumei Youpin's salary?" Lu Jian suggested carefully.
"never mind."
The second master flatly refused, "It is better not to interfere too much in the daily operations of Jumei Youpin."
This is beautifully said.
But in fact, he is just fooling people. Who doesn’t know that Tengda is the father of Jumei Youpin.
The second master just used this as an excuse to reject the salary increase request of his employees, because once a salary increase is required, it will be an overall salary increase, and the increased labor cost will not be 120 million.
Jumei and high-quality products may not be able to withstand it, and they may need Tengda blood transfusion.
This goes against Tengda's original intention.
Choosing to agree to cut off the e-commerce business, in addition to focusing on the core, also has a strategic significance for Tenda, which is to reduce labor costs and reduce expenses.
In the words of Er Ye - "You must get used to living a tight life!"
"Peripheral businesses such as search, maps, and e-commerce have been cut off and abandoned. Now it is time to shift the group's strategic focus back to its main business."
The second master glanced at Lu Jian and Renyu.
"Well, the two businesses of games and social networking are developing steadily, and there are no big moves at the moment."
When he said this, Renyu himself felt ashamed.
Everyone knows that as the two pillar businesses of Tenda, in the past six months, or even in the past year, they have been resting on their laurels without any outstanding achievements.
It’s not entirely the fault of Rengyu.
In order to deal with the rise of Qingniao and Wei Xin, he used every method he could think of.
But it doesn't work.
Faced with such unsolvable competitors, even if Renyu doesn't want to lie flat, it won't work.
The second master raised his eyebrows but said nothing.
Seeing this, Lu Jian followed the report and said: "The three businesses of local life services, entertainment and Internet finance have achieved rapid development."
"good."
The second master's brows finally relaxed a little.
However, Renyu couldn't help complaining in his heart. Lu Jian's report was too cunning. He didn't say that Tengda News had been surpassed by Tiantian Toutiao, let alone——
Whether it is local life services or major entertainment, they are still burning money like crazy.
Such rapid growth comes at a cost.
"Recently, it has been discovered that Qingcheng Group seems to be suddenly accelerating its deployment of Qingcheng Bicycle. In addition, a start-up company for shared bicycles has emerged at Binhai University, which is worthy of attention." Lu Jian is still asking for trouble.
"very good!"
Could it be that the second master couldn't see through Lu Jian's little tricks, but Tengda now really needs some exciting news, "Pay more attention, and we can end it if necessary."
Tenda has been flat in the stock market for several months, and it needs a new story to stimulate it.
"Don't worry, I'm keeping an eye on you."
Behind Lu Jian's seemingly clumsy performance, he actually saw through the big boss's needs.
in this piece.
Lu Jian is indeed one step ahead of Rengyu, and there is no point in dissatisfaction.
………
Ahri Headquarters.
On the other side, the uncle was also in a good mood.
Zhang Shuo had been going smoothly before, and it was rare to see him suffer, but he was still very interesting.
He went to the capital last week to meet with Big Brother, Lao Wang and others, just to finalize the preparations for the establishment of Benniao Network. Now a breakthrough has been made and the trend is set.
no doubt.
Benniao Network will be another major “initiative” for Ali in the field of e-commerce.
The "rebellion" of Baishi Huitong changed the original four links and one link into three links and one link. Coupled with the rapid rise of Qingfeng Logistics, Ali has a great sense of crisis in the logistics field.
The solution is not to increase investment in logistics, it is still the same old thing——
Bundle!
To be precise, it is a deeper bondage!
Through the establishment of the Benniao Network, the three links and one connection have become part of Ahri's logistics system, completely reducing it to a pawn on Ahri's chessboard, and can no longer escape Ahri's control.
In the short term, this approach is indeed wise.
But in the long run, because Ali is too controlling and continues to compress express delivery profits, the result is that the three links and one link have opened up a road of mutual destruction.
The logistics speed is getting slower and slower, the service quality is getting worse and worse, and the service content is getting more and more discounted.
In the era when Jingdong still insists on door-to-door delivery, Benniao Network has long abandoned this practice, forgotten its original intention, and left everything at collection outlets in order to save trouble.
As a matter of course, the last mile task is left to consumers.
This triggered countless complaints and abuses.
That's not all. The most important thing is that Ali's product delivery speed and express delivery time are also increasing at a speed visible to the naked eye as time goes by.
Three days is considered fast, but four or five days is enough to arrive.
In comparison, Jingdong's same-day or next-day delivery is simply divine.
There is no comparison.
It is no wonder that Zhang Shuo of the original time and space would give up the magic treasure and join the army of Jingdong instead.
I don’t want to serve you anymore!!!
In this regard, I have to admire Brother Dong’s foresight and sagacity. He made a conclusion a long time ago——
"Mo Bao's model of setting up a stage and singing an opera is actually taking shortcuts."
"At the end of the development of e-commerce, if you want to achieve sustainable development, you must eventually follow Jingdong's self-built logistics and large logistics model, otherwise it will not work."
Zhang Shuo admired him very much.
Therefore, Pinxixi attached great importance to logistics construction and invested heavily in it at the beginning of its establishment.
In comparison.
I wonder if my pride today will turn into loneliness and regret in a few years.
But it doesn't seem to matter anymore.
………
Monday, March 4th.
After two days of rest on the weekend, Zhang Shuo returned to the company in high spirits.
There was no sign of being hit at all.
Firstly, he himself is indeed strong enough, and secondly, even if his emotions are affected to some extent, it cannot be shown in the company. As a budding soul figure, he cannot show his weak side at any time.
Must always stand strong!!!
Of course, it is also because of the emergence of Luzhou that the software industrial park project has turned around.
Don’t panic at all!
The first thing I do after sitting down in the office is, of course, to sign the grant application for that month.
Allocate 700 million R&D funding to the Fertile Soil Research Institute;
Allocate 600 million R&D funding to Mango Automobile;
Allocate 500 million to Daosui Group for research and development funds;
Allocate 10 billion to Sprout Investment to initiate the establishment of a software development support fund;
Only 300 million construction funds have been allocated to Germinal Real Estate.
The total amount added up is 12.1 billion in allocations, once again setting a new high in the amount of allocations in a single month.
But in fact.
Sprout's expenses last month were more than these. Other expenses included the allocation of 3 billion to Chunmiao Fund and 1.25 billion to Daosui Group for investment in Longxin.
In terms of profit.
Last month, Jade Bird Interactive Entertainment turned over a profit of 3.35 billion, Maili Group turned over a profit of 6.5 billion, Qinghe Technology turned over a profit of 10.3 billion, and Germinal Financial Holdings turned over a profit of 250 million.
The total profit turned in was 20.4 billion.
The profits handed over by Qinghe Technology include 10 billion service fees transferred in advance by Qingcheng Group.
Maili Group's profits have soared again, thanks to the rising sales of Maili X1 during the Spring Festival. By next month, profits will gradually turn into a downward trend.
With the 10 billion service fees arriving, even though it can be said that Sprout acted as a lone brave man and supported the software industry support fund on his own, the cash flow on Sprout's books has not decreased but increased.
4.05 billion in new cash was added.
What is confidence and what is strength? This is confidence and this is strength!!!
After signing the grant application, Zhang Shuo got up and went to the small conference room next door. Four senior executives, Lu Qi, Lu Kai, Gu Mingzhang, and Jiang Yue, were already waiting here for a meeting.
"Chairman, I have good news to report."
As soon as Zhang Shuo sat down, Lu Kai rushed to announce the good news: "Just yesterday, we officially reached an investment cooperation agreement with Lijing Group."
"Oh? Tell me in detail."
Zhang Shuo is indeed very concerned. Although investing in Lijing Group is not as difficult as acquiring Sunrise Storage, he is still very happy that the boots have finally landed.
I'm afraid that Factory H doesn't know what's interesting and will interfere with it.
Fortunately not!
"Because Lijing Group is highly indebted, bankruptcy and reorganization was originally the best solution. Firstly, it took too long, and secondly, Lijing Group executives did not agree, so we had to give up."
"The investment in Lijing Group this time is still the financing method chosen."
"The overall valuation of Lijing Group is 10 billion. We invested 3.2 billion to acquire 32% of the shares of Lijing Group and became the largest shareholder of Lijing Group."
A valuation of tens of billions is really a bargain for Lijing Group.
Not to mention anything else, if the price of DRAM goods accumulated by Lijing Group rises in two months, the total value will soar to tens of billions.
It can be said to be a free pick.
If Lijing Group and Yizhou Province hadn't placed restrictions everywhere, Moya would have been eager to acquire Lijing Group entirely, or take advantage of this financing to acquire more shares.
32% of the shares is already the upper limit that can be obtained.
Huan Ren, the current chairman of Lijing Group, is a powerful figure in his own right. He has always believed that the drop in DRAM prices is only temporary and that Lijing Group can get out of the debt quagmire.
This chapter is not finished yet, please click on the next page to continue reading the exciting content! Of course.
From a budding perspective, when investing in Lijing Group, how many shares it holds is secondary. The main thing is to facilitate the establishment of a joint venture wafer foundry with Lijing Group.
"According to the investment cooperation agreement, Daosui Group will join forces with Lijing Group to establish a wafer foundry in the inland - Weijing Semiconductor. Daosui Group will provide all the funds needed to build the factory and hold 75% of the shares; Lijing Group
It provides technical and talent support for wafer foundries and holds 25% of the shares."
With the current financial situation of Lijing Group, it is unable to invest excess funds in Weijing Semiconductor.
But I can’t stand up to my strong technical accumulation.
This is also the most promising point of Mingya, which is to quickly build a large framework for Daosui Group's wafer foundry business by leveraging the technical foundation accumulated by Lijing Group in the field of wafer foundry.
otherwise.
What can be used to persuade the great master Liang Song to abandon the dark side and join the bright side?
"How much capital is expected to be required from the group to establish Weijing Semiconductor?" Zhang Shuo asked.
"The advanced wafer foundry process that Lijing Group currently masters is 40 nanometers, and it is currently developing a 28-nanometer process. However, because it is deeply mired in debt, related research and development work has actually come to a semi-stagnant state."
According to the investment agreement.
The relevant R&D team of Lijing Group will join Weijing Semiconductor in the future.
"40 nanometers, not bad."
Although it is said that Tai Electromechanical, Sanxing, etc. have already achieved mass production of 28 nanometers and are in full swing towards the more advanced 14 nanometer process, and are expected to achieve a breakthrough soon.
But compared to domestic Zhongxin and Huahong, they are already very ahead.
As long as he can recruit Liang Song and seize the opportunity of the smartphone explosion in the next decade, Zhang Shuo has reason to believe that Weijing Semiconductor can catch up with Tai Electromechanical and Samsung.
Even if we cannot completely catch up, as long as we can achieve mass production of 7 nanometers, it will be a great achievement.
Lu Kai continued to report, "According to preliminary calculations by Lijing Group, it is estimated that an investment of about 13 billion will be required to build a 40-nanometer wafer foundry production line."
This is why Lijing Group is willing to jointly build Weijing Semiconductor with Daosui Group.
It’s too expensive!
A 40-nanometer production line alone costs more than 13 billion, and a more advanced 28-nanometer production line requires an investment of 20 to 30 billion.
In a word, the more advanced the process, the higher the cost of building a factory.
For example, in order to maintain its market share in the high-end fields of 3 nanometers and 2 nanometers, Tai Electromechanical Co., Ltd. of the original time and space did not hesitate to invest more than 600 billion in funds around the world to prepare for the construction of related wafer factories.
It can be seen that it is a bottomless pit.
There is also a more fatal problem, that is, even after the wafer factory is successfully completed, it does not mean that it will soon achieve profitability and recover the previous investment cost.
The new factory is likely to be in a state of loss all year round due to extremely low product qualification rates.
This is very confusing.
It's really not something that ordinary companies can do.
"Thirteen billion is still acceptable. Tell Lin Zhengdong to start the preparation work for Weijing Semiconductor as soon as possible. In terms of funds, the group headquarters will fully support it." Zhang Shuo was very confident.
Even if you say.
This investment and cooperation with Lijing Group alone will cost 16 to 7 billion.
But once you get started, it's worth it.
With this calculation, the 20 billion in cash currently lying on the bank account is not dazzling at all, and can be squeezed out in a few moments.
do not forget.
The acquisition of Japan Storage is still on the way.
After Lu Kai reported, Lu Qi followed suit and said with a smile: "I also have good news. Luzhou has offered very attractive conditions to introduce the software industrial park project."
He only returned to Binhai City last night.
"Oh? Double happiness is coming to your door. Tell me about it." Zhang Shuo became even more excited.
"First of all, in order to introduce the software industrial park project, Luzhou has even selected the land, and has allocated nearly a thousand acres of high-quality commercial land."
"Luzhou also promised that all land transfer fees will be returned in the form of subsidies."
It's equivalent to saying.
Luzhou does not seek a penny of income from land sales, it is equivalent to giving it away for free.
atmosphere!
"Second, Luzhou also promised to undertake the construction of roads, water and electricity and other public facilities in the park, including the improvement of public facilities around the park."
intimate!
"Article 3: Luzhou will also work with major banks to raise low-interest loans of no less than 10 billion for enterprises in the park to support enterprises in the park."
So proud!
"The fourth and most important one is that in addition to low-interest bank loan support, the Luzhou city government will also launch a tens of billions subsidy plan to subsidize domestically produced genuine software."
So proud!!!
"Luzhou is very sincere."
Zhang Shuo admired it very much. With such courage, it deserves to be the strongest venture capital city.
"What do you think?"
"Luzhou is so generous, we seem to have no reason to refuse." Lu Kai and others laughed.
He was obviously in a happy mood.
"Okay, let's just settle on Luzhou." Zhang Shuo was also decisive.
"Then, Binhai City, do you need to explain it?" Lu Qi reminded.
Anyway.
At the critical moment, Binhai City still voted for Germination and supported it.
Favors must be remembered.
"I need to explain, but I think Binhai City should be able to understand."
Zhang Shuo is not a big pig who likes the new but hates the old.
There are good reasons for choosing Luzhou over Binhai City.
First, Binhai City chose to introduce the software industrial park project, not because it was particularly optimistic about this project, but just out of support for the sprout, which was a gift.
It is completely different from Luzhou's active struggle.
This will lead to a surprising attitude in subsequent cooperation.
In Binhai City, the project was finalized from above, but subsequent advancement requires the cooperation of people below. Those who don't understand will inevitably have some complaints about Germination.
It is normal for some friction to occur.
On the contrary, because Luzhou took the initiative to introduce it and spent a lot of money, it will only be more active than Buya and hopes to implement the software industrial park project.
Don't dare to mess it up!
Secondly, in terms of university resources, especially computer and software-related university professional resources, Luzhou is more than a step ahead of Binhai City.
What's more, say.
Luzhou can also radiate to Jiangxia, Jianye and other surrounding cities, so its location advantage is actually more obvious.
Luzhou is the right choice!
"Luzhou chose to introduce the software industrial park project this time. Although they took the initiative to fight for it, they also took a lot of risks. We can't let honest people suffer."
At this point, Zhang Shuo is still very humane.
"After the construction of Linxiang Modern Logistics Park starts, the third modern logistics park will soon enter the planning stage. Can Luzhou be given priority?" Lu Qi also understood.
"Can!"
Zhang Shuo nodded in agreement, "But this is not enough, far from enough!"
In itself.
The third modern logistics park will only be located in Luzhou, Jiangxia, or Rongcheng.
This is not a big gift package.
"The flat panel project is on track. Maili Electronics is investigating site selection and plans to build a new flat panel assembly factory. Is it possible to consider locating the new factory in Luzhou?" Gu Mingzhang also made suggestions.
"Can!"
This gift pack is barely worth it.
Originally, Zhang Shuo planned to locate the tablet assembly factory in Jiangcheng, which would create a cluster effect.
But during the Spring Festival, Jiang Cheng's behavior was too greedy, which made him a little unhappy, so he decided to take the opportunity to issue a warning, which was appropriate in Luzhou.
"But it's not enough."
Zhang Shuo looked around and said in a deep voice: "We want to take this opportunity to send a strong signal to the outside world, that is - when working with Moya, we can't calculate everything too carefully."
Why, good projects are snatched up in droves, while "bad" projects are discarded like worn-out shoes without even making a sound.
How can this be done?
"This time, I will give Luzhou a super gift package!"
------Digression-----
PS: It’s the end of the month, gentlemen, Shengxiao, who is 40 nanometers thick, can I ask for a monthly ticket? (The dog’s head saves his life)