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Chapter 420 Where is the path for sprouting? Zhang Shuo faces a dilemma of choice!

After Lu Kai left, Zhang Shuo summoned Gu Mingzhang again.

"I have already agreed to Taimei's investment in Daosui Group. Next, you have to urge Lin Zhengdong to coordinate with Taimei to implement the 20-nanometer wafer foundry project."

"clear."

Gu Mingzhang nodded in agreement, and then expressed his doubts: "Chairman, since Weijing Semiconductor's goal is to benchmark Tai Mechanical and Electrical, and introducing Tai Mechanical and Electrical to the Luzhou Semiconductor Base, wouldn't it be inviting a wolf into the house?"

"If we were sheep, of course we would be afraid of attracting wolves into our house, but what if we were tigers?" Zhang Shuo laughed.

"so……"

Gu Mingzhang was thoughtful. He always felt that the big boss was not telling the truth.

"Taishi Electric is preparing to build a 20-nanometer wafer foundry project, and it is estimated that it will seek investment from Daosui Group. After the A-round financing, will Daosui Group be able to arrange the funds?" Zhang Shuo asked with concern.

"It can barely last seven or eight months."

Before the financing, Daosui Group was a super gold-swallowing beast. After the financing, without the monthly direct allocation and blood transfusion from the Sprout Group, the capital chain was completely supported by financing.

What's the difference?

After the great success of the Zhulong Z1 chip and the explosion of Maili, it finally turned a profit, which relieved the burden of Daosui Group to a certain extent.

The real sole proprietorships are actually Jing Jiawei and Weijing Semiconductor.

Then it is responsible for the R&D expenditures of the headquarters.

"The most important thing is that the 25 billion capital invested by Changchang Storage when it was registered will be able to support it until the end of the year at most as a large number of projects are implemented, and then a round of capital increase will need to be started." Gu Mingzhang reported.

And with the size of Changchang Storage, the capital increase would be at least tens of billions of dollars.

Otherwise, it’s simply not enough to watch.

And just as Gu Mingzhang judged, the 25 billion funds obtained by Daosui Group's A-round financing not only support the group's daily operating expenses, but also participate in the 20-nanometer wafer foundry project.

We also need to prepare for the capital increase of Changchang Storage.

It’s true that we can’t help but spend money. Optimistically, we can support it until the beginning of next year.

There will be additional capital increases in the future.

Although Daosui Group is large and has considerable revenue, its profitability is really average.

"The good news is that it is expected that in the second half of the year, Jing Jiawei, who has risen from the ashes, will be able to turn losses into profits. After the end of the year, Licheng Technology invested by Daosui Group will also hand over part of its equity dividends."

"Only Licheng Technology?"

Zhang Shuo raised his eyebrows slightly, Daosui Group had invested in many companies.

"yes."

Gu Mingzhang's expression was also very helpless, "Needless to say, Changchun Storage will not be able to make a profit in the next three or four years. Although AMD's operating conditions have improved somewhat, it has not yet reached the level of profitability."

"A similar situation exists with Lijing Group, which is still in debt."

"China Microelectronics, let alone Longxin, have a long way to go to make profits."

This is like saying -

The Daosui Group clearly holds a big deal, but it has never had a chance to play its cards.

It's very depressing.

"Fine."

Zhang Shuo is not a person without strategic determination. "When the capital chain of Daosui Group is really tight, we can start another round of capital increase by then. The group can still afford it."

foreseeable.

In the next year, without the burden of Daosui Group, the capital chain of Germination will only get better and better.

There will be no shortage of money.

"One more thing, Zhulong Technology's mid-range chip series is planned to be named Yinglong series, and the first chip model is Yinglong 100." Gu Mingzhang mentioned another thing.

"Can."

Zhang Shuo still likes this name because it is his usual style.

"After Jing Jiawei is on the right track, Changchun Storage is also starting to make efforts. Can Maili Group consider starting a laptop project?" Zhang Shuo asked.

"There is a plan."

So far, 100,000 units of Maili Tablet 1.0 have been sold, which means Maili Group’s tablet business has achieved initial success.

This also gave Gu Mingzhang the confidence and confidence to enter the notebook computer industry.

"Then let's start it, sooner rather than later."

Zhang Shuo’s plan is to first collect Pingguo’s wool in the next two to three years, and then start the smart watch business after the mobile phone, tablet, notebook and other businesses are on the right track.

Finally, on wearable devices, Pingguo completely surpassed it.

You know, after 21 years, the sales of electronic products began to decline year by year, especially for mobile phones, tablets, computers and other electronic products, the sales decline was even more serious.

The only thing that can support new revenue growth points is wearable devices.

But this thing needs to make a real breakthrough in technology and develop commercial virtual reality and augmented reality equipment that can really be popularized, instead of fooling consumers.

It is the Fertile Soil Research Institute that supports technological breakthroughs.

The outside world only knows that the Germination Group has invested a large amount of R&D funds in the Maili Group, the Daosui Group, and the Mango Group. However, they do not know that the Fertile Land Research Institute is the real R&D spender.

And it was a continuous blood transfusion.

The purpose is to be able to shine with its unique technological brilliance in ten years.

………

Monday, September 30th.

Another five days have passed, and Daosui Group’s Series A financing has officially landed. Not only that, but the matter of Tai Mechanical and Electrical’s investment in the construction of a 20-nanometer wafer foundry in the Luzhou Semiconductor Base has also been finalized.

Still refer to the previous investment model of Terui Semiconductor.

Tai Electromechanical invested in technology and management funds, re-established a new project company - Taite Semiconductor, and introduced two investors, Daosui Group and Luzhou Urban Investment.

Daosui Group invested 5.8 billion and holds 25% of the equity of Tate Semiconductor.

The previous Changchang Storage and Jiangxia Chengtou were excluded by Tai Mechanical and Electrical.

In addition to Daosui Group, Luzhou Urban Investment, Tai Machinery and Electric also introduced other investors, which seemed to be sharing risks, but in fact it was due to distrust of the Sprout Group.

It is not unreasonable to be cautious.

Starting tomorrow, the seven-day National Day holiday will begin. On the last day before the holiday, Zhang Shuo has reviewed and approved the October funding application in advance, which mainly includes——

This chapter is not finished yet, please click on the next page to continue reading the exciting content! Allocate 1 billion R&D funds to the Fertile Soil Research Institute;

Allocate 2.5 billion operating funds to Mango Group, including 1 billion R&D funds;

Allocate 400 million operating funds to Nebula Technology, including 200 million R&D funds;

Allocate 200 million operating funds to Jiaoyang Holdings;

Allocate 100 million construction funds to Germinal Real Estate.

A total of 4.2 billion funds.

After Daosui Group completed its Series A financing, Germination Group suddenly lost a "burden".

The monthly allocation amount dropped sharply.

In addition to the fixed allocation, in September, Sprout Group also allocated 7 billion to Sprout Investment to establish four investment funds, including three second-phase funds and one first-phase fund.

In terms of profit.

In September, Jade Bird Interactive Entertainment is expected to turn over profits of 5.2 billion, Maili Group is expected to turn over profits of 5.85 billion, Qinghe Technology is expected to turn over profits of 500 million, and Germination Financial Holdings is expected to turn over profits of 550 million.

The total profit paid was 12.1 billion, reaching a new high.

This is mainly due to the skyrocketing profits of Maili Group. Needless to say, with the hot sales of Maili and Maili tablets, Maili Group will usher in a new round of profit growth.

During this period, the income from clearing inventory of wheat grains X1 will also be superimposed.

After the launch of Maili X2, Maili

Jingdong, Pinxixi, etc. just took advantage of the residual heat of Maili X1 to carry out some promotional activities.

For example, the upcoming Double Eleven.

It is equivalent to using the name of promotion to continue to reasonably depreciate the value of Maili X1. The final price fell below 3,000, which is still very tempting for consumers with limited financial strength.

It can be described as a triple win.

While Maili Group successfully cleared its inventory, it also ensured that the Maili brand would not depreciate. In the winter, Pinxixi earned platform traffic, and consumers also gained substantial profits.

--slightly--

[Level]:10,000)

【Cash】: 21.4 billion

[Loans]: 14.5 billion (bank loans) 11 billion (corporate bonds) 8.4 billion (overseas loans)

--slightly--

In September, although Sprout Group allocated 7 billion investment funds to Sprout Investment, it still achieved positive returns on funds thanks to the independent settlement of Daosui Group and the increase in profits of Maili Group.

The cumulative increase in working capital was 900 million.

It has to be said that such cash flow is nothing short of miraculous.

This means that in the next six months to one year, Germination Group can start new businesses or make new large-scale investments.

There is no need to worry about the break of the capital chain.

As for what new business to develop, whether it is modern agriculture, biopharmaceuticals, or some other field, Zhang Shuo has not yet figured it out.

Although he got the "Sword of Shang Fang" from his second uncle, he doesn't have to worry about the success of the Germination Group, but Zhang Shuo himself is not a superman, let alone blindly confident -

Whatever the sprout does, it will become.

Looking back at the growth history of Sprout Group, the first games, Weixin, new retail and other businesses were all copied from the original time and space, and they were all in the Internet field that he was familiar with.

By luck it all worked out.

After Germination Group gradually got on the right track and had a strong management team, it tried to "fight against the odds" and enter the smartphone industry in order to get a piece of the pie.

The appearance design of Maili X1 is also familiar from the original time and space.

It is still within the scope of cognition.

Including the subsequent Mango cars, they all adhere to the same principle.

On the contrary, Zhang Shuo contributed very little to the growth of Daosui Group. He basically relied on investment and acquisitions, plus the assistance of a group of professionals such as Lin Zhengdong and Liang Song.

It was also because Sprout Group was already a mature group company at that time.

It's enough to support such a business.

And after all, Daosui Group’s semiconductor business also cooperates with Maili Group, Mango Group, or products such as graphics cards and chips.

In fact, it is still within the larger framework of the electronic information industry.

Looking further outside, like the recently established Nebula Technology, Zhang Shuo is purely a layman and can only choose to trust professionals like him.

Zhang Shuo himself has no way to cheat Nebula Technology.

If there is.

Then only the money ability is left, and other contributions are almost zero.

Now, if we want to continue to expand the margins of the Germination Group and get involved in fields such as modern agriculture and biopharmaceuticals, to be honest, Zhang Shuo is really blind.

The kind that doesn't understand anything.

And to be honest, compared to the "high-end" existence of the electronic information industry, modern agriculture and biopharmaceuticals are also claimed to represent the future and are cutting-edge technology fields.

But overall, there are pitfalls everywhere.

Otherwise, biology majors would not be jokingly called one of the sinkhole majors.

Zhang Shuo also has no confidence that if the Germinal Group enters these two fields, it will be able to make something famous and represent the light of national trends.

Maybe it just "pops" and falls into the mire.

If you think about the worst, it is possible that because it fell into a pit in these two fields, Wuwei consumed a lot of cash flow, which in turn led to the collapse of the entire budding system.

This is by no means alarmist.

Therefore, Zhang Shuo was extremely cautious this time and decided to set up a first-phase fund for modern agriculture and biopharmaceuticals, preparing to venture into these two industries first.

Even if you are cheated, you can get out at any time.

Many times, in many fields, it cannot be said that it can be done just by throwing money at it.

Throwing money is the easiest thing to do.

Where will the Germinal Group go in the future? Will it become more conservative or continue to be radical?

These are all problems.

………

With these doubts, Zhang Shuo started the National Day holiday.

This time, Zhang Shuo did not choose to hang out with Chen Lu, but instead called his parents, Gu Xiaoxi, Cai Miaomiao, Tang Yu and other relatives and friends to go to Meiya Villa for vacation together.

For one thing, the relationship between him and Gu Xiaoxi has been consolidated, and they must be equally affected by rain and dew.

Secondly, as the Sprout Group has made more and more enemies at home and abroad, Zhang Shuo's schedule has also attracted special attention from all parties, and it is no longer convenient for Chen Lu to be exposed.

To avoid being discredited by competitors using dirty tricks.

Because they were on vacation with their families, after two days of fresh energy, it was actually not that interesting anymore. Miaomiao and Tang Yu turned into salted fish and sang poems on the beach chairs every day.

His mother Cai Shuyu took the opportunity to communicate with her future daughter-in-law Gu Xiaoxi. In addition to discussing cooking skills, Zhang Shuo once heard her mother imparting parenting experience to Gu Xiaoxi in a serious manner.

That's right, it's parenting experience.

It can be seen that my mother's desire to hold her grandson cannot be suppressed even by all the strength of the world.

Gu Xiaoxi blinked her eyes, and when she saw Zhang Shuo, there was a rare cry for help in her eyes, wanting Zhang Shuo to save her from her mother's parenting experience.

How pitiful it is that she is still a young girl.

"Passing by!"

Zhang Shuo gave Gu Xiaoxi a helpless look. He didn't want to be bothered by his mother.

That was simply a disaster.

Then, before his mother noticed, Zhang Shuo quickly picked up the fishing gear, slipped out of the door, and went to the beach outside the villa to fish.

Lao Zhang even came early in the morning.

Maybe it was the farmhouse opened by my uncle in Jiangcheng last time, and I became addicted to fishing.

Zhang Shuo actually became a fisherman.

really.

In Zhang Shuo's current city, compared to the exciting sports that young people like to play, such as swimming, surfing, and diving, fishing, a recreational activity that requires patience, is more suitable for him.

Who isn’t a fisherman?

------Digression-----

PS: Yesterday at noon, Grandpa Shengxiao suddenly passed away and left this world. Updates may be interrupted for the next two days. Thank you for your concern and consideration. I'm sorry.


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