The 1998 model Hyundai sedan was parked on the busy roadside as promised. It was ten o'clock at night, the busiest time of the day in the southern metropolis of Shenzhen.
The lights are bright, like a sleepless city that stays on all night.
From a clothing store not far away, the familiar melody of "Meet in 1998" came, and the early spring night wind was intoxicating, gently blowing the hair of passers-by.
Ren Zhengfei seemed to have a fire gathering in his heart, feeling very hot.
The thoughts in his heart were ups and downs, and it was only at this moment that Ren Zhengfei finally understood that deep in Wang Yaocheng's heart, there was the same passionate innocence as his own.
This strong sentiment is touching and truly commendable.
Looking back at the night sky, the five-star Peninsula Hotel stands proudly like a crystal clear diamond pillar. In the high penthouse suite, there is a fellow traveler who has the same grand ambition as himself.
At this moment, Ren Zhengfei smiled happily, I am not alone!
The real crisis facing Huawei is not the huge losses that occurred last year, but the uncertainty of people's hearts and minds.
With the US$150 million privately lent by Wang Yaocheng, Ren Zhengfei is confident of taking 20% of the company's equity. Together with a group of like-minded veterans, he can firmly control the power of the company.
Let Huawei, a big ship, sail in the established direction.
Does Ren Zhengfei know what Wang Yaocheng really worries about?
This goes without saying.
As a leader in high-tech enterprises, Ren Zhengfei knows better;
The companies under the Wang Consortium have made up for the most scarce core and soul shortage situation in China, and brought world-class products to the mainland's electronic high-tech industry. Their importance cannot be overemphasized.
I believe the higher-ups are very aware of this. They keep a low profile without publicizing it. This is also a disguised form of protection.
The electronic high-tech industry is an important area that the West has strictly blocked and choked on the mainland. It is also the weakest link in the mainland's industrial field.
Nowadays, the Wang Group has emerged, making up for the shortcomings of the domestic industry, and its outstanding contribution is beyond doubt.
Many researchers who had worked in the first-class laboratories of the Wang Consortium left one after another for various reasons and joined certain scientific research institutions in central China or the northwest. Wang Yaocheng also kept this secret.
In the Shenzhen Future Science Park, which is the largest in the country, the flow of talent is quite frequent.
Wang Yaocheng never felt threatened.
For computer central microprocessors, electronic storage chips and application chip industries, as well as the liquid crystal display industry, breakthroughs cannot be achieved by gathering more than 50 or 100 scientific researchers and working in laboratories.
Forerunners have already established huge patent barriers. This is a narrow-caliber and high-investment industry with extremely high risks. If you want to achieve success, you must first pay tens of billions of dollars in tuition.
Take BOE as an example;
At the initial price of RMB 250 million, it acquired a third-generation LCD production line under Hanbangzi Modern Display, worth as much as RMB 30 billion, and broke into the LCD panel production industry.
now
BOE is stuck in a difficult situation and can only continue to make high investments, which at the same time brings huge operational risks to the company.
High-hardness LCD screens have very high technical thresholds from cutting to infusion processes, and immature technology will cause huge production yield problems.
Either the LCD panel has light leakage, color cast, bright and dark lines or unclear display, or there are too many bright and dark dots, flickering, uneven black and white blocks, and defective products.
Product yield ramp-up is a tuition fee that newly-entered manufacturers need to pay, unless they acquire the entire production technology, pay a high admission fee, and let experienced foreign technical experts teach them step by step.
Think back to the beginning
In order to overcome the problem of production yield, Korean-owned Hyundai Display learned from major Japanese manufacturers such as Hitachi, Toshiba, and Panasonic, invested huge sums of money, and hired relevant Japanese technical personnel with high salaries to participate in technical research. It also experienced an unforgettable and difficult process.
Finally, a production process with independent intellectual property rights was obtained.
Hyundai Display did not kindly give these key technologies to BOE for free, but charged high consulting fees in the name of technical guidance.
There is never love for no reason in the world, and there are not so many advantages to take advantage of.
This is why Japanese and Korean companies would rather scrap their production lines than sell them to the Wang Consortium.
Nippon Steel, Mitsubishi Electric, and Panasonic would rather abandon their eight-inch wafer fabs than sell them to Atlantic Jinko Group, because Atlantic Jinko Group has developed into a formidable competitor.
Although these major Japanese manufacturers have withdrawn from the field of memory chip production, they are still producing small categories of high-quality application chips for use in mid-to-high-end CNC machine tools, medical equipment, banking and securities security industries, automobiles, radar and remote communications fields.
As Atlantic Jinko grows and develops step by step and its product lines are extended and refined, it will eventually enter these high-level fields and form a direct competitive relationship.
Therefore, Japanese and Korean manufacturers would rather endure huge losses than fund the development of their competitors.
today's world
The panel industry has taken the fourth-generation LCD production line as the mainstream, and the investment amount has become even larger. At the same time, it has brought about a reduction in relative costs and a significant improvement in technical level.
The development of electronic technology is in full swing and advancing by leaps and bounds.
The world's LCD panel market has entered a stage of fierce competition. If you do not closely follow the mainstream manufacturers in launching new generation production lines, they will soon be eliminated due to backward production processes and high costs.
The world-leading Huanghe Technology Group has invested huge amounts of money in research and development and is currently launching a fifth-generation LCD production line. The total investment in a production line exceeds 11.5 billion US dollars, which is as high as 90 billion yuan when converted into RMB.
Just asking you to follow or not?
As a leader in high-tech enterprises, Ren Zhengfei has been closely tracking the development of world science and technology and has a deep understanding of it.
He took a deep look at the top floor of the Peninsula Hotel, which was as bright as a diamond. The turbulent emotions in his heart slowly calmed down. He buried all his feelings deep in his heart and walked over to open the car door with steady steps.
"Let's go home."
The light-colored modern car drove away quickly, merged into the bustling traffic, and became a bright light in this southern metropolis.
next day
In the majestic "Welcome March", Wang Yaocheng wore a simple white shirt with concierge flowers on his chest, dressed like a hotel doorman.
He, Secretary Luo of Shenzhen City and leaders of the Education Commission from the central government attended the groundbreaking ceremony of Shenzhen University of Science and Technology. Then drums played, firecrackers fired, and thousands of white pigeons flew into the sky.
The Shenzhen University of Science and Technology, built with an investment of 1.2 billion US dollars (10 billion yuan) from the Royal Family Fund, officially started construction on March 5 and will officially start enrolling students nationwide in June 2002.
This is a valuable project donated by the Royal Family Fund to Shenzhen City. The land occupied by the university is allocated free of charge by the city government for construction.
The University of Science and Technology is a five-year full-time science and engineering university dedicated to cultivating world-class science and engineering undergraduate students. Mr. Wang Yaocheng, the lifelong honorary chairman of the university, fully donated this large-scale school.
The completion of the project will help deepen the city's cultural and scientific heritage and contribute to Shenzhen's goal of building a city of science and technology, a city of knowledge, and a city of innovation.
Groundbreaking ceremony site
The colorful flags are fluttering and the gongs and drums are noisy.
Thousands of construction workers, wearing red, yellow and white safety helmets on their heads, behind them are densely packed rows of large construction machinery, with proud smiles on their red faces.
Wang Yaocheng and the leaders walked towards the awning in front, talking as they walked;
"Our consortium will expand its support for domestic institutions of higher learning. I just had a phone call with my father today and asked him to retire early as soon as possible and officially serve as the chairman of Guodong Development Fund.
The initial capital investment of Guodong Development Fund is HK$20 billion. Our consortium will invest equity in the Harbor City project on Hong Kong Island and use the annual rental fees of Harbor City to invest in higher education in the mainland and the construction of protective forests to prevent desertification in the northwest."
"Haha, then Deputy Minister Wang will have something to do when he retires."
"Chairman Wang, how much student support can be provided each year?"
Wang Yaocheng smiled and said, "Our consortium controls 75% of the entire Harbor City project, which is currently worth HK$57 billion.
In this part, 5 billion Hong Kong dollars were invested in the China Nursery Charity Fund in the past few years, and now the value has increased to 12 billion Hong Kong dollars. It can obtain a stable income of nearly 2 billion Hong Kong dollars every year, 70 to 80% of which is used for charity projects.
The commitment to build 10,000 high-standard primary and secondary schools across the country has been completed by 66% after several years of unremitting efforts. Nearly 4 billion Hong Kong dollars have been invested in charity from all walks of life. The results are very impressive.
The Royal Fund is preparing to allocate 20 billion Hong Kong Island Harbor City project equity to the Guodong Development Fund for free before the end of March, focusing on helping universities across the country establish Guodong scholarships, build Guodong libraries, and promote tree planting in the Kubuqi Desert.
Greening work to prevent the spread of sandstorms, and at the same time helping the old, young, border and poor areas in the central and western regions to develop mother's water cellars and work-for-relief projects.
It plans to allocate 3 billion Hong Kong dollars in charity every year to fund the advancement of the above projects.
With the vigorous development of Hong Kong's real estate industry over the years, the value of the Harbor City project has increased rapidly, and it is hoped that donations can continue to increase in the future."
At this time, a leader from above said bluntly: "Isn't it against policy to spend money to build one's reputation? You rich people who have made money in China are willing to spend money to buy reputation.
, there is a lot of discussion among upper-level leaders about this kind of thing, have they considered other people’s feelings?”
"What's your last name?"
"Uh...my surname is Miao, what do you mean?"
Wang Yaocheng smiled and said in the same neutral tone; "What I mean is...since the resentment in your heart is so great, from now on, the China Seedling Charity Fund and the Guodong Fund will be suspended until your upper leadership unifies.
Once we understand each other, we can start again."
The leader's face suddenly changed, and he still said a little harshly: "You are threatening the leader, and your intention and starting point are very unrighteous. I hope you can step back from the cliff, seriously review yourself, and deeply reflect on this kind of money supremacy."
The changes in the people around me, including Secretary Luo's face, sank, and fell into the cold field for a while.