Chapter 540 After passing this village, there is no such store
Listening to Li Dongling’s words, it seems that the choice has been given to Wu Yaoguo. Whether to invest in Dongxin Semiconductor or not will fall into this big pit. Let Wu Yaoguo make his own choice.
Wu Yaoguo smiled helplessly. Does he really have a choice? If he invests in Dongxin, he may lose a lot of money. Dongling High-tech is obviously a bit overwhelmed, otherwise he will not introduce Hanxi Country for it. Invest to burn money.
Is Wu Yaoguo really willing to give up this investment?
As the head of Hanxi State Investment, on the one hand, it is to make money and increase income for Hanxi Province, but on the other hand, Wu Yaoguo cannot escape fame and fortune. He is also an official.
What is history? When you open the history books, you will find that they are almost all composed of emperors and princes and generals. Regardless of China or foreign countries, history is made up of these people and those who were in officialdom. A hundred years later, most of the people of this era have been forgotten. The only things that future generations can know about this era are the names of those people in history books. Who doesn’t want to leave a name in history? !
Wu Yaoguo does not dare to hope that he can leave his name in the history of the country, but when he opens the history books in some sub-fields, for example, when mentioning the development history of the domestic technology industry, the name of Hanxi State Investment will appear.
When Hanxi Province aims to review the pillar industries in this era, it is mentioned that one of Hanxi's semiconductor industries was established by companies represented by Dongxin invested by Hanxi State-owned Investment Corporation. For Wu Yaoguo, letting the Hanxi people know everything he has done is equivalent to a military general sealing himself off as a wolf for a person in his official career!
For Hanxi State Investment, if Dongxin’s chips really mass-produce domestic chips and launch a domestic modern lithography machine, then Hanxi State Investment, which invested in Dongxin, will be placed in the domestic market. What kind of status will it have among the state-owned investment companies? Similarly, to what extent will Wu Yaoguo's status be improved?
Of course, if Dongxin Semiconductor starts to make profits, Hanxi State Investment will also receive huge returns.
Just like the original investment in Torch Group, Torch Group has now begun to make profits, but even if it is not profitable, Hanxi State Investment can still get returns. It does not necessarily have to rely on dividends. As long as the Torch Group is listed and the stock price is raised, Hanxi State Investment will You can get your money back by investing and cashing out the shares of Torch Group.
Not only Hanxi State Investment, but also the Economic and Trade Commission, National Development and Reform Commission, and local urban investment companies all follow the same routine. As long as a company can be put into operation and listed, there is a great hope of recovering the capital. This is also the reason why in previous lives, various places worked hard to get local companies listed.
For Wu Yaoguo, there are risks in investing in Dongxin, but it does not mean that there is no chance of winning. It is just that the money needed to invest is probably a lot.
But if it is done, Hanxi SDIC will become a well-known investment group in China and even in Asia. Wu Yaoguo is basically a god in the SDIC circle.
In future news in Hanxi Province, whenever the semiconductor industry in Hanxi Province is mentioned, Wu Yaoguo will be mentioned at some point.
After laughing a few times, Wu Yaoguo's eyes swept over Wu Xinyi and others, and finally stopped at Li Dongling.
“I dare to pull down the emperor even if I am willing to die!”
“Some people have to do some things, and I, Wu Yaoguo, can still take on the responsibility. At worst, the manager of Hanxi Guotou The position has just been removed!" Wu Yaoguo said with burning eyes, obviously having made up his mind.
Seeing this, Li Dongling nodded. No one can say whether it will succeed or fail. If it is bound to happen, Dongling Hi-Tech will not need to recruit foreign aid to Dongxin Semiconductor and can just go it alone.
But if Dongxin’s chips and lithography machines are completed, then the benefits obtained by Hanxi State Investment Corporation will be equally huge. The title of the No. 1 State Investment Corporation in history and the most visionary State Investment Corporation in China will be extraordinary. There is no one like Wu Yaoguo, and even his status in Hanxi will reach an astonishing level.
For Wu Yaoguo, who is only in his forties this year, the ceiling on his future career no longer exists. Even the economic and trade, development and reform, finance, commerce and other departments in Yanjing have opened their doors to him. , by the time he retires, no one can guess how long his title will be.
For those in the official career, there are risks and rewards, but they are also huge. If you want glory, you must have the courage to make a desperate move and be mentally prepared to count the stars in the Children's Palace!
"Dr. Lin, if Dongxin Semiconductor invests in building a chip production base, how much is expected to be invested?"
Li Dongling turned to Lin Sijian and asked, Wu Xinyi, Wu Yaoguo, Zhou Shi and others, all Look towards Lin Sijian.
“If we follow Dongxin’s current needs and launch 6-inch wafers, the chip production process is 450 nanometers, which is technically achievable. If we build a chip base, the monthly production of 6-inch wafers will be around 8,000 pieces. , with an investment of more than US$200 million!”
Wu Yaoguo frowned hard when he heard the construction cost of 200 million US dollars. It was close to 1.6 billion yuan in investment. Although Torch Group also claimed to have invested 1 billion yuan, it was just a slogan, just shouting, and it was divided into several phases of the project. Spread over several years, the actual upfront investment is far less significant.
But Dongxin’s chip production base is different. The investment of 200 million US dollars must be invested before slowly starting trial production and so on.
But Lin Sijian has not yet finished his words, "If we build a chip production base, accidents may occur. We need to purchase equipment from abroad and hire engineers. These costs may fluctuate."
"However, chip technology and processes are changing rapidly. This year's technology may be outdated next year."
Lin Sijian looked at the crowd, "I suggest that Dongxin launches an 8-inch wafer project. This is The mainstream of future chip factories, including major chip companies including Intel, AMD, Toshiba, and TSMC, are all preparing to build or have already built 8-inch wafer factories
If you build a 6-inch fab, plus the construction time, it may be outdated from the day it is built! "If we build an 8-inch wafer chip production base, how much will it cost?" "Wu Xinyi asked through gritted teeth. Even if he didn't know the answer yet, he could already hear the sound of dollars burning.
"Intel this year, in Arizona, will build an 8-inch The wafer factory has just been completed, with a total cost of more than 300 million US dollars. This is still in America, and Intel uses its own chip factory technology!
If Dongxin is planning to build in Hanxi, the cost may be a bit higher if it hires professional design and construction teams, plus purchasing equipment, etc. The total cost may reach about 400 million U.S. dollars, or even higher. ! ”
After Lin Sijian gave his answer, he didn’t say much anymore. Should he choose a cheaper one, which may be outdated as soon as it is built, or start a chip factory with mainstream technology, but the cost may exceed the standard? How to choose? It's not up to Lin Shujian to decide, after all, he is not the big benefactor.
Wu Yaoguo suddenly felt a little sore in his teeth. That was 400 million U.S. dollars, and he had to come up with cash. Even if Hanxi State Investment was known to be rich, it would be impossible for him to come up with such a large amount of cash.
It is certain to borrow money from the bank, but after it is completed, I don’t know whether it will be able to repay the capital. It is very likely that the loss will be a mess, and the company that ultimately guaranteed it will be in debt.
Li Dongling also rubbed his brows. Now he understood why few companies in China and even in Asia were willing to play with semiconductors. It was so expensive to spend hundreds of millions of dollars at once. , and this is not all, the production line may need to be upgraded in the future, and no one knows when it will be able to be produced.
It’s like a dark hole. No one can guarantee whether you can turn around if you throw money into it.
Li Dongling glanced at Wu Yaoguo, who also looked helpless. This pit was even bigger than Wu Yaoguo imagined.
Li Dongling tapped the table with his fingers. If a 6-inch chip factory was built, Dongling Hi-Tech and Hanxi State Investment would invest in it. Although the investment was large, it was within the tolerance of the two companies, but It took several years to complete, but it fell behind. If it were upgraded later, it would probably cost even more.
But the 8-inch chip factory requires an investment of more than 400 million US dollars. If things go wrong in the later stage, additional investment will be required. On the one hand, the risk is too great, and on the other hand, the money required to invest is too much. It's not that Tanglin Hi-Tech can't afford the money, but it uses too much cash flow. Once there is a turmoil, the parent company Donglin Hi-Tech will be implicated.
Which one to choose was placed in front of Li Dongling. Li Dongling took a deep breath and said, "Dongxin is building an 8-inch wafer fab!"
Since a chip factory is to be built, it cannot be built as soon as it is completed. If we fall behind, the follow-up may be more troublesome, and the further we go, the more difficult and expensive it will be to build a chip factory. It costs US$400 million now, and it may more than double in a few years, and opponents may not allow it. The core is rebuilt.
“Donngling Hi-Tech, Dongxin Semiconductor, and Hanxi State Investment will bear half of the construction costs, and we will look for other investors and bank loans for the remaining half!”
Li Dongling said that it was impossible for them to bear such a large expense, and they would definitely have to find foreign help.
"Looking for other investors?" Wu Xinyi was also thinking anxiously. He didn't know what kind of helper Dongxin could choose from overseas, because he might not be able to find helpers at all in China.
“Walden International!”
Li Dongling spat out a name. Anyone who could serve as a foreign aid to Dongxin dared to invest this money. After thinking about it, Li Dongling probably only invested in his previous life. SMIC, AMEC and other domestic chip companies include Walden International.
La Walden’s entry is not only to attract US dollars, but more importantly, it is the resources, connections, etc. behind Walden.
"Indeed, Lao Chen is the most suitable candidate!"
When Li Dongling mentioned Walden International, Lin Sijian couldn't help but clapped his hands and said. As a veteran in the industry, he said to Chen Liwu, the founder of Walden International, Naturally, it is no stranger.
“If Walden International can form an investment consortium and invest in Dongxin Semiconductor, the Dongxin chip production base will be able to break ground this year!” Li Dongling said.
Establishing a chip production base cannot be decided in a few words, but as long as investment is attracted and a team is formed, it can start operation.
Wu Xinyi, Lin Sijian, Zhou Shi and others all began to get busy and prepare for the early stage.
Contact with Walden International did not yield immediate results. Li Dongling, after staying in the Hanxi provincial capital for a few days, returned to Pingyang first.
(End of this chapter)