Chapter 748 Trillion Investment
Jiuzhou Technology is increasing investment in R&D for the future. Companies such as Xia Wei and Xia Xin, which have been relatively prosperous in recent years, have also begun a new round of financing and R&D investment.
Some reporters noticed that Xiawei Investment Holdings Co., Ltd. disclosed the 1023 second phase of medium-term note prospectus on the official exchange, and planned to issue 10.5 billion yuan of medium-term notes to supplement Xiawei’s headquarters and its subsidiaries. The company's working capital is used to support the development of various businesses and the implementation of key strategies.
Judging from past financing records, since Xia Wei turned to domestic financing in 2019, the total annual bond issuance has been controlled below 10 billion yuan. In 2021, Xia Wei issued bonds twice to raise a total of 8 billion yuan. This year, Xia Wei’s two bond issuances have raised a total of more than 15 billion Xia Yuan.
According to Xiawei’s announcement, the term of this medium-term note is three years, and the interest rate range is 2.7%-3.3%.
Xiawei promises that the funds raised from the issuance will be used for corporate production and operation activities that comply with the laws, regulations and policy requirements of Daxia, and will not be used for long-term investment, real estate investment, financial management and various equity investments.
As of the end of the second quarter of 2023, the monetary fund balance on Xia Wei’s account was 298.9 billion yuan.
Based on this, Lianhe Credit Rating determined that Xia Wei's long-term credit rating is AAA, with extremely low default risk.
As for Xia Wei’s large-scale bond issuance this year, Mr. Ren explained to the public that the cost of Xia Wei’s bond issuance is relatively low. If employees increase their investment in the company, the cost of dividends will be too high.
“Anyway, they can issue as much debt as they are willing to issue. We have relatively ample funds.”
Retired Mr. Ren also complained: "I only found out about this bond issuance and financing news after it came out."
Yu Chengdong was even more straightforward. He said bluntly: "We cannot wait until difficult times to issue bonds, and the current financing interest rate is relatively low. Of course, the most important thing is that the financing channels of Western banks are suitable for Our company is not very smooth, so we turned to domestic financing.”
In addition, he also boldly said: “The current carbon-based chips and architecture of Jiuzhou Technology have given us HiSilicon Kirin. Big pressure now all over the world There are only three semiconductor chip companies: the Kyushu system company with the strongest performance, Western Semiconductor, which is the most conservative, and Xiawei HiSilicon, which is struggling to survive in the cracks. The R&D investment in mobile phone chips is huge compared with the first level. Therefore, if we want to catch up with Jiuzhou Technology, we must increase our investment and increase our R&D investment to even more than Jiuzhou Technology.
This year, our Xiawei investment in R&D for HiSilicon Semiconductor will not be less than 50 billion Xia Yuan! ”
The CFO of Xiawei Company also said at the financial report meeting: “10% of Xiawei’s annual income is fixedly invested in research and development. This article has been written into the basic law of Xiawei Company. Looking into the future, Xiawei will still Increase investment in talent and research and development."
After Xia Wei, Xia Xin’s big move also cheered up the media and global semiconductor practitioners
The chairman of Xia Xin Technology said after the chaebol announcement in the second quarter: “In 1023, challenges and opportunities still coexist. The overall production capacity of the industry is in short supply, but demand in some application areas has slowed down, and the shortage of production capacity across the board has gradually turned into a structural shortage.
To this end, Xia Xin Technology has been actively carrying out industrial layout and promoting the production capacity improvement of carbon-based chips and high-end silicon-based chips. At the beginning of this year, Xia Xin Technology broke ground on its new Pudong Lingang factory, and its two major projects in Yanjing and Pengcheng are also progressing steadily and are expected to officially start production in the third quarter. ”
After reading the manuscript, the chairman got down to business.
“In order to support the expansion of production, our Xiaxin Technology learned from Jiuzhou Technology and began to tighten our belts. In 1010, the first year of listing, Xiaxin Technology did not distribute cash dividends. In 1022, when operating performance increased significantly, Against this backdrop, the company still adopts a profit distribution strategy of not distributing cash dividends
As of 1. At the end of the second quarter of 2023, Xiaxin Technology’s book monetary funds were 91.5 billion yuan, the total long-term and short-term debt was 61.967 billion yuan, and the company’s contract liabilities exceeded 10 billion.”
After the chairman’s speech, Some professionals have summarized the reasons why Xiaxin Technology and Xiawei Company will significantly increase their R&D investment this year. Because these technology companies that have made great progress in recent years have many technologies, and even the main technical systems of the stage are all provided by Jiuzhou Technology, which means that a lot of the profits earned by the company will be transferred to Jiuzhou Technology. And he became an alternative "Jiuzhou Technology Branch".
If we want to get rid of this situation of being a little brother, we can only be forced to increase investment in research and development and retain more profits.
Of course, it is not just Jiuzhou Technology’s partner companies such as Xiawei and Xiaxin, but also companies such as Midi, Dami, and Bubu Cake have also issued similar documents.
While these partner companies were making great fanfare and rolling up their sleeves to prepare for a big fight, the official website of Jiuzhou Technology issued a very low-key announcement.
The title of the announcement is also very interesting. What is "Trillion Investment, Recruiting Talents, and Creating a Future Together"?
The media reporters immediately downloaded the appendix information of this announcement and sought out industry experts for various interpretations.
It's just that these experts couldn't believe their eyes after seeing the announcement and the contents of the document.
Is there really a crazy company on this planet that invests 35% of its net profits in R&D and theoretical research?
"I'm sorry, I can't interpret Jiuzhou Technology's R&D investment report for you for the time being. The data on it is a bit unscientific. I need to study it further."
This is a rational reply.
In addition, there is also a very straightforward one, saying directly: "Don't you know how to look at numbers? Companies such as Xia Wei and Xia Xin are worth hundreds of billions, while Jiuzhou Technology directly brings out trillions. And instead of talking about hundreds of millions, is it normal?
Now who dares to disparage Jiuzhou Technology at such a critical moment? Even if I fulfill your wish and discredit Jiuzhou Technology’s R&D investment, won’t you worry that your company will be able to survive after your report comes out?
Furthermore, I don’t think you can withstand the lawsuit filed by Kyushu Technology’s Legal Department. ”
The first reaction of Daxia’s domestic media organizations when they heard the name Jiuzhou Science and Technology Legal Department was to shudder.
What a pity, what Jiuzhou Science and Technology Legal Department has done in these years These things are enough for those legal experts to write books and give lectures.
Normally, everyone can be happy watching videos of outlaws, but if they really become the protagonists, they will be happy. Not coming out.
However, we dare not engage in crooked ways, but there are people who are willing to do positive interpretations.
Shen Yi, who was once criticized as the number one licker in Jiuzhou Technology, commented after forwarding this news: "With trillions of investments, what project has such great charm? Let Jiuzhou Technology be so ruined? "
I like to write about corporate capital and product research and development, as well as the industry and the current situation, but the writing power cannot support all kinds of pretentiousness under the overall situation.
Learn the lesson and continue to work hard in the future.
Good night. Book friends who subscribe here, I love you~
(End of this chapter)