: Seeking Shares

What else can you say? Of course Hu Yang knows the importance of the semiconductor industry.

Especially chips, how many years have they been stuck in China? People say they sanction you, but isn’t it because you can’t make high-end chips?

In the future, the domestic chip imports alone will cost hundreds of billions of dollars a year, second only to oil. That’s it, people won’t sell it to you at every turn. It makes me cry just talking about it, and this is another step towards backwardness.

Examples of beatings.

Hu Yang organized the language, picked out what he could say, and expressed his views.

"With the development of information technology, communication technology and Internet technology in the future, small chips will become more and more important. If you cannot master the core technology in this area, you will definitely be at the mercy of others in the next century."

Zhang Rulin glanced at Populus euphratica in surprise, not expecting that the young man in front of him would have such awareness.

The most widely circulated sayings nowadays are often regarded as classics by some economists. One of them is to actively participate in the international division of labor and cooperation. The other is that it is better to buy than to build, and to rent is worse than buying.

"Yes, they all talk about division of labor and collaboration. The question is which piece can you get? Is it the high-end or the low-end of the industrial chain? The entire semiconductor industry chain is very long, from upstream raw materials to final products, spanning multiple

Disciplines. Take chips as an example. Product design is one link, manufacturing is another link, and packaging is still another link. As for me, I want to start from the manufacturing link and build a factory in China."

No company can do everything upstream and downstream, but compared to design and packaging, the manufacturing of integrated circuits is undoubtedly the most difficult.

Until the 21st century, domestic production technology will be two to three generations behind foreign countries. Samsung and TSMC's process technology has begun to impact 3nm, while China has just mass-produced 14nm and is preparing to move towards 7nm.

But you can’t stop catching up just because you are lagging behind. It is easier to buy other people’s ready-made products, but the problem is that one day they won’t sell to you?

This is by no means an unfounded worry.

"Dr. Zhang, your foresight is admirable. Have you left Texas Instruments now?"

Hu Yang and Zhang Rulin had a great conversation, and they had many ideas in common.

"I plan to resign after the Spring Festival. At present, I have contacted the Magic City to build a factory in Shanghai Electronic Information Technology Park. Mr. Hu, can I invite you to co-invest in this project?

However, you must also be mentally prepared. It is expensive to engage in this industry, and the future benefits are difficult to estimate. In short, this is not a hugely profitable industry, and the risks are very high. You should think about it carefully."

Zhang Rulin hopes to find like-minded partners, not investors eager for quick success.

"Dr. Zhang, I have confidence in you."

Hu Yang didn't say much, but his firm tone and burning eyes made Zhang Rulin feel warm in his heart.

"Then we might as well sign an investment intention first. There is still a lot of preliminary work to be done during this period. I hope Mr. Hu can go to Shanghai in person after the Spring Festival and we can finalize the investment agreement."

After signing an investment letter of intent with Hu Yang, Zhang Rulin sat down for a while before standing up to leave.

It was the illness he suffered on New Year's Day that gave Zhang Rulin a sense of urgency that time was waiting for him. He was still hesitant at first, but decided to resign and return to China to start a business.

After sending Zhang Rulin away, Hu Yang returned to the office and read the investment letter of intent again, then silently locked it in the filing cabinet.

This investment letter of intent is a framework document and does not have legal effect. According to the agreement, Huijia Holdings participated in the establishment of Xintong (International) Integrated Circuit Manufacturing Co., Ltd. and promised to invest capital before June 30 of this year.

One hundred million yuan in gold.

However, the company's total share capital and shareholder composition are not reflected above. According to Zhang Rulin, there are still several investments that have not been finalized. The final investment agreement will not be signed until after the Spring Festival, and specific matters will be discussed at that time.

Zhang Rulin's idea is that when the company is established, the capital must be at least US$100 million. The reason for using foreign exchange to count is that, on the one hand, most of the company's equipment needs to be imported, and on the other hand, the company itself is a joint venture.

At present, Huijia Holdings' funds are relatively abundant, with about 60 million yuan in cash on its books. Last year, it borrowed 90 million yuan from the bank, and the repayment period is in the second half of the year. For the time being, Hu Yang's financial pressure is not great.

Before the Spring Festival, Hu Debiao informed Hu Yang that he would hold a shareholders' meeting to discuss matters related to dividends.

Last year, Aido Electronics achieved sales revenue of 297 million yuan and net profit of 55 million yuan. Both revenue and profit have reached a big level.

"Now that the company is in a stage of rapid development, why do you want to pay dividends?"

Sitting down in the conference room, Hu Yang looked at Hu Debiao and Peng Shangqing and asked a question.

Hu Debiao smiled slightly and said: "The company now has relatively ample funds. Whether it is dealers or suppliers, we have pressed down their payment for more than a month and a half. The Chinese New Year is coming soon, and I want to use 30 million yuan from the profit.

Is it okay to share the dividends with everyone?"

Peng Shangqing said quickly: "No problem, I agree."

Hu Yang thought for a while and nodded in agreement. Currently, Huijia Industrial holds 40% of the shares in Aido Electronics. Without considering income tax, it can share a profit of 12 million yuan.

This issue passed smoothly. Hu Debiao coughed twice and then said: "You two, I plan to bid for a set of CCTV advertisements this year. I will win the bid no matter what."

Peng Shangqing said nothing, but Populus euphratica was stunned for a moment.

To win a set of golden advertising spaces, the investment is quite huge. The annual bid for the prime advertising space can easily cost tens to hundreds of millions of dollars. Not every company can afford it.

"Boss Hu, wasn't the bidding for a set of advertisements supposed to be in November last year?"

The last set of advertising bidding was held at the end of the first year. Have the rules changed this year?

"Well, if we bid before the Spring Festival this year, the winning company's advertisements can be broadcast starting from New Year's Eve. As for what will happen next year, I don't know."

Hu Debiao looked relaxed. He still believed that as long as he was willing to spend money on advertising, there would be nothing that could not be sold.

"Boss Hu, it's not easy to be the king of CCTV. Spending such a large amount of money will be a heavy burden for any company. You should think twice."

Hu Yang did not deliberately play against Hu Debiao. He remembered that several of the standard kings in the mid-to-late 1990s did not end well.

For example, Kongfu Banquet Wine, Qinchi Wine...well, it also includes Aido VCD.

At this moment, Hu Yang really remembered that in that time and space, Aido VCD seemed to have won the bid once. But he forgot the specific year.

In this time and space, some things that have happened in the past have some deviations in the timeline. For example, if Hu Yang had not invested in Aido Electronics, the company would not have developed so fast. One is a problem of funds, and the other is

Since Nishite Technology provided OEM services to Aido Electronics, the sales of Aido VCD machines in the market expanded rapidly.

However, the arrival of Hu Yang, let alone the major historical process, even affects the development trajectory of the company. In many cases, he is unable to do anything.

Just like Hu Debiao now, he can't listen to any objections at all.

"I have absolute confidence in the development of the company. This advertising fee will not break our bones. Mr. Hu, I am not bragging. If we win the top bid for a set, this year's sales will definitely be around 15

More than 100 million.

Of course, if Mr. Hu is afraid of taking risks, you can also consider selling your shares. I think there must be many people willing to buy them at a premium, what do you think?"

It's normal to have different opinions when it comes to running and managing a company, but it's a bit unscrupulous to openly use shares to argue things like Hu Debiao did.

Hu Yang squinted his eyes, with a bad look on his face.

When Peng Shangqing saw this, he quickly came out to smooth things over: "Boss Hu, if you have something to talk about, why are you talking about the shares? Even if there is someone who plans to transfer the shares, they have to take the initiative to say it, right? It's inappropriate for you to say that.

"

As if suddenly enlightened, Hu Debiao stretched out his right hand and slapped the back of his head, and then said apologetically: "Blame me! Mr. Hu, I just used an analogy to make you strengthen your confidence in me. Don't think too much,

Don’t think too much about it.”

Hu Yang looked at Hu Debiao and Peng Shangqing coldly, knowing that one of them was a good guy and the other was a bad guy.

Suddenly, Hu Yang smiled and said: "Boss Hu's proposal to sell my shares is not bad. How about I sell my shares to Xinke Electronics? I guess they will pay a high price."

Selling to Xinke Electronics, one of the three giants of domestic VCD machines, was of course a joke. But just this joke made Hu Debiao and Peng Shangqing blush so hard that they were speechless for a long time.

"Haha, I was just joking. Boss Hu, continue."

Hu Yang just stopped when he saw good things. Now is not the time for internal strife. After all, Hu Debiao is still acting within the rules and has not exceeded Hu Yang's bottom line.

Hu Debiao's complexion quickly returned to normal, and he was talking and laughing freely. He decided to bid for a set of advertisements, and Hu Yang did not stop him.

A few days later, news came from the imperial capital that this year's CCTV set had been won by Aido VCD, with a bidding price of 10,000 yuan.

"This Hu Debiao just immersed himself in rushing forward without ever considering the post-VCD era. Alas, the Aido Electronics ship will sink sooner or later. It's better for me to escape as soon as possible."

Since New Year's Eve, during the golden time every day, Hu Yang can see "Brother Long" holding an Aiduo VCD player.

To be honest, the advertising effect of a set is really not a boast. After the Spring Festival holiday, the sales of Aidu VCD machines surged five times.
Chapter completed!