Chapter 425 DRAM Project Starts Construction
Chapter 425 The dram project begins construction
The next day.
Charming Semiconductor issued an announcement stating that the company plans to invest 10 billion yuan (rmb) to build a large-scale DRAM factory. The required funds will be partly self-raised and partly through the issuance of convertible bonds and bank loans.
The specific work was handed over to Yan Hanzhang and Huang Tao. Charming Semiconductor immediately began to study the construction location of the new factory and prepare for financing.
"Mr. Hu, these reporters have a really keen sense of smell. Just after the announcement of Charming Semiconductor came out, they wrote articles and gave various interpretations."
Within a few days of the announcement, there were extensive reports on Charming Semiconductor's preparation to enter the DRAM field, both in print media and on the Internet.
Lin Yan compiled some articles for Hu Yang and asked him to read them when he had time.
Hu Yang glanced at it casually and threw it aside. These articles have begun to take the form of "shock articles". It seems that as soon as this project is completed, it will be able to beat Samsung and Micron. Most of the contents are made up at will based on guesses.
"These articles are desperately bragging, which is of no benefit to us. Technological progress is not as easy as they say. Don't forget that Charming Semiconductor is still in the role of a chaser."
Although Hu Yang sneered at these articles, he had nothing to do. There was no way to clarify this kind of thing. If you talk too much, you would be wrong. It is better to remain silent.
"That's right, the outside world knows nothing about our technical status, so they start making random guesses. Huh, this is simply flattering!"
Of course Lin Yan understood that the contents of these articles could not withstand scrutiny. She complained angrily and took the materials out.
Near noon, Hu Yang received a call from Qi Xiangmin.
"Mr. Hu, where are you going to build Charming Semiconductor's factory? If you ask me, you should build it in the deep sea. After all, this is your base. You don't have to worry about financing. The city will come forward to help you coordinate.
Send people to the relevant departments to discuss it."
Qi Xiangmin knew the content of Charming Semiconductor's announcement immediately. He waited for two days and didn't see Hu Yang's specific actions, so he couldn't help but call to inquire in person.
This project is equally important to Qi Xiangmin. The transformation of the city's economic structure requires such high-tech companies to settle in. As the saying goes, the good news should not be left to outsiders, and he must not just watch the project land in the field.
"Thank you for your concern. If the city can help us coordinate financing issues, I will of course be willing to locate the new factory locally."
It is unimaginable to invest in the construction of a large-scale DRAM factory without local support. Financing issues, land issues, tax incentives, etc. are not easy to solve.
Now that Qi Xiangmin has made a promise, Populus euphratica naturally does not have to abandon the near and seek the far.
"Okay, what I want is your words. That's it. If you encounter any difficulties, just call me. I have one more meeting, so let's do this first."
Qi Xiangmin was very satisfied with Hu Yang's attitude and hung up the phone with a smile.
However, Hu Yang also knows that his future projects may not be located in Deepsea. In at least ten years, Deepsea will face a significant increase in land costs and labor costs. The headquarters and R&D institutions can continue to be retained, but new factories must be relocated.
"Mr. Yan, please go to the relevant departments in the city. The city has promised to give us the land we need to build a new factory, and the bank will also help us coordinate."
Hu Yang immediately called Yan Hanzhang and asked him to contact the city.
"Okay, I understand. Mr. Hu, Charming Semiconductor has submitted an application to the regulatory authorities for the issuance of convertible bonds. We need to wait patiently for a period of time."
Yan Hanzhang is usually smooth-talking, but when it comes to serious matters, his execution ability is very strong.
Hu Yang asked a few more questions about the company's self-raised funds before hanging up.
A week later, the land needed to build a new large-scale dram factory was approved.
Ten days later, the bank signed an agreement with Charming Semiconductor, promising to provide 5 billion yuan in credit support.
Charming Semiconductor itself has also raised 2 billion yuan of its own funds, solving most of its financing problems.
"Mr. Hu, the preliminary work of the entire project is progressing very quickly, and the funding gap is still about 3 billion yuan."
Yan Hanzhang has now shifted his main focus to the issuance of convertible bonds. Charming Semiconductor's application is currently going through the process, and it will take some time to be approved.
"Then what are your plans?"
Hu Yang did not intervene in these specific tasks. He believed that Yan Hanzhang, Huang Tao and others were competent.
"We held a meeting to discuss it and decided to immediately invite bids for the infrastructure part and then start construction. Equipment must also be ordered in advance. It is expected that the entire project will take one and a half to two years before the new factory can be put into production."
The civil engineering part of the project will be faster, but the installation, debugging and trial production of the equipment will take a lot of time. Yan Hanzhang's estimated production time is not conservative.
"Then let's proceed. If the issuance of convertible bonds is blocked, we will think of other ways. In addition, research and development work must also be actively promoted, and the DRAM product should be finalized as soon as possible."
At this point, Hu Yang is not worried about the funding gap. The entire construction cycle is still very long, and time cannot be wasted just because 3 billion yuan of funding is not in place.
"Okay, we will start the construction of the new factory immediately."
The construction of Charming Semiconductor's new factory has moved from the preliminary preparation stage to the engineering construction stage.
After reaching this stage, most of the work was handed over to Huang Tao. Huang Tao was responsible for several new factories of Charming Semiconductor, and he has now grown into a true "factory construction expert."
Hu Yang estimated that Huang Tao's ability was no less than Zhang Rulin's in building a new factory.
At present, Charming Semiconductor is developing rapidly in the field of flash memory, and the number of orders has surged. In addition to the factory in Shanghai, other factories have also ended trial production and begun to enter the customer introduction stage, and are about to mass-produce.
Once Charming Semiconductor's existing factories begin to release production capacity, the company's performance will be greatly improved.
Everything seems to be moving in a good direction.
"Mr. Hu, Miss Liang Shuqi has paid off all the debt. She said she will call you personally to thank you later."
Mu Shaoqing called from Xiangjiang. Hu Yang was stunned for a while before he realized what he was talking about.
The property market in Xiangjiang collapsed before, and Liang Shuqi, who had invested a lot of money in real estate speculation, almost went bankrupt. Later, she asked Hu Yang for help, and Hu Yang provided her with financial support.
This matter was a trivial matter to Hu Yang, and he had really forgotten it.
"Okay, I understand. Mr. Mu, how do you feel about being in Xiangjiang?"
After the company's management rotation, Mu Shaoqing took charge of Xiangjiang. Populus euphratica has been quite busy during this period, so he didn't go there to take a look.
"The work here is pretty easy, but it's just that I can't be energetic if I stay here."
Mu Shaoqing chuckled, rarely speaking so seriously. In fact, he didn't like Xiangjiang very much. He felt that it was difficult for him to integrate into the local area, and he felt an inexplicable sense of alienation.
"It's nothing serious. Just come back and rest on the weekend. But if you want to use this excuse to ask me to change your position, you probably won't be able to do it within a year or two."
Hu Yang could understand Mu Shaoqing's feelings. After all, he had been in the Mainland before. Some people in Xiangjiang always have some inexplicable sense of superiority and even look down on Mainland people. Living in such an environment has to be adapted slowly.
"Haha, you are the boss, you have the final say!"
It's not that Mu Shaoqing couldn't stay in Xiangjiang for a whole day, he just simply didn't like some people and things.
Hu Yang chatted with him for a while before hanging up the phone. Immediately afterwards, Liang Shuqi's call came in.
"A Yang, are you free? I want to meet you."
"Qiqi? Have you returned to the deep sea? We have time to meet, but you are afraid of being recognized when you appear in public, so why don't you come to my company."
Hu Yang doesn't like to be secretive wherever she goes, but Liang Shuqi is definitely considered a first-line star now, and it's not convenient to go out for a meal.
There was not much conflict between Hu Yang and Liang Shuqi. It was just because Liang Shuqi's career was rising rapidly and she was busy with filming and various activities all day long. She seemed to be a thief when they met occasionally, so the two gradually drifted apart.
"Okay, then you wait for me at the company. I'll call you when I'm almost there."
Liang Shuqi originally wanted to invite Hu Yang to her home for a chat, but he had already said so, so she could only agree.
Less than an hour later, Liang Shuqi called, and Hu Yang asked Li Jie to pick her up.
In the underground garage of the investment building, there is a closed area belonging to Populus euphratica. There is also an exclusive elevator there, which is more convenient for Liang Shuqi to enter and exit quietly.
"Ayang!"
Walking into Hu Yang's office, Liang Shuqi smiled and said hello. To her, the tall and handsome man in front of her was so close yet so far away.
"Qiqi, sit down."
Hu Yang looked at Liang Shuqi, who was in high spirits, and said to her heart that she was indeed a first-line star, and her makeup was very particular.
"Ah Yang, I came here specifically to thank you today. Without your help, I might have gone bankrupt long ago. How could I have the comfortable life I have today?"
Sure enough, just as Hu Yang thought, Liang Shuqi paid off the debt and came to see him just for this "thank you".
Hu Yang smiled and waved his hand and said: "Don't talk about that. How is the property in your hand now? I heard that housing prices in Xiangjiang have begun to rise."
"Yes, house prices have increased a lot in the past six months, and I have already made a profit."
Liang Shuqi has now achieved success in her career and investments, and she seems very relaxed. She clearly understands that she is where she is today thanks to Populus euphratica, and she has never forgotten this in her heart.
The two chatted for a long time. Hu Yang asked the restaurant on the top floor to deliver some meals, and he and Liang Shuqi sat in the small restaurant in the office to have lunch.
Chapter completed!