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………………

Sun Ganlong made the final decision, and everyone here breathed a sigh of relief.

After several consecutive days of meetings, local leaders including Wu Qianrong became experts in mobile chip development just like they became experts in the LCD industry two years ago.

Needless to say, there is no need to mention the frontier.

Lu Weiyu, Gu Yu, Liu Xi, and Baize's administrative team, who needed financial support at any time, were all busy.

As for Fang Nian, the absolute protagonist in this round of meetings, even more...

I'm so sorry that I can't be lazy.

It enviably maintains a relaxed and freehand feel from beginning to end.

certainly……

The meeting didn't end there.

Next, we continued to discuss investment batches, investment forms, preliminary policy support in energy supply, loan discounts, etc.

In this process, Liu Xi gave full play to her absolute strengths.

God only speaks one word once.

One person supports a large team. Even with Luzhou Xincheng, Luzhou Urban Investment and other teams working together, a number of problems were still solved very well.

The best interests of the frontier are guaranteed.

for example:

After advance calculation, Luzhou believes that the first batch of funds will be invested in January, which is 1.5 billion.

Liu Xi used strict calculations and used figures to show that this investment was extremely unreasonable, and convinced many financial professionals.

Finally, Fang Nian spoke up and Sun Ganlong made the decision, setting the price at 3.5 billion.

Sun Ganlong put an end to all disputes with one sentence: "I believe in Mr. Fang's vision and ability and his control of the current situation."

Wu Tongrong agreed: "Now that we have decided to invest in the Baize chip project, investing funds earlier will make it easier for Baize to carry out work."

"..."

Chairman of Luzhou Xincheng and Luzhou Urban Investment Company: "..."

What else could they say.

The leader of Heaven and Earth has the greatest meaning!

The agreed time for the second batch of capital investment is only half a year later, in July.

But this time there are prerequisites.

If the chip designed by Baize Lab can be successfully taped out in July and meet relevant test standards;

Luzhou local government invested a second batch of 4.5 billion funds to help the large-scale production of chips.

this time……

Sun Ganlong expressed certain concerns.

"Mr. Fang, according to relevant market data, Apple spent nearly US$300 million to acquire a chip design company. After nearly two years of accumulation, it still spent US$1 billion in R&D costs to design the current A4 chip;

Comparing the design cycle, Baize Laboratory’s plan is quite loose, but is this R&D investment too low?”

That’s why low-interest loans were mentioned.

Fang Nian said methodically: "Frontier has been investing in research and development funds. It is expected to exceed 2 billion, which can make up part of it, but..."

Having said this, Fang Nian looked at Sun Ganlong: "We hope to get a low-interest loan of 2 billion."

Sun Ganlong didn't hesitate much and agreed directly: "This is something that has been discussed a long time ago. Since Mr. Fang has a plan, I am relieved."

Luzhou local government invested 3.5 billion to support research and development.

And promised to help Qianqian obtain a low-interest loan of 2 billion from the bank.

Counting the 4.5 billion during the production period, this comes to a total of 10 billion.

Frontier 2 billion...

It has already been invested, not counting the hundreds of millions invested previously. Guan Qiuhe and Wen Yeke are currently traveling abroad to purchase patent licenses.

Why do we have to spend more than ten to two billion yuan?

certainly……

To be able to get such favorable conditions.

This is because the plan put forward by Fang Nian on behalf of Frontier explained issues such as production capacity and sales revenue.

According to the cutting-edge plan, Baize Laboratory's high-end mobile processing chip project initially plans to ship 30 million pieces per year, mainly for the global smartphone field, with a total project investment of 12 billion yuan.

The site is located in the Shuxi Lake area of ​​Luzhou High-tech Zone, with an overall scale of 1,000 acres, of which 300 acres are used for the first phase, and 15 acres have been invested in construction.

It started production in July 2011, and the first full sales year after reaching production exceeded 4 billion yuan in sales revenue.

These contents are supported by detailed market-related data.

It can be said that Frontier has really given Luzhou local people a strong confidence.

According to the current shipment price analysis of major mobile chip giants in the international market, the average shipment price of high-end mobile chips exceeds 150 yuan;

In fact, the average shipping price of chips of the same level that is comparable to Apple's A4 chip is more than 200 yuan.

After all, the R&D cost of the A4 chip alone is US$1 billion? The production cost alone is US$11. It is expected to ship 40 million pieces in the first year, and so on? The shipment price in the first year must exceed 200 yuan to make back the investment.

.

Even if the shipment price is only 150 yuan per piece? Cutting-edge design chips only need to ship more than 26 million pieces to achieve the sales target.

Comparatively, the total mobile phone sales in the global market this year is 1.2 billion.

In addition, Frontier is endorsed by members of the Nuwa Alliance...

What else to say?

Of course? There must be some ideal data in this, but it doesn't matter.

Just if this project can be fully implemented in Luzhou, it will be enough for Sun Ganlong, Wu Qianrong and others to want it.

because……

The market performance of Frontier's Nuwa system in just two months has proven its excellence.

because……

Without further ado, Frontier will first invest 500 million to build the Frontier Institute of the University of Science and Technology of China? To ensure that there is sufficient support for university research and development resources.

because……

Frontier didn't say anything? It first spent several hundred million to acquire mature teams and licenses for the international public version architecture.

These are enough for Sun Ganlong and Wu Qianrong to write a special book.

The generous investment of 8 billion + low-interest loans of 2 billion will further prove that they are discerning.

As long as the project can be completed as expected and put into production.

How the market performs is actually not that important.

This is also the fundamental reason why Sun Ganlong is particularly worried about insufficient R&D funds and is unable to complete R&D within the expected cycle.

And Fang Nian...

Also based on some vague impressions, I bet on a certain psychology of Sun Ganlong and Wu Qianrong.

This time point in July will be more important.

Things? Sometimes it’s that simple…

December 16, 2010.

Frontier Innovation signed a memorandum of cooperation with Luzhou local government? The terms are clear and concise.

Lu Weiyu attended the signing meeting on behalf of Frontier? Everything has settled...

Celebration luncheon held at Swan Lake Hotel.

Before the luncheon started? Lu Weiyu and Fang Nian went back to the room.

Taking advantage of this time? Lu Weiyu expressed her confusion: "What kind of tricks have you done these days?"

Fang Nian specially changed into Tangli dialect and whispered: "If nothing unexpected happens, Sun Shu's position will change around July next year, and Wu Shi will take over, but both of them want a better position;

Sun Shu is most likely still in the province? But he wants to have a more important position;

Is it common practice for a provincial capital city to become a province? But some can have a deputy certificate."

Lu Weiyu subconsciously said: "What does this have to do with the frontier?"

Fang Nian: "..."
To be continued...