I Am the President of the University

Chapter 541 Joint Venture

"Principal Chen, would you like to have a chat?"

These words made Chen Hao a little stunned. What else did Director Liu have to do with him?

"Okay, now?"

"right."

"Then you guys chat first, I'll go to the Optical Core Research Center for a walk." Liang Yiqing laughed and ran away.

As for Zhou Hanqing on the side, he also consciously found an excuse to leave.

Chen Hao and Director Liu walked into the office nearby. \b

"Director Liu, is there anything important?" Chen Hao couldn't help but ask as soon as he sat down.

Don’t just listen to the fact that the Taiwan Affairs Office of the State Council is just an office, but it is a unit directly under the State Council. It has 11 functional departments: Secretariat, General Bureau, Research Bureau, Information Bureau, Economic Bureau, Hong Kong, Macao and Taiwan-related Affairs Bureau, and Exchange Bureau , Liaison Bureau, Regulations Bureau, Complaints Coordination Bureau, Political Party Bureau, Party Committee of the Agency (Personnel Bureau).

Although Director Liu is called the director, he is actually a senior official!

This can be regarded as the most senior official that Chen Hao has had direct contact with after returning to China.

"Principal Chen, it's like this. The main issue is the joint venture with Baodao to build a factory." Director Liu smiled kindly.

"Director Liu, haven't we discussed this before?" Chen Hao looked a little embarrassed and had a very tough attitude.

"I know that you and the higher-ups want to take care of our Guanghua, but since I returned to China, I have received a lot of attention from the country. I don't think I will be involved in the factory anymore!"

Chen Hao's words made Director Liu look at the other party in particular, and tried to persuade him: "Principal Chen, you should know how big the benefits are. Guanghua University is a private university, and there is no national financial allocation. It is only responsible for The operation of the school is not that easy, but it is not easy to support scientific research and innovation. "

"In this way, if you are short of funds, I can contact Bank of China to provide you with a loan of tens of billions of dollars from Guanghua."

As if afraid that Chen Hao would refuse to accept the offer, Director Liu quickly added, "Three years of interest-free, plus two years of low interest. Five years should be enough for you to withdraw your funds."

Listening to what Director Liu said, Chen Hao was actually quite moved.

This cooperation with TSMC not only allows TSMC to build a factory in Ludao, but also builds a joint venture factory!

It is expected that all projects will be completed within 5 years, with a total investment of US$100 billion. China accounts for 51% and TSMC accounts for 49%.

51 billion U.S. dollars, which puts no pressure on Beijing at all.

The state's subsidies and support for chip companies in recent years have exceeded this number. \b

But the capital side wanted Guanghua to join. Guanghua invested US$10 billion, accounting for 10%.

10 billion US dollars is a lot, but the chip industry is definitely a huge profit!

Just look at TSMC's last year's financial report. Last year's revenue was US$47.4 billion, and its net profit was as high as US$16.4 billion!

Net profit can reach one-third of revenue! \b

Although Wal-Mart was once the world's top 500 company, its revenue exploded, but its net profit was compressed to a very low level.

The technology industry and the energy industry are the real money makers, as you can see by referring to Three Barrels of Oil.

Giving such a big piece of meat to Guanghua shows that the country is absolutely willing to pay attention to real talents.

The state can give it, but he really can’t take it.

"Director Liu, you don't need to persuade me anymore, I won't get involved. Money is something you can't make, and besides, in terms of profits, OEMs don't make as much as Guanghua." Chen Hao said Jokingly.

This is true. Although foundries make money, the real big head is Guanghua.

Just like Qualcomm's own Xiaolong chips in the United States, they will be handed over to TSMC for OEM production. Although TSMC makes a lot of profits from it, it also makes a lot of hard money.

Qualcomm is the one who takes the big shot!

"That's right, we are in trouble." Director Liu was startled, then laughed.

Just as they were talking about this, Chen Hao asked curiously: "Director Liu, there should be no problem with this joint venture factory, right?"

Although we talked about this joint venture with Baodao representatives today, we haven't discussed the details of the specific investment ratio yet.

"That's the problem."

Director Liu smiled and patted Chen Hao on the shoulder and said with a smile: "The other party will definitely strive for some benefits, but we are not in a hurry about this matter. At worst, we will find another company to cooperate with."

"But the other party can't do it. What's urgent is that they are not us."

"Yes, then I'm relieved." Chen Hao smiled and nodded.

With the technology in hand, it is so stable.

There is no need to worry about encountering sanctions at any time.

In terms of chip foundry, TSMC is the world's largest, yes, but there are also companies such as Samsung and UMC.

At present, in terms of chip manufacturing technology, there are two leaders and one leader.

The two superpowers are Samsung and TSMC, both of which are currently working on the 3nm process.

The first is Intel.

As for the latter, it is the class that has been left behind such as SMIC.

There is no way, chip manufacturing technology is really an industry with huge investment, and it is not enough to have money alone, but also to accumulate technology. The technical barriers in this industry are too high.

While Chen Hao was discussing here, Baodao was not very peaceful.

After leaving Guanghua Building, we took a white car to Guanghua Hotel to check in.

After arriving in the room, after ruling out that there was no monitoring equipment, Vice President Xie cursed loudly.

"This is too much in mainland China. Is this attitude here for discussion today?"

Vice President Xie put his hands on his waist and paced back and forth in the suite, his chest beating heavily.

"It's almost like informing us. Does what we say still matter?"

"Not important at all!"

Compared with Dean Jiang, Vice Dean Xie's attitude is to be closer to the mainland, but just close to the mainland, and his butt is still in the treasure island anyway.

"Then what should we do?" Zhang Zhongmou shrugged and said in a casual tone, "If we can't reach an agreement, then let's not talk. We can go back tomorrow."

Liu Deyin twitched the corner of his mouth. Lao Zhang was senior and he could afford to make such a joke, but he didn't dare.

"Okay, Zhang Zhongmou, which side are you on?" Vice President Xie shook his head and smiled bitterly. His angry look just now seemed to be fake, but he disappeared in an instant.

"As you know, we have no choice."

Zhang Zhongmou sighed and started making tea using the tea set in the suite.

"Hey, this Tieguanyin is not bad." He said, laughing at himself.

"Drinking tea and drinking tea is useless. If the other party can talk to us, we are actually taking advantage."

"That's what I said, but we still have to fight for something that should be fought, otherwise it will be difficult to go back and explain." Vice President Xie looked heavy and was not in a happy mood.

"What do you think about the joint venture factory?"

"The joint venture is good, and it can also reduce our burden. In addition, with Chinese participation, it will definitely give a green light in terms of policies and approvals." Zhang Zhongmou analyzed "seriously".

"Old Zhang!" Vice President Xie's voice couldn't help but become louder.

"well……"

"You know it well, why do you need to ask me again?" Zhang Zhongmou took off his glasses and wiped them carefully with a square towel.

"The mainland will definitely account for the majority. Based on past joint venture cases, the high probability is 51%."

"What do you want me to think? Of course I accept it, otherwise?" Zhang Zhongmou said lightly.

"How sad!"

Vice President Xie sighed sadly, his eyes full of confusion.

Without the right to speak, there is no confidence, and you can only be at the mercy of others.

Today is just the first day of the four-party talks.

The tug-of-war has just begun...

ps: Don’t read the next chapter yet, wait until after 2 o’clock, I’m so sorry!