My Age of Investment
One thousand one hundred and four, 10 years on the Fortune Global 500 list (Norns leader 1/10)
The next day.
Magic City, Zhangjiang Science and Technology Park, Fuxing Semiconductor Branch Park.
The gongs and drums are noisy, the salutes are fired, and the ribbons are flying...
The entire outdoor press conference was a lively and festive scene.
Xia Jingxing was also dressed like a groom, with a red fireworks pinned to his chest and mousse on his head. He looked particularly energetic and festive.
Looking at Liu Xiaoduo who was still meticulously arranging the wrinkles on Xia Jingxing's clothes after having been tidying up for a long time, Academician Li Guangnan on the side couldn't help but joked: "Okay, okay, Xiaoduo, don't do it anymore, Comrade Xiaoxia It’s not really like getting married.”
Liu Xiaoduo turned back and smiled at Li Guangnan, and continued to concentrate on arranging his clothes.
Li Guangnan looked at the continuous factories and buildings around him and couldn't help but sigh: "Xiao Xia, you still have the ability. In one year, you can do it as soon as you say it."
"Where there is a will, things come true. Even if the cauldron sinks the boat, the hundred and two Qin passes will eventually belong to Chu!"
Seeing Xia Jingxing's high-spirited look, Li Guangnan couldn't help but give a thumbs up, "That's good, many companies are missing such a breath! Oh, forget it, let's not talk about it."
Looking at Li Guangnan who seemed to be thinking of something sad, Xia Jingxing didn't know how to comfort the old gentleman.
On the day when the first production line of Fuxing Semiconductor's Magic City factory was put into operation, Forbes magazine announced the 2008 list of the world's top 500 companies. Conscience Group ranked 499th with revenue of US$16.8 billion in fiscal year 2007, advancing for the first time. Fortune 500!
Xia Jingxing believed that the people in the capital were celebrating with singing and dancing just like the Fuxing Semiconductor Factory in the Magic City!
If converted into RMB, Liangliang Company achieved revenue of nearly 120 billion yuan last year. It also has more than 20,000 employees around the world, has established branches in more than 60 countries and regions, and operates in more than 160 countries and regions. business……
With such brilliant achievements, who dares to say that it is not successful and is not a successful international enterprise?
Like the light of the nation! Who dares to say that he is not a loyal and protective dog who will come to bite him!
Soon, Fuxing Semiconductor's press conference and chip production celebration ceremony began.
As per the old rules, the deputy prefect in charge of industry in Shanghai City spoke first.
After taking office, the leader who provided a lot of help to Fuxing Semiconductor in the Magic City first reviewed the difficulties and obstacles that Fuxing Semiconductor had overcome in the past year, then summarized the current achievements of Fuxing Semiconductor, and finally gave Fuxing Semiconductor "carry on the past and open up the future. The horoscope message of “taking advantage of the momentum”.
Then the audience burst into thunderous applause to see the leader off the stage.
"Now, I would like to invite Mr. Xia Jingxing, Chairman of Fuxing Semiconductor and Chairman of Fuxing Industrial Holding Group, to take the stage to deliver a speech!"
Hearing the beautiful host on the stage start calling his name, Xia Jingxing immediately walked onto the stage at a fast pace.
The reporters in the audience immediately began to take action, aiming at Xia Jingxing with long guns and short cannons of various calibers.
Among the large group of reporters, most of them were domestic reporters with black hair and dark eyes, but there were also some international media based in China who came to watch the ceremony and join in the fun.
Fuxing Semiconductor is just a small foundry. It would not have received so much attention from the international media, but the "factory director" is Xia Jingxing.
The beautiful host invited from Dragon TV quietly stepped aside and gave way to the stage. Xia Jingxing quickly walked behind the colorful podium and began to speak.
After a grand and sincere thank you, the speech began to get to the point: "Today is the day when the Fuxing Semiconductor Magic City Factory put into production the first 90-nanometer product. It is also a day worthy of joy and commemoration.
But when we are done being happy, it’s time to pack up, calm down, and continue on the road.
What I want to say to my partners and employees is that chips are an infinite game.
Now that we have joined this game, there is absolutely no reason to quit midway. No matter how strong the opponent is or how difficult the road ahead is, I will accompany you all the way..."
The reporters in the audience were stunned. Listening to this tone, it seemed that Mr. Xia didn't care at all about Fuxing Semiconductor's current achievements?
You know, Huaxin International took a full 13 months from laying the first pile to build the factory until the factory was officially put into operation.
This speed has already set a new record for the construction of chip manufacturing plants in mainland China.
Fuxing Semiconductor was even faster than Huaxin International. It only took 12 months and a few days to complete the entire process from factory construction to production.
You have surpassed Huaxin International, are you still not satisfied?
The Fuxing Semiconductor employees in the audience all stretched their necks and looked at Xia Jingxing on the stage one by one, with confusion, grievance, and admiration in their eyes...
Many of them had the same idea as the reporter and felt that Mr. Xia's demands were too high.
Chen Hong, Deng Feng, Zhu Min and other shareholders of Fuxing Semiconductor were sitting in the front row. After hearing Xia Jingxing's remarks, they couldn't help but exchange a few words in a low voice.
"Is Jing Xing a little anxious?"
"Are you not in a hurry? Gulf Power already mass-produced 45nm chips last year. Fuxing Semiconductor is two and a half and nearly three generations behind others. If we don't catch up now, we will always be left behind."
"There's nothing we can do about it. The foundation of our country is really poor, and at the same time, we're jointly blocked by others."
"Huaxin International started with 250 nanometers in 2000, and now has mass production of 90 nanometers and has reached the threshold of 65 nanometers. Take your time! There is a chance!"
…
On the stage, Xia Jingxing continued: "Of course, if we evaluate it objectively, Fuxing Semiconductor started from scratch. It is already remarkable to achieve such results in one year.
But this is not enough. Now there are a large number of chip design manufacturers willing to give us manufacturing orders.
However, we are limited by issues such as production capacity and manufacturing process level, and cannot accept so many orders.
It's like seeing meat dangled in front of you but still not being able to eat it. It's quite greedy. "
There was a burst of laughter in the audience, which slightly diluted the tension caused by the serious content of Xia Jingxing's speech just now, and everyone looked much more relaxed.
“Only by eating meat can the company make profits, support the research and development of advanced manufacturing processes, and provide employees with higher salaries and benefits.
Therefore, after a short break, all members of Fuxing Semiconductor must still press forward with all their strength and strive to become a Fortune 500 company within ten years and become a true high-tech enterprise. "
The scene was quiet for a few seconds, and then I couldn't help but look at you and me.
They found out who Mr. Xia’s words seemed to imply?
Especially the sentence "to be a true high-tech enterprise".
Xia Jingxing didn't bother to care about what the reporters thought or who they thought about.
"Okay, thank you everyone!"
After Xia Jingxing finished speaking, he walked off the stage gracefully.
Then, Liang Mengsong, CEO of Fuxing Semiconductor, took the stage to say a few words.
He was much more professional than Xia Jingxing, and his speech mainly focused on changes in the global semiconductor market, chip price fluctuations, manufacturing processes, and the second factory planned to be built in Beijing.
After the celebration ended, there were a large number of reporters at the scene who did not disperse. This group of people surrounded Xia Jingxing on three levels inside and outside, as if Xia Jingxing was not ready to let him go if he did not accept an interview today.
"Don't be anxious, don't be crowded. Please ask questions in an orderly manner. Due to time constraints, I will answer three of your questions!"
After saying that, Xia Jingxing started randomly selecting reporters to ask questions regardless of whether the reporters agreed or not.
“Mr.
Xia Jingxing smiled and said: "This is one of our many development goals. Since we are all friends and businessmen, there is no need to declare war or not. We now focus on win-win cooperation."
Xia Jingxing was so slippery that reporters found it difficult to deal with him.
So the second reporter’s question became even more sharp, “Mr.
Ten years later, the threshold for inclusion on the list may become US$34 billion, or even higher.
If Renaissance Semiconductor wants to be on the list, it must at least become the top three or even the first in the world in the field of chip foundry. Do you think it can be done? "
Xia Jingxing replied very calmly: "First of all, the threshold for inclusion in the Fortune Global 500 list in ten years will definitely not reach the US$34 billion you mentioned. We have made internal calculations based on previous years' lists, and it should be between US$23 billion. Between US$25 billion and US$25 billion.
Why do we do calculations? It’s not like you have nothing to do! Instead, we are decomposing goals and tasks, and refining annual goals and business growth rates.
This is a ten-year agreement. Whether it can be accomplished in the end is not up to me, but time will reveal the answer. "
The surrounding reporters looked surprised, and immediately looked at Xia Jingxing's serious expression. Could it be that he was serious about releasing satellites?
Big news today!
They have even thought of the title, which is called "Xia Jingxing's Small Goal - Entering the Fortune Global 500 in Ten Years."
The last reporter who got a chance to ask questions asked: "Mr. Xia, will Renaissance Semiconductor have any financing and M\u0026A plans in the future?"
The eyes of the surrounding reporters lit up. This sentence hit the point, and it was also an important factor in whether Xia Jingxing could achieve his small goal.
Xia Jingxing laughed loudly and said: "You can't possibly ask me to start with 1 billion US dollars and build a company with more than 100 billion in revenue within ten years, right? A company with light asset operations such as the Internet is okay. Industrial, especially Semiconductors are not good, this industry requires a lot of investment, this is an objective fact."
After hearing this, the reporters all understood. Is this the rhythm of spending huge sums of money?
The reporters wanted to ask more questions, but the security personnel had already escorted Xia Jingxing away.
No one remembered the agreement that they could only ask three questions, and they all chased Xia Jingxing. The scene was chaotic.
"Mr. Xia, how much money will you invest in Fuxing Semiconductor next? Is there a budget limit?"
"Mr. Xia, are you going to bet hundreds of billions on the semiconductor industry?"
"Mr. Xia, have you ever considered failure?"
…
The reporters were chasing after them with long guns and short cannons, while Xia Jingxing ran in front.
A smart reporter quickly took this classic photo.
It is quite similar to the famous photo of Hermès from another time and space, except that Xia Jingxing's belt is black and not so glittering, and his running posture is not so enchanting.
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