My Age of Investment

After arranging for Chen Hong to go to explore the road, Xia Jingxing temporarily put the matter of Huaxia Digital aside.

Taking advantage of working in Shanghai during this time, he went to inspect the construction site of Fuxing Semiconductor's factory in Shanghai.

Zhangjiang Hi-Tech Park, a microelectronics industry base.

Wearing a hard hat, Xia Jingxing, accompanied by Liang Mengsong and several Fuxing Semiconductor executives, stood in the outer safety zone and looked at the busy construction site in front of him.

All kinds of engineering equipment roared, and hundreds of thousands of construction workers were busy like ants on the scaffolding, building a grand semiconductor park bit by bit.

When the foundation of the project was laid a few months ago, it was still a wasteland, but now some prototypes of the factory area can be seen, and the progress of the project is very fast.

Covering an area of ​​250,000 square meters, the Modu Semiconductor Park will be divided into three major sections: production plants, auxiliary plants, and living quarters for employees.

Xia Jingxing was very concerned about the living environment of the employees, and specifically asked about the detailed planning of the living quarter - Fuxing Home.

Liang Mengsong immediately gave a detailed introduction and reported various figures accurately.

Fuxing Homeland covers an area of ​​125,000 square meters, with a plot ratio of 1.5. There are staff rooms, shops, children's activity centers, garages, etc., with a total construction area of ​​about 187,500 square meters. After completion, 1,500 residences will be provided to Fuxing Semiconductor Magic The employees and families of the capital factory live in, and the area of ​​each apartment ranges from 60 square meters to 210 square meters, and is allocated according to the rank of the employees.

After listening, Xia Jingxing nodded in satisfaction, "It's not bad, I don't want to build the highest-grade house in Shanghai, but at least reach the middle level.

Some employees come back from overseas with their families to serve the motherland, and this sincere heart cannot be chilled. "

Liang Mengsong smiled and said, "Mr. Xia, the standard of Fuxing Homeland is already very high in all aspects, a little bit better than that of Huaxin Garden next door."

Xia Jingxing smiled and said nothing, no better than Huaxin Garden next door, how could he attract talents to jump over here.

This can be regarded as a little trick they played.

"I heard that Huaxin's life is not easy recently?"

Liang Mengsong glanced at Xia Jingxing, shook his head, and said, "It's not just that it's not easy, it's simply troubles at home and abroad!

Externally, they had to deal with Gulf Power's aggressiveness, just as the internal business growth rate began to weaken again. Their business growth rate in the past two to three years has only been in single digits, which is equivalent to standing still.

However, they still did not give up. Some time ago, they acquired 65nm MirrorBit technology from Spansion Semiconductor and applied it to the 300mm wafer foundry business. They intend to try to manufacture and sell 90nm and 65nm products in the specific flash memory market.

In addition, it is also heard that they are negotiating with IBM, intending to win the 45nm BulkCMOS technology licensing agreement. "

Xia Jingxing nodded slightly. This is Huaxin International's current technical level. It has just mass-produced 90 nanometers, and it will take two or three years for 65 nanometers to be mass-produced. There is not even a shadow of 45 nanometers.

Of course, this is also stronger than them, and it will take some time for Fuxing Semiconductor to mass produce 90 nanometers.

"Don't talk about them, talk about us!"

Xia Jingxing looked at Liang Mengsong with a smile, "When will the factory be completed? When will the equipment be moved in? When will it be put into production? Is there a clear timetable for these things?"

Liang Mengsong replied unhurriedly: "The factory will be completed in the first half of next year.

At present, the equipment is being introduced, and it will be moved in around June next year, and will be officially put into operation in July or August. "

Xia Jingxing calculated that if the plan goes well, the factory will only take about one year from the start of construction to the official production, which is quite fast, almost equaling Huaxin's construction miracle back then.

"Okay, you are an industry expert, I will listen to you, I will do the logistics work well. During this period, if you have any difficulties, you can directly raise them and I will solve them. You only need to do one thing well and start production as soon as possible , Mass production!"

Looking into Xia Jingxing's eyes, Liang Mengsong smiled and nodded, "There are no other difficulties, the biggest difficulty is the lack of people."

Xia Jingxing didn't say a word. Recently, Fuxing Semiconductor has placed sky-high orders to the major headhunting companies, asking the headhunters to go to the major semiconductor companies to scoop up as many people as they can.

However, the effect of poaching people is not good. Many engineers and scientists have various concerns.

Some people have already married wives and had children in the local area, and they are undecided about changing jobs or relocating;

Some people doubt the strength of Fuxing Semiconductor, and feel that the technology and platform are too low to give full play to their own level, and it is easy to disrupt their career planning;

There are also some people who are afraid that Fuxing Semiconductor will follow in the footsteps of Huaxin International, be suppressed by the giants, suffer setbacks in development, and even bring their own future to be bleak;

...

In short, each has its own thoughts.

Regardless of personal gains and losses and future, there are always a small number of people who return to China with enthusiasm to join Fuxing Semiconductor. Xia Jingxing also expressed his understanding of this. After all, people have selfish motives, and even if the country calls for it, some people are unwilling to come back, let alone Fuxing Semiconductor is just a private company. .

"Okay, I see, I'll figure out a way."

Liang Mengsong glanced at Xia Jingxing, wondering why the boss was so confident.

However, he felt that the boss would definitely run into a wall, unless he was really throwing money at all costs, five times, ten times.

But in that case, the company's salary structure will become extremely deformed.

Xia Jingxing, the big boss, may think nothing of it, but other shareholders should have some opinions.

Xia Jingxing had his own considerations in mind. The semiconductor industry has not been very prosperous in the past two or three years. After the power of the financial crisis is fully revealed, the industry will further decline.

At this time, it is the turn of Renaissance Semiconductor to show its talents.

…………

…………

At the invitation of Huawei, Xia Jingxing led dozens of executives from Fuxing Industrial Holdings and Overseas Holdings to visit Huawei's headquarters in Bantian, Pengcheng.

Ren Zhengfei brought his eldest daughter Meng Wanyu and dozens of Huawei executives to welcome Xia Jingxing and his party at the gate of the park, and led the group of guests who came from afar to visit the Huawei headquarters park on foot.

Huawei Sakata Headquarters was founded in 1998 and is divided into A-K districts. The buildings in each district are named after the district code plus a number, which includes training centers, R\u0026D centers, administrative centers, Baicaoyuan staff apartments, etc. The building complex covers an area of ​​about 1.3 square kilometers, or 1.3 million square meters, which is as large as a small town.

The working environment in the entire park is clean and comfortable, and the scenery is also beautiful, with green plants, slightly rippling lake water, and swans playing in the lake.

After visiting along the way, what impressed Xia Jingxing most was the names of the roads in the park.

In order to highlight Huawei people's reverence for science and pursuit of truth, many roads in the park are named after the names of ancient and modern Chinese and foreign scientists, such as: Bell Avenue, Madame Curie Avenue, Jiaxian Road, Longping Road, etc. .

After the visit, Huawei sent dozens of executives to lead executives from Renaissance Industries and Overseas Holdings to the conference room for exchanges.

Xia Jingxing and secretary Liu Xiaoduo followed Meng Wanyu and Ren Zhengfei into a study room.

"President Xia, Miss Liu, please sit down!"

Ren Zhengfei was enthusiastic and meticulous, even Xia Jingxing's secretary did not forget to say hello.

The four sat down one by one, Ren Zhengfei sat opposite Xia Jingxing, and Meng Wanyu sat behind the old man, holding a notebook and playing the role of secretary.

"Mr. Ren, I wanted to visit you a long time ago, but I was delayed for some reason. I finally saw the real person today, and I have to ask you for advice."

Ren Zhengfei waved his hand at Xia Jingxing, "President Xia, you are too polite, let's communicate with each other!

Many foreign partners of Huawei have been asking me about your Fuxing mobile phone recently, saying that this company is so fierce that it has suddenly risen.

In the field of consumer electronics, except for conscience computers, you are the only ones who have achieved this step. "

Xia Jingxing smiled, "We can't compare with Conscience Computer, their service level is very high abroad."

Ren Zhengfei's face was a little embarrassed, he had forgotten that Xia Jingxing was the one who pointed at Mu Zhixin and scolded him, and the relationship between the two companies was very bad, and could even be described as incompatible.

Like them, Huawei, a niche mobile phone brand that specializes in making customized phones for operators, was invited to join the Android Alliance. However, conscientious mobile phones were not invited, and they even announced that they would never join the Android Alliance.

It can be seen how deep the grievances between the two major industrial groups are, so deep that they never communicate with each other.

Meng Wanyu smiled, and spoke out to resolve his father's embarrassment.

"Mr. Xia, Fuxing Mobile adopts a unified pricing strategy for domestic and international markets, and a unified service attitude. It has conquered overseas users without any behavior to please the international market. It can be called a benchmark and model in the Chinese technology industry. "

Xia Jingxing glanced at Meng Wanyu. The latter looked about 30 years old, with light makeup on his face and a decent black professional attire. He had a dignified demeanor, a friendly smile, and a graceful gesture. He was not the kind of vulgar socialite. , He joined Huawei as soon as he graduated from university, and gradually grew into his father's right-hand man, which can be called an outstanding successor.

I don't know if I went back to China later? Xia Jingxing remembered that on the eve of his rebirth, the other party was still in Canada.

"Mr. Meng is overrated. At this time, many companies that claim to be international are pinning their hopes of opening up overseas markets on subsidizing foreign users and wooing foreign users with a low profile."

Xia Jingxing said seriously: "This is a serious mistake, because technology is the real competitiveness and foundation of a technology company.

Without technology, foreign consumers will not even look at you highly.

Some companies try their best to tear off the Chinese label on their bodies, as if it is a shame, and it affects their development of overseas markets.

Fuxing Mobile will never do this, even if we have encountered a lot of setbacks in developing the markets of Japan, South Korea and India because of the Chinese label, we will never self-castrate the entrepreneurial spirit. "

Ren Zhengfei was quite surprised and said: "Frustrated? I would like to hear the details!"

Xia Jingxing slowly told about all the things Lu Lei, the president of the Asia region, had reported back to the headquarters a few days ago.

After listening, Ren Zhengfei frowned: "It's not surprising! Huawei also encountered the same problem when developing markets in these countries.

Populism is prevalent among the bottom-level people in South Korea. They have always been proud of buying domestic products and boycotting foreign products.

But the dramatic thing is that the middle and upper class in South Korea prefer to buy imported cars. "

Xia Jingxing smiled, the kimchi country is like this, the society is quite deformed.

Ren Zhengfei continued: "Japan has a lot of respect for our country on the surface, but in fact they are wary of our country's rise.

In addition, the Japanese conglomerate is powerful, and like South Korea, local protectionism is also very serious.

Besides, in India, the gap between the rich and the poor is very wide. At the same time, because of hundreds of years of colonial rule, the upper class in India likes European and American goods very much, but looks down on China, which is also a developing country.

However, I think that if we can launch low-end and cheap smartphones, there may be a big market in India, because there are so many poor people!

Of course, our country is not rich. If there are low-end and mid-end smartphones, there must be a big market. "

Xia Jingxing nodded lightly. They also analyzed the reasons for their setbacks in the Three Kingdoms market, which was roughly the same as what Ren Zhengfei described.

However, Ren Zhengfei can see the potential of the mid-to-low-end smartphone market, and his vision can be described as long-term.

"Fuxing Mobile will not launch mid-to-low-end products. Our strategy is to seize the high-end market and stay at the leading international level in terms of technology."

After a little thought, Ren Zhengfei understood Xia Jingxing's strategy, to eat the most lucrative piece of cake, and then use the high profit to support research and development, so as not to lose touch with the world's leading technology.

"Mr. Xia, with all due respect, your strategy is very risky. It is equivalent to dragging Fuxing Mobile into a costly arms race. You can't let it go."

Ren Zhengfei spread his hands, "Because as soon as you relax and your technology falls behind, the product pricing strategy will fail, which may cause a serious chain reaction."

Xia Jingxing smiled, Lao Ren said it more politely, and he didn't mention the serial collapse as a way of saving face.

"We don't leave a way out for ourselves, because once people get used to making easy money, they are easily addicted, and companies with conscience can't get rid of this bad habit now."

Ren Zhengfei smiled, although he felt that Xia Jingxing's constant dragging of conscience company out to flog corpses was not gracious enough, but the truth was absolutely right.

Back then, Huawei and Conscience Company entered the program-controlled switchboard market at about the same time, and Conscience Company was even a little ahead in technology, and at the same time it was backed by the government and enterprise market, so its advantages were not insignificant.

However, more than ten years have passed, and Huawei's branches have opened all over the world. This year's revenue is expected to reach 16 billion US dollars, of which overseas business accounts for 72%. Conscience company is still selling assembled computers, and its overseas business continues to lose blood. , and even need domestic business profits to subsidize.

The different fates of the two companies have actually been determined as early as more than ten years ago when they chose their routes.

Ren Zhengfei didn't want to comment on conscientious companies, so he deliberately ignored Xia Jingxing's remarks and changed the subject to Fuxing Semiconductor.

Xia Jingxing didn't make too many reservations, telling the other party that the Modu factory will officially start production next year.

Ren Zhengfei nodded and said, "A good thing! The birth of Fuxing Semiconductor means that our country's chip manufacturing strength has been strengthened again."

Xia Jingxing said with a smile: "We are still relatively small, and should be regarded as the weakest foundry in the country."

Ren Zhengfei waved his hand and said, "Weakness now does not mean weakness in the future. I believe Mr. Xia's entry into semiconductors is not a whim, and he must do a lot."

Xia Jingxing laughed and said, "Take your time, there is only one and there are two."

Ren Zhengfei heard the implication and guessed that Fuxing Semiconductor might make big moves next.

But he didn't ask too much, knowing that this is a good thing for Huawei and the entire Chinese technology community is enough.

"Speaking of chips, Huawei has a HiSilicon department, formerly known as the ASIC Design Center, which was established in 1991. At that time, Huawei had just ended its agency and started to embark on the road of independent research and development. I got into this project as soon as my brain became hot..."

Ren Zhengfei introduced: "In 2004, we took out this department separately and established HiSilicon, with independent accounting and independent sales.

When it was first established, I set two goals for HiSilicon: to recruit 2,000 people, and to achieve export sales of 4 billion yuan within three years. The former will be completed soon, but the latter is far away.

I'm not afraid of your joke, Mr. Xia, our sales revenue in the past three years has been almost zero. "

When it comes to this, Ren Zhengfei's smile is a bit bitter, how bitter it is, only companies that have engaged in independent research and development can know.

Xia Jingxing nodded, listening very seriously.

Fuxing Industrial Group has not yet entered the deep water area of ​​research and development, but he can understand Ren Zhengfei, because it will not be long before they will enter this stage where they are constantly burning money for research and development, but they continue to fail and make no money at all.

At that time, not only money will be lost, but people's fighting spirit and confidence will also be lost.

Seeing that Xia Jingxing was listening seriously, Ren Zhengfei introduced a few more words.

"Hisilicon's first decision was to manufacture SIM card chips. When the project was first established, a chip was sold for a few dollars in the market. By the time we made it, the price had dropped to a few yuan. This is the first chip we stepped on. a pit.

Later, we successively developed products such as video surveillance chips and set-top box chips.

However, it is very difficult to obtain the first large customer of the chip. From zero to one, this step has been delayed.

Just when I was beginning to waver, Dahua offered us an olive branch. Some time ago, it signed a contract with us for 200,000 H.2**** encoding chips. "

"Congratulations! It means that Haisi has finally taken a crucial step, and a broad road is ahead."

Ren Zhengfei said with a smile: "It's hard to say, but it's a good start. There are not many orders, but they are enough to inspire people!"

Xia Jingxing nodded and said, "There are not many companies in China that can devote themselves to technology research and development like yours. If every big company does this, then the life of the big guys will be much easier, and there is no need to worry about someone flipping the table one day."

Ren Zhengfei glanced at Xia Jingxing, pondered for a moment, and asked, "President Xia is also worried about changes in the international situation?"

"Imperialism will never die! Although the current slogan is the global division of labor, there is a premise that you must do the dirtiest and most tiring work. If you want to be promoted to a workshop director someday, others will have opinions on you. If one day you want to be the director of the factory...it's against you."

Ren Zhengfei smiled and applauded, "Although President Xia is young, his views on the international situation and industrial division of labor can be described as sharp. I also have similar concerns, so I have always insisted on the road of independent research and development."

Xia Jingxing said with a smile: "It's a coincidence, isn't it? It's rare that everyone has a common understanding, so we should cooperate more."

The smile on Ren Zhengfei's face became brighter, "Mr. Xia, you are right, we should cooperate more."

"Fuxing Industrial Group owns home appliances, mobile phones, drones, and plans to own cars in the future, all of which are major chip producers.

At present, Fuxing Industrial Group is focusing on chip manufacturing. After the chip is designed, there is no matching manufacturing technology, and it is difficult for a smart woman to cook without rice. "

Ren Zhengfei nodded heavily, "Yes, if it weren't for the fact that Huawei's battle line is too long, I would like to join the field of chip manufacturing."

Xia Jingxing smiled, and continued: "Chip manufacturing is just one link in the entire semiconductor industry chain, chip design, packaging and testing, EDA software needed to design chips, equipment and materials needed to manufacture chips...

Each of these subdivided industries counts as one, and all of them are in a backward stage in China. "

Ren Zhengfei sighed, "I'm trying to catch up, but there are too many lessons to make up."

"Then speed it up a little bit more! I plan to initiate the establishment of an integrated circuit industry investment fund with a scale of 100 billion yuan next year, and invest in all the upstream and downstream industrial chains of the chip industry!"

Hearing Xia Jingxing's categorical words and the astonishing figure of 100 billion, Ren Zhengfei was very surprised.

Meng Wanyu was even more astonished than her father, her mouth was wide open. She was in charge of finances and knew what a terrifying number it was.

It is not comparable to data such as revenue and net profit.

Even if it is a company with a net profit of 100 billion, it is impossible to use 100 billion for investment. It is necessary to leave some cash flow for the company!

Take 100 billion for investment, what is the concept?

At present, no company in China can do it. Only the state apparatus can spend so much money to invest, but they are all investing in some big projects. For example, the investment in next year’s Olympic Games will be as high as 300 billion, but more than 280 billion will be invested in cities. Infrastructure is built.

Looking at the surprised expressions of the father and daughter opposite, Xia Jingxing hesitated, should he tell them that there are actually two 100 billion funds, and the other is a US dollar fund, which will be put outside to try to acquire technology and companies.

"That... Mr. Ren, don't think I'm exaggerating. Although I'm worth 100 billion yuan, I can't actually spend 100 billion yuan in cash. It's purely a random calculation by that Hurun guy."

Xia Jingxing said with a smile: "However, Vision Capital is quite well-known on Wall Street and in the United States. We will raise funds from outsiders, and then invest them in China to support socialist construction."

Ren Zhengfei was amused, and felt that Xia Jingxing hadn't told him the truth, how could foreigners' money be so easy to "cheat"?

But this should be the other party's secret, so it's not easy to inquire about it, so let's treat it as true for the time being!

Xia Jingxing continued: "The chip industry chain is very complicated, even if there is enough funds, a company cannot complete this magnificent undertaking.

My idea is "self-operation + cooperation + investment", to do core industries and complex industries by ourselves, and then to find powerful partners, and at the same time invest and support some enterprises to do packaging and testing, EDA software, photoresist and other industries links.

Once the worst thing happens, the industry will not be directly paralyzed, even if the lithography machine still cannot be manufactured, but we can grasp a few more key links in the industrial chain and have some say in the negotiation. "

Ren Zhengfei said seriously: "This is something that benefits the country, the people, and our partners. Huawei has no reason not to support it. Mr. Xia, please tell me, what exactly do you want to do?"

"Fuxing Semiconductor is doing chip foundry, HiSilicon is doing chip design, and industry funds invest in upstream and downstream industrial chains."

Ren Zhengfei nodded, "I agree!"

Xia Jingxing raised his hand and smiled, "Mr. Ren, I haven't finished my sentence yet, so don't rush to agree.

Industry funds may invest in some chip design companies, and the product direction of these companies may form a certain competitive relationship with HiSilicon.

In a healthy market, it is impossible for one company to occupy all the market share. "

Ren Zhengfei looked at Xia Jingxing with a smile. He probably understood what the other party meant. Didn't he just let HiSilicon compete with other companies for orders? Those who can go up, and those who are mediocre go down.

When there are foreign enemies, everyone's guns are unanimous;

When there is no war, internal competition still needs to be maintained, returning to the essence of business.

"Okay, I understand, HiSilicon is confident to compete with outstanding peers."

Xia Jingxing said with a smile: "Fuxing Industrial's home appliances still use chips from other companies. The manufacturing technology of home appliance chips is not high. HiSilicon can use it to practice and expand a revenue market. The foundry orders can be handed over to Fuxing Semiconductor to complete. , we also use it to practice hands.

Fuxing Semiconductor and HiSilicon have grown together. If the cooperation goes well, they can also cooperate in multiple chip segments such as mobile phones and automotive chips. "

Ren Zhengfei immediately understood that this kid wanted to support HiSilicon, which is also a Chinese company, and improve the security of its own supply chain.

But on the other hand, because of the existence of Fuxing Industrial Group, it also improves the security of Huawei's supply chain.

But the premise is that the two companies do not break up.

At present, the two companies are in different fields, and most of their businesses do not overlap. Only one mobile phone business is in competition.

However, at this time, Huawei mobile phones are all customized phones for operators, which will hardly have any impact on ZTE mobile phones.

Even if one day they really compete in the mobile phone market, the relationship will not be so rigid that they will never communicate with each other. When facing threats from foreign enemies, they can still join hands to overcome difficulties.

The more Ren Zhengfei thinks about it, the more he feels that this matter has something to do with it, and it is in Huawei's long-term interests.

At the same time, Huawei can also free up its hands and concentrate on developing the field of chip design, making it refined and cutting-edge.

After chatting for a while, Xia Jingxing and Ren Zhengfei reached a number of cooperations.

Of course, this is only a verbal agreement, and the specific cooperation plan needs to be negotiated in more detail by the teams of both parties.

On the other hand, the exchanges between executives of Fuxing Industry and Overseas Holdings and Huawei executives have also come to an end.

Lin Bing, Zhang Yong and others were amazed by the difficult start-up process and several important turning points of Huawei's executives.

In addition, Huawei's overseas business development methods, methods, and summary of gains and losses not only opened the eyes of the executives of Fuxing Industry and Overseas Holdings, but also felt that they benefited a lot.

The ones who touched me the most were the executives of Fuxing Industrial Group.

At present, the layout of the global market is in full swing, and Fuxing Mobile has encountered some minor setbacks in Japan, South Korea and India, which made some executives feel a little disappointed and annoyed.

However, when they saw how hard it was for Huawei people to open up overseas markets, they immediately felt a little ashamed. Their company has already made a bad start, and it would be unreasonable to complain about this.

Have to reflect! Find out the reason and fight the Three Kingdoms market again.

evening.

Ren Zhengfei hosted a banquet at his villa, hosting Xia Jingxing and executives from Fuxing Industry and Overseas Holdings.

In the middle of the dinner, Ren Zhengfei also called out his youngest daughter, Yao Nana, and gave everyone a song and dance performance.

The 10-year-old girl showed no stage fright at all. First she played a piece of piano music, and then danced a ballet, which won applause from the audience.

Xia Jingxing sighed in his heart while applauding, it's a pity that he was a little older, otherwise he could have arranged a baby kiss for Xia Zerui, so that the cooperative relationship between Huawei and Fuxing Industrial Group would be more stable.

Seeing Yao Nana who finished dancing, bowed to everyone, and then ran to Ren Zhengfei's side, Xia Jingxing smiled and praised: "Mr. Ren, you are so lucky! The eldest daughter is your right-hand man, and the younger daughter is smart and capable You are good at singing and dancing, you are a winner in life.”

Ren Zhengfei burst into laughter from ear to ear, he was old enough to have a son, and he only had this youngest daughter at the age of 54, and he loves him the most on weekdays.

As if he suddenly remembered something, he raised his head and glanced at the young Xia Jingxing, sighing inwardly, the eldest daughter is a bit older, and the younger daughter is a bit younger, it seems that they can only be brothers in this life, there is no way to take advantage of it.