Rebirth of the World’s Richest Man

"Director Jiang, Mr. Zhang, fellow managers, I have a project, and I would like to use the time of the annual meeting to make a report with you, and at the same time, to win your support.

I originally came from Lianxiang Computer, and I co-founded Lianxiang with Liu Chuanzhi. I believe some of you know this.

You may have heard why I left Lianxiang. Yes, Mr. Liu of Lianxiang and I had differences in the choice of the path for corporate development.

What I want is to take the route of trade, industry and trade, while Mr. Liu wants to take the route of trade, industry and trade.

In the past two years, various companies have been taking the route of internationalization and globalization, from the original domestic market to the current global market.

Yes, this is a general trend, especially after our country joined the WTO two years ago.

Everyone is pursuing globalization, and even our Huaqing Holding Group is pursuing globalization. For example, Yaohan Supermarket and Huahai Automobile's cross-border acquisitions are all globalization.

But what I want to say is that due to the lack of core technologies, if companies only think about expanding the market, how can they expand the market?

Rely on price war, rely on our demographic dividend, cost advantage? Yes, these things are indeed reliable, and they are indeed our advantages. Even these advantages have allowed our domestic companies to rise very quickly.

Especially in home appliance companies, this is the magic weapon of price war, but can our demographic dividend continue to support us?

I am very skeptical about this, and I even think that we cannot go very far. If we want to globalize, we still need to have our technological advantages..."

Ni Guangnan's intentions are very high. He did not talk about the fab at the beginning, but looked at the company's development strategy.

At the beginning, everyone didn't pay much attention to it, but when Ni Guangnan said this, many people here began to think deeply.

Because this is also an issue they need to consider, the lack of core technology, which has always been a shortcoming of domestic enterprises and something they lack.

"It's the same with Lianxiang Computer. We have our own technology to a certain extent, but we are still very lacking in core technology.

Especially in terms of hardware technology, the most critical and core thing is the chip. I know the chip, some people understand it, and some people don't.

In foreign countries, chips are known as the crown jewel of the high-tech industry chain. How important is this chip?

Chips are an important productivity in the contemporary technological era. Chips are like steam engines and internal combustion engines in the industrial revolution, determining the strength of the productivity of an era.

Since entering the era of science and technology, whether it is the mobile phones, computers and digital products used by people, or the data centers, high-performance computing, industrial robots used by enterprises, and even transportation, military industry and national defense fields, they are all inseparable from the support of chips.

A chip is an integrated circuit, and it is indispensable in the R\u0026D, design, and production of mobile phones, computers, and household appliances, such as refrigerators, air conditioners, induction cookers, and almost everything that requires electricity. There will be some chips.

There has never been an industry that is so important and can dominate so many industries, but chips can.

Such an important thing, if we don’t have a chip and such an important technology is given up, what will we do in the future? "

Ni Guangnan used a lot of space to let everyone understand the importance of chips.

Finally, he lightly proposed building a wafer fab in the mainland.

Everyone in the conference room was silent for a while. Everyone here knew more or less about the construction of a new wafer fab in the mainland.

But many people actually have no idea about the importance of chips. For example, Wang Meng builds houses.

He knows the importance of designers, the importance of steel and concrete, and the importance of policies.

He even knows a little bit about related engineering and construction machinery, but if you let him know the importance of chips, how is this possible?

Just because you know how to use a computer or mobile phone doesn't mean you know what's going on here.

This is normal. When the general public in later generations knew the importance of chips, it was also when they were blocked by foreign countries, and even the production of mobile phones and the like were affected. Only then did everyone realize that chips were so important. .

There is also Wang Chao. Although he is also in the home appliance industry, he is concerned about market changes, retail issues, the connection with factory prices, channels and marketing, store management structures, product exports, etc. .

Although chips are found in home appliances, no one cares about them.

There are also domestic and beverage companies, emerging feed factories, etc. They are all familiar with their own fields. They may have some understanding of things in other industries, but they are definitely not in-depth.

At this time, Ni Guangnan clearly explained the importance of chips to everyone.

Let everyone know how important this chip is to the entire industry.

At this moment, at least many industries here are related, such as Huahai Automobile and Huaqing Electrical Appliances. Even for others, mobile phones and computers are daily necessities.

They are closely related to everyone’s lives.

"Mr. Ni, please tell everyone the approximate scale and required funds." Jiang Xiaobai said.

Ni Guangnan nodded and spit out a number.

Four and a half billion dollars.

Fourty-five billion U.S. dollars, is this a lot of money?

It's not too much to say. Through the report just now, everyone knows that Huaqing Holding Group's annual profit last year definitely exceeded this figure.

But it doesn't mean that if you exceed this number, you can come up with this money. It is true that you have made so much money, but you have to spend a lot.

Business operations require investment.

Take Changxingju Real Estate Company as an example. Changxingju Real Estate Company made a lot of profits last year, but when building a house here and selling it, you also need new land.

When you see something good, you pick it up and drop it, and a piece of land cannot be developed in a year.

There are costs involved in acquiring new land, and all profits must be invested in it. It does not mean that all profits can be handed over to the group.

The same applies to other subsidiaries. Yaohan Supermarket expanded last year and opened many new stores, which all require funds.

Huaqing Electric Co., Ltd. is also focusing on the expansion of overseas markets. Globalization and nationalization require funds for publicity and stores.