Reinventing the Millennium

Qiu Ciyun, SMIC’s senior vice president of operations, is a semiconductor tycoon.

Fang Zhuo benefited a lot from the meeting with him.

Qiu Ciyun personally participated in the establishment, construction, and development of SMIC. He is familiar with the operation of a wafer factory and is also familiar with the procurement of overseas equipment. In particular, a large part of his current job is to preside over SMIC's 12-inch advanced production line.

It can be said that recruiting this person will allow the project to move forward in an orderly manner.

And all Fang Zhuo needs to do is provide funds.

This is also a worrying thing.

According to Qiu Ciyun's estimation, SMIC has not made a profit in three years since its establishment and has already burned 15 billion. The private fundraising target this time is 5 billion, and the public fundraising target for the listing is about 20 billion.

This is because SMIC has not invested too much in R\u0026D expenses. Most of the current research and development expenses are based on the road that has been traveled before, so that SMIC can achieve its current scale.

150+50+200=40 billion Chinese coins, which is about 5 billion US dollars.

Such a sum of money guarantees SMIC's development plan from scratch to the present and for the future, and does not include the research and development expenses of challenging TSMC.

Even if it was Fang Zhuo, he also took a breath when listening to Qiu Ciyun talking about this.

This, this, if you do it like this...oh, that's okay.

Although I don’t have that much money now, I will have it in the future.

If that doesn't work, Fang Zhuo has a good way to sell Yike directly to Apple, then use the money to buy all Apple stocks, and then wait a few years to have money to engage in semiconductors.

"Mr. Qiu, don't worry, I will take care of money matters, and the more you go on, the richer you will be. I'm not good at anything else, but I can make money." This was what Fang Zhuo told Qiu Ciyun at that time.

He found that the vice president was watching his reaction after talking about the funds, so he gave a confident response without hesitation.

Qiu Ciyun didn't say anything at the time. When the meeting between the two was over, he made a small comment with emotion: "Whether we cooperate with Mr. Fang or not in the future, it must be that Chinese people who can make money like Mr. Fang are willing to invest in semiconductors. A blessing to the industry.”

Fang Zhuo is not modest. This is something that requires money. It would be difficult for anyone else to have such confidence, and 80% of those who have confidence are not interested in semiconductors.

Real estate is so exciting.

Fang Zhuo was worried and envious of the assets of a certain Asia's richest man when he returned home at night.

As soon as he arrived home, he was treated badly by his parents.

"Am I your mother?"

"Am I your biological father?"

Parents Fang Tong and Zhao Shumei were sitting on the sofa waiting for the big boy to come home and seriously asked two prerequisite questions.

"Yes, yes." Fang Zhuo wondered, "What's wrong with you?"

"Then, why would you rather go to another house to invite someone to tea in the afternoon than come to the 'tea party' held by your biological parents? Are you, the richest man in Shanghai, afraid of being ripped off by your parents?" Zhao Shumei asked angrily .

Fang Zhuo: "..."

He asked in astonishment: "How do you know? Uh, I mean, I talk to people about business, and I just pick a place."

Zhao Shumei gritted her teeth and said: "I was counting the passenger flow of my colleagues nearby, and I watched my biological son take people to other homes!"

Fang Zhuo smiled and said, "I don't necessarily just drink tea. There are also meals in the place I go in the afternoon."

"Then have you eaten?" Father Fang Tong asked.

Fang Zhuo replied calmly: "No, I just drank tea."

Zhao Shumei: "..."

Fang Tong: "..."

"Tea Matters" has been opened. As a re-employment project for laid-off middle-aged and elderly people who have invested their efforts in decoration and design, a lot of effort has been put into it.

Today, this hard work was ignored by his own son!

That night, Fang Zhuo's family staged a "Goodbye, son, I'm going to sail away tonight" coercion of his parents running away from home, and finally made the richest man in Shanghai agree to take care of his own business in the future.

Such a scene diluted some of Fang Zhuo's worries about funds.

Anyway, things other than health and family are earned. Even if all the semiconductor money is gone, you can still buy Bitcoin in the future. There are many ways to satisfy the pursuit of personal wealth.

After a trip to SMIC and an interview with a big boss, Fang Zhuo basically made up his mind to engage in semiconductors.

Although Qiu Ciyun still hasn't stated outright that he will resign from SMIC, but looking at the meaning behind his words, he can agree with almost the same amount of money, the same land, and the same policies.

On June 28, Fang Zhuo arrived at Hang Lung 23 normally and began to formally consider forming a preliminary project team and raising funding sources.

At 10:30 in the morning, Vice President Su Wei brought documents to the office and asked about yesterday's meeting.

"Teacher Xiao Su, I'm going to build a wafer factory." Fang Zhuo solemnly informed.

Su Wei nodded calmly: "Oh."

"Huh? Why aren't you surprised at all?" Fang Zhuo asked.

"Weren't you obsessed with ghosts from the beginning? What's so surprising? Did you think you were going to build a fab today?" Su Wei curled her lips, "I've been thinking about this thing carefully in the past few days. It fits your logic and does the hard but right thing."

She continued: "The registration network is like this, Yike is like this, and the wafer fab is like this."

Fang Zhuoheran: "It's just a bit short of money. This is a difficult task. We have to find ways to raise it and have foreign capital. Although there is a precedent like SMIC, the procurement of equipment still needs to avoid risks."

"MMIGA funds and PL funds, can't you use them?" Su Wei said, "They are also legally foreign institutions."

"It's okay to be among them, but there must be other well-known institutions. I heard Qiu Ciyun say that although SMIC's equipment is difficult to buy, it is indeed first-class in the world. The most important thing is the people." Fang Zhuo shook his head.

Su Wei agreed: "Yes, industry talents, SMIC can succeed because there are so many engineers following Zhang Rujing, you can't just point at the people who dug SMIC."

"Well, you really can't just think about poaching SMIC. Yesterday Qiu Ciyun and I talked about this. SMIC is now known as the world's fourth-generation factory. There is a Singapore company ranked third in the front. That company has been losing money for almost a year. ." Fang Zhuo said categorically, "We also want to dig out foreigners!"

Su Wei: "..."

"How to develop semiconductors? We must learn from South Korea's Samsung's spirit of poaching Japanese talents with high salaries." Fang Zhuo said, "We have to poach people from Singapore, people from Samsung, people from TSMC, people from Toshiba, and also Someone who wants to dig out the core.”

Su Wei: "..."

"We should first find a place to build a factory. When SMIC was founded, we came to Shanghai, and Shanghai also invested money. We have to do the same. When we find the land, we also find part of the money." Fang Zhuoyue said more energetically, "There are With the support of the local government, I will look for people to invest in this project."

Su Wei took a long breath and commented slowly: "As expected of you."

Fang Zhuo hasn't finished speaking yet: "I'll contact Qiu Ciyun in two days to see which institutions SMIC is targeting for this round of fundraising. Anyway, they are willing to invest in semiconductors. Let's see if they can also provide them." Let’s throw some in.”

Su Wei thought silently, it's normal to do it for money...

Various ideas jumped out of Fang Zhuo's mind because of the information he had recently obtained.

Vice President Su had the opportunity to listen for a while and felt that even with the boss's face, he should be able to get things done successfully.

No, it’s not the face, it’s the heart.

After all, it is impossible to be willing to support the development of the semiconductor industry with real money without having a big heart.

"Mr. Fang, do you think our products can use our own chips?" Su Wei's thoughts started to diverge and she asked a question.

"Yes." Fang Zhuo said firmly.

Su Wei quietly looked at the young richest man in Shanghai in front of her: "So confident?"

Fang Zhuo replied: "Well, after all, I am good at reading comprehension."

Su Wei didn't understand, but it didn't stop her from feeling the boss's strong confidence.

Just like his confidence in the development of the Internet, his confidence in music players, and his firm confidence in domestic economic development.

…

Fang Zhuo moved quickly.

Because he feels that this is a protracted battle, the sooner it starts, the better. The more exposed it is to the problem, the more time it will take to think of solutions.

Yike mobilized people internally to form a business negotiation team, and then invited the two school teachers recommended by the product director Xu Keden last time to serve as consultants, and then contacted SMIC Qiu Ciyun, and asked this big boss to also recommend the industry leaders. Friends join the team.

Firstly, the person recommended by Qiu Ciyun is reliable, and secondly, this is to let Qiu Ciyun know that he is serious about this.

In this way, a negotiation team to promote project site selection was quickly formed, and contacts with target cities began to be considered.

According to Qiu Ciyun, Fang Zhuo initially selected the seven cities that SMIC was originally considering: Beijing, Tianjin, Shenzhou, Peng, Xiangjiang, Wuhan, and Chengdu. The next step was to do the elimination process.

Although both Fang Zhuo and Qiu Ciyun felt that Shencheng would not give the same policy as SMIC, they still called the head of Lanhua District to inquire about the district's policy.

"Mr. Fang, you..." Qiu Di didn't expect that after not contacting him for a few days, this guy would actually start to seek policy support, "This... are you really going to build a semiconductor factory? Isn't the span a bit big?"

"Fortunately, our Yike products themselves require chips." Fang Zhuo mentioned this and asked, "District Chief Qiu, what kind of policies can the district provide? I don't want more, so I can work with SMIC Just stay even.”

Jiu Di was silent for a while and said honestly: "Mr. Fang, don't worry, I will help you fight for it. I have to discuss this matter with Lao Zheng and work hard at the city level. Zhangjiang is not something that our district can decide. "

Then, he said: "It's just..."

Fang Zhuo said understandingly: "It's just that there's not much hope, right?"

"Mr. Fang, I will definitely try my best to help you fight for it. You don't have to doubt this. However, SMIC's current momentum is very good. If you start a similar project now, it will be difficult for you to get preferential policies." Qiu Di hesitated and said, "So , I also advised you to invest in the core before."

"District Chief Qiu, I understand. You ask me first. If there is any news, I will also ask Mayor Zheng. Of course I still want to develop in Shencheng." Fang Zhuo said.

Judy hung up the phone and immediately went to ask for policy support.

Fang Zhuo first crossed out the wrong answer "Shencheng".

When SMIC was founded, its two shareholders were SI Investment and Zhangjiang Hi-Tech, both of which were financially supported by Shanghai. At the same time, SMIC had the choice of the prime location in Zhangjiang, and it was almost rent-free. In terms of taxes, the company was exempted from taxation for the first five years. Tax-free and halved for the next five years.

However, Shanghai City really has no reason to support another competitor of SMIC when it is already established. This does not seem to be a reasonable allocation of resources.

Moreover, Dr. Zhang Rujing is an industry leader, so this deck of cards seems more worthy of investment.

Fang Zhuo could understand Shen Cheng's tendency, and he only wanted to inform him because of his relationship with Lao Qiu and Brother Zheng, so as to avoid any suspicion afterwards.

You cannot contact the cities later on this list by calling them like this.

I can find people in Beijing, but SMIC has a plan to build a production line in Beijing, which is also a 12-inch latest technology project. Other companies in Tianjin, Peng, Xiangjiang, Wuhan, and Chengdu need to make formal contacts to discuss this matter.

Or, it can not be limited to SMIC’s original considerations, after all, three years have passed.

Fang Zhuo thought that Jinling and Lin'an were both good choices, and planned to include them in the team's contact range.

Anyway, when you shop around, the best conditions come out of competition.

Fang Zhuo is waiting for District Chief Qiu's reply, and also assigns the city's contact work to the team. In order to show his sincerity and respect, he will go with the team to inspect local areas to try the effect of the rich man's name.

On the last day of June, Fang Zhuo finished Yike's work meeting and began to contact some rich old friends.

"Hey, Old Xiong, ah no, Mr. Xiong, where are you? I haven't seen you for a long time. Let's discuss the listing of Yike. I heard that IDG has been doing well recently. Let's meet up and talk about it sometime. I happen to have a new project here. .”

"Hey, no, no, no, am I the kind of unreliable person? It's an upstream link on Yike products. I won't invest one million too little, and I won't invest one hundred million too much."

"No, no, no, let's meet and chat. Wherever you are, I can fly over to see you."

IDG's Xiong Xiaoge is a person with a long-term vision. Fang Zhuo believes that he can get money from him with his reputation. No matter how much, he can always get some.

"Mr. Wang, Brother Wang, I haven't seen you for a long time. The Maotai I have left here has no character. What do you mean by not going to the Three Treasures Hall for nothing? Is this what I think of you?"

"Let's have some drinks tonight. There's no one else. I just want to meet Brother Wang."

"No, I've been busy with Yike's work recently. It's not like you don't know that our Yike and Apple have fierce competition and are very busy. I happened to be free today. I looked at the wine in the cabinet and felt a little greedy. .”

"Okay, see you tonight."

Wang Fengyi of Shenxin Technology is a person who can connect with people emotionally. He respects professionals and has extremely good investment ethics.

Fang Zhuo called his rich friends, not only in venture capital, but also contacted Ding Lei from NetEase. Anyway, this guy is going to raise pigs in the future. What's the point of raising pigs? It's better to invest in semiconductors if he has money. .

People I know in China go round and round, those who have more money don’t say too much, and those who have little money don’t say too little.

Just relying on the reputation of the head of Sina, the chairman of Yike, the founder of Medical Science, the actual controller of the fund, and the current richest man in Shanghai, one or two billion Huaxia coins can be scraped together.

Mr. Fang is not only looking for money for semiconductors today, but also looking for money for his own face.

Whoever gives Mr. Fang face today will be given gold by Mr. Fang in the future!