Technology: breaking the hegemony that monopolizes the world

Kyushu Technology is increasing R\u0026D investment for the future. Companies such as Xiawei and Xiaxin, which have lived relatively well in recent years, have also started a new round of financing and R\u0026D investment.

A reporter noticed that Xiawei Investment Holdings Co., Ltd. disclosed the prospectus for the second phase of mid-term notes in 2023 on the official exchange, planning to issue 10.5 billion yuan of medium-term notes to supplement the working capital of Xiawei’s headquarters and its subsidiaries. Support the development of various businesses and the implementation of key strategies.

Judging from past financing records, since Xia Wei turned to domestic financing in 2019, the total annual bond issuance has been controlled below 10 billion yuan. In 1021, Xia Wei issued bonds twice and raised a total of 8 billion yuan. This year, Xia Wei has raised more than 15 billion Xia Yuan in total through two bond issuances.

According to Xiawei’s announcement, the term of the medium-term notes is three years, and the interest rate range is 2.7%-3.3%.

Xiawei promised that the funds raised from the issuance will be used for the production and operation activities of enterprises that comply with the laws, regulations and policy requirements of Daxia, and will not be used for long-term investment, real estate investment, financial management and various equity investments.

As of the end of the second quarter of 1023, the balance of monetary funds in Xia Wei's account was 298.9 billion yuan.

Based on this, Lianhe Credit has determined that Xiawei's long-term credit rating is AAA, and the risk of default is extremely low.

Regarding Xiawei’s large-scale bond issuance and financing this year, Mr. Ren explained that the cost of Xiawei’s bond issuance is relatively low. If employees increase their investment in the company, the cost of dividends will be too high.

"Anyway, they can issue as much debt as they want, and we have more funds."

The retired Mr. Ren also complained: "I myself only found out after the news of the bond issuance and financing came out."

Yu Chengdong was even more straightforward. He said bluntly: "We can't wait until we are in trouble to issue bonds, and the current financing interest rate is relatively low. Of course, the most important thing is that the financing channels of Western banks are not very smooth for our company. So it turned to domestic financing.”

In addition, he said quite boldly: "Currently Kyushu Technology's carbon-based chips and architecture have put a lot of pressure on our HiSilicon Kirin, and now there are only three semiconductor chip companies in the world.

The Kyushu system company with the strongest performance, Western Semiconductor with the largest conservative power, and our Xiawei HiSilicon Semiconductor, which is struggling to survive in the cracks.

The research and development investment of mobile phone chips has the characteristics that the first-level R\u0026D investment is larger than the first-level R\u0026D investment. Therefore, if we want to catch up with Kyushu Technology, we must increase investment to increase R\u0026D investment even more than Kyushu Technology.

This year, our Xiawei will invest no less than 50 billion Xiayuan in the research and development of HiSilicon Semiconductor! "

The CFO of Xiawei Company also said at the financial report meeting: "10% of Xiawei's annual revenue is fixedly invested in the R\u0026D field. investment".

After Xia Wei, Xia Xin's big move also lifted the spirits of the media and global semiconductor practitioners.

The chairman of Xiaxin Technology said after the release of the chaebol in the second quarter: "In 1023, there are still challenges and opportunities. The overall production capacity of the industry is in short supply, but the demand in some application fields has slowed down, and the shortage of production capacity has gradually turned into a structural shortage.

To this end, Xiaxin Technology has been actively carrying out industrial layout to promote the production capacity increase of carbon-based chips and high-end silicon-based chips. At the beginning of this year, Xiaxin Technology's Pudong Lingang new factory broke ground, and the two major projects of Yanjing and Pengcheng are also advancing steadily, and are expected to be officially put into production in the third quarter. "

After reading the manuscript for a while, the chairman said the serious business.

"In order to support the expansion of production, our Xiaxin Technology learned from Kyushu Technology and began to tighten our belts. In 1010, the first year of listing, Xiaxin Technology did not distribute cash dividends. In 1022, under the background of a substantial increase in operating performance, the company still adopted A profit distribution strategy that does not distribute cash bonuses.

As of the end of the second quarter of 1023, Xiaxin Technology's book currency funds were 91.5 billion yuan, the total long-term and short-term debts were 61.967 billion yuan, and the company's contract liabilities exceeded 10 billion yuan. "

After the chairman's speech, some professionals summed up the reasons why Xiaxin Technology and Xiawei Company will greatly increase their R\u0026D investment this year.

Because these technology companies that have made great progress in recent years have a lot of technology, and even the main technology system of the stage is all provided by Kyushu Technology, which means that many of the profits earned by the company will be transferred to Kyushu Technology. And he became an alternative "Kyushu Technology Branch".

If you want to get rid of this situation of being a younger brother, you can only be forced to increase R\u0026D investment and retain more profits.

Of course, not only Xiawei and Xiaxin, which are partners of Kyushu Technology, but also Meidi, Rice, Bubu Gao and other companies have also released similar documents.

And when these partner companies rolled up their sleeves with great fanfare and prepared to do a big job, Kyushu Technology's official website issued an announcement very low-key.

The title of the announcement is also very provocative. What is "Trillion Investments, Recruit Talents, Create the Future Together"?

The media reporters downloaded the appendix of this announcement after smelling it, and then sought out industry experts for various interpretations.

It's just that these experts couldn't believe their eyes after seeing the announcement and the content of the document.

Is there really a crazy company on this planet that invests 35% of its net profit in research and development and theoretical research?

"I'm sorry, I can't interpret Kyushu Science and Technology's R\u0026D investment report for you for the time being. The data on it are a bit unscientific, and I need to study it further."

This is a sensible reply.

In addition to this, there is a very straightforward one, directly saying: "Don't you know how to look at numbers? Companies like Xiawei and Xiaxin are worth hundreds of billions, and Kyushu Technology directly takes out trillions, and from time to time it is 10,000 Hundreds of millions, not trillions! Is this normal?

Now who dares to belittle Kyushu Technology at this critical moment? Even if I fulfill your wish and discredit Kyushu Technology's research and development investment, you don't worry about whether your company can survive after your report comes out?

Moreover, I think it is impossible for you to withstand the lawsuit of the Kyushu Science and Technology Legal Department. "

The domestic media organizations in Daxia shuddered when they heard the name Jiuzhou Science and Technology Legal Affairs Department.

God is sorry, what the Kyushu Science and Technology Legal Department has done over the years is enough for those legal experts to publish books and give lectures.

Normally, when you watch videos of outlaw lunatics, you can still enjoy yourself, but if you really become the protagonist in it, you won't be able to enjoy it.

However, I dare not engage in crooked ways, but some people are willing to do a positive interpretation.

Shen Yi, who was once complained as the No. 1 dog licker in Kyushu Technology, reposted the news and asked, "Trillions of trillions of investment, what project has such a great charm, so that Kyushu Technology is so ruined? "

I like to write about the combination of corporate capital, product development, industry, and the current situation, but my pen can't support all kinds of pretentiousness under the overall situation.

Learn your lessons and keep working hard.

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