Reinventing the Millennium.

Chapter 371 Making Money (Two in One)

"Boss Fang, do you have any experience from this trip?"

On the way back from SMIC, Su Wei asked Fang Zhuo.

Fang Zhuo felt a little regretful: "The dispersion of shares is a hidden danger, but it is difficult to do better than him in Zhang Rujing's position."

"He founded Shida Semiconductor in Baodao and served as the general manager, but the major shareholder is not him. Later, the major shareholder sold it to TSMC for US$50 billion without his consent."

"Now back to the mainland to establish SMIC, it is still raising funds, but he still does not have much equity. Once encountering external factors, history is likely to repeat itself."

"Equity, equity, don't be careless."

Fang Zhuo shook his head slightly.

But there is no way to do this. Even though Zhang Rujing has achieved wealth freedom long ago, his personal wealth cannot support too many shares, so he must introduce different investment institutions.

Zhang Rujing has done the best he can do.

At this time, Fang Zhuo suddenly saw Liang Mu, the co-pilot, writing something with a pen, and hurriedly said, "Hey, Mr. Liang, don't forget this, if you want to write today, just write it." A bright future for domestic semiconductors'."

Liang Mu is a person who insists on himself, but he also knows how to be flexible. He said, "Okay, okay, then, Mr. Fang, will you invest in SMIC?"

"SMIC's plate is already too big. There are more than ten shareholders, and the largest shareholding is no more than ten percent." Fang Zhuo shook his head, "It is difficult to control through capital means."

Liang Mu:?
It is asking whether you vote or not, not whether you control or not!
Fang Zhuo continued to talk freely: "This is not like Sina. Many of its shareholders are foreign capital, and it is difficult to pull them into the same trench. Zhang Rujing, the founder, can suppress it, but it is difficult to suppress it with capital alone."

"That's why I don't vote." Su Wei concluded.

Fang Zhuo confirmed: "I won't vote, at least not now."

Su Wei asked another key question: "Zhang Rujing is a world-renowned figure in the semiconductor industry. There are so many people following him. This SMIC still costs so much money. Are you still interested in this semiconductor?"

Fang Zhuo sighed: "Zhang Rujing told me, if you don't do it, I don't do it, he doesn't do it, then who will do it?"

Su Wei frowned slightly: "He has already done it."

"It's just that he did it, I don't worry about it." Fang Zhuo replied.

Su Wei is happy, a person who doesn't understand semiconductors can't trust the big boss of semiconductors, is that the case?
"Mr. Su, please find a headhunter to help me check the resume of Qiu Ciyun, the vice president of SMIC." Fang Zhuo asked one thing.

Su Wei was surprised: "Why?"

"He kind of encouraged me, not at the spiritual level, but at the practical level." Fang Zhuo narrowed his eyes, which is a bit out of the ordinary for a vice president, after all, his boss wants him to able to invest.

The contact on this occasion may be because I think too much, but if I think about it carefully, it may also be a hidden statement or temptation.

Even if Qiu Ciyun had an idea in his heart, he would definitely not be able to say it bluntly. On his side, he just had the idea of ​​entering semiconductors, and on his side, he was still working as a senior executive at SMIC.

But this does not prevent the two sides from touching each other a little bit.

Don't be afraid of ten thousand, just in case, what if you hook up?
The question Zhang Rujing asked himself in the office was right. If you want to engage in semiconductors and fabs, you need someone.

What to do when no one is there?
Then... relying on mountains to eat mountains, relying on water to eat water, my house and SMIC are so close, it would be a pity not to contact and chat.

Su Wei hesitated and said: "We just visited Zhang Rujing here, isn't this a bit... a bit disrespectful?"

"Respect is respect, poaching is poaching, these are two different things." Fang Zhuo said naturally, "If you insist on getting mixed up, then we also poach people with respect."

Su Wei didn't know whether to laugh or cry, and said: "You should block Zhang Rujing's phone as soon as possible, otherwise you will be scolded."

Fang Zhuo had to teach some life principles, and said seriously: "If this vice president really has a different plan for the future than Zhang Rujing, then he will not be able to exert 100% of his energy if he stays in SMIC."

"From that perspective, putting the right person in the right position is beneficial to both parties."

Su Wei immediately said to Liang Mu in front of her, "Did Mr. Liang hear what Mr. Fang said? He only said eight words just now. A boss must have a thick skin."

Liang Mu replied flatteringly: "Remember, um, a successful leader must be informal."

Fang Zhuo ignored Su Wei's joke and only glanced at Vice President Su, silently conveying his will.

Su Wei glanced back, although she didn't say yes, she would continue to carry out this matter.

Fang Zhuo did not continue to chat with SMIC on the way back.

Regarding the consideration of semiconductor talents, he has a preliminary draft.

Qiu Ciyun is the current executive of SMIC, and he wants to be contacted. Just because he accompanied Zhang Rujing to receive him, he knew that he was very recognized.

In addition, he also knew a semiconductor technology boss named Liang Mengsong.

At the beginning, I knew this man or heard his title of "rebel general". I was interested to know about it. First, he came out of TSMC, joined the competitor Samsung, and then joined SMIC as CEO, which played a key role in the development of SMIC's semiconductors. sexual impetus.

Therefore, in order to develop, we must not only recruit the current people of SMIC, but also the future people of SMIC.

However, if you want to persuade and get in touch with this kind of executive and boss-level talents, obviously you can't just talk about it verbally, at least you need a framework to really attract them.

This trip to SMIC was really rewarding.

Zhang Rujing is right to emphasize the importance of talents, and he just knows who the talents are, and more importantly, he also knows that the talents are not stubbornly following TSMC.

Fang Zhuo had a lot of thoughts in his mind due to the communication with Zhang Rujing, and he needed to sort them out. However, there was one important thing that was already in front of him.

In order to raise funds, Zhang Rujing had to let SMIC fall into a situation where the equity was very dispersed.

One of Fang Zhuo's advantages is that he has a certain amount of funds in his hand, and he can completely bind himself to the company from the perspective of equity law. However, since the fab is too expensive, it is impossible to do it by himself. Introduce funds from other parties.

This is something to think about.

In the evening, Fang Zhuo returned home and carefully calculated the funds that could be used. The funds currently held in his hands that would not affect the normal operation of the company were mainly divided into two.

One is the stocks of NetEase and Sohu. During the profit settlement with the Li family earlier, MIGA Fund sold some of the stocks and successfully lowered its holdings below the listing line. The name of PL Fund continued to buy some stocks.

The two funds together hold 9% of the shares of Netease and 6% of Sohu, and the cash they can get from selling them now is almost 1.8 million US dollars.

The other one is that the oil futures that were operated because of the US-Iraq war have gained a lot of water. The fund's operation is relatively conservative and does not dare to leverage too much. Although the price of crude oil futures has a 60% increase within the range, the fund The money obtained with leverage is only about 3000 million US dollars.

This money is now safely invested in U.S. oil stocks, as well as floating profits.

The combined cash of the two is more than 2.1 million US dollars.

If you really want to build a fab, set a small goal of 10 billion US dollars initially, and 2.1 million US dollars is still far away.

Fang Zhuo can forcibly deliver the projects of the two funds, and he can still raise a lot of money, but that is killing chickens to get eggs, so it is better to continue to speculate in subprime real estate debt in the United States.

Now, MIGA Fund and PL Fund have become well-known in the circle of rich Chinese in the United States, and they are also well-known in New York. The profits successfully obtained after the investment of the Li family in New York’s Chinatown are like benchmarks, attracting the attention and attempts of many people.

At present, the threshold for MIGA funds is relatively high, requiring not only introductions from existing clients, but also capital requirements, while PL funds are basically aimed at the middle class and help some groups who have no financial concept to establish a new era of financial management.

The latter was introduced by the Anliang Chamber of Commerce, and it is now popular not only in New York, but also in Chinatowns in other major cities in the United States.

Fang Zhuo calculated carefully, using his status as the head of Sina to measure his competitors, he felt that the stocks in his hands still had potential for growth. Sohu might be close, and NetEase's "Journey to the West 2" did not fully demonstrate its energy.

In other words, if the money in this area is delayed, it will be a fund of (> 2.1) million US dollars.

As far as other valuable assets are concerned, Fang Zhuo still holds shares in Sina, which is the most intuitive part that can be realized. As long as he sells it, the money will be almost enough.

But Sina is another long-term business. With it as the cornerstone, Fang Zhuo is confident to push the market value to a height of several floors.

Furthermore, Yike, once Yike can be successfully listed, the large amount of shares in Fang Zhuo's hands will have the value of capital operation, and it can be directly exchanged for cash after the sales restriction period passes.

Finally, Yongke Real Estate, which started the Dongwukuai project with bank loans, is also a potential stock with the potential to spend a large amount of money.

Fang Zhuo didn't want to touch real estate at first, he just wanted to do Lao Qiu and Brother Zheng a favor, but now that he thinks about it, he can earn money for anyone, so he might as well earn it himself, which is considered supporting the domestic high-tech industry anyway.

needs time.

Talent is needed.

Need support.

Need money.

Fang Zhuo thought that becoming the richest man in Shanghai no longer had to worry about money, but he still had to think about it today.

After such a night of careful planning, Fang Zhuo made a few more phone calls from venture capitalists to contact him, and Fang Zhuo refocused on Yike's work the next day.

However, only in the afternoon, the enthusiastic phone call from District Chief Lanhua came in.

"Mr. Fang, Mr. Fang." Judy even started the phone call more gently than usual. He smiled, "I heard that you are interested in SMIC? Good thing, very good thing, why didn't you tell me such a good thing."

Fang Zhuo replied after being slightly surprised: "Chief Qiu, who did you listen to? It's a matter of disappearing."

"The district inspected Zhangjiang this morning, and I happened to hear Mr. Zhang chatting. Mr. Fang, I can only say that you are worthy of being the richest man in Shanghai. You can tell at a glance that SMIC is a good business." Judy remained enthusiastic, " Let me tell you, SMIC is going to go public next year, and it is now doing the last fundraising before going public. If you come in at this time, you will make a lot of money next year. Did Mr. Zhang tell you yesterday that he is confident that China Will the core be profitable next year?"

"I've said it." Fang Zhuo felt that it was time to interrupt Lao Qiu, "Major Qiu, you may not have heard what I just said, and this matter is gone. I'm just going to have a look. The investment matter is still far away."

Judy immediately persuaded: "Whether it is far or not depends on whether the project is good or not. We have a lot of support for SMIC, and many leaders are concerned about its development."

He emphasized: "It's a lot of leaders. Mr. Fang, I can't figure out why you would give up this kind of investment opportunity."

Fang Zhuo said "hmm" twice, intending to be perfunctory.

However, Judy immediately sensed this perfunctory feeling, and asked directly: "Mr. Fang, are you going to vote or not? If there is any problem, I can help coordinate and solve it."

Fang Zhuo had no choice but to tell the truth: "The biggest problem is that I may become a competitor of SMIC, and I may find someone to build a fab."

Judy: "..."

He never expected it to be this answer, and he was stunned for a while before asking: "You, are you serious?"

"It's not too serious, it depends on the situation." Fang Zhuo evaluated in his heart for two seconds, "If I can get the first money to build a factory, then I will do it."

"The production line is very expensive..." Judy couldn't hide her shock in her words. "Don't you just build a factory? I think SMIC can't wait to build a new production line every month to expand the scale."

"Well, the semiconductor industry has a counter-cyclical operation." Fang Zhuo commented first, and then said, "The future factories will wait for me to make money in the future. I should make money quite quickly."

Judy digested in silence for a while.

After a while, another if was connected and asked: "What if you can't get the first payment?"

"Then wait for the time and do it when I have money." Fang Zhuo replied seriously.

"Haven't you thought about investing in SMIC? Not at all?" Judy said.

"There should be no such idea for a while, but who can tell in the future." Fang Zhuo has investment money in his hand, but now he must observe the next situation of SMIC.

If you can use capital to pull it up, you can naturally enter the game.

If you are weak or unable to save the situation, there is nothing you can do about it.

"Mr. Fang, you, you..." Judy's phone call today was in the mood for the benefit of SMIC, the government, and Fang Zhuo. She really didn't expect to hear Fang Zhuo's statement, "Mr. Fang, Don’t you underestimate the semiconductor industry? It’s not enough to have money alone, and money is not a small amount of money. You have to have people, machines, and policies. It’s really not a good choice for you to enter rashly!”

Judy stated her reasons, helped analyze the pros and cons, and explained in detail the SMIC information she had learned.

In his view, SMIC is indeed a very high-quality project, on the eve of listing and full profitability. Moreover, SMIC's shareholder organizations have a positive attitude towards this fundraising.

"Mr. Fang, at this juncture, it's really not suitable for you to enter this industry by yourself." Judy concluded bitterly.

Fang Zhuo sighed: "Chief Qiu, I have my own considerations about whether to invest in a project, so let's do it."

Judy was a little depressed. The government would like to see more of SMIC's shareholders: "Mr. Fang, you are wasting a good opportunity!"

Fang Zhuo smiled and said: "Chief Qiu, you are teaching me how to do things, how to invest in a project for the richest man in Shanghai. When I have a chance, I will tell you about my logic."

Judy ended the call with regret, Fang's richest man must have been stimulated by Hanxin...

(End of this chapter)