The Age of Rebirth

Chapter 503 Investing
"Hello Director Liu!" Li Weidong greeted Director Liu first, then turned to Director Zeng and said, "I've seen it before because of several project approvals!"

"Acquaintances, that's even better, Xiao Liu, tell Director Li what you think, and strive for projects that can persuade Director Li to invest in you!" Director Zeng still said with a smile.

Li Weidong looked at Director Zeng and Director Liu with some doubts, and began to ponder the functions of the High-tech Industrial Technology Department in his heart, thinking about what projects he needed to invest in.

Formulate plans and policies for the development of innovative and high-tech industries, promote investment activities in emerging industries, and propose major scientific and technological infrastructure planning and layout suggestions with relevant parties.

Put forward policy recommendations for national technological and economic security and foster new kinetic energy for economic development, promote technological innovation and related high-tech industrialization, and organize major demonstration projects.

From this point of view, this institution has a certain investment power in high-tech enterprises. It is not only a leading institution, but shouldn't the investment money belong to the state? How could it find him?
Director Liu said somewhat cautiously: "Hello, Director Li, according to our understanding, Jingwei Investment is an industry controlled by you!"

Li Weidong nodded slightly when he heard it, and did not speak. This matter is not a secret in the eyes of some people. Although Director Liu's position is not high, he has great authority. It is not unusual to know these things, and what he wants to say Ken's is not this.

Director Liu saw that Li Weidong nodded and didn't speak, so he knew that he had said another useful nonsense, but this foreshadowing must be there, otherwise it would be impolite.

Then he continued: "From the information we have obtained from the industrial and commercial departments, Jingwei Investment has a soft spot for high-tech industries. In the past two years, most of the companies it has invested in are high-tech industries, microelectronics, and semiconductor industries. Not too small!"

Li Weidong nodded again, but this time he said a few words, "Jingwei Investment's investment strategy is to target high-tech industries with great development potential and high returns!"

"Such as electronic information, bioengineering and new medicine, new materials, new energy, advanced manufacturing, etc., these industries are all sunrise industries, and the investment prospects are very broad!"

"Of course, we may still have some deficiencies in policy. I also hope that Director Liu will popularize this policy for us in the future and provide valuable suggestions so that we can avoid detours!"

Director Zeng interjected: "This is easy to handle. Let Director Liu go to the company to introduce the latest policies, and also listen to the voice of the company, which will help us adjust certain policies in a timely manner!"

"I wish for it. With your guidance, our path will be much smoother. I will let them contact Director Liu in a while to see Director Liu's time!" Li Weidong hit the snake with a stick.

Director Liu also said with a smile: "Director Zeng's opinion is good. We can't build a car behind closed doors. We have to listen to the opinions of enterprises before we can formulate suitable policies!"

The matter has not been discussed yet, and this matter has been decided so happily. Li Weidong will naturally welcome this kind of matter warmly. How can he miss it if he can build a good relationship with the ministries, especially this kind of ministries and commissions.

Director Liu went on to say: "In the past few years, we have made a lot of layout in the microelectronics industry according to relevant plans. Several large projects have been launched before and after, but the effect is not obvious."

"The 908 project we carried out in the past few years, due to various reasons, the cycle was too long and the efficiency was too low. After our construction was completed, the technology had fallen behind by several generations!"

"The 909 project later learned a lesson. The speed of approval and construction is relatively fast, and the technology is relatively advanced. This year, mass production has also been achieved, and the profit is relatively high!"

"However, due to the special nature of the cooperation, the current orders are relatively single, all of which are provided by NEC, and the company is also the management company of NEC, and only produces for them, and the research and development capabilities are somewhat insufficient!"

Director Liu glanced at Director Zeng. In fact, the most fundamental reason for the failure to develop was the Wassenaar Agreement, but it was useless to say these things, and it would be suspected of complaining if it was said too much.

Director Liu briefly introduced the current situation, made some foreshadowing, and continued: "Some time ago, a leader of our planning committee Shanghai City proposed an idea!"

Li Weidong showed a curious expression. He is very interested in microelectronics, integrated circuit manufacturing, and wafer processing, but it is difficult to make a decent scale of these things purely by personal ability.

It's nothing more than a small fight. Now he has also invested in a lot of semiconductor manufacturing industries, but none of them are fringe industries, and few of them really involve the core.

Not only because of the large capital investment, the main reason is the mismatch between technology and talents, the technology is difficult, and high-level talents of various majors are needed.

Li Weidong has invested in many high-tech companies abroad, and it is no problem to produce chips, but for those companies, Li Weidong can only pursue financial investment, that is, to make money.

To a certain extent, it can also influence the decision-making of these companies. As for wanting to control the company, there is no hope at all.

He can influence Nokia and Bird to carry out technical cooperation, but he cannot decide the way and depth of cooperation.

Moreover, these cooperations are also restricted by the Wassenaar agreement, otherwise he can lead ASML to sell a few of the latest machines to the mainland, and save most of the trouble.

Li Weidong also wants to invest in several companies that can be made in China, but how difficult this is, he will naturally know in future generations that the companies he invests in now will not be able to become a big climate.

In the future, we can only make some low-value-added and low-tech products to earn some hard money.

Li Weidong's investment mentality is nothing more than to make some money if he can help them. As for how much he can make, it depends on God's will.

It can be summed up in one sentence, you must have great courage and innate advantages to work in this industry. If you want to follow the conventional thinking of running a business, it is basically impossible to grow from a small age.

Therefore, enterprises that do this must be dominated by government forces. Even if there is no government force, they must have a government background. If there is no background, they must have a back.

If you don’t have any of these things, it’s useless for you to have a promising future in China, a core in China, or revitalize China.

Listening to what Director Liu said now, it seems that there is a door to this matter. Could it be that the future SMIC will fail?
Of course, Li Weidong has heard about what happened in the semiconductor industry of Baodao. A semiconductor processing company was sold to another company for 50 billion US dollars, which is absolutely big news.

At this time, the United States supports Baodao and South Korea to suppress Japan's stupid semiconductor industry, so the semiconductor processing industry in these two places is very popular and famous.

Such a big thing has happened, and it is Li Weidong's proposed industry category that may be the company's pillar in the future. The secretary will definitely summarize the ins and outs to Li Weidong.

The major shareholder of Shida Semiconductor sold it to Integrated Circuits without telling the person in charge. The heads of the two companies, who were originally colleagues, met again in the same company, but the former ordinary colleagues became superiors and subordinates.

But within a few days, when the person in charge found out, he resigned resolutely and walked away with his own money.

Of course Li Weidong knew that this old man finally came to the mainland and founded the famous SMIC, but he couldn't remember the time, but he just resigned and came out to work. Isn't it a little hasty?

Director Liu saw that Li Weidong was engrossed in his thoughts, so he paused for a while, then slowed down and said: "Now we do it ourselves, and they will block our technology!"

"We can't buy advanced equipment and technology, so development will be difficult after all. In this case, why not try and introduce foreign capital to build factories locally!"

"If there is no government background, with a purely commercial relationship, is it possible to bypass those restrictive agreements? Of course, whether things will go so smoothly is another matter, but since it is possible, we must try!"

"Now there is such an opportunity. You may have heard about the acquisition of Baodao Shida Semiconductor. Their director, Mr. Zhang, has resigned!"

"According to what we have so far, he wants to set up a new company on Hong Kong Island for semiconductor processing, but the land price on Hong Kong Island is too expensive, and there are some other reasons. It is estimated that his plan may have some changes!"

Director Liu didn't go into details, but only mentioned the issue of land prices. Li Weidong probably guessed the reason for the current turmoil in the real estate market on Hong Kong Island.

The richest man in his family is now leading the real estate developers of Hong Kong Island in a game with the government. The land is more important than life. Hong Kong Island has only so little land. If you build a factory, where will my house be built?
Although the final result has not yet come out, since Director Liu said so, it is estimated that the possibility of success is almost gone. Of course, whether there are other reasons for this, Li Weidong dare not speculate on his own.

Director Liu continued: "Currently, the Shanghai City Planning Committee is in contact with Mr. Zhang and wants to invite him to come to Shanghai to build a factory. The negotiation is going well now!"

"Although Mr. Zhang has not made a final decision, according to the feedback from the comrades in Shanghai, the problem should not be serious. They will find a way to make this happen!"

Li Weidong understood in his heart that his guess just now was somewhat general. The reason for the success of anything is not unilateral, but is determined by multiple factors.

"The next step is to talk about the actual content, which is the issue of capital investment. According to Mr. Zhang's initial budget, almost 15 billion US dollars of capital is needed!"

"Of course we believe that Mr. Zhang's appeal will definitely attract a lot of financial support, but the type and nature of the funds will still have a relatively large impact on this matter!"

"We learned that Chairman Li is more interested in this industry, so now I would like to ask whether Chairman Li is interested in investing in this project!"

As early as when Director Liu said this, Li Weidong had a general feeling in his heart. Since he was introducing foreign capital to avoid risks, he naturally had to be more realistic, but it came so fast.

Li Weidong turned his head and glanced at Director Zeng. It should have been revealed by Director Zeng, but Director Zeng shook his head, which surprised Li Weidong.

However, Li Weidong pondered for a while, and asked: "How much money do you need now?"

"Naturally, the more the better!" Director Liu said casually. After he finished speaking, he realized something was wrong, and quickly explained with a smile: "Mr. Li, you misunderstood, we didn't mean that!"

"Now Shanghai City's industrial company in Hong Kong Island can provide about 6000 million US dollars for this project, and our planning committee can provide [-] million US dollars in foreign exchange support!"

"However, since we are introducing foreign capital, it is not easy for these companies' names to appear, so we need to be flexible."

Li Weidong showed a listening expression, wanting to know what the flexible handling in Director Liu's mouth meant!
"If Mr. Li is interested in investing in this project, our plan and your Jingwei Investment will jointly register an investment company overseas, and invest in this project in the name of Jingwei Investment!"

Li Weidong nodded, expressing his understanding. Jingwei Investment, which he runs, has been investing in this area recently. If he invests in this company, there will be no surprises, and no one will doubt it.

Li Weidong didn't make a statement. In fact, he had no choice, but he still asked curiously: "This is more than [-] million U.S. dollars. Are you afraid that I will take the money away?"

Director Liu glanced at Director Zeng, then smiled and said, "Dr. Li, we believe in your character. Besides, with your worth, two hundred million yuan should not be enough for you, right?"

Li Weidong also shook his head and smiled, believing that his personality must be fake, and it is true that the two billion yuan cannot get into his eyes, and his domestic assets are much more than the two hundred million yuan.

And since it is a partnership to do business and become a company, there will naturally be people from both parties, and the financial situation will definitely be supervised. Even the most trusted person, without supervision, will be useless!
Li Weidong turned his head to look at Director Zeng and asked with a smile: "Director Zeng, how much money do you think this project needs to be invested to be meaningful?"

Director Zeng didn't speak, but said to Director Liu, "Xiao Liu, you go back first, and then find out about the progress of this matter with Xiao Jiang from Shanghai!"

Director Liu knew that his task was completed, and he didn't need to participate in the rest, so he stood up and replied, "Okay, Director Zeng, I'll call Director Jiang right now!"

Then he said something to Li Weidong, "Li Dong, goodbye!"

Li Weidong stood up and shook hands with him, and said the same thing, "Goodbye", after all, he is the head of a department with great power!
Director Zeng waited for Li Weidong to sit down, took out a sticky note and said, "Tomorrow night, I will invite a few acquaintances to have tea together. I will give you the address first, and I will forget it later!"

Li Weidong knew that Director Zeng's matchmaking was successful, otherwise he wouldn't have had tea together, took the note and said, "Thank you so much!"

Director Zeng waved his hand and said, "It's nothing more than a little effort!"

Then he went on to say: "Director Liu reported this matter to me a few days ago. There were several plans, but they were not very mature. Later, he put forward this opinion. In the lounge just now, I mentioned something to President Zhu. , the leader also agrees, he has great confidence in you!"

Li Weidong asked in surprise: "The leader also knows?"

"Well, the leader's original words are that Comrade Li Weidong is still trustworthy!" Director Zeng said with a smile.

Li Weidong sighed and said: "Director Zeng, don't worry about this matter. Don't dare to say anything else. The financial matter will definitely be resolved. To be honest, I am very optimistic about this project!"

"Even without Director Liu's proposal, I would have invested. In fact, I have been following Mr. Zhang's movements, but I didn't expect him to move so fast and start working again without taking a break!"

Director Zeng stood up and said with a smile: "With your words, I am relieved. The project you invest in has a high probability of success!"

Li Weidong trembled when he heard this, he was careless, it is not a good thing to invest in all the projects that make money!

(End of this chapter)