my fintech empire.

Chapter 734 [Three advances and one retreat]

The global chip manufacturing landscape has suddenly reversed overnight. The domestic side is not in a hurry. Anyway, it can slowly wrestle with the other party. Many international chip manufacturers must be in a hurry.

During the videoconference, a participant said: "The embargo on mid- and low-end lithography machines will be around mid-June. Will they not withdraw during this period, and we will not cancel the controls on germanium and gallium raw materials?"

Hearing this, Qin Feng, who was present at the meeting, immediately spoke up: "Isn't that a waste of this good card? If we want to deregulate the control of germanium and gallium raw materials, we should first let the North American Semiconductor Industry Association bring the global semiconductor industry chain back to the state before the spring of 2013, preferably before the signing of the Wassona Agreement."

If this incident can bring the global semiconductor industry chain back to the state before the spring of 2013, it means that the S-series chips of Xingyu Technology can continue to be developed, and the STAR series of smartphones will be able to use 14nm process chips next year.

Another participant in charge of research and development of semiconductor equipment said: "Who would not want to do this, but do you think it is possible? In the best situation, I think they will allow Xingyu Technology to use the most advanced process technology for you, but they will definitely require you to give up domestic research and development. Can we accept this condition? Obviously impossible."

At this moment, Fang Hong did not speak, but listened to the discussion among the people present at the meeting.

Obviously, there is also internal competition, and the person in charge of domestic substitution obviously does not want Xingyu Technology to play with foreigners again. In this way, Qunxing Capital's support for domestic substitution will be strengthened.

Xingyu Technology is now supported by the remaining inventory. If it plays with Qualcomm again, the pressure will be relatively less. The domestic substitution must not be as urgent as it is now, and the relevant domestic substitution companies must obtain fewer resources.

After a while, Fang Hong said: "The domestic substitution of the semiconductor panoramic industry chain is the company's strategy, and it is also the country's strategy. The strategy is determined, and the priority of the strategy is higher than other levels. There is no doubt about it."

Speaking of this, Fang Hong paused for a moment and said to Qin Feng: "Let's part ways with Qualcomm. Don't worry about it. Anyway, it can last for two years. There is no way out to move forward unswervingly. The mobile phone business has been dormant for the past two years. In the future, it will become a blockbuster. As for the next two years, let's focus on the new energy vehicle business."

The heads of other domestic alternative semiconductor companies heard the words of the big boss, and everyone felt at ease. In the future, Qunxing Capital will definitely give more resources.

Qin Feng nodded when he heard the words. The current background can only be like this. The focus of Xingyu Technology in the next two years is to develop new businesses mainly based on new energy, but the smartphone business does not mean that it will stop here.

One participant couldn't help asking: "How will this game play out, and what will be the final result?"

Fang Hong said calmly: "How else can it be developed? It is nothing more than a strategy of advancing three and retreating one. The probability of Xingyu Technology restarting the S-series chips is not high, but the sanctions of quantitative capital must be relaxed."

The so-called advance, three retreat, and one strategy is based on the expectation that one's own side wants to achieve, and there is more room for retreat later. When negotiating, you can ask to go back to the Wassona agreement, and then bargain slowly.

After the meeting, Fang Hong connected with Chen Yu separately: "This time I won a negotiation bargaining chip for your company. Letting go of the restrictions on your quantitative capital has become a must-win condition for us in this game with Laomei."

Hearing this, Chen Yu was very surprised at first, and then he was also inspired. In this level of international game negotiations, every condition he won must be hard-won, and all of them are precious.

With so many sectors and subsidiaries under the galaxies, who wouldn't want such resources?It can be seen that the big boss still attaches great importance to quantitative capital, and it is certainly no worse than Xingyu Technology.

At this time, Fang Hong stared at Chen Yu on the screen and added: "However, you also have to come up with some bargaining chips in exchange. This game is not to completely tear your face apart. Later, you will still reach a new balance point in bargaining and their respective advances and retreats and exchanges."

Chen Yu immediately responded, "What do I need to do?"

There is nothing more to say, the big bosses are already so supportive of quantitative capital, just cooperate decisively.

Fang Hong thought for a while and asked, "What does Wall Street most want from you to quantify capital?"

Hearing this, Chen Yu replied subconsciously: "Of course I want to get my smart quantitative trading model..."

When talking about this, Chen Yu was stunned for a moment, and quickly added: "Could it be that you want me to exchange this?"

Fang Hong said calmly: "I don't agree to you if you want to, can a unique skill be called a unique skill if you share it?"

Hearing what the big boss said, Chen Yu breathed a sigh of relief. He was a little taken aback just now, thinking that Fang Hong planned to let Quantitative Capital use this as a bargaining chip in exchange.

After a while, Fang Hong said with a smile: "The intelligent quantitative model will definitely not be handed over, but it can be rented to them."

Chen Yu looked puzzled: "How can I rent this? There is a risk of leakage."

Fang Hong said: "Have you forgotten your main business? Quantitative capital is also an investment management company. Wall Street wants this for money. Wouldn't it be over if you help them make money? Let Wall Street's capital become your company's LP, you set up a plate for them, and they invest money in them. You do asset management for them, and then promise them a guaranteed 20% annualized return on investment for this plate, and the excess profit will be commissioned for the portion exceeding 25%."

Fang Hong paused for a while and added: "If the annualized return on investment is lower than 25%, your company will make up for them, and Qunxing Capital will guarantee it. The upper limit of the fund is 2000 billion U.S. dollars."

This condition can be said to be quite generous. There is no asset in the world that can guarantee you a 25% annualized return on investment, which is higher than the stock god Warren Buffett. The most critical point is that no matter what the actual profit or loss of the fund is, it will at least guarantee you a 25% annual profit. I am afraid that only Ponzi schemes dare to promise this.

But quantitative capital is different, and there is Qunxing Capital as a credit guarantee. The 2000 billion capital quota will definitely be grabbed by various capitals within Wall Street every minute.

Based on the capital limit of 2000 billion U.S. dollars, an annualized rate of return of 25% is a net profit of 500 billion U.S. dollars, and a guaranteed bottom-line profit for droughts and floods.

If only US$400 billion is earned in the current year, Quantitative Capital will fill the gap of US$100 billion out of its own pocket; if it earns US$1000 billion in the current year, the other US$500 billion in profits will be shared between Quantitative Capital (GP) and Wall Street Capital (LP). Generally speaking, as a GP, it will get about 30% to 35%. Calculated at 35%, Quantitative Capital will share the excess profit of US$175 billion.

Chen Yu couldn't help but suddenly said: "So that's the case, I have no objection."

It is completely acceptable to exchange under such conditions. Quantitative Capital will not suffer any losses. Not only can the restriction of display chips be released, but also a super-large fund of 2000 billion US dollars can be managed. With the assistance of Chen Yu and Quantitative Capital's intelligent quantitative trading, the annualized return can definitely exceed 35%, which means that it can still make money.

According to the 2000% annual rate of return of 35 billion U.S. dollars, that is 700 billion U.S. dollars, of which 200 billion is the excess profit commission, and the quantitative capital can share the net profit of 70 billion U.S. dollars.

Although US$700 billion was divided up from US$70 billion, don't forget that there was not even US$70 billion before this, and the quantitative capital limit was also lifted.

Such an exchange of conditions is certainly acceptable to Chen Yu.

For Wall Street, although they have not obtained the intelligent quantitative trading model that they have been thinking about, the annual net profit of 500 billion U.S. dollars is guaranteed at the bottom and there is no upper limit, which is also very attractive.

……

(End of this chapter)