my life reset

Chapter 453 Full Blood Resurrection
Chapter 453 Resurrection with full blood
Different from charitable funds and investment companies, the high-tech venture capital fund initiated by Hu Yang has served the domestic semiconductor industry from the very beginning.

The operating rules of the Hi-Tech Venture Capital Fund are that the Huijia Department will permanently control it.The fund can accept the supervision of various investment companies, but does not accept any interference.

To put it bluntly, the high-tech innovation investment fund is his private land of Populus euphratica, and the meaning of existence is to dance with key domestic semiconductor companies.

After Hu Yang finished speaking, the scene burst into applause.

What Hu Yang said really touched their hearts.The high-tech innovation investment fund sounds very high, but it seems that there are not many raised by itself.However, how many domestic high-tech enterprises are there?Sprinkling some money in every industry will have no effect at all.

This is the difference between a high-tech venture capital fund and an investment company. Instead of thinking about how to make profits first, its role is to support several key companies in a certain industry, thereby driving the rise of the entire industry.

At that time, isn't profit inevitable?Therefore, for high-tech innovation investment funds, making money is just a incidental matter, and there is no need to care too much at all.

All of these people present here have businesses closely related to the semiconductor industry.The domestic semiconductor industry is booming, and each of them will be the beneficiary.

"Mr. Hu, that's the deal. I'm going to Europe tomorrow, so I won't chat with you."

Gao Mingkang often goes to the company's R&D center in France recently. Mingkang Communication is actively participating in the formulation of 3G standards, and some new technological achievements are constantly emerging.

"I'll go too, Mr. Gao, wait for me."

Chen Hao also stood up, greeted Hu Yang and others, and left Hu Yang's office with Gao Mingkang.

Liu Jin sat there today without speaking, until now he said: "Mr. Hu, you also know the situation of Dongfang Technology. I really can't come up with funds."

"Haha, Mr. Liu, you don't need to explain. Dongfang Technology is also a big money burner. Don't worry, everyone will not think too much. Moreover, when the company is preparing to build the sixth generation TFT-LCD production line, the Hi-Tech Venture Capital Fund will give you Certain financial support."

Hu Yang thinks that even if Charm Semiconductor has started to make a profit, Dongfang Technology may not be able to achieve a break-even balance.

In the past time and space, Dongfang Technology has sharpened its sword for ten years, and it took a full ten years to achieve positive profitability.

So Populus euphratica is really not in a hurry, a good meal is not afraid of being late.

Liu Jin smiled gratefully, then raised his hand to look at the time, and said, "I'm going back to the capital in the afternoon, Mr. Hu, Mr. Chen, see you in a few days."

Immediately, Liu Jin also left Hu Yang's office, and it was still Miqi who sent the guests to the elevator.

"Hey, brother Hu, you can't finish worrying all day. Tell me, can Charm Semiconductor really rise?"

Even with financial support, Chen Jialin still lacked confidence in Charm Semiconductor.This time, the price war of Star S touched him a lot. Only now did he realize that the gap between domestic memory chips, especially DRAM, and international giants is too great.

Some gaps cannot be smoothed by spending money, which involves the accumulation of talents, technology and experience.

"Young Master Chen, you asked me this question, how do I answer it? But in general, you only have a chance if you try to catch up. Isn't Xintong International a good example?"

Populus euphratica has 1 reasons why he cannot give up, but there are some things he cannot say to anyone.

At present, the mainstream voice in the field of economics is to be in line with international standards and actively participate in the international division of labor.To put it bluntly, there is no need to engage in all industries. Industries such as semiconductors, which are technically difficult and costly, do not need to bite the bullet and compete with the United States, Japan, Europe, and South Korea.If there is anything missing, I just buy it back, and this is in line with economic laws.

However, Hu Yang knows that there are many times when you have a lot of dollar bills, but there are also things you can't buy.

Furthermore, if you don't work hard, you will always be suppressed at the low end of the industrial chain.Others make money lying down, you have to work hard to make money.Moreover, the money earned through exhaustion is not as good as a fraction of the money earned by lying down.

The most important thing is, what if one day people are unhappy and the core components are not sold to you?At that time, you will no longer have the chance to work hard.

At this time, Mickey knocked on the door and walked in.

"Mr. Hu, Manager Liang from Hi-Tech Venture Capital is here."

A high-tech innovation investment fund with a council.Hu Yang is the chairman of the fund council, and Liang Yu is the executive director and general manager. Their operation mode is very different from that of ordinary funds or companies.

Specifically, companies that subscribe to fund shares do not have a seat on the board of directors.The council currently has only five directors, except for Hu Yang and Liang Yu, the other three are supervisors.

If you have to compare, the three directors are roughly equivalent to the independent directors of the board of directors of a listed company.

"Then I'm leaving too. I'll treat you to Western food in two days."

Seeing that Populus Hu Yang had something to do, Chen Jialin got up and said goodbye.

"Secretary Mi, let Manager Liang come in, and then send Mr. Chen off for me."

As soon as Chen Jialin went out, Liang Yu walked in excitedly.

"Manager Liang, why are you so happy? Come, sit down and talk."

Seeing Liang Yu's appearance, Hu Yang knew that he must have brought good news.

"Mr. Hu, I didn't expect Baoqing Steel to be so proud. They came to sign the contract this morning and subscribed for 30 billion yuan of fund shares."

No wonder Liang Yu was so happy. It wasn't a matter of more money and less money, but that Baoqing Steel and the semiconductor industry basically had nothing to do with it. He made such a generous offer, which shows that the fund is still quite attractive.

"Haha, this is a happy event. However, Manager Liang, are you wondering why the other party did this? I understand that this is a supportive attitude of the state-owned assets towards us."

In fact, this kind of thing is not surprising. Hu Yang remembered that in the past time and space, when the country established a large integrated circuit fund, Baoqing Iron and Steel also invested such a large amount of money.

Maybe it's people's strategic vision, maybe it's the tax exemption policy of industrial funds, maybe it's an attitude of state-owned assets, and so on.
I really don't need to get to the bottom of it, it's not a bad thing anyway.

"Oh, let me tell you, the people who came to subscribe, pay and sign the contract this morning are all large state-owned enterprises. Mr. Hu, look, this is the list and the subscription amount."

Liang Yu was thoughtful, and then handed Hu Yang a document.

Hu Yang looked at it, and saw a list of lists, including the familiar Shenhai Port Group, Shenhai Power Group and other large enterprises.

Needless to say, these companies coming to subscribe for fund shares definitely represent the meaning of the city.

These companies, together with the subscriptions of Baoqing Iron and Steel, Chen Hao, Chen Jialin and others, have raised more than 100 billion yuan in high-tech venture capital this morning.

In the next period of time, a large number of companies including Rainbow Electric, Hantang Communications, HW, ZX, and Jingli Mobile came to subscribe, and the funds raised have exceeded 500 billion yuan, reaching 575 billion yuan.

Hu Yang led the investment of 20 billion US dollars, equivalent to 160 billion yuan (RMB), that is to say, the scale of high-tech venture capital has reached 735 billion yuan.

This number is very scary. Even ten listed companies cannot raise so much funds.

During this period of time, Liang Yu became more and more courageous as he fought.He reported to Hu Yang that his main job in the next stage was to raise another batch of funds from Xiangjiang.

Hu Yang did not discourage Liang Yu's enthusiasm. In fact, Charm Semiconductor's application for listing on the Stock Exchange failed. It can be seen that Hu Yang has found it difficult to continue financing from Xiangjiang.

"Mr. Hu, good news! Charming Semiconductor's private placement application has been approved by the regulatory authorities."

On this day, Yan Hanzhang came to Hu Yang's office very excitedly.

This time, Glamor Semiconductor applied for a private placement in the domestic market, with the goal of targeting high-tech venture capital funds.This time things went very smoothly, and the various departments gave the green light all the way.

One of the most important reasons is that the private placement will not draw blood from the market, and the relevant parties are also making every effort to promote this matter.

In this private placement, Glamor Semiconductor issued 46.5 billion shares to the high-tech innovation investment fund at a price of 3.20 yuan per share, raising a total of 148.8 billion yuan.

This price is a little lower than Charm Semiconductor's initial issue price when it went public, because the tradable shares issued at the time were unlimited, and the privately issued shares have a lock-up period of three years.

After the completion of this round of additional issuance, the total share capital of Glamor Semiconductor has reached 261 billion shares.Among them, Charm Technology holds 150 billion shares of the company, accounting for 57.47% of the shares. It is still the company's largest shareholder and is in an absolute controlling position.

High-Tech Venture Capital Fund holds 46.5 billion shares of Glamor Semiconductor, accounting for 17.82% of the shares, making it the company's second largest shareholder.

Integrated Circuit Development Fund, Hongda Asset Management Company and their concerted parties hold a total of 45 billion shares of Glamor Semiconductor, accounting for 17.24% of the shares, making them the third largest shareholder of the company.

According to the agreement, neither the second largest shareholder nor the third largest shareholder enjoys the right to manage the company, and guarantees that they will not seek control of the company under any circumstances.

So far, Charm Semiconductor has lifted the alarm of insufficient funds, and it can be regarded as a complete resurrection with full blood.

In the warm spring, a Gulfstream G550 business jet took off from the deep sea and headed straight for the ancient capital Chang'an.

On the plane, Hu Yang and Yan Hanzhang sat opposite each other, tasting Wagyu veal steak and drinking red wine from time to time.

"Mr. Yan, Charm Semiconductor won't have to worry about funding for a long time to come. Tell me, will our trip to Chang'an achieve the desired results?"

After eating the last bite of food, Hu Yang put down the tableware.

He took the wipes from the stewardess, wiped them off, and then asked casually.

(End of this chapter)