my life reset
Chapter 698 [-] million investment, made in the south
Chapter 698 [-] Billion Investment, Made in the South
Chapter 698 [-] Billion Investment, Made in the South
At present, there are still 441.84 billion yuan in the account of Huijia International Investment.
However, 140 billion yuan of this has been included in special funds.This fund was used by Xia Bing to build a large-size silicon wafer factory and cannot be embezzled.
That is to say, in the account of Huijia International Investment, the real price is only 301.84 billion yuan of idle funds.In addition, there are more than 100 billion Hong Kong dollars in Hong Kong's Hong Kong dollar account.
After the prepayment for the sale of the equity in the Kangkola Copper Mine arrived in the account, the funds in Huijia International Investment's account rapidly expanded, and the RBM account is currently 1489.62 billion yuan.
On the Zambian side, you need to pay a little tax.However, in this transaction, the taxpayer is mainly Bauhinia Mining, and Huijia International's investment can be ignored.
"Assistant Wu, you call Manager Liang of Hi-Tech Venture Capital and ask him to come to me sometime."
Hu Yang had a lot of money in his hand, so he planned to transfer some money to Liang Yu.
High-tech venture capital fund is in the form of an open-end fund, and its share can be increased at any time. This is also a system designed for financing convenience.
Wu Xinhui responded, and hurried out to call Liang Yu.
After about ten minutes, she walked in and said, "Mr. Hu, Manager Liang is out on business and couldn't make it today. He said he would come to see you tomorrow morning."
Hu Yang nodded, indicating that he knew.
Liang Yu is a busy man in the real sense now, he needs to keep raising funds to expand the size of the fund.In addition, there are endless project financing applications to review, and he can't wait to work 24 hours a day.
Hu Yang is also constantly looking for suitable people to enter the management of Hi-Tech Venture Capital Fund.But even so, the growth rate of talents cannot keep up with the speed of business development.
The next day.
Not long after Hu Yang arrived at the office, Liang Yu rushed over.
"Mr. Hu, I'm sorry. I had some business in Yangcheng yesterday, so I didn't have time to see you. I'm going here by car before dawn today. Didn't delay things?"
It may be that life is too "full", and Liang Yu's personality has become much more cheerful.
"It's okay. I didn't set a time limit. Manager Liang, I have received another large sum of money. I'm going to transfer some of it to you."
Hu Yang stood up, walked to the sofa and sat down.
He still respects Liang Yu very much. This person regards his career as his everything. What more can he ask for from such a subordinate?
"Mr. Hu, how much money are you going to allocate to me?"
Liang Yu took a sip of tea, and the pressure in his heart suddenly eased a lot.He knew that Hu Yang had specially called him here, so the amount of money would definitely not be a small sum. He reckoned that it would have to be around 200 billion yuan.
"I will allocate 800 billion yuan to you first. If your funds are not enough after a while, I will still have more here."
Hu Yang smiled and said a number casually.
"800 million yuan?"
Liang Yu couldn't help taking a breath.He is someone who has seen big money, but he still knows a little about Hu Yang's family background. The question is where did the 800 billion yuan of money come from?
Could it be that Populus euphratica borrowed heavily?
So, after hesitating for a moment, Liang Yu still persuaded him tactfully: "Mr. Hu, the recent financing situation here is not bad, and the funding is not very tight. If you have other considerations about this funding, you might as well consider it first." where?"
Really, hearing what Liang Yu said, even Hu Yang was somewhat moved.
Look at Yan Hanzhang and his gang, they all want to ask for more money from the boss, how many of them are like Liang Yu, who can think for the boss?
"Manager Liang, I recently sold my shares in the Kangkola Copper Mine, the amount of which is worth hundreds of billions of dollars.
My consistent point of view, others do not know you do not know?Money is like waste paper in your hands, and it has to be spent to play its due role. "
Hu Yang simply explained a sentence, and at the same time raised his hand and patted Liang Yu's shoulder, saying everything without saying a word.
"Congratulations to Mr. Hu, then I will not be polite. Please rest assured that I will use every fund where it should be used and will never waste it."
Now that the boss has given himself the truth, Liang Yu will no longer be hypocritical.
He happily accepted the 800 billion yuan of funds, and some of the plans in his mind will not be put on hold because of funding problems, but can be implemented.
"Hmm, I don't worry about who do you worry about? Manager Liang, just let it go, I know it well. In addition, in terms of funds, we should try our best to tilt towards Xintong International and Mingkang Communications, and don't let other companies fall behind."
Hu Yang made an order in his mind. There is no doubt that Xintong International and Mingkang Communication are the top priorities of Huijia's semiconductor industry.
It's not that other things are not important, such as Bolong optics and microelectronics, and charm semiconductors and charm electronics.
Bolong optics and microelectronic equipment, including Elbe Semiconductor, belong to the upstream of the semiconductor industry and belong to the semiconductor equipment segment.Do they matter?It must be important. Without these equipment and raw material manufacturers, how can chips like Xintong International be produced?
However, in terms of driving the development of the entire industry and impacting the high-end of the world's semiconductor field, Xintong International and Mingkang Communication are the core of Huijia's semiconductor development strategy.
Liang Yu understood, and replied with a smile: "Mr. Hu, I understand. But with the 800 billion yuan in funds, I believe that no one will be left behind. After all, the benefits must be shared."
Hu Yang saw that the other party understood what he meant, so he stopped talking.
Then he signed the official document with his own hand and handed it to Liang Yu, asking him to find Xia Bing.There are still some formalities to go through, which Xia Bing and Liang Yu can complete.
Before, Huijia International Investment had 1489.62 billion yuan of idle funds in its accounts.After allocating 800 billion yuan to the high-tech venture capital fund, there is still 689.62 billion yuan left.
"Assistant Wu, is Mr. Meng still in the deep sea these two days?"
After Liang Yu left, Hu Yang asked Wu Xinhui where Meng Rusong was.
"Mr. Hu, Mr. Meng called an hour ago and said he was at the Deep Sea Factory. I asked him if he would like you to answer the phone. Mr. Meng said that since you have something to do, he will contact you at noon."
Wu Xinhui quickly reported to Hu Yang. It was Meng Rusong who told her not to disturb Hu Yang before, but she was still a little uneasy.
It was only a while before I had time to report to Hu Yang, but by coincidence, Hu Yang just asked about Meng Rusong.
Hu Yang glanced at Wu Xinhui, a little puzzled: There is nothing wrong with my attitude, why does the other party seem a little panicked?
"Assistant Wu, give me your phone, and I'll call Mr. Meng back."
Hu Yang didn't care about Wu Xinhui's emotional changes. To be honest, he was not harsh on the people around him. Except for Korean, most people were more casual in front of him.
Of course, the exception is when he pouts.
"Oh, let me dial it for you."
Wu Xinhui quickly came to her senses. It seemed that the boss didn't mean to blame her, but she was probably thinking too much.
The phone was connected, and Meng Rusong's hearty laughter came from the receiver: "Mr. Hu, call me back at this hour, do you want to invite me to lunch?"
Hu Yang also smiled: "Okay, I will treat you to Yuelou at noon."
"Don't mind, I'd better go to the investment building to eat. To be honest, the quality of the food outside may not be better than our own. Just wait, I will definitely be there at 12 o'clock."
Meng Rusong really wasn't lying. The chef at the restaurant on the top floor was originally a super chef poached from the big restaurant, especially for Cantonese cuisine, which can be called a masterpiece.
"Okay, I'll wait for you, see you later."
Hu Yang immediately hung up the phone.
Then she looked at Wu Xinhui and said, "Assistant Wu, please tell the restaurant to cook a few dishes carefully and deliver them to me before 12 o'clock."
Hu Yang planned to have dinner with Meng Rusong in the small restaurant next to the office. Anyway, he occupied the whole floor by himself, and the facilities were complete, so there was no need to go upstairs to squeeze with everyone.
At noon, Meng Rusong arrived on time, and the two had dinner together, and even specially opened a bottle of wine.
"Mr. Hu, I heard the cries of magpies as soon as I woke up this morning. Could it be something good for you to call me?"
Since it was noon, neither of them would drink much.
Because Hu Yang took care of Meng Rusong, he had the habit of drinking wine with meals, otherwise, he would never have opened this bottle of wine.
"Mr. Meng, you've failed your studies. Magpies? I think it's almost as good as sparrows. I said, are you still thinking about my funds?"
Hu Yang and Meng Rusong have always been more casual together, the relationship between the two is very good, there is no such gap as the boss-employee.
"Mr. Hu, it's a waste of money to put it there. What's wrong with me? Seriously, do you agree with the idea I told you last time?"
When Meng Rusong said this, he was really justified.
He has no shares in Xintong International, and that little option is temporarily visible but not touchable.He knows that the boss does not want the management to hold shares (a small amount of options is fine), and everything he does is fully worthy of his salary.
However, all Huijia executives hold a part of the equity in the e-commerce company.And they have also made a lot of money through the Chen Jialin Fund in private, and the generous treatment is not much better than that of foreign countries.
"Mr. Meng, I just want to talk to you about this today. You plan to establish Xintong International (South Manufacturing) Co., Ltd., and I agree.
I am going to invest 300 billion yuan in this project, and the Hi-Tech Venture Capital Fund will invest 300 billion yuan.I also communicated with the Integrated Circuit Development Fund, and they expressed their willingness to inject 300 billion yuan. "
The Xintong International (South Manufacturing) Co., Ltd. mentioned by Hu Yang was an idea proposed by Meng Rusong.According to him, the new company will undertake the chip production of the latest generation process technology.
At present, Xintong International is fully promoting the R&D and finishing work of the 28nm process.
Meng Rusong plans to continue to expand the production capacity based on the deep sea factory.In the future, the production of 28nm chips will be handed over to Xintong International (South Manufacturing) Co., Ltd.
According to Meng Rusong's plan, the investment scale of this project is extremely large, otherwise, why would he keep staring at the funds in Hu Yang's hands?
"Oh, Mr. Hu, you gave me a big surprise. However, is it necessary to let the Integrated Circuit Development Fund get involved in this project? I mean, we are fully capable of doing it ourselves."
Meng Rusong didn't care about that part of the shares, he was afraid that the Integrated Circuit Development Fund would get too involved.
He is also thinking about Populus euphratica.
"Mr. Meng, I don't care about Xintong International getting closer to state-owned assets. I don't think they want to take control away from me, right?
Now North America is gradually escalating the suppression of the Huijia family. Do you think the country has not reacted at all?Now the involvement of state-owned assets has only benefits and no harm to us. "
Hu Yang didn't talk too much, they are all smart people, so there is no need to talk too much.
Meng Rusong suddenly realized that he knew that Populus euphratica was under pressure from North America, but the pressure in his heart was still very heavy.Now that the state-owned assets are willing to help share some of the burden, it shows to a certain extent that the state has begun to support the Huijia Department.
"This is a good thing! Then, what specific plans do you have next?"
Meng Rusong sharpened his sword eagerly, he hoped that these funds would be in place as soon as possible.
"Next, you can talk to Mr. Xia, Manager Liang, and IC Development Fund. My principle is that the valuation of financing should not be too high, and don't put too much pressure on Huijia International and Hi-Tech Venture Capital Fund."
The palms and backs of the hands are full of flesh, so Populus euphratica must be fully balanced.
"Okay, I'll go find Mr. Xia in the afternoon."
Meng Rusong got up to leave after eating and drinking.He must be in a good mood today. With the financial support promised by Hu Yang, he will definitely build Xintong International (Made in the South) into a world-class wafer production plant.
A week later, Xintong International, Huijia International Investment, High-tech Venture Capital Fund, and Integrated Circuit Development Fund (Phase II) signed an agreement to initiate the establishment of Xintong International (South Manufacturing) Co., Ltd. in Shenhai Investment Building.
Among them, Xintong International invested 100 billion yuan and injected the existing factory located in the deep sea into the new company.
Huijia International Investment invested 300 billion yuan, Hi-Tech Venture Capital Fund contributed 300 billion yuan, and Integrated Circuit Development Fund (Phase II) contributed 300 billion yuan.
Xintong International’s shares in South Manufacturing accounted for 40%, and Huijia International Investment, Hi-Tech Venture Capital Fund, and Integrated Circuit Development Fund’s shares accounted for 20% each.
The chairman of Xintong International (South Manufacturing) Co., Ltd. is Meng Rusong, who also serves as the company's general manager.
The company's board of directors has five seats, of which Xintong International has two seats, Huijia International Investment, Hi-Tech Venture Capital Fund and Integrated Circuit Development Fund (Phase II) each have one seat.
In fact, the Huijia department has 4 seats in the new company and occupies an absolute controlling position.
Before the National Day, Xintong International followed Taipower in announcing the news of the successful development of a new generation of process technology, and they made the same decision to realize risky mass production when the new year comes.
For the new generation of process technology, Nucom International has invested huge manpower, material and financial resources, and finally won the key technology node of 28nm.
Speaking of which, the successful research and development of the new-generation process technology of Xintong International is a little later than that of Taipower.But the two announced the news, only a week away.
Some people in the industry pointed out that in fact, the research and development speed of Xintong International is not slower than that of Taipower, and the time of one week is almost negligible.
(End of this chapter)
Chapter 698 [-] Billion Investment, Made in the South
At present, there are still 441.84 billion yuan in the account of Huijia International Investment.
However, 140 billion yuan of this has been included in special funds.This fund was used by Xia Bing to build a large-size silicon wafer factory and cannot be embezzled.
That is to say, in the account of Huijia International Investment, the real price is only 301.84 billion yuan of idle funds.In addition, there are more than 100 billion Hong Kong dollars in Hong Kong's Hong Kong dollar account.
After the prepayment for the sale of the equity in the Kangkola Copper Mine arrived in the account, the funds in Huijia International Investment's account rapidly expanded, and the RBM account is currently 1489.62 billion yuan.
On the Zambian side, you need to pay a little tax.However, in this transaction, the taxpayer is mainly Bauhinia Mining, and Huijia International's investment can be ignored.
"Assistant Wu, you call Manager Liang of Hi-Tech Venture Capital and ask him to come to me sometime."
Hu Yang had a lot of money in his hand, so he planned to transfer some money to Liang Yu.
High-tech venture capital fund is in the form of an open-end fund, and its share can be increased at any time. This is also a system designed for financing convenience.
Wu Xinhui responded, and hurried out to call Liang Yu.
After about ten minutes, she walked in and said, "Mr. Hu, Manager Liang is out on business and couldn't make it today. He said he would come to see you tomorrow morning."
Hu Yang nodded, indicating that he knew.
Liang Yu is a busy man in the real sense now, he needs to keep raising funds to expand the size of the fund.In addition, there are endless project financing applications to review, and he can't wait to work 24 hours a day.
Hu Yang is also constantly looking for suitable people to enter the management of Hi-Tech Venture Capital Fund.But even so, the growth rate of talents cannot keep up with the speed of business development.
The next day.
Not long after Hu Yang arrived at the office, Liang Yu rushed over.
"Mr. Hu, I'm sorry. I had some business in Yangcheng yesterday, so I didn't have time to see you. I'm going here by car before dawn today. Didn't delay things?"
It may be that life is too "full", and Liang Yu's personality has become much more cheerful.
"It's okay. I didn't set a time limit. Manager Liang, I have received another large sum of money. I'm going to transfer some of it to you."
Hu Yang stood up, walked to the sofa and sat down.
He still respects Liang Yu very much. This person regards his career as his everything. What more can he ask for from such a subordinate?
"Mr. Hu, how much money are you going to allocate to me?"
Liang Yu took a sip of tea, and the pressure in his heart suddenly eased a lot.He knew that Hu Yang had specially called him here, so the amount of money would definitely not be a small sum. He reckoned that it would have to be around 200 billion yuan.
"I will allocate 800 billion yuan to you first. If your funds are not enough after a while, I will still have more here."
Hu Yang smiled and said a number casually.
"800 million yuan?"
Liang Yu couldn't help taking a breath.He is someone who has seen big money, but he still knows a little about Hu Yang's family background. The question is where did the 800 billion yuan of money come from?
Could it be that Populus euphratica borrowed heavily?
So, after hesitating for a moment, Liang Yu still persuaded him tactfully: "Mr. Hu, the recent financing situation here is not bad, and the funding is not very tight. If you have other considerations about this funding, you might as well consider it first." where?"
Really, hearing what Liang Yu said, even Hu Yang was somewhat moved.
Look at Yan Hanzhang and his gang, they all want to ask for more money from the boss, how many of them are like Liang Yu, who can think for the boss?
"Manager Liang, I recently sold my shares in the Kangkola Copper Mine, the amount of which is worth hundreds of billions of dollars.
My consistent point of view, others do not know you do not know?Money is like waste paper in your hands, and it has to be spent to play its due role. "
Hu Yang simply explained a sentence, and at the same time raised his hand and patted Liang Yu's shoulder, saying everything without saying a word.
"Congratulations to Mr. Hu, then I will not be polite. Please rest assured that I will use every fund where it should be used and will never waste it."
Now that the boss has given himself the truth, Liang Yu will no longer be hypocritical.
He happily accepted the 800 billion yuan of funds, and some of the plans in his mind will not be put on hold because of funding problems, but can be implemented.
"Hmm, I don't worry about who do you worry about? Manager Liang, just let it go, I know it well. In addition, in terms of funds, we should try our best to tilt towards Xintong International and Mingkang Communications, and don't let other companies fall behind."
Hu Yang made an order in his mind. There is no doubt that Xintong International and Mingkang Communication are the top priorities of Huijia's semiconductor industry.
It's not that other things are not important, such as Bolong optics and microelectronics, and charm semiconductors and charm electronics.
Bolong optics and microelectronic equipment, including Elbe Semiconductor, belong to the upstream of the semiconductor industry and belong to the semiconductor equipment segment.Do they matter?It must be important. Without these equipment and raw material manufacturers, how can chips like Xintong International be produced?
However, in terms of driving the development of the entire industry and impacting the high-end of the world's semiconductor field, Xintong International and Mingkang Communication are the core of Huijia's semiconductor development strategy.
Liang Yu understood, and replied with a smile: "Mr. Hu, I understand. But with the 800 billion yuan in funds, I believe that no one will be left behind. After all, the benefits must be shared."
Hu Yang saw that the other party understood what he meant, so he stopped talking.
Then he signed the official document with his own hand and handed it to Liang Yu, asking him to find Xia Bing.There are still some formalities to go through, which Xia Bing and Liang Yu can complete.
Before, Huijia International Investment had 1489.62 billion yuan of idle funds in its accounts.After allocating 800 billion yuan to the high-tech venture capital fund, there is still 689.62 billion yuan left.
"Assistant Wu, is Mr. Meng still in the deep sea these two days?"
After Liang Yu left, Hu Yang asked Wu Xinhui where Meng Rusong was.
"Mr. Hu, Mr. Meng called an hour ago and said he was at the Deep Sea Factory. I asked him if he would like you to answer the phone. Mr. Meng said that since you have something to do, he will contact you at noon."
Wu Xinhui quickly reported to Hu Yang. It was Meng Rusong who told her not to disturb Hu Yang before, but she was still a little uneasy.
It was only a while before I had time to report to Hu Yang, but by coincidence, Hu Yang just asked about Meng Rusong.
Hu Yang glanced at Wu Xinhui, a little puzzled: There is nothing wrong with my attitude, why does the other party seem a little panicked?
"Assistant Wu, give me your phone, and I'll call Mr. Meng back."
Hu Yang didn't care about Wu Xinhui's emotional changes. To be honest, he was not harsh on the people around him. Except for Korean, most people were more casual in front of him.
Of course, the exception is when he pouts.
"Oh, let me dial it for you."
Wu Xinhui quickly came to her senses. It seemed that the boss didn't mean to blame her, but she was probably thinking too much.
The phone was connected, and Meng Rusong's hearty laughter came from the receiver: "Mr. Hu, call me back at this hour, do you want to invite me to lunch?"
Hu Yang also smiled: "Okay, I will treat you to Yuelou at noon."
"Don't mind, I'd better go to the investment building to eat. To be honest, the quality of the food outside may not be better than our own. Just wait, I will definitely be there at 12 o'clock."
Meng Rusong really wasn't lying. The chef at the restaurant on the top floor was originally a super chef poached from the big restaurant, especially for Cantonese cuisine, which can be called a masterpiece.
"Okay, I'll wait for you, see you later."
Hu Yang immediately hung up the phone.
Then she looked at Wu Xinhui and said, "Assistant Wu, please tell the restaurant to cook a few dishes carefully and deliver them to me before 12 o'clock."
Hu Yang planned to have dinner with Meng Rusong in the small restaurant next to the office. Anyway, he occupied the whole floor by himself, and the facilities were complete, so there was no need to go upstairs to squeeze with everyone.
At noon, Meng Rusong arrived on time, and the two had dinner together, and even specially opened a bottle of wine.
"Mr. Hu, I heard the cries of magpies as soon as I woke up this morning. Could it be something good for you to call me?"
Since it was noon, neither of them would drink much.
Because Hu Yang took care of Meng Rusong, he had the habit of drinking wine with meals, otherwise, he would never have opened this bottle of wine.
"Mr. Meng, you've failed your studies. Magpies? I think it's almost as good as sparrows. I said, are you still thinking about my funds?"
Hu Yang and Meng Rusong have always been more casual together, the relationship between the two is very good, there is no such gap as the boss-employee.
"Mr. Hu, it's a waste of money to put it there. What's wrong with me? Seriously, do you agree with the idea I told you last time?"
When Meng Rusong said this, he was really justified.
He has no shares in Xintong International, and that little option is temporarily visible but not touchable.He knows that the boss does not want the management to hold shares (a small amount of options is fine), and everything he does is fully worthy of his salary.
However, all Huijia executives hold a part of the equity in the e-commerce company.And they have also made a lot of money through the Chen Jialin Fund in private, and the generous treatment is not much better than that of foreign countries.
"Mr. Meng, I just want to talk to you about this today. You plan to establish Xintong International (South Manufacturing) Co., Ltd., and I agree.
I am going to invest 300 billion yuan in this project, and the Hi-Tech Venture Capital Fund will invest 300 billion yuan.I also communicated with the Integrated Circuit Development Fund, and they expressed their willingness to inject 300 billion yuan. "
The Xintong International (South Manufacturing) Co., Ltd. mentioned by Hu Yang was an idea proposed by Meng Rusong.According to him, the new company will undertake the chip production of the latest generation process technology.
At present, Xintong International is fully promoting the R&D and finishing work of the 28nm process.
Meng Rusong plans to continue to expand the production capacity based on the deep sea factory.In the future, the production of 28nm chips will be handed over to Xintong International (South Manufacturing) Co., Ltd.
According to Meng Rusong's plan, the investment scale of this project is extremely large, otherwise, why would he keep staring at the funds in Hu Yang's hands?
"Oh, Mr. Hu, you gave me a big surprise. However, is it necessary to let the Integrated Circuit Development Fund get involved in this project? I mean, we are fully capable of doing it ourselves."
Meng Rusong didn't care about that part of the shares, he was afraid that the Integrated Circuit Development Fund would get too involved.
He is also thinking about Populus euphratica.
"Mr. Meng, I don't care about Xintong International getting closer to state-owned assets. I don't think they want to take control away from me, right?
Now North America is gradually escalating the suppression of the Huijia family. Do you think the country has not reacted at all?Now the involvement of state-owned assets has only benefits and no harm to us. "
Hu Yang didn't talk too much, they are all smart people, so there is no need to talk too much.
Meng Rusong suddenly realized that he knew that Populus euphratica was under pressure from North America, but the pressure in his heart was still very heavy.Now that the state-owned assets are willing to help share some of the burden, it shows to a certain extent that the state has begun to support the Huijia Department.
"This is a good thing! Then, what specific plans do you have next?"
Meng Rusong sharpened his sword eagerly, he hoped that these funds would be in place as soon as possible.
"Next, you can talk to Mr. Xia, Manager Liang, and IC Development Fund. My principle is that the valuation of financing should not be too high, and don't put too much pressure on Huijia International and Hi-Tech Venture Capital Fund."
The palms and backs of the hands are full of flesh, so Populus euphratica must be fully balanced.
"Okay, I'll go find Mr. Xia in the afternoon."
Meng Rusong got up to leave after eating and drinking.He must be in a good mood today. With the financial support promised by Hu Yang, he will definitely build Xintong International (Made in the South) into a world-class wafer production plant.
A week later, Xintong International, Huijia International Investment, High-tech Venture Capital Fund, and Integrated Circuit Development Fund (Phase II) signed an agreement to initiate the establishment of Xintong International (South Manufacturing) Co., Ltd. in Shenhai Investment Building.
Among them, Xintong International invested 100 billion yuan and injected the existing factory located in the deep sea into the new company.
Huijia International Investment invested 300 billion yuan, Hi-Tech Venture Capital Fund contributed 300 billion yuan, and Integrated Circuit Development Fund (Phase II) contributed 300 billion yuan.
Xintong International’s shares in South Manufacturing accounted for 40%, and Huijia International Investment, Hi-Tech Venture Capital Fund, and Integrated Circuit Development Fund’s shares accounted for 20% each.
The chairman of Xintong International (South Manufacturing) Co., Ltd. is Meng Rusong, who also serves as the company's general manager.
The company's board of directors has five seats, of which Xintong International has two seats, Huijia International Investment, Hi-Tech Venture Capital Fund and Integrated Circuit Development Fund (Phase II) each have one seat.
In fact, the Huijia department has 4 seats in the new company and occupies an absolute controlling position.
Before the National Day, Xintong International followed Taipower in announcing the news of the successful development of a new generation of process technology, and they made the same decision to realize risky mass production when the new year comes.
For the new generation of process technology, Nucom International has invested huge manpower, material and financial resources, and finally won the key technology node of 28nm.
Speaking of which, the successful research and development of the new-generation process technology of Xintong International is a little later than that of Taipower.But the two announced the news, only a week away.
Some people in the industry pointed out that in fact, the research and development speed of Xintong International is not slower than that of Taipower, and the time of one week is almost negligible.
(End of this chapter)
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