Return To 1990

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It took Lu Feng a long time to drive her out. When Su Yourong left, she stood at the door quite unhappy and said to Lu Feng, "Don't raise money after the New Year."

"Does United Capital rely on this for financing?" Lu Feng asked angrily.

"You have to rely on this to get financing from me!" Su Yourong snorted and went back to his room with a bit of arrogance.

On February 4th, there were only three days left before the Chinese New Year. Jiang Xiaoyan took Duoduo back to her hometown. The old Jiang family was surrounded by people. Not only relatives and friends, but also most of the village came.

The eldest sister who was once the hardworking and hard-working elder sister in the family has now become the glory of the whole family. With the sound of crackling firecrackers, Jiang Xiaoyan's car drove in, got out of the car and greeted everyone politely.

The Tianjin factory will open next year and will need a large number of workers. Anyone who has some connection with Jiang Xiaoyan will agree to go to work in Tianjin after the New Year.

Within two days, people from the county and city came, hoping that Jiang Xiaoyan would open a small factory here to stimulate employment. The two parties talked for a long time, but there was no substantial progress, except to bring glory to the Jiang family.

This year is definitely the most glorious year for the Jiang family. There is an endless stream of people coming to visit every day. Who from all over the country doesn't know that the daughter of the Jiang family is not an ordinary person.

Duoduo also became the king of children in the village. No one dared to mess with her among the many children. Plus she had money in her pocket, so she invited everyone to the canteen to spend money. This allowed the children in the village to see for the first time what it means to be rich.

Su Yourong coaxed Lu Feng's parents around. Apart from nagging a few words and asking Lu Feng to get married as soon as possible, everything was fine.

After all, Shenzhen, a modern city, was too big for them, and everything seemed so novel. Under Su Yourong's sweet words, they didn't have much time to pay attention to Lu Feng in a day.

In a blink of an eye, it was New Year's Eve, and it was still the same as before. Firecrackers were set off, and after the New Year's Eve dinner, we started watching the Spring Festival Gala. When Huang Hong's sketch "Shoe Nails" was performed, in which Gong Hanlin's leather shoes cost 1,000 yuan, the two elders were dumbfounded and dared not I believe there are such expensive shoes.

"Leather shoes that cost 1,000 yuan each are not that expensive. There are even 5,000 yuan shoes." Su Yourong looked at Lu Feng's leather shoes at the door and said, "Lu Feng's pair of shoes cost more than 10,000 yuan."

The second elder was shocked and speechless.

The three of them were sitting there chatting about commodity prices. Lu Feng saw the great changes in this era from this sketch. The gathering place for street vendors such as spike shoes was occupied by the automobile city. Commercial development was from top to bottom. When ordinary people at the bottom Already have a huge sense of business.

It shows that this round of transformation and upgrading has become mature. Just like in later generations, when remote mountain villages know the popularity of some consumer goods, software, and entertainment, it means that these things have reached the peak of expansion, and then they will flourish and then decline. .

A few years ago, Lu Feng asked Jiafeng Group to deliver color TV sets to villages and towns. At that time, Jiafeng’s series of innovations, such as door-to-door delivery and seven-day replacement guarantee, were eye-catching innovations. Now the color TV market in villages and towns has It's a red sea.

In fact, after 1997, the domestic consumer market became more and more complete. In the following years, not many new things appeared. Most of the time, prices were adjusted. It was not until the emergence of new consumption points such as the Internet and PHS that we found The door to another era.

Strictly speaking, there was a full six or seven years in between, which was a vacuum period in the consumer market.

As Unforgettable Tonight sings amidst the explosions of fireworks, another year has passed and the Year of the Ox has arrived.

On the first day of the new year, Lu Feng paid New Year's greetings to many people, including Prince Maha, Sean, the president of Nokia, the president of the university, some people from above, etc. Su Yourong took the two elders to Hongfa Temple to burn incense, so Lu Feng was free.

The New Year is almost over, and Lu Feng’s phone is busy again. The R\u0026D company needs more budget in the new year. The chip factory’s production volume cannot even earn back the wages of employees. Before the New Year, Lu Feng asked Liucheng to estimate After a while, if the chip factory and various supporting factories are all put into operation this year.

Coupled with the R\u0026D budget, at least 500 million U.S. dollars are needed. The previous 500 million U.S. dollars allocated by the group were used by Liucheng to order a batch of experimental equipment. At the same time, the wafer factory also needed to order a batch of equipment. This kind of equipment can I bought it, but the price sold domestically was more than twice that of other international manufacturers.

The single crystal furnace, vapor phase epitaxy furnace, and oxidation furnace in the factory are still purchased from Baosteel. The problem is that the equipment is not accurate enough and I want to replace it with better equipment.

Personnel is also a problem. To become a semiconductor company, an R\u0026D company needs highly educated personnel. Now, if you want to compete with other companies for talents from domestic first-class universities, the salary of an intern will not be less than 3,000 yuan. This salary was in 1997 In such an environment, it is definitely not something that ordinary units can afford.

All things considered, five hundred million is really not much!

On the tenth day of the first lunar month, the two elders felt that Lu Feng and Su Yourong couldn't get together because of their presence, so they proposed to leave. Lu Feng asked them to wait until the fifteenth day of the first lunar month before leaving.

At around nine o'clock in the evening, Lu Feng was sitting in the study sorting out some documents. Su Yourong opened the door, stood at the door and said, "I have to go back tomorrow."

"Very good. Let's make preparations when we get back. There's something I've always wanted to ask you. How much do you think the current valuation of an R\u0026D company can be?" Lu Feng asked.

"How much do you want?" Su Yourong asked.

"I want 10 billion!" Lu Feng said with a smile.

"Don't dream of a valuation of tens of billions of dollars. You really think this is Jiafeng Group. Besides, I still don't understand how you got Schroeder Group to accept a valuation of tens of billions of dollars." Su Yourong asked curiously.

"Sometimes the value of a company is not just money, but more strategic needs. I have a good relationship with a girl named Lewinsky. We have been communicating on the phone in the past few years. In the past few years, I have been able to travel around the world and be... Being wanted and safe is certainly not just about money.”

"Sometimes, I play the role of an underground broker in various countries around the world." Lu Feng sorted out the folders and asked, "What do you think the valuation of the R\u0026D company is now?"

"I don't have access to your circle. In my case, the maximum price is one billion US dollars, or seven or eight billion Hong Kong dollars. Even at this price, for investors, the risk is extremely high. Those who invest will not have the opportunity. Research and development The most fatal thing about the company is that you have no profitability and you cannot become a global leader." Su Yourong looked at him seriously and said, "No one believes you can succeed."

Lu Feng smiled, stared at her and said, "You don't believe it either?"

"It's useless whether you believe it or not. I don't invest. United Capital is a financial company, not an investment company. What's more, your project is something that ordinary investment companies dare not enter. It requires venture capital, and it has to be a big venture capital!" Su You Rong thought for a moment and said, "When I introduced it to those investors, I valued you at HK$3 billion!"

"Less than US$500 million?" Lu Feng couldn't help laughing and said, "Low!"

"Then there's nothing I can do."

"Let's talk after we get there!" Lu Feng stood up and said, "Let's rest first."

Lu Feng knew that after the R\u0026D company lost its group headquarters, its valuation would plummet, but the price of three billion Hong Kong dollars was somewhat unacceptable to him.

A research and development company needs at least two years of independent time. These two years require a lot of money, but even venture capital will have a headache when seeing this kind of project.

Lu Feng chose to go to Xiangjiang for a simple purpose. The R\u0026D company needed a nanny. He wanted to get United Capital and be responsible for blood transfusions for the R\u0026D company.

At first, Lu Feng wanted to take control of Sun Hung Kai. He carefully calculated it. Not to mention that Sun Hung Kai was relatively large. The most important thing was that with Lee Shau Kee inside, it would take too much strength to take it down.

United Capital is different. Mr. Chen is no longer alive. Several shareholders of United Capital are not very powerful figures in Hong Kong. Moreover, Lu Feng heard that they have plans to cash out and leave. In addition, the secondary market Buying some stocks basically gives you control of the business.

Lu Feng was not surprised that Su Yourong gave such a low valuation to the R\u0026D company. In terms of factories, equipment, and technology patents alone, the R\u0026D company was worth one billion U.S. dollars. She gave such a low valuation just because she wanted to put her hand in. .

She has never been willing to do one thing, and there are many large financial companies in Hong Kong. It is not easy for United Capital to break out of the encirclement and grow.

Su Yourong had talked with Lu Feng a few days ago about the financial market control issues after Xiangjiang returned. She wanted to use Lu Feng's hand to suppress other companies, but Lu Feng neither agreed nor refused.

After talking about the development of domestic semiconductors, Lu Feng was very optimistic about the prospects of products such as chips, storage, and motherboards, especially major consumer groups such as data networks, broadband technology, wireless transmission, and personal computers.

Su Yourong only wants to invest in a R\u0026D company at a low price and use the next few years to prove the value of the R\u0026D company. If it fails, she will not lose too much with a low-valuation investment of 3 billion Hong Kong dollars. Once successful, Then she will become the semiconductor queen of Asia!

The two of them have a clear mind. They all know what the other is thinking, but they must cooperate. The game is about conspiracy to see who can outsmart the other.

After Su Yourong left, the two elders talked about it for several days. The fifteenth day of the first lunar month passed in a blink of an eye. The two elders took a plane back. Lu Feng called Jiang Xiaoyan. The other party said that he would not be able to go back until he was seventeen. Duoduo would also start school by then. She asked her aunt not to come after the Chinese New Year, so she asked her second cousin to take care of Duoduo.

"Then I'm going to Xiangjiang. I'll come back to see the kids when I have time." Lu Feng said into the phone.

"Okay, I'm busy too. Come back two more times when you have time. There's something going on here, so I'll hang up first." After Jiang Xiaoyan said that, she hung up the phone.

Lu Feng put down the phone and called Wei Yandan. They had all arrived in Xiangjiang for a week. The staff had been recruited almost, and all departments were basically complete. The only thing left now was whether the R\u0026D company should be merged into Hurricane Capital. .

"Go in and change the name of the R\u0026D company to Hurricane Semiconductor. Put all my shares in Jiamei and Minsheng Bank under the name of Hurricane Capital. I will be there the day after tomorrow!" Lu Feng ordered towards the phone.

After hanging up the phone, Lu Feng took a deep breath, stood up and muttered.

"Just play with the big ones. The fish will be anxious if there are too many baits!"

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