Xiaomi Heavy Industry, its first entrepreneurial venture!

Chapter 562 Xiaomi Heavy Industry Jinling Semiconductor! (Second Update!)
Seeing Jiang Daqiao's recklessness, Lin Yi held up one finger: "You'll start to see profits after one year, but you'll lose more than you earn within the first three years. After three years, the technology will be basically stable, and you can conduct targeted research and development and develop targeted products."

"I can't guarantee that I'll make money in the third year, but at least I can make money within five years."

"As for the investment of funds and land, the land is at least 2000 mu (approximately 333 acres), that is, at least."

"Finally, there's the funding. It's estimated that we'll need to invest around 50 billion yuan annually, all in cash!"

He emphasized the word "cash".

It was emphasized specifically.

He originally thought he would scare Jiang Daqiao, but after listening to his words, Jiang Daqiao was not frightened. Instead, he took out a notebook and pen from his briefcase, quickly opened it, and searched for something in the notebook.

Before long, he found what he was looking for.

This is an excerpt from a research report on the chip-related industries in Nanjing.

According to the latest global social financing data, global semiconductor sales in 2010 were approximately US$2983 billion, which, at the exchange rate on the date this report was completed, is equivalent to approximately RMB 19727.17 billion, representing a year-on-year increase of approximately 32.4%.

Among them, the sales revenue of the domestic integrated circuit industry reached 1424 billion yuan, a year-on-year increase of 33.3%.

With this, my country has become one of the world's leading semiconductor consumer markets.

The integrated circuit industry (commonly known as the chip industry) has tremendous potential for the future, and can bring substantial tax revenue and employment to regions and countries.

Similarly, it will give us a greater advantage in development competition.

To break into the semiconductor industry, we first need to increase investment in research and development, utilizing substantial funds and manpower to overcome foreign professional barriers, bridge our technological gap, and enable us to achieve a leapfrog development.

In addition, we need to establish a seamless pathway between industry, academia, and research, allowing industry to provide feedback to research, and research to provide feedback to universities. Universities can then cultivate and manage talent based on industry needs and intentions, preventing talent loss.

Only with enough people can we conquer the semiconductor industry...

After staring at the report for a while, Jiang Daqiao pressed down hard on the notebook with both hands to flatten the pages, then handed the notebook to Lin Yi:

"This is a partial excerpt of our research findings on related industries. Take a look."

Lin Yi took the notebook, glanced at it from top to bottom, then took the pen from Jiang Daqiao and circled a large area related to talent:
"This is the main problem that needs to be solved!"

"The person in charge of the special alloy factory I run is a junior from my school whom I recruited. He himself is a materials scientist. He takes on the work of the special alloy factory, providing technical guidance and conducting research. He got up to speed very quickly."

"But the semiconductor industry is different; it requires higher precision and more things."

“I can provide technical guidance, but I can’t provide technical guidance indefinitely. I need people to engage with this work.”

"According to my estimate, the construction of related factories and equipment will require a total of about 130 billion yuan."

"That is, the cash I just mentioned."

“In the early stages, we can produce chips that do not have high requirements. I believe that with our technology, the quality will definitely be guaranteed and we will definitely be able to capture a significant market share.”

"We won't get rich, but we won't starve either."

"The first two or three years will be exceptionally difficult. Once the talent is trained, the relevant workflow will be accelerated, and higher-performance control chips will be produced."

"The products produced will also have stronger performance."

"At that time, we can confidently and boldly seize other people's profits to support ourselves."

"Moreover, in three to five years, the overall usage of electronic products will increase significantly, and the demand for related chips will also increase significantly, which is equivalent to making money while lying down."

"Now, it all depends on whether Secretary Daqiao dares to take a gamble."

Dare to take a gamble?
Jiang Daqiao silently asked himself a question.

After asking himself the question, he laughed.

He smiled and spoke to Lin Yi:
"Sorry, there's no betting involved."

"What we have are just plans for the future and forward-looking predictions for future development. They are just scientific experiences summarized based on objective laws, not gambles."

"Judging from the current global development trend, the world will indeed rapidly enter an intelligent and electronic world in the next decade."

"I trust Mr. Lin's judgment!"

Lin Yi chuckled twice, picked up the teacup on the table, and raised it to Jiang Daqiao: "Secretary Daqiao is right. There's no betting involved. It's just a prediction of future development based on scientific experience."

"Since this is a prediction, how should Secretary Daqiao solve the funding problem?"

"Don't worry about the funds!" Jiang Daqiao shook his head, picked up the tea with both hands, and slowly drank the lukewarm tea.

The lukewarm tea swept away all his worries as he swallowed it.

"I think if we use the factories around Nanjing that need to be demolished as a price, the province should be happy to provide a sum of support funds."

"As long as the project can be launched smoothly and bring certain results, even without the need for profit, but with the need to bring about change, we can apply for funding from the province or even higher levels."

"Therefore, the focus of the project still needs to be on you, Mr. Lin."

"Can you really guarantee that you'll have a product within a year?"

Seeing that Jiang Daqiao had made his decision, Lin Yi shifted his attention from the other person to the teacup in front of him. He slowly toyed with the teacup, calmly saying:

"Has Secretary Daqiao ever told me a lie?"

No!

Jiang Daqiao silently gave himself an answer.

From the moment Lin Yi's name appeared before him, everything he heard and saw was that this young man's word was law, and whatever he said was the final word.

I have never seen him lie.
He even solved the most difficult problems.

As for semiconductors...

It's difficult to master this completely, but if you only master a part or a small part, then the difficulty is not great for Lin Yi.

If this small part yields results, the subsequent funding application will be much simpler.

Having sorted things out, Jiang Daqiao stood up and extended his right hand to Lin Yi:
"Mr. Lin, on behalf of Jinling, I, Jiang Daqiao, welcome you and invite you to invest in Jinling!"

He stood up, and Lin Yi stood up as well.

The two clasped hands and shook them gently.

Sitting down again, Jiang Daqiao picked up his notebook, turned to a new page, and began to speak, pen in hand:
"Since we're going to cooperate, let's talk about the shareholding issue first. With such a large investment, and state-owned capital needing to hold more than half of the shares, we'll definitely be the majority shareholder. So, we'll hold 51%, is that alright?"

After Jiang Daqiao finished asking the question, his heart started pounding. He had heard about the cooperation methods between Lin Yi and Gusu, as well as Lin'an.

Suzhou's support is simple: tax breaks and employment.

Lin'an, on the other hand, took a step back and ceded the initiative to Xiaomi Heavy Industry. If Lin'an could take the initiative, it would be able to thoroughly mock these two.

By the time……

Hey!
Just as Jiang Daqiao was lost in his idyllic thoughts, Lin Yi tapped the table with his hand:
“Secretary Daqiao, just a reminder, I also have another identity: Director of the 80515 Research Institute.” “Not only are you qualified to take 51%, but I am too!”

"Furthermore, since I have the technological advantage, I must maintain absolute control."

"We want at least 51% of the shares. In addition to providing technology, we will also provide connections and some funding."

"This is all money!"

Reminded by Lin Yi, Jiang Daqiao suddenly remembered the shipyards on the Yangtze River.

At that time, the shipyard almost fell into my lap, it fell into Nanjing.

But we just missed it.

Just thinking about it now makes my heart ache.

After carefully considering what Lin Yi said, he sighed and decided to take a big step back.

“I’ll take the initiative. Jinling will hold 45% and you will hold 55%. With this shareholding ratio, you will have absolute say in technology and other aspects.”

"I don't ask for much. I just want to create enough jobs and generate enough tax revenue for Nanjing in the future."

"The shareholding ratio has been set. I would like to ask how you plan to solve the equipment problem. This is very important. If we want to take it over to the provincial level, this point needs to be emphasized."

An army cannot move until its supplies are ready; even the most skilled cook cannot cook without rice, let alone a pot.

Lin Yi naturally understood this principle.

He asked Jiang Daqiao for his notebook, took a pen, and started adding content to Jiang Daqiao's notebook, explaining as he did so:
"Currently, the mainstream chip manufacturing process worldwide is between 40 and 45 nanometers."

"A small number of companies can manufacture 32-nanometer and 28-nanometer chips."

"Intel, for example, has already begun developing 22-nanometer chips."

"We don't need to catch up so aggressively. Our primary goal is to establish our business and sell our products."

"Therefore, our primary focus is on chips manufactured using the 65-128 nanometer process."

"Because the chips we use most often now are mainly in this price range."

“These devices are readily available internationally and are not difficult to purchase. Moreover, I have a friend who can help me acquire chip manufacturing equipment for 65-128 nanometers.

The friend Lin Yi mentioned was naturally Dmitri.

Given this guy's greed, he'd probably be happy to smuggle a few pieces of equipment used to manufacture chips and make some money for himself.

Lin Yi's vision was unwavering. Jiang Daqiao was curious about his friend's abilities, and before he could even speak, Lin Yi interrupted him:

"Do not ask!"

"Ask America about what the CIA is investigating; they don't need to concern themselves with that!"

Jiang Daqiao's eyes widened when he understood what that sentence meant.

Years ago, when he was young, he had heard about America and the Soviet Union's embargo against China.

Now, the Soviet Union is gone, but America is still there, and America has been secretly restricting related equipment manufacturers.

Officially, they say, "It's none of my business if you buy it," but behind the scenes, they're doing the censorship work more diligently than anyone else.

If Lin Yi could use his connections to buy equipment from abroad and ship it back to China, then he wouldn't even need to ask for funding for the subsequent research and development projects; the higher-ups would approve it on their own.

The fact that Lin Yi brought this up means he's definitely capable of getting the item back.

Do not worry!

Jiang Daqiao closed his eyes, exhaled deeply, and asked his last question of the day:
What should our company name be?

“Xiaomi Heavy Industry Jinling Semiconductor, a very catchy name!” Lin Yi uttered a name, while gripping the pen in his hand and writing it down.

Jiang Daqiao was very satisfied with the neat and uniform names.

He took the notebook back and read through everything Lin Yi had written from beginning to end.

After reading it, he was even more satisfied.

He carefully put the notebook away and extended his right hand to Lin Yi:

"Then, Mr. Lin, it's settled."

"We provide the venue and funding, and you provide the technology and some funding. Together, we will harmoniously build a semiconductor industry base!"

"Let the whole world know how powerful we are!"

Lin Yi also extended his right hand, shook Jiang Daqiao's hand, gave it a gentle shake, and then immediately let go:

"Then I'll wait in Suzhou for good news from Secretary Daqiao!"

"Okay, I'll have my people hurry up and try to compile a report based on what we just discussed during the New Year holidays. Once construction starts after the holidays, I'll submit it as soon as possible. After the project is successful, I'll come to Suzhou in person and give Qin Chao a good thrashing."

Jiang Daqiao started grinding his teeth when Qin Chao was mentioned.

After grinding his teeth for a while, he took out his phone to check the time and realized it was already past 10 p.m., then suddenly slapped his forehead:
"Mr. Lin, look at my memory! Tomorrow is New Year's Eve, and I'm sorry to make you work overtime at this time."

"We'll leave first!"

"goodbye!"

The two of them walked ahead, and Lin Yi followed behind. They escorted them to the outside of the courtyard, but he couldn't find their car. He followed them for several hundred meters before finally finding the car parked by the roadside.

The vehicle started, turned around, and drove west.

Watching the car disappear into the night, Lin Yi stretched and walked towards the Ji family's courtyard.

When they reached the door, they found Ji Shuangshuang standing there, her eyes darting around, her head turning left and right as if she were guarding against a thief.

"What are you looking at?" Lin Yi leaned closer and asked in a low voice.

A low sigh escaped Ji Shuangshuang's lips. She glanced around to make sure no one was there before returning to the courtyard and closing the gate.

While closing the door, he complained:
"It's the Lunar New Year, and they still can't give us peace of mind. Who can afford to miss a few minutes of work? Can't we wait until after the New Year to talk about it?"

Seeing her puffed-up face, Lin Yi reached out and poked her hair:
"Remember, these few days are the Lunar New Year."

"The Chinese people value the fact that he is still a child, and it's the New Year, so it's quite pitiful."

“During the Lunar New Year, even the most ill-tempered person will lead the visitor into their room and offer them a glass of water.”

That's why they came!

Finally, Lin Yi pointed to his own nose and said, "Of course, more importantly, your husband is awesome!"

(End of this chapter)