Technology company, I will become the light of China!

Chapter 109 Multi-line development, 500 million fund gap

“Hello Mr. Chen, after verification by our backend system, Longxing Silicon Industry and Longxing Chemical can be used normally.”

Longxing Silicon Industry

Longxing Chemical

Semiconductor silicon wafers and photoresist must be grasped with both hands. If raw materials cannot be solved, chip production will still be stuck.

After the company’s name was verified, Chen Xing directly called Wei Yan and asked a lawyer to draft an equity holding agreement.

The original idea was to let Wei Yan take over the Geek Series sub-brand, but on the plane, Chen Xing thought about it carefully, and the industrial end may need the capabilities of red-quality talents more.

Only by solving the industrial side as soon as possible and forming a rivalry with Loongson International can he sell his mobile phones with peace of mind.

The most important thing is that Wei Yan and Chen Xing have no blood relationship. They are still Chinese. It is too difficult to trace the truth. They are the best candidates to cultivate Anzi.

Now the Western world is waiting for Longxing Technology to prove itself. Any troubles caused by Chen Xing may be under their watch. It is necessary to find someone to hold the company on their behalf.

Wei Yan rushed to the Industrial and Commercial Bureau, understood the whole story and readily accepted it. He agreed to register”Longxing Silicon Industry” and”Longxing Chemical Industry” in his name. While receiving the”Notice of Pre-approval of Enterprise Name”, he also gave full authority to Responsible for the registration application of two companies

Because it involves equity holdings, Chen Xing doesn’t dare to be careless in the slightest.

He asked lawyers to draft four agreements in total,”Agency Holding Agreement”》、《Investment certificate》、《Register of shareholders》、《”Letter of Commitment to Unconditionally Restore Shareholder Status”. With these four supporting documents, Longxing Silicon Industry and Longxing Chemical Industry can firmly control the

After all, Wei Yan is a born rebel, so Chen Xing has to be careful

It is worth mentioning that Bantian Wasteland is located in the urban area and cannot build factories that emit toxic gases such as silicon wafers and chemicals. The only option is to choose Tengfei Industrial Park in the suburbs of Shenzhen City and rent their sites to apply for companies.

There are also benefits to renting industrial park space. In order to attract investment, parks often provide one-stop company registration services.

……

When Wei Yan was responsible for the registration and review of the two raw material companies, Chen Xing was not idle and returned to the company to calculate the funds needed for development.

CEO’s office

He opened his mailbox

Yu Yuehui, CEO of Shanghai Silicon Group, acted very quickly and sent the equipment quotation as an attachment.

12-meter imported graphene thermal purification furnace × 3, quoted price is 24 million

Imported CZ crystal growth furnace × 2, quoted price 17 million

“All tens of millions…”

Chen Xing couldn’t help but be amazed

Imported stuff is so damn expensive!

In addition to purification furnaces and growth furnaces, there are also wire cutting microtome, CMP chemical mechanical polishing equipment, ion implantation equipment, optical detection equipment, CVD chemical vapor deposition equipment, and PVD physical vapor deposition equipment.……

Scroll down the attachment list to the bottom. The total quotation of Shanghai Silicon Group is 270 million. This is just for the laying of a single production line.

The ticket to silicon wafers is just four words.…

It’s so expensive!

But no matter how expensive it is, Chen Xing has to make arrangements.

Without an industrial base, production of raw materials requires a high degree of reliance on imports.

This is equivalent to building a house without laying a foundation. No matter how luxurious the house is, it will collapse and sink within ten years.

If you want to compete with Loongson International, you must master the production and production of semiconductor silicon wafers and photoresist.

The photolithography machine cannot solve it for the time being, but silicon wafers and photoresist can still solve it.

After checking the quotation of Shanghai Silicon Group, Chen Xing opened a second email, which was a purchase list of information and communication laboratory equipment sent by Wang Yan, a golden quality talent in information and communication technology.

Network analyzers, spectrum analyzers, oscilloscopes, signal generators, antenna and RF test equipment, protocol analyzers, EMC electromagnetic compatibility test equipment……

The same quotation sheet was drawn to the end, and the total quotation was 85 million!

In addition to equipment, there is an additional 50 million start-up capital for 5G network research and development, with a total expenditure of 135 million!

The total quotation list of the two emails has reached 405 million.

besides

There are four more quotation emails in the mailbox.

In the first letter, Chen Yapeng personally supervised the construction of Bantian wasteland. He also compiled the preliminary construction cost quotation of the base.

For expenses such as reinforced concrete, excavators and tower cranes, purchase of green plants, and architectural design, 220 million will be invested in the early construction.

If the construction is carried out according to the plan, several times more funds will be invested in the future.

The largest proportion of the 220 million construction cost is the R&D building. Chen Xing plans to build three 20-story R&D buildings to form a U-shaped experimental R&D area.

The second letter is about the centralized procurement of Longxing X1 parts. The quotation compiled by Zhou Zhaoji does not have much price fluctuation with the last review by Chen Xing. It requires 400 million yuan to invest in production and is expected to produce 250,000 mobile phones.

The third letter is an application form for R&D funding for the next quarter sent by Su Chen, a purple management talent responsible for organizing funds for each laboratory.

The total R&D funds requested for the chip laboratory, battery materials laboratory, fast charging laboratory, operating system laboratory, audio speaker laboratory, mobile phone screen assembly R&D laboratory, and photography optics laboratory are 320 million, of which photography Optical laboratories account for 75 million to update research and development equipment.

Fourth letter, Guancheng factory expenses, equipment maintenance fees, workers’ wages, water and electricity expenses, etc., total expenses 12 million

“call——”

After checking his emails, Chen Xing leaned on his office chair and sighed.

Sure enough, enterprise development is inseparable from money. At present, every step taken by Longxing Technology requires a large amount of capital investment.

From September to December, after selling Longxing X1 mobile phones for three full months, plus 100,000 units of brilliant X1 mobile phones sold out, and including the national chip support fund of 200 million, Longxing Technology’s book capital reached 1 billion. I thought it was enough, but I didn’t expect there was still a funding gap of nearly 300 million.

This does not include Longxing Chemical. The development of photoresist also requires the purchase of equipment, which is expected to cost 100 to 200 million yuan.

There is a funding gap of about 500 million, which Chen Xing must make up as soon as possible

Whether it is the construction of Bantian wasteland, the allocation of R&D funds, or the development of Longxing Silicon and Longxing Chemical, every step must be experienced.

Without the silicon industry and chemical industry, it would be impossible to compete with Loongson International, and purely domestic chips would be far away.

Without R&D funding, laboratory equipment cannot be updated in time, and experimental materials will not be available. Without them, it is impossible for scientific researchers to rub their hands, right?

If technology cannot stay ahead, can Longxing Technology Company still be called a technology company?

There is also the construction of Sakata Wasteland. Even if other construction is stopped, the three R&D buildings must be completed as soon as possible. The purpose of its construction is to complete the transfer of scientific research personnel and expand the scale of the laboratory.

“We need to get money as soon as possible”

Chen Xing murmured to himself

Is one billion in the book a lot?

At the beginning, he really felt that one billion dollars was indeed a lot of money. Ordinary small businesses would never have so much money in their lifetime.

But as the business develops, one billion funds are simply not enough.

Technology companies, especially those in the field of semiconductor chips, spend one billion dollars, which is really about the same as ten yuan.

CEOs in the semiconductor field such as Ren Guofei, Gao Yongming, and Liu Wei have all said in public that the chip industry is too deep. If tens of billions are thrown into it, it will only make a sound. I really don’t know whether it will have any effect.

Chen Xing was skeptical before, but now he believes it

He will spend 270 million yuan on the equipment to manufacture silicon wafers alone, not including raw materials, which are also an expense.

In addition to silicon wafers, there are also photoresists, developers, etching fluids, cleaning fluids, etc. These are just the basic materials.

How much does it cost to manufacture lithography machines and produce tens of thousands of precision parts?

The chip and semiconductor industry is indeed an industry where as long as you master a certain link, you can make a lot of money.

After calculating the funding gap, Chen Xing called his secretary on the internal phone

“Tread——”

Xia Wei, wearing high heels and still wearing a business hip-hugging skirt, walked into the office and asked,”President, are you looking for me?”

“Um”

Chen Xing responded and ordered:”Go to the marketing department and tell Yao Nana that the price of the Longxing X1 mobile phone has been raised to 1,799 yuan, and ask them to re-create promotional posters and marketing methods.”

The profit of 100 is mentioned as 200 yuan, and the price increase is only 6%. Users should be able to accept it. After all, it has Star Flash fast charging and Kaitian baseband chip. The 1,799 yuan Longxing X1 is still very good.

Xia Wei:”I’ll do it right away”

loadAdv(7,3);

“correct”

Chen Xing stopped her again and added:”In terms of insurance, you ask the marketing department to fully launch it. Yao Nana knows”

“good president”

“That’s all, go ahead”

Xia Wei nodded, turned around and walked to the marketing department floor.

In addition to making money from selling mobile phones, you can’t let go of the money from selling insurance.

Generally speaking, 80% of mobile phone insurance is pure profit.

The total price of the screen is 300 yuan, and the insurance charge is 120 yuan. Even if 50% of the insured users have a broken mobile phone screen, Chen Xing can still make money by sending it back to replace the original one!

But 50% of users have screen crashes?

is it possible?

The Longxing X1 uses a Korean M series screen. The screen itself is of good quality and will not break after being dropped once or twice.

Now the company is short of money for development, so insurance such as broken screen insurance, battery insurance, and complete machine insurance must be arranged for the next batch of Longxing and Cancan series mobile phones. The profit can be increased by 100-200 yuan, which is higher than the profit of the Longxing X1 mobile phone. Got it

In addition to profit from selling mobile phones and insurance, on the enterprise side of Internet software, pre-installation and listing fees also need to be discussed again

Now that the funding gap is so big, these means of profit cannot be relied on in the short term, and we still need to rely on the power of banks.

No matter what kind of enterprise development it is, it must be inseparable from banks.

Chen Xing took out his mobile phone, looked through the address book list, found the number of Fan Zhenhua, the president of Shenzhen Commercial Bank, and dialed it.

……

Noon the next day

Shenzhen Commercial Bank entrance

With shiny hair, a suit and leather shoes, and a pair of gold-rimmed glasses, the elegant bank president Fan Zhenhua stood in the cold wind, looking around at the passing cars.

The cold wind blew and he shivered

“Why haven’t you come yet?”

Fan Zhenhua rubbed his hands, his ears were red from the cold

Beside him, two lobby managers with fat heads and big ears and shrewd eyes accompanied him.

“President, why don’t you go back and we’ll receive Mr. Chen for you?”

“Yes, President, it’s really cold today. We’ll notify you as soon as Mr. Chen arrives, so don’t freeze your body.”

The two managers looked concerned

Fan Zhenhua shook his head and continued to look at the passing cars:”You don’t understand. I am standing here superficially. Do you know how much technology companies generally borrow?”

“How much… how much?”

Managers trembled with cold

“Let me tell you this, if we get this deal with Longxing Technology Company, this year’s loan task will definitely be exceeded. You can just wait to get the double year-end bonus!”

Fan Zhenhua blew into the palm of his hand and said

The words just fell

The two lobby managers stopped shaking. They seemed to see the year-end bonus waving.

Anyone who has worked in a bank knows that banks are not afraid that companies will not repay the money, but they are afraid that no company will seek loans from them for development.

Loan it out and everyone will be happy!

If there is no business loan, the bank will be in big trouble!

The annual performance will definitely not pass. If the annual performance does not pass, there will be no year-end bonus. Not having a year-end bonus is not the worst part. Some banks even require employee loans to make up for the data.

As for corporate thunder?

That’s not what the bank manager has to think about!

Under the expectant gazes of Fan Zhenhua and the two lobby managers, a black Mercedes-Benz slowly drove into the parking space in front of the bank. The three of them immediately looked at each other. The two lobby managers were very understanding of people and immediately directed the parking.

“The location is enough!”

“Hey, you can come in! You can come in!”

“Get back on track!”

“fall! fall! fall!”

“stop!!!”

The vehicle stopped and Chen Xing unbuckled his seat belt and got out of the car. Fan Zhenhua stepped forward quickly and welcomed with a smile:”Mr. Chen, no, I should call you Mr. Chen. Your driving skills are so good. Come on, come on, our bank Please come in”

Chen Xing looked at his frozen red ears and said with a flash of surprise:”President Fan, you won’t be waiting outside for a long time, right?”

“No, no, just for a while”

Fan Zhenhua made a gesture of invitation, and the two lobby managers beside him quickly smoothed things over:

“Yes, I just stood there for a while”

“Mr. Chen, please come in. Our president misses you so much.”

They say banks are superior, but that’s just because ordinary people have no bargaining chips and no interest-binding relationship.

For big customers like Chen Xing, they are eager to pick them up at their door.

Seeing these flattering faces, Chen Xing was already used to it and smiled:”Then let’s go in and talk. It’s quite cold outside.””

“please”

“Mr. Chen please”

Four people enter the bank

Fan Zhenhua took Chen Xing directly to the president’s office and then closed the door, giving him enough space for private conversation.

“Mr. Chen, wait a moment. I’ll make you a pot of good tea to warm you up.”

He skillfully poured water and rinsed the tea sets on the tea tray

After the business process of making tea was completed and both parties took a sip of tea from each other, they slowly started talking about business.

“Mr. Chen wants a loan?”

Fan Zhenhua smiled and got straight to the point.

Chen Xing nodded, took out the land supply documents and land certificates and said:”There are some shortcomings in the capital chain for wasteland construction.”

“There is collateral, easy to say!”

Fan Zhenhua’s eyes lit up. He picked up the land supply documents and three or four land certificates and looked at them carefully.

It is no exaggeration to say that the corners of his mouth are now harder to suppress than AK.

When the state provides land for construction, these items are used as guarantees and mortgages, which is equivalent to this loan. The bank has zero risk.

You borrow money to build

Not paying back the money?

Just take over the land and that’s it!

Loans with collateral can often lend huge amounts of money

“The construction of 200,000 square meters of land requires a conservative investment of one billion. Mr. Fan, please help me find out how much I can borrow. If it is suitable, I will lend it to you.”

Chen Xing said lightly

His words also imply that if the amount provided by the commercial bank is not enough, then he has alternative bank loans.

Mortgage of 200,000 square meters of land is a big enough bargaining chip!

Fan Zhenhua is also an old fox. How could he not hear the subtext in his words? He quickly replied:”I understand. I will find someone to calculate the amount now. Mr. Chen, please wait a moment.””

(End of this chapter)