After Jing Gao met An Xiaoqian in Jingzhou, he did not leave immediately. Instead, they formally negotiated the "Suzaku" chip manufacturing project in Jingzhou and Handong Province. The two sides hit it off immediately. Soon, the general framework was negotiated on December 15 and a cooperation contract for the next tens of billions project was signed.
Phoenix Fund's initial capital of US$100 million has been transferred from the Bank of East Asia's account to the account of Universe Bank in Handong Branch. There is no need for the government to advance funds or seek bank financing for the preliminary project, which can be said to be full of sincerity.
That night, Handong held a banquet in the "Handong Building" to celebrate the signing of the contract and cooperation between the two parties.
In the splendid banquet hall, every guest attended in formal attire. Most men wear suits and leather shoes, while women rarely wear colorful off-shoulder or backless dresses, which are basically dignified and elegant styles.
After the leader’s speech, a deputy director of the provincial office who acted as the host announced on the red carpet in front of the banquet hall: “Now, I would like to ask Mr. Jing from Phoenix Fund to say a few words to us. Welcome everyone!”
"Pop."
Applause rang out in the banquet hall. Jing Gao apologized to his leaders, stepped forward, bowed humbly to the guests in the banquet hall, then took out his speech and said: "Dear leaders, distinguished guests, comrades, friends, everyone Good evening."
After reading this, Jing Gao paused habitually. There was another burst of warm applause in the banquet hall.
Jing Gao smiled bitterly in his heart. He had just experienced so many situations that he had unconsciously developed a habit and rhythm while reading the manuscript. Very bureaucratic.
"I am very grateful to Handong for his strong support to our Phoenix Fund. Standing on such a grand occasion, I am very excited. Therefore, I need to read it according to the manuscript. Please forgive me. Here I will give you a brief report Let’s take a look at Phoenix Fund’s vision for the Suzaku chip…”
Officials in the banquet hall, top entrepreneurs in the province, media, and scholars at the university all had hundreds of eyes focused on Jing Gao. At this time, he was wearing a simple suit, a black-framed mirror, and short hair. He has a slender figure and an ordinary appearance, and he read the manuscript word by word.
His voice echoed through the microphone in the hall.
Among the crowd, An Xiaoqian, who was wearing an elegant dress, looked at the young man in front of him who was delivering a speech, and pursed his lips slightly.
Next to her assistant Tang Xuan were Song Fa, Xi Wenbin, and Ren Chao, who had quietly come to Handong as assistants to Ren He. The expressions of the three of them were slightly complicated.
Whether they admit it or not, in such a grand occasion, they are like little shrimps, feeling the rolling wave of "the times". The former glory of the Galaxy Group across the world is being lost.
So now, looking back at the choices made in the past two or three months, is the sharp conflict with Phoenix Fund really inevitable? Everyone has an answer in their mind.
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The Phoenix Fund's negotiation team was naturally present. Vice President Cao Danqing, who flew in a few days ago to participate in negotiations, is sitting at the wine table. He is wearing a navy blue suit with his hair tied up. He is 1.72 meters tall, tall and slim, with fair skin on his neck. The twenty-seven-year-old beauty is elegant and charming.
At this moment, with a gentle smile hidden in her eyes, she witnessed Jing Gao's "highlight" moment. As the vice president of the Phoenix Fund, she has always been aware of and fully participated in Jing Gao's plan. The success at this time made her full of pride, as well as admiration and appreciation for the man she loved.
Jiang Zi, Dong Youwei and several other assistants were at this wine table. Seeing my boss receive such an honor makes me feel proud.
The mature and graceful female assistant Jiang Zi looked at the expressions of An Xiaoqian and others not far away, and the corners of her mouth slowly raised.
Just then, Jing Gao finished his brief speech, and the audience burst into applause.
"Wow..."
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The cold winter night gradually became quiet, and it was already around nine o'clock in the evening after the banquet. Jing Gao and others were arranged to live in a luxurious suite upstairs in Handong Building.
"Mr. Jing, you didn't see the reaction of An Xiaoqian and others..." Jiang Zi lightly lifted the pot and poured a cup of heated Coke for Jing Gao. With a smile on his face, he sat at the desk near the window of Jing Gao's suite and talked with him. He talked about what he had seen during the banquet.
"Haha. You..." Jing Gao sat in the soft chair behind the desk, looking sideways at the night view of Jingzhou outside the building, drinking Coke. Jiang Zigang helped him find someone to heat the Coke. He had a video call with Cao Danqing in the bathroom.
Even if he thought about the elegant and charming female CEO, he couldn't stay in Cao Danqing's room any longer. Handong Building is full of people inside and outside. I don’t know how many pairs of eyes are staring. He can only make video calls to tease the beautiful but conservative Cao beauty.
"Jiang Zi, please make arrangements to buy a villa here in Jingzhou. You can't stay in a hotel every time you come."
Jiang Zi held the edge of the table and chuckled: "Okay, Mr. Jing. In addition, we will fly to Beijing tomorrow morning. Mr. Cao will stay here to follow up on follow-up matters. The chip manufacturing project in Jinling is being negotiated. .”
Igao nodded. Handong's chip project is just one point of Phoenix Fund's layout. He also hopes to build another wafer foundry in Jinling. This is more stable for him.
The factories of chip manufacturing companies do not have to be limited to a certain place. Just look at SMIC, the current domestic leading chip manufacturing company.
SMIC has chip factories in Beijing, Shanghai, Jinmen, Shenzhen and Jiangyin. It turned out that there were factories in Chengdu and Jiangzhou, but they were sold because they failed to make a profit.
This involves a practical issue in the chip industry: profitability. Chip manufacturing is a capital-intensive and technology-intensive industry. The completion of a wafer fab: It does not mean that the factory is completed, the machines and talents are in place.
The yield rate must also be improved. If the yield rate is not improved, and tens of billions of dollars of capital are invested, in what year and month will the cost be recovered?
Therefore, chip manufacturing is not something that ordinary people can afford. Be prepared to lose money for ten years.
As a tycoon, the biggest difference between Jing Gao and other tycoons, reborn people, and normal business tycoons is that he does not need to be restricted by funds when doing business. Moreover, no matter the situation changes at home and abroad, his funds will always be sufficient. There will be no break in the capital chain. Can expand rapidly. However, he wants to reach a fixed point in the business world, and he has a structural contradiction!
He lacks talent. There is a shortage of management and technical talents.
Money can't buy this. Of course, that doesn’t mean you can’t recruit people if you have money. Taking management talents as an example, it takes a lot of time to build and develop an excellent management team. Doesn’t it mean that success can be achieved by just relying on money?
After Alibaba received the investment, Ma Yun was in despair. Set up headquarters in the United States and recruit executives globally. The results of it? The dot-com bubble burst and he had to lay off employees drastically. It wasn’t until a few years later that he had a management team with the same values and culture.
Let’s talk about technical talents. Of course it's okay to poach people with high salaries, but it takes time for people to resign. Those who return from overseas must also make arrangements for housing, children's education, etc. Some talents also want to avoid competition agreements. This all takes time and energy to do. Not everything can be done quickly by waving a checkbook.
This is the next step he will take to reach the top.
