Since Chen Jing and Chen Jianguo had the same time, the two groups of people would also return on the same flight, so as not to have to pick up Su Yuanshan twice. It's just that there were a lot of people this time, so Su Yuanshan simply chartered a bus and pulled people back directly from the airport.

After getting in the car, Chen Jianguo and others insisted on seeing how the "new home" was, but Su Yuanshan couldn't resist it, so he had to take them to Yuanxin Science and Technology Park together.

Su Yuanshan turned his head to look at Chen Jianguo, who was becoming more and more calm, and even a little blessed, and said with a smile: "Senior brother, why do I feel that you are a little fat?"

"Really?" Chen Jianguo glanced down at his stomach and said with a wry smile: "It's over, I only found out when you said it, it seems that I have gained a little weight." ”

Chen Jing took over with a smile in front of her: "That's because there are many delicacies on our island. ”

She sat in the co-pilot, took out a box of cassette tapes from her pocket and stuffed them into the cassette player of Hu Touben, and raised the other two boxes and asked Su Yuanshan: "Do you want the new album of Lin Zhiying and Chen Mingzhen." ”

"Drop the car, I'll listen to it when I'm commuting. ”

Chen Jing nodded, put the two boxes of tapes into the glove box, and the car tape machine also began to play Jacky Cheung's album.

......

After walking around the science and technology park and returning to the city, it was already seven o'clock in the evening, so Su Yuanshan simply pulled Qin Weimin, who had been waiting downstairs, and a group of people to hold a reception banquet.

After dinner, Qin Weimin went to arrange accommodation for Chen Jianguo, and Su Yuanshan followed Chen Jing to her room.

"How is it?" asked Su Yuanshan impatiently after closing the door.

"Can you let me wash my face?" Chen Jing glared at Su Yuanshan.

"Uh...... Wash. It's okay to take a shower. Su Yuanshan smiled, ran to the sofa and sat down.

Because of the leap month this year, the weather has already become cold, Chen Jing took off her short windbreaker and walked into the bathroom wearing only a long-sleeved shirt.

She took off the light makeup on her face and said while bowing: "In addition to TI and AMD, which you have already contacted, UMC, IBM, NEC, Qualcomm, they all have intentions. ”

The intention here naturally refers to the financing operation after Yuanxin EDA becomes independent - to be precise, it is not financing, but the purchase of the shares transferred by Yuanxin.

Chen Jing gently wiped off the water droplets on her face with a towel, revealing her snowy skin, walked out of the bathroom, looked at Su Yuanshan and said with a smile: "But what is more interested is the bigwigs of Wall Street, and several big investment banks revolve around me every day when they hear a little wind." ”

"Hehe, think beautifully!" Su Yuanshan pursed his mouth: "What about Intel?

"After contacting, Intel is already planning to give up on us - now peers are also working hard to compete with us for campus customers. In addition, several forum activities and Internet dissemination, coupled with the continuous emergence of various design IPs based on Yuanxin EDA, it is difficult for them to catch up with our influence in the industry. To completely defeat your peers, the difference is just a disruptive change - do you have any other good tricks? Just one trick away. ”

Su Yuanshan couldn't cry or laugh: "Eldest sister, do you really think I am a prodigy? I have already to separate EDA." What else do you think I can do?"

"Then there is only pure commercial competition, but at present we are still excellent, and more than 60% of the overall market is absolutely there, as long as there is no black technology on the other side, it will be stable." ”

"Hmm. The main thing is ...... Money. Su Yuanshan pursed his lips and looked at Chen Jing: "Wall Street will definitely give a valuation, how much do they estimate?"

"The valuation of a single EDA is not high, only six billion, but the entire Yuanxin is high—guess how much?" Chen Jing winked at him, revealing the dimples she hadn't seen in a long time.

Su Yuanshan shook his head: "Don't guess." No matter how high it is, it is useless, and the main body of Yuanxin does not plan to go public. Or, at least, not for now. ”

Chen Jing shrugged.

Su Yuanshan sighed: "It's only six billion......"

"If you want more, you should seek to go public and let the capital market test. Chen Jing said: "It is not good for mainland companies to be listed on the NASDAQ, so they can choose to be listed in Xiangjiang through backdoor listing, and they can sell their equity and cash out after half a year." And you can also sign a subscription agreement in advance - anyway, as long as the capital market approves it, you can play any way. ”

Su Yuanshan was surprised: "Half a year is enough?"

"Well, half a year - you don't know?"

"Why do I need to know this?"

Su Yuanshan closed his eyes and pondered on the sofa with his briefcase.

He still has $500 million in his hand, which will be used for the basic investment and development costs of scientific research this year and next year. But starting next year, he will start preparing the money for the fab.

But the problem is that the last few years of his mother's life have been the growth period after the semiconductor industry has just experienced a low tide, and various fabs are trying their best to expand production capacity, coupled with inflation, and even the cost of wafer fabs is rising.

Su Yuanshan roughly calculated that to establish an eight-inch, 0.5-micron production line + packaging and testing, the cost alone would cost one billion US dollars.

And Su Yuanshan obviously can't introduce only one - he needs to seize the once-in-a-lifetime opportunity to build at least three 0.5 micron production lines!

You know, 0.5 microns, but it can use the kind of existence that is so old that it can handle almost all the small chips and microcontrollers.

In addition, Su Yuanshan also has to support CPU design, communication design, and make persistent efforts to build a research and development center.

If you can only sell EDA for three billion dollars, it is far from enough.

"Why don't you use the joint venture model when you build a factory?" Seeing that Su Yuanshan was entangled, Chen Jing hugged his shoulders and suggested.

"The joint venture is not enough, I calculated, the year after next we have to have at least 5 billion US dollars in income - from next year, we will invest more than 500 million dollars in research and development, and the annual investment will have to double to gain a firm foothold in the existing field. ”

Chen Jing put on her clothes, stared at Su Yuanshan's frowning brows, and said with a smile: "You say this, as if other businesses are not profitable." ”

"Of course it's profitable, and it's going to be very profitable, but it's more expensive to expand. Su Yuanshan opened his eyes and said with a wry smile: "I still want to build R&D centers in places like Europe and Mao Xiong, as well as the west and Ni Kingdom......

"You ......," Chen Jing sighed: "Your heart is inevitably too big, isn't it? How can you afford to build a global R&D center in three or five years?"

"But even if we slow down the pace of research in R&D centers around the world, there is a big money slinger waiting. ”

Su Yuanshan said, the phone rang in the back of his head, he fished out the eldest brother, pressed it down and connected to Jian.

On the phone, Zheng Zhenchuan's voice was a little lonely.

"Xiao Su. ”

Su Yuanshan was slightly stunned: "Well, Uncle Zheng, what's wrong?"

"The project was approved in principle, but the funding was too small. ”

Zheng Zhenchuan let out a long sigh: "Not to mention the Nikon Canon of Ni Country, they invest four or five hundred million dollars a year. Even if it is a small role like ASML, it can invest two or three billion US dollars every year. ”

"And we can't get a total of 100 million, of which the bulk is still in the light source part, and the money of 908 has been scattered. ”

Zheng Zhenchuan's voice sounded very depressed: "The main reason is that Zhongyang is financially poor, and a pure scientific research unit like ours is not like a school, and we can also get some local financial subsidies." ”

Su Yuanshan knew why.

-- Last year, Zhongyang's fiscal revenue was 90 billion yuan, and the deficit was 20 billion yuan.

The local fiscal revenue is 220 billion.

This huge disparity directly led to the implementation of the subsequent reform of the tax-sharing system.