Chinese people pay attention to practicality, and they like the business that makes money quickly and can get rich in a short time, but everything that can be bought, rarely delves into how to develop.

Over the past 20 years or so, high-tech companies such as Microsoft, Oracle, IBM, Cisco, and Qualcomm have made enough money in the mainland, as well as automobiles, home appliances, petroleum, and medicine.

Thinking that countless people have accumulated some wealth little by little with labor-intensive industries, and they have been easily earned by others, Fan Liancheng is not happy.

I hadn't thought about these things before, but now I'm starting to think about them.

I didn't think that I could compete with foreign countries in some fields, but since I returned to China in 2007, there have been earth-shaking changes in seven years, coupled with the fact that the above began to pay attention to the transformation and upgrading of the industry, and gave strong support to backward industries.

Take the R&D and production of chips as an example, there is news that a mature 28-nanometer chip technology has been designed, but the lithography machine is difficult to put in place, and it is stuck in some patents.

What's even more troublesome is that even if it is manufactured, where to find buyers is also a big problem, after all, manufacturers can spend money to buy mature chips that have been tested by the market, and they do not necessarily place orders to support domestic products.

The chip designed by Huawei HiSilicon is also good, it is said that it will be equipped on the Mate7 mobile phone released in the second quarter of this year, combined with the remarks of Boss Lei, it seems that some manufacturers have found pain points and began to produce and develop various semiconductor parts, and some manufacturers have made breakthroughs.

In the next period of time, Fan Liancheng returned to Shanghai, often thinking about issues related to this industry, collecting various materials to improve ideas, and is currently aiming at chip foundry, and plans to invest in incubating a new company.

Money is needed to invest.

Fan Liancheng is very rich, he invested in Alibaba Group last year, calculated according to the valuation of 80 billion US dollars, and now Alibaba Group has confirmed that it will be listed on the NASDAQ stock exchange this year, and the current valuation is as high as 140 billion US dollars.

According to this figure, it is equivalent to earning 75 percent, and it is likely to be more premium after the actual listing, and the prospect is full.

Ping An specially invited Fan Liancheng to dinner for this reason, including Dong Laotou, a shareholder of Longcheng who held opposing opinions at the beginning, and others, who were also happy to smile on their faces, and just happened to encounter a wave of rising market, almost all of the leading stocks in all walks of life are rising, just since the decision to let Longcheng Group move closer to the investment business, the book profit has been as high as more than 10 billion yuan, pushing the total market value to more than 280 billion yuan.

In the early years, he invested in Facebook, invested at a valuation of 10 billion US dollars, and still holds 1.9% of the total share capital, and since its listing in 2012, the market value has grown to more than 220 billion US dollars, and the market value of Apple has soared all the way to more than 600 billion US dollars.

Unlike unlisted companies, these stocks can be reduced at any time, Fan Liancheng is ready to sell some of them for entrepreneurship, after all, the value-added potential of these listed companies has long been overdrawn, especially Apple, which is gaining momentum, and starting a new company by himself, everything means unknown.

Alibaba Group is preparing to go public, and the boss of Jingdong Niu has also decided to go public for financing, and Fan Liancheng tends to choose Hong Kong City for the listing location, and it is not too late to discuss it in two months.

In terms of market value, Jingdong Mall is definitely far worse than Alibaba, which is mainly due to the different models of the two, Jingdong is mainly self-operated, its own procurement, its own operation and sales, logistics, customer service, after-sales and so on are all their own, so the input cost in the early stage of development is quite high, especially the investment in logistics, it is simply a bottomless pit.

Alibaba is different, mainly for buyers and sellers to provide a transaction sharing, many links are completed by the merchants themselves, and the logistics link also cooperates with many companies, so the operating costs are relatively small, and the profit margin is higher.

To put it bluntly, Jingdong Mall is equivalent to investing in an express delivery company, not just e-commerce, recently Fan Liancheng is trying to let this company, and other Internet companies with venture capital, such as Meituan, Didi Taxi, in an attempt to integrate an Internet ecology, invisibly bundle some users.

......

After three openings, all the commercial and residential projects of Fans Oak Town, which covers an area of 600 acres in Sijiu City, have been sold out, and the funds returned are mainly used to repay loans and foreign investment.

About 40% of the Fans Houtan Riverside Apartment Project is still leased to the outside world, and Fans Banyan Tree One is also used for rent, with an occupancy rate of 87%, and a lot of money can be recovered by collecting rent every month.

It's not that Fan Liancheng doesn't want to continue to open the Banyan Tree No. 1 project, but the high price is difficult to approve, and now some people want to buy a house can also buy, but it is a transaction in the form of second-hand housing, and more than 10 sets were sold last year, and the lowest price is as high as more than 68 million, as if he is one of the largest "landlords" in the country.

It is worth mentioning that in the early years, the opening price of the second phase of the real estate excavated from the ancient tomb in Sijiu City was as high as more than 70,000 yuan.

The number of people who follow Fan Liancheng on Weibo has quietly exceeded 100 million, and new breakthroughs have been made one after another, both in terms of wealth and fame.

While preparing to start a new business, other aspects have not relaxed, take the venture capital business as an example, the boss of Lin'an Ma took the initiative to call Fan Liancheng at the end of March, saying that Alipay's parent company was preparing for financing in the near future, and asked him if he had any spare money on hand.

The angel round of financing, which only needs $30 million, is used to acquire the patent of a fingerprint recognition technology company, and intends to launch the fingerprint recognition payment function.

Fan Liancheng didn't ask, and told him that he had a bag, and it was estimated that Boss Ma would not cheat people on this kind of "small" investment, so there was no need to care about how much valuation it was easy to make, and it was not good to pull down his face to bargain anyway.

With the increase in his voice in the field of venture capital and financing, he has recently had a high frequency of contact with Internet bigwigs, and almost all of the entrepreneurs with a little strength know Fan Liancheng, and more people know Fan Liancheng.

That's probably how it has been.

At the beginning of April 2014, Fan Liancheng commanded his subordinates to sell off Apple shares that they had held for several years, with the goal of cashing out $2 billion, accounting for about two-fifths of the total position.

If you are still short of money in the future, the remaining stocks can also be sold.

I don't plan to use all this money to invest in chip foundries, and I won't need that much in the early days.

Some employees of Fans Holdings received a notice from their bosses and went to various places while staring at each other to contact many well-known chip R&D teams.

As for Fan Liancheng himself, he personally went to SMIC, and sent Zhang Jikai, general manager of Fans Holdings, to Pengcheng to try to cooperate with Huawei, empty-handed, and some were just money......