Chapter 405 of the main text is a financial crisis

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Hu Wenhai didn't enjoy the fairy-like leisure days for long, and when the weather was getting hotter and hotter in July, he had to leave Beidaihe, which was reluctant.

Secretary Chi sent back the news, and Hu Wenhai's mention was very interested. As for the idea of combining the close-in defense artillery with the regional defense missile to form a set of air defense systems for key areas that integrates missiles and artillery, it seems that it is technically feasible to do so. As for the possibility of the re-outbreak of the siege war, after discussion, the same result as Hu Wenhai was obtained.

In this way, it is very likely that Saddam Hussein will continue to support China in developing the corresponding equipment. Compared with the previous billion-dollar project, although it may not be able to have such a large profit and scale, it is a surprise that fell from the sky for the navy, the military-industrial system and the entire army.

If the integrated missile and artillery system developed by China can really intercept the attack of the Scud missile, this will not only be a monetary gain, but also a good opportunity to reverse the current bad image of Chinese industrial products in the international community in one fell swoop.

Or it can also be said that if it succeeds as an anti-missile system with actual combat records, China's integrated missile and artillery system will undoubtedly usher in a wave of orders from all over the world.

Secretary Chi expressed the organization's gratitude to Hu Wenhai for his advice, and the relevant delegations have prepared materials to embark on the journey to Iraq. After the 3 acceptance ceremony, every effort will be made to gain the opportunity to communicate with Saddam Hussein himself.

As long as it can impress Saddam Hussein himself, the system believes that there is a good chance of a deal.

Hu Wenhai is also very happy, with the financial support of Iraq and Kuwait, I believe that the localization plan of Sea Phoenix will undoubtedly be accelerated again.

After having this reply, Hu Wenhai didn't have to stay in Beidaihe anymore, and turned north and returned to Xiucheng.

In one year, ST's revenues plummeted from nearly $20 billion in '85 to mid-'86 to less than $3 billion. If you look at the stock and other securities markets, I am afraid that investors will exclaim that this company will not be long in life, and they have thrown away the stocks in their hands and run away.

However, ST is not a listed company, and no one thinks that ST is short-lived.

With the company's largest revenue, the patent sale of lithium battery is nearing completion, and ST is indeed facing a difficult situation to find new profit points.

At present, it seems that the profits of ST have quickly fallen from billions of dollars to less than $500 million, after removing the benefits from the water lithium battery patent. The rest of the income is achieved by relying on the balance of the Viagra patent paid by Grumman, the authorization of the Giant General Section Shipbuilding Law, and the licensing of the technology.

In contrast to the sharp drop in revenues, ST spent almost exponentially from mid-1986 to 1987.

The largest part of the expenditure is ST's investment in the ST fab. The construction of foreign wafer fabs can maintain the investment level at the level of tens of millions of dollars. However, when he arrived in China, Hu Wenhai found that his previous investment estimates were strictly biased.

There is a big gap in the technology required for the construction of wafer factories in China. For example, the construction requirements of clean rooms, the highest level of clean rooms in China can only reach the level, that is, the number of fine dust with a particle size of less than 03 microns per cubic meter is controlled below 3500. However, in the microelectronic chip production workshop, the requirement for the level of the clean room is level 1, that is, the 03-micron micro-dust must be controlled below 1,000.

There are mature products that can be purchased abroad, and the price is not particularly outrageous. But for Hu Wenhai, it is intolerable to rely on imports even for such peripherals. It is impossible to wait until the nineties, after the Americans started the blockade, the lithography machine can be obtained, but the dust-free workshop cannot be obtained.

If the Xinke wafer factory does not engage in a 1000 dust-free workshop, then in the nineties, China will really not be able to get this product, because in addition to the wafer factory, the application range of the 1000-level clean room is too narrow, and other enterprises and projects are unlikely to support the domestic technology and industry.

On the one hand, it is necessary to fill the domestic gap, and on the other hand, it is necessary to catch up with the construction progress of the wafer factory, and the construction pressure of the dust-free workshop is not small.

It's just that the technology in this area does not involve the problem that the domestic industrial base cannot keep up, and it can meet the standards in design and function. Only the perchloroethylene fiber filter material that filters 03 micron dust in the air cannot be produced in China for the time being, so it can only be imported from abroad first. However, the production of perchloroethylene can be done by itself in China, and the overcoming of fiber weaving equipment is also steadily advancing.

But even so, it is still not easy to keep the development of equipment up to date with the construction of fabs. In addition to the relevant staff forgetting to sleep and eat and working overtime, the investment of funds is like a bottomless pit.

The production workshop of the wafer factory is not only dust-free, but also the construction of the entire chip production etching workshop, which needs to achieve many indicators. Vibrations, static electricity, temperature, humidity, water quality, noise, atmospheric pressure, all have extremely demanding requirements.

For the decoration materials of the production workshop alone, there are polyurethane elastic floors, enamel paints, special ceramic tiles and special plexiglass to make up for the materials in China.

I'm afraid few people know that just to remove static electricity in the air, the glass in the microelectronic chip production workshop is different from ordinary people, it is a special low-resistance plexiglass. Polyethylene glass is also conductive glass, but the chip production workshop cannot use polyethylene glass, just because its resistance is 1 ohm lower per square centimeter than that of special plexiglass.

In order to provide air to the production workshop, the air ingested from the outside first needs to be dusted by negative ions, and then the static electricity in the air must be removed, and finally through the perchloroethylene fiber filter material, which controls the amount of fine dust within the 1000 level.

In order to catch up with the construction schedule, the relevant domestic manufacturers and research institutes were whipped by the Ministry of Electronics Industry, and they could barely catch up with the construction plan of the wafer factory by exerting 300 work enthusiasm.

In any country in the world, it has never been as difficult to build a fab as China. Relatively speaking, they only need to earn enough money to buy the necessary equipment, even engineering services. But China is unlikely to hand over its industrial lifeline to Western countries, nor does it have its own rich accumulation, as in the Soviet Union.

But to be honest, this treatment is not desirable in other countries. Who has the heart to gnaw the next industrial chain from beginning to end?

In short, the fab project, which was greatly overspended, is still like a black hole that eats away at the wealth of ST. But Hu Wenhai still spoke, and the group must agree to any application from the new technology wafer factory.

In some projects, in order to motivate state-owned enterprises and national research institutes, ST even pays them in US dollars. In the second half of 1986 alone, the Ministry of Electronics Industry had an additional $80 million in revenue on its books. You must know that in the past, the Ministry of Electronics Industry has no other share in exports, but foreign exchange flows out like the Yellow River entering the sea. After so many years, it's almost the first time I've seen a return of money!

Although Xinke can hold up with such a large expenditure, it is really not possible to come up with a new profit growth point. In particular, if there is no new direction for the growth of foreign exchange earnings, it is just around the corner that annual earnings will fall into the 10th digits.

It can be said that all the employees of Xinke, and even all those who know something about Xinke, are waiting for Hu Wenhai and waiting to see what miracles he can create.

After crossing the south bridge of Xiucheng, Hu Wenhai's new home to the east is a delta where the Xiaoling River and the Daughter River meet. It was originally just a wasteland, but since last year a team of engineers has been working to build a garden-like building that is changing day by day.

Today, the complex is so crowded that there are many people who come and go every day.

The crowd of people who come and go here often does not look like workers or civil servants, but most of them have the air of scholars. Needless to say, this is the most valued unit of ST Group, the Academy of Sciences.

Since Hu Wenhai issued a "convening order" last year, many scholars in the fields of electronics, machinery, materials and chemistry have come to try their luck.

Many of them have received support from the New Academy of Sciences. If you bring the project yourself, Xinke can provide capital injection if you are interested. If you want to do a project of the New Academy of Sciences, then you have to work in Xiucheng.

The plan of the new academy of sciences is to invest 5 billion yuan, which is a lot of money, but in fact, it is still a bit stretched for the new academy of sciences.

The reason is very simple, Mr. Hu is too good at tossing.

The plan of the new Academy of Sciences is two institutes and two centers, the Electronics Research Institute and the Power Research Institute, a materials research and development center, a supercomputing center, an optoelectronic research institute and a battery research institute.

The main departments of these six institutions are stationed at Hu Wenhai's doorstep, which shows that Hu Wenhai attaches great importance to the Academy of New Sciences.

However, there was already a lot of redundant budget in the direction of abundance, but it is a testament to the fact that plans cannot change as fast as they are.

No one expected that Hu Wenhai had just mentioned it to Secretary Lan and asked if the university in Modu was interested in opening a branch campus in Xiucheng.

As a result, as soon as the news spread, things went in an uncontrollable direction. Of course, the four major colleges and universities in the magic capital are very interested, although they want to provide some teachers, but the construction funds are provided by Xinke, where can they find the good things they want? Not to mention that if Hu Wenhai can be recruited to their own schools, just thinking about it will make me feel like a pie in the sky.

Hu Wenhai underestimated how hard life has been for Chinese universities in recent years.

Even the university in the magic capital is actually very short of money. No, it should be said that all universities in China are very short of money.

In 1985, China's financial expenditure on education was 22.4 billion yuan, 4.7 billion yuan for primary education, and 12.8 billion yuan for junior and senior high schools. In other words, if other special education expenditures are ignored, the financial allocation for university education is 4.9 billion yuan. By 1986, the central government's decision on the reform of the education system, formulated in 1985, was implemented financially, to the effect that schools were basically encouraged to raise their own funds for education. It is not to carry out the industrialization of education as it did later, but to encourage schools to reach out to the local government, and the so-called "raising education funds through multiple channels". Seeing that there was no rich financial allocation in the first place, he had to cut another piece.

In this way, the influence of the Magic City Government on major universities has increased rapidly. Not only that, but in this case, opening a branch campus is like opening a game and opening a branch base to get double the resources.

At this time, the progress of the Xiucheng Special Economic Zone is already a certainty, and it is said that this year it will definitely be able to pass the decision-making process and become the only special zone in the north.

If we open a branch school in Xiucheng, we will certainly not be too stingy when we think about the future "special zone" government, right? Looking at the deep soil and rivers of the people, it has only been a special zone for a long time, and it has become developed at the eyes.

There is a well-known new technology company to pay for it, and pick up a base for nothing, how can there be such a good thing!

Not only the four schools named by Hu Wenhai, but also the well-informed colleges and universities in the magic capital did not seize this opportunity. In the end, the news spread more widely, and even well-known universities in other places squeezed in. Even old acquaintances such as Beihang and China Transmission simply came to the door directly and took the initiative to ask for the construction of a branch in Xiucheng.

In the end, the number of Xiucheng University students doubled from four to eight. Beihang University and Xiucheng Aviation School merged to form the Xiucheng Branch of Beihang University, China Transmission and Xiucheng Radio and Television University jointly established the Xiucheng Media Branch of China Transmission, and East China University of Science and Technology merged Bohai Institute of Technology.

Although they are all mergers, the level of construction of the original campuses certainly cannot meet the requirements of these universities. Therefore, the Xiucheng City Government specially set aside a large piece of land south of the Daughter River for the construction of a new university town.

The new technology city, the university town and the industrial zone of the new technology company have doubled the size of the embroidery city and outlined the outline of the embroidery city in advance.

With so many projects waiting to be fed, they are on the desk of the investment department of ST Group, and even Jinshan Yinshan will not be able to stand up for consumption.

Although the company is not short of money, Hu Wenhai himself is a little frightened by the current expenditure, and has to start thinking about how to open up new sources of finance. To be continued