The estimated market value of Gaowei Mobile Communications is of course a world of difference compared to the initial investment provided by Liu Ruoyi.

Although the absolute value-added of Liu Ruoyi's investment is so large that it is eye-catching, Liu Hongwei is now very content, for so many years, if it is not for the customized machine of PCCW, high-dimensional mobile communication may not be able to go today, and it will be closed today.

Looking at the ups and downs of so many copycat mobile phone manufacturers, there are very few who can really come out of the big waves, and there are almost no better lives than high-dimensional mobile communications.

This is the most significant difference between backing a tree or rootless duckweed.

What's more, if it wasn't for Liu Ruoyi, where would the high-dimensional mobile communications, which were still relatively weak at that time, have the opportunity to follow up on the new flagship-level chip of Aries 800 for the first time?

There are obviously more advantages in the future, with Liu Ruoyi's current lofty position in the semiconductor industry, and the delicate relationship with Sun Mobile Computing, as a "biological son" of high-dimensional mobile communication in the future, there is obviously still a lot of room for development in the future.

A net worth of tens of billions seemed unattainable at first, but now it seems that Liu Hongwei feels that it is close at hand.

But now, Liu Hongwei doesn't care much about this "small goal".

Now for him, he has already gone through the anxiety period of survival, with so many years of dividends and income, not to mention equity, just real estate and financial assets Liu Hongwei's personal net worth has already been more than one billion.

Even if Gaowei Mobile Communications goes out of business tomorrow, it will be nothing more than the case for him, and it will not have much impact on his future life.

So what he is doing now is what he really wants to do!

Not for money, only for ideals and feelings.

...

It's not just Liu Hongwei who thought of going public.

Gaosen Semiconductor. Wu Zuhua has already started the listing process for it.

Due to the good income situation in recent years, Wu Zuhua chose to list on the A-share market, although it is much more troublesome to list on the mainland than overseas listing.

However, as an authentic chip stock, Wu Zuhua is confident that he will strive for some special policies.

For example, if you choose to list on the small and medium-sized board, you can reduce some necessary procedures.

In order to go public, Gaosen Semiconductor is also in the process of introducing strategic investors.

Now Gaosen Semiconductor's annual revenue has exceeded 20 billion yuan, and its profit has reached about 5 billion, with extremely high gross profit margin and net profit.

After applying for the small and medium-sized board according to this qualification, it is almost certain that the market value of 100 billion is ironclad.

And if the stock market is a little more prosperous, there is no problem with doubling this valuation.

This is not nonsense, in terms of the overall P/E ratio of the small and medium-sized board, 40 times the P/E ratio is nothing, and 100 times is not uncommon.

From the perspective of the development of Gaosen Semiconductor's early business, the growth rate is quite amazing, of course, the development to this day, the market share of digital chips has basically reached a limit, and to continue to maintain this high growth rate, it must be supported by other industries.

From the current point of view, GS64-3X and the latest GS64-4A series have a high market share in limited industries such as special equipment, but this market is still too small after all, and it is only more than 8 billion in the development stage last year.

At present, the main profits and sales of Gaosen Semiconductor are supported by digital chips.

In the set-top box and digital TV market, it has basically entered a stage of stable development, and the market space will not make much progress.

Now the rapid development of the camera application, the development of the domestic Skynet project, now the entire monitoring system market is in a stage of rapid development, the future Gaosen Semiconductor to seize this opportunity, will usher in a wave of development peak.

This is the biggest reason why Wu Zuhua is now moving forward with the listing and is ready to refinance a large amount of money to ensure Gaosen Semiconductor's dominant position in this field.

Of course, the current GS64-4X research and development is also relatively tight, although the 16-core and 24-core have models, but it is not easy to transform them into Gaosen Semiconductor's own capabilities.

Because this is a special industry application, you don't dare to use it if you don't eat it thoroughly.

In addition to general-purpose computing, many new areas of demand have emerged, and now there are low-power solutions that require a large number of signal processing DSPs to be embedded in the chip.

As a member of the national R&D regular army, Wu Zuhua certainly knows the background of this demand.

Now it is basically a period of great explosion of new equipment for the sea and air.

Whether in the air or at sea, as an advanced electronic system for situational awareness, it requires extremely high computing power support and signal processing capabilities.

Aegis!

Phased array radar!

Long-range large vigilance radar!

AWACS!

...

All of them are waiting to be fed!

It's not that the previous selection can't be used, now everyone has a better choice, with a good thing of order of magnitude or more performance improvement, who doesn't want to take the technical indicators one step further?

The real core of an electronic system depends on such advanced chips.

With this as a foundation, it is possible to develop world-class electronic systems.

Therefore, Wu Zuhua's R&D team has expanded again and again, but it is still unable to cope with so many needs. The money made by Gaosen Semiconductor has penetrated into these projects like flowing water, and there is no day of satisfaction.

For listed companies, this good day will soon come to an end, and there will be strict constraints on the budget of R&D expenses in the future.

As a public enterprise, the R&D of Gaosen Semiconductor will also be divided to a certain extent, and the civilian part will be directly injected into the company.

For the non-civilian part, R&D will continue in the name of the company's strategic partner, but this method is much more restrictive.

Moreover, there is a mandatory requirement to regularly output results to the company.

But Wu Zuhua has no choice, it is difficult to have the best of both worlds for this kind of thing.

If you don't go public to raise funds, then you have to raise private capital, relatively speaking, although private capital does not pay much attention to the details of the company's operation, but as an investor, after more and more shares, you will always be worried about your investment.

More importantly, with this financing, the company receives less premium. It is difficult to raise money at a price-to-earnings ratio of more than 40 times.

In this regard, it is obviously more powerful to go public.

Wu Zuhua is also confident that through this capital operation, he will obtain sufficient funds for the research and development of the institute for the next step.

If the valuation reaches 100 billion, then when the strategic investor is introduced, at least 10 billion can be raised first, and then if the listing goes smoothly, at least 15 billion can be refinanced.

This money is the most reliable capital for the future development of the Institute.

...

In contrast, Li Shijie and Zhao Mengguo's Shenwei Company is inferior, relying on the advantages of SPARC-compatible high-performance servers to exceed 10 billion sales, Shenwei Company did not continue to maintain growth, but began to fluctuate back and forth in the revenue line of 10 billion for several years.

Of course, the profit is still good, almost to about 2 billion.

This seems that Shenwei Technology is still relatively attractive, but compared with competitors, in the process of introducing strategic investors, Shenwei's valuation is still much lower than that of Gaosen Semiconductor, and the median value given by the outside world is about 40 billion yuan.

This valuation also includes Zhao Mengguo's processor R&D team.

If it is a single server business, this business is really not very attractive for strategic investment, Shenwei company tossed out super minicomputers and HPC, which is considered to have some technical thresholds, but in the eyes of experts, it is the same thing, if the sun mobile computing side is calculated, not to mention being counter-killed in minutes, at least it can be very uncomfortable for Shenwei, because what Shenwei does now is not difficult for solar mobile computing.

Therefore, the biggest key to being a top server manufacturer is that if the chip cannot be mastered independently, everything will be in vain, and this kind of company will sooner or later become an assembly machine manufacturer.

Just like the PC compatible machine assembly machine market, Dream Company has achieved hundreds of billions of output value and is living bleakly with weak profit margins.

Without a large amount of R&D investment, no core technology, no matter how big the output value is, it is impossible to become stronger.

As soon as the low-end oranges of high-dimensional mobile communication came out and the "king of coarse grains" basically washed away the market.

So in this regard, Li Shijie and Zhao Mengguo are now gritting their teeth and continuing to evolve the SPARC system, and on the basis of SPARC T2 PLUS, they have now jointly developed and launched a new 16-core SPARC T3 with partners in the Middle East Ocean and other partners of the Open Alliance.

It has a main frequency of 1.6GHz to 2.1GHz, and can support up to 64GB of DDR3 memory.

The new processor has been confirmed for mass production using the Dragon Factory's 25nm process technology, and the initial batch size of the alliance is 2 million units.

In this way, Li Shijie's HPC series will continue to improve the computing power update, and at the same time, Li Shijie has also begun to target the enterprise-level cluster server market.

The first-generation Shenwei cluster server C-1000 has begun to be launched for the market, and each blade of the Shenwei C-1000 integrates two 1.8 GHz Sparc T3 chips, 128 GB of DDR3 main memory, and eight 600 GB of 10,000 rpm disks, so that there is a total of 512 GB of total memory, 128 cores, With 1024 threads and 19.2TB of disk capacity, this 4U miniature blade cluster server is high-performance, streamlined, and cost-effective for data center core databases or web servers.

At the same time, it can be used as a good cloud service center server.

This is Sunway's latest attempt to enter the mainstream enterprise commercial server market. Of course, the development of the Soris server field and the Linux server field at the same time is also very difficult for Li Shijie now.

It's just that this hurdle must be passed, and if you can't get through it, you can only continue to live by assembling compatible servers in the mainland.

Because of this, Li Shijie and Zhao Mengguo are also anxious to go public and raise funds to support their transformation as a carp jumping over the dragon gate.

Even if the valuation is 40 billion, at least 5 billion to 6 billion can be obtained after financing, and there is no problem to support the initial capital of the latest round of server research and development and the development of new SPARC T4 models.

Compared with Wu Zuhua's cash cow product of digital core, Li Shijie and Zhao Mengguo, who have slightly worse cash manufacturing capabilities on Shenwei server, are obviously much harder.

A lot of things I want to do, I don't have the money to do now. Although the application for the second phase of the Science and Technology Innovation Fund has been submitted, there is no sound yet.

Although in terms of the results of support, Gaosen Semiconductor and Shenwei Technology are two extremely successful technology-based enterprises, but because of this, the top will pay more attention to those difficult households when approving them.

The first phase of 40 billion yuan is not enough to sprinkle water, and the second phase of 100 billion yuan now looks at the number of application funds in the mainland, and there is also an astonishing gap.

With this funding channel that does not have to be repaid after applying, everyone is rushing over to call for their own business is important.

This is a headache for Liu Ruoyi, the initiator, as a special consultant, Liu Ruoyi has the right to provide her own suggestions and opinions in these application projects.

However, seeing too many applications that have nothing to do with strategic support, Liu Ruoyi can't see it.

For example, an assembly machine manufacturer, under the guise of expanding production capacity, applied for large financial support in the name of striving to be the first in global shipments, which made Liu Ruoyi unbearable.

After asking the assistant team to collect and sort out a large number of application report materials, Liu Ruoyi began to write an article, "What kind of projects should be supported by the Science and Technology Innovation Fund".

The article analyzes the application projects and supporting projects of the Science and Technology Innovation Fund in recent years, and after in-depth analysis and comparison of typical successful cases and failure cases, the applied projects are classified, and it is pointed out that only by using limited funds on the knife edge and the source innovation of the industrial chain can it have the effect of four or two thousand pounds.

Regarding the situation that some downstream labor-intensive industries also came to cry, Liu Ruoyi criticized mercilessly.

After this article was published on the Weibo of Wangju, soon after, the authoritative No. 1 newspaper compiled and distributed the original article and placed it in the headline position of the science and education edition!

Obviously, some people at the upper level have long been dissatisfied with this situation, and now Liu Ruoyi responded immediately after the blockbuster attack, and with the compilation and distribution of authoritative media, the mainstream media followed and forwarded, so that Liu Ruoyi's voice quickly became a hot topic of discussion in the scientific and technological community.

Obviously, with this wave of exposure, those mixed applicant companies have become the target of everyone's shouting.

Because of the cake of so many people, these people don't dare to say anything on the surface, because the facts are in front of them, Liu Ruoyi's analysis is reasonable, and there are successes and failures before and after.

However, secretly, these people organized a group of water armies and began to carry out various personal attacks on Liu Ruoyi on the Internet, the most vicious of which was to attack Liu Ruoyi's sexual orientation is extremely abnormal, otherwise why are you still single in her 30s?

Although Liu Ruoyi is not interested in these rumors, for Liu Ruoyi's original group of fans, this is an unforgivable sin, so Liu Siying launched a human flesh operation to directly dig out the initiator of the rumors!

To this extent, Liu Ruoyi's lawyer team naturally did not fail to do anything and directly initiated a lawsuit.

With Liu Ruoyi's current prestige and influence, what awaits this backstage company will be the end of the company's bankruptcy and the main responsible person will sit in prison.

Although Liu Ruoyi can ignore the gossip, if someone really bumps into it without opening her eyes, Liu Ruoyi will not be merciful!

In two lifetimes, Liu Ruoyi already knows when to have a bodhisattva heart and when to use thunder means!