Hu Yiting saw that Minister Hu's attitude was changing, and he was already interested in the "steady" flash memory chip business he described in his mouth, and couldn't help but be secretly happy in his heart, and said with a smile: "The investment is big, but the profit is much stronger than the labor-intensive industry, right? You must know that even if the low-end flash memory chip, the profit will not be less than 40%, if I guess correctly, the market supply will be bottlenecked at that time, and it is normal for the profit to reach 300%.

Besides, the chip business is a real high-tech business, and it is a shortcoming in China's current scientific and technological field.

Only the high-end manufacturing industry can promote the vigorous development of the low-end industry, so that the low-end industry can get the technical support at the doorstep, so that the low-end industry can gain international competitiveness, and can create the brand of the low-end industry.

The chip manufacturing industry is a real high-end industry, and a flash memory wafer factory can support the product upgrading of a large number of industrial enterprises, and can attract a number of downstream enterprises to build factories around. For example, motherboard manufacturers, with the support of domestic flash memory chips, the cost can be lower, and the product development cycle can be shortened!

Besides, this line is eight inches! The 0.35 micron process is the same as the 0.5-0.35 micron process currently set by the 909 project.

Is it true that the country should pin all its hopes on the Japanese for the introduction of advanced silicon wafer process industries? If we don't walk on two legs, it will be easy to fall into trouble!"

Minister Hu listened to Hu Yiting's demagogy and became more and more moved.

The flash memory chip project was said by Hu Yiting to be a low-risk profit stable product, and Minister Hu felt that such a product was very suitable for the country's current industrial planning of the manufacturing industry. This kind of high-end manufacturing is even more suitable for the domestic electronics industry system, which is currently lagging behind the West!

So Minister Hu became very interested and asked: "Which companies are doing in this market now, and are you competitive after you enter?"

"Toshiba, Intel, now mainly these two, there are some small factories in Europe, America and Japan. Although the flash memory is guaranteed by drought and flood, and the technical threshold is medium to high, because of the large investment, small companies generally can't do it, and they don't have the money to smash the wafer factory. The profit is not high, which leads to the general small and medium-sized companies are unwilling to bother to raise funds to participate in market competition.

You must know that in these days, any Silicon Valley IC company with a gross profit of less than 40% of its products will not get venture capital at all!

Therefore, in addition to those large enterprise groups with strong capital will continue to invest in research and development, which fool is willing to develop flash memory chips, which market growth is slow and the profit is not high or low? This kind of market segmentation after the investment of unpopular products, in fact, contains great business opportunities, although the profit of flash memory chips is only about 40%, but once this thing is built, the output is large, and the total sales profit is naturally high. Otherwise, why would such large enterprises as Toshiba and Intel invest money in R&D and production?

And at present, the main core technology patents of flash memory chips in the world are controlled in the hands of Toshiba and Intel, after others enter this market, the original 40% expected profit is not high, and they have to pay a few points of patent fees to these two, and finally consider that the construction of a wafer factory requires a one-time investment of huge investment, so everyone retreated. But Minister Hu, do you think, isn't this kind of hard work suitable for us Chinese to do these days?"

Minister Hu's heart was said to come alive by Hu Yiting.

"I didn't expect that your kid not only has a good brain, but also has a three-inch tongue. Come on, I'm convinced by you!

You think it's okay for this project.

Although the profit seems to be inferior to general IC manufacturing like Huajing, as you said, it is better to make long-term stable profits, and I think it can be done.

In addition, as you said, it is indeed very risky to rely entirely on the Japanese to carry out the introduction of advanced manufacturing, even if the Japanese want to do something greasy in the project, we don't understand. First, there is no experience, and secondly, there is a lack of similar projects for reference and comparison, which makes it difficult to approve the details of many technical projects, and experts cannot make up their minds. But the country needs to catch up with the advanced level of the world's electronic technology, so it has to do 909 hard, in order to keep China's process industry from being left too far by the West.

If you can carry the girder by yourself this time, drag a large international company like Cyrix into the cooperative investment, and build a factory with a similar process to the 909 project, I think this is indeed a great thing for the country.

The introduction of American technology and Japanese technology at the same time has a comparison and competition, which gives the Japanese a sense of urgency and can also speed up the project progress and construction cycle of the 909 Project.

Well, I think this project is still very positive!"

Minister Hu analyzed while talking, and he persuaded himself by talking to himself during the conversation, which can be regarded as saving Hu Yiting from preparing to continue to talk a lot.

After saying this, Minister Hu found that he had been led into the ditch by Hu Yiting, and from the initial suspicion in his heart, he became ideologically positive, and was even very inclined to support Chongguang's investment projects.

Hu Yiting saw that the momentum in front of him was very beneficial to him, so he hit the railway while it was hot: "Then what do you think about the construction loan and land?"

Minister Hu picked up the thermos cup, and his brain was highly excited to weigh the pros and cons again. In the end, I still felt that Chongguang's project seemed to be very beneficial and worthy of national support.

The most important thing is that there is no need for the ministry to pay a penny, it is all Chongguang pulling large American companies to pay out of pocket, which is so worry-free, unlike the 908 and 909 projects, which are all run by the government, and every penny of the project has to be heartbroken.

As for the land or something, that's all the local government's business. Nowadays, attracting investment is so hot, there is no reason why local governments will let go of this kind of technology-intensive golden doll, this kind of project that has both face and substance, which place does not want it? As long as the funds can be put in place, and it is not a commercial scam, how many cities will covet such a big investment! When the news spreads, they can grab their heads.

As for loans, there is no need for the ministry to provide money! There is no need for the ministry to come forward to guarantee it! To put it mildly, the bank is responsible for anything that goes wrong.

As long as Chongguang Company is willing to use their own assets as a guarantee, the bank will not let go of such a big fat meat!

Chongguang has so many successful chip patents in his hands, if they are used as loan collateral, it is estimated that it will not be a problem to get a loan of 5 or 6 billion yuan from the bank, after all, how hot their chips are sold! If they really have a financial crisis and go bankrupt, Huajing Factory will be the first willing to come forward to buy the debt collateral in the hands of the bank, and then they will want those few chip patents! Get them back enough to eat for a lifetime, until Huajing Factory is completely eliminated and stopped!

After careful consideration, Minister Hu's attitude became extremely positive, and he raised his voice: "In this case, you should hurry up and make the project plan! The ministry will strive to give you the greatest discount." After all, you have made great contributions to the country, and what the central government and the ministry can give, will definitely give it to you!

But don't be too demanding? Don't think about the white wolf with empty gloves, all counting on the state to give you a loan, that's no way. You have to settle at least 30 to 50 percent of your own funds, right? Otherwise, you will take too much advantage of this! Not to mention reporting to the central authorities, first of all, the ministry will not be able to pass this part. ”

Hu Yiting was overjoyed, and said in his heart that if he could borrow 50%, it would already be burning high incense, and listening to Minister Hu's meaning, maybe he could borrow 70%, and he would not be crazy. So he hurriedly said: "Okay, okay! We still get 30 percent, Chongguang's current financial level is unprecedentedly good, and the capital turnover of three or five billion yuan is not a problem." ”

Minister Hu nodded steadily: "I know that you have made a lot of money recently, and various products are blooming everywhere, Hu Yiting, you kid may not be able to count the money now, right?"

"Hehe, look at what you said, don't look at our big income, we also spend a lot, no, a wafer factory project will empty out our family. This has to change large companies such as Intel and Hitachi, and building a wafer factory is not like fun. ”

Minister Hu nodded: "China's private enterprises have just started, and in terms of financial strength, they will definitely not be able to compare with those giant chaebols in western developed countries.

But you can also rest assured, with your heavy technical advantages, the country will do its best to support you to become bigger and stronger!

You must know that after Huajing Factory submitted the contract plan this time, the central leaders were very happy! Seeing that the wafer factory's profits were so large, the central leading comrades and the comrades in our department were very excited. Didn't I say it before, even the leading comrades of the Central Committee praised you by name at the meeting!

Hu Yiting suddenly had a flash of inspiration and asked, "Could it be Secretary Jiang Shui?"

Minister Hu smiled but did not answer.

Hu Yiting was extremely excited for a while, thinking that he must have guessed correctly, and sure enough.

I think that when I first met Minister Hu, his attitude towards Chongguang was still just to use Chongguang's technology, and his conversation attitude was full of arrogance and commanding parental tone. And now it seems that his attitude towards Chongguang is to rely on and support, and compared with the two, Chongguang's status can be seen to have improved a lot.

Minister Hu also advised: "Your project plan should be done as soon as possible, and when the ministry has reviewed it and said that there is no problem, I will immediately give your two enterprises a lead, contact the local government and the bank, and discuss the specific rules and financing plans for the implementation of the project."

After the 908 project, I can understand that the IC industry cannot afford to delay for a day, and the technology is developing too fast!