After a short time, Wu Hengyuan called and reported to Hu Yiting on his mobile phone: "Mr. Hu, the result of our discussion is that if you want to be completely self-sufficient in PCB boards, you have to invest at least 1.5 billion yuan, and if you want to enter this business and provide PCB board foundry for other manufacturers, then you should add 30% to 50% of the investment, so that you have to about 2 billion." The prospect of this business is still good, the domestic electronics industry demand for PCB boards is increasing day by day, and a large number of such projects have been launched in China last year and this year. If we want to do it, it is not a problem technically, in terms of raw materials, there are many domestic copper clad laminate factories, and the supply is sufficient, even if we produce copper clad laminates ourselves, the investment is only about 300 million. ”

"I see, you can find a café in the hotel first, and we'll have a meeting when I come back. ”

"Okay. ”

Hu Yiting hung up the phone and said to the people: "Uncle Qi, according to our estimates, the investment in PCB boards is about 2 billion, and if Fuzhou needs this project, we can invest." ”

Qi Weimin's eyes were full of approval: "Thank you Xiaohu, but since PCB manufacturing is not your thing, why don't you talk about your wafer factory plan, okay?"

Hu Yiting hurriedly said: "That's the case, our positioning is a blade-level enterprise, according to this development strategy, we do not plan to invest in any product that lacks core competitiveness." ”

Qi Weimin: "I've read this word in the newspaper, and the reports about you generally have the positioning of a blade-level enterprise, can you tell me about it?"

Hu Yiting said: "To put it simply, it has core patents, can break through the blockade of Western technology, and the products are internationally competitive, and at the same time meet these three requirements, it is a blade-level enterprise." ”

Qi Weimin pondered: "Any of these three items are not simple, and if you are satisfied at the same time, it is indeed very remarkable, well, it seems that it is a bit unreasonable for you to invest in PCB printed circuit board projects?"

Hu Yiting hurriedly said: "Aunt Yuan takes care of Tong Mu and me like this, Uncle Qi, you don't treat me as an outsider, you invite me to come to the house as a guest, and treat me like a nephew, I am very grateful." Since Uncle Qi treats me as his own, then I can't see outside, since you asked Tong Mu to convey the order to invite us to come to Min Province for inspection, then I am duty-bound, so as long as it is beneficial to the development of Min Province, Uncle Qi, you will explain it, and we will do it. ”

Qi Weimin looked at Hu Yiting with blazing eyes, and thought for a while before he spoke: "Xiao Hu, do you have any difficulties in regaining light in Hui Province?"

Hu Yiting said in his heart that it was really fatal, Uncle Qi had misunderstood, thinking that I wanted to work so openly because I was suppressed in Hui Province. But how can I explain this? I can't say that I'm climbing the dragon and attaching the phoenix in advance, right? I have to quickly think of a better way to talk to him, but it's really not easy to justify myself for a while, and at least I have to be able to get by on the face, and I can't make things up.

"Uncle Qi, you misunderstood, our Chongguang business can be bigger, which is indispensable to the care of the government and leaders of the Hui Provincial Government, and we have invested a lot in Hui Province, the base camp of Chongguang Communication is in Hushan, this is one of our core businesses, and the operation is very good.

The reason why I came to invest in Min Province is that I was invited by you, and secondly, I personally admire your work style of 'doing it immediately', which is deeply consistent with our business model. Third, at present, there are a number of enterprises in Min Province are rising, such as TPV Electronics, China Picture Tube, New World Technology Company, and Southeast Automobile have taken root in Min Province, and we think that this is the implementation of the reform and opening up policy of Min Province, so that there will be such a prosperous situation. ”

Hu Yiting picked up the teacup, took a sip, and looked at Qi Weimin.

Qi Weimin said with a smile: "You are right, the current development momentum of Min Province is very good, and the province also hopes to have more investment to continue to promote the momentum of this benign development, we welcome your arrival very much, especially you Chongguang as a high-tech enterprise, and is the most advanced blade-level enterprise in China, we attach great importance to it, so I hope you can also invest more and put forward more opinions." ”

Hu Yiting said with a smile: "Then let me tell you about our company's wafer factory investment plan, this project has been brewing for a long time, and we didn't plan to start it in Min Province, but we are going to put it in Puhai or the surrounding areas of Puhai, but since Uncle Qi, you want to have a project with a large investment amount to settle in Min Province, then I will definitely choose to help you first, do you say this reason?"

Qi Weimin laughed: "Yes, you are right. ”

Hu Yiting said with a smile: "That's the case, we have designed a variety of chips and a variety of chips that are about to be put into production have filled up the 908 project Huajing factory, at present, the Ministry of Electronics Industry has launched the second phase of the expansion project of Huajing factory, just passed the review at the beginning of the year, and now they can't wait to start construction, they plan to use one year to increase the production capacity from the current annual output of 12,000 pieces of 6-inch wafers to an annual output of more than 20,000 pieces."

But even so, I estimate that it will be difficult for Huajing Factory to meet our next task of relighting the new products, so we have been planning to build a wafer factory by ourselves, and the scale of the first phase of construction is about the same as that of the first phase of Huajing Factory, with a production capacity of 12,000 pieces, and we can feed this factory with our own list.

And the advantage of having your own wafer factory is that you don't have to be controlled by others. Uncle Qi, you know, our company's current chip products are very dependent on Taiwan's wafer foundry, especially the most advanced generation of 0.35 micron process, which cannot be done in China at present, so it can only be put in Taiwan. And the situation in the strait has not been calm this year, and if we had not been trading through a Hong Kong agency, the tensions in March and April might have affected our shipments.

In addition, once we have our own 0.8 micron process fab, we have our own process experiment platform, which can pre-research the next generation process technology, which is quite beneficial. After our estimates, we feel that it is still profitable to invest in the 0.8 micron process, and as long as the project is progressing smoothly, it will not be a problem to recover the investment within five years at most, and in a strategic sense, this project is still very beneficial to our company, even if it is not profitable.

With these factors in mind, we are ready to invest in the fab. ”

After Hu Yiting said this, he licked his lips and emphasized again: "If it weren't for Uncle Qi's request, we wouldn't have planned to put this project in Fuzhou." ”

Qi Weimin already knew Hu Yiting's thoughts very clearly at this time, and the weight of Chongguang Company in his mind began to increase.

"In that case, on behalf of the province and the city, I would like to thank you for your support, and I personally thank you very much for your love for me.

Xiaohu, you do a good job, I am very optimistic about your heavy light, forget about the PCB project, it is not in line with your strategic development, and it is not considered in our previous research work. ”

Hu Yiting hurriedly said: "Where, this is also a very good project, if you need it, we still have the ability to work on the two projects together." ”

Qi waved his hand: "Do unto others as you would not have them do unto you, as a government, we hope to achieve a win-win situation with investors, and we must not force you to do things that do not meet your strategic needs." I think the fab project is very good, and I am very touched that you can choose to settle such an excellent project in Fuzhou. ”

Hu Yiting said: "Thank you Uncle Qi for your understanding." Then we will add a wafer factory project on the basis of the previous three projects, I estimate that the total investment is about 2 billion, which should not cost more than the Huajing factory project, but once the technical transformation is carried out in the later stage, there will be additional investment.

In addition, although we do not invest in PCB projects, but we can help Fuzhou to introduce a such project, as a downstream enterprise, we have a very good relationship with suppliers, in the future we will try to pull more friends to invest in Fuzhou, for our heavy light project to do support. ”

Qi Weimin said with a smile: "This is good! If you can bring in a group of upstream and downstream enterprises to form an industrial agglomeration effect in Fuzhou, this is stronger than anything else." ”

Hu Yiting said: "In fact, in the long run, our repeater project is very potential, I estimate that the Ministry of Education will sooner or later carry out English education reform, from simply focusing on written English, to the speaking and listening are also included in the direction of education and examinations, as long as the Ministry of Education can give a policy as soon as possible, our repeater project will not be a problem to sell millions of units a year." ”

Qi Weimin was surprised: "Millions of units?"

Hu Yiting said confidently: "According to our research, this market will increase to more than 10 million units in ten years, and this data is confidential in our republic, but I know everything about you." ”

Qi Weimin said: "If that's the case, of course it's good, I wish you success!"