Chapter 281: High Hopes, Autographed Inscription
Hu Yiting nodded and said modestly: "Although Chongguang's profits are higher, we are in different industries and cannot be simply compared.
After all, we are engaged in IC, and they are engaged in feed. Our technology has a monopoly, patents are exclusive, and our products are sold globally, so the investment threshold and technical threshold are extremely high. They are in traditional industries, with low capital and technical thresholds, and their products are regional, so they can only be sold in China, so their profit margins and sales are naturally lower. ”
Mr. Jiang nodded solemnly: "You can maintain a humble attitude, this is a very good attitude!"
It is a miracle that Chongguang has been able to complete the development path that other enterprises can only take more than 10 years to complete overnight! In less than a year since its establishment, it has been able to win the double champion of sales and profits of domestic private enterprises! Such a rise speed is simply incredible!
After speaking, Mr. Jiang instructed the leaders of the propaganda department beside him: "You have witnessed with your own eyes today a miracle brought about by reform and opening up! This is the fruit of the birth of the socialist system with Chinese characteristics! In the future, you should do more propaganda and conduct in-depth interviews with such enterprises, so as to introduce their experience and experience to more people in China!"
The leader of the propaganda department immediately agreed, and said enthusiastically to Hu Yiting on the spot: "Hello Comrade Xiaohu, I am Li Yinshan, when Mr. Jiang's inspection is over, please arrange time to accept an exclusive interview with the media of the propaganda department, and introduce the development trajectory and major deeds of your Chongguang company." ”
Hu Yiting smiled and agreed: "Of course it's no problem." ”
Next, Mr. Jiang asked Hu Yiting some questions about the development of the enterprise, and asked in detail about the direction of Chongguang's current technological development. When he learned that Chongguang is currently advancing in software, IC, and communication equipment, and are rising rapidly, his mood became better and better, with a bright smile on his face, and he talked and laughed with the employees and accompanying leaders of Chongguang Company from time to time.
Wang Lili took the opportunity to order her subordinates to take out pen and ink and ask Mr. Jiang to write an inscription.
Mr. Jiang laughed and said to Wang Lili: "Little girl, what do you want me to mention?" ”
The leader next to him reminded with a smile: "Secretary Jiang is in a good mood today, and he actually asked you to choose your own topic, which is a big face." ”
Wang Lili was called a little girl by Mr. Jiang, smiled from ear to ear, and said: "Then please ask Mr. Jiang to give us the title of Chongguang Group, we cast a golden signboard to hang at the door of the company, and we will live up to the hope of the secretary in the future, it will develop rapidly, the technology will be more progressive, and it will become the best high-tech enterprise in the world!"
Mr. Jiang laughed: "You are embarrassing me, I have never mentioned the name of the company before, um, but what you said is very good, since you have set such a high goal for yourself and want to become the best enterprise in the world, then I will make an exception today to see if I can help you realize your wishes, if it can really be realized, it is the luck of China's science and technology, the luck of the country!"
Wang Lili immediately took the lead in applauding excitedly.
Mr. Jiang lifted a large pen in applause, wrote down the four big characters of "Chongguang Group" on the table covered with rice paper in one go.
So everyone applauded, Wang Lili quickly moved the rice paper away in the applause, spread another one, and said with a smile: "Mr. Jiang, you are in a good mood today? The characters are also written so heartily! Please improvise for us again, and leave another ink treasure!"
Mr. Jiang laughed, and the accompanying leader next to him smiled: "You little girl is a little greedy, you are worthy of being the president of the company, and you are very good at doing business!"
Mr. Jiang took the brush and said with a smile: "I promise you, little girl, I will write you another piece of my heart!"
After speaking, Mr. Jiang wrote another sentence without thinking, "forge ahead, bravely climb new heights of science and technology, modestly and prudently create a world-class enterprise, and strive to realize the great rejuvenation of the Chinese nation as soon as possible!"
After finishing writing, Mr. Jiang put down his pen, turned to Wang Lili and said: "You are eclectic in employing people, and you actually use a college student as the president, it seems that you are not a simple little girl today, hahaha." ”
When Wang Lili heard that Mr. Jiang had already known that she was studying art, she immediately smiled from ear to ear: "Thank you, Mr. Jiang, for your compliment." ”
Mr. Jiang smiled and asked, "Then I'll test you, how many employees do you have now?"
Wang Lili replied neatly: "There are 111 employees directly under Chongguang Group, 124 employees of Chongguang Microelectronics Company, 388 employees of Chongguang Software Company, 315 employees in the R&D department of Chongguang Communication Company, and 1,099 employees in the manufacturing department. ”
Mr. Jiang nodded approvingly: "You Chongguang can expand to such a scale in a short period of time, and you, as the president, needless to say, must have made great contributions." ”
Wang Lili said happily: "Mr. Jiang gave me such a high praise, I didn't dare to take it, I just did my best." ”
Mr. Jiang nodded with a smile, and then asked Hu Yiting: "I heard that you are going to invest in building a flash memory chip factory, right? ”
Hu Yiting hurriedly said: "That's true, Secretary Jiang, you guessed right."
The reason why we dare to invest heavily in the production of flash memory chips is that on the one hand, the price of the international flash memory market has been relatively stable and upward, and on the other hand, the demand for products has been rising.
In addition, we consider that if Chongguang's USB disk sells well in the future, with the current production capacity of the world flash memory market, there will inevitably be a tight supply, and of course the price will soar, so we decided to do a big vote, take out all the funds and debts to operate this flash memory chip factory project. ”
Mr. Jiang asked, "How much money do you want to borrow?"
Hu Yiting said: "At present, we have done a good job of the early investment plan and have submitted it to the ministry.
After careful communication with the American Cyrix company, according to the current quotation of American equipment manufacturers, after accurate calculation, the total investment amount is greatly reduced compared with the 10 billion yuan we expected, and now it seems that only about 850 million US dollars is enough, according to the current exchange rate of the People's Bank of China 8.31, it is about 7 billion yuan.
If the construction can start in the second quarter of this year as planned, it is expected to be completed before the end of next year, when the first eight-inch flash memory chip factory will be established on Chinese soil, and a matching eight-inch silicon rod factory and wafer cutting factory, as well as a chip packaging factory. ”
"At present, Intel has decided to build a flash memory chip packaging factory in Puhai, China, with a total investment of 98.9 million US dollars, which will start construction at the end of this year, and is planned to be put into production in 98 years, with an expected construction period of about 14 to 18 months.
You see between the two companies, can you communicate that you pay for their packaging plant, so that you don't have to invest in building a new packaging factory, and in terms of silicon wafers, you can import Japanese eight-inch silicon wafers, which can save the investment of a silicon rod stretching and cutting factory, and the two add up, you can save about 200 million US dollars in investment. ”
Hu Yiting scratched his head: "To be honest, we don't have bargaining power, I'm afraid we will be slaughtered by Intel and the Japanese." Secretary Jiang, you know, the lowest gross profit margin in the IC industry is more than 40%, otherwise there is no investment value, even if it is negotiated, when the silicon wafer makes the Japanese earn 40%, and the packaging makes Intel earn 40%, then the profit of our products will be very thin. In case of a headache and brain fever, people get stuck in our necks, and we may not even be able to provide a backup plan in China.
According to the plan, we plan to use this factory to produce 8M and 16M flash memory chips with 0.35 micron line width, and I am personally very confident in our company's technical strength, and can overcome 32M and 64M capacity flash memory products as soon as possible through the accumulation of experience and process research and development improvement after production on the basis of this line width.
At present, the maximum capacity of flash memory chips sold in the world's commercial market is 32M, which is the 0.35 micron process used, but the process equipment of flash memory chips is simpler and cheaper than CPUs. At present, the market generally expects that around the end of this year, Intel will transform 64M flash memory from laboratory process to actual production, and is expected to become the world's first company to officially put into production 64M flash memory in mid-97.
If we outsource both wafers and packaging, we don't want to see margins on our low-volume products plummet as new high-volume products with higher processes come to market. ”
Mr. Jiang nodded slowly to agree with Hu Yiting's idea, and asked, "What is the price of flash memory chips now?"
Hu Yiting replied truthfully: "For my country, the CIF price of Toshiba's products in Japan is the cheapest, the price of 8M products is 1280 yen, and the current exchange rate of the yen against the US dollar is above 108, which is equivalent to 12 US dollars, according to the exchange rate of 8.31, which is equivalent to about 100 yuan per piece." The 16M product is about 190 yuan, and the 32M product is not long after it came out, and only Intel can supply it at present, and the lack of production capacity leads to a high price, 480 yuan a piece. The USB disk numbered NO.1 that we gave to you from Chongguang Company uses Intel's 32M flash memory. ”
Mr. Jiang said thoughtfully: "At present, the import tax rate levied by the national team's flash memory chips seems to be 20%, right? That is to say, you will have to get 120 yuan for 8M chips, but if they are used for manufacturing and exporting, the state can give you a refund of 17.5% as an export tax rebate, so I hope you can export more." ”
Hu Yiting said: "We are very grateful to the country's export tax rebate policy. ”
Secretary Jiang Shui said with a smile: "Since you have made the plan, after the ministry approves it, the central government will fully support it, tell me, how much do you want to borrow?"
Hu Yiting said with a smile: "It's best to be able to borrow 80%, and it's okay not to get 70%." ”
Mr. Jiang said: "I want to borrow so much! 80 percent is $680 million, which is a lot of money, if you plan to borrow all the yuan, it's okay, but if you want to borrow all the dollars, it's a little difficult." ”
Hu Yiting said: "We can borrow half of the yuan and half of the dollar, and at present our company has more than 300 million US dollars lying on its books, plus the profits we expect to make this year, which is enough to pay for the foreign exchange we have to spend."
I thought that if the state could give us some preferential treatment for construction land and factory construction, then we wouldn't need to borrow so much. ”
Mr. Jiang asked: "Since you have so much foreign exchange and your ability to repay your debts is not a problem, then as you said, you can borrow half of the yuan and half of the dollar." I think the site will be located in Pudong, opposite the new Huahong factory planned by the 909 project, so that the Puhai municipal government will use the industrial land and plant construction fees to convert the shares, so that you can borrow 2 billion yuan and 340 million US dollars. ”
Hu Yiting said in his heart that he was expecting the state to give me land and subsidize construction costs, but he didn't expect that Mr. Jiang meant to convert the money into shares, but this is not unacceptable, anyway, Chongguang's burden is reduced.
"Thank you, Mr. Jiang. ”
Mr. Jiang said with a smile: "Your investment in flash memory chip factories is beneficial to the country and the people, and it is very important to improve the overall level of China's integrated circuit industry, which is a great thing, and the central government will continue to pay attention to and support you." After the Chinese New Year, I will ask the Puhai Municipal Government to talk to you in detail about the specific details of the shareholding. Sino-foreign joint ventures originally enjoyed the policy of tax exemption for three years and halved tax after three years, and you are introducing the world's top integrated circuit industry, which is an urgently needed project to serve the country's scientific and technological development, so the central government will let the Puhai Municipal Government give you more tilt in policy and take more care of you in ordinary times. In addition, you can ask the Puhai education department to build a first-class middle school and a municipal kindergarten near your factory to solve the worries of your employees, and then give all your employees the local hukou of Puhai, so that they can enjoy Puhai's local high-quality medical services and social security at low cost, which is also convenient for you to absorb the best talents in China, what do you think of these preferential policies?"
Hu Yiting hurriedly agreed: "This is great, Mr. Jiang, you have considered us very thoughtfully, I thank you very much." ”
Next, Mr. Jiang inspected the staff lounge of Chongguang with a smile, and then visited the construction site that was being expanded according to the drawing planning.
"In this way, according to state regulations, as a cadre who is a businessman for the spouse of a child, your father will be at most a deputy department, and he will no longer be able to be promoted. Now that your company is so big, have you ever thought about asking your father to come down and help you do it?"
Hu Yiting said: "I hope he can come to the company to help me, but my father likes his work, which makes me feel as if he has ruined his career, and I feel a little sorry." ”
Mr. Jiang nodded: "You can think like this, it means that you are a filial son, and your father should be proud to have a son like you."
In my opinion, he shouldn't have any worries, as the saying goes, father and son soldiers go into battle, what are they doing together!
The next time you do his job, just say that Secretary Jiang said this, and let him help his son do a great job, hahaha. ”
Hu Yiting smiled and closed his mouth: "Okay, I will definitely relay your instructions to him." ”
Mr. Jiang said with a smile: "But you still have to respect his personal wishes, he has single-handedly cultivated a genius like you, needless to say, he must also be a very great person." ”
Hu Yiting nodded and said with a smile: "Our family also has a genius, it is my sister, she is an orphan, but she is very talented in music, and she will go to the Spring Festival Gala this year, solo!"
Mr. Jiang glared and said, "So she was adopted by your parents?" and asked Li Yinshan, the leader of the propaganda department next to him, "Do you know about this? Well, there is such an excellent family? Is it true that both children can be cultivated so well! I have unearthed another news clue for you!"
Everyone laughed when they heard this, and they knew in their hearts that Mr. Jiang was very serious about Hu Yiting, and Li Yinshan hurriedly asked, "Xiaohu, what is your sister's name?"
"Child shepherd. ”
"Oh. Liu Yun nodded heavily and stopped talking.
Of course, Hu Yiting hopes that Tong Mu's future road will be smoother and smoother, so he specially mentioned her name on such a rare occasion today, and he himself does not know whether it will work or not. However, if Vice Minister Li Yinshan, who was the propaganda mouth, really remembered the name of Tong Mu, it would definitely be only good and not bad.