The history of the development of China's semiconductors is undoubtedly very difficult, in the Cold War, Western countries led by the United States imperialism formed Batumi, embargo and trade restrictions on socialist countries, China as a socialist camp second only to the Soviet Union is a big country, naturally is the top priority of embargo and restrictions. Ｘ

After the collapse of the Soviet Union, the United States imperialism, which was determined to die, instigated the famous "Wassenaar Agreement" and continued to impose embargoes and trade restrictions on China.

In order to break through the bottleneck of semiconductor production, China invested heavily in the "908" and "909" projects led by the government in the mid-to-late 90s of the 20th century, and successively established two core state-owned enterprises, Huajing and Huahong.

However, Huajing, Huahong and other state-owned enterprises have encountered the restrictions of the "Wassenaar Agreement" in purchasing equipment in the international market, and basically ended in failure.

The export control of China by Western countries such as the United States imperialism has made China's semiconductor equipment manufacturing industry 23 generations behind the international advanced level, which is about 10 years behind the international advanced level.

It was not until the emergence of Chinese American Zhang Rujing in 2000 that China found a shortcut to catch up with the advanced level of the semiconductor industry.

Now, Lin Cheng found Zhang Rujing two years in advance, if Zhang Rujing can really promise Lin Cheng to go back to the mainland to set up a wafer factory together, then Lin Cheng will undoubtedly become a hero in China's semiconductor industry.

In order to show his importance to Zhang Rujing, Lin Cheng went against the norm this time and came to the reserved box of the Sheraton Baodao Hotel half an hour in advance, waiting for Zhang Rujing's arrival.

In the past, others waited for Lin Cheng half an hour in advance, but this time it was finally Lin Cheng's turn to taste the taste of waiting.

At eight o'clock, Zhang Rujing finally arrived on time, he was fifty years old this year, with a pair of glasses, always with a smile on the corner of his mouth, and the whole person looked very elegant.

As soon as he saw Lin Cheng when he entered the box, Zhang Rujing stretched out his palm from afar and said apologetically: "I'm sorry, I'm sorry, the traffic in Taipei is too congested, and Lin Sheng has been waiting for a long time." ”

Lin Cheng stretched out his palm and shook Zhang Rujing, and said: "China's semiconductor industry started in 1956, and it has been forty-two years so far.

Zhang Rujing's face changed when he heard this, and asked: "Could it be that Lin Sheng is here on behalf of the mainland government, if so, then we don't have to talk about it, I think Lin Sheng should know the 'Wassenaar Agreement', once I cooperate with the mainland government to build a wafer factory, then many advanced equipment in the world will be difficult to buy, and it will be difficult for enterprises to develop." It's useless to say more, take your leave!"

After that, Zhang Rujing really raised his feet and left.

Damn, is this pretending to be forced to be grass?!

"Wait!" Lin Cheng hurriedly said: "Mr. Zhang has made up his mind too early, I am only here on my own behalf and have nothing to do with the mainland government, but I just have another Chinese core." Please sit down, Mr. Zhang, I am very sincere about the joint venture to establish a wafer factory, Mr. Zhang may wish to sit down and discuss with me slowly. ”

Zhang Rujing was skeptical, but he still stopped and sat down, wanting to hear Lin Cheng's wafer factory construction plan.

Lin Cheng pondered his words and said: "My plan is for Today Capital, me and you to jointly establish a semiconductor company, just like TSMC, focusing on wafer foundry production."

In order to circumvent the restrictions of the Wassenaar Accord, I have contacted the U.S. Imperial's Today Capital, which is the main investment company, contributing 2.5 billion US dollars, while I personally invest 2 billion US dollars, and Mr. Zhang only needs to raise 500 million US dollars to jointly create a semiconductor company called Loongson International.

In terms of equity, Today Capital gave 2.5% of the shares to the management team, accounting for 47.5%, and I also gave up 2.5%, accounting for 37.5%, and the management team headed by Mr. Zhang can occupy 15% of the shares as long as they contribute 500 million US dollars.

In addition, if Mr. Zhang can't come up with $500 million for a while, I can also lend this money to Mr. Zhang first, and then establish Loongson International. ”

I have to admit that after listening to Lin Cheng's conditions, Zhang Rujing was completely moved, the major shareholder of Loongson International is a company headquartered in the United States, and Lin Cheng's investment is also a personal investment, and it has nothing to do with the mainland government, so that it can perfectly bypass the restrictions of the "Wassenaar Agreement" and buy advanced semiconductor production equipment from European and American countries.

Secondly, today's capital and Lin Cheng are both wealthy financiers, and just looking at Loongson International's initial investment of 5 billion US dollars, it can be seen that the other party does have ambitions to enter the semiconductor industry.

In the end, it is Zhang Rujing's most exciting management of Loongson International, Lin Cheng and Today's Capital have made it clear that Che Ma has no intention of getting involved in the company's management rights, so wouldn't he Zhang Rujing be able to work fast without constraints on Loongson International?

Even Shida Semiconductor failed to give him this power, otherwise it would not have been in 2000, when the world's major shareholders decided to sell their shares to TSMC, and Zhang Rujing was still kept in the dark.

If Zhang Rujing still refuses such a good condition, he will not know how to lift, he just asked half-convinced: "Is this true?"

Lin Cheng said with a smile: "Mr. Zhang is joking, I, Lin Cheng, am the richest Chinese in the world, and my reputation is more than this $2 billion investment, how can I talk in front of Mr. Zhang?!"

Zhang Rujing thought to himself, Lin Cheng is the richest Chinese in the world, why not lie to himself as a little person!

So he said: "Since Mr. Lin Cheng is full of enthusiasm and has attracted the famous today's capital, if I, Zhang Rujing, still refuse, it will be too ignorant, Mr. Lin Cheng, we have a happy cooperation." ”

After saying that, Zhang Rujing stood up, stretched out his hands to Lin Cheng again, and motioned to shake hands with Lin Cheng.

Lin Cheng hurriedly stood up, shook Zhang Rujing's hand, and said in a deep voice: "Mr. Zhang, then everything is up to you, Loongson International will soon be registered in the Cayman Islands, and as for the wafer factory, it will be established in the first-tier cities of the mainland."

As for which city will be established, Mr. Zhang will set up a management team to investigate, the mainland official will definitely have a welcome attitude, I have imagined the scene of the first-tier cities fighting for the landing of Loongson International. ”

Zhang Rujing said excitedly: "Then thank Lin Sheng for his trust." It's just that Lin Sheng is a sitting tiger in the mainland, and he should be more familiar with the big cities in the mainland than I am, and Lin Sheng thinks that the construction of factories in that city is more conducive to Loongson International. ”r