Chapter 589: A Solution to the Funding Problem
The plan for the chip production base was formalized. Pen | fun | pavilion www. biquge。 info
However, after the plan is decided, the ensuing problem is the problem of funding.
According to the previous plan, the investment in this chip production base is not less than 10 billion yuan, and this is only the initial investment, and I don't know how much capital is needed in the later stage, which is completely unlimited.
Now, after Su Rui's suggestion, the design and planning of the chip production base has been more than doubled, and the expansion of the wafer factory alone requires more than double the investment, that is to say, the upfront investment alone needs more than 20 billion yuan, or even higher.
Life Group can now provide only 850 million yuan of funds to Lightyear Technology.
850 million yuan, at the beginning, I thought it was a large amount of money, and it could do a lot of things, but now it seems that it is not of much use, and many things cannot be done.
Of course, 850 million yuan is not much, it depends on where it is used.
If the 850 million yuan is used to buy a car, 500,000 yuan can already buy a pretty good car, and then you can buy 1,700 cars, which is more than the cars of a large auto show.
And if the money is spent on buying a house, if a 100-square-meter house is sold for 1 million yuan, then 850 million yuan can already buy 850 sets.
850 houses can be regarded as medium-sized communities, and the purchasing power of 850 million yuan is also quite strong.
Therefore, this 850 million yuan can indeed be regarded as a large amount, and it is also an amount that many people, even many enterprises, cannot have in a lifetime.
It's just that 850 million yuan is invested in the semiconductor industry, especially in the chip industry, then this money can only be regarded as a small amount of money, in some semiconductor companies, 850 million yuan of investment is thrown in, not even a sound can be heard, if you want to make a big career with this, it is a joke in vain, especially if there is only one enterprise investment, it will be even more laughing off the big teeth.
The most important thing is that Lightyear Technology is not only ready to complete this project alone, but also is ready to cover the entire industrial chain from upstream to downstream, which requires a huge amount of investment.
In the face of this, the available funds of 850 million yuan are indeed not much, and even can only be regarded as a small amount.
However, Su Rui is not so arrogant that he can't see anything clearly, of course, he also knows that he wants to invest in chip projects, and wants to complete the industrial chain from upstream to downstream, which requires extremely huge funds, and some companies often invest tens of billions of yuan in funds, but they can't make a sound, and they can't make a market-competitive chip, let alone 850 million yuan, which can't even meet the initial investment.
He is very clear about this, and he knows that even if he has a life modifier and thus has many advantages that many companies cannot have, it is impossible to use 850 million yuan to make the entire industrial chain from upstream to downstream, which is completely impossible.
However, Su Rui still insists on investing in chip projects, and blindly insists on developing the entire industrial chain, which naturally has his reasons and grasp.
850 million yuan, although it is not much, but this is not all the amount that Life Group can take out, this is only the available funds that Life Group can take out at present, and more funds can naturally be provided later.
Not to mention anything else, the monthly profits of Excellence Electrical Appliance Company and Yongzhen Battery Company are a lot, which is a very considerable amount, and Infinity Engine Company has also begun to make profits, and the predicted profit is also extremely high, and its potential is not lower than that of Excellence Electrical Appliance Company and Yongzhen Battery Company, and Zhenxiang Food Company can also provide a lot of profits with an ice cream.
In addition, Lightspeed Mechanical Manufacturing is also about to launch a new product and launch a new road bike, which is also a project that is destined to be profitable.
It can be said that in the coming days, the profits of these five subsidiaries are very considerable, except for leaving a part of the funds for the development and expansion of the scale, the rest will be handed over to the life group, which will add up to a large amount.
In this way, in addition to being able to come up with 850 million yuan now, Life Group can also provide funds one after another in the future, and the funds that can be provided in the future will be countless times that of 850 million yuan.
This chip project does require a high amount of investment, and the entire industrial chain requires a lot of capital to operate, but it does not need to be taken out at one time, even if it is the amount required for the initial investment, it can be provided in batches and times, and it is not necessary to take it all out now.
850 million yuan, even if the initial investment cannot be completed, but it is still enough to support the construction of buildings, such as factories, warehouses, laboratories and the like.
The buildings that need to be built alone will take a lot of time to complete, which will give Lightyear Technology a lot of time to prepare for the follow-up funding, and there is no need to take it all out now.
In this way, the funds needed by Lightyear Technology can be solved slowly.
Judging from the profitability of several subsidiaries and the future development prospects, it is more than enough to provide enough funds for Lightyear Technology to complete the chip project, and there is no need to worry about not providing enough funds.
Even if you take 10,000 steps back, the subsidiaries of Life Group cannot hand over enough profits, resulting in the group being unable to provide enough funds for Lightyear Technology Company to develop chip projects, which is not a big deal.
Because, as long as Lightyear Technology Company announces that it will invest in chip projects and officially implement the project, such as determining the site selection and starting to build a plant, it can apply for loans from the local government and banks, which should not be able to apply for funds, and loans of hundreds of millions of yuan or billions of yuan can still be easily applied.
If Su Rui can publish some chip technology, so that the government can see the advantages and see the prospects for development, then billions of yuan of loans can be put in place immediately, and higher loan amounts are not ruled out.
Therefore, he is not worried about the funds needed to build a chip production base, mainly because there are too many solutions, and there is no need to worry about insufficient funds at all.
And Su Rui is also preparing to apply for loans from the government and banks, even if Life Group has the ability to provide sufficient funds, he still wants to apply for a loan.
The main thing is that he wants to speed up the process of the chip project and does not want to spend so much time.
The sooner the chip project is, the better, the longer the time drags on, the more it will lag behind other peers, the more obvious the disadvantage will be, and the greater the price you need to pay if you want to catch up with your peers.
Therefore, the process of the chip project is as fast as possible, so as to reduce the gap with peers, and to catch up with and surpass peers faster.
As a result, a large amount of funds are needed in the early stage to speed up the process of the project, and only with sufficient funds can various investments and projects be completed in a short period of time, and funds are the top priority.
Therefore, Su Rui has asked Shen Qing to start preparing for relevant work, and apply for loans from the local government and banks in the name of the chip project at the right time.