New year, new beginnings. Pen ~ fun ~ pavilion www.biquge.info

Because Xu Teng had been visiting Europe before, after the Spring Festival in 2013, on the first day of the resumption of work on the sixth day of the Lunar New Year, all the joint partners of the Huayin Consortium arrived in Jiangzhou and held this year's annual meeting in Jiangzhou Huateng Science and Technology Building.

The situation is generally good.

The 2012 performance of the Huayin consortium is very beautiful, although there are several world-class large-scale mergers and acquisitions, the total debt ratio of the consortium is still controlled at 40%, 1/4 of the debt comes from domestic and foreign policy loans, 1/3 of the debt comes from the consortium's own financial institutions, financing costs and financial risks of the consortium are well controlled.

In 2012, the five major industries of information security and big data services, e-commerce, semiconductors, automobiles, and machine tools under the consortium made the most obvious progress.

In the field of manufacturing, the main industry and manufacturing foundry have been further separated, and the large-scale popularization of industrial robots and the layout adjustment of the transfer of manufacturing to second- and third-tier cities have also been completed ahead of schedule, effectively suppressing the pressure of rising labor costs.

Huayin Consortium's traditional precision manufacturing industries such as automobiles, auto parts, machine tools, construction machinery, home appliances, electrical and automatic equipment, chemicals, materials, etc., as well as supporting enterprises in various industries, have basically separated from the Pearl River Delta, where labor costs have grown the fastest, and along the Yangtze River line, concentrated in the middle reaches of the Yangtze River and the lower reaches of the economic zone to rationally arrange production capacity.

The semiconductor industry is widely distributed, and is still relatively concentrated in the Pearl River Delta and the Yangtze River Delta.

The center of the Huayin Consortium is concentrated between the Chongqing-Shanghai line, from Yuzhou to Jiangzhou, from Ningzhou to Huzhou, along the Yangtze River line of higher education institutions in seven large cities, and the consortium's scientific research institutions are widely distributed.

In the north, the industry is still concentrated in Beijing and Tianjin, in the south is concentrated in Shenzhen, Dongguan and Guangzhou, out of the interests of the consortium, the Huayin consortium also used all the lobbying power to persuade the government to build the Shenzhen-Zhongshan Bridge in 2012 in advance, and the total investment and operation is undertaken by the Wanbo Group, 70% of the construction capital is the Huayin consortium is responsible for financing...... This bridge is too important for the Huayin Consortium to be built.

As for the Zhuhai-Hong Kong-Macao Bridge, although there were suggestions and expectations from top to bottom, the Huayin Consortium still did not participate, and it was very shrewd to choose to separate from the China Construction Group, with the Huayin Consortium and the China Communications Group responsible for the Shenzhen-Zhongshan Bridge, and the China State Construction Group responsible for the Zhuhai-Hong Kong-Macao Bridge.

Xu Teng's reason for evadicating it is very simple: since Hong Kong is not allowed to extend a section to Shenzhou, the actual value of this bridge is less than half, and it has no meaning to the Huayin consortium.

The financial center of the Huayin consortium in the south is located in Hong Kong, the semiconductor and communication technology center is located in Shenzhou, the R&D and production center of pharmaceutical and bioengineering is in Zhuzhou, and the most important chip foundry must be located in Hengqin Industrial Park in Macau.

This structure of industrial layout forced Xu Teng to go to Hong Kong twice in 2008 and 2009 to lobby for the Zhuhai-Hong Kong-Macao Bridge to adopt a double Y plan.

The result is useless, and the entry and exit management problem insisted on by the Hong Kong side is indeed a big killer, which is both simple and effective, and it can easily kill the double Y plan.

In 2010, when the single-Y plan required by the Hong Kong side was finally determined, Xu Teng immediately made a decision to let the Huayin consortium withdraw from the bidding for the general contractor builder and financing of the Zhuhai-Hong Kong-Macao Bridge, and exert all efforts to accelerate the construction of the Shenzhen-Zhongshan Bridge.

To put it mildly, the Huayin Consortium at that time almost single-handedly challenged the entire Hong Kong community, and the height of fierce competition has been raised to a strategic level that threatens the prosperity and stability of 1G2Z.

In 2011, seeing that it could not stop the Huayin Consortium, all walks of life in Hong Kong put forward a new view that the Shenzhen-Zhongshan Corridor must wait for the opening of the Zhuhai-Hong Kong-Macao Bridge to be rebuilt, but it was overturned by the Huayin Consortium.

Xu Teng's defense point of view seems to have dozens of points, but in fact, only three points are the last word - first, the overall situation of the design center of China's chip industry in Shenzhou, and the manufacturing and packaging and testing center in Zhuhai can no longer be changed, which is the only workaround under US sanctions.

Second, if China's economy wants to maintain a medium- and long-term growth rate of more than 6.5%, the pressure is very high, and it is more important than any other issue.

Third, the stability of 1G2Z does not depend on the prosperity of Hong Kong, Macao and Taiwan, but on the superiority and stability of the mainland system.

The final result was that the Huayin Consortium independently undertook the construction and operation of the Shenzhen-Zhongshan Bridge, and the plans were ready-made, and all the demonstration work was quickly completed in October 2011, and the construction was fully started in January 2012...... In fact, a lot of sectional construction and preparation work has been carried out in advance by the Huayin Consortium since March 2011.

Therefore, the expressway and high-speed rail general Shenzhong Bridge is expected to be completed in July 2014, in fact, may be officially opened to traffic in November 2013, high-speed rail, high-speed are directly from Guanzhou into the Macau Hengqin Industrial Park hosted by the Huayin Consortium, forming a complete high-speed channel for the semiconductor industry.

This bridge, Huayin Consortium is determined to complete the bridge as soon as possible at a loss, and does not hesitate to let the benefits of CCCC and China Railway Group, and persuade the two central enterprise groups to work together with the best quality team to speed up the construction progress, and it will also be opened at the end of 2013.

This is Xu Teng's style, for the sake of victory, at all costs, especially the strategic decisions related to the overall situation, loss and profit are not important, success is done, and success is victory.

Xu Teng rarely cares about the tactical business operation plans and strategies of the entire Huayin consortium and various subordinate industrial groups, but in the strategic direction, Xu Teng has always controlled it very steadily.

At this stage in February 2013, after ten years of transfer and development, the Yangtze River Economic Belt strategy of Xu Teng and Huayin Consortium has basically taken shape, with the Yangtze River Delta and Huzhou as the leader, along the entire Yangtze River line of two municipalities directly under the central government and five sub-provincial city layout, with 7 major cities as the center, to the surrounding third-tier cities to transfer the production capacity of supporting enterprises.

At this stage of the industrial chain layout, the demonstration period of the Shanghai-Chongqing high-speed railway will also end in the first half of 2013, and the construction will start in July 2013.

Therefore, the 2013 annual meeting was very gratifying, the strategic transfer has been formed, and now the domestic manufacturing costs are rising too fast, the Huayin consortium still has an advantage in this regard, avoiding the Pearl River Delta and the Yangtze River Delta, it is much easier to recruit workers, employees are also very stable, and the turnover rate is very low.

How to maintain the quality and process standards of production, how to maintain the qualified rate of products, how to control the rework rate and defective rate, first of all, employees should be stable.

In fact, Huayin Consortium is the only self-contained industry 3.0 in China, from upstream materials to downstream manufacturing, the entire supporting system has also been transferred to the middle reaches of the Yangtze River, extending to Hunan, Hubei and Chongqing in the central and western regions.

The core essence of the Huayin Consortium is the financial industry, and through Huaxia Bank, Minsheng Bank and Yangtze River Bank, it provides financing for the entire supporting industrial chain and supports these enterprises to migrate to more suitable areas.

At the same time, the relatively abundant transportation capacity of the Yangtze River Economic Belt and various support policies of provinces and cities along the route will be used to effectively reduce the operating costs and production costs of the entire consortium.

My tax is lower than yours, my labor is lower than yours, my land price is lower than yours, my transportation is cheaper than yours, the entire Yangtze River Economic Belt has 22 first-tier and second-tier cities, 150 colleges and universities, and 42 211/985 universities, the supply of talents is more abundant than yours, and the efficiency of scientific research is higher than yours.

How can I end up with a product that isn't cheaper than yours?

In fact, this industrial transfer has been basically completed in 2010, and in 2012, this data is taken out, and it is very beautiful to compare the competitors of the Pearl River Delta and the Yangtze River Delta.

By 2013, the country's best quality enterprises are located in Beijing-Tianjin-Hebei, Yangtze River Delta, Pearl River Delta, but Huayin Consortium spans the entire Yangtze River Basin, from Xishu to Central China, to East China, along the Yangtze River line.

History has repeatedly proved that if we want to unify China, we must move from north to south militarily, and we must take the Yangtze River as a link economically.

The three places are integrated, with the largest population, the largest number of colleges and universities, and the best foundation for humanities education.

Xu Teng's way of doing business was initially to learn various business school cases and corporate advertorials, and later took other joint partners and elders as his teacher, under the tutelage of Li Xueliang, who was also the talent of Lao Wang, and was familiar with Mao's Art of War, and finally mastered it and became one of the gods of management who achieved merit to the realm.

The way of doing business.

His understanding is from complex to simple, and there is a simplest understanding - doing business, winning people, winning the world.

To put it simply, running to a province with a large population is right.

Therefore, Xu Teng's life is very good now, because he runs fast and happily, because he is the king of the Yangtze River, along the layout of the Yangtze River Economic Belt, which has the largest Chinese population and higher education, and every province and city has to treat the Huayin Consortium as a guest.

Of course, being treated as a guest doesn't mean it's all good, and there are troubles.

Xu Teng was not in the country in the second half of last year, and as soon as he came back for the New Year, many provincial leaders couldn't wait to come to the door to discuss major matters.

On the second day of the Lunar New Year, there was a team led by the provincial leaders in Jiangnan Province to stay at the Grand Hyatt Hotel in Xicheng District, Jiangzhou, in fact, they were all acquaintances, they met in 2006, and they were to give face, and they visited on the fourth day of the Lunar New Year, and they didn't talk about it at that time.

It wasn't until Xu Teng finished the annual meeting in the past few days that the leader Jiang asked to visit again, this time he really wanted to talk about things.

Xu Teng dealt with a few things this morning, specially invited the other party to dine at home, and when Jiang Leader came over, he also brought Zhang Yurong, chairman of Rongsheng Heavy Industry, over to introduce the two sides to each other.

Xu Teng is indeed the first time to meet the boss of the largest private enterprise in China's shipbuilding industry, take a general look, chat a few words, feel that this person is okay, of course, shipbuilding business, he will definitely not get involved, not to mention the mess of Rongsheng Heavy Industry.

In the Chinese business community, Xu Teng's news is very well-informed, some time ago, China Shipbuilding Group had talked with the Huayin Consortium to finance the acquisition of Rongsheng Heavy Industry with the Huayin Consortium, but ran away as soon as the accounts were checked.

Scared away.

Isn't this a joke, whether it is to borrow money or take over, it is impossible for Xu Teng to agree.

He is willing to meet the other party, just to give the leaders of Jiangnan Province a feeling, according to his actual ideas, it is better to go bankrupt and auction directly, the technology is not good, the equipment and dock are also useless, and it can be sold as much as it can be sold.

Especially in the current environment, whether it can be sold or not is a question.

In order to prevent embarrassment, Xu Teng deliberately asked Xia Li to take a few children to Emerald Lake Manor 127# today, and go to Mr. Xu's mother for lunch.

Therefore, Xu Teng was home alone at noon, and Jin Xiaotao must have followed the children, only Hua Lingling took a few waitresses to arrange a banquet.

At the dinner, Xu Teng talked with Jiang Leader and Zhang Yurong while eating.

On the topic of Rongsheng Heavy Industry, whether it was borrowing money or taking over, he directly refused, and took the initiative to transfer the topic to the semiconductor and electrical equipment industry in Jiangnan Province, and by the way, he also analyzed the economic situation at home and abroad with Jiang Leader.

chatted back and forth, and finally returned to the topic of Rongsheng Heavy Industry.

Xu Teng has a very high status in the domestic economic and business circles, in addition to his leadership of the Huayin Consortium and the wealth of the world, the other most important reason is that he put forward the idea of the Yangtze River Economic Belt, which was actually realized by him.

He is really the grandfather of this theoretical concept, back then, he was a sophomore at Yangtze University, and he made a mistake and said nonsense, purely for the leadership of Mongolian Province to continue to provide financing guarantees for Jiangtai Group.

Alas.

People, when you are lucky, you can pull out gold from the last thatched house.

Xu Teng is really too stubborn now, against the sky, the national teacher, of course, he does have something outstanding, many ideas and views are generally not understood by the general people who eat melons, for example, he was forced by all walks of life in Hong Kong to demonstrate the matter of the Shenzhong Bridge, and directly put forward a very powerful point of view - the economy of Hong Kong, Macao and Taiwan is a little worse, which is beneficial to the stability of the national economy, because the system is superior or not, there is harm only when there is comparison, Hong Kong and Taiwan are poor, Japan and South Korea are poor, in order to more directly prove that our system is the best.

Only he dared to say this, and no one dared to spread it so far, but like this Jiang leader in Jiangnan Province, it was still very clear.

Let's put it this way, Leader Jiang's admiration for Xu Shen now is basically the rolling Yangtze River passing away, out of control.

It's true.

Although Leader Jiang moved the topic back to Rongsheng Heavy Industry, he didn't dare to say, come, Xiao Xu, help us save a plate, the province will not treat you badly...... Dizzy, if you give the leading comrades two more guts, he can't say that.

Leader Jiang is very sincere, he just wants to ask Xu Teng to prescribe a prescription, after all, the shipbuilding industry in Jiangnan Province is small and fragmented, and the only thing that can be done is Rongsheng Heavy Industry, from the province to the city, it has been a strong support over the years.

As a result, it was supported like this, and it was quite embarrassing to say it.

In fact, as early as 2010, Jiang Leader, who is mainly focused on industry, went to Jiangzhou to negotiate with Xu Teng for the loan and investment of Rongsheng Heavy Industry, Xu Teng not only did not invest at that time, did not provide financing services, but also persuaded Jiang Leader, hoping that Jiangnan Province would not tilt resources to the shipbuilding industry and steel industry, and continue to focus on electrical, instrumental, mechanical, electronic and chemical materials.

If you don't listen, you're dumbfounded now!

After talking about it, I have to say a few words about this matter again, and Xu Teng doesn't know where to start.

"Actually, Lao Jiang, Mr. Zhang, let me tell you the truth, there is nothing in various domestic industries that I can't figure out. Since 2011, Rongsheng Heavy Industry has placed all orders by your own subsidiaries registered overseas, and the so-called private shipbuilding group with the most domestic orders is not golden, right? Finally, all of your domestic crane equipment of one or two tonnage are assembled by small factories, none of which are produced by our Huateng Heavy Industry, nor Zhenhua and Zoomlion, let alone imported equipment. Xu Teng had to say two words, and as soon as he opened his mouth, it was even more embarrassing.

The situation at that time was that Jiangnan Province found the Huayin Consortium, the Huayin Consortium found the China Shipbuilding Group, and finally the China Shipbuilding Group organized a team to go on a field trip, and then was scared away.

In the words of Mr. Dong, these people are not professional shipbuilders, but professional listed fools.

Xu Teng later had no choice but to send someone to re-investigate, and the results were even more exaggerated than the estimates of people in the industry of China Shipbuilding Group, and it turned out that even all orders were placed by overseas subsidiaries.

Where did the capital of these orders come from, all of them were Zhang Yurong mortgaged the shares of Rongsheng Heavy Industry, and the funds borrowed by banks and private equity funds, and used this means to support the stock price first, trying to survive the winter of the shipbuilding industry, but I didn't expect this winter to be far away.

Jiangnan Province now knows all these things, and this time I came to Xu Teng in the hope that through the customer relationship of the Huayin Consortium, these ships will be sold and some of the funds will be returned.

Dizzy, who are you selling it to?

Sold to Hanjin Group?

"I'll tell you the truth, I really don't have a good way. Xu Teng was helpless, there were indeed things in this world that he couldn't do, picked up this cup of Margaux Manor, took a sip to moisten his throat, and shook it in his hand, still thinking of a way.

I really can't think of a way.

He could only complain to Leader Jiang, "Two years ago, I told you that the province should not take care of the shipbuilding industry, and it is impossible to come up with a clue." I'm trying to find a way to reduce the losses in the province now, but I can't find it. COSCO, Zhongyun, China Merchants, I have inquired about you, even Evergreen and Han Jin, I also asked people yesterday, there is no possibility at all. ”

"Chairman, in fact, the price of transferring Rongsheng now is really low, you can take over without spending a penny, as long as you keep 30% of the shares to me, the debts are borne by me. Zhang Yurong was anxious, opened the lowest offer, and only asked the Huayin consortium to take over, "You have to think that 30% of the shares are too much, 20% is fine, my only hope now is to continue to build this factory and not let the workers lose their jobs." ”

"Yes, Xiao Xu, his factory is still good, if you are willing to take over, find a way to hold on for a few years, and then sell it after the financial crisis is over, you will definitely make a lot of money." "Leader Jiang actually doesn't even want to leave 20% of the shares to Zhang Yurong, what is the debt, he will bear it, bastard things, all loans are given by the province.

Now think about it, Jiang Leader is really distressed, if he had known that private enterprises would not be good, it would have been better to directly support the development of state-owned enterprises in this province, at least solid development, not like today, even the dock, crane and other basic equipment are shoddy goods.

"My way of doing business, in China, as long as it is an industry that state-owned enterprises and central enterprises can do well, I will resolutely not engage in it. The main business of Huayin Consortium is financial services, and the two major central enterprises in the shipbuilding industry in China, including COSCO and China Shipping, are our big customers, so it is absolutely impossible for me to get involved in the shipbuilding industry. ”

Xu Teng directly explained the bottom line clearly, "This is not a question of making money or not, there are trade-offs in doing business, we invest in electricity, never directly lead a power plant project, all are financial investment, therefore, the five major domestic power generation groups are our big customers." If CSSC decides to acquire Rongsheng Heavy Industries, and needs me to provide financing services or financial investment, I have no problem. I run a bank, which means I can't offend a big customer for a business. Because I invested in the shipbuilding industry today and offended CSSC, will I break the agreement tomorrow and invest in gas stations across the country and offend all three barrels of oil, will I break more agreements and offend the five major power generation groups and four telecom operators?"

"Of the 106 central enterprises in China, 87 are major customers of the Huayin Consortium, just because I have always followed a basic principle, I only provide services for the business they can do well, and I will never personally intervene. ”

Xu Teng was forced to be helpless, so he could only make the truth clear, not to give Jiangnan Province and Rongsheng Heavy Industry any space for reverie, but also to let the province understand that it was not that he did not help the province solve the problem, but that it would really violate his basic principles, "I will say another simple problem, China Shipbuilding and China Shipbuilding Heavy Industry, including COSCO Shipbuilding, China Merchants Shipbuilding Industry, their electrical and electronic supporting systems, our Huayin Consortium's Central Control, Huateng Electronics, Sino Soar is the largest supporting supplier, these three group companies, the industrial base is basically in Jiangnan Province. CSIC is now going to be on the luxury cruise project, they are responsible for shipbuilding, and we are also responsible for electrical and electronic systems, and we are also responsible for helping them with financing and M&A services, and acquiring cruise design companies in Italy to support them. At least 40% of the output value of the last cruise ship was built in Jiangnan Province. Therefore, the province can understand my distress after a little weighing. ”

"Xiao Xu, if you want to talk about running a business, you are our No. 1 expert in China, since you said so, the province must not say anything else. "Leader Jiang can only say this, because Xu Teng's meaning is very clear, he has never treated Jiangnan Province badly, and he must be content.

He wants to be content, the province must also be content, the loss of a shipbuilding industry is not a problem, and the contradiction with central enterprises such as China Shipbuilding and China Shipbuilding Industry is not a good thing for anyone in the end.

"Today, I will call Zhang Yurong over to meet you, in fact, there is really no other meaning, you give the best strategy now, try to help the province reduce losses. "Leader Jiang has nothing else to ask for, the ship doesn't have to be sold, and the factory doesn't need Xu Teng to rescue, now there is only one thing left, find a way to get back the loans he approved.

"Auction, all demolished and sold, all those lands turned into commercial land, we must hurry up and sell the land. Now the supply of commercial housing in second- and third-tier cities has been excessive, and it is not obvious this year, and it will be completely embarrassing next year, and it will not even be easy to sell land at that time. Xu Teng made a move, a ruthless move, and immediately went bankrupt and sold the land, and he couldn't even sell the land for half a year later.

Xu Teng directly pointed at Zhang Yurong and ordered, "We don't care how much money you owe now, you re-register a company yourself, transfer the money to the account, buy all the equipment and equipment, if there are one or two docks that still meet the national standard, then directly to the bank, and then we will find a way to let the shipbuilding receive some of the assets that are passable." Everything must be done quickly, and the land will be converted into commercial land and sold within three months, after all, it is a riverside area close to the city, and it can still be sold at a good price. ”

"Let's do it. "Leader Jiang originally wanted Xu Teng to save Zhang Yurong, but now he can only follow Xu Teng to make a decision, not to protect the factory, but to protect the bank...... As for Zhang Yurong, he will repay the loan first, and then he will repay as much money as he has in his hand.

Zhang Yurong now has a knife in his hand, and he can immediately get up and kill all the Quartet, killing Xu Teng, Jiang Leader, and all these beautiful waitresses in Xu Teng's family.

Xu Teng's move, this is really poisonous, in order to save the leader's reputation and reputation, he directly let Zhang Yurong die.

Xu Teng actually didn't say a word, but Jiang Leader knew better than Xu Teng in his heart that since it was a direct auction of all the assets of the entire Rongsheng Heavy Industry, it was to admit that this matter was completely wrong, and then he had to pull out a few other city leaders to be at the bottom.

For Leader Jiang, he admitted that he was so happy, he didn't listen to Xu Teng's advice at the beginning, and as a result, he made such a big debt hole, but he has always been behind the scenes, and the faster he makes a stop loss, the better it is for him.

Send the Buddha to the West.

Xu Teng asked Hua Lingling to bring his business card holder, took out a gilt silver business card from it, and pushed it to Zhang Yurong on the table, "You contact Mr. Shen of Fuxin International Group, and he will help you handle everything clearly." I will arrange another company to buy the dozen or so container ships in your hands, and you don't expect to sell for much money, so you will have a chance to make a comeback. Doing business is like this, since you choose to gamble, you have to bear the consequences, losing is not a problem, you have to lose beautifully, don't even have a chance to make a comeback. ”

What else can Zhang Yurong say?

In this country, Xu Teng asked him to bear all the consequences and roll by himself, so he could only bear all the consequences and roll by himself.

Xu Teng has other things to discuss with Leader Jiang, and he said that he was halfway back to Rongsheng Heavy Industry, at this time, he doesn't have to say anything, just let Hua Lingling order someone to clean up the table for six people.

Zhang Yurong was very painful in his heart, and vowed to make a comeback in the future, so that Xu Teng and Jiang leaders could see clearly how wrong it was to treat him like this back then, but at this moment, he could only swallow his anger and leave.

Xu Teng couldn't get up to send him off, nodded without any expression, and signaled that the other party could leave.

"This person won't cause anything, right?" When Zhang Yurong left, Leader Jiang felt that something was a little inappropriate, and the matter was not handled beautifully.

"I can't guarantee that the leaders will have to figure it out on their own. Xu Teng cooperated with the province, not with Leader Jiang, he asked Zhang Yurong to immediately admit defeat and stop loss, and the goal was only to help those banks in the province stop loss.

The loan of more than 20 billion yuan is not a small amount, half of which was funded by the Jiangnan Bank and the Ningzhou Commercial Bank, and the Provincial Industrial and Commercial Bank and the Provincial Agricultural Bank also provided a lot of loan support.

Although there is nothing Xu Teng does, if he really wants to make trouble, the province still has to find a way to solve these bad debt problems with the Huayin Consortium, especially the Jiangnan Bank and Ningzhou Commercial Bank in the province, which have a weak foundation.

"There's always a way. "Leader Jiang originally wanted Xu Teng to send the Buddha to the west and help him watch Zhang Yurong, since Xu Teng had no intention of getting involved in this kind of trouble, he didn't dare to force it.

To tell the truth, Xu Teng's ability to help him to this point has exceeded Leader Jiang's expectations, after all, with Xu Teng's status, these things have nothing to do with him at all.

"Let's not talk about it. Xu Teng decisively ended this topic, because there are so many problems in it, he has been doing business in China for ten years, how many things he doesn't understand, how did so many loans get approved, do you still need to ask?

The water is deep.

If it is as strong as Xu Teng, it is necessary to stay away.

"The negotiations between TSMC and the province should be delayed as much as possible, don't be afraid of them talking to other provinces, I have made this matter clear to the above. "Why did Xu Teng want to help Leader Jiang, because this matter was the negotiation that Leader Jiang was responsible for, and Jiangnan Province introduced it as one of the three key projects and attached great importance to it.

That's why every province is so greedy and insufficient.

The Huayin consortium has placed the Zhongtong Semiconductor Chip Company with AMD in Ningzhou, and the 8.5 generation panel and flash memory factory of Huateng Electronics Group are also in Ningzhou.

Jiangnan Province is not satisfied.

With the rapid rise of the semiconductor industry in the mainland, especially with the rapid breakthrough of the 28nmHKMG technical standard of Huateng Electronics Group, and after the mass production was achieved in 2012, the three giants of chip foundry led by Intel, TSMC and Samsung were finally anxious.

China and foreign affairs, every time is like this, always wait until the development of China's technology is only one step away from breaking through the world-class level, foreign giants have rushed to invest in China, and the provinces also warmly welcome, tax exemption and land price, welcome international giants to squeeze out the local industries of other provinces.

If Samsung and Intel invest in 14nm technology in China, Xu Teng is welcome, because these two parties and Huateng Electronics Group are not only the same technical specifications, the turnover rate between customers is very high, who comes first and who comes later, and the customers of the three parties are also completely different.

Samsung Electronics' auxiliary design ability to assist small and medium-sized customers is far less than that of Huateng Electronics, mainly large customers such as IBM, Apple, and Qualcomm, with very low gross profit margins, and is not in direct competition with Huateng Electronics.

In addition to the business needs of its own PC chips, Intel mainly serves small and medium-sized semiconductor design and supporting electronic application device companies in the United States, and Huateng Electronics is not a direct competition.

TSMC is different.

TSMC's strength lies in the fact that it is a competitor with Intel, Samsung, and Huateng Electronics, and it is also the only pure chip foundry among the four, and its ability to assist customers in auxiliary design is second only to Intel, and Huateng Electronics Group is in the middle of the competition.

In recent years, in order to compete for the market of mainland chip design and application device manufacturers, TSMC and Huateng Electronics Group have made a big fight, TSMC's 20nm technology is improved on 28nmHKMG technology, using double exposure, FEOL front-end and 28nmHKMG technology layout is basically the same, so the improvement in core area and power consumption is limited, and the gap is only about 10-15%.

This means that TSMC has not completely surpassed Huateng Electronics in the existing technology, in fact, it is still using production capacity and price advantages to snatch Huateng Electronics' customers, and it will not hesitate to delay Qualcomm's orders, but also take the lead in helping Huawei HiSilicon, the largest competitor of Huateng Electronics in China, match the 20nm process technology and hit Huateng Electronics' Huarui series of high-end ARM-based mobile phone chips.

However, TSMC's 16nm technology will also achieve mass production in the second half of 2013, which is at least two years ahead of the 14nm technology of Huateng Electronics.

TSMC is actually a repeat of the old trick, 16nm/14nm although it belongs to the same generation, the specification gap is very large, once the mainstream customers in the mainland take the lead in using the 16nm process design chip, Huateng Electronics wants to turn around, almost impossible, can only reduce the price and Samsung's 14nm technology competition, compete for Samsung's big customers.

Samsung Electronics' customers, whether it is Qualcomm or IBM, basically do not have much profit at all, and Huateng Electronics has to reduce prices on this basis to compete, isn't this just to make money at a loss?

What's even more terrifying is that TSMC went to the mainland to build a factory ahead of schedule, and it took out 20nm/16nm technology and Huateng Electronics to fight at close range, which is very damaging to Huateng Electronics Group.

There is a more complex reason for this, Huateng Electronics itself is also TSMC's third largest customer, its high-end Sinovel series of ARM architecture chips, has been manufactured by TSMC, the Sinovel 6 launched in March 2012 is based on TSMC's 28nmHP technology, and the Sinovel 7 to be launched in 2013 is also based on TSMC's 20nm technology, which has been delayed by TSMC behind the orders of Huawei HiSilicon and Qualcomm, and it is estimated that it will be shipped out half a year later than its opponents.

Therefore, TSMC is actually a three-step strategy, one is to build a factory in the mainland and use its technological advantages to snatch Huateng Electronics' customers; the second is to use the technology generation gap to force Huateng Electronics and Samsung Electronics to compete with each other; and the third is to take the lead in providing 16nm process technology for Qualcomm, Huawei HiSilicon, and MediaTek to squeeze the chip business of Huateng Electronics Group.

All of these are a goal.

TSMC wants Huateng Electronics Group to give up the chip foundry business, focus on design and supporting application devices, and maintain the industrial division of labor with it, at least to maintain a technology gap of more than one and a half generations, as long as Huateng Electronics tries to narrow the gap in chip process technology, TSMC will start a full-scale war, support Huateng Electronics' opponents to squeeze Huateng, and resolutely not let Huateng Electronics cross that line.

All this seems to be normal business competition.

Xu Teng has only one question, how does TSMC plan to introduce the double exposure production line of 16nm technology to the mainland?

Huateng Electronics and Samsung Electronics have no way to introduce the 14nm technical standard lithography production line into the mainland, and Intel can't do it, the three 12-inch wafer factories in the mainland are all 28nm technology, but Samsung 28nmLP, Intel 28nmHKMG+HP, Huateng 28nmHKMG+HPM three differences.

When TSMC went to the mainland at the end of last year to negotiate the construction of a factory, it initially proposed a 20nm technology line, which has not yet attracted Xu Teng's attention, and in February this year, it suddenly proposed to introduce two generations of 20\16nm technology lines at the same time, all of which were put into production in 2014, which really surprised Xu Teng.

Xu Teng did not rush to reflect the problems and worries, but investigated behind the scenes for a while, and now it is almost certain that he has the acquiescence and support of the old witch of the US State Department, just like him.

The strange thing is that Intel and Samsung still don't seem to be able to do it, and only TSMC has been amnestied.

Why?

Xu Teng hasn't figured out the reason yet, but he realizes that there is a problem here, and he must ask Jiangnan Province to cooperate with him to delay for half a year.