I asked you to save a bankrupt factory and you became the richest man in the world.

Chapter 312 Chapter 182-183: The final plan of two paranoid people! (Two chapters in total)

In Hua Tianyi's eyes, Gao Huaijun came up with such an extremely risky plan, but if it succeeds, the rewards will be extremely generous.

This plan is so paranoid and radical.

To him, this was just like Gao Huaijun's character, without any sense of incompatibility.

From electric fans to MP3 players, then to mobile phones, to cars, and now to chip manufacturing.

Hillhouse Group has simply taken risks and been radical all the way, and then it has developed to its current level.

But think about it!

If a company does not dare to take risks when it is weak and is unwilling to risk losses to do high-risk, high-reward things, then it is basically difficult to achieve high-return and high-yield things.

However, if this kind of enterprise makes a mistake, the consequences will be staggering!

For example, Qinchi Liquor Industry and Shunchi Real Estate, which are very famous in this era, if they lose the game, they will be completely defeated. There is really no way out, even other investors have given away their money. We also lost money together.

"This is very important for this project to proceed."

Gao Huaijun saw that Hua Tianyi was finishing his cigars, so he lit another one for him.

Moreover, this interest must be very low!
Ultra-low loan interest rates as low as less than 3%.

One can imagine how much effort he put into this.

Hua Tianyi and Vice President Zhang were stunned for a moment.

"If you want to build a manufacturing plant, you need to allocate land, and you also need to purchase a batch of ASML lithography machines for pre-construction. This is not a small amount of money, and it cannot be fully raised by Huajian Investment."

However, he saw the radicalism and paranoia in Gao Huaijun, but in normal times, he seemed to have forgotten that the blood of paranoia also flowed in his bones.

Gao Huaijun smiled and nodded, "Mr. Hua, since I have found you, I will believe in the strength of Hua Jiantou. Now, Mr. Hua, please tell me the conditions! I believe you should have taken a fancy to Hillhouse's potential. ”

Suddenly, he seemed to have made up his mind!
Have fun!
Anyway, every investment bank has error indicators.

"I had a preliminary communication with the leader of the Demon City about this matter!"

But now, he suddenly discovered that he and Gao Huaijun were actually the same kind of people!

As he spoke, he took a puff of the cigar and spit it out leisurely.

So, he took a breath, tried to make his tone calmer, and then said, "Although you and I have different views on the prospects of chip manufacturing, I think that although the ceiling of this industry is very high, the entry threshold is. Also very high.”

For investment projects, investors come first, and then the investment project.

"Mr. Gao, how much do you estimate it will cost to invest in such a large project? What is the preliminary plan and what product is it for?" Hua Tianyi asked.

Three are the most critical points. For this project to run well, it requires a high degree of intervention and cooperation from Huajian Investment or other capital above. This point is equivalent to a pair of Chinese medicine guides.

Hua Tianyi was a little uncomfortable with Gao Huaijun's directness.

He sorted through the information that he had reviewed over and over again in his mind.

He originally just thought that this young man finally looked like an ordinary anti-human being, because mortals also make mistakes.

As the boss of Huajian Investment, he naturally knows the status of the leaders of the Magic City in China's ecology.

His number one target is actually himself!

And this drug introduction is equivalent to the famous integrated circuit fund in later generations!
This is probably why, even though Modu offered so much help, Gao Huaijun still needs to solve it himself!
In other words, Gao Huaijun has been hesitating about the capital of Gao Sheng and Huifeng, whether they should intervene.

Then it took more than ten years to study for a Ph.D.!
You know, in this era, master's degrees are a rare species, let alone PhDs.

"I think Mr. Gao should have a preliminary idea about this!"

Then I felt horrified!
Unexpectedly, Gao Huaijun's idea was not just an idea, but had already been communicated with the leaders of the city!
It has become a pending case.

As for Hillhouse Technology, even if it fails, he feels that it should not be the type that loses all its money.

The second is that the leaders of Magic City not only support it, but also provide support in the form of a combination of banks and construction companies. This means that Magic City will come forward to provide guarantees, and such a loan must be able to contact the China Development Bank in Magic City. branches in all cities intervened.

This had always been part of Gao Huaijun's conversational rhythm, which made him feel a little strange.

"Currently, Hillhouse Group does not have any experience in chip manufacturing of its own, but it does have some experience in chip design and R&D."

If you have the right people, the project may seem too outrageous, but there is still a chance of getting financing.

"They can cooperate with us to carry out relevant actions. The land will be given to us at a low price through Hillhouse Group's tax exemption, and the equipment and construction funds, in the form of a combination of bank and construction, will be a good guarantee."

The whole table first bought four bottles of red wine, and then several bottles of rice wine, but he, who had been tested by alcohol for a long time, was absolutely clear-headed.

You know, in the past, it was Huajiantou's job to examine others, but no one else accepted it according to their own share!
Hua Tianyi drank a lot today.

"The most important point now is the combination of banks and construction companies, which requires higher-level support, such as direct investment from Huajian Investment!"

One is that the chip manufacturing plant has received support from the leaders of Shanghai City!

"Although I am worried about the strength of Hillhouse Technology's investment, since we are sitting here, the focus of our investment should be you, Mr. Gao!"

In fact, Hua Tianyi himself doesn't know that he is actually a potential paranoid and radical opportunist!
If he had not been radical, how could he have gotten into Huaqing University as an undergraduate after knowing the truth and returning to the city?

Gao Huaijun smiled and nodded, "Mr. Hua really guessed a thing or two."

However, if the people are wrong, then no matter how good the project is, the chances of financing will still be difficult.

What does he mean by this sentence? It actually contains several layers of meaning.

In fact, his meaning is very common in the investment community.

"My current idea is to build a 90nm fab. Although the monthly production capacity of such a fab is not high, it still has a wafer production capacity of approximately wafers."

"The construction of such a crystal factory will require approximately 8 million U.S. dollars in construction funds!"

"As for this money, bank loans can provide 80%, but Huajian Investment needs to provide 10%, and our company will also provide 10%, that is, 0.8 million beautiful yuan, which is roughly equivalent to a price of 5 million Chinese yuan. , will become the ticket for Hillhouse Technology’s Series C round!”

At this time, all the wine tables had been removed, and they had entered a large club-style private room to drink tea.

Gao Huaijun said casually.

Vice President Zhang on the side couldn't help but narrow his eyes after hearing this.

What a good guy! The acquisition investment of 5 million yuan is just a ticket!

You know, most of the companies listed in China now are basically small and medium-sized enterprises, and their market value is basically less than 5 million.

Such a price sounds really scary!

"This matter..." Hua Tianyi hesitated for a moment, and then continued, "I think it's OK! 30,000 crystals per month, is it enough for you?"

"After our professional calculations, data shows that a 12-inch wafer can carve about 400 chips. In other words, we can produce almost 1200 million chips in a month!"

"Considering equipment maintenance, there have been some unexpected situations, and the ability to produce 1000 million chips a month is not a big problem!"

"Nowadays, our mobile phones contain not only a CPU chip, but many chips, including but not limited to: radio transceiver chips, power amplifier chips, storage chips, digital baseband processors, etc., which are required for each mobile phone. There are nearly 100 chips, and there are as many as 20 types of core chips! The number of core chips used in a year is several hundred million!"

"However, considering that the core production capacity is only a few hundred million, we will only place some major core chips such as CPUs and radio frequency chips in our chip manufacturing plants."

"In addition, a chip manufacturing factory is time-consuming and labor-intensive. In addition, the process of increasing production capacity can be considered fast in three years. Many companies do not have sufficient funds. Four or five years is not uncommon. You We have also seen the sales increase of our Hillhouse Technology. Maybe in a few years, this core chip manufacturing factory will not even be able to produce enough CPU chips. "

After Gao Huaijun finished speaking, he couldn't help but laugh!
The Huajiantou companions present at the scene couldn't help but laugh.

Gao Huaijun's pie was so funny.

A chip farm producing 30,000 chips per month would produce hundreds of millions of chips annually.

Although it does not seem to be much in general, as the largest chip manufacturer, the production cost of CPU is even higher than that of more than 100 other chips. If hundreds of millions of CPUs can be produced, it will definitely make a profit. .

However, Hillhouse's current high-end models have begun to use more than two generations of advanced chips, and in a few years, chip manufacturing will follow Moore's Law and achieve even greater leaps in production.

How could you use outdated facilities with hundreds of millions of chips to produce so many CPUs?

Gao Huaijun seemed to have heard their thoughts of chatting and smiled slightly, "Who said our chips can only be used on mobile phones?"

"In automobile manufacturing, smart cars do not use mechanical dashboards. The use of core chips will become larger and larger!"

"And our derivative products are now becoming more and more intelligent."

"Under this premise, what does 100 million chips count? In a few years, it may not be enough."

Gao Huaijun looked at the thoughtful Hua Tianyi with a smile.

When Hua Tianyi heard what he said, he couldn't help but finally nodded.

Needless to say, the strength of Hillhouse Technology, and now with the cooperation of a more powerful Hillhouse vehicle, maybe this chip manufacturing plant can really do everything it needs on its own!

Business business, as the name suggests, only has the meaning of business if it can survive and prosper.

Huajian Investment is worried about Hillhouse's chaotic investment. The most critical point is that their chip manufacturing plants cannot make profits!
That kind of slumping loss, just like the big A stock market, is really fatal!
On the contrary, if the manufacturing plant built by Hillhouse ultimately plays a role in increasing efficiency and reducing costs, then it goes without saying that Huajian Investment will definitely support it.

Investment banks are the natural vampires of hot money. Without exception, they are very risk-averse.

Hua Tianyi only judged based on experience at the beginning that Hillhouse's chip manufacturing plant was unreliable. However, after Gao Huaijun carefully reviewed it for him, he now at least felt that even if Hillhouse's chip manufacturing plant did not make money, at least it would not lose money. too much!

"After talking about the chip manufacturing plant, I agree that Huajian Investment can provide corporate credit guarantee with Hillhouse Chip Manufacturing Plant!"

"It's not enough. We didn't agree to this condition without reason."

“We need at least 20% of the equity transfer in Hillhouse Technology’s Series C round, as well as the right to pilot Hillhouse Technology’s listing!”

“And when piloting, we need to complete the relevant capital matrix.”

"Isn't this request too much?"

Hua Tianyi lay back casually and stated the conditions lightly as if.

Gao Huaijun couldn't help but feel refreshed after hearing what he said.

coming!

The most crucial meaty scene tonight is here.

"impossible!"

"This is absolutely impossible!"

"In 2012, Hillhouse Technology's annual sales were over RMB 300 billion, and the overall profit margin could reach 18%. Our profit of Hillhouse Technology in 2012 was an astonishing RMB 54 billion!"

"Huajian Investment's investment of several hundred million in the Hillhouse chip manufacturing plant is a lot?"

"Do you think it's possible to exchange these hundreds of millions of investments for 20% of the stock purchase rights?"

Gao Huaijun responded unceremoniously.

Although he likes the background of Huajian Investment, this does not mean that Hillhouse's equity will be sold at a low price!

Huajian Investment is currently the most enthusiastic and interested investment company.

There are still other investment banks on the waiting list.

It’s not necessary!
"For us, investing in a chip manufacturing plant and supporting it is a very difficult decision!" Hua Tianyi smiled bitterly.

This is not a simple decision.

After investing, CCB’s loans will keep up in the future!

Who knows how much it will cost to fill this hole?

Without CCB standing behind him, he would not have dared to agree to such a huge request.

"So, I am more relaxed. The 10% equity requirement, plus the pilot right for Hillhouse Technology to be listed in half a year, this is the bottom line of Huajian Investment!"

"You also know that CCB's subsequent services in major financial networks around the world, including the subsequent issuance of Hillhouse Technology financial bonds, will keep up."

"Don't worry about this!"

"For a company like Hillhouse Technology, coupled with a behemoth network service like China Construction Bank, it can definitely achieve the effect of one plus one being greater than two!"

After talking about it, Hua Tianyi couldn't help but feel a little proud.

Your boss, Gao, came to Hua Jiantou. Isn't the most important thing because he is interested in this resource?
(End of this chapter)