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

Chapter 550, Chapter 405-406: The wave of localization! (4000 words)
After Hillhouse Capital committed suicide, the market was actually filled with a sense of restlessness.

China's technology industry is very weak, China's manufacturing industry is very dependent on foreign trade for support, and China's industry is still at a relatively low level.

These three consensuses are actually deeply embedded in the minds of many Chinese people.

In fact, in the eyes of many people, this is not just a consensus, but also a deep-rooted truth!

Although Gao Huaijun has said on many occasions that Hillhouse can hold on, even if the central bank personally stepped in and made a statement on the "News Broadcast", it still could not dispel people's concerns.

There was no way. The enemy was too powerful, so powerful that many nephews, when they heard its name, felt like they saw the old days in the Cthulhu myth, and they could only kneel down and beg for mercy.

However, after Hillhouse Group released its record high sales of 8208 billion yuan.

Everyone was stunned with shock. Even the nephews who were least optimistic about Hillhouse's future development could not help but shut their mouths.

no way.

Too bad!
This sales performance is really amazing!

The moment it was released, it can be said that all doubts were basically eliminated!

It was said that Hillhouse Capital would collapse.

It was said that customers would stop buying their products after Hillhouse Capital laid off itself.

It was said that Hillhouse’s capital chain was so tight that it had already started laying off employees.

No!

None of these things exist!
Even the most rational people know that with a turnover of 8208 billion, it ranks 2017th in the 39 Fortune Global , ahead of China Ping An Insurance.

The official ranking for 2018, although the list will not appear until mid-2019, the actual gap will not be too big.

This strength is really amazing.

It can be ranked alongside China Ping An Insurance, and it is also a private technology company.

This can be said to be a blast.

Who could have imagined that there was such a company that could withstand the pressure of Xida’s self-destruction and its sales volume could rise against the tide to reach a height of over 8000 billion?

Soon, this news spread like wildfire, causing heated discussions among many people.

[This result is really too strong, far beyond expectations. ]

【Looking at the surface figures, many people may not have an idea of ​​Hillhouse's full-scale explosion in 2018. This is a company with a market value of more than 6000 billion yuan. For such a company, even a one-point performance growth will result in a sales growth of nearly 100 billion yuan. A sales volume of 100 billion yuan is definitely a mid-level technology company in China. Now it can still dance like an elephant and achieve a performance of more than 2000 billion yuan, and this is under the premise of Xida's self-destruction. This has to make people re-examine the strength and potential of Hillhouse. Is it moving towards the direction of becoming the world's largest technology company? 】

【The world has never seen a thousand years of great changes! The domestic chip industry chain has never seen such a large-scale positive cycle before. This is another return of the world's economic center after the westward shift of the world's economic center since 1840. Now after Hillhouse's self-dismissal, the entire semiconductor industry chain has been driven, and domestic talents have also been cultivated. In the past, XX Institutes and XX Institutes always said how difficult it was to find a job, and only Hillhouse Chip had a little bit of a climate. Now, more than half a year has passed, and it is really much better. A chip talent who has worked for two or three years and is a little more reliable can start with an annual salary of 20 yuan. In the past, it was unthinkable. I can give you a salary of yuan, which is really thankful. 】

[We need to give a big medal to the president of Xi'an University. Thanks to the self-destruction of Hillhouse, all the materials masters in our laboratory who had terrible first education all went to work in semiconductor manufacturing, and none of them earns less than 20 yuan a year.]

[The Suzhou area is almost becoming the most concentrated area of ​​semiconductors in China. It has only been a short time, but a large number of new companies are established every day. These startups are really powerful.]

Hillhouse will surely rise. There is nothing much to say. I am an RD of an IC factory in Daiwan. The IC design industry in Daiwan has begun to feel the pressure. Many old IC design companies have suddenly found that several mainland companies have suddenly emerged in their fields. The pressure has come up. It is funny to see a lot of people in the above, especially the various laymen who are boasting. The IC design industry is not mysterious. As long as there are four things, talent, money, time, and market, there are a large number of highly educated talents, and a few geniuses lead them. Give them time and give them a good income, and IC will be born. Then there are customers who use it, and RD will iterate the version according to customer needs, fix bugs, and IC will mature. All the INTEL, AMD, and NVIDIA you see have grown up in this way. They do not need to be imprisoned by the Zhengzhi system of Western developed countries, do not need sweet air, and do not need the saliva of attacking capital. Give money, hire RD, tape out, debug, tape out again, customer test, RD stays up late, tape out again, test again, just like that, there is no reason. Now the big group of people at Hillhouse Chip have been paid more than those at TSMC, and some of the leaders are big names in the industry. To be honest, even TSMC is shaking in the current situation, fearing that Hillhouse's chip localization will come too soon. 】

[Those who think that Hillhouse cannot develop chips after its self-dismissal are outsiders. Insiders know that at least there will be progress, but whether it can lead is another matter.]

【As long as there are customers and continuous capital flow, there will be continuous iterations. In fact, the most feared thing is that the product comes out but there is no market, and the market is occupied by those who are ahead. This is the root cause of the inability to develop. Now, from Hillhouse’s financial report, we can see that this China’s top 1 mobile phone sales volume is the largest customer. It feeds itself and it is too easy to grow big.】

[The correct approach of Xida is to directly raise the price, earn more money from China, and allow China to buy it. It is cheaper than developing it independently, and the performance is stable. It can be used directly without facing the risk of R&D failure. How great. However, Xida directly banned it, leaving technology companies led by Hillhouse with no choice but to develop independently. This is really a divine assist. ]

[I don’t know whether Hillhouse should thank Xi’an University or hate Xi’an University this time. If Hillhouse can survive this wave, it will probably be a super giant that combines TSMC, INTEL, NVIDIA, Pingguo, and Fengtian. Not to mention being ranked 3th in the Fortune , I would not be surprised even if it is one of the top .]

【TOP3? Brother, do you know what you are talking about? Walmart ranks first in sales among the Fortune 485 companies, with sales of 873 billion US dollars, equivalent to 340 trillion Chinese yuan. After all, they run supermarkets, and they run supermarkets all over the United States.】

【Industry insiders, to be honest, self-dismissal is a terrible move. On the day Hillhouse was sanctioned, our mentor almost jumped into the laboratory door and shouted to us that good days were coming. Before the self-dismissal, the general salary expectation in our industry was 8k in first-tier cities. To be honest, with such an income, this industry will die sooner or later. After the self-dismissal, the next day, some seniors received salary increases, and it was a collective salary increase within their company. It can be seen that they were preparing to be poached and took a defensive action. As a result, one-third of the people have been poached one after another in the past six months. The chip industry has now directly formed a positive cycle. Design companies have money to iterate products, have sales channels, and recruit people at high prices. Even some of my seniors who took the civil service exam have resigned to do chip design. This situation is directly alive. 】

[In short, thanks to the United States, it saved China's chips. ]

[I am a member of Party A. Our company uses a custom chip, which has many problems. In the past, this would be a major accident and we would have to replace it immediately. Now, the chip manufacturer has money to compensate and the customer is willing to cooperate, so we will definitely continue to optimize and use it! In the electronics-related industry, the hottest thing now is localization. ]

[There are many of us, and in order to make a living, we have to take a bite of any industry. ]

【This is the truth. For other developed small and medium-sized countries in the global village, as long as they have two or three single champion industries, they can live happily; for my country, we must have all the single champion industries in the world to live a moderately developed life, because the population of each province is larger than that of other small and medium-sized countries.】

[Industry related, when I go home for the New Year, my aunts and uncles always ask how much I earn. Before I committed suicide, it was OK, I could get by, and I could make a living. (bitter smile) After I committed suicide, it was OK, I could get by, and I could make a living. (smile)]

[Our company is engaged in industrial control. In the past, all the chips used in circuit design had to be imported, even capacitors and resistors had to be imported. Are there any domestic devices with the same functions? Yes, and they are very cheap. So why not use them? It’s because we don’t have confidence in domestic products and think they are unreliable. So we have to use imported ones even if they are expensive. But now, in order to prevent a sudden supply interruption of imported chips, the price that can be bought now has increased several times. So the company has to make adjustments and replace them with domestic products. Now there are results one after another.] Originally, this discussion was still talking about Hillhouse’s achievements.

As we were talking, we ended up going off topic!

Speaking of the localization of chips!
Of course not. China couldn't stand it when this topic was brought up, and immediately brought this topic to the top headlines of major apps such as Zhihu, Weibo, and Xiaoling.

Before Hillhouse achieved its sales performance in 2018, everyone was actually very pessimistic about China's chip localization.

But now, many people have become optimistic!
In particular, many industry insiders spoke optimistically about the positive developments happening in their industry and the feasibility of localizing chips in the forum.

A few years ago, foreign chips were a wall, and China's chip industry couldn't even cross this wall and see the world in the distance!
But in just half a year, China's chip industry practitioners saw hope.

Salaries have generally increased, orders that were previously hard to find are now pouring in, the government has also begun to provide strong support, and investor enthusiasm has also taken a 180-degree turn.

Almost everyone, even the most optimistic people about China's chip industry, did not expect that the current chip industry would have such a terrifying positive feedback transformation.

At Hillhouse Group’s monthly meeting.

"Does our Hillhouse chip have any external orders now?" Gao Huaijun asked Li Zongli, apparently having seen some external information about the localization of chips.

Now Hillhouse is about to face a severe blow from the chip shortage, so Hillhouse Chip cannot be a purely internal third-party service company, but needs to actively look for meat outside the market.

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The more than 8000 billion yuan is for the outside world to see, and naturally all the coldness must be released internally.

Hillhouse Chip naturally needs to find more orders from outside.

"Yes, it was quite difficult in the beginning, with only scattered orders from small companies. Now..." Li Zongli talked about the recent situation with a smile.

Now this beautiful country is committing suicide, which is opening Pandora's box.

China's central enterprises are now putting localization first.

Now Hillhouse Chip is involved in a project of a giant state-owned enterprise.

The content of the project is to completely redesign the equipment of an electric power integrated control unit.

Under the premise of ensuring the functions and performance remain unchanged, all materials in the equipment can be 100% domestically produced.

This is a big order worth hundreds of millions.

In the past, Hillhouse Chip looked down upon such external projects, but now it has to step out and do them.

After Hillhouse Chip and some other partner companies won this project, they are now executing the plan in the direction of full localization.

"According to the people there, localization is now a Zheng Zhi task in all large state-owned enterprises. You are not allowed to mention difficulties, just what you lack and what needs to be coordinated. If you can't do it, just replace someone else to do it."

Li Zongli was a little moved.

Is this still the SOE boss he has in mind?

In the past, this group of people only used the best-performing chip products.

I don't care about the price, I just want the most stable performance and the least trouble for myself.

But now, Hillhouse Chip is taking the lead and must develop such a project, which makes people feel emotional.

Sure enough, times have changed!
Gao Huaijun nodded with satisfaction. "Keep following up. Now many state-owned enterprises have corresponding chip update plans. If our company can get a piece of the pie, we should follow up well. You know our current progress in localizing chips. We must be prepared for the delay in mass production of products."

When he spoke to the end, Gao Huaijun's expression became a little solemn.

Localizing chips is a long-term project.

A project like this is not something that can be accomplished by simply investing a little money from Hillhouse Capital and adding a few more people.

The key is for the whole society to devote all its efforts to it.

The current incident of suicide is naturally the most critical node.

Because only when the state takes the lead and then social capital flocks in, will hundreds of billions of hot money flow into the wave of localization.

The golden finger plays the role of igniting the market in the stock market.

When doing anything, you must take advantage of the general trend!

(End of this chapter)