Reborn since 1993

Chapter 479 The bigger the storm, the more expensive the fish.
Like the rest of the world, China is still in the process of exploring the Internet. However, the telecommunications bill introduced a few years ago is affecting the entire domestic Internet industry.

However, Feiyan Technology, if it wants to be listed on NASDAQ, it must be listed as an Internet company. There is no other way because the Internet is the next hot spot, and even a pig can fly on it!
If you really think about it, the mini radio business's ability to make money is definitely stronger than that of Internet companies, but it is not as popular as the Internet. Not only mini radios, but also many other industries such as banking, insurance, automobiles, petroleum, chemicals, aviation, etc. are not popular.

At the height of the Internet, Microsoft's market value was more than twice that of ExxonMobil, an oil giant with a history of more than a hundred years. Even ExxonMobil was like this, not to mention the radio, which had long been considered a sunset industry. Although this thing still exists after decades of sunset...

Feiyan Technology faces a problem when it wants to go public as an Internet company: foreign investment in domestic Internet companies is not allowed in China, which puts it in a deadlock.

When Wu Yaoguo heard about the ins and outs of the Internet industry, he didn't expect that there were so many ways to go about it. Not only did he have to deal with problems in America, but he also had problems to deal with in China.

"So how is Feiyan Technology going to deal with this?" Wu Yaoguo glanced at Yao Zhengru who was sitting over there. Seeing that there was no anxious look on his face, he knew that Li Dongling and Yao Zhengru must have discussed some strategies.

“Feiyan Technology will definitely be listed as an Internet company. Feiyan’s Himalaya Internet Radio will be officially launched in China, Hong Kong, America and other places this month!

In addition, please ask a professional lawyer to design a shareholding structure to separate Himalaya Radio’s domestic shares from its shares in Hong Kong, China and America. If it is listed directly, Himalaya’s websites in Hong Kong, China and America will be the main ones to be listed!
In addition, Feiyan Technology has established another company in the Cayman Islands to control the Himalaya Radio in China!"

The gameplay that Li Dongling brought out is the Sina VIE model in the previous life. To put it bluntly, a domestic company owns an Internet license and then establishes a company overseas, which holds a domestic license. Silicon Valley venture capital invests in domestic Internet companies, but in fact, they are all investing in the overseas company.

In the past, there were about two to three hundred companies in China, including those in the Internet, media, medical, e-sports, etc., which used this disguise method to go public on NASDAQ and old Europe.

This model has both advantages and disadvantages. It is more like a "gentleman's agreement" where everyone follows the rules. Of course, when encountering a strong domestic company founder, some may overturn the table, ignore the overseas investment company, or even tear up the agreement.

The most typical example is Alibaba’s boss Jack Ma, who directly overturned the table in order to gain the controlling rights of Alipay, even though nearly 70% of Alibaba’s shares belonged to Softbank, Yahoo, Silicon Valley venture capital, Wall Street and other institutions.

Regardless of the attitudes of Yahoo and Softbank, Boss Ma directly split up Alipay and then compensated the two shareholders with a sum of money.

Of course, there was a price to pay. After that year, it became much more difficult for domestic Internet companies to find big overseas sponsors.

"However, whether this method can be implemented still needs to be approved by the Ministry of Information Industry of Yanjing. When I go to America this time, I have to find supporters of Feiyan Technology on Wall Street first!"

Li Dongling said to Yao Zhengru and Wu Yaoguo that the way this game is played is that officials will not investigate unless the people report it, and everyone is playing with tacit understanding, so it is impossible to say that there is no risk at all.

It is common for domestic Internet companies to be cheated by overseas investors, and for overseas investors to be cheated by domestic companies. No one knows when the knife will be stabbed out. It all depends on who has the better skills!
"Pingyang Municipal Government, Hanxi State Investment, and Hanxi Provincial Government will also do their best to help Feiyan Technology solve the problem!"

Wu Yaoguo said that this is not possible abroad, but in China, the Hanxi Provincial Government, Pingyang Municipal Government, etc. will definitely fully support Feiyan Technology.

Li Dongling heard Wu Yaoguo's hidden meaning and said with a smile, "If Feiyan Technology's listing application can be used in the Nasdaq Trading Committee, then when the listed stocks are issued, I hope that Hanxi Guotou can help Feiyan Technology subscribe for a part of it!"

Upon hearing this, Wu Yaoguo smiled. The reason why he rushed here before Li Dongling left Pingyang was because he wanted Hanxi Guotou to take advantage of Feiyan Technology's listing!

No one knows how Feiyan Technology will perform in America after its listing, but if the stock price can go up, Hanxi Guotou will probably make several times the return.

"This time I went to America, in addition to the Feiyan Technology issue, there are other things I also want to resolve."

Li Dongling looked at Wu Yaoguo. Li Dongling remembered that Wu Yaoguo had told Li Dongling that when there were new projects, don't forget Hanxi Guotou. No matter how big the project was, Hanxi Guotou was willing to invest!
Li Dongling dared not forget what Wu Yaoguo said, "Brother Wu, you should know that Dongling Hi-Tech has a company called Dongxin Semiconductor in the provincial capital!
We are currently focusing on the research and development of various chips. The most important project this year is computer chips. The reason I went to America this time was to ensure that Dongxin Semiconductor's computer chips could receive support from companies such as Microsoft.

If all goes well, then Dongxin Semiconductor's computer chips will have a chance to go into mass production, but currently domestic semiconductor foundry manufacturers have insufficient production capacity!"

Wu Yaoguo listened to these words, and a subtle emotion emerged in his heart, "So, what do you need Hanxi Guotou to do?" Li Dongling clapped his hands, "I remember Brother Wu said before that when there is a project, we must cooperate with Hanxi Guotou.

If Dongxin Semiconductor succeeds in developing computer chips, it plans to build a chip production company. I wonder what Brother Wu thinks?!"

Wu Yaoguo smiled bitterly. Although he did not ask the staff of Hanxi Guotou's investment department to specifically study the chip industry, when he heard Li Dongling wanting to pull him into the industry, Wu Yaoguo also understood that this industry might not be so easy to get into.

After thinking for a moment, Wu Yaoguo did not ask anything else, but asked directly, "What is the chance of success of investing in a semiconductor manufacturing company, and how much return can be expected in the future?"

“It’s hard to say the winning rate. Semiconductors are just beginning to develop in China. Dongxin Semiconductor has built its own semiconductor production base, and in the future it will mainly take on chip orders from Dongxin Semiconductor!

It is hard to say whether it will make a profit or a loss, but if it can be developed, this chip production company will far exceed Torch Group in terms of both revenue and tax revenue, but the investment will also be huge, and the initial investment will be more than 1 billion RMB!"

Hearing Li Dongling's words, Wu Yaoguo's eyes flickered. How could Wu Yaoguo not be tempted by a project that far surpassed Torch Group?

Torch Group has become the most successful investment since Wu Yaoguo took over the Hanxi State Investment Corporation. Production began in the second half of last year, and in less than half a year, Torch Group achieved profitability!

Not to mention how many jobs the Torch Group provides. Compared to how much money it makes, jobs and taxes are even more important to Hanxi State Investment. Just one project of the Torch Group has made Hanxi State Investment more confident in the entire province!
Now, which city in Hanxi does not support Wu Yaoguo? If they want Hanxi Guotou to invest in several local projects, preferably projects like Torch Group, which can make money and create jobs, how can they do so without supporting Wu Yaoguo?
"Hanxi Guotou is willing to invest, but..."

Wu Yaoguo said with a burning gaze, "Hanxi Guotou, you want to invest not only in this chip production plant, but also in Dongxin Semiconductor Company!"

Li Dongling looked at Wu Yaoguo with a strange look, as if he wanted to say something but stopped. Li Dongling would certainly not refuse Wu Yaoguo's investment in Doxin Semiconductor. He even hoped that there would be a few more big sponsors.

Li Dongling didn't know whether Wu Yaoguo had an illusion that Doxin Semiconductor was a hot commodity and wanted to get a piece of the pie.

It is hard to say how Doxin Semiconductor will perform in the future, but in the next few years, it will definitely be a money-eating beast. As long as it fails to catch up with the latest chip technology from Intel, Texas Instruments, Qualcomm and other companies, it can only keep burning money and it is impossible for it to stop.

Dongxin Semiconductor's chip department, its unannounced lithography machine, and its chip production plant, these three are sure to be money-eating beasts. If Wu Yaoguo wants to get in, he will have to spend a lot of money!
"Dongxin Semiconductor certainly welcomes the investment from Hanxi Guotou, but we may not get a return in the short term. I hope Hanxi Guotou will not regret it..."

Without waiting for Li Dongling to finish, Wu Yaoguo said proudly, "I, Wu Yaoguo, will not say anything else. I will never regret losing a bet. If I really lose, I, Wu Yaoguo, will admit defeat. No one has stipulated that the position of general manager of Hanxi Investment must belong to someone with the surname Wu!"

"A gentleman's word!"

"It's hard to chase a horse!"

Li Dongling stretched out his hand and shook hands with Wu Yaoguo. It seemed that Wu Yaoguo was impulsive, but only Wu Yaoguo himself knew the inside story.

It is hard to say whether investing in Dongxin Semiconductor will result in profit or loss, but Wu Yaoguo is clear about one thing: if the first domestically produced computer chip is really developed by Dongxin Semiconductor, then for Hanxi Guotou, it will not be possible to lose money by investing in Dongxin Semiconductor!

The profits may be lost, but as long as Hanxi Guotou reports that it lost money because it invested in the first domestic computer chip, who dares to say that it is not, and who dares to say that it should not have invested this money? !

People in Wu Yaoguo's position do need to look at Hanxi Guotou's revenue to judge his abilities and performance, but sometimes, it's not just about those things. After all, he also has his status in his official career, and the latter is more important than the former!

(End of this chapter)