Rebirth 08: Rise from copycat phones

Chapter 137 Zhiyun Technology Building
Weiku Industrial invested in the construction of a large-scale production base. Zhiyun Technology and Weiku Industrial both attached great importance to it and sent a number of people here.

The local side also attaches great importance to it... Weiku Industry, which relies on two large companies, Zhiyun Technology and Weiku Electronics, plans to build a large production base and R&D center in the local area.

What this means is huge employment and tax revenue.

Contemporary electronic consumer product OEM is a typical labor-intensive industry that employs a huge number of people.

This large-scale production base and R&D center planned by Weiku Industrial is expected to create 50,000 jobs in the first phase of the project.

Since the contacts and negotiations began a few months ago, the local authorities have always shown great sincerity. The price of the industrial land is basically symbolic... If it wasn't for the sake of explanation, they would have wanted to give it away directly!
We will give tax incentives where possible, and create opportunities to give those that cannot be given...

Then there are bank loans... Although Weiku Industrial is now of a good scale and relies on OEM revenue for its own sister companies, as a typical heavy asset enterprise, Weiku Industrial's cash flow is still relatively small, and it is impossible for it to give you tens of billions of funds for investment in one go.

How to solve the investment funding problem?

Zhiyun Technology provided part of the support in the form of advance payments for OEM orders, and then WeCool Electronics asked Zhiyun Technology for a loan for part of the money... and the remaining part was a low-interest loan provided by a local bank.

That’s it... Actually, these are just ordinary conditions. There are many cities that offer even more frightening conditions when they come to attract investment.

Weiku Industrial listed Dongguan as the first candidate mainly due to considerations of supply chain costs, labor costs and the overall environment.

How should I put it? It’s not like if you invite Weiku Industry to invest and set up a foundry somewhere, Weiku Industry will go there... In some places, the conditions seem to be very good, but in fact, it is very troublesome to set up.

For various cost control, risk control and other factors, Xu Shenxue still prefers to develop this kind of labor-intensive industry in the Pearl River Delta, where the overall environment is good, recruitment is easy and the supply chain is convenient!
Xu Shenxue's convoy drove along the highway and got off after about an hour.

Then came the usual meetings... Not only the local representatives, but also representatives from several other places who had heard the news. One of them somehow managed to evade the local security and finally appeared in front of Xu Shenxue...

Trying to make a final effort to snatch this big piece of fat meat from Wancheng.

To be honest, I still have great respect for Xu Shenxue, the representative of this place.

When running a business, you must have an indomitable spirit. You can't just give up after an initial failure... If you don't fight for it, hundreds of billions of investments, hundreds of billions of annual output values, and such a large industrial chain will not fall into your hands out of thin air!

Since the other party had come, Xu Shenxue naturally had to have a detailed conversation with him, learn about the various conditions in the other party's area, and then expressed his willingness to go back and take a look if he had the chance.

As for changing this investment decision...that's impossible!
This investment decision in Dongguan City is a group-level decision, which involves important industrial layouts for the next one or two years and is directly related to the production capacity of various products of Zhiyun Technology and Wecoo Electronics in the future... It represents tens of billions of interests.

It can't be changed easily!

However, Xu Shenxue still said that it is unlikely that such a large-scale production base investment will be available in the short term, but there are still possibilities for cooperation in other areas. For example, the local educational resources are good, and Zhiyun Technology can try to set up a research and development center in the local area to recruit high-quality talents nearby.

Zhiyun Technology's R&D institutions have always been key development institutions. Not only in Shenzhen, but also in several other major cities in China, R&D centers have been established one after another.

In addition, R&D centers have also been established in Silicon Valley, Europe and Singapore.

The domestic research and development layout has also been ongoing. In addition to large-scale R&D centers in first-tier cities, Xu Shenxue will also try to establish R&D centers in some second- and third-tier cities with better conditions.

After the messy talks ended, Xu Shenxue took his team and conducted a field investigation of the industrial park accompanied by local representatives.

The local government has invested heavily in introducing Wecoo Industry...or Zhiyun Technology behind Wecoo Industry, and the supply chain of Wecoo Electronics.

A large area has been planned in a place with convenient transportation, specifically for the Weiku Industrial Park. The entire park is very large. If it is fully built, it will be enough to accommodate 200,000 people for production here, forming an extremely large industrial cluster.

At the same time, not only is the place large, but the environment is also good, with mountains and water. In addition to the industrial park next to it, there can also be some office buildings, R&D centers and living facilities nearby.

This kind of large industrial park is not just a factory building, it also needs to be equipped with a large number of various living facilities, and even kindergartens and primary schools... Among so many employees, there will always be some couples, or management employees who need to solve the problem of their children's schooling.

Then the local area has also planned high-level highways that can easily connect to highways and industrial parks and facilitate logistics transportation.

In addition to this Weiku Industrial Park, they also have several existing industrial zones next to it, which can also accommodate the construction needs of other supply chain companies in the Weiku supply chain.

It is worth noting that when Weiku Industrial comes to build a factory, it is not just coming by itself, but will also bring a large number of supply chain companies with it!

According to the requirements of Zhiyun Technology and Wecoo Electronics, the two core customers, the supply chain needs to reduce supply chain costs and control supply chain risks. Therefore, Zhiyun Technology and Wecoo Electronics basically require supply chain companies to provide industrial supporting services around assembly foundries.

Of course, it is only limited to some ordinary supply chains...it is impossible to follow up on core components such as chips and screens.

For example, the screen production line of others costs hundreds of millions of dollars, how can they just follow you...

The same is true for chip manufacturing, or even more difficult... Zhiyun Microelectronics, developed by Zhiyun Technology, requires an initial investment of tens of billions of yuan.

The establishment of a chip factory is much more impressive than the assembly and production base of Weiku Industrial.

However, even if there is no supporting industrial chain for these core components, and only some ordinary supply chain companies follow suit, this is also a very large industrial cluster.

Xu Shenxue came here to build a production base, and what he brought was not just an assembly factory, but most of the smart terminal equipment manufacturing industry chain.

Otherwise, how could the local government give such great discounts and support to Weiku Industrial and Zhiyun Technology?

After a tour around the site, Xu Shenxue expressed his approval of this place, and then made a temporary decision to discuss with the local authorities to include another area with a good environment in the surrounding area into the plan.

We plan to set up a research and development center under Zhiyun Technology here in the future.

The local representatives naturally accepted Xu Shenxue's impromptu idea with a smile... This was not only a large investment, but also a core R&D and design investment. After the inspection, Xu Shenxue returned to Shenzhen and formally approved the Weiku Industry Dongguan City Production and R&D Base Project the next day.

It is expected that the first phase investment will be 2.5 billion. If everything goes well, there will be a larger second and third phases, and eventually a super industrial park with more than 200,000 employees and astonishing output will be built.

After settling this matter, Xu Shenxue did not have time to rest, but instead negotiated with Qianshan Insurance Daxia.

Zhiyun Technology wants to purchase this building and use it as its own company's global headquarters.

The locals are very supportive of this decision...

This is the global headquarters of a Fortune 500 company, and it is also a high-tech company that can beat a large number of so-called international high-tech companies into fleeing in panic.

It sounds impressive just by saying it... not to mention the huge employment and tax revenue behind it.

A large portion of the shares of the Insurance Building are in the hands of local municipal investment companies. At the same time, Zhiyun Technology is not short of money... and is willing to give a certain premium, so the problem is easy to solve.

Zhiyun Technology initially considered building its own building, but building a building by itself would take a long time. However, Zhiyun Technology developed too rapidly, and the number of employees at its Shenzhen headquarters already exceeded several thousand people... Because there were not many office buildings rented in the Insurance Building, these several thousand people were actually scattered throughout Shenzhen.

This is very inconvenient.

Therefore, a few months ago, Zhiyun Technology started negotiations and tried to acquire the Insurance Building in its entirety!
This insurance building has 43 floors, a large enough office area, and a height of more than 200 meters, making it a prestigious global headquarters.

Not only in Shenzhen, but also when Zhiyun Technology expands its business in other cities, it basically chooses to purchase office buildings as office space, mainly for convenience and speed...after all, it has no shortage of money.

We have purchased a 32-story office building in Shanghai, a 20-story office building in Beijing, and two side-by-side 10-story office buildings in Sichuan.

Currently, Zhiyun Technology has more than 15,000 employees in China, most of whom are R&D personnel, and this number is still expanding rapidly.

Zhiyun Technology is holding its 10th spring campus recruitment nationwide, directly targeting outstanding students from 985 and 211 universities. The scope of talent recruitment ranges from computer software to microelectronics, materials, biochemistry, etc., and even pure mathematics and other liberal arts.

Basically, we want all kinds of talents.

For example, it is not easy to find a major matching your major in a minor language, but Zhiyun wants it... After all, Zhiyun's business is spread all over the world, so no matter what language you major in, Zhiyun can use it.

YUN OS system currently supports dozens of languages ​​and is still expanding rapidly...

Zhiyun Technology recruits all kinds of talents, mainly because Zhiyun Technology has too many R&D projects and its business scope is too broad... At the same time, the company is large in scale, so basically any kind of talent can find a corresponding position.

Zhiyun Technology’s attitude towards talent has always been: don’t worry about anything else, just poach the talent first...so it creates the appearance that it wants everyone.

But this is just an appearance!

In fact, most of the talents recruited by Zhiyun Technology are engaged in research and development in science and engineering, and the proportion of liberal arts is actually very small.

In addition, although Zhiyun Technology seems to recruit a large number of people, the threshold is actually very high... Nowadays, if you want to enter Zhiyun Technology, a 211 undergraduate degree is the starting point...

The reason why a large number of outstanding students from prestigious universities flocked to participate in Zhiyun Technology's campus recruitment is, on the one hand, because of Zhiyun Technology's famously high treatment; on the other hand, it is also related to Zhiyun Technology's reputation. This is a high-tech giant company that was founded just over a year ago and is comparable to the fruit industry. Its products are sold all over the world, and its revenue is enough to rank among the top 200 in the world.

In the field of high-tech enterprises, there are not many companies more powerful than Zhiyun Technology.

Such large enterprises are extremely attractive to outstanding students today.

If you make a lot of money and your company is well-known, you can feel proud when you talk about it. You will also have the opportunity to face the world and truly go global.

Not every company can provide students with opportunities to face the world and go out into the world.

During the spring recruitment in 10, Zhiyun Technology's human resources department received countless resumes. Although the final admission rate was very small, the total number of admissions was still very considerable.

But no matter what, it is a fact that the number of employees at Zhiyun Technology is expanding rapidly.

It is also true that the requirements for office space are becoming increasingly higher.

Under such circumstances, Zhiyun Technology also held talks with multiple shareholders of the Insurance Building, and bought back some of the previously sold retail floors of the Insurance Building at a premium in advance.

With the coordination of many parties, and the fact that Zhiyun Technology was really generous in paying, they kept raising the price...

In the end, Zhiyun Technology successfully purchased the building and later officially changed its name to Zhiyun Technology Building.

The original tenants all left with compensation, leaving the floors vacant for renovation and accommodating headquarters staff.

At the same time, considering that the existing building will most likely not be enough in the future, Zhiyun Technology is still looking for a target and is preparing to acquire another piece of land nearby and then build an office building. This is not difficult, as the local government is very supportive and Zhiyun is not short of money...it just takes several years to build the building itself.

Building a building by oneself takes too long, which is the main reason why Xu Shenxue simply buys office buildings everywhere... he just can't wait.

After finalizing the plan for subsequent self-built buildings in a new round of executive meetings, Xu Shenxue felt a little tired.

There have been too many things going on recently, and there have been too many meetings. He has been dizzy and overwhelmed by the constant meetings every other day... This makes Xu Shenxue feel that he should find a vice president who is dedicated to handling various daily corporate affairs.

(End of this chapter)