My 1999

#1210 - Dreaming about the future

If the land he likes is an unfinished building, he will spare no expense to rebuild it.

Moreover, during the reconstruction process, they will also take a fancy to the surrounding buildings and buy them for expansion of the land at a price much higher than the market price, sometimes even more than double the price.

A few years ago, many people laughed at him for being brainless, not understanding the rules of the real estate industry, and spending money recklessly.

However, real estate prices have skyrocketed in recent years, and the land that was once acquired at a high price has now been wiped out by the rising land prices.

Not only did he not lose money, but he made a huge profit.

Xu Liang made a good deal.

There are many similar examples.

They are basically located in the core business districts of the country's first-tier and strong second-tier cities.

Having more than 20 years of memory makes me better than those guys who have just left the colony and are skeptical about the theory of China's economic collapse.

"Mr. Xu, it's almost time."

When Xu Liang had finished inspecting the entire project, Li Jinling came over and reminded him.

Xu Liang nodded to indicate that he understood, then quickly glanced at the project executives surrounding him.

“I have seen the entire project, and you have done a great job. Next, I hope you can continue to work hard and complete the remaining projects of Minhang Taihua City with guaranteed quality and quantity.

When the entire project is completed in 2009, I will personally attend your opening ceremony."

"Wow!" Loud applause broke out.

Big bosses rarely attend the opening ceremony of Taihua's projects. If they can really come at that time, it will not only be a recognition of their work, but also a capital for future promotion.

After a few more brief chats, Xu Liang took off his engineering hat and got into his car.

"Let's go."

After Huo Gang nodded, he stepped on the accelerator and took him to Mahler Restaurant.

This is the only restaurant under his "An's Catering Company" in Shanghai, specializing in high-end Western cuisine.

After being expanded on the basis of Mahler Villa, the 12,000-square-meter restaurant can accommodate nearly a thousand people dining at the same time.

After six years of development, it has established its own reputation in Shanghai.

Naturally, the restaurant under his own name had already prepared a private room.

Soon after he sat down, the guests he invited arrived.

The door creaked open and Zhang Rujing, with gray hair and wearing a brown plaid suit, walked in.

Behind him is the company's chairman Jiang Shangzhou.

As well as the representative of Hanhua who joined SMIC after Hanhua acquired SMIC, and SMIC's Chief Operating Officer Zhou Hongtao.

Xu Liang stood up and greeted him with a smile.

"I haven't seen you for a while. Old Zhang, your mental state is getting better and better."

Holding his hand, Zhang Rujing said modestly: "All this is thanks to you. If you hadn't provided sufficient research and development funds and factory construction funds, I'm afraid I would still be worried about the company's losses."

"Haha, I must do what I promised."

After greeting Jiang Shangzhou and Zhou Hongtao in turn, the group sat down on the dining chairs.

Li Jinling quickly arranged to serve the dishes.

Exquisitely prepared French Western food such as steak, red wine, foie gras, black truffles, and salads were served one after another.

"I'm sorry to have made Mr. Xu spend so much money." Jiang Shangzhou said with a smile.

"Compared to the progress you have brought to SMIC, a mere meal is nothing. Come on, let's eat first. It won't be too late to talk about things after we are full and satisfied."

Following his lead, several people picked up their knives and forks and started to taste the food.

As a top restaurant, the ingredients here are all top quality.

With good ingredients, as long as the chef’s skills are not too bad, the food they cook will taste much better than what you’ll find outside.

Not to mention the taste of the food carefully prepared by the chef at Mahler Restaurant.

As the guests drank and chatted, with Xu Liang's conscious mediation, they chatted about daily events and finished their lunch happily.

After arriving at the rest area and being served tea and cakes, everyone's expressions calmed down at the same time.

Xu Liang glanced around, picked up the teacup and took a sip.

"Mr. Zhang, I heard that the cooperation between SMIC and Kunlun Semiconductor is not very pleasant?"

Zhang Rujing was shocked and said to himself, "As expected."

"That's true. The main reason is that the company feels that Liang Mengsong's R\u0026D plan is too radical, the probability of failure is too high, and it is likely to cause a huge waste of funds.

It is inconsistent with SMIC’s development path.”

Zhang Rujing, Jiang Shangzhou and Zhou Hongtao stared at the man opposite them.

Although SMIC's management system has now become a 'partnership system', the board of directors is still firmly in the hands of the Xu family.

Xu Liang really has the ability to make them leave at any time.

Although they have no shortage of good jobs with their abilities, there are very few platforms as good as SMIC.

"A forced melon is not sweet. Since you think Liang Mengsong's plan is too radical, there is no need for you two to cooperate.

However, if you still fail to conquer 45 nanometers after he has mass-produced 32 nanometer technology, I will let Kunlun Semiconductor acquire SMIC.”

Xu Liang did not hide too much and directly put forward his strategy.

Zhang Rujing and the other two's faces suddenly changed. If they were acquired by Kunlun Semiconductor, then the other party would definitely take over the management of the entire company.

Even if they don't get eliminated in the end, they will lose their current status.

"Mr. Xu, what if we mass-produce 45nm technology ahead of schedule?" Zhang Rujing said quickly.

"To be fair, I will give Liang Mengsong one more year. If you can mass produce 45 nanometers and he fails to mass produce 32 nanometers within one year, then SMIC will acquire Kunlun.

If you go into mass production of 45 nanometers and he goes into mass production of 32 nanometers in less than a year, then you are tied and the two companies will continue to compete.

Until one fails and is swallowed up by the other. "

Xu Liang is directly playing an open game, telling you clearly that you will be eliminated if you don’t work hard.

The blunt words made the atmosphere in the room more depressing.

"If you feel something is unfair, you can directly raise it."

Zhang Rujing pondered for a moment, "R\u0026D investment is very important. If they can get more R\u0026D funds, they can recruit more R\u0026D personnel and win this victory earlier than us."

"That makes sense. So I have prepared enough R\u0026D funds for both of you. The 45-nanometer R\u0026D funds you reported last time were $1 billion.

I will support you without compromise.

In addition, you are all talents who have worked in the chip foundry industry for many years, and you know very well how much R\u0026D funds are needed for each generation of advancement.

So I will give US$2 billion to Kunlun Semiconductor.

Regarding the use of funds, you can send financial inspection teams to each other, and I will never favor any party. "

Looking around at everyone, Xu Liang smiled.

"Any questions?"

The three of them looked at each other and said nothing more.

After a moment, Zhang Rujing said slowly: "Mr. Xu, technology research and development is a slow and gradual process, and SMIC's employees are also very hard-working.

In the past seven years, we have built up a foundry company from scratch, becoming the world's third largest and China's largest.

So, is it necessary to further squeeze the potential of employees through such fierce competition?

I worry that it could backfire.”

Xu Liang smiled calmly: "The minimum monthly salary for SMIC R\u0026D positions is 25,000 yuan, which is ten times that of the average Chinese white-collar worker. The median monthly salary for SMIC R\u0026D positions is 70,000 Chinese yuan, which is 30 times that of the average Chinese white-collar worker.

And there are also considerable bonuses to be received. The company provides 2,000 yuan in meal allowance every month, travel reimbursement and many other benefits.

I have given you the best treatment.

If someone cannot adapt to such good conditions, he can choose to resign. "

Looking directly at Zhang Rujing, Xu Liang spoke in a firm tone.

"Since the acquisition of SMIC, SMIC's monthly losses have exceeded US$200 million, including R\u0026D investment, wages, and equipment depreciation.

Many people at home and abroad, and even within SMIC, call me a sucker.

But I want to tell them that my money, Xu Liang’s, did not come from the wind.

If you fail to produce results within the specified time limit, you must pack up and leave.

I don’t have any parasites here!”

Zhang Rujing's brows twitched and his expression became complicated.

He knew that people inside the company, especially those engineers who came from Taiwan, were secretly mocking Xu Liang behind his back, calling him a rich fool and a sucker, and he didn't put much effort into correcting them.

Perhaps he himself had a hint of this thought deep down.

Now that this was suddenly pointed out, he, who was nearly sixty years old, couldn't help but show some warmth on his face.

Faced with Xu Liang's deep gaze, the words of defense were stuck in her lips and she couldn't say anything.

"Do you have any more questions?"

"I support Mr. Xu's decision. The working atmosphere in SMIC has been a bit lax recently, and we should put some pressure on them." As one of his own, Zhou Hongtao naturally had to stand up and support the big boss.

"I think this is a good idea. Back then, our ancestors used abacus and ate steamed bread, and spent eight years under such difficult conditions to develop the atomic bomb.

Now SMIC has sufficient capital, a large number of talents, and excellent R\u0026D conditions.

If we still can't master 45 nanometer technology within two years, we won't have much to say if we are replaced by others." Jiang Shangzhou also agreed.

Hearing them say this, Zhang Rujing sighed inwardly, and nodded slowly towards everyone's gaze.

"I agree."

"Very good. After you go back, you will organize the company's middle and senior management to hold a meeting at the Bund No. 9 Hongyan Magic City Branch at 9 o'clock tomorrow morning.

By then, Kunlun Semiconductor will also participate.

I am here to convey the resolution we have agreed upon today."

Several people nodded.

After finishing the business and drinking some tea, Xu Liang saw them off.

Watching the car go away, Li Jinling said, "Boss Xu, this conspiracy of yours is really a stroke of genius. Let's see if they dare to be free and undisciplined and just get by with it."

"Don't be too happy yet. It won't be too late to say it after the results are achieved."

Li Jinling nodded. "By the way, should we also set up a panel company to put a tight rein on BOE?"

"unnecessary.

BOE is different from SMIC.

Zhang Rujing and his gang have been working overseas and are used to being beaten with the stick of wealth.

The salaries and benefits we offer now are only slightly higher than what they earn overseas.

In addition, Taiwanese people inherently look down on people from the mainland, which means they won't be very grateful to us.

BOE is different.

Huang Dongsheng and the main R\u0026D team are all authentic Chinese. Although there are many people who have studied abroad and are overseas Chinese, the R\u0026D team is still mostly composed of local Chinese.

The wages I give them are enough to make them grateful, and they are willing to work overtime.

In their opinion, I paid enough.

It's your duty to work.

They don’t need incentives.”

Analyze specific things specifically, this is the principle he learned from his junior high school political class.

"Mr. Xu, you still have a long-term vision. But if those Taiwanese people are dissatisfied and resign..."

"Just resign if you want. I actually hope they will resign, too."

Seeing Li Jinling's puzzled look, Xu Liang smiled and said, "Can't you figure it out?"

"Aren't you always recruiting overseas chip talents with high salaries?"

"I am recruiting again. But talents are different. The Taiwanese people in SMIC have already made enough money. If they don't have much affection for China, how much motivation do you think they still have to strive for?"

Li Jinling said that if she didn't have much career aspirations and had earned enough money, she would definitely just do her job to get by.

The latest novel is published first on Liu9shuba!

"I am now planning to clear out these people and give their positions to young mainlanders who joined SMIC earlier, have accumulated sufficient R\u0026D and management experience, have career aspirations, and want to make more money."

Zhang Rujing is from Taiwan and returned to the mainland with his old colleagues to start a business.

He will definitely give priority to promoting his own people.

This is human nature, and any entrepreneur throughout history has done this.

This is also one of the reasons why many people later criticized Zhang Rujing for nepotism at SMIC.

But Xu Liang obviously could not accept such a result.

So when he completely took control of SMIC, the first thing he thought of was to put a tight rein on these Taiwanese people.

996 does not distinguish between inside and outside.

"Okay, let's not talk about this anymore. Let's go home."

The next day, Xu Liang held a meeting with the top executives of the two companies at the Bund Hongyan Magic City branch. As expected, he was questioned by many senior executives of SMIC.

Xu Liang was firm in his attitude and threatened to leave if he didn't accept it.

All opposition was resolutely suppressed.

Unexpectedly, everyone from Liang Mengsong to Qiu Ciyun, a former SMIC executive who recently joined the company, accepted Xu Liang's conditions.

After the meeting ended in a depressing atmosphere, Xu Liang stopped Zhou Hongtao.

"Keep an eye on those who have the most opinions within SMIC. I want to know their performance within the company at any time."

"clear."

After patting his shoulder, Xu Liang smiled.

"Work hard. If you get this done, I'll give you more company options."

Zhou Hongtao's eyes lit up instantly after being told such a big promise, and he became more energetic than before.

"Don't worry, I'll keep one eye open and watch them even when I'm sleeping."

"Go get busy."

"yes."

After watching him leave, Xu Liang looked at the time and boarded a helicopter to Hangzhou with his bodyguards.

Now, it is a simple matter to apply for airspace with his identity.

He slowly landed on the helipad of Taoyuan Villa, which he bought and built three years ago, by the West Lake.

After the helicopter's fan blades stopped completely, he jumped down. Then Lu Hui, who was in the corridor not far away, came over with the two little ones.

Her long hair was tied into a bun and fell behind her head.

A black tweed coat paired with black pencil trousers and women's high heels exudes a cool and noble temperament, like a blooming black rose.

The thin gold-rimmed glasses, set against the cold white skin, add a touch of literary charm.

Combined with her tall and slender figure of 172cm, her overall figure becomes even more outstanding.

To be fair, although she is considered beautiful in the eyes of ordinary people, she is almost the last one among all the women around Xu Liang.

The reason why she was able to get to the top was simply because she stayed by his side every day, fell in love with him over time, and couldn't bear to leave him.

"dad!"

The little girl, who was almost one year and four months old, broke free from her mother's right hand and ran over with a staggering gait.

Her identical twin brother seemed a little shy. He held his mother's hand and was reluctant to come forward.

He picked up his daughter and kissed her tender and sweet little face several times.

"Hehehe, Daddy has a beard and it itches..."

The little hand pushed the father's head, and the clear laughter roamed in the huge manor.

After being intimate with his daughter for a while, he quickly walked forward, hugged his woman and then squatted down.

"Haibao, do you miss your dad?"

Xu Liang spoke softly, his face full of the smile of an old father.

Seeing this huge 'giant' bending over, the little guy subconsciously hugged his mother's legs tightly.

Patting his little head gently, Lu Hui said softly, "Haibao, didn't you just say you missed your dad?"

The little guy pursed his lips, his fair and tender face full of confusion.

"Forget it, don't force him. He'll be fine after a few days of getting familiar with it. It's cold outside, so let's go in first."

Lu Hui nodded.

She held her son's hand, while Xu Liang held his daughter in one hand and held her hand with the other.

Four people entered the room.

This Taoyuan Villa on the shore of West Lake covers an area of ​​3,200 square meters, with the main building of 1,100 square meters.

It was a piece of land that was directly approved by the city of Hangzhou when he expressed his intention to buy a house when he invested in the city.

It is surrounded by mountains and water, and has an excellent environment.

But since it was built, he rarely came here except for the time when he brought Liu Xixi to live here.

However, in the second half of last year, after Lu Hui learned about this place, she moved here from Shanghai with her children.

When he arrived at the room, Xu Liang took out the toys he had bought in advance. His son, who had been a little hesitant before, quickly pounced on him, and Xu Liang took the opportunity to play with him for a while.

The rift between father and son soon disappeared.

After lunch and coaxing the two little ones to take a nap, Xu Liang took Lu Hui to the bedroom.

I had breakfast the next day.

After playing with the two children for a while, the two drove to the "Hanjiang International" office building in the riverside area of ​​Hangzhou.

The Dream Future Education Group, which was officially established at the beginning of last year, has just moved its headquarters here from Shanghai.

Sitting in the spacious president's office, you can overlook the Qiantang River winding like a jade belt and the lush Century Gardens at your feet.

“The scenery here is really nice.”

"I spent a long time choosing this place. In addition to the nice scenery, its developer has a relatively high leverage. Once the real estate market enters a downward cycle, there is a high probability that I will be able to buy this high-end office building at a low price as the company's fixed asset." Lu Hui said with a smile.

"A very smart choice. So you have made up your mind to move your family here?"

Lu Hui nodded.

"There is heaven above and Suzhou and Hangzhou below. I like the scenery here."

Looking at the expression on the beauty's face, Xu Liang understood that her words were just excuses. The key point was that she didn't like being in the same city with Liu Qianqian.

It’s not that she hates him, she just simply wants to be independent and doesn’t want to become Jiang Xiaoyang’s subordinate like Fan Xiaopang and the others.

Xu Liang didn't point it out either.

After returning to the sofa and sitting down, he waved to Lu Hui.

The latter sat over.

While Xu Liang put his arms around her waist, she also leaned her head towards him obediently.

"If you want to be alone in Hangzhou, just stay here. I'll come over often."

Lu Hui nodded. Although she had no hope that Xu Liang would "come often", she couldn't help but look forward to it.

After the silent warmth passed between the two for a long time, Lu Hui broke the silence.

"I have compiled the operating data of Dream Future Education Group in 2007. Do you want to take a look?"

"OK."

"Wait a moment."

Lu Hui stood up and took out a document from the safe behind her desk and handed it over.

“New Dream’s are also in there.”

Xu Liang nodded, took it and opened it.

The current 'Dream Future Education Group' consists of five businesses.

New Dream Education, Mali Art Materials, Dream Books, Future Home and Good Future.

New Dream Education is the absolute core of the business. In the eight years since its establishment, it has become a top enterprise in domestic art training, subject training and adult vocational training.

Art training covers ages 3 to 70, including fine arts, music, musical instruments, dance and other fields.

Subject training covers children's English, primary and secondary school subject training, CET-4 and CET-6 exams, postgraduate entrance exams, foreign exams, studying abroad and international study tours.

Vocational training covers thirteen majors including programming, interior design, and animation design.

There are 679 teaching centers across the country, covering more than 70 cities, with nearly 10,000 employees.

In 2005, the total number of people receiving training nationwide exceeded 2.2 million.

The total annual revenue exceeded 5.2 billion Chinese yuan, and the net profit reached 1.7 billion Chinese yuan, with a profit margin far exceeding that of training institutions such as New Oriental.

The reason is very simple. New Dream has a high property ownership rate, so its rental expenses are lower than those of its peers.

Thanks to the nationwide real estate boom in 2006 and 2007, the New Dream Education Group, which owns 280 buildings and 3.1 million square meters of properties, has fixed assets exceeding 29 billion Chinese yuan.

This represents a 43% increase compared to last year.

Under these major positive factors, the market value of New Dream Education Group, which has been listed for nearly three years, has exceeded

This is also the reason why its market value exceeds US$12 billion, but New Oriental’s is less than US$6 billion.

Investment institutions also value tangible fixed assets such as real estate.

"How much has been cashed out from New Dream Education's shares?" Xu Liang asked.

“21%, a total of $1.57 billion in cash.”

The cashing out of New Dream’s equity began in early 2007. In just one year, China’s education industry developed rapidly and China’s real estate prices continued to rise.

The sell-off of Dream Future Education Group did not affect the stock price of New Dream.

“How much of the group’s shares are left?”

Lv Hui: “There are still 57.8% left.”

“Continue to sell off and strive to reduce the equity to 45% within six months.”

Lu Hui nodded. With the current situation of Hong Kong stocks, no speculators would dare to make trouble with the 45% stake.

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