Back to 1990

It took Lu Feng a long time to drive her out. Before leaving, Su Yourong stood at the door rather uncomfortable, and said to Lu Feng, "Don't raise money after the new year."

"Does United Capital rely on this for its financing?" Lu Feng said angrily.

"You rely on this to raise money with me!" Su Yourong snorted, and returned to her room with a bit of arrogance.

On February 4th, with only three days left before the Chinese New Year, Jiang Xiaoyan took Duoduo back to her hometown. Lao Jiang's house was surrounded by water, not only relatives and friends, but most of the people in the village came.

The eldest sister who used to work hard in the family has now become the glory of the whole family. With the sound of crackling firecrackers, Jiang Xiaoyan's car drove in and got out of the car to have a good meal with everyone.

The Tianjin factory will open next year, requiring a large number of workers, but anyone who has a relationship with Jiang Xiaoyan will agree to go to work in Tianjin after the new year.

Within two days, people from the county and the city came, hoping that Jiang Xiaoyan would open a small factory here to promote employment. The two sides talked for a long time, but there was no substantial progress, except to give Jiang's family a good face.

For the Jiang family, this year is definitely the most glorious year in their life. There is an endless stream of people who come to visit every day, and no one in the ten miles and eight villages knows that the daughter of the Jiang family is not an ordinary person.

Duoduo has also become the king of children in the village. No one dares to provoke her among a large number of children, and with money in her pocket, she invites everyone to the canteen for consumption at every turn, allowing the children in the village to see for the first time what it means to be rich.

Su Yourong coaxed Lu Feng's parents around. Apart from nagging, the two elders told Lu Feng to get married early, other than that everything was fine.

After all, for them, Shenzhen, a modern city, was too big, and everything seemed so novel. Under Su Yourong's sweet talk, they didn't have much time to pay attention to Lu Feng in a day.

In a blink of an eye, it was New Year’s Eve, and it was still the same old style. Firecrackers were set off, and after the New Year’s Eve dinner, we started watching the Spring Festival Gala. When Huang Hong’s skit "Shoe Spikes Staged, Gong Hanlin’s pair of leather shoes cost 1,000 yuan, the two elders were dumbfounded and couldn’t believe it. There are such expensive shoes.

"A leather shoe of 1,000 yuan is not that expensive, there are 5,000 yuan." Su Yourong looked at Lu Feng's leather shoes at the door and said, "Lu Feng's pair of shoes cost more than 10,000 yuan."

The second elder was shocked and speechless.

The three of them sat there chatting about prices, and Lu Feng saw the great changes of this era from this sketch. The gathering place of spiked shoes vendors was taken over by the Auto City, and the business development was from top to bottom. Already have a huge perception of business.

It shows that this round of transformation and upgrading has matured, just like later generations. When remote mountain villages know the popularity of some consumer goods, software, and entertainment, it means that these things have reached the peak of expansion, and then they will flourish and decline. .

A few years ago, Lu Feng asked Jiafeng Group to send color TVs to villages and towns. At that time, Jiafeng’s series of innovations, such as door-to-door delivery and seven-day replacement, were all impressive innovations. It is a sea of ​​red.

In fact, after 1997, the domestic consumer market tended to be perfect. In the next few years, there were not many novelties. opened the door to another era.

Strictly counting, there were six or seven years in between, which belonged to the vacuum period of the consumer market.

As the unforgettable tonight is sung amidst the explosions of fireworks, another year has passed and the year of the ox has come.

On the first day of the Lunar New Year, Lu Feng paid New Year's greetings to many people, including Prince Maha, Sean, the president of Nokia, the principal of the university, and others from above. Su Yourong took the two elders to Hongfa Temple to burn incense, and Lu Feng was free.

The new year is over, and Lu Feng's phone calls are busy again. In the new year, the research and development company needs more budget. The production volume of the chip factory can't even earn the wages of employees. Before the new year, Lu Feng asked Liu Cheng to estimate After a while, if the chip factory and various supporting factories are all put into operation this year.

In addition to the research and development budget, at least 500 million U.S. dollars are needed. The previous 500 million U.S. dollars allocated by the group was used by Liucheng to order a batch of experimental equipment. At the same time, the fab also needs to order a batch of equipment. I bought it, but the price it sells to China is more than twice that of other international manufacturers.

The single crystal furnace, vapor phase epitaxy furnace, and oxidation furnace in the factory are still bought from Baosteel. The problem is that the equipment is not accurate enough, and I want to replace it with better equipment.

Personnel is also a problem. If a R&D company becomes a semiconductor company, it needs highly educated personnel. Now that domestic first-class university talents want to compete with other companies, the salary of an intern will not be less than 3,000 yuan. This salary was in 1997. In such an environment, it is by no means affordable by ordinary units.

All in all, 500 million is really not much!

On the tenth day of the first lunar month, the two elders thought that they might be there. Lu Feng and Su Yourong couldn't get together, so they proposed to leave. Lu Feng asked them to leave after the fifteenth day of the first lunar month.

After nine o'clock in the evening, Lu Feng was sitting in the study room sorting out some documents. Su Yourong opened the door, stood at the door and said, "I have to go back tomorrow."

"It's good. I'll make preparations when I go back. There's something I've always wanted to ask you. How much do you think the current R&D company can give you?" Lu Feng asked.

"How much do you want?" Su Yourong asked back.

"I want 10 billion!" Lu Feng said with a smile.

"Don't dream of a valuation of tens of billions of dollars. I really think it's Jiafeng Group. Besides, I still don't understand how you let the Schroeder Group accept a valuation of tens of billions of dollars." Su You Rong asked curiously.

"Sometimes the value of a company is not only money, but also strategic needs. I have a good relationship with a girl named Lewinsky. I have been talking on the phone for the past few years. I have been able to travel around the world in the past few years. Wanted and safe, of course, not only rely on money."

"Sometimes, I play the role of an underground broker in various countries around the world." Lu Feng sorted out the folders and asked, "What do you think the R&D company is worth now?"

"I can't get in touch with your circle. In my case, at most one billion U.S. dollars, or seven or eight billion Hong Kong dollars, even at this price, for investors, the risk is extremely high. Those who invest will have no chance. R&D The most deadly point of the company is that you have no profitability, and you cannot become a global top enterprise." Su Yourong looked at him and said seriously; "No one believes that you can succeed."

Lu Feng smiled, stared at her and said, "Don't you believe it?"

"Believe it or not, it's useless. I don't invest. United Capital is a financial company, not an investment company. What's more, your project, which ordinary investment companies dare not enter, requires venture capital, and it must be a big venture capital!" Su You Rong thought for a while and said, "When I introduced you to those investors, I gave you a valuation of three billion Hong Kong dollars!"

"Less than US$500 million?" Lu Feng couldn't help laughing, and said, "It's too low!"

"Then there's nothing I can do."

"Let's talk over there!" Lu Feng stood up and said, "Let's rest first."

Lu Feng knew that after the R&D company lost its group headquarters, its valuation would plummet, but the price of three billion Hong Kong dollars was somewhat unacceptable to him.

R&D companies need at least two years of independent time, and these two years need a lot of money, but this kind of project is a headache even for venture capitalists.

Lu Feng chose to go to Xiangjiang, the purpose is also very simple, the research and development company lacks a nanny, he wants to get United Capital, and is responsible for blood transfusion for the research and development company.

At the beginning, Lu Feng wanted to take Sun Hung Kai down as a controlling shareholder, so he carefully calculated it. Let alone Sun Hung Kai's relatively large size, the most important thing is that with Lee Shau Kee in it, it would take too much strength to take it down.

Lianhe Capital is different. Mr. Chen has no bones left at the time, and several shareholders of Lianhe Capital are not very powerful figures in Xiangjiang. Moreover, Lu Feng heard that they have plans to cash out and leave. By buying some stocks, you can basically control the company.

Su Yourong gave such a low valuation to the R&D company, and Lu Feng was not surprised. The R&D company is worth one billion US dollars in terms of factory buildings, equipment, and technology patents alone. She gave such a low valuation because she just wanted to reach out. .

She has always been unwilling to do one thing, and there are many large financial companies in Xiangjiang. It is not easy for United Capital to break out of the encirclement and grow.

A few days ago, Su Yourong chatted with Lu Feng about the issue of financial market regulation after Hong Kong's return. She wanted to use Lu Feng's hand to overwhelm other companies. UU Reading www.uukanshu. com Lu Feng neither agreed nor refused.

We also talked about the development of domestic semiconductors. Lu Feng is very optimistic about the prospects of products such as chips, storage, and motherboards, especially for several major consumer groups such as data networks, broadband technology, wireless transmission, and personal computers.

What Su Yourong thinks is nothing more than investing in a research and development company at a low price, and using the next few years to prove the value of the research and development company. If it fails, she will not lose too much from the low-valued investment of three billion Hong Kong dollars. Then she will become Asia's semiconductor queen!

The hearts of both of them are like mirrors, everyone knows what the other is thinking, but they must cooperate, what they are playing is Yangmou, let's see who can play who.

After Su Yourong left, the two elders talked about it for several days. The fifteenth day of the first lunar month passed in a blink of an eye, and the two elders went back by plane. Lu Feng called Jiang Xiaoyan. Telling her aunt not to come after the Chinese New Year, she asked her second cousin to take care of Duoduo.

"Then I'm going to Xiangjiang. I'll come back to see the child when I have time." Lu Feng said into the phone.

"Okay, I'm busy too, come back a couple of times if you have time, I have something to do here, so hang up first." Jiang Xiaoyan hung up the phone after finishing speaking.

Lu Feng put down the phone and called Wei Yandan. They have all arrived in Xiangjiang for a week. The recruitment is about the same, and all departments are basically complete. Now there is only one thing left, which is whether the R&D company should be merged into Hurricane Capital. .

"Come in, change the name of the research and development company to Hurricane Semiconductor, and put my shares in Camry and Minsheng Bank under the name of Hurricane Capital, and I will arrive the day after tomorrow!" Lu Feng said to the phone.

After hanging up the phone, Lu Feng took a deep breath, stood up and muttered.

"Just play with the big ones. If there are too many baits, the fish will be in a hurry!"