Rebirth of the World’s Richest Man
Chapter 3537: Board of Directors
Chapter 3537 Board of Directors
Even if Think Computer wants to build a new wafer fab in the mainland, the reasons are actually very good, both in terms of market and resources, they are impeccable.
But no matter how good the reasons are, the only problem is that there is no money.
Huaqing Holding Group has continued to carry out large-scale projects in recent years and has expanded very rapidly. Whether it is acquiring Yaohan Supermarket, acquiring car brands, or launching various projects, it requires a lot of funds.
If this wafer fab project requires several hundred million US dollars, forget it, but this wafer fab project will cost at least several billion US dollars.
In Ni Guangnan’s plan, the minimum requirement is three billion U.S. dollars. Three billion U.S. dollars, which is equivalent to more than 20 billion U.S. dollars.
This is not a small amount of money. Even for a company like Huaqing Holding Group, it is very difficult to come up with it.
And this is just the lowest limit. For a medium-sized wafer fab, it will cost 5 billion US dollars. If it is built to the highest standard, it will cost between 7 billion and 8 billion US dollars.
This capital is so huge that it is basically unthinkable to put it in domestic private enterprises.
If Huaqing Holding Group works hard, it will not be impossible to get it out if it squeezes. But the key to the problem is that Huaqing Holding Group is not only a subsidiary of Hualian Computer, but other companies also need money.
It is impossible for all of this fund to be allocated to Hualian Computer. If so, what about the development of other companies?
So a group of directors looked at each other in shock after listening to Ni Guangnan's report. They wanted to give Ni Guangnan the money, but they didn't have the money in their hands.
"Okay, Mr. Ni has finished talking. What do you think? Tell us. What kind of communication can be achieved through eye contact alone, or have you reached the point of understanding each other?" Jiang Xiaobai knocked on the table and said.
There were wry smiles on the faces of several directors. To say that they have a good understanding of each other, they really do have a good understanding of each other. They can understand what the other party means with just one look. They don’t want to pay this money. If they pay this money, the rest of the group’s life will not be the same. It’s a question of tightness, and it’s very tight.
The key is that after the money is spent, it will not bring relative economic effects quickly, so you need to be cautious when investing.
For example, the previous investment in Huahai Automobile Factory and the acquisition of several car brands, such as Jaguar, Aston Martin, etc.
After the acquisition, you can immediately produce and make money, at least you can see real benefits, but this wafer factory is different. After this wafer factory is built, if you want to make money, although Said the market and that's good.
But this market is too high-end. If the chips produced cannot compete with foreign chips, there will be no market.
This is how taking the technical route is. It does not mean that you will be rewarded for your efforts. Only by becoming the top technology can you capture the largest market.
On the contrary, as you move forward, every step of effort and investment may not have a corresponding return.
It’s not like taking the market route. Even if you spend a lot of publicity fees to win this market, you will be rewarded immediately and can support you.
Now Hualian Computer's wafer fab does have some sales, but there are not many sales. The main chip market is still monopolized by foreign high-end wafer fabs. In this case, if you build a new wafer fab .
Since the investment is so large, it is not certain whether there will be a market after the investment is completed. This is the case with scientific research and technology projects. In many cases, individual companies simply cannot resist and can only be developed by the state.
Investment without seeking profit, and able to withstand the development of technology without return.
The first requirement of private enterprises is profit, because they need to survive.
"Director Jiang, Mr. Ni, let me express my immature opinion..." A director spoke up, but was interrupted by Jiang Xiaobai as soon as he started.
“Speak when you speak, speak when you speak, and hold immature views. This is a high-level meeting of the company, not an accountability meeting within the system. If you do this, don’t express your views if they are immature.
If you are immature, don’t sit here..."
Jiang Xiaobai's scolding voice echoed in the conference room. He had set the tone of the board of directors from the beginning, and it was determined that there would be no such meeting within the system.
The director who spoke was a little confused. He just spoke modestly, but he didn't expect Jiang Xiaobai to say it so seriously.
Suddenly, his face turned red, but he didn't dare to refute, because Jiang Xiaobai's words were already serious. Don't express your immature opinions. If you are immature, don't sit here.
This is directly aimed at his position as a director. If he says this again, he may not even be able to be a director.
Although the directors of Huaqing Holding Group do not have as many rights as directors of other companies, after all, the group is huge, and I don’t know how many people want to be directors.
Others were also shocked when they heard this, and they probably understood what Jiang Xiaobai was thinking.
The director who spoke finally nodded: "Okay Director Jiang, I understand. I was the one who said something wrong just now. Let me reiterate now that I strongly agree with the launch of this wafer fab project.
But there is a problem with the timing of launching now. My idea is, can we use the platform of the wafer fab in Xiangjiang to take our technology one step further and truly be able to produce the most advanced chips on the market and ensure that there is We will launch later when there is enough market.
In addition, this new wafer fab project can also be regarded as the group's biggest strategy in recent years, and it also allows the group to prepare. After all, such a large amount of money cannot be obtained by just spending it. "
The words of this director can be said to be very reasonable and well-founded, making it impossible to find any fault. He did not completely deny Ni Guangnan's new wafer fab project, but wanted to delay it.
Other directors also spoke one after another.
"That's what I mean. First of all, there is a technical issue. The chips we produce now are not the most advanced in the international market. Sales volume is a big problem. Of course, as Mr. Ni predicted, the next In a few years, there may be a big gap in the international market for chips.
But whether our current technology can fill this gap remains to be discussed. Of course, this is not the most important thing. The most important thing is lack of money..."
“I think this plan should be slowed down a little, at least to give the group time to react...”
(End of this chapter)
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