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Chapter 789 Ensuring Safe Cash Flow

After IDG and Jinsha River are settled, for the management team, internal troubles will be resolved!

Especially when the board of directors sent letters to Softbank, Alibaba, Sequoia China, Hillhouse Capital, Capital Today, and Hony Capital, which have not withdrawn, saying that it was the founder and chairman Zhou Buqi who took over the shares of the two investment institutions. After her own father, the speculation and worries of the investors also dissipated.

Major shareholders are full of confidence, betting on their own companies out of their own pockets, so what else is there to worry about?

At this point, the internal trouble subsided.

And that's just the beginning.

The board of directors issued three more notices, directly surprising the remaining investment institutions, as if they had won the lottery.

First, the project funds of 6 billion yuan previously assigned to Oceanwide Group for the construction of the headquarters park were transferred back to 5 billion yuan after coordination between the two parties. The remaining 1 billion will also be withdrawn within 12 months.

Second, Ziweixing reached an agreement with the city and completed a series of land replacement transactions, exchanging 260 mu of land for 375 mu of land.

Third, Ziweixing reached an agreement with Vantone Group to carry out real estate development on the 375 mu of residential land. It is expected that the pre-order payment for the first phase will be available in half a year. Through capital coordination, bank turnover and other operations, let the residential real estate project feed back the construction of the headquarters park.

The amount of information is very large!

But for some top private equity tycoons, such news is no stranger.

There are too many similar operations.

Over the years, companies across the country have acquired land at low prices under the guise of developing high technology, and then dredged up relationships to change the nature of the land and develop real estate projects.

The difference is that those companies are playing insider trading, which is tricky and non-compliant.

Ziweixing's operation is upright and upright, and has been officially certified. Even in order to avoid affecting the fairness of the market, the official even took the initiative to help cover up.

Anyone in the know understands what this means.

For example, Boss Ma.

"Amazing! Awesome! I've been guessing what kind of trick you're going to play, but I didn't expect to cooperate with the government. With the country as your backer, it's no wonder you are so courageous and launched two tens of billions of plans in a row."

"Small tricks are not worth mentioning."

"Hehe, this time, IDG and Jinshajiang feel so regretful that their guts are green."

Zhou Buqi sighed, "Oh, I'm at the front to ride the wind and waves, and some people don't even have the guts to follow behind."

Boss Ma was amused by him, "It makes you so proud."

"Okay."

"Hmph, let me tell you, the country's money is not so easy to get. The 18 million scientific and technological project support is nothing more than such a large-scale support... only state-owned enterprises have this kind of treatment."

"Isn't it? There are also private enterprises."

Boss Ma smiled coldly, "There are also private enterprises, that is, two companies. But go and find out what's going on with those two companies. I'm not scaremongering, you should be careful and take it easy."

Zhou Buqi's expression froze, "Isn't it?"

Boss Ma said: "Take precautions before they happen. A company like yours is not afraid of attracting foreign capital, and you must never attract state-owned capital. You have all the advantages to compete with foreign capital. If you compete with state-owned capital... I don't say it, but you understand it. "

Zhou Buqi was more relaxed, and said with a smile: "No, state-owned assets don't understand the Internet."

"But Ziweixing is different."

"Um."

"Have you heard about SMIC?"

"What's wrong?"

Boss Ma said: "Lack of money!"

Zhou Buqi said: "This is for sure. To be a fab...without an investment of hundreds of billions, it is impossible to play at all. SMIC will always be short of money. The national policy of sufficient supply, all kinds of subsidies are all available. In fact, wanting to promote the development of the semiconductor industry is not a matter of one day, without forty or fifty years of technology accumulation, this business is useless."

He knew about this, Boss Liu had said it many times in Taishan Club. At that time, Lenovo almost embarked on the road of the fab, that is, the famous route dispute.

At that time, Lenovo had US$5.5 million in its account, and Mr. Liu meant that the money was used to expand overseas markets, sell Lenovo products overseas, and expand the market. Academician Ni meant that the money was used to build a fab and make semiconductor chips.

Boss Ma's tone suddenly became serious, "You really don't know about SMIC?"

"No attention."

"Depend on!"

"What are you talking about?"

Boss Ma said: "Those are a few semiconductor experts from Baodao. They came from TSMC and invested in domestic fabs..."

Zhou Buqi smiled and said: "This is not common sense, then I must know, the country has supported tens of billions through various channels, right? It must be more than Ziweixing."

"Ten billion or two billion is not enough. SMIC has no money, cash flow is broken, chip technology is poor, cost is high, and orders have not yet been obtained. They are looking for investment everywhere."

"Definitely."

"But the funds were not found."

Zhou Buqi was also very helpless, "There is no way, this business is too expensive. Tens of billions have been invested, but the technological achievements produced are not as good as those of the United States in the 1980s. It is two or three generations behind. It is normal for investors to have no confidence. However, The semiconductor industry is the technological soul of the country, and it must be developed! Well, how about Ali and Ziweixing each contributing 1 billion to help?"

Boss Ma almost died of anger, "Don't set me up! Ali has no money!"

"Old Ma, what about your entrepreneurial spirit? SMIC is the only reliable fab in China, and the others are either liars or fakes. If SMIC goes down, the domestic technology industry will really collapse."

"Do you think you can invest this money if you want?"

"Huh? What do you mean?"

Zhou Buqi was slightly taken aback.

Boss Ma said in a complicated tone: "The founders of SMIC came from Taiwan. In order to promote the development of the semiconductor industry, our country has paid tens of billions to SMIC."

"Well……"

Zhou Buqi slowly realized the deep meaning of what Lao Ma said.

Our country's money is given to outsiders in such a generous way... Is this okay? Some leaders have approved large-scale subsidies for the development of science and technology, but some leaders will firmly oppose it.

The center core is in the crevice.

There is a big drama behind this.

No wonder Lao Ma made such a statement just now, asking him to take it easy, although the money is good...but don't take it too hastily. Even if you want to take it, you have to take it little by little in batches. One point at a time, like squeezing toothpaste, the amount involved is relatively small, and there are fewer differences in decision-making behind it.

Boss Ma said: "Datang wants to become the master of SMIC."

"Datang."

"Yes, Datang intends to become the owner of SMIC and become the largest shareholder. Datang's attitude is very firm. Who else would dare to snatch it? You see, the final result is that SMIC will fall to Datang in all likelihood. in his arms."

"I go!"

Zhou Buqi was stunned, and a layer of cold sweat broke out on his forehead.

Datang is a state-owned enterprise and represents the country.

Datang has become the owner of SMIC, and it is the largest shareholder and represents the country. It will definitely get the corresponding control and have huge influence. Then, SMIC is a semi-state-owned enterprise.

With this level of nature, the country will provide corresponding support and subsidies to SMIC, and it will go much smoother, promoting the development of the domestic semiconductor industry.

But here is the most important issue - control.

Those entrepreneurs who have worked so hard to come back from Taiwan and the United States have the control and leadership of SMIC at the beginning. After Datang came to power, the control rights will basically be deprived.

In the previous life, Datang joined SMIC in 2008, and then there was a wave of resignations. The founder left and the old team fell apart. Datang took advantage of its own background and status as a major shareholder to play a game of power. After a lot of tossing, it finally stabilized the company's situation.

Seeing the long silence on the other end of the phone, Boss Ma knew that the boy had understood what he meant, and said with a smile, "How is it? Have you reacted?"

Zhou Buqi took a deep breath, "You still have a lot of experience! I want to learn from you!"

Boss Ma said: "What you just said is right. State-owned assets don't understand the Internet. Ziwei Star is in your hands. I believe it will develop very well in the future, and it may be even more successful than Ali. Once you lose control, don't Not to mention, Ali will definitely quit."

Zhou Buqi pondered for a moment, then slowly said: "No, you have already vaccinated me, and I don't count, that would be too stupid."

Boss Ma pointed out with good intentions: "You are a pure Chinese. In this respect, you have an advantage. However, I also remind you that some money is too expensive. Do you think Huawei is a private enterprise or a state-owned enterprise? This is very complicated. If you need financing, I suggest that you choose foreign capital, which is safe, safe, and controllable. You can play whatever you want to fight against foreign capital, as long as it is legal and compliant, any kind of dirty trick will do.”

Zhou Buqi took a few deep breaths, "I see."

"The more important point is to ensure a safe cash flow! I read the board records, and it says that Ziweixing's debt is nearly 2 billion?"

"Well, they're all building buildings."

"To control financial risks, once the company is really short of money, it will be troublesome. Don't be afraid of having more money in the account, the more the better, the safer."

Zhou Buqi said: "Well, at the end of the year, Ziwei Star will start the B round of financing, and then we will raise more money. You are right, the cash flow problem is really important. If there is a cash flow crisis like SMIC, the bank will remind you , and venture capital institutions can't count on it, then they are really at the mercy of others."

"It's good that you understand that you need to control cash flow. This is so important! Many excellent companies have gone bankrupt directly because of a break in cash flow, or the founders have been eliminated. It's a pity."

Boss Ma's earnest advice was actually telling Zhou Buqi cryptically, please don't spend money recklessly and keep it.

Zhou Buqi smiled and said: "I know, I will never spend money that shouldn't be spent. What you said is very reasonable. Well... By the way, I want to order a business-type private jet after a while. If someone else has Opinion, you have to support me."

"Fuck! Fuck!"

Boss Ma slapped his forehead and almost fainted.

This bastard boy!

Brainwashed him for nothing!

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