Among the 25 academic masters of the "Silicon Valley Doctoral Order to Study in the United States", 21 of them plan to return to China to start a business within half a year.

Before leaving Beijing, Song Weiyang went to their party specifically. He found that these people were short of money and not lacking money. What they lacked was millions of dollars, and hundreds of thousands of dollars of investment were not favored. Although the average age of these 25 people was less than 30 years old, their personal assets were above 500,000 US dollars!

At the end of a party, Song Weiyang contacted everyone and was only interested in Deng Zhonghan and his partners' projects.

After graduating from the University of Science and Technology of China, this person went to the United States to study. In five years, he received three master's degrees in physics, electronic engineering and economics. He became the first person to have a science degree in science, engineering and business for more than 100 years since the founding of the University of California.

Before he graduated from his master's degree, Deng Zhonghan joined IBM as a senior researcher and won the "IBM Invention and Creation Award". He only worked at IBM for more than half a year, and then went to Silicon Valley to start his own business. His business scope is to develop high-end digital imaging semiconductor sensors for high-end applications such as monitoring, satellites, and outer space exploration.

Now, Deng Zhonghan has decided to step down as chairman of an American company (a few years later, the company's market value reached US$150 million), and has brought his team back to China to establish "Zhongxingwei".

"How much money do you have now?" Song Weiyang asked directly.

Deng Zhonghan smiled and said, "The Ministry of Information Industry has invested 10 million yuan."

"This little money is enough to make chips?" Song Weiyang said.

"It's barely enough, we only make multimedia chips," said Deng Zhonghan.

Song Weiyang asked again: "Is private investment allowed?"

Deng Zhonghan held his glasses and nodded, "Yes, but the Ministry of Information Technology requires absolute control. If Boss Song wants to invest, he may not get much equity, because my team also needs 35% of the technology investment."

Song Weiyang said: "How do you distribute equity now?"

Deng Zhonghan said: "The Ministry of Information Industry directly invested 10 million yuan and provided policy support, accounting for 65% of the shares; my team owned a number of patents and was responsible for management, research and development and operation, accounting for 35% of the shares."

"If I also invested 10 million yuan, how many shares would I get?" Song Weiyang said.

Deng Zhonghan smiled and said, "You have to ask the officials of the Ministry of Information Technology. I can't make the decision, but of course I hope there will be more start-up capital."

Song Weiyang's mind changed and suddenly came up with an excellent idea.

In the past few months, Shenzhou Technology Company has been severely suppressed by the Ministry of Information Industry. Xiaolingtong's business development in provincial capitals has stagnated. Why not take the opportunity to turn the Ministry of Information Industry into its own?

The Ministry of Information Industry has always had its own "small treasury", called the "National Electronic Information Industry Development Fund". It is also the fund that invests in "Zhongxingwei". Moreover, this fund is directly managed by the Ministry of Information Industry, and at this time, there has not yet been a special venture capital company for stewardship.

With the recommendation of the telecommunications leaders, Song Weiyang successfully found a leader of the Ministry of Information and Industry, and the two sides quickly reached a transaction cooperation.

The Ministry of Information Industry Electronic Information Development Fund invested 20 million yuan and obtained 3% of the shares of Shenzhou Technology Company. Shenzhou Technology Company invested 30 million yuan and obtained 14% of the shares of Zhongxing Microelectronics.

What does this deal mean?

This means that the Ministry of Information Technology obtained the shares worth hundreds of millions of yuan worth of Shenzhou Technology without paying a penny, which was completely equivalent to picking up money on the ground. At the same time, Zhongweixing, which was highly anticipated by the Ministry of Information Technology, also added 10 million yuan of start-up capital, while the Ministry of Information Technology only gave up 14% of the shares and still absolutely controlled Zhongwei.

What about Shenzhou Technology? In essence, it only took out 10 million yuan to obtain 14% of Zhongxingwei's equity and gave it to the company's shares worth more than 100 million yuan.

It seems that Shenzhou Technology is suffering a loss, but in fact everyone is happy.

In the future, the Ministry of Information Industry will become its own member of Shenzhou Technology. Xiaolingtong will open new businesses in several big cities, and the little money can be easily earned back, and it will also avoid policy risks in the next ten years.

Zhongxing Microelectronics, which is 14% stake in Shenzhou Technology, also has a bright future. In just six years, the multimedia chips designed by Zhongxing Micro will be able to occupy more than 60% of the global market share, which is definitely an undisputed industry overlord. If it weren't for the rise of smartphones later and Zhongxing Micro's development strategy was deviated, I'm afraid the company's size would be terrifying.

Song Weiyang can completely take advantage of the several privatization reforms of Zhongxingwei, and it will not be difficult to become a major shareholder in the next decade. He also has the foresight of time travelers, guiding Zhongxingwei to focus on the smartphone market and let most mobile phone brands use Zhongxingwei's image chips.

"Old Shen, let's start doing it." Song Weiyang said with a smile on the phone.

Shen Fuxing also breathed a sigh of relief and sighed: "I finally don't have to be afraid that Xiao Lingtong will be banned in the future. There must be someone above."

Song Weiyang said: "Now there are no worries. Can Xiaolingtong's revenue increase by more than 50% next year?"

Shen Fuxing laughed: "As long as the Ministry of Information Industry turns a blind eye, I have the confidence to increase Xiao Lingtong's revenue by 100% next year."

...

Linzhou, on the banks of Xizi Lake, Ma Xiaoyun's home.

This is also the address of Alibaba's company. Cai Chongxin has given up his annual salary of US$700,000 and came to Ma Xiaoyun to get a monthly salary of RMB 500.

When Cai Chongxin first joined the company, Ma Xiaoyun didn't even register his company because Alibaba's domain name was registered by Canadians. Before getting the domain name, Ma Xiaoyun could not confirm the company name, so he just kept dragging it on. With his industry popularity alone, he attracted hundreds of corporate customers - at this time, the website was not even opened, and Song Weiyang's investment was just a handwritten agreement.

When Cai Chongxin understood the situation, he was immediately confused and his three views were refreshed. He hurriedly went to help Ma Xiaoyun register a company, and then blew the electric fan. He sweated every night to teach the Eighteen Arhats, talked about shares and rights, and took out more than ten English contracts that conformed to international practices, asked Ma Xiaoyun and his employees to sign and seal, and also signed a copy with Song Weiyang.

In just a few months, Alibaba has more than 41,000 members.

This is not more than 40,000 netizens, but more than 40,000 companies and buyers. Sogou searches only have so many advertisers!

There are millions of small businesses in China. In the context of export setbacks and domestic economic downturn, they have severe inventory backlogs and no way out at all. Many small foreign buyers lack channels to buy Chinese goods, so Alibaba just built a platform for them.

On this day, Cai Chongxin came back from the United States and said to Ma Xiaoyun: "I have negotiated a financing plan. Goldman Sachs, Fidelity, Ab and other companies have agreed to jointly raise $5 million."

"You didn't go to find Lao Song?" Ma Xiaoyun asked.

"Is Song Weiyang?" Cai Chongxin said.

Ma Xiaoyun nodded and said, "Yes, I promised him to give priority to financing."

Cai Chongxin explained: "Boss, Alibaba's financing is not only a shortage of money, but also a goal of obtaining more resources. Now our main market is in Europe and the United States, while Taurus Capital only has influence in China and cannot give us more help."

"But I have promised Song Weiyang a long time ago that I can't keep my word." Ma Xiaoyun said.

Cai Chongxin frowned and said, "Then I will give Taurus Capital a financing amount of US$500,000."

Ma Xiaoyun said: "It's too little. He can just throw as much as he wants, just treat it as he returns his favor."

"Okay, you are the boss, you have the final say." Cai Chongxin had a headache. He was doing business and did not like this kind of relationship.

Alibaba is really not short of money. Although the company's funds are almost over, many institutions are rushing to invest. Ma Xiaoyun has rejected 38 investors before.

Let me put it this way, if you travel back to 1999, you won 100 million in lottery, and you want to invest in Alibaba. But I’m sorry, Ma Xiaoyun and Cai Chongxin won’t want you a penny. They only accept those big companies that can bring resources.

Historically, Alibaba launched its second round of financing in just two months after the first round of financing. This financing was not just to make money, but to open up the Japanese benzene market and obtain SoftBank's commercial resources, and specially hired Masayoshi Son as Alibaba's chief consultant.

Cai Chongxin immediately set off and flew to see Song Weiyang who had just returned to Shenghai, and said straight to the point: "Mr. Song, Alibaba is launching the second round of financing. Goldman Sachs and other institutions are expected to invest 5 million US dollars. How much are you willing to invest?"

"It's 10 million." Song Weiyang smiled.

"USD?" Cai Chongxin said in surprise.

"Of course." Song Weiyang said.

Song Weiyang used to own 10% of Alibaba's shares, and now he spent another 10 million US dollars. This company can be said to be surnamed Song.
Chapter completed!