Will self-production of 28nm chips be achieved in the second half of next year? Will this cause a blockade?
Wang Yi is not worried.
After all, in the second half of next year, TSMC's 20nm SOC chips will begin trial production, and 16nm is also under development.
Xingyi Semiconductor is still half a generation behind, and the other party will not jump to the wall in a hurry.
Once you completely surpass it, you will jump over the wall in a hurry.
Wang Yi knew the opponent's tactics very well.
And when the time comes, Wang Yi can also adopt Huawei's strategy of only disclosing chip performance but not the chip manufacturing process.
Even if it is produced in-house, other manufacturers will think that the 28-nanometer Kunpeng 906 SOC is a 40-nanometer process, but it is ridiculously strong.
The most important thing about a chip is its performance and power consumption, or actual experience, how many nanometer processes, etc. are just one of the many core dimensions.
The emergence of Qualcomm and the assistance of Rebus have made chips a craftsmanship.
In fact, performance is the core.
For example, the 40nm Kunpeng 702 still defeated the 28nm Qualcomm APQ 8064!
What Wang Yi wants to do is to gradually return the chip to its performance essence and forget about the manufacturing process.
Let the mobile phone gradually return to the actual experience and forget about the parameters.
I have never lost when comparing parameters, and I have never won when comparing experience. Isn’t that a joke?
In the afternoon, Wang Yi met Mr. Zhou: "Thank you Mr. Zhou, the smooth acquisition of SMIC's Magic City wafer fab this time was all thanks to Mr. Zhou's mediation."
"Dr. Wang is so polite. The city has always welcomed high-quality companies, and such an outstanding entrepreneur as Mr. Wang is the most welcome."
Mr. Zhou said with a smile: "If Mr. Zhao hadn't been too careful, I would have hired Xingyi Technology! Haha."
"Thank you, Mr. Zhou, for your love. Xingyi Technology will increase its investment in Magic City."
"That's very good." Mr. Zhou raised his eyebrows happily, and Wang Yi said, it was not in vain that he put pressure on SMIC for Xingyi Technology, and then the conversation changed:
"However, the 12-inch wafer fab in Shanghai is really small, with a monthly production capacity of only 25,000 wafers. In the long run, it cannot keep up with the development of Xingyi Semiconductor."
Having said this, Mr. Zhou paused and saw that Wang Yi was very interested and continued:
"But this fab was developed early, and there is no space around it if we want to expand it again. Therefore, the city plans to give you a larger piece of land to build you a large fab with a monthly production capacity of 100,000 wafers, but the equipment
You have to handle it yourself."
Build another large-scale 100,000-wafer fab and give away infrastructure and land for free!
This treatment is exactly the same as the Imperial Capital’s strategy.
After all, the imperial capital has given such a huge discount, and it would be unjustifiable if the magical capital did not give it.
Of course, it's exactly the same appetite.
Naturally, Wang Yi would not refuse this.
The land alone is 4 billion. Even if the land given away has a premium, the actual value is still 3 billion.
Another 6 billion is needed for infrastructure, which is equivalent to the city’s investment of 9 billion. Even if the city does not need to pay for the land, it still has to spend 6 billion in infrastructure fees.
Xingyi Semiconductor will have to invest another 30 billion in the future to introduce equipment and production lines.
For Shanghai, 6 billion+ land, in exchange for 30 billion investment, is still a high-end wafer factory, which is completely cost-effective.
For Wang Yi, the wafer fab is not enough, and it will have to be expanded sooner or later. The city is giving away infrastructure and land, and there is no reason to refuse!
What's more, if Xingyi Technology wants to develop greatly, it cannot avoid a national financial center like Shanghai.
"Thank you, Mr. Zhou. In this way, we will invest 30 billion to build the second Magic City wafer fab into a 28nm process wafer fab!"
"28nm process!" Mr. Zhou was startled: "Can you do it too?"
"It's already under research and development, and we hope to have it completed within two years."
"Okay, very good, great!" Mr. Zhou said with joy.
What an unexpected surprise!
In the Mainland, 40 nanometer logic chips are considered super advanced, but 28 nanometers are simply awesome!
"Director Wang, that's awesome, Xingyi Technology is so awesome, awesome." Mr. Zhou was so excited that he was a little incoherent:
"The people below are ignorant and don't pay enough attention to the Xingyi Automobile project you mentioned earlier. They are short-sighted and cannot see the future of Xingyi Automobile and the strength of Xingyi Technology!"
"I scolded them and made a new plan!"
"Director Wang, please take a look!"
With that said, Mr. Zhou took out a cooperation agreement and handed it over.
Wang Yi took the investment plan and read it carefully, and was immediately shocked.
If the previous price offered by Modu was only a third-rate treatment, then this one is a super first-rate treatment.
The first is land. 1,500 acres of industrial land was directly planned in Lingang, worth 3.5 billion, and was provided to Wang Yi free of charge.
Next is the qualification for new energy vehicle manufacturing. As long as Xingyi Automobile meets the basic conditions, Modu will immediately grant the qualification.
In addition, a five-year zero-interest loan of RMB 20 billion can also be approved.
Tax preferential policies are also fully arranged.
Seeing these conditions, Wang Yi was completely moved.
This treatment is even better than the treatment given to Tesla in Shanghai in 2018.
The land given to Tesla in Shanghai was only 1,297 acres, with a market value of 9.8 billion. Tesla spent 980 million to acquire it, which is equivalent to giving away 8.82 billion for nothing.
and 40 billion in low-interest loans with an interest rate of 3.9%.
The industrial land given to Xingyi Automobile is 1,500 acres!
Just give it away for free, not even a 10% discount.
There is also a five-year loan of 20 billion, which is directly zero interest, not even interest.
Although 20 billion does not seem as much as the 40 billion loan to Tesla, the current 20 billion is completely different from the 20 billion six years later, and is even more valuable than the 40 billion six years later.
For example, one acre of industrial land in Shanghai currently costs more than 2 million per acre, but six years later it will cost more than 7 million per acre!
Of course, for large projects such as wafer factories and automobile factories, with subsequent investment of tens of billions, the land is basically priced at a discount of 10% off, or even given free of charge.
If there were no land concessions, who would invest tens of billions?
And the preferential treatment given to Wang Yi by the Magic City was immediately fulfilled.
1,500 acres of industrial land, free of charge!
20 billion five-year loan, zero interest!
It is completely possible to build the entire Xingyi Automobile Super Factory.
Even the most difficult car-making qualifications are given directly by Modu as long as they meet the basic conditions.
What else can Wang Yi say?
There is nothing more to say!
It's really spot on.
Of course, like the Tesla factory, the Xingyi Automobile factory also has a betting agreement:
First, the 20 billion interest-free loan is specially earmarked and can only be used for the Xingyi Automobile project in Shanghai.
Second, before the end of 2015, Xingyi Automobile will be successfully developed and mass-produced in 2016.
Third, starting from 2019, the annual tax payment will exceed 500 million!
If it cannot be completed, Xingyi Technology will need to pay in full for the 1,500 acres of industrial land worth 3.5 billion.
The first earmark is earmarked, so there is no problem with it. After all, it is a zero-interest loan subsidized by the city and cannot be spent on other projects.
The second time limit is no problem either.
If mass production cannot be achieved in three or four years, Wang Yi will want to find a stone to hit the head of the automobile department to death without any urging.
As for the third article, starting from 2019, which is the fourth year after mass production, the annual tax payment will exceed 500 million!
At present, this quota is very high, very high, and even difficult to achieve.
After all, there are very few new energy vehicles these days, and they are far less powerful than they would be many years later.
If we continue to develop at this pace, it will be extremely difficult to pay more than 500 million in taxes every year.
But Wang Yike knows how fast new energy will develop in the future, especially after ten years, the sales of new energy will exceed that of fuel vehicles!
Therefore, the annual tax amount of 500 million seems difficult now, but it will be a piece of cake seven years later.
Of course, on the surface, Wang Yi looked embarrassed:
"Mr. Zhou, everything else is fine. But as you know, everyone is not optimistic about new energy vehicles. In addition, BYD's spontaneous combustion death incident has caused a more serious backlash. Now consumers are somewhat resistant to new energy vehicles. In 2019
In the beginning, it was a bit difficult for a new enterprise to pay 500 million yuan in taxes every year."
"This..." Mr. Zhou nodded: "What you said makes sense. After all, new energy is a brand new track. It is indeed difficult for a new company to achieve such high sales. So what do you think is appropriate?"
Wang Yi thought for a while: "If the tax limit is not changed, it will be 500 million per year, and the loan limit will be increased by 10 billion. Then I will develop several more models. If the sales of one model are not enough, then I will make up more models."
There may be hope of reaching a taxable limit of 500 million!"
“One model is not enough, come with multiple models!”
Mr. Zhou smiled: "Okay, then as you said, 30 billion interest-free loans, and the tax payment will exceed 500 million starting in 2019."
"No problem." Wang Yi readily agreed.
It's time to complain. No, we got another 10 billion interest-free loans.
Of course, there is a reason why Modu approved such a high interest-free loan to Xingyi Technology.
After all, Xingyi Technology has invested in building a wafer fab in the Imperial Capital and another in the Magic City, both of which are very large wafer fabs with a monthly output of 100,000 wafers.
The two projects combined will require an investment of 60 to 70 billion.
Including the second and third phases of the expansion of the Shendu Wafer Factory No. 1, it will also cost 20 billion.
Adding everything up, Wang Yi will spend 80 to 90 billion in the next two years.
Xingyi Technology Co., Ltd. cannot sustain its huge business, and may have to borrow a large amount of money.
Xingyi Automobile does not provide interest-free loans, so Wang Yi has no money to finance it.
The city can only grant interest-free loans.
As for not getting there yet?
That's not a problem either.
I can run away from the monk, but I can't run away from the temple!
Once there is a problem with the project, Modu will immediately freeze the Xingyi Automobile Factory and then package it and transfer it to other companies to offset part of the loan and land costs.
Xingyi Technology must continue to repay the remaining part.
The 30 billion loans are also earmarked for special use, and the city is not worried about unfinished loans at all.
And once Xingyi Auto becomes bigger, the tax revenue, GDP, employment, etc. it will create for the city will be immeasurable.
And with this wave of support from Modu, the Xingyi Automobile project has become very easy.
At least 30 billion in interest-free loans are enough to fund the entire project from scratch, from research and development to mass production!
Wang Yi suddenly lost a big burden and no longer had to worry about making money for Xingyi Automobile!
It can be said that this is a win-win strategic cooperation.
"Director Wang, if you think there is no problem, then we can sign the contract directly?"
Zhou Lao laughed and said, obviously he had been prepared for it.
Wang Yi was speechless: "It is better to obey orders than to be respectful."
Soon, the two parties completed the signing.
A 12-inch large-scale wafer fab with a monthly output of 100,000 wafers, and a 1,500-acre Xingyi Automobile Super Factory!
Two projects, all signed.
Coupled with the acquisition of SMIC's Magic City wafer fab, Wang Yi has already signed three major projects during this trip to Magic City!
It can be said to be a fruitful harvest!
However, just when Wang Yi thought everything was settled, Mr. Zhou took out a new contract:
"Director Wang, since Xingyi Automobile and Xingyi Wafer Factory have come to Shanghai, does Xingyi Technology still lack a Shanghai headquarters?"
Wang Yi: "..."
What can be said?
All I can say is: "Yes, it is indeed necessary."
Mr. Zhou handed over the contract: "In the Lujiazui area, we will build a 300-acre industrial park for you, which will serve as your Magic City headquarters."
Wang Yi took the contract and read it carefully.
The scale is about the same as Xiaomi's Imperial Capital headquarters in its previous life. Since it is an industrial land with low density, only eight office buildings are planned, which can accommodate 20,000 people.
Although it is also an industrial land, the location is great.
For example, the SMIC Magic City wafer fab acquired by Wang Yi will be the future Xingyi M1 wafer fab.
As the number of fabs increased, Wang Yi renamed them all.
The Xingyi wafer fab in Imperial Capital is named Xingyi B1 wafer fab. The newly built second wafer fab in Imperial Capital is named Xingyi B2 wafer fab.
The same is true here in Magic City. The SMIC wafer fab acquired is named Xingyi M1 wafer fab. The second wafer fab in Magic City that has just been signed is named Xingyi M2 wafer fab.
The subsequent Shenzhen wafer fab will be named Xingyi S1 wafer fab...
So clear at a glance.
Xingyi M1 wafer fab is located in Central, Zhangjiang Hi-Tech Park, which is a good place.
The new wafer factory planned for Xingyi Technology is located outside the outer ring!
Similarly, Xingyi Automobile Super Factory is also outside the outer ring!
The Xingyi Technology Magic City Industrial Park is different. As the Magic City headquarters of Xingyi Technology, it is directly located in Lujiazui, a prime location in the inner ring!
Therefore, for the same industrial land and industrial park, the inner ring is several times more expensive than the outer ring!
Just 300 acres of industrial park costs 1.5 billion, which is equivalent to the 600 acres outside the outer ring!
However, according to the contract, the 1.5 billion land will be given away for free.
The only requirement is that Xingyi Technology’s Magic City Industrial Park will be completed and put into use within three years, and it cannot be sold to outsiders for 20 years.
The reason why there are no other requirements is naturally because the location is so good.
For any enterprise, if it is built and cannot be sold, it will be put into use immediately!
After all, it would cost two to three billion to build, and it is in such a good location that no one would want to leave it idle.
Wang Yi looked at Mr. Zhou: "Xingyi Technology's headquarters is located in Magic City, so there is no problem. But we also have Xingyi Real Estate, and we hope to get a piece of land near Xingyi Technology. Of course, the land price will be whatever it is.
, no discount required.”
Mr. Zhou understood what Wang Yi meant. Xingyi Real Estate was preparing to leave Lu Province.
Previously, Xingyi Real Estate acquired land in Jeju and Daocheng.
Settling in an industrial park, acquiring land nearby and building commercial housing.
This strategy can be said to be the best policy.
Everyone knows that once the Xingyi Industrial Park is launched, the surrounding housing prices will inevitably rise sharply. In order not to let the land go to outsiders, Wang Yi will also take the land himself.
As for the Xingyi M2 wafer factory and Xingyi Automobile Super Factory projects, Wang Yi did not take the land simply because the location is too bad, both are outside the outer ring...
Surrounded by factories, no one wants to buy a house except nearby workers.
And workers nearby can't afford these houses.
But Xingyi Industrial Park is different. It is located in Lujiazui, where every inch of land is very valuable.
As the headquarters of the Magic City, the people working in Xingyi Industrial Park are also senior executives and elites of Xingyi Technology, with annual salaries starting at hundreds of thousands or hundreds of thousands, or even millions.
Surrounded by other financial giants, technology giants, the headquarters and branches of Fortune 500 companies, there are many wealthy people.
A good place like this is worthy of Wang Yi's investment.
Moreover, Wang Yi's attitude is very clear. There is no need for preferential treatment for residential land, just as much land as needed. The implication is that more batches will be enough.
After all, the price you get now is the lowest price.
If the bidding process is followed according to the normal process, the current floor price of the non-riverside prime land in Lujiazui starts at 25,000 square meters for residential land, and major developers can grab 30,000 square meters.
If we learn that Xingyi Technology is going to build a headquarters nearby, and everyone knows that Xingyi Technology employees have high incomes and good development, then the floor price will be no more than 30,000, and they will have to go straight to more than 35,000.
If Wang Yi wants to win it, he has to spend 40,000 yuan to bid for it!
The starting price was 25,000 yuan per square meter, and when the price was 40,000 yuan, Wang Yi burst into tears.
But if it is acquired directly together with Xingyi Industrial Park, the floor price can be obtained at the lowest price of 25,000 yuan per square meter, and the future profits will be high.
Even if it is not a top-notch plot of land along the Huangpu River, it can still be sold for 100,000 per square meter in five or six years.
300% profit is no problem.
As for why not take overland plots along the Huangpu River?
First, the cost is high. As early as six years ago, the floor price of top-class land plots was more than 20,000 yuan. Now it is not even 70,000 to 80,000 yuan per square meter.
Secondly, for such a good location, everything that could be sold has been sold long ago, leaving no land at all.
Even if you occasionally get a piece, it will be sold at a sky-high price.
Even if you get it for 890,000 yuan per square meter and sell it for 160,000 to 70,000 yuan per square meter, the profit margin will be less than 200%.
It's better to settle for the next best thing and choose a place near the headquarters of Xingyi Technology Magic City.
Although it is some distance away from the Huangpu River, the land price is lower and the price-performance ratio is higher.
Coupled with the blessing of Xingyi Technology Magic City Headquarters, it can be made into a luxury flat-floor smart residence that can still be sold for 100,000+.
Mr. Zhou put down his tea cup: "Director Wang, I know you want to get land, and Xingyi Real Estate is also welcome in Shanghai. In this way, there are four pieces of land near Xingyi Science and Technology Park."
With that said, Mr. Zhou took out a stack of information and handed it to Wang Yi: "Here on the west side, here. And here on the east side, here. You choose."
Wang Yi looked at it carefully.
The four plots of land are all in good locations, especially the two buildings on the west side. Although they are a short distance from the Huangpu River, they are planned to be high-rise, and the Huangpu River can also be seen from the high floors.
In addition, it is a short distance from the river, so the climate is more suitable and more suitable for living.
However, the price is also higher. The floor price is 34,000 square meters per square meter. The two plots of land together have a construction area of ​​500,000 square meters, which requires 17 billion to acquire.
The two plots of land on the east side are cheaper, with a floor price of 25,000 square meters per square meter, and a total construction area of ​​400,000 square meters, which requires 10 billion to acquire.
Wang Yi knew very well that even if two plots of land were priced at 25,000 per square meter, if they were put up for auction, they would still fetch more than 30,000 per square meter.
As for the two pieces of land on the west side, they can be sold for a floor price of 45,000 per square meter.
The transaction price will be 20%-30% premium.
No way, the location is too good.
After it is completed, it will not be a problem to sell it for 70,000 to 80,000 yuan per square meter.
Seeing Wang Yi staring at the two pieces of land on the west side, Mr. Zhou smiled and said, "I knew you were eyeing the land on the west side."
"Let's do this. I'll give you both pieces of land."
Mr. Zhou waved his hand very generously.
Wang Yi changed the topic: "Mr. Zhou, to be honest, I am also optimistic about the east side."
Mr. Zhou's mouth twitched: "..."
"You kid, you got a bargain and you still act like a good boy? I'm generous enough to give you two bucks from the west side."
Wang Yi also knew that everything would be difficult, but it was not impossible to discuss:
"Let's see, Mr. Zhou, there is no need to give away the land for the headquarters of Xingyi Technology Magic City. We will buy it with our own money. These four pieces of residential land will be sold to me!"
Wang Yi calculated clearly that the total price of the 300 acres of industrial land for the Xingyi Technology Magic City headquarters is only 1.5 billion.
The two pieces of land on the west side are worth 10 billion. If you participate in the bidding, even if the premium is 20%, it will cost 2 billion more.
1.5 billion for 2 billion is a good deal.
More importantly, the 20% premium is based on the current price.
If it is based on the price many years later, it will not be 20%, maybe 200%, or even 300%!
Wang Yi knows how terrifying Lujiazui's potential is in the future.
"This..." Mr. Zhou thought for a while and realized that a 20% premium would be 2 billion.
There is not much difference between 1.5 billion and 2 billion, so he simply said: "That's okay!"
"I'll give you five pieces of land, four for residential use and one for industrial use, a total of 28.5 billion!"
"But there is a condition. You must locate the Xingyi Financial Headquarters in the Magic City!"
"No problem!" Wang Yi readily agreed.
Shanghai is the financial center of the country, and it will not be a problem for Xingyi Financial to move there.
The bottom layer of Changchao Payment is Xingyi Finance.
Maybe you can even get an Internet banking license.
However, this matter has not yet been officially announced, and Wang Yi cannot say anything. He can only move Xingyi Financial here as soon as possible and wait for Mr. Zhou to take the initiative to speak!
What Wang Yi has to do is to prepare as soon as possible.
"Mr. Zhou, it will take two years at the earliest to build the Xingyi headquarters in Magic City. To show my sincerity, I will first rent or buy an office building in Lujiazui to use as the Magic City headquarters and move Xingyi Finance here." Wang
Yixiao said.
"Come on, Mr. Wang!" Mr. Zhou said with joy, this kid is on the right track.
It’s not in vain to give you so much land at a low price!
Local governments like this kind of enterprise that is vigorous and resolute, invests when it is told to invest, and moves in when it is told to move in.
"But Changchao Payment has to be in the Imperial Capital. After all, the payment license is given by the Imperial Capital." Wang Yi changed the subject.
Mr. Zhou nodded: "This is what it should be."
Of course, the Imperial Capital would be a little unhappy when Xingyi Financial moved to the Magic City.
But it's okay. Wang Yi once again invested in a large packaging and testing factory in the imperial capital, so the imperial capital won't say anything.
The main purpose is to get even rain and dew.
For a moment, Wang Yi felt like a scumbag.
From now on, the imperial capital headquarters will focus on technology, and the magic capital headquarters will focus on finance.
The next day, Wang Yi came to Mr. Zhou again and signed an agreement for five pieces of land.
At this point, Xingyi Real Estate has officially entered the Magic City!
Once you sell it, you get five pieces of land!
Among them, four pieces of residential land total 600 acres, with a floor area ratio of 2.3, a construction area of ​​900,000 square meters, and a total land price of 27 billion.
There is also a 300-acre industrial land, which is as big as two residential areas and costs 1.5 billion.
As for how to get the money?
Of course, you need to buy it first, then mortgage it and get a loan.
The headquarters of the Magic City will be built as soon as possible, while the four blocks of residential buildings will not be built for the time being. They will wait until 2016 to build again, start selling in 2017, and all will be sold out in 2018!
All smart home luxury flat floors!
But the price at that time will be sky-high!
Chapter completed!