The settlement of SMIC in Pujiang for two thousand years marks the beginning of the world's chip industry chain to China. As of 2008, Pujiang's cumulative investment in the chip integrated manufacturing industry had exceeded US$12 billion, but it is mainly foundry. Compared with international advanced chip foundries, there is a technical difference between the second and third generations, and can only engage in the low-profit medium and low-end products with the lowest profit margins. In addition, the technology of chip integrated manufacturing is extremely fast, which makes it difficult for the nine chip integrated manufacturing companies that have invested in and built factories in Pujiang to make profits so far.

At the same time, because the technology of chip integrated manufacturing is very fast, domestic chip integrated manufacturing companies that have started operations must constantly update their technologies and build new factories with higher technical content so as not to waste their previous huge investments.

As one of the first echelon members of the domestic chip integrated manufacturing industry, Huajing Group has invested more than 10 billion yuan since its establishment in 1998. It has built two eight-inch wafer factories in Pujiang and Beijing. Its technical level is second only to SMIC in China. In addition to silicon wafer production, it has accumulated considerable foundation in chip packaging and testing and integrated circuit design.

Huajing Group is currently mainly relying on financial subsidies from the state and local governments, barely maintaining small profit operations, and is on the verge of losing money if you are not careful. But even so, Huajing Group is still actively preparing to build a new generation of advanced wafer factories with 65-nanometer manufacturing.

With the development of the electronic information industry, the domestic market demand for chips will only continue to expand, and Huajing Group also needs to accumulate and expand continuously to narrow the gap in technology and cost with international advanced chip integration manufacturers.

At first, Huajing Group found Dashang Capital first, hoping that Dashang Capital could invest in the construction of a new wafer factory. However, at that time, Dashang Capital mainly focused on high-tech industrial projects investing in the construction of factories in Shangdu and Qingquan. Shangdu and Qingquan were not the ideal construction site for Huajing Group's new factory. The two sides had contacted each other several times, but they had not reached an agreement.

After the Jiahu Guanlan Industrial Town project was launched, the rhythms of Dashang Capital and Huajing Group became consistent.

Jiahu is adjacent to Pujiang, and there are quite a few advanced home appliances at home and abroad. Consumer electronics manufacturing companies settled in Jiahu, and there are huge demands for chips, talent gathering and local policy support, all of which have great advantages, but the final difficulty still falls on the preparation of funds.

In accordance with the requirements of the state, the investment of wafer fabs can be reduced to 40%, and other funds can be borrowed through bank loans. Moreover, the state and Jiahu Municipal Government will reduce the interest rate by up to 2.5 points in total. However, even so, Huajing Group, which has not made any profits in recent years, does not have the ability to provide 2.4 billion yuan of its own funds at once.

Although Zheng Wenyuan wanted to raise some funds during this period and set up an investment fund focusing on the chip industry, it was because of the profitability of the domestic chip industry that many people were daunting. After four or five months of work, there was no major progress.

Now Chen Li wants to get 3 billion from Xinrui City and inject the chip industry investment fund. Not only has the funds for the construction of Huajing Group's new wafer factory been resolved, but Zheng Wenyuan has previously been exposed to several considerable high-quality projects and teams, and will be injected with sufficient funds to implement it.

Of course, Xinrui City's capital injection cannot be limited to new wafer fabs.

After all, the current 65-nanometer wafer fab is lagging behind Texas Electronics. TSMC's existing most advanced chip manufacturing factory has one generation. It is estimated that after completion, it will open up another generation of technical gap. It is still unknown whether this wafer fab can make a profit in the future.

Chen Li hopes that investment in Huajing will be a long-term and continuous behavior. He hopes that one day, Huajing will eventually grow into an international first-class chip integration manufacturer through continuous accumulation of technical talents and continuous industrial extension and layout.

Chen Li doesn't like too many social engagements and industrial investment work. Except for the direct participation of Xingwei Electronics, Chuangyuan Technology and Gao Can's Fengyuan Group, he is responsible for a large number of other work. Qian Wanli, Zheng Wenyuan, Gao Can and even Zhou Dahai.

Dashang Capital has been in-depth contact with Huajing for several months, and has made several plans, but it is just the east wind blowing.

Chen Li further learned about the negotiation process between Zheng Wenyuan and Huajing in the office, and decided to invest 1.5 billion in Huajing in the first phase in exchange for 15% of the shares. This can almost make up for the funding gap in Huajing's investment in a new factory in Jiahu. Whether to invest additional investment in the future depends on whether Huajing has further financing needs, and the second is whether Huajing's subsequent development is stable. Other funds will be invested in other industrial chains of chip integrated manufacturing.

This is also the main strategy of Dashang Capital to invest in industry in recent years.

After talking about something in the office, Zheng Wenyuan's phone on the desk rang. Seeing that it was Sun Hairong's private number, he asked in confusion: "Didn't Sun Hairong and the others come to Yuantuo Mountain recently? Is there any good thing to find me?"

Chen Li felt ominous. He nestled behind his spacious desk, watching Zheng Wenyuan answering Sun Hairong's phone call and listening to the content of their conversation. It was indeed Li Meng's matchmaking that Zhao Rongrong took the initiative to meet Sun Hairong.

The Zhao Luo incident happened two years ago, and finally Li Meng prompted Zhongyuan Film and Television to jointly invest in the establishment of a performing arts agency to solve the subsequent development problems. Li Meng has never appeared in Pujiang for many years and knows Sun Hairong, Hua Jinshi and others.

In the eyes of the outside world, Bisha Real Estate and Fanglong Real Estate are split and Dashang Capital currently holds more than 20% of Yulong Group, which were all contributed by Zheng Wenyuan back then. Zheng Wenyuan himself was complacent about the battle that year. When Sun Hairong learned that Li Meng was accusing of the dinner tonight, he naturally thought of calling Zheng Wenyuan.

"Li Meng was actually in Pujiang today and was still in trouble with Zhao Rongrong from Yihua. It's so strange - but, no matter what, we have food to eat today." Zheng Wenyuan hung up the phone and said happily.

Chen Li's head was as big as a numb person. He knew that Tang Xiao would definitely be present at the dinner today. He had also told Li Meng about Tang Jingwen before. Tang Xiao and the Zheng family had a complicated relationship. He didn't know what kind of demon moth he wanted to make at this time?

"Ah, I made an appointment tonight, so I can't get Sun Hairong's meal." Chen Li thought that no matter what kind of monster Li Meng would make, he could always hide, so he would not see the scene where Zheng Wenyuan and Tang Xiao's cousins ​​recognize each other.

"Ah, who did you make an appointment?" Zheng Wenyuan looked at Chen Li in confusion. Regardless of his past grievances, Yulong Group can be said to be a part of the Xinchaorui system. In addition to Dashang Capital, Qian Wanli, and Hu Guoming all hold shares in Yulong Group. Shen's Guobang Group has also deeply participated in Yulong Group's investment in tourism, film and television projects led by Yulong Group in Baiyunshan and other places.

In Zheng Wenyuan's opinion, unless Chen Li had an extremely important dinner, he would not have rejected the Sun Hairong organization. This dinner was attended by Li Meng, but what extremely important dinner did Chen Li have, which neither he nor Zhou Bin knew?

"What dinner party should be rejected," Zheng Wenyuan advised, "Are you surprised? Why did Li Meng get involved with Zhao Rongrong? Is there any cooperation or what?"

Zheng Wenyuan knew that Zhao Rongrong and Lu Wenzhong were deeply involved, and he still couldn't forget that Lu Wenzhong once wanted to pry his corner. Zhao Rongrong and Li Meng got involved in meeting Sun Hairong and him, which made him feel very excited when he thought of the possibility of encouraging Zhao Rongrong to rebel. He kept encouraging Chen Li to attend the dinner together.

"I just have a little thing. Or you guys go there first, I'll have dinner to see if there is time to go over and meet you." Chen Li said.

Zheng Wenyuan didn't force himself. Seeing that the time was about the same, he dragged Zhou Bin to the Huanglou Association.

After Zheng Wenyuan and Zhou Bin left, Chen Li was looking at the materials in the office. When night fell, Zhou Bin sent a text message: "Do you know that Li Meng is going to take Tang Xiao to Huanglou?"

Chen Li thought that Zheng Wenyuan should have been mentally prepared enough after meeting Tang Xiao. He asked the driver to prepare the car and took him to the Huanglou Association. Before the car turned into the yard of the Huanglou Association, he saw Zheng Bingyang hurrying out of the taxi from a distance.

Chen Li smiled bitterly, thinking that he had been in trouble for eight lifetimes today, and he didn't know how big the scene they were going to wait for him.

Zheng Bingyang obviously knew nothing. When he saw Chen Li's car coming, he stood at the gate of Huanglou Guild Hall for a while, and waited for Chen Li to get out of the car, and then said, "My brother called me to come over, but he thought you were not here."

Although Zheng Bingyang has been working in Pujiang, she has avoided appearing at the same time with Chen Li for a long time, especially Shen Tong has been transferred to Hong Kong for work during this period. Chen Li has not met Zheng Bingyang for about half a year.

What did Zheng Wenyuan do specifically to Zheng Bingyang at this time? Has he confirmed the relationship between Tang Xiao and their Zheng family?

Chen Li had no choice but to bite the bullet and accompany Zheng Bingyang into it.

Sun Hairong arranged the dinner in a two-story annex building. Zheng Wenyuan stood in the corridor in front of the annex building and was waiting for Zheng Bingyang to come over. He smoked a cigarette. Seeing Chen Li also arrived at the same time, he did not rush to go in. He handed Chen Li a cigarette and said, "The old man is in good health, but he made a will some day ago - the old man has no property, but the will decide to allocate the country to him a small courtyard for his granddaughter whom he had never met before. Because I often work in Shangdu, the old man handed over this matter to me. I just asked someone to find the contact information and haven't even taken time to contact..."
Chapter completed!