Chapter 906 Breaking Ground

  A few months ago, Fuxing Semiconductor leased an office in Jinmao Building and recruited dozens of employees to start the preparatory work.

  The next day, more than 30 Bay Bay engineers, headed by Liang Mengsong, formally joined Fuxing Semiconductor and started working in Jinmao Building.

  Xia Jingxing conducted a simple appointment ceremony in the company. In front of all the employees, he handed the letter of appointment to Liang Mengsong and formally appointed Liang Mengsong as the CEO of Fuxing Semiconductor.

  Liang Mengsong soon entered the working state, held a meeting in the conference room with Xia Jingxing and several other investors, and finalized the investment plan.

  "Fuxing Semiconductor has invested a total of US$1 billion in the first phase, equivalent to approximately RMB 7.6 billion.

  Among them, the Fuxing Industry Group invested 6.4 billion yuan, and the six parties including Vision Capital and Today Capital, Northern Lights, Cyberspace, Hanergy, and DCM Doer Investment each invested 200 million yuan.

  Equity allocation plan: The option pool accounts for 30% of the total share capital, Renaissance Industry Group holds 58.95%, and the other six major shareholders each hold 1.84%. "

  Liang Mengsong quickly read the documents in his hand, glanced at the people present, and asked, "Do you have any questions about this?"

"No comment!"

"No comment!"

  ...

Chen Hong, Xu Xin, Lin Xinhe and other six people shook their heads. They are close to Xia Jingxing and Envision Capital. The decision to jointly invest in the revival of semiconductors is actually not hasty, because it was a few months ago. Begin to contact and discuss related matters.

   "I have something to say!"

  Everyone looked for their voices, and Chen Datong, who was sitting on the side, held his hands high.

   "Mr. Xia, due to the spread of Spreadtrum's equity, I can't be the master alone, but I plan to leave Spreadtrum next year and may initiate the establishment of a fund specializing in semiconductor investment next year."

  So many people have decided to invest in Fuxing Semiconductor, and they cannot be the masters themselves. Chen Datong looked at Xia Jingxing with a somewhat embarrassed expression and gave a little explanation.

  Xia Jingxing waved his hand very empathetically: "What does it matter? Now I am in a hurry to build factories and buy equipment for Fuxing Semiconductor, so financing is in a hurry.

  However, when everything is straightened out, Fuxing Semiconductor will open the second round of financing next year. At that time, you can bring your new fund to join and become one of the B round financing parties. "

  Getting Xia Jingxing’s understanding and promise, Chen Datong smiled and nodded: "Okay, then I will join next year."

  Xia Jingxing smiled and said nothing, Chen Datong is actually a very powerful technical expert, China’s first batch of semiconductor doctors, and has made many creations and inventions in CMOS image sensors and mobile phone chips.

  Haowei Technology, which was founded in the United States, has been successfully listed on the Nasdaq. In the future, it will become the top three CMOS manufacturer in the global mobile phone market.

After Chen Datong returned to China, he co-founded Spreadtrum Communications with Wu Ping. At present, the company has submitted a prospectus to Nasdaq and plans to go public next month.

  According to Deng Feng last year, Envision Capital and a number of other institutions jointly invested in Spreadtrum, which accounted for a small share. However, this should be the second IPO return case that Envision Capital has harvested.

  He heard Deng Feng say that after Spreadtrum Communications went public, Chen Datong planned to do venture capital and help the development of China's semiconductor industry through investment, so he called Chen Datong to deepen and deepen friendship.

Both Chen Datong and Deng Feng belong to the Tsinghua Group and occupy half of China's semiconductor industry. If you want to do semiconductors in China, these people cannot be avoided at all.

  In fact, Xia Jingxing has now deeply penetrated the Tsinghua Group. In addition to cooperating with Deng Feng to invest in Spreadtrum, he also invested in many semiconductor companies founded by Tsinghua students, including Zhaoyi Innovation.

  After the funding plan was finalized, investors from all parties soon left the magic city, and gave all the affairs of Fuxing Semiconductor to Xia Jingxing and Liang Mengsong.

  In the next month, Xia Jingxing and Liang Mengsong began to constantly contact the local government of Magic City, asking for policies, land, and loans...

  The local government of Magic City attaches great importance to this investment attraction. When Huaxin settled in Magic City, they gave great help. Afterwards, it proved that this was a very successful investment attraction.

Renaissance Semiconductor invested 1 billion US dollars. Although it is not as shocking as Huaxin International settled in Magic City, the local government still wants to give the land and give it what they want. They do their best to keep this semiconductor company and strengthen the Magic City semiconductor industry. Cluster influence.

  Finally, after many consultations, the Magic Capital government approved a piece of land for Fuxing Semiconductor in the microelectronics industry base of Zhangjiang Hi-Tech Park, covering an area of ​​250,000 square meters, for the construction of production plants, auxiliary plants and residential living quarters for employees.

  In addition, the Modu government also solemnly promised: Fuxing Semiconductor's $1 billion investment is fully in place. After the factory and production lines are established, the local bank will provide certain loan support based on the order situation.

  It's a bit of not seeing rabbits or hawks, but Xia Jingxing didn't care too much, and that loan wouldn't help much.

  With the high-efficiency promotion of Fuxing Semiconductor and the active cooperation of the Mordu government, the Mordu Factory project has been implemented very quickly, and all procedures are being processed quickly.

  In the blink of an eye, it is already June.

  Zhangjiang High-tech Park.

  A piece of wasteland is lit up with lights, and it is very lively.

  Xia Jingxing, Liang Mengsong, and several leaders of the Magic City all held shovel in their hands and formed a circle, constantly filling a large pit in front of them.

  In the pit, there is a rectangular stone material tied with red silk, and it is written with two big red characters, "Foundation Laid".

  Behind the few people who were constantly shoveling and filling soil stood a huge red advertising board with the words "Fuxing Semiconductor Phase I Plant Construction Project" and other big characters.

  After digging the soil and ending the groundbreaking ceremony, Xia Jingxing was about to leave when he was suddenly surrounded by a group of reporters.

   "Mr. Xia, can I interview you a few questions?"

   "Mr. Xia, Fuxing Industry Group enters the semiconductor industry, is it redefining the semiconductor industry?"

   "Mr. Xia, the outside world says you want to invest 100 billion in the semiconductor industry. Is this true?"

  ...

Xia Jingxing was a little bit dumbfounded by the questions of the reporters in front of him, and these people were more agitated and squeezed in front of him. If it weren't for being stopped by a group of security personnel, these reporters would put the microphone on his face. .

  "Don’t worry, everyone, I can’t run. Isn’t this just coming to interview you?"

  The reporters at the scene burst into laughter. No one believed Xia Jingxing's nonsense. You obviously went to the car and prepared to run away.

  The reporters received relevant news last month, saying that Fuxing Semiconductor is going to settle in the magic city. They wanted to interview Xia Jingxing, but they couldn’t find anyone at all.

  Finally seized the opportunity today, they won't let Xia Jingxing run away easily.

  Seeing Xia Jingxing standing there, without any intention to run away, the reporters finally felt relieved and began to ask questions in an orderly manner.

  A female reporter with a green face, who seemed to have just graduated, handed out the microphone and asked, “Mr. Xia, is it too late for Fuxing Semiconductor to enter semiconductors at this time?”

  Xia Jingxing nodded: "It's a bit late, but there is no way, who made me born late?"

  The reporters laughed and made the young female reporter a big blush.

Xia Jingxing smiled and said: "Just kidding you, I probably understand what you mean. You mean that major international companies have been cultivating in the industry for decades and have long established a technological moat. Rejuvenation has entered at this time. Where is the advantage? How to catch up with the big international companies? Right?"

  The young female reporter nodded frantically. That was what she meant. She didn't say a lot of things when she was in a hurry.

  "Compared with major international companies, we do not have any technical advantages, nor any financial advantages.

   But then again, at the time of the change, China's semiconductors were 20 years behind the international level. After unremitting efforts and catching up, the gap has been shortened to a few years.

  The same sentence: It’s man-made, man will conquer the sky! "

  The female reporter still wanted to ask a question, but the next reporter immediately rushed to ask her: "Mr. Xia, after the establishment of Fuxing Semiconductor, how do you think about the relationship with Huaxin and Huahong colleagues?"

  Xia Jingxing smiled. If you answer this kind of question carelessly, you will get a big hat of contempt for your peers and look down on who is who, but he will not fall into the pit, and replied in a satisfactory manner:

"To be honest, the Fuxing Semiconductor Factory has only started construction at the moment, and no orders have been received. Even the production lines and equipment are still being purchased, and the tender can be pinched out. Any peers are our predecessors, and we must learn from them. ."

  Next, a reporter asked: “Then President Xia, Fuxing Semiconductor is a subsidiary controlled by Fuxing Industry Group. Will it only take internal orders or develop independently in the future?"

"Naturally it is independent development. Fuxing Semiconductor has a high degree of autonomy. Fuxing Industry Group currently only holds more than half of Fuxing Semiconductor's shares. In the future, it will conduct the second and third rounds of financing, introduce more capital, and go public independently. ."

  On the other side, Liang Mengsong was also surrounded by reporters, who kept asking him questions.

  These reporters are afraid that the world will not be chaotic, and the questions they ask are very speechless.

  "Mr. Liang, the founder of Huaxin also came from Gulf Power. Does this mean that Gulf Power cannot retain talents?"

   "It took Huaxin for seven years to gradually catch up with Gulf Power. At present, it is only one generation away from the technology. How long does Liang always feel that Fuxing Semiconductor can catch up with Gulf Power or Huaxin?"

  Liang Mengsong has been engaged in technical work for a long time. It was the first time that he was the CEO. He was surrounded by so many reporters. It was a mixed blessing. The good news was that he finally stepped onto a larger stage. The bad news was that the reporters were pitted, and questions were digging traps everywhere.

   Seeing that he was a little bit overwhelmed, Xia Jingxing walked over and attracted the reporter's firepower to him, and began to circle with the reporter.

   casually answered a few questions from the reporter, Xia Jingxing pulled Liang Mengsong's sleeve a hand, and the latter knowingly followed Xia Jingxing, who had already pulled out his legs and walked outside.

  Then, the two were chased by reporters, and they were escorted all the way into the car by security personnel.

  Looking at the reporter who still refused to leave outside the car window, Liang Mengsong wiped a sweat: "Mainland reporters care about semiconductors. They are so enthusiastic!"

  Xia Jingxing smiled: “Not only reporters, but the whole people attach great importance to this industry.”

   "The task is heavy and there is a long way to go!" Liang Mengsong said with emotion.

   "Just treat it with a normal heart! In short, everything is up to you."

  Looking at Xia Jingxing’s solemn expression, Liang Mengsong nodded heavily.

  (End of this chapter)