Technology company, I will become the light of China!

Chapter 109 Multi-line development, [-] million fund gap

"Hello Mr. Chen, after verification by our backend system, both Longxing Silicon Industry and Longxing Chemical Industry can be used normally."

Longxing Silicon Industry.

Longxing Chemical.

Semiconductor silicon wafers and photoresist must be grasped with both hands. If raw materials cannot be solved, chip production will still be stuck.

After the company's name was verified, Chen Xing directly called Wei Yan and asked a lawyer to draft an equity holding agreement.

The original idea was to let Wei Yan take over the Geek Series sub-brand, but on the plane, Chen Xing thought about it carefully and realized that the industrial end may need the capabilities of red-quality talents more.

Only by solving the industrial side as soon as possible and forming a rivalry with Loongson International can he sell his mobile phones with peace of mind.

The most important thing is that Wei Yan and Chen Xing have no blood relationship. They are still Chinese. It is too difficult to trace the truth. They are the best candidates to cultivate Anzi.

Now the Western world is waiting for Longxing Technology to prove itself. Any disturbance of Chen Xing may be under their watch. It is necessary to find someone to hold the company on behalf of him.

Wei Yan rushed to the Industrial and Commercial Bureau, understood the whole story and readily accepted it. He agreed to register "Longxing Silicon Industry" and "Longxing Chemical Industry" in his name. While receiving the "Notice of Pre-approval of Enterprise Name", he also gave full authority to Responsible for the registration application of two companies.

Because it involves equity holdings, Chen Xing does not dare to be careless in the slightest.

He asked lawyers to draft four agreements in total, "Agency Holding Agreement", "Investment Certificate", "Shareholder List", and "Unconditional Resumption of Shareholder Identity Commitment". With these four supporting documents, Longxing Silicon and Longxing Chemical industry can be firmly in hand.

After all, Wei Yan was a born rebel, so Chen Xing had to be careful.

It is worth mentioning that Bantian Wasteland is located in the urban area and cannot build factories that emit toxic gases such as silicon wafers and chemicals. The only option is to choose Tengfei Industrial Park in the suburbs of Shenzhen City and rent their space to apply for a company.

There are also benefits to renting industrial park space. In order to attract investment, the park often provides one-stop company registration services.

……

When Wei Yan was responsible for the registration and review of the two raw material companies, Chen Xing was not idle and returned to the company to calculate the funds needed for development.

CEO's office.

He opened his mailbox.

Yu Yuehui, the CEO of Shanghai Silicon Group, acted very quickly and sent the equipment quotation as an attachment.

12-meter imported graphene thermal purification furnace × 3, quoted price is 2400 million.

Imported CZ crystal growth furnace × 2, quoted price is 1700 million.

"It's all tens of millions..."

Chen Xing couldn't help but be amazed.

Imported stuff is so damn expensive!

In addition to purification furnaces and growth furnaces, there are also wire cutting microtome, CMP chemical mechanical polishing equipment, ion implantation equipment, optical detection equipment, CVD chemical vapor deposition equipment, PVD physical vapor deposition equipment...

Scroll down the attachment list to the bottom. The total quotation of Shanghai Silicon Group is 2.7 million, which is only for the laying of a single production line.

The ticket to silicon wafers is just four words...

It’s so expensive!

But no matter how expensive it was, Chen Xing had to make arrangements.

Without an industrial base, the production of raw materials requires a high degree of dependence on imports.

This is equivalent to building a house without laying a foundation. No matter how luxurious the house is, it will collapse and sink within ten years.

If you want to compete with Loongson International, you must master the production and production of semiconductor silicon wafers and photoresist.

The photolithography machine cannot solve it for the time being, but silicon wafers and photoresist can still solve it.

After checking the Shanghai Silicon Group's quotation, Chen Xing opened a second email, which was a purchase list of information and communication laboratory equipment sent by Wang Yan, a golden quality talent in information and communication technology.

Network analyzers, spectrum analyzers, oscilloscopes, signal generators, antenna and RF test equipment, protocol analyzers, EMC electromagnetic compatibility test equipment...

The same quotation sheet was drawn to the end, and the total quotation was 8500 million!
In addition to equipment, there is an additional 5 million start-up capital for 5000G network research and development, with a total expenditure of 1.35 million!
The total quotation list of the two emails has reached 4.05 million.

Besides.

There are also four quotes in the mailbox.

In the first letter, Chen Yapeng personally supervised the construction of Bantian wasteland. He also compiled the preliminary construction cost quotation for the base.

For expenses such as reinforced concrete, excavators and tower cranes, purchase of green plants, and architectural design, 2.2 million will be invested in the early construction.

If the construction is carried out as planned, several times more capital will be invested in the future.

The largest proportion of the 2.2 million construction cost is the R&D building. Chen Xing plans to build three 20-story R&D buildings to form a U-shaped experimental R&D area.

The second letter, Longxing X1 parts procurement, the quotation compiled by Zhou Zhaoji, does not have much price fluctuations with the last review by Chen Xing. It requires 4 million yuan to invest in production and is expected to produce 25 mobile phones.

The third letter was an application form for next quarter's R&D funding sent by Su Chen, a purple management talent responsible for sorting out funding for each laboratory.

The total R&D funds requested for the chip laboratory, battery materials laboratory, fast charging laboratory, operating system laboratory, audio speaker laboratory, mobile phone screen assembly R&D laboratory, and photography optics laboratory are 3.2 million, including photography The optical laboratory alone accounts for 7500 million to update research and development equipment.

The fourth letter covers Guancheng factory expenses, equipment maintenance fees, workers' wages, water and electricity expenses, etc., with a total expenditure of 1200 million.

"call--"

After checking his email, Chen Xing leaned on his office chair and sighed.

Sure enough, enterprise development is inseparable from money. At present, every step taken by Longxing Technology requires a large amount of capital investment.

From September to December, after selling Longxing X9 mobile phones for three full months, plus 12 units of brilliant X1 mobile phones sold out, and including the national chip support fund of 1 million, Longxing Technology's book capital reached 2 billion. I thought it was enough, but I didn’t expect that there was still a shortfall of nearly 10 million yuan.

This does not include Longxing Chemical. The development of photoresist also requires the purchase of equipment, which is expected to cost 1 to 2 million yuan.

There is a funding gap of about 5 million, which Chen Xing must make up as soon as possible.

Whether it is the construction of Bantian wasteland, the allocation of R&D funds, or the development of Longxing Silicon and Longxing Chemical, every step must be experienced.

Without the silicon industry and chemical industry, it would be impossible to compete with Loongson International, and purely domestic chips would be far away.

Without R&D funding, laboratory equipment cannot be updated in time, and experimental materials will not be available. Without them, it is impossible for scientific researchers to rub their hands, right?
If technology cannot stay ahead, can Longxing Technology Company still be called a technology company?

There is also the construction of Sakata Wasteland. Even if other construction is stopped, the three R&D buildings must be completed as soon as possible. The purpose of its construction is to complete the transfer of scientific research personnel and expand the scale of the laboratory.

"We have to get money as soon as possible."

Chen Xing murmured to himself.

Is one billion in the book a lot?

At the beginning, he really felt that one billion dollars was indeed a lot of money, and ordinary small businesses would never have so much money in their lifetime.

But as the business develops, one billion funds are simply not enough.

Technology companies, especially those in the semiconductor chip field, spend one billion dollars, which is really about the same as ten yuan.

Ren Guofei, Gao Yongming, Liu Wei and other CEOs in the semiconductor field have all said publicly that the chip industry is too deep. If tens of billions of dollars are thrown into it, it will only make a sound. I really don’t know whether it will have any effect.

Chen Xing was skeptical before, but now he believes it.

He will spend 2.7 million yuan on the equipment to manufacture silicon wafers alone, not including raw materials, which are also an expense.

In addition to silicon wafers, there are also photoresists, developers, etching solutions, cleaning solutions, etc. These are just the basic materials.

How much does it cost to manufacture lithography machines and produce tens of thousands of precision parts?

The chip and semiconductor industry is indeed an industry where as long as you master a certain link, you can make a lot of money.

After calculating the funding gap, Chen Xing called his secretary on the internal phone.

"Tap-"

Xia Wei, wearing high heels and still wearing a business skirt that covered her hips, walked into the office and asked, "President, are you looking for me?"

"Ah."

Chen Xing responded and ordered: "Go to the marketing department and tell Yao Nana that the price of Longxing X1 mobile phone has been raised to 1799 yuan, and ask them to re-create promotional posters and marketing methods."

The profit of 100 is mentioned as 200 yuan, and the price increase is only 6%. Users should be able to accept it. After all, it has Star Flash fast charging and Kaitian baseband chip. The 1799 yuan Longxing X1 is still very good.

Xia Wei: "I'll do it right away." "That's right."

Chen Xing stopped her again and added: "In terms of insurance, you ask the marketing department to fully launch it. Yao Nana knows this."

"Good president."

"That's all, go ahead."

Xia Wei nodded, turned and walked to the marketing department floor.

In addition to making money from selling mobile phones, you can’t let go of the money from selling insurance.

Generally speaking, 80% of mobile phone insurance is pure profit.

The total price of the screen is 300 yuan, and the insurance charge is 120 yuan. Even if 50% of the insured users have a broken mobile phone screen, Chen Xing can still make money by sending it back to replace the original one!
But 50% of users have screen crashes?
is it possible?

The Longxing X1 uses a Korean M series screen. The screen itself is of good quality and will not break after being dropped once or twice.

Now the company is short of money for development, so insurance such as broken screen insurance, battery insurance, and complete machine insurance must be arranged for the next batch of Longxing and Cancan series mobile phones. The profit can be increased by 100-200 yuan, which is higher than the profit of the Longxing X1 mobile phone. .

In addition to profit from selling mobile phones and insurance, on the enterprise side of Internet software, pre-installation and listing fees also need to be discussed again.

Now that the funding gap is so big, these means of profit cannot be relied upon in the short term, and we need to rely on the power of banks.

No matter what kind of enterprise development it is, it must be inseparable from banks.

Chen Xing took out his mobile phone, looked through the address book list, found the number of Fan Zhenhua, the president of Shenzhen Commercial Bank, and dialed it.

……

noon the next day.

The entrance of Shencheng Commercial Bank.

With sleek hair, a suit and leather shoes, and a pair of gold-rimmed glasses, the elegant bank president Fan Zhenhua stood in the cold wind, looking around at the passing vehicles.

The cold wind blew and he shivered.

"Why haven't you come yet?"

Fan Zhenhua rubbed his hands, his ears were red from the cold.

Beside him, two lobby managers with fat heads and big ears and shrewd eyes accompanied him.

"President, why don't you go back and we'll receive Mr. Chen for you."

"Yes, President, it's really cold today. We'll notify you as soon as Mr. Chen arrives, so don't freeze your body."

The two managers looked concerned.

Fan Zhenhua shook his head and continued to look at the passing cars: "You don't understand. I am standing here superficially. Do you know how much technology companies generally borrow?"

"How much... how much?"

Managers shivered with cold.

"Let me tell you this, if we get this deal with Longxing Technology Company, this year's loan task will definitely be exceeded. You can just wait to get the double year-end bonus!"

Fan Zhenhua blew into the palm of his hand and said.

The voice just fell.

The two lobby managers stopped shaking, as if they saw the year-end bonus waving at them.

Anyone who has worked in a bank knows that banks are not afraid that companies will not repay the money, but they are afraid that no company will seek loans from them for development.

Loan it out and everyone will be happy!

If there is no business loan, the bank will be in big trouble!
The annual performance will definitely fail. If the annual performance fails, there will be no year-end bonus. Not having a year-end bonus is not the worst part. Some banks even require employee loans to make up for the data.

As for corporate thunder?

That’s not what the bank manager has to think about!

Under the expectant gazes of Fan Zhenhua and the two lobby managers, a black Mercedes-Benz slowly drove into the parking space in front of the bank. The three people's expressions suddenly became condensed. The two lobby managers were very understanding of people and immediately directed the parking.

“Enough location!”

"Hey, you can come in! You can come in!"

"Get back on track!"

"Pour! Pour! Pour!"

"stop!!!"

The vehicle stopped and Chen Xing unbuckled his seat belt and got out of the car. Fan Zhenhua stepped forward quickly and welcomed with a smile: "Mr. Chen, no, I should call you Mr. Chen. Your driving skills are so good. Come on, come on, our bank Please come in."

Chen Xing looked at his frozen red ears and said with a flash of surprise: "President Fan, you won't be waiting outside for a long time, right?"

"No, no, just for a while."

Fan Zhenhua made a gesture of invitation, and the two lobby managers beside him quickly smoothed things over:
"Yes, I just stood there for a while."

"Mr. Chen, please come in. Our president misses you so much."

It is said that banks are superior, but that is only because ordinary people have no bargaining chips and no interest-binding relationship.

For big customers like Chen Xing, they are eager to pick them up at their door.

Seeing these flattering faces, Chen Xing was already used to it and smiled: "Then let's go in and talk. It's quite cold outside."

"Please."

"Mr. Chen please."

Four people entered the bank.

Fan Zhenhua took Chen Xing directly to the president's office and then closed the door, giving him enough space for private conversation.

"Mr. Chen, wait a moment. I'll make you a pot of good tea to warm yourself up."

He skillfully poured water and rinsed the tea sets on the tea tray.

After the business process of making tea was completed and the two parties took a sip of tea from each other, they began to talk about business slowly.

"Mr. Chen wants a loan?"

Fan Zhenhua smiled and got straight to the point.

Chen Xing nodded, took out the land supply documents and land certificates and said, "The capital chain is somewhat insufficient for wasteland construction."

"With collateral, it's easy to talk!"

Fan Zhenhua's eyes lit up. He picked up the land supply documents and three or four land certificates and looked at them carefully.

It is no exaggeration to say that the corner of his mouth is now more difficult to suppress than AK.

When the state provides land for construction, these items are used as guarantees and mortgages, which is equivalent to this loan, and the bank has zero risk.

You borrow money to build.

Don't pay back?
Just take over the land and that’s it!

Loans with collateral can often lend huge amounts of money.

"The construction of 20 square meters of land requires a conservative estimate of one billion investment. President Fan, please help me find out how much I can borrow. If it is suitable, I will lend it to you."

Chen Xing said lightly.

His words also imply that if the amount provided by the commercial bank is not enough, then he has alternative bank loans.

Mortgage of 20 square meters of land is a big enough bargaining chip!

Fan Zhenhua is also an old fox. How could he not hear the subtext in the words? He quickly replied: "I understand. I will find someone to calculate the amount now. Mr. Chen, please wait a moment."

(End of this chapter)