Chapter 401 Delivered to Your Door (Two in One)

Fang Zhuo will stay in Beijing for a few more days, mainly to wait for feedback from the ministry.

When he met the leader before, he emphasized that the project was urgent and described the investment considerations of international capital. The purpose was to get a special deal and quickly get favorable news to stimulate capital investment.

The leader did not give a definite answer, but Fang Zhuo received a call from his secretary the next day after drinking with Xiong Xiaoge and heard a biased opinion - the ministry should probably give a plan to list Bingxin as a key project of the ministry within a few days.

In addition, the secretary gave a vague sentence, depending on the development of Bingxin in the future, it may be possible to apply for higher-level project support.

The country has always supported the development of the semiconductor industry, whether it is Huajing and Huahong companies tried out by the "908 Project" and the "909 Project", or the "15th" special plan for integrated circuits, this is all from the will of the upper level.

However, Huajing Company failed and was included in the list of 601 debt-for-equity swap companies. Now it has been acquired by China Resources, and Huajing Group is also struggling. The cooperation with Japanese companies has increasingly proved that this road is not feasible.

How to move forward and develop the semiconductor industry is not only a matter of internal deliberation in the industry, but also something that the top leaders have been thinking about.

In the past two years, the vigorous development of SMIC established by Zhang Rujing is a positive trend since the strategic planning of related industries in China.

Now, the senior vice president from SMIC and the representative figures of the domestic Internet industry are willing to work together to create a new project in Luzhou, and have already kneaded out a rough framework, which is what the leaders are happy to see.

Even if it is better to have more trial and error.

Therefore, based on this main factor, and the good impression that Fang Zhuo has left on the leaders this year, the Ministry of Industry and Information Technology decided to give a certain amount of support to Bingxin CSMC.

The first thing to do is to give it a name.

This point can be easily determined after discussion. It doesn't take much time. It is the direction of the integrated circuit industry at the administrative level.

Secondly, substantial support including export subsidies requires some time to study.

Fang Zhuo learned the situation from his secretary. He didn't care about things that took time. He just wanted to implement the former as soon as possible, but he couldn't say it. He had to wait silently.

Fortunately, he had things to do in Beijing.

Fang Zhuo called Ni Runfeng of Changhong and planned to meet to talk about whether there was room for cooperation.

Ni Runfeng said on the phone that he had something to do in the next two days and arranged a dinner for three days later.

On the one hand, Fang Zhuo asked people in different fields to continue to collect solutions for Changhong, Apex, and color TV chips. On the other hand, he went to Sina to inspect the work of President Wang Yan.

Sina showed a warm welcome to the chairman.

When Fang Zhuo showed up at Sina headquarters, he immediately saw surprised eyes and heard excited greetings.

"Mr. Fang is here, Mr. Fang is here!"

"Look, it's Mr. Fang!"

"Mr. Fang, Mr. Fang, when will we move Sina to Shanghai?"

Distance creates beauty.

Although Sina first proposed KPI, the subsequent execution was not done by the chairman. Instead, it was Fang Zhuo who increased the salary and bonus.

When a chairman like him could bring Sina's stock price to the sky, everyone was full of joy for him. Perhaps because of their age, many employees also spoke quite boldly.

Fang Zhuo greeted everyone cheerfully and even chatted with his familiar subordinates who worked at Sina's hotline before walking into the chairman's office.

Sina President Wang Yan was already waiting.

"Welcome the chairman to inspect the work." Wang Yan said seriously.

Fang Zhuo laughed: "Brother Wang, even if you are pretending, you shouldn't stand in front of the desk like this, right?"

"Welcome, I'm afraid that I will accidentally offend the richest man in Shanghai and let him sell all his Sina stocks." Wang Yan was half joking.

At present, all the stocks held by Fang Zhuo have passed the lock-up period. As long as he wants to sell, according to Sina's current stock price, it will immediately be an investment operation hailed as Buffett's.

Previously, I saw media reports that Mr. Fang sold NetEase and Sohu stocks. Even though Wang Yan thought Sina stocks were safer, he couldn't bear that Mr. Fang was going to make another big investment now.

The 10 billion investment in semiconductors may seem surprising and curious to others, but it is a bit worrying to Sina's management. If the chairman sells his shares, Sina will immediately fall into shock.

As for Wang Yan personally, since he took over the position of president, he is completely grateful for his decision to stand on the side of President Fang.

Fang Zhuo heard the hidden meaning in Wang Yan's words and smiled: "I will not sell Sina shares for quite a long time, don't worry about this. The Ice Core I want to make must also allow international capital to enter the game."

Wang Yan breathed a sigh of relief and said seriously: "Sina can only move forward under the leadership of President Fang."

This may sound a bit flattering, but it is really true from the actual development of the company. Without Fang Zhuo, Sina will immediately reappear in the battle for control, and the company's current strategic development is also determined by Fang Zhuo.

Fang Zhuo laughed and said modestly: "It is through everyone's joint efforts that we can move forward. Today I came here to listen to three parts of content: Sina's media strategy, wireless value-added market, and game introduction department."

Wang Yan nodded and told the story of Sina.

As of today, Sina's stock price is $52.30, while another peer company, NetEase, has surpassed it in recent days in an amazing manner, and has climbed to $54.74.

Sohu is more than a step behind, now only $37.

What supports Sina's current stock price is the growth in clicks and the dividends from the wireless value-added market. Sohu is similar in this regard, but NetEase's soaring rise with "Westward Journey 2" is too enviable.

"The wireless value-added market has brought about almost the same imagination." Fang Zhuo commented while reading the report, "There is definitely growth in this market, but now the stock price is a little too enthusiastic. If I were an institution, I could consider leaving the market. ”

Wang Yan thought to himself, Mr. Fang is an organization, and MIGA Fund still has a seat on the board of directors...

"NetEase's games still have room for imagination, and they are really good." Fang Zhuo continued, "This kind of business has a direct stimulus to the stock price, and Ding Lei is very powerful."

Wang Yan sighed: "No one expected that "Westward Journey 2" would be so popular!"

"What about exposure to Blizzard?" Fang Zhuo asked.

"We contacted Blizzard. They have a game that has not been completed yet, and currently has no plans to sell the agency rights." Wang Yan said cautiously, "The game department made an evaluation based on the information given by the other party and felt that it is not suitable for domestic use." Very accepting of that style of game.”

Fang Zhuo said noncommittally: "It's not urgent to contact other manufacturers."

Wang Yan thinks this is what it should be. Considering the stock price, it is obviously too late for Sina to develop its own games now, and it is difficult to compare with the NetEase team. It is better to introduce excellent foreign games.

He continued to report on Sina's work, but also mentioned some lingering considerations, especially email.

…

While Sina's chairman and president were discussing the company's development, news about the Ministry of Industry and Information Technology's plan to make ice cores a key project spread in a small area from different channels.

Xu Xiaoping, vice president of New Oriental, was attending a meeting of the education department in Beijing and overheard people talking about the recent tens of billions of investments. He said that this project would be listed as a key project of the ministry and commission, and it would develop well in the future.

Xu Xiaoping is the vice president and director of New Oriental Education Technology Group. He has been in the education industry for seven years, but he is also interested in investment privately.

When I heard such news this time, my heart was moved. When I confirmed the source of the news after the meeting, I felt even more itchy.

Xu Xiaoping went home at night and collected some information about the ice core project. He studied it repeatedly. Then he looked through the address book on his phone, looking for reliable friends to give reference opinions.

Finally, Xu Xiaoping dialed the number of Shen Nanpeng, chairman of Ctrip.com.

He saw Deutsche Bank, an international investment bank, in the information about ice cores. He also knew that Shen Nanpeng worked at Deutsche Bank from 1996 to 1999 as the director of China Capital Markets, so he wanted to find out the authenticity of the information. .

Shen Nanpeng was surprised to receive a call from Xu Xiaoping, and even more surprised after understanding his intentions. However, he did not refuse to help. He contacted his old colleagues at Deutsche Bank and learned that Deutsche Bank was optimistic about the ice core project.

"Mr. Xu, Deutsche Bank should be investing in this project. Why are you suddenly paying attention to semiconductors?" Shen Nanpeng gave the information in the call back and asked Xu Xiaoping's motives.

Xu Xiaoping didn't hide anything and told him about the key project news he learned.

Shen Nanpeng was surprised: "I heard that SMIC is about to go public. The semiconductor industry is indeed likely to gain momentum. Bingxin wants to capitalize on this shareholder momentum."

Xu Xiaoping said seriously: "I think Fang Zhuo is a very powerful person and is very good at doing projects. I plan to invest in some projects to try. I asked someone for his number just now. I will give him a call later and make an appointment for a dinner."

Shen Nanpeng thought about it and was quite interested: "Mr. Xu, if you make an agreement with Fang Zhuo, you can count me in."

Xu Xiaoping said confidently: "Okay, I heard that Fang Zhuo is a very kind person."

An educator and a traveler ended the call. Both of them had some amateur interest in investment.

Xu Xiaoping read the ice core information again, then organized a conversation and dialed Fang Zhuo's number.

Soon, the call was connected.

Fang Zhuo received the unfamiliar number in the hotel suite. After the call was connected, he heard the other party's self-introduction and knew the intention. It felt quite... ridiculous.

It's not that he doesn't know Xu Xiaoping, the question is, isn't he still engaged in education at New Oriental? Have you not yet embarked on the path of angel investors?

"Mr. Xu, you may not know much about the semiconductor industry. You are in the education industry, and there is a lot of overlap between the two sides." Fang Zhuo said tactfully.

Xu Xiaoping said enthusiastically: "Although we have never met, I believe in Mr. Fang's ability! Isn't Mr. Fang also engaged in semiconductors across industries?"

Fang Zhuo didn't know whether to laugh or cry. This was even delivered to his door. It would be great if Old Xiong could be as straightforward as Xu Xiaoping.

He declined again and said: "Mr. Xu, you have never even met me. I deserve this kind of trust."

Xu Xiaoping insisted: "Mr. Fang, I heard that you are in the capital. Whenever you have time, let's go out for a meal and meet. Don't we know each other now? I believe you."

Euphemisms come and go, but this guy still wants to invest money.

Fang Zhuo had no choice but to tell the truth: "Mr. Xu, you work for New Oriental, right? Is this your first time investing?"

"Yes, Mr. Fang, but I have studied investment for a long time. Buffett said that investing is investing in people." Xu Xiaoping was very interested.

"Not everything Buffett said is right, it depends on the situation." Fang Zhuo said calmly, "Actually, Mr. Xu, with all due respect, I don't recommend that a person with your wealth directly invests."

"I can tell you responsibly that it is not easy for you to bear investment risks."

"New Oriental has not been listed yet? In the current situation, it is best for you to make the first pot of gold in your job as soon as possible."

"Mr. Xu, do you understand?"

Fang Zhuo was a bit rude. Underage investors should not come in front of him.

Xu Xiaoping was stunned. He didn’t even want investment coming to his door?

He was silent for a while and then asked: "Mr. Fang, do you think you don't have enough money?"

"Mr. Xu, five million Huaxia coins... is indeed a bit small." Fang Zhuo said helplessly, "Since you said you want to invest, you should also understand the scale of the ice core project..."

"No matter how small a mosquito is, it's still meat." Xu Xiaoping thought so.

"Later, Mr. Xu, there will be opportunities in the future." Fang Zhuo still refused.

Xu Xiaoping ended the call in frustration.

Fang Zhuo didn't pay much attention to this matter, he just thought it was a bit funny and bizarre.

Unexpectedly, he received a call from Xiong Xiaoge the next afternoon.

"What kind of ecstasy did you give Xu Xiaoping?"

"I received a call from this guy last night for the first time. Old Xiong, do you know him too?" Fang Zhuo was surprised.

"We considered investing in New Oriental before, but the investment failed later, and we are both in Beijing. Isn't it normal for us to know each other?" Xiong Xiaoge asked, "He called me at noon and said that we would use IDG to invest in ice cores together. I met Shen Nanpeng, the CEO of Ctrip.”

Fang Zhuo asked: "How much to invest?"

"The two of them invested US$3 million together." Xiong Xiaoge replied.

"Old Xiong, look at it. People have better vision in education and tourism than you. I don't know what's going on. If you are willing to take over, take over." Fang Zhuo said nonchalantly, "Anyway, I'm here to watch. IDG.”

Xiong Xiaoge was confused. Wasn't it Fang Zhuo who gave people ecstasy? Now even outsiders want to come and get involved?

He thought again and again and said: "That's okay, 3 million US dollars in the name of our IDG. I think Xu Xiaoping is quite persistent and stubborn. There may be some additional judgment information. In this case, let President Fangda use a Ten billion projects bring people into the industry.”

Fang Zhuo originally agreed, but when he heard this, he said, "Hey, Old Xiong, I don't like hearing what you say. Why are you so arrogant? This has nothing to do with me. Whether you lead people into the industry or not is up to you IDG."

Xiong Xiaoge said with a sigh: "Okay, this time I will bring these two people who are engaged in education and tourism to experience Mr. Fang's project, and teach them the first lesson - investment is risky, and you need to be cautious when entering the industry."

"You're not good at investing. You're number one in yin and yang, old bear. If you want to lose people's money, just wait for gasoline to be poured on you." Fang Zhuo mocked.

"At that time, I will have to ask Mr. Fang for his experience in hiding gasoline." Xiong Xiaoge said lightly.

Fang Zhuoran, okay, okay, come, come, come, come, come, come, insist on investing money, what else can you do?