Rebirth of the Wild Age

"Richard (Zhang Rujing) didn't even wear a suit. It was just a work shirt with an old gray sweater, like a missionary. The desk was a bargain made up of three splints. He said he had the magnificence of a Chinese semiconductor. Dream, he must dedicate his life completely for this dream, as if he could even sacrifice his life. This person did not do this to make money. This is the most terrible thing."

This paragraph is the original words of a friend who came to the mainland to visit Zhang Rujing when SMIC was founded.

When Song Weiyang saw Zhang Rujing, he was not so "down and down". Instead, he was wearing a brand-new suit and leather shoes. Because today is the inauguration ceremony of SMIC's first factory, city leaders will also come to participate in the ribbon-cutting event, and they must show solemnity and joy.

Song Weiyang did not participate in cutting the ribbon. He only attended as a guest and delivered a congratulatory speech at the end of the ceremony: "First of all, I would like to congratulate the completion of SMIC's No. 1 factory, which is a great event in China's semiconductor industry. Thank you Mr. Zhang Rujing, he Not only brought more than 300 bending engineers, but also persuaded his American wife and 90-year-old mother to move their family to the mainland. Mr. Zhang made up his mind to do a business in mainland China. This is fundamentally different from other businessmen’s investment in China. Other investors come to the mainland to do business, and Mr. Zhang is really doing business. I admire those who concentrate on doing business, and I also like to interact with those who do business. My friend, I also wish Mr. Zhang a great success in his career!"

"Fuck!"

Amidst a round of applause, the city leaders laughed and said: "Boss Song said very well, whether it is for business or career, as long as he is willing to invest in China, as long as he abides by Chinese laws, Shenghai will open the door to welcome and create for the enterprise. Good policy environment. SMIC established by Mr. Zhang, the Shenghai government will provide the most favorable local policies under the preferential policies of the country. Support the development of SMIC, support the development of China’s semiconductor industry, and strive to make China's chip processing has reached a new level!"

"Thanks to the leadership and Mr. Song for your support and congratulations," Zhang Rujing took the microphone in the applause, "53 years ago, my father took more than 200 young metallurgical apprentices from the mainland. The parents of these apprentices, like Tuogu, pleaded. My father took good care of their children. Since then, my father has become the patriarch of more than 200 children and helped them get married. Every child gets married, and my father is their witness. When I was working at Texas Instruments, he was full The world built a chip factory. Once when I went home, my father asked me, “When will you go to the mainland to build a factory?” I always wanted to come back. Four years ago I wanted to go back to the mainland, but the political situation at the time did not allow it. I founded the world in Wanwan. Big Semiconductor has made plans to build factories. The first and second factories are built in Wanwan, and the third to tenth factories are located on the mainland. Unfortunately, this plan was stranded, and I myself left World University Semiconductor. Back then, my father took my family and more than 200 apprentices to Wanwan. Now, I brought my family and more than 300 Wanwan engineers back. It was like a half-century reincarnation. I fulfilled my father’s last wish. Will take root here and pursue the grand dream of a Chinese semiconductor!"

"Fuck!"

There was thunderous applause from the audience.

During the immediate interview, the reporter also picked the best side to ask, and the atmosphere was warm and beaming.

But a financial reporter suddenly said: "Mr. Zhang, the global chip industry was booming last year, but the market took a sharp turn at the beginning of this year. China’s largest chip manufacturing companies, Shougang, Huajing, and Huahong’s The financial report for the first quarter showed that their chip manufacturing project is losing a lot. Take Hua Hong, for example, it only announced its official production last year, and its annual profit reached 516 million yuan. By this year, Hua Hong had a net loss in the first quarter. More than 200 million yuan. Why did Mr. Zhang choose to build a factory when the industry is at its worst? How do you ensure that SMIC will be profitable?"

Faced with such trouble-making reporters, the city leaders were very upset, and the city government showed a gloomy expression no matter what.

Zhang Rujing smiled slightly and kicked the ball to Song Weiyang: "When I was in the United States, I was very familiar with Mr. Song's name. Mr. Song is a master of business, so I might as well ask him to answer this question."

Song Weiyang tilted up Erlang's legs and leaned back on the iron-covered chair, turning his head to ask the reporter: "Do you know that the more downturn in many industries, the more investment should be increased?"

"Why?" the reporter asked.

Song Weiyang said: "It depends on whether you want to make quick money or whether you want to make a long-term layout. In the mid-1990s, China's beverage industry developed rapidly, but Xifeng chose to expand steadily, and many companies that expanded too quickly died. In the previous two or three years, China’s export volume has declined, domestic demand has been severely insufficient, and the related manufacturing industries have been sorrowful. However, Xifeng has rushed forward at this time and has continuously increased its internal and external investment. As a result, the first two The companies that steadily fought in the year were all dead or half alive, but Xifeng developed rapidly because of the money spent in the downturn in the industry."

The city leaders also became interested in this question and asked: "Boss Song can explain it in detail to everyone."

Song Weiyang smiled and said: "The leftover is the king, and the leftover is left. In fact, the truth is very simple. The industry is down and everyone is losing money or not making money. At this time, the cost of expansion is the lowest. It’s the same with the Internet industry. A few years ago, when it was the most prosperous, I only invested a small amount of money and didn’t follow the trend to smash my family. Now the Internet is half-dead, but I am increasing investment, from last year to now. Tens of million yuan has been invested, and another one or two billion will be invested this year."

The reporter was still not convinced: "Chip manufacturing is a cutting-edge technology industry, and China's environment is also unstable. Can it be the same as making beverages and making the Internet?"

Song Weiyang did not answer, but smiled and said to Zhang Rujing: "I am a layman in chip manufacturing. Let me explain it, Mr. Zhang."

Zhang Rujing’s tone was not swift and slow, and said: “Fifteen years ago, Samsung had a new product on the market, but it encountered a trough in the global semiconductor industry. The price of memory plummeted by more than 90%, from 4 US dollars per chip to 30 cents. At that time, Samsung’s memory production cost was only 1.3 US dollars. This means that every time Samsung sold a piece of memory, it would definitely lose 1 US dollar. At that time, Intel chose to withdraw from the memory manufacturing field, and companies such as NEC and Hitachi significantly reduced their expenses. , Constantly shutting down production lines and reducing R&D investment. However, Samsung has lost more money and invested more, frantically increasing its research and development technology, and continuously expanding its production capacity. In one year, Samsung Electronics lost 300 million US dollars and lost all equity, all relying on government loans and Samsung Blood transfusion of other companies in the group. Another year later, Samsung Electronics has survived, and its influence in the industry has risen sharply, but it is still not as good as some Japanese benzene giants. After another year, the global economy is in recession, and Japanese benzene is even more economical. The bubble burst. Other companies have successively reduced production, and Samsung has also increased investment against losses. This time it took four years to become the world's largest memory manufacturer."

"Understood?" Song Weiyang said to the reporter with a smile, "Persistence does not necessarily mean victory, but failure to persist will definitely lead to failure. I am willing to gamble with Mr. Zhang. Now SMIC has 10 billion yuan in funds, which is 10 billion. After the loss is over, I will make additional investment, and I can accept the loss within 15 billion."

Zhang Rujing couldn't help laughing, and applauded: "Mr. Song is so courageous!"

The reporters suddenly became excited, and they even thought about the title-"Song Weiyang is optimistic about the chip manufacturing industry, allowing SMIC to lose 15 billion to seize the market."

"Boss Song, do you have that much money?" a fellow roared.

"Hahaha!" Everyone laughed.

This is stubborn. How much money Song Weiyang has has been discussed from the private sector and the Internet to the CCTV awards ceremony last year.

Song Weiyang was also very cooperative, and said with a smile: "I can still afford the billions."

According to statistics in 2019, the number of "100 million households" in China has reached 110,000, and the popularity seems to be about to catch up with the "10,000 million households" in the 1980s. But at the beginning of 2001, the "billion yuan" net worth was able to rank among the top 300 in China's rich list. It is even harder to imagine a few billion yuan, and it was directly in the top 10 of the rich list.

Now Song Weiyang says that he can afford to lose billions. If it is spread out by the media, the effect will be no different from the “small goal of earning one billion first”~www.wuxiamtl.com~ In the past few years, the Ministry of Electronics implemented the “909 Engineering" and vigorously develop the semiconductor industry, with a total investment of only RMB 10 billion. Hua Hong undertook this project, completed the construction of the factory in two years, and achieved an annual profit of over 500 million in two years. It was instantly praised by the domestic media.

But tragedy will soon follow. As global chip demand plummets, Hua Hong will lose nearly 1.4 billion yuan this year. The once-popular domestic media, after Hua Hong released its year-end financial report, swarmed with criticisms, even saying that "you can't make chips just by spending money." This makes it like only Chinese companies are losing money and foreign companies can make profits against the market. It is pure nonsense.

Sure enough, Song Weiyang was able to lose billions of rhetoric and quickly became the focus of national public opinion, covering up the limelight of the completion of SMIC's No. 1 factory.

The common people don't care about the chip factory, this thing is too far away from them. But everyone likes money, billions of dollars is an unimaginable huge amount of money, and even some media deliberately added materials to mislead readers to understand that Song Weiyang wants to use 15 billion to lose money, making it as if SMIC is Song Weiyang alone. .

Social public opinion quickly divided into two factions. One faction praised Song Weiyang for his courage and bankruptcy for the development of Chinese chips. Another group criticized Song Weiyang violently, saying that with more than 10 billion, it is better to help poor areas to help farmers increase production and income.

CCTV's "Dialogue" column even invited a few celebrities to make a special program around this topic.

On the Internet, there are all kinds of stubborns. They don't say that they are up and down hundreds of thousands every minute, but claim that they can afford to lose billions. It's a pity that there is no emoji at this time, otherwise it will be even more exciting, and it will be sooner or later that Song Weiyang becomes the king of the generation.

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