Chapter 487: The Bigger the Waves, the More Expensive the Fish

Like the rest of the world, the country was still in the exploratory stage regarding the Internet industry, but that telecommunications bill issued a few years ago was affecting the entire domestic Internet industry.

And if Feiyan Technology wanted to go public on NASDAQ, it had to go public as an Internet company. This was something that couldn't be helped. The Internet was the next wind outlet; even a pig could fly on the wind outlet!

If one really calculated it, the money-making ability of the mini-radio business was definitely stronger than that of an Internet company, but it just wasn't as popular as the Internet. Not only mini-radios, but many industries such as banking, insurance, automobiles, petroleum, chemicals, and aviation were also not favored in the future.

During the peak period of the Internet, Microsoft's market value could exceed twice that of the century-old oil giant Exxon Mobil. Even Mobil was like this, let alone the radio, which had long been considered a sunset industry, although this thing still existed after being a sunset for decades...

Feiyan Technology wanted to go public as an Internet company, which faced a problem: the country did not allow foreign investment in domestic Internet companies, which led to a stalemate.

Wu Yaoguo heard about the ins and outs of the Internet industry. He didn't expect that there were so many ways in it. Not only did he have to handle the American side, but there were also troubles domestically that needed to be handled.

"Then how does Feiyan Technology plan to handle it?" Wu Yaoguo glanced at Yao Zhengru sitting there. Seeing that there was no anxious look on his face, he knew that Li Dongling and Yao Zhengru must have discussed some strategies.

"Feiyan Technology is definitely going to go public as an Internet company. Himalaya Internet Radio under Feiyan will be officially launched simultaneously in the country, Hong Kong, America, and other places this month!

In addition, hire professional lawyers to design a set of equity structures to separate the domestic equity of Himalaya Radio from the equity in Hong Kong and America. If it goes public directly, it will be based on Himalaya's websites in Hong Kong and America!

In addition, Feiyan Technology will establish another company in the Cayman Islands to hold the domestic Himalaya Radio!"

The set of gameplay Li Dongling brought out was the VIE model of the previous life. To put it bluntly, it was that the domestic company held the Internet license, and then a company was established overseas to hold the domestic license. Silicon Valley venture capital invested in domestic Internet companies, but in fact, they were all investing in that overseas company.

In the previous life, there were two or three hundred companies in the country, including Internet, media, medical, e-sports, and many other companies, that used this way of wearing a vest to go public on NASDAQ and Old Europe.

This model had both advantages and disadvantages, and it was more like a "gentleman's agreement." Everyone followed the rules. Of course, if one encountered a strong domestic company founder who overturned the table, ignored the overseas investment company, or even tore up the agreement, it was not impossible.

The most typical one was Boss Ma of Alibaba. In order to control Alipay, under the situation where nearly 70% of Alibaba's equity belonged to SoftBank, Yahoo, Silicon Valley venture capital, Huaerjie, and other institutions, he directly overturned the table.

Regardless of the attitude of Yahoo and SoftBank, Boss Ma directly split Alipay and then compensated the two shareholders with a sum of money to settle the matter.

Of course, there was a price. After that year, it became much more difficult for domestic Internet companies to find big overseas financiers.

"However, whether this method can work still needs the approval of the Yanjing Ministry of Information Industry. This time I go to America, I must first find supporters for Feiyan Technology on Huaerjie!"

Li Dongling said to Yao Zhengru and Wu Yaoguo. This set of gameplay relied on the principle that if the people didn't report it, the officials wouldn't investigate. Everyone played a tacit game; it was impossible to say there was no risk at all.

Domestic Internet companies being pitted by overseas investors, and overseas investors being pitted by domestic companies, were common occurrences. No one knew when the knife would be stabbed, it just depended on who was more skilled!

"The Pingyang Municipal Government, Hanxi State Investment, and the Hanxi Provincial Government will all do their best to help Feiyan Technology solve the trouble!"

Wu Yaoguo said. There was no way abroad, but domestically, the Hanxi Provincial Government, Pingyang Municipal Government, etc., would definitely fully support Feiyan Technology.

Li Dongling heard the subtext of Wu Yaoguo's words and said with a smile, "If Feiyan Technology's listing application can be used by the NASDAQ Trading Commission, then when issuing listed stocks, I hope Hanxi State Investment can help Feiyan Technology subscribe to a portion!"

Hearing this, a smile appeared on Wu Yaoguo's face. What was he rushing over for before Li Dongling left Pingyang this time? Wasn't it to let Hanxi State Investment catch the ride of Feiyan Technology's listing!

If Feiyan Technology performs well in America after going public, no one knows. However, if the stock price can rise, then Hanxi State Investment is estimated to be able to earn several times the return this time.

"This time I go to America, besides Feiyan Technology's affairs, there are other things that I also want to solve."

Li Dongling looked at Wu Yaoguo. Li Dongling remembered that back then, Wu Yaoguo told Li Dongling that when there was a new project, don't forget Hanxi State Investment. No matter how big the project was, Hanxi State Investment was willing to invest!

Li Dongling dared not forget Wu Yaoguo's words. "Wu Laoge, you should know that Dongling High-Tech has a company called Dongxin Semiconductor in the provincial capital!

Currently, it mainly researches various chips. The most important project this year is computer chips. This time I go to America, I want Dongxin Semiconductor's computer chips to get support from companies like Microsoft.

If it goes smoothly, Dongxin Semiconductor's computer chips will have the opportunity for mass production, but currently, domestic semiconductor foundry manufacturers have insufficient capacity!"

Wu Yaoguo listened to these words, and a subtle emotion emerged in his heart. "So, what does Hanxi State Investment need to do?"

Li Dongling clapped his hands. "I remember Wu Laoge said before that when there is a project, we must cooperate with Hanxi State Investment.

If Dongxin Semiconductor's computer chip research and development is successful, we are preparing to build a chip production company. I don't know what Wu Laoge's willingness is?!"

Wu Yaoguo gave a wry smile. Although he didn't let the investment department of Hanxi State Investment specifically study the chip industry, hearing Li Dongling wanting to pull him into the game, Wu Yaoguo also understood that this industry was probably not so easy to mix in.

After thinking for a moment, Wu Yaoguo didn't ask anything else, but asked straight to the point, "Investing in a semiconductor production company, what is the winning rate, and how much return can there be in the future?"

"The winning rate is hard to say. Semiconductors are just beginning to develop in the country. Dongxin Semiconductor builds its own semiconductor production base, mainly to undertake Dongxin Semiconductor's chip orders in the future!

Whether it makes money or loses money is hard to say, but if it can be developed, this chip production company, whether it is revenue or tax, will far exceed the Torch Group, but the investment will also be huge. The initial investment will be over 1 billion RMB!"

Hearing Li Dongling's words, Wu Yaoguo's eyes flickered. A project that could far exceed the Torch Group, how could it not make Wu Yaoguo's heart move.

The Torch Group had become the most successful investment since Wu Yaoguo took charge of Hanxi State Investment. Since it started production in the second half of last year, in less than half a year, the Torch Group had achieved profitability!

Not to mention how many jobs the Torch Group provided. Compared to how much money it made, jobs, taxes, etc., were even more important to Hanxi State Investment. Just one Torch Group project made Hanxi State Investment's waist harder than a notch in the entire province!

Now, which city in Hanxi didn't offer Wu Yaoguo? They wanted Hanxi State Investment to invest a few projects locally, preferably projects like the Torch Group, which could make money and solve jobs. How could they not offer Wu Yaoguo?

"Hanxi State Investment is willing to invest, but..."

Wu Yaoguo said with burning eyes, "Hanxi State Investment, what we want to invest in is not just this chip production plant, but also the Dongxin Semiconductor company!"

Li Dongling looked at Wu Yaoguo with a strange look, a bit hesitant to speak. Li Dongling would certainly not refuse Wu Yaoguo's investment in Dongxin Semiconductor, and even wished for a few more big financiers.

Li Dongling didn't know if Wu Yaoguo had an illusion, thinking that Dongxin Semiconductor was a sweet pastry and wanted to come and share a piece of the pie.

How Dongxin Semiconductor will be in the future is hard to say, but in these few years, it is definitely a money-swallowing beast. When it hasn't caught up with the latest chip technologies of Intel, Texas Instruments, Qualcomm, etc., it can only keep burning money and cannot stop its pace at all.

Dongxin Semiconductor's chip department, plus the lithography machine it hasn't announced, plus the chip production plant, these three are proper money-swallowing beasts. If Wu Yaoguo wants to come in, he has to smash a lot of money!

"Dongxin Semiconductor certainly welcomes Hanxi State Investment's investment, but in the short term, it may not get a return. I hope Hanxi State Investment will not regret it..."

Before Li Dongling finished speaking, Wu Yaoguo said heroically, "I, Wu Yaoguo, don't say anything else, but the matter of placing a piece and not regretting it, willing to bet and lose, can still be done. If it really loses money, I, Wu Yaoguo, will admit it. No one stipulated that the position of General Manager of Hanxi State Investment must be held by someone surnamed Wu!"

"A gentleman's word!"

"Is hard to chase even with four horses!"

Li Dongling reached out and shook hands with Wu Yaoguo. It seemed that Wu Yaoguo was impulsive, but only Wu Yaoguo himself knew the inside story.

Investing in Dongxin Semiconductor, whether it makes money or loses money, is indeed hard to say, but Wu Yaoguo knows one point: if the first domestic computer chip is really made by Dongxin Semiconductor, then for Hanxi State Investment, this investment of smashing money into Dongxin Semiconductor cannot lose money!

The revenue may be lost, but as long as Hanxi State Investment reports that Hanxi State Investment invested in the first domestic computer chip, and the money lost, who dares to say he is not, and who dares to say he shouldn't have invested this money?!

People like Wu Yaoguo in this position indeed need to look at Hanxi State Investment's revenue to judge his ability and performance, but sometimes, it is not just looking at those. In the final analysis, he also has an official status, and this point is more important than the former! ===== CHAPTER 488 =====