Chapter 548: If You Miss This Village, You Won't Find This Shop

Listening to Li Dongling's words, it seemed that the choice was handed to Wu Yaoguo. Whether to invest in Dongxin Semiconductor or not, whether to fall into this big pit or not, let Wu Yaoguo choose for himself.

Wu Yaoguo smiled helplessly. Did he really have a choice? Investing in Dongxin might lead to a total loss. Dongling Gao Ke clearly couldn't hold it, otherwise, it wouldn't have introduced Hanxi State Investment to burn money for it.

But was Wu Yaoguo really willing to give up this investment?

As the head of Hanxi State Investment, earning money and increasing income for Hanxi Province is one aspect, but on the other hand, Wu Yaoguo also couldn't get rid of fame and profit. He is also a person in the officialdom.

What is history? Opening history books, they are almost all imperial annals and kings, generals, and ministers. Whether domestic or foreign, history is composed of these people and people in officialdom. A hundred years later, most of the people of this era will be forgotten. People in later generations can only know the names of those people in history books. Who doesn't want to leave their name in history?!

Wu Yaoguo doesn't dare to expect to leave his name in national history, but opening history books in some subdivided fields, for example, when mentioning the history of the development of the domestic technology industry, the name of Hanxi State Investment will appear.

And when the Hanxi Provincial Annals review the pillar industries of this era, mentioning a sentence that one of the Hanxi semiconductor industries is represented by companies invested by Hanxi State Investment in Dongxin, then for Wu Yaoguo, being able to let the people of Hanxi know what he has done is equivalent to the "sealing of the wolf and living in Juxu" for a military general for a person in officialdom!

For Hanxi State Investment, if Dongxin's chips really mass-produce domestic chips and really launch domestic modernized lithography machines, then as Hanxi State Investment, which invested in Dongxin, what kind of status will it have among a group of domestic state investment companies? Similarly, to what extent will Wu Yaoguo's status be improved?

Of course, if Dongxin Semiconductor starts to make a profit, then Hanxi State Investment will also get huge returns.

Just like when investing in the Torch Group, the Torch Group has already started to make a profit, but even if it doesn't make a profit, Hanxi State Investment has ways to get returns. It doesn't necessarily have to rely on dividends. As long as it operates the Torch Group to go public and hypes the stock price high, Hanxi State Investment can cash out the shares held in the Torch Group to get its capital back.

Not only Hanxi State Investment, but the Economic and Trade Commission, Development and Reform Commission, and local urban investment companies everywhere are basically using this routine. Supporting a company, as long as it can be operated to go public, there is a great hope of getting capital back. This is also the reason why local governments everywhere in his past life were desperately sending local companies to go public.

For Wu Yaoguo, there is risk in investing in Dongxin, but it's not to the point of having no chance of winning, it's just that the money that needs to be smashed in is probably a lot.

But if it is done, then Hanxi State Investment will become a famous investment group in the country and even in Asia, and he, Wu Yaoguo, will basically be completely deified in the circle of state investment.

In the future, as long as news in Hanxi Province mentions the semiconductor industry in Hanxi Province, it will have to mention Wu Yaoguo.

Laughing a few times, Wu Yaoguo's eyes swept over Wu Xinyi and others, and finally stayed on Li Dongling.

"Willing to sacrifice one's life, dare to pull the emperor off the horse!"

"Some things always need to be done. I, Wu Yaoguo, can still take responsibility. At worst, the position of manager of Hanxi State Investment will be pulled down!" Wu Yaoguo said with burning eyes, clearly having made up his mind.

Seeing this, Li Dongling nodded. Whether it succeeds or fails, no one can say well. If it were a sure thing, Dongling Gao Ke wouldn't need to pull in foreign aid for Dongxin Semiconductor; it could just do it alone.

But if Dongxin's chips and lithography machines are done, then the returns obtained by Hanxi State Investment will also be huge. The title of the first state investment in history and the most visionary state investment group in the country will belong to Wu Yaoguo, and even his status in Hanxi will reach an astonishing level.

For the future official career, for Wu Yaoguo, who is only in his forties this year, the ceiling above his head no longer exists, and even a group of departments like the Economic and Trade Commission, Development and Reform Commission, Finance, and Commerce in Yanjing have also opened their doors to him. By the time he retires, no one can guess how long his titles will be.

For people in officialdom, there is risk, but the returns are also huge. If you want glory, you must have the courage to gamble everything and be mentally prepared to count stars in the Youth Palace!

"Dr. Lin, if Dongxin Semiconductor builds a chip production base, how much is it expected to invest?"

Li Dongling turned to ask Lin Benjian. Wu Xinyi, Wu Yaoguo, Zhou Shi, and others all looked at Lin Benjian.

"If we follow Dongxin's current needs, we will launch 6-inch wafers, with a chip production process of 450 nanometers. Technically, it can be achieved. If we build a chip base, the monthly production of 6-inch wafers will be about 8,000, and the investment will be over 200 million USD!"

Hearing the construction cost of 200 million USD, Wu Yaoguo's brows twitched fiercely. An investment of nearly 1.6 billion RMB, although the Torch Group also claimed to invest 1 billion, that was a slogan, just shouting, and it was divided into several phases of the project, spread over several years. In fact, the early investment was far from that large.

But Dongxin's chip production base is different. This investment of 200 million USD must be smashed in, and then it can start trial production slowly.

But Lin Benjian's words were not finished. "If we build a chip production base, there may be accidents. We need to purchase equipment from abroad and hire engineers. These costs may fluctuate."

"However, chip technology and processes change very quickly. This year's technology may be outdated next year."

Lin Benjian looked at the group of people. "I suggest that Dongxin launch an 8-inch wafer project. This is the mainstream of chip factories in the future. Now, major chip companies including Intel, AMD, Toshiba, and TSMC are preparing to build or have already built 8-inch wafer factories.

If we build a 6-inch wafer factory, plus the construction time, it may be outdated from the day it is built!"

"If we build an 8-inch wafer chip production base, what is the construction cost?" Wu Xinyi asked, gritting his teeth. Even without knowing the answer, he could already hear the sound of US Dollars burning.

"This year, the 8-inch wafer factory invested by Intel in Arizona has just been completed, with a total cost of more than 300 million USD. This is still in America, and Intel uses its own chip factory technology!

If Dongxin builds it in Hanxi, hiring professional design and construction teams, plus purchasing equipment, etc., the cost may be higher. The total cost may reach about 400 million USD, or even higher!"

After Lin Benjian gave his answer, he didn't say anything more. Whether to choose a cheaper one that might be outdated as soon as it is built, or to launch mainstream technology chip factories, but the cost might exceed the standard—how to choose is not something Lin Benjian can decide. After all, he is not the big gold master who pays.

Wu Yaoguo suddenly felt his teeth sour. That's 400 million USD, and he has to take out cash. Even if Hanxi State Investment claims to be rich, it is impossible to take out such a large sum of cash.

Borrowing from banks is certain, but after it is built, whether it can get capital back is unknown. It is very likely to lose a mess, and finally, the guaranteed company will also owe a debt.

Li Dongling is also rubbing his brows. Now he understands why few companies in the country, and even in Asia, are willing to play with semiconductors. It's too money-burning, smashing out hundreds of millions of US Dollars at once, and this is not all. Later, it may be necessary to upgrade the production line. When it can be mass-produced, no one knows.

Just like a black hole, smashing money into it, whether it can see the return, no one dares to guarantee.

Li Dongling glanced at Wu Yaoguo, who also had a helpless look. This pit is even bigger than Wu Yaoguo imagined.

Li Dongling tapped the table with his fingers. If a 6-inch chip factory is built, Dongling Gao Ke and Hanxi State Investment will grit their teeth and invest. Although this investment is large, it is within the tolerance of the two companies. But it will take several years to build, and it will be outdated when it is built. If it is upgraded later, the cost will probably be even greater.

But an 8-inch chip factory, as soon as it comes up, is an investment of more than 400 million USD. Later, it may be necessary to add investment. On the one hand, the risk is too great, and on the other hand, the money that needs to be smashed in is too much. Dongling Gao Ke is not unable to afford this money, but the cash flow used is too much. Once there is turmoil, the parent company Dongling Gao Ke will be implicated.

Which one to choose is placed in front of Li Dongling. Li Dongling took a deep breath. "Dongxin builds an 8-inch wafer factory!"

Since a chip factory is to be built, it cannot be outdated as soon as it is built. It will probably be more troublesome later, and the later it is, the more difficult it will be to build a chip factory, and the cost will be higher. Now spending 400 million USD, in a few years, it may more than double, and the opponent may not allow Dongxin to build again.

"Dongling Gao Ke, Dongxin Semiconductor, and Hanxi State Investment will bear half of the construction costs, and the remaining half will be sought from other investors and bank loans!"

Li Dongling said. Such a large expense cannot be borne by them alone. It must be necessary to find foreign aid.

"Looking for other investors?" Wu Xinyi also thought hard, not knowing what helper Dongxin could choose overseas, because it is estimated that no helper could be pulled in the country.

"Walden International!"

A name was spat out from Li Dongling's mouth. As for who can be Dongxin's foreign aid and who dares to invest this money, Li Dongling thought and thought, it is estimated that only Walden International, which invested in domestic chips like SMIC and AMEC in his past life, can do it.

Pulling Walden to enter the game is not only to pull in US Dollars, but more importantly, the resources and connections behind Walden.

"Indeed, Old Chen is the most suitable candidate!"

Hearing Li Dongling mention Walden International, Lin Benjian couldn't help but clap his hands and say. As an old veteran in the industry, he is naturally no stranger to Chen Liwu, the founder of Walden International.

"If Walden International can form an investment consortium and enter the investment of Dongxin Semiconductor, the Dongxin chip production base can break ground and start construction this year!" Li Dongling said.

Building a chip production base is not something that can be decided in a few words. However, as long as investment is pulled in and a team is formed, it can start to operate.

Wu Xinyi, Lin Benjian, Zhou Shi, and others all started to get busy, preparing for the early stage.

Contacting Walden International will not have results immediately. Li Dongling stayed in the Hanxi provincial capital for a few days before returning to Pingyang first. ===== CHAPTER 549 =====