Chapter 568

The Guangwei R&D Department indeed needed to thank Li Dongling; in order to develop carbon cloth, Guangwei had already poured in a large amount of funding.

If it weren't for the support of Li Dongling, this big benefactor, Guangwei would have long since been unable to hold on. Looking at the entire domestic fishing rod industry, Guangwei was almost the only one that dared to touch carbon fiber because it was too money-burning.

If it weren't for the strong support from Li Dongling's side, Guangwei would have burned through its money and caused its capital chain to break long ago.

Having the support of such a big benefactor allowed Guangwei to dare to grind away at domestic carbon fiber. If they didn't thank their big benefactor, it would truly be unreasonable.

"Put all those baits in, pour them all!"

After setting up the Guangwei fishing rod, Li Dongling said to the staff at the Yuhe Leisure Resort fishing ground, pouring in the several large bags of bait prepared in advance, amidst the twitching expressions of the fishing ground staff.

Seeing the several large bags of bait prepared in advance enter the water, the "Nesting Immortal" nodded with satisfaction.

With so much bait thrown in, if the fish under the fishing ground didn't sacrifice their children and grandchildren to come and act as pious men and women, and sacrifice a "Li Dashanren," then these local fish would be too impolite!

With the bait in the water, Li Dongling waited for the fish to bite. It had been more than half a year since he had sat here so calmly.

Over the past half year, since the beginning of the year, Li Dongling had been busy, and until now, he had not been able to rest. Now, he finally had a bit of leisure.

With the blue waves rippling, Li Dongling, who had been focused for several hours, finally had a fish bite when he pulled up his rod. This was Li Dongling's first catch of the day.

Su Chicheng, in the rest area of the fishing ground, saw this scene and finally felt relieved. If no fish had bitten, he was prepared to hire a few frogmen with oxygen tanks to go down and hang the fish on the Li Dashanren Li's hook!

"Manager Wang, can't your fishing ground be improved? Can't you put in more fish fry? Every time I fish, it's so exhausting!"

Su Chicheng said to Wang Hanning, the general manager of the Yuhe Leisure Resort, with dissatisfaction, thinking that the fishing ground he managed was too much of a hindrance.

Hearing this, Wang Hanning also felt aggrieved: "Can this be blamed on our fishing ground? Just last week, a veteran who had just received certification from the Hanxi Fishing Association caught over a hundred catties of fish here in one morning!"

"And a few days ago, we just moved a batch of fish into the water. The fishing ground hasn't been open to the public for the past few days, just waiting for Mr. Li to cast this line. Who knew it would be so weird..."

"So your meaning is, it's not your fishing ground's fault, but Mr. Li's fishing technique that has a problem? Do you think Mr. Li is not worthy of being the president of the National Fishing Association?"

"The National Fishing Sports Association issued the first domestic Competitive Fishing Master certificate to Mr. Li. Do you think there's a problem with that?"

Su Chicheng glared at Wang Hanning with annoyance.

"No, no, no," Wang Hanning said, cold sweat about to pour down, his face bitter: "Assistant Su, you know that's not what I meant!"

Wang Hanning had already heard that Su Chicheng was about to be promoted to the Dongling Gao Ke Budget Audit Committee. In the future, the funding audit for the Yuhe Leisure Resort would also pass through Su Chicheng's hands. If Su Chicheng blocked him, it would be enough to make Wang Hanning miserable for a whole year.

"This... it's mainly because the feng shui of the fishing ground today is not very good, and there's a problem with the fish fry. I'll invite a master from the Daoist temple another day to change the feng shui of the fishing ground and replace all the fish fry below!"

Wang Hanning gritted his teeth and said. The fish under this fishing ground had lived a good life for several years since the establishment of the Yuhe Leisure Resort. To think they were still so ignorant of the rules and couldn't sacrifice a few more children and grandchildren to the Nesting Immortal who provided the supplies—was it that hard? If they didn't know what was good for them, then he would replace them with a batch of fish fry that understood the rules!

Su Chicheng pointed at Wang Hanning. He had just received a call from Dongxin Semiconductor, which was just waiting for Li Dongling's rod to catch a fish, but they had waited for so long.

If Li Dongling couldn't catch a fish with this rod, Su Chicheng wouldn't even dare to go up, fearing he would dampen Li Dongling's spirits. It had been half a year for this one rod; if he came up empty-handed, wouldn't all the blame be thrown onto Su Chicheng? Su Chicheng couldn't afford to carry this big black pot!

"Mr. Li!"

When Su Chicheng went up, he saw Li Dongling fiddling with the sharp-jawed fish he had just caught. "News came from Dongxin Semiconductor that Chen Liwu, the president of Walden International, will arrive in the Hanxi provincial capital tomorrow morning!"

Hearing this, Li Dongling threw the sharp-jawed fish back into the bucket, pondered for a moment, and said, "We will rush to the provincial capital this afternoon!"

Looking at the fishing ground with regret, Li Dongling felt that his touch was good today; he had caught a sharp-jawed fish on his first try. If it weren't for other matters, Li Dongling felt that he might have been able to catch a hundred or eighty catties today... probably, maybe, perhaps he could!

The arrival of Walden International this time was crucial to whether the Dongxin chip production base could be built. It wasn't to say that without Walden's support, they wouldn't be able to eat meat, but it might be much more troublesome. In addition, who knew how long the construction of the chip manufacturing plant would be delayed.

……

"Dongxin Semiconductor is considered a decent semiconductor manufacturer in China. There are signs that they are attempting a self-developed computer chip project!"

"But to be honest, I personally do not think Dongxin will be a good investment target. Its most famous chip right now is the 'Sirius' series, which is a landline telephone chip, equivalent only to Toshiba's technology from a few years ago!"

"Whether it's the Sirius chip or the radio frequency chip supplied for Xiaolingtong mobile phones, the technology is not considered advanced in the international chip market at all."

"It's not even as good as Intel's or Toshiba's technology from two years ago, let alone this time, wanting to build a chip production plant—it's just whimsical."

"Even if Dongxin has spent a lot of money to recruit engineers from the semiconductor industry like Lin Benjian, I still believe Dongxin's current strength is far from enough to compete with Intel, Toshiba, Hitachi, Canon, Nikon, and others."

"The most critical point is that Dongxin's finances are completely opaque. I believe there is a problem with their finances!"

On the plane to Hanxi, Walden International's investment analyst, Christo Dai Li, analyzed this to Chen Liwu. He did not think that Chen Liwu flying to Hanxi in person this time would be a good choice.

"Dai Li!"

Chen Liwu looked at Dai Li and said to him, "I trust your judgment, but in the venture capital industry, sometimes some fanaticism is needed. Rationality can never invest in a great company!"

Dai Li spread his hands and shook his head. As a venture capital analyst with a proper pedigree from a Wall Street venture capital firm, to be honest, he preferred to do things with numbers rather than some damn sixth sense, passion, or believing in a founder as investment evidence. That was almost completely different from what Dai Li had learned.

"Then Boss, are you optimistic about this Dongxin Semiconductor?" Dai Li asked back.

Chen Liwu was also somewhat hesitant. "I need to see Dongxin and meet their team before I can make a decision!"

Not to mention Dai Li not being able to grasp Dongxin, even Chen Liwu, an old hand in the semiconductor industry, was actually a bit unsure. He always felt that Dongxin seemed to be covered by a veil, making it hard for him to see clearly.

Not letting Dongxin pick them up, when Chen Liwu arrived at the Hanxi provincial capital airport, personnel from Walden International's domestic office were already waiting there.

"Mr. Chen, this is the Dongxin Semiconductor information we have compiled. In addition..."

In the car, Lin Qingyang, the head of Walden International's domestic office, said to Chen Liwu, "If you want to invest in Dongxin, you cannot bypass its parent company, Dongling Gao Ke!"

Walden International had a deep background and extensive connections in America. It had not just entered the country; as early as two years ago, with the support of the World Bank, Walden had established the Walden Investment Foundation in China.

Subsequently, it established offices in Yanjing and Shanghai to seek investment opportunities. In the past two years, Walden's most famous operation in China was Little Swan.

Walden helped Little Swan introduce the full set of Japanese Panasonic washing machine technology, allowing Little Swan washing machine technology to reach the domestic top level, and also opening the history of Little Swan dominating the domestic sales ranking of domestic washing machines for eleven consecutive years.

And did Walden make money on this investment? That was certain, and it earned more than just returns!

Just this year, Little Swan officially landed on the A-share market, becoming the first domestic washing machine stock. Walden and Panasonic, who invested in Little Swan, both made a big profit. This was also Walden's first major operation after entering China.

Chen Liwu recognized Lin Qingyang's ability and the performance of the Walden Inland Investment Foundation.

Within two years, the Walden Investment Foundation had handled the listing of Little Swan, making it the first domestic washing machine stock and exporting it to many regions overseas. Investing in Little Swan was undoubtedly a classic investment case.

It was not just the returns obtained from Little Swan; the key was that with this case, more domestic companies, including state-owned factories, would accept equity participation from the Walden Investment Foundation in the future.

Little Swan was a state-owned factory. Walden's operation almost became a model for cooperation between state-owned factories and foreign capital. Without exaggeration, it was this investment in the previous life that opened the door to China for Walden.

"When I was in America, I heard rumors about Li Dongling, the founder of Dongling Gao Ke. The Himalaya Internet Radio is quite popular in America right now."

"Himalaya Radio has just reached an Internet broadcasting agreement with the NBA and the NFL to broadcast games using Internet radio."

"The move to operate an Internet radio station is quite classic. Many business schools are studying it as a case study!"

Chen Liwu mentioned the impression of Li Dongling in America, recalling the tone Lin Qingyang used when mentioning Dongxin just now. "Is the Walden Foundation optimistic about Dongxin Semiconductor?"

Lin Qingyang adjusted his tone. "In the inland tech industry, if you want to invest, you cannot bypass Dongling Gao Ke!"

"It's hard to say how many chip manufacturers the inland will have in the future, but if you ask me to choose one chip manufacturer to invest in, then while the future is hard to say, currently it must be Dongxin, because its parent company is Dongling Gao Ke!"