Tao Liangchen
Chapter 473 Thousand Core City
While squeezing in time to instruct others to busy themselves with entrepreneurial ventures, Su Yehao still found time to pay attention to the Cyberport project in Hong Kong.
He had been keeping an eye on this project. Recently, he learned that the second young master of the Li family was secretly negotiating and had already made some progress with the Hong Kong government. Su Yehao did not plan to interfere.
It was said that for the Cyberport project, the second young master Li had gone to Silicon Valley several times to investigate, and had pulled in a group of technology companies to support him.
As for whether he was really investigating Silicon Valley, or just the sea-view houses in Silicon Valley, Su Yehao thought it was hard to say.
Rather than the Cyberport project, which attempted a “public-private partnership,” he valued the Cyberport cooperation model more.
Bundling industrial parks with real estate, if done well, could make money on both ends, and seemed to be able to create a replica of Silicon Valley, which was equivalent to a high-tech industry incubator.
Hong Kong, trying to transform into a high-tech industry, seemed a bit out of its element, lacking both a foundation and talent.
Su Yehao drew inferences from one instance and gained some inspiration.
Therefore, he asked someone to get the Cyberport plan from the second young master of the Li family, and asked his assistants to quickly contact a professional consulting firm to revise it in light of the situation in the mainland, tentatively naming the project "Qianxin Zhi Cheng" (City of a Thousand Cores).
The so-called Qianxin was just a placeholder.
The core of the entire project was to focus on chip research and development and manufacturing, creating a semiconductor industrial park in the mainland, integrating research and development, production, and sales.
Of course, import and assembly could also be included.
Whether it was the fool-proof machine assembly line that the Meidi Group was preparing, or the personal computer assembly factory that Su Yehao was working on, both could be placed in this "Qianxin Zhi Cheng" industrial park that was temporarily in his mind.
In addition to the planned wafer foundry and some other projects, in terms of development prospects, wouldn't it be much larger than the Cyberport project?
In addition to semiconductors, the Internet industry could also be arranged.
At that time, some office buildings could be built as industrial parks and rented to start-ups at low prices. On the one hand, rent could be collected and the appreciation of real estate could be enjoyed. On the other hand, there would be an opportunity to get in on the ground floor and seize venture capital or private equity investment opportunities.
Although the cost was a bit high, there were many benefits. If a fire was lit in this era, there might be a chance for a prairie fire in the future.
Anyway, he was already prepared to invest money in the mainland, so since he was investing anyway, it wouldn't hurt to make it bigger...
February 23, 1999.
Su Yehao returned to Hong Kong by yacht, first sending Jiang Yu to Mid-Levels, and then taking Xiao Nizi to meet with people from PricewaterhouseCoopers Consulting at the Garden Hotel.
Sitting in the rooftop open-air restaurant, tasting authentic Blue Mountain coffee.
At this moment, Su Yehao said to the consultant whose English name was Bruce:
"I usually work with McKinsey more often. I heard that the Cyberport plan was made by your PricewaterhouseCoopers. Now I want a similar plan. I don't care about anything else, please give me a plan focusing on the general environment of the semiconductor industry in the mainland. It should be as good as possible, so that people will feel that my project can detonate the global semiconductor market and lead the future of technology after reading it."
Many people in Hong Kong have English names, especially those who work in foreign companies or have studied abroad.
Bruce was a returnee who had studied at the Wharton School of the University of Pennsylvania. He was in his thirties, wearing a Rolex watch, a suit, and a white shirt with a tie.
At first glance, he looked more like a boss than Su Yehao.
However, that was only at first glance. Su Yehao was wearing a sweatshirt and a pair of jeans, and Bruce still had to sit upright in front of him, smiling politely, and carefully asking:
"The Cyberport plan was indeed made by our company. I don't know what specific purpose Young Master Su wants to achieve with your plan? I mean, do you focus on the industrial park, or do you focus on... real estate? I communicated with your assistants before, but they didn't seem to be very clear, so I think it's better to talk to Young Master Su in person, so as not to make a plan that doesn't suit your wishes in the end."
After listening, Su Yehao explained with a smile:
"My family has enough land. This time, I really don't plan to continue investing much money in real estate. The focus must be on the semiconductor and Internet industries. Some people only focus on houses, but I don't have such short-sightedness. The industrial park itself is the key. The prospects for doing semiconductor business are much greater than real estate."
Bruce felt that he was implying someone, but he would be a fool to ask more questions, so he continued to ask:
"So, how much money do you plan to invest in this industrial park, Young Master? This is not my nosiness, mainly because the government has been attracting investment. If there are enough chips, it will be easier to negotiate."
Su Yehao hadn't considered this question. At this moment, he raised two fingers and said, "Let's start with this much. It should be enough as start-up capital. The money for building office buildings and factories can be borrowed first, and it is estimated that a prototype can be built."
"Two billion Hong Kong dollars?"
Bruce was holding a notebook, carefully recording the key details of the conversation.
"What can two billion Hong Kong dollars do? At least two billion US dollars will be invested within five years. Only then will there be a chance to build a chip foundry. Subsequent investment should be greater, but it needs to be done slowly, otherwise even I can't stand it."
After hearing Su Yehao shake his head.
Bruce and his colleagues were all dumbfounded.
An initial estimated investment of two billion US dollars, and it was just to build a prototype?
Hearing this number, Bruce finally confirmed that Su Yehao really planned to work on the so-called "Qianxin Zhi Cheng" project, instead of trying to scam a piece of land and then develop real estate as they had previously expected.
If it was just to acquire land and build houses, it would not cost as much as two billion US dollars. Only if he was really prepared to invest in high-tech industries would he burn so much money.
In Bruce's impression, the mainland was hardly related to the word "semiconductor." It was only famous for producing clothing, daily necessities, etc. Although the economy in the north had developed well in recent years, and many Hong Kong people had begun to do business in the north, the impression left on people was still a bit backward.
Therefore.
Bruce thought he knew what was going on and said with a smile:
"Young Master Su must have seen the business opportunities and is taking such a large sum of money to the north to invest in semiconductors. Being the first to eat crabs will definitely make a fortune. Congratulations in advance on your success! I have a relative who used to work in a research institute in the United States. I heard that he was studying chips. His annual salary was more than 500,000 US dollars. Wow, he was later poached by a company in Taiwan and actually earned even more."
Su Yehao just thought he was flattering himself and said with a smile:
"If they are some top semiconductor experts, it is normal to get so much salary. Once they make some achievements, the bonus may be even more. Let's not mention these for now, let's talk about the Qianxin Zhi Cheng project. Let's communicate well about what you want to know, so as not to waste time if you make a mistake."
Bruce nodded immediately, coughed, and asked, "Then let's talk about the most critical point first, where do you plan to build this industrial park?"
Su Yehao answered him:
"After looking at the map at home, I feel that Qianhai in Pengcheng is more to my liking. Although it is very remote now, the land is flat and close to water sources and docks. All aspects are more suitable. The area I want this time is relatively large. It is best to cooperate with the local government for planning and joint development..."