reborn in the fiery age

The new round of US imperialism’s interest rate hike cycle is about to begin. At this time, it is too late to welcome investors. How can it be possible to drive away the Chinese people? If they do not abide by the rules of the game, there will be a lot of trouble.

Not to mention, Huatou Group is not just a high-tech investment, they have many other cooperations with Wall Street. As Huaguo becomes more and more open, it is not in the interest of Wall Street to turn against Huatou Group at this time.

So after much deliberation, there is only one way, try to urge the Chinese people to let Tianyi Group go public, even if it can't be listed as a whole, let Tianyi go public in the investment company of the United States, so that Wall Street can get a piece of the pie.

But Kapman also understands that if they want the people of Huaguo to do this, they must exchange interests, and maybe they should go to Huaguo.

I heard that Sun set up a national incubation fund. He probably wouldn't reject a pure investor, and also helped introduce some technical equipment. Wall Street has money and power, which is their biggest advantage.

Kapman snapped his fingers, and when the secretary came in, he didn't even look at it and said, "You prepare the relevant procedures, I'm going to the capital of Huaguo."

When he got the news that Kapman was coming to China, Sun Zujie was attending the promotion meeting of telecommunications reform.With the decentralization of the central government, Sun Zujie now has huge power. In a sense, he is now almost one of the top executives with the most say in Huaguo's industrial system, so he can also get involved in such meetings.

The meeting was chaired by Mr. Hua, who was in charge of the industry. Mr. Hua severely criticized the Ministry of Posts and Telecommunications for being self-sufficient and lacking the courage to reform itself.

The main reason why President Hua is so annoyed is that the postal and telecommunications reform is very difficult. At this time, the initial installation fee of the phone is as high as several thousand, and the mobile phone is as high as [-] to [-]. .

But this time, the center made up its mind to push forward the reform, and it was also because Sun Zujie’s statement was too scary. The American emperor would complete the infrastructure construction of the data communication network by the end of this century, while Huaguo only built an experimental network. The gap is too big up.

Now everyone is starting out in the same way. It is not a fault of the war that Huaguo has no money, and the construction must not be affected by the system and human factors, so it is not surprising that Mr. Hua has such a severe criticism.

Compared with the original plan, the determination of the center this time is very large, and the telecommunications have been weakened to a considerable extent.The center requires that the SGT must realize the separation of the pipe network within one year, and the new SGT will only be responsible for management, not operation.

The operation of the telecommunications business is handed over to two companies, China Telecom and China Unicom. According to the plan, the fixed-line business of China Telecom is divided into two, and the fixed-line business of the nine northern provinces is handed over to China Unicom;

Telecom's paging business is also divided into two. The nine northern provinces belong to Singtel, and the remaining provinces belong to China Unicom. In this way, the two companies will have me in you, and you in me, and they must engage in brutal competition.

Jitong Company, which will be established by the Ministry of Electronics, will be fully responsible for the Golden Bridge Project and the construction of the Huaguo data backbone network.After the construction of the backbone network is completed, all three companies can provide data network access services.

In this way, the Huaguo Telecom market in the future will be dominated by one telecom company and become a situation where three companies compete.Telecom owns most of the solidified business; China Unicom owns most of the paging business; and Jitong Company undoubtedly has an advantage in data network construction.

The three companies have their own strengths, and the gap between them is not too big, so that the expectations of the central reform can be realized.As one of the instigators of this plan, Sun Zujie could clearly see the anger in the eyes of the director below.

It used to be that the family ate alone, but now it has become three little pigs scrambling to eat, and they can't do it unless they work hard. However, the center also gave benefits after hitting a stick. The center decided to launch the listing of China Telecom and China Unicom at the right time, so as to speed up Communication data infrastructure network construction.

From a management department to a listed company, the biggest advantage is of course the change in remuneration. If you do well, you may even have some incentive shares like Oupai Audiovisual. It depends on the ability of so many bureau chiefs here.

Chapter 564 Joint Venture Investment Bank

Of course, Huatou can no longer be the controlling shareholder of the relatively large New China Unicom, but Sun Zujie doesn't care, he still has the right to speak in New China Unicom, and these are enough.

Listening to the secretary's report, Sun Zujie was taken aback for a moment. Kapman is going to visit China, okay, I want to see him too.Counting the days, he just happened to be able to take a look at the just-launched Science and Technology Innovation Board.

In Sun Zujie’s mind, he regards the Science and Technology Innovation Board as Huaguo’s NASDAQ. He hopes that the Science and Technology Innovation Board can be driven by technological development and concentrate on climbing the peak of the industrial chain, rather than a mixture of small and comprehensive, large and comprehensive operate.Such enterprises seem to be large in scale, but in fact they do not have much competitiveness.

At this time, the attitude of the center is already obvious. Regarding state-owned enterprises, they will insist on grasping the large and letting go of the small. Huatou model.

But Sun Zujie knew that Huatou's consortium development model actually has its own particularity.He didn't intend to make so many things at first, but the country forcibly piled up so many things for him, and gradually made it into what it is now.

There are a lot of subsidiaries under the headquarters, and a lot of sub-companies under the well-developed subsidiaries. He can't manage it at all. Now it has become Lao Zheng's job. As far as he knows, Lao Zheng is also doing very well. Hard.

The biggest trouble is that with this model, there are more and more bureaucratic problems. Fortunately, the management of Huatou is still relatively young, and these problems are not obvious. However, as the scale of Huatou grows, the shortcomings It has become more and more obvious.

So Sun Zujie thought of listing, let well-run companies establish listed companies, go out independently, use incentives to enable the management to seek development wholeheartedly, and the headquarters only play the role of major shareholders, that is to say, Huatou’s contribution to subordinate companies Management has completely turned into capital management.

From 1992 to 1993, one company after another started to go public, and soon the first company on the Science and Technology Innovation Board will go public, that is Opie Microelectronics Design Co., Ltd.

This is the first large-scale chip design company in Huaguo. It is famous in Huaguo for its VCD decoding chips. Huayuan, taking this fast-growing company as the first sci-tech innovation stock, is very in line with the positioning of the sci-tech innovation board.

But Sun Zujie knew that OPPEIN's biggest contribution was not the VCD decoder chip, but several high-end chips represented by the X100 chip.

The problem is that Huaguo currently does not have a large demand for high-end chips. This is a big investment, but it is a money-losing business. But if these high-end chips are not produced, there will be no future.

Therefore, in addition to the new generation of decoding chips and telephone decoding chips, the largest part of the funds raised this time is used for the development of the next generation of X200 series chips, with the goal of reaching the technical level of Celeron.

The problem is that such a level of chip is a test of the ability of the chip designer, but with the support of the X100 chip, the difficulty of the next generation of chips should be reduced a lot.

On the morning of August [-]th, the listing ceremony of Oupaiwei officially started. Looking at the young man ringing the bell, Mr. Min felt a little emotional, "Wow, Zu Jie, the management of your company is so young!"

Sun Zujie said with a smile, "Mr. Min, if you are not young, how can you afford the work of chip design? Chip design is like building a house. You have to be young and strong to do it!"

"Haha, so that's the case, young people have to suffer a little bit. The following young men are now millionaires and multi-millionaires. I think they are worth the hardships!"

Sun Zujie nodded with a smile, "Indeed, and I think such multi-millionaires are what our country needs to promote. The more they are, the faster our country will develop!"

Mr. Min nodded and did not speak. Of course, he heard some persuasive meaning in Sun Zujie's tone, but Huaguo is now in the early stage of development, and many things can only be generalized. Now it still needs to develop, develop, and some Things are not suitable for deep study.

At this time, Kapman beside Sun Zujie suddenly asked, "Sun, when can Wall Street invest in Huaguo's stock market?"

Sun Zujie said with a smile, "Mr. Kapman, our stock market is still very immature. If a predator like you comes in, nothing will grow!"

The meaning of rejection in Sun Zujie's words was very obvious. Kapman shook his head after listening, "Sun, you need development funds."

Sun Zujie smiled again and said, "Mr. Kapman, I really feel your kindness, but Huaguo is in the early stages of development and needs a certain degree of national protection. I hope you can understand this.

After our country's financial institutions mature, we will gradually open up, and the degree of opening up will increase. "

Kapman shrugged, "Your explanation makes sense, and I'm looking forward to that day."

At this moment, Mr. Min suddenly interjected in proficient English, "Mr. Kapman, opening up has to be done step by step, please understand, but you are a guest from afar, so we cannot let you return empty-handed.

Xiao Sun, you and Mr. Kapman have a good discussion about possible cooperation matters, and see which one can be used for cooperation?I think you can set up an investment bank as a joint venture! "

The big boss said so, of course Sun Zujie nodded immediately and said yes, the matter was settled like this. In fact, the establishment of an investment bank in cooperation with Wall Street is something that the center really wants to do.

In order to develop the reform and opening up, a large amount of financing is necessary to use capital at home and abroad to develop the economy of Huaguo. This is a national policy set by the center very early.

However, it is very difficult for Huaguo enterprises to go public and issue shares overseas, so dealing with Wall Street is impossible.Since the 80s, Sun Zujie has dealt with Wall Street for more than ten years. Of course, this matter can only be left to him.

Ever since he knew that Kapman was coming, he started to plan this matter. Sun Zujie said No, and the big boss said Yes. This not only showed the big boss' decision-making power, but also allowed this matter to be handled as a special case.

Kapman was very excited when he heard that the big boss had finalized the investment bank. After ten years, he finally knocked on the door of Huaguo. Straight up!

Therefore, the Huaguo Nasdaq listing in front of him seemed tasteless. Kapman finally waited for the listing ceremony to end, and he immediately grabbed Sun Zujie to finalize the investment bank as soon as possible.

Sun Zujie asked him not to worry. For such a big matter, you should at least get in touch with other partners of Goodman Company. It means that although we have a good relationship, it doesn't mean that you can make the decision.

Only then did Kapman calm down, but he grabbed Sun Zujie's hand and said, "The joint venture company must be managed by Goodman Company, and as long as Goodman Company owns 50% of the shares, Sun, this is unshakable!"

Sun Zujie smiled and shook his head, "Mr. Kapman, the investment bank can accept the management of Goodman Company, but we need more friends so that this investment bank can grow stronger, isn't it?"

Kapman thought for a while, nodded, and left Huaguo very proudly.During this trip to China, Kapman overfulfilled his goal. Sun Zujie promised to integrate Tianyi Group's investment companies and go public. At the same time, he very much welcomes Wall Street investment funds to invest in companies invested by incubation funds.

Kapman was happy, and Sun Zujie was equally happy. What a wonderful thing it is to use Wall Street funds to develop Huaguo's high-tech industries, so he immediately called Lao Li and asked the big boss to set up a joint venture investment bank. The matter told him that the specific negotiation work will be handled by Lao Li.

Sun Zujie continued, "Lao Li, you must remember that we introduced Goodman Company in the hope that they can formulate a better work and business plan for the joint venture company to meet the needs of Huaguo's financial reform process.

But while we acquire foreign technology, capital and expertise, we must also maintain control over companies, especially industries that are related to the lifeline of the national economy. This is a matter of principle, and I hope you will keep it firmly in mind. "