"I'm being reasonable."

"I have never said that we can only rely on ourselves to support such a huge semiconductor industry chain."

“On the one hand, there are not enough funds, on the other hand, there are not enough talents, and more importantly, there is not enough national support.”

“Last year, the state issued “Several Policies to Encourage the Development of Integrated Circuits,” but at the same time, it also issued more policies for the real estate industry such as “Notice on Improving Housing Financial Services” and “Increasing the Supply of Commercial Housing and Land.” "

"Not only that, the China Banking Regulatory Commission has promulgated the "Administrative Measures for Financial Leasing Companies", and the General Office has issued the "Notice on Streamlining Administration and Delegating Power to Improve Market Access," and is also promoting the "Innovating Loans and Financial Service Levels for Small and Micro Enterprises."

"There is only one relevant policy for the semiconductor industry."

"But policies related to real estate finance and small and micro loan services are overwhelming."

"It's not that the national policy is wrong, but that the state's investment in the revitalization of the microelectronics field is indeed too weak."

"If we want to develop the semiconductor industry, the first thing we need is the country's attention and strong support."

"When the number of policies related to semiconductors and the number of policies related to the real estate and financial industry are reversed, that will be the real beginning of this industry!"

Late April, late spring.

The flowers are blooming and the warm breeze is blowing.

However, in the conference room of an inconspicuous factory in City C, no one was drowsy in the afternoon when they should have been sleepy.

At the beginning, everyone was arguing over "whether to use money to lend money" and "whether to use money to invest in real estate."

It wasn't until Ji Lengming said the above words that the argument suddenly disappeared.

Sun Biao and Zhao Lehu slumped back on the chairs, and Zhao Lehu fiddled with his hair several times.

After a long time, he said: "Since the country supports small and micro loans and real estate so much, then we should do this even more. Whatever the country encourages, we can do it. Why do we have to run a difficult track!"

"Besides, if the country is to vigorously support semiconductors, how should we do it? Just based on the voices of us ordinary people who have never even gone to college?"

Zhao Lehu's words reflected the sentiments of many people, and the conference room was filled with responses such as 'Yes', 'Yes' and 'Brother Zhao is right'.

Ji Lengming smiled and then threw out a series of numbers.

"I won't talk about responsibility for the times, glory for the country, and the backbone of the nation. Since everyone cares about profits, let's talk about profits."

"Excuse me, what is the profit of real estate? What is the profit margin of small and micro loans?"

"Everyone is investing in real estate, and housing prices are getting higher and higher. One day, there will be a time when the houses cannot be sold, right?"

"Everyone's money is pouring into small and micro loans, but the loaned money must be recovered. What should I do if there are bad debts?"

"But in the semiconductor industry, the most upstream silicon wafer market is about 100 billion U.S. dollars, but as you go down, profits grow exponentially."

"You can only make chips if you have silicon wafers, and the chip market is as high as 4000 billion U.S. dollars."

"With chips, various electronic products such as computers, mobile phones, and automobiles can be produced, as well as military supplies. The size of this market exceeds US$1.6 trillion."

"Moreover, once the semiconductor industry develops, as long as the policies don't make big mistakes and investment in technological research and development continues, it can sustain production capacity and become a pillar industry that can benefit millions of people."

"Are you really willing to give up the huge pie in the US$1.6 trillion market for the petty profits in front of you?"

There was collective silence in the conference room.

When Sun Biao and Zhao Lehu saw the 4 million in their company's accounts, they were still complacent for a long time. But when they heard the number 1.6 trillion, they immediately had the illusion that 4 million had become 4 yuan.

Everyone hopes to make money all the time, to make money continuously, and to make more and more money.

There is a word called ‘sustainable development’.

In Ji Lengming's factory, both leaders and employees should not only receive legal knowledge, but also expand financial knowledge.

They didn’t know how many times they had heard about the ‘subprime mortgage crisis’ in the past few years.

And how did the ‘subprime mortgage crisis’ come about? Isn’t it the fault of real estate?

Therefore, when it comes to ‘sustainable development’, it is indeed more appropriate to take the semiconductor route.

Invisibly, the dozens of people present were basically convinced.

Sun Biao sighed, and Gululu took several sips of water.

One last touch of mouth.

Said: "Tell me what we should do!"

Ji Lengming changed his previous tolerant and gentle attitude, but in just a moment, his whole temperament became cold.

He frowned, his face was straight, and he was quite serious.

"I just said that the country does not pay enough attention to the semiconductor industry, and if we want it to pay attention, we must make achievements in this field."

"The country also looks at profits and revenue. People are always the ones who lead the country's development."

"You have made achievements and made money for the country, and those policies will naturally be tilted towards you."

"Why support real estate and small and micro loans? Because they can temporarily make the country make money."

"That's all."

"We can't handle the entire semiconductor industry chain, and I don't intend to become a fat man in one bite."

"My idea is to choose one of the links to do."

"We are currently a very low-end 3C foundry, and our factory must transform."

"My idea is to transform into a foundry."

"Of course, we can't build large-scale wafer factories yet. We can only start with small wafer foundries."

Silicon wafers are the basic material for manufacturing wafers.

Wafers are the basic material for manufacturing chips.

And what is foundry?

It is a factory that produces the chips required by customers.

If you receive a chip order from a car company, you will produce car chips for the company.

If you receive a chip order from a computer company, you will produce the company's computer chips.

Wafer foundry is actually a company that produces chips.

The birth of a chip usually involves design, manufacturing, packaging, and testing.

Ji Lengming's wafer foundry is only responsible for chip manufacturing, not chip design.

Ji Lengming distributed a form he compiled to everyone.

Everyone who got this form felt numb.

Zhao Lehu took the form and asked Sun Biao beside him with a sad look.

"Tell me, how much does it cost to build a factory? Am I dazzled?"

Sun Biao squinted his eyes: "Let me count how many zeros there are, one zero, two zeros, three zeros... ten zeros in total."

"A total of 30 billion...US dollars."

Sun Biao slapped the form on the table on the spot.

He was so filled with indignation that his face turned red.

"Boss, we only have 4 million. Your investment in one factory alone is 30 billion, which is still in US dollars. Where did we get so much money?"

Ji Lengming expressed his understanding of everyone's reaction.

He was not in a hurry and said slowly: "It depends on state funding."

"At present, the state's total support funds for the integrated circuit sector are 1300 billion, and I will take 300 billion from it. Isn't that excessive?"

Sun Biao, Zhao Lehu and others were obviously stunned.

"Then...then why should I give 300 billion to you and not to others?"

Ji Lengming's lips curled up.

"Just because I was trapped in Longshan, hundreds of thousands of people came to support me."

"Just because we do things for the people, we have high prestige among the people."

"Just because we...have the hearts and minds of the people!"

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