Return to Singapore 1995

After Director Mei Meng carefully asked Li Xiaofan about the planned future land use, he realized that Li Xiaofan's plan was too grand!

Li Xiaofan has previously invested in Academician Ni's Lianhai Microelectronics Design Center, Panda's domestic EDA system and other projects. Recently, he has cooperated with Dr. Zhang on Hong Kong Island to plan and build the "Silicon Port" and the Loongson eight-inch wafer foundry project.

It also miraculously attracted a mysterious team from Silicon Valley and the Mainland to create Singapore Apollo Systems Pte. Ltd. in Singapore and launched the third generation of Apollo EDA software. Let Singapore Apollo Systems Pte Ltd become a new giant that is catching up with Cadence and Synopsys, spanning front-end and back-end EDA! (Previously, all the intellectual property rights of the third-generation Apollo EDA program originally secretly developed by the core Chinese team of Avant! Pioneer Company were injected into the Singapore Apollo Systems Pte. Ltd.)

What is even more surprising is that the Cyrix company acquired by Li Xiaofan has become even more powerful after Dr. Zhang joined the company, and its process stability has been greatly increased. The newly developed new generation M3-CPU processor has greatly improved the performance of integer and floating point operations. The indicators and performance are very close to the most advanced processors from Intel and AMD. Cyrix's M3-CPU processor has again won many orders in the mid- to low-end PC market. The personal computer core CPU chip market continues to maintain a tripartite situation of Intel, AMD, and Cyrix.

From EDA software to CPU design and production, to wafer foundry under construction, and with the support of the Software Institute of the Chinese Academy of Sciences, the team led by Academician Ni is working together to develop the "Hongqi" independent operating system based on free software Linux.

Li Xiaofan plans to build a research and development center, incubator and accelerator in the Tsinghua Science and Technology Park closely surrounding the "China Core" plan.

Director Mei Meng heard it. Li Xiaofan and Academician Ni were playing an extremely huge game. They were going to PK the "Wintel Alliance" in the future!

After briefly listening to Li Xiaofan’s introduction, Director Mei said excitedly: “Director Li, we will definitely support your grand plan!”

Director Mei Meng introduced to Li Xiaofan that the planned main park of Tsinghua Science and Technology Park stretches from Qinghua South Road in the east, to the teachers’ residential area of ​​Lanqiying University and Qinghuayuan Middle School in the west, to Chengfu Road in the south, and to the south campus wall of Tsinghua University in the north. The park is divided into It is a commercial and residential area and a science and technology park. It is mainly suitable for the science and technology park east of Tsinghua Nanxuemen Road, covering an area of ​​11.6 hectares.

This year, the 120,000-square-meter starting area project was completed, and the park is beginning to take shape. At present, the park will be included in the overall plan of Zhongguancun Science and Technology Park and given key development support.

They were already planning to launch the construction of the main park with a total area of ​​570,000 square meters. It would be best if Li Xiaofan could participate.

They then negotiated a preliminary cooperation plan and discussed follow-up matters after Director Mei reported to the school leaders.

…

After discussing the Tsinghua Science and Technology Park project, Li Xiaofan visited the country and discovered another huge business opportunity.

After the Asian financial crisis, China began to tap into the domestic market through various methods, the most typical of which is the real estate market. Before 1998, there was basically no residential real estate market in China, and real estate developers were dying. Because it used to be welfare housing allocation by the work unit.

But this year is different. In order to stimulate consumption and alleviate the crisis, the state has terminated welfare housing allocation.

This summer, the state issued the "Notice on Further Deepening the Reform of the Urban Housing System and Accelerating Housing Construction", which decided to stop physical distribution of housing from that year and establish a new housing system that will monetize housing distribution, commercialize housing supply, and socialize housing. .

"Establishing and improving a multi-level urban housing supply system focusing on affordable housing" was determined as the basic direction.

Previously, the central bank sent the "Trial Measures for the Management of Personal Housing Guaranteed Loans" to commercial banks in an "urgent" manner, officially announcing their full implementation: the loan period can be up to 20 years, and the loan amount can be up to 70% of the house price.

The People's Bank of China issued the "Personal Housing Loan Management Measures" to advocate loans to buy houses. The breakthrough significance of this document is self-evident.

Li Xiaofan knew that this was an important watershed, and the era of residential commercialization had officially begun!

The real estate market has a very high degree of industrial correlation, radiating to many industries such as metallurgy, chemicals, cement, construction, building materials, finance, water, electricity, coal, insurance, property management, etc. The industrial chain is very long.

In the next step, with the process of urbanization, the real estate market in the mainland will begin to develop rapidly, which contains huge opportunities...

When he returned to his hometown of Mingzhou, Li Xiaofan called Wu Xiumei and his old classmate Lin Zhiyong to have a meal together.

Wu Xiumei reported to Li Xiaofan that the recent Asian financial crisis had a great impact on the import and export business of Mingzhou Yifan Industry and Trade Company, and the export volume dropped sharply.

Lin Zhiyong sighed, the business of the antique furniture store opened in Gubei, Shanghai has also dropped a lot.

"Xiumei, Ayong, I will give you a new business direction: developing real estate!"

Wu Xiumei was shocked when she heard this: "What, real estate? Director Li, we are completely outsiders in this business. Moreover, the houses we currently live in are basically allocated by the country of our fathers. Will anyone buy this house after it is built?"

Li Xiaofan smiled and said, "Xiumei, this country has cancelled the welfare housing distribution, and the demand for the real estate market in the future will be extremely huge! As for real estate development, it doesn't matter. Now everyone has no experience. You can go and get a piece of land and go through the development process. Won't you have experience? If you get the land, you can recruit all kinds of talents needed in the real estate development link with high salaries. I authorize you!"

...

After inspecting the branches in Beijing, Shanghai, Minnesota and other places, Li Xiaofan returned to Singapore.

In Singapore today, after the Asian financial crisis, the Lion City could not be immune. The Singapore dollar depreciated, and the stock market and real estate prices also fell by 40%. Many multinational companies that originally opened factories in Singapore also laid off employees and moved their factories to other countries.

Fortunately, Singapore has always pursued a relatively stable fiscal policy. In 1996, it had taken some real estate cooling measures in advance and was able to cope with this crisis. Unlike Thailand, Indonesia, Malaysia and other countries around Southeast Asia, the economy did not collapse one after another.

In the past, the Singapore government's expenditure did not exceed its revenue. It had a fiscal surplus every year, no debt, and a considerable amount of foreign exchange reserves, which made the value of the Singapore dollar very stable, and there was no situation like the Thai baht where the value fell and people sold it.

At present, the Singapore government has also taken many effective measures to cope with the economic downturn. One is to cut wages and other costs of employers. On the one hand, the tax rate is reduced, and on the other hand, the employer's provident fund contribution rate is reduced from 20% to 10%. After the burden on the company was reduced, the number of layoffs was reduced, and the phenomenon of high unemployment was curbed.

On the other hand, Singapore won the support of Western powers represented by the United States. The United States found that Singapore performed better in the financial crisis because Singapore's rule of law and strict supervision of the financial system prevented the economy from completely collapsing, and the political situation was relatively stable.

After seeing the United States' support for Singapore, international investors were generally optimistic about Singapore's economy and increased their investment in Singapore. Since then, Singapore has chosen to further open up its financial markets and integrate more closely with the Western economic system, becoming a bridgehead for Western capital to enter the Southeast Asian market.

The Asian financial crisis was a major test for the Singapore government's fiscal and financial authorities. After the storm, Singapore's economy recovered rapidly and became a world-recognized developed economy.

This situation is good news for Li Xiaofan at the moment. The base camp and headquarters of the Yifan Group he controls are still in Singapore. He needs this good environment to speed up the creation of his own industrial empire, especially the "Huaxia Core" project, which is of great importance.

However, after returning to Singapore, the first person to ask Li Xiaofan for help was Tang Jiaming.

Before the financial crisis, Li Xiaofan advised Brother Ming not to touch Singapore's real estate.

However, Tang Jiaming, who was full of self-confidence, still insisted on taking a piece of land in Marina Bay. Now the project has not been completed, but it has faced the severe situation of Singapore's housing prices plummeting, and Minghua Holdings has encountered problems with its capital chain. At the same time, the Tang family's coal mines in Kalimantan also encountered difficulties. Coal prices in the surrounding areas fell sharply. The original several planned power plant projects were suspended. The coal they mined was piled up like a mountain, and no one cared...

Li Xiaofan temporarily borrowed 20 million US dollars to Tang Jiaming to tide over the difficulties temporarily.

In the evening, Dai Junling called Li Xiaofan and said, "Mr. Li, Yishi and I plan to go hiking in the Atlas Mountains of Morocco next month to collect inspiration for making perfume. Are you interested in joining us?"