Chapter 1114 Treasure Company

After a whole night, Ning Jing felt that she was really sitting there like a fool. She, who was not a vase, became a vase, while Du Zhiqiu, who was more like a vase, had nothing to do with a vase.

Finally, Ning Jing said with some emotion:

"I used to think that Zhiqiu's achievements were more created by Chen Changliu, and I was jealous of grandpa and grandma's preference for him.

But today I know that some love needs to be fought for by oneself.

Brother Wenlong, I listen to you........."

Chen Changliu and Du Zhiqiu didn't care about the opinions of several people tonight, because at their current height, they have passed the stage of needing others' recognition, but they are the ones who recognize others.

"Husband, Mom will be back in Beijing tomorrow. Will you call a meeting with the people from the big families tomorrow?"

"Yes, I have already notified the big families. We will meet in my uncle's private club tomorrow.

This time, the harvest battle has ended perfectly. It's time to divide the cake!"

Speaking of this, even Chen Changliu couldn't help showing an excited expression on his face, because this money was his own, not the flower-growing family's, which could just solve the problem of his and Hand in Hand venture capital's shortage of funds.

Yes, although Chen Changliu controls the flower-growing family technology company with an annual income of nearly 10 billion yuan, due to the equity model, the money he gets every year is just enough to invest in Huacheng International before it expanded.

After the expansion, it's a bit difficult.

And Hand in Hand venture capital, which is estimated by the outside world to have a total value of more than 10 billion yuan, is also short of money.

Because most of Hand in Hand venture capital's valuation comes from the equity of the companies it invests in, its current liquidity is not good, and it can't all be mortgaged.

And the money that can be mortgaged in this way is not even half, after all, many companies have not yet gone public, and their valuations are all false.

Moreover, with Chen Changliu's sense of urgency, Du Zhiqiu's joint venture will also speed up the investment in supporting enterprises, and more funds are needed.

"By the way, husband, do you want to go with me to the meeting with Jiangcheng Storage in 3 days? I will be more confident with you in such a big project."

Hearing Du Zhiqiu's words, Chen Changliu put his arm around her shoulders and encouraged her:

"Don't be afraid, this is just the first meeting. Besides, aren't there Mr. Zhang and Feng Lin going with you!"

Du Zhiqiu thought about it and nodded.

"Well, I know, is this company worth our investment of more than 5 billion? It feels like it can't survive now..."

Yes, the total amount of this investment will exceed 5 billion, and the target is a company that can't survive.

And if it's just an investment with money, people won't care, which is why Mr. Zhang and Feng Lin went with Du Zhiqiu.

Because the investment amount this time is too large, in order to reduce the pressure, Chen Changliu brought in Zhonghuajia Technology Co., Ltd., which has a lot of funds in its account, and Hand in Hand Venture Capital and Huacheng International to jointly invest in an investment company to make a controlling investment in Jiangcheng Storage.

In this way, with Zhonghuajia Technology Co., Ltd., the first technology company in China, and Zhang Lao, an old friend, Chen Changliu thinks this trip should be smoother.

The reason why Zhang Lao was brought in is not only because he and Jiangcheng Storage are old friends, but also because Jiangcheng Storage and Huacheng International can achieve mutual success in technology, because Jiangcheng Pure helped foreign countries to manufacture 65-nanometer flash memory wafers last year.

However, as Du Zhiqiu said, the other party is almost unable to survive, so this time the difficulty is not very great.

Jiangcheng Storage, a company that outsiders don’t know at all, but it is a treasure company that insiders know.

Because this company’s storage technology is the first in China, there is nothing wrong with it.

As for why the investment amount is so high, it is because he has a 12-inch integrated circuit production line.

Jiangcheng Storage was established in 2006. Jiangcheng invested 10 billion yuan to establish and build a 12-inch integrated circuit production line, which is the product of its formal entry into the field of integrated circuit manufacturing.

At the beginning of its establishment, due to the lack of experience in wafer R\u0026D and manufacturing, Jiangcheng Storage was handed over to the company founded by Zhang Lao, Center International, for operation.

Jiangcheng Storage began to plan to make DRAM memory, but Zhang Lao's company was in great difficulty at the time, and was entangled in lawsuits with Taijidian, so he had no time to take care of the development of Jiangcheng Storage.

It happened that the DRAM industry was in a low cycle, and Jiangcheng Storage had no choice but to first manufacture 65nm NADA flash memory for the American company Spansion Semiconductor.

However, during the global economic crisis from last year to now, Spansion Semiconductor was forced to stop manufacturing orders for Jiangcheng Storage due to poor management.

Jiangcheng Storage is now on the verge of bankruptcy, and wafer companies such as Micron and Taijidian have come to discuss acquisition matters.

For a long time, Jiangcheng Storage had no wafer orders and could only survive by manufacturing some electronic products. The Jiangcheng government provided financial assistance to it many times to avoid bankruptcy.

Chen Changliu still admired Jiangcheng and Jiangcheng Storage because they never gave up the pursuit of independent innovation in the face of difficult situations and resolutely disagreed with foreign investment acquisition.

It was at this time that Mr. Zhang, on behalf of Zhonghuajia Technology Co., Ltd. and Hand in Hand Venture Capital, called the relevant leaders of Jiangcheng Storage and expressed the issue of capital injection.

Obviously, with the capital and technology, Jiangcheng Storage was willing to do so, and this meeting took place.

If you don’t know what will happen in the future, everyone will think that such a storage company on the verge of bankruptcy has nothing except an integrated circuit production line.

But that was someone else, not Chen Changliu.

Because Chen Chang knew what would happen in the future.

After Phison Semiconductor had problems, OmniVision’s image sensors in the United States began to look for Jiangcheng Storage for production, but the company was still in a difficult situation.

Until 2011, Central International planned to invest $1 billion to control Jiangcheng Storage, but due to its own poor performance, the capital injection plan was not completed. In 2013, Central International withdrew from Jiangcheng Storage.

The rest was even simpler, because after the country introduced relevant support policies for semiconductor integrated circuits, under the promotion of related enterprises, on the basis of Jiangcheng Storage, the first domestic storage company that the Chinese people are most familiar with in the future was established—Changjiang Storage.

Changjiang Storage also controlled Jiangcheng Storage, and Jiangcheng Storage subsequently provided 3D NAND FLASH technical support to Changjiang Storage.

And officially became a wholly-owned subsidiary of Changjiang Storage.

Two years later, Changjiang Storage released the Xtacking 3D NAND technology that claimed to be able to subvert the industry, and everyone who knew how this technology came from knew it.

And Chen Changliu knew that without Jiangcheng Storage, there would be no 3D NAND flash memory of Changjiang Storage, and Jiangcheng would not have another domestic head CMOS image sensor, nor HBM3 memory.

Because these are all technical and patent assistance from Jiangcheng Storage.

So it is not an exaggeration to compare Jiangcheng Storage to a treasure company.

PS: The typo was updated first and then corrected.