Chapter 2708 Make it up for him

"You don't have to pay a penny?" Gu Zanli was slightly stunned at first, and then quickly realized, "Oh, yes! It's a loan. It's the local government that provides the loan to implement the project."

Zhou Buqi nodded, "Well, it's the government guarantee for the loan from the bank. This is often the case in business. It's not about having money first, and then there are projects. It's completely the opposite. As long as there are good projects, there will be projects. You have money. If the project is good enough, people will come to you and give you money."

Gu Zanli pursed her lips and said with a smile: "Just like Ziweixing's listing, other companies that go public have to go on road shows, find connections through connections, and beg big, wealthy institutions to subscribe for stocks. There is no need for Ziweixing, our stocks are in short supply...I heard that the subscription rate may reach ten times!"

In the IPO process, you apply first and then confirm the transaction.

If it is a particularly high-quality project, the number of subscriptions applied may far exceed the issuance amount.

For example, if 10,000 shares are issued, the subscription amount of investors may reach 100,000 shares... The supply exceeds demand, which requires a lottery and investors to grab chips.

For many IPOs, stocks skyrocketed as soon as they opened, because they encountered this kind of rush for chips.

Zhou Buqi said: "What you are talking about is the subscription rate of retail investors, not a concept. Ziweixing's financing scale may reach 20 billion US dollars, and it is impossible without the participation of large institutions. Hynix's investment in China is comparable to Ziweixing's financing conditions. It’s much more harsh. Just giving guaranteed loans is not enough.”

"Well, we also need to give policies."

Gu Zanli nodded lightly. With this idea, she could basically understand what was going on. Working as a secretary next to Boss Zhou really broadens your horizons compared to girls of the same age.

Zhou Buqi said: "Yes, we need to provide policies, tax exemption for three years and half tax for five years. These are the basic funds. Hynix is ​​a high-quality foreign businessman and one of the top ten semiconductor giants in the world. It wants to implement Hynix's project , we must provide more amazing policies. Large projects such as wafer fabs require a large area of ​​land. The free land alone may be worth billions."

Guzanli was worried, "Is this worth it?"

Zhou Buqi said with a smile: "It's not whether it's worth it, but there are many places across the country that are willing to provide better investment conditions than this, and even the top foreign-funded companies are unwilling to go there. The market economy is free competition, and the government's position is For services, you have to kneel down and beg others. When the government kneels down and has a humble attitude, good projects will come, which will drive local employment and develop the local economy, and the people's lives will be rich. The government has a strong back. Straight and straight, each one is more arrogant than the other, just like my hometown in Northeast China. Who wants to leave the project there? You should know about the film and television base project I worked on, right?"

Guzanli said softly: "Yeah, I know, that was a failed project."

Zhou Buqi said: "It's the same in foreign countries. You see, ASDA is planning to build a European headquarters park in Europe this time. Places like Germany, Belgium, France, the Netherlands, and the United Kingdom are all going crazy. They wish they could regard Zhou Shaoning as their ancestor." Supply. In fact, the investment logic is the same. Whether it is Europe, the United States, South Korea, Japan, Singapore, or Australia, the richer the place, the more humble the attitude of local officials, and they want to kneel down to beg you. The poorer and backward they are. The country cares more about the dignity of the country, and is as stubborn as if someone owes them eighteen million. The quality of life of the people is not important, the face of the officials is the most important. If you encounter this kind of place, let alone go to Xinjiang. It’s time to increase investment, but you must withdraw your investment as soon as possible.”

Gu Zanli asked cautiously: "Will Hynix really invest in Liangxi City?"

"Yes." Zhou Buqi paused, "They don't dare to lie to me."

Gu Zanli pursed her lips and smiled sweetly, "That's good. It has brought such a large amount of investment to the country and may have created tens of thousands of jobs in the country."

Zhou Buqi shook his head.

It is of course very important for Lahelix to invest in China. The investment scale of US$2.5 billion... will indeed be a very eye-catching investment in the chip industry.

But chips are a technology-restricted industry.

It is impossible to drive upstream and downstream of the domestic chip industry by introducing Hynix. When Hynix came to China to invest and build factories, it would at most introduce a few low-end production lines to produce some low-end memory and flash memory.

It is difficult to produce a point-to-point effect.

The so-called point brings noodles... The most typical example is Wanda Plaza.

In a suburb, there is nothing and no economic structure at all. If a Wanda Plaza is built here, it will soon be able to surround the Wanda Plaza and turn this area into an economic core area.

It can greatly improve people's livelihood.

Many world-class large companies can produce such effects.

With the introduction of Coca-Cola, the domestic beverage market has flourished; with the introduction of Mitsui Steel, domestic steel production has rapidly increased, and it has quickly become the number one in the world.

Hynix cannot have such an effect.

Chips are hard-core technology that can be related to military applications. This has never been an industry that allows free competition. Modern weapons require chips to support them.

Without advanced chips, there would be no advanced weapons; without backward chips, there would be no backward weapons; without chips, there would be no weapons.

This is the root cause.

The development of the chip industry in many countries has been severely restricted, such as Russia, Iran, and North Korea. Mainly because of their military threats, the chip industry has become a restrictive industry, prohibiting the free circulation of technology.

Zhou Buqi cannot change this situation.

No one doing business can.

To bring Hynix over, the most you can do is to gain some good reputation, provide some jobs, and create some wealth. If you want to really rely on Hynix to make up for the shortcomings in the industry and achieve the effect of one point to the whole, there is no such realistic condition at all.

In comparison, the next step to find help for Tesla's supply chain and attempt to cooperate with LG is the business that Zhou Buqi is more concerned about and cares about, and it is also the business that he has the ability to promote.

In the afternoon, Zhou Buqi and his party were going to LG Chemical for investigation.

LG Group is also a major chaebol in South Korea. Currently, LG's core business is mainly in the electronics field. LG's refrigerators, color TVs, air conditioners, washing machines, including smartphones, TVs and other products are very competitive internationally.

However, a large number of domestic companies are rising in these fields, especially Haier. Haier refrigerators have almost eaten up the share of previous LG refrigerators in the European market.

In the face of cost and manufacturing, LG cannot be a rival to domestic white goods giants. It's a pity that many domestic consumers have not caught up with their understanding and think that LG refrigerators and Siemens refrigerators are better, while Haier refrigerators are just low-end products...As everyone knows, in overseas markets, Haier has already beaten them down. However, these foreign brand refrigerators seem to be high-end products in China and have more brand value than Haier.

Not to mention products such as smartphones and computers. China has built a complete supply chain system in these fields.

LG is very worried.

what to do?

Where is the way out for the future?

In the field of home appliances and electronic products, LG's competitiveness has become worse and worse... Under this general situation, LG Group has placed its core strategy on LG Chem.

LG Chem produces some chemicals.

The latest project is to produce power batteries for electric vehicles. Currently, they have cooperated with General Motors to provide power batteries to General Motors.

But in the field of electric cars, there is only one symbol, and that is Tesla.

LG Chem wanted to become a supplier to Tesla, but Musk focused on Panasonic and ignored the Koreans. Gu Jia, a member of the LG chaebol, heard that Boss Zhou was very active in the Korean market, so he placed his hopes on him. Invitations were sent out many times to invite him to LG Chem for research and as a guest.

This time, Zhou Buqi finally agreed.

Speaking of the Gu family of the LG chaebol, it is also a mess. Now LG Chairman Koo Bon-moo is the third generation. He is over 70 years old and his health is not very good.

This involves the issue of inheritance.

However, Gu Benmao's son died early, so he adopted his brother's son and became his adopted son. This adopted son had many disputes over property inheritance with Koo Benmoo's two biological daughters.

But Gu Benmao is very traditional. He wants to follow the Gu family's family practice and hand over all the wealth to his son to inherit. His daughter and wife will not have a penny, and the internal fighting will be fierce.

However, Koo Bonmoo is still alive after all.

Although there is a risk of civil strife on LG's side, it is much better than SK's where the president was arrested and imprisoned.

Judging from the attitude of receiving Zhou Buqi, the sincerity was not as full as that of the Cui family. There were also beautiful women who received her, all of whom were employees of the company...but not women from the Gu family, so they were somewhat off-putting.

After Zhou Buqi made his appearance, he shook hands with them one by one.

Koo Benmoo asked in not so standard English: "I heard that you are in a lawsuit with Apple?"

"Me?" Zhou Buqi reacted and realized that the other party was talking about the lawsuit between Asda and Apple. He smiled and said, "Yes, there is some misunderstanding."

Koo Bonmoo showed his kindness when he came up, "Do you need my help? The battery cells for the iPhone are provided by LG Chem. We can help you talk. I think the sooner the lawsuit with Apple ends, the better. The iPhone is in the Korean market." With such amazing sales, I don’t think Asda will be a rival to Apple.”

Zhou Buqi's hand was always held by him, which felt a little awkward.

Fortunately, the other party is very old, almost the same as his grandfather, and this kind of care from an elder to a younger generation is not too abrupt.

Zhou Buqi smiled and said, "Fortunately, the differences have been resolved."

"Ah?" Gu Benmao was a little surprised, "Really?"

Zhou Buqi said: "Really, the two sides will gradually withdraw their lawsuits globally and have reached a settlement. There are no fundamental differences in the first place, just some minor misunderstandings."

He maintains a good relationship with Apple, and Ziweixing has cooperated with iPhone early.

The reason why Apple and Asda recently launched a lawsuit was because Zhou Buqi was forced to do so.

Zhou Buqi holds the domestic trademark rights for “iPad”.

Apple wanted to buy it, and he offered $650 million.

This really pissed Apple off.

How can there be such a thing?

After several failed coordination attempts, Apple took action and took action against Asda, saying that Asda had infringed many of their intellectual property rights and wanted to start a fight.

The two sides fought for several months, each paying tens of millions of dollars in legal fees.

In the end, Zhou Buqi came forward, compromised with Apple, and sold the trademark for US$80 million. Asida and Apple signed an out-of-court settlement agreement.

Of course, what Zhou Buqi doesn't care about is not the $80 million fee.

It is an out-of-court settlement agreement.

After this agreement is signed, the threat of the patent stick hanging over Asda's head no longer exists. In the future, Apple will no longer be able to use those past design patents to sue Asda.

Koo said happily: "That's great. I'm really worried that Asda will be involved in a long lawsuit with Apple like Samsung."

Zhou Buqi smiled and said, "It's all solved."

Koo Benmoo said with admiration: "Either we are world-class entrepreneurs, if the Li family of Samsung had half your wisdom, they would not be dragged into this by Apple."

"No, no..." Zhou Buqi quickly became humble, "Samsung's senior Li Jianxi is the role model I have always followed."

Even though LG and Samsung are mortal enemies, try to do as little as possible to speak ill of people behind their backs.

The two parties walked into LG Chem's corporate headquarters.

The first thing to visit is the battery pack for smartphones.

Koo Benmoo is quite old and not in very good health, but he personally served as the commentator and gave some explanations to Zhou Buqi. He talked a lot and then added, "We supply the battery cells for the iPhone." of."

"oh."

Zhou Buqi heard what the other party meant, but remained calm.

Gu Benmao had no choice but to lean down and said with a smile: "LG's batteries are the best in the world, and the price is very reasonable. If Asda's mobile phones can use our batteries , I believe it can be more competitive.”

"Yeah?"

Zhou Buqi didn't understand the situation and looked back at Zhou Shaoning.

He came over and whispered a few words in his ear.

Asda's Aster series, which are high-end models, use Sony batteries; Motorola series, which are mid- to low-end models, use domestic ATL batteries.

Finally, Zhou Shaoning added: "Reject him."

Zhou Buqi didn't know what was going on. Of course he had to follow Zhou Shaoning's arrangements, so he was very embarrassed to explain, "The cooperation contract has been signed for several years, and it is difficult to adjust the supply chain in a short period of time. But it doesn't matter. When the time comes, we will definitely give priority to LG batteries."

Gu Benmao's heart suddenly "thumped".

During the establishment process of Hynix, LG Semiconductor was integrated. This means that LG has a large stake in Hynix and once fought with SK for control of Hynix.

LG remains a director of Hynix.

Therefore, LG’s furniture makers are very aware of the cooperation between Hynix and Asda.

This isn't quite right.

Asda's mobile phones and flash memory chips were all promised to be replaced by Hynix... The supply chain system was adjusted as soon as it was said to be adjusted, and it was not difficult at all.

Why is it so troublesome to get LG batteries?

Could it be that……

Gu Benmao was very worried.

The Cui family of SK, in order to please Boss Zhou, reportedly gave him some of their shares in the entertainment idol agency at cabbage prices. This is not only giving away money, but also giving away the beauty of the idol group.

What a beauty, how could a young man like Boss Zhou not like her?

As South Korea's top chaebol, LG Group certainly has some resources in the entertainment industry. Should we, like the Cui family, give the world’s richest man some beautiful young girls?

Gu Benmao glanced at the four beautiful little secretaries Sun Wanran, Mai Feixue, Gu Zanli and Zhang Zetian who were following Zhou Buqi, and he understood.

Um!

It seems so!

You have to act quickly to make it up for him!