Fight To the Third Generation

Chapter 575: Cash Out In Advance

The Su family’s business has always been orderly.

Moreover, it is still 1999. As the richest family in Las Vegas, they can get preferential treatment on many small issues.

For example, the “City of Thousand Cores” plan.

The land in Qianhai of Pengcheng is not too critical, it is just a tidal flat for reserve.

In addition, it involves a large amount of investment, and it is also a high-tech and real estate project that is very concerned about the above, which leads to the green light of the approval documents all the way, and the efficiency is extremely high.

The office land is expected to be calculated at the lowest price, and the factory land is half sold and half free. Even if you spend a little money to acquire the land, it can be deducted in the form of investment promotion subsidies and tax reductions in the future.

Even the establishment of a joint venture city investment development company, someone has privately said that they agree in principle, but some details still need to be discussed.

For example, they hoped that Su Yehao would spend more money to buy some land in the early stage, and then use the funds from the land sale to reclaim the sea for infrastructure construction.

Pengcheng is under construction and development everywhere, and funds are very tight.

In fact, it is not just that Pengcheng is short of money, it is the same all over the country. In the past few years, countless companies went bankrupt and went bankrupt.

There are so many bad debts in the bank that it has to find a way to set up four asset management companies, which are specially responsible for solving the problem of non-performing assets of the four major banks. Japan.

Foreign institutions have also made special analysis, and it is estimated that the proportion of non-performing assets of the four major banks may exceed 40%, or even 50%, which directly causes foreign financial institutions to dare not enter the mainland, and not many people dare to hold RMB assets.

Compared with this, many so-called crises in later generations are not even small troubles. They can only say that they are used to a good life and gradually become squeamish.

In this situation.

Su Yehao and his father have repeatedly invested heavily in the mainland market, which can be called both credit and hard work. They can play an exemplary role in the entire Southeast Asia, even the whole Asia and the world, which is very helpful to boost market confidence.

Therefore, the documents about the City of Thousand Cores plan can be given a green light all the way. No urban planning or any land auction regulations are blocked. It is specially handled in the name of a high-tech industrial park.

There is also a precedent for this approach. Back then, when Qujia, a port city, developed Nansha, the procedures were particularly smooth.

It’s just that after all, it’s not the 1970s and 1980s. This park is mainly dominated by Su Yehao, and other powerful companies can also participate…

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On the four-nine city side.

The team leader saw that the City of Thousand Cores plan had taken shape, and in the morning on the west coast of the United States, he called Su Yehao as if to take credit.

A few minutes ago, Su Yehao just looked for an opportunity to have a phone conversation with Nong Qingying who was far away in Japan, and he was in a good mood.

Knowing that the plan will be approved by the middle of next month at the earliest, he is both happy and has a headache, mainly because the funds have not yet been in place, but the above wants him to buy more commercial and residential land, and then use the funds to reclaim the sea, Road repair, construction of wharf, special funds.

After understanding the general situation, Su Yehao asked someone to send the documents to his mailbox, which listed some controversial parts.

There is not much to say about the land. It is estimated that the initial land sales will be reinvested, so I don’t have the thick skin to force people to make concessions.

The current disputes are mainly concentrated outside the plan… Some people hope to take advantage of his opportunity to enter the field of wafer foundry to solve some non-performing assets and legacy problems, such as preparing for a full seven years, and falling behind as soon as it is put into production, Huajing, which has fallen into serious losses.

In addition, Hua Hong Company, which had just put into production and suffered heavy losses, also performed poorly. Even if it adopted relatively advanced technology from Japan, it was only barely qualified.

Hua Hong only wanted him to help, but Hua Jing planned to sell it at a low price. Last year, it lost more than 100 million yuan and has fallen into bankruptcy.

Su Yehao didn’t understand the situation, so he simply called Zhang Rujing, who had gone to Texas Instruments for inspection, to ask about the situation.

After Zhang Rujing listened to it, she told her on the phone:

“Actually, last year I was invited by others, and I also helped Huajing to improve their yield rate. Later, the island did not allow me to help improve the semiconductor industry in the mainland, avoid cultivating competitors, and forcibly stopped the project. I was called away.”

“Huajing’s approval took two years, technology introduction took three years, and construction took another two years. I think Japan deliberately delayed the time in order to avoid Batumi restrictions. They generally export semiconductor technology to the mainland according to N The approval in principle of -2 means that it is two generations later than the most advanced technology. In addition to continuing to delay the time, the technical equipment obtained is usually three to four generations behind the most advanced level. It is strange to make money. ”

“Huahong in the Shanghai Stock Exchange learned a lesson and accelerated the speed of approval and construction. Unfortunately, as soon as it was put into production, the price of DRAM memory chips fell. If you want me to say, it is also possible to acquire it. A batch of workers and equipment can be used. It is also ready-made, just need to update the equipment. However, I suggest that when you invest, the first wafer foundry should preferably be located in the port city, so that there is a chance to avoid the idleness of Batumi, I am worried that others will make it bad…”

After Su Yehao heard these words, he probably knew what he said, and said:

“Okay, one step behind, one step behind, it sounds really tricky. I’ll ask people what they think about the port city later. It’s okay to accumulate some experience first. Regarding the issue of joint venture research and development of lithography machines, I also ask Mr. Zhang to spend more time.”

“It should be, within my duties, if I can see the black face of the TSMC boss, I will be very happy, that old man will not deal with me.” Zhang Rujing smiled.

……

Many plans were brought forward.

Su Yehao felt that he should hurry up and get some cash back.

As for the business of continuing to invest in Nasdaq Internet stocks~www.readwn.com~ In fact, options and futures can also be used to operate.

After checking Yahoo’s stock price trend in the past two years, he decided to cash out a batch of shares first, which accounted for 2.73% of Yahoo’s total share capital, and is expected to be able to cash out about 1.4 billion US dollars.

If someone is willing to pay a premium, maybe they can sell it for more money. With the current hot market, there is no worry that no one is willing to take over.

For this kind of transaction, it is easiest to find a buyer through investment banks, funds and consulting companies. Su Yehao called Lin Youfeng, the vice president of KOKO Ventures, and asked him to release the news first.

It just so happened that the news that Yahoo tried to buy Google for $1.2 billion, but was rejected by Su Yehao, was causing a lot of uproar in the market. This time, he chose to “cut the seat” with Yahoo, which seemed reasonable and reasonable.

After making this decision, Su Yehao thought he would feel pain, but he didn’t.

Although I know that Yahoo has the potential to continue to rise, but the market value has reached this level, there is not much room for growth, so don’t worry too much.

Take the money to increase leverage and do long Nasdaq stock index futures, the income is likely to exceed the profit brought by continuing to hold a Yahoo position. If you are really dark and wait until the stock price rises, there is also the risk that no one is willing to take the offer.

so.

After thinking deeply, Su Yehao called Lin Youfeng again and told him:

“By the way, there is one more thing. If the buyer’s offer is suitable, the other 2% of Yahoo’s stock will also be sold for me. It’s better to keep a low profile in the transaction, so as not to cause Yahoo’s stock price to fall, and wait until the sale is over before publicizing it…”