Despite this, Yi Anguo couldn't manage everything. He decided to establish the company first and set other matters aside for the time being.
We'll cross that bridge when we get to it, he thought. A way to overcome these difficulties is bound to appear.
It was just like the current situation with Central International Company. Confronted with immense resistance and pressure, Zhang Jing was ultimately forced to leave. But did the company collapse? On the contrary, it only grew bigger and stronger.
To demonstrate his sincerity and his desperate determination to recruit talent, Yi Anguo personally went to the airport to welcome Liang Song.
Afterward, the two men engaged in a face-to-face discussion. Yi Anguo spoke candidly, "I want to invest in the semiconductor chip industry, not to earn a huge amount of money, but to contribute to our country's technological development."
"I personally don't know much about high-tech, so I'll only be responsible for the investment. As for the company's operations, development, and R&D, if you're willing to join, Mr. Liang, then I will leave everything entirely in your hands.
"I know you are a man of great ambition, Mr. Liang. I guarantee that after you join, you can freely pursue your goals and showcase your talents. No one will hold you back; you will have the final say in everything."
Liang Song was somewhat surprised. "Why do you trust me so much? You're handing me an investment of over a billion US dollars. Aren't you afraid it will all go down the drain?"
"Don't employ those you doubt, and don't doubt those you employ. I believe in your character, Mr. Liang. I'm certain you won't disappoint me," Yi Anguo stated with conviction. "As long as you're willing to come, the CEO position of the future company is yours."
"It seems Mr. Yi is a straightforward man! In that case, I won't be coy. Here's to our successful cooperation."
The two then discussed the detailed articles for the company's incorporation. The company would be named Huaxin Semiconductor Limited, registered in the Cayman Islands. This was similar to the path Central International Company had taken. Once the company was registered, they would approach the relevant government departments to negotiate the purchase of land to build a factory.
The authorities took this investment very seriously. It wasn't just because it involved over a billion US dollars, but more importantly, because it was a high-tech semiconductor enterprise, much like Central International Company. Shenzhen's future industrial development was centered on fostering high-tech industries.
Furthermore, the CEO of Huaxin International, Liang Song, was no nobody. He was a senior executive from a renowned integrated circuit firm in Taiwan.
Despite this, the detailed negotiations could not be completed overnight. Yi Anguo sent his assistant to help with the various investment procedures and talks. Because the company was registered in the Cayman Islands and wholly owned by Hong Kong Hualong Investment Company, Huaxin Company was unequivocally a foreign-owned enterprise, entitled to various preferential terms and tax incentives. Moreover, since it was precisely the kind of investment project Shenzhen was eager to attract, the city's various departments gave it special attention.
In the blink of an eye, the year 2007 had arrived. On the eve of the Spring Festival, Ding Jing gave birth to a baby girl for Yi Anguo in a Harbor Island hospital. They named her Yi Meifeng. Yi Anguo had originally wanted to name her Yi Jinfeng, but Ding Jing strongly objected, finding the name tacky and unpleasant. So, they settled on Yi Meifeng.
He had planned to go back home for the New Year celebration, but with Ding Jing having just given birth, it seemed wrong to leave mother and daughter behind. That plan would have to wait.
Meanwhile, Shenzhen approved a grant of 500 mu of industrial land—approximately 82 acres—to Huaxin Company for its factory construction. Additionally, an adjacent plot of land was approved for the construction of Huaxin School. This was a condition Yi Anguo had added at the last minute. The city of Shanghai had provided the same benefit to Central International Company, so it was not an excessive request. If Shenzhen couldn't meet their conditions, Huaxin wasn't obligated to invest there. Cities like Guangzhou, Dongguan, and Beijing would surely welcome Huaxin International with open arms.
Liang Song and his team returned to Taiwan for the New Year. Although the land had been allocated, construction on the factory would not begin until after the Spring Festival. However, Huaxin Company's 1.5 billion US dollars had already been deposited into its account.
At this point, Yi Anguo's international crude oil futures account still held over one hundred million US dollars. Previously, the price of international crude oil futures had plummeted from 77 to 56 US dollars over two months, earning him a massive profit.
Initially, he held thirty thousand short contracts, which earned him 630 million US dollars. Then, when the price fell to seventy-two dollars, he shorted another twenty thousand contracts, making 320 million US dollars. When the price dropped further to sixty-eight dollars, he added another thirty thousand short contracts, earning another 360 million US dollars.
Finally, when the price hit fifty-six dollars a barrel, he reversed his position and went long with fifty thousand contracts, ultimately earning another 300 million US dollars. However, after falling to fifty-six dollars a barrel, the price rebounded to sixty-one dollars. This proved to be just a minor correction, and the price began fluctuating between fifty-six and sixty-one dollars a barrel.
After withdrawing 1.5 billion US dollars for the company, Yi Anguo's account was left with just over 160 million US dollars.
But that was more than enough. Amid the continuous fluctuations in oil futures, he followed the trends, buying high and selling low, generally keeping his positions to around ten thousand contracts. By Christmas Eve of 2006, his account balance had grown to 310 million US dollars.
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