Back at the villa, Xing Baohua took a shower and rested for about two hours before going to Haina and Huahong.
He's been hiding from the major incident involving him, refusing to answer many calls. It's time for him to step forward, return the calls, or meet with those who care about him.
They say true friendship is revealed in times of trouble. He didn't show up during this major event, but the bank was the most concerned about him, calling him three times a day, all of which Xie Yingying turned down.
After hearing the report, Xing Baohua thought helplessly, "Could this be considered a disguised debt collection call?"
Upon arriving at Haina, Xing Baohua instructed Xie Yingying to go to the former office of her secretary, where the office staff would show her around, introduce her to her colleagues, and then give her a phone call.
Xing Baohua entered the office and called Yu Shenghai in.
As soon as Sheng Hai entered, Xing Baohua began giving instructions: "Arrange for a few reliable veteran employees to register a high-tech medical equipment R&D company in Singapore. I'll provide a list of production equipment, and we'll purchase the equipment globally under the name of that medical company."
"Which research direction should we focus on?" Yu Shenghai asked.
“Magnetic resonance, strong magnetic field or strong magnetic field,” Xing Baohua replied.
"This... is from the experts' perspective."
"Spend money to hire them! Team up with Nanyang University in Singapore, gather a few professors, PhDs, master's students and the like to form a small team, and give them a few million US dollars to work on it. Remember, the key here is that you must find a way to get the equipment."
Xing Baohua mentioned the equipment several times, and Yu Shenghai immediately understood that research was secondary.
"Are you going to take the equipment back to the mainland?"
Xing Baohua shook his head slightly and said, "If we move it inland, what a huge impact it will have! So many eyes are watching. Just do as I say first."
Only a fool would retrieve it; reverse engineering is the best solution.
After Yu Shenghai left, Xing Baohua started calling back senior managers at various banks, and it took him more than an hour to finish talking to these guys.
We've talked to several banks that we're considering, but the only one left is Mitsui Tousaburo, the representative of Mitsui Bank.
It wasn't that I forgot; it was intentional.
The main reason for putting Mitsui Fujie last was that I wanted to have a face-to-face meeting with him.
Wafer fabs require a lot of equipment, yet about 40 percent of that equipment is in Japan.
This is where the broker Mitsui Fujii comes in handy. Xing Baohua plans to proceed in two steps: first, to purchase a large amount of equipment in accordance with the construction of the wafer fab; and second, to secretly establish a superconductor research institute.
The equipment for the secret superconductor research, as I just mentioned to Yu Shenghai, involves establishing a medical research and development company in Singapore and using the guise of magnetic resonance imaging research to purchase the relevant equipment.
It would be great if the research succeeded, as it would allow us to enter the field of medical equipment. But it wouldn't matter if we didn't succeed; the money was just a pretext to buy equipment.
Xing Baohua sought out Mitsui Fujii primarily because he wanted to obtain certain laser and semiconductor equipment from Mitsubishi Heavy Industries.
Nikon manufactures lithography machines, but it is not a manufacturer of all semiconductor equipment; it also relies on equipment from other manufacturers for many other things.
Mitsubishi Heavy Industries produces top-of-the-line ion implantation and electron beam equipment.
Moreover, most of this equipment is used for military purposes. Buying it through normal channels? Don't even think about it. Even without any official documents from the US, the Japanese wouldn't sell it to you.
Furthermore, Xing Baohua had another idea: to participate in the wafer fab under the name of Huahong Group. Since the financial market stabilized, Hainan Investment didn't have many high-profit projects.
Xing Baohua used Hainan Investment to hold a shell company, which was specifically used to purchase these important pieces of equipment and resell them to the wafer fabs he invested in.
In this way, the shell company wholly owned by Hainan became a middleman. By increasing the price of the equipment by one or two times, profits were made.
Spending shareholders' money and then putting it into their own pockets—that's how it's often done.
As for whether the shareholders are happy or not?
We could tolerate it in the early stages, but we couldn't continue like this later on, otherwise the shareholders would really rebel, or even unite with other shareholders to kick him out.
Once the wafer fabs are stable, the shell company's mission will be accomplished.
So, Xing Baohua called Mitsui Fujisaburo and asked him to come to Haina's office.
Mitsui Tousaburo arrived quickly, and even brought some small gifts.
Xing Baohua didn't like listening to his insincere greetings and went straight to the point, saying that he wanted to set up a shell company, give him 5% of the shares, and help him purchase the equipment he needed.
The sheer size of the wafer fab and its numerous powerful shareholders filled Mitsui Fuji with envy. He wore a smile, but a bitter taste lingered in his mouth.
Ever since Xing Baohua got involved in that satellite project, Mitsui provided him with 3 billion yuan. The satellite project failed, but Xing Baohua did manage to set up an aircraft manufacturing plant. That's acceptable.
Now that he wants to build a wafer fab, the amount of capital required is even greater, and Mitsui Bank can't provide him with much of a loan, at most a little over a billion.
It's not that they don't want to give more, but Mitsui Bank is also strapped for cash, not to mention that this guy has the highest risk warning within Mitsui Bank.
In other words, we can't lend money to this guy anymore. Just like the big incident a few days ago, Xing Baohua died, and Mitsui Bank suffered a huge loss. It's still unknown how much money can be recovered.
Mitsui Fujisaburo will continue to monitor the progress of the wafer fab construction and report back to Mitsui Bank as needed.
If the risk assessment department also sees potential in the wafer fab project, they will take the risk of providing Xing Baohua with a sum of money.
Next, Xing Baohua gave Mitsui Fujisaburo a list of equipment and asked him to find a way to acquire it. Regardless of the method, the middleman's shell company had given Mitsui Fujisaburo a 5% stake.
There are still solutions. Think about how Toshiba sold five-axis CNC machine tools to Russia back then.
Mitsui Fujisaburo took the list and looked at it, feeling quite troubled. After all, there were many pieces of equipment that belonged to the category of military manufacturing. These things could not only manufacture civilian products, but were also quite powerful when used in the military.
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