If we were to select the top ten major news stories in China this year, perhaps today's events would not necessarily make the list, but if we were to select the top fifty, the commencement of production by East Asia Mingyu Integrated Circuit Manufacturing Co., Ltd. would definitely be on the list.
After a year of overtime construction and overcoming numerous difficulties, the chip manufacturing plant passed the wafer trial run and today is the day it officially goes into production.
Red flags were waving inside and outside the factory, there were huge crowds of people in front of the rostrum, slogans were hung under the balloons floating in the sky, and passionate music was playing from the factory's loudspeakers.
A huge banner was hung on the factory gate behind the rostrum, which read "Groundbreaking Ceremony of East Asia Mingyu Integrated Circuit Manufacturing Co., Ltd. and Chip Production Line Commissioning Ceremony."
Si Mingyu, Boss Ali Ma, Penguin Pony, Dami Leibus, Character Zhang Yiming, Boss Chen of Bizhan, Senior Brother Liu of Jinggou, Ding Sanshi of Zhuchang, Boss Wang of Huangpao Meal Delivery Group, Senior Brother Cai of Genshin Impact, Boss Li of Qianbaidu, representatives of Berkshire Hathaway, and twelve shareholders were all present to attend the commissioning ceremony.
Official departments such as Development and Reform, Science and Technology, Industry and Information Technology, and Commerce all sent leaders of sufficient rank to attend the ceremony. The top leader of Shanghai and shareholders of the chip manufacturing company jointly presided over the ribbon-cutting ceremony.
Such a major event naturally had to be reported in full by the media. In addition to the official interview with the headquarters, Shanghai TV and online platforms such as Penguin, Douyin, and Coin Station also broadcast the entire event live.
As the boss and major shareholder, Si Mingyu naturally spoke first: "Dear guests... I thank all government departments for their support to our company... I thank the many upstream manufacturers for their support over the years... I thank the workers in construction, installation, and other positions for their hard work and overtime... Finally, I hope to contribute my humble efforts to the chip manufacturing industry."
The three-minute speech was simple and covered all aspects.
Next came speeches from Shanghai's top leader and several ministries and commissions. Their speeches were also brief and pragmatic, full of expectations for the development of the domestic chip manufacturing industry, and they also expressed their support for the East Asia Mingyu Chip Manufacturing Company.
As Si Mingyu pressed the start switch in front of him, the chip production line officially began operating. The entire venue erupted in enthusiastic applause and cheers, and in the distance, the sound of firecrackers could be heard.
The commissioning of the chip manufacturing plant not only meets one-third of the market demand for high-end chips, but also provides us with sufficient confidence and bargaining power when purchasing chips from outside. This is because the more we can produce ourselves, the less constraints we have from others.
Any product produced is to be sold, especially high value-added products such as chips, which can bring huge profits to manufacturers. But now our purchases of high-end chips have suddenly dropped by one-third, so major chip manufacturers can no longer maintain their previous high prices and purchase restrictions. After all, there is competition among them.
It was rare to have so many people here. After the ceremony, all leaders and shareholders moved to the conference room to hold a closed-door research meeting, soliciting opinions from industry leaders on the current development of various aspects of the Internet.
The Internet industry leaders present were all notified in advance before coming, so the prepared speeches and opinions and suggestions were all targeted, and the atmosphere of the entire symposium was harmonious.
After seeing off the leaders, Si Mingyu hosted a banquet for the other eleven shareholders.
The printing press has begun, bringing huge profits to everyone. A 100% stake will generate at least 4 billion yuan in net profit over three years, while a 5% stake will generate nearly 7 billion yuan. Warren Buffett's Berkshire Hathaway will have a net profit of nearly 13 billion yuan, and all shareholders are beaming with joy.
While companies like TSMC have already begun producing 3-nanometer chips, 5-nanometer technology remains mainstream and will likely continue for at least another three years. After three years, it will simply move from high-end to mid-range. While unit prices will decrease, shipments will increase, and revenue won't change significantly. Otherwise, why would anyone here, with their savvy, rush to invest at the slightest sign of trouble?
The internet economy is indeed profitable, but for these large conglomerates, diversification is also part of their strategy, especially in the chip industry. Even the most powerful internet companies cannot do without data centers and servers. Saving even a few dozen yuan on a single chip can significantly reduce overall costs.
Si Mingyu also took this opportunity to propose building his own data center. This was something the internet giants present hadn't anticipated. After all, the East Asia Mingyu Group wasn't involved in the internet industry and didn't have its own products, so building a data center wouldn't be a good idea.
But then again, Si Mingyu has the final say over the entire group company. Even if he wants to build a data center, even if it is the smallest scale among Ali or Penguin's many data centers, just to provide servers for the company's smart office, no one can say anything.
The leaders present all expressed their willingness to build whatever you want, saying they have the people and the technology. This is because these companies have already established their own ecosystems, and even if Si Mingyu wanted to enter the internet industry, it would not be able to shake their foundation. After all, everyone is accustomed to using WeChat, and everyone knows the fate of other communication apps. Many have even been forced to play by the rules or become pimps to survive, and Penguin still dominates the market.
Besides, there are so many new companies emerging in this industry every year. Even if Si Mingyu wants to try it out for fun, it doesn't matter if he is the only one. There is no need to offend him because of such a small matter.
In fact, Si Mingyu's original intention of building a data center was to serve as a server for the company's office software. He has three groups with numerous branches and at least three office systems. In order to improve efficiency, he needs to find a way to integrate them.
Besides, after the data center is built, the computing power can be rented out. Many companies rent servers from companies such as Ali and Penguin, so he can do the same.
The production of the chip manufacturing company will also bring huge profits to Si Mingyu. Based on a rough estimate of all his current industries, the annual net income is more than 100 billion Chinese yuan, which means a daily income of 300 million yuan.
How much? Not much at all.
It is said that Mr. Warren's company had a revenue of over 560 billion yuan last year, so Si Mingyu still needs to work hard. Of course, the money earned by the old man belongs to all shareholders of the company; the money he earns is his own.
Most of Si Mingyu's income comes from the real economy, and half of the real economy is high-tech industry. Although the development prospects are good, it is an industry with high investment and slow returns.
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