" It is a good project to receive department's original document, it's a pity that has missed the opportunity. " At the night of July 30, at the other end of the telephone, Chinese semiconductor industry reputable personage, Shanghai fair say in this way as general secretary of employer's organization Jiang ShouLei of circuit, the sorry feeling is shown between the lines.
Jiang means that receives the department (Changzhou ) The little very large scale integration wafer of Electronics Co., Ltd. takes the place of worker's construction project. As the great Hi-Tech project which the government of Changzhou supports actively for revitalizing the semi-conductive industry of this market, in October of 2003, received the department (Changzhou) Little Electronics Co., Ltd. is established formally . But more than two years later, this one is project of placing the great expectations in many ways, after just hitting 3000 in the factory building, stagnate suddenly ' See this newspaper 7 Of moon 24 >) .
While interviewing, including the reputable expert in the government of Changzhou, semiconductor industry and receiving the department (Changzhou) Little Chairman of Electronics Co., Ltd. Gu DeRen, put emphasis on receiving the department to the reporter " L Even regarded as China's one of the best good projects " . However, as to the stranded causes of this project, but stick to one's own version.
Receive these two years of the department, what has happened on earth?
Intel authorizes the weight
In 2002, when Gu DeRen is bringing his plan of starting an undertaking to China, became what the regional government fought for for a time " L The fragrant bun " .
Those years, under the direction of government of Shenzhen, the intersection of department and group of enterprises establish scientific and technological group of nanometer and Shenzhen jointly ahead of the core semi-conductive Manufacturing Co., Ltd first, manage the very large scale integration mainly and take the place of worker's business. Nanometer science and technology and the department accounts for 95% separately first And 5% of the stock rights. Project at Examined and approved through the national development and reform committee formally in June of 2003.
However, after the written instructions or comments of development and reform committee are assigned, there is no sound slowly in but joint venture. And October in the same year, receive department (Changzhou) But little Electronics Co., Ltd. declares its establishment .
In receiving Changzhou Company of the department to provide for a part about building the place in change of the department to explain, the reporter sees, the company is from customer's cluster overall arrangement separately, angles such as industry's related service, talent's environment, rival,etc. have explained the long trigonometry as receiving the final feasibility of the base of settling of department's project.
However, in the view of personage in the know, all these are not key factors. " It is a final reason that Intel disagrees with the joint-venture scheme of the project firmly. " This personage claims.
Intel receives the important factor of another ring in department's project. In 2003, Intel Corporation signed an extremely special chassis agreement with nanometer science and technology. According to this agreement, Intel Corporation permits 0.35 microns and CMOS semiconductor technology of 0.25 microns that the nanometer Company employs Intel. In addition, Intel also offers series such as technological transfer, consulting and training,etc. service.
This move of Intel, has earned the foot to shout in order to receive the department. The insider represents, become and take the place of the factory, the technological source is very important, the major chip of China takes the place of a factory trader at present, use the foreign chip giant's technology, for example hit the international technology of core and come from health of Japanese Toshiba, Fuji,etc., the semiconductor engineering of great strength comes from Japan's washing the electric, U.S.A.'s ultra victory semiconductor (solid state technology) When. Core world and Taiwan Semiconductor Manufacturing Co. of China have also produced the dispute for this.
" The support like global major company such as Intel, it is not merely the first time in China, it is rare too in the whole world. " Jiang ShouLei says, the support of Intel keeps an eye on the reason which receives the department unanimously as the trade.
Not only Jiang ShouLei, include some banks, risk investors and many semiconductors are correlated with visiting enterprises from head to foot, received department's project and attracted.
It is reported, paying department's project also gets the loan commitment of knowing 220 ten thousand dollars of Roosevelt's fund of coming from at first, and the world-famous wind throws the company IDC and waits for but also express willingness to throw out 1000 ten thousand dollars. In addition, TLVenture, SST have all signed the investment purpose with paying the department. In addition, many banks express willingness to put the loan, among them Minsheng Bank intends to offer the loan of 41350 ten thousand yuan.
The trade, grind the Limited Company of semiconductor material and than the west gas (Nanjing) in Europe Limited company promises to offer the raw material for receiving department's project; And companies such as famous brilliant pieces of science and technology, SST, microelectronic Limited Company of Shenzhen country of IC design company,etc., have a purpose please receive department, take the place of Engineer.
" L Prudent" R Written instructions or comments
However, after a copy of written instructions or comments of the development and reform committee, the dramatic change has taken place in all these.
According to the regulation, such a great foreign investments project of 2.58 hundred million dollars, need examining and approving through the development and reform committee. Received the department and put forward the project application to development and reform committee in 2004, got and criticized the document formally in September of 2005.
In the course of examining and approving, some promises the backout project successively of risk investor of making the investment in advance. What made people unexpected even more is, after potential investors see the written instructions or comments of the development and reform committee, receive the financing situation of the department and turn and develop rapidly .
The personage in the know points out, the development and reform committee is criticizing to especially point out in the article, this project has uncertain factor, advise the related departments to fully pay attention to, deal with properly, reduce the risk.
The insider thinks, this written instructions or comments, either bright or point out secretly there are great risks to receive department's project, this has cut off the source of funds of Chinese commercial bank loans indirectly. Especially here " L This case of iron " R Later, the commercial bank of Changzhou is like the badly frightened person, the loan to the great project is examined and approved, double cautious.
The personage in the know claims, the government of Changzhou once coordinated, but there is not a result finally.
And on the other hand, different opinions appear inside the government of Changzhou: A kind of view thinks, the project has great meanings, should move forward actively; Another view is represented, " L This case of iron " R Let Changzhou sap one's vitality, it should be more prudent to make so large investment.
Receive the department to think, does not offer the loan assurance in Bank of China, under the disputable situation inside the government, hesitation of foreign fund . Look around, plead each other, pay the strange circle that department's project falls into dead loop of the fund from this each other.
The sincere union accounting firm checks the capitals the report reveals, receive the investor of department's company forever in Changzhou - -Establish on British linking the intersection of Beijing and scientific and technological group of nanometer of archipelago 2002, successively inject capital twice in 2004 and 2005, include 537 ten thousand spot exchange and 2400 physical assets Wan, the intersection of assets and the intersection of total and 2937 ten thousand dollars.
In addition, the government of Changzhou receives department's equivalent support too, includes fee, design charges of nearly 250 ten thousand dollars and borrowed money of government of 500 ten thousand dollars for 220 mu of land acquisition, the government invests the total 1000 Ten thousand U.S. dollar.
Even so, two put into with amount of money that project plan invest stilling have much disparity - -This project plan invests over 2.57 hundred million dollars, there is a fund shortfall of 2 hundred million dollars at least at present.
Take the place of industry in the capital-intensive semiconductor, build and run the input that a wafer of 8 inch needs 10 hundred million dollars at least for the factory, 4000 ten thousand dollars obviously awkward .
Financing mode dispute
" There is no fault in the prudent attitude of development and reform committee, but really influenced receiving department's financing process objectively. " Economic development advisor, former Vice Chief of Jiangsu Province electronic bureau of industry Wu Shi of management committee of national development zone for new and high-tech industries in Changzhou say to reporters far.
Wu is 73 years old this year, but in order to receive the financing question of department's project, he rushes about under the burning sun sparing no pains. He think it receives departments to be pieces of rare good project, because of financing and the intersection of management and difference of idea outside the China too, the project nearly miscarry under not linking up smooth in many ways.
In Wu's view, the investment of the great scientific and technological project to the foreign businessman, China still remains in seeing at present " L The money " R Stage, investigate that inclines even more to see how much capital the investor has, and ignore the important function of the project, technology, management group and idea. " Receive the fault of the department to lie in, the group does not there is not a lot of money itself. "
The personage in the know reveals, though does not have too much money to take care of Naruhito, but it enjoys influence and appeal littly in industry, this is that numerous wind throw the company and promise the reason of making the investment too.
The materials about providing in the department reveal, Gu DeRen has experience of obtaining employment of semiconductors of more than 35 years, had successively taken the post as technology and management important post in Intel Corporation, Bell Laboratory, national semi-conductive company, had also served as two American listed companies CEO hereafter. Taking care of also has a patent in Intel .
The personage in the know reveals, it is very simple to receive department's group's primary idea, attempt to use their experience and relation in IC circle, and Intel IC apparatus and technology authorize and carry on financing as the chip. " L This will unavoidably give somebody a kind of taste of ' empty-handed set of white wolves ' " .
" I suspect to some extent too, but understand slowly at the beginning. " L Wu ShiYuan admits frankly, " R This kind of financing way is very common abroad. "
Receive the intersection of department and personage, show the intersection of project and financing mode and China this have, take the place of the intersection of worker and the intersection of enterprise and difference, lie in already too, receive department's group and does not plan to rely on the directness of the government to invest money in developing enterprises, while introducing foreign investors, because of government's not direct investment, the Chinese commercial bank refuses to support too, bring the impression that the government does not support to foreign investor, influence the financing process.
" Take care of and does not understand Chinese worldly wisdom, so not apt to send to the friend in China. " Wu Shi says far, this has influenced success of paying department's project to a certain extent. But the personage in the know reveals, receive department's project to transfer to Changzhou from Shenzhen, leave a lot of bad rumors in the trade, for example enclose money of geosphere,etc. . " If this kind of financing mode wants to succeed, the leader's reputation is very important. " Wu Shi says far.
Wu is represented, the semi-conductive enterprises of China generally lack the fund at present, but the financing environment that China directs against the semi-conductive trade is unripe. He calls upon, under this kind of situation, the party concerned should widen the thinking actively, try boldly.
As far as reporter know, the government of Changzhou has already put forward the solution in order to receive department's project at present, and discharge the time table. The personage in the know claims, in this solution, the government preferably did and worst plan well at the same time: On one hand, continue financing outside China, strive for the fund of project and get to the location as soon as possible; Another respect, prepare the cooperative matters with other semi-conductive companies; The worst plan is to cancel the project, liquidate completely.
" The board of directors thinks the board of directors can not do now, but take care of the doctor and still insist on. " In the afternoon of July 27, a personage in the know participating in receiving department's project construction shows to the reporter.
