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Officialdom: My Biological Father is a Big Chapter 423 - 423: Chapter 423: Total planned | NovelFull
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423: Chapter 423: Total planned investment exceeds 500 billion!

The inspection team arrived in Dongjiang City.

A grand welcome banquet was held that evening, and the official inspection began the following day.

Qin Chuan led the team personally, accompanied by Provincial Party Secretary Zhao Jiasheng and several other provincial leaders; the standards were high, and the inspection lasted an entire day.

Everyone visited many parts of Dongjiang City, gaining a comprehensive understanding of its situation, such as its resources, economic data, hardware and software conditions, and so on.

To be honest, Dongjiang City's conditions were not particularly outstanding.

However, for the sake of Qin Chuan, many had already decided to invest at least a little; investing three to five billion was no problem, and with so many enterprises, the total would be quite substantial.

After a comprehensive inspection, everyone sat down today to discuss the specifics of the investment.

Qin Chuan, in his capacity as Director, personally presided over the meeting, first welcoming everyone's arrival and their interest in inspecting and investing in Dongjiang City.

"After yesterday's field inspection, everyone has a comprehensive understanding of our Dongjiang City, so I won't go into more detail. I suspect some of you executives already have plans in mind regarding which projects you intend to invest in."

"I would like to remind everyone that there's no need for you to invest in Dongjiang City's real estate projects; if you want to invest, try to focus on industrial sectors."

A wave of good-natured laughter rippled through the meeting room.

Real estate could just be left to develop naturally; there was no need to support it or even seek investment for it. What Qin Chuan intended to develop was industry, especially manufacturing.

Once the laughter subsided, Qin Chuan continued, "I have two suggested investment projects: the first is the chip industry, and the second is new energy vehicle batteries, such as lithium iron phosphate batteries."

As a reincarnated person, Qin Chuan knew clearly that both projects were major trends that would be extremely popular over the next decade.

The chip industry, in particular, would have a great future.

In a short while, as Comrade 'Unreliable Trump' took office, the West would intensify chip sanctions, banning the sale of many chips and creating a bottleneck for the domestic market. With a chip shortage, domestic chips would see their heyday; as long as they could be produced, there was no worry about a lack of market.

Qin Chuan had made full preparations, inserting a USB drive into the computer and beginning to introduce the chip industry on the large screen.

He told everyone without reservation that he planned to build the country's largest Chip Industrial Park in Dongjiang City, integrating R&D, design, and manufacturing, with a total investment reaching hundreds of billions.

Qin Chuan was already eloquent, and with the illustrated materials, many people, including Chairman Chen Zhixun, felt their hearts racing with excitement.

He then introduced new energy vehicle batteries, suggesting that everyone partner up to establish the country's largest lithium battery R&D and manufacturing base in Dongjiang City.

The meeting, which began at 9:00 AM, ended around 11:00 AM. Qin Chuan spoke for most of it. After the meeting, the CEOs began discussing fervently in small groups.

Qin Chuan also gave everyone plenty of time, with free activities in the afternoon. For those who wanted to see the sights of Dongjiang City, he would lead them personally; those who wanted to rest at the hotel could also do so.

After the meeting, Provincial Party Secretary Zhao Jiasheng returned to the provincial capital. Before leaving, he held Qin Chuan's hand and said hopefully, "Xiao Qin, I'll be waiting for your good news in the provincial capital."

As a Provincial Party Secretary, he was very busy; staying in Dongjiang City for two nights was already extremely rare.

In the afternoon, Qin Chuan personally took most of the executives sightseeing, letting them enjoy the beautiful scenery of Dongjiang City.

Chairman Chen Zhixun was naturally with Qin Chuan, along with President Zhang of Baoli Group and others.

"Brother Chuan, do these two projects you mentioned really have such great prospects!"

Qin Chuan said, "Of course. Listen to me: put in as much money as you can. If you invest it all, you'll definitely get a rich return, especially with the chip project."

Vice President Zhang Shengbin of Baoli Group said, "Chairman Chen, Secretary Qin Chuan is right. Our Baoli Group plans to invest one hundred billion in the chip project and over fifty billion in the lithium battery project."

Such a massive investment!

Chairman Chen Zhixun was stunned for a moment, then grew excited. If Baoli Group dared to invest, what did he have to worry about? He would invest all the money he could muster into the two projects.

There was one more thing Vice President Zhang Shengbin hadn't mentioned.

That was, as early as two years ago, at Qin Chuan's suggestion, Baoli Group had begun importing high-end lithography machines from abroad. For instance, among the lithography machines imported from ASML, the top two were capable of mass-producing 8nm chips.

These lithography machines had all arrived and were stored at Baoli Group, ready to be installed and put into use at any time.

While they were still available for purchase, Qin Chuan naturally advised his young uncle-in-law to buy lithography machines in bulk. In a short while, once 'Unreliable Trump' took office, you wouldn't be able to buy them even with money.

The other CEOs nearby were also very tempted, calculating how much money they should invest.

Throughout the afternoon, besides taking everyone to enjoy the beautiful scenery of Dongjiang City, Qin Chuan also shared his vision.

For example, they could jointly fund a professional company integrating design, R&D, and manufacturing. He had even thought of the location: the High-Tech Industrial Park in the eastern suburbs of Dongjiang City. They would invest hundreds of billions to work on chips.

That High-Tech Industrial Park had been set up by Secretary Wu Qiaoxi and his team. It was very large, but the investment promotion had been weak, with almost no companies moving in. Large tracts of land lay waste there, which could be put to good use.

The investment inspection team stayed in Dongjiang City for a total of three days. On the third day, everyone basically reached an agreement and signed a cooperation deal.

They would jointly fund two professional "super companies" for chip design, R&D, and manufacturing, as well as lithium battery design, development, and production.

The planned total investment was over five hundred billion!

A total of 17 enterprises signed one after another, and Qin Chuan signed the agreement on behalf of Dongjiang City.

Dongjiang City also took a stake, mainly through land and policy contributions.

In any other place, if you wanted a stake without contributing a cent, you'd be dreaming. But who was Qin Chuan? Not only did no one object, they even welcomed it.

This was also a benefit Qin Chuan secured for Dongjiang City. Once these two companies entered mass production, Dongjiang City's annual dividends were expected to be quite substantial.

Upon receiving the good news call from Qin Chuan, Provincial Party Secretary Zhao Jiasheng's tone was clearly a bit excited.

An investment of over five hundred billion had never happened in the history of Jiangnan Province and was rare even nationwide. No wonder even Provincial Party Secretary Zhao Jiasheng couldn't quite suppress his excitement.

Not to mention Jiangnan Provincial TV Station and the Provincial Newspaper, which had been following the story for days. What was even more exciting was that tonight, CCTV's News Broadcast also reported on this investment.

After watching the news, many thought to themselves, "Dongjiang City is incredible! With such a massive investment, isn't it about to take off?"

Some quick-witted people thought, "Could it be that the country is going to vigorously develop chips and lithium batteries? Should I try to get a piece of the action?"

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