Shockingly, a counterfeit factory has produced a 3-nanometer chip.

Chapter 221 Next Stop: Shenzhen

"Mr. Chen, the province attaches great importance to the Transsion Panel project. We're here today for two reasons: first, to check on your progress, and second, to discuss the second phase?"

Chen Mingyong nodded; the boss had already given him instructions.

The terms that needed to be discussed have been mostly agreed upon. Today is just a formality. As long as the demands are not too unreasonable, they can be raised.

Anyway...

Transsion, with its mature technology, is a VIP guest of local governments wherever it goes. This is a true high-tech industry, with substantial output and tax revenue.

If Guangzhou doesn't want it, then the neighboring city should welcome it with open arms?

"This is the plan prepared for you by the province. The land next to it is 240 acres. The government will be responsible for the site preparation, infrastructure development, and construction of high-standard factory buildings."

After your inspection, I only need to pay 1 yuan to take over full ownership?

Everyone who spoke nodded, as if they were already used to this kind of thing.

Director Chen of the investment department felt a sense of fear.

He kept hearing: the provincial plan has been finalized...

Why didn't his boss notify him?

Could it be that he has been excluded from the decision-making group, or is he just cannon fodder?

No matter the outcome, it's not a good thing for him. It's not over yet, there's still a chance to turn things around later.

"Mayor Chen, this plan..."

"Don't thank me yet," Chen Jianhua waved his hand. "Is there a condition?"

He opened the file.

"But it shouldn't be too difficult for you, taxes."

After the second phase of production is put into operation, you will be given a one-year ramp-up period.

Starting from the second year, the annual tax payment shall not be less than 1 billion yuan for five consecutive years. After five years, this land and factory buildings will belong to you.

If it doesn't reach that price, you can buy it back at the original price, of course.

Chen Mingyong quickly did the math.

With an annual tax revenue of 10 billion yuan, and calculating the profit based on a 25% corporate income tax rate, the profit would be at least 20 billion yuan.

Once the second phase reaches full production, the annual output value will be approximately 250 billion yuan.

The profit is estimated to be between 70 billion and 95 billion.

Reaching this standard certainly shouldn't be a cause for concern, but that's not entirely true. After all, anything less than 100% carries risk, especially considering that property prices will undoubtedly rise in a few years.

"Mayor Chen, to be honest, these conditions are still quite tight."

Chen Mingyong said dishonestly.

Of course, this isn't really because he's dishonest; after all, who can predict the future?

If Sansang shamelessly starts a price war, should they follow suit or not?

"I know." Chen Jianhua nodded. "Market fluctuations are inevitable, but please understand, Mr. Chen."

How much did the city pay for this land? How much did it cost to build the factory for free? At least 25 billion?

"A 25 billion investment, exchanged for 10 billion in taxes annually, isn't that reasonable?"

Theoretically, it's certainly not unreasonable, since taxes are due and there are certain reductions or exemptions.

It's quite fitting that we've acquired a piece of land for free.

Chen Mingyong considered for a moment: "Do I need to make a phone call?"

He walked out of the conference room and dialed Shen Fei's number.

At this moment, Shen Fei was already drinking tea in Zhang Shiqing's office.

After Zhang Shiqing finished speaking, his face was filled with shock.

"Dad, you're being transferred again?"

No wonder Shen Fei was so surprised. He was suddenly promoted to group leader last year, then promoted to executive vice governor, and now he's being transferred again this year.

Let's not talk about Shenfei.

Zhang Shiqing was also filled with surprise when he heard this.

After all, he took this step because of Shen Fei, and his foundation was originally unstable.

To move upwards... one must at least complete one realm, and make a significant contribution, before it's even possible to unlock this step.

After all, in officialdom, it's no longer about forcing growth, but about rocket-like advancement.

But now, this step has been taken ahead of schedule, and the foundation has been laid.

"Where are you being transferred to?"

"The Party Secretary of Shenzhen..."

Just then, Shen Fei's phone rang. However, Shen Fei had no choice; this transfer news... was too illogical.

Although the Shenzhen Municipal Party Secretary and the Executive Vice Governor are both at the vice-provincial level, one can be described as a late-stage vice-ministerial level official, while the other is a fully-fledged vice-ministerial level official.

Shen Fei really didn't know why this sudden transfer order was for, since it didn't make sense and it was still because there wasn't enough time.

Even if the higher-ups want to complete Zhang Shiqing's qualifications, there's no need to rush it. After all, the old man is still relatively young for this position, so there's no need to be in such a hurry.

Could it be that the materials he sent over have been used to develop some new tricks?

However, thinking about the pile of documents that would be awarded as a reward... Shen Fei also prepared to give a big gift, after all, that matter was not far off.

"Don't worry about me for now. There's always a way out. Take a look at that phone number first."

After the call was connected, Chen Mingyong immediately explained the situation to Shen Fei.

After listening, Shen Fei smiled and asked, "Chen Mingyong, do you think you can do it?"

"Yes, it can be easily achieved, but I'm worried about one thing: whether the quality of the factory can meet the standards."

If a problem arises, it could lead to some errors.

"Since there are no problems with production capacity and yield rate, let's do it." Shen Fei's voice still carried a trace of the joy from before. "Buying a piece of land for one yuan, this kind of opportunity will be gone if we miss it."

As for revenue, every one of our factories has exceeded expectations since its establishment, and this time will be no exception.

As for quality issues, we will personally supervise the construction and adhere to the highest standards.

"clear."

Chen Mingyong hung up the phone.

"Mayor Chen, we agree."

However, the panel factory needs to be built to the highest standards, and we need to supervise it. The final cost may be...

Chen Jianhua smiled and quickly stood up: "President Chen, you don't need to worry about that."

As long as the factory isn't moved to neighboring Shenzhen, any conditions are negotiable.

"Would you like to cooperate successfully?"

"Enjoy the collaboration?"

As Zhang Shiqing's man, Chen Jianhua was well aware of the leadership's transfers, so... of course, this was also a plan agreed upon by Zhang Shiqing.

…………

Three days later, the signing ceremony was officially held.

#Phase II of Transcend Panel Officially Launched#

#Domestic high-end screens set sail again#

This immediately sparked a huge discussion online, especially since the Transsion S2 OLED version has already been released.

Compared to the regular version, the only change is that the screen has been replaced with a self-developed OLED screen; otherwise, there are no other changes.

However, the starting price has changed from 3999 to 4299.

However, sales were surprisingly good, after all, the display effect of this OLED panel is indeed very good, even better than the screen used by Samsung itself.

When the news reached South Korea, the Sanjiang Panel immediately went on high alert.

In the conference room, Kwon Oh-hyun looked at the intelligence report, his face ashen.

"One dollar for a piece of land? What are they doing?"

No one answered. After all, Sansang could offer free purchases, but when the roles were reversed, they really couldn't accept it.

After all, how can these be the same?

"Also, what is their yield rate?"

"87%?" He slammed his hand on the table and said, "Didn't you say a while ago that their yield rate was only 70%?"

Now, tell me? Is this normal?