Chapter 297: First Venture Capital City

"31C."

After getting his boarding pass, Xie Jingxing hurriedly passed through security and jogged all the way to the boarding gate. Director Yang and his group were on a business trip and naturally flew in economy class, so they made do with what they had and gave him an aisle seat as a sign of hospitality.

Xiang Yuan squeezed in the innermost seat by the window, tremblingly holding a disposable paper cup. In the middle was a big man weighing 200 pounds who was eating his second airplane meal.

Clothes are already bulky in winter, and he tried his best to move sideways to make some space, fearing that the gentle and refined Mr. Xiang would be crushed to death.

Director Yang was sitting on the other side of the aisle, leaning sideways and trying to find random topics to chat about.

"Luzhou used to be jokingly called the largest county in the country, and all the railway and road transportation networks were intentionally or unintentionally bypassed. In recent years, railways and high-speed railways have been built, and it was not until the airport was rebuilt two years ago that it became more convenient for us to travel on business."

I'm not trying to show how hard we worked and how simple our conditions were; we really are like that, and it's only thanks to the hard work of several teams that we've been able to accumulate this little bit of wealth and see some improvement - Director Yang didn't say it explicitly.

Xie Jingxing did not comment. In 08, Luzhou's GDP was 1600 billion yuan. This year, no, it was last year in 2014 that the total value exceeded 5000 billion yuan.

With such a growth rate, Director Yang has the confidence to look to the future and suppress his competitors at the same time.

If you want to get rich, you must first build roads. The importance of the transportation network is beyond doubt. It doesn’t matter which sister city doesn’t have an airport.

"Thank you, Mr.

The two were chatting in a low voice when a senior flight attendant came closer, bent down and blinked expectantly.

Without saying a word, Xie Jingxing followed her to the rear cabin, pulled the small curtain, took photos with all the crew members in turn, and finally took a group photo.

Director Yang was so familiar with the entire business process that he exclaimed: "Mr. Xie's influence among young people is greater than we thought."

"Is influence part of the evaluation criteria?" Xie Jingxing asked thoughtfully.

Director Yang nodded: "Of course, for example, in terms of attracting talent, you definitely have an advantage over most GP managers."

Xie Jingxing smiled but said nothing. The flight crew and attendants were all young stewardesses, which was just a survivor's deviation. He was currently the husband of the nation, but he was not yet a leader like Cao and Li. His attraction to talents was not to that extent.

Director Yang thought he was just being modest, and felt deeply moved and sighed.

It's more than just talent. Based on the fund size of 1000 billion, if Luzhou and Xiyou Capital invest a total of 800 billion in the same proportion, where will the remaining 200 billion of social capital come from?

The young business leader in front of him has put all the influence accumulated from his past achievements into practice. Fundraising is no less important than investing.

When you are poor, you should take care of yourself; when you are rich, you should help the world. Director Yang felt that this famous saying had become a reality before his eyes.

Why bother about rules and regulations when cooperating with such a person? People say that Luzhou is the king of all-out gambling, so I might as well follow your words and play another round!

"Ok?"

Director Yang's heart was in turmoil and suddenly he lost control. He looked blankly at the stewardess who was glaring at him, then followed her line of sight and looked down at the apple in his hand.

Humph, no wonder you are still a subordinate at such an old age. How dare you share the fruits I gave to Mr. Xie? You have no manners at all!
The stewardess twisted her waist in dissatisfaction as she brushed past him. A few minutes later, she came back and stuffed a bottle of yogurt into Xie Jingxing's hand. She considerately inserted a straw and watched him take a sip. Then she disappeared with a satisfied smile.

"…It's too early to judge whether this young man is good or bad for helping the world!"

Director Yang saw that while Xie Jingxing was farting, a bunch of snacks such as chocolates and biscuits appeared on the small table in front of him, among which were a few airline postcards. He couldn't eat the apple in his hand or put it down, and he wanted to hide it in his pants.

The simple old face of a coal miner turned slightly red, and until he got off the plane and got on the car back to the city, his eyes were always fixed on Xie Jingxing, as if he could see a flower.

"Well, Director Yang, it's already noon. How about we play the role of host and invite Mr. Xie to have a simple meal first?" Xiang Yuan, who was almost squeezed out of his life, asked in a low voice.

Luzhou Urban Investment Group is under the management committee of a state-owned enterprise, and Director Yang is under the management committee of the development zone. Strictly speaking, he is not Xiao Xiang's direct superior.

"I've arranged it, you can come along."

Back home, brothers settle accounts, Director Yang still has something to say, Xiao Xiang is helpless and can only lower his head and frantically press the phone to call people. Xie Jingxing has long been accustomed to it, pretending that he didn't see anything, and followed them out of the car with interest, wandering into a mid-range restaurant with an ordinary facade.

"Director Yang, President Xiang."

A man with gray hair and loose skin, who did not look very old, was standing in front of the water tank at the entrance of the restaurant selecting live fish. Upon seeing the three people, he turned around and came forward to greet them.

"Mr. Wang, let me introduce you. This is Mr. Xie from Grapefruit Capital, a young man who is well-known in the venture capital industry." Director Yang introduced.

Xie Jing Xing was surprised, but he calmed down and shook hands solemnly: "Boss Wang, I have heard of your name for a long time. My father often mentioned your entrepreneurial experience."

"How is your father doing lately?"

Wang Dongsheng, founder of BOE, is the king of the global semiconductor display industry. He is not yet the king at this time point, but he will be soon!
It was two or three years later that the North American economic bubble of the millennium was transmitted to Asia. South Korea's Hyundai Group sold off its LCD business, and BOE, ignorant and fearless, took a gamble and acquired it, plunging into this industry which was absolutely monopolized by Japanese and Korean companies.

In the following years, coupled with the overall decline of the global LCD panel industry, BOE suffered huge losses year after year and was on the verge of delisting.

Wang Dongsheng sought emergency help from all over the country, and several cities were willing to help. Japan's competitor Sharp jumped out to disrupt the situation. It followed the scent and found the city that wanted help, saying that it would give up helping BOE and would build a factory and start production in the local area.

In this way, BOE's several chances to survive were all ruined, and then Sharp found a random reason to regret and run away, which was no different from the way Song Anli used to play the dog-licking game.

Finally, Luzhou jumped out and shouted, "I am the one who takes over. Let's continue to go all in!"
The story after that is very legendary. With the success of the all-in plan, BOE entered the take-off stage, tore apart the monopoly of its Japanese and Korean competitors, and took up the crown of the king of domestic panels.

This is a story of mutual achievement. The people of the whole city tightened their belts and gambled away their money, which resulted in the creation of more than 2,000 companies in the upstream and downstream industrial chains of semiconductor panels, 30,000 jobs, and an output value of over 100 billion yuan.

The leading semiconductor sub-industry cluster in China and the brand name of "No.1 City for Venture Capital".

Others say that Luzhou is the king of Soha. Who are they talking to? It’s you, Xie Jingxing. Then we are the king of Soha!
"I'm about to retire, and the entrepreneurial stories of you young people are more worth listening to." After three rounds of dishes and five flavors of wine, Mr. Wang said with a leisurely smile.

Xie Jingxing nodded slightly: "An old horse still has ambitions to run a thousand miles. Maybe we will have the opportunity to tell stories together in the future."

"It's a beautifully told speech, worth a drink."

Director Yang was a heavy drinker who drank until the glass was empty. Xiang Yuan was wrinkled all over and looked at the closed door of the box with resentment. He really couldn't bear it anymore if the person in charge didn't come.

"Wow."

The door of the box was pushed open, Xiang Yuan's eyes glowed green, he raised his buttocks and supported himself on the table with his hands, and was about to stand up, but after a few seconds he sat back dejectedly.

"Mr. Xie, welcome to Luzhou. You always have good food and drink wherever you go... I have a terrible brain and I can't say nice things... I'll treat you to this meal and this bowl of noodles. You must have a bite..."

The apron-wearing restaurant owner put down the bowl of watery noodles, rubbed his hands together and spoke incoherently, veins bulging on his forehead.

Xie Jing Xing put on a familiar and friendly smile: "Thank you very much."

"Eat dumplings on the bus and noodles on the bus. When you come to Luzhou, it's like coming home."

The anxious proprietress who was standing at the door rushed in, holding the account notebook in one hand and dragging the boss out with the other. Her back disappeared from the sight with the lingering sound.

Xie Jingxing's smile froze, and he turned his head in astonishment to look at Director Yang, who smiled and shook his head leisurely, indicating that it was not a special arrangement.

"When BOE was struggling to survive, I traveled all over the country, and people in all cities treated me like a distinguished guest. But only in Luzhou did we have a steadfast and persistent unity."

Mr. Wang joked lightheartedly, "Mr. Xie, Tang Monk's flesh and the Journey to the West are very different."

"To seek the true scriptures... I really wish I were a nine-generation golden cicada, so I could cut off my flesh and share the food... It's better than disappointing this group of people who are united in purpose."

Xie Jingxing sneered at himself, raised the wine jug and drank it all in one gulp. The clear soup noodles in front of him were hard to swallow.

(End of this chapter)