221: Chapter 221 Next Stop: Shenzhen

"Manager Chen, the province attaches great importance to the Transsion panel project. We came today, firstly, to check on your progress, and secondly, to discuss the second phase."

Manager Chen nodded; his boss had already given him instructions.

The terms that needed to be discussed had mostly been settled; today was just a formality. As long as the requests weren't particularly outrageous, they could be proposed.

Anyway...

Transsion, already possessing mature technology, was a guest of honor for local governments wherever it went. This was a true high-tech industry, and whether in terms of output value or tax revenue, it was top-notch.

If Yangcheng didn't want it, then the neighbors would likely welcome it with open arms.

"This is the proposal the province has prepared for you. The land next door, 240 mu, the government is responsible for providing the three supplies and one leveling, and building high-standard factories.

Once you pass the inspection, you only need to pay 1 yuan to take over full ownership."

Everyone from Transsion nodded, as if they were already accustomed to such things.

However, that Director Chen from the Investment Division felt a wave of fear.

He kept hearing in his ears: the provincial plan, already decided...

But why hadn't his own boss informed him?

Could it be that he had already been excluded from the decision-making group, or was he just cannon fodder?

No matter which result it was, it wasn't a good thing for him. It wasn't over yet; was there still a chance for a comeback in the future?

"Mayor Chen, this proposal..."

"Don't rush to thank me." Chen Jianhua waved his hand. "There are conditions."

He opened the document.

"However, it shouldn't be difficult for you: taxes.

After the second phase goes into production, we will give you a one-year capacity ramp-up period.

Starting from the second year, the annual tax payment must not be less than 1 billion, for 5 consecutive years. After 5 years, this land and the factory buildings will be yours.

If you don't meet the target, you can also buy it back at the original price, naturally, according to the price at that time."

Manager Chen quickly did the math.

1 billion in taxes per year; calculating backward from the 25% corporate income tax, that's at least 2 billion in profit.

After the second phase reaches full production, the annual output value will be about 25 billion.

Profit will be about 7 to 9.5 billion.

Meeting this standard definitely wouldn't be stressful, but he couldn't say that. After all, as long as it wasn't 100%, there was risk. Plus, property prices would definitely rise in a few years.

"Mayor Chen, this condition. To be honest, it is still quite stressful."

Manager Chen said dishonestly.

Of course, this wasn't really him being dishonest; after all, who can say for sure about the future?

What if Samsung shamelessly starts a price war? Should they follow suit or not?

"I know." Chen Jianhua nodded. "Market fluctuations exist, but please also understand our position, Manager Chen.

How much did the city spend to give you this land? How much did it cost to build the factory for free? At least 2.5 billion?

An investment of 2.5 billion in exchange for 1 billion in annual taxes from you—that's not excessive, is it?"

Theoretically, it certainly wasn't excessive. After all, taxes had to be paid anyway, and there were certain deductions.

Getting a piece of land for free now was quite reasonable.

Manager Chen considered it for a moment: "I need to make a phone call."

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

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

After Zhang Shiqing finished speaking, his face was full of shock.

"Dad, you're being transferred again?"

It was no wonder Shen Fei was so surprised. He had only been suddenly promoted to team leader last year, then promoted to Executive Vice Governor, and now there was another transfer this year.

Never mind Shen Fei.

When Zhang Shiqing first heard about it, he was also full of shock.

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

Moving up... at the very least, he had to serve a full term, and he had to make huge contributions to even have a chance to take this step.

After all, in officialdom, this was no longer about pulling up seedlings to help them grow; it was a rocket-like ascent.

But now, this step had come early, and the foundation had been completed.

"Where are you being transferred to?"

"Secretary of the Shenzhen Municipal Party Committee..."

Just then, Shen Fei's phone suddenly rang. However, Shen Fei didn't have the mental space; this news of the transfer... was too unreasonable.

Although the Secretary of the Shenzhen Municipal Party Committee and the Executive Vice Governor are both vice-provincial level, one could be called late-stage vice-ministerial, and the other is peak vice-ministerial.

Shen Fei really didn't know what this sudden transfer order was for. After all, it didn't make sense; there still wasn't enough time.

Even if the higher-ups wanted to complete Zhang Shiqing's qualifications, there was no need to be so fast. After all, the old man was still young in this position; there was no need to be so anxious.

Could it be that the materials he sent over had been studied and yielded some new tricks?

However, thinking of the pile of materials rewarded... Shen Fei was also preparing to send a big gift. After all, that event wasn't far off.

"Stop thinking about my affairs for now. There will be a way when the car reaches the mountain. You should check that phone call first."

After connecting, Manager Chen immediately explained the situation to Shen Fei.

After listening, Shen Fei smiled and asked: "Manager Chen, do you think it can be done?"

"Yes. It can be easily achieved, but I'm afraid of one thing: whether the quality of the factory buildings can meet the standards.

Once a problem arises, it might cause certain errors."

"Since there's no problem with capacity and yield rate, then do it." Shen Fei's voice still carried a trace of the joy from just now. "Buying land for one yuan, this kind of opportunity, if you miss it, it's gone.

As for revenue, which of our factories hasn't exceeded expectations every year since its establishment? This time will be the same.

As for the quality issue, we will supervise the work ourselves and follow the highest standards."

"Understood."

Manager Chen hung up the phone.

"Mayor Chen, we agree.

However, the panel factory must be built to the highest standards. We need to supervise it, and the final cost might..."

Chen Jianhua smiled and quickly stood up: "Manager Chen, don't worry about that.

As long as you don't move the factory to neighboring Shenzhen, any condition is negotiable."

"Then, happy cooperation?"

"Happy cooperation?"

As Zhang Shiqing's man, Chen Jianhua was very clear about the leader's transfer, so... of course, this was also a plan agreed upon by Zhang Shiqing.

...

Three days later, the signing ceremony was officially held.

#Transsion Panel Phase II Officially Launched#

#Domestic High-end Screen, Setting Sail Again#

On the internet, this matter immediately sparked huge discussions, after all, the transsion s2 OLED version had already hit the market.

Compared to the regular version, except for the screen being changed to a self-developed OLED Screen, there were no other changes.

However, the starting price changed from 3999 to 4299.

Yet sales were surprisingly good; after all, the display effect of this OLED Screen was indeed very good, even better than the screens Samsung used itself.

When the news reached South Korea, Samsung Panel immediately treated it as a formidable enemy.

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

"Getting a piece of land for one yuan? What are they up to?"

No one answered. After all, Samsung could achieve zero-cost acquisitions, but when the roles were reversed, they really couldn't stand it.

After all, is this the same?

"And, what is their yield rate now?

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

Now, you tell me? Is this normal?"