My capital is quite large.

Chapter 153 Asset Divestiture

January is more than halfway over, but winter in Nanjing is still damp and cold.

Inside a top-secret meeting room in Xianlin Science and Technology City.

"Mr. Li, as per your instructions, all the divestiture procedures have been completed."

The legal director of Haofeng Group, along with several special envoys from the province, pushed a stack of documents in front of Li Feng.

Over the past two weeks, Li Feng has pulled out all the stops to carry out a stunning asset restructuring that can be described as a miraculous escape!

The semiconductor industrial park, which rose from the ground in Xuzhou and was supported by 30 billion yuan of low-interest loans from the state, has been completely separated from Haofeng Group, this pan-entertainment behemoth, in terms of both legal aspects and equity structure!

"Okay, thank you all for your hard work."

Li Feng examined the brand-new business license in his hand, which prominently displayed the name "Huaxin Technology"!

This is Li Feng's trump card after careful consideration!

Developing semiconductors and manufacturing lithography machines is undoubtedly a great undertaking that will leave a strong mark on history books, but it is also a super powder keg that could trigger international sanctions and domestic political and business earthquakes at any time!

Why would you entrust a company that makes money from games and variety shows with the responsibility of developing a national-level technological lifeline?

This not only looks out of place, but it's also setting yourself up for disaster!

He couldn't afford the devastating blow if the semiconductor project were ever blocked or suppressed by the West!

Therefore, Huaxin must become independent! It must have the cleanest background!

"Mr. Li, according to the agreement, Huaxin Technology's equity structure adopts a hybrid model similar to that of Huawei and Wahaha."

The General Counsel gave a detailed report:

"In addition to our 30 billion yuan syndicated loan, the province also injected 30 billion yuan in matching funds and land resources, which translates to a 30% share."

"The company has established a large 'employee stock ownership union,' allocating 30% of its shares to heavily incentivize its key technical personnel."

"While you personally retain only 40% of Huaxin Technology's shares, through the dual-class share structure, you still control over 70% of the absolute voting rights and veto power!"

Hearing about this flawless structure, Li Feng finally felt relieved.

This is the absolute security he wants!

Although he gave up monopolizing this potentially trillion-dollar pie in the future, what did he gain in return?

It's a deep, real-money commitment from local governments! It's a get-out-of-jail-free card for national strategy!

Under this structure, Huaxin Technology is essentially a semi-official behemoth with state-owned capital backing.

Li Feng's current position is like that of another old man surnamed Ren, who holds power but is covered by a layer of porcupine armor that no one dares to touch!

Even if, hypothetically, the company were to face some unforeseen and devastating disaster in the future, he could simply hand over the 40% stake along with the entire Huaxin chip company to the nation!

Consider it a way of serving his country. Anyway, the profits from the entertainment industry of his Haofeng Group are enough for him to squander for ten lifetimes.

Now that the framework is in place, the substance needs to be filled in.

Li Feng stood up, turned to look at an elderly man with a full head of silver hair sitting next to him, and spoke very respectfully.

"Professor Chen, how's the relocation work at Jinling University going?"

The man referred to as "Old Chen" is the Executive Vice President of Jinling University and a leading figure in the field of electronic engineering in China!

To ensure Huaxin Technology's profitability, Li Feng went all out this time. He not only donated 200 million yuan to Jinling University, but also moved Jinling University's top-tier School of Electronic Science and Engineering and School of Integrated Circuits, along with its leading professors and national-level laboratories, to the new campus in Xuzhou!

"Don't worry, Mr. Li, the relocation is basically complete."

Old Chen adjusted his reading glasses, his eyes full of admiration as he looked at Li Feng. "Your actions this time have truly astonished the entire education community!"

Can we not make a fuss?

In order to poach talent and attract students, Li Feng created the "Huaxin Special Recruitment Class" at Jinhua University's Xuzhou campus, which drove all college entrance examination students crazy!

"Mr. Li, as per your request, the admission score for our 'Integrated Circuit Special Recruitment Class' this year will be comparable to that of Tsinghua and Peking University's microelectronics programs!"

"Students who are admitted will not only have their tuition and accommodation fees waived for all four years of university, but Huaxin Technology will also provide them with a monthly living allowance of 3,000 yuan!"

"Not only that, as long as you graduate smoothly and pass Huaxin's assessment, you'll be guaranteed a job at Huaxin's R&D center, with a starting salary twice that of others in the industry!"

"And those top overseas talents you recruited from Silicon Valley and TSMC, they not only conduct R&D at Huaxin, but also take up positions as doctoral supervisors at our campus, personally mentoring these students!"

"By recruiting talent, training new talent, and developing internal talent—a three-pronged approach! This not only boosted Xuzhou's economy but also propelled two of our Jinling University's programs to the top in the nation!"

Listening to Old Chen's excited description, Li Feng nodded in satisfaction.

The semiconductor industry is a talent-intensive industry, and simply poaching talent from overseas is not enough.

In this world, there is nothing that money can't buy; if there is, it's just that you haven't spent enough!

If the incentives are right, all of China's top science students will fight tooth and nail to get into Xuzhou for this high-paying job with free tuition and guaranteed job placement!

Given time, these top students, whom Li Feng has personally nurtured, will become the sharp sword that pierces the sky for Huaxin Technology and even China's semiconductor industry!

……

Having dealt with Huaxin, a top priority concerning the nation's lifeline, Li Feng finally felt a little relieved.

He glanced at his watch; it was already three in the afternoon.

"Xinyu, prepare the car."

Li Feng took off his slightly serious black suit and put on a casual trench coat.

"Let's go to the Olympic Sports Center."

Zhang Xinyu was stunned for a moment, looking at the boss with some surprise.

It's worth noting that during this period, in order to divest Huaxin's assets, the boss has barely had any time to sleep, and even his most favored employee, Liu Yifei, hasn't been able to see the boss in the past few days.

"Boss, there were two matchmaking meetings scheduled for provincial state-owned enterprises this afternoon. Are you going to the Olympic Sports Center to attend the awards ceremony for that game competition?" Zhang Xinyu asked cautiously while arranging the car.

A gaming competition?!

Zhang Xinyu was secretly alarmed.

The boss turned down so many important business meetings, and even ignored the advances of a top female star, and now he's actually going to personally watch a bunch of internet-addicted teenagers play video games?!

Li Feng stopped, turned his head slightly, and gave her a cold glance.

That cold, emotionless gaze made Zhang Xinyu turn pale with fright, and she quickly swallowed the rest of her words.

"Xinyu, you've been too talkative. I'll tell the driver to prepare the car right away!" Zhang Xinyu hurriedly lowered her head and repeatedly admitted her mistake.

Li Feng withdrew his gaze and walked towards the private elevator.

What's there to explain to a secretary?

Explain how many billions of dollars in cash flow the League of Legends esports ecosystem can generate.

Does he intend to use the keyboards pounded by these "internet addicts" as a money-printing machine to fill the bottomless pit of lithography machines and semiconductors?

……

That evening, at the Jinling Olympic Sports Center.

After months of fierce competition in the preliminary rounds, the two strongest teams that emerged from tens of thousands of internet cafes across the country finally stood on this stage representing the highest honor in domestic esports.

The venue was packed, with tens of thousands of young players waving their cheering sticks, creating a deafening roar that almost lifted the dome!

At the very center of the stage, the enormous Summoner's Cup shone brightly under the spotlight.

"Let's congratulate Team WE!!!"

Accompanied by the commentator's heart-wrenching roar and the erupting cheers of the entire stadium!

Five young boys, dressed in simple team uniforms and still with somewhat immature faces, hugged each other excitedly and burst into tears.

They did it! They fought their way out of that dimly lit internet cafe and won the most prestigious national championship of this year!

Just then, the lights in the venue suddenly changed, and an exciting background music resounded throughout the entire venue.

Surrounded by two rows of security personnel, Li Feng walked onto the stage with a smile.

"Boss Li! It's Haofeng's Boss Li!"

"The God of Wealth himself came to present the award! What a grand gesture!"

The audience erupted in even more enthusiastic screams than when the champion had just won.

Li Feng walked up to the five members of the WE team, looking at these young men who would later leave behind countless legendary names.

Ruofeng, Strawberry, Mingkai, Smile, Curly Hair.

These five names may just be a few internet addicts who are good at playing games today, but in the future, they will become the first batch of idols to be deified in the history of Chinese e-sports!

Li Feng took the huge cash check model with the amount of RMB 1,000,000 written on it from the hostess's tray and handed it to Captain Ruofeng.

He then took the microphone and, addressing the tens of millions of viewers in the audience and the live stream, made the following announcement:

"Congratulations on winning the million-dollar prize."

"But this is just the beginning!"

"I hereby officially announce that WE, as the champion of this Hundred Cities League, will become the first top-tier professional team to officially join the LPL!"

"You are no longer just gamers in internet cafes, but true professional esports athletes!"

"And you only have one goal going forward—"

Li Feng pointed to the S-Series trophy on the big screen, which symbolized the highest global honor:

"Next year, I'll represent China and bring the S2 World Championship trophy back to me!"