Super Rich from Winning a Lottery-Chapter 356 - 247: Yi Xiaolin Wants to Resign (Part 2)

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Chapter 356: Chapter 247: Yi Xiaolin Wants to Resign (Part 2)

At the end of the day, the market for high-end lithography machines isn’t huge, as ordinary lithography machines are sufficient for producing many types of chips.

There’s no way to develop and manufacture high-end lithography machines at the moment, but producing low-end lithography machines isn’t really difficult.

If it weren’t necessary to continue investing in the development and production of high-end lithography machines, just producing mid- to low-end lithography machines, packaging machines, etching machines, and other semiconductor packaging equipment could actually yield quite a bit of profit.

However, Yi Anguo didn’t establish Hua’an Microelectronics Group just to manufacture these mid- to low-end lithography and packaging equipment and compete with the Microelectronics Group in domestic and overseas markets.

Instead, the goal is to develop and produce the most high-end lithography machines, break the monopoly that European and American countries have on high-end lithography machines, and prevent them from potentially holding a chokehold on us at any time.

Consider Huaxing smartphones: in the competition against Apple phones, they may not completely defeat Apple, but at the very least, they should share the market equally with them.

The most crucial aspect of smartphone chip production is the most advanced lithography machines.

Currently, the blockade by European and American countries against China is not at its strictest; we can at least still acquire some relatively advanced high-end lithography machines. Even if we can’t buy these new high-end lithography machines, these high-end smart chips can be contracted out to foundries like TSMC for production.

Thus, the current impact on Huaxing Technology seems minimal.

But what about the future? If, in the future, European and American countries put a squeeze on us, preventing the production of the most high-end smartphone smart chips, it would mean handing over the hard-earned market to Apple and other foreign phone manufacturers.

Therefore, even for the future development of Huaxing Technology, we must continue to increase investment to develop the most advanced lithography machines.

The company is developing better and faster, hiring a large number of managerial talents, and the matters that require Yi Anguo’s attention are becoming fewer.

Yi Anguo also knows his limitations, so he’s willing to let go and delegate authority to the company’s senior executives because when it comes to the daily management of such large companies, they are the true experts.

Unless it involves very important investments or other transfers, mergers, etc., he generally doesn’t govern those matters anymore.

This is also why he decided to establish the seven major groups: only then could he confidently let go!

The seven major groups develop independently, without affecting each other, but they can still collaborate, support each other, and invest in each other.

The biggest advantage of establishing the seven major groups is that if one group encounters significant problems, it won’t impact the other groups, thus reducing the risks the enterprise faces during development.

The finances of the seven major groups are independent, and so is their management.

To be blunt, if one day the Hua’an Microelectronics Group, Huaxin Semiconductor Group, or Huaxing Technology Group suddenly faces bankruptcy and closure, it wouldn’t significantly impact Yi Anguo, at most it would mean a failed investment in a particular company.

But as long as Anguo Group remains in his hands and Hualong Investment Group stays problem-free, it’s impossible for him to live a hard life again.

Hualong Investment has invested in quite a few future super companies, such as Tesla, Alibaba, JD.com, Tencent, Apple, Amazon, and any of these companies’ shares could last him a lifetime.

Furthermore, he has many properties under his name; the monthly rental income is a substantial amount, more than enough to cover his expenses.

After dinner, Yi Anguo didn’t hurry to leave; he has a private office at Anguo Furniture Company, complete with a rest area.

Even though he seldom visits this place, the office and rest area have always been well-maintained, kept clean and tidy for his use at any time.

At 2 PM, Yi Anguo convened a meeting with the management personnel of Anguo Furniture to discuss issues regarding production safety and dust-free manufacturing.

The biggest issue with furniture production is safety, especially with the production of rosewood furniture; due to the high density and extreme hardness of rosewood, particularly custom-made rosewood furniture can’t be mass-produced, making individual production even more dangerous.

Veteran craftsmen at rosewood furniture factories rarely have ten intact fingers without any injuries, underscoring the importance of safety in rosewood furniture production.

Although the machinery at Anguo Furniture Factory is very advanced compared to other typical rosewood furniture factories, greatly enhancing safety during production, we must always be highly attentive to safety issues. Should a production accident occur, even with significant compensation, it’s still not worth the loss.

After all, an injury to a finger is a lifelong issue.

Additionally, furniture production creates a great deal of wood dust. Despite large dust extraction systems installed in the workshop, with most wood dust promptly extracted and cleaned, it’s still hard to completely avoid the harm of wood dust. Therefore, during work hours, masks must be worn, and employees are prohibited from not wearing masks in the workshop during work hours.

Many workers find masks uncomfortable and inconvenient, thus resisting wearing them. Excessive inhalation of wood dust makes them susceptible to pneumoconiosis, but masks can effectively prevent such occurrences.