Military Technology

After the event, Wu Hao and the others took a short break, drank morning tea, and then started working.

This will also be the first board meeting of Core Technology Co., Ltd. attended by all shareholders. In addition to Wu Hao and his shareholders, this meeting also includes the management of Core Technology, that is, Yuan Shouyi and the others.

Wu Hao and the others will listen to their relevant work reports on the board of directors, and discuss and decide on some major issues of the company.

The meeting was held in the small conference room of Core Technology Co., Ltd. The environment of this conference room is still very good. It should be said that the environment of the entire Core Technology Co., Ltd. park is good. This park is located in a high-tech industrial zone in the suburbs. The local government has also approved a large park for them, with a total area of ​​more than 1,000 mu. In this park of more than 1,000 mu, in addition to the office park, there is also the entire park. Research and production park.

The construction of the entire park was rebuilt on an unfinished factory project. In order to catch up with the progress, it was chosen to accept this unfinished factory project after many investigations.

This saves them a lot of time. It must be known that if the site is re-selected, a series of problems will be involved, such as the most time-consuming and labor-intensive problem of poor money and land leveling, which will take a lot of time.

So in the end, after continuous on-site inspections and the strong recommendation of Shanghai's local leaders, they finally took over this unfinished project.

For the local leaders of Shanghai, it is definitely a great thing that this unfinished project has finally been accepted, and it can be regarded as the reuse of resources.

A professional design and construction team was hired to conduct a comprehensive inspection and evaluation of the building facilities in the unfinished factory area, and re-planned according to the actual situation of the factory area. Judging from the inspection and evaluation results, it is still very gratifying. Most of the buildings in the factory area are still in very good condition and can be used completely.

Therefore, after the design and planning team reserved some available building facilities, they built relevant laboratories and manufacturing workshops according to relevant requirements.

In order to catch up with the schedule, the entire construction period was compressed very tightly. It only took seven months from the start of the construction to the completion of the construction. Including the subsequent decoration, it took a total of about ten months.

Yuan Shouyi took the R\u0026D team he built and company employees moved here from the rented building, and immediately started related research work.

In the small conference room, Wu Hao and the others lined up in front of the conference table, looking at the big screen in front of them, listening to the work report from Yuan Shouyi and the others.

During the work report of about 40 minutes,

Yuan Shouyi gave everyone a detailed introduction to Core Technology from its inception, to the entire R\u0026D process, and the final success process, and then listed the difficulties they are currently facing.

One of the core problems is the lack of money.

Regarding this question, all the shareholders in the meeting room seemed a little silent. The entourage sitting in the back row and the management cadres of Core Technology all held their breath, nervously watching the reactions of the shareholders sitting in the front row.

Facing the silent crowd, he was still an old horse, and he was the first to break the calm. He looked at everyone present, then coughed and said, "Silence can't solve the problem, now the problem is in front of everyone, let's talk about it."

How long has it been? One hundred billion is burned out, which is too fast. Li Feihong couldn't help but speak.

Sun Shu, who was sitting on the side, said, "The lithography machine research and development industry is a project that burns money, but it is indeed a bit..."

Sun Shu didn't finish his sentence, but everyone understood what he meant. Undoubtedly, he also felt that the speed of burning money was a bit too fast.

And Tao Zhengyang, who has some knowledge about this aspect, said: "Whether it is lithography machine research and development or chip manufacturing, it is a very expensive industry, and this time we have entered these two industries at the same time. In fact, not many, even relatively few.”

Xue Bing nodded and said: "Indeed, whether it is the research and development of the lithography machine at the Core Technology Company, or our factory construction in Shudu, they are all money-swallowing monsters. Compared with other companies, what we are talking about is There are fewer."

Hearing what everyone said, Wu Hao knocked on the table and said: "I don't think everyone should worry about the 100 billion anymore. It's already been spent anyway, so what can we do? As for where it went, is it so expensive?" If you have any doubts, you can check the accounts, or send a professional team to audit.

I think these are all right, this is the rights and interests of shareholders. What we are going to discuss now is that we have no money, what to do now, and how to solve it. "

After finishing speaking, Wu Hao looked at the old horse and brother Xiao Ma beside him. In this regard, they have long expected it, and have always left behind.

After feeling Wu Hao's gaze, Brother Xiao Ma immediately said: "The project has reached this stage, what can be done is to increase investment. Everyone knows the development prospects of this project, and I don't think there is any need to invest in it." What concerns."

Words cannot be said that way.

Liu Qi, who was sitting opposite Brother Xiao Ma, said to him: "The development prospect of this project is very good, everyone knows it. But we also need to formalize the difficulties and problems that this project will encounter.

First of all, we must face the pressure from the West and our powerful rival Helan. They definitely don’t want us to have this kind of high-process 5-nanometer EUV lithography machine, and they will do everything possible to target us.

I won't talk about other aspects. I believe that everyone must know about those methods, and even have experienced them. Speaking of this, Liu Qixiang glanced at Wu Hao and Tao Zhengyang, and then continued: "Let me just say one thing, this is what Western companies are used to." How do they loosen the control on our 5nm EUV lithography machine and allow the 5nm EUV lithography machine to be exported to China? Then what should we do? Can we compete with each other.

In addition, if the other party unblocks the export of your most advanced 3nm and 2nm chips in order to suppress our 5nm EUV lithography machine, then how should we deal with it.

This project is good, but for our investors, the most undesirable thing is to only see the immediate benefits and ignore the risks behind the benefits.

Therefore, I think we should make sufficient preparations in this regard, and further examine the risks of this project, so as to face them rationally. "

At first glance, Liu Qixiang's words are correct, there is indeed such a problem. But the core meaning of his words is still refusing or opposing additional investment. For an old Jianghu like him who has been in the capital market for many years, what he has to do is to pursue the maximum benefit, rather than take greater risks.

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