My Age of Investment
One thousand one hundred and twelve, touching other people's cheese
After hearing Liang Mengsong's words, everyone present turned their attention to him.
Immediately, some people complained in their hearts, wondering where such strong confidence came from. Gulf Power is an old company that has been involved in chip foundry for more than 20 years.
How can Fuxing Semiconductor, which has only been established for one year, and Huaxin International, which has been established for eight years and is facing internal and external difficulties, achieve the feat of surpassing Gulf Power after ten years of hard work? Bragging, right?
Most people are skeptical about this, and feel that Liang Mengsong is deliberately trying to please the big boss. Anyway, it is hard to say whether he will still be in office ten years later, and he does not need to bear responsibility.
Xia Jingxing didn't doubt Liang Mengsong very much. After all, as his name suggests, he was a well-known warrior in the chip industry.
In the previous life, the other party helped Samsung cross the process node from 28 nanometer to 20 nanometer. Instead of choosing to follow the process step by step, he jumped directly to the 14 nanometer node, thus saving a lot of research and development time.
At the same time, relying on this key technological breakthrough, Samsung briefly defeated Gulf Power, won a large number of chip foundry orders, and sat on the foundry hegemony for a period of time.
However, Liang Mengsong's brilliant achievements are inseparable from the fact that he stands on the shoulders of Samsung.
Fuxing Semiconductor has just been established for a year now. Even if Huaxin International is added, the technical foundation of the two companies together cannot catch up with Samsung.
Xia Jingxing found it difficult to say whether Liang Mengsong could help the company overtake Gulf Electric. For the time being, the company could not provide technical support comparable to Samsung's and could not bring out all of Liang Mengsong's talents.
However, Liang Mengsong himself said that the entire plan is divided into three steps, first shortening the technological gap to one generation, then catching up, and finally completing the overtake.
The entire plan is based on a ten-year cycle, with sustained investment and as a long-term goal, which is relatively reliable.
After all, within this decade, Fuxing Semiconductor will not stop developing, but will continue to increase investment.
Thinking of this, Xia Jingxing cast an admiring look at Liang Mengsong and responded with a smile: "This is what you said, and I take it seriously! Based on the military order you established, I will apply to the board of directors for a corresponding option incentive plan.
Every time you and your team complete a phased development goal, you will unlock some options. "
Liang Mengsong smiled and said, "If the company is willing to provide some material incentives, then I will be more confident."
Xia Jingxing smiled, Fuxing Semiconductor's employee option pool was the largest among all his companies, accounting for a full 30%.
He is not afraid that employees will divide up the 30% option pool, but is afraid that employees will not be able to divide it.
After all, Fuxing Semiconductor is now in the catching-up stage, and it has to face external blockade and suppression. The difficulty of solving key problems is far more difficult than that of other companies. It must be given heavy rewards before warriors will rush to emerge.
The reason why the Chrysanthemum Factory is so effective is because more than 90% of the shares are in the hands of employees.
Deng Yuanjun suddenly said: "Mr.
Xia Jingxing nodded and said, "That's about right. All the money will come from the Renaissance Industrial Fund, so it's not a big problem."
The shareholders present had different thoughts. They watched Xia Jingxing play more and more at the chip gambling table, and they didn't know whether they should speak out to dissuade him at this time.
Although they are only small shareholders and small LPs in Fuxing Semiconductor and Industrial Fund, they have invested real money after all, and they cannot ignore it completely.
But seeing Xia Jingxing's confident look that he wanted to "overturn Taiwan Electric and become one of the world's top 500 companies", many people held back what they originally wanted to say.
Xia Jingxing has always been very "democratic" and all major matters will be discussed and approved by the board of directors, giving the greatest respect to small shareholders.
Small shareholders are generally sensible and rarely speak out against the situation.
But then again, even if the small shareholders want to object, it is useless. So far, the controlling stake of Fuxing Semiconductor is still firmly in the hands of Fuxing Industrial Group.
Not to mention the Fuxing Industrial Fund. The big LP, Envision Capital, holds more than 90% of the fund shares. The GP is held by Fuxing Industrial Group, and the small LPs have no say at all.
The scene was very quiet for a time, and no one jumped out to object or agree.
Seeing this, Xia Jingxing said, "If everyone has no objections, let this matter be settled as it is."
Still no one said anything, Xia Jingxing simply announced the adjournment of the meeting.
After the meeting, Xia Jingxing retained Zhu Min, Chen Liwu, and Lin Xinhe. The institutions behind them were all shareholders of Huaxin International.
After some conversation, Xia Jingxing gave each of the three of them a task to persuade the organization behind them to agree to the merger plan between Fuxing Semiconductor and Huaxin International.
As for Singapore and the United States, Xia Jingxing also called Fu Jixun and Abel, assigning them a task to persuade Vertex Investment and Goldman Sachs respectively.
After these Huaxin International shareholders have been arranged one by one, there will not be many remaining international capital shareholders.
After years of construction, Vision Capital has also built some interpersonal networks.
Through these inextricably linked relationships, other international capital shareholders have also come online one by one, and each has arranged for people to connect and negotiate.
Xia Jingxing himself took on the most difficult task of liaising with government-owned capital.
Under the recommendation of the deputy prefect in charge of industry in Magic City, Xia Jingxing met with the head of Magic City Industrial Group.
The conversation between the two parties was quite pleasant.
Modu Industrial is a local government-owned enterprise that focused on production and operation in the early years. Now it has become the largest and most powerful company overseas with total assets of nearly 100 billion, net assets of more than 50 billion, and annual net profit of more than HK$4 billion. It is a strong comprehensive enterprise group that controls 7 domestic and overseas listed companies and invests in more than a dozen listed companies.
To a certain extent, the Magic City Industrial Group has become a financial group that does not engage in production. Their main task is to raise funds from the international capital market and introduce projects to the Magic City.
The reason why I invested in Huaxin International back then was to show Zhang Rujing the "sincerity" of the Shanghai government, thereby defeating Beijing and Hong Kong in choosing the location of the factory.
This investment promotion is undoubtedly quite successful. Since Huaxin International settled in Magic City, a large number of chip design and manufacturing companies have also followed, making Magic City a famous chip capital in China.
Although there is no Internet in Magic City, in the field of chips, it is a leader.
Now that the political significance of "Planting sycamore trees and attracting phoenixes" has been achieved, Modu Industrial Group has no intention of taking over the management of Huaxin International.
After Xia Jingxing revealed his intention to set up a chip design company in Magic City after Fuxing Semiconductor acquired Huaxin International and invest billions of dollars to build a new factory, the head of Magic City Industrial Group immediately agreed to obey the superior leadership. Arrangements were made to sell the shares of Huaxin International.
Although Modu Industrial Group did not make much money by investing in Huaxin International, it invested in a chip capital and received billions of dollars in investment from Xia Jingxing.
In terms of political calculations, he must have made a lot of money.
After solving the problem of Modu Industrial, the largest government-owned capital shareholder, Zhangjiang Hi-Tech, Pengcheng Venture Capital, Beida Jade Bird and other major government-owned capitals received the news one after another, and they all took the initiative to send people to contact Fuxing Semiconductor.
International capital and government-owned capital have opened the door to facilitate Fuxing Semiconductor's acquisition of Huaxin International. The process was much easier than Xia Jingxing expected.
Maybe Lin Xinhe was right, he underestimated his status and influence in the business world.
Xia Jingxing held a glass of red wine and stood by the window on the 49th floor of Jinmao Tower, overlooking the endlessly flowing Huangpu River at his feet. A BGM could not help but play in his mind - Lang Ben ~ Lang Liu ~
Just when Xia Jingxing was standing by the window, imagining that he could become Xu Wenqiang in the chip industry, and then kill everyone, Liu Xiaoduo suddenly trotted over on high heels.
"Mr. Xia, Mr. Zhang's phone number of Huaxin International."
"Has Lao Zhang done it as well?"
Xia Jingxing was a little overjoyed. He had only stayed in the magic city for a week, and good news came from all walks of life. If Zhang Rujing could get the internal Wanwan engineers, Huaxin International would be able to fully open its arms to Fuxing Semiconductor.
Without thinking too much, Xia Jingxing quickly took the phone from Liu Xiaoduo and said with a smile: "Mr. Zhang, I was planning to make an appointment with you today or tomorrow, but I didn't expect you to call me first."
There was silence on the other end of the phone for a while, and then a somewhat guilty voice came: "Mr. Xia, I'm sorry, I failed to live up to your request. The acquisition may have changed."
Xia Jingxing was stunned for several seconds before he came to his senses and quickly asked: "How could there be a change? International capital and government-owned capital have basically been settled."
"It's from within us!" Zhang Rujing on the other end of the phone sounded very angry.
Xia Jingxing frowned, "Wanwan's engineers are very resistant to merging with us?"
"This is not the case, it's some engineers and management from mainland China."
Xia Jingxing asked, "What then?"
“They want to introduce Dahan Telecom as a strategic shareholder! The TD-SCDMA communication standard launched by Dahan Telecom has a very large demand for chips, and they can establish a strategic partnership with Huaxin.
Moreover, we have had several rounds of talks with Dahan Telecom before, but there has been no follow-up from them. When we ask, we are going through the "approval process."
Now, Dahan Telecom didn't know whether it had received some rumors or whether the process review had really passed. They hurriedly came back to us and said that the approval process had been passed and they wanted us to sign a contract with them as soon as possible.
As you know, our internal relations are a bit complicated. Some people are closer to government-owned capital and feel that it is more convenient to conduct business domestically with a layer of protection. "
Xia Jingxing said nothing, looking at the turbid Huangpu River with faint eyes. He smelled an unusual smell! It’s very possible that someone else’s cheese has been touched!
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