Rebirth began in 2004
Chapter 492 Entering Huaxin International
The result of no restrictions is that everyone has no sense of urgency to achieve complete autonomy of chips.
Naturally, although Huaxin International has great strategic significance, no one thinks that such a chip foundry company is too important, and its market value is naturally not high.
In addition, the current situation of Huaxin International is not very good, so Hengtong Investment did not spend too much to acquire the shares of Huaxin International.
Even Huaxin International itself looks like a normal business operation.
Technology research and development?
If you have money, do it; if you don’t have money, do it less.
Hengtong Technology handed over some chip orders to Huaxin International, but with Huaxin International's current capabilities, it can only take on some orders for previous generations of chips.
This is normal business behavior.
Currently, most of Hengtong Technology's chip production is done by PMC.
"We are already quite mature in the 28nm process and we expect to be able to officially enter it in the second half of this year."
Zhao Junhai naturally received Chen Wei's arrival seriously.
Hengtong Investment holds 29% of Huaxin International's shares and is the de facto largest shareholder.
In fact, Huaxin International’s largest shareholder is the state.
It's just that the shares are held by several different companies. People who don't know it don't know very well.
Last month, Hengtong Investment suddenly announced a series of equity transfers and officially held 29% of Huaxin International shares.
In 2011, Hengtong Investment invested US$250 million in Huaxin International and obtained 11.5% of the shares.
With this sudden announcement of holding 29% of the shares, what does Hengtong Investment want to do?
In other words, what Chen Wei wants to do.
Then, Shencheng Microelectronics announced that its 65nm front-end lithography machine was officially in mass production, and people finally came to their senses.
Don’t you want Huaxin International to purchase photolithography machines from Shanghai Microelectronics?
This point, to be honest, is not a big problem.
Chen Wei: "The 28nm process is faster than expected."
Zhao Junhai: “It’s all the efforts of the R&D personnel.”
"For Huaxin International, technology is the foundation for survival, and we must continue to increase investment in research and development."
Zhao Junhai glanced at Chen Wei in confusion. He naturally knew that Chen Wei attached great importance to technology research and development.
I heard that Hengtong Group invests all the money it earns in scientific research.
But Zhao Junhai thought of something else.
What exactly does Chen Wei want to do?
Chen Wei has always been regarded by people as the kind of boss who attaches great importance to technology, even to the extent that he pays too much attention to it.
In China, many bosses have bought private jets, luxury cars, yachts, high-end residences, etc.
But it seems that these things have nothing to do with Chen Wei.
As for the rumors on the Internet that Chen Wei has an unusual relationship with a female celebrity, in everyone's eyes, this is nothing at all.
Young Mu Ai, there is no problem at all.
Judging from Chen Wei's series of layouts, Chen Wei is obviously building a huge industrial empire.
In the semiconductor field, everything is involved from wafer manufacturing to chip design, as well as electronic products.
Even chip manufacturing equipment can be solved.
This whole thing is from the upstream to the downstream of the industry.
A clear industrial chain has now been constructed.
Perhaps, mastering Huaxin International is the last piece of the puzzle for Chen Wei.
Let Chen Wei take control of Huaxin International?
It doesn't seem like a bad choice.
At least one thing is certain, with Chen Wei in charge, he can unify Huaxin International.
Even if someone wants to stab someone, they have to be careful under Chen Wei's intimidation.
Zhao Junhai: "Dr. Wei, I absolutely support increasing investment in technology research and development. As a domestic company that masters the most advanced chip manufacturing technology, Huaxin International has the responsibility to achieve independence in the field of chip manufacturing and not be choked by foreign countries."
Although PMC is nominally a Chinese company, China cannot control it.
What cannot be controlled does not belong to you.
There should be a clear understanding of this point.
"But, where is the board of directors now?"
In the past, Huaxin International did not have an absolute controlling shareholder, and after the founder left the company, there was no one with absolute say, so there was a lot of "chaos" within the company.
An army cannot move without a general; a snake cannot move without a head!
If a company does not have an absolute core person, then a lot of the company's energy will be spent on internal consumption.
If the development of an enterprise is stagnant, the result will naturally be that its competitors will catch up.
When the opponent catches up, there are only two situations: put aside differences and work together to deal with the outside world, or to fight against the outside world, you must first settle the internal affairs!
In most cases, what manifests itself is that internal friction will intensify.
Needless to say, the reason is that after defeating the opponent, they all feel that they can stand up and clean up the mess.
Therefore, if this happens to a leading company in the industry, if you buy the stock of this company, sell it as soon as possible.
There is a high probability that there is no chance!
Chen Wei: "Hengtong Investment will request a board meeting next week, and I will serve as the chairman of Huaxin International."
Zhao Junhai secretly said: Here we come!
He has no objection at all to Chen Wei becoming the chairman of Huaxin International.
Just a little bit stunned.
After Hengtong Investment announced that it held 29% of the shares of Huaxin International, Zhao Junhai had already expected that Chen Wei would make some big moves for Huaxin International.
Zhao Junhai originally thought that Chen Wei would be more involved in the management and research and development of Huaxin International, but he did not expect that he would directly serve as the chairman of Huaxin International.
It seems that Chen Wei attaches great importance to Huaxin International!
"The appointment of Wei Dong as the chairman of Huaxin International is the best thing for Huaxin International."
Chen Wei glanced at Zhao Junhai to see if he was sincere. Chen Wei was not worried.
"Next, I will mainly do three things: Huaxin International's refinancing plan, reform of the R&D department, and management reform. I hope Mr. Zhao can fully cooperate!"
Zhao Junhai: "Don't worry, Mr. Wei, I will definitely cooperate with you."
The refinancing plan is to expand Hengtong’s controlling position in Huaxin International and reduce the voice of some shareholders.
Zhao Junhai naturally fully accepted this.
He was also tired of the company not having an absolute controlling shareholder.
There is no absolute controlling shareholder, which means that there are various interests demands internally.
When these interest demands are intertwined, management has no way to stay alone.
There will also be internal consumption of the enterprise.
As for the reform of the R&D department, it should be Hengtong.
Zhao Junhai did not object to this, but was very happy with it.
I believe that the R&D personnel of Huaxin International are also willing to accept this.
After all, Hengtong’s R&D system has allowed everyone’s income to increase significantly.
What about management reform?
This makes Zhao Junhai a little worried, but since Chen Wei has told him, it means that Chen Wei still likes him.
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