Rebirth of the Richest Man In Black Technology

The Magic City is located in the east of China, the economic and political leader of the Yangtze River Delta, and is known as the Pearl of the Orient.

China's most famous chip manufacturing and foundry company is located here, in Jing'an District.

Today, SMIC is suffering from internal and external problems, and there are many small and medium-sized shareholders internally. The largest shareholder only owns less than one-fifth of the equity. This shows that there are many shareholders, and there are many foreign structures and companies participating in them.

Externally, we also need to face competitors and peer peepers, such as Samsung Electronics and TSMC.

TSMC even filed a second lawsuit against SMIC, accusing it of infringement and infringement of its chip manufacturing patent rights.

Zhang Rujing, the founder and shareholder of SMIC, is facing more troubles. As the soul of SMIC, he does not have a majority of the equity, only less than 1% of the equity.

Even if the equity interests of other founding teams are added, the right to speak is still very small and restricted by many shareholders.

"Rujing, your current situation at SMIC is very troublesome. I'm afraid there are many people waiting for you to leave SMIC."

"I am jealous of talents. I am jealous of others. I am afraid that SMIC does not want me to stay."

Faced with his friend's words, Zhang Rujing smiled self-deprecatingly. In order to rapidly develop chip manufacturing, he attracted a lot of funds to enter SMIC.

Naturally, there are many benefits. It has abundant funds and a quick start. In just three or four years, SMIC has become the largest chip manufacturing company in China and has been directly listed in North America and Hong Kong Island.

But the disadvantages have also emerged. Internal competition consumes huge amounts of money, interests are unevenly distributed among shareholders, and involution is severe.

"I'm afraid it's more about interests. You have always advocated long-term and continuous investment of funds to strengthen SMIC's self-research and technological innovation. However, some shareholders are short-sighted and feel that it has harmed their interests."

"The threshold for chip manufacturing technology is very high. If you don't have your own technology, you will inevitably be suppressed by others in the future and depend on others."

"You are right. SMIC is now showing some clues. If it were not for TSMC, why would SMIC be where it is now?"

SMIC has been sued by TSMC one after another, and it suffered compensation last year. Now it is sued again, and it may have to pay the same price.

The reason for all this is the issue of patented technology. TSMC has many patents in this area and is a giant in the industry.

SMIC must go beyond innovation and invest more funds, so that the company can develop better.

"You are right, technological innovation must continue. If SMIC cannot stay, then I will set up another company."

"Yes, if SMIC doesn't have a foothold for us, we can completely create another chip company."

Liang Mengsong nodded slightly. He and Zhang Ru, a high-end technician from Jingdu, certainly didn't want to take this anger anymore.

After Zhang Rujing was silent for a moment, he asked Liang Mengsong for his opinion, "What do you think of Haotian Group's proposal?"

Jin Yue of Haotian Group has been dealing with UMC in Taiwan and SMIC in Shanghai, hoping to get opportunities for cooperation, but unfortunately the final result was not feasible.

SMIC doesn't want to give up the cake at all. It's right to think about it. SMIC is the leading company in China's chip field. Even mobile phone manufacturers like Haotian Group are not worthy of giving up their share of the cake.

Liang Mengsong shook his head and was not optimistic about this kind of cooperation, because SMIC would suffer a lot. "The proposal is good, but it is a pity that it is very difficult to implement."

Zhang Rujing stared at Liang Mengsong and shrugged helplessly, "I didn't agree the first time, but even if I agree later, I'm afraid I won't be able to reach cooperation."

Liang Mengsong picked up the tea cup on the table and took a careful sip. The bitterness and sweetness of the tea made him feel relaxed and happy, "Now, the tea is good."

Zhang now looked at his friend angrily, picked up the teacup and tasted it carefully, "It's not bad. The boat will be straight when it reaches the bridge. Just let nature take its course."

Today's SMIC is probably no longer the company it once was. Their ability to control has weakened a lot, and they are more like a big customer bullying the owner.

The two of them fell silent, but Liang Mengsong hesitated for a moment and asked, "By the way, will there be a turning point in this shareholders' meeting?"

In early May, SMIC held a general meeting of shareholders to announce major events.

This is the most important thing for SMIC, and it may undergo earth-shaking changes.

The most critical thing is that Haotian Group is buying SMIC aggressively and seems to be preparing to take over SMIC!

Haotian Group is a large enterprise that no one can ignore. Haotian htone mobile phones alone have earned tens of billions or even hundreds of billions in revenue.

"It's hard to say, but it will definitely change drastically. This is inevitable."

"Rujing, you are right. Haotian Group's purpose is very clear. It is very important to gain the right to speak in SMIC, whether it is for Haotian Group to cooperate with SMIC or to entrust orders to SMIC. matter."

"Yes, Haotian Group and Hacker Group, two hardware and software companies, have a huge demand for chips, and Haotian's mid-to-low-end chips can probably meet most of Haotian's chip requirements."

The two people directly hit the point. Haotian Group especially needs chips, such as drones, smart furniture and other products.

And Haotian's purpose must be in this regard, but I don't know the specific way Haotian will develop it, whether it will be cooperation or entrustment of orders, or even a large-scale fight with the original shareholders.

They are very familiar with the background of SMIC's previous major shareholders and second shareholders. They are backed by the State-owned Assets Supervision and Administration Commission and are controlled by the Chinese local government.

of enterprises.

Anyone facing a company controlled by the State-owned Assets Supervision and Administration Commission would be a little shy, but Haotian Group is a large Chinese company and probably also has an extraordinary background. Greentown's leading local enterprise must be very well protected and has considerable energy.

"Then we'll have to wait for the specific situation in early May. By then our decision will probably be made."

"Yes, now we are just waiting for that day to come."

…

Feng Hao, Mo Xiao, Lan Wufeng took a plane and arrived in Shanghai in the evening on April 29th.

Just after getting off the plane, Mo Xiaolan looked at the high-rise buildings and sighed, "Mr. Feng, is this the Magic City? Compared with Kyoto, it is not bad at all, and it even looks like the economy is developing better."

This was her first time in the Magic City, and she was surprised by the evening scenery of the Magic City. It was definitely the most prosperous city she had ever seen.

Compared with the Magic City, Green City is like a countryside, far inferior.

The world's leading international city is so brilliant and attracts the attention of the world.

"Yes, it is indeed very busy. In terms of economy, the Magic City is no different from the Shenzhen City. It is even known as Beijing, Shanghai, Guangzhou and Shenzhen."

Feng Hao also came to the Magic City for the first time and was surprised by the high-rise buildings in front of him. This city was more glorious than Pengcheng.

But this is normal. The history of Magic City is much longer than that of Peng City, with hundreds of years of development history.

Pengcheng has only emerged in the past 20 to 30 years. It is an emerging city with rapid development speed and unlimited future prospects.

Feng Hao once witnessed the changes in Pengcheng. During his ten years in Pengcheng, the economy developed rapidly and high-rise buildings were built everywhere.

The three of them sighed for a moment, and Feng Hao called to Mo Xiaolan, "Let's go, Jin Yue must be waiting for us at the exit now."

Of course Mo Xiaolan and Wu Feng had no objection, and nodded slightly, "Mr. Feng, is it Mr. Jin who is here to pick us up?"

Feng Hao stared ahead and smiled slightly, "Yes, he has been in Magic City for a while, and he must know a lot about the situation."

Jin Yue has been to the Magic City many times and stayed for a long time each time. Of course, he is very familiar with the situation in the Magic City.

During this trip to the magical capital, he may be asked to serve as a tour guide to sort out the relevant situations.

Mo Xiaolan had never asked about the purpose of this trip before, so she asked curiously, "Mr. Feng, what is the purpose of our trip to the Magic City? Can you tell me?"

As a secretary, she certainly knows what things can and cannot be inquired about.

But now that they have all come to the Magic City, she will definitely come into contact with them. Now that she knows more about them, she may be able to better handle related matters and arrangements.

Secondly, she will take a management position in the future, and now she can take the opportunity to learn from Feng Hao, master relevant and useful knowledge, and pave the way for future work.

There was no need to hide these things. Feng Hao told Mo Xiaolan directly, "Xiaolan, this time, we came to Shanghai mainly to come to SMIC. Have a certain say in chip manufacturing."

Mo Xiaolan was even more surprised this time. She knew that Haotian purchased its original drone chips from SMIC. "Haotian has invested in SMIC? Is it for the chip R\u0026D company?"

"Yes, that's the most critical aspect of it."

"I see, then I understand."

Mo Xiaolan received confirmation from Feng Hao and instantly understood Feng Hao and Haotian's plan. Haotian is planning for the chip project. Originally, Haotian's chip research and development subsidiary had chip design plans, while SMIC was responsible for foundry and manufacturing of chips.

The combination of the two allows the chip to be turned into a finished product and achieve the final goal.

"Let's go, I'm afraid Jin Yue will be impatient waiting."

"Okay, let's go now."

A group of three people met Jin Yue at the airport pick-up exit.

"Mr. Feng, Mo Xiaolan, Wu Feng, hello."

As soon as Jin Yue saw Feng Hao and Mo Xiaolan, Wu Feng walked up quickly and welcomed them.

"Mr. Jin, long time no see."

"Hello, Mr. Jin."

"Jin Yue, long time no see."

Of course Feng Hao and the other three responded with smiles, but when Feng Hao saw this, he was not polite and said directly, "This is not the place to talk. Let's go directly to the hotel."

Of course Jin Yue knew this and responded with a slight nod, "Okay, Mr. Feng, come with me."

After driving around, they came to the car Jin Yue drove, a business sedan.

The group of people took a commercial vehicle to the Magic City International Hotel, and immediately found the room and prepared to check in.

"Mr. Feng, I am also staying at this hotel. You can put your luggage first and I will report to you later."

"Okay, then let's go back to our respective rooms first, meet up for dinner in an hour, and then discuss the specific situation. Is that okay?"

"No problem!" x3

Of course the other three people agreed to Feng Hao's plan.

…

Magic City International Hotel, at eight o'clock in the evening, in the temporary conference room where Feng Hao lived, he faced Jin Yue and asked, "Jin Yue, thank you for your hard work this time."

Jin Yue shook his head, slightly ashamed, "Mr. Feng, these are what I should do. This time I failed to acquire enough equity. This was my mistake."

After simply cleaning up, they had dinner. Due to something else, they made do with it in the hotel.

.

Of course, no matter how bad a five-star hotel is, it won't be any worse, but few of them thought much about enjoying the food. They ate in a hurry and went back to their rooms. Jin Yue was called to the room by Feng Hao.

Of course, Feng Hao understood the difficulty and did not blame Jin Yue. "It's okay. This is to be expected. After all, SMIC's stocks are already very scattered and fall into the hands of many overseas institutions and funds. It will definitely be difficult to get them." Got it, you did a great job.”

Jin Yue breathed a sigh of relief and said with a wry smile, "Mr. Feng, then we only own 7% of the equity now, so I'm afraid it won't be of much use."

Feng Hao showed a mysterious smile and said calmly, "Don't worry, I never fight an uncertain battle, and I also purchased a lot of equity from other channels."

When Jin Yue heard this, his eyes narrowed and he exclaimed, "Mr. Feng, what's going on?"

Feng Hao explained with a smile and explained the situation to Jin Yue, "I acquired part of SMIC's equity through Haotian Venture Capital, about 19%, at a huge price of 2.3 billion."

"Wenmeng Literary Director of Haotian Venture Capital?"

"Yes, it's him. This time I asked him to go to Hong Kong Island and North America just to secretly acquire equity."

"That would be great, then we can get favorable conditions."

"Yes, that's true. Please tell me about SMIC's situation. We were all contacted by phone before. I'm afraid I can't explain clearly."

Feng Hao explained the acquisition of Wenmeng to Jin Yue clearly, so that he could have a clear understanding of it.

"Okay, Mr. Feng, I understand. Now let me tell you about SMIC's situation."

"Just drink some water and speak slowly."

Feng Hao looked at Jin Yue's nervous look, pointed at the pure water in front of him, and said with a smile.

"Hey, SMIC is currently suffering from internal and external troubles, and internal infighting is very fierce. The founding team headed by Zhang now has conflicts with the rights and interests of some shareholders. I'm afraid it may be reconciled. Externally, it is faced with TSMC, UMC, Samsung and other companies The competition is at an absolute disadvantage. Especially in the face of TSMC, the relevant lawsuits may be enough to give SMIC a hard time."

When it comes to the situation of SMIC, Jinyue seems to have a huge headache, it is absolutely complicated, and there are so many institutional funds and companies involved, especially the capabilities of these shareholders cannot be underestimated.

Now that Haotian has taken a stake in it, I'm afraid it will be another bloody storm.

And whether the young man in front of him can lead Haotian to fight a bloody path.

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