Rebirth of the Richest Man In Black Technology
Chapter 522 Strong Response
Thirty percent? !
Holding companies, or indirectly holding companies, can only reach a ratio of 30%!
This is clearly because they are worried about him. They are worried that Haotian Group and Haotian Venture Capital will buy up the equity of SMIC, causing Datang Telecom and Shanghai Industrial to lose their right to speak.
Feng Hao passed all kinds of thoughts in his mind and instantly understood the plans of these two companies.
At present, Haotian Group and Haotian Venture Capital hold a total of 26% of the shares, which means that they can only hold 4% more shares. He is not satisfied with this ratio.
"Mr. Li, Mr. Zhang, if it is only 30%, it is really a bit less, right? At present, the three of us only have 57% of the equity, which is just over half!"
Feng Hao stared at Zhang Jun and Li Jianjun with a straight face, and responded with a very dissatisfied tone.
"Mr. Feng, although our current three companies combined are not large, there will definitely be growth in the future, so 30% is the upper limit!"
Zhang Jun still shook his head, obviously unwilling to give in. If all restrictions were relaxed, Haotian would be able to directly control the company.
Relatively speaking, they are more willing to let Datang Telecom take control, as the largest shareholder of Core International.
"Mr. Zhang, Mr. Li, SMIC will definitely grow in the future, so now we have to take back the shares and control them in our own hands. Are we going to make wedding dresses for others?"
If according to the plan of Datang Telecom and Shanghai Industrial, Haotian Group and Haotian Venture Capital only obtain part of the equity, and the rest are used to make wedding dresses for others, then how can he make a big effort?
If he holds 30% of the equity but has to contribute more than half of his efforts, Feng Hao will not do this kind of absolutely loss-making business.
"Mr. Feng, do you mean to clear out the small and medium-sized shareholders and only keep some in the stock market?"
"Yes, SMIC will definitely continue to grow, and its future prospects are limitless. As for small and medium-sized shareholders, try to eliminate them as much as possible."
"If we do this, then the capital we invest will probably be very huge. Just acquiring the equity is enough for us to drink a pot."
"Mr. Li, Mr. Zhang, SMIC is the backbone of China's chip manufacturing industry. You don't want to wither like this and be restricted by external companies, right?"
After hearing Li Jianjun's words, Feng Hao curled his lips and stared directly into his eyes.
China's chip companies must have a say, and SMIC is a key leader among them and must develop.
Many companies, even the Chinese government and high-level officials must have this wish, and companies that stand in the way will definitely not be favored.
"Of course we hope that China's chip companies can rise, and companies including SMIC can grow without being restrained by external companies, but the current situation does not allow us to invest a lot of money!"
Zhang Jun nodded slightly, then shook his head. Of course he hopes that SMIC will rise, but if Haotian Group is completely controlled, they will basically have nothing to do!
Li Jianjun also nodded, intending to hear what Feng Hao meant first, "Mr. Feng, what do you mean?"
He listened to Feng Hao's words and looked at the look on his face. I'm afraid he had another plan in mind!
In this case, let's first listen to Feng Hao's truest thoughts, what exactly he is planning to do, and what new plans he has.
Li Jianjun's sudden release made Feng Hao stunned. Then he pondered for a moment and spoke slowly, "Mr. Zhang, Mr. Li, regarding SMIC's equity, we each acquire equity from other equity interests based on our capabilities. At most It can exceed 50% of the total, what do you think?"
"Fifth floor? If that's the case, then the competition between the three of us will be extremely fierce, and we will have to pay a huge price to get more equity."
"Mr. Zhang, Mr. Li, want to make money, want equity, but don't want to pay, so how can such a good thing be possible? Secondly, even if you get the equity, it will still require a lot of capital investment in the later stage. SMIC can't always Isn’t it going to develop?”
Feng Hao threatened that SMIC would definitely not retain those companies that wanted to support the elderly.
SMIC has not been seeking development, so how can it make progress in the chip competition?
This time, relying on the background of Minister Zhang of the Ministry of Industry and Information Technology, he will definitely take the opportunity to gain more say and completely solve SMIC's problems.
"Mr. Feng, we will discuss the equity later. No one can convince me now."
Li Jianjun frowned and curled his lips. The negotiation was so difficult, and Feng Hao was so unscrupulous with this minister's background.
The issue of equity ends here.
He remembered his boss's words and tried to let Haotian take the lead, so he decided to see the results of the negotiation on the other two matters first.
Future management, and development directions.
So, he spoke slowly again, "Mr. Feng, let's talk about the arrangements for future management. What are your plans?"
Zhang Jun also stared sideways at Feng Hao with a gloomy expression. The richest man in Guangxi Province and one of the top richest men in China is indeed not an easy person to deal with!
Seeing Li Jianjun's posture, Feng Hao's heart relaxed a little, and he understood that Li Jianjun should make some retreat.
As for the extent of concessions, it may depend on the future development of SMIC.
Feng Hao looked up at Li Jianjun and then at Zhang Jun, "Mr. Li, Mr. Zhang, we naturally hope to make money when we join SMIC to supplement our respective industrial chains, and our Haotian Group is no exception.
Many companies in China require chip products for various products, and chip manufacturing is very important. Currently, there is only one decent company in mainland China, SMIC, so we need to
Take it seriously, and the same is true for management.
Our Haotian Group will send people to manage and monitor chip manufacturing, and even supervise related research and development progress, but we will not be involved in specific business. "
Since Haotian Group has decided to take a stake, it naturally needs to control the right to speak, and it must be tougher on management, even when facing Datang Telecom and Shanghai Industrial!
But Feng Hao doesn't want Haotian Group to participate in the specific business of chip manufacturing. Controlling SMIC is enough!
After saying this, Feng Hao paused for a moment to let Li Jianjun and Zhang Jun receive the information, and then he slowly said, "As for the positions of chairman, president, etc., the chairman is recommended and elected by the shareholders' meeting. As for the president, I It is recommended that Zhang Rujing be in charge."
Before Feng Hao finished speaking, Zhang Jun asked, "Zhang Rujing, is he qualified? I think keeping him here may not be a good thing. He has conflicts with TSMC."
Today, Zhang Rujing's situation at SMIC is not good. Among them, Shanghai Industrial is adding fuel to the fire. In addition, Datang Telecom is not doing anything, and the situation is even more worrying. He can't even keep his position as president.
"Mr. Zhang, Zhang Rujing is the founder, and together with his team, there is no doubt about his professionalism and ability. As for the tense relationship with TSMC, it doesn't matter. It's just that we can't patent part of it."
"Mr. Feng, why do you think so highly of Zhang Rujing?"
"Mr. Li, of course, values his ability. He has worked in Texas Electric in North America and also worked in a chip company in Taiwan, so he is naturally qualified for this position. Other than him, others may not be suitable."
Feng Hao naturally supports Zhang Rujing's arrangement and retention. With Zhang Rujing and Liang Mengsong, SMIC will definitely be different and can shine more.
Don't underestimate any expert who has reached the top level in a certain field. They are all precious. Zhang Rujing and Liang Mengsong are at this level now.
Li Jianjun understood what Feng Hao meant. He wanted to keep the founding team such as Zhang Rujing and Liang Mengsong and let them continue to manage SMIC. No wonder Haotian would delegate power!
But this does not satisfy Li Jianjun or Datang Telecom. As a result, there are almost no changes. "Mr. Feng, these are not many changes, and they are not convincing enough!"
"Mr. Li, the management team is basically like this. There won't be much change for the time being. As for how to develop, that is the key!"
"Mr. Feng, do you mean to change the direction and plan of development?"
"Yes, SMIC's current technology accumulation is not particularly bad. The key lies in the lack of innovation and the lack of certain key technologies. This is where we need to improve."
"Innovation and research and development will definitely be improved, but the technical threshold of chips is very high, and I am afraid it is not something that SMIC can achieve."
"Mr. Li, Mr. Zhang, what do you think of the skill level of Haotian Group and the hacker group?"
Seeing Li Jianjun's response, Feng Hao asked him back with a smile.
Chip manufacturing mainly depends on etching and photolithography technologies, and SMIC must master these technologies. In the previous life, technological breakthroughs related to etching and photolithography were made around 2010. China still had a chance, and Feng Hao still had a chance!
In 2001, the chip manufacturing process was 130 nanometers, and the Pentium processor used at that time was a 130 nanometer process.
2004 was the first year of 90 nanometers. In that year, Pentium 4 adopted the 90 nanometer process technology and its performance was further improved.
At that time, there were many manufacturers that could achieve the 90nm manufacturing process, such as Intel, Infineon, Texas Instruments, IBM, as well as UMC and TSMC.
2006 was the first year of 45nm, and it was basically stuck here. The chip currently used in Haotian htone mobile phones is this kind.
Feng Hao recalled the situation in his previous life, especially the development of chip manufacturing processes.
It was not until 2012 that the process technology developed to 22nm. At this time, there are still many manufacturers in the world that can reach the 22nm semiconductor process technology, such as Intel, UMC, MediaTek, GlobalFoundries, TSMC, Samsung, etc.
2015 became a watershed in the development of chip manufacturing. When the process technology entered 14 nanometers, UMC stopped there.
In 2017, the process entered 10 nanometers, and Intel fell behind at 10 nanometers. In the past, Intel's chip manufacturing process was the only one in the world, and TSMC, Samsung, etc. were all following behind to catch up.
In the field of 7 nanometers, Intel has been unable to break through so far, and another American chip foundry giant, GlobalFoundries, also fell at 7 nanometers.
In 2018, the process entered 7 nanometers, and "TSMC" became the biggest winner. The U.S.'s own foundry leader Intel fell at 10 nanometers, GlobalFoundries fell at 7 nanometers, and when it comes to the more difficult 5 nanometers, only Samsung and TSMC are left.
By the time of his rebirth, TSMC had become a leading company and dominated the scene. However, chip production by Huawei and other companies was curbed because they did not have manufacturing processes!
In other words, there are still few companies that can keep up with the development of chip manufacturing processes so far, and the process has not changed much.
SMIC can take advantage of the opportunity to surpass it, as long as it invests enough funds. Carry out massive innovation and research and development.
Secondly, Haotian Group has mastered a 32nm bionic chip design from the black technology system, but currently it only lacks the production process!
Li Jianjun looked at the silent Feng Hao, seeming to be thinking about something, but did not hear his answer, so he asked, "Mr. Feng, what do you mean?"
Feng Hao stopped thinking, came to his senses, and quickly replied, "Mr. Li, I'm sorry, I want to think about something."
Somewhat lost in thought, what did you just say? "
"Mr. Feng, the Hacker Group and Haotian Group are indeed very impressive, but you have not made any achievements in the field of chips. It is said that the chips of your Haotian htone mobile phones are purchased from overseas."
"Yes, this is the case, but our Haotian Group can carry out chip design and research and development. We have achieved certain results so far, and we can do technology docking with SMIC in the future."
"Haotian Group has come this far? Can it design a chip solution?"
"This is natural. We can develop Haotian intelligent system. Although it is difficult to develop a chip design, we can still do it."
Having said this, Feng Hao had a confident smile on his face and responded very proudly.
Relying on the technology of the black technology system, and through his efforts and the joint efforts of many employees, Haotian Group has achieved fruitful results so far, especially the research and development and breakthroughs of certain core technologies.
For example, understand the basic intelligent system, the design of 32nm bionic chip, drone flight technology, etc.
"It's unbelievable. You actually did it. No wonder you and Haotian Group are so anxious to take over SMIC!"
Li Jianjun, Zhang Jun and other teams looked at Feng Hao and his team in surprise, that’s it! At the same time, their expressions changed, their mouths opened wide, and they were stunned. They really wanted to imagine that Haotian could do this.
"Yes, in the new chip R\u0026D and manufacturing, we Haotian can be responsible for the chip design. SMIC, on the other hand, focuses on manufacturing and is responsible for production. It is bound to break through 22nm technology as soon as possible."
"Mr. Feng, if this happens, I'm afraid it will be very scary to have to spend money."
"This is natural. The demand for funds will definitely be huge, but it is not impossible to solve it. SMIC can currently produce 3mm and 90nm chips, which can naturally be provided to Chinese-related companies, such as Hao Tian Group, Hacker Group, GigaDevice Innovation Technology, etc.
OEM chips, sell chips, get profits from them, and then invest in the research and development of new technologies! "
SMIC currently has some technology accumulation. Even if it is one generation behind TSMC and others, it has already reached 3mm and 90nm. SMIC can still produce chips of most processes and has even become the most important source of revenue.
"Mr. Feng, in this way, many problems can be solved. Is Haotian Group sure to have in-depth cooperation with SMIC?"
"Mr. Li, Mr. Zhang, do you think I'm joking?"
"Of course not, Mr. Feng, I will report to the leaders at the company headquarters regarding this negotiation."
"Mr. Feng, so am I."
Faced with Feng Hao's tough attitude and thinking of the previous leader's words, Zhang Jun and Li Jianjun looked at each other and nodded insignificantly.
The richest man in Guangxi Province, this young man Feng Hao is indeed extraordinary.
Under the current situation, they had to terminate the negotiations for the time being and report the relevant situation to the leaders at the headquarters.
When Feng Hao saw this, he breathed a sigh of relief and couldn't help but express his gratitude to Minister Zhang.
Without Minister Zhang's endorsement, he would probably have to agree to the conditions of Datang Telecom and Shanghai Industrial, and the equity would only reach the third level!
Although he can accept it, he will definitely not be very satisfied in his heart and may even reduce his investment in SMIC.
The 32nm bionic chip coming out of the black technology system will soon become a very important part of Haotian, related to the subsequent chip plan.
The results of this trip, so far, are very satisfactory.
Haotian Group can take the opportunity to expand its equity to 49% and control SMIC's absolute say!
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