Rebirth Turn of the Century

On Children's Day, Xiaoyu is lucky compared to most people.

In the production workshop full of protective yellow light, she saw the complete process of sand turning into chips, not the kind of chip packaging pictures that others saw from the news.

What she didn't know was that this kind of 18-point manufacturing process picture would not appear in various news videos for a few years, whether it was at home or abroad.

As the visit continued, the major shareholders who were originally accompanying parties were gradually shocked by everything in front of them.

What surprised them was not the factory building that seemed to be in a science fiction world, nor the park that looked like a forest park, but the on-site teaching of senior engineers everywhere.

The scene of them explaining to the people around them while staring at the production was no less than a spiritual shock to these high-ranking officials on weekdays.

In another life, someone once commented: If working in Wanji Electronics is like working in an institution of higher learning, then SMIC is more like suffering in a typical government agency.

This is why after Zhao Song became the president, Li Deyin was hired as the general manager with a high salary.

"This is the changing trend of Huahong Semiconductor's R\u0026D investment, capital expenditure, and product average unit price (ASP) since Mr. Zhao Song served as president for more than two years."

Walking out of the production workshop, General Manager Li Deyin took out three charts and said, "The average annual growth rate of R\u0026D investment is 227%, and the average unit price of 12-inch wafers is decreasing year by year. Here I want to emphasize that the average unit price is the figure of the presidents of major fabs. It is a number that Mr. Zhao Song attaches the most importance to.

This number is an important indicator to measure the rise and fall of Huahong's competitiveness, because it symbolizes the company's "bargaining power!"

In the lush and lush park, the visiting team browsed around leisurely, looking at the back of the young man walking with his sister, listening to the introduction of Huahong's management experience in a Wan Wan accent, which is a novelty for many officials experience.

"Huahong is very lucky to have reached today's achievement under the nanny support of all shareholders in the past two years.

Here, on behalf of the majority of employees of the group, I would like to express my heartfelt thanks to you all!

Now, Intel is starting to tackle key problems in the 65nm process, Roddell is declaring war on the 90nm process, and a new round of semiconductor price cuts is coming!

So how will we respond to this tide? "

"..."

Li Deyin looked around and said solemnly:

"Expand the factory!"

"Large-scale factory expansion!"

At this time, a shareholder stood up with a solemn expression and asked, "Where does the money come from?"

Li Deyin shook his head without answering, and pulled out a petite woman from the group of executives leading the team.

"This is Ms. Sun Zhongping, the eldest daughter of the late Sun Liren, a famous anti-Japanese general. She has a Ph.D. in materials engineering from Cornell University and worked for IBM for many years."

The shareholders stared at the middle-aged woman with strange eyes. Of course, they had heard of this lady. She was most well-known for the accusation of attempting to mutiny for her father in the past two years.

People from Wanwan, the talents Wanji strives for must be Zhao Song's handwriting. I heard that the successor he chose is also a senior executive of Wanji Electric...

Thinking of this, many shareholders shook their heads and smiled wryly. This kid is considered to have reacted with Wanji.

"As the general manager of Huahong's corporate planning organization, she leads the staff team responsible for product pricing, production capacity, capital expenditure and other related planning.

In case of key large orders, Sun Zhongping's team will use numerical models to simulate the impact of price increases and price reductions on market share. Putting forward different scenario analysis, in the past two years, Huahong has led several price reduction negotiations for United Semiconductor, Shenzhou, China Unicom, etc. for large orders. "

Under Li Deyin's introduction, Sun Zhongping nodded reservedly, and then retreated among the executives.

Among the shareholders, Shenzhou's bearded man stared at the middle-aged woman with burning eyes, salivating.

"In the field of semiconductor manufacturing, price reduction is the most important means to grab the market, especially when Huahong is still trying to improve the 0.18 process technology. We stand at the bottom of the industry pyramid and cannot win with advanced manufacturing technology, so we must maintain To live in the current sound development, we need to expand the factory.”

"It's still the same problem. The state's support will be limited in the future. Where will the money for the expansion come from?"

"IPO!"

Under the stunned gaze of countless people, Li Deyin said firmly, "We handed over very beautiful book figures in the financial report last year. With the early implementation of IC cards, new bank cards, and second-generation ID cards, I believe that the group's financial report next year will Also good looking.

In the past two days, Mr. Zhao Song, the president, has obviously opened up a third battlefield for Huahong. I believe that with his layout, Huahong's third year's profit can be expected..."

"good!"

A shareholder shouted excitedly, "What else do you need?"

"Talents." Li Deyin replied, "Equity incentives will attract a lot of talents, but not high-end talents."

"..."

"I know that the group is going to hold a board meeting today. As the first executive that Zhao Song urged to attract, from a personal standpoint, I am dissatisfied with not being able to attend the meeting!"

"..."

In the silence, the bearded man stood up: "So you agree with Zhao Song's resignation as president."

"That's right!"

Under the angry eyes of many people, Li Deyin nodded and said: "What Huahong needs in the future is not a hard-working president, but a co-chief executive management system that has lost many constraints. This is also Mr. Zhao Song's promise at the beginning. Sun Zhongping and I The reason why people come here."

"..."

"Everyone, what I see now is that Mr. Zhao Song is trying to fulfill his promise, but you are complacent and trying to stop the efforts of the president who has brought everyone a great situation."

As an outsider, Li Deyin is very daring to speak. In his opinion, the best situation for Huahong is that Zhao Song will be the chairman, and then one or two senior executives will be brought in to take charge of Huahong with him as co-CEO.

It's a pity that, as a delicious big fruit, he can get promoted without doing anything. In the past two years, the chairmanship of Huahong has attracted so much attention, and it has been restricting the existence of Huahong's foreign executives.

Only Zhao Song holds this position. With his global influence and Huahong's pivotal position in this superpower, he can counter the influence of Bayji Electric in the industry and form a peace of mind for foreign executives like them. Appeal.

Zhao Song, who was walking in front, shook his head with a wry smile. He was not looking for the position of chairman. Whether he is the chairman or not, his support for Huahong will remain the same as before.

The purpose of going public is to maintain the current established model of the company's management system in the future and make it more transparent, scientific and healthy.

"Lao Li~"

He interrupted Li Deyin's plan to continue persuading, and asked with a smile, "What's next?"

"Today is Children's Day," Li Deyin nodded to Zhao Song with a smile, and introduced, "We will visit the most important and mysterious IC design department of Huahong Semiconductor with the children of the employees. There are also engineers from United Semiconductor. Just as dual shareholders, you will all see our many achievements in the past two years."

"Okay, then let's see and see together!"

Hearing that there were children, Zhao Song's eyes lit up, and with a wave of his hand, he led Xiao Yudang to walk forward first.

After a while, he and Xiao Yu were surrounded by children.