Reinventing the Millennium

Xiong Xiaoge is a very principled investor.

More broadly speaking, Xiong Xiaoge is a very principled person.

Fang Zhuo knew this and was not worried at all that Old Xiong would go to DCM in anger and ruin his own affairs, not to mention that they had a connection with Yike.

Xiong Xiaoge knew that Fang Zhuo knew this and was determined to veto IDG's investment intention in ice core from the process.

Have a meeting, give Bing Xin a meeting.

Have a meeting, have a meeting with Fang Zhuo.

Xiong Xiaoge received an inquiry from IDG America about the ice core project. After he returned to the capital, he immediately held a discussion meeting and formally denounced Fang Zhuo and his ice core project within his company, expressing his emotions and opinions.

"This guy Fang Zhuo wants to turn his hand into clouds and rain, but I won't let him do it."

"The ice core project cannot be invested."

Xiong Xiaoge made an aggressive speech when he came up.

The number of participants at IDG China was relatively small, and others couldn't help but look at each other in shock when they heard the president's speech.

Xiong Xiaoge was full of evil and continued to criticize Fang Zhuo's behavior. From the earliest investment registration website to today's Ice Core, Fang Zhuo's development history is the history of blood and tears of venture capital.

Such a burst of wild criticism made Xiong Xiaoge feel thirsty.

"Ahem, Mr. Xiong." Liao Yu, who was following this trip to the Shanghai Investment Conference, took advantage of this moment to interject, "But ice core is a good project."

Xiong Xiaoge's eyes widened: "Why is this so good?"

Liao Yu was stunned, he hesitated and said: "This project has Fang Zhuo and Qiu Ciyun. This is the guarantee of the team leader. Goldman Sachs, Deutsche Bank, and DCM are the guarantee of the funds. There is the Luzhou local government." , Fang Zhuo will go to the capital to report to the leadership at the end of the month, which is a policy guarantee."

The more he talked, the more confident he became, and he asked, "No matter how you look at it, this is a very good investment project."

Xiong Xiaoge took a deep breath: "The investment is large, the cycle is long, and the returns are slow. I don't believe what Fang Zhuo describes."

"SMIC is about to go public, and it has only been more than three years. Isn't the most fearful thing about investment no return? Once SMIC goes public and gets more development funds, its continued development will definitely change the semiconductor industry pattern." Liao Yu said about this The deduction of the judgment is very confident, "The ice core may be the second core."

"What if something happens to SMIC?" Xiong Xiaoge hated the fact that iron cannot become steel.

Liao Yu frowned and said: "Mr. Xiong, if you have any sources of information about this, just say so. Investment itself has risks, and you can't just ignore them."

Xiong Xiaoge was stunned when he was about to speak. Regarding the future of SMIC, it was exactly what Fang Zhuo expressed. He only heard it at the time, but he did not doubt his vision and judgment.

He shook his head and said: "Bingxin aims to raise funds based on the benefits of SMIC's listing. The problem is that Fang Zhuo himself is not optimistic about SMIC's prospects after its listing."

Liao Yu said steadily: "Mr. Xiong, Fang Zhuo said he was not optimistic about SMIC, but you believed it. Fang Zhuo said he wanted to make ice cores well, but you didn't believe it. It was all what he said. You are not using the spear of his son to attack. The shield of the child? It’s not logically correct either.”

Xiong Xiaoge was speechless.

People in the conference room exchanged glances and nodded silently. Yes, you have to be logical.

Xiong Xiaoge glanced at the key elites of IDG and said in a deep voice: "Fang Zhuo has always taken risks. Some of his words are right, and some of his words are wrong. You have to issue a research report against this project."

"Mr. Xiong, it's already 2003, and Yike is about to go public." Liao Yu couldn't help but said, "If you can go public through insurance, don't you need more insurance?"

Xiong Xiaoge stared at Liao Yu with evil fire in his eyes: "Liao Yu, what do you mean?"

"I think Mr. Xiong is biased against Fang Zhuo. We have to speak based on the facts of the project." Liao Yu said simply.

Xiong Xiaoge slapped the table and said angrily: "You are so submissive in Yike, but you are attacking me hard! Can the research report be released!"

Liao Yu frowned: "Mr. Xiong, I can't accept what you do!"

Xiong Xiaoge laughed angrily: "Go to Shencheng. Hurry up and go find Fang Zhuo and report to work!"

Liao Yu shook his head: "I won't go, I have professional ethics!"

Xiong Xiaoge pointed at his general: "Then who has no professional ethics?!"

"Anyone who refuses to invest in a good project will have nothing." Liao Yu didn't mind expressing his opinions completely when it came to this job. "Whoever doesn't judge based on the facts of the project will have nothing."

Xiong Xiaoge’s face turned pale with anger!

Seeing that the president and director were quarreling until now, the people next to them finally started arguing.

"Mr. Xiong, Mr. Xiong, calm down. Goldman Sachs is also investing. At most, we can invest less."

"Mr. Xiong, Yike is going to be listed on the market soon. We will get something in return from Fang Zhuo. This is a good thing."

"Mr. Xiong, have some tea, have some tea. Anyway, it's the United States that wants to know about the project. We're not in a hurry. We don't want to get the money now."

Xiong Xiaoge listened to such persuasion and looked at their squirming eyes, and his face became even paler.

What a sin!

…

Goldman Sachs, Deutsche Bank, DCM, IDG, these are all well-known investment institutions.

Whenever you hear the name of any family in China, you will be in awe.

When these names were mixed with Fang Zhuo, semiconductors, and new projects, the media coverage became even more intense.

In fact, everyone doesn’t care much about the semiconductor industry, nor the wafer fab. Many people don’t know what it does at all, but this does not hinder the interest in such an investment project and the exploration of tens of billions of investment amounts.

Some media called him "the richest man in Shanghai", some reporters wrote "Fang Zhuo", some newspapers published "Mr. Fang", and some published "Mr. Xiao Fang".

Xiao Fang is always a nickname that may seem affectionate at first glance, but there are indeed different sources that prove that young Fang Zhuo has such a reputation in the business circle. Newspapers in Anhui Province learned of this situation, and even published it in the newspaper overnight. Unified change of title.

Tens of billions of investments are rampant.

With such heated discussions, the entire domestic semiconductor industry is hardly rejoicing, but is becoming more vigilant.

Because Fang Zhuo's aggressive approach to the industry was so fierce that people were poached from every manufacturer, every manufacturer!

As a result of this poaching move, domestic semiconductor manufacturers began to implement non-compete agreements to counteract this move and avoid the abnormal loss of key talents.

As the biggest victim of this vicious competition, Shanghai-based Huahong NEC is the most eager to implement a non-compete agreement.

Although the company sought connections to find leaders and dissuaded Fang Zhuo from taking large-scale actions at the administrative level, some rumors such as "just jump over and get twice as much" and "start with twice as much and start talking" still circulated among employees, which made people feel very uneasy.

Therefore, the replacement of non-compete agreements has become a top priority for the human resources department overnight. As the monthly salary payment day approaches, the replacement of non-compete agreements is linked to wages and bonuses, requiring the agreement to be signed before salary is paid.

As Huahong's ETCH process supervisor, Shen Duan has also been contacted by headhunters. However, he is obsessed with technology and his family is quite stable, so he just laughs off the calls from headhunters.

On August 10th, Shen Duan was called into the office by HR supervisor Sun Wenfang.

"Director Shen, you are also a veteran employee of our factory. I have a non-compete agreement, please sign it." Sun Wenfang said straightforwardly.

Shen Duan was a little confused. He picked up the contract and looked at it, wondering: "Three years? The amount of compensation in this regard seems a bit small."

Sun Wenfang asked: "Shen Duan, did Bingxin call you?"

Shen Duan shook his head and said, "I was approached by a headhunter, but I didn't agree."

"If you don't have an idea in your mind, you're afraid of being short of compensation." Sun Wenfang said, "Our factory should be worthy of you, Director Shen, you can't be without conscience."

"What does this have to do with bad conscience? I didn't even answer the call from the headhunter." Shen Duan stood up, a little angry.

"Then you sign it." Sun Wenfang said matter-of-factly.

Shen Duanzhi frowned and put down the contract: "I won't sign it unless the compensation is increased."

"Shen Duan, you want to go to the ice core? How much will they give you? You want to talk about money!" Sun Wenfang said angrily.

Shen Duan rarely interacted with Sun Wenfang, but he had heard about her reputation for her actions, and said calmly: "Don't accuse people unjustly. Only those of you who deal with human affairs must show your conscience."

"You say I'm unconscionable? Shen Duan, your wages have been increased!"

Sun Wenfang, who was transferred to Huahong from a state-owned enterprise, stared and raised his voice, determined to talk to Shen Duan about employees' conscience towards the company.