Reinventing the Millennium

The public opinion situation ended in a shocking way, which made many people unexpected and inevitably sighed.

It's not that I'm sighing at this person, but I'm sighing at the dangerous world, and I don't know who's wrong.

The news situation is more complicated. Although there is a general direction, it is still not easy to see who is who.

However, although Fang Zhuo, the president of Yike, who was involved in public opinion in the latter half of the process, was only glanced at with four words, his figure still faintly emerged as the fatal blow.

Although, Yike Group generally maintains a low profile.

Although, the initial reports came from the paparazzi media in Hong Kong.

Although, public opinion spreads through newspapers and media.

However, rumors spread throughout the world that Mr. Fang’s “unpleasantness” was worth a “well-known professor”.

This has nothing to do with whether there is evidence or not. As long as everyone thinks it is a clue that fits their imagination, it will be automatically attached.

For example, why was the media in Shanghai the first to reprint the news about Xiangjiang?

You can say that Shanghai City has a developed economy, the media atmosphere is relatively relaxed, and reporters are relatively fast and courageous, but you can also say that there is a push from Fang Zhuo behind this.

As for whether there is a deep-seated reason, even Yike's own employees have different opinions.

"The boss is busy with the company's listing. How can he take the initiative to get involved in such nonsense?"

"Mr. Fang has always been secretive. Once he starts, he will be able to capture it easily."

"Mr. Fang's actions are unpredictable. They come like thunder to suppress his wrath, and end up like the clear light of the river and sea."

Yike is in a silent period for listing, but the listing has been proceeding in an orderly manner. The employees chatted about the boss's stories in their spare time to relieve their boredom. For outsiders, this incident is destined to be a disturbing moment in this restless autumn. A popular topic.

On November 20, Zhang Hongli, general manager of the Asia Pacific region of Deutsche Bank, led his team to Hang Lung 23 to carry out the final process of investing in Bingxin CSMC.

Zhang Hongli can endure it.

Compared with Goldman Sachs, IDG, and DCM, he managed to survive until the end, until the Luzhou factory started pile foundation work, until the equipment was being transported back, and until Fang Zhuo was involved in public opinion and then came out, he finally made his move. , became the last director of Bingxin’s board of directors.

During this period, no matter how much Fang Zhuo urged or even offered inducements, Zhang Hongli remained unmoved, and the reason he gave was also very sufficient - the internal investment process of Deutsche Bank Investment was relatively complicated. It was not that he did not invest, but that he had to go through all the processes. cast.

"Mr. Zhang, Mr. Zhang, if Deutsche Bank doesn't invest, I will go to the United States to recruit a few more institutions. Your process is too slow."

Fang Zhuo complained repeatedly when he saw Zhang Hongli.

Zhang Hongli apologized again: "Germany's process is very rigid. Mr. Fang, it's hard work for us."

The two shook hands, symbolizing the completion of the first round of financing process of Bingxin CSMC.

From July to November, it took 4 months for the semiconductor project wafer foundry initiated by Fang Zhuo to finally receive all the scheduled investment. Fang Zhuo was not the only one to fight for Bingxin. Goldman Sachs, Deutsche Bank, DCM, IDG and Luzhou have become friends on the same boat.

Friends come over and have a drink.

Fang Zhuo warmly entertained Zhang Hongli that evening and chatted enthusiastically about the international equipment procurement for ice cores. In order to help, Goldman Sachs set up a working group to buy less sensitive equipment first.

In addition, Goldman Sachs has also connected several second-hand semiconductor equipment manufacturers, and it seems that they have indeed made some necessary preparations for this project.

After having enough wine and food, the two chatted for a while after exchanging projects.

"Mr. Fang, I heard that someone made you unhappy? Is this true?"

Zhang Hongli said with a smile that he didn't know which hand he was holding.

Fang Zhuo waved his hand: "Mr. Zhang, you are not the first person to ask me this question. Let me tell you, you still don't know me well enough. One of you doesn't understand how busy I am recently, and the other doesn't understand my personality. What's wrong with me?" I’ll take care of those messy things.”

Zhang Hongli laughed twice: "Yes, yes, Fang always keeps talking, but there is indeed a lot of gossip recently."

Fang Zhuo brought up a glass of wine: "As long as it doesn't affect our project."

"Yes, yes, Mr. Fang, let me toast you again." Zhang Hongli invested, and his attitude was much warmer than before.

As the last company to invest when Bingxin basically completed financing and actively pushed forward the progress, from his own point of view, he was still a little embarrassed. Zhang Hongli also felt that Mr. Fang complained about "I have to raise funds again." "Several institutions" is not a lie.

Goldman Sachs provides the convenience of equipment procurement, IDG has wide popularity at home and abroad, and DCM is happy after all.

What about yourself?

Just some bad money left.

Zhang Hongli was happy and proud of successfully investing bad money into the project. After discovering Fang Zhuo's little setup for DCM, he considered that the young president did have the title of "Venture Capital Hunter" and was cautious. Fill it up directly.

After multiple confirmations and multiple inspections, it was finally determined that this was a high-quality project that could be invested.

The more wine I drink, the more true my feelings become.

By the time the dinner was over, Zhang Hongli and Fang Zhuo were already brothers.

"Brother Fang, let me congratulate you in advance for ringing the Nasdaq bell."

"Brother Zhang, hey, let me lend you some good words. See you later, see you later."

Fang Zhuo waved to Zhang Hongli who got into the car and watched the man's car leave before dealing with the missed call.

The hotel for tonight's dinner was not far from home, so he didn't plan to take the car back. He was going to enjoy the night breeze and stretch his legs.

There were a lot of missed calls, from Luzhou, New York, Yike, Sina...

Because the phone calls were never connected and there was no second call, I guess it was no big deal.

Fang Zhuo contacted Luzhou Bingxin, Shencheng Yike, and Jingcheng Sina one by one in an orderly manner. As soon as he passed through... he found that none of the calls were for business, all were chatting.

Seeing that he was about to arrive home, Fang Zhuo left his last call to Yu Hong in New York.

Beep beep, didn’t get through.

Just when Fang Zhuo was about to put his phone in his pocket, he saw Xiong Xiaoge calling in.

He said concisely and concisely: "Old Xiong, tell me."

"That professor you fucked up?" Xiong Xiaoge went straight to the point without saying anything.

"Yes, it was me who transformed into a stewardess." Fang Zhuo admitted generously.

"Bah!" Xiong Xiaoge asked, "When will Yike submit the registration?"

"It's definitely the 28th of this month. I'll fly to New York next month." Fang Zhuo said about the itinerary.

Xiong Xiaoge calculated the time and submitted the registration to the SEC in 8 days.

He took a deep breath and said with emotion: "It's finally going to be listed, and our IDG investment will finally pay off."

"In total, Yike's road to listing is relatively fast. You IDG didn't wait too long. This is obviously a very cost-effective investment." Fang Zhuo said calmly.

Xiong Xiaoge raised his voice: "IDG didn't just vote for you, Yike!"

"Have you seen Taobao established by Alibaba? I think the future of medicine is not without hope. Its online medicine will have a lot of room for growth. How about we talk about this when I come back from the United States?" Fang Zhuo asked.

Xiong Xiaoge agreed. He also wanted to bring new luster to a frozen investment.

After chatting for a while, Xiong Xiaoge suddenly asked with some concern: "There won't be any trouble this time, right?"

"Registration has to be submitted. Yike's business and finances are fine, and the stock market can benchmark Apple, which has been recognized. At most, the final stock price will be close, but I am confident." Fang Zhuo said with a smile.

Xiong Xiaoge felt a lot more at ease and agreed: "Yes, it has already reached this point."

Yike's road to listing is in a silent period according to regulations and has not been disclosed to the media. However, several shareholder institutions are clearly aware of the progress and the contents of the prospectus. Everyone is looking forward to the results of this listing.

Xiong Xiaoge was chatting happily when she suddenly heard Mr. Fang's voice on the phone.

"Hang up, hang up."

"What's wrong?" Xiong Xiaoge hasn't had enough chat yet.

"I'm home, I don't have time to talk to you anymore." Fang Zhuo gave the reason and hung up the phone. The group of people today are quite idle. Don't they know that the president is busy with affairs?

Xiong Xiaoge was speechless while listening to the beeping on the phone.

He shook his head, put away his phone, and thought about Yike's listing.

How can we lose this time?

…

On November 23, there is light snow in the lunar calendar. According to the lunar calendar, light snow falls on the fifteenth day after the beginning of winter every year.

On this day, the yang energy in the sky rises, and the yin energy in the earth decreases. Heaven and earth are blocked, yin and yang do not communicate, and vitality does not appear. Therefore, all things lose their vitality, heaven and earth are blocked, and it turns into a severe cold winter.

At such a node that symbolizes a turning point, Taiwan Semiconductor Manufacturing Co., Ltd. has officially taken action against SMIC in the United States.

TSMC went through two procedures.

1. Apply to the U.S. International Trade Commission to initiate investigation procedures, claiming that the import and sale of SMIC's semiconductor devices infringes its patents.

Second, sue SMIC in a U.S. court, claiming that the latter has infringed on many of its patents and stolen some trade secrets.

TSMC is undoubtedly No. 1 in the wafer foundry segment of the IC industry in the world today!

It just beat Intel head-on this year, further expanding its market share.

SMIC, established more than three years ago, ranks fourth in the world as a foundry and is developing extremely fast!

However, founder Zhang Rujing did poach many people from TSMC at the beginning of its establishment.

The news from TSMC about SMIC reached China at 7 o'clock in the evening. Zhang Rujing learned about it immediately and notified the company management and board directors to convene an emergency meeting to discuss countermeasures.

The meeting time was set at 7:30 p.m., but it hadn't started yet. Everyone who got the news knew that TSMC was coming at the sensitive time when SMIC was about to go public.

Even if there is a silent period for listing, and even if SMIC does not promote its own listing plan, the outside world will still have estimates, and competitors like TSMC will pay more attention to the news and analyze it from time to time.

Now, TSMC is clearly aggressive and has found the most uncomfortable time for SMIC.

This posture makes SMIC uncomfortable and will inevitably impact the foundry link of the domestic IC industry.

As shareholders of SMIC, as shareholders who participated in SMIC's first round of financing, Goldman Sachs Group and Deutsche Bank received Zhang Rujing's notice immediately.

Soon, Xu Kaiwei of Goldman Sachs and Zhang Hongli of Deutsche Bank received brief situation analysis.

TSMC has launched a sniper attack on SMIC's listing, and it is said that the other party has obtained a lot of tangible evidence and will not be satisfied with just delaying SMIC's listing.

Xu Kaiwei was abroad and could not attend the meeting, so he appointed the vice president of Goldman Sachs in China to go to the meeting.

Zhang Hongli was in Shanghai. He hurriedly arrived at SMIC by car and participated in the emergency meeting.

SMIC's conference room was noisy. Although Zhang Rujing personally presided over the meeting, news from the United States that was difficult to tell was true or false would interrupt the meeting from time to time. At one time, TSMC might withdraw the lawsuit, and at another time, TSMC said that it would sue to the end and would never accept it. Mediation.

Zhang Rujing himself was a little at a loss.

"Mr. Zhang, what's the best case scenario? What's the worst case scenario? Will this affect the listing?"

Zhang Hongli was in a very solemn mood and took advantage of a break in the news to directly ask Zhang Rujing.

"It's hard to say, TSMC exceeded my expectations this time. We, we should actively respond to the lawsuit." Zhang Rujing frowned deeply.

"Did SMIC infringe on patents? Did SMIC steal trade secrets?" Zhang Hongli asked the most fundamental question.

Zhang Rujing pondered: "It depends on the laws in the United States."

Zhang Hongli felt that he heard the implication of these words, and he took a breath. At this moment, he was not only worried about SMIC's listing, but also thought of the US$125 million that Deutsche Bank had just invested.

He thought of CSMC, ice core, and Fang Zhuo!

Deutsche Bank just completed its investment in Ice Core, just a few days ago!

How to explain this, how to explain it!

Zhang Hongli listened to the noise in the conference room, thinking about SMIC and Bingxin, TSMC and patents, and was confused for a moment.

What impact will this have on ice cores?

Can the procurement of international equipment proceed as scheduled?

Are the talents discovered by Ice Core also from TSMC?

No matter what the answers to these questions are, judging from TSMC's stance on suing SMIC and Zhang Rujing, this is a big negative for the domestic semiconductor foundry industry.

The emergency meeting lasted for two hours, and Zhang Hongli's mind was buzzing. The meeting assessed that the worst outcome was that the company would not be able to go public, and the best outcome was that TSMC would withdraw the lawsuit.

But why did TSMC withdraw the lawsuit?

Zhang Hongli thought about it, but couldn't think of a reason.

He was sitting in the car on the way back, thinking about the smiling face of the young president when they had a drink together two days ago, and suddenly felt a little dazed in his heart. Was this, was this also part of his calculation?

impossible.

Zhang Hongli took out his phone in a daze and found Fang Zhuo's number.

However, before pressing the number, he suddenly had a change of heart and decided to inform other institutions involved in Bingxin's first round of financing of the news.

Zhang Hongli’s first call was to Xiong Xiaoge, President of IDG China.

"What?"

“TSMC sues SMIC?!”

When Xiong Xiaoge heard the news, the high-pitched voice on the phone broke.

TSMC sues SMIC?

Sue SMIC!

SMIC!

core!

Grass!