Chapter 496 Gathering at SMIC

At this moment, Feng Hao was still worried about the chip of Haotian Group, thinking about various methods in his mind.

Now that Haotian Group has decided to invest in SMIC, it must take countermeasures to compete with Datang Telecom and Shanghai Industrial.

Haotian Group has strong cash flow, while Datang Telecom and Shanghai Industrial have strong backgrounds and relationships. No one can guess how the two will compete.

As the boss of Haotian, of course he has to think about Haotian Group and seek more benefits, even when facing these SASAC companies.

What Feng Hao didn't know was that Niu Daping of Guxing Capital and Li Xiangxiang of Sequoia Capital had already put a lot of money on him.

What they didn't know was that Feng Hao was worried about buying a stake in SMIC, but he had no solution in his mind.

It's all such a coincidence!

"Ring ring ring..."

The sudden ringing of the phone directly broke Feng Hao's contemplation. He came back to his senses and looked at the caller ID.

Literary League? !

Didn’t we just talk on the phone just now?

Is there anything else to report?

"Hello, Wen Meng, I'm Feng Hao."

"Mr. Feng, something bad has happened! SMIC has suspended all operations!"

"What? SMIC is suspended?"

Feng Hao, who was originally sitting on the boss's chair, suddenly stood up at this moment, his expression suddenly changed, and an incredible look appeared on his face.

Unexpected!

Trading is suspended during the session, this is a unique thing!

Could it be that those shareholders reacted and wanted to prevent Haotian from entering? !

"Yes, Mr. Feng, trading was suspended during the session. Just now SMIC issued an announcement to promote the internal planning of major events."

The Wenmen League's voice was also full of disbelief that SMIC was so decisive and killed his plan to continue acquiring shares in the cradle.

Now that they probably have no other way to acquire shares, wouldn't they have to start directly facing Datang Telecom and Shanghai Industrial?

Can Haotian Group and Haotian Venture Capital withstand it?

I hope Brother Hao can have plans and preparations, otherwise Haotian Group and Haotian Venture Capital will be in a worrying situation in SMIC.

This is not to blame for Wenmeng's worries. The longer he has been in the capital market, the more he knows how powerful companies with SASAC background are.

Datang Telephone and Shanghai Industrial are the leaders among them. They have strong backgrounds, many connections, and considerable funds.

"Okay, I know that the acquisition of circulating shares has been suspended, but you can contact other institutions and try to get more shares."

After a moment of silence, Feng Hao sat down on the chair again and gave instructions in a deep voice.

What Haotian Group should do still needs to be done, especially in Wenmeng and Jinyue, where there are also many things that can be done.

He will try his best to find other ways to deal with Datang Telecom and Shanghai Industrial.

…

"Chairman, SMIC in mainland China seems to have had some changes recently."

Liu Deyin reported to Zhang Zhongmou the information he had just received, which was related to SMIC, the strategic location they were competing for, and possible future competitors.

TSMC's factories and technologies in mainland China are subject to many restrictions. In particular, Taiwan cannot sell some technologies to the mainland, and many unpredictable things will happen.

Therefore, TSMC needs to find other ways to obtain profits in the mainland, such as suing SMIC and investing deeply in SMIC.

"Deyin, please sit down first and then talk about it. What happened to SMIC?"

Zhang Zhongmou raised his head and stared at this capable general with a smile on his face and asked in a deep voice.

SMIC is a competitor they need to face, so TSMC needs to pay attention to it and even personally participate in and intervene in related matters.

"Chairman, there are two things. The first is the suspension of SMIC's trading, and the second is someone's shares in SMIC."

"SMIC suspended trading? What is the reason?"

Upon hearing Zhang Deyin's response, Zhang Zhongmou's expression suddenly changed, his eyes widened, and he asked directly.

SMIC's sudden suspension of trading must be a major event, and it is a big deal if it concerns SMIC!

"Chairman, according to SMIC's announcement, it is planning major matters internally."

"Has SMIC achieved breakthrough results in a major plan? This is impossible. SMIC does not have such high-end talents, nor does it have so much funds for research and development."

Major event planning!

Upon hearing this, Zhang Zhongmou pondered deeply and couldn't help but guess.

SMIC does not have too many big things. What counts as a big thing is technological breakthroughs. It’s not that he’s blaming SMIC, but that in his eyes, SMIC’s technology is really bad!

"Chairman, I don't know the specific reason, but it may be related to the second thing."

Zhang Deyin hesitated for a moment and informed Zhang Zhongmou of his guess. This was what he thought was the possible reason.

"Someone is acquiring SMIC's equity?"

"Yes, someone is acquiring SMIC, and this company is very famous!"

"It's so famous. Could it be that a large domestic or overseas company or organization is going to join SMIC?"

Seeing Zhang Deyin's showoff, Zhang Zhongmou couldn't help but guess that today's SMIC is in chaos. Many companies are involved, but none

There are absolute controlling shareholders, that is, shareholders with more than 51% of the shares.

Such a situation has also resulted in many medium and large enterprises not daring to enter the market haphazardly. Only those with strong capabilities can barely cope with it.

"The chairman is from a mainland company, Haotian Group and Haotian Venture Capital!"

"Haotian Group, Haotian Venture Capital?"

"Yes, these are the two companies, Mainland Gui Province and Feng Hao's company."

"I see. Of course I know Haotian Group. It turns out that they want to invest in SMIC. Now a company wants to develop chips. Don't they know the difficulty of chips?"

Zhang Zhongmou shook his head. He admired the emergence of such a good smartphone company in China, but when it came to the chip industry, he was a veteran.

He is one of the top employees at Texas Instruments in North America and is a technical elite himself.

The difficulty of chip design and manufacturing is absolutely unparalleled. Things at the nanometer level are extremely delicate and completely rely on instruments, photolithography machines, etching machines and other equipment.

This will cause many companies to invest a lot of money and manpower, but still be unable to get started and unable to resist.

"Chairman, Haotian Group produces smartphones and also has a chip department. Perhaps it is not willing to be restricted by chip manufacturing."

Zhang Deyin knew something about Haotian Group's situation and made it clear that he did not want the chip to be controlled.

Haotian Mobile currently relies on Qualcomm's chips, which can maintain the current market and will definitely seek future development.

Self-research and self-made is the best answer.

“I see, if Haotian Group’s funds enter SMIC, it may not be easy for Datang Telecom and Shanghai Industrial!”

Zhang Zhongmou smiled vaguely, raised the corners of his mouth, and said jokingly.

One is a new high-tech industry, and the two are companies with strong backgrounds. If they compete with each other, one of them will be injured.

For TSMC, this is a good thing, at least curbing the development of SMIC, a competitor.

Zhang Deyin was the first to think of patent and technical issues, and they still sued SMIC for patent infringement.

Obviously this was a good solution he had thought of. Thinking of this, he chuckled: "Chairman, they are dog eating dog. We can continue to increase the prosecution. Whoever invests in SMIC may have to make a wedding dress for us."

"Haha, you're right, let's do it this way."

"Hey, when they fight, let's take the opportunity to add fuel to the fire."

"Okay, Deyin, I didn't expect you to be so smart and sinister, but I like it!"

"Chairman, we are protecting our own interests normally. What's so sinister about this is that they are misappropriating our patents."

"That's right. We are within the scope of legal support, which is great!"

Zhang Deyin and Zhang Zhongmou were the first to laugh. It was obvious that they had the same temper and wanted to take advantage of the opportunity to get involved.

…

The situation has changed, and SMIC is in trouble!

TSMC has been challenging SMIC and launching lawsuits against it, accusing it of infringement.

Haotian **** was the first to enter the market with huge funds and directly purchased SMIC shares, approaching the position of the major shareholder.

Countless institutions such as Sequoia Capital, GX Capital, Golden Elephant Capital, DCS Investment Bank, etc. have entered the market, hoping to get a share of the pie.

Datang Telecom and Shanghai Industrial fought back and tried to stop Haotian's attack. The result was that SMIC was suspended from the market.

At this point, the chaotic SMIC began a final life-and-death struggle.

At this time, SMIC once again issued an announcement to convene a shareholders’ meeting!

News of the shareholders' meeting spread quickly, and of course Feng Hao received the information immediately.

He was not too surprised to learn such news. This was going to be a showdown.

A purge is inevitable.

"Ling ring ring~"

The phone rang, and the first thing that caught my eye was a number, a number that I seldom called but was very memorable.

Minister Zhang of the Ministry of Industry and Information Technology!

Feng Hao looked heavy and slightly happy, and then carefully picked up the phone.

"Hey, Minister Zhang, it's me."

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