Chapter 413 TSMC Electric Hand (Two-in-One)
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 always hides his secrets, and once he launches his plan, he will be able to capture it easily."
"Mr. Fang's actions are unpredictable. When he comes, he will be like thunder to collect his wrath, and when he is gone, he will be like the clear light of the river and the 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, Deutsche Bank's Asia Pacific general manager Zhang Hongli led his team to Hang Lung 23 to carry out the final process of investing in Bingxin CSMC.
Zhang Hongli can survive.
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 before investing. 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 once again expressed his apology: "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 formed a working group to start with less sensitive equipment.
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 is always talking about things, 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 a few more funds." "Institution" 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 car leave before dealing with the missed call.
The hotel where the dinner was held tonight was not far from home, so he did not plan to take a car back. He was going to enjoy the night breeze and stretch his legs.
There were many missed calls, from Luzhou, New York, Yike, Sina...
Because the calls were not answered, there was no second call, so he guessed that it was nothing serious.
Fang Zhuo contacted them one by one in an orderly manner, Luzhou Bingxin, Shencheng Yike, Beijing Sina, and so on... He found that none of the calls were about business, but all were just chatting.
As he was about to arrive home, Fang Zhuo left the last call to Yu Hong in New York.
Beep, beep, no call.
When Fang Zhuo was about to put his phone in his pocket, he saw Xiong Xiaoge calling in.
He said concisely: "Old Xiong, tell me."
"The professor you tricked?" Xiong Xiaoge didn't say hello and went straight to the point.
"Yes, I tricked him in the guise of a flight attendant." Fang Zhuo admitted generously.
"Bah!" Xiong Xiaoge asked, "When will Yike submit its registration?"
"It will definitely be on the 28th of this month. I will fly to New York next month." Fang Zhuo said about the schedule.
Xiong Xiaoge calculated the time, which means that the registration will be submitted to the SEC in 8 days.
He let out a long breath and said with emotion: "It's finally going to be listed. Our IDG investment will finally pay off."
"Calculated, Yike's road to listing is still 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 invest in you Yike!"
"Have you seen Taobao established by Alibaba? I think the future of medicine is not without dawn. Its online medicine will have a lot of room for growth. Let's talk about this when I come back from the United States. How about it?" Fang Zhuo asked.
Xiong Xiaoge agreed. He also wanted to give a stagnant investment a new glow.
After chatting for a while, Xiong Xiaoge suddenly asked with some anxiety: "Will there be any trouble this time?"
"It's all about to submit the registration. Yike's business and finance are fine. The stock market can also benchmark against Apple, which has been recognized. At most, the stock price will be a little bit lower in the end, but I have confidence." Fang Zhuo smiled.
Xiong Xiaoge felt much more at ease and agreed: "Yes, it has come to this point."
Yike's listing is in a silent period according to regulations and has not been disclosed to the media, but 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 he suddenly heard Mr. Fang's voice on the phone.
"Hang up, hang up."
"What's the matter?" Xiong Xiaoge hadn't talked enough.
"I'm home, I don't have time to talk to you." Fang Zhuo gave a reason and hung up the phone. Today's group of people are quite idle. Don't they know that the president's affairs are busy?
Xiong Xiaoge listened to the beeping on the phone and was speechless.
He shook his head, put away his phone, and thought about Yike's listing.
How can they lose this time?
…
November 23, the lunar calendar, the first snow falls on the fifteenth day after the beginning of winter.
On this day, the yang energy in the sky rises, the yin energy in the ground falls, the sky and the earth are not connected, the yin and yang do not interact, and the vitality is not obvious. Therefore, all things lose their vitality, the sky and the earth are closed, and the cold winter begins.
At such a turning point, TSMC in Taiwan officially took action against SMIC in the United States. If it does not move, it will be fine. If it moves, it will be a great deal.
TSMC went through two procedures.
First, it filed a request to the US International Trade Commission to initiate an investigation procedure, claiming that the import and sale of SMIC's semiconductor devices infringed its patents.
Second, it sued SMIC in the US court, claiming that the latter infringed on many of its patents and stole some of its trade secrets.
TSMC is undoubtedly the No. 1 in the wafer foundry link of the world's IC industry today!
It just defeated Intel head-on this year and further expanded its market share.
SMIC, which has been established for more than three years and ranks fourth in the world, has developed very fast!
However, the founder Zhang Rujing did poach many people from TSMC at the beginning of its establishment.
The news from TSMC's move on SMIC reached China at 7 o'clock in the evening. Zhang Rujing was the first to learn about it and notified the company's management and board of directors to hold an emergency meeting to discuss countermeasures.
The meeting was scheduled for 7:30 in the evening, but before it started, everyone who got the news knew that TSMC was targeting the sensitive time when SMIC was about to go public.
Even if there is a silent period for listing, even if SMIC does not publicize 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 obviously coming with great momentum and has found the time point that makes SMIC most uncomfortable.
This posture makes SMIC uncomfortable and will inevitably impact the foundry link of the domestic IC industry.
As shareholders of SMIC and shareholders who participated in the first round of SMIC financing, Goldman Sachs and Deutsche Bank received Zhang Rujing's notice at the first time.
Soon, Xu Kaiwei of Goldman Sachs and Zhang Hongli of Deutsche Bank received a brief analysis of the situation.
TSMC launched a sniper attack on SMIC's listing, and it is said that the other party has obtained a lot of solid 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 Goldman Sachs' vice president in China to attend the meeting.
Zhang Hongli was in Shanghai, and he hurriedly took a car to SMIC and joined the emergency meeting.
The SMIC meeting room was in chaos. Although Zhang Rujing was in charge of the meeting, the news from the United States, which was difficult to distinguish true from false, would interrupt the meeting from time to time. Sometimes TSMC might withdraw the lawsuit, and sometimes TSMC said that it would sue to the end and would never accept mediation.
Zhang Rujing himself was a little at a loss.
"Mr. Zhang, what is the best case? What is the worst case? Will this affect the listing?"
Zhang Hongli was in a very serious mood and asked Zhang Rujing directly during the gap between messages.
"It's hard to say. TSMC was beyond my expectation this time. We, we should actively respond to the lawsuit." Zhang Rujing frowned deeply.
"Did SMIC infringe on patents? Did it steal trade secrets?" Zhang Hongli asked the most fundamental question.
Zhang Rujing pondered: "That depends on how the laws in the United States are judged."
Zhang Hongli felt that he had heard the implication of these words. He took a breath of cold air. At this moment, he was not only worried about SMIC's listing, but also thought of the $125 million that Deutsche Bank had just invested.
He thought of CSMC, Bingxin, and Fang Zhuo!
Deutsche Bank had just completed its investment in Bingxin a few days ago, just a few days ago!
How to explain this, how to explain it!
Zhang Hongli listened to the noisy voices in the conference room, thinking about SMIC and Bingxin, thinking about TSMC and patents, and was confused for a while.
What impact will this have on Bingxin?
Can the procurement of international equipment still proceed as scheduled?
Are there also TSMC people among the talents dug up by Bingxin?
Regardless of the answers to these questions, just from TSMC's lawsuit against SMIC and Zhang Rujing's statement, 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. At the meeting, it was evaluated that the worst result would be failure to go public, and the best result would be TSMC withdrawing the lawsuit.
But, why would TSMC withdraw the lawsuit?
Zhang Hongli thought about it, but he 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 drank together two days ago, and suddenly he felt a little dazed. Was this, was this also in his calculation?
Impossible.
Zhang Hongli took out his phone in a daze and found Fang Zhuo's number.
However, before he pressed the number, he suddenly changed his mind and decided to inform the other institutions in Bingxin's first round of financing of this news.
Zhang Hongli's first call was to Xiong Xiaoge, President of IDG Huaxia.
"What?"
"TSMC sued SMIC?!"
Xiong Xiaoge heard the news, and his high voice broke on the phone.
TSMC sued SMIC?
Sue SMIC!
SMIC!
SMIC!
Fuck!