Reinventing the Millennium

Chapter 921 My Heart Is Even Colder (4k)

Zhang Rujing quietly went to Qingdao, and Fang Zhuo, who was hungover, took a private plane to Hong Kong at noon.

September 9 was the day when Morningstar Semiconductor was listed on the Hong Kong Stock Exchange. Logically, he should have arrived earlier, but he had to stay in Shanghai for a few more days because of the change in SMIC.

From the moment he boarded the plane, Fang Zhuo's face was not very good.

He had already known the news that Mr. Zhang was leaving, and he felt a little disappointed.

Bingxin had verified with SMIC along the way and received help repeatedly. Mr. Zhang, the senior, was even less prejudiced. Both Fang Zhuo and Bingxin benefited a lot.

Although Mr. Zhang is still an old horse in the stable, he always feels bad.

"This newspaper I found specifically is not useful. I wanted to comfort Mr. Zhang." Fang Zhuo took out yesterday's newspaper from the briefcase and shook his head, "In fact, he comforted me."

From meeting to drinking yesterday, the two did not have much emotional communication.

However, actions speak louder than words.

Secretary Liu Zonghong nodded gently without expressing his opinion. Having been Fang's secretary for a long time, he knew what Fang needed most at this moment.

"Boss Fang, Boss Qiu has also left for Hong Kong. Here are some important documents." Liu Zonghong put away the newspapers that he had not used yesterday and handed over the sorted documents.

Before boarding the plane today, Boss Fang notified Qiu Ciyun that he wanted to meet in Hong Kong, and the latter had already left.

Fang Zhuo flipped through several stacks of documents. The top one was information from Mr. Xiong Xiaoge, a well-known investor, about his recent contact with Qimonda and his arguments.

There was a lot of information and it was quite detailed, but the arguments were very concise and emotional.

"Luo Jianhua put all the factors that are conducive to borrowing money in front of Qimonda, and the factors that are not conducive to borrowing money are vague, and even concealed."

"Qimonda is big, but it is definitely a big pit."

"Fang Zhuo, I just want to know your mental state when you contacted Luo Jianhua."

"Who do you want to pit?"

Fang Zhuo put down the document expressionlessly. Although Lao Xiong complained a little, he and Qimonda had a series of contacts that seemed fruitful to the other party, and that was enough.

The second document was from the MIGA Fund, which was an assessment at three o'clock in the morning.

Just in the early morning when Fang Zhuo fell asleep drunk, the United States announced that it would officially take over Fannie Mae and Freddie Mac, two housing mortgage institutions, and was committed to protecting the interests of the bondholders of the two housing agencies, but not the interests of the shareholders of the two housing agencies.

The first step of the US Treasury injection of $1 billion will obtain a higher priority than the original preferred shares. If the two housing agencies are injected with huge amounts of money, the government will obtain controlling rights at a very low price.

This also means that the equity of the original shareholders will be severely diluted, and it will also lead to a significant reduction in the value of each share of the old shares.

The release of such a non-neutral rescue plan immediately caused the stock prices of the two housing companies to fall by an astonishing 80% to 90%!

So far, Fannie Mae's stock price has fallen from $65 in July 2007 to less than $1.5 now, and Freddie Mac's stock price has also fallen from $60 to $1.7 during the same period.

Fang Zhuo still put down the document expressionlessly, which officially verified the correctness of Geithner's news. They are indeed good brothers who make money together. A considerable amount of funds of MIGA Fund are used to operate the two housing companies. Part of it has been safely landed, and the other part is actively taking the last bite.

The third document comes from Yike, which is Liu Qiangdong's latest business report.

Yike's Mars mobile phone has not lost its popularity after the Olympics. In order to cope with more 3G pilots that China Unicom will soon open, channel dealers from all over the country are actively contacting Yike and want to distribute products.

At present, the company is setting standards and considering how to better build an overall sales system.

China now has Yiguo online, and China Unicom, self-operated stores, Yiguo electrical appliances and a small number of channels offline. In the future, it will definitely continue to increase the radiation range of self-operated stores and channel franchises.

Liu Qiangdong's report was very passionate.

Fang Zhuo still had no expression on his face.

He put down the document and sighed lightly: "What's going on? I feel my heart is even colder."

Liu Zonghong silently handed over a cup of coffee. How to say this, well, it's hard to say.

"You say, should Kong Yu stay..." Fang Zhuo took a sip of coffee.

Liu Zonghong was shocked. Boss, is this what I should listen to? Your heart is really colder!

Fang Zhuo put down the coffee cup and continued: "Should he stay in the United States? I think he wants to return to China. Although I feel that he can better display his talents in the United States, his personal wishes cannot be ignored."

Liu Zonghong breathed a sigh of relief and said carefully: "A bystander is clear. Mr. Kong may not realize that he has more talents."

Fang Zhuo nodded: "That makes sense."

Give Kong Yu a vacation after a while and talk to him. Mr. Zhang hasn't rested yet. Why should Kong Yu give up a great career at such a young age?

Fang Zhuo slowly drank half a cup of coffee, and then opened the last document, which was the latest report from Bingxin.

It must be said that Liang Mengsong is really a workaholic, as if he wants to make up for the past two years in work, and the team he brought is also very dynamic. Although the number of people is small, they are all very backbone.

Bingxin is currently conducting 45nm process research and development, which has been fully taken over by Liang Mengsong.

At the same time, Liang Mengsong advocated a demonstration of the direction of FinFET process, focusing on the future.

The role of top talents and excellent teams may take time to manifest, but there is a sense of change in the atmosphere.

The report submitted by Liang Mengsong is exactly the gap between Bingxin and the world's first-class level in all aspects, or more bluntly, the gap between Bingxin and the Taiwan reporter. In the report, he was also quite straightforward, believing that SMIC should take advantage of the current situation of being hit by the virus to actively seek greater administrative support.

To be honest, the domestic semiconductor industry is not a hot spot for investment. Both the industrial chain and the talent soil still need greater, longer-term and more patient support.

Fang Zhuo closed the book and thought for a long time. He had actually made similar suggestions several times, but he always remained silent.

Now that President Zhang was forced to resign, SMIC will inevitably have a period of adjustment. In addition, the signal released by the United States' takeover of the two housing agencies may be a better time to make a proposal this year, taking advantage of the double shock brought by the industry and the economy.

Anyway, with so much money of 4 trillion yuan, it would be more beneficial to long-term development to save some money for semiconductors and set up a large fund in advance.

Fang Zhuo felt that he could not just come forward on his own. This time, he had to bring Jiang Shangzhou of SMIC and Wang Dongsheng of BOE to find the leaders together, and the Wafer Manufacturing Service Alliance also needed to give a comprehensive review.

If it can be done, the investment mechanism must be improved. SMIC, Bingxin and the service alliance, which are deeply involved in the industry, can give more targeted suggestions.

Fang Zhuo thought for a while, folded the four documents again, and drank the last half cup of coffee.

"Let's look at Morningstar first."

Liu Zonghong felt the cold.

...

Morningstar Semiconductor's listing process in Hong Kong was quite smooth.

Liang Gongwei, the head of the company, founded the company in 2002 and is about to go public now. It is inevitable that he feels complacent.

He believes that going public is just a stage mark, and more businesses will be developed in the future to achieve greater development.

And this critical step is related to Mr. Fang, the shareholder of the company.

The hot sales of Yike mobile phones are eye-catching. It is almost certain that Yike will have explosive development in the future with the established brand and local advantages.

Liang Gongwei believes that Yike mobile phones will definitely become the top three in the Chinese mobile phone market, so in order to show his consistent attention, he personally came to the airport to pick up Mr. Fang.

However, the first time he saw Mr. Fang, he found that his expression was a little cold.

Liang Gongwei probably understood why he was so cold, and he also knew about the changes in SMIC.

"How is the MS088 of Morningstar?"

Fang Zhuo sat in the car, and after a simple greeting, he asked about the entry-level mobile phone chip developed by Morningstar.

"It's still being optimized." Liang Gongwei replied in a deep voice.

He was thinking about how to say this. Morningstar's technical strength is indeed a little behind its competitors, but according to his observation of the mobile phone market, there should be enough time for the launch of Yike's entry-level mobile phone.

Fang Zhuo said lightly: "Too slow, next month we will first adapt to the chip developed by MediaTek."

Liang Gongwei was shocked: "Mr. Fang... this..."

Fang Zhuo didn't speak.

Liang Gongwei hesitated for a few seconds and said: "Mr. Fang, is this too fast?"

Fang Zhuo replied calmly: "It's the normal development progress."

"What about Morningstar's chip?" Liang Gongwei had to ask this question.

Fang Zhuo looked deeply at the head of Morningstar: "You can do it."

The car fell into a silent silence.

Liang Gongwei knew that something must have gone wrong.

He believes that he and Fang always had a certain understanding before. In any case, Morningstar should have the same or even higher starting line as MediaTek, but now it has encountered a change in attitude, which is very unexpected.

If it cannot get the order from Yike, what will be the future of Morningstar?

Liang Gongwei has to think about such a question.

There must be a wide market for low-end and mid-range mobile phones, and there must be room for entry-level chips to survive, but there is also fierce competition.

When the car was about to arrive at the Hilton Hotel, Liang Gongwei tried to talk about the time issue of Yike's mobile phone research and development.

According to previous news, Yike's entry-level model will officially involve chip adaptation in January next year, but now it has suddenly been advanced.

Fang Zhuo interrupted the boss's slightly fast statement: "Mr. Liang, Yike has given a time since last year and has provided a lot of help in Silicon Valley. Instead of looking for the time problem of Yike project, you should consider the progress of Morningstar."

"Time waits for no one. Morningstar has a good product and Yike chooses it. This is the most basic logic."

"Let's go. We'll talk about these things later. These two days are a good day."

Fang Zhuo said this and pushed the door to get out of the car.

Secretaries and bodyguards surrounded the boss and walked into the hotel.

Liang Gongwei was half a step slower and could only watch Mr. Fang disappear behind the revolving door.

These two days are indeed a good day, but Mr. Fang's words were like a basin of cold water splashed in his face, which only made his heart extremely cold.

Liang Gongwei frowned and hurried into the hotel. On the one hand, he was thinking about the changes in the company's development prospects. On the other hand, he urgently called Wei Boyun, the marketing director who had a good relationship with Mr. Fang, and asked him to inquire about the news.

This can't be a fucking hatred of the whole house. He has already been listed in Hong Kong, what else do you want!

However…Wei Boyun didn’t even meet Mr. Fang that night.

Fang Zhuo waited for Qiu Ciyun, who was also going to Hong Kong, at the hotel and talked face to face about the development of Bingxin. This time, he almost expressed a tough decision, requiring him to provide a charter for future cooperation with Germany.

Qiu Ciyun opposed Mr. Fang’s idea when he first heard it, and now he also disagrees with the decision to go overseas.

First, Ice Core has an intensive task, and the Lin'an factory continues to suffer losses. Second, Ice Core has received renewal of technology introduction and equipment procurement this year, and it seems that the development of Ice Core will not be blocked by the United States.

Under such circumstances, is it necessary to pay a huge price for a worry?

Even if you pay the bill, how much of the problem can be alleviated?

"Yesterday, just yesterday, Mr. Zhang and I talked about this." Fang Zhuo had to bring up Mr. Qiu's old boss and said sincerely, "He was very confident in Taiwan Journal's prosecution this time and thought it was absolutely impossible. I lost the lawsuit, but why did I encounter a small probability event?”

"I have good friends in ITC, and today I got the news for sure. If Taiwanese journalists and SMIC cannot reach a settlement, the ban on sales is likely to go through within this year."

Fang Zhuo shook his head and said: "Of course I know what we need to do most now, but we must also strive for more room to move around. We are uncertain about the future. Of course, it would be best if we don't have it. If there is, there will be more. Room for change.”

Qiu Ciyun was silent for a while and asked, "How is Mr. Zhang's spirit?"

Fang Zhuo breathed out: "Better than me."

Qiu Ciyun: "..."

He looked at his boss and he seemed to be a little depressed.

"Does he also agree with Bing Xin's decision to go abroad?" Qiu Ciyun asked again.

Fang Zhuo replied naturally: "No, he objects."

Qiu Ciyun: "..."

Then what are you talking about!

"But he is not right in everything. Building factories abroad will not put too much financial pressure on Bingxin. Bingxin is about to receive a new wave of capital injections. In Germany, I will also discuss the loan issue with Deutsche Bank. "Fang Zhuo said solemnly, "Mr. Qiu, I hope you can accept this decision with understanding."

Qiu Ciyun stared at Mr. Fang's expression and asked after a moment: "Is this a decision made by the board of directors?"

Fang Zhuo was silent for a few seconds: "If there is a need to hold a board meeting."

"Don't be too impatient because of Mr. Zhang's matter." Qiu Ciyun said, "I'll think about it again."

He paused and then asked: "New capital injection? Is it the money Yike Company makes from selling mobile phones?"

Fang Zhuo gave the reason: "I made a little money from shorting Lehman."

Qiu Ciyun reminded: "Mr. Fang, you told me once, haven't you spent it all yet?"

Fang Zhuo thought for a while: "Lehman gave me some new ones."

He continued: "It just so happens that Morningstar is listed on the market. At worst, I will sell Morningstar shares to support you. I will not be too short of money in the next period of time."

Qiu Ciyun nodded silently, Mr. Fang was perfunctory at least, that's enough.

I saw more alliance leaders, thank you "I am Tianque" for the reward.

Calculating the update arrears... There are 4 monthly updates for chapters, as well as the long-delayed update from the leader "Mixun Qingfeng", a total of 6 chapters and 2.4k words.

If the hospital is not busy in the second half of the month, I will pay it back.

Chapter 922/1468
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