Reinventing the Millennium.

Chapter 386 Investment Meeting (Two in One)

Fang Zhuo felt a little regretful about meeting Liang Mengsong.

This kind of emotion did not fail to meet expectations. In fact, he did not set any goals for this meeting, but... saw such an outstanding technical leader sitting in front of him alive...

Fang Zhuo can somewhat understand the joy of "the heroes of the world have fallen into my trap" written in the book.

It must be a sincere emotion from the heart.

However, a gentleman hides his weapons in his body and waits for the time to move.

As long as you stay concerned and prepare early, you will be able to use it when the opportunity comes.

Besides, if you can't find an apprentice, then isn't there a master?
Wait for the news from the University of Science and Technology of China.

On July 7, Shanghai held the Global Semiconductor Industry Conference, attended by many well-known manufacturers, involving IC design, manufacturing, packaging and testing, host manufacturers and other upstream and downstream industrial chains, and the momentum was quite powerful.

Under such circumstances, Fang Zhuo, a layman who is still in the preparation stage, has no sense of existence, and just silently participates in, listens, and observes. However, Liang Mengsong, who he met at this meeting, is different, and has attracted much attention at home and abroad. .

As an expert who led the team to defeat Intel head-on, his speech on the future technology outlook of semiconductors won unanimous applause from everyone.

The meeting was held for three days. Fang Zhuo attended the first day. In the next two days, Qiu Ciyun, who returned from Luzhou, led people to contact some foreign manufacturers in different fields more purposefully.

Although the project funding and project location have not been fully finalized, Qiu Ciyun, who left SMIC, burst out with more enthusiasm for work, took over the project promotion work well-deservedly, and began to consider equipment procurement.

Contrary to what Fang Zhuo thought, SMIC also purchased a lot of second-hand equipment at the beginning. What Qiu Ciyun has to do now is not only to find cost-effective equipment, but also to take into account the need for technical upgrades.

Fang Zhuoyou and Qiu Ciyun discussed the development plan, and they both believed that the production line in Luzhou should be stable and stable, and they should not blindly seek to copy and expand.

This is actually the strategy that Qiu Ciyun advocated at SMIC, and Fang Zhuo, in addition to agreeing with the most reliable expert partner at present, also considers the possible impact of SMIC's suspected encounter and... Will there be a better one? partner.

However, no matter what the future holds, steady progress is the best choice at present.

After the three-day meeting, Qiu Ciyun issued a long purchase list, but this was only a part of the production line.

And on the day when the semiconductor industry conference closed, Fang Zhuo, who was still in the project preparation period and had no sense of existence, was called out by name vaguely.

Jiang Qili, vice president of Hua Hong, as a local semiconductor company in Shanghai, also gave a closing speech. He talked about a real problem that happened in China, which was summarized as a headline by the local media.

——"Is the salary increase of engineers under the blessing of capital conducive to the healthy development of the industry? "

This is a question from the Vice President of Hua Hong.

Since Qiu Ciyun resigned, a total of 31 engineers and technicians from SMIC chose to follow, and 24 were finally confirmed.

This is Qiu Ciyun's team and the technical backbone of SMIC.

However, this momentum is far inferior to what Zhang Rujing once raised his arms in Baodao. In addition to Zhang Rujing's own higher prestige, the three years he has worked in Shencheng is also an important factor that most people need to consider.

Many people have already married wives and had children in Shencheng, settling down and buying properties. Under such circumstances, it is unrealistic to choose to follow Qiu Ciyun to do a project with an uncertain future.

However, although Qiu Ciyun has only 24 competent generals, he has already foreseen this and is not too disappointed.

Unexpectedly...Fang Zhuo waved the banknotes and quickly expanded the number to 92 people!

In other words, there were 68 engineers recruited purely by Fang Zhuo, nearly three times the number of his own team!
Qiu Ciyun watched the faction grow rapidly, and there was only one emotion for a moment... Is this the behavior of the richest man in Shanghai?This is what it feels like to be rich!
And these 68 people are from major domestic factories. Although they are not as good as the talents brought back by Zhang Rujing, they are indeed rare in China. Huahong, SMIC, and Huajing (acquired by China Resources) have all suffered greatly from it.

This wave of poaching and job-hopping is done through headhunting. It stands to reason that the salary and benefits should also be kept secret.

However, Qiu Ciyun himself was very curious, so he found an opportunity to ask a senior engineer from Huahong, and the answer he got was "Two times start to talk", that is, as long as people come, they will double immediately, according to different levels and standards There is room for exploration.

So it's no wonder Hua Hong and the others are in a hurry.

Even after the intervention of administrative relations, Fang Zhuo slowed down his actions, Jiang Qili, vice president of Huahong, was still uneasy, so there was a speech at the closing ceremony, and there was a denunciation of the bad behavior.

Qiu Ciyun heard the content at the scene, but he hadn't reacted to it at the time. When he was reminded to read the report the next day, he suddenly had the feeling of "Oh yes, I am not from SMIC, I am the one who was criticized".

He didn't go back to Luzhou immediately because he wanted to participate in the meeting of the investment institution, so he chatted with Fang Zhuo about it by the way.

Fang Zhuo was a little surprised: "What's wrong?"

"The industry evaluation may not be very...not very good." Qiu Ciyun was working with Fang Zhuo for the first time, and he spoke cautiously, "Hua Hong's relationship is relatively strong."

"We and Huahong are originally competitors." Fang Zhuo smiled, "How should we interpret this? Will a speech by a vice president of Huahong affect our equipment procurement or what?"

He continued: "Don't over-interpret it. Whether the relationship is hard or not is not used here. Just treat it as an ordinary peer public opinion attack. Don't worry, I will let others handle this matter."

Qiu Ciyun was a little curious about Mr. Fang's response.

Soon, the Sina website published an editorial written by the editor-in-chief Xu Changlun.

——"Why are semiconductor companies with a state-owned background unable to succeed at this stage? "

why?

There are complex factors here.

One of the most important ones is that too much background in state-owned assets will make it difficult to purchase foreign equipment.

However, it’s not just that. Enterprises dominated by state-owned assets habitually have both the disadvantages of the planned economy and the shortcomings of the market economy. In addition, there are certain identity issues at the personnel level...

Therefore, this attempt led by state-owned assets can be said to have failed.

So what should I do?

According to Xu Changlun, the editor-in-chief of Sina, interviewed Mr. Fang, who is reluctant to disclose his name in the semiconductor industry, "We must not only have policy guidance, but also actively develop industrial supporting facilities. We must improve the environment for industrial development, and we must also have an international vision and market-oriented operations. .”

Not only this sentence was quoted in the editorial, but Mr. Fang also commented on domestic enterprises, "Let's just talk about Huahong in Shencheng. is it possible?"

"The joint venture between Hua Hong and Japan's NEC, I don't ask anything else, how many of its own patented technologies have it had in the past few years?"

"First joint venture, then import, and then put into production, and finally put into production, you will fall behind. You, a person who wants to revitalize his country's industry, hand over the right to speak to foreign companies, it is so naive and cute."

Mr. Fang's criticism was merciless.

Different from Huahong’s report on Shencheng’s paper media, Sina.com, a leader in the portal industry representing the development of the Internet age, has many unusual netizens browsing and visiting.

This editorial from Sina not only made some people sad, but also made some people sweat.

In fact, Fang Zhuo's words are not particularly spicy, but just tell some facts, but the facts themselves are thought-provoking.

The full name of Hua Hong in Shencheng is Hua Hong NEC. It is one of the joint ventures between Hua Hong and Japan's NEC. It has introduced production lines, but the Japanese side strictly controls the patented technology.

It is said that Hua Hong has cooperated with NEC for nearly ten years. The number of patents of Shencheng Hua Hong NEC is 0, and that of Beijing Hua Hong NEC is also 0. Only Shougang NEC has 4 patents.

In this case, it was not directly written in the editorial. The main writer Xu Changlun just thoughtfully put the situation of the company named by Mr. Fang in the remarks.

Qiu Ciyun saw this response posted on Sina almost immediately, and silently guessed how Hua Hong's leaders felt after seeing this content, and there were probably only two words - embarrassment.

The editorials are eloquent, and Sina.com also has the leading comments from netizens on the whole network.

Because Sina.com has designated the exposure position of its webpage, this editorial has aroused great repercussions.

As far as Qiu Ciyun heard the news from his friends, regardless of the other family, Hua Hong was disgraced. The vice president who was speaking at the industry conference was chased and intercepted by reporters from several media, wanting him to give a tit-for-tat response.

However, how can Vice President Jiang Qili respond?
He can also find Zheng Danrui through contacts, but this is of no help to the response. Hua Hong NEC can't pat its chest and explain the patented technology that Fang Zhuo questioned clearly.

Jiang Qili regretted it. He regretted it when he saw the Sina editorial.

Anyway, Hua Hong's people were dug out, Fang Zhuo also slowed down his actions, why did he need to do anything extra?

Jiang Qili's regret prevented him from continuing to provide ammunition for the media to report. He himself avoided the media for two days and chose to deal with the matter coldly. However, there was another "Huahong joke" in the industry to talk about.

Qiu Ciyun was in Shencheng, and witnessed the whole process of this incident, and was a little stunned.

On July 7th, the "Ice Drink Project" held an investment meeting. Goldman Sachs, Deutsche Bank, DCM Huaxia, Luzhou State Investment, Yike Group, MIGA Private Equity Fund, Huaxia Entrepreneur Industry Investment Foundation and project team representatives attended.

Qiu Ciyun arrived at the Yike conference room at Hang Lung 23 early, and he was excited about this meeting to promote fundraising.

Soon, Qiu Ciyun met Fang Zhuo, and asked about the public opinion's response by the way.

"Oh, it's not a big deal." Fang Zhuo didn't take it seriously, "Huahong's people are uncomfortable with themselves. People like them who think they are close to power are arrogant. They just poached two people. Why are they so excited?"

Only then did Qiu Ciyun realize that, yes, the instigator was the one in front of him who tried hard to poach people.

"Speaking of this, Mr. Qiu, there is a shortage of domestic talents in this field, and it is not easy to find them with money. The headhunters found a problem. Higher-level engineers have to consider many factors, and family influence is great."

"You make a list for me, what kind of talents are more needed for our project, I will let people contact foreign countries, and supplement supplementary personnel."

Fang Zhuo is very concerned about the combat effectiveness of the team, which requires both a technical leader and a backbone.

"Will our employment cost be a bit high?" Qiu Ciyun asked a little cautiously.

Fang Zhuo waved his hand: "Mr. Qiu, don't think about this kind of thing, just like Hua Hong's public opinion, you leave it to me, I will find someone, you employ people, we have a clear division of labor."

Qiu Ciyun didn't know what to say, so he could only firmly shake the hand of the young CEO in front of him. The more he looked, the more reliable he was.

Hua Hong's public opinion is just like Fang Zhuo said, it's just a trivial matter in his heart. If Qiu Ciyun didn't mention it, he wouldn't talk about it anymore. On the contrary, today's investment meeting made him more or less nervous.

As expected, semiconductors are both funded and technologically advanced. The total amount of this first round of financing is aimed at 10 billion US dollars, and the targets are also top international institutions.

Fang Zhuo had never dealt with such a large amount of financing.

A little nervous, a little fresh, and a little... inexplicable confidence.

Especially, when he was sitting in the conference room and saw Xiong Xiaoge pushing the door in, and seeing his bear face, his confidence suddenly became stronger.

"Mr. Zhang, Mr. Connor, Mr. Qiu." Xiong Xiaoge greeted the people who were already present familiarly, and finally shook hands with Fang Zhuo, "Mr. Fang, you still have the same demeanor. Your Sina can really make a fuss."

He smiled and said, "Boss Fang, you worked so hard to get Sina, so you didn't come here just for this?"

"The chief editor has nothing to do with the president." Fang Zhuo shook hands vigorously, and said enthusiastically, "Old Xiong, seeing you today, I think our project will definitely be successful. After all, you, Xiong, have never failed me before."

Xiong Xiaoge was a little puzzled, but it didn't prevent him from counterattacking casually: "What's the matter, it's obvious that your side has never failed with me, and my opponent still admires it."

Xiong Xiaoge came to the meeting this time, feeling relatively relaxed, because he came here on behalf of the Huaxia Entrepreneur Industry Investment Foundation, and in a sense, it was just a trust.

IDG Huaxia participated in the "Ice Drink Project" in a disguised form through its equity participation in Huaqi Investment, basically to the extent of giving Fang Zhuo a face.

Therefore, Xiong Xiaoge can watch from the sidelines today, and see what kind of situation makes several organizations dance accordingly.

At nine o'clock in the morning, people from all institutions arrived.

Fang Zhuo did not speak first, but gave the opening to Qiu Ciyun, the former senior vice president of SMIC, and asked this technical expert to introduce the industry situation and project prospects.

Such words can only be convincing for such experts.

After Qiu Ciyun finished his speech full of enthusiasm for work, Fang Zhuo spoke as the project initiator and largest investor.

He said with a smile: "Some people here know, some people don't know, the relationship between me and semiconductors comes from a Shanghai chip incident not long ago, so I have some surprise understanding of the industry."

"Such a project is new and challenging for me."

"It's also interesting to me to start with 'Hanxin' as the origin of the project."

Yes, it is extremely strange even for Fang Zhuo to start the semiconductor industry with a historic scam like Hanxin.

(End of this chapter)