Reinventing the Millennium.

Chapter 417 Pass it on, Mr. Fang... (two in one)

Goldman Sachs, Deutsche Bank, IDG, and DCM, the elite teams of these four companies were in the same room and contributed their own judgments on TSMC's lawsuit against SMIC.

Compared with the more exciting and straightforward collision of intentions on the previous board meeting, what these people said contained more coldness of reason.

For example, IDG's team assessed SMIC's sales this year and the possible market impact.

This made Xiong Xiaoge a little embarrassed, especially when the other CEOs gave more or less amused reactions when they heard this.

He also understands that this data is nowhere near as detailed as Fang Zhuo's, and it is at best an added bonus based on the two facts.

The elites worked hard to output data and opinions, and there was still a vague sense of comparison with each other because of each other's names, but the master basically didn't speak, and only the president Bingxin kept listening with great interest.

"What's this guy called?"

Fang Zhuo's listening was not just pretending, he still had some comments and inquiries.

"It's Xu Jiakai, a researcher from our asset management team." Zhang Hongli from Deutsche Bank introduced him. This is a Ph.D. from MIT.

"Jiakai, the market forecast data model you just mentioned is a bit interesting." Fang Zhuo heard his assessment of the future market of Bingxin from this person, so he asked further, "Have you done any research on China's domestic market?" ?"

Xu Jiakai said steadily: "Mr. Fang, do some research."

Fang Zhuo nodded, turned his head and said, "Boss Su, let's bring in some more drinks and water. Several of you are getting hoarse."

The president of Bingxin is caring even for non-own employees, and Xu Jiakai shares some of his own analysis and views on the Chinese market under Fang Zhuo's eyes.

He knew that what Fang always wanted to hear was not the development trend of the entire semiconductor market, but the impact of future demand on ice cores.

However, Xu Jiakai's views did not quite match what he thought Fang always wanted to hear.

China's economy will develop greatly, and the demand for semiconductors will gradually increase. However, the increase in domestic sales may not be as much as imagined.

Taking SMIC as an example, its domestic sales accounted for less than 14% this year.

In the next three years, the increase in the domestic share is not very optimistic based on the analysis of Xu Jiakai's data model. It can be regarded as an increase of one percentage point per year. This still excludes the impact of the TSMC lawsuit.

In fact, this lawsuit is likely to lead to a reduction in the proportion of domestic market demand.

The reason is that SMIC and Icecore are only intermediate links in the semiconductor industry. What they do is wafer foundry. What they produce is not a direct chip, but must be tested and packaged by downstream links before being sent to the end market.

This type of foundry is commonly known as a Fab factory, while Samsung and Intel's IDM factories cover the entire process from design to production to sales.

Fang Zhuo has been paying close attention to the current industry information since he wanted to be a semiconductor. He has confirmed a little vague memory. The current TSMC has not set foot in the field of IC packaging, but the future TSMC will master the world-class packaging technology.

In other words, TSMC will choose to spread downstream in the production chain in the future.

Wafer raw materials→IC design→wafer foundry→IC testing→IC packaging. Compared with the powerful TSMC in Fangzhuo’s memory, although it is also powerful now, it has not yet reached the point of being a half-leader in the industry chain.

Moore's Law of semiconductors will run forward in the next ten years, and the newly entered ice cores can only do everything possible to find a front position.

Xu Jiakai finished his presentation from the point of view of data model analysis.

Fang Zhuo let out a long breath.

Everyone in the conference room thought that the young CEO was regretting or dissatisfied with the unoptimistic views.

"Jiakai, your analysis is very interesting. I believe that Bingxin will be able to verify whether it is correct or not in the future. If you are interested, you can come to me for development."

Fang Zhuo's blatant poaching in front of the opponent's president... On the contrary, many people think he is very calm and humorous.

"We have talked a lot, and we have listened to a lot of analysis from our peers. Regarding the impact of this incident, I believe we all have a preliminary concept in mind."

"Just now Jiakai said that because of the weakness of the domestic industry, it is difficult for Ice Core to enjoy the dividends of domestic future demand development, so don't be discouraged."

"Originally, the customers of the foundry are large foreign companies. We can't have the mentality that if we don't take advantage, we will suffer a loss. Moreover, there is a lot of room for such things to operate. I have certain confidence in this regard."

"Today Goldman Sachs, IDG, DCM, and Deutsche Bank came together to care about the future development of Bingxin and make suggestions together. As the president, I am very grateful to everyone."

"Everyone gave me a lot of suggestions, and I also gave some ideas based on the current situation."

Fang Zhuo made another statement in a steady manner: "Ice Core still has a good development prospect. There may be twists and turns, but with our joint efforts, we will definitely be able to overcome them."

"The impact of the SMIC incident on the entire domestic semiconductor industry, and any new developments in the future, we will communicate as soon as possible."

"In this way, I will still be here a week later, and Ice Core will hold a board of directors. Presumably, the SMIC incident will be clearer at that time, and we will discuss it at that time."

Different from being passive when this meeting was requested to be held, Fang Zhuo took the initiative to set the second meeting after the whole meeting process was completed.

A week can almost make the SMIC incident clear, and it can also allow the heads of the China region of these four institutions to deal with internal pressure.

As for how to deal with it, anyway, the progress of the ice core will only move forward, not backward, and Fang Zhuo has already provided the best method he can provide.

The four presidents who came to the meeting today are mainly in charge of investment business, but Fang Zhuo provided an overall perspective, so they were completely silent at once.

In-depth linkage of business, strong and weak mutual support, and related processing of transactions.

This is not only an advance road show, but also a blueprint depiction.

Fang Zhuo's response today is actually quite restrained. What he has to do is not to repel Bingxin's directors, but to continue to make more friends so that they still maintain confidence in Bingxin.

Goldman Sachs is to the United States, Deutsche Bank is to Germany, IDG and DCM's funds and contacts are all the help that Ice Core can continue to condense.

The end time of Bingxin’s board meeting was 01:30 in the afternoon. Fang Zhuo invited everyone to have lunch, but friends all declined due to unexpected events, information feedback from the board of directors and other factors.

The four teams left Hang Lung 23 under the leadership of their respective presidents. Compared with the discussion when they came, the presidents seemed to be very preoccupied.

Fang Zhuo thought about it after all these people went down, and still felt that he could clear up the misunderstanding with the old bear, so he took the next elevator downstairs.

The cars of the other three institutions are all parked in the underground parking lot, and the people from IDG are familiar with Plaza [-], so they park directly in the ground parking lot.

When Fang Zhuo reached the first floor, Xiong Xiaoge was waiting for his subordinates to move the car.

"Old Xiong, take a step to talk." Fang Zhuo hurried over and greeted.

What Xiong Xiaoge said in the president's office was from the heart. Ever since he met Fang Table, he had begun to doubt his professional ability, but now he might as well listen to what this guy wanted to say after chasing him.

"Old bear, you..."

"Call me Mr. Bear."

"Old President Xiong, you..."

Xiong Xiaoge turned around and was about to leave.

Fang Zhuo compromised with a smile: "Mr. Xiong, Mr. Xiong, why are you so angry with me, a young man?"

Xiong Xiaoge pointed to the car that was gradually approaching, and said, "Mr. Fang, if you have something to say, talk to him, otherwise, the car will arrive as soon as it arrives."

Fang Zhuo pointed an index finger at IDG's commercial vehicle.

The car stopped.

Xiong Xiaoge felt his temples twitching, his family has such a long face today!

"Mr. Xiong, to be honest, I also think that the matter of SMIC is a big event in the domestic semiconductor industry, but Bingxin's construction of production lines and production capacity will at least be a matter of the next year, and this impact will be diluted by time. .”

"Ice Core is worried about the financing by Connor, and the technical process that Xu Kaiwei is worried about. Both of these have enough time to digest."

"Hu Zhengming, who is coming to HKUST, has a 2-year non-compete agreement, counting from this year, which means the expiration of the year after next."

"That's when Ice Core will have a chance to make a big splash."

"Also, I look at TSMC, and its internals may not be stable either."

Fang Zhuo spoke faster, with a sincere attitude: "Mr. Xiong, if it's for money, Yike's listing will bring me more money than I can spend. Why bother to lie to you venture capitalists haha."

Xiong Xiaoge was going to be bitter, and laughed back angrily: "You also know that we are bitter? Fang Zhuo, Fang Zhuo, as long as you talk about friendship, as long as you really treat me as a friend, you can't catch IDG. !"

"That's because I really believe that Bingxin can succeed!" Fang Zhuo said decisively, "Take the registered account network that you are obsessed with, is it dead now? Although it can't complete the closed loop of registration charges, but On the contrary, it is precisely because of this that it is more rooted in the medical field, and the online medical sales license we obtained and the development of the hospital system are all rooted in this!"

"One year, you say I lied to you, that's fine."

"For two years, if you say I'm malicious, that's fine."

"Three years, four years, five years, what will Guahao.com look like? You can see that Ali's Taobao is booming now, e-commerce is the trend of the times, and medical science is guarding the only online pharmaceutical sales, but it has not yet launched. It's just strength!"

"Old Bear, you are prejudiced against me!"

"Prejudice is a mountain in your heart!"

Fang Zhuo frowned tightly: "I chose semiconductors to make it successful, not to use it to collect money. You can say that I am unscrupulous, or that I am not honest enough, but you must not think that I have fused the money. If you don’t do things, you don’t go for success.”

Xiong Xiaoge questioned: "So, even if others don't want to invest, you have to do everything possible to pull them together to invest? I can't do it if I don't vote?"

"It's because I regard you as a friend that I don't want you to miss the chance to succeed together." Fang Zhuo said.

Xiong Xiaoge didn't know whether to smile or frown: "Okay, okay, Mr. Fang, I can't say enough about your fallacy. You are a good talker, and you are the best at drawing cakes, but let me tell you, IDG stopped at Bingxin's participation. That's it."

Fang Zhuo sighed, it seemed that a personal reconciliation could not be reached today.

He waved at the car.

The commercial vehicle slowly drove over again.

"Old Xiong, I wouldn't have said so much if it was someone else." Fang Zhuo said seriously, "You didn't hear me finish the third sentence in the president's office before, so let me say it together here. I will take you to play investment in the future."

Xiong Xiaoge laughed three times, opened the door, and got in the car.

The commercial vehicle accelerated slowly and left Plaza Hang Lung.

Fang Zhuo watched the group leave.

"Mr. Fang, let's have something to eat. I'll treat you." Su Wei also came down from upstairs, feeling that the boss might be in a bad mood.

"There are so many things to do every day, and I have to deal with so many people with different personalities. I really feel that I am socially intimidated." Fang Zhuo sighed slightly.

Su Wei repeated a word: "Social terror?"

"Oh, social phobia, dealing with people is too exhausting." Fang Zhuo explained.

Su Wei stopped talking, social phobia?Social bullpen syndrome...

"What do you want to eat? I heard that there is a delicious Lu cuisine restaurant opened next door? Try it." Fang Zhuo was really hungry.

"Okay..." Su Wei can always see the boss quickly dispel depression, and she doesn't know whether he is pretending or not.

……

IDG's commercial vehicle left Plaza [-] silently.

"Mr. Xiong, how did you communicate with Mr. Fang in the office today?"

The car drove for a while, and the project director Liao Yu couldn't help asking.

Xiong Xiaoge was not interested in talking about private relationships, so he shook his head and did not answer.

After a while, Liao Yu asked again: "Mr. Xiong, can the Bingxin project be completed? The matter of SMIC will indeed cause a lot of trouble."

"I don't know if Ice Core can be done." Xiong Xiaoge is willing to speak this time, "But it's Fang Zhuo, if even he can't operate this project, it won't work if it can't be done."

With such a comment from the president, the atmosphere in the business car suddenly became active.

Several people communicated for a while, and Liao Yu asked: "Mr. Xiong, what kind of communication did you guys have at the small meeting?"

Xiong Xiaoge thought of the most impressive scene of this meeting for a moment: "There is no communication, just watching Fang Zhuo choke up."

Mr. Fang choked up?
Mr. Fang is so arrogant that he choked up by himself? !
real or fake? ?
"Mr. Fang choked up, Mr. Xiong, I really don't believe it! Mr. Fang's character...is he pretending? Did he deceive us as Sabi?" Another couldn't help but swear, absolutely not Believe in the reality of this scene.

Liao Yu asked at this time: "Then what about us?"

The commercial vehicle pulled over on the side of the road in an emergency.

Xiong Xiaoge opened the car door: "Get out of the car, get out of the car, you have long wanted to defect to Fang Zhuo, right? Go back and find Fang Zhuo!"

Soon, Liao Yu was driven out of the car by Xiong Xiaoge who was full of evil spirits.

The commercial vehicle really left a passenger behind and continued to drive forward.

"Mr. Xiong, Liao Yu had the most fun chatting in Yike's reception room today." Another deputy director complained.

The commercial vehicle pulled over again.

"Get out of the car, get out of the car too!" Xiong Xiaoge's evil fire hadn't finished yet, and he really pretended that he couldn't see, "What kind of eyes do you have with Fang Zhuo? Go, you go to him too."

The commercial vehicle left a passenger again and sped away.

Liao Yu was reunited with his colleagues soon, and the two of them were not in a panic. This is not a wild country, and Mr. Xiong has a good temper. After a while, there will be no problem.

"What's wrong with Mr. Xiong today? So angry?"

The two stood on the side of the road waiting for the taxi, and they discussed it along the way.

"Maybe it's because Mr. Fang is crying, and I feel touched. I guess someone in this board of directors is forcing Mr. Fang." Liao Yu guessed.

Soon, he brought up this guess in a chat with his friends. Mr. Fang of Yike is said to have shed tears at the board meeting today.

SMIC is in crisis, and Mr. Fang is crying?
The gossip moves fast.

Passed on, Mr. Fang wept.

Passed on, Mr. Fang shed tears for SMIC.

Passed on, Mr. Fang shed tears for Huaxia Semiconductor.

On November 11, "Huaxia Securities News" published news, mentioning that SMIC had suffered setbacks on the road to listing, and also mentioned an industry rumor by the way-Mr. The news of TSMC's malicious attack could not help but shed tears on the board of directors.

That night, SMIC President Zhang Rujing finally sent Fang Zhuo a text message four days after the incident.

"Understood, thank you Mr. Fang, take care."

On the evening of the 23rd, Fang Zhuo sent a text message reminding the ITC of the risks of the ban. Only then did the parties get a brief response.

　Thank you for the reward from the lord who dominates the world... next month, next month, update more...

　　
　
(End of this chapter)