my fintech empire.

Chapter 732 [Quick Countermeasure]

So many proportions?
The leaders present at the meeting were very surprised.

Fang Hong went on to say: "It can be said that all countries in the world that can produce semiconductors, especially high-end chips, do not have our supply of gallium as a raw material, and they have to stop."

The leaders attending the meeting asked: "Can't other countries produce it?"

Fang Hong answered affirmatively: "They can't produce it. Not only are their refining technologies inferior to ours, but even if the technology is achieved, it will not work, because it is also related to the issue of the industrial chain. The reason why we can account for such a large proportion of output is due to our huge and complete industrial capacity and industrial chain."

"Lao Mei wants to make this stuff. First of all, our refining technology is more than 10 years ahead of them. Secondly, they have to have an industrial chain of our scale. Even if they are given five years, they will not be able to develop a complete industrial chain. If they fail to do so, the day lily will not be cold, but stinky."

The leaders present at the meeting smiled, and after a while, the leader asked: "If we counteract from the raw materials, how much will be our loss?"

Fang Hong affirmed: "If it was before, there may still be problems, but it is different now. It happens that the semiconductor field has recently made a major breakthrough. Here I will briefly report to the leaders that we have broken through 32 nanometer technology. That is to say, the middle and low-end areas are beyond our necks. As for the high-end area, according to the current speed of advancement, we will definitely be able to catch up with the world's most advanced level at this time point in 2018."

This remark made the leaders present very happy: "Good."

Fang Hong went on to say: "We can achieve domestic substitution in the low-end segment. In many key fields such as automobiles and the military, we mainly pursue stability and durability and not be too delicate. The mid-range is completely sufficient, so the loss can be ignored. It is the same as if there is no high-end products. They are now restricting us to high-end products, and we can now make low-end products by ourselves."

"In this way, we have the confidence to turn over the table. If he doesn't let us eat at the table, then don't eat even if we turn over the table. Lao Mei will either take the lead again to create a complete industrial chain by himself, and the whole world will mine. Anyway, we account for 85%, and the rest is still with the people of Eguo."

"As for germanium, we account for a little less, about 41%, which is also an associated mine, and Laomei has 45%, but why doesn't Laomei make it by itself? Because it is associated with sphalerite, and the mining cost is high, and our source is lignite. We have a lot of coal, and the annual production and demand are so large. The material of germanium is a by-product of our coal production, so our production capacity can account for more than 60% of the world."

"More importantly, mining and production are two different things. Not only do we need a complete industrial chain, but we also need a huge amount of electricity, and electricity is our forte. If there is one in the world to compare with us, we say that we are second in the world, and no one in the world dares to say that we are number one."

"Let's talk about antimony metal. We produce 80% of the world's raw materials. Old America's antimony imports were all dependent on us, and antimony is even more important than the previous two materials, because antimony is an indispensable raw material for the production of high-tech weapons and equipment."

"So, gallium, germanium, and antimony are stuck in their necks, which is equivalent to choking his blood transfusion artery. They don't have a lot of inventory, and they have survived for half a year. If they reach the limit, they will definitely not be able to uncover the pot next year."

In the end, after Fang Hong's discussion, the leaders present all understood, and probably knew what to do in their hearts.

Fang Hong continued to attend the meeting for about [-] minutes, explained all the problems clearly, and then ended the video conference. How to play the cards in the future, just wait quietly for the news.

It is worth mentioning that today's A-share market fluctuated greatly. It opened sharply in the morning but was pulled up again.

On the next day, Friday, there were still large fluctuations, and the specific trend came to a wave of inversion. It quickly rose in the morning and fell back in the afternoon to close an upper shadow line. The index closed at 2057.91 points.

……

The actions of the superiors were very quick. Fang Hong thought it would take a week before the news would be released, but he did not expect that the card would be released two days after the video conference.

Just this Saturday morning, the relevant parties officially announced that they will implement export controls on rare metals such as gallium and gallium and their compounds starting from April 4. The spokesperson said that the ban on sales is not aimed at any country, and is a relevant approach taken in accordance with international law.

Not aimed at anyone, um, anyone who understands this kind of classic international slang.

As soon as the news came out, it did not immediately cause a big sensation in the whole network, because many people, especially ordinary people, were unfamiliar with things like gallium and germanium.

But it quickly became the hottest news on the Internet on the weekend.

It turned out that less than 24 hours after the news of the export control measures came out, Europe, the United States, Japan, South Korea, etc. had already made phone calls. They mainly inquired about the domestic prices and supply of the products involved in these two metal elements.

It can be seen from the various calls that their inventory is not much, and this directly caused the prices of the two metals, germanium and gallium, to soar to more than [-] yuan that day.

It was also this news that made the domestic public realize that the country's move is a great move.

It seems to have hit the opponent's seven inches.

So the news spread quickly on the weekend, and it directly became a hot spot of attention on the whole network, and some great masters began to popularize science online. Only then did I realize that it was a big move of the king's level. When I saw this news again, I felt very encouraged.

Last year, Laomei began to suppress Xingyu Technology and other top domestic high-tech companies. Everyone was waiting to take countermeasures, and even complained why they didn't take action. Finally, today is the day. As the saying goes, it's never too late.

After the country announced the export control of germanium and gallium, not only the West was dumbfounded, but the domestic well-known and big Vs were also dumbfounded.

However, the public opinion war on the Internet soon started, and a group of legs who had received dog food began to work hard, and various strange remarks appeared, and the two sides on the Internet began to face off in the middle.

[Restricting the export of gallium and germanium is purely to kill the enemy with one thousand and lose three thousand, and it is useless. The country of Magnesium also has a lot of reserves, and they are not rare at all. ]
[Upstairs, why are you in such a hurry?I can see it, that is, every time we do something, you don’t need to look at the reaction of foreigners, you just look at the bunch of rotten fish and rotten shrimps in our house, as long as they jump in a hurry, it means that we must be doing something right. ]
[Haha, it's the truth. ]
[It’s the classic theory of uselessness again, can you use a new method? ]
[The fresh ones are here. I just saw in another post that the dealers have been stockpiling the amount for hundreds of years, and you are so lonely in control. ]
[Dealers will be sorry for this inventory if they don’t want to sit on the ground and raise the price (erha.jpg)]
[I guess it's only a limited period of time, and it will definitely be released. ]
[It's good for a while. ]
[It's just a bargaining chip, there's no need to tear your face apart now. ]
[This is a counterattack. Foreign countries are now planning not to sell our lithography machines directly. We can directly ask them to let go of restrictions. If they don’t let go, we won’t let go. Are we stuck?Come on, let's get stuck with each other. ]
[No wonder the phone calls explode within 24 hours. ]
[Being passionate, I don't really think I can't live without you. ]
[Hehe, the whole body is left with a hard mouth, right? 1 ton of electrolytic aluminum needs 2 tons of alumina and 1.4 kilowatt-hours of electricity, and 1 ton of residue can extract several grams of gallium. The aluminum industry chain is basically saturated, which means that it does not make money.For example, you can't make tons of dumplings and buy dozens of large freezers for this little vinegar, right?Investing hundreds of billions to start construction for ten years and tens of thousands of workers, just for the business of hundreds of thousands a year, the by-product aluminum can't be sold...]
[The aluminum industry is still domestic, and it is a complete one-stop. America wants to build, not just a factory, but a complete production line... (manually funny)]
[In the past, the industrial strength of a country was measured by steel output, but now the industrial strength of a country is measured by power generation. ]
[Although the total value of restricting the export of gallium germanium is only 600 million US dollars, if Europe and the United States want to fill the gap of gallium germanium, they have to pay 100 billion US dollars in cost, and the only result is a gap worth 600 million US dollars, but if they give up the use of gallium germanium, then the high-end semiconductor industry will suffer a lot, and the loss can reach 1000 billion US dollars. It is a bit wicked, but I like it... (Shiba Inu.jpg)]
[The problem is, if we lose 100 billion US dollars, I don’t think they can create such an industrial chain, which is thankless and the income is still low. ]
[US$100 billion is absolutely impossible. Even according to my country's work efficiency and price, the comprehensive cost of a complete electrolytic aluminum industry chain would have to be more than US$1000 billion to build. This thing involves too many other industries. ]
……

(End of this chapter)