my life reset

Chapter 616 Fighting consumption, not taking the usual path

Chapter 616 Fighting consumption, not taking the usual path

The 9.5 million tradable shares repurchased by Glamor Semiconductor have not been kept in the account for a long time.Instead, after completing all the formalities, they were all canceled.

Before, the total share capital of Glamor Semiconductor was 261 billion shares.After canceling 9.5 million tradable shares, the company's total share capital became 251.5 billion shares.

In this stock repurchase, Charm Semiconductor used a total of 24.7 billion yuan of funds.

Many people are well aware of the current situation of Glamor Semiconductor, and everyone regards this huge investment in repurchasing shares as a dying struggle for the company.

But then, Glamor Semiconductor issued a series of announcements saying:

The company will issue 200 billion yuan of corporate bonds and borrow 100 billion yuan from banks
The 200 billion yuan corporate bonds issued by the company have been fully subscribed by Hi-Tech Venture Capital Fund.
The company's 100 billion yuan loan has been approved and transferred to the account
"I don't understand! You said, Charm Semiconductor has been suppressed by others and is almost out of market. How can there be funds injected into it?"

"You don't understand this, do you? Charming Semiconductor is the core enterprise of the Huijia Department. What does the Huijia Department do? It is a financial predator, and tens of billions can still be taken out. But it is a pity that so much money is still in the end. It will be in vain, so it’s better to save it in a bank.”

It is really an incomprehensible coquettish operation. The market has not given a positive response to Charm Semiconductor's financing.

The stock price of Glamor Semiconductor is still half-dead, fluctuating around the price of 2.50 yuan.

Hong Kong.

Li Kailong, Weber and others met again, and everyone sat drinking coffee together, but there was an indescribable solemn expression on their faces.

Although North America's measures to suppress Glamor Semiconductor have achieved initial results, it did not help Wesley (South China)'s dilemma.

So what if Wesley won the case in North America?After all, their hands are not that long, and they can't reach the country at all.

Steady Stone Technology took no time to refute the absurd behavior of Wesley and the fruit company in the relevant media.unfair competition?That doesn't exist.Besides, if this matter is going to be litigated, it should be in China, okay?

On this matter, North America has nothing to say.

"Mr. Weber, in fact, we all know that suing Wanshi Technology in North America is just a cover, and our purpose is to promote greater suppression of Charm Semiconductor.

It stands to reason that the Huijia department should have compromised when Glamor Semiconductor was under such great pressure.But I tentatively contacted Chen Jialin's father, Chen Hao, and wanted him to come forward to persuade Hu Yang, but for some reason, Chen Hao had already cut off contact with us. "

Li Kailong, Weber and others have done so many things, but the ultimate goal is to keep Wesley (South China)'s basic market.

On this point, the interests of fruit companies are the same as theirs.

However, the fruit company has another idea, that is, it is best to let Charm Electronics also reduce the intensity of competition.

Therefore, while they were suing in North America on the surface, they secretly contributed to the suppression of Charm Semiconductor.

In their thinking, the Huijia Department will definitely give in in the end.

Then, they can use the condition of relaxing the suppression of Charm Semiconductor a little bit, and force Wanshi Technology to back down.

As for Liu Jia's matter, it was just a small trick that couldn't be put on the table, and he didn't expect much to be gained.

However, several aspects have been launched so far, and the attitude of the Huijia department is still very tough.Not only is the pressure of Wanshi Technology unstoppable, but Charming Electronics is also strengthening its market competition with fruit companies.

"Mr. Li, it seems that it is impossible for the Huijia Department to make concessions so easily. Charm Semiconductor has just raised 300 billion yuan in funds, and it is estimated that they plan to resist!"

Weber already has a bad feeling that no matter when the Huijia Department collapses, there is a high probability that Wesley (South China) will collapse before others.

"Then what should we do? Do we want to find a way to continue lobbying in North America and suppress a core company of Huijia? For example, Xintong International."

Li Kailong made up his mind and prepared to work with Weber to promote the suppression motion against the Huijia Department again. This time, he set his sights on Xintong International.

"Well, it's hard to say whether it will succeed or fail. I can only say to give it a try. In addition, the fruit company has to be involved in this matter, because they can also gain great benefits by suppressing the arrogance of the Huijia department."

Fruit Company has always been at a disadvantage in the competition with Charming Electronics.If it weren't for the suppression of Charm Semiconductor, Charm Electronics' products could not enter North America for the time being, and the fruit company might be defeated at home.

After the two sides negotiated, Weber and others left.

The lobbying work in North America was naturally also in charge of Weber, while Li Kailong decided to continue to put pressure on the relevant parties in the mainland, asking the provincial government to hand over Liu Jia to Xiangjiang.

In fact, he himself knew that Hu Yang and Chen Jialin had expressed their attitude on this matter, that is, they would not exchange personal interests with corporate interests.

But Li Kailong did this to a large extent to vent his inner dissatisfaction.

deep sea.

The matter of Liu Jia has not yet been settled, Chen Jialin held his breath, and continued to increase the pressure on Wesley (South China).

Charm Electronics is similar. It has launched a fierce battle with fruit companies in the domestic, peripheral and European markets.

Especially in the European market, Charm Electronics and Mingkang Communication jointly squeezed the fruit company's market share, causing a headache for the fruit company's management.

The fruit company has lowered its profit forecast for the fourth quarter and reduced some of its orders to Wesley (South China).

In view of this, Wanshi Technology continued to expand its market share.

And the large-scale factory established by Wanshi Technology in Zhongyuan City has directly released a terrible production capacity. Not to mention Wesley, even Hon Hai is envious.

At this time, Glamor Semiconductor suddenly issued an announcement that the company plans to invest 195 billion yuan to build five new factories, which are located in Shenhai, Modu, Jianghan, HF and Rongcheng.

As soon as the announcement came out, there was an uproar in the market.

Even giants in the industry, such as S Star, can't understand what Charm Semiconductor is doing!
The current memory chip market, including flash memory and memory prices, is falling rapidly.Of course there are S stars behind this, and at the same time, they have also considered counter-cyclical investment.

However, counter-cyclical investment is not something you can play only if you have money. You must have a sufficient market and launch a newer generation of products.

What does Glamor Semiconductor have?
It is undeniable that the technological level of Glamor Semiconductor has advanced by leaps and bounds in the past two years.Especially in the area of ​​flash memory, it has at least tied up with the S star, and even surpassed it to a certain extent.

However, Glamor Semiconductor does not have a relatively relaxed development environment.The crackdown in North America has caused Glamor Semiconductor to lose many customers, and its market share is still shrinking.

Under such circumstances, Glamor Semiconductor really does not know what to do if it wants to invest in counter-cyclical investment and build a factory.

According to S Star's estimation, at most one year, this rising star of the memory chip is at risk of falling.

"Good thing! This is a great thing!"

The senior management of S Star made an accurate judgment, and at the same time terminated the plan of this round of counter-cyclical investment.They thought very clearly, if they didn't take advantage of this opportunity to take advantage of it, they would be sorry for themselves.

To put it bluntly, S Star intends to buy the other party's factory at a very low price when Charming Semiconductor can't hold on.

If the goal can be achieved, S Star can save tens of billions of construction costs.

When Hu Yang learned that Star S had suspended his investment plan, he immediately understood what the other party was planning.

But he didn't care. If Charm Semiconductor was defeated in this way, wouldn't it be too small to underestimate the overall strength of the Huijia Department?
According to Hu Yang's own estimate, Glamor Semiconductor's latest generation of flash memory products can be mass-produced in at most three to six months.The current research and development work has made a breakthrough, and from a technical point of view, it has already stood at the forefront of the world.

The technological progress this time is not the planned 64-layer stacked flash memory, but the expansion of the 32-layer stacked technology, which can be regarded as the N+1 generation in terms of technology.

However, the overall performance of the new product has been greatly improved, and the overall performance can actually be increased by 57%.

This is the first time Charm Semiconductor is about to have world-leading technology. Yang Chenglin and Sakamoto Takuya have basically lived in Charm Research Institute recently.

"Mr. Yan, allocate another 10 billion yuan in research and development funds to Charm Research Institute. Tell them, what I need is not only N+1 generation technology, but also 64-layer stacking technology."

The research and development of the N+32 generation of 1-layer stacking technology is coming to an end. Hu Yang asked Yan Hanzhang to invest a large amount of research and development funds again for the future 64-layer stacking technology.

"Mr. Hu, according to the technology roadmap, Mr. Yang and the others originally planned to study the N+2 generation."

Yan Hanzhang sat in Hu Yang's office and carefully defended himself.

"No, no, there is no need to be so cautious. We should trust the technical strength of the Charm Research Institute. This matter is settled. After the N+1 generation, we will directly develop 64-layer stacking technology."

The technical roadmap that Yan Hanzhang and the others determined before cannot be said to be wrong.Sometimes running in small steps is also a very good strategy.

But today is different from the past, Glamor Semiconductor is facing enormous pressure from North America.If it cannot stand out technically, the company will be silent for at least five years.

Five years, not to mention the vicissitudes of life, but many things will become different.

"Okay, these two days I will go to the magic capital myself, and have a good talk with Mr. Yang and Mr. Takuya Sakamoto."

In fact, Yan Hanzhang's words sound nice, and the technological progress of small steps and fast running is still his idea.

If Yang Chenglin and Sakamoto Takuya hear that the company plans to establish a 64-layer stacking technology project, it will be too late to be happy.

However, Hu Yang didn't say anything, and sent Yan Hanzhang out in a few words.

Afterwards, Hu Yang asked Wu Xinhui to call Yu Hongbo.

"Old Yu, how's Charming Semiconductor's stock price these two days?"

Hu Yang doesn't have time to stare at the computer every day. He has a group of professionals under him, so he definitely doesn't need to do everything by himself.

Yu Hongbo smiled wryly, and said, "Boss, it stands to reason that such a large investment should boost the confidence of the market. However, the company's stock price is still hovering between 2.50 yuan and 3.0 yuan."

"Oh? So the market doesn't buy it. That's right, people nowadays are basically terrified of a certain super. I guess most people are not optimistic about the future development of Charming Semiconductor."

After a little thought, Hu Yang understood the key point.

Since most people think that the company cannot withstand the pressure from North America, no matter how big the company invests, people will only think that it is just a flashback.

"Okay, Old Yu, keep watching, and tell me immediately if there is any change."

Hu Yang is not in a hurry, the stock price issue can wait.

However, after Yu Hongbo left, Liu Ying brought him a piece of bad news.

"Mr. Hu, I have already analyzed Charm Semiconductor's financial report. According to the current trend, the company should suffer a loss in the fourth quarter. The specific amount of loss depends on the price trend of memory chips."

Over the past period of time, the market for memory chips has continued to fall. S star and MG are also ruthless characters, and they have already set the price close to the cost line.

Fortunately, the current production scale and production technology of Charm Semiconductor are good.The production cost of each memory chip is not much higher than that of these giants.

"Hehe, it's still an old trick. They are killing three thousand and self-defeating three thousand."

The ways of giants such as S star can be described as simple and rude, and the struggle is consumption.

According to common sense, Charm Semiconductor is now facing internal and external troubles, and fighting consumption is similar to suicide.

However, Populus euphratica had his own plans.

Regardless of the fact that Glamor Semiconductor's funds are borrowed, at critical moments, Hu Yang can postpone the company's debts with a single word.

That is, the 100 billion yuan borrowed from the bank. If it is not paid when it is due, you can borrow new debt to repay the old debt, and you only need to pay interest.

Therefore, Charm Semiconductor's financial pressure is not as great as it seems from the outside world.

Besides, it's just a quarterly loss, and it's not enough for Glamor Semiconductor to be treated specially.As long as you don't wear the ST hat, Populus euphratica will have a lot of room to move.

Glamor Semiconductor is implementing the plan step by step, and the production and operation are all normal.The strangling of Wesley also came to a critical moment.

If it is said that Glamor Semiconductor will suffer losses immediately, then Wesley (South China) will not only lose money continuously, but also increase the amount of losses.

In the hands of Chen Jialin, the Obstinate Stone Technology has almost become a "God of War".Even if the foundry fee is lower than that of Wesley, the profit is higher than that of the other party.

There is no secret in this. On the one hand, the scale of Wanshi Technology is much larger than that of Wesley.On the other hand, the management and technical level of Wanshi Technology is also much higher than that of the opponent.

This gap cannot be made up in a year or two.Now even Hon Hai will obediently get out of the way when it encounters Stone Technology.

On this day, Wesley held a board meeting of Wesley (South China) in Yangcheng.

The executive president from Wesley's headquarters presided over the meeting, and Weber, the president of Dahua District, had to sit on the side.

(End of this chapter)