my life reset

Chapter 653 Clearing Obstacles
Chapter 653 Clearing the Obstacles

Xintong International and Glamor Semiconductor under the Huijia Department will definitely purchase equipment from Bolong Optics in the future. Anyway, Bolong Optics' high-end lithography machines will be able to achieve mass production in a few months.

But this time difference is also very necessary to fight for.

The only way to gain time is to acquire microelectronic equipment, integrate the advantages of the two companies (Bolong Optics and microelectronic equipment), and quickly form economies of scale.

From this perspective, the successful acquisition of microelectronic equipment is the prerequisite for the smooth cooperation between Huijia and Nikon.

"The acquisition is not a big problem. There should be news from Summit Capital soon, no later than tomorrow."

Yang Hu promised to give an answer within three days that day, and Kitahara Cansuke hinted that Nikon is one of the masters behind the summit capital, and Hu Yang said this with confidence.

"Mr. Hu, microelectronics is now facing pressure from North America. If we buy it, will Bolong Optics be involved?"

Dai Xiangjun raised this question carefully. From his heart, he didn't really want to add another burden.

According to the progress of Bolong Optics, mass production of high-end lithography machines can be achieved in a few months, and it is not necessarily necessary to purchase microelectronics equipment into the bag.

After hearing these words, Meng Rusong couldn't help shaking his head violently, saying:

"Mr. Dai, I don't agree with your point of view. Even if there is not much outstanding technology in microelectronic equipment, just a double workbench will require you to work hard for at least five years.

Can't you see the situation now?There is no involvement or non-involvement at all.North America's suppression of the domestic semiconductor industry is a long-term process and will not change due to a temporary incident.I can say that if microelectronics falls, Bolong Optics will be next. "

Hu Yang glanced at Dai Xiangjun. This guy is good at technology, but he still lacks the big picture.However, this person has been keeping up with his own pace, so it is not good to be too harsh.

"Mr. Hu, what should I do with my current order? Glamor Semiconductor has been expanding its production capacity, and there is still a large number of production equipment to be ordered."

Huang Tao, who had been silent all this time, asked a question.Glamor Semiconductor's new factory also needs to order photolithography machines.But in the current situation of microelectronic equipment, I really can't guarantee whether the other party can deliver on time.

"Mr. Huang, the order that should be placed is still the same. I estimate that there will be some delays in the delivery of microelectronic equipment, but the time will not be too long."

Hu Yang smiled at Huang Tao, telling him not to worry too much.

Then he said to Zhang Xiao and Xu Younian:

"Mr. Zhang, you are in charge of the negotiation with Nikon. The other party wants to join our supply chain. If the conditions are right, this is a win-win result.

Mr. Xu, you still need to worry about the production and R&D base in Beijing.Later, you can discuss it with Mr. Dai. The company's independent research and development cannot be stopped, and the spare tire plan must be implemented for a long time. "

Zhang Xiao has been busy with the establishment of a new supply chain recently, and now Nikon took the initiative to come to him and let him be in charge of the negotiation.

Xu Younian and Dai Xiangjun each have their own work, but one thing is very important, the company's core technology research and development cannot be slack.

"Mr. Hu, your idea is very good. We need to learn to walk on two legs. Although Nikon is now actively seeking cooperation with us, how long this cooperation can last remains to be seen."

Meng Rusong was fed up with key equipment and technology being controlled by others. He and Hu Yang held the same view that the core technology should be in his own hands to be safe.

Hu Yang nodded and smiled at Meng Rusong.

Or Lao Meng understands his own thoughts.

The meeting can basically end here.Just as Hu Yang wanted to announce the end of the meeting, he saw Wu Xinhui knocking on the door and walking in.

"Sorry, Mr. Hu, excuse me. Mr. Yang from Summit Capital has been here for a long time, and he is still waiting for you in the reception room. Look?"

When Yang Hu called, Hu Yang was in a meeting.Wu Xinhui asked him to contact him later, but he arrived at the International Building not long after.

Wu Xinhui didn't want to disturb Hu Yang, so she asked Yang Hu to wait in the reception room for more than an hour.

Yang Hu has asked several times when the meeting will end.Wu Xinhui was really annoyed by the other party, so she came to Hu Yang.

"Everyone, let's leave today's meeting as it is. Later, everyone will take active actions. Assistant Wu, you go and tell Mr. Yang, and I'll be there right away."

After sending Wu Xinhui away, Hu Yang and Zhang Xiao chatted a few more words, and then came to the reception room.

"Mr. Hu, did you delay your meeting? I'm also a little anxious here, and I need to explain something to you."

Yang Hu's visit this time was mainly for the matter of Kitahara Cansuke.

To be honest, both he and Wu Zunyou were tricked by the boss behind them in this matter.

Neither he nor Wu Zunyou knew Beiyuan Cangjie's true identity and purpose.Who knew that this guy was from Nikon, he suddenly felt that he was a head shorter than Hu Yang and Director You.

Director You didn't bother to explain, so he came to Hu Yang first.

Hu Yang smiled, patiently listened to Yang Hu's explanation, and accepted his apology.

For the time being, the microelectronics suffered little damage.Kitahara Sosuke is very smart, and he has never been exposed to technical matters during this period of time.

It's just that the people recommended by Summit Capital are so unreliable. If they want to take key positions in the company in the future, I'm afraid Hu Yang and Director You will not agree.

Therefore, Hu Yang also sold Yang Hu a face.

"Mr. Yang, this matter is over. But I don't know Director You's side of the candidates recommended by you in the future, but I will definitely check them strictly."

Face must be given, and ugly words must be said first, it is impossible for Hu Yang to have no attitude at all.

"Hey, that is, that is. Besides, there may be further cooperation between us, I can't keep slapping myself in the face, can I?

Mr. Hu, I heard that you are going to discuss cooperation with Nikon soon?We also discussed it. It is really difficult for us to express our position when it comes to Nikon in the future.I have a new plan here, are you interested? "

Although Summit Capital has a Japanese background, Nikon is not the company's major shareholder.

Otherwise, it is impossible for Yang Hu and Wu Zunyou to realize this matter until now.In order to appease the two agents, the bigwigs behind the scenes stated that they would not pursue their mistakes in investing in microelectronics equipment, nor would they interfere with their disposal of this part of the equity.

After discussing with Wu Zunyou, Yang Hu and Wu Zunyou quickly implemented the new plan proposed by Wu Zunyou, that is, mortgaged this part of the equity to Hu Yang, and then borrowed some funds from the Huijia Department.

In this way, some cash flow can be replenished, and it can also avoid being caught in the middle and being angry at both ends.

"Mr. Yang, the idea of ​​you and Mr. Wu is very interesting. However, if you mortgage this part of the equity to me, during the mortgage period, I will perform the duties of shareholders on your behalf. What does this mean? I think you are very happy." Clear, right?"

Hu Yang originally didn't think it would go smoothly, and the acquisition of the equity in microelectronics equipment held by Summit Capital.

Making a tender offer is just a gesture, but I didn't expect Summit Capital to surprise me.

The equity mortgage period is at least one year. During this year, this part of the equity of Summit Capital will be held by Hu Yang on his behalf.

Therefore, Hu Yang deliberately emphasized it.

Yang Hu shook his head with a wry smile and said:

"Mr. Hu, I understand what you said. Even if you want to increase capital and share during the mortgage period, that's up to you.

But there is one thing, the rights and interests of the original shareholders must not be violated.You can finance at a premium, but not at a discount. "

Yang Hu doesn't worry about other things, even if it dilutes Summit Capital's shares in microelectronics equipment, it doesn't matter.The key point is not to dilute the equity of shareholders. He also expects that the premium financing can raise some stock prices.

"Okay! Mr. Yang, let's start the negotiation as soon as possible."

Populus euphratica has put in a lot of effort to acquire microelectronic equipment.Now that things have progressed to this point, there is no reason to procrastinate.

Therefore, he happily agreed to the principled plan proposed by Yang Hu.

"Thank you, Mr. Hu! I won't stay any longer, and I'm going back to prepare now. I'll send someone over tomorrow morning, and try to finish this matter within a week."

Yang Hu didn't talk too much, and got up to leave immediately.

Now that the two sides have reached an agreement in principle, it is estimated that it may take less than a week to sign a formal agreement.

Hu Yang asked Wu Xinhui to send Yang Hu out, and he himself called Xia Bing first to talk about the situation here.

Then let Wang Qingquan come to the office.

Anyway, it is a pledge of equity, not an equity transaction. Hu Yang is going to sign an agreement with the other party in the name of Huijia International Investment.

The principle of this matter has been settled, and only a few details remain.Hu Yang didn't want Xia Bing to make another trip, so he asked Wang Qingquan to represent the company. Anyway, Wang Qingquan still held the title of deputy general manager of Huijia International Investment.

At present, in the account of Huijia International Investment, RBM has 441.84 billion yuan, Hong Kong dollars have more than 100 billion Hong Kong dollars, and the cash flow is very sufficient.

"Mr. Hu, now that the stock price of microelectronic equipment is so low, how much money can you lend to the other party? If you borrow a few hundred million, Summit Capital will not be able to do it."

The only thing Wang Qingquan was not sure about was the loan amount given to the other party.

Hu Yang thought for a while and said: "Peak Capital pledged all their equity to us, at most twice the price of their net assets, which is more than 40 billion yuan. Well, you first negotiate with them based on 40 billion yuan Well, it can’t exceed 45 billion yuan at most.”

Peak Capital currently holds 1.014 million shares of microelectronics equipment, and based on the price of net assets of 22 yuan per share, the total value is 44.616 billion yuan.

But if calculated according to the current market average price of 12 yuan, the total value of this part of the shares is only 12.168 billion yuan.

There is a big difference between the two.

Wang Qingquan hesitated for a moment, but still reminded: "Mr. Hu, if you borrow money from Summit Capital at twice the price of your net assets, they are likely to take the money and run away."

Before, the stock price of microelectronic equipment had not fallen to this level. Summit Capital and Nikon once had an equity transfer agreement. At that time, the transfer price of this part of the equity was 52 billion yuan.

Of course, since this period of time, everyone has known that Summit Capital has a Japanese-owned (actually Nikon) background, so the previous agreement will be questioned.

Now Hu Yang has promised Summit Capital to carry out equity mortgage loans, up to 45 billion yuan. Wang Qingquan suspects that Summit Capital will take the opportunity to run away.

Hu Yang smiled and said, "Isn't that just right? All right, let's do it. Now quickly select a few people to form a negotiation team, and they will come to negotiate tomorrow."

Hu Yang didn't explain in depth, but Wang Qingquan suddenly realized that it turned out that the boss was looking at his shares.

The next day.

Yang Hu personally led the team to the International Building, and formally started negotiations with Wang Qingquan and others.

Everything else is easy to say. As soon as the negotiation started, the two sides got stuck on the total price.Yang Hu asked for a minimum loan of 50 billion yuan, but Wang Qingquan only agreed to lend 40 billion yuan.

On the first day, the two sides temporarily avoided this issue and settled down on other details one by one.After getting off work in the afternoon, Yang Hu went directly to the restaurant he had made an appointment with Wu Zunyou.

"So, now there is only one question about the loan amount? Mr. Yang, if it's really not possible, we will take a step back tomorrow and sign the agreement for 45 billion yuan.

They can't afford this time, and neither can we.Nikon will start negotiations with Bolong Optics soon, and we have to hurry up. "

Wu Zunyou doesn't care whether it is 40 billion yuan or 50 billion yuan.

Different from what Wang Qingquan thought, what Wu Zunyou and Yang Hu thought from the very beginning was to borrow a sum of working capital to operate, instead of mortgaging it and running away.

Since you have to pay back when it's due, you don't have to care about more or less.

"Okay, Mr. Wu, I guess we can almost sign the agreement tomorrow. Come, have a drink, and wish us all the best."

Some things don't need to be said directly, both of them understand the importance of this sum of money.

With this injection of working capital, they can also find some short-term and fast projects, so as not to be stuck on microelectronic equipment.

As for this part of the equity, the two do not plan to sell it.They are very optimistic about the negotiations between Nikon and Bolong Optics, and they also have certain confidence in the future stock price recovery of microelectronic equipment.

Didn't Hu Yang want to acquire microelectronic equipment with Bolong Optics as the main body?Summit Capital simply handed over the equity to Hu Yang to hold it on behalf of him.

This actually cleared the way for the next acquisition.

Today Wang Qingquan quoted a total price of 40 billion yuan, and Yang Hu wanted to agree on the spot.But it seemed too obvious to do so, and he seemed a little impatient, so he put it off until the next day.

The next day.

When Wang Qingquan and Yang Hu met in the morning, they started arguing about the total loan amount again.After arguing and fighting, the two decided to take a step back.

Peak Capital pledged to Huijia International Investment for all the equity (1.014 million shares) of microelectronic equipment held by it.Huijia International Investment borrowed 45 billion yuan from Summit Capital with a term of one year, and the interest rate was based on the loan interest rate for the same period.

Within one year, Huijia International Investment shall not transfer or re-mortgage this part of the equity, nor shall it withdraw the loan in advance.

Summit Capital shall not repay the loan in advance or release the mortgage in advance within the time limit.

(End of this chapter)