my life reset

Chapter 685 Internal Competition

Chapter 685 Internal Competition
"Hehe, it seems that Mr. Chen's risk control work has not been done at all."

Hu Yang smiled, he knew that Chen Jialin looked carefree on the surface, but he was meticulous in his work.

After he established the fund, he actually established a strict internal risk control mechanism.Therefore, it is impossible for Zhang Ming to obtain all the company's secrets.

"Yes, the lawyers also said that the existing evidence is still in favor of Mr. Chen. Of course, it is not so difficult to completely overthrow the accusation. If you plan to settle with the prosecution, the success rate is still very high."

Xia Bing nodded, agreeing with Hu Yang's statement.

Because of Chen Jialin's internal isolation system, everyone's secrets are one-sided and fragmented.Therefore, Chen Jialin had the capital to save himself this time.

According to the lawyer's speculation, the prosecution will retreat step by step, and Chen Jialin will have a chance.

"When is the next court session?"

Hu Yang also relaxed, even if he had to pay a large fine in the end, it would be more cost-effective than letting Chen Jialin go to jail.

Neither he nor Chen Jialin are short of money. After this incident, Hu Yang will ask Chen Jialin to get out of the fund.Don't let him engage in these tricks anymore, just do a good job in the enterprise honestly.

"The next trial will be three months later, and it is estimated that it will be another protracted lawsuit. Boss, in the next one or two months, in addition to paying attention to the lawsuits in North America, I also plan to conduct a national survey to take a good look at our entire Check the supporting situation of the industrial chain."

There is a support team at Xiangjiang, and Elbe Semiconductors also sent people to North America.In fact, Xia Bing only needs to keep paying attention to these two matters, and does not need to spend all his energy on these two lawsuits.

"Okay! However, Mr. Xia, you still need to cooperate with Mr. Mu on some matters. You must have seen that day that Mr. Mu is dissatisfied with the status quo of Huijia Holdings."

When Hu Yang established two companies, Huijia Holdings and Huijia International Investment, the original intention was to focus on the domestic market and the international market.

However, after Huijia International Investment withdrew from North America, the business and Huijia Holdings had a high degree of overlap.Moreover, Huijia International Investment has obvious advantages in capital operation, corporate mergers and acquisitions, etc. Huijia Holdings has gradually become marginalized.

This is not a question of whether Populus euphratica is eccentric or not, it is caused by historical reasons.

Hu Yang is happy to see the healthy competition between his two investment companies.But now, the balance has tilted, and he can't ignore it.

"Boss, has Mr. Mu complained to you? You're really glass-hearted, and you can't bear to be wronged at all. Well, I understand, and I will avoid excessive competition with them."

Xia Bing couldn't help smiling, she and Mu Shaoqing had a good personal relationship, but she didn't care much about the disputes over work.

Hu Yang noticed that what Xia Bing said was avoiding excessive competition, not avoiding competition.It shows that Xia Bing knows what's in his heart, and this is the answer Hu Yang hopes to get.

Three days later, Xia Bing left the deep sea with a working group and started her national research activities.

Mu Shaoqing didn't just sit in the office, he also went to Dingxin Technology.

As a result, he arrived at the place the first day, but unexpectedly met Zhang Rulin the next day.

"Zhang Dong, we haven't seen each other for a long time. How have you been?"

Zhang Rulin basically doesn't care about the affairs of Xintong International. He resigned from the position of chairman of Xintong International last year. He only holds the title of honorary chairman, but still retains a seat on the board of directors.

Mu Shaoqing and Zhang Rulin are no strangers, and the senior management of the entire Huijia Department respects the founder of Xintong International.

But he didn't expect to meet Zhang Rulin in such a small company.

"Haha, my old bones are fine. In recent years, I basically don't care about the company's specific affairs, but my body has taken good care of me.

Boss Meng was very busy there and couldn't leave, so I took the initiative to invite Ying to take a look.After all, it is a major issue related to production equipment, so we can't be careless. "

In the semiconductor field, it is very difficult to achieve de-North America.

The production of chips includes the steps of diffusion, photolithography, etching, ion implantation, film growth, polishing, metallization, etc., involving many equipment.To completely bypass North America is not something that can be done overnight.

But some things must be done.Otherwise, after the supply is completely cut off, you can't close the factory, can you?
When Mu Shaoqing heard Zhang Rulin's answer, he smiled knowingly: "Director Zhang, let's go in together."

Xintong International and Huijia Holdings are consistent in grand strategy, but they are different in specific purpose.

Xintong International is to do a good job of localization alternatives, and Huijia Holdings is to help Dingxin Technology on the capital side.

Throughout the morning, under the leadership of the founder of Dingxin International, the two visited the whole picture of the company, and even the technology research and development department was completely open to them.

After lunch, Mu Shaoqing invited Zhang Rulin to sit in the teahouse.

Zhang Rulin didn't refuse, and readily accepted.

"Zhang Dong, you are an expert, what do you think of the technical level of Dingxin Technology?"

During the visit and investigation in the morning, the top management of Dingxin Technology also gave a very detailed explanation to Mu Shaoqing and Zhang Rulin.

But Mu Shaoqing knows that small and medium-sized enterprises like this often have some exaggerations in order to raise funds.

"Well, I think their products can be used after they come out. As for the technical level, of course there is a big gap with the international giants.

Mr. Mu, we can't pick and choose now. We are lucky to be able to substitute.However, in the afternoon, I will give them some more indicator requirements to minimize the impact on the company's yield rate. "

Zhang Rulin naturally looked down on the technical level of Dingxin Technology, but he was right in saying that when there is no choice, having it is better than not having it.

Meng Rusong also meant the same thing. When the polishing pad of Dingxin Technology is produced, Xintong International will participate in the product test and put forward suggestions for improvement.

Then, NTS International will purchase part of the products of Dingxin Technology.

Whether it is localized replacement or gradually transferring the supply chain to Europe and RB, it all needs a process, which cannot be accomplished overnight.

However, Xintong International can take the initiative to move the gate forward, actively participate in the research and development and production of related equipment, and put forward its own opinions.This in itself is of great significance to companies like Dingxin Technology.

Still the same sentence, any product is getting better and better, practice makes perfect.The premise is that someone has to give these small and medium-sized enterprises opportunities, and the market is the key factor that determines the height of enterprise development.

In the past, the supply chain of the entire Huijia Group (including Xintong International) was smooth.For the quality of the product, it is natural to purchase the most technologically advanced equipment.

But now the Huijia Department is facing the danger of cutting off supply in North America, and the related companies under the Huijia Department can only do everything possible to find a replacement.

Mu Shaoqing understood what Zhang Rulin meant, and at the same time he also understood the value of his investment.

At present, Dingxin Technology's total assets are only 6500 million yuan, and they urgently need new capital injection.Without funding, their upcoming first-generation product would have been aborted and the company would not have survived.

In the evening, Lin Boke, the founder, chairman and CEO of Dingxin Technology, insisted on entertaining Zhang Rulin and Mu Shaoqing.

"Mr. Lin, how disturbing we are here this time, let me invite you. Don't rush to give in, just listen to me"

Mu Shaoqing and Zhang Rulin exchanged glances. Dingxin Technology has not paid wages for two months, which shows how difficult the company's financial situation is.

At this time, I am really embarrassed to let the other party treat me.

Mu Shaoqing paused for a moment, and then continued: "Boss Lin, we already have a certain level of confidence in your technical level. Let's go, I'm treating guests today, let's chat while eating."

Hearing the overtones in Mu Shaoqing's words, Lin Boke felt that the financing and future sales were still very promising.

Immediately, he couldn't care less about arguing with Mu Shaoqing about who should treat him, and came to the restaurant together with Mu Shaoqing and Zhang Rulin.

Three days later, Zhang Rulin returned to Shanghai.

Mu Shaoqing left behind a few capable men, and he himself flew directly to the deep sea.

"Mr. Hu, we have initially reached an agreement with Dingxin Technology. We will invest 1 million yuan in Dingxin Technology and obtain a 49% stake in the other party, but only have no more than 20% of the voting rights.

We do not participate in the operation and management of the enterprise, but only implement operation and financial supervision.At the same time, we promise not to seek to control the company. "

In order to stabilize the entrepreneurial team, Mu Shaoqing gave the other party very generous conditions.

Therefore, when he came to report to Populus euphratica, he felt somewhat uneasy.

"It's okay not to participate in the operation and management of the company. We can't invest in a company, we have to go to battle in person, right? However, this investment is still a bit small, and when the time comes, the other party's funds are used and not enough. what to do?"

For a company like Dingxin Technology, the initial research and development costs will be very high.

The entrepreneurial team has raised tens of millions of funds, but it has not persisted for two years, which can explain the problem.

Hu Yang feels that this kind of investment method like squeezing toothpaste is not advisable, at least not very good for Dingxin Technology.

At present, the research and development of Dingxin Technology is nearing completion, and it will face production and sales next, which is the time when large sums of money are needed.

"Then, what does Mr. Hu mean?"

Mu Shaoqing hesitated for a moment. He immediately thought of Huijia International Investment. Could it be that Xia Bing is coming to pick peaches again?
There are no rumors about Hu Yang and Xia Bing privately in the company, after all, the two don't have much contact with each other.But Hu Yang's preference for Xia Bing is obvious to all.

No wonder Mu Shaoqing thought too much.

"It's not what I mean, it's someone else's idea. The Integrated Circuit Development Fund is planning to support Dingxin Technology. They just greeted me yesterday, and I have already agreed."

Hu Yang smiled slightly. Since the Huijia Department is not planning to take a controlling stake, it doesn't care if one more shareholder participates.

Moreover, Hu Yang felt that he led the investment in this area, and other funds participated together. This should be a good model.

It can share risks and improve the efficiency of capital use, so why not do it?

However, the integrated circuit development fund mentioned by Hu Yang here refers to the newly released "Integrated Circuit Development Fund Phase II", which is different from the previous fund.

The Integrated Circuit Development Fund was established under the leadership of the state.The second phase of the fund mainly supports companies in the fields of integrated circuit equipment and materials, and Dingxin Technology just caught up with this train.

Since Huijia was the first to arrive, the fund first called Hu Yang, fearing that it would cause unnecessary misunderstandings.

Hearing this, Mu Shaoqing subconsciously breathed a sigh of relief.Maybe he didn't even realize that, during the competition with Xia Bing, he had psychological shadows.

"Mr. Hu, of course I have no objection, and I absolutely obey your decision. How much is the Integrated Circuit Development Fund planning to invest?"

Mu Shaoqing thought about it, and then remembered a key question.

"Coincidentally, they are also planning to invest 1 million yuan. What I mean is, if you go to Dingxin Technology again, the Integrated Circuit Development Fund will also send someone there. The three parties should settle this matter as soon as possible."

With the keynote set by Hu Yang, the negotiation will not be delayed for too long.

Mu Shaoqing came to Dingxin Technology again, and soon signed an agreement with the entrepreneurial team and the IC Development Fund.

According to this capital increase and share expansion agreement, Huijia Holdings and Integrated Circuit Development Fund (Phase II) will each invest 1 million yuan in Dingxin Technology.

After the end of this round of financing, Dingxin Technology’s equity changes are as follows: the entrepreneurial team’s shares accounted for 27%, and Huijia Holdings and IC Development Fund’s shares accounted for 36.5%.

Huijia Holdings and IC Development Fund do not participate in the operation and management of the enterprise, but only perform supervisory duties.

Of the five board seats, the entrepreneurial team of Dingxin Technology occupies three seats, and Huijia Holdings and IC Development Fund each occupy one seat.

In fact, Huijia Holdings invests in a large number of semiconductor-related SMEs.But the scale of investment is relatively small, and there are no major projects.This is also a heart problem for Mu Shaoqing. Only relying on these small projects, Huijia Holdings is not as good as Huijia International Investment.

Huijia International Investment is just the opposite of Huijia Holdings.Their investment projects are not many in number, far inferior to Huijia Holdings.

However, the individual investment of Huijia International Investment is very large, often tens of billions, and the total investment is far behind Huijia Holdings.

The most intuitive manifestation of the consequences of this is the annual profit and the size of the company.

Huijia Holdings has long been at a disadvantage.

In Hu Yang's eyes, the palms and backs of his hands are full of flesh, and he is happy whoever makes money.But Mu Shaoqing and Xia Bing don't think so. After all, they are both under the banner of the Huijia Department, and they each have the interests of small groups, don't they?

Therefore, after completing the investment in Dingxin Technology, Mu Shaoqing moved to many places non-stop, and signed investment agreements with more than [-] companies.

A month later, Mu Shaoqing returned to Yangcheng with a stack of agreements.

However, Xia Bing, who had traveled around the country, returned to the deep sea empty-handed.

(End of this chapter)