Chapter 140: Questioning and Coping

Huaxing Technology raised $2 billion, which naturally attracted the attention of all parties.

In the graphics card, Huaxing Technology has achieved the top level in the industry. On memory chips, DDR memory has proven excellent performance.

So what kind of business is the new business?

$2 billion is not a small amount, in this era, enough to build an aircraft carrier, therefore, Goldman Sachs asked Huaxing Technology for verification at the first time.

Among them, the so-called new business was naturally mentioned, but Huaxing Technology refused to explain the situation to Goldman Sachs on the grounds of confidentiality.

The finance department is also sorting out the financial statements, and in fact, in the graphics business, the profit performance is more than Goldman Sachs expected.

Thanks to Wang Anran's advanced product awareness, the product research and development direction of Huaxin Technology has been driving on the most correct road, and the research and development cost of Huaxin Technology's graphics card is naturally far lower than that of its peers.

What is saved is profit.

Profit performance is naturally an important reference for valuation.

Wang Anran's original plan was to pull the capital on board first, and then announce the plans for the CPU and chip manufacturing plants.

However, the CFO has a different opinion.

"Mr. Wang, if you sell your shares, no one will ask you how the money will be used after cashing out, but if it is the company's financing for development, according to the convention, the company must explain the use of the money, because investors have the right to know this!"

"Can what is announced be different from what is done?"

Shi Conggu said with certainty: "It's better not, Mr. Wang, the company is the same as you, and there is integrity at all, if investors lose trust in Huaxin Technology, the result may be a disaster......

Wang Anran nodded, since Huaxin Technology wants to test the waters in the international financial market as China's first high-tech enterprise, if it is too much to provoke a commotion because of this, it is better not to raise funds now.

Is it not announced or not?

Just when Wang Anran was entangled.

Three days later, Huaxin Technology received investment letters of intent from 13 investment banks including Goldman Sachs and Lehman.

A week later, 12 Wall Street giants, including Morgan, Merrill Lynch, and Bear Stearns, expressed concern and began to contact personnel from Huaxin Technology.

Now the five major investment banks are all together.

At the same time, Goldman Sachs adjusted the valuation of the split Huaxin Technology to $8 billion, which required that Huaxin Technology should be reformed in accordance with the international financial system and explain the use of the funds raised.

There is no problem with the first, as for the second?

Wang Anran can be sure that if the CPU project is announced, there is a chance that it will not cause Intel's anxiety, but will make the world think: Huaxin Technology is floating.

Investors do not get on the ship, or lower the valuation to get on the ship, which is definitely a huge loss for the current Huaxin Technology.

Xu Chengtao had just returned from Hong Kong Island to report on his work, and from the perspective of a bystander, he gave Wang Anran her opinion.

"Mr. Wang, since we have to make it public, let's make it public, if the valuation given by the investment bank is not high, we can temporarily close the financing window and wait for them to give us a satisfactory offer!"

"It may have to be shelved indefinitely, if the CPU project is successful, it will definitely touch some sensitive nerves, you must know that Intel and AMD are also standing behind these investment banks, and they will fund a Chinese company to compete with their own son?"

Xu Chengtao said with a smile: "Mr. Wang, Huaxin Technology's development of CPU business, is this something that the investment banks can stop? ”

Wang Anran shook his head, designing the core technology of the chip industry, such as CPU, can not be speculated by ordinary companies, the American government is not a decoration, they will not want to see the rise of China's CPU.

Wang Anran's purpose in introducing international capital is also to build a bridge through these international capitals, and you must know that the consortium behind the five major investment banks is in the United States, and it also has a huge right to speak.

After thinking about it, Wang Anran no longer discussed this topic with Xu Chengtao, and turned to something else.

"Cheng Tao, I plan to take out three points of shares in Huaxin Technology, Huawei Software, and Future Technology to set up an employee stock pool, this matter, you go back and check the cases of similar companies, and take advantage of this time to come up with a plan for me to ............"

…………

After contacting a number of investment banks, although Goldman Sachs' valuation is not the highest, Wang Anran values Goldman's influence and outstanding lobbying ability more.

Is it to negotiate with Goldman Sachs first, thinking about it, Wang Anran still shook his head.

For the sake of safety, Wang Anran plans to release rumors in the investment bank to test the reactions of various companies.

The next day, the Metropolis Post exposed the blockbuster news, and insiders revealed that Huaxin Technology was about to enter the field of CPU design.

Peer Shake!

Wall Street shakes!

China is shaking!

The whole world was shocked!

The reporter asked Feliro what he thought of this news, and Feliro smiled unabashedly: "I hope this news is true, Intel welcomes colleagues from all over the world to join in the research in the field of microprocessors." ”

However, from the relaxed look on Feliro's face, it can be concluded that Feliro just took the news as a joke.

Lukes, the strategic executive officer of ATI, also hopes that this news is true, Huaxin Technology has entered the CPU industry with a huge amount of money, and naturally pays much less attention to graphics cards.

He is now a little nervous, for fear of when Huaxin Technology will launch the second-generation ripper graphics card.

Because the world's manufacturing process has transitioned to the nano era, ATI's advantage in the process can no longer be maintained.

According to the general practice of chip companies, new products will be designed according to the new process, and the performance is often greatly improved.

And ATI wasn't ready.

What he wants to see most is that Huaxin Technology will fight to the death with Intel in the CPU field, and then be cut off by himself on the display chip.

Compared with ATI's sensitivity, Nvidia's Wong Tai Sin is obviously much calmer, Wong Tai Sin has just found an investor who is willing to join the company, and he is holding back his big moves, he really can't care about such a thing.

And 3Dfx is embarrassed, since its establishment, not a single product has appeared, and the Voodoo graphics card, which was originally in the limelight in history, was also forced to die in the womb by Huaxin Technology's ripper graphics card.

Now that it has fallen to Intel, it is unwilling to take over, and investors have no choice but to reinvest the money to renew its life and see if it can be sold at a good price.

The result is a complete loss of core personnel, but 3Dfx still has a lot of patents on graphics chips and graphics program interfaces, which can be regarded as the last residual value of 3Dfx.

As for Microsoft, if Huaxin Technology is not split, he is very worried that Huaxin Technology will invest huge amounts of money in system development.

And now Bill is busy.

Windows95 draws on a lot of HarmonyOS SP system design ideas, and now it can be said that it is not inferior to the HarmonyOS SP system operation experience.

However, the two treatments also seem to have brought a sequelae, which gives Windows 95 the title of "blue screen master" now.

If Wang Anran knew that Bill had attributed the reason for the blue screen to the Hongmeng SP system, he would have to smack him up.

I haven't looked for you after you've borrowed it, and the blue screen is still to blame on us, historically, the original Windows95 didn't have a blue screen, okay!

Compared with the disdain of peers, there are only two attitudes of investment banks, bullish or bearish,

Investors' money is also real money, and investing in you is for you to make money for Huaxin Technology, not for you to spoil it.

What is a CPU, we Americans have studied it for decades, accumulated hundreds of patent bases, can you play if you want to, 2 billion dollars, just to buy these patent licenses will cost half of the money.

Clark also knew to call Wang Anran for confirmation, and Morgan simply shook his head and withdrew.

You Huaxin Technology wants to die by yourself, I Morgan is not willing to play with you, there are many investment opportunities in the world, I heard that the price of oil in the Middle East is going to rise again, and it is better to harvest a wave of leeks than this.

In keeping with Huaxin Technology, I am afraid that only the domestic melon-eating masses are in tune.

A big country has been in the embarrassment of "lack of cores and screens", and a Chinese company can stand up and raise its arms to be China's own CPU.

How doesn't this excite them!

It's just that the people who eat melons don't understand why do you Huaxin Technology want to introduce foreign capital, 2 billion US dollars, how much can you Huaxin Technology worth?

Foreigners have taken control of the shares, is this still a Chinese enterprise? For this reason, the people who eat melons rarely expressed that they are very anxious.

In contrast to the great concern expressed by all parties, the official has been silent as always.

The customer service hotline of Huaxin Technology receives hundreds of verification calls a day.

Wang Anran regarded himself as a bystander, watching the development of the whole situation.

For the news of entering the CPU industry, Huaxin Technology neither admitted nor refuted, but for many sensitive industry personnel, this can already explain the problem.

Clark can already conclude that it is true that Huaxin Technology has entered the CPU field.

In order to verify, he came to the door for an interview, sent a fax, made a phone call, and did not contact Wang Anran, and the reply of the reception staff was: Mr. Wang is on vacation.

At this moment, Wang Anran is sitting in the CPU business department.

To stand up to the world's skepticism, we must first show strength.

Wang Anran decided that this time the toothpaste must be squeezed to satisfy the whole world, oh no, the whole world was shocked.

To do this, he plans to add hyper-threading technology to the newly designed CPU.

In 9102, it is no surprise that hyper-threading technology is no longer available, and both AMD and Intel have corresponding technical reserves.

The essence of hyper-threading technology is to simulate the CPU core into two cores in a hardware environment by adding transistors.

Just like a modern bookbinding factory, if the core binding machine cannot transport enough textbooks because of the assembly line, the performance of the core binding machine will be idle.

The solution to hyper-threading is to add another pipeline to your core, so that your core can run at full performance.

In the era of weak CPU performance, the performance of the CPU can be increased by about 35% by increasing the transistor by about 10% and increasing the hyper-threading ability.

In 1995, it was definitely a world-shaking existence, and Huaxin Technology would lay a godhead in the field of microprocessors in one fell swoop on this CPU.