Chapter 642 Timing, Regret

"Li Qi's coming to microelectronics is not good news for us. Not to mention anything else, as soon as he came, he improved the treatment of technical backbones, and there were originally a few employees who said they were going to come to Bolong Optics, but later they changed their minds. ”

Zhang Xiao took advantage of the chaos inside the microelectronic equipment some time ago to bring in a group of technical backbones. However, since Li Qi took office, his task of digging the foot of the wall has been unsustainable.

"Mr. Zhang, there are already a lot of people here, we have to leave a breath for others. Don't forget, I still have 80 million shares in Microelectronics.

Next, we can no longer use these small means, if we want to acquire microelectronic equipment, we can only use the strength of the dignified to crush. ”

Hu Yang still hasn't said a word, and if it continues to be consumed, I'm afraid the city will come forward.

"Also, our Bolong optical technology is strong. If I hadn't thought about making a 45nm lithography machine as soon as possible, I wouldn't have made my appearance so ugly. ”

Zhang Xiao laughed at himself, his previous action of digging people was a bit big, and I heard that the city already had an opinion on him.

"Let's not mention the past, now let's do our own thing. Having said that, Li Qi has great ability, but the controlling party of the enterprise may not give full autonomy, and it is difficult for a clever woman to cook without rice, and it will not be successful. ”

Hu Yang can see through the essence of peak capital, they are used to capital operation, how can they calm down and invest a lot in technology?

Doing business requires a long accumulation process, and Summit Capital does not have this patience.

Director You also doesn't have the patience to do this, so there is basically no chance for microelectronic devices to turn over.

While the two were talking, Wu Xinhui knocked on the door and came in and said, "Mr. Hu, Mr. Yan has arrived." ”

After speaking, she flashed to the side, and Yan Hanzhang immediately walked into the room.

"Mr. Hu, Mr. Zhang, do you have something to do? Why don't I sit outside for a while. ”

"It's not a big deal, Mr. Yan, sit down. Mr. Hu, I'll leave first, the company still has something. ”

Zhang Xiao and Hu Yang said everything they should say, and it seemed that Yan Hanzhang had something to find Hu Yang, so he got up and said goodbye.

"Mr. Zhang, you go and get busy, I'll go to Bolong Optics to have a look when I'm free in the next two days. Assistant Wu, send Mr. Zhang for me.

Mr. Yan, let's go to the tea room and sit down......"

Hu Yang got up and watched Zhang Xiao leave, and then went to the tea room with Yan Hanzhang.

"Mr. Hu, are you preparing to stay in the magic capital?"

Wu Xinhui went out to give it off, and Mi Qi came over to help the two make tea. Yan Hanzhang picked up the teacup and held it in his hand and did not drink it, but carefully smelled the aroma of the tea leaves.

"Why am I here, you still don't know? I guess it's going to take a while, anyway, where I'm staying is not the same office?"

Populus euphratica is not in a hurry to return to the deep sea, the weather in the magic capital during this time is very good, neither cold nor hot, it can be regarded as the season of high and cool autumn.

"Haha, the main thing is that you're not in the deep sea, and I don't have a place to drink tea. Mr. Hu, this time Shengyi Electronics, Mingkang Communication, and Stubborn Stone Technology have all reduced their holdings of a small part of the shares of Charm Semiconductor, and if nothing else, the effect will be seen soon. ”

In fact, Huijia International Investment also reduced its stake in Charm Semiconductor. However, Yan Hanzhang didn't need to mention this matter in Hu Yang's face.

The effect of what he said was naturally that when everyone reduced their holdings, the market was still at a relatively high level, but now it has fallen a lot.

If the market enters a technical bear market in the future, whether the shareholders make up for the low level, or the company buys back shares and then cancels them, it is equivalent to everyone has a rich return.

About this, if it weren't for the reminder of Populus, they would have been hard to think of.

"Well, it's not a big deal, I just want everyone to enjoy the fun of a round of market, that's all. ”

Hu Yang smiled and waved his hand, as if he didn't want to discuss the issue.

His main business now is the semiconductor industry, and financial investment is just a side business. Gao Mingkang, Chen Jialin and others can follow themselves to make a little money and play, but they must not shift their attention to these aspects.

Yan Hanzhang is very good at observing words and feelings, and immediately changed the topic.

"Mr. Hu, during this period of time, the company's DRAM memory chips have developed rapidly. Our market share in the domestic market has increased to 23%, which greatly exceeds my expectations. ”

After rounds of suppression, especially this round of price wars, Charm Semiconductor has finally been reborn.

This change is happening from the inside out, as if it is reborn from the ashes, and the current strength of attractive semiconductors has been greatly increased.

"Well, I also saw the report of Charisma Semiconductor, and I was really excited. Our 32-layer stacking technology has left the opponent behind, and if the shortcomings of DRAM are made up, it will really not be afraid of anyone's suppression. ”

The development of Charm Semiconductor is more tortuous than the development of Xintong International.

However, from the perspective of development speed and technological progress, Charm Semiconductor is even stronger than Xintong International.

Don't forget, it is a miracle that Charm Semiconductor has experienced two rounds of suppression by a superpower, and now it is not only alive but also has achieved leapfrog development.

Of course, an important reason for this is that the semiconductor industry chain of Huijia has almost formed a closed loop. This is a powerful advantage, and it is also the core of the Huijia system that is difficult to defeat.

"Mr. Hu, our flash memory chips occupy almost half of the domestic market share. In the future, even a certain super may not suppress us easily, because it's useless!"

Yan Hanzhang was finally able to straighten his waist with his eyebrows raised, he had been angry a lot over the years.

"Well, it's good to have this kind of energy! But don't be careless, some people may have more lower limits than you think. ”

Hu Yang didn't say it too bluntly, he had a clear understanding of a certain super's style in his heart. There is a way that if people are cheap, they are invincible, and if people don't praise you, they will kill you.

For the time being, there's not much risk. Then in the next two years, Charm Semiconductor should work hard and continue to improve its strength.

For some people, it is useless for you to reason with him.

For some people, you can only understand him if you shout at him with your strength.

Yan Hanzhang nodded thoughtfully, there were still a lot of questions in his heart, but he didn't ask.

Now he has begun to have his own understanding of a certain super's style, at least his sense of crisis has improved a lot compared to before.

"By the way, Mr. Hu, is the microelectronic equipment going to be completely decoupled from us? Then will I give them some of the orders in my hand? Anyway, I don't want to give it. ”

The senior management of Huijia is very clear about the matter of microelectronic equipment, isn't it that there are arbitrage funds that take a fancy to the huge subsidies and the benefits brought by the company's listing?

As a result, Director You, who represents the major shareholder of the company, rejected the merger and reorganization plan proposed by Hu Yang together with Summit Capital, and resolutely decoupled from Bolong Optics.

For these things, Yan Hanzhang's heart was not very comfortable.

"Mr. Yan, you can consider who the order should be given to from the perspective of the interests of the enterprise, and don't say anything about being angry. ”

Hu Yang is not ready to use the order to card the neck of microelectronic equipment, and Bolong Optics has not begun to produce high-end lithography machines, and the exposure optical system still has to be sold.

As for the company being able to produce its own lithography machine in the future, that's another matter.

Yan Hanzhang also understood this truth, responded with a smile, and quickly stopped talking.

"Mr. Hu, I can stay in the magic capital for about three days this time, and then I have to go around the newly built factories everywhere. ”

Yan Hanzhang is a more diligent person at work, he doesn't like to sit in the office all the time, but is willing to go to the scene to solve problems when he is free.

After sitting here for a long time, Yan Hanzhang immediately got up and said goodbye.

There was nothing polite between Hu Yang and Yan Hanzhang, he came out of the tea room with the other party and returned to the office by himself.

Another week later, Yu Hongbo came to report to Hu Yang that the market had fallen below 4,000 points.

"How has the share price of microelectronics been performing lately?"

He doesn't care about other poplars, he just wants to know the stock price performance of microelectronic devices since they went public.

"Hey, the timing of the listing of microelectronic equipment is not good, it can be said that it was born at the wrong time, otherwise with its unique concept and good financial statements, it would not even rush to 100 yuan. As of yesterday's close, the share price of microelectronic devices was 61.22 yuan. ”

This price is about to hit the issue price soon, and to be honest, it is a bit miserable.

Microelectronics is not a company in a traditional industry, it is a real high-tech enterprise. The price-earnings ratio of high-tech companies is already high, and if it does not catch up with the peak of the broader market, it will not be possible to have such a small price.

Hu Yang calculated that Summit Capital invested 10 billion yuan at the beginning, and after listing, the other party's share in the company was 24.26%, and the actual shares held by the company were 101.4 million shares.

According to the current stock price, the market value of the shares held by Summit Capital in microelectronic equipment is more than 6 billion yuan, which is a lot of losses.

In fact, it is also to blame Wu Zunyou and others for their self-confidence, they feel that with their ability, they will definitely let the 100 billion yuan subsidy fall on the head of microelectronic equipment.

The result was very disappointing to them, and the subsidy was finally given to Bolong Optics.

But at this time, it was too late, microelectronic equipment has completed the capital increase and share expansion, and the 10 billion yuan of peak capital has been hit on the company's account.

Therefore, they all hoped that they could recover their losses after listing, but they did not expect to catch up with this wave of sharp decline.

"Old Yu, the stock price of microelectronic devices is almost the end, if there is no new negative news out. ”

Even Populus euphratica didn't expect the stock price of microelectronic devices to be so low, and the price of about 60 yuan is really the price of cabbage.

"Shall we buy some of it, then?"

Yu Hongbo was mainly unclear about the fundamentals of microelectronic equipment, and when he heard Hu Yang say this, he immediately became interested.

"It's not time yet, it's really time, let's not shoot directly, let's let Bolong Optics come." ”

It is not impossible to use the funds of Walkers International Investment or Walker Holdings. But Hu Yang's original intention was not to speculate in stocks, his ultimate goal was to let Bolong Optics acquire microelectronic equipment companies.

"Boss, is there any change in the fundamentals of microelectronic devices?"

Yu Hongbo was a little incomprehensible, since Hu Yang felt that this was the floor price, why did he say that it was not timely?

Hu Yang smiled and shook his head, some things can't be said so early, he just has a basic judgment, as for whether it will happen or not, it depends on what the other party will do next.

Microelectronic Devices Co., Ltd.

At this time, Li Qi, the new chairman, was holding a meeting of middle-level and above employees in the company's conference room.

The purpose of his meeting today is just to know one thing, that is, whether the company can rely on its own strength to take down the exposure optical system of high-end lithography machines.

"Li Dong, originally we also relied on ourselves to conquer the 90nm lithography machine. However, when developing the 65nm lithography machine, it encountered great difficulties and could not make a breakthrough.

Later, you all know, Bolong Optics provided us with an exposure optical system, and the company won the 65nm and 45nm lithography machines in one fell swoop.

What's more, the company lost a lot of talent during this time. Therefore, it is still relatively difficult for us to develop our own exposure optical system. ”

The company's technical director, this is quite tactful. But there is only one central meaning, that is, relying on the power of microelectronic equipment itself to break through the bottleneck of the exposure optical system, which is basically useless.

"What about increasing investment? I mean, on the one hand, we increase the investment in research and development, and on the other hand, actively introduce high-end talents, is it possible to make technological breakthroughs?"

Li Qi scratched his head, he felt that this matter was the top priority.

Although Bolong Optics is still supplying the company normally for the time being, what about a year later?

However, they claim to have broken through the technology of the lithography machine, and the mass production of the 45nm lithography machine can be achieved in one year at most.

At that time, the business scope of microelectronic equipment and Bolong Optics is highly overlapping, and supply interruption is a high probability event.

Therefore, Li Qi's heart was very anxious.

"I can't guarantee this, but after all, we have the foundation and technical reserves before, as long as we increase investment, there is still some hope. ”

The technical director carefully replied.

But this was enough for Li Qi, and he decided in his heart that the company should break through this technology as soon as possible, otherwise, sooner or later he would be stuck by others.

So, he presented the idea to the board of directors for discussion.

But the problem is that Summit Capital just wants to find an opportunity to pull up the company's stock price, and then it is ready to leave. How can they bother to engage in technology research and development?

Li Qi's bill failed to pass, which made him angry.

"Director You, since you transferred me, you have to give me some support in terms of management, right? You don't speak at the meeting, the company really has no future if it goes on like this. ”

He found Director You alone and almost wanted to curse.

"Dong Li, I understand your difficulties. But you also have to think about my difficulties, I just agreed with your idea, as long as Peak Capital opposes it, there is still no way to pass. ”

Director You really hates himself now, why was he so greedy in the first place, and he had to become a fat man in one bite?

Well, now that the subsidy has not arrived, the company's stock price is still so depressed after listing.