Chapter 550 Resource Integration, Cross-Shareholding

Early January.

Xu Younian reached an agreement with the integrated circuit industry fund in Beijing, and the other party will invest in Bolong Optics with 02 special scientific research achievements and 5 billion yuan RMB, and obtain 20% of the equity of Bolong Optics.

At the same time, according to the agreement, the integrated circuit industry fund does not participate in the operation and management of the company and does not own the seat of the company's board of directors.

After this round of capital increase and share expansion, Dai Yuanjun's shares remain unchanged and remain 10% of the shares. The remaining three, Modu Institute of Optics and Machinery, Checheng Institute of Optics and Machinery, and Beijing State-owned Assets have a shareholding ratio of 8% each.

Huijia International Investment's stake in the company has become 46%, and it is still the company's largest shareholder.

Bolong Optical R&D and Production Base Project, with a total investment of 6 billion yuan, has started construction in Beijing Economic and Technological Development Zone.

The R&D team that integrated a number of forces immediately began to tackle the 65nm lithography machine exposure optical system.

Since Bolong Optics has mastered the exposure optics of 90nm lithography machines, it is easy to advance this technology to 65nm.

However, the future 45nm lithography machine exposure optical system is several orders of magnitude more difficult than 65nm.

It can be said that if the exposure optical system of the 45nm lithography machine is won, the subsequent 32nm and even 28nm will be very easy to develop.

This is a technical law, and it is difficult to break it for the time being.

At the same time, Bolong Optics also divided part of its technical strength and began to pre-develop the extreme violet exposure optical system. In the first phase of R & D funds, the company invested 1 billion yuan, first of all, to solve the problem of light source.

At present, Bolong Optics has concentrated the top talents in the field of precision optics in China, and has also inherited the technical research achievements in this field for so many years.

Hu Yang feels that the time is not far off for a domestic technological breakthrough in this field.

North America.

Xia Bing is still campaigning for Yang Chenglin's release, and a local trial has been held, but there is no clear result. In other words, for the time being, people will not be handed over to Lao Mei, but they will not be released immediately.

"Mr. Hu, the current situation is favorable to us. They simply can't produce convincing evidence, and the country has begun to put pressure on them. I expect that the second court session next week should have a clear result. ”

On the phone, Xia Bing expressed cautious optimism.

Since he could not leave the country, Yang Chenglin could only live in North America for the time being. The house was provided by an overseas Chinese, and the rent was of course paid by Charm Semiconductor.

It was an unexpected situation, but it was also a wake-up call for Huijia's executives.

Hu Yang demanded that the company's executives not travel alone to North America without approval. In particular, the technical and financial directors of the companies.

"Hard work, Mr. Xia. Now is the best time to do it. If they still refuse to release Mr. Yang before the end of the month, then it will be troublesome, and it is estimated that it will drag on for a long time. That's it, Mr. Xia, after the trial is over next week, you can come back. ”

It is impossible for Xia Bing to stay in North America all the time, and now that a team of lawyers has been hired to provide legal services for Yang Chenglin, Xia Bing and others can withdraw first.

"Okay, Mr. Hu. One more thing, Su Tingting called me, she and Ripper talked about it, and she asked if you would come to North America to sign the contract in person?"

Even Xia Bing knew that Su Tingting's question was a bit stupid.

Ruipo is only a subsidiary of Charm Semiconductor, and the scale is not large, how can Hu Yang be asked to sign the contract in person?

"Mr. Yan is in charge of this matter, so I won't interfere, right? Mr. Xia, pay more attention to safety and body outside, and when you come back, I will pick you up." ”

After Hu Yang hung up the phone, he shook his head slightly.

He didn't know what important things Su Tingting suddenly wanted to meet with him, but in today's situation, he would not easily go to North America unless it was necessary.

Lao Mei is crazy, what can't she do? It's better not to believe in the other party's discipline.

Late January.

Two big things happened.

One is that Bolong Optics has developed a 65nm lithography machine exposure optical system in one fell swoop.

When Hu Yang first received the news from Dai Yuanjun, he couldn't believe it, can you be a little faster?

But then Dai Yuanjun's explanation made him suddenly realize.

In fact, these domestic optomechanical institutes can fully support the advent of the 65nm lithography machine exposure optical system in terms of technical reserves. In the past, it was just working in silos, and it failed to form a convergence effect.

Now, Bolong Optics integrates the technical forces of these companies, and at the same time, the company also has 02 special scientific research results, and everything is a matter of course.

In this way, the happiest person must be Zhang Xiao.

Microelectronic devices have been unable to break through the 65nm lithography machine technology for a long time, and the key lies in the exposure optical system.

Now the technological breakthrough of Bolong Optics has made this difficulty no longer exist.

Zhang Xiao immediately placed an order for Bolong Optics, since he can't make it himself, it's not bad to be able to buy it back, anyway, it is the result of a domestic enterprise, and he is not afraid that there will be sequelae in the future.

High-end lithography machines are complex and don't have just one exposure optics. It also includes alignment systems, control systems, workbenches, and more.

Of course, the exposure optics composed of the light source and the objective lens are the most important.

In other words, Bolong Optics also has the ability to produce high-end lithography machines. However, there are still many problems that need to be solved in order to make a finished product.

Microelectronic devices have strong strength in the research and development of other systems.

Therefore, the combination of the two companies can make a 65nm lithography machine in a short period of time. However, it is difficult to say what will happen in the future, and perhaps a competitive pattern will be formed.

"Mr. Hu, this problem must be solved sooner or later, otherwise it will be a waste of resources. ”

Meng Rusong was about to return to the magic capital, and when he came to find Populus euphratica, he gave a suggestion.

"In the case of mergers and acquisitions, there may be some obstacles. ”

Hu Yang thought about it and vetoed the idea of mergers and acquisitions.

The actual controller of microelectronic equipment is a state-owned asset in the magic capital, and people may not be willing to give up the leading power of the enterprise.

In fact, it is the same, not that Hu Yang will not let go, but after the change of the controller of the enterprise, several optical and mechanical institutes and state-owned assets in Beijing may not be willing.

"Mr. Meng, you just want to go back to the magic capital, I'll go with you. ”

Soon it will be the traditional festival of the Chinese people, the Spring Festival. Hu Yang plans to take his family to the magic capital for the New Year, and by the way, discuss this issue with Zhang Xiao.

So, he asked Wu Xinhui to apply for a good route, and then took his parents and sister's family to the deep sea.

After Tian's father and mother spent New Year's Day in the deep sea, they returned to Jinling, so Tian Sichun would also go to the magic capital with Hu Yang.

Three days later, Hu Yang, his family and Meng Rusong arrived at the Modu Airport on the same plane.

The winter in the magic capital is actually not easy, and people have a clammy and cold feeling in the house. Unlike the north, such as the capital, there is heating in winter, and the house is still very hot.

Fortunately, the "old house" has installed a central air-conditioning system, and everyone can basically adapt to it.

"Sister, you have been walking around with your parents for the past two days, and I may not have time. If you need to buy anything at home during the Chinese New Year, tell Assistant Wu that she will arrange someone to do it. ”

Now there is still a period of time before the Chinese New Year, and Hu Yang has a lot of things to deal with, and the family affairs can only be worried about by her sister Hu Yue.

"Got it, you busy man. What you need to buy, with me and Chunchun, you don't have to care. In a few days, your brother-in-law will come, and he will help us too. ”

Brother-in-law Ge Hongbing is still in Yangcheng, he is now the director of the "White Angel Fund", and he lives a very fulfilling life.

Hu Yang smiled and nodded, and went to say hello to his parents, Tian Sichun and Xiaoxi, and then went out.

Now, the day after Hu Yang arrived in the magic capital, he rushed to the microelectronic equipment company early in the morning.

"Mr. Hu, after the New Year, our 65nm lithography machine can be put into production. Speaking of which, you still have a way to integrate the technical forces of the three major opto-mechanical institutes. ”

Zhang Xiao smiled happily, no matter what the future holds, after all, microelectronic devices will usher in a period of rapid development.

Bolong Optics has promised to supply the exposure optical system, and all the technical problems of the 65nm lithography machine have been solved, and it will definitely be on sale in the first half of this year.

Although the lithography machine is important, it is a very niche product, and there are only a few customers around the world.

At present, the main customers in China are Xintong International and Charm Semiconductor.

"Mr. Zhang, are you praising me? Actually, there is a coincidence in this matter, and it's really not that I have a big face. ”

Hu Yang smiled and shook his head, other people didn't know, but he knew it very well in his heart.

After becoming the owner of Bolong Optics, his negotiations with several major optical institutes were extremely smooth, and there was actually an invisible hand behind this to facilitate this matter.

Or would he happily agree to the investment of the "Integrated Circuit Industry Fund"?

Hu Yang knows very well that unless it is promoted at the national level, even if it is like himself or Zhang Xiao, it is not capable of integrating the technical strength of several major optical and mechanical institutes.

Anyway, as far as Populus Hu is concerned, he doesn't have much ambition, and he doesn't care that state-owned assets stand behind Bolong Optics.

In terms of state-owned assets, it is not suitable to stand in the front desk of Bolong Optics, so on the bright side, Hu Yang, the "semiconductor industry boss", stood up.

But there is no need to explain this matter to Zhang Xiao in too much detail, if you understand, you will naturally understand.

"Mr. Hu, in the short term, the cooperation between microelectronic equipment and Bolong Optics will definitely be no problem. However, it is difficult to say after a long time, and Bolong Optics will definitely make its own high-end lithography products in the future. ”

Zhang Xiao put away the smile on her face and told Hu Yang about her worries.

"It's inevitable, and there are some things that even I can't stop. I've been thinking about this problem in the last two days, homogeneous competition will greatly cause a waste of resources, but unfortunately I don't have a good way. ”

Hu Yang sighed, and did not say what he thought in his heart for the first time.

"I've discussed various options with the company's top management, and the best one is of course a merger and acquisition. However, I don't think the majority shareholders will agree. ”

Zhang Xiao seems to be taking precautions, but she has not yet found an effective method.

When it comes to this, Populus euphratica can no longer be hidden.

So he said:

"Dong Zhang, I have a new plan, you might as well listen to it. There are too many stakeholders involved in mergers and acquisitions between two enterprises, so who is the leading one? Therefore, excluding mergers and acquisitions, there is only one most suitable plan, and that is cross-shareholding. ”

Cross-shareholding allows the two companies to form a solid alliance of interests, and the two parties do not interfere with each other.

This is the best solution for now.

After listening to this, Zhang Xiao couldn't help but feel a light in his eyes.

"Mr. Hu, you have a good idea, come on, let's talk about it specifically......"

The two of them, who were very interested, sat down and discussed for a long time, and in the end they were both satisfied.

Mutual shareholding, non-interference, resource sharing, and consistent external ...... This is the unanimous principle reached by Hu Yang and Zhang Xiao after negotiations.

With this consensus, the specifics are easy to discuss.

However, before that, both sides have to communicate with their respective shareholders, and there are still certain variables whether it can be successful.

Back at the Pudong International Building, Hu Yang made a phone call to Xu Younian. He asked him to inform the directors that a board meeting would be held in Bolong Optics two days later, and that the "Integrated Circuit Industry Fund" and representatives of the two optical and mechanical institutes would attend the meeting.

Although the "Integrated Circuit Industry Fund" and the two optical and mechanical institutes did not have the right to vote, in line with the principle of mutual respect, Hu Yang still notified them to come to the meeting and listen to their ideas.

Zhang Xiao's side is simple, since the plan was proposed by Hu Yang, he naturally will not object. Then, Zhang Xiao only needs to convince the state-owned side of the magic capital.

Two days later.

The board meeting of Bolong Optics was held on time in the company.

The directors and representatives of the "Integrated Circuit Industry Fund", as well as the representatives of the Modu Institute of Optics and Mechanics and the Checheng Institute of Optics and Mechanics, have all arrived.

The three directors on Hu Yang's side are himself, Xu Younian and Wang Qingquan, and Xia Bing has given up her board seat to Beijing State-owned Assets, so she is no longer a director of the company.

"Hello directors and delegates. What we need to discuss today is the formation of a strategic alliance between the company and microelectronic devices, and the specific plan is cross-shareholding, and I invite you to speak. ”

The meeting was presided over by Xu Younian, chairman of the company, who threw out the topic and sat there waiting for everyone to speak.

Hu Yang can actually forcibly push this bill, after all, he has three of the five seats on the board of directors.

But it's not advisable, you have to get people to speak their minds and say what they think. If we can unify our understanding, that is the best result.

The first to speak was Dai Yuanjun.

"Chairman, directors, then I'll talk about it first. ”

Dai Yuanjun glanced at Populus Hu first, in fact, everyone in the company knew that the actual control of the enterprise was in the hands of Populus Hu.

Even if he doesn't have any position in the company, no one dares to ignore this big guy.

For the identity of "Emperor Taishang", Hu Yang does not like it. After Bolong Optics' production and business activities are on the right track, he will definitely resign as a director.

Otherwise, the chairman and CEO are all decorations, how can the company be well managed?