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 big on the surface, but he was meticulous in his work.

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

"Yes, the lawyers also said that the existing evidence is still favorable to Mr. Chen. Of course, it is not ordinarily difficult to completely overturn the accusations. If you plan to settle with the prosecution, the success rate is still very high. ”

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

It is precisely because Chen Jialin has established an internal isolation system that the secrets held by everyone are one-sided and unsystematic. Therefore, Chen Jialin has the capital to save himself this time.

According to the lawyer's speculation, the prosecution will retreat step by step, and Chan Ka Lam has 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 was better than letting Chen Jialin go to jail.

He and Chen Jialin are not short of money now, and after this incident, Hu Yang will ask Chen Jialin to get out of the fund. Don't let him engage in these famous halls anymore, just do a good job in the business honestly.

"The next court session will be three months away, and it is expected that it will be another protracted lawsuit. Boss, in the next month or two, in addition to paying attention to the lawsuits in North America, I am also going to do a national survey to investigate the supporting situation of our entire industrial chain. ”

There is a support team on the Xiangjiang side, and Elbe Semiconductor has also sent people to North America. In fact, Xia Bing only needs to keep his attention to these two things, and he doesn't need to spend all his energy on these two lawsuits.

"Okay! However, Mr. Xia, there are some things that you still have to cooperate with Mr. Mu. That day, you must have seen that Mr. Mu was dissatisfied with the current situation of Huijia Holdings. ”

At the beginning, Hu Yang set up Huijia Holdings and Huijia International Investment, with the original intention of one to focus on the domestic market and the other to focus on the international market.

However, after the withdrawal of Walkers International Investment from North America, there is a high degree of overlap between its business and Walker Holdings. Moreover, Huijia International Investment has obvious advantages in capital operation, mergers and acquisitions, etc., and Huijia Holdings has gradually become marginalized.

This is not a question of whether Populus euphratica is eccentric or not, but a matter of historical reasons.

Hu Yang is happy to see the healthy competition between his two investment companies. But now that the scales have tipped and he can't afford to ignore them.

"Boss, Mr. Mu complained to you? It's really a glass heart, and I can't stand the grievances at all. Okay, I get it, I'll avoid overly competing with them. ”

Xia Bing couldn't help but wonder, she and Mu Shaoqing had a good personal relationship, but when everyone had a dispute over work, she didn't care very much.

Hu Yang noticed that Xia Bing was talking about avoiding excessive competition, not avoiding competition. It shows that Xia Bing's heart is numerous, and this is also the answer that Hu Yang hopes to get.

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

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

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

"Zhang Dong, we haven't seen each other for a long time. You've always been nice?"

Zhang Rulin basically doesn't care about the affairs of Xintong International now, he resigned as chairman of Xintong International last year, and only hung 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 okay. In recent years, I have basically ignored the specific affairs of the company, and my health has been recuperating well.

Mr. Meng was very busy over there and couldn't leave, so I took the initiative to ask Ying to take a look. After all, it is a major matter related to production equipment, and it cannot be sloppy. ”

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

The production of chips involves a wide range of equipment including diffusion, lithography, etching, ion implantation, thin film growth, polishing, metallization, and other steps. Bypassing North America completely is not something that can be done overnight.

But there are some things that must be done. Otherwise, after the supply is completely cut off, you can't shut down the factory, right?

Mu Shaoqing heard Zhang Rulin's answer, and smiled knowingly: "Zhang Dong, then let's go in together." ”

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

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

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

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

Zhang Rulin did not shirk and accepted it very happily.

"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 senior 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 will work when they come out. As for the level of technology, of course, there is a big gap with the international giants.

Mr. Mu, we can't pick and choose now, it's a blessing to be able to replace it. However, in the afternoon, I will give them some more indicator requirements to reduce the impact on the company's yield rate as much as possible. ”

Zhang Rulin naturally doesn't look down on the technical level of Dingxin Technology, but he is right, in the absence of a choice, yes, it is better than nothing.

Meng Rusong also means this, and when the polishing pad of Dingxin Technology is made, Xintong International will participate in the testing of the product and put forward suggestions for improvement.

Then, Xintong International will purchase a part of Dingxin Technology's products.

Whether it is domestic substitution, or the gradual transfer of the supply chain to Europe and RB, it all requires a process and cannot be achieved 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 a company like Dingxin Technology.

Again, any product is 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.

Previously, the supply chain of the entire Huijia system (including Xintong International) was smooth. For the sake of the quality of the product, it is natural to go for the most technologically advanced equipment.

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

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

At present, the total assets of Dingxin Technology are only 65 million yuan, and they urgently need new capital injection. Without the funds, their upcoming first generation would have been stillborn, and the company would not have survived.

In the evening, Lin Baike, the founder of Dingxin Technology, the company's chairman and CEO, had to entertain Zhang Rulin and Mu Shaoqing.

"Mr. Lin, we are bothered a lot this time, so let me invite you. Don't rush to give in, listen to me."

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

At this time, I was really embarrassed to let the other party have a treat.

Mu Shaoqing paused, and then continued: "Mr. Lin, we already have a certain confidence in your technical level. Let's go, I'm in for a treat today, let's talk while eating. ”

Hearing the voice-over in Mu Shaoqing's words, Lin Baike felt that the financing and future sales were still very promising.

He suddenly didn't care about arguing with Mu Shaoqing about who would treat him, and came to the restaurant with Mu Shaoqing and Zhang Rulin.

Three days later, Zhang Rulin returned to the magic capital.

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

"Mr. Hu, we have reached a preliminary intention with Dingxin Technology. We will invest 100 million yuan in Dingxin Technology to obtain 49 shares of the other party, but only no more than 20 voting rights.

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

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

Therefore, when he came to report to Populus euphratica, he was a little apprehensive.

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

For an enterprise like Dingxin Technology, the R&D expenses in the early stage will be very high.

The entrepreneurial team has raised tens of millions of funds, and it has not persevered for two years, which is very revealing.

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

At present, the research and development of Dingxin Technology is nearing the end, and the next step will be to face production and sales, which is the time when a large amount of money is needed.

"So, what does Mr. Hu mean?"

Mu Shaoqing hesitated for a moment, he immediately thought of Huijia International Investment, isn't Xia Bing coming to pick peaches again?

The company doesn't have any rumors between Hu Yang and Xia Bing in private, after all, the two don't usually have much contact. But Populus Hu's preference for Xia Bing is obvious to all.

It's no wonder that Mu Shaoqing thinks more.

"Not what I meant, it's someone else's. The integrated circuit development fund is ready to support Dingxin Technology. They just said hello to me yesterday, and I've agreed. ”

Hu Yang smiled slightly, since Huijia is not ready to hold shares, then he doesn't care about one more shareholder involved.

Moreover, Hu Yang feels that he is leading the investment in this area, and other funds are participating, which should be a good model.

If you can share risks and improve the efficiency of the use of funds, why not?

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 direction of integrated circuit equipment and materials, and Dingxin Technology has just caught up with this train.

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

When Mu Shaoqing heard this, he subconsciously breathed a sigh of relief. may not even have noticed it himself, and in the process of competing with Xia Bing, he has a psychological shadow.

"Mr. Hu, of course I have no opinion, and I absolutely obey your decision. How much is the IC Development Fund ready to invest?"

Mu Shaoqing's heart moved, and then he remembered a key question.

Coincidentally, they are also ready to invest 100 million yuan. What I mean, if you go to Dingxin Technology again, the Integrated Circuit Development Fund will just send someone there, and the three of you will settle this matter as soon as possible. ”

With the tone set by Populus euphratica, the negotiations will not drag on for long.

Mu Shaoqing came to Dingxin Technology again and soon signed an agreement with the entrepreneurial team and the integrated circuit development fund.

According to this capital increase and share expansion agreement, Huijia Holdings and IC Development Fund (Phase II) will each invest 100 million yuan in Dingxin Technology.

After the end of this round of financing, the equity changes of Dingxin Technology are as follows: the shares of the entrepreneurial team are 27, and the shares of Huijia Holdings and Integrated Circuit Development Fund are 365.

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

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

In fact, the number of semiconductor-related SMEs invested by Huijia Holdings is very large. But the scale of investment is on the small side, and there are no big projects. This is also a piece of Mu Shaoqing's heart, relying only on these small projects, Huijia Holdings is not as good as Huijia International Investment.

Walkers International Investment is the opposite of Walkers Holdings. The number of projects they invest in is not much, far less than that of Huijia Holdings.

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

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

Huijia Holdings has long been left behind.

In the eyes of Hu Yang, the palms and backs of his hands are full of meat, and he is happy to make money. But Mu Shaoqing and Xia Bing wouldn't think so, after all, they are under the same banner of the Huijia family, and they still have the interests of small groups, right?

Therefore, after Mu Shaoqing completed the investment in Dingxin Technology, he went to many places non-stop and signed investment agreements with more than 20 enterprises.

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

And Xia Bing, who went around the country, returned to the deep sea empty-handed.