Over the next few days, the price of gold hovered back and forth around $1,000. After Zhang Yujing saw Zhou Shi, he walked out with a smile on his face, and the financial media reporters who were blocked outside took a straight shot. As for why there are reporters so coincidental, hehe, the person who asked this question is obviously a bit stupid. Gao Xiqing of Huatou also flew over to find Zhou Shi, and the official mansion of the Demon Capital also found Zhou Shi to appease him.

Under the threat of a merger between Chartered Semiconductor and SMIC, Zhang Yujing and Zhang Zhongmou put aside their grievances and agreed on a series of cooperation.

First, TSMC has a stake in SMIC, with a shareholding ratio of not less than 10% and no more than 20%.

Second, TSMC transferred 45nm technology to SMIC and helped SMIC complete mass production. And it does not prevent some of TSMC's limited employees from working at SMIC, including Jiang Shangyi.

Third, during the cooperation between the two parties, SMIC shall not have any form of cooperation with the licensed semiconductors, and after the completion of TSMC's commitment, the shareholding ratio of Sixiang Fund shall not be higher than 20%.

Fourth......

Many agreements are basically cooperation between the two sides, hello, hello, everyone, Sixiang Fund, and licensed semiconductors all have to get out.

Zhou Shi and the Sixiang Fund are in the middle, and they don't get any benefits, yes, they don't get any benefits. However, the domestic semiconductor foundry industry can take the opportunity to develop rapidly. The reason why TSMC agreed to such conditions is also to see huge orders from companies such as Spreadtrum, as well as the strong strength of licensed semiconductors. If the two sides can be combined, coupled with the support of the mainland government, even if the technology is not so advanced, it can definitely threaten the development of TSMC, and a large part of the mainland's chip orders will be transferred to licensed semiconductors. Under the condition of neither soft nor hard, after TSMC entered the board of directors of SMIC, it basically put an end to the merger between him and Chartered Semiconductor.

Of course, if this matter is to be promoted, there will be many problems to be solved, such as a $1 billion loan, such as the equity of the Four Elephants Fund. In any case, they would prefer to let SMIC operate independently than SMIC's licensed semiconductor merger, even if it is not the best option.

In any case, such a complex operation involves many aspects, and only a limited number of people know about it for secrecy, such as the number one leader in the magic capital and so on. There are many reasons for Zhou Shi to do this, two independent semiconductor foundry companies, their respective advantages are difficult to integrate, the long-term operating pressure is too great, and the consumption of resources is too great, including capital, technology, contract procurement and so on. In addition, SMIC is equivalent to a signboard in China, and Sixiang Fund will have many difficulties if it really wants to fully control it. Even with Zhou Shi, the company's internal administrative participation is getting stronger and stronger. It is said that a senior executive in the system may have to be transferred to replace Zhang Yujing.

The good thing is that the financial pressure will be much smaller in the future, and the operation of its subsidiaries will be more flexible, and whether to cooperate with SMIC depends on its own needs rather than SMIC's needs. On the bad side, the image of the Four Elephants Fund has also become complicated.

Of course, most of the benefits are in SMIC itself, for which Zhou Shi also sought his own interests, such as allowing Guoke to join the Huaxia Enterprise Pavilion at the 2010 Modu World Expo, for example, allowing Sixiang Fund to have greater flexibility, and allowing Modu Securities to issue public funds. As for whether it can be won or not, it still depends on the attitude of the above.

Sixiang Fund owns more than 30% of the shares, and it is not easy to exit, and there is a debt of 1 billion US dollars, which is close to debt, and the interest is not high, but there are many conditions, which are beneficial to Sixiang Fund. How to withdraw is also a trouble, no matter how generous Zhou Shi is, he will not agree to hold it for a long time, so the choice of the receiver is very important.

"What is the opinion of the Demon Capital Mansion?" Zhou Shi

"Now that there is more money in the market, of course they want to buy Hu Zu Niu with cash

"What do you think?" Zhou Shi

"SMIC's foundation has been solidified by us, and with the addition of TSMC, the future will definitely be better, and now the stock price is at a low point, and if we want cash, we will suffer too much. "Hu Zuniu is very optimistic about the development of SMIC

"Can we exchange shares with the State-owned Assets Supervision and Administration Commission of the Magic Capital?" Zhou Shi

"This seems to be very difficult!" said Hu Zuniu

"Then mention to them, we want Lao Fengxiang's shares for SMIC's shares!" Zhou Shi

"Old Fengxiang, why?" Hu Zuniu

"Don't you think that the domestic luxury market is full of foreign goods, I want to create a domestic high-end luxury brand. I think so, many of our companies, the proportion of design will be larger and larger, and design in the high-end luxury industry also occupies a key position, whether it is traditional skills or modern design, we must have our own things, so I think of Lao Fengxiang. Anyway, the domestic consumption level is getting higher and higher, and the consumption of gold jewelry, jewelry and diamonds will also be more and more. "Zhou Shi

"I just took a look, Lao Fengxiang's stock has reached the high point of 07, and now the price is a little high!" Hu Zuniu

"This is not right, we buy an overvalued asset at a premium, which is much easier!" Zhou Shi was picky when he bought Huiyuan juice, and at this time he didn't think of the question of whether it was worth it, which shows that sometimes it is easy to misjudge if there is prejudice in his heart.

"Do you really want Lao Fengxiang?" Hu Zuniu

"I want it? Isn't this the money from the Four Elephants Fund?" Zhou Shi asked

"I've checked, and the billions of dollars you entrusted to the Four Elephants Fund to take care of. Hu Zuniu said without being salty.

"Damn, you checked carefully, whether I embezzled public funds, don't accidentally break the law when the time comes, and leave a handle for others. Zhou Shi was not happy at all when he heard it, his early funds came too quickly, maybe there would be many loopholes in it.

"Probably not, but I don't know the situation on the side of Galaxy Capital. Hu Zuniu said cautiously

"Over there, I seem to have been throwing money into it, and later they took the initiative to deal with the money sent to me. "Zhou Shi

"Well, that's still a bit complicated, and I think you should put a lot of thought into it, because if something goes wrong, the impact will be very big. "Hu Zuniu

"I'm going to a private bank in Switzerland to do statistics for me?" Zhou Shi

"There's no need, East West Bank can have private banking" Hu Zuniu looked at this sometimes shrewd, sometimes mentally retarded child and was a little speechless. Sixiang Fund is about to reach an acquisition agreement with AIA, and his companies are about to complete the layout of the entire financial industry chain, but they are still so ignorant. Let others take care of his wealth, how can outsiders believe in the strength and ability of Galaxy Capital and Sixiang Fund?

"Then you can only find an accountant!" Zhou Shi

The world of wealth is full of pits, Zhou Shi has to be cautious, he can go on a rampage at the beginning, but the problems accumulated during this period cannot be ignored.

(End of chapter)