Because of the negotiation of the movie "Bloody Battle of Taierzhuang", Li Xuan returned to Hong Kong a few days later than others. But shortly after he returned to Hong Kong, he received not-so-good news.

Previously, Dongfang Semiconductor Company had already negotiated with Taiwan's United Microelectronics Co., Ltd., and would invest in UMC in the form of cash and technology to obtain about 30% of the latter's equity. UMC is the only semiconductor company in Taiwan with an independent wafer fab other than Dongfang Semiconductor.

If Dongfang Semiconductor can successfully take a stake in UMC, it means that it can almost completely control the entire upstream of Taiwan's semiconductor industry. Since UMC spun off from ITRI in 1980, it has become a self-financing commercial entity. Although UMC has grown rapidly in recent years, its thirst for capital has never been sufficiently satisfied.

The wafer industry is an industry that is changing rapidly and the competition is extremely fierce. A wafer fab built with an investment of tens of millions of dollars will lose its technical competitiveness in just four or five years and need to be continuously updated. The investment in building a new generation of fabs will become even higher, and this cycle is like a bottomless pit, constantly eating away at the profits of semiconductor companies. Those companies that can't keep up with the pace will soon be marginalized by the market, or even go bankrupt and eliminated!

Even Li Xuan, the world's richest man, under Zhang Zhongmou's strategy of rapid expansion of Dongfang Semiconductor Company, gradually felt overwhelmed in terms of funds, and could only accept other new investors to continue to inject capital into it.

Li Xuan's current stake in Dongfang Semiconductor has been gradually diluted to only 48%, which is among all subsidiaries of Dongfang Group. The first company to lose an absolute controlling stake. But Li Xuan does not need to worry about losing control of Dongfang Semiconductor, because the shares of other shareholders are more dispersed.

The second largest shareholder is Sequoia Capital, a well-known venture capital firm in Silicon Valley. Their shareholding is only 9.8 percent, which is not enough to challenge Li Xuan! Not to mention the 75 percent of Dongfang Semiconductor's orders. All come from Li Xuan's Eastern system.

If Zhang Zhongmou really didn't know the current affairs, Li Xuan could easily persuade the other shareholders of Dongfang Semiconductor Company to knock him and his management team out of office by relying on the orders in his hand. Of course, that was just a last resort, at least now the relationship between Li Xuan and Zhang Zhongmou is still very good!

After five years of development and accumulation, Taiwan's UMC is not satisfied with the low-end semiconductor business. They want to be able to enter the more lucrative mid-to-high-end chip market, which requires investment in more advanced fabs. And UMC is both financially and technically. There are still big shortcomings.

At this time, Dongfang Semiconductor Company extended an olive branch to it, so the two sides soon began to negotiate the matter of shareholding! Originally, both sides had already discussed most important issues, and only some side clauses remained.

At this time, UMC suddenly made waves, and it was said that the major shareholder had coordinated a loan from a banking institution. Therefore, they are ready to decline the financial support of Dongfang Semiconductor and want to renegotiate the shareholding ratio.

For UMC today, the thirst for money is definitely the more the merrier. Therefore, without a special reason, UMC would not have been able to reverse the agreement that had been negotiated between the two companies because of an additional loan.

You must know that UMC was originally the weaker party in the negotiations, and at this time it suddenly became tougher. There must be a greater force behind it. After patient inquiry by Dongfang Semiconductor, UMC's negotiators finally confided in some information.

They were pressured by Taiwanese officials to slow down negotiations with Dongfang Semiconductor. In recent years, Dongfang Semiconductor has built a number of new wafer factories in Taiwan. The cumulative investment is up to hundreds of millions of dollars. Moreover, it is also cloaked in the cloak of American capital, and has always been one of the most courteous enterprises of the Taiwan authorities, and it is impossible to offend the government at all.

So Zhang Zhongmou personally flew from San Francisco to Taipei. After clearing some connections, it was learned that the order came directly from the Executive Yuan. And the people who offended the Taiwan authorities were not Zhang Zhongmou and Dongfang Semiconductor Company. It's Li Xuan and Asia Satellite TV who are far away in Hong Kong.

"Zhongmou, this time it's really my trouble. But it doesn't matter. I'll get rid of it soon! You spend some time with UMC first, they don't have our technical support, unless they go to the United States or Japan again to find a new partner! The price offered by the Japanese and American companies must be higher than ours, and UMC should be more uncomfortable than us at this time!" Li Xuan reassured Zhang Zhongmou, who had specially flown to Hong Kong to report.

Earlier, ATV broadcast live the military parade marking the 35 th anniversary of the founding of the People's Republic of China, which caused a sensation in Hong Kong society! The majestic and mighty military parade won praise and praise throughout Hong Kong, and also made many people change some of their prejudices against the mainland.

Hong Kong has always been an important battlefield for cross-strait confrontations across the Taiwan Strait, and the Taiwan side is naturally reluctant to let the mainland dominate the United States, so it hopes that ATV will also be able to broadcast this year's Double 10 celebration in Taipei.

Hong Kong has already decided to return to the mainland in 1997, and the mouthpiece of the Kuomintang, which is funded by the He family, is preparing to cease publication, and Huang Xizhao and Zhou Liang Shuyi will naturally not agree unless their heads are caught in the door.

From Taiwan's point of view, Asia Satellite TV and the "God of Wealth" Mr. Li behind him seem to be gradually showing a tendency to be bought by the Communist Party. And Li Xuan, who has been continuously elected as the "richest man in the world", not only has a wide reputation all over the world, but also has a huge influence among Chinese people around the world.

According to a questionnaire survey conducted by a number of Chinese newspapers and periodicals in the United States, Li Xuan has overtaken Bruce Lee and become a new iconic figure representing ethnic Chinese in the hearts of Americans! The Taiwan side naturally does not want such an important figure to be given the United Front by the mainland.

At that time, the strategy formulated by the Taiwan side against Li Xuan was not to blindly curry favor and acquiesce, but to prepare to pull and fight. Li Xuan has a major investment in Taiwan, and it is necessary to let him know that these businesses can only be unimpeded if they are under the protection of the Taiwan authorities.

But this kind of suppression can't be too excessive and too obvious, if Li Xuan tears his face directly, it will be worth the loss. It just so happened that Dongfang Semiconductor and UMC were negotiating for a shareholding, so the relevant parties put pressure on UMC to delay the negotiation process.

On the other hand, Taiwan Television, the largest state-owned television station in Taiwan and Gulf, sent a high-level delegation headed by the director of the television station to Hong Kong to conduct business exchanges with Asia Satellite TV. (To be continued......)