Leaving here, Luo Sheng and several technical leaders came to a conference room in the cubicle to discuss again.

A technical representative from a partner said: "Obtaining light with a wavelength of 13.5 nm is an important step in achieving EUV lithography, and the laser plasma EUV light source has become the most promising high-power light source solution for EUV lithography due to its power scalability. ”

"However, there are two major reasons for the delay of the schedule, one is that the required light source power cannot meet the working power requirement of 250 watts for the time being, and the other is that the optical lens and mirror system have extremely high requirements for optical accuracy, which is extremely difficult to produce, and it is difficult to support huge research and development costs."

Hearing this, Luo Sheng smiled, it turned out that there was a difficulty, and this difficulty pointed directly to the problem of small money.

Luo Sheng said with a smile: "These two reasons can be attributed to one reason, the reason for money, you just say that you are short of money, I have smashed hundreds of billions on the lithography machine, I don't care about the tens of billions of dollars behind, I can solve the problem, I will not be stingy with a hundred billion dollars, as long as you don't cheat me out of my money like Pengxing Precision." ”

Everyone couldn't help laughing lowly, and the friend said again and again with a little embarrassment but elegance: "Mr. Luo said that he was laughing, Pengxing Precision was not right, and he was even more short-sighted when he ate inside and out. ”

Luo Sheng nodded: "That's good, everyone, if anyone else is short of money, let's just say it, solve it together, I don't believe that only one family has difficulties." ”

Everyone was embarrassed.

It is no exaggeration to say that the Cote d'Azur and Shengfeng Capital have really supported almost all the costs of lithography machine research and development in the past five years, and more than 600 billion research and development funds have been burned.

Without the foundation of the family fund there, I really don't dare to play like this.

However, Luo Sheng's money is not given in vain, but in the form of long-term value investment to complete the remittance of funds, in the future, most of the companies of friendly business partners will be listed in the big A, and Shengfeng Capital can choose to hold or sell.

Luo Sheng has said this, and the major friends and business partners who have difficulties are not hypocritical, so they have told all their difficult things.

The result was exactly the same as Luo Sheng expected, a problem of money.

It's just that the problem of money is not a big problem in Luo Sheng, and it is not even a problem, it is naturally given, and it has already invested so much, and the total financing amount this time is about 60 billion yuan, which is not a lot but not small.

The Cote d'Azur contributed 70% of it, and Shengfeng Capital contributed the remaining proportion, the reason is that the latter's money is now in the big A layout, and it also borrowed a sum of money from the Cote d'Azur to ensure its own liquidity.

After the meeting, Luo Sheng came to the dust-free studio again, explored the working environment, and then summoned the person in charge and instructed: "It should be noted that the extreme ultraviolet lithography machine needs to press the light to such a short wavelength, which requires extremely high energy to ensure that there are no leaks in the power supply, as well as safety issues." ”

"Understood, Mr. Luo, please rest assured."

In order to increase production capacity, higher power requirements are required to continuously increase the power of the light source to increase the cycle time of exposure.

Therefore, the extremely low energy conversion rate of the lithography machine leads to extremely high power consumption, and the only way to do miracles can be achieved with extreme power consumption.

In addition to expensive parts and complex technology, the extreme ultraviolet lithography equipment also has a very high power consumption capacity.

First of all, to obtain such high-power extreme ultraviolet light, ultra-powerful lasers are required.

Such lasers generate a lot of heat when they work, which requires an excellent cooling system to ensure the proper operation of the equipment, which in turn consumes a lot of electricity.

Secondly, when correcting the forward direction of light, each reflection will still lose about three layers of energy, through more than a dozen mirrors, the light will be guided from the light source all the way to the wafer, and finally only about 2% of the light will remain, and the absorbed energy must be cooled by a high-power heat dissipation system.

In terms of investment in the technology research and development of extreme ultraviolet lithography equipment, Luo Sheng is three or four times more than the competitor ASML, which is also a helpless thing, where is the foundation of ASML technology, and Luo Sheng is almost starting from scratch.

Another reason is that ASML's three major customers, Samsung, Tsmc and Intel, have jointly invested 5.259 billion euros in the research and development of EUV lithography machines.

And Luo Sheng can only pay for it himself, as for the group of teammates, they all lost money in the early stage, and even cheated money.

But in any case, it took more than 100 billion US dollars to spend five years, and it is a huge victory to not be monopolized by foreigners in the field of lithography machines, and it is no longer lagging behind ASML in the gear of extreme ultraviolet lithography machines.

In the follow-up technology development, Luo Sheng is confident that ASML will catch up, to equalize, and then to surpass.

……

Tea time.

Luo Sheng has been busy with technology research and development issues in the past few days, but technology and capital are closely related, so he also maintains a focus on the capital market.

At this moment, on the sofa in the large living room of the Science and Technology Complex Building, Luo Sheng crossed his legs to watch the news of the financial news channel.

[This station has just received the news that on Monday, June 15, the three major stock indexes of this round of market opened high and then fluctuated lower, and the market dived from 5892 points to approach the 5000 point mark in the afternoon, and the gem lost 4000 points, 3900 points, and 3800 points. 】

[From the perspective of the disk, the weighted sectors such as banking, insurance, and the oil industry led the decline in the two cities, and the collective extinguishment of Internet finance, cultural media, network security and other theme stocks led to a sharp decline in the ChiNext index. 】

[For the sharp fall on the first trading day of this week, most investors in the market believe that this is a normal pullback after the market rises sharply......]

Hearing what the TV news said about the normal pullback, the thoughts of market investors made Luo Sheng feel that their sense of risk control had disappeared, and at this time, An Qingxue walked by in his sight, doing the work of a private life assistant.

Luo Sheng locked his eyes on her and said, "Qingxue, I remember that you seem to be also doing investment and financial management, right?" ”

An Qingxue didn't know why he asked his personal question, but he nodded without concealment: "Well, after buying a house in Shencheng, I didn't know what to do with the idle funds in my hand, so I bought some fund products and a small number of stocks, and I was content to outperform the inflation rate." ”

Qingxue Mei's so-called idle funds are not worth mentioning to Luo Sheng, but it is not a small amount for her, she has to save for several years, accounting for about 40% of her personal assets, with more than 4 million yuan, which is her principal, and now this money has brought her about 70% of the book profit.

"According to the time you entered the market, you should have made a lot of money, and there is still half an hour to close, put down the work in your hand to sell all the funds and stocks you bought, and then buy all the shares of Azure Pure Electric Vehicle Company in a month or so to continue to hold." Luo Sheng said, and continued to pay attention to the TV news after speaking.

Luo Sheng just pointed out the operation ideas to her by the way, this Nizi has followed her diligently for so many years, and most of the money she earned has evaporated into the stock market.

"Okay, I'll listen to Brother Luo."

An Qingxue was puzzled, but she had no doubt about Luo Sheng's words, believing that he said to himself that the stock market would definitely plummet, and the stock of Azure Pure Electric Vehicle Company would rise sharply.

Even in the last half hour of today's trading day, all the funds and stocks held were sold, and the total holding principal + holding income was about 7.8 million yuan.

As time went by, after the stock market trend in the next month or so, Qingxue Meishi was extremely grateful to Luo Sheng for his guidance.

……

Tuesday's opening continued to fall sharply, and Wednesday's opening rose slightly, which relieved market investors who had some mood swings, thinking that it should be a correction and shock, and it will rise soon.

However, it backfired, and the market continued to fall sharply on Thursday and Friday.

In the past five trading days, the Shanghai Composite Index plummeted by 14.68%, the Shenzhen Composite Index plummeted by 14.32%, and the ChiNext Index plummeted by 16.79%.

In terms of sectors, the weighted sector has become the main force of the week's decline, dealing a heavy blow to market sentiment and confidence, and panic has finally begun to spread in the market, and many retail investors hope that the CSRC can take some measures to curb this crazy downward trend.

However, the CSRC has not made any direct statement, and analysts believe that the current market correction is still within reasonable ranges, and some retail investors believe these analysts' claims.

And then......

In the second week, the Dragon Boat Festival was closed for three days, the market was closed on Monday, and the two trading days rebounded on Tuesday and Wednesday, but the three major indexes began to plummet again on Thursday, and the scene of 100 shares falling to the limit reappeared.

And to the last trading day of the week the trend is finally desperate, in this "Black Friday" once again staged a picture of thousands of shares falling to the limit, more than 2,000 stocks in the two cities fell to the limit, and the entire capital market wailed.

The critical situation of the stock market, the national team finally began to save the market, and on the 27th, Yangxing implemented a targeted RRR cut, and many shareholders who were trapped were moved to tears.

And Wang Xin led his tour capital team to immediately turn the bow of the ship and did not form an alliance with the national team that rescued the city, and the long-short battle was white-hot as soon as it began.

But the market has not yet bottomed out, the fourth week of the big A continued to plummet, the trend can be described as thrilling, in this battlefield without gunpowder, the long-short duel is tragic enough to be recorded in the history of China's capital market and market economy.

On Monday of this week, boosted by a lot of good news at the end of last week, the Shanghai Composite Index opened 8.81% higher, with the intention of protecting the market by pulling up bank stocks and two barrels of oil, but the bears continued to wreak havoc in the small and medium-sized entrepreneurial stocks and stock index futures market, and the 500 futures index, which once opened nearly 9% higher in the intraday, finally fell only 9.78%, coming to a "∧" trend.

The Shanghai Composite Index closed up 3% after hours, but more than 1,000 stocks opened with a limit and closed down, and investors were deeply disappointed with the results of the bailout.

The market continued to decline at the opening of Tuesday, while the national team's bailout funds still only pulled blue chips, and the ChiNext index almost fell to the limit, falling into a full-scale liquidity crisis.

In order to protect themselves, more than half of the listed companies in the two cities were forced to suspend trading.

The downward trend continued on Wednesday, with 1,450 stocks falling in addition to 1,500 companies suspended in the two cities.

At the opening of Thursday's trading session, a thousand-share drop limit was staged, which was simply the darkest moment.

But then the index counterattacked across the board, many small-capitalization stocks were pulled up, the market successfully regained 3,800 points, and the Shanghai Composite Index closed up 6.75% after hours, with more than 1,000 stocks in the two cities.

At the same time, the state began to crack down on illegal and criminal activities in the securities and futures market on a large scale offline, and groups of people were imprisoned.

The three major indexes continued to rise on Friday, with the Shanghai Composite Index closing up 5.45% after hours, with 1,357 stocks in the two cities rising to the limit, and the sector collectively floating red.

The trend of the big A's plunge has finally been reversed.

In the following week, Big A bid farewell to the continuous surge and plunge of the ECG trend and gradually stabilized.

Just when people thought that the stock market crash had subsided, the sixth week ushered in a second wave of plunge, due to a variety of negative news, especially the impact of the national team's "bailout exit plan".

In this week, the market index plummeted by more than 1,000 points from 4,000 points, a decline of about 32%, and the market fell to 2,720 points.

At this time, the national team left, the securities company was already lying on its stomach, and the small retail shareholders were almost desperate.

But in fact, there is still a force to be reckoned with, and only three layers of power have been used during this time.

That is Shengfeng Capital.

With 2.75 trillion leveraged funds in his hand, in fact, the funds that can be mobilized have exceeded 3 trillion, Wang Xin's tour capital team has won a huge amount during this time, making a profit of more than 50 billion, plus six times the leverage ratio is 600 billion capital scale, which dragged QIFF into the water by the way.

In other words, Shengfeng Capital still has 2.1 trillion liquidity in the bullet reserves in its hands.

On Tuesday, August 25, the opening continued to plummet, and the market seemed to be about to dive towards the 2600-point mark.

……

Chinese Net