Chapter 346: Strong Injection
In fact, in the process of development, ZTE has not paid attention to the problem of chips being monopolized by the United States, but the development of chips is a considerable process, and it is not something that can be studied by a company or a few scientific and technological workers in two or three days.
Of course, the Blue Star Group is an absolute exception.
Li Ming asked a rather classic question: "Mr. Liu, with all due respect, do you know how much the output value of telecom base station chips is?" It is not an exaggeration to say that trillions of dollars, since Bluestar Group has this technology, why has it not developed related products? ”
Liu Jiangfeng once again turned into a chat terminator, "Because no company asks us for it." ”
Li Ming also brought relevant technical personnel with him this time, and at Liu Jiangfeng's suggestion, ZTE people did not have to return to the company's headquarters to conduct technical tests, but directly tested the capabilities of the chips at the headquarters of Bluestar.
One day, Li Ming's team came to the conclusion that the communication chip capacity of Bluestar Group is more than five times that of the same products in the United States, don't underestimate five times, it is enough to greatly improve the communication quality, and the 5G communication test carried out on this basis is also quite stable, and the network speed is three times faster than the 5G standard speed formulated by Huawei in the laboratory, which can make communication advance the 5G era!
Li Ming looked at this small chip and completely relieved himself, it was worth it for so many days.
Liu Jiangfeng admonished Li Ming and said: "ZTE should have adjusted its operation strategy for so many years, technology is never begging, and the truth is only reliable in its own hands." ”
Li Ming looked at Liu Jiangfeng, and there would be some insights in his heart.
The rise of Bluestar Group in just three or four years is not accidental, but relying on its own unique core technology.
Under Chen Nuo's instructions, Bluestar Group began to discuss cooperation with ZTE.
At present, the R&D and production of base station chips are not the key tasks of Bluestar Group, so Bluestar Group will not participate in chip production.
"Bluestar Group is willing to inject 500 million RMB into ZTE, occupy 2% of your company's shares, and provide you with chip production technology. ZTE has set up a special subsidiary to produce base station chips according to the technology we provide, and supply them to similar communication companies, including ZTE. ”
500 million RMB and technology will occupy 2% of the shares, and the chips produced can also be purchased by other communication companies in Huaguo.
If this condition was put in the past, Li Ming would not have thought about it, and just slammed the door and left.
ZTE's market value is about 100 billion RMB, and Bluestar Group wants to occupy 2% of the shares for 500 million, which is a hooligan.
But the reality is very momentary, ZTE still has 10 billion overseas base station orders in its hands, and there are no chips.
If today's cooperation cannot be talked about as a success, as soon as ZTE's stock market in Xiangjiang City opens next week, there will be no tens of billions of dollars in the number of falling limits.
In the next month, there is no alternative chip, default is a sure thing, like this, not to mention the market value of 100 billion, whether 50 billion can be kept is a big problem, so from this point of view, Bluestar Group is not a hooligan, it is a real send-off.
As the company's CEO and executive chairman, Li Ming must be responsible for ZTE.
Liu Jiangfeng looked at Li Ming, who was doing a fierce ideological struggle, and was willing to give him a little time, the chip technology of the base station is a lifesaver for ZTE, but it is something that Bluestar Group can do at hand.
The disparity in strength between companies is obvious.
After a long while, Li Mingcai said: "I need to hold a video board meeting and report to the management before I can make a decision. ”
"No problem, the Blue Star Hotel has prepared a resting room for you and your team."
ZTE has a state-owned holding, so Li Ming is the chairman, but many things have to be reported to the higher authorities. Especially about equity transactions.
Today is Saturday, and the day after tomorrow is Monday, when the stock market opens.
The emergency suspension deadline for ZTE to apply to the Xiangjiang Securities Regulatory Commission is also coming, in order to minimize the company's losses.
After Li Ming returned to the hotel, he urgently convened a video board of directors to discuss cooperation with Bluestar Group.
……
Xiangjiang City has always been the first pass for foreign capital to enter China, before the opening of the market on Monday morning, the capital of Huawei Street followed the sanctions imposed by the United States on ZTE and many traders with British backgrounds in Xiangjiang are ready to make air shares and profit from them. What's more, it hopes to use this opportunity to directly crush one of the largest communication equipment companies in China, so as to seize ZTE's equipment market abroad.
As soon as the market opened in the morning, ZTE naturally fell directly, and the number of sellers reached as many as 5 million.
Huaguo investors look at ZTE's situation and know that ZTE is finished.
The online edition of the Wall Street Journal published an article at the time - "The Huge Communications Empire Collapses".
The article directly concludes the coffin of ZTE, and ZTE is finished if it does not find a replacement chip, and the huge compensation for breach of contract will overwhelm it.
Some retail investors, however, are still hopeful, hoping that ZTE will make a statement or the state will come out and say a few words.
But the absolute majority of investors still follow the trend to sell, very afraid that they will not be able to sell this time, and they will stand on the hill just now in the future.
At the same time, ZTE Europe's customers can't wait to ask about the order compensation, which looks quite ugly.
At half past ten in the morning, the headquarters of Jiangcheng Bluestar Group.
Li Ming's eyes were red, he stayed up all night for three consecutive nights, and finally completed the final details of the negotiation with the Blue Star Group, and he signed the agreement between the two parties, and then he was relieved.
Liu Jiangfeng got up and shook hands with Li Ming and said: "I wish us a happy cooperation, and I also wish Huaguo's technology companies can get out of the predicament together." As a gift of cooperation, we have a batch of base station chips that have been produced, and you can use them for the production of orders right away. ”
"Really?" Li Ming was overjoyed, Bluestar Group is really popular for doing business!
Liu Jiangfeng pointed to the big screen and said, "Don't be in a hurry to be happy, the morning will be over soon." ”
Li Ming nodded, directly in the conference room connected to the video of ZTE headquarters, in the video he directly announced that the two sides reached a cooperation agreement, the base station chip produced by Bluestar Group can fully meet the needs of ZTE equipment, and at the same time, in the agreement, ZTE will produce its own base station and other communication chips in accordance with the technical indicators of Bluestar Group in the future.
ZTE headquarters has been waiting for this moment for a long time, and immediately issued a statement of the board of directors, at the end of the statement, ZTE emphasized: from now on, ZTE will completely prohibit cooperation with rice chip companies, ban the import of rice semiconductor products, ZTE and Bluestar Group have