Chapter 80: The own son of the Ministry of Science and Technology
As two high-tech private enterprises, in fact, whether it is Dahan Silicon Industry or Silicon Technology Technology, they can completely reject the merger and acquisition plan proposed by Chief Lu.
However, in the face of major rights and wrongs, in the face of this kind of foreign robber-like technology harvesting, it is very necessary and acceptable for both sides to make certain sacrifices of interests in exchange for the entire semiconductor industry to tide over the crisis as soon as possible.
And this profit sacrifice, in fact, under the generous pen of Chief Lu, is not necessarily really big, and even in the long run, this is not only beneficial to the entire semiconductor industry, but also to the Dahan silicon industry and Shencheng silicon industry.
If the wafer crisis cannot be resolved, Huaguo's wafer factories can only buy imported silicon wafers at a sky-high price of 5,300 per piece.
With a gap of 1.9 million pieces per month, it will cost almost 10 billion, which is 8.7 billion more than before the price increase!
And that's every month, and if this crisis lasts for two years, the loss will be more than 200 billion.
One out of ten Hengda was evaporated!
And all this is still based on the premise that the other party does not continue to increase prices.
It is conceivable how much damage this will have to the domestic wafer manufacturing industry.
And as the upstream raw material wafer suppliers, if the midstream industry is almost dead, how much better can they be?
Once the general direction is determined, all that remains is valuation.
Kang Chi and Dong Jianyuan also know that the situation is urgent now,
The sooner the integration is completed, the more helpful it will be to tide over this wafer crisis.
So both of them coincidentally stayed in Yanjing and remotely commissioned a third-party agency to conduct asset appraisal of the two companies.
According to the previous calculation of imported equipment from abroad, it will take about 2.5 billion yuan to invest in a 12-inch semiconductor-grade silicon wafer production line with a monthly production capacity of 100,000 pieces.
At present, Silicon Technology has 2 pure imports, 2 patchwork 12-inch production lines, and a number of 6-8 inch silicon wafer production lines.
Among the small-size production lines, there are two third-generation semiconductor materials and silicon carbide wafer production lines, which are relatively high in value.
Therefore, the valuation of silicon letter in the silicon wafer production line is about 15 billion.
There is little disagreement between the two sides.
But unlike ordinary manufacturers who simply manufacture silicon wafers,
Silicon Technology is also a R&D company for silicon wafer manufacturing equipment, and they have invested more than 40 billion R&D funds in the field of R&D over the years.
And in this area, the two sides have a relatively large disagreement,
First of all, these R&D investments, in fact, are far below this number.
Even if some of the results are actually good, Kangchi doesn't want to spend too much money to buy what he already has.
After all, the technology for the manufacture of monocrystalline silicon wafers, he has.
However, the R&D equipment and talents of Silicon Trust, Kangchi still attaches more importance to it.
With these, the second and even third phases of Dahan Silicon's plan can be launched quickly.
For this reason, Kang Chi and Dong Chee-yuan even held three consultations in one day.
In the end, the next day, Kang Chi entrusted Chen Hai to send the drawings safe in his office to Yanjing urgently, and then threw a bunch of design drawings that Dong Jianyuan couldn't actually read on the table, so that Dong Jianyuan was finally forced to admit that their technology was worthless......
Of course, Kangchi didn't do too much, and really devalued them to worthless, and those talent equipment factories were also there.
In the end, Kangchi agreed to acquire Silicon Technology at a price of 150+120, totaling 27 billion yuan.
For the Shencheng silicon industry, it must be painful to sell silicon letter at this price, but in this case, this kind of pain is completely acceptable.
As for Dahan Silicon's side, it's simple,
Their fixed assets are not much, mainly the technology of the floating belt method single crystal furnace, which is valued at 8 billion.
This valuation is actually a bit low, but considering that it is a technology that temporarily restricts exports, it can be reluctantly accepted.
As for the technologies that have not yet been verified in the second phase, they cannot be included in the scope of evaluation, so the final valuation of Dahan Silicon is 8.5 billion.
In this way, the total value of the integrated Dahan Silicon Industry is 35.5 billion, and if Shencheng Silicon Industry chooses to hold a maximum of 10% of Dahan Silicon Industry, it needs to deduct 3.55 billion yuan at a discount on the basis of the valuation of 27 billion yuan of Silicon Information Technology.
So in the end, Dahan Silicon will complete the acquisition of Silicon Technology at a price of 23.45 billion yuan.
As soon as the news came out, it immediately attracted the attention and discussion of the entire semiconductor industry.
In fact, everyone has been waiting for a long time to see what kind of actions will be made in response to this silicon wafer crisis.
And this action that is waiting for is not small!
"Actually, I guessed that it was industry consolidation, but I didn't expect it to be Dahan Silicon Industry, which directly wiped out Silicon Information Technology......"
"The question is, where did Dahan Silicon Industry get so much money to swallow silicon letters?"
"It must have been given from above, otherwise how could Dahan Silicon Industry come up with more than 20 billion ...... out of thin air"
"This trick is too good, it's much more powerful than directly sending support funds!"
"Awesome, Dahan Silicon, the son of the Ministry of Science and Technology!"
"If you can make a floating belt method single crystal furnace again, not to mention your own son, there is still a place for an illegitimate child."
“……”
This integration storm also quickly attracted the attention of the public.
They were originally a little pessimistic because of the silicon wafer crisis, but after seeing this news, they have somewhat regained some confidence.
It can be said that the eyes of the whole country are converging on Dahan Silicon Industry at this moment.
Whether the silicon wafer crisis can be overcome depends on whether the integrated Dahan Silicon Industry can live up to its mission and complete an all-round breakthrough in silicon wafer manufacturing technology!
——
At the same time, Shin-Etsu Chemical, which has been paying attention to the dynamics of Huaguo's silicon wafer industry, also knew the news for the first time.
"Dahan Silicon has swallowed up Silicon Technology?!"
When Takehiro Nohara first heard the news, he couldn't help but show a surprised expression.
After all, this kind of small acquisition is still very rare in the capital market.
"Huaguo's hand is quite big this time," Fukuhara asked with some concern, "Will this have an impact on our plans?" ”
"Impact?"
After a brief period of surprise, Takehiro Nohara quickly regained his composure and sneered,
"The bigger they move, the more panicked they are, how can the technology of polishing and grinding equipment be so good to break through, we are waiting for them to come and beg us to sell silicon wafers."
Koji Fukuhara nodded: "I'm already a little impatient to see their expressions after the inventory is depleted, haha." ”
Nohara Takehiro also smiled, but soon, a trace of sadness appeared on his face.
"It's a pity that such a beautiful situation may not last long, and those people from country M are actually right about one thing......
"Sooner or later, Huaguo will break through silicon wafer technology, but it is only a matter of time, and we can only pray now that their progress can be slower, from technological breakthroughs to production capacity to keep up, it is best to drag it out for three years and five years......
After listening to Takehiro Nohara's words, Koji Fukuhara's smile gradually converged.
"Or, let the above think of a way to give this Kangchi and Yan Hui ......"
"Stupid, what you can think of, Hua Guo can't think of? They may all have a company around them now, and now they will definitely die one of them...... They may still wish we were killed. ”
“……”
Koji Fukuhara smiled wryly.
"Has there been any progress in the research and development of floating belt single crystal furnace?"
"Uh...... Still working on it. ”
"And what are you talking nonsense here?"
“……”
Today's three more ang~
(End of chapter)