Reinventing the Millennium.

Chapter 419 Level Difference (Two in One)

Fang Zhuo didn't know that Xiong Xiaoge, who wanted to cut off his robes, had both high praise and small slander behind his back.

He completed the half-hearted integration of the shareholders of Ice Core, and immediately flew to Luzhou.

At four o'clock in the afternoon, Fang Zhuo hurriedly arrived at the airport.

Because there was a phone call before boarding, Luzhou still sent someone to pick up the plane.

"Secretary Luo, you are too polite, too polite."

It was only when Fang Zhuo landed that he realized that it was this big housekeeper who was ranked first in the city to pick him up again.

To be honest, it has been a while since the project was settled, but the enthusiasm in Luzhou has not diminished at all, and it has lasted forever, which is really flattering.

Fang Zhuo felt like he was a great leader.

"You're welcome, I just have something to leave here, and I heard Mr. Fang is coming, so let's join together." Luo Minghua said with a smile, "The provinces and cities attach great importance to the project, and this is also to ensure the first-time communication. Anyway, as for you, don't be afraid to trouble yourself if you have something to do, just come to me directly."

Fang Zhuo nodded and thanked repeatedly.

President Bingxin got into the special car of the secretary-general, and the assistant sat in the car behind.

Luo Minghua is a person who does practical things. After exchanging a few pleasantries in the car, he chatted about the progress of the ice core.

Bingxin itself is engaged in pile foundation projects in Luzhou, so there is nothing to say, but there are indeed many local commitments surrounding this project that need to be implemented.

Talent policy, education support, transportation planning, these were all discussed by Luo Minghua in a meaningful and even debriefing manner.

Fang Zhuo listened patiently halfway, and couldn't help but said: "Secretary-General, have you heard about SMIC?"

Luo Minghua nodded: "I heard."

Fang Zhuo waited for the secretary-general to continue.

Luo Minghua also waited for the president to continue.

They were silent with each other and looked at each other for a few seconds.

Fang Zhuo said: "This matter has indeed had a certain impact on our ice core, but I still have confidence in this project. Today I wanted to talk about this aspect with Wu Hongquan, director of Luzhou State Investment."

Before he flew here, he just called to ask Wu Hongquan to pick him up, so he had dinner and chatted with him on the way, but he didn't expect his hometown to be too enthusiastic.

Luo Minghua knew that SMIC had such a thing, so he was sued, and then what?

What the hell is going on like this?

He was a little confused and couldn't clearly judge the meaning of the young president, but he didn't dare to neglect, and said with an unchanged expression: "Okay, Mr. Fang, I will call Mr. Wu tomorrow, and let's chat together. Receiving the wind banquet, you have a good rest after eating."

Another reception?

Although we know that the local government attaches great importance to it, some forms have to be adjusted.

Fang Zhuo reckoned that if he had to catch the wind so many times, it would be endless in the future. At that time, it would be difficult for Luzhou, so don't make the other party think that if he doesn't catch the wind, he doesn't value himself.

He thought about it for two seconds, and flatly refused: "Secretary-General, I won't be attending the banquet. I will go to HKUST to talk about their college at night. This is very important for Bingxin's talent pool."

"I came to Luzhou wholeheartedly to engage in construction and development. I believe our provinces and cities also think the same way. Then I have nothing to say. In the future, this form will not be used. I would rather go to the factory and ask the employees what they need. "

Luo Minghua was a little startled, then smiled and said: "Okay, Mr. Fang, to be honest, we are afraid that the hospitality will not be good, and there is no other meaning."

"No." Fang Zhuo breathed a sigh of relief and said, "The sooner the policy is implemented and the work is completed earlier, we will be happy, and so will the city."

Compared with Shencheng, the economic and financial center of the country, Luzhou, a provincial capital that is not well-known, does have a very different work style. Fang Zhuo didn't want to spend energy to adapt to this, so he could only speak bluntly.

Luo Minghua didn't mind, he smiled and told the driver to turn around and drive to the University of Science and Technology of China.

In about half an hour, the special car arrived at the destination.

Fang Zhuo bid farewell to the secretary-general happily, and made an appointment to meet at nine o'clock the next morning, and then went straight to the leadership office of the University of Science and Technology with his assistant.

then……

In the evening, I had a welcome banquet from the University of Science and Technology...

On the other side, Luo Minghua returned to the office by car. He didn't get off work, so he immediately called for an expert to hold a small meeting, trying to evaluate Mr. Fang's reason for coming this time and what he said.

"Aren't SMIC and Ice Core in a competitive relationship? SMIC has been sued, has Ice Core developed better?"

"TSMC is suing SMIC in the United States. Can this be successful? Is it a scare?"

"Crying children have milk to eat. Fang always has some new needs that are hard to talk about, so he came here through this matter."

Luo Minghua presided over this small meeting for more than an hour, and then called Wu Hongquan, who is the director of Bingxin, to discuss the situation with him.

In this way, the Secretary-General's mood was slightly settled down.

The next morning, Luo Minghua went to work early and quickly dealt with the work at hand.

At nine o'clock in the morning, he, together with three experts and Wu Hongquan, director of Ice Core, greeted Fang Zhuo, president of Ice Core, and his legal counsel in the conference room.

"Secretary-General, for this trip, one is that there is a ratchet clause from SDIC to be re-signed, and the other is to sign a VAM agreement, so as to avoid any accidents when it is obtained."

Fang Zhuo didn't hesitate, and after the opening, he planned to ask the legal counsel to explain the meaning of the terms and agreement.

"Mr. Fang, if there is any need for the project, just mention it. Isn't SMIC's matter this time also beneficial to us?" At this time, an expert took advantage of the gap between Bingxin's legal affairs and materials, and said something.

Fang Zhuo:?
The expert felt that the president's heart was touched, and he smiled and continued to chat about Bingxin's bright future.

Fang Zhuo was dumbfounded.

He glanced blankly at the secretary-general who looked normal, blinked, and suddenly understood the meaning of the expression that was the same as in the car yesterday, the co-author was not in Zhizhu's hand, it was because he didn't understand at all.

I don’t understand, but you are asking, what are these things?
However, when he thought of the other party's professional attributes, he could also understand the kung fu of not changing his face.

"cough."

The expert Fang Zhuo planned to talk about, asked directly: "What's the name?"

"I'm Xu Zongyu from the Electrical Engineering Research Institute." The expert reported to the house.

Fang Zhuo nodded, and said earnestly, "Mr. Xu, what you said is very good."

Xu Zongyu smiled.

"Don't tell others about these things." Fang Zhuo gave advice, ignoring the expert's frozen expression, and looked at Secretary-General Luo Minghua, "Secretary-General, you may have misunderstood me. Goldman Sachs Group, Deutsche Bank, IDG, DCM and even me all have a consistent assessment, which will have an impact on the domestic semiconductor industry."

Fang Zhuo already understood the problem, it was a difference in level.

Don't look at Goldman Sachs and DCM, although they were finally tied to the ice core ship, they reacted immediately and tried to exert pressure anyway. They are all world-renowned investment institutions.

This side is good, but I gave a diametrically opposite conclusion.

Others are fearful, I am greedy.

If others lose money, I go bankrupt.

But thinking about it again, Luzhou, an underdeveloped provincial capital in the interior, can't force anything.

Fang Zhuo adjusted the plan and talked about all aspects affected by this matter as briefly as possible, and then asked the legal affairs to continue to introduce the two terms and agreements that needed to be signed. At the end, he talked about the outlines of the two boards of directors.

After chatting like this, the experts looked at each other in blank dismay, and Luo Minghua also failed.

What?
Why not like this, but like that?

He heard the twists and turns from Mr. Fang's two straightforward descriptions of the board of directors.

"Mr. Fang, this project is not only for the development of our hometown, but also for the development of the domestic semiconductor industry. It is not easy." Luo Minghua sighed, "Goldman Sachs must have used a lot of means."

Fang Zhuo simply replied: "It's okay."

Luo Minghua turned his head and said to the three experts: "We have worked hard in our institute, this meeting will be like this first, you go back first."

The experts walked out of the conference room silently.

Luo Minghua didn't evade this matter after they left: "Mr. Fang, not only is your project short of talents, but we also lack relevant experts and talents in our provinces and cities. This time I really thought that Bingxin encountered some difficulties. need help."

"There may be difficulties in the future, but such a project is destined to not be smooth sailing. I have this preparation in mind. I could have faxed or called. The reason why I came here by myself is because I am afraid that the city is not ready for this kind of preparation." Fang Fang Zhuo said calmly, "I want to clarify the stakes and project judgments in person. Don't have any suspicions between us, otherwise the work will be even more difficult."

Luo Minghua showed a sincere smile: "Boss Fang is right."

He added: "It's my fault too. Yesterday I really thought that this matter would have little impact."

Fang Zhuo took a sip of water, and said strangely: "There have been a lot of analyzes on the SMIC incident recently, and it seems that there have been some reports on this..."

Today's meeting was indeed a bit beyond his imagination. Even if he is not familiar with the details inside, he must have a general judgment direction. TSMC's actions did not happen yesterday, it has been more than a week.

"We must strengthen our understanding and study." Luo Minghua said with a wry smile, "It is true that the usual newspapers have not seen this matter."

The parties involved in the incident, such as SMIC and Goldman Sachs, are the most sensitive, followed by the impacted Bingxin, Shanghai leaders, etc., and the third is the industry and some media. Luzhou is separated by several floors...and lacks truly keen experts. expert.

Fang Zhuo speculated about Luzhou's slow reaction, then briefly stated that he had reached an agreement with other directors, and finally recommended some domestic and foreign media that had a solid analysis of this incident.

Speaking of which, those official media such as People's Daily, which are often concerned by the administration, really haven't reported this matter much, maybe they want to observe and observe the situation before analyzing it.

Near noon, Fang Zhuo still declined lunch and drove to HKUST.

Things on HKUST's side are actually more important.

I thought I could meet Hu Zhengming himself during this trip, but this authoritative expert had a temporary situation in the United States, which delayed his coming to China. Therefore, Fang Zhuo's focus at HKUST became the talent training of his own project.

It takes a lot of time for a qualified talent to be trained at HKUST from basic training to practical use.

Fang Zhuo has not pinned his hopes on this aspect for the time being. Of course, this must be done, but what he wants more is the training of Hu Zhengming on stage and ice core engineers off stage, and he has to pay attention to avoiding the legal risks inherent in this method .

To be clear, this training method is definitely in violation of the non-compete agreement signed by Hu Zhengming, especially when SMIC was sued by TSMC, arrangements must be made in advance.

Hu Zhengming taught Bingxin employees not to do it.

The former is that the subject of the contract cannot be changed, but what about the latter?

If such a group of employees do not join Bingxin for the time being, but first study in the form of social persons at the University of Science and Technology of China, and after reaching a certain stage, the laid-off employees will re-employ Bingxin, will this still violate the non-compete agreement signed by Hu Zhengming?

Fang Zhuo proposed ideas, legal research provisions, and the school helped to implement them. In short, find a way if you have difficulties, use SMIC’s lawsuit as a lesson, try to solve the problem from the process, at least reduce part of the risk.

On December 12rd, Luzhou State Investment and Bingxin completed the supplementary signing of the terms and became the last director to do so. The other companies confirmed that they were correct and signed as early as Fang Zhuo proposed.

The University of Science and Technology of China will set up an adult education seminar to open its arms to those who are interested in integrated circuits in the general society.

That night, Fang Zhuo took the flight back to Shencheng, and would fly directly from the airport to Xiangjiang without stopping to conduct the first roadshow of Yike's IPO.

According to the arrangement of Goldman Sachs, the road show is from Xiangjiang to Singapore to several big cities in the United States.

Fang Zhuo waited for his own team and the Goldman Sachs team led by Xu Kaiwei at the airport.

"Mr. Xu also came to Xiangjiang together this time?" Fang Zhuo was a little surprised by Xu Kaiwei's appearance, "Is there a project to vote for?"

"Well, the main thing is to listen to Mr. Fang's road show in Xiangjiang." Xu Kaiwei laughed.

Fang Zhuo has always been modest about things he doesn't understand: "Then I have to ask Mr. Xu for advice. I've never done a road show before. Although I'm also the chairman of a listed company, it's my first time to take the company public."

Xu Kaiwei said: "Road show, road show, all the way through the show, Mr. Fang just brought out the promotion to us at the board meeting last time, so it's almost the same."

Fang Zhuo laughed and joked, "Is it that simple?"

"Compared to starting a business, it's really not difficult. Some presidents may not be good at words, but I believe Mr. Fang will not have such concerns. Therefore, I am more confident in Yike's road show." Xu Kaiwei seriously Said.

He's not kidding.

Because of Yike's listing plan, and because Xu Kaiwei saw the intentions of Deutsche Bank and DCM with his own eyes, Goldman Sachs made a proposal after comprehensive consideration.

Not to Yike, but to Ctrip, which also has a listing plan and may even be ahead of schedule.

The chairman of Ctrip is Shen Nanpeng. According to the plan, Ctrip is likely to complete the listing in December, and the entire company is actively preparing for this matter.

However, Shen Nanpeng suddenly received a postponement proposal from Goldman Sachs.

"We suggest that Ctrip delay the listing time, preferably at the end of January or February next year."

Shen Nanpeng: "Ah? Why?"

"Because Yike is going public."

Shen Nanpeng: "???"

Ctrip and Yike have no business relationship, nor are they competitors. They will be listed as soon as they go public. How can they be advised to postpone.

"Mr. Shen, considering Nasdaq's impression of China concept stocks and the good prospect of Yike's listing, we believe that its listing may boost the confidence of some markets, which is conducive to the issuance of Ctrip's shares."

The answer from Goldman Sachs made Shen Nanpeng hesitate.

这种犹豫没有持续太久，携程很快就做出推迟上市的决定，从2003年的12月调整为2004年的1月或者2月。

At the same time, they also paid close attention to Yike's road to listing.

Fang Zhuo didn't know about this at all, so he arrived in Xiangjiang with a trace of nervousness and excitement.

　small theater:

　　Fang Zhuo left Luzhou and flew to Xiangjiang.

　　Luo Minghua specially asked people to find various media that were recommended by Mr. Fang to analyze the previous SMIC incident.

　　When he saw the "Huaxia Securities News" and saw that Mr. Fang was crying for Huaxia Semiconductor, he couldn't help but praise the left and right:
　　It is really ice core for the country and the people.

　　


(End of this chapter)