Reinventing the Millennium.

Chapter 841 Iron Horse Glacier (4K)

"Boss Fang, you don't know how to count your words, do you?"

Standing in his ward, Jiang Shangzhou saw Mr. Fang's serious expression, and asked again with a smile.

His words meant something, and he mentioned again that Bingxin was not sure about the 130nm risky trial production and asked SMIC for help.

At that time, Jiang Shangzhou and Zhang Rujing went to the dinner together. Faced with Mr. Fang’s unreasonable and unreasonable demands on the core technology, it was the first time that he knew that Professor Hu Zhengming had joined the ice core. , I will help others in any way” and other words of “thanks a lot” and promised to help.

The team of experts dispatched by SMIC during the Spring Festival has effectively helped Bingxin complete the 130nm risk trial production, giving this grassroots semiconductor company a foothold.

However, who would have thought that in the past two years or so, the ice core that faced 130nm with a frowning face was already trying to mass produce 65nm, leaving SMIC behind.

When Jiang Shangzhou thought about it, he felt that the time was slow and fast, that the world was real and bizarre, and that the ice core was really in the jade pot.

"Of course I, Fang Zhuo, mean what I say." Fang Zhuo took a breath and said dissatisfiedly, "But, I hope that on the day when I need to mean what I say, we are all sitting in a bright and spacious office, and you ask Bingxin to send a team of experts to help For the risky mass production of 7nm, I took out Moutai on the spot and forced Mr. Zhang to toast me with two glasses of wine before agreeing to him.”

Jiang Shangzhou listened to these words with a smile, and was fascinated: "7nm, hey, I'm afraid I won't see that day, I will toast you two glasses of wine now, and you will promise SMIC when the time comes."

Fang Zhuo was surprised: "You trust Bing Xin so much?"

"Even if Bing Xin didn't make it to that point, it's good for me to drink two glasses of wine now. Since I entered the hospital, the doctor won't let me touch a drop of alcohol or cigarettes!" Jiang Shangzhou complained angrily.

Fang Zhuo looked at the hospital gown on him, and couldn't agree more: "You have to pay attention to your body, and you have to wait to see 7nm."

Jiang Shangzhou said leisurely: "It's not the first time I've had chemotherapy, and [-]% of me won't be able to see it."

Fang Zhuo sighed: "I never heard of you having this disease before."

Jiang Shangzhou spread his hands: "I don't have the habit of talking about it when I'm sick."

"Then let me do the math for you. This year we will do 65nm, next year we will do 40nm, next year we will do 28nm, in 10 it will be 20nm, in 11 it will be 14nm, in 12 it will be 10nm, in 13 it will be 7nm." Fang Zhuo calculated with his fingers, "2013 -In 2007, if you last another 7 years, then you can see 7nm, how about that? Simple, right?”

Jiang Shangzhou was dumbfounded: "I'm a little confused whether it's easy to make a breakthrough a year or it's easy for me to last for 7 years, or are both quite difficult?"

These words sound dejected, but the tone is very calm.

Fang Zhuo didn't want to make jokes anymore.

Jiang Shangzhou was the hero who contributed to Shanghai's introduction of SMIC back then, and he also worked hard for the development of semiconductors. Before today, he never knew that this man had cancer. Especially not the taste.

Both fell silent.

After a while, they both spoke at the same time.

"I heard that your mobile phone is doing well?"

"What problem did SMIC encounter?"

Jiang Shangzhou shook his head slightly, motioning for Fang Zhuo to say first, he got up to pour a glass of water for the guest, and walked slowly in the ward.

"Who did the Secretary-General listen to? Isn't everyone in the country optimistic about Yike's mobile phone? There are no pictures yet, so I'm just doing nothing." Fang Zhuo spoke modestly proudly.

"I don't understand mobile phones, but I believe in you, Mr. Fang, you can pull up Bing Xin so difficult, let alone mobile phones." Jiang Shangzhou said.

"Being able to make a good ice core may not be able to make a good mobile phone, two different things, but... I'm the one who owes it." Fang Zhuo smiled, "So, it's really good."

Jiang Shangzhou nodded, and asked again: "The mobile phone project can pull the ice core, right? Is Qualcomm sure to cooperate? I think your ice core is a bit like Samsung, it's very vertical."

"The success or failure of the mobile phone is really important to Bingxin." Fang Zhuo became serious, "Qualcomm has decided to cooperate. We have a series of cooperation. At least the relationship in the past two years should be relatively close."

Jiang Shangzhou said sincerely: "Bingxin can go to this day, Mr. Fang, you are really a master."

"What about Mr. Qiu? Without Mr. Qiu, this factory would not be able to be built. What about Professor Hu? Without the banner of Professor Hu, many key talents would not come here. What about local support? Without the full support of the local government, many things would be impossible It’s not that convenient. What about the leadership’s concern? What about the hard work of Bingxin’s employees?” Fang Zhuo said seriously, “I can’t get this first achievement.”

Jiang Shangzhou laughed and said: "We don't have to be so serious when we talk in private. I think that your side is not the first one, but it is also tied for the first one."

Fang Zhuo took a sip of water, the ice core was indeed not the work of one person, and any missing link would add countless difficulties.

"This time I said that I want to meet Mr. Fang, but there is nothing special about it. First, I am really worried about my body. This is an objective reality." Jiang Shangzhou said calmly, "Second, SMIC is not in agreement with Taiji's lawsuit. Too optimistic, this is also an objective reality, so I thought Mr. Fang would have spare energy in the future, and also help to look at the semiconductors in the mainland."

Since Tai Ji changed its head, its lawsuits in the United States have become much more intense.

Judging from the current situation, the situation cannot be considered optimistic.

However, this is not the only problem facing SMIC. The price of the global storage industry is falling rapidly. SMIC has suffered heavy losses in the DRAM business, and it is very likely that it will record the largest loss since its establishment next year.

Considering that the downward trend is difficult to stop, the storage production line of the Beijing factory has already begun to stop production, and SMIC is weighing whether to completely withdraw from the DRAM business, so as not to be bleeding to death from this wound.

However, exiting the DRAM business means conversion of production lines and equipment upgrades, and the investment in this aspect of the Beijing factory is estimated to be more than US$1 million.

These circumstances have put a lot of pressure on the company's capital shareholders. SMIC is facing a severe situation of blood loss, unfavorable expansion, and high debt. It urgently needs to introduce new capital to revitalize the situation.

When Jiang Shangzhou talked about SMIC, his words were quite regretful.

"Now there are international consortiums who have contacted SMIC, hoping to acquire equity, and the one with the strongest desire is the Blackstone consortium that acquired Freescale." Jiang Shangzhou got up and added water to President Fang who was drinking silently.

"Well, the Blackstone Consortium." Fang Zhuo held a water glass, thoughtful, "What did Mr. Zhang say?"

Last year, Blackstone Group gathered a group of private equity to acquire Freescale for US$176 billion. Freescale is the semiconductor division spun off from Motorola in 04 and is the ninth largest semiconductor company in the world.

This acquisition is also the world's largest semiconductor acquisition so far.

In fact, Blackstone had contacted the MIGA Fund last year, and what they valued was the expert experience of Bingxin behind the MIGA Fund. After all, this was the first time it set foot in the semiconductor field, but Fang Zhuo and Kong Yu were not interested, so they simply rejected the offer. thing.

"Mr. Zhang is unwilling to accept the entry of the Blackstone consortium." Jiang Shangzhou shook his head, a little helpless, "Everyone feels that letting this group of private equity consortiums enter when SMIC's stock price is low may make the situation even more chaotic."

He sighed: "There are no good people in private equity."

Fang Zhuo nodded slightly: "Yes."

Jiang Shangzhou suddenly realized: "It's not about your private placement."

"It's okay, and he's not a good person." Fang Zhuo was very calm. "If Blackstone is allowed to come in at this time, they will have the right to speak, and they must pursue operational benefits. Maybe it's splitting the business or promoting mergers and acquisitions."

For a while, Jiang Shangzhou didn't know whether to praise Mr. Fang for his expertise. He pondered for two seconds and nodded: "Mr. Zhang also thought about it in the same way, so we asked for help in China, and the leader helped to contact three companies, Datang Telecom, Huaxia Electronics, and China Resources. .”

Fang Zhuo frowned and turned his thoughts around.

Jiang Shangzhou asked: "Mr. Fang, which one do you think is suitable?"

"If you ask me, none of them are suitable. These three are big state-owned enterprises." Fang Zhuo said slowly, "If you have to choose one of the three, Huaxia Electronics is the first to rule out. Its business is not suitable. Datang Telecom and China Resources. I choose Huarun."

Jiang Shangzhou praised this time: "Boss Fang is really well versed in the situation."

Huaxia Electronics was indeed the first to be excluded from discussions within SMIC. Its business is related to the military industry, which is really not suitable for the already sensitive SMIC.

He continued: "But China Resources asked SMIC to change its name, which is not acceptable to everyone."

Fang Zhuo was taken aback. One of China Resources' requirements for entering the game was to change its name?Change it to what?China Resources Integrated Circuit Manufacturing?Huaxin?

He thought for a while, then shook his head: "It seems that China Resources is reluctant. If you want to change your name today, how strong you can be tomorrow, you can't even think about it. China Resources will show you its attitude first."

Jiang Shangzhou clapped his hands and praised: "As expected of Mr. Fang."

China Resources seems to be talking about changing the name, talking about something that is not so important, but it is actually expressing its position wisely. This is a matter assigned by the leader. I will handle it, but if you want me to do it, then do it first. If you can accept it, Let's do that again, if you can accept even "doing that", then move on to the next point.

SMIC's reluctance to accept the Blackstone consortium is because it does not want to lose the initiative, and it is natural that it can't go on talking with China Resources like this.

"Datang Telecom..." Fang Zhuo seemed to be hesitant about SMIC's choice of one of the three, but in fact it was a choice of one.

His recent impression of Datang Telecom is that it participated in the construction of the domestic 3G standard TD-SCDMA.

Jiang Shangzhou said: "Fortunately, Datang Telecom is not bad, and I have some friendship with Mr. Zhou."

Fang Zhuo knew that he was talking about Mr. Zhou Zhou. He was the head of Datang Telecom who stepped down last year, but he did not retire as rumored, but was transferred to the chairman of Datang Mobile.

Mr. Zhou certainly has influence on Datang Telecom, and is now inside Datang Telecom, but... Where is the current head of Datang Telecom?

Fang Zhuo was the most sensitive about this kind of thing, and he didn't hear the name of the incumbent from Jiang Shangzhou's mouth, so he felt a little doubt in his heart.

But he didn't ask, because he really didn't think that today's occasion in the ward is suitable for talking about things.

"That's good. Although it is a state-owned enterprise, it's good to be able to push SMIC forward." Fang Zhuo said.

Jiang Shangzhou nodded, it was a desperation choice.

He sighed: "The development of semiconductors is not easy. SMIC is afraid that there will be two years of labor pains. Looking at it this way, it is really not easy for Bingxin to go so far."

"Okay, don't be emotional, Bingxin has just moved a little bit." Fang Zhuo didn't want to make the atmosphere dull, so he thought about it and asked, "How did Datang become a shareholder?"

Jiang Shangzhou replied: "We are still discussing, about 2 million US dollars in exchange for about 16% of the shares."

Fang Zhuo was taken aback: "2 million US dollars? 16%? This..."

He immediately went on to say: "Such a shrinkage, such a dilution of equity, can shareholders agree?"

This means that the value of SMIC is only 12.5 billion US dollars.

But Zhang Rujing raised 2000 billion US dollars when it was founded in 10, not to mention the vigorous development in the past few years.

Almost ... not almost, which is bound to provoke a strong backlash from shareholders.

However, the current problem is that the storage business, which accounts for a considerable proportion of SMIC, has suffered huge losses, and the lawsuit with Taiwan Kee has also cast a shadow on its development. It is difficult to find new investors.

Jiang Shangzhou pursed his lips: "We are still talking, everyone is very helpless."

Fang Zhuo asked directly: "Then the secretary-general wants to see me today, does Mr. Zhang have something to say to me?"

"No." Jiang Shangzhou denied Mr. Fang's guess, "I just want to meet Mr. Fang and hear about Bingxin's development, that's all."

He rubbed his forehead and said: "They are all semiconductors from the mainland. Whether it is SMIC or Icecore, it is what I want to see if I can compete with world-class manufacturers. If I can live for a few more years, I will still I really want to see if Ice Core can make 14nm."

"If you can't see it, when Ice Core can make 14nm and the FinFET process, one day, Mr. Fang will pour a glass of wine into the Huangpu River, and I will be happy."

Fang Zhuo frowned, thinking.

Jiang Shangzhou smiled and said, "I didn't even mention 7nm, so why don't you agree?"

Fang Zhuo sighed: "Okay, I know what you mean. If you want me to say, you should try to live a few more years. Wouldn't it be better to see it with your own eyes? Secretary-General, when you meet, ask me what happened back then. I still say the same thing." , of course I mean what I say."

He pondered for a while: "Well, you and Datang probably have to talk for a while, and when you are almost done talking, I will let Bing Xin take a small share as a signal."

"Mr. Fang, that's not what I mean." Jiang Shangzhou emphasized first, and then said, "But if Mr. Fang is really convenient..."

Fang Zhuo estimates that SMIC and Datang will at least talk about next year, and internal resistance alone will be very troublesome.

He said bluntly: "Let's put it this way, it's not easy to see you as an old man. When you get better, you can talk to Mr. Zhang first, and then I will talk to him again. The meaning of 5% of the shares."

Fang Zhuo didn’t expect that his fund’s plan to make money and want to buy, buy, and buy would start with SMIC. However, the price of SMIC is really not expensive, and 5% is only tens of millions of dollars in the current situation. Whether it is financial or attitude support, Let's make a preliminary decision first.

Jiang Shangzhou smiled, gave a thumbs up, and praised loudly: "Mr. Fang, your righteousness is beyond the sky!"

Since Fang Zhuo is willing to help, he doesn't mind helping a little more: "It may not be easy for the past two years. If SMIC's institutional shareholders are too vocal and report my name, let them come to me. can make."

Jiang Shangzhou gave two thumbs up: "If you don't know Mr. Fang in your life, it's useless to call him a hero!"

"Since the Secretary-General said so, heroes cherish heroes, and you will take the lead in this matter. I will recognize you alone and give you face, even if Mr. Zhang is here." Fang Zhuo found something for the old man to do, " When I found him, he was not so happy."

Jiang Shangzhou laughed, knowing what Mr. Fang meant.

"Rest, I won't delay you to recharge your batteries and fight again." Fang Zhuo finished drinking the water in his glass and shook hands with Jiang Shangzhou.

Jiang Shangzhou sent Fang always out of the ward.

Even Jiang Shangzhou's family members were kicked out because of their conversation, and now that the end was over, they hurried over to help the old man.

"Let's just say that, come to me if you have anything to do." Fang Zhuo said goodbye.

Jiang Shangzhou nodded with a smile, and suddenly said to his son who was helping him: "In the future, the boss will burn paper, let him stand in front."

"Ah? Dad, what are you talking about?" Jiang Shangzhou's son complained, "It's all good."

"Don't make such a fuss. One day, I will never forget the old man. Live a few more years and see how I can fight against Taiji." Fang Zhuo said so, showing his confidence and purpose.

Jiang Shangzhou laughed again: "Okay, then I'll watch."

Fang Zhuo and Jiang's family paid their respects, and motioned to help the secretary-general back to the ward.

But Jiang Shangzhou insisted on sending Mr. Fang out.

Fang Zhuo had no choice but to hurry up and get in the car, leaving only the phone number of Jiang Shangzhou's son.

The car moved forward slowly, and the old man in the rearview mirror took a long time to get in.

"Xiao Liu, help me find domestic and foreign doctors and see if I can help you." Fang Zhuo knew that Jiang Shangzhou's medical conditions were good, but he still wanted to do his part.

Secretary Liu Zonghong should go down.

Fang Zhuo lowered the car window, only to feel the sun setting by the Huangpu River, and the iron horse and ice river blowing in the wind.

(End of this chapter)