Reborn since 1993

Chapter 398: Visit the Pier

There are local tyrants and local bullies in every industry. Of course, we can ignore them. If we spend a few years, Feiyan Technology may be able to slowly complete its listing.

But if Feiyan Technology wants to complete its IPO next year and avoid being targeted after the IPO, being shorted every other day, and being spread all kinds of negative news, it cannot avoid the local investment banks on Wall Street.

Soros also has Muddy Waters Investment Company, which specializes in shorting mainland concept stocks. It is easy to guess who is supporting it behind the scenes without him saying it. Who else could it be except for several major investment banks on Wall Street!

Among the domestic companies that were shorted by Muddy Waters Investment, except for New Oriental, which was supported by Tiger Fund and escaped the disaster, the rest of the companies, such as Sino-Forest, Oriental Paper, Luckin Coffee, Anta Sports, Huishan Dairy, etc., all suffered heavy losses, and several of them were delisted. Don't say that flies don't bite eggs without cracks. How clean can those American companies be?

In the end, as long as it was reported that a Chinese company listed in the United States was targeted by Muddy Waters, no matter what conclusion Muddy Waters came to, the company's stock would plummet.

Just like when Muddy Waters targeted New Oriental, within two days, New Oriental’s stock price plummeted by 70%, and two billion US dollars were wiped out. This also means that Muddy Waters made hundreds of millions of dollars in just two days by short selling!
Li Dongling is not afraid of Wall Street short-selling institutions such as Muddy Waters and Citron, but these people are like toads. They don't bite people but only hurt people. If they make trouble at the critical moment, it will be very troublesome.

Li Dongling hopes that Feiyan Technology will be listed on Nasdaq to reap the benefits, but he does not want to be reaped as a leek.

Especially, there are still many things to do in the future. Li Dongling doesn't want someone to jump out and block him at the critical moment, so he has to pay homage to the pier that should be paid homage, so as to avoid troubles such as muddy water!

After Feiyan Technology's round of equity rewards was completed, everyone in the conference room basically received a share of equity. Even Zhu Zhaojiang, a new executive of Dongling Hi-Tech, received 0.36% of the equity.

“It would be great if Feiyan Technology could go public and reach the level of Netscape!”

Zhang Ao smiled and said that due to his travels both domestically and overseas, he actually understood more about the booming business in Silicon Valley than other people.

However, everyone in the conference room also knew about Netscape News. Li Dongling regularly had people deliver overseas technology, Internet, and financial news to China. The executives of Dongling Hi-Tech were actually aware of what was happening on the other side of the ocean.

On the day Netscape went public, its market value exceeded 27 billion US dollars. Although the stock price fell a little afterwards, Wall Street was now promoting Netscape, the concept of the Internet was on the rise, and Netscape had a good momentum. It should not be difficult for it to surpass the market value of billion US dollars.

And if Feiyan Technology can reach the level of Netscape, then even Zhu Zhaojiang, who holds 0.36% of the shares, will be worth over million US dollars. Converted into RMB, he will become a super rich man with a net worth of nearly million!
“If it can go public, Feiyan Technology’s market value may not be higher than Netscape in the short term. Netscape will be the leader in the Internet industry in the next few years, and no company can replace it.

However, if time is extended, Feiyan Technology’s market value will definitely surpass Netscape!”

Li Dongling tapped the table lightly with his fingers and said with a smile, "As for whether the people present believed it or not, that was their business."

Li Dongling was also reminding the people in the conference room not to cash out their stocks in a hurry after the lock-up period after Feiyan Technology went public, or they would regret it in a few years.

In the next few years, the Nasdaq bubble will become bigger and bigger. As long as the story is good, why worry that the stock price will not rise?
As for whether or not to listen to Li Dongling, that is their own business. Li Dongling has already reminded them anyway.

Feiyan Technology is the most important thing for Dongling Hi-Tech next year. It is also the thing that Li Dongling needs to fly to America in person to solve. It is also the most important thing at this year-end meeting.

Basically, after that, we discussed the bonuses, prizes, year-end bonuses, and outstanding employee awards to be distributed to everyone in the company this year.

In previous years, year-end bonuses may have attracted the attention of Ren Yuefeng, Hu Zixian and others, but this year, compared with the Feiyan shares they received, that little year-end bonus is nothing.

"Should we invite celebrities to be guest performers at this year's annual meeting?"

Gao Peng, who was in charge of Dongling Hi-Tech's logistics and various daily activities, asked Li Dongling at the end of the meeting. Things are different now. In the past, Dongling Hi-Tech's annual meeting had basically no rules, and anyone who wanted to go up and howl could do it, but now, Dongling Hi-Tech's annual meeting also needs to rehearse in advance, and it can no longer be a makeshift team like before.

Looking back to the first year when Dongling Hi-Tech was founded, Li Dongling, Yao Luoying and others personally performed on stage at the annual meeting. We still have the videotapes of the performances. After a dozen years, if these videos are circulated, they will probably become classics.

I remember that at that time, Zhang Ao, Gao Peng and others were clamoring to invite celebrities to Dongling Hi-Tech's annual meeting in the future. At that time, everyone just thought they were joking.

But now, inviting celebrities to perform at Dongling Hi-Tech's annual meeting is no longer a problem. Not to mention domestic celebrities, even celebrities from Hong Kong and Taiwan, or even American and British bands, it is not a difficult task for Dongling Hi-Tech to invite them to sing a few songs.

After hearing Gao Peng's words, Yao Luoying, Zhang Ao and others all smiled, but also with a little sigh. They knew that starting from this year, Dongling Hi-Tech's annual meeting would probably be different from before.

"Please invite a few celebrities, mainly from Hanxi Province, and the rest will be the same as in previous years. Dongling Hi-Tech internal staff who want to perform at the annual meeting can sign up. As long as they go on stage, they will get a reward!"

Li Dongling said that for the annual meeting of Dongling Hi-Tech, Li Dongling still hopes that the main attendees will be people within Dongling Hi-Tech.

Of course, many people like to perform on stage now, wanting to be the center of attention or to experience the thrill of being a star. But in a few years, the situation will be completely different. No one likes to be a slave on stage after a year of hard work. More young people hope to see stars and celebrities at the annual meeting to attract their attention.

"The year-end bonuses for employees of Dongling Hi-Tech, Feiyan Technology, Doxin Semiconductor, Oriental Optoelectronics, Shenzhou Storage and other companies should be reviewed as soon as possible and paid out together with their salaries in the last month of this year!" Li Dongling explained to everyone in the conference room.

After returning to the office, Li Dongling felt a little tired. Today's meeting had lasted from morning till now, and it was gradually getting dark outside.

However, Li Dongling could not rest at this moment, so he asked his assistant Su Chicheng to bring back two meals, and then asked him to invite Wu Xinyi over. Just now in the conference room, there were some things that were not easy to ask directly, but Li Dongling needed to know the actual situation of several projects of Dongxin Semiconductor. So much money was invested this year, and Li Dongling also had to hear the truth.

When Wu Xinyi came in, Li Dongling was eating a simple meal. When he saw him come in, Li Dongling pushed the meal directly in front of him.

Wu Xinyi didn't hesitate and started eating. Looking at Li Dongling's attitude just now, Wu Xinyi could clearly see that Li Dongling had something important to ask him. If he didn't fill his stomach now, he might not be able to eat later.

Seeing that Wu Xinyi had finished eating, Li Dongling stood up and poured him a glass of water, then asked, "What is the current status of the lithography machine project?"

Wu Xinyi picked up the water cup and took a sip. He was not surprised at all, as he knew that Li Dongling would ask him this question sooner or later.

Long before, when Li Dongling went to Doxin Semiconductor, Zhou Shi's team purchased overseas parts and components and prepared to replicate a lithography machine in the laboratory. However, the gap between the lithography machine in the laboratory and the lithography machine that can be used on the production line is too large. It is hard to say how long it will take from the one made in the laboratory to the one used on the production line.

"At Dongxin Semiconductor, the lithography project is led by Chief Engineer Zhou Shizhou, as well as a team led by engineers Zhang Shiying and Wang Xia. They are developing a 450-nanometer lithography machine, and there is already some progress!"

"When can the laboratory's lithography machine be used on the production line?" Li Dongling asked, staring into Wu Xinyi's eyes.

“Next year, we can try to conduct a trial production!”

Wu Xinyi smiled bitterly and said, "In fact, since the beginning of this year, the lithography machine R&D team has spent a large part of its time developing various supporting parts and materials. Many of these parts and materials cannot be purchased abroad, or those purchased are substandard, so we can only rely on our own research and development, especially improvement!

In particular, laser systems, objective lens systems, workbenches, masks, photoresists, lenses, etc...."

(End of this chapter)