Xiao Bai was not in a hurry, and patiently waited for everyone to finish reading the information before saying, "Have you read it all?"
Let's talk about what you think. ”There was a sudden silence in the conference room."
Xiao Dong, everyone, let me tell me my opinion......"
The first to speak was Xu Changqing, who was very disgusted by the plan of the magic capital this time, thinking that such a shareholding would make the company lose its vitality.Therefore, his point of view is to reject the proposal of the Demon Capital.As for whether it is listed or not, it doesn't matter."
I don't agree with Mr.
Xu's point of view, I think on the contrary, the development of enterprises should be actively integrated into the overall development of the country......"
The second speaker is Qi Yuefeng, his views and Xu Changqing-for-tat, that the development of the integrated circuit industry, sooner or later will rise to the national strategy.A business should think about more than just the market and profits.Besides, there is nothing wrong with the participation of the magic capital, and the other party does not participate in the operation and management of the enterprise, and the voting rights are also restricted to a large extent.What's so bad about having a strong supporter?
Next, everyone spoke.Xiao Bai noticed that everyone's opinions were very different, but in general, the opinions of the Modu side who supported it accounted for a slight majority."
Finally, let me summarize, everyone just had a good discussion, and fully explained the pros and cons of this matter.Personally, I'm receptive to investment in the city. ”Xiao Bai synthesized everyone's opinions, and also fully listened to the opinions of Li Dong, Wei Jianjun, and Wei Xiaolou.He finally expressed his position and agreed to accept the investment of Modu, and at the same time, in the name of Times Technology Group, he participated in Pudong Microelectronic Equipment Co., Ltd."
I plan to let the other party participate in the Pudong company, and the other companies will remain the same.In the future, if the magic capital can help us go public, then the main body of the listing will also be the Pudong company. ”After thinking about it, Xiao Baisi decided to go public partially.That is, it was listed in the name of Times IC Manufacturing Pudong Company, and the assets of the company's headquarters and Beijing Company remained unchanged.On this issue, there is a lot of unanimity.The location of Pudong company is one reason, and more importantly, Pudong company has undertaken the important task of IC technology innovation in the times, and the capital consumption is very large.If the Pudong company can be listed, it can relieve Xiao Bai of a lot of financial pressure.Today's meeting lasted almost a whole day, and at noon everyone ate in the staff cafeteria of the Financial Building.At night.Xiao Bai invited everyone out for a good meal.The next day, most of the members of the decision-making committee and the participants returned to their respective posts.You Sen stayed in the magic capital, and he negotiated on behalf of the Times Technology Group Company and the magic capital, and Xiao Bai did not participate in the follow-up work."
Dong Xiao, the route has been applied, let's fly back to Shencheng tomorrow morning."
Yang Yan told Xiao Bai that the itinerary had been confirmed."
Okay, I got it."
Xiao Bai came to the Demon Capital this time mainly for this matter, and now that the matter is decided, there is no point in him staying here.On the fifth day after he returned to the Deep City, Yousen and the Demon Capital reached an agreement.Modu State-owned Assets will invest 7.8 billion yuan in Times IC Manufacturing Pudong Company and obtain 10.5% of the company's equity.At the same time, Times Technology Group invested 2 billion yuan in Pudong Microelectronic Equipment and obtained 14.5% of the company's equity.Times Technology Group originally had 5 billion yuan of funds on its books, and another 3.5 billion yuan of dividends were received during this time.After paying this investment, there is still 6.5 billion yuan left in the account of Times Technology Group.After the completion of the new round of financing, the company changed its name to Times Integrated Circuit Manufacturing Co., Ltd.In order to distinguish between them, Times IC changed its name to Times Integrated Circuit Manufacturing Group Corporation.Pujiang Company, which was jointly established by Times IC Manufacturing Pudong Company and Modu, is the project company of the fifth production line, and Modu still has 16 shares.This time, the Pudong company paid 2.6 billion yuan to the magic capital, and the other party completely withdrew from the project company.Subsequently, the Pujiang Company was revoked, and all the assets were merged into the Pudong Company.After a series of asset restructuring, Times IC Manufacturing Group Co., Ltd. holds 44.75 shares of Times IC Manufacturing Co., Ltd. and is the company's largest shareholder.AUO holds 29.09% of the company's equity and is the second largest shareholder of the company.Times International Investment holds 15.66% of the company's equity and is the third largest shareholder of the company.Modu State-owned Assets holds 10.5% of the company's equity and is the fourth largest shareholder of the company.After the integration of Pudong Company and Pujiang Company, the assets of Times IC Manufacturing Co., Ltd. have expanded a lot, and various indicators such as revenue are also good, laying a good foundation for the next step of listing."
Dong Xiao, I also went to visit Director Jiang before I came back.Director Jiang said that Times IC Manufacturing Co., Ltd. fully meets the criteria for listing, and he expects the company to be successfully listed within a year. ”Yousen returned to the deep city and brought back the attitude of the Demon Capital.Director Jiang's words are actually a signal, indicating that Times IC Manufacturing Co., Ltd. can be expected to go public."
Okay, with the endorsement of the Demon Capital, I believe what Director Jiang said.Mr.
You, go on vacation when you come back, there is nothing big about the company for the time being. ”Xiao Bai was very satisfied with Yousen's work, and decided to give the other party a period of vacation next, so that he could take a good rest."
Dong Xiao, then I really want to thank you.The one in my family has been shouting that she wants to travel to Singapore, Malaysia and Thailand, but how can I have time to accompany her?
Now, you can take advantage of this holiday to take a trip. ”You Sen happily left Xiao Bai's office, and then he had a fifteen-day vacation, so he could do a good job of family building."
Xiao Yang, please ask Dean Zhou to come to me."
After You Sen left, Xiao Bai asked Yang Yan to call Zhou Siyi and ask the other party to come over."
Xiao Dong, are you looking for me?"
Zhou Siyi quickly pushed the door and walked in."
Dean Zhou, please be seated.I would like to ask you, where is the project cooperation between us and Pudong Microelectronics?
Also, did they promise to adjust the technical path?
”Previously, because it was a cooperative relationship, Xiao Bai did not pay enough attention to Pudong microelectronic equipment.But now that they have become shareholders of the other party, there are some things that need to be asked."
Look at me, there have been a lot of things going on in the past two days, and I was still thinking of reporting to you.I went to talk to them personally before, and Pudong Microelectronics is willing to strengthen the research and development of immersion lithography machines.However, our previous project was not going very smoothly, and the company's technical accumulation in the front-end lithography equipment was still not enough. ”Zhou Siyi gave Xiao Bai a detailed description of the progress of the project, and the current technology of Pudong microelectronic equipment is still stuck in the problem of insufficient lithography accuracy.China has its own technology in terms of excimer laser light source and objective lens, but it is very difficult to integrate."
Dean Zhou, this project is very important.If you go back and coordinate with the microelectronic equipment company, you still need to strengthen the cooperation with several major domestic optical and mechanical institutes.The principles of lithography equipment are clear, and there are ready-made equipment, so we mainly have to overcome the difficulties of precision and system integration. ”In Xiao Bai's understanding, in addition to the insurmountable technology, the existing public technology can completely solve these problems.The most critical reason why the development of domestic lithography equipment is very backward is the lack of investment, and the key to the lack of investment is the lack of application.The lithography equipment industry is a very niche industry.The target customers are very limited, the market capacity is very small, and the investment motivation of countries around the world is seriously insufficient.If it weren't for Xiao Bai's belief that he would be stuck in this area in the future, he wouldn't be willing to do this thankless thing.The advantages of Pudong Microelectronic Equipment Co., Ltd. in the back-end lithography equipment are gradually emerging, whether it is advanced packaging lithography equipment, or lithography equipment used in the production of liquid crystal display devices, the market share is increasing.However, the company is struggling with front-end lithography equipment, not only the progress of research and development is slow, but also the market prospect is not very good.Without the full support of Times IC Manufacturing Company, the company's next road will be more difficult.This is probably also a key consideration for the magic capital, after mutual participation, the relationship between Pudong microelectronics and the era system will be closer.This can be said to be especially important for a company in a niche industry."
Xiao Dong, the 130N lithography machine of microelectronic equipment will definitely be successfully developed in the past two years.The biggest problem now is orders. ”Zhou Siyi knows Xiao Bai's long-term concerns, but there is no difficulty in supplying lithography machines now.Whether it's Nikon or ASML equipment, you can buy it with money, who wants to use domestic equipment?
At present, AUO has begun to adopt the advanced packaging lithography equipment of Pudong Microelectronic Equipment, and Times Optoelectronics has gradually increased the product procurement of Pudong Microelectronic Equipment.However, for IC manufacturing, the 280n step-by-step lithography machine of Pudong Microelectronics Equipment has only symbolically purchased two.However, with the completion of technical verification, some may be purchased in the future for the production of analog ICs with low process technology."
Dean Zhou, as long as their 130N lithography equipment is on the market as soon as possible, there will be no problem with future orders."
Xiao Bai encouraged Zhou Siyi, and some of the previous production lines of Times IC Manufacturing Company will be upgraded in the past two years.In the process of upgrading, lithography equipment naturally has to be repurchased.If the products of Pudong Microelectronics can be used and pass the technical verification, Times IC Manufacturing Company will definitely buy it.With sales, there will be profits, and the road of product research and development of Pudong microelectronic equipment will go smoother.This is the so-called virtuous circle, otherwise the money earned by the back-end lithography machine of other products will be used to subsidize the research and development of the front-end lithography machine, how far can the enterprise go?