My Age of Investment

  Chapter 1105 The step is pulling the crotch (Norns leader 210)

  Even at the position of Xia Jingxing, there are some things that can’t be said nonsense, and you have to take responsibility.

  So he just tasted it, and didn't say anything further.

  But Zhang Rujing had already understood, he shook his head, which was a little groggy, and his whole body was a little more sober.

  The old man’s ability to withstand pressure is still very strong, and he will not be crushed by Xia Jingxing’s words. Some gaffes are already at the limit.

  Zhang Rujing thought about it calmly, and found that Xia Jingxing's words were true, and looking at the problem from a higher angle, Huaxin might be aggrieved by the overall situation.

  Xia Jingxing and Lin Xinhe didn't say a word, and waited quietly on the side.

After several minutes, Zhang Rujing said: "Mr. Xia, these words of yours are so shocking, I almost made a big mistake."

  Xia Jingxing smiled and said, “I heard that the lawyer advised you not to settle with Gulf Power, and insist on fighting the lawsuit?”

  Zhang Rujing nodded slightly. The lawsuit has lasted for five or six years, and there has been a lot of trouble. He was not curious about Xia Jing’s behavior so understanding, only when the other party heard some wind.

  "If lawyers win the lawsuit, they will have a good chance to become famous internationally. It is normal for them to lose, and they don’t have to go back."

  Xia Jingxing's face became extremely serious, and he stared straight at Zhang Rujing, "But you, Mr. Zhang, are undoubtedly a good scapegoat.

  Take you to quell the anger of Bay Power. Mr. Zhang over there is happy, and maybe he will raise his hand to let Huaxin International go. "

  Lin Xinhe noticed that Zhang Rujing's hands were clenched into fists at some point, and green veins swelled up on them.

  Lin Xinhe was secretly speechless, and secretly glanced at Xia Jingxing, the other party was smiling, still looking calm and calm.

   And Zhang Rujing, who is three rounds older and 36 years old, has been agitated by Xia Jingxing's words several times.

  Zhang Rujing didn't know why the young man opposite was so good, and his words pricked his heart.

  Some people's words are not yet outlandish, and every sentence is targeted and cannot be refuted.

  If he really surrendered himself as a "traitor", Zhang Old Thief would be very happy, maybe he would really stop tossing Huaxin.

The media often hyped the relationship between him and Zhang Zhongmou’s colleagues. In fact, when he was at Texas Instruments, Zhang Zhongmou was already the number three figure in the global chip hegemon. His superiors... Zhang Zhongmou reports directly to his work.

  In the eyes of Zhang Zhong, he is an ant-like character.

But it was him, a small person who made Zhang Zhong a feel threatened after three years of returning to the island, and then the other party colluded with the major shareholder of World University Semiconductor, which is the China Development Bank of Bay Bay, to deal with him, without notifying him of the CEO's situation. Secretly sold the company.

  He originally wanted to stay in Xicheng to help the mainland build factories to develop semiconductors, but at that time Masao Iwasato was in power, and the other party pressured the China Development Bank to not help the enemy, so he was forced to return to run World University Semiconductor.

   After finally getting up and running, it was sold again.

  Because he was really angry, he brought more than 300 engineers from World University Semiconductor to the mainland to start a new business.

  This incident undoubtedly fell on Zhang Zhong's face, so the other party has always held a grudge.

  In addition, the rise of Huaxin later affected Gulf Power’s market share with its low-price strategy.

  So from a business perspective and a personal emotional perspective, Zhang Zhongmou will never let him and Huaxin go.

   Zhang Rujing sighed, "Mr. Xia, you are right. As long as I step down and take all the responsibilities, Huaxin should be able to breathe a sigh of relief."

Xia Jingxing smiled and said: "You are a well-known factory construction expert. With equity financing and debt financing of a mere two to three billion US dollars, you have established four 8-inch production lines and one 12-inch production line within three years. This speed is unprecedented in the world, and it only cost so little money."

After receiving Xia Jingxing’s praise, Zhang Rujing smiled. Although this is the most proud event in his life, he still behaved very modestly. He explained: "The time when Huaxin was founded coincided with the semiconductor low ebb after the dot-com bubble burst. , So we have the opportunity to purchase a large amount of low-cost second-hand chip manufacturing equipment, simply catching up with the industry cycle trough."

Xia Jingxing smiled. Semiconductors, like panels, also have the idea of ​​"counter-cyclical investment". The worse the industry, the better opportunities for increased investment and low-cost construction. When the industry recovers, the gap with rivals is already Pull away completely.

"I also noticed that in recent years, Huaxin has successively established production lines in Magic City, Jingcheng, Jinmen, Jiangcheng, Rongcheng, and Pengcheng through acquisitions, joint ventures with local governments, financial leasing, and escrow. Chip foundry is involved in downstream packaging and testing, core-mounted color filter lenses and other fields. The scale is very large. I heard that you call it "diamond layout" internally."

  Zhang Rujing smiled bitterly, “Now shareholders have very big opinions on this layout, thinking that this is a disorderly expansion that affects the profitability of the company.

   But to be honest, semiconductor manufacturing pays attention to the scale effect, and the unit cost of one production line and ten production lines are definitely different.

  And the local government welcomes us to invest in semiconductors locally, land, people, money, whatever we want.

  For example, in the Jiangcheng factory, all the initial investment is paid by the government, and Huaxin is entrusted to operate and manage it. When the time is right, it will be acquired by Huaxin.

  In this way, the debt pressure is alleviated, and at the same time, production capacity is obtained. "

Xia Jingxing nodded slightly. This is actually the same as the establishment of several BOE production lines in Rongcheng. The government first advances the money, and then the enterprise develops. Debt-to-equity swaps or direct repayment are all possible. In order to attract investment this year, the local government It can also be called a long-sleeved dance, and the flowers are all out.

   "It's just that there is a problem with the latter production line construction method."

Talking with Xia Jingxing became more and more engaged, Zhang Rujing also gradually opened up his heart, and began to introduce: “For example, if you build a 12-inch production line and build it in Beijing, the demons are the base camp, can you not build it? If you don’t build it, some people will be unhappy. Up."

  Xia Jingxing smiled and said, "Shi Dazhu was so ruined back then. You must learn to refuse."

   Zhang Rujing shook his head, "It's not easy to refuse, after all, there are many places to deal with.

  Now that Huaxin has so many factories, only Modu and Jinmen factories are profitable, and the others are all at a loss.

  The worst thing is the Rongcheng factory. Last year, the 8-inch production line was just put into operation, and the price of memory chips fell into an avalanche, and the price was still lower than the cost price.

  We are now hurriedly switching to producing logic chips, but the export of technology needs to wait for the approval of the United States. Now they are still stuck in the review process, and I don’t know when they can be released. "

Xia Jingxing frowned slightly, Huaxin International's legs were not long enough, and the strides in the past two years were a little too large, and then accidentally pulled the crotch. Fuxing Semiconductor must learn a lesson, otherwise 100 billion won't be able to withstand the loss. what.

  (End of this chapter)