Whether the informal meeting held by Bingxin in Luzhou will be effective or not depends on subsequent developments, but at least it showed the mental outlook of Bingxin’s top management, which can be considered an encouragement to everyone.
From the list released by BIS on March 1st, although many manufacturers have quickly established new business interactions with ice cores and obtained new opportunities for domestic substitution, everyone is quite pessimistic about the future of ice cores.
This pessimism stems not only from the strength of the other party, but also from Bing Xin's silence, Yike's movements, and Mr. Fang's silence.
Ice core is indeed very powerful, pushing the level of manufacturing to an unprecedented level in China, but... will it be a flash in the pan? Will there be a wave of resignations in ice core? Will academicians Hu and Liang waver?
Another extremely important point is that once Bingxin loses its order from Yike, its hematopoietic function will be severely damaged. According to its own financial report information, it received 14 billion chip orders from Yike in 2014 alone.
If BIS's restrictions are followed, Bingxin will not only lose orders from Yike, but also lose technical cooperation between Yike and the companies affected by it. The former may still be able to obtain some compensation from some domestic manufacturers, but the latter is almost impossible.
Difficult to remedy.
The country has always called "Yike system" and "Yike system". At such a crisis moment, the value and charm of Yike to this system have become increasingly precious.
The interaction between Yike and Ice Core not only builds the excellent strength of the former's products, but also promotes the continuous progress of the latter's technology.
Now facing external pressure, this system will either fall apart or be squeezed closer by the pressure, and its direction will almost depend on Mr. Fang alone.
Mr. Fang has wealth, career and status, so what will he choose?
However, no matter what he chooses at such a moment, he will hardly be criticized. Yike and Bingxin have done enough. If Bingxin stops production and Yike changes manufacturers, can it be said that it is his fault?
On this occasion, the words "100% support for ice core" and "do it yourself, have enough food and clothing" were spoken from Mr. Fang's mouth in public, and everyone who attended the meeting felt refreshed.
However, at the same time, some doubts about the other party's general decision arose in everyone's mind.
There is no room for more detailed discussions in the informal industry meeting, and Fang Zhuo has no such intention. He just wants this meeting to show more about the stability and expectations of ice cores.
However, after the meeting ended, Chairman Bingxin had private conversations with many colleagues, and Fang Zhuo found that everyone was still asking about his attitude more.
It was uncertainty before, but now it is worry after certainty.
"Mr. Fang, the temporary license issued by BIS always has an expiration date. What should we do then?" Zhao Jinrong, the head of Northern Huachuang, was the first to communicate with Mr. Fang. He drank tea and did not ask about the ice core.
Instead, he asked about Yike.
"Just do what you have to do. If you have permission, sell it. If you don't have permission, don't sell it." Fang Zhuo said easily.
There were ripples in Zhao Jinrong's tea. He put down the cup and thought about Yike's achievements. It was hard not to show a strange look. He always had some long-term plans, so he couldn't just fall apart.
He looked at Mr. Fang, feeling that this person was a bit joking, but also felt that his eyes were very serious.
"Mr. Fang, you..."
"Well, Mr. Fang, that..."
Zhao Jinrong hesitated again and again, and for a moment he didn't know what to say appropriately.
"It's better for you to have it for your father and mother." Fang Zhuo said calmly, "This is not the matter of the Bingxin family in the first place. Yike cannot be alone. I never take chances. Mr. Zhao, this is the matter of our entire industry.
Regarding the matter, the Luzhou factory is also waiting for the equipment verification from Northern Huachuang, so you don’t have to worry about any vacillations in my decision-making."
Zhao Jinrong took a breath: "Mr. Fang, I'm not worried about your decision, I'm just worried about Yike... I don't know if this is right, I just feel sorry for Yike."
"The growth of the domestic smartphone market has a trend of slowing down, but there is still room for further improvement in the mid-to-high-end market." Fang Zhuo pondered for a while, "If Yike really loses the US market, we still have this growth hedge.
, Mr. Zhao, Yike’s size has reached this point and it is difficult to have more space. If there is space, it will be supported by our own family.”
"Just like I took SMIC as an example, Bingxin is willing to make the space for international cooperation more relaxed."
"Similarly, if Yike's market space is sluggish because of ice core, it will inevitably be reborn because ice core breaks the restrictions."
"But some people definitely don't believe it. It takes a lot of collisions to make people believe it."
Zhao Jinrong thought about the fluctuations in market value of tens of billions of dollars in the past month, and thought about more shocks in the future, and said sincerely: "This kind of competition is beyond human control."
"It's not that mysterious. It's just that many people think it's not there yet, but we think it's already there." Fang Zhuo paused and said, "We are still confident."
Zhao Jinrong nodded silently and said after a moment: "We at Northern Huachuang can only do our best to do the things we are doing."
Fang Zhuo took the initiative to stand up and stretched out his right hand: "This is my own business, and it is indeed everyone's business."
The head of Yike is very sincere, but he is used to showing different levels of sincerity when facing different people. Mr. Zhao, who cares about the future of Yike, talks about the changes in the domestic smartphone market and his own company.
judgment.
As for Yin Zhiyao, the head of Zhongwei, in addition to talking about these things, he also talked a little about his feelings and his personal position.
"Yike, Bingxin, and I, we have to compete to the end. This is actually not the decision now."
"Otherwise, we won't be able to do the wafer alliance or the A/B/C line of Huali."
"Mr. Yin, it's okay if others ask me. Why do you ask me like this?"
"I think my decision-making should not be taken for granted. Mr. Zhang and Dr. Jiang helped us and laid the foundation for the introduction and development of ice cores."
"Now that we have reached this moment, Mr. Zhang, Dr. Jiang and I are considered close friends. Isn't this decision surprising?"
Yin Zhiyao was poached back to China by his junior student Jiang Shangzhou. His company, China Micro, cooperated closely with Yike and Ice Core. Yike alone had a "China Micro Office", and the company's etching machine was already in Luzhou.
- Run in 3 factories, it is a globally competitive product.
Now I am very happy and impressed with the preparation and attitude of the Yi Ke Department.
He couldn't help but sigh: "As the saying goes, people are divided into groups. Mr. Fang, I really like what you said. Great companies will always go through life and death. The words you gave to Lao Jiang back then, I think are also suitable for you now.
Don’t be ashamed to be the best in the world!”
Fang Zhuo also sighed: "Mr. Yin really deserves the award, I just..."
He shook his head: "I just have money."
Yin Zhiyao immediately praised: "Okay, it's good to be rich, but you can't do anything without money. Mr. Fang, let me give you a drink with tea instead of wine!"
Fang Zhuo picked up the tea cup, signaled to Mr. Yin from afar, and drank half a cup of herbal tea.
After Yin Zhiyao said his goodbyes and left, the last person to meet privately today and who was also very valued by Fang Zhuo soon arrived. It was Wang Xinchao, the head of Changdian.
Changdian is in the process of acquiring STATS Chippac. If nothing unexpected happens, the acquisition will be completed in Q3, and the funds used for the acquisition of Changdian have also changed part of their sources, part of which comes from Yike.
After persuading from all sides, Wang Xinchao has acquiesced in the integration of ice cores.
However, this integration changed slightly on March 1 this year, which had to make him rethink the future.
In the final analysis, Wang Xinchao is still more willing to lead Changdian to complete the original plan and make the company a world-class packaging and testing company.
He walked into Mr. Fang's office, first nodded in greeting, then took the hot tea from the secretary, and then drank the tea in silence. He was the most indifferent person among the people who came tonight.
Fang Zhuo didn't mind this and drank tea slowly.
When the tea gradually became cold, he took the lead in breaking the silence and said: "Part of the business of Changdian after completing the acquisition will be affected. What is Mr. Wang going to do?"
Wang Xinchao didn't answer immediately. He drank tea one after another. After a while, he asked: "Mr. Fang, what do you want me to do? I also want to ask you what to do!"
He understood the meaning behind these words. Even if Bingxin was in this situation, he would not give up the acquisition of Changdian.
Otherwise, Changdian's packaging and testing business will not be affected by this crisis and will only be restricted by BIS after being acquired by Bingxin.
"Does Wang always want me to rush to Washington, break into the BIS office, and cross out the name of the ice core from their documents?" Fang Zhuo half-smiled.
Wang Xinchao said stiffly: "I didn't say that. The restriction on ice cores is due to the lack of care in the United States. It has nothing to do with ice cores and it has nothing to do with you. But if you ask me like this, how can I solve it? Mr. Fang
If you can’t solve the problem of ice core, how can I solve the problem of long-term battery?”
"Well, since Mr. Wang has no objections." Fang Zhuo nodded, "Then you just know our determination to compete to the end."
He signaled that the conversation between the two would end here.
However, Wang Xinchao did not stand up, but still said: "I have an opinion."
He has an opinion, and Changdian has a solution, which is not to be acquired by Bingxin.
"Then keep it." Fang Zhuo glanced at the head of Changdian.
Wang Xinchao guessed that Mr. Fang knew what he wanted to say. He pressed the table with one hand and stood up: "Mr. Fang, I have an opinion. I want to say that Changdian can retain its own operations. We have a global market in the field of packaging and testing.
Yes, this part can still bring great benefits!”
"Ice cores need deeper vertical integration." Fang Zhuo said lightly.
"Bingxin has..." Wang Xinchao didn't finish, and sat back down again, "Mr. Fang, I want to say this sincerely, I don't think Bingxin's current focus is on acquiring Changdian."
"Indeed, Bingxin's acquisition of Changdian is not the main focus, it is just a side trip." Fang Zhuo's eyes became sharp, "We have reached a consensus on this matter, and I don't think there needs to be any back and forth."
Wang Xinchao fell silent.
"The Yike Department is facing various challenges this time. If Mr. Wang is interested in adding another item to the ice core, there will be no problem." Fang Zhuo added a cup of tea and said calmly, "Since the Yike Department has done well, it is no longer important.
The preparation for the market also comes with the determination to implement the established strategy at any cost.”
Wang Xinchao thought about the violent shock caused by Yike's loss of the US market, and then looked at Mr. Fang's calm expression, and he could only see four words - kindness does not lead to soldiers.
What is no matter the cost?
Changdian has already used Yike's money for this acquisition. Although it is a major shareholder, its shareholding ratio does not have an overwhelming advantage.
What's more, the Yi Ke Department is bound to receive support from all levels.
He frowned and said helplessly: "Mr. Fang, I just think that the situation has changed and Bingxin's acquisition of Changdian may not be a good time in the near future."
"As long as Changdian continues its research and development, the global market will accept Changdian." Fang Zhuo said solemnly, "It will only be better if Changdian's R&D is placed in ice cores. Doing this well will naturally create a relaxed global environment.
"
Bingxin had previously established a joint venture with Changdian, but the cooperative research and development from different positions did not go smoothly, which led to Bingxin's determination to make an acquisition. Of course, this is also related to the equity structure of Changdian itself.
Wang Xinchao fell into a difficult silence.
"If Mr. Wang is really powerless, Bingxin can hire someone else. Anyway, there is always someone who is not afraid of Meilican." Fang Zhuo said at this time.
Wang Xinchao jumped up and glared at Fang Zhuo: "What's so exciting! Changdian must be affected. Didn't you lose more money than Changdian?"
Fang Zhuo replied: "I have money."
Wang Xinchao gritted his teeth and said, "It's good to have money, but it's great to have money!"
"Mr. Yin from Zhongwei said the same thing." Fang Zhuo suddenly wanted to laugh.
Wang Xinchao was shocked: "You even want to make a hostile takeover by China Microelectronics?!"
Fang Zhuo was at a rare loss of words tonight. He corrected himself after about ten seconds: "Bingxin has never been malicious towards Changdian, and I don't intend to acquire AMEC. Yin always praises me."
Wang Xinchao didn't understand how this was a compliment.
He rubbed his face and said very forcefully: "Okay, since you, Fang Zhuo, are so tough, then I will see if you are also so tough on the outside. If we integrate, we will integrate!"
Fang Zhuo nodded slightly: "Okay, the acquisition will be completed within the year. I hope we can make greater progress in the field of packaging and testing."
Wang Xinchao stared at Fang Zhuo for a few seconds, and then said his last words before leaving: "But I'm just not convinced!"
He strode out of the office.
Fang Zhuo was speechless for a while. If you're not convinced, just be convinced. It's no big deal.
It's already one o'clock in the morning.
Fang Zhuo drank the last cup of tea quietly, and after walking a few steps, he received a call from Qiu Ciyun.
"Mr. Fang, are you still asleep?" Qiu Ciyun said after getting through.
"No, I'm about to go back, why is Mr. Qiu up so late?" Fang Zhuo held the phone in his hand, and the cold air in the early morning made his inevitable fatigue subside.
"Dr. Liang is still here with me. Can we have a small meeting?" Qiu Ciyun invited.
Fang Zhuo glanced at the watch on his wrist and said with a smile: "I really want to promise you, but even my watch will remind me that I need sleep at one moment, and at the next it will remind me that I am too stressed. We still have to respect science. Tomorrow
How about opening again in the morning?"
"That thing of yours is unscientific." Qiu Ciyun said disdainfully.
"Take care of your health. I also want us to live together for a few more years so that our ice core trio can become a global sensation." Fang Zhuo said.
Seeing that he didn't come, Qiu Ciyun had no choice but to agree: "Okay, then we'll have another meeting tomorrow morning."
Just as he was about to hang up the phone, he suddenly asked: "The trio? What about Professor Hu?"
Fang Zhuo smiled and said: "There are four people in a trio. Isn't this common sense?"
Qiu Ciyun said "ha", and seeing Dr. Liang's tiredness across from him, he felt that he really needed to take a long-term view, although he felt that he could still work hard for three days and three nights.
"See you tomorrow, I hope it will be a sunny day."
