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Fang Zhuo started another mainland semiconductor industry inspection trip from Luzhou.
After the Spring Festival, Mr. Qiu Ciyun Qiu fully resumed work, Professor Hu Zhengming and Hu also made more appearances to stabilize people's hearts, Dr. Liang Mengsong Liang was fiercely attacking the 10nm process at SMIC, and in Luzhou, the upstream and downstream of the ice core industry chain were all different.
To carry out its duties, including the research and development of Xinyang Luzhou, it has obtained the best resource allocation within its domestic capabilities.
Although there is great downward pressure on Yike's production capacity, and although the operation of ice cores has been challenged, Fang Zhuo maintains the necessary patience, respects everyone's efforts, and does what he can within the industry.
Fang Zhuo had made a similar inspection trip with Zhang Rujing before. This trip was similar to the last one, but many projects had already blossomed compared to before.
This kind of progress seen with one's own eyes will undoubtedly make people feel good, and Fang Zhuo's visit this time gained a lot of respect beyond the usual enthusiasm, especially in Xi'an. First, there are storages stripped out of previous ice cores.
The production line, secondly, there is the old leader Judy.
He and his old leader hadn't seen each other for a long time. When they met, they didn't show any signs of life, so they just had a lively chat.
Qiu Di inevitably asked about the current situation of Yike and Bingxin. What he was most concerned about was the photoresist issue that was recently mentioned by Chinese and foreign media.
"Waiting, I don't know when the results will be available." Fang Zhuo answered truthfully.
Qiu Di's private chat was more straightforward and asked: "Is it true or false? What about Yike's production capacity? I don't think there is any news that your production capacity has been restored or is close to being restored?"
He has been paying more attention to the affairs of his old friends. After thinking about it, he continued: "If it is not true, can those short sellers who are shorting Yike stock run away?"
"You still care about this?" Fang Zhuo said with a surprised smile, "The financial market is uncertain. Do you believe what I say, or do you believe their guesses?"
Judy looked at Mr. Fang and shook his head: "You are not a technical person, do you know that much about ice cores?"
"This..." Fang Zhuo really couldn't refute this aspect.
"Besides, sometimes you don't know whether what you say is true or false." Qiu Di sighed, "You, Mr. Fang, are so smart, how can you be trapped by such a problem?"
"This is not a problem, it's just that it attracts more attention." Fang Zhuo said, "Look, now even Yike's mobile phone is surrounded by people."
Judy frowned, and after a moment sighed: "The wind and rain are coming, and the debris is rising."
"Fortunately, these are all expected problems. For short sellers, their methods remain unchanged. They are nothing more than a new batch of vultures." Fang Zhuo said with a smile, "For those who make mobile phones, Yike has never been afraid of competition.
, I still believe in our brand power in this regard. After all, we have been one of the leaders in the development of smartphones from 2007 to now, so we have relative pricing power."
He took a sip of tea and continued: "Anyone else engaged in e-commerce and payment is just an old rival. It's not surprising that there will be temporary ups and downs."
Qiu Di said "tsk". This time when he met Mr. Fang, he was already acting like a master.
Fang Zhuo saw the look on the old leader's face and smiled: "Yike has almost no extra work this time. It just focuses on research and development and breakthroughs in key positions. This has yielded results and most of the problems have been solved."
Like this time's short selling and counterattack, although there is a difference in the final harvest, Yi Ke does not rely on Washington's decision-making or DuPont's restoration of supply. If it has these, it will definitely make a huge profit, but if it does not have these, Yi Ke will
As long as Coke makes a breakthrough in photoresist and the company's future expectations rebound, the short sellers will naturally disperse.
Therefore, Fang Zhuo actually didn't pay much attention to financial operations. On the contrary, the gasoline man was very enthusiastic and probably wanted to wipe his sign.
Not only that, when he came out of Luzhou and saw different industrial links in different cities, his whole person gradually changed from a state of focusing on problems to a more comprehensive consideration.
Ice core is very important, there is no doubt that photoresist is critical, there is no doubt at this stage, but Fang Zhuo is not only the chairman of ice core, but also the head of Yike.
What ice core provides are advanced manufacturing tools, and how to use this tool to generate greater value is what Yike and even the Yike department need to explore.
There are problems with the former at this stage, but it does not mean that there are no problems with the latter.
Fang Zhuo was chatting with his old leader about the semiconductor industry chain, and in the second half of the conversation, to Judy's surprise, he was talking about the changes in the entire environment.
"Mr. Fang, do you think the Internet is about to usher in a stock era?" Qiu Di was surprised.
"Different companies have different perceptions in different market environments, but for us at Yike, hey, we sell mobile phones. Although our own products are in a special situation this year, looking at the entire market, this growth rate should be at an all-time high.
Slow down." Fang Zhuo said the signal that Yike could feel.
Last year, according to IDC data, global smartphone shipments reached 1.43 billion units, a year-on-year increase of 10.1%, but Q4 growth has slowed to 5.7%.
The data for the first quarter of this year has not yet been released, but IDC also has a general assessment, and then using it to measure the trend for the whole year, there is indeed the possibility of continued slowdown or even stagnant growth.
Yike sells mobile phones, so it naturally uses the most personal data to make predictions, evaluate strategies, and look forward to development.
Changes in hardware sales are an indicator, but it may bring about changes in the mobile Internet in the future, or even some reaction to the overall economic trend.
Yike cannot respond until the market has truly transformed into the stock era, and must make arrangements in advance.
This is what Fang Zhuo considered after coming out of Luzhou, to make increments and make the cake bigger. This is what he has been doing in the past, but how to divide the cake will be a test in the future.
Moreover, it is also necessary to find new driving engines from technology research and development, which is also very important.
Yike is now trying. The electric vehicle of the "Kunpeng" project is a move. However, Mr. Fang is still hesitant about it and is also observing and waiting for verification.
Relatively speaking, what he wants to see more is simple but not simple business logic, such as computer CPUs that are still based on advanced processes.
It's not easy, but I can see Yike's opportunity here at a glance.
Yike's notebooks have sold well in the past two years, but Fang Zhuo believes that there is still room for Yike to compete in this relatively traditional field.
Fang Zhuo looked at the entire semiconductor industry chain, but his thoughts focused more on products and technologies with higher added value in the semiconductor field.
After hearing such words, Judy seemed to see the old friend in front of him constantly reading documents and visiting the scene.
He said sincerely: "Mr. Fang, before I met you, I thought Yike's crisis was very difficult. But after meeting you, I suddenly felt that Yike still has a long way to go."
Fang Zhuo laughed "haha": "Actually, my mental state is still very tense. I haven't slept much recently, but Yike is doing well internally. The market has withdrawn, the stock price has fallen, and production capacity has been limited. There are many things...but, you
Guess what’s the number one hot post today on our company’s intranet?”
Judy took a guess: "Photoresist production capacity news? Wall Street short selling?"
Seeing that Mr. Fang shook his head repeatedly, he refused to continue guessing and wanted to see the result.
Fang Zhuo opened his phone with a smile and showed the current hot posts on the intranet to the old leader.
Judy took the phone, glanced at it, and looked up in shock.
Fang Zhuo shrugged.
Today's No. 1 hot post on Yikenet: Master Liu from the cafeteria has retired, and I have begun to miss the taste of his cooking!
The second hot post: Which one is higher or lower between Yike Canteen and Bingxin Canteen?
Qiu Di really felt some of the atmosphere inside Yike. It seemed that there was really not that much tension, but it also seemed that it was a little too relaxed.
…
The news citing a senior executive of the China Wafer Manufacturing Alliance does not seem to be confirmed.
Did Yike solve the photoresist problem?
Yike has no voice, Bingxin has no voice, there is no movement at the administrative level, and there is no movement from the employees. The only ones who have any movement are the short-sellers who are running wild.
Here it comes, a ferocious $7.19 billion!
Gone, a feeble $3.67 billion...
When the institutions that shorted Yike were ridiculed by the crowd, Russell of RC Hedge Fund really felt the embarrassment. He was a member of the short sellers with an open stance, but he couldn't help but see the unconfirmed news from China.
Nearly half of the position was immediately reduced.
What's more, he even knew that some of his colleagues left immediately.
However, Russell waited for a week and saw neither formal or informal remarks from Yike and Bingxin, nor any changes in the supply of Yike mobile phones.
Looking back, this unproven news seems not worthy of such a big reaction...
Russell thought carefully and not only used some institutions' observations on Yike's shipments, but also asked BIS for its opinions, and the latter believed that the semiconductor industry in mainland China could not solve the photoresist problem in the short term.
"Hey, Russell, this time may be two years, maybe three years. You have to know that this is an extremely sudden measure for them, and it is impossible to solve it quickly."
"If the ice core production capacity can be restored in two years, we all think this is a great thing."
"Russell, this is a perfect raid, trust us."
Russell respected the opinions of professionals, but he also communicated with peers before making a decision, such as Bridgewater Associates, which had participated in shorting Yike but suffered losses.
Bridgewater Fund is more decisive than RC Fund. It is decisive in withdrawing after hearing bad news and re-entering after seeing no movement.
"Russell, this is fake news. Everyone has overreacted. Besides, Yike's expectations must be lower. It's just a matter of how low it is. We are firmly bearish on Yike."
Russell asked the other party: "Why did you leave before Bridgewater?"
"Afraid." Edson, the fund manager responsible for this move at Bridgewater Associates, was extremely honest and asked, "Aren't you afraid?"
Russell: "..."
Really scared.
As soon as the news from China came out, Yike's stock price was directly pushed up, and it caught up with the concerted actions of its peers. This time it has already suffered a lot.
No matter how the American media describes the wrong decisions of the leader of Yike in recent months, no matter how BIS restricts Yike and Bingxin, but...
But, that’s Mr. Fang!
Russell responded to his counterpart's question: "No, I'm not scared."
Edson was surprised: "Really?"
"Yes." Russell said seriously, "I just do it out of total respect for the other party."
Edson laughed loudly: "Very good, if you have the chance to meet Mr. Fang, you should tell him this personally."
Russell had already made his decision and continued: "But now also out of the other party's total respect, RC Fund has decided to contribute to the collapse of Yike."
"I like what you said, this time is different." Edson said, "This time is not business, not finance, but politics. Mr. Fang has already obtained a lot of things, and now it's time for him to pay the bill."
Russell also liked Ederson's description.
He ended the call with his colleague, thought about and sorted out the relevant data, and then updated a message on Twitter: #买球时#.
To a certain extent, Yi Ke had eaten the Overlord Dinner with the White House the last two times, but this time it was different. Now Mr. Fang had to pay for it together.
On the last day of March, Nasdaq again announced short positions.
In just two weeks, the short position of Yike has returned to US$7 billion again, and has exceeded the end of last month, approaching the next level at US$7.87 billion.
The short sellers rushed in more violently than last time, becoming another source of news reports.
…
Xinyang Laboratory, Luzhou, China.
The quantity of Yike's products is in short supply, the photoresist for ice cores is decreasing day by day, Wall Street is aggressively selling short, and the media are rushing to report and predict the decline of Eastern enterprises, but these seem to have nothing to do with the laboratory here in Luzhou.
As one of the persons in charge of R&D, Chai Qingliang knows that the work at hand is of great significance, but he himself has a lazy temper and just calmly does the work at hand and thinks about the problem.
On April 1st, April Fool's Day, all employees in Xinyang like to eat in Bingxin's canteen at noon, or in other words, if they can choose, everyone is willing to eat here.
The food in Bingxin Canteen is of a very high standard. It is said that in a certain year, Mr. Fang specially invited chefs from all over the country.
Because yesterday's Nasdaq data was released, the topic in the cafeteria today was somewhat related to Yike's short selling.
Chai Qingliang ate in silence while listening to his friends talk about Yike's short squeeze that once shocked the world.
Okay, that seems very powerful, but what does it have to do with the work you are doing?
Well, if the ArF argon fluorine laser photoresist is used at 16nm, if it wants to have good transparency and photosensitivity to deep ultraviolet light, it still has to pursue a cyclic polymer with higher transparency, etching resistance and chemical stability.
To establish a new resin system, poly(para-hydroxystyrene) and its deuterated or chemically modified derivatives were used in the past. Now it is necessary...
"Hey, hey, Lao Chai, are you listening?" Tong Yongjian, who was narrating the glorious financial history of Yike across the street, noticed that his friend seemed to be distracted.
"Oh." Chai Qingliang looked up blankly, then lowered his head, wrote a chemical formula on the table with his fingers, and said thoughtfully, "I thought of a new polyester cyclic acrylate, um, I need to try it.
New ring family structures."
"Really? Is it useful?" Tong Yongjian suddenly felt a little discouraged.
Chai Qingliang shrugged and said calmly, "Let's try it, um, polyester cyclic acrylate."
This chapter has been completed!