squeak!!

With the extended version of Maybach, it stopped at the gate of SMIC's headquarters.

I saw two expressionless security guards jumping out of the Mercedes-Benz business car behind.

One left and one right guarded in front of Ye Feng's car.

Slowly opened the car door for Ye Feng.

Zhang Rujing saw Ye Feng through the bulletproof glass.

It feels like I have taken a reassurance in my heart.

Although Ye Feng is only a small shareholder of SMIC.

However, Ye Feng's achievements over the past few years have long been above him.

Zhang Rujing had long admired Ye Feng.

"Haha, Mr. Ye, you are finally here." Zhang Rujing laughed happily.

Ye Feng smiled: "Hello, Dr. Zhang, I hope I'm not late yet."

"It's not too late, not too late, let's go in and say."

Zhang Rujing reached out to pull Ye Feng.

Ye Feng said he didn't dare to do so, and he helped Zhang Rujing in turn, and the two walked side by side.

Behind them.

Song Yuanting and Wang Jianguo looked at each other and followed closely.

While walking towards the company headquarters with Zhang Rujing, Ye Feng recalled information about SMIC.

Since 2004, SMIC has been listed in Xiangjiang first and was suddenly sued by the international lawsuit of CNK. SMIC's stock price has been under tremendous pressure from the beginning.

The market's pessimistic expectations for lawsuits caused SMIC's stock price to break sharply on the first day of its listing, and then continued to fluctuate and decline.

Subsequently, SMIC could not hold back the long international lawsuit and reached an out-of-court settlement with JiCent. According to the settlement agreement, SMIC compensated JiCent for US$175 million, accounting for almost 50% of SMIC's annual revenue in 2003.

This is just the beginning. In 2006, CMC once again sued SMIC for failing to comply with the settlement agreement, accusing SMIC of using CMC technology in the latest 0.13 micron process.

The long-term officials fought repeatedly for three years.

California court opened, Jipeng won again, and SMIC was forced to pay a greater price to get a settlement:

On the basis of US$175 million, another US$200 million will be compensated, plus 10% of the shares.

It is said that the moment he received the lawyer's notice, Zhang Rujing burst into tears in front of the phone.

Another unknown condition for the settlement is that Zhang Rujing must leave SMIC.

A few days later, Zhang Rujing resigned and left SMIC, which had been fighting for nine years.

The loss of the case this time has had a very far-reaching impact on the entire Chinese chip industry.

The compensation caused the company's vitality to be greatly damaged and basically lost its ability to invest and expand. After being castrated in the shareholder structure, SMIC's investment in R&D in advanced processes was greatly reduced.

Around 2008, the generation difference between SMIC and CMC on Moore's Law was about less than one generation, and by 2015, this generation difference was widened to three generations.

That is, for the entire five years, SMIC has almost completely stopped developing advanced processes.

It has also caused China to catch up with the world's leading chip players for nearly 10 years.

Ye Feng thought about these past events and said in his heart:

"Dr. Zhang, I will not let you leave SMIC in this life, and I will not let SMIC repeat the same mistakes."

...

Just when Ye Feng first arrived at the SMIC.

Deputy Mayor of China Overseas Xu Wenyang also rushed over.

He kept working hard and was exhausted. As soon as he entered the conference room, he opened straight to the point:

"Mr. Ye, Dr. Zhang, I don't need to say more about the problem. You can speak freely if you have any ideas. The country will give you the greatest support."

Xu Wenyang's words were not aimless.

Since the 21st century, the country's support for high-tech industries has never been reduced.

The country has just passed the "Thousand Talents Plan" and needs to recall outstanding talents who have been living abroad through entrepreneurial support and talent subsidies.

In later generations, this plan also succeeded.

Most of the high-tech entrepreneurs who later listed on the ChiNext, SME Board, and Xinsanchuang came from the "Thousand Talents Plan".

Therefore, for Zhang Rujing, who came from Wanwan and served his motherland.

The country is determined to support it.

However, the one who sued Zhang Rujing was the veteran Zhang Zhongmou of Jidian.

The country also has many concerns.

Therefore, the official is not suitable for the official to come forward, and commercial matters can only be solved through commercial means. This is an important reason why the three of them met and negotiated.

"Mr. Ye has just come back, so I'd better talk first."

Zhang Rujing, who is still strong, raised his eyebrows and said seriously: "Jikong said that SMIC has obtained Jikong's commercial secrets and infringed Jikong's patents through various improper methods. If it has recruited more than 100 Jikong's employees, and some people are required to provide Jikong's commercial secrets. In addition, Jikong also said that a SMIC manager asked a former Jikong's manager to obtain semiconductor process technical information for him, which has seriously infringed on the company's business secrets."

Xu Wenyang looked around and the conference room had been cleared. Except for the three of them, no fourth person was present.

The surroundings of the conference room are protected by the security of SMIC and Ye Feng, so outsiders will definitely not be able to get close to it.

He lowered his voice and said, "Dr. Zhang, we are all our own people. Why did Jihuang deliberately sue us?"

"Ah..." Zhang Rujing sighed: "JacDian sued us as expected, because it was a matter of time. They filed a lawsuit at this time, first, to ask the North American customer base to give up our low-priced chips, and second, to set my listing plan and prevent us from attracting funds to grow."

The struggle between SMIC and JiChang is no longer a day or two.

In 2002, CDD suspected that the company's resigned female manager Ms. Liu was suspected of leaking important company information to SMIC by email and filed a lawsuit against the police station against the employee.

Looking back at the semiconductor market in 2003, although SMIC and Jilin were not on the same level.

In 2002, SMIC's turnover reached US$100 million, ranking ninth in the world.

The accumulated electricity supply is nearly 5 billion US dollars, the world's number one.

However, SMIC has seized the rapid growth period and is the largest chip market - the mainland Chinese market.

The two sides triggered a market price war, and SMIC implemented a low-price order grab strategy and achieved great results.

In the second quarter of 2003, it received a large order from its customers.

At the same time, major customer groups of CMC have also been visiting to test orders one after another, which has caused CMC to be the leader of the semiconductor industry to be alert.

Xu Wenyang frowned and said, "Dr. Zhang, just because you are competitors, they are deliberately blocking you? To be honest, did SMIC intentionally violate other people's business secrets?

"No, definitely not!!" Zhang Rujing said affirmatively.

"But, after all, hundreds of us SMIC people are from JiDian. They have JiDian's information in their minds. It is inevitable that the chips they make are JiDian's shadow."

Zhang Rujing introduced: "We have asked the U.S. District Court of Northern District of California to dismiss Jipin's lawsuit, which has no right to decide the case. It also clearly states that "theft of Jipin's commercial secrets" is simply impossible."

"However, CATL recently provided two new documents: their chips are 'strikingly similar' to SMIC's chips under the electron microscope. In another document, a former SMIC employee said he had witnessed SMIC's illegal behavior."

"Because of our employees and many of them are born with electricity, we are very likely to lose. And we have been in this lawsuit for more than a year, and I really don't want to delay it anymore."

Finally, Zhang Rujing sighed and said, "So, I want to choose an out-of-court settlement. Based on the opinions of our mediation intermediaries, we will pay approximately US$175 million to CPC."

"So much, can SMIC take out the money?"

Xu Wenyang was quite happy to hear that he could reconcile. But when he heard that it was nearly 200 million US dollars, he was shocked.

Zhang Rujing said: "The settlement lawsuit is beneficial to the company's long-term development. If SMIC will pay about US$175 million to CNPC, we will ask for installments. I estimate that it will be enough to pay US$30 million per year, which only accounts for 5% of the revenue. I believe it will have little impact on the company's business."

"Then, what about your opinion, Mr. Ye?"

Xu Wenyang turned his head and asked, Ye Feng never spoke from beginning to end. He felt very strange.

"A settlement is the optimal solution. You can compensate a little more. However, we cannot give in to the settlement agreement. The settlement agreement must bind the accumulated electricity. The infringement incident ends here, and the other party must never appeal!"
Chapter completed!