Chapter 551 Auckland Rescue

"I agree to establish a certain degree of cooperative relationship with microelectronic equipment companies, but I do not agree to cross-shareholding with the other party. Why do you say that? Everyone knows that microelectronic equipment has entered the field of lithography machines very early.

But they have not made much achievements in the field of high-end lithography machines.

If I remember correctly, Microelectronics Equipment has not made any technological breakthroughs since it developed the 90nm lithography machine. Their strength lies in mid- to low-end lithography equipment, and we have developed a 65nm exposure optical system.

I feel that in the near future, we will be able to make high-end lithography machines ourselves.

Therefore, I think we can cooperate temporarily, but in the long run, our two companies should be in a competitive relationship."

Dai Yuanjun’s attitude against cross-shareholding is very firm, and he is confident that he will produce the company’s own photolithography machine within the next three years.

So, why let others take a share of the pie?

Hu Yang glanced at him and didn't think there was anything wrong with what he said. Everyone's position was different, and the way they considered the problem was naturally very different.

The second person to speak was a representative of Beijing State-owned Assets.

"Everyone, let me share my opinion. I don't agree with Mr. Dai's opinion. He only considers the problem from his own interests, but ignores a reality. That is, the lithography machine is very precise.

The machine is not just an optical system.

For example, the alignment system is the highest level of precision machinery at present. If we do it ourselves, let alone three years, even five or six years, we may not be able to achieve a breakthrough. There are also dual workbenches. Currently, there are only AS&L and micro systems in the world.

Two companies can make electronic equipment that no one else can.

I would like to ask Mr. Dai, are you really sure that you can successfully develop it? So I think that joining forces with microelectronic equipment is the key to making the company bigger and stronger as soon as possible. There is no need to waste such a good thing by always thinking about eating alone.

Chance.

I agree with the cross-shareholding in Microelectronics Equipment, that’s all I have to say.”

As a representative of Beijing's state-owned assets, he looks at problems more comprehensively than Dai Yuanjun.

In the field of lithography machines, China lags behind foreign countries by at least twenty years. Now it has just begun to show some improvement. If we still cling to a little self-interest, catching up with others is empty talk.

Afterwards, representatives from the two optical-mechanical institutes also expressed their opinions. Since they did not have voting rights, their words were not so direct, but their meanings were similar to those of Beijing's state-owned assets.

The technical level is too far behind, and now we must concentrate our efforts on tackling key problems.

Hu Yang looked at the representative of the Integrated Circuit Industry Fund. The other person smiled and shook his head, indicating that Hu Yang should speak first.

The other party basically knew that although the microelectronic equipment company was a state-owned company, Hu Yang was also their major shareholder.

Others don't know it, but he knows very well that Populus euphratica has a strong influence on microelectronic equipment. This company can definitely be classified as a Huijia system, and it is not a core company at most.

So, how could Hu Yang object to cross-shareholding?

Since Beijing State-owned Assets has agreed to the cross-shareholding plan, adding the three seats of the Huijia group, the ratio is 4 to 1. It is useless for the entrepreneurial team represented by Dai Yuanjun to object.

Hu Yang smiled and said:

"Mr. Dai, there is nothing wrong with your idea under normal circumstances. However, we just need to grab time now. You may have heard of the supply interruption crisis of Xentong International some time ago. Now high-end lithography machines have become the mainstay of the domestic semiconductor industry.

roadblock to development.

I won’t make a high-profile statement here, but will talk about a practical issue. In three years or even five years, if companies such as Xentong International are unable to continue operations due to the lack of key lithography equipment, then the sales volume of our products will be unsustainable.

To whom? To S-Star or Taipower?

Everyone, our current key issue is how to survive, not anything else. Therefore, on behalf of Huijia International Investment, I agree to cross-shareholding with Microelectronics Equipment."

Hu Yang felt that it would be better to talk things out.

Maybe Dai Yuanjun won't be able to figure it out for a while, but it doesn't matter, the facts will prove everything.

We all hold a meeting to discuss it, the principles are put on the table, and finally a vote is taken. This kind of procedure is relatively acceptable.

The meeting ended here, and the results had been reached, and Hu Yang announced that the meeting was adjourned.

"Mr. Dai, wait a moment."

Everyone left the conference room one after another. Hu Yang hesitated for a moment, but still called out to Dai Yuanjun.

He was not familiar with Dai Yuanjun before, and he did not know the deeper temper of this person. Therefore, he planned to say a few more words.

After everyone else left the conference room, Hu Yang said: "Mr. Dai, what do you think we need to pay attention to when it comes to cross-shareholdings?"

Dai Yuanjun was already prepared to be "educated" by Populus euphratica, so he could explain it in passing, and the matter would be over.

In short, Dai Yuanjun will not bring his emotions to work.

He knows very well that after the introduction of funds from the Huijia Group, the control of the company is no longer in his hands. So, isn't it normal that his opinions are not adopted or opposed?

But as soon as Hu Yang opened his mouth, he had already bypassed this problem and instead asked him what issues should be paid attention to when signing a cross-shareholding agreement with Microelectronics Equipment.

Dai Yuanjun was stunned for a moment and couldn't help but laugh. It seemed that Mr. Hu did not have any bad opinion of himself because of his speech at the meeting.

"Mr. Hu, I think there are several aspects that need to be paid attention to. First of all..."

Dai Yuanjun relaxed and began to talk about several issues according to his own understanding.

This is actually a gesture. Although I am opposed to cross-shareholding, once the plan is approved by the board of directors, I will still actively support this work.

Hu Yang nodded and walked out of the conference room with Dai Yuanjun without saying anything else.

...

Zhang Xiao's side was even smoother, as Modu State-owned Assets was completely supportive of the cross-shareholding issue.

Therefore, Bolong Optical and Microelectronics Equipment quickly dispatched their respective negotiation teams to begin negotiations on cross-shareholdings.

The technical issues of negotiation are not complicated, and the most critical one is to evaluate the companies of both parties.

On the one hand, it is the evaluation of the company's assets, and on the other hand, it is the evaluation of the company's operating performance in the next three years, including revenue, net profit and other financial indicators.

This requires a process, and signing the contract will have to wait until after the Spring Festival.

Moreover, the matter of cross-shareholding is not urgent in the first place, and its impact is more on the future rather than the present.

After Hu Yang finalized this matter, he sat at the Charming Semiconductor Magic City Research Institute almost every day. Previously, Yang Chenglin was in charge of the work here.

News came back from North America that the second trial did not produce a result. In other words, it is impossible for Yang Chenglin to return to China before the Chinese New Year.

"Mr. Xia, please come back first and leave the rest to the legal assistant for now."

Hu Yang called Xia Bing and asked her to come back first, while Yang Chenglin's matters were temporarily handled by a legal assistant.

"Okay, then I'll go back first. Mr. Hu, it looks like this matter may drag on for a long time. Now the lawyer is trying to find a way to lift Mr. Yang's travel restrictions. If successful, he may be able to return to China to celebrate the Lantern Festival."

After two court trials, the general opinion is that Yang Chenglin’s case does not constitute a serious criminal offense.

That's why Xia Bing said that she could fight for it.

If the man comes back, it will be basically impossible for the United States to arrest Yang Chenglin again. Now it depends on what the Canadian authorities think.

After hanging up the phone, Hu Yang felt very unhappy.

It’s hard to say who was responsible for this. There are so many senior executives in the Huijia department. Who knew they would suddenly take action against Yang Chenglin?

Hu Yang has now begun to seriously consider Li Jie's suggestion. If the other party still doesn't let Yang Chenglin go in February, should he find a way to get him back through private channels first?

The next day.

Xia Bing was about to book a flight to return to China. The legal assistant came to her in a hurry and said that the judge had relented and promised to return Yang Chenglin's passport and allow him to travel abroad with restrictions.

What is restricted travel?

Hu Yang, who received Xia Bing's call, was puzzled.

"It means that Mr. Yang is allowed to go to these countries in the Five Eyes Alliance. If he goes beyond the scope of these five countries, he will be deemed to have abandoned bail and absconded."

The Five Eyes Alliance is the five countries of the United Kingdom, the United States, Canada, Australia, and New Zealand, mainly the Commonwealth.

But not only Populus euphratica, but also Xia Bing and others were confused about this strange condition.

But Hu Yang had a suspicion in his mind that something might happen to Lao Mei again.

“Mr.

Hu Yang knew that this was a variable, but it was impossible for him to let Yang Chenglin stay at the University of California, both emotionally and rationally.

Since there are five choices, he will definitely choose New Zealand, which is relatively familiar to him.

"Okay, I understand. What about your legal assistant? Should you continue to stay here or let him go back first?"

Xia Bing nodded. Since it was the boss's decision, she would implement it unambiguously.

"Let him go back to China directly, Mr. Xia, be careful and wait for my call when he gets to New Zealand."

After Hu Yang arranged these things, he hung up the phone.

After coming out of the temporary office, Hu Yang walked around the institute again before returning to Pudong International Building.

"Assistant Wu, please ask Li Jie to come in. I won't see any visitors or answer the phone within an hour."

Hu Yang returned to the office, washed his face first, and then asked Wu Xinhui to call Li Jie in.

After a few minutes, Li Jie knocked on the door and came in: "Boss..."

"Ajie, sit down first."

At this time, Hu Yang was writing something at his desk. Later, he stood up and walked to the sofa and sat next to Li Jie.
To be continued...