Chapter 649(1/2)
: Raising Placards
afternoon.
Hu Yang attended the board meeting of Xintong International.
Although North America did not directly suppress Xentong International this time, everyone in the company realized that there is no smoke without fire, and the public opinion building in North America might be a preview of the next crisis.
Finally, the board of directors reached a consensus to fully support the development of domestic lithography equipment, and sent people to discuss with Bolong Optical, actively participate in the research and development of the other party's complete lithography machine, and also proposed to invest in Bolong Optical.
In fact, high-end lithography equipment is a very niche product, and the alliance between equipment manufacturers and application manufacturers is the general trend.
For example, ASML not only absorbs funds from companies such as S-Star, Taipower, and Intel in the research and development of EUV (extreme violet lithography) projects, but these international giants also hold a small part of ASML's equity.
.
Hu Yang is happy to see Xintong International's initiative.
"Mr. Meng, everyone, let's have lunch together?"
Zhang Rulin did not attend today's meeting because he was on vacation abroad. All other directors were present. After the meeting was over, Hu Yang invited everyone to have lunch.
This is such a small thing, but everyone is still very considerate of it.
The current operation of Xentong International's entire company basically revolves around Meng Rusong. There is no way, if someone has the ability, he should get the corresponding respect and power.
Therefore, under normal circumstances, the proposals proposed by Meng Rusong in the board of directors rarely fail to pass.
In addition, Hu Yang’s control over Xintong International is getting stronger and stronger, and Meng Rusong is his confidant. Many factors have contributed to the current situation, and the company has truly embarked on the fast track of rapid development.
All the directors who attended the meeting happily had lunch together before leaving. The specific work fell on Meng Rusong, and he would definitely be busy for a while.
"Mr. Hu, would you like to say hello to Bolong Optics, is that okay?"
Hu Yang and Meng Rusong came to the end. Meng Rusong hoped to speed up the negotiation process with Bolong Optics, so he begged Hu Yang to use his influence.
"No problem! I think the strategic alliance between Xentong International and Bolong Optics can be regarded as a real win-win situation.
I will talk to Charming Semiconductor later and ask them to participate. In this way, your two companies will have a stable supply channel for high-end lithography equipment, and Bolong Optics will not only have long-term stable customers, but also equal to
It’s an additional financing channel.”
Hu Yang readily agreed, and the plan proposed by Meng Rusong was also an internationally accepted approach.
No matter from any angle, he had no need to object.
"With Mr. Hu's intervention, this matter will be settled. Well, I'll take the first step. There are too many things in the company. When I'm free, I'll drink with you."
Meng Rusong got what he wanted and walked away.
Hu Yang watched the other party get into the car and watched the car drive away. He couldn't help laughing and scolding: "This world! Even Meng Rusong has become so realistic!"
Of course, this was just a joke. After Hu Yang got into his car, he called Xu Younian and asked him to hold a company board meeting on next Monday.
There are still five days between now and the meeting. Hu Yang hopes to unify his thoughts with Xu Younian and others first to avoid mistakes at the board meeting.
Xu Younian notified all the directors of the company and rushed from the capital to Shanghai.
"Mr. Hu, Xintong International has sent people to contact us. Mr. Dai and I are still very interested in their plan."
The night before the temporary board meeting, Hu Yang, Xu Younian, Zhang Xiao and Dai Xiangjun dined out together.
After drinking to his heart's content, Zhang Xiao changed the topic back to Xintong International's plan.
Strictly speaking, this plan is a bit like cross-shareholding, but it is not exactly the same. This time it is just a one-way shareholding, that is, Xentong International plans to hold a small part of the equity of Bolong Optics through private placement.
The specific proportion has not yet been negotiated, but in principle it should be no more than 20%.
"Mr. Xu, what do you think?"
Since Zhang Xiao started the conversation, Hu Yang simply discussed the matter with them while drinking.
"I agree with Mr. Zhang's opinion, but I think it's better to think more carefully about this matter. For example, if Charming Semiconductor intends to do this, the company might as well consider them in the new round of additional issuance."
Xu Younian had not seen Populus euphratica before today, so he did not know that Populus euphratica had this idea.
"I have discussed this matter with Mr. Yan from Charming Semiconductor, and he has clearly expressed his great interest in taking a stake in Braun Optics.
He has been on patrol in other places recently, and he is expected to arrive in Shanghai at the latest tomorrow afternoon. Mr. Zhang, you will still be responsible for negotiating with them at that time, and the conditions will be the same as those of Corecom International."
Anyway, if Charming Semiconductor is added, the total amount of additional issuance will not change. By then, the two companies will equally share 20% of the shares, and no more will be possible.
Zhang Xiao and Xu Younian both nodded, thinking that Hu Yang's arrangement was good.
Dai Xiangjun smiled and said:
"Mr. Hu, they have locked up our equipment, so we don't have to worry about sales in the future. However, Xentong International has very high requirements for equipment, and I hope we won't disappoint them!"
Watching what happened to microelectronic equipment, these guys here can't help but feel a bit sad.
Dai Xiangjun knew that Zhang Xiao's work on establishing a new supply chain was not going very smoothly. So, can the company's high-end photolithography machines really achieve mass production in half a year?
Of course, he would not say such discouraging words in front of Hu Yang.
Listening to the words, Hu Yang immediately understood Dai Xiangjun's hidden meaning. However, he did not say anything, but looked at Zhang Xiao.
"Mr. Hu, it is currently difficult to build a supply chain, but it is not unsolvable. Please give me a little more time, I won't let you down!"
Zhang Xiao has his own ideas. He has only been with Bolong Optics for a short time. If he cannot complete the task this time, it will inevitably affect his status in the company.
Therefore, he could not accept failure no matter what. He could only give it a try.
Hu Yang admired Zhang Xiao's spirit of daring to meet challenges very much.
He looked at the other party and said: "Mr. Zhang, let's work hard together. Everything depends on human effort, and there are no obstacles. In addition, Mr. Dai, don't think that the addition of Xentong International and Charming Semiconductor will dilute the income of the original shareholders, lock in sales in advance, and let the
Their involvement in research and development is very beneficial to the development of the company."
As Dai Xiangjun is a small shareholder of the company, regardless of whether he has other thoughts, Hu Yang must make it clear to him in advance.
Dai Xiangjun quickly expressed his position and said: "Mr. Hu, I have no objections and I don't have any unnecessary thoughts."
Hu Yang nodded and stopped talking. They are all smart people. Some things can be revealed in just a few words. There is no need to say too much.
The next day.
Bolong Optical's additional issuance plan was approved by the board of directors as expected.
The next thing is to discuss the specific details from several aspects. The board of directors has authorized Xu Younian to take full responsibility and strive to reach an agreement as soon as possible.
Hu Yang did not interfere in these matters. He was very relieved about Xu Younian, Zhang Xiao and others. However, he himself was not idle for a while. He was always paying attention to the changes in microelectronic equipment, especially the stock price.
change.
Hard work pays off. As soon as he got to work that morning, Yu Hongbo rushed in and said: "Boss, Microelectronics Equipment issued a performance warning announcement this morning. The opportunity we have been waiting for has come."
As of yesterday's close, the stock price of Microelectronics Equipment was 12.53 yuan. In the morning, the company suspended trading for an hour and issued an announcement.
The announcement clearly describes the difficulties the company is currently facing. Some parts in reserve are less than three months' worth. Due to restrictions in North America, the company will face the risk of suspending production of high-end lithography machines within three months to three months. It is expected that the full-year
There will be a loss in performance.
"Then get ready to take action. The selling price is expected to be huge when the market opens. You can start buying here."
The circulation of microelectronic equipment in the market is not large, with only 80 million shares. The number of shares that can be absorbed is not large, but it is very meaningful.
This time, the purchase of microelectronic equipment stocks from the secondary market was done in the name of Bolong Optics.
The last board meeting held by Bolong Optics has authorized Huijia International Investment to operate for them, and the money has been transferred to the securities account.
"Okay, boss!"
Yu Hongbo suddenly became energetic and ran out immediately. He and his team had been preparing for a long time, and of course they would not miss this opportunity.
Microelectronic equipment stocks resumed trading after an hour's temporary suspension. However, the huge amount of selling immediately sealed the limit, and the price was fixed at 11.28 yuan.
"Assistant Yu, what should we do now? Do you still want to buy it?"
A huge limit drop often indicates that there will be a certain decline in the later period. As for how much it will fall, it is difficult to estimate.
Yu Hongbo looked at the closing order and saw that there were approximately tens of millions of shares waiting to be sold.
"Start buying, in batches, with a limit of 10 million shares."
Yu Hongbo felt calm and still issued the order according to the plan.
Therefore, when many investors abandoned microelectronic equipment, the large amount of buying was surprising.
During this period, Microelectronics Equipment opened the lower limit three times, and then sealed it tightly. Many short-term investors did not dare to enter the market. It is obvious that the long funds that rushed in today have been suppressed.
After Yu Hongbo bought 10 million shares, he stopped all actions. In the next few days, there is a high probability that microelectronic equipment will still fall.
He plans to change his operating strategy next and continue to buy slowly, instead of throwing in hundreds of millions of yuan as aggressively as he did today.
In the following days, Hu Yang basically stayed in Yu Hongbo's office every morning. Yu Hongbo and several assistants directed a team of dozens of people to operate several separate accounts.
The stock price of microelectronic equipment did not fall continuously, but it soon fell below the ten yuan mark.
"Boss, our buying operation is over. In this operation, a total of 33.4 million shares of microelectronic equipment stocks were purchased, with an average transaction price of 10.33 yuan."
After Yu Hongbo ended his buying action, microelectronic equipment finally rebounded. The rebound was not small, and the stock price subsequently fluctuated around 12 yuan.
There is no way around this. If you buy stocks that exceed 5% of the company's total share capital, you must notify the listed company, stock exchange and regulatory authorities and issue an announcement, which is commonly known as "raising a placard."
Bolong Optics' placard-raising action forcibly reversed the tragic decline in microelectronic equipment. However, due to the sharp deterioration of the company's fundamentals, Bolong Optics' prospects are not optimistic about the market, so there is no sufficient motivation to rebound to 12 yuan.
To be continued...