Hu Yang did not believe that the Shanghai State-owned Assets Supervision and Administration Commission would withdraw from microelectronics equipment unconditionally. Therefore, he did not express his opinion on Fang Quping's remarks, but motioned for the other party to continue talking.

"Mr. Hu, I am thinking that we can use our equity in microelectronic equipment to replace the equity of Bolong Optical. In this way, Bolong Optical or your Huijia department has strengthened its control over microelectronic equipment, and the city has also guaranteed

To maintain and increase the value of state-owned assets.”

Fang Quping was not polite and directly wanted the shares of Bolong Optics.

Hu Yang glanced at Fang Quping in surprise. This charismatic leader had really good vision.

There is no doubt that as a holding company of microelectronic equipment, the development of Bolong Optics will be guaranteed first. Coupled with Bolong Optics' strong technical strength and huge subsidies from the state, there is no need to worry about development funds in the next ten years.

So, did Fang Quping come to take advantage?

You can't say that.

On the one hand, the proportion of equity swaps still requires in-depth negotiations, and discounts are necessary. On the other hand, Modu State-owned Assets has withdrawn from microelectronic equipment, and Huijia is a "dominated company", which will make it easier to plan in the future.

In fact, Hu Yang has always had an idea. That is, in the future, Bolong's optical and microelectronic equipment will definitely be divided into industries.

After digesting and absorbing all the technologies of microelectronic equipment in the field of high-end lithography machines, the integration of personnel and technical forces is inevitable.

"I will seriously consider your proposal. In addition, for such a big matter, the company also needs to hold a meeting to discuss it. So, no matter whether this matter is successful or not, I will give you a reply within a week."

Hu Yang basically approved the plan proposed by Fang Quping in his heart, but he did not express his position on the spot because it was related to Bolong Optics and he still needed to discuss it with other shareholders.

"Okay! I know Mr. Hu is a happy person. Then I won't disturb you anymore and I'll take my leave."

Fang Quping didn't say anything to express his gratitude. It was inappropriate to say anything at this time, but he had a hunch that Hu Yang would eventually agree to his plan.

In the afternoon, Hu Yang called Zhang Xiao, Dai Xiangjun, Li Qi and others to come to the company. He told a few people about Fang Quping's thoughts today and wanted to hear their opinions.

"Mr. Hu, I think this is a good thing. If it really succeeds, the shares held by Bolong Optics will exceed 50%. Coupled with the shares of Huijia International Investment, our shareholding ratio in microelectronics equipment will exceed 50%."

Two-thirds."

What is the concept of more than two-thirds? In other words, within the scope allowed by laws and regulations, Huijia microelectronic equipment can do whatever it wants.

Therefore, Zhang Xiao’s opinion is to agree to Fang Quping.

"Mr. Hu, I think you can agree to it. However, the conditions for the equity swap may be more stringent. We can't let others take advantage of it, right?"

Dai Xiangjun was criticized by Hu Yang several times, and now he is not as narrow-minded in his thinking as before. What he said makes sense, and the negotiation conditions should naturally be set higher.

Li Qi said nothing else and expressed his agreement with Zhang Xiao's opinion.

"Well, next, Mr. Zhang will notify Mr. Xu and ask him to propose convening a board of directors meeting."

Within Bolong Optics, several major optical and mechanical institutes are not involved in the company's specific affairs. They originally held shares based on technology, which means they have no voting rights.

Jingcheng State-owned Assets has one board seat, and the entrepreneurial team represented by Dai Xiangjun has one board seat.

Dai Xiangjun is now completely on Hu Yang's side, and his seat is basically considered to belong to the Huijia faction.

Therefore, it is not difficult to pass this matter at the board of directors meeting, but the procedures must be followed. At the same time, this is also done to avoid any misunderstanding on the part of Beijing's state-owned assets.

Two days later, the board meeting of Bolong Optics was held at the company's headquarters. This time, Hu Yang did not attend the meeting. Xu Younian was in charge, so there would be no changes at all.

Sure enough, at the board meeting, the equity swap proposal was passed smoothly. Jingcheng State-owned Assets had no objections. Again, you can't take advantage of Magic City State-owned Assets.

After the meeting, Xu Younian did not return to the capital immediately, but was responsible for the negotiations with Modu State-owned Assets.

After less than a week of arduous negotiations, the two sides finally reached an agreement.

"Mr. Hu, you don't know that the negotiators in Magic City are really not simple. They have proposed at least ten or more calculation plans these days, each of which requires that the shares in Bolong Optics be accounted for more than 10%.

."

After Xu Younian signed the agreement with the Magic City authorities, he came to Hu Yang's office.

There is a negotiation team in the Magic City, and Fang Quping often participates in the battle himself. The negotiations between the two parties have been very explosive from the beginning.

However, the situation is stronger than the people. If Director You had actively supported the merger and reorganization plan proposed by Hu Yang, their gains from Bolong Optics would definitely be much greater than they are now.

Now that the Huijia Group has completed its absolute controlling stake in microelectronic equipment, the Magic City does not have much leverage anymore.

In the end, Modu agreed to exchange 8% of the equity of Bolong Optics for all the equity of the microelectronic equipment in its hands.

After the signing of the agreement, Bolong Optical's shares in microelectronic equipment increased to 390 million shares, accounting for 63.11%. If the 80 million shares held by Huijia International Investment are added to the total, the overall shares held by Huijia Group are

470 million shares, accounting for 76.05%.

At this point, the Huijia system has complete control over microelectronic equipment.

"Mr. Xu, I think that in the future, Bolong Optical and microelectronic equipment should have a division of labor. Bolong Optical focuses on the production of high-end optical devices.

Microelectronics equipment focuses on the production of mid- to low-end lithography equipment. In the future, all the mid- and low-end lithography equipment (assets and personnel) of Bolong Optical can be transferred to them.

As for high-end lithography machines, both companies now have production capabilities, so let’s leave it at that for now.”

Hu Yang plans to first integrate the basic businesses of the two companies. In the future, Bolong Optics will no longer produce mid-to-low-end lithography equipment, but will transfer all of it to microelectronics equipment, thus forming a scale advantage.

The current production capacity of high-end lithography machines has not reached the ideal state. Both Xentong International and Charming Semiconductor are waiting for the supply of equipment, so the two companies must work together to produce at full capacity.

However, in the future, the production capacity of high-end lithography machines will slowly migrate to Braun Optics. This is a trend decided by Hu Yang, and no one can stop it.

"It's not easy to think about it. When Mr. Hu said you wanted to acquire microelectronic equipment, we were not very optimistic about it. It was not a matter of strength, but because of the other party's unique shareholding structure.

Unexpectedly, in less than half a year, we have already acquired the microelectronic equipment. Now that the work here has been completed, I plan to return to the capital tomorrow."

From now on, the capital will be an important production and R&D base for Bolong Optics, and the joint laboratory established together with microelectronic equipment will also be placed there.

Xu Younian is relatively familiar with the situation in the capital, so he stays there most of the time.

Dai Xiangjun is the company's vice president and technical director, and he will spend most of his time in the capital in the future.

The Magic City has CEO Zhang Xiao in charge, and microelectronics equipment has Li Qi. This kind of staffing can be said to be a strong force.

After Xu Younian left the magical city, Populus euphratica also prepared to return to the deep sea.

After staying in the magic city for so long this time, although it did not affect the company's operation, he himself wanted to move.

At present, the overall situation of Bolong's optical and microelectronic equipment has been determined. Domestic high-end lithography machines are still stuck in the 45nm process for the time being. If we want to go further, it will indeed take longer.

As for EUV (extreme violet lithography), Braun Optics is still in the pre-research stage. There are countless technical difficulties waiting for them to overcome in the future. It is basically impossible to catch up with ASML in the short term.

But Populus euphratica's efforts during this period have paid off hugely.

The first point is to solve the photolithography machine supply problem of Xentong International and Charming Semiconductor. At least in the mainstream process (which is also the most advanced process at the moment), the Huijia series will not be stuck.

Many people look down on domestic equipment for many reasons, such as backward technology, slow technology updates, etc.

In Hu Yang's view, these people are often not in the production field. Because they simply don't understand that the correct choice is to first solve the problems that exist, and then solve the problems that are not good.

Because of microelectronic equipment and Braun Optics, ASML's 45nm process lithography machines can now be ordered at will, and the delivery time is very fast.

This is because of the pressure of competition. Otherwise, it would be very difficult for domestic companies to buy advanced lithography equipment.

What's more, Hu Yang has stayed in Shanghai for so long and finally integrated the advantages of microelectronic equipment and Bolong Optics.

In this way, the development of domestic high-end lithography equipment will be greatly accelerated, preventing the domestic semiconductor industry from always being manipulated in this area.

The suppression of microelectronic equipment in North America has not been said to have completely failed, at least it has not achieved the expected results.

Bolon Optical and Microelectronics Equipment has acquired Nikon objective lens technology, and it is only a matter of time before it develops its own objective lens.

This process will be very fast, because Bolong Optics includes several top optical and mechanical institutes in China, and already has technical reserves. Now it is just a matter of upgrading and transforming on this basis, and it will take no more than three months at most to produce results.

.

After solving this problem, several technologies that are subject to North America have also begun to enter the research and development stage. Some parts involving high-end machinery can be imported from Germany, and the other party does not impose any restrictions.

Coupled with Nikon's supply, it can be said that microelectronic equipment and Bolong Optics have completed the reconstruction of the supply chain.

"Assistant Wu, please apply for a route. We are preparing to return to the deep sea."

Hu Yang sat in the office and carefully sorted out the issues related to lithography equipment, and found that as long as it can develop normally, there will be no problems with domestic high-end lithography equipment.

So what about the suppression in North America? They think it hits the Achilles heel of the Huijia family. In fact, there is no suppression against Charming Semiconductor, which makes Hu Yang uncomfortable.

Again, the market for high-end lithography equipment is very narrow, and large sums of money are often invested in it without corresponding returns.

Some things are not impossible to make. If you don't care about the cost and are not afraid of difficulties like the Huijia system, there is always a way to think of it.

Why does Huijia dare to do this? It’s because Huijia’s semiconductor industry chain has almost formed a closed loop.

High-end lithography machines produced by Bolong Optical and Microelectronics Equipment can be sold to Xentong International and Charming Semiconductor.

The current situation is that although the two companies are operating at full capacity, their production capacity within one year is still unable to meet the needs of Xentong International and Charming Semiconductor.

Meng Rusong has already said hello. This year he will have to import some high-end photolithography machines from ASML, otherwise it will affect the company's production and operations.

The same goes for Charming Semiconductor. The newly built factories have reached the point of equipment installation and debugging one after another, and they are still waiting for the rice to be ready.

Three days later, Hu Yang, Tian Sichun, Xiao Yifei, and some of their entourage took a business jet back to the deep sea.

This time there were more people, and some people returned by civil aviation.

After coming out of the airport, Hu Yang and Tian Sichun took their son back home directly. As soon as they entered the door, the little guy seemed extremely excited. Maybe he still liked this place.

"Are you still going to the company today? How about a day off?"

During this period, Populus euphratica has indeed lost some weight. The acquisition of microelectronic equipment may seem calm on the surface, but few people can see the danger inside.

If the microelectronic equipment is lost, it will definitely be an immeasurable loss for the Huijia system. The loss is not only about half a year, but also the cornerstones of many small technologies. Without these cornerstones, Bolong Optics can still operate in
To be continued...