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Chapter 685 Internal Competition(1/2)

"Haha, it seems that Mr. Chen has not done any risk control work at all."

Hu Yang smiled, he knew that Chen Jialin looked carefree on the surface, but he was meticulous at work.

After he established the fund, he actually established a strict internal risk control mechanism. Therefore, it is impossible for Zhang Ming to get all the company's secrets.

"Yes, the lawyers also said that the existing evidence is still favorable to Mr. Chen. Of course, it is not that difficult to completely overturn the accusation. If you plan to reconcile with the prosecution, the success rate is still very high."

Xia Bing nodded, agreeing with Hu Yang's statement.

Precisely because Chen Jialin set up an internal isolation system, the secrets everyone had were one-sided and unsystematic. Therefore, Chen Jialin had the capital to save himself this time.

According to the lawyer's speculation, the prosecution will step back step by step, and Chen Jialin will have an opportunity.

"When is the next court session?"

Hu Yang also relaxed. Even if he had to pay a large fine in the end, it would still be more cost-effective than letting Chen Jialin go to jail.

Neither he nor Chen Jialin are short of money. After this incident, Hu Yang will ask Chen Jialin to get out of the fund. He will never be allowed to engage in these tricks again, and he will just do a good job in the business honestly.

"The next court hearing will be in three months, and it is expected to be another protracted lawsuit. Boss, in the next month or two, in addition to paying attention to the lawsuits in North America, I am also planning to conduct a nationwide survey to conduct a thorough review of our entire

Check the supporting situation of the industrial chain."

There is a support team in Xiangjiang, and Elbe Semiconductor has also sent people to North America. In fact, Xia Bing only needs to keep paying attention to these two things, and does not need to spend all his energy on these two things.

A lawsuit.

"Okay! However, Mr. Xia, you still have to cooperate with Mr. Mu on some matters. You must have noticed that day that Mr. Mu was dissatisfied with the current situation of Huijia Holdings."

When Hu Yang established two companies, Huijia Holdings and Huijia International Investment, his original intention was to focus on the domestic market and the international market.

However, after Huijia International Investment withdrew from North America, its business had a high overlap with Huijia Holdings. Moreover, Huijia International Investment had obvious advantages in capital operations, corporate mergers and acquisitions, etc., and Huijia Holdings gradually gained edge.

ization trend.

This is not a question of whether Populus euphratica is partial or not, but is caused by historical reasons.

Hu Yang is happy to see the healthy competition between his two investment companies. But now, the balance has tilted, and he cannot ignore it.

"Boss, did Mr. Mu complain to you? He is so glass-hearted that he cannot bear any grievance. Okay, I understand, and I will avoid excessive competition with them."

Xia Bing couldn't help but smile. She and Mu Shaoqing had a good personal relationship, but she didn't care much about the disputes over work.

Hu Yang noticed that Xia Bing was talking about avoiding excessive competition, rather than avoiding competition. This showed that Xia Bing knew what he was thinking, and this was also the answer that Hu Yang hoped to get.

Three days later, Xia Bing left the deep sea with a working group and began her nationwide research activities.

Mu Shaoqing didn't just sit in the office, he also went to Dingxin Technology.

As a result, he arrived at the place on the first day, and unexpectedly met Zhang Rulin the next day.

"Director Zhang, we haven't seen each other for a long time. How are you always?"

Zhang Rulin basically no longer cares about the affairs of Xintong International. He resigned from the position of chairman of Xintong International last year and only held the title of honorary chairman, but still retained a seat on the board of directors.

Mu Shaoqing and Zhang Rulin are no strangers, and the entire Huijia department's senior management respects the founder of Xintong International.

But he didn't expect to meet Zhang Rulin in such a small company.

"Haha, my old bones are not bad. I have basically ignored the company's specific affairs in recent years, but my body is in good health.

Mr. Meng was very busy there and couldn't leave, so I took the initiative to invite Ying to come and take a look. After all, it is a major matter involving production equipment, so we can't be careless."

In the semiconductor field, it is very difficult to achieve de-North Americanization.

Producing chips includes diffusion, photolithography, etching, ion implantation, thin film growth, polishing, metallization and other steps, involving many equipments. To completely bypass North America is not something that can be done overnight.

But there are some things that must be done. Otherwise, you can’t shut down the factory after the supply is completely cut off, right?

When Mu Shaoqing heard Zhang Rulin's answer, he smiled knowingly: "Director Zhang, let's go in together."

Xintong International and Huijia Holdings are consistent in terms of general strategy, but they are different in terms of specific purposes.

Xintong International is to provide localization alternatives, while Huijia Holdings is to provide help to Dingxin Technology on the financial side.

Throughout the morning, the two of them visited the entire company under the leadership of the founder of Dingxin International. Even the technology research and development department was completely open to them.

After lunch, Mu Shaoqing invited Zhang Rulin to sit in the teahouse.

Zhang Rulin did not refuse and accepted it happily.

"Director Zhang, you are an expert. What do you think of the technical level of Dingxin Technology?"

During the morning visit and investigation, Dingxin Technology’s senior management also gave Mu Shaoqing and Zhang Rulin a very detailed explanation.

But Mu Shaoqing knows that small and medium-sized enterprises like this often exaggerate in order to raise funds.

"Well, I think their products will be usable after they come out. As for the technical level, of course there is a big gap with the international giants.

Mr. Mu, we can't be picky now, we're lucky to be able to replace them. However, I will put forward some more index requirements for them in the afternoon to minimize the impact on the company's yield rate."

Zhang Rulin naturally looks down on the technical level of Dingxin Technology, but he is right in saying that when there is no choice, something is better than nothing.

Meng Rusong also means the same thing. When Dingxin Technology's polishing pad is produced, Xintong International will participate in product testing and provide suggestions for improvement.

Xintong International will then purchase some of Dingxin Technology’s products.

Whether it is domestic substitution, gradually moving the supply chain to Europe, or transferring RB, it all requires a process and cannot be achieved overnight.

However, Xintong International can take the initiative to move forward, actively participate in the research and development and production of related equipment, and put forward its own opinions. This in itself is of great significance to companies like Dingxin Technology.

Again, any product will get better as it gets better, practice makes perfect. The premise is that someone has to give these small and medium-sized enterprises a chance, and the market is the key factor that determines the development level of the enterprise.

In the past, the supply chain of the entire Huijia Group (including Xintong International) was smooth. For the quality of products, they would naturally purchase the most technologically advanced equipment.

But now Huijia is facing the danger of supply cuts in North America, and related companies under Huijia can only do everything possible to find alternatives.

Mu Shaoqing understood what Zhang Rulin meant, and at the same time he also understood the value of his investment.

At present, Dingxin Technology's total assets are only 65 million yuan, and they are in urgent need of new capital injections. Without funds, their upcoming first-generation product will be aborted, and the company will not survive.

In the evening, Lin Bike, the founder of Dingxin Technology, the company's chairman and CEO, insisted on hosting a banquet for Zhang Rulin and Mu Shaoqing.

"Mr. Lin, if we are going to disturb you a lot this time, let me treat you. Don't rush to give in, listen to me..."

Mu Shaoqing and Zhang Rulin exchanged a look. Dingxin Technology has not paid wages for two months, which shows how difficult the company's financial situation is.

At this time, I was really embarrassed to ask the other party to treat me.

Mu Shaoqing paused for a moment, and then continued: "Mr. Lin, we already have a certain degree of confidence in your technical level. Let's go, I'm treating you today, let's chat while we eat."

Hearing the overtones in Mu Shaoqing's words, Lin Bike felt that the financing and future sales were still very promising.

He immediately stopped arguing with Mu Shaoqing about who was going to treat him and went to the restaurant with Mu Shaoqing and Zhang Rulin.

...

Three days later, Zhang Rulin returned to the Magic City.

Mu Shaoqing left behind a few capable men and flew directly to the deep sea.

"Mr. Hu, we have initially reached an agreement with Dingxin Technology. We will invest 100 million yuan in Dingxin Technology and obtain 49% of the other party's equity, but only no more than 20% of the voting rights.

We do not participate in the business management of the company and only implement operational and financial supervision. At the same time, we promise not to seek to control the company."

In order to stabilize the entrepreneurial team, Mu Shaoqing gave the other party very favorable conditions.

Therefore, when he came to report to Hu Yang, he felt somewhat uneasy.

"It's okay not to participate in the management of the company. We can't personally participate in every company we invest in, right? However, this investment is still a bit small. When the time comes, the other party's funds will not be enough.

what to do?"

For companies like Dingxin Technology, the initial research and development expenses will be very high.

The fact that the entrepreneurial team raised tens of millions of funds and failed to persist even for two years illustrates the problem.

Hu Yang feels that this toothpaste-like investment method is not advisable, at least it is not very good for Dingxin Technology.

At present, the research and development of Dingxin Technology is nearing completion, and it will then face production and sales, which is when large amounts of funds are needed.

"So, what does Mr. Hu mean?"

Mu Shaoqing hesitated for a moment. He immediately thought of Huijia International Investment. Could it be that Xia Bing is coming to pick peaches again?

There are no rumors about the relationship between Hu Yang and Xia Bing privately in the company. After all, the two of them don't have much contact with each other. But Hu Yang's preference for Xia Bing is obvious to everyone.

No wonder Mu Shaoqing thinks too much.

"It's not my intention, it's other people's. The Integrated Circuit Development Fund is ready to support Dingxin Technology. They just told me yesterday, and I have already agreed."

Hu Yang smiled slightly. Since the Huijia Group was not planning to hold a controlling stake, it didn't care if one more shareholder got involved.

Moreover, Hu Yang feels that he leads the investment in this aspect and other funds participate together. This should be a good model.

It can share risks and improve the efficiency of the use of funds, so why not?

However, the Integrated Circuit Development Fund mentioned by Hu Yang here refers to the newly released "Integrated Circuit Development Fund Phase II", which is different from the previous fund.

The Integrated Circuit Development Fund was established under the leadership of the state. The second phase of the fund mainly supports companies in the fields of integrated circuit equipment and materials. Dingxin Technology just caught up with this train.

Since Huijia was the first to arrive, the fund called Hu Yang first, fearing that it would cause unnecessary misunderstandings.

When Mu Shaoqing heard this, he breathed a sigh of relief subconsciously. Maybe he didn't even realize that he had a psychological shadow during the competition with Xia Bing.
To be continued...
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