Chapter 731 The time left for us is running out.

"Boss, let me tell you good news. This Italian company is very interested in our acquisition plan, and they have agreed to start negotiations on it."

Xia Bing called back from Italy just to tell Hu Yang about this.

"Oh? This is really a bit surprising. But Mr. Xia, do you still remember what I told you before leaving? You should be more cautious over there and be careful of North America getting in the way."

Hu Yang didn't say much on the phone. What she needed to say had already been said before Xia Bing left, and she only needed to remind her now.

"Please rest assured, I will not forget your explanation. Boss, where are you? Are you in the wild? The wind is quite loud."

Xia Bing smiled and seemed confident.

"I just boarded the Snow Wolf. Today, Mr. Gao and I plan to go fishing and take a day off. Mr. Xia, let's not talk about it. We will communicate in time if there is any new situation there."

Hu Yang quickly hung up the phone and walked into the cabin with Gao Mingkang. The "Snow Wolf" immediately set sail and slowly left the Xiangjiang Pier.

After Xia Bing and Hu Yang finished talking on the phone, she carefully revised the principles of acquisition negotiations. There are many traps in international mergers and acquisitions. If you are not careful, you may fall into protracted litigation.

In the evening.

Hu Yang and Gao Mingkang had a seafood dinner in the cabin, then came to the deck and lay on chairs to enjoy the sea breeze.

The weather is good today, the wind is calm and the sky is clear.

"Mr. Hu, I also want to understand that there are some things that we really shouldn't be too anxious about. I think it won't be long before all the companies under our Huijia family are 100% North Americanized.

I have been thinking recently that the company should enrich its product line and try to combine consumer and 4G application scenarios."

As 4G networks become increasingly mature, there are more and more application scenarios.

Gao Mingkang does not expect this business to become a new growth pole, but for Mingkang Communications, this is a deliberate exploration.

"Well, I think your idea is fine. However, Mr. Gao, you still have to focus on chip design, system software, and ecological construction."

Mingkang Communication's main business is communication equipment, but the company also has good development in fields such as smartphones and chips.

You can make some popular consumer products, but you can’t put the cart before the horse.

Gao Mingkang nodded and said: "I think so too, but I will gradually extend my tentacles to multiple fields."

The two of them were drinking beer and chatting wildly, and before they knew it, the sky turned completely dark.

Gao Mingkang suggested to stop the yacht, and then the two started fishing at night.

Populus euphratica looked at the fishing rod with his eyes, and his mind drifted to the sky unconsciously. The Huijia system has faced many obstacles to get to this point, but it can be said that it has basically survived.

To be honest, companies that can survive the strong suppression in North America are extremely rare in the world.

Alstom of France, Toshiba of RB, Deutsche Bank, etc. all chose to succumb to the pressure from North America. It is not easy for the Huijia Group to get to where it is today.

However, this group of senior executives of the Huijia department have fully matured after experiencing so many hardships.

For example, Gao Mingkang, Xia Bing, Meng Rusong, Yan Hanzhang, Huang Tao, Zhang Xiao, Xu Younian, Mu Shaoqing...etc., even without Hu Yang personally, I believe they can do a good job

"It seems that it is time to continue to delegate power to the decision-making committee."

Hu Yang made a mental calculation and decided to wait until he went back in the next two days to think about it and come up with operational details.

"Took the bait!"

Populus euphratica was wandering in the sky, when Gao Mingkang suddenly lifted the pole, and a sea fish weighing more than three kilograms drew an arc from the sea and was thrown to the deck.

"Haha, Mr. Gao, you're open."

Hu Yang laughed. Anyway, his fishing skills were not very good, and he had no intention of comparing with Gao Mingkang from the beginning.

the next day.

The Snow Wolf returned to Xiangjiang Pier. Hu Yang, Gao Mingkang and his party did not stay in Xiangjiang any longer and returned to the deep sea that night.

Half a month later, Xia Bing reached a merger intention with the company that produced plasma implanters in Italy, and immediately returned to China.

"Boss, the other party agrees to our acquisition plan. However, their requirements on breach of contract are quite stringent.

The liquidated damages are 100 million euros. In terms of force majeure, it does not include risks caused by government approvals and foreign approvals."

The reason why Xia Bing did not sign a formal agreement with the other party was because of the breach of contract. According to the Italian company, after signing the agreement, if the domestic or foreign government does not approve the acquisition plan, Huijia International Investment will also need to pay

liquidated damages.

"Haha, this is a big problem. Mr. Xia, we cannot agree to this condition, otherwise wouldn't this 100 million euros be given to others for nothing?

I would say, if the other party is very sincere, they might as well come to China to set up a joint venture first. They will provide the technology and we will provide the capital."

Hu Yang sneered. They are so shrewd that they don't want to take risks. Has this made us successful?

"I am also worried about this, so I only reached a non-legally binding agreement with them. I will do as you said later and ask them if they are willing to build a joint venture factory in China."

Xia Bing is not discouraged. Mergers and acquisitions between enterprises, especially international mergers and acquisitions, have always been very complicated and cannot be solved so quickly.

But she didn't expect that when Huijia International Investment proposed a new cooperation plan, the Italian company rejected it outright.

This shows that people are not in a hurry.

"Hehe, is this done with us? Forget it, Mr. Xia, terminate the negotiations with this company and withdraw all our people."

Hu Yang thought about it for two days and finally decided to abandon the acquisition plan.

Although both he and Xia Bing felt a little pity.

However, the normal business dealings between everyone have not ended. The other party is still willing to participate in the supply chain of companies such as Xentong International and Charming Semiconductor, and stated that its products will not be affected by the North American ban.

Regarding this, not only Populus euphratica, but also Meng Rusong expressed doubts.

After Meng Rusong straightened out the southwest manufacturing affairs, he spent a lot of time on Xintong International's deep-sea factory.

The deep-sea factory represents the highest level of Xentong's international manufacturing technology, but relatively speaking, the process of de-North Americanization is slower.

The reason is to maintain advanced production technology, so the technical level of equipment and raw materials cannot be low. Some alternative equipment, such as some made in Southwest China, are temporarily unable to enter deep-sea factories due to insufficient technical level.

Currently, North America has not issued a clear ban on Xentong International. As long as Xentong International does not OEM chips for Mincom Communications, there will be no problem for the time being.

In order to ensure the supply of chips for Chemcom Communications, production has been transferred to Southwest Manufacturing. The deep-sea factory currently provides 28nm (N+2 generation) production services to domestic and international customers, and orders have been scheduled until one year later.

"Mr. Hu, it's really a pity. Many of Mincom Communications' chips are very powerful in performance, and all indicators are far better than GT's products. It's a pity that North America can't compete fairly with us, so they resorted to overturning the table. It's really shameful.

"

Meng Rusong meant that it would be great if we could OEM for Mingkang Communications in the deep-sea factory. The most advanced technology should serve our own people first.

"Take your time. Do you think the deep-sea factory can maintain the status quo forever? Based on my understanding of North America, the other party will definitely not give up. It's just that they haven't found an excuse yet."

Hu Yang curled his lips. He knew very well that North America was definitely not happy with Southwest Manufacturing's foundry of chips for Mingkang Communication.

However, Southwest Manufacturing has completely bypassed North American technology and companies in terms of production equipment, parts and raw materials, and the other party was not ready to directly attack them for a while.

There is also the attitude of relevant domestic departments, which also makes North America a little wary.

"Well, the Deep Sea Factory has actually been working on de-North Americanization. It's just not that drastic. After all, I want to ensure quality first."

According to the plan of the Deep Sea Factory, it will take about two years to completely de-North America. This is a prudent strategy, and the purpose is not to affect normal production.

Hu Yang nodded and said, "As long as you know what's going on, we don't have much time left."

Meng Rusong didn't sit in Hu Yang's office for too long. The two went to the top floor for lunch at noon, and he went directly to the factory.

Populus euphratica came to the lounge and prepared to take a lunch break.

"Mr. Hu, Academician Lu Yiming called. He said that he had just arrived in the deep sea with several experts from the Institute of Electrical Power Technology. He asked when are you free? They want to visit you."

Before he could lie down, Wu Xinhui knocked on the door and walked in with an apologetic expression.

"Oh? Academician Lu has come to the deep sea? Assistant Wu, call me and I'll call you back."

Hu Yang had met Academician Lu last time in the capital. He also asked Academician Lu to come to the deep sea to play when he had time. He didn't expect to meet him suddenly.

I dialed the phone and the person who answered was Lu Yiming.

The two chatted for a while on the phone, and then agreed to meet at the Investment Building at 4:30 p.m.

afternoon.

Hu Yang had been processing documents in the office until Lu Yiming and his party arrived.

"Mr. Hu, let me introduce to you, this is Dr. Ma Qiang from the Institute of Electrical Engineering, and this is Dr. Liu Qiyu from the Institute of Electrical Engineering."

Lu Yiming was accompanied by a man and a woman. Both of them were in their thirties and less than forty years old. They looked like researchers at first sight.

"Academician Lu, Dr. Ma, Dr. Liu, please take a seat. Do you want coffee or tea?"

Hu Yang received Lu Yiming and others in the small reception room.

"Please bring us three cups of tea."

The other two seemed a little restrained, and Lu Yiming answered with a smile.

Hu Yang nodded and immediately asked Wu Xinhui to bring in a pot of tea.

"Mr. Hu, I suddenly came to Shenhai this time. In addition to seeing you, I also have something I want to ask you for help with.

Dr. Ma and others have successfully developed an ion implanter, and the performance of the product is definitely at the world's advanced level. However, they lack experience and funds for industrialization. Are you interested?"

After everyone sat down, they chatted for a while, and then Lu Yiming went straight to the topic.
To be continued...