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Fang Zhuo is another mainland semiconductor industry inspection journey started from Luzhou.

After the Spring Festival, Mr. Qiu Ciyun and Mr. Qiu resumed work completely, Professor Hu Zhengming and Professor Hu also showed more to stabilize people's hearts. Dr. Liang Mengsongliang attacked the 10nm process at SMIC. Luzhou, on the upstream and downstream of the industrial chain of ice cores, all performing their duties, including the research and development of Xinyang Luzhou, which has obtained the best resource allocation within its domestic capabilities.

Although Yike's production capacity is under great downward pressure and the operation of the ice core has been challenged, Fang Zhuo maintains the necessary patience, respects everyone's efforts, and does what he can do within the industry.

Fang Zhuo had a similar inspection with Zhang Rujing before. This trip was similar to the last time, but many projects have already produced fruits compared to before.

This progress seen with my own eyes can undoubtedly make people feel very good, and it also makes Fang Zhuo's visit gain a lot of customary and enthusiastic respect, especially when he comes to Xi'an, one is the storage production line that was stripped out by the ice core, and the other is the old leader Qiu Di here.

He and the old leader have not seen each other for a long time, and they never show any resemblance when they meet, so there is a hot chat.

Qiu Di couldn't help asking about Yi Ke and Bing Xin's current situation, and the most concerned thing was the photoresist issue mentioned by Chinese and foreign media recently.

"I'm waiting, I don't know when the results will come out." Fang Zhuo answered truthfully.

Qiudi chatted in private and asked: "It's true or false? What about Yike's production capacity? I don't think there is any news that your production capacity has been restored or is close to recovery?"

He has been paying more attention to his old friend's affairs, thought for a while, and continued: "If it is not true, can those short sellers who short Yike stocks run?"

"Do you still care about this?" Fang Zhuo smiled unexpectedly, "The financial market is unsure. Do you believe what I said or what they guess?"

Judy looked at Mr. Fang and shook her head: "You are not a technical person, do you understand ice core so much?"

"This..." Fang Zhuo really couldn't refute this.

"Besides, sometimes you don't know whether it's true or not." Judy sighed, "If you, Mr. Fang, can you be trapped by such a question?"

"This is not a problem, it's just that it's more concerned." Fang Zhuo said, "You see, even Yike's mobile phones are surrounded by people."

Judy frowned and sighed for a moment, "The wind and rain are coming, and the sediment is rising."

"Fortunately, they are all expected problems. Short selling, their ways remain unchanged, are nothing more than a group of new vultures." Fang Zhuo smiled. "Yike has never been afraid of competition for mobile phones. I still believe in our brand power. After all, we have been one of the leaders in the development of smartphones since 2007, and we have relative pricing power."

He took a sip of tea and continued: "The other e-commerce and payment are just old opponents. It is not surprising that there is a storm."

Qiudi said "tsk" and seeing Mr. Fang again this time is already the master's style.

Fang Zhuo saw the old leader's expression and smiled: "Yike has almost no fun this time. It just depends on R&D and breakthroughs in key positions. With the results, most of the problems have been solved."

Although this short selling and counterattack have a final gain, Yike does not rely on Washington's decision or DuPont's supply recovery. If these are there, they will definitely be able to make a big profit. But without these, as long as Yike achieves a breakthrough in photoresist, the company's expected rebound in the future will naturally disperse.

Therefore, Fang Zhuo is actually not very concerned about financial operations. Instead, the gasoline man is very enthusiastic, probably the meaning of rubbing his signature.

Not only that, when he came out of Luzhou and saw different industrial links in different cities this time, his whole body gradually changed from focusing on the problem to a more comprehensive consideration.

Ice core is very important, there is no doubt that photoresist is very important, and there is no doubt about this at the current stage, but Fang Zhuo is not only the chairman of Ice core, but also the head of Yike.

Ice core provides advanced manufacturing tools, and how to use this tool to generate greater value is what Yike and even Yike Department need to explore.

There is a problem with the former at this stage, but it does not mean that there is no problem with the latter.

Fang Zhuo talked to the old leader about the semiconductor industry chain, and in the second half, Judi was unexpectedly talking about the changes in the entire environment.

"Mr. Fang, do you think the Internet is coming to an era of stock?" Qiudi was surprised.

"Different companies have different perceptions in different market environments, but for us, Yike, hey, we sell mobile phones. Although our products are special this year, looking at the entire market, this growth rate should be slowing down." Fang Zhuo said the signals that Yike could feel.

Last year, according to IDC data, global smartphone shipments reached 1.43 billion units, a year-on-year increase of 10.1%, but Q4 growth has slowed to 5.7%.

The data for the first quarter of this year has not yet come out, but IDC also has a general assessment. By measuring the trend throughout the year, there is indeed a possibility that it will continue to slow down or even stagnate growth.

Yike sells mobile phones, so naturally uses the most personal data to predict, evaluate strategies, and look forward to development.

Changes in hardware sales are an indicator, but it may bring about changes in the mobile Internet in the future, and even some reaction to the overall economic trend.

Yike cannot respond when the market truly transforms into a stock era, and must make arrangements in advance.

This is what Fang Zhuo considered after coming out of Luzhou, making incremental and making cakes bigger. This is what he has been doing in the past, but how to divide the cakes in the future will be a test.

Moreover, it is also important to find new driver engines in technical research and development.

Yike is now trying, and the electric car of the "Kunpeng" project is an action, but Mr. Fang is still hesitant about it and is also observing and waiting for verification.

Relatively speaking, what he wants to see more is simple but not simple business logic, such as computer CPUs that are still based on advanced processes.

This is not simple, but you can see Yike's opportunity here at a glance.

Yike's notebooks have sold well in the past two years, but Fang Zhuo believes that there is still room for Yike to compete in this relatively traditional field.

Fang Zhuo has looked at the semiconductor industry chain all the way, but his thoughts are more focused on products and technologies with higher added value in the semiconductor field.

After hearing this, Judy seemed to see the old friend in front of her constantly flipping through documents and visiting on the spot.

He said sincerely: "Mr. Fang, before I saw you, I also thought Yike's crisis was difficult, but after I saw you, I suddenly felt that Yike's road was still long."

Fang Zhuo smiled "Haha": "I am actually very nervous. I have less sleep recently, but Yike is not in the same place. The market has withdrawn, the stock price has fallen, and the production capacity is limited. There are a lot of things... But, guess what is the first hot post on our company's intranet today?"

Judy guessed a little: "News on photoresist production capacity? Short selling on Wall Street?"

When he saw Mr. Fang shook his head repeatedly, he did not continue to guess, but he wanted to see the result.

Fang Zhuo opened his phone with a smile and showed the current hot posts on the intranet to the old leader.

Judy took the phone, glanced at it, and looked up in shock.

Fang Zhuo shrugged.

Today, the first hot post on Fenyike's website: Master Liu of the canteen retires and has begun to miss the taste of his cooking!

Hot post 2: Which is higher, which is the level of Yike Canteen or Bingxin Canteen?

Judy truly felt some of the atmosphere inside Yike. It seemed that it was not that nervous, and it seemed that it was a bit too relaxed.

...

The news that a senior executive of a certain China Wafer Manufacturing Alliance seems to be unproven.

Did Yike solve the problem of photoresist?

Yike has no sound, Bingxin has no sound, there is no movement at the administrative level, and the employees have no movement. The only thing that has no movement is the messy bears.

Here comes, the fierce $7.19 billion!

Left, weak $3.67 billion...

When the institutions that shorted Yike were ridiculed by the crowd, Russell of RC hedge fund really felt embarrassed. He was a short seller with a public position, but when he saw unconfirmed news from China, he couldn't help but immediately reduced his position by nearly half.

What's more, he knew that some colleagues left.

However, Russell waited for a week and saw neither formal or informal remarks from Yike and Bingxin, nor changes in the supply of Yike mobile phones.

Looking back, this kind of news that cannot be proven does not seem to be worthy of such a big reaction...

Russell thought carefully and not only used some institutions to observe Yike's shipments, but also asked about BIS's opinions, which believed that the semiconductor industry in mainland China could not solve the problem of photoresist in the short term.

"Hi Russell, this may be two years, maybe three years. You should know that this is an extremely sudden measure for them and it is impossible to solve it quickly."

"If ice core production capacity can be restored in two years, we all think this is a very great thing."

"Russell, this is a perfect raid, trust us."

Russell respected the opinions of professionals, but he also communicated with his peers before making a decision, such as Bridgewater Fund, which had participated in shorting Yike but suffered losses.

Bridgewater Fund is more decisive than RC Fund. It is decisive when it hears unfavorable news, and then goes in again after seeing no movement.

"Russell, this is a false news. Everyone has overreacted. Besides, Yike's expectations must have fallen, but it's just that it's low. We are firmly bearish on Yike."

Russell asked the other party: "Why did Bridgewater leave before?"

"I'm scared." Ederson, the fund manager of Bridgewater Fund, was extremely frank and asked back, "Aren't you afraid?"

Russell: "…"

Really scared.

As soon as news came out in China, Yike's stock was directly lifted, and it caught up with the joint actions of its peers, which had already suffered a lot of losses this time.

No matter how the American media describes the wrong decisions of the head of Yike in recent months, no matter how BIS restricts Yike and Bingxin, but...

But that's Mr. Fang!

Russell answered a question from his colleagues: "No, I'm not afraid."

Ederson was surprised: "Is that?"

"Yes." Russell said rigorously, "I am just out of the other party's overall respect."

Ederson laughed: "Very good. If you have the opportunity to meet Mr. Fang, you should say this to him in person."

Russell had already made a decision and continued: "But now, out of the other party's overall respect, the RC Fund decided to contribute to Yike's defeat."

"I like your words, this time it's different." Ederson said, "This time it's not business, not finance, but politics. Mr. Fang has already got a lot of things, and now it's his time to pay."

Russell also likes Ederson's description.

He ended the call with this colleague, thought about and sorted out the relevant data, and updated a trend on Twitter: #Pay Time#.

To a certain extent, Yi Ke had a Bawang meal with Baifangzi the first two times. This time it was different. Now Mr. Fang needs to pay together.

On the last day of March, Nasdaq announced its short positions again.

In just two weeks, the short Yike position returned to US$7 billion, and it has exceeded the end of last month, approaching the next level with a scale of US$7.87 billion.
To be continued...