My Age of Investment
Chapter 1104: The two places are family, everyone is the descendant of Yan and Huang
Chapter 1104 The two places are family, everyone is the descendant of Yan Huang
A faint smile hung on the corner of Xia Jingxing's mouth. Although he was already tempted, he just didn't want to express his opinion lightly.
Is the internal relationship of Huaxin International complicated? That is quite intricate.
Can the internal relationship be improved and smoothed?
It’s not bragging, Xia Jingxing thinks he has this ability...well, capital strength.
But he also has the conditions, there is no reason to help in vain!
"Huaxin International's internal equity is too dispersed, and if it merges rashly, it will lose the controlling rights of Fuxing Industry Holding Group in Fuxing Semiconductor."
Xia Jingxing said in a nonchalant tone: “Fuxing Semiconductor must be in the hands of the Fuxing Industry Group, otherwise I would rather quit the semiconductor industry.”
Lin Xinhe smiled, “I can talk about all of this, now Huaxin International is full of problems, and there should be shareholders who are willing to get off the bus.”
Xia Jingxing shook his head slightly, not satisfied with the answer.
Lin Xinhe's face changed a little, and he was surprised: "Do you want to privatize Huaxin International?"
This time I got an affirmative nod in response. Lin Xinhe didn't say anything, but was slanderous in his heart. Isn't this appetite too good?
He does not doubt that Xia Jingxing has the strength to privatize Huaxin International, but Huaxin International’s current stock price is very depressed, and it is not worthwhile to choose to sell the company at this time.
Even if they DCM are willing, other institutional shareholders are unwilling.
Choosing the two companies to exchange shares is the best plan. Huaxin International’s shareholders can continue to share the company’s growth dividends, but Xia Jingxing has another opinion on this.
Lin Xinhe felt that things were a bit tricky, and her expression became serious. "Mr. Xia, the privatization is too important, and it involves all aspects of interest.
International capital is easy to say, just give enough money.
For government capital, sometimes they do not only calculate economic accounts, but also political accounts. "
"As long as the international capital has no objection, the government capital, let us do the work."
Seeing Xia Jingxing so confident, Lin Xinhe didn't say much anymore.
However, he once again expressed his attitude: "No matter which plan you choose, Mr. Xia, DCM has no opinion. We will stand firmly on your side."
Xia Jingxing smiled. Lin Xinhe is also a clever ghost. DCM has been following Envision Capital all these years and has been capturing high-quality start-ups.
Although what we eat is the leftovers leftovers of Vision Capital, and mainly follow-up investment, it is better than Sequoia Capital and IDG.
Investments like Sequoia and IDG, Thousand Oaks, have a huge loss of 200 million U.S. dollars; while the valuation of the domestic holding group invested by DCM has doubled several times, with a floating profit of over 100 million U.S. dollars. This is a sharp contrast.
If you add in the surplus of other projects, DCM has made a lot of money in the past year or two. Naturally, Mr. Xia can look forward to it and hold his golden thighs firmly.
If they don’t hug, some people hug.
Xia Jing’s behavior is that he is willing to take them to play with him. It is not that he has taken a fancy to the various resources in the hands of these venture capital funds that have deployed China in advance.
"When will Zhang Rujing meet?"
Lin Xinhe smiled with joy, "Mr. Xia, have you met with the same opinion?"
"You are right, everyone is descended from Yan Huang, and you can help me."
Xia Jingxing’s reason made Lin Xinhe's mouth twitch, and he was a descendant of Yan Huang.
…………
…………
After receiving Lin Xinhe's notice, Zhang Rujing visited Xia Jingxing at the Grand Hyatt Hotel that night.
In the suite on the 87th floor of Jinmao Building, under the introduction of Lin Xinhe, Xia Jingxing enthusiastically shook hands and greeted Zhang Rujing.
"Zhang, the environment here is a bit rudimentary, please ask Haihan if you don’t have a good reception."
Zhang Rujing waved his hand quickly, “Mr. Xia, you are too polite. I should say I’m sorry. It’s really a bit abrupt to run over at night, and it will bother you to take a break.”
Xia Jingxing smiled. The 60-year-old man in front of him does not look like the founder of the fourth largest foundry in the world (the ranking has dropped by one). The tone and attitude of talking to him are very humble and courteous. .
In addition, Xia Jingxing also noticed that although the old man’s hair was dark and dense, his face was full of exhaustion, and he looked as though he was not sleeping well.
He guessed that the other party should have been running around recently, wanting to rescue Huaxin International.
Thinking of this, Xia Jingxing sighed slightly. To tell the truth, the old man is still very difficult. He wants to be serious. However, the enemy can use all means to prevent it. Besides, the internal is not monolithic, so the mental pressure he faces should be far beyond ordinary people's imagination. .
After a few greetings, Xia Jingxing greeted Zhang Rujing to sit down and asked Liu Xiaoduo, who was waiting next to him, to bring a cup of coffee.
"Zhang Zong, you are not in a good state of mind. Have a cup of coffee to refresh yourself. This coffee is a brand I often drink, and the taste is good."
Zhang Rujing hurriedly thanked him, and after taking a sip of coffee, he immediately praised him.
Xia Jingxing and Lin Xinhe both laughed, and the three chatted around the coffee for a while.
After feeling that the atmosphere was in place, Zhang Rujing suddenly said: “Mr. Xia, I have read all the newspapers today. I have not had time to congratulate Fuxing Semiconductor for its smooth production, and China Semiconductor has added a new force.
By the way, there is also the "Top 500 in the world in ten years" that you called out. It is very inspiring. If it weren't for getting older, I would like to invest under your command and work with you to benefit the country and the people. Big business.
If there is a mainland foundry manufacturer that squeezes into the world's top 500 list, then the mainland semiconductor industry will not have to worry so much..."
Xia Jingxing listened quietly, smiling at Zhang Rujing from time to time, or nodding.
Suddenly, Zhang Ru’s Jing dialect turned around, “But if you want to achieve this great goal, Fuxing Semiconductor has to be careful, and try to avoid becoming a thorn in the eyes of some people and some foundries.
In order to fight against competitors, those villains have always used venomous methods. "
Xia Jingxing naturally knew that the other party was talking about Wandian, and smiled: "Thank you very much for Mr. Zhang's friendly reminder. We will pay more attention."
Seeing that Xia Jingxing didn’t seem to care about Wandian too much, Zhang Rujing sighed slightly, Zhang Zhong is definitely not a good stubborn, or if he doesn’t make a move, he will not leave any room for resistance to his opponent.
The person is like an assassin, who is seeking to seal his throat with blood and kill him with one blow!
He saw that Xia Jingxing was young, and most of them didn't like listening to these unpleasant words, so he didn't mention it anymore, and finally began to talk about his own affairs.
"I believe that the problems faced by Huaxin International, Mr. Xia understands more or less, or Mr. Lin also introduced it to you, so I won’t go into more details.
I beg for Mr. Xia today. I also hope Mr. Xia will help Huaxin International because everyone is Chinese and wants to contribute to the country. "
Zhang Rujing's posture was very low, and he even used the word "begging". It seemed that he was really forced to the edge of the cliff.
Xia Jingxing was speculating and summing up in his mind, and suddenly heard Zhang Rujing say: "Of course, President Xia, in terms of business negotiation, share price, and priority terms, Huaxin International can give you the best conditions, and will never let You suffer."
Xia Jingxing smiled and waved his hand, “Zhang, you don’t have to lose money. I don’t care about it. After all, the chip investment cycle is very long. It’s a loss right now, and it’s okay if you don’t suffer in the future.”
Zhang Rujing nodded hurriedly. He felt that Xia Jingxing was a good talker, and he was more sure about the purpose of the trip.
"Zhang, you just talked about the shareholding. How many shares does Huaxin International intend to dilute to introduce investors?"
Xia Jingxing looked at Zhang Rujing with a smile, and just buying shares could not fill his appetite.
Lin Xinhe told him before that Zhang Rujing still has a glimmer of hope for the introduction of strategic investors. As a last resort, the other party is unwilling to lose control of the company, even in name.
"About 10% of the shares."
Zhang Rujing gestured with his fingers, “What Huaxin lacks most now is an operating capital. As long as there is 300 million US dollars, we are confident to resist all risks.”
"Include litigation with Gulf Power?"
Xia Jingxing's words tore a huge wound in Zhang Rujing's heart, and his expression became a little unnatural.
Xia Jingxing did not seem to see the old man's ugly face, and continued to sprinkle salt on the wound.
" Gulf Electric first shot against you in 2003. The purpose was to snipe your listing and file a lawsuit in California, claiming 1 billion U.S. dollars.
The lawsuit dragged on for two years, making you tired to deal with it. In the end, you were forced to choose to settle with Gulf Power, which is equivalent to admitting “improper use of Gulf Power’s trade secrets” in disguise and paying 175 million U.S. dollars in compensation.
The year before last, in 2006, on the eve of your preparations for financing, Gulf Power made another move, accusing you of using Gulf Power technology in your latest 130-nanometer process and violating the "Settlement Agreement."
Two years have passed, and the lawsuit is still deadlocked.
To put it ugly, Huaxin's hope of winning the lawsuit is very slim. "
Hearing this, Zhang Rujing's face was already sinking.
But he still managed to squeeze a little smile out, "Mr. Xia, we have already filed the complaint at the Beijing Yamen, and the trial time here is even earlier than the California court.
If Gulf Power chooses to actively respond to the lawsuit, then they must expose the evidence they have, which gives us time and preparation to respond to and refute the evidence at the California court. "
Looking at Zhang Rujing, who thought he was "home battle" and was confident of winning, Xia Jingxing couldn't bear to attack the opponent.
After thinking about it, he still shook his head slightly and said: "I said, you definitely can't win this lawsuit."
Seeing Xia Jingxing so sure that Huaxin would lose the lawsuit, Zhang Rujing's expression became serious, and he asked indifferently, "So what's your reason for President Xia?"
"The people of the two places are family members, everyone is the descendant of Yan and Huang, and peace is the most important thing."
Xia Jingxing's words hit Zhang Rujing's chest like a heavy hammer, making him feel dark in front of him, his whole body shook, and he almost fell.
Fortunately, Lin Xinhe, who was next to her, had quick eyes and quick hands, and helped her fellow villager a hand.
(End of this chapter)
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