Reinventing the Millennium

From Shanghai to Berlin, it happens to be day to night, which makes it easy for the exchange group to adjust the time difference.

When they arrived at the hotel, Fang Zhuo and Ma Xiliang, on behalf of their team, exchanged warm greetings with the leaders of the German economic department and then made an appointment at 9:30 am the next morning. After greeting both parties for a brief photo, everyone was allowed to rest first.

Although he had been on a fifteen-hour passenger plane, Ma Xiliang, the president of the General Chamber of Commerce, was still in high spirits. He was a member of the system, but the reception he received when he brought the team together and arrived in Germany this time was beyond the usual standards. He couldn't help but feel disappointed. People are in a good mood.

"Mr. Fang, we are the silk caravan of the new era." Ma Xiliang sighed.

"President Ma, the results haven't been released yet, but we can talk about this when we go back to report." Fang Zhuo said with a smile.

Ma Xiliang nodded repeatedly. It had just begun, so he had to watch from the sidelines to make sure nothing happened.

He was just about to chat with Mr. Fang again, but he saw Mr. Luo from the previous car approaching quietly. Knowing that there was probably something going on between the two of them, he wisely said goodbye and rested.

Fang Zhuo asked his secretary Xiao Li, who was proficient in German this time, to take Mr. Luo upstairs first, and then he had additional chats with several friends from Deutsche Telekom and Deutsche Bank, and finally went back to the room to have a head-on discussion about Qimonda's patent disposal. .

Regarding the specific information about Qimonda’s patents, this was informed by Mr. Luo. In addition to the scale of patent packaging, he also talked about Qimonda’s Stack DRAM technology, which he believes is very valuable. This is also a study just published this year.

Mr. Luo is certainly not stupid. He clearly knows what Bing Xin's interests are.

Fang Zhuo adjusted his mood before entering the door and made himself more candid.

To be honest, since he met Mr. Luo and shorted Qimonda, he felt a little guilty, but people can't live in guilt all the time. Besides, Mr. Luo also apologized in person.

Now that Qimonda is bankrupt, let everyone start again.

"Mr. Luo, you came to pick me up at the airport today. I am very touched that you are willing to risk those eyes to pick me up today."

How uncomfortable it would be for Mr. Luo, a man who bankrupted his company, to be among the German business groups.

"Bingxin's second Lin'an factory was built because of the cooperation with Qimonda. The current insufficient capacity utilization is not what you want to see. No matter what the final OEM fee is, I don't blame you in my heart. .”

"Before, you came to China to find me, Mr. Xiong, looking for money, but the economic situation suddenly changed and the money disappeared. I hope you don't blame me."

Fang Zhuo didn't exchange any greetings after entering the door, and just spoke frankly.

Although Luo Jianhua already knew Mr. Fang's attitude and knew that some patents were involved, he was still quite moved and sighed: "Mr. Fang, I am very grateful that you are willing to talk to me. How can I blame you? ?I do not blame you."

Fang Zhuo smiled, added tea to Mr. Luo's cup, nodded and said, "Well, let's not talk about the past."

Luo Jianhua expressed his final emotion: "It is not the crime of war that will kill me."

It’s not that I can’t run a good business, it’s that the financial crisis has caused a chain reaction.

He offered tea instead of wine: "I won't mention it anymore, I won't mention it anymore."

Fang Zhuo nodded again and silently clinked glasses with Mr. Luo.

Reach a consensus and start over.

He put down the tea cup and asked non-stop: "Bingxin is indeed very interested in Qimonda's DRAM patent. What is the process now?"

Luo Jianhua hadn't finished drinking the tea, and he was still feeling emotional. He didn't expect Mr. Fang to be so... so simple and direct. He was stunned for a moment and then said: "The company applied for bankruptcy and is now going through the bankruptcy liquidation process. This work is handled by the bankruptcy administrator. Dr. Michael is in charge, he is a J.D., an expert in tax and bankruptcy law and has his own law firm.”

Fangzhuo repeated the bankruptcy administrator's name: "Dr. Michael."

Luo Jianhua nodded slightly: "This is a third party. In addition, eleven creditors with voting rights will be selected to jointly decide on the disposal of assets. Qimonda's patents are an important part of the assets. "

Fang Zhuo couldn't help but frowned, seeming to be complicated.

Luo Jianhua had been paying attention to Mr. Fang's expression, and when he saw him frowning, he said, "I think Bingxin can send out creditor representatives to jointly safeguard their due rights and interests."

"Is it possible? Is the owed foundry fee for the ice core not enough?" Fang Zhuo asked.

"Enough is enough." Luo Jianhua said this, and suddenly felt that the conversation between them was a bit strange. After a pause, he continued, "This creditor representative is not only a matter of debt size, but sufficient influence is also the key. Just like Bingxin I believe this investment in Germany will have a powerful impact."

"Dr. Meyer is reviewing the procedures for Qimonda's divestment from Infineon and may initiate litigation in this regard. He believes that Infineon has privately transferred corporate assets through shell companies related to Qimonda."

Fang Zhuo grasped the key point: "Is there such a thing as a shell company transferring assets?"

Luo Jianhua stressed: "Qimonda's divestiture operation method fully complies with the prescribed company registration procedures and steps, and the relevant accusations have no legal basis."

He took a sip of tea and added: "At most, there was a little negligence."

Fang Zhuo understood: "Understood."

No one thought that Qimonda could be bankrupted. The initial negligence may have become the key point for being caught now.

"In Dr. Michael's opinion, Infineon is responsible for compensating the difference between the actual company assets and equity capital at the beginning of Qimonda's bankruptcy proceedings." Luo Jianhua said what he knew.

Fang Zhuo understood again: "It is to compensate for capital losses."

Luo Jianhua nodded: "Yes, Dr. Michael is currently negotiating with Infineon for compensation. If it fails, he will probably have to go through legal proceedings."

"How much compensation does he demand?" Fang Zhuo asked the core question.

"This number is confidential." Luo Jianhua shook his head and estimated, "It may exceed one billion euros."

"It is impossible for Infineon to pay at this time." Fang Zhuo did not believe that Infineon would pay such money under the financial crisis. "This may lead to lengthy legal proceedings for both parties."

Luo Jianhua agreed with this, but added: "The patent processing process may not be very fast, but I can try my best to facilitate the authorization of a batch of patents from the company to ice cores, and I am also trying my best to create residual value for creditors."

Fang Zhuo was not familiar with company bankruptcy and liquidation, but since Mr. Luo said this, he must be sure.

It doesn’t matter if you can’t buy a patent for the time being. If you can import a patent, you can use it first.

The current global semiconductor industry, especially the DRAM field, is in a very sluggish state. At this time, no one will take over Qimonda’s patent assets.

"Well, Mr. Luo, I know that Samsung is increasing its DRAM production capacity and using its counter-cyclical strategy to enhance its competitiveness. I don't know if it is appropriate for Bingxin to try to enter the game at this time." Fang Zhuo pondered.

Luo Jianhua breathed calmly and said slowly: "Now is the cold winter for manufacturers, but it is the spring for second-hand equipment and patented technology. If you try the DRAM track now, the cost will be an advantage, but you have to admit that the competition for capital here is quite fierce. Qimonda is the most obvious example.”

"That's exactly what it is. Although Bingxin is interested in this batch of DRAM patents, I'm still a little hesitant and want to find someone to refer to the details." Fang Zhuo said seriously, "If possible, wait until Mr. Luo handles Curiosity Mengda If you have something to do, you can go to the mainland next year."

He sent out what was considered a formal invitation, but Mr. Luo had to deal with the tail end.

As for what counts as being handled well, it’s hard to say.

Luo Jianhua Qimengda collapsed in front of him without changing his expression. He nodded calmly and said: "The mainland market has endless potential. It really lacks a major DRAM manufacturer. If we can take advantage of the counter-cyclical period to accumulate strength, we really have hope to compete for greater power." market, I am willing to fight again."

Fang Zhuo poured tea for Mr. Luo again and said with a smile: "In this case, Mr. Luo and I have very similar interests. Lin'an No. 2 Factory may be able to separate from the ice core and become an independent brand in the future."

Luo Jianhua had a headache when he heard the word "stripping" and took a breath: "It's better to have a big tree with your back to enjoy the shade. You don't have to be in a hurry to peel off. You must learn from Qimonda's lesson."

Fangzhuo respects the opinions of professionals.

He took two sips of tea and said: "Mr. Luo, I am bringing the Chamber of Commerce to Germany this time, and Ice Core is very likely to build a factory here. Professional legal services will be needed in the future. If you have time in the next two days, please help me ask. Dr. Michael’s law firm to see if we can provide such a long-term partnership.”

"Well, Dr. Michael has very professional abilities." Luo Jianhua replied.

It's already half past one in the morning, and there will be a meeting tomorrow morning.

After Fang Zhuo roughly confirmed the situation of Qimonda and the help from Mr. Luo, he did not continue to search for consensus. There was still more time, so he would also look at the situation of Dr. Michael before assessing the situation.

At 1:45, the bankrupt leader of Qimonda walked out of the hotel and took a breath of the cold air at the end of 2008.

Even when God closes the door, there is still a window. Life is often bad, but we cannot lose hope.

I hope Qimonda goes bankrupt smoothly and Bingxin develops smoothly.

…

The last day of 2008.

The Yangtze River Delta Business Association, which came from afar, held friendly exchange meetings with German economic departments and business people.

As the initiator of this economic and trade event, Fang Zhuo delivered a speech on behalf of the China Economic and Trade Group, talking about the practical basis and long-term prospects for strengthening cooperation between the two parties. Of course, he also talked about the impact of the increasingly severe financial crisis.

"Germany is an export-oriented economy, and China is the market with the most potential in the world."

"China is already Germany's third largest trading partner after France and the Netherlands, and the trade dependence between the two sides is constantly increasing."

"Although China is also an export-oriented economy, the two countries are more complementary than competitive. Germany is famous for its high-tech manufacturing industry, while China mainly exports consumer goods. This is the basis of our economic and trade activities."

"I believe our cooperation this time will become a win-win model and the beginning of our long-term cooperation."

Fang Zhuo's speech received warm applause. The economic crisis forced both parties to look forward to more cooperation and a broader market.

When he put down the microphone, the leader from Germany also talked about the complementarity between the two sides. He also talked about investment policies and market radiation, and even mentioned that he hopes to visit the Yangtze River Delta next year.

Fang Zhuo only applauded and did not answer the question, leaving it to Ma Xiliang and others to communicate after the meeting.

In any case, judging from the battles and short-term contacts, Germany is still very positive this time.

The morning meeting was informal, while the economic and trade activities in the afternoon were pragmatic.

Because forty-eight Chinese companies came this time and involved a lot of business, a fairly free booth was arranged in the hotel in the afternoon.

On site were people from the German Federal Ministry of Economics and Energy, the German Chamber of Commerce and Industry, the Federal Office for Foreign Trade and Investment, and financial institutions such as Deutsche Bank providing loan support to companies willing to invest in Germany.

There is a one-on-one conference room on the second floor, where initial cooperation intentions can be discussed in depth.

Relatively speaking, as Fang Zhuo said, many consumer goods companies came to the Yangtze River Delta Association this time, including textiles, hardware, metal products, plastic products, electrical appliances, furniture, etc., and a few also wanted to try overseas investment.

This time, Germany has provided an investment subsidy of up to 50% if the conditions meet the standards, and provided cheap land rental. Even if the labor cost is high, the overall calculation is still a good discount.

Shanggong Shenbei, for example, makes industrial sewing machines. In 2005, it acquired the German company Dürkkopp Aiwa, achieving a negative result and a positive result.

Accompanying the Yangtze River Delta Business Association this time, Deputy General Manager Chen Nianxing's task is to inspect investment policies and environment. The idea is actually similar to that of building an ice core factory, both of which want to open up the regional market.

As for Chint Group, the head of Chint Group, Nan Cunhui, came to Germany in person this time. He wanted to introduce intelligent automation technology from German factories to contribute to the rapidly growing business.

Each company has its own goals, and economic and trade activities provide an opportunity for negotiation or preferential treatment.

In the evening, most of the lawyers from the Berlin office of JAFF Law Firm founded by Dr. Michael were invited eagerly to provide legal services for this economic and trade event of the China Yangtze River Delta Business Association.

Although this time there is a guarantee from German administrative factors, the legal services do not seem to be that important, but since Mr. Fang is footing the bill, it is of course disrespectful.

At the dinner, due to a fulfilling day and a tight schedule, Fang Zhuo saw many people discussing while eating. There were many companies coming to seek orders this time. Although it was small profits but quick turnover, he hoped that the small profits would still be large. Point profit.

At nine o'clock in the evening, Fang Zhuo was happily discussing the performance of the booth in the afternoon with some people in the small conference room, but the secretary informed that Dr. Michael, the boss of the law firm, had arrived in the evening.

Dr. Michael had an objective and fair face at first glance. Although he was in a hurry because he had a big job, Fang Zhuo was still impressed when he saw him.

The Yangtze River Delta Business Association’s legal advisor for this event, Bingxin’s legal services for its investment in Germany, Yike’s long-term partner for some of its European businesses...

Fang Zhuo briefly chatted with Dr. Michael about the space for mutual cooperation.

The sponsor is generous and the doctor is professional, but they both regret meeting each other late.