Reinventing the Millennium - Chapter 1414
c1411 Do it yourself
As soon as Yike’s secondary listing announcement came out, the stock price fell again.
From March 1st to 31st, for a whole month, Yike’s stock price fluctuated up and down. The highest point exceeded US$420 billion and the lowest point was less than US$380 billion. It fluctuated and fluctuated again.
Around the situation of Yike, companies such as Intel, GlobalFoundries, Apple, Samsung, and Taiji have made different adjustments and changes, and there are also many struggles outside of business.
But when Yike gave the latest decision, the same time seemed to suddenly become faster.
In just one month, why did Yike go to Hong Kong for a secondary listing so decisively or recklessly?
You have such a big company, such a big market, and so many users. What do you mean?
Yike’s share price was not affected by the stock split, but continued to rise. However, this announcement was really shocking. The listing move at this juncture felt a bit like a runaway move.
“As the most inclusive market in the world, can it really not accommodate a company like Yike?”
“Regardless of whether BIS’s restrictions on Bingxin International are effective, since it added measures, why is it that a small company with no influence like AMD can quickly obtain a temporary license, but Yike’s license has not been issued yet?”
“The stock prices of Yike and the affected companies have fluctuated. Shouldn’t the losses caused to investors be taken seriously by BIS?”
“BIS and SEC must review relevant strategies!”
Institutions with tickets in hand that have not yet been sold out took the opportunity to speak out and bombard institutions such as BIS and SEC.
But there are also political spokespersons who have always criticized Yike. They still believe that the Yike system with Yike as the core should be severely cracked down. In response to Yike’s announcement this time, they shouted, “Don’t let Yike run away.” ” slogan.
Yike has not yet officially launched the secondary listing, but the response from the relevant public opinion has been somewhat unexpected. Among them, there are many voices targeting Fang Zhuo personally, thinking that he is the founder of Bingxin International. Now that he has already expressed interest in Bingxin International If restrictions are imposed, more targeted measures should also be imposed on relevant core personnel.
No matter what, Fang Zhuo’s ice core label became more and more eye-catching, and this did not change because of Yike.
Such a turbulent public opinion rushed in front of him. Although Fang Zhuo would not respond publicly, although he was indeed very busy, he still had to take a look at the internal opinions.
Both Yike’s public relations department and Milica’s lobbying team have made suggestions, believing that such personal remarks need to be cooled down to avoid any trouble.
Although the election will not begin until early next year, there are already movements from different camps.
“Do you think this temperature can be effectively lowered?” Fang Zhuo asked the lobbying leader Zhao Zhishan after thinking about it for a while.
Zhao Zhishan licked her boss’s words, “Effectively reduce it.” She said after a while: “It can definitely be reduced, but this time many people are from the Republic of China. Mr. Fang, we think no matter how effective it can be, , after all, you have to take action.”
When Yi Ke went to Hong Kong, she also believed that her boss’s expectations were continuing to decline, but she couldn’t just let this matter go.
“I understand what you mean, but this problem should still be effectively controlled.” Fang Zhuo said calmly, “While our friends are still there, don’t let conflicts accumulate. This is not good. The more conflicts accumulate, the worse they will become.” It’s trouble.”
Zhao Zhishan thought about his boss’s words carefully, and suddenly guessed Mr. Fang’s thinking, and asked tentatively: “Then let’s intensify the conflict first?”
Although they are friends, not everything goes as they wish, and not everything can be helped by them.
In this case, if the temperature cannot be lowered, then the temperature will rise to the point where it needs to be solved and to the point where they need to take the initiative to help.
As for how to heat up…
We should not just target the founder of Bingxin International, but also strictly investigate all of Mr. Fang’s actions.
Cha Yike, Cha Cha Yike, how did Cha Cha Yike harvest the short position in the first place? Is there any market manipulation or power-for-money trading?
Check out the MIGA Fund. How does this prestigious fund operate? It once participated in the disposal of non-performing assets after the financial crisis. Are there any violations?
Friends of President Cha Fang, check to see if they have been hit by sugar-coated bullets!
Zhao Zhishan just had a change of thought. It was difficult to cool down, but the temperature was rising so much!
“Well, some things have to be finalized now. Intensify when it needs to be intensified, just be more cautious in doing things.” Fang Zhuo knew that the person opposite him understood what he was thinking.
Zhao Zhishan understands that this kind of thing requires some tricks, but he has been operating in America for these years, and he has become very mature both overtly and covertly.
When the call with her boss ended, she thought about it and decided that the public opinion should start with Yike, so she took advantage of Yike’s secondary listing to go over the short squeeze case that shocked the world that year.
Fang Zhuo received another call from Zhao Zhishan the next day and basically agreed with her idea. The short-squeeze case was good. It was a matter decided by the White House itself, and it would surely cool down the incident quickly.
However, before any public opinion could be mobilized, perhaps because it felt some pressure, or perhaps because the process had already reached this point, BIS finally issued Yike’s temporary license for ice cores.
From April to June, Yike’s purchase of ice cores is not restricted by BIS and can still provide stable supply. This basically ensures stable supply before the new product launch.
And if it can continue to be approved for the second license, Yike’s new products this year will also be partially guaranteed.
Fang Zhuo informed the General Office of Yike of the latest news through an online meeting. Everyone believed that in order to maximize profits, this year’s autumn press conference should be advanced to September.
“The autumn press conference will be in charge of General Manager Yu. The risk of preparing new products this year needs to be controlled.”
“Regarding listing in Hong Kong and more public opinion issues, no one should participate in public discussions or accept interviews privately. All responses will be made by the public relations department.”
“Any behavior of Yike is legal and compliant.”
“Regardless of whether our cooperation with Intel and GlobalFoundries can be achieved, and regardless of what twists and turns our business will encounter, I must reiterate my point of view that semiconductors are first of all an industry, not an ideology.”
“Its politicization must be based on the economy and business.”
“What we need to do is to continue to unswervingly accumulate strength during the trough period, continue to unswervingly invest in research and development and technological innovation, and continue to unswervingly maintain progress.”
Fang Zhuo rarely spoke at length at the General Office meeting recently.
However, rather than being placed on the Yike conference table, it is better to say that it is a preview at a mainland semiconductor industry conference.
On April 6, an informal meeting was held in Luzhou. The guests included senior executives from a number of well-known mainland semiconductor companies, including Bingxin, Zhongxin, Zhongwei, Changdian, Shangwei, North Huachuang, and Shencheng Xinyang.
Qiu Ciyun is the CEO of Bingxin. On behalf of Bingxin, he informed mainland peers in the upstream and downstream industries of the current situation, and also talked about the mid- and long-term competitiveness and the opportunities for domestic substitution brought about by this round of restrictions.
“The problems facing Bingxin are not just Bingxin’s problems, nor are they just problems of Bingxin’s subsidiaries, but are increasingly severe and fierce industrial problems. I hope to remind everyone to make necessary preparations.”
“From the establishment of Bingxin to the present, we have carried out extensive and in-depth cooperation in China, led the establishment of the Huaxia Wafer Manufacturing Service Alliance, and tried and promoted the joint development of the industrial chain.”
“Bingxin is now facing restrictions, which cannot be unaffected, but we have made good progress in seeking alternative suppliers, reserving key components, and developing independent maintenance capabilities.”
“Bingxin’s competitiveness is still there, and its competitiveness will still exist for some time to come.”
Qiu Ciyun’s speech was relatively broad, but people in the industry knew what Bingxin was doing now.
Although Bingxin has lost the technical and after-sales support of some core equipment manufacturers and its yield rate has been affected, the production lines in various places have not stopped operating. After all, those manufacturers cannot dismantle the equipment that has been sold.
What Bingxin needs to do now is to keep the production line running continuously and well, which requires replacing suppliers, reserving key parts and obtaining new maintenance support.
It is said that Bingxin is actively recruiting people from abroad and controlling two second-hand equipment manufacturers. On the one hand, it needs technical personnel from second-hand manufacturers, and on the other hand, it maintains the purchase channel.
At the same time, looking forward from the current time node, the A/B/C lines that Bingxin has worked hard on in “Huali Phase I” in the past two years have also shown their effects. It is hard not to praise its foresight, or vigilance.
Qiu Ciyun’s sonorous and powerful speech in Bingxin’s current situation received warm applause.
As the founder and chairman of Bingxin, Fang Zhuo naturally had to speak.
“Since the first of last month, people have been asking me questions on various platforms and occasions.”
“In the final analysis, they are asking me what my attitude is towards Bingxin.”
Fang Zhuo said this and smiled: “I don’t really understand what’s so good about this question. Of course, I support Bingxin 100%.”
He said this but didn’t explain how 100%, but repeated what he said at the Bingxin General Office, talking about the twists and turns of industrial development and the inevitable progress.
“The problem Bingxin is facing now is a systemic problem, and what is needed is everyone’s joint efforts.”
“I heard a very good news yesterday, which is just right for the current situation. It is said that IMEC in Belgium is considering accepting SMIC’s cooperation application, and the content of the cooperation is related to the 14/16nm technology process.”
“What do you think? It’s a coincidence.”
“With the mainland, the international cooperation environment will be relaxed.”
“Bingxin is very determined and happy to make this kind of international cooperation more relaxed, until one day in the future, the competition between upstream and downstream links can compete on the same field.”
“But this day can’t be waited for or begged for.”
Fang Zhuo spread his hands and smiled, “I can only do it myself and have enough food and clothing.”