Reinventing the Millennium

Chapter 1209 Comfort (4k)

On July 2, new changes occurred in SMIC.

Fang Zhuo's name surfaced.

Although Mr. Fang's figure has been looming these days, especially when SMIC executives frequently meet with Mr. Fang, everyone knows that this person is determined to intervene in the company's changes, but the outside world is not aware of this.

Now with SMIC's announcement, Mr. Fang publicly solicits proxy voting rights... This is undoubtedly his stand on the stage, and what he wants to do is also directly revealed in the content of the announcement.

——The start and end time of soliciting voting rights: July 9, 2011 to July 12, 2011 (9:00-12:00 in the morning, 13:00-17:00 in the afternoon).

——The voting opinions of the solicitors on all voting items: Agree

——"Proposal to remove Mr. Gao Yonggang from the position of director of the board of directors", "Proposal to remove Mr. Chen Shanzhi from the position of director of the board of directors", "Proposal to nominate Mr. Wang Ningguo as executive director", "Proposal to nominate Mr. Yang Shining as executive director".

——Reasons for voting: The company's adjustment of the board of directors' positions can enable operators and shareholders to form a community of interests, improve the company's sustainable development capabilities, improve management efficiency and the enthusiasm, creativity and responsibility of operators, and ultimately improve the company's performance.

Major shareholders do not necessarily occupy seats on the board of directors, but they usually have seats. Now, after the major shareholder Datang opposed CEO Wang Ningguo's re-election as a director at the shareholders' meeting, it was undoubtedly hit by the most intense counterattack.

Mr. Fang is going to expel its seat on the board of directors!

After SMIC, a listed company, had no executive director, it will once again have a situation where the major shareholder has no board seat!

Major shareholder, seat, temporary shareholders' meeting...

Hey, suddenly there is a sense of déjà vu. Was Sina also removed from the seat of the major shareholder back then?

Many media have reviewed Sina's goodwill acquisition battle back then, but no matter what, SMIC's changes have obviously reached a critical moment.

Some people who have been following Mr. Fang's movements over the years lamented on Weibo: Mr. Fang has only grown older, not better tempered.

The outside world is quite uneasy about the violent shock of SMIC. They think that whether it is the shareholders' meeting, the board meeting or the upcoming extraordinary shareholders' meeting, it proves the conflict of interests within SMIC, and if Datang is removed from its seat, will it give up?

However, many people regard the change of SMIC as a big deal. Many people in the industry think that Bingxin's technological breakthrough is the real big deal compared to those fly-and-dog operations.

Nowadays, in the field of wafer foundry, the most advanced process for commercial mass production in the world is 32nm. It is said that Taiwan News will introduce 28nm into mass production by the end of the year, but isn't it still in mass production?

Although Bingxin has not been mass-produced, it is only a risk trial production, but on paper, it is just one generation away!

SMIC once caught up with one and a half generations, and Bingxin has now caught up with one generation.

One generation away, this is the closest gap, and it is the position that many people who work hard and sleep late, are sad, toss and turn, and work hard hope to reach!

There will always be fly-and-dog operations in the industry, and there will never be a shortage of people who work hard.

The breakthrough of Bingxin 32nm has inspired the industry, and it seems a bit magical to a wider range of public opinion.

Since the successful trial production of Bingxin 130nm, it has been muted in the news. Even when the industry media is eager to hear about it, they only mention it lightly.

Semiconductor? Wafer manufacturing?

Without publicity, there will be no noise.

But the news of Bingxin's process improvement this time is unusual, which has aroused the curiosity of many people.

Yike mobile phone is probably one of the most famous consumer electronic products in China, and what has been frequently mentioned in the past two years is its self-designed "Zhurong" chip.

Just in the past June, Yike Mars5 was launched hotly, and the processor it carries has been upgraded to "Zhurong 02". The performance performance has been comparable to that of Apple A5 and Qualcomm S3 equipped with Samsung in the evaluation of domestic and foreign institutions.

The performance of two consecutive generations of processors has proved the breakthrough and reliability of Yike in this field.

However, whether it was the Silicon Valley or the Shanghai press conference, Yike only mentioned the parameters of the processor, and almost never mentioned the name of the wafer foundry company "Bingxin".

In the relatively unpopular semiconductor field in 2011, Bingxin's growth and Mr. Fang's love for it have always been circulated in the circle, and not much exposed to the public.

This time, just looking at the media reports, it seems that... there is a very powerful company behind Yike.

What is the situation and what is the significance? In addition to the news reports from different angles, people who are interested in this can only explore it by themselves.

When Bingxin announced the successful trial production, Fang Zhuo also received calls from different departments and leaders, all talking about the development and progress of Bingxin.

At the same time, he also learned a basically confirmed internal news that Liang Mengsong, the co-CEO of Bingxin, will be on the list of preliminary candidates for the election of academicians of the Chinese Academy of Sciences to be announced next month.

This is not because of the 32nm trial production, but the "45-nanometer very large-scale integrated circuit mass production key technology research" led by Liang Mengsong and his team.

Since joining Bingxin, Liang Mengsong has indeed strongly promoted the research and development of related processes. Although he has not been in the mainland for too long, considering various factors and influences, this honor is basically determined.

Fang Zhuo did not tell Dr. Liang the news over the phone, but invited him to Shanghai to discuss the matter.

On July 6, four days after SMIC's extraordinary shareholders' meeting, COO Yang Shining received the invitation and drove to Yike to meet. He was already inclined to leave SMIC.

The result of the extraordinary shareholders' meeting was one-sided, which meant that the major shareholder Datang was completely unable to control the company, and the support previously communicated naturally became a joke.

Even though the new chairman Zhang Wenyi publicly announced a new proposal to put himself on the board of directors without communicating in advance, at this point, he felt that it was boring and it was better to leave.

Whether or not a director is a director is actually not that important. The most important thing is whether the company can develop according to its own ideas. It is precisely because of this that Yang Shining believes that he can lead SMIC forward better than Wang Ningguo. This establishes contact with major shareholders.

However, it turned out that Datang did not have enough ability and skills, so it was... not interesting.

Yang Shining knew that Mr. Fang, who had led the counterattack in a short period of time, was expressing goodwill to him through the motion, or that he wanted to reconcile the contradiction, but he still did not want to stay at SMIC.

From June 29 to July 6, Yang Shining received a call from Mr. Fang for the first time to meet and communicate, and he also planned to express his decision to leave.

At nine o'clock in the morning, Yang Shining arrived at the Yike headquarters and planned to end the meeting within ten minutes.

He arrived on the 23rd floor and was led to the president's office by his secretary.

When the door was opened and Yang Shining entered the office, his face froze and he saw five people here turning around and looking at each other when they heard the sound of the door opening.

Professor Hu Zhengming.

Dr. Liang Mengsong.

Dr. Qiu Ciyun.

Dr. Gao Qiquan.

and Fang Zhuo.

The gazes of the five people, especially the gazes of the first four, had different meanings. Yang Shining could not say what they meant specifically, but he was sure that he did not have the same feeling of looking up to him as his colleagues in the company before.

How to describe these four people...

Yang Shining swallowed unconsciously, and a smile appeared on his face. He greeted Hu Zhengming seriously: "Professor Hu, long time no see."

He has met Professor Hu in different forums and occasions and is well aware of his importance in the semiconductor field.

Hu Zhengming nodded slightly as a greeting.

Yang Shining said hello to the other three. Liang Mengsong was previously a Taiwanese reporter, but his talent after leaving the Taiwanese reporter was far more dazzling than that in the Taiwanese reporter. In the past two years, many people in the industry have lamented that even the leading Taiwanese reporter in the industry , and really shouldn’t let him go.

As for Qiu Ciyun and Gao Qiquan, one helped SMIC and Bingxin successively, and they were once colleagues. They were known as the godfathers of the treasure island storage field... In terms of status and achievements...

Yang Shining is a very arrogant person, but no matter how arrogant he is, he dare not say that his achievements and abilities are better than those of Qiu and Gao.

The four people were sitting or standing in the office, and Yang Shining was a little confused about where to sit.

"Mr. Yang, have some tea." Fang Zhuo raised his finger and pointed to the sofa.

For some reason, Yang Shining sat down on the sofa somewhat heavily, took a sip of tea silently, and then raised his head to meet Mr. Fang's profound eyes.

He opened his mouth, suddenly not knowing where to start.

Fang Zhuo didn't say anything. He just handed the information he was talking about to Professor Hu. The latter took it and read it carefully. Gao Qiquan walked a few steps to the floor-to-ceiling window to admire the wonderful city from this angle. landscape.

Others in the office were silent. Liang Mengsong was too lazy to talk, so he asked directly and politely: "Yang Shining, how are you doing at SMIC? Is 45nm ready?"

"We, we plan to mass produce 40/45nm next year." Yang Shining replied.

"That's too slow. You, the chief technology officer, have not done your job well." Liang Mengsong criticized, "Under such circumstances, why are you still engaging in a power struggle?"

Yang Shining has his own position and some grievances about insufficient technical investment. He opened his mouth to speak.

Liang Mengsong added: "Moreover, I lost the fight."

Yang Shining unconsciously glanced at Mr. Fang, "Dr. Liang, if you are not convinced, come and try my position and see if you can win the fight?"

He had thousands of words in his mind, but they turned into one sentence of self-criticism: "I'm a little impatient."

SMIC's work is not easy to do. Previous losses, lawsuit losses, huge depreciation, customer shock and other factors will eventually be reflected internally. There are so many things to talk about, but what is there to say now.

"Those of us engaged in R&D and technology must be patient, otherwise we will easily suffer losses." Hu Zhengming said gently at this time.

Yang Shining nodded.

Hu Zhengming pondered for a moment and then said: "Mr. Fang has been talking to me about the technical cooperation between Bingxin and SMIC these past two days. I believe that this aspect can play a great role in promoting SMIC and also enable SMIC." Don’t take detours. When we make semiconductors, we will inevitably encounter detours and pay a price. However, if it is focused on technology research and development and process verification, it is acceptable, but if it is focused on personnel disputes, it will inevitably be a waste of energy. "

Yang Shining looked heavy, knowing that this was a criticism of himself.

He still said: "Professor Hu, I don't want to fight for personnel and power. It's Wang Ningguo who cut off the budget continuously. I, I... ugh!"

Hu Zhengming said slowly: "SMIC has such a situation. I feel it is a pity when I look at it. Mr. Fang came to you this time. On the one hand, he has discussed R&D issues with Wang Ningguo. On the other hand, he thinks that China SMIC can still heal the rifts and still have great potential. I don’t know if his judgment is right. I just think you can achieve greater success at SMIC.”

Fang Zhuo criticized Wang Ningguo who was not present: "Although SMIC turned a profit last year, I don't fully agree with Wang Ningguo's approach. The R&D budget must be guaranteed no matter what, and the current stock price and market value must be put behind. What the company needs is the development of long-term value.”

He paused and then said: "But I don't agree with your approach of widening the cracks. Mr. Yang, where do you think there is a perfect environment? Where can there be no different opinions? Take our ice core as an example. We are There was still a debate between the front gate and the back gate in the 28nm process. In the end, I had no choice but to verify it with Xinni in both directions.”

When Liang Mengsong next to him heard this, his anger suddenly emerged and he accused: "You also know that you are He Xini?"

Fang Zhuo coughed and said, "I am talking about this with Mr. Yang. What I mean is, is it really at a point where it is completely unbreakable? Can't we really try to move forward with SMIC?"

Yang Shining fell into deep thought.

Fang Zhuo observed this person's expression, picked up the cup, and took a sip of tea. He still wanted to promote the preservation of SMIC's overall strength and minimize the impact of this incident.

After a long time, Yang Shining finished his thinking and gave his opinion in a low voice: "I think the Taiwan reporter's view on the back gate is right. This solution should be used for 28nm."

Liang Mengsong raised his eyebrows, showing some technical judgment.

Hu Zhengming put down the tea cup with a heavy hand, okay?

Seeing that the dispute was about to start, Fang Zhuo immediately said: "This issue can be discussed later. We will personally verify which solution is more suitable. And this is what I mean by avoiding detours. Since SMIC does not have sufficient funds, , this kind of craftsmanship experience is even more valuable. Dr. Jiang and I have said that the two families are connected by the same spirit, which can be regarded as a commitment. "

Yang Shining sighed slightly and said more clearly: "Although there are many factors involved, I did not do a good job in this matter, which caused a shock. The impact could have been reduced through communication and resolved to a certain extent."

He was invited by Dr. Jiang, and many people believed that the Wang Ning Congress was a transition, and that he would eventually take charge of the company. But when the situation reached this point, there was undoubtedly a huge deviation.

"This is the word Dr. Jiang sent me. If we can do our best this time to eliminate conflicts, reform internal management, and re-inject strength into research and development." Fang Zhuo pointed to the words pressed under the glass on the table and said seriously He said, "It's not too late, Mr. Yang, what do you think?"

Yang Shining looked at Mr. Fang and nodded silently.

Mr. Fang had good intentions when he teamed up with the Four Heavenly Kings of Bingxin to persuade him.

Since Mr. Fang only kills the first culprit, then... let's make up for it with merit.

Chapter 1212/1468
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Reinventing the MillenniumCh.1212/1468 [82.56%]