Chapter 396 What a Sin

Xiong Xiaoge is a very principled investor.

More broadly speaking, Xiong Xiaoge is a very principled person.

Fang Zhuo knew this and was not worried at all about Lao Xiong going to DCM in anger and ruining his own affairs, not to mention the connection between them and Yike.

Xiong Xiaoge knew that Fang Zhuo knew this and was determined to veto IDG's investment intention in ice core from the process.

Have a meeting, give Bing Xin a meeting.

Have a meeting, have a meeting with Fang Zhuo.

Xiong Xiaoge received an inquiry from IDG America about the ice core project. After returning to the capital, he immediately held a discussion meeting and formally denounced Fang Zhuo and his ice core project within his company, expressing his emotions and opinions.

"This guy Fang Zhuo wants to turn his hand into clouds and rain, but I won't let him do it."

"The ice core project cannot be invested."

Xiong Xiaoge made an aggressive speech when he came up.

The number of participants at IDG China was relatively small, and others couldn't help but look at each other in shock when they heard the president's speech.

Xiong Xiaoge was full of evil and continued to criticize Fang Zhuo's behavior. From the earliest investment registration network to today's Ice Core, Fang Zhuo's development history is the history of blood and tears of venture capital.

Such a burst of wild criticism made Xiong Xiaoge feel thirsty.

"Ahem, Mr. Xiong." Liao Yu, who was following the Shanghai investment meeting this time, took advantage of this moment to interject, "But ice core is a good project."

Xiong Xiaoge's eyes widened: "Why is this so good?"

Liao Yu was stunned and hesitated before saying: "This project has Fang Zhuo and Qiu Ciyun. This is the guarantee of the team leadership. Goldman Sachs, Deutsche Bank and DCM are there. This is the guarantee of funds. There is the Luzhou local government." , Fang Zhuo will go to the capital to report to the leadership at the end of the month, which is a policy guarantee. "

The more he talked, the more confident he became, and he questioned: "No matter how you look at it, this is a very good investment project."

Xiong Xiaoge took a deep breath: "The investment is large, the cycle is long, and the returns are slow. I don't believe what Fang Zhuo describes."

"SMIC is about to go public, and it has only been more than three years. Isn't the most fearful thing about investment no return? Once SMIC goes public and gets more development funds, its continued development will definitely change the semiconductor industry pattern." Liao Yu said about this The deduction is very confident, "The ice core may be the second core."

"What if something happens to SMIC?" Xiong Xiaoge hated the fact that iron cannot become steel.

Liao Yu frowned and said: "Mr. Xiong, if you have any sources of information on this, just tell them directly. Investment itself has risks, and you can't just ignore them."

Xiong Xiaoge was stunned when he was about to speak. Regarding the future of SMIC, it was exactly what Fang Zhuo expressed. He only heard it at the time, but he did not doubt his vision and judgment.

He shook his head and said: "Bingxin aims to raise funds based on the benefits of SMIC's listing. The problem is that Fang Zhuo himself is not optimistic about SMIC's prospects after its listing."

Liao Yu said steadily: "Mr. Xiong, Fang Zhuo said he was not optimistic about SMIC, but you believed it. Fang Zhuo said he wanted to make ice cores well, but you didn't believe it. It was all what he said. You are not using his spear to attack. Isn’t it logically correct?”

Xiong Xiaoge was speechless.

People in the conference room exchanged glances and nodded silently. Yes, you have to be logical.

Xiong Xiaoge glanced at the key elites of IDG and said in a deep voice: "Fang Zhuo has always taken risks. Some of his words are right, and some of his words are wrong. You have to issue a research report against this project."

"Mr. Xiong, it's already 2003, and Yike is about to go public." Liao Yu couldn't help but said, "If you can go public through insurance, don't you need a few more insurances?"

Xiong Xiaoge stared at Liao Yu with evil fire in his eyes: "Liao Yu, what do you mean?"

"I think Mr. Xiong is biased against Fang Zhuo. We have to speak based on the facts of the project." Liao Yu said simply.

Xiong Xiaoge slapped the table and said angrily: "You are so submissive in Yike, but you are attacking me hard! Can the research report be released?"

Liao Yu frowned: "Mr. Xiong, I can't accept what you do!"

Xiong Xiaoge laughed angrily: "Go to Shencheng. Hurry up and go find Fang Zhuo and report to work!"

Liao Yu shook his head: "I won't go, I have professional ethics!"

Xiong Xiaoge pointed at his general: "Then who has no professional ethics?!"

"Anyone who refuses to invest in a good project will have nothing." Liao Yu didn't mind expressing his opinions completely when it came to this job. "Whoever doesn't judge based on the facts of the project will have nothing."

Xiong Xiaoge’s face turned pale with anger!

Seeing that the president and director were quarreling until now, the people next to them finally started arguing.

"Mr. Xiong, Mr. Xiong, calm down. Goldman Sachs is also investing. At most, we can invest less."

"Mr. Xiong, Yike is going to be listed on the market soon. We will get something in return from Fang Zhuo. This is a good thing."

"Mr. Xiong, have some tea, have some tea. Anyway, it's the United States that wants to know about the project. We're not in a hurry. We don't want to get the money now."

Xiong Xiaoge listened to such persuasion and looked at their squirming eyes, and his face became even paler.

What a sin!

…

Goldman Sachs, Deutsche Bank, DCM, IDG, these are all well-known investment institutions.

Whenever you hear the name of any family in China, you will be in awe.

When these names were mixed with Fang Zhuo, semiconductors, and new projects, the media coverage became even more intense.

In fact, everyone doesn't care much about the semiconductor industry, nor about the wafer fab. Many people don't know what it does at all, but this does not hinder the interest in such an investment project and the exploration of tens of billions of investment amounts.

Some media called him "Shanghai's richest man", some reporters wrote "Fang Zhuo", some newspapers published "General Fang", and some published "Little General Fang".

General Fang is a name that seems intimate at first glance, but there are indeed different sources that prove that the young Fang Zhuo has such a name in the business circle. When the newspapers in Anhui Province learned of this situation, they even changed the name in the newspapers to be published overnight.

Billions of investments are rampant.

With such heated discussions, the entire domestic semiconductor industry is almost not excited, but more vigilant.

Because Fang Zhuo's posture of diving into the industry is too fierce, every manufacturer has been poached, every manufacturer!

It is because of this poaching action that domestic semiconductor manufacturers began to implement non-compete agreements to counter to avoid the abnormal loss of core talents.

As the biggest victim of this vicious competition, Shanghai's Huahong NEC is the most eager to implement non-compete agreements.

Although the company used connections to find the leaders and dissuaded Fang Zhuo from large-scale actions at the administrative level, some rumors such as "jumping over will double the salary" and "starting with double the salary" are still circulating among employees, making people feel uneasy.

Therefore, re-signing the non-compete agreement became the top priority of the human resources department overnight. As the monthly salary payment date was approaching, the re-signing of the agreement was linked to salary and bonus, requiring the agreement to be signed before the salary was paid.

As Huahong's ETCH process supervisor, Shen Duan was also contacted by headhunters, but he was fascinated by technology and his family was stable, so he just laughed it off when facing the headhunters' calls.

On August 10, Shen Duan was called into the office by human resources supervisor Sun Wenfang.

"Manager Shen, you are also an old employee of our factory. Here is a non-compete agreement for you to re-sign." Sun Wenfang said bluntly.

Shen Duan was a little confused. He picked up the contract and looked at it. He asked in confusion: "Three years? The compensation amount seems a little low."

Sun Wenfang asked: "Shen Duan, did Bingxin call you?"

Shen Duan shook his head and said: "A headhunter called you, but I didn't agree."

"If you don't have any ideas in your mind, why are you afraid of less compensation." Sun Wenfang said, "Our factory is worthy of you, Director Shen, you can't be a person without conscience."

"What does this have to do with conscience? I didn't answer the headhunter's call later." Shen Duan stood up and was a little angry.

"Then you sign it." Sun Wenfang said as a matter of course.

Shen Duan frowned and put down the contract: "No, unless the compensation is increased."

"Shen Duan, you want to go to Bingxin! How much will they give you? You want to talk about money!" Sun Wenfang said angrily.

Shen Duan seldom dealt with Sun Wenfang, but he had heard of her reputation and said calmly, "Don't wrongly accuse people. You people who deal with personnel affairs should have a conscience."

"You said I don't have a conscience? Shen Duan, your salaries have all been raised!"

Sun Wenfang, who was transferred from a state-owned enterprise to Huahong, glared and raised her voice, determined to have a good talk with Shen Duan about the conscience of employees towards the company.