Chapter 477 Troubles

In the last few days of March 2004, several shocking things happened in the secondary market.

On March 21, Shanda successfully listed on the NASDAQ in the United States, but it fell below the issue price immediately after listing, and the IPO raised only US$152 million, far below the previously announced target of nearly US$260 million.

On March 22, SMIC, which was in a lawsuit with TSMC, went public in the United States and Hong Kong, and then fell sharply below the issue price, showing the capital market's pessimism about SMIC's future direction.

On March 23, initiated by the Beijing Communications Administration and the Beijing Communications Industry Association, 246 communications companies jointly signed the "Beijing Wireless Mobile Value-added Service Industry Self-Discipline Convention", and many SP service providers such as Sina, NetEase, Sohu, and TOM.com were listed.

Affected by the official regulatory news of the wireless value-added market, the stock prices of the three major portals all fell slightly, and TOM.com, which was already preparing for listing, stopped the roadshow plan, neither announced the next move nor responded to the reporter's interview.

It is said that TOM.com was interviewed by relevant departments and required to rectify its business that affected its listing. Its road to listing encountered substantial setbacks. Some shareholders expressed doubts and dissatisfaction with the actual controller Zhou Kaixuan, and there may be major personnel adjustments.

As time is about to enter April, the news related to the secondary market has suddenly increased, and the analysis and disclosure of various parties have made the media and related circles extremely lively.

Under such circumstances, Fang Zhuo, president of Yike, postponed his flight to Luzhou and communicated twice with Zhang Xinsheng, chairman of the Bailian Group, which was reorganized locally in Shanghai.

The two sides communicated sincerely and are expected to jointly develop the Zhuyuan 2-3 and 2-4 plots, which had just concluded the previous bidding.

Although Fang Zhuo's actions were extremely low-key, some people still heard the news, and once again reviewed the last highly anticipated bidding process, and felt that the 40 million lead was even more intriguing.

"Mr. Fang has already made up his mind. He wants to develop the land with Bailian, right?"

"It is probably because of Bailian Group that Yongke dares to buy the land at such a high price. The two companies in Shanghai are fighting against Hong Kong businessmen together."

"Yongke has relieved its financial pressure. The next bid may be very aggressive. Does the prime land in Shanghai really depend on Yongke's actions?"

"Liu Yiyi is very proud. He really followed the right person by following Mr. Fang."

The news of Yongke was analyzed by many people. This was inevitable because of Liu Suyi's high profile. He was so high-profile not only because of showing off, but also wanted to use this momentum to complete the merger and reorganization of Yongke.

This was what Mr. Fang told him before he went to Luzhou. He didn't expect Mr. Fang to let him do it like this. He also believed more and more that Mr. Fang's words "If you can't give blood transfusion to Bingxin within two years, you will replace him" were not false.

Just when Liu Suyi was planning the merger, Fang Zhuo had quietly arrived in Luzhou and planned to meet Professor Hu Zhengming, the former CTO of TSMC.

However, he was a little worried about how to communicate with the professor.

Should he talk about money? Talk about the significance of the development of the national semiconductor industry? Talk about the position that Bingxin can give to the professor?

After thinking about it, it was not easy to talk about it.

Hu Zhengming was 57 years old at the time. He had reputation, prestige, money, and achievements. Whether in his career or in the academic field, he was not an ordinary success.

Fang Zhuo tried to change to the professor's perspective, but he also felt that it was difficult to impress such a person.

On March 24, Fang Zhuo appeared in Luzhou in a low-key manner. In less than half a day, he was warmly picked up by the city's special car.

This was not a welcoming banquet.

According to Secretary-General Luo Minghua, this was a thank-you banquet for the other party. In addition to the city leaders, the participants also included Meiling's corporate leaders and guests who came from Chengdu.

The most important guest was Comrade Ni Runfeng, the head of Changhong.

Ni Runfeng has been in Luzhou for four days. He is personally supervising the cooperation between Changhong and Meiling, and he wants to complete the prototype of Changhong's technical upgrade as quickly as possible.

When he met Mr. Fang, he felt like he was seeing a relative, and he was more enthusiastic than the leaders in Luzhou.

"Mr. Fang, your Bingxin is a big deal."

Ni Runfeng did not talk about Changhong, but talked about the Bingxin project that he took time to see. That trip made him deeply feel the importance that the city and the province attached to Mr. Fang's project, and even changed the name of the road.

The Bingxin factory on Yuhu Road.

It's worthy of using Boren to talk...

Forget it, Ni Runfeng doesn't want to recall the past. At his age, it's rare to be confused.

Anyway, it's good now. I heard that my son is adapting well to Yike, and his relationship with colleagues and friends is also good. He will soon go abroad to do business.

"Bingxin is a difficult problem." Fang Zhuo didn't smile. There were many problems to overcome on this trip. The equipment procurement that was stuck in some parts of Bingxin and the high-level talents that Bingxin wanted to introduce were not easy to do.

"What about Changhong? Has it encountered any problems? Do you need me to stimulate it again?" he asked Lao Ni.

"No, no, now everyone is united, and everyone hopes that Changhong will be good, and hopes that the company will release good news as soon as possible." Seeing that Mr. Fang looked serious, Ni Runfeng quickly said, "Too much is as bad as too little, and now feels the best."

Fang Zhuo nodded: "If you have something to say, please talk to me, I have a knife in my hand."

Ni Runfeng glanced at Mr. Fang's expression, wondering if his calm expression also contained a warning to him, which knife was that?

"Come on, Mr. Fang, Mr. Ni, I'll toast you two." Secretary General Luo Minghua interrupted the topic with a glass of wine, his words full of gratitude, "Mr. Ni's cooperation with our Meiling is a win-win situation. Mr. Fang, I would like to express my gratitude on behalf of the city for matchmaking."

Luo Minghua really thanked Mr. Fang.

Who would have thought that Mr. Fang not only personally invested in the project, but also turned around and brought a nationally renowned enterprise to settle in the local area, and it was a high-quality landing.

The three of them drank a glass of wine and chatted with each other for a few words.

Luo Minghua saw that Mr. Fang's expression was a little strange, and asked directly: "Mr. Fang, what do you need to solve this time? If you have any problems, you must raise them, and don't be afraid to trouble the city."

Ni Runfeng looked at this secretary general with a ranking, who was almost arm in arm with Mr. Fang, and thought in his heart that he must bring Mr. Fang to the ribbon-cutting ceremony for the cooperation between the two companies tomorrow. He even brought his son there, and now he needs to take advantage of the momentum to run a business.

"Secretary Luo, Professor Hu, have you met? Is there any good way to communicate?" Fang Zhuo was not polite.

Luo Minghua hesitated for two seconds and said bluntly: "Yes, Mr. Fang, this old professor is very persistent. The city and the school have expressed their intentions to Bingxin, but he refused very clearly."

He continued: "Moreover, we have expressed it to him more than once, but he is still very stubborn. Hey, Mr. Fang, for this matter, several people secretly call him Professor Shitou. He has a very stubborn temper."

Fang Zhuo was troubled by this. This professor is not easy to deal with, but Bingxin, which is eager to recruit talents, has to deal with it, and it has to do everything possible to deal with it.

He sighed and sighed sincerely: "Why is it so difficult to run a business?"

Ni Runfeng felt sympathetic and nodded.

Fang Zhuo glanced at Old Ni and said, "Alas, it would be great if everything could be handled as simply as Changhong."

Ni Runfeng still recalls the series of actions taken by Mr. Fang after he arrived in Chengdu. When he heard this, he suddenly felt relieved.

So that's how he felt?

He was also curious. What kind of professor could make Mr. Fang so difficult?