Three years ago, Xinsheng fund founded by Fang Zhe and Datang Telecom, the second largest shareholder of SMIC, secretly signed a gambling agreement.
The two sides agreed that if SMIC can enable SMIC to realize mass production of 14nm chips within three years, Datang Telecom will transfer all SMIC shares held to SMIC fund at the market price.
On the contrary, Xinsheng fund will transfer all SMIC shares held to Datang Telecom at the market price.
Both Xinsheng fund and Datang Telecom intend to seek more equity in SMIC and enhance their control and influence over SMIC.
They can't move the equity of the national large fund, so they can only make ideas on each other.
Three years ago, Datang Telecom did not believe that SMIC could mass produce 14nm chips before this year.
But now SMIC has done it!
Datang Telecom, however, went back on its word!
It was not easy to get the shares of SMIC international and rank as the second largest shareholder. How can it easily give up its rights and interests?
...
Jianghai SMIC international headquarters, several core shareholders of SMIC, chairman, CEO and other executives are listed.
In order to support the scene, Luo Zhiqiang, director of Datang Telecom in SMIC, specially invited Li Guohua, chairman of Datang Telecom.
"President Fang, this is Mr. Li Guohua, chairman of our group.
SMIC, as one of the most important holding companies of Datang Telecom, attaches great importance to this, whether it is chairman Li or the whole Datang Telecom. "
Luo Zhiqiang introduced Fang Zhe and everyone here to a middle-aged man with a square face with a Medium hairstyle and a gray suit.
Fang zhe nodded, and Wu Yanbin, sitting beside him, said hello to Li Guohua on his behalf.
This scene annoyed Li Guohua.
As the chairman of a state-owned enterprise, Fang zhe despised himself like this. It's really impolite.
Fang Zhe, who was calm and calm, turned a blind eye to Li Guohua's sinking face.
Since the other party is looking for trouble, why should I give the other party a good face?
Aside, Zhou Xuezi, chairman of SMIC, Liang Mengsong, CEO, and the acting director of national large fund were silent.
Among them are Liang Mengsong, who firmly stands on the side of Fang Zhe and Xinsheng and hopes Datang Telecom to abide by the gambling agreement.
Zhou Xuezi, who was sent from above, naturally stood with state-owned enterprises such as Datang Telecom.
There are also two independent neutrals, the directors of the national large fund.
The atmosphere in the meeting room fell into silence.
Fang zhe knows that without the tacit consent of Zhou Xuezi, chairman of SMIC, Datang Telecom can not openly repent.
Therefore, it seems to be the opposition between Xinsheng fund and Datang Telecom, but it is actually the opposition between Xinsheng fund and Datang Telecom and Zhou Xuezi, the current chairman of SMIC international.
What purpose does Zhou Xuezi have? Fang zhe can think of it with his ass.
It's nothing more than playing with the protection of officials in officialdom, or making Xinsheng fund opposed to Datang Telecom. It's easy for him to manage.
Fang zhe hated this thought of struggle.
Over the past decade or so, if it had not been for the repeated internal struggles of SMIC, I am afraid the situation of SMIC would have been much better than it is now.
"President Fang and Dong Li can support the development of SMIC and the rise of China's chip industry.
Zhou and all employees of SMIC are very grateful.
I think both the country and the people are as grateful to Simson fund and Datang Telecom for their contributions to SMIC and China's chip industry.
As the saying goes, peace makes money.
Whether it is Simson fund or Datang Telecom, it is an indispensable and important force on the road of SMIC international to glory and the rise of China's chip industry!
Although I wasn't there when you signed the gambling Agreement three years ago.
But I think the original intention of the old chairman to promise you both to sign a gambling agreement was to make SMIC develop better and faster.
It is also because, spurred by this agreement, SMIC has now reached the threshold of mass production of 14nm chips.
Both of you are meritorious ministers!
Of course, with regard to the gambling content of this agreement, we should not only take into account the business reputation, but also consider how to achieve a win-win or even win-win situation for SMIC and both of you.
I don't think you two want to see, nor do the people above and the whole country. We ignore the great benefits of SMIC's development and the rise of the whole national chip industry because of a small commercial interest between us.
So I hope that no matter how you decide, you can understand the general situation and take into account the overall situation! "
Zhou Xuezi's eloquence attracted Fang Zhe's disgust.
What is general knowledge and taking into account the overall situation?
It's over to act according to the agreement. There's so much talk!
Fang zhe winked at Wu Yanbin.
Wu Yanbin said:
"Mr. Zhou is right. In that case, I hope Datang Telecom can abide by the original gambling agreement and complete the delivery with us as soon as possible!"
"You!" Luo Zhiqiang was full of energy.
Li Guohua's insincere smile.
Zhou Xuezi's peaceful face also sank.
This Fang zhe doesn't give himself face!
Fang zhe didn't bother to talk to them. He asked directly:
"Don't Mr. Zhou think that implementing the agreement is the best win-win situation, or does Mr. Zhou have better proposals?"
Zhou Xuezi, with a gloomy face, said nothing.
He knew that in this matter, he could only remind him not to say it clearly, otherwise, it would be bad for his career.
However, Fang Zhe and Xinsheng fund pretend to be confused. Since you don't say it directly, we'll do it according to the agreement.
"President Fang is young and promising to have such great achievements.
I have always appreciated a capable young man like president Fang.
Since the original intention of our cooperation is for the better development of SMIC.
In this way, I would like to make a good proposal to transfer half of the shares held by Datang Telecom to Fanghe Xinsheng fund at the market price.
It is not only the performance of our original gambling agreement, but also a manifestation of our sincerity in cooperation between Datang Telecom and Xinsheng fund.
For the better development of SMIC in the future, we Datang Telecom are willing to suffer this loss! "
Li Guohua's opening made Fang zhe sick.
He said with a smile: "thank you for Dong Li's sincerity, but it's really disgraceful for a state-owned enterprise such as Datang Telecom to offer flowers to Buddha.
A man is willing to gamble and admit defeat. I believe that with the reputation of Datang Telecom, he will not play tricks like a child! "
Fang Zhe's words choked Li Guohua again.
Looking at Fang Zhe and Xinsheng fund, Li Guohua was furious.
"It's shameless to give face." Luo Zhiqiang scolded in the bottom of his heart.