Reborn multinational giant
Chapter 700
On the last day of February, in the afternoon of February 28th, when China was signing a fast B round of financing agreements, Kwai Chai\'s private jet had just taken off from Seoul airport and was ready to fly to Jianghai City, China.
However, the passengers on the plane are not Fang Zhe, but Liang Mengsong, the top technology bull in the chip industry, who has just left Samsung.
Fang zhe specially sent his private plane to pick up Liang Mengsong and return home, which shows his attention and courtesy.
On the plane, Liang Mengsong drank coffee quietly and looked out of the window at the roaring clouds.
Since he left TSMC for personal career development in 2009, he has been wandering abroad for nearly six years, which makes him tired.
Among them, there are not only his unaccustomed language and living environment in a foreign country, but also TSMC, which is obsessed with him because of its competition with Samsung and continues to find him trouble through various lawsuits. He wants to escape and escape from the vortex of TSMC and Samsung, but looking at the world, there are only a few chip companies. Where can he jump if he wants to change jobs?
This situation didn\'t change until the team of the mainland core Sheng fund contacted him. According to the core Sheng team, as one of the major shareholders of the mainland chip manufacturing enterprise SMIC, core Sheng and the big boss behind core Sheng, Fang Zhe, the world\'s richest man, all intend to support him as the CEO of SMIC, and as long as he nods, Xinsheng will comprehensively solve the problems of Samsung and TSMC for him and pave the way for him to become CEO of SMIC.
At first, Liang Mengsong didn\'t immediately promise. Although he was uncomfortable at Samsung, he didn\'t want to get involved in the trouble vortex of SMIC.
From the founding of SMIC in 2000 to his departure from TSMC in 2009, the litigation entanglement between TSMC and SMIC never stopped. Until the same year he left TSMC, Zhang Rujin, the founder of SMIC, was forced to leave and TSMC took a stake in SMIC, SMIC was able to survive.
Yes, "staying alive" is Liang Mengsong\'s evaluation of SMIC. In his opinion, SMIC can be seen as Zhang Rujin\'s dissatisfaction with TSMC\'s rule in treasure island, so he wants to challenge TSMC with the strength of the mainland.
But facts have proved that Zhang Rujin failed, and SMIC has inexplicably become the heart and Pearl of the mainland, because it is the hope of the mainland in the field of chip manufacturing!
In more than five years from 2009 to last year, the gap between SMIC and TSMC has not narrowed, but gradually increased. Even in South Korea, Liang Mengsong can feel the complexity. Coupled with the power struggle within SMIC in the past few years, Liang Mengsong has paid close attention to the resignation and departure of many treasure Island departments, I don\'t really want to get into trouble with SMIC.
However, it seems that the situation has changed since the Xinsheng fund founded by Fang Shoufu became one of the major shareholders of SMIC last year.
Not to mention the huge financial support brought by Xinsheng\'s continuous injection of billions of dollars into SMIC after becoming a shareholder of SMIC international, Liang Mengsong was impressed by Fang\'s richest man who helped SMIC win Qualcomm\'s 28nm Xiaolong 410 chip production order.
You know, in the past, Goldman Sachs\'s chip production orders did not consider SMIC, a lame duck chip manufacturing enterprise in the mainland. Since SMIC was founded in 2000 to last year, which large international company has heard of letting SMIC OEM chips?
Fang Shoufu and Xinsheng can win the breakthrough of mainstream commercial chip order 0 for SMIC. Does this mean that SMIC can take this opportunity to get on track and accumulate strength. Even if they can\'t catch up with TSMC and Samsung, they can also get a share in the field of global chip OEM?
At this time, Liang Mengsong\'s attitude has been relaxed.
Later, when the Xinsheng fund team revealed to him that the mainland Chip Fund would be established within a few months and would become the second largest shareholder of SMIC, Liang Mengsong finally had the idea of agreeing.
In Liang Mengsong\'s view, if Fang\'s richest man and Xinsheng show him the strength of the capital market brought to SMIC after they joined SMIC, the accession of the mainland chip large fund shows the attitude of the mainland\'s top management towards SMIC and the chip industry. Obviously, the mainland\'s top management also urgently hopes for and supports the rise of SMIC!
With the support of these two major shareholders, and after Xinsheng fund signed relevant agreements with him to ensure his smooth appointment as the CEO of SMIC international, without such messy situations as run exclusion and overhead of power, Liang Mengsong finally put down his guard, agreed and accepted the invitation of Xinsheng and returned home to serve as the CEO of SMIC international!
Just over 10 days ago, two days before the Chinese new year, Samsung officially announced the successful mass production of 14nm chips. Three days later, Liang Mengsong also officially resigned from Samsung.
Liang Mengsong doesn\'t know how Xinsheng team handles Samsung, but this makes Liang Mengsong look up to Xinsheng\'s ability.
More than two hours later, before it was dark, Fang Zhe\'s private plane landed at Jianghai International Airport. This is also Liang Mengsong\'s first visit to the mainland!
Outside the airport, Qiu Yunci, the current CEO of SMIC, and Wu Yanbin, the director of SMIC, all came to pick up the plane. Qiu Yunci has accepted this reality with the persuasion of Zhang Rujin, the old leader, and the resolution of the board of directors.
Qiu Yunci, an old man from TSMC, although he has no deep friends with Liang Mengsong, he has also had contact with Liang Mengsong. He also recognizes Liang Mengsong\'s ability. He is a technical general from the Treasure Island Department who will take up the post of CEO of SMIC. It is easier to accept whether it is the mainland faction or the treasure island faction within SMIC.
In the future, Qiu Yunci will serve as the non-executive vice chairman of the board of directors of SMIC to help Liang Mengsong better complete the transition as CEO of SMIC.
Fang Zhe, who is eating dinner with Feng Xue, is receiving Kwai Chung\'s news with the signing of the B round of financing agreement and the arrival of Liang and song song.
For the two matters, Fang zhe successively gave instructions to Huang Siyi, head of the investment department, and Wu Yanbin, director of SMIC.
As for Kwai Kwai, tiktok and jitter are very different products and user groups. So, supporting both companies at the same time is not bad.
Besides, Kwai can compete with the jitter in the future development of tiktok, but it can only be a healthy competition within the controllable range, so as to avoid the vicious competition like fast and fast.
Finally, Kwai Kwai and Kwai Chung are not seeing enough shareholding at present. Fast and fast shareholders want more help and benefits from the Huis, and they must also give up more equity or other benefits. Otherwise, Huizhong can only do as many things as it has equity!
However, the passengers on the plane are not Fang Zhe, but Liang Mengsong, the top technology bull in the chip industry, who has just left Samsung.
Fang zhe specially sent his private plane to pick up Liang Mengsong and return home, which shows his attention and courtesy.
On the plane, Liang Mengsong drank coffee quietly and looked out of the window at the roaring clouds.
Since he left TSMC for personal career development in 2009, he has been wandering abroad for nearly six years, which makes him tired.
Among them, there are not only his unaccustomed language and living environment in a foreign country, but also TSMC, which is obsessed with him because of its competition with Samsung and continues to find him trouble through various lawsuits. He wants to escape and escape from the vortex of TSMC and Samsung, but looking at the world, there are only a few chip companies. Where can he jump if he wants to change jobs?
This situation didn\'t change until the team of the mainland core Sheng fund contacted him. According to the core Sheng team, as one of the major shareholders of the mainland chip manufacturing enterprise SMIC, core Sheng and the big boss behind core Sheng, Fang Zhe, the world\'s richest man, all intend to support him as the CEO of SMIC, and as long as he nods, Xinsheng will comprehensively solve the problems of Samsung and TSMC for him and pave the way for him to become CEO of SMIC.
At first, Liang Mengsong didn\'t immediately promise. Although he was uncomfortable at Samsung, he didn\'t want to get involved in the trouble vortex of SMIC.
From the founding of SMIC in 2000 to his departure from TSMC in 2009, the litigation entanglement between TSMC and SMIC never stopped. Until the same year he left TSMC, Zhang Rujin, the founder of SMIC, was forced to leave and TSMC took a stake in SMIC, SMIC was able to survive.
Yes, "staying alive" is Liang Mengsong\'s evaluation of SMIC. In his opinion, SMIC can be seen as Zhang Rujin\'s dissatisfaction with TSMC\'s rule in treasure island, so he wants to challenge TSMC with the strength of the mainland.
But facts have proved that Zhang Rujin failed, and SMIC has inexplicably become the heart and Pearl of the mainland, because it is the hope of the mainland in the field of chip manufacturing!
In more than five years from 2009 to last year, the gap between SMIC and TSMC has not narrowed, but gradually increased. Even in South Korea, Liang Mengsong can feel the complexity. Coupled with the power struggle within SMIC in the past few years, Liang Mengsong has paid close attention to the resignation and departure of many treasure Island departments, I don\'t really want to get into trouble with SMIC.
However, it seems that the situation has changed since the Xinsheng fund founded by Fang Shoufu became one of the major shareholders of SMIC last year.
Not to mention the huge financial support brought by Xinsheng\'s continuous injection of billions of dollars into SMIC after becoming a shareholder of SMIC international, Liang Mengsong was impressed by Fang\'s richest man who helped SMIC win Qualcomm\'s 28nm Xiaolong 410 chip production order.
You know, in the past, Goldman Sachs\'s chip production orders did not consider SMIC, a lame duck chip manufacturing enterprise in the mainland. Since SMIC was founded in 2000 to last year, which large international company has heard of letting SMIC OEM chips?
Fang Shoufu and Xinsheng can win the breakthrough of mainstream commercial chip order 0 for SMIC. Does this mean that SMIC can take this opportunity to get on track and accumulate strength. Even if they can\'t catch up with TSMC and Samsung, they can also get a share in the field of global chip OEM?
At this time, Liang Mengsong\'s attitude has been relaxed.
Later, when the Xinsheng fund team revealed to him that the mainland Chip Fund would be established within a few months and would become the second largest shareholder of SMIC, Liang Mengsong finally had the idea of agreeing.
In Liang Mengsong\'s view, if Fang\'s richest man and Xinsheng show him the strength of the capital market brought to SMIC after they joined SMIC, the accession of the mainland chip large fund shows the attitude of the mainland\'s top management towards SMIC and the chip industry. Obviously, the mainland\'s top management also urgently hopes for and supports the rise of SMIC!
With the support of these two major shareholders, and after Xinsheng fund signed relevant agreements with him to ensure his smooth appointment as the CEO of SMIC international, without such messy situations as run exclusion and overhead of power, Liang Mengsong finally put down his guard, agreed and accepted the invitation of Xinsheng and returned home to serve as the CEO of SMIC international!
Just over 10 days ago, two days before the Chinese new year, Samsung officially announced the successful mass production of 14nm chips. Three days later, Liang Mengsong also officially resigned from Samsung.
Liang Mengsong doesn\'t know how Xinsheng team handles Samsung, but this makes Liang Mengsong look up to Xinsheng\'s ability.
More than two hours later, before it was dark, Fang Zhe\'s private plane landed at Jianghai International Airport. This is also Liang Mengsong\'s first visit to the mainland!
Outside the airport, Qiu Yunci, the current CEO of SMIC, and Wu Yanbin, the director of SMIC, all came to pick up the plane. Qiu Yunci has accepted this reality with the persuasion of Zhang Rujin, the old leader, and the resolution of the board of directors.
Qiu Yunci, an old man from TSMC, although he has no deep friends with Liang Mengsong, he has also had contact with Liang Mengsong. He also recognizes Liang Mengsong\'s ability. He is a technical general from the Treasure Island Department who will take up the post of CEO of SMIC. It is easier to accept whether it is the mainland faction or the treasure island faction within SMIC.
In the future, Qiu Yunci will serve as the non-executive vice chairman of the board of directors of SMIC to help Liang Mengsong better complete the transition as CEO of SMIC.
Fang Zhe, who is eating dinner with Feng Xue, is receiving Kwai Chung\'s news with the signing of the B round of financing agreement and the arrival of Liang and song song.
For the two matters, Fang zhe successively gave instructions to Huang Siyi, head of the investment department, and Wu Yanbin, director of SMIC.
As for Kwai Kwai, tiktok and jitter are very different products and user groups. So, supporting both companies at the same time is not bad.
Besides, Kwai can compete with the jitter in the future development of tiktok, but it can only be a healthy competition within the controllable range, so as to avoid the vicious competition like fast and fast.
Finally, Kwai Kwai and Kwai Chung are not seeing enough shareholding at present. Fast and fast shareholders want more help and benefits from the Huis, and they must also give up more equity or other benefits. Otherwise, Huizhong can only do as many things as it has equity!