bonanza

Chapter 520 Dispute
"What do I think?" Yang Dongsheng sneered, these bastards still wanted to drag him into the water.

"Yes, Mr. Yang can speak freely!"

"Since it's free to speak, then I'll just say it!"

"Please!"

"I think there are many problems with state-owned enterprises in our country, but the key to solving the problem is definitely not to change the ownership system! German companies are all privately owned, but their management is rigid; Temasek is a state-owned enterprise [-]% owned by the Singapore Ministry of Finance , but it is one of the best companies in the world. The key to a good or bad company is management!"

After Yang Dongsheng said this, the scene was a little cold.

Especially the economist, who curled his lips with a disdainful expression.

Anyone who has no brain problems knows that a company will not be brought back to life just because of a change of ownership.

But the crux of the matter is that their purpose is privatization.

Only when the country engages in large-scale privatization can they seize the opportunity to embezzle state assets.

This means setting the result, and then looking for reasons for the result.

Economists laughed at Yang Dongsheng for not being able to understand this.

Yang Dongsheng didn't understand the thinking of economists, and even if he did, he didn't want to explain it to him.

Anyway, Yang Dongsheng will never listen to any word of any economist in his life, and he will never point to anyone to stand on the platform or get dog food.

If you don't want to be strong!

Seeing this, the organizer of the dinner stood up to enliven the atmosphere, "Professor Wu's words are of course true, and President Yang's words are not necessarily wrong. If you listen to it, you will be enlightened, and if you believe it, you will be dark! I think it's almost time, everyone, let's take a seat!"

The dinner party officially begins.

The organizer stood up holding a wine glass, "Welcome everyone to attend this year's Dongyue Industrial Research Institute year-end conference! Since the establishment of our Dongyue Industrial Research Institute in 1993... I believe that our Dongyue Industrial Research Institute will become more and more prosperous , and finally achieve our goal - to become China's Skull and Bones!"

Yang Dongsheng said in his heart that it turned out that they proposed to benchmark Skull and Bones.

Skull and Bones is not a simple business organization.

Speaking of Skull and Bones in the United States, people's first impression is that it is a political organization that has produced presidents, Supreme Court justices, finance ministers, and congressmen... The businessman's attributes are secondary.

They want to be China's Skull and Bones, do they not know what the Skull and Bones really represents, or do they have ulterior motives?
If it was the latter, Yang Dongsheng couldn't help thinking of some terrorists who were captured. One of the promises made to them abroad was that after the founding of the country, they would become the new leaders.

Whether it is the Dongyue Association or the Jiangbei Association established later, these people are afraid that they have some kind of promise, no matter how bad they are, they will turn China into an oligarch like Russia.

At the end of the dinner, Yang Dongsheng found that some people did not leave, but were invited into the inner room. This was to develop members, and Yang Dongsheng was obviously eliminated.

As expected!

When the car drove past the golf course, Yang Dongsheng saw someone covering the lawn with felt.

Yang Dongsheng had a good Spring Festival.

Yang Richu took a hand-held camera and pointed it at Yang Dongsheng's back.

A little baby was lying on Yang Dongsheng's back like a little monkey. He was already asleep, but his hands were still on Yang Dongsheng's shoulders.

Yang Dongsheng pinched his daughter's two little hands to prevent her from falling.

"Mom, is my sister a bat spirit? Our teacher said that only bats hang themselves to sleep!" Yang Miao said.

"No nonsense!"

At the beginning of the year, the company's semiconductor department, Dongsheng Heavy Industry and other departments encountered several major events one after another.

First, serious divisions emerged within the semiconductor division.

On the one hand, the research and development of new semiconductors is progressing slowly, and no results can be produced; on the other hand, most of the resources of the semiconductor department are swallowed up by the R&D department.

This inconsistency is all too common.

In the previous life, the largest semiconductor foundry company in China had a meeting in a flash and went public in a flash.

From the state to the public, they were unanimously supported, and they were pushed to the sky, but after the listing, the company continued to make foolish tricks.

One of them is to drive away the original technical master for a dying old man who has no ambition to make progress.

Many people called the company stupid!
In fact, the reason for this incident is very simple. After the company went public, it became rich, and at the same time, there was new pressure.

As a listed company, the most important thing is the stock price.

They have to explain to the shareholders, and the top executives have generally received equity incentives. It can be said that the level of the stock price is closely related to their interests.

For management to protect the stock price, the company must generate sufficient profits.

And that technical master focused on technology research and development. After solving the 14-nanometer process, he actively developed 7-nanometer and 5-nanometer processes, thus completely surpassing his former employer.

However, the country is limited by foreign embargoes, and the process below 5 nanometers cannot be realized at all, or even if it is barely realized, the yield rate will be unacceptably low.

So the management thought of a "smart" way-to get rid of the technical masters.

They are indeed stupid.

The state supports them to go public. Shareholders buy their stocks not for speculating in stocks, but because they expect them to break the foreign oppression and earn a living for the country under foreign oppression.

In the end, they were lucky, and for the sake of short-term profits, they destroyed the Great Wall, but the stock price did not go up.

Research and development has always been a costly thing. Even for large companies such as Boeing Aircraft and General Electric, managers often cut off promising projects during their tenure for a good-looking financial statement to keep the stock price. .

This is the root cause of the decline of Boeing aircraft and General Electric.

Naturally, Yang Dongsheng would not repeat this mistake.

After all the personnel arrived, Yang Dongsheng stood up first, "Here, I would like to apologize to everyone. Our application for purchasing advanced equipment was called back again. I did not fulfill my previous promise. I am sorry!"

Yang Dongsheng stood up and bowed deeply to everyone.

It's better to admit his mistakes than to hide them. Besides, even if he admits his mistakes, who can do anything to him?
Everyone hurriedly stood up, not even daring to speak.

After some humility, a young man stood up and said, "The equipment we are using now is partly G-line stepper lithography machine and part is I-line. Theoretically speaking, it can reach 250 nanometers. It is at the current international mainstream level!"

The extreme ultraviolet lithography machines of domestic semiconductor manufacturers in later generations were embargoed, but with the help of deep ultraviolet lithography machines, they still realized the 7-nanometer process.

This is not surprising.

"You want to use the equipment to change it, what if it breaks?"

"Even if it can be achieved barely, what is the yield rate?"

There was a lot of noise at the scene, and Yang Dongsheng shook his head.

One can imagine what kind of situation that semiconductor company faced after it went public.

Yang Dongsheng said to the young man, "Tell me what you think!"

"Actually, our biggest shortcoming now is the etching machine!"

(End of this chapter)