Rebirth 1984: Starting from the development of Hanka

Chapter 320: Great changes in the landscape!

Wujiang Microelectronics has a total share capital of 400 billion yuan, an issue price of 100 yuan per share, and a valuation of 4 trillion yuan.

Zhao Ye took out 40 billion shares, or 10% of the shares, to enter the stock market this time.

Although it seems to only hold 10% of the shares, in fact, before the IPO, many national teams have purchased almost 15% of the shares.In addition, many large foreign investment institutions also bought about 15% of the shares at high prices.

In addition, all employees of Wujiang Microelectronics Company took 7.5% of the shares.

These add up to 47.5%.

The reason why Zhao Ye is willing to give some shares to large foreign investment institutions is mainly to expand the market and achieve win-win cooperation.

Only by abandoning the idea of ​​eating alone can Wujiang Microelectronics develop better. After all, Zhao Ye's "golden finger" cannot continue forever.

Of course, taking this opportunity to sell shares, raise money like crazy, and obtain more than 1000 billion US dollars, which is unprecedented!

However, given Wujiang Microelectronics' strong technological monopoly in the field of chip manufacturing, it is completely reasonable.

If Wujiang Group is willing to sell Wujiang Microelectronics Company, then Western countries will be willing to buy it even if they are trying to sell it.

Wujiang Microelectronics is a giant group that leads the field in chip manufacturing, photolithography machines, photoresists, ion implanters, plasma etching machines, scanning electron microscopes, single crystal furnaces, chip packaging and other fields... And there are still no competitors.

Canon and Nikon in this generation have been taken to the ditch. Dry lithography machines have been difficult to achieve. Now the gap between them and Sugon lithography machines is like a chasm.

TSMC does not have advanced photolithography equipment, and it looks like it is half-dead.

The competitiveness of Intel's chip business cannot match the chips of Loongson, a subsidiary of Wujiang Group. Due to its small scale and lack of chip manufacturing equipment, Intel is also completely unable to produce its own chips, and now it also turns to Wujiang Microelectronics as an OEM.

In the previous life, the market value of TSMC + ASML exceeded US$5000 billion.

In Zhao Ye's opinion, the total market value of Wujiang Microelectronics Company should be at least one trillion US dollars!
Major investment institutions can also analyze the development potential of Wujiang Microelectronics. This time, Wujiang Microelectronics obtained a huge amount of financing through its IPO.How much impact can this investment in research and development have? !

It is unimaginable that there will be no rival in the world.

In the field of chip manufacturing, who else is the dominant player?
It couldn’t be more stable!

The development progress of more advanced deep ultraviolet lithography machines will also be accelerated due to massive R&D investment. By then, who can shake the status of Wujiang Microelectronics Company!
As soon as the A-share market opened, countless investors went crazy buying, buying, buying!
In less than 5 minutes, the stock price of Wujiang Microelectronics Company reached the daily limit!
Such an exaggerated increase is jaw-dropping.

At this moment, countless stock investors in China can’t help but hate China’s stock price limit system, and those who didn’t grab the stocks are even more heartbroken and regretful.

At present, Wujiang Microelectronics Company does not have a single sell order on the stock market. One can imagine how popular its stock is in the financial market!
……

Treasure Island.

We have just received the news that Wujiang Microelectronics will hit the daily limit on the day of its listing. The atmosphere inside TSMC is heavy, and a feeling of despair quietly rises in everyone's hearts.

Wujiang Microelectronics' IPO has been a huge success, does TSMC still have a chance?

The local leaders of Baodao also looked very ugly.

If TSMC collapses, Baodao's electronics industry will be severely damaged.

Originally, Baodao's economy was not doing well, but now the electronics industry has fallen into a downturn. What is Baodao's future?

The mainland, which could not afford tea eggs, was now rich and powerful, leaving the treasure island far behind.

In the evening, the front pages of major newspapers in Baodao reported on the news that Wujiang Microelectronics went up to the daily limit in less than 5 minutes on the first day of its listing.

Some media couldn't help but laugh at themselves: "In 2002, our island's GDP was 2800 billion U.S. dollars, which was about 4.4 trillion yuan when converted into RMB. Today, Wujiang Microelectronics is listed on the A-share market, and its total market value has reached [-] trillion yuan. , is twice the GDP of our treasure island! The GDP of our entire treasure island is not even as good as the market value of one of its subsidiaries. I think we are the ones who cannot afford tea eggs..."

"Wujiang Microelectronics went up to the limit on its first day of listing, while TSMC's stock price fell by 8.5%! The cold winter of Baodao's electronics industry is coming!"

……

Japan.

After hearing about the huge success of Wujiang Microelectronics' IPO, the executives of Nikon and Canon became increasingly troubled. Some of the group's executives have even made it clear that they want to abandon the photolithography machine market.At present, Canon and Nikon have suffered heavy losses in dry lithography machines and must stop their losses in time.

Moreover, even if Canon and Nikon can produce photolithography machines, who can they sell them to?

TSMC is on the verge of bankruptcy.

The chip foundry market has been gradually eroded by Wujiang Microelectronics.

Wujiang Microelectronics will not buy photolithography machines from Canon and Nikon, which is very confusing.

Of course, the photolithography machine leaders of Canon and Nikon did not want their companies to give up the photolithography machine business, so they tried their best to persuade them.

"Lithography machines cannot be monopolized by Chinese companies, otherwise our Japanese chips will be choked by China! Lithography machines and chips are related to Japan's national destiny. I hope the company will persevere!!!" Canon lithography machine The person in charge, Hisamatsu Yamashita, said impassionedly.

Regarding Yamashita Nisatsu's words, the senior management of Canon Group was speechless.

If you are not in charge of the family, you don't know how expensive rice, oil and salt are.

Canon Group has long lost its former glory, and many of its products have been crushed by Chinese products.

Canon's cameras, lenses, digital cameras, medical equipment, etc. cannot compete with Zeiss cameras. Canon's electrical appliances cannot compete with China's Haier. Canon's semiconductor equipment cannot compete with Wujiang Microelectronics. Even its printing business is in jeopardy.

At present, in order to get out of the predicament, Canon Group can only cut off businesses that are losing money and have no hope, thereby reducing operating costs and focusing on developing its own advantageous projects.

Canon's lithography machine may have been a good project in the 90s and [-]s, but now it has become a burden to the group and must be disposed of. The lithography machine business cannot be allowed to drag the entire Canon Group into the abyss.

The words of Yamashita Hisamatsu, the head of Canon's lithography machines, obviously failed to impress the group's top executives.

Not long after, there were rumors within the Canon lithography machine company that the group was going to cut off its lithography machine business and conduct large-scale layoffs, which temporarily caused panic.

Regarding Nikon's lithography machines, the situation is almost the same as that of Canon.

Two brothers in distress, dying together.

However, Wujiang Microelectronics Company, because of its successful IPO and huge financing, is preparing to go big and plans to recruit semiconductor talents from all over the world.

On March 3, Canon took the lead in announcing that it would abandon its photolithography machine business and conduct large-scale layoffs.

Nikon followed suit and announced on March 3 that it would cease its photolithography machine business.

The global lithography machine market has undergone tremendous changes, with almost only Sugon lithography machines and ASML lithography machines remaining.

However, ASML's lithography machine is the younger brother cultivated by Wujiang Group. Wujiang Group started its layout very early and secretly holds 51% of ASML's shares.

In order to prevent Wujiang Microelectronics from monopolizing the chip manufacturing industry, the United States has been working hard to support ASML. Although the effect is not very obvious, there are some results. At least in the field of low-end lithography machines, ASML can still do it.

Wujiang Group is also willing to purchase a batch of ASML lithography machines, and cannot let ASML "die". Just like Intel and AMD in the previous life, if Intel is the dominant company and monopolizes x86 CPUs, it will easily be subject to the anti-monopoly department. sanctions.Therefore, Intel has also reverse-transferred some technologies to AMD to ensure that the two can coexist.

Moreover, the market needs healthy competition, and the development of ASML can also bring some pressure to Wujiang Microelectronics, spurring Wujiang Microelectronics to continue to develop.If Wujiang Microelectronics takes the lead and sits back and relaxes, then the 'stagnant' market situation will not be conducive to promoting technological innovation.

At the end of March, Wujiang Microelectronics grew again, with more than 15 employees and a market value exceeding 50 trillion yuan, shocking the world.Major investment institutions are very excited. In just one month, the market value of Wujiang Microelectronics has increased by two trillion yuan. This investment return is as high as [-]%. It is really a huge miracle!

You know, for capital management institutions, especially companies that manage large capital, it is actually difficult for them to find a good project that can accommodate huge investments.

Maybe the market value of some start-up companies has doubled after their IPO, but that depends on their size.

Suppose an investment institution invests tens of billions in Wujiang Microelectronics Company and earns 50% of the profit, that is, it earns 50 billion. But what if those small start-up companies multiply their profits several times? The total market value is at most a few hundred million or more. , investment institutions said that this little profit is not enough to fill one's teeth.

Global capital management giants such as BlackRock, Vanguard Group, State Street, and Capital Group are rarely seen in venture capital companies, because they basically do not invest in start-up companies, but directly invest in already successful companies. Head enterprise.

At present, only one Wujiang Microelectronics company can make such a huge profit, so what about the remaining companies in Wujiang Group that are preparing to go public?
Capital is going crazy again!

In April, following Wujiang Microelectronics Company, Wanjiang Real Estate made a strong attack...

(End of this chapter)