Technological power starts with upgrading lenses

Chapter 80 Integration Plan
"what idea?"

Dong Jianyuan suddenly had a bad feeling.

Chief Lu said solemnly: "Let your two companies merge directly!"

"M&A?!"

The expressions of Kang Chi and Dong Jianyuan immediately changed slightly...

Who acquires whom?

Silicon Information Technology acquires Dahan Silicon Industry?

It is definitely impossible for Kang Chi to accept this, and since they have already developed a floating-band method single crystal furnace, Chief Lu should not make such an excessive suggestion...

Therefore, Dahan Silicon should acquire Silicon Information.

But where did Dahan Silicon get so much money to buy Silicon Information?
"I know this may be a little difficult for you."

Before the two of them could react, Chief Lu said again seriously:

"First of all, Dahan Silicon has an unstable foundation and is relatively short of funds. Although Silicon Information Technology has a strong foundation, its current technical shortcomings are relatively obvious, which may make it difficult to have a perfect merger and acquisition plan."

“But what I want to say is that in this silicon chip battle, we are the weak side, and it is inevitable to suffer damage. It is just a question of how much, but we can try to reduce and share the damage as much as possible to ensure that our semiconductor industry as a whole, It can develop smoothly and healthily.”

After hearing these words, Kang Chi and Dong Jianyuan couldn't help but fell into deep thought.

Chief Lu’s meaning has actually been made very clear.

To reduce harm, we must concentrate on rapidly developing the silicon wafer industry.
The most effective way to concentrate efforts is to integrate resources.

However, during the integration process, it may cause certain damage to the interests of Dahan Silicon Industry and Silicon Information Technology.

This actually allows them to help the entire semiconductor industry share the damage equally.

From Kangchi's perspective, he has an absolute technical advantage and certainly does not want his shares to be diluted.
But if Silicon Information is really bought, with the talents, facilities and other resources they have accumulated over the years, Dahan Silicon Industry can indeed achieve a take-off in strength in a short period of time.

From the perspective of Silicon Information Technology, although they have a big family and a big business,

But as a technology company, their weak technology is destined to put them at a disadvantage in this integration.
Even being eliminated is entirely possible.

After Kang Chi thought for a moment, he raised his head and said, "I want to hear your advice first."

Chief Lu nodded, then stood up, pacing and said:
"I can make a general suggestion here. As for whether you can accept it, you have to discuss it yourself."

"First of all, Mr. Dong will estimate the value of Silicon Information Technology after he returns, and then the state will directly lend money to Dahan Silicon. Dahan Silicon will complete the acquisition of Silicon Information Technology. Shencheng Silicon Industry Group can discount the price, and it will give the most to Dahan Silicon. Hold 10% of the shares and cannot interfere in any decision-making of Dahan Silicon Industry in the future."

"At the same time, Dahan Silicon Industry guarantees that in the future, when the supply of silicon wafers exceeds demand, the shipment volume to Shencheng Silicon Industry Group will be guaranteed to be above 50%."

After listening to Chief Lu's bold plan, both Dong Jianyuan and Kang Chi couldn't help but feel a little shocked.

For Kang Chi, this is equivalent to the state paying directly to help him buy the entire Silicon Information Technology!

The price is only to sell 10% of Dahan Silicon's shares to Shanghai Silicon Industry at a discount, and to guarantee more than 50% of the supply to Shanghai Silicon Industry.

The price was much smaller than he expected.

The main reason is that Chief Lu’s gesture is too big.
He bet almost all his money on Dahan Silicon Industry, forcing it to complete this industry integration of She Tun Xiang.

This is truly a huge show of love for Kangchi!

Ok,
Although from a national level, this is nothing more than a left-hand to right-hand game.
The value of Silicon Information Technology is obvious here, and they are not afraid that Dahan Silicon Industry will not be able to pay back the money.

Unless Kangchi's management is poor and Sixin is completely wiped out...

But this possibility, at least for now, is still very low.

Moreover, besides betting on the combination of Kang Chi + Yan Hui, Chief Lu actually had no better choice.For Dong Jianyuan, the situation does not seem to be that bad.

First of all, the original intention of Shencheng Silicon Industry Group in establishing Silicon Information Technology was to reduce dependence on foreign countries and reduce risks in the silicon wafer supply chain.

As for making money from silicon wafers...

They couldn't even think about it for the time being.

Silicon wafer R&D is the most thankless link in the semiconductor industry chain. R&D investment is huge and the rate of return is low.
Anyway, so far, Silicon Information Technology is in a state of losing money, and Shanghai Silicon Industry Group has to spend a large amount of money every year to keep Silicon Information alive.

It feels like it's tasteless and a pity to throw away.

And now the higher-ups are directly providing money to help Dahan Silicon Industry buy Silicon Information, which means they can get rid of this mess while preserving capital.

And can hold up to 10% of Dahan Silicon Industry.

It is equivalent to being out of the game, but not completely out of the game. At least there is a possibility of long-term gains.

Finally, the guarantee of 50% shipments can also largely eliminate their worries about the supply of silicon wafers after selling Silicon Information.

It can be said that Chief Lu has already taken into consideration all the concerns of Kang Chi and Dong Jianyuan!

Kang Chi had to sigh, is this the leader's overall view?

But now the biggest question is, what is the valuation of Silicon Information Technology?
If this valuation is too high, Kangchi will definitely find it difficult to accept it, and if it is too low, Shanghai Silicon Industry Group will definitely not be happy either.

This is the detail that Chief Lu said before that they need to negotiate among themselves.

Dong Jianyuan pondered for a moment, and then said: "This matter is of great importance. I need to make a phone call to discuss it with President Chen."

Chief Lu nodded, so Dong Jianyuan stood up, left the reception room and made a phone call.

Kang Chi thought for a moment, and it seemed that Dahan Silicon also had a shareholder...

Although I don’t have much say in the matter, for such important company matters, I still need to say hello in advance.

So after explaining the situation to Chief Lu, he walked to the corridor and called Zhang Qing.

"...The situation is like this. If the merger is really completed, our two shares will be diluted according to the proportion, but the total is only 10%. If it is diluted according to the ratio of 96% for me and 4% for you, you will lose 0.4%. .”

"Well, I'm definitely fine with that!"

As soon as Zhang Qing heard this, her eyes suddenly turned into crescents with smiles.

If the merger can really be achieved, the valuation of Dahan Silicon will definitely increase several times, but she can still have 3.6% of the shares...

Shanghai Silicon Industry Capital can only hold 10% of the shares!

Could there be a better investment than this?
Zhang Qing feels more and more that the original investment of 4000 million was so worth it!

"Ahem, don't be too hasty to be happy. Money doesn't come from strong winds. This probably means that Dahan Silicon Industry will be saddled with tens of billions of liabilities in total..."

"It's okay, the debt is not heavy, I believe in you!"

After reaching a consensus, the two quickly hung up the phone. When Kang Chi returned to the reception room, Dong Jianyuan had already sat back in his seat.

"We in Shanghai Silicon Industry support this integration plan."

"Dahan Silicon has no problem either."

"Very good." Chief Lu immediately clapped his hands with satisfaction and said, "Then you should seize the time to finalize the details and complete the enterprise integration as soon as possible. If you encounter any conflicts that are difficult to adjust, feel free to come to me."

"Well, I understand, thank you, chief."

　There will be another update later today, don’t think I’m too short TT
　　
　
(End of this chapter)