Global Monopoly of Technology

Luo Sheng took over the documents and browsed them one by one.

Not long after the Cote d'Azur released the first real smartphone more than ten years ago, after the product began to make large-scale profits, the company proposed a strategy of a domestic semiconductor industry chain that does not depend on foreign supply chains. plan.

This is a grand strategic plan that no outsider can even imagine.

Over the years, the accumulated capital invested in RMB has reached several trillions, which is why Shengfeng Capital was established. The venture capital in the technology field is mainly concentrated in the semiconductor field.

The time period is long and the scale of investment is huge, so only Luo Sheng can endure it, and the continuous profit creation of his several companies can support it.

Such a huge amount of prepaid capital is finally seeing its time to blossom.

Yao Jianhong said: "These companies are outstanding, standing out from thousands of start-up companies. The gap between the underlying materials, manufacturing equipment and Europe and the United States is basically not large, and the internal evaluation results are expected to become their respective locations. The future potential leader in the industry chain."

At this moment, Luo Sheng is patiently watching the information of these companies.

【Zhongwei Technology】

Established in August 2008, Côte d'Azur holds 36.21% of the shares, and is the leader in domestic storage potential. With the introduction of foreign companies, the market share has continued to increase. Last year's operating income has surpassed Zhaoyi Innovation, storage prices have continued to rise, and the company's profitability The ability has become more and more dazzling, and the market has given a valuation of 62 billion yuan.

【Cinna Technology】

Established in April 2011, Shengfeng Capital invested 37% of the shares, and the potential leader of domestic targets. Ultra-high-purity metals and sputtering targets are one of the key materials for the production of ultra-large-scale integrated circuits. The company's ultra-high-purity targets Metal sputtering target products are now available in batches at the 11nm technology node, successfully breaking the monopoly of European and American multinational companies. This company will surely become more and more important in the domestic electronic materials industry. 21.9 billion yuan.

【Hengsheng Technology】

Founded in February 2005, Côte d'Azur acquired 56% of its shares. It is a potential leader in domestic equipment manufacturers. Its business scope covers integrated circuits, LEDs, photovoltaics and other fields. Many equipment have entered the 11nm process, and the product line covers etching machines. , oxidation furnace, cleaning machine, diffusion furnace, PVD, CVD and other major categories, downstream customers are mainly domestic first-line fabs such as Xiongxin Electronics, and the market value is 42.8 billion yuan.

【Intelligent Technology】

Founded in 2011, Shengfeng Capital Investment holds 39.2% of the shares. It is a leader in domestic storage design and FPGA potential. After ten years of concentrated development, Zhimin Technology has become a domestic leader in memory chip design, and has turned losses into profits. Market Give it a valuation of 49 billion yuan.

【Nantian Microelectronics】

Founded in July 2007, Côte d'Azur Investment holds 35.8% of the shares. Chip sensing, communication control, and power saving are the company's core businesses, and it is committed to becoming a high-end product, technology, service and overall solution with smart chips as the core. Solution provider, the market has given a valuation of 32 billion yuan.

【Reebok Technology】

The company was established in 2004. In the same year, Cote d'Azur acquired its shares as high as 68.72% in less than half a year after its establishment. Reebok has long been the world's first in the field of fingerprint identification chips, because its largest customer partner is the parent company Cote d'Azur Coast has not only received orders from the parent company but also received technical support from the parent company to provide fingerprint identification chips for all generations of Azure mobile phones, ieP tablets, mainframes and now Dabai robots.

This company is almost unknown, and has been making a fortune behind the parent company, so low-key that even VCs think it is just a departmental organization of the Côte d’Azur, because its products are marked with the parent company’s. Trademarks can’t be covered up and don’t need to be hidden and tucked away when they are listed on the market. The market valued them as high as 128 billion yuan.

【Tuowei Technology】

Founded in 2005, Côte d'Azur acquired 70% of its shares and restructured it to serve the parent company's strategy. After adjustment, it was committed to the research and development of human-machine interface solutions to provide the most competitive touch chips for mobile electronic devices. , display driver chip, touch display integrated single chip and pressure touch chip, etc., the market has given a valuation of 78 billion yuan.

【Xinlu Semiconductor】

Founded in early 2012, Shengfeng Capital Investment holds 47% of the shares. It is a new start-up company with smart security chips and automotive electronic chips as its core business. .

Yao Jianhong has selected these 8 unlisted companies, or subsidiaries, affiliates or holding companies of Côte d’Azur, Shengfeng Capital Investment, M\u0026A, and several of them started with Côte d’Azur and also got on this line. The thighs took off.

Luo Sheng nodded again and again with satisfaction. These 8 companies cover the design capabilities, manufacturing, materials, processes, equipment manufacturing and other core areas of upstream and downstream industries in the semiconductor field, and play a pivotal role in the domestic semiconductor industry chain plan. key role.

It can be said that this time is to show the real baby to deal with the blow of the old beauty this time.

Don't hide it, it's a showdown.

Originally, they were all secretly protected. Letting companies such as Zhaoyi Innovation, Huiding, Ziguang, and Huada stand in front of them to attract the attention of the outside world was actually a trick of cultivating the plank road in the dark.

You must know that there are thousands of subsidiaries, subsidiaries of subsidiaries, and holding companies under Côte d’Azur alone. There are also seven or eight thousand invested by Shengfeng Capital, and the scale of large assets is dozens or hundreds. billions, small hundreds of millions.

With such a huge number, it was exhausting just to move one, not to mention Luo Sheng deliberately kept a low profile.

In the semiconductor industry companies such as Zhaoyi Innovation and Ziguang, Shengfeng Capital has also invested money, and their development is also remarkable, but the main purpose of investing money is to let them attract firepower, and whether they can achieve results is secondary , of course the best results.

If it is said that Xiongxin Electronics and these are "born sons", Reebok Technology and these are considered "illegitimate sons", and Zhaoyi Innovation and the like are at most distant relatives, and of course they value "pro sons" the most. Followed by "illegitimate children", and finally distant relatives.

But now it seems that they are just "tool" companies, and they are all fake leaders. In the future, we have to look at unlisted companies such as Reebok, Zhongwei, and Tuowei. These companies will be the future leading companies in the semiconductor industry.

It is worth mentioning that these 8 companies are going to be listed on the Big A Science and Technology Innovation Board, and their shareholding structure is obviously the same share with the same rights, because the Big A does not support the same share with different rights, and none of the largest shareholders of these companies is. The exception is either Shengfeng Capital or Cote d'Azur, whose shareholding ratios are all above 34%.

Voting on major matters of the company requires a two-thirds majority, that is, the voting ratio must reach 67% absolute control. In other words, as long as Luo Sheng votes 34% to vote against major matters, but 67% of the votes cannot be passed, it is equal to Has a veto power.

In addition to having a pivotal right to speak in the ownership structure, the real right to speak lies in the supply and demand and core technologies of the industrial chain.

In technology companies, core technology is the foundation.

In fact, what Luo Sheng wants is very simple. You shareholders can just lie down and make money, but don't dictate the company's development strategy. You must serve the parent company's grand strategy. This is originally a strategic investment, not a financial investment. Even if it goes public The stocks held will not be easily cashed out, but will always be held to ensure control.

Even if it persists, it will not fall below the red line of 34%.

It is those VC institutions who have made a large-scale reduction of holdings and cashed out to take profits. They come purely for profit and are financial investments.

These companies are all involved in important links in the semiconductor industry chain, and they are potential leaders. If one of them is not obedient and acts against you, they will have to stare blankly and be unable to do anything, and the overall layout will be bad.

Of course, Luo Sheng cannot tolerate the existence of such potential hidden dangers, and must be firmly controlled. It is no longer an easy task to compete with the international semiconductor industry chain.

Putting aside the information he had read, Luo Sheng said, "Let's disclose it tomorrow. You can preside over the conference of the folding screen Azure-5X and PC laptops."

Yao Jianhong nodded: "No problem."

Next month is September.

This fall, Cote d’Azur will release two new products, one is a 5G mobile phone with a folding screen. The Azure-5 has been on sale for three years, and it will not be able to sell without releasing new products. The 5G version of the folding screen mobile phone does not have the Azure-5. So amazing, but relatively speaking, but so far it is also the world's first folding screen 5G mobile phone.

Other manufacturers have not done it yet, and it is also the first smartphone to support 5G technology, still leading its peers.

As for Azure-6, it is still under secret research and development, and it is impossible to release the latest flagship product this year.

The PC laptop business is a supplement to the fringe business of the Côte d'Azur. The PC industry is already shrinking gradually, and the company will not invest too much energy in this field.

Although neither of the two products are stunning epoch-making products, they have extraordinary significance and unique historical status.

These two new products will be built entirely from the entire domestic semiconductor industry chain. Their core technologies, such as chips from design to packaging, are all localized. Except for outsourced edge technologies, all core technologies do not rely on any international supplier. Chain manufacturers provide support.

It is no exaggeration to say that these two products are a "final exam" for Luo Sheng's domestic semiconductor whole industry chain planning strategy for more than ten years. Success means that the domestic chip semiconductor industry has officially formed a positive In the closed-loop ecology of internal circulation, it doesn’t matter even if Laos and the United States completely and completely prohibit the cooperation of international suppliers. The monopoly has been completely broken, and the next thing to do is to further develop and complete from chasing the world to leading the world.

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