Rewrite the Technological Landscape

"Hahahaha." After a few seconds of silence, He Wenkang let out a complicated laugh.

In this smile, there is self-mockery, relief, surprise, and displeasure.

After all, stubborn people are often accompanied by pride, especially those who have achieved something like He Wenkang.

So, in the end, he just responded to Meng Qian, "Has Boss Meng saved enough money?"

Not only expressing his changed attitude, but also maintaining his so-called pride, it is almost impossible for a person like He Wenkang to directly admit that he was persuaded or admitted his mistakes.

Meng Qian knew He Wenkang's character well, so he followed his direction and said, "I have saved enough money, but before, I only read the general financial statements of the factory. financial statements?"

"Okay, come with me."

At this time, it is comfortable for everyone to do things more formally, but from Meng Qian's personal point of view, he really needs to look at more detailed financial statements and the details of the factory's development in recent years, because he has Something needs to be determined.

On the way back from the lithography machine research and development factory to the fab, He Wenkang kept his eyes closed and thought deeply, and he didn't open his eyes until he was downstairs in the office building. Although it was only a few minutes away, He Wenkang's eyes looked better than before. Much clearer.

After going upstairs, He Wenkang asked the accountant to sort out and print out the financial situation of the lithography machine factory in detail, and asked Cai Yuan to sort out the development of some specific plans of the previous factory, and Meng Qian waited a long time for these materials. It took hours to get it.

As for the more than one hour, he just chatted with He Wenkang for a while.

After getting the materials, Meng Qian went to a small conference room alone, and He Wenkang didn't bother him.

The lithography machine research and development factory that Meng Qian wants to acquire still needs to be emphasized that it is the first echelon factory among private companies in this field in this era.

After all, as a factory worth 500 million yuan in 2001, even if we only consider the GDP growth rate of later generations, it will be a factory worth 2 billion yuan by 2019, not to mention the increase in land prices and the lower R\u0026D costs in 2001. And other factors.

Therefore, as a domestic first-tier lithography machine factory and a factory of a private enterprise, it will naturally have an inevitable attribute, and it is also an inevitable attribute for a private enterprise to sell a factory. It has sales and can make money.

Therefore, when Meng Qian was planning to acquire this factory, he was already comparing a company in Huaxia's later generations, that is, Shanghai Microelectronics.

Because I know that I will not be able to do ASML in a short period of time on high-end lithography machines, so I will first improve the low-end and mid-end lithography machines, and then go to grab the market for low-end and mid-end lithography machines, and then use those who sell low-end and mid-end lithography machines Money is invested in the research and development of high-end lithography machines.

As a result, Shanghai Microelectronics won 80% of China's low-end lithography machine market.

What Meng Qian cares about most about He Wenkang's factory is that although its sales are not up now, it has a very good reputation, and since He Wenkang is a stubborn technician, he is very strict in product quality control.

There are still two overseas companies on the list of customers that are not many at present, but He Wenkang has done a ridiculous thing, that is:

In 2000, the sales volume of the company's lithography machines was 730 million, with a net profit of 13%, and a profit of less than 100 million. However, in 2001, the research and development of lithography machines is expected to invest 300 million..

Meng Qian guessed that He Wenkang's business would probably go bankrupt in the future, otherwise it would not be unknown if it started so early and had such a good product reputation. In Meng Qian's view, the biggest reason for the company's closure was the unreasonable ratio of R\u0026D investment.

He Wenkang only thought about research and development, and did not consider the issue of corporate profitability. In 2001, ASML invested 250 million euros in research and development, but its sales were nearly 1.6 billion euros.

This is also a very strange phenomenon in this era. Companies that can make money do not engage in scientific research, and companies that engage in scientific research cannot make money.

Therefore, the first thing Meng Qian did when he bought the factory was to make the factory profitable. Now that the factory has a certain foundation, certain customers and reputation, the products of the factory are acceptable, but He Wenkang has never paid attention to sales. I'm doing research.

But we can't say anything about He Wenkang. The balance point of making money to support scientific research is only a very small number of companies that can do well.

The global lithography machine industry has basically maintained a steadily rising market demand since 2000. Except for 2008 and 2009, the financial crisis also impacted the semiconductor industry. In 2009, the global market demand for lithography machines plummeted , but except for those two years, the total global demand for lithography machines has always been around 100 billion yuan.

Although ASML has a 100% share in the EUV high-end lithography machine market, its share in the entire lithography machine market is 70%.

Calculated based on the marketing volume of more than 10 billion euros in 2018, that is to say, in the case of ASML monopolizing the market, there are still three to four million yuan in the lithography machine market left to other lithography machine manufacturers.

Other manufacturers who will eat the 30-40 billion market in later generations are mainly Nikon, Canon, SUSS and domestic Shanghai Microelectronics.

Therefore, the first thing Meng Qian has to do is to develop Shanghai Microelectronics in this era in this current market. In 2001, he first improved the profitability of the factory, because Meng Qian understood the principle of making money first and then spending money. In 2001, when Nikon was the leader, there was at least 10 to 20 billion low-end lithography machine markets to grab, and He Wenkang only made 750 million, which was a huge space.

In addition, it is also because, with the current capacity of this factory, it is meaningless to over-develop the factory itself this year. Improving production efficiency, rationalizing the arrangement of workers, and improving the craftsmanship of workers are the keys in a short period of time.

Because according to the company's R\u0026D budget, it can be seen that of the 300 million R\u0026D expenses, 250 million is spent on the light source.

Every company's research and development has a key point. For this key point, there will be corresponding personnel and resources. Obviously, He Wenkang's focus is on the issue of light sources. The world's lithography machines are stuck in the light source problem and can't find a solution, so He Wenkang wants to grab it.

After all, for He Wenkang, even if the technology he develops later cannot be supported by his own technology, he can find others to cooperate with TSMC. As a core technology patent owner, this is also very awesome. Research this thing out.

But for Meng Qian, his rebirth advantage can completely save this money, because he already knows the answer. The final result of the 10 billion light source research and development investment in the world these years proves that everyone's research and development direction is wrong. of.

Meng Qian knew the answer by relying on his rebirth advantage, which meant that he didn't have to spend the money.

But the core of this factory's research and development is the light source, so the focus of subsequent research and development must not be on the factory itself. Meng Qian has to deal with upstream matters first, and then finalize the cooperation method and factory positioning.

Therefore, this factory, which is considered by others to be too profitable to support research and development, for Meng Qian, not only allows himself to enter the game, but also starts to make money when he gets it.

An open life is comfortable.

After further confirming the situation of the lithography machine research and development factory, it was time to discuss the details of the acquisition with He Wenkang. Under Meng Qian's attitude, He Wenkang finally convinced himself.

Yes, it was himself who convinced him in the end, and only he himself could convince himself in this world.

Being able to do things like 750 million in marketing and 300 million in R\u0026D investment further shows how stubborn this person is.

For some unknown reason, He Wenkang took the initiative to reduce the down payment to 100 million yuan, and then went through various procedures. The official acquisition is estimated to wait until the end of the month or even next month. Meng Qian returned to Hangzhou for the next step of planning.

For Meng Qian, the integration of upstream resources does not have much time and space.

After returning to the company, Meng Qian took out his previous plan and wrote three words after some deliberation: laser