Rebirth 99 to become a car giant.

Chapter 503 Buy, buy, buy!Nanshan Group is not short of money

The establishment of Nanshan Precision is relatively low-key.

Most people didn't pay special attention to it, thinking that Nanshan Group was messing around on its own.

Even Cao Yang himself could not keep his eyes on Nanshan Precision all day long.

Because 2009 is also a very important year for Nanshan Group.

After the financial crisis broke out last year, 2009 will be the key to whether we can seize many opportunities.

For China, the situation in April 2009 was obviously different from that in the first quarter.

Whether it is official data or changes in corporate orders, we can feel that China's economy is recovering rapidly.

However, for the international market, the impact of the financial crisis is actually greater.

On January 2009, 1, Nortel Networks, the largest telecommunications equipment manufacturer in North America, filed for bankruptcy protection.

If compared with other large equipment, it is definitely incomparable.

But the precision instrument industry is still too professional, and she really doesn't understand it.

The semiconductor industry itself has not yet made any money.

Of course, as China pays more and more attention to scientific research in the future, the related market will expand.

And almost no one is following the path of Nanshan Semiconductor. From chip design to wafer production to packaging and testing, they want to do everything by themselves.

Cao Yang has seen too many problems where domestic companies suffered huge losses after spending heavily on overseas acquisitions.

Even the number of R&D personnel of Nanshan Group is one of the largest in the country, and the treatment is also speechless.

In fact, the other party's situation is somewhat similar to theirs.

"However, we must also pay attention to the risks of legal compliance. Don't spend money. The enterprise will indeed be out of our control by then."

This makes it much easier for Nanshan Investment to buy and buy in the international market.

Naturally, Zhang Fugui and Lin Ling had no objections to this.

"In this way, the relationship between us will definitely be able to take a further step, which should also be beneficial to future cooperation."

Obviously, if compared with Nanshan Group, it is not on the same level at all.

Naturally, he also has to grasp the trends in the industry in a timely manner.

"If you want to recruit from outside, you won't be able to recruit talents who have mastered core technologies unless you pay a high price."

"By then, Nanshan Semiconductor's comprehensive strength may be the strongest in the country."

Of course there are large enterprises, but many small and medium-sized enterprises, even small companies with only a few dozen people, have mastered one or two core technologies.

"Mr. Cao, our layout of lithium mines, nickel mines and cobalt mines is almost completed."

With her investment status in Nanshan, there is no need to mess around.

"If there is no impact from the financial crisis, their operations tend to be very stable."

"Although we have been engaged in chip design for many years, in some areas, chip companies in Silicon Valley still have their own uniqueness."

Zhang Fugui is a person who worked hard in the 90s, and he is quite knowledgeable in this area.

Although many companies occupy a monopoly position in the Chinese market, their annual sales in China may only be a few hundred million yuan.

"This is also a bit passive for us."

"Now is the best acquisition opportunity."

"If you miss this opportunity, it will probably be difficult in the future."

"As long as 20% of the founder team's shares are retained, the rest can be transferred."

"Nanshan Semiconductor is backed by Nanshan Group, so there should be no need to worry about funding in the next two to three years."

"According to the current preliminary situation, the company will need to spend no more than US$10 billion at most to acquire Nvidia."

"If some of these companies are in trouble now, you can consider buying them back."

Even among the Fortune [-], it is almost difficult to find professional companies in this field.

In terms of semiconductors, the one that needs the most attention is obviously Nanshan Semiconductor.

"If Nanshan Semiconductor's layout can be realized, then their prospects will be really worth looking forward to."

"I even heard that they are doing a lot of research on chips for other consumer electronics."

"For example, we are not very good at GPU design related to image processing."

Lin Ling and Zhang Fugui came to Cao Yang's office again to report on Nanshan Investment.

But when it comes to Nanshan Semiconductor, the situation is a little different.

If ordinary companies were struggling like this, Xu Jun would definitely not be optimistic about it.

"The domestic economy already looks like it's about to recover. I'm worried that it will take too long and things will change."

"Money is not an issue. As long as they are willing to sell, whether it is higher or lower is not the most critical issue."

"Either poaching people or negotiating acquisitions, Nanshan Semiconductor makes very frequent moves."

Lin Ling is a professional financial person and has a good understanding of various acquisition plans.

"Most of them will be concentrated in Nanshan Semiconductor for their own production."

2009年3月9日，北极熊过去5个月耗尽了35%的外汇储备，GDP单月同比下降8.8%，工业生产产值同比下降16%，创15年来最大降幅。

"What they want to do is also relatively big, and their starting point is different from ours."

He clearly felt that Nanshan Group was completely different from other domestic companies.

The technical staff of Nanshan Semiconductor and the technical staff of Warwick HiSilicon would go to each other's company every now and then to conduct some technical exchanges.

Although Warwick HiSilicon is currently only responsible for chip design and has no plans to enter the wafer factory, who knows what will happen in the future.

Lian Zhitian obviously understands the situation of Nanshan Semiconductor quite well.

Even Shitian's contact with the Nanshan Group was not a day or two.

How Nanshan Semiconductor can ensure its own interests requires early planning.

"We at Nanshan Investment have also recruited some Japanese and Europeans during this period. I wonder if we can introduce some incentives in the plan to acquire companies."

"The salary offered by Nanshan Semiconductor is too high, and it is simply impossible for us to follow up."

“I even made a fortune in the gold market in the past few months.”

This is quite meaningful to Nanshan Group.

In particular, the chip industry is special and is destined to be suppressed in the future.

"Mr. Wang, I heard a saying that in the future, Nanshan Group's industries, whether it is CNC systems on machine tools or parts produced by Nanshan Auto Parts, all those that need to use semiconductor components such as chips will need to be purchased domestically. .”

"Everyone should consider cooperation as much as possible."

Of course, even from a purely financial investment perspective, acquiring Nvidia is a very valuable thing.

"Nanshan Semiconductor wants to localize all domestic automotive-grade chips, so it should be relatively open to various external cooperation."

But there are only a few that have become successful.

"I don't know when they will bring us a surprise."

"Promise them!"

But Zhang Fugui obviously doesn't have to worry about Cao Yang doubting himself.

“I can contact a few friends and see if I can find someone who is familiar with this industry.”

"Thanks to the impact of the financial crisis, it is not that difficult to recruit people. Otherwise, I estimate that Nanshan Semiconductor will offer higher salaries."

Even Shida is quite optimistic about the future of Nanshan Semiconductor.

"Or part of the chip foundry can be considered to be handed over to Nanshan Semiconductor's chip factory in Shanghai."

“In addition, more confirmations and arrangements need to be made in terms of talent mobility and the departure of the founder team.”

"Don't spend a lot of money and just acquire an empty shell. That means nothing."

And when the semiconductor industry was paying attention to the news of Nanshan Semiconductor, Zhang Jing brought another good news to Cao Yang.

This is also a continuation of the good relationship that the two sides have accumulated over the years.

Warwick HiSilicon has the most say in this regard.

"Mr. Xu, several Silicon Valley chip design companies we had contact with before were recently acquired by a mysterious company."

Not to mention that Nanshan Group has developed many new technology products in recent years, but Nanshan Group's emphasis on technology research and development alone cannot be matched by ordinary enterprises.

As BYD's vice president of R&D, Liang Chuanqing is in charge of all R&D work of the group.

You never know when these things will be available to play an important role.

The issues involved here are much more complex.

Maybe in a few years, we can cooperate with Nanshan Semiconductor to build a wafer fab.

2009年3月2日，美利坚道琼斯工业股票平均价格指数收于6763.29点，创下1997年4月以来的最低收盘水平，这也意味着道琼斯指数的市值在短短一年半时间内已缩水过半。

Unlike Nanshan Semiconductor, the wafer fab has already started construction and its team has recruited tens of thousands of people.

2009年2月6日丰田公司宣布将出现数十年来首次年度净亏，公司业绩将从原先预计的500亿日元纯利润变成3500亿日元净亏损。

"Today's Nanshan Group has strong profitability and a very healthy balance sheet."

There are actually quite a few domestic chip companies.

If it weren't for the fact that some people value more than just salary, BYD Semiconductor would probably have poached a lot of its technical talents.

Although there is some good news later, for example, Citibank announced a profit in the first quarter of this year.

When Lian Zhidian said this, Xu Jun also considered it seriously.

"Mr. Cao, NVIDIA has let go."

Warwick HiSilicon would think so, and BYD Semiconductor is naturally not idle either.

If ordinary people proposed this plan, they might mean poaching the company.

Nanshan Semiconductor has raised the salary standards in the industry, and the impact is not just on your own company.

The development in the past few years has not been ideal, and now being affected by the financial crisis, life can be said to be very sad.

Even if there are, they are just entrepreneurial companies, and we don’t know when they will have results.

"Otherwise, it would be impossible for Nanshan Auto Parts itself or Xingchen Automobile itself to complete this task."

Although Liang Chuanqing is not engaged in human resources, he still knows the approximate salary of various talents in the company.

In a few years, after the impact of the financial crisis has passed, if you want to acquire someone else, you will have to spend more money, and they will not easily sell to Chinese buyers.

That move was so big that it was scary.

After all, no matter how good the ivory tower is, it will eventually enter society.

"There are many small and medium-sized companies in Japan and Europe. They may only have one or two hundred people, but they may be well-known in the industry in a specific segment."

Although BYD's current earnings are not bad, they have always been relatively stable.

Relatively speaking, BYD Semiconductor focuses more on the semiconductor components needed for new energy vehicles such as IGBTs.

Taking this opportunity, it seems like a good idea to participate in the construction of the Nanshan Semiconductor Magic City Fab Factory?

The semiconductor industry seems big, but the circle is also very small.

It does not have the style of a large manufacturer with a market capitalization of trillions of dollars in later generations.

Other domestic semiconductor companies are rarely heard of involving automotive-grade chips.

"These companies are generally not very large and not that sensitive."

Although Nanshan Group's series of buying and selling actions have not made a big splash for the time being, for those in the industry who have been paying attention to Nanshan Semiconductor, they can feel the determination of Nanshan Group.

Now is definitely the best time to acquire companies in the international market that have core technologies but are in trouble.

Beginning in March 2009, the Federal Reserve purchased a large amount of treasury bonds and implemented a quantitative easing monetary policy, and the depreciation of the US dollar followed.

On February 2009, 2, UBS Group released its quarterly report, which showed that the group suffered a loss of approximately US$10 billion in the quarter, mainly from losses in investment banking risk positions, and a full-year loss of US$69 billion.

"But after the acquisition, Nvidia must set up a branch in Shanghai, and it must accept Nanshan Semiconductor to arrange for relevant personnel to enter the company to jointly research related GPU and other chip technologies."

"There is no way, Nanshan Group is rich and powerful, we can't match it."

"As long as Mr. Cao is determined, even if he burns [-] to [-] billion on Nanshan Semiconductor every year, there should be no problem."

Thinking of this, Xu Jun immediately gave a positive reply and said: "Screen it to see which chips are suitable for cooperation with the other party, and find a time to go over and communicate with them."

"I inquired about it and found out that behind this mysterious company is Nanshan Investment, a subsidiary of Nanshan Group."

"In this way, there will be brave men under the heavy reward, which should be very beneficial to our acquisition."

When running a business, the bigger the better.

"There are many semiconductor-related companies in Silicon Valley and Japan, and Nanshan Semiconductor has arranged people to contact them."

"In the next period of time, in addition to continuing to communicate with chip design companies about acquisitions, some precision instrument companies can also be acquired if they have core technologies."

"But judging from some of the actions of Nanshan Semiconductor that we have recently heard about, the other party is probably serious."

Especially in the context of the financial crisis, this action is even more exaggerated.

"No problem, as long as we can acquire the right company, we should pay some reasonable price."

However, the domestic strength in this area is too weak, and the competition between them can almost be ignored.

“As long as we can acquire the companies we want and the acquisition price is right, we can give them some high bonuses.”

"I had some doubts about this statement before. After all, it is very difficult to get all kinds of chips."

I didn't think about making much noise in the chip industry.

"According to your statement, wouldn't it become more difficult for BYD Semiconductor to poach people from the industry?"

2009年1月27日，美利坚汽车市场过去10月的销量与2007年同期相比下跌了32%，这是美国汽车市场自1991年以来的最差水平。

Cao Yang reminded Zhang Fugui and didn't dwell on too many details.

On the contrary, he is looking forward to the future of Nanshan Semiconductor.

"It seems that Nanshan Semiconductor is very determined to develop chips."

If the market value of one trillion US dollars cannot be achieved, then 1000 billion US dollars is not a big problem, right?

By then, Nanshan Group will be making a lot of money.

But in Japan and some parts of Europe, this is not entirely the case.

That would be too difficult and not suitable for BYD.

But with the blood transfusion of the group, there is no problem in continuing to support it.

<divclass="contentadv">"Judging from the current pace, Nanshan Group's buying and selling actions have never stopped."

When Zhang Jing said this, Cao Yang naturally had no objection.

For many people in Nanshan Group, Nanshan investment is relatively mysterious.

"That's when all hell broke loose."

More often than not, it is a relationship of cooperation, exchange and complementarity.

The first thing Wang Fu thought of was what impact Nanshan Semiconductor's actions would have on him.

She knows this very well, so she won't mess around easily.

When Liang Chuanqing said this, Wang Fu breathed a sigh of relief.

Xu Jun is a little looking forward to the development of Nanshan Semiconductor, but also a little worried about the development of Nanshan Semiconductor.

Zhang Fugui on the side proposed a bolder plan.

Zhang Jing's words made Cao Yang feel happy.

"In addition to NVIDIA, which you mentioned is still in negotiation, some other small design companies have already won several contracts."

In China, people tend to look down on small companies.

The demand for automotive-grade chips is actually greater.

But the entire industry.

There is definitely no problem in using these profits to further develop semiconductors.

"Yes, now our semiconductor talents are mainly cultivated by ourselves."

After purchasing a laboratory, there may not be any need for it for several years.

If others don’t know about Nvidia’s future, how can he not know about it?

NVIDIA, which focuses on chip research such as GPUs, is still a small player in the chip industry.

But the overall situation is very pessimistic.

For many precision instrument manufacturers, their scale is actually small.

Wang Fu is also self-aware.

After all, these precision instruments are very niche.

"There are also some technologies related to automatic parking of cars, which we have basically not researched."

"I just don't know how long they can last. Don't insist on it for a year. If you find that the investment is too high and the return is too low, just stop doing it. That will be very harmful to the domestic semiconductor industry."

"No problem, I will personally fly to the United States and have a good communication with the NVIDIA team."

In particular, Nanshan Semiconductor has purchased two residential communities in Yangcheng and Shanghai to accommodate Nanshan Semiconductor's talents, which is already well-known in the industry.

Compared with burning money, BYD cannot compare.

"The wafer factory in Shanghai is said to be under construction day and night, and the progress is very fast. It is expected to be completed by the end of this year."

Xu Jun made a very bold judgment.

"Nanshan Semiconductor is now fully engaged in various automotive-grade chip-related fields, and it does not hesitate to spend a lot of money to recruit people and buy companies. This intensity is indeed amazing."

Many people know that there is such a company, but their specific business is not very clear to everyone.

The annual market will not be particularly large.

But it is only compared to the past market.

Many acquisition plans will go much smoother if insiders or people familiar with the situation cooperate.

He even thinks that Warwick HiSilicon can further cooperate with the other party, "Mr. Xu, I think that if some of the company's chips are close to the direction that the other party is researching, I have tried to buy them from them."

"They have been very active in Silicon Valley recently, and they are also in contact with many small and medium-sized enterprises in Japan."

Even because of Nanshan Semiconductor's high salary recruitment, students from various domestic universities have become much more enthusiastic about learning microelectronics and other related majors.

Although the situation abroad and at home are definitely not exactly the same, some things are similar.

Although everyone makes products in the same industry, they are normally competitors.

"The acquisitions related to Nanshan Semiconductor also went relatively smoothly."

But it also depends on who you compare with.

"As long as you are not acquiring some very sensitive companies, the threshold is not high now."

"Nanshan Semiconductor started poaching people like crazy in the second half of last year, and it has not stopped its pace of expansion until now."

"Try to finalize the acquisition this month."

This is somewhat similar to the automobile industry.

Pretending to understand something that you don't understand can lead to big trouble.

His main purpose in engaging in semiconductors is not to have to work so hard to produce parts and cars, but the bulk of it will be taken away by chip manufacturers.

In the first quarter of 2009, the unemployment rate in the Eurozone reached 1%, the highest level in 9.5 years.

"Although the technology of automotive-grade chips is not the most cutting-edge in the industry, the demand for chips in the automotive industry is also quite large. It is not easy to solve this problem."

He knows better than anyone how the economy will develop in the future.

If you don’t take advantage of 2009 to make a good effort, it will be much more difficult to make trouble in the future.

Even after people see you developing so fast and feel a sense of crisis, they will start to think about how to deal with you.