Vol 2 Chapter 1526: 100 billion just burned out

After the event, Wu Hao and the others took a short break, drank morning tea, and then started work.

This will also be the first board meeting of SIC Technology Co., Ltd. attended by all shareholders. In addition to shareholders like Wu Hao, this meeting also includes SIC's management, that is, Yuan Shouyi.

Wu Hao and the others will listen to their related work reports on the board of directors, and discuss and decide on major issues of the company.

The meeting was placed in the small meeting room of Core Technology Co., Ltd. The environment of this meeting room is still very good. It should be said that the environment of the entire Core Technology Co., Ltd. park is good. This park is located in the suburban high-tech industrial zone. The local area has also prepared a large area for them, with a total of about 1,000 acres. In addition to the office park, there is also the entire park. Development and production park.

The construction of the entire park was rebuilt on an unfinished factory project. In order to catch up with the progress at the beginning, it was chosen to accept this unfinished factory project after many inspections.

This saves them a lot of time. You must know that if you re-select the site, it will involve a series of problems, such as the most time-consuming and laborious problem of money, and the leveling of the land, which will take a lot of time.

So in the end, after continuous on-site inspections and the strong recommendation of local leaders in Shanghai, they finally took over this unfinished project.

For the local leaders of Shanghai, this unfinished project has finally been accepted by some people. It is definitely an excellent thing, and it can be regarded as a re-use of resources.

A professional design and construction team was hired to conduct a comprehensive inspection and evaluation of the construction facilities in the unfinished factory area, and re-planned it according to the actual situation of the factory area. Judging from the results of the inspection and evaluation, it is still very gratifying. Most of the buildings in the factory are in very good condition and can be used.

Therefore, the design and planning team retains some available building facilities, and then builds related laboratories and manufacturing workshops according to relevant requirements.

In order to catch up with the schedule, the entire construction period was compressed very tightly. It took only seven months from the start of the construction to the completion of the construction, plus the subsequent renovation, which took a total of about ten months.

Yuan Shouyi took the R&D team and company employees he built to move here from the rented building, and then began relevant research work.

In the small conference room, Wu Hao and the others lined up at the conference table, looking at the big screen in front, and listening to Yuan Shouyi's work report.

In the work report of more than 40 minutes, Yuan Shouyi gave a detailed introduction to the whole process of core technology from its inception, to the entire research and development process, and the final success, and then listed the current issues they are facing. Difficult problem.

One of the core problems is lack of money.

Regarding this issue, the shareholders in the conference room seemed a little silent. The entourage sitting in the back row and the management cadres of Core Technology all held their breath, watching nervously the reactions of the shareholders sitting in the front row.

In the face of the silent crowd, it was still an old horse, and he took the lead to break the calm. He looked at everyone present, then coughed and said: "Silent can't solve the problem. Now the problem is in front of everyone, let's talk about it."

How long is this, 100 billion will be burned out, this is too fast. Li Feihong couldn't help but speak.

Sun Shu, who was sitting by the side, said: "The R&D industry of lithography machine is a project that burns money, but it burned 100 billion so quickly, it is indeed a bit..."

Sun Shu didn't finish what he said, but everyone understood what he meant. There is no doubt that he also felt that the rate of burning money was a bit too fast.

Tao Zhengyang, who has some understanding of this aspect, said: "Whether it is photolithography machine research and development or chip manufacturing, it is a very money-consuming industry, and this time we have entered these two industries at the same time, 100 billion yuan. In fact, there are not many, or even relatively few."

Xuebing nodded and said: "Indeed, whether it is the research and development of the lithography machine of the core technology company or the construction of our factory in Shudu, they are all money swallowing beasts. Compared to other companies, we are talking about it. There are fewer."

Hearing what everyone said, Wu Hao knocked on the table and said: "I don't think everyone should be entangled with this hundred billion. Anyway, it has already been spent. What can I do. As for where it is spent, is it expensive? If you have any questions, you can check the accounts, or send a professional team to conduct an audit.

I think these are all right, this is the rights and interests of shareholders. What we are going to discuss now is that there is no money, what to do now, and how to solve it. "

After speaking, Wu Hao looked at the old Ma and Xiao Ma on the side. In this regard, they had anticipated it a long time ago, and have always left behind.

After feeling Wu Hao’s gaze, Xiao Ma immediately said: “The project has reached this stage. What can be done? Only additional investment is needed. Everyone knows the development prospects of this project. I don’t think it is necessary. What concerns."

You can't say that.

Liu Qi, who was sitting across from Brother Xiao Ma, opened his mouth and said: "The development prospects of this project are very good, everyone knows. But we also have to formalize the difficulties and problems that this project will encounter.

First of all, what we have to face is the suppression from the West and our powerful rival Helan. They definitely don't want us to have such a high-process 5-nanometer EUV lithography machine, and they will do everything possible to target us.

I don't talk about other aspects. I believe that everyone has understood and even experienced those methods. "Speaking of this, Liu Qixiang glanced at Wu Hao and Tao Zhengyang~www.readwn.com~ and then continued: "I will just say that this is what Western companies are used to. How do they let go of the control of our 5nm EUV lithography machine and allow the 5nm EUV lithography machine to be exported to China, then what should we do and can we compete with each other.

In addition, if the other party wants to suppress our 5nm EUV lithography machine and thus unblock the export use of your most advanced 3nm and 2nm chips, then how should we respond?

This project is good, but for us investors, the most undesirable thing is to only see the immediate benefits and ignore the risks behind the benefits.

Therefore, I think we should make adequate preparations in this regard, and further examine the risks of this project, so as to face it rationally. "

Liu Qixiang's words are correct at first glance, and there is indeed such a problem. But the core meaning of his words is still to reject or oppose additional investment. For him, who has been in the capital market for many years, what he has to do is to pursue the greatest benefit, not to take greater risks.

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