Chen Fang and Qin Mohan did not spend their birthdays in China, but after working on Qin Mohan's fan meeting, the next day, they took a special plane to Xiangjiang.

On June 2, Liang Hui's daughter Ruo Ruo will hold a birthday party for the week of the chasing week in Xiangjiang. In order to support the scene for her goddaughter, Chen Fang and Qin Mohan were invited to participate. In addition, Moshui, who has regained confidence, will also participate in the night game on Wednesday, June 3.

In fact, Chen Fang had another important task. After arriving in Xiangjiang, Qin Mohan and Liang Hui took Ruo Ruo shopping and were preparing for birthday gifts for Ruo Ruo. Chen Fang came to the Wild Fox Investment Xiangjiang Branch located in Central.

"Mr. Chen, Mr. Cai. Things are not done well, I am willing to accept the punishment." Chen Sheng looked at Chen Fang and Cai Ruiheng with shame. His cousin handed over the Wild Fox Investment Xiangjiang Branch to him for management and gave him 5% of the equity of Xiangjiang Company, but he messed up the matter.

Chen Fang frowned a little and asked Chen Sheng: "Asm (asml) will plan to produce 12 7nm lithography machines in 2016. According to the shareholding agreement, we should be able to get two 7nm euv lithography machines."

Chen Sheng explained to Chen Fang: "We took over the equipment in the name of Warwick Electronics, which violated the WASSENA Agreement and the board of directors has the right to refuse."

"It seems I've been neglected." Chen Fang shook his head and smiled bitterly: "It seems that Huaxin International is not good either."

The full name of the "Wasenal Agreement" is "The Wasenal Agreement on the Control of Export of Conventional Weapons and Dual-Use Items and Technology" is an agreement between Western countries to limit the development of Huaxia Technology through technological monopoly. Chen Fang has always believed that the Western background of Wild Fox Investment Company and the technical support of Aoshi Company can bypass this agreement, but in the end they caught the flaws.

Chen Fang said to Cai Ruiheng: "Mr. Cai, the "Wasenner Agreement" seems to be a hurdle that cannot be avoided. Tesla's technical authorization needs to be accelerated."

At this point in time, the United States is currently in a chaotic period before the change of leadership, and the Wild Fox Company can still get the fire. If the Democratic Party or the Republican Party come to power, if new energy technology is included in the WASSENA Agreement, it will be useless.

Cai Ruiheng was still very relieved about Tesla: "I will arrange this. Tesla's technology is civilian, and the engineers are in place. After all, this factory has 8% of Tesla's equity, which can be regarded as technical authorization fee. And if we really walk out the path, Musk will definitely not give up on the big market of China."

Returning to the topic just now, Chen Fang looked at Cai Ruiheng and Shen Sheng and asked: "Is there any other way to solve the lithography machine of Asmay? You can't just watch them sell it to others, right? With the popularity of smartphones in the future, the mobile phone chip market will definitely rise rapidly. If we cannot complete the layout 16 years ago, then we may miss the next leap opportunity."

Chen Sheng admired this young cousin very much. As an investor, he had no mistakes in the project he liked, but Chen Sheng had no way to solve this problem at present. As a Xiangjiang native, he had never felt the power of the "Wasenal Agreement" because Xiangjiang was not in the area limited by this agreement.

"Xiangjiang!" Chen Sheng and Cai Ruiheng looked at each other, and then said the place name at the same time.

Chen Fang thought for a long time, then shook his head: "Xiangjiang's semiconductor industry is too weak. Several existing semiconductor companies in Xiangjiang can only produce small integrated circuits with simple markets and specific needs, and do not have enough technical reserves for chips."

This is caused by the special geographical environment of Xiangjiang. Xiangjiang, once one of the four Asian dragons, is a free economy and the world's three major financial and trade centers. It determines that its economic development will not be towards high-precision technology. With the special support of the United States, many companies in Wanwan have developed many world-class chip manufacturers.

"How is MediaTek doing recently? I heard that their market value has been cut in half." If Xiangjiang cannot find a suitable company, Chen Fang has to turn his target to Wanwan's chip technology companies. MediaTek, which is squeezed by Qualcomm and Unigroup Spreadtrum this year, is a good goal.

In the 3g era, MediaTek's integrated mobile phone baseband chip became the darling of China's copycat phones. With the help of the mainland market, MediaTek's market value once exceeded NT$400 billion, or approximately US$12 billion in 2010, while TSMC was only US$18 billion at that time.

In 2014, TSMC won the chip business of iPhone mobile phones. In addition, MediaTek was suppressed by Qualcomm's 4g patent, and the two Wanwan chip companies have begun to gradually widen the gap. Currently, TSMC's market value has exceeded US$40 billion, surpassing Deyi to become the world's second largest chip production and processing company after Qualcomm.

Since the second half of 2014, the world's three largest mobile phone chip manufacturers, Qualcomm, MediaTek and Spreadtrum have been flooding with price wars, and competition has begun to become increasingly fierce. In this war, MediaTek is the most passive. As a chip research and development company, they do not produce supporting factories themselves. At present, the 3G market is squeezed by Spreadtrum, and the competition with Qualcomm failed. TSMC and Lianhua have been at a high cost. Since entering 2015, the market value has been falling all the way, and it is currently only 5.7 billion US dollars. The second quarter financial report is coming out soon. It is estimated that the company's valuation will further lower.

MediaTek is already contacting TSMC and is preparing to sell itself, while TSMC wants to focus on chip foundry and has not yet considered whether to acquire this Wanwan brother, who originally wanted to take over his position as the boss.

Due to Wanwan's special political and economic system, mainland companies and even Xiangjiang companies related to mainland funds are not qualified to acquire Wanwan's enterprises. So MediaTek, which is almost at a low point, is a little jealous, but Chen Fang still has no way to take it directly.

Chen Fang thought about it and said to Cai Ruiheng: "Mr. Cai, if you acquire MediaTek in the name of the American Wild Fox Investment Company, is it possible to succeed?"

"Our book funds on the US company in Wild Fox Investment Company are only one billion US dollars. If we want to complete this acquisition, we have to use capital leverage to find Goldman Sachs or Morgan Stanley to conduct mergers and acquisitions."

"No." Chen Fang said resolutely: "Whether it is Goldman Sachs or Morgan Stanley, the acquisition agency fee of up to 20% is too high, and even if the acquisition is completed, it will be subject to their financial review in the next few years, which will be detrimental to our future operations."

After stroking for a long time, Chen Fang said to Cai Ruiheng: "Tell Saudi Sovereign Wealth Fund that according to a valuation of 50 billion, we will sell 8% of Uber's equity to them. Then we will acquire a local shell company in the United States to acquire MediaTek. According to MediaTek's current market conditions, it should not have fallen to the bottom. After the second quarter financial report in July comes out, it is estimated that about 5 billion should be able to be taken down."

Since it had been decided, Cai Ruiheng immediately prepared to execute and began to contact Peter far away in Yanjing to discuss how to operate. Chen Fang explained to the two of them a few more words, and he must keep it confidential. Especially for Chen Sheng, this will be the last test for him. If he can pass this test, the investment in the wild fox in Xiangjiang can be given to him to take charge.

After everything was explained, Chen Fang left with his birthday soon, and he had no energy to deal with these numbers here, and he left professional things to professionals. He would rather provide direction guidance.

Cai Ruiheng had long been used to taking out two gifts from his bag and throwing them to him, as a birthday gift for him and Qin Mohan. I guess the boss was busy with this task and might not have time to attend his birthday dinner.

Chen Sheng was impressed by his side and invested in Asmay Company for 500 million US dollars in the name of the Wild Fox Xiangjiang Company, which made him feel that he had reached the peak of his life and could write a heavy hand on his resume. Unexpectedly, at this moment, his little cousin had decided to acquire a chip company with a market value of more than US$10 billion, and he waved his hand and left indifferently.

"Are you finished?" Seeing Chen Fang coming over, Qin Mohan asked him to sit beside him.

Liang Hui, who had been to Xiangjiang many times, was familiar with this place. She found a more stylish cafe and sat here with Qin Mohan waiting for Shenfang.

Chen Fang nodded, and while reaching out to tease Ruo Ruo who stared at him with big eyes on him, he replied: "Well, I'm done, this time it's a bit troublesome. In order to restrict us, these Western companies have even moved out the "Wasenal Agreement"."

"It's fine." Qin Mohan didn't want to worry about Chen Fang's investment, nor was he interested in knowing the specific situation. He took out a black gift box from his bag and handed it to Chen Fang: "I bought you a watch to make a birthday gift."

Since Chen Fang first gave Qin Mohan a couple watch with Audemars Piguet, she fell in love with this brand. "Australia Peter" has truly loved Audemars Piguet, what a beautiful meaning.

"This is the watch Mo Han personally selected for you." Liang Hui said with some envy, "One million, this girl doesn't even blink."

Qin Mohan joked to Liang Hui: "Didn't you also buy a Jaeger-LeCoultre watch for Brother Liu? We are protecting each other, and you are advising Brother Liu to ask Jaeger-LeCoultre to go home and take a look."

Chen Fang didn't care about the two women's bickering, but looked at this watch, Audemars Piguet Royal Oak series classic watch, black stainless steel case, octagonal bezel, plaid decorative dial and a strap formed in one piece with the case, which was very manly. The strap has been adjusted according to Shen Fang's wrist.

Chen Fang took off the couple's watch that he had taken in his hand for two and a half years and handed it to Qin Mohan, and then tried it, and it was just the right size.

Ruo Ruo's birthday party was held at the old-fashioned "Ayi Abalone" restaurant. Liu Yikai's father himself is a veteran artist in Xiangjiang. Feng Jingyao in "Shanghai Band" and Hong Qigong in "The Legend of the Condor Heroes" were played by him.

There are many stars in the film and television industry who came to congratulate this time, even Fa Ge and Andy Lau came in person. This can be said to be for the sake of the Liu family’s father and son. The arrival of the big shots of film and television companies such as Lin Yue of Huanya Film and Television and Jiang Zhiqiang of Ans Film and Television are obviously not something that Liu’s father can reach.
Chapter completed!