Chapter 26: The Enemy Is in the Command Center

On October 7, 2003, the cold autumn sunlight was baking this ancient yet modern city. Through the car window, Song Han watched the river flowing quietly, reflecting the prosperity of the city. prosperity and vicissitudes.

Watching the boats coming and going on the river, an inexplicable sense of loss welled up in Song Han's heart. It was as if there was a thick barrier between him and the hustle and bustle of this newly - thriving city.

Recalling his two brief experiences of rebirth, in the first one, he was inexplicably shot dead before he could even figure out what was going on.

In this one, he'd even lost the use of his legs, carried a debt of blood, and had to hide every day.

Wasn't rebirth supposed to mean being full of vigor and waving one's youth around?

Why was it so miserable for him?

Were all reborn people just doomed to such a fate?

"For this signing ceremony, it's enough for Manager Luo to attend. Why do you insist on coming here in person?

Based on what you've said, you should know how dangerous this is!"

"Some things need to be faced personally!"

Song Han stared at the pedestrians outside the thick bullet - proof glass.

The large motorcade passed by the crowd and finally stopped in front of the Pingxin Hotel.

Being wheeled out of the car amidst the support of the crowd, Song Han glanced at the signal relay vehicle with the CCTA logo on it and the container trailer following beside it, and gave a faint smile.

"After preparing for so long, it's time to bring some things to an end!"

In the private room of the hotel, Dr. Zhang Jing introduced, "When I was preparing to set up , to share the financial pressure, with the help of my connections from previous work and the support of the country, I introduced a total of 16 investors.

Currently, 10 of them have confirmed their withdrawal and signed preliminary intentions. Their combined shareholding is 46%."

"What's the stance of the remaining investors?"

"Laura still has some disagreements about the transfer amount. As for Handing, for some unknown reason, they're strongly against the transfer."

Hearing this, Song Han frowned at Zhang Jing and said, "A valuation of 20 billion isn't satisfactory? Didn't you make an estimate that even if goes public successfully next year, its valuation is unlikely to exceed 20 billion!"

Zhang Jing said helplessly, "Thanks to the current strong domestic market demand and your appearance, they have higher expectations for the future of Semiconductor Manufacturing International Corporation . Moreover, the government departments have done a great deal of work behind the scenes to persuade all parties that have agreed to the transfer. One of the additional conditions they put forward is that the company's location must remain unchanged." 

After a brief exchange, everyone entered the venue.

In front of the podium in the venue, Song Han looked at the densely - packed crowd and the constantly flashing cameras. His thoughts inexplicably drifted to Mars, 50 million kilometers away. He had experienced such a scene when he was working on Mars.

But would he ever have the chance to set foot on that strange yet familiar land in this lifetime?

"A kid? What's going on?"

"Which family's young master is this?"

Song Han picked up the microphone in front of the podium and tapped it twice. Two loud noises drowned out the noisy discussions in the venue.

"Jian'an Technology's acquisition of SMIC this time is mainly aimed at delving deep into the development of the downstream industries in the semiconductor sector.

After Jian'an Technology successfully acquires a stake in , all of 's production - capacity profits will be used for the company's self - use and the expansion and R & D of the semiconductor industrial chain."

Currently, our side has reached an agreement with Dr. Zhang Jing, Tsingbird, and the National Integrated Circuit Industry Investment Fund, and jointly signed a resolution of concerted action.

The voting shares for the concerted action have reached 73%, giving us absolute decision - making power."

As he spoke, Song Han turned to look at the representatives of Laura and Handing who were in constant discussion with others, and continued with a hint of mockery in his calm tone, "We've reached an internal consensus. SMIC will adopt a non - profit strategy for the next 10 years, actively expand production capacity, and dig deep into the industrial chain. When the company's cash flow gets tight, shareholders will be required to make multiple capital injections. Are you sure you don't want to withdraw?"

Song Han's speech was like pouring a basin of cold water into a pot of already simmering and stifling hot oil.

An open corporate struggle, especially a top - level acquisition case involving a world's fourth - largest chip foundry worth 20 billion, combined with the young age of the person in charge, these explosive points instantly set the whole place on fire.

Everyone's gazes turned to the sweating representatives of Handing and Laura.

Under the discussions of the people in the venue and the flickering of the constantly flashing cameras, Song Han's originally young face seemed profound and unfathomable, which left Wang Wei, Luo Xiang and others who had been nervously observing the surroundings below the stage full of surprise.

No one had expected that Song Han could really take control of the situation with just a few words.

The representative of Laura stood up at this time.

"We request to suspend the ceremony. We need some time to communicate with our headquarters."

The ceremony host stepped forward to announce the suspension of the ceremony, and everyone moved to the hotel private room to take a break.

"Will they agree?"

"It doesn't matter if they don't. We can just keep injecting capital later!"

Song Han's calm words made Zhang Jing stop in his tracks.

"How much money do you actually have?"

Song Han shrugged and didn't answer. Director Zhou stepped forward and explained, "The funds for this acquisition come from a syndicated loan provided by a consortium of the four major domestic banks. The total credit line is 50 billion US dollars."

Then he turned to Song Han and said with an awkward smile, "Slow and steady wins the race. It's not convenient for you to come up with such a large amount of cash all at once. Letting the domestic banks earn some interest is not a bad thing. Good relationships are built through interactions.

Moreover, your future business focus will also be in the country. Becoming the top client of the four major domestic banks overnight will be of great help to your future business development."

Song Han didn't comment. Hearing this, Zhang Jing stared wide - eyed, his face full of disbelief.

What was the total foreign exchange reserve of the country in 2004? 300 billion US dollars!

One - sixth of the country's total foreign exchange reserve as a credit line. This was the foreign exchange One-sixth of the total national foreign exchange reserves is set as the credit line. This is the foreign exchange reserves that hundreds of millions of people in the country have saved up over several decades by tightening their belts. And the country just lent it out like this? 

To a minor?

Which big shot made this decision on a whim? Judging from what Director Zhou said, it seemed that Song Han was still rather reluctant?

Song Han shook his head helplessly. If it weren't for Director Zhou's obstruction, according to Song Han's idea, he would have directly engaged in high - stakes operations in the foreign exchange market. There would have been no need for all this trouble of borrowing and lending.

However, after Director Zhou persuaded him earnestly and reasonably, Song Han finally agreed to his plan. The price he had to pay was that the financial accounts of his several exchanges were monitored by a group of people from the syndicated loan consortium.

Although they claimed it was for the safety of fund circulation, Song Han seriously suspected that they were worried that he might engage in high - stakes operations one day and cause the financial "nuclear bomb" in his hands to be neutralized by foreign exchanges. 

After all, he had messed up his first trading operation on a UK platform.

The group didn't wait in the private room for long. Half an hour later, after Laura and Handing finished communicating with their bosses, everyone gradually returned to the venue.

"Laura has agreed to transfer its shares!"

"What about you?"

Song Han twirled the pen in his hand. He wasn't surprised by Laura's compromise.

The Handing representative seemed to have had a certain conversation with the boss behind him and had regained his confidence.

"We have great confidence in the future of the domestic wafer market. As long as the company's safe operation and financial management in the later stage can pass the audit supervision and compliance review of the board of supervisors, we'd prefer to hold onto our shares for the long term."

The Handing representative's words made Song Han suddenly realize. No wonder in 2004, was dealt such a heavy blow by TSMC. It turned out to be another case where the enemy was right in the command center, except that this enemy was in his own camp.

Song Han nodded non - committally. He took the document handed by the host and, under the blinding flashes of the cameras, signed his name seriously:

"Song Han!"