Reinventing the Millennium.
Chapter 1463 Who is this? (Finale)
Chapter 1463 Who is this? (Finale)
Two glasses of poison.
This is the view summarized by a reporter when Fang Zhuo was interviewed by Time magazine last December.
At that time, Fang Zhuo criticized Washington's wrong decision and bluntly believed that dumping was the most powerful means of competition, rather than a blockade that forced Yike and Bingxin to become self-reliant and strong.
Fang Zhuo said in front of the camera at the time, "We will be back in the near future."
The reporter asked, "When do you think the near future will be?"
Fang Zhuo’s answer was, “When you think it is absolutely necessary to interview me next time, then the countdown will begin.”
It had been 11 months, not even a year, and reporter Panier had not expected that such a "very necessary" interview moment would appear in such a short time.
Only 11 months may sound short, but Yike's market value fluctuated by nearly 2100 billion US dollars, the world's most advanced wafer manufacturing plant was shut down, Yike's mobile phones were absent from two major markets, short-selling institutions launched a siege, New Sunshine resist achieved a breakthrough, SMIC's process broke through 10nm, Bingxin invested in SMIC, Yike released its leading flagship Mars 10, and Yike squeezed out shorts for the third time...
Panier seemed to be sitting opposite the head of Yike just yesterday. Looking at the calm expression on the other side, he spread his hands when the camera started working and said honestly: "Boss Fang, I didn't expect that we would meet again so soon. In fact, I thought this scene should be three or five years later, not..."
He calculated the time silently and continued, "Instead of today, 328 days later."
Fang Zhuo smiled slightly, took out his phone from his pocket, pressed a few buttons, and then handed it over: "This is a small gift for us to meet again after 328 days, the latest Mars 10."
Panier accepted the gift with some surprise. Mars 10 is Yike's flagship with the world's most powerful mobile phone chip for the third consecutive year. It was released on Yike's official website three days ago with only one line of text, and the delivery time is next month.
As a product that allows Yike to continue its leading position after facing production capacity difficulties, it has a very different meaning.
However, when Panier took the phone, he found that the screen was showing a countdown page, which seemed to be the confirmation of Mr. Fang’s final answer in the last interview.
He stared at the countdown and said with emotion: "Once the countdown starts, time really passes quickly. Mr. Fang, these 328 days seem to have passed in just a moment."
Fang Zhuo said meaningfully: "This is 328 days of hard work by Yi Ke and everyone in Bing Xin. I hope this time can be faster."
Panier was startled and sighed, "Boss Fang, on my own behalf, I would like to express my respect to the world's number one president."
Fang Zhuo smiled and said, "It's all because of my friends in the martial arts world."
Panier asked his formal question: "Mr. Fang, at this moment, how do you evaluate everything that Yi Ke and Bing Xin have experienced during this period of time?"
Fang Zhuo paused for a moment and first defined the development of Yike and Bingxin: "Yike and Bingxin have achieved proud results in their respective fields. These are the results of reasonable and legitimate development."
Then he commented on Washington’s policies: “Washington’s policies on Yike and ice cores over the past two years or so have been wrong, absurd, and incomprehensible.”
Finally, he concluded this unfinished event: "It has been proven that Washington's policies are difficult to curb the development of Yike and Bingxin. I once said that we do not live under Washington's expectations. We are following the common development trend of most countries, regions and markets in the world."
"The success of Yike and Bingxin is inevitable due to market development. You can distort the market temporarily, or distort part of the market forever, but you can't distort the entire market forever."
Panier thought that Mr. Fang's quote was quite good in light of the current facts of Yi Ke and Bing Xin.
He thought for a while and asked, "Mr. Fang, what changes do you think the power shift in Washington will bring to Yike and Bingxin in the future?"
"As a global company, Yike and Bingxin always believe that globalization is the trend of world development." Fang Zhuo said simply, "Personally, I also think that globalization is more conducive to solving many problems."
Panier pressed on: “Do you think it’s possible that Washington will adopt policies that harm globalization in the future?”
"I have noticed what Achuan said on trade agreements such as NAFTA and TPP on different occasions this year," Fang Zhuo replied. "As long as we read what he said, I think we all have concerns in this regard."
Panil continued the topic and asked, "What do you think of Achuan as a person?"
"Haha, we are old friends, but today, at this stage, he has a new identity. Not only me, but we should all take another look at it, right?" Fang Zhuo said with a smile.
Panil resisted the urge to lash out at Agawa on this occasion.
He held back his emotions for several seconds and asked a question: "Mr. Fang, BIS's restrictions are a factor beyond the commercial level for Yike. How did you deal with it, and how did you take such an action that surprised the world in such a short time?"
Fang Zhuo listened to this question and thought about it seriously for a while. This is a long story.
He thought about his answer and decided to respond briefly: "For a company like Yike, BIS is indeed a surprise to us, but for a company, it will always encounter various problems, some of which are predictable and some are unexpected. We live in such a world. Encountering problems, solving problems and keeping improving are what Yike has been doing since its establishment."
"Mr. Fang, as the founder of Yike and Bingxin, are you angry about what happened to them?" Panier asked.
Fang Zhuo smiled and asked, "What kind of person do you think I am?"
Panier thought about the answer to this question. Old devil? Mysterious man? An earlier venture capitalist hunter? Or a short seller killer? Or, Shiyi?
Fang Zhuo asked himself and answered: "I am an optimist. I believe in the future of Yike and Bingxin. My optimism is greater than my anger."
He then added: "I think this is a good thing. It can stimulate my competitive spirit without causing too much anger to ruin things."
Panier nodded. Mr. Fang's competitive spirit had been fully demonstrated in the past few days and even in the past ten years.
He asked a question that is of great concern at the moment: "Mr. Fang, what do you want to say to those short sellers now?"
Fang Zhuo hesitated for a moment and said, "I used to hate short sellers' short selling of Yike, but after experiencing the restrictions imposed by the BIS and the interference of greater factors in the past two years, I feel that this is also a challenge that businesses often face. So, okay, I will amend my statement and welcome short sellers of Yike."
Panier almost laughed out loud. Mr. Fang once warned "don't short YiKe", but now his "welcome to short YiKe" sounded even more sarcastic.
He continued, "What do you think of Chanos's series of shorting Yike?"
Fang Zhuo asked blankly, "Who is Chanos?"
Panier didn't expect Mr. Fang to react like this. He said "uh" and wanted to explain that this was a "short master" and a very powerful fund founder, but...
Well, this short-selling master’s prowess has stopped at shorting YiKe.
"No matter who it is, as I said, you are welcome to short Yike." Fang Zhuo added. This is also of practical significance. Yike's stock price will still be pushed up in the future.
If Chanos and others are irritated and think that Yike's stock price is due for a correction, then you are welcome to come back.
"Mr. Fang, as far as I know, both TAJI and Intel have plans to officially use EUV lithography machines, but Bingxin will be limited by the restrictions of BIS. What preparations have you made for this?" Panier also asked a practical question.
Fang Zhuo hummed, and said thoughtfully: "This is also a challenge, but Bingxin will soon be able to provide 10nm process. Overall, Bingxin and SMIC have advantages at the current stage, and we can make good use of this advantage to meet the next challenge."
Panier glanced at Mr. Fang and suddenly asked quickly, "There are rumors that MIGA has financial dealings with many dignitaries in Washington. Is that true?"
"You also said it was a rumor." Fang Zhuo was not surprised by the reporter's turn of question. Perhaps he wanted to catch him off guard, so he just replied, "MIGA Fund is just normal financial management. I am not responsible for this business, but its operation has always been very formal. I am very sure of this."
Panier smiled and calmly asked, "It is said that Yike launched an electric vehicle project at the beginning of this year. Is there a rough timetable for its implementation?"
"This is a good direction, but there is no timetable yet. Perhaps I need to ask our CEO Yu." Fang Zhuo answered honestly, "My energy this year is mainly focused on solving difficult problems."
At this point in the interview, Panier revealed a piece of news: "Mr. Fang, we have nominated you internally for this year's weekly magazine's Person of the Year."
Fang Zhuo smiled politely: "Really? I hope I can be selected."
Panier blinked. Well, now it seems that this year's Person of the Year is a competition between Mr. Fang and the new owner of the White House.
The Time interview was milder than expected.
After Fang Zhuo finished a long interview, he described his feelings like this before discussing the company project with Yu Hong who came from Shanghai.
"Maybe it's because you are too murderous." Yu Hong said with a smile, "All the shorts are gone."
Fang Zhuo shook his head: "Maybe it has something to do with Ah Chuan. The media doesn't like him very much, but it gives us a more objective perspective on frustrating BIS restrictions."
He and Yike’s co-founder strolled around the Bingxin factory area and chatted for a while about the interviews with well-known media.
"How about the tram? The reporter asked me this during the interview. I have to ask you. I wonder if it will be presented like this at that time." Fang Zhuo turned the subject to business.
Yu Hong thought for a few seconds and said, "I'll ask my secretary to bring the documents."
She has been mainly investigating and thinking about this area this year.
Fang Zhuo waved his hand and said with a smile: "Just chat casually, no need to be so formal, just listen to your current thoughts."
"It's a bit difficult, but it doesn't seem that difficult. The technical route is feasible. The traditional car dealers in this market..." Yu Hong organized her words and commented, "Very traditional."
"This word is a bit derogatory in your context," Fang Zhuo said.
Yu Hong said as she walked: "Tesla released a Model 3 this year, and the price after subsidies is less than 3 US dollars. We have seen its data and car, and it may perform well, but its production capacity next year will probably be a problem."
"Do you think Tesla can succeed?" Fang Zhuo asked with a smile.
Yu Hong hesitated for a moment: "Wall Street is more worried that Tesla will go bankrupt, but I think it has a chance to succeed. The prices of Model S and Model X are too high and cannot meet the scale effect of the automobile industry. However, the number of reservations for Model 3 is good, and it may have a chance to become the key to Tesla's success."
She continued: "Traditional automakers are not enthusiastic enough about electric vehicles. Their interests and slowness are a good opportunity. The architecture of electric vehicles themselves will also bypass their patent advantages, and intelligence will also be a highlight."
Fang Zhuo took a few steps and tilted his head to ask, "I think you are very confident?"
Yu Hong asked back: "Why not?"
"That's good." Fang Zhuo was silent for a while, "This is a good concept to push up the stock price."
"Don't be obsessed with killing shorts, even though their explosion rate is indeed very high." Yu Hong advised the headmaster.
Fang Zhuo laughed out loud.
Yu Hong also smiled. She stopped and pointed in the direction of Fab1-6 and asked, "SMIC is working on 10nm. Has the future 7nm project been approved?"
"The project has been approved." Fang Zhuo gave an answer and said casually, "The 7nm process and the 10nm process can share more than 90% of the equipment. It can be regarded as an upgraded version of the 10nm process. According to the route, the transistor density can be increased by at least 50%, and the power consumption can be reduced by at least 30%."
Yu Hong praised: "You really look like a serious semiconductor person now. The data is in your mind and you can speak it out as soon as you open your mouth."
Fang Zhuo laughed again: "Half serious, because I have answered similar questions from leaders several times."
"Rounding off, I'll give you a serious count." Yu Hong took a few more steps and sighed, "Does this stage count as a victory?"
"There will be a next stage." Fang Zhuo gave a similar response, "But, this is your victory."
Yu Hong shook her head, then nodded, and said nothing more, only sighing silently.
There is no time to rejoice over the victory of this stage, as the next stage seems to be approaching.
It is indeed difficult to keep making progress, but we still have to keep making progress.
At this moment, Yu Hong has strong confidence in future progress after Yi Ke has gone through restrictions and breakthroughs.
……
Yike's stock price continued to rise all week, contrary to Wall Street's expectations.
It is irrational and magical, but it just keeps rising. No matter if it is a big rise, a medium rise or a small rise, it is indeed always rising.
On November 11, Yike announced its worst Q15 financial report in history on time, which finally caused the pre-market stock price to fall slightly. However, as soon as the market opened, it began to rise again.
As for the reason for the increase...
Relevant experts have given sufficient reasons: when all the bad news is out, good news will come.
The worst Q3 financial report in Yike’s history, which the short sellers had been waiting for, was finally released. However, it is now of no use.
On this day, Nasdaq opened its short positions. Many short sellers had been looking forward to this day, because it was very likely that Yike would break the record for the fifth time in a row. Unfortunately...
This day is indeed a record for Yi Ke, but it is a different kind of record.
On October 10, YiKe's short position was US$31 billion. As of today, its position is only US$225 billion, only 18% of what it was half a month ago.
This belated data still makes the surviving short sellers feel chilled and makes them feel sad for their colleagues who jumped off the roof.
You should jump at Yike headquarters! Or just hang in front of Bingxin door!
At the very least, risk your life and give him a scare!
However, no matter how regretful or hateful the short sellers are, this will not affect the continued rise in YiKe’s stock price.
This upward trend of Yi Ke has left many people in the same camp confused.
Xiong Xiaoge had previously made an appointment with Mr. Fang to meet in Luzhou for a drink on the 15th. Originally, he was planning to console the head of Yi Ke, but as a result... Yi Ke was turned upside down, and in the blink of an eye it became a celebration.
He made a phone call before coming to confirm that the itinerary had not changed, and then he brought Wang Fengyi to Luzhou.
Fang Zhuo still had meetings during the day to discuss the future resource integration and team adjustments between Bingxin and SMIC.
By the time it was over, it was already 7:30 in the evening and there were still some snowflakes floating in the sky.
"The snow fell a little early here this year." Fang Zhuo asked his secretary as they walked.
"It snowed in the afternoon," Liu Zonghong replied. "I even checked and the last time it snowed at this time was in 09."
Mr. Fang held out his hand to greet the snowflakes and said with a smile, "That's really early."
The two of them returned to Bingxin's canteen with the winter chill and a few snowflakes. A special meal was prepared here today.
As soon as Wang Fengyi saw Mr. Fang coming, he immediately stood up with a bottle of wine in his hand and greeted him: "Finally you're here. I didn't eat lunch for this meal. I'm almost starving to death."
Fang Zhuo took off his coat and said with a smile, "Is it that serious?"
Wang Fengyi complained: "Isn't this Lao Xiong organizing a party? He said it was to celebrate Yi Ke's success, and he also said he had specially prepared some good ingredients, so I saved some food for myself."
Fang Zhuo smiled slightly. Today's gathering was indeed a gathering of relatives and friends. In addition to Lao Xiong and Brother Wang, there were also Zhou Xin, Xiao Yu, and Wang Yan.
He sat down: "What's there to celebrate?"
Yu Hong saw Fang Zhuo's gaze and said, "Weiwei will be here later. Xiaoman is at home. She said she doesn't want to bring the child to drink."
Fang Zhuo laughed dumbly: "Okay, you came here just for the wine today?"
As he was talking, Su Wei also walked in.
"It was Mr. Xiong who suggested it. He said we haven't gotten together for a long time and that Mr. Fang is a very busy man. Now there's an excuse for us to have a drink together." Su Wei sat next to Fang Zhuo.
Xiong Xiaoge pointed to the dish that had just been served: "This is Wuchang fish caught from Liangzi Lake."
"What's the point?" Fang Zhuo asked casually.
Xiong Xiaoge smiled and said, "What do you think?"
Fang Zhuo suddenly realized: "Hey, I just drank Changsha water and ate Wuchang fish."
Zhou Xin continued with this sentence: "Crossing the Yangtze River, I can see the vast Chu sky. No matter how strong the wind and waves are, it is better than strolling in the garden. Today I have some time to spare."
Su Wei knew that this was a poem written by the teacher. She took the two wine glasses handed to her by Wang Fengyi and said, "Master, standing by a river, said: Time flies like a flowing river!"
Wang Yan slowly continued: "The wind blows the masts, the tortoise and snake are still, and a grand plan is being created."
Yu Hong pursed her lips and said, "A bridge spans the north and south, turning the natural barrier into a thoroughfare."
Xiong Xiaoge stood up, raised his glass and said, "Stand on the stone wall of Xijiang River, and cut off the clouds and rain of Wushan Mountain..."
Wang Fengyi interrupted and said, "A high gorge leads to a calm lake."
Everyone followed suit and raised their glasses, but were waiting for the last sentence.
Fang Zhuo held the wine glass and said with a smile: "The goddess should be fine, and the world will be shocked."
Everyone clinked glasses and drank the first glass of wine.
As soon as he finished drinking this glass of wine, Wang Fengyi stood up again: "Hey, this glass of wine of mine has a name."
Fang Zhuo said helplessly: "What's the name? Can I have a bite of food first and then drink?"
"If everyone thinks it's worth drinking, then let's drink." Wang Fengyi raised his glass, "Today, the short positions announced by Nasdaq are almost empty. This glass of wine is called, Kill a piece of white land, so clean!"
Others raised their glasses in agreement.
Seeing this, Fang Zhuo raised his glass and said, "Short sellers are not worth drinking from. This glass is for the first investor in China."
Wang Fengyi laughed and raised his wine glass towards Xiong Xiaoge.
Xiong Xiaoge sneered, but was too lazy to refute at this moment.
After finishing the second cup, I finally had my first bite of the dish.
However, after taking just one bite, Su Wei raised her wine glass.
Fang Zhuo said with a smile: "Your wine also has a name? No matter who it is today, I won't drink wine without a name. I have a meeting tomorrow."
"This glass of wine is called Xiaoman." Su Wei mentioned her son's nickname and continued, "It symbolizes the achievements of the stage. Yike and Bingxin will still face challenges in the future, but at this stage it is Xiaoman. Let's drink a glass to Xiaoman, President Fang, okay?"
Fang Zhuo said nothing and raised his glass.
Everyone drank the double-edged wine.
From the third to the fourth glass of wine, we finally had some hot food and talked about the rise in Yike’s stock price today despite all the negative news.
After a while, Zhou Xin raised his glass, but did not give a reason. He just said one sentence and drank it: "Brother Fang, I toast to you!"
Fang Zhuo spread his hands: "Look, this is a case of no official origin."
Despite saying this, he still drank the glass of wine.
Seeing this, Wang Fengyi quickly followed suit and mixed a glass.
The snow outside was getting heavier, but the atmosphere in the cafeteria was getting warmer and warmer.
Yu Hong didn't find any excuse, she just raised her glass and clinked it with Su Wei, asked her to sit next to her, and started chatting in a low voice.
Wang Yan moved to Mr. Fang’s side. He hadn’t thought of a reason before, but now he raised his glass and clinked it with Mr. Fang’s. He said, “Meeting Sina Yike is better than meeting countless people in the world.”
Fang Zhuo laughed: "Okay, okay, Brother Wang, let's celebrate the hostile takeover!"
This sentence interrupted everyone's conversation and suddenly added fuel to the atmosphere.
"Great, Mr. Fang is finally willing to show his true colors!" Xiong Xiaoge sneered, "A hostile takeover is a hostile takeover. I think Sina is still arguing about the nature of the original takeover. Mr. Wang, you two are now clear!"
"That was also a well-intentioned hostile takeover." Wang Yan put down his wine glass. "Who at Sina doesn't love President Fang? Even more than Yi Ke!"
Wang Fengyi smiled and said, "Is there any love from President Su?"
Wang Yan said "uh" and said, "You... do you dare to talk about the other person?"
"Yi Ke is Mr. Fang's biological son." Xiong Xiaoge shook his head and said, "Look at how high the stock price has risen today. I heard that Yi Ke recently launched a new project to make GPUs? Who is it competing with?"
He looked at Mr. Fang, but didn't get an answer, so he looked at Mr. Yu.
Yu Hong didn’t think it was a secret and answered simply: “Those who make computing cards will compete with Nvidia in the future. We are considering leveraging the advantages of the industry chain.”
This has been the focus of the General Office's discussions over the past few days. The industry has an integrated chain from design to manufacturing to packaging and testing. Each of their links has reached a first-class level, and it is natural that they will play the advantages of integration.
Xiong Xiaoge thought for a moment and said, "Nvidia's growth in the past two years has been fierce. Well, everyone is optimistic about its transformation. However, AMD's stock price has also been fierce this year. I thought you were going to do this."
Yu Hong shook her head: "It hasn't been touched upon yet."
Xiong Xiaoge caught two words: "Temporarily, is it temporary?"
"We need to make efforts in both directions." Yu Hong glanced at Fang Zhuo and continued, "We think that any achievement in either direction will be a great improvement."
Xiong Xiaoge gathered Yike's information in his mind and raised his glass: "Yike's technical strength is very strong, and your framework is also good. Come, let's toast to Yike! May Yike always keep improving and use technology for good!"
Fang Zhuo smiled and said, "Your excuse is a bit confusing."
Xiong Xiaoge pretended to be angry and said, "You are still fooling me? Yi Ke, this can't be drunk?"
Fang Zhuo did not raise his glass.
"Okay, okay." Xiong Xiaoge held the wine glass and said, "Boss Fang, I want to ask you something. You cheated me out of my money. If you feel even the slightest bit of guilt, you have to drink this glass of wine!"
"Cheated you out of money?" Fang Zhuo pondered, then shook his head. "That was 16 years ago. Forget it. I'll find you a reason. Here's to your years!"
He raised his glass and drank the wine for who knows how many times.
Yu Hong teased, "Boss Xiong, why are you still brooding over something that happened 16 years ago?"
Xiong Xiaoge put down his wine glass and complained, "Yes, you don't mind it, it was you who cheated me out of money!"
Su Wei tutted, "Boss Xiong, but you also led people to besiege Yi Ke."
"I am a victim." Xiong Xiaoge argued, "Hey, are you being unreasonable? I am a victim! The money I just invested, in the blink of an eye, hey, it was used to buy land! You, you..."
Wang Fengyi waved his hand lazily: "Alright, Lao Xiong, you are such a petty person, no wonder you can't be the first investor."
Xiong Xiaoge shook his head helplessly. Never mind. It was indeed something that happened 16 years ago.
He poured another glass of wine, held the glass, and couldn't help but sigh: "I'm not that upset, but when I think about it now, it seems like it happened yesterday."
"Okay, you old bear have a good memory." Fang Zhuo said with a smile, "Okay, okay, that's enough."
Xiong Xiaoge raised the wine glass to his lips, thinking about these years and the siege on Yi Ke, he couldn't help but ask: "Mr. Fang, you did it on purpose back then, right? Did you regret it at all afterwards?"
Fang Zhuo took the wine glass that Weiwei handed over and stood up slightly shakily.
He shook his head and suddenly laughed: "Hahaha, I do regret it."
Xiong Xiaoge asked suspiciously, "Really?"
Fang Zhuo continued to laugh and said, "I regret not cheating you out of more money at that time!"
Xiong Xiaoge was speechless and raised his hand to drink the wine in the glass.
Fang Zhuo didn't drink. He held the wine glass and saw that it was snowing heavily outside without him noticing.
He walked towards the door and looked at the vast expanse of white in the night. He thought the snow scene was extremely beautiful.
Fang Zhuo admired it for a while and then drank the wine in his hand.
Xiong Xiaoge looked at Mr. Fang's back, thinking about what he had just said, thinking about sixteen years ago, thinking about these sixteen years, thinking about Yi Ke and Bing Xin, thinking about what he had done along the way, and couldn't help shaking his head. Oh my God, what kind of person is this!
Those who know me say that my heart is worried, and those who do not know me say that I am looking for something.
Oh, vast sky, who is this person?
Who is this!
(End of the book)
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