As a mage, I just want to pursue the truth

Chapter 151 Doubt life

Yangtze Memory Technologies is a state-owned enterprise in terms of its investment ratio, but its major shareholder, Tsinghua Unigroup, is not a state-owned enterprise. However, the State-owned Assets Supervision and Administration Commission of the State Council has a major say in its management.

In addition, Yangtze Memory claims that it is learning the management model of mature foreign semiconductor companies, but in fact it still tends to adopt the management style of state-owned enterprises.

The company with the strongest technical strength under Tsinghua Unigroup is currently H3C, and H3C's servers account for a large proportion in the back-end of financial institutions.

H3C has more servers than listed companies such as Sugon and Inspur.

Of course, it is still not as good as Hua Wei.

Yangtze Memory Technologies will have a better future. After all, there are several competitors in the server industry in China, but only one company dominates the storage industry.

Some people may say that isn’t the Kunpeng storage developed by Huawei also storage?

There are still significant differences between the two. What Huawei is doing is called a storage server, such as NAS, SAN and other storage servers.

Yangtze Memory Technologies Co., Ltd. is a pure storage company: hard drives, focusing on enterprise-level storage hard drives.

Yangtze Memory's hard drives can be used on Huawei's storage servers.

There are also some domestic storage manufacturers in China that are engaged in personal PC business, such as memory, solid-state drives, etc.

The solid-state drive made by Yangtze Memory is also called a solid-state drive, but it has a prefix: commercial-grade solid-state drive or enterprise-grade solid-state drive.

It can be said that in the storage industry, whether in terms of profit or revenue, in the highest segment: enterprise-level solid-state drives, Yangtze Memory is definitely ranked first in China.

Guan Yang is a senior executive of Yangtze Memory Technologies and one of the top executives in the company.

He was promoted to vice president from the technical line, but after becoming vice president he was mainly in charge of sales.

He has a rich resume and is a veteran in the storage industry. Earlier, he was a researcher in the storage field of the Chinese Academy of Sciences. Guan Yang has been deeply involved in everything from research and development to production and sales.

Yangtze Memory Technologies Co., Ltd. is located in Jiangcheng. He was transferred from Jiangcheng to Yanjing to serve as the chairman of Deep Blue Memory Technologies Co., Ltd., and was directly appointed by the State-owned Assets Supervision and Administration Commission.

If the person who came to issue the appointment letter was not a leader from the State-owned Assets Supervision and Administration Commission, Guan Yang would not have believed that he would be transferred to a newly established storage manufacturer.

"Can you tell me what DeepBlue Storage does? Storage servers? A newly established downstream manufacturer in China to complement Yangtze Memory Technologies?"

Guan Yang's face was full of curiosity. Sincerity was his best marketing tool. Every time he talked to a big customer, he would carefully analyze the pros and cons of Yangtze Memory's products.

The other party just came to inform, and didn't know the inside story: "I can only say that from a certain perspective, being the chairman of DeepBlue Storage is obviously a better choice than being in Yangtze Memory Technologies."

"But I don't know what you personally think."

Guan Yang grasped the key point in the other party's words: "From a certain perspective? Please explain it in detail."

The other party also wanted to befriend Guan Yang: "Deep Blue Storage is a central enterprise, directly managed by the state, which is a leap in terms of level."

The chairman of a first-tier state-owned enterprise might come in handy someday, and even just revealing some information could play a big role.

Guan Yang knew that given his relationship with the other party, revealing only this much was already the limit, so he did not continue to inquire: "Thank you for the organization's trust. I will definitely work hard and make a career."

But he still couldn't suppress his inner doubts. After the other party left, he sat in the office and wrote on a piece of paper:

"Deep Blue Storage, a first-tier central enterprise, directly managed by the state"

Then I stopped writing and thought carefully in my mind.

Deep Blue Storage, which has storage, combined with his own resume and background, it can be explained that this company is obviously a storage manufacturer.

I just don't know which specific storage segment it is.

"Deep Blue Storage is obviously not engaged in enterprise-level solid-state drives. Since we already have Yangtze Memory Technologies, there is no need to set up another one, which is directly managed by a central enterprise. Yangtze Memory Technologies does not even have this treatment."

Or rather, there is no need for it.

China has established a national fund specifically for the semiconductor industry to support domestic semiconductor companies, with financial support being the main method.

"China has never directly participated in the operation of semiconductor companies over the years."

Because the semiconductor industry has its own particularity, with high investment and long return cycle, it is difficult for outsiders to judge the specific progress.

Solid-state drives also belong to the semiconductor industry.

Therefore, at most, they hold shares of some semiconductor companies in the form of indirect or direct shareholding.

For example, the most famous one, Semiconductor Manufacturing International Corporation, is indirectly held by the State-owned Assets Supervision and Administration Commission of the State Council and directly held by state-owned enterprises under the Commission.

Yangtze Memory Technologies adopts a similar approach.

However, this time the newly established Deep Blue Storage is directly held by the State-owned Assets Supervision and Administration Commission, and Guan Yang, a veteran in the storage industry, realized that something was not right.

However, there have been too many abnormal things in the past two years, and this kind of abnormality is within the tolerable range.

After all, the magic has come out, and it is no big deal for the state to directly hold shares in Yangtze Memory.

The existence of magic has caused extremely drastic fluctuations in gold prices in the past two years, while BTC has ushered in a two-year long bull market.

"It's very unusual." "It's probably a storage server, but Huawei is doing pretty well, why do they suddenly want to build a storage server?"

Huawei's storage servers are indeed well made. Although the failure frequency is higher than Dell EMC, Huawei is also cheaper.

The price plus maintenance costs is only one-third of EMC.

"And the most important point is, I haven't heard of anyone going to Deep Blue Storage. I haven't heard of any R&D people I know leaving the company?"

Guan Yang knows researchers in the storage industry, ranging from R&D supervisors to middle-level R&D personnel.

A newly established storage company must have at least a R&D director to build the framework of the R&D team.

As an enterprise directly managed by China's State-owned Assets Supervision and Administration Commission, the R&D director can only be selected from Chinese people. The Chinese here include Wanwan, and Wanwan may also be the R&D director.

As for Neon and Korea, although they are in the leading position in the storage industry, they can be senior executives but not R&D directors.

Firstly, it is because of trust, and secondly, because others will not let them go. The non-compete contracts signed by such talents are extremely strict. It is mainly a trust issue.

Guan Yang listed on a piece of paper the names of people he thought were qualified to be R&D directors, but he hadn't heard of any of them leaving.

Including the production line, I haven't heard of any senior production engineer in the industry changing jobs.

There are very few players in this industry, and there are also very few qualified talents. Guan Yang knows them all. If someone changes jobs or goes to a central enterprise, he will definitely know it first.

There is only one explanation for this, and that is that all these people can only be found after he arrives first.

Thinking of this, Guan Yang felt a headache. Starting from scratch is always the most painful.

Of course, watching a company grow bit by bit in your hands is a sense of accomplishment that is difficult to describe in words.

"The memory chip industry? The problem is that there are already many players in this field in China, including GigaDevice, SMIC, and Unigroup Guoxin. Big funds all have shares in these companies."

Guan Yang thought about it for a long time but still couldn't figure it out, so he just took a step forward and waited, comforting himself in his heart.

In addition, when he was looking up information about Deep Blue Storage on the Internet, he also discovered that Deep Blue Storage owned 50% of the shares of another company.

This company is a Russian company.

He had more doubts in his heart.

Russia has no voice in the storage industry. Their software may be strong, but the semiconductor industry is a wild area. It is far inferior to China.

The National Semiconductor Fund has leaked to the market that it plans to sell part of its shares in Yangtze Memory Technologies.

Try to find players in the primary market to take over.

"Yangtze River Storage? This project is not bad. It has high growth and is related to the concept of domestic substitution. Moreover, it has no competitors in this niche field. Judging from my intuition, I think it is completely possible to take over.

Even if the company is not doing well, it can still be a good deal if it is listed on the Science and Technology Innovation Board and sells it to the secondary market after the lock-up period is over. "

When Cambrian made its second round of investment, many participating institutions had this goal in mind.

"Another question is, will Yangtze Memory Technologies accept foreign investment? I remember when Yangtze Memory Technologies was founded, whether it was us, Samsung or Japan's investment institutions, they all wanted to become investors.

At that time, China seemed to have rejected everyone."

All of Yangtze Memory's investors have state-owned backgrounds, including China Semiconductor Industry Investment Fund, Hubei Science and Technology Investment Group, etc.

"Yes, back then, both Samsung and Taiwanese investment companies wanted to invest in Yangtze Memory Technologies, but even Taiwan failed. They still struggled a lot, but China blocked them.

But the strange thing is that when China's semiconductor fund sold its shares, it did not reject foreign investment, but took the initiative to contact foreign investment. "

"It is estimated that they can't bear the pressure. The total investment is 1600 billion yuan. They may need to introduce foreign investment."

"China is not short of money, but it also has many places to spend money. It is indeed possible."

Finally, China Semiconductor Fund sold 20% of its shares to Temasek, SoftBank International and other foreign investment institutions for about 32 billion RMB.

Guan Yang received the news when he was handing over his work, and he had new guesses about the mission of Deep Blue Storage.

There should be some overlap with Yangtze Memory Technologies Co., Ltd., so the big fund transferred its shares in Yangtze Memory Technologies Co., Ltd.

But he still didn't understand why he didn't just continue planting a tree that had already been planted for five years, but instead start growing a new tree from a seed all over again.

What he didn't expect was that he didn't grow a new tree from seeds, but instead took over a fully mature tree. This tree in its seedling stage was even taller than the previous tree in its mature stage.

"Biological storage?"

"Is it the biological storage technology that stores information in DNA molecules as I understand it?"

Guan Yang didn't know whether he was crazy or the world was crazy. The R&D director of Deep Blue Storage told him that Deep Blue Storage's main business in the future would be biological storage.

I have only seen this term in papers and popular science articles in the media.

He felt a little doubtful about life.

(End of this chapter)