Global Monopoly of Technology

After leaving here, Luo Sheng and several technical leaders came to a conference room in the compartment to discuss.

The person in charge of the technical representative of a friend of the business partner said: "Acquiring light with a wavelength of 13.5 nanometers is an important step to realize EUV lithography. The most promising high-power light source solution.”

"But there are two main reasons for the delay in the schedule. First, the required light source power cannot meet the working power requirement of 250 watts for the time being. Second, the optical lens and mirror system have extremely high requirements for optical precision, and the production is extremely difficult. It is difficult to support the huge R\u0026D expenses.”

Hearing this, Luo Sheng laughed. It turned out to be a difficulty, and this difficulty directly pointed to the issue of small money.

Luo Sheng smiled and said: "These two reasons can be attributed to one reason, the reason for money, you can just say that you are short of money, I have spent hundreds of billions on the lithography machine, I don't care about the next few dozen Tens of billions of dollars can solve the problem, and I will not be stingy if I spend tens of billions of dollars, as long as I don’t cheat me like Pengxing Precision.”

Everyone couldn't help laughing lowly, and Friends Shang said again and again in a slightly embarrassed but elegant manner: "Mr. Luo is joking, Peng Xing Precision's ass is not right, and it is even more short-sighted to eat inside and outside."

Luo Sheng nodded: "That's good, everyone, let me tell you whoever is short of money, and solve it together. I don't believe that only one family is in trouble."

Everyone is embarrassed.

It is no exaggeration to say that Cerulean Coast and Shengfeng Capital have really supported almost all the research and development costs of lithography machines in the past five years. The research and development funds of more than 600 billion have been burned. Friends and business partners even put their bottom line. Even if the pants are pawned, I can't make up the number.

Without the foundation of the family fund lying there, I really dare not play like this.

However, Luo Sheng does not give money for nothing, but completes the remittance of funds in the form of long-term value investment. In the future, most of the companies of friends and business partners will be listed on the big A, and Shengfeng Capital can choose to hold or sell it. Go out.

Luo Sheng said it for the sake of it, and the friends and business partners who were in trouble were no longer hypocritical, and they all said everything about their difficulties.

The result was exactly as Luo Sheng expected, the money issue.

It's just that the issue of money is not a big problem here. It's not even a problem. Naturally, it is given. It has already invested so much. The total financing amount this time is about 60 billion yuan, not a lot but not a small amount.

The Cote d'Azur produces 70% of them,

Shengfeng Capital pays the remaining proportion because the latter’s money is now deployed in the big A, and it also borrowed a sum of money from the Azur to ensure its own liquidity. Of course, the family fund has money, but it is more troublesome to turn around.

After the meeting, Luo Sheng came to the dust-free studio again, inspected the working environment, and then summoned the person in charge and instructed: "It should be noted that the extreme ultraviolet lithography machine needs extremely high energy to suppress the light to such a short wavelength. , to ensure that the power supply problem is not leaked, and there are safety issues."

"Understood, President Luo, please rest assured."

In order to increase the production capacity, the power of the light source is continuously increased to improve the rhythm of exposure, which requires higher electricity demand.

Therefore, the extremely low energy conversion rate of the lithography machine has led to extremely high power consumption, and only extreme power consumption can be used to perform miracles.

In addition to expensive components and complex technology, extreme ultraviolet lithography equipment is also a must for its extremely high power consumption.

First of all, to obtain such high-power EUV light, ultra-powerful lasers are required.

Such lasers generate a lot of heat when working, which requires an excellent cooling system to ensure the normal operation of the equipment, which in turn consumes a lot of electricity.

Secondly, when correcting the forward direction of the light, about three layers of energy will still be lost in each reflection. After more than a dozen mirrors, the light is guided all the way from the light source to the wafer, and in the end, only about 2% remains. The light is absorbed, and the absorbed energy must be cooled by a high-power cooling system.

In terms of technical research and development investment in EUV lithography equipment, Luo Sheng is three or four times more than the competitor ASML company. rise.

Another reason is that ASML also has three major customers, Samsung, LSMC, and Intel, which have jointly invested 5.259 billion euros in the development of EUV lithography machines.

And Luo Sheng can only pay by himself. As for the group of teammates, they all lost money in the early stage, and even cheated.

But in any case, it took more than five years to spend more than 100 billion US dollars to be free from the monopoly of foreigners in the field of lithography. It is a huge victory, and it will no longer lag behind ASML in the extreme ultraviolet lithography machine. company.

In the follow-up technological development, Luo Sheng is confident to achieve the goal of catching up with ASML, to equalizing, and then surpassing.

...

afternoon tea time.

Luo Sheng has been busy with technology research and development these days, but technology and capital are closely related, so he also maintains his attention to the capital market.

At this moment, on the sofa in the large living room of the Science and Technology Complex Building, Luo Sheng was watching the news of this financial news channel with his legs crossed.

[This station has just received the news that the three major stock indexes in this round of market prices opened higher on Monday, June 15, and then fluctuated lower. Integer gate. 】

[From the perspective of the disk, heavyweight sectors such as banking, insurance, and oil industry led the decline in the two cities. The collective shutdown of stocks such as Internet finance, cultural media, and network security led to a sharp decline in the ChiNext Index. 】

[For the sharp drop on the first trading day of this week, most investors in the market believe that this is a normal correction of the broader market after the sharp rise...]

Hearing what was said in the TV news about normal callbacks, the thoughts of market investors made Luo Sheng feel that their awareness of risk control had disappeared. At this time, An Qingxue appeared in his sight, working as a personal life assistant. work.

Luo Sheng fixed his gaze on her and said, "Qingxue, I remember that you seem to be doing investment and financial management, right?"

An Qingxue didn't know why he asked his own personal question, but he nodded without concealment: "Well, after buying a house in Shencheng, I didn't know what to do with the idle funds in my hand, so I bought some Fund products and a small amount of stocks are enough to outperform inflation.”

Qingxuemeizhi's so-called idle funds are not worth mentioning to Luo Sheng, but it is not a small amount to her. She has to save for several years, accounting for about 40% of her personal assets, with more than 400 It looks like 10,000 yuan, this is her principal, and now this money has brought her about 70% of the book surplus.

"According to the time you entered the market, you should have made a lot of money, and there is still half an hour to close, put down your work and sell all the funds and stocks you bought, and then buy all of Azure Pure in a month or so. The shares of the electric car company will continue to be held." Luo Sheng said, and then continued to pay attention to the TV news.

Luo Sheng just gave her some pointers on how to operate. This girl has been following her diligently for so many years, and it is a bit unbearable that most of the money she earned has evaporated into the stock market.

"Okay, I'll listen to Brother Luo."

An Qingxue was puzzled, but she had no doubts about Luo Sheng's words. I believe he told himself that the stock market would definitely plummet, and the stock of Weilan Pure Electric Vehicle Company would soar.

Even in the last half hour of today's trading day, all the funds and stocks held were sold off, and the holding principal + holding income totaled about 7.8 million yuan.

As time went by, after the stock market trend in the next month or so, Sister Qingxue was extremely grateful for Luo Sheng's guidance.

...

It continued to fall sharply at the opening on Tuesday, and rose slightly at the opening on Wednesday, which relieved market investors who had some mood swings, thinking that it should be a callback and shock, and it will rise soon.

However, it backfired, and the broader market continued to sell off sharply on Thursday and Friday.

In the five trading days of this week, the Shanghai Index plunged 14.68%, the Shenzhen Index plunged 14.32%, and the ChiNext Index plunged 16.79%.

In terms of sectors, the weight sector has become the main force in this week's sell-off, which has dealt a heavy blow to market sentiment and confidence. Panic has finally begun to spread in the market. Many retail investors hope that the China Securities Regulatory Commission can take some measures to curb this crazy decline. trend.

However, the China Securities Regulatory Commission has not made any direct statement, and analysts believe that the current market adjustment is still within a reasonable range, and some retail investors believe what these analysts say.

Then……

In the second week, the market was closed for three days for the Dragon Boat Festival, and on Monday. The market rebounded on Tuesday and Wednesday. However, on Thursday, the three major indexes began to plummet again, and the scene of the 100-stock limit reappeared.

On the last trading day of this week, the trend finally made people desperate. On this "Black Friday", the picture of the thousand shares falling to the limit again was staged. More than 2,000 stocks in the two cities fell to the limit, and the entire capital market was crying.

In the critical situation of the stock market outbreak, the national team finally began to rescue the market. On the 27th, Yangxing implemented a targeted RRR cut, and many quilted investors were moved to tears.

And Wang Xin led his hot money team to turn the bow immediately and formed an alliance with the national team that rescued the market.

However, the market has not yet bottomed out. The big A in the fourth week continued to plummet. The trend can be described as thrilling. In this battlefield without gunpowder smoke, the brutality of the long-short confrontation is enough to be recorded in the history of China's capital market and market economy.

On Monday this week, boosted by a lot of good news last weekend, the Shanghai index opened higher by 8.81%. Many parties intend to support the market by pulling up bank stocks and two barrels of oil, but the bears continue to wreak havoc in the small and medium-sized startup stocks and the stock index futures market. The 500 index, which opened nearly 9% higher during the session, finally fell by only 9.78%, showing a "∧" trend.

The Shanghai Stock Exchange closed up 3% after the market, but more than 1,000 stocks opened with a daily limit and closed with a lower limit. Investors were deeply disappointed by the results of the rescue.

The market continued to decline at the opening of Tuesday, and the national team's rescue funds still only pulled blue chips. The ChiNext index almost fell to the limit and fell into a comprehensive liquidity crisis.

In order to protect themselves, more than half of the listed companies in the two cities were forced to choose to suspend trading.

On Wednesday, the decline continued. In addition to the suspension of 1,500 companies in the two cities, 1,450 stocks fell by the limit.

At the opening of the market on Thursday, the limit-down of 1,000 shares was staged, which was simply the darkest moment.

But then the index counterattacked across the board, and many small-cap stocks were pulled up. The broader market successfully recovered 3,800 points. After the market, the Shanghai index closed up 6.75%, and more than 1,000 stocks in the two markets rose by the daily limit.

At the same time, the state began to crack down on illegal and criminal activities in the securities and futures market on a large-scale offline, and batches of people were imprisoned.

The three major indexes continued to rise on Friday. The Shanghai Composite Index closed up 5.45% after the market. 1,357 stocks in the two markets rose by the daily limit, and the sectors were collectively red.

The trend of the big A plummeting has finally been reversed.

In the following week, Big A bid farewell to the continuous surge and plummeted electrocardiographic trend, and gradually stabilized.

Just when people thought that the stock market crash had subsided, the sixth week ushered in the second wave of slumps, due to a variety of bad news, especially the national team's "rescue exit plan".

Big A In this week, the market index plummeted more than 1,000 points from 4,000 points, a drop of about 32%, and the broader market fell to 2,720 points.

At this time, the national team left, the securities company was already lying in the nest, and the small investors were almost desperate.

But in fact, there is still a force that cannot be ignored. During this period of time, it has only used less than three layers of power.

That is Shengfeng Capital.

With 2.75 trillion leveraged funds in hand, in fact, the amount of funds that can be adjusted has exceeded 3 trillion. Wang Xin's hot money team has gained a huge amount of money during this period, and has made more than 50 billion profits from it, plus six times the leverage ratio. It is the scale of 600 billion funds, which will drag QIFF into the water by the way.

In other words, the bullet reserve in the hands of Shengfeng Capital still has 2.1 trillion liquidity.

On Tuesday, August 25th, the opening market continued to plummet, and the market seemed to be swooping towards the 2600 mark. Qin Weimu took the funds of Shengfeng Capital to support the market, and by pulling up the stock of Weilan Pure Electric Vehicle Company and the supply chain of Weilan Pure Electric Vehicles , Bluestar Technology Supply Chain, Cote d'Azur Supply Chain, Semiconductor Supply Chain and other five related stocks supported the market.

...

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