King of Technology: A Fresh Start in 1983
Chapter 90, The Turmoil Before the IPO
One day in July 1992, in Central, Hong Kong.
At 9 a.m., in a private conference room of Jin Ding Capital.
Tiangong's IPO has entered a critical period.
Zhou Yuguang handed the final draft of the prospectus to Li Mingyuan.
"Old Li, have you checked all the patent risk disclosure sections?"
Zhou Yuguang pointed to the clauses in Appendix 3, "especially the independent design statement of the FPU architecture."
Li Mingyuan adjusted his glasses: "Lin Wei's team's design logs and patent circumvention report are attached, along with ACL certification. The legal team has confirmed everything..."
Just then, the secretary hurriedly pushed the door open and came in.
"Mr. Zhou, Professor Li, the monitoring team has received an urgent document..."
She handed over a fax sheet. "This is the first draft of today's layout for *Asia Business Weekly*. And, apparently, the content has already been leaked..."
Zhou Yuguang took the fax and glanced at it.
Title: "Tiangong Technology's Patent Mystery: Is the Pangu II Core Architecture Suspected of Copying Intel?"
Subheading: "Anonymous expert reveals that red-chip listings may face significant legal risks!"
Article content: Questioning whether the Pangu II FPU plagiarized Intel x87…
The post also included a blurry screenshot of an internal email in which Lin Wei suggested "referencing Intel documentation."
He looked up at Li Mingyuan: "Jiang He's analysis was indeed correct."
Immediately, he picked up the phone and dialed the dedicated line in Pengcheng: "President Chen, Pan Asia is indeed getting restless."
At this moment, at the headquarters of Pengcheng Tiangong, Chen Jianghe and Lin Wei were discussing the texture compression algorithm of [Pangu III].
He pressed the speakerphone button, and Zhou Yuguang's voice rang out in the office: "There's movement in the layout workshop of Asia Finance Weekly. As expected, Ma the Cripple from Pan-Asia has gotten involved."
"understood."
Chen Jianghe casually jotted down a time in his notebook: "Immediately activate the [Rock Solid] No. 3 contingency plan, put the technical platform online on time, and have the legal team send out letters simultaneously."
He hung up the phone, smiled, and said to Lin Wei, "This is going to be good! It's time for your prepared technical package to be shown."
Lin Wei closed the circuit diagram in her hand: "The backend was debugged last night and can be launched at any time."
"We've also received the forensic report on the characteristics of the forged emails from the forensic institute."
"Proceed according to the plan."
Chen Jianghe turned to his assistant, "Have the Hong Kong branch contact TVB and ATV's news departments immediately. The midday news must be interrupted today!"
"Notify Zhao Xiaobo that the official media press release will be sent out promptly at 10:00 AM."
"At the same time, we had the legal department fax the complaint from the Hong Kong High Court to the editorial office of Asia Business Weekly."
...
9:45 AM.
The homepage of Tiangong's official website has been quietly updated.
After the blue progress bar finishes loading...
The [Pangu II] Technology Archive interface displays the following content:
Below the "Design Origins" section is a scanned copy of the FPU architecture manuscript from August 1991.
The scanned document contains Lin Wei's pencil annotation: "VLIW scheduling replaces sequential execution - circumventing Intel patent US4827403".
On the patent firewall page, a dynamic flowchart illustrates the core patents of the Intel x87 instruction set…
There is also the dynamic precision adjustment scheme adopted by [Pangu II].
The archive area, marked with timestamps, displays twelve notarized documents bearing steel seals.
The record shows a researcher from the Institute of Microelectronics at Tsinghua University signing a confirmation at the tape-out testing site: "No patent infringement risk was found."
At this point, Zhao Xiaobo's team had already sent the above link to the media channels they had contacted beforehand.
After receiving the email, the editor-in-chief of Computerworld immediately removed the current issue's headline and replaced it with a new article:
"Complete Technical Transparency! Empirical Evidence of the Autonomy of the Tiangong [Pangu II] Architecture".
10:00 AM.
The front page of the Science and Technology Daily features an article signed by an academician of the Chinese Academy of Sciences:
The hierarchical scheduling mechanism used by the Pangu II FPU is fundamentally different from the Intel instruction set.
An hour later, at a video recording studio in the port city.
Lin Wei facing the camera:
"I am Lin Wei, the lead designer of the FPU in [Pangu II]. Regarding the malicious screenshots published by *Asia Finance Weekly*, I hereby solemnly declare..."
"That email from last March was my suggestion to General Manager Chen to use a superscalar production line..."
"The email system has the original timestamp. Some people are taking things out of context and trying to spread rumors. The forensic report has been submitted to the Hong Kong City Court."
...
Immediately, copies of the videotape were sent to major television stations.
Meanwhile, Lin Wei's written statement and forensic report were sent to the editorial departments of various media outlets via fax and email.
TVB's midday news at 12:30 PM:
"Today's Tech Focus: Tiangong Technology Accused of Patent Infringement by Asia Business Weekly"
"This station received an exclusive response from Dr. Lin Wei, the technical director of Tiangong Technology..."
The screen cuts to a video clip of Lin Wei's statement...
At the press conference, Zhou Yuguang pointed to the images playing on the big screen, where Lin Wei's every word resonated deeply.
The screen then switched to a key page of the forensic report.
The traces of Photoshop manipulation in the forged email are clearly marked with red arrows.
At this moment, in the printing workshop of Asia Finance Weekly, workers are loading PS plates onto rollers.
The phone rang in the editor-in-chief's office, and a cold voice came from Tiangong Lawyer on the other end:
"The content to be published in your journal is suspected of defamation. Tiangong Technology has filed a lawsuit in the High Court, case number HCA1234."
"Meanwhile, the court order to freeze your publication's accounts is in the process of being issued."
Ten minutes later, the editor on duty rushed into the workshop holding a fax he had just received: "Stop printing! The editor-in-chief has ordered the manuscript to be withdrawn!"
The fax paper bore the case number stamp of the Hong Kong High Court.
The roar of the printing press abruptly stopped.
1:30 PM.
In the trading hall of Jinding Capital, traders in red vests keep a close eye on the Hang Seng Index screen.
After a slight drop of 0.3% at the opening, the stock price of 8007.HK (Tiangong Technology) suddenly surged with a steep bullish candlestick as the number of visits to its technology platform exceeded 100,000.
"Pan-Asia Capital's short positions in the grey market have been liquidated!"
The trading manager picked up the phone. "Mr. Zhou, we lost eight million by liquidating our position in Pan Asia and are currently selling real estate stocks to replenish our margin."
Zhou Yuguang looked at the numbers flashing on the screen: "Have the compliance department package up the evidence chain of Fanya's stock price manipulation and send it to the China Securities Regulatory Commission."
2:30 PM.
In the banquet hall of the Regent Hong Kong Hotel, reporters aimed their cameras and microphones at the podium.
There was only a glass of water in front of Zhou Yuguang.
The sound of camera shutters clicking filled the air.
A reporter raised their hand: "It's rumored that Manager Ma of Pan-Asia Capital was taken away by the Commercial Crime Investigation Department. Is this related to Tiangong?"
"The port city is a society governed by the rule of law."
Zhou Yuguang picked up his water glass and took a sip. "Anyone who breaks the law will pay the price."
The large screen suddenly switched.
On the real-time chart, 8007.HK's gains widened to 5.7%, with trading volume hitting a new high during the listing preparation period.
At this time, the Tiangong Pengcheng R&D Center.
Lin Wei pointed to the fax she had just received and said to Chen Jianghe, "Mr. Chen, the Hong Kong Stock Exchange has confirmed that the hearing date remains unchanged."
"As expected."
Holding the chip sample in his hand, Chen Jianghe said, "Ma Quezi's move saved us more than five million Hong Kong dollars in public relations and publicity expenses."
Outside the window, a truck loaded with the [Xuanyuan] PC was ready to depart...
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