sinovels Chapter 960 Capital Injection, Ni Guangnan’S Thanks
Chapter 960 Capital Injection, Ni Guangnan’S Thanks
Come out of the lab.
A group of people came to a conference room.
The next step is to discuss the capital injection into Coastal Semiconductor.
This does not mean that the research and development of domestic lithography machines can stop here.
Where are you now?
I still don’t know how much work will be done and how many technologies will need to be overcome.
As the lab director said.
The ultimate theoretical accuracy of a lithography machine equipped with a steady-state micro-focused light source can reach the 1nm level.
But in fact.
The current verification machine is extremely accurate if it can reach 22nm.
good.
The light source is the most important core component of a photolithography machine.
This is equivalent to a knife, a knife used to carve circuits.
Without this knife, or if this knife does not meet the requirements, it is natural that fine patterns cannot be carved.
But the same.
In addition to the light source, the lens and the dual workpiece stage (alignment) system are one of the important factors that affect accuracy.
The main function of the lens is to scale down the circuit diagram on the mask onto the silicon wafer mapped by the laser, and the objective lens also compensates for various optical errors.
therefore.
The requirements for accuracy are very high.
At the nanometer level, a slight difference in accuracy can lead to huge consequences.
The dual workpiece stage (alignment) system can be said to be the most important system among the major systems of the lithography machine, besides the light source and lens system.
If there is a deviation in the precision control of the dual workpiece stage system, it is likely that a laser shot was fired, and it was supposed to be engraved in this place, but ended up in another place.
The consequence of this is that the entire product is directly scrapped, and the loss is not one hundred or thousands of yuan, but tens of millions!
The current verification machine cannot reach the theoretical limit accuracy value, and may not even reach the 22nm level.
This is because China is weak in terms of lenses and alignment systems.
A high-end photolithography machine consists of tens of thousands of parts.
This part has a difference of 0.01, that part has a difference of 0.01, and if tens of thousands of parts all have a difference of 0.01, when combined, the accuracy is not a difference of 0.01.
When three parts with a difference of 0.01 are combined, the accuracy is only 0.97, and the accuracy difference is as high as 0.03, which is unacceptable in cutting-edge equipment such as photolithography machines.
Just imagine.
When tens of thousands of parts with an accuracy of 0.99 are combined together, what is the accuracy difference?
The result of 0.99 raised to the power of 10,000 is 0.
That is to say.
Tens of thousands of 0.99 precision parts are put together, and the accuracy is 0. It is a complete waste product.
The accuracy requirements of high-end photolithography machines are 9 to 11 nines.
At Coastal Semiconductor, if we want to improve the accuracy of lithography machines, we not only need to make further progress in the light source, but also need to optimize other system components and continuously debug them to reach the best level.
This requires finding out which parts have larger accuracy errors during the testing process.
This is a huge project.
It requires countless manpower, financial and material resources.
Just by developing the steady-state micro-beam light source, Coastal Semiconductor's previous capital injections from the four major companies have basically been burned.
If we want to continue to tackle the problem, we will naturally need another capital injection from the four companies.
According to the initial investment ratio and technical contribution, Blue Star Electronics 51%, Loongson International 23%, Shanghai Microelectronics 15%, and Micro Semiconductor 11% each.
Based on discussions by Lu Yi and others, it was decided to position Coastal Semiconductor’s market value at 20 billion yuan.
To know.
In the beginning.
Sifang invested a total of 4 billion yuan to establish Coastal Semiconductor.
Now that lithography machines have made major technological breakthroughs, Coastal Semiconductor naturally has full potential, and doubling its market value is reasonable.
Subsequently.
Lu Yi and others determined the amount of capital injection to be 1 billion yuan.
Blue Star Electronics, represented by Lu Yi, will not make additional investment this time.
Instead, Azure Ventures, controlled by Lin Qingya, invested 500 million yuan in Coastal Semiconductor and obtained 2.5% of the equity.
Loongson International invested 300 million yuan and obtained 1.5% of the equity.
Longwei Semiconductor invested 150 million yuan and obtained 0.75% of the equity.
Shanghai Microelectronics invested 50 million yuan and obtained 0.25% of the equity.
After injecting capital into Coastal Semiconductor, the equity changes of all parties were: Blue Star Electronics 48.45%, Loongson International 23.35%, Long Micro Semiconductor 11.2%, Shanghai Microelectronics 14.5%, and Blue Venture Capital Fund 2.5%.
It’s not that Lu Yi doesn’t want to contribute money this time.
The main reason is that I am afraid that people like Zhang Rujin and He Rongming will have random thoughts.
after all.
The outside world knows that although Blue Venture Capital is under Qingwei Capital, the real controller is Lu Yi, not Lin Qingya on the surface.
If Blue Star Electronics, which he represents, injects more capital, other parties will wonder if he wants to dilute their equity through capital injection so as to kick them out.
The fact that domestic lithography machines can achieve such a major victory is not just the result of Lu Yi alone.
In this process, Loongson, Shanghai Microelectronics, and Longwei Semiconductor all put in a lot of effort, and even other domestic companies cooperated.
Now we are seeing the results. The large capital injection from our side dilutes the equity held by all parties, which gives people the impression that they want to eat the peaches all by themselves.
...Please give me flowers...
after all.
The real controller of Azure Venture Capital Fund is Lu Yi.
Like now.
Blue Star Electronics’ 48.45% stake, plus Blue Venture Capital’s 2.5%, equals 50.95%.
If Blue Star Electronics follows suit, it will obviously exceed 50.95%.
If you want several parties to work together, it is natural to eliminate this gap between them.
Therefore.
Blue Star Electronics did not participate in this capital injection, which can be regarded as a reassurance for Zhang Rujin and others, indicating that Blue Star Electronics has no intention of monopolizing Coastal Semiconductor.
After a rough negotiation.
Lu Yi, Zhang Rujin, and Yin Zhiyao left the conference room, leaving Lin Qingya and He Rongming to continue the conversation.
The topic of the meeting between the two was naturally Qingwei Capital’s investment in Shanghai Microelectronics.
Shanghai Microelectronics is currently so poor that it is almost impossible to open the pot.
Even for the 50 million that we just invested in Coastal Semiconductor, we have to see how much money Micro Capital plans to invest in Shanghai Microelectronics before we can make a final decision.
This matter had nothing to do with Lu Yi and Zhang Rujin, so they left first.
after.
Lu Yi came to Ni Guangnan's office.
Ni Guangnan is the chief engineer of Coastal Semiconductor. In addition, he also has the identity of the chief engineer of Blue Star Electronics.
"Mr. Ni, are you used to it here at Coastal Semiconductor?" Lu Yi asked with a smile in the office.
Ni Guangnan smiled and nodded: "Although I am a little tired, seeing the major breakthroughs made by domestic lithography machines makes everything worthwhile."
"Mr. Ni, you should pay more attention to your health. Don't forget that you are not only the chief engineer of Coastal Semiconductor, but also the chief engineer of Blue Star Electronics. You also know that Blue Star Electronics has launched a PC project and is waiting for you. Go back and take charge." Lu Yi said.
Ni Guangnan raised his eyebrows and said, "Are you planning to transfer me back?"
"Yeah." Lu Yi nodded, "Your main battlefield is on the PC chip.
"I have no problem." Ni Guangnan said.
"Okay, after the National Day, you can always go back to Suzhou and take charge of the PC Division. We will try to launch the first Red Star computer next year." Lu Yi said with a smile.
When Ni Guangnan heard this, he said with great emotion: "In 1994, I was kicked out of Lianxiang by Yanagawa Zhi and others. I thought that my dream of manufacturing domestic chips was shattered. Fortunately, you gave me such a big platform. Not only did I My chip dream has come true, and I have even developed a domestic lithography machine."
Having said this, Ni Guangnan stood up, his expression became very serious, and bowed to Lu Yi: "Director Lu, please accept my most sincere thanks."