Material empire

Chapter 632, Washenna Arrangement

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Compared to the interests of shareholders, Sner is undoubtedly more valued for their own interests.

In fact, the idea of ​​selling Nice is not coming from Snyder. If he can choose, he is more willing to let Nice will continue.

If Nice is sold, his CEO will be a head, and the new east will definitely not give him a position.

If Nice is still in the original shareholders, even if he is not like now, he can at least take a virtual name, and some identity before people.

However, the company's shareholders will not consider this. In their view, Nice has no hopes, and the night is not as early as early.

As for what affected Snee, what is the same? The contradiction between this shareholder and the manager is the "entrusted agent problem" in economics.

There is a difference between the principal and the agent, therefore, therefore, it has led to the operation of the company to achieve theoretical optimal.

Snee didn't know what entrusted agency model. He only knew that if the Chinese is willing to buy Nice company, he is willing to let him stay in Nice's management position, then these two are the new east, but also Can give yourself a new east.

"Mr. Xiao is right.

Snee has organized a statement in his heart, then put it out: "As a professional manager for many years in Nice, I have a deep feelings for Nice, and I hope to continue to be Nice. Develop a power.

If your company intends to acquire Nice, and willing to continue to inject funds to Nice, the interests between us should be exactly consistent and can carry out full exchange.

"We are very pleased with Mr. Snned is willing to cooperate with us.

The Qin Hai has a message, Snee 2 has already handed on the table, and he does not accept the reason.

"We are coming to negotiate with the acquisition of Nice with sincerity, we hope to receive the brand, equipment and technology of Nice, including all technicians.

Our initial estimation price is 3.

$ 200 million.

Mr. Snee thinks how this price? "

"This price is lower than the expectation of the board, but.

Given the sincerity of Mr. Xiao and Mr. Qin, I am willing to convince the board of directors, please accept such a price.

Snney said.

In fact, 3.

The $ 200 million acquisition price is already expected above the board of directors. Snee 2 has fully gorizes the board to accept this price.

However, the negotiation is like this, and good conditions, you also have a difficult look.

To win more benefits for yourself.

Qin Sea did not reveal the lie of Snee, he didn't know that Nice's board of directors of the company's valuation of the company, and he would acquire in a premium, not without additional conditions, and this additional condition is still very difficult.

"Mr. Sneede.

Qin Hai made a sure to Sner, and then said: "When Mr. Snee is reported to the board of directors, explain our acquisition conditions in detail.

We hope to get all the assets of Nice, after the completion of the acquisition, we will divide Nice into two, and some of the assets remain in the UK.

Continue production; another part of assets are required to transfer to China after removal, in order to fully utilize China's cheap labor resources.

This condition is to be explained before the acquisition.

"Remove?"

Snney eyebrows were slightly wrinkled: "Mr. Qin means.

Do you intend to transport a part of the equipment back to China? "

"Yes.

Qin Hai nodded and said.

"It turned out to be like this.

Snney understands, it is no wonder that these two Chinese will be so generous, it turns out such an idea.

Semiconductor techniques So the tip is because the equipment it involves is very complicated.

According to SEMI, it is "International Semiconductor Equipment Materials Industry Association"

Classification, semiconductor manufacturing equipment can be divided into seven categories: platelet equipment, wafer preparation equipment, film growth equipment, graphics processing equipment, doping equipment, microchip assembly equipment, test equipment.

Each type of equipment also includes several small classes, such as the so-called "pre-step" manufacturing of semiconductor manufacturing.

The exposure machine needs to be used in the stage.

Packed, developing device, wet corrosion equipment.

Deachers, dry corrosion equipment.

Diffusion / oxidation furnace, ion implantation machine, sputtering table, extended resistor, Fu Lee infrared, scanning electron microscopy, etc. dozens of different devices.

With a country, it is very difficult to cover all of these equipment, and Western countries can also build such a huge semiconductor equipment manufacturing system.

Then, in order to limit China's development, in order to maintain the advantages of China, Western countries have adopted an invoiciency restriction on considerable part of semiconductor equipment, so that China has developed the channel to develop semiconductor industries in China.

Although China has developed part of the equipment through self-reliance, it has a lot of lacking compared to foreign levels.

Although Nice is just a second-stream company in the international semiconductor market, its semiconductor manufacturing equipment is much more advanced than Chinese companies.

Qin Haihao's high-priced acquisition of Nice is to get these equipment and transport it back to China.

Snney is not stranger for these situations, and I realized the intention of Qinhai.

But he had to admit that this is a problem that Qin Hai gives him, because even the second-hand equipment that Nice has used, it is still limited to the export to China. If you want to transport these equipment back China, the difficulty is very huge.

"Mr. Qin, I am sorry, you should know that a part of our company is in the list of Badia, if you want to disassemble China, these equipment, I am afraid it is difficult to review the Batumi.

Snney said.

"Is Badong have been dissolved?"

Xiao Weihao reminded it softly.

"Yes, Batterer has been disbanded, but this does not mean that the limit list has been canceled.

Snee 2, "Don't wear two, Americans are launching a Washen Arrangement, according to what I learned, this arrangement will inherit the control list and rules of Batumi.

The so-called Battong, full name is called "Paris Co-ordination Committee"

It was a multilateral export control coordination committee initiated by the United States in November 1949, and is headquartered in Paris's American embassy.

The members of Batumi include the United States, Western European countries, and Japan, which have subsequently added, to curb the development of Socialist countries such as Soviet Union and China.

In Batali, there are three control lists, which are international atomic energy lists, international military lists, and industrial lists, involving industrial machinery, electronic equipment, transport equipment, metal materials, minerals and their finished products, chemical products, petroleum products. , Weapons, atomic energy materials and equipment, etc.

Member States need to export their above products and technologies to restricted countries, they need to submit an application to Batumi to obtain an export license after obtaining unanimous consent of all Member States.

Battong is the product of the cold war, so with the end of the Cold War, Batumi is increasingly the reason.

On March 29, 1994, Batumi Member State held a high-level meeting in Vastember, Netherlands, decided to dissolve Batong.

The decision took effect on March 31, and Batches finally did not end.

However, it is seen that the appearance of Batumi is in the name of the emergence of Batong, in order to protect the development of the socialist country, in order to protect the technical advantages of Western countries so that Western manufacturers can rely on this advantage. Extra profit.

The dissolution of Batong does not mean that Western countries will give up this policy idea to restrict the development of socialist countries, so the so-called Wassen Arrangement is gone.

The Wasona arrangement is inheritance of Batumi, and its origin can be traced back to the Washen Meet before Batumin, but finally forming the Wastern Agreement in November 1996.

The Wathona agreement stipulates "conventional military"

And "two products"

Multilateral regulation, the so-called two items are simultaneously taking into account military and civilian items and technologies, including advanced materials, materials processing, electronic equipment, computer, telecommunications and information security, sensors, and lasers, navigation and aviation electronics, ships, advancement systems. Spacecraft, etc.

As for which scope belongs to the two items, it is entirely dependent on the two mouths of the country.

At this time, the Washen Agreement has not officially signed, but as a CEO in the European high-tech industry, Snee is still able to know some of these details.

Also because of this, he knows what difficulty in transporting Nice equipment to China.

Qin Hai and Xiao Weihao have focused on a look, and they have already heard what they have earned. Now he listens to Snee 2, I don't feel surprised.

However, Sner can think of Washen's agreement so sensously, it is not expected, it seems that the cold war nerves of the other party are still very tight.

"Nice is a civilian product company. Whether it is Bat Tumi, or what Washen's arrangement you just said is good, don't limit the people's products? I think, except for us, there will be no other The investors will be willing to buy Nice in such a price, and Mr. Snell should know.

Qin Hai said.

"Of course I know.

Snee is no longer disguised, and the conversation between smart people is not intended to be stupid, just a waste of tongue.

The meaning of Qin Hai understood that he actually thought of the issue of limited transport, and it also knows that there is a great difficulty in transporting these equipment back to China.

Also because of this reason, he will have such a high price.

Now he throws this hot hull to Sner, letting the other party choose: Either accept this price, and find a way to help Qinhai get these devices; or ... that can only be huh.