Everyone got up very early the next day. After all, who could sleep when there were important things to do today?
The signing ceremony and chip factory opening ceremony were held at the headquarters building of East Asia Mingyu Group, and the venue was set up overnight.
The lawyers who had not slept all night went to the scene early. They will work with the executives of various companies who also worked overtime there without sleeping all night to finalize the final agreement.
Yes, the executives from Penguin, Dami, Coin Station, and Zizi Yuedong flew over overnight just to discuss the terms of exchange with the executives from Guoxing Company and Dongya Mingyu Group.
You know, the bosses just had to sign the agreement, but it took a lot of effort to get the agreement done, and they only had a few hours.
Si Mingyu, Lei Jun and others arrived at the headquarters building at 8:30, and then received a report from the front desk that several bigwigs brought a large group of people to visit.
It’s really a big group.
There is Senior Brother Liu from Jinggou, Ding Sanshi from the pig farm, Mr. Wang from the Huangpao Food Delivery Group, Senior Brother Cai from Genshin Impact, and Mr. Li from Qianbaidu, and each of them is followed by a group of executives and lawyers.
They were the ones who got the news late, and it was not convenient to call Si Mingyu in the middle of the night, so they brought people here overnight.
Granted, these tycoons are already wealthy, but none of them would refuse to become even richer. Just consider TSMC's current stock price, and you can understand their sentiment. If the chip factory goes into production and the stock valuation increases by more than ten times, what's the point of taking the trouble to come here?
Si Mingyu quickly brought people down to greet them and invited them to the conference room.
The five newcomers entered the room and saw that four familiar people were still there. After a brief chat, they realized they were late, but at least they had caught the last train. Besides, Si Mingyu had shares in Penguin, Zifu, and Bizhan, forming a shared interest. Lei Jun was a veteran in the industry, so it was natural for him to think of them when there was a benefit.
The relationship between the others and Si Mingyu is very ordinary, but since everyone came here overnight, it shows that they are sincere. If they can accept the conditions, it is not impossible for them to participate in the investment.
Si Mingyu briefly explained the equity structure, leaving only 15 percent for the five of them. As the saying goes, earning less is better than earning nothing at all. After a brief consideration, the five newcomers accepted Si Mingyu's offer, which was worth their overnight flight.
Halfway through his speech, Si Mingyu received another report that Boss Ma had arrived, and there was another round of greeting and greetings.
As soon as the door of the conference room was closed, Si Mingyu proposed that the shareholders were those present, and the shareholding ratio was 5% each for the first five people to arrive, and 3% each for the last five people to arrive.
Although all those present were Internet giants, and the oldest was several times older than Si Mingyu, they were the ones leading him in this project, so everyone agreed not to increase the number of shareholders and the equity distribution ratio.
The agreement that was produced after one night and one morning was already extremely perfect. The five people who came later could just refer to it directly and would not be able to find any problems.
Three percent of the shares required an investment of 6 billion Chinese yuan, and Genshin Impact's Senior Brother Cai exchanged it with an equivalent amount of parent company stock, which also fulfilled Si Mingyu's idea of acquiring shares in this game company.
At this point, East Asia Mingyu Integrated Circuit Manufacturing Co., Ltd. was established with a total investment of 200 billion Chinese yuan.
Guoxing Group holds 51% of the shares, Dongya Mingyu Group holds 9% of the shares, Penguin Pony Ma, Ali Ma Boss, Rice Leibus, Character Zhang Yiming, and Coin Station Mr. Chen hold 5% of the shares respectively, Qianbaidu Mr. Li, Jinggou Senior Brother Liu, Zhuchang Ding Sanshi, Huangpao Food Delivery Group Mr. Wang, and Genshin Impact Senior Brother Cai hold 3% of the shares respectively.
The original minimum investment of 100 billion yuan has now doubled. The advantage is that there is sufficient funding to start the construction of the first and second phases of the production plant at the same time.
Although the signing was low-key, the media still took notice. After all, how could so many internet giants in Shanghai go unnoticed? Besides, there were so many other passengers on the plane. Seeing these bigwigs and their teams rushing to catch a flight overnight, wouldn't they have filmed it and posted it on WeChat Moments or a short video?
The media originally thought that Shanghai was holding another Internet or industry conference, but after communicating with each other, they found it strange. There have been no similar events recently and no interview invitations have been received.
After several pieces of information were compiled, someone also found a photo of Boss Ma's private jet arriving in Shanghai. Now all the media outlets, big and small, instantly realized that this was a big deal, and half of the media outlets immediately took action.
Why half? Because when media outlets affiliated with Penguin, Zifu, Zhuchang, and Qianbaidu, which participated in the signing, contacted their superiors, they were told to wait for further notification, which reassured them.
So many bigwigs didn't deliberately keep it secret, so the media easily followed the clues and found the East Asia Mingyu Group Building.
Si Mingyu was just keeping a low profile on this matter, and there was no need to keep it secret after signing the agreement, so the media found out as soon as they asked the front desk.
However, these media outlets were destined to make a wasted trip.
The official websites of eleven companies including Dongya Mingyu Group, Penguin, Ali, Zhuchang, Zifu, and Qianbaidu simultaneously published official announcements about the signing ceremony.
The announcement summarized the eleven companies' joint venture to establish a new company focused on producing various chips. It then provided a slew of technical data, explaining what kind of chips the new company could produce.
In addition to forwarding the announcement, the online news platforms under these companies also added a photo.
The photo shows eleven people signing an agreement at a conference table. The photographer is very skilled and captured the best side of everyone in that moment.
After seeing the announcement and news, netizens were excited, and the name "Dongya Mingyu Integrated Circuit Manufacturing Co., Ltd." instantly became a hot search.
Some professionals have pointed out that the production type of the new company's chips is highly consistent with that of TSMC. In other words, this is a smaller and weaker version of TSMC in mainland China.
Although the new company is far inferior to TSMC in terms of product advancement, it is not bad in terms of product variety. Once it goes into production, it can at least guarantee the self-production of mainstream high-end chips.
This is really amazing. It’s no exaggeration to say that this is news of the nuclear explosion level.
The second trending search was "The strongest post-2000s in the business world."
This is because the new company has been registered, and anyone with a little bit of channels can find out the shareholding ratios of the shareholders. Besides, it can be clearly seen from the company name.
Everyone is convinced that the future development of the new company will definitely not be a problem. Relying on the large domestic market, there will be no worries about selling products. Besides, the Russians in the north are still crying out for food.
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