Chapter 296 Listen to the Dragon’s Roar
These domestic mobile phone manufacturers have more or less intricate ties with Qualcomm, and the investors behind them come from all over the world.

Therefore, when it comes to fully adopting self-research, we have always adopted a step-by-step approach.

Everyone is thinking about developing their own chips while also maintaining cooperation with Qualcomm.

It is equivalent to betting on both sides and walking on two legs.

Even Huawei's mid- and low-end models are equipped with Qualcomm chips.

The positioning of topological semi-metal chips is still mid-to-high-end, so Huawei's mid-to-low-end models have not given up cooperation with Qualcomm.

As China's chip technology breaks through, Qualcomm executives make public statements every year:

"I hope Huawei phones will not completely abandon Snapdragon chips, and the two sides should continue to deepen cooperation."

The reason why the University of Tokyo is not in a hurry to make a statement this time is that we have already secured the photolithography factory, and traditional photoresist can also achieve the same effect.

The purpose is to make these private enterprises give up their fantasies and make them realize that developing their own chips is the only way out.

Even if Dongda announced that its lithography plant had been successfully put into operation and had excess production capacity, and Xi'an announced the lifting of some orders, these manufacturers' mobile phones equipped with Qualcomm chips would be able to be sold overseas.

Such frequent changes in policies can at least plant the seeds of doubt in the hearts of these manufacturers. When the technology matures, they will spontaneously abandon Qualcomm.

Xida is digging a hole for Dongda, and Dongda is also digging a hole for Xida.

Consumer electronics is an industry that is highly dependent on globalization. It is very difficult to use administrative orders to force these private enterprise giants to voluntarily stop cooperating with Western University's companies.

Not only will there be great resistance in doing this itself, but once you actually do it you will also face various pressures.

What Southeast University needs to do is to use market behavior and the disconnection with West China University to promote the independent localization of the industrial chain.

Everyone has his or her own little plans.

"Listen to the Dragon's Roar"

The whole summer has been spent in noise. Mobile phone manufacturers are taking measures. The speeches for the autumn new product launch conference will be significantly adjusted. The necessary statements must be made, and as much production capacity as possible from chip foundry manufacturers must be obtained as much as possible.

Everyone wants to book production capacity from SMIC.

Because the new type of photoresist is not available in new quantities, there is still stock available.

Everyone hopes to have more flagship phones with self-developed chips and fewer flagship phones with Qualcomm chips.

There are various voices at the public opinion level.

Because Zhihu’s anonymous answers have been cancelled, I can’t even see “Listen to the Dragon’s Roar” anymore.

These four words came from Chen Yuanguang’s Weibo. On October 10, he only posted these four words without making any other explanation.

In just ten minutes, these four words were pushed to the top of Weibo's hot search list.

Everyone is discussing what this means.

Chen Yuanguang has always had a Weibo account, but he rarely posts on it. The last time he used Weibo frequently was when he was promoting "Once Upon a Time in Kuala Lumpur".

Even when we used Weibo to do live broadcasts before, there was no advance notice.

Everyone started to speculate about these four words, after all, topological semimetal is a technology created by Chen Yuanguang.

"Fuck the Light God!"

"Is there any good news?"

"The God of Light has personally taken action to conquer photoresist technology?"

"Is this the good news I thought?"

"Light God, don't be a riddle man!"

"Finally the dragon roared. I wouldn't believe anyone else, but I believe what the Light God said."

"The White House is going to have trouble sleeping."

"The White House officials probably have to think about what Wright is going to do when they get up to pee in the middle of the night."

"If I were an American, I would definitely not be able to sleep."

"It still depends on the God of Light"

Just four words, without any other content. On the first trading day after the National Day, after the A-shares opened, all semiconductor-related stocks rose sharply, showing Chen Yuanguang's amazing influence.

This is real money voting, with northbound funds flowing in over 200 billion throughout the day. Foreign investors also believe that Chen Yuanguang's Weibo post is well-targeted.

Xiaomi's stock price surged 13 points throughout the day because the capital market believed that given the personal relationship between Lei Jun and Chen Yuanguang, once the chip problem was resolved, the first model that could be used would be Xiaomi's flagship model launched this year.

All public figures who were familiar with Chen Yuanguang were asked what this meant.

Even at the completion ceremony of Guangjia Aerospace's office building, local official media reporters in Shenhai asked curiously:
"Mr. Lin, there is a question that the public is very concerned about, but it has nothing to do with this completion ceremony. I would like to take this opportunity to ask you. Is this convenient for you?"

Lin Jia naturally knew what the other party wanted to ask: "Ask it."

"We are all very curious about the connotation of the song 'Listen to the Dragon's Roar' on Guangshen's Weibo, and whether it is related to the obstructed development of China's semiconductor industry?" the reporter asked.

The city leaders from Shenhai nearby pricked up their ears; they were equally curious.

"I'm sorry, I can't reveal too much because it's confidential. I can only say that it must be the answer that everyone wants to hear." After Lin Jia finished speaking, the reporters in the audience burst into warm applause.

At least from Lin Jia, everyone further confirmed that this is related to semiconductors.

Chen Yuanguang's past achievements in technological breakthroughs have given everyone confidence that he can definitely get it done.

Just don't know what way.

The next day, semiconductor stocks continued to rise sharply, and Xiaomi's Hong Kong stocks also rose sharply, as if it was about to recover its previous losses. Lei Jun also responded to a comment from a netizen on his Weibo: "Xiaomi's journey to self-developed chips will not be stopped because of this small setback."

This is an indirect response to netizens' questions.

"Guangjia Aerospace has invested in Biren Technology and has become the largest shareholder of Biren Technology, completing its absolute control over Biren Technology with a shareholding ratio of more than 70%."

"BiRen Technology is one of the few companies in Dongda University that focuses on GPUs. Since its establishment in 2019, it has completed two rounds of financing, with a total financing scale of nearly 50 billion RMB. Its investors include Qiming Venture Partners, IDG Capital, Hillhouse Capital and other domestic leading investment institutions. It is not known whether Guangjia Aerospace's investment this time is in the form of capital increase or direct acquisition."

"Mao Lai Optics issued an announcement stating that the company is planning to make a special acquisition, and the company's top five shareholders intend to transfer their shares to specific investors. The company's shares will be suspended from trading from the opening of the market on Wednesday."

"According to the latest news from reporters, the specific investor of Maolai Optics this time is Guangjia Aerospace, whose actual controller is Chen Yuanguang."

After the National Day, there is a dizzying array of news.

BiRen Technology is a domestic GPU company with a certain history. It has been making AI computing cards before, which is a different path from Moore's Law.

Moore's Law also makes graphics cards for ordinary consumers, and their performance is pretty good. However, BiRen Technology does not do that at all and focuses purely on the B-end market.

Therefore, BiRen Technology is not well-known in the industry.

Maolai Optics is even less famous. It has a long history, is a listed company, and has a super high market value. It is a listed company that is not favored by shareholders at all.

"I can't stand it anymore. I sold you and the stock price is going to take off right after I sold it, right? I said that the stock price has been like a roller coaster recently, rising to the daily limit from time to time and then plummeting. It turns out that the purpose is to wash out these retail investors."

"Raise your hands if you sold it the day before takeoff. I sold it because I couldn't stand the torture. I have the urge to buy it."

"I didn't sell it. If it was really acquired by Guangjia Aerospace, the opening price would have increased by at least ten times."

There is a thing called optical armor concept stocks in the A-share market, which refers to listed companies related to the companies under Chen Yuanguang's name, including those in which he holds shares and those in the upstream and downstream of the supply chain. Maolai Optics is the first company to be directly acquired.

Another company under Chen Yuanguang's name, Guangjia Technology, has a market value of trillions of dollars.

"Ten times? A hundred times. The current market value of Maolai Optics is only 30 billion. It is not excessive to increase it by a hundred times to 3000 billion. The words 'God of Light' alone are worth this price."

"I think so too. I will definitely not sell it until the market value reaches 100 billion."

"I feel like the stock will set a record for the most consecutive trading days after the suspension."

As the name suggests, Maolai Optics is a company that makes optical accessories, just like Zeiss Optics, but there is a huge gap between the two.

But there was one thing about Maolai Optics that allowed it to enjoy an extremely high valuation in the past: it was the lens supplier for Shenhai Microelectronics' self-developed lithography machines.

It is precisely because of this that Maolai Optics can enjoy a valuation of more than one hundred times.

Being a supplier of lithography machines means that there is some technology involved. Shareholders and investors think so too.

"The market makers are too mean. They obviously know the news in advance, and they push the stock up to the daily limit every once in a while, and then start to plummet. Retail investors who hold this stock can't withstand a few rounds at all."

This kind of gameplay is the most psychologically challenging. If the stock price falls or rises slowly, retail investors can hold on to it.

First, there is a daily limit up to attract your attention and you expect it to continue to rise the next day. Then, it crashes sharply and then, as if one crash is not enough, it happens two or three more times, making you unable to bear it and suspecting that the previous daily limit up was caused by the dealer's plan to sell the shares.

Then forced to sell.

After a few more times, most retail investors will naturally hand over their chips.

In the stock bar of Maolai Optoelectronics, retail investors who shorted the stock were all cursing and bashing the market maker.

By the middle of the month, many reporters received invitations from BiRen Technology's product launch conference on October 10th.

Everyone felt relieved now that they could get in touch.

The God of Light’s “Listen to the Dragon’s Roar” really meant to be a big move, and here it comes.

"Everyone, look, what is this? It's the invitation to the BiRen Technology press conference. It's very impressive, with a long red dragon stretching out, which echoes the dragon's roar that the God of Light mentioned.

You can tell at a glance that it means Dragon's Roar.

The content is also very interesting. We sincerely invite you to participate. Let us listen to the dragon's roar together at the Mercedes-Benz Center at 2026 pm on October 10, 28.

All of them responded that the time was not well chosen and it should be the same day as Apple’s fall conference.

Now I am curious whether Guangshen will personally support Biren Technology, after all, Guangjia Aerospace is a wholly-owned subsidiary. Secondly, what products will Biren Technology release? "Many bloggers on Douyin are showing off the invitations they received to product launch conferences.

In addition to the invitation letters, BiRen Technology’s Weibo held a lucky draw to draw 5,000 tickets for the event.

At the press conference, Lin Jia walked out from behind the stage and there was warm applause from the audience.

Everyone knew who she was representing.

“Good afternoon, everyone. There are many visitors here. In addition to media friends, there are also many visitors who are interested in the prospects of China’s semiconductor industry. I also believe that you are not here to see me, but to see Yuanguang.

Everyone should know that the rocket development of Guangjia Aerospace has reached a critical stage. Yuanguang couldn't come to the scene in person, so he took a video and then gave me the important task of holding the product launch conference. "

As for the original management team of BiRen Technology, they were cleaned out long ago after the acquisition was completed, leaving only the senior executives in the technical line.

The founder of BiRen Technology was previously the president of SenseTime, and he is best at financing and making promises.

Previously, it defeated the co-founder who wanted to go for graphical GPU. The co-founder has more than 25 years of experience in GPU product architecture and R&D. He worked at Qualcomm for 11 years and independently developed 5 generations of classic Qualcomm Adreno mobile GPU architecture.

Previously, he served as the chief scientist of GPU technology in Huawei's Futurewei department, responsible for Huawei's Hongmeng OS graphics and image processing and UI system framework.

This type of executive was eliminated after the acquisition was completed. Between him and the co-founder, the investor would choose him, but between Guangjia Aerospace and him, the investor gave up on him without hesitation.

The official news was only released recently, but the actual acquisition was completed last year.

The previous co-founder was also brought back as technical director to develop graphics GPU.

"Let's watch a video first." said Lin Jia.

(End of this chapter)