How can I justify myself as a Magnate if I don't indulge myself?-Chapter 559 - 257: IDE Group Establishment Ceremony

Since Gu Heng handed over the 2nm chip mass production technology, the tech circles of Hua Country, or rather the entire global tech circles, had been shaken by a magnitude twelve earthquake...

The technology contributed by Gu Heng was a complete and mature system, and it circumvented all current technology patents...

In fact, the so-called 2nm chip technology was not the most important; the most important was this complete system chain, which could even enable Hua Country to manufacture the world's most advanced lithography machines...

If the chip is the result of technology...

Then advanced lithography machine technology is the true core of the technology...

With this complete technology chain, given Hua Country's level of scientific research, they could soon create 1nm, 0.76nm, or even finer chip technologies on the current basis...

After all, in the face of Western constraints, Chinese people could even manually assemble atomic bombs and break through the numerous barriers in the semiconductor industry, independently developing mass production technology for 7nm chips without the need for lithography machines...

Now, with the support of this world-leading technology, it wouldn't take ten years, or eight, but just three, or even less, for Hua Country's semiconductor industry to completely dominate the globe. The days when Qualcomm, NVIDIA, and TSMC monopolized the high-end semiconductor market would be gone forever...

It's no exaggeration to say...

This is the most exhilarating industrial rise of Hua Country since entering the 21st century...

And with the nation's deliberate spread of information abroad, the West also received this news in real-time; after all, Hua Country is so large, and not everyone in the upper echelons of scientific research is wholly devoted, so a leak was inevitable.

The highest authorities in Hua Country knew this, and rather than be caught off guard when the leak happened, they preferred to take the initiative to inspire and boost morale, allowing the Western semiconductor giants and politicians to guess and buy time. They planned to strike a bigger blow later, completing a perfect switch from defense to offense...

The facts proved...

This plan had succeeded...

Since the news broke out, the high-level games between the East and the West had never ceased; nobody could understand how a high-tech industry that was nearly a decade behind the West could suddenly rise?

As for the leak, that was absolutely impossible...

Because they themselves did not possess the 2nm mass production technology—after all, how many years had it been since the mass production of 3nm chips?

Thus, those semiconductor giants and Western politicians who were gatekeepers came to a consensus on two possibilities...

One was that Hua Country was setting a smokescreen...

The other was that it involved alien technology...

Clearly, of the two, only the first possibility was slightly plausible...

It was this speculation that led the West not to take the matter too seriously, and they even intensified their technological restrictions, expanding the impacts of the lithography machine embargoes. They had been somewhat concerned with saving face before, but now they were brazen, banning not only the export of high-precision lithography machines to Asia but also those machines that were already obsolete...

For a time...

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All capitals betting against Hua Country's semiconductor industry stood up...

The market value of Hua Country's semiconductor plunged by 30% in an instant...

In the past, although there was no way to resist, according to the temperament of Hua Country, there would have been countermeasures in other areas, arm-wrestling, but this time, Hua Country seemed resigned, with no reaction whatsoever, not even a statement of condemnation...

Some capital giants with keen senses detected the feeling of an impending storm but could not understand the situation and could only watch from the sidelines...

And Gu Heng, the instigator of it all, had now escaped from the center of the vortex...

...

...

September 1, 10 a.m.

Hushang Financial Center.

As it was the start of the school year, the nation's attention was focused on the major universities...

But in addition to the back-to-school hype, all major economic media rushed to Shanghai...

With Gu Heng's investment of tens of billions, IDE Capital might not be a giant among the domestic capitals, but it definitely was a star enterprise...

After all, most of the domestic capital giants were private equity companies like Gaoling Capital, Sequoia Capital, and Yunfeng Fund. Rather than financial giants, they were more like asset management companies...

Although the flow and investment of funds reached hundreds of billions or even trillions, that money was almost all other people's.

IDE Capital was different...

It was a privately-capitalized company, wholly owned by Gu Heng, somewhat similar to Tencent Investment, operating in a completely different way...

Compared to Tencent, which had invested a total of 300 billion in recent years, IDE Capital's tens of billions of investment were not that huge...

But Tencent Investment was backed by a company with a market value of 4 trillion, while IDE Capital depended entirely on Gu Heng for funding, which was the scariest part...

Initially, the exposure of Gu Heng's several maneuvers had already made the media extremely interested in him. Now that he was corporatizing the company, such a big move, how could the media that loved to join the hype miss it?

Currently, IDE Capital Group owns seven subsidiaries...

IDE Capital...

IDE Media and Entertainment...

IDE Construction Engineering...

IDE Medical Services...

IDE Education Industry...

IDE New Energy Development...

And one not yet disclosed, IDE Semiconductor...

The basic structure of the seven companies had been completed...

Over the past two months, Gu Heng had been fervently digging, and under his golden shovel, the management of the seven subsidiaries had all been scooped up from the most elite talents in their respective industries...