Yangtze Storage is a state-owned enterprise in terms of investment proportion, but its major shareholder Tsinghua Unigroup is not a state-owned enterprise, but the State-owned Assets Supervision and Administration Commission has a great say in management.
Moreover, Yangtze Memory said that it is learning the management model of mature foreign semiconductor companies, but in fact it still favors the management style of state-owned enterprises.
The company with the strongest technical strength of Unisoc Group is currently H3C, and H3C's servers account for a large proportion in the backends of financial institutions.
H3C has more servers than listed companies such as Sugon and Inspur.
Of course, it's still not as good as Huawei.
The future prospects of Yangtze River Storage will be better. After all, there are several domestic competitors in the server industry, but storage is the only one.
Will some people say that Huawei’s Kunpeng Storage is also storage?
There is still a big difference between the two. What Huawei does is called a storage server, such as nas, san and other storage servers.
Yangtze Storage is purely engaged in storage: hard drives, focusing on enterprise-level storage hard drives.
Yangtze Storage's hard drives can be used on Huawei's storage servers.
There are also some domestic storage manufacturers in China that are engaged in personal PC business, such as memory and solid-state drives.
What Yangtze Storage makes is also called a solid-state drive, but it has a prefix: commercial-grade solid-state drive or enterprise-grade solid-state drive.
It can be said that in terms of profit or revenue in the storage industry, in the highest segment: enterprise-level solid-state drives, Yangtze Memory is definitely ranked first in the country.
Guan Yang is a senior executive of Yangtze River Storage and a relatively high-ranking senior executive within the company.
He was a vice president who came up from the technical line. After becoming vice president, he was mainly in charge of sales.
Guan Yang has a rich resume. He is a veteran in the storage industry. He was a researcher in the storage field of the Chinese Academy of Sciences earlier. Guan Yang has been deeply involved in everything from R&D to production to sales.
Yangtze River Storage is located in Jiangcheng. He was transferred from Jiangcheng to Yanjing to serve as the chairman of Deep Blue Storage, directly appointed by the State-owned Assets Supervision and Administration Commission.
If the person who came to issue the appointment letter was not the leader of the State-owned Assets Supervision and Administration Commission, Guan Yang would not believe that he would be transferred to a newly established storage manufacturer.
"Can you tell us what Deep Blue Storage does? Is it a storage server? A newly established downstream manufacturer in China to support Yangtze River Storage?"
Guan Yang's face is full of curiosity. Sincerity is his best marketing tool. Every time he talks to a big customer, he will carefully analyze the advantages and disadvantages of Yangtze Storage products.
The other party just came to inform and did not know the details of the matter: "I can only say that becoming the chairman of Deep Blue Storage is obviously better than you being at Yangtze River Storage from a certain perspective."
"But I don't know what your personal thoughts are."
Guan Yang grasped the key point in the other party's words: "From a certain perspective? Could you please explain it in detail?"
The other party also intends to make good friends with Guan Yang: "Deep Blue Storage is a central enterprise and is directly managed by the national level. It is a leap in terms of level."
The chairman of a first-level central enterprise may come in handy one day, and even just revealing some information can have a big impact.
Guan Yang knew that based on his relationship with the other party, revealing this step was already the limit, and he did not continue to inquire further: "Thank you for the trust of the organization. I will work hard and achieve a great career."
But the doubts in his heart still couldn't be suppressed. After the other party left, he sat in the office and wrote on a piece of paper:
"Deep Blue Storage, first-level central enterprise, directly managed by the state"
Then stop writing and think carefully in your mind.
Deep Blue Storage has storage in it. Combined with his own resume and background, he was called over to explain: This company is obviously a storage manufacturer.
I just don’t know which specific segment of storage it is.
"Deep Blue Storage is obviously not engaged in enterprise-level solid-state drives. Since there is already Yangtze River Storage, there is no need to build another one. It is still directly managed by a central enterprise. Yangtze River Storage does not have this treatment."
In other words, it's not necessary.
China has established a large national fund in the semiconductor industry to specifically support domestic semiconductor companies, mainly through financial support.
"China has never directly participated in the management of semiconductor companies over the years."
Because the semiconductor industry has its own particularities, with high investment and long return cycles, it is difficult for outsiders to judge the specific progress.
Solid state drives also belong to the semiconductor industry.
Therefore, at most, we hold shares in some semiconductor companies through indirect or direct shareholdings.
For example, the most famous SMIC is indirectly held by the State-owned Assets Supervision and Administration Commission, and directly held by state-owned enterprises under the State-owned Assets Supervision and Administration Commission.
Yangtze River Storage is similar.
However, this time the newly established Deep Blue Storage was directly held by the State-owned Assets Supervision and Administration Commission, and Guan Yang, a veteran in the storage industry, realized that something was not normal.
However, there have been too many abnormal things in the past two years, and this abnormality is within the tolerable range.
After all, the magic thing has come out, and it is a trivial matter for the state to directly hold shares in Yangtze River Storage.
The existence of magic has caused extremely violent fluctuations in gold in the past two years. On the contrary, Bitcoin has experienced a two-year growth spurt.
"Very unusual."
"It's most likely to be a storage server, but Huawei is doing a pretty good job, so why do they suddenly want to build a storage server again?"
Huawei's storage servers are really good. Although the failure frequency is higher than Dell EMC's, Huawei is also cheaper.
The price plus maintenance costs are only one-third of EMC.
"And the most important thing is, I haven't heard of anyone going to Deep Blue Storage. I haven't heard of any R&D personnel I know who have resigned?"
The researchers in the storage industry that Guan Yang knows range from the level of R&D supervisor to the backbone of R&D below.
A newly established storage company must at least have an R&D director to build the framework of the R&D team.
As a company under the direct control of the State-owned Assets Supervision and Administration Commission of China, the R&D director can only be selected from Chinese people. The Chinese people here include Wanwan, and Wanwan may also be the R&D director.
As for Neon and Gaoli, although they are leaders in the storage industry, they cannot be R&D directors if they can be senior executives.
Firstly, it is because of trust, and secondly, because others will not let him go. The non-competition contract signed by such talents is extremely strict. The main issue is trust.
Guan Yang listed the names of people he thought were qualified to serve as R&D directors on a piece of paper, but he didn't hear that any of them had resigned.
Including the production line, I have not heard of any senior production engineers in the industry changing jobs.
There are very few players in this industry, and there are very few qualified talents, and Guan Yang knows them all. If someone changes jobs or goes to a central enterprise, they will definitely know it immediately.
There is only one explanation for this, and that is that all these people can only wait for him to arrive first before looking for him.
Thinking of this, Guan Yang felt dizzy. Starting from scratch is always the most painful thing.
Of course, watching a company grow bit by bit in your hands is also an indescribable sense of accomplishment.
"Is it the memory chip industry? The problem is that there are already many players in this field in China. GigaDevice, SMIC, and Unisoc Micro, all of these large corporate funds have holdings."
Guan Yang thought about it for a long time and didn't know why. He could only take a step and look again, and he comforted himself in his heart.
In addition, when he checked the information of Deep Blue Storage on the Internet, he also found that Deep Blue Storage has another company with a 50% stake.
This company is a Russian company.
There were more doubts in his heart.
Russia has little voice in the storage industry. Their software may be very powerful, but the semiconductor industry can be said to be a wilderness. Far inferior to China.
...
The National Semiconductor Fund has made rumors in the market that it will sell some of its shares in Yangtze River Memory.
Trying to find players to take over in the primary market.
"Yangtze Storage? This project is not bad. It has high growth and involves the concept of domestic substitution. Moreover, it has no rivals in this segment. Judging from my intuition, I think it can be taken over.
Even if the company's operations are unfavorable, it is still a good business to be listed on the Science and Technology Innovation Board after a shortage of money and then resell it to the secondary market once the lifting period has passed. "
When Cambrian invested in its second round, many institutions participating in the investment had this purpose.
"Another question is, will Yangtze Memory accept foreign investment? I remember when Yangtze Memory was established, both us and investment institutions from Samsung or Neon wanted to be investors.
At that time, the state of China seemed to have rejected everyone.”
Yangtze Memory’s investors are all state-owned assets, including Huaguo Semiconductor Fund, Hu Province Science and Technology Investment Group, etc.
"Yes, at that time, both Samsung and the investors from Wanwan wanted to invest in Yangtze Memory, but even Wanwan failed, they still struggled a lot, and China blocked it.
But the strange thing is that the Huaguo Semiconductor Fund did not reject foreign investment when selling shares, but instead proactively contacted foreign investment. "
"I guess they can't withstand the pressure. The total investment is 160 billion. They may need to bring in foreign capital."
"China is not short of money, but there are also many places to use money. It is indeed possible."
In the end, the Huaguo Semiconductor Fund sold 20% of its shares to a number of foreign investment institutions such as Temasek and SoftBank International at a price of about 32 billion RMB.
Guan Yang received the news during the work handover, and he had new guesses about Deep Blue Storage's mission.
There should be some overlap with Yangtze River Storage, so large funds will transfer shares of Yangtze River Storage.
But he still didn't understand why he didn't continue to plant a tree that had been planted for five years, but cultivated a new tree from a seed.
But what he didn't expect was that instead of cultivating a new tree from seeds, he took over a fully mature tree. Even the seedling stage of this tree was already taller than the previous tree in its mature stage.
"Biological storage?"
"Is it what I understand, biological storage technology where DNA molecules store information?"
Guan Yang didn't know whether he was crazy or the world was crazy. The R&D director of Deep Blue Storage told him that Deep Blue Storage's main business in the future would be biological storage.
I have only seen this term in papers and popular science articles in the media.
He felt a little doubtful about life.
