Chapter 173 Wolf's Ambition (1/3)
Just when Wang Anran convened a meeting between the company's departments and discussed the response plan.
The official court formally accepted the claims cases of major machine providers.
The court also had a headache. If the case was confirmed, it would set a record for foreign-business claims.
Moreover, in order to ensure their respective interests, all parties have added additional requests to freeze Huaxin Technology's account.
This is very difficult to deal with!
One is a star enterprise in the national high-tech industry, and the other is a multinational foreign businessman.
No matter which side you are biased, it will have a profound impact on all aspects.
Moreover, both domestic and foreign media are paying close attention to the development of the situation.
The Foreign Affairs Office has received inquiries from many heavyweight media at home and abroad.
The court can only state that the case is under trial and is not convenient to disclose.
The legal department of Huaxin Technology just received a notice from the court. Lawyer Liu Ning felt the seriousness of the situation. He immediately realized that the news needed to be reported to the supervisor as soon as possible.
But the supervisors and directors of the legal department were all called to attend meetings.
what to do?
After thinking about it, Zhang Ningsi stood up and walked towards the conference room.
At this moment, Wang Anran is arranging a press conference. The federal court's sales ban is pushing Huaxin Technology into a desperate situation. As the helmsman of Huaxin Technology, Wang Anran will naturally not sit still and wait for death.
At this stage, the incident has escalated, and Huaxin Technology's counterattack is still on the official side.
The original plan was to hold a press conference and announce the more than 30 patent infringement alleged by Intel was completely false, and by the way, I protested against the hasty feelings of the federal court.
Yes, they have big fists, what can they do if they don’t protest?
The counterattack is weak and powerless because it is not enough.
Wang Anran was furious when he heard Dell, Compaq, and ibm demanding that Huaxin Technology account be frozen.
"The meeting was dismissed, Director Shi, Director Mo, Director He, and Lawyer Coaster stayed."
Everyone left the scene, but they didn't know who it was. When they left, they forgot their pen on the table, and were touched by the people behind them, and rolled and fell to the ground.
A click.
This sound seemed to twitch the heart and make people suffocate.
Wang Anran put the teacup on the table and said, "Let me tell you a message. Most of the whole machine manufacturers including dell, Compaq, and ibm who have business dealing with us have filed lawsuits against Huaxin Technology. They asked the court to freeze our account. If they do what they want, Huaxin Technology will not be as simple as being seriously injured. Director Shi, please talk first."
He studied under the ancient face and closed the notebook and said, "I can't imagine that most of Huaxin Technology's current working capital is used in chip processing plants, SMIC electronic processing plants, chip foundry expenses, cooperative research institutions and R&D expenses. Currently, less than 1.3 billion yuan left on the books, equivalent to less than 150 million US dollars.
The near-term payment is about US$80 million, and there are US$270 million to be paid in the future.
If the account is frozen, Huaxin Technology will freeze all payments to be collected simultaneously. If the payments to be paid are not paid in time, we will face more legal disputes, and then..."
Wang Anran looked up and saw that his disciple Gu was also looking at him, saying, "Director, say whatever you have?"
"Mr. Wang, the worst result is that Huaxin Technology is insolvent and will be forced to go through bankruptcy settlement procedures."
When things have reached this point, they have already broken up. Wang Anran asked Coaster, the director of the International Trade Law Department, and said: "Security Coaster, I would like to consult with Huaxin Technology if at this time, submit the relevant supporting documents to the federal court, when will they revoke the ban?"
Coaster shrugged and said, "Mr. Wang, I cannot answer you. As far as I know, the longest time for the federal court to revoke the injunction is 2 years if the evidence is conclusive.
In fact, two years later, after the ban was lifted, it would have no effect, because two years were enough to make a world-leading technology a more backward technology of that era.”
Wang Anran did not argue with it. He knew very well that time in the semiconductor industry was even more exaggerated. Not to mention two years, even two months, generational products may be produced.
"How can we get the federal court to lift the injunction as soon as possible?"
"If it is determined after expert evaluation that Huaxin Technology has not infringed, the speed may be faster."
This is a waste of time.
Huaxin Technology's current situation is very embarrassing, like yellow mud falling into its crotch. It is not shit, but it is considered shit.
Wang Anran shook his head and asked, "What will happen if the federal court is sued?"
Coaster was stunned, then shook his head and said, "You can try it. Huaxin Technology can file a lawsuit with the Supreme Federal Court, demanding the revocation of the illegal decision of the state federal court. However, Mr. Wang and Huaxin Technology will also go through a complicated legal trial process."
Wang Anran was filled with anger. He knew Coaster's meaning very well. Even if the Supreme Federal Court's lawsuit was won, Huaxin Technology might no longer exist by then.
Then the winner or loser of the lawsuit no longer means anything.
The wolf's ambition is obvious.
But they underestimated Wang Anran's determination. They not only had Huaxin Technology, but also Huawei Software and Future Technology. Although it was difficult, they would not be able to make up for it.
But in this way, Huaxin Technology is equivalent to admitting its conscience, and Dell and Compaq also received a large amount of compensation.
How could Wang Anran make them do what they want...
…………
Goldman Sachs Clark came to Huaxin Technology, and he came as a savior.
"Mr. Wang, I think at this time, only Goldman Sachs is willing to save our friends. We have provided you with the best conditions."
Wang Anran took the paper handed over by Clark, and it was clearly written in black and white. Qualcomm was willing to acquire 51% of Huaxin Technology's shares for a price of one billion US dollars.
Wang Anran snorted coldly in his heart. According to this valuation, Huaxin Technology's current valuation is only US$2 billion, which is not even enough for the valuation of US$130 and 4 billion at its peak.
This sincerity is indeed very touching.
Clark continued: "Mr. Wang, Goldman Sachs provides more than just US dollars. In fact, we can give Huaxin Technology the opportunity to make an out-of-court settlement with Intel, and we can even coordinate Huaxin Technology to obtain Intel's patent authorization..."
Wang Anran looked at Clark's performance and smiled and said, "Mr. Clark, no matter what you think, I still want to reiterate that Huaxin Technology has not infringed any patents of Intel."
Clark waved his hand and said, "Mr. Wang, this is just what you said. Obviously, your opinions do not represent everyone's ideas, nor do they represent the ideas of the federal court."
Chapter completed!