After Ma Yun retired, there was not much news about him. However, some time ago, there was news from the United States that Ma Yun was sued, which once again attracted everyone's attention, that is, the US investors listed Ma Yunzeng as the object of litigation against Ali.
The incident is considered to be one of a series of measures to suppress Chinese companies, which once caused concern in the industry. In fact, similar incidents also happened to SMIC. After hard work, the United States recently officially announced the results, SMIC did a good job!
The start and result of the event
SMIC is no stranger to everyone and is currently the largest and most technologically advanced wafer manufacturing enterprise in Mainland China. In fact, since its inception, SMIC has been subject to a series of restrictions, and has been moving forward under the obstruction of the West.
SMIC was founded in Shanghai in 2000 by patriot Zhang Rujing, when the company's registered office was in the Cayman Islands, and then set up a factory in Shanghai as a foreign investor, in order to circumvent Western restrictions and be able to import equipment normally.
However, the import of related equipment from the United States was still hindered, and Zhang Rujing actively communicated through personal relations to approve it.
Later, SMIC was subject to some restrictions whenever it imported equipment, etc., and the procedures were very cumbersome. In recent years, the same has been true, and in December 2020, it was also added to the entity list by the United States, restricting the export of advanced processes of 10nm and below.
At the same time it was added to the Entity List, SMIC received a lawsuit from U.S. investors arguing that it violated the relevant provisions of the U.S. Securities Exchange Act of 1934 and also made a claim for a certain amount of financial compensation.
The incident stemmed from SMIC's delisting from the United States, but the main reason for the delisting was their unjustified restrictions and bans.
Later, they felt damaged and began to sue SMIC for financial compensation. Can this be promised? Of course not, so SMIC began to "fight back" and actively participate in the response to the lawsuit, and now finally has the result.
Recently, the US court officially announced the results and rejected all the civil lawsuits against SMIC. It was also mentioned that it was crucial that the plaintiff could not re-institute the lawsuit on the same grounds or after amending the pleadings.
In other words, after about a year and a half, SMIC won the lawsuit and ushered in a good result.
What is the significance of the SMIC incident
SMIC did not swallow its anger and finally won a good result by actively "fighting back", which is really relieved. All along, through various means, trying to crack down on the development of Chinese enterprises, SMIC finally counterattacked successfully this time.
I have to say that SMIC has done a really good job, and in the face of unfair treatment, it should bravely fight back.
But then again, the time lasted a year and a half, and it also consumed a lot of SMIC's energy. In fact, this should also be one of their strategies. Apple, as we know it, often does this in the face of lawsuits initiated by Chinese companies.
Previously, the Chinese company Shanghai Zhizhen Company sued Apple Siri in 2011 for infringing on their small robot patents. In 2004, Shanghai Zhizhen obtained the relevant specialty, when Apple denied it, and asked to rule that the patent was invalid but failed.
However, the incident did not end, and Apple began to countersuage. As a result, Apple and Shanghai Zhizhen launched a fierce patent lawsuit, which lasted for ten years, and has not yet achieved results. In this way, the US media also threatened Chinese companies to withdraw the lawsuit.
That is, delaying time in litigation and consuming the energy of Chinese enterprises to achieve the purpose of affecting the development of Chinese enterprises.
SMIC's victory this time has once again boosted the morale of Chinese enterprises and set an example for Chinese enterprises. In the future, when Faced with such lawsuits, Chinese enterprises can follow SMIC's example, face unfair treatment, and bravely fight back to fight back and fight for legitimate rights and interests.
With SMIC's victory this time, Ali and Ma Yun should also have a bottom in their hearts, and they can also actively face the lawsuit and strive to get the same good results. The incident is similar, I believe that as long as Ali works hard, there should be the same result.
There are many similar incidents against Chinese enterprises, not only SMIC and Ali, so it is said that SMIC is of great significance this time.
Although SMIC has spent about a year and a half of energy, it is worth it to achieve good results, which can give a lesson to those who want to use such incidents to target Chinese enterprises and profit from it, and reduce the number of occurrences.
This also shows that Chinese enterprises are no longer what they used to be, and they are not afraid of any suppression and sanctions, no matter how difficult the road ahead is, they will bravely move forward!