"You get used to it first, and when we wait for May Day, let's call Xiao Tian and go to the sea to play together for two days."
With the development of Xiao Bai's career, there are many entertainments that are essential.He thought that when he went back and ordered a yacht, in addition to socializing, he and his family and friends could occasionally go out to sea to relax.After returning to the deep city, Xiao Bai also began to get busy.For several days in a row, he was in meetings with Xu Changqing and others.The issues discussed were mainly about the use of the company's raised funds."
Mr.
Xiao, I plan to invest HK$1.5 billion in AUO to further expand and strengthen the packaging and testing business."
The plan to raise funds is to invest in AUO IC Manufacturing (Pudong) and AUO Technology.AUO is currently emerging in the field of packaging and testing in China, thanks to the common development with Malaysia Yingsheng International (Penang) Technology Co., Ltd., which is the best in China in terms of technical level and business conditions.Xu Changqing's meaning is very clear, that is, the strong will be strong and will further expand AUO's advantages in China.Xiao Bai nodded, everyone has discussed this issue for two days, and now it is completely possible to make a decision."
I don't have an opinion, you can come up with a plan later."
AUO's shareholding structure is a bit more complicated because the company also has cross-shareholding issues with Yingsheng International (Penang) Technology Company."
Dong Xiao, my opinion is to increase capital and shares.The company has invested HK$1.5 billion to at least increase its stake in AUO 20. ”At present, AUO Microelectronics holds 55 shares of AUO Technology, and then gets 20 shares, which is a total of 75 shares.Xiao Bai thought for a while and said, "I personally don't have any opinions, but I need to talk to Huang Dong about this matter, and let's discuss it later." ”"Okay, then I'll go on.I intend to invest HK$3 billion in AUO IC Manufacturing Co., Ltd. to increase AUO's shareholding to 71. ”Previously, AUO Microelectronics owned 60% of the equity of the IC manufacturing company, and Xu Changqing meant that AUO Microelectronics was in an absolute controlling position.Xiao Bai shook his head and said, "This kind of plan is easy to be criticized, or let's find a professional evaluation agency to evaluate it first, and the two plans will be talked about later." ”Now that AUO Microelectronics has been listed, the company has become a public company, and it has to be scrupulous in doing things.After listening to this, Xu Changqing felt that what Xiao Bai said was good.After the meeting, he went to a professional evaluation agency to evaluate the two capital increase and share expansion plans.The evaluation report came out quickly and concluded that there were no problems with either option.In fact, there are a lot of subjective things in the valuation thing, and Xiao Bai doesn't bother to care about it, as long as it can be said reasonably at that time.After the completion of the capital increase and share expansion of the two companies, there is still almost HK$1 billion left to raise funds.This part of the funds remained in the accounts of the group company and enriched the working capital.After a new round of capital increase and share expansion, AUO Technology has invested HK$1.5 billion, which has greatly strengthened its strength.At the same time, AUO Microelectronics, the company's largest shareholder, holds 75% of AUO's shares.Yingsheng International (Penang) Technology Co., Ltd. holds 25 shares of AUO Technology.AUO's integrated circuit manufacturing company has added an investment of HK$3 billion.Xu Changqing hurriedly asked someone to pay AUO Integrated Circuit (Pudong) Co., Ltd., and he still owed 1 billion yuan in investment money.AUO's largest shareholder is AUO Microelectronics, with a 71-share share.The second largest shareholder is Shencheng Times Technology Group Co., Ltd., with a share of 29.Xiao Bai doesn't mind diluting the equity of these two companies, anyway, he himself is the actual controller of AUO.Furthermore, as long as AUO Microelectronics can embark on the development path of self-circulation without Xiao Bai continuing to transfuse, it is better than anything else.After finishing the affairs of AUO Microelectronics, Xiao Bai was a little more idle.Early April.The year-end accounts report of Times Communications Company has just come out.In the previous year (1994), Times Communications achieved a total sales revenue of 63.3 billion yuan, of which the sales revenue of walkie-talkies was 15.6 billion yuan, and the sales revenue of cordless telephones was 47.7 billion yuan.The net profit was 10.9 billion yuan, and the revenue and profit have increased significantly."
Mr.
Xiao, we have successfully assembled the RF front-end module last year, and now we are talking with several mobile phone manufacturers about supply.My opinion, can we build a production line by ourselves?
It is not cost-effective for this kind of product to seek OEM, and people may not be willing to take orders. ”If it has its own RF front-end module, the company's cordless phones and walkie-talkies can use their own parts.Therefore, Qi Yuefeng suggested that Xiao Bai invest in this area."
One production line isn't enough, right?
If you want to produce the front-end modules of three communication products, it will be more troublesome to produce them with a common line. ”The investment in a production line is about 20 million yuan, and if you can build it yourself like BOD, you can also save a lot of costs.In total, the total investment of the three lines is about 45 million yuan.Xiao Bai felt that it was better to be in place at one time, anyway, Times Communications Company was not short of money.At the same time, when the company built the office building, it had already enclosed a large piece of land, although the location was relatively remote, but it was suitable to build a factory."
It's okay to build three lines, it's just that there isn't that much demand for the time being.Since the boss has spoken, let's build three strips!
”The construction of the three lines together will definitely save a lot of money.Qi Yuefeng thought about it again and again, and felt that Xiao Bai's suggestion was still feasible."
Then hurry up and set up the project, the construction cycle of half a year is about the same, right?"
The construction of this kind of project is relatively simple, and Xiao Bai said that half a year is a bit long."
No, it can be done in four and a half months at most!
However, it is a pity that AUO's RF front-end products have not been released for a long time, and the suppliers I contacted are all Japanese-funded companies. ”To be precise, it should be the Times Science and Technology Research Institute doing this now.Qi Yuefeng felt very sorry when he said this."
It's coming!
In fact, the image filter has been successfully developed, but it has encountered a little problem in integration, and it can only be plugged outside the chip for the time being. ”Technological progress is really not easy, although Xiao Bai has always paid attention to these things, he has never urged R&D personnel.Qi Yuefeng also felt the same way, but he felt that the current technical achievements of the institute could be commercialized, after all, mobile communication products like the current ones are very large, and the core components do not need to be too integrated.But Xiao Bai is thinking about the future, such as the 2G era, the 3G era, and so on.In fact, the era of analog mobile communications (1G) will soon pass.Qi Yuefeng wants to take orders to make RF front-end modules for simulators, and there is no problem with them, just buy them from outside.Subsequently, Xiao Bai left Times Communications.The matter of building three production lines is naturally worrying about Qi Yuefeng and others.Back at the headquarters building, Xiao Bai came to the Times Science and Technology Research Institute."
Hello Dong Xiao, welcome to inspect the work."
When Dean Zhou Siyi heard that Xiao Bai was coming, he quickly interrupted his research and came to greet him."
It's nothing serious, I'm just going to come and have a look.Dean Zhou, has our RF front-end project made progress?
”Xiao Bai shook hands with Zhou Siyi with a smile, and went straight to the point."
Xiao Dong, please come with me, I'll accompany you to take a look.The project, in general, has made great progress.For example, for PA, we have completely overcome the technical difficulties, and AUO Microelectronics is working on product design.The filters are a little more cumbersome, and we've validated three different technology paths, but there are still a few final challenges in terms of integration. ”As Zhou Siyi spoke, he and Xiao Bai came to the project team."
Xiao Dong" Xiao Bai walked into the house, and everyone stood up to greet him."
Mind your own business, leave us alone."
Xiao Bai asked everyone to continue working, and he and Zhou Siyi quietly went around in a circle.When there is something you want to ask, you also talk to the researcher in a low voice.An hour later, the two left and came to Xiao Bai's office together."
Dean Zhou, there are many new faces in the institute, and it seems that your talent introduction plan is still very successful."
Xiao Bai asked Wenqin to bring two cups of tea and sat down to talk to Zhou Siyi."
The treatment of our institute is good, although it is still difficult to attract the world's top talents, but the attraction of talents in China is still very strong."
Zhou Siyi smiled and told the truth."
That's it!
At this stage, it's better for us to be down-to-earth. ”Xiao Bai and Zhou Siyi chatted like this, and there was no theme, mainly to talk about all aspects of the work of the institute and the goals of this year.Zhou Siyi said with certainty that the problem of filter integration will be solved within this year, and then a complete set of RF front-end solutions will be launched.All these problems are solved, and the core RF chip will come into place."
Dean Zhou, let's talk about it here today, and I will ask AUO to continue to allocate R&D funds in the future.After all, the project was successful, and they were the biggest beneficiaries. ”Xiao Bai served tea to the guests, and had a further understanding of the progress of the work of the Times Science and Technology Research Institute.Weekend.Tian Chunxiu rarely had a two-day holiday, and Xiao Bai asked her to go to Xiangjiang on the phone, and everyone would get together there.Xiao Bai got off work early in the afternoon, and after passing the customs, he came directly to his residence.Tian Chunxiu was a little more troublesome and needed to come from the sea, so Xiao Bai and Liu Xiaoling waited for a long time."
Xiuxiu, let's go out to eat in the evening."
Liu Xiaoling has also been very busy recently, and there is a lot of new knowledge to learn, so she didn't go grocery shopping."
Okay, I want to see, what are we going to eat at night?"
When Tian Chunxiu was still groaning, Xiao Bai received a call from Lin Jiadong.After the two exchanged a few polite words, Xiao Bai asked, "Mr.
Lin, haven't you had dinner yet?"
I'll invite you to dinner, how about we talk while we eat?
”Lin Jiadong happened to have something to talk to Xiao Bai today, so he happily agreed.