"Everything is fine in the company, nothing is too big.However, the number of orders for BOD batteries has skyrocketed recently, and fortunately I have expanded my production capacity before, otherwise I would have been worried to death. ”Wang Chuanfu said so, but the expression on his face betrayed his heart.Xiao Bai glanced at him sideways, knowing the purpose of this guy's coming today, nothing else, just Chiguoguo's show-off!"
The overall economic situation this year is not very good, why will orders skyrocket?"
Xiao Bai felt that he should talk about martial arts, so he still asked very cooperatively."
Just because the current economic situation is not very good, those multinational companies that didn't care much about costs have now learned the ability to break a penny in half and spend it.When it comes to technology, I wouldn't dare to say that it is better than Japanese companies such as Sanyo.But when it comes to cost-effectiveness, we can still get rid of each other several streets. ”Wang Chuanfu laughed and carefully explained the reason.In the past, when multinational companies chose suppliers, the first thing was balance, and they generally did not give the focus of orders to any one company to monopolize.But now that the economic situation is not good, the first thing they have to consider is cost, and they will choose from the perspective of cost performance.In this way, the advantages of BOD batteries have been fully exerted, and in terms of nickel-cadmium batteries, they have now accounted for 40% of the global market share."
Very good!
Mr.
Wang, the next step is to increase the research and development of lithium batteries while maintaining the market share of nickel-cadmium batteries.In the future, the application of lithium batteries will become more and more extensive. ”Xiao Baixin said that he didn't know who opened the hanging, and his luck didn't seem to be as strong as Wang Chuanfu.Wang Chuanfu has had a smooth journey since he went to the sea, and he rarely seems to encounter difficulties here, could it be that the real protagonist is the one who is the real protagonist?"
I think so too, but our previous development speed is too fast, and the production capacity continues to expand, and the capital will be relatively tight for the time being."
BOD's investment in R&D is second only to AUO Microelectronics, and it is stronger than Times Communications.In particular, it is normal for BOD batteries to continuously expand production capacity, and funds are tight."
The problem of funds is easy to handle, either take a loan from the bank or increase capital and shares, you choose one, I can satisfy you."
Xiao Bai is now holding a huge amount of cash in his hand, and his waist is hard when he speaks."
For the time being, there is no need to increase capital and shares, and my cash flow will be abundant for half a year at most, or should I borrow some money from the bank first?"
Wang Chuanfu is not thinking about his own shares, he is telling the truth.When the additional orders are completed, the company will not have any problems with cash flow."
Okay, you can do it, I agree."
Xiao Bai doesn't care, his focus is not on the BOD company at present.After talking about this matter, Wang Chuanfu quickly said goodbye and left.Xiao Bai and Li Longbin played in the club for an afternoon, and had dinner together in the evening before going back to their respective homes.Following.Xiao Bai convened a meeting with Xu Changqing and others to discuss the matter of continuing to expand and strengthen the packaging and testing business."
Chairman Xiao, you also know very well that the company's stock price is very sluggish at present, and the price in the past two days has been around HK$10 per share.Therefore, it is not possible for the company to raise funds in the securities market for the time being.We've invested a lot of money in IC manufacturing, and we haven't been able to recover until now. ”Xu Changqing said that there is one meaning, that is, the company has no money!
Since the beginning of this year, the market demand has not been strong, coupled with the fact that international giants have taken advantage of the fire to rob and significantly reduce the price of products, AUO Microelectronics has not had a good time.At present, the most profitable company under the company is AUO Technology Co., Ltd., that is, the packaging and testing business.However, it is difficult for him to give AUO financial support."
Let's spin off AUO and make a new round of financing.If possible, we will strive for a domestic listing. ”In fact, listing or not is not the first priority, the key now is to inject capital into AUO Technology and complete a new round of capital increase and share expansion."
Oh?
If Xiao Dong is willing to support, I can't ask for it.Well, I take the liberty of asking, how much money are you going to come up with?
”AUO Microelectronics and its subsidiaries have long amended their articles of association to include founder protection clauses.Therefore, Xu Changqing is not afraid of diluting the shares at all, but desperately wants financing."
Let's take 10 billion yuan first, what do you think?"
Xiao Bai didn't want to come up with too much money considering the future listing.At present, 10 billion yuan is enough, and you can also list on the A-share market or the Hong Kong Stock Exchange for financing."
Okay, I'm fine."
Xu Changqing nodded in agreement, and the matter was decided at the meeting.Back in the office, Xiao Bai made a call to Jiang Youwei: "Mr.
Jiang, you come back, I plan to mobilize some funds from Yingsheng Investment to Shencheng, and you will be responsible for the operation of this matter." ”Subsequently, Jiang Youwei came from Xiangjiang and began to talk to Juwenson about Xiangjiang Yingsheng's investment in Times Technology Group.Xiao Bai had this idea before, but it was not implemented for a long time.Now that you have plenty of money, it's time for a new round of investment.Shencheng Times Technology Group and Xiangjiang Yingsheng Investment are both wholly-owned companies of Xiao Bai, and there is nothing to talk about on the issue of principle.According to the agreement, Heung Kong Yingsheng Investment will invest HK$15 billion in Times Technology Group and acquire 10 shares of Times Technology Group at the same time."
Dong Xiao, then I'll call the funds when I go back."
Anyway, it's a left-handed game with a right-handed hand, and it's easy for everyone to deal with.After Jiang Youwei returned to Xiangjiang, he quickly transferred the investment of 15 billion Hong Kong dollars.For the time being, Xiao Bai does not need foreign exchange, and all the investment funds have been converted into RMB.At the current exchange rate, 100 Hong Kong dollars can be exchanged for 106 yuan.Times Technology Group has an additional 15.9 billion yuan of funds on its account, and a little balance is 1.597 billion yuan."
Mr.
You, I currently plan to increase the capital of AUO Technology, and the specific amount is 10 billion yuan.Go back and talk to Mr.
Xu, I won't come forward. ”In fact, everyone has an account in their hearts, and Juwenson's negotiation is also a formality, otherwise the procedure will not be compliant.As a result of the final negotiations, Times Technology Group invested 10 billion yuan to acquire 42 shares of AUO Technology Co., Ltd. and became the largest shareholder.AUO Microelectronics holds a stake in the company's 3915 and is the second largest shareholder.Yingsheng International (Penang) Technology Sdn Bhd, holding 1305 shares of the company, is the third largest shareholder.The Employee Stock Ownership Association (internal employee shares) holds 580 shares of the company and is the fourth largest shareholder.Then AUO Microelectronics Group Co., Ltd. held a board meeting and approved the capital increase and share expansion plan of Times Technology.Subsequently, AUO Technology Co., Ltd. completed the shareholding transformation and changed its name to AUO Technology Co., Ltd."
Mr.
You, AUO is going to prepare for listing next.We will first consider listing on the domestic A-share market, and if that is not possible, we will consider listing in Heungjiang. ”Xiao Bai plans to list AUO Technology and continue to consolidate the company's position as the leader in the domestic packaging and testing industry.There is a reason why he does not plan to go to Xiangjiang to list this time, the current valuation in Xiangjiang is relatively low, but the valuation of the domestic market is relatively high.But it is more troublesome to list in China, so Xiao Bai is ready for both."
Okay, I'll do my best.Mr.
Xiao, AUO's performance has always been very good, and there is no problem with all indicators, so I think it should be able to be successfully listed in China. ”Juvinson was quite confident, and then began to prepare the materials for the listing application, as well as to clear the company's claims and debts.Xiao Bai transferred Luo Yonglin back from Penang, Malaysia, to become the general manager of AUO Technology Co., Ltd.Yan Yongjun, the former general manager of AUO, was transferred to Yingsheng International (Penang) Technology Co., Ltd. as the general manager."
Lao Luo, the development of AUO Technology in the past two years is very critical, so let you come back to take charge.The Penang company has straightened things out, and Mr.
Yan should be able to control the situation. ”Xiao Bai estimated that it would take a year or two for AUO Technology to go public, so it would be critical from this year to next year, so he decided to transfer Luo Yonglin back."
Dong Xiao, don't worry, AUO has developed very well in recent years, and its technical level is already comparable to that of Penang Company.Luo Yonglin smiled, looking full of confidence.Although he is still lacking in the overall situation, he is still comfortable in running and managing a packaging company."
Okay, Lao Luo, I won't say anything with you.You and Mr.
Yan will go to Penang immediately for the handover, and then come back quickly. ”Xiao Bai didn't say much, this matter itself was just a normal personnel transfer.Weekend.When he came to Xiangjiang, Jiang Youwei had the opportunity to complain to him."
Dong Xiao, in fact, I didn't understand that you paid 10 billion yuan to get the equity of AUO Technology 42, I think it's not cost-effective."
Jiang Youwei felt that the premium of AUO's capital increase and share expansion this time was a bit high.But Xiao Bai didn't discuss it with him when he made the decision before, and he could only say a few words afterwards, anyway, he knew that Xiao Bai would not be angry about it."
It's not a loss, is it?
After AUO Microelectronics went public, it invested HK$1.5 billion in AUO Technology, and coupled with the development in the following years, this valuation is not high at all. ”Xiao Bai has been carefully calculated, and this price is a fair price.He actually knew why Jiang Youwei had an opinion, because only from the perspective of the rate of return on funds, the 15 billion Hong Kong dollars transferred away had a much greater chance of being placed in Xiangjiang.The yield will also be much higher.Xiao Bai's thoughts are different from him, after the circle of Thai baht, yen, Hong Kong stocks, and Hang Seng Index futures, financial investment should be closed.His concept is the integration of industry and finance, finance is to serve the real economy, and it makes no sense for funds to always idle in the market.When Jiang Youwei saw the boss say this, he stopped squeaking, but he still didn't agree with Xiao Bai's approach in his heart.