BOD Electronics' report on its intention to expand production this time has caused controversy among everyone.Xiao Bai basically didn't speak, and patiently listened to the opinions of every committee member.In the end, there were still two more votes in the voting session, and the bill was passed without danger.Now Xiao Bai rarely uses the power in his hands, he not only has a veto power in the decision-making committee, but also accounts for half of the voting power in the committee.Normally, his votes are counted on the basis of one vote, and so far he has not used his special powers.Subsequently, the company's board of directors also approved the expansion plan of BOD Electronics Industrial Park and issued an announcement.The expansion project was officially launched under the leadership of Wang Chuanfu, and the entire construction period is expected to be 8 months, and the production capacity of BOD electronics will be greatly improved after the completion of the project."
Xiao Dong, our LCD TVs have begun to go on sale, and the response from the market is not bad.I plan to actively explore the international market, and the company's production base in H Fei City will expand the production capacity of LCD TVs. ”That afternoon, Xiao Bai played golf with Li Longbin and Yang Xuecheng at the club.While playing ball, Yang Xuecheng talked to Xiao Bai about the company's situation.Kangjia Electronics is currently one of the top color TV manufacturers in China, and it is also the first domestic brand to launch LCD TVs.Last year,Kangjia Electronics's color TV sales volume has achieved the first place in China,This has a lot to do with the company's active development of new products、Actively adapt to changes in market demand。
The company's investment in R&D is also the most in the industry, coupled with the times of optoelectronics (the sixth generation production line) won the production technology of medium and large size LCD panels, the future development of Kangjia Electronics will not encounter the problem of being stuck in the neck Because of the unique development route of Kangjia Electronics, the company has basically gotten rid of the pattern of vicious price competition, and has made a double breakthrough in revenue and net profit.Indeed, now is the time to start expanding into the international market.China has joined the WTO, which has laid the foundation for the company's color TV products to enter the international market.Mr.
Yang, as long as he operates in strict accordance with the standardized process when doing export business, there should be no major problems. ”Xiao Bai stopped and motioned for Li Longbin to play first, and he and Yang Xuecheng walked aside and chatted."
Yes, it's not easy.A few years ago, domestic color TVs were basically blocked out by Europe and the United States, and now with the protection of the WTO provisions, we have a lot more confidence to do exports. ”Yang Xuecheng is also very emotional,The domestic color TV industry is bleeding in the domestic market,The price is almost pressed near the cost line,An important reason is the abuse of anti-dumping investigations by Europe and the United States。
In 1988 and 1992, Europe launched two dumping investigations against color TVs originating in China, and finally ruled to impose high anti-dumping duties.So far,Domestic color TVs have basically been blocked out of the European market。
The situation is similar on the US side, in short, whenever a certain domestic industry begins to have an advantage, developed countries will wave the "anti-dumping investigation" to hit you.This situation was not alleviated until China joined the WTO, for example, the color TV industry, which ushered in the spring of exports.Therefore, Yang Xuecheng is very strategic to take precautions and expand production capacity in advance."
Mr.
Yang, have you talked to Dong Li?"
Xiao Bai pointed at Li Longbin's playing posture, and then asked."
I talked to Dong Li, and he was very supportive of my idea."
Yang Xuecheng nodded, indicating that he had negotiated with Li Longbin."
Okay, let's go back to the company and hold a board meeting, let's go through a procedure, and you can start it quickly."
This project itself is not a major project, and it doesn't need to be discussed at the decision-making committee, Xiao Bai, Li Longbin and Yang Xuecheng can basically decide if they talk to each other.At present, the home appliance industry has ushered in a good time, with the comprehensive retreat of Japanese home appliances, domestic home appliances are greatly seizing the market.As a matter of fact, after China's accession to the WTO, there have been discussions on WTO accession for many years, and there are different opinions on the pros and cons, and it may not be until 10 years later that the fog can be cleared and the truth can be seen.There will definitely be an impact in the short term, and the dominant industries of foreign countries will enter the country in a big way, and the weak industries in China will inevitably feel very painful.However, its so-called failure to break or stand, excessive protection may not be able to bring positive results, but on the contrary, the enterprise that has fought a bloody way can be reborn.The domestic household electrical appliance industry, especially the color television industry, had little protection in the early years, and the past of being beaten by Japanese-funded enterprises is vividly in my mind, but now it has become the first beneficiary of China's accession to the WTO.At this time, Li Longbin also lost interest in playing, and came over to join the discussion between the two."
Dong Li, Mr.
Yang, it's not early, let's just go to dinner.Let's talk about it again during dinner, I have some other ideas. ”Xiao Bai looked at his watch, it was already past five o'clock, so he took Li Longbin and Yang Xuecheng and left the club and found a restaurant to eat.The three of them ate and chatted until about nine o'clock in the evening.Next, not only Kangjia Electronics, but also Kelong Electric and Swan Co., Ltd. and other enterprises will seize the opportunity of China's accession to the WTO, actively expand exports, and strive to make revenue and profits to a big level within a few years.The impact of WTO accession is far more than just the household appliance industry.Taking the Times Department as an example, the cordless telephones and walkie-talkies of Times Communication, the DVD players, CD players, power amplifiers and MP3 players of Sihai Electronics have also received a large number of export orders.In fact, not only the times, many domestic enterprises have begun to transform into foreign trade exports, and various clothing, shoes and hats, consumer electronics and so on have begun to pour into the international market.As the core enterprises of the Times Department, AUO Microelectronics, Times IC Manufacturing, AUO Technology, BOD Group and other enterprises have also ushered in a period of rapid development.This is called accumulation, and it took Xiao Bai ten years to finally create a relatively closed-loop giant enterprise cluster.Hong kong.The undercurrent of the domestic market seems to have little impact on the securities market in Hong Kong, or the impact is lagging behind.After BOD Electronics went public, it weakened all the way, not only falling below the issue price, but now the stock price has fallen to about 8 Hong Kong dollars per share.The market is generally not optimistic about this company, especially since some institutions have downgraded the rating of BOD Electronics, and the long-term target level has also been lowered to 6 Hong Kong dollars.Lin Jiadong, Zhang Yilin, Jiang Yifan and others got together again, ready to get involved in the stock of BOD Electronics."
Zhang Dong, Jiang Dong, I don't think it is possible for BOD Electronics to fall to 6 Hong Kong dollars.That is, now that there is an opportunity, we should actively buy below HK$8. ”These people have always been very optimistic about the development of BOD electronics, and they planned to operate in the secondary market after the company went public.Lin Jiadong took a puff of his cigar and gave advice on how to do it.Zhang Yilin and Jiang Yifan trusted him very much, and immediately nodded in agreement."
Then we will buy 50 million shares of BOD Electronics and hold the stock to rise.I estimate that it won't be long before there will be international speculators who will take advantage of this stock, and let's sit back and enjoy its achievements. ”The three of them agreed, and then they went into action.Lin Jiadong is in charge of the specific operation, and he will arrange a team to do this.For the sake of secrecy, the operation of this group is carried out behind closed doors.Market.Xiao Bai didn't know Lin Jiadong's plan, and it was inconvenient for him to participate in this kind of thing, so Lin Jiadong and the others also took secret measures against him.The stock price of BOD Electronics fell to this point, and Wang Chuanfu was a little uncalm, so he came to Xiao Bai to find a way."
Mr.
Wang, the company has not been listed for a long time, and it is not suitable to take any action now.If you want me to say, you should eat and drink, and it is the right thing to do a good job in the enterprise. ”Xiao Bai shook his head disappreciatively, paying too much attention to the company's stock price trend in the short term is actually not a good thing.Fluctuations in stock prices can affect future refinancing, but BOD Electronics has only recently gone public, and it is too early to talk about it."
I know, I'm just not convinced.Our company wants to have scale and performance, why is the stock price so low?
Forget it, I'll listen to you, wait and see. ”Wang Chuanfu has a little bit of a tendon in some things.However, he saw that Xiao Bai was a little impatient, so he had to endure it."
Isn't that right?
Mr.
Wang, your advantage is in the factory, in the production line, and the fluctuation of the stock price will let the professionals keep an eye on it, okay?
”Xiao Bai knew that Wang Chuanfu still had ideas in his heart, so he immediately made a phone call to Tao Mingyu of Yingsheng Investment, asking him to pay more attention to the stock price trend of BOD Electronics recently.After a while, Tao Mingyu came to Shencheng and told Xiao Bai that BOD Electronics obviously showed signs of big money involvement."
Xiao Dong, the current share price of BOD Electronics has returned to around 10 Hong Kong dollars.During this time, the stock price fluctuated very much, maintaining the movement of a large box, with the upper edge of the box near HK$10 and the lower edge near HK$7. ”Tao Mingyu took out a stack of information, which contained various technical charts and mathematical models for the future trend of the stock.Xiao Bai looked at it, and the judgment given by Tao Mingyu and others was that the stock price should reach about 25 Hong Kong dollars in the next year."
Well, Mr.
Tao, you continue to stare at the point."
Xiao Bai didn't say much, but he felt that the mathematical model established by Tao Mingyu and others was not very reliable, and at this point, Tao Mingyu was inferior to Cui Mingda.Of course, any mathematical model is only a technical means, not an accurate result.He saw a lot of problems from various charts, for example, the so-called large funds should have been opened, and the huge enlargement and shrinkage of the number of families speaks for itself.But it is very strange that after this big money intervened in BOD Electronics, it completely fell silent, without the slightest intention of raising the stock price.This is not the same as the approach of professional speculators.