Now basically, the whole industry has entered a period of (meager profit) losses, and the blow to the panel enterprises on the island is the greatest.Dongfang Technology's life is not easy, and the company's 75th generation production line, which is brewing, has to be postponed.This also makes the capital very depressed, they don't cherish the 75th generation line project sent by Times Optoelectronics, isn't it because there is a line of Oriental Technology?
As a result, the 75th generation line of Times Optoelectronics has been built in Shencheng, while the production line of Dongfang Technology is far away.Not only that, Wang Bin also found the relevant departments in Beijing to cry poor, hoping to get financial support from the city, otherwise the company would not be able to hold on for too long.Anyway, regardless of whether Wang Bin's methods are glorious or not, Dongfang Technology finally received strong support from relevant departments, and it seems that there is no problem in surviving this round of recession."
Xiao Dong, Times Optoelectronics has provided a strong boost to our development.But the current price is like this, I can't control the market, I can only support them from other aspects. ”Yang Xuecheng told Xiao Bai that he has recently increased the procurement of panels, and some products are used to suppress inventory, just to make the capital turnover of Times Optoelectronics smoother.The downward pressure on prices has increased, and various end customers have reduced their orders.Because everyone is waiting for the price reduction, this also leads to the lack of operation of panel manufacturers and the problem of capital turnover.Yang Xuecheng did the opposite, increasing the number of orders during this time.At the same time, those alliance color TV companies, although not as atmospheric as Yang Xuecheng, have also increased some procurement efforts.This makes Times Optoelectronics still in full production, and the company will work management and cost control, and there will be a little profit so far."
Mr.
Yang, you are really an understanding person.Kangjia Electronics and Times Optoelectronics are symbiotic relationships, and if there are difficulties, they should help each other. ”Xiao Bai smiled at Yang Xuecheng and fully affirmed his overall view.In the short term, Kangjia Electronics may have a little loss, but in the long run, it will have greater gains.If Times Optoelectronics loses in this round of recession, Kangjia Electronics' LCD TV will be stuck in the neck with a panel.At that time, the enterprise is not a question of how much profit, but life and death are in the hands of others.Therefore, Yang Xuecheng is a person who understands, including several other color TV manufacturers and allies!"
Dong Xiao, it's almost time to get off work, why don't you go to dinner together in the evening?"
When I came out of the factory, it was more than five o'clock in the afternoon.Raised his wrist and looked at his watch, and then sent an invitation to Xiao Bai."
Forget it, let's go back to our respective homes in the evening."
Xiao Bai smiled and waved his hand, not promising Yang Xuecheng."
Okay then, let's make an appointment in two days."
Yang Xuecheng doesn't matter, anyway, he often plays together with Xiao Bai and Li Longbin, and they have a lot of time to eat together."
Brother Xiao, are you going to see Xiuxiu on New Year's Day?
I actually want to go and see her, but Uncle Tian and they are all over there, and I'm afraid they will be unhappy if I go. ”After dinner, Xiao Bai and Liu Xiaoling went for a walk outside.The little guy didn't come out today, he was playing with the newly bought toys, and he didn't want to let go at all."
Not really!
Let's go on vacation to New Zealand on New Year's Day.If you don't want to stay in the manor, we can stay in a hotel.Or let's buy another property, it's not a big deal. ”Xiao Bai smiled and shook his head, feeling that Liu Xiaoling's worries were unnecessary.But now there is still a period of time before New Year's Day, and the two stopped casually.Back home, Xiao Bai took Chenchen to the pool to play for a while.The little guy is now slowly familiar with the water, and he can also plop in the pool for a while with Xiao Bai."
Brother Xiao, Xiaozhou is here."
Xiao Bai took Chenchen back upstairs, took a shower and changed his clothes, and Liu Xiaoling told him that Jiang Xiaozhou was here and was waiting for him in the living room."
He's coming?
I'll go down now. ”Xiao Bai nodded, then went downstairs, and then saw Jiang Xiaozhou sitting on the sofa watching TV boringly."
Xiao Dong" "Xiaozhou, sit down." ”When Jiang Xiaozhou saw Xiao Bai, he immediately stood up.Xiao Bai waved his hand, signaling that the other party did not have to be polite, and then walked over and sat down."
Xiao Dong, I haven't seen Chenchen and Xiaoling for a long time, so I took the time to come over today to have a look, and there is nothing else."
Jiang Xiaozhou sat down again and said with a smile."
I'm also busy this year, so I don't care much about your side of things.How are you doing?
I look at the report, and the performance of Julong Electric is still good. ”Xiao Bai nodded, and just as Liu Xiaoling walked down from the upstairs with Chenchen, he stopped talking.Liu Xiaoling brought the child down to say hello to Jiang Xiaozhou, after all, people came over and bought a lot of toys.But she sat for a while, and then took Chenchen upstairs, and it was time for the little one to sleep.Subsequently, Xiao Bai and Jiang Xiaozhou chatted for a while, Jiang Xiaozhou did not sit longer, and stayed for more than half an hour before getting up to say goodbye.The next day.Xiao Bai came to the office in the morning and specially asked Yang Yan to find out all the recent reports of Julong Electric, and he sat on the chair and read them very carefully.There is still one month left in this year, and the operating data of Julong Electric (Holdings) Group has been basically finalized.According to estimates, the company's revenue this year will exceed 120 billion yuan for the first time, and the net profit will be about 4.2 billion yuan."
I said that Xiaozhou suddenly remembered to come to the house yesterday, it turned out that Julong Electric had a big victory this year."
Xiao Bai knew that the performance of Julong Electric Appliance (Holdings) Group was good, but he did not expect that its revenue could exceed 120 billion yuan.The company's operating conditions showed a trend of low and then high throughout the year, especially the performance growth in the past two months.Speaking of which, Xiao Bai has paid little attention to Julong Electric for a long time.This year, he has too many things on his hands, and the major affairs of Julong Electric have been handed over to the decision-making committee."
Xiao Yang, go and ask, is Mr.
Zhang of Julong Electric in Shencheng?
If the other party is here, I will take the time to go to their side in the next two days. ”The headquarters of Julong Electric is in Shencheng, but Zhang Weizhong, as the general manager of the company, does not necessarily stay in the headquarters, and the other party often runs around the country.Xiao Bai planned to go to Julong Electric to inspect, and it was best to encourage Jiang Xiaozhou and Zhang Weizhong in person when they were there."
Okay, I'll call right away and ask."
Yang Yan immediately went out to call, and then came back to tell Xiao Bai that Jiang Xiaozhou and Zhang Weizhong were currently at the headquarters of Julong Electric."
Well, then inform them that I'll go to Julong Electric tomorrow morning."
Xiao Bai nodded, asked Yang Yan to inform Jiang Xiaozhou and the others, and he started his day's work.Following.According to the itinerary, Xiao Bai went to the headquarters of Julong Electric to inspect, and also looked at several stores in Shencheng.At present, the sales of household appliances in the domestic market are still very hot, and household appliances have reached the peak of a new round of upgrading.The dominant position of domestic household appliance chain enterprises is Julong Electric, and the gap between G Mei Electric, which ranks second, is still very large.For example, the revenue of G Mei Electric is only about half of that of Julong Electric, and the net profit is not much better.With the strong position of the Times Department in the field of home appliances, the net profit margin of Julong Electric is only less than 4, and it is basically difficult for other companies to compete with it."
Xiao Dong, at present, our total number of stores is close to 1,500, of which more than 1,200 are self-owned stores.So we have a big advantage in terms of cost, and this advantage will become more and more obvious. ”Zhang Weizhong is full of pride when he talks about the store with its own property rights.However, these stores with their own property rights are basically concentrated in the name of Julong Electric (Holdings) Group Company.Julong Electric Co., Ltd., a listed company, operates 600 offline stores, most of which are rented stores, many of which are rented from holding companies.This part of the commercial real estate assets, Xiao Bai will not be loaded into the listed company.He must hold it in his hand and wait until it appreciates sharply in the future."
Xiaozhou, Mr.
Zhang, you have done a good job.After the year-end appraisal, I will recommend to the Compensation Committee that you and your team be commended. ”Xiao Bai then ended today's trip, and in front of Jiang Xiaozhou and Zhang Weizhong, he fully affirmed the achievements of the two.At noon, the three of them went out for a meal together, and Xiao Bai left by car.Since its establishment, Julong Electric has not been much red, and the accumulated profits have basically been invested in the purchase or construction of stores.Later, Xiao Bai listed part of the assets of Julong Electric, and the listed company operated 600 offline stores.However, the self-owned property rights of the stores have not been transferred, and many stores of listed companies have to be leased from Julong Electric (Holdings) Group.In fact, this part of the commercial real estate controlled by Julong Electric Appliance (Holdings) Group Company has so far appreciated significantly.According to the book valuation, the total asset value of these more than 1,200 stores exceeds 15 billion yuan.In a few years, I am afraid that the total value will exceed 30 billion or more.In the next period of time, the price of LCD panels will continue to fall.At this time, not to mention Times Optoelectronics, even S Star and LG have all fallen into losses.The only difference between everyone is the question of how much is lost."
Dong Xiao, this is the latest compilation of business information, which Director Han just sent."
That morning, Xiao Bai sat in the office to handle official business.Yang Yan knocked on the door and walked in, placing a document with a high level of confidentiality on his desk."
Wei Guo is coming?
Why didn't he come in?
”Xiao Bai said to himself, and then opened the file bag.Director Han that Yang Yan said is actually Han Weiguo.Han Weiguo is nominally the director of the company's security department, and he also takes care of the business intelligence room.Collecting business intelligence is a very delicate job, and sometimes it also requires field work, and a group of technicians alone cannot do it.