"Huh?
The panel companies on the island can't hold on?
The eldest and third of the five tiger generals are secretly contacting and preparing to merge?
”The information sent by Han Weiguo today surprised Xiao Bai very much, the panel companies on the island are not weak, after the merger of the boss and the third, the scale will exceed that of Times Optoelectronics, and even approach S Star.This is very exciting news, Xiao Bai immediately asked Yang Yan to issue a notice of the meeting, informing the entire decision-making committee, as well as Shang Liancheng and others, to hold a meeting in the headquarters building in the afternoon.If they are in other places, they will be briefed on the relevant situation of the meeting after the meeting."
The eldest and third of the Five Tigers are merged, and what they are pursuing is first and foremost economies of scale.It can be seen that this recession cycle is very lethal, and it can't be sustained. ”Xu Changqing, as the de facto No. 2 person in the Department of the Times, first expounded his own views.He believes that this matter should be taken seriously and should not be taken lightly.After hearing this, Wang Chuanfu said disapplausively: "What about just having a scale?
Do they have a production line with more than 6 generations?
Not really.In the final analysis, the LCD panel industry is fighting for investment and technology, and it is not enough to rely on large scale alone. ”The opinions of the two are not contradictory, they talked about the impact of this matter on the industry from different aspects.Then everyone spoke one after another, suggesting that Xiao Bai increase his support for Times Optoelectronics."
Mr.
Shang, you've heard so much, tell me what you think."
Xiao Bai waited for everyone to finish speaking, and glanced at Shang Liancheng.Shang Lian himself was only qualified to attend the meeting, so Xiao Bai named him."
Xiao Dong, everyone.I don't think this is to be taken lightly.Although they do not have a high-generation production line of more than 6 generations, their competitiveness in small and medium-sized products has been greatly improved.Fortunately, our Rongcheng 7.5 generation production line has been put into production, and Shencheng's 7.5 generation line has also entered construction.At this stage, in addition to hard resistance, we are speeding up the construction of new production lines and striving for early completion and expansion of production capacity. ”Fortunately, Times Optoelectronics issued 10 billion yuan of convertible bonds before, and Lin Jiadong and others have already converted the bonds into shares, so there is no need to consider the cost of funds.According to the current situation, Times Optoelectronics can only hold on for two years at most, otherwise it will have to rely on external blood transfusion to operate normally.At this time, You Sen interjected: "The other thing is to seize the time to apply for listing, the preliminary work on my side is going very smoothly, and the relevant departments attach great importance to the listing application of Times Optoelectronics, which is basically a green light all the way."
It is estimated that by the first half of next year, the company will be successfully listed. ”"Everyone's speeches are very good, and the summary is to strengthen management, reduce costs, and strive for listing and financing......
Wait a minute.Here I also want to emphasize that we can not wait passively in the weak cycle, but take the initiative, just as we launched the production of the 7.5 generation line project this time, we must do a good job in counter-cyclical investment, even if it is to smash the pot and sell iron, we must face the difficulties. ”Xiao Bai finally made a concluding speech, asking the management of Shang Liancheng and Times Optoelectronics to put down their burdens, be proactive, and learn to make good use of the magic weapon of "countercyclical investment".Of course, countercyclical investing isn't for everyone.If the panel companies on the island have this ability, they will not be the boss and the third one ready to merge.Times Optoelectronics is backed by the Times Department, with the support of upstream equipment companies and the support of downstream terminal product companies.The most important thing is that with Xiao Bai's abundant funds as the backing, if you don't work hard, wouldn't Shang Liancheng be sorry for himself?"
Xiao Dong, everyone, please rest assured!
I won't let you down. ”Shang Lian has established a military order, and he must make great gains in this round of recession.His goal is the panel companies on the island, at least to take advantage of this opportunity to defeat two or three of the "Five Tiger Generals".After the meeting.Everyone else left, and Shang Liancheng followed Xiao Bai to his office."
Xiao Dong, in this situation, our price alliance with Oriental Technology has lost its meaning.Let's fight for consumption without any scruples, what do you say?
”It turned out that Shang Liancheng was still thinking about it."
Well, you can do whatever you want.Dongfang Technology's Wang Dong is not a fuel-efficient lamp, I believe he will have the last laugh. ”Xiao Bai didn't say much, Dongfang Technology has a state-owned background, and has strong support from the capital, and they are still listed companies, so their affordability is not ordinarily strong!"
Xiao Dong, if you say that, I have the bottom in my heart!"
Shang Liancheng immediately resigned and left, he now has to grasp the construction of new projects, but also have to worry about production and operation matters, and he is busy all day long.At the request of Shang Liancheng, the 7.5 generation line in Rongcheng began to increase efforts to release production capacity, and reached full production by the end of the year.At the same time, the boss and the third of the "five tiger generals" of the island panel enterprises are also actively preparing for the merger.They are doing the opposite, and have been cutting production constantly.Because the more you produce, the more you lose, and the reduction of production is equivalent to reducing the loss.Not long after, the Rongcheng 7.5 generation line, the H Feishi 6 generation line and the Shencheng 4.5 generation line all reached their maximum production capacity.Shang Liancheng and others strengthened cost control, coupled with the company's consistent excellent yield rate, Times Optoelectronics finally held the profit and loss line.It is impossible to make money, but it is not possible to lose anything.Among them, many domestic color TV companies, including Kangjia Electronics, have helped a lot.These companies have more or less begun to reduce inventory, which not only ensures the sales of optoelectronic products in the times, but also ensures the relative stability of prices.S star and LG have their own downstream support, S star has its own display, color TV, mobile phone and other businesses, LG is similar.Because of the incomplete industrial chain, Hu Lai, who had lost his character in the domestic market before, could only rely on mergers and production reductions to survive.Countercyclical investing?
It doesn't exist at all, so it's good to be able to live.Xiao Bai has been paying attention to the situation of the panel industry, and in the last few days left at the end of the year, the two panel companies on the island finally announced their merger."
Xiaoling, let's go to Xiangjiang tomorrow first.Stay there for two days, then go to New Zealand for New Year's Day. ”Xiao Bai was busy and took time to take Liu Xiaoling and Chenchen to New Zealand for a vacation, and just happened to visit Tian Chunxiu."
Brother Xiao, let's stay for a few days and come back."
Liu Xiaoling proposed to go on vacation to New Zealand, but she had a lot of work during this time, and there were several investment projects that were being negotiated intensively.Among them, Liu Xiaoling is working with Chenfeng Capital to prepare to participate in Julong Mall, and after completing this round of financing, Liu Xiaoling and Jiang Youwei plan to push Julong Mall to be listed in the United States."
Okay, there's a lot going on my side, let's stay for a week at most and then come back."
Xiao Bai is not at ease with Times Optoelectronics, he is ready to transfuse blood to the other party at any time.Besides, when the Spring Festival comes, he will go to New Zealand.So, Xiao Bai, Liu Xiaoling, and Xiao Chenchen went to New Zealand for a few days together.After New Year's Day, the group hurriedly returned to Shencheng.The past year, of course, has been a bumper harvest and a fruitful year for the entire era.Whether it is an electrical appliance holding company, AUO Microelectronics, several IC manufacturing companies, AUO Technology, etc., they have achieved very eye-catching results.Due to the huge investment in automobiles and batteries, BOD Group's performance is not so beautiful, but it is estimated that it also has a net profit of more than one billion.This does not take into account BOD electronics, BOD electronics alone out of the performance is still very good, this company's net profit has even exceeded the BOD car and BOD battery technology combined.The most stable performance is Times Communications, but this does not calculate the income of the land of the component factory.The fastest growing companies are Sihai Electronics and Wanwei Technology, which have made great strides in the mobile phone business and have begun to pose a huge threat to the domestic business of the international mobile phone giants.In Xiao Bai's words, these two inconspicuous companies will become gravediggers of international giants in the future.Others, such as Times Network, Julong Electric, Julong Logistics, Julong Mall, Times International Real Estate, etc., have performed remarkably.Only Times Optoelectronics has become a negative example."
Xiao Dong, I'm sorry, we're dragging our feet."
Shang Liancheng expects that in the new year, the recession cycle of LCD panels will not end.Times Optoelectronics has a high probability of a certain degree of loss throughout the year, although the amount will not be very large, but it will be very eye-catching in the era system."
Mr.
Shang, don't think so much, whether you lose money or not does not represent your work performance.I have only one request for you, and that is to survive and defeat your opponents!
”Xiao Bai deliberately pulled Shang Liancheng into the small reception room and had a good talk with the other party.The Times Department is a whole, and it does not require every company under it to be profitable.When it comes to profitability, the profitability of Times IC Manufacturing Company and Times Optoelectronics is not strong, and it is even far less than Times International Real Estate.But can Xiao Bai put all his money into commercial real estate?
Apparently not.Without IC manufacturing capabilities and LCD panels, how can the Times Department form a closed-loop development?
In the final analysis, AUO Microelectronics, AUO Technology, Times IC Manufacturing Co., Ltd., and Times Optoelectronics are the core of the Times system.All other industries are laid out around this core, which is not measured by the amount of profit.When Shang Liancheng left Xiao Bai's office, he held his breath, he didn't believe that he hadn't turned over the day.Midday.Xiao Bai went to the staff restaurant to eat, and a group of ordinary employees gathered around, everyone chatted while eating, and the atmosphere was quite good.Wang Chuanfu was also eating here today, but he didn't bother Xiao Bai, but sat on the other side from a distance.When Xiao Bai got up to leave after eating, he chased after him from behind.