As Xiao Bai is concerned, the big policy has been determined, and all enterprises have coping strategies.He has only one purpose in this round of inspections, and that is to help his companies solve practical problems."
Nope!
We have a lot of cash flow and no problems with product sales, so I think the company will be able to survive the crisis in the past two years. ”Qi Yuefeng replied very simply, although Times Communication is relatively low-key within the Times Department, its development speed is not the fastest.However, the enterprise is making steady progress, and the quality of development is very high."
That's good!
I hope that the company will achieve better results under your leadership. ”Xiao Bai then gave Qi Yuefeng a few suggestions, and ended today's trip.This round of global financial crisis has had a much greater impact on export-oriented enterprises.For enterprises based on domestic sales, the impact is relatively small.The companies under the Times Department are not export-oriented, but at most mixed, so the impact is basically controllable.Xiao Bai's companies can persevere, but many companies have begun to encounter a cold winter."
Xiao Dong, this is the latest compilation of business information.There is a big event in this issue, an LCD panel company on the island declared bankruptcy. ”As the Olympics draw closer, so does the global economic turmoil.The LCD panel industry, which has been hit by the double blow of the weak cycle and the financial crisis, has once again ushered in a reshuffle.This time it is still the panel companies on the island that are out, and the companies known as the five tiger generals are now two left.The only two remaining panel companies on the island have announced that they have given up their investment in high-generation production lines and are holding on to the old production lines.Therefore, Shang Liancheng came to Xiao Bai with the latest issue of the business compilation, and he couldn't hide the smile in his eyes."
Mr.
Shang, you sit down first, and I'll take a look at this thing."
Xiao Bai smiled and said hello to the other party, and then began to flip through the compilation of business information in this issue.The above data is very detailed, and he found that the panel company on the island, even if it does not encounter the superposition of double crises, the other party will not be able to survive this weak cycle."
Xiao Dong, the panel companies on the island can be said to be completely out.The future is the competition between the domestic LCD panel industry and Japanese and South Korean enterprises.My idea is that the next step is to adjust our strategy and focus on Japanese companies such as SHARP.According to my guess, S Star and LG are probably also planning to do the same. ”The panel companies on the island have been completely out, and it is impossible to have any chance of turning around in the future, regardless of whether they live or die in the future.Then the international LCD panel companies are mainly divided into three camps, one is the domestic enterprise camp represented by Times Optoelectronics and Oriental Technology, the South Korean enterprise camp represented by S Star, and finally the Japanese-funded enterprise camp represented by SHARP.Japanese-funded companies once stood alone in LCD TV display technology, but they were later suppressed by the United States and basically transferred their production and technology abroad.For example, the panel companies on the island are supported by RB.Now the situation in the industry is that S Star, LG and Times Optoelectronics are one step ahead, followed by Japanese-funded companies and Dongfang Technology.Therefore, in the next competition, Times Optoelectronics will mainly target Japanese-funded companies such as SHARP.After all, it is the most cost-effective to pick soft persimmons and pinch them.Shang Liancheng analyzed that South Korean companies such as S Star may also be the same.As for Dongfang Technology, backed by the domestic market and state-owned assets, and has a certain degree of alliance with Times Optoelectronics, no one will deliberately deal with it for the time being."
Mr.
Shang, I agree with you.Next, we still have to work hard to improve the level of technology and technology.No matter how hard it is for the time being, you can't save on research and development. ”Xiao Bai was in a good mood, and he didn't let Shang Liancheng leave later.At noon, he went out for a meal with the other party and drank two glasses of red wine.The complete collapse of the panel enterprises on the island is definitely good news for domestic enterprises.Especially in the current economic situation, every one less person who shares the cake has one more chance of survival."
Dong Xiao, Director Qu from the city called and asked if you were free in the afternoon?
He said he wanted to visit you at the headquarters campus. ”Xiao Bai monk Liancheng had eaten, and as soon as he walked downstairs, Yang Yan told Xiao Bai a piece of news."
Haha, it seems that the news in the city is also quite well-informed.Mr.
Shang, just don't go, let's go and meet Director Qu for a while. ”Xiao Bai knows very well what Director Qu is looking for himself, isn't it just for the planned construction of the 8.5 generation TFT-LCD production line?
Director Qu replaced the outgoing Wu Qingyuan, and the relationship with Xiao Bai was not bad.Subsequently, Xiao Bai called Director Qu and told the other party that he would go to the city in the afternoon and ask the other party to wait in the office.In fact, this 8.5 generation production line has been preliminarily decided to be built in Shencheng.However, this matter has not yet reached a consensus with the city, so Xiao Bai naturally wants to hold on to it.After the adjustment of the industrial structure, Shencheng is very eager for investment in high-tech industries.Industries such as integrated circuits and liquid crystal display devices are exactly what the city dreams of.Therefore, after meeting Director Qu in the afternoon, the other party was not verbose, and directly offered very generous conditions: "Dong Xiao, I have heard of your rules.This time, the city is determined to come up with 9.5 billion yuan to support your project, and there are also preferential policies, which is to hope that you can put this 8.5 generation production line in Shencheng. ”"Well said, well said!
Director Qu, Times Optoelectronics is an enterprise that has gone out from Shencheng, and its heart should be oriented to the local area.In this way, we will set up a project negotiation team on Mr.
Shang's side, and we will start negotiations on this project as soon as possible. ”Since the city is very sincere, Xiao Bai no longer holds a shelf and promises to start substantive negotiations."
Xiao Dong is happy!
Then this matter is settled, and I will prepare it here. ”Director Qu is very happy that the investment in this project is huge, and it has an obvious effect on the local economy.Now the whole global economy is not doing well, and the city also needs a stimulus of investment.Xiao Bai smiled and nodded, and then said goodbye and left.Shang Liancheng quickly came up with a construction plan for the draft, the 8.5 generation TFT-LCD production line, plus a 4.5 generation OLED technology verification line, with a total investment of 25.5 billion yuan and a construction period of 14 months."
Xiao Dong, compared with our first 8.5 generation line, there is currently a certain degree of price reduction in equipment and other aspects.Therefore, even with the addition of a 4.5 generation OLED line, the total investment has not increased much. ”Shang Liancheng personally sent Xiao Bai a plan and made some explanations.According to him, it is now cost-effective to build a new production line.The prices of equipment and materials are reduced to varying degrees, and the construction costs can be saved a lot.This plan has been repeatedly revised and demonstrated.Therefore, after reading it, Xiao Bai signed and approved the project.The negotiations between Times Optoelectronics and the city also ended.The total investment of the 8.5 generation line and 4.5 generation OLED line project in Shenzhen City is 25.5 billion yuan, of which Times Optoelectronics (Holdings) Co., Ltd. invested 16 billion yuan and Shenzhen Capital invested 9.5 billion yuan.Times Optoelectronics (Holdings) Co., Ltd. accounted for 82% of the shares, and Shenzhen Capital Group accounted for 18%.The construction of the project soon kicked off and became the first major project of counter-cyclical investment in the entire LCD panel industry.The only two remaining panel companies on the island, after hearing the news, they were all kinds of envy, jealousy and hatred, but they were helpless.They can only survive now, let alone countercyclical investment, and it is uncertain whether they can survive these two years.S Star and LG soon followed, S Star is also preparing to build its first 8.5 generation line, and LG is planning to build an 8 generation line in Yangcheng.Not far behind, Dongfang Technology has opened negotiations with the star city located on the prairie, which is said to be intending to give Dongfang Technology 1 billion tons of coal prospecting rights as a condition for attracting the company's 7.5 generation line project.The Japanese company had no ability to disrupt the situation, so SHARP decided to build a joint venture in Jinling and provide technical support for the 7.5 generation line.The new project of Times Optoelectronics has stirred up thousands of waves with one stone, stirring up the LCD panel industry that is in the downward channel.It is said that counter-cyclical investment will be made, but only the two giants of Times Optoelectronics and S Star have really been implemented.Times Optoelectronics (Holdings) Co., Ltd. has 26.5 billion yuan of idle funds in its account, and after investing 16 billion yuan, it transferred 100 million yuan to the daily payment account, and 10.4 billion yuan.Shang Liancheng said there was no pressure."
Mr.
Shang, I believe in you, come on."
Xiao Bai didn't say anything more, Shang Liancheng and his team had fully matured, and they were impeccable in terms of project construction and technology.With the approach of the Olympic Games, various businesses in China have started various promotional activities.For example, color TV companies such as Kangjia Electronics shouted the slogan of "Welcome the Olympics, LCD color TV dedication".In addition to the latest large-screen LCD color TV, the rest of the products have been reduced in price across the board, and a series of preferential activities have been carried out.For a time, the trend of watching "Olympics for color TV" swept across the country.This is the first time that the Olympic Games have been held on their doorstep, and it is a grand event for every Chinese person.In this case, squeeze some money out to buy a new TV, you should watch it no matter what.The guidance of businesses and the publicity of public opinion have greatly increased the sales of domestic LCD color TVs.According to incomplete statistics,At present, the share of LCD color TVs in China is increasing rapidly,It is expected to reach more than 65% before the opening ceremony of the Olympic Games。
The huge sales volume makes the domestic LCD color TV manufacturers smile.The losses in the international market have not only made up for it, but also improved the performance to varying degrees compared with previous years.In fact, there is another important reason for this, that is, the weak cycle of LCD panels, coupled with the huge production capacity of localized LCD screens, has significantly reduced the price of LCD panels compared with a few years ago.Price,It is the most fundamental reason for the popularity of LCD color TVs。
And the Olympic year is just a superficial inducement.