"Lao Cui, Mr.
Tao, Times Optoelectronics' A+H share price continues to stare at a little.I'm not trying to protect the disk, if it continues to fall, I will probably consider a private placement. ”Xiao Bai's thinking was always unexpected, he changed his words and talked about refinancing.However, Cui Mingda's reaction was not slow, and he understood Xiao Bai's intention after a little thought: "Xiao Dong, now at this time, the fixed increase can be regarded as an opportunity." ”When the stock price is low, the fixed increase is naturally the target of the fixed increase.But it's also in line with the rules, and no one can say anything."
Dong Xiao, this month, we have begun to reduce our holdings of U.S. stocks in accordance with your instructions.For example, AMZN has hit a maximum of $91.75, and my side has reduced its holdings by almost half of its position, with an average transaction price of $83.06. ”Tao Mingyu immediately took over the conversation, and he introduced Xiao Bai to the recent operation.Take AMZN as an example, when the current stock price rushed above $85, it began to reduce its holdings.The stock price fell back to its high, and then continued to reduce its holdings.It was not until around $78 that the target of reducing half of the position was completed.Other U.S. stocks do the same."
What about put warrants?"
Xiao Bai nodded, and then asked."
I also did some of it, but the amount was not very large, and a total of 100 million US dollars was invested."
Cui Mingda and Tao Mingyu were obviously very cautious, and did not invest much in the put warrants, only adding 5 times the leverage.Xiao Bai didn't have any opinions, they were originally qualified to decide on this matter, and since he had delegated power, he wouldn't be too lenient."
Lao Cui, Mr.
Tao, you have to pay attention to making up for it next.We've already discussed the price range of the backfill, so I won't go into it anymore. ”Xiao Bai felt that there was nothing wrong with their operation, as long as they made up for it in time, this time the high throw and low suction would be considered perfect.The same goes for put warrants.This operation is just a small episode, and after the Olympics, the situation of the world economy has become even more severe.Domestically, export data has suffered a cliff-like decline, which has also had a serious impact on the entire economy.Xiao Bai is in Xiangjiang, but his eyes are staring at various changes at home and abroad.The first person who couldn't hold his breath was Li Longbin, who went to Xiangjiang to meet Xiao Bai: "Xiao Dong, after the Olympics, even Kangjia Electronics' revenue is declining rapidly.Now the export situation is very serious, and domestic demand is sluggish, which is really troublesome. ”"Well, after the hustle and bustle, there will be a calm.Kangjia Electronics has overdrawn its sales potential before and after the Olympics, and the decline is normal now.As for the export business, there may be a lot of uncertainty about the recovery.It depends on when the world economy recovers, especially how the domestic economy, which is the world economic leader, performs. ”Xiao Bai shook his head, in fact, Kangjia Electronics is quite good.Export-oriented enterprises, especially small and medium-sized enterprises with poor anti-risk ability, will soon fall a batch, Xiao Bai has always been in favor of relying too much on the international market, it is best to walk on two legs at home and abroad, in this way, there are changes in the outside and the domestic market can be relied on."
Xiao Dong, now there is a voice in the world that hopes that the domestic economic stimulus can be strengthened, so as to lead the world economy out of the quagmire.Do you think this is possible?
”The economic stimulus plan of the United States is QE, and its impact on the world is far-reaching.China is not immune in this regard, but whether it will follow the United States to introduce an economic stimulus plan can be described as a wise man's opinion, and there are various voices."
Chairman Li, don't worry, the economic stimulus plan you hope for will definitely be introduced, and it won't take too long."
Xiao Bai has memories of this matter, and according to the current situation, exports, as one of the troikas of the domestic economy, have been seriously damaged, and it is impossible to make no big moves.That's what he had predicted before, to respond to the release of water.However, in terms of monetary policy, it may be difficult to depreciate unilaterally, and under the pressure of the United States, there is a possibility of appreciation.However, these questions are also difficult to explain clearly, and there is no need for him to have a more in-depth discussion with Li Longbin."
With the stimulus package, everyone's life may be better."
Li Longbin decided to discuss it with Yang Xuecheng after going back, and at present, it is still necessary to actively participate in the activities of household appliances going to the countryside, and stabilize the basic market first."
Dong Li, do you still want to rush back today?
If you go back, I'll go with you, and it just so happens that I'm going to go back to the deep city in the next two days. ”Xiao Bai and Li Longbin chatted for a long time, and finally he asked."
Of course I'm going back, why don't we leave after lunch?"
The two discussed it properly, had a meal outside at noon, and then returned to the deep city together.The first thing Xiao Bai did after coming back was to inspect the construction site of the 8.5 generation TFT-LCD production line and the 4.5 generation OLED production line in Shencheng.The construction site was in full swing, and the crisis in the outside world did not have any impact on the project."
Mr.
Xiao, the whole project is progressing very smoothly.According to this trend, the entire project is sure to be completed and put into operation within 12 months. ”Shang Liancheng frowned, but he still carefully introduced the implementation of the project to Xiao Bai.At present, the times of optoelectronics are not having a good time, the reduction of downstream orders, coupled with the decline in prices, the company's revenue and profits have both declined sharply.Xiao Bai noticed Shang Liancheng's mood, and then he said, "Mr.
Shang, you should focus more on this project now."
Today's economic situation is like this, and you have to grit your teeth and get through it.After a while, the refinancing of Times Optoelectronics will be launched in due course.This time, I am going to take the form of private placement, and I will pay for the funds required for financing. ”Shang Liancheng knew as soon as he heard that this was Xiao Bai's preparation.In fact, the loss of one or two years is not terrible, what is terrible is the rupture of the capital chain.If there is an infusion of new blood, he will be able to carry it on."
Xiao Dong, I'm relieved to have your words."
Shang Liancheng was overjoyed, he was sad during this time.But Xiao Bai is not in Shencheng, he can't leave because of the project, and he doesn't even have anyone to discuss.Xiao Bai reassured Shang Liancheng, and then left the construction site."
Mr.
You, next Times Optoelectronics Co., Ltd. will carry out a new round of additional issuance.This time, I plan to take the form of a private placement, and the company should be prepared. ”Back in the office, Xiao Bai called Juwenson.He explained to the other party about the additional issuance of Times Optoelectronics, and asked Juvinson to communicate with the shareholders of Times Optoelectronics Co., Ltd. first."
Okay, Xiao Dong.I don't think the shareholders of the company will have any objections, and in this situation, being willing to take out real money is tantamount to life-saving nectar for the company. ”Juvinson is very aware of the current situation, if it weren't for the fact that Xiao Bai attaches great importance to Times Optoelectronics, he would like to suggest that Xiao Bai cancel this plan.The future of the world economy is uncertain, and the best strategy now is to hold on to cash."
Good!
Then I'll leave that to you. ”Xiao Bai smiled and nodded, and Juvinson got up and left after talking about business.In the next few days, Xiao Bai spent most of his time at the Times Science and Technology Research Institute.At present, the smart phone project is progressing rapidly, and some of the conceptual things proposed by Xiao Bai have gradually been implemented and digested and absorbed by the project team.In his previous life, Xiao Bai was not a science and engineering man.But he still has a certain level of understanding of all aspects of smart phones.The most feared thing about doing R&D is that you can't find the direction, so every suggestion of Xiao Bai is precious and gives countless inspiration to R&D personnel."
Dean Zhou, the domestic 3G license will be issued soon.Our smartphones based on 3G technology are sure to shine in the future.As far as I know, there are many companies in the world that are developing smartphones, and there are a few that have already produced results. ”In fact, Nokia and HTC have their own smartphone products at the moment, but they have failed to resonate with the market.It wasn't until the fruit company launched its first generation of "Love Crazy" that it completely attracted the attention of the public.Therefore, there is still plenty of time for the smart machine project of the Times Research Institute, and it can be completely refined until the product is developed that satisfies all aspects."
Xiao Dong, I don't know where your idea came from, but it has played a very positive role in our research and development work.Let's put it this way, we have seen the way forward, and as long as we keep doing it, we will definitely be able to make the world's best smartphone. ”Zhou Siyi said that there are still many deficiencies in the current mobile phone system.This may have a little impact on newly developed smartphones, but the impact is not very large.Based on the secondary development of the open mobile phone system, the research institute is also carrying out simultaneously.After the underlying modifications, the smoothness of the whole system has been improved."
Dean Zhou, I believe you will make the best products!
By the way, how is the project jointly developed by you and Pudong Microelectronic Equipment Co., Ltd. going?
”Xiao Bai has almost exhausted the dry goods of the early smart machines in his mind these days.So after chatting with Zhou Siyi for a while, I shifted the topic to the 90N lithography machine project."
Progress has accelerated a lot in recent months, and Fan Dong is finally willing to invest a lot of money.However, there are still a few key problems that have not been overcome, and I estimate that the success of the project will take longer, at least a year. ”Zhou Siyi stretched out a finger as he spoke."
A year?
It would be nice if it could be delivered.Alright, you're busy with your business, I'm going back to the office, and I probably won't be coming here often lately. ”Xiao Bai smiled and shook his head, he felt that Zhou Siyi might be a little too optimistic.However, whether it is a year or two years, the difference is not too big.As long as microelectronic equipment companies can maintain this aggressive attitude, there is hope for the localization of lithography equipment.Subsequently, Xiao Bai left the research institute.