"Old Yang, I think you still have this heart.You said that you make a good color TV, and by the way, how good is it to make some small household appliances?
Why plunge headfirst into an unfamiliar territory?
”Li Longbin walked over and happened to hear the conversation between the two, so he smiled and pointed at Yang Xuecheng.The relationship between him and Yang Xuecheng is not ordinary, so he speaks very directly."
I didn't say that the acquisition must be successful, isn't it okay to go and take a look?"
Yang Xuecheng smiled a little reluctantly, and the matter about the mobile phone almost became a piece of his heart.It's not been a day or two since he had this idea, but unfortunately he hasn't been able to do so.To be honest, his vision is still fine, and mobile phones, especially smartphones, will definitely have a great development.But the problem is that not every company can make money when they enter this industry, and for some, it may be a big hole."
In this way, if Mr.
Yang is interested, he will personally go and inspect it.As for the specifics, let's go back and discuss them. ”Xiao Bai saw that Yang Xuecheng was a little embarrassed, so he hurriedly gave the other party a step down.It doesn't matter if the other party goes to inspect it, anyway, the proposal to acquire the mobile phone business is unlikely to be passed by the company's board of directors.Next, a few people no longer dwell on this issue.Concentrate on playing.At about four o'clock in the afternoon, Yang Xuecheng took the first step under the pretext that the company still had something."
Xiao Dong, let's go too, let's have dinner together in the evening?"
Li Longbin and Xiao Bai stayed for an extra hour, and then left the club as well."
Okay, two drinks together in the evening."
After Xiao Bai and Li Longbin came out, they went directly to a restaurant by car."
Xiao Dong, you shouldn't leave any illusions for Lao Yang.He has been thinking about making mobile phones all these years, but in fact, he has missed the best opportunity just by talking and not practicing. ”While drinking, Li Longbin said what he really thought.He thinks that Kangjia Electronics should be deeply engaged in its main business, and it can make some small household appliances while doing a good job in color TV.As for the rest, don't think about it."
He wanted to go to Europe and get in touch with Alcatel, so he let him go.In short, he didn't have much of a chance, so he should have broadened his horizons. ”Xiao Bai smiled and waved his hand, some things can be handled more tactfully, there is no need to make the other party unable to get off the stage."
You!
Okay, let's not talk about it, just do what you say.Come, let's continue drinking, and when we're done, go home and sleep." ”Li Longbin laughed, pointed at Xiao Bai with his finger, and swallowed back the words when they came to his mouth.The essence of Yang Xuecheng's desire to make mobile phones is to broaden the company's profit channels, and diversified investment is now more popular.But Li Longbin knows very well that if the so-called diversified investment is not done well, it is a hammer in the east and a mallet in the west, and in the end nothing is done.This is the difference in philosophy between him and Yang Xuecheng."
Yes, yes, drink!"
Xiao Bai knew it, so he didn't break it in person, and continued to drink with Li Longbin.The current situation is that although Yang Xuecheng has ideas, it has not affected the normal operation of the company.For such a veteran, on the premise of not violating the principles, there is no need to take some things too seriously.At the very least, you should give others a chance to try.A few days passed.Yang Xueguo led the team to Paris, but he decided to contact Alcatel.In addition, the negotiation team of Times Communications and BlackBerry are both in Paris, and the merger and acquisition case is destined to be unquiet from the beginning.Xiao Bai had already made a decision in his heart, so naturally he would not continue to pay attention to this matter.During this time, Shang Liancheng often came to him to discuss the plan for building a 10.5 generation TFTLCD production line, and the plan gradually took shape."
Xiao Dong, I suggest that this 10.5 generation line be put in H Fei City, our cooperation with the local community has always been very good, and we can avoid a lot of unnecessary troubles."
This morning, Shang Liancheng came to find Xiao Bai again.What he brought this time was the final draft of the construction plan, with a planned investment of 40 billion yuan, and the construction site was selected in H Fei City."
Well, that's pretty much it now."
Xiao Bai looked through the construction plan and listened to Shang Liancheng's narration, and felt that this plan could be finalized."
Mr.
Shang, there is just going to be a decision-making committee meeting the day after tomorrow, and this project will be submitted for discussion at the meeting that day.""
Xiao Dong......
What about the money?
”Shang Liancheng wanted to speak and stopped, Xiao Bai had said that he would solve the matter of funds, but so far he had not said what to do."
Oh, I've thought about it.After the additional issuance of the listed company, it invested in a 6th generation LTPS\\AMOLED production line, and the company still has some remaining funds.What I mean is that in the name of Times Technology Group and listed companies to build this 10.5 generation line, I will invest in the lack of construction funds. ”Xiao Bai is ready to invest directly this time, and will no longer engage in any tricks such as financing.At present, there is still 90 billion yuan of cash on the account of Times Technology Group, not to mention the construction of a 10.5 generation TFTLCD production line, which is enough to build two lines."
Then I'm relieved!
Xiao Dong, you are busy, I'll come over when the meeting comes. ”Shang Liancheng's heart had a bottom, and he immediately said goodbye and left.On the day of the meeting, the 10.5 generation TFTFLCD project of Times Optoelectronics H fertilizer was approved without any suspense.Everyone supports Times Optoelectronics to seize the commanding heights in the LCD field.Of course, Xiao Bai's willingness to contribute is also crucial.Whether the project is successful or not, capital and technology are indispensable, and now that both are available, just throw off your arms and do it."
Chairman Xiao, I have made financial calculations in the past two days, and Times Optoelectronics Co., Ltd. can come up with at least 6 billion yuan of funds.In addition, the local area of H Fei City should contribute some funds, and I estimate that it is no problem for the two to add up to 10 billion yuan. ”After the meeting, Shang Liancheng followed Xiao Bai to his office.When it comes to the issue of funds, Shang Liancheng is a little helpless.There is no contact with H Fei City, but the capital situation of listed companies is like this."
Then I'll prepare 30 billion yuan."
Xiao Bai nodded, and then asked Tong Wanqing to call over and ask the other party and Shang Liancheng to go to H Fei City together to finalize the project as soon as possible.At the same time, Xiao Bai also notified Mu Ziyuan and asked the other party to prepare a special fund of 30 billion yuan.A week later.Yousen monk Liancheng and H Fei reached an agreement.Times Optoelectronics' 10.5 generation TFTLCD production line project will be settled in H fertilizer, with a total investment of 40 billion yuan and a construction period of 20 months.Among them, Times Technology Group invested 30 billion yuan, accounting for 63.75 shares.Times Optoelectronics Co., Ltd. invested 6 billion yuan, accounting for 27.75 shares.H Fei City invested 4 billion yuan, accounting for 8.5 shares.After the completion of this line, the listed company can gradually acquire the shares held by Times Technology Group if it is willing.The city of H Fei quickly completed the project declaration, and the construction of the world's first 10.5 generation TFTLCD started immediately.As soon as this news was released, it caused a lot of shock in the industry.Times Optoelectronics is already the leader in the LCD field, and once the 10.5 generation line is completed and put into production, its dominance in the LCD field will be unshakable.Moreover, Times Optoelectronics also has two LTPS\\AMOLED production lines under construction at the same time, that is, the company will make efforts in the LCD field and OLED field at the same time.This not only makes manufacturers such as Dongfang Technology and PADA Electronics Group feel great pressure, but even South Korean companies such as S Star cannot turn a blind eye.But with such a large investment as Times Optoelectronics, few companies can afford it.At least Wang Bin and Liang Weihua couldn't bear it.As for R Ben and the panel companies on the island, they have long been lying flat, living on a small number of production lines, and no one pays attention to them.Suffice it to say, they are long gone.Now the most uncomfortable is Dongfang Technology and PADA Electronics Group, Wang Bin and Liang Weihua are very clear that if they don't take measures, they may be the next to be out.Xiao Bai is also thinking about this problem, whether he wants it or not, there will be a more fierce confrontation between Times Optoelectronics and South Korean panel companies in the future.In this process, it is too early to say who will win or lose, but when the two strong meet, the first unlucky ones must be other companies that are not strong enough."
Wang Dong, our 5th generation LTPS\\AMOLED production line has just started, and there are already three production lines under construction by Times Optoelectronics."
This time it was not Liang Weihua who went to find Wang Bin, but Wang Bin personally flew to Jinling.The two sat together to discuss countermeasures, and Liang Weihua's words revealed a deep helplessness.Now that the landscape within the industry is becoming clearer, he feels that he has been marginalized."
Don't compare yourself to that guy Xiao Dong, that's a madman.Think about it, in a short period of time, he invested 133 billion yuan to build a production line, how dare ordinary people do this?
”Wang Bin is also very clear that the strategic alliance reached by Dongfang Technology and Times Optoelectronics has also reached the moment of collapse.Then the next cutthroat competition is inevitable.However, it is not that there is no way at all, Wang Bin knows very well that he and Liang Weihua have no possibility of becoming the king of the industry again.The LCD panel industry is a winner-takes-all industry, and scale, technology, and capacity determine everything.When the opponent's first-mover advantage reaches a certain level, there is basically no possibility for the latecomer to surpass it.Generally speaking, it generally takes about one or two years or even three years from investment and construction to completion and production to mass production.This gives companies with a first-mover advantage plenty of time to adjust.Perhaps the day when the chaser's factory is built, the products produced will face a loss-making situation."
Wang Dong, maybe we can join forces with Times Optoelectronics to fight against South Korean companies?
Of course, in this way, we have little right to speak in the industry. ”Liang Weihua also thought of this only way, and after he said it, he couldn't help but keep shaking his head and sighing."
If it had been before, we could have reached a strategic alliance with Times Optoelectronics.Now, the verbal alliance is useless, unless we can agree to the other party's participation. ”Wang Bin is most entangled in this problem, now he and Liang Weihua have fewer and fewer hole cards, against South Korea's panel companies, Times Optoelectronics does not need helpers.If you want to form a so-called alliance, except for selling part of the company's equity, you can hardly come up with any conditions that can impress the other party.However, if the other party is allowed to participate in the shares, then the autonomy of Dongfang Technology and PADA Electronics will be seriously weakened.This ending is difficult for most people to accept.Therefore, Wang Bin's meeting with Liang Weihua this time is also destined to be fruitless.They have made up their minds to focus on OLED technology, but so far, the construction of the 5th generation LTPS\\AMOELD production line jointly built by the two companies is still slowly progressing.There is only one reason, and that is that the accumulation of technology is not enough.Deep City.Xiao Bai also didn't come up with a better way.It's not that he wants to show mercy to Wang Bin's subordinates, but he needs to complete the integration of resources in the LCD field as soon as possible, and then devote his main energy to the competition with South Korean companies in the OLED field.PADA Electronics Group can be put aside for now, but Dongfang Technology still has considerable strength in the LCD field.If you fight for consumption, Times Optoelectronics can indeed defeat Oriental Technology.However, its so-called killing of 3,000 and self-inflicted damage of 800 has to be considered."
It's hard!
Why don't you find time to talk to Wang Dong?
”Xiao Bai decided to take the time to meet Wang Bin, and if possible, he was willing to accept a part of the shares of Dongfang Technology.But before that, Dongfang Technology had to rely on its own strength to survive this price war and the weak cycle of the industry.At present, the price of LCD panels is still in a downward channel.In particular, the price of small and medium-sized panels has fallen below the cost line of many enterprises, and even the relatively strong large-size panels have been loosened to a certain extent.The situation of Times Optoelectronics is not bad, after all, the company's scale is very large, the technology is also advanced, and it has great advantages in cost control.But even so, the decline in profits of Times Optoelectronics has not stopped.Reflected in the stock price, for example, the H-share share price of Times Optoelectronics has fallen to around HK$15.In the latest quarter, Dongfang Technology also incurred huge losses, and the loss in the quarter exceeded 7 billion yuan for the first time.It can be said that in the LCD field, only Times Optoelectronics is still above the break-even point.Even S Xing, the initiator of this price war, is losing money.However, S Star has other businesses that can make up for losses, and Times Optoelectronics has profit hedging with large-size and super-large panels, and Dongfang Technology can only resist.Xiao Bai just wanted to wait for Dongfang Technology to be unable to bear it, and then go to Wang Bin to talk.Weekend.Xiao Bai, who had been busy for a week, came to Rongcheng by plane.This time, Liu Xiaoling and Tian Chunxiu did not follow him, and they made an appointment to go shopping in Paris on the weekend."
Changfeng, go directly to Qingcheng Mountain."
Coming out of the airport, Xiao Bai got into his car.His cars in various places are maintained by special personnel, and he only needs to make a phone call in advance, and someone will drive the vehicle to the airport.Today he did not go directly to the villa in Huanhuaxi, but took a car straight to Qingcheng Mountain."
Okay, boss."
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He Changfeng immediately explained the route to the driver.Xiao Bai was silent all the way, as if he was closing his eyes.