20demayo Page 664
Page 664
Do you have a bank in your capital?
"By the way, Mr. Wang, Mr. Chen from Huanyu Technology said he wanted to visit the company."
"Let Vice President Liu go,"
Wang Dongsheng seemed to be somewhat disinterested in Huanyu Technology.
The issue of funds has not been resolved, so he has no mood to care about it now.
However, just as Wang Dongsheng was going to try his luck at the bank in the afternoon, Wang Dongsheng was clever.
Huanyu Technology, this company is not simple.
"How about pulling Huanyu Technology into the horse?"
Wang Dongsheng was thinking in his heart.
If it is an ordinary Internet company, Wang Dongsheng certainly won't hit their minds.
The display business is not much worse than the chip foundry business.
Even financially speaking, it is even more terrifying.
Just like their production line.
The display production line is divided into 1st generation line, 2nd generation line, 3rd generation line, 4th generation line, 4.5th generation line...
The first-generation line can produce 1mm*320mm panels, and the investment scale is 400 billion.
The first-generation line can produce 2mm*370mm panels, and the investment scale is 470 billion.
The first-generation line can produce 3mm*550mm panels, and the investment scale is 650 billion.
4代线能生产680mm*880mm的面板，投资规模为60亿，这个尺寸大概是15寸。
The first-generation line can produce 4.5mm*730mm panels, and the investment scale is 920 billion.
Do you think this is over?
There are also 5th generation lines, 5.5th generation lines, 6th generation lines, and even the most advanced 7th generation line in the world so far.
The investment and construction of these production lines alone cost at least hundreds of billions.
As you can imagine, there are several companies that can withstand it.
From this, you can also understand why Samsung has lost money for 20 consecutive years.
It's not that they don't have the ability to make money. Such a terrifying investment requires the entire country to complete.
In fact, Samsung was able to stand up, and it was indeed developed by the power of the whole country.
Not only that.
Just having a production line is not enough.
The products you produce must find a market.
If you don't find a market, your investment of hundreds of billions will kill you in minutes.
Hyundai's display screen was awesome at the time, but it also ended up like this.
Of course, when BOE was established, it also received strong support from the bank and its superiors.
So Wang Dongsheng was ready to let go and do a big job.
But this kind of thing, after losing four or five years in a row, you will start to doubt life.
The leaders of Beishi feel that this display is too much money, and some people don't want to invest money.
Seeing that BOE has been losing money, the bank also felt that the money given in the early stage might not be able to recover the cost, so it became hesitant.
But despite this, Wang Dongsheng is quite optimistic about Huanyu Technology.
This company is strong.
Although it is impossible to give them how much money BOE will invest, but bluffing a few hundred million can solve the urgent need now.
Thinking about it this way, Wang Dongsheng asked, "Who will lead the Huanyu Technology inspection team this time?"
"It seems to be Chen Yu."
"Well, don't call him Vice President Liu. How can he let Vice President Liu accompany the chairman of Huanyu Technology? It's too embarrassing for them. In this case, I will receive them personally in the afternoon."
"Okay, Mr. Wang."
The assistant nodded, and then left the office, preparing a series of arrangements for receiving Huanyu Technology in the afternoon.
In the afternoon, Chen Yu brought Zhang Jianming and his party to BOE.
Although the current BOE is not the BOE of later generations, but because of continuous investment, the scale of BOE has exceeded 3 billion.Moreover, the manufacturing of display screens is the same as that of electronic OEMs, which requires a lot of labor. There are thousands or even tens of thousands of people in the entire factory just for a third-generation production line.This is of great help in solving employment problems.
Therefore, when BOE was established, it received strong support from the top of the Beijing City.
Therefore, although the entire BOE is not as large as Universal Technology, it has more than ten times more employees than Universal Technology.
"Mr. Chen, the one in front with glasses and some white hair is Wang Dongsheng."
"Well, I've seen his photos, he has some bookish temperament."
"Scholar, he is not a scholar. Mr. Chen, you have to be careful, Wang Dongsheng is known as the king of fools in the industry."
"Oh, how do you say this?"
"Let me tell you briefly. When BOE was established, it actually owed a lot of money, and it was impossible to establish this company itself. But Wang Dongsheng completed the debt-to-equity share reform with his ability to fool around. Later, Said that the display screen was of great help to solving employment problems, so he brought in the top leaders of Beishi. With the endorsement of the top leaders in Beishi, Wang Dongsheng brought in a series of banks. But now, Wang Dongsheng not only brought in The higher-ups were cheated, and even the bank was cheated. It is said that they lost a huge 5 million yuan in the first quarter of this year, and Wang Dongsheng is running around trying to find a way to raise money..."
"Oh."
Chen Yu nodded, but said with a smile: "The ability to fool you is really good."
Just saying that, but Chen Yu didn't have any dislike for Wang Dongsheng.
Instead, he has something to appreciate.
The investment in the display business is really too big. If you don't have the ability to fool around, how can you do it?
Chapter 755: I knew that Chen was always the one to do great things
"Mr. Chen, hello, I've heard about your name a long time ago. When I saw you today, you really deserve your reputation."
"President Wang, you are being polite. If you want to talk about your name, you are in the display industry, but you are a legend in our industry."
"Praise, praise, the outside world is all rumors, can't be counted, can't be counted."
After turning over the formalities, Chen Yu and Wang Dongsheng met.
It couldn't be said that it was the first time they met, they had greeted each other in the meetings organized by the superiors in Shencheng before.
"Let's go, Mr. Chen, I'll show you around."
Since it is an inspection, of course we have to visit BOE's production line.
BOE currently has five lines.
They are 1st generation line, 2nd generation line, 3rd generation line, 4th generation line, 4.5th generation line.
"We bought the 1st to 3rd generation lines from Hyundai Korea. At that time, Hyundai asked for 3.8 million U.S. dollars. However, under the operation of Mr. Wang, we only paid 1.5 million U.S. dollars, and the other 2.1 million U.S. dollars were found in South Korea. The company’s loan. The remaining 3000 million US dollars, Mr. Wang also asked Hyundai to waive it.”
While visiting, Wang Dongsheng's assistant introduced the production lines of BOE's various generations.
Of course, even though it was an introduction, all the introductions pointed to Wang Dongsheng.
The implication is that our boss Wang is awesome.
Chen Yu is also a suitable actor, and he couldn't hold back his admiration and said: "Mr. Wang is really brilliant."
"It's all unseen, just laugh at it, laugh at it."
"By the way, Mr. Wang, I heard that BOE owed a lot of money before it was established."
"To be honest, it is."
Wang Dongsheng nodded: "BOE was the Beishi Electronics Manufacturing Factory in its previous life. Although it was brilliant before, it has been in constant decline. In order to find a way out, I focused on the LCD screen. However, the display screen has invested a lot BOE alone will never make it through. So, I persuaded the top management and the bank in Beishi to use the debt-to-equity swap model, which means that the money we owe them is equivalent to our shares. Both the top management and the bank think my method is good, so I agree..."
Wang Dongsheng downplayed it, but Chen Yu could hear the meaning behind his words.
Chen Yu said again in admiration, as if he was extremely good at acting.
"Mr. Chen, you've had a hard time visiting this morning. How are you doing? After visiting our BOE, what impression do you have of us?"
After visiting in the morning, Wang Dongsheng invited Chen Yu to the office and made tea for Chen Yu himself.
Chen Yu was modest for a while, and sat on Wang Dongsheng's right hand.
"I feel good."
Chen Yu nodded and said: "The display screen has always been controlled by Japan, South Korea, Europe and the United States, especially South Korea, which can almost be said to be the overlord of the display industry. In a country as big as ours, we want to build a display screen, but we can't do it." Come out, it’s really a pity to say it. I took a look at your company’s 4.5-generation production line. Although it is a small-sized production line, it is widely used in security, mobile phone screens, and notebook computers. However, the production capacity is only one line in Beishi. Not too low."
"Mr. Chen is indeed an expert. The display screen is developing very fast, and the market demand for display screens is also very large. A 4.5-generation line is indeed not enough to meet the needs of the Chinese people, and not just one line, even 10 lines are not enough. It's just that Mr. Chen Maybe you don’t know, but for this production line alone, our investment starts at least 80 billion.”
"80 billion is indeed a relatively large investment."
Chen Yu nodded.
Before coming here, he also did research, and Wang Dongsheng did not cheat on this point.
"It is estimated that this piece will need to be supported by the higher ups in Beishi."
"It's difficult."
Wang Dongsheng expressed embarrassment: "Maybe Mr. Chen doesn't know about our situation. Although the higher-ups have been supporting them, BOE is not the only project they support. In addition, they have invested so much before, and the higher-ups may be reluctant."
"Have you found any other capital?"
"I'm looking for it. A lot of capital is interested in our business."
Speaking of this, Wang Dongsheng said: "A few days ago, I had a chat with Lenovo Yang Yuanqing, and Mr. Yang was more interested. In a few days, I plan to have an in-depth discussion with them."
"Lenovo is a giant, congratulations to Mr. Wang."
Chen Yu smiled inwardly.
How could he not know what is going on in BOE now.
The higher-ups dare not invest, but Lenovo still dares to invest.
The reason why Wang Dongsheng said this to Chen Yu was obviously to drag Chen Yu into the trap.
Of course, Chen Yu also knew what Wang Dongsheng meant, so he waited for Wang Dongsheng to answer.
Sure enough, without Chen Yu's surprise, Wang Dongsheng began to dig a hole: "By the way, I wonder if Mr. Chen is interested in our display business."
"This one……"
Chen Yu pretended to be thinking about it, and Wang Dongsheng immediately said: "Mr. Chen, the electronic screen business is related to your company's PC business and mobile phone business. If your company cooperates with us, it will help reduce the cost of PC computers and mobile phones." , plays a decisive role.”
"It is."
Chen Yu also agreed.
"As you know, there is a great demand for labor in electronics manufacturing, and the local authorities are also very interested in it. If Mr. Chen is interested, I am willing to go to Shencheng and negotiate with the superiors in Shencheng to open a 4.5-generation production line in Shencheng. .”
"Shencheng opened a 4.5-generation production line, hey, this is a good idea."
Chen Yu followed Wang Dongsheng's words and nodded from time to time.
Seeing that the time is right, Wang Dongsheng said: "Of course, the 80 billion investment is a bit big, and I will also find some interested cooperative companies. For example, Lenovo and Founder."
However, in order not to spoil the performance, Chen Yu still raised his own question: "Mr. Wang, although I am very interested in the display business. However, it seems that your company's profit performance is not good."
For Chen Yu's question, Wang Dongsheng was not surprised at all. On the contrary, he was a little surprised that Chen Yu didn't ask this question.Facing Chen Yu's question, Wang Dongsheng said: "The display business itself has the characteristics of high investment and high output, but it needs a certain period. Back then, Samsung Electronics did not even blink for more than 20 years because of their display business. Of course, we don’t need so many years. We have invested nearly 150 billion yuan in the past five years, and we have already laid a good foundation. This year, my judgment on the market is steady growth, especially your company’s PC business and mobile phone business It has given a strong market signal... I predict that BOE will be able to achieve profitability this year. As for the new production line in Shencheng, if we are faster, we can take advantage of this shareholder wind to quickly occupy the market. I predict that the investment of 80 billion , make a profit of 1 million in the first year, 5 million in the second year, 8 million in the third year, and at least not less than 8 million in the next few years... I can assure you of this."
Wang Dongsheng spoke plausibly, and also produced a series of data to support it.
Seeing Wang Dongsheng soaring with passion, Chen Yu really admired him.
Damn, it's just serious nonsense.
If the display business is so profitable, it is impossible for BOE to lose money.
However, Chen Yu didn't point out, just listened quietly.
"Of course, it depends on how much Mr. Chen can invest?"
After a passionate speech, Wang Dongsheng felt good, and then asked tentatively: "How about this, your company invested 8 million, accounting for 10%, what do you think?"
Wang Dongsheng also knew about Huanyu Technology.