My 1999

Xu Liang doesn't know much about the display panel industry, but he knows that OLED screens are the future.

"How many people are there in BOE now who are engaged in OLED screen research and development?"

"Less than 50 people."

"So few?"

The number of people in the R\u0026D organization of Hongmeng headquarters has exceeded 3,000. If the R\u0026D personnel of its subsidiaries are included, the number will double.

Even if it is the department of Master Kong that does various food research and development, any one of them has more than BOE.

Huang Dongsheng smiled bitterly.

"BOE's foundation is too weak. Most of our technical strength is focused on the research and development of LCD technology. We can only do some basic research in the field of OLED."

BOE is losing money and almost losing money. If it were other companies, they would have stopped R\u0026D to save money.

Huang Dongsheng is still insisting on investing. Such a "stupid person" is not unique, and there are not many in China.

"How much does BOE invest in R\u0026D a year?"

"Last year it was 86 million Chinese yuan, and this year it is estimated to be less than 10 million." Huang Dongsheng sighed.

"In this way, BOE's R\u0026D investment will increase to 1 billion. If there are not enough people, you can recruit people. If there are not enough equipment, you can buy equipment. I will be responsible for the money."

There is nothing fancy about technology research and development, just spend money.

Spending money may not necessarily produce technology, but not spending money will definitely not produce anything.

The resolute tone of the big boss made Huang Dongsheng feel a huge warmth in his heart.

At this moment, he finally understood why women want to marry rich men. This huge sense of security with support is simply too much.

"I will also be backed by a big boss in the future."

"Mr. Xu, don't worry, I will go back and recruit people to buy equipment immediately, and improve BOE's R\u0026D capabilities as quickly as possible."

"I trust you to do the work. However, the R\u0026D investment of 1 billion Chinese yuan is just the beginning. It will increase to 2 billion next year and 3 billion in 2008.

I will increase BOE's R\u0026D investment by 1 billion a year.

If BOE can overcome flicker and screen burn-in before 10 years, improve safety to 5,000 hours, and produce flexible OLEDs according to the 6th generation line standard, I will increase your R\u0026D funding by 2 billion.

And I will take out 200 million Chinese yuan to reward all the staff of the entire R\u0026D group and BOE's senior management team."

Only with money can you be proactive. It's a hooligan to let people work without money.

Xu Liang is not short of money.

He is not afraid that BOE will owe debts.

He even hopes that he can owe more.

As for why the senior management team should be rewarded.

Haha.

The leader can't get the money, and you, a stinky technician, still want to get money.

Corruption, slacking off, you can get it done in minutes.

So, if you want to do research and development, you must first mobilize the enthusiasm of the executives.

"Don't worry, I will pass on your request immediately when I go back."

Huang Dongsheng's eyes were full of excitement.

Although he was determined to fight for the future of BOE for his whole life, he didn't mind making more money for himself.

"Where do you want to put the two new 6th generation factories?"

Although Huang Dongsheng was an idealistic struggler, he was not a fool.

"Mr. Xu, Yi##zhuang has provided a lot of help for the development of BOE. We must give back, so I want to put a 6th generation line here.

And Jingcheng has strong capital and is convenient for financing.

The remaining one will be placed in Qilu Yidu City."

Kunlun Technology is also a major customer of BOE and knows very well where Kunlun's factory is located.

Boss Xu was satisfied with the new henchman's good manners.

"After I go back, I will arrange for Standard Chartered to contact you, and Hanhua will also help you contact China Bank and Huaxia Bank."

Hanhua is a shareholder of China Bank and Huaxia Bank, so it is natural to side with its own people when it comes to business.

Huang Dongsheng nodded in agreement.

For the first time, I felt what it felt like to have someone to back me up.

No need to worry about money at all.

From investment to financing, there is no need to worry at all.

"If I had contacted Mr. Xu earlier, I wouldn't have to work so hard these years."

At this moment, Huang Dongsheng's heart was full of emotion.

——

May 9, 2006.

At this time, the May Day Labor Day was still a seven-day holiday.

Just when everyone had just started work and had not yet come out of the holiday relaxation.

BOE dropped a big bomb in the business world, and it also blew up the global LCD panel and upstream and downstream consumer electronics industries.

The conference hall of the Peninsula Hotel in Beijing was crowded with people, and most of the mainstream media in the country gathered here.

It seemed that the time was almost up.

Huang Dongsheng walked up to the podium in front with confidence.

Wearing a dark blue suit and with his hair carefully groomed, he looks calm and domineering at the moment, exuding the confidence of a professional manager of a large enterprise.

"Welcome everyone to the press conference on the cooperation between BOE and Hanhua.

Today, I officially announce it to everyone.

BOE will provide Hanhua with a targeted financing of 10 billion Chinese yuan for the company's development.

At the same time, BOE will invest 40 billion Chinese yuan to invest in a high-time LCD panel production line in Beijing and Qilu Yidu respectively..."

Looking at the TV broadcast, Xu Liang put down the documents in his hand.

After financing 10 billion yuan, Hanhua's shareholding in BOE reached 71.5%, achieving absolute control.

Only with absolute control can the financial statements be consolidated, and BOE's losses can be counted in the financial income statement of Hanhua Group.

"How is the investment in BOE's new factory going?"

"Mr. Jiang from Hongyan reported that the process is already in progress.

Standard Chartered, China Bank and Hua Xia Bank also agreed after knowing that Hongyan guaranteed the loan, but the interest rate was slightly higher, 8.7%. "Li Jinling said respectfully.

"As high as possible, the federal funds rate in the United States has already exceeded 4 in less than half a year, and the high point is normal."

This time he invested US$10 billion in BOE, of which 2.89 billion Chinese dollars were used to repay maturing debts and 1 billion Chinese dollars were used for research and development expenditures.

The money used to invest in the new factory is only 6 billion Chinese coins.

The two sixth-generation lines announced construction funds of 40 billion Chinese dollars, but the actual expenditure was 36 billion.

There are 30 billion Chinese coins left.

Hongyan Guarantee, BOE used the future earnings of two 6th-generation line factories as collateral to issue three-year corporate bonds worth 20 billion Chinese yuan through Hanhua Securities, with an interest rate of 7.9%.

The remaining 10 billion Huaxia coins were mortgaged by BOE with two sixth-generation line factories. Standard Chartered, China Bank and Huaxia Bank provided 5 billion, 3.5 billion and 1.5 billion Huaxia coins respectively for three years, with an interest of 8.7%.

After financing.

BOE, which originally had a debt of nearly 14 billion Chinese dollars, has seen its total debt rise to 31 billion Hong Kong dollars. If interest is included, it is 39 billion Chinese dollars.

According to the current exchange rate, it is equivalent to 5 billion US dollars.

Ring bell…

Li Jinling's cell phone rang.

She picked up and hung up after a moment.

"Mr. Xu, I am the magistrate of Yidu County, and I would like to express my gratitude to you specifically."

"He really wants to thank me for spending a small 20 billion on him at once. Xu's investment in Yidu in the past six years has not been this much." Xu Liang said.

"Yidu is really lucky. Officials in other places have to work hard to earn a future, but here they don't have to do anything, and there are investments that are sensational across the country." Li Jinling said.

"Luck is also a kind of strength."

Xu Liang said calmly.

Everyone knows that Yidu has great achievements, so those who can still stay here basically have backgrounds.

Xu Liang slowly stood up.

"Pack up, let's go to Pengcheng tomorrow."

"yes."

——

Pengcheng, also known as Xuzhou, is just like Xu Liang’s hometown. Thousands of years of romance are always blown away by rain and wind.

Once one of the nine states, it is now just a prefecture-level city in northern Jiangsu.

No, it should be said to be a level above ordinary prefecture-level cities.

Provincial deputy center.

The motorcade moved forward slowly, and under the setting sun outside the window, the city was bustling with traffic and people.

Although it is far less prosperous than twenty years later, it still seems full of vitality.

"Mr. Xu, we're here."

Li Jinling reminded.

"Stop for a moment."

When the bodyguard in charge of driving saw the crowd waiting in front, he quickly braked and slowed down. After a period of sliding, the car slowly stopped.

Push the door down.

The people who had been waiting outside quickly came to greet him.

"Mr. Xu, I am Guo Chao, general manager of Pengcheng Taihuacheng project. You are welcome to come to Pengcheng for inspection."

"You're welcome, we are all our own people."

I patted him on the shoulder and shook hands with other management members of the project team.

"Open the door, let's go in."

Guo Chao nodded quickly.

He quickly waved his hand and asked people to open the gate of the construction site.

Taihua's real estate projects are different from other real estate companies.

The latter's construction site is surrounded by iron sheets, which is hasty and ugly, and it also wastes resources.

Xu Liang has seen too many tricks done by later real estate companies.

Therefore, Xu's construction site walls are all made of simple steel structures. A thin steel plate is used to make a layer of partitions on the outside, and then covered with a layer of spray-painted cloth. On the spray-painted cloth are project renderings, project descriptions, and publicity. slogan.

This simple wall instantly became a free billboard.

Everyone who passes by here will see the advertisement above, and will also be attracted by the carefully produced 3D renderings.

A large-scale project takes two to three years, or even four to five years.

People within five kilometers will pass by here at least dozens of times in such a long time.

Even a fool can remember it after such a long time.

You can get good advertising results without spending much money, which is a huge profit.

When Xu Liang came in, he saw dozens of excavators actually carrying out excavation operations.

The roar of heavy engines and the sound of steel colliding together.

Soon there were muck trucks laden with earth and roared away.

"How long will it take for the pile foundation project to be completed?"

"It is expected to end in October." Guo Chao said quickly.

Xu Liang nodded slightly.

Pengcheng Taihua City is a new project launched this year.

It is located in Pengcheng Plaza, the only core business district in Pengcheng.

It covers an area of ​​about 40,000 square meters, with a total volume of about 480,000 square meters, and a total investment of more than 3 billion Chinese yuan.

Including 5A Grade A office buildings, the main body has a total of 62 floors and a building height of 266 meters. After completion, it will firmly rank as the tallest building in Pengcheng and is a well-deserved landmark.

The four auxiliary buildings (Buildings B, C, and D) are 30 floors (99.6 meters) respectively, and Building E is 28 floors (99.6 meters).

The main part of the office building is used as a 5A-level Liangmuyuan Hotel, and part of it is used as commercial and residential offices for rent.

Four annex buildings are used as long-term rental apartments.

The bottom floor is a shopping mall with a construction area of ​​160,000 square meters.

It is conceivable that once this kind of project is completed, it will instantly become a landmark in Pengcheng City.

If the investment hadn't been too big and Taihua was willing to spend money, this kind of project wouldn't have come into his hands.