Rebirth of Cyber ​​Hegemony

Vol 3 Chapter 754: : Another Fudge King

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"Mr. Wang, there is no news from the bank."

"Where is the upper part of the North City?"

"also not."

BOE, Wang Dongsheng is smoking a stuffy cigarette.

He has had a terrible headache recently.

BOE's first quarter financial report came out, and it fell into a loss again.

Moreover, in the first quarter alone, they lost 500 million.

If this goes on for a year, and at this rate, it may cause a loss of 2 billion yuan.

Although this kind of loss cannot be said to be the largest in Chinese history, the fact that an electronics manufacturing company can make such a loss can be regarded as recorded in the annals of history. At the same time, the stock market, because of BOE's continuous losses, has already added the ST hat. All the stocks of BOE in retail hands should be sold, and the ones that cannot be sold are the dealers.

No way, even if they were the dealers, they were also beaten to death by BOE.

ST means to show everyone that this is a loss-making company and investment needs to be cautious.

Since no money can be obtained in the stock market, no money can be obtained from the bank, and no money can be obtained from the upper side...BOE is suddenly caught in an extremely difficult situation. At that time, some media believed that BOE would delist?

"These guys."

Wang Dongsheng complained inwardly.

When BOE was founded at that time, Wang Dongsheng had already indicated to the boss and the bank.

The display business is not so easy to do, and a protracted battle must be fought.

But they promised well at the time, and regretted it after a few years.

Of course, Wang Dongsheng also understands that for four or five consecutive years of losses, no matter how big a benefactor is, he can't stand it.

However, the more this time, Wang Dongsheng also understands the power of Samsung.

Why is Samsung's display business so powerful?

Not how good their technology is?

Samsung at that time was actually the same as BOE now, and their technology was not as good as Japan's.

But they also entered the display business with unparalleled courage and suffered losses for 20 years.

But 20 years later, Samsung has risen and succeeded in stepping on Japan, thus achieving Samsung's supremacy.

Wang Dongsheng's path is actually Samsung's path.

However, Samsung’s road is too difficult to follow. Let alone lose 20 years in a row, even if it loses for four or five years now, it is not an ordinary company that can withstand it.

"Are some other capitals contacted?"

"I have been in contact, but when looking at our financial reports in recent years, some other capitals have no news."

The assistant whispered.

For BOE, the assistants are also in a deep sense.

Enterprises that have lost four or five years in a row, and have lost more and more, may I ask which capital would dare to enter?

Say it again.

Look at other banks who dare not come in. Do you still have the capital?

Your capital has a strong bank?

"By the way, Mr. Wang, Mr. Chen from Huanyu Technology said he wanted to come to the company for inspection."

"You let Vice President Liu go,"

Wang Dongsheng seems to be somewhat interested in Huanyu Technology.

The fund hasn't been settled. Now he is not in the mood to care about it.

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.

"Or, will Huanyu Technology be launched?"

Wang Dongsheng had an idea in his heart.

If it is a general Internet company, Wang Dongsheng will certainly not make their minds.

The display business is not much worse than the chip foundry business.

Even in terms of funding, it is even more terrifying.

Take their production line, for example.

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 320mm*400mm panels with an investment scale of 1 billion.

The second generation line can produce 370mm*470mm panels with an investment scale of 2 billion.

The third generation line can produce 550mm*650mm panels with an investment scale of 4 billion.

The 4th generation line can produce 680mm*880mm panels, and the investment scale is 6 billion. This size is about 15 inches.

The 4.5-generation line can produce 730mm*920mm panels with an investment scale of 8 billion.

Do you think this is over?

There are also Gen 5 lines, Gen 5.5 lines, Gen 6 lines, and even the most advanced Gen 7 lines in the world so far.

The investment and construction of these production lines alone will cost hundreds of billions of dollars at least.

As you can imagine, there are several companies that can withstand it.

From this, you can also understand why Samsung has been losing money for 20 years.

It's not that they don't have the ability to make money, such a terrifying investment, it simply needs the power of the whole country to complete.

In fact, Samsung's ability to rise is indeed developed by the power of the whole country.

Not only that.

It is not enough to have a production line.

You have to find a market for the products you produce.

If you don't find a market, your investment of tens of billions of dollars will kill you every minute.

South Korea’s Hyundai’s display screens were awesome at the time, but they were also ruined in the same way.

Of course, when BOE was established, it also received strong support from the bank and above.

So Wang Dongsheng was ready to let it go.

But this kind of thing, after losing four or five years in a row, you will begin to doubt your life.

The people in the North Market felt that this display screen was too losing money, and some didn't want to invest money.

The bank saw that BOE had been losing money, and felt that the money it had previously given might not be able to recover the cost, and became hesitant.

But despite this, Wang Dongsheng is still very optimistic about Huanyu Technology.

This company is strong.

Although it is impossible to invest how much money to BOE, but flicking hundreds of millions of them can also solve the current urgent need.

Thinking about it this way, Wang Dongsheng asked: "Who will lead the team of Huanyu Technology this time?"

"It seems to be Chen Yu."

"That's okay, don't call Vice President Liu. If the chairman of Huanyu Technology is here, how can he let Vice President Liu accompany him? It is too shameful for others. In this way, I will personally receive them in the afternoon."

"Okay, Mr. Wang."

The assistant nodded, and then left the office, preparing for a series of arrangements for receiving Huanyu Technology in the afternoon.

In the afternoon, Chen Yu brought Zhang Jianming and his party to BOE~www.wuxiaspot.com~ Although the current BOE is not the future BOE, but because of continuous investment, the scale of BOE has exceeded tens of billions. Moreover, the display manufacturing area, like the electronic foundry, requires a relatively large amount of labor. Just a third-generation line, there are as many as thousands or even tens of thousands of people in the entire factory. This is of great help in solving employment.

Therefore, when BOE was founded, it received strong support from Beijing.

Therefore, although the entire BOE is not as large as Huanyu Technology, its employees are ten times more than Huanyu Technology.

"Mr. Chen, the one with glasses in front and some gray hair is Wang Dongsheng."

"Well, I have seen his photos, and there are some bookish anger."

"Scholar, he is not a scholar. Mr. Chen, you have to be careful, Wang Dongsheng is known as the King of Fudge in the industry."

"Oh, how do you say this?"

"I'll just tell you briefly. BOE actually owed a lot of money when it was founded, and the company itself could not be established. However, Wang Dongsheng completed the debt-to-equity share reform based on his ability to flicker. Said that the display screen was very helpful to solve the employment problem, so he brought North City to the top. However, under the endorsement of the North City, Wang Dongsheng brought in a series of banks. But as a result, now Wang Dongsheng not only brings the North City into the market. The upper part was pitted, even the bank was pitted. It is said that they had a huge loss of 500 million in the first quarter of this year.

"Oh."

Chen Yu nodded, but smiled and said, "The ability to fool is really good."

Just to say so, but Chen Yu didn't have any dislike for Wang Dongsheng.

On the contrary, he still has some appreciation.

The investment in the display screen business is really too great. If you don't have this ability to flicker, how can it be done?

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