Reborn Millennium Player

518 Mr. Lu’s face is valuable! (5k)

In the 1980s and 1990s, China formed the first CRT color TV industry chain by introducing technology. A large number of companies such as Skyworth, TCL, Konka, and Changhong emerged from this, and their output value once accounted for half of the national electronics industry!

However, since the first LCD TV appeared in China in 2003, and now sales have slightly surpassed CRT color TVs, in just three or four years, an "LCD storm" has caused China to lose all the advantages accumulated over the past 20 years.

CRT color TV, a total collapse!

As early as 1998, in order to get rid of the bottleneck, Shanghai Radio and Television spent 10 billion on a joint venture with NEC (Neon Electric) to introduce a fifth-generation LCD production line, but ended up becoming a blind date.

In addition to providing money, land, and personnel, from technology to management, Neon has the final say. Key components, equipment and materials are all controlled by Japanese companies, and they have no way to interfere.

SVA can only recognize as much as neon says.

A proper ATM!

Fortunately, there is BOE, but unfortunately there is only one.

If this single seedling falls, the entire panels of mobile phones, computers, and color TVs will be stuck. At that time, they will have no choice but to be slaughtered and manipulated at will by Japanese and Korean companies.

Although Logic is also involved in panels, including TPK Chenhong and Shenzhen Yueguang, it does not plan to make a big bet.

The LCD industry has always been the hardest nut to crack. It requires constant technological iterations and even more continuous capital investment. Regardless of Japan and South Korea’s domination of the market, they all rely on state-subsidized loans and frantic blood transfusions in other industries of the chaebol. In the end, they still make ten years of profit.

Lose money for ten years, lose money and earn money for another ten years.

The panel industry is destined to be a bottomless pit!

Mr. Lu already has a gold-eating beast like semiconductors, so vigorously supporting BOE is the best choice.

"Is US$500 million enough?"

"How about 7...700 million?" Lan

Under Lu Fei's encouraging eyes, Wang Dongsheng mustered up the courage to say such an astonishing amount, equivalent to 5.53 billion RMB.

(ps: the exchange rate was around 7.9 at that time)

It is completely different from the 500 million RMB just now!

Lu Fei remained silent, lost in his own thoughts.

If you want to get this money, you will definitely be able to get it. The Trisolaris Fund has money, but it must be used to short subprime mortgages and long gold.

Logic also has money, but it has been fully rolled out. It costs money to re-core, and it costs money to produce and develop various products such as mobile phones, tablets, and MP3s. None of them require hundreds of millions of funds to build a foundation.

For the remaining industries such as Penguin, Feigou, New Wolf, Zhongtong, Sogou, Dingfeng, and Hantang, Penguin can lend 700 million U.S. dollars, but it will definitely hinder Penguin's development.

"Mr. Lu, I also know that this number is too large."

Wang Dongsheng couldn't help but be confused, showing a self-deprecating wry smile, "It's also our fault that we had no experience and no brains at the time. We naively thought that the LCD industry was like real estate. We only needed to invest tens of millions, and it would be fully operational with one or two billion. When we really set foot on it,

Only after entering this industry did I understand the horror of the LCD industry.

But I couldn't retreat even if I wanted to, so I could only rush forward.

As long as it has RMB 700 million, BOE can sustain itself for at least three years. As long as it can maintain its fifth-generation production line, it will be able to make a comeback sooner or later when the "cold winter" is over."

"700 million, is it enough?"

Lu Fei smiled and raised the corners of his mouth.

"Enough or not enough?" Lan

Wang Dongsheng was confused, and his head went blank because of Master Lu's wealth.

"It depends on you whether it's enough. Isn't BOE yours?"

Lu Fei patted his pocket and said, "It's not bad money."

"Gulu, Gulu~"

Wang Dongsheng swallowed his saliva and suddenly realized that sitting in front of him was the richest man in the mainland with a net worth of tens of billions of dollars, and the 16th super rich man in the world. He stumbled and said in excitement:

"To be precise, $7...740 million."

"Okay!" Lan

Lu Fei slapped his thigh, but changed the topic: "But I can't be the only one to pay for it, I have to involve other people."

"ah?"

Wang Dongsheng was like a bucket of cold water being poured from his head. His entire passion was extinguished in an instant, his expression was stagnant and he was at a loss.

Mr. Lu, please, please don’t tease me, okay?

"What I mean is that more people need to be involved in this matter. If I am the only one borrowing money, then BOE is just a matter between us. Facing Japanese and Korean companies with chaebols and national backing, it is too powerful to do it alone.

Thin."

Lu Fei's eyes flashed with thoughtfulness, and in the name of loans, he tied all the debtors on BOE's ship. They were all on the same ship, so they would naturally try their best to help.

"Mr. Lu, who do you want to attract?" Lan

Wang Dongsheng nodded, feeling that it made sense.

"The Chinese Renaissance Association is naturally bound to do so."

Lu Fei analyzed seriously: "With such a large amount of loan, we must ask a bank to form a syndicate."

"It's not like we haven't thought about syndicates."

Wang Dongsheng sighed, "Last year we approached China Construction Bank and asked it to take the lead in setting up the organization, but no matter how we formed the group, there were not enough people. By the end of the year, the capital chain was almost broken, and even workers' wages could not be paid. China Development Bank had to provide a bridge first.

Let us deal with the loan first, wait for the syndicated loan, or repay the money after we borrow it, so that BOE's capital chain is not broken."

"This is easy to handle."

Lu Fei rolled his eyes, "Let's take the lead in the name of the Chinese Renaissance Association. I think the bank will never refuse."

"Thank you, Mr. Lu! Thank you, Mr. Lu!

"

Wang Dongsheng held his hand excitedly and shook it vigorously. After shaking for a while, he suddenly drooped his face and said weakly: "But Mr. Lu, there is something I have to say no matter what, even if the 'winter' of the panel industry has passed, BOE

The losses may continue to be huge, and the money you raised may be wasted, so..."

Lu Fei frowned: "Mr. Wang, I'm very happy with your attitude when you said this, because you were afraid that BOE's failure would implicate me, but I don't like what you said very much. BOE survived."

How can we continue to lose money in the cold winter?"

Wang Dongsheng did not hide anything and confessed truthfully.

BOE’s fifth-generation line is indeed the most advanced in the country, but now the world’s LCD production lines, Japan and South Korea, have already been involved.

Samsung, LG, Sharp, NEC, etc. are either 6th generation or 7.5th generation, and some are even rolled into 8th generation lines. BOE's 5th generation line LCD screens can only be used in personal computer displays.

But it is definitely not suitable for the color TV market, which is currently the most profitable and potential market. It is equivalent to being trapped in the computer market.

However, the PC era is already an era of small profits!

"What is the difference between the 5th generation line, the 6th generation and the 7.5th generation?"

Lu Fei touched his chin.

Wang Dongsheng made comparisons one by one, and the core problem was that BOE's LCD screen was not large enough.

"Not big enough? Haha, haha~"

Lu Fei laughed and said: "Isn't it an advantage that it's not big enough?"

"Mr. Lu, how can this be an advantage?" Lan

"You are sitting on a mountain of gold but you don't know it. Do you know the smartphone recently launched by Logic, the lphone?"

"Of course, no one doesn't know!"

“BOE’s 5th generation line, or even 4.5th generation line, can be used in smartphones.”

The corner of Lu Fei's mouth raised. The screen of a smartphone is not like a color TV. It is only a very small one. The reason why he wants to introduce AMOLED and OLED panels to Samsung is because he wants to get involved in the explosion of smartphones, but BOE has also caught up.

"Mr. Lu said that BOE is betting on small and medium-sized LCDs?"

Wang Dongsheng was murmuring in his heart, is this possible?

"Yes, BOE is the strongest in the field of small and medium-sized LCD panels, and is waiting for opportunities."

Lu Fei's tone was full of confidence.

The reason why BOE suffered losses again and again in the previous life was that it only knew how to immerse itself in production and did not know how to judge the current situation of the industry.

If Japanese and Korean panel companies were to be involved in internal affairs for a year or two, and the subprime mortgage crisis broke out, the LCD industry would inevitably face a greater recession.

However, BOE can ride on the trend of smartphones, or logic phones to be precise, and make great strides against the trend.

The financial crisis turned out to be a great opportunity for expansion!

"But the funds..."

Wang Dongsheng cried and laughed again and again. It would be good if US$740 million can keep the existing BOE. How can there be money to build another 4.5-generation line?

"I'll figure it out."

Lu Fei looked confident.

"Mr. Lu, I, I...don't say anything anymore, thank you!"

Wang Dongsheng was so moved that he was speechless and choked up. The man in his early 40s had tears in his eyes. A thousand words are just one sentence——

Although Mr. Lu is more than ten years younger than me, he is my eldest brother!

…………

"Hey, Mr. Ren, oh, yes, Mr. Cao, you said it, so I won't talk nonsense. BOE's life and death is related to China's panel industry. Bangzi Neon has been suppressing it at all costs and wants to develop our technology.

The ascending channel is completely blocked, how can we sit idly by and do nothing, what do you think?" Lan

"What, Huawei wants to borrow 100 million!"

"Oh, it's not too much, it's not too much. Don't worry, I will definitely vote for more. Okay, thank you, Mr. Ren. I'll treat you to authentic mutton hot pot when I go to Sijiu City another day."

"Hey, Ding Sanshi, why are you calling me?"

"Hua Teng has told you, yes, BOE is short of money now, but no matter how much money it lacks, it must help Dongsheng support the situation. BOE will never fail!"

"You also want to help with the venue? Okay, don't make it too much. It may take two or three years for this money to be returned to NetEase. We will do what we can, so I will give you 45 million. I will remember you."

"..."

"Hey, Brother Niu, I'm Fei." Lan

"Haha, how are the results of the examination?"

"Batches of products have been detected with different amounts of melamine. There must be something wrong with the milk source! The milk source is so tight now. If it is insufficient, just add water to it. If you add too much water, it will be diluted. Why don't you add melamine to it?

, these people will do anything for money!"

"Why do I know so clearly? This year's Double Eleven, Feigou.com is focusing on food safety, sampling participating mothers and infants, beverages, snacks, edible oils, and dairy products, all of which are top priorities.

Yes, this is likely to be a huge crisis, and one fuse can ignite the entire barrel of explosives. I have asked my elder brother to pay more attention to it, and Mengniu should also be careful."

"I almost forgot about the business. I came to you today because I was entrusted by Dongsheng to pull BOE. I just wanted to raise funds and show the leaders the responsibility of our domestic entrepreneurs."

"Yes, yes, this is a good talk if it gets out."

Lu Fei made one phone call after another, and took Wang Dongsheng to "beg for alms" from everyone at the Huaxia Revival Association. In just three to five sentences, they all cooperated and lent tens of millions to hundreds of millions.

And it’s interest-free!

Completely, they all eat the fruits of Mr. Lu’s face.

The last call was made to Qilixiang. My brother was easy to talk to. Although Lu Yun didn't understand BOE or the panel, he was the first to refuse to agree when he heard that he was being bullied by Xiao Neon.

At one mouth, that’s 66.66 million.

At present, Qilixiang is rich and owns children's drinks such as Shuang Wai Wai, functional drinks such as Devil's Claw and Monster, plant-based protein drinks such as Six Walnuts and Six Almonds, plus Weilong Spicy Tiao, Dafa Master Crispy Noodles, and Yiming.

Breakfast milk, BESTORE...

He is a leader in the food and beverage industry!

The sales volume has long exceeded the amount betted by Wahaha, who bet 100 million RMB. Although Zong Qinghou has not paid, Lu Yun does not care and has not implemented it.

All this money should be advanced from the bet.

All the way from the Chinese Renaissance Association, Lu Fei "begged for help". No one he contacted on the phone refused, and everyone agreed to help.

What is sent out is a phone call and what is received back is money.

When he put down the phone, he felt a sense of satisfaction in his heart. This can be said to be the first action of the Chinese Revival Association.

Full marks for performance!

For example, individuals such as Liu Edong and Lu Huateng said on the phone that they could borrow several million to more than 10 million, and companies such as Ding Sanshi, Sun Mengquan, and Wang Chuanfu were funded by companies. The few were like Shenzhou's 20 million, and the many were like Huawei's.

100 million directly.

Lu Fei did a rough calculation and found that apart from himself, he had collected 713 million RMB, which would be 103 million in dollars.

He took out 267 million U.S. dollars and made up 370 million U.S. dollars.

The entire China Renaissance accounts for 50% of BOE's debt, and the remaining 50% is definitely more than enough for the syndicate.

Taking into account openness and transparency, he plans to pool money from different sources to establish an industrial investment foundation. In this way, even if the debt is swapped for equity in the future, BOE will only have one new shareholder, which will not cause chaos in the shareholder structure.

As soon as he thought about it, he immediately asked Zhang Lei to get started.

The name of the foundation is "China Private Entrepreneur Industrial Development Investment Foundation". The louder the name, the better.

In fact, I would rather call it "MCGA"!

However, the next day, when Wang Dongsheng conveyed the news to China Construction Bank that BOE had received loan support from the foundation, Vice President Fang who answered the phone was puzzled and confused, with a hint of disdain in his tone:

"Mr. Wang, how come I have never heard of this 'China Private Entrepreneur Industrial Development Investment Foundation' you are looking for? Is it reliable? Listen to my advice, don't mess around. I will help BOE think about it.

Cheer, syndicate is still possible." Lan

"Well, this foundation was established by Mr. Lu."

"Mr. Lu!

Which Mr. Lu, Lu Fei?!"

"Besides this Mr. Lu, who else is Mr. Lu?"

Wang Dongsheng read the names like he was pouring beans: "There are also Huawei, Fuyao, Penguin, Feigou, NetArt, New Wolf, Luhua, Mengniu, and BYD in the foundation..."

In one breath, he named a dozen companies and people.

Vice President Fang's trembling hands almost failed to grasp the phone. After digesting the shock for a while, he hesitated and said:

"Mr. Wang, Mr. Lu, this is..." Lan

"no other meaning."

Wang Dongsheng was somewhat proud of himself, having wiped away the arrogance he felt when he went to the bank before, "When Mr. Lu heard about BOE, he immediately decided to help him to the end. Others were also trying to save Mr. Lu's face, some more, some less.

, it was all from my heart, so I took the lead, and collected a total of 370 million U.S. dollars."

"Then why is Mr. Wang making this call today?"

"Although BOE has a foundation, it still lacks US$370 million. Is it okay for China Construction Bank to form a syndicate to support the other half?"

"No! This matter is all our fault!"

"But BOE's rating has been lowered by you..."

"I will consult with the president immediately and change it right away." Lan

"Then I'll leave the bank syndicate to President Fang. I won't call other banks one by one. Oh, Mr. Lu also told me to borrow if I want to. If you don't want to, don't force it. It's boring to force a loan."

"LCD monitors are the food of the industry, and your BOE's 5th generation line is a national strategic project! Since Mr. Lu has said that he will help to the end, our bank will never refuse. Mr. Wang, you will be waiting for me in a week.

Good news."

"Dududu~"

After hanging up the phone, Wang Dongsheng was filled with excitement.

"How about it?"

Lu Fei looked through the information on BOE's fifth-generation line and quietly stole the lessons to gain experience for the project that introduced OLED and AMole panels from Samsung.

"There should be no problem at the bank!" Lan

Wang Dongsheng waved his fists excitedly.

"Don't get too excited yet, there is a problem here."

Lu Fei relayed the problem discovered by Hu Yuhua. BOE's fifth-generation line did not have a color film part, which was not conducive to cost reduction and expansion and upgrade.

"Mr. Lu, if we want to build it, it will cost more than US$740 million."

Wang Dongsheng's smile froze and he sighed helplessly.

740 million U.S. dollars, such a high debt, even if half of it is an interest-free loan, the other half with interest is still a huge burden. As a last resort, it can only be a castrated version of the fifth-generation line.

"If you want to do it, just do the whole set. Money is not an issue." Lan

Lu Fei rolled his eyes, "The company has expressed its intention, the bank has expressed its intention, and if the government also expresses its willingness to lend more than one billion to BOE, do you dare to take the next step?"

"Dare, what's wrong with you?"

Wang Dongsheng unbuttoned the sleeves of his shirt, revealing a scar on his wrist, and excitedly introduced the origin:

"Mr. Lu, it was in 2003. At that time, I was negotiating at the wine table with a senior executive of a Japanese material supplier of neon. I wanted to invite him to build a joint venture in China to realize his desire for localization. Guess what this little neon

How to say?

Ah, this is a high-tech precision chemical industry that requires very high discipline among workers, so only Neon can do it, but China cannot. People in China have to run a red light even to cross the road.

tmd, what do you think I did at that time?”

"How to do it?" Lan

"I didn't know where I had the strength at that time. I was so angry that I smashed the wine glass and told him to get lost. Even if BOE stopped production, it would not buy any neon products. Not only would I not buy it, I would also steal the neon business.

Beat them in the panel market until they are convinced!”

Wang Dongsheng's teeth chattered: "I want Neon to know that we are not so easy to mess with. If you mess with us, you have to pay the price."

"It sounds like it boosts morale."

Lu Fei patted him on the shoulder, "I told you that I would help to the end. Now that the money has been raised and the support has been obtained, the only thing left is the stock market. I plan to invest in the stock market to boost investors' confidence in BOE.

As the chairman, do you welcome me to the board of directors?"

"Are you telling the truth?"

Wang Dongsheng couldn't believe his ears.

Who is Mr. Lu?

That’s the God of Lu Gu!

It’s okay if Lu Kuangshen buys BOE’s stocks!

For a moment, a warm current surged into my heart, and there was only one thought in my mind——

There is only one big brother in my heart, and that is Mr. Lu!

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