Reinventing the Millennium

The reception banquet in Chengdu ended happily.

In the afternoon, Fang Zhuo, accompanied by city leaders, went to the University of Electronic Science and Technology of China for a walk. He listened to teachers and students in integrated circuit-related majors chatting about professional knowledge. He sighed to the leaders that this trip was well worth it.

In the evening, Fang Zhuo returned to the hotel and reviewed Sina's press release. He felt that the content was quite appropriate and ordered it to be posted the next day, letting the news from some mid- to high-end channels brew on its own.

Later, he checked the address book on his mobile phone and found the number of Luo Minghua, the secretary-general of Luzhou City.

The call is connected.

Fang Zhuoyan briefly and comprehensively described Changhong's possible acquisition of Meiling shares and its future technology upgrade production base.

When Luo Minghua received the call from Mr. Xiao Fang, he thought it was about the ice core project. Unexpectedly, he was actually taking the lead in introducing a new project. Although Changhong has been declining in the past two years, it is still one of the top domestic TV manufacturers!

Besides, it’s good if Changhong doesn’t dislike Luzhou’s backwardness, so why should he be picky!

This is the GDP delivered to your door!

As for the 20% of Meiling shares in Gu Zoujun's hands, it is impossible for him to hold it anymore. The city is also considering how to deal with this matter. With Mr. Xiao Fang's push, it is really logical!

"President Fang, don't worry, I will do Greencool's work."

Secretary-General Luo Minghua is certain that there will never be any problems with the share transfer.

"How much are these 20% shares of Meiling worth now?" Fang Zhuo asked for help.

Meiling is a local company in Luzhou. It was formerly the Luzhou No. 2 Light Industrial Machinery Factory. It later switched to producing household refrigerators. It has a certain reputation, but its profitability in recent years has been average.

Luo Minghua didn't handle this matter. He didn't hang up the phone. He asked on the landline and immediately replied to Mr. Fang: "About 120 million."

"Well, it's not expensive." Fang Zhuo didn't ask whether it would be a discount, but after thinking about it, he gave a suggestion, "Things on Changhong's side are more complicated. Secretary Luo, Changhong's decision to go to Luzhou still needs to be promoted by my side. You wait for my news."

"In addition, Changhong's current situation is quite bad. If it can't come up with 120 million at a time, can the bank approve a batch of loans?"

"From my personal experience, Changhong plans to upgrade its LCD technology, which will have good prospects in the future. I hope our city can consider it carefully."

Luo Minghua was silent for only a few seconds before he said decisively: "Mr. Fang, this is a good thing! The loan can be discussed. The city is absolutely willing to have Changhong come to Lu."

Such a statement did not exceed Fang Zhuo's expectations. Greencool's Gu Zoujun had no room for maneuver and it was impossible to keep his shareholding. It was most beneficial for the shares to be used for positive alliances.

Fang Zhuo chatted for a few more words before hanging up the phone.

Regarding the shares, it depends on the efforts of Luzhou, but on our side, we will slowly release good signals in the next few days.

On February 12, Sina.com published a press release mentioning that Mr. Fang Zhuo, the richest man in the country, arrived in Chengdu yesterday to inspect the investment environment and attend an entrepreneur exchange meeting.

On this day, Changhong's stock opened at 7.53 yuan and closed at 7.75 yuan, with 1.6509 million lots traded.

On February 13, both "Sichuan Daily" and "West China Metropolis Daily" reported on the news that Yike President Fang Zhuo came to Chengdu for an inspection. They introduced the growth experience of the new richest man in the country at a large length and praised his achievements. Business aptitude.

On this day, Changhong's stock opened at 7.75 yuan and closed at 8.23 ​​yuan, with 2.8022 million lots traded.

On February 14, Mr. Fang Zhuo, the country's richest man, arrived in Fucheng. Accompanied by Changhong Chairman Ni Runfeng, he visited Changhong's production base and praised the color TV giant for maintaining its style.

On this day, Changhong's stock opened at 8.23 ​​yuan and closed at 8.62 yuan, with 3.0645 million lots traded.

On Thursday, February 15, Mr. Fang Zhuo, the richest man in the country, accepted a joint interview with multiple media. It was officially announced that he would replace APEX as Changhong’s partner in the United States and would further expand the overseas market of Changhong’s products.

On this day, Changhong's stock price reached its daily limit, and trading volume soared to 4.7 million lots.

In the following two days, because the market was closed on Saturdays and Sundays, Changhong only rose by one daily limit, breaking through the 10 yuan mark. The closing price on Friday, February 16, was 10.42 yuan, an increase of 38.3% from the 7.53 yuan on the 12th.

Everyone who bought the stock believes that Changhong has a bright future and believes that Changhong will continue to rise sharply when the market opens on Monday.

At its peak, Changhong's market value was nearly 60 billion. Today, Changhong's market value is less than one-third. With the problems of APEX Company resolved, everyone believes that Changhong's overseas strategy will greatly improve the company's operating conditions.

On Sunday, February 18, the stock market was closed.

Changhong Electric Chairman Ni Runfeng held a board meeting at the headquarters in Fucheng to discuss Changhong's acquisition of 20% of Luzhou Meiling's shares and the direction of the company's technology upgrade.

He just briefly described the situation, and the faces of everyone in the conference room darkened.

"I think Changhong's acquisition of Meiling is a rare opportunity. It not only gives Changhong an entrance to transform into white goods, but also prepares for upgrading LCD technology. What do you think?"

Ni Runfeng concluded and asked for opinions.

Seeing that no one said anything, Mu Wenrui, the deputy director of the group, slapped the table: "Let's see who can agree to the acquisition decision! Nonsense! It's just nonsense!"

He cursed: "Ni, do you think you can become lawless by recruiting the richest man in the country to serve as a foreign aid? You are betraying the interests of the company! What do you want to do! You also want to transfer the company's technology to Luzhou! I think you don’t want to be the chairman anymore!”

Ni Runfeng frowned.

Before he could refute, the other directors seemed to have heard the sound of a trumpet, and they all cursed indignantly.

Disagree, absolutely disagree!

Don't try to pass this kind of decision that betrays corporate interests on the board of directors of Changhong Electric!

Ni Runfeng wanted to argue, but there was no such chance, because the directors scolded him angrily and then slammed the door and left, expressing their strong dissatisfaction and firm attitude.

At noon that day, word spread throughout Changhong and Fucheng that Chairman Ni wanted to go against the grain. Many people felt that Mr. Ni was out of his mind. Some people speculated that this was an exchange of interests between Mr. Ni and Mr. Fang.

In the afternoon, the leaders of Fucheng summoned Ni Runfeng and Changhong's senior executives for a meeting.

Deputy leader Zhao Yong presided over the meeting, and other city leaders also attended to listen to the dissatisfaction of Changhong executives with Chairman Ni. At the same time, they expressed Fucheng's administrative attitude and did not recommend that Changhong acquire the shares of Luzhou Meiling.

What Zhao Yong means is that you, Changhong, haven't finished it yet. You just got some good news from overseas. You should quickly digest and improve it, do your main business well, and don't make a mess.

As for the upgrade of technology direction, LCD can be used as an important reference direction, but the accumulation of the company's own technology must also be fully considered.

Does plasma really have no future at all?

Can LCD technology really overwhelm plasma?

Is it possible to do both simultaneously?

In short, we need to discuss and discuss further.

Executive leaders expressed their opinions, while directors and senior executives collectively opposed it.

Ni Runfeng did not hold back and silently accepted everyone's criticism and accusations.

I came back today and opened the backend to see that 40,000 words in the previous article had disappeared... Good guy, I think I should consider the beginning of the new book. If there is any force majeure factor, it would be that Mr. Fang collapsed before he started his business.