My Age of Investment

Chapter 862: Four hundred billion **** pit

  Chapter 862 The Four Hundred Billion God Pit

  The Fuxing Industry Group is already very large at the moment. The integration of various subsidiaries and business groups is a long and meticulous task.

  After explaining the corresponding work, Xia Jingxing and Liu Wenjuan, vice president of personnel of Fuxing Mobile, went to meet with Lu Lei, president of Wisdom Fruit Asia.

  The recruitment process went smoothly. After Xia Jingxing described the future blueprint of the Fuxing Industry Group and promised a position as the president of Fuxing Mobile Asia, Lu Lei readily agreed to join.

  Currently, Fuxing Mobile divides the global market into four major areas, China, North America, Europe and Asia.

  These regions cover almost all potential markets for high-end mobile phones.

  After Lu Lei agreed to take Wisdom Fruit in Asia to quit, the Fuxing mobile phone was settled in the other three major markets except Europe.

  …………

  …………

  Xia Jingxing brought Zhang Xuebing to the Club America. As soon as he walked into the room, he saw Huang Dongsheng, who was half-silver-haired.

  Compared with the silver hair many years later and the black hair a few years ago, Huang Dongsheng's hair color is now in a transitional stage.

  Through Huang Dongsheng’s hair color, we can actually observe some of the development of BOE. It seems that the past two years have not been very good?

  Wearing a suit, Huang Dongsheng, who was sitting in danger, saw Xia Jingxing and Xia Jingxing push the door and walked in, and hurriedly greeted him. He shook hands with Xia Jingxing with a smile on his face: "Mr. Xia, I've been looking up for a long time. Today, I saw the real person."

   "You are polite, President Huang, I have actually admired you for a long time, introduced by Academician To Li, I finally met you today."

  Xia Jingxing looked at Huang Dongsheng with a smile, and did not hesitate to praise him.

  He has always been full of admiration for the backbone entrepreneurs and the doers who dare to pursue the leading position in the global market. BOE is also a respectable company.

  Of course, the most criticized point of BOE is that in the process of realizing its ideals, many retail investors have been miserable.

  In a previous life, there was a very pertinent evaluation of BOE: the angel who guarded the country, the devil who sucked the blood of retail investors.

  At its peak, the number of BOE retail investors reached more than 1.3 million, and its A-shares ranked first, and it was awarded the title of “retail king” corresponding to the king of institutions and stocks.

  However, at that time, BOE was already the leader in the global semiconductor display field, and its shipment volume ranked first in the world.

  At the moment, retail investors are afraid that they can’t wait to spray BOE.

  After the handshake was over, Xia Jingxing just pulled his hand away, and suddenly noticed that Huang Dongsheng had a scarred scar on the palm of his palm like a winding centipede, and his brow suddenly wrinkled.

   "President Huang, I heard that your hand was injured by crushing a red wine glass on the dinner table?"

  Xia Jingxing had heard the news in his previous life that Huang Dongsheng negotiated with a Japanese supplier and invited the Japanese to build a joint venture in the mainland, but he was insulted by himself.

  I said: LCD panels, as a high-tech and value-added precision industry, have extremely high requirements for the quality of production line workers. The Chinese simply cannot do it, and the quality does not meet our requirements. Unless it is a small group of Chinese, the people of Bay Bay can, after all, they have been ruled by Japan for 50 years.

Huang Dongsheng smashed the red wine glass in his hand on the spot, patted the table to let the Japanese roll, and vowed that BOE would never use this company again.

  After the incident, Huang Dongsheng went to the hospital to sew seven stitches, leaving a permanent scar on his palm.

  This scar is not only the pain of him and BOE, but also the pain of China's panel industry.

   Seeing this conspicuous scar on Huang Dongsheng's hand, Xia Jingxing's national self-esteem was a bit stinged, and she understood and tolerated BOE's persistence.

  Investing in BOE is destined to be a business that does not make much money, or even loses money.

  Because data shows that since BOE’s listing, fixed growth and bond issuance have raised nearly 100 billion yuan, which is half the market value. The total equity has changed from 550 million shares to nearly 40 billion shares.

  This does not include policy subsidies and borrowings from the state and local governments. If all of them are added, the total investment in more than a dozen panel production lines will exceed 400 billion.

   However, from a higher level, BOE loses an average of 1 yuan per panel, and the cost of domestic LCD and TV companies will drop by 10-20 yuan.

  In other words, the Fuxing Industrial Group, which has a large demand for panels, actually takes advantage of BOE and the country and retail investors.

  BOE can be regarded as igniting itself, illuminating the way for all Chinese companies involved in the panel industry chain to move forward.

  Seeing that Xia Jingxing had been staring at the scar on his palm, he also pointed out the origin of the scar. Huang Dongsheng did not hide it, and admitted it generously.

  "Mr. Xia laughed. Japan deceived people too much and trampled on the dignity of our Chinese people. I believe that any Chinese with a conscience will react like me.

  Oh, no, if I were younger, like Mr. Xia, if you were as young as you, I might beat Japan myself. "

  Xia Jingxing laughed suddenly and did not answer the conversation.

  He knows that it is not a problem of age and blood, but a problem of the nature of BOE, which cannot be as unrestrained as ordinary private entrepreneurs.

  If he had encountered the same thing instead, he might just smash the glass on the head of the Japanese book.

  But there is no need to say this kind of thing, which is obvious.

  Huang Dongsheng looked at Zhang Xuebing, who stood beside Xia Jingxing in silence, with a somewhat awkward expression on his face.

   "Lao Zhang, your days are going well these days, I have embraced Mr. Xia's thick leg."

  It was a similar sentence, but Zhang Xuebing felt that Huang Dongsheng was still holding grudges, and for a while he didn't know how to answer.

   Fortunately, Xia Jingxing relieved him: "Mr. Huang, Little Japan is cunning and untrustworthy, let the past pass!

  This page has been turned over, and now Skyworth has joined the Fuxing Industrial Group. "

  Speaking of this, Xia Jingxing’s expression was straightforward: “Although the Fuxing Industrial Group is a new company, there is no prestige in the industry, but our ambition is to break the foreign technology blockade and become a true national technology enterprise.

  At this point, we and BOE have a common language. "

  Huang Dongsheng didn’t answer directly, he shifted his gaze to Xia Jingxing’s face, and after a few seconds of observation, he smiled: “Mr. Xia deserves to be Mr. Xia. He has the responsibility of an entrepreneur, and he has more courage that the old guys don’t possess.”

  These words are not polite, they are Huang Dongsheng’s heartfelt feelings, not only because of Xia Jingxing’s remarks, but also the conclusions he reached after observing Xia Jingxing’s various behaviors.

  Huang Dongsheng knew about the Fuxing mobile phone, and he also knew that Xia Jingxing bombarded the conscience system and questioned Mu Zhixin, who is not enterprising...

  A businessman who smells like copper will never do things that are not good or offend people!

  A shrewd businessman can only be slick and slick, be kind to others everywhere, form gangs and make money!

  On Xia Jingxing, Huang Dongsheng smelled the same smell, and everyone likes to do thankless things.

  In fact, with his qualifications and connections, he can completely escape the muddy waters of BOE. Whether it is to go out to start an independent business or join a large company, the money and material gains are better than staying in BOE, and there is no need to worry about being scolded by investors.

  The reason why he has to bear the heavy burden and insist on staying in BOE is more because of his "feelings."

  BOE’s predecessor, Jingcheng Electron Tube Factory, is an old military industry enterprise with a glorious history and one of the 156 projects aided by the Soviet Union.

  In 1960, the output value reached 338 million, and the net profit turned over to the country was 119 million. In the early 1960s, this military factory was once the largest electron tube factory in Asia.

  Later, in order to support the third-line construction, the electron tube factory moved with people and equipment as a whole, and its strength was severely weakened. In addition, in the 1980s, the electron tube technology began to be replaced by semiconductor technology, and the efficiency of the factory began to decline.

  In order to make a living, the tube factory and Panasonic established a joint venture. However, I not only blocked the core technology, but even deducted the dividends in arrears.

Thousands of retired employees in the factory made real contributions to the defense industry and cutting-edge equipment breakthroughs when they were young. Hat, go to the vegetable market near Jiuxianqiao to pick up the cabbage gang that the vendors don’t want.

  Huang Dongsheng entered the electron tube factory since graduating from university in 1981. He has worked in the factory for ten years, and he saw all this in his eyes, just when he was ready to find another way out and follow the crowd to do business in the sea.

  The old factory manager found him, hoping that he could serve as the factory manager and lead the electronics factory out of the predicament, but Huang Dongsheng firmly refused and insisted on leaving.

  Old employees in the factory came out to retain Huang Dongsheng: Do you want our masters to pick up cabbage gangs again? You can't go, we are willing to follow you together.

  It is this sentence that made Huang Dongsheng completely change his mind. When he was ordered to lose the army, he was ordered to put on a wonderful drama of PlayerUnknown's Battlegrounds!

  Huang Dongsheng also does not have the state-owned enterprise MBO. In the early days of entrepreneurship, he personally took the lead and paid 5,000 yuan, pulling the entire factory to collect 6.5 million, and began drastic reforms, breaking the past big pot of rice, and full marketization...

  In just a few years, BOE has won a new life, listed on the Shenzhen Stock Exchange, and has been profitable for twelve consecutive years.

  Until 2005, when the panel cycle was adjusted and product prices plunged, BOE lost nearly 1.6 billion in blood, and lost all the money made in the previous twelve years at one time.

  BOE once again recorded a loss of nearly 1.8 billion last year.

  Huang Dongsheng really feels desperate in the past two years for making two or three hundred million yuan, and losing more than one billion yuan. People who are less than fifty years old have half their hair.

  In order to get out of the predicament, he found four domestic color TV companies and prepared to do a big game together.

  However, the loose business alliance was disintegrated by Japan's almost teasing division, and another knife was inserted into Huang Dongsheng's chest.

  However, Huang Dongsheng did not give in, let alone leave BOE in a desperate manner. He is still trying to break the game.

  He has deep feelings for this company that has been struggling for half a lifetime. He joined since graduating from university in his twenties. He has witnessed its brilliance, lows, and new life, which has long become a kind of spiritual sustenance for him.

  Because Xia Jingxing opened his mouth to resolve his grievances, Huang Dongsheng did not remember Zhang Xuebing's grudges, and shook hands with the latter, which was regarded as a smile.

   Immediately, Huang Dongsheng greeted Xia Jingxing and Zhang Xuebing to sit down, and then took the initiative to pass the menu to the two and let them order whatever they wanted.

  Xia Jingxing did not refuse, just ordered a few dishes and handed the menu to the waiter, acting very swiftly.

  He came here today, and he didn’t just come here for dinner, there are important things.

After waiting for the waiter to leave and close the door, Huang Dongsheng smiled and said, "Mr. Xia, I heard Academician Li say that you are interested in investing in BOE?"

   "Not bad!" Xia Jingxing said lightly.

  Huang Dongsheng suddenly opened his eyes and smiled, “Mr. Xia, I take the liberty to ask, how much do you plan to invest in us?”

   "Ten billion." Xia Jingxing's tone was calm and light, and it felt like a hundred yuan.

   "How much?" Huang Dongsheng was taken aback, and quickly confirmed if he had heard it wrong.

"Ten billion!"

  Xia Jingxing said with a finger, solemnly.

  Huang Dongsheng did not speak. At this moment, he felt like a dream. He always felt a little unreal. Their company, which is often greeted by retail investors with their 18th generation ancestors, could actually get 10 billion investment?

has a problem! There must be a big problem here!

   "Mr. Xia, are you going to buy BOE?" Huang Dongsheng looked at Xia Jingxing with complicated eyes, with mixed feelings in his heart.

  Xia Jingxing scratched his head, there is a sentence I don’t know if it is inappropriate to say it!

  It is indeed a big villain who often kidnap local governments and smash countless retail investors. Should I leave this to dig a hole for me?

  The thought of BOE burned 400 billion yuan, Xia Jingxing's head was dizzy, unable to hold it! I really can't hold it!

   "Actually..."

  As soon as Xia Jingxing spoke, she was interrupted by Huang Dongsheng waved his hand, the latter's expression was solemn: "Mr. Xia, I understand, you let me slow down."

  Xia Jingxing: "..."

  Zhang Xuebing raised his head and looked at the crystal ceiling, but he did not laugh until he held back.

  (End of this chapter)