Rebirth of Northern Technology

Chapter 645 Qin Shiqilu

Los Angeles, USA.

Federal Bank Building, 33 floors, full-color LCD US headquarters.

Luo Weining, Ding Weiting and others performed a short cut ceremony at the door, took a few photos, and then turned back to the meeting room.

The opening of the U.S. headquarters marked the beginning of a new phase for Full Color.

The company’s center of gravity began to tilt toward the United States.

A large proportion of the company’s share composition, important latest production capacity, etc., are in the United States and Europe. The main market is here, and it is imperative to establish overseas headquarters just for tax avoidance considerations.

After several rounds of discussions with investors, there is the headquarters behind me.

Back in the conference room, several Chinese management members gathered together to discuss the next step.

The American shareholders are coming in formidable.

They put forward many requirements, such as a series of requirements such as board seats, chairman of the board, and chief financial officer, all of which were placed in front of Ding Weiting.

Ding Weiting came to the United States this time without bringing too many people.

I thought it was a simple patrol trip, but as a result, there was a banquet hidden here and a group of swordsmen and axemen ambush!

————

“Sit down, what else do they want?”

In the face of tremendous pressure, the ribbon-cutting ceremony that should have been extremely festive has become dull.

“That’s it for the time being, but I estimate that at the end of the year’s shareholders meeting, there will be problems if it is not done.”

Luo Weining has been running around these days.

Qin lost his deer, and the world was surrounded by herds.

Due to the Industrial University and its allies, it unknowingly lost its status as a major shareholder. Therefore, the control of the company has a delicate situation.

Several consortia and funds are ready to take action. But when the incident happened suddenly, no one was ready, and the families were still in the planning stage, which gave the management a chance to breathe.

“What’s the danger?”

Although Ding Weiting’s business operations were not considered successful, he did not lose money in vain. After arriving in the United States, he immediately corrected his mentality and went all out to dismantle the bomb.

“I think the biggest danger comes from the beginning of next year.”

Luo Weining contributed the research results of herself and a group of colleagues.

She actually struggled for a long time.

With her identity as the founder, no matter who is in charge, her vase identity will not be shaken.

After the new management team is in place, there is an urgent need for candidates who can communicate with the middle-level Chinese.

Luo Weining has maintained a good personal relationship with former Boy Scout members and middle-level managers of the University of Technology Department. If she changes to the court, to some extent, she can be regarded as taking refuge in the army.

Coupled with her appeal, her status and right to speak will only rise, not decline.

In fact, neither Bai Xuecheng nor Ding Weiting paid much attention to her. In their eyes, her experience as a counselor in those few years was nothing.

But Luo Weining finally decided to stand on Ding Weiting’s side, even though everyone had nothing to do with it.

Zhang Yan played a key role in it. A few words of Zhang Yan kept echoing in her ears:

“Full-color looks like a lot of flowers, and the leader in the LCD industry is actually just a snowman. When the sun comes out, it will soon be revealed!

The core technology of the LCD industry has always been in the hands of several equipment factories controlled by the University of Technology.

Moreover, the University of Technology still has Lin LCD as a spare tire. If the United States really wants to kick out of the power of the University of Technology, the spare tire will become normal. ”

However, Luo Weining can’t afford to talk to American shareholders and investors about these remarks. Because they are all agents. Maybe, at the next meeting, some people will cash out and leave.

But she also had a different mind.

————

“why do you say so?”

Ding Weiting takes over the full-color LCD, and is expected to encounter many problems, such as cultural collisions, habit adaptation, and counterattacks from the whites.

He also prepared a countermeasure, the biggest one is Xiao Gui Cao Sui. Do not touch the original management system and structure, and do not touch the cake of vested interests.

But what he didn’t expect was that the problem did not come from inside, but from outside!

This makes him feel a little bit nonsense.

These foreigners, just take dividends honestly, and actually interfere with the management of the company.

Because he has been operating independently in Fengtian, the Optoelectronics Headquarters and the University of Technology are in a state of out of control for him.

Even this time the company merged, everyone didn’t talk about shares and equity. To show the facts and to be reasonable is to rely on favor and face to get things done.

Therefore, he did not have a personal understanding of the role of shareholders.

When are there such things as shareholders?

This makes him very uncomfortable.

Fortunately, the full-color management system is all on his side, otherwise he would really have a black eye.

“According to our estimates, in the fourth quarter, until next year, or even longer, there will be a major decline in the LCD market.

Both Japan and South Korea have entered the market with a batch of new production capacities, and our most profitable piece, workstations and minicomputers, have shrunk significantly. At that time, our financial statements will be ugly. ”

The biggest source of full-color profit comes from the 3rd generation line, 19-inch LCD screen.

Although the profits of the fourth-generation line and the fifth-generation line are large, the sales base is too small. TVs that cost tens of thousands of dollars in motion are an out-and-out luxury.

The main sales target of the 19-inch LCD screen is in the TV market, but it is not the mainstream. After all, at this size, the price of CRT TV is very low.

Therefore, the 19-inch LCD screen market is mainly based on workstations and minicomputers. The price of a 20-inch CRT high-resolution monitor is not cheap. Therefore, the third-generation line of products has large sales and profit margins.

However, with the rise of PCs, especially the release of Windows 95, the workstation and minicomputer markets have been significantly impacted. The markets on both sides are ebb and flow. Many manufacturers have stopped purchasing, and they need to digest inventory.

This destocking cycle may last for six months to one year.

————

“The company’s performance is not good, what does it have to do with the management? This is not caused by me. The market is like this.”

Ding Weiting did not understand.

“I got a piece of news. If there are two consecutive quarters of performance decline, several US directors will join hands to request a change.”

“If they change their generals, can they reverse the impact of the LCD market cycle?”

“They can’t affect the LCD market cycle, but they can affect the company’s financial statements!”

“How does it affect?”

“They can reduce R&D costs, reduce investment in new production lines, suspend new lines, and upgrade old production lines, and reduce the scale of cash expenditures. In addition, they require replacement of equipment suppliers, require shopping around, and so on. The company’s financial statements, You can change and change quickly.”

“Isn’t this a number game?” Ding Weiting didn’t believe what he heard. “They want to change suppliers?”

“Yes, change the supplier! Manufacturers in the US, Japan, and Europe can also provide the equipment needed by the LCD industry. Moreover, the payment methods they require are more flexible, which is very helpful to improve the cash flow of full-color!”

Deferred payment is the norm in Europe and the United States. If each supplier really needs funds, just go to the bank for financing with the contract.

However, if the same thing is put in China, the result is completely different. The biggest difference is the difference in interest rates between China and the United States.

In China, normal residents can get 20% interest on fixed deposits. Interest on borrowing funds is almost going to heaven.

“I will think about this again!”

The few pieces of information Ding Weiting provided to Luo Weining were unexpected.

With these few measures, he was really helpless.

If you switch to a new person to do it, they can do it, but Ding Weiting can’t do it.

Without it, stand!

Quancai is not only a liquid crystal company, it is actually a cash cow in the semiconductor industry of the University of Technology!

Its orders for subsequent semiconductor equipment have been transformed into funding for several equipment and instrument companies, which in turn supports the development of the entire semiconductor industry of the University of Technology.

Lin Weifang put it plainly, it is the full color that was raised through profit transfer!

Now, as soon as Ding Weiting took the stage, he broke the chain of benefit transmission. How do you explain Lao Bai?

How do you explain to the University of Technology?

The room fell silent, and no one spoke.

“How sure is it that things will happen?”

Ding Weiting smoked two cigarettes in a row, but did not see any solution.

This is a conspiracy, you can see it, but you can’t solve it.

“Seven percent!

If Mr. Bai is here, maybe he will be given one or two more opportunities. But by the middle of next year, the workstation market has not improved, and he will face the same problem! ”

“So, one side is our job, and the other side is the interests of the University of Technology? How did we get to this point?”

Ding Weiting gave a wry smile. It was the second time he faced this situation.

The last time he faced acquisitions by Koreans and Japanese, he withstood the pressure, and the result was the acquisition by Quancai.

If he stands up again this time, where is his escape route?

No one can answer.

In fact, all domestic managers are flowers in the greenhouse. No one has seen what an economic crisis is like.

Ding Weiting is already one of the best. At least he has personally experienced a round of market decline.

————

“If things are really irreversible, what do you do?”

Luo Weining left a deep impression on Ding Weiting, and Lao Bai still left him a lot of elites.

“Actually, I also want to tell you about this. I may join the wafer next year. Lin wafer is preparing to raise funds and go public. I may be able to help. Zhang Yan called me.”

“Oh, all right! At least I have more than half a year.”

Ding Weiting stood up.

“Thank you for telling me so long in advance. Maybe by that time, I had already left before you. Haha!” Rebirth The latest chapter address of Beiguo Science and Technology: https:// /book/128175.htmlReading the full text of Beiguo Science and Technology Address: https:// /read/128175/Rebirth of Northland Technology txt download address: https:/ / /down/128175.htmlRebirth of Northland Technology Mobile Reading: https://m. . com/read/128175/In order to facilitate the next reading, you can click “Favorites” below to record this time (Chapter 645 Qin Shiqilu) Read the record, you can see it next time you open the bookshelf! If you like “Rebirth of Northland Technology”, please recommend this book to your friends (QQ, blog, WeChat, etc.), thank you support! ( )