A strong technological nation starts with repairing mobile phones

Chapter 128 The first company to take the plunge!
"Mr. Li, do you want Huaxing to be eliminated along with OLED, or do you want Jingqing to join MCTL Display Technology and become the leader in the global display industry?"

When Lu Hanwei said this with a smile.

Li Dongsheng reacted quickly, yes!

At present, it seems that AMOLED displays are on the decline.

At this moment, I am still worrying about shares and subsequent interests. The most important thing right now should be thinking about how to survive.

Normally, a product’s technological innovation is likely to be besieged by old technologies.

For example, at this moment, all the foreign display industry giants have begun to study how to kill Jingqing Industry.

But as a Chinese, Li Dongsheng understands it very well.

As long as the MCTL display technology is available and the production cost is not too high, the government will definitely provide Jingqing Industry with a series of support in the future.

Not to mention the foreign market, even in the domestic market alone, whether it is the mobile phone industry, the computer industry or the television industry, it is impossible to ban MCTL.

If any company dares to stand out, such as Huaxing Optoelectronics and join forces with veteran OLED manufacturers to target Jingqing Industrial.

It is estimated that in less than an hour, someone will appear in front of Li Dongsheng.

After all, all of MCTL's technologies, from top to bottom, were independently developed by Jingqing Industry in China, and it has all the patented technologies in hand.

This has extraordinary strategic significance. After all, the government used to feel very distressed as it had to watch companies like CSOT and BOE pay patent fees to foreign countries every year.

It's a rare opportunity now, and the officials of Jingqing Industry will definitely continue to support it.

Li Dongsheng changed the subject and asked, "Can I know how much each MCTL costs?"

Lu Hanwei smiled and said, “I can only say that even if we add 20% of the patent fee, the cost will not be higher than the current cost of OLED screens!”

“Lower?”

Li Dongsheng looked at Lu Hanwei in disbelief. He really couldn't imagine that the cost of this newly developed MCTL technology would be much higher than the currently very mature OLED display screen.

Since the cost is low, it goes without saying that the profit of MCTL display screen must be higher than that of OLED display screen.

After all, MCTL products offer better experience, and as long as these manufacturers are not fools, the price will definitely not be lower than OLED.

Li Dongsheng finally decided to agree to Lu Hanwei's conditions, but it was obvious that he had no say in this matter.

After talking to Lu Hanwei, CSOT quickly convened another board meeting.

……

Chen Yanshun soon came to Jingqing Company on behalf of BOE to discuss authorization matters with Lu Hanwei.

When Lu Hanwei proposed the same conditions to Huaxing Optoelectronics, Chen Yanshun's reaction was similar to Li Dongsheng's.

At first, he wanted to get up and leave, but in the end he endured it and started negotiating with Lu Hanwei, trying to lower some of the conditions.

Unfortunately, after three days of talks, Lu Hanwei did not make any concessions.

Later, he was simply hung out and told that he would not be willing to negotiate again unless he agreed to this condition.

……

Pengchengwan Innovation Technology Building, Jingqing Company!
Liu Zihong stood respectfully opposite Chen Jinghong and said:

"Mr. Chen, it's my honor to meet you!"

Looking at Chen Jinghong who was full of vigor and vitality at this time, Liu Zihong couldn't help but feel jealous.

He just couldn't understand it, as both of them were clearly engaged in the research and development of new display technologies.

Why is it that after seven or eight years and tens of billions of dollars of investment, the outside world is still dismissive of Royole?

This forced him to build his own production line in order to prove that there was no problem with Royole's display technology.

It is clear that in the first half of this year, the situation was still very hot.

In the second half of the year, Chen Jinghong's Tiansheng Optics appeared and directly killed Royole.

And why was Chen Jinghong able to reach the peak as soon as he debuted and why was he favored by everyone as soon as Tiansheng Optics was established?

Chen Jinghong sold 3% of his shares to Dami Technology and had less than 2 billion yuan in funds. How could he develop the MCTL display technology and once again attract global attention?

"Please sit down!" Chen Jinghong said with a smile as he looked at Liu Zihong who was already a little dazed.

This time, Chen Jinghong asked Liu Zihong to come over to discuss the sale of Royole's Pingshan factory in Longgang District.

Originally, we planned to let Tiansheng Optics acquire the other party's factory, but the plan could not keep up with the changes.

The Pengcheng government suddenly gave Jingqing Industry a low-interest loan of tens of billions of yuan.

With this loan, Jingqing Optoelectronics has the money to build an MCTL production line.

Chen Jinghong immediately set his sights on Royole’s factory.

"I called you here this time because I want to talk to you about the acquisition of the Royole Pingshan factory!"

Chen Jinghong went straight to the point and proposed to acquire the Royole factory.

Liu Zihong understood Chen Jinghong's purpose before he came, so he was not too surprised to hear this.

In fact, during this period of time, Zhao Wenshu had been dragging him, but he did not sit idly by and wait for death. He had been looking for other institutions, but unfortunately no company was interested at all.

So Liu Zihong couldn't help but feel relieved about the idea of ​​Jingqing Industrial's acquisition.

After all, by selling the factory, at least the suppliers' payments and employees' wages can be paid, and the rest can be used to pay convertible bonds.

The only ones who suffered losses were the capital investors, so he was still much better off.

One was interested in buying, the other was anxious to sell, and the two parties quickly reached an agreement.

The entire factory, including a large amount of equipment, was sold as a package for 1.2 billion yuan. This factory and production line, which originally cost 70 to 80 billion yuan, welcomed its second owner.

The acquisition procedures went very smoothly, especially when the Longgang officials learned of Chen Jinghong's idea.

Someone was immediately sent to find Chen Jinghong to ask if he had any funding needs. Although they were only in the district, they could still provide support of 10 billion or 800 million.

After hearing this, Chen Jinghong simply smiled and refused the other party. He really didn't expect that so many people would be so eager to come to his door and give him money.

However, for the money that needed to be repaid, Chen Jinghong decided to take less.

When the 1.2 billion yuan of funds was transferred to Royole's account, the contract signed by both parties came into effect.

The name and logo of Royole in Pingshan District were removed on the same day and replaced with the name of Shangjingqing Optoelectronics.

MCTL's first generation production line was immediately put into operation.

The equipment factory acquired during this period also began to produce MCTL production line equipment at the request of researchers such as Lu Youjiang.

……

"The Asan Industrial Park project must be stopped immediately, otherwise this investment of more than 4 trillion won will be the biggest loss for our Six-Star Group!"

Choi Si-young of the Korean Six-Star Group raised a question at a high-level meeting at the head office.

Due to the rapid development of OLED in recent years, Four Star invested in it last year.

They will invest 215 billion won (2026 billion) in the Asan Park in Korea to build an eighth-generation AMOLED panel production line. Of course, the eighth-generation production line technology is not yet perfect, so the park plans to complete mass production in .

This year, the Sixing Group has only started to build the periphery, and the investment is not too much!

Han Zhongxi, CEO of Sixing Group, also stood up and said, "Based on the current situation, I think it is necessary to suspend the Asan Park!"

Before the meeting, Choi Si-young had personally reported the MCLT matter to Han Jung-hee.

And provided a lot of evidence and physical demonstration machines to make Han Zhongxi understand that MCTL technology does have the opportunity to replace OLED.

Therefore, he also supports stopping investment in the Asan Industrial Park.

The CEO nodded in agreement, and the rest of the people naturally had no objections and immediately nodded in agreement to the proposal.

It was decided to immediately stop the construction of the Asan Park and wait and see how Jingqing MCTL technology develops.

……

Less than a month after the press conference, the first company to obtain Jingqing Industrial's MCTL display screen authorization was finally announced.

When the news got out, almost everyone was surprised when they heard the company's name.

'Tianma Microelectronics!'

The first one decided to pay 30% of the shares and accept 20% of the sales price as patent fee to Jingqing for each screen. The company that obtained the authorization turned out to be Tianma Microelectronics, which has been very low-key recently.

This company still has a big gap compared to Huaxing and BOE.

Originally, everyone, including Chen Jinghong, thought that the first to obtain the authorization should be Huaxing or BOE. After all, these two companies are indeed stronger at present.

Among them, Huaxing and Chen Jinghong have some relationship.

"boom……"

Inside the office of the chairman of CSOT!
Li Dongsheng said angrily: "This group of stupid directors keep saying that the benefits, costs, and prices are too high!
Don’t they know that if we can’t get the MCTL technology license, we will most likely be eliminated along with OLED technology?

What's the point of them holding 100% of the shares when we lose the display industry market and go bankrupt?"

Ever since he came back from Jingqing Industry after meeting Lu Hanwei that day, Li Dongsheng convened a board meeting to try to persuade them to agree to Jingqing Company's request.

What he didn't expect was that there were so many difficulties and so far the majority of people have not agreed to it.

Seeing Tianma become the first person to try something new, he finally couldn't help but start cursing.

After cursing, he turned to the secretary in the office and asked him to convene a board meeting again. This time he decided to convince those short-sighted people no matter what.

……

"Mr. Lu, the contract has been signed. We will contact Peng Stock Exchange to explain the reason for the additional issuance of shares. We will increase the issuance by 30% as the licensing fee for Jingqing MCTL!"

Chen Hongliang looked at Lu Hanwei and said with a smile.

Lu Hanwei nodded gently and said, "Don't worry, Mr. Chen, as long as the contract takes effect and Tianma's funds are in place, Jingqing Industrial Equipment Co., Ltd. will immediately build a MCTL production line for you!"

Chen Hongliang asked: "Does this production line have the same performance as the one in your company's Pingshan Park?"

"Same!" Lu Hanwei said with a smile: "Since that line is used as a demonstration line, the production line built for you will naturally be the same!"

After hearing what Lu Hanwei said, Chen Hongliang finally let it go. This time, he paid a huge price to be the first person to try something new.

If this investment fails and MCTL display technology is not as successful as expected, he will be directly eliminated from Tianma.

On the contrary, if he succeeds, huge profits will be waiting for him, which is also the bet agreement between him and Tianma’s current major shareholder.

If you ask who gave him the confidence, it was naturally the production line in Jingqing Optoelectronics Pingshan Park.

At first they were skeptical about Jingqing Company's claim that it had achieved mass production technology, but when the entire production line was placed right in front of everyone.

Seeing the MCTL display screens being produced continuously from raw materials on the production line, this doubt disappeared.

It was at that time that Chen Hongliang made up his mind to follow Chen Jinghong's ways to the end.

"How long will it take to build the production line?" Chen Hongliang asked.

You should know that the construction of OLED production lines is almost always calculated on an annual basis. Chen Hongliang took into account how recently MCTL and Jingqing Optoelectronics had their production lines.

I still have some expectations for the production line time!
Lu Hanwei said slowly: "President Chen, have you forgotten what our President Chen said at the press conference?
More than fifty production lines with an annual output of tens of millions of blocks within half a year?

One and a half months. As long as your company has sufficient funds and the factory is ready, we can help you complete the debugging within one and a half months!
The trial production phase will be completed in two months, and you can start taking orders and ramping up mass production in three months!"

This answer far exceeded Chen Hongliang's expectations, and his face instantly showed ecstasy.

"Please put it down, Mr. Lu. The 10 billion yuan of funds have been prepared. The factory will be directly located in the OLED park in the new city in Fujian Province that we originally planned."

The cost for Jingqing Industrial to build an MCTL production line with an annual output of tens of millions is between 800 million and 1.5 billion. After discussion, Chen Jinghong finally decided to charge 2 to 3 billion for the construction fee.

Of course, these companies also need to consider construction costs and land costs. They estimate the cost per unit to be between 3.5 and 4 billion.

This time, Tianma Microelectronics has decided to replace the OLED production line originally planned for mass production in 2024 with the MCTL production line.

Therefore, the construction costs had already been paid, so this time they raised 150 to 160 billion yuan in funds and finally decided to build five 10 million yuan production lines.

These production lines will include one 100-inch, one 30-inch, and the remaining three production lines of less than 15 inches.

These sizes directly cover the entire track of mobile phones, tablets, monitors, and TVs!

Perhaps the government is very supportive of Jingqing Industry, and the Penghu Stock Exchange quickly approved Tianma Microelectronics' additional issuance of 30% of its shares.

To complete the first step of authorization, Tianma Microelectronics once again signed the MCTL production line contract with Jingqing Industry.

The contract funding scale is directly 13.4 billion yuan, and Jingqing Industry will complete the construction of five MCTL production lines within three months.

……

"I have decided to agree to Jingqing Industries' conditions and join the ranks of MCTL!"

At BOE's headquarters, Chen Yanshun called together many senior executives and announced the matter directly.

In the past few days, Chen Yanshun has thought a lot, but has not made a final decision.

Yesterday, he received an invitation from someone. He took it very seriously and went to meet with the other party at his office. After returning, he made the final decision.

The natural decision was to embrace Jingqing and accelerate MCTL technology.

"This is 30% of the shares. If we hand over such a large proportion of shares, if Jingqing Industry has any bad intentions in the future, we will be in a passive position!"

A vice president immediately stood up and said.

"That's right. Besides, even if MCTL's technology is indeed excellent, who among us can guarantee that it will definitely eliminate OELD?"

Once someone took the lead, others immediately followed and began to question.

"Chairman, we can actually wait and see what happens next before making a decision!"

"I think Chen Jinghong is too arrogant. We should join other manufacturers in a boycott and ask them to lower their conditions!"

Chen Yanshun said slowly: "We need MCTL, as a leading enterprise, we must take the lead!

I didn’t say this, it was…”

Chen Yanshun stretched out his hand and slowly pointed upwards, saying a name!
The people who were originally resisting were completely silent!
(End of this chapter)