A strong technological nation starts with repairing mobile phones

Chapter 129 Goldman Sachs! Going public?
In November, the weather in Dongguan City is gradually getting colder.

A convoy of more than a dozen vehicles drove at a constant speed on the roads in Dongguan City, and soon drove into the Jingqing Industrial Equipment Company, which had recently changed its signboard.

"Mr. Chen, we're here!"

As soon as the car arrived, Lu Hanwei hurriedly woke up Chen Jinghong who was taking a nap.

Chen Jinghong opened his eyes and rubbed his face with his hands.

"Well, let's go down when we get there!"

Today, Chen Jinghong and Lu Hanwei came to inspect the equipment factory that they had just acquired.

Of course, this was not the first time that Chen Jinghong came here. He had come here in person when Tiansheng Optics was ordering equipment.

He also saw that the company had complete equipment and strong technical capabilities, which was why Lu Hanwei spent a large sum of money to acquire it.

Incorporate this company into Jingqing Industry.

At this time, a group of people were already standing outside the car door. When Chen Jinghong opened the door and got out, he immediately received warm greetings.

After getting off the car and exchanging a few words with a few people, Chen Jinghong and others officially began their inspection.

"Pay attention here, it's too dangerous, you must strengthen your safety awareness and have the necessary safety equipment.

Jingqing Industry does not want any of its workers to suffer work-related accidents. If any work-related accident occurs, it will be subject to level five penalties!

The company's general manager will not receive performance bonuses for three months!"

When Chen Jinghong arrived at the factory, he saw several people carrying castings with their bare hands.

Not only were there no lifting equipment during the operation, the workers didn't even wear safety shoes.

His face changed drastically and he angrily scolded the newly promoted general manager.

"Mr. Chen, I'm sorry, I'll have someone change it right away!"

The middle-aged man's forehead suddenly broke out in sweat, and he quickly lowered his head to make a promise.

At this moment, he also felt wronged!
Although I wasn’t the general manager before, hasn’t this been what I’ve been doing from the beginning until now?

Is it necessary to spend tens of millions to install safety tools for these castings?
This money is enough to pay for hundreds of work-related injuries.

Chen Jinghong pointed at these people and said, "Immediately rectify and inspect yourself internally. All dangerous work will be stopped immediately and restarted after rectification!"

Just now Chen Jinghong mentioned the fifth level, and no one thought it was a big deal except for the general manager of the company.

But when Chen Jinghong asked to stop the work immediately, everyone's faces changed drastically.

Lu Hanwei quickly persuaded him, "Mr. Chen, we are currently building a production line for Tianma. If we stop working, it will affect the delivery process!"

Lu Hanwei was completely convinced at this time. Before coming, he knew that this new boss really did not understand management.

His work might be difficult in the future, but thinking of the future prospects of Jingqing Industry and the status of his original company, he resolutely resigned and joined Jingqing Industry.

Only after joining Jingqing Industry did he fully understand how naive his boss was.

Many unnecessary decisions are made!
"I recruited them and paid them a high salary in the industry so that they can solve problems. If they can't even solve this reasonable problem,

Then they can just quit!"

Chen Jinghong stared at Lu Hanwei and said directly.

As soon as these words were spoken, the scene fell into silence and no one dared to say another word.

At present, apart from other things, the salary and benefits of Jingqing Industry are really good. Not only their senior management but also the grassroots employees are paid more than 50% higher than those in the same position in the same city.

With such high salaries every month, they naturally don't want to leave just like that.

"Let's go!"

After watching a group of senior executives walk out and ask the employees to stop working, Chen Jinghong shouted to everyone.

The atmosphere of the following inspection was still not as relaxed and happy as before. Even Lu Hanwei, whose position was just below Chen Jinghong, was on edge.

At this moment, he had already started thinking about changing many of his styles, and other branches should also be notified immediately to make corrections.

Soon a morning passed and Chen Jinghong and others finally completed their inspection.

Chen Jinghong did not accept the dinner invitation from the company's senior management and directly ordered the convoy to return to Pengcheng.

Dongguancheng is only about an hour away from Pengcheng, and Chen Jinghong still needs to rush back to the head office.

……

"Since this month, our company's business has dropped sharply. Sales of both mobile phones and tablets are only 50 to 70 percent of what they used to be!"

At the OOPP Group's high-level meeting, Zhao Wencai was sitting on Huang Qifan's right and slowly reporting data.

“This is not a big problem. The main reason is that CMTL has begun to appear in the eyes of consumers, and most consumers are waiting for mobile phones using MCTL displays to be released.

Update your phone again!"

“Mr. Li is right. There are two solutions at present. One is to wait for the MCTL to cool down. When consumers forget about the MCTL display, they will not want to wait.

Of course, this has a big disadvantage. If a company launches a mobile phone with an MCTL screen during this period, it is very likely that the market will be snatched away by the other company.

So we should implement another method, add MCTL display screen, and immediately develop our first OOPP mobile phone equipped with MCTL screen! "

"I support this. I suggest that the flagship series that has been suspended should just give up OLED and resume research directly, but change the Xiaomi screen to MCTL!"

“I disagree. Currently, MCTL only has a small batch of demonstration machines, and it is hard to say whether it can be mass-produced.

Even if Jingqing Industry has already achieved mass production and Tianma's mass production line is already under construction, it is estimated that it will take several years.

We don’t have that much time to wait. The mobile phone industry is changing rapidly and we must seize every opportunity.

I suggest launching the next flagship phone as soon as possible to increase our sales.

As for MCTL, we will follow up soon once it reaches full mass production.”

The meeting room soon began to engage in a frenzy of discussion.

Huang Qifan frowned as he watched the managers of several of his product lines arguing with each other, feeling very impatient.

At this moment, he wished he could go to Pengcheng and beat Chen Jinghong up in person.

Since Chen Jinghong came out, he made a folding glass last time, which made his OOPP invest a lot of money in the research and development of folding screen mobile phones.

This product has just been developed and is about to be released for mass production and marketed.

Then they came up with the MCTL display technology, which put OLED foldable screen phones into an embarrassing situation.

Should they launch this or not and wait until the MCTL folding screen is launched?

……

When Chen Yanshun met with Lu Hanwei, he proposed that BOE agree to all requirements in order to obtain authorization.

The development of Jingqing Industrial and MCTL display technology remains unimpeded.

《BOE embraces MCTL and officially signs a contract with Jingqing Industrial! 》

"BOE paid 30% of the shares to purchase the MCL display technology license, and will have to pay Jingqing Industry 20% of the patent fee for each subsequent product. What is the difference between Jingqing Industry and foreign capitalists!"

"The pride of the Chinese people? Pah! They should be called the domestic version of the black-hearted blood-sucking business patent hooligans! Come in and listen to the editor's detailed account of Jingqing Industrial's dirty laundry!" "30% of the licensing fee! It's not enough, they also need 20% of the subsequent product sales price! Where does Jingqing Industrial get the confidence to set such a price!"

"Boycott Jingqing Industry, you and I have the responsibility!"

After BOE joined MCTL, many stickers and videos clearly targeting Jingqing Industrial suddenly appeared on the market.

These articles and videos directly criticized Chen Jinghong as a typical unscrupulous businessman. They all suggested boycotting MCTL and demanded that Chen Jinghong's Jingqing Industry should selflessly contribute the MCTL patent.

Allow domestic manufacturers to produce and bring down the price of MCTL.

……

Mission Hills, villa area!
Xu Qian was playing with her phone when she suddenly said angrily:

"These are really excessive. Don't you think that the money OLED pays to those foreign companies every year is less than what we ask for?"

"Mom! Who made you angry? Yuanyuan will help you scold him!"

Chen Yuanyuan immediately stood up from the carpet, put down the doll in her hand and asked curiously.

"Humph! These people have nothing to do all day and just curse at Dad. How about we curse them to death together?"

"Yeah! Yuanyuan helped Baba scold them to death!"

Chen Jinghong was sitting next to her at this time and immediately understood what Xu Qian was talking about, but he didn't care at all.

Xu Qian and Chen Yuanyuan, on the contrary, became addicted to cursing, and kept cursing the haters who posted and watched the videos in different ways.

After more than ten minutes, the two finally got tired, and Chen Yuanyuan lost interest and ran back to the big carpet to play.

"Hubby, why don't you say anything? These people are really going too far. They actually want you to donate MCTL for free.

Those who say this don't just donate all their money!"

Chen Jinghong put his arm around Xu Qian and said nonchalantly, "What can I say?
Curse with you? There's no need. These people can't kill me, they will only make me stronger."

"Hey!" Xu Qian smiled and hugged Chen Jinghong, and suddenly asked: "Husband, you said that the MCTL display screen is so strong that it can't be broken or scratched!

It seems that there is no need to apply protective film in the future. What should our protective film company do?
Liquidation and bankruptcy? "

As one of the first people to come into contact with the MCTL prototype, Xu Qian was very clear about how strong and scratch-resistant the display screen equipped with the latest glass produced by Tiansheng Optics is.

These days, she has been thinking whether her protective film company will no longer have value by then.

Chen Jinghong stretched out his hand to scrape the tip of Xu Qian's nose and said with a smile:

"Don't worry! Most consumers won't believe our manufacturer's data anyway.

Even if we tell them in no uncertain terms that there is no need to put a protective film on the product, these consumers will still put a protective film on it after buying it.

It will not make products like tempered glass disappear!"

After hearing this, Xu Qian finally felt relieved and nodded to show that she understood.

……

Goldman Sachs Greater China Division.

Li Zhen recently handled the business of a domestic company that wanted to go public on NASDAQ.

He had just rested for less than two days when he suddenly received a notice from the company that there was a new business that they wanted him to be responsible for!
"Tiansheng Optics?" Li Zhen frowned and said, "I remember that Tiansheng Optics has only become famous in the past few months!"

“Yes, it has been tepid in the hands of founder Zhao Bo for many years. This year, Tianshengguan was sold in its entirety to Chen Jinghong.

Soon after, they received the favor of Tianyin Group and OOPP Group to invest in their first round of financing.

Then we successfully developed anti-reflective glass, folding glass substrates, etc. We are now a very mature company!"

During a remote computer conference, a woman slowly introduced Tiansheng Optics in English.

Li Zhen looked at several headquarters executives on the computer screen in surprise and asked, "Why did the headquarters suddenly think of contacting Tiansheng Optics?
Could it be that the other party has already thought about going public? Has he contacted the headquarters?"

"No!" The woman shook her head slightly and said, "This is a task assigned by the CEO. You must convince the board of directors of Tiansheng Optics to agree to Tiansheng Optics' listing on NASDAQ.

And you can assure them that we, Goldman Sachs and Morgan Stanley, can take the contract!"

"Understood! I will contact the other party's senior management immediately!" Li Zhen nodded and said.

After listening to what the woman from the headquarters said, Li Zhen did not think that this mission was difficult.

Institutions such as Goldman Sachs and Morgan have made such guarantees. Consider the background of the person behind Goldman Sachs in Nasdaq.

To be honest, as long as the shareholders of Tiansheng Optics give the nod, then listing on Nasdaq will be a sure thing.

After accepting the task, Li Zhen immediately began to study Tiansheng Optical Data.

When I learned that Chen Jinghong, the actual controller behind Tiansheng Optics, had rarely managed Tiansheng Optics.

All recent business was handled by Zhao Wenshu, and his first goal was to find a clerk.

He believes that as a company executive, especially an almost professional manager, he controls the entire company himself.

Zhao Wenshu would definitely not reject the listing plan he brought at this time.

If it hadn't gone public, even if Zhao Wenshu had a higher status in Tiansheng Optics, he would have just been an employee receiving an annual salary, with at most a little bonus.

But if the company goes public, then given his status the company will have to give him some shares symbolically, and then his wealth and status will be different.

When Zhao Wenshu received the meeting invitation from Li Zhen of Goldman Sachs, he started to have all sorts of wild thoughts.

He remembered very clearly that his boss Chen Jinghong didn't seem to have any intention of going public at that time.

I probably won't go to these institutions, so if these institutions come to me, that wouldn't it mean...

It will be almost no problem for Tiansheng Optics to be listed on NASDAQ!
"Boss Zhao, I never thought that you, at such a young age, could be in charge of a company with a market value of over 100 billion!"

"Manager Li, you are joking. My boss, Mr. Chen, is in charge of the company. As for me, I am just trusted by him and I am just helping to look after the company!"

Hearing Zhao Wenshu's explanation, Li Zhen smiled knowingly.

“The main purpose of looking for you this time is to ask whether Tiansheng Optics has plans to go public.

After observation, we at Goldman Sachs believe that Tiansheng Optics fully meets the Nasdaq listing requirements.

As long as your company has an idea, we at Goldman Sachs can take full responsibility!"

Li Zhen came on with full firepower and made his purpose clear directly.

Zhao Wenshu saw that it was just as he had imagined, and he couldn't help but feel a little excited.

But at this moment he still knew the big and small Wang, so he could only smile and say: "Manager Li, I'm really sorry, you found the wrong person for this matter.

I can't make the decision at all, you need to ask our boss!"

"I believe that your ideas are also very important, Mr. Zhao. After all, your boss, Mr. Chen, will also value your ideas, right?"

Li Zhen flatters slightly!

The more Zhao Wenshu listened, the more he felt something was wrong, and he soon realized that Li Zhen wanted him to die!
If it was Chen Jinghong a few months ago, he might think that Chen Jinghong would take his ideas seriously.

But he met Chen Jinghong a few days ago, and he knew that the old Chen Jinghong was gone.

I also understand that my attitude and method towards Chen Jinghong cannot be the same as before!
(End of this chapter)