A strong technological nation starts with repairing mobile phones

Chapter 75: The market value plummeted by 2 billion!

Chapter 75: A % plunge, with market value evaporating by billion!

"Manager Cheng, I'm so sorry for what happened last time!"

In the Tiansheng Optical Learning Room, a woman stood up immediately when she saw Cheng Ting and whispered.

Cheng Ting really didn't expect that she and Liang Lu would meet again so soon, and she never expected that the situation would be like this when they met again.

What he didn't expect was that Liang Lu would come up and apologize directly, and the attitude he displayed was completely different from last time.

"Manager Liang, you're joking." Cheng Ting gestured for the other party to sit down first before saying apologetically, "I was rude last time. I should be the one apologizing to you."

Cheng Ting said this from the bottom of her heart, without any ulterior motives from Liang Lu.

As a workplace elite, Liang Lu is naturally very intelligent to be able to work as the purchasing manager of VVII Group. Just by looking at Cheng Ting's tone and expression, she knew that the other party was truly apologizing from the bottom of her heart and did not hold a grudge against her attitude last time.

"Last time I thought..."

"Manager Liang, what happened last time is over, how about we just leave it at that?

Seeing that the other party wanted to say something, Cheng Ting immediately reached out to interrupt him and said with a smile.

During this period, Cheng Ting was different every day, and her work and sales experience improved rapidly every day. She knew that the problem was with her, so naturally she didn't want the other party to continue to worry about it.

Liang Lu looked deeply at the person opposite her who was nearly 20 years younger than her, and made sure that the other party really didn't care. She felt very impressed with her in her heart. After all, if she was ignored like this, she would not let it go so easily when she became powerful, even if the problem was with her at that time.

"Our company is very interested in your anti-reflective glass panel, so we want to cooperate with you!"

Liang Lu slowly stated the purpose of this trip.

VVII Group already knew through Fang Chengguang that OOPP Group's next-generation flagship phone would be equipped with this glass panel and that mass production had already begun. At that time, their company's top management immediately became anxious and decided that their next-generation flagship phone would also be equipped with OOPP's glass panel products.

Liang Lu is the vanguard sent by VVII. His purpose of coming here is just to reach a cooperation intention. What he needs to wait for is the R&D department to connect with him. Only after confirming that there is no problem with the sample parameters will he formally place an order for mass production.

Cheng Ting was not surprised by Liang Lu's purpose. During this period of time, she had come into contact with too many people who were simply out of her reach before, and their purposes were almost the same.

"We at Tiansheng Optics are very fortunate to be recognized by your company. I wonder what your cooperation is about?"

As VVII is one of the giants in the domestic mobile phone industry, Cheng Ting would naturally not refuse to cooperate.

"I heard that your company's mid- and low-end glass panels are also excellent, and the price is very competitive. I wonder if Manager Cheng can give me a rough quotation?"

The first thing Liang Lu talked about when discussing cooperation was actually mid-to-low-end panels, which made Cheng Ting a little confused as to whether the other party was really aiming for mid-to-low-end products or anti-reflective glass panels.

After a few seconds of daze, Cheng Ting came to her senses and immediately started to get into the mood and started chatting about business with the other party.

Cheng Ting did not give the quotation directly, but asked about the order details and suggested that each order had a different price.

Liang Lu had no objection to this and directly told the company's first quarter order situation. After getting the detailed data, Cheng Ting took out her mobile phone and started calculating in front of the other party. In less than a minute, she directly reported a few numbers to the other party.

"Is this the final selling price? Including VAT?" Liang Lu looked at Cheng Ting in disbelief when he heard the number was only between 3 and 8.

"That's right! We are a formal enterprise and we will issue a VAT invoice for every order!

Liang Lu was shocked when she got the exact answer. As the purchasing manager, almost all the company's large purchases went through her hands. She naturally knew the company's current purchasing costs for glass panels for mid- and low-end models.

Now, when we compare the two sides, the cost is more than 30%, and the company will gain several more target profits every year.

Although Liang Lu also wanted to decide on the cooperation immediately, she could only suppress this impulse when she thought of the real purpose of her trip.

Then she went straight to the point and said that VVII was preparing to purchase anti-reflective glass panels for the next generation of flagship phones.

When business came to her, Cheng Ting naturally had no objection and immediately began to have further discussions with the other party. The conversation lasted for nearly an hour, and in the end the two parties directly signed a letter of intent for cooperation.

Before leaving, Liang Lu added Cheng Ting's personal contact information, suggested that they could go out together when they were free, and also said directly that he was very optimistic about Cheng Ting's future.

……

Born has been in a precarious situation during this period, especially after the Geek Bay video became popular. Later, it was reported that Tianma Microelectronics Group and Tiansheng Optics had reached a preliminary cooperation intention.

In the meantime, they lost the low-end orders from Tianyin Group and OOPP, and these things were directly reflected in the company's stock.

Currently, the share price of Born Optics listed on the Hong Kong stock market has fallen by nearly 20% compared to before Tiansheng Optics' first round of financing.

Although 20% may not seem like a high number, you should know that the original market value of Born Optics was nearly 120 billion yuan. 20% is about 25 billion yuan, which means that nearly three Tiansheng Optics have evaporated.

Although Qiu Chunqin knew that Tiansheng Optics would have an impact on Borne, she never thought that the impact would be so great that it would directly cause more than 2 billion yuan of her wealth to disappear out of thin air.

"Chairman, many of our customers are currently considering changing suppliers. They all say that our prices are too high, and they seem to want to use Tiansheng Optics to force us to lower our prices!"

At this time, there were only Qiu Chunqin, Qiu Shujie and Zhang Hequn in the office, and it was Zhang Hequn who was talking.

He looked very unhappy. On the one hand, he was afraid that his performance would displease Qiu Chunqin, and on the other hand, he felt dissatisfied with the client for taking advantage of his misfortune.

At this moment, Qiu Chunqin suddenly envied her peer Lens Technology, which was solely focused on clinging to Corning and Fruit Group instead of developing low- and mid-end products like herself.

In the past, I always laughed at the other party for being too narrow-minded, and I was doomed to be eliminated once I was abandoned by Corning and the Fruit Group.

Judging from the feedback from the stock market, she has always felt that what she thought was correct. The fact that the other party owns 70% of Corning Group's orders but the market value is only half of Born's can be seen that the market is more optimistic about Born.

Looking back now, Lens Technology has not been affected by Tiansheng Optics at all in the past few days, and has even increased slightly by nearly 1%.

On the other hand, once these orders were snatched up, Born's performance dropped by 20% before it was even announced. It is unknown how much it will drop by when the second quarter's performance is announced!
"Tell all our old customers that we are giving back to them by offering a 40% discount on all orders placed in the next three months!" Qiu Chunqin suddenly said!
(End of this chapter)

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