A strong technological nation starts with repairing mobile phones

Chapter 89 Why you should miss the investment opportunity!

"Invitation for joint development of new products?" Zhang He put down the invitation letter in his hand and looked at the box in confusion. Sure enough, he saw something wrapped under the box.

Curiosity immediately drove him to reach out and take the thing out.

"What is this? Does Tiansheng Optics have other products in development besides glass panels?"

As Zhang He unpacked the package, he guessed that the Rice Group had only come into contact with Tiansheng Optics two or three times.

On two occasions, they stabbed the other party in the back. At this moment, Zhang He even suspected that this was Dad's revenge on Da Mi by backstabbing them twice in a row.

"What is this? A flat-panel display?" The moment I unpacked the package, I saw a screen inside with an instruction manual on it.

Picking up the instruction manual above the screen, Zhang He was even more confused at this moment. Isn't Tiansheng Optics an optical glass company? Why would they send a screen over?

《Flexible folding screen assembly, folding glass panel! 》

At first, Zhang He was just curious and picked up the instruction manual to see what Tiansheng Optics was doing. But the more he read, the more frightened and shocked he became.

About twenty or thirty seconds later, he put down the instruction manual in his hand and carefully looked at the screen assembly lying quietly on the packaging.

He reached out and carefully picked up the screen, an action that was more careful than hugging his wife.

After picking up the screen, he did not immediately turn on the testing equipment to light up the screen. Instead, he and many people looked carefully at the transparent glass panel outside the screen, and carefully checked the entire glass panel.

In the end, he didn't find any unevenness. The screen was just a very ordinary flat-panel display glass protective panel.

After checking, Zhang He was certain that this was just an ordinary flat-panel screen assembly, but he still folded it gently according to the instructions.

When he first started to apply force, he could clearly feel some resistance on the screen. Then the bending damping of the screen became stronger and stronger, until finally the entire screen was completely folded up.

"This...this!" Looking at the completely overlapping screen assembly in his hand, Zhang He's face looked very ugly.

As the company's CT, he knows everything about the internal affairs of the Rice Group. The Rice Group has invested so many years in the research and development of foldable screen mobile phones.

Among them, the screen selection and equipment joint manufacturers invested in several small goals. Now that this thing is out, it almost means that all the previous investments of the Rice Group have been wasted.

What also made him look unhappy was the manufacturer of the screen in his hand. Who was it? It turned out to be Tiansheng Optics.

If it were any other manufacturer, he would be very happy and would immediately take the opportunity to contact the manufacturer to strive for the first launch rights of rice.

However, in the case of Tiansheng Optics, the Rice Group stabbed the other party in the back twice. Once, it had clearly agreed to invest in the other party's first round of financing, but was disturbed by some rumors and chose to give up.

The second time was the Mi 10 phone that was about to be released this year. At that time, they all felt that Tiansheng Optics’ anti-reflection function was indeed good, and the press conference could be used as a publicity gimmick.

In addition, in order to ease the relationship with Tiansheng Optics, it was decided to purchase this glass panel. As a result, the Sixing Group directly asked them to choose one of the two. They finally chose to give up Tiansheng Optics and choose to cooperate with the Sixing Group. Although in the end, after the approval of Pengcheng officials and Huaxing Li Dongsheng, they changed their minds and decided to give up the Sixing Group and cooperate with Huaxing and Tiansheng Optics instead.

But he believed that Tiansheng Optics would never forget what the Rice Group had given up at that time.

After walking around the office twice in annoyance, Zhang He finally picked up the box and walked towards the office of Chairman and President Lei Jun, ready to throw his worries to Lei Jun. After all, it was he who made the decisions on both choices.

When Zhang He found Lei Jun, Lei Jun was making the final decision for the Rice Ecological Air Conditioning Products OEM Factory. In recent days, Rice has been becoming more and more successful in the ecological chain, covering more and more types, and the profits are naturally needless to say.

"You came at the right time. The air conditioning department sent over the information and conditions of several qualified OEM factories. Let's discuss with each other which OEM factory we should choose!"

As soon as Zhang He came in, Lei Jun immediately stretched out his hand to call him over. He was unsure of what to make and was ready to ask him for advice.

“Put those down first!” Zhang He came over and put the box in his hand directly on top of the documents. He took out the folded screen and handed it over, saying, “This is a big deal. The mobile phone industry is about to change!”

Lei Jun was just about to express his dissatisfaction with Zhang He's actions, but when the other party handed him the screen assembly.

He did not say anything, but took the screen assembly with an unhappy look on his face. Time had taught him not to easily define anything before it was confirmed.

“Is this a thing?”

"Folding screen assembly, a product that Tiansheng Optics just sent over, just open it and take a look!"

Following what Zhang He said, Lei Jun slowly opened the folding screen in his hand. At this moment, the ten-inch screen was displayed flatly in front of him.

"Folding screen?" Lei Jun felt as if he was struck by lightning, heading directly towards his brain.

"Who are you talking about?" Lei Jun quickly reacted and looked up at Zhang He and asked.

Zhang He had been prepared for Lei Jun's reaction, and said in a helpless tone: "It's from Tiansheng Optics. Along with this screen came an invitation letter. They probably want to invite manufacturers like us to develop this thing together."

"Tiansheng Optics?"

"Yes! It's Tiansheng Optics!"

"I'll list them!" After confirming twice in a row, Lei Jun suddenly slapped his thigh and said excitedly: "In this case, aren't we losing a lot? Huang Qifan's OOPP and Wang Shoujun's Tianyin are making a lot of money, right?
I remember that their company's valuation was less than 10 billion at the time, and I was lucky enough to find a bargain for them!"

Zhang He was speechless at Lei Jun's reaction. At this time he was still complaining about others making a fortune. What did other people's fortune have to do with him?

"The main problem facing us now is how to deal with this stuff. Given our relationship with Tiansheng, we definitely won't be able to eat the first batch of meat!" Zhang He could only remind.

"You said you can't eat it, so can I eat it if I make something else?" Lei Jun saw things more clearly than Zhang He and asked directly.

"Uh!" Zhang He was speechless. He couldn't find any way to refute Lei Jun's words.

"It's a huge loss, a huge loss!" Lei Jun slapped his thigh again and sighed: "Hey, we could have invested in each other at that time, and we could have made a lot of money. Now... Hey, it's really a huge loss!"

Sure enough, Lei Jun still had the same tone, and Zhang He had no chance to respond. After a long time, when Lei Jun had finished speaking, Zhang He officially got to the point and said, "For now, we should immediately stop the original folding screen project team and start again after we determine the situation of Tiansheng Optics."

After saying this, without waiting for Lei Jun to react, he said in a very serious manner: "The most important thing is that we must re-evaluate the foldable screen mobile phone market!
"It does need to be re-evaluated!" Lei Jun also nodded in agreement with Zhang He.

Now that folding screen technology has made a major breakthrough, the product has been significantly improved, and the biggest defect of the product has been made up. Although there are still some other defects, they do not affect anything.

Then this market must also be evaluated based on the latest products. After all, previous evaluations took the screen defect into consideration. Now that the defect is gone, the market will definitely be bigger, and many consumers who were not planning to buy may choose to buy it.

Getting to the point, Lei Jun also became serious, and the two quickly reached a consensus to suspend the company's folding phone project and resume research and development after Tiansheng Optics confirmed the follow-up.

The foldable phone market is being re-evaluated, and competitors' product strengths are also being re-evaluated.

Finally, they talked about the invitation letter from Tiansheng Optics. Originally, Zhang He was planning to lead the team to Tiansheng Optics himself. He is now very interested in Chen Jinghong.

But in the end, Lei Jun wanted to apologize to Chen Jinghong in person and wanted to personally bring the team to participate in the joint development meeting. Having said that, Zhang He naturally had no choice but to give up.

……

At BOE's headquarters, Tiansheng Optics initially sent the invitation letter and samples only to a senior executive in charge of product development at the other party.

It’s just that the folding glass substrate was too scary, and the news soon spread to the company’s actual controller, Chen Yanshun.

BOE's approach is more rigorous, unlike Dami's where most things are decided by Lei Jun and Zhang He, who then notify their subordinates to execute.

When the news and samples were delivered to Chen Yanshun, he chose to hold a meeting. In addition to senior management, some R&D personnel within the company also attended the meeting.

"This thing is sure to change many industries. If the parameter table sent by Tiansheng Optics is true, then many companies at home and abroad that are researching other flexible screen technologies will die immediately.

Among them, China's Royole Technology will definitely be the first to bear the brunt!
We at BOE must actively communicate and cooperate with each other and cannot fall behind in technology.”

The person who spoke this time is BOE's lifetime honorary strategic consulting chairman, Wang Dongsheng. Although he and Li Dongsheng have different surnames, his experience is much more impressive than the other.

Wang Dongsheng founded BOE in his early years. Last year, he chose to retire and handed over the position of chairman of the company to Chen Yanshun. However, due to the short time, he was invited to discuss many important matters.

“Chairman Wang is right. I have seen the parameter table of Tiansheng Optics.

In fact, even if they don’t have folding technology, their products are already ahead of current foreign companies’ products. As Tiansheng’s official downstream manufacturer, it is very necessary for us to maintain friendly cooperation with such a technologically advanced manufacturer.”

The person who spoke this time was Zhang Shuoguo, chief engineer of BOE. He is responsible for many projects within the company and many achievements were developed by his team. In the early years, Wang Dongsheng personally went to the United States to invite him to come back and join BOE!

It's not Zhang Shuoguo's fault for his attitude. When he got the sample, he was shocked. With his current vision, if he hadn't seen the sample in his hand, he couldn't imagine that a company could produce such a product.

Glass, a material with a hardness similar to that of bricks and stones, can actually change its physical properties, making such a hard material become a foldable object, and the folding angle can even reach 180 degrees infinitely. What on earth is this concept? Only those who are not familiar with technology would know.

But he has been working in technology for a lifetime, so he naturally knows the meaning of it.

"I will lead the team myself this time. Shuoguo, you will come with me. I want to personally see the person who can develop such an epoch-making product and see for myself what he looks like!"

A lot of things were discussed in the meeting, most of which were about business matters, such as the level of importance to be given to Tiansheng Optical Folding Glass, how many people should be assigned to cooperate with the R&D team, and so on.

Wang Dongsheng did not say anything about these things. Now that he had retired, he knew what he could suggest and intervene in and what he could not express his opinions on and intervene in. He knew that he could not interfere in these personnel arrangements and transfers.

However, when the meeting reached its end and the topic of discussion came up regarding the team of people attending the development conference invited by Tiansheng, he immediately spoke in a tone that could not be refused.

After he said this, no one at the scene dared to say anything. After all, those who could sit here were more or less related to him, and many of them were promoted by him.

Chen Yanshun naturally had no objection. After a moment, he smiled and said, "Then I'll trouble you, Chairman Wang. Please follow Mr. Zhang when the time comes!"

Wang Dongsheng was dissatisfied after hearing this: "What do you mean tired or not? Think back to 1993..."

The faces of those who originally had normal expressions suddenly changed drastically. Several of them quickly stood up to interrupt Wang Dongsheng, and several others stood up to say that they were busy and needed to leave immediately.

Over the past two decades, they have no idea how many times Wang Dongsheng has talked about the difficult times in the past and how he developed BOE step by step.

He couldn't stop talking for at least an hour or two. The first time they listened to it, they just treated it as a story, but after hearing it many times, they began to feel like Wang Dongsheng was torturing them on purpose.

……

Among these companies, if there are a few companies that feel uncomfortable after receiving this news, Xia Wei happens to be on that list.

In the past few years, in order to have reliable and high-quality glass panels with good product strength, Xia Wei finally chose to jointly develop with a special glass company in the mountain city.

This cooperation lasted for several years. Not only did Xia Wei not develop a satisfactory product during these years, but he also invested nearly 10 billion yuan in it.

Just when the product was about to meet Xia Wei's internal requirements, Tiansheng Optics suddenly emerged. At that time, Huang Qifan personally contacted and invited Xia Wei to invest in Tiansheng Optics together.

It was for this reason that Huang Qifan was directly rejected. Not long after the rejection, Tiansheng Optics launched anti-reflective glass panels.

Yu Dazui had no time to regret not investing in Tiansheng Optics. He hurriedly reported to the chairman to stop cooperating with Shancheng, and nearly 10 billion yuan was wasted.

After finally calming down, both sides began to cooperate and gradually forgot the opportunity they had missed.

Not long after that, another blockbuster product was placed in front of Yu Dazui. It felt like someone was constantly repeating and reminding him in his ears.

“Why did you miss the opportunity to invest?”

(End of this chapter)