A strong technological nation starts with repairing mobile phones
Chapter 90 Yu Dazui comes to visit!
Chapter 90 Yu Dazui comes to visit!
“Director Ren, this matter was indeed handled with some flaws. At that time, Tiansheng Optics was indeed notable, but these technologies were not demonstrated.
We have invested so much in Shancheng, and the results are about to come. There is really no reason to invest in them at that time!"
Yu Dazui was being looked at with a smile by Ren Zhengfei at this moment. Although the other party did not say anything, he could feel an invisible pressure and could only explain helplessly.
At this moment, he just wanted to protest his injustice. Who could have known at that time that Tiansheng Optics would be able to rise so fast? Xia Wei had already invested in this area, and the results were about to come out.
No matter how you look at it, the decision he made at that time was correct. You can't say that his decision was wrong just because this situation occurred.
"I don't blame you!" Ren Zhengfei put away his smile, adjusted his sitting position and said, "Under the circumstances at that time, not to mention you, even I would not agree to invest in Tiansheng Optics!"
Hearing that Ren Zhengfei did not blame him, Yu Dazui immediately relaxed. He thought that as the chairman, he was good in every way except that he always liked to look at people with a smile.
He smiles when he is happy and when he is angry. He smiles all the time, making it impossible for his subordinates to guess what he is thinking.
After a pause, Ren Zhengfei continued, "Now I want to know what you are going to do? How are you going to deal with this matter?"
Ren Zhengfei really never blamed Yu Dazui in his heart. What he said was true. Under the circumstances at that time, he would not have invested in Tiansheng Optics.
So now he mainly wants to know how Yu Dazui is going to deal with the Tiansheng Optics matter and how to deal with this folding screen.
Yu Dazui thought for a moment, then raised his head and looked at Ren Zhengfei and said, "I plan to meet Chen Jinghong of Tiansheng Optics in advance! Strive for the first batch of supply qualifications. Even if I can't meet the minimum requirements of the first batch of supply, I must get the second batch of supply qualifications!"
He knew that OOPP was the lead investor in Tiansheng Optics' first round of investment. Not to mention that OOPP now has shares, Chen Jinghong is very likely to give the other party the qualification to become the first investor just because of the initial investment.
Therefore, his goal will not be to stick to the starting right. If he can get the starting right, everyone will be happy. If he cannot get it, then at least he must get the qualification for the second batch of release.
As for whether he would not be able to get the goods, he was not afraid of that. Tiansheng Optics had sent out this invitation letter for cooperative development, which meant that Tiansheng Optics was not prepared to let any one company enjoy the cake alone.
Instead, we plan to take out this big cake and share it with everyone. Then the remaining question is how much to eat.
He was somewhat fortunate at this moment that he agreed with his subordinates to include Tiansheng in the supply chain when Tiansheng Optical Anti-Reflective Glass Panel became popular some time ago, and the subsequent cooperation was also very smooth. It is better for the two companies to have cooperation than no cooperation at all.
……
Chen Jinghong has been very busy these days.
On the one hand, they needed to deal with the issue of factory expansion, on the other hand, they had to deal with the new furnace, on the other hand, they had to entertain those manufacturers. On the other hand, they also had to cooperate with Li Huanyi to separate the branch company before the second round of financing started.
It seemed that there were people below helping to handle these matters, so Chen Jinghong didn't have to do anything, but it was impossible for him to just ignore it.
For example, just now Liu Renshan wrote a paper and wanted to publish it, but he didn’t know whether Chen Jinghong agreed. After all, this paper was about folding glass.
In the end, he could only take the paper to Chen Jinghong to ask for his opinion. As a researcher, Liu Renshan was obsessed with the paper.
Most of the paper describes the research process, including confidential issues and some other principles.
Although Chen Jinghong was not very familiar with the paper, as someone who had personally studied it countless times in the system, he still found several errors and informed Liu Renshan.
While the two were discussing the topic, someone knocked on the open door and reported, "Mr. Chen, Mr. Yu is here."
Yu Dazui made an appointment with Chen Jinghong through his subordinates yesterday to come here today. Both of their companies are in Pengcheng, so it would only take a few minutes for them to come here.
"Okay, this is enough. Just delete my name and post it if you want!" At this moment, Chen Jinghong also finished reading it and confirmed that there was no sensitive content, so he said directly to Liu Renshan.
Liu Renshan said quickly: "Mr. Chen, we followed your ideas throughout the research, so how can we not add your name?"
"Delete it. If you don't want to delete it, don't post it!" Chen Jinghong said in a very firm tone.
After saying that, he ignored Liu Renshan and immediately walked out the door.
"Mr. Chen?"
"Mr. Yu!"
Yu Dazui looked at the young Chen Jinghong and suddenly felt a sense of unreality in his heart.
Chen Jinghong was not in a calm mood at the moment. Yesterday, he received a report from Zhou Pingshen that the other party would visit him today. At that time, he didn't quite believe it.
Now that the other party came to see him in person, he was sure that he had really come to see him in person.
“Mr. Chen, we invested nearly 10 billion in the research and development of consumer-grade mobile phone glass panels in Shancheng a few years ago. This year, the progress is very good. When Mr. Huang contacted me, the results were about to be produced.
You should know that it is impossible for large enterprises like us to make duplicate investments, especially when the original investment is about to produce results.
So I could only reject his proposal at that time!"
Yu Dazui started by explaining why he did not accept Huang Qifan’s invitation to invest in Tiansheng Optics’ first round of financing.
"Mr. Yu, this is serious. We are all entrepreneurs, and there are some things that everyone understands. I didn't care about what happened at the time."
Chen Jinghong's words were not polite at all. Xia Wei's attitude was very clear from the beginning. We already have investments, so we cannot invest in Tiansheng Optics.
Unlike VVII and Dami, who clearly came to visit and examined Tiansheng Optics and even released its valuation, they turned around and gave up on Tiansheng Optics without hesitation because of some online trolls.
At that time, Chen Jinghong didn't even hate VVII and Da Mi, so how could he have a clear attitude towards Xia Wei from the beginning?
After making sure that Chen Jinghong was not being polite, Yu Dazui relaxed even more. He was afraid that Chen Jinghong was too young and that things would change over time. Don't look down on the young and poor.
"Come to think of it, this isn't the first time we've dealt with each other. We're currently purchasing glass panel orders for our next-generation flagship models from you, Tiansheng Optics!"
After explaining the early things clearly, the next step was to keep in touch. Yu Dazui smiled and mentioned the current content of the cooperation between the two parties.
Chen Jinghong smiled and said, "Yes! Tiansheng is very grateful that you guys like our products!"
Next, Yu Dazui talked about all sorts of things, including some common sense in the industry and secrets.
"You don't know that we wanted to help Royole at that time. After all, we are domestic companies and it is normal for us to help each other in Shenzhen. So Mr. Ren proposed to help the other party at that time. You don't know that Royole thought we wanted to eat it up and refused to cooperate in all aspects.
We asked to visit the laboratory, but they directly refused on the grounds of confidentiality. We asked some technical questions and hoped that they would answer how to solve the defects of the first generation product, but they again refused on the grounds of confidentiality.
Anyway, they just won’t cooperate with us in anything, so finally we have no choice but to give up investing in them. When their products come out later, we think we can’t invest in them, but can we help you purchase some?
Who knows, they would refuse to cooperate again. We asked their team to work with us on product development, but this time they said they didn’t have enough manpower to support us. So we asked them to give us the sample parameters and specification range, keeping it confidential!
They only gave us a single sample, and you don't even know what it was, it was horrible. The display effect was not good, the color was not good, the brightness was not good, and except for the flexibility, everything else was not good. It would break if you touched it lightly, so we finally gave up on purchasing it.
Look at it now, after all these years, apart from the so-called folding screen mobile phone they released, whose sales volume has not exceeded three digits, what else is left?
Last year, they wanted to go public overseas, but after failing, they wanted to go public domestically this year.
If your Tiansheng Optics had not come out, I think Pengcheng officials might have been able to help them complete the listing. Now that they have your folding glass, do they want to go public?
Difficult! Difficult as climbing to the sky! "
As the two were talking, Yu Dazui suddenly mentioned Rouyu, a company also founded in Pengcheng, which received billions of interest-free loans from the Pengcheng government.
Chen Jinghong asked in confusion, "What does this have to do with Tiansheng Energy? I heard that Royole is investing in a production base in Longgang that can produce more than 100 million screens a year, right?"
"Bullshit!" Yu Dazui said bluntly, "Go to Longgang when you have time. The grass there is taller than you."
At this point, Yu Dazui looked at Chen Jinghong meaningfully and said, "Speaking of Royole, I admire you, Tiansheng Optics, and you, Mr. Chen!"
"Admire me?" Chen Jinghong asked doubtfully!
“Not bad!” Yu Dazui nodded and said, “From the time you received the first round of financing to now, you have given me the impression of being very open.
I won’t talk about the past, just talking about this folding screen, your first thought is not to rely on it to monopolize this industry.
The first decision was to prepare to work with domestic manufacturers to develop together, and give up a lot of profits that belong to you Tiansheng Optics to benefit us manufacturers!"
"Forehead……"
Chen Jinghong felt embarrassed for a moment because the person Yu Dazui was talking about was obviously Li Dongsheng.
His first reaction at that time was to cooperate with Huaxing Technology and OOPP to monopolize this product and this track. In the meantime, he also thought about whether to use this thing to invest in the other two companies.
After Li Dongsheng and Huang Qifan advised him repeatedly, he gradually changed his mind and finally decided to cooperate with each other to expand the market.
Yu Dazui looked at Chen Jinghong with an embarrassed look on his face and thought that the other party was embarrassed by his praise.
He never expected that Chen Jinghong was feeling extremely ashamed at what he said.
Seeing that the time was almost ripe, Yu Dazui immediately stated the purpose of his trip.
“This time, we, Xia Wei, are planning to establish a strategic partnership with Tiansheng Optics, and our two companies will help each other in the future.
Xia Wei will set up a foldable screen mobile phone department, with the first batch of funds investing 1 billion yuan. Among them, the foldable screen will be purchased from your Tiansheng Optics products, helping your Tiansheng Optics product to appear in the hands of consumers as quickly as possible! "
What Yu Dazui said sounded really nice. It sounded like Xia Wei was helping Tiansheng, just like the 1 billion investment in Tiansheng Optics.
Not a single word was said about Xia Wei's advantages!
"The screen in the sample is produced by Huaxing. We only provide the screen glass folding substrate to protect the folding glass panel!" Chen Jinghong explained.
Yu Dazui didn't care who produced the screen and said directly: "As long as the screen quality is qualified, you can find anyone to produce it!"
"You misunderstood!" Chen Jinghong quickly explained: "We at Tiansheng don't sell screens. That screen is produced by Huaxing. We only provide folding glass panels to mobile phone manufacturers and folding glass substrates to screen manufacturers!
If you want a screen, then wait until the joint development meeting is over and find a screen manufacturer to cooperate with yourself!"
Yu Dazui looked at Chen Jinghong with eyes full of admiration, and then directly said that Xia Weikan would do the same when purchasing glass panels.
As he was talking, he finally told the purpose of his trip. He hoped that Xia Wei could obtain the first launch rights and the first batch of supplies of folding screens.
This thing had been promised to Huang Qifan a long time ago, so Chen Jinghong naturally did not agree. Yu Dazui mentioned it several times, and after confirming that he could not get the first batch, he immediately compromised and asked for the second batch. This time Chen Jinghong agreed.
Although he achieved the purpose of his trip not perfectly, Yu Dazui was still very happy when he left.
During the meeting, Chen Jinghong did not reveal the idea of Tiansheng Optics to conduct a second round of financing. He planned to announce this news after the joint development conference.
……
Pengcheng Royole Technology Group.
'boom! ! ! '
"What does IDG mean? Why did they suddenly refuse to invest in the third round of funding?"
In the CEO's office, Liu Zihong angrily pounded his fists on his desk and roared.
During this period, Royole Technology has been doing very well. A few days ago, it even topped the list of top 100 science and technology innovation companies, which dispelled the gloom of its failed overseas listing in the first half of the year.
Some time ago, the largest financial backer behind the company agreed to invest another 5 billion yuan. When the funds were about to arrive on the agreed time, the other party not only refused to give the money but also directly notified that they would give up the investment.
"They informed us that there is a major emergency in the flexible screen industry and the industry is likely to usher in a new round of reshuffle, so they cannot invest in us for the time being and need to observe for a while!"
Sitting opposite Liu Zihong is Wei Peng, the co-founder who is responsible for financing and is also one of Royole's shareholders.
"Fuck the emergency. If you don't want to give it, then don't give it. Why are you looking for an excuse? It's fine if you can find an excuse, but you have to make up an excuse that no one will believe.
Emergencies, industry reshuffles, how come I don’t know about these? Companies in our industry don’t know about these, but they, a capitalist, know about them!”
Liu Zihong even cursed and didn't believe that IDG refused to lend the money because of the so-called emergency.
Wei Peng looked grim at the moment. After the other party calmed down, he said, "It seems to be true this time. I have a classmate who works at BOE. He told me that their company has suddenly started to adjust recently. It seems that something is really going on!"
Thanks: cytuus gave 500 points, and Prince Chujiang gave 100 points.
Wish: Good night to all readers!
(End of this chapter)
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