Chapter 91 Mass production time!

“Do any of our classmates work at BOE?”

Liu Zihong and Wei Peng were college classmates. When they heard the other party say that a classmate had news at BOE, they subconsciously thought that the other party was referring to his college classmate.

"We were not college classmates, but high school classmates. His test scores were higher than mine!" Wei Peng explained and then pointed out the key point: "Now we need to know what happened here. Only when we know the reasons can we find the right remedy!"

"You were the one who contacted IDG, why don't you go ask them?"

"I'll try my best! We haven't produced any results in all these years. We've been losing money every year and have no stable customers. Those investors have long been disappointed in us. IDG originally just bet that we would be able to pass the domestic listing this time.

Otherwise, they would not have agreed to the original 5 billion. If they are really sure that our IPO will not succeed, they will definitely not throw money in. "

It's rare for Wei Peng to speak so much at once.

However, what he said is actually what everyone in Royole is thinking now.

Last year, Royole's entire founding team, investors, and all middle and senior management had originally hoped to be listed on the Nasdaq.

After Royole successfully submitted its documents, everyone in the company was excited and their hands were trembling. They were all fantasizing about becoming millionaires instantly by cashing in their shares after the listing.

Unfortunately, the final result was that Royole's information was rejected. Some investors with whom he had a good relationship privately found Liu Zihong and talked for an hour, but no one knew what they talked about. The next day, Royole announced that it would give up listing on Nasdaq.

The following year, which is this year, the company prepared to go public again, but this time it chose the domestic Science and Technology Innovation Board. If everything goes well, the 5 billion investment from IDG will be the last investment before Royole goes public.

Now almost everything is ready, just waiting for the 5 billion to save the life, but now IDG says "I have to wait!"

"Do you think I don't know about this?" Liu Zihong tugged at his collar in annoyance, then roared in a low voice: "Do you know the company's current situation? Without these 5 billion, we can't even pay the salaries next month. Do you think a company like us that can't even pay the salaries can go public?

The most important thing for us is to understand the reason now, right now, and solve the problem of how he got the 5 billion yuan fund from IDG.

Otherwise, Royole will just have to wait for bankruptcy and liquidation!"

Throughout the conversation, the two did not mention products, technology, or business, only funding, listing, bankruptcy, and liquidation.

Perhaps they are very clear in their minds at this moment that in this fiercely competitive market, Royole's so-called ultra-thin flexible screen has no market at all.

"Okay, I'll try to make things clear!"

Seeing that his eyes were already red and his expression was as ferocious as a wild beast, Wei Peng stood up and left after he finished speaking.

Wei Peng actually doesn't want Royole to go bankrupt. After all, he has devoted so many years to it. If Royole goes bankrupt, he will have no chance for the rest of his life.

Logically speaking, Royole is also a company that produces display screens, so Tiansheng Optics should also invite them to this joint development conference.

At the beginning, Chen Jinghong also wanted to invite the other party, but later learned that the technology produced by the other party was different from the current conventional AMOLED and did not need to use his substrate material at all. In the end, he did not invite Royole to participate in this meeting.

……

Pengcheng Airport has suddenly strengthened its security facilities in the past two days, especially on the highway from the airport to Longhua District, where a convoy of cars passes by hurriedly several times a day.

This time, Tiansheng Optics suddenly convened a joint development conference, and the Longhua government gave a lot of support, directly providing 20 villas in the Mission Hills Resort free of charge to Tiansheng Optics to entertain the industry elites who came from all over the country to participate.

Thursday, March 8th.

Since all these people were arranged to stay in Mission Hills, this development meeting was held directly in a banquet hall in Mission Hills.

"Mr. Wang, I didn't expect you to come here in person!"

Li Dongsheng led his team into the conference hall, and the first person he noticed was Wang Dongsheng, who was surrounded by many people in the middle.

Perhaps because the two have the same name, Wang Dongsheng took good care of Li Dongsheng and provided a lot of help to Huaxing Optoelectronics.

"Xiao Li, why can you come but I, an old man, can't?" Wang Dongsheng smiled as soon as he saw the other party.

There just happened to be a group of people from the LCD industry around here. We all knew each other very well and they all smiled.

The only person who dares to call Li Dongsheng "Xiao Li" at the moment is probably Wang Dongsheng.

Display screen manufacturers gathered around Wang Dongsheng, while the mobile phone industry all gathered around Huang Qifan.

Of course, this does not mean that Huang Qifan's status in the mobile phone industry is the same as Wang Dongsheng's status in the display industry, but that many people came to criticize him for being able to invest in Tiansheng Optics early on.

"You can't blame me. There was money to be made by everyone at that time. I invited everyone, but you guys gave up in the end!"

Huang Qifan looked at his colleagues and smiled, his expression as arrogant as it could be.

"That's not right. I remember that you, Mr. Huang, didn't invite me!" Just when everyone was looking at him with dissatisfaction but had nothing to say, someone spoke up.

The person who spoke is Huang Zhang, the founder of a mobile phone brand with a very low market share in China, and the boss of Meilan Technology.

Tiansheng, a brand that used the excuse of being small and beautiful because it couldn't compete, was also invited to participate. Chen Jinghong simply supported the other party because it was a domestic brand.

Lei Jun immediately laughed and said, "Boss Huang, what excuses do you have now?"

Lei Jun, who was originally speechless, immediately seized the weakness of Huang Zhang and launched a crazy attack.

"Boss Huang, please don't join in the fun!" Huang Qifan didn't make any excuses this time. He just looked at Huang Zhang helplessly and said.

In fact, everyone is very clear now. In the case of Meilan Technology, it is almost the same for others to invest in it. As for asking it for investment? Let's not joke about it.

Just when a few people were about to discuss, Chen Jinghong came over with a group of people.

It happened to be half past ten in the morning.

When the real owner appeared, the people who had gathered together returned to their respective seats very consciously.

“Thank you very much for coming to our Tiansheng Optical Folding Glass Joint Development Conference.

This is our first meeting. Let me introduce myself. My name is Chen Jinghong and I am currently the chairman of Tiansheng Optics.

As soon as the meeting started, Chen Jinghong walked directly to the stage and began to slowly introduce the meeting according to the manuscript written by Zhao Wen.

After introducing himself, he went straight to the point. The large screen behind him immediately displayed the parameters and pictures of the folding glass.

Zhao Wen also wrote very good manuscripts and PPTs, and the whole process was step-by-step. "After testing in our laboratory, our folding glass can remain perfect after folding 100,000 times, and will not affect the consumer experience!"

At this point, everyone present applauded out of respect.

The number of folding times is a very important parameter. For example, if it can only be folded a thousand times, no one present will participate at all.

As for whether what Chen Jinghong said was true, everyone was naturally very clear at this moment. They had samples and everyone had testing tools. Even if there were no ready-made equipment, they could be used by modifying it.

Perhaps it was because the samples had already been mailed to these companies, when he was introducing the product parameters, except for this few times when there was a slight reaction, the rest of the time the people below just watched him introduce calmly.

There really was no interaction at all. Of course, the bigger reason for this is probably that the people present are elites from all walks of life, not ordinary consumers who would scream excitedly for a little thing.

The parameters were introduced quickly, and then we entered the main topic of the development conference.

"Considering that this technology will have many important uses in various industries, we at Tiansheng Optics have decided to open up cooperation. This folding glass will not limit cooperation partners. As long as domestic companies have needs, they can cooperate with us."

As soon as these words were spoken, the attitudes of the people in the audience changed drastically and the applause became even more intense.

After saying this, Chen Jinghong no longer stood on the stage, but walked down to the conference table and sat down.

"Mr. Chen, may I ask if you have achieved mass production of this product?"

The one who took the lead in speaking was Wang Dongsheng. As the oldest person at the scene and with the highest status in the industry, he was fearless.

"BOE founder Wang Dongsheng retired last year!"

As soon as Chen Jinghong turned his head to look at the other person, Zhao Wenshu whispered beside him.

"Mr. Wang, your name is well-known, and I am glad to meet you today!" Chen Jinghong went on to explain: "At present, Tiansheng Optics has realized mass production technology, but since the product has been developed, the mass production line has not yet been established.

It may take a month for the order to be delivered!"

"A month?"

"A month, really?"

"Are you kidding me? You can build something from scratch and start delivering in a month?"

Many people at the scene started talking about it. Chen Jinghong had just said that the mass production line had not yet been set up.

Chen Jinghong was said to be able to build a mass production line from scratch and start shipping normally in just one month. Many people at the scene began to doubt Chen Jinghong, and some people even began to doubt whether Tiansheng Optics could achieve mass production. If they had not actually obtained the folding glass samples, they would probably have directly doubted the authenticity of this thing.

Watching the people around him start to discuss intensely, Chen Jinghong didn't care at all and had no intention of explaining.

Wang Dongsheng couldn't help but ask, "Mr. Chen, why don't you explain?"

"No need to explain!" Chen Jinghong ignored Zhao Wenshu who kept signaling him to stop talking, and said directly to everyone: "Since everyone is questioning our Tiansheng Optics, then we can open a temporary production line this afternoon, and then we can go to the site to visit the production process together!"

"it is good!"

"Mr. Chen has said so. I support our visit to the site this afternoon."

As soon as Chen Jinghong said this, many people at the scene immediately shouted loudly, fearing that if they shouted too slowly, the people behind Chen Jinghong would pull their boss back and take back the decision.

"Mr. Chen, are you sure you want us to visit the entire production process?" Wang Dongsheng looked at Chen Jinghong and reminded him, "In fact, you don't need to show some things. Just make sure you have the ability to mass produce them!"

Looking at the young man in front of him, Wang Dongsheng finally decided to remind him.

Under normal circumstances, after his reminder, Chen Jinghong should have realized that there was something wrong with his previous promise and should have changed his mind according to his words.

Chen Jinghong did not follow his words as he thought, but directly reaffirmed: "Don't worry, Mr. Wang, since we at Tiansheng Optics dare to open the production process to everyone, we naturally have our own ideas."

Now it was the turn of Wang Dongsheng and those who were at the scene who were seeing Tiansheng Optics for the first time to be confused.

Originally, they were all prepared to give Wang Dongsheng a favor and just let the matter go, but now Chen Jinghong seemed so confident.

At this moment they couldn't help but wonder, is Tiansheng Optics so awesome? Is it really as Chen Jinghong said that a production line can be built from scratch and start shipping directly in just one month?

Then I thought, they have such amazing technology, aren’t they afraid of technology leakage if they just use the original technology?

You should know that many of these companies bought their production lines from abroad, and they only changed some of the production processes and then tried to hide them tightly for fear that the technology would be leaked.

"Mr. Chen, can I ask you a question?" At this moment, a middle-aged man asked.

"Please say!"

“Currently, your samples can only be folded in one point, and the direction is fixed. I wonder if you can achieve multi-faceted folding with flexible directions?
For example, we have a requirement to fold a screen to a quarter of its size, which requires two folds. Can your folding glass achieve this?"

Many people should want to know this question. Once the middle-aged man mentioned the original question about the mass production line, no one mentioned it again.

"Yes!" Chen Jinghong said without hesitation, "But if you use it this way, it will be like paper. The point in the middle will be subjected to multiple forces each time, so in principle it can only support less than 50,000 times."

Chen Jinghong really couldn't think of anything that needed to be folded twice, but when he thought about it, there were many manufacturers and everyone had their own ideas, so he didn't worry about it since it was normal that he couldn't think of it.

Next, Chen Jinghong began to explain to everyone some minor technical issues and some questions that the manufacturers had about this product.

Time passed quickly, and soon more than an hour had passed, and there were fewer and fewer questions.

"Mr. Chen, can we ask about the pricing of your products?"

This sentence came from the Rice Group. Everyone turned around and realized that it was Lei Jun who said it. This was his first question. No one expected that he would come up with a big answer right from the start.

After looking at the questioner, everyone turned to look at Chen Jinghong tacitly, and most of the people at the scene pricked up their ears.

In fact, most people don’t think that Chen Jinghong would talk about price in this scenario, which is why no one has asked about the price since the meeting started.

After all, shouldn't such a sensitive issue be discussed behind closed doors, with each party agreeing on conditions, and only after summarizing these conditions can a reasonable price be given?
Chen Jinghong also thought the same as they did at the beginning. He stood up and looked at everyone and said, "Everyone, you all know about foldable phones, right? I wonder how you originally assessed the size of this market?"

 Thanks to: Shitou who loves reading books. He gave 2,000 points, and Orde gave 500 points.

  
 
(End of this chapter)

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