A strong technological nation starts with repairing mobile phones

Chapter 98 Accept the fruit cooperation offer!

Five minutes later, make sure everyone is back.

Zhao Wenshu immediately stood up and said to everyone, "Everyone, let's make the final confirmation now. If you have just discussed giving up your share to others and feel that your share is too much and you want to withdraw, you can propose it now.

If there are no objections, we will immediately have someone start preparing the contract.”

The final result did not surprise everyone. After Zhao Wenshu sat down, no one present stood up to choose to reduce their shares or withdraw from this financing opportunity.

No one is stupid enough to reach a transfer agreement with another company in just one hour, so the five minutes were spent in a quiet atmosphere.

Since no one stepped forward to cause trouble in this round, everything went very smoothly afterwards. We prepared the contract according to each person's share, and everyone worked together to determine whether there was anything fishy in the contract.

After confirming that there were no problems with the contract, the representatives of the companies present signed the contract respectively. Of course, signing the contract does not mean that the contract will take effect. Instead, these companies need to transfer the money to Tiansheng Optics’ account within the time specified in the contract before it will officially take effect.

At that time, Chen Jinghong will go directly from being a major shareholder with 92% to a major shareholder with less than 58%. If he sells 3%, he will be left with less than 55%, which is barely within the controlling stake!
However, since the shares are so dispersed, I believe they cannot threaten his position.

Tiansheng Optics' second round of financing ended perfectly. Except for some disputes between Chen Jinghong and Lei Jun, the whole process went very smoothly.

The next day, the entire network, whether it was official media or personal bloggers, began to frantically publicize the financing situation.

"The new king of 2020 has emerged, Tiansheng Optics' second round valuation is nearly billion, and the first round received nearly billion investment!"

"Tiansheng Optics' rise is unstoppable, with the second round of financing valuation far exceeding the planned 577 billion market value upon listing!"

"A mysterious enterprise has received investment from nearly 30 domestic giant companies. What is the secret? Please come in and listen to my detailed explanation!"

"Tiansheng Optics, folding glass has been successfully developed, everyone can look forward to the perfect folding mobile phone!"

In one day, tens of thousands of posts and videos about Tiansheng Optics emerged, but without exception, not a single one of them was discrediting Tiansheng Optics.

After reading these articles, many netizens began to look forward to the revelations that would be revealed.

For example, things like folding glass. Ever since some people saw that Chen Jinghong didn't seem to mind them revealing the information, pictures and videos of folding phones have often appeared on the Internet.

Among them, the batch of screen assemblies produced by Huaxing Optics is the most eye-catching. Every time a video appears, the short video website will receive a large amount of traffic.

The number of comments will soon exceed ten thousand, and the number of likes will soon exceed one hundred thousand.

……

"Ge Yue Arbitration, I'm so sorry, we just finished dealing with the financing. I kept you waiting for a long time. I hope you don't mind."

Looking at the charming woman in her thirties opposite him, although Chen Jinghong's words were full of apology, there was no trace of apology on his face.

In this sentence, most people would think that Chen Jinghong just asked Ge Yue to wait a little longer, not knowing that this long wait actually meant many days.

Ge Yue even went back to the company branch and flew here this morning after confirming that Chen Jinghong agreed to meet her.

"Tiansheng Optics has been so impressive recently, so I should wait a little longer. It's rare that Mr. Chen wants to see me, so I'm so happy that I don't have time to be surprised."

Ge Yue's attitude this time was completely different from the one she had towards Zhou Pingshen that day. It seemed that she was still used to treating people differently based on their status.

Chen Jinghong didn't expect the other party to have such a good attitude. Zhou Pingshen told him that the other party was very arrogant and had a condescending attitude.

Seeing that Chen Jinghong didn't respond for a long time, Ge Yue directly told him the purpose of her trip.

"Mr. Chen, I believe you should know the purpose of my visit. Our Fruit Group is very interested in your company's folding glass products.

As long as you agree to supply folding glass to our Fruit Group, the head office will upgrade your cooperation level, give you the highest standard of treatment, directly abandon the supervision right, shorten the payment period by half, and resume purchasing your company's anti-reflective glass panels at a 20% price increase! "

Ge Yue's attack was a slam dunk. You have to know why these domestic and foreign companies, regardless of the harsh requirements of the fruit group, are scrambling to join the other party's supply chain and become the other party's supplier. It is because the other party has accurate payment terms, high purchase prices, high profits for suppliers, and very large purchase volumes.

Now Ge Yue has shortened the already very short payment period by half, and increased the purchase price by 20%. It can be said that he is extremely optimistic about Tiansheng Optics and has a very high willingness for cooperation between the two parties.

"Since you come to our door, you are a guest. We at Tiansheng Optics naturally have no reason to refuse you! However, due to certain reasons, your company's products can only be released after December!" Chen Jinghong did not choose to reject Ge Yue, but directly agreed to the other party's purchase order.

Of course, the price of fruit orders cannot be the same as that of companies within the alliance. The price must be at least three to five times higher!
"That's no problem. Then I wonder if you can provide us with a batch of your folding glass panels and folding glass substrates for research and development?" Ge Yue asked.

Chen Jinghong frowned and looked at her and said, "You mean the folding glass substrate?"

"That's right. After all, if we don't have this substrate, it will be meaningless even if we have a folding glass panel. Naturally, we have to purchase it as a supporting product!" Ge Yue looked at Chen Jinghong strangely and then explained.

"That won't work!" Chen Jinghong shook his head and said, "Folding glass panels are easy to come by, but folding glass substrates are not. Tiansheng Optics only supplies this to display screens within the alliance for the time being.

If your company needs a foldable screen, I suggest you contact our domestic screen manufacturers such as Huaxing Optoelectronics, BOE, Tianma, etc.!"

Ge Yue really didn't expect to get stuck here. He originally thought that since the folding glass panel had been solved, the substrate would be a piece of cake.

No one expected Chen Jinghong to do this. Isn't this obviously forcing their Fruit Group to buy the screen from these domestic companies if they want to enter the folding screen market?

As for those who want to purchase substrate materials and ask Sixing Group for customization, forget it. It is obvious that Tiansheng Optics wants to use this product to forcefully support these domestic screen companies.

"Then I wonder how long it will take for us to get our first batch of folding glass panel samples?" Ge Yue reacted quickly and did not continue to dwell on that matter. She only needed to confirm the cooperation between the two companies.

"You just send the demand parameters according to the process and sign the contract. As long as the quantity is not large, you can pick up the goods within five days!"

Li Hanwu has specially set aside a production line to produce samples for these companies, so he can still meet the sample requirements of these companies. As for the subsequent large-scale orders, we will have to wait.

Hearing that he could get the samples within five days, Ge Yue was very satisfied and immediately proposed to send someone to sign the contract in the afternoon. As for the subsequent large-scale orders, he would need to send people from the US headquarters.

……

As if they had discussed it beforehand, as soon as Ge Yue arrived, representatives from several large foreign companies that had been trying to contact Chen Jinghong came one after another and asked to meet Chen Jinghong. "Mr. Chen, in addition to producing display screens themselves, these companies also sell production lines to other companies. Do we want to meet them?"

In Chen Jinghong's office, Zhao Wenshu sat opposite him and asked in a low voice.

Both Chen Jinghong and Zhao Wenshu are very clear about the goal of people like Sixing, Sony, LG and other companies. They come here just for this folding glass substrate.

These companies have always had a very keen sense of smell and are well aware of the impact that Tiansheng Optics' folding glass substrate will have in the future, which is why they are eager to come to Tiansheng Optics hoping to cooperate with it.

Chen Jinghong leaned back in his chair, his mind frantically thinking about whether he should meet these people.

"Let's meet them. Let them come in together. Let's see how powerful these foreign giants are!"

Chen Jinghong finally decided to meet these people as soon as possible so that he could solve these problems earlier.

Zhao Wenshu immediately got up and went out to bring in the representatives from the three companies who had been waiting for a long time.

"Everyone, this is our Tiansheng Optics CEO Chen Jinghong!"

There were three people following Zhao Wenshu. One of them immediately ran to Chen Jinghong and introduced himself: "Hello, Mr. Chen, I am Lu Wensheng from the Four Star Group. I came here to apologize for the announcement that our intern sent out last time!"

The other two were much more reserved, and all they said were words of welcome to Chen Jinghong, but from time to time they would inadvertently reveal their arrogance and complacency.

"Everyone, our CEO Chen is very busy. I took time out of my schedule to meet you. Why don't we just keep it short?"

Zhao Wenshu looked at the three of them for a long time and they didn't get to the point. They just kept complimenting Chen Jinghong or Tiansheng Optics, or they kept reviewing how awesome their respective companies were and how good their technology was.

On several occasions, it was specifically pointed out that the production lines of these domestic companies were simply purchasing old production lines that they had eliminated.

Anyway, their words and deeds imply that they are the giants in the world's display industry.

“This time, in addition to apologizing for the previous mistake, our Sixing Group has decided to cooperate with Tiansheng Optics to compensate for the impact we have caused your company.

We, the Sixing Group, can purchase a batch of your company's folded glass substrates at the highest price!"

Lu Wensheng looked at Chen Jinghong and said with a smile.

Chen Jinghong was almost laughed at by the other party. He really didn't know where the other party got the courage to fall in love with Tiansheng folding glass substrate.

In order not to be surpassed by domestic manufacturers, they can't wait to come to you to seek cooperation, and even use the excuse of compensation to give you.

I'm going to your compensation, is this how your family's compensation works? For the first time, Chen Jinghong felt the shamelessness of these foreign monopoly giants.

"You, the Four Star Group, should not treat people as fools. What compensation are you asking for? If you want compensation, why don't you just transfer the money to compensate the other party for their losses? Why are you making up excuses?

We are different from Suoni. To be honest, we are attracted by the folding glass substrate of Tiansheng Optics. We come here this time hoping to reach a strategic cooperation with your company!"

The person who spoke was Tian Wenhao, head of domestic business of Sonid Group.

Perhaps because he was indeed exposed, Lu Wensheng was very annoyed at the moment, but in the end he did not say anything else.

Chen Jinghong was very happy to see the two companies fighting each other, but it was a pity that the two were very restrained and did not let the situation go to the next step.

"What about LG? Is it here to purchase glass substrates as well?" Chen Jinghong turned to look at the LG representative who did not speak.

The LG representative was a middle-aged woman who was sent by the head office because she could speak Mandarin.

“Yes, we at LG come here in friendship, hoping to develop this product with your company, to raise the upper limit of foldable screens, and to better control the production costs!”

What this person said is more beautiful than what the previous two said. We are not here to stare at your products, but to help you improve!

Chen Jinghong looked at everyone and said directly: "I'm sorry, I'm bound to disappoint you this time. Currently, Tiansheng Optics has not considered any external cooperation!
Therefore, the folding glass product is not sold to the public. We will only supply it to the LCD panel production companies within our alliance!"

"What? Mr. Chen, are you kidding me?"

"We are the Sonni Group..."

"I wonder how I can join the alliance you mentioned?"

The three people had different reactions. Lu Wensheng thought he had heard it wrong. As for Tian Wenhao, it was still hard to believe when he heard the rejection of the Sonid Group on the first day.

As for LG, the woman noticed the meaning behind Chen Jinghong's words and asked directly.

"Currently we only support domestic companies to join, and your company does not meet the requirements." Chen Jinghong refused again.

Chen Jinghong simply cannot allow these companies to come in. After all, everyone understands the technology of these domestic companies. If they are allowed in, domestic companies like Huaxing and BOE will no longer have to do anything and can just give the foldable screen market to them.

You have to know that foldable screen mobile phones are obviously aimed at the high-end market in the early stage. Since it is a high-end market, the screen quality should be as good as possible. If Chen Jinghong opens it to these companies, those mobile phone manufacturers will no longer choose second-tier screens. Chen Jinghong's plan to improve these domestic companies with great difficulty can be directly declared a failure.

"Mr. Chen, it seems that you, Tiansheng Optics, want to have the lion's share of the business? Do you want to shut us, the international first-tier giants, out?" Lu Wensheng looked at Chen Jinghong and said slowly.

The more Chen Jinghong listened, the more irritating it became. He asked directly, "What do you mean, you international giants? What country are you from? Have you forgotten your own identity after working for them for so long?"

Seeing that the situation was about to get out of control again, Zhao Wenshu quickly pulled Chen Jinghong down and changed the subject, "At present, our production capacity is indeed limited, and we can only barely supply partners in the alliance. We are indeed unable to meet the orders of various companies.

But don't worry, we will notify you when we expand our production capacity and can meet your orders! "

It sounded like nonsense to Zhao Wenshu. Since we were all elites, it was natural that we would not believe his words so easily.

"Mr. Chen, you have to know that the production lines of these companies in your country are all eliminated by us and ordered from us. If we announce that we will no longer accept production line orders from your country! What problems do you think will arise?"

(End of this chapter)