Our Rise Era

Chapter 221 Brilliant!

From having no skills and being a cow or sheep to be slaughtered, to having one’s neck strangled and the last profit drained away…

From lingering on to technological breakthroughs, counterattacking Europe and the United States again, conquering cities and territories, and then the United States launched an investigation, and then the [European debt crisis] came...

[One photovoltaic panel, three decades of blood and tears].

perhaps……

This is the true portrayal of China's photovoltaic industry over the past decade.

The power of photovoltaic anti-dumping and countervailing investigations is enormous.

Since October 2011...

Chinese companies exporting goods to the United States, well, any product, even components, will be subject to high taxes ranging from 23% to 254%.

however……

In the months before this regulation was issued, China Solar's exports to the United States had fallen by 5%, and exports to Europe had fallen by nearly 71%.

After blind expansion, the local photovoltaic industry has become silent, product prices have fallen sharply, and the photovoltaic industry is almost entirely losing money...

July 2011.

Countless netizens witnessed history.

Just one month.

They saw that the once flourishing photovoltaic industry was experiencing a wave of bankruptcies similar to that in 08.

Suzhou Deshang, Yingli, and Sailun Photovoltaic Technology have all declared bankruptcy...

Tens of thousands of photovoltaic workers lost their jobs overnight.

This is a desperate situation...

however……

The man who once saved China's photovoltaic industry and pulled countless old companies back from the brink...

He's back again!
..........................................

11 month 2 day.

[Suzhou Deschamps] One month after declaring bankruptcy.

The assets have officially been liquidated.

The natural outcome is insolvency.

Although it has been listed for a long time, in order to regain its stock peak in Europe and the United States and not let other emerging photovoltaic companies grab the reputation, [Suzhou Deshang] has carried out more aggressive expansion in the past year than in 08...

In nearly 20 countries including Germany, Spain, France, and the United States, Suzhou Deshang has established business departments and energy companies, and equipped them with corresponding qualifications. In order to get rid of Shenglan Technology, it has invested a large part of its capital in research and development.

When the entire industry is booming, there is absolutely no problem with expansion.

Business can be exchanged for capital, and capital can be exchanged for market, ultimately achieving a cycle between business and capital. During this period, if there are breakthroughs in research and development and the constraints of [Shenglan Technology] polysilicon are overcome, then a truly global photovoltaic giant integrating source materials, intermediate assembly, market, and after-sales can be realized.

however……

Once the market suddenly becomes sluggish and the capital chain is completely broken, all that is left is to climb up to the roof step by step and then jump down.

The debt-to-asset ratio of [Suzhou Deschamps] is higher than expected, reaching an astonishing level of 1 to 12.5!

When Zhang Yang saw this data, he was shocked.

He didn't expect that Zhou Xinsheng could raise the capital leverage so high!
This is a completely reckless way of playing!

……

"I didn't expect that in just a year or so, we would meet in this kind of occasion..."

in the office.

Zhou Xinsheng sat silently.

He was not like some other entrepreneurs who, seeing that the situation was not right, immediately packed up their capital and fled to the United States to become rich. Instead, he cooperated with the investigation from beginning to end.

The investigation team handed over pieces of information to the person in charge. The person in charge shook his head and didn't know what to say. Finally, he walked out of the office and started making a phone call.

outside the office.

A group of anxious employees surrounded the entire Suzhou Deshang Building, and anxiety and fear filled everyone.

"Actually, the ending didn't have to be like this..."

Zhang Yang sat in the office, drinking tea, looking at Zhou Xinsheng, whose hair had turned gray, whose face looked haggard and who seemed to have lost all his spirit.

"Can Suzhou Deschamps survive? It has been ten years since its establishment..." When Zhou Xinsheng heard this, his eyes once again showed a bit of hope.

Even though Zhang Yang made it very clear on the phone...

However, he still had illusions in his heart, imagining that Zhang Yang would be able to sell everything he had and support these businesses just like he did three years ago.

"I am not here to make an acquisition or clean up the mess, but to see what can be used and what cannot be used... I will not help you [Suzhou Deschamps] pay off any debts, and we will not care about the overdue wages..."

Zhang Yang's words made Zhou Xinsheng look gloomy.

He remained silent for a long time.

After a few minutes, there was a knock on the door.

The investigation team headed by Diao Guangdou came to Zhang Yang silently, with a regretful expression on their faces: "The technology in the R&D team is very backward, it's probably something from a year ago...Except for a group of researchers who can be trained, the patents of [Suzhou Deshang] are basically mainly appearance patents, and there are very few utility patents..."

"Then let's incorporate them into the Shenglan Technology Research Institute..."

"Row."

When Zhou Xinsheng heard these words, he felt as if his heart was stabbed hard.

But in the end, he stopped talking and could only watch Zhang Yang stand up silently: "Okay, Mr. Zhou, let's leave it at that for today..."

Zhou Xinsheng did not respond, but followed Zhang Yang out.

Watching Zhang Yang come to stop in front of each staff member.

"If you are willing to work in the photovoltaic industry, you can follow me. As for salary and benefits, I will re-evaluate them based on your skills and contributions at Suzhou Deshang. I will not let down any of my colleagues who work hard at their jobs..."

"If you want to continue to start a business in this field and do assembly business, you can also follow me. We [Lion Technology] have a vast market in Africa. I am willing to share the market and various intelligence with you, and we will work together to develop..."

"We have also established a base in the west of China. Although the profits are not as high as those of you in Europe and the United States, with the support of the country, we can survive and get better and better..."

"If you feel discouraged and don't want to work in the photovoltaic field anymore, we have other positions. Our [Xiaomi] series of mobile phones are still selling well. At the beginning of next year, we will also launch our own [Xiaomi 3] mobile phone..."

"We also have a logistics system, and the logistics system is expanding..."

"We also have [Wheat Mall]..."

"..."

Zhang Yang waved his hand with a smile on his face, and then, under all kinds of gazes, the staff who had been prepared in advance distributed job recruitment pages about the industry behind Zhang Yang to everyone.

Looking at these pages, everyone started whispering to each other.

"All right!"

"Everyone..."

"The era of [Suzhou Deschamps] has officially ended."

"I hope you won't be lost in reminiscing about the past..."

“This is just a short journey. No matter how wonderful the journey is, I hope everyone believes that a brighter tomorrow is just around the corner!”

"..."

After Zhang Yang finished saying this, he looked into the distance.

far away……

A group of staff took down the sign of "Suzhou Deschamps".

Immediately afterwards, the sign was changed to [Wheat New Energy].

Because [Suzhou Deschamps] is insolvent...

Therefore, the headquarters building built by Suzhou Deschamps in 07 began to be auctioned.

In the end, the building that cost 5.1 million to build was officially sold to Zhang Yang for around 4.6 million.

……

Zhou Xinsheng stared blankly at the sign that he once took pride in.

All the memories came flooding back like a tide...

Rising from the grassroots, it was a shining star when it went public in the United States, and when it was at its lowest point, it tried every means to preserve its brand...

……

The memories, one after another, all ended when the sign was thrown aside like trash.

Ironically…

He was the original owner of this building.

However, neither the auction nor what happened next had anything to do with him. Even except for the signature, everything in the building had nothing to do with him.

Only a few days had passed...

……

"Mr. Zhang, the liquidation of Yingli's assets has also come out. My R&D department called me just now. We can use some of their technologies, which will be helpful to the future monocrystalline silicon field. Should we take them?"

"how much is it?"

"With about one million, we can get a practical patent, but it's only a semi-finished product. We still have to continue researching this topic, but the investment is estimated to be not small..."

"Take it down."

"Okay, your words are enough. As for the building over there, we..."

"The building is no longer needed..."

"Row!"

Then...

In his eyes...

Zhang Yang followed Diao Guangdou from Shenglan Technology and walked out of the company step by step without even saying hello to him.

He subconsciously followed her outside the house, wanting to say something, but in the end, nothing came out. In the end, he could only lower his head and watch Zhang Yang, surrounded by a group of people, get into a business car and disappear in the vast crowd...

When he looked back at the building again.

He suddenly smiled bitterly.

"My time is over."

"..."

After giving a bitter smile, he sat down on the marble steps at the door and lowered his head in confusion.

The whole person is a bit dazed...

ended.

..............................

this world.

It seems that stories of destruction and rebirth are being played out every day.

January.

China's veteran photovoltaic company has entered its final asset liquidation.

During this liquidation period, no one took action to pull these old photovoltaic companies that had fallen off the cliff back up.

The once expensive machines and patents were eventually packaged up and sold to three companies: [Wheat New Energy], [Zhenjiang Technology], and [Songxiang Photovoltaic] at a debt-paying price.

The detailed information and resumes of former photovoltaic industry practitioners eventually ended up in the hands of the HR specialists of these three companies...

……

12 month 1 day.

After the assets of the last batch of China's old-line photovoltaic companies were liquidated.

The first generation of photovoltaic practitioners in China, led by Zhou Xinsheng, has officially withdrawn from the stage of history.

but……

The new generation of photovoltaic power, led by Zhang Yang, did not give everyone the opportunity to reminisce and immerse themselves in it.

Just that day...

Zhang Yang held another press conference.

And, one thing was announced!

That is……

Led by [Xiaomi Technology], [Zhenjiang Technology] and [Songxiang Photovoltaic] joined...

【Photovoltaic 2.0 Alliance Plan】!
(End of this chapter)