Mixed in 1980
Chapter 291 Ali's New Idea
Chapter 291 Ali's New Idea
When Chen Fan acquired the TV factory, he wrote a research report on the future development of TV technology for Lao Gu. Before OLED came out, LCD technology was particularly crucial.
LCD technology began to be used in the 1980s.
Currently, it is mainly used in computer monitors, electronic watches, and pager displays, and its commercial value is self-evident.
Mr. Gu attaches great importance to the research and development of future technologies. He can't make large screens yet, but small screens are no problem at all. He has already started supplying electronic watch manufacturers in mainland China.
Chen Fan's newly established pager brand had already negotiated with Lao Gu before the factory was even built, and they would purchase display screens from here.
Homemade, so it's cheap!
Importing from the Japanese would not only waste foreign exchange but also be extremely expensive. More importantly, generating revenue would stimulate technological research and development.
After touring the LCD panel factory, Chen Fan added, "Besides LCD panels, OLED technology is also essential; that's the future."
If you're going to make smartphones in the future, you can't avoid OLED screens!
As early as 1979, American professor of Chinese descent, Ching Wan Tang, discovered organic light-emitting diode (OLED) technology in his laboratory.
In 1987, Kodak introduced the first dual-layer OLED device, demonstrating its superior performance and beginning to attract widespread attention.
After leaving the LCD factory and returning to the company, Lao Gu took out a pile of documents and gave them to Chen Fan, intending to explain the company's development over the years.
"I'll take it back and look at it slowly." Chen Fan held the documents, his lips twitching slightly.
Old Gu clearly had no intention of letting him off the hook. He could take his time to look at the documents, but there were many things that Chen Fan, as a shareholder, still needed to understand.
HiLe went through two rounds of financing, both of which were with official entities. In the first round of financing, the official entity acquired several TV component manufacturers.
The second round of financing was used to acquire other home appliance manufacturers.
Today, HILAY's products cover most home appliances, making it the domestic home appliance company with the most complete product range and the strongest strength.
Over the years, Hi-Le's products have always adhered to the 80/20 rule, with 20% sold domestically and the rest exported to earn foreign exchange.
It is a major foreign exchange earner in Guangzhou!
Having developed to the point where it can be considered a home appliance giant in China: "The government even approached us before, saying they wanted to take HiLe public. What do you think about that?"
"Going public?" Chen Fan was taken aback.
"The mainland is going to open a stock exchange this year, starting with pilot programs. Our company is large and profitable, which is why the higher-ups have this idea."
Chen Fan then remembered that the mainland had indeed established a stock exchange this year, and was beginning to implement these measures based on the principle of "if it works, it goes up; if it doesn't, it goes down."
In fact, the stock was already issued in 84.
The first stock issued was by Feilo Acoustics in Shanghai, but there was no stock exchange at that time, so they eventually found ICBC to issue it on their behalf.
On November 18, 1984, the company publicly issued 11 shares at 50 yuan per share, accounting for 10% of the total share capital, which were snapped up on the same day.
Following the success of Feilo Acoustics, companies such as Yanzhong Industrial, Shenzhen Baoan, and Vacuum Electronics have also issued shares in this manner.
There were eight in total, known as the "Old Eight Stocks"!
With stocks came the need to transfer them. At that time, there were no securities companies, so stock transactions could only be done privately by finding a buyer to transfer the stock.
But without a third matchmaker, how do shareholders know who wants to buy shares?
Thus, the stock exchange was established, and the Jing'an branch in Shanghai was renamed the Jing'an Securities Business Department. The entire business department was only 12 square meters and was converted from a barbershop.
"How did they find us?" Chen Fan frowned.
If I remember correctly, the pilot program was launched in 89 and officially implemented in 90, but at that time the securities market only had the original eight stocks and no other companies.
"As I just said, we're large and profitable, so I guess they think our listing will boost the stock market," Lao Gu explained.
Chen Fan shook his head slightly: "No matter what, let's not get involved. The stock market is only so small now, how much money can it raise? It's not worth it."
"makes sense!"
Old Gu stretched and continued talking about the company's products and future plans. Chen Fan listened attentively and offered suggestions from time to time.
After a long day of work, Old Gu finally let him leave.
After dinner, we returned to the hotel around 7 p.m. Zeng Ali was already back, sitting on the sofa, flipping through a document.
Seeing him return, Zeng Ali closed the file and teased, "I was thinking that since you've come all this way, Old Gu would have a long talk with you by candlelight."
"That's pretty much the situation."
Chen Fan waved the documents in his hand and placed them on the coffee table: "Old Gu is really something, such a big document, how am I supposed to have time to read it?"
She gestured for Chen Fan to sit down, then shifted to a more comfortable position and leaned against him: "After all, we've taken a stake, so we should still show concern."
He placed his hand on his wife's flat stomach and said, "You manage everything. There are never enough hours in a day. You're just paying money to suffer."
"makes sense!"
Zeng Ali tilted her head slightly and kissed him on the lips: "Comrade Chen Fan is quite capable of balancing his career and family well."
The large hand moves upwards.
Covering the full, steep peaks, he exerted a slight effort: "There's no way around it, my wife at home is too beautiful, I can't bear to leave her to pursue my career."
I felt a warm breath near my ear.
Zeng Ali blushed and murmured softly, "You're never serious, and you have such a sweet tongue. Is this how you coaxed Qiu'er back then?"
Gently biting her earlobe, she slipped her hand inside her clothes: "That's right, coaxing one person to help two others, this should be the most successful investment of my life."
His body trembled slightly.
Zeng Ali pressed down on the large hand: "Stop fooling around, you've been out all day and haven't showered yet." Chen Fan raised an eyebrow: "Shall we shower together?"
Zeng Ali was startled and spat, "You filthy scoundrel, don't even think about it. You're always thinking of weird and strange things. Can't you just behave yourself?"
"Can an honest man marry three wives?"
Chen Fan stood up, went to the bathroom to fill the bathtub with water, and then returned to the sofa: "Honey, I'll show you something different later."
Zeng Ali blushed, not knowing whether to laugh or cry.
That scoundrel is really greedy!
"Comrade Chen Fan, I advise you to take it easy. Don't let yourself become weak and incapable by the time you turn thirty. You'll end up with a thermos in one hand and a newspaper in the other, a typical retired cadre."
"Drink today, for tomorrow we may die!" Chen Fan raised an eyebrow.
Zeng Ali got up, grabbed a bath towel, and gave him a flirtatious wink: "Little brat, I'll make you walk out of here holding onto the wall later."
"Big sister, I'm really looking forward to seeing your abilities!"
……
After a long while, Zeng Ali was carried out, lying there weakly. Looking at the scoundrel beside her, she couldn't help but roll her eyes.
It really is the production team's donkey!
The scoundrel reached out again, his fingertips tracing across her smooth back: "Big sister, let's discuss what 'protracted war' really means later."
Zeng Ali chuckled: "You little brat, you should ask Qiu'er about that. She knows what it means to trade numbers for time."
Chen Fan hugged his wife: "Now it's just you, big sister..."
Zeng Ali kissed him: "Little brat, stop fooling around. We have to go to the factory tomorrow. Let's talk about serious business. I'm planning to expand the factory again."
"You want to expand further?" Chen Fan was slightly taken aback.
Zeng Ali's factory was huge, with an investment of hundreds of millions of US dollars in the mid-1980s. It was no small business, and its annual output was extremely impressive.
"I plan to start another sports brand."
Zeng Ali arched her back and found a comfortable position: "Although there are sports brands in mainland China, their prices are very low, so they cannot form high-end brands."
"Nike has already entered the mainland market, and Adidas will come in later. I want to create a sports brand that can compete with them."
"Can you manage all that?" Chen Fan frowned.
Last year, Zeng Ali decided to develop domestically produced luxury goods, and the project has already been launched. The research team has already gone to the mainland to search for ancient luxury goods.
Zeng Ali pinched her husband's cheek: "I plan to follow your example and set up an investment company to manage the companies under its umbrella."
Chen Fan pondered for a moment, then said, "That works too. It will save you a lot of trouble. I'll inject some more capital into you so you can expand the business."
"No need, I don't lack money."
Zeng Ali made $7.5 million from the Japanese futures market, and recently transferred $1 million to Zhao Yuanyuan for an anti-aging project.
In addition, Lululemon also has factories that have been highly profitable in recent years, with a large amount of funds lying in their accounts that they haven't used much of.
"Then you can do whatever you want. You'll probably be working non-stop this year, and next year you'll be having your second child. By then, even if you want to be busy, you won't have time."
"OK……"
Zeng Ali squinted, feeling a pair of large hands roaming over her body: "Little brat, stop messing around, you have to go to work tomorrow."
"Let's go again tomorrow afternoon!"
"Big livestock!"
……
The next day at noon, Zeng Ali stretched lazily, yawned, and got up to get dressed.
He glanced at the accountant who was reading the newspaper, walked over with a bitter face, and kicked him. He knew he was in for a rough time before Qiu'er gave birth.
After lunch, Zeng Ali had to go to the factory, and Chen Fan had to go to the pager factory. The couple had been busy here for several days before crossing the border into Hong Kong through the Luohu Port.
Zeng Ali is a typical action-oriented person. After arriving in Hong Kong, she immediately began to prepare for the establishment of an investment company, which she named Starlight Investment.
Sparks and starlight, they make a perfect pair.
Chen Fan didn't sit idle either. After arriving in Hong Kong, he rested for a day and then went directly to Xinghuo Investment, intending to finish things as soon as possible and go home.
There are two pregnant wives in the family.
Chen Fan summoned Zhou Wenya, Yu Jing, and Wu Zhijie to his office and brewed a pot of tea: "How are the negotiations with Sanli Shipping going?"
Yu Jing took the teacup and took a small sip: "President Chen, we have basically reached a consensus, but there is still a small disagreement on the land value assessment."
"We need to reach a consensus as soon as possible and finalize things. Next, we need to focus on shipping. Dragging things out for too long will not be good for us."
Chen Fan took out a cigarette and tossed one to Wu Zhijie: "How's the negotiation going at Piers 1-3 in Kwai Chung? The British still won't budge?"
P.S.: First update! Thanks for all the votes, everyone!
(End of this chapter)
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