Chapter 410 Beijing North

If we want to count the time when domestic OLED screens are promoted to high-end, then Beijing North, which supplied screens to Xia Wei Mate20pro and Han Xing a few years ago, is one of the sparks.

The supply chain of the display panel industry is very long, and Hanxing, as a pioneer, naturally has strong patent barriers. Not everyone has the courage and ability to solve problems starting from raw materials.

The rising stars of Beijing, Tianma, Visionox, Xiadian, etc. want to buy a good enough high-precision exposure machine made by neon, they all need to ask their grandpa to sue their grandma, and try their best to pay a high price to have a chance to buy it. to a small number of devices.

Mobile phone manufacturers such as Xia Wei and opo viv want to use Hanxing's high-end OLED screens. If Hanxing Display invested too much and urgently needed to withdraw funds, I am afraid they would still supply a small amount of second-generation products as before.

Originally, the idea shown by Han Xing was also very genius. He took the high-end orders from Daxia mobile phone manufacturers. At that time, all equipment manufacturers in the world that need to use high-end OLED screens will have to pay tribute to themselves.

But in other stories, Cheng Yaojin was killed halfway, but in this world, on the way of Han Xing’s OLED display panel monopoly, he first killed Beijing North, sneaked out mid-to-high-end technology, and then killed another one. Kyushu Science and Technology, the latter is not a good comer, as soon as he came to power, he was bombarded with a big move.

Self-produced raw materials, self-modified equipment, and self-optimized production lines have no other shortcomings except for small production capacity.

And production capacity?

Daxia's enterprises have a mysterious talent for capacity expansion.

As long as the key step from 0 to 1 is completed, the next hundreds and thousands are almost a matter of course.

And Gu Qing's follow-up strategy of making more friends and fewer enemies also gave other display panel manufacturers in Daxia a new dawn.

As a listed company, BOE has a very special feature, that is, it has two stocks: BOE A and BOE B.

Beijing North A refers to the stock issued by Beijing North in the Daxia Mainland A-share market.

Beijing North B refers to the shares issued by Beijing North in B shares, but the stock price of Beijing North B is generally only 80% of the stock price of Beijing North A.

At the beginning of this century, Beijing North's capital chain was almost broken. Afterwards, the Yanjing Municipal Bureau endorsed it, and Xia Kaihang took the lead. Nine banks turned into money-giving boys and provided hundreds of millions of dollars in loans. Not only that, but the Yanjing Municipal Bureau also lent nearly 3 billion Xia Yuan to Beijing North.

In this piece of red land, almost all the companies that are now familiar or at the forefront of the industry have basically received official support from the Xia Kingdom in the early or mid-term. Otherwise, when this company expands its market and grows bigger, the huge financial pressure will not It is simply impossible for the enterprise to grow steadily.

Of course, in addition to Xia Zi, there are also foreign capital represented by Gaosheng Capital. They are veterans in the industry.

Careful people will find that at present, many Internet companies in Daxia have foreign investment in the market, but the technology companies in Daxia that are really engaged in research and development do not have many foreign investors. The "tragedy experience" of the book and the "courageous investment" of foreign capital are both epic and thought-provoking.

Xia Zi is short-sighted and rigid. Foreign capital has a long-term vision and is flexible.

While pulling and stepping, they never talk about the particularity of Internet companies.

Whether it is a platform or a function, Internet companies almost always adopt mad dog expansion in the early stage of development in order to prevent competitors from copying and suppressing, and this kind of crazy expansion regardless of consequences requires a large sum of money to burn.

First of all, it is impossible for a bank to give tens of millions of loans to a small business or an ordinary person, so the founder must rely on financing when his own capital is not strong. Most of the investment institutions in projects such as angel investment, VC, and PE They are all foreign capital, and the conditions for foreign capital to finance Internet companies are relatively low, because Internet companies are very suitable for short-term operations.

As long as the concept is well hyped and the financing money is used to burn the market, then the story will start to be told, and if the investment institution wants to withdraw from this story that has already begun to be full, it can also make a fortune.

Therefore, investing in Internet companies is a project that is easier for foreign investors to return than other investments. After all, there are really not many companies like Ruixing Coffee that can make cakes in Daxia.

As for companies with technological R\u0026D streams, as we all know, for such companies, the R\u0026D of a single part may cost hundreds of millions of dollars, and the project may be burned. Investors may only get a pile of scrap iron after spending money.

It happened that only Xia Zi and Xia Qi were willing to do this kind of loss-making business.

Different systems, different thinking.

The reason why it explains so much is because...

"Happy cooperation." As a junior, Gu Qing took the initiative to extend his right hand to the white-haired middle-aged man in front of him.

Wang Dongfu's face was rosy, he took a step forward and stretched out his right hand to hold it, and even hugged Gu Qing affectionately, and patted Gu Qing on the shoulder. "It's a pleasant cooperation. It's really the waves behind the Yangtze River pushing the waves forward. I hope you can make our Daxia's name a bright spot again. It would be great if you beat the Korean stars and other companies to flee."

Gu Qing was flattered to hear the elder chattering in his ear.

After all, the middle-aged and elderly person in front of me is called "the father of Daxia's LCD industry" by the industry, has won honorary titles such as "Leader of Daxia's information industry", and was awarded "David Sarnoff" by the International Information Display Society. Industry Achievement Award", a generation of bigwigs who founded Beijing North.

"Ah, we will work hard, and you are so strong, we will fight those paper tigers hand in hand in the future."

"Hahaha, they all say you look like a stunned young man, but I think you are really outspoken. Not bad."

Wang Dongfu, who was in his destiny year, smiled and patted Gu Qing's back again.

At the same time, reporters and photographers not far away frantically pressed the shutters in their hands, recording the cooperation between the helmsmen of the two major technology companies.

One old and one young, one mature and steady, one young and active with surprises.

Kyushu Technology and Beijing North have in-depth cooperation, OLED screen components, raw material production technology, and even curling screen production technology and special equipment supply agreements were officially signed today.

Gu Qing originally planned to invite Vice President Zhou, who had just been promoted, to come, but when he knew that Beijing North was attending the meeting with its founder Wang Dongfu, he chose to attend the meeting in person based on the principles of respect and equality.