Super Tycoon

With more orders, can the production capacity keep up?

I can keep up. The factory in Changchun has been expanded, and the new production line has been debugged and ready for production, Liu Chuanzhi said.

In fact, Liu Chuanzhi regrets being the chairman and president of Changchun Caijing, and Zhang Yang should be allowed to do this job. The salary is not high, but there are many jobs, which makes him have a lot of things every day.

Zhang Yang came to manage, and he was also very relieved. A company as big as Zhiduoxing is well managed.

How is the progress of the liquid crystal display project, has it started to be promoted now?

We plan to vigorously promote it next year. Isn't the production capacity just increased? It's just that we added an additional investment last time, and the state-owned assets are very difficult.

Now the technology research and development laboratory is also expanded, and the money is spent to develop the production technology of liquid crystal raw materials. If you want to launch this production line, you will need a lot of money.

The city has asked when Changchun Caijing will be listed.

Zhang Yang handed Liu Chuanzhi a cigar, and Liu Chuanzhi waved his hand, took out his own cigarette and lit it.

Old Liu, didn't Changchun Caijing not really make a profit in the last meeting?

Yes, the net profit is negative. But you can go public through a backdoor, such as acquiring a related listed company, and then you can issue additional shares to raise funds, but I did not agree.

Changchun really hopes that the company can go public, because according to the company's strategic development plan at this time, it will need at least a few hundred million dollars in investment in the future, or even more than one billion dollars.

If such a large amount of money is subscribed according to the proportion of shares, Changchun will not be able to get it out. The industry that can be obtained here is only an automobile factory, which is not actually owned by Changchun, but only managed.

Everyone knows that after expansion, it will be able to occupy a larger market share in the future, have a stronger ability to resist risks, and develop better.

The bigger the company, the higher its popularity, and at the same time, it can be more noticed by other companies and consumers. But the biggest problem is that they have no money. The other shareholders have money, but Changchun has insufficient funds.

This is the best way to raise funds through listing. Their voting rights will not be diluted, while the company still has enough funds to grow.

But if you want to be listed, you have to be qualified enough.

It doesn’t mean that a company cannot be listed if it has debts and losses for years.

Many market listings do not require profitability, but only require the amount of annual revenue, the amount of investment, the number of employees and shareholders of the company, and the number of years of operation of the company.

For example, NASDAQ is so loose that many companies with debts and losses have achieved good development through listing, turning losses into profits, and bringing investors a lot of returns.

Of course, there are also many investors who have suffered miserably. The stock price has fallen all the way, falling below the issue price, such as the price online, and those who bought the stock at the beginning have lost money.

But now the financial market in North America is very poor, and investors there are more cautious about IT companies. What's more, Changchun Caijing's revenue is not high at this time, and the number of orders is not enough.

If their LCD project can be successful, then naturally two say.

Therefore, the first listing place that Changchun Caijing considered was Xiangjiang. This is also one of the four major financial markets in the world, and the financial industry is very developed.

But for the same reason, the Hong Kong financial market at this time is not as prosperous as it was two years ago. At this time, the same shares listed at this time must raise very little funds and the number of years is not enough.

Before Liu Chuanzhi asked people to consult him, it turned out that the quotations given by those financial investment institutions were very low, far below Liu Chuanzhi's psychological expectations.

Then at least 70% of the shares must be issued for circulation in order to raise enough funds for development.

After all, at this time, Changchun Caijing's assets are only more than 2 billion RMB, and it is not enough to continue to expand the production line and continue to research and develop raw material production technology without billions of RMB.

Putting too many stocks into the market will greatly increase the company's risks, which Liu Chuanzhi is unwilling to do. Zhang Yang and Sumitomo Corporation are also unwilling, because they both have enough funds for additional investment.

Like Zhang Yang, Sumitomo Corporation is very optimistic about the future development of LCD screens, believing that they will become the mainstream and replace CRT monitors. It is not only applied on computers, but also on TVs, monitors, etc.

The main disadvantage of the current LCD screen is the price. The high cost leads to high prices. Many families and businesses think it is too expensive and are unwilling to buy it.

As long as the cost can be reduced, it will definitely replace the CRT. Who wants to use such a space-consuming product.

Now people like to live in spacious houses and hope to have a large space in their homes, so this kind of thin product will definitely become the mainstream in the future.

Of course, there is another technology at this time, which is plasma. However, the development speed of this technology is not as good as that of LCD, and the price is equally high, or even more expensive.

The battle between LCD and plasma has not yet started. In the future, the competition in this area will be very large, and many companies will fall behind in the competition, or even disappear.

Zhang Yang knew very well that liquid crystals would be the real standout in the future, and plasmas would be forced to stand aside. So he thinks that we should seize the opportunity to let Changchun Caijing develop and grow faster.

Can you stand it? Insist on not going public?

Liu Chuanzhi smiled: Of course. We all disagree, and it's really not worthwhile to go public now. It's drinking poison to quench thirst. But I have also communicated with Changchun Electronics, and Changchun Electronics can find a way to go public through a backdoor and raise a sum of money.

Didn't they just want to do this before, but they were stopped because of violations of regulations. Now that they have thought of a way to go public through a backdoor, they can completely let Changchun Electronics go public through a backdoor.

In this way, when we increase investment next year, they will also have enough funds to allocate capital and keep the shareholding ratio unchanged.

Well, that's good. By the way, is there any TV company that wants to cooperate with us to jointly develop LCD TVs? In the next few years, although this market is not big, it can develop rapidly and the profit margin is very high. high.

In the previous life, this market was occupied by foreign manufacturers. Island countries, South Korea, and Europe are all developing rapidly in the Chinese market.

Later some withdrew, and many thought they had won. In fact, they had already made enough money, and all of Huaxia's branches, including factories, would not be lost.

There is one, the one in Bingcheng.

Bingcheng's, that is, the joint venture between Moscow Electronics and Bingcheng Zhengfu, it seems that other domestic companies still haven't seen the situation clearly.

Or maybe you see it, but you don't have the money.

Okay, then let's cooperate. This market can always bring a lot of profits to the company. Let's go, it's almost noon, let's find a place to chat while eating.

Just right, I still have some cooperation, and I want to talk to you about software.