sinovels Chapter 406 Jing Dongfang: Dad, Take Me To Fly!
Chapter 406 Jing Dongfang: Dad, Take Me To Fly!
soon.
On November 12th.
Some details of Future Group's first financing after its listing were revealed, immediately occupying the front page of global news.
Lu Yi led his team to appear in New York, which aroused the imagination of countless people. Naturally, there will be people who are interested in digging into the meaning behind this.
So a few days ago, Future Group held a shareholders' meeting to vote on public financing. It was dug out and it was impossible to cover it up.
For a while.
All major mainstream media at home and abroad rushed to report on it.
People in the industry were even more stunned.
"Wang Defa? Are those vampires on Wall Street crazy? They raised 10.5 billion meters of gold, which is equivalent to nearly 82 billion RMB based on the exchange rate of 7.8. Oh my god, help me, I'm going to faint!"
"This is too exaggerated! Financing 82 billion yuan is a bit ridiculous!"
"It's a fortress! It's really a fortress! As expected of the Future Group, once it takes action, it will leave others alone!"
Future Group is really awesome! I never thought that a domestic company would be able to stand among the top 22 companies in the world and challenge giants like Microsoft. I’m convinced!"
"Look at last year, Future Group's share price suffered a setback and fell below the issue price. A year later, it made a comeback and tripled its market value, reaching 130 billion meters!"
"Haha, brother, the news is out of date, it has already risen back to 150 billion meters of gold!"
On the day the news broke, Future Group's share price instantly stopped falling and stabilized. Then countless investors rushed to raise funds, and the stock price violently increased by 90 degrees and the amplitude of the share price reached an astonishing 30%!
When many institutions saw this scene, they did not dare to throw down to create a panic and grab chips, because if they were not careful, the few chips in their hands might be picked up by retail investors.
These days, it is not like ten or twenty years later, when a major positive, such as a good additional issuance and expansion of shares, turned into a major negative.
In this era, additional issuance is a real and major benefit.
If you issue additional shares, you need investors to take over the offer. If no one takes over, it will be a negative.
But obviously.
Future Group has raised 10.5 billion yuan by issuing additional shares and expanding its shares this time, so it has no worries about not having investors to take over.
Although it was a public fundraising method, the vast majority of the more than 60 million additional shares actually went into the pockets of the big investment banks, and small retail investors couldn't grab much at all.
This only illustrates one problem. Major investment institutions are very optimistic about Future Group, so they are rushing to buy Future Group's stocks.
Are you going to smash the market at this time to create panic and grab money?
No other bad guy would be so stupid.
As a result, a short squeeze emerged, with institutions and retail investors frantically grabbing chips.
at the same time.
When Lu Yi was in New York and meeting Paul and others, Liu Xiaodong, who was in Sioux City, was visiting the optoelectronics laboratory of Blue Star Electronics under the leadership of Liu Hong.
Liu Xiaodong is from a high-tech background and holds the position of technical director at Jingdongfang.
After some technical exchanges with researchers from Blue Star Electronics and Optoelectronics Laboratory, Liu Xiaodong was extremely shocked.
At present, Beijing Dongfang's most advanced technology can reach the 6th generation line, but Bangzi country, island country and Baodao can already reach the 8th generation line.
Most of other domestic LCD panel factories cannot even reach the 6th generation line.
This is why China is the world's largest LCD TV market, but all large-size LCD panels rely on imports.
The so-called LCD panel algebra means that during production, the glass substrate used has a fixed size, and LCD panels of different sizes are formed by cutting. According to the different cutting sizes of economic benefits, it is divided into different generations.
For example: the highest substrate size of the 5th generation line is 1200X1300mm, which can cut out up to 6 27-inch widescreen LCD panels.
In general, the higher the panel generation, the larger the panel size, and the greater the number of screens to be cut, the higher the utilization rate and efficiency, and the cheaper the price can be, which means the stronger the panel factory is.
China can now reach the 5th generation line, but the cut panels cannot supply the large-screen LCD TV market.
Because the 5th generation line and below are mainly used to produce monitors for notebooks and desktop computers.
Only the 6th generation line can be used to produce LCD TVs.
BOE now has the technical strength of the 6th generation line, but the panel factories in the Bangzi country, the island country and the Baodao area have directly united to lower the price of the 6th generation line of LCD panels.
Manufacturers will naturally choose panel companies from foreign countries or Taiwan that offer lower prices and better quality.
As for products below the 6th generation line, most domestic and foreign panel manufacturers can make them. If you want to gain market share, it depends on who makes them with high quality and low price.
This is why, as a leading player in the domestic panel industry, BOE went straight into the dark ages after experiencing its highlight moment in 2003, with huge losses for two to three years.
When Liu Xiaodong communicated with researchers from the Optoelectronics Laboratory, he not only learned that the laboratory's technology could equal those of well-known foreign manufacturers, but also be even better in aspects such as color display.
When showing the results to Liu Xiaodong, it can be clearly seen that the LCD display of Blue Star Electronics and Optoelectronics Laboratory has brighter and clearer colors than similar displays.
After the whole visit, Liu Xiaodong was greatly shocked.
Jingdong Fang specializes in LCD panels. It has been committed to LCD panels since its establishment in 1993, and has accumulated rich technical background.
result.
The technology they have accumulated for more than ten years is completely inadequate in front of the optoelectronics laboratory of Blue Star Electronics.
It is just the result of a laboratory, but it completely scorns Jingdongfang, which is comparable to industry giants such as Sanxing, LG, Yoda Optoelectronics, Qimei Electronics, and Sharp.
It’s really shocking!
After reporting the laboratory visit to Wang Dongsheng, Wang Dongsheng was also surprised.
Is the optoelectronics laboratory of Blue Star Electronics so impressive?
Technically, they directly beat Jingdongfang!
but.
After learning about this situation, Wang Dongsheng became more determined to cooperate with Blue Star Electronics.
If Blue Star Electronics can provide some technical assistance to Bingdong, it will definitely give Bingdong a pair of wings to take off. In the domestic large-size LCD panel market, there will no longer be a need to look at the faces of companies from Bangzi and Island countries. .
In the field of domestic LCD panels, everyone can make small and medium-sized LCD panels, so they lower prices and engage in price wars to compete for the market, which is very fierce.
But after all, the domestic technical strength is not as good as that of companies in Bangzi countries and island countries. People who can reduce costs to extremely low prices can still make a profit.
But this is not the case in China.
If the price is the same as that of companies such as Sanxing and Xiapu, it will be a loss.
You can persevere for a short period of time, but once the time goes by, bankruptcy and bankruptcy will be the final destination.
In terms of large sizes, there is no such technology in China at all, and we can only import them at high prices from companies in Bangzi countries, island countries, and treasure islands. You have to pay how much they say.
People can start a price war with domestic companies in the small and medium sizes, and then shout high prices on the large sizes to get back the money lost by the small and medium sizes.
Domestic panel companies simply cannot compete with the cooperation of these three parties. .