Chapter 158 Reject the idea of ​​a four-star joint venture!

“Four Star Group should be considered the top manufacturer in the field of AMOLED LCD screens. You shouldn’t have any problem with that, right?”

Cui Shirong asked cautiously.

In the field of AMOLED, Chen Jinghong really thinks there is nothing wrong with Cui Shirong’s words.

Although domestic manufacturers have been catching up in recent years, there is still a big gap compared with the top screens of the Four Star Group.

Even though AMOLED is facing elimination now, we cannot deny the leading position of the Four Star Group in this technology.

“no problem!”

After hearing Chen Jinghong’s answer, Cui Shirong immediately continued, “Based on this alone, I believe it can prove that our Sixing Group is stronger than BOE and Tianma Group in terms of screens!
I believe that as long as the Sixing Group obtains the MCTL authorization, its final performance will definitely be better than these two companies, and your company will definitely gain more profits.”

Chen Jinghong looked at Cui Shirong and said, “So has your Four Star Group decided to pay 30% of the shares in exchange for authorization?”

“No!” After denying it, Cui Shirong knew he couldn’t wait any longer and immediately expressed his thoughts: “Sixing and Jingqing can definitely set up a joint venture.

Sixing can be fully responsible for all the financial and management operations of the joint venture. Jingqing only needs to authorize the joint venture MCTL and accept the joint venture’s orders to build production lines.”

After hearing this, Chen Jinghong finally understood what the other party was planning.

After hearing this, it was not difficult for Chen Jinghong to understand the Six-Star Group’s thinking.

Looking at the current performance of MCTL screens, no one in the industry thinks that self-luminous technology like AMOLED still has a chance.

In terms of eye protection alone, self-luminous technology has no rival, not to mention MCTL’s color reproduction, resolution, and power saving, which are far superior to self-luminous technology in many aspects.

Although the screen is only one of the important projects of the Six Star Group, they do not want to watch themselves lose this market.

So apart from developing better technology than MCTL, the only thing left is to find Jingqing to obtain authorization.

However, the conditions given by Jing Qing for authorizing them are well known. For example, it is impossible for the Six Star Group to agree to 30% of the shares.

Of course, they also considered splitting the department into a branch and exchanging 30% of the branch’s shares for authorization, but after the final discussion, they decided to set up a joint venture.

“Oh!” Chen Jinghong looked at the other party and smiled and asked, “It sounds really good. Tell me in detail!”

Cui Shirong thought that Chen Jinghong was already interested, and he was overjoyed. He immediately started to talk about the conditions discussed within the Four Star Group.

“The total investment of this joint venture is over 30 billion US dollars, which will be carried out in three phases, and the funds will be fully provided by the Six Star Group.

In the joint venture, Jingqing holds 45% of the shares.

Your company only needs to authorize the joint venture MCTL and build ten full-specification production lines for the company as quickly as possible. Of course, the joint venture will purchase it at the normal amount! “

These conditions sound really good at first glance. Jing Qing only needs 30% of the shares for authorization, and Four Star will directly pay 45%.

Except for the construction period requirement, everything else in building the production line is done as normal.

The total investment of the Six Star Group is 30 billion US dollars. If Jing Qing grants authorization, he can get 45% of the shares for free, which is equivalent to getting more than 13 billion for free in an instant.

“That sounds really good!”

“The Four Star Group is sincere about this cooperation and will certainly not let Jing Qing suffer any loss!”

Cui Shirong immediately smiled.

At this moment, he didn’t think that Chen Jinghong would reject these conditions. You know, one-third of the senior executives within the Four-Star Group alone are opposed to it.

If it weren’t for President Han Zhongxi’s decision, it would be impossible to pay such a huge price in exchange for MCTL authorization.

“I can see that you are indeed anxious, but I’m sorry, I hope you won’t be anxious for now! So I reject your group’s idea!”

Just a few words made Cui Shirong stunned. He didn’t care about the person in front of him who was in a hurry.

At this moment, there were only three words in his mind: ‘I refuse’.

After hearing this, he thought that he had not explained it clearly enough. Chen Jinghong did not understand what benefits Jing Qing could gain if the two sides cooperated.

“Mr. Chen, perhaps I didn’t make myself clear enough. For this cooperation, your company only needs authorization, and the joint venture company will pay Jing Qing the subsequent patent fees as usual.

You should know that our Four Star Group has almost all the high-end products in the world as its customers if both parties cooperate.

Apart from anything else, the patent fee paid to Jing Qing every year is an astronomical figure!”

Chen Jinghong smiled and said, “I understand all this. Maybe your company is very sincere this time, but so far we have no intention of authorizing foreign companies!”

“Are you not satisfied with 45% of the shares?” Cui Shirong continued, “These can all be discussed. A few more percentage points is no problem!”

“Sorry, we don’t have this idea at the moment. If we ever want to introduce an external company, we will contact you!”

“…”

No matter what conditions Cui Shirong offered, his attitude was again humble, almost begging on his knees, but Chen Jinghong did not agree to the idea of ​​a four-star joint venture.

Cui Shirong didn’t know how he left Jingqing and flew back to Korea. CEO Han Zhongxi was so courageous, but he couldn’t get it done even though he was given such conditions. He knew that what was waiting for him when he returned to the company would definitely be the introduction of a four-star decision-making level.

“Extra, Extra, Sixing Group’s Electronics Division President Cui Shirong came to Pengcheng a few days ago in person hoping to set up a joint venture with Jingqing in exchange for MCTL authorization!”

“? Are you kidding me! Sixing is a top manufacturer in the LCD screen market. Do you still need to come to Pengcheng to ask for Jingqing?”

“The village above has Netcom? Don’t you know that AMOLED technology is facing elimination? Don’t keep us in suspense, what will be the final result?”

“Haha, I heard that the Four Star Group promised a total investment of 30 billion US dollars. Jing Qing only needs to give the authorization normally and Four Star will agree to give more than 45% of the shares!”

“Damn, I’m tempted by this offer. If it were me, I would definitely agree to it right away!”

“The poster, based on this sentence alone, you can only be a loser. I guess Jing Qing definitely did not agree to the Four Star Group. Can the poster please announce the answer, right?”

“Hehe, I heard from my cousin’s classmate’s cousin’s brother-in-law that Chen Yaonie did not agree to the Four Star Group, but he almost lost his soul when he urged Shi Rong to leave Jingqing Building!”

“My guess is that if Jingqing’s vision is so small, there is no need to license MCTL technology to others. After all, licensing is not as profitable as monopoly!”

“Looking at it comprehensively, from Tiansheng Optics to the current Jingqing Group, Mr. Chen is playing a big game!”

Chen Jinghong had no intention of keeping the content of the chat with Cui Shirong secret, and it was quickly spread out, causing another uproar on the Internet.

After hearing this news, many people in the country felt nervous. Many people were afraid that Chen Jinghong would agree to the conditions offered by the Six Star Group.

If four stars came in to compete, they would have no confidence at all.

After hearing Chen Jinghong reject the Four Stars’ cooperation idea without hesitation, these people relaxed and secretly felt lucky that they didn’t have to compete with the Four Stars Group in the MCTL track. What followed was ecstasy. Betting on MCTL was originally a gamble, and now even the Four Stars Group surrendered and wanted to join.

Doesn’t this mean that the OLED screen giant Six Star Group is no longer optimistic about the old technology? Otherwise, how could it be willing to pay tens of billions to get in?

The Four Star Group is optimistic, which means they made the right bet.

……

Tianma Group headquarters, inside the president’s office!

“Lao Chen, we are going to order a batch of MCTL screens. The price is negotiable, but we hope you can help us produce them as quickly as possible!”

“Well, our production line was just built not long ago, and the front-line employees are still in the familiarization stage, so the production speed cannot be increased. We have already received orders from OOPP and Meilan some time ago. You are cutting in line…”

Early this morning, when Chen Hongliang received a call from Lei Jun, he guessed what the other party wanted to do.

After the two sides chatted for a few sentences, it turned out that Lei Jun really wanted to jump the queue and order the MCTL screen.

“Old Chen, you have to remember who supported you regardless of the consequences when your technology was immature, and who was the first to use your product on a flagship model.”

‘really! ’

Chen Hongliang was speechless for a moment, as he thought that Lei Jun might bring up this incident.

Of course, what Lei Jun said was also true. The Rice Group did help a lot at the beginning. Without the support of the Rice Group, Tianma’s development would not have been so smooth.

“Boss Lei, it’s not that I won’t help you. Just yesterday, Boss Huang from Meilan came to my office in person and asked me to be the first one to produce screens for them.

Mr. Huang of OOPP did the same. He booked one month’s production capacity right from the start!

Why don’t you go to BOE and have a look?”

Chen Hongliang complained into the phone.

He never thought that one day he would be troubled by order problems.

“I have already asked BOE. Meilan and OOPP acted too quickly. The contracts have already been signed.” Lei Jun said angrily, “Now that I hear you say that, Huang Qifan and Huang Zhang are trying to monopolize your production capacity and encircle us!”

Just now when he contacted Chen Yanshun and heard that BOE’s production capacity had been monopolized by these two companies, he was extremely unhappy.

You should know that before BOE’s trial production, Lei Jun personally contacted the other party and proposed to purchase the MCTL screen produced by BOE.

However, as BOE’s production line was still being set up, trial production had not yet begun.

In addition, the Rice Group also plans to equip the next generation of mobile phones with MCTL, so the cooperation between the two parties is only verbal and no contract has been signed.

It’s just that plans cannot keep up with changes. Now they can’t even wait for the next flagship model, and they need to launch the new phone as quickly as possible.

Unexpectedly, Chen Yanshun informed me at this time that the production capacity in the past few months was almost monopolized by these two companies.

BOE has no spare production capacity to accept orders from Rice Group.

Lei Jun was so angry that he scolded Chen Yanshun for not following the rules. He was obviously the first one to contact and propose purchase, but now the production capacity was given to the other two companies.

Chen Yanshun felt very aggrieved at the time. It was true that Lei Jun was the first person to contact him to propose a purchase, but it was clearly agreed that it was to be prepared for the next generation flagship. How could Gui have known that it would be done in advance?
“It hasn’t come to that yet. I heard that other companies have also obtained authorization and are setting up production lines. Why don’t you go and ask them?” Chen Hongliang suggested.

“Okay, Lao Chen, I don’t understand you. You must have excess production capacity!” Lei Jun said directly: “Think about the relationship we had in the past. Just tell me how much you can supply me. I am not afraid of not having enough now, but I am afraid of not having enough. You understand!”

In the current situation, MCTL has just started to make efforts, and there are only a few production lines that can be put into production.

Lei Jun was also very clear about this. This time he found Chen Hongliang with no intention of asking him to satisfy all his needs. He had only one purpose.

The goal is to get the goods and let Xiaomi mobile phone launch the MCTL screen in the shortest time possible.

As for the quantity, I never thought about satisfying users immediately. The worst that could happen is that users would scold me for playing tricks on them again.

Lei Jun was right about Chen Hongliang. Although Tianma took over the orders from Meizu Blue and OOPP, it did retain a small amount of production capacity.

This tradition has been preserved from the past, and no matter how much production capacity there is, a portion must be reserved to avoid accidents.

I didn’t expect that Lei Jun would find out about this.

“Uh! I can’t hide this from you!” Chen Hongliang said helplessly: “We can indeed give you the spare capacity, but we can’t give you any guarantees on the validity of the contract!”

If this was the first time the two of them were working together, Lei Jun would definitely refuse without hesitation. There was no guarantee of the timeliness, so everything would be in the hands of the other party.

But the two of them are old friends, and Lei Jun believes that Chen Hongliang will not cheat him. Besides, he is the one begging the other party now, so he has no choice.

“I understand. I’ll arrange for someone to go over and sign the contract with you and connect with the development department. Time is tight. Old Chen, please help me!”

“Okay, as long as you don’t mind the amount, I’ll try my best to help you with other things!”

After getting Chen Hongliang’s assurance, Lei Jun hung up the phone with satisfaction.

The same situation that Chen Hongliang encountered was also encountered by BOE.

This time, only OOPP and Meizu Blue did not choose to wait and see. No matter whether it was BOE or Tianma, they couldn’t wait to come to discuss cooperation when the production lines were being set up.

Among them, OOPP was just a letter of intent when AX2 was discussed, but it was immediately confirmed a few days after AX2 was launched.

BOE internal high-level meeting.

“At the beginning, I said that display technology would usher in a major change, but I originally thought the timeline would be extended to one or two years. I never thought that the production line would be almost established.

Just after launching one MCTL product, a huge change has occurred. It seems that my vision is not accurate! “

Chen Yanshun said with emotion.

“If the president has a bad vision, then we simply have no vision. After all, we were against exchanging shares for authorization in the first place.

If it weren’t for you, the president, who decided to exchange the MCTL authorization on your own, I guess our ending would be similar to what Huaxing is doing now.”

“Yes! It seemed like we paid a huge price in the short term, but in this short period of time our shares have doubled. In fact, we didn’t pay any price at all. We benefited a lot from the stock price alone!”

As soon as Chen Yanshun finished speaking, several people in the conference room immediately started to flatter him crazily.

Most of these people were initially opposed to exchanging shares for authorization, but now they are very glad that Chen Yanshun insisted on doing so.

(End of this chapter)