Chapter 411: Beijing North
If you want to count the time when domestic OLED screens are promoted to high-end, then Beijing North, which supplied screens to Xiawei mate20pro and Korean stars a few years ago, is one of the sparks.
The display panel industry has a very long supply chain, and as a pioneer, Korean Star naturally has strong patent barriers. Not everyone has the courage and ability to solve problems starting from raw materials.
If you want to buy a good enough neon high-precision exposure machine from Beijing North, Tianma, Visionox, Xia Dian, etc., you have to ask your grandfather and grandma, and try your best to pay a high price to have a chance to buy it.
to a very small number of devices.
Mobile phone manufacturers such as Xia Wei and Opo Viv wanted to use Korean Star's high-end OLED screens. If Korean Star Display hadn't invested too much later and urgently needed to withdraw funds, I'm afraid they would have continued to supply second-generation products in small quantities as before.
Hanxing Display originally had a genius idea. It took high-end orders from Daxia mobile phone manufacturers and shipped the goods by itself. After the invested factories and technical equipment came to fruition, it would enter a new stage, let alone Daxia's mobile phone manufacturers.
By then, all equipment manufacturers in the world who need to use high-end OLED screens will have to pay tribute to themselves.
But in other stories, Cheng Yaojin came out halfway, but in this world, on the road to monopolizing OLED display panels, Korean stars first came out of Beijing North, secretly came up with mid-to-high-end technology, and then came out again.
Jiuzhou Technology, the new comer is not good at all. As soon as he comes to power, he will attack with big moves.
Self-produced raw materials, self-modified equipment, and self-optimized production lines have no other shortcomings except small production capacity.
And production capacity?
Daxia's companies have a mysterious talent for expanding production capacity.
As long as you complete the key step from 0 to 1, the next hundreds or thousands will almost fall into place.
Gu Qing's subsequent strategy of having more friends and fewer enemies also allowed other display panel manufacturers in Daxia to see a new dawn.
As a listed company, Beijing North has a very special feature, that is, it has two stocks, Beijing North A and Beijing North B.
Beijing North A refers to the stocks issued by Beijing North in the mainland A-share market.
Beijing North B refers to the shares issued by Beijing North in B shares. However, the share price of Beijing North B is generally only 80% of the share price of Beijing North A.
At the beginning of this century, Beijing North's capital chain was almost broken. Subsequently, the Yanjing Municipal Bureau endorsed it, and Xia Kai Bank took the lead. Nine banks turned into money-giving boys and provided hundreds of millions of dollars in loans. Not only that, the Yanjing Municipal Bureau also
Separately, it provided a loan of nearly 3 billion Xia Yuan to Beijing North.
In this red land, almost all companies that are now familiar or at the forefront of the industry have basically received official support from the Xia State in the early or mid-term. Otherwise, when this company expands the market and becomes bigger, the huge financial pressure will be
It is simply impossible for a company 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. They are not only honest, but also skillful in using sneaky tactics.
Careful people will find that many Internet companies in Daxia currently have foreign investment. However, for the technology companies that are really engaged in research and development in Daxia, there are not many foreign investors. There are many trolls. I know that companies such as Ali will be in the early stage.
The "tragic experience" of the Chinese people and the "courageous investment" of foreign capital are both evocative and thought-provoking.
Xia Zi's vision is short-sighted and rigid; foreign capital's vision is long-term and flexible.
While pulling and stepping down, they never talk about the special characteristics of Internet companies.
Whether they are building platforms or building functions, Internet companies almost always adopt a mad dog-style expansion in the early stages of development in order to prevent competitors from copying and suppressing them. This kind of reckless and crazy expansion requires a large amount of money to burn.
First of all, it is impossible for a bank to provide tens of millions of loans to a small business or ordinary people, so if the founders do not have strong capital, they must rely on most investment institutions such as financing, 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 hyped up and the financing money is used to burn the market, then the story will be told, and this story that has begun to be fleshed out, investment institutions can make a fortune if they want to get out of it.
Therefore, investing in Internet companies is a project with an easier return for foreign investors than other investments. After all, there are really not many companies like Ruixing Coffee in Daxia that can draw a pie.
As for companies that focus on technological R&D, as we all know, the research and development of a single part of this kind of company may cost hundreds of millions, and it is also possible that the project will go bankrupt, and investors may only get a pile of scrap metal after spending money.
It so 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 there are so many explanations 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. He hugged Gu Qing affectionately and patted the other party's shoulder. "It's a pleasure to cooperate. It's like the waves behind the Yangtze River push the waves ahead. I hope you can help us in Daxia."
The better we can make our reputation louder, it will make companies like Korean stars run around."
Gu Qing was flattered when he heard the words that sounded like the chatter of an elder.
After all, the middle-aged and elderly man in front of him is called the "Father of Daxia's LCD Industry" by the industry. He has won honorary titles such as "Leader of Daxia's Information Industry" and was awarded "David Sanoff" by the International Information Display Society.
Industrial Achievement Award", the generation of bosses who founded Beijing North.
"Ah, we will work hard, and you are so strong, we will work together to defeat those paper tigers in the future."
"Hahaha, they all say you look like a fool, but I think you are really outspoken. Not bad."
Wang Dongfu, who was in his destiny year, smiled again and patted Gu Qing on the back.
At the same time, reporters and photographers not far away were pressing their shutters frantically to record the cooperation between the leaders of the two major technology companies.
One is old and the other is young, one is mature and steady, and the other is young and active with surprises.
Jiuzhou Technology has in-depth cooperation with Beijing North, and the OLED screen components, raw material production technology, and even the curling screen production process and special equipment supply agreement were officially signed today.
Chapter completed!