Chapter 411: Northern Beijing

If we 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 high-precision exposure machine made by neon products 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 want to use Korean Star's high-end OLED screens. If Korean Star Display had not invested too much later and was in urgent need of funds, I am 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 after shipping the goods itself, it would enter a new stage when the invested factories and technical equipment come to fruition, 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 monopoly of 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 next 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 capacity expansion.

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, Yanjing City Bureau endorsed it, Xia Kai Bank took the lead, and nine banks turned into money-giving boys and provided hundreds of millions of dollars in loans. Not only that, the Yanjing Municipal Bureau also independently loaned 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 aboveboard, but also skillful in using sneaky tactics.

Careful people will find that many Internet companies in Daxia currently have foreign investment. However, there are not many foreign investment companies in Daxia that are really engaged in research and development. Many companies such as Shuijun and Gongzhijiang Ali are in the early stage. The "tragic experience" of the Chinese Communist Party and the "courageous investment" of foreign capital are both evocative and thought-provoking.

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

While pulling and stepping down, they never talk about the special characteristics of Internet companies.

Regardless of whether they are building platforms or building functions, Internet companies almost always adopt mad dog-style expansion in order to prevent competitors from copying and suppressing them in the early stages of development. 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 financing. Most investment institutions such as angel investment, VC, and PE are 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 with 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 specialize in 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. Investors may only get a pile of scrap metal after spending money.

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

The system is different and the thinking is different.

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, and he took a step forward and stretched out his right hand to hold it. He hugged Gu Qing affectionately and patted him on the shoulder. "It's a pleasure to cooperate. It's like the waves behind the Yangtze River push the waves ahead. I hope you can make our Daxia name bigger, and it will be great to make Korean star companies flee."

Gu Qing was flattered when he heard the words that sounded like the chatter of an elder.

After all, the middle-aged man in front of him was called the "Father of Daxia's LCD Industry" by the industry, and had won honorary titles such as "Leader of Daxia's Information Industry". He was awarded the "David Sarnoff Industry Achievement Award" by the International Information Display Society and founded Beijing North.

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

"Hahaha, they all say you are like a fool, but I think you are really straightforward. Not bad."

Wang Dongfu, who was in his prime, smiled and patted Gu Qing on the back.

At the same time, reporters and photographers not far away were frantically pressing the shutter in their hands, recording the cooperation between the two technology companies.

One old and one young, one is mature and steady, and the other is young and active and has surprises.

Jiuzhou Technology and Beijing North have in-depth cooperation, and the supply agreement for OLED screen components, raw material production technology, and even curved screen production technology and special equipment was officially signed today.

Gu Qing originally planned to ask the newly promoted Vice President Zhou to come, but when he learned that the person attending the meeting was its founder Wang Dongfu, he chose to attend the meeting in person based on the principles of respect and equality.