The acquisition of OLED company Visionox is quite smooth, compared to those companies with tens of billions of dollars, Visionox is nothing, but there is a problem with the purchase of vacuum evaporation machines, although it agrees to buy, but Canon Tokki is not sincere about signing a long-term purchase contract with Visionox.

"How do you feel that they are not willing to sell to us, why?" Zhou Shi

"Tokki was willing to talk at first, but then they asked Samsung, and Samsung strongly objected, knowing that a large part of Canon Tokki's development process depends on Samsung's digestion, and without Samsung's orders, there would be no Tokki now. Therefore...... "Han Xu," Samsung has invested in this industry for many years, and the scope and depth of involvement are beyond our comparison. And I think I can give up the cooperation with Canon Tokki, their products are good, but they are too expensive. ”

"You really surprised me, why do you say that?" Zhou Shi looked at him with a smile, the evaporator was powerful, but Zhou Shi didn't believe that no one could replace him.

"The two fields of OLED, whether it is AMOLED or PMOLED, are difficult to be commercialized on a large scale in the short term, this is the technology of the future, not the current technology, although the evaporator industry Canon Tokki technology is the most advanced, but there are still many such companies. We can cooperate, or we can acquire enterprises and develop our own. Only by mastering our own technology in the field of key OLED parts can we not be restricted from overseas. The most important thing is that Visionox itself is not strong enough, even if it buys the most advanced technology and equipment, it is difficult to fully play its role, which will cause a lot of waste. "Han Xu

"Self-research and development, do we have this foundation and level?" Zhou Shi hesitated, although China is said to be the world's factory, there is no problem in producing most low-end products, but in the high-tech field, it is still reliable for foreign goods.

"Canon Tokki's vacuum evaporation machines are priced at about $100 million (the current price), and if we continue to procure, in less than five years, we can use the money to develop this industry from scratch, and we can also acquire overseas technology and patents. There are dozens of evaporator companies around the world, and not all of them have Tokki's technology and luck. Besides, Tsinghua's R&D capabilities are not good, and we can attract talents from all over the world to join. "Han Xu

Independent research and development! Especially investing in such an unfamiliar industry, Zhou Shizhen is a little scared, this is not like mobile phone chip design, on the basis of ARM, there are excellent talents and enough technical personnel can pile up results. It's not like semiconductor foundry, these are traceable, and it's difficult for others, D, Zhou Shi's understanding of this industry is also very good at Samsung's technology.

"Visionox has the foundation to maintain normal operations, but to take a leading position in this industry, a large investment is essential. For an emerging industry, the cost of independent research and development is relatively lowest. "Han Xu

"Up to $100 million a year, especially good opportunities can be increased, this year you can find a suitable vacuum evaporator company for acquisition, including the acquisition of evaporator patents, not counting within a year. Zhou Shi is really willing to gamble, the loss of hundreds of millions of dollars should not have much impact, Zhou Shi comforted himself.

"I am confident that Visionox will develop into a leading OLED company in the world. "Han Xu

"I wish you success! I wish us success together!" Zhou Shi

"We will definitely succeed. Han Xu promised again

Visionox has a good foundation, in 2002 built the first domestic OLED pilot production line, in 2003 completed the integration of OLED production technology, to achieve OLED screen and module small batch production and sales. In 2008, China's first OLED large-scale production line was built in Kunshan, Jiangsu, and his OLED products are widely used in consumer electronics, medical instruments, industrial control instruments and other fields, but most of these are the accumulation of technology in PMOLED. There is still a big gap with the AMOLED technology that Zhou Shi most hopes to have. Although the Kunshan Industrial Technology Research Institute, which was established last year, is also very powerful, and is negotiating cooperation with Visionox to build the first AMOLED pilot production line in China (a production line with a medium-volume experimental nature before mass production). In other words, the local government can bear part of the upfront research and development costs, and the foresight of the local government can be seen, not all people are incompetent, there are always many people who want to do something. The success of being the top 100 counties in the country is not without reason.

"Mr. Zhou, then we will take root in Kunshan in the future?" Han Xu

"You think about this yourself, you can't rely on your feelings, you have to look at the data, look at the leaders. Although Zhou Shi remembered that Kunshan had long maintained the top 100 counties in the country and was a good entrepreneurial base for Visionox, he still had to let Han Xu make his own decisions. In addition to sending people to help him master the new company and improve various systems, most things need to be handled by him except for the personnel rights of key positions.

He is ready to visit Kunshan, but Sixiang Fund has actually won Huiyuan juice, and he still has to participate in the acquisition of Huiyuan Company and officially take control of this company that is widely known in China. For this reason, I had to fly to Yanjing again.

"How to adjust the company's management, what plan do you have?" Zhou Shi must be hands-on with management, and the sooner the better, so that he will not tolerate the traitor. Of course, this is also because he looks down on Huiyuan and is not short of money, so he dares to make all kinds of radical attempts with confidence. Datang Telecom is also the same, a company with a market value of billions, in Zhou Shi's eyes, it is not worth worrying too much about them, even if it fails, it will lose so much money.

"We can wait for our people to take full control of the company, and then we can cut it step by step. ”

"We also need to identify the right managers from them, and not everyone is incompetent, and we can't kill them with a stick. ”

"I think the first step is to stabilize the company's people, and only a stable company can develop normally. ”

......

"It's all good, but it's not what I want. I need a group of managers who dare to think and do, have ideas, have the ability, take responsibility and have energy. My expectation for Huiyuan is not to keep the success, but to open up. Those who do not meet the requirements must be cleared out. "Zhou Shi

"But mass layoffs are a big burden on our corporate image and finances, and they can have an impact on normal distribution channels. ”

"Whatever the consequences, change is inevitable. "Zhou Shi

"Mr. Zhou, I don't think we should separate the low-concentration juice business of Huiyuan and set up a new company. Let some hard-working management go to the new company first?"

"Huiyuan Juice New Company?" Zhou Shi thought for a while, as if this was a good idea.

"Yes, we don't have to let them lose their jobs, we give them hope," Chen said

"If there are still people who don't want to go?" someone asked

"Hehehe, there's always a way. "Chen Ji

Yes, for stubborn people, there are many ways to solve it in Huaxia.

Not only that, but you can also give them equity incentives, and if their performance is outstanding, they can be conditionally supported for MBO. However, the new company should have as little time as possible to license the brand, allowing them to develop their own brands. Zhou Shi made the final decision. If they have the ability, bless them, and if they don't, get out.

(End of chapter)