Chapter 593: Big Dog

Unexpectedly, Wang Linwei shook his head into a rattle and said, "What are you kidding, one micron or even submicron level?" This hemp manager, you probably don't know much about the optical industry, let alone the current domestic technical level, right? Even the Japanese dare not say that they have reached this level, although our Jiangguang General Factory is the top enterprise in China, but it really can't be compared with the Japanese! ”

"So, Director Wang doesn't want to raise the technical level of Jiangguang General Factory to this level?"

Ma Yougong is not annoyed, for him, today's China does not talk about the theoretical level, but only the engineering application of optical technology, which is more than his two hands.

When a person is strong inside, the gaze of others is no longer so important. Wang Linwei thinks that he "doesn't understand" the optical industry, but in the end he just exposes his ignorance, and he can only "don't understand" the optical industry.

"Why, why don't you want to?" Wang Linwei squeaked, directly snorted a glass of liquor, and sneered: "I always dream of improving the technology of Jiangguang General Factory, but what's the use of just thinking about it?" Our optical industry is a high-tech industry, and if we want to improve a little bit of technology, we need astronomical resource investment. But don't look at the brand of the Phoenix boss, the profit is just barely enough to live, how can you have the money to do this? ”

Although Wang Linwei was telling the truth, Ma Yougong still chuckled. The other party's calculations are very shrewd, but they are not wise.

This director Wang is really slippery enough. In a few of his own questions, he was belittling Jiangguang General Factory in and out of his words, obviously having guessed his intentions.

Jiangguang General Factory is a very peculiar enterprise. It is a state-owned enterprise and a joint-stock enterprise listed on the Shanghai Stock Exchange. This gives the head of the business a lot of freedom.

Indeed, its profitability is from an investment point of view. It's always been tepid. It's not good to starve, but it's not good. Of course, the rate of return on investment is much stronger than that of depository banks. However, the market risk is greater, and there is actually no superiority in the risk-return ratio.

But at the same time, Jiangguang General Factory is also a treasure trove, because it is the top optical industry enterprise in the Republic.

Ma Yougong couldn't help but think of what Zhou Shuo said before he came.

Basically, the camera industry has nothing to do with lithography machines. Just because your camera is good doesn't mean your lithography machine is good. Although cameras and lithography machines belong to the same optical industry, the gap is really very large.

For example, the lens of a camera. Coronal and flint glasses are generally used, and rare earth materials are added to the materials to improve the optical properties.

However, the lens of the lithography machine uses silica as the main ingredient, and pursues the characteristics of high temperature resistance, low expansion coefficient, high mechanical strength, and good chemical properties. It is intended to be used to manufacture prisms, lenses, windows, and mirrors that require special transmission in various wavelength bands, and is functionally completely different from that of camera lenses that pursue natural visible light.

But this is not to say that the lithography machine industry and the camera industry are not related.

On the contrary, a country without an excellent camera industry enterprise will not have an excellent lithography machine industry.

The world's "once" three major lithography machine manufacturers, Nikon and Canon themselves have a strong camera industry. ASML itself does not produce cameras. But its shots are all from Carl Zeiss, as for what Carl Zeiss does, I'm afraid there is no need to say more.

Why are there camera manufacturers behind these lithography machine manufacturers? It's even just that the camera manufacturer is shirtless. Did you work part-time as a lithography machine?

To put it bluntly, it is still the law of business.

In the early days of lithography machines, the processing accuracy was not high. Ordinary optical companies can do it. Speaking of technology, the level is roughly the same as that of a camera lens.

At most, the parameters of the grinding machine have been modified. In order to adapt to the processing process of different optical glass materials. However, the requirements for processing accuracy do not exceed the level of camera lenses.

But with the improvement of lithography machine technology. The requirements for machining accuracy are naturally getting higher and more complex. The R&D funds invested at this time gradually accounted for the majority of the cost of lithography machines.

At this time, enterprises specializing in lithography machines must evenly allocate the R&D cost to the product cost, so that the product cost has risen sharply.

However, companies with developed camera industries can use the technology used in the development of lithography machines to improve the level of cameras. In this way, the R&D cost that the lithography machine needs to share is greatly reduced.

For example, the research and development of high-precision grinding machines involves abrasives, abrasives, polishing, coating and other technologies, which can be used by lithography and camera lenses.

Over the years, the demand for camera technology has increased, and this high-precision grinding machine can also be used in the manufacture of lenses.

This comes and goes, and the cost of lithography machine for enterprises supported by the camera industry is naturally lower than that of pure lithography machine enterprises. On the other hand, due to the excellent technology generated by the development of lithography machines, these companies have also advanced by leaps and bounds in camera technology and have gained more profits in the camera market.

Once such a cycle is formed, it will naturally build a good environmental platform for technological upgrading.

Those manufacturers who do not have the support of the camera industry have only one way to abandon the lithography machine market.

Therefore, the acquisition of a camera company seems to be an act that cannot be matched with the lithography machine, but it is the key to ensure the development of lithography machine technology.

As the top optical enterprise in China, only Jiangguang General Factory has this confidence and heritage, and can wrestle with European, American and Japanese camera companies in the domestic market.

Therefore, from this point of view, Jiangguang General Factory will be an enterprise that Fanhan Group will win at any cost. Not to mention the improvement of the performance of Jiangguang General Factory, it will drive the growth of scientific research investment in the field of optical materials and quartz materials, and then have a solid effect on the foundation of China's electronics industry.

In many cases, large enterprises seem to have done something that has lost money or has no obvious benefits, which is called strategic layout, which is basically the intention.

Similarly, at the beginning of the year, when online writers were promoted to join the writers' association, many people seemed to be kneeling and licking the traditional literary circle. But looking at it from the page, this also improves the recognition of online literature in society. And then let more people devote themselves to the ranks of online writers. As the starting point of the first in the industry at that time, of course, you will enjoy more benefits from this.

Strategic layout often pursues the improvement and growth of the system. Maybe it won't look good on paper for a while, but it's crucial in the long run.

Ma Yougong was just in a daze for a moment. He pulled himself out of his memories. He didn't take the obstacles from Wang Linwei to heart. In May 1997, Jiangguang General Factory was listed on the Shanghai Stock Exchange under the name of Phoenix Optics, and the holding company had 40% of the restricted shares in circulation, and the remaining 60% of the shares could be acquired through the guò market.

In other words, Fanhan Group's acquisition of Jiangguang General Factory only needs to be approved by the China Banking Regulatory Commission. But for Zhou Shuo, he prefers to be able to hold the entire Jiangguang General Factory in his hands.

In order to reduce the internal friction after the acquisition, he hopes that the acquisition can obtain the cooperation of Jiangguang General Factory.

There is a good Latin proverb that says: If the vanquished still weep and mourn, the conquest is not complete.

Zhou Shuo hoped. It's a "done-all" acquisition.

"Director Wang may not know much about our Fanhan Optical Manufacturing Company, or I don't know if you have heard of Fanhan Group?"

"Pan Han Group, Pan Han Group, it seems that there are some impressions ......"

Wang Linwei read two sentences, thought about it, and finally shook his head and smiled: "I'm sorry, you see that my memory is really not good, and I really can't remember it for a while." ”

However, Ma Yougong looked at him, and his face was clearly saying, "Where did you come from, the nouveau riche, you really think you are a character?" ", living can make people angry.

Of course. It would be great if it was so easy to get Ma Yougong angry.

Ma Yougong is no longer the Ma Yougong of the year, and for more than a year, in the position of general manager of Fanhan Optics, even the dullest people have more or less exercised some city government.

He smiled. Noncommittally, he said: "Our Fanhan Group is not a big enterprise, and it is normal that Director Wang has not heard of it. Then I will briefly introduce it first, Fanhan Group is an enterprise mainly engaged in electronics manufacturing. Products from monocrystalline silicon and quartz products. to the design and manufacture of integrated circuit chips, and the assembly and production of electronic products. and the development of software and embedded systems......"

Wang Linwei's head was full of paste when he heard this, why did you come to an electronics company to get involved with our Jiangguang General Factory? Although he knows that the optical industry and electronic manufacturing are related. But when it comes to Jiangguang General Factory, it basically has nothing to do with the domestic electronics industry. In this era, there are basically no electronic products on the camera, and even if there is, it is not something that can be used by the Phoenix camera.

But listening to it, Wang Linwei's face involuntarily became gloomy. He didn't understand anything else, but from Ma Yougong's description, he could feel the strength of this Panhan Group.

Not to mention anything else, just the magic MP3 that is selling crazy on the market now, and the annual sales of zào may not be less than that of Jiangguang General Factory. And if you look at it from the perspective of profit margins, it is obvious that electronic products are definitely much higher than the Phoenix camera that wins with cost performance.

The profit margin of Phoenix Camera can be 20% is already very good, and the main force to buy it is the large and small photo studios in China, which belongs to rational consumption. But the charm MP3 is a fashion item on sale, and if the profit margin is less than 50%, it is the naked incompetence of the relevant personnel!

Wang Linwei did not know that in 1997, Fanhan Entertainment Company completed the construction of sales network in 80% of the prefecture-level cities in the country. The annual sales of various MP3s are more than 10 million, the marketing volume is more than 3 billion yuan, and the net profit after tax is as high as more than 800 million yuan.

If Fanhan Entertainment is willing to be listed on the Shanghai Stock Exchange, it can create four or five Jiangguang factories in minutes, which is only a marginal subsidiary of Panhan Group that is not very popular.

If you include the MP3 chips sold to the United States and Europe and other countries, MP3 products alone have created a profit of 500 million US dollars.

Of course, a large part of these profits are invested in the research costs of the Pan Han Institute. The mobile funds that Pan Han Group can keep in its hands are about 2 billion yuan.

Even so, in China in 1997, this was already an absolute "big dog".

Wang Linwei wiped the sweat from his head and said with a dry smile: "I didn't expect our country to have such a big and advanced high-tech enterprise, and today I am really eye-opening." ”

The person was personally brought by Mayor Duan, and Wang Linwei did not suspect that Ma Yougong was bragging. It's just that I didn't expect that I thought it was a nouveau riche in a ravine before, but I didn't want to really touch the great white shark.

The level of this Panhan Group may also have a place in the world's top 500.

"Director Wang is polite, our Fanhan Group sent me this time in the hope that we can make common progress with Jiangguang General Factory on the road of developing China's high-tech."

Ma Yougong said sincerely: "I am the general manager of Fanhan Optics, a subsidiary of Fanhan Group, and it can be seen from the name of the company that we are both optical companies. The difference is that our company is engaged in lithography machine business, and Jiangguang General Factory is mainly engaged in camera business. However, we have a lot of excellent technologies in our hands, which can actually be used in the manufacture of camera lenses. We are confident that after the application of these technologies, the production technology of Jiangguang General Plant can be advanced to the level of one micron or even sub-micron. ”

"Lithography machine? Isn't that the strength of the Japanese......"

Before Wang Linwei finished speaking, he was stopped by Ma Yougong's smiling and waving hand, and said proudly: "That was before last year, our Fanhan Group acquired Nikon's most advanced lithography machine production line, and now the world's most advanced lithography machine is produced by us!" ”

"Ahh

Wang Linwei has nothing to say now, Jiangguang General Factory is not an enterprise that only makes cameras behind closed doors and does not listen to things outside the window. Of course, I have some understanding of the lithography machine, the top pearl of the optical industry. He really didn't know that Fanhan Group had acquired Nikon's production line, but as soon as Ma Yougong said that, he immediately knew the difficulty of representation.

Jiangguang General Factory does not want to upgrade its own technology, before it was difficult to move a sum of money to import a batch of advanced CNC grinding machines from Japan, but the result is just in time for Japan to sign the Wassenaar Agreement.

The Japanese government immediately halted the deal, citing the possibility of military use for the grinding machines. And after this incident, the price of the Japanese cutting-edge CNC equipment really made Wang Linwei understand. How rich is it that Pan Han Group was able to acquire an entire production line of lithography machines?

"So, I would like to ask Director Wang a question. Can Jiangguang General Factory agree to the acquisition of you by Fanhan Group? (To be continued......)