Chapter 600: Acquisition
The domestic electronics industry is almost a big sinkhole.
Whether it is the LCD panel or the chip industry, we have never seen super-large-scale capital investment, but we have not seen a considerable benefit in output.
From the once famous Shanghai Optoelectronics to the Jinling Panda, every electronic manufacturing enterprise has relied on the huge subsidies of the state to have a happy time, and then declined one after another, and can only wait for the state to allocate another wave of funds.
After these two companies, the real ones should be BOE and Tianma, who have kept up with the pace of the bend and the stick country to a certain extent.
Shanghai Optoelectronics collapsed after a series of personnel of Chen Da Lao's horse, and the vitality of Jinling Panda is relatively tenacious, but it has been continuously burning money, and has not seen the corresponding output.
Chen Mingliang organized a group of experts this time, but they are good at technology, not necessarily good at business, so Chen Mingliang does not intend to refer to their opinions.
Chen Mingliang himself does not know the future and industry trends of these companies, and he is full of doubts about whether to take over the panel factory.
According to the simple volume and output of the ranking,"Suzhou Youda" is currently ranked first in the world in terms of production capacity in the LCD panel industry,Lao Guo said that the electronics factory ranks second,But if you add Lao Guo's two companies,Together it can rank first and complete the overtaking。
The delegation first went to Foshan and then to Yongcheng, and Chen Mingliang always wondered whether to take over these factories.
There are a lot of people in these factories, but it's hard to say what the prospects will be.
He specifically asked about the current number of employees in this electronics factory, which is not too much, more than 30,000 people, because the financial crisis has laid off 20,000 people, and there may be more layoffs in the future.
When it comes to acquisitions, the conditions given by the other party are also very lenient, and this company does not have any debts.
Of course, there are not many net assets, the land belongs to the state, and what really matters is actually the people, and these fixed assets are really worthless if they are not valuable.
Chen Mingming's concerns are also human.
Because the management of this company is full of crooked people.
In fact, this is a common problem of bent enterprises, and their managers are almost all bent people.
It's not that mainland employees are incompetent, but their positions are not high, and it is easy to hit the ceiling.
Wanwan people don't give them a chance at all, in a crooked enterprise, it is rare to be able to do the level of section leader, if you do it as a manager or director, it really needs the resources of heaven and man.
This is also the reason for the rapid growth of domestic enterprises of the same type, because they rely on these companies, and it is quite convenient to poach people.
For example, Huawei relied on Hon Hai to poach a large number of people.
Of course, as long as you have money, it is not difficult to build a mature team, otherwise, how did SMIC leave TSMC and develop?
In fact, these electronic foundries originally wanted to be handed over to Lao Guo, but Lao Guo didn't really want to take over, because he understood that the LCD panel in the future would be more difficult to do, so it was better to get rid of it as soon as possible.
But for these, Chen Mingliang doesn't know.
He only knows,The future TV will be very cheap,And it's the world of LEDs,And car screen,Device screen for TFT,LCD demand is not small,But apart from Apple Huawei and other companies,It will also be difficult to become a climate。
To buy or not to buy, it's a question.
The last stop of the expedition was Yongcheng.
This is Chen Mingming's second time to Yongcheng, the last time he went to Putuo, he came here as a passer, and this time he came to investigate seriously.
The main city of Yongcheng is small, but the suburbs are huge.
&nbs-->>
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p; In addition to the super-large Yinzhou, there are two satellite areas, called Zhenhai and Beilun, which have strange names, but they are both by the sea and have a good geographical location.
Zhenhai in Yongcheng was originally a county, but now it is a district, and it is a very famous foreign garbage import area, from here every year imported countless foreign garbage, and even the radiation waste from the Fukushima nuclear power plant is dragged here to be disposed of.
Fortunately, the electronics factory recommended by Lao Guo is set up in Beilun, and it is in the bonded area of Beilun, also known as the export processing zone.
This free trade zone covers an area of 3 square kilometers, and the site is well planned.
In this free trade zone, almost all of the companies related to this well-known electronics factory and its upstream and downstream enterprises.
If you nod your head, these are your own!
On the way to wander around, Chen Mingliang learned that there was a closed semiconductor factory in the free trade zone, waiting for the government auction, and it was said that the starting price was only 130 million.
This semiconductor factory was invested by the Yongcheng city government, using second-hand equipment from TSMC, and the capital chain was broken before it was completed and put into production.
In fact, as long as we continue to invest money and introduce more new equipment, we may still be able to save it.
Let's go back and talk about the electronics factory, buy it or not?
Buy!
Chen Mingliang is still full of interest in this company.
Under Lao Guo's recommendation, they completed the entire acquisition with only one meal.
Chen Mingliang doesn't like the wine table culture of crooked people, and their escort atmosphere is too heavy.
often keeps a few celebrities to accompany the wine, which is also a lack of respect, Chen Mingliang doesn't like it.
Therefore, this meal about acquisitions and cooperation is very simple, just like eating a Chinese set meal in a café, there are only three of them here, and there is no alcohol.
The promotional photo released later is three people eating at the table, each person has a tray, and there are only two dishes, a bowl of rice and a soup.
Wow, the rich are so simple, they are really approachable!
Of course, no one knows that they actually eat black truffle and abalone sauce stewed rice, black truffle is the finest black truffle native to France, and abalone is a bicephalosporin from Australia.
Chen Mingliang finally has to spend money openly, otherwise Chen Hong would not have a chance to make a heavy hand.
Having money and not spending it is irresponsible for economic development, and consumption is a carriage that drives the country's economic development.
Chen Mingming's acquisition behavior can immediately drive a large wave of GDP, and he finally started the buy-buy-buy mode.
Chen Hong never thought about how much money Chen Mingliang had in his hands.
When the financial turmoil in North America had not yet started, Chen Mingliang had already made all preparations.
And he knows that China is one of the least affected countries, and now he should not lose money by acquiring LCD panel factories, because the country will soon implement the policy of sending household appliances to the countryside.
It is definitely not possible to build a factory by yourself, or it is relatively quick to acquire, which saves the construction process.
With such a factory, whether it is to produce its own TV sets or OEM, orders will come in soon.
Chen Mingming's somewhat conservative business strategy in the past has laid a solid economic foundation for him, and even if many people fall in the financial turmoil, Chen Mingliang will not fall.
In a sense, Chen Mingliang is actually more happy than anyone else to see the arrival of this economic crisis.
After the intention was signed, Chen Mingliang turned back to Shencheng, because he suddenly thought of another company, which was the company that produced drones.