Chapter 460
The reception banquet in Rongcheng ended happily.

In the afternoon, accompanied by the city leaders, Fang Zhuo went to the University of Electronic Science and Technology of China for a stroll. He listened to the teachers and students majoring in integrated circuits and chatted about their professional knowledge, and he sighed to the leaders that this trip was worthwhile.

In the evening, Fang Zhuo went back to the hotel, reviewed Sina's press release, and felt that the content was quite appropriate, so he ordered it to be released the next day, and let the news from some high-end channels be brewed by itself.

Afterwards, he looked through the phone's address book and found the number of Luo Minghua, the secretary-general of Luzhou City.

The call is connected.

Fang Zhuo succinctly described Changhong's possible acquisition of Meiling shares and the future technological upgrade of the production base.

When Luo Minghua received a call from Mr. Fang, he thought it was about the Ice Core project, but unexpectedly he took the lead in introducing a new project. Although Changhong has shown signs of decline in the past two years, it is still one of the top TV manufacturers in China!

Besides, it's good that Chang Hong doesn't dislike Luzhou's backwardness, so why pick and choose!
This is the GDP delivered to your door!
As for Gu Zoujun's 20% of Meiling's shares, it is impossible for him to hold it anymore. The city is also considering how to deal with this matter. It is really logical that Mr. Fang made such a push!
"President Fang, don't worry, I'll do Greencool's job."

Secretary-General Luo Minghua guarantees that there will never be any problems with the transfer of shares.

"How much is the 20% of Meiling's shares worth now?" Fang Zhuo asked for help.

Meiling is a local company in Luzhou. It was formerly known as Luzhou No. [-] Light Industry Machinery Factory, and later switched to producing household refrigerators. It has a certain reputation, but the benefits in recent years have been mediocre.

Luo Minghua didn't deal with this matter, he didn't hang up the phone, he used the landline to inquire and immediately replied to Mr. Fang: "About 1.2 million."

"Well, it's not expensive." Fang Zhuo didn't ask if it was a discount, but after thinking about it, he gave a suggestion, "The matter on Changhong's side is more complicated. Secretary Luo, Changhong's decision to go to Luzhou still needs to be promoted by my side. You wait for my news."

"In addition, Changhong's current situation is relatively bad. If it can't afford 1.2 million for a while, can the bank approve a batch of loans."

"From my personal experience, Changhong will upgrade its liquid crystal technology, which will have a very good prospect in the future. I hope our city will consider it carefully."

Luo Minghua was silent for only a few seconds before he said decisively: "President Fang, this is a good thing! The loan can be discussed, and the city is absolutely willing to have Changhong come to the house."

Such a statement did not exceed Fang Zhuo's expectations. Greencool's Gu Zoujun had no room for maneuver, and it was impossible to keep his holdings, so it was most beneficial to use the shares for a positive combination.

Fang Zhuo chatted for a few more words before hanging up the phone.

The matter of the shares depends on the efforts of Luzhou, while my side will slowly release positive signals in the next few days.

On February 2, Sina.com published a news article, mentioning that Mr. Fang Zhuo, the richest man in the country, arrived in Chengdu yesterday to inspect the investment environment and participate in the entrepreneur exchange meeting.

On this day, the opening price of Changhong stock was 7.53 yuan, the closing price was 7.75 yuan, and 165.09 million lots were traded.

On February 2, both "Sichuan Province Daily" and "West China Metropolis Daily" reported the news that Fang Zhuo, the president of Yike, came to Rongcheng for inspection, and introduced the growth experience of the new richest man in the country in a large space, admiring his business talent.

On this day, the opening price of Changhong stock was 7.75 yuan, the closing price was 8.23 yuan, and 280.22 million lots were traded.

On February 2, Mr. Fang Zhuo, the richest man in the country, arrived in Fucheng. Accompanied by Ni Runfeng, chairman of Changhong, he visited Changhong's production base, and praised the color TV king's style as before.

On this day, the opening price of Changhong stock was 8.23 yuan, the closing price was 8.62 yuan, and 306.45 million lots were traded.

On February 2th, Thursday, Mr. Fang Zhuo, the richest man in the country, accepted a joint interview with several media and announced that he would replace APEX and become Changhong’s partner in the United States, which would further expand the overseas market of Changhong’s products.

On this day, Changhong's stock directly rose by the limit, and the trading volume soared to 470 million lots.

In the next two days, because the market was closed on Saturday and Sunday, Changhong only rose by a daily limit, breaking through the 10 yuan mark. The closing price on Friday, February 2 was 16 yuan, an increase of 10.42% from 12 yuan on the 7.53th.

All the people who bought the stock believed that Changhong had a bright future and believed that Changhong would continue to skyrocket when the market opened on Monday.

At its peak, Changhong’s market value was nearly 600 billion. Today’s Changhong’s market value is less than one-third. With the resolution of APEX’s problems, everyone believes that Changhong’s overseas strategy will greatly improve the company’s operating conditions.

On Sunday, February 2, the stock market was closed.

Ni Runfeng, chairman of Changhong Electric, held a board meeting at the headquarters in Fucheng to discuss Changhong's acquisition of 20% shares in Luzhou Meiling and the direction of technological upgrading of the company.

He just briefly explained the situation, and the faces of everyone in the conference room darkened.

"I think it is a rare opportunity for Changhong to become the owner of Meiling. It not only gives Changhong an entry point to transform white goods, but also prepares for upgrading LCD technology. What do you think?"

Ni Runfeng finally concluded and asked for opinions.

Mu Wenrui, deputy director of the group, saw that no one made a sound, and directly slapped the table: "Let's see who can agree to the acquisition decision! Nonsense! Simply nonsense!"

He scolded: "Ni, do you think you can be lawless if you become the richest man in the country as a foreign aid! You are selling out the interests of the company! What do you want to do! You also want to transfer the company's technology to Luzhou! I think you don't want to be the chairman anymore!"

Ni Runfeng frowned.

Before he could refute, the other directors cursed out of righteous indignation as if they had heard the horn.

Disagree, absolutely disagree!
Don't try to pass this kind of decision on the board of directors of Changhong Electric in vain!

Ni Runfeng wanted to argue with reason, but he had no such opportunity at all, because the directors scolded and reprimanded him angrily, and then slammed the door and left, expressing strong dissatisfaction and firm attitude.

At noon that day, Chairman Ni's intention to go against the grain spread throughout Changhong and Fucheng. Many people thought that Mr. Ni was out of his mind, and some people speculated that this was an exchange of interests between Mr. Ni and Mr. Fang.

In the afternoon, the leaders of Fucheng called Ni Runfeng and Changhong's top management for a meeting.

Deputy leader Zhao Yong presided over the meeting, and other leaders of the city also attended the meeting. They listened to Changhong's executives' dissatisfaction with Chairman Ni, and at the same time expressed Fucheng's administrative attitude and did not recommend Changhong's acquisition of Luzhou Meiling's shares.

What Zhao Yong meant was that your Changhong family has not yet done a good job. You just got a piece of good news from overseas. Hurry up to digest and improve, and do a good job of your main business. Don't make messes.

As for the upgrading of technology direction, liquid crystal can be used as an important reference direction, but the company's own technology accumulation must also be fully considered.

Is it true that plasma has no future at all?

Can LCD technology really overwhelm plasma?

Is it possible to combine the two?
In short, we need to discuss and discuss further.

Executive leaders expressed their opinions, and directors and executives collectively objected.

Ni Runfeng did not give up, and silently accepted everyone's criticism and accusations.

 I came back today and opened the backstage to take a look, and 4 words of the previous article disappeared... Good guy, I think I can consider the beginning of the new book. If there is any force majeure factor, it is that Mr. Fang collapsed in the middle of his business.

  
 
(End of this chapter)

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