Top of the Great Era

Chapter 2996 Reduction of holdings

The reality is indeed more difficult.

Fortunately, there is still a remedy, which is to buy the parent company in the United States that holds the diamond arrangement patent. As long as the real source is obtained, the diamond arrangement patent applied by Samsung in China, the European Union or other markets will be meaningless.

In fact, in the past, the domestic display panel industry was subject to such restrictions.

The display panel has a high technical content, but it is not a critical technology like chips, and the display screen has nothing to do with military use. Whether to use the best display screen or ordinary glass as the panel is nothing more than whether the image is good-looking and clear, and it does not affect the functionality.

Therefore, the domestic display panel industry can purchase the most advanced foreign production equipment without restrictions.

BOE can even introduce display production equipment of the same specifications and level as Samsung.

However, there is still a visible gap between the OLED displays produced by both parties.

If it is just a difference in craftsmanship, the difference is relatively small, at least ordinary users can't notice it at all. But in fact, the difference between the two is very large. Even ordinary people can feel the difference between the two after using Samsung OLED panel phones and BOE OLED panel phones for a long time.

The main difference is the patent for the diamond arrangement.

This patent is held by Samsung.

As a result, domestic display panel companies can only develop some other arrangements, imitating the diamond arrangement, and have come up with some diamond-like arrangement patents, such as the "Zhou Dongyu arrangement", but the effect will be greatly reduced.

Real high-end smartphones all use diamond-arranged displays. Unless you have no other choice and cannot buy diamond-arranged displays, or there are policy requirements, you can only buy BOE products as a second choice.

  Now, with Zhou Buqi's involvement, this situation is likely to change!

Samsung was not clear about the future of OLED displays and did not want to bear all the risks, so it did not buy the company that owned the diamond arrangement patent, but only leased the patent for ten years. When they realized that OLED screens had been successful and diamond arrangement had been recognized by the market, they decisively took action and bought the parent company in the United States, but that was in 2016.

After Samsung bought the American company that owned the patent, a closed patent loop was truly formed. The diamond arrangement patents that Samsung applied for in Central Europe, South Korea and Japan became truly valid, and they were all transformed from "pirated" to "genuine."

Zhou Buqi has to take action now.

  Go to Korea!

……

"Happy New Year, Boss Zhou!"

Xu Baihui was very happy when she received a call from Zhou Buqi.

Zhou Buqi smiled and said, "Is the New Year over?"

Xu Baihui said: "It's over. I've already returned to work. Alas, unlike you, I will be toiling all my life."

Zhou Buqi asked, "Have you paid attention to the latest developments in the country?"

"What's going on?"

“Financial sector!”

"No, what's wrong?"

Xu Baihui was a little confused and didn't know what he meant.

Zhou Buqi said angrily: "You didn't even know about such a big thing. China has revised the Interim Measures for the Administration of Insurance Fund Utilization and will gradually introduce a series of loosening policies."

"Oh..." Xu Baihui was a little confused. "Boss Zhou, you are going beyond the scope, aren't you? I am Xu Baihui, not Zhen Yu! How can I understand what you are saying to me?"

Zhou Buqi smiled and said, "Didn't you say you wanted to reduce your holdings?"

Xu Baihui said, "Well, I want to sell off some stocks. My family's factory business is not doing well, and the foreign debt is more than 2000 million. I want my parents to close the factory and travel around the world. At such an old age, why should they still work? They should just retire!"

"Well, it should be."

Zhou Buqi supported her very much.

Because that's what he did.

For big bosses like them, the best thing is for their parents to do nothing and just travel around all day.

Xu Baihui asked suspiciously, "Are you reducing your holdings now?" Zhou Buqi said slowly, "It's like this. In the past two decades of domestic market-oriented reforms, most areas have made breakthroughs, but there are still a few areas that have not been able to get through. The financial industry is one of them. This "Interim Measures for the Management of Insurance Funds" is a very bold market-oriented advancement."

Xu Baihui asked: "What do you mean?"

Zhou Buqi said: "It means that insurance funds can enter the market!"

"Ah?" Xu Baihui understood immediately, "Can insurance funds enter the stock market?"

Zhou Buqi smiled and said, "Yes, that's what I mean."

The financial industry mainly consists of three sectors: securities, banking and insurance.

Normally, investment is free.

Anyone who wants to buy stocks can do so.

However, domestic management is very strict, and insurance funds are not allowed to enter the stock market, let alone bank deposits. The latest series of policies are to open up the insurance funds, and the effect will be very shocking.

Because the power of insurance funds is very strong.

It's the same all over the world, insurance companies are the richest companies with the strongest cash flow.

For example, the famous Baoneng Group acquired Vanke. The core asset of the Baoneng Group is Qianhai Life Insurance, an insurance company. By selling insurance to users, the annual sales volume is several hundred billion. With a few leverages and rushing into the stock market, they can take on a giant like Vanke. If the Baoneng Group had not been a little too arrogant and launched a hostile takeover of Gree, Ms. Dong would have been furious, resulting in the Baoneng Group being severely punished by the regulatory authorities, and Vanke might have really fallen into the hands of the Baoneng Group.

The activity and growth of the stock market mainly come from the continuous injection of funds.

The insurance funds have been loosened.

This means that an extremely powerful financial force will flow into the A-share market, and a bull market will be here... In fact, the A-share market has already started to gain momentum in the past year, and has shown a trend of substantial growth.

The news must have leaked out, and those who are in the know have already bought the dip and are waiting to make a big profit.

Now the official policy has come down.

Next, we just have to wait for insurance funds to rush in, and then the A-share market will usher in a super bull market.

Xu Baihui said excitedly: "The bull market is coming, the stock price will rise sharply, can we have the opportunity to sell off and cash out?"

Zhou Buqi smiled and said, "Yes, that's what I mean. When the bull market comes, the Hong Kong stock market will definitely rise along with it. I estimate... I estimate that in the next year, the stock market will have a good rise. You can seize the opportunity and cash out in batches according to the reduction requirements of Hong Kong stocks."

"Ok, I know!"

Xu Baihui had already made a plan, intending to cash out at least HK$40 billion. It was just a small amount of money to help her family solve some of the business difficulties. More importantly, she wanted to properly disperse her personal wealth. She was the person who knew Jieyu Media best, and she increasingly felt that the entertainment industry business was not very reliable.

Zhou Buqi said, "You can ask others, such as Chen Dong, Ma Pingshan, Meng Houkun, and Guo Pengfei. Jieyu Media and Yuanwei Group all have good opportunities to cash out. If anyone wants to reduce their holdings, there will be opportunities in the next few months. Don't miss it. Well...it would be best if everyone cashed out. Such opportunities are rare. Ziweixing's stocks still have great growth value, so there is no need to cash out for the time being."

Xu Baihui said softly: "Okay, I understand, I will inform everyone."

"Um……"

Zhou Buqi hesitated for a moment.

"Hmm?" Xu Baihui heard something and asked, "Boss Zhou? Do you have anything else to say?"

Zhou Buqi coughed lightly and said, "It's like this, I'm going to Korea the day after tomorrow."

Xu Baihui understood immediately and said solemnly: "Okay, I understand! I will go to Seoul tomorrow and arrange it for you personally! How many? Ten or eight? I guarantee they are all beautiful girls who can sing and dance well, and all virgins."

Zhou Buqi said in a deep voice: "Don't mess around! I'm going to discuss serious matters with Li Zairong!"

Xu Baihui said with a smile: "I'm not kidding. Jieyu Media has cooperated with several Korean agencies. There are too many trainees with good conditions. Please go and check them out and help."

Zhou Buqi then expressed his consent, "You can help me, but nothing else."