my life reset

Chapter 187 Movement and Decoding Chip

Chapter 187 Movement and Decoding Chip
In the 90s, there were not many tourism projects in Shuixigou. Except for a few resorts and hotels, it was winter skiing projects, and farmhouses had not really developed yet.

According to Populus Hu Yang's plan, he planned to buy [-] mu of land at the foot of the mountain to build stables, a three-storey complex, an oval racetrack and several villas.

After the completion of the racecourse, it can be regarded as adding a new project to the Shuixigou Scenic Area.As for himself, he also comes here for vacation when he has time, and Dong Qi, the manager of the Xijiang branch, is in charge of the usual operations.

To this end, he is ready to invest 800 million yuan.

A few days later, Dong Qi reached an agreement with the township government, paying the total price of 190 million yuan for 200 mu of land.

Hu Yang did not personally participate in the construction of the racecourse. He only made some requests and handed it over to Xijiang Branch.

Lu Yali came back this time and planned to stay for half a month.

In addition to living in the mountains for two days, Populus euphratica got together several times with Li Hao, Wu Maosheng and others, and then went to Xite Electrician and Xijiang Hezhong. After staying for ten days, he returned to Yangcheng.

end of September.

Lu Yali and Zeng Xiangqi formally signed a joint venture agreement, and at the same time, the lawsuit between Xintong International and Cheung Kei Trading in Xiangjiang also came to fruition.

No surprises, Cheung Kei Trade lost the lawsuit.The court ruled that Cheung Kei Trading must perform the contract and compensate Xintong International for damages of US$1.5.

Cheung Kei Trading refused to accept the judgment and filed an appeal.

When Zhang Rulin mentioned the lawsuit, he almost slapped the table angrily.Due to Cheung Kei's malicious delay in trading, it actually caused a lot of losses to Xintong International.

In order not to delay the construction period, Xintong International imported the equipment for the second time and spent an extra US$30.Coupled with legal fees, attorney fees, etc., it is definitely a lot of money wasted.

In this regard, Cheung Kei Trading appealed, making it clear that it wants to drag you to death.

What else Hu Yang could say was a few words of comfort to Zhang Rulin.But fortunately, Dr. Zhang has learned a lot from this incident, so he probably won't fall into other people's tricks easily in the future.

But from Zeng Xiangqi's point of view, he thought this matter was his favorite work, and the old man in the family even praised him a few times.

This made Zeng Xiangqi very excited, especially since he also successfully obtained a 49% stake in Boba.

After signing the agreement, Zeng Xiangqi immediately asked people to prepare for the construction of the factory. From site selection to formalities, to personnel and equipment, all his subordinates were mobilized.

On Lu Yali's side, the company's business operations in the first three quarters have been calculated.In the first three quarters, Boba sold a total of 48 VCD players and realized a net profit of 1.2 million yuan.

After making various provisions in accordance with the financial regulations, all the remaining profits were distributed among the shareholders, and there was nothing wrong with the new shareholder Zeng Xiangqi.

Then, Lu Yali signed an OEM contract with Wanshi Technology for 40 vcd machines to ensure that the company will have sufficient products to supply the market before April next year.

While Zeng Xiangqi stepped up the construction of the factory, on the other hand, she deliberately let Chen Jialin know about the joint venture between Cheung Kei Electronics and Boba.

At the same time, Zeng Xiangqi also asked people to slander the reputation of Wanshi Technology in the industry, saying that the product quality of Wanshi Technology is not up to standard, and there are many flaws in the production process.

It is said that after Chen Jialin learned of these situations, he was furious and said that after fulfilling the existing contract with Boba, he would no longer cooperate with the other party.

"Hey, it's done! After a few months, our factory will be completed, and Wanshi Technology will stop manufacturing for Lu Yali. At that time, the shares in her hands will not be sold at a low price."

After listening to the assistant's report, Zeng Xiangqi was very proud. He felt that his plan would soon succeed.

After returning from Xijiang, Populus euphratica has been keeping a low profile.

During this period of time, the company did not have any major investment projects, Hu Yang didn't bother with projects worth tens of millions, and handed them over to Xu Younian and the others to complete.

A total of 3000 million yuan has been invested in these projects, which are basically high-risk and high-return projects.

In addition, Hu Yang asked the finance minister to repay the loan pledged with the equity of Xi Te Electric, and the cash on the book was reduced by another 8000 million yuan.

At present, Huijia Industrial still has more than [-] million yuan in its account.

There is still a lot of money. As a professional investor, the thing I dislike the most is idle funds.Hu Yang endured and endured, but still did not take the initiative to look for new investment projects.

Facts have proved that his patience was right, and soon there was news from Xintong International in Shanghai that due to the excessive financial pressure of the company, Dr. Zhang Rulin decided to carry out a round of capital increase and share expansion.

This round of capital increase and share expansion is mainly for the original shareholders, with a total of [-] million US dollars and no premium.If the existing shareholders give up the power to increase capital and share, consider introducing new shareholders.

Well, the factory has not been built yet, and a single chip has not been produced yet, but the investment has doubled.

No wonder it is said that the semiconductor industry burns money, especially this small chip, which is definitely at the top of the global industrial chain, and it cannot be played without a huge amount of money.

Both Hu Yang and Zhang Rulin participated in the capital increase and share expansion according to the proportion of shares. For this reason, Hu Yang invested another 1 million yuan (RMB) in Xintong International.

Populus euphratica fully participated in the capital increase and share expansion, and the original shareholding ratio remained unchanged.But except for him and Zhang Rulin, the rest of the shareholders gave up. This part was converted into shares, accounting for about 17% of the company's share capital, and was acquired by a company called "Hantang Communication".

In a blink of an eye, Hu Yang's Huijia Holdings had more than [-] million and less than [-] million left in the account, which really made him realize what it means to spend money like water.

"Tsk tsk, chips are such a waste of money!"

With Hu Yang's always calm personality, he was a little bit impatient, and I was afraid that Dr. Zhang would come to the second and third rounds of financing again.

So he plans to think about "short-term" investment projects recently, and recover blood appropriately.

You must know that the bank loan of 1.8 million yuan has been deducted from the company's account, which actually belongs to its own funds, which is not much anymore.

Compared with Populus euphratica's troubles, Chen Jialin's troubles are the troubles of happiness.

Just after the National Day holiday, there was an endless stream of vcd manufacturers who came to find Manshi Technology to manufacture. It can be said that as long as he, Young Master Chen, nods, the company's orders will surge.

The problem is that due to the limitation of production capacity, many cooked ducks flew away, which tortured him enough.

Gritting his teeth, Chen Jialin still came to Hu Yang, hoping to persuade him to expand the production scale.Anyway, the production of "Little Smart" at this stage is not very profitable, and the base is too small, so it can only be used as a practice.

Chen Jialin was in Hu Yang's office, talking a lot, but Hu Yang was so far away that he didn't say a word.

"Brother Hu, you should give me a word. It doesn't matter if you don't agree, I'll just slap my ass and leave. What's the matter with you being so silent?"

Chen Jialin was almost impatient, and couldn't help but raise his voice an octave.

"Oh, I suddenly thought of something else. Young Master Chen, I still have the same opinion. Our production scale has already reached its end, and we can no longer blindly expand our production capacity. Now is the last quarter of this year. Do the math yourself. This year's 300 million Taiwan's orders are completed, and it's almost time to turn the year.

Sister Lu has an additional order of 40 units, and Xinke has a long-term contract of 100 million units next year. Don't rush to take new orders, shall we?Besides, are you sure there is no problem with the supply of movement and decoding chips? "

The movement and decoding chip mentioned by Hu Yang are the two key components of the vcd machine, and these two components cannot be produced in China at present.

Take the movement as an example. At present, all domestic VCD manufacturers either use Philips products or Sony products, and there is no third supplier for the time being.

The reason why Hu Yang was a little dazed before was because he remembered this question.

From the end of 1996, the domestic VCD industry began to enter an explosive cycle, and more than 300 new manufacturers emerged in a short period of time.

While the industry is booming, a practical problem cannot be avoided, that is, by the beginning of next year at the latest, the two core components of the VCD player will face a serious shortage crisis.

After all, Chen Jialin is a smart person, after a little thought, he figured out the joints.

"Hey, what do you mean, let's stock up quickly?"

"Of course, it's still a question. Do you calculate how much money can be raised by Wanshi Technology? Then I will raise another 2 million funds and stockpile some goods."

At present, the cost of the movement and the decoding chip is about 1000 yuan, accounting for the bulk of the overall cost of the VCD machine.Without these two components, the VCD machine cannot be produced. Relatively speaking, the assembly process is not worth mentioning.

Therefore, looking at the bustling VCD industry, it is actually a castle built on the beach, with almost no high technical threshold.

"It's no problem for Wanshi Technology to take out 2 million yuan in cash, and it can stock up on 20 sets."

The previous core components were either imported by the brand company itself, or entrusted to Manshi Technology to import them, which did not occupy Manshi Technology's own funds.

But now if you want to stock up, you can only spend your real money.

Chen Jialin calculated an account for Hu Yang. This year, Wanshi Technology can complete the production of 300 million VCD players, the OEM output value is 9 million, and the net profit is about 2.7 million.

At the beginning of the establishment of Wanshi Technology, the share capital was 2000 million yuan. The previous two increased capital and shares by 1.2 million, and the capital was [-] million yuan.

Then we increased production capacity, launched a new PHS production line, expanded the factory area, and built two new standard factory buildings. Calculated from seven to eighty eight, from its establishment to now, Wanshi Technology has invested almost [-] million yuan.

Therefore, in theory, the company should have about 3 million in cash, but in reality there is still a shortfall of 3000 to 12 million. After all, some funds will not be credited to the company's account until the end of December.

The funds needed for the company to maintain normal production and operation are retained, so the funds that Chen Jialin can use are 2 million.

"That line, let's stock up together, and each contribute [-] million yuan in funds. If there is value-added, the profit will be half of the profit of Wanshi Technology and Huijia Holdings."

When Hu Yang turned around, he asked the finance company to transfer 2 million yuan to the account of Wanshi Technology, and signed a cooperation agreement with Chen Jialin.

(End of this chapter)