my life reset

Chapter 403 A once-in-a-lifetime opportunity
Chapter 403 A Rare Opportunity
"Ding dong."

Putting down the phone, Hu Yang lay on the bed and read a book. About half an hour later, the doorbell rang suddenly.

He looked at his watch, it was already past ten o'clock in the evening, and he didn't know who would come looking for him.

Turning over and getting out of bed, Hu Yang walked to the door, and heard someone whispering outside.He saw Lin Yan, Li Jie and Chang Sheng standing in the aisle through the cat's eyes.

"Mr. Hu, I'm sorry to disturb your rest. I just came back from outside and saw that it was not too late, so I came over and rang the doorbell."

When Chang Sheng came to ring the doorbell, both Lin Yan and Li Jie were still on duty.The two lived in two houses diagonally across from Populus euphratica, especially Li Jie, who always kept an eye on the movement in the corridor when he opened the door.

So as soon as Chang Sheng walked over, the two walked out of the room respectively, and Lin Yan told him that Mr. Hu might have already rested.

Only then did Chang Sheng realize that he might be a little reckless, and just as he was about to leave, Hu Yang opened the door.

"Mr. Chang, I didn't go to bed so early. I was lying there reading a book just now. Come, please sit in the room. Assistant Lin, Ajie, you go back to the room and rest."

Hu Yang smiled and invited Chang Sheng into the room.

Li Jie turned around and went back to his room. Lin Yan took two bottles of drinks and put them on the small tea table, and then also backed out.

"Mr. Hu, I'm going to sign a purchase contract with Dongfang Technology tomorrow. From now on, our Ark computer will use their display devices. However, Dongfang Technology's TFT-LCD display devices are still technically flawed. I just plan to Proper purchase of display components for some notebook computers, and the missing parts have to be purchased from Samsung.”

Chang Sheng felt that Dongfang Technology's TFT-LCD display devices were far from his expectations. He was hard to say anything at the time, and decided to reduce the purchase quantity of notebook computer display devices after deliberation.

This time he came to the imperial capital with Hu Yang, and Dongfang Technology also gave Ark Computer the biggest discount.Therefore, Chang Sheng felt that before signing the contract, he still had to discuss it with Hu Yang, otherwise it would be easy to offend others.

Hu Yang was stunned for a few seconds. Before Mu Shaoqing told himself that Chang Sheng was quite satisfied with Dongfang Technology's products, he didn't expect such inside information.

Of course, Hu Yang didn't mean to blame Chang Sheng.Any company will pay attention to its own brand and product quality. It seems that Dongfang Technology's notebook display devices do not meet Changsheng's requirements.

"Mr. Chang, you can make up your own mind about this matter. I will explain to Mr. Liu and Mr. Mu later, and they won't have too many ideas."

As the saying goes, no comparison does no harm.Now it seems that the gap between Dongfang Technology and Samsung and LG in the field of TFT-LCD is not small.

Hu Yang knew that Chang Sheng was worried that he would be difficult in the middle, so he smiled and told the other party not to think too much.

"Okay, thank you, Mr. Hu, for causing you trouble again. So let's do this first, don't disturb Mr. Hu and you rest, let's talk tomorrow when we are free."

Chang Sheng winked and got up to say goodbye, and went back to his room.

The next day.

Hu Yang took Lin Yan and others, accompanied by Mr. Liu and Mu Shaoqing, to inspect the office area and factory area of ​​Dongfang Technology.

At present, it is CRT display devices that can bring profits to Dongfang Technology, and this kind of desktop display still occupies the mainstream of the market for the time being.The company's CRT business has always ranked first in the domestic market, contributing huge profits to the company.

It's just that Dongfang Technology is a latecomer in terms of TFT-LCD display devices. Facing the technology patent barriers of Samsung, LG and other giants, the road to research and development is difficult and tortuous.

Hu Yang is very clear that although CRT display devices are still making good profits, they will soon be replaced by liquid crystal displays (TFT-LCD).

"Mr. Liu, Mr. Chang told me yesterday that he will come to the company to sign a purchase contract today. He is very satisfied with the CRT display devices of the whole machine. In the future, all CRT display devices of Ark Computer will be purchased from Dongfang Technology.

However, Chang always feels that the company's TFT-LCE display devices still have some flaws, such as chromatic aberration and polarization ratio. "

Hu Yang said frankly that this kind of thing does not need to be too euphemistic.

Mr. Liu glanced at Mu Shaoqing, and then said with a little embarrassment: "Mr. Chang's opinion is true. We are still students in the TFT-LCD field, and we are indeed not good enough in many aspects.

Hey, in fact, we have also invested a huge amount of money in technology research and development, but it is a pity that many technology paths have been blocked by the patent barriers of Samsung and LG.However, there is a good opportunity recently, otherwise why am I so anxious to raise funds? "

Following Mr. Liu's narration, Hu Yang finally figured out what was going on here.

It turned out that Hyundai Korea was burdened with heavy debts. In order to preserve its core semiconductor business, it had to reluctantly give up its TFT-LCD business with good profit potential. It planned to sell its subsidiary HYDIS to save the company's cash flow crisis.

This is an excellent opportunity for Dongfang Technology.It's just that there are many international companies staring at this piece of fat. In the end, whoever wins the competition depends on strength, and to put it bluntly, it is capital.

This is similar to the principle of participating in an auction, the one with the highest price of good assets wins.

"Mr. Hu, I just got in touch with Hyundai, and I haven't made up my mind to formally propose the acquisition plan. Originally, the company was going to hold a board meeting this month to discuss this matter, and you just happened to be here, Mr. Hu. How about we go to the conference room now? Okay. Talk about the plan."

Mr. Liu's discussion of financing yesterday was just an introduction, and the acquisition of Hyundai's TFT-LCD business is the most important thing.

In order to prevent Hu Yang from vetoing this plan, Mr. Liu kept it a secret for the time being, and even Mu Shaoqing didn't know about it.

Of course, Mr. Liu and Hyundai HYDIS have only had a little contact, and the acquisition plan has not yet been formed.

Hu Yang glanced at Mu Shaoqing, who nodded slightly, Hu Yang said with a smile: "Okay, Mr. Liu, Mr. Mu, let's go to the meeting room together."

Several people walked into the meeting room and took their seats. Mr. Liu asked the secretary to bring some materials and distribute them to everyone.

Hu Yang learned from these materials that the TFT-LCD business sold by Hyundai includes all intellectual property rights (TFT-LCD application technology, design technology and manufacturing technology, etc.) International market share and sales network.

"Mr. Hu, according to preliminary estimates, if we want to successfully acquire HYDIS, we need to raise about 4 million U.S. dollars. But now the company simply can't afford that much money."

Mr. Liu is very depressed, although his own name is Liu Jin, but now he can't change so much money either.

At present, Dongfang Technology's additional issuance plan has not yet been approved by the regulatory authorities. He has also discussed bank loans, but no bank is willing to lend him such a large sum of money.

As for Hu Yang's plan to apply for the issuance of H shares, it is far from being able to solve the near fire, and it is too late.

Hu Yang didn't say a word, the fingers of his right hand lightly clasped the conference table, his mind was running rapidly.

Hyundai's sale of the TFT-LCD business of its subsidiary HYDIS is undoubtedly a golden opportunity for Dongfang Technology.Compared with the related technology purchased by Charming Technology from Toshiba Semiconductor, it can enable the company to quickly achieve technological breakthroughs.

But what about funding?

"Mr. Liu, I have an idea. If you want to raise such a large sum of funds as soon as possible, you might as well go to Xiangjiang to issue corporate bonds. The procedure for issuing bonds is relatively simple and can be completed within a month. At the same time, You are actively preparing materials and doing the preliminary work for the issuance of H shares."

Hu Yang thought for a while and came up with a compromise.That is to walk on two legs, first issue corporate bonds, and then apply for the issuance of H shares on the Stock Exchange. After the H shares are successfully issued, the debt can be repaid.

In this way, the acquisition of Hyundai's TFT-LCD business will not be delayed, which can be said to kill two birds with one stone.

"Mr. Hu, I'm not questioning you, but I heard that although the threshold for issuing corporate bonds is not high, there is still a problem, that is, it may not be issued."

The interest rate of corporate bonds is not high, and it can be a little bit higher than the bank interest rate in the same period, so it is not very popular in the market.

Mu Shaoqing couldn't help asking this question.

"Mr. Liu, Mr. Mu, I am also the major shareholder of the company. At this critical moment, I should do something for the company. How about this, you hurry up and prepare for the issuance of corporate bonds, and my staff in Xiangjiang can also help you. If the issuance of corporate bonds is not satisfactory, I will buy all the remaining ones."

Hu Yang is not impulsive, he knows that if Dongfang Technology loses this opportunity, it is very likely that it will lose ten years of development time.

Moreover, there are still billions of dollars of idle funds in Huijia International Investment's account, and buying corporate bonds will not lose money, which is better than sitting idle on the account and earning interest.

"Mr. Hu, I don't even know how to thank you. Don't worry, we will seriously impact the listing of H shares this time. As long as the listing is successful, I will pay off the debt you purchased as soon as possible."

Liu Jin seemed a little excited. It is really difficult to meet a major shareholder like Hu Yang.This has happened several times. Every time Dongfang Science and Technology encounters financial difficulties, it is Hu Yang who helps.

"Mr. Liu, you don't need to be polite, we are our own people. In addition, in order to raise funds as soon as possible, it is best to issue short-term corporate bonds."

Hu Yang's meaning is very clear, which is to let Dongfang Technology issue a one-year debt.

"No problem, then let's make a decision and issue a one-year bond. Mr. Mu, you go and call a meeting with relevant personnel, and start to implement the company's bond issuance immediately."

Liu Jin immediately made a decision to let Mu Shaoqing take charge of the whole matter.

Hu Yang nodded, agreeing to Liu Jin's arrangement.Mu Shaoqing immediately left the meeting room, he needed to break down the tasks layer by layer.

Liu Jin then called and asked all the company's named directors to come. After all, the issuance of bonds by a company is also a major event and requires the approval of the board of directors.

Of course, the board meeting was just a formality. The shares represented by Liu Jin and the shares represented by Hu Yang are enough to form any resolution.

(End of this chapter)