Rebirth of the 1980s: The Military Industry Empire

BOE is the leader in manufacturing LCD screens, but that was in the 90s or even after the new millennium. What is the level of LCD screens now? It's just the level of the display screen on a calculator, and it hasn't yet developed into a mainstream display device at all.

So, if you want to give the Beijing Electronic Tube Factory a suggestion, it must be to engage in picture tubes. In the 1980s, televisions were the most popular product. Those without money bought black and white TVs, and those with money bought color TVs. Those without money bought 14-inch TVs, and those with money bought 20-inch TVs. Regardless of whether they had money or not, everyone wanted to buy a TV to watch at home. In rural areas, as long as one family had a TV, it would definitely be surrounded by the whole village.

Electronic tubes are obsolete products, but televisions are the most popular products. Shifting from the production of electronic tubes to the production of television picture tubes can generate huge profits.

"Yes, President Qin, we also know that if we can switch to producing television picture tubes, we will definitely turn losses into profits. However, this also requires investment. We simply don't have the extra funds to start new projects, and it also costs money to renovate existing production lines," Zhang Hong sighed.

The state will not give them money, and the bank will no longer give them loans. They simply do not have the capital for this transformation.

"President Qin, can you invest in us?" someone next to him asked, his eyes full of expectation.

"When encountering difficulties, you must first think about self-rescue. If you always rely on others for help, the company will never develop," Qin Yang shook his head. "If you don't have money, can't you raise funds yourselves?"

Raise funds?

Everyone's eyes widened.

"Mobilize all the employees in the factory, and each person contributes a few dozen or a few hundred yuan. Then the entire factory can raise hundreds of thousands or even millions of yuan, which is enough to renovate the production line," Qin Yang said. "If everyone doesn't take action, then after the factory goes bankrupt, everyone will be laid off."

Employee fundraising is the most common way for factories to save themselves. Of course, when used in state-owned enterprises, its success will be widely praised. When used in private enterprises, it is a bit unethical.

Qin Yang also knew that BOE in his later life did just that. When the company was completely unable to recover, the newly appointed Wang Dongsheng decided to raise funds through fundraising. However, the company had not paid wages for many years, and the workers' lives were also very difficult. However, in terms of self-rescue in production, the employees still showed the sense of responsibility and loyalty of military enterprises.

However, although the wages of workers are high, their expenses are also large. Because they all have secure jobs, they have long developed the habit of spending as much as they earn. Most people do not have the habit of saving. How much can they raise if they are asked to raise funds for the factory?

"If the factory closes down, then their not-so-high income will be gone," Qin Yang said. "At this time, they should know that they can only have a future if they share the same fate as the factory. Otherwise, they may have to go to the vegetable market to pick up vegetable leaves to make a living in the future."

This sentence is very harsh, and the faces of many people opposite him turned dark.

However, Qin Yang was not alarmist. In his time and space, after 1986, the state directly threw the factory into the market economy for self-financing. As a result, the factory began to enter a seven-year quagmire of losses. The hands that originally produced electronic tubes began to fold and staple book pages, knit sweaters, do cleaning, and do freight. Even in the most difficult times, they could only go to the vegetable market to pick up cabbage leaves!

Wang Dongsheng originally had a better future, but he still chose to stay because of a veteran worker's words.

At that time, many people wanted him to stay, and he asked, "Why should I stay?"

A veteran worker replied, "Just because you won't let us pick up cabbage scraps again!"

This sentence instantly moved Wang Dongsheng, and he stayed at the Beijing Electronic Tube Factory and transformed it into the famous BOE in the industry.

So, I dare not say anything else, but picking up vegetable leaves is real. However, now that I tell these people this, they simply cannot accept it in their hearts. If it were someone else, they might quarrel if they had a bad temper, but they are unwilling to do so in front of President Qin.

They came to President Qin for help, hoping that President Qin could help them overcome the crisis. However, President Qin only provided them with some suggestions and did not give them any substantial support.

This made them a little disappointed.

"Director Zhang, should we leave?" someone couldn't help but say.

Qin Yang smiled. It is only 1983 now, and these people have not yet understood the cruelty of the market economy and still have many fantasies. They cannot agree with his words, which he can understand. Since ancient times, good medicine tastes bitter, and honest advice is offensive to the ear.

"President Qin, thank you for your suggestions. We will listen to them humbly." Zhang Hong also knew that since President Qin was unwilling to invest, there was no point in saying anything else. It was almost time, and everyone should leave.

"Okay, then I hope everyone can get out of the predicament."

Just as Zhang Hong was about to stand up, she thought of something again: "President Qin, if you independently establish a chip factory, will you need technical talents? There are many excellent workers in our factory."

If the factory is in difficulty, it must reduce expenses. The best way is to reduce the number of employees. It just so happens that Qin Yang needs workers, so he can divert the workers over.

When Qin Yang heard the other party say this, he was speechless for a while.

Sure enough, the other party still doesn't understand the market economy. They still have the old set of selfless dedication from fraternal units in their minds.

What is most important in a factory? It is the front-line workers, these workers directly create value! The lack of competitiveness of state-owned enterprises lies in the fact that there are few people working and many people being idle. Now, they still want to send workers over to reduce expenses, so wouldn't the company have to go bankrupt?

"Director Zhang, if your factory wants to truly turn losses into profits and develop, then the first thing you should do is to cut off the large and small offices and clerks. In a factory, the proportion of front-line workers must not be less than 95%. Only such a factory can adapt to market competition," Qin Yang said. "This is my last piece of advice to you. Although it will touch the interests of many people, you must break the old to establish the new."