Rebirth of Northland Technology

While talking with his classmates, Cheng Yongxing also slowly resumed work in the company.

Due to the strange dizziness, he has been out of company affairs for almost two months.Fortunately, the optoelectronic system has matured, so far, everything is normal.

The biggest thing I missed during this period was the group's mid-year summary in 1993.

Cheng Yongxing took the briefing of the meeting, watching and asking questions, and Secretary Lin gave him detailed explanations one by one.

During this time, several companies have developed very well.

Full color has been developing rapidly.Although the power outage in the first half of the year temporarily affected revenue and profits, the overall situation has not changed.All mass production of 7 first-generation lines and 1 second-generation line has become the company's veritable banknote printing machine.

With the increase in production capacity of these lines, the company's gross profit has reached an astonishing US$60 million each month.

There are already US securities companies that have contacted Quancai to go public in advance or conduct another round of financing.There are private equity funds that come to contact actively, and can underwrite 200 million shares at $5 per share.In other words, this round of financing, Quancai will once again reap 1 billion US dollars.

It's just that there have been controversies within Quancai, what is the purpose of this round of financing.

The pie-style expansion has created a bottleneck in Ice City.After all, the resources of a city are limited.

The LCD industry, a billion-dollar industry, cannot be accommodated at this time.In 1993, China's entire country's GDP was only 400 billion US dollars.

Not to mention, there is also an LED industry that is striding toward tens of billions of dollars, which is also competing for limited resources.

Under this circumstance, the headquarters of Bingcheng will adopt the method of technological upgrading to bring higher output with the same energy consumption.

At the same time, remote expansion has become an option, and the construction of sub-bases has been put on the agenda.

Sub-base represents not a production line, but a group of production lines!The investment of a sub-base will start at least 2 billion yuan!

Knowing this news, the business investment leaders of development zones across the country gathered in Bingcheng to fight for this rare opportunity.

After several selections and balances, Bincheng finally won and became the first sub-base of the full color.

Bincheng was the only development zone in the early Northeast, and it was a port in itself, which would be convenient for export.

The more important reason comes from the LCD industry chain. Bingcheng's raw material base radiates Bincheng, which is barely okay.No matter how far away, there will be problems.

Of course, there is no objection to this plan.Bingcheng Mansion has great opinions on this.

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Within the optoelectronic system, the biggest objection to the full-color Bincheng plan is "Huge Tech".

Several people and horses have already consciously started the process of enclosing the land with power resources."Huge Hi-Tech" is extremely dissatisfied with the full color reaching out to Liao Province to grab the power index.

"Huge Hi-Tech" has been in the LCD industry for almost a year, but the effect is not very good.Their first production line encountered problems with the yield rate, and was unable to produce.

The main reason why the production line cannot be mass produced is the inheritance of technology.

The rapid mass production of Lin LCD has something to do with the core team of workers sent by Quancai Technology.

Although Huge High-Tech also has some employees involved in LCD production line production.But after all, they are not core technical personnel, which makes "Huge Tech" forced to re-climb the technology tree of yield.

However, this is also the case, leading to a relatively good situation of assets and liabilities of Huge Hi-Tech.

With the overall improvement of the LED market, the two companies that split from Huge Hi-Tech, "Huge Hi-Tech" and "Colorful Technology", after nearly a year of cultivation, got rid of the pressure of turning in profits every month. Slowly restored the ability to pay dividends.

When the two companies separated, they did not inherit any bank debts and their current financial situation is quite healthy.

Except for the fast-burning "Quancai Technology" and "Lin LCD", other optoelectronic companies, at the end of the first half of 1993, had more or less good dividend plans.

These dividends, which fell under the name of Cheng Yongxing, totaled 23 million.

Dividends from other shareholders have long been claimed.Only the dividends under his name have been kept in the financial account due to no instructions.

According to Cheng Yongxing's previous habit, this part of the dividend will be transferred to the talent fund as usual.No one mentions this now.

There are two reasons for it. One is Cheng Yongxing's illness, which makes many people pay attention to and reflect on this matter.In addition, the funds required by the talent fund are not enough for the tens of millions.

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Cheng Yongxing did not intend to withdraw this part of the dividend.He is not short of cash either.The internal shares that were transferred to the school's faculty and staff, and the 5 million yuan in exchange for them, have not been moved.

This money, in this era, is enough for him to squander it for a while.

Back in this era, there is a more interesting phenomenon, that is, these dividends are not very good.If you use these funds to invest in value preservation, it might as well continue to invest in your own business.

Donating dividends and stocks for charity and setting up a charity fund is a common choice for the new generation of IT success.Although the so-called funds established by many people are suspected of tax avoidance and transfer of assets, many people are indeed doing things.

The 23 million dividends were used to establish a new fund, the "Basic Fund."

The "Basic Fund" will be used to support some basic technology and theoretical research and development, such as physics.

The first reason for establishing this fund was to support him. He couldn't do some experiments and projects at Lin University, and he had to apply for funds everywhere.

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The other reason is deeper.

So far, whether it is in the scientific research stage or the industrial stage, Cheng Yongxing has always adopted a trilogy.In the scientific research stage, it is optical fiber inspection, MEMS, LED.At the industrial stage are LED, LCD, and wafer.

But at a larger strategic level, there is also a trilogy.

The first step is the high-tech industry represented by LCD wafers.

The second step is the Internet industry represented by PlanB.

The third step is based on basic technology and theories represented by physics and mathematics.

In the past few years, Cheng Yongxing has taken many shortcuts by taking advantage of the advantages brought by rebirth.These shortcuts seem to work quickly, but from a long-term perspective, they are actually harmful.

This practice is actually a practice of plagiarism and piracy.It's just that it's not just stealing the technology of the current era.

How difficult it is to work hard, how easy it is to copy it.

This approach can be emergency, but it cannot be sustained.

At this time, or not only at this time, even thirty years later, China is full of similar impatience from top to bottom.

The idea of ​​reform is to set up development zones in coastal areas first, so that some people will get rich first.The essence of the establishment of these development zones is to develop the economy through tax cuts.

As economic development zones spread across the country, their impact on the country’s finances has become increasingly obvious.The financial crisis encountered in the early 1990s also had a lot to do with the full bloom of the development zone.This has led to the subsequent separation of state taxes and local taxes and the overall rectification of development zones.

In order to protect the economy, cutting education funding, military funding, and research funding is the only way out.

And in education funding, there are different treatments.Life in engineering colleges is generally better than science.The reason is that the research results of engineering colleges can be quickly transformed into economic benefits.The money invested in the field of basic theoretical research belongs to the type of water and water, and it is right to be cut.

This kind of thinking has not been corrected until later lives.

During the economic war between China and the United States in later generations, some analysts said that China's graduating millions of engineering college students every year is a new generation of demographic dividend and engineer dividend.This way of thinking, as a country in the process of catching up, is effective in doing reverse engineering.

But like the Soviet Union, it is impossible to become a big country on par with the United States.

Why can the Soviet Union compete with Europe and the United States for decades? Even though the Soviet Union has been disintegrated for more than 30 years, Russia can still eat what it is today. It is the Soviet Union's talents in mathematics, physics and other basic science and technology fields.

When will China be able to claim the bonus of scientists, and when will China truly rise.

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It can be said that PlanB and the talent fund are prepared for five years and ten years later, and this basic fund is prepared for China 30 years later.

It is not realistic to expect Cheng Yongxing to pull up the basic technological level of the country as a whole, but it can at least allow him to make a difference in certain subdivisions.

Of course, there are a lot of principles, and you should copy or copy.

But how to copy, who will copy, here is a big deal.

Why did someone copy here?I must copy it myself!

wrong!

What is the purpose of the secret note?

If Ma Yun went to a school, stayed for a few months, and then returned with a Nobel Prize, what would happen?

The richest man in this era, the one who makes feed in Sichuan, can he have half of his wealth?

Besides, what is the fundamental purpose of the basic fund?

This brings us back to Cheng Yongxing's first choice in this world.

What is most important in this era?

Is it really money?

What is the reason behind the daughter's return?

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As soon as the fund was established, it immediately attracted everyone's attention.Departments of Physics and Mathematics have sent people to inquire about the application channels and project selection criteria.