My Age of Investment

  Chapter 499 Supply chain cultivation (seeking monthly ticket)

  Deng Yuanyun's words caused everyone in attendance to frown.

  Although there is no such thing as a famous saying a hundred years ago, "The country is poor and weak." But like the people with lofty ideals a hundred years ago, the mood is extremely heavy.

  The reform has been going on for nearly 30 years. During this period, the domestic economy has developed rapidly. It is not an exaggeration to describe it as earth-shattering. All walks of life are desperately pursuing catch-up and shortening the gap with the international leading technology.

  However, a slightly higher-end technology still cannot be mastered. On the one hand, the technology is blocked, and on the other hand, the foundation is too poor and it takes time to make up.

  A small mobile phone requires more than ninety percent of the technology and components to rely on imports, so it has to be sighed.

  Xia Jingxing noticed the expressions of the people, and said with a smile: "What does this have to do with it? Now in the era of globalization, we pay attention to the division of labor.

  Technology authorization is needed. If you need any components, just buy them.

  As long as our mobile phones are made, with the diligence of the Chinese people, the supporting industrial chain will be ready for you within a few years, and the level will directly match the world's first-class level. "

  This is not Xia Jingxing’s nonsense, but the fact is.

  In the first decade of the 21st century, foreign mobile phone manufacturers are racing to compete in China, and Bird and Lenovo can only become synonymous with low-end products;

  When the industrial chain was raised, in the second decade of the new century, big factories such as Huami OV immediately emerged.

  However, they launched their smartphones at this time and are still developing them in China, playing the role of a "pioneer".

  In terms of difficulty, it must be higher than Huami OV, which only entered the market a few years later.

   More than ten years later, when talking about the electronic information industry in China, the main emphasis was on "lack of cores", which is now called "lack of cores and less screens."

   screen, refers to the LCD screen, panel.

  Just now Deng Yuanjun also reported that BOE only invested in the construction of the first fifth-generation TFT-LCD production line in the mainland the year before, and it achieved mass production this year.

  The development of BOE is also very difficult. The state financial subsidies have accumulated more than 300 billion yuan, and the old leeks have been cut to a terrible level.

  One leaf can know the autumn. Even BOE, which is rich and powerful, has a difficult life, let alone other domestic players in the mobile phone supply chain. Many of them don’t even have a shadow.

   However, Xia Jingxing was not discouraged, and kept comforting herself in her heart, and everything would be fine.

  He looked at Deng Yuanyun and said with an optimistic expression: “Don’t you mean that there are now domestic mobile phone assembly companies and shell manufacturers?

  Start with their support first, and the journey of a thousand miles begins with a single step! "

  Deng Yuanyun nodded, said hello, and then reported the supply chain information he collected.

  "Longcheer Holding Group, founded in July 2002, specializes in mobile phone design and mobile phone business, and was listed on the main board of the Singapore Stock Exchange in May this year..."

  "Huaqin Communication Technology Co., Ltd. was established in August this year. Its business direction is IDH's independent design. Although this company has been established for a short time, the first batch of mobile phone products will begin mass production next month..."

  "Changying Precision, established in 2001, is engaged in the production and sales of mold parts..."

"Lens Technology, founded in 2003, is engaged in the manufacture of mobile phone glass screens. Motorola’s V3 mobile phone sold more than 100 million units, and its screens are made by this company. After this battle, Lens Technology has completely started in the industry. I have gained fame and entered Samsung’s supplier system. I heard that Nokia is also interested in cooperating with them..."

  ...

  Deng Yuanyun reported one familiar company name after another, which made Xia Jingxing's eyes shine brightly.

  Although they are all humble and low-tech companies such as casing, screen, and mobile phone assembly, it really made Deng Yuanjun a treasure.

Taking Lens Technology as an example, Apple’s mobile phones have extremely high requirements for parameters such as screen light transmittance. Apple’s previous Japanese and Baywan contract manufacturers could not do it. In the end, they found Lens Technology to satisfy them. Mobile phone screens with multi-touch technology are manufactured.

When Xia Jingxing arranged for Deng Yuanjun to inspect the supply chain, he also urged the other party to pay more attention to domestic companies.

  Because it can meet the technical conditions, it will definitely give priority to domestic enterprises.

  Also, foreign companies are large in scale and do not need investment from their industry M&A funds.

  The significance of his establishment of an industrial M&A fund is to stabilize the supply chain on the one hand, and on the other hand he is also looking for investment appreciation.

  Investment value-added, sure to invest in domestic companies that are still in the initial stage, the most cost-effective, and the highest return.

  This is his strategy of killing two birds with one stone.

  Xia Jingxing tapped his finger on the desktop a few times, looked at Deng Yuanyun, and said, “Talk to these companies and see if you can invest in them?

  If you are willing to accept investment, give priority to mobile phone orders in the future. "

  Deng Yuanyun frowned, “Mr. Xia, these companies are not high-tech, the added value of the industry is very low, and the rate of return on investment is not high.

  Take the mobile phone assembly factory as an example. They are begging our mobile phone company to place an order. It is impossible to get our necks, because there are too many companies of the same type, and there is no scarcity.

  I really want to invest, I think it’s better to invest in chips..."

  Deng Yuanyun paused, and suddenly felt that something was wrong. He smiled and changed his mouth: “That’s right, there’s nothing to invest in. I’m afraid I can’t even get a bigger wave of money into the chip industry.”

   "Chips, I have considered, but we are still focusing on the research and development of smart phones."

  Xia Jingxing smiled and said, “When the smartphone comes out, the chip design will be officially put on the agenda!

  In the words of the older generation, we are now concentrating our efforts on big things. "

  Xia Jingxing estimates that when the companies that have invested recently have grown up, the amount of funds in their hands will really rise, and they can challenge difficult industries.

  At present, the strength is not allowed.

  You have to eat one bite at a time, so I can’t go to Hao Gaoyuan yet.

  Deng Yuanyun nodded, “Well then, let’s start with the simplest and most basic supply chain.

  We will grow, and they will grow too. Maybe they will start to make chips when they are engaged in foundry, and those who make mobile phone screens will also start to engage in foundry. "

  Xia Jingxing chuckled. The other party was really right. The domestic private entrepreneurs who have emerged in this era are still very courageous, and many of them are constantly expanding their living space and marching into the high-end technology field.

   "Oh, yes, companies in each industry invest two!" Xia Jingxing reminded.

  Deng Yuanyun frowned first, but quickly reacted. This is also a means of checks and balances.

   "Oh, Mr. Xia, there is a company that manufactures consumer electronic batteries, named ATL. Their shareholders urgently need to withdraw. Japan's TDK Group intends to acquire this start-up company.

  I got to know it, and I think we can try to acquire this company. "

  Xia Jingxing feels that the ground is full of treasures, because ATL will have to go out of a company called the Ningde era in the future.

  And ATL itself is also very famous, Apple, Samsung, Huami OV are all using its batteries, and its global share in the field of lithium polymer batteries is close to 50%.

  "Okay, you can get in touch quickly. We will buy it. It's better than selling to foreign investors."

  Xia Jingxing waved his hand and agreed to the plan very readily.

  In this era, many famous Chinese brands have been acquired by foreign capital. On the one hand, foreign companies want to cut off potential opponents to prevent China from entering high-end manufacturing. On the other hand, there are officials who want to urgently attract foreign capital to help.

  Last year, Gree, which nearly sold RMB 13.8 billion in annual sales of RMB 900 million, is a vivid example.

  The reason makes people hear that the brains are big. The local boss said that our local urgently needs a Fortune 500 company.

  (End of this chapter)