Great Power Industry: You're a private company building an aircraft carrier?

After undergoing shareholding reform, BOE has transformed from a state-owned enterprise into a private enterprise. Outsiders are not allowed to freely enter the company's senior management meetings, but... there are exceptions for certain special individuals.

Wang Dongsheng looked towards the door and was instantly overjoyed: "Mr. Ni, you've arrived!"

Mr. Ni smiled and said, "Well, I came straight here after I got off the plane. My secretary said you were in a meeting, so I didn't let him disturb you. I just came to check on you. What's wrong? Are you having some trouble?"

“Yes.” Wang Dongsheng looked troubled. “We plan to launch an LCD project, and Hyundai Electronics from South Korea is preparing to sell their TFT-LCD business. This is a good opportunity, but unfortunately… acquisitions require a lot of capital, and we don’t have that much money available right now.”

There are many types of LCD screens.

The earliest type was the TN LCD screen, which is a passive matrix LCD and was most commonly used when mobile phones still had monochrome screens. Later, it was upgraded to STN, which could also display color, but the color range was limited, and it is now in the process of being phased out.

This feature was commonly used on early laptops. It was characterized by a non-hard screen; when you pressed it with your hand, a ripple effect would appear.

We have now entered the era of hard screens, also known as IPS screens. Depending on the technology, there are many types, the most mainstream of which is TFT-LCD. It has vibrant colors and a wide viewing angle, but the production technology requirements are very high.

When it comes to experts in LCD screens, the Japanese are definitely at the top of the list. After all, LCD technology was invented in the United States, but they didn't continue their research. The Japanese acquired the technology, conducted research for many years, and eventually commercialized it.

However, if we're talking about rising stars in LCD screens, it has to be South Korea. They imported technology and poached talent from the island nation. Just as South Korea's electronics technology surpassed that of the island nation back then, their current LCD screen technology is a direct result of the same method.

Hyundai Electronics' LCD screen technology is also exceptional. Unfortunately, the LCD screen industry is currently in a downturn. Like before, South Korea has blindly expanded, resulting in a broken capital chain and crippling itself. Now, if Hyundai Electronics wants to save itself, it can only sell off its LCD screen business.

The price is too high for BOE to afford.

"How much funding do you need?" Old Ni asked.

"According to our estimates, the LCD screen industry at Modern Electronics will require approximately $400 million, but we can only raise a maximum of $150 million ourselves," Wang Dongsheng said. "There's still a huge shortfall..."

“What? This amount of money is nothing,” said Old Ni. “Let me contact President Qin.”

After saying that, Mr. Ni took out his phone.

The call connected, and a beach scene appeared on the screen. President Qin was resting on a deck chair, and in the distance, there was a beautiful figure who seemed to be building a sandcastle and having a great time.

"President Qin, I'm currently at BOE. They want to acquire South Korea's LCD screen industry, and there's still a shortfall of $2.5 million," Mr. Ni reported.

"Okay, submit a report and ask Yang Group to help advance the payment."

Advance payment!

Wang Dongsheng was deeply moved. In this day and age, borrowing money is becoming increasingly difficult. Borrowing from banks not only incurs high interest rates, but often also requires giving the bank a certain amount of equity. President Qin was actually just making an advance payment?

“President Qin, we can transfer shares to you according to your investment ratio!” Wang Dongsheng leaned closer: “In fact, if you need, BOE can become a subsidiary of Laiyang Group!”

"Better to be the head of a chicken than the tail of a phoenix"—but that depends on the situation. If they become a subsidiary of Laiyang Group, they'll have a powerful backer, and the group can invest in any funds they need. They'll no longer have to worry about overinvesting and ruining themselves.

"No need, Mr. Wang. I have faith in you. You can develop BOE into a world-class display giant on your own." Qin Chuan glanced at the screen, then looked at the distant sea: "Your future is like the sea, with a bright future. Consider this money as a loan from us, with zero interest."

It's not enough for Dongfang to have just one large enterprise like Laiyang Group; it also needs other companies to become giants in various fields!

In the display industry, BOE is undoubtedly a giant! In later generations, BOE's screens will be number one in the world! Although there are many people who blindly admire foreign things and still claim that Samsung screens are number one in the world, you can see the difference by turning both screens to a snow scene.

Samsung screens are just a blank white mess, while BOE screens show the depth and texture of snowflakes!

Domestically produced screens offer more natural and vibrant colors, maintaining excellent display quality regardless of whether the brightness is high or low!

This is just the beginning stage for BOE. In the future, they will invest a lot of R&D funds and quickly become the leader in the screen industry. Not only is the quality good, but the output is also outstanding. Seven out of ten screens in the world are made in the East!

Now that Laiyang Group has money, it should also help other companies, especially those with promising prospects!

No equity, no collateral, just cash, and zero interest!

"President Qin... why are you so good to us?" In Wang Dongsheng's eyes, everything should be measured in terms of profit, and President Qin's actions...

"Because of what happened in 1998," Qin Chuan's voice rang out. "You didn't try to make a quick buck, very good!"

In 1998, the state officially abolished the welfare housing allocation system, and the era of commercial housing officially began!

At that time, a foreign fund approached BOE, offering to invest 50 million US dollars to support BOE's transformation into real estate!

Fifty million US dollars—that was a lucrative opportunity. Everyone was envious. The company held a three-day, three-night meeting, and most people supported getting involved in real estate. However, Wang Dongsheng rejected the temptation.

"If people like us who have spent our whole lives in industry all go into real estate, then who will run the country's industry?"

These words were powerful and resounding, and everyone fell silent.

Shougang Group has transformed into a real estate company and is raking in the profits, while BOE is still struggling in the market and forging ahead on the thorny path of technology!

If BOE were to get involved in real estate, then the future dominance of the display screen industry in the East would be lost! Since BOE has decided to become a high-tech enterprise, Qin Chuan is willing to help!

"President Qin, we..."

"I have no other requirements. Once you've acquired the technology, you must digest and absorb it within a year, catch up with the world's advanced level within three years, and become one of the world's top three within five years! If there is still a funding gap, our Laiyang Group will make up for it!"

Wang Dongsheng took a deep breath: "Alright, President Qin, I promise you, if we don't reach the top three in the world within five years, I, Wang Dongsheng, will personally come to your door to apologize! Moreover, I promise that from now on, all the prices I supply to your Laiyang Group will be 20% off!"