Chapter 187 Movement and decoding chip

In the 1990s, there were not many tourism projects in Shuixigou. Apart from a few resorts and hotels, even winter skiing projects and farmhouses had not really developed.

According to Hu Yang's plan, he plans to purchase 200 acres of land at the foot of the mountain and build stables, a three-story complex, an oval horse racing track and several villas.

After the completion of the racecourse, a new project was added to the Shuixigou Scenic Area. He himself would come here for vacation when he had time, and the daily operation was completely left to Dong Qi, the manager of the Xijiang Branch.

To this end, he is prepared to invest eight million yuan.

A few days later, Dong Qi reached an agreement with the township government and paid a total price of 1.9 million yuan for 200 acres of land.

Hu Yang did not personally participate in the construction of the racecourse. He only made some requirements and handed it over to the Xijiang Branch.

Lu Yali comes back this time and plans to stay for more than half a month.

In addition to staying in the mountains for two days, Populus euphratica met several times with Li Hao, Wu Maosheng and others, and then visited Xite Electrician and Xijiang Hezhong. After staying for ten days, he returned to Yangcheng.

.......

End of September.

Lu Yali and Zeng Xiangqi formally signed a joint venture agreement, and at the same time, Xintong International's lawsuit against Cheung Kei Trading in Xiangjiang also came to an end.

No surprise, Cheung Kei Trading lost the lawsuit. The court ruled that Cheung Kei Trading must perform the contract and compensate Xentong International for damages of US$15,000.

Cheung Kei Trading was dissatisfied with the verdict and filed an appeal.

When Zhang Rulin mentioned this lawsuit, he was so angry that he almost slammed the table. Due to the malicious delay of Cheung Kei Trade, it actually caused a lot of losses to Xentong International.

In order not to delay the construction period, Xentong International imported the equipment a second time, which cost an extra US$300,000. Plus litigation fees, attorney fees, etc., it was definitely a lot of money wasted.

For this reason, Cheung Kei Trading is still appealing, clearly intending to drag you to death.

What else could Hu Yang say, he could only comfort Zhang Rulin with a few words. Fortunately, Dr. Zhang learned a lot from this incident, and he probably wouldn't fall for other people's tricks easily in the future.

But from Zeng Xiangqi's point of view, he considered this work to be his proud work, and the old man in his family even praised him a few times.

This made Zeng Xiangqi very excited, especially since he also successfully obtained 49% of Boba's equity.

After signing the agreement, Zeng Xiangqi immediately asked people to prepare for the establishment of the factory. From site selection to handling procedures, to personnel and equipment, all his people were mobilized.

Lu Yali has already calculated the business operations of the first three quarters. In the first three quarters, Boba sold a total of 480,000 VCD machines and achieved a net profit of 120 million yuan.

After making various provisions in accordance with financial regulations, all remaining profits were distributed among the shareholders, and nothing happened to the new shareholder Zeng Xiangqi.

Then, Lu Yali signed an OEM contract with Nishite Technology for 400,000 VCD machines to ensure that the company would have sufficient products to supply the market before April next year.

While Zeng Xiangqi was stepping up the construction of the factory, he also deliberately gave Chen Jialin a sneak peek so that he could know about the joint venture between Cheung Kei Electronics and Boba.

At the same time, Zeng Xiangqi also asked people to slander the reputation of Hard Rock Technology in the industry, saying that the quality of Hard Rock Technology's products was not up to par, and there were many flaws in the production process.

It is said that after Chen Jialin learned about these situations, he became furious and said that after fulfilling the existing contract with Boba, he would no longer cooperate with the other party.

"Hehe, it's done! After a few months, our factory will be built, and Nishite Technology will stop OEM work for Lu Yali. By then, she will have to sell her shares at a low price."

After listening to the assistant's report, Zeng Xiangqi was very proud. He felt that his plan would soon be successful.

After returning from Xijiang, Populus euphratica has kept a low profile.

During this period of time, the company did not have any large investment projects. For several projects with a value of less than 10 million, Hu Yang did not have any involvement and directly handed them over to Xu Younian and the others to complete.

A total of nearly 30 million yuan has been invested in these projects, which are basically high-risk and high-reward projects.

In addition, Hu Yang asked Finance to repay the loan pledged with Xite Electric's equity, and another 80 million yuan in cash was reduced from the book.

At present, Huijia Industrial still has more than 300 million in its accounts.

There is still a lot of money. As a professional investor, the thing he dislikes most is idle funds. Hu Yang endured it again and again, but still did not take the initiative to find new investment projects.

Facts have proved that his patience was right, and soon news came from Xintong International in Shanghai. In view of the excessive financial pressure on the company, Dr. Zhang Rulin decided to conduct a round of capital increase and share expansion.

This round of capital increase and share expansion is mainly for the original shareholders, with a total amount of US$100 million, without premium. Only if the existing shareholders give up the right to increase capital and share shares, the introduction of new shareholders will be considered.

Well, the factory has not been built yet, not a single chip has been produced yet, and the investment has doubled.

No wonder the semiconductor industry is burning money, especially this small chip, which is definitely at the top of the global industrial chain. It cannot operate without huge funds.

Both Hu Yang and Zhang Rulin participated in the capital increase and share expansion according to their shareholding proportions. To this end, Hu Yang invested another 100 million yuan (rmb) in Xintong International.

Hu Yang fully participated in the capital increase and share expansion, and his original share proportion remained unchanged. However, except for him and Zhang Rulin, the other shareholders gave up. This part was converted into shares, accounting for approximately 17% of the company's share capital, and was

A company called "Han-Tang Communications" was included in the bag.

In the blink of an eye, Hu Yang's Huijia Holdings had more than 200 million and less than 300 million left in its account, which really made him realize what it means to spend money like water.

"Tsk, tsk, this chip thing is so expensive!"

With Hu Yang's always calm character, he was a little overwhelmed, fearing that Dr. Zhang would come back for the second or third round of financing.

Therefore, he plans to consider "short-term" investment projects recently and restore his health appropriately.

You must know that currently, the company has 180 million yuan in bank loans excluded from its books, which is actually its own funds, and there is not much left.

Compared with Populus euphratica's worries, Chen Jialin's worries are the worries of happiness.

The National Day holiday has just passed, and there is an endless stream of VCD manufacturers coming to Nishite Technology for OEM. It can be said that as long as Mr. Chen nods his head, the company's orders will surge.

The problem is that due to capacity constraints, a lot of cooked ducks flew away, which tortured him very much.

Gritting his teeth, Chen Jialin still came to see Hu Yang, hoping to persuade him to expand the scale of production. Anyway, the production of "PHS" is not very profitable at this stage, and the base is too small, so it can only be used as a practice.

Chen Jialin talked a lot in Hu Yang's office, but Hu Yang was distracted and said nothing.

"Brother Hu, please give me a word. It doesn't matter if you don't agree. I'll just slap my ass and leave. What's going on with you being silent?"

Chen Jialin was almost anxious and couldn't help but speak an octave higher.

"Oh, I suddenly thought of something else. Mr. Chen, I still have the same opinion. Our production scale has come to an end and we can no longer blindly expand production capacity. It is the last quarter of this year. Do your math. This year, three hundred

After finishing the order of 10,000 units, it’s almost time to turn the new year over.

Sister Lu has placed an additional order of 400,000 units, and Xinke has a long-term contract for 1 million units next year. Why don't you rush to take new orders? Besides, are you sure that the supply of movements and decoding chips is OK? "

The movement and decoding chip that Hu Yang mentioned are the two key components of the VCD machine. These two components are currently not produced in China.

Taking the movement as an example, currently all domestic VCD manufacturers use either Philips products or Sony products, and a third supplier cannot be found yet.

The reason why Hu Yang was a little dazed before was because he thought of this problem.

Starting from the end of 1996, the domestic VCD industry began to enter an explosive cycle, with more than 300 new manufacturers emerging in just a short period of time.

While the industry is booming, a practical problem cannot be avoided, that is, by the beginning of next year at the latest, the two core components of the VCD machine will face a serious shortage crisis.

After all, Chen Jialin is a smart man. After thinking about it for a while, he figured out the joints involved.

"Hey, what do you mean, let's stock up quickly?"

"Of course, there is no need to ask. Do you calculate how much capital can be allocated to Nishite Technology? Then I will allocate another 200 million in funds and hoard some goods."

At present, the cost of the movement and the decoding chip is about 1,000 yuan, which accounts for the majority of the overall cost of the VCD machine. Without these two components, the VCD machine cannot be produced. Relatively speaking, the assembly and production process is not worth mentioning.

Therefore, looking at the bustling VCD industry, it is actually a castle built on the beach, with almost no high technical threshold.

"It's no problem for Nishite Technology to come up with 200 million in cash, and we can stock up on 200,000 units."

Previously, the core components were either imported by the brand company itself, or entrusted to Nishite Technology to import them on its behalf, which did not occupy Nishite Technology's own funds.

But now if I want to stock up on goods, I can only spend my own real money.

Chen Jialin calculated an account for Hu Yang. Nishite Technology can complete the production of 3 million VCD machines this year, with an OEM output value of 900 million and a net profit of approximately 270 million.

At the beginning of the establishment of Nishite Technology, the capital was 20 million yuan. Previously, the two people increased their capital and share capital by 100 million yuan, and the capital was 120 million yuan.

Then we increased production capacity, added a new phs production line, expanded the factory area and built two new standard factories... All in all, Nishite Technology has invested almost 100 million from its establishment to the present.

Therefore, in theory, the company should have about 300 million in cash, but in fact it is still short of 20 to 30 million. After all, some funds will not be credited to the company's account until the end of December.

The remaining funds required by the company to maintain normal production and operations, so the funds that Chen Jialin can mobilize are only 200 million.

"Okay, let's stock up together, each with a capital of 200 million, and if there is value-added, the profit will be half of it for Hard Rock Technology and Huijia Holdings."
Chapter completed!