"Ding dong..."

Putting down the phone, Hu Yang lay on the bed reading a book. About half an hour later, the doorbell suddenly rang.

He looked at his watch, it was already past ten o'clock in the evening, and he didn't know who would come looking for him.

After getting out of bed, Hu Yang walked to the door and heard someone whispering outside. Through the peephole, he saw Lin Yan, Li Jie and Chang Sheng standing in the hallway.

"Mr. Hu, I'm sorry to disturb your rest. I just came back from outside and saw that it was not too late, so I came over and rang the doorbell."

When Chang Sheng came over to ring the doorbell, both Lin Yan and Li Jie were still on duty. They lived in two houses diagonally across from Populus euphratica, especially Li Jie, who opened the door and was always paying attention to the movement in the corridor.

So as soon as Chang Sheng came over, the two of them walked out of the room separately. Lin Yan told him that Mr. Hu might have taken a rest.

Only then did Chang Sheng realize that he might have been a little reckless. Just as he was about to leave, Hu Yang opened the door.

"Mr. Chang, I didn't go to bed so early. I was just lying there reading a book. Come, please sit in the room. Assistant Lin, Ajie, you go back to the room and rest."

Hu Yang smiled and invited Chang Sheng into the house.

Li Jie turned around and returned to his room. Lin Yan took two bottles of drinks and put them on the small tea table, and then withdrew.

"Mr. Hu, I plan to sign a purchase contract with Oriental Technology tomorrow. From now on, our Ark Computer will use their display devices. However, Oriental Technology's tft-lcd display device is still technically flawed. I just plan to

If we purchase an appropriate amount of display devices for laptops, the missing parts will have to be purchased from Samsung.”

Chang Sheng felt that Oriental Technology's TFT-LCD display devices were quite different from his expectations. He couldn't say anything at the time. After much deliberation, he decided to reduce the purchase quantity of laptop display devices.

This time he and Hu Yang came to the Imperial Capital together, and Oriental Technology also gave Ark Computer the biggest discount. Therefore, Chang Sheng felt that before signing the contract, he still had to discuss it with Hu Yang, otherwise it would be easy to offend others.

Hu Yang was stunned for a few seconds. Mu Shaoqing had previously told him that Chang Sheng was quite satisfied with Dongfang Technology's products, but he didn't expect there to be such inside information.

Of course, Hu Yang did not mean to blame Chang Sheng. Any company will pay attention to its own brand and product quality. It seems that Oriental Technology's notebook display devices do not meet Chang Sheng's requirements.

"Mr. Chang, you can make up your mind on this matter. I will explain it to Mr. Liu and Mr. Mu later. They won't have too many ideas."

As the saying goes, there is no harm without comparison. Now it seems that the gap between Oriental Technology and Samsung and LG in the TFT-LCD field is really not small.

Hu Yang knew that Chang Sheng was worried that it would be difficult for him to do it in the middle, so he smiled and told him that he didn't need to think too much.

"Okay, thank you, Mr. Hu, for causing you trouble again. Let's do this for now. I won't disturb Mr. Hu and you can rest. Let's talk when we are free tomorrow."

Chang Sheng stood up and said goodbye with a wink, and went back to his room.

The next day.

Hu Yang took Lin Yan and others, accompanied by Mr. Liu and Mu Shaoqing, to inspect the office and factory areas of Oriental Technology.

At present, what can bring profits to Oriental Technology Company is CRT display devices. This kind of desktop monitor still occupies the mainstream of the market. The company's CRT business has always been the first in the domestic market share and contributed a huge amount to the company.

profit.

However, in terms of TFT-LCD display devices, Oriental Technology is a latecomer. Facing the technical patent barriers of giants such as Samsung and LG, the research and development road has been difficult and tortuous.

Hu Yang knows very well that although CRT display devices still have good profits now, they will soon be replaced by liquid crystal displays (tft-lcd).

"Mr. Liu, Mr. Chang told me yesterday that he will come to the company today to sign a purchase contract. He is very satisfied with the CRT display device of the whole machine. In the future, all CRT display devices of Ark Computer will be purchased from Oriental Technology.

However, Chang always feels that the company's TFT-LCE display device still has some flaws, such as chromatic aberration and polarization rate."

Hu Yang speaks directly, there is no need to be too tactful about this kind of thing.

Mr. Liu glanced at Mu Shaoqing, and then said with a slight embarrassment: "The opinions raised by Mr. Chang are facts. We are still students in the field of tft-lcd, and we are indeed not doing well enough in many aspects.

Hey, in fact, we have been investing huge amounts of money in technology research and development. Unfortunately, many technical paths are blocked by Samsung and LG’s patent barriers. However, there is a good opportunity recently, otherwise why would I be so anxious?

What about financing?”

Following Mr. Liu's narration, Hu Yang finally understood what was going on.

It turns out that due to the heavy debt burden, South Korea's Hyundai had to reluctantly give up its TFT-LCD business with good profit potential in order to preserve its core semiconductor business, and planned to sell its subsidiary Hydis to save the company's cash flow crisis.

This is an excellent opportunity for Dongfang Technology. However, there are many international companies eyeing this piece of fat. In the end, who can win the competition is based on strength, and to put it bluntly, funds.

This is similar to participating in an auction. The one with the highest price will get the good assets.

"Mr. Hu, I have just come into contact with Hyundai, and I haven't made up my mind to formally propose an acquisition plan. Originally, the company was going to hold a board meeting to discuss the matter this month, and you just happened to be here, Mr. Hu. How about we go to the conference room now? Okay.

Let’s talk about the plan.”

Mr. Liu's talk about financing yesterday was just an introduction. The acquisition of Hyundai's TFT-LCD business is the top priority.

In order to prevent Hu Yang from vetoing this plan, Mr. Liu has kept it secret for the time being, and even Mu Shaoqing does not know about it.

Of course, Mr. Liu has only had a slight contact with Hyundai Hydis, and the acquisition plan has not yet been formed.

Hu Yang glanced at Mu Shaoqing, who nodded slightly. Hu Yang then said with a smile: "Okay, Mr. Liu, Mr. Mu, let's go to the conference room together."

Several people walked into the conference room and took their seats. Mr. Liu asked his secretary to bring some information and distribute it to everyone.

Through this information, Hu Yang learned that the TFT-LCD business sold by Hyundai includes all the intellectual property rights of Hyundai's subsidiary Hydis (TFT-LCD application technology, design technology and manufacturing technology, etc.) and its team, as well as the company's knowledge in the TFT-LCD field.

International market share and sales network.

"Mr. Hu, according to preliminary estimates, if we want to successfully acquire Hydis, we need to raise approximately US$400 million in funds. But now the company simply cannot afford that much money."

Mr. Liu is very depressed. Even though his name is Liu Jin, he still can't make so much money.

At present, Oriental Technology's additional issuance plan has not yet been approved by the regulatory authorities. He has also negotiated for bank loans, but no bank is willing to lend him such a large sum of money.

As for the plan proposed by Hu Yang to apply for the issuance of H shares, it is too late to relieve the immediate fire.

Hu Yang said nothing, the fingers of his right hand lightly clasped the conference table, and his mind was running rapidly.

Hyundai's sale of the TFT-LCD business of its subsidiary Hydis is undoubtedly a once-in-a-lifetime opportunity for Oriental Technology. This is comparable to Charming Technology's purchase of Toshiba Semiconductor-related technologies, allowing the company to quickly achieve technological breakthroughs.

But how to solve the problem of funds?

"Mr. Liu, I have an idea. If you want to raise such a large amount of funds as soon as possible, you might as well go to Xiangjiang to issue corporate bonds. The bond issuance procedure is relatively simple and can be completed within a month. At the same time,

You are here to actively prepare the materials and do the preliminary work for the issuance of H shares."

Hu Yang thought for a while and came up with a compromise. That was to walk on two legs, issue corporate bonds first, and then apply for the issuance of H shares on the Stock Exchange. After the H shares are successfully issued, the debts can be repaid.

In this way, there will be no delay in the acquisition of Hyundai's TFT-LCD business, which can be said to be killing two birds with one stone.

"Mr. Hu, I'm not questioning you, but I heard that although the threshold for issuing corporate bonds is not high, there is still a problem, that is, it may not be issued."

The interest rates on corporate bonds are not high, just a little higher than bank interest rates for the same period, so they are not very popular in the market.

Mu Shaoqing couldn't help but raise this question.

"Mr. Liu, Mr. Mu, I am also the company's major shareholder. At this critical moment, I should do something for the company. Let's do this. You should hurry up and prepare for the issuance of corporate bonds. My staff in Xiangjiang can also help you.

If the issuance situation of corporate bonds is not ideal, I will buy all the remaining bonds."

Hu Yang was not impulsive. He knew that if Dongfang Technology lost this opportunity, it would probably lose ten years of development time.

Moreover, Huijia International Investment currently has billions of dollars of idle funds in its account, so buying corporate bonds will not result in a loss. It is better than sitting idle in the account and earning interest.

"Mr. Hu, I don't even know how to thank you for this. Don't worry, we will seriously attack the listing of h-shares this time. As long as the listing is successful, I will immediately transfer the debt you purchased.

It’s been paid for.”

Liu Jin seemed a little excited. It is really difficult to meet a major shareholder like Hu Yang. This has happened several times. Every time Oriental Technology encounters financial difficulties, Hu Yang comes to help.

"Mr. Liu, you don't have to be polite. We are our own people. In addition, in order to raise funds as quickly as possible, the corporate bonds issued are preferably short-term bonds."

Hu Yang’s intention is very clear, which is to let Oriental Technology issue one-year debt.

"No problem, let's make a decision and issue one-year bonds. Mr. Mu, go and convene a meeting with relevant personnel and start implementing the corporate bond issuance immediately."

Liu Jin immediately decided to let Mu Shaoqing take charge of the whole matter.

Hu Yang nodded, agreeing to Liu Jin's arrangement. Mu Shaoqing immediately left the conference room. He needed to break down the task layer by layer.

Liu Jin then called all the named directors of the company to come. After all, corporate bond issuance is a major matter and requires the approval of the board of directors.
Chapter completed!