Reborn in 1991, helping dad become the richest man

Chapter 249: Mass Production? Share Subscription!



Chapter 249: Mass Production? Share Subscription!

"Mr. Tang, I have no objection to investing in the research and development of special glass and transistor technology, but I think we can conduct research and development while producing.

After all, it takes more than a day or two to develop these things, but the market is here now.

There are currently no LCD TVs in China. Although our LCD TVs are expensive and slightly more expensive, we have a large market after all.

Our country has a population advantage.

If we launch the product, it will definitely be profitable!"

Zuo Tai had no objection to Tang Xionghua's order to increase investment in research and development.

However, he has something to say about increasing research and development while accelerating mass production.

In Zuo Tai's opinion, Wanhua now has such technology that it can set up production lines and then turn samples into finished products for market.

Research can.

While selling products to make money, I continue my research.

After he finished speaking, Jiang Wanmeng, who had returned to his old job and was now in charge of the research and development of LCD TV projects, also nodded in agreement.

"Mr. Tang, the technology is definitely not something that can be developed in a few days. We can start with mass production and sales!"

However, Tang Xionghua directly and firmly rejected what the two said, "No, listen to me!

After a pause, Tang Xionghua looked at the two of them and said, "With this kind of production, what's the difference between us and the American conscience? If your throat is pinched, you won't be able to speak. I believe you understand this principle!"

"But who will strangle us now, Mr. Tang..."

Zuo Tai wanted to say more, but Tang Xionghua raised his hand to interrupt him.

"Not now because our product is not on the market yet. If we were to go on the market and create huge profits, do you think others would just sit there and watch?"

Tang Xionghua didn't blame Zuo Tai and Jiang Wanmeng for thinking this way.

Due to the current national conditions, my country's relationship with the small book is actually in a honeymoon period in the past century.

It can even be said that during this period, many people seemed to have forgotten decades of hatred.

The import and export trade between the two sides is very brisk.

But in fact?

Why is Xiaobenzi so flattering and being so sweet to the flower-growing family who is still so poor?

The fundamental reason is that the small country is short of supplies. Their various technologies require various materials, and these raw materials are very scarce or even non-existent in their country.

That's why they came up to us with such licking faces, and the flower-growing countries, because of their underdeveloped economy and backward technology in all aspects, can only reluctantly exchange various materials for certain technology and even economic development.

But this kind of thing is only short-term.

From a macro-environmental perspective, it is impossible for my country and Japan to remain sweet forever.

In addition, Xiaobenzi will not sit idly by and watch Wanhua make money. Just look at it before you know it.

As soon as VCD came on the market, Sony came along. Although what they wanted was actually the authorization of VCD, but looking back at history, there was nothing good about small notebooks.

Rather than believing that they will not choke you, it is better to believe that the women in the old streets and alleys of Chuzhou will become good people.

Zuo Tai was silenced by Tang Xionghua's words.

Tang Xionghua didn't look at him and continued watching the TV for a while. After discussing various situations with Jiang Wanmeng, Tang Xionghua and Jiang Wanmeng and others returned to the Wanhua headquarters in front.

After asking Zuo Tai to call others to convene a board meeting, Tang Xionghua looked at Tang Yichen and asked Tang Yichen if he wanted to go back first.

Tang Yichen nodded to this.

There's nothing much to see next.

The TV has been watched, and Dad went to a meeting and just talked about the decision he just made.

After all, Wanhua is no longer run by Tang Xionghua alone. He is only the chairman, but he must inform other shareholders and investors when it comes to investments of hundreds of millions of dollars, even if it is internal R&D investment.

Of course, none of them would object to this.

However, like Zuo Tai, some other shareholders also suggested mass production and listing first.

In this situation, Tang Xionghua could only waste his breath.

In any case, Tang Xionghua has made up his mind that in this life, when doing business, he must not lose his skills, and he must not let others strangle him.

Even if there is really no other way and the patent is in someone else's hands, we have to develop the technology ourselves, and at the same time increase investment and research the next generation of technology.

When it comes to being a hooligan, it's obvious which is more important, reputation or the feeling of being strangled to death.

What's more, this is a normal operation. Not only Tang Xionghua, but almost all developed countries except flower-growing countries are doing this now, because this is stipulated in international patent law.

The purpose is also to promote scientific and technological development.

On March 31st, Phoenix TV Chinese Channel started broadcasting.

On the same day, there was a shakeup within Wanhua.

Because Wanhua announced the subscription qualification plan for original shares.

This time, the original plan remains unchanged and Wanhua will still go public on Nasdaq.

Wanhua is valued at 4 billion yuan, with a total share capital of 4 billion. This time, 200 million shares were offered for internal subscription at a 10% discount. In other words, Wanhua, which is not listed yet, is valued at 4 billion yuan per share, meaning that when it goes public, each share will be valued at 1 yuan.

Senior executives like General Manager Zuo Tai can subscribe to 10 million shares. For others, the share decreases gradually based on their position or length of time at Wanhua. All regular employees at Wanhua are eligible for a share.

The lowest amount is one hundred shares.

Wanhua did not give options, but this IPO operation is equivalent to giving options to everyone.

It was a carnival. After the announcement, Wanhua was in an uproar. The same was true on a social level.

Annoyance, envy, jealousy, hatred, all kinds of emotions are conveyed.

According to the opinions of some experts published on television and in newspapers, it is not surprising that Wanhua’s market value will exceed 10 billion yuan after its listing, and it can even be said to be absolute.

After all, although Wanhua does not have a monopoly in the global VCD industry, it is definitely a big player.

It is the only dominant player, occupying more than 70% of the global market share.

For an enterprise like this, it wouldn't be surprising if it could reach 20 billion, let alone 10 billion.

In this case, you can now buy internal original shares at a 10% discount.

By then, one wave will increase by at least 20 to 30 times, and it would not be surprising if it is even higher, 50 times.

Isn’t this enviable?

At Wanhua, anyone who passes their probation period gets at least 100 shares. An investment of less than 100 yuan yields a return of 4,000 to 5,000 yuan.

And this is the least.

How about a little more, subscribing to 500 shares, 1,000 shares, or 10,000 shares?

In short, this time, experts predict that Wanhua's listing will create nearly ten new billionaires and thirty or forty millionaires.

There will be even more others with millions or hundreds of thousands.

Wanhua, once again, has become a hot topic among the public in this era without the Internet and social networking platforms.

Getting rich is what the general public cares most about in this era of poverty.

Nowadays, this kind of opportunity to make money does not require any technical skills, and you can just work at Wanhua.

How can this not make people jealous, envious and hateful.

Sadly, jealousy, envy, and resentment are pointless. Wanhua is now even harder to get into than a state-owned enterprise iron rice bowl, and Wanhua hasn't hired in two or three months. No one is quitting. Unless Wanhua expands production capacity, it's not a bottomless pit, so how can it keep hiring?

However, although Wanhua was once again at the center of the storm, another major event occurred the next day, April 1st, which diverted everyone's attention to a large extent.


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