Zhao Ye was overjoyed to receive the message from Lü Maoshi in Beiping.
It's 1987 now. In four years, it will be 1991, and his business will never be able to develop so smoothly again.
In the future, building a wafer fab or an LCD factory will easily cost hundreds of millions, or even billions of dollars. Many of the production equipment and materials will be unavailable even if you wanted to buy them.
Zhao Ye, reborn and back, always felt a sense of urgency.
If his tech company doesn't develop faster, earn more money, and invest more in research and development, it might fall from a first-tier to a second-tier company by the 1990s.
In his previous life, Zhao Ye had already seen through the true nature of the Western world, led by the United States, and therefore never harbored any illusions. Diversified development within the group would strengthen the company's ability to withstand crises. Even if high-tech products were banned, there wouldn't be a lack of funds to continue investing in research and development.
The beverage industry can become a cash cow for Wujiang Group. Given Zhao Ye's understanding of the beverage industry, developing it should not be difficult.
As long as production quality is guaranteed and marketing and promotion are emphasized, the beverage industry can develop very well.
One of the most important marketing and promotion methods is undoubtedly television advertising. It seems that no one understands what a classic is better than Zhao Ye.
Nongfu Spring water tastes a little sweet.
We do not produce water; we are merely nature's porters.
You're the only one in my eyes—hahaha.
If you're worried about getting a sore throat, drink Wanglaoji herbal tea.
Not all milk is called Mengniu.
...
Zhao Ye is familiar with a great many advertisements.
At this time, Lü Maoshi had already begun negotiating with the Beiping government to acquire the Beiping Electron Tube Factory.
This was the first modern electron tube factory in the country, with a total investment of 100 million yuan and a designed annual output of 12.2 million electron tubes. In the 1960s, it was the largest electron tube factory in Asia and one of the largest in the world, with a total of more than 10,000 employees.
In 1965, China's first integrated circuit was produced at the Beiping Electron Tube Factory. At that time, the development of integrated circuits in China was almost synchronized with the research and development work of advanced countries in Europe and America.
However, in the mid-to-late 1980s, the Beiping Electron Tube Factory was on the verge of bankruptcy due to poor management, and tens of thousands of employees faced the risk of being laid off.
The Beiping government was already deeply worried about this matter.
Since Wujiang Group was willing to take over the Beiping Electron Tube Factory, the Beiping government was naturally happy to see it happen.
Office of the Beiping Electron Tube Factory.
Lu Maoshi had just led his team to inspect the factory and learned that the current Beiping Electron Tube Factory covers an area of 591,000 square meters, has fixed assets of 230 million yuan, and employs more than 1,000 people, including more than 1,000 with intermediate and senior professional titles. Its main products include receiving amplifier tubes, large and medium-sized glass ceramic transmitting tubes, traveling wave tubes, industrial heating tubes, semiconductor discrete devices, integrated circuits, sensitive devices and devices, as well as electronic special equipment, instruments, high-fidelity audio equipment, electronic special materials, and high-purity power gases, totaling more than 30 series and more than 500 varieties.
The Beiping Electron Tube Factory had a wide variety of products, far more than they had imagined, which surprised Lü Maoshi and others.
However, this also reveals the technological reserves of the Beiping Electron Tube Factory.
Unfortunately, the Beiping Electron Tube Factory had limited financial resources, yet it was greedy and tried to do more than one thing, producing more than 500 products.
Modern technology companies are typically specialized and highly skilled.
With so many products, the Beiping Electron Tube Factory struggled to achieve top-tier technical standards for any single product, resulting in a broad but shallow product range and insufficient competitiveness in the market.
If Wujiang Group were to acquire the Beiping Electron Tube Factory, it would undoubtedly undertake sweeping reforms, eliminating the vast majority of products with no competitive potential and leaving only those related to LCD manufacturing.
"The Beiping Electron Tube Factory is a factory with great potential. It has a large number of outstanding senior professionals and a wealth of technology reserves. As long as liquid crystal technology is introduced, the Beiping Electron Tube Factory will soon be able to revitalize itself!"
Lu Maoshi spoke up, "Wujiang Group is willing to invest 250 million RMB to buy the Beiping Electron Tube Factory!"
The fixed assets are only 230 million RMB, but talent, technology, and other resources were not included in the calculation. Moreover, acquisitions usually involve a slight premium.
Zhao Ye did not want to take advantage of the country, lest he be accused by some online trolls in the future of misappropriating state-owned assets by acquiring the Beiping Electron Tube Factory for only 230 million RMB.
So, let's add another 20 million RMB.
Of course, this is just the quote from Wujiang Group.
It's still unclear whether the government and the Beiping Electron Tube Factory will accept it; perhaps they will ask for an even higher price.
In fact, the government was eager to get rid of the Beiping Electron Tube Factory, a huge burden. With Wujiang Group able to invest 250 million RMB, why wouldn't the government accept?
An official immediately replied, "Yes, this price is very reasonable!"
Although the factory leaders did not want to sell the factory, they had to consider the interests of the more than 13,000 employees. Selling the factory to Wujiang Group was undoubtedly the best way out.
250 million RMB is indeed a lot.
"We also agree to this price, but Wujiang Group must promise not to lay off employees arbitrarily!" the factory official said in a deep voice.
Lu Maoshi replied, "No problem, Wujiang Group will not lay off any employees without reason."
"Since Wujiang Group has made this promise, then I have no problem with it. I hope that after Wujiang Group acquires Beiping Electron Tube Factory, it will develop and expand the factory and not let such a factory with a glorious history decline from now on."
Upon hearing this, Lü Maoshi considered it for a moment and said, "Okay, no problem."
This chapter is not finished yet. Please click on the next page to continue reading the exciting content!
Continue read on readnovelmtl.com
