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Chapter 407 Xingyi Screen Research Institute, Xiaomi builds new phones!(1/3)

"Yes, Director Wang intends to invest in BOE and become the largest shareholder, but he only needs three board seats. What do you think?"

"The largest shareholder, three board seats... this..."

For a moment, everyone hesitated.

They welcome Wang Yi's investment. The investment is large and the largest shareholder is normal.

But three board seats means that their voice has been weakened!

This is not a good thing.

A major shareholder couldn't help but said: "Of course we welcome Director Wang's investment, but can we give him one less director seat?"

"Yes, we only have one seat for each major shareholder. Director Wang has invested a lot, so it is enough to give him two seats."

Hearing this, Wang Sheng smiled: "Everyone, do you think BOE has the qualifications to bargain with Director Wang?"

"This..." Everyone was silent.

Wang Sheng continued: "Whenever we hesitate and Director Wang leaves BOE, companies such as Visionox next door will immediately welcome him with both hands. Not to mention three seats, even four seats, they are willing to give it! I beg Director Wang to accept it!"

"

Hearing this, other people spoke one after another:

"Yes, without Director Wang's investment, BOE is struggling. But without BOE, Director Wang still has many choices."

"And Director Wang is not just investing. Once he becomes BOE's major shareholder, he will at least purchase a lot of screens, right?"

Wang Sheng nodded: "Yes, Director Wang is planning to launch a new brand of unbounded mobile phones, and the first batch of purchases will be 10 million mobile phone screens!"

"What! Ten million pieces!" Everyone was shocked.

Shareholders who want to continue to oppose should immediately shut up.

At this time, if he says anything more, he is ignorant!

Wang Sheng continued: "If the cooperation goes smoothly, we will continue to place tens of millions of additional orders next year."

"this……"

Everyone in the room was silent.

Big deal!

A terrifying act!

Then they all said, "Isn't it just three board seats? I have no objection."

"Yes, give it, must give it!"

"Don't raise the financing price too high, have a long-term vision, and don't scare away Director Wang."

"It makes sense. We must stabilize Mr. Wang and keep Mr. Wang."

Seeing everyone's twists and turns in their attitudes, Wang Sheng smiled without saying a word and continued:

"Of course, Director Wang also made ugly remarks in front of us. This year's BOE flagship LCD screen is barely qualified, so this cooperation can be achieved. If there are not enough technological breakthroughs next year, it will be difficult to cooperate with the next generation of unbounded mobile phones."

Everyone changed their expressions, but they also completely understood what Wang Sheng meant, or what Wang Yi meant!

"This is easy to say. Put the research and development of LCD mobile phone screens as the first strategic core. We must also win orders for the next generation of unbounded mobile phones!"

"Yes, immediately mobilize R&D elites to make a comprehensive breakthrough in the research and development of LCD mobile phone screens and catch up with Samsung and Sharp!"

"As for OLED, something that won't become popular in five years should be given up long ago. Fix LCD first and stabilize the basic market in the past few years."

"It makes sense. Vice President Qian's ideas are too radical. If we bet on OLED, if it doesn't work out, BOE will be doomed. LCD is still reliable."

"Vice President Qian has a technical background and can engage in research and development, but in terms of strategic capabilities, it is difficult."

"He is suitable to be a CTO, not a vice president."

"By the way, doesn't Director Wang want three seats? If Vice President Qian has one vacant seat, wouldn't it be enough?"

"Damn it, your idea... really works!"

"I also agree. Since Vice President Qian's OLED path is wrong, it is not good to continue to stay on the board of directors. If he sincerely causes trouble for us, then..."

"Ahem, you must not have the intention of harming others, and you must have the intention of guarding against others. Now that we have broken up, it is not time to break up."



Looking at these people, Wang Sheng had a complicated expression.

He didn't even think about ousting Vice President Qian, but the board of directors directly arranged it.

What is even more surprising is that the person who first proposed and agreed to this matter was a supporter of Vice President Qian.

Just before, those who had strongly supported Vice President Qian.

But now, they all turned against him and actively proposed to kick Qian Fenglin out.

The reason is that when Wang Yi entered the game, Wang Sheng gained support and Qian Fenglin lost power, so he simply kicked Qian Fenglin out and used it as a vote of approval to please Wang Sheng!

It can only be said that the workplace is so cruel.

The so-called shareholders and allies are just here for money and leave for profit.

When there are common interests, everyone is an ally. If the common interests are lost, they will immediately sacrifice each other to fulfill themselves.

In this regard, Wang Sheng did not express his position and just watched their performance quietly.

In the end, Wang Yi’s investment was successfully approved.

Vice President Qian Fenglin was also kicked out.

After hearing the news, Qian Fenglin was still thinking about how to turn the situation around, and he felt numb.

Not only was the situation unable to be reversed, but he even lost his seat on the board of directors and the vice president could no longer sit still!

Although I still have some shares in my hand, what is the use of those shares without the position of vice president?

Once Wang Yi invests, his shares will continue to be diluted.

If that's the case, isn't it all over?

On the other hand, the situation is very good.

Wang Sheng came to Wang Yi with a smile: "Dr. Wang, everything has been negotiated. Except for a few small shareholders, all other shareholders on the board of directors warmly welcome you to join! As for the shares, the current market price is 1.1 yuan, and we are prepared to offer a preferential price of 1.05 yuan.

, I can give you as much private placement as you want!"

BOE is currently very short of money, so it naturally has to increase capital through private placement.

Wang Yi said calmly: "1.05 doesn't go well, so let's give it 1 yuan and I'll put in 30!"

"3 billion?" Wang Sheng's eyes lit up.

Although the price of one yuan is a little lower, the scale of 3 billion is a good rain for BOE today!

"right!"

"Okay, Director Wang, this is not a problem. I will do the ideological work on the board of directors' side!"

With that said, Wang Sheng left quickly, and a room full of directors was waiting for him.

Without any surprise, the price was unanimously approved.

First, 3 billion is enough.

Secondly, Wang Yi brings not only funds, but also billions of orders a year, which money can't buy!

The next day, the board of directors met again, but this time, Wang Yi also joined.

In the end, BOE issued 3 billion additional BOE shares to Xingyi Technology at a price of 1 yuan per share, with a total price of 3 billion, accounting for 12.5% ​​of the shares, and became BOE's largest shareholder.

With this capital, BOE can develop even better.

Subsequently, the two parties signed a new order, and Wujie Mobile will purchase 10 million 4.3-inch LCD mobile phone screens from BOE.

But the purchase price is low again, only 85!

First, it is 4.3 inches, which is a bit cheaper.

If it is 4.7 inches, it will cost 90 yuan anyway.

Secondly, now that Wang Yi has become BOE’s largest shareholder, his family’s orders will naturally be much more favorable.

Wang Shengsuan understood that for a 10 million order, all costs including material costs + taxes could be reduced from the previous 95 to 82!

Selling Wang Yi 85, you only earn 3 yuan per piece, but 10 million pieces is a profit of 30 million yuan!

More importantly, this screen will also be sold to other customers. It originally cost 120+, but now that the cost is low, the price can be reduced to 120, or even 115, and still make a lot of money.

The Wujie mobile phone is mainly priced at a thousand yuan, and the 4.3-inch screen is enough.

The mainstream screen next year will be 4.3 inches, and only Plus will have 4.7 or even 5.0.

The first generation of Unbounded mobile phones starts at 4.3 inches, and a plus version will be released in the future.

These 10 million orders will be delivered in two batches in early November and early December.

Unbounded mobile phone will be released on New Year’s Day, and Wang Yi is preparing to have 5 million units in stock.
To be continued...
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