"Yes! Come, pay homage to the father of our future star. I hope Liu Xiaochun can win glory for the country in the future!"

What is Liu Xiaochun doing at this time?

Sitting in the classroom of the youth training base in Anguo, capital of Beijing, and taking classes!

Yes, it's just class.

The Chinese League One requires all teams to strengthen cultural quality education for youth training players.

A person's IQ has innate factors, but nurture is also very important.

Education is the main way of training.

Every night, the team will organize youth training players to study. If the youth training players really can't play football, they can still be admitted to a sports college or something.

At that time, I will also be able to engage in sports-related jobs.

Even if you are not engaged in sports-related work, having a diploma and working in other jobs can still make people look at you highly.

Of course, Chen Huaiqing and the others did not care about the thoughts of a child sitting in the classroom at this time.

We all have children, so we naturally attach great importance to the education of our children.

The next day, Chen Huaiqing went to Jingfang Company again.

At this time, the global LCD panel industry is in a price trough, and a very important reason for this price trough is caused by South Korea.

In the early 1990s, Neon was the dominant player in the panel industry.

Occupying 94% of the global market share, it can be said that it has unlimited glory.

In 1986, Jingfang Company began to research and develop LCD panels. With Miduo's investment in the company, Jingfang Company, which had sufficient financial support, began its own crazy road.

They spent crazy money on the research and development of LCD panels and started to expand production capacity like crazy.

In the global market, South Korea also took a fancy to the LCD panel industry in the 1990s and spent crazy money on the panel industry. Represented by Triangle Star Company, it accelerated the expansion of panel production capacity.

Under such circumstances, by the mid-1990s, the global LCD panel production capacity had begun to exceed production capacity.

When there is excess production capacity, it is natural to obtain orders at a low price.

Among them, South Korean panel companies are the most craziest in lowering prices.

You know, in the past, Jingfang Company also used a low-price strategy to seize the market, but would not lower the price too low.

Jingfang Company regards Neon's panel companies as rivals and has no plans to directly seize the market at once. This is somewhat unrealistic.

After all, Neon is still the most powerful in the world in the panel industry.

If you can't kill it with a stick, then slowly eat it up.

In fact, Jingfang Company's strategy is very successful.

In terms of global market share, Jingfang Company is improving every year.

As for the Neon-Mi trade war in the background of the times, it also has a relatively large impact on Neon's panel companies.

South Korea's panel companies are obviously very ambitious.

This point also has a great relationship with the overall development of South Korea.

After the miracle of economic development along the Han River, South Korea's entire spirit has reached a peak state.

Dare to take on all challenges!

Therefore, South Korea's panel companies want to kill Neon's panel industry directly through price wars.

The Asian economic crisis began in 1997 and quickly swept across Asia. Naturally, South Korea was also affected.

The Korean won depreciates and sells gold to save the country.

But they still didn't give up, and used bleeding subsidies to keep the panel price at the lowest level.

If you don’t make money yourself, then Neon’s company shouldn’t even try to make money.

Back then, when Neon companies competed in the global market, they also adopted a low-price competition strategy, which was always unfavorable.

If you defeat European and American companies, they will be completely defeated.

This is why neon industrial products have become popular around the world, ranging from textiles, steel, color TVs, automobiles, and semiconductors.

In these industries, from the 1960s to the 1990s, trade disputes between countries continued to break out over a period of thirty years.

All ended up with neon "Voluntary Export Restrictions".

Continuously limiting itself, Neon eventually restricted itself to death.

Neon has transferred a large number of industries abroad.

Neon's land area cannot support so many industries. The development of industrial industries requires a large amount of land.

South Korean panel companies have seized a large amount of the market. At this time, there is no need to continue the price war.

It can't be beaten either.

The price of panels has also begun to gradually move upward from the price trough.

However, when it reaches a certain level, the price can no longer go up.

Jingfang Company naturally gained a lot of benefits from this price war.

Jingfang Company has obtained a large number of panel patented technologies from Neon Enterprises.

In the past ten years or so, the money Jingfang Company has invested in research and development has naturally not been wasted.

A lot of patented technologies have been developed, and Jingfang Company applies for nearly 10,000 patented technologies every year.

Of course, there are naturally some patent walls built among them.

It is normal for Jingfang Company to exchange some patents with Neon panel companies.

Competition between enterprises will always exist.

However, this does not prevent companies from exchanging technology patents.

"Compared with the lowest point, panel prices now have increased by 30%. For South Korean panel companies, this price can give them a slight profit margin, but it will not be too high. We calculated

, about five percent.”

The main reason why panel prices cannot rise is that Jingfang Company has taken action.

The reason why Jingfang Company does not launch a fierce price war is because it feels that it has not yet conquered global power.

But now, after Neon's panel company was bitten by South Korea's madness, its vitality was directly damaged.

The impact of the Asian economic crisis on neon is also considerable.

In other words, South Korean panel companies have great potential to reach the top.

Naturally, Jingfang Company will not allow this.

Chen Huaiqing: "How much profit can we maintain now?"

"At the current price, our profit is barely maintained at about 10 percent."

Jingfang Company’s costs are also high!

Mainly in research and development, Jingfang Company has invested even more heavily.

As for the expansion of production capacity, Jingfang Company is not talking about expansion of production capacity.

New factories are being built every year, but they are not built in a hurry.

"In South Korea, there used to be several panel companies, but now only Samsung Samsung continues to persist. All the others have withdrawn."

It’s impossible not to quit!

The economic crisis has already damaged our vitality, and no one can bear the continued bleeding.

At this time, only a strong man can cut off his wrist and save his life.

If your life is gone, then everything is really over!

There are quite a few bankrupt chaebols in South Korea.
Chapter completed!