Dr. Zhu Yajun is willing to use ITTI's company invention patent for medium and large-capacity digital program-controlled switches to join forces with the Posts and Telecommunications Industry Corporation to establish a Sino-US joint venture high-tech communications company to develop and produce medium- and large-capacity digital program-controlled switches.
The Posts and Telecommunications Industry Corporation also has this plan, and sent deputy general manager Huang Kaixiong to negotiate with Dr. Zhu Yajun. The Corporation plans to use the Telecommunications Science and Technology Research Institute and the Academy's Tenth Research Institute based on the company's invention patent DS-30 of 10,000-door digital program-controlled switches. Established a Sino-US joint venture communications company with ITTI. Taking advantage of ITTI's technical advantages in medium and large-capacity digital program-controlled switches, the joint venture company successfully developed the 100,000-gate level digital program-controlled switch project SP-30 at an early date. However, the two parties had problems with investment scale, controlling rights and There were major differences in management arrangements and negotiations reached a deadlock.
Zhu Yajun immediately felt a sense of urgency after seeing the advertisements of SG-8802 and SG-8803 on the hotel TV with large discounts broadcast on CCTV. The Sino-US joint venture company started from application, approval of establishment, purchase of land, introduction of production lines, construction The factory building and training of employees will not be completed until the end of the year at the earliest. If the negotiations continue, the products will not be offline in the first half of next year. Even if the DS-30 product is offline, how will it compete with SG-8802 and SG-8803 in the domestic medium and large capacity figures? Competition in the program-controlled switch market?
"Dr. Zhu, I heard that Shanghai Shuguang Communication Technology Co., Ltd. has invested 100 million yuan in R&D funds and is developing the SG-1001, a large-capacity digital program-controlled switch project with 100,000 gates. Once SG-1001 is successfully developed, your company's Zhongda The capacity digital program-controlled switch technology patent has no technical advantage in the domestic market. Everyone gives in. We invested 10 million US dollars, the company's patented technology of DS-30 invention and 300 acres of land as shares, accounting for 55% of the joint venture's shares. Your company invested US$20 million and ITTI Large Capacity Digital Program-Controlled Switch Company's invention patent technology, accounting for 45% of the shares, to establish Chang'an Datang Telecommunications Company, and the company hired Dr. Zhu as its general manager, how about it?"
Huang Kaixiong is not in a hurry. The Posts and Telecommunications Industry Corporation is taking the lead. The University of Information Engineering, Wujiang New HJD04 Team and eight domestic communication manufacturers participating in the development of HJD04 hardware plan to establish Beijing Julong Information Company, a professional company. Produced HJD04.
"Mr. Huang, I agree!"
The technical development of medium and large-capacity digital program-controlled switches at home and abroad is changing with each passing day, and Zhu Yajun knows that he cannot afford to wait.
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Jiangcheng.
"Director He, I would like to ask the school leaders to add thirty more software developers to ensure that the EIM-601 software system is successfully developed on time and will not delay the entire project."
With the successful development of medium and large-capacity digital program-controlled switches SG-8802, DS-30 and HJD04 with independent intellectual property rights in China, the domestic communications industry's fear of the development of medium- and large-capacity digital program-controlled switches has been broken.
At the beginning of the year, in view of the huge domestic market demand for medium and large-capacity digital program-controlled switches, Director He of the Communications Industry Department of the Ministry of Electronics Industry initiated and took charge of organizing communications electronics and software R&D personnel from the 54th Research Institute of the Ministry of Electronics and Huazhong University. Jointly develop the 60,000-gate-level digital program-controlled switch project EIM-601, with a planned research and development cycle of two years.
The 54th Institute is responsible for the hardware system of EIM-601, and Huazhong University is responsible for the software system of EIM-601.
The Department of Communications Industry allocated RMB 7 million in software system development funding to Huazhong University.
Huazhong University sent Huang Zaigong, professor and director of the Department of Electronics and Information Engineering, to be responsible for the development of the EIM-601 software system. The digital program-controlled switch software system development project attracted the active participation of young and middle-aged teachers from the entire department. The development team of more than 30 people was divided into eight sub-systems. system, the school used software system development funds to equip each student with a Great Wall 386 computer.
The news of the successful development of the 60,000-level SG-8803 and the significant price reduction of SG-8802 and SG-8803 caused a huge response in the industry. Director He came to Huazhong University to inspect the development of the EIM-601 software system? I saw more than 20 young people crowded into a large classroom, talking and laughing, while others were teaching students. There was a huge difference from the professional R&D team of hundreds of people at Sugon Communication Technology Research Institute, and Kunpeng Software Research The institute is responsible for developing software systems. With the successful development of SG-8803, some people regret initiating the development of this complex project, and their worries are palpable.
Huang Zaigong's team started almost from scratch. After accepting the task of developing the software system of EIM-601, they sent young teachers to Jiangcheng Bookstore to buy all the books on digital program-controlled switches, and then divided the work to read and explain to understand the functions of digital program-controlled switches. Working principles, software and hardware functions, structural types and current main models, etc., and then discuss and design software development plans...
Director Huang is lying about not being in a hurry. Teachers in the department who can program have been mobilized to join the EIM-601 software system development team, and they are also responsible for teaching computer software and hardware throughout the school.
To add thirty software R&D personnel, in addition to hiring programmers from outside, we can only recruit one graduate class in programming.
Director He understood that time waits for no one, so he directly approached Principal Li and Jin ShuJ, hoping that the school would strongly support the development of the EIM-601 software system.
Siluke
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On May 16, the meeting adopted the "Opinions on Accelerating Reform, Expanding Opening Up, and Striving to Move the Economy to a New Level Better and Faster". The first is to transform government functions, the second is to establish and improve the social labor security system, and the third is to cultivate and Develop market systems. Regarding further opening up to the outside world, the document proposes some specific measures, including taking the development of Pudong as the leader and further opening up cities along the Yangtze River; gradually opening up cities along the border to form a surrounding opening-up pattern.
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The Shanghai Stock Exchange suddenly announced after the market closed on May 20 that starting from the 21st, the Shanghai Stock Exchange will fully liberalize stock prices and implement free market bidding transactions. The trading prices of fifteen stocks will be determined by the market, and "T+0" will be implemented. "Trading Rules.
The market opened at 1260 points, opening 644 points higher, and the market soared 105%!
The sales department burst into applause, stockholders who owned stocks cheered, and stockholders who sold stocks lined up in long lines. Under the pressure of surging profit taking, many parties collapsed. The market turned green in less than twenty minutes, and investors who sold stocks were overjoyed. Crazy, regretful for not selling.
At around 10 o'clock, the market reached its lowest point of 604 points. Buying orders poured in and the market quickly turned red and went higher. Before the market closed in the morning, it broke through the historical high of 1260 and closed at 1271 points. Investors who bought stocks at low prices were delighted. , investors who sold stocks at low prices stopped talking.
After opening in the afternoon, the market fell to 1243 points under the pressure of profit-making orders. Buying orders flooded in again, reaching a maximum of 1344 points. In the late trading, under the pressure of profit-taking orders, the market closed at 1266 points, up 650 points throughout the day. Points, soaring 105%!
More than 1.89 million shares were traded, nearly doubling the volume.
Volume surge!
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22nd.
The market opened at 1306 points, 40 points higher. Under the pressure of profit taking, the lowest dropped to 1262 points and the highest reached 1349 points. In late trading, affected by profit taking, it closed at 1339 points, up 73 points or 5.8%. , trading volume increased slightly.
Shareholders are reluctant to sell!
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Twenty-fifth day.
After the news fermented on Saturday and Sunday, stock analysts are unanimously optimistic about the late trend of the Shanghai stock market. Some predict that this bull market in the Shanghai stock market will break through 5,000 points, which is unstoppable!
Now or never!
Affected by this news, the Shanghai stock market opened 72 points higher at 1,411 points on Monday.
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Wanguo Securities Huangpu Sales Department.
"Comrade, please help sell them all!"
Sun Jian handed the completed form, securities card and ID card to the female staff member.
