Sun Jian continues to be short on Nikkei stock index futures, and Chen Huamin also agrees that although the final GDP loss has not yet been released, according to reports, it will be second only to the Great Kanto Earthquake, which will severely damage the Japanese economy. Short-selling institutions will be in the Nikkei stock index futures Go short on the market.
On January 4, I invested 200 million Hong Kong dollars, increased leverage by 10 times, and went long the September contract of Hang Seng Index futures at 7798 points. Today, the Hang Seng Index closed at 7606 points, a total drop of 192 points, or nearly 2.5%. It has not been going on for half a month. Arrive, the book loss is as high as more than 54 million Hong Kong dollars!
Li Dong purchased more than HK$100 million in stocks and suffered a loss of nearly HK$3 million.
The investment capital responsible for HTIC is only HK$500 million.
If it falls below 7500 points, invest another 200 million Hong Kong dollars to continue going long and increase leverage by 10 times!
Spread the cost!
If it falls below 7,000 points, invest another HK$500 million to continue going long and increase leverage by 10 times!
The lower the price, the heavier the position!
If you want to play, it’s a big deal!
It's not impulsive and blind investment, but the reborn person knows that below 8,000 points is the low point, and there will be a double increase later.
HTIC still has more than 4.3 billion Hong Kong dollars in its account, and can easily earn US$100 million. This is Sun Jian's greatest confidence!
Mobilizing 10 million yuan of domestic funds to invest overseas requires approval from the Ministry of Foreign Trade and Economic Cooperation.
The stock index futures market is not something that ordinary institutions can afford!
According to the memory of the previous life, the bottom of the Hang Seng Index was when it fell below 8,000 points. It was probably because TCG was born and its listing absorbed more than 27.7 billion Hong Kong dollars, creating a butterfly effect. I don’t know where the Hang Seng Index will fall? But the long-term trend is upward, and it is only a matter of time before it breaks through 10,000 points. Before and after the return of 1997, it will rise to 16,000 points. No one would have expected it!
The reborn person holds five holdings in listed companies, especially TCG, and more than 18 billion Hong Kong dollars are lying in a special account at HSBC. Although it belongs to the assets of all shareholders, as the controlling shareholder, company legal person and chairman, as long as Conducive to the company's development needs, Sun Jian has the right to mobilize 1 billion Hong Kong dollars in capital investment.
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"Mr. Li, on behalf of Sugon Communications (Pengcheng) Group, you are negotiating with Chairman Liu and Mr. Wang. The personnel, equipment and factories will be taken over by Sugon Communications (Pengcheng) Group to establish Pengcheng Sugon LCD Panel Research Institute and Pengcheng Shuguang LCD Equipment Co., Ltd., I will come over to sign at that time."
The chairman of Pengcheng Tianma Company is Liu Jinghong, the general manager is Wang Bing, TCG is the second largest shareholder, and everyone is acquaintances.
"Okay, Mr. Sun!"
Li Huizhong, general manager of Shuguang Communications (Pengcheng) Group and director of Pengcheng Tianma Company, called to report.
The board of directors of Pengcheng Tianma Company passed a resolution to cancel its wholly-owned subsidiary Pengcheng Tianma LCD Research and Development Center and its holding company Pengcheng Tianma Liquid Crystal Equipment Co., Ltd., resulting in an investment loss of 1.1 million yuan.
In 1992, as an important customer of Pengtianma Company, Shanghai Shuguang Communication Technology Company was invited to invest 19.35 million yuan to participate in the joint-stock reform of Pengcheng Tianma Company, holding 19.35 million shares (social legal person shares), accounting for 30% of the total share capital, ensuring The supply of mobile phone screens and pager screens is mutually beneficial and win-win.
In the future, as the domestic mobile phone market explodes and mobile phone replacements accelerate, Sun Jian predicts that the mobile phone screens produced by Pengcheng Tianma Company, which has only a total asset of more than 300 million yuan and a net asset of only more than 120 million yuan, cannot meet the demand for the replacement of Shuguang brand mobile phones. , coupled with the fact that Guozhi servers and monitors, which account for 50% of the domestic low-end server market, all need to be equipped with LCD monitors. After TCG was listed, there were still more than 18 billion Hong Kong dollars lying in the special account of HSBC Bank, and the reborn person has begun to enter TFT. -The idea of LCD.
People in the arena involuntarily!
I read books and looked up information on the Internet, and learned about the composition and working principle of TFT-LCD.
LCD is a display that uses liquid crystal as material. Under the action of an electric field, the arrangement of liquid crystal molecules changes, which affects the intensity of the incident light beam passing through the liquid crystal. This change in light intensity is further reflected by the polarizer. The effect is manifested as changes in light and shade.
Liquid crystal display according to physical structure
The structures are divided into TN-LCD (twisted nematic), STN-LCD (super twisted nematic), DSTN (double super twisted nematic) and TFT-LCD (thin film transistor type).
(thin film transistor) and LCD (liquid crystal display) are two basic technologies, that is, liquid crystal displays controlled by thin film transistors, which mainly include fluorescent tubes, light guide plates, polarizing plates, filter plates, glass substrates, alignment films, liquid crystal materials and thin molds Transistors etc…
Like the semiconductor industry, the domestic LCD panel industry also started from scratch. Although it is not too late to invest in the research of liquid crystal materials in China, the Department of Chemistry of Huaqing University, Beihua University and other scientific research institutes began to try it in 1969. The original electronics Industrial pioneers such as Factory 774 of the Ministry of Industry (Jingcheng Electronic Tube Factory, the predecessor of BOE), Factory 770 (Tanzhou Shuguang Electronic Tube Factory), Factory 713 of the Chinese Academy of Sciences (Munye, Henan Province) and Shanghai Electronic Tube Factory were established in the late 1970s and 1980s. It has just entered the industry, but due to constraints such as imperfect equipment, insufficient funds, and talent shortages, it has achieved little results, and the industrialization of domestic LCD panels is even more remote.
It was not until 1984 that there was a turnaround. Pengcheng Tianma Company, jointly invested and established by AVIC Technology Import and Export Pengcheng Company and Pengcheng Investment Management Company, purchased the first 4-inch TN-LCD production line from NEC. At the same time, 770 Factory passed the Xiangjiang After Japan introduced major equipment, it built a 7-inch TN-LCD production line. Although it is a small-scale workshop-style experimental line and does not have the capability of mass production, it has given the domestic LCD panel industry a glimpse of the dawn.
In 1987, Hebei Province and Huaqing University cooperated to establish Yongsheng Huaqing Company, which successfully industrialized the research results of liquid crystal materials from the Department of Chemistry of Huaqing University. The domestic LCD panel industry also ushered in its first development period. TN-LCD industrial scale has initially been formed, and a 4-inch TN-LCD production line has been built.
In 1990, Pengcheng Tianma Company introduced a 7-inch TN-LCD production line, and another production line in 1993, thus establishing its position in the industry.
The LCD industry in Baodao started three years earlier than South Korea. In 1976, Jingye Electronics introduced technology, materials and equipment from the American Hughes Company and began producing TN-LCDs for electronic watches.
In the early 1980s, Sharp and Epson successively set up factories in Kaohsiung and Taichung to mainly produce large-size TN-LCDs.
After 1986, the Baodao regional authorities successively issued preferential policies to encourage and support the development of the LCD industry. In 1988, Baodao Industrial Research Institute began to research TFT-LCD technology almost at the same time as South Korea's Samsung.
In 1988, Sharp launched the world's first LCD monitor.
***In August, IBM and Toshiba announced the establishment of a DTI manufacturing alliance. The two parties planned to invest more than US$100 million to build a TFT-LCD mass production line.
NEC first started construction in August 1990, then DTI in August 1991, and Sharp in the autumn of the same year, successively started construction of their first LCD production lines using substrates (first generation). With the participation of many large Japanese companies, Japan has established a complete LCD panel industry chain system from raw material supply, equipment assembly, to production and manufacturing, and process specifications.
In 1992, Baodao Biyou Electronics introduced STN-LCD technology from the American company Oribao and built a factory in Xinfeng Township, Hsinchu County, becoming the first manufacturer to set foot in STN-LCD.
In 1992 and 1993, Nanya Plastics and Medium H Picture Tube introduced STN-LCD technology from British GEC Company and Toshiba respectively. Especially after Medium H Picture Tube transferred Toshiba's large-size color STN-LCD, Baodao's LCD The product has entered the field of computer applications.
