When Duke was about to leave for the United States, bad news came from the project. Mayor Huang refused the new display material construction project actively promoted by Secretary Wang. The government put it aside because of immature technology. It is one thing for enterprises to do it themselves, but this project requires applying for fiscal subsidy loans. Mayor Huang said in one sentence, "The conditions are immature."

Although Zhao Heng had communicated with Mayor Huang several times in private, this thing was a brand new and unverified one. In Mayor Huang's opinion, it was a bit nonsense, with only sample prototypes, no actual products, let alone market reactions. Everything was still in the laboratory and had to invest such a huge project.[]

This is not a nonsense, no matter whether others believe it or not, he mayor Huang does not believe it. Although Zhao Heng has tactfully reported Duke's glorious deeds to Mayor Huang, Mayor Huang still looked suspicious. At this point, it should be said that Mayor Huang's first reaction was that there was nothing to be criticized.

Under normal circumstances, at least it will be possible to enter the implementation stage after the production process is verified. Things like Duke are not uncommon to do things in China, but the results that Mayor Huang saw are all miserable, and the huge investment of the country has turned into so-called tuition fees and was wasted.

Mayor Huang didn't know why his beloved general Zhao Heng actually pushed for such a project. He even doubted whether Zhao Heng had accepted the benefits of the sal company.

"Duke, Mayor Huang is not willing to let go now. Secretary Zhao no longer dares to talk about it, because Mayor Huang even began to doubt whether Secretary Zhao was having any tricks with Sal." Zhao Jianwu reported to Duke with a bitter look on his face.

Everyone has always been invincible. This time, he encountered unexpected resistance. Zhao Jianwu was a little panicked. He participated in the construction budget and investment in all stages. He knew that without government loan investment, it would be impossible for this project to be completed on schedule. After all, the funding gap is too large. Without government guarantees, the bank would definitely not be able to borrow such a huge amount of funds.

Duke frowned when he heard this. It seems that the possibility of completing this display material production base this year is very low. The display screen of the first generation of new mobile phones still needs to be traditional. The original concept of new mobile phones has a slim hope of winning in hardware.

It seems that there are still many problems with my layout, and some things are still too presumptuous.

"This matter is put aside first. The construction of the factory must be carried out on schedule. The production line equipment is temporarily waiting. Since the funding gap is large, we will concentrate on completing the factory first. The land for the first phase is not enough, and the construction of the second phase of the factory will also start to take action." Duke thought for a while and decided to continue the construction of this project, leaving the most expensive part to wait for the funds to be in place.

Unlike others who have doubts about this project, Duke doesn't have to worry about this new display in terms of technical aspects, and from the perspective of performance parameters, Duke is not worried that this thing will not be sold if it is produced. So sooner or later, this base will be built. Now, hundreds of millions of dollars have been invested to do the preliminary work, and as soon as the funds are in place, they can be quickly launched.

There is no pressure on the SAL to build a factory. Now, not only are there hundreds of millions of dollars in the account, but there is also a large amount of cash inflow every month. Whether it is the advertising revenue of the navigation instrument or the sala input method, it is now a goose that can lay golden eggs.

"Duke, I think this matter is going to be more important?" Zhao Jianwu was not as confident as Duke after hitting a wall. He originally wanted to pause the whole thing, but he didn't know that Duke not only kept stopping, but also had to put the second phase of the factory project on the factory.

"Brother Wu, I am confident about this product. You have also seen the prototype. The technical advantages are clearly in the art. The American laboratory is now fully developing the production process and progressing smoothly. The preliminary design of the production line has been basically completed. Next, they will start to conduct simulation tests. The design of the production line will be completed in a few months."

"This project is not only related to selling display screens, but also closely related to our mobile phone strategy. In terms of characteristics, this display screen is more suitable for mobile phones than any current product."

Thinking that Zhao Jianwu was not very clear about the progress of this thing, Duke explained patiently.

"Then let's do what you said. To be honest, I'm really not sure, but it doesn't matter. You have always been the one who brings miracles to us. This time I believe it is no exception." Zhao Jianwu didn't know what to do. Fortunately, Duke has always been the one who brings miracles to everyone. Since he is so confident, he will do it as much as possible. Anyway, he can throw it in and play with hundreds of millions of dollars.

In fact, if you think about it carefully, it is not that pessimistic. Even if this display cannot be produced in the end, it will not be very difficult to change the engineering to other things, such as navigation instrument production. Nowadays, Mi China Electronics has been completely saturated, and Tomtom's Belgian factory has dismantled its original products and fully produced the Sirius series.

If we can build another navigation machine factory in China and produce Tomtom's original products as mid- and low-end supporting facilities, it will be a good deal. You should know that the annual sales of Tomtom's original products are more than one billion euros.

Although high-end products are now replaced by Sirius series, they have been sold in the mid-to-low-end market for more than 1,000 yuan a year and have annual sales of 3 billion yuan. Zhao Jianwu thinks it is still relatively reliable. He is quite familiar with this work, and it is still obvious if he uses the original tomtom products to impact this market advantage.

But the gross profit margin of this is relatively low. The high-end has more than 50% gross profit margin, and it is already very good that it can reach about 30% in the middle and low-end.

After dealing with Zhao Jianwu's tricky matter, Duke received an invitation from Vice President Liu of the University of Science and Technology. Although Duke and University of Science and Technology have a joint research topic, it is just a convenience for some excuses to deliver the things developed by Duke, isn't the lunar rover project coming to an end?

According to the feedback, various tests of the lunar rover were very successful, and now they have entered the final step of production. There will usually be no major improvements at this stage, so Duke feels that there should be nothing to do with the work there. So what does Vice President Liu mean by inviting him?

And I have no personal relationship with Vice Principal Liu, so I don’t think this invitation will be a reminiscence.
Chapter completed!