Siheyuan: Starting from a fitter

Chapter 233 Appearance in "Economic Express" (continued)
Luo Hongbo: The oil crisis is a sanction imposed by oil-producing countries for political and economic reasons.Oil-producing countries have restricted crude oil exports, leading to a worldwide oil supply shortage and significantly pushing up oil prices.

Luo Hongbo: This directly affected the economic operation at that time, especially had a huge negative impact on developed countries, that is, countries with high energy dependence.This is an important event in economic history, perhaps a turning point.

After speaking, he glanced at Li Guocheng proudly, wanting to see how you would defend yourself.Glancing at Professor Luo, he smiled.

Li Guocheng: I also agree with this.Today, oil is an important cornerstone of the world's economic operation. If there is a problem with oil supply, it means that the global economy will be greatly affected.

Li Guocheng: A large number of manufacturers were forced to suspend production, material supplies were disrupted, and a large number of workers were unemployed. Workers' wages were unable to maintain a steady growth in line with commodity prices, resulting in a decline in people's living standards.

Professor Luo was a little surprised again, why don't you do it? I was prepared, but you did this to me.

Luo Hongbo: I would like to add that I think this oil crisis has also led to some innovations in the field of science and technology.As today's production environment is threatened, policymakers and entrepreneurs should consider alternative energy sources such as solar and wind.

Li Guocheng: This is exactly the case. In the face of emergencies, only timely adjustment of direction can effectively solve the problem.We can also see that the lessons learned then still apply today.

Li Guocheng: For example, governments and enterprises should do their best to reduce over-reliance on specific industries and resources, and develop a more environmentally friendly and sustainable economic model, thereby promoting the healthy development of the world economy.

Jenny: I didn’t expect that the two of you had such consistent understandings of the oil crisis.May I ask Professor Luo, how do you evaluate Longhua Technology?

Oops, I finally came to Longhua Technology. Sure enough, money can make a difference.

In Professor Luo's heart, he didn't want to talk about Longhua Technology, so he directly changed the topic.

Luo Hongbo: Technological innovation is necessary for Xiangjiang, but from the perspective of the world environment, global OEMs will make Xiangjiang a world factory and attract foreign capital inflows.

Li Guocheng: Professor Luo, I disagree with your point of view.We cannot blindly rely on foundry, only technological innovation is the long-term solution.We need to promote technological innovation and break through technologically in order to gain more competitive advantages in the international market.

Luo Hongbo: But Mr. Cheng, we cannot underestimate the role of the OEM industry in Hong Kong’s economy.OEM makes our industrial chain more complete, increases employment opportunities, and makes a huge contribution to Hong Kong's economy.

Li Guocheng: In the textile, shoemaking, plastics, hardware, electronics, and machinery industries, in the early 60s, the total export volume of Bangzi, Wanwan, and Maiguo was less than a fraction of that of Xiangjiang. But now, Bangzi and Wanwan have caught up. , Exceeding is also a matter of time.

Luo Hongbo: You are a bit alarmist. I think this is only temporary.

Li Guocheng: The reason why the industry as a whole has not experienced a major decline is inseparable from the vigorous development of the current electronics industry.According to incomplete statistics, the number of electronic processing plants has increased from 230 to more than 1000, and exports have increased from HK$10 billion to more than HK$100 billion, making it the second largest manufacturing industry in Hong Kong after the garment industry.

Jenny: You all sound very reasonable.But we have now entered a whole new era.Whether it is technological innovation or the development of OEM, we need to pay more attention to sustainability and environmental protection.

Jenny: And this is where technological innovation is more important than OEM.Therefore, we should break away from traditional thinking, innovate and develop, and make better plans for our future.

Li Guocheng: Jenny is right, sustainability and environmental protection issues are indeed the focus we need to consider.But I believe that technological innovation and OEM are not either-or choices, but should be combined to form complementary advantages.

Li Guocheng: Through technological innovation, we can improve the quality and efficiency of OEM, while reducing environmental pollution.Only in this way can we better maintain the balance between economic development and environmental protection.

Luo Hongbo: What Mr. Cheng said makes sense, but the market environment we are currently in is also very complex.We need a more comprehensive and in-depth understanding of the changes and development trends in the international market.Only in this way can we make more rational business decisions and make our industrial chain stronger.

Jenny: As a layman, I don’t understand so many professional terms, but I understand that the world is changing faster and faster now, and we need to continue to learn and adapt in order to better face future challenges.

Jenny: Mr. Cheng, as a leading company in the electronics industry, everyone has always considered you to be a representative of innovation and fashion. I wonder if you will launch any new products next?
Li Guocheng: Yes, our company has always been committed to technological innovation. After a long period of research, our Longhua Technology has completed the design and verification of the 4-inch wafer production line and passed the patent acceptance.

This was the purpose of Li Guocheng's visit today. He had been anxious for a long time, and the host finally turned to the topic.

Jenny: Congratulations to Director Cheng and Longhua Technology. I hope you can continue to carry out innovative research for the development of Xiangjiang in the future.

Li Guocheng: Definitely.

Jenny: Okay, thank you two guests for their wonderful explanations, and welcome to see you next time.Goodbye, audience friends.

Luo Hongbo: Goodbye.

Li Guocheng: Goodbye.

At the end of the interview, the three of them exchanged a few words and left.The director informed that the show will premiere at 12 noon next Monday.

Li Guocheng had no choice. Although there was not enough time for Longhua Technology to appear, he had no choice. Otherwise, the advertising of Longhua Technology might not be as effective as it is now.

He had no choice. In order to win this war, he had to go to the front desk.Next he participated in exclusive interviews with several newspapers.

With continuous reports in newspapers and TV, the 4-inch wafer production line has become a hot topic in Hong Kong.

Although no money was spent, "Financial News" had to follow this hot topic.

"Hello everyone, I am a reporter from Xiangjiang Financial News. Today, we came to Longhua Technology Company, which has just successfully developed a wafer production line with a diameter of 4 inches, which will greatly improve production capacity and industrial production efficiency.

Now let’s hear what industry experts have to say. "

Industry expert 1: "The successful research and development of this 4-inch wafer production line marks a new level of Xiangjiang's semiconductor industry. It enables Xiangjiang enterprises to maintain a leading position in the international wafer market, and at the same time plays a positive role in the technological upgrading of local enterprises. promotion."

Industry expert 2: "Indeed, this wafer production line has extremely high technical content and market value. It will play a huge role in the economic and technological development of Hong Kong, stimulate the development of related industries, create more employment opportunities, and promote economically more sustainable development.”

Reporter: "I am very grateful to the two industry experts for sharing. We believe that after the successful development of this 4-inch wafer production line, Xiangjiang's technological innovation and industrial development will also achieve considerable development."

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(End of this chapter)