paranoianovel Chapter 256 Technical Issues of Photovoltaic Panels
Chapter 256 Technical Issues of Photovoltaic Panels
When the news spread, the whole of Africa was in an uproar, because in their eyes, this was something to be proud of for the entire nation.
Previously, other companies received formal funding from Wall Street and then developed; now they can too.
Most importantly, the funds obtained will definitely subsidize these local users, which is the reason to be happy.
"AfriLink is going public, with a valuation of $120 billion."
Is Said about to become the richest man in Africa?
"No, the ultimate major shareholder is Transsion. They've been setting things up here for so long, and now it's finally time to reap the rewards."
"Your version is too outdated. The current major shareholder is Naspers, Van Dijk. They are the real controlling shareholders."
…………
Adebayor was in his office having a video conference with Shen Fei when he saw these comments.
"Boss, Van Dijk is trying to downplay his presence. Should we start retaliating too?"
"No rush, let's talk about it after we've finished harvesting the chives."
During the listing phase, we still need our influence; a simple clarification will suffice.
Adebayor nodded, then briefly reported on other tasks; there wasn't much else to do for the time being.
"Keep an eye on the IPO. Contact me anytime if there are any problems."
"clear."
On the eve of the IPO, Adebayo couldn't sleep in his hotel room.
Although the launch of AfriLink has nothing to do with him, he is still a little excited, after all, this is his first time experiencing this for the first time.
He turned on his computer and glanced at AfriLink. It wasn't listed yet, and he didn't have any shares. But then he noticed something else.
Transaction records.
Someone is secretly negotiating the acquisition.
It's not a new stock, it's an existing stock. Someone is buying up AfriLink's existing shares at a price 5% higher than the offering price.
He picked up the phone and called the company's risk control director.
"Find out who's collecting them."
Half an hour later, the call came back.
"President Adebayor, we've found it. It's Standard Bank of South Africa."
Adebayo thought about it seriously for a moment: "Could it be related to Naspers?"
"Yes, but it probably doesn't matter much."
This was likely Standard Bank of South Africa's own decision; they acquired approximately 2% of the shares over the past week through three offshore funds, for a total amount exceeding US$200 million.
Standard Bank of South Africa has one of its major shareholders, namely the Industrial and Commercial Bank of China (ICBC).
Having a banking background is not a bad thing for them.
Most importantly, Chuanyin has already stepped down from the poker table. How things develop is no longer their concern.
Now, his most important thing is to indulge his passion for ringing the bell.
…………
On May 5th, Zhang Mingyuan, the person in charge of the Yangcheng Photovoltaic Factory, had been suffering from insomnia for several days.
It's not that I don't want to sleep, it's that I can't fall asleep.
The yield rate of photovoltaic panels in mass production is stuck at 85% and can't be increased.
"Mr. Zhao, this batch of data is in." An engineer handed over a report. "Should we get some nitroglycerin first?"
"No need, I'm already mentally prepared."
Zhao Mingyuan took it and glanced at it, but his vision went black again.
He really needs a quick-acting heart medicine right now.
The yield rate over two days was 85.1%, a decrease of 0.4% compared to last week.
"What happened?"
Zhao Mingyuan was really anxious about the yield rates of other sister companies. They could climb up the ladder in no time, but their side was stuck here and couldn't move forward.
While an 85% yield rate is certainly sufficient for mass production, it would increase the defect rate by 15%, significantly raising costs.
The engineer stammered for a long time before finally saying:
"It's still a problem with the packaging equipment."
The laminator's temperature is uneven, causing air bubbles at the edges. We've adjusted the parameters countless times, but it still doesn't work.
This laminator was imported from Germany and cost 1200 million yuan at the time. The manufacturer said it was the best laminator in the world, with a yield rate of 95%.
But it just didn't work on Transsion's production line. It wasn't a problem with the equipment, it was a problem with the process.
Transsion's photovoltaic panels use new materials, and their requirements for temperature, pressure, and vacuum are completely different from those of traditional photovoltaic panels.
The equipment imported from Germany was designed according to traditional processes and was not suitable for new materials used in sound transmission.
"Mr. Zhao, how about... we replace the equipment?"
"What equipment should we replace? This company makes the best laminators in the world. Other companies' machines will be worse."
The engineer fell silent.
After all, even the world's best manufacturers don't have technology suitable for our processes. If we were to use a second-rate company...
While it's possible to achieve the perfect result by chance, they don't have the time to gamble.
Zhao Mingyuan picked up his phone, intending to call Shen Fei, since his boss had plenty of "technical" skills.
When photovoltaic panels were first mass-produced, he promised Shenfei that he would achieve a yield rate of over 90% within three months. Now, so much time has passed, and he is still hovering around 85%.
He picked up his phone and made the call anyway.
"Boss, the yield rate of solar panels is stuck at 85%. The laminator is faulty; the temperature is uneven."
There was no questioning on the other end of the phone; the only brief inquiry was, "Is it a problem with the equipment?"
"That's right, the laminators imported from Germany are not suitable for our new materials."
"Understood. I'll have someone send a new piece of equipment over."
"what?"
Zhao Mingyuan exclaimed in surprise. He knew his boss had a way, but he hadn't expected it to be so simple and straightforward...
"Boss, where did this new equipment come from?"
"Never mind that, I'll be there this afternoon."
…………
That afternoon, a brand-new laminator was delivered to the Yangcheng factory.
It has no brand, no nameplate, and no markings whatsoever—a complete product with no manufacturer, no production date, and no quality certification.
Zhao Mingyuan circled the device several times, but couldn't figure out which company manufactured it.
"Whose company is this?"
The deliveryman shook his head: "I don't know. The boss sent it."
Zhao Mingyuan's doubts completely disappeared; this time, the tape-out must be completed to over 90%.
So he immediately had the equipment installed on the production line.
Start-up, debugging, and trial production.
As the first batch of photovoltaic panels rolled off the production line, Zhao Mingyuan personally monitored the test data.
The final result was a big surprise for all of them.
92%
They rubbed their eyes, and everyone thought they were seeing things.
After all, it's just a piece of equipment...
The yield rate for the second batch reached 93%, and for the third batch it reached 95%.
Zhao Mingyuan stood in front of the testing platform and sighed instantly. It wasn't that the yield rate was bad, but why didn't he tell President Shen sooner?
If it had been earlier, the entire Northwest region would probably be covered with Transsion's solar panels by now.
After the technology launch event a while ago, they sent someone to communicate with them. Although they didn't make a clear statement, the appreciation in their words was quite obvious.
"Mr. Zhao, this equipment... is amazing."
The engineer, holding a photovoltaic panel, shouted excitedly.
Zhao Mingyuan didn't say anything. He picked up his phone and called Shen Fei.
"Boss, the yield rate has exceeded 90%, it's currently around 94%."
"it is good."
Shen Fei's words were calm, as if he had expected it all along.
"Boss, which company makes this machine? Can I buy a few more?"