The Industrial Giant Reborn

Shen Bi said: "Huodoli has already sent someone to the United States to visit Gao Yuansheng, the boss behind Yonggao. After he knew what we meant, he didn't agree or refuse. He just said that he should seriously consider it."

"If there is no rejection, it is already good news." Chen Zhiwen said with a smile.

Shen Bi nodded and said: "Yes, I also checked the background of this Gao Yuansheng. His ancestors did business in the United States. Their family is considered one of the most successful families among American Chinese. More than ten years ago, he bought the property in Central Hong Kong. A piece of land, in cooperation with Hilton, built the Hong Kong Hilton Hotel. Unfortunately, it was a bit unlucky. In 1963, Hong Kong was short of water, and the Hong Kong government restricted commercial water use. The Hilton Hotel suffered a serious loss in the first year.

After a few years of normal operation, I encountered a severe flu. It is said that I lost tens of millions in two years. Since the 1970s, the business has recovered, but now the global oil crisis has caused the airline industry to soar. It is useless again, so a normal person may not reject our acquisition unless he is really optimistic about the future of Hong Kong.

I guess, he probably wants to sell it for a price, and Voutoli should contact him again recently. "

"I'm not in a hurry for this acquisition. Let's talk first and see what the other party's reserve price is." Chen Zhiwen said, as long as he can receive it, it will be very troublesome to terminate the contract with Hilton Hotel after the acquisition. It is impossible to succeed, so there is no rush at all.

Shen Bi said: "That's fine, the acquisition of hundreds of millions of dollars really needs to be cautious."

In the following time, while enjoying the food on the table, the two casually chatted about the situation in Hong Kong and the world. Although Shen Bi has rich experience, compared with the Internet era that has experienced the Internet explosion in later generations, some aspects are still inferior. Some, after a while, the two chatted more and more happily.

After the dinner, Chen Zhiwen sent Shen Bi to his car with a smile all the way. After watching the car leave, he took a deep breath and said, "This old fox, he almost fainted because of him."

In the subsequent conversation just now, it seemed that the two were chatting, but at the end, Chen Zhiwen found that Shen Bi was basically setting his views on many things. In knowledge, Chen Zhiwen can be said to be better, but in terms of conversation experience, it is far behind.

Fortunately, it was just chatting, not business negotiations, otherwise, this situation would definitely be suppressed to death. To be able to get into the top class in the future at HSBC, this eloquence is really beyond the reach of ordinary people.

Early the next morning, Chen Zhiwen came to the headquarters of Galaxy Holdings, and Lei Shengli, the general manager of Universal Electronics, was also notified to come here.

"Lei Sheng, please sit down." Assistant An Qi brought Lei Shengli to the reception room, and Chen Zhiwen rushed over with a smile.

"Chen Sheng is being polite." Lei Shengli was originally sitting, but when he saw Chen Zhiwen, he stood up again.

"Sit down." Chen Zhiwen smiled and asked, "Has Mr. Hu gone to Singapore?"

"Yes, already gone." Lei Shengli nodded and said.

"Alright, it's time for him to enjoy his old age." Chen Zhiwen said.

The boss of Universal Electronics is Hu Xiaoqing. He started his business in Hong Kong in the 1940s and sold radios in Hong Kong. Later, he established a company in the 1950s, imported transistors from RB, and made the first radio in Hong Kong. It is also the first in Hong Kong. Electronic company.

Later, the company slowly expanded and had its own brand "blue bell", with a monthly production capacity of more than 500,000 radios.

It's a pity that the market value of this first electronics company in Hong Kong is less than ten million Hong Kong dollars, which is not as good as a small real estate project in the past few years.

Chen Zhiwen went on to say: "Lei Sheng, I probably know the current situation of Universal Electronics. The radio market is no longer viable in Europe and the United States. Although Southeast Asia has new potential, the growth rate is obviously not as fast as it is now. South Korea and Wanwan are also vigorously developing the electronics industry, and it is difficult for us to compete with them in this field.”

In the 1960s, the export volume of Hong Kong’s electronics industry was more than ten times that of South Korea or Wanwan, but ten years later, the two far surpassed Hong Kong, especially for low-end products such as radios, which can be manufactured by buying transistors , It's all about fighting labor costs. The lower the labor cost, the lower the production cost, and the bigger the market will naturally be.

In Hong Kong now, although the labor wages are not very high, they are still much higher than those in Wanwan and South Korea. In the long run, when the housing prices in Hong Kong rise several times in the next ten years, the labor wages will become even higher. Gao, at this time, if the manufacturing industry cannot complete the transfer to the mid-end or high-end, the entire army will basically be wiped out.

Lei Shengli also nodded and said: "What Chen Sheng said, Hu Sheng also considered it when he was here. We also tried to develop in the direction of car radios, but after investing hundreds of thousands, it still failed."

"Car radio? Which car brand?" Chen Zhiwen asked curiously. He hadn't seen this in Global Electronics' financial information before.

"Toyota, this happened three years ago." Lei Shengli replied.

"No wonder." The financial information three years ago and the information statistics before the acquisition are not involved, but there will still be financial audits after the acquisition.

Chen Zhiwen went on to say: "The field of car radios is indeed a good market, but you just want to make a package for Toyota after investing hundreds of thousands. You are too naive to think."

"What Chen Sheng said is that it's just a financial problem, and we can't solve it." Lei Shengli said helplessly.

"Funding is not a problem. Since you have experience in this field, even though it failed, you can try again." Chen Zhiwen smiled and said, "Have you ever thought about making other products? Such as TVs?"

The export of radios was very popular in the 1950s and 1960s, mainly to Europe and the United States. However, with the improvement of productivity and economy, people naturally prefer TVs that can provide visual enjoyment. Those who do not transform into radios are dead.

Lei Shengli said: "We have also mentioned it before, and we have also visited Europe and the United States. TVs are not like radios. European and American users attach great importance to the brand of TVs. Now this market has basically been occupied by European and American brands. It’s hard to succeed, and the risk is too great.”

Chen Zhiwen thought for a while and said, "Lei Sheng, I want to make electrical appliances, and TV sets must be made, including air conditioners in white goods, refrigerators or the simplest fans. What do you think?"

Lei Shengli paused, and replied: "Chen Sheng, a normal factory, I don't recommend making so many varieties, but if it is Chen Sheng, the method is actually very simple, just buy those factories that manufacture for foreign brands gone."

PS: It’s a good pit, my family is already healed, I’m still cloudy, which makes me dare not stay up late to code, if there is no problem next week, I will resume two updates a day