I want to be a giant of Hong Kong Island
Chapter 241 [Taking the lead in researching and developing transistor radio, TV and rice cooker] (2
Chapter 241 [Take the lead in developing a transistor radio, television, and rice cooker] (Two chapters in one for a monthly pass!)
In the Qiaoxing meeting room, Wu Guangyao called the management and technical personnel for a meeting.
Ryohei Kimura and Li Jiaji also attended the meeting.
"It is not only Panasonic, Hitachi and other large electrical companies that stand in the way of Bridgestar; there are also reasons such as the outdated equipment and insufficient technical personnel of Bridgestar. Therefore, Lenovo Group will allocate 50 US dollars to improve these problems." Wu Guangyao said to the people in the conference room while sitting in the main seat.
The meeting room at this time is full of people, and these people are the most important components of Bridgestar; as for the workers outside, they can be replaced at any time, and there are a lot of them.
"Thanks to the strong support of the group company. As a subsidiary, we, Qiaoxing, will definitely face up to the difficulties. In the radio market, which big companies have torn a piece of flesh?" Matsumoto Ichiro said excitedly, thinking that this boss is really fucking rich.
"As for the current inventory products of Bridgestar, I hope that the sales department can quickly dispose of them at the cost price and withdraw part of the funds." Wu Guangyao said to the person in charge of the sales department.
"Hi, I'll do it right away!"
"The company's existing products have begun to reduce production, and a new product project team has been established; this new product will be confirmed after the project team is confirmed, and I will speak out. Now, please ask President Matsumoto to confirm the new project team."
After 20 minutes, only 16 technicians, 4 managers, and Wu Guangyao, Matsumoto Ichiro, Kimura Ryohei and Li Jiaji were left in the office.
"The new product is the transistor radio. Compared with the tube radio, the transistor radio can be made smaller, can even be carried in a pocket, and consumes less power."
"So, President Matsumoto immediately led the team to the United States to find Texas Instruments for cooperation. As far as I know, with the high yield rate of transistors and the increase in production output of Texas Instruments, they also need the market to digest the transistors in their hands. During the inspection At the same time, I also hope that you can learn more and build your own transistor business when you come back." Wu Guangyao said to the project team.
"Hi! Just, won't the cost of a transistor radio be too high?" Ichiro Matsumoto asked cautiously.
"This is a high-end product, of course the cost is high, and we are also targeting high-end people; besides, the first person to eat crabs in everything has many advantages. Transistor radios are the future trend. As long as we are the first to succeed in research and development, then we Take the initiative, so that we can break through the barriers of the six major electrical appliance manufacturers," Wu Guangyao said confidently.
"Hi, I understand! Thank you, Mr. Wu, for your enlightenment!" Ichiro Matsumoto bent over and said.
Everyone in the project team in the meeting room did not dare to underestimate Wu Guangyao anymore.
As far as Wu Guangyao knows, Texas Instruments originally provided transistors for the U.S. military, but at the beginning of 1954, due to the increase in transistor production capacity and yield rate, there was an overcapacity.Therefore, Texas Instruments turned its attention to private enterprises, and first went to lobby the major radio manufacturers in the United States to use transistors instead of electronic tubes, but unfortunately they were ruthlessly rejected.
In the end, it was the Regency Division of the Industrial Development Engineers Association of Indianapolis, who took up the idea, developed the world's first ultra-small transistor radio, and put it on the market at a high price.
A transistor radio costs at least $48, while the best tube radios cost as little as $15;
Although the price is high, it does not mean that there is no market. After all, transistor radios are small in size and consume less power;
The emergence of crystal radios also sold 15 units in the United States in the first year.
Moreover, transistor radios are a trend, and as the cost of transistors decreases, there will be more advantages.
Wu Guangyao remembered that the first transistor radio seemed to be launched this winter;
The time of 8 is enough for Bridgestar to be developed ahead of schedule.
After all, Texas Instruments will also develop the transistor part; what Bridgestar needs more is to make the radio more compact and more beautiful.
The radio business was established, and the television business was next.
Next, Wu Guangyao began to investigate everywhere, from Tokyo to Osaka, and then to Nagoya, looking for the most suitable TV manufacturer.
In the end, a manufacturer called Pioneer Electric Appliances was acquired in Osaka, which cost a total of 510 million US dollars.
Pioneer Electric not only produces TVs, but also produces electric fans, so the asking price is indeed high, and Wu Guangyao also has elements of buying at a premium.
But Wu Guangyao felt that he was worth the money, because this pioneer electrical appliance manufacturer has an annual production capacity of 15 TV sets, 20 fans, 530 optical technicians, and 3000 employees.
Of course, his own 510 million US dollars is not a lot, and the purchasing power of future generations will be at least 5 million US dollars.
This time, Wu Guangyao didn't leave shares for the Dongying people, and directly bought it with full capital.
Wu Guangyao called all the technicians and management, and in the open space of the factory, Wu Guangyao issued a mobilization order.
It is inevitable that the morale of the army will be unstable, so Wu Guangyao's task today is to stabilize the morale of the army and unite these people to fight together.
"From today, I, Wu Guangyao, will be your boss. I am Chinese, and you are from Dongying. Many of you must feel a little uncomfortable. You feel a little wronged by working for me, don't you?" Wu Guangyao held an extension Shout out to the more than 600 management and technical staff below.
The faces of the Dongying people in the audience were different. Although they didn't boo, it could be seen that many of them meant to despise Wu Guangyao, and they might even resign.
"I can see that you really feel wronged!"
"You feel wronged by working for me, so are you willing to work for yourself?"
"I decided to take out 20% of the shares, priced at 100 million US dollars, divided into [-] shares, and sold them to you. If you are willing to buy, you will be shareholders of the company in the future and enjoy the company's annual dividends; it doesn't matter if you don't have enough money. Withhold one-third until it is paid off."
"If you think you are talented, why bother to work for those bosses outside? Isn't it better to work for yourself?"
Wu Guangyao's words finally aroused the excitement of the crowd. It can be seen that these people are very happy with the words of working for themselves!
After the meeting, these people returned to their posts and finally settled down, no longer confused because of the change of boss.
And Wu Guangyao organized a senior management meeting to assign tasks for Pioneer Electric.
"First of all, we continue to produce TVs and televisions. I have looked at Pioneer brand TVs and electric fans, and there is no technical difference between them and those produced by the six major electrical appliance giants. Therefore, we need to use more means in sales. For example, we can Lower the price a little bit, and go to the suburbs or rural areas for sales under the slogan of "home appliances go to the countryside, government subsidies", so as to temporarily avoid the edge of the six major home appliance giants, this is called the strategy of encircling the cities from the countryside," Wu Guangyao said. .
"President, this method is very good! In this way, we have skipped the agents in these places, have greater profits, and customers have also obtained cheap TV sets. Of course, we will also work hard to increase sales in the cities. of."
The speaker was Pioneer's current president and former vice president Onogi.
The rest of the executives agreed, and Wu Guangyao could tell that this was not flattery.
"I still have two projects that need to be started immediately. The first is to set up a transistor TV R&D team; the second is to set up a rice cooker R&D team," said Wu Guangyao.
For transistor TV, Wu Guangyao is helpless, but Wu Guangyao still understands the principle of electric rice cooker. After setting up a project team later, Wu Guangyao will give them the general working principle, let them develop it secretly, and strive to become the world's The first company to mass-produce rice cookers.
To put it simply, the rice cooker is to place the stainless steel inner pot on the heating plate so that the bottom of the rice cooker fits with the temperature-limiting medium temperature-sensitive soft magnet in the center of the heating plate.When cooking, when the cooking switch is pressed, the lever switch is driven by the suction force of the magnet to keep the power contact connected. When cooking rice, the temperature at the bottom of the pot continues to rise, and the suction force of the permanent magnetic ring increases with the temperature. When the water in the inner pot is evaporated and the temperature at the bottom of the pot reaches [-] degrees Celsius, the suction force of the magnetic ring is smaller than the elastic force of the spring on it, and the temperature limiter is pushed down by the spring, driving the lever switch to cut off the power supply.
Even if Wu Guangyao's knowledge is simpler, these technicians can quickly carry out research and development success; but it happens that Wu Guangyao still knows a lot, so this rice cooker will become the representative work of Pioneer Electric in the future.
Maybe with this invention, Wu Guangyao can earn back several times his investment.
In this case, the current Pioneer factory building is obviously not enough.
"President Ono, can the company borrow US$100 million? I want to build another factory building." The 20% of Wu Guangyao's sale of the shares will naturally have to be returned to Wu Guangyao and cannot be used for financing.
"Of course there is no problem. Our company's finances are good. Even if we have a loan of 200 million US dollars, there will be no problem."
"Then take out a $200 million loan!"
Onoki almost bit his own tongue, this president is too capricious!
Seeing Onoki and the senior executives in a daze, Wu Guangyao explained: "Don't worry, first of all I can afford it, and secondly, the money is useful."
Dongying media was once again hit. You must know that Pioneer Electric is a leader in the second echelon of Dongying's electrical industry. Unexpectedly, it was acquired by a Hong Kong Islander, which made the people of Dongying feel a little uncomfortable.
What they don't know is that the former owner of Pioneer Electric is close to 70 years old, and he is already unable to do what he wants in his career, especially in the face of the six giants in the electrical appliance industry; unmanned.
It is precisely because of this that Wu Guangyao was able to successfully acquire such a large electrical appliance factory.
When Wu Guangyao acquired Pioneer Electric Factory, news media all over the world reported it.
A $510 million M&A, clearly something worth reporting.
Wu Guangyao is still integrating Pioneer Electric and Bridgestar Radio, turning the two companies into brother companies, and is planning to change the product names, all of which will be replaced by the "Lenovo" brand.
At this time, Wu Guangyao received an invitation from the Prime Minister of Dongying, hoping that the two would meet.
Good guy, Wu Guangyao suddenly felt himself on fire!
In fact, Wu Guangyao absolutely hated Little Dongying, and he couldn't avoid them when doing business;
After all, Hong Kong Island is so small and the market is so big, there is simply no room for a giant dragon like Wu Guangyao.
Of course, the purpose of investing in Dongying is to earn more money from Dongying, and to rob him financially!
For example, this time Wu Guangyao invested in Dongying's electrical appliance factory, seemingly giving them money;
In fact, it is not the case. You must know that in the 70s and [-]s, Dongying's electrical appliances began to sell well all over the world; if you invest now, you are dividing up the profits that originally belonged to Dongying.
Of course, what Wu Guangyao valued more was their talents and technology, and after a certain period of time, these could be fed back to the headquarters on Hong Kong Island.
Moreover, Dongying is only his first stop, and Wu Guangyao will not only invest in Dongying. Europe and the United States are his battlefields.
At present, US$2000 million has been spent on the US$650 million (the money for selling 20% of the shares has not yet been received), but there is another investment in Dongying, which is the port.
Taking advantage of meeting the Prime Minister of Japan this time, I just brought it up.
The meeting between Wu Guangyao and the Prime Minister of Dongying was attended by the media.
As the official, the Prime Minister naturally welcomes businessmen like Wu Guangyao to invest in Dongying; and guarantees that Dongying officials will protect the legal rights of foreign businessmen from harm.
Wu Guangyao also said that Japan is the most developed place in Asia, and its economy is growing fast. He is very optimistic about Japan and agrees that "the United States today is Japan's tomorrow." 'This sentence.
In the middle of the meeting, Wu Guangyao proposed to build two container terminals between Hong Kong Island and Dongying, and develop the container ocean transportation system first in the world.
The Prime Minister said that it sounds very good, but we need to carefully review it, and I believe it will pass.
While leaving, Wu Guangyao received a phone call from the office of a leader of a country.
Maybe I won't make this call!
After meeting with the prime minister, Wu Guangyao immediately received an interview request from the most important newspaper in Japan, the Asahi Shimbun.
This is exactly what Wu Guangyao wants. Recently, he wants to create momentum for the container terminal. This kind of media is a good one.
"Mr. Wu, hello! Can you tell us specifically what your so-called concept of container ocean transportation is?"
A reporter from the Asahi Shimbun first asked such a question. Obviously, the Dongying people do not understand the concept of container ocean transportation, but they want to become the first developed country and region in the world.
Wu Guangyao gave a simple and clear explanation, and the reporter from the Asahi Shimbun said: "This is a very advanced concept, at least it sounds like this to me. Then Mr. Wu intends to fully lease our wharf, or Going to work with us!"
"I hope it is cooperation, because in my business dictionary, the most important four words are 'cooperation and win-win'."
"But you merged and acquired YKK zipper by reducing the price. Is this also a 'win-win cooperation'?"
MD, this reporter has almost read the interview, and started to give himself some serious news!
"We cut prices not to fight against competitors, but to release inventory; when YKK's zipper financial crisis, no one can help them. I remember that Mr. Yoshida once told me that as long as someone can lend to He, then YKK Zipper will definitely not go bankrupt or be acquired. In the end, Mr. Yoshida and Mr. Ito had to put down their dignity and come to my office for the sake of thousands of workers in the company. Finally, our two joined forces. Look at the current YKK Zipper has grown to more than 6000 workers."
The reporter was stunned, this one is too shameless!
Next, the reporter also knew that no matter how much information was asked, this person could find a solution, so he gave up!
During Wu Guangyao's time in Dongying, he was much busier than in Hong Kong Island;
After a while, Dongying Shipyard held another reception and invited Wu Guangyao to attend it.
These shipyards are local shipyards in Japan, not American owners like Mark Shipyard.
It turned out that Global Shipping took the initiative to place an order for two 3-ton oil tankers with Dongying's local shipyard, which shocked Dongying's shipbuilding industry.
At this time, Japan's shipbuilding industry began to develop, and it was not well-known at all;
This move by Global Shipping immediately welcomed the favor of the entire Japanese shipbuilding industry!
Only Wu Guangyao knew that he was also making good friends with these shipyards. You must know that giving charcoal in the snow is not the same as icing on the cake.
If I give them an order at this node, they will be grateful;
Of course, Global Shipping has also been inspected, and their shipbuilding technology has no major problems.
Why did Wu Guangyao do this? It was because Wu Guangyao knew that in another seven or eight years, it would be too late for orders from Dongying shipyards, because their prices were only 80% of those in Europe and the United States, but their technology was slightly better.
Therefore, they will not have time at all, and they will not even take orders!
At that time, with Global Shipping and their relationship, they would definitely not be rejected.
In the 60s, Europe and the United States went all out to develop their economies and needed a lot of oil. At that time, oil tankers were needed, so this move was to make good friends with these shipyards.
Regarding the proposal of the container terminal, the Dongying government gave an answer before Wu Guangyao was about to leave Dongying, it is feasible!
Wu Guangyao immediately took Li Ming to the Ministry of Economy, Trade and Industry, and met with Cabinet Minister Ryutaro Takahashi.
"Mr. Takahashi, I can understand that your Dongying government wants to sell a piece of land without paying any cash, and you want 49% of the shares. But you are not willing to sign a 99-year lease contract. Instead, you restrain us and unilaterally Cancellation; in this way, how can we protect foreign investors like us. At that time, we will invest a lot of money in and sit up this port, and you will kick us out for any reason. How can there be such a good thing in this world? " Wu Guangyao said angrily.
The Dongying people are so shrewd. They invested millions of dollars to make the pier well. As a result, you have various constraints. If you violate your agreement, you will unilaterally cancel it. How can such a good thing happen.
"Mr. Wu, the 99-year lease contract is completely impossible. We can discuss those constraints in detail!" Takahashi Ryutaro said tit for tat.
Things have come to this point, Wu Guangyao also knows that to do business with a sovereign country, he can only give in in various ways!
In the end, the lease period was limited to 50 years, and various constraints were reduced, and Dongying promised that under any circumstances, global shipping would be compensated to a certain extent.
Wu Guangyao agreed, so what if he disagreed, others knew his ideas, and he could do it without himself!
However, a country will basically not do this kind of piracy, just like the official procurement of China in later generations, even Microsoft's system is genuine, this is the face of a country.
Wouldn't it be embarrassing to the world if you use pirated versions for the officials of a country!
So, at present, even if Dongying officials are optimistic about container ocean transportation, it is impossible to abandon themselves and go it alone.
There will be an update tomorrow!
(End of this chapter)
In the Qiaoxing meeting room, Wu Guangyao called the management and technical personnel for a meeting.
Ryohei Kimura and Li Jiaji also attended the meeting.
"It is not only Panasonic, Hitachi and other large electrical companies that stand in the way of Bridgestar; there are also reasons such as the outdated equipment and insufficient technical personnel of Bridgestar. Therefore, Lenovo Group will allocate 50 US dollars to improve these problems." Wu Guangyao said to the people in the conference room while sitting in the main seat.
The meeting room at this time is full of people, and these people are the most important components of Bridgestar; as for the workers outside, they can be replaced at any time, and there are a lot of them.
"Thanks to the strong support of the group company. As a subsidiary, we, Qiaoxing, will definitely face up to the difficulties. In the radio market, which big companies have torn a piece of flesh?" Matsumoto Ichiro said excitedly, thinking that this boss is really fucking rich.
"As for the current inventory products of Bridgestar, I hope that the sales department can quickly dispose of them at the cost price and withdraw part of the funds." Wu Guangyao said to the person in charge of the sales department.
"Hi, I'll do it right away!"
"The company's existing products have begun to reduce production, and a new product project team has been established; this new product will be confirmed after the project team is confirmed, and I will speak out. Now, please ask President Matsumoto to confirm the new project team."
After 20 minutes, only 16 technicians, 4 managers, and Wu Guangyao, Matsumoto Ichiro, Kimura Ryohei and Li Jiaji were left in the office.
"The new product is the transistor radio. Compared with the tube radio, the transistor radio can be made smaller, can even be carried in a pocket, and consumes less power."
"So, President Matsumoto immediately led the team to the United States to find Texas Instruments for cooperation. As far as I know, with the high yield rate of transistors and the increase in production output of Texas Instruments, they also need the market to digest the transistors in their hands. During the inspection At the same time, I also hope that you can learn more and build your own transistor business when you come back." Wu Guangyao said to the project team.
"Hi! Just, won't the cost of a transistor radio be too high?" Ichiro Matsumoto asked cautiously.
"This is a high-end product, of course the cost is high, and we are also targeting high-end people; besides, the first person to eat crabs in everything has many advantages. Transistor radios are the future trend. As long as we are the first to succeed in research and development, then we Take the initiative, so that we can break through the barriers of the six major electrical appliance manufacturers," Wu Guangyao said confidently.
"Hi, I understand! Thank you, Mr. Wu, for your enlightenment!" Ichiro Matsumoto bent over and said.
Everyone in the project team in the meeting room did not dare to underestimate Wu Guangyao anymore.
As far as Wu Guangyao knows, Texas Instruments originally provided transistors for the U.S. military, but at the beginning of 1954, due to the increase in transistor production capacity and yield rate, there was an overcapacity.Therefore, Texas Instruments turned its attention to private enterprises, and first went to lobby the major radio manufacturers in the United States to use transistors instead of electronic tubes, but unfortunately they were ruthlessly rejected.
In the end, it was the Regency Division of the Industrial Development Engineers Association of Indianapolis, who took up the idea, developed the world's first ultra-small transistor radio, and put it on the market at a high price.
A transistor radio costs at least $48, while the best tube radios cost as little as $15;
Although the price is high, it does not mean that there is no market. After all, transistor radios are small in size and consume less power;
The emergence of crystal radios also sold 15 units in the United States in the first year.
Moreover, transistor radios are a trend, and as the cost of transistors decreases, there will be more advantages.
Wu Guangyao remembered that the first transistor radio seemed to be launched this winter;
The time of 8 is enough for Bridgestar to be developed ahead of schedule.
After all, Texas Instruments will also develop the transistor part; what Bridgestar needs more is to make the radio more compact and more beautiful.
The radio business was established, and the television business was next.
Next, Wu Guangyao began to investigate everywhere, from Tokyo to Osaka, and then to Nagoya, looking for the most suitable TV manufacturer.
In the end, a manufacturer called Pioneer Electric Appliances was acquired in Osaka, which cost a total of 510 million US dollars.
Pioneer Electric not only produces TVs, but also produces electric fans, so the asking price is indeed high, and Wu Guangyao also has elements of buying at a premium.
But Wu Guangyao felt that he was worth the money, because this pioneer electrical appliance manufacturer has an annual production capacity of 15 TV sets, 20 fans, 530 optical technicians, and 3000 employees.
Of course, his own 510 million US dollars is not a lot, and the purchasing power of future generations will be at least 5 million US dollars.
This time, Wu Guangyao didn't leave shares for the Dongying people, and directly bought it with full capital.
Wu Guangyao called all the technicians and management, and in the open space of the factory, Wu Guangyao issued a mobilization order.
It is inevitable that the morale of the army will be unstable, so Wu Guangyao's task today is to stabilize the morale of the army and unite these people to fight together.
"From today, I, Wu Guangyao, will be your boss. I am Chinese, and you are from Dongying. Many of you must feel a little uncomfortable. You feel a little wronged by working for me, don't you?" Wu Guangyao held an extension Shout out to the more than 600 management and technical staff below.
The faces of the Dongying people in the audience were different. Although they didn't boo, it could be seen that many of them meant to despise Wu Guangyao, and they might even resign.
"I can see that you really feel wronged!"
"You feel wronged by working for me, so are you willing to work for yourself?"
"I decided to take out 20% of the shares, priced at 100 million US dollars, divided into [-] shares, and sold them to you. If you are willing to buy, you will be shareholders of the company in the future and enjoy the company's annual dividends; it doesn't matter if you don't have enough money. Withhold one-third until it is paid off."
"If you think you are talented, why bother to work for those bosses outside? Isn't it better to work for yourself?"
Wu Guangyao's words finally aroused the excitement of the crowd. It can be seen that these people are very happy with the words of working for themselves!
After the meeting, these people returned to their posts and finally settled down, no longer confused because of the change of boss.
And Wu Guangyao organized a senior management meeting to assign tasks for Pioneer Electric.
"First of all, we continue to produce TVs and televisions. I have looked at Pioneer brand TVs and electric fans, and there is no technical difference between them and those produced by the six major electrical appliance giants. Therefore, we need to use more means in sales. For example, we can Lower the price a little bit, and go to the suburbs or rural areas for sales under the slogan of "home appliances go to the countryside, government subsidies", so as to temporarily avoid the edge of the six major home appliance giants, this is called the strategy of encircling the cities from the countryside," Wu Guangyao said. .
"President, this method is very good! In this way, we have skipped the agents in these places, have greater profits, and customers have also obtained cheap TV sets. Of course, we will also work hard to increase sales in the cities. of."
The speaker was Pioneer's current president and former vice president Onogi.
The rest of the executives agreed, and Wu Guangyao could tell that this was not flattery.
"I still have two projects that need to be started immediately. The first is to set up a transistor TV R&D team; the second is to set up a rice cooker R&D team," said Wu Guangyao.
For transistor TV, Wu Guangyao is helpless, but Wu Guangyao still understands the principle of electric rice cooker. After setting up a project team later, Wu Guangyao will give them the general working principle, let them develop it secretly, and strive to become the world's The first company to mass-produce rice cookers.
To put it simply, the rice cooker is to place the stainless steel inner pot on the heating plate so that the bottom of the rice cooker fits with the temperature-limiting medium temperature-sensitive soft magnet in the center of the heating plate.When cooking, when the cooking switch is pressed, the lever switch is driven by the suction force of the magnet to keep the power contact connected. When cooking rice, the temperature at the bottom of the pot continues to rise, and the suction force of the permanent magnetic ring increases with the temperature. When the water in the inner pot is evaporated and the temperature at the bottom of the pot reaches [-] degrees Celsius, the suction force of the magnetic ring is smaller than the elastic force of the spring on it, and the temperature limiter is pushed down by the spring, driving the lever switch to cut off the power supply.
Even if Wu Guangyao's knowledge is simpler, these technicians can quickly carry out research and development success; but it happens that Wu Guangyao still knows a lot, so this rice cooker will become the representative work of Pioneer Electric in the future.
Maybe with this invention, Wu Guangyao can earn back several times his investment.
In this case, the current Pioneer factory building is obviously not enough.
"President Ono, can the company borrow US$100 million? I want to build another factory building." The 20% of Wu Guangyao's sale of the shares will naturally have to be returned to Wu Guangyao and cannot be used for financing.
"Of course there is no problem. Our company's finances are good. Even if we have a loan of 200 million US dollars, there will be no problem."
"Then take out a $200 million loan!"
Onoki almost bit his own tongue, this president is too capricious!
Seeing Onoki and the senior executives in a daze, Wu Guangyao explained: "Don't worry, first of all I can afford it, and secondly, the money is useful."
Dongying media was once again hit. You must know that Pioneer Electric is a leader in the second echelon of Dongying's electrical industry. Unexpectedly, it was acquired by a Hong Kong Islander, which made the people of Dongying feel a little uncomfortable.
What they don't know is that the former owner of Pioneer Electric is close to 70 years old, and he is already unable to do what he wants in his career, especially in the face of the six giants in the electrical appliance industry; unmanned.
It is precisely because of this that Wu Guangyao was able to successfully acquire such a large electrical appliance factory.
When Wu Guangyao acquired Pioneer Electric Factory, news media all over the world reported it.
A $510 million M&A, clearly something worth reporting.
Wu Guangyao is still integrating Pioneer Electric and Bridgestar Radio, turning the two companies into brother companies, and is planning to change the product names, all of which will be replaced by the "Lenovo" brand.
At this time, Wu Guangyao received an invitation from the Prime Minister of Dongying, hoping that the two would meet.
Good guy, Wu Guangyao suddenly felt himself on fire!
In fact, Wu Guangyao absolutely hated Little Dongying, and he couldn't avoid them when doing business;
After all, Hong Kong Island is so small and the market is so big, there is simply no room for a giant dragon like Wu Guangyao.
Of course, the purpose of investing in Dongying is to earn more money from Dongying, and to rob him financially!
For example, this time Wu Guangyao invested in Dongying's electrical appliance factory, seemingly giving them money;
In fact, it is not the case. You must know that in the 70s and [-]s, Dongying's electrical appliances began to sell well all over the world; if you invest now, you are dividing up the profits that originally belonged to Dongying.
Of course, what Wu Guangyao valued more was their talents and technology, and after a certain period of time, these could be fed back to the headquarters on Hong Kong Island.
Moreover, Dongying is only his first stop, and Wu Guangyao will not only invest in Dongying. Europe and the United States are his battlefields.
At present, US$2000 million has been spent on the US$650 million (the money for selling 20% of the shares has not yet been received), but there is another investment in Dongying, which is the port.
Taking advantage of meeting the Prime Minister of Japan this time, I just brought it up.
The meeting between Wu Guangyao and the Prime Minister of Dongying was attended by the media.
As the official, the Prime Minister naturally welcomes businessmen like Wu Guangyao to invest in Dongying; and guarantees that Dongying officials will protect the legal rights of foreign businessmen from harm.
Wu Guangyao also said that Japan is the most developed place in Asia, and its economy is growing fast. He is very optimistic about Japan and agrees that "the United States today is Japan's tomorrow." 'This sentence.
In the middle of the meeting, Wu Guangyao proposed to build two container terminals between Hong Kong Island and Dongying, and develop the container ocean transportation system first in the world.
The Prime Minister said that it sounds very good, but we need to carefully review it, and I believe it will pass.
While leaving, Wu Guangyao received a phone call from the office of a leader of a country.
Maybe I won't make this call!
After meeting with the prime minister, Wu Guangyao immediately received an interview request from the most important newspaper in Japan, the Asahi Shimbun.
This is exactly what Wu Guangyao wants. Recently, he wants to create momentum for the container terminal. This kind of media is a good one.
"Mr. Wu, hello! Can you tell us specifically what your so-called concept of container ocean transportation is?"
A reporter from the Asahi Shimbun first asked such a question. Obviously, the Dongying people do not understand the concept of container ocean transportation, but they want to become the first developed country and region in the world.
Wu Guangyao gave a simple and clear explanation, and the reporter from the Asahi Shimbun said: "This is a very advanced concept, at least it sounds like this to me. Then Mr. Wu intends to fully lease our wharf, or Going to work with us!"
"I hope it is cooperation, because in my business dictionary, the most important four words are 'cooperation and win-win'."
"But you merged and acquired YKK zipper by reducing the price. Is this also a 'win-win cooperation'?"
MD, this reporter has almost read the interview, and started to give himself some serious news!
"We cut prices not to fight against competitors, but to release inventory; when YKK's zipper financial crisis, no one can help them. I remember that Mr. Yoshida once told me that as long as someone can lend to He, then YKK Zipper will definitely not go bankrupt or be acquired. In the end, Mr. Yoshida and Mr. Ito had to put down their dignity and come to my office for the sake of thousands of workers in the company. Finally, our two joined forces. Look at the current YKK Zipper has grown to more than 6000 workers."
The reporter was stunned, this one is too shameless!
Next, the reporter also knew that no matter how much information was asked, this person could find a solution, so he gave up!
During Wu Guangyao's time in Dongying, he was much busier than in Hong Kong Island;
After a while, Dongying Shipyard held another reception and invited Wu Guangyao to attend it.
These shipyards are local shipyards in Japan, not American owners like Mark Shipyard.
It turned out that Global Shipping took the initiative to place an order for two 3-ton oil tankers with Dongying's local shipyard, which shocked Dongying's shipbuilding industry.
At this time, Japan's shipbuilding industry began to develop, and it was not well-known at all;
This move by Global Shipping immediately welcomed the favor of the entire Japanese shipbuilding industry!
Only Wu Guangyao knew that he was also making good friends with these shipyards. You must know that giving charcoal in the snow is not the same as icing on the cake.
If I give them an order at this node, they will be grateful;
Of course, Global Shipping has also been inspected, and their shipbuilding technology has no major problems.
Why did Wu Guangyao do this? It was because Wu Guangyao knew that in another seven or eight years, it would be too late for orders from Dongying shipyards, because their prices were only 80% of those in Europe and the United States, but their technology was slightly better.
Therefore, they will not have time at all, and they will not even take orders!
At that time, with Global Shipping and their relationship, they would definitely not be rejected.
In the 60s, Europe and the United States went all out to develop their economies and needed a lot of oil. At that time, oil tankers were needed, so this move was to make good friends with these shipyards.
Regarding the proposal of the container terminal, the Dongying government gave an answer before Wu Guangyao was about to leave Dongying, it is feasible!
Wu Guangyao immediately took Li Ming to the Ministry of Economy, Trade and Industry, and met with Cabinet Minister Ryutaro Takahashi.
"Mr. Takahashi, I can understand that your Dongying government wants to sell a piece of land without paying any cash, and you want 49% of the shares. But you are not willing to sign a 99-year lease contract. Instead, you restrain us and unilaterally Cancellation; in this way, how can we protect foreign investors like us. At that time, we will invest a lot of money in and sit up this port, and you will kick us out for any reason. How can there be such a good thing in this world? " Wu Guangyao said angrily.
The Dongying people are so shrewd. They invested millions of dollars to make the pier well. As a result, you have various constraints. If you violate your agreement, you will unilaterally cancel it. How can such a good thing happen.
"Mr. Wu, the 99-year lease contract is completely impossible. We can discuss those constraints in detail!" Takahashi Ryutaro said tit for tat.
Things have come to this point, Wu Guangyao also knows that to do business with a sovereign country, he can only give in in various ways!
In the end, the lease period was limited to 50 years, and various constraints were reduced, and Dongying promised that under any circumstances, global shipping would be compensated to a certain extent.
Wu Guangyao agreed, so what if he disagreed, others knew his ideas, and he could do it without himself!
However, a country will basically not do this kind of piracy, just like the official procurement of China in later generations, even Microsoft's system is genuine, this is the face of a country.
Wouldn't it be embarrassing to the world if you use pirated versions for the officials of a country!
So, at present, even if Dongying officials are optimistic about container ocean transportation, it is impossible to abandon themselves and go it alone.
There will be an update tomorrow!
(End of this chapter)
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