Rise up Hong Kong! Build a super wealthy Zhuang family
Chapter 60 The Chamber of Commerce blocks (Dingsheng) Company
Around 14:00 in the afternoon.
In the meeting room of the Electronics and Electrical Appliances General Chamber of Commerce on Happy Valley Street, members of the chamber of commerce gathered again.
At this time, there are many times more members in the conference room than last time. There are more than 200 people, and everyone should be gathered.
"Everyone, I have called you here urgently to announce a very important matter."
"Recently, a very hot-selling product called a (Walkman) music machine has appeared in Xiangjiang. I believe everyone must know it, right?" Weng You, the president of the Chamber of Commerce, asked with a very calm expression at this time.
Weng You's identity is nothing special. He comes from a small town in Shunde, Guangdong Province. He started his own business in the 1950s and developed it in Guangzhou. Later, after seeing business opportunities, he moved to Xiangjiang and started his business step by step.
To say that he started from scratch is not true, because like Zheng Yutong, Wu Guangzheng, and Li Chaoren, he has a low-key wife with a strong background to support him.
Weng You's wife He Yunqing was also from Shunde, but her family was a wealthy businessman in the local area. However, due to the influence of the local situation, her family declined. But as the saying goes, a broken ship still has three pounds of nails. Even if a wealthy family declines, it is not comparable to ordinary families. If you don't work, you will not have to worry about it for the rest of your life.
Weng You relied on his natal family to start and develop. However, Weng You's life in later generations was also unsatisfactory. He suffered from illness and committed suicide.
But generally speaking, he is still a person who loves his hometown. As early as 1978, when the inland reforms began, he had already invested 200 million yuan to go back to his hometown to establish a joint venture factory.
It's just that his personality is a bit narrow. He doesn't like others to be better than him, especially companies in the same industry. As long as a company shows that it wants to surpass him, he will secretly do it.
His reputation in this circle is not very good, and many people know this. Many big guys in Xiangjiang who are his fellow villagers, such as his fourth uncle Li Zhaoji, New World Zheng Yutong, Hang Lung Chen Zengxi, etc., do not go around with him.
This speaks volumes about his character.
But in the electronics and electrical appliances industry, Shell is very powerful and has grown to a very large scale in the 1980s. Among the home appliances, it independently produces electric fans, electric kettles, rice cookers, water heaters, etc.
Electronic products such as radios and tape players are also produced independently. In addition, Shell companies also have many sources of materials, processing plants, assembly plants, etc., accounting for almost 30% of the industry market.
In addition, the business sales of Shell's independently developed products have developed throughout Asia and even the Middle East and the Philippines.
The strength is indeed very strong.
This is not over yet. In addition to its self-produced products, Shell also acts as an agent for the sales of Toshiba TVs, refrigerators, air conditioners and other products.
With such a strong strength, no one dares to go against him in this industry in Xiangjiang.
Other electrical appliance companies in Xiangjiang were also affected by the strength of Shell. Even though they knew that his character was not very good, they had no choice but to accept the Chamber of Commerce to let him manage them.
"President Weng, of course we know about this product, and we are very envious of it."
"Yes, the turnover on the first day the product was put on the shelves was as high as 27 million Hong Kong dollars. Later, due to factory productivity issues, up to 10,000 units of the product are now launched every day, and consumers line up every day to buy it. How could such a company not know this?"
"I heard that the boss of Dingsheng Company is a banker. Is this news true?"
"It is indeed Mr. Zhuang's son. His name is Zhuang Rongxu, and he ranks second. Many people know this."
"No wonder it's so successful. It turns out there is such a background behind it. I'm envious."
"But I heard that Mr. Zhuang's development is entirely on his own. Even if he starts a business, he borrows money from his father's bank, and he still has to pay back the interest."
"I've heard about this, but I don't know if it's true or not. But so what if it's true. I don't believe Mr. Zhuang didn't help."
"You also believe these things. The loan is just for show. My father is the chairman of the South Central Bank, so the loan is just to avoid suspicion."
"Okay, okay, I didn't call you here today to ask you to discuss other people's family affairs."
Weng You heard that the people below were admiring and complimenting Zhuang Rongxu, which made him feel very unhappy and told them to stop with a straight face.
Many people present did not know that the Chamber of Commerce had invited Dingsheng Company to join, or even that Zhuang Rongxu had a conflict with the Chamber of Commerce. They were called here this time to inform and discuss how to deal with Zhuang Rongxu.
"Everyone, now that you all know about Dingsheng Company, it will be easier to handle."
"I believe everyone has remembered the industry regulations of the Chamber of Commerce. In order to stabilize the market stability of the electronics and electrical appliances industry in Xiangjiang, it is managed by the Chamber of Commerce. This regulation has not changed since the Chamber of Commerce was established 45 years ago."
"Any large electronics and electrical appliances company in Hong Kong must also join the Chamber of Commerce, accept the unified management of the Chamber of Commerce, and obey industry regulations."
"However, today I sent Vice President Meng, as well as Boss Chen and Boss Zhong of Chen's Electrical Appliance Company to Dingsheng Company to sincerely invite him to join the Chamber of Commerce."
"This guy not only refused to accept it, but also made bad remarks, saying that the people in the chamber of commerce were not enough to work with. This has seriously affected the status of the chamber of commerce, and also affected the stable development of the electrical and electronic industries."
"In addition, the matter was not over yet. He also acted maliciously and allowed his bodyguard to beat Boss Chen, causing him to lose two teeth. It is definitely a cancer for such a person to enter the electrical and electronic industry."
"The Chamber of Commerce is absolutely not allowed to exist."
"After deliberation among the core members of the chamber of commerce, more than 60% of the members voted to decide on the result."
"I now announce that the Xiangjiang Electrical and Electronics General Chamber of Commerce has issued a notice that no company in the chamber of commerce is allowed to have any cooperation with Dingsheng Company. Anyone who discovers this will be kicked out of the chamber of commerce and will also be sanctioned by the chamber of commerce."
"In addition, everyone has also released news that OEMs in related industries in Hong Kong should not take orders from Dingsheng Company, otherwise the Chamber of Commerce will never let them go."
"Okay, today's meeting is over."
After Weng You finished speaking, he left alone regardless of what the people in the conference room thought.
The people in the conference room suddenly exploded, especially the foundry that was currently cooperating with Dingsheng Company. The boss of the assembly factory was completely dumbfounded.
After they received a big order from Dingsheng Company, they thought their good days were coming. After all, the orders given to them by Dingsheng were all big orders, and there was endless work to do and endless money to make every day.
But now….
Completely confused...
If they don't listen to the Chamber of Commerce, they won't survive at all, but if they refuse to take the order from Dingsheng Company and the super fat meat they get is just taken away, how can they be willing to do so?
If it was a small order, they wouldn't consider it at all and would simply cancel the order. However, it was a huge order that they couldn't refuse and it was difficult to accept it for a while.
After the Chamber of Commerce meeting.
News of the meeting quickly spread. The news spread very quickly. In less than half a day, the whole of Xiangjiang knew that Zhuang Rongxu had been banned by the Chamber of Commerce.
This news immediately attracted the attention of everyone in all fields in Hong Kong. After all, many people know Zhuang Rongxu's identity, and the Walkman has been so popular recently.
It doesn’t matter if you don’t want people to pay attention to it.
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