Countercurrent 1982

Chapter 1582 Joint Venture Hard Disk Factory

Three days later, Zhang Weidong and two technicians from the factory went to Shanghai on a business trip. At the same time, Chen Tiesheng and his party also boarded a plane to the Soviet Union and began the second round of cross-border inspections.

In the blink of an eye, in mid-March, Western Digital's vice president, Verdacris, and several directors of the company flew to Shenzhen to discuss with Tianyin Group the final matter of setting up a joint venture hard disk factory.

In fact, in the first half of the year, Western Digital has sent two teams to China for investigation. Not only in Shenzhen, they also went to Shanghai and BJ, but they finally chose Shenzhen, which is adjacent to Hong Kong and has quite complete electronic facilities.

After coordinating and negotiating with the SZ municipal government and Tianyin Group, Western Digital finally obtained the approval of the company's senior board of directors for investing and setting up a factory in Shenzhen, and determined the amount of investment, shareholding, and land for building warehouses for both parties. The whole negotiation process went very smoothly.

The final agreement was that Western Digital would hold 45% of the shares in the joint venture factory and would be responsible for hard drive product development and technical support, while Tianying Group would invest 8 million yuan to be mainly responsible for the sales and after-sales of hard drives in the Chinese market. % of the shares, and another 500% of the shares belong to the Shenzhen State-owned Assets Management Committee, making this new hard disk factory a Sino-foreign joint venture controlled by three parties.

This time, the team led by Vice President Verdacris, together with several members of the board of directors of Western Digital, came to Shenzhen to hold a formal signing ceremony. , and will also participate in the groundbreaking ceremony of a factory with Duan Yun and the leaders of the SZ Municipal Party Committee.

This is a joint venture to open a hard disk factory, which is of great significance to Duan Yun. On the one hand, he can rely on Western Digital's strong technical support and product cost performance to make profits in the domestic market. On the other hand, he can also use this factory to open up the international hard disk market. It is very important for the current Tianyin Group to obtain a large amount of foreign exchange income for its own company, because now Duan Yun’s Tianyin Group is expanding overseas very quickly, except for some high-end equipment and parts. In addition to imports, R&D centers in the United States, Europe and other countries also need a lot of dollars to maintain, so Duan Yun has never had such a strong desire for foreign exchange as he does now.

"Mr. Chris! Welcome to China!" At the exit of the airport, after seeing Verdas, the vice president of Western Digital, Duan Yun immediately stepped forward and gave him a warm hug.

"Hello, Mr. Duan!" After the two let go, Vodas held his gold-rimmed glasses with his right hand, and said to Duan Yun with a smile on his face: "I am moved by your company's sincerity and professionalism, and this is my first This is my second visit to China, and I hope that we can become long-term cooperative partners.”

"That's for sure!" Duan Yun said, and invited Chris and his party into the car.

Since it was already past 6 pm at this time, Duan Yun first arranged them to a hotel in Shenzhen and asked them to rest for one night to reverse the jet lag.

It was not until the afternoon of the second day that Duan Yun arranged for the motorcade to arrive at the hotel and took Chris and his party directly to the headquarters of Tianyin Group.

"How many companies with the scale of your company are there in China?" After visiting the electronics factory and chip workshop, Chris couldn't hold back his curiosity and asked Duan Yun.

"Speaking immodestly, Tianyin Group is currently the largest private electronics company in China. Two subsidiaries have been spun off and listed. The total market value has exceeded 60 billion yuan, which is equivalent to nearly 10 billion U.S. dollars." Facing such a situation Naturally, Duan Yun would not hide the opportunity to show the strength of the enterprise. After all, in the business world, status and strength are equated.

"Amazing!" Chris gave the champion a thumbs up, and continued: "Several executives from our company have visited China before, and they were very impressed with your Tianyin Group, saying that you are the most powerful company in China. Enterprise, I didn't believe it at first, but now I am completely relieved..."

"There is an old saying in China that a hero has three gangs. There is always an upper limit to the development of an enterprise, but if he can unite with more powerful partners of the same level, then he can remain invincible in the business world for a long time. Land." Duan Yun smiled slightly, and continued: "Our company currently has research and development centers in the United States, Europe and Hong Kong, and the main research direction is storage chips and PC home computers. Our products are more competitive internationally!"

"As for your R&D center in the United States, we have also visited it. The scale and level of research are indeed very high, including our technical director Steven, who gave your company a high evaluation of R&D capabilities." Chris There was a look of approval on his face, and he went on to say: "Before this, I really didn't expect China to have such a powerful technology company..."

"Our China is a big country with a population of 10 billion. With a history of 5000 years of civilization, there are many talented people..." Duan Yun glanced at Chris, and then said: "In addition, our China is also a very large and potential market. Although The current per capita purchasing power is in the middle and lower reaches of the world, but the population base is very large, even if there is one wealthy person in 100 people, that is 1 million people, which is equivalent to the sum of several European countries.”

"That's true. Before coming to China, I discussed this issue with our friends from the American business community. They also have a certain amount of investment in China. Although the investment scale is not large, they have indeed made a lot of money." Chris nodded, Then he said: "The Chinese market has gradually become an investment hotspot in our American business circles. I think we Western Digital can't miss this opportunity. What's more, it is very lucky to find such an excellent partner as Tianyin Group in China. things..."

"It is my honor to be praised by you, President Chris." Duan Yun paused, and then said: "As long as you are willing to bring technology and equipment to China, we will handle the convenient sales. We will sell your products to every corner of China, and expand the market to the whole world, making it the best-selling hard drive product in Asia and even the world!"

"Manager Duan seems very confident!" Hearing what Duan Yun said, Chris looked at Duan Yun suspiciously.

(End of this chapter)