Go back in time and be a chaebol

Chapter 399 Nanyang Model (Second update, please subscribe)

What kind of storm will a piece of tidbits of news cause?

No one knows, after all, in the eyes of many people, this is just a romantic affair. However, according to the law, adultery is criminally liable. After all, the woman is a married woman.

But with Ma Pengcheng's resignation, everyone seemed to think that the matter would end there.

But who knows?

Just like when the Public Bureau of Investigation was established, people had no idea what role it would play in the future. At the beginning of its birth, it was just a link in the system. The Bureau of Investigation is an independent anti-corruption agency that is separate from all government agencies. It is this independence that enables it to become the Sword of Damocles over the heads of Nanyang’s public officials in the days to come, together with Nanyang’s rigorous institutional system.

For Nanyang, this seems to be just a "tad news" in the New Year, which is almost not worth mentioning. Even the establishment of the Public Investigation Bureau did not attract anyone's attention.

After all, there are too many major events happening in this New Year. Not only is the purchase of 600,000 square kilometers of land from Sulawesi to West Irian and the nearly doubling of territorial expansion, major events abroad are also happening one after another. For example, over there in Tangshan, they came in again.

"... Hundreds of thousands of troops were wiped out in the Beng battlefield, and the commander of the corps was captured..."

The news on the radio did not arouse any interest in Song Yunchu. Now, like many people, he has long been immune to such news.

After all, it is not news that the Central Army in Tangshan is moving in every day. If there is any victory, it will be news. Even such news can hardly arouse his interest, because this is Nanyang, and they are all working hard for their own lives.

At this time, he was thinking about investment.

The smallest battery on the market is the AA battery. Although it can meet the needs of a shaver in terms of size, its capacity is low and it cannot be recharged, so the cost of use is very high. If you want to reduce the cost of use, you must use recharge. The battery, this is the real stumbling block.

It took several months, until a week ago, they finally produced a sample.

After searching several times and finally finding a suitable small motor, a new problem arose - the battery.

Like everyone else, Song Yunchu put on a suit and walked into Quanye Bank with a carefully prepared business plan.

Yang Yuankai looked at his plan and asked.

When Song Yunchu's work garment factory was founded, he obtained a loan of 100,000 yuan from Qunye Bank. Now that he needed entrepreneurial funds, he naturally thought of Qunye Bank.

But it's not easy either.

"You don't have the funds?"

What does it take to go from sample to product?

The first is a large amount of start-up capital.

After the Song brothers opened the first electric shaver with a screwdriver, the first obstacle they encountered was the electric motor. Originally, the engine used a 220-volt motor. If a battery was used, it had to be changed to a low-power one. electric motor.

What does it take to take an invention from idea to actual product?

Need inspiration!

It requires a flash of inspiration, and it is not difficult to form actual products. After all, we are now an industrial society, and many things have mature products on the market.

Who has money?

Bank!

"Yes, we have patents and samples."

Fortunately, in Nanyang, the banking industry is very developed, and there are banks in Nanyang that specialize in financing and investment services for start-up companies. For example, Nanyang Qunye Bank is one of them - in the past four years, it has provided second-hand financing to more than 50,000 companies. The loan of 1.5 billion yuan definitely contributed a lot to the development of industry and commerce in Nanyang.

"Cordless electric shaver?"

But Song Yunchu, who was just a garment factory employee, didn't have that much money at all.

Song Yunchu, who was wearing a suit, took out the sample from his briefcase.

"This is our sample. Although it is very rough, with further improvement, it will soon become more refined."

Song Yunchu introduced the palm-sized sample and handed it over. "Manager Yang, this is an electric shaver we made based on similar products in the United States. In the American market, electric shavers are the most fashionable products and are very popular now. But they have great limitations, such as this... "

Taking out another electric shaver, Song Yunchu introduced it.

"You see there is a wire connected under the handle. Without power, it is of no use, which also makes it very inconvenient to use. But our product can be used anytime, anywhere!"

Pressing the switch, the razor started to rotate. Song Yunchu, who had not shaved for two days, directly took the razor and started shaving.

After a while, the beard was shaved cleanly.

Seeing this, Yang Yuankai immediately became interested. He took the rough electric shaver and said curiously.

"Is this a battery? Is this battery durable? How long will it last? How much does it cost to replace the battery?"

Yang Yuankai, who originally opened a bank in China, originally planned to open his own bank when he came to Nanyang. However, due to various reasons, he finally entered Quanye Bank. As an investment manager, he immediately realized this during the other party's demonstration. product potential.

After all, electric shavers are really popular in the United States right now.

Song Yunjie on the side said quickly.

"It can be used continuously for 15 minutes. If you shave in the morning and evening, there is no problem in using it for two or three days. If it runs out of power, there is no need to replace it. You only need to charge it..."

"Charging? No need to replace the battery?"

Yang Yuankai looked at the electric shaver in his hand curiously.

"Yes, this battery is also our patented product and was developed by me."

When talking about the rechargeable battery he developed, Song Yunjie looked very proud. As a junior college student, it is very remarkable to design a small rechargeable battery even if he draws on other people's research.

"How much can a razor like this cost? How much is the approximate profit?"

"Sir, the average selling price of electric shavers in the US market is US$5, and our cost price is about US$7, but if it is produced on a large scale, the price will definitely come down because it is a unique portable product. I believe that even if it is a few dollars more expensive, it will definitely be welcomed by consumers. After all, there are many professions that require traveling around. It is very convenient to use and does not require the shaving liquid and water of an ordinary razor. Power cord for electric shavers. In short, its market must be very broad, Manager Yang."

Listening to Song Yunchu's introduction, Yang Yuankai looked at the electric shaver in his hand, thought for a while, and said.

"Two Mr. Songs, your biggest problem right now is that you only have patents but no funds. This means that what you need is a venture capital investment. According to the bank's regulations, I can probably provide an investment of no more than 40 yuan. Investment! In exchange, the bank needs to obtain % of your equity. Of course, the bank will not participate in management and will only send an accountant to assist you in financial management. Do you think that’s okay?”

Everything went smoothly beyond the imagination of the Song brothers. After signing the contract, Yang Yuankai seemed to understand why Nanyang Qunye Bank was able to develop into the second largest bank in Nanyang in just a few years. The bank's supportive loans and investments in industrial factories have grown like a snowball. Even if there are occasional loan or investment losses, it will not have any impact on the banking industry. After all, the vast majority of the companies they invest in are Profits, along with the development of those enterprises, banks are also developing rapidly.

"This...is Nanyang's industrial development model!"

Suddenly, Yang Yuankai seemed to understand that this was Nanyang's economic development model - providing loans and even venture capital to small businesses through banks to promote the development of industry and commerce. While industry and commerce are developing rapidly, banks have also received extremely generous returns, which also allows them to invest more funds in industry and commerce. The two of them complement each other and achieve each other.

Just like the contract just finalized, this electric shaver may have a market worth millions or even tens of millions of dollars, but the bank only spent a few hundred thousand dollars of investment in exchange for millions of dollars in the future. The bank can also use these funds to invest in other projects, thereby obtaining more generous returns.

"I understand, I understand..."

At this moment, Yang Yuankai realized.

(End of this chapter)