Reborn since 1993

Chapter 615: Earning Money Without Going Away
Today is the day for members of Taishan Industry Research Association to gather, but the atmosphere is a bit depressing. In fact, in recent gatherings, the atmosphere of Taishan Industry Research Association is far worse than before.

In the final analysis, it is because several old brothers of Taishan Industrial Research Association, especially Lianxiang and Soitong, are not having a good time.

And every time they encounter Dongling Hi-Tech, Taishan Industrial Research Association feels a little embarrassed. Who could have thought that old news from a few years ago would be dug up again.

Bandai, which seemed hopeless to the outside world, suddenly made a comeback and started to reap US dollars like crazy.

At that time, Boss Liu commented on the investment in Dongling Hi-Tech in front of Lian Xiang's internal confidants, saying that it was not doing its job properly and that Dongling Hi-Tech was just fooling around.

Now, the acquisition that Boss Liu considered to be a waste of time has brought huge returns to Dongling Hi-Tech. Not only has the value of the invested equity increased threefold, but the Bandai shares purchased for US$300 million now have a market value of more than US$1 billion!

Moreover, according to Bandai's current revenue, it is very likely that the dividends paid to Dongling Hi-Tech every year will exceed tens of millions, or even hundreds of millions of dollars. This is all profit!
As long as Bandai is still making money, it has to pay dividends to Dongling Hi-Tech. How many companies in China dare to say that they can make hundreds of millions of dollars in net profit in a year? It’s hard to even think about it, but Dongling Hi-Tech may be able to get the dividends thanks to an overseas acquisition.

There are even rumors that Bandai may split off Pop Mart and list it separately in the future. If Pop Mart is also listed, Dongling Hi-Tech will have another listed company in its hands, and it will be listed overseas, so they will be profiting from the foreign companies.

"It's just a strange trick, a blind cat catching a dead mouse, it's based on luck, it won't last long!"

Every time Boss Liu saw news about Dongling Hi-Tech, he felt a little aggrieved and slammed the newspaper in his hand heavily on the table.

That being said, the idea from a few years ago was still spreading and growing in Boss Liu's heart like weeds.

Dongling Hi-Tech can make a lot of money by acquiring companies overseas, so can Lianxiang also do the same?

In recent years, mergers and acquisitions have continued to occur in the world's computer industry. Rumor has it that the veteran computer manufacturer DEC may be acquired by Compaq. Anyone with a discerning eye can see that the global computer industry is undergoing a major reshuffle.

Boss Liu also has ambitions. He even wonders if he can acquire those overseas giants, he can also become a world-class computer giant.

Boss Liu didn't dare to say this ambition out loud, but the news of Dongling Hi-Tech's acquisition of Bandai really stimulated him.

"Old Duan, I heard that there was some problem at Sitong?" Boss Liu asked Duan Yongji, the head of Sitong.

Everyone present today is a member of the Taishan Industrial Research Association, all of whom are allies who have sworn blood oaths and are close friends. Duan Yongji has nothing to hide.

"Something is not going well in Sitong!"

"It's the same old problem. I don't have the shares of Sitong. Now the share price is falling, and someone is making trouble again. It's mainly because of Lingyun Technology, which was founded by Wang Jizhi!"

When Duan Yongji mentioned Wang Jizhi, his former partner, his face looked unhappy. He really didn't expect that Wang Jizhi would come back one day.

The current market value of Solitaire is not low, 32 billion Hong Kong dollars, which is about million US dollars, but the stock price has continued to fall, which shows that both Hong Kong and overseas investment institutions are not optimistic about the future of Solitaire Group.

It seems that the Situng Group is still making money, and a lot of it. Typewriters are selling like hot cakes, and the sales of Compaq computers, which it represents, are also decent, especially workstation computers, which are selling very well and are purchased by many domestic research institutes and universities. Situng has also brought in a large number of foreign-funded companies.

We cooperated with Panasonic to establish a lighting appliance company, cooperated with Mitsubishi to establish a synthetic circuit integration company, and cooperated with TRW of America to establish a system integration company. These foreign-funded companies were all introduced by Soitong.

These things make the Soitong Group still look like the company that was once the largest technology giant in China, but it is not favored by the outside world.

Because, the real money-making business of Soitong now is still the typewriter business during Wang Jizhi's period.

As for the rest, whether it is developing cash registers, trying to develop printers, or introducing foreign capital, there is no return yet, and Sitong cannot guarantee when there will be a return.

But it is an inevitable trend for typewriters to be replaced by computers and printers. This is not just possible, but something that has already happened abroad!
In China, the reason why typewriters are still selling well is because they are cheap and people in China's fourth and fifth tier cities, counties, towns and other economically poor areas have no money to buy computers and printers, so they still need typewriters.

This can be seen from the fact that the main users of Sitong typewriters have changed from users in big cities such as Yanjing to users in small cities and counties.

Although Sitong's revenue can still be maintained, its profits cannot be concealed. When selling things in small cities, the price cannot be high, otherwise they will not be sold. This leads to Sitong's profits constantly decreasing.

When Boss Liu heard Duan Yongji mention Wang Jizhi and Lingyun Technology, he was silent for a while, because on the streets of Yanjing, there were more and more stores with Lingyun Chain Printing signs hanging on them that were visible to the naked eye!
Every time a Lingyun printing store is added, there will be one less typewriter customer for Sitong, which is undermining Sitong's foundation. Moreover, Duan Yongji heard that Wang Jizhi was still personally leading the research and development project at Lingyun Technology. He didn't know the specific project, but he could guess it blindly. Besides the project related to printers, what else could it be?
Situng was also developing a printer project, but was somewhat confused about the printer. Duan Yongji also knew that developing printers was the mainstream, but he didn't know when the development would be successful, and he was not an expert in the technology industry.

If it were a few years ago, when Wang Jizhi and other Situng technical experts were still there, Situng might have been able to test the waters, but in recent years, Situng has suffered from severe talent loss and its R&D capabilities are almost dispensable.

Moreover, if the research and development is successful, what will happen to the typewriter business? Soitong’s current profits are all earned from typewriters. Can it be abandoned just like that? Who would be willing to sell an old hen that is still laying golden eggs?

This dilemma has led to the current method for Situng to deal with Lingyun Technology, which is... just watch. What else can it do but watch? Is it really going to spend money to compete with Lingyun Technology to develop a printer first? That would be a huge risk!

"Lingyun Technology is also supported by Dongling Hi-Tech behind the scenes!" Boss Liu said with a sigh.

Duan Yongji and other members of the Taishan Industry Research Association all looked unhappy when they heard this name.

Boss Liu looked around, taking in the expressions of his allies, and recalled the glory days when they had established the Taishan Industrial Research Association.

Comparing it with the present, both Lianxiang and Soitong have suffered setbacks at the hands of Dongling Hi-Tech, but they have no idea how to deal with Dongling Hi-Tech.

Before, Taishan Industry Research Association wanted to suppress Dongling Hi-Tech, but now, let alone suppress it, it is a bit difficult to fight against Dongling Hi-Tech.

If this continues, Boss Liu doesn't know how long their alliance can last!
This time's Taishan Industry Research Conference started off well but ended badly. It didn't last long before everyone dispersed. Especially the two old brothers, Boss Liu and Duan Yongji, they were all full of worries and had no mood to sit here and drink tea and chat.

Just seeing Dongling Hi-Tech making huge profits from the Japanese Bandai Company made Boss Liu feel very uncomfortable. As I said before, for a sworn enemy, seeing the enemy making money is more painful than losing money yourself, especially when the other party makes hundreds of millions of dollars at a time. It's like all the delicacies from mountains and seas are tasteless in your mouth!

……

"Mr. Li, there are many toy OEM manufacturers out there who want to see you!"

"Focus Media also sent us a message. Many TV stations approached Focus Media and wanted to obtain the rights to broadcast Pokémon in China."

"There are also many distributors and agents who want to negotiate the agency rights of Pop Mart blind boxes!"

Li Dongling's assistant, Su Chicheng, came to Li Dongling's office and reported to Li Dongling.

After the news about Bandai and Pop Mart spread back to China, especially after hearing that Dongling Hi-Tech was Bandai's major shareholder, many smart people went straight to Hanxi, wanting to get a piece of the pie.

For those toy OEM manufacturers, getting an order from Bandai will mean a great year.

Various TV stations traded with Dongling Hi-Tech through their relationship with Focus Media because Focus Media had cooperated with the TV stations in variety shows such as "Super Girl". With this relationship, the relationship between the TV stations and Focus Media was naturally closer.

Li Dongling, who was processing a document, signed his name on it, looked up, and handed the document for distributing bonuses to Dongling Hi-Tech employees this year to Su Chicheng.

The Finance Department of Dongling Hi-Tech will calculate the amounts of dividends, year-end bonuses, etc. to be distributed to Dongling Hi-Tech executives and staff in various departments in accordance with the requirements of the document, and then purchase New Year prizes and the like.

Although there is still some time before the Chinese New Year, Dongling Hi-Tech currently has a large number of employees. The total number of employees in the three major Dongling Hi-Tech production bases in Pingyang, Yangcheng and Shanghai alone exceeds 65,000.

Dongling Hi-Tech also has branches across the country, overseas headquarters, offices, etc. It is impossible to wait until the last minute to deal with it. It is necessary to deal with it in advance and release the news to reassure the staff. If people are panicked for the sake of year-end bonuses and lose their will to work for Dongling Hi-Tech, it will be a loss.

"The copyright of Pokémon in Greater China and the business of Pop Mart will be handed over to Focus Media for management."

Li Dongling thought for a while and said that whether it is Pokémon or Pop Mart, both can create a small overlord company in the industry.

If any domestic company can get the Pokémon copyright, it will probably become a listed company. It can make money from TV copyright, licensing, and peripheral derivative products. It can make money almost without doing anything!

(End of this chapter)