Reborn since 1993

Chapter 616 Chips

Chapter 616 Chips
In the past, many listed companies in the domestic toy and game industry suffered huge losses every year, and only a few of them were able to make money.

And getting the agency rights for Pokémon in China means making money almost effortlessly, whether it's selling the broadcasting rights to TV stations, licensing Pokémon to clothing, toy, stationery and other companies, or jointly developing games with game companies, you can get huge profits.

In its previous life, Pokémon could earn more than 200 million US dollars a year in China. Not to mention its peers, even ordinary listed companies might not be able to surpass Pokémon in terms of profits.

Not to mention the Pop Mart blind boxes, holding this brand is equivalent to holding a gold mine. As long as they can continue to launch popular IP blind boxes, they can sell the blind boxes continuously in exchange for large sums of dollars!
Of course, whether it is Pokémon, or Bandai's Gundam, Dragon Ball and other action figures, except for a part of the products, which are produced by Bandai itself in Japan, most of the other orders are given to domestic factories for OEM.

As for Pop Mart, the Pop Mart business in China, Hong Kong and other places must be in the hands of its own people. If it is in the hands of Bandai and other companies, who knows how they will reap the profits in China!

The Pop Mart business in Greater China is operated by Focus Media and is watched by Tanglin Hi-Tech. At least it won't act recklessly, and the prices of blind boxes will not be driven up to the sky like in Japan, Siam and other places.

Now in Siam, Pop Mart blind boxes and Labubu figures are in a frenzy. Men and women on the streets of Bangkok hang the "little monster" Labubu figures on their bags and regard them as trends and fashion.

Even female members of the Siamese royal family and Siamese celebrities have started to own Labuboo figures, and they appear at events holding Labuboo.

Many Siamese companies have started purchasing Labub figures, dolls, clothing, etc. as employee rewards, and they have been very popular.

Even in Siam, there are scalpers. In order to get Bu Bu figures, they have started to deal in parallel imports. They buy them from Bandai stores in Japan and then sell them in Siam. After deducting the shipping costs, they still make a profit. You can imagine how expensive the scalpers sell them at.

The frequency with which Labub appears in Siamese media, TV stations, newspapers, and magazines is frighteningly high, because there is real traffic. Any newspaper that publishes Labub’s new IP story will sell well on the same day. How can other media choose?

The most exaggerated thing is that the people in Siam who gave blessings to believers by tattooing also came to join in the fun and developed the Labubu fortune-attracting tattoo in keeping with the times.

Since they can’t buy Labub, many people have started to tattoo Labub on their bodies, praying that Labub can bless them to get rich...

Pop Mart needs to enter the domestic market. The Pandora's box of blind boxes has been opened and the market has already appeared. If Pop Mart does not occupy it, other companies will take advantage of the opportunity.

However, the blind boxes in the domestic market must be controlled by our own people. If Pop Mart’s blind boxes, or the blind box market, are occupied by other brands and not in the hands of Dongling Hi-Tech, who knows whether the Siam-like craze will occur.

It is enough to cut foreign leeks. For the domestic market, Pop Mart can make money, but it cannot be as ruthless as cutting foreign leeks.

Li Dongling handed over the copyrights of Pokémon and Pop Mart in Greater China to Focus Media, hoping that Focus Media would have more bargaining chips.

Whether dealing with domestic TV stations or cooperating with overseas media and TV stations, the more chips Focus Media has in its hands, the greater the advantage it will naturally have in cooperation.

Minute Media is responsible for the publicity and sales channels of Dongling Hi-Tech. Li Dongling needs it to develop as quickly as possible so that it can bear more pressure for Dongling Hi-Tech.

Su Chicheng wrote down everything Li Dongling said. He knew that Focus Media, which had obtained the Greater China copyrights of Pokémon and Pop Mart, would probably make another leap forward in strength.

"Tell me about Li Yan. Ask him to come to Hanxi before the end of the year. There are things he needs to do!"

Seeing that Su Chicheng did not leave, Li Dongling, who was originally preparing to continue processing the documents, cast an inquiring look at Su Chicheng.

"It's from Torch Group. Torch Group sent a message, hoping that Mr. Li can go over!" Su Chicheng said to Li Dongling.

After hearing this, Li Dongling thought about it for a moment and roughly guessed what it meant.

"Tell me about Torch Group and I'll be there this afternoon!"

Torch Group is currently busy with several things, including developing Zorro brand metal retro lighters, continuously increasing lighter production capacity, and the last thing, filing an anti-dumping lawsuit against the Old European Lighter Association.

If there is a difficult problem, it is probably the last one. This is also the first time that China has filed an anti-dumping lawsuit overseas, and all parties are paying attention.

In the afternoon, after dealing with the affairs of Dongling Hi-Tech, Li Dongling and Yao Luoying, who was busy preparing for the listing of Feiyan Technology, had lunch together and then rushed to the Torch Group in Pingyang Shangguan Economic Development Zone.

Feiyan Technology will be officially listed on NASDAQ next month. All the senior executives of Feiyan Technology are very busy, constantly traveling between Hanxi and New York.

When Feiyan Technology goes public, it will become the second listed company under Dongling Hi-Tech after Bandai, and it will be Dongling Hi-Tech that personally listed it on the Nasdaq!
However, after Feiyan Technology goes public, the relationship between Li Dongling and Dongling Hi-Tech and Feiyan Technology will be reduced. After all, it is impossible to cut the leeks in front of them.
When Feiyan Technology goes public, it will definitely find ways to raise its market value, and then before the Nasdaq Internet bubble bursts, Dongling Hi-Tech will cash out a sum of Feiyan Technology's shares.

Not only Feiyan Technology, but also Yahoo, also needs to take it slow and slowly cash out Yahoo's shares when it approaches the highest point. Of course, this takes time and cannot be rushed.

When Li Dongling's car arrived at Shangguan Economic Development Zone, it was still a large construction site, but the newly built road was obviously better than that in the main urban area.

Passing by cars loaded with lighters, he entered the Torch Group. Having not been here for a while, Li Dongling felt that the current size of the Torch Group had expanded compared to what he had seen before.

Li Dongling came to the office building of Torch Group. There was also an office here with Li Dongling's name on it. Li Dongling was also a member of the board of directors of Torch Group and one of the major shareholders.

Zhang Xiaocheng, general manager of Torch Group, was talking to someone in the office. When he heard what his assistant reported, he immediately stood up and the sadness on his face dissipated a lot.

"Please invite Mr. Li in!"

When Li Dongling went in, Zhang Xiaocheng and another person stood up.

"Brother Li!"

"Mr. Li!"

Li Dongling and Zhang Xiaocheng are old friends. When he established Dongling Hi-Tech, he made his first pot of gold by cooperating with Zhang Xiaocheng. The two have known each other for many years, so there was no need for so much courtesy and they just nodded.

Although Li Dongling had not dealt with the other person much, he knew him. "Congratulations, District Chief Qi!"

"Sit down, we are all family, there is no need for so much courtesy. Lao Qi and I have been on the battlefield together. This time Lao Qi has been transferred up, and we will have dealings with each other again in the future.

When I was working on the satellite dish project, I was short of money, and it was Lao Qi, the deputy mayor of Shangguan Town, who helped me raise the money from the town government office!"

Zhang Xiaocheng looks like a rough man, but he is a meticulous person. He made his relationship with Qi Ming clear without making any expression.

"Don't dare take it!"

Qi Ming shook hands with Li Dongling and said, "Shangguan District will continue to cooperate with Dongling Hi-Tech and Torch Group in the future!"

Torch Group has become the most important company in Shangguan District. The entire Shangguan District can be said to have risen because of the Torch Group. The new head of Shangguan District must maintain a relationship with the Torch Group. There is no more suitable candidate than Qi Ming.

In addition, Qi Ming's selection means that he has also joined Yao Zhengru's camp, and Yao Zhengru has already begun preparing to transfer out of Pingyang.

Although Dongling Hi-Tech is still there, after Yao Zhengru leaves, his successor, as long as he is sane, will not easily touch the major projects promoted by Yao Zhengru, but Yao Zhengru still has to leave some backup plans just in case.

Qi Ming was promoted by Yao Zhengru in order to ensure that the policies and projects he implemented in Shangguan Economic Development Zone could continue to be completed.

As a certain TV series said, subjectively, there is indeed no Yao Family Gang in Pingyang, but objectively, it may exist.

Qi Ming, who shook hands with Li Dongling, especially Yao Zhengru's current secretary Chen Linfeng, including Gao Tianqing from the Gao family and others, as long as they pay attention to those who work in Pingyang Municipal Government, most of them will classify these people as people in Yao Zhengru's camp.

Not only in Pingyang, but even in the provincial capital, there are rumors of a Pingyang camp. In the provincial government, many people were promoted because of Pingyang's political achievements. Does anyone believe that they have nothing to do with Pingyang?
After Li Dongling and Qi Ming shook hands, they nodded slightly. If nothing unexpected happened, after Yao Zhengru was transferred away from Pingyang, Li Dongling and Qi Ming would probably have to deal with each other for many more years.

"I came here this time for the Torch Group's Phase III project!"

After sitting down, Qi Ming spoke first, "It's just that Lao Zhang seems to have encountered some troubles!"

"The Old European Lighter Association and those old European lighter manufacturers like BIC are not willing to talk to us at all!" Zhang Xiaocheng said with a little depression.

(End of this chapter)

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like