Rebirth: Starting from the Cafeteria

Fan Shilun sat upright and answered quickly when he heard the boss' question:

"My basis is that the karaoke industry will definitely explode, and related equipment will be in short supply. It's just that it's too expensive to buy from Japanese companies. In the future, domestic equipment will definitely replace imported equipment."

Fan Shilun’s main consideration is cost. Equipment of similar quality would be much more expensive if purchased from Japanese companies.

At present, the domestic home appliance industry is on the rise. Through reasonable resource allocation, it is not difficult to produce karaoke equipment in China. Of course, the company will not do this directly, but will choose a potential company to invest in.

"Okay! I'll think about it."

Du Shaojie did not express his opinion on the spot. Once Liang Meiqin and Winnie's investigation results were out, he would appoint Fan Shilun as "Senior Business Manager" to be fully responsible for this matter.

After sending Fan Shilun away, Du Shaojie held a meeting and decided to conduct a financial audit of the company from that day on.

This is a normal procedure. Every year, the company will have several large and small audits. This is not a question of trust or distrust, but is determined by the corporate system.

"Boss Du, this is the investigation report. Boss Liang and I both think that the project proposed by Fan Shilun is feasible."

a few days later.

Winnie sent an investigation report to Du Shaojie and approved the suggestions put forward by Fan Shilun.

Du Shaojie immediately appointed Fan Shilun as senior business manager to be fully responsible for this project.

Fan Shilun immediately took his team to Shenzhen and began to contact several companies, and finally chose a company that produces audio-visual equipment. The company was not large in scale, but had good technical strength and was also interested in becoming bigger and stronger.

The negotiations between the two parties were divided into two parts. The first was the ordering of two sets of karaoke equipment, and the second was Dingxin International's investment in the other company.

After returning from Hong Kong, Du Shaojie communicated with Xu Bo and Pang Weidong and persuaded them to accept domestically assembled products. At this stage, it is not realistic to directly localize all products, which requires a gradual process.

"We will expand our business across the country in the future. We need to order a lot of equipment for karaoke bars. If the products assembled in the mainland can be used, we can save a lot of money."

Du Shaojie's reasons were very convincing, and both Xu Bo and Pang Weidong were moved.

Finally, everyone reached a consensus and decided to order two sets of equipment directly from a company in Shenzhen. This company was exactly the target that Fan Shilun was going to invest in.

To be honest, the technological content of karaoke equipment is not very high.

The company's technical personnel had previously carried out research and development. Through item-by-item procurement, they used domestic components if available and imported ones if not. They then successfully assembled the first set of karaoke equipment in the country.

After testing, all indicators of the equipment were found to be fully up to standard, and the product quality was not necessarily worse than imported goods, but the price dropped significantly.

When inspecting the goods, Xu Bo expressed his satisfaction.

During this process, Fan Shilun also reached an agreement with the other company, investing HK$500 million and acquiring 30% of the company's shares. Dingxin International does not participate in the operation, but will send people to supervise financial and other aspects.

There is still about HK$6000 million left in the company's (Hong Kong dollar) account.

"Ajie, you really know how to seize investment opportunities. How does the saying go? If there are conditions, we should go for it. If there are no conditions, we should create them and go for it. However, this is indeed a blessing for us. It can also reduce some costs when we continue to expand in the future."

Pang Weidong did not wait for the new store to open, and flew back to Beijing with Du Shaojie.

He felt that Du Shaojie's move was a stroke of genius and was good news for the entire karaoke industry.

"This matter was proposed by an employee of the company, and he is personally running it. So far it seems to be working well."

Du Shaojie chatted with the other party all the way, and after arriving in Beijing, they went back to their respective homes. Both of them had cars to pick people up directly at the airport, which was very convenient.

After returning home, Qi Yan, who looked a little bloated, asked the nanny to cook for the man. Because of her current mobility problems, her mother was almost inseparable from her, so the family hired a nanny.

The chef training school has been expanding, and Qi Yan is not idle.

After dinner, Du Shaojie accompanied Qi Yan for a walk outside. They chatted while walking and walked for more than an hour before returning home.

"I want to eat the white-cut chicken you made."

Qi Yan has a good appetite recently and has gained weight. However, she doesn't care about her figure at this time. She eats whatever she wants, all for the sake of nutrition.

She especially wanted to eat [boiled chicken] these days, and when her man came back, she talked about it.

"No problem, I'll make it for you tomorrow."

Du Shaojie smiled and nodded, then went to bed early after taking a shower.

the next day.

He and Zou Xiaohe went to the market to buy vegetables, selected the ingredients personally, and started working when they got home.

In addition to [Boiled Chicken], he also made [Hakka Stuffed Tofu], an innovative version of [Mapo Tofu], [Steamed Sea Bass] and a [Vegetarian Assortment] at noon.

Later, Du Shaojie had lunch with Qi Yan and his mother-in-law. He found that Qi Yan's appetite had increased a lot and most of the boiled chicken went into her stomach.

This was especially evident as her belly grew. "How did you make this [Mapo Tofu]? It's different from what I've had before, and it tastes delicious."

In addition to [Boiled Chicken], Qi Yan also likes to eat the innovative [Mapo Tofu]. Although Du Shaojie has made this dish many times, it was still in the research stage before, so he didn't share it with his family.

After such a long period of repeated polishing, the dish has basically taken shape. This is the first time he made it for his family.

"This is a dish I improved on myself. I added crab roe and crab meat to the tofu. If you like it, I can make it often."

Du Shaojie explained and then went to the yard with Qi Yan to exercise.

When the other party took a nap, he went out to the teahouse to find Pang Weidong. Pang Weidong called in the morning and said that there were some things he needed to talk about, so he arranged to meet here.

"Ajie, come and sit down."

Du Shaojie walked into the private room. Pang Weidong smiled and waved at him, so he walked over and sat down.

"What happened?"

After Du Shaojie sat down, he picked up the teacup, took a sip of tea, and then asked directly.

He and the other party had just returned from the south together. If there was nothing important, Pang Weidong would not be so anxious to meet him.

"It's about the karaoke bar. When we came back from our trip, there were three more karaoke bars in Beijing. These guys are so quick.

I think we should speed up our layout across the country. If we get up early and arrive late, won’t we lose a lot? "

It turned out that Pang Weidong had a sense of crisis. He was very concerned about the karaoke bar business. As soon as he came back, someone told him the news. He didn't sleep well last night.

"Okay, I have no objection. Let's discuss it with Mr. Xu later and start increasing capital and expanding shares. However, it would be better to let Mr. Xu come up with the specific plan himself, so that he won't have any ideas."

Du Shaojie felt that this matter was very simple, which was to quickly occupy the market by spending money.

By the time everyone starts to follow suit, I have already established myself and started to make a profit. By the time the first group of followers have tasted the sweetness, I should have made back my investment.

The next step is pure profit. Various marketing methods can be used in turn to strive to maintain a leading position.

When everyone rushes in, you can consider gradually withdrawing. At that time, you should quickly transform yourself into a "KTV". This is the benefit of one step faster and one step faster.

Du Shaojie briefly told Pang Weidong his ideas, and Pang Weidong was immediately stunned.

"Ajie, you are really this!"

Pang Weidong used to think that Du Shaojie's cooking skills were unparalleled and he had a deep understanding of the catering industry. Unexpectedly, he was actually a business genius, and the ideas he proposed simply amazed him.

After being stunned for a while, he gave Du Shaojie a thumbs up.

Du Shaojie smiled and waved his hand. He didn't think he was a "business genius". He just had a few decades more experience than others, and this was the key to his frequent brilliant ideas.

in the afternoon.

Du Shaojie called Xu Bo and put forward suggestions for extraordinary development.

Some time ago, Xu Bo learned a lot from Du Shaojie through casual conversations. His feelings were similar to Pang Weidong's. He admired Du Shaojie and obeyed his every word.

"Okay! You and Mr. Pang wait for me in Beijing. I'll go there in the next two days. We'll talk when we meet."

Xu Bo then rushed to Beijing, where he, Du Shaojie and Pang Weidong began to discuss the issue of increasing capital and expanding shares.

At this stage, karaoke bars are just starting out in China. If you miss out on this golden period of development, you will definitely regret it.

Xu Bo proposed to increase the capital in proportion, and he transferred 5% of the shares to Pang Weidong. This part of the shares had a certain degree of premium, but Pang Weidong didn't care at all. It didn't matter if he spent a little more money, he cared more about the shares.

As a result, the company's shareholding ratio became Xu Bo 60%, Du Shaojie and Pang Weidong 20% ​​each.

Then everyone doubled the investment according to their shareholding ratio. In addition, Pang Weidong, who had recovered, borrowed another sum of 5000 million yuan from the bank for [Yuedong Entertainment].

[Yuedong Entertainment] began to recruit a large number of employees with work experience, and 20 karaoke bars were opened in major cities, starting a rapid expansion.

With short time and heavy tasks, Xu Bo mobilized two shareholders, Du Shaojie and Pang Weidong, to go to various places to supervise the opening of new stores.

Du Shaojie took Wang Yongli, Zou Xiaohe and Zhong Qing to several major cities in central and southern China. While supervising the preparation and construction of the project, he tasted local delicacies and learned many local specialties in the process.

It is actually not complicated to set up a karaoke bar, it just takes some time to decorate it.

【Yuedong Karaoke Bar】 quickly spread across cities across the country and effectively occupied the market. However, the process was not smooth sailing, and they also encountered resistance from local forces in various places.

At this time, Xu Bo was extremely grateful to have found a partner like Pang Weidong. (End of this chapter)