Rebirth: Starting from selling water to become the world’s richest man

"Mr. Li, I don't know if you know anything about the emerging industry of VCD?" Looking

at Li Shanshan's young face, Jiang Wanmeng's heart was not as calm as it seemed.

He really didn't expect that the owner of Longshan Spring Company, which has recently become popular in the country, actually looks younger than himself, which makes him a little worried, afraid that the other party does not understand the VCD industry he said.

You must know that Jiang Wanmeng is not simple, in 1992 he was still working in the TV station, because of a chance, was sent to the United States to participate in the international radio and television

technology exhibition, at this exhibition, he noticed that a company called C-CUBE in the United States has an MPEG decompression technology.

Intuitively, he immediately thought that using this technology could store images and sounds on a relatively small optical disc, which meant that he could create a high-quality audiovisual product at a low price.

In this way, he and Sun Yansheng, the chairman of C-CUBE, hit it off and jointly founded Wanyan Company, whose name is a character from the names of Jiang Wanmeng and Sun Yansheng.

In 1993, Wanyan Company was established, the first batch of 1,000 VCD machines as soon as it was put on the market was sold very hot, this year he was just thirty-three years old, it was also the most beautiful year of his life

, "Mr. Jiang, I admire that you can think of applying MPEG (image decompression) technology to audio-visual products to create the world's first VCD, this product will definitely change the way people entertain in the next ten years." Li

Shanshan still admires this kind of truly technical talent, especially if the other party has created a new industry, and this innovative spirit is worth learning.

After listening to his words, Jiang Wanmeng's heart was very excited, to know that there are really too few people who can understand this technology in this era, and for him there is a feeling of being in a foreign country.

Jiang Wanmeng's visit to Longshan City this time is mainly because the company has invested the initial funds in research and development, and now urgently needs to invest another amount of money to expand production.

He can guarantee that as long as he invests another amount of money, the business will continue to be profitable in the future, but the local bank is not willing to give him a loan.

In desperation, he came to Longshan City, wanting to borrow some money from the bank by virtue of his relationship with Tang Zeguo, using the authority of the number one in Longshan City.

But it backfired, Tang Zeguo did not understand this technology and was not willing to take risks, so he found Li Shanshan and wanted to ask Li Shanshan if he was willing to invest.

"Mr. Li, to tell you the truth, at present, our company's development has encountered difficulties, and we need a fund to continue to expand production.

Jiang Wanmeng said this a little hesitantly, but gritted his teeth and continued: "I don't know if you have any ideas to invest in us, I guarantee that you will definitely make a profit in the future."

After that, Jiang Wanmeng took out a piece of information from the briefcase he was carrying with him and handed it to Li Shanshan with both hands.

Li Shanshan took a look, this is a "Wanyan Electronics VCD R&D Feasibility Report", this report lists some market research data.

At present, in the domestic market, the sales of audio is 1.42 million units, the sales of video recorders are more than 1.7 million units, the sales of LD DVD players are 1 million units, and the sales of CD laser disc players are more than 1.6 million units, and VCD has all the functions of the above products, and the price is cheaper than these products.

An LD disc sold for four or five hundred yuan at that time, while a VCD disc only sold for forty or fifty yuan, from which it can be inferred that the annual sales of VCD machines in the future will reach at least 2 million units.

Li Shanshan took a brief look at the feasibility report, and then closed his eyes and pondered.

According to the memory of past lives, VCD has developed faster than expected in this decade, as long as the companies that invest in the production of VCD have made money.

However, what is more strange is that the inventor of VCD, Wan Yan Company, not only did not make money, but changed from a "pioneer" to a "martyr", and its market share fell from 100% to 2%.

There are many reasons why Wanyan VCD is not profitable, on the one hand, because there are too many domestic pirate companies, they manufacture their own VCD products by studying Wanyan prototypes, because there is no upfront investment cost, so they can occupy the market through low-price strategies.

Another aspect is Wanyan's own problems, including low production efficiency within the company and irregular management systems.

Li Shanshan wants to help this company, after all, this is the only electronic brand independently founded by Huaxia people, and it is also the only opportunity for Huaxia to lead the world in the field of consumer electronics at the end of this century.

Li

Shanshan thought for two minutes, suddenly opened his eyes, looked at Jiang Wanmeng and asked: "How much money do you need?" Listening

to Li Shanshan ask about the money, Jiang Wanmeng felt that there was a drama, so he hurriedly said: "Now we only need 20 million, we can quickly expand the production line, thereby reducing production costs."

"In this way, I propose to set up a Longshan Wanyan electronic product company in Longshan City, of which I contribute 30 million yuan, accounting for 80% of the shares, and your technology is invested in the shares, accounting for the remaining 20% of the shares, what do you think?"

After careful consideration, Li Shanshan decided to cooperate in the form of a joint factory.

In this way, as a major shareholder, Wan Yan can avoid detours, let Wan Yan, the creator of the world's first VCD, regain brilliance, and let Huaxia's electronic products export to the world in the future and become the formulator of this industry, not just a participant.

"This..." Jiang Wanmeng didn't expect Li Shanshan's courage to be so great that he would invest 30 million yuan to set up a factory.

It has to be said that the idea appealed to him.

"Mr. Li, please wait a moment, I will contact the rest of the company here. After that, Jiang Wanmeng hurriedly walked out of the office and called.

At this time, Tang Zeguo was dumbfounded on the side, and it had not been ten minutes since Li Shanshan entered the house, and he directly decided to invest 30 million yuan to build a factory, which is also too rich.

"Sparkle, are you so optimistic about this industry?" Tang Zeguo felt that he still needed to remind him, after all, this is not a small amount.

"Uncle Tang, don't worry, I won't do loss-making trading.

Li Shanshan is very clear that the next few years will be the golden period of VCD development, as long as the company has its own control, it will definitely make money, and the 30 million invested by himself will inevitably return to its own "pocket" at that time.