Video Game Empire

Chapter 144: The rapidly rising "Oriental" (2)

Li Xuan greeted the other party with a smile, held the hand of President Peng Fei with both hands enthusiastically, and said, "President Peng, hello!"

"You Dongfang Electronics has been booming in business recently. Do you have any secrets? Let's learn it too!" Peng Fei sincerely praised. 【First Release】

"The industries our company is involved in are all emerging industries, the market is maturing rapidly, and the competition in the industry is not too fierce. And we have just developed a few star products, so that we can achieve fairly good results!" Li Xuan explained.

Sales of 300 million a month are 3.6 billion Hong Kong dollars a year, equivalent to 720 million US dollars. As of the end of last year, China's foreign exchange reserves were only 840 million US dollars, only slightly higher than the annual sales of a company called Dongfang Electronics.

But in the eyes of others, this is just not bad, Peng Fei couldn't help feeling a little ashamed in his heart. The bosses of domestic export companies, who can earn one million dollars a year in foreign exchange, think that they are not arrogant, and dare to beat the table with the mayor and the secretary of the municipal party committee.

Looking at the young man with a flat tone and no arrogance in front of him, Peng Fei smiled bitterly in his heart. I am afraid of comparison in everything. Only a comparison can show the gap between myself and others. Li Xuan is not afraid of honor or shame, and it is the bearing of a real big entrepreneur.

After the establishment of diplomatic relations between China and the United States last year, the blockade imposed by Western countries on China has been slightly relaxed, and China has purchased a large amount of advanced equipment from abroad this year, resulting in a very large trade deficit. It is said to have reached the point where some of the gold reserves need to be sold to balance the foreign exchange deficit.

In this year's Canton Fair, the state has issued a death order for foreign exchange earning to all participating delegations. However, among the products that China can export to earn foreign exchange, except for oil and industrial and mining rare metals, other commodities are not very competitive internationally. We can only rely on government paving to lower export prices and attract foreign businessmen to place orders.

Especially the electronics industry. Most of the products sent by state-owned factories are backward in performance, rigid in design and bulky, making it difficult to win the favor of foreign businessmen. And the company in front of this young man. Every product sells well in Europe and the United States, and the supply is in short supply.

Despite the fact that the Guangdong Fair has a turnover of several billion US dollars every year, the actual profit created is actually very low. More companies will not hesitate to lose money in order to obtain foreign exchange. So you can fully imagine how jealous President Peng Fei is towards Li Xuan and Dongfang Electronics. If such a high-tech enterprise can invest in the mainland, it is bound to create a steady stream of foreign exchange income for the country.

"Your company's newly developed computer has excellent performance. Our branch has received many domestic faxes, asking us to collect the information of your company's computer. But here I am. I will also give you 'Xiao Lisheng' for domestic customers. Some comments. Your company's computer does not have a Chinese interface, which makes it difficult for people with poor English skills to use it! Dongfang Electronics, as the pride of a Hong Kong enterprise, should pay more attention to the development of the Chinese market!" Peng Fei told Li Xuan Shaking his head said.

The computer that just went on the market not long ago is extremely popular in domestic universities and research institutes. Many units who cannot afford a minicomputer simply buy a few -2 computers and make do with it. It is said that the effect is not bad.

Li Xuan nodded and said with deep appreciation: "We have also noticed this problem, and the Taipei Research Institute of Dongfang Electronics is speeding up the development. A systematic Chinese solution, including supporting computer Chinese cards and Chinese input methods, etc. , and is expected to be available soon!”

Previously, the company focused all its energy on English-speaking markets such as the United States and the United Kingdom. Naturally, the small market of Chinese cannot be taken into account for a while.

Even if this issue is taken into account now, it is still in business, giving priority to the Hong Kong and Taiwan markets with stronger spending power. The Chinese solution developed is definitely the traditional Chinese version. As for the simplified Chinese version applicable to the mainland, the time will be pushed back.

"Your game consoles are also very good, but the price is too expensive! I bought one of your handheld game consoles for my grandson. It costs half a month's salary!" Peng Fei said with a painful expression.

Peng Fei had specially disguised himself before entering a game hall to experience what an arcade game was. But he wasn't impressed with this noisy thing. I really don't understand why Yankees and Japanese devils like it so much!

"The main reason is that the manufacturing cost of game consoles is too expensive. In fact, our profit on it is very thin, mainly relying on small profits but quick turnover, and out of shipments!" Li Xuan explained patiently.

What Peng Fei said is actually a bit exaggerated. At his administrative level, he can receive a salary of two or three hundred RMB per month, which can be exchanged for about one thousand Hong Kong dollars at the exchange rate of the People's Bank of China. Including various subsidies, his monthly income can reach more than 1500 Hong Kong dollars, and it is not a problem to buy a game that sells for 100 Hong Kong dollars.

But for the ordinary staff of Xinhua News Agency, their salary is certainly not as high as Peng Fei, the bureau chief. This is still a subsidized expatriate, and the income of domestic employees is lower. According to data collected by Dongfang Electronics, the average monthly salary of urban employees in mainland China last year was less than 40 yuan. Therefore, the appeal of the mainland market to Li Xuan is very limited.

Not only the mainland market, but even the Hong Kong market, the game's price of HK$100 is not too low for ordinary working class. The average family rarely spends a few days' wages to give a child a game console. Therefore, the main sales groups of game in Hong Kong are young white-collar workers and wealthy families, and the sales situation is far less popular than that in the United States and Japan.

The banquet officially started during the speech. First, Mr. Huo Yingdong, the chairman of the General Chamber of Commerce, went up to make a toast. The main purpose of this banquet is to invite everyone to go to Guangdong to participate in the upcoming Autumn Fair at the end of the month.

"Xiao Lisheng, are you interested in going to the mainland to invest and start a business? We very much welcome a powerful company like Dongfang Electronics to participate in the country's modernization construction. China has the largest population in the world, and the future market prospects are very broad!" Peng Fei After a round of exchanges in the venue, he returned to Li Xuan and invited him with a smile.

"President Peng, to tell you the truth, Dongfang Electronics has the ambition to be a research-based innovative enterprise. In the future, it will not invest in industry on a large scale, but will continue to implement the current foundry model and support other electronics companies in Hong Kong to complete product production on their behalf. !"

Li Xuan said sincerely, "I am optimistic about the future development prospects of the mainland, but our current market is still mainly in Europe and the United States! If we move the manufacturing plant to the mainland, when the core components such as processor chips are imported into the mainland, we need to Report to Batumi for approval, which will greatly affect the production efficiency of the factory!"

Peng Fei said thoughtfully: "Li Sheng, your concerns are all right! But I believe that with the thawing of Sino-US relations, the West will know more and more about China. The Chinese people love peace. , willing to communicate and cooperate with people from all over the world in a friendly way. I believe that the discrimination and blockade against China by organizations like Batumi will become less and less!"

With the accelerated pace of reform and opening up in the mainland, the northward shift of Hong Kong's industry is also beginning. Li Xuan is naturally aware of this. It is an inevitable trend for companies to move factories from high-cost places to low-cost places.

With the gradual growth of Dongfang Electronics, it has also driven the development of a large number of electronic enterprises in Hong Kong. According to Dongfang Electronics' own statistics, there are already thirteen local companies that are directly and deeply related to Dongfang Electronics, and there are as many as 100 related companies derived from these companies.

Among the monthly output value of Dongfang Electronics, a large part of the raw materials are supplied by Hong Kong enterprises. After several levels of decomposition, the orders placed by Dongfang Electronics were digested by these more than 100 enterprises.

The term "Oriental Department" in the opinion of Dongfang Electronics only includes the subsidiaries directly controlled by Dongfang Electronics, such as Dongfang Games, Dongfang Software, Aikang Computer, Dongfang Laboratory, and Computer Garden.

In the eyes of outsiders, Lu's Electronics (supplying display screens and monitors), Sino-Sino Electronics (supplying electronic components), Jiekang Electronics (manufacturing handheld computers), Chuangda Electronics (manufacturing some computers), supported by Li Xuan ) and more than a dozen companies that rely on Dongfang Electronics' orders to rise rapidly are considered to be important members of the "Eastern Department". At a deeper level, the supply companies associated with these companies have actually participated in the production chain of Dongfang Electronics and benefited from the growth and development of Dongfang Electronics.

A clear example of the growing influence of "Orientalism" is the fact that the Federation of Hong Kong Industries has just completed its annual general meeting. The fifth group under the Federation of Trade Unions is the electronic products group. They have their own sub-association, the Hong Kong Electronics Association, and the former chairman of the Electronics Association is Chairman Huang Zhixin of VTech.

However, Chairman Huang voluntarily chose to resign before the conference, and Han Peng, the CEO of Dongfang Electronics, became the chairman of the Hong Kong Electronics Association with absolute votes. At the same time, he was directly added as the vice-chairman of the Federation of Hong Kong Industries. The Hong Kong Productivity Council also recently appointed Li Xuan and Han Peng as the vice-chairmen and directors of the Hong Kong Electronics Industry Development Promotion~www.readwn.com~ The development of the industry has created Hong Kong's status as one of the "Four Asian Tigers". However, among the thousands of industrial enterprises in Hong Kong, there are very few enterprises whose annual output value can exceed 100 million yuan.

It can be said that the rise of Dongfang Electronics has given all Hong Kong industrial colleagues a booster, not only real estate developers who build high-rise buildings and bankers who open banks can become billionaires.

Li Xuan left early after staying at the banquet for half an hour. The reason why he came to attend was just to show his attitude. Although Dongfang Electronics has not joined the Chinese General Chamber of Commerce in Hong Kong, it does not exclude exchanges and cooperation with the mainland, but the current conditions are immature.

Li Xuan and President Peng Fei also talked very happily at the reception. Although Dongfang Electronics will not go to the mainland to set up a factory for the time being, it is willing to support other companies with cooperative relations, such as Lu's Electronics Co., Ltd., Xinnuo Electronics Co., Ltd. and other enterprises to invest in the mainland. , and is also willing to provide them with necessary assistance in securing loans from Hong Kong banks. (To be continued..)

ps: Where is the monthly pass? I am calling you! Dear book friends, look through your pockets, maybe there is a monthly ticket you forgot to vote for!

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