Chapter 250 Investment in the Electronics Industry and Visit to the Bai Family

Chapter 250 Investment in the Electronics Industry and Visit to the Bai Family

Chapter 250 Investment in the Electronics Industry and Visit to the Bai Family
"Honor!" Wang Zhiqun thought about it and said, "It's really good. This name is not bad in Chinese or English, and it's even good in those minor European languages."

"I have arranged for a lawyer to register the global brand trademark." Yang Wendong said: "Next, it's up to you to decide on the initial team as soon as possible."

Wang Zhiqun added: "Okay, next year's Spring Festival is on February 2th, and I will resign from the American company as soon as possible before the 4th. I can complete the entry procedures, but I still need to stay in the United States for a while.

One is to find the right team, and the second is to find the right transistor equipment. There should be many manufacturers in the United States who want to move their production lines out of the United States or sell them. "

"Transistor production line?" Yang Wendong thought for a moment and said, "You should focus on investigating Fairchild Semiconductor. This company is said to be seeking to move its production line out of the United States."

"Fairchild Semiconductor? Good, this company is very famous in the United States." Wang Zhiqun nodded and said.

"In addition," Yang Wendong asked again, "please help me check the information of all employees in this company, especially those high-tech personnel."

"Sure." Wang Zhiqun asked in confusion, "Mr. Yang, do you want to poach these people? I'm afraid it's a bit difficult."

"I'm not going to poach them. I have other uses for them." Yang Wendong didn't explain much, and said, "Let's check the specific information first."

Fairchild Semiconductor is the Huangpu Military Academy of the American electronics industry. Many future technology giants were founded by employees of this company who left to start their own businesses.

The most famous one is Intel.

Once this kind of electronic high-tech company becomes famous, the possibility of investing in it is almost zero, but in the early stages when it is still small, the success rate is much higher, just like Walmart.

However, the difference is that after all, it is a high-tech company. Even if an investment is successful in the early stages, when a company like Intel becomes bigger and stronger, it will not allow a Chinese to hold a huge stake.

But no matter what, you should invest first when you have the chance, and then reduce some of your shares later. Even if you sell them early, you can still make many times the money.

This was also my earliest investment intention in the electronics industry.

Wang Zhiqun didn't ask any more questions and agreed, "Okay, I'll go investigate."

After chatting for a while, they had lunch together and Wang Zhiqun said goodbye and left.

Wei Zetao said with a smile: "Mr. Yang, Mr. Wang has a lot of connections in the United States. With him joining us, we will definitely be able to build the framework of Honor Electronics in a short period of time."

"Well, the most important thing is to make the transistor." Yang Wendong nodded and said, "If we have our own transistor, it will be much more convenient to make many electronic products in the future."

Although transistors are not the only core components of electronic products, they are also the most important and are the foundation of the electronics industry.

Just like chips in the previous life, even though the mainland had a large market and many electronic product production lines in the early days, chips had to be imported. This led to more than half of the profits in the most important mobile phone industry being earned by a few chip companies such as Qualcomm.

Qualcomm even reduces its supply to some domestic mobile phone factories at will, causing artificial production capacity constraints. This is completely the supplier taking advantage of the customers, but they have the ability to do so.

"Mr. Yang is right." Wei Zetao said with a smile.

"Okay, there's no rush for electronic products. Let's discuss it after the New Year." Yang Wendong asked again, "Have you prepared all the year-end gifts for employees?"

"It's ready." Wei Zetao said: "Whether it's workers in Tsim Sha Tsui or Kwun Tong, regardless of working hours, as long as they are on duty, they can get our New Year goods.

They are a barrel of oil, a bag of rice, and 5 kilograms of bacon. They are all stored in the cold storage here and will be distributed to the workers before the Chinese New Year so that everyone can have a good year. "

"What about the employees of the supplier here?" Yang Wendong asked again.

In Changxing Industrial Park, there are not only factories of Changxing Industry, but also factories of its own suppliers.

Wei Zetao replied: "Their workers also have them. I gave the order and the bosses naturally agreed. Compared with this expense, their profits are much greater.
If they are unwilling to give up even this, I will have to consider the issue of long-term cooperation with them."

"Well, good." Yang Wendong nodded: "Let the workers have a good New Year. When the production capacity is fully increased next year, we will work together to improve the quality and production capacity. In this way, Changxing Industrial's profits will increase significantly, and it will be much more convenient for me to do many things here."

Today, he has many industries, including real estate and shipping, which are both of considerable size. However, they are still in the early stages and do not have sufficient profitability. In other words, even if they can make a profit, it will be difficult to spread the huge cost of the initial investment in a short period of time.

From the beginning to the end, it has always been Changxing Industry that has been able to bring huge profits to the entire Changxing Group. Even the future Honor Electronics may not have strong profitability in the early stages.

Previously, due to the dispersion of supply companies in the industrial chain, inconvenient management and production capacity issues, Changxing Industry did not expand too fast even if it had orders. Now, the 10,000-person industrial park can solve this problem well.

Theoretically, by next year, Changxing Industrial's profit level will inevitably increase significantly, which will be more conducive to Changxing Group's expansion in the real estate and shipping markets.

"I understand." Wei Zetao said.

He also knows his boss's strategy. In addition to being truly good to employees, another aspect is to consider improving employee motivation.

Especially for our own company's products, which are relatively high-end and mainly exported, the quality requirements are particularly high. This requires the participation of all employees to avoid defective products from reaching customers as much as possible.

To achieve this, all employees must actively participate in quality control, including those on the production line. To do this, they naturally have to truly consider the company.

Of course, the company also rewards every employee who finds a problem.

From the spiritual to the material, it has everything you need.

The time soon came to July 1962.

January 1, Qingshan Road, Zhile Villa:

A Mercedes-Benz sedan drove in along the path under the guidance of the security guard.

In the car: Yang Wendong said while driving: "Yushan, your neighborhood is really good, much better than where I lived in Tsim Sha Tsui before."

The Yang family naturally no longer lived in the villas they had bought a long time ago, but they still left them to Zhao Liming and Lin Haoyu as a reward for the founding fathers.

Bai Yushan smiled and said, "Of course. This is Hong Kong Island after all. There are many rich people and many different villa areas. Kowloon has only recently developed."

Yang Wendong said, "That's true, but the economy in Tsim Sha Tsui is getting better and better. Maybe one day it will reach the level of some places in Hong Kong Island."

"Really?" Bai Yushan was a little curious, and then asked, "Is it because of your factory? I heard that the tax revenue in Tsim Sha Tsui increased by 30% last year compared to the year before. Is it all because of Changxing Industrial?"

“Haha, it’s not that exaggerated.” Yang Wendong smiled and said, “Maybe 20% is due to Changxing Industrial, and the remaining 10% is because the economy of Tsim Sha Tsui itself is developing very fast.” Although the scale of Changxing Industrial’s factory in Tsim Sha Tsui is not as large as the 10,000-person industrial park in Kwun Tong, it also has a workforce of four to five thousand. Post-it notes, mouse traps, etc. are all produced in Tsim Sha Tsui.

It’s just that because the most core material, paper, is all imported, the impact on surrounding industries is not as great as that of plastic products, but the impact on the economy is still extremely strong.

"I feel like you're just showing off on purpose." Bai Yushan said after a while, "Go right, No. 16 is my home."

"I see it." Yang Wendong turned the steering wheel slightly to the right, and after straightening the car, he saw another "Bai Yushan" waiting outside a villa.

After the car parked and Yang Wendong stepped out, Bai Yujie stepped forward and said with a smile, "Welcome to my humble abode, 'The King of Post-it Notes'."

Yang Wendong said with a smile: "If this is your humble abode, then there will be no good houses in Hong Kong."

Bai Yujie said: "That's not the case. Your villa halfway up the mountain is much better than ours."

Yang Wendong smiled and said, "There aren't many mid-level villas in Hong Kong. If you like, you can go there for a few days."

Bai Yujie said, "That's great. I'll go and have a look when I have time."

"Okay." Yang Wendong naturally didn't care. There was really no shortage of vacant houses in the villa halfway up the mountain.

Bai Yujie said again: "Let's go in."

"Yes." After Yang Wendong agreed, he took out some gifts from the trunk, all of which were nutritious supplements.

These things are popular among wealthy people in Hong Kong as gifts, especially among affluent families. After all, ordinary, vulgar things of high value have little meaning.

When they arrived at the yard, they saw a middle-aged man, accompanied by a middle-aged woman of similar age, and a young woman with a big belly, about 30 years old. She should be the "Second Mother" that Bai Yushan mentioned.

Bai Yushan introduced: "Brother Dong, this is my father, mother, and Aunt Yun."

"Hello, Uncle Bai, hello, Aunt Lin." Yang Wendong greeted them with a smile. He already knew that the father of the Bai Yushan sisters was Bai Qiwen and their mother was Lin Yumei.

As for Aunt Yun, he just nodded politely.

Bai Qiwen said with a smile: "Haha, I'll call you Adong. Come on, come in and sit down."

Lin Yumei also accepted the gift with a smile, and then said, "Why do you come if you want to? Why do you bring a gift?"

"Just for your consideration." Yang Wendong said with a smile, "Something to nourish the body."

Afterwards, several people went into the house, and the Bai sisters took Yang Wendong around the house.

"You two are in the same room?" Yang Wendong asked in surprise.

Bai Yujie said, "Yes, we have slept together since we were young. Our family was not very rich at that time. Later, our business became better and we had an empty room, but we still got used to sleeping together."

"Oh." Yang Wendong didn't say anything else.

Girls have an advantage in this regard. For example, two girls can hold hands while shopping, and they can hug each other when they are happy or unhappy.

If it's a man, it's too eye-catching.
After that, it was naturally a normal family dinner and normal chatting.

The Bai family's food was good. They had a special chef to cook, and with the constant politeness, Yang Wendong was very full.

After that, we continued chatting, but in a different location, on the balcony on the third floor of the Bai family villa. There was a solarium above it, which was made entirely of glass and allowed the sun to shine in during the winter, which was very comfortable.

A few women were chatting about something on one side, and on the other side were Bai Qiwen and Yang Wendong. They were eating strawberries and chatting, and they came to the common topic of real estate.

"Why doesn't Uncle Bai invest in real estate?" Yang Wendong asked curiously, "It may take a year of hard work to do renovations, but it's still not as good as buying some properties and waiting for them to appreciate in value."

Bai Qiwen nodded and said, “Yeah, let me tell you a joke. In order to do the decoration business here, the department responsible for the residential business will buy a small house in each community, and then visit other owners as the owner, and then discuss business cooperation, which has a higher chance of success.

Then in the past few years I realized that the total money I made from the renovation business I received in this community might not be as much as the appreciation of this house.”

"Yeah, it's a bit outrageous, but that's the reality," said Yang Wendong.

The growth of Hong Kong's real estate market in recent years is not much different from that in the 80s and 90s. The reason why it was not well-known in the past was that Chinese capital at that time was in the accumulation stage and nothing major happened.

Many small people also made their fortunes through real estate;

Of course, countless companies went bankrupt in 66, but the few who survived will achieve greater success in the future.

Bai Qiwen added: "I actually participated a little bit. In the past two years, I used the money I earned from renovations to buy some shops in Hong Kong Island. However, I didn't have enough funds, so I only bought more than a dozen."

Yang Wendong thought for a while and said, "In fact, you can consider going to places like Tsim Sha Tsui and Kwun Tong. Although they are not as good as Hong Kong Island, they have not been developed for long and have greater growth potential than Hong Kong Island."

After a place's economy develops, real estate in the urban area will naturally appreciate, but due to the high base, the growth rate is still lower than that of the previously poorer suburbs.

"Well, I can consider it." Bai Qiwen nodded and said, "But I still have to do the decoration. This is my career. I have hundreds of brothers who rely on me for food."

"Of course." Yang Wendong said with a smile, "We all fought together to conquer the world, so we have to take care of each other no matter what."

Many of Hong Kong's wealthy people made their fortunes in real estate in the later period, but unless they had to, they continued to do their previous businesses in order to support their previous employees, even Li Jiacheng was like this.

Yang Wendong will naturally do the same. Even if Hong Kong's industry is relocated in the future, he will not be able to continue to support tens of thousands of people, but he will definitely find ways to help most people find reemployment.

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(End of this chapter)