The Industrial Giant Reborn

Chapter 35 Business Progress (2)

Although in the long run, it is very unlikely that your own manufacturing base can be resident in Hong Kong, but you still need to invest. While Hong Kong still has a certain manufacturing base, you need to lay the foundation well. Wait for the reform and opening up of the northern mainland, and then build its own manufacturing industry group there.

Besides, there is no loss in large-scale expansion in Hong Kong now. As long as the land is needed, if you buy it now, you may earn more than the manufacturing itself in ten years.

However, Lei Shengli is in charge of the electronics company, so there is no need to tell him too much about real estate, so he continued: "You also know that I plan to use fans to open up many markets, and the cost of this area must be controlled. One piece, we can do it ourselves, but the motor is not enough, so I need to invest in a new production line to specialize in motors.”

"Motor? That's okay. We also have motors in our refrigerators and air conditioners. If we can make them ourselves, it will indeed save a lot of cost." Lei Shengli thought for a while and said.

"Don't think about air conditioners and refrigerators, it's good to make electric fans first." Chen Zhiwen said with a smile, he is going to rely on fans to open up the electrical industry market, and the cost must be kept to a minimum. There is a market for plastic parts and a market for motors. These two basically account for 90% of the cost of the fan. There is no need to produce other buttons, small metal plug-ins, wires, etc. by ourselves.

Once you have a certain understanding of the motor industry, you can re-produce motors for air conditioners and refrigerators, and even go out and sell motor products to other industries and even the automobile industry. In Hong Kong, there will be a Johnson Electric in later generations. Based on electric motors, it is one of the only tens of billions of manufacturing giants in Hong Kong that has entered the 21st century.

"That's no problem, as long as the scale is sufficient, the motor of the electric fan is not a high-tech thing." Lei Shengli thought for a while and said, "I can just hire a team from Johnson Electric."

As long as you have money, anyone in Hong Kong can do the industry that other people can do. The only problem is that you have to have enough orders, or you will die if you can't sell it? The most important thing in the low-end manufacturing industry is the order.

"Yes, but don't take it seriously. I want to invest in motors. In addition to supplying my own products to reduce costs, I also want to develop high-end motors. Advanced industrial control motors and the motor market for cars are my ultimate goals." Chen Zhiwen suddenly said seriously.

It is said that the industrial master machine is the foundation of the manufacturing industry, but one of the high-precision characteristics of the industrial master machine actually comes from the motor, which is equivalent to the car engine of all numerical control equipment, and is one of the core technologies. In addition, the household appliance industry , the automobile industry, the electric tool industry, the consumer electronics industry (tape, VCD, etc.), etc., all need motors. This is a very huge market, and it is also one of the fields that most need to invest in research and development if they want to expand the manufacturing industry. The first step is to start with the simplest electric fan motor.

"I also heard that Dechang's electric motors entered the RB car, but I don't know which one." Lei Shengli thought for a while and said: "Chen Sheng, why don't we consider acquiring Johnson Electric?"

"Don't even think about it. I've asked, and they don't agree." Chen Zhiwen shrugged helplessly. , If I can buy it, I can save myself a few years, but it is not listed, I am a sole proprietorship, and the boss is not yet 50 years old. He does not agree to sell it, and the debt is low. No one can do anything to him.

Of course, there is room for manipulation in such things as hurting people with their own foundation, but it is too low-level, and he also feels that there is no need to do this kind of thing, and the other party can be regarded as a serious Chinese businessman.

"Then we'll do it ourselves. I'll recruit all the engineers from Dechang." Lei Shengli said with a smile.

"Let's buy the production line first." Chen Zhiwen nodded and said, poaching people is certain, Hong Kong should not have many talents in the field of motors, only a few companies that manufacture motors.

Flipping through the documents on the table, Chen Zhiwen saw the sales of TVs last month, and asked in surprise, "Our TVs sold 1,800 last month?"

"1,800 sets is a bit ugly, but what's more troublesome is that our sales have been falling. We can only do black and white TV assembly. There is no market for this piece of market in Europe and the United States. Hong Kong is almost dying. The previous market has always been It’s Southeast Asia, and there were three to five thousand sales a month ago, but recently a Korean brand called Samsung has started to grab the market on a large scale at low prices, and the quality is not bad, not only us, but the entire TV industry in Hong Kong has been affected.” Lei Shengli explained with an ugly face that in the whole company, the only thing with bad data is this TV.

Before Midea’s acquisition, the former Feipai Electric Appliance Company mainly manufactured TV sets, and by the way produced some by itself with its own brand. It's getting worse.

"Samsung, no wonder." Chen Zhiwen nodded and said. In his impression, Samsung became the company with the largest export of TV sets in the world in the 1970s. They stopped producing all of them, which gave these developing countries a certain opportunity, and with so many electronics companies, Samsung seized the opportunity and became the world's largest black and white TV manufacturer in a few years, and these low-end For black and white TV sets, it is natural to compete with similar companies in Hong Kong and Wanwan.

Not to mention Midea, but Hong Kong as a whole, in many fields, is simply inferior to Samsung, which has completed the layout of the industrial chain, such as this TV, Samsung has its own picture tube manufacturing factory, and the wages in South Korea are now lower than those in Hong Kong. How can this be compared? ?

"Chen Sheng has heard of this company?" Lei Shengli asked.

"I've heard that the top conglomerates in South Korea are just like the four major foreign firms in Hong Kong. They have a complete industrial chain, wide channels, and a lot of resources behind them. It's normal for us to compare." Chen Zhiwen nodded and said, for traditional industries, he has no ability. To be able to control, this requires real strength. It is also impossible for him to invest in picture tubes at this time. Besides, even if he is willing to spend money, there is no such talent pool in Hong Kong, and even black and white ones cannot be produced.

"How about we make color TVs?" Lei Shengli asked tentatively.

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