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Published at 25th of December 2023 05:19:17 AM


Chapter 239: [Industry that burns money]

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Chapter 239【Industry Burning Money】

What is the most painful thing for a successful businessman?

There is money in hand, but there are no projects!

Wu Guangyao is experiencing this kind of pain. In the past two years, Wu Guangyao has earned nearly 28 million U.S. dollars in the zipper business. He invested 8 million U.S. dollars in Hong Kong Island Airlines and still has a full 20 million U.S. dollars lying in the bank account.

Wu Guangyao couldn’t understand why he suddenly had so much money. It didn’t mean that doing business was just investing the profits to make money, but the money in his hand could not be spent.

Global shipping is now a shareholding system, and Wu Guangyao is not good at investing his own money; besides, according to the current development trend of global shipping, it may reach the peak of the world in the late 1960s and unlimited arbitrage in the 1970s. Therefore, Global Shipping does not need to spend another penny on its own development. Even if it is about to invest in ports, terminals, containers, etc., Global Shipping can also extract funds. Moreover, I plan to pay no dividends or arbitrage for the first ten years.

Hong Kong Island Airlines does not need to invest anymore. The aviation industry in this era is like this. After all, not everyone can afford to fly; Island Airlines can basically be self-sufficient in its subsequent investment, and it can also gain a lot in the 1970s and 1980s. .

Because the zipper industry is a manufacturing industry, it is like a cash cow and is Wu Guangyao’s main source of deposits; even if he needs to build factories all over the world in the later period, it is a trivial matter for PG zippers and YKK zippers.

Uniqlo is made up of three brands: Uniqlo, Armani, and Valentino. It can also bring Wu Guangyao more than 600,000 US dollars in profits every year; as for the outward development, the time is not yet ripe.

The Yangtze River is a real estate industry, but Wu Guangyao does not intend to develop too fast. Anyway, he could become the No. 1 real estate company on Hong Kong Island in the late 1970s. Why should he rush to invest heavily now? The real estate industry is seriously affected by the balance of supply, sudden political events, and the international environment. As long as you acquire a large amount of land every time you are in a low period, you can become the real estate hegemon on Hong Kong Island.

Lao Fengxiang Jewelry, the company has already made the largest investment when it purchased the De Beer license with a loan; at this time, it has begun to create a large amount of profits for Wu Guangyao. The annual diamond profit of Dongying alone is more than 400,000 US dollars; the company's The annual profit is almost $1 million.

Wu Guangyao thought about it, and felt that these companies no longer need to post money for development, so the money in his hands must be spent!

Do you want to play a difficult, money-burning industry?

For example, in the electrical and electronic industry, but Wu Guangyao is worried that even if he has a small grade, he will be easily obliterated by the terrifying Dong Ying.

It should be known that in 1964, in the previous life, at the Palace Hotel in Tokyo, Panasonic, Hitachi, Mitsubishi, Sanyo, Sharp, Toshiba and other leading television producers held a secret meeting. This meeting is the famous ‘10-day meeting’ in later generations, and the content of the meeting is the agreement on product sales of these six major companies. At that time, the main competitor of Dongying's electrical appliance industry was the American electrical appliance industry. In order to defeat the American rival and occupy the international market as soon as possible, the six companies decided to use two prices for TV sales, namely, Dongying’s domestic high price of 700 US dollars, but only 400 US dollars in the United States, which is 40% cheaper than US-produced TV sets. To 60%.

It is conceivable that American TV manufacturers can only parry, but cannot fight back. Many manufacturers can only choose to close down, and even Motorola's TV business has been acquired by Panasonic.

European and American manufacturers and Dongying manufacturers have significant differences in the way they operate.

European and American companies’ business ideas are more focused, focusing on their core business.

But Dongying companies have completely different ideas. They are more focused on the systemic nature of the industrial chain, building a complete industrial structure and technical barriers. Then through the optimization and integration of the entire industrial chain, the cost of the product can be reduced to the extreme, so as to obtain a price advantage in the fierce competition.

It is precisely because of this that Wu Guangyao feels that this industry is difficult and the enemy is really powerful!

Of course, even if Wu Guangyao did not do it, there were actually three radio factories on Hong Kong Island in 1960 (possibly OEM).

If you want to develop the electrical and electronic industry, you will definitely invest in your own industrial chain all over the world, just like Apple in later generations.

Europe, the United States, East Asia, Taiwan, Sing Tao, Hong Kong Island, South Korea, etc., you can invest and build factories in the future, and use local talents to research and develop for yourself.

On Hong Kong Island, you can also set up electrical, electronic and other science and engineering majors in several universities, and even in enterprises, you can also set up evening schools to offer these courses.

"Fight, money, this stuff, for a top rich man like himself, is a piece of paper!"

Wu Guangyao lined up the desks proudly, and issued a vow!

Developing the electrical industry by yourself is naturally not a step-by-step approach to finding factories, recruiting people, and researching and developing;

This is what those junior entrepreneurs do. Holding a lot of dollars in their own hands, they are going to do it. That's a knock on their heads.

Starting directly from the acquisition, the first step is to acquire a Dongying radio factory;

It’s only the end of February, and the world’s first transistor radio will appear in November this year. Maybe it can still grab the title!

At the end of February, Wu Guangyao and Lin Yueru took their own airline's flight to Dongying to inspect the radio factory.

When you come to the waiting area of ​​Kai Tak Airport, you can feel the strong smell of gunpowder. Regardless of the different routes of Island Airlines and Cathay Pacific, they are definitely enemies of life and death.

Originally, Swire Pacific had been waiting for Island Airlines to go bankrupt, so it bought it, and then handed over the flight license to the Hong Kong government for destruction;

In the same way, there will never be a second local airline on Hong Kong Island, and Cathay Pacific has added a few more routes.

Be aware that the Hong Kong government will take special care of local airlines compared with European and American airlines, and they have an advantage on the route.

Who knew that Wu Guangyao was born and won Island Airlines within a few days;

At this time, Hong Kong Island Airlines has not only Wu Guangyao, a Chinese businessman, but also a shareholder of Jardine Matheson. The background is naturally not weak, and Swire Pacific can only sigh.

What makes Swire Pacific even more incredible is that Hong Kong Island Airlines suddenly became so incredibly unbelievable as if it had been cast by magic.

Cathay Pacific is also smart and started to learn directly.

Therefore, the two airlines are in competition, depending on whose service is good.

After Wu Guangyao and Lin Yueru pass through the ticket gates and checkpoints, after entering the lobby, there is an exclusive area for Island Airlines, where there are service staff, who will provide customers with newspapers, tea, coffee, snacks, etc., so that customers are no longer anxiously waiting.

"Mr. Wu, Madam, what would you like to drink?" The sharp-eyed person in charge of the terminal immediately recognized Wu Guangyao and asked.

"You are doing a good job, I hope you will continue to work hard! We don't need anything, you go and do your job!" Wu Guangyao's first sentence made the person in charge extremely happy.

At this time, Hong Kong Island Airlines, although Wu Guangyao belongs to laissez-faire management, but the plan given by Wu Guangyao is like a bible, so that all Island Airlines people will always keep in mind.

This kind of influence can be achieved without Wu Guangyao appearing in front of these people every day.

Even the people from Jardine Matheson gave their thumbs up!

You know, take the routes from Hong Kong Island to Tokyo and Hong Kong Island to Osaka as examples. Island Airlines needs to compete with airlines from Tokyo, Europe and the United States; if you can’t let customers have a good experience, others will not choose you next time. .

So, Jardine Matheson really did not expect that according to Wu Guangyao's management method, in the past few months, the passenger source of Hong Kong Island Airlines has increased by about 30%.

Waiting for a while, Wu Guangyao and Lin Yueru started to board the plane. Seeing these stewardess, Wu Guangyao had a little desire.

First of all, the clothing has been redesigned by Uniqlo, adding many elements of later generations, and the legs are matched with nylon black stockings;

Secondly, the makeup has been carefully and delicately dressed;

Finally, the form and smile have undergone rigorous training.

In this way, these flight attendants can let the male customers choose to take Island Airlines flights again.

Seeing such a change, Wu Guangyao was very pleased. Perhaps with these soft powers, Hong Kong Island Airlines could make Hong Kong Island Airlines the next generation of Cathay Pacific, and it would make a lot of money.

"is it beautiful?"

After sitting down, Lin Yueru's voice reached Wu Guangyao's ears, and this voice was obviously murderous.

"Don't get me wrong, I'm investigating them to see if they are qualified or unqualified, so I stare at them unscrupulously!"

"Hmph, even if you are investigating, the desire in your eyes can't deceive people!"

Wu Guangyao leaned into Lin Yueru’s ear and said, “My desire is their clothes and stockings. I will go to the company later and ask for two sets. You wear them at home, so you don’t have to worry, your husband will beat these flight attendants. Attention!"

Lin Yueru heard it, her face flushed inside, and she whispered: "It's a shame, you go and ask for two sets, don't others know that I wear them? How will I see people in the future?"

Wu Guangyao thought about it, but said disappointedly: "Yes, then forget it!"

"You are stupid, can't you just ask someone to go to Uniqlo to get it?" Lin Yueru said suddenly.

Wu Guangyao was taken aback, why didn't he think of it!

The passenger plane landed slowly at Tokyo Airport. After the customers had finished walking, Wu Guangyao and Lin Yueru still hadn't left. After a while, the flight attendants and pilots all came to them.

"This flight experience gave me the feeling that it was very pleasant! I only have one opinion, do you want to listen?" Wu Guangyao joked to this group of beautiful women.

Although there are Dongying, Chinese, and European and American people, they must know one language, that is, English, so it is not difficult for Wu Guangyao to communicate with them.

"Of course!" "Boss, I want to hear!"

Wu Guangyao said with a smile: “It’s self-confidence. You still lack a little self-confidence! Confidence does not conflict with service. Your flight attendants are like angels and can soothe the nervousness of passengers. So while providing thoughtful service, you should be more confident. "

(End of this chapter)




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