Chapter 189: The Biggest Winner
Chapter 189 The Biggest Winner
"He Xiangqi is now unable to protect himself, how can he have the kung fu to stare at me here. He secretly built a factory outside, and this saw that the factory could be put into trial production, but the core components were out of stock at all. Hmph, he also wanted to force me to sell his shares cheaply, but this wishful thinking failed. ”
Lu Yali means that you can make less money or even not make money, but you can't run out of stock. The brand of Boba is not as good as those giants, and if it is out of stock, it will soon be squeezed out of the market.
"Okay, I can help you with that, but for the price"
How can Hu Yang sell these 800,000 sets of core components cheaply now, even Lu Yali can't, he will never become Mr. Dongguo, let Zeng Xiangqi steal fun.
"I know that you supply me with core components at market prices, and OEM is the cost of OEM, two different things. Well, help me produce 200,000 units as soon as possible."
Lu Yali begged softly, and Hu Yang could only nod and agree.
According to the market price, the core components of a set of VCDs include a decoding chip and a movement, and the current price is 260 US dollars and 28,600 yen, which is more than 2,000 yuan. For this cost burden, even if the price rises a little more, it would be good if one could earn dozens of yuan at most.
Now it's not just Lu Yali, the sudden outbreak of VCD machines has exceeded everyone's expectations, and all major manufacturers are the same, and the inventory is seriously insufficient. Before and after the Spring Festival, everyone was losing money and making money, and maintained the minimum shipment, just to occupy the market share and not fall.
Subsequently, Hu Yang signed a sales contract with Lu Yali in the name of Xiangjiang Huijia Trading Company. Heung Kong Huijia sold 200,000 sets of VCD core components to Boba at a price of US$260 per set, for a total price of US$52 million.
Lu Yali paid the $52 million to the account of Xiangjiang Huijia Trading Company, and Hu Yang sent 200,000 sets of core components to Stubborn Stone, and Stubborn Rock Technology produced VCD machines for Boba.
The 400,000 sets of core components in the inventory of Bothstone Technology were given to Xinke and Malata respectively, and the remaining 200,000 sets of Populus euphratica were given to several small factories.
The unit price of the company is the same as that sold by Hu Yang to Lu Yali, which is $260 a set.
Hu Yang's Xiangjiang Huijia and Booshi Technology emptied their inventories and received $10.4 billion each.
HSBC has JPY and USD accounts with Sumitomo Mitsui Banking Corporation and HKD accounts with HSBC.
The $10.4 billion payment was temporarily deposited into the U.S. dollar account, and there was still 2.2 billion yen in Hu Yang's yen account, which he also converted into $2 million and transferred to the U.S. dollar account, adding up to $10.6 billion.
Based on the current exchange of 110 yen to 1 dollar, the conversion to Japanese yen is 116.6 billion yen. At that time, he borrowed 5.4 billion yen from Sumitomo Mitsui and made a profit of 62.6 billion yen in a short period of time.
Converted to RB, he probably earned 47.2 billion yuan in this order.
Of course, this does not take into account taxes and two years of bank interest. Bank interest, in two years, is 60 million yuan, and after deducting taxes, there is still a profit of more than 300 million.
On the side of Boulder Technology, the purchase price of each set of core components was $120 at that time, the selling price was $260, and the profit per set was $130. 400,000 sets, the profit is 52 million US dollars, or 43.2 billion yuan.
There are 400,000 sets on both sides, but there are some price differences, mainly due to the inconsistency of the currency in which the imported goods are denominated, and there are some exchange differences. In addition, Populus euphratica still has a little loan balance on the Xiangjiang side, which will also produce some errors.
Chen Jialin let the finance do the accounting, deducting taxes of 8.84 million US dollars, and the profit of Booshi Technology was 43.16 million US dollars, equivalent to about 3.6 billion RB.
Then, he put the 200 million yuan invested by Hu Yang and the 1.8 billion yuan of profits that should be shared, totaling 3.8 billion yuan, to the account of Huijia Holdings.
In a few months, Huijia Holdings had another 4.5 billion cash on its books.
After the Spring Festival, the sales of VCD machines are still hot, and dealers basically have to go to the manufacturer to grab the goods, otherwise they don't want to get one.
However, upstream manufacturers such as Philips and Sony have begun to expand production capacity, and it is estimated that the shortage of core components will be greatly alleviated by April.
However, in just a few months, because there is no supply of core components, Aiduo Electronics' products cannot keep up with sales, and its sales in China have been overtaken by Xinke, thus falling into the second position.
Zeng Xiangqi's newly built factory was originally ready for production before the Spring Festival. But there is also no supply of core components, and it has been delayed to start construction.
"Zeng Shao, Sony and Philips came with news, and they are all trying to expand production capacity. Our factory will pay for these two months at most, and it will soon be able to produce normally. But the problem now is that we don't have the chips to put pressure on Lu Yali, and the Boba side has not been out of stock, which shows that her ability is not small. ”
The assistant first comforted Zeng Xiangqi, and then also raised his worries.
"Hehe, now that the market is so good, how can Lu Yali quit unless we are willing to spend a lot of money"
Zeng Xiangqi calculated an account, according to the current sales situation, it is no problem for Boba to sell one million VCD machines a year. This wave of price increases for core components will soon pass, and corporate profits should return to normal levels.
In other words, the profit of 300 million yuan a year is the most conservative estimate, and the situation is better to reach 400 million profits.
So Lu Yali can make a profit of 1.5 billion to 200 million a year from the company.
Therefore, if you really want to completely acquire Boba, you will have to offer a price of 500 million if you can't do it.
But if he didn't buy it, Zeng Xiangqi felt that the factory he built was far from being effective, which was also a waste.
simply take advantage of the current tight supply of core components to talk to Lu Yali about the acquisition.
So, before the first month, Zeng Xiangqi officially launched acquisition negotiations with Lu Yali. Xiangjiang Cheung Kei Electronics bid 3.8 billion yuan to acquire the equity of Boba 51 held by Lu Yali and others.
500 million is Zeng Xiangqi's bottom line, and the price must be lower.
The hot market, the tight supply chain, all of this made Lu Yali hesitate. Do you really want to give up this big cakeHu Yang said that the golden period of VCD is about a few years, why can't there be any movement in the market now?
With doubts in her heart, she went to Yangcheng again in person and wanted Populus Hu to ask for advice.
Hu Yang didn't say anything else this time, only said one sentence: "The extremes of things must be reversed, and the extraordinary development of the VCD industry is in itself a huge hidden danger." ”
As for Lu Yali's hesitation now, Hu Yang didn't say anything. He is not the nanny of Lu Yali and others, and he does not need him to teach others how to do things.
Back in the deep sea, Lu Yali thought about it for three whole days, and finally decided to trust Populus euphratica's judgment.
As for the other partners, whether it is Tang Ziyu or Wu Maosheng, they have no position, they can make money, and they don't care much about whether they sell the company's shares or not.
After several rounds of negotiations, Zeng Xiangqi finally successfully acquired the equity of Boba 51 held by Lu Yali and others at a price of 48.7 billion yuan.
When Hu Yang heard the news, he smiled and said nothing. In his eyes, Hu Debiao of Aiduo Electronics and Zeng Xiangqi of Cheung Kei Electronics can only become passers-by of history in the end. Under the prosperity and hustle and bustle, they are actually doomed to a sad end.
1996 flew by, and 1997 came unexpectedly.
Populus euphratica, who fully enjoyed the joy of victory, spent New Year's Day with his family and ushered in the Spring Festival.
Li Guixiang and Hu Zhigang have been in Yangcheng for a whole year, staring at Hu Yue after finishing her master's degree and watching her join the work.
Then they got bored.
I haven't been seventy or eighty yet, so I go to the park early in the morning to exercise, and then go to the restaurant for morning tea. You don't have to clean the house by yourself, laundry, grocery shopping, and cooking are all responsible for it.
"Dad, Mom, you can travel, the world is so big, you can go around and see. By the way, Dad, I still have a camera that doesn't work. Just for you, you can learn photography, go back and hang out with my mother, you can be her royal photographer. ”
Hu Yang didn't want his parents to work outside anymore, but it wasn't a problem to be so idle.
So he encouraged them to go out to play, and the first stop was Hu Yang, who helped his father and mother choose Spring City. Of course, the means of transportation was not to take an airplane, but to buy an off-road vehicle specially for Han Wu and a hired life assistant to accompany Li Guixiang and Hu Zhiguang all the way to the west.
The advantage of driving is that you can go all the way, play all the way, and the time is completely in your own hands.
In fact, Populus euphratica also likes this way of traveling. It's just that it's not suitable for him to leave the company for a long time now, and I'm afraid that this kind of free and easy travel will not become a reality until he retires at the age of thirty-five.
That's right, Hu Yang set a goal for himself, which is to retire at the age of thirty-five.
Therefore, after sending off his father and mother, Hu Yang worked in the company for a few days very seriously.
It's just a pity that the company is not busy now, and general things can be handled by Xia Bing and Xu Younian in an orderly manner, and there is no need for him to take action in person.
As for VCD machines, after emptied the inventory, Populus no longer paid attention to this industry.
Booshi Technology accelerated the pace of transformation after the holiday, and gradually increased the proportion of HS and mobile phone manufacturing in the entire business.
In terms of mobile phone manufacturing, an OEM contract was signed with Moto at the beginning of the year, which can be regarded as the beginning of a formal test of this industry.
In the area of HS, RB has increased the number of orders, and Booshi Technology has received orders for 500,000 units this year.
As for the country, Populus euphratica heard that UT and H have begun to negotiate with Japan about the introduction of HS technology, and the "PHS" that Populus euphratica has in mind may be piloted in China in the second half of the year, and it will soon enter thousands of households.
At this point in time, mobile phones have not yet become widespread. On the one hand, mobile phones themselves are not cheap, and the price of four or five thousand yuan will make many people stop. In addition, the cost of communication is very expensive, what the hell is a two-way charge
Therefore, before the operator reduces the tariff and cancels the two-way charge, PHS is the choice of most people to answer at a low price and do not need money.