The deep-sea special zone was newly approved last year and the state-level electronics industry development zone is located in Nanhu District, so it is also called Nanhu Development Zone. The entire Nanhu Development Zone starts from the Dongbin Tunnel in the south to the Shenhai University in the north, with a total area of 23 square kilometers, accounting for almost one-third of the entire Nanhu District.

In later generations, this place was actually called the Nanhai Oil Development Zone, which was a large-scale Sino-foreign joint venture jointly invested by the Nanhai Petroleum Service Corporation, Hong Kong Everbright Group and Shenhai Asset Investment Management Company.

But in this life, this place was used by the Shenhai Municipal Government as a national electronic development zone in advance. The reason why the Shenhai Municipal Government chose the location here is that it is adjacent to the Shekou Industrial Zone and the port area, which is convenient for the export-oriented development of the Nanhu Development Zone, and the logistics and transportation are more convenient.

The Huaqiang-RCA TV Factory, a joint venture between RCA Corporation of the United States and Shenhai Huaqiang Electronics Company, is the first large-scale project to be completed and put into operation since the establishment of Nanhu National Electronics Development Zone more than a year ago. For this reason, Li Xuan deliberately came from Hong Kong as a platform.

Colorful flags fluttered around the factory, and the road outside the factory gate was cleaned by the sanitation company. Unlike when Li Xuan came to visit the development zone a few days ago, he was messed up by earthmoving trucks coming and going.

The joint venture is preparing to cut the ribbon today for the first phase of the project, with an annual output of 250,000 units from 14-inch to 22-inch color TVs automated assembly line. This is not a big project for the Eastern Group, but for the Nanhu Development Zone, it has turned a new page.

This 23 square kilometers of land is still very desolate. But in the next three to five years, a large manufacturing base with an annual output of 10 million color TVs and displays will be built here.

Because of Li Xuan's personal attendance, the domestic side also deliberately adjusted the level of personnel attending the ribbon-cutting ceremony. The newly appointed Minister Li of the Ministry of Electronic Industry. I flew from Beijing to Shenhai City to participate in the ribbon-cutting ceremony. The governor of eastern Guangdong Province also deliberately squeezed out time to attend in Shenhai City.

Li Xuan didn't make a move, and his shot was earth-shattering. He is now definitely one of the most valued patriotic investors at the top of the central government. Moreover, his Eastern Group rarely makes all kinds of harsh demands, and can definitely be called an exemplary investor.

For example, the production capacity of the first phase of the project is 250,000 units, of which 100,000 units are exported. Of the 150,000 units under construction in the second phase of the project, another 100,000 units will be exported.

In other words, the export quota of the joint venture plant reached 50% of the total production, while RCA's stake in the joint venture plant was actually only 35%. When other foreign-funded enterprises come to China for negotiations. The export ratio of products has always been the focus of the comparison between the two sides, and the foreign side always wants to reduce the export ratio of products as much as possible.

In the joint venture project between Huaqiang and RCA, 50% of the TV sets are exported. Not only can it offset the foreign exchange consumption of parts and components imports, but also have a lot of foreign exchange balances, which is definitely a very enviable thing.

Moreover, the Eastern Bloc is also very generous in terms of technology transfer, and rarely takes the initiative to put obstacles in the way. There are also few claims for the right to operate and manage the plant. Take the Huaqiang-RCA TV joint venture as an example. RCA employs less than 50 people.

Most of them will also be evacuated after completing technical and managerial training for domestic personnel. RCA's only concern for the joint venture factory is finance and quality inspection!

The ribbon-cutting ceremony was scheduled for 9 a.m., and the factory also invited a dragon and lion dance team to cheer up. After the performance of the dragon and lion dance, the Minister of Electronic Industry, the Governor of Eastern Guangdong Province, and Li Xuan, who came to attend the ribbon-cutting ceremony, all delivered enthusiastic speeches.

Then, in the volley of a million firecrackers, all the guests picked up the scissors in their hands and cut the festive red silk ribbon. After the ribbon-cutting ceremony. More than 700 workers officially started production, and the factory invited all the distinguished guests to attend the completion ceremony. Attend a celebratory reception at noon.

"Li Sheng, I also hope that patriotic entrepreneurs like you will continue to increase investment in the future. We will also take the most enthusiastic attitude to welcome the Oriental Group to contribute to the development of the domestic electronics industry!" Minister Li raised his glass and said warmly to Li Xuan.

The Oriental Group can be said to be the only one that does not think about making money from the country! Therefore, the Oriental Group naturally does not need to make too many demands on the domestic government, and for this alone, Li Xuan's title of "patriotic entrepreneur" is absolutely well-deserved!

But Li Xuan is really not very interested in this title, and loving red China too much is by no means a reassuring thing in the eyes of Western countries, and the main markets of the Eastern Bloc are precisely in the developed countries of the West. So unless necessary, Li Xuan is rarely willing to participate in public activities in China!

After promoting the completion of RCA's consumer electronics manufacturing transfer to the deep-sea special zone, the Eastern Group will not make other major moves in the mainland. Therefore, Li Xuan worked hard to play Tai Chi with this Minister Li, and as for the semiconductor and computer industries expected by the other party, Li Xuan was not ready to challenge the authority of the embargo in Batumi.

On the other hand, Ye Ping, the governor of eastern Guangdong Province, who has also taken office recently, is also talking with several heads of Huaqiang Electronics Company. Governor Ye had already met Li Xuan when he was the director of the Provincial Science and Technology Commission.

"The Oriental Group is not only a leading enterprise in Hong Kong's electronics industry, but also one of the most well-known electronics groups in the world! We have a joint venture with the other side, and we should learn more advanced experience from the other party and strive to improve our own level!" Governor Ye earnestly admonished.

Yang Guangsheng, general manager of Huaqiang Electronics Group, personally served as the Chinese general manager of the joint venture TV factory.

He immediately nodded and said: "Governor Ye, we don't say those beautiful things in front of you, mainly because of the various problems that have been exposed in the process of cooperation with foreign teams after the establishment of the joint venture factory!"

The technical management team dispatched by RCA to the joint venture factory did not hide their personal interests from the beginning of the factory, but generously put all the details and points on the table to guide us hand in hand!

However, RCA has very strict requirements for the financial system of the joint venture, and we did not adapt to the approval and verification process of the foreign party at the beginning, and as a result, there were many contradictions!

The Eastern Group is not prepared to interfere too much in the production and operation of the joint venture plant. However, RCA will not fool any domestic parties at will, as long as the financial accounts are controlled, the interests of the Oriental Group in the joint venture can be guaranteed. (To be continued......)