Chapter 143: The Rapidly Rising "Oriental System" (1)

When I met Mr. Fok Yingdong at the Jockey Club before, he invited Li Xuan to attend an entrepreneur exchange meeting organized by the Chinese General Chamber of Commerce. Li Xuan felt that it was not good to refuse, so he agreed.

The reception was arranged at a three-star hotel in Kowloon, and Li Xuan arrived at the banquet hall on time, where he was greeted by Mr. Tsang Yin-chi, a well-known patriotic Hong Kong businessman. Of course, now that the Goldlion Group has just begun to look north to China, he is not yet known as a patriotic businessman.

"Mr. Li Xuan, I have admired my name for a long time!" Zeng Xianzi wore a pair of gold-rimmed glasses, but his eyes were very attentive. He is the vice president of the Chinese Entrepreneur Chamber of Commerce, and he is responsible for organizing the banquet.

"Chairman Zeng, you are a senior, so infuriating! My father is a loyal customer of your company!" Li Xuan said with a smile.

His words were not intended to be flattering, his father Li Haichuan did not recognize foreign famous brands, and preferred Jinlilai's tie. The two walked into the banquet hall with greetings, and many members of the Chamber of Commerce had already arrived first. As soon as he entered, he was greeted warmly by several acquaintances.

"Xiao Li Sheng, you are also here to participate in the exchange meeting!" Lu Qintian, the boss of Lu's Electronics, said with a happy face.

"Yes, I met Mr. Huo before, and I came to meet the world when I was invited by him!" Li Xuan said very politely.

After a while, a small area centered on Li Xuan quickly surrounded a circle of people. Among them, there are Lu Qintian of Lu's Electronics Company, Li Tianming, the boss of Xinnuo Electronics, and Qiu Yonghao, the boss of Advanced Electronics. Standing beside Li Xuan were all the boss of the manufacturers in the supply chain system of Dongfang Electronics Company.

For example, Lu Qintian of Lu's Electronics Company, his company provides nearly 20,000 analog display screens for Dongfang Electronics' arcade factory every month. At the same time, it also OEM 3,000 monitors for Aikang Computer.

"Lu Sheng, I heard that you are going to open a new factory in the Special Economic Zone again?" complimented a boss next to him.

Lu Qintian nodded in gratitude to Li Xuan. Cai He smiled and said: "It is all up to Xiao Li Sheng to take care of the business! There is a third-tier factory in Guizhou that wants to come to the Special Economic Zone for development, and I think the technical strength of their factory is not bad. I'm ready to work with them to set up a new factory!"

The so-called third-line factories were the result of the bad relations between China and the Soviet Union, Chairman Mao shouted the slogan of "preparing for war", and a large number of powerful enterprises were relocated to the ravines and ravines in the west to develop covertly. Now that the focus of the central government's work has shifted back to economic construction, these factories, which are located in the deep mountains and old forests, and have inconvenient transportation, naturally have to find ways to find their own way out.

The cooperation with Lu's Electronics Company is an electronics factory codenamed "803" located in the deep mountains and old forests of Guizhou. In the past, the 803 factory was mainly responsible for providing electronic components for other military enterprises, but now the state orders are decreasing, and the factory can only use its own brains to find another way out in order to support itself.

The people around heard Lu Qintian say this. There was a little more envy on his face, and his eyes looking at Li Xuan became even hotter. Sales of ICON's ABC-1 and ABC-2 computers in the U.S. have been climbing, and orders for the supply of displays have been increasing. Lu's three TV factories are already operating at full capacity, and it is difficult to continue to increase production capacity. So Lu Qintian began to plan to open a new factory.

Huo Yingdong accompanied Peng Fei, president of the Hong Kong branch of the Xinhua News Agency, into the banquet hall, and the two noticed at a glance a group of people who were discussing passionately around Li Xuan.

"This is the famous 'Little Li Sheng' in Hong Kong, right? He looks younger than the photo, he is really young and promising!" President Peng asked with a smile at Huo Yingdong.

"Yes, the future is terrifying!" Huo Yingdong nodded and said.

In Hong Kong, getting to know the Governor is something to brag about. And walking in with the Xinhua branch chief is a controversial thing. As early as the 50s and 60s, Huo Yingdong was characterized by the Hong Kong government as a "pro-communist" element, and in the early years he was worried about whether he would be sent out of Hong Kong. Naturally, there is no need to be as low-key as in previous years.

President Peng took the initiative to walk towards Li Xuan, and one of his very important tasks in Hong Kong was to collect information on important social figures in Hong Kong and do a good job of the united front accordingly. This "Little Li Sheng" has recently risen like a comet. It's so dazzling that it's hard to ignore it.

Naturally, the Society's collection of information on him is very detailed, and the report that has been placed on his desk recently. A word called "oriental" appears very frequently.

For example, Lu Qintian, who stood next to Li Xuan and talked eloquently, his Lu's Electronics Company is considered a typical representative of "oriental" companies. Lu Qintian is one of the first Hong Kong bosses to go to the mainland for cooperation. Peng Fei also knew his information well.

At last year's Guangdong Fair, Lu Qintian reached a cooperation agreement with Yuezhou Nanhua Machinery Factory to produce Rainbow brand TVs. At that time, the two sides argued for a long time over the export ratio of the product, and finally determined that of the monthly output of 7,500 units, one-third would be sent to Hong Kong for sales by Lu Qintian, and the remaining two-thirds would be sold to various friendship stores in the mainland.

In Sino-foreign cooperation projects, the most difficult issue for the two sides to reach a consensus is often the issue of the proportion of products sold abroad. Foreign businessmen want to be able to sell locally and make money from the Chinese. The Chinese side hopes to export all of it in exchange for more valuable foreign exchange.

In order to allow local companies to expand their exports, local governments have given various subsidies to them. If foreign governments in the 80s also followed the example of later generations to carry out a "double anti-dumping" investigation of Chinese products, it would definitely be accurate to check one by one.

However, Lu Qintian recently reached a joint venture agreement with Guizhou 803 Factory under the mediation of the SAR government, but this problem did not arise at all. The 803 factory is responsible for contributing manpower, and Lu's Electronics Company is responsible for contributing funds and equipment, and the two sides cooperate to produce computer monitors that look similar to televisions, and all products are exported.

Lu Qintian did not mention the issue of the proportion of domestic sales at all, but only asked the mainland to create conditions for the factory to be put into production as much as possible. At the same time, he repeatedly emphasized that workers must be experienced skilled workers, and the quality inspection of the products produced in the future will be very harsh.

Peng Fei naturally knew that the main reason for this abnormality was the young man standing next to Lu Qintian. Lu's Electronics Company is already too busy just arranging export orders, and will not consider the problem of domestic sales at all.

And even their previous agreement with Nanhua Machinery Factory has been modified, and the full capacity is used to produce computer monitors. It's just that their company's requirements for the quality of computer monitors are indeed very demanding, and the slightest flaw will be treated as a defective product.

For this reason, the technicians of Nanhua Machinery Factory almost turned their faces with the quality inspectors sent by Hong Kong several times. Lu Qintian went directly to the leaders of the provincial party committee of eastern Guangdong Province to complain, and finally the province sent a deputy secretary to mediate the conflict between the two sides, and finally reached a compromise.

The quality standard of the product is completely subject to the judgment of the Hong Kong quality inspector, and all the products that are verified as unqualified will be put back on the production line to replace some components, and the computer monitor will be reworked and converted into a TV for domestic sales.

The main reason why the whole Nanhua Machinery Factory is willing to accept this result is because the production of computer screens is more profitable than the original production of television sets. Moreover, the Hong Kong side never defaulted on the payment for the goods, and the foreign exchange was transferred to the account of the Bank of China Hong Kong as soon as the shipment was made.

Peng Fei also learned after investigation that the testing standards for the display were not formulated by Lu's Electronics Company itself, but by the young man's Dongfang Electronics Company.

Although the Hong Kong inspectors sent to the Nanhua Machinery Factory are nominally employees of Lu's Electronics Company, and Lu Qintian, the boss, is also responsible for paying salaries, in fact, all the skills training is in charge of Dongfang Electronics Company, and Lu Qintian himself cannot intervene at all.

Xinnuo Electronics Company, which has just invested in the construction of a new factory in Shekou Industrial Zone, is in a similar situation. Mr. Li Tianming, the boss of Xinnuo Company, did not make all kinds of unreasonable demands like other Hong Kong businessmen who came to inspect the company, and the only request was to let the Shekou Industrial Zone speed up the construction of the new factory.

And the factory has not yet been built, Sino Electronics has completed the recruitment with the cooperation of the Industrial Zone Management Committee, and sent professional technicians to start basic skills training for workers. This is simply not possible with other Hong Kong bosses, because hiring people in advance means a lot of extra expenses.

The two distinctive companies have one thing in common, that is, they both belong to the Oriental family, and the vast majority of the orders that support their expansion come from the Oriental Electronics Company.

As the saying goes, even if Peng Fei doesn't look at the specific number, he can guess the approximate scale of Dongfang Electronics. But the accurate figures given by Hong Kong newspapers are much more exaggerated than Peng Fei expected.

Hong Kong is such a small place, there are as many as 20 newspapers, and the fierce competition has made various newspapers go to great lengths to chase news. Some time ago, when the myth of Li Xuan and Dongfang Electronics' wealth was hyped, all reporters could not get sales figures from the public relations department of Dongfang Electronics Company, but one or two desperate reporters found the customs declaration list of Dongfang Electronics from the customs, and they were able to inquire about the export prices of various products from various channels.

As a result, a detailed and accurate sales list of Dongfang Electronics Company was presented to all Hong Kong citizens. Arcade machines, handheld game consoles, personal computers, all sales combined, Dongfang Electronics' monthly sales are as high as 300 million Hong Kong dollars.

This is a monthly sales, not an annual sales! At that time, this shocking number made many people's eyes fall to the ground in surprise!

"Xiao Li Sheng, hello, I'm Peng Fei!" There was still a distance of one or two meters from Li Xuan, so he stretched out his hand enthusiastically.

Li Xuan fixed his eyes and recognized who it was. The president of Xinhua, although he does not appear much in the newspapers, is also a figure who has attracted much attention. (To be continued......)

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