Chapter 0147: Uninvited Guest
There is no doubt that Zeng Wei's original song "Trouble with the Moon" became a hit at the orientation party of HKUST, and in the following days, the campus was full of students from HKUST discussing the song. As for the BBS Hanhai Nebula, which was only born in January this year, this is the focus of heated discussions.
HKUST has long been known for producing talent in the scientific community, but it has been lackluster in other aspects such as literature and art. It's amazing that there is a talented musician now.
However, it is not the Internet era yet, and the spread of information is not so fast, so this song is only circulating within HKUST for the time being, and few people in the outside world know about it.
Zeng Wei himself is thinking about the release of this song. However, it is impossible for him to come in person, and he has no plans to become a star addict.
It's just that Zeng Wei was hesitating whether to let Yu Mingju or Yang Tianhou or Gao Yuanyuan, who debuted on the music scene, sing this song "The Trouble of the Moon", but he received a call from the headquarters of Jiangzhou Fairy Electronics.
The people from the company said that the people from Wanyan Company wanted to come to the University of Science and Technology to meet Zeng Wei.
In this regard, Zeng Wei's first feeling was weird, and the second feeling was that he was sudden.
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VCD players have only been on the market in China for 3 years, but they have quickly won the love of consumers. Since 1996, the domestic VCD market has shown "explosive" growth, with sales soaring from 10,000 units to more than 4.5 million units in the first eight months of 1996.
Although Wan Yan is the company that produced the first VCD, the first giant of the VCD manufacturer that really broke out is undoubtedly Fairy Electronics owned by Zeng Wei.
At this point, even Aido, which is assembled from parts, can't wrestle with Fairy Electronics.
The reason why Fairy Electronics is so strong, in addition to Zeng Wei's foresight, is because it has strong financial support behind it.
In order to occupy the market as much as possible at this time, Zeng Wei not only invested all his millions of manuscript fees into the R&D and production of VCD, but also threw all the dividends he received from Wulingxian Liquor in the past two years into it. Before and after, Zeng Wei invested more than 300 million yuan, which is beyond the reach of any other VCD producer.
According to incomplete statistics, in the first eight months of 1996, the total sales volume of domestic VCDs exceeded 4.5 million units, of which 1.5 million units came from Fairy Electronics, accounting for one-third of the entire VCD market!
As for Wanyan Company, what is their market share? less than 2%, which is an unbelievable number!
This can only make people sigh, the back waves of the Yangtze River push the front waves, and the front waves die on the beach!
If you put it in elegant words, it is a dance pavilion, and the wind is always blown away by the rain and wind!
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It is not easy to create an industry, but the problem faced by Mr. Jiang is that software and hardware must be developed together. "Wanyan" invested 16 million US dollars in research and development in the early stage, and the advertising investment was 20 million yuan, and "Wanyan" produced tens of thousands of VCDs and only sold 20,000 units.
Due to too much investment in the early stage, the cost of early products is as high as 360 US dollars per unit, plus advertising costs, it is basically unprofitable to sell it for four or five thousand yuan in the market.
"Wanyan" Jiang Wanmeng also wanted to develop discs, and for this reason, he bought the rights from 11 audio-visual publishing houses and launched 97 kinds of karaoke discs.
"Wanyan" has devoted all its financial resources to create a market, establish a unique brand, and form a set of molding technology to dominate the VCD world.
However, when Mr. Jiang was in the development period, his financial resources had dried up, and he went to a joint venture, but he was obstructed by layers and had no results, resulting in the world he had built being divided up by others piece by piece.
By the present day of 1996, the most tragic thing has happened, "Wan Yan" has shrunk to the point of having no goods to sell and is on the verge of bankruptcy.
In Zeng Wei's memory, just this year, Wanyan Company was finally reorganized by Meiling Group in the same province.
However, now it seems that things have changed again, and Wanyan Company's choice has more fairy electronics.
It's just that I don't know whether Wanyan Company wants to get financing from Electronics or wants to be acquired and reorganized by Fairy Electronics?
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Wanyan Company sent over was a vice president in charge of external liaison affairs, surnamed Wang.
Vice President Wang was still a little apprehensive in his heart, he sat in the reception room, there was a waiter to talk to him, and from time to time he served tea and water, but this could not eliminate the anxiety in his heart.
The situation of Wanyan Company is getting worse day by day, and now it is a critical moment of life and death. Vice President Wang came over this time, but he was entrusted by the company's President Jiang to come to meet Zeng Wei.
Now everyone knows that the boss in the VCD industry is the fairy VCD, and he has a lot of money. Not to mention anything else, the sales in the first eight months of this year brought 3 billion sales to Fairy Electronics. According to the news I learned, the profit brought to Fairy Electronics will exceed 1 billion yuan!
Thinking that the founding company of the dignified VCD had to rely on a junior who took advantage of itself to survive, this made Vice President Wang's heart very uncomfortable.
However, at this time, any personal emotions must give way to the life and death of the company.
As long as Fairy Electronics agrees to financing, Wanyan Company still has a way to live. It's just that I don't know if the big boss of Fairy Electronics can afford his own little foundation?
You must know that the output of Wanyan Company is only tens of thousands of VCD disc players a year, which is less than a fraction of people's output, and the annual output value is less than 100 million.
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In about ten minutes, the outside door opened, and I saw a teenager walking in surrounded by several middle-aged people.
Vice President Wang immediately stood up, he had carefully understood Mr. Jiang before, and he had also inquired about Zeng Wei's appearance, and knew what he looked like, and there was no doubt that this person in front of him was Zeng Wei.
Vice President Wang's heart was full of emotion, he couldn't imagine that the big boss of Fairy Electronics, who is now almost dominating the domestic VCD market, is such a teenager who is not yet 12 years old!
Moreover, in addition to being the big boss of the famous Fairy Electronics, this young man is also the big boss of another giant enterprise, Wuling Xian Liquor!
Although the other party also has the identity of a genius student in the junior class of the University of Science and Technology, the genius is not so genius that it is like this!
Suppressing the thousand thoughts in his heart, Vice President Wang took two steps forward, shook Zeng Wei's hand, and said, "Hello Mr. Zeng!"
Zeng Wei smiled and let Vice President Wang into the sofa, then turned back to the secretary and said, "Vice President Wang is too polite, please sit down." Well, get some good tea for Vice President Wang!"