Li Daqi didn't know what to say for a while, although what Song Yuanchao said was just a hypothesis, but this assumption is likely to become a reality, if it really comes to this point, where will Sheng Hua go?

Looking at the expression on Li Daqi's face, Song Yuanchao comforted: "Actually, you don't have to worry, the spring of the garment industry has not passed so quickly, and the change of things can only cause qualitative change if it is a quantitative change, even if the competition caused by the swarming of similar enterprises cannot be reflected in the market immediately." ”

"We still have time, at least in the next few years, the garment industry is still okay, but in any case, the decline of the industry is also an inevitable trend, the competition will become more and more fierce in the future, and the profits of the garment industry will be lower and lower, and then it will be time for Shenghua to end the industry."

Li Daqi opened his mouth as if he wanted to say something, but in the end he didn't say anything, sighed and shook his head.

For Song Yuanchao, Li Daqi is still very convinced, whether it is the beginning of taking them to make hangers or the later Shenghua from scratch, Song Yuanchao occupies a very important position, so even if Song Yuanchao says today is outrageous, Li Daqi will subconsciously believe a few points, not to mention that Song Yuanchao's analysis is reasonable and well-founded, and the situation he said is very likely to occur.

"The threshold for enterprises to enter determines whether the vitality of this industry is long-lasting, and the technical content of the clothing industry is too low, even if we have brand and design advantages. Not to mention that Shenghua's products are far from being internationally renowned brands, and there are more and more competitors in the market, even if they are international brands, this problem cannot be avoided. ”

"Of course, luxury is another thing, and in the future the clothing industry will be polarized, one pole is traditional clothing, and the other pole is luxury clothing. The former can only be maintained by volume and small profits, and the ability of enterprises to resist risks is not high, while the latter can be sold at a high price, but it accounts for a very high proportion in promotion, operation, and labor costs. ”

"That's why you're shifting your focus to electronics companies?" Li Daqi asked, "Did you think about this issue before you set up an electronics company last year?" ”

Song Yuanchao smiled and said calmly: "Almost, it is very dangerous to do business without the idea of being prepared for danger in times of peace, I know that you have a deep affection for the garment factory, from the school-run factory to the Tengfei factory, and then from the Tengfei factory to the current Shenghua factory, all the way in this industry." But reality tells us that the changes of the times must be accepted, and the progress of the market must also be recognized. ”

Song Yuanchao saw that Li Daqi's cigarette was finished, handed him a cigarette and lit it for him to light it: "Compared with the clothing industry with a low threshold, the entry threshold of the electronics industry is much higher. ”

"Patents?" Li Daqi asked suspiciously.

Song Yuanchao suddenly reacted that there is no patent at present, all domestic industries are "take-it-or-leave-it", the formulation and implementation of the patent law was in 1985, there are still two years before now, even after the promulgation of the domestic patent law, the specific implementation for a long time is a big problem, until 20 years later.

Song Yuanchao roughly explained what patents are, and the importance of patents in the international arena is the same. After listening to Song Yuanchao's explanation, Li Daqi suddenly realized, nodded and said: "This thing is similar to our brand, we can only use it or we authorize others to use it, isn't that the case?" ”

Song Yuanchao smiled and nodded and said yes, although Li Daqi's description cannot be said to be appropriate, it is not far off.

Although Li Daqi doesn't know much about the electronics industry or the semiconductor industry, don't forget that he is Uncle Li's son.

The three generations of the Li family, starting from Li Daqi's grandfather, including his father, are all engaged in this business, and they naturally know some information after hearing and witnessing it. So when Song Yuanchao explained to him in detail why the electronics company was far more promising than the garment factory, Li Daqi finally understood the reason why Song Yuanchao valued the electronics company.

"Of course, technology is one thing, the key is the product itself." Song Yuanchao explained: "The competitiveness of ordinary electronic products is still not strong, simply put, just like the products of Uncle Li's old unit, ordinary electron tubes, semiconductor radios, etc., can be produced by ordinary electronics factories, and the difference is quality and brand." There are also electronic watches and calculators produced by electronic companies at present, and their technical content is not high, and some manufacturers with capabilities can also produce them, even if they can't have complete technology, there is no problem at all to do semi-processing assembly. ”

"But the program-controlled switch we are currently developing is different, and it is not an exaggeration to say that this product is epoch-making in China."

"Epoch-making? Not so exaggerated, right? Li Daqi was on the scene when the meeting was held in the electronics factory today, but the professionalism at the meeting was too strong, and he listened to a lonely voice from beginning to end, although he saw Song Yuanchao at the meeting was very satisfied with the results of the successful development, and also announced a heavy award in public, but Li Daqi actually disagreed in his heart.

In his opinion, how much value can a switch have? It's nothing more than a piece of equipment cobbled together with some electronic components.

And this year, the investment of the electronics company has been huge, and he has not been able to see the profits, and Li Daqi has not paid much attention to it on weekdays, if it were not for Song Yuanchao who came to Pengcheng to name the electronics company today, maybe Li Daqi would not even enter the door over there.

"It's normal that you don't know this, but with the shift of focus in the future, you still need to have a good understanding of this industry." After introducing the history of the development of telecommunications, Song Yuanchao talked about the development from the 50s to the present, and then talked about the current telephone capacity of the first and second tier cities in the country and local governments, including the third tier cities.

Li Daqi didn't care about these things before, and he didn't think so at first after Song Yuanchao told him today, but with Song Yuanchao's detailed explanation, Li Daqi gradually became more interested after listening to it, especially when Song Yuanchao talked about the current example of the Wanmen program-controlled switch introduced in Rongcheng, Li Daqi then understood why Song Yuanchao paid so much attention to electronics companies.

"6 million? Or the dollar? Just such a set of equipment? Really? When he learned the price of this set of equipment introduced by Rongcheng, Li Daqi was stunned, he didn't dare to imagine this price, what is the concept of 6 million US dollars?

A few years ago, when Shenghua Company was just registered in Xiangjiang, the exchange rate of the US dollar was about 1.5 at that time, and now the exchange rate of the US dollar has risen to about 2. And this is the official exchange rate, which would have almost doubled if it had been a black market rate.

Even if calculated at the current official exchange rate, 6 million US dollars is at least 12 million yuan, how many clothes and pants do you have to sell for so much money to earn it?

However, Li Daqi also noticed that the equipment in Rongcheng is a 10,000-door program-controlled switch, and the electronics company has only succeeded in developing 500 doors, which is a difference of 20 times.

"There are two if there is one, and the beginning is the most difficult, and the progress of science and technology is not one plus one equals two, but a geometric number rises. Although the limitations of 500-door program-controlled switches are greater, they are still very advanced technology in China at present, and the utilization rate in many places is not small. ”

Song Yuanchao knew that Li Daqi didn't understand this, and explained to him the significance of the next 500 program-controlled switches, and especially pointed out that the domestic market of this switch is not small.

For a long time in the future, the large-scale program-controlled switch market will still be controlled by foreign products, Shenghua Electronics wants to reach the international advanced level, independently developed more than 10,000 doors or even more than 10,000 doors of program-controlled switches, this road is still very long, not a short period of success can be achieved.

However, in the small switch market, Shenghua's current SH500 switch is already quite competitive, not to mention that there will be about 1,000 program-controlled switches in the future.

The market for small switches is not small in China, it is a big market. Song Yuanchao made use of its strengths and avoided its weaknesses, and it was very promising to use small switches and foreign products to compete for this market, and its profits were also considerable.

When Song Yuanchao told Li Daqi what level the market of small switches would reach according to his estimates, and how much profit there was in Shenghua Electronics' products and market prices, Li Daqi was dumbfounded, he looked at Song Yuanchao for a long time without speaking, picked up the cigarette in his hand and took a puff, only to find that the cigarette had already burned out.

Throwing the extinguished cigarette butt into the ashtray, Li Daqi picked up the cigarette case in front of him with a little trembling hands and took out a cigarette for a long time before taking out a cigarette and lighting it.

"Aiding Korea, you won't be driving me, right? Where is this business, it is clearly to grab money! No, it's not so exaggerated to rob money, it's almost the same as printing money. ”

"Hehe, do you think I'm really happy? Aren't you there during the meeting? Let me ask you, according to the price of 6 million US dollars for 10,000 program-controlled switches, how much is the conversion of one door? ”

"This is a good calculation, 6 million US dollars, one door is 600 US dollars." Li Daqi blurted out.

"That's right! If calculated in this way, isn't 500 doors $300,000? This is a number that elementary school students can answer. You have been in the garment industry for a long time, you should know that the larger the order quantity, the lower the cost of a single product, right? In fact, electronic products are also the same reason, according to the current cost of electronic companies to calculate, the cost of 500 door program-controlled switch is about 1,000 yuan, and the cost will be further compressed after the official production, if calculated according to this basis, then what is the actual price of 10,000-door program-controlled switch? ”

"Of course, this calculation is just an example, because many situations at home and abroad are different, including various additional cost factors such as raw material costs, labor costs and research costs, but in any case, the added value in the product is much more than the product itself, which is obvious."

"So, even if we Shenghua price the product at a price of 100,000 yuan, this price is far lower than similar products abroad, and now you understand why I value electronics companies, right?"

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