This factory is a parts processing factory, providing a variety of metal parts to many domestic manufacturers, with sales of about 300 million yuan and a profit of about 20 million yuan in the past two years. Cao Wang stayed in this factory for a month, got familiar with the machines and products produced in the factory, and after understanding the needs of customers in the factory, he left alone for a while.

When his father saw Cao Wang again, it was three months later, and Cao Wangzheng took a group of people to visit the factory. Then, Cao Wang applied to his father for 300 million yuan as start-up capital, he wanted to acquire three other factories, his father didn't even ask the reason, he was quite confident in his son, and soon opened an account with 300 million funds for him. Of course, the main reason is that there is enough confidence, even if these three hundred million are wasted, it will not hurt.

Cao Wang's factory originally had a kind of parts, and the profit was not high, only 5%, but Cao Wang spent half a year, added several production lines, and increased the output more than ten times, and no one knew the purpose of his doing. Half a year later, the price of such parts tripled, and the sales volume rose by hundreds of times exaggeratedly, and a total of more than a billion orders were signed.

This year, Cao Wang's factory made a profit of nearly 1 billion.

It turned out that in the three months when he went out, he studied the same parts on the market and his factory, and found that there is a kind of parts, the market demand is very large, and his factory has low sales because of the price, but the quality of this part produced in his factory is the best, his parts can be used continuously for more than 5 years, and the corresponding products can be used for decades without breaking, and the best of several other factories can only be used continuously for 2-3 years, and the quality of his parts has exceeded the needs of customers on the market. There are only three factories in the country that can produce this kind of parts.

There is another important reason, and it is also the most critical factor.

There is an automobile company that needs to use a large number of parts [it cannot be a car company, the cost of car company parts will not be too high, especially the demand, will not be too large], there are more than 100,000 cars sold to all parts of the country every year, and last year's profit reached as much as one billion. In order to collect information, he drove a luxury car to find a salesman of this company, pretending to need to book hundreds of cars, and the sales soon said a price much lower than the market, but Cao Wang said: "I don't think this price is low enough, but you must also know that what I am most concerned about is not the price, the quality of the car and after-sales are what I care about the most." The sales person said with a smile on his face: "I understand, I understand, I'll take you to a place, let's talk while eating." ”

At the dinner table, Cao Wang kept persuading the wine, but on the grounds of gastrointestinal discomfort, he used tea instead of wine, and the sales were Party B, so he didn't dare to have the slightest dissatisfaction, and drank cup after cup. After the sales were a little dazed, he threw out a lot of questions, at first about the car, the price of the car, maintenance, speed, stability, safety, and miscellaneous questions. The knowledge of sales business is good, and the answers to these questions are like fluent, and then Cao Wang gave a thumbs up to sales and praised: "You are too professional, I have no problem." The sales drank a lot of wine, and his facial expressions were a little uncontrollable, so he replied with a smile: "You're polite, these questions you asked are professional, I'm almost confused, hahaha." Cao Wang seemed to ask intentionally or unintentionally, "I heard that your company seems to have a lot of orders last year, and it belongs to the leading enterprise in China." As soon as sales heard about sales, they immediately boasted about their company. Cao Wang heard a key message, this car company has more orders this year than last year!

After careful consideration, he signed an order with this salesman, 360 cars, more than 20 million, and he didn't even know the purpose of these cars.

In fact, Cao Wang's caution is a little too much, how can a sales be associated with the cost of a car.

Then, he went to the three factories that could produce this kind of parts, saying that he had received a large order for this part, and his factory was currently not producing enough, and he wanted to lease or buy these three factories to complete the order. Moreover, this order has higher requirements for products, and their original production line can no longer meet the needs of this order, and the original factory needs to be transformed. Two of the low-volume factories were quickly agreed to acquire. And the factory with the highest sales volume does not agree, they originally occupy more than 80% of the market for the parts, and can make tens of millions of profits every year, how can they be willing to be bought by a factory whose output is far inferior to his?