this man is not calm

Chapter 199 A Small Step Forward
After finishing the inspection of the game console department, Jin Shang talked with General Manager Hong about mobile phone OEM.

The first time we cooperated, we couldn’t even talk about OEM, it could only be said to be OEM.

These days, the price of genuine mobile phones is very high and ordinary people cannot afford it, so many copycat phones have been produced.

Most of these are shoddy and fake products, but there are also a few underground brands with good quality and reputation.

Hong Renquan didn't spend much time, so he found a reasonably capable copycat phone design team, bought a ready-made prototype, made some changes, and then placed an order with the factory.

In the era of functional phones, one doesn’t expect too much. As long as the materials used pass the test and the quality of the electronic components is up to standard, there won’t generally be any big problems.

After it is produced and sold as an OEM, it will no longer be a copycat phone wandering in the gray area, but a serious brand phone with a network access license that can be blatantly sold in electronics malls and shopping malls. goods.

The price is low, the quality is guaranteed, and by building a reputation for after-sales service, it should be able to gain a firm foothold.

Jin Shang no longer has the energy to care about specific matters. He asked Hong Renquan, the old and strong leader, to hold on for another two years. When the company has a reserve of talents and someone takes his place, he can then consider retirement.
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The next morning, Jin Shang went to see the assembly workshop of the Venus game console. The production and sales of game cartridges, CDs and arcade boards were going smoothly, but the speed of removing unsalable consoles was a bit unbearable. He went to the warehouse to take a look, and it was full of goods. The inventory is really worrying.

After chatting with the frontline workers and the person in charge, and understanding the general situation, Jin Shang's face looked a little better.

The operating situation is not good, but the staff is still well organized, and the core strength has basically been retained. The company's technology accumulation is quite good, and there are many experienced software and hardware talents. Even if it is a "loser" that has been dumped by a large manufacturer, its background It was also so rich that it made Jin Shangdu sigh with emotion.

I tried out the new-generation console that is still being debugged on site and is preparing to release the Venus plus next year. The actual experience really left me with mixed feelings. As a game console, it is too greedy for perfection and is a bit "not doing its job properly". suspicion.

Jin Shang just wanted to transplant the Jinxi game platform and Jinxi chat function into the new game console. The new game console actually designed functions such as game forums, homepage introduction, strategy promotion and online downloads.

Jin Shang's vision of a console capable of playing online games was designed into a multi-functional game console capable of surfing the Internet.

Such a choice is not incomprehensible to Jin Shang. The Internet speed is average and cannot support serious online games. His own design capabilities are limited and he is unable to develop online games. Third-party video game manufacturers have also abandoned the Venus host platform, resulting in The result is what it is now.

Various factors converged to turn a product that was supposed to be a hit and become a classic product, but it became an embarrassing product that was neither good nor bad. Not only was it beaten down by competing products, but the upstream and downstream industry chain that took several years to build was also On the verge of collapse.

In the development of electronic games, PC games can be transplanted to Venus. Jinxi Culture can also provide assistance. However, if the sales of game consoles cannot increase and many third-party designers cannot be attracted, the future of Venus game consoles will be worrying.

"Revise the strategy, let's talk about the next step, first treat the head when it hurts, treat the foot when it hurts, and then move on to solving the urgent need. 』

If the inventory cannot be sold and the debts cannot be paid off, Beichuan Electrical and Mechanical does not have the strength or the will to cover the whole situation.

After a few words of encouragement, Jin Shang returned to the company with a batch of Venus game consoles and cassettes that served as prizes and condolences, and then arranged for a discount promotion on the Jinxi Mall platform. Among them, he spent money to buy the game consoles for the promotional space. Start to continuously create a sense of presence in the homepage advertisements.

Jin Shang worked hard to worry about selling inventory, not because Jin Shang wanted to make some money, but because he needed to increase sales quickly.

Financing is imminent, how to show the power of e-commerce as a new channel?

How much the goods are sold can best explain the problem.

Not only to show value to investors, but also to generate cash flow in the account.

Not long ago, Jin Shang and Mei Yingnian talked about the establishment of a licensed bank, which is in progress. How much say Jinxi Culture can have in it depends on how much strength and potential Jinxi Culture can have.

At that time, Jin Shanggu boasted that before the millennium, it would provide a capital flow of no less than 50 billion. In the past five years, it is neither long nor short. If this time can be shortened by half, in the future joint-stock system In commercial banks, you will definitely get more benefits.

Nowadays, industries that can provide huge amounts of cash flow are not affordable for ordinary people. They are either state-owned enterprises or large joint-stock companies.

It's now [-], and it's really rare for banks to be able to maintain a large customer with a turnover of more than [-] billion for a long time.

Mei Yingnian's family has a big business. Shipping, shipbuilding and real estate are all labor-intensive and capital-intensive industries. Even so, it is still difficult to mobilize billions of funds at will.

The advance payment deposited in the third party is not Jinxi Culture's money in name, and the risk of misappropriation at will is extremely high. However, once the third-party payment license is approved and can be used legitimately, the meaning is different.

When my second uncle was managing the "Three Kingdoms City" cultural tourism real estate, he was also advancing the application for a licensed bank, looking for partners, and asked about third-party payment.

At present, there is no conclusion yet. However, the policy level tends to be limited and open to entrepreneurship and innovation. After all, the Internet is a new thing, and e-commerce is a new business format that has no precedent in the world. , Jinxi Mall is the first technology company to set foot in this field and reach scale.

That’s it for other fields. Industries that are on the cusp of the storm should not be taken lightly.

"It will take some time to issue formal licenses. Adjustments to laws and regulations require procedures. The relevant departments will set up a joint supervision group and issue temporary management measures to explore the way of limited access after review. Is three-party payment possible..."

Mei Yingnian said this on the phone, and Jin Shang didn't know whether to be happy or disappointed.

"I think this means, don't say whether it works or not, try it first, promote it if there is no problem, stop it if there is a problem? Or maybe even send someone to supervise it?"

"It's normal. Don't have any objections. At least, your fast payment channel is open..."

"It's just a gaping hole, and it could be closed at any time."

Jin Shang, who was secretly cursing, also knew that this was already the best result at the moment. If it hadn't been for the right time, place and people, it would have been hard to say.

"Then...that's it! I'll try to expand the transaction volume first..."

"[-] million by the end of the year, is there any hope?"

Mei Yingnian asked hopefully,

"In the A round of financing, you went to your aunt's house to stabilize a super source of goods. This is right. When you are not very short of money, bringing in strategic partners and getting resources is the first priority. If you can do it here It’s more beautiful. You don’t need to find it yourself for the next round. Some venture capitalists come to your door and beg to enter..."

"Yeah! In fact, there are people who have connections now, but there are not many capable people, so I don't pay much attention to them."

How can it be so easy to find bargains here in Jinshang?
If he just invested money, Jin Shang wouldn't want it at all.

Thinking about those time-travel novels in the past life, what kind of venture capital was involved, and the startup companies that were going to be popular in the future were planned in advance. It was really too much to think about.

You have no power and no way to invest. Even if you are lucky enough to get a bargain, being able to make a small amount of money and cash out smoothly without being kicked out is already considered a very conscientious person.If you don’t have the resources in your own hands, even angel investors can’t do it.

An ordinary person who has no power and no resources for exchange and enters the capital market waving banknotes is a lamb waiting to be slaughtered.

If you are a "vegetarian", don't come here. This industry is all "meat-eating". If the capital of the same jackal, tiger, and leopard shows signs of decline, it is possible for them to be divided and eaten, not to mention the innocent little white rabbit.

From the very beginning, Jin Shang understood that he would never be able to survive alone in the Internet industry. He had to find reliable allies to survive in the treacherous shopping malls.

E-commerce, which has the most significant economic benefits, and third-party payment, the hot potato of the future financial industry, are the best tools for wooing strategic investors. They are naturally closely connected with the real economy and are the most capable traditional fields in the Internet era. A tool that goes deep into people's daily lives.

The former has begun to show its power, but the latter has several thresholds to overcome. Among them, legal risks and qualification issues have always troubled Jin Shang.

Mei Yingnian brought good news, but not all good news.

For new things emerging in the Internet industry, upper-level managers are willing to try them first and let Jinxi Culture explore development directions in areas where there is no precedent before. However, they are not willing to give in easily on core issues.

To put it bluntly, Jinxi’s culture is still not strong enough.

If it doesn't do well in the future, everything will definitely come to an end. If it succeeds, whether or not we can eat the biggest cake is still in doubt.

It can be used, but it is tied up and unable to develop and grow. When the way forward is discovered, there may be a lot of peers to compete.

Of course, the current results are pretty good. At least it can allow e-commerce, which is lame on one leg and is on crutches, to stagger forward.

After thinking about this, Jin Shang opened Jinxi Chat and sent a message to Liu Yanqing, asking him to prepare for the launch of Jinxi Payment.

Since the beginning of offline life and the sale of coupons, Jinxi Culture has been developing third-party payment. However, progress has been slow because it cannot control the policy level. Now it is only a rough outline and it needs to be officially put into use. A period of debugging.

In any case, the "fund pool" plan can finally be started in a nameless but smooth way.

Jinxi Culture has added another large piece of its business territory.

Currently, the three most important things are to increase the transaction volume of Jinxi Mall, increase the active users of Jinxi Chat, and... make money.

As e-commerce transactions become more and more popular, the financial data of Jinxi Culture are reflected in increasing losses.

Before the warehousing and logistics channels were opened up, the operating costs of e-commerce platforms had always been high, especially the broadband tariffs these days, which really made those who heard it sad and those who saw it shed tears.

After a lot of hard work, after deducting the human and material costs, I basically worked for the operator, and I still had to pay a few extra bucks.

As for the suggestion to increase the retail price of online shopping and make the financial statements look better, many people have said that Jinshang has defied public opinion and still maintains the strategy of small profits but quick turnover, and even a slight loss to increase the trading volume.

Since there are no plans to make money in the e-commerce field for a while, it is natural to spend money to support the situation, and it is inevitable to use offline profits to supplement online.

However, judging from the current situation, online shopping turnover is rising much faster than profits from newspapers, magazines, Internet cafes and copyrighted content operations.

Within two months, Jinxi Culture will turn from profit to loss.

Jinxi Mall's launch of a financing plan is both a strategic decision and a last resort. It would be a huge loss to use your own money to fill the hole.

Because it was weekend time, there were not many employees in the company, so Jin Shang only handled some chores. After lunch, he went to the lounge to rest.

At three o'clock, Jin Shang regained his energy, looked at his watch, and went to the football field to check out the situation of today's charity match.

With Jin Toki as the boss coming forward, Jin Shang felt a little more relaxed. He strolled to the stadium stands and watched the game below just starting.

The weather is a little hot, about 32 degrees Celsius. Fortunately, there are some thin clouds in the sky and the sun is not too strong.

Because it was a warm-up charity match, Jin Shang originally thought that not many fans would show up.

Scanning the stands, it was a bit surprising.

In a stadium with a total of [-] seats, the stands on both sides of the stadium are almost full, while fans are sparse in the corners with poor visibility.

A rough estimate shows that about 6000 people were present.

Jin Shangdu was a little surprised that such a weather and an unimportant game could attract so many spectators.

It seems that in the first and second half of the season, the team's excellent performance and the hope of being promoted again have made the fans extremely enthusiastic, and they are willing to come to watch the game even if it is a warm-up match.

In a match against a strong team at a higher level, Beijing Northern United's performance was also remarkable, especially the new aid Ajima who came on as a substitute in the last 10 minutes. His active performance was really eye-catching.

It’s very rare for an amateur player who comes from a wild football background to not fall behind in the professional arena. What’s more, he still performs well.

Before the game ended, Jin Shang left the game early. After watching the team's performance, Jin Shang was full of confidence in being promoted this year.

As long as the head coach doesn't make mistakes and the team management doesn't make mistakes, they can play in the second level next year.

That night, Jin Shang saw a photo of Lao Jin holding a large donation check and taking photos with relevant parties in the newspaper, as well as a lengthy news report.

The sponsors behind it and Jinxi Culture also enjoyed a wave of popularity.

The capital is truly a unique geomantic treasure.

In another city, a low-level charity match, as far as the locals and relevant parties are concerned, is different for a football club that has been rooted in the capital for decades. The ticket revenue for a charity match is hundreds of thousands, plus the promised peripherals The income, as well as the personal donations from the boss and a few caring people, made up for the amount of one million. Donating to the recipients in public is still very interesting.

100 million, this year's top transfer bid is the same price. Donate as much as you want. It's really big news when the league is about to restart in the second half.

(End of this chapter)