I asked you to save a bankrupt factory and you became the richest man in the world.

Chapter 37 Chapter 037: Become bigger and stronger!

In just one month.

The offline channel dealers Ningyuan found turned from impatient, to excited, and finally to regret!

This little-known MP3 brand initially offered them the goods and then refunded them.

Then, as the M1-MP3 was selling like hotcakes, the quantity gradually became insufficient. The goods could not be taken first, but had to be paid first before delivery.

All right!Seeing that there were not many goods, the big guys gritted their teeth and accepted it.

However, in the next half month, it will be incredible!

All the goods are gone, all channel dealers have to queue up, and pay cash first, and get the goods in the order of cash payment, first come, first served!

And, what’s even more terrifying is that because Hillhouse brand MP3 players are not well-known, the ones I met earlier were all small channel vendors and none of them had signed an exclusive agreement.

Therefore, more new channel vendors are coming, hoping to represent this easy-to-sell MP3 player.

but!

no stock!

sold out!

Now the previous channel dealers are feeling a little regretful. They thought Hillhouse was a small machine, so they didn't order a few more.

During the hot sales period, you can make money just by taking the goods!
What's even more outrageous is that some scalpers are adding fuel to the fire, specifically buying new M1-MP3s in some stores, and then turning around and selling them at an increased price of 200-500 yuan.

Exaggerated, too exaggerated!
This means that in 04, for the first time in China, a land full of admiration for foreign countries, a local brand of financial products appeared!

In the past, what appeared to be panic buying and electronic financial products were all expensive items such as air conditioners, televisions, and refrigerators from Sun Country.

These were popular products in 23, but most people couldn't afford to sell them with several years of income.

These are the high-end goods in people’s minds.

And now, a small MP3 breaks this convention!

More importantly, compared with these third-rate channel dealers who have a small storefront in a certain electronic mall, some large agents from the surrounding provinces of the Changjiang River Delta and the Zhujiang River Delta have begun to come to discuss business.

Although they may only have a few appearances, compared to the previous situation, they are greatly improved.

Moreover, now Hillhouse Technology can also enjoy a special discount of one month's repayment, which was unimaginable before.

Most suppliers have resumed pressing payments and goods, and many manufacturers are even willing to hold down payments for three months!
You must know that the smaller the factory, the less able it is to occupy excess working capital. It falls into an endless cycle of no capital, no high wages, no high-productivity products, and no capital.

This means that Hillhouse Technology has passed this battle and can basically make comprehensive use of the supplier's funds. The turnover that can be mobilized here is at least tens of millions. The energy contained in it cannot be ignored.

Now Hillhouse Technology is nothing more than tens of millions of dollars. When the size of this company reaches hundreds of billions, the energy it contains will be very terrifying.

In Gao Huaijun's previous life, when real estate was booming, profit was not actually considered when acquiring land. The core indicator was only the flow of funds!

As long as the invested capital recovers within 6 months, you can play.

This is the magic of finance!
Through financial leverage, you can play higher-level games compared to your own strength.

This is also the core reason why a certain company in Hangzhou was hit hard by thunder!

Spending 08 million means leveraging tens of billions of funds.This is even more exaggerated than the CDS junk bond crisis and the European debt crisis during the [-] financial crisis in Gao Huaijun’s previous life.

Who controls financial security on a macro scale?
. . . . . .

It was more than half a month after Gao Huaijun learned about the monthly sales of MP3.

An evening news broadcast by Xicheng TV station sparked excitement in every corner of Xicheng. Even some people who did not know MP3 became curious.

[Actively promote the high-quality integrated development of high-tech companies and Xicheng, and write a new chapter of rapid industrial upgrading in Xicheng in a deep and practical manner. We need to support a group of high-tech companies with development potential! 】

highlighted in the news.

It is necessary to firmly grasp that the construction of the Changjiang Delta core economic circle is a major strategy for Xicheng area to promote modernization and upgrading, strive to create the implementation and development of regional high-tech industries, and better play the "three roles" in the overall development of Xicheng.

High support and heavy implementation should be regarded as the two keys to promote Xicheng's integration into the construction of the Changjiang Delta Economic Circle, firmly implement the new development concept, and support a group of market-competitive enterprises as leaders in guiding Xicheng's economic development.

This news also highlighted high-tech companies such as Heilan Group, Xicheng Suntech, SK Hynix Semiconductor, and Hillhouse Technology.

The news was short, but it was the headline of the evening news on Xicheng TV station.

As soon as the news came out, it sparked heated discussions on the Nanchang Street Forum in Xicheng.

Netizens are very unfamiliar with Hillhouse Technology, but are very familiar with companies such as Heilan Group, Xicheng Suntech, and SK Hynix Semiconductor.

After all, these are the most prominent large enterprises in Xicheng, and they have contributed a large amount of GDP and tax revenue to Xicheng!
But the key is!

What kind of company is Hillhouse Technology on this conspicuous package?
How can you be so virtuous and capable, so that you can be ranked alongside these big companies?

When netizens took another look, they suddenly smiled knowingly and were amazed after other netizens' popular science.

This Hillhouse Technology turns out to be the former Hillhouse electric fan factory that made all other noises except the fan!

An electric fan factory, and one that produced low-quality products, actually transformed into a company called Hillhouse Technology?
It was also proactively named by Xicheng TV station and turned into a high-tech company with potential?

then.

Some well-informed people have directly uncovered some of the inside story, causes and consequences of Hillhouse Technology’s development.

Immediately, netizens expressed their astonishment.

[It turns out that the portable electric fan is made by them! 】

[There are also small air conditioners and fans that are also made by them. 】

[A bit awesome!It only took one year to build this high-tech company from an electric fan factory that was on the verge of bankruptcy. 】

[It has transformed from an electric fan factory into a high-tech manufacturer that produces MP3 players. Who is this manufacturer? 】

[This MP3 player is really good to use. When you plug in the headphones, it sounds very clear, with exactly the same kind of low-pitched noise. Moreover, the one I have is green and white in contrasting colors. It feels very good on the outside and looks very beautiful. When I took it to my workplace, the people there thought it was a Sunland brand product like Sony's. 】

[My friend bought one, but it was very expensive, costing 1200 yuan each. Someone in our class bought one. Looking at others, he was indeed the most handsome boy in the class! 】

[Other MP3 players are equipped with batteries, but this one is rechargeable. Although it is a bit more expensive, it is quite cost-effective after using it for a long time. I used to save electricity when using other MP3 players, but now I don’t need to save like this at all. It saves a lot of money. There are also many batteries. 】

(End of this chapter)