Reborn since 1993

Chapter 1060 The butt determines the head
Everything that is happening around Dongling Hi-Tech and Feiyan Technology seems familiar, yet somewhat strange.

If you look down from the air, you will see that the Dongling Hi-Tech Industrial Park is currently undergoing extremely busy operations.

Suppliers of Dongling Hi-Tech's parts industry chain scattered across the country continuously deliver parts to Dongling Hi-Tech's parts industrial park from all over the country.

Then the finished Feiyan MP3 players are taken away continuously. This scene is almost an endless cycle.

The road in front of the Dongling High-tech Parts Industrial Park has been widened. It originally had four lanes and now has six lanes, but it is still not enough.

The entrance of Dongling Hi-Tech Industrial Park is still one of the areas with the heaviest traffic in the entire Pingyang, the other one being the Torch Group Industrial Park.

Rumor has it that the Pingyang Municipal Government plans to continue expanding the road where the Dongling High-tech Parts Industrial Park is located next year.

The funds were invested in Dongling Hi-Tech's supporting facilities in Pingyang, and no one in Pingyang had any complaints.

This kind of busyness has happened before, but the difference this time is that in the past, most of the parts and products were transported by land, but this time they were all transported by air via Binh Duong Airport.

Time is money, and this statement has become a reality when it comes to Feiyan MP3. Now MP3 is hard currency and can be directly exchanged for US dollars or gold.

If you don’t believe me, just ask the smugglers at the Mexican border and in the hands of the Italian Mafia throughout old Europe to see how tough Feiyan MP3 is now.

Not only Dongling Hi-Tech Pingyang Industrial Park is equally busy, but Dongling Hi-Tech's three major production bases, Dongling Hi-Tech Yangcheng Production Base and Dongling Hi-Tech Shanghai Pudong Production Base, have also started to launch the Feiyan MP3 production line.

And for domestic scalpers, now is a golden age!

What will happen when the price of Feiyan MP3 players in China is lower than that overseas?
Although the prices of Feiyan MP3 players have increased a bit among domestic dealers, the domestic consumption level is still there. Although the prices have increased, there is a Shenzhou store under Dongling Hi-Tech there, so the increase is only RMB or .

But in America, old Europe and other places, the price increase of Feiyan MP3 starts at fifty US dollars, or even more!
In these markets, Dongling Hi-Tech's self-built sales channels have not yet been completed. Although Wanjia Electric Appliance City exists, its influence overseas is still limited, and its main sellers are still overseas agents and distributors.

These overseas agents don’t care about the suggested price given by Dongling Hi-Tech. Even though Dongling Hi-Tech’s price of US$399 has reserved enough profit sharing for the agents.

But as long as there is profit and the machines can be sold, they will naturally raise the prices. After all, the higher the price, the more dollars will go into their pockets. This has led to the selling price of an MP3 machine overseas to exceed 450 US dollars!

Therefore, when a Feiyan MP3 was still sold for 3190 RMB in China, but for 450 USD overseas, equivalent to 3600 RMB, or even more expensive, domestic scalpers came out in full force to buy the machines and hand them over to overseas scalpers.

For a time, the gray import market in Hong Kong and Siam was extremely hot, and Feiyan MP3 was the most popular hard currency in the gray import market. As long as you had a Feiyan MP3 player and could find the gray import market, you could go in and exchange it directly for US dollars!
This craze will definitely not last long. With the increase in Feiyan MP3's production capacity and the emergence of various MP3 brands, it is not easy for Feiyan MP3 to maintain its price of US$399.

But that is a matter for the future. For the agents, distributors, retail stores, scalpers and backpackers of Dongling Hi-Tech and Feiyan Technology, now is the most profitable time.

……

"Sell all the machines!"

Cao Taizheng took a deep breath and told his scalpers that he was going to sell all the 627 Feiyan MP3 players he had in stock.

They added forty dollars to each machine and sold them to another group of scalpers. Now, any scalper who has an MP3 machine has his phone flooded with calls from his peers.

God knows why there are so many scalpers. Those who want to buy the phone in Cao Taizheng's hand are scalpers who specialize in the Russian and Eastern European markets.

Logically speaking, the Russians are extremely poor now and they have problems with food, let alone buying MP3 players which are now considered luxury items.

Even Feiyan Technology did not consider Russia as the first launch market for MP3, but there is still demand for MP3 in Russia and Eastern Europe.

The scalpers who buy goods from Cao Taizheng focus on a small group of users in Russia and Eastern Europe. Selling a few thousand or tens of thousands of units is not a problem!

After all, whether the Russian leeks are hungry or not is none of the business of the powerful Russians and the oligarchs. They will not go hungry.

After all, even though the Russian economy has been very depressed in recent years, the sales of various luxury goods such as BMW, Audi and Chanel have continued to rise in Russia, and this is still on the surface. As for how many are smuggled in, it is even more difficult to count.

Anyway, the Russian oligarchs have repeatedly appeared on the European and global rich lists. These years have been the times when the Russian oligarchs have been the most arrogant and crazy in showing off their wealth.

An MP3 player that is popular in old Europe will definitely sell well among the wealthy Russians. The key is to have the connections and channels among the Russians.

Well, being a scalper is a technical job, which requires connections and channels. Most people can't handle this...

Cao Zhengtai had no idea how much the scalpers who bought these MP3 players from him would sell them for after shipping them to Russia. But he knew that these scalpers were going to ask technicians to replace the Chinese version of the MP3 players with the Russian version. After this smooth trick, Cao Zhengtai felt that once the players were shipped to Russia, they would probably cost more than a thousand dollars each...

But Cao Zhengtai had no idea how much the other party sold it for, and he didn't want to care. He just wanted to make the money now. Excluding the cost, 627 Feiyan MP3s earned him RMB!

The key point is how long it took, just over twenty days, and the two million yuan of capital was exchanged for a profit of two hundred thousand yuan, which is almost as slow as making money from robbery.

The average annual salary in Guangzhou is now around 14,000 yuan. The places with the highest average annual salaries in the country are Guangzhou, Pengcheng, Yanjing, Shanghai and other places. These are already the regions with the highest average annual salaries in the country. In other places in the country, the average annual salary is only 7,000 to 8,000 yuan.

Two hundred thousand is equivalent to the amount that a current wage earner in Guangzhou can save in 25 years without eating or drinking. If it is put somewhere else, it will take years to save.

If the few scalpers who followed Cao Zhengtai said they were not envious of the money he made, that would be absolutely bullshit.

The fact that they can earn in less than a month what it would take a salaried person decades to make has a huge impact on their worldview.

Cao Zhengtai made a profit and did not treat his three younger brothers badly. He gave each of them more than 10,000 yuan in errand fees and bonuses, which was equivalent to the annual salary of an employee in Yangcheng!
But Cao Zhengtai knew clearly that he only earned a small amount of money, at most he could just take a sip of the profits. It was said that Xue Jingwu, Shen Anming and their gang of local scalpers in Guangzhou really made a fortune this time.

Cao Zhengtai heard that Xue Jingwu's gang of scalpers seemed to be making a big profit this time. As for how much they earned, perhaps only they themselves know. But as for the international scalpers, they will probably have a share in the future!

When Cao Zhengtai and his gang of scalpers made huge profits, one can imagine how much money agents like Chen Zuhan, who got the agency rights of Feiyan MP3, made.

Chen Zuhan has taken advantage of the huge sales of Feiyan MP3 to expand his channels to Jiaozhi and other Southeast Asian regions. In the future, Chen Zuhan will have considerable influence in the electronics markets of these regions.

You should know that among the electronic products represented by Chen Zuhan, it is true that the most profitable ones are those under Dongling Hi-Tech. However, in addition to Dongling Hi-Tech's products, he still represents many domestic electronic and home appliance brands.

As the largest agent in the electronics industry in Guangdong Province, he has opened up overseas electronics sales channels. In the future, the profits earned by his Hanhai Trading will probably increase exponentially!

……

"Hello, Mr. Fu!"

"Manager Fu!"

When he arrived at the headquarters of Dongling Hi-Tech, Fu Cheng could basically hear voices of goodwill towards him wherever he went. Even the senior executives of Dongling Hi-Tech headquarters had to be polite to Fu Cheng.

This was at the Dongling Hi-Tech headquarters. Outside, Fu Cheng was almost praised to the sky. A large number of media outlets, including the central media economic channel, central media technology channel, Hanxi Provincial TV station, Pingyang TV station, Yanjing Business Daily, Hanxi Daily, Science and Technology Daily, China Youth Daily, Post and Telecommunications News, etc., conducted exclusive interviews with him and put his photo on the front page.

There were even TV stations and media from Hong Kong, Japan and Taiwan that came to interview him.

Feiyan Technology’s market value on the Nasdaq exceeded US$10 billion, making it the second Internet concept stock with a market value of over US$10 billion after Yahoo.

Feiyan MP3 was a big hit and was believed to replace Sony's Walkman. Some media even touted that Feiyan Technology would become the world's number one music player stock. Its market value skyrocketed again. At this moment, Fu Cheng had undoubtedly reached the peak of his career as a professional manager!

"Clap clap clap!"

When Fu Cheng walked into the conference room of Dongling Hi-Tech headquarters, there was a burst of applause, and Mr. Li also applauded Fu Cheng with a smile on his face.

Unexpectedly, everyone in the conference room, especially Mr. Li, arrived early, which made Fu Cheng obviously a little flustered.

"Mr. Li, I'm late!"

Fu Cheng hurriedly said to Li Dongling.

Li Dongling waved his hand nonchalantly, "Everyone arrived early today just to wait for you, the great hero!"

"Old Fu, you are now the number one person in the concept-stock market in China!"

Zhang Ao, Gao Peng and others also teased Fu Cheng.

The head follows the butt. Fu Cheng is indeed a great contributor to everyone present. Feiyan Technology's stock price has skyrocketed, and the net worth of the Dongling executives present has also skyrocketed!

(End of this chapter)