Reborn since 1993

Chapter 1286 Success and failure both stemmed from Xiao He

"Dongling High-Tech's total PC shipments this year are expected to exceed 510 million units, accounting for 4.3% of the global PC shipments!"

"Dongling High-Tech becomes the world's seventh largest PC shipper!"

"Dongling High-Tech holds 63% of the computer market share in mainland China!"

"Dongling Hi-Tech founder gives exclusive interview, declaring that he will benchmark IBM and Microsoft's compensation system!"

The Yanjing Business Daily published part of yesterday's interview with Feng Miaoyu in today's paper.

This caused today's Yanjing Business Daily to sell out completely, and even various portal websites and TV stations began to reprint and report on the news from Yanjing Business Daily.

……

"They're even raising salaries! Are they trying to stop us from having a proper New Year? We won't be eating this year, we'll be full of vinegar."

“Our boss has run away now, using the excuse of a business trip to go to another city. I guess my year-end bonus is going to be gone.”

"Is this all we can see?"

"I just want to know, how the hell do I get into Dongling High-Tech?"

"I just saw a news report on Beijing TV that companies under Dongling High-Tech in Beijing, such as Tianya Technology, Focus Media, Yahoo! Taiwan, and Jiangmin Antivirus, have all received quotas for employee housing in the Oriental Garden project built in Zhongguancun!"

At this moment, news about Dongling High-Tech is being hotly debated on Tianya Forum and several major portal websites.

Various posts and comment sections expressed extreme envy for the treatment received by Dongling Hi-Tech.

"That's an apartment in Dongfang Jiayuan! Dongfang Jiayuan is a high-end residential area even in the whole of Yanjing! And they just gave it away to an employee!"

"Upstairs, please note that it's for sale, not for free!"

The reply below corrects the errors in the post above.

However, a post immediately refuted this, saying, "The apartments in Dongfang Jiayuan are sold to internal staff for 3500 yuan per square meter, and they come fully furnished. You can just buy a bed and move in!"
The average price of apartments in Zhongguancun has now exceeded 4,000 yuan per square meter. Moreover, the apartments in Dongfang Jiayuan are all designed in a modern style, with elevators and balconies. They even have requirements for greening rate and plot ratio. They are comparable to the apartment buildings where foreigners live.

Dongfang Jiayuan even provides low-interest loans to its employees, with no interest charged for the first three years!

You can find apartments in Beijing that rival Oriental Garden. If you can buy them for 3500 yuan per square meter, I'll buy as many as you have!

"Seconded!"

"I really want to buy an apartment in Dongfang Jiayuan, but it's impossible to get one. I've contacted several real estate agencies since Dongfang Jiayuan started construction, but I still can't find a way to buy one!"

Posts popped up one after another, and in the blink of an eye, dozens of posts appeared. Housing has always been the most important thing for Chinese people, from ancient times to the present, after all, it is the place where they can settle down and make a living.

"Don't even think about it upstairs!"

"One-third of the apartments in Dongfang Jiayuan in Zhongguancun are sold to outsiders and never actually enter the market. They have long been snapped up by the Beijing municipal government, the Zhongguancun management committee, state-owned enterprises in Beijing, and universities in Beijing."

Not only this year's batch of houses, but also the houses for sale in the third and even fifth phases of Dongfang Jiayuan have been snapped up by various units.

Even the villas in the Oriental Garden development, starting at two million, have been completely sold out!

Tianya Forum is now a gathering place for experts, including many well-informed individuals from all walks of life.

Someone in the Dongfang Jiayuan community who knew the inside story revealed some information to the forum members about why apartments in Dongfang Jiayuan are unavailable for purchase elsewhere.

Forget about buying them, you can't even snatch them up. The few available units for sale have already been snapped up by people from various units in Beijing. There aren't enough for all the units in Beijing to go around, and even the units for the next few phases of Oriental Garden have been bought up.

"Over there at Dongfang Jiayuan, they are still preparing for the school setup, planning to build a school that includes a nursery, kindergarten, middle school, and high school campuses."

Once completed, employees of Dongling High-Tech in Yanjing can leave their children at the daycare while they go to work, and the children will also attend the school there.

The school's approval is highly likely to be granted this year, and it will probably be built under the name of Yenching University Affiliated School.

This post made people on the forum extremely envious. After seeing the configuration offered by Dongfang Jiayuan, do they still think that selling a square meter for 3500 is expensive?

But that wasn't the end. Then, a source in the Beijing Industrial and Commercial Bureau broke another bombshell story.

"The most profitable shopping mall in China this year, Oriental Times, is also selecting a site near Oriental Garden. If confirmed, the third Oriental Times shopping mall in China may be located here as early as next year."

After establishing itself in Pingyang, Dongfang Times Shopping Mall began to expand outwards, and its second shopping mall was built in Hanxi Provincial Capital.

The future Oriental Times shopping malls will most likely be located in Beijing, Shanghai, Guangzhou, or other similar cities. Expansion is a double-edged sword; if done well, it can bring high profits, but if done poorly, it becomes an intractable problem.

What is Oriental Times Shopping Mall?

On the forum, someone curious about the Oriental Times Shopping Mall asked, since the mall is currently only open in Pingyang and its influence has not yet expanded to places like Yanjing.

"The largest shopping mall in Hanxi and the surrounding seven provinces. On the opening day, European football legend Ronaldo personally flew over to promote it. The mall's area is currently the largest in China and among the top three in Asia. It has the highest annual customer traffic in China, with 122 million customers on its opening day, setting a Guinness World Record."

This year, Oriental Times Shopping Mall's revenue may exceed 43 billion RMB, surpassing the 38.5 billion RMB revenue of 100 other shopping malls in Shanghai this year, making it the highest-grossing and most profitable shopping mall in China!

Someone in the retail industry revealed the sales performance of Oriental Times Mall this year, which shocked the entire Tianya forum.

While foreign department stores such as Yaohan, Walmart, Aeon, and Metro were aggressively entering the domestic retail market and were almost about to take control of the domestic retail landscape, Oriental Times Department Store stood up.

It has become a shining example of domestic retail, carrying the banner of the domestic retail industry.

The reason why Oriental Times Shopping Mall has such high sales volume is of course multifaceted. As the most well-known shopping mall in Hanxi and even the surrounding provinces.

The Oriental Times Shopping Mall has created a powerful siphon effect, attracting users from Hanxi and several surrounding provinces like a tourist attraction.

In particular, to address the current problem of inconvenient transportation, Dongfang Times Shopping Mall, in conjunction with Pingyang Transportation Group, has launched a dedicated transportation line.

In other words, people from all cities in Hanxi Province, as well as surrounding provinces and cities, can take vehicles from Pingyang Transportation Group to Oriental Times Shopping Mall if they want to shop there.

You can ride the bus for free as long as you buy something, even just a piece of clothing!
This move makes distance no longer a problem for anyone wanting to visit the Pingyang Oriental Times Shopping Mall.

In addition, the prices at Oriental Times Shopping Mall are transparent, with the factory price, the selling price, and the additional costs due to transportation, warehousing, and other expenses all listed out.

Let buyers know why the items they are buying are priced this way. Even if the prices at Oriental Times Mall are higher than those in regular malls and small stores, it doesn't mean they are deliberately ripping off buyers.

In addition, there are price protection options, price difference refunds, and absolute after-sales repair guarantees, which encourage people from Hanxi and the surrounding seven provinces and cities to come to Oriental Times Mall to buy large items, including televisions, refrigerators, color TVs, furniture, and gold jewelry, even if they are from afar.

For orders exceeding a certain amount, Dongfang Times Shopping Mall offers free delivery and installation, resulting in an astonishing volume of home appliances and furniture shipments. It can even be said to be the largest home appliance supplier in Hanxi.

So much so that even though some home appliance brands have opened their own stores in the area, locals still prefer to go to the Oriental Times Mall when buying home appliances.

Because Oriental Times Shopping Mall really does offer after-sales service. If there's a problem, it will be repaired for free within the warranty period. If it can't be repaired, it will be directly refunded or replaced, or you will get compensation. Oriental Times Shopping Mall will be responsible for dealing with those brand manufacturers.

However, if you buy from those brand stores, you might face endless disputes, or even lawsuits.

In other words, when choosing between home appliance brands and Oriental Times Department Store, many people choose to trust Oriental Times Department Store, which is based on its reputation...

Of course, the high revenue of Oriental Times Shopping Mall is not only due to the sale of goods. The income from the mall and hotel, as well as the sales of the residential properties attached to Oriental Times Shopping Mall, have also brought considerable income to Oriental Times Shopping Mall.

When people on Tianya Forum saw the news about the Oriental Times Shopping Mall's expansion, they couldn't help but wonder what kind of impact it would have on Beijing's retail market if the mall were to open in Yanjing.

Many people on the forums are quite curious about the Oriental Times Shopping Mall, wondering what it's like inside.

However, the news about the Oriental Times Shopping Mall made those Dongke University employees who were allocated residential quotas in Oriental Garden even more envious in the discussions.

Not to mention the furnished apartments in Dongfang Jiayuan, it also has an affiliated school of Yenching University, and there might be another Dongfang Times Shopping Mall coming soon, so you'll have a school and a shopping mall right at your doorstep.

In the future, anyone can imagine how high the prices of houses in Dongfang Jiayuan in Zhongguancun will rise. The prices of houses in Dongfang Jiayuan are probably going to go crazy.

So, is it appropriate, reasonable, or right for a house like this to sell for 3,500 yuan per square meter?

……

"Several component suppliers of Sichuan Dongling High-Tech, including Sichuan Rong Co., Ltd., have announced that they will implement the same year-end bonus scheme as Dongling High-Tech this year, with a bonus equivalent to ten months' salary!"

"Some Changhong employees are dissatisfied with the company's year-end bonus distribution plan this year, which uses televisions as payment for the bonus!"

"Changhong Group's profits have fallen by more than 70% this year, marking its worst performance in nearly ten years."

"Three Fortune Global 500 companies are aiming to spark a new revolution in the television industry. What will become of domestic television manufacturers like Changhong?"

Inside a villa developed by Changhong in Fucheng, Mr. Ni, who was reading a newspaper, couldn't help but slam a copy of "Sanlian Life Weekly" onto the table.

The headline of this report was none other than "Changhong 'Reduces Power'!"

(End of this chapter)