Reborn since 1993

Chapter 1322 A gluttonous feast
When the million MP3 players prepared for the Flying Goose 2nd Generation were gradually sold out, the machines began to disappear from the market.

When Feiyan MP3's production capacity is unable to meet the huge order demand in a short period of time, the price of Feiyan MP3 naturally rises accordingly!
For middlemen and scalpers in particular, this is a feast for the eyes.

For these scalpers, big and small, as long as they have stockpiled Feiyan MP3 players, they can sell them at a higher price!
Cao Taizheng, who has now become a notorious scalper, has accumulated his wealth almost entirely through reselling Dongke Group products over the years.

This time, Cao Taizheng went all out, stockpiling two thousand Feiyan MP3 players, which doesn't seem like a very large number.

However, considering the pricing of the Feiyan MP3 player, the STN version sells for $399, which is equivalent to 3192 RMB, while the LCD screen version is priced at $499, which is equivalent to 3992 RMB.

Even though most of the machines that Cao Taizheng stockpiled were STN screen machines, it still took him nearly 6.78 million yuan to stockpile the two thousand machines.

Now, when Cao Taizheng ships his Feiyan MP3 players, the price is basically increased by more than 30%. This is to be on the safe side, so that he ships some of his stock in advance to avoid having any unsold stock.

Next, we need to see the supply of Feiyan MP3 players on the market. If the supply is large, then scalpers like Cao Taizheng will choose to take their profits and run.

If the supply is insufficient, the price of the machines in the hands of scalpers will likely rise, and it's not impossible that the price could even double!
Regardless of which model he chooses, Cao Taizheng is poised to make a fortune this time.

Even if Cao Taizheng sells the goods at a 30% markup, he can still earn nearly a million yuan in profit from this round, and it will only take about two weeks, or even ten days, to complete the transaction!

To put it bluntly, this is a way to make money faster than robbing a bank, but the risks are negligible compared to robbing a bank.

As for whether Cao Taizheng can actually ship the product, there is no doubt about it. The main supply market for the Feiyan 2nd generation is still the overseas market, after all, its price is still a bit high for domestic users.

This meant that the Flying Goose 2nd generation was mainly supplied to the United States, Europe, Japan, and other regions, and not many units were released domestically.

Of course, this doesn't mean that the Flying Goose 2nd generation won't sell in China or in Southeast Asia and Eastern Europe; it's just that the priority level is different.

To put it bluntly, as the world's largest consumer market, America's consumer base is much more lucrative than other places...

Therefore, Cao Taizheng has no trouble selling the machines he has. As long as he is not too greedy and doesn't insist on doubling the price of the Flying Goose machines, he can sell them even with a 40% or 50% markup.

In other words, Cao Taizheng didn't have access to overseas scalpers and parallel import channels; otherwise, he could have used the same tactics as those professional overseas parallel import teams.

Flash the firmware on Feiyan MP3 players to make them available in English, Japanese, German, French, and other languages. Then, resell them overseas as grey market goods. Since there are no tariffs or other miscellaneous fees, the profits can increase significantly!

Currently, professional overseas grey market trading teams have emerged in China for products from the Dongke Group. In addition to high-quality counterfeits and knock-offs, there are also specialized technical teams that flash the firmware on the devices and resell them overseas, making substantial profits.

After all, some people are willing to risk their lives for a business, but no one is willing to do a business that loses money. Going to such lengths and making such a big fuss must mean they're going to make a fortune.

When Flying Goose 2 becomes profitable, all sorts of interest groups will emerge around it, some legal, some starting to take unethical approaches.

But whether it's Cao Taizheng or the other yaks, in reality, they are nothing more than scraps in this gluttonous feast, barely managing to get a little soup.

The huge success of the Feiyan 2nd generation directly benefits Feiyan Technology and its major shareholder, Dongling Hi-Tech. Within a week of its launch, the Feiyan 2nd generation raked in $429 million in the global market, giving Dongling Hi-Tech a strong start to the year!
Putting aside stock prices for now, all of this money is real cash. After all, stock prices can be deceiving, but the US dollar and gold cannot!
Following Feiyan Technology, the ones who benefited from the success were Dongling High-Tech's component supply chain and various channel partners.

These two groups are able to reap the benefits of Dongling Hi-Tech's success. The more Feiyan 2nd generation products are sold, the more orders Dongling Hi-Tech's component supply chain suppliers will receive.

Companies like Sichuan Rong Co., Ltd. and Jinyang Electronics, which are both suppliers of Dongke components and listed companies, are even better off.

Not only were orders pouring in, but the stock price also skyrocketed, and the founder's net worth continued to soar!

Distributors and agents of Dongke across the country are making money hand over fist. Scalpers are secretly selling at inflated prices, while distributors can directly receive a share. Similarly, the employees of retail stores also receive commissions, so they are naturally working hard to promote Feiyan MP3 players!

Feiyan Technology, Dongke's component suppliers, and Dongke's distributors all directly benefited from the Feiyan 2nd generation's success.

Meanwhile, Wall Street institutions, major A-share securities firms, and stock investors who bought shares in Feiyan Technology and Dongke concept stocks all indirectly profited. The surge in the share prices of Feiyan Technology and Dongke concept stocks naturally brought them huge profits; some Wall Street investment institutions may have even earned far more than Feiyan Technology sold MP3 players.

For Wall Street institutions, the actual sales volume and revenue of Feiyan MP3 are not the most important thing. As long as they can convince retail investors that Feiyan Technology's stock price is going to rise, that's enough. They just need to frantically drive up the stock price and then wait for retail investors to take over and cash out!
This is why Wall Street institutions like to hype things up, because the money comes too quickly. Compared to companies like Feiyan Technology and Dongling High-Tech Innovation Lab, which spend a year developing new products, then set up production lines to manufacture them, and finally sell them through stores.

Wall Street institutions can make huge sums of dollars with just a few clicks of the mouse, so naturally they are unwilling to stoop down and earn that hard-earned money.

The frenzy surrounding Feiyan MP3 was also a frenzy for Dongke concept stocks. From employees of Dongling Hi-Tech and Feiyan Technology themselves, to contract manufacturers, component suppliers, distributors, advertising companies, retail store salespersons, Wall Street and various investment institutions, and even scalpers, hundreds of thousands, or even millions, of people worldwide have entered this Dongke ecosystem, from domestic to overseas.

The livelihoods of millions of canal workers depend on Dongling High-Tech, which has established a system in its old base in Pingyang and on the mainland.

Starting this year and continuing into the future, we need to bring people from America, old Europe, and many more regions onto the Dongling High-Tech chariot.

This includes powerful figures such as future overseas software developers, overseas agents, distributors, retail store clerks, advertising companies, public relations companies, local store landlords, and local councilors, all of whom will be drawn into the same camp as Dongke.

Even if these overseas regions want to mess with Dongling High-Tech one day, they will have to think twice. It is easy to mess with Dongling High-Tech, but if Dongling High-Tech just walks away, a lot of people will lose their jobs and the interests of powerful figures will be damaged. How will they deal with these messes?

When one attains enlightenment, even his chickens and dogs ascend to heaven. But if the enlightened one encounters trouble, those who ascended with him will also fall from the sky!

……

"Breaking news from the port city: Today, the Australian Customs Service seized a batch of electronic devices totaling 2.4 units."

This is the largest smuggling operation seized by the Australian Customs Service this year, with a total value of nearly HK$824.92 million. The Australian Customs Service has confirmed that the goods were manufactured by Feiyan Technology, a company based in mainland China.

The Australian Customs Service seized this smuggled goods, involving multiple smuggling rings from the mainland, port cities, and Australia…

It was not unusual for Pingyang TV to broadcast a news story during the evening news.

Since Pingyang TV began its efforts to go satellite TV, it has spent a lot of money to import various news, including cooperating with media outlets such as TVB in Hong Kong to import news from Hong Kong and other places.

It's not just TVB in Pingyang; because of someone, the relationship between Pingyang and Pingyang is constantly warming up. Pingyang keeps inviting delegations from Pingyang to Pingyang, and Pingyang also sends delegations from trade, culture, logistics, food and tourism to Pingyang every now and then for exchanges.

Some companies and industries that have relocated from the port city have also begun to regard Pingyang as one of their settlement locations.

Especially this year, Pingyang's Hanxi IT Training Center officially reached a strategic cooperation with Gangcheng Digital Port Global Technology Center. In other words, Hanxi IT Training Center began to customize or supply talent for Gangcheng Digital Port Technology Center.

Pingyang has become a port city, and the implementation of the Silicon Port Plan is the most important part of it. Its importance to the port city is constantly increasing!
Even in some unofficial documents, Pingyang and Gangcheng have begun to refer to each other as brother cities.

Against this backdrop, when Pingyang TV broadcasts news from outside mainland China, the region it reports on most often is, of course, the port city.

Meanwhile, Xu Yongjin, who was in a room in the former Xicheng Wireless Factory No. 1 residential compound, was having dinner with his family while casually listening to a news report on TV.

Now, Xu Yongjin has a full head of white hair, and his health has become much weaker due to years of hospitalization. He is nothing like the powerful figure he once was when he was the director of West City Wireless Studio 1.

Just as Xu Yongjin was serving his grandchildren a few bites of food, he heard the words "Flying Goose" coming from the TV station, which made him turn his attention to the television.

When Xu Yongjin saw a television report about people smuggling MP3 players manufactured by Feiyan Technology, his eyes widened in surprise.

The Feiyan brand originated from Xicheng Wireless Factory No. 1 when Xu Yongjin was the factory director. However, Xicheng Wireless Factory No. 1 in Pingyang has long become history, and many people in Pingyang have even forgotten about it.

But the Feiyan brand is even more famous, and there are people who specialize in smuggling Feiyan MP3 players, with one batch of goods exceeding HK$800 million!
As the former factory director, Xu Yongjin knew that Feiyan was doing very well now, but he never expected that she could be so powerful. This was so different from the Feiyan he remembered!

(End of this chapter)