Hong Kong variety show: I Am a Tycoon
Chapter 534 Little Smart Phone
A few days later, Wallace received the news that, as expected, the second young master had only managed to borrow around 12 billion from more than 30 banks, which was indeed the other party's bottom line.
After several rounds of negotiations, Wallace reached an agreement with the second son.
PCCW acquired Cable & Wireless for US$12 billion.
This includes the telecommunications industry in Hong Kong, England, Japan, South Korea, Malaysia, and other places.
This extravagant move has caused quite a stir in the business world.
However, what's strange is that after the second son acquired the business of the Eastern Telegraph Company, he immediately spun off Hong Kong Telecom and sold it to Chen Jiajun's Guojun Group for six billion US dollars.
You should know that when the second young master was kidnapped, it was the talk of the town in Hong Kong, and everyone said that Chen Jiajun was behind it.
Who would have thought that they would one day cooperate?
When Wallace received this news, he was so angry that he smashed things in his office all day.
Only now did he realize that he had been tricked by the two of them in a charade.
It's worth noting that Wallace, who had been a prominent figure in the business world for so many years, never expected to be outmaneuvered by two young men in his old age, making him a laughingstock.
Even the board of directors investigated him, suspecting that he was embezzling funds.
However, none of this concerns Chen Jiajun anymore.
Now that Hong Kong Telecom has been acquired, Chen Jiajun's business plan can proceed smoothly.
As for the second young master, he also made a fortune through other businesses of the Eastern Telegraph Bureau, resulting in a win-win situation for everyone.
After acquiring the company, Chen Jiajun went directly to Longkou Shenzhou Technology Company.
In recent years, Shenzhou Technology has become a nationally renowned company in its hometown due to the booming business of portable music players, MP3 players, and electronic dictionaries.
Moreover, thanks to Chen Jiajun's strategy of recruiting some and cracking down on others, although piracy was still rampant, it did not affect the company's operations.
However, a significant portion of the profits was taken away, which greatly annoyed Xu Jiawei.
In particular, there are some local protectionist policies that leave him with absolutely no way to deal with companies that produce pirated goods.
Just as I was having a headache, I heard Chen Jiajun coming over.
He immediately went downstairs to greet him.
"Boss, you're finally here!" Xu Jiawei instinctively wanted to complain.
However, this time things really can't be resolved.
Chen Jiajun waved his hand and said, "I know what you want to say, but I don't have any good solutions for this situation. The only thing I can do is push for legislation as soon as possible!"
"In general, these electronic products are too easy to imitate! They lack sufficient technological sophistication!"
Xu Jiawei nodded: "That's right. People buy them, take a few apart, and can figure out the principles. Some can even make improvements. It's outrageous!"
Chen Jiajun said with a smile, "So, this time I came here to bring you something that these manufacturers can't imitate!"
As he spoke, Chen Jiajun took out something and tossed it to Xu Jiawei.
"A cell phone?" Xu Jiawei glanced at the object in his hand and asked curiously, "Are we planning to make cell phones?"
He looked at the phone in his hand; its bright color and simple, stylish design were indeed comparable to those of big-name brands. If it could actually be sold, it would definitely be a good business opportunity, and because of its advanced technology, those manufacturers trying to imitate Shenzhou Technology wouldn't be able to replicate it.
Chen Jiajun shook his head and said, "This is not a cell phone, it's a mobile phone."
"Huh?" Xu Jiawei looked at the object in his hand repeatedly, completely bewildered. "Is there a difference?"
“Of course there’s a difference!” Chen Jiajun said irritably, “You’re the CEO of a tech company, and you can’t even tell the difference? This thing uses a different technology than a mobile phone… never mind, to put it simply, it’s a landline phone that can be moved around anytime.”
Xu Jiawei said somewhat embarrassedly, "I understand! But boss, can this thing replace a cell phone?"
“It can replace some of the functions!” Chen Jiajun nodded and said, “Most importantly, this thing is very inexpensive to manufacture.”
Xu Jiawei's eyes lit up immediately: "How much lower?"
Keep in mind that in this day and age, even the most basic mobile phone models cost several thousand yuan.
At that time, workers in ordinary factories only earned a few hundred yuan a month.
If there really is something that can replace a mobile phone, Xu Jiawei is sure the market will be booming.
After all, pagers are high-end products these days!
Chen Jiajun said calmly, "The manufacturing cost is less than one hundred yuan, which is absolutely outrageous!"
Upon hearing Chen Jiajun's words, Xu Jiawei's breathing became rapid.
He stared intently at Chen Jiajun and said, "Boss, what do you need me to do?"
Chen Jiajun immediately laughed. He liked ambitious subordinates, and Xu Jiawei was still able to hold the position of president of Shenzhou Technology for this very reason.
He pulled out another PHS phone and said, "This thing requires cooperation with the three major telecom operators, so I need you to heat up the market before I negotiate with them!"
"Huh? Stir up the market? I don't know how to do that!" Xu Jiawei said, looking completely bewildered.
Chen Jiajun shook his head and said helplessly, "What the hell are you doing hiring so many professionals? And you yourself are in sales, can't you do it? You might as well just die!"
Cold sweat dripped down Xu Jiawei's forehead. He hurriedly said, "I... I'll do my best!" "Hmph!" Chen Jiajun snorted coldly, annoyed, and returned to the chairman's office of Shenzhou Technology.
Although Chen Jiajun doesn't come to Longkou often, Shenzhou Technology still kept his chairman's office there.
Chen Jiajun looked at Shenzhou Technology's reports over the past few years and felt a headache coming on.
But that's alright. Walkmans and MP3 players are just gadgets; Chen Jiajun hasn't yet made his move on the real money-making ventures! Anyone who wants to imitate him will have to have the technology first!
Chen Jiajun has invested in many businesses in Longkou, all of which are managed by Han Bin.
So after leaving Shenzhou Technology, I went to see Han Bin and had a chat with him.
Longkou has developed rapidly, earning Chen Jiajun a lot of money over the years, but it has all been invested in Shenzhou Technology.
However, as Shenzhou Technology became self-sufficient, the supply gradually stopped.
Therefore, a considerable amount of funds remained on hand.
"Boss, we still have nearly 300 million in working capital!" Han Bin brought the ledger over for Chen Jiajun to review.
Chen Jiajun glanced at it and said to Han Bin, "Keep it! Shenzhou Technology is going to do something big soon, it'll probably burn through a lot of money!"
"Huh? What kind of business requires burning through 300 million?" Han Bin said in surprise.
Chen Jiajun said nonchalantly, "These things, the more money you make, the more money you burn! You think business is that easy?"
Han Bin nodded in deep agreement: "Damn, doing business is much harder than being a gangster!"
"I heard you and Thirteen Sister are planning to get married?" Chen Jiajun suddenly asked.
Han Bin said rather shyly, "I'm not a kid anymore!"
"Send me an invitation when you get married, and I'll give you a big red envelope!" Chen Jiajun said with a smile.
Han Bin nodded quickly: "Thank you, boss!"
Just as the two were chatting, one of the henchmen said to Han Bin, "Boss, there's someone outside who specifically asked for you! I think his surname is Shi!"
"Shi?" Han Bin paused for a moment, then said to his henchman, "Go and invite him in!"
"Boss, it's probably Big Circle Leopard, they're probably here to find you!" Han Bin said to Chen Jiajun.
Chen Jiajun said speechlessly, "This big-circled leopard probably needs my help again!"
Soon, Big Circle Leopard walked in from outside and greeted Chen Jiajun and Han Bin familiarly.
Chen Jiajun, not wanting to waste words, asked directly, "What's the problem this time that you can't solve?"
Big Circle Leopard immediately looked embarrassed, but he quickly recovered and said with a smile, "Mr. Chen, this matter is not just my business, it also concerns you."
"Hmm?" Chen Jiajun raised an eyebrow and said, "What is it? Tell me about it."
Big Circle Leopard said, "It's about an international money laundering organization, I think it's called DOA! I think you've already dealt with them, Mr. Chen, haven't you?"
"DOA?" Chen Jiajun's eyes sharpened immediately. "Are you sure it's them?"
Big Circle Leopard nodded and said, "This organization has been active in Hong Kong, Macau, Taiwan, Malaysia, Singapore, and other places. We've been keeping an eye on them for a long time!"
Upon hearing this, Chen Jiajun frowned and said, "How does this relate to my hometown?"
The leopard's expression was rather unpleasant, but he didn't say anything.
Seeing his expression, Chen Jiajun immediately understood, raised his hand and said, "Alright, I understand, you don't need to say anything more!"
Seeing the troubled look on Big Circle Leopard's face, Chen Jiajun knew that there were some things that were not suitable for him to ask any further.
So he said to the big circle leopard, "Tell me, what do you need my help with?"
“We have an undercover agent who has been infiltrating the DOA Group for quite some time, working in conjunction with the Hong Kong police and the Macau Judiciary Police!” Big Circle Leopard said with a grave expression, “But recently, things seem to have taken a new turn, and it’s related to your operation!”
"With me? Oh! That Mr. Zorro, right?" Chen Jiajun suddenly remembered something and nodded, saying, "I kicked that guy out of Hong Kong!"
“That’s right. It’s because you drove Zorro out of Hong Kong that DOA headquarters has taken new action. They’ve sent another person in charge here in Asia!”
Big Circle Leopard said, "This bastard called Mr. Gao has laundered nearly 20 billion US dollars from these places in just a few months, which is extremely harmful!"
"Therefore, I would like to ask Mr. Chen to help our special agents obtain Mr. Gao's evidence! And to guarantee that they can safely return the evidence!"
Chen Jiajun asked curiously, "Did you get the evidence?"
The big-circled leopard shook its head and said, "Not yet, but it'll be soon!"
Chen Jiajun nodded and said, "No problem. I'll give you a phone number. Tell the special agents they can contact me anytime!"
Chen Jiajun didn't ask the special agents' identities, so he simply gave them his number.
The leopard's face immediately lit up with joy: "Thank you, Mr. Chen!" (End of Chapter)
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