Hong Kong Island: From a small stall to a global supplier

Chapter 179 Little God of Wealth

Lao Dong never asked Wang Yaotang why he didn't do it himself. After so many years, he was able to lead Donglian News Agency to rise again from the trough. He was very smart.

Firstly: There are no chain audio and video stores in Hong Kong Island at present. They are all run by small vendors. If they are doing well and you suddenly want to acquire them, you either have to offer a price that exceeds expectations or have a good "negotiation".

This process will inevitably involve bloodshed, which will be a big blow to one's reputation.

Secondly: Cooperation with partners other than Heshengyi can enhance Wang Yaotang’s voice within Heshengyi.

In addition: It sends a goodwill signal to fellow gang members that the gang is not all about fighting and killing, and Caishenyao can also cooperate with other gangs.

Finally: Wang Yaotang is hidden behind the scenes, but he can still have a huge impact on the record industry. Considering his idea of building the largest entertainment venue in Hong Kong Island, he is competing with Zhang Yaorong for influence among celebrities.

He picked up the wine glass and gulped down a large cup of glutinous rice wine. The cold wine not only failed to calm him down, but made him even more excited.

"How much can Hong Kong Island sell in a year? How much profit can it make?"

"There are no exact figures. According to the Hong Kong branch of the International Federation of the Phonographic Industry, in 1980, records and tapes sold about 600 million copies, with a market value of about 1.5 million. If you add all kinds of celebrity peripherals, the total market value is no less than 2 million. If you add videotapes, the annual scale will definitely exceed 3 million, after all, videotapes are much more expensive."

"As for profits, generally speaking, the distribution link can occupy 30% of the market. After deducting various operating costs, the annual profit can exceed 10%."

Lao Dong picked up the wine and took another big gulp. What a God of Wealth he is. He talks about hundreds of millions every time he opens his mouth. It makes people's blood boil just by hearing it.

Obviously, what Caishenyao needs is a distribution channel, with its focus on "sex products", and it does not attach much importance to the profits generated by the distribution channels.

"Let's do it!" Lao Dong threw a fist and asked, "How do we divide the company's shares?"

"You and I will jointly invest to set up a company, with the profit split 70% and 30% respectively." Wang Yaotang said with a smile.

"Me, seven?" Lao Dong asked carefully.

Wang Yaotang looked Lao Dong up and down with an expressionless face.

"Ayao, I will do all the dirty work. I don't know how many people will scold me. You also said that you are from an association. Do you think I am a vegetarian? You might even take me to court. You are taking 3%. That's too much!" Lao Dong said with a dark face, "I want 6%."

"It's the Hong Kong branch of the International Federation of the Phonographic Industry, not the Hong Kong Recording Industry Association." Wang Yaotang said with a smile: "It's just a big name, so it can't manage so many things. Besides, can Uncle Mo guarantee stable operation? There's no problem for the society to fight and kill, but doing business..."

Wang Yaotang smiled and shook his head. They were all just slaves. They would definitely work for a regular company, not a social organization.

"What's the point of owning a lot of shares? Making money is the most important thing."

"That can't be 3%, that's like giving money to beggars." Lao Dong shook his head, "5%, half for each person."

"Let's talk about business and not personal relationships. The fact that you can say 5% means that you, Uncle Mo, really have no talent for business." Wang Yaotang smiled faintly and shook his head.

Lao Dong was so excited that his face turned red just now, but now he is embarrassed and angry.

"Any company only needs one voice. You speak, I speak. Even if we keep our heads, the people below us can't keep our heads. Once we start fighting for the right to speak, it means you agree and I disagree, and the company is doomed." Wang Yaotang said in a deep voice: "I can actually find other societies to cooperate with. It's just a little bit of bad reputation. Does the society still have a good reputation? Is 2000 million enough? I don't even have to pay for the shares."

Lao Dong just snorted coldly and said nothing.

"This flower was given to me by the East Union, so I came to you, Uncle Mo. Also, because Uncle Mo is clear-headed and can lead the East Union out of its trough, I am willing to give out my shares."

Wang Yaotang continued his persuasive speech, "Besides, Uncle Mo doesn't think that the only profit he can make is from the distribution market, right?"

"What do you mean?" Lao Dong frowned, "Ayao, are there other ways to make money?"

Wang Yaotang smiled when he saw this, but without saying anything, he reached out and grabbed a few pistachios and put them in his mouth, then picked up the wine and took another sip.

“Okay!” Lao Dong raised his hand and rubbed his face, then refilled Wang Yaotang’s glass. “Uncle Mo admits that his voice was a little loud just now.”

Wang Yaotang laughed out loud, "Uncle Mo, what I admire most about you is your ability to bend and stretch."

"Whether a singer is popular or not is not determined by singing a few songs at Haicheng Restaurant. It still depends on how many records can be sold." Wang Yaotang knocked on the table. "Although Hong Kong Island has only 500 million people and the market may not be very large, it is a weather vane. The number of records sold can greatly affect their sales performance in the entire Chinese-speaking world."

"With his influence in the industry, Uncle Mo can definitely use this as a springboard to get involved in the concert market."

"Uncle Mo, do you know what the biggest difficulty in holding a concert is?" Wang Yaotang asked with a smile.

"Reputation? Local government?" Lao Dong asked in a deep voice.

"What kind of singer is he without fame? With taxes, the government is not a problem. At most, they can choose the songs." Wang Yaotang pointed at Lao Dongjiu with a smile, "The biggest difficulty lies in the local evil forces. Ticketing, venues, equipment, on-site security, etc. The evil forces headed by Lao Dongjiu will set up a lot of obstacles."

"You bad boy." Lao Dong cursed with a smile, but he also understood that as the leader of Donglian Society, after gaining a certain voice in the record industry, he naturally has an advantage in the concert business.

"And it's not just concerts, there are also commercial performances. For example, a wealthy Chinese-Thai tycoon holds a birthday party or wedding ceremony for his son or daughter and invites singers to perform. There's no problem when they go, but it's a bit difficult to leave safely. You can do all these businesses." Wang Yaotang continued to suggest.

"Okay, okay, you are worthy of being the little god of wealth." Lao Dong was so happy that he couldn't close his mouth and agreed immediately.

The excitement slowly faded, and after drinking for a while, Lao Dong got up to go to the bathroom. As soon as he stood up, he felt dizzy and fell on the sofa, holding his head. He felt that the world was turning upside down, and Wang Yaotang turned into several people floating in the air. Wang Yaotang smiled and shook his head, letting you drink a few glasses of wine in a row when you were so excited just now.

……

Four cars were driving on Cheung Sha Wan Road when Ah Jie suddenly shouted, "Slow down."

"What's wrong?" Wang Yaotang turned his head to look over.

Ajie pointed to the side, "Jiujiang Street."

Wang Yaotang laughed out loud, "Why, you want to get off the car and take a look around, to show the people around you how powerful the Seven Killing Star Lord is?"

It's fine if others call him the Seven Killing Star Lord, but when Wang Yaotang said it, Ajie coughed lightly with embarrassment, raised his hand and scratched his head, "No, it's just, um, emotion."

"Haha, my Star God has grown up." Wang Yaotang said with a playful look on his face.

"Pfft." Shaze, who was driving, couldn't help but burst out laughing.

"Laugh, laugh, laugh!" Ajie's face turned red and he slapped Shaze twice.

"You dare to laugh even at the Seven Killing Star God? I will kill you tonight." The co-pilot, Four Eyes, said this and then burst into laughter himself.

"If I want to kill you, I'll stab you to death first!" Ajie reached out and slapped him.

"Wow, you fag, you are such a pervert." The bespectacled guy exaggerated.

After chatting and laughing, the group got off at Changrong Industrial Building.

Sham Shui Po has been the main industrial area in Hong Kong Island since the 60s. Unlike factories in the mainland that occupy a piece of land to build factories, many factories in Hong Kong Island are actually built in this type of industrial buildings.

Industrial land in Hong Kong is not only expensive but also scarce. The British Hong Kong government prefers to convert the land into commercial and residential land because it can be sold for more money.

The government only rents factories like those in Tai Po Industrial Village, and the rent is very high, so many people simply choose to rent space in the building.

Take Changrong Industrial Building as an example. It gathers many small factories and workshops producing clothing, toys and electronic parts. They produce products when there are orders, and move their equipment and disband when there are no orders. They do not carry out any technological research and development, which saves a lot of costs.

Wang Yaotang chose this place not because he wanted to run away at any time, but mainly because the recording factory did not need much space, and the magnetic tapes used as raw materials were small in size and easy to transport. In addition, Sham Shui Po had convenient transportation and recruitment, and there were several industrial schools nearby.

If he were to run a factory in the New Territories, he would first have to deal with the five major families there. He was also afraid that the people from the Tiao Li and Shui Fang would find a chance to retaliate against him...

When we arrived at the 12th floor of the building, the people from the property management company were already waiting there. They bowed and nodded as soon as they came in, and their attitude was very respectful.

Over 1200 square feet, price per month, over 2 Hong Kong dollars.

"10 square meters will be used as a small office, 10 square meters will be used as a changing room, 40 square meters will be used as a warehouse, and the remaining 70 square meters will be enough to house 5 machines." Wang Yaotang took a look around and found the venue to be square and very convenient for planning, so he signed the contract on the spot.

"Boss, do you need to recruit workers? We can do it for you." The property management staff said with a smile.

"You also have this business?" Wang Yaotang's eyes lit up.

"There are hundreds of factories in the building that need workers. Many people will register with us when they don't have work to do, so we can notify them when a factory is about to start work."

"Okay, we need skilled workers who have a high school degree or above and have worked in electronics factories. Both men and women are welcome, and they must be 35 years old or younger. We are hiring 20 people." Wang Yaotang said with a smile, "If the workers you hire have dishonest hands or are disloyal..."

"There's no need for you to do anything, boss. We'll just throw the person into the sea to feed the sharks!" said the property manager with a cruel look on his face.

"Wow, so cruel? Which club are you from?" Ajie suddenly became interested.

"Quan Zhongyi, just call me Agui." After reporting the name of the club, the young people in the property management straightened their backs a little.

"Have you heard of it?" Ajie turned his head and looked at Shaze.

"No." Shaze shook his head and looked at the other party, "Don't sign up for this kind of sunset club. It's so embarrassing that you haven't heard of it."

Agui's face suddenly turned ugly.

Shaze pointed at Ajie and said, "Have you ever heard of the Seven Killing Star Lord?"

Agui was obviously stunned and looked at Ajie in surprise.

"If there's a problem with the people you recruit, I'll turn you into feed." Ajie patted Agui on the shoulder.

Ah Gui froze in place...

(End of this chapter)