My Lord, you need to stand up!
Chapter 550 Don't Let the Chicken Get the Egg
Chapter 550 Don't Let the Chicken Get the Egg
By the end of last year, Dongsheng Trading's cash flow was basically maintained at an average daily gross profit of around 300,000 yuan.
The purpose of computers was to popularize them, but in reality, they didn't make much money.
Shampoo, being inexpensive, doesn't contribute much to the overall economy.
Despite the large amount of real estate being built, there are subtle ways to reserve commercial storefronts and underground parking spaces in each location as revenue reserves.
The main products still rely on large quantities of sanitary napkins, jeans, and cameras.
Odd and ends snacks, exported beef, radios and tape recorders all contribute to the sales, just like shampoo, and the total sales can be quite substantial.
But the women's clothing line officially launched after the start of spring completely changed everything!
There are only about a hundred styles.
In Qin Yuye's words, no clothing store in Hong Kong has a wider variety of styles than this one.
But no clothing brand in Hong Kong can sell so many items in a single style, and they basically have no inventory.
Because the area of everyday fashion for women in mainland China is clearly a complete blank.
There wasn't a single product that wouldn't sell.
In cities below the provincial level across the country, some individual vendors selling clothing have emerged, with varying degrees of openness.
The quality is inconsistent, let alone a brand.
Therefore, the sales of Xililai women's clothing after the start of spring in February directly increased Dongsheng Trading's gross profit to about 500,000 yuan per day.
This is after deducting sales commissions from various regions.
Therefore, paying for the cosmetics production line was not difficult.
As a result, after the cosmetics were launched, the women's clothing paled in comparison!
After all, clothing prices fluctuate with the seasons. Although summer clothes are being launched and sold now, the profit margins for individual items such as T-shirts, shirts, and skirts are significantly reduced.
There is no steady improvement in cosmetics and skincare products.
With rapid cash inflows and prompt delivery of goods, Dong Xueqing calculated that her gross profit had reached approximately 800,000 yuan.
Cosmetics quickly rose to become the mainstay, followed by clothing, then sanitary napkins, and shampoo also expanded to include large and extra-large bottles priced at eight or twelve yuan, increasing in quantity.
What?
Unable to contain his spending urges after making a fortune from spring clothes, Qin Yuye spent the entire month of April in Shanghai importing a 55-foot yacht from Hong Kong.
Of course, the suggestions given to her by the shipping company boss and the foreign trade company boss were all under the guise of developing industrial samples for the shipbuilding industry, combined with overseas donations of equipment from joint ventures, and very low import taxes.
Then they were towed back to Jiangzhou by barge along the Yangtze River!
The last time, when everyone was crammed onto that transport boat and went downstream to Qutang Gorge, it was barely bearable, but the return trip was pure torture.
Cosmetics and clothing are actually industries led by Qin Yuye. Wei Dong knows that these two businesses can make a lot of money, so he fully supports her in dabbling in them.
It is also necessary to rely on Hong Kong's expertise in this area in order to quickly build up production capacity.
So what's wrong with the chairman spending a little money to buy a yacht worth over four million Hong Kong dollars? That's the foreign exchange earnings from selling jeans overseas.
There is no need for domestic foreign exchange to be used.
Wei Dong repeatedly advised him to keep a low profile and not to make a scene in Shanghai, which was already a great favor.
The previous feeling of being flattered and echoed everywhere within the company has been further amplified by the fact that the founding ministers and regional governors of each department are powerful and have begun to push their lord to become uncontrollably arrogant.
“That’s true. As a Hong Kong businessman, you haven’t spent a single penny of mainland money. You bought the yacht for work purposes. But do you think Jiangzhou and Shangzhou will attribute this boat to whom? Do you think I can just buy a yacht to show off after making money on the mainland?” This gave Wei Dong a real headache!
Qin Yuye rarely pouted: "I'm just supporting your tourism project in the Three Gorges. What's so luxurious about this? The replica boats on the right bank cost two or three times more than the original European ones!"
Wei Dong rubbed his temples with difficulty: "You have to look at the current economic situation in the mainland. Producing cosmetics and selling clothes is to improve everyone's quality of life. If you consume like this in ten years, no, twenty years, I won't say a word. The gap now is too big, too obvious."
The Hong Kong girl, wanting to continue her sulky and coquettish act, couldn't help but raise her eyebrows even while pursing her lips tightly: "You've already thought about twenty years from now?"
nonsense!
This made Wei Dong constantly think about what things would be like ten or twenty years from now.
How can we change this situation without it backfiring on us? "Once we arrive, can we stop showing off on the river? We need to use the money to do more meaningful things. Of course, you can use the overseas funds as you like, as long as the foreign exchange quota goes to a Chinese bank."
Qin Yuye reminded him, "When the export funding for Apple computers picks up in the second half of the year, the amount of US dollars will be considerable, and you won't have this anxiety anymore."
Wei Dong scoffed, "This is nothing... It's a lot for us individuals, but it's a drop in the ocean for such a large country. Let me think of something to do."
Seizing the benefits of reform and opening up in the 1980s and making money steadily and ruthlessly is not only easy for reborn and time-traveling individuals, but once you get through the initial capital accumulation of selling cured meat, things become incredibly easy.
Chi Shih-ming repeatedly reminded everyone to seize the time to expand their territory rapidly.
For pioneers of reform and opening up like You Qili, Jin Zhuoqun, and even Hong Tiancheng, and for capable individuals like Xu Rao, there were countless opportunities to make a fortune.
Once you become addicted, you might just be the one who gets carried away and loses all chance.
So the old security guard with the missing hand must be thinking about how to land safely. The tax authorities have seen countless first-generation bigwigs and various celebrities fall from grace.
Qin Yuye was actually quite intelligent. She listened to the advice and realized that only by having Weidong do this could he have a stable future, which was also her greatest wish.
Let's not show off yet. The barge transported the 16- or 17-meter yacht to Jiangzhou, where it was unloaded at a small dock near the cement factory and screen printing factory on the riverbank. A simple double track was made, and the yacht was towed ashore, covered with the original tarpaulin, and a bamboo frame canopy was erected to serve as a shelter from the wind and rain.
Apart from the departments that handle applications for ship certificates, it really didn't attract much attention.
But with such a sudden surge of young tycoons... how could their teams or families possibly contain their brilliance?
In mid-May, Qin Yuye was also happily preparing for her small courtyard, watching with a silent smile as an archway was opened in her courtyard wall. The Xishan Electronic Computer Building had finally been completed.
Even though the interior decoration of the top twenty-odd floors hasn't been completed yet.
After removing the outer bamboo panels, the granite veneer, entirely black and brown, still stands out prominently, like a black warrior on the streets of the new Economic Development Zone.
This time, even across the river, the striking black building can be clearly seen from the city center.
Many citizens came across the river to watch out of curiosity, commenting on the differences between the black and white buildings in the city center and the black and white buildings in the river.
The city officials were eager to come and cut the ribbon, but Wei Dong advised them: "The computer project really shouldn't be too high-profile. There are hotels and commercial centers invested by Hong Kong businessmen nearby, and all sorts of eyes are watching. More importantly, most of us in the computer industry are relocated employees from third-tier factories undergoing restructuring. We don't need to emphasize the official aura too much. However, we would very much welcome the leaders to come and inspect and give us their guidance, and we will humbly accept it."
So I don't know if anyone in Jiangzhou knows that his company bought a yacht.
I just felt that the young man was so low-key and down-to-earth that he was very trustworthy.
The roof and exterior walls are being completed above, while the ground floor lobby and the lower floors are being renovated as much as possible.
This completely separates all research positions from the computer production workshop.
In addition to accommodating all the research departments that relocated from the Third Front factories, this place also encourages scientific and technical personnel to leverage their professional expertise to start their own companies and engage in commercial projects.
For example, the software engineer surnamed Huang who developed the "Chinese character article editing system" was originally the deputy director of a computer research institute.
Rang Weidong repeatedly urged him to start his own business, with the startup capital coming from paying him five yuan for the copyright usage of every X computer that was produced.
The more than 100,000 X Computers that were shipped previously generated 500,000 in pre-tax revenue.
This is something we learned from the contract between Apple and Ron Wei-tung.
The world's richest man, Bill Gates, also earned his first fortune by signing an agreement with IBM to use his software, with each machine receiving a certain amount of payment.
This laid the foundation for the software empire.
Wei Dong used it here, though he only vaguely understood it.
Indeed, if it's a state-owned enterprise, as long as the task is completed, there's no motivation for commercial maintenance or continuous upgrades to adapt to consumers.
If we miss this opportunity when everyone is just getting started, we'll be completely crushed once international office software systems mature and enter the market.
This deputy director, who was in his forties, originally had a carefree and leisurely temperament. But with an income of 500,000... and with the ever-increasing computer production capacity, he was making hundreds of thousands of yuan every month, which made him dizzy.
I reluctantly took on the roles of general manager and R&D director, and recruited a group of people, especially dozens of people who were specifically sent from Jiangzhou University this year to run the software company.
This naturally attracted a large number of software developers to move into the almost free office space and start commercial operations.
They allowed Wei Dong to continue to provide some start-up capital, even though he only vaguely understood it, without requiring repayment. He could simply give Wei Dong some shares in the newly established company.
So the current two or three floors are crammed with various software companies and software development teams, which will likely expand to more than ten floors in the future.
The scale of four or five hundred people is rare in the whole country, and with the relatively slow dissemination of information, it is gradually attracting some software personnel from other places to come and join.
The hardware development was led by a team of skilled developers.
Unlike software development, which is mostly done in isolation, they frequently travel between Jiangzhou, Shanghai, and Xizhou, coming into contact with production lines of varying technical levels.
In the future, I will also go abroad to study as an engineer at a vacuum electronics factory and an Apple computer OEM.
There was no grand ribbon-cutting ceremony; instead, Wei Dong led everyone from Jiangzhou City on a tour of the lobby, which was managed with strict electronic gates for entry and exit.
This electronic gate, the invoice computer being jointly developed with Jinling Factory, the State Economic Commission, and banking departments, and the tax computer that Wei Dong was familiar with, all have their own R&D teams and departments.
Finally, even Hongyan Machinery Factory and Shangzhou Machinery Factory have partnered with the Computer Building to form a research and development team. Now, all the newly built commercial buildings have increasingly mature air-cooled central air conditioning equipment from Hongyan Machinery Factory on their roofs, along with building elevators whose installation numbers are steadily increasing, and a chairlift currently under construction in Kuizhou.
In fact, both require upgrading and replacing the computer board.
It's impossible that in ten or twenty years, every elevator will still need an elderly woman with a back scratcher to operate it.
Of course, this type of elevator is the first time many researchers have ever seen one.
At the beginning of last year, the computer research institute was still in a remote, impoverished area. Now it has been moved to a modern, elevator-equipped building.
It definitely has a sense of upgrading from a slingshot to a cannon.
Standing at the window on the fifth or sixth floor of the Xishan Computer Building, looking out at the several buildings under construction nearby, and the fact that most of the land, divided into about twenty blocks, is still vacant and waiting to be developed.
The city officials couldn't help but express their expectations for Wei Dong: "Build this area as soon as possible. You have described the goal of developing computer research and production on a large scale here. Now you are indeed steadily promoting the entry of home computers into schools. It is also clear that you are trying your best to use other commercial revenues to support computer projects. Therefore, we should fully trust your planning prospects. If you need any support, just let us know, and Jiangzhou City will fully cooperate to build this economic development zone."
Wei Dong is currently pondering how to quietly deplete the abundant cash flow he has.
Am I destined to be nothing more than a helpless real estate developer?
(End of this chapter)
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