The world begins with Hong Kong movies

Chapter 332 In the end, the time travel wasn't in vain.

Wu Feng was unaware that Little Stutterer Xi Xili had become an artist under his film and television company and was preparing to participate in the upcoming first Asian Arcade Game Competition!
Even if I knew, I wouldn't care too much.

In this part of Hong Kong films, a space-time that blends with the real world, he has seen far too many celebrities.

I've met quite a few of the leaders and hall masters of Hung Hing, including my uncle who hasn't completely retired yet.

Dongxing and other top-tier triad leaders are all renowned figures.

Wu Feng had met many of the big stars from Hong Kong and the world.

The title of "Four Heavenly Kings" has not yet been marketed effectively.

As for the so-called "queens of pop," many of them want to join Fengrui Films.

Li Bancheng has also met the top ten richest Chinese businessmen.

Even the Governor of Hong Kong, Wu Feng, had close contact with him at the New Year's reception.

How far Little Stutterer can go in life depends on her own efforts and changes in the external environment.

After all, she was the first contestant in the game girl category.

At this time, Wu Feng was at the factory group in Shenzhen, handling all matters in the mainland and adjusting future development plans as needed.

By October, DVD player sales in mainland China had gone from lukewarm at the beginning to booming nationwide.

Around the DVD player manufacturing plant in Shenzhen, a large number of component suppliers have emerged.

Among them, besides supporting ambitious individuals from within the factory group, the most frequent partners are still military research institutes.

To support the production of DVD players, many military research institutes have acquired land near the factory complex to establish highly specialized parts factories.

The entire Shekou area is filled with construction sites, factories rising from the ground, and various supporting facilities.

That's why I say it's more comfortable to cooperate with military industrial units.

Wu Feng's factory group in Shenzhen offers benefits comparable to those of state-owned enterprises. Apart from salary, they provide excellent housing, medical care, and schooling for children.

What the factory group paid was only about five percent of the profits it made in mainland China back then.

At this time, land prices in the Shenzhen Special Economic Zone were not high, and there was huge potential for future appreciation. In any case, investing in the workers would not result in a loss.

Indeed, the factory group is highly sought after in Shenzhen, considered a very desirable place to work.

Every year, just to secure recruitment quotas, there's a long and complicated process involving negotiations with the local government.

Fortunately, Wu Feng has always been steadfast in his cooperation with the military, recruiting an astonishing number of veterans each year, which has earned him strong support from the military and reduced a lot of trouble.

He wasn't particularly opposed to connections, but damn it, now that he was in the factory, he at least had to do something according to the factory group's rules. He couldn't expect to get a salary and benefits for nothing. There was no such thing as a free lunch.

But some people are just never satisfied!

Despite having only so-so connections and influence, they act all high and mighty, not only refusing to work but also wanting to seize power. What kind of good idea is that?

The factory group spends a sum of money every year to deal with these guys.

Overall, however, the factory group is in a fairly good situation.

Especially in terms of exports, compared to other state-owned enterprises in mainland China, the factory group is definitely one of the most outstanding.

The existence of the factory group has revitalized many related enterprises in mainland China.

Factories producing products like bicycles, electric fans, and watches are heavily involved in the mainland market.

They also face competition from similar products from abroad, making life difficult.

However, Wu Feng, through the purchasing department of the factory group, purchases a massive amount of related products every year, helping countless related companies barely survive.

Furthermore, how many state-owned garment enterprises in China are actually manufacturing for Wu Feng's factory group? Even Wu Feng himself isn't entirely sure.

The situation in mainland China is unique. Large state-owned enterprises that have received garment manufacturing contracts will inevitably have some of their orders forcibly diverted to lower-level state-owned garment enterprises.

Subsequently, with the addition of radios and even black-and-white televisions, export orders began to increase.

All of these were undertaken by the factory group under Wu Feng's command.

Indeed, the factory group's annual export volume is quite staggering.

Not to mention Guangdong Province and Shenzhen Special Economic Zone, which consider them highly desirable, even Beijing places great importance on the export earnings of factory groups.

Anyway, in mainland China, factory groups all follow the proper procedures when exporting.

Once these exported goods reach the open sea, how they are handled is no longer a concern for the inland areas.

How could it be possible that people in mainland China didn't know what Wu Feng and Jiang Tiansheng were doing?

By the early 1990s, the mainland's thirst for foreign exchange had not been completely alleviated, and the situation remained quite dire.

Originally, Wu Feng intended to cooperate with the mainland to make a fortune in the small-cap stock market, easily taking a big bite out of the pie.

But later, he gave up on the idea. It was too much trouble…

Some things are not as simple as they used to be.

As for the safety of funds alone, Wu Feng cannot guarantee anything.

However, he didn't have any negative feelings, and through these contacts, he provided certain information to relevant people in mainland China. Whether they could seize upon this information and successfully turn it into tangible profits was not his concern.

It can only be said that Wu Feng held considerable influence among the mainland's top officials at this time, indirectly avoiding the possibility of being entangled by certain powerful figures.

It was only because of the special circumstances in mainland China at that time that Wu Feng would not have had such a special status even if it had been ten years later.

It was already quite eye-catching, but it became even more so when the DVD player was released.

Unfortunately, this was probably the only consumer electronics product that mainland China could boast about internationally in the early 1990s.

Apart from a laser probe, all the other components are domestically produced, so it can barely be said that they are completely domestically made.

The key point is that this thing is extremely profitable.

Even with a price of 5,000 yuan per unit, the profit margin is still incredibly high, earning 3,000 to 4,000 yuan per unit.

As product volume increases, production costs can be further reduced.

It's worth noting that when VCD players were phased out of the market in Wu Feng's previous life, the cheapest one cost just over 500 yuan, and there was still a certain profit margin.

So, to what extent can the cost of a DVD player be reduced?
The production base of the factory group alone sold more than 30,000 units in just a few months, and the sales volume is getting bigger and bigger.

The other partner companies can't produce as many products as the factory group, but producing 20,000 to 30,000 units in a few months is still not a problem.

Moreover, sales were quite good, with nearly 20,000 units sold.

Although the profit details are kept confidential, those who are interested can still estimate the approximate figure, and they can't wait any longer.

Some people have already started trying to obtain production technology licenses for DVD players through partners, hoping to get a share of the market.

The factory group also encountered such influential figures.

Wu Feng completely ignored him. If he couldn't even withstand this much pressure, he might as well give up on the alliance he had carefully chosen.

Not to mention, at least half of the DVD players produced by the factory group are exported, which is already quite a concession to their interests in the mainland.

If Wu Feng were to succumb to the pressure and completely relinquish control, his personal losses could be substantial, but the losses suffered by his alliance would be devastating.

He can't control things on the mainland, but if you want to export, you'll have to ask him for permission.

Fortunately, the allies he chose withstood the pressure.

At least for now, the pressure is still within a manageable range. As for whether it will continue to be manageable in the future, that's hard to say.

Wu Feng's visit this time is to lead the deepening and expansion of exchanges with relevant parties in the mainland; he needs the help of many talents from various fields.

The arts and culture scene in mainland China alone has become incredibly vibrant.

As mentioned before, the promotion of DVD players would not have been possible without the help of various types of optical discs; this was a huge market opportunity.

Films, TV dramas, various operas, even storytelling and all sorts of entertainment from different regions can all be crammed into a small CD.

In this day and age, these various forms of entertainment, once recorded on DVD, are not difficult to sell.

Even if it doesn't become a huge success, it's guaranteed to make at least several thousand yuan in profit.

In the early 1990s, several thousand dollars was not a small amount of money for any individual, no matter where they were.

If you have even a little bit of traffic and fame, earning over ten thousand yuan just from selling genuine CDs wouldn't be a problem.

How many money-making opportunities has this created for so-called artists?
In this day and age, the sales of traditional serious literature are already extremely high, let alone the sales of CDs, which have an entertainment aspect.

As long as the source is well controlled, this is a revenue-generating project that can encompass the entire mainland and doesn't have a particularly high barrier to entry.

Similar to previous novel submissions, as long as the price of photography equipment isn't too outrageous, certain situations in the era of long-form video may appear much earlier than expected.

At this time, the Shanghai Fine Arts Factory was affected by the butterfly effect caused by Wu Feng, and some employees were restless.

Since acquiring ATV, Wu Feng specifically instructed ATV executives to increase investment in self-produced animation, rather than simply purchasing from overseas.

Wu Feng's entertainment and cultural enterprises have no shortage of materials for self-made animation.

The focus remains on adapting high-quality novels, while also including the production of animated films for children. Relevant art units in mainland China have received numerous orders.

As a leading enterprise in the mainland animation industry, Shanghai Animation Film Studio naturally receives a lot of animation production orders.

This made things much easier for the Shanghai Fine Arts Factory, which was previously facing a shortage of funds and severe underproduction.

Wu Feng paid a sum that, while not as extravagant as some rebirth novels, was still roughly the market price in Hong Kong.

(End of this chapter)