The world begins with Hong Kong movies

Chapter 666 The Road to Wealth! (Seeking Monthly Tickets)
Never doubt the imitation capabilities of domestic electronics factories.

Given enough time and trust, it wouldn't be difficult for domestic electronics research institutes to completely develop domestically produced electronic calculators, function calculators, and electronic watches.

In fact, Wu Aiguo greatly admired the methods used in China.

Despite being extremely poor, the country has performed remarkably well since it started industrialization with the help of Russia.

The two-horse race has everything that exists domestically.

While the United States' most outstanding information technology-related industries are not yet fully developed domestically, China is closely following suit in key technologies.

Whether it's mainframe computers, integrated circuits, or even more sophisticated chips, China possesses the relevant technologies.

Looking at the world, it may only be considered second- or third-rate, but it exists, and at least we don't have to worry about being held back.

In other words, electronic technology is iterating too fast, otherwise later generations in China would not have had such a difficult time catching up.

This time, Wu Aiguo was taken aback.

When discussing cooperation with domestic entities, the relevant units indicated that while there were no research institutes in China specializing in calculators, they had been researching electronic watches for some time and expected to produce results soon.

Of course, laboratory manufacturing and actual factory manufacturing are two different things.

However, a certain electronics research institute in China does indeed possess the underlying technology in this area.

Once you thoroughly understand the mature electronic watch technology obtained by the Northwest Branch, it's not that difficult to imitate and replicate it.

Look, isn't this a pleasant surprise?

Since China has reserves of basic technologies, it is believed that it will not be long before the production capacity and costs of related factories will drop significantly.

The quartz electronic watches developed by Xiao Rizi Precision Group will certainly not be able to sweep the world watch industry again and utterly defeat traditional mechanical watches.

This time, among the electronic watch brands that have swept the global watch industry, the Northwest Branch and the electronic watch brands jointly established with domestic companies must be included.

Of course, as long as he can make enough profit, he doesn't mind colluding with small businesses.

The domestic authorities acted swiftly, and within a short time, they established a sizable electronics factory in Bao'an County, which borders Hong Kong Island.

Meanwhile, under Wu Aiguo's remote command, the business base on Hong Kong Island made frequent moves, attracting considerable attention from the Hong Kong business community.

Electric cars, electric tanks, electric trains, remote-controlled boats, remote-controlled airplanes, and other toys are all industries with promising financial prospects.

The business base was quite straightforward; they simply bought a large plot of land in the New Territories, not far from Bao'an County, to build a factory park.

At the same time, they also cooperated with domestic companies to set up factories.

The toy industry was a very powerful sector in Hong Kong in later years.

Whether now or in the future, the financial prospects are quite promising.

If you also advertise with lighthearted and funny movies, you don't need to worry about sales at all.

In short, you can make money doing any business in Hong Kong right now.

The key is how much you can earn.

The business base, also known as Nan Hua Company, employed a series of tactics that left even Huo Daheng feeling dazzled and unable to keep up, let alone others.

Fortunately, they had a close relationship, and he could earn huge profits just by acting as a middleman, so he didn't care that Nanhua Company didn't include him.

In fact, Huo Daheng still prefers traditional industries.

However, the rapid growth of the pager business surprised him quite a bit.

The popularity of the movie "Young and Dangerous 2" as an advertisement naturally led to a surge in pager sales.

As expected, gangsters became the main buyers! Especially for gangsters with some income, it seems like they don't have the confidence to go out without a pager.

This single wave alone contributed at least 30,000 pager sales.

In addition, purchases by office workers, wealthy small business owners, and shop owners resulted in sales of over 30,000 units.

In just one quarter, the sales of pagers reached an astonishing HK$300 million, which is as exaggerated as having a money printing machine at home.

In other words, Huo Daheng's thinking is quite traditional!

If it were Wu Aiguo, he would definitely equip each of his company's elite employees with a pager.

Since everything is purchased directly from the United States, the cost is quite low.

But his employees don't know!

When the time comes, once it's publicized, won't it cause a sensation among all the white-collar workers in Hong Kong?
Should other large, equally powerful conglomerates follow suit?

Should the next-tier wealthy business owners who want to enter their circle follow suit?

Should those British-owned companies, which hold a high position and control the actual economic lifeline of Hong Kong Island, and other foreign trading companies follow suit?

By keeping an eye on these large corporations and launching a wave of rumors from time to time, they are forced to distribute pagers as an essential tool for their employees.

Putting everything else aside, it could generate at least 50,000 more units in sales!
At that point, sales on Hong Kong Island could be slowed down slightly, and the focus shifted to pager business in other areas.

For example, there are many potential clients in places like Macau, Taiwan, Malaysia, and Singapore.

In reality, while selling pagers may be profitable, it's not a sustainable business model.

At most, by 1973 or 1974, pagers would have to be discounted, otherwise ordinary white-collar workers simply wouldn't be willing to buy them.

The real money is in the call fees!

Currently, each call costs two yuan, and tens of thousands of calls a day can be made easily.

By the 1980s, when Hong Kong's economy was booming and ordinary people could easily afford pagers, the number of calls per day must have been at least hundreds of thousands or even millions.

Even if we lowered the call charges back then, it would still be a pretty amazing profit – the kind of money you could make without lifting a finger.

It's safe to say that the pager business is worth at least tens or hundreds of billions of dollars.

Such signs are already emerging.

Therefore, Huo Daheng attached great importance to this and would not allow any force to affect the normal operation of the pager business.

The Northwest branch also holds half of the shares and profits in the pager business.

This revenue is the main source of funds for the Northwest Branch to purchase various materials and machinery from within China, and it is equally important that no problems arise.

Perhaps Huo Daheng still has some reservations and will only use methods within the rules, without causing too much trouble.

The Northwest Branch's business base on Hong Kong Island had few concerns.

There is always a platoon of men secretly stationed here.

If needed, civilian personnel, including the base commander, can be quickly converted into armed members.

If things really come to this, the forces that have driven the business base to such a predicament can expect a continuous barrage of military attacks from the Northwest Branch.

If necessary, Wu Aiguo would not mind personally taking action to teach some fools a profound lesson.

(End of this chapter)