The world begins with Hong Kong movies

There's a problem with Chapter 694! (Seeking monthly votes)

In fact, the mainland has also benefited greatly from the rapid rise of Hong Kong Island paging groups.

Putting aside other things, the pager manufacturing technology has been fully mastered by several military factories in China.

By 1984, the price of pagers on Hong Kong Island had dropped to below HK$1,000.

At that time, the cost of producing a pager in a domestic factory was around 300 RMB.

Moreover, the cost will decrease significantly over time.

Later on, pagers were all supplied by domestic factories.

This single transaction alone can generate tens of millions of dollars in revenue annually.

Some people think that they can earn even more in China!

In major cities in Guangdong Province, such as Shenzhen and Guangzhou, the pager calling function has become widespread.

This is at least several years earlier than normal history.

They wanted to incorporate the domestic call center business into the Hong Kong Island communications group and acquire a significant stake in it.

Huo Daheng did not object; on the contrary, he was happy to see it happen.

With the rapid rise of the telecommunications group, he faced immense pressure.

On Hong Kong Island, the British Hong Kong government would never stand idly by and watch as tycoon Fok, or rather patriotic capital, bypassed traditional industries to build a world-class business empire.

In other words, behind every world-class business empire is the support of a powerful nation; otherwise, it simply wouldn't go far.

South China State Capital does not object; with domestic help attracting attention, they can better make a fortune quietly.

At this time, all towns in Nanhua Town of any size had achieved pager signal coverage.

At the same time, with the help of domestic experts and the relevant talents they had trained, they quickly completed the layout of the upstream and downstream industrial chain of pagers.

At that time, Nanhua was also capable of producing pagers, but its reputation was not as great as that of factories in China.

Of course, Nanhua did not just make demands, but also gave enough positive feedback.

Features like Chinese character display and message functionality made pagers very popular in Chinese-speaking areas.

Almost every Chinese adult with a certain economic foundation owns a pager, which is one of the main reasons why the telecommunications group was able to quickly expand its business in Southeast Asian countries.

As a result, the domestic shareholder representatives directly proposed the idea of ​​listing in the United States, their faces full of smug satisfaction at accomplishing something big.

According to this person, the large sum of money raised after listing in the United States can be used to expand the group's presence in the communications sector in East and Southeast Asia, making it bigger and stronger and creating new glories.

That's a beautiful dream!

Nanhua's only goal was to train its team through the telecommunications group and make some money on the side; they didn't have many other ambitions.

If the domestic shareholders want to cause trouble, then let them.

However, Nan Hua also emphasized this point at the shareholders' meeting.

If the group is going to list in the United States, it would be best to handle the domestic business separately from the business in Hong Kong, Macau, Taiwan and Southeast Asia.

In any case, Nanhua's related communications business has basically no connection with the communications group.

Conversely, by leveraging the resources of the telecommunications group, the construction of telecommunications base stations in urban areas within the territory has been largely completed.

Even the most rudimentary version would be considered a huge success for Nanhua.

Not to mention, Nanhua also owns the entire upstream and downstream industrial chain of pagers, which can be expanded and upgraded at any time.

For example, they ventured into the fixed-line telephone industry. It's fair to say that Nan Hua's technological strength in the communications field is among the most advanced in Southeast Asia.

Currently, through its enormous influence, it is even able to extend communication base station coverage to towns in Laos and southern Siam.

With Wu Aiguo's guidance, relevant parties in Nanhua have turned their attention to the newly emerging wireless telephones in the United States.

At the same time, many domestic experts and research institutes in the field of communications were invited to participate in the research and development of large-scale program-controlled exchange projects.

It is said that the transition from crank telephones to rotary dial telephones in China was a step towards the era of manual telephones and program-controlled telephone exchanges.

The relevant departments specially imported a large-scale program-controlled exchange from a small town, and the cost is said to have easily exceeded 100 billion RMB.

It can be said that in the early stages of China's reform and opening up, Xiao Rizi earned huge profits in China by virtue of its unique geographical and technological advantages.

Some of these are things that became widely known later.

Some people, without specifically consulting or searching, wouldn't even know how amazing the benefits they've gained from this.

At this time, Nanhua and Xiao Rizi had not yet established formal diplomatic relations!

The situation is not as complicated as in China; even if you want to purchase a program-controlled exchange, there are other options.

Russia and the Eastern European countries are both options.

Even within Europe, there are many options.

This is a truly enormous industry!
At least, we can eat it until after 2000.

Especially in Southeast Asian countries, wired telephones are one of the main means of communication.

Of course, the wired telephone market in various countries is dominated by a few of the most powerful telecommunications companies. As long as you are willing to share the profits, it is not a difficult thing to get involved.

Putting aside other matters, having tasted success with pagers, the communications group jointly founded by Huo Daheng and Nan Hua paid close attention to communications products from the United States.

Similarly, the telecommunications group keenly grasped the information the moment the first mobile phone was launched.

Huo Daheng only made one phone call to Wu Aiguo before deciding to continue working with Nanhua to secure the Asian sales rights for Big Mobile.

At the strong request of Nanhua, the two companies re-established a mobile phone company with the Asian sales rights of Big Brother as the core.

Similarly, although Nanhua attaches importance to the pager industry, which is considered a "sunset industry," its importance has declined rapidly over time.

In addition, regarding the proposal from domestic shareholders, although Nan Hua did not obstruct it, it still conducted necessary background checks.

As a result, South China discovered some unusual information.

It seems that China is using its telecommunications group as leverage to discuss some unknown matter with the United States.

All South China knew was that the listing process for Hong Kong Island Communications Group in the United States had proceeded remarkably quickly. The specific timing of the listing was determined almost effortlessly, with no obstacles in sight.

Once the news got out, it naturally caused a huge sensation in the Hong Kong business community.

Clearly, the Hong Kong stock market is too small to support the fundraising needs of the telecommunications group.

As a top Hong Kong businessman with the South China label, Wu Ai-dang naturally knew all about these matters.

How should I put it? It just feels pretty absurd.

If I told my own father, the old man would probably overthink it, so there's no need to say anything.

In fact, he was also unaware of his elder brother Wu Aiguo's specific thoughts.

Based on his understanding of his elder brother, he would definitely not agree to the proposal from the domestic shareholders of the telecommunications group; if he did agree, there was a problem with that in itself.

(End of this chapter)