The world begins with Hong Kong movies
Chapter 79: Money Rolling in
Chapter 79: Money Rolling in (Please Collect and Read)
At this time, Wu Feng's wealth began to expand rapidly.
Whether it is Jiang Tiansheng or Han Bin, they all pay in cash when purchasing high-quality genuine clothes and sneakers.
All financial institutions that do not pass through Hong Kong Island conduct transactions at sea.
Among them, Wu Feng settled the material costs of high-quality A-grade goods in Hong Kong dollars, as an explanation to the mainland, and the remaining profits were kept in cash.
As I said before, having read many novels about rebirth in Hong Kong, he knew that Hong Kong's financial institutions were not reliable, especially those with British capital, so he had to be careful and vigilant.
The output of mainland factories is extremely large. If it weren't for the insufficient supply of materials, my guess is that one day's output would be comparable to half a month's output of a small garment factory in Hong Kong Island.
But even so, his monthly income is around 20 million Hong Kong dollars!
As for the wages and benefits of factory workers, as well as funds for factory expansion, they are provided by the profits from selling waste paper, which is quite sufficient.
Currently, he earns nearly 4 million RMB every month by delivering waste paper to mainland paper mills.
These incomes are basically deposited in the bank and can be withdrawn directly when needed.
At Wu Feng's request, the garment factories and sneaker factories in the mainland began to expand again. This time he planned to recruit 3,000 employees at once, directly expanding the production scale by more than three times.
This time, he directly gave 1,500 places to veterans.
At the same time, he did not forget to call his mother and uncle and asked them to discuss with the local Agricultural Committee and the county government to hire a group of employees directly from his hometown to work in the factory, starting with a hundred people to test the waters.
By this time, he had enough strength and confidence to give back to his family and local people in his hometown.
You know, as mainland factories operate at full capacity, upstream raw material suppliers and all kinds of daily necessities services surrounding the factories have quickly formed a good industrial chain.
In other words, there are quite a few people who benefit from the raw material factories and the surrounding people.
At the same time, Wu Feng asked the local government and the military units with which he had good relations to provide talents in integrated circuits. He planned to hire them with high salaries to set up an arcade production factory.
That’s right, the “A Better Tomorrow” arcade game has become popular throughout Hong Kong and Macau.
Especially when the newspapers advertised that the arcade game of "A Better Tomorrow" was developed and produced by a Hong Kong company, it immediately gained a lot of goodwill and popularity in Hong Kong Island.
In just over a month, hundreds of arcade machines were sold!
The profit directly reached millions, which is definitely a money-printing machine that lays golden eggs.
Unfortunately, the output is still too small to even meet the demand of Hong Kong Island itself.
If Wu Feng had not insisted and shared the profits with almost fifty machines and sent them to Macau Island, how could the gaming craze in Hong Kong and Macau have been triggered?
When Taiwanese merchants heard the news and rushed to purchase, they brought some very bad news.
The arcade version of "Contra" has become very popular in the game halls in Taiwan.
"A Better Tomorrow" can only be said to be a game of the same type, and with the support of the "A Better Tomorrow" movie, it attracted Taiwanese businessmen to come and buy it, but it is impossible for one company to dominate the market.
Damn, just because of insufficient production capacity, they were unable to distribute the product to Taiwan first, and as a result, "Contra" became popular first, and that's a huge market.
It is estimated that the Taiwanese market alone can accommodate 10,000 to 20,000 "A Better Tomorrow" arcade machines.
What is that? Profits in the billions.
At this time, Taiwan's economy was in a period of rapid development, and as one of the Four Asian Tigers, its purchasing power was absolutely amazing.
Wu Feng used this data to convince the boss of VTech.
Once the mainland factory is built, we will immediately authorize it to produce arcade motherboards, and VTech will be able to share the profits from the arcade motherboards.
As long as the output increases, it will be a dazzling gold mine!
Lately, Wu Feng had been busy with these matters. As long as he could set up his business properly, he could make money without any effort. It wasn't until Mr. Lei, the boss of the Golden Princess Cinema, called that he finally freed himself from the tedious tasks.
This guy called to invite Wu Feng to attend the celebration party held within Cinema City.
Wu Feng readily agreed and soon received an invitation from Cinema City.
In fact, he had known that Cinema City would do this.
After all, he was considered a big shot in the film industry at that time, and also a newspaper tycoon, so he was quite well-informed.
At the beginning of the year, the senior management of Cinema City received guidance and happily took the two films "The Wrong Car" and "Why Me" to film festivals in Europe and the United States.
The result was naturally quite smooth. As Wu Feng said, these two films were well received by the film festival.
Although it did not participate in the main competition unit, it still easily sold the copyright in both Europe and the United States.
The total amount exceeded two million US dollars, which made the top management of Cinema City very happy.
After hearing about this, Wu Feng privately criticized Cinema City for being a waste. Such a good movie was sold for such a small amount of money. It was such a waste of such a good thing.
When I gave the advice, I made it very clear that these two films have a certain audience among the white community in Europe and the United States, which is the so-called mainstream film standard.
As long as the promotion is effective, it will achieve good box office results even if it is re-released in European and American theaters.
If it were him, it would be a dereliction of duty if the two films failed to sell five million US dollars!
Of course, he also knew the mentality of the film sales staff at Cinema City, who always felt unmotivated when facing European and American foreigners.
The longer Wu Feng stayed in Hong Kong Island, the more he realized that the situation of Hong Kong Islanders in this regard was very serious.
When he arrived at the hotel where the celebration party was held, he met Boss Lei and the top executives of Cinema City. They all had rosy faces and looked very excited, as if they had accomplished something big.
"Takeshi, thanks to your reminder this time!"
Boss Lei took the initiative to greet him and said enthusiastically, "I didn't expect that two films like these could sell well in Europe and the United States. It's a pity that there are not many films of this type in the Xinyicheng film library!"
"There are so many directors at Cinema City, just find someone to shoot it!"
Wu Feng said unconcernedly, "As long as we understand the preferences of certain European and American audiences, it will be relatively easy to sell the film. Besides, now is a good time!"
Boss Lei was a little puzzled. He didn't know what Wu Feng meant by "good times".
Wu Feng certainly wouldn't say it explicitly, but the United States is currently being quite polite to the Chinese.
For some things, as long as you do them boldly, you may get a very good result.
Unfortunately, the mainland does not have much foreign exchange to deal with, and I don’t know how many people in Hong Kong are aware of this.
"By the way, is the script for A Better Tomorrow 2 ready?"
He didn't bother thinking about those international events anymore, so he changed the subject and said, "If it's ready, we'll start filming right away. I'm also waiting to release the second arcade game right after the movie is released!"
"Takeshi, I didn't expect the arcade version of 'A Better Tomorrow' to be so popular!"
Speaking of this, Boss Lei felt very regretful and said depressedly: "If I had known this would happen, I would never give you the adaptation rights for other aspects of the "A Better Tomorrow" series of films!"
"Haha, it's too late for Boss Lei to regret now!"
Wu Feng chuckled, not caring at all about Boss Lei's bad mood. He said leisurely, "I've opened up a very profitable business for Boss Lei this time. I can't just burn the bridge after crossing it, can I?"
Asking for a monthly pass
(End of this chapter)
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