My son is a reincarnated soul; I overheard his inner thoughts and became the richest man.

"By the way, Director Zhou, how's the development of the T1 player going?"

After discussing the high-end F1, Chen Feng shifted the topic to the low-end, high-volume T1 model.

Zhou Hai adjusted his glasses and said confidently, "President Chen, the T1's progress is basically in sync with the F1. Although we don't need to debug the complex touch wheel, we've still put a lot of effort into fitting all the components into the limited space. The prototype should be ready in the next couple of days."

"How well are the costs controlled?"

Chen Feng pressed for an answer.

T1 bears the heavy responsibility of seizing market share, and cost is its lifeline.

For F1, higher costs and arbitrary pricing are acceptable to establish a brand image, but for T1, every penny must be spent wisely, otherwise there will be no price advantage.

Zhou Hai turned to another page of data and reported, "President Chen, regarding the selection of materials for the T1, we eliminated all unnecessary premium components while ensuring that the sound quality was up to standard and the operation was stable."

"Based on current calculations, the hardware cost of the 128MB flash memory version can be reduced to around 830 yuan. For the 256MB version, the cost is around 1,000 yuan."

"I think this cost is very competitive. Even if we include packaging and distribution costs, the market can accept a retail price of just over a thousand."

"After all, with the current salary levels in China, this is equivalent to a month's salary for a white-collar worker in a big city, or two months' income for a worker in a small county. If you grit your teeth, you can still afford it."

After a pause, Zhou Hai added, "Moreover, this is only the cost of the first batch of trial production. If sales pick up and we want to mass-produce, I'm confident I can reduce hardware costs by another 10%."

Chen Feng nodded in satisfaction.

If the hardware cost of the T1 can be kept below 1,000 yuan, then it will have the capital to engage in a price war with Japanese and Korean brands.

Chen Feng didn't expect this high-volume model to be as profitable as the F1.

He would be content if each machine could generate a net profit of one or two hundred yuan after deducting all expenses.

After all, capturing users' wallets is only the first step.

"Okay, Director Zhou, once the F1 and T1 prototypes are assembled, bring them to me for inspection."

Chen Feng made the decision.

"Okay, Mr. Chen."

Zhou Hai closed his laptop, then a crucial question came to mind: "President Chen, although the prototype may still require minor adjustments, it's almost finalized. What are your plans for the production phase?"

"Should we build our own factory for production, or find an OEM manufacturer to produce under our own brand?"

Chen Feng had already given this issue a lot of thought.

He tapped his fingers lightly on the table and said in a deep voice, "I plan to acquire an existing electronics manufacturing plant specifically for producing high-end F1 cars."

"F1 represents our reputation, and the craftsmanship requirements are extremely high. We must keep a firm grip on quality control and not tolerate the slightest carelessness."

"As for the low-end T1, we'll just find an OEM manufacturer."

"The T1 is designed for mass production and distribution. If it becomes a hit upon launch, sales could reach hundreds of thousands or even millions of units. If we rely entirely on buying our own factory and equipment, the capital tied up would be too large, and the risk would be too high."

"By paying a small outsourcing fee and having others do the work for us, we can have more flexible cash flow."

Seeing that his boss had a clear idea, Zhou Hai didn't say anything more. He wasn't good at business operations anyway, so he only needed to manage the technology.

After briefly explaining a few more technical details, Chen Feng left the R&D center and went downstairs to the "Storm Networks" office area.

After the New Year, several companies moved together.

However, the internet cafe company's business is relatively simple, occupying only a small area on the 33rd floor, with most of the space reserved for the ever-growing Legend operations team.

"Mr. Chen."

Upon seeing Chen Feng enter, Lin Wan, who was busy at her workstation, quickly stood up.

"Um."

Chen Feng nodded, walked to the window and stood there. "Manager Lin, how's the progress on the task I asked you to do for finding management personnel for Fengtian Technology?"

Fengtian Technology is committed to real industry, and although it is small, it has all the essential components.

Administrative, financial, marketing, and human resources departments must be established as soon as possible; Lin Wan cannot always handle all of them alone.

Lin Wan immediately picked up a document and reported to her supervisor: "President Chen, I have contacted three headhunting firms and have already selected several good resumes."

"The focus is on three key positions: Human Resources Director, Marketing Director, and Finance Director."

"I've already scheduled interviews with them in the next couple of days. Once we've finalized the heads of these departments, the remaining recruitment for entry-level positions can be handed over to the new HR director."

Lin Wan still had to take care of the internet cafe business. Although it was already on track, she was simply not able to manage the new company's framework with several hundred employees.

The safest approach is to first recruit core executives and then gradually expand recruitment downwards.

After listening to the report, Chen Feng nodded slightly: "Okay, let me know when the interview time is set. I want to personally oversee the selection of the marketing and finance candidates."

"Okay, Mr. Chen," Lin Wan replied.

Looking at his capable subordinate, Chen Feng suddenly said, "By the way, Manager Lin, could you take some time these next couple of days to hand over the work at Storm Network and promote a deputy to take charge?"

"From now on, you will focus all your attention on Fengtian Technology and serve as its general manager."

Lin Wan's abilities have become evident to all in the past two years.

Although nominally the manager of the internet cafe company, she was actually the one running around doing everything from the early operations of Legend of Mir to the preparation of Fengtian Technology, and even poaching Zhou Hai.

Chen Feng trusted her completely.

The internet cafe business is already quite mature, and both Su Qing and the store managers below can keep an eye on it.

Keeping someone as talented as Lin Wan tied up in an internet cafe is a complete waste.

Fengtian Technology is the main battlefield of the future.

Upon hearing the appointment, Lin Wan was first taken aback, then a look of surprise and delight appeared in her eyes.

She took a deep breath, trying to calm her excited emotions: "Thank you, Mr. Chen! Please rest assured, I will do my best to manage Fengtian Technology well and will not let you down!"

Chen Feng smiled, his gaze gentle: "Do a good job, I have faith in you."

......

Three days later, Lin Wan was officially transferred to Fengtian Technology as general manager.

As for the "Storm Network Administrator" project, it was handed over to her assistant, Xiao Liu, whom she had personally trained.

Xiao Liu has been running around with Lin Wan for almost two years and is very familiar with the daily operation and management of the internet cafe, more than capable of maintaining it.

The day after Lin Wan took office, several elites recruited through headhunters arrived at Fengtian Technology for interviews.

In the current office building, apart from Zhou Hai's technical team occupying a corner, most of the remaining area is still vacant, which is perfect for the newly established functional departments.

In fact, cramming the technology department into an office building is just a stopgap measure.

Chen Feng had already made plans. Once he acquired a suitable electronics processing plant, he intended to rent another floor in the industrial park near the factory, or directly set aside a research and development center within the factory area.

After all, while office buildings offer a pleasant environment, they present numerous inconveniences for hardware research and development.

The warehousing of various components and the transportation of testing equipment alone are a hassle for the office building's property management and elevators.

If we move it next to the factory, not only will logistics be convenient, but engineers can also solve any technical problems that arise on the production line by simply going downstairs, making it much more efficient.