Rebirth in 1989: Creating the Chinese Technology Empire

After a lot of busy work and waiting for the people from Wal-Mart and Best Buy to leave, Luo Xiangyu's hanging heart slowly fell to the ground.

Really, it turned out to be true.

A Chinese company has actually exported electrical products worth US$1.8 million to the United States. Such an order is definitely the first time in Chinese history.

"Mr. Xu, can I go to your factory and have a look?"

Luo Xiangyu looked at Xu Dabao and asked. At this moment, he had a strong curiosity about this company.

"Director Luo, of course you can. We at Huasheng Electronics warmly welcome Director Luo to visit and give guidance..."

Xu Dabao's words made Luo Xiangyu laugh.

Without delay, Luo Xiangyu and everyone followed Xu Dabao directly to the Huasheng Electronics Factory. Now not only Luo Xiangyu, but Zhang Yuancheng and the others were also super curious about the Huasheng Electronics Factory.

What kind of company is this?Why haven't I heard of it before?

The group of people arrived at Huasheng Electronics Factory. When the car entered the Huasheng Electronics Factory, Luo Xiangyu's curiosity became even more intense.

It seems like this is a very ordinary electronics factory with a small area. It looks like other small factories in Shenzhen, nothing special.

Everyone got out of the car, and Xu Dabao brought Xu Huasheng to Luo Xiangyu.

"Director Luo, let me introduce you again. This is not my translator, but my son Xu Huasheng, who is also the product director of our company. My son designed the air fryer, and my son is actually mainly responsible for this business. My son is a top student at Yan State University, and MIT even applied for a scholarship for him to study abroad, but he didn’t go..."

Xu Dabao introduced Luo Xiangyu, his face full of pride. As a parent, who wouldn't be proud to have such a son.Hope that your child will succeed is the expectation of all parents around the world.

After listening to Xu Dabao's introduction, Luo Xiangyu instantly became curious about Xu Huasheng.

"Director Luo, hello..."

Xu Huasheng said with a smile, acting gracefully.

"Xiao Xu, yes, Mr. Xu, you have given birth to a good son. By the way, can I go and see your air fryer? I am very curious now, what kind of products can Americans grab? Are you going to buy it?"

Luo Xiangyu said with a smile, which made Xu Dabao and Xu Huasheng laugh.

"Director Luo, of course, please come over here. Let's take a look at our factory first, and then look at the products. This is our factory..."

Xu Huasheng said with a smile. Seeing Xu Huasheng's attitude, Luo Xiangyu laughed.At this moment, he could see that Huasheng Electronics really had the final say with the young man in front of him.

Luo Xiangyu, led by Xu Huasheng, began to visit Huasheng Electronics Factory. When he saw the production workshop, Luo Xiangyu couldn't help but frown.

"Xiao Xu, with the scale of your factory, can you guarantee the supply of products for foreign investors?"

Luo Xiangyu asked directly.

"cannot……"

Xu Huasheng shook his head directly, and Luo Xiangyu's expression instantly turned ugly.

"So, Director Luo, I have to trouble you a little bit about this. What is the biggest advantage of our country? Of course it is our excellent system. We can coordinate production. It doesn't matter if I don't have a factory. Other companies do, Luo Director, there should be quite a few factories in our country that are not very profitable without orders, right?"

Xu Huasheng's words made Luo Xiangyu's expression soften. He looked at Xu Huasheng curiously, waiting for Xu Huasheng's next answer.

"Director Luo, this matter is actually very simple. We at Huasheng Electronics subcontract the orders we receive. We have already listed the specifications and process requirements of all parts. This is a large order of 300 million units. Our country There are so many idle factories. Let’s take a look at what kind of work those factories can take on. Those who can make casings will make casings, those who can make buttons will make buttons, and those with more people will do assembly. As long as they are done according to our standards That's it. As long as the products they produce meet our standards, then we at Huasheng Electronics will give them money. Director Luo, with an order of 300 million, even if they only produce screws, 300 million sets can still make a lot of money, although they can't make a big profit. We have a lot of money, but it shouldn’t be a problem to pay employees a few months’ salary, right?”

Xu Huasheng looked at Luo Xiangyu with a smile on his face. There are currently too many sluggish companies in the country.Many local companies really couldn't even pay their employees' wages. It was precisely this reason that led to the subsequent massive layoffs. This was not caused by policy, but by the market.

Xu Huasheng's words made Luo Xiangyu understand.Why does this sound like a white wolf with empty gloves?

The money was paid by Wal-Mart and Best Buy, and the products were produced by other companies. Qianqing Huasheng Electronics Factory did nothing but developed a product and just made money.

"Why do you feel like a wolf with nothing?"

Luo Xiangyu couldn't help but say that Xu Huasheng became anxious when he heard this.

"Director Luo, how can we call this a white wolf with nothing? We do have products, and they are exclusive products developed by ourselves. This model is called the OEM model. This is very common abroad. Many large foreign companies are only responsible for product development. , the products developed are handed over to professional foundries for production. This is the same as multinational companies building factories in our country..."

Xu Huasheng's words made Luo Xiangyu nod. Yes, this model is indeed very common abroad.

"Director Luo, only companies that master core technology can really make big money, just like our air fryers. We have core technology, so Wal-Mart and Bestma are willing to pay up front. And the foundries below, Director Luo, Believe it or not, they are willing to do the work for us and even pay for the materials in advance..."

Xu Huasheng asked with a smile, which made Luo Xiangyu stunned.

"How is this possible? They are too poor to take the blame. How can they have the money to advance you the materials?"

Luo Xiangyu couldn't help but say that he knew the situation of many factories down there very well. He was so poor that he had no money to pay for materials in advance.

"What if I pay them in dollars?"

Xu Huasheng had a smirk on his face, and as soon as he said these words, Luo Xiangyu had a hint of resentment in his eyes.

This little guy in front of me is really cunning.If Xu Huasheng settled in US dollars, the nature of the order would be different.

This changes from a production task to a political task, which is completely different in nature.

"Director Luo, I will settle the payment for them directly in US dollars. As long as they can produce qualified samples, we can sign a supply contract. With the supply contract, they will earn US dollars. They will take the contract to the bank for a loan. They should Not a big problem, right?"

Xu Huasheng's face was full of smiles, and the beads on his abacus were clicking.Luo Xiangyu looked at Xu Huasheng and had to admit that this little guy Xu Huasheng really had the fate of domestic enterprises in his hands and understood domestic policies thoroughly.

There is no problem at all with this process.

Local governments must pay special attention to orders that can earn foreign exchange.As long as Huasheng Electronics has signed a contract with the company, it will be easy to deal with lack of money. When the time comes, it will be absolutely no problem to go to the bank for a loan with the contract.

As a result, the financial pressure on Huasheng Electronics is gone.

Parts factories advance capital to produce parts, and assembly plants advance capital to produce products.After the products are delivered to Wal-Mart and Best Buy, the next deposit will be received, and then Huasheng Electronics will use the first deposit to settle other factories.

Luo Xiangyu looked at Xu Huasheng a little differently, but he didn't say much. Instead, he was thinking about how to help Huasheng Electronics complete the order as soon as possible and put the money in his pocket before he felt at ease.

"Director Luo, this is our air fryer. Its principle is actually very simple..."

The group finally came to the exhibition room, and Luo Xiangyu finally saw the air fryer.

A line of beautiful air fryers in a variety of colors.

The appearance is beautiful, the workmanship is exquisite, and it is relatively high-grade at first glance.The appearance alone made Luo Xiangyu couldn't help but nod. Whether a product sells well or not, appearance is actually very important, especially for this kind of home appliance product.

Look at this appearance design. Just one appearance design is enough for domestic companies to learn from.

"Director Luo, we have registered patents for air fryers around the world, forming patent barriers. The patent protection period is 20 years. During these 20 years, no brand can produce air fryers without our authorization. Director Luo , the order of 300 million units is just the beginning. Once this product becomes famous, tens of millions of units may be needed in North America alone. If Europe, Japan, South Korea and other countries are added, 3000 to [-] million units are also possible. Director Luo, With such a large order volume, if we only rely on ourselves, it will take a while to deliver..."

Xu Huasheng's words made Luo Xiangyu's heart almost beat out of his chest.

3000 million units, $60 each, how much?

$18 billion.

"Director Luo, this is still the annual sales volume."

Xu Huasheng increased the pressure again. This time, Luo Xiangyu could hardly stand.

$18 billion per year, possible?

Not to mention 18 billion, 1.8 million US dollars per year is a huge pie in Luo Xiangyu's opinion.

With so much money every year, if Huasheng Electronics adopts the foundry model, how many people will benefit from it?How many factories will survive this?How many people’s lives have changed because of these orders?

Thinking of this, Luo Xiangyu could hardly control his heart.He could not wait to organize factories now to produce these products quickly.

Seeing Luo Xiangyu's expression, Xu Huasheng laughed and prepared to give Luo Xiangyu another super kill. If he didn't take down this big boss today, he wouldn't be called a big liar.

"Director Luo, our company also has a more powerful product than the Bibi air fryer. I wonder if you are interested in taking a look?"

Xu Huasheng looked at Luo Xiangyu and released his ultimate move.

"Is there a more powerful new product? Really?"

Luo Xiangyu stared at Xu Huasheng with wide eyes, the expression on his face was completely unbearable. There were too many surprises today, and his little heart really couldn't bear them.