Although in the long run, it is very unlikely that your manufacturing base will be based in Hong Kong, you still have to invest. While Hong Kong still has a certain manufacturing base, you need to lay a good foundation. We will wait for the reform and opening up in the northern hinterland and then build our own manufacturing industry cluster there.
Besides, there is no loss in large-scale expansion in Hong Kong now. As long as the land is needed, if you buy it now, you may earn much more than the manufacturing industry itself in more than ten years.
However, Lei Shengli was in charge of the electronics company, so there was no need to tell him too much about real estate matters, so he continued: "You also know that I plan to use fans to open many markets. The cost of this area must be controlled. Plastic parts We can make one piece by ourselves, but not the motor, so I need to invest in a new production line to make the motor specifically."
"Motor? That's okay. We also have motors in our refrigerators and air conditioners. If we can make them ourselves, we can indeed save a lot of costs." Lei Shengli thought for a while and said.
"Don't think about air conditioners and refrigerators, just start making electric fans." Chen Zhiwen said with a smile. He planned to use fans to open up the electrical appliance industry market, and the cost must be kept to a minimum. There is a market for plastic parts and motors. These two items basically account for 90% of the cost of the fan. There is no need to produce other buttons, small metal inserts, wires, etc. by ourselves.
Once you have a certain understanding of the motor industry, you can reproduce motors for air conditioners and refrigerators, and even go out and sell motor products to other industries and even the automobile industry. In later generations, there was a Johnson Electric company in Hong Kong that produced various types of motors. Mainly engaged in motors, it is one of the only three Hong Kong manufacturing giants with a scale of tens of billions that has reached the 21st century.
"That's no problem, as long as the scale is sufficient. The electric fan motor is not a high-tech thing." Lei Shengli thought for a while and said, "I can just hire a team from Johnson Electric."
As long as you have money, anyone in Hong Kong can do the industry that others can do. The only problem is that you have to have enough orders, otherwise you will lose money if you can't sell it. The most important thing in low-end manufacturing is orders.
"Okay, but don't take it seriously. I want to invest in motors. In addition to reducing costs for supplying my own products, I also want to develop high-end motors. Advanced industrial control motors and the automotive motor market are my ultimate goals." Chen Zhiwen suddenly said seriously.
It is said that the industrial machine is the foundation of the manufacturing industry, but one of the high-precision characteristics of the industrial machine actually comes from the motor. The motor is equivalent to the car engine of all CNC equipment and is one of the core technologies. In addition, the household appliance industry , automobile industry, power tool industry, consumer electronics industry (tape, VCD, etc.), etc. all need motors. This is a very huge market, and it is also one of the areas that most require investment in research and development if we want to expand the manufacturing industry. The first step is to start with the simplest electric fan motor.
"I also heard that Johnson Electric's motors have entered RB cars, but I don't know which company it is." Lei Shengli thought for a while and said, "Sheng Chen, how about we consider acquiring Johnson Electric?"
"Don't think about it. I've asked, but they don't agree." Chen Zhiwen shrugged helplessly and said, he would like to acquire it if he could. Johnson Electric has been established for more than ten years, and it has a large scale and rich experience. , if you can acquire it, you can save yourself a few years of time, but it has not been listed on the market and is completely owned by you. The boss is less than 50 years old and does not agree to sell it. The debt is low, and no one can do anything to him.
Of course, there was room for manipulation in using one's own money to hurt others, but it was too low-level. He didn't think it was necessary to do such a thing, and the other party was also a serious Chinese businessman.
"Then we'll do it ourselves, and I'll recruit all the engineers from Dechang." Lei Shengli said with a smile.
"Let's buy the production line first and then talk about it." Chen Zhiwen nodded and said, poaching people is for sure. There should not be many talents in the motor field in Hong Kong. There are only a few companies that make motors.
After flipping through the documents on the table, Chen Zhiwen saw the sales of TV sets last month and asked with some surprise: "We sold 1,800 TV sets last month?"
"1,800 units is a bit ugly, but what's more troublesome is that our sales have been falling. We can only assemble black and white TV sets. There is no market for this segment in Europe and the United States. Hong Kong is almost dying. The previous market has been In Southeast Asia, we used to sell three to five thousand products a month, but recently a Korean brand called Samsung began to seize the market at low prices on a large scale, and the quality is pretty good. Not only us, but the entire TV industry in Hong Kong has been affected." Lei Shengli explained with a somewhat ugly face that in the entire company, the only one with unsightly data was this TV.
Before the acquisition of Midea, the former Feipai Electrical Appliances Company mainly manufactured televisions, and also produced some with its own brand. After the acquisition, the OEM business continued, and its own TVs were replaced with Media, but the sales volume increased. It's getting worse.
"Samsung, no wonder." Chen Zhiwen nodded and said. In the impression, Samsung became the company with the largest export of TV sets in the world in the 1970s. The main reason for this was because TV giant factories in Europe and the United States began to produce color TVs, black and white TVs. All of them are no longer produced, which gives these developing countries a certain opportunity. With so many electronics companies, Samsung seized the opportunity and became the world's largest black-and-white TV manufacturer in a few years. And these low-end For black and white TV sets, it is natural to compete with similar companies in Hong Kong and Bay Area for the market.
Not to mention Midea, Hong Kong as a whole cannot compare with Samsung, which has completed its industrial chain layout, in many fields. Take this TV set, Samsung has its own picture tube manufacturing factory. The current wages in South Korea are lower than those in Hong Kong. How can this compare? ?
"Chen Sheng has heard of this company?" Lei Shengli asked.
"I've heard that the top consortiums in South Korea are just like the four major foreign banks in Hong Kong. They have complete industrial chains, wide channels, and many resources behind them. It's normal that we can't compete with them." Chen Zhiwen nodded and said. He also has no ability in traditional industries. Being able to influence requires real strength. It is impossible for him to invest in making picture tubes at this time. Besides, even if he is willing to spend money, Hong Kong does not have the talent pool to make even black and white ones.
"How about we make a color TV?" Lei Shengli asked tentatively.
