Courtyard House: My Wife is Xu Huizhen

Page 759

Of course, in addition to the businesses mentioned above, the Liao family also has interests in many other industries and owns their own trading companies.

Unfortunately, despite such diversified operations, the Liao family has never ventured into the home appliance industry.

So when He Yuzhu suddenly asked this question, the brother-in-law couldn't help but feel a little surprised:

"Why would you ask that? We have no experience in manufacturing home appliances."

He Yuzhu smiled slightly and replied confidently, "Brother-in-law, you should still remember when I found a factory to manufacture lathes, right?"

They certainly knew about this business; OEM manufacturing didn't earn much, and most people wouldn't even look at that small profit margin.

They tried to persuade He Yuzhu not to do that, but He Yuzhu wouldn't listen, and the matter was eventually dropped.

He Yuzhu said, "We need to use an OEM model. You register a brand, you can use my circuit board and design, or you can find someone else to do the design. Leave the production to me, I will do the OEM production for you, and you can handle the sales."

Liao Liewen said in surprise, "How can you make any money like this?"

After all, the bulk of the profits come from sales, and not much is earned from production.

Moreover, this method of cooperation is not advantageous to He Yuzhu.

After all, He Yuzhu provides the raw materials and workers for a one-stop production and assembly service.

You only need to register a brand, and then you can start selling.

Liao Lieying had been following He Yuzhu for a long time, and although she was a little surprised, she didn't ask any more questions.

Chapter 536 Sell the Building to Me

After all, on one side was her brother and her family, and on the other side was her lover.

When there are financial dealings, it's best to keep quiet.

Otherwise, you'll be caught in the middle, neither inside nor outside the family.

He Yuzhu laughed and said, "We're all family, so even though I'm in charge of production and you're in charge of sales, there's no problem at all."

He Yuzhu thought to himself, the market potential of this transistor radio is truly not to be underestimated!

Look at the current situation: the high price of television sets makes them unaffordable for most ordinary families, and the limited number of programs offered by television stations simply cannot meet the entertainment needs of the public.

Therefore, radios have become a popular pastime for the general public, and this situation is unlikely to change much in the next few decades. The market prospects are incredibly bright!

However, faced with such a huge and tempting market, He Yuzhu knew very well that he alone would not be able to swallow this big cake whole.

So the question is, how can we break out of this predicament? After much thought, He Yuzhu felt that the best solution was to invite his close friends and family to join the industry!

Therefore, the first business partner that came to his mind was the Liao family.

He Yuzhu, with a broad smile, proposed to Liao Liewen:

"Brother, I'll handle all the production on my end, and you just need to focus on sales! If we join forces, we're sure to make a name for ourselves in this industry!"

Upon hearing this, Liao Liewen frowned slightly and asked in confusion, "Brother, why did you think of bringing our Liao family into the fold?"

He Yuzhu laughed and explained, "Brother, you're a natural at finance, you might not be so good at business!"

Liao Liewen pressed further, "Oh? How do you know?"

He Yuzhu said with a smile:

"The profits I've made from production are enough for me. As for how to further expand the market, that's your concern. And I will continue to look for other partners to enter this market together."

After hearing these words, Liao Liewen looked puzzled, clearly not quite understanding their deeper meaning. However, Liao Baoshan, standing beside him, quickly grasped the point.

He secretly pondered that his family did not have the relevant production technology. If he wanted to get involved in this field, he could only rely on ordering products from He Yuzhu.

From this perspective, it seems there isn't much difference between this and direct wholesale. After all, He Yuzhu can reap substantial profits through this method without suffering any loss himself.

After figuring this out, Liao Baoshan nodded in agreement and responded:

"That's good. When we get back, we'll start by registering our own brand, and then hire professionals to design a series of unique styles for it."

That afternoon, the group only had a brief exchange and discussion. The specific details of future cooperation would need to be studied and discussed more thoroughly when the cooperation officially begins.

After afternoon tea, they got up and left, returning to their offices on the top floor of the bank to continue their work.

At this moment, Liao Lieying, who had been silent all along, finally couldn't help but speak up: "You really don't need to give your family special treatment because of me! You know, a radio is such a crucial product, you..."

He Yuzhu suddenly interjected:

“Oh dear, how can you say it’s someone else? Your family is my family! Besides, the radio industry is so big, our family alone can’t completely dominate the market. We need to bring in some reliable allies to do it together.”

Hearing this, Liao Lieying was speechless, but her heart was filled with emotion. She was, after all, the eldest daughter of the prestigious Liao family, and now she was willingly submitting herself to He Yuzhu, without even receiving a formal title.

At this moment, He Yuzhu so generously offered to share the profitable business with his family. How could she not feel gratified and satisfied? All the sacrifices and efforts she had made had finally paid off.

Then, He Yuzhu made another suggestion:

"How about this, you go and register a company that belongs to us, create a brand new brand, and work hard for it."

However, Liao Lieying gently shook her head in response:

"My older brother just told me that I will have a share in the new radio company he's planning to register."

Seeing this, He Yuzhu said no more.

After all, he knew very well that although Liao Lieying might not have many actual businesses at present, judging from her past savings and that mysterious little treasury, she should still have a considerable amount of money on hand.

Besides, now that Liao Liewen is willing to give her some shares, it would be superfluous for her to say anything more.

And so, time quickly passed until nightfall.

He Yuzhu happily took Liao Lieying's hand and they walked together toward the Mandarin Oriental Hotel in Central.

Along the way, the two chatted and laughed, as if they had forgotten all their troubles and stress.

Liao Liewen, who was the middleman for this meeting, had been waiting in the spacious, bright, and luxuriously decorated hall for a long time.

He was dressed in a well-tailored dark suit, his posture upright, his expression focused and composed. A short while later, the group arrived at the reserved luxury private room.

After waiting in the private room for a while, Elton Bowles finally appeared at the door.

This businessman from a foreign land looked to be in his thirties, tall and upright, with a brisk and powerful gait.

What is most striking is his prominent, hooked nose, which resembles an eagle spreading its wings and about to take flight, leaving a deep impression on people.

After they met, they greeted each other politely and warmly, and then took their seats. As soon as they sat down, Elton Bowles began to shower He Yuzhu with praise.

He smiled and spoke in fluent but slightly accented Chinese:

"Mr. He is truly a young and promising man! To achieve so much at such a young age is truly admirable."

Then came a series of flattering words, praising He Yuzhu as if he were the most extraordinary person in the world.

Faced with Elton Bowles' praise, He Yuzhu couldn't help but feel a little surprised.

He had originally anticipated that the meeting would be a fierce battle, with both sides inevitably engaging in heated debates before reaching a consensus.

However, to his surprise, the other party was so polite and friendly. So, when no one was paying attention, He Yuzhu lowered his voice and asked Liao Liewen next to him why.

Liao Liewen responded in a similarly soft voice:

"When we spoke on the phone just now, I told him that you had already entered the Dan Jin realm. I suppose that's why he respects you so much."

Upon hearing this, He Yuzhu suddenly realized the truth, and his doubts vanished instantly.

As time went by, the atmosphere at the banquet became increasingly harmonious and congenial. Amidst toasts and exchanges of drinks, one delicious dish after another was served. After several rounds of drinks and several courses, everyone had eaten their fill.

At this point, Elton Bowles put down his glass, cleared his throat, and finally got to the point, discussing matters related to the radio business.

“Mr. He, look at transistor radios, this is a brand new industry! The market prospects are incredibly vast. If we work together to make a lot of money, wouldn’t that be a win-win situation? What do you think?” The speaker looked at Mr. He across from him with a big smile.

He Yuzhu nodded slightly in agreement, and then said directly:

“Mr. Elton, I have a good idea about this matter.”

He paused for a moment, and seeing that the other person was waiting with great interest for what to say next, he continued:

"Have you heard that your company has built a large industrial building in Kwun Tong and plans to turn it into a production base? Is that true?"

A flicker of surprise crossed the eyes of the man addressed as Mr. Elton, but he quickly regained his composure and replied:

“That’s right, Mr. He is really well-informed! We do have such a plan. This industrial building has been completed. Next, we need to quickly purchase the necessary production lines and recruit a large number of workers.”

Hearing this, He Yuzhu's lips curled up slightly, and he said confidently:

"Since that's the case, my suggestion is actually very simple and clear. All this effort you've put into building the production base is ultimately to minimize production costs, right? In my opinion, why not simply transfer the entire industrial building to me? I'll handle the production organization, and then supply your company with components at a very low price. Not only that, but if needed, I can even process and manufacture the products for you! What do you think?"

Elton Bowles paused slightly, a hint of displeasure flashing across his face, and said stiffly:

“I really don’t understand, Mr. He! I am clearly capable of producing independently, so why should I transfer the industrial building to you and then buy parts from you? This doesn’t benefit me at all!”

Upon hearing this, He Yuzhu's lips curled into a confident smile, and he responded calmly:

“Mr. Elton, if you choose to organize production yourself, you will first need to continuously invest tens of millions of yuan in advanced equipment. Moreover, in order to ensure product quality and effective management personnel, you will also have to spend a lot of manpower, material resources and time to establish a sound quality management system and personnel management system. The effort and energy required for these tasks should not be underestimated.”

In fact, He Yuzhu had done his homework beforehand. As far as he knew, Elton Bowles' company headquarters were mainly located in the remote London area, which was where its core base was located.

However, what's troubling is that waves of strikes frequently erupt in the UK, causing instability in the labor market; moreover, the wages and benefits of local workers are surprisingly high.

It was against this backdrop that Elton Bowles conceived the idea of ​​investing in and building an industrial building in the bustling city of Hong Kong, and using it to carry out production activities.

After all, here, an industrial building can be successfully built with only about 100 million yuan, but if you want to build a complete and fully functional production base, the investment in fixed assets will rise sharply to tens of millions or even hundreds of millions of yuan.

In 1952, a brand-new Beijing Electron Tube Factory was erected in the Zuixianqiao area on the outskirts of Beijing!