Chapter 189 The biggest winner

"He? Zeng Xiangqi can't protect himself now, so he doesn't have time to keep an eye on me. He secretly built a factory outside, and now it's ready for trial production, but the core components are out of stock at all. Huh, he also wants to force me to sell my hands at a low price.

With the shares on the market, my wishful thinking has come to nothing."

What Lu Yali means is that you can make less or even no money, but you can't run out of stock. Boba's brand is not as good as those giants. If it runs out of stock, it will soon be squeezed out of the market.

"Okay, I can help you with this, but the price..."

How could Hu Yang sell these 800,000 sets of core components at such a low price now? Not even Lu Yali. He would never become Mr. Dong Guo and let Zeng Xiangqi have fun secretly.

"I know, you just supply me core components at market prices, and OEM costs are two different things. Well, can you help me produce 200,000 units as soon as possible?"

Lu Yali begged softly, and Hu Yang could only nod in agreement.

According to the market price, the current price of a set of VCD core components (including decoding chip and movement) is 260 US dollars (28,600 yen), which is more than 2,000 RMB. With this cost burden, even if the price increases a little bit

, it’s pretty good if you can earn a few dozen yuan at most from one machine.

Now it's not just Lu Yali. The sudden outbreak of VCD machines has exceeded everyone's expectations. All major manufacturers are the same, and their inventory is seriously insufficient. Before and after the Spring Festival, everyone is losing money and making money, maintaining the minimum shipment volume, just to

Maintain market share without falling.

Subsequently, Hu Yang signed a sales contract with Lu Yali in the name of Xiangjiang Huijia Trading Company. Xiangjiang Huijia sold 200,000 sets of VCD core components to Boba at a price of US$260 per set, for a total price of US$52 million.

Lu Yali transferred the 52 million US dollars to the account of Xiangjiang Huijia Trading Company. Hu Yang sent 200,000 sets of core components to Nishite Technology, and Nishite Technology manufactured VCD machines for Boba.

The 400,000 sets of core components in stock of Nishite Technology were given to Xinke and Wanlida respectively, and the remaining 200,000 sets of Populus euphratica were given to several small factories.

The unit sales price of Nishite Technology is consistent with what Populus euphratica sold to Lu Yali, both at US$260 per set.

Populus euphratica's Xiangjiang Huijia and Nishite Technology cleared their inventories and each received a payment of US$104 million.

Xiangjiang Huijia has a Japanese yen account and a US dollar account at Sumitomo Mitsui Banking Corporation, and a Hong Kong dollar account at HSBC.

The payment of US$104 million was temporarily deposited into a US dollar account. There was still 220 million yen in Hu Yang's Japanese yen account before. He also exchanged it for US$2 million and transferred it to the US dollar account, which added up to US$106 million.

Based on the current exchange rate of 110 yen to 1 U.S. dollar, the converted yen is 11.66 billion yen. At that time, he borrowed 5.4 billion yen from Sumitomo Mitsui and made a profit of 6.26 billion yen in a short period of time.

Converted into RMB, he made about 472 million yuan from this order.

Of course, this does not take into account taxes and two years of bank interest. Bank interest, in two years, totals 60 million yuan (rmb). After deducting taxes, there is still a profit of more than 300 million yuan.

For Nishite Technology, the purchase price of each set of core components was US$120, the selling price was US$260, and the profit per set was US$130. After 400,000 sets, the profit was US$52 million, or RMB 432 million.

Both sides have 400,000 sets, but there are some price differences, mainly because the imported goods are denominated in different currencies and there are some exchange differences. In addition, Populus euphratica still has a small loan balance in Xiangjiang, which will also cause some errors.

Chen Jialin asked the financial department to do the accounting. After deducting taxes of US$8.84 million, the profit of this single transaction of Nishite Technology was US$43.16 million, which is approximately RMB 360 million.

Then, he transferred the 200 million yuan originally invested by Populus euphratica and the 180 million yuan of profit that should be shared, for a total of 380 million yuan, to the account of Huijia Holdings.

Within a few months, Huijia Holdings had another 450 million in cash on its books.

After the Spring Festival, the sales of VCD machines are still booming, and dealers basically have to go to the manufacturers to grab the goods, otherwise they will not be able to get one.

However, upstream manufacturers such as Philips and Sony are already working on expanding production capacity, and it is estimated that the shortage of core components will be greatly alleviated by April.

However, in just a few months, Aido Electronics had no supply of core components and its products could not keep up with sales. Its domestic sales have been overtaken by Xinke, thus falling into the second place.

Zeng Xiangqi's newly built factory was supposed to be put into production before the Spring Festival. However, it also had no supply of core components and was unable to start operations.

"Master Zeng, there is news from Sony and Philips that they are all working hard to expand production capacity. Our factory can only pay for these two months at most, and we will be able to produce normally soon. But the problem now is that we have not given Lu Yali

With all the bargaining chips, Bo Ba has never run out of stock, which shows that she is quite capable."

The assistant first comforted Zeng Xiangqi, and then raised his concerns.

"Haha, the market is so good now, how could Lu Yali quit? Unless... we are willing to spend a lot of money!"

Zeng Xiangqi made some calculations. According to the current sales situation, Boba will have no problem selling one million VCD machines a year. This wave of price increases for core components will soon pass, and the company's profits should return to

normal level.

In other words, Boba's profit of 300 million a year is the most conservative estimate. If the situation is better, it can reach 400 million.

Then Lu Yali's profit from the company would be between 150 million and 200 million a year.

Therefore, if you really want to completely acquire Boba, you might have to offer a price of 500 million yuan.

But without the acquisition, Zeng Xiangqi felt that the factory he built would be far from effective, and it would also be a waste.

Just take advantage of the current tight supply of core components to talk to Lu Yali about the acquisition.

Therefore, before the first month of the year, Zeng Xiangqi officially initiated acquisition negotiations with Lu Yali. Xiangjiang Cheung Kei Electronics offered 380 million yuan to acquire the 51% stake in Boba held by Lu Yali and others.

500 million is Zeng Xiangqi's bottom line, so the asking price must be lower.

The hot market, the tight supply chain...all this made Lu Yali hesitate. Do you really want to give up this big cake? Hu Yang said that the golden period of VCD is probably only a few years.

Why is there no movement at all in the market now?

With doubts in her heart, she went to Yangcheng again in person to ask Hu Yang for advice.

Hu Yang didn’t say anything else this time, only saying one sentence: “Things must turn against each other when they reach their peak, and they will eventually decline when they reach their peak... The unconventional development of the VCD industry itself has huge hidden dangers.”

As for Lu Yali's current hesitation, Hu Yang didn't say anything. He was not the nanny of Lu Yali and others, and there was no need for him to teach others how to do things.

Returning to the deep sea, Lu Yali thought about it for three days and finally decided to trust Hu Yang's judgment.

As for the other partners, whether it is Tang Ziyu or Wu Maosheng, they have no position in the first place. As long as they can make money, they don't care much about whether to sell the company's shares or not.

After several rounds of negotiations, Zeng Xiangqi finally successfully acquired the 51% stake in Boba held by Lu Yali and others for 487 million yuan.

When Hu Yang learned the news, he smiled and said nothing. In his eyes, Hu Debiao of Aiduo Electronics and Zeng Xiangqi of Cheung Kei Electronics could only become passers-by in history. In the bustling and noisy scene, their lives were actually destined.

Sad ending.

1996 passed by in a hurry, and 1997 arrived unexpectedly.

Populus euphratica, who fully enjoyed the joy of victory, spent New Year's Day with his family and ushered in the Spring Festival.

Li Guixiang and Hu Zhigang have stayed in Yangcheng for a whole year, watching Hu Yue finish her master's degree and then join the workforce.

Then, they both felt a little bored.

I am not yet 70 or 80 years old. Every day I go to the park to exercise early in the morning, and then go to a restaurant to have morning tea. I don’t have to clean the house myself. There are dedicated people in charge of laundry, grocery shopping, and cooking. The daily hard work is just doing the occasional meal.

Tasty meals.

"Dad, Mom, you can go traveling. The world is so big, you can go around and see. By the way, Dad, I still have a camera that I'm not using anymore. I just gave it to you. You can learn photography.

, go out to play with my mother later, you can be her royal photographer."

Hu Yang didn't want her parents to work outside anymore, but it was not a problem to be idle all the time.

So he encouraged them to go out for fun. The first stop was Hu Yang helped his father and mother choose Spring City. Of course, the means of transportation was not by plane, but bought an off-road vehicle and asked Han Wu and a hired life assistant to accompany him.

Li Guixiang and Hu Zhiguang headed west.

The advantage of driving is that you can walk and play all the way, and the time is completely in your own hands.

In fact, Hu Yang also likes this way of traveling. It's just that he is not suitable to leave the company for a long time now. This kind of free travel may not become a reality until he retires at the age of thirty-five.

That's right, the goal Hu Yang has set for himself is to retire at the age of thirty-five.

Therefore, after seeing his parents off, Hu Yang worked seriously in the company for a few days.

It's a pity that the company is not busy now. Xia Bing and Xu Younian can handle ordinary matters in an orderly manner, and there is no need for him to take action personally.

As for VCD machines, Hu Yang no longer paid attention to this industry after clearing his inventory.

Nishite Technology accelerated the pace of transformation after the holiday, gradually increasing the proportion of phs and mobile phone manufacturing in the entire business.

In terms of mobile phone manufacturing, we signed an OEM contract with Motorcycle at the beginning of the year, which is considered as our official start to test the waters of this industry.

In terms of phs, rb has increased the number of orders. Nishite Technology has received orders for 500,000 units this year.

As for domestically, Hu Yang heard that ut and hw have begun to negotiate with Japan about the introduction of PHS technology. The "Little Smart" that Hu Yang has been thinking about might be piloted in the country in the second half of the year and will soon be available in thousands of households.

At this point in time, mobile phones have not yet become popular. On the one hand, mobile phones themselves are not cheap. The price of four to five thousand yuan will deter many people. In addition, communication costs are very expensive. What is the two-way charge?
Chapter completed!