"Hey, at present, mainland enterprises are still at the low end of the industrial chain, and there are not many truly high-tech enterprises. The lack of technology is one aspect, and the lack of talent is another aspect."

Populus euphratica cannot solve this problem by himself. Even with the efforts of the whole country, it will take many years of hard work to slowly climb to the mid-to-high end.

After staying in the office for a long time and calling Xu Younian to understand the situation, Hu Yang and his party left the company.

"Mr. Hu, should we stay one night or go back today?"

Lin Yan is Hu Yang's assistant. Whether it is hotel booking or itinerary arrangements, everything falls within her scope of responsibilities.

"We're already here. There's no need to rush. It's better to stay one night."

Populus euphratica actually doesn't like staying in Xiangjiang very much. Although it is more prosperous than in the mainland, the space is small and the population density is too high. When he stays here, he always feels an indescribable feeling of suffocation.

However, it’s okay to stay for one night, as you don’t need to come and go in a hurry.

Lin Yan immediately called and booked a room at the Grand Hyatt Hotel.

"Mr. Hu, the room has been booked. Should we go there now or later?"

"Well, let's do this, Assistant Lin, let's go shopping first and then go back to the hotel after dinner."

Staying in a hotel during the day is boring, so it's better to spend more time outside.

It was Lin Yan's first time coming to Xiangjiang, so she was most enthusiastic about shopping. However, she did not dare to come in her own way, so she still wanted to focus on Populus euphratica.

"Mr. Hu, what is this? Can it really be used as a Walkman?"

What Lin Yan was stopping to look at was a small electronic device. When Hu Yang walked in and took a look, he suddenly realized that it was an mp3 player.

The functions of mp3 players are much more powerful than those of Walkmans. Nowadays, songs can be downloaded from the Internet, and the song capacity is far greater than that of tapes.

Before the smartphone era came, many young people had such a device in their pockets and headphones in their ears, which was a must-have for listening to music.

At this point in time, MP3 players have not yet become popular and are still in the market development stage.

"Well, this is an MP3 player, which is much more advanced than a Walkman. Oh, the price is not cheap, it costs 190 US dollars."

This is an mp3 player made in the United States. Not to mention the product performance, the price is quite high-end.

Lin Yan didn't pay attention to the price just now, but when she heard what Hu Yang said, she couldn't help but stick out her tongue.

Hu Yang smiled and asked the salesperson to take out the product manual and read it.

"Bring me five, you should have them in stock, right?"

Hu Yang actually had no interest in this thing, but he had other ideas, so he bought five units at once.

"Okay sir, we have the goods in stock, please wait a moment."

The salesperson was so happy that he sold five units at once and took out the stock directly from under the counter.

After paying the bill and leaving the mall, and eating out again in the afternoon, the group arrived at the hotel.

"Come on, you two can take the stage alone. Sometimes when you get bored, you can listen to some music. Awen, Dacheng also has some. You can bring it to him later."

Lin Yan, Han Wen, Li Jie and Lu Dacheng, who did not come to Xiangjiang, each had one. Hu Yang kept one for himself.

Many times, people like Han Wen and others need to wait for Populus euphratica in the car. Sometimes it’s not unusual to wait for several hours, so I gave each of them an MP3 player.

Hu Yang was going to take this machine back and find someone to study it. If it wasn't too difficult, he might consider making it.

However, in Hu Yang's memory, the competition for MP3 products is fierce. Even if it enters the market earlier, it may not have a particularly obvious advantage.

In the evening, after taking a bath, Populus euphratica deliberately lay on the bed and listened to music for a while. In terms of sound quality, it was better than the Walkman. Of course, this is also related to the quality of the product.

"Ding dong..."

He was lying there listening to about two songs when the doorbell rang.

Hu Yang jumped up and walked over, opened the door and saw Lin Yan. She was holding a big bag in her hand.

"Come on, come in, what are you carrying in your hand?"

Hu Yang is now used to Lin Yan's elusiveness. Even if he wakes up in the middle of the night and suddenly sees Lin Yan, he will not be surprised.

"I just went out and bought some snacks and nutritious porridge for you as a midnight snack."

It was less than six o'clock when I had dinner, not to mention, I was really hungry at night.

"Assistant Lin, thank you. However, it's better not to go out at night as a girl, not to mention you're not familiar with Xiangjiang."

Hu Yang was not polite, took it and started eating, not forgetting to remind Lin Yan.

"It's okay. I asked Awen to go with me. He is familiar with Xiangjiang. Then you eat slowly and I will come over later to help you clean up."

Lin Yan was going back to her room to take a shower, but she was sweating again after going out.

"Uh-huh."

Populus euphratica was drinking porridge and responded casually.

He didn't realize until Lin Yan walked out. There was no need to wash the dishes, so why did Lin Yan need to come over and clean them up again?

Forget it, she can come if she likes.

The next day, Hu Yang and others returned to Shenhai. They didn't even go to the company, and the group went directly to Oshi Technology Company.

"Mr. Chen, please ask someone to take a look at this product. Are there any production problems?"

Chen Jialin is very familiar with electronic products. As soon as the two met, Hu Yang took out an MP3 player.

"This is... an mp3 player? Wait, I'll call someone over."

This thing is not unusual for Chen Jialin, who is an electronic product OEM. However, he wanted to study it from a technical level, so he decided to call the company's technical director to take a look.

Not long after making the call, three men walked in from outside and said hello to Hu Yang first. Although Hu Yang didn't come to the company very often, the elders and senior management of Nishite Technology still knew him.

"Director Liu, look at this MP3 player. How confident is it if it is developed and produced?"

Director Wang, who is also the technical director of Nishite Technology, took the MP3 and looked at it, then discussed it with the other two people for a few words before saying: "Mr. Chen, there is no problem with the production and assembly of this small electronic device. The product.

As for the design, it can be done by recruiting a few professionals. The more troublesome thing is the decoding chip, and for the time being we can only rely on imports."

In fact, MP3 is not more complicated than VCD machines. The biggest problem is the core components. It is time-consuming and labor-intensive to develop by yourself, which is not as good as importing. However, the core components of the product are controlled by others, and market competitiveness and profits cannot be guaranteed.

"Well, I think I understand, thank you."

Chen Jialin glanced at Hu Yang, and when he saw that the other party had no expression, he smiled and said something to several technicians.

"Mr. Chen is too polite. Mr. Chen, Mr. Hu, if you have nothing else to do, we will leave first."

The three of them left the office quickly. They were the technical backbone of the company and had endless things to do every day.

However, Hu Yang was not too disappointed with this answer. The attributes of the MP3 product are no different from those of VCD machines and PHS. It is a transitional product.

The market life cycle of this product is very short, only four to five years, and it will gradually be replaced by mobile phones, especially smart phones.

Therefore, if you really want to make this kind of product, you should still go the route of integrated assembly and explore the decoding chip yourself? Let’s not say whether it will be successful, the price/performance ratio is also a bit low.

Fortunately, there is not all good news. At least there are no obstacles in the production of this product.

"Brother Hu, according to my experience, this product can be made, but it probably won't make a lot of money. Are you really interested?"

Chen Jialin sometimes didn't quite understand Hu Yang's thoughts. Ordinarily, with his wealth, he should look down on such gadgets.

"It's not just for immediate financial gain. I have other plans. Well, I haven't considered this matter yet. I'll come back to you when I have a conclusion."

Hu Yang left as soon as he said he wanted to, and he didn't forget to take the MP3 player with him when he left.

Back at Huijia International Investment Building, Hu Yang called Xu Younian and asked him to collect information on foreign audio decoding chips.

Next, Hu Yang faced a choice. If he really wanted to make this kind of product, should he form a company by himself? Or cooperate with others?

Without hesitating for too long, Hu Yang decided to focus on cooperation. Moreover, this time he was not just thinking about making an audio-visual electronic product, he also had longer-term plans.

A week passed, and Xu Younian submitted a thick stack of information to Hu Yang. Among them were not only audio decoding chip manufacturers, but also manufacturers that could provide a package of solutions.

After a comprehensive comparison, there is actually no good choice. The American company SigmaTel is the leader in this aspect.

"Sister Lu, I have a project I want to talk to you about. Are you and Mr. Gao free tomorrow? If you are free, please come to the investment building and we will have an interview."

"Master Chen, come over tomorrow. I want to announce the investment plan for MP3."

The partners that Hu Yang has settled on are Mingkang Communications and Nishite Technology.

With these two shareholders, the follow-up problems of the new product can basically be solved, and he does not need to introduce a large amount of capital. He still has a large amount of funds in his hands.

The next day, Gao Mingkang, Lu Yali and Chen Jialin arrived on the 87th floor of Huijia International Investment Building on time. Today Hu Yang arranged to talk to them in the multimedia conference room, mainly because there were some information films and slides that needed to be played.

There were just a few of them sitting in the huge conference room. The service staff arranged by the administrative department provided everyone with coffee and drinks and then left the venue. Lin Yan was responsible for presenting the information to everyone.

"Everyone, my idea is to form a new company. The total investment is tentatively set at 100 million U.S. dollars, of which Huijia International Investment (Deep Sea) Company will invest 50 million U.S. dollars, accounting for 50% of the shares, and the remaining 50% of the shares will be owned by

Mingkang Communications and Nishite Technology jointly invested."

After introducing the product positioning, market prospects, etc., Hu Yang focused on the division of shares. This time he will lead the project, and let the two of them discuss how to allocate the remaining half of the shares.
Chapter completed!