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Volume Four, Chapter 53, The Dust Settles, A New Beginning

Lin Chunming's clear attitude of supporting the restructuring plan made this plan quickly approved by the Municipal People's Congress.

The signing of the two parties seems very low-key and there are not many fancy things. For the new company Gaosheng Electronics Co., Ltd., the most important thing at the moment is to quickly straighten the production system and marketing system.

Since then, there has even been a small episode.

That is, Duan Yongming’s channel system established by Bawang Electronics fully demonstrated its power.

Many channel merchants gathered in Wanzhou and were willing to share weal and woe with Duan Yongming. Then they joined forces to negotiate with the Wanzhou Municipal Party Committee and Municipal Government, hoping to purchase some of the equity held by the Wanzhou Municipal Government.

However, after being rejected by the municipal government, they took the initiative to contact the union representing the interests of the former radio plant employees and finally invested 6.2 million yuan to purchase 4.12% of the shares from the holding meeting composed of the factory union.

Before the Trade Union Shareholding Committee made a decision, Sha Zhengyang specifically reminded the trade union to hold a plenary meeting to vote on this decision to avoid possible disputes in the future. In the end, more than 6,000 employees passed the decision with an overwhelming majority of 99.67%.

For this reason, Sha Zhengyang also made a reminder in advance at the enterprise employee meeting, hoping that everyone would carefully consider this decision, especially when the new company faces huge development opportunities, the future equity of this part of the shares will be quite considerable, but this was ignored by everyone without any suspense. Although they respect Sha Zhengyang very much, they still choose to believe their feelings in the face of actual interests.

All parties expressed respect for this decision, although each person had different ideas.

On August 18, 1994, Hanchuan Gaosheng Electronics Co., Ltd. was officially established.

"A Duan, the dust has finally settled. What are your thoughts?"

There were only two people left in the conference room, but there was inexplicable excitement mixed with fatigue. Duan Yongming looked at Sha Zhengyang: "Zhengyang, although I know it is a bit redundant, I still have to say something, thank you so much."

"Oh, why are you doing so politely? Could that be not what I should do?" In fact, Sha Zhengyang knew what Duan Yongming wanted to say.

The group of more than a dozen young cadres and employees from the original radio plant that I carefully selected and set up before helped Duan Yongming a lot.

Although Duan Yongming's team members are very capable, they are not familiar with the new ones, and the situations of radio plants and township enterprises are slightly different. Therefore, this group of original factory cadres and employees joined Duan Yongming's team and quickly helped the entire Duan Yongming team integrate into it.

In Duan Yongming's words, it helped them save at least three months to half a year of adaptation time.

In just two weeks, the new Gaosheng Electronics has been clearly organized and organized. Of course, the existence of some small problems and details is still inevitable.

However, on the one hand, the monetization of 4.12% of the shares in the union employee stock ownership association became a stimulus of 6.2 million yuan in cash, making everyone truly realize the considerable interest that can be realized at any time. At the same time, the decisive and order-based bans shown by Duan Yongming and others also made them realize that Gaosheng Electronics and Radio Plants are really different, and they also make them full of expectations for the future.

In general, most employees are simple and kind. After three consecutive years of huge losses and living a life of just spending money, they are eager to rely on their hard work to get a dignified reward rather than the altruistic living expenses.

"There is no need to be too polite between you and me. Although you think it is what you should do, from my perspective, what you did has indeed helped me a lot. I have always been worried about whether I can do it after spending half a year to straighten the company. But now it seems that I have been completely over-concerned. The group of people you introduced and recommended is too valuable."

Duan Yongming spoke very seriously.

"That's good. I hope that A Duan, you can use these people as well as your brothers who used to conquer the world. They are all relatively young and have not been immersed in the accumulated habits in state-owned enterprises. So as long as they are used well, they will also become your powerful helper." Sha Zhengyang said seriously.

This is also the promise Sha Zhengyang had to these people.

"Of course!" Duan Yongming agreed, "You should know my character. As long as I have the ability and are willing to do it, the company will never treat them unfairly. I also hope that they will become my brothers in this company."

"Well, I believe." Sha Zhengyang nodded, "A Duan, you have planned the company, right?"

"Well, in fact, I have been thinking about it for a long time. Now this period is mainly to straighten out the relationship and carry out some basic training and cleaning. The company has two considerations. In addition to the construction of the VCD production line you and I talked about, it is the telephone and student computer." Duan Yongming was confident.

"Is there any technical problem?" Sha Zhengyang asked. He didn't ask about marketing or channel issues, that was what Duan Yongming and his team were best at.

"There is not a big problem with the telephone. I found that the radio plant has a solid and strong reserve of technical personnel and technical resources, which is much better than I thought. Student computers are actually upgraded products for learning machines. I personally think that the market is very large and the technical difficulty is not high. Once it breaks through, it can quickly occupy the vast market."

Duan Yongming was very excited.

"Zhengyang, you should know that the biggest pressure we are facing now is the livelihood of these more than 4,000 employees. We cannot keep asking them to train there, but it is difficult to absorb so many employees, so I have to have several production sectors."

"There is 800 employees in the telephone. I estimate that two or three hundred will be enough for the VCD DVD player in the early stage. However, with the market expansion, it may reach 1,500 to 2,000 people, but there is still a large part? So we have to open up products. The market for student computers is very large, so it is worth doing."

The market for consumer electronics is very large and there are many types. Sha Zhengyang is also very clear about this. However, the technical content of domestic consumer electronics is generally low, and the product upgrade speed is very fast. Don’t think that as long as you do a good job of marketing, you can conquer the world. Sha Zhengyang needs to remind the other party of this.

"A Duan, you are an expert in building a business, but I always believe that production and marketing are the keys in the initial development stage of the company. After reaching a certain scale, technological research and development, innovation and brand building will become more and more important. I don't know how you view this,..."

Duan Yongming immediately understood what Sha Zhengyang meant and said seriously: "Zhengyang, I know what you are worried about. I also know the priorities here. One of the important reasons why I left Bawang Electronics was that the head office took away funds that should have been used for Bawang Electronics' research and development of new products and technological innovation. Let's put it this way, in the future, Gaosheng Electronics is on the right track. I hope that no less than 10% of the operating income or 25% of the profit will be used for technology research and development every year, and the high value is taken, and this proportion should be increased year by year."

After hearing Duan Yongming had such a clear understanding, Sha Zhengyang could let go of his heart.

"A Duan, Gaosheng Electronics is on track in the future. I wonder what you think?"

"Zhengyang, are you thinking too far? I know that people will have immediate worries without long-term thinking, but now our task is to let Gaosheng Electronics survive. Only by living can we talk about how to live better." Duan Yongming smiled happily, "Didn't you mention Lianhai Microelectronics Center? I have been thinking for a long time and feel that your suggestions are more visionary and worth taking. With this as a backing in the future, we can avoid many detours in R&D, and even if we can't use them for the time being, we can do them ourselves and authorize them."

"You have to consider that the investment in this area will be huge in the future. I guess Lianhai Microelectronics will eventually become single and come out of Lenovo, and the Chinese Academy of Sciences will not let go easily." Sha Zhengyang said meaningfully.

"What's that? I'm still eager to bring the Chinese Academy of Sciences into the market. We pay for it, and they pay for it. This business is done, but we must dominate it." Duan Yongming was very excited.

"This has to be based on the success of Gaosheng Electronics." Sha Zhengyang said with a smile.

"Of course." Duan Yongming seemed to realize this, "but we can't be slow, it's better not to be late. The production lines in the factory have already started to prepare. The telephone production lines are relatively simple, and it's not difficult to open molds and components. Now it's marketing. Zhengyang. I used to have some connections and there are also CCTV, but I feel that compared with Dongfanghong, it's still a little weaker. How about it? Borrow it?"

"I knew it was okay for you to come to me. Dongfanghong Group did spend a lot of time on media resources, but it has been the second half of the year. They are mainly focusing on fast-moving consumer goods. Gaosheng Electronics has no competition with them, so they can indeed cooperate." Sha Zhengyang said frankly: "I will introduce Mr. Ning and Mr. Jiao to you,..."

"I know Mr. Jiao, and we are also a colleague. Although the products are different, Mr. Ning has been famous for a long time. I want to take time to visit him." Duan Yongming nodded, and there was a bit of joking in his eyes.

"Zhengyang, I feel that you have a great influence in Wanzhou, or Hanchuan. Huafeng Electrical Appliances' old friend is your classmate. Dongfanghong Group is your land of making a fortune. Ruos Electrical Appliances is your first joint venture. Now Gaosheng Electronics has such a deep relationship with you. Why do you think you are like a spider constantly weaving this web in your own territory?"

Shocked, Sha Zhengyang glared at Duan Yongming, "You are slandering, I am a government cadre! No matter how good you performed better than when you were in the past when Bawang Electronics was, right?"

"You are the real slander. If I really have the ability, would I resign and come to Wanzhou?"

Duan Yongming also laughed.
Chapter completed!
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