After careful consideration, Li Muchen decided to allocate more than 10 million US dollars to continue purchasing a toy factory.
He first conducted in-depth research on the domestic and international toy markets, and carefully analyzed the production capacity, product quality and market prospects of toy factories in various regions.
What is different from the past is that this time he has made full preparations and has turned his attention to the domestic market, mainly because of the low wages and cheap raw materials here.
He collected a large amount of information on domestic toy factories through various channels, and together with a professional evaluation team, conducted detailed inspections and evaluations of multiple candidate manufacturers.
He not only focused on the manufacturer's hardware facilities, such as the size of the factory and the level of advanced equipment, but also focused on the experience and quality of the management team and the technical level of the workers. He also carefully studied the manufacturer's financial statements, analyzing its past sales data and profit situation.
Today, there are very few toy factories in China. Li Muchen keenly sensed this business opportunity. Mainly to sell toys overseas, he came up with a bold idea: to cooperate with relevant departments to build several new factories.
Li Muchen found the person in charge of the relevant department and said, "Hello, I believe the domestic toy market has great potential, but the number of toy factories is currently limited. I hope we can work together to build a few new factories. The toys produced will mainly be exported overseas to create more economic value."
The person in charge responded, "Mr. Li, your idea is very forward-looking, but the quality and standards of toys exported overseas are very high. Are you sure?"
Li Muchen answered confidently, "Of course! I've done sufficient market research and have a preliminary plan for building a factory and operating it. I will introduce advanced production equipment and technology, strictly control quality, and will definitely meet export requirements. As long as we work together, we will succeed."
The person in charge nodded and said, "Then let's discuss the details of the cooperation."
Next, Li Muchen had in-depth and efficient communication with the person in charge and quickly reached an agreement on cooperation.
Li Muchen said sincerely, "As for the details of the cooperation, I think we can arrange it like this. In terms of funds, I will invest promptly according to the previously agreed proportion. In addition, I will be responsible for introducing advanced production technology and management experience to ensure the efficient operation of the factory."
The person in charge responded, "Okay, Mr. Li. We will fully cooperate with you in handling the relevant procedures and providing assistance in all aspects. We will also provide reasonable advice and support regarding the factory site selection and infrastructure construction."
Li Muchen continued, "We also hope to receive your support and coordination in terms of personnel deployment and technical training."
The person in charge nodded and said, "No problem, Mr. Li, we will mobilize all available resources to assist you. I believe our cooperation will yield fruitful results!"
In order to seize the time and start the business as soon as possible, Li Muchen chose to purchase several ready-made factories because he knew that time was pressing and time was of the essence.
After all, building a new factory takes a lot of time, and the overseas toy market is changing rapidly, opportunities are fleeting, and they simply won't wait patiently for him to slowly prepare.
He understood that in the fierce market competition, speed and timing often determine success or failure.
If he missed the opportunity to enter the market due to the long process of factory construction, he might miss a great development opportunity, so he made a decisive decision to buy the factory.
In the lively month of August, Li Muchen's toy factory has been busy producing a large number of toys based on a series of popular cartoon characters.
First of all, there is the adorable Teddy Bear, whose furry appearance and soft touch make people want to hug him; the adorable Kumamon, with his iconic blush and clumsy movements, always makes people laugh; the unique Black and White Bear, with its black and white fur and mysterious eyes, is full of unique charm; the warm and lovely Brown Bear, with his round body and friendly smile, seems to bring endless comfort to people; the uniquely shaped Building Block Bear, with its free combination characteristics, inspires people's creativity.
There is also the sweet and charming Strawberry Bear, which exudes a sweet scent and makes people feel as if they are in the world of strawberries; the Unlucky Bear, who has his own funny points, his unlucky but optimistic appearance always brings joy to everyone.
The adorable Lucky Cat, with its bright big eyes and playful tail, is endearing; the soft and adorable Jelly Cat, with its jelly-like translucency and adorable form, is irresistible. Balala the Fairies, imbued with fantasy, uses magic to convey courage and justice; and the Teletubbies, with their simple and approachable characters, bring warmth and companionship to children.
Based on these cartoon characters, not only exquisite toys are produced, but also a series of peripheral products are launched, such as colorful and exquisitely patterned posters, small, practical and uniquely designed bookmarks, etc.
These products are dazzling, full of creativity and appeal, as if they constitute a wonderful world full of childlike fun.
Once these toys and peripherals were launched on the market, they immediately shone brightly in the global market and quickly won rave reviews.
The soft fur and warm touch of the Teddy Bear make it like a close friend of children, giving them endless comfort and companionship; Kumamon, with its unique blush and adorable demeanor, has become a source of joy for people, and whether it is placed on the bedside or used as a decoration, it can bring a happy mood; the mysterious and unique image of the black and white bear inspires people's curiosity and desire to explore; the friendly and warm appearance of the Brown Bear makes people feel sincerity and kindness; the Building Block Bear, with its rich creative combination possibilities, satisfies people's pursuit of individual expression.
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