A few days later.
Chen Dong received a call from Wang An.
At this point, the VCD production line renovation was completed.
If mass production is carried out, the cost can be reduced to 500 RMB.
Chen Dong inquired about the cost structure.
According to Wang An, because the chip is proprietary, the biggest cost is not in the decoding chip, but in the components.
After a detailed inquiry, Chen Dong was not satisfied with the results of cost control.
Chen Dong said calmly, "Continue to increase R&D investment. If possible, I hope you can keep the cost below 300. As I said before, the Longteng VCD is going to be a slim and lightweight model, with a compact size and a high-tech appearance, rather than a heavy box."
Upon hearing this, Wang An hurriedly replied, "Yes, yes, boss, please don't be angry. I'll make improvements right away!"
"Okay, it's up to you now." Chen Dong said, and then hung up the phone.
...
At Hong Kong Airport, Jiang Wanmin arrived in Hong Kong with his assistant, Xiao Liu.
On the day he arrived in Hong Kong, Jiang Wanmin had already contacted several Hong Kong entertainment companies.
The two sides agreed to meet the next day.
The first company Jiang Wanmin met was an entertainment company called Ronghua.
Ronghua has a very popular movie in his possession, which has a very good box office.
Director Lin, sent by Ronghua, received Jiang Wanmin.
"Mr. Jiang, let's be straightforward and name your price. You see, I have plenty of good films here."
As Director Lin spoke, he tossed a booklet over.
The booklet lists films produced by Ronghua Entertainment in recent years.
Among them were the films that Jiang Wanmin had his eye on.
However, Ronghua's foundation was still too weak, and only a few of its films could catch Jiang Weimin's eye.
Jiang Weimin said bluntly, "I want the rights to these films. Name your price."
"Haha, no problem, no problem. Our boss said that if you only want the audio and video rights to these few films, the price is 10 million. If you want to take them all at once and buy a portion of our company's audio and video rights in bulk, the rest of the films will be priced at 1 million each. Of course, we're talking about Hong Kong dollars."
Jiang Weimin: "..."
At that moment, Jiang Weimin really wanted to hit someone.
Director Lin lowered his head and drank his tea, not even glancing at Jiang Weimin.
Clearly, Director Lin and his company, Ronghua Entertainment, did not take Jiang Weimin, the boss from the mainland, seriously.
In their view, the mainland was extremely backward, and Jiang Weimin was just a country bumpkin. They would naturally set the price themselves, without considering Jiang Weimin's thoughts at all.
Jiang Weimin squinted, mentally cursing all the women in the other party's family.
In reality, what Jiang Weimin needed this time was a large quantity of discs, not just one disc.
Jiang Weimin said this merely to test the waters.
Jiang Weimin noticed that the other party was asking for an exorbitant price.
Jiang Weimin tapped his fingers on the table and said calmly, "Director Lin, I think you have some misunderstanding about me. I am the owner of Wanjia VCD. I don't need to tell you how well Wanjia VCD is selling, do I?"
"This...that's true." Director Lin was somewhat bewildered, but he obediently admitted it.
After all, Wanjia VCD's reputation was well-known even in Hong Kong.
Many big bosses even use connections to buy Wanjia VCDs from the mainland.
Jiang Wanming nodded and continued, "I need a massive amount of DVD resources to enter the market along with Wanjia VCD players. Not everyone can go to the cinema to watch movies, especially in mainland China. Your films being shown in mainland China will have a very strong market and influence on your industry."
"Also, please give me a reasonable price. Don't treat people like fools!"
After speaking, Jiang Weimin got up and left.
He had many more film companies to meet, and at this moment, Jiang Wanming didn't take Ronghua Entertainment Company seriously at all.
In the following days, most of the film companies that Jiang Weimin encountered were in the same situation.
They started by making exorbitant demands, only stopping when Jiang Weimin hit the nail on the head.
That day, Jiang Weimin received feedback calls from several companies, including Ronghua Company.
These companies are in perfect sync; they value the market prospects, and the prices they offer have changed accordingly.
All the films were categorized into different grades and sold in bundles.
The package price for dozens of films is HK$10 million, and there must be one masterpiece among them, while the rest are distributed among different grades.
Under this model, Jiang Wanmin quickly developed a preference.
However, Jiang Wanmin was not satisfied with this.
Because these companies still have too few film resources.
That day, Jiang Weimin figured out the situation and realized that the most popular film company in Hong Kong at the moment was Huaxia Star Film Company.
In its early days, Huaxia Star Film Company acquired several small companies and bought out all their copyrights in one go.
Subsequently, Huaxia Star has been investing heavily in films in recent years.
It's fair to say that 70% of the Hong Kong film market is controlled by China Film Group.
In addition, many celebrities have collaborated with Huaxia Star.
Even if you want to produce a music CD, you can still get a license.
Jiang Weimin was extremely excited about this.
If we cooperate directly with Huaxia Star, we will have access to a wealth of resources. Why not?
My dear reader, there's more to this chapter! Please click the next page to continue reading—even more exciting content awaits!
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