In Chen Dong's view, those industries will have great development potential in the future, especially after his optimization, combination, and upgrading, their development capabilities will be even stronger.
These garment factories were, of course, purchased to strengthen the garment industry in the future.
Although Huang Yali's Flower Clothing Company has a certain strength, it still has many shortcomings.
Taking advantage of this opportunity to acquire more garment factories would indeed be beneficial for achieving economies of scale.
At that time, Hong Kong, as an international metropolis, was not only a financial center but also a trade center. Many international brands of clothing were manufactured in garment factories in Hong Kong.
Their products are exported and also sold in mainland China.
These clothes are very popular in mainland China because of their novel designs.
As a result, many factories made a lot of money.
Although many of the clothes, in Chen Dong's later years, had many shortcomings, and were not particularly outstanding in terms of quality and style compared to many local Hong Kong styles.
However, compared to clothing styles in mainland China, they are still considered advanced.
Of course, Hong Kong also has many factories that imitate international brands, which are commonly known as "knock-offs," and they make money from counterfeiting.
A company with ambition will gradually upgrade itself based on imitation, continuously improve its own strength, and eventually become a large factory with original creation capabilities.
However, if one only wants to make quick money or has no ambition, one will continue to slowly move forward on the path of imitation.
As their careers grow, many people find themselves unable to personally do many things or connect with ordinary people in the wider world.
People are easily influenced by their environment. For example, many people live in a world of bright lights and bustling activity, and therefore believe that the world is full of such things, with all sorts of attractive men and women.
Fortunately, Chen Dong frequently travels between Hong Kong and the mainland, Taiwan, and various overseas locations.
This allowed Chen Dong to see different scenery, experience different cultures, and recognize the diversity of the world.
It is precisely this point that makes Chen Dong's thinking less rigid, making him think that the world is full of either the poor or the rich.
For example, it's hard for mainlanders to imagine that many garment factories in Hong Kong are located in apartment buildings.
This is because the mainland is vast, while Hong Kong is small, leaving people with no other choice but to do this.
While doing this, Chen Dong suddenly remembered that he had promised Huang Yali a sum of money to invest in her Flower Garment Factory. He had wanted to transfer the money a couple of days ago, but he had to put it aside for the time being because he needed to prepare for the stock market.
Thinking about it again, Chen Dong decided to get it done.
He called the company's investment department to inquire about the company's investment situation.
“Boss, our company has plenty of cash on hand right now. I just checked with the finance department, and they received another 56 million yuan yesterday, of which 43 million yuan came from the stock market. However, as you requested, we will try to minimize idle funds and instead increase investment to keep the funds flowing and generate greater profits. We visited five more companies today, and we expect to reach acquisition agreements with four of them. I will report back to you on the details later.”
Chen Dong was very satisfied. "You've done a great job. You need to strengthen your investment efforts. By the way, what's the status of that Flower Clothing Company in Taiwan Province?"
“We conducted an in-depth investigation of this company and found that it has excellent assets, but its cash flow has been broken, which has led it to the brink of bankruptcy. We have injected funds into it as you requested.”
Chen Dong was very satisfied.
He felt reassured that his subordinates were so dedicated.
“Okay, now transfer another $30 million to them.”
The investment manager exclaimed, "Huh?"
"What's wrong?"
"Boss, isn't this... too much?"
"Is it a lot? Not really! It seems you haven't understood my intentions, or how much importance I place on the clothing industry."
"I'm sorry, boss."
Chen Dong had to explain his views on the apparel industry to the investment manager again.
In particular, we should expand into the inland areas.
In Chen Dong's view, this gap between the mainland and Hong Kong is his opportunity.
He can leverage Hong Kong's advanced concepts and design ideas, combined with the mainland's resources, manpower, and market, to produce clothing for both domestic and international markets. This will not only help domestic clothing companies improve their design and production capabilities but also allow him to amass a huge fortune and build a network of connections.
Because he had already decided that he would not only do clothing production, but also clothing design training.
In particular, we collaborate with large garment factories to improve their clothing design standards through various means.
However, according to Chen Dong's estimate, different garment factories face different problems, and design is only one part of it, or even only a small part.
Of course, in Chen Dong's view, such things can only be improved little by little.
Even if I only do a tiny part, it's worth it.
Moreover, from an overall perspective, it may only affect a small group of people or a small area, but everything is afraid of being specific. When it comes to an individual, a village, or a factory, the impact becomes much greater.
Perhaps, by simply offering a helping hand or making a small contribution, one can change the fate of an individual or a family.
Even if it only affects one person, it's all worthwhile.
Of course, Chen Dong only shared part of his thoughts; he didn't mention the part about his personal feelings.
In his view, this kind of personal sentiment cannot be spoken directly, or more accurately, it should not be publicized before it is done, but can only be done quietly.
Only by truly creating something and doing it well can we let others gradually experience its benefits.
After Chen Dong's explanation, the investment manager suddenly understood. "Boss, don't worry, I'll go and process the transfer right now."
Not long after, Taiwan Province.
The office of Flower Clothing Company.
The finance manager knocked on Huang Yali's office door.
"Mr. Huang, we have an extra sum of money in our account!"
Huang Yali looked up from the document and said calmly, "Oh, it must have been transferred by one of the clients, right? That means our business is recovering."
She was a little puzzled. What was going on? It was just a sum of money coming in; was it really worth making such a fuss about?
"No, it's just a bit too much money!"
"Hmm, how much?" Huang Yali asked, intrigued.
The finance manager held up three fingers: "30 million! In US dollars!"
"What? 30 million, US dollars?" Huang Yali couldn't help but stand up.
"Yes, that's right. It was transferred from some company called Tenglong," the finance manager said.
"Dragon Company... Oh, I understand."
Indeed, Huang Yali realized it immediately.
Isn't this Chen Dong's company?
He said he wanted to invest in his company, so he sent people to investigate and then acquired the company.
Now, he's transferred so much more!
What a rich kid!
It's incredibly lucky that my company was chosen by a young master like him.
......
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