Chapter 57: Hong Kong Tycoons Form Supply Chain Alliance



The three of them were drinking tea and chatting about the interesting things that happened in Kyoto last time. However, famous wealthy people from Hong Kong began to arrive and join in the tea tasting and chatting.

The atmosphere began to become harmonious, and Bao Junyi also found some familiar faces, including the gambling king He and Zhang Yuliang.

Because, everyone who can arrive today wants to make money through Bao Junyi's information.

Seeing that most people had arrived and the time was up, Bao Junyi started talking.

"Ayi, I understand why you all came here today. The fortune-making opportunities I'm talking about are still related to industry."

"Industry? How much money can industry make?" Gambling King He said disdainfully.

"Haha, then it's definitely not as profitable as King Ho's lottery business."

"But the key is sustainability and stability. Moreover, if a product or a component is perfected, it can make money faster than printing money."

"Is this true? It's not that exaggerated." the rich man asked back.

"I know you may not believe it, but with globalization, we can't just limit ourselves to Hong Kong. We need to look globally."

"It's like a screw. If you perfect it to the extreme and install it on airplanes and spacecraft, its value will increase a thousand times compared to an ordinary screw. I think everyone understands this principle."

"Everyone knows what this means. I want to hear what money-making project you are talking about, Ayi."

Bao Junyi didn't answer. He looked around at the wealthy people before saying, "The industry I'm talking about is every link in the automotive supply chain, that is, every component."

"If you can perfect even one of these aspects, I believe your wealth can be multiplied many times over."

"Really? We've worked in many industries, and it's not that easy."

"Yes, it's not easy. Besides, we won't see any profit in three years and may even lose money."

"I'm so angry at you. No profit in three years? Even losing money. Isn't this like taking out a loan to work and not getting paid?" A wealthy man stood up and cursed in dissatisfaction.

Bao Junyi said calmly, "I didn't say you'll get rich. If you want to, you can stay. If you don't want to, you can leave. I'll treat you to breakfast. You can eat before you leave."

In an instant, more than half of the people left, and the ones left were all Bao Junyi's old acquaintances.

However, Bao Junyi did not expect that both He the Gambling King and Zhang Yuliang stayed.

"Bao boy, most of the people who should leave have left. Tell me about your specific plans." Zhang Yuliang said.

"Ayi, we are not outsiders if we stay here. Tell everyone about your plan."

"Okay, I'm bringing everyone here this time because I also want to build a Hong Kong automotive industry chain. There are many parts in a car. If each company chooses one, masters all the technology, and develops it to perfection, it will be very easy to make money in the future."

"Also, we at Miracle Auto have signed a strategic alliance with you. Under equal conditions, we will give priority to purchasing your products."

boom...

Now the wealthy are very shocked. In the 1970s, automobile manufacturing was something that only European and American countries could do, and Hong Kong could only produce low-end parts at best.

Huo Yingdong said: "Ayi, if your plan is completed, will our mainland also have a complete automotive industry chain, benefiting upstream and downstream industry companies?"

"Yes, and the initial investment is relatively high, but by independently developing each component, the investment cost per company is relatively low."

"If we were responsible for a component part and the investment wasn't huge, how could we have made the kind of profit you just mentioned?"

Bao Junyi laughed and said, "Many current European and American car models are from the 1950s and 1960s, and haven't changed much. If Miracle Auto makes a high-performance car with standardized parts, our current production capacity won't be enough. Furthermore, we can only produce it slowly with machine tools and technicians."

"Currently, our latest Tank 300 SUV has performance and interior design far exceeding the current ones. However, the production of parts is too time-consuming, so we want to get everyone involved."

Huo Yingdong said: "I heard Zhengyu talk about the car you mentioned. It's very cool. Moreover, I also found it incredible when I saw the photo."

After hearing what Ho Ying-tung said, more than a dozen wealthy people at the scene believed it to be true and would not deny Mr. Ho's character, which was obvious to all.

There was silence for a moment.

Bao Junyi continued, "So, I had this idea last time, to build a local automotive industry chain in Hong Kong."

"Also, with the strategic alliance signed with Miracle Auto, it will be easier to get a bank loan."

"Our company has already signed cooperation agreements with Hang Seng Bank and Bank of East Asia, and they will also provide low-interest loans."

"Ayi, I believe you. I decided to participate. Count me in."

"Ayi, your vision is better than ours. I believe in you and I will join in."

"Ayi, I want to join in too..."

......

......

In the end, everyone present joined in, including gambling king He and Zhang Yuliang.

"Thank you uncles for your trust. Business is business. The rule is that everyone signs up to form the Xiangjiang Automobile Alliance. Uncle Dong, Uncle Huo, I will take the lead and give priority to supplying Miracle Auto. After all, we signed a strategic alliance in advance."

"Secondly, we must not interrupt or cut off supply to any car brand without cause. Our alliance must abide by the contract. Reputation comes first. If we violate the contract, we will pay ten times the compensation. We must also compensate all affected companies in the alliance."

"Does anyone have any questions?"

After thinking about it, everyone responded one after another: "We have no problem!"

Then, Bao Junyi listed the fuel system accessories, cooling system accessories, electrical instrument system accessories, body accessories, steering system accessories, running system accessories, as well as screws, nuts and other accessories, including the technical difficulty, the approximate amount of investment in research and development, and the future rate of return.

My dear, there is more to this chapter. Please click on the next page to continue reading. It will be even more exciting later!

Continue read on readnovelmtl.com


Recommendation



Comments

Please login to comment

Support Us

Donate to disable ads.

Buy Me a Coffee at ko-fi.com
Chapter List