After having a simple lunch at Huaguang Chip, Wan Feng came to Chenhui Industrial.
Cheng Huimin hugged Wan Feng at the gate of his company, and then took Wan Feng to visit Chenhui Industrial.
Chenhui Industrial's current production scale has expanded to an annual output of two million mobile phones.
However, as mobile phone technology becomes more and more advanced, Chenhui Industrial's shortcomings have become apparent.
Compared with the employees of Huaguang Electronics and Huaguang Technology, the quality of Chenhui Industrial's employees seems to have declined. When producing the latest mobile phones, the yield rate began to lag behind.
There was no other choice but for Chenhui Industry to focus on producing older models of mobile phones, with a small number of the latest models.
Of the annual output of two million units, the production of old models of mobile phones accounts for 70% of the production capacity.
Cheng Huimin spent a long time trying to figure out the reason for this, but he still couldn't figure it out.
Wan Feng didn't come to find the cause for him, and even if he could find it, he wouldn't help him.
Huaguang Electronics and Huaguang Technology mainly produce the latest mobile phones. There must be companies that produce older models of mobile phones, right?
Chenhui Industry actually plays such a role. Now that the cause is found, who will produce the old models of mobile phones?
Wan Feng came here mainly to understand the real estate situation in Xianggang.
"Xianggang's real estate has now fallen to an all-time low, halving its value before the handover. Mr. Wan, are you planning to make a move?"
A few years ago, Wan Feng told Cheng Huimin to pay attention to the changes in the Xianggang real estate market. Cheng Huimin did not forget it. Over the past few years, he has gained a very detailed understanding of the Xianggang real estate market.
Cheng Huimin spoke for more than an hour, presenting the current situation of Xianggang real estate in three dimensions to Wan Feng.
The real estate market in Hong Kong has been declining since the Asian financial crisis, and has continued to fall until now. Compared with the period before the handover, the drop has reached 70%.
Now is the node.
It began to pick up in the second half of 2003 and continued to rise until 2018.
Now is certainly the best time to buy land.
Wan Feng nodded and said, "Call the people from Juchuang Group to discuss the purchase of the land."
Cheng Huimin immediately went to handle the matter.
A day later, Lin Juchuang personally went to Shenzhen with Lin Tingfang, the current head of Juchuang Real Estate, and Lin Lairong also came to join in the fun.
On Wan Feng's side is Ye Qianwen, the chairman of Qiandong Group.
The meeting was held in Ye Qianwen's hotel.
The meeting on the land purchase lasted for a day, and finally the participants established a joint company led by Juchuang Group.
The person involved in this matter on Wanfeng's side is Guan Caoyuan.
Guan Caoyuan participated in the Nanchaoxian trip in 1998, the year she graduated, and performed well in the acquisition of Sansheng. Since then, she has been involved in the management of Nanwan Group's financial business. Four years later, she is now the head of Nanwan Group's financial department.
The funds that Wan Feng asked Guan Caoyuan to manage this time are 30 billion Chinese yuan, and all of this money will be invested in the land in Xianggang.
When Lin Juchuang saw Wan Feng's offer of 30 billion, he thought the opportunity had come, and he invested almost all of Juchuang Group's assets in the acquisition of Xianggang land.
Qiandong also invested 5 billion yuan, and even Cheng Huimin invested all of his business income of more than 200 million Hong Kong dollars in the past few years.
Standing on the bank of Shenzhen River and looking at Xianggang across the street, Wan Feng frowned.
"Mr. Wan! Are you making such a big move this time because you are optimistic about the future of Xianggang?" Lin Juchuang and Cheng Huimin stood on Wan Feng's left and right, and this question was asked by Lin Juchuang.
Wan Feng shook his head and sighed, "The future of Xianggang? Does Xianggang have a future?"
If the Cyberport that Chief Executive Tung built at the beginning of his term could be officially launched, then Xianggang would really have some future. Unfortunately, two years later, the Cyberport was turned into real estate by the young master of the Li family who was awarded the title of Little Superman. Xianggang’s hopes were shattered and it no longer had a chance to turn things around.
"Mr. Wan! You are just so bad. You always have a bad impression of Xianggang. You are prejudiced against our Xianggang." Lin Lairong has been dealing with Wan Feng for the longest time, so he naturally knows what Wan Feng thinks of the people of Xianggang.
"This has nothing to do with prejudice. When I do something, I first try to understand the cause and effect before I make a judgment. Take your Xianggang, for example. Although it has returned to China, everything is abnormal, from the judiciary to the system. Its future is clear to me: it has no future."
Although Wan Feng knew that the people in Xianggang would not like to hear what he said, he still said it because he was telling the truth.
"Xianggang's judicial system is very good. Xianggang is a society ruled by law!" Lin Lairong was dissatisfied.
"Haha! In my eyes, the so-called rule of law in your Xianggang is worse than shit. Can a bunch of foreign judges with instant noodle heads bring you real fairness? They are nothing but nails planted by the Ying country to create chaos. There are many such nails in Xianggang's judicial, educational and various industries. Why does Ying country plant these nails? To cause trouble! If you continue to use Xianggang's current legal system, these nails will continue to create all kinds of trouble, from a few to many, small to large. Your Xianggang has been ruled by Ying country for hundreds of years, and you don't really have any concept of home and country in your hearts. With such a soil, how good can it be? Let me put it here, with Xianggang's current education system, Xianggang people born now will become cockroaches when they grow up."
"Cockroach! Mr. Wan! Isn't it inappropriate for you to describe the children of Xianggang like that?"
"You'll see in a dozen years. These children, under Xianggang's education system, will be lacking in knowledge and have low IQs. They'll keep shouting about the "min pig seed oil" but won't understand a thing. They'll definitely cause trouble. What do you think of Xianggang's future? I'm extremely pessimistic about Xianggang. You may not believe me, but time will tell. Sigh! Let's not talk about these unpleasant things and think about how to make money."
Wan Feng didn't want to talk about these things anymore. The rural Hong Kong people were as confident as the Indians, and always had a sense of superiority. It would be a fantasy to ask them to admit their own shortcomings now.
I really don't know where their sense of superiority comes from.
The purpose of purchasing this land is to make money. After all, the country gives so much subsidies to these ungrateful people every year, so it might not be a bad idea for him to make some money back.
Wan Feng's profit target for this investment is 50 billion. As long as it reaches this psychological expectation line, he will sell all of it. He may keep some of it somewhere to do something with it in the future, and the rest will be sold.
Wan Feng stayed in Shenzhen for three days and then went to Xiwan when he returned.
Xiwan has now been officially renamed Xiwan Group and has become an important industrial town in Dongguan City.
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