Wealth

Vol 2 Chapter 46: Seeking wealth in insurance

The loan procedures are much simpler than Fan Wuyi expected. This may also be a special result caused by special circumstances in a special period.

After verifying with the Swiss Bank and obtaining the pledge-related procedures, the People's Bank of Panshi City fulfilled the corresponding loan procedures, using Fan's certificate of deposit as collateral, and loaning him 6.5 million yuan for a period of three years. The annual interest rate is 5%. In other words, Fan Wubing pays RMB 325,000 in interest to the Panshi City People's Bank every year, and pays off the principal in one lump sum after three years.

   "The interest is really high enough!" Fan Wubing said painfully looking at the signed receipt.

   "It's already very low, it still depends on the face of your foreign currency deposit slip." Mei Tianliang made a large order this year, in a good mood, and said to Fan Wuyao with a smile.

   Fan Wuyao curled his lips, thinking that if I were not convinced that my profitability and the yen in my hand would double, the ghost would borrow such high-interest loan sharks. I just took the road of underground money houses, but that’s all right?

   Fan Wuyi collected his own cash and collected seven million, and then filed a draft, which was directly sent to the bank account of Tongsheng Company designated by Qiu Baohua in Shenzhen.

   After finishing the payment, Fan Wubing suddenly felt a little uneasy in his heart. What if Qiu Baohua took out his money and ran away? He is in Panshi, Qiu Baohua is in Shenzhen, and the two places are thousands of miles apart. If he absconds with the money, he really has no way to stop it.

   Thinking of this, Fan Wubing suddenly became a little uneasy, and he was also a little irritable.

   Fortunately, the things Fan Wubing worried about did not happen. A week later, 7.7 million yuan was returned to Fan Wuyi's bank account. Only then did his heart return to his stomach.

   Calculating the business this time, one week before and after, net income of 700,000 yuan, which is really good.

   Seven hundred thousand! How can pig raising do this business as quick money?

   For this period of time, Fan Wubing has been considering the way of cooperating with the Pingyuan Factory. Since it is still the old way of processing supplied materials, he has to form a new counterpart offshore company to keep in touch with the Pingyuan Factory. But this time, he didn't want Qiu Baohua to be involved in this matter, so after thinking about it for a long time, he decided to re-register an electrical appliance company in Hong Kong.

  Because he already has an agent in Hong Kong, it is much simpler this time. Fan Wubing directly contacted the office staff of Hong Kong Jianhua Clothing Co., Ltd. and ordered them to register an electrical company that specializes in small electrical products.

   After obtaining the relevant license, Fan Wuyi entrusted Mr. Wang to sign a contract with Pingyuan Factory on his own behalf, and provided Pingyuan Factory with 5 million yuan of funds and related samples, as well as several magnetic head production lines sold to him by Sony.

The Pingyuan plant also expressed great enthusiasm. After all, this was the first contact between an inland manufacturer and an overseas company. This incident also shocked the competent department of the Pingyuan plant. The support from the above was quite strong, and some were specially sent. Technical experts came to assist the new single player project of the Pingyuan factory.

After all, the Pingyuan Factory is an old military factory with strong strength. At this time, it is used for civilian products. The advantage is still very obvious. After dissecting dozens of samples, it came up with a circuit board production plan and production line design within a month. The employees work in three shifts a day, and within two months, the productivity is formed, and the monthly production capacity is about 30,000 units.

   But this way, Fan Wuyao's financial pressure will be greater. For the purchase of raw materials, he has to pay nearly one million yuan a month.

However, the sales results are somewhat unsatisfactory. After all, the stand-alone player is a new thing, and the price is relatively high. Even if Fan Wuyao has only added a small profit in addition to the production cost, it is still lacking. People are interested, this situation is a bit beyond Fan Wuyi's expectations.

   "It's not going to work like this!" Fan Wuyao scratched his head.

   Today's sales mainly rely on door-to-door sales, that is, to shop in various shopping malls. For example, a few fixed samples are placed in a shopping mall, and dozens of goods are added to provide trial products to let everyone feel the effect. Essentially speaking, this is a passive type of sales, and most of it depends on everyone's recognition of this new thing reaching a high level before a breakthrough in sales is possible.

   There are two main bottlenecks that restrict sales. One is everyone's recognition of the player, and the other is the tape problem. After all, there are very few domestic tapes and there are no new songs to listen to. What do you want this player for?

   After thinking about it, UU Reading www.uukanshu.com decided to go export first and put the player in the Hong Kong market to see how it works. After all, the music atmosphere there has to be much more open.

In this way, the shell company registered in Hong Kong has something to do. Fan Wuyao, based on the selling price of Sony’s Walkman in Hong Kong, has formulated a single-player unit retail price of 180 Hong Kong dollars, which is comparable to that of Walkman. It's more than half the price. Then he entrusted Qiu Baohua to recruit a group of sales staff in Hong Kong and gave him a wholesale price of 150 Hong Kong dollars, and he was solely responsible for the specific sales.

Qiu Baohua is now developing in Shenzhen, not only doing foreign exchange, but also doing some relatively profitable electronic import and export business. At this time, after seeing the single player sample sent by Fan Wuyi, he intuitively felt that this thing might be promising, so he plunged into Hong Kong. Through the Hong Kong sales network that has been established over the years, we have promoted the single player vigorously.

Because the single player developed by Fan Wuyao saves many unnecessary parts, and puts a lot of effort on the structural design, the circuit board has also been greatly improved, so the volume is much smaller, and it has basically reached the mainstream later. The size of the player is not much larger than the tape, and the appearance adopts two modes, one is square and the other is streamlined shell, which adapts to the habits of people of different ages.

As a result, as soon as the single player was launched in a big shopping mall in Hong Kong, coupled with the cooperation of various promotional activities, it immediately aroused the pursuit of young people. Hong Kong people with the tradition of star chasing suddenly discovered that this single player can satisfy them even though the function is relatively simple. The ordinary demand, more worth mentioning is the low price.

   One month after the single player was listed in Hong Kong, sales exceeded 20,000 units. In Fan Wuyi’s words, it became popular.

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like