The loan procedures are much simpler than Fan Wubing expected, and this may also be a special result caused by special circumstances in special periods.

After verifying and obtaining the pledge-related procedures with the Swiss Bank, the Panshi Municipal People's Bank completed the corresponding loan procedures, using Fan Wubing's certificate of deposit as collateral, and loaned him RMB 6.5 million for three years, with an annual interest of 5%. In other words, Fan Wubing has to pay 325,000 yuan of interest to the Panshi Municipal People's Bank every year and pay off the principal in one lump sum after three years.

"The interest rate is really high!" Fan Wubing said with some pain as he looked at the document he had signed.

"It's already very low, it's up to your foreign currency certificate of deposit." Mei Tianliang made a big order this year, and was in a good mood. He said to Fan Wubing with a smile.

Fan Wubing curled his lips and thought to himself that if I were not sure that my profitability and the yen I held would double, I would have borrowed such a high-interest loan shark. I would have taken the path of an underground bank, right?

Fan Wubing collected his own cash, raised up seven million yuan, then applied for a bill of exchange, and directly transferred to the bank account of Tongsheng Company designated by Qiu Baohua in Shenzhen.

After getting the payment, Fan Wubing suddenly felt a little uneasy. What if Qiu Baohua took out his money and ran away? He was in the rock, Qiu Baohua was in Shenzhen, and the two places were thousands of miles apart. If he absconded with the money, he really had no way to stop him.

Thinking of this, Fan Wubing suddenly became a little anxious and was also a little irritated.

Fortunately, the thing Fan Wubing was worried about did not happen. A week later, 7.7 million yuan was transferred back to Fan Wubing's bank account. At this time, his heart was put back into his stomach.

After calculating this business, the net income of 700,000 yuan in the first week is really good.

700,000! How can you get money from raising pigs in this industry?

For some time, Fan Wubing has been considering the cooperation method with the Plain Factory. Since he is still the old way of processing materials, he has to set up a new offshore company to maintain contact with the Plain Factory. However, this time, he did not want Qiu Baohua to participate in this matter, so after considering it for a long time, he decided to register an electrical appliance company in Hong Kong again.

Because he already has an agent in Hong Kong, the service was much easier this time. Fan Wubing directly contacted the office staff of Hong Kong Jianhua Clothing Co., Ltd. and asked them to register an electrical appliance company, which mainly deals in small electrical appliance products.

After obtaining the relevant license, Fan Wubing entrusts Wang to sign a contract with Pingyuan Factory on his behalf, providing Pingyuan Factory with RMB 5 million and related samples, as well as several head production lines sold to him by Sony.

Pingyuan Factory also expressed great enthusiasm. After all, this was their first contact with an inland manufacturer and overseas. This incident also alarmed the competent departments of Pingyuan Factory. The support from the above was quite strong. Some technical experts were specially sent to assist Pingyuan Factory's new single-stack machine project.

After all, the Plain Factory is an old military factory with strong strength. At this time, it has obvious advantages when it is used to make private products. After dissecting dozens of samples, it came up with a circuit board production plan and production assembly line design within one month. The employees in the factory work three shifts a day, and formed productivity within two months, with a monthly production capacity of about 30,000 units.

But in this way, Fan Wubing's financial pressure was relatively high. He had to pay nearly one million yuan in a month just for raw material purchases.

However, the results in sales are somewhat unsatisfactory. After all, single-player machines are a new thing and the selling price is relatively high. Even if Fan Wubing only adds a small profit in addition to over-production costs, it is still unpopular. This situation is a bit beyond Fan Wubing's expectations.

"It won't work if this continues!" Fan Wubing scratched his head a little.

Today's sales mainly rely on door-to-door sales, that is, distributing goods to various shopping malls, such as placing a few fixed samples in a shopping mall, adding dozens of goods to provide trial supplies for everyone to experience the effect. In essence, this is passive sales, and it is mostly based on everyone's recognition of this new thing to reach a higher level before a breakthrough in sales can occur.

There are two main bottlenecks that restrict sales. One is everyone's recognition of single-player machines, and the other is the problem of tapes. After all, there are very few tapes in China now, and there are no new songs to listen to. What do you want to do with this single-player machine?

After thinking about it, Fan Wubing decided to take the export route first and put the single-player machine in the Hong Kong market to see how the effect is. After all, the music atmosphere there is much more open.

In this way, the shell company registered in Hong Kong had something to do. Fan Wubing set a unified retail price of single-stacking machines based on the price of Sony's Walkman in Hong Kong, which is more than half the cheaper than Walkman. Then he entrusted Qiu Baohua to recruit a group of sales staff in Hong Kong and give him a wholesale price of HK$150, and he is fully responsible for the specific sales.

Qiu Baohua is now developing in Shenzhen. He not only engages in foreign exchange, but also does some electronic import and export businesses that are easier to make money. After seeing the single-player sample that Fan Wubing has taken, he intuition that this thing may have great potential, so he plunged into Hong Kong and promoted single-player machines through the Hong Kong sales network established over the years.

Because the single-player developed by Fan Wubing eliminated many unnecessary components and put a lot of effort into structural design, the circuit board has also been greatly improved, so it has become much smaller in size, basically reaching the size of the later mainstream single-player, which is not much larger than the tape. There are two modes in the shape, one is square and the other is a streamlined shell, which adapts to the habits of people of different ages.

As a result, the single-player was launched in a large shopping mall in Hong Kong, and the cooperation of various publicity activities immediately attracted the attention of young people. Hong Kong people with the tradition of chasing stars suddenly discovered that although this single-player is relatively simple in function, it can meet their ordinary needs. What is more worth mentioning is that the price is cheap.
Chapter completed!