Electronic products are a manifestation of technological strength. Most domestic electronic product manufacturers are concentrated in the Pearl River Delta region.

Even many top electronic product technology companies are established in the Pearl River Delta region.

As a demonstration area for front shops and back factories, the region's comprehensive policies, coupled with the high profits of electronic products, have also made the Pearl River Delta region a paradise for electronic products.

The famous Huaqiangbei region is even more representative among the representatives.

As a rising electronic product, MP4 has the advantage of being able to play music, videos, e-books, and pictures, and has instantly attracted the love of countless young users.

And compared to mobile phones, although MP4 does not have the function of making calls and text messages, it can attract the love of young users with more entertainment methods than mobile communication devices.

And the price of MP4 is generally much cheaper than that of mobile phones. The price of MP4 from a well-known brand is about between one thousand and two thousand.

And MP4s made by some cheap copycat manufacturers can be obtained for only 500 to 1,000.

In an era when the per capita monthly income has just exceeded 1,000 yuan, MP4 has indeed become a favorite among young people due to its wide range of entertainment and relative price.

Even in this era, there are electronic products that are popular for each age group.

The most popular electronic product for younger or younger users is learning machines, and the most well-known manufacturer of learning machines is the predecessor of the two major mobile phone manufacturers in the future, BBK.

For young to middle-aged users, the most popular products are MP4 or MP3 with a wide range of entertainment features. The relatively cheap price and wide range of entertainment functions are deeply loved by young people.
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As for middle-aged and elderly people, users at this stage have shifted most of their focus to work and family, and a feature phone or even a brand-name mobile phone is the representative of this group of users.

With the continuous development of the times, the mobile Internet has truly become a hot topic in the field of science and technology. Smartphones will generally have various functions of learning machines, MP4 and feature phones, and will eventually become electronic products in the new era.<

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Now Xu Cong has also completely set his sights on MP4.

MP4 is much easier to produce than smartphones.

To put it in very simple terms, making MP4 now basically does not require any core technology.

Products such as MP4 have actually appeared in the past few years, but the high price has prevented such products from being truly popular among mass consumers.

As the most popular fruit company in the field of science and technology, it has launched similar products, instantly bringing such products into the public eye.

It has also driven some electronics factories to produce MP4 accessories.

Nowadays, various accessories for MP4 products are very abundant in the Huaqiangbei area. Even some inexperienced electronics factories can completely rely on purchasing these scattered hardware to piece together an MP4.

This has also caused domestic MP4 manufacturers to spring up like mushrooms after a rain.

Of course, some MP4 manufacturers have spent some energy and brains in manufacturing and producing MP4.

Some will improve the size of the screen or the appearance of the MP4 to improve the appearance of the entire MP4, while some electronic manufacturers will also improve the external speakers or other hardware of the MP4 to allow the MP4 to integrate with other products in certain functions.

Create differentiation.

Xu Cong plans to expand into the field of electronic products before producing smartphones, and use files such as MP4 to build the reputation of the new company.

In the Shenzhen city near Huaqiangbei, Xu Cong just spent 80 million to acquire a mobile phone company.

Pineapple Electronic Communication Equipment Co., Ltd.

It is said that the company is actually a small workshop that makes fake mobile phones. The entire company has nearly a hundred employees, most of whom are engaged in the assembly of the most basic electronic products.

After acquiring the company, Xu Cong also handed over the main things of Wanxiang Technology to director Zhang Yong.

The development of Wanxiang Technology is now basically stable. The framework for the company's future development has been laid out by Xu Cong. Now the company is developing steadily in the industry, and it has also given Xu Cong more economic support.

This year, Wanxiang Technology's revenue in the second half of the year has achieved a large-scale increase. Especially after Wanxiang Technology entered the overseas market, the increase in the company's revenue has directly achieved several times of growth.

Now the company's monthly capital flow is basically several billion. Excluding the corresponding taxes and the basic costs incurred by the company, the company's monthly net profit can now directly reach three billion.

However, the company's senior management has also been discussing with Xu Cong recently, hoping that the company can truly enter the stock market in the future.

After all, the company has been established for three years now, and by the end of this year, the company will be officially established for the third year. In another year, the company can consider listing.

If a company wants to be truly listed on the stock exchange, it needs to have three years of registration, and during these three years of registration, its monthly profits must basically remain above a certain amount.

Now Wanxiang Technology only has time left before it can be listed on the stock exchange.

The three-year period has expired, and Wanxiang Technology can apply for listing.

The senior management within the company still attaches great importance to the listing of the company. After all, Internet technology companies are not physical technology companies.

As a company that is not engaged in the physical field, if you want the company to truly expand its scale, become bigger and stronger, going public is the best way.

After listing, the company can obtain more financial support through listing, and at the same time, it can also use the opportunity of listing to make more capital cooperation, promoting the company to have more channels and directions for future development.

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Regarding the company's listing, Xu Cong also understands that if Internet companies want to develop a larger scale, going public is the only way for them to go public.

After all, the company before it went public basically belonged to Xu Cong alone.

Although Xu Cong is said to have technical value, he has no background and no channels. In the end, it is easy for him to be targeted by other forces and people.

And when the company is actually listed, the interest group behind the company is no longer Xu Cong alone, but more investors and capital companies.

By then, with the support of more interest groups, the company will not only be able to gradually expand its territory in the future capital market, but on the other hand, it will also be able to further enhance the company's ability to bear risks.

Of course, after the listing, it is basically difficult for Xu Cong to move the company's cash flow.

After all, all the shares of the current company belong to Xu Cong. If Xu Cong wants to move cash flow, he only needs to say hello to the accountant and approve a note.

But after the company is listed, all the company's cash flow basically belongs to the company. If Xu Cong wants to move the company's cash flow, he can only choose to move the cash in the name of investment.

What Xu Cong needs to do now is to set up a corresponding company to solve the funding problems of Feiteng Microelectronics and Sugon Semiconductor.

On the other hand, before Wanxiang Technology really considers going public, Xu Cong will start to transfer a large part of Wanxiang Technology's cash flow to his personal account to facilitate Xu Cong's actions in the future.

Now the company's cash flow has basically reached tens of billions, and Xu Cong still has one year left.

Within this year, Xu Cong will accumulate a lot of funds to facilitate the development of business in other fields in the future.

On the other hand, Xu Cong will also consider learning Rebus's principles of doing things.

Gradually change from a company manager to an angel investor supporting more business fields and technology companies.

Thus, a factional company with "Xu Cong" as the core is established, which will make it easier for Xu Cong to gain a stable foothold in the entire industry in the future.

After acquiring the Pineapple Electronic Communication Equipment Technology Company, Xu Cong felt inexplicably that these two words were a little too arrogant when looking at the word "Pineapple".

"Beautiful state-owned fruit, China-owned pineapple?"

Xu Cong was still a little resistant to the name Pineapple, so he considered changing the name of the company the day after acquiring the company.

Xu Cong, who comes from another dimension in the future, has some bad taste in many forms.

A series of names such as Vivo, Opal, and Rice kept popping up in Xu Cong's mind.

The name Juchang is naturally unacceptable. After all, Juchang has been established now. Even though its main business is still in the communications field, Juchang is already cooperating with operators to create similar functional phone products.

Hongjun!

After much thought, Xu Cong finally changed the company's name to a more "two" name.

Out of his love for ancient mythology, Xu Cong changed the company's name to Hongjun.

Hongjun, as a representative of the great road, has a very unique position in ancient mythology.

In addition, this name also has certain homophonic substitutions.

The development and exploration of science and technology is just like the Long March, and the homophony used by Hongjun also represents the confidence in the Long March in the field of science and technology.

Don’t be afraid, don’t be afraid of the difficulties in scientific and technological exploration.

Moreover, Xu Cong still has a lot of bad taste in his heart, and even considered whether to rename the system he created, and rename the Taixu system to Hongmeng system.

Hongjun and Hongmeng sound like a perfect match.

After changing the company's name, the next thing to do is to continuously expand the company's size.

Although the Electronic Communications Technology Company is said to be a company, it is actually a small workshop with only a few dozen workers actually doing assembly work.

And these workers are not formal contract workers, but temporary workers.

Their proficiency in assembling products is still much lower than that of formal workers. It basically takes a few minutes to assemble an electronic device.

You must know that some top foundries can basically assemble one to two devices in one minute.
Chapter completed!