I am preparing to return home on New Year's Eve, and my itinerary needs to be adjusted.
After visiting Mount Fuji in the morning, we packed our bags after lunch and returned to Tokyo to inspect home appliance manufacturers.
The first company mainly produces ovens and microwave ovens, and the second company mainly produces water heaters. They are not large in scale. They are small and medium-sized enterprises like family workshops, and they do not have much cutting-edge technology.
To be honest, Su Yehao didn't know exactly what he was looking for. He could only say that after visiting them, he realized that none of them were suitable.
nowadays.
Washing machines, refrigerators, TVs, rice cookers, Walkmans, etc. are the best-selling products in the mainland home appliance market. There are not many places with natural gas connections, and the market for gas water heaters is small.
What Su Yehao needs is help to bring the Midea Group as a whole to a new level. In his opinion, these workshop-style home appliance manufacturing companies are of little use, so he focuses on a few well-known companies with poor operating conditions, such as
...Toshiba Home Appliances.
Toshiba's strength is obvious to all, but its home appliance business has been losing ground and accounts for a relatively small share of the entire group.
Probably because of rumors of transferring the home appliance business and moving lightly, First Quanye Bank also included it in the target list, but the price is relatively high, about 3 billion Hong Kong dollars, to transfer some production equipment, patents and inventory products.
,
It is definitely not realistic to eat them all. Even if the entire 2 billion financing is used, it will not be enough. If you split out some businesses and majors, you can give it a try.
The whole thing involves too much, Su Yehao just thinks about it for the time being.
This time it was just my own guessing. After all, I didn’t know the actual situation of Midea Group, nor did I know what was missing.
The biggest gain from this trip is not actually the home appliance manufacturing itself, but the home appliance retail store chain...
I wanted to learn about the current development status of home appliances in Japan, so I went to a Sakuraya Electric Appliances chain store in the evening.
The moment he entered the store, Su Yehao thought of the famous Suning and Gome, thus finding a good way out for the troubled Midea Group.
After all, it is a company with a total market value of more than 6 billion yuan after financing. It is also involved in the home appliance manufacturing industry. If Midea Group establishes a subsidiary and takes the lead in developing the retail industry, on the one hand it can open up new profit points, and on the other hand it can open up new profit points.
Can promote product sales.
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As soon as this idea came up, Su Yehao realized that there were drawbacks.
After all, if it is a chain store dominated by the Midea Group, most of the other domestic brand competitors will not be willing to cooperate, and in the end it is very likely that the Midea Group will just entertain itself.
It's a bit troublesome, but it's easy to solve. You can try to bring all the giants into the water, and everyone can jointly invest and form a partnership.
Then he thought that if he ended up, the franchise agents would definitely not be happy. Su Yehao then began to organize his thoughts, and felt that business in the real industry was indeed difficult to do, and the interests were intertwined, making it much more complicated than simply investing.
Putting aside many issues and looking at the essence of financing, it is undoubtedly to make money.
Since it was all about making money, Su Yehao began to change his mind. He did not plan to hang himself on a tree. For example, he could invest in other businesses through the Midland Group, such as looking for ready-made chain home appliance retail companies, or directly use idle funds to go to
Real estate industry development.
He hasn't really taken charge of handling the mess of the Midi Group yet. Countless thoughts are in his head, which is a mess and needs to be carefully summarized and sorted out.
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In the evening, we ate barbecue and drank the green plum wine we just tasted during the day.
Nangong Tian saw Su Yehao's absent-mindedness and asked casually while eating meat wrapped in perilla leaves: "Brother Hao, you have no appetite today?"
Su Yehao said: "It's okay. I have some issues that I need to think about. My dad is planning to raise funds for a mainland home appliance manufacturing company and is considering how to develop in the future. My abilities are indeed not enough. I get a headache when I think about it. I am considering setting up a short-term small business first. Target, finalize a few core main businesses.”
"Such a big business will definitely not be easy. My mother manages a club, and there are big and small things going on every day. Brother Hao, you can definitely do it!"
Nangong Tian still believed in him, wiped her mouth with a handkerchief, and then said: "What are your plans, or tell me?"
"... Home appliance manufacturing is definitely the core. In addition, you can also expand into the retail industry. Not only can you make money through sales, but if you directly buy a store and operate it yourself, the store income from long-term holding should not be low. In this aspect, we must not insist on Then use the idle funds for acquisition and investment, and simply divide the company's business into three major parts: home appliances, retail, and investment. When you make money, you can also acquire peers in the home appliance manufacturing industry, and use the funds in research and development to form a benign cycle."
As soon as Su Yehao finished speaking, she blinked and asked curiously: "Isn't this great? What's wrong with it?"
"I didn't say there was a problem. Even if the two major sectors of home appliances and retail are destroyed, I will have the opportunity to bring them back to life through investment business."
Su Yehao picked up a piece of pork belly with a browned skin, sprinkled it with dipping sauce and put it in his mouth. He added: "The general direction is easy to plan, but what worries me is how to implement it. After my father's financing is completed, there will definitely be different opinions within the company. Therefore, I want to hand over the home appliance and retail business to knowledgeable talent management. I will personally take charge of the investment aspect, and the right to speak must be in my hands."
Ever since I got involved in business, I have become accustomed to being lazy.
Compared with honestly doing industrial business, achieving profits through investment is Su Yehao's advantage.
This morning I was still thinking about how to focus on R&D and production. After seeing the embarrassing situation of those companies in the afternoon, I suddenly felt that something could be saved.
Developing with the help of profits from selling products is time-consuming and labor-intensive, and we have little experience yet.
But if a new department is established to invest money specifically, Su Yehao is even sure that within three to five years, he will earn enough profits to acquire Toshiba's home appliance business as a whole.
In this way, it is also helping Midi Group develop its home appliance business, and it is more efficient and more convenient. So why do we have to dig into the corner and focus on the home appliance manufacturing industry itself?
Rather than learning other people's business models, Su Yehao still likes to develop at his own pace.
The domestic home appliance manufacturing industry is still in the imitation stage, and copying mistakes are often made. The product quality is so-so, but the price is cheaper.
This is not a deliberate belittling, the current situation is such that we have to admit it.
Under the current situation, it is much easier to find ways to acquire other leading peers than to conduct independent research and development, and there is a chance to achieve overtaking in corners.
Look at projects such as TAT and TOT. They are growing step by step through investment income.
In the almost blank market in the mainland, it can be said that 95% of the current instant messaging market has been captured by Su Yehao, and the rest is still waiting to be developed.
The benefits of being the first to eat crabs are obvious.
It went smoothly, no one was fighting for it, and the users were quite friendly.
There is no way, even if you think TAT is not good enough, where can you find a substitute? Moreover, TAT's functions are really good and are considered advanced in the world, especially the personal space function, which can be said to lead a new trend.
After slowly coming up with an idea, Su Yehao felt much better.
That night I went to Ginza again for a stroll. The streets were full of beautiful girls, which was a feast for the eyes. It seemed like all the beautiful women in Japan were gathered here. From time to time, you could meet a dazzling girl.
It's a pity that other people's families pay one share of public food, but now he has to pay three shares, which is a huge pressure.
It’s no wonder that Su Yehao has been restless in the past six months. He occasionally teases Jiang Yu and Zhao Yimeng, and only dares to have fun with it...