Two hours later, as the plane landed, Lu Feng saw this city with a good history. It was not yet an important city and the infrastructure was average.
We need to wait and see that after more than 20 years, this will be the emerging place for science and technology.
Mr. Jiang has been busy these days and really doesn't have time to pick him up. He has students all under him. In the end, Lu Feng asked for an address and took a taxi there.
On the way there, Lu Feng chatted with the master. Nowadays, Mandarin is not that popular and the local dialect is not very understandable. Lu Feng exchanged a few words and simply stopped talking.
"It's unwise for you to bet everything on VCD, in terms of business investment risks." Feng Zhiyao seemed to want to express his opinion.
"Don't tell me what you're talking about. An international student has already told me this. You don't need to repeat it. I can confirm that VCD is the breaking point this year." Lu Feng said solemnly.
"But this explosion takes time. I have studied product curve charts. There is no straight-line jump. It takes time to gradually climb. The comprehensive time is...is..."
"Three point seven, didn't you pay attention to the lectures in class?" Lu Feng glanced at him.
"How do you know?" Feng Zhiyao asked in surprise.
"Listen to what others said, I'll squint for a while and stop talking." Lu Feng yawned and leaned back and stopped talking.
According to the sales volume of VCDs in the previous generation, there were 1.4 million units in the first year, and the sales volume of home theaters this year was more than 1.6 million units, and the sales volume of LD video disc players was 1 million units.
The domestic consumption potential is there. The starting price of a machine that plays video tapes starts at 3,000 yuan, and some even go up to 10,000 yuan. With an ordinary person’s monthly salary of 200 to 300 yuan, it is so expensive, and it is not a strictly needed product.
Being able to sell millions of units shows how much money one has.
Everyone has different experiences and has different views on this era. There is a saying that what you see is what you get. In Lu Feng’s memory, he was poor in the 1990s. He wore plastic sandals that cost five yuan a pair and cost 20 yuan a pair.
Money can buy a very good coat, but current consumption power tells Lu Feng that not everyone is like this.
If we go by the sales volume in the previous life, the profit generated by the sales of more than one million units is not enough to support Jiafeng Electronics. There were two key factors for the low sales volume at that time, one was the lack of sales channels, and the other was the high price.
Initially, a video player could be sold for 5,000 yuan. In some places, it was even popular and sold for around 8,000 yuan. It once became a luxury product. If the market is hot, it will attract pirated copies.
In the previous life, Wanyan Company was founded by Jiang Wanmeng. From its research and development in 1993 to 1996, Wanyan's VCD market share fell below 3%.
High prices will bring profit margins for piracy and assembly. Lu Feng learned this case in a business class in his previous life. The patent rights were lost, the market was lost, and the collapse of the commercial market was caused by an engineer.
"We're here!" the master shouted.
Lu Feng opened his eyes and felt like he was just waking up from a dream. He looked at the hotel next to him and took out the money from his pocket and handed it to the master, saying there was no need to look for it.
"Wait!" the master shouted as he got out of the car.
"No need to look for it." Lu Feng waved his hand while holding the suitcase.
"No, the money is not enough."
Lu Feng touched his pocket again. He originally wanted to take out ten dollars to show off his generosity, but instead he took out one dollar. He hurriedly handed the money over and said there was no need to change it.
In the hotel, Mr. Jiang had already booked a room. Lu Feng said the room number and went upstairs. In the elevator, Lu Feng looked at Feng Zhiyao and said: "During this period, when there are other people present, you don't want to talk too much."
Talk, you know?”
"Why can't I speak?" Feng Zhiyao was a little dissatisfied.
"Either you listen to me, or you leave now. Also, who and what I say you are is what you are. You have to cooperate, understand?" Lu Feng looked at him and said.
"Didn't you say you were here to help your brother?" Feng Zhiyao asked doubtfully.
"yes!"
"why?"
"There are so many whys, you have a hundred thousand whys, remember one thing, be obedient." Lu Feng patted him on the shoulder, the elevator door opened, and the two of them stepped out.
After entering the room and putting everything down, Lu Feng picked up the room phone and called Mr. Jiang.
"Mr. Jiang, I have brought people here and they have already checked into the hotel."
"Thank you for your hard work. I'm really too busy. I'll go over right away. I've booked a hotel. It's the best in the area. Let's have dinner together tonight." Mr. Jiang said politely.
"It's okay. You go about your business first. I can tell you that there is nothing wrong with you. We won't talk about that. You go about your business first!" Lu Feng said politely.
"I've finished my work. I'll be there in a moment. Let's have afternoon tea or coffee?"
"It's all fine, guests do as they please."
After saying a few more words, Lu Feng put down the phone. He was very relieved about himself and was afraid that something would go wrong with Feng Zhiyao, so he went to the next room to settle down for a few more words.
Half an hour later, Mr. Jiang hurried upstairs, walked to the door of Lu Feng's room and knocked.
The door opened and Lu Feng looked at the person in front of him. He looked very haggard after not seeing him for a while, and he hadn't shaved his beard. It was obvious that he was very busy.
"Come in, come in." Lu Feng looked at him and teased: "Mr. Jiang is becoming more and more manly. I'll call some powerful people over for you."
Lu Feng knocked on Feng Zhiyao's door and said politely: "Mr. Feng, Mr. Jiang is here and wants to see you."
Feng Zhiyao opened the door and saw the shock on Lu Feng's face.
Lu Feng forced a smile towards him, but there was a threat in his eyes, and said: "Mr. Feng, please!"
Feng Zhiyao was still confused and had been invited to the next room. Mr. Jiang was stunned when he saw such a person coming. He looked at Lu Feng and asked, "Where is the team?"
"Mr. Jiang, don't look at this boss who is so young. He can support a team by himself. I finally hired a genius from Hong Kong and the future helmsman of Sun Hung Kai. At the age of five, he won the Children's Mathematical Olympiad global championship.
He graduated from high school at the age of two, graduated from Harvard at the age of fifteen, and was studying for graduate school at the age of seventeen. At the same time, he started running his own company, especially short-term investment, and set the fastest record, earning nine million in three minutes. He is known as the fast man in the stock market."
Feng Zhiyao was stunned.
He now understood why Lu Feng had asked him to shut up as much as possible.
"It's not over yet. Mr. Feng has mainly worked in international consulting companies, law firms, and financial institutions for many years. He has participated in many mergers of large international companies, including the acquisition of a subsidiary of Alstom and some acquisitions of General Motors.
Served as financial advisor, legal advisor, etc. in the case.”
Feng Zhiyao couldn't bear it anymore, took a deep breath and said: "That's right!"
"You are such a young talent. I used to feel very satisfied that I could achieve what I have today at the age of thirty. But since I met Mr. Lu, I feel like I am nothing. Sit down, sit down." Mr. Jiang said politely.
Feng Zhiyao was a little unsure, so he sat down and said, "If you don't believe it, you can go check it out."
Lu Feng glanced at him. He really thought that people would believe whatever he said. They would definitely check. They only needed to find out that he was really an overseas student who graduated from a prestigious school and was the young master of Sun Hung Kai. There was no need to check other things. Moreover, these two
Articles are the easiest to check.
"Let me give you a hundred letters from the person introduced by Mr. Lu." Mr. Jiang nodded frequently and said: "Now that the person has arrived, they have negotiated a lot of contracts. The money cannot be negotiated, including the company's equity and patents.
In terms of rights.”
Lu Feng looked at Feng Zhiyao and found that he was silent.
Feng Zhiyao looked at both of them looking at him and coughed.
"Mr. Feng, just tell me if you have anything to say. These are all our brothers." Lu Feng looked at him with a smile and thought to himself, don't you usually show off how much you have learned from textbooks, but at the critical moment you didn't say a word.
"Since I am asked to say it, I will say it. First of all, the market is the local market, and the technology patent belongs to Mr. Jiang. They only provide money. According to conventional investment science, on the surface, they are very risky.
There is actually very little inherent risk.”
"They must have learned a lot about the mainland market. Since it is a benchmark video tape, they must know the current video tape market and growth rate. The US$17 million is not to buy patent rights, but to acquire land and build factories.
, open up channels, it’s all about money.”
"Even if we lose money, these are heavy assets that can be sold. What's left is the patent rights. The value of technology patents is priceless. Let's talk about the simplest formula of Coca-Cola. If Pemberton didn't
Instead of selling admiration through patent licensing and cooperative development, how much money will his descendants make?"
"Seventeen million US dollars seems like a lot, but in fact the risk is very low. For them, it is a business where they can only make a profit without losing money. Once the market breaks out and subverts the video tape market, it will be a return rate of ten times or a hundred times. I
I think the model of patent licensing and development cooperation is the most beneficial to you." Feng Zhiyao said very proudly: "If you authorize him for ten years, the sales will be good, and you will take it back after ten years. If the sales are not good, you will not lose much."
"That's so well said." Lu Feng took the lead in applauding.
Mr. Jiang thoughtfully nodded and said, "But the other party won't talk about this now. New technologies have market risks."
"You can give it to your good brother!" Feng Zhiyao patted Lu Feng on the shoulder and said, "Cheat him."
"Let's talk first. I'll give you the bottom line. It would be best if we could cooperate in this way." Lu Fengqian conceded.
"Then I'll talk to them tomorrow and follow this to see if they can answer. The main thing is that there is another question. I actually don't want to cooperate with them anymore. These people are not easy to talk to."
Mr. Jiang looked a little embarrassed.
"what is the problem?"
"These people approached the municipal government and said they wanted to build a VCD production base here. The municipal people have approached me many times, offering various jobs and various discounts." Mr. Jiang sighed.
Lu Feng's heart skipped a beat and he said to himself, Trouble!