In the evening, Zheng Yaoyang's plane had just landed when he received a call from Li Jiacheng, asking if his trip to the capital was going well.
More than 10% of the income belongs to him, all in cash, and he can't calm down even if he wants to.
After all, the income includes the principal of nearly 8 billion Hong Kong dollars. If he had this money in an instant, it would be enough for him to acquire several pieces of land, build several buildings, and increase the market value of the company.
Zheng Yaoyang sat in the car and motioned to the driver to stop driving. He smiled and said, "Lao Li, why are you so anxious? Are you short of money recently? How about I lend you some?"
"Everything seems to be going well."
Li Jiacheng had a dark face because his title changed from Uncle Li to Lao Li. Zheng Yaoyang started to babble again, which showed that the trip to the capital was going well.
Zheng Yaoyang changed the subject: "It will take about a week for me to withdraw the London Gold funds. By that time, the funds from the mainland will have basically arrived."
"When everything is ready, I will ask Qiao Peizhi to send you invitations. Remember to come over for the spoils-sharing meeting."
"You, you just can't spit out ivory from a dog's mouth." Li Jiacheng hung up the phone angrily.
Zheng Yaoyang listened to the busy tone on the phone with a bright smile on his face.
If he weren't a competitor, Lao Li's character would still be very cute. At least he wouldn't rely on his elders to show off. Among the big guys, he was the only one who could quarrel with Zheng Yaoyang.
The driver asked: "Where is the boss going?"
"Well, let's go to Yau Tsim Mong first, and then go to the directly-operated store in Central to have a look."
Zheng Yaoyang felt very sorry for not being able to host the afternoon press conference and letting Lin Defu steal the spotlight.
He planned to go to the Mil Direct Store to see how the market responded to the new phone being released today.
Some people always think that MiLi mobile phone is very crude, but once it is replaced with Mil technology, it suddenly becomes superior.
A press conference for the new phone will be held today, and it will open for sale at 9 a.m. tomorrow, with a sales limit of 2,000 units.
Regardless of the three Yau Tsim Mong stores or the two directly-operated stores in Central, long queues have begun to form at the door.
Zheng Yaoyang glanced at it for a few times, with a satisfied smile on his face, as if he would feel like a new Apple machine will be released in the future.
In this life, Apple should just keep making PCs. They should not get involved in the smartphone market. Zheng Yaoyang is not Nokia, so they will not be allowed to take advantage of it.
After walking around Yau Tsim Mong and Central twice, Zheng Yaoyang finally came to the Science and Technology Port on the lower left side of Xiangjiang Island.
At around eight o'clock in the evening, the factory area of Science and Technology Harbor was still brightly lit, and countless workers were working overtime in the factory.
The most prominent 22-story headquarters building is about to reach its topping out and is expected to take four months to complete.
When the third phase of the Cyberport project is completed, we can start building deep-water terminals and related commercial facilities.
It would be too wasteful and useless to build a factory with a total area of 24 hectares of land. Although Zheng Yaoyang did not intend to engage in real estate, he did not reject it.
He talked to Lin Defu on the phone and came to the mobile phone production workshop and saw him talking to the production director.
Zheng Yaoyang stood aside and listened for a while, mainly focusing on issues related to production capacity and production lines.
PHS has not been abandoned by the Hong Kong market, but demand has surged due to the launch of 2G mobile phones.
The price of a PHS is HKD 5,599, which is neither high nor low.
Previously, many potential buyers wanted to wait and see if the price would be reduced when 2G mobile phones were released.
As a result, the party was completely defeated. The price difference between the two phones was as high as 3,700 yuan, and they only added text messages and some fancy little functions.
Some people think that communicators are only used for making calls and do not need so many fancy functions.
Such as text messages, phone books, calculators, flashlights, etc., before there were mobile phones, this was not what everyone used to do.
There is no need to pay a premium for these features.
Therefore, at the end of the 2G mobile phone launch conference, the PHS inventory in the five directly operated stores in Hong Kong was emptied, and some even went to Pengcheng Aomen to buy them.
The scalper market, which had been dormant for almost a year, has become active again. Instead of buying new 2G mobile phones, they are looking to buy PHS phones at a higher price.
Zheng Yaoyang blinked his eyes and couldn't believe it: "So, there is a long queue at the entrance of the directly-operated store, all for buying PHS?"
Lin Defu hesitated for a moment and said with a wry smile: "Probably not entirely, but about 60 to 70 percent."
This was also his misjudgment. He thought that the market for new phone sales would be very hot. In order to avoid the difficulties that PHS faced at the beginning, he changed 80% of the production lines to new phones one month in advance.
As a result, when the new machine was released, PHS's production capacity was still seriously insufficient. After hearing the news, Lin Defu hurried to the production workshop to discuss a solution.
Zheng Yaoyang touched his chin. New phones were released and old ones were more popular. This was the first time he encountered this situation.
"Recruit people, buy production lines, and expand production capacity again."
Lin Defu said hurriedly: "Mr. Zheng, we have expanded twice. If we recruit more people, we will become bloated."
In the past year, the number of employees in the Science and Technology Port Park has almost expanded. The current total number has reached 3,200, and the number of production lines has reached 18.
If full production is carried out in 24-hour shifts, 15,000 mobile phones can be produced every day, but so far the total sales of PHS are only 450,000.
There are too many employees and production lines, which makes it a bit bloated. If it is expanded again, it will become even more bloated.
The main reason is that in order to prepare for new machines, the company has no money in its account, and it needs to get money from Zheng Yaoyang for expansion.
The company's business is booming, and he still needs to get money from Zheng Yaoyang. Doesn't it make Lin Defu look incompetent?
Zheng Yaoyang said with a smile: "Let's expand. The markets in the Pearl River Delta and the Yangtze River Delta are about to open up. We don't have to worry about overcapacity in the short term."
Lin Defu was speechless for a moment and looked troubled: "Mr. Zheng, there are only more than 80 million left in the company's accounts."
If the markets in the Yangtze River Delta and Pearl River Delta were opened up, hundreds of millions of dollars would have to be invested, and his dream of self-sufficiency would probably be elusive.
Zheng Yaoyang asked: "How much debt does the company have now?"
Lin Defu said: "Bank of China's 500 million is for five years, HSBC's 700 million is also for five years, suppliers large and small are about 1.2 billion, and the total liabilities are 2.4 billion. By the way, there is also Defeng Group's 4.2 billion, which is about to be repaid. Already."
"So it's a debt of 6.6 billion? Then what is the valuation of our company?"
"The current highest price given by the market is US$2.3 billion, which is approximately HK$18.2 billion."
Zheng Yaoyang couldn't help but yell: "Which organization quoted the price? Are they blind?"
Lin Defu said: "It was the price quoted by Goldman Sachs last month, but now that we are developing 2G technology and selling 2G mobile phones, it should reach about 2.6 billion."
Zheng Yaoyang's face was as dark as the bottom of a pot, he hesitated to speak, and finally sighed: "Is there any difference between 20 billion and 18 billion?"
At the beginning, he was just playing around and copying. Now, Huanyu Group has gone through two market financings, and its market value has not fallen but has risen, and it is still hitting the 50 billion mark.
On the other hand, Xiangjiang Telecom and MiLi Technology have been working hard for more than a year, and the total investment will definitely not be less than 1.5 billion US dollars, which is not as high as the market value of Huanyu.
No wonder it is said that industry is difficult to develop. Everyone is engaged in real estate first, and then transitions to the financial market, without touching the real economy.
Lin Defu smiled bitterly and said: "They probably think that the market we monopolize is too small, and it is currently only limited to Hong Kong and Macao."
The mainland is a restricted area for capital and has little spending power, so it is not included in the statistics of financial institutions for the time being.
Zheng Yaoyang has recently offended the United States. There is a high probability that he will not be able to enter the European and American markets. Due to the influence of many parties, the company's valuation is only about 20 billion.
"No more financing, continue to get loans from banks. If you can't get a loan, just tell me and I will continue to invest."
Zheng Yaoyang's tooth aches. He remembers Goldman Sachs. This garbage will never let him raise funds in the future.
It’s not like he has no money, and he will never sell his shares at a low price at a valuation of US$2.6 billion.
Lin Defu asked cautiously: "Then how much are we going to borrow? Who will we borrow from?"
"HSBC, BOC and Standard Chartered can lend as much as they can. Anyway, subsequent investments in the Mainland will also cost money."
Zheng Yaoyang estimated that he could still borrow about 2 billion, which is about 50% of Goldman Sachs' valuation.
Although I hate to admit it, those financial institutions basically wear the same pants.