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Chapter 534 Super Prodigal?

Chapter 534 Super Prodigal Son?

As early as half a month ago, all the electronic components on the Shenzhen market were sold out.

Many people think this is the handiwork of SEG Electronics. Even Chen Fan and Wang Dafa believe that the current shortage of electronic components and materials in the Shenzhen market is caused by their secret hoarding.

They were still complacent, really thinking that they had wiped out the electronic component materials on the market in only half a month, but little did they know that Xingyao Technology had a share of the credit.

Star Building.

Chu Tianyao's office.

"What?

We have stockpiled 10 million raw materials?”

David Yu looked at Chu Tianyao in front of him with an expression of disbelief.

"Lao Hu and I have always been in charge of purchasing. Why didn't I know about this?"

David was a little confused.

After all, there are tens of millions of orders, and such a large-volume purchase may not be completed in a short time.

"I asked Hu Zhibiao to do this half a month ago. We have integrated so many copycat factories in Guangdong Province, and the production raw materials required are ten times that of other factories. Just relying on the order volume you signed, we can only

It’s enough for our factory to produce.”

"Then you don't need so many, right?"

David Yu asked rhetorically, 10 million production materials are enough for Hu Zhibiao and the others to use for at least half a year.

"It's better to take precautions before things happen. Nowadays, the small and medium-sized electronics manufacturing industry in Shenzhen City is developing rapidly. A shortage of raw materials will happen sooner or later. Moreover, there is a huge demand for Xingyao VCD in the market. If we want to completely establish a foothold in the southern market, we must

These are all preparations that must be made to increase production in a short period of time.”

Chu Tianyao explained to David Yu.

If he hadn't had the foresight to let Hu Zhibiao scan the market in advance, the suppliers that David cooperated with alone would not be able to satisfy the rapidly expanding VCD production line.

At this juncture, they had no choice but to seek help from SEG Electronics, just like other electronic companies, and were choked by others.

"Since we don't have a crisis of shortage of production raw materials, then why do you keep urging me to discuss cooperation with SEG Electronics... By the way, speaking of which, you have been missing these days. Are you working on another big project?

.”

David Yu looked at Chu Tianyao curiously and asked.

Since his defeat under Wang Dafa, David Yu has shifted his focus and taken charge of Chu Tianyao's newly formed marketing team, while Chu Tianyao is personally responsible for all SEG Electronics business.

"It's not a big project. SEG Electronics wants to build an electronic product trading market. I plan to invest in it."

Chu Tianyao said it casually, but these words made David Yu's face froze.

"What project are you talking about?

SEG Electronics hasn’t been developed for several years, so why invest in it?”

David Yu was a little puzzled. He obviously knew about the Huaqiangbei Electronic Products Trading Market, but he never thought that Chu Tianyao would invest in this project that even SEG Electronics could not build.

"How much are you going to put in?"

David Yu stared at Chu Tianyao and asked.

He knew that Chu Tianyao usually did not make decisions easily. Since he planned to invest in this project, I am afraid that the amount of capital invested would not be less than a few million.

Sure enough, after hearing David Yu's words, Chu Tianyao stretched out five fingers.

"five million!"

David Yu frowned slightly, but in the end he had no choice but to pick up a glass of water on the table and said: "Okay, anyway, your family has a big business now, so you don't take these millions seriously anymore."

Reminiscent of Chu Tianyao's various "wasteful" behaviors before, David Yu felt that five million was already relatively acceptable.

Even if he thinks this project will be ruined sooner or later, he also knows that once Chu Tianyao decides, outsiders cannot easily convince him.

"It's not five million, it's fifty million!"

In the office, Chu Tianyao's voice suddenly sounded.

"Cough...cough!"

David Yu was still holding a water glass in his hand, and the sip of water he just swallowed instantly made him choke and cough several times.

Blushing slightly, David Yu quickly slapped the table, glared at Chu Tianyao in front of him and asked, "Fifty million?

Did I hear you right? Are you crazy?"

Even David was a little uncontrollable at this moment.

Fifty million, this is definitely not a small amount of money even for Xingyao Technology, which has been making a lot of money recently.

Moreover, Xingyao Technology is currently undergoing vigorous expansion, and there are still many areas where money is needed. The gambling agreement with Ericsson has not yet been completed. Chu Tianyao turned around and spent another 50 million.

spendthrift!

At this moment, David Yu only had these three words to evaluate Chu Tianyao in his heart.

No, even ordinary prodigals are not as powerful as Chu Tianyao. This guy is simply a monster who doesn't regard money as money.

"SEG Electronics has not found anyone to cooperate with this project before, but without exception, all partners rejected their requests. Anyone with a discerning eye knows how it is possible for SEG Electronics alone to support such a large project."

David Yu looked at Chu Tianyao with confusion. This time, he said no matter what, he planned to stop Chu Tianyao's prodigal behavior.

"Do I know what you are talking about?"

Before David could say another sentence, Chu Tianyao said with a smile.

"Knowing that you still jumped into the fire pit?

This is fifty million, not five hundred yuan!"

David Yu spoke resolutely, crossed his arms and said: "I don't agree with this matter. I think the board of directors must be convened and we can discuss it again."

"Board of Directors?"

Upon hearing what David said, Chu Tianyao couldn't help laughing.

"There are only three shareholders in our company now. Let's not talk about whether Lao Du will oppose me. Just saying that the equity of the two of you combined is not as much as mine. Holding a board of directors is just a waste of time."

Chu Tianyao's words made David almost vomit blood. Seeing that Chu Tianyao had made up his mind, he still reluctantly advised: "Old Chu, why don't you think about this again?

Fifty million is not a small amount. Even if the company raises money, it will take time. Besides, SEG Electronics is just an empty frame. If it weren't for the support from above, Chen Fan and the others would have finished their business long ago."

What David Yu said is not alarmist. In fact, SEG Electronics has not made any big achievements in recent years. The reason why it is still standing and developing to this day is, to put it bluntly, thanks to the support from above.

Who lets others have a background?

"You are right, so I am going to sign a contract with SEG Electronics this afternoon. From now on, we will hold 30% of the shares in the Huaqiangbei Electronic Products Trading Market project."

Chu Tianyao stood up, looked at David Yu who looked excited, but smiled and patted his shoulder and said.

"After all, it's easy to enjoy the shade under a big tree. I don't need to tell you this. You should also understand that the strength behind SEG Electronics is not as simple as you think."

After saying that, Chu Tianyao walked out of the office without paying attention to David Yu, who looked dull.


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