Rebirth in 1989: Building a Chinese Technological Empire

After a busy period, Luo Xiangyu finally felt relieved after waiting for the people from Wal-Mart and Best Buy to leave.

Really, this is actually true.

A Chinese company really exported electrical products worth 180 million US dollars to the United States. Such an order is definitely the first time in Chinese history.

"Mr. Xu, can I go to your factory to take a look?"

Luo Xiangyu looked at Xu Dabao and asked. At this moment, he had a strong curiosity about this company.

"Director Luo, of course. We at Huasheng Electronics warmly welcome Director Luo to visit and guide..."

Xu Dabao's words made Luo Xiangyu laugh.

Without delay, Luo Xiangyu led everyone to follow Xu Dabao directly to Huasheng Electronics Factory. Now not only Luo Xiangyu, but also Zhang Yuancheng and others were super curious about Huasheng Electronics Factory.

What kind of company is this? Why haven't I heard of it before?

When the group arrived at Huasheng Electronics Factory and the car entered Huasheng Electronics Factory, Luo Xiangyu became even more curious.

It looks like this is a very ordinary electronics factory, with a small area. It looks like some other small factories in Shenzhen, nothing special.

Everyone got off the car, and Xu Dabao brought Xu Huasheng to Luo Xiangyu.

"Director Luo, let me introduce you again. This is not my translator, but my son Xu Huasheng, who is also the product director of our company. The air fryer was designed by my son. In fact, this business is mainly responsible for my son. My son is a top student of Yanda University. MIT also applied for a scholarship for him to study abroad, but he didn't go..."

Xu Dabao introduced to Luo Xiangyu, his face full of pride. As a parent, who wouldn't be proud to have such a son. All parents in the world expect their children to become successful.

After listening to Xu Dabao's introduction, Luo Xiangyu instantly became curious about Xu Huasheng.

"Director Luo, hello..."

Xu Huasheng said with a smile, acting generously.

"Xiao Xu, yes, Mr. Xu, you gave birth to a good son. By the way, can I go see your air fryer? I'm very curious now, what kind of product can make Americans rush to buy it?"

Luo Xiangyu said with a smile, which made Xu Dabao and Xu Huasheng laugh.

"Director Luo, of course, please come this way, let's take a look at our factory first, and then look at the products, this is our factory..."

Xu Huasheng said with a smile, and Luo Xiangyu laughed when he saw Xu Huasheng's attitude. At this moment, he had already seen that Huasheng Electronics was really decided by the young man in front of him.

Under the leadership of Xu Huasheng, Luo Xiangyu began to visit the Huasheng Electronics Factory. Seeing the production workshop, Luo Xiangyu couldn't help frowning.

"Xiao Xu, can your factory scale guarantee the supply of products for foreign companies?"

Luo Xiangyu asked directly.

"No..."

Xu Huasheng shook his head directly, which made Luo Xiangyu's expression instantly become ugly.

"So, Director Luo, I have to trouble you a little bit. What is the biggest advantage of our country? Of course, it is our excellent system. We can coordinate production. It doesn't matter if I don't have a factory. Other companies do. Director Luo, there should be many factories in our country that don't have orders and are not very profitable, right?"

Xu Huasheng's words made Luo Xiangyu's face ease. He looked at Xu Huasheng curiously, waiting for Xu Huasheng's next answer.

"Director Luo, this is actually very simple. We at Huasheng Electronics will subcontract the orders we receive. We have listed the specifications and process requirements of all the parts. This is a large order of 3 million units. There are so many idle factories in our country. Let's coordinate and see what kind of work those factories can take. Those who can make shells can make shells, those who can make buttons can make buttons, and those with more people can do assembly. As long as they follow our standards, it will be fine. As long as the products they produce meet our standards, then we at Huasheng Electronics will give them money. Director Luo, with an order of 3 million, even if we only produce screws, 3 million sets can make a lot of money, although we can't make a fortune, but it shouldn't be a problem to pay employees for a few months?"

Xu Huasheng looked at Luo Xiangyu with a smile on his face. There are too many companies in the current domestic recession. Many local companies really can't even pay their employees' wages. This is the reason that led to the subsequent large-scale layoffs. This is not caused by policies, but by the market.

Xu Huasheng's words made Luo Xiangyu understand. Why does this sound like a trick?

The money was paid by Wal-Mart and Best Buy, and the products were produced by other companies. It seems that Huasheng Electronics Factory did nothing but develop a product and made money without doing anything.

"Why does it feel like they are getting something for nothing?"

Luo Xiangyu couldn't help but sayXu Huasheng was anxious when he heard this.

"Director Luo, how can this be called making money out of nothing? We have products, and they are exclusive products developed by ourselves. This model is called OEM model. This is very common abroad. Many large foreign companies are only responsible for product research and development, and the developed products are handed over to professional OEM factories for production. This is the same as multinational companies building factories in our country..."

Xu Huasheng's words made Luo Xiangyu nod his head. Yes, this model is indeed very common abroad.

"Director Luo, only companies that master core technology can really make a lot of money, just like our air fryer. We have core technology, and Walmart and Bestma are willing to pay first. And the OEM factories below, Director Luo, do you believe that they are also willing to OEM for us, and even advance the material money..."

Xu Huasheng asked with a smile, which made Luo Xiangyu stunned.

"How is this possible? They are so poor that they can't even make ends meet. How can they afford to pay for the materials?"

Luo Xiangyu couldn't help but say. He knew the situation of many factories below. They were so poor that they couldn't afford to pay for the materials.

"What if I settle the bill with US dollars?"

Xu Huasheng had a sly smile on his face. When he said this, Luo Xiangyu's eyes were slightly resentful.

This little guy in front of him was really cunning. If Xu Huasheng settled the bill with US dollars, the nature of the order would be different.

This turned from a production task into a political task, which was completely different in nature.

"Director Luo, I will settle the bill for them directly in US dollars. As long as they can produce qualified samples, we can sign a supply contract. With a supply contract, they can earn US dollars. It shouldn't be a problem for them to take the contract to the bank for a loan?"

Xu Huasheng was full of smiles, and the beads on the abacus were clacking. Luo Xiangyu looked at Xu Huasheng and had to admit that this little guy Xu Huasheng really held the lifeline of domestic enterprises and understood domestic policies thoroughly.

There is no problem with this set of procedures.

Local governments will definitely pay special attention to orders that can earn foreign exchange. As long as Huasheng Electronics signs a contract with the enterprise, it will be easy to deal with no money. At that time, there will be absolutely no problem to take the contract to the bank for a loan.

In this way, Huasheng Electronics will have no financial pressure at all.

The parts factory will advance the production of parts, and the assembly factory will advance the production of products. When the products are delivered to Walmart and Best Buy, the next deposit will be received, and then Huasheng Electronics will use the first deposit to settle with other factories.

Luo Xiangyu looked at Xu Huasheng with a different look, but he didn't say much. Instead, he was thinking about how to help Huasheng Electronics complete the order as soon as possible and put the money in his pocket to feel at ease.

"Director Luo, this is our air fryer. Its principle is actually very simple..."

The group finally came to the exhibition room, and Luo Xiangyu finally saw the air fryer.

A row of beautiful air fryers in various colors.

Beautiful appearance, exquisite workmanship, and high-end at first glance. Just this appearance made Luo Xiangyu nod his head. Whether a product is easy to sell or not, the appearance is actually very important, especially for this kind of home appliance products.

Look at this appearance design, just an appearance design is enough for domestic companies to learn.

"Director Luo, we have registered patents for air fryers around the world, forming a patent barrier. The patent protection period is 20 years. During these 20 years, no brand can produce air fryers without our authorization. Director Luo, the 3 million orders are just the beginning. Once this product becomes famous, North America alone may have tens of millions of units. If we add Europe, Japan, South Korea and other countries, 20 to 30 million units are also possible. Director Luo, such a large order volume, if we rely on ourselves alone, it may take a while to deliver..."

Xu Huasheng's words made Luo Xiangyu's heart almost jump out.

30 million units, 60 US dollars each, how much?

1.8 billion US dollars.

"Director Luo, this is still the annual sales volume."

Xu Huasheng increased the stakes again, and Luo Xiangyu was almost unable to stand.

1.8 billion US dollars per year, is it possible?

Don't say 1.8 billion, 180 million US dollars per year, in Luo Xiangyu's view, it is a big pie in the sky.

With so much money every year, if Huasheng Electronics adopts the OEM model, how many people will benefit from it? How many factories will survive because of this? How many people's lives will be changed because of these orders?

Thinking of this, Luo Xiangyu's heart almost couldn't be controlled. He wanted to organize the factory now and quickly produce these products.

Looking at Luo Xiangyu's expression, Xu Huasheng laughed and prepared to give Luo Xiangyu another super kill, if I don't take down this big guy today, I won't be called a big liar.

"Director Luo, our company has a product that is even more powerful than the air fryer. I wonder if you are interested in taking a look?"

Xu Huasheng looked at Luo Xiangyu and released the ultimate move.

"There is an even more powerful new product? Really?"

Luo Xiangyu stared at Xu Huasheng with wide eyes, and the expression on his face could not be held back at all. There were too many surprises today, and his little heart really couldn't bear it.