Chapter 280 The Rong brothers are going to jointly open a company with Mr. Yang!

There are now one billion people in the country, and there will be more than one billion in the future. It stands to reason that this is a very huge market.

Yang Ming knew that with the current domestic consumption level and income, not many families could afford ordinary black and white TVs and radios. An arcade game console costing US$6,500 was only affordable for high-income families in Xiangjiang.

The Rong brothers actually want to sell such expensive arcade machines to China?

"Mr. Rong, the arcade machines of Empire Games are too expensive. Can they be afforded by the income level of the mainland?"

"Mr. Yang, the income level in China is very low now. However, in some big cities, like Yanjing, Shanghai and other places, there are still people who can afford arcade machines like this."

Yang Ming still felt strange when he heard it, even if he could afford it.

Can sales reach 1,000 units?

How much can one thousand units be sold for?

How much will it cost to sell it to the mainland?

Compared with those ordinary electronic products, imported to the mainland for a few dozen Hong Kong dollars and sold for two to three hundred dollars, many people still buy them. Isn't the profit higher?

"We three brothers have discussed that we will form a partnership with Mr. Yang. Mr. Yang will get 40% of the shares, and we three brothers will get 60% of the shares. Among them, we don't have much in terms of principal. We have local sales licenses. In addition, the three of us will get 60% of the shares."

The brothers are responsible for the management.”

When Rong Zhijian thought he was taking advantage, Yang Ming showed a fox-like smile.

However, at US$6,500 per unit and nearly HK$35,750 per unit, Yung Chi-kin’s HK$1 million can only be used to purchase 27 game consoles.

Why does the other party have to cooperate with him?

They all grew old, sick and died in poverty.

The poverty in my hometown means that I can't even eat enough. When I get sick, I can only gradually leave this world in pain.

He and his two cousins ​​had been discussing this plan for a long time. They had been unable to lose face and were afraid of being rejected by Mr. Yang. Until now, when Mr. Shen and Secretary Zhang went south, he happened to accompany them here, so he didn't want to do it again.

It was a waste of time, so I raised this matter with Mr. Yang.

Now it seems that the Rong brothers feel like they are empty-handed.

"Mr. Yang, our three brothers from the Rong family have provided one million Hong Kong dollars as the company's operating capital. In addition, we three brothers are also responsible for the management, as well as the mainland sales certificate. We want to represent Empire Games Company's domestic games, but

"We only have 1 million Hong Kong dollars and can't spend more money. In the early stage, we hope to get 100 game consoles with zero deposit. After we sell them and earn the money, we won't have to pay debts in the later stage."

Because the Rong family will soon establish a very huge group company!

"Thank you Mr. Yang for your trust and support." Rong Zhijian said hurriedly.

In the 1950s, 1960s, and even the 1970s, the average life expectancy in China was very low.

"Let's leave it at that. I'll have someone contact you when the time comes."

"Mr. Yang, I understand."

Rong Zhijian guessed that his greatest advantage was actually the relationship and status of his father.

For example, when purchasing arcade machines from Empire Games Company, not only do you have to pay a deposit, but you also have to pay the full price. Yung Chi-kin's 1 million Hong Kong dollars can't buy many arcade machines at all.

Because a lot of people are begging him.

"When we were in Yanjing, your father took good care of me, and your cousin Tang Yun worked for me. Of course we can cooperate. However, you know the situation in the country better than I do. Even if you get hundreds of game consoles

, if it can’t be sold in China, it will still have to be sold elsewhere.”

Yang Ming went down from the study room on the third floor to the second floor.

Yang Ming knew that just relying on the Rong family's mainland sales rights, no matter what business they do, it will be purely profitable. However, it is difficult to say in the next few years. At least in the first few years, it will be very profitable.

Setting up a company involves not only purchasing products, but also other expenses.

When he knocked on the door and went in, he saw his father smoking there.

This is indeed a bit of a blank slate.

They wanted to set up a joint-stock company with Yang Ming. Yang Ming would take 40% of the shares, and the remaining 60% would belong to the three brothers of the Rong family.

Rong Zhijian looked at Mr. Yang with some expectation and some fear, thinking that Yang Ming was unwilling to cooperate with him.

The Rong family is different after all.

That is to say?

"finish watching."

If the conditions in his hometown were good, Yang Jirong knew that even if his grandparents were gone, his parents and uncles would still be alive.

The value of these 100 game consoles is already US$650,000, equivalent to HK$3.575 million.

In Yang Ming's opinion, this was money given to him by the Rong family.

"Mr. Yang, do you agree?" Rong Zhijian asked in disbelief.

"Daddy, have you finished reading?" Yang Ming came in and asked.

In addition, not only do I need to buy arcade machines, but I also need to pay for company management, etc. This 1 million Hong Kong dollars is completely insufficient.

He has already been mentally prepared.

Obviously, later on, there were many reselling companies like the Rong brothers in China that sold rights in the mainland. Naturally, the business became difficult, and the Rong brothers had no choice but to sell the company.

"Forty percent of the shares is neither more nor less. How do you want to cooperate?"

Yang Ming understood immediately.

Even if he had the legal privilege of selling in the mainland, Mr. Yang would not necessarily give him face.

Yang Jirong's grandparents, parents, uncles and aunts who were relatively close to him are basically gone.

"Mr. Rong, 40% of the shares are fine. As for your desire to bring arcade machines to the mainland, let alone 100 units. As long as you can sell them, I will approve even 1,000 units."

This is why in history, after the three brothers of the Rong family made a lot of money by opening the Aika Electronics Factory, they suddenly sold it to the M company at a high price.

This is also a large sum of money, at least more than two million Hong Kong dollars higher than Yung Chi Kin's principal of one million Hong Kong dollars.

Rong Zhijian looked very happy.

Rong Zhijian left the study.

According to Yang Ming's situation, there is no need for him to do business as a joint venture with Rong Zhijian.

If you open a company with Mr. Yang as a joint stock company, and with Mr. Yang's consent, you can provide 100 game consoles to the joint stock company without paying a deposit, or even with full payment.

At that time, it will be impossible for Yong Zhijian to manage that small company anymore.

My father, Yang Jirong, is in the study and should have read the information.

At this moment, Rong Zhijian was really grateful that he came from the Rong family, and it was indeed much easier to do things.

In addition, it is also related to Yong Zhijian himself.

Yang Jirong has cried twice since he learned about returning to his hometown. This time, when he saw the detailed information about his hometown, he didn't cry again.

Look at the time.

Under such circumstances, with only the Rong family's 1 million Hong Kong dollars in capital, they really don't have the strength to represent domestic game consoles.

With Mr. Yang's current status and strength, how many people want to cooperate with him?

At first, he thought the other party was trying to capitalize on his fame.

Yang Ming didn't pay much attention to this little money.

He was still a little uneasy just now.

The most valuable thing for these three brothers is of course the Mainland Sales Rights Certificate, which means that they can legally sell the game consoles of Empire Games to the Mainland.

...

Yang Ming said nothing more.

"Daddy, how long do you plan to return to your hometown this time? Is it a week? Or half a month? Or a month?"

How long it will take to go back is not only a matter for Yang Ming's family, but also related to the above. These must be arranged in advance.

"Peter, I haven't been back for a long time. When I go back this time, I want to spend the Spring Festival with my relatives in my hometown before returning to Xiangjiang. I know you are very busy, so you can go back to Xiangjiang in advance. Your mother and I will still stay here.

Home."

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