Volume 11 Wanmu Shuangtian is in full bloom Chapter 108 Mobile phone manufacturing
Xiao Jinfeng's introduction made everyone here feel excited.
The rapid expansion and development of Sanshu Hotel is based on good benefits. Whether it is first-tier cities or second-tier cities, the demand for economic chain hotels is in a booming stage. Xiao Jinfeng pays special attention when choosing a store address, either located near the main transportation route leading to the railway station and the airport, or is located in the neighborhood near the main commercial district. Economic hotels pay special attention to location selection, especially in the stage of market exploration.
The opening of each store can basically achieve a occupancy rate of 70 to 80% in a very short period of time. If the port is better, it is not surprising that the average occupancy rate reaches 90%. This is also Xiao Jinfeng's confidence.
According to the current situation, the Sanshu Hotel Management Co., Ltd.'s turnover exceeded 16 million yuan last year, with a profit of more than 6 million yuan. As the store exceeds 30 by the end of 1998, the total number of rooms has reached 3,600, and the turnover in 1998 is expected to double to more than 40 million yuan. In 1999, the turnover must be strived to achieve 80 million yuan, and by 2000, it must strive to achieve a turnover of 150 million yuan, which means that the turnover of Sanshu Hotel must double every year. Of course, to complete this task, it also requires a strategic layout of large investment in opening new stores every year.
Lu Weimin has always looked at the development of the three Shus with a rather calm attitude.
Although economical hotels have been accepted in China, their development potential has not been realized by most people, including the industry. How big is the growth space of hotels, which have deleted three-star hotels, mainly to provide simple and comfortable room service, is not recognized by many people. Even pioneers like Jinjiang Inn are still learning to enter this field, which is far less than the development speed of the three Shus. Xiao Jinfeng's words just said that they were just alarmist, deliberately reminding everyone here to pay enough attention. In Lu Weimin's memory, the rapid explosion and growth of economical hotels will not begin to reach a climax until 2003. Before that, they were still lukewarm and developed in accordance with the rules.
But now with the Sanshu Hotel, the butterfly flapping its wings, Lu Weimin could not predict whether the development of Jinjiang Inn will accelerate, whether economic hotels like Home Inn will join in advance. However, Lu Weimin felt that Xiao Jinfeng's sense of crisis planning ahead is exciting. It is absolutely not wrong to always set a goal and be the enemy. This will only make him dare not neglect and slack.
"Mr. Xiao, the benefits of Sanshu Hotel are indeed exciting, but Sanshu Hotel's investment in opening new stores is also eye-catching." Lin Ting is now the assistant general manager of Huamin Group, mainly responsible for investment and financial audits. Sanshu Hotel Chain Management Co., Ltd. is affiliated to Fenghua Industrial Group, and Huamin Group is also the major shareholder of Fenghua Industrial, so as the head of finance and investment of the major shareholder, she has to remind Xiao Jinfeng.
"This is inevitable. To put it bluntly, economical hotels are still in a period of wild growth in capturing the market and cultivating brand influence and customer loyalty. Whoever can take the lead can gain the advantage in future development." Xiao Jinfeng is no longer the former Wuxia Amon, and he is not polite to Lin Ting's doubts: "Fenghua Industrial's investment in Sanshu's chain hotel chain is actually not as great as everyone has seen. Sanshu's expansion and development in 1997 was mainly based on its own accumulation and loans, but this year is very critical. Sanshu's plan to make a relatively large stride in opening stores this year, so it requires a relatively large investment. I think this is understandable."
"But I heard from Mr. Lu that Fenghua is also preparing to make some moves in real estate development this year. In this case, how big is Fenghua Industrial's capital flow gap?" Lin Ting was not affected by Xiao Jinfeng's angry words, and still questioned very calmly.
Xiao Jinfeng was stunned.
Lu Weimin reminded him that after the formation of the new central government, there will definitely be some big moves, the most likely one is the commercialization of residential properties, which will bring an unprecedented development opportunity to the real estate market. In addition, the national industrialization and urbanization tide is slowly starting, and the next ten to twenty years will usher in a golden period of development of the real estate industry.
Fenghua Industrial’s duty is real estate.
Because the real estate industry was unable to move, Xiao Jinfeng was almost breathless. Xiao Jinfeng was bored and fell in love with Sanshu Inn and the current Sanshu Hotel chain.
To date, Fenghua Industrial still has a developed market, an undeveloped piece of land. If the real estate market will enter a golden period as Lu Weimin speculated, Fenghua Industrial has no reason not to do its duty.
But real estate is also a way of burning money. If Fenghua Industrial wants to increase investment in the expansion of Sanshu Hotel, then the funds will inevitably be tightened in Fenghua Industrial's real estate obligations, and it is hard to say whether it can still make any moves.
Seeing Lin Ting stopping Xiao Jinfeng, Lu Weimin also laughed secretly. Xiao Jinfeng is a person who is unwilling to admit defeat. The three Shushu's development momentum is quite good. Of course, it is impossible to put it aside. However, Fenghua Industrial also has some foundation in real estate, so it is impossible to stop there. How to choose is a problem.
Lu Weimin is not very concerned about these things. This is the time for China's economic development to be the most smooth. As long as it is not too stupid, like the three masters who are on the road or Fenghua Real Estate, they can make a fortune in this round of China's economic development tide.
Xiao Jinfeng and Lin Ting immediately started arguing. Lu Zhihua did not join the argument between the two, but asked Qi Zhendong what he thought.
Fengyun Communication Service Co., Ltd. can be said to have entered its heyday now. Even Qi Zhendong himself has to admit Lu Weimin’s judgment on the future development of paging stations. With the popularity of mobile phones, the profit points of paging stations will quickly fade, and the best way is to transfer Fengyun Paging Stations.
Many people are interested in Fengyun Paging Station, even including Changzhou Meteorological Bureau. Perhaps because of the high profits of Paging Station in the past two years, the Meteorological Bureau has been resentful of the contracts signed by both parties. When Qi Zhendong released the intention to transfer equity to others, the Changzhou Meteorological Bureau made it clear that they had priority.
Qi Zhendong and Lu Weimin discussed the details of the transfer of Fengyun Meteorological Observatory and decided to complete the transfer before March 1998 in order to maximize the profits brought by the transfer.
Fengyun Communication Service Co., Ltd. still retains it, but after transferring the largest asset of Fengyun Meteorological Observatory, it only retains the communication equipment store.
"The manufacturing process of mobile phones is not complicated. The core is a mobile phone module, the basic frequency, medium frequency and radio frequency are integrated, and are packaged with a shell, some peripheral components, LCD display screen and MMI human-computer interface, even if the entire mobile phone design is completed......"
"As far as I know, there are several mobile phone module manufacturers in France looking for opportunities in China. Sachim, Wavecom, they want to share the pie in the Chinese market. I think this is an opportunity..."
Songzhou Communication Equipment Factory is an enterprise under the Ministry of Posts and Telecommunications. It has entrusted the Provincial Post and Telecommunications Administration to manage it. Its efficiency is poor and mainly produces electronic parts. Qi Zhendong has seen the current mobile phone production industry and believes that mobile phones will be rapidly popular among ordinary people in the country in the future, and the mobile phone manufacturing industry will grow rapidly. Changzhou Communication Equipment Factory is seeking enterprise restructuring. The Provincial Post and Telecommunications Administration hopes to use the restructuring of this enterprise facing bankruptcy to avoid bankruptcy. Qi Zhendong feels this is an opportunity and puts forward this idea to Lu Zhihua.
"Sister Hua, Songzhou Communication Equipment Factory is actually not valuable in fixed assets, and it owes a lot of debt. Its only value is that it belongs to the Ministry of Posts and Telecommunications directly. If it can acquire this company, it is possible to obtain a mobile phone production license, and this license may be worth a thousand gold..."
Lu Weimin's heart was moved. Songzhou Communication Equipment Factory is a direct enterprise under the Ministry of Posts and Telecommunications, but it is located in Sui'an County, only forty kilometers away from Changzhou city. This guy Qi Zhendong is quite smart. He actually saw the huge value of mobile phone production licenses and wanted to get involved in the mobile phone manufacturing industry.
"Zhendong, Sister Hua is an amateur in the mobile phone manufacturing industry, but I feel that the investment in mobile phone manufacturing will not be small, and not only does its production process, but at least the industry changes quite quickly. I remember that not long after the big brother who was like a fire brick came out, he was eliminated by 9900. Then there was a treasure in the palm. After a few days, he said that the analog machine had been replaced with a GSM digital machine. Will the investment risk be too great with such a fast-paced change?"
Lu Zhihua did not hide his worries.
"Sister Hua, it is precisely because you don't understand this industry that you have such concerns. But in fact, in terms of our domestic mobile phone manufacturing capabilities, we do not have it, especially the core component of the mobile phone module. We cannot produce and manufacture it in China. It can even be said that we will not have this production and manufacturing capability within a few years. Therefore, what we call domestic production and manufacturing mobile phones is more about OEM assembly. At most, some relatively low-end peripheral components are produced in China. What I think is that after entering this industry, we can promote the development of our own mobile phone industry. One day, we can independently produce mobile phones that belong to us."
Qi Zhendong's words moved Lu Zhihua, Du Qili, Cui Lei and others slightly. Lu Weimin was calm on the surface, but his heart was also very touched. He did not expect Qi Zhendong to have such ambitions and hide so deeply.
His face changed and Lu Zhihua finally nodded, "Zhendong, after all, this matter is said, you should sort out a copy of relevant information, so you should be more detailed. Although I personally prefer your opinion, investment is decided by the company. You need to have professional evaluation results before you can draw a conclusion. I hope you can understand."
The second update is to ask for monthly tickets. (To be continued. Please search for Astronomy, novels are better, updated and faster!)