Chapter 278 The Rong Brothers Want to Start a Company with Mr. Yang!

There are now one billion people in China, and there will be more than one billion people in the future. It should be a very huge market.

Yang Ming knew that with the current domestic consumption level and income, not many families can afford ordinary black and white TVs and radios. For example, an arcade game machine that costs $6,500 is only affordable for high-income families in Hong Kong.

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

"Mr. Rong, the arcade machines of Empire Game Company are too expensive. Can the income level in the mainland afford it?"

"Mr. Yang, the income level in China is very low now. However, in some big cities, such as Yanjing and Shencheng, there are still people who can afford such arcade machines."

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

How many units can be sold?

How much can a thousand units sell for?

How much will it sell for when it is sold to the mainland?

Compared with those ordinary electronic products, which are imported to the mainland for dozens of Hong Kong dollars and sold for two or three hundred yuan, many people still buy them. Isn't the profit higher?

"We three brothers have discussed that we will form a joint venture with Mr. Yang, Mr. Yang will take 40% of the shares, and we three brothers will take 60% of the shares. Among them, we don't have much capital, but we have a local sales license. Apart from that, we three brothers will be responsible for management."

That is to say?

They want to set up a joint venture company with Yang Ming, Yang Ming will take 40% of the shares, and the remaining 60% will belong to the three brothers of the Rong family.

The most valuable thing for the three brothers of the Rong family is of course the certificate of the right to sell in the mainland, which means that they can legally sell the game consoles of Empire Game Company to the mainland.

However, at US$6,500 per unit, nearly HK$35,750 per unit, Rong Zhijian can only use HK$1 million to buy 27 game consoles.

And setting up a company is not only about buying products, but also about other expenses.

In this case, relying solely on the principal of HK$1 million of the three brothers of the Rong family, they really don't have the strength to act as agents for domestic game consoles.

"40% of the shares is not too much or too little, how do you want to cooperate?"

Yang Ming knew that relying solely on the Rong family's right to sell in the mainland, no matter what business they did, it would be pure profit. However, it is hard to say what will happen in the next few years. At least the first few years will definitely be very profitable.

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

Obviously, there were many more companies like the Rong brothers who resold the rights to sell games in the mainland in China, so the business was naturally not good, and the Rong family had to sell the company.

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

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

By then, Rong Zhijian will no longer be able to manage that small company.

"Mr. Yang, the three brothers of the Rong family will provide one million Hong Kong dollars as the company's operating funds. In addition, the management will also be managed by the three brothers, and there is also the mainland sales certificate. We want to be the agent of Empire Game Company's games in China, but we only have one million Hong Kong dollars and cannot take out more money. In the early stage, we hope to get 100 game consoles without a deposit. After selling them and making that money, we don't have to owe money in the later stage."

Yang Ming understood it all at once.

At first, he thought the other party wanted to take advantage of his fame.

Now it seems that the Rong brothers have a feeling of getting something for nothing.

For arcade machines like Empire Game Company, when purchasing, not only a deposit but also full payment is required. Rong Zhijian's 1 million Hong Kong dollars can't buy many arcade machines at all.

In addition, not only do you have to buy arcade machines, but you also have to pay for company management and other expenses. This 1 million Hong Kong dollars is not enough.

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

These 100 game machines are worth 650,000 US dollars, equivalent to 3.575 million Hong Kong dollars.

This is also a lot of money, at least more than 2 million higher than Rong Zhijian's 1 million Hong Kong dollars.

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

This is indeed a bit of getting something for nothing.

According to Yang Ming's situation, he didn't need to do business with Rong Zhijian like Rong Zhijian did.

Because there were many people begging him.

The Rong family was different after all.

Yang Ming didn't care much about this little money.

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

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

"When I was in Yanjing, your father took care of me so much, and your cousin Tang Yun worked for me, so of course we can cooperate. However, you know the situation in China better than me. Even if you get hundreds of game consoles, you still have to sell them somewhere else if you can't sell them in China."

"Mr. Yang, I understand."

"Let's leave it at that. I'll have someone contact you then."

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

Yang Ming didn't say anything else.

Rong Zhijian seemed very happy.

He and his two cousins ​​had discussed this plan for a long time, but he was too embarrassed to do it and was afraid of being rejected by Mr. Yang. Until now, when Mr. Shen and Secretary Zhang went south, he happened to be accompanying them. He didn't want to waste any more time and brought up the matter with Mr. Yang.

He was still a little uneasy just now.

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

Why must the other party cooperate with him?

Rong Zhijian guessed that his biggest advantage was actually because of his father's relationship and status.

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

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

. . .

Rong Zhijian left the study.

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

In Yang Ming's view, this was the Rong family sending him money.

Look at the time.

Father Yang Jirong is in the study, and he should have finished reading the information.

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

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

Since learning about returning to his hometown, Yang Jirong has cried twice. This time, seeing the detailed information of his hometown, he did not cry again.

He had been mentally prepared.

Like Yang Jirong's grandparents, parents, uncles, and aunts, they are basically gone.

They all grew old and died in poverty.

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

The poverty in his hometown made it hard to eat, and when they got sick, they could only gradually leave this world in pain.

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

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

"I've finished reading."

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

How long to go back this time is not only a matter for Yang Ming's family, but also related to the above, all of which must be arranged in advance.

"Peter, I haven't been back for a long time. This time I go back, I want to spend the Spring Festival with my relatives in my hometown before returning to Hong Kong. I know you are very busy, so you can go back to Hong Kong in advance, and your mom and I will stay in my hometown."

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