Video Game Empire

"Li Sheng, our Standard Chartered Bank has promoted your company to a VIP customer. If your company has capital needs in trade transactions, Standard Chartered can issue a commercial credit of up to five million US dollars for Dongfang Electronics at any time under the condition of waiving the deposit. Of course, if your company is willing to pledge assets, this amount can be increased to 20 million US dollars!”

Li Xuan had a polite smile on his face, but he listened absently to the senior account manager of Standard Chartered Bank in front of him, eloquently and eloquently selling various financial services of Standard Chartered Bank to himself.

An hour ago, he had just sent away another senior relationship manager from HSBC. Banking will always be the icing on the cake, not help.

Previously, in order to facilitate cross-border business transactions, Dongfang Electronics opened an international account with two banks, Standard Chartered and HSBC.

With the first batch of tank battles and Hong Kong cube arcades, after arriving in the United States, they were enthusiastically sought after by players in the streets of the United States. All the agents who signed contracts with Dongfang Electronics quickly heard the news and became anxious all of a sudden. They all remitted the prepaid deposit to Dongfang Electronics' bank account as soon as possible, hoping to get the arcade products as soon as possible.

As a result, the funds of Dongfang Electronics Company in the accounts of Standard Chartered Bank and HSBC increased rapidly, and the total balance soon exceeded 10 million US dollars. It is naturally impossible for the two banks to turn a blind eye to such a sudden appearance of a customer with a huge cash balance. After some investigation, the two banks began to act quickly after finding out the basic situation of Dongfang Electronics Company.

Business operations are inseparable from dealing with banks. For many business owners, the bank is their father. The expansion of the company, the purchase of new equipment, and short-term capital turnover often require borrowing from the bank.

However, Dongfang Electronics is an exception. Just the advance payment from the agents makes the company's cash flow very abundant, and there is no need to ask the bank at all. It's just that Li Xuan can't really shut out the two largest banks in Hong Kong, and can only take time to deal with it.

The senior manager of Standard Chartered turned a blind eye to Li Xuan's absent-minded attitude, and his attitude was still very warm and sincere. He didn't expect that he would be able to impress Li Xuan at the first meeting. He came here this time just to show that Standard Chartered Bank attaches great importance to this new customer of Dongfang Electronics.

As long as he stabilizes the customer first and prevents Dongfang Electronics from transferring the funds stored in the Standard Chartered Bank account to the account of the rival HSBC Bank on a large scale, his task today will be completed. As for the work of making friends and deepening friendship with Li Xuan, it is possible to get closer step by step in the future, and there will be no haste.

The representative of Standard Chartered Bank just left, and the next guest who made an appointment with Li Xuan in advance has already arrived.

Lu Qintian, general manager and boss of Hong Kong Lu's Electronics Company. This boss Lu, originally a middle school teacher in Gaoyao County in eastern Guangdong, came to Hong Kong and founded Lu's Electronics Company from scratch with his wife, Ms. Zheng Qiang.

In just five years, the couple has developed Lu's Electronics into the largest local TV manufacturer in Hong Kong, with an annual output of hundreds of thousands of black and white and color TV sets. The products are sold in Hong Kong and throughout Southeast Asia. market.

"Hello Li Sheng, I take the liberty to interrupt!" Lu Qintian walked into Li Xuan's office under the guidance of his assistant Cao Jingya.

Li Xuan didn't appear arrogant because the other party asked for himself, but quickly stood up from behind the boss's desk, took the initiative to take a few steps forward and shook hands with Lu Qintian, and then the two sat on the sofa and started talking.

"Li Sheng, I'm a stupid person, and I can't tell you that. I don't want to waste your precious time, so I'll just get straight to the point. Our Lu's company is also the largest TV system in Hong Kong and Kowloon. In the past few years, various types of TV sets produced by our factory have been sold locally in Hong Kong and throughout Southeast Asia.

Your company manufactures CRT monitors used in arcade machines. Our factory is fully capable of producing them. The price is definitely much cheaper than the products you import from Japan! "As soon as Lu Qintian took his seat, he said his intentions.

"The TVs produced by your factory use the kinescopes of that company?" Li Xuan asked.

Like a TV, the most important thing about an arcade display is undoubtedly the picture tube inside. The quality of the picture tube directly determines the quality of the final picture displayed by the display. For the sake of quality assurance, Dongfang Electronics Co., Ltd. used the products of Hitachi and NEC directly imported from Japan.

"Our factory's kinescopes and motherboards are purchased from RCA Taiwan's factory. If you have specific requirements for parts, we can also purchase kinescopes from Japanese companies!"

Lu Qintian attaches great importance to the potential customer of Dongfang Electronics. From the information he has collected, this newly established game console manufacturing company has grown rapidly, and the monthly output of arcade machines has exceeded 10,000 units. If Lu's company can win this big customer, Lu Qintian's company can double its size in an instant.

Li Xuan is not unfamiliar with the name RCA. RCA is the abbreviation of American Radio Corporation and is known as the No. 1 brand in the home appliance manufacturing industry in the United States. It was RCA who first invented the world's first black and white television and the first color picture tube.

RCA is also one of the earliest American companies to invest in Taiwan-Taiwan, having set up factories in Taiwan-Taiwan as early as 1959. It now has factories in Taoyuan, Zhubei, Yilan, etc., producing various electronic and electrical products including kinescopes, televisions, video recorders, and stereos.

Lu's company's own R&D strength is not strong. The main components of the TV set, the motherboard and the picture tube, are all custom-made from RCA's Taiwan factory. While producing its own brand of TV sets, the company also accepts orders from RCA to manufacture TV sets for it.

Li Xuan heard that Lu's company used RCA picture tubes, and couldn't help but nodded: "As a company rooted in Hong Kong ~www.wuxiahere.com~ parts procurement must be of the same quality and price. Give priority to supporting local enterprises in Hong Kong!

But the monitors on arcade machines are not much longer continuous working hours than home TV sets. In this way, when we purchase monitors, the requirements for product durability and stability are also higher than ordinary TV monitors.

If we can, we hope to get a few samples and do a test first. If the test results can meet the requirements, everyone will sit down and talk about cooperation. What do you think of Lu Sheng? "

"That's what it should be!" Lu Qintian nodded, "I can guarantee the quality of our Lu's Electronics products, and I am very willing to cooperate with the company in testing relevant technical indicators!"

Although the electronics industry has become the second largest pillar industry in Hong Kong after the textile industry, its technical level has not been high, and it has occupied the low-end market by virtue of its cheap price. In order to pursue the speed of expansion, Dongfang Electronics had no time to carefully select suppliers, and directly looked for suppliers that cooperated with other game companies such as Sega and Taidong.

But after the company is on the right track, Li Xuan will definitely re-establish his own supplier system. If local companies in Hong Kong can meet the quality requirements, Li Xuan is very happy to choose them first.

Apart from the price, Li Xuan's identity as a Hong Konger has determined that only in Hong Kong is his home court. And allowing more Hong Kong enterprises to join Dongfang Electronics' supply chain system can rapidly expand the company's influence in Hong Kong's industrial and commercial circles.

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