Chapter 278 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 it 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. Only high-income families in Xiangjiang could afford video game consoles.

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 the sales volume 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 manage it.”

That is to say?

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.

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 Company to the Mainland.

However, at nearly HK$35,750 per unit, Yung Chi Kin can only use HK$1 million to purchase 27 game consoles.

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

Under such circumstances, the three brothers of the Rong family really do not have the strength to represent domestic game consoles with only their 1 million Hong Kong dollars in capital.

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

Yang Ming knew that with the Rong family's mainland sales rights alone, no matter what business they did, they would make a profit. However, it is difficult to say 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 by opening the Aika Electronics Factory, they suddenly sold it to the M country company at a high price.

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.

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

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

By then, it would be impossible for Yong Zhijian to manage that small company anymore.

"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 cannot spend more money. In the early stage, we hope to get 100 game consoles with zero deposit, and when we sell them and earn that money, we won’t have to pay debts in the later period.”

Yang Ming understood immediately.

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

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

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 cannot buy many arcade machines at all.

In addition, not only to buy arcade machines, but also to manage the company and other expenses, this 1 million Hong Kong dollars is completely insufficient.

If you open a company in partnership with Mr. Yang, 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.

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

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

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

This is indeed a bit of a blank slate.

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

Because a lot of people are begging him.

The Rong family is different after all.

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

"Mr. Rong, 40% of the shares are fine. As for your desire to bring arcade machines to the mainland, don't say 100 units. As long as you can sell them, I will approve even 1,000 units."

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

"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.”

"Mr. Yang, I understand."

"Let this be the case. I'll have someone contact you when the time comes."

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

Yang Ming said nothing more.

Rong Zhijian looked very happy.

He and the 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.

He was still a little uneasy just now.

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

Why does the other party have to cooperate with him?

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

Even if he had the legal privilege of selling in the mainland, Mr. Yang would not necessarily 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 opinion, this was money given to him by the Rong family.

Look at the time.

Father Yang Jirong is in the study and should have read the information.

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

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

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.

He had already been mentally prepared.

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

They all grew old, sick and died in poverty.

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

The poor people in my hometown can't even eat enough. When they get sick, they can only gradually leave this world in pain.

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

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

"finish watching."

"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 of 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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