We are all reborn, who wants to be the richest man?

Chapter 291 One of the most influential exhibitions in the world

Throughout the day, both sides talked about the economy.

This is simply unbelievable to outsiders. After all, this old man's time is very precious.

During this period, most of the people were asking questions, or asking for advice on financial issues.

Of course, Luo Nianzhong also knew everything and said it all. He also wanted to contribute to the construction of the motherland and make this giant dragon soar faster.

“It’s better to buy than to make, I don’t agree with this theory.

Throughout all economic powers, they all rely on their own hard power to develop. No country has ever developed into an economic power by relying on buying and selling.

Not to mention whether it will be restricted by foreign investment in the future, even the waste of resources is a huge problem.

Whether it is good or bad is one aspect, and whether it is good or not is another aspect.

Buying means being able to accumulate capital quickly, but it is short-sighted.

It may seem like losing money to make a profit now, but in terms of long-term development, it is definitely the foundation of the country.”

Later, Luo Nianzhong told the old man the history of manufacturing development in West Germany and island countries.

These two manufacturing giants are definitely the countries with the most advanced manufacturing levels now, but both of them started by relying on copycats.

At the very beginning, not to mention foreigners, even people in China complained about their products and were unwilling to use them.

But what about now? It is generations of development and innovation that have enabled them to become top manufacturing powers.

Rabbits have a huge advantage over them in this regard.

First of all, the market is huge. As long as a company's products are produced and marketed well, they will basically have no problem selling them. The huge domestic demand cannot be described as more than enough to support an industry.

Let's put it aside for now. Good quality, low price and cost-effectiveness are what meet the needs of most people.

Not every family can afford big foreign brands, those are the minority after all.

It will be the same even if the per capita income is high in a few decades. Which of those big brands are not domestic OEMs?

If the price of pure imports cannot be brought down, you will see what sales will be like.

Another one is national sentiment. Luo Nianzhong does not deny that there are many people who admire foreign things, but the majority are those who have national sentiment.

If it weren't for some merchants lowering prices just for the sake of low prices, which destroyed the market and caused a series of negative news, there wouldn't have been a crisis of trust for a period of time.

In addition to these, Luo Nianzhong also talked about the lack of relevant research reports on technology introduction.

For example, if a joint venture refrigerator factory makes a lot of money, more than a dozen refrigerator manufacturers will emerge in the next year.

This will waste a lot of foreign exchange and introduce technology, and it will also disrupt the market. In the end, a large number of bankruptcies are inevitable.

Of course, it cannot be strictly controlled, otherwise bad money will drive out good money.

“Bad money drives out good money?”

“Yes, this effect will occur when the market of related companies in an industry is saturated and loses competitiveness.

If they can all make money, they will not want to innovate but will tacitly stabilize the status quo and even suppress innovative companies.

Since they can make money, how can they be willing to break this status quo and face an uncertain future?

So supply exceeding demand is sometimes a good thing, but there must be a limit.

Just like ten wolves, only nine wolves have food, so they will definitely compete and improve their combat effectiveness in these competitions.

Every wolf will not be content with the status quo after eating, they will have to consider how to keep their share the next time they eat."

The two had lunch and dinner together before the meeting officially ended.

What’s interesting is that Luo Nianzhong invited the lunch. In his words, this is his company and he should treat him to the meal.

The old man paid for dinner out of his own pocket, and as he said, he returned it to Luo Nianzhong.

The old man left, not only the Nanhai Hotel, but also Pengcheng.

When the old man left, he wrote an inscription for Pengcheng Special Economic Zone, affirming the development of Pengcheng.

Luo Nianzhong entered the room after the old man left and sat on the sofa for several hours, planning the future path of the Far East Group.

……

"Steve, are we really going to make it?".

“Don’t worry, King, this is a once-in-a-lifetime opportunity, we will definitely be able to do it.

Fame, money, beauty, these are all beckoning to us."

Steve's optimism did not reassure Wang. This was a product the two had invested all their savings in.

You can imagine his mood at this time. He didn't dare to be too happy before the product was recognized.

"Wang, you are just too pessimistic, aren't you? In a sense, we have been recognized and our assets have appreciated."

This is true. When the two registered the company, recruited employees, and developed products, they invested a total of HK$120 million.

However, because of the need to purchase servers and labor costs, this amount of money quickly went through 7788.

It was also at this time that Asia Capital and Yunhua Investment learned about such a start-up company and took a fancy to their projects.

As soon as the two parties contacted each other, the company, which had not yet launched any products, was valued at HK$200 million and two investment institutions each took 15% of the shares.

As for why so many shares were released in the first financing, it was because the two investment institutions gave them a condition they could not refuse, that is, their products could be released at the Far East press conference.

The two are now backstage at the Far East press conference, where they will take the stage in the afternoon on the first day.

With the increasing number of products, the Far East Press Conference was officially renamed the Far East Product Exhibition this year, and the duration of the entire event has also changed from the original three days to the current seven days.

The first day is the display of non-electronic semiconductor products. This year's exhibition not only participated in the Far East Motor's brands such as Nissan, Lamborghini and Rolls-Royce, but also YDD and ATV.

In the YDD exhibition hall, although most of the new products have been released in previous major European fashion weeks, they still cannot resist the enthusiasm of the ladies.

Wealthy ladies, ladies, celebrities and housewives with financial foundation should not be too popular.

Moreover, each of YDD's brands has set up a counter here, and orders can be placed on the spot. It is not easy for these women to shop.

They were happy, but they didn't know if their men who were in other exhibition halls or didn't come because of work would be as smiling as they were.

ATV came here to sell copyrights. In addition to the popular TV series recently broadcast on ATV, the most important thing is variety show copyrights.

Asia’s Got Talent, which became a hit at the end of last year, and Relay at the beginning of the year, are still on ATV’s hit Wilderness.

These two variety shows based on the outline given by Luo Nianzhong attracted the attention of television stations from various countries as soon as they were launched.

There is no need to worry about North America. NBC has already bought the rights to these two programs. This variety show promotion is mainly based on the European market.

As for the island country market, a midnight adventure program designed by a director of ATV was sought after by island country TV stations.

The ratings of this program on ATV can only be said to be above average. The main content is to explore places such as scary places with some legends or haunted houses.

The hosts are two newcomers, and every episode they are scared to death and scream. I heard that the director chose these two people because they are timid.

Also because they host this show, these two people have one more benefit than their other colleagues, which is weekly psychiatrist treatment time and regular physical examinations.

Regardless of whether they have symptoms of this, the program team will spend a sum of money on this every week to ensure that measures can be taken as soon as possible if any situation arises.

In addition to the first day, the next three days will be the display of familiar electronic products and semiconductor products.

As for the game category, it was taken out separately and placed on the fifth day. With the development of technology, the types of game carriers are also increasing.

In the past, there were arcade machines, handheld consoles, and home game consoles. In the future, there will be one more computer game.

Honor Games’ first computer game project has been completed and will be available to game fans around the world next year.

However, this is a stand-alone game, and there is still a long way to go before large-scale games.

As the number of carriers increased, the number of games naturally increased, and they were taken out.

Moreover, the fifth day of the game exhibition is open to all manufacturers that can publish games on the Honor game console, and it has begun to move towards platformization.

In addition to games, there are also new technologies and materials, and the results of these researches will be displayed on the sixth day.

The last remaining day is the tourist experience day, allowing tourists who want to experience it but have not had the opportunity to experience the latest technology in person.

It is precisely because of such changes that applications from global companies began to be accepted, so the Far East Conference, which had already had a huge reputation, suddenly became one of the most influential exhibitions in the world.

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