We are all reborn, who wants to be the richest man?
Chapter 492: The Upgrade Path from 1 to 100
AEON Audio, Apliu Street, Sham Shui Po.
"Can you make it cheaper? Most of the people we are looking for are big customers. We will have business dealings in the future. This is not a one-time deal, right?"
"It's not a penny cheaper. I'm only giving you this price because you want a lot. If you were an individual customer, don't even think about it without two thousand Hong Kong dollars."
It seems that the boss is not going to give up a penny.
"One thousand three hundred Hong Kong dollars, I'll add fifty sets, how about 150 sets?"
I don’t know if the boss was being stubborn or if the price had really reached its lowest point, but he shook his head and refused.
"No, I said it's 1400 Hong Kong dollars, I can't give up even one share. I can't make much money with this small business."
"Don't be like that, boss. I chose yours over other people's speakers that cost hundreds of dollars. Can you order a little less?"
It would be fine if he didn't say this, but once he said this, the boss became even more justified.
"My company is the OEM for Rongfei and Hitachi audio. How can other companies compare with them? Do they dare to say that they are real hifi audio?
Brother, you are a smart person, otherwise you wouldn't give up the cheap price and not bargain with me, right?"
Just at this moment another customer came to the door, and the boss didn't want to argue with him any more and said, "Brother, please think about it carefully. I will entertain other customers first, you can do whatever you want."
The customer did not leave the store because of the boss's temporary departure. Instead, he started to look at the various models of audio equipment neatly displayed in the store again.
Just like what the boss said, there is a reason why their prices are high. It's because they have real materials and great technology, otherwise they wouldn't have become the OEM factory for Rongfei and Hitachi.
There is no need to mention the Hitachi brand. Rongfei is an audio brand jointly established by Honor Audio and Hitachi.
Originally, when cooperating with the island country, the Fuji Group acquired 23% of Honor Audio's shares, and most of these shares are in the hands of Hitachi.
Now there are not many obstacles for Honor Audio to propose purchasing Hitachi's technology to establish its own audio brand. Hitachi even used its technology to invest in Rongfei Audio to acquire 18% of its shares.
Aeon Audio is one of the OEM factories for these two audio companies, mainly supplying the markets in Asia.
Apliu Street was originally the place where duck sheds were built during land reclamation in Hong Kong Island, that is, sheds for raising ducks.
This is also where its name came from. It is located between Qinzhou Street and Nanchang Street.
In the 1950s, Hong Kong's economy was just starting to take off. People's living standards were not high at the time, so they thought about selling old items at home for money, and thus the street stall economy was formed in this place.
By the late 70s and early 80s, this place was no longer just a street stall. As it attracted so many people from Hong Kong Island, nearby shops began to do business in various electrical appliances and accessories, and it became a flea market.
In recent years, due to the rise of Far East Group, Apliu Street has also had the opportunity to successfully transform.
Electronics and semiconductor foundries of all sizes have begun to purchase and lease shops here, hoping to develop more customers based on the reputation of the Far East industrial chain, or to establish their own brands to complete the transformation.
AEON Audio is one of these large and small OEM factories, and its business is high-end audio and speaker business.
The more you sell, the greater the profit. The more profit you have, the more money you have to invest in research and development. If the product is good, you will never have to worry about not having buyers.
Far East Group is located in Hong Kong Island, and there is no company in Hong Kong Island that is unaware of the importance of R&D and innovation.
Therefore, the significant growth in Hong Kong Island’s per capita GDP in recent years is not entirely due to the Far East system. As long as each factory has a certain economic foundation, it will recruit some relevant professional talents.
Who doesn’t want to have a Hong Kong Island dream?
The Hong Kong Dream is a term used by local and foreign talents in Hong Kong. Simply put, it means becoming rich overnight and achieving financial freedom.
Not to mention Far Eastern Group, aren’t companies like United Lighting and Hong Kong Gas Group becoming industry giants just because of their technological advantages in their respective fields?
Not only did the boss become a celebrity, but many internal employees also achieved financial freedom because of the listing.
Because of this, talented people from all over Southeast Asia are willing to come to Hong Kong Island to try their luck and see if they can realize their Hong Kong dream.
Although Apliu Street looks shabby now and there are street vendors everywhere, there is no brand in the electronics industry around the world that doesn’t know about this place.
Convenient and cheap is now the synonym of Apliu Street.
Thanks to the fact that these OEM factories have moved their factories to the mainland, greatly reducing costs, many of the accessories produced here have been favored by many major Western brands.
What about those economically disadvantaged areas? This place becomes the source of their products, such as electronic watches and radios, some of which are so cheap that they are sold by the kilogram.
This is a very popular market in their place and is considered high-tech. They can make a lot of money by purchasing it, so not only tourists but also a large number of buyers crowd here every day.
Due to the rise of Apliu Street, the Hong Kong government also realized that the environment here not only hindered development but also affected the image of Hong Kong Island.
Therefore, the Hong Kong government announced the Stonecutters Island reclamation project in 1986 to connect this abolished naval base with Kwai Chung and Cheung Sha Wan opposite.
Part of this land was used to build the Apliu Building. In the future, all the shops and stalls on Apliu Street will be moved here, making it a veritable electronics city in Hong Kong Island.
"Boss, please give me 1400 sets at HK$ as you said."
Seeing that the boss of AEON sent the tourists away, the Indonesian businessman finally compromised.
Just like he said, other people's products are cheaper, but they can never reach the hifi sound quality of theirs.
We always hear about hifi audio, but few people know what hifi is. In layman's terms, it means high fidelity.
Since hifi music has not undergone lossy compression, it can retain more details and dynamics, making the sound clearer, richer and more natural.
Another is the frequency range of audio. Hifi can preserve a wider frequency range, including ultra-high and ultra-low frequencies that are inaudible to the human ear.
Although these frequencies cannot be heard, they will affect the performance of other frequencies, making the music we hear fuller and more three-dimensional.
Finally, the width of the sound field, hifi music can retain more channel information.
Do you remember the CD standard jointly developed by Honor Audio, Philips and Sony?
It was the introduction of CD that brought about a digital music revolution in the entire industry, ushering in the digital music era. The sound quality of the hifi playback system has been unprecedentedly improved from the source of the sound.
What was Honor Audio's main product before? It was the Walkman, the product it pioneered.
But what about now? The solution given by Honor Audio for Walkman is licensing. Now the company's main products are CD players and more professional recording equipment, such as film and television equipment.
It is also because of the rise of digital music that hifi audio has experienced unprecedented prosperity and is deeply loved by audiophiles and high-end people.
They are targeting the high-end market at this price. For those who are not short of money, adding one thousand Hong Kong dollars to the price makes no difference.
As long as the product is good, the higher the purchase price, the greater the profit.
This is the situation that Luo Nianzhong would like to see, and it is also what makes him most happy about the development of Hong Kong Island this year.
Luo Nianzhong helped complete the breakthrough from 0 to 1 in the planning of Hong Kong Island. The industrial structure of the entire Hong Kong Island has undergone a drastic change because of him.
The current 1 to 100 does not require him to urge at all. Those companies that see greater benefits will take the initiative to improve their technology.
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