Starting out as a drug dealer in 1988
Chapter 318 Strategy of Force
Moreover, he has no plans to list in China in the future. If possible, he hopes to list directly on the Hong Kong stock market.
After all, the Hong Kong stock market is more open and capital flows more freely.
This is undoubtedly a better choice for a company like his that wants to expand rapidly.
Of course, these are just preliminary ideas, and their specific implementation will depend on future development and market conditions.
Now, he needs to solve the problems at hand first, such as how to improve product quality and expand market share.
Only by laying a solid foundation can we better achieve the goal of listing.
Thinking of this, Zhao Wenhao said to Yuan Bin, "I will consider this matter, but we can't rush it. We must take one step at a time and do a good job of the current work first."
Yuan Bin also knew that he was a little anxious, so he quickly nodded to show his understanding.
He knew that going public was not an easy task and required a lot of effort and time.
But with Hengyuan Electronics' development prospects, as long as they persist, I believe they will achieve this goal one day.
Of course, Zhao Wenhao still gave Yuan Bin and all the middle and senior management of Hengyuan Electronics a hope: "Don't worry, in three years, at most, Hengyuan Electronics will be able to go public, and it will be listed on the Hong Kong stock market."
Yuan Bin smiled widely, his mouth almost unable to close. Having such a promise was enough, and he would work hard for this goal.
"Alright, just keep this in mind." Zhao Wenhao waved his hand and didn't continue the topic. "You need to hurry up with the production matters. Since those companies aren't willing to relocate for the time being, we won't force them.
They certainly have their own concerns, but we must also show our sincerity and try to persuade them.
You have to keep this matter in mind.
The city has made a great determination to improve the business environment this time, and we must also provide corresponding resources to cooperate.
This will benefit the city, the park, and us all.”
Yuan Bin nodded. "I understand, Mr. Zhao. I will arrange for someone to continue communicating with those companies as soon as possible and strive to gain their understanding. At the same time, I will also strengthen cooperation with government departments to jointly promote the development of the park."
Zhao Wenhao looked at Yuan Bin with satisfaction: "Very good, I believe in your ability and experience. But remember, don't just talk, take action.
The market competition is very fierce now, and we must constantly improve our competitiveness in order to survive.
Therefore, I plan to increase R&D investment in the R&D department, improve product quality and technical level, reduce production costs, and improve production efficiency.
Only in this way can we gain an invincible position in the market."
Yuan Bin nodded seriously to show that he understood.
Zhao Wenhao continued, "In addition, we must also strengthen our efforts in talent training.
Nowadays, technology is changing with each passing day. We need to constantly learn new knowledge and new technologies to keep up with the pace of the times.
Therefore, we need to establish a comprehensive training system and regularly organize employees to participate in various training courses to improve their quality and skills."
Yuan Bin nodded again to show his approval.
At the same time, he thought of something and said, "I suggest that, if possible, we can produce some parts ourselves and not rely entirely on them. At the same time, spread the word. Once those companies know we plan to set up our own factories to produce parts, I wonder if they will rush out!"
Yuan Bin couldn't help but sneer.
Obviously, he hoped to spread this news and force those companies to come and invest and set up factories. If they were still unwilling, once Hengyuan Electronics went it alone, they would have no chance!
"Okay, let's do it!"
Zhao Wenhao certainly understood what Yuan Bin meant. Setting up his own factory involved too many things, especially since some of the accessories required high technical content.
If they were to start from scratch, it would definitely take a lot of time, energy and money.
However, forcing those companies in this way is a feasible approach.
Time flies, and in a blink of an eye, more than two months have passed, and it is August 1993.
"Boss Zhao, good news, good news!"
Yuan Bin, with a smile on his face, strode into Zhao Wenhao's office.
Zhao Wenhao put down the documents in his hand with a smile on his face, "What are you so happy about?"
"Mr. Ma from Weicheng Electronics and Mr. Chen from Chuanghua Technology just called me separately and said they plan to come over for an inspection next week. They've also already spoken with the park's management committee and are planning to set up a new factory in the park."
Yuan Bin finished speaking in one breath without pausing.
"Oh? That's really good news!" Zhao Wenhao laughed and stood up. "It seems they are a little afraid that we will really set up our own factory to produce some parts.
If this happens, not only will their business decline significantly, but we may also become competitors!"
"Hey, I think so too. More than two months ago, I had someone spread the word that I was going to set up a factory to produce parts myself.
Not only that, I also asked relevant personnel to investigate everywhere and even deliberately spread news that they wanted to poach people.
They must have heard the news and are worried that not only will they lose our business in the future, but they might even face competition. If that happens, wouldn't their efforts be in vain?
Yuan Bin was rarely so happy because this strategy was proposed by him and was also implemented by him.
Now that he has achieved what he wanted, he should certainly be happy.
Zhao Wenhao was also very happy. If they could really set up a factory here, it would definitely be a good thing for Hengyuan Electronics.
Not only that, the power of role models is infinite.
As long as these two companies come to Xuanzhou Industrial Park, other companies will naturally let down their guard when they see them doing this.
In this way, the home appliance industry chain of Xuanzhou Industrial Park will also be formed.
This will have a positive impact on the future of Hengyuan Electronics and will also promote the overall future planning.
"Alright, we won't bully them. The conditions we agreed to before remain unchanged. As for what happens with the park management committee, they can go and discuss it. We won't interfere."
Zhao Wenhao patted the table and made the final decision.
Soon, three days passed.
Ma Chenggong and Chen Xiao arrived in Xuanzhou by plane respectively.
Zhao Wenhao also arranged a car to take them to the hotel.
At this time, Yang Weimin from the park management committee and other standing committee members were already waiting in the hotel.
This contact is of vital importance to the park management committee.
Therefore, Yang Weimin demanded that all members of the Management Committee must attend meetings unless there were other important matters to attend, in order to make Ma Chenggong and Chen Xiao feel that the Management Committee valued them.
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