Baiyue Cave Master
Chapter 510 Short-sighted
Qin Wenbo said this, drank a sip of tea with melancholy, and continued:
“No matter where we are in the world, we Chinese are known for our hard work.
Moreover, the older generation of Hong Kong merchants paid special attention to credibility, quality, and reputation.
In addition to our advantage of low labor costs, we also have high-quality and low-priced products.
Let our Hong Kong clothing industry gain a good reputation in the global market.
Since then, Hong Kong's clothing industry has received a large number of clothing orders from local and overseas.
At that time, there were very few clothing factories in Hong Kong. It was the golden age of Hong Kong's clothing industry.
It was with this opportunity that I adopted a large-scale production method of operating and expanding at the same time to improve efficiency, which led to the establishment of the clothing brand Zhenshanmei and its current reputation in the clothing industry.
The reputation of our Xiangjiang clothing manufacturing is built up bit by bit by all of us in the clothing industry, while working hard to ensure product quality and win the trust of customers, with low production costs.
In the entire business chain, the profits earned by us manufacturers are actually very small, because the sellers are not as smart as the buyers.
We manufacturers mainly rely on orders to survive, so although Hong Kong's clothing manufacturing industry is very prosperous now, everyone is competing with each other.
Manufacturers really don’t make much profit now, they just make some of the hard-earned money of their employees.
I am also actively expanding sales channels, hoping to expand market share and get more orders.
However, Hong Kong's clothing manufacturing industry is well-known, and businessmen are not stupid. They don't have to place orders with you. The fierce local competition has led to the current situation of Hong Kong's clothing industry becoming increasingly corrupt.
What everyone is competing for now is who can survive in this corrupt situation and who knows how to exploit the interests of employees better.
Employees are also human beings who need to earn money to support their families. On the one hand, factories have to face the fierce competition in the market, and on the other hand, they have to deal with the constant calls for wage increases from employees.
Faced with this situation, I couldn't hold on any longer, so I chose to withdraw from the clothing industry.
Wang Sheng, I'm not as powerful as you think. "
Wang Yuanchao naturally knew that the current Hong Kong manufacturing industry had not yet been absorbed by the huge market in the mainland, and the pressure of market competition was very high.
However, Wang Yuanchao believes that the vision of Chinese businessmen in Hong Kong's clothing industry is limited.
These people are too focused on getting things done once and for all in the clothing industry, and don't even think about investing money to build their own sales channels.
They only thought about taking orders, manufacturing and producing, and then handed over the market to global distributors, leaving the most profitable part to middlemen and retailers, which resulted in them having to rely on exploiting their employees to earn meager labor remuneration.
Moreover, Wang Yuanchao knew that the short-sighted business practices of these manufacturers in Hong Kong would be brought back to China along with the reform and opening up in China.
The domestic manufacturing industry once became a sweatshop, but relying on the huge and cheap labor force in the country, the domestic manufacturing industry once developed into the world's factory.
However, this short-sighted approach left a lasting legacy until the rise of e-commerce, which conquered the world.
Wang Yuanchao really despised this way of doing business. This way of doing business really brought the bad nature of capital to the extreme.
Even in Western capitalist society, where there are clearly better and more appropriate ways of doing business, these people still avoid large-scale investment and risk.
They just want to earn the money by squeezing out hard-earned money and claim to be operating a stable business.
But now Wang Yuanchao is powerless in dealing with all this in the Hong Kong clothing industry.
I just hope that after my underwear brand is successfully run, I can find another way of doing business, which can wake up the bosses of Hong Kong's clothing manufacturing industry and enable them to get out of the vicious circle of sweatshops.
After drinking tea and chatting with Qin Wenbo, Wang Yuanchao returned home and continued to work.
While urging the department to handle the import and export declaration procedures, I was also interviewing fashion designers.
Wang Yuanchao plans to manufacture the classic styles of underwear, sexy underwear and other women's underwear that have been tested by the market.
Then, through global franchising, we can build our own global sales channels, thus completing a complete closed loop for our clothing brand.
From clothing manufacturing to sales, Wang Yuanchao wants to take most of the profits from every piece of clothing.
A piece of clothing that costs only a few cents or a few dollars is sold for dozens or hundreds of dollars in the market, but the clothing manufacturer cannot make any profit.
Wang Yuanchao could not accept such a situation and was unwilling to do so.
Only by completing the complete closed loop from clothing production to sales and obtaining most of the profits in the entire link can Wang Yuanchao's appetite for entering the clothing industry be satisfied. Wang Yuanchao is ambitious about this.
At Michelle's house, I spent a pleasant weekend with two fair-skinned beauties, Michelle and Susie. After confirming the time for the European trip,
Wang Yuanchao, Xiong Jian and others set off on a journey to Kuala Lumpur.
This trip to Kuala Lumpur was not as rushed as the last time.
Because last time Wang Yuanchao established a rice and grain trading company in Klang City next to the Port of Klang in Kuala Lumpur, and rented a storage center in Klang City.
After arriving in Klang, Kuala Lumpur, Wang Yuanchao found an opportunity to avoid everyone.
He sneaked into the storage center he rented and stacked the bagged premium rice in rows in the warehouse.
After working hard for more than three hours, Wang Yuanchao looked at the 400 million bags, 10 tons, and 2 million kilograms of premium rice neatly stacked in the warehouse. He smiled with satisfaction, walked out of the warehouse, locked the door, and
Back in the office of the Dao Xiang Rice and Grain Trading Company in Klang, we began to connect with the cargo ship that was about to arrive at the port, and arranged for employees to contact the leasing company to prepare to lease large trucks, and arranged for dock workers to prepare to start loading cargo onto the cargo ship.
This time, the loading went very smoothly because local employees were responsible for all the contacts.
After Wang Yuanchao watched the cargo ship depart from Port Klang to Hong Kong, he called Ouyang Yuanfang in Hong Kong and asked her to take charge of receiving the cargo and bringing it to the storage center in Tsim Sha Tsui.
I didn’t stay in Kuala Lumpur for long. After arranging the work for the employees of Klang Rice and Grain Merchants,
He bought a return boat ticket and started his journey back home with bodyguards including Xiong Jian.
After returning to Hong Kong, all the employees in the Bank of China office were cheering and encouraged by the arrival of 2 million kilograms of premium rice, and they became more and more motivated to work.
Wang Yuanchao began to prepare for his trip to Europe.
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