I Want To Be a Rich Man on Hong Kong Island

Chapter 140 [New Year Direction of PG Zipper]

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It's New Year's Eve again, this year Wu Guangyao finally feels the meaning of home further.

"Above are old, and below are young", it should not be a sentence of stress, but a sentence full of happiness.

Early in the morning, Wu Guangyao got up early to write couplets and hang lanterns.

"Guangyao, when did you practice this calligraphy?" Zhou Xuefen looked surprised, her son used to write crookedly.

"I started practicing when I came to Hong Kong Island, and it gradually became like this. Maybe I didn't pay attention before!" Wu Guangyao said casually. Anyway, he inherited the memory of his predecessor, and he was not afraid of revealing his secrets.

"You kid is smart in itself, but you didn't pay attention before!" Zhou Xuefen took it for granted.

Paste couplets and hang up lanterns, but at 9:00 am, Wu Guangyao hugged his eldest son Wu Xianshuo again and teased him for a while.

"The 100-day banquet for the little guy needs to be done in a big way, and I have to introduce it to my relatives, friends, and business partners. The Wu family founded by Wu Guangyao has a successor!"

After hearing this, the whole family felt that it made sense. The huge industry created by Wu Guangyao also needs successors.

Lin Yueru was happy and proud.

Although I have received a new type of education, the more I stay with Wu Guangyao, the more I will accept all his ideas.

Although there are some contradictions, Lin Yueru still chose her husband.

On New Year's Eve, Wu Guangyao didn't go there, just stayed at home with his family, which was a rare day of rest!

 …

"Boss, happy new year, Gong Xi Fa Cai!"

When Wu Guangyao walked into the PG Zipper Industrial Park in Shau Chi Wan, the workers greeted Wu Guangyao one after another.

"Have you received yesterday's Spring Festival benefits? Have you received today's New Year red envelopes?" Wu Guangyao asked everyone with a smile.

Everyone replied one after another, received it, and expressed their thanks!

Not having holidays during Chinese New Year is not exclusive to Wu Guangyao.

At this time on Hong Kong Island, many companies will not choose to take a holiday.

However, the companies under Wu Guangyao are very generous, including Spring Festival benefits (rice, oil and other daily necessities) and start-of-work red envelopes (5 Hong Kong dollars).

In this way, naturally a lot of grievances will be reduced, and workers will have a sense of belonging!

Coming to the meeting room, Wu Guangyao held a meeting of managers to set the goals and direction of PG Zipper for the new year.

"The factory in Star City will start full-scale production in March, so there should be no problem?" Wu Guangyao asked first.

"There is no problem. The machines have all been installed and debugged. The workers over there are also mobilizing their experienced hands from here for training..." Li Bing briefly reported the current situation.

The PG zipper has become an automatic machine. Wu Guangyao only needs to take care of it from time to time, maintain it, or change parts.

Wu Guangyao nodded, and continued to ask: "How is the preparation for the selection of agents in the United States?"

"Very good. Many powerful businessmen have indicated that they will go to Star City on March 1 to participate in the agent selection conference! When the time comes, will the boss attend this grand event?"

"Of course, how could I be absent from such an important event!"

Then Wu Guangyao carefully inquired about the trend of Dongying YKK zippers, and concluded that PG zippers are under great pressure.

Unlike zipper manufacturers in Europe and America, Dongying also has many advantages of PG zippers, even in terms of price, it can be relatively close.

The current output and sales volume of YKK zippers have equaled that of PG zippers, forming a tight situation.

Even in America, his master country, they were more welcome.

If PG Zipper does not take measures, it will surely be at a disadvantage in the subsequent global market competition.

Strategies are not to be thought of until something is imminent, but to have a sense of being prepared for danger in times of peace.

Therefore, price reduction is inevitable. This is probably PG zipper, the only countermeasure that can be taken at present!

As for other aspects, such as quality and service, although the two companies are secretly competing, they are also imitating each other, so they are comparable.

"As the zipper market is getting bigger and bigger, we must reduce the profit margin and improve product competitiveness!" Wu Guangyao announced this major event. At present, the profit margin of PG zipper is very high, and there is still a lot of room for concessions.

"Well, our current cost has further dropped to 1.4 cents per piece. When our smelter is produced, I estimate that the cost will only be 1.25 cents per piece, even if the freight in Europe and America is included, it will only be 1.3 cents per piece. So Boss, come and set a unified price!"

Wu Guangyao nodded, calculated carefully on the paper, and said, "There are 5 levels for medium and large customers, with an annual demand of 1 million pieces, corresponding to 2.3 cents per piece; an annual demand of 3 million pieces, corresponding to 2.2 cents per piece; Cents; annual demand of 5 million pieces corresponds to 2.1 cents; annual demand of more than 10 million pieces corresponds to 2 cents a piece; annual demand of more than 15 million pieces corresponds to 1.9 cents a piece. Similarly, agents also follow the corresponding, Such a model and price."

The price of PG zippers is calculated according to the annual cumulative quantity. For example, if you purchase 3 million pieces at the beginning, of course it will be calculated according to the price of 2.2 cents. As long as you accumulate 5 million zippers in one year, PG Zipper will make statistics on your entire annual purchase volume, and then take a refund subsidy.

"In this way, Japan's YKK zipper must not be able to cope, and our PG zipper will continue to lead!" A manager echoed.

"While reducing prices, we still cannot relax and be vigilant about quality issues. This is the real lifeline!" Wu Guangyao calmly reminded everyone, seeing that everyone was getting carried away.

"Of course, our quality has always been superior to other companies. Now that the company has invested so much money in R&D and puts so much emphasis on it, it will definitely not fall behind in this regard." Li Bing assured Wu Guangyao.

Wu Guangyao nodded. He is still at the helm of the company, and he doesn't let it go, so he still knows the company's situation.

PG Zipper has an after-sales service department, which regularly conducts global customer and market research.

What is the quality of the PG zipper, and what problems will occur after one year of use?

Then the statistics are calculated and reported directly to Wu Guangyao and the company's management.

Similarly, Wu Guangyao regularly visits those medium and large customers on the phone every year to collect opinions and feedback in person.

After the meeting, Wu Guangyao did not leave the PG Zipper Industrial Park, but was in his office, writing some New Year's plans for the zipper industry.

PG zipper is operated with reference to the YKK zipper of later generations, and Wu Guangyao also copied a lot of experience summed up by later generations.

For example, lay out the entire industrial chain of zippers, such as smelters, weaving factories, and machinery factories, and in each link, it is necessary to be the best factory in the world.

In Lin Youde's weaving factory, Wu Guangyao repeatedly emphasized to Lin Youde that the little fabric on his zipper must be of the best quality in Asia, or even the world.

In order to meet this requirement, Lin Youde recruited workers and purchased machinery in Europe and America, investing huge sums of money.

Don't underestimate the small amount of fabric, but the annual demand of several billion pieces is enough to make Lin Youde the number one in the textile industry on Hong Kong Island.

It is precisely because of these links that Wu Guangyao has the confidence to compete with zipper manufacturers all over the world and to be the first.

In the new year, Wu Guangyao will continue to improve these supply chains so that they are impeccable from bottom to top!

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Chapter 143/703
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I Want To Be a Rich Man on Hong Kong IslandCh.143/703 [20.34%]