I Want To Be a Rich Man on Hong Kong Island

Tsuen Wan is located in the New Territories. It was called Shallow Bay in ancient times. It is said that it got its name because of the shallow water in the bay.

According to the historical trend, Tsuen Wan will become the first new town on Hong Kong Island.

In 1898, Tsuen Wan District had a population of about 3,000 people, but the villages to which it belonged already had family temples and ancestral halls. Most of the local residents grew rice, pineapples, and sweet potatoes.

Before World War II, the development of Tsuen Wan District was still very slow.

But at the beginning of 1950, PG Zipper took the lead in investing near Texaco Road in Tsuen Wan. It took 150 acres of land to build the largest zipper factory in the world.

Various manufacturing industries opened up along Texaco Road, Yeung Uk Road and Chai Wan Kok.

Investors came in an endless stream. Many people saw Wu Guangyao taking land inspections in Tsuen Wan, and then followed closely behind.

Because it is close to Kowloon, the traffic is quite convenient;

In terms of electricity, currently high-altitude installations are used, unlike Kowloon and many places on the main island, where submarine cables are used.

As for recreation, not to mention that people in this era are busy, so they are in the mood to travel; but Tsuen Wan also has places to play, strolling on the nearby beaches, listening to the sound of the waves, and enjoying the tranquility of Tsuen Wan. Those who love adventure can choose to go hiking on Tai Mo Shan, where you can overlook the amazing scenery of Tsuen Wan and Kowloon from the top of the hill.

Tsuen Wan Super Zipper Factory, after one year and seven months of planning and construction, was finally completed and decorated.

There are 6 5-storey industrial plants, 1 R\u0026D building and 1 administrative building in the whole factory area.

The usable area of ​​each floor of the industrial plant is close to 5,000 square meters, so the total is a production workshop of 150,000 square meters.

Wu Guangyao and his wife Lin Yueru came to the Tsuen Wan zipper factory, accompanied by a group of executives.

"Mr. Wu, Director Lin, all the machinery has been installed and passed the inspection, and we can start work at any time." Wang Qiang said.

PG Zipper Company has been restructured. According to the western company management system, Wu Guangyao takes the post of president, Lin Yueru takes the post of director, and Li Bing and Wang Qiang take the post of vice president.

Although the historical development of Hong Kong Island was not like this, Wu Guangyao came from a later generation, so he naturally wanted to take the lead in making reforms, and he would not abide by the old rules of Hong Kong Island.

As long as it is an advanced system,

Wu Guangyao will take the lead in implementing it, so it doesn't matter what other people talk about.

Even if Wu Guangyao thinks the word "boss" is a bit out of class, now there are a group of managers who adapt to the Western system and call themselves "Boss Wu".

Walking into the production workshop, all kinds of automatic zipper machines are neatly and evenly arranged in the factory building.

The first batch of automatic zipper machines reached 300 units, and there will be nearly a thousand automatic zipper machines that will be shipped to Hong Kong Island one after another.

These zipper machines are not all of the previous style, there are many styles of automatic zipper machines, and some of them only produce special zippers.

In the past, zippers were mostly used for clothing, and an automatic zipper machine can solve all;

Now the use of zippers has increased a lot, such as bags, tents, boots, raincoats, car and boat covers, etc., so many special automatic zipper machines will be developed.

In addition to 300 automatic zipper machines, there are thousands of other large and small machines, which can be described as a real modern factory.

Although there are so many machines, labor is still necessary, and there are many more.

That's because the production efficiency of a machine is about 240 times that of the previous labor, so the labor will naturally ensure the logistics of the machine.

"Mr. Li, let's recruit people! Recruit 2,000 people first, and this factory can't be left idle!" Wu Guangyao said boldly after visiting for an hour.

"However, our market is not so big yet. Would it be a waste to recruit so many people?" Li Bing said cautiously. Although Wu Guangyao is the soul of PG Zipper, it is obvious that this decision is a bit reckless.

Although the demand for zippers in the United States is growing rapidly, the growth rate of PG zippers in the U.S. market is not fast because YKK zippers have been disturbing and digging the corners of PG zippers.

Of course, the market in Japan has increased, but in general, the output is only a little short, and there is no need to recruit so many people at once.

Wu Guangyao turned his head, saw that the executives and the middle management were basically there, and then expressed the decision in his heart.

"Have you ever thought about grabbing the market first, defeating your opponents, and then seeking to raise prices to make huge profits?"

The inspiration for this method, Wu Guangyao learned from the routines of the later generations of Dongying people!

After the 1960s, it was difficult for businessmen from other countries and regions to compete with Japanese businessmen;

Japanese merchants usually set the price of their products at the cost price, in order to defeat their opponents first, otherwise they will lose money.

After the opponent's company goes bankrupt or is acquired by a Japanese businessman, the Japanese businessman immediately raises the price significantly, and then seeks huge profits.

This kind of business method is very powerful, and it is not something ordinary people can resist!

For example, Zhou Wenxuan, the "King of Doll Noodles" of later generations, was defeated by Dongying Nissin Company in this way, and was then acquired by Dongying Nissin Company.

After the acquisition of Nissin Corporation, seeing that there were no competitors, the price of instant noodles was greatly increased.

In addition, Dongying's construction industry bids abroad, and they will join forces with the enemy to bid together, and they are determined to win!

After listening to Wu Guangyao's method, a management team did not express their position directly, but began to meditate!

"Mr. Wu, the cost of our zippers can be stabilized at 1.1 cents a piece, while the cost of Dongying YKK zippers should be 1.5 cents. Everyone adopts a combination of agents and direct sales. If we want to fight a price war, drag Defeat YKK, it will not lose money, and there is still about 20% profit. But in terms of pricing, we need to organize a lean cost department and finance department, so that YKK zippers have no room to fight back.” In the end, Li Bing was the first to affirm Wu Guangyao's plan.

Then more and more executives began to agree. Obviously, everyone felt that if this continues, YKK zippers will sooner or later rob PG zippers in the American market. It is better to have a decisive battle and defeat the enemy.

"The goal this time is to defeat YKK zippers and prevent the construction of their Kurobe Super Factory. As long as there is a delay of two or three years, then our follow-up nylon zippers will continue to defeat all zipper factories in the world. There are also those in the United States. If the price drops sharply, then we need to lower the price appropriately in other places as well, so as to reassure those customers! Mr. Li, I will leave it to you to calculate the pricing, and it must be accurate," Wu Guangyao said finally.

"Yes, I'll be accurate to a few tenths of a cent."

Next, it is conceivable that the Super Zipper Factory in Tsuen Wan will be bustling, and the number of workers here will increase to 5,000 within a year.