I Want To Be a Rich Man on Hong Kong Island

Bill is a large-scale jeans manufacturer in the United States and the earliest loyal customer of PG Zipper. Of course, all of this is based on the high quality and low price of PG Zipper products.

Zhou Yiren, as the person in charge of PG Zipper America, visited Bill in person and announced Uniqlo's price reduction measures.

As an executive of PG Zipper, Zhou Jiren naturally understands the reason for the price cut.

Although the profit has been greatly reduced, Zhou Yiren believes that many zipper manufacturers will be down this time, especially YKK zipper may be seriously injured or even go bankrupt.

"Mr. Zhou, your PG zipper has dropped prices significantly. Could it be to deal with YKK zipper's offensive?" Bill had calmed down from the shock and ecstasy at this time. This PG zipper really spared no room in order to attack the opponent!

"Mr. Bill, the price reduction is not all about attacking competitors, but more about giving back to customers and establishing a win-win situation!" Zhou Jiren naturally wouldn't say that the super factory on Hong Kong Island has already started construction and is in urgent need of sales.

In the United States, no matter whether it is an old customer or a new customer, they all claim that they are produced by Xingdao Zipper Factory, so as not to be targeted by the US government.

In fact, the factory in Sing Tao cannot satisfy the American market at all, but it is produced in Hong Kong Island and then shipped from Sing Tao.

Bill didn't ask too much, whether it's Hong Kong Island PG zipper or Xingdao YGG zipper, as long as the price is low and the quality is good, then there is no need for me to be fussy!

More and more American zipper demanders are starting to embrace PG zippers, because the price is too low, and at this time there is no need to consider whether it is produced by Sing Tao or Hong Kong Island.

At the same time, the agents in the United States also received the notice from PG Zipper, but no one objected, because 20% of the profit was reserved; and PG Zipper promised that after the market increased, it would continue to increase the profit margin for everyone.

 …

When Tadao Yoshida heard that the price of the PG zipper had been cut again, he felt his eyes go dark. If the staff hadn't had quick eyesight and quick hands, he might have fallen to the ground.

The staff supported Tadao Yoshida on the chair and let Tadao Yoshida breathe slowly!

The first thing Yoshida Tadao said when he woke up was: "It's over!"

What Yoshida Tadao said is over, of course it is really over!

Yoshida Tadao in order to catch up with PG Zipper,

He did not hesitate to raise funds from employees, borrow huge sums of money from banks, and expand wildly.

Taking the Kurobe factory as an example, the investment amount is 10 times that of PG Zipper's Tsuen Wan factory, but the profit of YKK has always been far lower than that of PG Zipper.

Tadao Yoshida has calculated that if the previous profit model is followed, it will take five years for the Kurobe Factory to pay back the investment amount.

Unexpectedly, this time, the price of PG zippers was cut even more severely, directly dropping to about 1.5 cents.

If YKK follows the price cuts, there will be no profit, and a little more upside down. In just one year, the YKK zipper will collapse.

If you don't follow, then the market will be lost a lot, and the same can't survive for a year, and the bank will call for money.

If there is no Kurobe factory, Tadao Yoshida may still be able to persist for three to five years, or even exist forever, because there will always be customers who choose YKK zippers.

But for the Kurobe Factory, Yoshida Tadao borrowed huge sums of money from the bank, and now it has become a time bomb.

"What to do? What to do?" These three words have always surrounded Tadao Yoshida.

"What should I do?" The staff suddenly thought of Yoshida Tadao and asked.

Unexpectedly, Yoshida Tadao, who has always believed in the "virtuous cycle", finally couldn't hold back, and the super staff yelled: "What do I feed you for, ask me about everything, get out!"

.........

Hitachi Machinery

Hiroshi Ito was also aware of the crazy price reduction of PG zippers, and hurriedly paced around the office.

Hitachi Machinery is the major shareholder of YKK Zipper, occupying 48% of the shares (originally 51% of the shares, diluted 3% by financing from employees).

Especially this time, Hitachi Machinery started to invest a lot in order to prepare for the Kurobe Factory by Tadao Yoshida!

Hiroshi Ito saw that he couldn't think of a solution by himself, so he urgently called the executives and shareholders of Hitachi Machinery to ask about the countermeasures!

"The price of PG zippers does not leave room for YKK zippers to make profits at all, so YKK zippers must not be able to cope with it. In addition, Tadao Yoshida borrowed money everywhere for the Kurobe factory. If we do not stop losses in time, we will lose more, so I suggest suspending the mechanical production of YKK zippers." An executive said without hesitation.

The shares of Hitachi Machinery were basically snatched, and they did invest a lot in the later stage; if they stop producing zipper machinery now, it is better than continuing to fill in this hole!

"I agree, we don't know the development of the situation yet, so let's hold back and stop all investment in YKK zippers!"

The executives and shareholders were unexpectedly united, ignoring Hiroshi Ito's statement for a while, and said again, look at what you have done!

Itou Hiroshi wanted to get angry, but seeing everyone united, he restrained himself!

Back then, when I used tricks to annex YKK zipper, these people didn't have this attitude!

This is human nature, when you can bring them profits, they will respect you!

If they accidentally lose money, these shareholders can't wait to step down themselves!

 …

When Hitachi Machinery notified Yoshida Tadao to suspend the production of machinery and equipment, Yoshida Tadao couldn't help cursing: "Haka! This is the so-called ally. Before the matter developed, he chose to abandon his teammates! Hiroshi Ito, despicable villain !"

Yoshida Tadao wrongly blamed Hiroshi Ito, and Hiroshi Ito didn't want to give up in such a hurry!

At the beginning, Tadao Yoshida entrusted Hitachi Machinery, the major shareholder, to demand capital investment from Hitachi Machinery to tide over the difficulties. Unexpectedly, Hitachi Machinery would not give it any chance and stop investing directly.

Yoshida Tadao is undoubtedly a hero, this is the third time he has encountered a desperate situation in his life.

For the first time, in March 1945, there was a loud air raid by the U.S. military, and the factory that Tadao Yoshida had painstakingly managed for more than ten years was instantly razed to the ground. In desperation, he had to dismiss the employees, and gave each employee a severance pay ranging from 100 to 500 yen. Tadao Yoshida, who escaped from the fire, still has lingering fears, and temporarily lives in an old friend's house. Unwilling to give up, he went to the ruins of the factory every day to sort out some usable machines and parts.

The second time, in order to make a comeback, he borrowed a huge sum of money from the Bank of Japan to purchase Uozu Iron Works. At this time, the employees of the Uozu Iron Works rioted, and Japan declared defeat in World War II, and the national economy completely collapsed. The last hope in Tadao Yoshida's heart was extinguished. At 36, he let go of his entire staff.

In the first two times, Tadashi Yoshida rose against the trend and made a comeback. He is really a hero!

What about the third time?

Yoshida Tadao finally felt a sense of powerlessness, this time seemed more desperate than the last two times!

Often people can burst out with great potential when they have nothing!

But now, Tadao Yoshida had just climbed the peak and was about to celebrate when he was kicked off the cliff!

If it fails this time, it will definitely owe a huge loan, which is more deadly than the previous two times!

Although he had nothing in the first two times, at least he didn't owe money, but this time, he borrowed a huge loan from the bank for the Kurobe Super Factory.

If you declare bankruptcy, you will never be able to make a comeback, because Hong Kong Island PG Zipper will never give you this opportunity!

Tadao Yoshida felt desperate and could only watch the market being swallowed up by PG zippers a little bit. The bank also began to react and began to investigate YKK zippers several times.

Yoshida Tadao's black hair began to turn white in a short period of time!