Chapter 434: Net worth 20 billion

Of course DePriest knew that this thing was much more complicated than Joe the Soldier, otherwise how could the vice president of Hasbro be so restrained?

The OEM fee is what it should be. We have been cooperating for so long, can he refuse to buy the toy just because the OEM fee is too high?
Unless he's crazy!
Why worry about the price? Isn't there a cheaper and simpler version?

The Power Rangers will become the most coveted toy for boys and men!
He has this confidence.

Because his team has been clamoring to bring some back to the country first so that people in the company can see them first. Of course, some people also wanted to bring one home, but no one dared to bring it up.

Zhu Lidao:
"We have ordered some machines from Hans. Once we pay them, they will arrange for delivery immediately. This will take two months. We can arrange five production lines within two months. Three small ones are expected to produce 5 sets per month, and two large ones are expected to produce 3 sets per month. What do you think?"

Only 3?

This is not enough!

With such a large population in North America, this amount is totally not enough!
"Can't it be a little more?" DePriest felt that maybe the other party could only produce so much. After all, he generously offered to pay for it and let the other party raise the price.

Zhu Li glanced at Wang Yuanchao and continued:

"The small ones are $12 a set, and the large ones are $35 a set."

When Depriest heard the price, he found it was not beyond his expectations and said:
"We are talking about volume, price is not the point."

This price is comparable to the original price of the dark blue electric fan.

But the opponent didn't care. If he made a mistake, he could have gone higher!
After all, a small set only earns 5 US dollars, and a large set only earns 15 US dollars, which means you can only earn more than 22 US dollars a month.

DePriest certainly knew that Blizzard would raise the price of toys at this time, but this kind of toy, this kind of price, is not a problem at all. Given the complexity of this toy, even if it is a small one, it is natural that it is more expensive than Soldier Joe, right?
What he needs is to seize the market as soon as possible!
It's June now, and by the time Blizzard rolls out the production line, the summer vacation will be over!
Is it time that is lost? It is this year's profit!
Wang Yuanchao interrupted:

“If the production capacity is doubled again, what will constrain us?”

Zhu Li said in difficulty:
"House prices in Hong Kong have skyrocketed, and labor costs have also risen sharply. If we want to expand production capacity quickly, we will have to recruit skilled workers, and the cost will also increase. Moreover, the machines we have ordered from Hans can only meet this production capacity.

But we can send them another telegram to ask if it is possible to have more stock, or if some of the goods from other places can be transferred here. Otherwise, we really can only wait a little longer."

Depriest sighed. Your rent and labor costs have increased greatly, so haven't product prices also increased greatly? I won't say anything! The key is that these Hong Kong people are too petty. They only ordered so few machines. Are they afraid that they won't pay for them?
So he said:

"Go and ask quickly, otherwise what will you do if I give you a large order and you can't handle it?"

A moderate shortage of supply is definitely a good thing, but a severe shortage of supply will be counterproductive.

DePriest doesn't want to be complained by a large number of customers who can't buy the Power Rangers. The American people can really do this! Doesn't this damage Hasbro's reputation?

"There's one more thing!" Zhu Li said carefully, "If we still export toy parts as before, I'm worried that the United States may not have enough time to assemble them."

In the past, most of the parts for soldiers were exported from Hong Kong and then assembled in the United States, but now...

DePriest frowned. If the complete toy is imported, the tariff is quite high. But if the complete set of parts is imported and assembled in the United States, the assembly workers there will not be able to be released this year without skilled training.

Well, what I said just now was too confident. Now the Hasbro factory in the United States has become a key bottleneck restricting the speed.

He thought for a while and said:

"You should add what you need, Hasbro will place the order for you! I would rather have the parts piled up in the warehouse than let the factory wait for the parts. Isn't it?

In addition, we also ask General Manager Zhu to send a group of engineers to the United States to assist us in building the assembly line and help us train workers. "

This new toy was entirely developed by Blizzard. Blizzard has also studied how to mass-produce it, so they definitely need their help.

Wang Yuanchao looked at Zhu Li, and Zhu Li said:

"No problem, we can arrange production according to Hasbro's order!"

……

Blizzard Toys was listed on the Gold and Silver Association, giving up 20% of its shares to raise 1 million yuan to expand production capacity and meet the huge order from Hasbro in the United States. DePriest also helped and accepted interviews from major Hong Kong media, which was considered as an endorsement for this order.

All kinds of media either belong to Wang's family or Blizzard has already placed advertising business. In any case, Blizzard's IPO publicity is overwhelming, making sure everyone knows how much money Blizzard makes.

Blizzard itself has a lot of toy businesses, and has cooperated with Hasbro, Mattel, Disney, etc. With the new large order from Hasbro, the annual profit will reach 5000 million Hong Kong dollars!
So if you calculate it this way, Blizzard's P/E ratio is only 10! In other words, if you invest 1000 yuan, you can get 100 yuan in dividends every year! Even if you take out half of the dividends, you still have 50 yuan! It is a high-quality asset! It can be regarded as an heirloom!

At present, the Hong Kong stock market has been growing year by year. Not to mention the dividend income, the stock price returns have made everyone very happy. Therefore, once Blizzard's stock was launched, even though the horrific 618 flood had just occurred, it still attracted a rush in the market.

The face value is 1 million, and direct fundraising is 1.6 million, pushing the market value of Blizzard toys to 8 million Hong Kong dollars!
The 618 flood, as the name suggests, occurred at noon on June 6th. Due to insufficient compaction and poor drainage, a hillside of filled soil at Kee Liu, Kowloon (now Tsui Ping Road, Kwun Tong) slid sharply under continuous heavy rain due to saturation of water. Tons of mud quickly covered the Sau Mau Ping resettlement area under the hillside, submerging more than 18 wooden houses in the area and burying 70 people alive.

There were also many landslides and collapses in other places.

After the June 6 flood, people from all walks of life in Hong Kong launched donation activities. On June 24 (Saturday), TVB launched a charity show for the June 950 flood, inviting famous movie stars, Cantonese opera stars, TV artists and singers to conduct the first marathon fundraising event in Hong Kong TV history, raising HK$ million.

The popular Bruce Lee also participated in this fundraising event.

Several wives of Wang Yuanchao also donated generously, 10 yuan at a time. Anyway, Boss Wang would reimburse them!

Liu Qijin even donated 20!
Blizzard toys raised too much money for Boss Wang.

Without the added bonus of the new Power Rangers toy, there would be no new orders from Hasbro, and Blizzard's market value would be at most 3 million.

As expected, finance makes people intoxicated, and it is definitely stock trading that makes people rich.

Of course, Wang Yuanchao also quietly separated the Toy Research Institute from Blizzard, which is the core of the toy company. In this way, he is not afraid of Blizzard's stock being hyped up. On the contrary, he himself will gradually hype Blizzard's stock. There is no risk.

Shenlan Electric Appliances is not suitable for such speculation, because its production lines have high technological content and workers have high quality requirements. At most, 49% of the shares can be released to ensure that the ownership is not shaken. Otherwise, if there is a turbulence and the product quality is affected, it will be fatal. If the reputation is damaged, the orders will decrease and the company will slowly die.

This is the difference between an appliance company and a toy company.

But even if it is hyped up by 49%, it is still a scary return.

Wang Yuanchao has the patience to wait.

After raising funds, Wang Yuanchao continued to hoard stocks. Except for the funds to ensure production and life, all the property under his name was used to hoard stocks. The stocks of the Dairy Company and Heung Kong Land would soon start a war. At that time, it would be the prelude to the surge in Heung Kong's stock price.

So now is the best time to stock up. As for land, he no longer hoards it, he is waiting to harvest others.

Not only that, all the major banks would lend him money if they could, because he had many businesses under his name, and no bank was worried that he would not be able to repay the debt. Although the bank's interest rate has increased a lot recently, it cannot be compared with the skyrocketing stock price.

After that, Wang Yuanchao would also sell off all his stocks, cash out at high points, and wait for a sharp drop before buying all kinds of assets at the bottom.

He believed that after this round of buying high and selling low, he would become the undisputed first Chinese family in Hong Kong.

Others rely on analysis and prediction, and even if they are optimistic, they will stop when taking action. How can they compare with his open-book exam?
As for the securities department of Hong Kong Commercial Bank, it was busy helping Wang Yuanchao buy stocks and was already busy as a bee.

Even though there was a confidentiality agreement, when Wang Daheng started buying stocks, how could everyone not follow him? But after following him for a while, I found that Wang Daheng was buying almost all the stocks!
What do you mean?
Buying them all, no focus at all! Some company stocks have not risen as fast as the stocks of companies owned by Tycoon Wang!
If there is any pattern, it is that stock prices are all low.

Wang Ling was pregnant and couldn't participate in the beauty pageant, but she couldn't rest, or dared not to rest, after all, Wang Yuanchao's wives all had jobs or studies, so she focused on stock trading. This job was the easiest. She always insisted that she was good at math, and she found that this was really useful. In addition, the market was good recently, so she made a lot of money.

On July 7, Wang Ling gave birth to a son, and Wang Yuanchao named him Wang Hai.

After all, Wang Wang doesn’t sound very nice, and Hai means the vast ocean.

Suddenly, Wang Ling's residence was crowded with visitors. Colleagues and friends who were familiar with Wang Ling would definitely come to visit her, right? Even Liu Qijin and Lou Xiao'e came over with big bellies.

Lou Xiao'e is going to give birth next month, and Liu Qijin's belly is growing bigger as she is pregnant with twins.

There were either new mothers or pregnant women in the family, so Wang Yuanchao had to eat Zheng Juan in advance.

Although there are Chen Xueru and Lydia, and although he likes mature women, he can't always eat mature women, right?

(End of this chapter)