Chapter 439 The Best Direction
These senior executives of Universal Electronics were either poached from Britain and the United States to come to Hong Kong to make money, or they were middle class and intellectuals in Hong Kong.

How could these people possibly understand the business of selling smuggled goods at the bottom of Hong Kong?
If we call the people who manage the warehouse at Global Electronics, they will definitely know.

It is said that there are ways to make money, and everyone has his own way.

If the water is clear, there will be no fish.

Not to mention this era, even in the past life, whether at home or abroad, high-tech Internet companies and Fortune 500 companies would make news from time to time.

There are high-level and grassroots personnel who abuse their power to engage in corruption.

There is no other reason, it is just the evil nature deep in human heart.

These senior officials could not figure out Wang Deming’s purpose in talking about the Sino-British Street, so they did not respond.

Wang Deming nodded in satisfaction and explained, "The most popular electronic products in mainland China right now are electronic watches, electronic clocks, and various brands of radios, recorders, televisions, etc."

“The demand is not in the millions, but in the billions!”

“Just think about it, how big is this potential market?”

"Not to mention us, even Motorola in the United States, Sanyo and Panasonic in Japan are eyeing us covetously."

Seeing his men lost in thought, Wang Deming continued, "I sent someone to investigate. The daily shipment volume of Zhongying Street is in the hundreds of thousands or even millions."

"The only trouble is to allocate Hong Kong paper."

"But don't forget the bank under my name."

As soon as Wang Deming finished speaking, Smith immediately nodded in agreement and said, "Okay, boss."

"I will accept the batch of non-compliant products and sell them to the mainland through our channels."

"However," Smith quietly glanced at Wang Deming's face and suggested, "Boss, if the mainland wants to do long-term business with us, they still have to follow our production standards."

After listening to Smith's advice, Wang Deming was not angry but satisfied.

He has a golden finger that can read people's minds, and of course he knows that the truth hurts.

He knew at a glance that Smith was speaking from the bottom of his heart.

He smiled slightly, “Smith, how difficult is that?”

"We are giving the mainland a favor this time, but it doesn't mean we won't put forward any conditions."

"In the future, we will send our engineers to all the factories in mainland China that supply us to provide them with guidance and conduct random inspections of products."

"If the factories on the mainland are unwilling to do this, then we can only ask the Fourth Ministry of Machine Building on the mainland to step in."

He paused, "If the Fourth Ministry of Machine Building also refuses, then we won't discuss the subsequent cooperation!"

"But if the mainland factory agrees to send us engineers, you must select the right candidates!"

Wang Deming emphasized his tone and warned word by word: "If the mainland tells me that the employees we sent there think they are superior to others."

"Hey, then get the hell out of Universal Electronics!"

"And I will also issue a warning in Hong Kong not to hire these people! I wonder which electronics company in Hong Kong dares to offend me!"

Smith and others felt nervous!
Although Wang Deming didn't meet them often, he was always patient and respectful, and never said anything shocking. The senior executives of Hong Kong listed companies also had contacts with each other, and they knew the characteristics of many Chinese bosses in Hong Kong, who were not only stingy, but also liked to insult their subordinates.

When they were drinking with other friends and looking for girls in Lan Kwai Fong, they talked about Wang Deming's demeanor with sincere admiration and gratitude.

I feel really lucky to have a good boss.

Of course, Wang Deming’s golden finger also played a very important role in this.

Wang Deming was so serious this time that Smith and others dared not turn a deaf ear to him.

After Wang Deming left, they met in private first and became ruthless. If anyone offended the big boss, not only would the big boss take action, but they would also ban these people from the circle!
The best thing would be for someone to jump out first and make an example of someone else!
Smith went to Shenzhen on behalf of Wang Deming to receive the integrated circuit boards, and after negotiating with several domestic worker representatives, several companies immediately agreed to Global Electronics' conditions.

Several other companies followed the crowd and agreed verbally.

However, what they thought in their hearts was that they would only formally sign this condition after the approval of the higher authorities.

The factory representatives knew that their domestic superiors attached great importance to export and foreign exchange earnings, so they did not dare to interrupt cooperation with Global Electronics.

What worries Smith, the president of Global Electronics, is that the engineers that Global Electronics is going to send to the mainland to work have already been selected, but the domestic process takes too long.

Today they said that the factory has held a meeting to discuss the issue, reported it to the competent authority, and is waiting for the approval document from the competent authority.

I’ll tell you tomorrow, the competent authorities are still studying it.

The next day, the competent department will study it again at the next higher level.
In short, after much research, it was almost 81 and no results had been reached.

Smith had no choice but to apply for a meeting with the Fourth Ministry of Machine Building or a higher-level leader through Shenzhen’s external affairs department.

The mainland can afford to delay, but Global Electronics cannot.

In 81, Universal Electronics was about to sign a general agreement for the new year with electronics companies from Britain, the United States, Japan and other countries. If the mainland did not give any definite feedback, Universal Electronics would have no choice but to continue to renew its contract with the West.

If it really gets to that point and I report it to Wang Deming, he can only sigh in his heart and won't have any other thoughts.

Man proposes, God disposes!

Wang Deming's energy was already tied up in other things at this time. Otherwise, he would definitely return to the capital first and directly find the leader of the Fourth Ministry of Machine Building or his old leader in the State Council.

Whether in China or abroad, pushing things from top to bottom is always the fastest.

In capitalist society, there is an economic crisis every ten years. The most famous one is probably the Great Depression in the United States from 10 to 1927.

In addition, there was the US stock market crash that began in 89 and Japan's economic decline in 90, as well as the Asian financial crisis in 97, the US subprime mortgage crisis in 08, and so on.

The same is true in Hong Kong, where there is basically a stock market crash every 10 years.

In the stock market crash in 73, the Hong Kong stock market fell from a high of 1770 points to more than 140 points, a drop of 10 times; from 73 to 80, it took nearly 10 years to recover.

Hong Kong's stock market finally reached 1800 points again.

Whether it is Hong Kong society or other capitalist societies, there is a problem, that is, the desire for quick success and instant benefits.

So after finally waiting for the bull market, the Hong Kong people are starting to have a brain orgasm again!
However, the English devils and the wealthy people in Hong Kong have already sharpened their knives, and true and false news continue to spread in the stock market.

The leeks sold all their belongings, and some even went so far as to borrow high-interest loans from financial companies run by gangsters and rush into the stock market!

(End of this chapter)