Rise up Hong Kong! Build a super wealthy Zhuang family

Chapter 85 Observing the inland market

After about 20 minutes of driving.

Zhuang Rongxu and the others came to an old street.

People are coming and going on the street. Many pedestrians on the road are either carrying things or pulling carts. Those with more money may be able to ride a bicycle.

Pengcheng in the 1980s really gave Zhuang Rongxu a taste of the times.

At this time, Pengcheng and Xiangjiang are indeed incomparable. It can even be said that they are worlds apart.

In the inland in the 1980s, all facilities were very backward, and there were not many cars on the road. If there were any, they were public buses or trucks. Occasionally there are taxis passing by, but there are very few private cars.

"Boss, Pengcheng is the most prosperous place here at the moment. Do you need to park your car and go for a walk?" Long Yi asked Zhuang Rongxu.

"Everyone, what do you mean?" Zhuang Rongxu looked at the others and asked.

He didn't care. Anyway, he just wanted to look around and understand how Pengcheng was developing in this era and what the foreign population was like.

But at this time, looking at the flow of people on the street and surrounding shops, Zhuang Rongxu knew that the population here had begun to gradually increase.

After all, Chinese businessmen from Xiangjiang and other areas had already established factories earlier, as well as local development, making Pengcheng the first choice for migrant workers.

Although in the early 1980s, there were not many foreign businesses investing in the inland, Zhuang Rongxu knew that Pengcheng would take off within a year and a half.

By then, these flat lands will turn into high-rise buildings, either commercial buildings, residential high-rises, or hotels and shopping malls.

"Okay, we might as well go down for a walk."

"Yes, I also want to see what is sold inland and what are the prices?"

"Wait, do you want minifigures?"

"Yes, I didn't redeem it."

"Don't look at me, I don't have one either?"

When this question came up, everyone was dumbfounded. When they came over, they didn't even think about going shopping. So there will be exchanged for inland currency.

Moreover, there are not many banks in Xiangjiang where you can exchange for minifigures. Only a few banks such as Bank of China, Nanyang, and Gongshang can exchange for them. They think it is unnecessary, which is why none of them now have the currency here.

Zhuang Rongxu smiled when he heard this.

He nodded to Long Er in front of him. Then Long Er stood up and looked at the others and said, "Masters, I have tens of thousands of people here. If you need them, you can come and get them."

Long Er opened his wallet, and inside there were old 100-yuan bills with four heads that had just been issued, and there were also many ten-yuan face value minifigures.

"Hahaha, Mr. Xu, you are still thoughtful. I'll take two thousand and pay you back when I go back."

"Also a thousand."

All the young masters went to get the amount they wanted, and Zhuang Rongxu didn't say anything.

Soon they got out of the car.

The appearance of a large group of them on the street immediately attracted a lot of attention.

This group of people are either brightly dressed or dressed in suits and ties, and there is no shortage of tall and handsome people among them. They also have enough food and clothing all year round and are well-fed and well-fed. Even if they are not outstanding in appearance, they still have a certain temperament.

They were incompatible with the people on the inland streets now, and since they appeared in such a large group, how could they not attract attention and curiosity?

Zhuang Rongxu ignored the attention of passers-by and looked curiously at the street.

I saw that the streets were full of hawkers setting up stalls, and there were some very shabby shops operating on both sides of the streets. Although they were old, no matter what industry they were in, the shops were filled with people shopping.

It can be seen that the inland is indeed a completely undeveloped golden land. It can also be described as a wasteland waiting to be developed, and it is full of business opportunities everywhere.

"There are too many people on this street. Why do I feel there are more people than in Xiangjiang?" one of the rich second generation said with emotion.

"Mr. Chen, is this your first time coming to the inland?" Zhuang Rongxu asked him curiously.

This man is the eldest son of Chen Zengxi of Hang Lung Group, and he had a relationship with Zhuang Rongxu before.

"Master Xu, in fact, it is the first time for many young people here to come here. This time it should be that big changes in the interior are announced, so each family will bring their children here to learn." Huo Zhenting responded.

"Oh, that's it."

"By the way, Brother Huo, what do you think about investing in the inland?" Zhuang Rongxu asked him curiously.

"Master Xu, do you plan to invest in the interior?"

Zhao Shizeng, who was standing next to him, asked Zhuang Rongxu curiously.

"In my opinion, investing in the mainland now is the same as taking money and throwing it into Victoria Harbor. Don't be stupid. Look, the city center is like this now. Is there anything worth investing in?"

One of the young men pointed to the street and said.

Judging from his virtue, it seems that he despises everything here.

Zhuang Rongxu heard this and did not refute him, because time would defeat his lack of knowledge.

He did not refute, but one of them still refuted him: "Master Xu, what you said is wrong. As the saying goes, roads lead to wealth, so a large number of people is naturally the best business opportunity."

"Do you know how many people live in the interior?"

The person who refuted the eldest young master of the Xu family was Huo Zhenting of the Huo family. At this time, he said with disdain.

"I know, close to a billion."

"The registered record is 1 billion, and there are still many areas where people have not been registered in the census. So in my opinion, the inland is a place full of business opportunities. Just take a look. Time will tell everything. I think internally Lu is very optimistic about this place.”

Hearing Huo Zhenting's words, Zhuang Rongxu glanced at him involuntarily, thinking at the same time: "As expected of a member of the Huo family, Mr. Huo is as shrewd as a fiery vision, and he can see far enough."

However, for now, although there are many people in the inland, it is indeed not the most suitable time for investment. Although there are indeed many people here, they are generally poor.

Even though there are one billion people registered in the interior, at least 70% of households are from rural areas. These families are so poor that they have no way to support themselves, so where do they have the spending power?

Among them, 30% of the households include migrant workers, people working in some departments, and others. These households also account for more than 25%. These families can barely make ends meet, but it is absolutely impossible if they consume too much.

So after calculating this, the number of truly wealthy families in the entire Dragon Kingdom is definitely less than 5%.

Therefore, judging from this, if Zhuang Rongxu's company's Walkman products were to enter Longguo and open sales channels, sales would definitely be bleak.

It costs HKD 999 per unit. Based on the exchange rate of 1-8.3, it would cost more than 820 people to replace it with minifigures. What is the monthly salary of an average inland worker now?

If Zhuang Rongxu remembers correctly, the number is 50-60, and the average number of better workers will not exceed 100 per month. Even if you are the person in charge of the work of the government department, they only have more than 100 jobs...

Therefore, if his product is sold inland at this price, what will be the sales volume?

He will definitely die a tragic death.

He will not gamble with the reputation of the Walkman. He has finally raised the brand awareness of his product, and he will not do anything to slap him in the face.

He has also planned that it will take at least a year or two for the Walkman products to enter the mainland.

His current investment will only be to build a factory there, and will not make any other investments.

It's not that he doesn't support inland development, but from his perspective as a businessman, the inland at this time is really not suitable for foreign investment in other industries.

It is most practical to rely on local businessmen to open these channels themselves.

"Brother Huo, considering your situation, are you also interested in investing here?" Zhao Shizeng asked curiously.

"Of course I want to, but I don't have the money."

"Okay, okay, let the older generation handle the investment. It's rare to go out for a walk and not talk about work."

"Yeah, let's go and see what delicious and fun places there are inland."

A group of people nodded and then walked into the inner street.

Zhuang Rongxu observed the operations of shops from all walks of life on the street. In large industries, he found that except for one or two relatively new department stores occasionally, the others were almost all private brands.

There were also some electrical appliance stores that he cared about most, but they were all very ordinary items, like none of the stores that bought large home appliances and electronic products.

Made him very curious.

In fact, Zhuang Rongxu has no idea that in this era, if you want to buy large electrical appliances or imported electrical appliances in the mainland, apart from designated stores, they are only available in department stores.

How can you see streets like these?

Now I want to buy large electrical appliances, and there are places where they can be imported. I'm afraid there won't be more than ten in the entire Pengcheng.

"Xuzai, what are you looking at? You didn't say anything along the way. Tell me honestly, are you coming to the inland for investment this time?"

Zhao Shizeng, who was standing next to Zhuang Rongxu along the way, was indeed paying attention to him.

Zhao Shizeng had a purpose in approaching Zhuang Rongxu this time, but it was not a bad idea.

"Mr. Zhao, you have been staring at me for so long along the way and hesitated to speak. You must not have fallen in love with me, right?" Zhuang Rongxu teased him with a smile.

When he was in the guest house, Zhuang Rongxu felt that there was something different about Zhao Shizeng. Along the way, he did notice that he wanted to talk to him many times, but he always hesitated.

Zhuang Rongxu didn't ask further. He wanted to see how long this guy could bear to ask him.

"Damn it, Mr. Zhuang, don't talk nonsense. If your words are spread, do you know how many beauties will be hurt by your words." Zhao Shizeng said stinkingly.

"Okay, tell me if you have anything to say." Zhuang Rongxu didn't have time to play word games with him.

"Okay, Mr. Zhuang, I heard that your Dingsheng company has plans to go public, right?" Zhao Shizeng asked Zhuang Rongxu very seriously.

He had wanted to ask Zhuang Rongxu about this for a long time. He had thought about it for a long time and had also investigated Zhuang Rongxu's company. He was very sure that Dingsheng Company had great potential, so if Dingsheng was to be listed, he would definitely invest in it, so he would so.

After Zhuang Rongxu heard this, he turned his eyes and looked at Zhao Shizeng: "Who did you listen to?"

"The media is reporting this every day, do I still need to listen to what others say?" Zhao Shizeng responded.

Zhuang Rongxu smiled at him: "I have no plans to go public. You are overthinking."

"Young Master Zhuang, I am serious."

"I'm serious too." Zhuang Rongxu responded immediately without any hesitation.

"You really don't plan to go public?" Zhao Shizeng asked again doubtfully.

"Okay, Mr. Zhao, I promise you, I will notify you if my Dingsheng company is going to be listed."

"really?"

"You have no joke."

"Okay, it's settled."

"Do I need to say that a horse is hard to catch?" Zhuang Rongxu teased Zhao Shizeng again.

"Hahaha, you guy."

Then Zhuang Rongxu and his group continued to stroll on the street, and Zhuang Rongxu also noticed that this era was suitable for industries selling inland.

Along the way, he discovered that those foreign-style things, as well as cheap foreign clothes and department stores, were very popular.

He thought it would be a good idea to open up the inland market by setting up a branch here first and slowly forming sales channels. After his branch here has a certain scale, he will wait for the inland development to be better.

His other products can come over.

In this way, there is no need to wait until other companies develop before slowly coming over to develop.

Department stores and foreign-style things can be developed by Hutchison. As for clothing brands, he can invest in Dingsheng Company.

His current investment plan in the inland has basically been determined, and the cost will not be very high.

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