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This building had cost Feng Yu quite a lot . But he felt the money spent was worthwhile . This was because this area was gazetted as Beijing business district .
In the future, many international and Chinese companies will set up their China’s headquarters here . This includes CCTV, the People’s Daily . This place will be China’s most famous business district . It can even be compared to Shanghai’s business district .
Also, the two prominent ancient Chinese characters on the building were huge . This building will definitely be a landmark here .
Of course, Wind and Rain Electronics does not need such a big office building . So, Wind and Rain Logistics, Aiwa Electronics, Wind and Rain Pharmaceutical, Bing City Machinery Company, and the rest of Feng Yu’s companies, set up their Beijing offices in this building . Tai Hua Supermarket Enterprise headquarters had also shifted their headquarters to this building .
The remaining empty floors of the building were rented out . Feng Yu was satisfied with the rents, and it was still the rentals in this era . In another 3 to 5 years, rents will increase by several folds . Those companies that rented offices in this building were 3-years short term lease . If they do not agree with the increase in rents, they can move out . There will be other companies who were willing to pay the high rentals .
The biggest office on the top floor was Feng Yu’s office . It was more than 500 sqm . In his office, there was a gym, a recreation corner, an entertainment corner, a resting area, and many other rooms for different purposes . There was even a private stairwell to the rooftop . This was specially requested by Feng Yu . He wants to build a helipad on the roof for his helicopter in the future .
The aviation regulations in China was stringent . But in a few years, the rules will relax, and people start to own private planes and airline companies .
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Feng Yu took the special elevator up to his office . Mei Zhigao picked up the phone on the table and called the room next door . “Boss has arrived . ”
Feng Yu walked towards the recreation corner . There was a bar there, and he opened a cabinet . There were all sorts of dried fruits and other titbits . He took a few plates of dried fruits and sat at the bar to wait .
Aiwa Little Tyrant’s Duan Yongping, Aiwa Electronics’ Xu Lihua, Wind and Rain Electronics’ Jiang Wanmeng, and a few other people entered . Feng Yu waved them over to have the snacks together, and Mei Zhigao left the room, closing the door behind him .
“Old Duan, what is this cordless phone you are talking about? We have brought all our engineers over . Just tell us what you need us to do . ”
Feng Yu was relaxed as he knew this project will surely be a success . In his previous life, Duan Yongping had left the Little Tyrant after falling out with them over the restructuring of the company .
But Duan Yongping was not in despair . He had the technical skills and understands the market well . He made use of his connections and got the license to manufacture cordless phones .
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In the past life, BBK cordless phones were very popular in China . They had occupied more than 70% of the market share . This product helped Duan Yongping amassed funds quickly and forms the foundation of the company .
Later, BBK Electronics introduces a series of products, including repeaters, reading machines, cellphones, etc . All of their products sold well in the market .
That’s why Feng Yu had confidence in Duan Yongping . In his previous life, this was the year when Duan Yongping set up BBK Electronics . Although it was a few months earlier, the company’s technological abilities were much higher than Feng Yu’s previous life .
Duan Yongping nodded and said to everyone: “Cordless phones have existed in other countries for many years . It is only a telephone that uses radio waves to connect the handset and the base station . The handset can still be connected dozens of meters away from the base station . This cordless phone is more convenient than the traditional telephone . This is not a difficult technology and has great market potential . ”
Xu Lihua tapped his cigarette ash into the ashtray and said to others: “We Aiwa Electronics can handle the part on radio waves . We are more familiar in this technology then the rest of you . ”
Although Aiwa Electronics currently only manufactures pagers and stock pagers, they started off with manufacturing walkie talkies . They might not be the best in China for this technology, but they were definitely better than Duan Yongping and the rest .
Also, Xu Lihua and his men had wanted to produce mobile phones . Feng Yu was also supportive of this idea . They could make use of this cordless phone to perfect their mobile phone technologies .
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Jiang Wanmeng added: “We are better in LCD and keypads . We can handle this part . ”
Aiwa Home Appliances person in charge said: “We are not as good as you all in those areas . But if you all need phone recording features, we are good at it . Or if you need any help with the speakers and receivers, we can also help . ”
After they finished, all of them looked at Duan Yongping . They will be handling all the critical components of this product . Then what will Aiwa Little Tyrant handle?
“We had accidentally developed a new technology which allows a base station to connect to multiple handsets . That means we can leave a handset in every room at home with only a base station . This way, no matter which room you are in, you will be able to pick up the call . My men are also good at radio waves . We are also able to help in this area . Also, I have conducted market research for this product . In the market, there is a huge demand for cordless phones . But the imported brands are too expensive . The cost of production of a cordless phone is not high . We can use low prices to compete against them . ”
How much does a cordless phone cost in China now? 1 to 2 thousand RMB! The leading cordless phone brands in China were Philips, Motorola . Panasonic and Siemens . Based on Jiang Wanmeng’s calculations, the cost of a cordless phone was less than 200 RMB . They even felt that the cost might be much lower due to those big companies’ economies of scale .
How much were their profits? Several times of its cost!
All of them who were present at this meeting had the abilities to manufacture this product too . With such high profits at stake, why not just produce and sell this product themselves?
The few of them discussed for a while and suddenly noticed Feng Yu had not said a word . They all quieted down and looked at Feng Yu .
Feng Yu put down the dried peach he was holding and wiped his hands . He then drank some water before pointing to a stack of documents on the table . “There . Those are the information send over by Philips . You all can take a look . ”
All of them were confused when Jiang Wanmeng suddenly opened his eyes wide: “Philips had given us their cordless phone technologies?”
“We are partners with Philips, and we agreed to share our technologies . Although this is not some new technology, it should help you all save a lot of time . Also, Philips owns some patents of these related technologies . These are also free for us to use . ”
All of them knew that this was not a new technology . The technologies Wind and Rain Electronics exchanged with Philips were also not the latest technologies .
“That’s great . Manager Feng, with this information, we guarantee that we will develop the best cordless phone in the world within 3 months!” Duan Yongping’s face had turned red from his excitement .
Feng Yu laughed . “I trust all of you . This cordless phone project will be headed by Duan Yongping . The rest of you can send some of your men to form a development team . When this project is successful, all of you will get the credit . You all will be rewarded handsomely!!”