PNB Chapter 187 New Ways to Make Money
Chapter 187 New Ways to Make Money
After leaving the cookware company, Qi Tongwei, Ji Xianglin, and Du Xuejun immediately went to the machinery factory and the food factory for inspection and research.
When they arrived at the food factory, they found that the conditions there were almost identical to those at the cookware company they had seen before.
However, upon entering the machine factory, what one saw was somewhat disappointing.
"You can't always work behind closed doors. You need to go out and see what's going on, learn from those who are doing well, and study their advanced management experience and production technology."
In light of the current situation at the food factory, Qi Tongwei spoke earnestly to the person in charge.
"I think we can consider transforming into the production of electric machinery."
Now every household in all 16 villages of the township has access to electricity.
As people's living standards continue to improve, the demand for various types of electrical machinery and equipment will definitely increase.
As long as we seize this opportunity and adjust our production direction in a timely manner, I believe the machinery factory will definitely usher in a new development opportunity!
Faced with the less-than-ideal situation at the machinery factory, Qi Tongwei put forward his suggestions after careful consideration.
The next day, Qi Tongwei, Ji Xianglin, and Du Xuejun went to the brick factory, tile factory, flour mill, and timber mill.
The result after watching it was not ideal.
Although no business is failing or on the verge of bankruptcy, it is very difficult to increase revenue.
Neither of them has found a good way to increase revenue.
Qi Tongwei instructed the brick factory to improve quality, as the new town construction would require a lot of bricks, and the brick factory would inevitably take advantage of this opportunity to significantly increase its revenue.
New town construction requires virtually no roof tiles, so tile factories have no way to take advantage of this opportunity to significantly increase revenue.
However, many of the families whose land was expropriated are skilled at building houses and need some roof tiles, which can help increase their income.
The construction of new towns requires a lot of timber, and timber mills can take advantage of this opportunity to significantly increase their revenue.
Qi Tongwei, the flour mill manager, had no better ideas than to let them figure it out themselves.
The following day, Qi Tongwei, Ji Xianglin, and Du Xuejun visited the vegetable company, the food company, the sand pit, and the cement pipe factory.
"Mayor Xianglin, since you are in charge of enterprises, you should pay more attention to these enterprises in the township."
Comrade Xuejun, the Enterprise Office is responsible for managing the enterprises in the township, and we should also find ways to help these enterprises develop.
This year, our tasks are quite demanding; these companies need to see an increase in revenue.
Back in his hometown, Qi Tongwei made some requests of Ji Xianglin and Du Xuejun in his office.
"Yes, Mayor!"
Ji Xianglin and Du Xuejun nodded. Through these three days of investigation, the township head was very dissatisfied with the original enterprises in the township.
While sitting in his office pondering a problem, Qi Tongwei suddenly remembered VCDs.
VCDs have a market worth tens of billions; it's a very profitable business.
Qi Tongwei felt that he might be able to make a fortune using VCDs.
Moreover, VCDs are followed by DVDs, and with proper planning, DVDs can also generate substantial profits.
In that way, the construction of the new town in Biyun Township can be completed quickly, and the old town can be completely transformed, making Biyun Township a town comparable to a county seat.
That way, I might be able to get promoted to deputy director sooner.
Historically, VCDs are expected to be released in September of this year.
The world's first VCD was produced by Jiang Wan and Sun Yan, scholars who studied in the United States.
VCD is an audio-visual storage medium that enabled people to watch video programs at home and had a significant impact at the time.
VCD players were once widely popular in the market, but with the continuous development of technology, they were gradually replaced by higher-quality audio and video storage and playback devices such as DVDs.
Qi Tongwei thought it was possible to plan ahead and produce VCDs to make money, thereby raising more funds for the construction of the new town.
VCD is a combination of MPEG decompression technology, which can decode video, and CD.
VCDs have a resolution of 352x288 pixels and 25 frames per second, making them suitable for PAL television playback. Their overall resolution is approximately one-quarter of the corresponding television resolution.
The rise of VCDs was due to their low cost and convenient playback method.
In that era, video recorders used laser discs, which were expensive.
The advent of VCDs shifted the way home video playback was played from the more expensive videotapes to the more economical optical discs.
In 92, at the International Broadcasting and Television Technology Exhibition held in the United States.
An unassuming MPEG (image decompression) technology exhibited by the American company C-CUBE caught the attention of Jiang Wan, then general manager of Hanxi Modern Group.
He immediately realized, intuitively, that this technology could be used to store images and sound simultaneously on a small CD.
Subsequently, Jiang Wanmeng invested a total of US$57.
In September 1993, MPEG technology was successfully applied to audio-visual products, resulting in the development of a cost-effective audio-visual product—VCD.
In November of the same year, he and Sun Yan, an American of Chinese descent, jointly invested US$17 million to establish Wan Yan Company.
On November 25th, the world's first home VCD player was born at Wanyan Electronics Company in Luzhou, Shaanxi Province, thus pioneering a VCD industry with an annual output value of over 11 billion yuan.
However, Wan Yan Company failed to register design patents and related key technologies, which allowed foreign companies to exploit the loophole and charge them patent fees.
Jiang Wan and Sun Yan produced the world's first VCD in the United States in September.
It's early May now, and there are still more than four months until Jiang Wan and Sun Yan produce the world's first VCD player.
It might not be too late to make arrangements now.
MPEG was invented by the American company C-CuBE, and at the time it was just a very insignificant technology.
I might be able to buy this technology myself and also register the design patent for the VCD.
At that time, not only can we mass-produce and sell VCDs, but we can also collect patent fees from domestic and foreign VCD manufacturers.
From a technical perspective, the core technologies of VCD players include two aspects.
One is MPEG-1 video decoding technology, and the other is CD driving and data reading.
The production of VCD discs can also utilize the existing mature technology of CDs; the only difference is the data stored within them.
However, CD drive and data reading technologies are mostly overseas, so we still need to find a way to buy these technologies.
Qi Tongwei recalls that the VCD's mechanism was from Sony in Japan and Philips in the United States, while the decoder was from Goldberg in the United States.
Qi Tongwei wants to find domestic alternatives.
Eighty years ago, China's chip technology was on par with that of countries like the United States.
However, after entering the 80s, with the continuous progress of reform and opening up, the idea that it is better to buy than to make gradually became the mainstream, and the research and development of chips was no longer given as much importance.
China's chip technology has gradually fallen behind that of foreign countries.