Chapter 568: 553 The first VCD is born! Mr. Li's bad luck is against the sky
HSBC building, inside the CEO's office.
CEO Ainuoer's gaze was fixed on the curve of Watsons Group's stock plummeting on the computer screen, and the Cheung Kong Group stock on the side was also falling continuously.
Especially Watsons, it hadn't even been 1 hour since the afternoon started, and it had already fallen 10%.
This scene made his face increasingly solemn.
Five Star Group is simply too terrifying.
A casual sentence can make a 10-billion-level enterprise turbulent.
"Knock knock knock~~~"
At this time, the secretary knocked on the door and walked into the office, reminding: "Boss, it's time for the meeting."
Ainuoer took a deep breath, stood up, adjusted his tie, and walked towards the conference room.
At this time, in the conference room, all senior management had already arrived.
"Everyone!"
After Ainuoer sat down, his gaze swept over everyone,
"This meeting is about our HSBC's response to Five Star Bank."
"Now Director Director Director Guan Zu Zu has established Five Star Bank, although it is currently in the resource restructuring stage and hasn't officially started 'business', it can be imagined that in half a month or a month, Five Star Bank will be officially established."
"With Five Star Group's folk reputation, it is highly likely to trigger a run on major and minor banks later, and our HSBC will be no exception."
"Edson, you are responsible for asset-liability management, what is the current cash reserve as a percentage of total deposits?"
Edson answered: "Back to the big boss, half a month ago we started acting, selling or mortgaging various loans, securities investments, high-risk corporate loans, and real estate mortgages, and got back cash; currently, the proportion of reserve funds has risen from 10% to 30% of total deposits..."
Ainuoer shook his head: "30%, completely not enough! We must continue to sell, continue to mortgage, and exchange for cash."
Edson: "Yes! Then I will continue to sell some stocks of small emerging enterprises, low-rated bonds, etc., and exchange them for cash reserves."
Ainuoer said to Mike, an executive of the International Department: "We must mobilize funds from abroad as soon as possible; if Hong Kong dollars are not enough, we can only use US dollars to deal with the run."
Mike: "Yes!"
Ainuoer turned to another executive, Kaufmann: "The decision of the last meeting, we HSBC communicate with major clients, we give them preferential policies and financial service privileges in exchange for them not participating in the run, how is it going?"
Kaufmann: "We have negotiated about 10 billion in cash flow... but the difficulty is very high."
Why is the difficulty high?
Because they are also afraid that HSBC will have problems.
Now, whether it is HSBC or other banks, they all face a huge problem:
Banks absorb all the cash in Hong Kong and carry out commercial investments.
Funds flow in various enterprises, transforming into various operations.
Once citizens run, the bank has no money, and all enterprises will face the risk of having no money to use.
Finally, it will force these enterprises to mortgage assets to Five
In other words, Five Star Bank will rapidly become a major capital entity that surpasses HSBC... at least in terms of cash and various asset collateral, that is the case.
HSBC has been operating for over a hundred years, and it might be destroyed in an instant.
Of course...
The only thing they can use to comfort themselves is that the reputation of Director Director Director Guan Zu Zu and the Five Star Group lies even more with ordinary citizens... well, this isn't comforting either, because the majority of cash deposits come from this level. Those wealthy people are all about investment after investment, so they actually don't have much in cash deposits.
Time kept passing...
Numerous senior executives spoke one after another, proposing various response strategies, but they were all passive solutions to the problem and could not truly cope with it.
The atmosphere of this meeting was somber.
The same scene was happening in banks of all sizes across Hong Kong.
A banking storm was about to strike.
At this moment,
New Territories Hospital,
Dong Haobo sat in the consultation room,
He had followed Director Director Director Guan Zu Zu's instructions and rushed to the hospital early in the morning for a check-up.
After the check-up in the morning, he received the results in the afternoon.
And now, the doctor was looking at his test results.
"Mr. Dong... it is basically certain for now that you have lung adenocarcinoma..."
"Judging from the current situation, it should be in the middle stage... you need to undergo further examinations..."
Although Dong Haobo was mentally prepared, he still felt a wave of dizziness before his eyes.
Cancer!!
At this moment, sorrow welled up from his heart.
Back then, he was a rising star in the financial world, full of vigor, and then he misappropriated funds; because of a failed investment, he misappropriated public money and was thrown into prison.
His family was implicated by him, changing from a wealthy family to one in dire straits, facing economic hardship.
After being released from prison, he couldn't find a suitable job in society, and because of his guilt, he didn't dare to see his family.
Regret for a lifetime!
It was all the evil he had created himself!
"Doctor, if I want to get treatment, how much will it cost?"
"If it's expensive, it's the new type of special medicine, seventy or eighty thousand per session..."
"If it's cheap, it's chemotherapy, four or five thousand per session..."
If it were in the past, Dong Haobo would definitely have chosen the expensive one, but now, he didn't even want to spend the money on chemotherapy.
Dong Haobo took the medical report and left the hospital in a daze.
After 24:00 that night, at McDonald's, a group of "McRefugees" were spending the night at McDonald's.
His report fell from his schoolbag to the ground and was picked up by Shen Zai, who took a look at it.
"Brother Bo, you have cancer?" Shen Zai looked at Dong Haobo in shock.
Dong Haobo snatched the report away: "Don't talk nonsense, I don't."
"What? Cancer?"
"Bo, is it true or false?"
Numerous McRefugees gathered around, shocked, yet unable to help but care.
Dong Haobo hurriedly shook his head: "It's not me, it's not me, it's someone else..."
"No, it is you."
Shen Zai emotionally snatched the report sheet and showed it to everyone: "Look, this name, it's Brother Bo."
Shen Zai was young and ignorant in the past, lazy at home, and once, after being scolded by his pregnant sister-in-law, Shen Zai slapped her directly. Then he was scolded by his whole family; his self-esteem couldn't take it, so he ran away from home, swearing that he would definitely make something of himself.
Then... he was beaten down by society, eating one meal while hungry for the next, sleeping on the streets, and then he was told that the previous owner of his 'bed' had been bitten to death by a rat, which scared him pale. Finally, he followed Brother Bo and became a McRefugee.
Then, the first time Shen Zai followed Brother Bo, he took old shoes others had thrown away to scrub and sell as second-hand goods, and because he washed them too casually, he was scolded by Brother Bo... After experiencing various setbacks, he was constantly taught various skills by Brother Bo, gradually became sensible, and was also very grateful to Brother Bo.
He was extremely shocked, and even grief-stricken, about Brother Bo's cancer.
Brother Bo was the leader of the McRefugees, often introducing temporary jobs to other McRefugees, and he would also enthusiastically help anyone in difficulty. All the McRefugees respected him.
Now that Dong Haobo actually had cancer, it was hard for everyone to accept.
"Bo, what did the doctor say?"
"The doctor said it's nothing."
"Nothing my ass, tell us, how much money do you need? We'll scrape together a bit for you."
"I..."
Just as Dong Haobo wanted to refuse, one McRefugee after another had already taken out money and started stuffing it into his hands.
It wasn't much money, but they had basically given their limit.
Soon,
Dong Haobo's wife learned the news and quickly rushed from home to McDonald's. She scolded Dong Haobo severely and strongly demanded that he must go for treatment.
It was precisely because of this attitude from the McRefugees and his wife that Dong Haobo gradually firmed up his determination to seek treatment.
The next day,
The sun was bright.
Dong Haobo cleaned himself up, cut his hair short, shaved his beard, put on a suit, and came to Causeway Bay.
He was preparing to apply for a job.
Live one day at a time, earn money to support the family!
Standing under the Five Star Group building, looking up at this building.
This sunlight was a bit dazzling.
"Hey, handsome, what are you doing?" Tai Bao walked over with a cigarette in his mouth and his big belly sticking out, sizing up Dong Haobo.
Dong Haobo: "Hello, I'm here to apply for a job, Mr. Guan asked me to come over."
Tai Bao was surprised and sized up Dong Haobo.
He waved his hand.
"Go in."
Dong Haobo went all the way to the front desk, asked for the floor, took the elevator to the department where Five Star Bank was located, and found Fang Zhanbo.
Fang Zhanbo asked about the ins and outs; he didn't expect that this was an opportunity obtained while cleaning Brother Zu's car, and secretly thought, is this guy's luck this good?
Then he gave Dong Haobo some questions and found that Dong Haobo indeed had some level of competence.
"Welcome to the Five Star Group!"
Fang Zhanbo shook hands with Dong Haobo,
"Starting today, 3 months of internship, basic salary of 10,000, and then there will be performance bonuses... you know the industry rules."
Dong Haobo hurriedly said: "I understand!"
He was excited inside; finally, there was a company willing to employ him.
It seemed that life wasn't that difficult anymore!
Thank you, Five Star Group!
Thank you, Mr. Guan!
In a flash, 10 days passed.
Director Director Director Guan Zu Zu and Mr. Zhu came to the Dapu Industrial Zone again to inspect the Five Star Electronics Factory.
Today was an important day for the production of the first VCD.
At this time, the VCD technology possessed by the electronics factory had basically registered global copyrights, and the preliminary technical barriers had been established.
Next,
It could officially enter the production stage.
In the workshop,
Under the bright lights.
On the assembly line, the assembly work of the first VCD player was underway.
At the first station, the worker responsible for the assembly of the outer casing chassis quickly picked up the chassis and placed it steadily into the fixture on the assembly line workbench.
Next, the circuit board installation worker quickly pulled out the main circuit board and carefully aligned it with the chassis card slot and interface to insert it.
Then, the optical drive installation worker took out the optical drive, checked it, inserted it into the circuit board interface, and connected the data cable and power cable.
After that, the female worker picked up the button panel and accurately covered it on the corresponding position of the chassis and fixed it.
Ah Hui and the others all looked up to him with reverence: "Big Brother!"
It is worth mentioning that the electronics factory introduced Swiss ABB robotic arms, used for micro-motor rotor assembly, with precision improved to ±0.1mm, greatly improving the efficiency of the entire production line.
One step after another...
Continued to proceed.
Finally, a VCD was assembled.
The worker was seen picking up the completed VCD player, checking the installation of various components, and placing it in the inspection area... next was testing...
After more than 10 minutes...
This VCD was placed in front of Director Director Director Guan Zu Zu and the others.
The main body used black engineering plastic material, the surface had a frosted texture, and the top center was inlaid with the Five Star brand logo.
The body lines were square and hard, and the corners used small arc rounded transitions.
As for the burner, it had long been done, and the disc had already been made; it was the Five Star Film and Television movie "New World".
Then...
Open the tray, put in the disc, close the tray, read...
Play!!
Soon, the screen of "New World" appeared on the TV: on the boat, cement buckets, torture, the boss being hit to death, the confrontation in the hospital...
The picture, sound, and everything were all fine.
Then they tested functions like fast forward and rewind, and they all worked very well.
"Good!"
Director Director Director Guan Zu Zu clapped happily.
Gao Jin and the others also applauded one after another.
For a time, the entire factory workshop was filled with thunderous applause.
The first VCD was born, officially announcing that the video era was about to become a thing of the past!
Larger storage space, smaller volume, clearer picture quality, more convenient operation, more stable playback, wider compatibility...
These were all incomparable advantages of VCD!
Director Director Director Guan Zu Zu said to Gao Jin: "The first one is produced, the follow-up is to speed up..."
"The rewards for the engineers must be fulfilled as soon as possible!"
Gao Jin: "Brother Zu, don't worry, I have already drafted the rewards, and they will be distributed tomorrow immediately. I also added 20% on the basis of the original promise to them."
Director Director Director Guan Zu Zu: "Good! Also, you still need to find those film and television companies and buy the copyrights."
In Hong Kong, you definitely have to pay for copyrights, but it won't be much.
Gao Jin nodded: "I will as soon as possible!"
Director Director Director Guan Zu Zu: "It is December 19th now, and January 23rd is the Spring Festival... before the Spring Festival, we must launch the first batch of no less than 3,000 VCD players, as well as a large number of film and television discs on the market."
"At that time, give all employees of the electronics factory a big red envelope to have a good year."
Gao Jin nodded: "No problem!"
Director Director Director Guan Zu Zu looked at all the engineers and employees and said solemnly:
"The Five Star Group is a company with warmth; it will definitely lead all employees to grow together and get rich together!"
"I promise that at the end of every year, the company will take out 10% of its profits for employee dividends!"
As soon as these words came out, all the surrounding engineers and employees cheered.
"Long live the boss!"
Subsequently,
Director Director Director Guan Zu Zu also checked the inside of the electronics factory, the mobile phone research department with a higher security level, first checking the loyalty, and then checking the progress of technical breakthroughs.
At noon,
After having a meal in Dapu,
Director Director Director Guan Zu Zu got into the black Chevrolet and returned to Causeway Bay.
Tapping his fingers on his leg, he thought about what other major projects the Five Star Group currently had?
First, Central Plaza, to be settled at the beginning of the year, and move in. (Central Plaza is in Wan Chai, not Central, and still belongs to Director Director Director Guan Zu Zu's ultra-high support rate range.)
Second, the real estate project in the Sha Tin district, to be completed by the end of next year.
Third, over in the United States...
Fourth, mobile phone factory.
Fifth, the car factory in Guangzhou.
Sixth, over in Indonesia, need to start laying out.
Finally...
Most importantly, the bank opens next month, reshuffling the banking landscape of Hong Kong.
After Five Star Bank grows stronger, if international giants like Soros dare to come in '98, then leave the money for me.
The black Chevrolet drove south all the way.
Just when passing a road in Yuen Long, Ah Xing suddenly stopped the car.
"Brother Zu, someone is jumping off a building~~"
Director Director Director Guan Zu Zu: "???"
Looking out through the car window.
"Brother Zu..."
"Let's go, let's go down and take a look."
Saving a life makes one happy, there are system rewards, and there is gossip to watch.
Three birds with one stone.
Director Director Director Guan Zu Zu quickly got out of the car.
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PS: Setting: Li Jiacheng's luck is only small luck, not involving the supernatural.
(End of chapter)
End of Chapter
