Siheyuan's Journey Through the Ages

Chapter 167 New Product Launch

Two weeks later, in the Peninsula Hotel banquet hall, the Malaysian Youth League spent NT$200,000 to book the hotel's largest banquet hall.

Looking at the traders of different skin colors from all over the world in the banquet hall, Ma Qing silently counted the number of people in his mind and found that there were about 200 people. He nodded secretly in his heart. It seemed that the money spent by this public relations company was not wasted. The publicity was in place, and at least the number of people attracted was qualified.

Li Yuanqing stood beside Ma Qing, looking at the various people in the hall, swallowed his saliva involuntarily, and was very nervous, "Boss, do you really want me to go up and introduce the product?"

"Don't be nervous, Mr. Li. You just came back from the United States and your English is much better than mine. Besides, apart from you as the general manager, is there anyone more suitable for product introduction?" Ma Qing comforted his general manager. After all, it does take some talent to show off in front of others, and Ma Qing feels that he seems to be a little lacking in this aspect. He has neither the talent nor the willingness.

"Mr. Li, the products are there. As a manufacturer, don't you have confidence in them? You just need to truthfully introduce the parameters of these products. Anyway, these agents will find the advantages of our products themselves."

"Don't worry, boss. I am very confident in our products. Our Kyoho brand will be famous all over the world." Li Yuanqing is not only proficient in management, but also has a background in science and engineering. When it comes to the product itself, this guy becomes confident.

Ma Qing nodded, turned around and handed him a glass of whiskey, "Drink it to calm your nerves. It's almost time. We'll officially start at 10 o'clock."

Li Yuanqing took the wine glass, drank it all, looked at his watch, and said, "Then I'll go ahead." He turned and walked towards the temporary press conference stand in the banquet hall.

"Dear guests, ladies and gentlemen, welcome to the global product launch of Hong Kong Kyoho Plastic Products Company..." After a brief adjustment, the old man Li Yuanqing quickly got over the awkward period of the speech, and fluent English continued to pour out of his mouth.

Watching Li Yuanqing performing easily on the stage, Ma Qing looked at the empty wine glass in his hand and couldn't help but sigh, some people are really born with a performative personality. Usually, Li Yuanqing looks very introverted and taciturn, but after drinking some wine, he brags loudly. This was discovered by Ma Qing when he invited Li Yuanqing to dinner.

When Ma Qing was watching Li Yuanqing on the stage introducing the product, he heard a familiar voice, "Mr. Ma, this is not authentic."

Ma Qing turned around and saw Zheng Yumian, Qi Zongyuan and Chen Xianbo standing beside him.

Chen Xianbo complained, "Mr. Ma, with our relationship, do we still need to go through the bidding process? You are really not nice."

"Mr. Chen, please don't say that. With the strength of your Chen Group, this bidding process is just a formality. Don't mind it." Ma Qing said politely, but he had no intention of giving in. Everyone is doing business, and face is worth nothing. "

Chen Xianbo had no choice but to say, "I believe in Mr. Ma's vision. We at Chen's will secure the agency rights for the Nanyang region."

Zheng Yumian and Qi Zongyuan looked at Ma Qing with resentful eyes. Zheng Yumian said, "Mr. Ma, you are really not nice. You just left me behind. Can you still invest in Jufeng Company? The price is negotiable."

Qi Zongyuan said, "Mr. Ma, is there anything that we at Kowloon Commerce did not do well that you actually left us out and found a regional agent on your own? If you are dissatisfied, please tell us immediately. We at Kowloon Commerce attach great importance to Mr. Ma's business."

Facing the two people's complaints, Ma Qing had already prepared a plan in his mind, "Don't worry, you two are my very important business partners. I am not a person who eats alone. I know that it is difficult to get fat by eating alone. Can you read the product introduction first?"

After listening to Ma Qing's explanation, the two of them didn't know what to say, so they had to calm down and carefully observe the new products of Ma Qing's newly opened company. The two of them observed the new products and discussed with each other, while Ma Qing stood aside and ignored them.

After Li Yuanqing finished introducing the product, "Mr. Ma, please leave some shares in your company for me. I'm very interested," Zheng Yumian said quickly.

"Mr. Zheng, do you really want to get involved? I'm afraid I'll disappoint you. I want to keep the shares of this company to develop new relationships. I'm afraid I can't do anything for an old baby like you." Ma Qing refused immediately. You, Zheng Yumian, are not my son. What are you thinking about taking you with me in everything?

"You should just manage the toy company well, and don't act like a nagging woman. In two months, I will have two newly invented toys for you. Can't you just be a good toy king?" Ma Qing comforted Zheng Yumian.

"..."

"Mr. Qi, you are an old trader. In fact, you should have seen the problem with our company's products. That's why I didn't ask Kowloon Trading to be the agent. You see, I didn't even ask my own Rongfa Trading to get involved in this matter." After Ma Qing finished taking care of Zheng Yumian, he started to fool Kowloon Trading again.

"What's the problem? I think there is a market for these products." Qi Zongyuan couldn't figure it out for a moment.

"Let me put it this way. The structure of these products is too simple. I have discovered a new market, but I cannot protect this market because anyone with a smart mind can bypass my patent. So once these products are on the market, there will definitely be many people imitating them."

Ma Qing explained, "For example, this plastic stool, as long as the structure is slightly changed, what can I do to others? And this spliced ​​children's floor mat, once the edge splicing structure is changed, the patent will be invalid."

Qi Zongyuan thought about it carefully and realized that this was indeed the truth. "Then what about Ma Sheng doing this..."

"I will increase the volume directly. Please pay attention to the price later. I will make it so that those small factories will not make any profit even if they copy my products. Rather than saying that I will use patents to guard the door, it is better to say that I will use costs to guard the door."

Ma Qing spread his hands and said, "Under such circumstances, how could I let the trading company take a bite of the profits? This bite of profit is the moat of our Jufeng products."

At this time, Li Yuanqing on the stage happened to tell the price of Kyoho products. The price was not cheap, and Qi Zongyuan looked at him with a puzzled look.

“Everyone, we will definitely take part in the launch of new products, but let’s be frank, the patent moat of these products is not rigorous and it is really impossible to do so, so the filing of Jufeng Company is…” Li Yuanqing paused on the stage and directed the staff next to him to bring out a few more products.

"We imitate ourselves. As long as similar products appear on the market, our Jufeng company's sub-brand, "Changhe" will make a shining debut. The "Changhe" brand will be Jufeng's low-end brand. Their design parameters will be one level lower than Jufeng. For specific product parameters and appearance, please see here..."

"..." Qi Zongyuan was speechless. You can still play it like this, right? "Mr. Ma, your trick is a bit vicious. I can foresee that many small factories will suffer heavy losses if they launch your products."

Qi Zongyuan secretly felt lucky that he had come to this investment promotion conference, otherwise he would be doomed if he had to represent similar products of other companies in the future.

(End of this chapter)