What do you mean by quitting the business? I'm not a big shot.

Chapter 619 Giant Baby, Breaking Records

Yin Zhaotang laughed loudly and handed a cup of tea to Brother Hong: "With Shenghe and Hetu helping in the election, Mr. Hu's chances of winning the Kowloon District Council Speaker election will be two points higher."

"Liu Huangfa has suddenly become more conspicuous. Could it be that he's had a change of heart?"

Liao Zhihong shook his head, his expression strange: "It's definitely not. They must have asked a few big bosses for help, but they didn't get any, so they had to give in."

“He told me that Li Jiacheng had received the report on the new product and planned to sell it to Quan Ya Company in Taiwan.”

Yin Zhaotang sat down on the sofa, crossed his legs, raised his eyebrows and said, "All of Asia?"

"That's nothing!"

"But we should be more careful with the guy surnamed Li."

Liao Zhihong asked with concern, "Won't this affect Little Genius's market?"

Yin Zhaotang said, "Quan Ya can be considered the founding company of the learning machine category. With the support of Taiwan's innovation policies, it dominates the learning machine market in Taiwan."

“There is a company in China called Subor that is responsible for distributing its flagship product, ‘Little Professor No. 1,’ but parents have little desire to buy it.”

"It hasn't reached its full potential yet."

Liao Zhihong suddenly realized something and chuckled, "Is it because you can't play games?"

"Yes, a Little Professor machine imported into China costs as much as 1300 yuan. Only urban families can afford it. Parents spend two months' salary to buy the machine, and when they see that their children don't use it much, they're already being lenient by not returning it. Why would they recommend it to others?"

Although the parents pay for the machines, the users of the learning machines are the kids.

Purely educational devices simply cannot drive up usage rates.

The reason why Subor can sell 1 billion yuan worth of products annually is that it first accurately grasped the needs of young children, secondly, its marketing methods created a trend, and finally, it persuaded parents to spend money under the guise of learning machines.

From a business perspective, both the game's functionality and its perceived prestige are indispensable; prioritizing learning is putting the cart before the horse.

Liao Zhihong commented, "Launching a new product with gaming features shouldn't be difficult for Quan Ya, right? Zhonghe Electronics won't be able to start production for at least another year. Won't they be a step behind?"

Yin Zhaotang looked confident as he puffed on his cigar: "I dare to release the product, so why would anyone have a window of opportunity to copy it? The old factory has already opened two production lines, which can produce more than 7,000 units per month. It will be officially launched on the first of next month. The Hong Kong version is priced at 800 yuan, and the mainland version is priced at 1000 yuan, which is enough to expand the market."

"If the products sell too well, we can use this to generate buzz and elevate Chung Ho's brand image. With the new factory opening next year, producing 50,000 to 60,000 units a month won't be a problem. If Taiwanese businesses try to compete with us on scale, they'll definitely lose."

Liao Zhihong smiled and pointed at him, saying, "You're really something, you actually had a trick up your sleeve."

"When you're out in the game, you have to be prepared for anything. Even if Quan Asia has the money to expand production, without mainland permits, how can they compete with me just by relying on agents?"

"Uncle Fa understands the situation well, which saves us a lot of trouble." Yin Zhaotang flicked off the cigar ash, convinced that Liu Huangfa had gone to Li Jiacheng, but the result was good. There was no need to be demanding about the process; comparing prices before selling goods was perfectly reasonable.

“If there are no problems with the product launch, then I’ll be going now,” Liao Zhihong said. “There’s still a lot of work to be done in the campaign office.”

This year, Liao Zhihong temporarily withdrew from the election to focus on helping his father with his campaign. This is not a withdrawal from politics, but rather a change in approach to gain experience.

The position of chairman of the Heung Yee Kuk in the New Territories has always been a secure one. Those who hold this position may not retire until they become ill and unable to perform their duties, unless there are major changes in the political landscape.

Zhang Renlong served for over a decade in the previous two elections. Liu Huangfa should have served for twenty years, but he was forced to withdraw due to the struggle between conservatives and reformists.

If Liao Runchen's health permits, he can serve as chairman for at least ten years after becoming chairman. At that time, Liao Zhihong can inherit his mantle. Even if he doesn't become chairman, he can still serve as vice chairman. He is not lacking in opportunities to serve another term as a legislator. Instead of spending time helping his father prepare for the election, he can better inherit his father's network of connections and gain prestige in the process.

After seeing Liao Zhihong off, Yin Zhaotang returned to his office, finished reading the remaining documents, called his driver, and drove to Zhongyi Hospital.

After the Lunar New Year, Chingmy Yau was already past her due date and spent her days in the hospital's VIP ward awaiting delivery. Doctors predicted that the baby would be born in about three to five days.

These past few days, Yin Zhaotang has been paying extra attention to the situation, handling official business in the morning and going to the hospital to accompany her around 2 or 3 pm.

Although sitting in the hospital every day is boring, Chingmy Yau has family members to accompany her, so she doesn't lack manpower at all.

Out of curiosity and a sense of responsibility, he would stay glued to a chair in the ward from afternoon to evening, chatting with Qiu Shuzhen, watching TV, flipping through the newspaper when bored, or handling business by phone. Later that night, he would sleep in the next room and go to work the next day.

Something was strange today. As soon as he got into the car, he had a strong premonition and couldn't help but urge, "Ah Hui, drive faster."

"Roger that, Boss." Sha Hui floored the accelerator, and the convoy sped off to Hennessy Road, stopping in front of the Lianxing Building. The group of brothers hurriedly escorted the leader upstairs. Just as they stepped out of the elevator, they saw the obstetrics and gynecology staff pushing an operating chair and calmly leading the pregnant woman out of the ward.

Despite the experienced medical staff, Qiu Shuzhen, who had changed into her maternity gown, looked terrified as she sat in the chair. When she saw Yin Zhaotang appear, her eyes lit up with surprise, and she called out with a wry smile, "Mr. Yin!"

Yin Zhaotang's heart pounded, and he felt a little flustered. He looked at the doctor. The doctor, wearing a mask, said, "Boss, please move aside. It'll be quick."

Wow.

The sound of a wheelchair swept past their ears, and the medical team rushed into the delivery room without even stopping, just past the big boss.

An hour and a half later, the delivery room door opened, and the doctor took off her gloves and walked out of the room. The twenty-odd people waiting at the door immediately stood up and looked at the doctor.

It includes Zuo Shou, Ah Le, Egg Tart and other brothers, Chingmy Yau's family, Yin Zhaotang's mother, Zhou Huimin, and Rong Jiahui.

The doctor removed his mask, smiled, and announced the good news: "Congratulations, boss, it's a baby boy, 13.5 pounds, and he's in good health."

Yin Zhaotang was taken aback and asked, "So heavy, how is the pregnant woman's health?"

"No problem." The doctor looked relaxed, clearly indicating that the situation was fine.

Ah Le clapped his hands and cheered: "Congratulations, boss, it's a big, healthy boy!"

Vivian Chow looked somewhat worried: "13.5 pounds, which is 0.5 pounds heavier than Jackie Chan."

The average newborn weighs less than 10 pounds, but Jackie Chan weighed 13 pounds at birth, breaking the record for the heaviest newborn in Hong Kong and making headlines as the "giant baby of the century."

Aunt Mei took out a red envelope she had prepared beforehand, handed it over, and said, "Thank you, doctor, thank you."

She not only gave each of the medical staff a large red envelope, but also prepared one for each of her relatives and friends who came to give birth, which shows how happy she was.

With his left arm around the boss's shoulder, he said excitedly, "He broke the Hong Kong Island record as soon as he was born, boss, your son is something else!"

Egg Tart exclaimed happily, "My body will definitely be stronger than Jackie Chan's!"

Yin Zhaotang smiled, her lips curving upwards: "I hope so."

(End of this chapter)