What do you mean by quitting the business? I'm not a big shot.
Chapter 620 "Return in Glory"
Chapter 620 "Return in Glory"
The following day, Tsim Sha Tsui East.
Chingmy Yau has moved into the second bedroom to recuperate after childbirth, while Aunt Mei has suspended her work at the restaurant and is staying home with two maids to take care of the baby.
The big boss was overjoyed with the birth of his son and took a three-day holiday to distribute red envelopes. Every employee of the Zhongyi Group and every member of the gang received a 100-yuan red envelope.
The company distributed over five million yuan in birth bonuses alone, and the employees were overjoyed. The group's listed company, "Feima Apparel," rose by two points at the opening.
With his left hand resting on the sofa, holding the remote control, and his hands crossed behind his neck, he said, "Boss, stock market investors are really kind-hearted; they've paid your red envelope for you."
Yin Zhaotang walked out of the bedroom, holding a baby bottle in his hand, and handed it to the maid. He laughed and said, "It's because the group has a strong cash flow and the market is optimistic about our business."
Many listed company bosses throw extravagant weddings for their children, causing a great stir. This is strongly correlated with their stock prices, as it's a way of demonstrating their power to the public.
Yin Zhaotang had no intention of using this opportunity for hype, but the fact that a large group has a successor is a major benefit for shareholders, his brothers, and employees.
Pegasus saw a slight increase, which aligns with market sentiment.
He pulled out a newspaper with his left hand and said, "Ta Kung Pao also deserves credit. More than a dozen left-wing newspapers published the news of your childbirth."
"Even a big boss having a baby becomes big news!"
Yin Zhaotang was busy settling his girlfriend and taking care of the children all morning and didn't have the energy to read the newspaper. He picked up the *Ta Kung Pao*, and the front page featured a record-breaking "giant baby" story, with Jackie Chan offering his congratulations.
The last person to break a record and make the newspapers was someone who used their weight to achieve this.
He is now a world-class movie star.
The new record holder, the only son of a large conglomerate owner and the son of a preparatory committee member, certainly deserves to be celebrated. After Ta Kung Pao published the headline, many newspapers followed suit, creating buzz and sparking heated discussions among citizens, which naturally led to a rise in the stock price.
Yin Zhaotang put down the newspaper and said helplessly, "That's just how Hong Kong is. From a city that can house five or six million people to the smallest family matters, nothing can escape the notice of cameras and newspapers."
With a mischievous grin, Zuo Shou said, "Hehe, it's paparazzi culture. There aren't that many big news stories, just photos of celebrities' lives and gossip."
"They're here to share good news, which benefits the company. Boss, are you going to give them a red envelope?"
Yin Zhaotang nodded and said, "One thousand for the editor-in-chief, one hundred for the paparazzi, and by the way, pass on a message. It's fine to announce the birth, but from now on, don't film the 'triumphant return' life."
He pulled out his phone with his left hand: "Understood!"
After reviewing the family genealogy, it was found that the Yin family ranked their generations according to the order of "Li, Zhao, Rong, Chao, Shi, Wen, Fang, Yun". The previous generation was "Li" and the next generation was "Rong".
After a moment's thought, he made a decisive choice and adopted a name that was highly symbolic of the era—"Returning in Glory."
May they return in glory and prosperity!
Don't underestimate this name. Without the words "returning in glory," the left-wing newspaper Ta Kung Pao might not have published a celebratory article, and the citizens might not have been stirred up to discuss it.
It was even more impossible for Yin Ronggui to become a celebrity in Hong Kong as soon as he was born, or even to reach the ears of the emperor and the master of the South China Sea.
Because a child's name has always carried the wishes of the parents, some ordinary people pursue fashion, while others consult the birth date and time.
However, those born into political families are more likely to have their aspirations, stances, and expectations etched into their names. From ancient terms like "inheriting the family business," "carrying on the family line," and "glorifying the lineage," to modern terms like "Long March," "founding the nation," and "aiding Korea," people named "Huang Changzheng," "Sha Ruijin," and "Li Yuanchao" are far more famous than those named "Dog Egg," "A Niu," or "Little Handsome."
Given the traditional political practices, Yin Zhaotang, who has already transitioned into a political figure, naturally chooses to follow the established order. His future career advancement, aided by this "glorious return," will be far greater than that of "Zeju" and "Qigang."
It's all beneficial and without any harm, so of course the father should give his eldest son a good name.
After explaining the instructions for her left hand, Yin Zhaotang returned to the room and continued to massage Qiu Shuzhen to help her express milk.
Perhaps because the nutrition team took such good care of her, A-Zhen suffered from severe breast engorgement. Taking advantage of being in postpartum confinement, she specifically asked him to help relieve the engorgement. He had been busy since early morning, his breath reeked of milk, and he didn't even need to eat breakfast; he was even feeling dizzy from the milk.
After waiting for the boss to finish his work, Zuo Shou handed him a cigarette on the balcony and said, "Boss, a friend at the newspaper is doing me a favor; he has some news."
Hutchison Trust invested HK$230 million to acquire 27% of the shares of Quan Asia Electronics in Taiwan, becoming the third largest shareholder of Quan Asia Electronics.
Yin Zhaotang looked surprised, took a deep drag on his cigarette, and said coldly, "Li Jiacheng may not have the guts to run an electronics business, but he has a lot of guts to acquire companies and make things difficult for me!"
The estimated sales of Quan Ya in Taiwan are over 500 million. Spending 230 million to buy 27% of it is considered a high-price takeover, and they don't even want management control.
Taiwanese businesses are not only happy to sell, but the Taiwanese authorities are also pleased with the outcome. With Li Jiacheng's endorsement, Quan Ya can further change its sales model and officially enter the domestic market.
He frowned and asked, "Should the Chinese version be released earlier?"
"Don't disrupt the plan. Stick to the agreed-upon schedule, but increase the advertising and marketing budget by 20%. Also, for the Hong Kong version, we'll be including a million-dollar prize draw, with one hundred first-prize winners, each receiving ten thousand dollars," Yin Zhaotang said slowly, fiddling with his cigarette butt.
Although Li Jiacheng has already invested real money in the battle, Zhonghe Electronics has a first-mover advantage and is not in a hurry to go public.
Production capacity is one thing, sales are another.
In the late 1980s, establishing a comprehensive domestic market network was extremely time-consuming and demanding.
Even setting aside rural towns, establishing a designated distributor in a prefecture-level city is an extremely difficult task. The vast market, like undeveloped fields, requires continuous cultivation.
Lao Zhong dispatched more than 30 business managers, spent over 4 million yuan on public relations, and it took more than half a year to finally secure distributors in coastal cities and major northern cities. Except for Guangdong, Hainan, and Guangxi provinces, which were designated as official sales areas, all other cities had to be handled by local agents.
Furthermore, the advertising contracts with the TV stations have already been signed, and the listing, sales, and marketing must be coordinated in a well-paced manner.
The Hong Kong Island market is smaller, making adjustments easier. Investing more money in marketing is definitely a safe bet. As for the "Million Dollar Lottery Scheme," it was originally designed exclusively for mainland China, and the advertising slogan was already set: "Own a Little Genius, become a millionaire!"
By linking learning with earning money, conducting large-scale prize draws and marketing campaigns, generating buzz, and ensuring market share, the company aims to maintain its leading position in the market.
The Hong Kong Island promotion mainly focused on Jackie Chan, spending six million on endorsement fees and launching the advertisement "Hoping your son will become a dragon, little genius".
After Li Jiacheng took action, in order to avoid being accused of "unfairness," the same plan had to be added to Hong Kong Island as well.
Although the effect of HK$10,000 in Hong Kong Island differs from that in mainland China, it is better than nothing. As soon as the Little Genius No. 1 was launched, it became a best-selling product in the Sham Shui Po Electrical Appliances Street, with 7,000 units shipped in one day.
(End of this chapter)
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