Chapter 103 New Motorcycle R&D Center

Although 100 million Hong Kong dollars is very valuable now, its value will drop significantly in ten years.

When Hong Kong real estate was at its peak, a stone thrown on the street could hit a billionaire.

Therefore, a charitable fund of HK$100 million to be distributed over ten years is just a marketing topic.

A few days later, Tiantian Daily published an exclusive interview with Liu Yanxin.

Although the circulation of Tiantian Daily has reached 100,000 copies, ranking first in sales, Liu Zhicheng would not give such an attractive topic to other companies.

"One hundred million Hong Kong dollars, the birth of Hong Kong's first philanthropist" is the headline of the Tiantian Daily, but it seems to have no appeal. But the subtitle is: 100.

The world is bustling with people seeking profit. In Hong Kong, a big city of decadence and extravagance, so many zeros are always the most eye-catching.

The reporter reported that Liu Yanxin is a retired civil servant in Macau, and at first glance he looks like a corrupt official.

Fortunately, the report also introduced his son Liu Zhicheng, otherwise it would really attract the attention of relevant parties.

Now an ordinary worker in Hong Kong can earn at most 1 Hong Kong dollars a year without eating or drinking. The total salary of 1 workers who work hard for a year is only million Hong Kong dollars.

If you spend HKD 1000 million to buy real estate in Hong Kong, you can buy at least houses. You know, owning a house in Hong Kong is the lifelong dream of many people.

Therefore, as soon as the report came out, Tiantian Daily was snapped up by citizens as if it were free. Other media in Hong Kong also reprinted it and sent reporters to interview Liu Yanxin.

Although the vast majority of media outlets were full of praise, there were also voices of doubt: it was just a game of words.

Investing HK$100 million over ten years may seem like a big deal on the surface, but there is something fishy going on. It may be the first year or it may be the last year, and the difference is huge.

After reading the report, Liu Zhicheng just smiled and said nothing. However, Liu Yanxin arranged for people to announce the donation plan, nipping all doubts in the bud.

…………

Today, Liu Zhicheng came to Chigo International to attend a meeting and listen to the work report of Chigo International.

Huo Haiqing accompanied him to the meeting as his technical assistant, and of course Han Chunxi also attended the meeting.

"Mr. Liu, our fan orders have reached one million units. In addition to our own use, we also sell motors to our peers in Hong Kong. Our production capacity has reached two million units," Niu Guangli reported.

There is still a large motor manufacturer in Hong Kong: Johnson Motor. It will be very successful in the future, with an annual motor production of 10 billion units.

What a concept! Even if you make one Hong Kong dollar from each piece, it would be 10 billion Hong Kong dollars.

Liu Zhicheng thought for a moment and said, "Mr. Huo, the Motor Research Center needs to expand its scale appropriately and be able to provide more models of motors to the market."

Liu Zhicheng turned his head again, looked at Niu Guangli and continued, "Mr. Niu, the motor needs to set up a special business unit to operate independently. Whether to set up an independent company will be discussed later."

Huo Haiqing and Niu Guangli nodded to show that they understood.

"Mr. Liu, our engine research and development work is advancing towards 90CC and 100CC at the same time. There will definitely be major breakthroughs in the next few months." Huo Haiqing said.

At present, Chigo International has mastered the production technology of 70CC motorcycle engines and is developing 90CC and 100CC engines, both of which are single-stroke engines.

Liu Zhicheng did not dare to make a great leap forward. If he asked them to move into two-stroke engines now, they would have to conquer the entire series of engines below 110CC before he would allow them to move into new fields.

Liu Zhicheng thought of the electric start of motorcycles in his previous life, and said, "RB motorcycles now have electric start. We must start research and development of this work immediately and cannot fall behind others."

"After I go down, I will arrange personnel to set up a project research team." Huo Haiqing replied.

Then Niu Guangli reported on the motorcycle work and said, "Mr. Liu, Chigo's motorcycle sales are going very well. Currently, we have shipped 2,000 units per month."

"Well, did you find any problems during the sales process?" Liu Zhicheng nodded and asked.

"Mr. Liu, according to the feedback from dealers, there are still problems with our entire vehicle. It is not only unsightly, but also extremely unstable when driving at high speeds," Niu Guangli replied.

"It shows that our vehicle design capability is insufficient. How did you solve the problem?" Liu Zhicheng asked. Motorcycles are related to his northward strategy, so he is particularly attentive.

"We originally wanted to introduce a vehicle design laboratory from RB, but were rejected. Later, we had to turn our attention to Europe. With Liu Xiaofang's recommendation, we contacted Piaggio in Italy."

Italy has many world-renowned motorcycle brands, such as Ducati, Piaggio, etc. Among them, the Vespa brand under Piaggio should be well known to many people.

Because in the classic love film "Roman Holiday" which was broadcast in 1953 and became popular all over the world, the beautiful heroine Audrey Hepburn rode a Vespa 125 scooter when traveling in the film.

RB's four major motorcycle brands have conquered the global civilian market, forcing European motorcycle manufacturers to retreat step by step and being defeated in the mid- and low-end markets.

Because compared with the cheap, beautiful and durable RB motorcycles, the competitiveness of European motorcycles is not very high. In his previous life, Liu Zhicheng had basically never seen European brands in the low-end market. Of course, they still have a certain share in the high-end market.

"So what is the situation now?" Liu Zhicheng asked.

"We have reached a preliminary agreement. Please give us instructions today, Mr. Liu." Huo Haiqing took over and said that this was a research and development job, which was under his jurisdiction.

In the past, Piaggio would build a factory in Nanyue Province in cooperation with a Nanyue manufacturer in 1993. However, due to the unfamiliar climate and local conditions, the products produced did not have much influence.

The enemy of my enemy is my friend. The RB people are not selling, but the Italians are selling, because their days in Southeast Asia are not going well.

As soon as Huo Haiqing and his team sent someone to contact Piaggio, they expressed their warm welcome. This is why Chigo International was rejected by RB but did not care too much.

"Mr. Huo, you have to handle this matter yourself and bring the R&D center back at all costs." Liu Zhicheng thought about it and made the decision immediately.

After the meeting, Huo Haiqing led the team and flew to Italy overnight for negotiations.

Piaggio is a family business, and its current head, Piaggio IV, is rather conventional.

Under his leadership, he once dreamed of entering the Southeast Asian market, but facing the attack of RB motorcycles, he could not come up with many countermeasures.

Because he expects the Southeast Asian market to become the world's largest motorcycle market in the future, far exceeding the current European market.

In response to Chigo International’s visit, Piaggio hopes to further cooperate with Chigo International and continue to make a difference in the Southeast Asian market.

However, Chigo International only hopes to introduce the equipment and processes for motorcycle design and development, and does not want to build a factory in a joint venture with Piaggio.

They are mainly European products, which are not in line with the aesthetic tastes of people in Southeast Asia. Scooters look petite and delicate, but motorcycles in Southeast Asia are mainly capable of carrying cargo.

Therefore, in the eyes of most Southeast Asian people, European motorcycles are not as economical as RB motorcycles.

As soon as Huo Haiqing and his team arrived in Italy, they directly proposed cooperation in design and development.

"We hope to first cooperate in design and development to develop motorcycles suitable for Southeast Asia with our own intellectual property rights."

"And we will bear all the risks of research and development. You only need to provide technical consulting and guidance services, and we will purchase them at market prices."

At the beginning, Piaggio wanted to take control of Orange Technology and make more money, but when Huo Haiqing and others said so.

"If you don't agree, we will look for other manufacturers in Italy, or even independent design studios to help. I think for a business worth tens of millions of Hong Kong dollars, we can find a suitable partner in Italy."

Although Huo Haiqing rejected Piaggio's request for a joint venture during the formal negotiations, he did not say anything final and did not rule out the possibility of further cooperation in the future.

Piaggio IV had no choice as he was badly beaten in Southeast Asia. Now the cooperation with Chigo International can not only make money but also cultivate an enemy for his enemy.

If this cooperation with Chigo International is successful, perhaps more Southeast Asian motorcycle manufacturers will come to us for cooperation.

Originally, Huo Haiqing only agreed to pay for technical consulting and personnel training, but Piaggio insisted that they provide the hardware and software and earn the cost of the entire process.

After several rounds of negotiations, Huo Haiqing decided to quit and agreed to the demands put forward by Piaggio.

Finally, the two parties reached an agreement, and Piaggio assisted Chigo International in establishing a complete motorcycle development process system for HK$1200 million.

Including computer servers, development software, sludge engineering, CNC machine tools and other hardware and software facilities, and also training a qualified design team for Chigo International.

At this point, Chigo International has finally made the transition from blind imitation to independent research and development, laying a solid foundation for the next step of development.

A month later, the motorcycle R&D center in Yuen Long Industrial Park welcomed a group of Europeans who were teaching students from Chigo International in a separate conference room.

They are all motorcycle R&D personnel of Chigo International, and are now studying hard and receiving process training from world-class motorcycle design and development personnel.

Although the new R&D equipment has not been installed yet, it does not affect their enthusiasm for learning.

Because Liu Zhicheng announced at a work meeting that the top ten students would be given the right to use a 500-square-foot residential building.

Of course, it won’t be long before equipment from Europe starts to enter the Yuen Long Industrial Park, further stimulating the enthusiasm of R&D personnel.

When Liu Zhicheng came to Yuen Long Industrial Park again, he couldn't help but smile after seeing this scene.

　Thank you all book lovers for subscribing!
　　Asking for a monthly ticket! Asking for a monthly ticket! Asking for a monthly ticket!
　　Please give me a reward! Please give me a reward! Please give me a reward!
　　Please add this to your collection! Please add this to your collection!
　　Please recommend! Please recommend! Please recommend!

　　
　
(End of this chapter)