After seeing the motorcycle production, Han Songlin went to Fuxing Power.
Fuxing Power is the key to expanding motorcycle production!
Without engines, there is no way to expand production.
Fuxing Industry is now able to produce 3 million engines of various types of motorcycles annually, already accounting for one-third of the domestic motorcycle engine market.
Rong Hongshun: 'Boss, as soon as we knew that Fuxing Industry was going to continue to expand its motorcycle production, we started making preparations. In the first half of this year, we will increase our engine production by one million units, and by the second half of the year, our annual engine production will reach 7 million units.'
An annual production of 7 million engines?
Han Songlin was really a little shocked by Rong Hongshun's ambition. Doubling production capacity like that was a bit too much.
Han Songlin really wasn't worried about expanding production capacity. After all, Han Songlin knew very well that the market could accommodate such a large production capacity.
Even if Fuxing Power's engine production capacity reached 10 million units, it would be fine.
Zhou Tong was in Siam, also frantically expanding the production capacity of Foxi Motors, as evidenced by the import of 100,000 engines in the first quarter.
Foxi Motors in Siam gradually began to use a large number of local parts to reduce the production cost of Foxi Motors.
In terms of quality, it is inferior to Foxing Motors.
However, it is cheaper and can still make a profit.
Of course, whether Foxi Motors makes a profit or not is not that important.
Because Foxi Motors has already become the best tool for Zhou Tong to obtain loans from the bank.
Zhou Tong continues to obtain loans from the bank to build Foxi Motors' factory buildings and expand production.
As soon as the bank sees that Foxi Motors is developing so well, it is naturally more willing to lend money to Foxi Motors.
In addition to Foxi Motors, Zhou Tong also began to get involved in other industries, such as real estate and retail.
As for other industries, Zhou Tong did not dare to go too deep.
As for retail, Zhou Tong did not engage in anything else either, just copying the model of the Fumando supermarket, and even using Fumando's supermarket management system.
The development company that previously used the supermarket management system for Fumando was acquired by Fumando.
Then Fumando invested heavily, expanded the staff of this development company, and improved the system.
The supermarket that Zhou Tong opened was called foya, and at that time, outlets were opened in cities throughout Siam, and large warehouses were established.
In addition to opening supermarkets locally in Siam, foya supermarkets are also expanding into other Southeast Asian countries.
As a supermarket, there is a lot of cash and other things.
However, Foya still took out large loans from the bank.
Foya was developing very well, and no bank would refuse to lend it money.
After getting the loan, Zhou Tong arranged to exchange the money for US dollars.
Then, with the money, he imported various products from China in large quantities.
For example, many of the home appliances sold in Foya supermarkets were purchased directly in China through Tiancheng Foreign Trade Company.
Zhou Tong is now doing two things: expanding the company and getting more loans from the bank.
After getting the loan, he continues to expand the company and continue to get loans from the bank.
This cycle repeats itself.
The money spent on expansion does not come from the company's accumulated operating funds at all, and it is all funded by bank loans.
A portion of the profits generated by foxi and foya operations is used to repay the bank, and the other portion is exchanged for US dollars.
The rapid development of foxi and foya in Siam naturally aroused the envy of all parties, and Zhou Tong used the power of the royal family to carefully navigate the situation.
In addition, foxi and foya also introduced American capital.
In fact, it belonged to Zhou Tong's company.
Arrogance and self-importance not only work in China, but also in Siam.
As the world's number one power, no country in the world can afford to offend the United States without considering what problems will arise.
The former Soviet Union had only been gone for less than five years, which was a long time, but not long enough to erase people's memories.
Han Songlin had reminded Zhou Tong that if he wanted to make a profit out of a national disaster, he could not soil his hands.
Therefore, foxi and foya had to become American companies.
'foxi Motors, how many engine orders have you placed this month?'
'Two hundred thousand!'
Han Songlin was surprised. 'That many?'
Rong Hongshun spread his hands: 'I heard that their new production base has been built, so the demand for engines has increased a lot.'
Although Rong Hongshun did not get clear information from Han Songlin, he knew that the relationship between Foxi and Han Songlin was definitely not ordinary.
Otherwise, why did they choose Fuxing Power instead of the engines from the island country?
Fuxing Power has also accumulated a lot of US dollars by exporting engines for foxi motorcycles, and then imported a lot of production equipment from abroad, greatly strengthening its own manufacturing capabilities.
Otherwise, if Lin Wei and the others wanted to research an eight-cylinder engine, or even a twelve-cylinder engine; even if they drew the drawings, Fuxing Power couldn't build it.
Now, Fuxing Power has no restrictions in this area. It can't build aircraft engines, but it basically has no problems with other types of engines.
As long as there are drawings, it can build them.
In addition to upgrading its production equipment, the most important thing is that Fuxing Power is constantly improving the quality of its workers.
Now Fuxing Power's source of highly qualified workers is divided into two parts: training its own people and poaching people from outside.
In the field of engines, Fuxing Power is now quite famous!
Poaching people has become extremely easy.
High salaries, good benefits, housing, and solutions for children's education are now things that people can't refuse.
Even if it means leaving one's hometown.
But nowadays, many workers are not leaving their hometowns.
Most of them are from the countryside, and changing jobs is not that unacceptable.
At this time, state-owned enterprises were already in big trouble, and many wages could not be paid. In the face of Fuxing Power's poaching, they simply had no resistance.
'Fuxing Power is selling motorcycles engines very well, but the technology in motorcycles engines is not as good as that in cars. Our main focus should not be on this,'
Rong Hongshun nodded in agreement. No matter how well motorcycle engines sell, they are not given much importance at Fuxing Power.
Even Xiao Yang, the previous designer of motorcycle engines, has switched to working on the development of car engines.
This made Rong Hongshun feel annoyed for a while. Now that this person has gone, what should be done about the development of motorcycle engines?
Fortunately, Fuxing Power does not lack R&D talent, and has promoted a person to be the lead designer of motorcycle engines.
In fact, now Fuxing Power has a sufficient range of motorcycle engine models.
At least in terms of medium and low displacement, there is enough.
They are constantly improving research to increase power and reduce fuel consumption.
In addition, they are developing engines with higher displacement and greater power.
Thanks to Fuxing Power, foreign motorcycle companies are beginning to gradually lose ground in the medium and low displacement motorcycle market.
If they lose the low- and medium-displacement market, they will still dominate the high-displacement market, i.e., the high-end motorcycle market.
The high-end market, where a motorcycle sells for tens of thousands, hundreds of thousands, or even more, will be dominated by them for a long time.