Jiang Wanmeng had arrived in Beijing with Fu Guangzheng. He was feeling uneasy. Fu Guangzheng was a successful Hong Kong businessman and had lots of investments in China.
Jiang Wanmeng was deeply impressed with Fu Guangzheng after he found out that Fu Guangzheng was the main overseas distributor for Wind and Rain Humidifiers and bladeless fans. Although it was with the help of the rest of the Fu family, it was still impressive for someone at his age to have such achievement.
He thought that Fu Guangzheng was looking for him to talk about contract jobs. His company can act as contractors to manufacture some electronics components. This was his company main revenue. He was surprised that Fu Guangzheng was looking for him on behalf of someone else.
This person was the inventor of the humidifier and bladeless fans, and he was still a student at Beijing University.
Jiang Wanmeng choked on his own cigarette smoke when he learns about this. The humidifiers and bladeless fans were considered the pride of China now. These were products that were exported all over the world, and it was invented by a university student? Oh, wait… when he developed these products, he was still in High school!
There were lots of genius in this world, and he was about to meet one of them. But he was still not sure what was the purpose of this meeting. He had asked Fu Guangzheng, and he does not know what’s the reason too.
Although Jiang Wanmeng knew that Feng Yu was still attending university, when they met, Jiang Wanmeng was still surprised how ordinary Feng Yu was.
“Mr. Jiang, nice to meet you. I am Feng Yu.” It was a simple introduction, but Jiang Wanmeng felt there was some pressure. This was a genius inventor.
Jiang Wanmeng did not know that Feng Yu had only given the idea and he cannot be considered the inventor. If Feng Yu was to invent by himself, he might be able to succeed if he used the rest of his life to working on it.
“Mr. Feng, I am Jiang Wanmeng from Modern Company. Can I ask why you are looking for me?” Jiang Wanmeng was still confused.
“Mr. Jiang, you are into TV-related technology. I will show you one technology. See if you can get any inspiration from this technology.”
Feng Yu waved his hands, and someone came over and showed the picture compressing technology.
Jiang Wanmeng was glued to this presentation. He did not even hear the others calling him. He had too many things going through in his head.
This technology at first look, it was nothing much. But Jiang Wanmeng felt that this technology can be used to store both picture and audio into a small CD, and it will become a video compact disc. This will be an era-changing product!
“Mr. Feng, what is the theory behind this technology?” Jiang Wanmeng excitedly asked.
But after asking, Jiang Wanmeng regretted. This was an important technology and why would Feng Yu tell him about the details?
Feng Yu smiled and looked at Jiang Wanmeng: “Mr. Jiang, you want to know? Maybe you already have an idea on how to make use of this technology? I can tell you more about this technology, but are you sure you only want to know the theory behind this technology?”
Although Jiang Wanmeng was only an engineer and a manager, he knew how important technologies were to a company. Feng Yu was willing to tell him about this technology, that means he must have something Feng Yu needs.
“Mr. Feng, you can just tell me straight what you want from me.” Jiang Wanmeng replied seriously.
“Mr. Jiang, what do you think about our country’s electronic products? Our TV production is already the world’s number 3. The production of the other electronic products was also increasing. Can China be considered an electronic products production country?” Feng Yu asked.
“It is only on the surface. Now it may seem that our electronic industry is growing well, but it is not true. For example, the televisions my factory produces, we do not have the technology to produce the core components. We need to import them. This will restrict our product development. The cost will be higher, and we do not get high profits. Most of the earnings are taken away from those companies that own those core technologies. Most of these companies were from Japan. This is the same for other electronic products. All the core technologies were owned by foreigners, and we are just assembly workers.”
Jiang Wanmeng was furious when he spoke about this. Just the TV manufacturing industry, most of their profits were taken away by the foreigners.
Now, Jiang Wanmeng could see the potential of Feng Yu’s technology, and if this technology were used in video and audio products, it would put China way ahead of the other countries.
Feng Yu nodded: “I can tell that Mr. Jiang is unhappy about the current situation. Have you ever considered to produce our own electronic product that will change the world?”
To create our own products that will change the world? Jiang Wanmeng was shocked. He did not expect Feng Yu’s dream to be bigger than his!
“Mr. Feng, pardon me for saying this. Even with this technology, China will also not be the forerunners of the electronic industry. Maybe at most China will be one of the top 10 countries.”
Feng Yu laughed: “Do you know about Walkman? The popular AIWA brand Walkman.”
“I know about AIWA Walkman. My company had also bought a few of them. We can manufacture most of the components, but the core component like the magnetic head was too difficult to manufacture. We do not have the technology. The Walkman we produced is too big and heavy. The sound quality is also poor.”
Now, the companies in China only knew how to copy others. Most of those state-owned enterprises or former military factories converted to civilian factories were all doing these. The products they copied the most were electronics products.
“So, Mr. Jiang thinks that AIWA Walkman technologies are good?”
“It is more than good. AIWA technologies can be considered the best among all the Walkman brands.” Jiang Wanmeng sighed. “I heard that AIWA was a Japanese company but was bought over by a Chinese businessman. Now, AIWA can be considered our China’s pride.”
When Jiang Wanmeng finished saying this, he saw Feng Yu had a proud look on his face. Why are you smiling so proudly when I am praising AWIA? Suddenly Jiang Wanmeng had an alarming thought.
“Mr. Feng, are you the one that had bought AIWA?”
Feng Yu looked at Fu Guangzheng and asked unhappily: “Brother Fu, didn’t I tell you not to tell anyone about this. Why did you tell him?”
Fu Guangzheng replied: “I did not say anything. Mr. Jiang guessed it himself.”
Fu Guangzheng was thinking in his heart. You are the one that keeps talking about AIWA and isn’t it normal for Jiang Wanmeng to guess it? Also, you have the words “I am the boss of AIWA.” written all over your face!
Jiang Wanmeng was shocked. Feng Yu was the Chinese boss of AIWA. AIWA can be considered the giant of China’s electronics industry!
This meant that Feng Yu had the capabilities to use this picture compressing technology and developed his own products. Why was Feng Yu looking for him?
“Mr. Jiang, are you interested in using my technology and creating a video and audio product which will create a revolution in the video and audio electronics industry?”
