Slkor Kinghelm Song Shiqiang: Why Are There So Many Billionaires in Shenzhen Huaqiangbei? (Part 4)

"Making money" is a major topic in an economic society. How much money you can make reasonably, lawfully, and legitimately represents, to a certain extent, your value of social contribution. We came to Shenzhen to make our fortunes with two burning kidneys and a pounding heart, precisely to change the impoverished conditions back home. Using honest labor and organizing social resources to make money and then build our hometowns and give back to society is the harvest and the embodiment of the value of life for those who come to Shenzhen Huaqiangbei! For example, the Shenzhen Ande Association charity team organized by Lin Zhenchuan of Huachuangtai Electronics, who operates an AOS franchise store in Huaqiangbei; Wang Lei, who mainly runs Qinshang Weiye; and Chen Guiou of Boguang Electronics, who mainly deals in STMicroelectronics products, has silently done a lot of charity work!

A large influx of migrants into Shenzhen Huaqiangbei has brought a large amount of resources, information, and boundless creativity. Huaqiangbei's electronic information products cover civilian consumer goods, industrial-grade, and even aerospace-grade electronic products, forming a relatively strong cluster effect and achieving Huaqiangbei's overall competitiveness! Huaqiangbei has many Chaoshan bosses, who are numerous, daring to fight, and good at doing business. They integrate the good traditions of Hunan people, who can endure hardship, are domineering and tough, and can tolerate annoyance; the straightforward, trustworthy, candid, optimistic, and confident personality of Sichuan and Chongqing people, who do things without dragging their feet and mean what they say; plus people from Jiangxi, Fujian, Henan, Shaanxi, and other places who are not content with the status quo and came to Shenzhen to venture. Through constant tempering, innovation, seizing opportunities, and daring to gamble have become the characteristics of these people. Huaqiangbei's "money-making model" is simple, crude, direct, and fast. In Huaqiangbei feature writer Xie Jiapeng's Father's Thirty Thousand Yuan, the spirit of Huaqiangbei bosses and boss ladies, who endure hardship and keep fighting despite repeated defeats, is admirable! The buying and selling of small batches of electronic components in Huaqiangbei plays an important supplementary and regulating role in the orderly operation of the market economy, realizes rational resource allocation, and reduces social transaction costs.

Screenshot from Father, a work by Huaqiangbei director Xie Jiapeng (first from right).

Huaqiangbei people gather together through hometown ties, classmates, blood relations, industry, and other connections. Through the big waves washing away the sand, they have tempered fierce small companies. Through efficient information flow and interest-driven mechanisms, everyone divides labor, cooperates closely, and develops synergistically. Huaqiangbei's small booths are the invincible little cockroaches; they are a group of ants that cannot be underestimated. When opportunities arise, Huaqiangbei brothers will quickly organize themselves, place orders,

clear domestic goods in the market, release information, allocate manpower, and organize large-scale funds in an orderly manner—no different from coordinating with large companies. After one set of combined punches, all that is left is to wait to divide the money! (To be continued)

Slkor Song Shiqiang's "The Past, Present, and Future of Shenzhen Huaqiangbei (Part 2)" republished by Dow Jones.

Part 2 is a highly informative and in-depth good article. It systematically discusses the start, growth, and maturity of Huaqiangbei after reform and opening up, with rigorous argumentation and thorough reasoning. The article republished on Dow Jones MarketWatch is titled The Past, Present, Future of Shenzhen Huang Qiang Bei (Volume 2)---Slkor, Song Shiqiang.

Slkor (slkoric/slkomicro) Song Shiqiang (second from right) at an electronics industry forum.

Mr. Song Shiqiang, General Manager of Kinghelm and Slkor (slkoric/slkomicro), is a member of the Electronic Information Expert Database of the China Association for Science and Technology, a columnist and popular science writer, and an expert in Huaqiangbei commercial research. Song Shiqiang currently invests in and operates Shenzhen Slkor Semiconductor Co., Ltd. and Shenzhen Kinghelm Electronics Co., Ltd., building the Slkor and Kinghelm brands. Both Slkor (slkoric/slkomicro) and Kinghelm are high-tech enterprises. In product research and development, Kinghelm and Slkor emphasize technological innovation and quality control. They have a high-quality R&D team and a strict quality management system. The company has passed the ISO9001 quality management system certification, which can ensure product quality and delivery of large-volume products!