After a heated discussion, everyone finally reached a preliminary consensus: in the manufacturing sector, immediately stop production of some unsaleable products, adjust production lines, and focus on developing new products for the domestic market; increase promotional efforts for real estate projects, and actively communicate with banks to gain support; implement flat management within the company, and encourage employees to voluntarily reduce their salaries; at the same time, allocate a small amount of funds to establish an investment team to focus on investment opportunities in emerging fields.
After the meeting, Jiang Zhi and Shen Qingchen did not breathe a sigh of relief. They knew that this was only the first step in dealing with the crisis and there was still a long and difficult road ahead.
My son traveled tirelessly to various factories, personally overseeing adjustments to production lines. He worked alongside workers on the front lines, explaining the company's difficulties and the need for adjustments. Touched by his sincerity, the workers expressed their willingness to cooperate with the company through these difficult times. At real estate project sites, my son worked with the sales team to develop promotional plans, launch various promotions, and personally meet with customers to answer their questions.
Jiang Zhi was busy communicating and negotiating with various partners, including banks and suppliers. She personally visited the bank president, detailed the company's current situation and future development plans, and sought a grace period and support from the bank for loans. Faced with pressure from suppliers to pay, she spoke sincerely with them, proposing solutions such as using goods to offset debts and extending payment cycles. Most suppliers, upon understanding the company's sincerity, expressed a willingness to offer some understanding.
Shen Qingchen led the investment team in a quest for promising emerging projects. They participated in various entrepreneurial competitions and industry summits, engaging in in-depth discussions with startup founders to assess their feasibility and investment value. Throughout this process, they encountered countless rejections and failures. Some projects appeared promising, but in-depth research revealed numerous hidden dangers. Other founders were overly idealistic and lacked practical operational experience. However, Shen Qingchen remained steadfast, firmly believing that as long as he persevered, he would find that shining star.
However, the dynamics of the market were far more complex and brutal than one might have imagined. Just as the family business was struggling to adjust, another piece of bad news arrived: a competitor took advantage of the situation, spreading rumors that the Jiang family's business was about to go bankrupt. This caused some suppliers to panic and stop supplying, and some customers even canceled their orders altogether.
Upon hearing the news, Jiang Zhi clenched her fists in anger, a flicker of determination in her eyes: "They want to push us into a corner, but we won't let them succeed!" She immediately organized her public relations team and issued an emergency statement to clarify the facts. She also shared the company's response measures and future development plans with the media to rebuild market confidence. Her son also took swift action, leveraging his connections in the business community to join forces with influential entrepreneurs to endorse the family business and stabilize morale.
Amidst this daunting market crisis, the Jiang family remained undeterred. With tenacious resolve, exceptional wisdom, and a united spirit, they groped their way forward in the darkness, searching for a path forward step by step. Every difficult decision, every exhausting journey, every heartfelt conversation reflected their resolve to safeguard the family's honor and dignity. They knew that as long as the family worked together, no obstacle was insurmountable, and the family business would surely emerge from the storm with a brilliant rainbow.
As the days passed, the market remained volatile, but thanks to their efforts, the Jiang family business gradually stabilized. The manufacturing sector saw initial progress in developing new products, with some domestic customers showing strong interest. Real estate promotions also proved effective, with sales slowly recovering. The investment team also identified several promising emerging projects and is in advanced negotiations. Although the road ahead remains fraught with challenges, they have ignited a flame of hope, confident that the family business will rise from the ashes and forge ahead into an even brighter future.
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