Chapter 325 Night Talk (Additional Update)
"Ever since European and American countries raised the tax rate on imported products in the past two years, the overseas sales of our Five Star Group's bulk products have continued to decline. It is much more difficult than we imagined to make up for the losses of domestic companies by obtaining foreign exchange!"
Hearing Li Jianxi say this, Zhang Junfeng smiled and reminded, "What you said is a little inaccurate! Although sales in the European and American markets have declined, the sales of mobile phones in the neighboring Longguo are growing steadily."
"KB Bank offers an installment repayment service, which I mentioned earlier. So far, the effect is quite good!"
…
Hearing Zhang Junfeng say this, one side of Li Jianxi's cheek twitched. This kid must remember it so clearly! After he said this, what else can he say next? How can he say it? !
"...Ahem, Junfeng is right. The current sales in Longguo are still quite impressive. According to the analysis of the company's professionals, Longguo's purchasing power has indeed exceeded our expectations. In the future, a large part of our Five Star Group's revenue will rely on the market in Longguo..."
After being interrupted by Zhang Junfeng, Li Jianxi had to change his words temporarily. Fortunately, this did not have much impact on his original purpose. The reason why Li Jianxi mentioned this matter was that he wanted his son and son-in-law to think of a solution for him. Should he build a branch of the Five Star Group in Longguo, and then focus on developing which industry? The main reason was that the economic situation in Goryeo continued to be sluggish. The sales of electronic products produced by their Five Star Group in China have not improved much, and the competition in the industry has become increasingly fierce.
"...Dad, in addition to selling our electronic products in Longguo, can we get involved in the real estate or medical industry in Longguo? These are also the areas that our Five Star Group excels in..." Li Zairong, who was asked for advice, quickly thought of the areas that their Five Star Group excels in.
However, his proposal was not approved by Li Jianxi. After all, these industries in Goryeo need certain connections and channels with the Blue House to develop and grow in this industry. They have no foundation in Longguo. If they rashly open a real estate company or hospital there, they will suffer heavy losses!
Seeing that his son-in-law Zhang Junfeng didn't speak, Li Jianxi frowned slightly, eager to know his thoughts. After all, in the past two years of getting along, Zhang Junfeng's ability and vision have fully proved that this guy's ability is much stronger than him and Li Zairong! When seeing Li Jianxi looking at him again to ask for his opinion, Zhang Junfeng could only open his mouth to mention a few points, such as continuing to increase the research and development and application of semiconductor technology, especially in the field of mobile phone manufacturing. If a higher-performance mobile phone can be developed, it will inevitably have a huge impact on the current mobile phone industry. It may even shake the market share and dominance of traditional mobile phone brands such as Nokia, Motorola, Ericsson, and Siemens.
Secondly, it can use a number of electronic components produced by a subsidiary of the Five Star Group to assemble self-made computers, and establish the Five Star Computer brand, completing the transformation from a parts OEM company to a computer manufacturer.
…
Listening to Zhang Junfeng's series of proposals, Li Jianxi soon fell into deep thought. Although Zhang Junfeng's proposals were quite good, and once successfully implemented, they would also bring huge profits to their Five Star Group.
However, these proposals have one thing in common, that is, no matter which one, strict implementation requires a lot of time, money and energy, which is far from Li Jianxi's goal of changing the status quo and recovering funds.
Thinking of this, Li Jianxi smiled bitterly and replied, "Junfeng, your idea is good, but the top priority for the Five Star Group now is to accumulate funds as much as possible and repay previous debts. What you said will take a long time to implement and change..."
Seeing that Li Jianxi did not agree with his proposal, Zhang Junfeng just smiled and did not say much. Anyway, he had already given all the suggestions that he could give as a son-in-law. As for whether the other party would adopt it or not? It had nothing to do with him.
After all, no one's money is easy to come by, and even investing in the stock market involves huge risks. According to the current situation of the Five Star Group, if there are no major changes or epoch-making products, it will be difficult for the Five Star Group to achieve sustained growth in product sales and revenue in a short period of time.
…
Perhaps Zhang Junfeng felt that chatting with Li Jianxi and his son was a bit boring. Seeing that it was almost 10 o'clock, he said hello to the two of them, then got up and went back to his room upstairs to rest.
Seeing Zhang Junfeng leaving, Li Zairong couldn't help but ask, "Dad, Junfeng's idea is really good. Computer suppliers in Europe and the United States mostly buy materials from other parts suppliers, assemble them, and then put their own computer brands on them and sell them at a higher price. The profits they get are much more lucrative than those parts suppliers..."
Hearing that his son Li Zairong agreed with the several points mentioned by Zhang Junfeng earlier, Li Jianxi sighed helplessly.
"Why do you think we were able to cooperate with American and even European companies before? Is it because we are strong enough and our products are superior enough?"
Li Jianxi glanced at the relatively naive Li Zairong. Seeing that he didn't know how to answer her question, Li Jianxi said to himself, "That's because we behaved obediently and posed no threat to them. That's why they were so confident in giving a large number of orders to our Five Star Group!"
"If we rashly set up our own computer brand, what do you think the American suppliers who placed orders with us would think? Would they regard us as an enemy? Would our products really be sold?"
Hearing Li Jianxi's question, Li Zairong fell silent. It turned out that for so many years, his father Li Jianxi had endured humiliation and achieved development with this mentality. It was precisely because of this disguised show of goodwill that they were able to obtain a large number of parts OEM orders from Europe and the United States in recent years, and their Five Star Group was able to flourish in the semiconductor industry in recent years.
There is no mistake in the poem, post, content, and read the book on 6, 9, and bar!
If the Five Star Group establishes its own computer brand now, once the products enter the market, it will inevitably cause conflicts with those "partners" in Europe and the United States in the future. By then, the orders and support they receive from European and American companies will probably come to an abrupt end! (End of this chapter)