Jiang Xiaoli couldn't help but praise, "Mom, this is definitely a custom-made item!"
Li Guizhi was delighted to hear this. "I don't know anything about custom-made or not. You two put them on and I'll see if there are any alterations needed."
They obediently put on their new sweaters, and Li Guizhi nodded in satisfaction, "They look really good."
Jiang Xiaoli hugged her and asked, "Don't just make things for us, what about yours?"
Li Guizhi said with a smile, "Mine is almost done, what's the rush!"
Zong Jiayu advised from the side, "Mom, knitting sweaters is hard on your eyes, you should take a break from work."
"Okay, I know!" Li Guizhi was really annoyed by their nagging. "Have you forgotten? Dr. Han said my health is much better than before, so don't worry!"
...
On Saturday, Ren Zhiyi and the others, who had been diligently preparing for the exam, finally had time to attend a meeting at the company.
At the start of the meeting, Jiang Xiaoli said, "Look at this year's financial report. Congratulations to everyone for having a prosperous year."
Yan Chengcheng said with a smile, "I originally thought it would be good enough if I could just pay off the mortgage, but I didn't expect to have quite a bit left over. It feels so good to have a bulging wallet!"
Chang Yue smiled and said, "Yes, next year will be a new beginning."
Ren Zhiyi summarized, "This year, '307' can finally be considered to be on the right track. 80% of the products for both brands are now self-produced and self-sold. Even though we've recovered all the investment funds, the pace of store expansion hasn't stopped. Currently, there are 76 'Five' stores and 32 'Pentagon' stores nationwide."
Jiang Xiaoli nodded. "Today, I want to discuss with everyone our future development direction."
She said, "Currently, all our stores are directly operated by the company. The company has received many inquiries from franchisees. What are your opinions?"
Hu Jingxin was the first to speak, "I agree with opening up to agency and franchising. You can refer to my family's 'Xingyun Daily Chemicals' for example. In the early days, we only had directly operated stores. Although we had a good reputation, our market share was never high. It wasn't until we opened up to agency and franchising that the name 'Xingyun' entered more families."
Yan Chengcheng thought for a moment and said, "I agree, but I think we should establish a strict agency and franchise system."
“Yes.” Chang Yue nodded. “I’ve seen many franchise stores of brand A selling products from brand B. That’s definitely not acceptable.”
Jiang Xiaoli nodded, "Of course, if everyone agrees, I will find someone to create a comprehensive agency and franchise plan, and set up a supervisory team to conduct regular inspections. You don't need to worry about that."
Ren Zhiyi smiled and said, "In that case, I agree."
She smiled slightly, "It seems that our most important task at the beginning of next year is to set up the investment promotion department."
"Next topic: Last time we discussed the menswear line. I've thought about it for a long time. Considering the purchasing power of menswear consumers, I think it would be better to establish a fast fashion brand that offers both menswear and womenswear."
"Fast fashion brands?" Yan Chengcheng thought for a moment. "Xiao Li, are you talking about brands like 'UNI' from Japan?"
“Yes!” she nodded. “We offer low-priced, high-quality products, mainly basic styles and designs, providing customers with the best choice for high cost-performance.”
Hu Jingxin hesitated for a moment, "But when people buy clothes, isn't it all about looking good and pretty?"
Ren Zhiyi laughed, "Xin Xin, what you're saying is a bit like 'Why don't they eat cake?' It's true that everyone likes pretty and beautiful clothes, but the broader market is for high-quality, low-priced basic clothing."
Chang Yue also said, "For example, my parents don't look at the design or pattern when they buy clothes. They just like simple styles, good quality, and cheap prices."
Yan Chengcheng suddenly had a flash of inspiration, "Basic styles don't mean they're not good-looking; they represent classic style. There are many changes that can be made based on basic styles, such as prints or colors. Xiaoli, I think your idea is excellent!"
Jiang Xiaoli nodded and said, "I think a simple and high-quality life is the goal of many people, which is also the original intention of me to create such a brand."
Hu Jingxin was convinced. She chuckled and said, "It seems I'm too out of touch with reality. I'll definitely try to change that in the future."
Their little meeting lasted until 1 p.m.
Yan Chengcheng took a sip of water. "I'm starving! Let's go eat!"
After eating at the cafeteria, Jiang Xiaoli pulled Hu Jingxin aside and said, "Come on, let's go upstairs and have a chat."
The two of them arrived at the top-floor office, and Hu Jingxin asked, "What's the matter? Why did you ask me to come up here alone to talk? I'm starting to get nervous!"
She smiled and said, "What's there to be nervous about? I'm not the teacher grading your paper."
She poured a cup of coffee for each of them. "Any research results from Shanghai University?"
Hu Jingxin shook her head. "No, sigh, you can't rush these things, it's no use rushing them."
Jiang Xiaoli nodded. "I plan to launch a new skincare brand in China and would like to have Xingyun Cosmetics do the contract manufacturing."
"Huh?" Hu Jingxin was stunned. "A new skincare brand? Can I ask what kind of products it will be?"
She simply stated, "It's a new ingredient researched by Dr. Pei's lab, a dupe for Borecos, with about 60% of its efficacy."
Hu Jingxin grabbed her arm excitedly and asked, "Is it the main ingredient in the 'Dr. Pei' series of products, that Borecos?"
"right!"
Hu Jingxin took a sip of coffee and, after calming down, asked, "Xiao Li, you're not short of money or skills; you could easily build your own factory. Why did you choose to partner with Xingyun Chemicals?"
Jiang Xiaoli smiled and said, "Let's do business together. The cost of building a factory is too high. Compared with other factories that I'm not familiar with, I trust you."
Hu Jingxin smiled broadly. "Xiao Li, thank you for your trust. However, my mother is currently managing the company, so I need to ask her before I can give you an answer. But I think she has no reason to refuse."
"Of course, let me know once you've discussed it with your aunt."
Considering the future collaboration, she thought for a moment and asked, "Xin Xin, have you and your aunt considered kicking your grandfather and second uncle out of the company?"
Hu Jingxin sighed, "I've thought about it. My second uncle is picking on us every day, and we're all fed up with it, but there's nothing we can do!"
Jiang Xiaoli pursed her lips. "If you want, I can help you think of a way."
Hu Jingxin opened her eyes wide and asked, "Xiao Li, do you really have a way?"
She nodded. "But if you do that, the relationship between you and your aunt and your grandfather's family will be completely severed."
Hu Jingxin waved her hand, "Do you think they're being so cruel to me and my mom without any regard for family ties? No!"
Jiang Xiaoli chuckled, "That's simple. Just replace your uncle with someone else as the supplier, find someone to replace your second uncle's position, and stop giving out bonuses starting this year."
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