Jiao Enfan stepped forward, holding a stack of speech manuscripts in his hand. He looked around and smiled confidently, saying, "As a newcomer to the industry, I am truly apprehensive to be the first to speak on stage. I have indeed achieved some minor successes this year, but compared with the big shots present, it is like a candle flame competing with the sun and moon. Now, I will share my humble opinion."
Another round of applause erupted from the audience.
"Although only a few months have passed this year, a lot has happened in the industry, especially at the beginning of the year. Some despicable people used dirty tricks to do a lot of shameless things, such as poaching key personnel from companies and attacking and smearing other companies."
"In the end market, they deceive consumers by using outdated and obsolete technologies to disguise themselves as cutting-edge foreign technologies. They also constantly try to piggyback on foreign companies' success in advertising and naming, which seriously violates the Advertising Law. They also continuously push prices down and suppress consumers."
"The chaos in the domestic electronics industry over the past few months has been astonishing. Companies are being established by leveraging, with one hundred million yuan used to leverage companies worth hundreds of millions of yuan. The source of funds is unclear, and they are constantly releasing false information into the market!"
"As everyone knows, the electronics industry is a highly sophisticated industry that requires a lot of money for research and development. Foreign technology is superior because of its large investment. In today's market where inferior products are replacing superior ones, how can we afford to conduct research and development? This will create a vicious cycle, and the domestic electronics industry will never have a chance to recover."
"And some people will forever be nailed to the pillar of shame. I hope everyone opens their eyes and looks at the current state of the industry. All companies have been drawn into a vicious competition with no bottom line, abandoning morality to engage in false advertising, losing their sense of shame to use low-end technology to deceive consumers, abandoning their conscience, and harming the entire industry!!"
Jiao Enfan spoke with great emotion, spitting as he spoke, almost pointing his finger at Lu Feng and cursing him.
"I hope that someone will reflect on their actions, behave themselves, stop trying to be clever, and understand industry trends. Thank you everyone." After saying this, Jiao Enfan stepped down from the stage and shook hands with each person.
Instantly, the entire audience erupted in applause, with some even standing up to clap, creating an exceptionally enthusiastic atmosphere.
Jiao Enfan shook hands with the bigwigs in the front row one by one. When he got to Lu Feng, he skipped over and shook hands with President Liu next to him.
"Well said! You truly are a young talent with a great understanding of the industry's big picture. Next, please welcome Mr. Sun, the General Manager of Changhong Electronics!"
Sun Yuanqing stood up and went on stage, his eyes fixed on Lu Feng. He took the microphone, cleared his throat, and said, "Enfan, he's studied abroad and is quite cultured. He didn't mention his name, so I think we should point it out. What do you think, President Lu?"
All eyes were fixed on Lu Feng, each with a different expression: some hated him, some laughed at him, and some felt sorry for him.
Despite being watched by so many people, Lu Feng remained calm, smiled, and ignored them.
“Every industry has its tribulations. I’ve been thinking about this lately, and perhaps this is our industry’s tribulation. As more and more companies enter the industry, all sorts of strange and monstrous things will inevitably appear, but I believe this is only temporary.”
"It's impossible for Jiafeng Electronics to drag down the entire industry. They're all show and no substance right now. Their development model is pretty basic; they just rely on low prices to get into the market. If I'm not mistaken, Mr. Lu's profit margin is probably close to zero, right?"
"The industry will continue to develop steadily, but in the future there will be more and more companies like Jiafeng Electronics. It is because of these opportunistic people that I have been calling for stronger industry regulation!"
“I’m not worried about the industry as a whole. What I’m more worried about is that if highly leveraged companies like Jiafeng Electronics collapse, it will be a disaster. Their principal is only 100 million yuan. We don’t know where the rest of the money came from. Once they go bankrupt, it will affect a lot of supporting companies and may lead to a wave of bankruptcies.”
"The chain reaction is like dominoes falling, with many collapsing in quick succession. Friends, this is the most fatal flaw in the industry. It's not terrible for one Jiafeng Electronics to fall, but it's terrible for a large number of supporting companies to fall as well. That would be the end of the industry. I hope that when you go back, you will actively report the problem to higher authorities and write reports as necessary. Don't let a bunch of 'Jiafeng Electronics' emerge, or it will really be too late."
"I've finished speaking."
Whoosh!!!
The audience erupted in applause, some people stood up and clapped until their hands were red, repeatedly shouting "Bravo!"
President Liu turned his head and chuckled, "Someone wants to send you to the guillotine!"
Continue read on readnovelmtl.com
