Lu Feng looked at him, leaned close to his ear and whispered, "I'll give you a kickback!"
"You have a very kind face, young man. I just like to promote the younger generation," President Hou said with a smile, his quick change of expression catching Zhu Lidong and Zhang Fengxia off guard.
"As a junior, I greatly need your guidance!" Lu Feng raised his glass and clinked it with his own, saying, "Then I'll have to trouble you?"
"It's alright, this..." President Hou asked in a low voice, "How much of a kickback?"
“It’s piecework. You outsource one piece, and we pay a certain fee. This money… understand?” Lu Feng raised an eyebrow and said, “Don’t worry, no one will know about it, whether it’s in the accounts or the way the money is transferred.”
"That's good. I didn't expect you to be so quick-witted at such a young age!" President Hou picked up his wine glass, clinked glasses, and said, "It's a pleasure doing business with you!"
"It's a pleasure doing business with you!"
The two drank it all in one gulp, and Mr. Hou's stern face relaxed, and the atmosphere at the dinner table became lively.
After drinking, Mr. Hou talked a lot about Panda. He said that Panda's glory days are over, and in the current situation, it is already very difficult to maintain profitability.
The current situation is like the Warring States period, with Jiafeng Electronics reminiscent of the rise of the Qin state in ancient times.
..............
As night fell and the electronics store closed, Weipuda's sales figures came out: despite being out of stock, they sold 16,432 units in one day, breaking Changhong's previous record of over 14,000 units.
The release of the data sent shockwaves through the entire industry. Everyone understood that the reason for selling so much was because they were selling at a loss. But in the current situation, being able to sell at a loss is a skill in itself.
The market is a zero-sum game. If Weipuda sells more, other brands will naturally decline. Changhong dropped by 19%, while other brands saw their sales halved.
This is no longer a competition between equals, but a one-sided massacre.
The lights were on in the offices of more than a dozen company executives, and every face was etched with worry!
Li Quanliang held several meetings in the afternoon to try and figure out how to deal with the situation, only to find that his subordinates were not telling him the truth at all. He had only been there for a few days, and these people were all Sun Yuanqing's old subordinates.
Everyone's waiting for Mr. Sun to come back; how could they possibly offer him any assistance?
Li Quanliang also wanted to launch a three-guarantee policy, but the problem was that once it was launched, a lot of funds would be needed to support it, especially for repairs, and Changhong didn't have that many assembly plants.
After much thought, he realized he had no choice. If Weipuda were to dethrone him as the top domestic brand, his position would also be taken by someone else.
Li Quanliang had only one option left: to call Sun Yuanqing.
"I'm looking for your factory manager!"
A moment later, Sun Yuanqing's voice came from the other end of the phone, but he sounded listless and had lost his usual confidence and loud voice.
Who is it?
"Mr. Sun, it's me, Li Quanliang!"
Sun Yuanqing, on the other end of the phone, was not surprised at all by Li Quanliang's call. He had been keeping an eye on the television industry and was in contact with Mr. Li.
He knew that Changhong's cash flow was tight, making it impossible to establish a three-guarantee service. At this point, Changhong had little chance of winning in the market.
"Mr. Sun, I'm completely out of ideas right now. Wepuda's sales are skyrocketing today..."
Sun Yuanqing looked down on Li Quanliang. He thought Li Quanliang was the kind of person who would spend his whole life in an ordinary state-owned enterprise, going to work and leaving get off work on time.
After more than thirty years of messing around, he finally got the benefits he deserved.
"Let me make the call for you!"
Sun Yuanqing hung up the phone and called General Manager Li.
Mr. Li's mood has been like a rollercoaster these past few days. One second he was relieved that Jiafeng Electronics seemed to be in trouble, and the next second he felt like he was doomed. He has been carrying nitroglycerin pills with him at all times these past two days.
"Mr. Sun, what's the matter?"
“That idiot Li Quanliang is out of options. Even though I’m in this situation, I still want to protect you. In three months, we can collect that 80 million, which will be enough to crush Jiafeng Electronics. Do you have any connections in the ore business? Give Tianying Copper Industry a little nudge!”
“Then let’s do it this way. I’m waiting for the police to come to my door every day. This is really agonizing.” Mr. Li sighed and said, “Times have really changed.”
Sun Yuanqing on the other end of the phone remained silent, conveying a sense of melancholy, like a hero in his twilight years.
The next day, the person in charge of Tianying Copper Industry called Lu Feng!
"Ore prices have gone up, and for Tianying Copper Industry, they've doubled, causing costs to soar by a factor of two."
Upon hearing the news, Lu Feng showed little expression on his face, simply saying, "I know," as if he had already seen through everything!
Having come this far, they have exhausted all means to get to this point. Lu Feng stood up, lit a cigarette, looked at the busy factory in the distance, and muttered to himself.
After several months, this grand drama is finally coming to an end!
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