Most major companies have resumed work and production. Of course, the food industry resumed work earlier. Some medium-sized food companies started work urgently on the first day of the Lunar New Year. As soon as Lu Feng stirred things up, these bosses started cursing.
Inside the office building, after finishing the annual meeting, General Manager Zheng called several senior executives over to his office. Last August and September, major manufacturers targeted the small home appliance market, and by the end of the year, some of the faster ones had already launched their products.
With the Lunar New Year over, small and medium-sized enterprises will accelerate their entry into the market, making this year's small appliance industry particularly competitive. This presents a significant market challenge for Desheng and Dejin, two small appliance companies.
After reviewing the market data from the last two days, General Manager Zheng leaned back in his chair and asked, "What do you think?"
"Changhong is still the main force!" an executive said, looking through the data. "In the past month or so, sales have surged by 300%."
"Changhong's strongest point is its sales channels. Their sales channels are unmatched by ordinary companies. Jiafeng Electronics invested so much money in its channels, but last year its TV sales still couldn't compete."
“I also think it’s Changhong. They really are the big brother now, you can’t argue with that!” another executive said.
"Me too. In the market, we're focusing on defending Changhong, blocking Konka in the southern market, and we don't need to worry about second-tier brands like Panda for now."
Everyone nodded in agreement. Market share, sales volume, and brand appeal—these three factors combined are poised to propel the company to great heights.
Mr. Zheng lit a cigarette with a worried expression and asked, "Where is Jiafeng Electronics?"
"It's a company struggling to survive. I've heard some things. Their goal this year is simply to stay alive. And the distributors are very unstable and may abandon Jiafeng Electronics at any time. This is not reliable information."
"I'm just curious. Lu Feng is really capable. He managed to get over 200 million yuan in funding. Without that, Jiafeng Electronics probably wouldn't even be able to survive the year."
Everyone was talking about Jiafeng Electronics, and the atmosphere was quite relaxed, with a sense of "watching him rise to prominence, watching him entertain guests, and watching his downfall."
Mr. Zheng had met with Lu Feng, and he did not believe that Lu Feng would simply withdraw from the scene.
"Jiafeng Electronics is lagging behind in television technology and lacks funds. Lu Feng will definitely be working desperately to make money this year. When someone like that goes crazy, who knows what he might do? The only thing that can save him is the small appliance market."
Mr. Zheng took a worried drag on his cigarette.
"Everyone can see how powerful Changhong is, but new generations are constantly pushing forward. Don't forget the glory days of Panda in the 1980s. A company like Changhong, which already has a vast territory, won't launch such a fierce offensive. Jiafeng Electronics is already a desperate company. When it has a final burst of energy, it might deliver a fatal blow!" General Manager Zheng analyzed.
The executives nodded in agreement; this wasn't a bad idea.
"We will adopt a conventional defensive strategy in the market. If Changhong starts a price war, we can follow suit. At the same time, we will strengthen our publicity, especially focusing on our expertise in small appliances. For example, we will emphasize that we only make small appliances."
"This year's publicity strategy will move in this direction. We need to adopt a more refined strategy, and we need to time the launch of new products carefully. We also need to change our approach when dealing with companies like Jiafeng Electronics." General Manager Zheng seemed to have thought of something.
"So what do you think is the best approach?"
“Learn from the barbarians’ strengths to govern them. Lu Feng is a cunning man who talks a lot of nonsense. I need to become his brother so I can figure out his background and keep abreast of the situation. Most importantly, if Jiafeng Electronics collapses, it will be a very suitable acquisition target. We can then take advantage of this to enter the large home appliance industry.”
Mr. Zheng revealed his ambition: if Jiafeng Electronics were to go bankrupt and restructure, it would be a very suitable company to acquire.
Everyone was taken aback, but they all nodded in agreement. President Zheng was indeed a man of great talent and vision, and his considerations were more thorough than those of ordinary people.
Lu Feng sneezed while eating lunch. Zhang Fengxia, who was sitting next to him, handed him a tissue and asked, "Do you have a cold?"
"No, it's probably because it's springtime and the weather is like that."
"The weather has been changing a lot these past few days, so please wear more layers."
Lu Feng didn't speak, but he was thinking about Jiang Wanmeng. Logically speaking, he should have called him, so why was there no response?
This matter is highly unpredictable. In his previous life, Jiang Wanmeng accepted the investment without hesitation and then transferred all the patent rights, which shows how much he valued the investment.
Jiafeng Electronics faced too many changes at the end of the year. After asking around among a few friends, they all advised him to accept the investment there, as Jiafeng Electronics itself was in dire straits and the project could easily fail.
After hurriedly finishing his meal, Lu Feng returned to his office to call Jiang Wanmeng, but was stopped by a clerk in the next office.
"Mr. Lu, you received several calls this morning, all from Hong Kong. The phone numbers are on your desk."
"Okay, I understand." Lu Feng pushed open the office door and walked in. He glanced at the phone number; if he remembered correctly, it should belong to the Feng family.
The call was made, and a nanny answered. A moment later, Feng Zhiyao took the phone and said, "Lu Feng?"
"What's wrong? Are you wishing me a Happy New Year? What date is it? Are you wishing me a happy old age?" Lu Feng said weakly.
Feng Zhiyao was somewhat speechless and said, "You're at work?"
"If I don't work, will you support me?"
Why are you like this? Why are you taking out your emotions on me?
"You're unhappy, huh? Then don't come." Lu Feng said casually. He really didn't want such a hothead to come, someone who always put him at the center of everything and thought this was wrong and that was bad.
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