Lu Feng instructed the head of the investment department that there was no need to be polite about Huasha's investment; just do what you're supposed to do, talk to them, suppress them, and ultimately get the money invested.
Inside the office, Zhang Fengxia launched into a tirade of profanities over the phone. She was now even more aggressive, giving off a menacing vibe. Her face was bare, and her skin looked terrible, clearly indicating that she hadn't been having a good time lately.
“Those retailers think they’re so great? Taking advantage of the situation now? Is that selling things? That’s robbery!” Zhang Fengxia listened to the helpless voice on the phone, rubbed her face with her hands, and finally could only compromise, sighing and saying, “Why don’t you talk to President Wang again? Everyone has their difficulties, there’s no need to keep most of the profits in the mall.”
The noise in the office could be heard in most of the office area. At first, Jiang Xiaoyan would try to persuade her, but after encountering too many people and things, even her good temper was driven to the point of exploding.
After hanging up the phone, Zhang Fengxia leaned back in her chair, all her dissatisfaction welling up inside her, and she wished she could just die.
Retailers and wholesalers are putting pressure on them, squeezing out the last bit of profit. They really can't hold on any longer. If things continue like this, they'll be bankrupt by next spring.
Jiang Xiaoyan pushed open the office door and walked in, saying, "We've already communicated with them. The market is currently operating at zero profit, and the retailers are making a fortune. If all else fails, we'll give those two factories to the bank and shrink our market."
“These people are insatiable ingrates. I gave them such a big profit margin at the beginning, and now they turn around and rip me off. They must drive the retailers and wholesalers crazy all day long. It didn’t seem this difficult for him when he was doing this.” Zhang Fengxia sighed and asked, “When he was selling canned goods, didn’t the wholesalers ever squeeze him out?”
"I was home every day back then, so I didn't know," Jiang Xiaoyan said helplessly.
Zhang Fengxia still didn't understand the difference between canned goods and cosmetics. The raw materials for canned goods come from the countryside and are sold back to the countryside. The channels are not monopolized. As long as people have a car, they can take the canned goods from Lu Feng, sell them in the village, exchange them for grain, and take some fruit back with them.
As long as you have a truck, you can do it. The raw material channels, sales market, and entry barriers for canned goods are very low. If you don't do it, there are plenty of people eager to do it.
Cosmetics are different; there are entry requirements for shopping malls, counters, and stores. When Lu Feng later started making snacks and food, he only began to make money after he eliminated the regional leaders.
Where was Lu Feng back then? In a backward little city. And where is Zhang Fengxia now? In Shenzhen!
The markets in underdeveloped small cities are limited, regional leading enterprises lack competitiveness and a sense of crisis, making them easy targets for elimination. Even if Zhang Fengxia had ten times the financial resources, she might not be able to break through in this environment.
When starting a business, you must choose the right region based on the industry you're in, otherwise you won't even know how you failed.
“Why don’t I call him and ask? I remember he was so carefree back then, how come he’s working like a baby with me?” Zhang Fengxia said, picking up the phone to make the call.
"Hey!" Jiang Xiaoyan quickly reached out and placed her hand on hers, hesitated for a moment and said, "At worst, we can start over. Let's not bother him. I saw on the news that Jiafeng Electronics has had a lot of trouble recently. He's probably very busy."
Zhang Fengxia understood that she didn't want to rely on Lu Feng and wanted to achieve something on her own. Although she was divorced, she still desperately wanted to prove that she was worthy of him.
“Then let’s do our best and explore the market more. At the same time, we can’t just sit and wait for death. We already have more than a dozen counters and have opened up a lot of markets. If all else fails, we can raise funds.” Zhang Fengxia said to Jiang Xiaoyan, “I recently had a good talk with an investment company in Hong Kong. If things haven’t improved by the end of the year, let’s sell a portion of the shares. I need to talk to you about this. Once we sell, the factory won’t be under our control anymore.”
“That’s better than nothing!” Jiang Xiaoyan nodded.
The outside world continues to pay attention to Jiafeng Electronics, but the focus of the home appliance industry has shifted from Lu Feng to Zhu Lidong.
Although the pager hasn't been produced yet, Jiafeng Electronics revealed its intention to develop in the communications industry a few months ago. Now, what Jiafeng Electronics is most concerned about is waveguides.
In Ningbo, four young people were either standing or sitting in the office of Bird Company. Xu Lihua was the chairman of the company and was only twenty-nine years old this year. The other three were around twenty-seven or twenty-eight years old and were definitely the best among young people of this era, of course, not counting Lu Feng.
Xu Lihua said to the group, "I heard from a friend at Jiafeng R&D Company that Lu Feng has already started working on this and is serious about it."
“We’re not afraid of anything serious, we have money and technology now,” Pu Jie said nonchalantly.
"It's best to be careful. This guy doesn't have a good reputation in the electronics industry. I heard a few days ago that the CEOs of the home appliance industry were so excited that they set off firecrackers at their company gates." Sui Bo said with a sarcastic look, "Celebrating the departure of the industry troublemaker, this troublemaker has come here."
“Jiafeng Electronics basically doesn’t have the technology in this area. I think if they want to do it, they won’t make it next year. It’ll be the year after next at the earliest, and then we won’t be afraid.” Xu Xiguang took a couple of puffs of his cigarette and said, “Besides, there are tall guys to hold up the sky if it falls. Motorola hasn’t said a word yet, so what are we afraid of?”
"But one thing is certain: Lu Feng's ability to make money is truly remarkable. Isn't he a year younger than me?" the 27-year-old slacker asked.
Xu Lihua nodded, sitting at his desk with the composure of an elder brother, and said, "This person is indeed very good at financing. I heard that he still controls 60% of Jiafeng Electronics' shares, most of which are dividend shares that he voluntarily diluted and distributed to the management."
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