On the way to the conference room, as he passed the elevator, he ran into Du Guoying, who was holding her documents. When she saw Lu Feng, her face lit up with joy, and she hurriedly ran over and said, "Hello, Mr. Lu. I have everything prepared."
Lu Feng casually took it, glanced at it, and said, "Let's go to the conference room together."
This was a large conference room. Lu Feng casually pulled over a chair and sat down, saying, "Bring me an ashtray."
Du Guoying looked around, wondering where the ashtray was.
"In the lockers over there."
The door opened, and Zhu Lidong walked in carrying two folders. He smiled at Du Guoying, sat down without saying a word, and a moment later Liu Cheng came in and helped Du Guoying find an ashtray. The three of them finally sat down.
"Let's talk about Du Guoying's onboarding first." Lu Feng handed the documents in his hand to Liu Cheng and said, "Please have HR process it for him after they start work. You two should communicate more about this."
When Zhu Lidong heard Lu Feng hand Du Guoying over to Liu Cheng, he was stunned for a moment and asked, "President Lu, isn't he going to join the marketing department at headquarters?"
“Let’s put the communications company under the R&D company and see how it develops. If it fails, the group headquarters’ annual report won’t look good, and the investors will definitely be unhappy. Let him join the R&D company first.” Lu Feng looked at Du Guoying and said, “Communications is our main focus this year. The company is already registered; I’ll be in charge, and you’ll be in charge of marketing!”
"Thank you, Mr. Lu. I will certainly live up to your expectations," Du Guoying said solemnly.
Zhu Lidong was still a little uneasy when he heard about this assignment. He was in charge of the marketing department. Although he was mainly responsible for home appliances now, in principle, the entire group's marketing department should be under his management. However, the marketing department of the telecommunications company was now separated by Lu Feng.
"How's the waveguide doing?" Lu Feng asked Zhu Lidong.
"Sales were very good in the two months before the Lunar New Year." Zhu Lidong opened the folder and said, "Sales in January exceeded 50,000 units again. The technological update has led to a very good market response this time. They are in high demand. They are still increasing production capacity. I heard that they have already ordered production lines from overseas."
"The situation with Motorola and Panasonic remains the same; the market already has a stable demand. Bird's big sales are due to price reductions, which have inadvertently widened some market barriers, leading to more people entering the market. There are reports that Watanabe Shi, from the Rohm Group, has joined Motorola to be in charge of overseas markets, which is not good news for us."
"Some research institutions have further raised their market expectations for home appliances this year. Last year, they estimated that the sales volume of color TVs would be 10 million units, but the actual sales volume of color TVs exceeded 17 million units. This is 70% higher than their expected growth rate. Among them, Changhong TV alone sold more than 7 million units last year, and it is still a giant in the home appliance industry. Our Weipuda was too sluggish last year, with sales of less than 1 million units."
"However, our daily sales have remained stable at 5,000 units this year. Although the market is fierce, we are confident that we can achieve at least 3 million units this year. Moreover, according to market share surveys from various institutions, Changhong's market position in the country is unshakeable. Southern companies such as Konka and TCL mainly focus on the south. Panda TV's market share has further declined."
"This report also predicts the pager market, believing that this year will be the year of pager explosion. Last year, pager sales reached 1.73 million units, and this year they are expected to double. However, I think doubling is too little; they always underestimate the market."
"Waveguide has opened up the market with its high technology, high stability, low price, and large-scale wholesale. Its main selling point is high quality. Their fatal flaw is after-sales service. Because it is a large-scale wholesale business, it is difficult to find the manufacturer if there is a problem. However, in recent years, there have been more and more stores that repair pagers."
Gao Zhiwei flipped to the end of the report and summarized: "The market demand is huge. Some institutions even believe that pagers will be the mainstream in the next ten years because the technical cost of voice calls is too high, while the country is vigorously deploying public telephone booths. Pagers combined with public telephones represent the future form of domestic communications."
After listening to his report, Lu Feng lit a cigarette, took a puff, and said, "Their monthly sales of 50,000 units are not because the market can only accept 50,000 units, but because they can only produce 50,000 units. Mass production should be started as soon as possible, and production volume should keep up."
Zhu Lidong pondered for a moment before speaking, "President Lu, our two factories were enough last year, but this year it's uncertain. Not only has the sales of Weipuda increased, but there are also overseas markets. I estimate that our production volume this year will be twice that of last year, or even more."
Zhu Lidong is right. Jiafeng Electronics this year is completely different from last year. Last year, it focused on producing VCDs, and the output of Weipuda was less than one million units. Other home appliances were also in a mess. This year, after sales went up, the two factories were a bit too busy, not to mention that they also had to produce export products.
“President Lu, how about setting up another factory? President Jiang called me a while ago, saying that the leaders there were chatting with him and hoped we would come over,” Liu Cheng said.
"General Manager Jiang? Which General Manager Jiang?" Lu Feng asked, puzzled.
"Jiang Wanmeng, isn't he your best brother?" Liu Cheng looked at him speechlessly.
"Oh! Oh, oh, oh!" Lu Feng realized and said, "He means, go to Hefei?"
“We set up a VCD base over there, and now it’s completely transformed into an assembly and logistics hub based in Anhui, radiating to the surrounding areas. They want us to move some of our production lines there.” Liu Cheng thought for a moment and said, “Also, they’ve called several times, but you haven’t answered. They want to ask when we’ll receive our VCD profit sharing.”
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