When Lu Feng entered the company, the receptionists were taken aback for a moment upon seeing him, then quickly greeted him, "Hello, Mr. Lu!"
"Okay!" Lu Feng replied and walked towards the elevator.
"President Lu is back!" one of the young girls exclaimed with a hint of surprise on her face.
The recent news about Jiafeng Electronics has been making headlines, with many people privately saying that the government is going to intervene and Jiafeng Electronics is going to go bankrupt.
The veteran employees, naturally seasoned by experience, simply didn't believe such words. However, some new employees were filled with anxiety, especially since Lu Feng hadn't shown up at the company for a long time, leading some to speculate that he had already been detained.
Lu Feng's appearance has completely put an end to the anxieties in many people's hearts.
Upon reaching his office upstairs, Lu Feng had barely sat down when there was a knock on the door.
"Come in!"
Wei Yandan pushed open the door and walked in, saying to Lu Feng, "Mr. Lu, you're back."
"President Wei? Please have a seat." Lu Feng gestured to the sofa beside him and asked, "How did the board meeting go?"
“It’s almost all arranged. The meeting room is in the main conference hall on the sixth floor. An event planning company will be there on the day. The car fleet and hotel are all high-end. We have contacted all the shareholders, and the shareholders within the group have elected 37 shareholder representatives through voting. The list of representatives is on your desk,” Wei Yandan replied.
"Who from Schroder Group will be coming?" Lu Feng asked again.
"The reply from the other end said that it was John, the CEO of Schroders Investment Group, who came in person. He is very interested in your development plans and investment directions for next year." Wei Yandan said with some worry, "They also said that they expect us to achieve an annual growth rate of no less than 25% in the global market. Who can achieve such a high growth rate?"
Twenty-five percent?
The domestic market is basically saturated. Even though the number of people consuming home appliances is increasing every year, 25% is still a huge percentage, so we can only rely on foreign markets.
Wei Yandan's face was full of worry, but Zhu Lidong was even more worried. If Lu Feng were to put the target for next year on his shoulders, Zhu Lidong would probably resign immediately.
As for Kevin, he doesn't know much about these things yet. He's currently setting up sales lines in Singapore and Malaysia, and expects to be able to start selling there around next spring.
“Once you take their money, they’re the boss. They can just sit there and say 25% and it’s 25%. Before, I was the one setting targets for you, but starting this year, the board of directors is setting targets for me. If I don’t meet them, I won’t be happy either.” Lu Feng sat down and said, “Don’t rush. Rushing won’t help. We’ll deal with whatever comes our way.”
What Wei Yandan admires most about Lu Feng is his mentality; even when things are at their most critical, he remains the most composed.
“President Lu, I think we should increase investment in the electronics mall next year. The market prospects in this area are very good. Diversified development and high profit margins in the retail industry should be achievable. If we do well, 25% should be no problem, which can help our products compete with other companies,” Wei Yandan suggested.
Clearly, everyone has a very positive outlook on the appliance mall. In fact, Lu Feng also has a very positive outlook on the appliance mall, especially since he mainly deals in home appliances and has a complete chain of products, logistics, R&D, and sales, achieving a perfect closed loop.
Unfortunately, Lu Feng doesn't have that much time left. The electronics mall is a capital-intensive business that requires a lot of upfront investment, and Jiafeng Electronics' current funds can only flow into research and development.
“The group has many departments, and many good directions. We’ll discuss this matter in a later meeting.” Lu Feng pondered for a moment, then asked, “How is the construction of the Tianjin factory going?”
“The first phase of the project has been completed, the production line has been fully installed, and the staff has started training. Production can begin before the Spring Festival. We were planning to arrange for you to cut the ribbon, but we were wondering if you would have time?” Wei Yandan replied.
When?
“Today is the 5th. Our plan is to hold a board meeting on the 10th, and then go to Tianjin for the ribbon-cutting ceremony,” Wei Yandan replied.
"There are still five days left? No rush. Let's go to Tianjin first. Has the project quality been inspected and accepted? Have all the previous contractors left?"
Wei Yandan didn't know why Lu Feng suddenly cared about this. After thinking for a moment, she said, "The construction workers must have all left. After all, the project is finished and it's almost Chinese New Year. As for some related units, they probably haven't left yet."
"Then let's book tickets for tomorrow, I'll go check it out."
“Mr. Lu, if you go, we definitely need to make proper arrangements for your reception, and local leaders will also be attending the ribbon-cutting ceremony. This needs to be discussed in advance.” Wei Yandan thought Lu Feng was going to cut the ribbon and hurriedly said, “You have quite a few things to do this month. You’ve received invitations to many important conferences.”
“I’m not going to cut the ribbon, you can go for that. I’m just going to check on the overall situation. Just give me the phone number of the person in charge over there.” Lu Feng asked her, “Cancel all the unimportant dinners and meetings for me.”
"There are mainly two major conferences. One is the Electronics Conference, which you attend every year, and the other is a new conference this year that has gained more attention. It's called the Internet Conference. This year, the domestic Internet has been connected with the international Internet, which is very popular right now. Many computer professionals who have returned from abroad are talking about this. The country also supports the construction of the information superhighway."
"Internet Conference? I have to go." Lu Feng was curious to see what kind of strange and wonderful people were at the first Internet Conference. However, 1995 was indeed the first year of the Internet. From that year onwards, Internet companies sprang up like mushrooms after rain. It wasn't until the early 2000s, when the Internet bubble burst, that new life was seen amidst the death.
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