We are all reborn, who wants to be the richest man?
Chapter 508: The Island Country’s Enterprises Are Rebelling
Of the one billion people, nine hundred million have fallen, and one hundred million are still searching.
The factory price of a domestic TV set is 1300 yuan. When it reaches the dealer, it becomes 1400 yuan. After being sold to another seller, it becomes 1500 or 1600 yuan. After going through several hands, it may become 1800 or 2000 yuan when it finally reaches the consumer.
The same is true for some in-demand items such as clothing and food. The price can double after a few transactions.
This is not the most serious problem. The most serious problem is in the production materials sector.
One thousand tons of steel were resold 129 times without moving, and the price soared three times.
Therefore, it also brings about many negative factors, and economic reform is imperative.
Magic City, as the largest industrial city of Rabbit, the challenge starts here.
JA District ParknShop Supermarket, this novel, fashionable and high-end new shopping mall captured the hearts of the ladies in Shanghai as soon as it opened.
From the opening of the first 100-storey supermarket in Shanghai two years ago to now, the four 100-storey supermarkets in Shanghai are crowded with people every day, as if shopping here is the only way to show the identity of Shanghai people.
At nine o'clock in the morning, as soon as the hundreds of supermarkets in the JA area opened, countless people poured in, especially in the fruit, vegetable and meat areas. Long queues formed from the first moment of opening, and the swarms of middle-aged women surrounded the place, making it impossible to get through.
"Give me five pounds of pork belly..."
"Cut ten pounds of ribs for me..."
"Hey, stop pushing, it's my turn.
Tenderloin, give me two pounds of tenderloin, and give me four pig's feet."
From the moment it opened, Li Gang, the general manager of this ParknShop supermarket, has never left the area.
He was followed by two security guards, holding a large loudspeaker in his hand, and shouting as he patrolled.
"Dear uncles and aunts, please don't crowd. We have sufficient supply of pork in ParknShop supermarket. Please be careful and safe."
Li Gang is naturally happy to see high sales due to more people, but he does not want to see any accidents happening due to too many people.
Li Gang cherishes the position he has climbed to now, but he doesn't want to ruin his future.
So he patrolled the area with two security guards every day and didn't even dare to go to the toilet.
The purpose is very simple, that is, if something really happens, he can go to rescue at the first time.
I would rather get hurt myself than let anything happen to a customer.
Pengcheng, China Hitachi Home Appliances Co., Ltd.
This tripartite joint venture home appliance company has been busy every day since it produced its first TV, with production lines for TVs, refrigerators, washing machines, and recently, air conditioners being launched.
The entire factory has also expanded from more than a thousand people at the beginning to more than ten thousand people now, making it one of the largest joint ventures in Pengcheng.
In the office building of China Hitachi Home Appliances Co., Ltd., an emergency meeting was being held in the conference room.
The company's president, Lin Feng, took a quick look and when he saw that everyone had arrived, he got straight to the point without wasting time.
"Tell me, should we keep the bail or release it?"
Guaranteeing both inside and outside the country refers to the product shortages that have occurred in various places.
Even though they have been working overtime and have plenty of inventory, the rush to buy has caused many places to run out of stock.
There are products in the warehouse, but compared with the rush to buy, it is obviously a drop in the bucket.
In addition, many of these products are intended to be shipped abroad, so it is impossible to supply all of them to the domestic market.
Therefore, we need to work out a strategy now, whether to ensure foreign supply or domestic supply first. It is impossible to take care of both sides and end up pleasing neither side.
"My opinion is to protect overseas markets first. Profits abroad are high and our returns are also high."
The deputy general manager sent by the Pengcheng government should have one more thing to say. All the money earned abroad is foreign exchange. Now the amount of this stuff is a hard indicator of local revenue generation.
If this were in the past, there would be no problem with making this decision, but the situation is different now.
The potential that Rabbit has shown in the home appliance industry market is already astonishingly great, and this buying spree has shocked everyone.
It really is enough if someone comes out of the TV, the refrigerator can be heated up, and the washing machine can be moved away.
The Pengcheng group is considering the present, while the island country Hitachi group is focusing on the future.
“I disagree. The overseas home appliance market is mature and saturated. Whether we are out of stock or not, our popularity will not decrease.
What we lose is only the current interests, but we can gain a huge future market.
By taking advantage of this opportunity to fully supply the domestic market, we can occupy the leading position in various home appliance markets.
Don’t forget that according to reports from our investigation department, many small appliance manufacturers skipped the quality inspection process in order to take advantage of this market trend, and large-scale problems are bound to occur.
As long as we strictly abide by the production standards, within two years our reputation will be well established here and we will firmly occupy the largest market share."
"I think Vice President Duanmu is wrong. Even if we focus on overseas markets first, Hitachi Home Appliances can still occupy the largest market share in the local home appliance market, and its reputation will still be established by then."
This is true. Even if the products are to be sold overseas, so much inventory cannot be used up. It is estimated that half of the home appliances will still be sold domestically. Hitachi is still the largest home appliance brand due to its annual output, but its lead is very small.
The two sides kept arguing, and just when Lin Feng wanted everyone to be quiet, the secretary came over and whispered something in his ear.
Lin Feng nodded to show that he understood, then waved his hand for the secretary to leave.
"Everyone, be quiet for a moment." After clapping his hands to quiet everyone present, Lin Feng spoke.
"We have just received an order from above to fully supply the local market. Not only us, but also the factories in Southeast Asia will fully support us."
Hearing that factories in Southeast Asia would also provide support, not to mention the others present, even Lin Feng was shocked.
Rabbit's factories in Southeast Asia account for more than 60% of Hitachi's global home appliance production. If all the products flow to Rabbit, it will definitely cause a large-scale shortage of Hitachi home appliances around the world.
Luo Nianzhong’s idea is very simple, somewhat similar to Duanmu’s.
Japan's home appliance market is the largest. With Hitachi's success in Rabbit, a large number of Japanese home appliance manufacturers have begun to pay attention to this market. Japanese brands such as Panasonic and Sharp have established joint ventures and set up factories here.
Luo Nianzhong cannot let Hitachi lose its current advantage. The most important thing is to press on and build on the victory to widen the gap with other brands in one fell swoop.
What he wants is to choose domestic products at a low price, and when he wants to buy a foreign brand, the first thing he thinks of is Hitachi.
Moreover, the overseas market is already mature, and it is not the end of the year so there is not much sales growth at all.
Relying on the current inventory in various places, although it is not enough, it can last for a while.
The most important thing is that Rabbit’s home appliances have no trouble selling. Now that they are in stock, people will rush to buy them, which can contribute a very beautiful financial statement to Hitachi.
The purpose of doing this is self-evident, it is definitely to increase the market value. As for why Luo Nianzhong wants to increase the market value, this has to do with Hitachi wanting to buy back Hitachi Home Appliances shares held by the Luo family.
As for the Japanese, there are some with good intentions, but they are definitely not at the top level.
In the past two years, with the skyrocketing market value of island companies, some people in the several Fuji Group companies in which Luo Nianzhong had a stake finally became restless.
Everyone knows that this wave of booming island nation’s enterprises was not caused by Luo Nianzhong, but was due to the booming of the island nation’s entire technology industry.
Yes, Luo Nianzhong has made indelible contributions to several companies, but the current stock price is worthy of his efforts.
Against this background, Hitachi Home Appliances was the first to come forward and propose the idea of stock repurchase.
Luo Nianzhong knew that since the proposal had been made, it meant that all the islanders had agreed. Otherwise, Luo Nianzhong was really unwilling to hand over his shares, and one or two shareholders alone would have no way to deal with him.
“Share buyback? Sure, but there are two conditions.
First, we must hold no less than 5% of the shares. Second, if Hitachi encounters a major crisis in the future, we must have the right of first refusal and the right to inject capital.
The second point is particularly important. We can make certain concessions on price.
But you have to strike the right balance in the negotiations. It would be best if we delay it until the end of next year or the beginning of 90. The funds must be in place in one go, and the installments must be able to convert debt into equity. We must have the right to choose.
It is simple to hold 5% of the stocks, which is for better short selling in the future.
As for the second one, it is aimed at swallowing up the entire Hitachi Home Appliances.
Since you are unkind, don't blame me for being unjust.
What about Ren? Of course we have to take it over. We don’t want to see such a good enterprise being ruined by you.
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