Reinventing the Millennium

Chapter 457: First the Military, Then the Courtesy (Two-in-One Thanks to the Leader Who "Dominates the World")

According to the information collected in advance and the situation when attending the meeting today, if nothing unexpected happens, it should be this Mr. Zhao Yong who will become the person in charge of Changhong after Ni Runfeng.

Because of this judgment, Fang Zhuo paid special attention to Zhao Yong's information.

Zhao Yong had ten months of experience as general manager in 2000. At that time, he proposed the strategic slogan of technology-led.

This is not surprising, especially for a leader with a technical background.

However, the speed of the train depends on the locomotive.

If the locomotive leads in the wrong direction... Looking at the "front" from the "back", Changhong did take another detour after Ni Runfeng.

A person will not stumble on the same stone twice, but two people can stumble on two stones twice.

Fang Zhuo believes that for a type like Zhao Yong, as long as his technical confidence is broken, he can win in this competition.

Unfortunately, this person's technical persistence is really wrong.

The battle between plasma and LCD is obviously a victory for LCD, the former is PDP and the latter is LCD.

Fang Zhuo was not familiar with the abbreviations of these two technologies, but he was familiar with LED. It was widely used in later generations. Even billboards on the streets and alleys were LED. This is the so-called full-line product production chain advantage.

There is enough reason to believe that LCD has been fed back after defeating PDP in the market, and further technological upgrades have been made to become LED with wider applications.

This is the conclusion Fang Zhuo drew from the information he had learned and the reflection of his memory.

"Changhong is a domestic color TV company with strong technology, but the more difficult it is, the more attention should be paid to the direction of technology upgrades."

"You can't be superstitious about technology just because you have a technical background."

"Ladies and Gentlemen, I don't know if you have paid attention to the restless trend of the entire global industry."

"South Korean companies are ready to move, Panasonic relies on its technology, and the battle between plasma and LCD is already approaching."

"Among them, Panasonic and Changhong are somewhat similar."

Fang Zhuo no longer named names in his words. He glanced at the people who were listening attentively in the conference room, saw the smile of Vice President Mu Wenrui, and said: "Panasonic is also losing money."

Mu Wenrui: "..."

"Panasonic, which is losing money, has a similar idea, relying on plasma to dominate the TV industry industry." Fang Zhuo continued, "But this is doomed to fail, and it is also doomed to be isolated and helpless."

"Japanese companies have been in a very sluggish trend for the past two years. Another TV giant, Sony, has suffered much more serious losses than Panasonic."

"Based on my understanding and contact with Sony, I can conclude that Sony is eager to reverse its own downward trend and cannot stick to plasma. Once LCD starts to gain momentum, it will immediately switch to LCD technology with a higher upward expectation."

"Manufacturer alliances, production costs, and broad prospects are all advantages of LCD technology."

"Everyone, the place of life and death, the way of survival, must be observed."

Fang Zhuo made a judgment and admonition in front of a group of TV insiders, completing the face of fierce and bitter.

However, this group of insiders may not really pay attention to the development of the industry from a global perspective. After all, Changhong is located in the southwest, and its information exchange and business environment are inferior. Now is not the era of casually talking about "empowerment, connection, and precipitation".

Even Zhao Yong, who is confident in seeking a top person in a listed company, is like this, let alone others.

The speech from the richest man in the country made everyone savor the insights.

Ni Runfeng, the current head of Changhong, who had been discussed by the leaders as the crown prince candidate, slowly spoke at this time and expressed his agreement: "Mr. Fang's words really woke me up."

He continued: "We can't be in a loss-making state and tie ourselves up like grabbing a life-saving straw with plasma technology."

"For the upgrade of plasma and LCD, we need to observe the international situation more and must not make the mistake of color tube CRT again. Comrades, that is a painful mistake."

Ni Runfeng was heartbroken. Color tube was the first strategic setback encountered by Changhong. It was a node for Changhong to decline from prosperity. Now, it seems that Changhong has reached another node from decline to further decline.

Fang Zhuo observed the situation in the conference room and saw Mu Wenrui looking at him, so he said: "I am not an expert, and today I am just talking in general, but Mr. Xu of Goldman Sachs is definitely an expert. It is necessary to let him tell us more."

He took the lead in applauding to welcome Xu Chunde of Goldman Sachs.

Applause hesitantly broke out in the conference room, and soon became warm. This was the first applause since the board of directors convened today.

The scene seemed to have become an industry seminar for a while. Whether it was Mr. Fang's speech based on a global perspective or Goldman Sachs' glittering identity, it made a group of people start to think about more possibilities.

Xu Chunde was not stage fright. He was responsible for industry research. Compared with Mr. Fang's outline, there was more data support.

Goldman Sachs' industry experts carefully introduced the situation to Changhong executives.

Vice President Mu Wenrui took this opportunity to turn sideways and whisper to Mr. Fang, wanting to know the identities of the six people standing behind.

Soon, under the voice of the experts, the number of seats on Fang Zhuo's side gradually increased, and several executives at the end of the conference table had to stand up to listen to the class.

Mu Wenrui previously thought that this was Mr. Fang's bodyguard or company assistant, but he didn't expect that there were hidden dragons and crouching tigers in it. Not only a vice president of Goldman Sachs, but also a director who jumped from Sony to Yike, and the most important thing was... there was also a deputy director of Walmart's supply chain.

They really brought a team of experts to visit Changhong!

When Xu Chunde finished his speech amid the applause of the crowd, Mu Wenrui immediately smiled and said, "Thank you, Mr. Xu, for your advice to our Changhong. I didn't know until we talked about it. I saw that the industrial transformation is right in front of us."

"Our Changhong used to be the king of color TVs that drove out foreign color TVs. Now we can't let ourselves fall!"

He looked at Mr. Fang and suggested, "Mr. Fang, we suffered losses in overseas channels before. How about letting Mr. Li from Walmart give us a lecture?"

Fang Zhuo had no objection. Although he thought that technology orientation was more important than overseas channels, he was also happy to further demonstrate his authority.

Li Shaobo, deputy director of the New York State Supply Chain from Walmart, stood up. Walmart's supply chain is not unique in the United States but in the world.

However, the content of his speech was quite harsh. He criticized Changhong's after-sales service of its products in the United States, and believed that if this continued, Changhong's products would soon be kicked out of Walmart's US supply.

This situation is related to APEX. After Changhong filed a lawsuit against APEX, the company basically became a state of abandonment. If Yike had not taken over part of it urgently through its own system, Changhong's products might have been kicked out.

So far, the book value of APEX's goods in the US warehouse is still as high as more than 1 billion, but it can neither open up other channels in the United States nor improve its position in Walmart's supply chain. In addition, with a lot of bad debts, Ji Longfen's Hong Kong GEM company is on the verge of delisting...

Without Yike's help, Changhong's products will only be sold at various low prices, and the money will not flow back to China.

Li Shaobo finished his speech.

"Mr. Fang, can you tell us more?" Vice Director Mu Wenrui said with a smile.

Fang Zhuo shook his head slightly. He had said everything he should say, but his own people could still express their opinions.

He looked sideways and called out, "Lawyer Zhou, please tell us about our business transfer contract with APEX in the United States, so that the leaders don't have any doubts."

The lawyer from Cadwalader Law Firm stood up to explain the contract and legal issues, and also talked about Changhong's lawsuit against APEX. This is all the business of their own law firm, and there is nothing wrong to say.

After the lawyer finished speaking, Fang Zhuo did not intend to continue speaking.

From industry development, technical direction to Changhong's overseas supply and legal procedures, everything that should be said has been said, which is enough for the leaders to weigh.

Seeing this, Lu Jingmin, deputy director of the State-owned Assets Bureau, smiled and said, "Mr. Fang, if you ask me, really, since you are here, then don't leave. You personally come to lead our Changhong, everyone is convinced, and I believe Mr. Mu will not say anything."

Deputy Director Mu Wenrui also joked, "That makes sense. I agree with both hands. If Mr. Fang comes to Changhong, I will be relieved."

The leaders all laughed, and the others in the meeting room laughed too, but some people really couldn't laugh, and that couldn't be forced.

"I am a loyal user of Changhong, otherwise I would not have been so close to Mr. Ni." Fang Zhuo responded with a smile, "This time, I came abruptly, and I was also anxious. Please forgive me if I have offended you."

There was a sound of greetings in the conference room, and the leaders were very graceful.

Now it is clear that the first step is to be brave and the second is to be polite, but it feels natural that "Mr. Fang is like this, what else do you want from him?"

The leaders never mentioned the discussion of the position of the crown prince. The reason why they valued Zhao Yong before was that he had a very strong technical background.

But in today's meeting, Zhao Yong did not come up with a sufficiently convincing point of view in the field of technology. There will definitely be internal research on the direction of Changhong's technical upgrade, but the weight of Zhao Yong's opinion will be questioned.

The leaders did not mention it, Zhao Yong himself did not speak out, and Zhao Yong's people were dazzled by Goldman Sachs, Sony, law firms, and overseas, and did not dare to raise any objections.

The board of directors of Changhong, which intends to replace the top leader of the listed company, is coming to an end.

"Mr. Fang, you came all the way here. We have to welcome you tonight." Vice President Mu Wenrui said, "We have to talk about the development of the company."

"No, no, I told Mr. Ni when I came that I would go to his house for dinner. I've been drinking a lot lately and my stomach is a little uncomfortable." Fang Zhuo declined, "I'm helping to maintain Changhong's overseas channels. We have a long life ahead of us. Let me take a break today. I'll apologize to all the leaders tomorrow."

"Oh, Mr. Fang, you're being too polite. You are Changhong's overseas partner. Can't you tell the truth for the development of the company?"

Mu Wenrui tried to persuade him again, but seeing that Fang Zhuo was really insisting, he had to give up.

The board of directors ended with an unexpected ending.

Changhong's middle and senior management left one after another. There were too many discussions about today's meeting to be analyzed and studied in groups of three or two after returning.

Fang Zhuo shook hands with the four leaders one by one, and the last one was Lu Jingmin, the deputy director of the state-owned assets.

"Boss Fang, you've worked hard on this trip."

"Director Lu, I'll definitely have dinner with you tomorrow." Fang Zhuo invited him, "Director Lu will be in charge today. I'll feel relieved after meeting Director Lu."

Lu Jingmin smiled, shook his hand with a little more force, and said nothing.

The leaders had no intention of leaving immediately, and Zhao Yong's group was the same. It seemed that they still had to communicate privately, after all, today's plan was reversed.

Fang Zhuo and Ni Runfeng walked out of the meeting room first, went downstairs, and walked to the hotel entrance.

Fang Zhuo arranged for his people to return to the hotel, and then said to Ni Runfeng with a look of disappointment: "Old Ni, Old Ni, you should fight for it. I am here now, why are you still hesitating?"

He was talking about Ni Runfeng's hesitation when Vice President Mu Wenrui proposed Zhao Yong as the general manager. He was very dissatisfied at that moment.

Ni Runfeng smiled bitterly: "Boss Fang, that was the suggestion I made in the conference room before you came. I said that Zhao Yong should come to the company to adapt first, and when you come, Boss Mu used this to stop me."

Fang Zhuo suddenly realized that this was the case.

The two exchanged a few words and walked and talked, preparing to take a car to Ni Runfeng's home to talk again.

Fang Zhuo walked a few steps, stopped and waited for the car to adjust its position and drive closer.

Suddenly, he heard the chirping of birds next to him, turned his head to look, waved casually at the tree, and a few birds circled and flew away.

"Magpies? Are there any more magpies at night?" Fang Zhuo got into the car and smiled, "Is it going to rain? When I came here, the weather for this flight didn't match the forecast."

The car drove away slowly.

Zhao Yong and his group, who had just come out of the hotel, saw this scene and didn't say anything.

Zhong Jiexin, director of the Southwest Region, glanced at Vice Zhao quietly, and the words he wanted to say just now were also swallowed silently.

The magpie came, and the magpie was driven away again.

...

A meeting of Changhong ended, and many participants felt that this symbolized something important.

The four leaders who attended the meeting today started making phone calls on the way home, and their meanings were similar, both serious and urgent.

"Tomorrow, tomorrow, don't forget to let your nephew buy Changhong's stocks. You call him now and say that I said it."

"Before, it was before! You wanted to sell before, but now you want to buy. What do you know!"

"You can buy with your spare money. What can go wrong with my vision?"

The listed company Changhong Electric Appliances ushered in good news, which is the most symbolic thing.

Regardless of the medium and long term, in the short term, the news that the richest man in China and Changhong have reached cooperation overseas can stimulate the stock price!

Yikeben, the richest man in China, which has just been listed in the United States, has done well overseas. This is a well-known fact. Now it has taken over Changhong's overseas business and helped the weak with the strong. Why can't the stock price rise?

The leaders are still confident in their vision.

As a leader, you should sell what you should sell, buy what you should buy, and exchange what you should exchange. If you can't grasp this kind of thing, what kind of leader are you?

As for other things, the direction of Changhong's technology upgrade needs to be carefully studied. Changhong's overseas sales seem to have new growth possibilities for GDP.

Chapter 458/1468
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Reinventing the MillenniumCh.458/1468 [31.20%]