Traversing the courtyard

In a blink of an eye, the editing of "Fist of Fury" was completed, and it was screened publicly during the school holidays. Xiangjiang once again attracted thousands of people to the cinema.

Throughout the Spring Festival, the topic of "Fist of Fury" has continued, and even children who have just started school can say "I am Chen Zhen".

Li Xiaolong's posters can be said to be available in every family. Xiangjiang, with 200 million people, gave a box office of more than 600 million. Although it was just the beginning of 72, many people asserted that "Big Brother Tangshan" won the annual box office last year. In addition to the champion, this year's box office champion is already in the pocket of "Fist of Fury".

Ah Zhen hurriedly pushed away Weidong's office, sat down and handed over a piece of information, saying: "Suoni and other companies' factories in the Philippines can already produce various home appliances, and the first batch of goods has been shipped."

Weidong took over the information, which contained the latest information. The assembly line had already started production, and now that the goods had been shipped, it was time to cut prices again.

Said: "Then we also started to prepare, first cut their wholesale prices, and started to clear the original inventory."

Now it’s not my own company that produces home appliances. There are hundreds of companies that assemble components from Qiuyu Group. Some companies only focus on the promotion of one product, and even invest in some small research and development by themselves and then authorize Qiuyu Group to produce. Try to separate yourself from other brands in order to have your own competitive products.

Weidong strongly supports this kind of research and development, giving money and materials to cultivate sustainable development. Of course, the research results Qiuyu Group will also occupy some shares.

Now if you want to compete with Suoni on price cuts, you must first communicate with these companies and inform them to clear out all the previous inventories, so as to avoid direct price cuts and losses.

A month later, the cargo ship transporting the home appliances of the Suomu Company was still floating in the Pacific Ocean, and there was another wave of price cuts for home appliances in the international market, directly reducing the price by nearly [-]% from the original basis, but this price cut caused a sensation It is much smaller. After all, there has been a relatively large drop before, which consumes a lot of ordinary consumers' desire to buy.

However, the price cut here immediately poured a basin of cold water on Neon, which is very unexpected. According to their investigation and deduction, the cost of home appliances produced in the Philippines is still cheaper than that produced in Xiangjiang. Why did the accident happen? too!
After all, the salary level of Xiangjiang is higher than that of the Philippines, Malaysia and other places. Now that Xiangjiang's company has cut prices again, it is reasonable to say that it is losing money.

Sugiyama Cang, the president of Suoni Company, was speechless after reading the report for a long time. According to the original plan, with production bases such as Malaysia and the Philippines, the company has the confidence to compete with Xiangjiang. Everyone’s costs are almost the same, and the fight is for others. advantage.

As a traditional enterprise deeply involved in home appliances, Suo Ni is superior to Xiangjiang enterprises in many aspects such as workmanship, quality, appearance, patents and services. The company that was originally confident to suppress Xiangjiang again did not expect to lower the price of the third floor again. , this is directly reduced to the cost line of cable mud.

Could it be that Qiuyu Group sold at a loss?

It was this idea that Sugiyama Cang first came up with, which attracted Vice President Fu and Ling Tai to discuss how to deal with the price reduction measures of the Autumn Rain Group.

After reading the latest news, Mrs. Fu and Ling thought about it and said, "It is estimated that the Qiuyu Group really sold at a loss."

Sugiyama Cang said with a wry smile: "The company has deduced many times and has estimated their production costs. Now the sales price will indeed be a loss. The question is what should we do?"

Yes, this is the headache. After half a year of investment, Suoni, Songshang, Xiapu and other companies have jointly invested in a number of parts production factories and assembly workshops, trained tens of thousands of industrial workers, and turned farmers into I won't say much about the bitterness of the industrial workers. These investments and training are all spent on real money. I didn't expect that at the current price, it would cost a fortune to produce one.

But if such a high investment continues, these factories cannot be closed, and all the previous investment money will be lost.

Thinking of this made my teeth itch with hatred, Qiuyu Group chose to cut prices at this time, in order to let companies such as Suoni maximize the loss of funds.

Mrs. Fu and Mrs. Ling also know the way in the middle, but the current dilemma that Suoni Company is facing is that the production of one unit will cost more than one share. Does the company have the ability to be in a state of loss for a long time like this?

"If it is produced now, it will lose money, and if it is not produced, the investment before production will be in vain. No matter what you can do."

Sugi Shan Cang said worriedly: "Yes, there is no solution to this situation at all."

The price of Xiangjiang’s products is three levels lower than that of Neon’s. Even if the strategy is slightly better, it will not attract buyers. It can only follow the price reduction to reach the same level as Xiangjiang’s products, not to mention that Neon’s products are already in the market. It has been missing from the international market for half a year. It is estimated that even if the price is similar, it will be difficult to compete with Xiangjiang's company.

Fu and Ling Tai said: "I have asked the people in the research department to do a deduction. If we do not make any changes and subsidize production, we will have no funds to subsidize for at most two years."

No matter how much money a company has, it is not enough to lose money if every appliance it produces loses money.

Sugiyama Cang said: "Then stop all our domestic production lines, and ship home appliances produced in the Philippines to sell domestically. This part can make some money, which can make up for the losses in the international market. We will reduce the supply in the international market. The scale will be consumed with Xiangjiang's company first."

If there are no neon products in the market, then Xiangjiang’s home appliances will go back up again after a period of time of price cuts, so Sugiyama Cang would rather lose money and continue to supply to the international market, dragging Xiangjiang’s home appliance companies to maintain this relatively low price. The market price, I lost money, you sell more, and you lose more, so everyone will continue to spend it to see who can't hold it.

Fu and Ling Tai sighed, "That's the only way to go."

I endured it and still didn’t say what was in my heart. I have also deduced it before. If I continue to subsidize the production of home appliances in this way, it will be the Neon company that can’t support it in the end. Home appliances here are the company’s pillar industry, and Xiangjiang’s Qiuyu The group is a comprehensive group, and its flagship product is not the production and sales of home appliances. After the money earned from other industries subsidizes the home appliance industry, it is still very profitable overall.

It is estimated that Suomu Company will be insolvent and go bankrupt after exhausting the last funds.

It's just that the subsidy has just started, and Mrs. Fu and Mrs. Ling didn't say such depressing words to the public.

He just reminded: "President, if we lose money like this for a long time, we will soon be in trouble."

Sugiyama Cang said: "I'll figure out a solution for this matter, there is always a way to continue."

Nihong is thinking hard about the countermeasures and wants to minimize the loss, but it is difficult to find new sources of income in a short time.

Soon, various home appliances made by Neon appeared in the international market. The prices were similar to those produced by Xiangjiang, and some prices were slightly higher. However, with the popularity of the previous years, they still seized a part of the market share.

Ah Zhen also asked during a meeting: "Should we find another way to target them?"

Wei Dong smiled and said: "Don't worry, let's do this first, we have squeezed them from making a lot of money to maintaining losses now, we are cutting meat slowly, as long as there is no change, we will do so, if the knife goes down too hard Well, they can just shut down the company and go back to be a rich man."

"It's still clear to you, yes, now that their capital is consumed every day, it depends on how long they can subsidize."

Thinking about it, he asked in a strange way: "Ah Wei, how much money do we have to lose?"

All the home appliances are under the name of Yixin Home Appliance Company, and they have been handed over to Ruan Tao for management, so Ah Zhen doesn't know how much the home appliances are losing.

However, the company did not allocate funds to Yixin Home Appliances, so Ah Zhen was a little strange.

Wei Dongdao: "We don't lose much, and the chips make money, so Yixin Technology can still make a part of it."

Ah Zhen has no contact with Yixin's finances, and does not know whether it is true or not. In fact, the home appliance company has always maintained a state of capital preservation, mainly because Weidong added a lot of private goods to offset the high cost and low price. The balance remained basically stable.

Ah Zhen said: "Well, I also said that part of the funds need to be transferred to maintain the production there."

Wei Dongdao, "Since there are no recent investment projects, we cashed out the gold futures and escorted the gold back."

Gold has risen to around US$48 now, but Weidong doesn’t want to close out his position directly. He borrowed funds from HSBC to buy 35 billion Hong Kong dollars in gold futures at a price of US$100 an ounce because he had no money before. Now The company has a lot of cash on its balance, and it's time to cash in on the gold.

Jane asked: "Aren't we going to close the position?"

"Why close the position, the cost price of 35 US dollars will no longer exist in the future. With the increase of inflation, it may rise to hundreds of US dollars in the future."

"Then you are optimistic about the market outlook, why invest in the futures market?"

Wei Dong thought for a while and said, "Cash out the gold first, and we'll buy on dips when there are fluctuations."

Don't look at the current price of $48. When Weidong bought it, it was $35 an ounce. Now, if you pay $35, you can buy an ounce of spot gold, which has nothing to do with the current price.

It’s just that many people will choose to close their positions, thinking that the buying price is 35 US dollars and now the selling price is 48 US dollars, and they can earn the price difference between them, but Weidong chooses to take the gold directly.

Ah Zhen went back and informed the direct cashing, which directly alarmed the gold exchange in London. Ten billion Hong Kong dollars can be exchanged for 3663 million gold ounces, and the troy ounce to gram is multiplied by 31.1035, which means that after conversion, there are close to 114 tons of gold that need to be cashed. Shipped away.

This is much higher than the gold reserves of many countries, and there is no such a large amount of gold allocated to the Qiuyu Group in a short period of time.

Because the gold futures were the business of a financial company under HSBC, the gold exchange directly reported the matter to the senior management of Xiangjiang HSBC. John Bao, who had the most contact with Weidong, had no choice but to contact Weidong again for tea.

Weidong was very surprised to receive a call from John Bao, and asked directly: "Didn't you introduce me to a new friend?"

John Bao looked at Shen Porridge next to him, and said speechlessly, "Yi Sheng, I want to introduce our Taipan to you, but there is also the matter of gold futures."

"Okay, as long as it's not a neon person."

Wei Dong came to the private room of the tea restaurant in the afternoon, and there was no sign of the neon man. He also met Shen Congee, the new taipan of HSBC, a few times, but he didn't have any dealings with him.

Sir Bao said, "Yi Sheng, let me introduce to you, this is our new HSBC Tai Pan Shen Congee."

Shen Congee had already stretched out his hands to hold Wei Dong and said with a smile, "I met Mr. Yi."

Wei Dong smiled and said, "Hello."

After sitting down and waiting for the pastries to be delivered, the daily weather chat mode started. Today I just came to talk about gold futures, and I am not in a hurry.

After Weidong took over the bank, he also did some research. Now that he met two people who were engaged in finance, he asked for more advice.

After explaining the operation of the bank, Shen Porridge asked: "Mr. Yi, your request for 114 tons of gold this time is too much, and I won't give you so much in a short time."

Wei Dong asked: "Is there not so much in the London vault?"

Shen Congee explained: "Yes, there are, but giving you so much at once can easily lead to financial turmoil."

Wei Dong said: "How much can I give?"

"Up to fifty tons."

Wei Dong thought about it and said: "Then HSBC will allocate half of it. I will cash out 50 billion Hong Kong dollars in gold, which is 57 tons, and leave 50 billion futures in the account."

Shen Porridge asked strangely: "Mr. Yi, why didn't you close your position directly? According to our research, gold has risen from $35 an ounce to the current $48 in the past two years, and there is already a downside risk."

Of course, Weidong couldn't tell the truth, he just smiled and said, "Anyway, it won't fall to the level of 35 US dollars, and I'm not afraid of it going down if I hold futures."

This is money and willfulness. Are you afraid that it will fall back after you have made money?Besides, there hasn't been a price below $35 in decades, so there's nothing to be afraid of.

After thinking about it, he said, "Can I order ten tons of gold from HSBC every month at the market price?"

Although Weidong increased his investment in various places, he still spent less and did not earn much. After the scale became larger, Weidong increased the quantity of shipments again, and there was always a huge amount of money in his account. The gold acquisition is also picked up again. Besides, a lot of gold will be used in chips in the future, and it is a good thing to reserve some in advance.

Bao Yuehan and Shen Congee looked at each other and nodded slightly, Shen Congee said: "Yes, do you have a quota?"

Weidong thought about it, it seems that the gold surge was during the war in the Middle East, and the whole world was worried about the World War III. Gold and other precious metals were hoarded crazily.

Said: "Collect this year and next two years first, and talk about it later."

Weidong still has the 57 tons of gold that he bought before, and after two years of collection and the 300 tons, there will be more than 500 tons of gold, which is almost enough, and he will absorb some at a low price in the future to make a difference and strive for Can store [-] tons of gold.

I remember that Ah San's family in later generations has a gold reserve of more than 500 tons. If we put more effort, it will exceed Ah San's stock.

Shen Congee nodded and said, "Yes, we can receive your goods from the global gold market."

If you want more, only HSBC has safety measures to ensure that the gold can be obtained smoothly. This high-profile transaction will attract a lot of attention. Weidong doesn't want to go to London to find a way to store the gold in the space. .

I would rather spend an extra sum of money at HSBC and let it go directly to my home.