Chapter 667 This account is wrong!
The Second National Cotton Factory!

When Li Yi, Zhang Ziqiang, Li Yeqiao and others came over, Jiang Longcheng was having a meeting at the factory office. After receiving the secretary's report, he immediately asked the deputy factory director to preside over the meeting, and he left the conference room with the finance section chief. out.

After seeing Li Yi, Jiang Longcheng immediately smiled and said: "Brother-in-law, you came at the right time. If it is any later, the factory's profits will be turned over to the Ministry of State-owned Assets. Then you want to get money from them again." It’s not easy to come out!”

Li Yi smiled and said: "It's okay, even if the money goes to the Ministry of State-owned Assets, they have to give what is due!"

Although Jiang Longcheng's concerns are very necessary, Li Yi believes that with his current status, no one dares to hack his money.

Putting aside the fact that he and the Second National Cotton Factory had it written clearly in black and white, if the Ministry of State-owned Assets dared to blackmail his money, it would be unjustifiable in terms of emotion, reason, and law.

What's more important is that he is now a favorite in the eyes of the big guys above. He has made more than a billion dollars in money back to the country several times in a row, and he didn't ask for a penny of commission.

If this matter offends me and gives up the choice, even Wang Tianrong from the Ministry of State-owned Assets cannot bear the consequences.

"It's better to take it away quickly, so as not to have to fight with them later!"

"Row!"

Later, accompanied by Jiang Longcheng and Xue Jianzhong, the group came to the Finance Department of the Second National Cotton Factory.

After arriving at the Finance Department, Xue Jianzhong immediately asked the staff to find out the factory's financial statements and year-end benefit statistics for the past year and put them in front of Li Yi.

Li Yi did not check, but pushed everything to Li Yeqiao aside.

As Li Yi's chief accountant, Li Yeqiao immediately took the information and read it.

While Li Yeqiao was checking the information, Jiang Longcheng looked at Li Yi and said, "Brother-in-law, there is something I want to hear your opinion on!"

"What's the matter?"

"Many comrades have suggested reducing the price of clothing in the factory. I'm a little unsure about this!" Jiang Longcheng said.

"Price reduction? Who suggested the price reduction and why?" Li Yi frowned.

"Brother-in-law, it's not just one or two people who proposed reducing the price, but a large number of comrades who have this idea. As for whether you are willing, the main reason is that we feel the pressure now!"

Li Yi frowned and said, "Someone is following the trend?"

"Ok!"

Then Jiang Longcheng continued: "In the second half of this year, many textile factories have begun to imitate us. Their factories imitate our clothing styles, and then they also imitate us in opening specialty stores!"

"Among them, the No. [-] National Cotton Factory in Beijing and the Hucheng Textile Factory are doing better. They have followed our example and opened many directly-operated stores in many places. Our turnover has been affected to a certain extent."

"How big is the impact?"

Jiang Longcheng immediately replied: "It's not too big. The main reason is that we have many specialty stores, and our sales range covers almost all large and medium-sized cities in the country, while the sales areas of those textile factories are only limited to Beijing, Shanghai, Jincheng and other places. , so the overall impact is limited!”

"But we found that as long as there are stores in the No. [-] National Cotton Factory and the Shanghai Textile Factory, the turnover of our stores has grown very slowly, or even declined slightly!"

"Are you going to start a price war with them?" Li Yi frowned.

"It's not a price war, but we found that those factories sell them really cheap! We sell the same good-quality shirt for 12 yuan, but others only sell it for 8 yuan, which is much cheaper than us. It’s a third cheaper.”

Then Jiang Longcheng said again: "Many people choose the cheaper one after comparing the prices of several companies. So many people in the factory are considering whether to set the price lower as well."

"You can't lower the price!" Li Yi said decisively.

"Brother-in-law, can we not lower the price? After all, the same thing is much more expensive for us than others. If it were me, I would also buy from others!" Jiang Longcheng said.Li Yi glanced at him and said, "Are you sure our products are the same as theirs?"

"Well, the same cotton fabric and the same style, aren't they the same thing?"

"Third brother, don't forget, our clothes are produced by Feixue Clothing. Just because of the Feixue Clothing brand, it should be more expensive than others!" Li Yi said.

"This"

Li Yi knew that Jiang Longcheng didn't know much about business, so he might not understand what he said about brand premium.

At the moment, Li Yi organized his language a little, and then said: "Third brother, do you know how much a color TV sells in China now?"

"I really know this. That kid from Jianhua bought a Venus brand color TV set a few days ago. He spent 1800 yuan on it. Why did you suddenly ask about this? Are you ready too?"

"Don't think blindly, it doesn't mean anything!"

Then Li Yi Li Yi said again: "Then do you know how much an imported color TV costs?"

"I'm not sure about this. You also know that our old man doesn't like foreign products, so we don't pay much attention to those foreign things!" Jiang Longcheng said.

Li Yi immediately said: "I know that a Panasonic color TV made in Japan can be sold at a high price of 3500 yuan in our country. Even on the black market in Guangdong Province, smuggled goods cost about 2800 yuan!"

"So expensive?"

"Yeah, but did you know that the production line of the Venus color TV you mentioned also comes from the island country. Except for the slightly different casing of the Panasonic color TV, there is no essential difference."

Then, Li Yi changed his voice and said again: "According to your idea, isn't this the same thing? Then why can others sell it for 3500, but our own products can only sell for 1800?"

"This"

Before Jiang Longcheng could think of how to answer, Li Yi said: "Just because it is a product of Panasonic and most countries in the world recognize this company, its brand has the ability to command a premium!"

"Our Feixue clothing has become famous across the country and has been recognized by the people. As long as we ensure that the styles of the clothes can always meet the public's aesthetics, lead the fashion, and always ensure that our quality is high, we don't have to worry about the price. It’s expensive and no one buys it!”

Li Yi actually has high expectations for the Second National Cotton Factory.

As the earliest factory in China to transform into ready-made garments, the Second National Cotton Factory is already ahead of all textile factories. In addition, they have now opened hundreds of specialty stores in the country. If they can continue to go forward firmly, the future will be very bright. It may become a real giant in the domestic clothing industry.

Let’s talk about the price issue. It is undeniable that the price of Feixue clothing is indeed more expensive, but the price is not outrageous, and it is far from the level of luxury goods.

What's more, any industry in any country needs a high-end brand. Li Yi hopes that Feixue Clothing will become the number one brand in the domestic clothing industry.

"The First National Cotton Factory and the Hucheng Textile Factory."

"Don't worry about them, just be ourselves. They won't be able to threaten us in a short time!" Li Yi said.

"Okay, I know what to do."

Just as he was talking, Li Yeqiao suddenly said: "This account is wrong!"

Hearing this, several people in the room were stunned!

Li Yi and Jiang Longcheng also stopped talking and looked here.

PS: There is one more chapter before twelve o'clock!
(End of this chapter)

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