Reborn since 1993

Chapter 720: What else does it have besides being able to suck up to powerful people?
When they heard the sales statistics from the sales department, applause broke out in the office, and Ren Yuefeng and others breathed a sigh of relief.

With sales of over 49 units in a single day, the Shenzhou second-generation electronic dictionary has definitely set a new record in the domestic electronics industry!

It may sound crazy, but if we separate the domestic and overseas markets of Shenzhou Electronic Dictionary, we will actually find that the domestic sales of Shenzhou Electronic Dictionary have increased compared to last year, but it is by no means that exaggerated.

Last year, when the first generation of Shenzhou electronic dictionaries were released, sales of over 120,000 units were achieved on the first day. Except for 10,000 or 20,000 units sold in overseas markets, the remaining 100,000 units were all sold domestically.

The domestic sales of the second-generation machine were around 270,000 units, which actually doubled. This was achieved based on the existing electronic dictionary users and large-scale advertising. It will be impossible to have such high daily sales in the future.

The most important thing is that the Shenzhou electronic dictionary has opened up overseas markets in Korea, India, Malaysia and Eastern Europe. This is the most important change in the second-generation Shenzhou electronic dictionary!
Because of the hot sales in overseas markets, the combined domestic and overseas sales made the first-day sales of Shenzhou Electronic Dictionary give people a crazy feeling.

In the future, the sales of Shenzhou electronic dictionaries overseas may even surpass those in China and maintain this pace for many years. On the contrary, the domestic market is just a passing fad, and the craze will dissipate in a few years.

But if the rival brands of Shenzhou electronic dictionaries fail to see this point and only see that Shenzhou's machines are selling well, and then they increase their production capacity frantically, they will end up destroying themselves.

Brands like Haojixing and Wenquxing have not developed overseas markets like Dongling Hi-Tech has. They can only focus on the domestic market, and in the end, they basically kill themselves. There is no other way to go!

In the marketing department's office, Li Dongling saw Duan Youli with a sad face. He knew why he looked like that, but he could only express his sympathy for him silently in his heart.

Judging from the current sales momentum, the two million machines in stock will definitely not be enough to sell.

At that time, users who cannot buy the machine and the sales department, retailers, and agents who cannot earn commissions will definitely need an outlet for venting, and someone will definitely be scolded, commonly known as "taking the blame."

Someone has to take the blame for the insufficient production capacity of Shenzhou Electronic Dictionary. If he, the production manager, doesn't take the blame, then how can Ren Yuefeng and Li take the blame...

Although it was indeed Li who proposed to limit the production capacity of Shenzhou Electronic Dictionary, Duan Youli still has to take the blame. The salary that Li Dongling offered to Duan Li was already the highest in the industry, and his salary basically included a part of the "blame fee".

But Duan Youli is taking the blame this time for the society. There will definitely be no punishment, but there will probably be a war of words from the outside world.

However, Mr. Li at the Dongling Hi-Tech headquarters will never forget that Duan Youli was scolded for the society. This is not his black history, but his seniority in the future!
"Announce the sales volume of the Shenzhou Second Generation Electronic Dictionary through the media before tomorrow!

In addition, we will invite some market analysts and industry experts to make some analysis and predictions on the sales volume of Shenzhou's second-generation electronic dictionary this year!"

Li Dongling explained to Ren Yuefeng that Dongling Hi-Tech had always adhered to the strategy of making a fortune in silence. Now that they had made money in US dollars, there was no need to be too ostentatious, otherwise they would be hated.

But this time it's different. Since we want to dig a hole, we must dig it deeper. It would be best to dig a hole that can bury the Shenzhou Electronic Dictionary, domestic and overseas competitors together!
The inventories of Shenzhou Electronic Dictionary's competitors have all exploded. Without their internal conflicts, the entire electronic dictionary market may be able to develop in a healthier way instead of ending up in a mess.

Hearing Li Dongling's words, Ren Yuefeng was surprised for a moment, but then nodded heavily.

Dongling Hi-Tech rarely shows off its muscle and is very low-key in the media. This is different from Mouzhong, Sanzhu Group, and the collapsed Giant Group. Domestic companies are now quite high-profile.

The founders of these companies often appear on television and other media to express their opinions in a powerful and decisive manner. Even if their company is not the best in the industry, they say it is "far ahead."

In comparison, Dongling Hi-Tech, whose revenue has far exceeded theirs and is one of the few domestic companies with overseas markets, has been much more low-key. The frequency of Li Dongling appearing on TV is also far lower than that of Lao Mouzi, the Six Gentlemen of Wantong, Boss Lian Xiangliu and others.

Even because Dongling Hi-Tech rarely responds to external controversies, many companies that follow the trend and try to make a living from Dongling Hi-Tech will occasionally try to take advantage of Dongling Hi-Tech.

Ren Yuefeng felt that a proper flex of muscles might actually be a good thing for Dongling Hi-Tech!

Li Dongling didn't think as much as Ren Yuefeng. He asked Ren Yuefeng to spread the news about the sales volume of Shenzhou Electronic Dictionary, and then find a few analysts and industry experts to spread the news about the sales volume of Shenzhou Electronic Dictionary this year, in order to stimulate the competitors.

As long as you brag big enough, why worry that the opponents of Shenzhou Electronic Dictionary will not take the bait?

As long as they start to increase production capacity and accumulate inventory, Dongling Hi-Tech can just sit back and reap the benefits!

……

At the first branch of Shuchuan Securities, veteran stock investor Xu Jiangwei, as usual, came to the securities branch with his hands behind his back and a thermos cup in his hand.

At present, online stock trading platforms such as Tonghuashun are not yet popular. Most domestic investors buy and sell stocks basically in two ways.

The first way is to fill out a trading order in a securities business department in the provincial capital or some large cities, and then hand it to the counter staff, asking the counter staff to help purchase the filled-in stocks.

The second method is to place an order via telephone, which is also to call the securities business department. Compared with the first method, the second method is slower and more prone to problems.

A few years ago, Pengcheng issued stock subscription certificates, which attracted more than 120 million people to buy them, and they lined up at the securities business department.

Of course, for professional stock traders like Xu Jiangwei, the atmosphere is more important. Buying stocks by phone is not as good as going to the securities sales department. Watching the market and giving advice to others is much more enjoyable here than listening to his wife nagging at home.

"Teacher Xu is here. What do you think of Chuanrong Electronics? How much will it increase today?"

"Teacher Xu, how high do you think Chuanrong Electronics will rise this time? There is news that it will break through the 100 yuan mark this time!"

"I'm just worried that old man Jin Shengmao will sell stocks blindly again. Every time the stock price goes up, he cashes out in various names!"

Xu Jiangwei is not a teacher by profession, but he is the first among this group of stock investors to delve into technology. He is very good at analyzing Bollinger Bands, trend lines, KDJ indicators and the like.

It’s hard to say whether he made money or not, but Xu Jiangwei is one of the few people in the First Sales Department of Shuchuan Securities who doesn’t buy stocks based on his feelings, although sometimes the stock price trend has nothing to do with his analysis...

"It's hard to say, it's hard to say!"

After sitting down, several people immediately gathered around Xu Jiangwei. Although these people did not buy stocks according to his analysis, it did not matter. They were willing to listen to Xu Jiangwei's well-reasoned analysis.

It's just like countless people complain about those stock analysts on the financial channels every day. They don't understand shit, but they still listen to them every day without fail. After listening to them, I feel that their level is too low, but if I don't listen, I will feel uncomfortable.

"From the perspective of KDJ, MACD and other indicators, the share price of Chuanrong Electronics has obviously peaked. This year, Chuanrong Electronics has risen sharply several times in a row, which is already a pre-expected increase. Now it is a good time to cash out!"

Xu Jiangwei spoke with guidance, and the old investors around him, no, old stock investors nodded repeatedly. They all agreed with Xu Jiangwei's analysis.

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“Also, the boss of Chuanrong Electronics, Jin Shengmao, is too narrow-minded!

I've been reading Kazuo Inamori's autobiography recently. Compared with Kazuo Inamori, Jin Shengmao's vision is too narrow, which also determines that the future of Chuanrong Electronics will not have a high ceiling! "

"Sizzle"

After taking a sip of the tea in the thermos cup, Xu Jiangwei continued, "As we all know, Chuanrong Electronics relies on Dongling Hi-Tech. Without Dongling Hi-Tech, what else will it have?!"

"Anyway, I won't touch a monster stock like Chuanrong Electronics. The risk is just too great!"

"I am optimistic about Changhong, a company from Shuchuan. Changhong TV has already occupied half of the domestic TV industry."

"Moreover, Mr. Ni's courage is second to none in the domestic home appliance industry," Xu Jiangwei gave a thumbs up, "I think Changhong will be the only domestic TV leader in the future!"

"In addition to Changhong, Shenzhen Technology, Shenzhen Development, etc., from a technical analysis, the stock prices have also been adjusted to the right level, and they are the leaders in the industry, so there are opportunities in the future..."

"It's open!"

Just as Xu Jiangwei was still talking about the technical indicators he had painstakingly studied these days, someone from the securities sales department suddenly shouted, and then the crowd rushed to the stock display screen, and he stopped with a sense of unfulfilled desire.

"Falled!"

"Chuanrong Electronics opened with a drop of 1.25%!"

"Teacher Xu's prediction was right. Chuanrong Electronics has finally released all the good news!"

"I want to sell Chuanrong Electronics quickly!"

The few people who were around Xu Jiangwei just now saw that Sichuan Rong Electronics opened at a falling price, while Changhong’s stock price rose to a historical high, reaching a high of 66.18 yuan per share.

Seeing this scene, many people rushed to sell Chuanrong Electronics and wanted to buy Changhong.

Xu Jiangwei, who was drinking tea from a thermos cup, couldn't help but feel like he was in control of a strategy. Xu Jiangwei thought that he should go to Wuhou Temple again this week to admire Wuhou's style. He hoped that he would have the same wisdom as Wuhou in the stock market in the future.

While Xu Jiangwei was still thinking about it, suddenly there was another noise coming from the securities business department.

Xu Jiangwei heard only two sentences.

The first sentence is, "Chuanrong Electronics has reached its daily limit!"

The second sentence is, "Shenzhou's second-generation electronic dictionary sold over 490,000 units in a single day!"

(End of this chapter)