Chapter 756 Dong Ge Flew to Yangcheng Specifically to Ask for Advice

Ning Qiang flew here from Xiangjiang, and he still attaches great importance to Genting Technology, because Genting Technology is an attempt by the Ning family to develop into the high-tech field.

The celebration party ended after 10 o'clock, but Chen Changliu did not go back immediately. Instead, he and Ning Qiang went to another small building to drink tea.

But there were more than just the two of them in the small building, there was also Brother Dong.

Chen Changliu was actually a little strange. What was this guy with thick eyebrows and big eyes doing here?

However, he didn't ask. After saying hello casually, Li Sisi came in personally and made tea for the three of them before going out.

Brother Dong glanced at Li Sisi and stopped looking, but he kept complaining in his heart that Mr. Chen was having a great time, and he had another secretary.

Think about yourself again, hey!

Ning Qiang didn't say anything, just asked casually:

"Xiao Zhao won't be your secretary anymore?"

"Well, she is also the director of the general manager's office now, and she is dealing with some matters with Mr. An over there."

Ning Qiang nodded and asked no more questions. He waited for Li Sisi to go out before saying:

"How about it? How much confidence do you have in Genting Technology?"

Regarding Ning Qiang's question, Lin Fan thought about it and said:

“Although the purchase amount exceeded the budget, everything that followed went smoothly and was within expectations.

Moreover, the Yangcheng City Government and Lingnan Government also attach great importance to it, especially the Yangcheng City Government. As long as it is put into production, there should be government subsidies, at least 30 to 50 million yuan.

And now that the domestic trend has changed, relevant ministries and commissions will invest a lot in LCD panels.

But this is not what I fancy. This time, Mr. An still won the opportunity for 50 people to study in Sakura Country for three months during the negotiation, and they went directly to the front line.

As the general manager of the company, but also the company's biggest technical expert, Mr. An decided to lead the team himself, and he also had to go to the front line.

Therefore, with Mr. An’s enthusiasm, as long as we seize the opportunity of this 3.5-inch mobile phone screen explosion, we can quickly accumulate wealth and invest in research and development.

I believe Genting Technology will soon have more than just 4.5-generation lines..."

Chen Changliu's confident words made Ning Qiang nod. He completely believed what Chen Changliu said.

Ning Qiang, an old fox who has been in the shopping mall for more than 20 years, doesn't think there is anything wrong with it. Not to mention Du Zhiqiu, the credibility that Chen Changliu has built with him along the way is worthy of his trust.

"Okay, if Genting Technology develops well this time, it will be much easier for me to convince people in the family to allocate some resources to high-tech fields."

Brother Dong didn't speak during the whole process, just listening to Chen Changliu. The more he got to know Chen Changliu, the more he admired Chen Changliu.

When Chen Changliu and Ning Qiang finished the topic of Genting Technology, Chen Changliu looked at his brother Yao and said with interest:

"Brother Dong, why did you come to Yangcheng from the capital? You just want to have a cup of tea with me!"

Brother Dong smiled awkwardly and looked at Ning Qiang.

Ning Qiang spread his hands and said:

"Don't look at me. I never ask about business matters. It's not like you don't know. You can ask this kid yourself!"

Yes, Brother Dong is speechless, but he is very happy to have such an investor.

He organized his language and said:

"Mr. Chen, I have two questions that I would like to hear your opinion on. In fact, they can also be said to be one.

That is, Somedong Mall now has a bottleneck in the home appliance market. According to the news I have received, several major offline hypermarkets are preparing to block Somedong Mall.

They let those suppliers choose. If they supply us, they cannot enter their stores.

Although we have done well in the field of e-commerce, our overall sales volume is still far behind that of several major stores.

So this time, several major stores have hit our weak spots.

This time we start financing and plan to raise US$50 million and transfer 15% of the equity.

It was about to be settled, but the major investors also got the news that major stores were going to ban us, and the home appliance field is our largest sales category now, so they were very determined to get 20% of the equity.

Now stuck here!

Without financing, we cannot win against the encirclement and suppression of several major stores, and we will obviously suffer from financing. "

Listening to Brother Dong's question, Chen Changliu felt confident.

In the previous life, Moudong Mall was also blocked by a dominant Mouning store using 2-choose-1. Then Brother Dong fought with him to death, and finally officially became the number one sales terminal in the field of major home appliances in 2015-16.

But it is different from the previous life, where the problem would only appear after a few years.

But with his intervention in this life, Dongdong Mall, with the injection of funds, completed the three-year journey in the previous life in one year, so there was a joint effort to kill Dongdong Mall in advance.

And those investors also saw the crisis of Somedong Mall, so they lowered the price.

Moudong Mall can now be said to be the second largest e-commerce company. Although there is a huge gap between this second largest mall and the eldest one, Moubao, the second largest mall is still the second largest mall. How can it be possible that its market value is only US$250 million.

A valuation of $330 million is more reasonable.

"Okay, I won't say much else. Stop financing. Mr. Ning will join hands with Venture Capital to lend you 50 million yuan to Dongdong Mall to win this battle. By then, 15% will no longer be 50 million US dollars."

Ning Qiang had no objection to Chen Changliu's words, but Dong Ge was a little moved because Chen Changliu said it was a loan, not an investment, because if it was an investment, his share of the shares would continue to decline.

"Thank you Mr. Chen!"

Dong Ge could only offer tea instead of wine to Chen Changliu, and Chen Changliu was not hypocritical.

The reason why he said it was a loan was because he knew that Dong Ge actually had a strong desire for control. He had asked Ning Qiang and Zhiqiu to try not to intervene in management, not only because he was capable, but also to relax his mind.

After all, if the founding team and shareholders could not work together, the development of a certain Dong Mall would definitely be affected.

Chen Changliu put down the teacup, looked at Dong Ge and said:

"Sometimes you have to be a little murderous. It's not okay if someone's gun is pointed at your chest and you still don't have any domineering attitude.

To grab the market, there are only a few routines. I think you have three knives to use, and they are very lethal.

The first knife is to cut "price" to help users cut down the price of goods.

The second knife is to cut "cost". Compared with traditional retail companies, the advantage of Dong Mall is to eliminate lengthy and inefficient supply chain links to reduce costs.

But you still need to strengthen your own cost control.

The third knife is to cut "thoughts". All thoughts that do not consider problems from the perspective of consumers must be cut off.

In addition, you can communicate with Suda Express and let them arrange people to help you deliver home appliances to improve delivery efficiency.

If it is done well, it will not only be as simple as grabbing market share, but also a successful marketing to expand the popularity of Dong Mall.

At the same time, it can change the purchasing habits of some people for home appliances......."

PS: The typos will be corrected first and then corrected.