Rebirth: Back To 1991 As the Richest Man

Chapter 997: 39 also ended

Nine hundred and ninetieth chapters thirty-nine also ended

Just when the turmoil in Qiuhai was still fermenting, another incident happened, which surprised the electrical appliance industry.

In other words, this incident shocked the national media.

Just three days later, Zhao Minglin of Sanjiu Group officially announced that Sanjiu is going to enter the home appliance industry.

When it comes to Sanjiu, the medicine that everyone is most familiar with should be Sanjiu Weitai.

In 1985, Zhao Minglin founded this enterprise.

At that time, the company was still unknown and few people knew it.

But by the end of 1988, it had achieved an astonishing output value of 1.8 billion yuan and paid more than 400 million yuan in profits and taxes.

Such achievements made Sanjiu the 82nd among the 500 largest domestic companies.

Zhao Minglin, the leader of Sanjiu, is a very thoughtful person, and he is also a person who dares to do it.

He said it when he went down the mountain to pick peaches.

In 1995, Zhao Minglin met a manufacturer of traditional Chinese medicine injections in Sichuan Province.

At this time, the factory has reached the point where the mountains and rivers are exhausted.

The annual output value is only more than 10 million yuan, and the profit is only about 20,000 yuan. In addition, various arrears cannot be paid in time, and wages are almost not paid out. It is only a matter of time before the company closes.

After Zhao Minglin found out, he spent 17 million to acquire the factory on the spot.

After Sanjiu took over the management, the first thing was to distribute a book to each employee.

The title of the book is "On the Three-Nine Mechanism", which is a book edited by Zhao Minglin.

Sanjiu subsequently implemented market-oriented management in this factory where cadres can go up and down, workers can enter and exit, and wages can be high or low.

In this way, a factory that was about to go out of business has regained its vitality.

A year later, the output value of this factory reached 100 million yuan, and profits and taxes were more than 20 million yuan.

The effect of mergers and acquisitions is significant, beyond everyone's expectations.

In this case, Sanjiu's reputation started immediately.

Subsequently, Sanjiu began a crazy acquisition road.

A while ago, Sanjiu acquired a number of poorly managed home appliance companies, and today announced that it is preparing to enter the home appliance industry.

This is definitely a blockbuster for China's home appliance market.

You know, the current home appliance industry can be said to be very complex.

Changhong's price cuts, Qiuhai's silence, and foreign capital's covetousness can be said to be chaotic and turbulent.

The entry of Sanjiu will obviously make this market even more confusing.

Chen Jianghai was also a little surprised when he heard the news.

The Sanjiu in the previous life involved many industries, but Chen Jianghai remembered that he should not be involved in the household appliances.

Unexpectedly, in this lifetime, Sanjiu will enter the home appliance industry.

When Chen Jianghai thought of this, an idea popped into his mind. Has history changed because of his arrival?

After thinking for a long time, Chen Jianghai finally shook his head and put it down.

Since things have already happened, it is superfluous to think about it. It is better to wait for the development of the situation and see the tricks.

Moreover, in Chen Jianghai's view, Sanjiu's intervention doesn't need to be too concerned at all.

After all, the technology of the home appliance industry is a very important part, and Sanjiu's rash entry is definitely not professional enough, so it is not a cause for concern.

Chen Jianghai believes that there are too many industries that Sanjiu spans, which is not a good thing for an enterprise.

Although Chen Jianghai has invested in so many industries, the main body of his development is still home appliances, and this focus will not change.

Chen Jianghai will invest in other industries, mainly to make money.

The purpose of making money is also very simple, that is, to develop the home appliance industry faster.

What Sanjiu is thinking about now is crazy acquisitions to expand its own scale.

Chen Jianghai thought so, but others did not.

Many people are somewhat worried about Sanjiu's admission.

In the view of Zhao Minglin, the initiator, as long as the company is large enough, it is a big company.

As for the potential of this company, Zhao Minglin doesn't value it at all.

Sometimes quantity does not actually determine quality.

The more industries under the company's name, once a problem occurs in any link, the entire company may be affected unpredictably.

Sanjiu's admission actually had a considerable impact on Qiuhai.

Qiuhai immediately suffered more criticism.

The media believe that Qiuhai was at the center of the storm of public opinion at this time, and his life was already very difficult.

Coupled with the appearance of Changhong and Sanjiu, it is hard to say whether Qiuhai can survive this.

In this case, Qiuhai's market sales will be affected even more.

The only good news for Qiuhai may be the overseas market.

Qiuhai's current overseas market has completely stabilized.

I believe that after a while, it will bring more surprises to Chen Jianghai.

Many domestic home appliance companies did not expect that Qiuhai would fall into such a crisis at this time.

Qiuhai did not cut prices before, which has already made many color TV companies have a lot of criticism.

They feel that the current price reduction of color TVs is to defeat foreign-funded enterprises.

Whoever cuts prices at this time is contributing to the revitalization of national enterprises, which is laudable.

The opposite is a betrayal.

Anyone with a discerning eye can see that this statement is obviously aimed at Qiuhai.

It has to be said that the purpose of this group of people is to make money, but now they can say it in such a high-sounding manner.

Ning Ruifeng can be said to be proud of the spring breeze now. What happened during this period is like a dream.

Before the price cut of Changhong, Ning Ruifeng was still worried about the development of Changhong.

At that time, most of the color TV market was occupied by Qiuhai.

At the same time, foreign companies have settled in Huaxia, and the entire color TV market is definitely full of powerful enemies.

It is no exaggeration to say that if Ning Ruifeng could not take effective measures, Changhong would be killed at any time.

At this time of life and death, Ning Ruifeng also showed his determination to break the boat and made a big gamble, which opened the prelude to the super price cut that shocked the Chinese people.

The reason why Ning Ruifeng did this was that there was a gambling element, and that he was forced to be helpless.

If Changhong didn't make a little change, he would really be dying slowly.

Facts have proved that Ning Ruifeng's choice is correct.

This can be seen from Changhong's current market sales.

The sales more than doubled in a month, which is enough to make everyone jealous.

You must know that Changhong's doubled market was grabbed from Qiuhai and foreign capital.

Now the whole of China~lightnovelpub.net~ who can grab business from Qiuhai?

Even if it can be grabbed, it is absolutely impossible to have such a large share.

In this way, Changhong and Qiuhai's confrontation can be said to have won a big victory.

One month after Changhong's price reduction, other color TV companies followed suit, and their own products have all undergone substantial price reductions.

No way, it's really reached a critical juncture.

If they continue to maintain a wait-and-see attitude, their share will also be completely swallowed by Changhong.