Rebirth: Back to 1991 as the richest man
Chapter 430 This is the first time I’ve met someone like you
On October 7th, Manmu launched a price war for more than a month.
Xiangyue fulfilled the relevant terms in the contract and paid salaries to the employees of Modu Clothing. In terms of salary, Wu Yikong would not tear his face and press the salary too hard, but also win people's hearts and value future development.
The wages of the administrative staff of the main factory have been reduced, but they are guaranteed to be 300 yuan, but the workers in the workshop are miserable, with only more than 150 yuan for living expenses.
Note: The average salary in Magic City in 92 was 356 yuan. The purchasing power of Chinese currency is constantly decreasing and prices are rising.
The total salary expenditure is nearly 1.2 million yuan, and the agency processing fee is the bigger one. The loss in September was about 5 million yuan.
The most serious problem currently facing the Xiangyue brand is that the factory area is completely unable to move goods, and no franchisee is purchasing. Even if the purchase quantity terms are cancelled, there are no new franchisees.
Xiangyue has fallen into a vicious cycle. Because of the agency processing agreement, the backlog of inventory is getting worse and worse!
It stands to reason that within a month, Xiangyue's original franchise merchants will have cleared their inventory, and there is no more inventory on hand, so they can continue to purchase goods from the factory.
The brand has also reset its purchase price, which has dropped to freezing point, but still no one comes to purchase and no one cares about it. The brand has lost credibility and the price is still on the high side.
At this time, Wu Yikong felt great pressure. He stepped on the edge of the cliff. If he took another step back, he would be in an abyss, and he would be sued.
The shipment amount in the first quarter was around 23 million. Excluding the first capital injection for Modu Clothing, as well as advertising operating costs and other expenses, the dividend profit reached 7 million.
But the current hole is only 5 million, and Wu Yikong can only ask the Xiangxie headquarters for dividends and profits. The remaining expenses are only enough to pay employees next month's salary, and they can't even cover the production expenses of agency processing.
If the dog cannot create value for the owner, the dog will be beaten. Wu Yikong was scolded and scolded, and he did not even dare to express his anger.
Now if Xiangyue wants to withdraw funds, it can only sell it to merchants at a lower price, but that will be a greater loss, similar to clearing out stocks.
Only by holding the chips in hand, Wu Yikong can wait for the "rising" market. The most ideal way is to ask Li Minyang to stop and increase the price appropriately, so that Xiangyue can achieve profits.
"We can't wait any longer. We have to go to Fuhai as soon as possible. Even if we give the pricing power to Li Minyang, he can even have the final say on how much Xiangyue sells.
In addition, Bao Zhang, you must hurry up and write a market report on sexy underwear, mainly marking the future revenue of the market, and then mail it to the US headquarters. If Li Minyang is cheap, the price war will continue and we cannot give up on this market. "
Wu Yikong looked anxious.
"I understand, let's book a flight to Fuhai first."
Bao Zhang said loudly.
Only a few hours later, the news that Wu Yikong and Bao Zhang were going to Fuhai to "seek peace" aroused the excitement in the factory area.
This made Chunliang and others uneasy. After encountering a major event, they hurriedly went to Lu Deguang's home to discuss countermeasures.
"No matter what, we can no longer cooperate with rice companies. Holding 51% of the shares is a trap. They set up a trap to make us jump down. If we can continue to fulfill the terms, the Magic City factory will become theirs."
Chunliang was so excited that he spat and grabbed Lu Deguang's old hand again, apologetically saying: "Old factory director, I really have no say in the matter of your expulsion, so I have made you suffer."
"There is no need to mention this matter. It has already passed. Let's talk about the current situation. When we signed the agreement with Xiang Yue, I was mainly responsible."
To this day, Lu Deguang still feels guilty about signing a cooperation with Wu Yikong at that time. The old man has a strong sense of responsibility.
"The contract with Xiangyue was voted on at the meeting. It has nothing to do with you directly. All leadership teams are responsible."
Chunliang said something fair, swallowed hard, and said seriously:
"Wu Yikong is the earliest flight tomorrow. That person just wants to take a breath now. He will let Manmu set the price, and even how much Xiangyue sells. Who will have trouble with money, and Manmu's The purpose has been achieved.
I'm worried...Li Minyang will probably sign a price agreement with Wu Yikong to ensure a certain interest range. In this way, the Magic City factory will still be in the hands of rice companies. "
Chunliang became more and more anxious as he spoke, and large beads of sweat overflowed from his forehead.
And how many people in charge of domestic brands have fallen into quagmire because of the "sugar-coated bullets" of rice companies.
"call......"
Lu Deguang took a deep breath, knowing that the situation was urgent and even related to the survival of Magic City Clothing.
"Thinking about it, if we were Li Minyang, we wouldn't let the company lose money in vain, we would all agree to insure the price. Alas... this is not easy to handle."
The wrinkles on Lu Deguang's forehead suddenly increased.
"Old factory director, you must think of a way. Previously, Fuhai's financial leader asked our factory to help purchase a batch of goods. He owes you a favor. We must use it this time."
Chun Liang said anxiously, this man is thinking very far.
"I'll try calling, but even if Director Guo's reputation is big enough, it's hard for Li Minyang to agree. After all, there are too many funds involved."
So Lu Deguang dialed Guo Zhiyuan's number in front of Chun Liang and other management.
They all rely on the connections that the old man has accumulated throughout his life.
Guo Zhiyuan patiently listened to Lu Deguang's appeal. He couldn't guarantee it, but Lu Deguang was pleading. He had to give Li Minyang a break both emotionally and rationally and do his part.
"Director Lu, please wait for my call back."
After Guo Zhiyuan hung up the phone with Lu Deguang, he immediately called Li Minyang. He knew that the boy had just returned to Fuhai from Jingping.
"Minyang, Lu Deguang came to me for help. He helped with the order last year, so I have to do it right."
Guo Zhiyuan got straight to the point and was not polite to Li Minyang at all, but how could this old bastard not know what Lu Deguang wanted? When rice companies infringe on domestic brands, they basically follow a routine.
"Director, you are my noble person. Regarding Lu Deguang's matter, I agree to whatever you say."
Li Minyang spoke firmly and showed a simple and grateful image, which made Guo Zhiyuan lose his mind.
When did I have such a big reputation that I could cost Chengde tens of millions just by opening my mouth?
"No, Minyang, you may not know Lu Deguang's demands."
"No, director, you may not understand what I just said. As long as you ask, I can do anything, anything."
"You kid! Hahahahaha... You have lived up to my helping you. It makes my heart warm to hear that."
"Director Guo, I will always remember your kindness." Li Minyang was immediately moved.
Director Guo then explained in detail to Li Minyang the expectations of Lu Deguang and others from the Magic City Factory, and the old swindler pretended to be in a dilemma.
"I can continue to engage in price wars with rice companies, and it will only cost tens of millions more, but there is one thing. As long as you ask the director, I will help you immediately!"
"Here......"
Director Guo really didn't know how to do it anymore. He could only scratch his head and giggle. He hadn't seen many people before, but this was the first time he had seen someone as grateful as Li Minyang.
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