Rebirth: From catering group to world’s richest man

“What’s the meaning?”Dong Minzhu was in a daze.

“Let’s put it this way, Manager Dong, the core components of air conditioners are nothing more than compressors, motors and condensers.

If you say you want to do research and development yourself, then Gree will set up additional compressor production plants, motor production plants and condenser production plants.

And the production line that goes with it, that’s going to be a lot of money.

I think Gree cannot afford this money now, but I am willing to pay it.

And my request is that I want to invest in your company and build a future with your company.

“Lin Shen talked calmly.

Dong Minzhu was stunned. She understood that Lin Shen was not joking when he said he was optimistic about their company. Lin Shen even wanted to invest in Gree for this reason.

Even Zhang Tongchen on the side was stunned. He I didn’t expect that Lin Shen had such a plan and wanted to invest in Gree.

“I’m afraid I have nothing to say about this matter.”Dong Minzhu swallowed.

Accepting Lin Shen’s investment is not an unacceptable condition for Dong Minzhu, because firstly, they are really short of money now, and secondly, Zhenxing Electrical Appliances, as a home appliance retailer with such a strong strength, if it can cooperate with By maintaining a close relationship, Gree air conditioners will benefit immensely in the future.

In fact, in order to maintain a good alliance of interests with powerful dealers, some home appliance manufacturers will indeed give certain shares to dealers.

It is given away for free, so these big dealers will have a feeling that I also have shares in this home appliance factory, which is equivalent to my own factory.

Of course, it will be more responsible for distribution.

However, Gree is not named Dong, although some people have already named her. She thinks she is Gree’s second-in-command now, but after all, she alone has the final say.

“I understand. I am willing to wait for news from Manager Dong. Lin Shen said

“Mr. Lin, let me ask another question. If, after discussion, we finally decide to let Mr. Lin invest in Gree, how much money can you invest?”Dong Minzhu asked tentatively

“How much money do you want, how much money can I invest? Lin Shen said proudly.

Dong Minzhu was shocked, is Lin Shen really so rich?

The expansion speed of Zhenxing Electrical Appliances must be supported by strong funds. Lin Shen wants to invest in Zhenxing Electrical Appliances, and also wants to invest in Gree. He also said how much it would cost and how much it would cost. This was indeed too exaggerated. Dong Minzhu couldn’t believe it. How much money did Lin Shen have?

Although their Gree air conditioners had sales of 140 million last year, their profits were not high.

The selling price was For an air conditioner that costs about 7,000 yuan, they can only earn 800-1,000 yuan because the components are not produced by them, and sales rely on dealers.

In addition, competition among peers is very fierce, such as leaving enough for dealers.

Profit, so they don’t make much money, and the money they earn does not mean that they can save it, but will be invested in the production and procurement of the next year.

Over and over again, the cash flow on their company’s books is even very low.

Sometimes it’s flat, and sometimes it’s still a negative cash flow.

If their lives weren’t better every summer, just the people who came to ask for refunds the day before yesterday would drive them crazy.

That’s why Lin Shen said so boldly. Just say how much money you want, this stimulus is a bit big for Dong Minzhu

“How about it, Manager Dong? Lin Shen said

“Okay, I will talk to Mr. Zhu (the boss of Gree) about this right away, but the specific situation will definitely depend on the voting results.”Dong Minzhu said

“OK, call me if you have news.”Lin Shen asked Zhang Tongchen to leave his phone number for Dong Minzhu again. After the matter is settled with Dong Minzhu, the rest depends on God’s will.

Because Lin Shen is not absolutely sure that Gree will agree to his investment, because Even if they don’t have money, they can still mortgage the factory to get a loan from the bank, and they don’t have to accept Lin Shen’s investment.

They can only see whether their disruption will change the history of the previous life.

Lin Shen estimated that Dong Minzhu would soon. He would discuss the matter with Zhu Hongbo, the boss of Gree, and then raise it at the board meeting, so Lin Shen did not plan to leave Zhushi just like that, but waited for two more days.

…………

Lin Shen’s guess was correct. After Lin Shen and Zhang Tongchen left, Dong Minzhu repeated Lin Shen’s words to Zhu Hongbo basically intact.

Zhu Hongbo was also very interested after hearing this, and proposed Lin Shen’s proposal to others at the board meeting.

Sure enough, it is not easy to accept investment from others. Many stubborn members believe that Gree should not give shares to outsiders. They would rather not develop their own technology and improve quality than let others invest.

Dong Minzhu stood up and said:”The person who proposed to invest in us is not an ordinary person. Have you heard of Zhenxing Electrical Appliances?”

Someone on the board of directors immediately said:”Of course you have. We have a Zhenxing Electric Co., Ltd. in Zhu City. Electrical appliances. They do their own after-sales service and the business is very good.”

Zhushi also has a Zhenxing Electrical Appliance Co., Ltd. which just opened this year.

Zhu City is the earliest special economic zone in the Dragon Kingdom, and of course Zhenxing Electrical Appliances has also settled there.

“Can you imagine? Last summer, Zhenxing Electric opened their first store in Shai.

In just one year, Quanlongguo has opened 30 Zhenxing Electrical Appliances branches, all of which are directly operated.

Among them, three stores have been opened in cities like Shai and Pengcheng.

This shows two things.

First, the boss of Zhenxing Electrical Appliances is very rich, very rich.

The second question is that if Zhenxing Electrical Appliances continues to maintain this momentum, it will open all over the country and become a super large retailer.

According to my understanding, wherever Zhenxing Electric Appliances goes, the business of the local home appliance malls will be greatly affected, because Zhenxing Electric Appliances is too competitive.

In the future, a large number of home appliance retail stores will be closed down by Zhenxing Electric Appliances.

“Dong Minzhu said

“So what? Just because he is rich and powerful, should we humbly accept his investment?”One person said unconvinced.

“First of all, our acceptance of investment does not mean that we have to be cowardly.

Secondly, the real strength of Zhenxing Electrical Appliances lies not in his wealth or his rapid expansion, but in his layout, his courage, and his foresight.

Zhenxing Electric Appliances is the first national home appliance retail chain in the country.

Apart from Zhenxing Home Appliances, there is no other chain in the country.

I believe that this model of revitalizing electrical appliances will be the future trend.

Zhenxing Electric Appliances is likely to dominate one-fifth of Long’s home appliance retail market in the future.

“Dong Minzhu said with a very certain tone.