Rebirth: Return to 1991 to be the richest man

Chapter 1064: It’s time to taste the bitter pill

Chapter 1064: It’s time to taste the bitter pill
Qiu Hai has been promoting computerized office work for some time.

At that time, Qiu Hai still used LAN.

With the introduction of dial-up broadband, Chen Jianghai feels that the company-wide networked office can be implemented.

Yue Hongsheng was stunned for a moment, and then asked: "Mr. Chen, do you mean that the company will connect to the Internet?"

The Internet began to exist in China in [-], and in [-] it was already available to ordinary people.

If Qiu Hai can use the Internet to work, his efficiency will definitely be greatly improved.

Chen Jianghai nodded and said: "Yes, the Internet will change our lives and work. There is nothing wrong with putting it into use in advance."

Qiuhai's management has all received computer training, so they must be able to learn the Internet quite quickly.

Qiuhai has implemented computerized office work, and many processes can actually be completed on computers.

Taking the previous approach wasted too much time.

"Mr. Chen, I'll take care of this later." Yue Hongsheng nodded and agreed.

Qiu Hai is now so large, if you really want to use the Internet, it will definitely cost a lot.

What Yue Hongsheng has to do is to hire professional people to do professional things and quickly complete Chen Jianghai's requirements while saving costs as much as possible.

"Also, there is a sum of money from Lao Liang in Linghai to upgrade the scientific research center. You can approve the money today." Chen Jianghai then ordered.

Yue Hongsheng responded quickly: "Mr. Chen, I'll do it when I get back!"

It can be seen from Chen Jianghai's attitude that he attaches great importance to this.

And the reason for reform must have been caused by this incident.

Therefore, Yue Hongsheng did not dare to neglect.

Let alone 2000 million, even if it is [-] million, it still needs to be approved!
……

Since the Qiuhai documentary was released, the sales of Qiuhai color TVs have gradually increased.

And the rise is getting bigger and bigger.

In just half a month, the sales volume of Qiuhai color TVs has already reached the top twenty.

I believe that based on the current momentum, it will not be difficult for Qiuhai Color TV to enter the top ten sales list in a while.

Such achievements may not be anything to the previous Qiu Hai.

But now that all national color TV brands are cutting prices, this is already a big improvement.

According to the price of Qiuhai color TV, if you sell a color TV, the profit will be several times that of others.

This is a scary statistic.

It's a pity that others can only be jealous of Qiu Hai's quality and technological content.

This situation is enough to show how much consumers favor overseas color TVs.

At this time, Ning Ruifeng was looking at Changhong's sales report, his face uncertain.

The data is still very beautiful, but compared with last month, it has dropped significantly.

Number one is still number one, but it’s true that sales have dropped.

Seeing such results, Ning Ruifeng couldn't be happy at all. Instead, he looked worried.

A drop in sales means there is a problem.

As long as the problem is not resolved, sales will continue to decline.

Soon, Ning Ruifeng confirmed the reason.

Sure enough, it was because of the Qiuhai color TV.

Looking at the sales data of Qiuhai color TV, Ning Ruifeng's face became even more ugly.

The comeback of Qiuhai Color TV poses a threat to Changhong.

According to the current trend, the sales of Qiuhai color TVs will continue to grow.

Under the circumstances, one day, the sales volume of Qiuhai color TVs will exceed that of Changhong.

The most important thing is that Qiuhai does not discount at all.

Even if Changhong wanted to compete with Qiu Hai, he was no match for Qiu Hai.Qiu Hai's profits were so high that Ning Ruifeng was a little jealous.

However, Ning Ruifeng, like other colleagues, could only be jealous.

You know, Qiu Hai made a terrible investment in the early stage for this high profit.

Billions of R&D funds!
Not to mention that Ning Ruifeng didn't have such a huge sum of money. Even if he did, other shareholders wouldn't be willing to spend it on it. Even he himself didn't have the courage.

Even he himself admitted that he was far behind Chen Jianghai in terms of vision and structure.

Because before that, he would also take it for granted that since he has the money, wouldn't it be good to expand the scale of production?
Wouldn’t it be nice to pass on profits to consumers and cultivate loyal customers?
Like other business leaders, he believes that there is no need for a company to invest too much in research and development.

Using large sums of money to invest in R&D is tantamount to taking a huge gamble.

If the research and development is successful, it will naturally be more competitive than other companies.

But what if it fails?
That means all the funds have been wasted.

If the money is gone, it means that the company will encounter difficulties or even be unable to survive.

At the same time, the founder may still be in debt.

If the money is used to expand production scale, the risk will be much smaller.

If the product really cannot be sold, at least there will still be fixed assets.

But he never expected that Qiu Hai would disrupt the situation with his sword and open up a brand new battlefield.

Ning Ruifeng really wants to stop the price war now.

However, the price war has been going on until now, and Ning Ruifeng, the instigator, cannot stop it if he wants to.

As soon as Changhong stops, domestic brands such as TCLL and Panda will immediately replace it.

When the time comes, Changhong will not be able to defeat Qiuhai, and even the precious title of No. [-] sales will be lost.

This is something Ning Ruifeng and Changhong led by him cannot accept under any circumstances.

Faced with the rapid increase in sales of Qiuhai color TVs, Ning Ruifeng was not the only one who was helpless.

Now all the home appliance companies in the country have been stunned by Qiu Hai.

Qiu Hai's documentary has had a huge impact.

Especially the various patented technologies of the transparent TV basically put all the manufacturers under their feet.

After Ning Ruifeng and others defeated foreign-funded enterprises, they believed that the domestic color TV market would be theirs from now on.

As long as the price drops low enough, there will definitely be no shortage of market.

The appearance of Qiuhai Color TV slapped their faces.

Who says you have to lower prices to seize the market?

As long as the product quality is excellent and the technology is outstanding, it can still seize the market, earn enough profits, and become invincible.

With the re-emergence of Qiuhai color TVs, foreign brands are also showing some signs of recovery.

If these local brands do not make changes, they will be eliminated by the market sooner or later.

Ning Ruifeng looked at the suggestions sent by previous shareholders, his face was livid, his chest was heaving violently, and his fists clenched loudly.

The advice from shareholders is simple: stop the price war and think of other options.

This proposal is really one-sided.

Ning Ruifeng knew very well that no matter what choice Changhong made now, it would be very unfavorable.

If Changhong continues to cut prices, it means that there is no possibility of turning around in the future.

But if it gives up the price reduction, Changhong may not be able to survive now.

The dilemma gave Ning Ruifeng a headache.

As No. 1 on the sales list, Changhong has tasted the benefits.

But now, I have to taste the bitter pill.

(End of this chapter)

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