Rebirth: Return to 1991 to be the richest man

Chapter 1700 The most sober one

Although the Zhujiang Refrigerator Factory was founded by Pan Min, its property rights belong to the town government.

Although this company has developed extremely well and created a lot of profits, as the leader, Pan Min was in a very embarrassing situation at the time.

The Zhujiang Factory is growing day by day, but the management team does not have any equity, only a relatively meager salary, and lacks an incentive mechanism.

In this regard, Pan Ming has made it clear or covertly many times, hoping that the town government can consider this aspect and stimulate the enthusiasm of the team to a greater extent, so that the company's operations can be taken to a higher level.

The final answers I received were vague and ambiguous.

Another headache for him was that a problem arose after Rongsheng refrigerators were sold well in China.

The ownership of this brand belongs to the town government, and some town-owned enterprises have taken the opportunity to use this brand to produce other small household appliances.

As a result, it seriously interfered with and affected the reputation of Zhujiang Refrigerator Factory, and Pan Min had nothing to do about it.

Because of local protectionism and the inextricable ties between these companies and the government, the local government acquiesced to this behavior.

All in all, after these companies made money using the Rongsheng refrigerator brand, they created tax revenue for the town government and naturally received support.

In [-], Pan Min decided to find another way and transformed his company into Kelon Group.

After the establishment of the new group, he announced the creation of the new Kelon brand and entered the air-conditioning industry.

In Pan Min's plan, the Kelon brand is owned by the company, which can gradually get rid of the government's strong control.

His "independent tendency" naturally attracted the attention of the town government and attached great importance to it.

From this moment on, the fate of Pan Min and the company became very delicate.

In [-], Kelon Electric was listed on the Hong Kong Stock Exchange.

It raised 12 billion yuan and became the first township enterprise in the country to be listed in Xiangjiang.

Pan Min was ambitious and conquered cities and territories everywhere. He established two production bases in Sichuan Province and Liao Province.

In this way, the cost of logistics and transportation can be greatly reduced.

At that time, he also made a very important decision to invest 10 billion yuan in Huaxia coins to establish Kelon's technology center in the island nation of Kobe.

The current situation at that time was that Chinese refrigerator companies quickly defeated foreign-funded companies through price wars. The media publicized the situation and the situation seemed to be great.

But Pan Min is undoubtedly the most sober among these people.

He clearly knows that in order to stabilize the market success of local companies, they must have core development capabilities in technology.

At that time, all domestic home appliance companies were actually assembly factories.

The most core components still need to be imported from abroad.

The core technologies of global refrigerators are controlled by companies such as Toshiba, Sanyo and Panasonic.

Pan Min extends the frontier of technological development to the mainland of the island country, which is a very costly but miraculous strategy.

Pan Min said something like this - If we cannot install a [-]% Chinese refrigerator in our lifetime, our generation of refrigerator people will be ashamed of future generations.

However, what Pan Min never expected was that at the end of this year, without any warning, Kelon Group suddenly announced that Pan Min would resign as president of the company.

In April of the following year, Pan Min stepped down as chairman again.

If ordinary people encounter this kind of situation, they may blame others.

Pan Min is certainly not an ordinary person, he did not do this.

After realizing that nothing could be done, Pan Min retreated quite quickly.

Pan Min gave almost no explanation for his resignation to the outside world, and he quickly made the decision to immigrate abroad.

In order to express his complete retirement, he made a three-point agreement with Kelon, not to keep his office, not to receive a penny of Kelon's pension, and not to take a share of Kelon's shares.

At this point, Pan Min, who had brought Kelon to prosperity, left frustrated and left the historical stage that belonged to him.

After publicizing six retirement plans, he disappeared from the Chinese business community.Chen Jianghai has always felt sorry for Pan Min.

If he can work for a few more years, maybe under his leadership, Huaxia's refrigerators and air conditioners can really usher in their own spring.

"Mr. Chen, have you seen him?"

Yan Fei saw Chen Jianghai silent, and after waiting for a moment, he couldn't help but remind him in a low voice.

Only then did Chen Jianghai come to his senses, and then ordered Yan Fei: "Invite him in quickly."

After thinking for a moment, Chen Jianghai immediately stopped Yan Fei who was about to leave, and said quickly: "Let's go, I'll go with you."

Hearing what Chen Jianghai said, a look of surprise clearly flashed across Yan Fei's face.

This Pan Min actually allowed Mr. Chen to greet him in person. It seemed that he was no ordinary person.

Thinking of this, Yan Fei quickly followed Chen Jianghai and went to greet Pan Min.

Soon, Chen Jianghai saw Pan Min.

At this time, Pan Min was already in her 60s, with gray hair on her temples.

However, the whole person looks very energetic, full of vitality that does not belong to his age.

"Mr. Chen, please don't take offense if you take the liberty of visiting me." Pan Min greeted with a smile.

Chen Jianghai quickly stepped forward, shook hands with him cordially, and said, "Mr. Pan, you are welcome to visit Qiuhai."

The reason Pan Min came to visit Chen Jianghai was to visit Qiuhai.

Chen Jianghai naturally welcomed this.

"Mr. Pan, I have heard of your reputation in the industry a long time ago." Chen Jianghai complimented from the bottom of his heart.

Pan Min was obviously very happy when he heard Chen Jianghai say this.

Today's Chinese national enterprises, Chen Jianghai is definitely the leader and extremely dazzling.

Pan Min is older than Chen Jianghai and started business earlier than Chen Jianghai.

But when it comes to achievements, it really doesn't compare.

They have Fortune [-] companies in their hands, but Pan Min only has Kelon, whose words don't work very well for him. The situation is very embarrassing.

Comparing the two, a judgment is made.

It can even be said that in front of Chen Jianghai, Pan Min, as a veteran, did not have much confidence at all.

Pan Min was somewhat surprised that Chen Jianghai could be so polite.

This time he came to Xijiang and came to Qiuhai Building on a whim.

He felt that since everyone was here, if he didn't take a walk around Qiuhai and chat with Chen Jianghai, it would be in vain.

Before coming, Pan Min didn't say hello to Chen Jianghai in advance.

After waiting, Pan Min felt a little rude.

However, everyone had arrived, and Pan Min didn't want to return without success, so with the mentality of giving it a try, he went to Qiu Hai's people to identify himself and expressed that he wanted to see Chen Jianghai.

What Pan Min didn't expect was that Chen Jianghai came to greet him in person.

Chen Jianghai's actions made him feel a little flattered.

Pan Min had read too many reports about Chen Jianghai in newspapers.

What Pan Min saw was a high-spirited national entrepreneur with a vision and a keen business sense that ordinary people did not have, and he had done many things that were like miracles.

Each one is worthy of praise and worth learning from entrepreneurs like them.

(End of this chapter)