Chapter 773: The largest power in the universe returns to the Chinese market

April 1st, Bangzi Country, Sanxin Group Building.

Today is the day when each branch reports its first quarter revenue.

Li Rongju, the helmsman of Sanxin Group, sat firmly in the center of the conference room. On both sides of him were the presidents of various branches of Sanxin Group.

"Sanxin Insurance's revenue in the first quarter increased by 150% year-on-year..." Li Rongju couldn't suppress the surprise on his face as he looked at the report in his hand.

Liu Zairong, president of Sanxin Insurance Company, stood up and bowed to Li Rongju.

"What did your insurance company do in the first quarter to make such a substantial improvement? Tell it to others."

"Report to the president, since Daqin International announced in February that it would invest US$2 trillion in my country, the domestic economy has been greatly stimulated. Wall Street in the United States has rated our country's economy as S-level, the best in history. Among them, Wall Street giants Alex, the CEO of Leishi Financial Securities, even came to our big country for a long-term stay and promoted the country's economy to the world. Thanks to many benefits, our country's stock market soared, rising by 2 yuan in just one month. Point! It reached a height of 1000 points. This time the stock market rose sharply, and many people made a lot of money. They have money, so we at Sanxin Insurance naturally need to seize the opportunity to promote insurance business. Everything was possible thanks to the wise guidance of the president.”

When Li Rongju heard this, he clapped his hands happily to encourage him.

"Very good! Manager Liu is very proactive and knows how to seize opportunities."

Hearing the president of Sanxin Insurance talking eloquently there, the bosses of other branches were not happy.

Is your Sanxin Insurance’s first quarter report good-looking? Mine is not bad either!

The president of Sanxin Securities stood up and said, "Our Sanxin Investment's net profit in the first quarter reached 5000 billion stick coins!"

The president of Sanxin Real Estate said, "In today's stock market, even a pig can make money. Other securities companies have made trillions in revenue, but you have the nerve to reveal your 5000 billion. Our Sanxin Real Estate is in key areas." After taking 5 Feng Shui treasures, the future valuation will be at least 10 trillion stick coins!”

The CEO of Sanxin Securities was not happy when he heard that pigs can make money.

"It's only 10 trillion stick coins. We are just testing the waters in the first quarter, and the second quarter is about to explode! It takes a year for real estate to earn 10 trillion, but it only takes one quarter for our securities!"

Li Rongju looked at the CEOs below and choked each other.

He was not angry, but smiling, enjoying the noisy atmosphere.

Because this can prove that the company is dynamic and developing.

And starting from this year, the big stick country has a clear tendency to become Asia's largest economy.

The moment of glory for the Bangzi people will finally come.

If this continues, the world will become a situation in which the United States and the United States are competing against each other.

At that time, Bangzi Kingdom can stand in front of Hua Kingdom and say, "In the four streets of southeast, northwest and northwest, ask who is the father."

Li Rongju glanced at the crowd and his eyes fell on the man beside him.

The man lowered his head, his face was uncertain and trembling.

"Cui Minghao..." Li Rongju shouted stiffly.

Sanxin Electronics Cui Minghao stood up slowly.

There was a snap.

Li Rongju threw a thick stack of reports on the desk.

The scene fell silent.

"Sanxin Electronics' operating profit fell by 80% year-on-year last year. This is almost a drop of 6.5 trillion Bangzi coins. In the first quarter of this year, it dropped by 35% compared with the same period last year. This is 2.8 trillion Bangzi coins! Do you want to Is Sanxin Electronics going bankrupt?”

Cui Minghao did not dare to raise his head and said with his head lowered, "I'm sorry, president. Last year, Sanxin Electronics was impacted by Apple in the United States in the international market. The performance of its high-end mobile phone business in overseas markets was very unsatisfactory. Mid- and low-end mobile phones were also affected by the impact of China's Competition among mobile phone brands has led to a decline in performance.”

Sanxin Electronics is the company with the highest revenue among Sanxin Group, and its revenue accounts for 60% of Sanxin Group's overall revenue.

No matter how dazzling or outstanding the performance of other subsidiaries is, they cannot make up for the declining share of Sanxin Electronics.

Li Rongju also understood the problem Cui Minghao mentioned.

Although Sanxin Electronics' sales currently rank first in the world.

But this world's No. 1 player will be overtaken if he doesn't make some changes this year.

It was naturally impossible for Li Rongju to accept this fact.

However, the global mobile phone market is approaching saturation, and it is not easy to increase sales.

Currently, Sanxin's business in the world only has two countries with huge prospects.

One is the oil pipe Wuchang, Tianzhu, known as the first country in Asia.

However, the consumption structure of Tianzhu has destined that the main sales models in its market are cheap and low-end phones.

As for high-value-added high-end machines, only China has a market that can be fought for.

"How are you doing with the plan to return to China that I asked you to make last time?"

Cui Minghao lowered his head and said, "We are almost done with our plan to return to China."

"Oh? Now that I've returned to China, I have to work hard on publicity first... How much publicity fee do you want?"

Previously, Sanxin's poor after-sales service and arrogant attitude in China caused Sanxin's mobile phones to be boycotted by the entire country, thus withdrawing from the Chinese market.

After a few years, when I return to China, I will inevitably need to clean up my previous bad impression.

"President, don't worry, Chinese people are the most forgetful. After many years, with the forgetful character of Chinese people, they have long forgotten about the big explosion. We only need to bribe a few reviewers to open the Chinese market."

"The evaluator who worked with us before is pretty good and we can continue to use him."

"Uh...President, that person went to work for free...I won't do the evaluation now. But don't worry, President, we have other candidates."

After hearing this, Li Rongju nodded slightly, "That means everything is fine. Now China's Huawei mobile phones are being sanctioned by the United States, and there is a vacuum in the high-end field. Sanxin Electronics must speed up and return to the Chinese market."

"But..." Cui Minghao hesitated.

"But what?"

"But... 5nm chips... our foundry production schedule cannot keep up with our release pace. I am worried that after returning to China, our mobile phone sales will be booming, but the spot speed cannot keep up with the supply. Chinese people have But they are also the most anxious customers. Once we cannot keep up with supply, some people will jump out and say that we are engaging in hunger marketing... If we were engaging in hunger marketing ten years ago, it might trigger a rush to buy. But now. At this point, engaging in hunger marketing will only cause confusion. Our Sanxin mobile phone has not had a good reputation in China before. This time we return to China, we must make a good first shot and build a good reputation. "