Rebirth of the Official Business Route
Chapter 591: Ice and Fire 2
Although Aida Electronics and its distributors in Southeast Asia have settled in U.S. dollars, after the continued depreciation of the currencies of Southeast Asian countries, the prices of the goods have been significantly reduced to ensure that those distributors and factories in the Philippines and Malaysia can have meager profits. Maintain current business.
In the Thai market alone, the exchange rate loss is close to 30%. Of course, Aida Electronics will not 100% subsidize the dealer’s exchange rate loss, but lowering the price of the goods by 20% is equivalent to assuming two-thirds of the exchange rate loss. , And forcibly reduced the inventory of distributors in the form of reducing the volume of goods two months in advance. When the financial turmoil raged over Southeast Asia, the distributors of Aida Electronics were much better than those of other disc player manufacturers; Living with tight belts is one thing, but the immediate brink of bankruptcy is another extreme experience. Fastest update of novel chapters
Xie Jiannan learned about the situation of Aida Electronics from the sales channels of King King in Southeast Asia. From the moment he boarded the plane and saw Zhang Ke sitting in the business class comfortably, he was always taciturn. There was an awkward meeting with Zhang Ke. Once upon a time, he was overwhelmed with praises like "Genius Boy" and "Market", but now it seems to be just a ridiculous joke; at least he thought so.
Xie Zhan and Liu Minghui shared the same thoughts as Xie Jiannan. After getting off the plane, the three of them stood in front of the luggage conveyor and could see through the transparent glass that Zhang Ke and his party walked into the lobby after completing the formalities. They closed their heads and smiled, but the slight smile hung on the corner of their lips, which would not be understood as a kind greeting anyway. "Fiction" novel chapters are updated fastest
Xie Zhan was annoyed to smash the suitcase over. If he could ignore the distance of thirty or forty meters, the tempered glass in the middle, and the people who were constantly getting off the plane, he said: "It's really frustrating. Even if we save money, we don't need to sit. What economy class?"
"Alright." Xie Jiannan could still have a calm voice, "Even if you sit in the business class, you will feel better in your heart?" He had already seen Chen Jing and Zijia standing in the reception hall at this time.
Xie Zhan pouted his lips and didn't say anything. Indeed, sitting in the same cabin with Zhang Ke and his party would make the mood even more depressing.
Chen Jing and Xie Zijia stood in the spacious and bright airport reception hall. Ye Jianbin and Du Fei followed them into the airport reception hall, only to realize that Zhang Ke and Xie Jiannan were taking the same flight to Hong Kong. Zhang Ke seemed to understand her situation, but just nodded and smiled. Du Fei left without stopping to say a few words to Chen Jing; Chen Jing just smiled awkwardly, reluctantly. It's not that he has any complaints against Zhang Ke. It's just that the smile in Xie Jiannan's eyes will make them feel bad.
What is the two heavens of ice and fire can probably be used as a metaphor to refer to the situation of King Ke and Aida Electronics at this time. The kindness at this time may fall in the eyes of others, and it will be a bit out of date.
After Zhang Ke turned around and left, Chen Jing regretted it again, wondering if her smile was too forced.
Xie Zizhan felt resentful and said annoyed: "What are you dragging? Be like the air!" The last time he was in the Peninsula Hotel, he was left there without saying a word to Zhang Ke. Girls can't stand the contempt of others. But wait for Xie Jiannan and Xie Zhan to come over. She said again: "Brother Six, why are you so unlucky, flying on the same plane as that guy?" This was deliberately killing Xie Jiannan's face. Xie Jiannan was stunned and couldn't say anything to Zijia. Liao, did not say anything. Walk directly to the outside of the airport pick-up hall.
Ge Yin did not come to pick up the plane. However, sending his Lincoln to make Xie Jiannan, Xie Zhan and others who have accumulated a lot of depression in the economy class feel a little better; the Ge family has many assets in Southeast Asia. After the division, most of Ge Mingxin's family was divided, and the storm hit, and it was inevitable that he was suffering huge losses.
Compared with the huge assets of the Ge family, this loss of overseas companies is nothing.
Of course, those huge assets of over 10 billion are still in the name of Ge Mingxin, but Ge Yinjun invested all his private money into overseas companies, and it happened that finance increased the holding of overseas companies to 85%. Invested nearly 200 million Hong Kong dollars.
Sitting in the car, Chen Jing saw that the twilight was already dark, and said, "Let’s go to the hotel and take a rest."
"Go to the company..." Xie Jiannan said flatly, frowning in thought, without the will to say much. Chen Jing also obeyed his instructions and ordered the driver to drive directly to the Yinsha Building in Central.
"What is Ge Yinjun's opinion?" Xie Jiannan asked Chen Jing about the situation when the partition between the carriage and the cab was raised.
"You also know the measures taken by Aida Electronics-Ge Yinjun's opinion is that naturally the loss of the exchange rate will be directly transferred to the headquarter..." Chen Jing said.
The headquarter of Kewang and overseas companies are settled in RMB. Overseas companies and distributors in Southeast Asian countries are settled in local currency. Overseas companies are responsible for currency exchange. The previous large inventory caused tens of millions of exchange rate losses to overseas companies. , The key to the depreciation of the Thai baht and other Southeast Asian goods markets has been fact, and if the headquarter of Kewang does not lower the prices of goods, overseas companies will have to bear the exchange rate losses in full. The gross profit intercepted by overseas companies is only about 10%. Even if the currencies of Southeast Asian countries no longer continue to depreciate, overseas companies will still suffer about 30% of exchange rate losses. I am afraid that in less than half a year, overseas companies will become negative equity. Ge Yin Of course they will not be this meat head.
"He wants to lose the United States, and the loss is to us. Every time Kewang goes to an overseas company, he will lose more than 100. It is better to completely abandon the Southeast Asian market..." Xie Zhan snorted coldly. I look down on people like Ge Yinjun, "I believe other disc player manufacturers will make the same choice. Who knows when the economy of Southeast Asia will decline until it will pick up?"
Overseas companies do not want to bear exchange rate losses, and Kewang itself cannot afford such a large exchange rate loss.
Chen Jing did not speak, but looked at Xie Jiannan.
Abandoning the Southeast Asian market completely, the previous investment in Southeast Asia had to be squandered, of course, the main losses were borne by overseas companies; their overseas companies only accounted for 15% of the shares, even if the overseas companies went bankrupt, they just didn’t. To make a profit without losing money, it is necessary to thoroughly understand Ge Mingxin and Ge Yinjun and his son.
Xie Jiannan reminded Xie Zhan to pay attention to his own remarks at this time, saying: "This kind of spirited remarks, don't just say them casually. At this time, everyone should support each other to tide over the difficulties..." I don't want to offend Ge's father and son completely. On the one hand, if everyone completely abandons the Southeast Asian market, only Aida Electronics will be able to support it in Southeast Asia, and the markets that everyone gives up will undoubtedly fall into the hands of Aida Electronics. Xie Jiannan will not let Aida Electronics pick up this cheap price. . What's more, disc player manufacturers have withdrawn from Southeast Asia, and the extra production capacity will be released in the domestic market. Xie Jiannan dare not imagine the catastrophic consequences-someone is bound to break the strong domestic disc player market. Established equilibrium. Don't say that the Southeast Asian market will not be able to share a little profit by then, and even domestic profits will be greatly reduced; Kewang will also pay CCTV 200 million in advertising fees this year.
He rushed over to discuss the sharing of exchange rate losses with Ge Yinjun: it is impossible for overseas companies to bear the burden; it will be borne by the headquarter of Kewang, and it will not take long before the headquarter will not be able to survive.
To negotiate an appropriate ratio, even if it loses money, it will sustain the Southeast Asian market. The most difficult moment is to survive this period.
Xie Zijia said: "The guy who got off the plane in front of you predicts that the booming economy in Southeast Asia will continue to spread further, and it will last for a long time..." It's just that her look is a little gloating, and Xie Jiannan can't care about anything with her. , Only when she was a kind reminder; it's just that ~www.wuxiaspot.com~ Aida electronic cloth announcement and Ye Zhenmin's article, Xie Jiannan took it over and carefully studied it, Zijia's reminder still sounded quite harsh to him : She was probably angry that the account was frozen by Lao Tzu before, and she was deliberately indifferent to Li's career.
Chen Jing pulled Zijia's sleeves to prevent her from talking nonsense. In today's situation, everyone is under a lot of pressure.
Except for Xie Zijia's heartlessness, there were many gloaters. Ye Jianbin hugged his head and leaned on the seat, with a very comfortable posture. He smiled and said, "King Ke's life is sad!" Then he asked Zhang Ke, "You are on the plane. Have you ridiculed others? You used to intimidate and deceive them to urge them to vigorously open up the Southeast Asian market. Look, you really fell into your pit. Your kid will definitely not let this opportunity take the opportunity to ridicule others."
"How can you be so immoral than you," Zhang Ke said with a tilted mouth, "I still want to say hello to others with a smile, but it seems that their faces seem to be uglier..." After speaking, they laughed with Ye Jianbin, and Disdain to talk about Kewang, first send Lai Jichun to the office of Aida Electronics in Central. It was the location of the original Schwab Industrial. After the implementation of the merger and acquisition, the headquarters of Aida Electronics naturally remained in Haizhou. Fu Jiakeng became the president of Aida Electronics for Su Jindong, and the person also went to Haizhou to take up the post. This also facilitates communication with Xiangxuehai. In Hong Kong, the overseas company branch of Aida Electronics was established in Hong Kong. Yuexiu Holdings and Kumho's product research centers in Hong Kong have also moved to the past, and the scale is much larger than before.
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