Rebirth: Back To 1991 As the Richest Man

Chapter 1958 Who can stand it?

After a phone call, Yue Hongsheng contacted several electrical appliances executives who had a good relationship with him, and made an agreement with them about the chip.

After hearing the conditions offered by the Qiuhai Group, the other party agreed immediately without any hesitation.

After the price war began, they have been struggling to support.

Now that Chen Jianghai suddenly gave such good conditions, they have no reason to refuse at all, and they naturally agreed.

Chen Jianghai has always had a good reputation in China.

All the bosses believed that Chen Jianghai would not deceive them.

Moreover, even without the lure of market share, they would agree.

The price war lasted for two months. Although they were not eligible to participate, the impact on them was huge.

Sales have dropped and dropped, but all kinds of essential expenses are there.

Now they have little money left.

More importantly, their products are now in a huge backlog, and they don't know when they will be sold.

As a result, these companies have fallen into deep despair.

Many bosses are now even selling their assets, struggling to support them.

They know clearly,

As long as they can survive this period, they will have a chance to turn over.

But once it fails to survive, it will directly close down and withdraw from this stage.

In this case, Qiuhai suddenly proposed to exchange chips for funds, and they were naturally willing.

Anyway, those chips are placed in the warehouse, which has accumulated a lot of funds for them, and the products produced cannot be sold at all. It is better to take this opportunity and sell them all to Chen Jianghai.

The two parties did not negotiate the price for this transaction, and it came directly according to the market price.

The main reason is that one is afraid that the other party will not sell, and the other is afraid that the other party will not buy.

Regarding these transactions, there is no way for foreign companies to stop them.

These companies have reached this point, and naturally they will not take the words or threats of foreign companies to heart.

Moreover, anyone with a discerning eye can see that in the current situation, if a foreign company wants to win Qiuhai, it is not a simple matter.

The only thing foreign companies can do now is to continue to cut prices.

However, the product cost of foreign companies is there, and the operating cost is not low. No one knows how long they can carry it.

On the second day, the price reduction on the side of the foreign enterprise alliance was even greater.

It can be said that the entire electrical appliance market has never seen such a low price.

Foreign brands have never been sold at such a low price since they entered Huaxia.

The current price is nearly half the cost price.

Who can stand it?

!

These foreign companies are overseas, but they have never cut prices like this.

In the words of some Chinese counterparts, this round of price cuts by foreign companies is simply insane, like crazy.

The battle between Qiuhai and other electrical appliances companies in China was frightened, but for ordinary people, it was like a feast.

It can be said that it is precisely because of this unprecedented price war that all kinds of electrical appliances have been completely brought into the homes of ordinary people.

This kind of preferential strength is not much different from that of later generations of home appliances going to the countryside.

Now the members of these foreign enterprise alliances are also facing a problem, that is, the sales of electrical appliances are too fast, and the production cannot keep up.

This is the terrible purchasing power that broke out in the Huaxia market. With a large population base, the market is really too big.

Once released, it was simply breathtaking.

"Huaxia's market is amazing. The products we produce can be sold out in a short period of time."

"If it weren't for the price war, if the whole of China was monopolized by our foreign enterprise alliance, how much money would we have to make?"

"So, we must not lose the Huaxia market.

We want to defeat all the local enterprises like Qiuhai! Being able to monopolize such a market is a steady stream of wealth for us. "

The senior management of the foreign enterprise alliance has realized at this moment that Huaxia's amazing market purchasing power has actually far exceeded their expectations.

For the price war, they are more bound to win this time.

In the face of such a huge market, they firmly believe that as long as they can win Qiuhai, the money they spend now will be doubled in the future.

Looking at the sales data in his hand, Li Tiangang was in love and hate, and his mood was very complicated.

If he could sell so many home appliances at the previous price, then his turnover today would be up to the mark.

However, under the crazy price reduction, the more he sells now, the more he loses.

Li Tiangang has only one thought now, that is, Qiu Hai quickly surrender.

The price war has gone so far, completely beyond Li Tiangang's expectations.

The money I asked for from the headquarters last time was spent in a short time.

If the price war continues, Li Tiangang will have to apply for funding again with the headquarters.

If you apply for funds this time, it will definitely not be as easy as last time.

If you don't do well, you will be scolded by the people at the headquarters again.

Li Tiangang gritted his teeth and took a deep breath to adjust his mentality.

He knows that funds must not be less now.

Once you can't keep up, all the money you invested in will be wasted.

After Li Tiangang brewed his emotions for a while, he called the headquarters.

Today, even if you are scolded, you must get the follow-up funds.

In fact, at this stage, many domestic and foreign companies have reached the point of running out of fuel.

It's not that their business is out of money, it's just that the budgetary funds in the Huaxia branch have been exhausted.

To continue this price war, they must have the backing of headquarters.

And the force is definitely not small.

On Qiuhai's side, he also refused to give up an inch of land, showing a strong determination.

If foreign companies dare to cut prices, Qiuhai will dare to keep up with them immediately, and they will bite each other very hard on price.

When the price war reaches this point, the energy, time and money invested by the enterprise is very huge.

The price war in Qiuhai has already reached a terrifying tens of billions of funds.

This is simply unimaginable in the current Huaxia market.

The price fell below the cost price for several days.

The foreign enterprise alliance, which was originally determined to win, was surprised to find that Qiuhai Group could still stand it for this sake!

And still look strong?

This left them puzzled.

As for the chips, they had already been completely strangled to death. According to the news they had obtained before, Qiu Hai had probably run out of chips in his hands.

As for funds, foreign companies never felt that Qiuhai could fight them.

However, strange things happened.

Qiuhai did not relax, and continued to insist on this price war, which was also determined to win.

It stands to reason that Qiuhai Group's current product chips cannot be supplied, and electrical appliances should not be produced.

But in fact it is not so.

Their products are still being produced continuously.