August 27th, 2018.
When the first ray of sunlight rose from the sky, the once largest mobile phone brand in the country, Jinli, was completely renamed Longteng.
On the same day, 11 wholly-owned enterprises, including Jinli Technology, Guancheng Jinming, Guancheng Jinzhong, Guancheng Jinshang, Jingcheng Jinli, and Gangcheng Jinli, were reorganized into the new Longteng Group.
Unexpectedly, in just one day, Long Teng Group had cleared all the debts owed by Jin Li in the past.
He also submitted an application to the Intermediate People's Court of Shencheng City in Guangdong Province to cancel the bankruptcy and settlement of Shencheng Jinli Communication Equipment Co., Ltd., and agreed.
What was even more shocking was that the Soaring Dragon Group fired more than 5,000 people in an 'N 1' manner. Most of them were middle and high-level managers of the former Gold Power Company.
In the next few days, Long Teng Group announced that they would sell their inventory at half price. As many as 70 million mobile phones were sold to Southeast Asia, Africa, and the United States, and a large amount of money was returned.
It was also on this day that the new CEO of Longteng Group, Jiang Feng, and the new CEO, Min Zhongxing, appeared in front of the public.
As for Long Teng Group's COO, Yu Lei, the general manager of the overseas department, Zeng Xianglu, and the general manager of the R D department, Xu Li, everyone knew them because they used to be the senior managers of Jin Li Company.
.......
"Chairman, the inventory has been cleared. At present, there is still 15 billion in the liquid funds of the Longteng Group.”
In the chairman's office in Soaring Dragon's headquarters, Jiang Feng looked respectfully at the lazy youth sitting at the head of the table.
Under Lin Feng's instructions, Feng Teng Investment transferred nearly 20 billion yuan in just a few days to settle Jin Li's debts and appease the workers who were fired.
The current Soaring Dragon Group was like a radiant new life form.
"You did well!"
Lin Feng looked at him deeply and expressed his appreciation.
Indeed, he was able to clean up Jin Li's high, middle, and low management levels in a bold and decisive manner, completely remove the cancer, and rearrange the management personnel, allowing Long Teng Corporation to return to normal.
On this point, Jiang Feng, the CEO of Longteng, had contributed greatly.
"Thank you for your praise, Chairman. It's just that the two production bases and all the major industries under Longteng are now empty.”
Jiang Feng stole a glance at Lin Feng and couldn't help but ask.
"I was prepared for this."
Hearing that, Lin Feng's face didn't change at all."Nirvana X exists to snatch the mid-to-high-end market from Apple, Huawei, and Xiaomi.”
"However, in the low-end market, we can't stay stagnant.”
Jinli's sales channels were spread across more than 40 countries and regions overseas, and it had successfully entered the operator system of eight countries, most of which were developing in China.
Not everyone could afford mid-to-high-end phones. Countries like South America, Africa, and Southeast Asia still mainly used low-end phones.
"Chairman, what do you mean?"
Jiang Feng seemed to have understood something, but he still didn't quite understand.
"Do you know how to transmit messages?"
"Are you talking about the voice transmission technology that occupies 40% of the African continent's market share?”
Jiang Feng was stunned for a moment before he immediately asked.
However, Lin Feng didn't answer his question. He stood up and paced around the office, saying,"" Voice-Transmitting Technology was founded in 2006. It has three mobile phone brands, which represent low, medium, and high levels respectively. Their sales in 2016 reached an astonishing 80 million.”
" This is a phone made for African people. It has three functions: selfie, music, and four-card standby. However, it has done something that big companies like Four-Star and Sony can't do.”
Lin Feng couldn't help but pause."I hope that Long Teng can learn from the method of voice transmission technology and design low-end mobile phones suitable for Africa, South America, and Southeast Asia before Nirvana X is released.”
"On the basis of consolidating Gold Power's original market share, we will expand wantonly. We will want the market that others occupy, and we will want the market that others don't occupy even more.”
To be honest, voice transmission phones didn't have much of an advantage in terms of hardware. They couldn't even compare to second-rate brands like Phantom and Oppo.
However, the most important reason why they could dominate the African mobile phone market was that they had the right medicine.
It was not just the production of cell phones, but also the marketing plan.
It was precisely in these two aspects that Long Teng was not inferior to voice transmission, even faintly surpassing it.
There were four major research institutes in the R D field, including 1500 engineers from various countries. There was also a master in marketing, Yu Lei. With the combination of the two, they would definitely be able to achieve great results.
This was also to lay a good foundation for the appearance of Nirvana X.
"Yes, sir! I understand!"
With excitement on his face, Jiang Feng quickly went down to arrange the next step of the Long Teng Group.
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