Since he came to Shenzhen City, Jiang Hua of course wanted to inspect his own property.

The next day, he went to the Electronics Industrial Park, where the once popular Laser DVD players spread across the country.

At its peak, his electronics factory had more than 8,000 workers, working in three 20-hour shifts.

I have visited all the electronics factories in Shenzhen City several times, and only his one has the best welfare.

However, the business of the electronics factory is no longer what it used to be. At least when he walked into the factory, he could no longer see the long queues of large trucks pulling goods.

"Last year, there were no more than one brand of DVD players on the market. This year, I asked someone to do statistics. There are more than a dozen famous DVD players, not counting those OEM ones.

Counterfeit products.”

Sun Miaomiao wore smart professional attire and walked beside Jiang Hua.

Previously, Li Zaizhu was in charge of the electronics factory. Later, when Jianghua established Beidou Star Communications and moved into the mobile phone industry, Li Zaizhu was transferred there. The responsibility for managing the electronics factory fell on Sun Miaomiao.

"How is the situation of workers in electronics factories now?"

Jiang Hua looked around the factory area and felt a lot cooler.

"After the factory's efficiency declined, some of them left, and some were poached by others. Now there are only more than 5,000 workers left."

Sun Miaomiao sighed and frowned.

The DVD players on the market are currently undercutting each other on price, and the competition is extremely fierce. After the electronics factory opened for the new year, the latest financial report for the month was just barely enough to balance the books.

"I previously predicted that the dividend period for DVD players would be at least three to four years, but I still underestimated the cruelty of the market."

Jiang Hua smiled bitterly.

At the original Canton Fair, his DVD player was a big hit because it showed a big satellite.

In his expectation, based on the foundation he laid, his electronics factory would not have to worry about profitability within three years.

But who would have known that just over a year later, things started to go downhill.

"Mainly some state-owned enterprises that make home appliances have also entered the video disc player industry, especially Changhong Group, which makes televisions. Not only have they poached our technicians, they have also taken away more than half of our market in the southwest."

Sun Miaomiao was previously focused on taking care of her daughter and didn't pay much attention to the electronics factory. After taking over, she discovered that there were internal and external troubles, and the markets across the country were being gradually eroded by competitors.

"No wonder Lao Yang from the Changhong Group is so hostile to me. It turns out he has a guilty conscience."

Jiang Hua sneered.

There is a kind of person in this world. If he does something sorry for you, not only will he not feel guilty, but he will think about how to kill you, so that he will not have any psychological burden.

"Before, we were able to maintain a leading edge in technology. Now more than a year has passed. The little tricks we used in technology have long been seen through. Now everyone is on the same starting line, and we can still hold on.

The reason why it doesn’t fail is entirely because of the brand name of Leishi.”

Sun Miaomiao sighed worriedly.

In the past year, Jiang Hua's focus has shifted to the communications industry. Without him at the helm, the video player business has gradually been overtaken by others.

"It doesn't matter. I hid a trump card back then. Now that the VCD market has been ruined by everyone, it's time to launch DVDs."

Jiang Hua hired a lot of technicians from Sanxin's Optoelectronics Research Institute. These people have been secretly developing DVDs. The finished product was developed last year, but he has been suppressing it and has not introduced it to the market.

"Although the competition in the DVD player industry is fierce now, our brand recognition at Leishi is still very high. If we can launch new products, it will not be a problem to regain the market share."

Sun Miaomiao said confidently.

"Get ready, let's hold a press conference and say that in order to benefit consumers, our VCD prices will be reduced across the board again this year."

Jiang Hua pondered for a moment and said.

"Reducing prices? If you reduce prices, you will lose money."

Sun Miaomiao couldn't understand Jiang Hua's thoughts for a while.

"Before the DVD is officially launched, I have to teach those copycat manufacturers a lesson. Don't they like to follow the trend? If we don't kill them, they will be in trouble. Does he really think we are sick cats?"

Jiang Hua sneered.

According to common sense, although VCD is a product destined to be eliminated, its lifespan should not be so short. The reason why the market has completely rotted in just over a year is because there are too many copycat factories that follow the trend.

Not to mention those small copycat factories with more than 1,000 people, even large state-owned enterprises like Changhong rushed in to waste money, and Jianghua was not surprised that the market was completely ruined.

Before he launches DVD, he must kill these followers and completely eliminate some weak copycat factories, so that the profit cycle of DVD can be longer and the mistakes of VCD will not be repeated.

"Normally I don't think anything of it, but from the development of the electronics factory after you left, we can see that some companies really can't survive without you."

Sun Miaomiao sighed with emotion.

Some people are born to be in business, and she thinks Jiang Hua is the kind of person who is rewarded by God. He makes money almost wherever he goes, just like he has the Midas touch.

"I will stay in Shenzhen City for a while. Don't be too anxious about the electronics factory. All difficulties will be solved eventually."

Jiang Hua saw Sun Miaomiao frowning and thought she was worried about the future of the electronics factory.

"Of course I believe in your ability. Let's talk about Sister Li. I need you to give me an idea."

Sun Miaomiao smiled and changed the topic.

She was really hesitant before, but after Jiang Hua came, she seemed to have found her backbone.

"What's wrong with Sister Li?"

Jiang Hua wanted to ask yesterday, but was interrupted by a phone call from Lao Wang.

"Her stepfather has been released from prison. He has been pestering her for money recently. Sister Li, I think, is a person who keeps everything in her heart. When she encounters difficulties, she will not ask anyone for help. She stays alone silently.

Carry it."

Sun Miaomiao only found out about Xu Li's recent troubles through Wang Li.

"Sister Li also has a stepfather. I've never heard her say it. Just give him some money to spend. Isn't this matter difficult to solve?"

Jiang Hua and Xu Li have known each other for so long, but they have never heard her talk about her family.

"Her stepfather must be very greedy. I asked Wang Li to arrange for someone to follow me, and I found that after he was released from prison, he hung out at the mahjong parlor every day."

When Sun Miaomiao talked about Xu Li's stepfather, her tone was filled with disgust.

"I'm the best at dealing with scoundrels like this. Just leave this matter alone and I'll take care of it."

Jiang Hua said carelessly.

He felt that Xu Li was good at everything, but sometimes she was too afraid of bothering others. It was hard for her to handle things like this by herself. She could just ask Sun Miaomiao or Wang Li for help, but she had to keep it to herself.
Chapter completed!