On the third day of sales in eight major state-owned shopping malls, Huaqing Electric once again signed a contract with a home appliance factory in neighboring provinces.

On this day, the eight major state-owned shopping malls have increased their promotion efforts. In fact, by this time, the discounts provided by the manufacturers have been used up.

Depending on the type of home appliance, if a home appliance is sold, the eight major state-owned shopping malls will suffer varying degrees of losses.

But if you lose money, just lose money. As long as you can drive Huaqing Electric out, even a small loss is worth it.

It has to be said that the eight major state-owned shopping malls in Jinling City are considered to be ambitious among state-owned enterprises.

If it were somewhere else, even if it was aware of the danger, it would not compete with Huaqing Electric and would just wait to be annexed.

After all, the mall is not your own. If it doesn't work, the manager can just move to another place.

Why compete with others to the death?

Jiang Xiaobai admires the integrity of the eight major state-owned shopping malls, but he is also merciless in his attacks. This is a sign of respect for his opponents.

Of course, Jiang Xiaobai doesn't care whether his opponent wants this kind of respect or not.

Now that he had shown up, Jiang Xiaobai checked into the Jinling Hotel directly.

Just kidding, Jiang Xiaobai is a shareholder of Jinling Hotel. When he comes to Jinling, it’s not a good idea to stay anywhere else but the Jinling Hotel.

During the day, Huaqing Electrical Appliances headquarters is located directly in Jinling City. Many employees of Huaqing Electrical Appliances are meeting the big boss for the first time.

"Price reduction promotion, price reduction promotion, the price of the refrigerator is reduced by 200 yuan again, first come, first served, limited quantity, while supplies last..."

"Great price reduction, from now on, all Huaqing Electric home appliances will have a unified price reduction promotion..."

Dozens of Huaqing Electrical Appliances stores throughout Jiangsu Province are conducting price reductions and promotions.

We have already been involved with the eight major state-owned shopping malls. The eight major state-owned shopping malls cut prices and promote sales at a loss for themselves.

However, Huaqing Electrical Appliances subsidizes the remaining payments from defaulted home appliance manufacturers.

No matter how much you lower the price, I will always be lower than you.

The price is one in the morning and one in the afternoon, only lower, not the lowest.

Both sides are competing for customers.

"Bring me a refrigerator..."

"I want an air conditioner. You are responsible for installing it at home, right? I will take your car back in a while..."

On the third day of the price reduction promotion, the two parties really entered a heated state.

But consumers in Jinling City, or in other words, consumers in the entire Jiangsu Province, are extremely happy.

There is a price reduction promotion, and you can buy a big item for hundreds of dollars less than usual.

It costs hundreds of dollars. How can I usually have such an opportunity?

So I originally wanted to buy it, but I bought it without saying anything.

And when I was hesitating whether to buy it or not, I did it without hesitation at this time.

Some people who didn't want to buy it at first were tempted by the fact that it was so cheap, since all the home appliances can be used.

Who wouldn’t want to be able to enter the four modernized life in advance, and it’s still cheap to buy now.

On this day, the eight major state-owned shopping malls took inventory at night, and the eight major shopping malls combined lost about 2 million in total.

"This can't continue like this. It would be terrible if we continue to lose money like this every day..."

"We must hold on. Today is already the third day. I estimate that Huaqing Electric will be out of stock tomorrow or at most the day after tomorrow. By then, we will adjust the price back. At least we will not lose money...

It's okay, we are only losing money in Jinling City, but Huaqing Electric is losing money in the entire Jiangsu Province.

There are dozens of stores, and I don’t know how much money I need to lose in a day.”

That's how people are. Don't worry about the lack of balance. It doesn't matter if I lose money, as long as you lose more than me.

Of course, everyone knows that the price reductions in stores in other cities will not be as large as this, but they will definitely reduce prices.

The market is so big that even if you lower the price a little, you will still lose a lot.

"But there is still one day tomorrow. If we do this, we will still lose millions. No, we need to contact the home appliance factory and ask them to make some profits.

There is no reason for us to lose money to them in the front and make a fuss, while they enjoy the happiness in the back and sit back and collect money.

And we paid for the goods ourselves first..."

"Okay, you can contact the manufacturer, but I think it is unlikely that they will pay..." someone said.

Yes, it's not that easy to get manufacturers to pay unless you pinch the manufacturers' necks.

But now that the two shopping malls are competing, and the manufacturers are having both sides, how can they give you a profit?

Unless one company wins, the winning company will continue to expand its scale until one day it controls the markets of several surrounding provinces and cities.

By that time, it will be impossible for manufacturers not to lower prices, and that’s when the manufacturers will really be strangled by their necks.

Price reduction is just a matter of words.

This is also the reason why Huaqing Electrical Appliances and the eight major state-owned shopping malls are competing.

It's all about gaining market control.

Soon the eight major shopping malls contacted the manufacturer.

But what they didn't expect was that the manufacturers were also filled with resentment.

Needless to say, they want the mall to give them subsidies.

Not only is the balance due from Huaqing Electric not getting back, I heard that Huaqing Electric is going to sue them and ask them to pay a huge amount of liquidated damages.

Originally, if they could get the balance back, they would definitely be able to make a lot of money in this situation.

As a result, if the balance is not returned now, there will be a big hole.

Who is going to fill this hole now? It's all because of these eight major shopping malls. Otherwise, if they are selling well, why would they think of breaking the contract and running out of stock?

The good thing now is that I didn't get much profit from the eight major shopping malls, but I lost everything at Huaqing Electrical Appliances.

In addition, Huaqing Electrical Appliances wants to sue them, which is another shame.

They are still suffering and are thinking about repairing the holes. The eight major shopping malls still want to cut prices and want to eat shit.

A phone call was sent out, but nothing came of it, and I was scolded in vain.

No one from the eight major shopping malls has mentioned calling manufacturers to discuss price reductions.

Instead, they began to denounce Huaqing Electrical Appliances: "It's so outrageous. They don't even pay the balance. Such a company..."

"That's right, why don't you pay the balance to others..."

"This is too much. There is such a large balance, and if you say you won't pay it, you won't pay it..."

But just saying a few words to resolve the embarrassment, they knew exactly what was going on.

It’s weird that Huaqing Electrical Appliances Co., Ltd. is out of the question.

It just makes me feel sad. Unfortunately, the contracts they signed with various manufacturers now are to pay the money first and then get the goods.

Otherwise, you can do it this way. It’s also a big sum of money.

"Even this group of manufacturers are cowards. If they don't give it to you, they won't give it to you. Why don't you go to them to ask for money? A group of people are going together, and they must give you money..."
Chapter completed!