The penniless son of the penniless ...

Chapter 115 Zhang Junfeng's Reminder
Hearing his subordinate say this, Li Zairong nodded in agreement, a bright smile breaking out on his calm face.

He had previously invited Zhang Junfeng and his wife to his home, and the two sides had a very harmonious conversation. It seems that their relationship has improved a lot, and it should not be too difficult to win over Zhang Junfeng to become his assistant.

Recalling the cooperation agreement reached with Zhang Junfeng at the weekend, Li Jae-yong had an idea and quickly called his wife Jin Shiling. In addition to informing her that Zhang Junfeng had acquired the operating rights of Emily Cosmetics Company, he also reminded her to contact her parents' home (Elephant Group) as soon as possible and reach an agreement.

Zhang Junfeng's ability has been fully verified. Since the other party invited them to send people to Longguo for inspection, they must have made some preparations and plans. They can't let down and miss the great opportunity to make money by riding on the bandwagon!

Jin Shiling was shocked to hear that her brother-in-law Zhang Junfeng had acquired another company in such a short time. After hearing her husband's instructions, she quickly agreed.

Since Zhang Junfeng is willing to take the couple with him to make money together, such an opportunity must not be missed!
As soon as the call ended, Jin Shiling at home hurriedly put on makeup and dressed up, then called the driver to take her to the office building of Elephant Group. She wanted to communicate with her father Jin Changxu in person and she must get this matter done!

……

In Jiangnan District, in the villa where Zhang Junfeng lives, he saw someone exercising with him until midnight and then leaving for work early in the morning, showing no willingness to be late. This made Zhang Junfeng sigh that Li Fuzhen's ambition to work was really outrageous.

Zhang Junfeng personally drove Li Fuzhen to the Shilla Hotel and then took his bodyguards to a nearby restaurant to eat something.

Just as he found a restaurant and sat down, his cell phone suddenly rang. Zhang Junfeng answered the call reluctantly, then he realized that the person calling was Chung Mong-koo, the president of Hyundai Motor Company.

Chung Mong-koo first politely congratulated Zhang Junfeng on successfully acquiring the management rights of Emily Cosmetics Company, and then discussed with Zhang Junfeng the production and overseas sales of Hyundai Motors.

Hearing that Chung Mong-koo was still thinking of spending a lot of money on promotion and discounts in the European and American markets in an attempt to stimulate Hyundai's sales, Zhang Junfeng's brows gradually frowned, and he did not agree with Chung Mong-koo's inappropriate plan.

After a long while, when Zheng Mengjiu finished explaining his plan, Zhang Junfeng finally spoke up and expressed his opinion.

"As things stand, Hyundai does not have an advantage in the European and American markets. Instead of spending a lot of money to fight hard in the European and American markets and compete with foreign mid- to high-end car brands, why not try to take a step back and look for other markets where competition is not so fierce?"

"...Other markets? Mr. Zhang, are you kidding?! If there were other sales markets, Hyundai Motor would not have spent so much time and energy to enter Europe and America!" Zheng Mengjiu was a little confused. In his opinion, Zhang Junfeng did not seem to understand the situation of the automobile production and sales industry. He seemed to be a layman guiding an expert! Facing Zheng Mengjiu's questioning, Zhang Junfeng calmly explained while stirring the noodles handed over by the waiter, "President Mengjiu is probably thinking about impacting the overseas market and competing with those international brands of cars and ignoring our neighboring Longguo!"

"They have a population of 12 billion and a territory 96 times larger than Goryeo. What do you think would happen if Hyundai cars were shipped to Longguo for sale?"

"...Even if Longguo has a large population...how many people can afford expensive cars?" Zheng Mengjiu still did not agree with Zhang Junfeng's proposal. No matter how large the population of Longguo is, most of them are a group of people with no money in their pockets. It is obviously unrealistic to expect them to buy cars!

In Zheng Mengjiu's impression, the economic strength of Longguo is still relatively backward. Compared with developed countries such as Goryeo and Japan before the economic collapse, the economic gap is not small. If the cars are shipped there, they will probably be unsalable!
"…Have Hyundai's sales in the European and American markets been good? Don't forget that Hong Kong now also belongs to Longguo, and currently only Hong Kong and Longguo have not suffered much negative impact from the impact of the financial crisis!" Seeing that Chung Mong-koo was still "obstinate", Zhang Junfeng retorted with a sneer.

"If Dragon Country doesn't have enough strength, why do you think those ambitious foreign speculators would let go of a country with foreign exchange reserves of hundreds of billions of US dollars? It can't be that they have a change of heart, right?"

Hearing what Zhang Junfeng said, Zheng Mengjiu fell silent. He knew that Zhang Junfeng's analysis was correct. Those international speculators were stirring up trouble in Asia and shorting the currencies and stock markets of so many countries and regions. They would never let any country go easily.

But no matter whether it is Hong Kong or Longguo, there has been no tragedy like Goryeo so far. There is only one possibility! Longguo and Hong Kong are much stronger than he imagined, so they can withstand the financial shock!
After a while, Zheng Mengjiu, who had figured it out, said that he would send his subordinates to Longguo for an on-site investigation. If the situation was really consistent with what Zhang Junfeng described, he would adjust the overseas sales strategy in time to tilt towards the automobile market in Longguo.

……

After the conversation, Zhang Junfeng shook his head helplessly. Although Zheng Mengjiu had unique insights into automobile research and development and production, he was obviously stuck in a dead end when it came to the overseas sales market.

They are trying to impact the European and American markets and compete with those top car brands, but they don't know that in such fierce competition, it is inevitable to compete in performance and cost performance! Under such circumstances, price reduction and promotion must be the first choice, but this is not good news for Hyundai Motor Company, which is in urgent need of selling cars to recover funds!

According to the current performance and price of Hyundai cars, they may not be able to compete with the top car brands in Europe and the United States, but they will definitely beat the relatively backward car manufacturers in Dragon Country. Shifting the overseas sales target from the mid-to-high-end customer group to the mid-to-low-end customer group can not only avoid fierce competition, but also quickly seize new markets and recover funds. This is the most suitable way out for Hyundai Motor Company at present!

(Note: In 2002, Korea Hyundai Motor Company and Longguo Yandu Motor Company jointly established Yandu Hyundai Motor, and Hyundai Motor Company successfully entered the Longguo market. In the following few years, Yandu Hyundai Motor's sales volume continued to rise, and at its peak, it accounted for half of Longguo's auto sales.)
(End of this chapter)