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Chapter 1084 Make a fortune
Foreign Trade Building No. 27 is undoubtedly the center of a story in the original drama "Fanghua". Suning is not like Abao who insists on coordinating with Miss Wang, a foreign salesperson, and does not have too many opinions on Mei Ping and other foreign salespeople.

In addition, Mei Ping's performance in the original drama can be regarded as a normal person with a normal mentality. It's a pity that she was not so smart when she triggered Miss Wang's mistakes. While she made the hot-tempered Miss Wang stop, she also made herself notorious.

In fact, if Suning were to handle this matter, it would only require a printed anonymous letter of complaint to resolve the issue, and it would definitely allow Suning to remain in a position of power.

Mei Ping, a plump, dark-skinned country girl, looked at Suning's mansion in amazement. The sales representatives numbered 27 behind her had the same expression. "Boss Su, we didn't expect your mansion to be even more magnificent than we imagined."

"Haha, just average! Just average! Third best in the world."

"Haha, Mr. Su, you're so funny! I didn't expect a big boss like you to be so humorous."

Then Su Ning noticed that Miss Wang was not among the guests. He looked directly at Mei Ping and asked, "Mei Ping, why didn't Miss Wang come with us?"

"Our section chief had something urgent to ask her, but she said she would definitely come when dinner was served."

"Then ignore her for now! I'll show you around my house first."

"Okay!"

Su Ning suddenly looked at Mayor Zhang's cousin meaningfully and asked, "By the way! This beautiful lady looks a little unfamiliar! I don't think I've seen her before."

Mei Ping naturally had an idea at this moment and smiled as she introduced, "Mr. Su, her name is Xu Jiajia. She's from Guangdong, but her ancestral home is Henan. She's also a recent graduate of Shanghai International Studies University."

"Hello, Xu Jiajia! Welcome to my home."

"Mr. Su, thank you for inviting us. This is a small token of our appreciation."

"Haha, you are so polite."

Then Suning personally took the group of salesmen from No. 27 on a tour. Naturally, these talented people in the foreign trade system were amazed. The luxurious decoration and furnishings directly refreshed their three views and cognition.

At this time, even Xu Jiajia, who had a strong background, had a look of surprise on her face, and her eyes looked at Suning with more and more curiosity. After all, the decoration style and furniture arrangement of this house were very advanced.

By the time Ms. Wang arrived at Delin Apartment in a hurry, Su Ning was already preparing to serve dinner. "Oh! Mr. Su, it's better to arrive at the right time than to arrive early! Are you guys getting ready for dinner?"

"Wang Mingzhu, your nose really looks like a dog's nose."

"Humph! You're the one with the dog nose." Miss Wang naturally glared at Su Ning with displeasure, then looked around curiously and asked, "Boss Su, where are your female friends?"

"What nonsense are you talking about! Come and eat!"

Suning naturally didn't want to talk about his private affairs in front of these outsiders, so he quickly scolded Miss Wang for her careless words, and then he asked the chefs in the kitchen to start the meal.

……

Although Jinhua said that she could fight for an opportunity to meet with a big-name leader alone, Suning knew that some things could not be explained clearly in just a few words.

The official "Company Law" was not officially promulgated until the end of 1994, but the overall business environment did not improve rapidly until China joined the WTO at the end of 2001.

As for foreign supermarket brands, they did not enter the mainland market until 1995, and they operated in the mainland market in the form of joint ventures. So you can imagine how difficult it was for Suning to open a supermarket in 1989.

The most important thing is that Suning is now just a tadpole in the eyes of many bigwigs. If it really wants these bigwigs to take notice of it, it must at least grow into a big golden toad.

Because the Su Group’s first supermarket in Hong Kong was converted from an apartment building, it opened very quickly and officially opened for business on October 1, 1989.

However, at this time, Jinhua still did not give any response to Suning, and Suning also gave up all expectations in his heart and put all his energy into the foreign market.

The Autumn Canton Fair in 1989 was a spectacle of gods fighting each other. The price war that Suning had expected broke out at this time. Almost all home appliance manufacturers were fighting to the death for foreign trade orders.

Plasma TVs are naturally the product of choice for these foreign businessmen, but in order to compete for these foreign trade orders, domestic home appliance manufacturers can really be said to be using all kinds of tricks, and they are almost using Sun Tzu's Art of War and Thirty-Six Stratagems in turn.

Finally, after this wonderful Autumn Canton Fair ended, after detailed statistics, it was found that a total of one million plasma TV orders were received, but the prices were so high that all major domestic appliance manufacturers could not afford them.

In fact, when time entered the materialistic era of later generations, plasma TVs were still an expensive product, far less affordable and cost-effective than LCD TVs. If you don’t understand, you can compare it to the plasma TV of more than 20,000 yuan that the fishmonger Qiang Ge wanted to buy in "Mou Biao".

Finally, after detailed calculations by the relevant units, it was found that after completing this batch of foreign trade plasma color TV orders, the loss gap would be an immeasurable and serious loss.

This time, the home appliance manufacturers really made a big splash. Many factory managers received punishments to varying degrees, which naturally calmed down these hot-headed executives.

After calming down, they needed to think about how to solve this trouble, so after much thought, the only way was to pass on the cost, and the plasma panel, which accounted for the largest cost, became their target.

One day, Mayor Zhang suddenly appeared in front of Su Ning, and the moment he spoke, he sounded like a hostile guest. "Mr. Su, your restaurant 'Qiu Hai Tang' is indeed very unique. The Cantonese cuisine is no less than that of the local chefs in Guangdong. It seems that I will have a good place to go when I come to Shanghai on business in the future."

"Mayor Zhang, as long as you are satisfied, our Begonia Restaurant welcomes you at any time."

"Well, I'm mainly in Shanghai this time to attend an economic forum. I took some time to come to "Qiu Hai Tang" to talk to you about the latest market conditions."

"Mayor Zhang, go ahead."

"I'm sure you've heard about this year's Autumn Canton Fair. Many home appliance manufacturers engaged in a price war, and when they finally calculated the accounts, they found they were suffering significant losses."

"I've heard that! But if domestic products want to stand out, they have to constantly be taught a lesson. I'm sure that future home appliance manufacturers will become more and more experienced."

Mayor Zhang, who was in need of a favor, kept praising Suning, "That makes sense! It seems you really understand, Mr. Su."

"Mayor Zhang, you're too kind. I was just expressing my opinion. Now I'll go downstairs and rush to serve the remaining food in the Guangdong Hall."

"No rush! Mr. Su, do you think Ningyuan Technology can share the pressure?"

"Mayor Zhang, I don't quite understand what you mean."

"Mr. Su, why don't Ningyuan Technology open up its plasma panel technology? This will naturally lower the price of plasma panels, or reduce the price of plasma panels provided by Ningyuan Technology by 50%."

"After all this time, those home appliance manufacturers caused the trouble, but now they want us, Ningyuan Technology, to clean up the mess?"

"Mr. Su, you should always keep the overall situation in mind when you do things. I'd also like to tell you in advance that your Ningyuan Technology's actions have attracted the attention of a Japanese consortium. They are now discussing the construction of a joint venture plasma panel factory in the mainland. By then, the price of plasma panels will drop to a bargain price." "Thank you, Mayor Zhang, for the news! But we can't agree to either of those two conditions. We at Ningyuan Technology simply can't afford such a loss."

"You... Mr. Su, do you know what your refusal means? Aren't you afraid that Ningyuan plasma panels will completely lose the domestic market?"

"Losing the market is naturally something we at Ningyuan Technology don't want to see, but our Su Group is not short of funds and technology, so this deal is doomed to fail."

"..." Looking at Suning in front of him, Mayor Zhang could almost tear him apart. This was the first time he had encountered such a disrespectful businessman. "Humph! Tell me! What conditions do you want in exchange for giving up plasma panel technology?"

At this time, Su Ning emphasized again, "I'm sorry! Our Su Group has no shortage of funds and technology."

As expected, Mayor Zhang keenly sensed Suning's hidden agenda. "I know your company is very interested in land. Recently, Longda Electronics and Feiyue have some old factories to transfer in Shenzhen, Guangzhou and Shanghai."

"Oh? The old factory area? Are they all located in the city?"

"Don't worry! They are definitely all prime locations in various cities, and your company can choose whatever it wants when the time comes."

"Actually, our Su Group can take over all of these old factories. That way, they can move to the spacious and bright new factory. If there are other old factories that you're interested in selling, you can contact us."

"Humph! Mr. Su, your company has quite a big appetite. Aren't you afraid of choking to death?"

"Haha, I'm not afraid of that! Besides, we can also trade in foreign exchange."

"really?"

As expected, Mayor Zhang became excited when he heard Suning mention foreign exchange. He knew clearly that Su's Fanhua Securities had made a lot of money in foreign stock markets. You know, China was most short of foreign exchange in the 1980s and 1990s.

"That's absolutely true! The recent international stock and futures markets have been good, and we still have some foreign exchange in our group's account."

"Okay! Next, you can discuss it in detail with Mr. Ran and the others. I hope that Ningyuan Technology will not hide anything this time."

"Don't worry! We're giving away the full range of plasma panel technology."

This transaction undoubtedly made Suning very satisfied. You know, the old factory areas of these large state-owned factories are all located in prime locations in major cities, and the subsequent large-scale real estate development also started from the transfer and development of these old factory areas.

What surprised Suning the most was that two of the old factories sold by Feiyue were located in the Lujiazui area of Pudong, less than one kilometer away from the future Oriental Pearl Tower.

You have to know that Lujiazui in Pudong is the Shanghai version of Manhattan. When the large-scale development of Pudong is officially announced next year, the director of Feiyue will surely faint in the toilet crying.

Of course, Suning's Ningcheng Real Estate Company also took the opportunity to acquire other old factory sites that were about to be sold. The main reason was that the foreign exchange offered by Ningcheng Real Estate was too tempting. At this time, the Su Group was like an angel descending before them.

At the same time, Suning also set its sights on old villas and dilapidated residential buildings in Puxi. As long as both parties could negotiate, they would purchase them directly without hesitation. Soon, Ningcheng Real Estate Shanghai Company owned a large number of plots of land and old properties.

Seeing massive amounts of foreign exchange and funds being siphoned out of his hands every day, Zhou Tou was naturally a little apprehensive and admonished Su Ning, "Mr. Su, our Su Group has been investing too much in land recently. Why do we need so much land resources all at once?"

Suning naturally didn't care about buying the land at a bargain price now. He knew that this was the source of his huge wealth in the future. "Master, the most important resource for a real estate company is land. If we want to have good development in the future, we must be willing to invest in it."

"But there has to be a limit to investment. Your reckless behavior will only bring down the company."

"Master, our domestic industries are currently concentrated in the clothing and catering sectors. Now we've been forced to sell our plasma panel technology. We'll definitely need to be quiet for a while. However, buying old buildings is the best and most valuable investment."

"Hey! As long as you understand the situation, it's fine. Also, Jinhua asked me to tell you something: it's best to keep a low profile for the next while. Some leaders have already complained about you, saying you have no sense of the overall situation and only care about your own interests."

"I understand! In addition to acquiring land in first-tier cities, our main focus will be on overseas markets."

"Suning, I think you're a little too impatient. The higher-ups have made such a negative assessment of you, which will be very detrimental to your future business development."

"Master, the policy is macro and universal. Besides, I don't need to borrow money from local banks. I just need to do what the policy allows."

"Although what you said is true, I, as your senior advisor, feel ashamed that you are in this situation now."

"Master, some things are simply unavoidable. I am just a small shrimp in the eyes of some big shots now. Naturally, they can't really look at me in the right eye."

"Boss Su, are you going to focus on the overseas market from now on?"

"It's only temporary! For example, our foreign trade industry can completely change the way we participate in the Canton Fair. We can place orders with domestic manufacturers at the Canton Fair, and then sell them in the 'Jiuzhou Market'. We can also sell to other countries at the same time. So we really can't be too rigid and inflexible in our conduct."

"That's right! The current policy environment is to serve foreign trade and foreign exchange earnings, so why don't we just switch to foreign trade?"

"The economic situation in the northern Bear Country has been somewhat chaotic recently. I plan to rely on foreign trade companies to sell domestic light industrial products to the Bear Country, and then purchase large quantities of important resources such as oil and food from the Bear Country."

"The plan is great! But the most important thing for the Bear Country is heavy industrial products. Why don't our foreign trade companies buy these products directly?"

"Not interested! The heavy industrial products of the Bear Country are simply not cost-effective. As for military industrial products, they are not something that our small company can touch. It's better to focus on resources like oil and food."

"Alright! I'll help you with domestic matters. I'm the best at these things, but you might need a lot of foreign exchange."

"Foreign exchange is a small matter! Our Su's Fanhua Securities makes money in US dollars and British pounds every day in the global stock market."

"The stock market is risky! I think it's better to be cautious."

"Master, don't worry! Our financial team is very mature. We only make money that we can. If we encounter a market that is too sensitive, we would rather give up than take risks."

"That's good! These foreigners are not angels. If we really make them angry, it will be a very troublesome matter."

Suning naturally understands what Zhou Tou said, that no matter where they go, they need to speak with strength, so now they are just secretly treating foreign stock markets as fixed ATMs.

As we all know, the world's five most famous financial centers are New York, London, Singapore, Hong Kong and Tokyo, and Fanhua Securities has a presence in these international cities.

In order to facilitate the flow and aggregation of funds within its own group, Suning also registered a private bank called "Caisheng Bank" in Yangon, Myanmar in Southeast Asia, and also established branches in Southeast Asia and Hong Kong.

……

(End of this chapter)