Rebirth in 1985

Chapter 905: Response Meeting (Part 2)

Xu Jiarui has already told the general situation, including the enemy's methods against Phoenix Group. However, Xu Jiarui did not tell the situation of Phoenix Group's subsidiaries. Of course, it's not that Xu Jiarui didn't want to tell, but Xu Jiarui couldn't tell because he was only the general manager of Phoenix Sales, not the general manager of the subsidiaries, nor the executive president of Phoenix Group. It was impossible for him to know so much information.

It can be said that Xu Jiarui first gave a general introduction, and then there was nothing else for him to do. He sat back in his original seat and began to wait quietly for reports from major subsidiaries, and then see if there is any good way to enable Phoenix Group to survive this crisis.

"Let me say a few words first." Seeing that no one spoke, Li Yunqing, an old servant of Phoenix Group, did not want to see the atmosphere so quiet, so he took the initiative to speak. "Perhaps in the eyes of the outside world, Phoenix Financial is not a listed company, nor an industrial company, so it should not be attacked. However, don't forget that Phoenix Financial has a Phoenix Bank under its umbrella. Less than an hour ago, Phoenix Bank's network system was attacked. The chairman knows this and has just rushed over there. As for the situation over there, only the chairman knows. What we are saying is that in addition to the attack on Phoenix Bank's network system, the two listed companies held by Phoenix Financial have also been attacked to varying degrees, especially Phoenix Lenovo Computer, a computer company in Hong Kong that has been attacked the most. Then there is Yingke Telecom, which has also been attacked."

After that, Li Yunqing paused for a moment and then added, "Since Phoenix Financial has a relatively rich fund reserve, the two listed companies are fine for now. However, the stock prices are still unstable, fluctuating up and down. If they are not stabilized soon, it may cause panic among stockholders, and there may be a relatively large drop in the price."

"In addition, many Hong Kong-listed companies invested by our Phoenix Financial have been affected to some extent, and their share prices have fallen slightly. I suspect that this is a temporary test by the Morgan consortium. We cannot rule out the possibility that they will suddenly take action, which may be troublesome at that time." Li Yunqing finally threw out another piece of news.

"Yes." Lu Shaohua nodded, and after thinking for a moment, he said, "I will transfer an additional 20 billion US dollars to Phoenix Financial. You just need to maintain stability for three days. After three days, I believe the Morgan Consortium will no longer be able to attack us."

Lu Shaohua was very confident and only said three days. As for what would happen after three days, Lu Shaohua did not say much. However, Lu Shaohua's words revealed a good news, which was that they would get out of the current predicament after three days.

Indeed, Lu Shaohua was very confident that he only needed three days. Although the current situation was not clear yet, Lu Shaohua was sure that as long as he was given three days, after three days, Phoenix Group would sound the clarion call for counterattack.

Once the Phoenix Group is free to blow the horn of counterattack, can the Morgan Consortium withstand it? Do they still have the ability to attack the Phoenix Group?

If Lu Shaohua were to answer this question, he could say with certainty that the Morgan Consortium was already in a difficult situation at that time, so how could it have the time to attack the Phoenix Group!

"Three days? No problem. Even a week is no problem." Li Yunqing became more confident and quickly made a promise to Lu Shaohua.

Are you kidding? Phoenix Financial has hundreds of billions of dollars in its account. With another 20 billion dollars given by Lu Shaohua, the total amount has exceeded 100 billion dollars. If he can't even maintain stability with 100 billion dollars, then Li Yunqing is not worthy of being the general manager of Phoenix Financial, nor is he worthy of being called one of the three giants of Phoenix Financial, let alone being called Asia's financial genius.

Lu Shaohua was very happy to hear Li Yunqing's assurance. He was about to say something, but unexpectedly Liu Mingzhang interrupted at this time. "I think Phoenix Financial will have no problem holding on for a month. After all, this is Hong Kong, our Phoenix Group's territory. The Morgan Consortium is just an outsider. If we release news at this time that the Morgan Consortium is attacking the Hong Kong stock market and Phoenix Financial is stepping forward to save the market, I believe that many Hong Kong stock investors will stand on our side."

Appeal, yes, what Liu Mingzhang was talking about was appeal. It is conceivable that if Phoenix Financial stood up and said something like that at this time, it might really get the support of shareholders across Hong Kong. After all, after experiencing the financial crisis in 97, Phoenix Financial's status in Hong Kong has become god-like.

Also, most of the people in Hong Kong are Chinese. Under normal circumstances, this may not arouse the patriotism of the people, but once a major disaster occurs, everyone will be united and will be willing to contribute money and manpower.

No one sitting in the conference room is a fool. When Liu Mingzhang, the deputy executive president of the group, said this, everyone subconsciously understood it. After thinking about it carefully, it seemed to be the case, and they naturally nodded in agreement.

Even Li Yunqing was the same. Although Liu Mingzhang's words just now had a bit of a face-saving effect on him, it was undeniable that Liu Mingzhang was right. "I haven't thought about it in this way. Phoenix Finance will definitely be able to hold on for a month."

"Very good." Lu Shaohua nodded, and then said, "How to operate it is up to you to decide. Anyway, I only have one requirement, and that is stability. It must be stable."

"clear."

"clear."

Li Quqing and Liu Mingzhang both nodded and spoke in unison.

"Well, tell me about the situation of Phoenix Supermarket." Lu Shaohua changed the subject and asked the person in charge of Phoenix Supermarket.

Originally, the headquarters of Phoenix Supermarket was in Shenzhen, which was its base, and the general manager was Lu Shaohua’s fourth uncle, Lu Jiahui. However, as Phoenix Supermarket integrated with the international market, it was no longer feasible for the headquarters to remain in China, after all, the country is still in the economic development stage.

Therefore, when Phoenix Supermarket officially integrated with the international market, the headquarters remained unchanged and was still in Shenzhen, but a branch was opened in Hong Kong, which was responsible for overseeing the daily management of Phoenix Supermarket and the handling of some minor matters. As for major matters, they had to be transmitted back to Shenzhen to be handled by Lu Jiahui.

Obviously, the incident happened suddenly and it was impossible for Lu Jiahui to rush to Hong Kong for the meeting immediately, so the head of the Hong Kong branch took over and came to the conference room to hold a meeting and report the situation to Lu Shaohua.

"The situation at Phoenix Supermarket is relatively clear. The methods they use are mainly reflected in two points. The first is that they have joined forces with Carrefour to compete with us. Starting from today, Carrefour will offer special prices for three consecutive days, which is a bit like a price war. The second point is the suppliers. They have bribed some suppliers to refuse to supply our supermarkets." The person in charge briefly explained the situation.

"So, Phoenix Supermarket is now in crisis?" Lu Shaohua asked.

"Yes, but it's just a minor crisis at the moment. If the supply problem is not resolved in time, our supermarket cabinets may become empty in less than three days." The person in charge added.

"Supply problem?" Lu Shaohua frowned and muttered to himself, then his brows relaxed again and he said with a smile. "The Morgan Consortium seems to have missed one point. They missed that Wal-Mart is actually our holding company. Aren't they using Carrefour to deal with us? Still want a price war? Well, we will negotiate with them. As for the supply problem, if the suppliers don't give us, we can borrow from Wal-Mart. After this storm is over, we can pay them back in cash."

Lu Shaohua quickly came up with a solution.

Just as Lu Shaohua said, the Morgan Consortium overlooked one thing, which is the existence of Walmart. As early as more than two years ago, Lu Shaohua used some tricks to acquire Walmart, and now it has become a subsidiary of Phoenix Group.

Of course, only the people inside the Phoenix Group knew this, and the outside world didn't know it, and they thought Wal-Mart still belonged to the Walton family. It is undeniable that the confidentiality was done well this time, and even the Morgan Consortium was kept secret.

However, it was precisely because of the Morgan Consortium's mistake that Phoenix Supermarket found such an opportunity, which not only saved Phoenix Supermarket, but also made Carrefour suffer a setback.

You can imagine that if Carrefour engages in a price war with Phoenix Supermarket for a long time, the cost would be enormous. After all, Carrefour is just a retail company. Although the company is large, it does not have a rich financial foundation. It can support it for a period of time, but if it continues for a long time, it will inevitably affect its vitality.

Once Carrefour’s foundation is damaged, it will be attacked from both sides by Phoenix Supermarket and Walmart. Will Carrefour still have room to survive?

The answer is: no.

If things develop into that state, Carrefour's living space will become smaller and smaller. If it cannot resolve the financial difficulties, Carrefour will be close to bankruptcy.

Lu Shaohua saw a bright road ahead, saw Phoenix Supermarket ascend to the throne of the world's retail giant, and also saw Walmart fall from first to second. But it didn't matter, after all, both companies belonged to the same person!

This person is none other than Lu Shaohua, a 'kid' who is only in his early twenties, the chairman and owner of Phoenix Group, a legendary super-rich man.

At the same time, Lu Shaohua also knew that if Phoenix Supermarket wanted to reach the top, there was still a long way to go. After all, the development of industry could not be like the financial industry, where one big operation would yield a big harvest. Industry had to be developed step by step.

But those are no longer important. What is important is that Phoenix Supermarket belongs to Lu Shaohua, and Walmart also belongs to Lu Shaohua. As long as the two companies occupy the first and second places, everything else is just clouds.

Is not it?

……