Chapter 126: Answering Questions (2/2)

“Because for us at Erlunsi, joining the WTO is not a good thing.”

“Don’t think that after joining the WTO, you can just engage in export business and export in large quantities. You must know, massive exports will not only affect the export quota but will also attract a flood of anti-dumping investigations.”

“This is because the wave of trade barriers always targets labor-intensive industries.”

“As a garment manufacturer, due to fluctuations in cotton prices and raw material supply after joining, along with RMB exchange rate factors, I can assert that the future of the textile industry will be a cold winter. This is also a deep-seated disadvantage for any garment or textile industry after joining.”

The charm of language should not be underestimated.

Such professional analysis and foresight beyond everyone else shocked every person present to the core.

The employees who were previously skeptical looked at each other and leaned in again.

Including Wang Yang and Li Jianjun, the shareholders were so surprised that they gasped.

Who could believe that these words came from an eighteen-year-old?

But they had to believe, they must believe.

Because the reality was vividly before their eyes.

After speaking briefly, Zhao Qingfeng picked up his cup, intending to take a sip, but found it empty.

Wang Yang swallowed hard, his hand slightly moved.

Li Jianjun was quicker, personally picking up the kettle and filling the cup.

Wang Yang saw this, feeling a bit regretful. Seeing the eager eyes of the shareholders still waiting, he glanced at the kettle, hoping he could pour next time.

Zhao Qingfeng did not care about these small details.

After drinking a sip, he continued with precise analysis.

“So, since we can predict the general trend of the future, we must make a clear judgment on it. My judgment is one word, reform. Reform is imperative.”

This statement was similar to what Li Jianjun had said before.

When Li Jianjun had finished speaking before, no one agreed.

But now it was different.

Although no one made a statement, they were eager to hear the specific suggestions for reform.

Of course, Zhao Qingfeng would not go into too much detail.

But the following in-depth and accurate analysis was enough to resonate deeply with everyone, earning their full agreement.

“Our current business model is self-production and sales, through distributors and direct stores, among other sales networks, to sell products. Agents buy products from the company headquarters and then sell them to lower-level agents or retail stores.”

“This is the most normal sales channel on the market, and other companies operate in the same way.”

“But the key issue is, there are too many businesses of all sizes on the market that want to rise with the help of WTO.”

“If we continue to compete, although there is a possibility of winning, the cost and the gains will be disproportionately low.”

“My suggestion is, after the reform in the future, we should immediately start providing customers with one-stop service cooperation including supply chain management, product design, quality control, visual design, supply chain finance, channel expansion, brand licensing, and the promotion of big data that will appear in the future.”

“I call this model NGTT, you can simply understand it as a business community, or ‘Erlunsi’ community, whatever you say.”

“But the key issue now is not to do the several major projects I just mentioned.”

“Instead…”

At this point, Zhao Qingfeng paused and looked at the shareholders.

Two shareholders were particularly enthusiastic, preemptively speaking about immediately developing manufacturers, focusing on OEM, and so on.

Such a simplistic view!

If it were that simple, anyone could do it.

Zhao Qingfeng smiled, “You are wrong. If we go directly to OEM, the company will quickly fall behind, even faster than now.”

This statement was devastating.

It shattered the thoughts of some shareholders.

They were thinking of enticing Zhao Qingfeng to reveal everything, then following his lead.

But.

Zhao Qingfeng had already seen through their intentions, everything was under control.

“So, what is it?”

Several shareholders stopped writing, stretching their necks to ask.

“It’s that you still have eight questions you can ask. Ask them, and then make a decision quickly, I don’t have much time.”

Zhao Qingfeng spread his hands and leaned back in his chair lightly.

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