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Chapter 459: The Adjustment of Kewang

Chapter 459: The Adjustment of King Ke

On November 26, Yang Yun signed an agency agreement with most of the dealers on behalf of Aida Electronics. Only a few dealers were revoked for their agency rights because they took advantage of the shortage of supply. Before that, the marketing department had negotiated a replacement dealer.

The dealer conference of Ida Electronics ended here. There was only a brief press conference at dusk, and the above news was announced to the outside world by Yang Yun, director of the marketing department.

Aida Electronics' channel business system can be said to have not been affected at all.

As a result, on the 25th, media reporters and industry insiders who flocked to Haizhou would think it was impossible, but by noon on the 26th, they all knew that it was a foregone conclusion.

On the night of the 26th, the room where you can see the water of Xiaojinhu Lake in the northwest corner of the second floor of Dongjiang Building of Wenshan Hotel was bright all night, with figures reflected on the glass, and the people in the room did not rest for a night.

Liu Minghui finished the matter and did not leave. He rushed back to the sales managers who had joined him to work for Kewang. He opened a room on the first floor of Dongjiang Tower and waited, lying on the bed toss and turning, feeling anxious and had no sleepiness at all, and he didn't have to hold on to sleep. Xiao Wen called, but he was not in the mood to pay attention. At twelve o'clock in the evening, he heard Xie Zhan standing in the aisle on the second floor and calling the waiter to cook midnight snacks. Liu Minghui wanted to help, but he couldn't wipe his face. It was not until the early morning that Xie Zhan called him to inform him to go upstairs.

Xie Hanjing, Xie Hanming, Chen Jiashan, and Zhao Jinrong all went to other rooms to rest. There were only Xie Jiannan, Xie Zhan, Chen Jing, Yu Ping, and Zhao Xinlin, the vice president in charge of production and procurement. Liu Minghui felt uncomfortable. He knew what they were doing, and they had almost discussed it, just notifying himself.

"Many of the plans discussed before need to be corrected," Xie Jiannan pointed to the sofa next to Xie Zhan and asked Liu Minghui to sit down and speak, "The plan is revised, and the company's management structure needs to be adjusted accordingly. Xie Zhan will no longer serve as general manager. I will serve as general manager. Xie Zhan serves as deputy general manager and is in charge of the marketing department. You are still in charge of the marketing department, but the internal workers of the marketing department must be further clarified that Chen Jing is responsible for marketing and you are responsible for sales. In addition, Kewang will also set up a R&D department. Do you have any good candidates to recommend?"

Liu Minghui looked at Xie Jiannan in a daze.

"It's not about recruiting people from them," Xie Jiannan explained clearly. He also knew that he could not pull out key technicians from the Jinhu Electronic Technology Research Institute, and it was not a wise move to do so. "Do you have any familiar people when you come into contact with other manufacturers?"

When Liu Minghui was at Aida, he contacted downstream dealers more. Where can he know technical talents in the electronics field?

Xie Jiannan did not have much hope for him, and he always had to do this slowly. He said: "The dealer conference will be held as usual after dawn. The plan to establish a channel business system has changed. A type of city will be listed separately. Other cities will add provincial agents in the region, and only a deposit ranging from two to four million is charged to the first type of city and provincial agents..."

Xie Jiannan also said: "While actively developing the domestic market, we also need to open up emerging markets in Southeast Asia at the same time. We do not have the ability to expand the market in Southeast Asia immediately, and will look for agents in Hong Kong..."

Liu Minghui knew that there was no room for him to bargain, and Kewang had imitated Aida Electronics to the greatest extent, including looking for agents in Hong Kong to explore the Southeast Asian market.

Unlike Xie Jiannan who was poor all night, Zhang Ke returned home and slept beautifully with a duck down quilt. He said there was something else he was not satisfied with, but it was that he slept alone. At night, Tang Jing called secretly and teased her on the phone. Tang Jing's room had a new line installed, so she didn't have to worry about chatting, Tang Xueqian or Gu Jianping suddenly picked up the phone in another room.

In the morning, Su Jindong will accompany Sun Shangyi, Ge Mingde and others to be familiar with the management status of Aida Electronics. If you really want to successfully put Aida Electronics into Chiaxin Industrial, Aida Electronics must strictly meet certain standards in organizational structure, administrative management, financial management, production management, etc. In this regard, you will go to Hong Kong to ask relevant professional counseling institutions to help correct it. You must also go to Hong Kong to ask professional and authoritative accounting institutions to audit and evaluate Aida Electronics' assets. You will ask professional institutions to design detailed and easy-to-execute additional issuance and merger plans to attract Hong Kong investment banks or institutional investors to participate in the additional issuance, or underwriters and guarantee the rights and interests of existing shareholders in the additional issuance and merger plan, find suitable issuers or underwriters to cooperate, etc. In short, there are quite complicated things to do. Only after these steps are completed can you proceed to a substantial stage. All relevant information needs to be gradually announced to the outside world.

Zhang Ke left other interbank disc machine manufacturers in a narrow living space and actively guided disc machine manufacturers to focus on emerging markets in Southeast Asia. As the only center of the Chinese business economic circle, Hong Kong is naturally the best springboard. Many disc machine manufacturers use Hong Kong as a springboard to enter the Southeast Asian market, which will make the concept of disc machine popular in Hong Kong. I believe that Hong Kong will also pay attention to the hot spots in the mainland.

Zhang Ke injected the concept of DVD player into Jiaxin Industrial as early as the beginning of the year. If Jiaxin Industrial's stock price could rise significantly before the additional issuance, not only will the major shareholders of Jiaxin Industrial such as Sun Ge, Yeshi and Yuexiu Company actually benefit, but the difficulty of additional issuance and mergers will be greatly reduced.

Of course, it is hard to believe that such a large additional issuance and merger plan will be successful without institutional investors or investment banks participating in the additional issuance. Without institutional investors or investment banks directly ate some of the additional issuance stocks, and without using Hong Kong's licensing system in underwriters and market support, the issuance of stocks with several times the original market value may cause an avalanche of the stock price of Chiaxin Industrial, which will cause the entire additional issuance plan to fail. The implementation of the additional issuance plan, the proportion of shares of several major shareholders will be greatly diluted. Since investment banks and institutional investors will directly ate some of the additional issuance stocks to ensure the relative controlling rights of Chiaxin Industrial, it is also a matter that must be carefully considered. Overseas investment banks or institutional investors often use the lack of securities knowledge of domestic companies to hide poison pills similar to gambling clauses in the issuance agreements to launch the poison pills at critical moments to seize control of the entire company.

Zhang Ke believes that Sun Shangyi’s rich knowledge in financial securities and his rich connections in Hong Kong can provide great help.

Zhang Ke was at home in the morning and sorted out the too complicated ideas. He was hesitating about how to deal with Aida Electronics' brand assets to be more beneficial. The most favorable model is to place the brand into the Kumho Electronic Technology Research Institute and authorize the use of Aida Electronic disc machine series products. After all, Zhang Ke wanted to place a series of consumer digital and electronic products under this brand, including learning machines, handheld computers, MP3s, etc. This time, it was just to place the disc machine-related assets into Chiaxin Industrial; but will this model add additional resistance to the additional issuance and acquisition plan?

At ten o'clock, Ye Jianbin called and asked Zhang Ke to turn on the TV quickly and tell him that Haizhou TV station was broadcasting the press conference of Kewang Electronics.

"What would be good about Ke Wang's press release?" Zhang Ke muttered. Ye Jianbin didn't let him hang up his phone. He walked out of the study and climbed onto the sofa in the living room and finally turned on the TV. Seeing Xie Jiannan's face that might have been working in front of the mirror several times this morning before he recovered his calm face. Chen Jing, who was standing next to him, was painting a deeper eye shadow, probably to cover up the dark circles. Thinking that they were probably discussing countermeasures all night last night, Zhang Ke thought that if Chen Jing's delicate beauty was haggard, it would be a sin. Xie Jiannan promoted some adjustments in business strategies on behalf of Ke Wang, and indeed publicly told the media that Ke Wang would consider opening up the Southeast Asian disc player market next year. Zhang Ke tilted his head around his neck and said to Ye Jianbin: "This is all expected. Is there anything worth making a fuss about calling me?"

"You didn't hear the personnel adjustments in front of Kewang. Xie Jiannan served as general manager, Xie Zhan was in charge of deputy general manager and in charge of marketing department," Ye Jianbin's voice was a little excited, "You said Xie Jiannan came to Haizhou to serve as general manager of Kewang. He would let go of Haitai's affairs... They were determined to maintain Kewang!"

"Look at your complacent spirit," Zhang Ke said contemptuously, "There are two things that are certain that they still have strong confidence in the disc player market. Xie Zhan is indeed not enough to lead a large enterprise well; and another thing, Kewang cast 3.5

Yi won the CCTV bid. If Kewang's shareholders do not want their companies to be hindered by CCTV, then the agreement between Kewang and CCTV will be carried out..."

"Does that mean that the Xie family becomes conservative when operating a home appliance chain store?" Ye Jianbin's excitement is here.
Chapter completed!
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