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Chapter 69 Embarrassing Sydney

If we say that the automobile industry is in a hurry right now.

Then Xueli and Sanxin would be in dire straits.

Due to the battery scandal, Sanxin Mobile's improper handling of Dongtang's sales led to an avalanche of Sanxin mobile phone sales in Dongtang.

Moreover, Sydney has been affected by the impact of domestic mobile phones. A large number of domestic mobile phones equipped with Thor batteries have caused Sydney Mobile to lose a large part of its customers.

The annual sales volume of mobile phones in Sydney in 2016 was only 176 million units, a year-on-year decrease of 23% compared with 2015.

What makes Cook even more worried is that in January 2017, Hony Battery Company's factory in Shanmei officially started production, and domestic mobile phones such as Oppein Vo Meizu also began to join the Thor battery camp.

This makes Sydney even more stressed.

If the Ministry of Commerce had not suddenly banned the sale of Thor batteries, Sydney mobile phones would have been even more difficult.

Although it has secured about two-fifths of the global market and is not affected by Thor Batteries, Cook knows that this is not a long-term solution.

As soon as Sydney mobile phone sales figures for 2016 were released, Sydney's stock price plummeted. It dropped by about 11% in more than a week, which is equivalent to the evaporation of US$110 billion.

Many shareholders are already very dissatisfied with Sydney's performance, and they also express doubts about Cook's ability. Many are even proposing to remove Cook.

After all, the Ximi capital market is so cruel. If you do well, you will be able to fly and fly. If you don’t do well, pack up your bed and get out immediately.

They are not the state-owned enterprises of the Eastern Tang Dynasty with a strong "human touch". The mentality of capitalists is, if you can't make money for me, what use do you have?

"Ahem! Mr. Cook!"

A vice president interrupted Cook's musings.

"Mr. Atlanta! What's the matter?"

"Is President Cook thinking about how to solve the sales problem?" Atlanta asked.

Cook nodded: "That's right, I didn't expect the Thor battery to have such a huge impact on us."

"If we can use Thor batteries, maybe we can restore sales." Atlanta said with a hint.

Cook raised his glasses, stared at Atlanta and reminded: "Mr. Atlanta, you should know about your current relationship with Raytheon Battery Company!"

"Of course! But Thor Battery Company is not the only one selling Thor batteries in this world." Atlanta raised an eyebrow and said.

Huh? Cook looked thoughtful and asked with some uncertainty:

"Are you saying that flowers are mobile phones?"

"No, no, it's this company!" Atlanta handed a document to Cook.

After taking it, Cook immediately looked through it, Xiangjiang Bear Battery Company? After a while, Cook stared at Atlanta:

"This is obviously a leather company. Do you believe they can make Thor batteries?"

"President Cook, I have already investigated. This company is indeed a leather bag company, but the Thor batteries they sell are real Thor batteries. They are provided by Thor Batteries and manufactured by Desai Batteries.

"

Cook immediately knew what Atlanta meant, that is, the battery had a Bear Battery brand on it, so it was not a Thor battery.

He frowned and thought for a while, then nodded:

"I'll leave this matter to you."

“But their prices”

"Okay, we can design the battery a little smaller. It only costs about sixty dollars. It's a piece of shit Thor battery." Cook had to suffer this loss.

If no measures are taken, Sydney's stock price will continue to slump, and his position as president will almost come to an end.

Isn’t it just two dollars per gram? I gave it to you, but the price will be higher at worst.

"Okay, as you wish, President Cook." Atlanta smiled and left.

Hong Kong Central, Orion Corporation Headquarters.

Eat!

"Come in!"

"Mr. Wang, here's the good news!" The person in charge of Xiaoxiong Battery Company handed an email to Wang Zhiqiang.

Wang Zhiqiang took it and saw that it was a letter of intent for cooperation from a Sydney company.

He couldn't help but laugh. Wang Zhiqiang didn't believe that Sydney Company didn't know that the company behind Little Bear Battery Company was Raytheon Battery Company.

But since the other party pretended not to know, he was willing to cooperate.

Sure enough, the law of true fragrance is not so easy to resist.

Soon Atlanta took people from the Sydney company to Xiangjiang secretly to negotiate with the Little Bear Battery Company.

Considering that Thor batteries are really banned by Meiligen, Sydney only needs to switch Sydney mobile phones in non-banned areas to bear batteries.

As for the no-sale area, Cook and Atalanta are both understanding people. It is okay to play with the concept of secret exchange with the public, but this kind of thing cannot be hidden from Meili Jian.

Therefore, Sydney mobile phones in the restricted area can only use LG Chem batteries, which can save billions of dollars.

After three days of intense negotiations, Atlanta purchased 30 million mobile phone batteries from Bear Battery Company on behalf of the Sydney company, at a cost of US$63 per unit (containing 25 grams of cells).

A total of 1.89 billion US dollars. Bear Battery Company not only raised the price, but also required Sydney to pay half of the deposit in advance. However, Sydney, who was under the control of others, had no choice but to accept such harsh conditions.

"Haha, cheers!" Wang Zhiqiang and several Orion leaders celebrated excitedly.

"Cheers, it feels so good to kill people."

"Haha, these ghost guys finally came over and bought it."

Wang Zhiqiang took a sip of red wine and said with a smile: "This is the power of technology. These ghosts used to treat us the same way. This is called the change of fortune."

"Mr. Wang, this time we have 54 million US dollars, I must spend it in a good way."

In order to encourage Orion Company's enthusiasm, Huang Haojie asked Raytheon Battery Company to wholesale the battery to them at a price of US$2 per gram of battery cells.

Orion asked Desai to manufacture batteries, and each battery only cost Desai US$1.

So the Orion company sold it to Sydney, making a profit of $12 per battery.

Wang Zhiqiang and others have a dividend of 15%, which is 54 million US dollars.

Of course, Orion will not distribute all its profits as dividends at once. It will distribute dividends on a quarterly basis, and the company itself needs to withhold part of it as operating expenses. But even so, they can still get hundreds of thousands to millions of dollars.

Dividends.

On the night when the contract was signed, Wang Zhiqiang reported to Huang Haojie that Sydney Company placed an order for 30 million mobile phone batteries with Xiaoxiong Battery Company.

"Well done! Since the Sydney company wants to steal a new one, let's help him. You can ask Desai to remove all the signs about Thor Batteries so that our President Cook will not be embarrassed." Huang Haojie ordered with a smile.

"No problem, customers are God! Of course we must do our best for customers!"

"Work hard, I won't treat you badly. By the way, Zhai Shaojun, the investment manager of Orion Company, and Huang Zefu, the deputy manager of the logistics department, go check on them." Huang Haojie suddenly ordered coldly.

Gulu! Wang Zhiqiang suddenly felt like he was being watched, and he quickly replied respectfully:

"No problem, I'll investigate them right away."

"Well! Don't disappoint me! Just get busy!"

After Huang Junjie finished speaking, he hung up the phone.

For these guys who are as high as the mountain and as far away as the emperor, they just want to kill the chickens, scare the monkeys and beat them up. In fact, Huang Junjie has already received the information that these two guys are doing small things.

This time he was just trying Wang Zhiqiang. If Wang Zhiqiang protected these two people, the CEO of Orion Company would have to be replaced.


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