Chapter 123: Relinquishing the throne (Ch 831050627)

On New Year’s Day, Chen Tong also received an invitation from a small factory in Zhuhai.
This year, the small factories in Zhuhai achieved a turnaround in the second half of the year. Although the overall product sales volume is still lower than that of some manufacturers, the gap is actually getting smaller and smaller.
The development of Zhuhai’s small factories is now gradually moving in a good direction.
“Inviting me, it seems like there’s something big going on at this conference…”
After receiving the invitation letter, Chen Tong also showed a curious look in his heart.
Although he currently owns 8% of the other company’s shares, Chen Tong does not want to directly interfere with the development of Zhuhai sales.
And after obtaining the company’s shares, Chen Tong did not interfere in the company’s affairs.
And now that this company conference has specially sent an invitation to me, the small factory in Zhuhai must have something important to announce.
However, considering that his own company was actually in a front-shop-back-production situation similar to the small factory in Zhuhai, Chen Tong still chose to attend this conference.
Outside the Zhuhai Small Factory building, Huang Chang, the current head of the Zhuhai Small Factory, cordially welcomed Chen Tong’s arrival.
“Mr. Chen!” Huang Chang brought Chen Tong to the company’s conference room where more than a dozen people were sitting.
[NPC: Bai Yongxiang]
［Level: 2S-level supply chain management talent! ］
[NPC: Li Nan]
[Level: 2S-level product development talent! ]
…
Chen Tong looked at the dozen or so people present and had already used a special detection system to completely detect the identities of several of them.
The people present here are basically S-level or above talents, and they seem to be the management of the entire small factory in Zhuhai.
Chen Tong even saw the famous Three Musketeers of Zhuhai Small Factory.
Bai Yongxiang and Yang Yan, two top talents who have basically faded out or may even have withdrawn from the small factory in Zhuhai, unexpectedly appeared at this meeting.
Bai Yongxiang was the co-founder of Zhuhai Xiaochang and served as the company’s CEO after Huang Chang retired.
However, due to the failure of the Meizu Pro7 product, he gradually faded out of the company’s management and never appeared in public again.
As for Yang Yan, he is the main person in charge of the Zhuhai Small Factory system, and he promoted the cooperation between Zhuhai Small Factory and Ali Company.
However, due to issues regarding the distribution of interests, the cooperation between the two parties ultimately failed, and Yang Yan, who served as the middleman for this cooperation, gradually faded out of the company’s management.
As for Li Nan, another one of the Three Musketeers, he is currently responsible for the development of the company’s sub-brands.
Of course, the relationship between Li Nan and the company manager Huang Chang is not particularly good now.
Last year in 2018, in order to improve its brand image, the company finally chose to cut off its sub-brand business.
At the same time, the company asked Li Nan to lead the crowdfunding of the Zero product line, which failed and was eventually publicly denied by CEO Huang Chang.
According to the original historical development, Li Nan would resign this year, eventually start a new company, and gradually develop into a self-media blogger.
Looking at the situation in front of him, Chen Tong almost understood that the small factory in Zhuhai might make a very big move at present.
After all, two retired senior executives of the company and a top talent who was about to leave the company gathered at this meeting.
I’m afraid this matter is very important.
At the beginning of the conference, everyone gradually turned their attention to the speaker Huang Chang.
The beginning of this conference was more like the company’s summary meeting for the previous year.
It’s a pity that although the company recovered from its decline in the second half of last year, the overall product shipments were still reduced by nearly 20% compared with last year due to the elimination of sub-brands.
Although the company’s overall product shipments have shrunk, Huang Chang said the company’s profit margin in the second half of last year was much better than the previous year.
After saying this, he looked at Chen Tong who was sitting next to him.
Everyone present understood what their boss meant. If it weren’t for Hua Teng as the company’s rear-end guarantee, the company would probably not be able to achieve such a high level.
After announcing the company’s performance last year, Huang Chang suddenly began to summarize his achievements in the past few years as CEO of the returning company.
He retired in 2011 when the company was gradually starting to rise, and returned in 2016 when the company was gradually going downhill.
It’s a pity that after the comeback, no matter how hard the company tried, it could never return to its peak position.
And now compared with these manufacturers on the market, it has been completely classified into other categories.
However, the rice company, which was once a competitor of the small factory in Zhuhai, is now doing very well.
After summarizing his achievements as the company’s CEO for nearly two years, Huang Chang suddenly changed the subject.
“I plan to resign as the company’s CEO after the new year and hand over the position of CEO to Chen Tong, Mr. Chen!”
Huang Chang’s sudden words instantly caused Chen Tong’s brain to short-circuit.
What! What did you say?
He resigned from the position of CEO of the original company and gave the position to himself.
Huang Chang didn’t even ask himself what he thought. It was obvious that he was forcing someone to do something.
“Mr. Chen, you currently own 8% of the company’s shares and are the second largest shareholder!”
“The Zhuhai factory is my hard work. If you are willing to accept the position of CEO of the company, I am willing to transfer 30% of my shares to Mr. Chen at a very low price!”
“By then, Mr. Chen will own 38% of the company’s shares and will become the company’s largest shareholder…”
Huang Chang looked at Chen Tong expectantly and told him all his plans in one breath.
After hearing this, Chen Tong fell into deep thought.
Among the many domestic manufacturers, the strongest are the four major manufacturers, and after the four major manufacturers is Vivostar Mobile, which is backed by Vivostar Communications.
Zhongxing Communications has three major mobile phone brands, Zhongxing, Yanmo, and Nubia!
The small factory in Zhuhai was second only to Zhongxing. Later, in order to develop, it sold the company to an automobile company and eventually became a vassal of the automobile company.
Although the development of Zhuhai’s small factory is relatively stable now, its actual market position is also very worrying.
“Let me think about this…”
Chen Tong did not give a direct and accurate answer. Accepting the business left behind by the other party still requires careful consideration of these matters.
Of course, everyone present also focused their attention on Chen Tong, hoping that Chen Tong could accept the current small factory in Zhuhai.
Zhuhai’s small factories are currently in the process of developing in the market. Although they can still make some splashes, their fundamental development opportunities have begun to gradually decrease.
Everyone present clearly understood that if the small factories in Zhuhai wanted to fight their way out of the blockade by major manufacturers, the best way was to rely on a backer.
Chen Tong is currently the controller of Huateng Microelectronics, Huateng Semiconductor, and Huateng Organic Materials Technology Co., Ltd.
What you have in your hands are some of the most important components in the current smartphone industry.
Screen and processor chip! Now add a new type of battery!
As long as Chen Tong is willing to take over the company, the technical core and defense of the small factory in Zhuhai will gradually catch up with those of other large factories.
Of course, the people present cared most about Chen Tong’s answer were the Three Musketeers of Zhuhai Small Factory. The reason why the Three Musketeers attended this meeting was because of Chen Tong.