The Australian agents pulled the same outrageous maneuver as Song Guangyao.
First, they announced store closures, stopped representing HM, and then sued...
As for the next step, wouldn't it be flying to Xia Country to find Wang Yi and request to represent Meiyou and Zhenyou?
Become Meiyou and Zhenyou agents?
Wang Yi couldn't help but laugh,
"This move by the Australian agents is damn slick!"
Foreigners are far inferior to Chinese people in the application of military strategy.
But they have one advantage, which is that they are good at learning and good at imitating others!
Currently in Australia, Meiyou's "pure desire" style is selling big, but Australian HM stores are deserted, and revenue has sharply declined.
Brand image is simply too important.
Seeing their stores unable to cover expenses, losing money every day, inventory piling up, and suffering heavy losses... the agents were also anxious!
They had long wanted to stop representing and cut their losses in time.
But contract restrictions and penalty clauses made them afraid to back out.
Until they saw the outrageous maneuver by Song Guangyao, HM's general agent in Xingzhou, not only cutting his losses in time and stopping representing HM, but also suing HM and claiming a huge sum!
He even directly became a dual-brand agent for Meiyou + Zhenyou, making a huge profit!
From an HM agent losing money every day to a Meiyou and Zhenyou agent making huge profits daily, it was a direct leap to heaven!
Definitely a bad hand of cards, played into a king bomb!
Now the Australian agents completely understood and learned!
They decisively followed suit!
As a result, Wang Yi was happy! The Australian agents were excited! Inditex Group also smiled!
The only tragedy was HM, and its shareholders and stock investors...
With the Xingzhou general agent defecting and losing the entire Xingzhou market, HM had already suffered heavy losses and its stock price plummeted.
If it were to lose the even larger Australian market, then HM would be utterly disastrous.
After all, Australia's area, population, GDP, etc., are several times that of Xingzhou!
For a moment, HM had a huge headache, and Garford was even more anxious, pacing back and forth:
"The Australian market is too important and must not be given up. Immediately send a team there for emergency public relations and stabilize the Australian agents!"
"Yes!"
The subordinate quickly replied.
"This must be handled well. If we allow the Australian agents to also follow Song Guangyao's path, defect and betray us, becoming Meiyou agents, then what we lose is not just the Australian market, but also the negative impact caused by this incident, which will lead to a stock price plummet!"
Garford's expression was unusually solemn; the blow this incident dealt to HM was absolutely fatal!
"Then I'll have the Public Relations Department Manager go personally!"
Garford waved his hand,
"Not enough, have the Vice President go with them! This matter must be resolved today. I want to see a good result before the market closes. Otherwise, our stock price will look terrible, absolutely terrible!"
"Yes!"
"Additionally, notify the finance department to prepare funds, fight with our backs to the wall, and must pull the stock price back up!"
"Yes!"
Command after command was issued, and the entire HM became frantically busy.
The Vice President personally led the Public Relations Department, rushed straight to the airport, and flew to Australia.
On the other side, other HM executives also continuously called the Australian agents, wanting to appease them.
But the Australian agents either didn't answer the phone at all, or their assistants answered, saying "the boss is in a meeting..." "the boss is busy..."
In short, there was no progress.
"Damn Australian agents, they're determined to follow Song Guangyao's example and defect!"
Jam instantly understood everything, and his face grew even uglier.
"President, what should we do then? Should we return to headquarters first?"
The subordinate couldn't help but ask,
"We can't just keep waiting, can we?"
"Return to headquarters? If this isn't resolved, how can we go back? Wait, I refuse to believe that Scutt won't come back!"
Jam said coldly, having made up his mind, to wait, to wait until the very end!
Even if they wanted to enter Scutt's house to wait, they were all rejected by the nanny.
With no other option, the subordinate could only accompany Jam, squatting at the doorway to wait.
But they waited and waited, until afternoon, and still couldn't wait for Scutt to return.
It turned out that early in the morning, Mr. and Mrs. Scutt, along with other agents, had already flown directly to Xia Country.
Now they had all come to Xingyi Technology Park, requesting to see Wang Yi!
In the afternoon, Wang Yi had just woken up and saw a message from Jian Ziyan:
"Boss, HM's Australian agents have come to Didu as a group, all waiting at the industrial park, wanting to see you."
"Oh, I see, you arrange for someone to entertain them first, I'll sleep a bit more."
Wang Yi yawned.
"This..."
Jian Ziyan was a bit surprised,
"Chairman, those HM distributors..."
"Just let them wait."
Wang Yi said calmly.
Between brands and distributors, it's all about binding interests, with no loyalty to speak of.
It doesn't even matter if you call them ungrateful.
If a brand is strong, can make money, and treats distributors like grandchildren, distributors will still fully support it.
Once a brand is weak, no longer makes money, and treats distributors like ancestors, they will instantly defect, betray and turn against it!
This is all normal.
There's really no need to be too good to distributors; as long as you can lead them to make money, that's enough.
On the contrary, no matter how good Wang Yi is to them, distributors won't appreciate it.
Once Meiyou is no longer strong, they can betray HM today, and they can betray Meiyou tomorrow!
This is all inevitable.
The same goes for other distributors.
To put it bluntly, it's simply a business partnership.
After hanging up the phone, Wang Yi ate the lunch Lin Shu had prepared, and then unhurriedly headed to the industrial park.
These past few days, repurchasing HM shares, he had been active at night and resting during the day, and his biological clock was reversed.
Seeing Wang Yi arrive, all the agents were overjoyed.
Even after waiting for over an hour, they felt it was all worthwhile.
No choice, now that the Meiyou brand is too strong, their agents, major clients, have all turned from the dominant party to the subordinate party.
"Hello, Chairman Wang, I apologize for the rude interruption, I'm truly sorry."
Scutt, as the largest HM distributor, became the representative and spoke first:
"I am Scutt, former HM New South Wales, Australia distributor."
"Hello."
Wang Yi understood the other party's identity in his heart.
New South Wales is the wealthiest state in all of Australia, its GDP is twice that of other states.
Scutt being able to be an agent in this state naturally means he is the core of these seven people!
The others also spoke up one after another, introducing themselves:
"Hello, Chairman Wang, I am Otto, former HM northern region agent."
"Hello, Chairman Wang, I am former HM Western Australia agent..."
...
After an introduction, Wang Yi knew their identities, waved his hand,
"Please sit!"
"Chairman Wang, we've been too miserable recently, HM really messed us up..."
Scutt, as the representative, began to complain again.
The others also added fuel to the fire.
Wang Yi couldn't help but laugh, how familiar was this scene?
It was simply identical to Song Guangyao back then!
"Chairman Wang, we will definitely fight HM to the end, never settle, and certainly won't continue to represent HM."
Scutt changed the subject,
"We also hope Chairman Wang can give us an opportunity to also become agents for Meiyou and Zhenyou!"
As expected, they also wanted to be like Song Guangyao, turning a bad hand into a king bomb.
Regarding this, Wang Yi naturally wouldn't refuse.
And he would facilitate this matter as soon as possible!
After all, once it's done and the news is released, HM's stock price will continue to plummet.
Wang Yi's remaining shares can also be repurchased at a low price!
Besides, having one agent per state in the future is not secure either.
A dual-agency model, with internal competition, is more reliable.
Even if one defects, the other can instantly take over!
"This can be considered,"
Wang Yi said,
"As for the model, it will be the same as Xingzhou, one state, dual agents."
"Okay, we'll all follow Chairman Wang's arrangements, we have no objections."
"Right, no objections!"
Wang Yi stood up,
"Then you all wait for a bit, I'll discuss it with the current Meiyou agents in Australia."
"Of course, please do."
Scutt smiled.
Wang Yi returned to the office, Jian Ziyan had already prepared the video conference,
"Chairman, the seven major Australian agents are all ready."
"Good."
Wang Yi and the seven Australian agents started the video conference:
"Everyone should be clear about the situation. You are Meiyou agents, HM's agents have collectively defected, and want to become Zhenyou agents."
Hearing this, all seven major agents' expressions changed drastically.
Australia, like Xingzhou, is a developed country with high consumption power; the high-end Zhenyou sells better than Meiyou and makes more money!
"Chairman Wang, it can't be arranged this way. We were the first to follow you, you can't cut Zhenyou out!"
The seven Meiyou agents spoke up one after another:
"That's right, Chairman Wang, their ambition is too great. It can't be arranged this way."
"Chairman Wang, why don't we do as in Xingzhou and divide the exclusive agency of each state into dual agencies, dual brands!"
"Yes, Chairman Wang, this method is better, we'll each give them half a state, each responsible for one half. Simultaneously represent Zhenyou + Meiyou!"
...
Listening to everyone's words, Wang Yi smiled, sure enough, these agents, like Li Zongyang, would rather become dual agents than give up Zhenyou!
After all, Zhenyou has greater profits.
"Okay, then as you said, the seven states will be divided east and west, you and they will each be responsible for half, representing Zhenyou + Meiyou in your respective regions."
Wang Yi said,
"As old agents, whether the East or West region, you can choose first. However, the annual agency fee will become 100 million RMB, and whatever was short before, make up the difference."
"Thank you, Chairman Wang, thank you!"
Everyone was overjoyed, this was the most ideal model.
And being able to choose first means they can seize the initiative.
"Then it's arranged this way, tomorrow you all come to Didu to re-sign the contract!"
"Okay!"
After discussing this matter, Wang Yi returned to the reception room,
"It's settled, we'll follow the Xingzhou model, tomorrow, their seven agents will also come to Didu to sign the contract together. You will each be responsible for half a state, two brands. The agency fee is 100 million RMB."
"Thank you, Chairman Wang!"
"Thank you!"
Scutt and the others were overjoyed and completely relieved.
That evening, Wang Yi at the InterContinental Hotel, entertained the HM agents.
Immediately, media captured this scene and reported it.
Australia.
Jam squatted until evening, still didn't wait for Scutt to return, but received a call from Garford:
"Are you still squatting in Australia?"
"Yes, Chairman, Mr. Scutt hasn't returned yet, he's probably coming back tonight, I'll wait a bit longer."
Garford was furious,
"What are you waiting for, you idiot! Idiot! Scutt and his people have already gone to Xia Country, and are currently reveling with Wang Yi!"
"What? How could this be!"
Jam was completely flustered,
"Emotionally, we waited for the agents all day in Australia, but the agents directly flew as a group to Xia Country to meet Wang Yi!"
This feeling... is exactly like a 'simp' waiting bitterly all day downstairs for his goddess, while the goddess went to meet her 'god' from a thousand miles away!
It's damn ironic!
"See for yourself, it's all over the news!"
Garford said grumpily.
Jam opened his phone and sure enough, saw those news reports:
[HM Australian Agents Collectively Come to Xia, Determined to Abandon HM, Switching to Meiyou.]
[Chairman Wang and HM Agents Have Merry Discussion at InterContinental Hotel, Both Parties May Have Reached Cooperation!]
[HM Australian Agents Collectively Defect, Will Become New Meiyou Agents, HM Completely Loses Australian Market!]
[HM Xingzhou and Australian Agents Continuously Defect, HM's Troubles Worsen, Stock Price is Bound to Plummet Again!]
...
"F***!"
"F***!"
Jam looked at the overwhelming news, looked at the photos taken by reporters, and his face turned green:
"No wonder I waited all day and couldn't find them, it turns out they went to Xia Country to meet Chairman Wang!"
"You guys are really something, making me, the Vice President of HM Group, wait all day for nothing!"
"Really something, I'll remember this!"
Jam was furious, but quickly calmed down.
When HM was glorious before, he, as the group's vice president, was still very powerful and prestigious.
Every year agents would give him gifts and tributes.
Once he came to Australia, seven agents would compete to arrange a one-stop service for him!
But now, it seems hardly worth mentioning!
After all, HM is almost dead, agents are collectively defecting, who still treats him with importance?
Having thought clearly about this, Jam sighed deeply: "Alas!"
Until this moment, he realized that all the glory and prestige he had before were given by HM.
Of course, the glorious HM.
Now that HM is dead, everything else is also dead.
Just like Samsung phones in his past life, when they were glorious, Samsung marketing executives were all 'lords', and agents would serve them with good food and drink.
After Note7, Samsung couldn't sell anymore, everything turned around, stores closed down, agents stopped cooperating...
Samsung marketing executives started pleading with agents not to stop cooperating, to continue representing, to continue ordering...
One can only say, times have changed.
As soon as this news came out, HM's stock price began to plummet again, directly falling below 25 yuan.
Wang Yi again seized the opportunity to acquire a batch, at an average price of 25 yuan.
The next morning, the Australian Meiyou agents also arrived.
Everyone sat together, re-divided the market, and signed agency contracts.
By now, the agents for Meiyou and Zhenyou in Australia, from seven, had increased to fourteen.
Wang Yi will also earn over a billion more in agency fees!
News broke that night, HM's stock price plummeted again, all the way down to 22 yuan!
Wang Yi knew that barring any surprises, this was the final wave of plummeting.
If there's no major negative news later, HM's stock price will slowly recover.
Returning to the peak of 100 is impossible, and even 50, half of its peak, is unrealistic.
But returning to over 30, there is still hope.
Wang Yi decisively had people go all out to acquire HM shares.
"Below 25 yuan, acquire all of it!"
Adding the shares acquired in the past few days, 30 million shares were completely gathered.
These 30 million shares were returned to the brokerage, and thus, the short selling ended.
The 30 million shares shorted initially, sold at 100 yuan per share, Wang Yi cashed out 3 billion.
Now HM shares were acquired at 22-29 yuan, plus transaction fees and so on, only costing about 700 million in total!
This time short selling, Wang Yi net profited 2.3 billion!
Returning to Lin Shu's home, Wang Yi, as before, wanted to just lie down and sleep.
But Lin Shu stopped him,
"No sleeping! Eat something first, then sleep!"
Wang Yi's expression was complex,
"Xiao Shu, you got up early to make this meal for me?"
"That's right, so you have to eat something first, then sleep!"
Lin Shu, afraid Wang Yi wouldn't eat, directly brought the meal and sat near Wang Yi,
"Open your mouth, I'll feed you!"
"Okay!"
Wang Yi smiled,
"I'm not a child."
"Adults must pay even more attention to their health, stay up late less, and must not skip breakfast!"
Today, Lin Shu had become strict.
The more one cares, the more one meddles.
"Okay, I'll listen to you from now on, baby."
Wang Yi said with a smile.
"That's more like it!"
Lin Shu smiled charmingly,
"No classes today, I'll accompany you to sleep after eating."
"How will you accompany me?"
Wang Yi blurted out.
Lin Shu was speechless: "..."
"Pervert! Thinking those thoughts again!"
Wang Yi: "..."
"By the way, you've been staying up late every night these past few days, what have you been busy with?"
Lin Shu was full of curiosity.
For several days, Wang Yi had been active at night and resting during the day.
"I shorted HM's stock at the end of September, and am currently repurchasing it!"
Wang Yi sighed,
"It's all done, no need to stay up late tomorrow night."
"Oh, that's good, you've worked hard!"
Lin Shu said, and picked a piece of braised pork belly for Wang Yi.
The braised pork belly Lin Shu made was not greasy at all and tasted very authentic.
Lin Shu, compared to before when she almost blew up the kitchen, was simply a different person.
One can only say that a straight-A student is a straight-A student; they learn everything quickly.
Wang Yi said while eating,
"Not hard work at all, stayed up for five nights, earned 2.3 billion, it's worth it!"
Lin Shu was silent: "..."
"Earning 2.3 billion in five nights is quite worth it!""
"This is too worth it!"
"Wait a minute, how long did it take my dad to earn 2.3 billion?"
"No, that's not right, does my family even have this much money?"
"I'll ask Dad later!"
Lin Shu mumbled, looking very cute.
Wang Yi couldn't help but laugh, walked to the bedroom after dinner, and lay down to sleep.
Lin Shu, however, called her mom:
"Mom, are you and Dad doing well?"
"Very good, Xiao Shu, nothing's wrong. You're doing well too, right?"
"Mmm, all very good."
Zheng Rou smiled kindly,
"How have you and Wang Yi been recently?"
Hearing this, Lin Jianye, who was eating, perked up his ears.
So curious!
"Very well, he works very hard, his career is growing bigger and bigger, truly impressive!"
Lin Shu praised incessantly.
"I know, I know, the news reports it daily, everyone knows our Qingyun County produced a Chairman Wang of Meiyou!"
Zheng Rou said with a smile.
Lin Shu was all smiles:
"He recently stayed up for five nights and earned 2.3 billion!"
"What? Earned 2.3 billion in five nights?"
Zheng Rou was startled.
"Cough, cough, cough!"
Lin Jianye, who was listening attentively on the other side, choked directly.
Earned 2.3 billion in five nights?
This is f***ing robbery!
I haven't earned 2.3 billion in my entire life!
Even with the family properties given by both sets of parents, it's not this much!
Not at all.
"Amazing, truly amazing. So amazing!"
Zheng Rou's words became incoherent, she really didn't know what to say.
She thought Wang Yi was very capable, very awesome.
But she never expected him to be this awesome!
2.3 billion in five nights, that's crazy!
"By the way, Dad, how long did it take you to earn 2.3 billion?"
Lin Shu said with a smile.
Lin Jianye's old face flushed red: "..."
"This little padded jacket is leaking, leaking like crazy!"
"Heh heh, don't tease your dad anymore, even if our family sold all our houses, we wouldn't have 2.3 billion!"
Zheng Rou sighed.
"Oh. So that's how it is, Xiao Yi is still amazing, Dad, you need to work harder!"
Lin Shu said calmly.
Lin Jianye: "..."
"This little padded jacket is beyond redemption!"
After the call ended, Lin Jianye's expression was complex:
"This little padded jacket is really leaking! Not even married yet, and already turning her elbow outwards!"
Zheng Rou burst out laughing,
"Serves you right, who told you to speak ill of Wang Yi before and object to them being together. Now look what happened? Xiao Shu is standing up for Wang Yi to let you know how amazing Wang Yi is!"
"Alas!"
Lin Jianye's expression was extremely complex:
"Isn't this too amazing?"
"Money that three generations of us couldn't earn, he earned in five nights, truly amazing!"
"Alas!"
Zheng Rou also sighed:
"Times have changed, Wang Yi is no ordinary person."
Lin Jianye, however, frowned slightly:
"I'm just worried, with Wang Yi being so amazing, will he abandon Xiao Shu after he's done with her?"
"Probably not, right? I don't think Wang Yi is that kind of person!"
...
After waking up, Wang Yi went to the company and headed straight for the mobile phone department.
"It's already November, how are the prototype tests going? There are no hardware issues, right?"
Wang Yi asked, anyway, he had used it for several days and found no hardware issues.
Zhu Changlin shook his head,
"Several departments are testing it, and there are indeed no problems."
Wang Yi nodded with satisfaction,
"Okay, then notify the factory to produce engineering prototypes! First produce 500 units, then test for half a month. If there are no problems, start mass production and stocking. It will be launched next month!"
"Yes!"
(End of chapter)