Don’t Turn from Summer - Chapter 88.1
It was dusk, yet the meeting room at the top floor of the Feng Chen Company was still brightly lit.
In that room, beneath the shimmering chandelier as bright and clean as the mirror placed beside the wooden table, were still a few people remaining in their seats. Moreover, they were all core executives of Feng Chen, as well as the top analyst team from the Investment Department – All of whom were gathered in that brightly lit room well past the working hours.
Over the past two months, the stock market had continued to rise, and Feng Chen had made a lot of money. Thus, during this kind of meeting, the investment managers always wore a healthy red glow on their faces.
Moreover, though Feng Chen’s real estate and clothing businesses had seen a slight decline under the impact of emerging e-commerce, it had remained stable as an industry leader on the whole.
Although the situation of the company was very good, it was precisely the reason Zhou Zhisu, Sun Zhi, and others insisted on holding many strategic analysis meetings. Of course, Lin Mochen was also present during these conferences.
Lin Mochen sat at the head of the table, facing the row of men in their suits. Resting his elbow on the arm of the chair, his head was bowed in contemplation.
“Director Lin, General Manager Zhou, we believe that there is still plenty of room for growth in the current stock market cycle.” One of the investment managers vehemently insisted. “Not only are the macroeconomics data good, but the national policies also support this. Moreover, the investors’ confidence in regard to the stocks is quite ample too. So, even if the foundation is unstable, these three macro aspects can still support the market in raising another 2000 points for us. In our opinion, we should continue to adopt an active investment strategy until the time that we need to consider an adjustment arrives.”
“I don’t think so.” The representative from the conservative side rebutted. “The decline of an economic entity does not start in just one or two days. It is an accumulation of small mistakes and bad decisions. The investors’ confidence and the market’s financial strength aren’t enough to sustain such a frantic boom in market price. Let’s look at the technical data—”
The conservatives’ representative immediately opened the slides they’d prepared in advance and offered various graph analyses based on the data gathered. Not to be outdone, the representatives of the liberal side also put forth the data derived from their own technical analyses.
Zhou Zhisu turned his head and looked at Lin Mochen. “Director Lin, what do you think?”
Everyone immediately fell silent, waiting with bated breath for the director’s opinion.
Lin Mochen languidly tapped his finger on the armrest for a moment before revealing a chilling smile. “There is indeed a potential for growth. However, there’s something odd about the volume of stock transactions and the big data on the large-cap shares. And right now, the current situation of the market is complicated and confusing. For now, you all need to carefully track these data. I want the report to be accurate, right down to the hours. With this, perhaps, the possibility of piecing together the hidden undercurrent will be higher. As for the investment strategy, I suggest it be adjusted to a more cautious one that allows room for pulling back as and when required.”
After the discussion over investment matters was done, the topic moved on to the company’s commercial enterprises.
At this time, Lin Mochen looked at Sun Zhi and asked, “How are your preparations for the project plan you reported last time?”
Sun Zhi straightened his back and responded, “The online part has begun to take shape, and you can see the framework of the new website next week. The offline resources are currently still being integrated. However, we have signed a confidentiality agreement with our business partners.”
Zhao Zhisu smiled and said, “Isn’t it because you, the chairman, have put forward higher requirements for them? Initially, the plan only intended to attempt to make 500 million plates this year, but now it’s been amped up to at least 3 billion in the same time period.”
Lin Mochen only smiled indifferently and replied, “It is e-commerce. It’s alright if you don’t do it, but if you’re going to enter this industry, then you certainly have to do something big and innovative before you can eat your share of the cake. I’m supporting this e-commerce venture of yours, not because I see that this piece of cake is getting bigger and bigger and I want a share of it – Isn’t the cake on our hands big enough already? – But because Feng Chen’s business model must keep up with the current internet era along with its characteristics. In addition, we must not forget to be vigilant in times of peace and must ensure that Feng Chen will continue to look for new points that allow for further economic growth.
The internet just provides us with a shortcut to serve our customers’ demands with our superior capability and integrates closer to our customers. However, the more the world relies on the internet, the more precise Feng Chen must be in its customer service as well as their demand for high-quality goods. Moreover, the business model must be innovative and unique. Instead of imitating our predecessor, we should go with a simple buying and selling platform and rely on the prices we offer to stake a claim on our territory. As the saying goes, in business, the second imitator may still have a way to live, but the third copycat is a fool.
Only in this way can we find a way forward in the increasingly rampant e-commerce market. And it’s a bloody path that no one else can copy either.”
By the time the meeting drew to an end and everyone dispersed, it was already early in the evening, and the streetlights were coming to life.
Lin Mochen returned to his room and proceeded to turn on the floor lamp in front of the window. He looked up but saw that her window was, as it always was, dark.