Chapter 98: The Popular Power Battery Factory

Seeing that the day was getting late, the group did not linger any longer and one after another bid farewell and left.

Su Xin's family returned inside the house.

Zhang Chunhua invited the two bodyguards to sit down for tea, while Su Zhengming took Su Xin for a quick tour around the house.

"This villa is indeed quite large! The renovation is also very nice," Su Xin nodded and praised.

Su Zhengming laughed: "Not only that, the family spent tens of thousands to install a fresh air system. It has been running for a month to continuously circulate the air and remove formaldehyde. Plus, the renovation materials used were the best eco-friendly ones, so the air in the house is excellent."

"Although it has been less than a month since the renovation finished, I tested the formaldehyde levels in the house, and it is already safe for normal living."

After the two finished their tour, they returned to the first-floor living room.

Su Zhengming took Wang Zhao with him to go out and continue distributing money to other villagers, while Su Xin went to the kitchen to help his mother prepare dinner.

……

Today, Su Jiazhai was incredibly lively.

The news of Su Zhengming going door-to-door to distribute money quickly spread throughout the village.

The entire village seemed to suddenly come alive from a state of deathly silence; many people came to Su Xin's house to offer warm greetings and express their gratitude.

Some families who had already received the money excitedly called their family members working far away to share the good news.

The entire Su Jiazhai was filled with joy.

Su Xin sent off wave after wave of villagers who came to thank him. Finally, finding that there were simply too many people and they were too enthusiastic, he simply invited everyone to sit down in the courtyard and chatted with the elders.

It was not until an hour later.

Su Zhengming finished distributing the money and returned to the house with Wang Zhao. Seeing that the family was preparing to eat, everyone gradually dispersed.

Su Xin let out a weary sigh.

Su Zhengming glanced at him and laughed: "More tiring than working, right?"

"Pretty much," Su Xin gave a wry smile.

"You caused such a big stir outside that you're bound to be the center of attention the moment you return, not to mention you gave everyone so much money. Naturally, everyone has to be polite with you."

"People will get used to it slowly."

Su Xin nodded.

Night falls especially early in the countryside, and after the few of them finished dinner, they went to bed early.

The next day, Su Xin, his father, and the two bodyguards headed to Baohe City.

After he had his secretary Feng Haifeng buy the high-speed rail tickets, he had already scheduled a meeting with the local leaders for today.

Given his current status and fame in the business world, the local leaders naturally attached great importance to him.

Of course, the most important thing was that Su Xin had deep pockets; any investment he made in his hometown could potentially drive the local economic development.

Baohe City was just an unremarkable fifth-tier city; it had no standout features in terms of geographical location, mineral resources, or anything else.

If Su Xin were willing to invest in his hometown, it would be of great benefit to the entire Baohe City.

After meeting with the leaders with his father, Su Xin proposed opening a large-scale comprehensive shopping mall similar to Pangdonglai in Baohe City, which received the latter's decisive agreement and support.

At the same time.

After the leader praised Su Xin for his achievements, he also expressed the hope that Su Xin could support the economic development of his hometown.

"No problem."

Su Xin also agreed decisively: "I was born in Baohe and grew up in Baohe. I have deep feelings for Baohe, so naturally, I hope Baohe can develop better and better."

"As it happens, the battery factory under Tianqi Energy is preparing for its next expansion plan. I will have someone come over to discuss the details with the leadership to set up a larger branch factory in Baohe."

"Good, good, good!"

The leader's eyes crinkled with laughter.

Nowadays, the power battery factory under Tianqi Energy was a popular enterprise nationwide, not only with high output value and high tax contributions but also by driving a large number of jobs.

Furthermore, with high business demand, it could also drive the development of related industries like logistics services.

And unlike traditional liquid lithium batteries, the production process of solid-state lithium batteries would not cause obvious pollution to the outside environment.

Being able to introduce a large-scale power battery factory was also a great political achievement for him.

After the two sides finished talking.

Su Xin made a call to Ding Kuiyong in front of the leader, spoke about opening a branch in Baohe, and had the two exchange contact information.

Afterward, Su Xin and his father bid farewell and left.

……

On the way home, Su Xin and his father discussed some specific issues regarding opening the mall.

"Building a mall from scratch requires site selection, demolition, construction, product selection, display, contacting suppliers, staff management, and so on. There are simply too many things to consider."

"I have already arranged for a headhunter to recruit people. Once we hire suitable management, I will have them come to prepare it with you. At that time, if you encounter any trouble, you can go directly to the leader; there shouldn't be any problems."

Su Zhengming nodded seriously:

"Don't worry, I know I don't understand anything right now. I'll let others take the lead, and I will mainly be responsible for supervision and learning."

Su Xin laughed: "Dad, don't worry. I will arrange for a professional financial officer to come over and be responsible for managing and supervising financial movements. This is a necessary procedure; I won't let anyone act arbitrarily."

Su Zhengming nodded.

After all, he was over forty years old and had been working outside for so many years; he knew the principle that one must guard against others, so naturally, he wouldn't completely trust a stranger who had just been hired.

At this moment.

Su Xin continued: "After I specifically looked into the business philosophy and some data of Pangdonglai yesterday, I realized another major difficulty in why their model is hard to replicate."

"That is the supply chain."

"Dad, you also know that the reason Pangdonglai is so popular, besides service and reputation, is that their goods are high-quality and inexpensive. After all, Pangdonglai is a mall, and people go there to buy things. If the goods aren't good, no one will like it no matter how good your service is."

"Therefore, the mall's product selection and supplier management are crucial."

"And the biggest difficulty in wanting to replicate Pangdonglai's philosophy is likely right here."

Su Zhengming listened with a serious expression.

Su Xin casually picked up a headrest in the car and said, "Let's take this headrest as an example."

"We could find the largest and most reputable factory in Baohe and ask them to custom-make a batch of the best headrests for us to serve as the source of goods for our shopping mall, selling them at a lower price."

"It seems like that would be enough."

"The quality is good, and the price isn't high."

"But in reality, after we operate for a period of time, other shopping malls or other large sales channels will discover that we are selling at prices far lower than theirs, and that we are using the business philosophy of Pang Dongdong to steal their business, causing their revenue to be greatly affected."

"Take Nanjiang Province for example; wherever Pang Dongdong is, other shopping malls have to give way. If we also open up following this philosophy, other shopping malls definitely won't have an easy time in the future."

"In such a situation, they will very likely join forces to squeeze us out."

"For instance, we are certainly not the only ones cooperating with this factory. When the time comes, the other shopping malls will come forward together and demand that this factory not supply us, or they will raise our supply price so that we can only maintain the same terminal retail price as them; otherwise, they will all find other suppliers."

"Dad, under these circumstances, do you think that factory would give in?"

Su Zhengming nodded thoughtfully:

"They would, they would definitely give in."

"Those shopping malls are also major clients of the factory. If they apply pressure together, the manufacturer will certainly choose to abandon their cooperation with us."