After paced back and forth in the office for a while, Zong Daming gritted his teeth and asked the secretary to gather all the company's executives into the conference room.

Regarding price reduction, a meeting must be held to discuss.

If it really spreads across the country, Wahaha must come up with countermeasures.

It’s not that Zong Daming made a fuss, but Chen Jianghai’s reputation is too high.

Chen Jianghai is a shareholder of Jiamei.

Even if this matter is Chen Shuyao's personal behavior, once Chen Jianghai knows it later, he will definitely support it.

Thinking about the energy of Qiuhai Group, Zong Daming couldn't help but feel trembling.

When fighting a price war, in the end, it is about capital gains.

Compare who has a stronger family background?

Although Wahaha now has Danone’s support behind her back, she still dares not challenge Qiuhai Group.

In the next few days, the prices of drinking water market in Hangzhou began to decline.

The first thing to start the price reduction was Jiamei, which reduced each product by 20 cents.

Jiamei has only been reduced for a day, and Wahaha has followed closely, and directly reduced Sanmao with a tough stubbornness.

After all, Hangzhou is Wahaha's headquarters, so you can't lose momentum.

When consumers see this market situation, they are naturally happy to see it.

No matter what the merchant is doing or what plans they have, they will be very happy as long as they can get discounts.

At this point, consumers think it's almost done.

After all, according to this price reduction, the remaining profit for the two companies is not much.

Early the next morning, Jiamei started to lower its price again.

This time, it dropped by two cents, which is one cent lower than Wahaha.

At the current price of Jiamei, it basically means that there is no profit left.

Costs, transportation fees, dealer agency fees, etc. are basically the same as the current price.

When Wahaha saw this situation, she did not dare to rush to reduce the price, but reported it to Zong Daming.

Wahaha’s profit now is only about two to three cents.

If it drops to the same as Jiamei, there will be no profit to make.

According to Zong Daming's idea, it was to reduce another two cents and directly fight the beauty of the family to the end.

Wahaha may not make money, but Jiamei must lose money.

Zong Daming's decision was not passed at the shareholders' meeting.

Most people think that the current price of Wahaha is enough to be reduced to the same as Jiamei.

Jiamei is not profitable, and Wahaha is at least profitable.

If this continues, Jiamei will definitely not be able to hold on.

Although this reason makes sense, Zong Daming always feels that this matter must be cut by a quick knife, otherwise the longer it drags on, the more variables it will be.

The reason why I have such an idea is ultimately because of Chen Jianghai's existence.

He still doesn't know if there is really a shadow of Chen Jianghai here.

It’s a pity that when facing the shareholders’ attitude, Zong Daming, as the head, also looked helpless.

It is true that Wahaha is an enterprise established by Zong Daming.

However, after several years of development, the shares in his hands have been slowly divided.

On the issue of price, he has lost his absolute right to speak.

Now, although he was unwilling to accept it, Zong Daming could only reduce the price by one cent according to the decision of the shareholders' meeting, and the price was the same as that of Jiamei.

After such a price cut, drinking water products in Hangzhou market are nearly 50 cents cheaper than the whole country.

After the initial snap-up, sales of both companies stabilized.

It is impossible for ordinary people to buy so much drinking water at once, and it is not a famine era.

Regarding this situation, Chen Shuyao called Chen Jianghai as soon as possible.

The drinking water market in Hangzhou can be said to have been upended by Jiamei and Wahaha.

Other brands in Hangzhou can be said to be unable to survive.

Seeing this situation, they also knew that Jiamei and Wahaha were about to fight.

Those who do this business in Hangzhou can only think of themselves as unlucky and quickly clear the goods in their hands at a low price.

If the two companies fight, they will lose more.

Chen Shuyao knew that this was just the beginning, and if Chen Jianghai decided to deal with Wahaha, she would not give up halfway, so she was not in a hurry at all.

The one that should be anxious now should be Zong Daming, who is his opponent.

After knowing that Wahaha stopped reducing prices, Chen Jianghai couldn't help but smile.

Zong Daming finally chose to compromise.

At the current price, Wahaha actually has little profit.

Chen Jianghai believed that as long as Jiamei lowered the price again, Zong Daming and the others would be anxious.

Zong Daming dared not continue to lower the price, because Chen Jianghai could guess how much it was.

The most important one is probably the shareholders.

The shareholder composition of Jiamei and Wang Zhiyang is very simple. On one side are Chen Jianghai and Chen Shuyao, and on the other side are Chen Jianghai and Xu Dong.

Chen Shuyao and Xu Dong have absolute trust in Chen Jianghai.

No matter what decision Chen Jianghai makes, they will both give the maximum support without any doubt.

The reason why they do this is very simple.

Without Chen Jianghai, there would be no Jiamei and Wang Zhiyang today, nor would Chen Shuyao and Xu Dong today.

So just because of this, the trust between the two of them in Chen Jianghai is not something that ordinary people can compare with.

As soon as Chen Jianghai said that the price was reduced, Chen Shuyao and Xu Dong would directly reduce it without saying a word.

In contrast, Zong Daming made a lot of shipwreck in his decision to reduce prices than Chen Jiang.

This can be seen from Wahaha's reaction speed.

I think Wahaha's shareholders will not agree to Zong Daming to take this kind of loss-making method to deal with Jiamei for their own interests.

If this were the first time Wahaha was in the beginning, Zong Daming, who had absolute right to speak, could of course wave his hand and do whatever he said.

With Wahaha developing to this day, shares are no longer Zong Daming alone.

What major decisions Zong Daming must go through the shareholders' meeting.

Once the price drops so much, it is definitely unacceptable for these shareholders.

The more you drop, the less money they can get.

Perhaps in the eyes of these shareholders, the previous price cuts were completely unnecessary.

Jiamei’s products are only priced in Hangzhou. Even if they do not decrease, they will only lose sales in a city, and will not have much impact on overall profits.

Wahaha's size is now larger than Jiamei and Wang Zhiyang combined.

If Jiamei and Wang Zhiyang want to seize the market, they must invest enough funds.

These shareholders naturally believe that Wahaha’s market is quite stable now.

The reason why the other party chose to take action in Hangzhou was actually because he wanted Wahaha to lose his footing.

They even felt that Zong Daming had overreacted.
Chapter completed!