v2 Chapter 509: I want to monopolize the lithium battery industry (2/2)
”So what should we do?” the middle-aged man asked bitterly.
”Issuance of additional shares, withdrawal of funds, and sales at lower prices. We must completely monopolize the entire lithium battery industry in the shortest time!” Xu Weimin said coldly: ”You must know that China has a population of 1.4 billion, of which more than 80% are Working class, a battery of two to three thousand dollars, they can't afford it.”
Yes, people's purchasing power is determined by their own financial ability.
The average monthly salary of an ordinary salary multiplier is about 3-6 thousand. Let them spend half a month or even a month's salary to buy a battery. Anyone will be cautious.
But lithium batteries are different, tens or hundreds, anyone can afford.
Its market is much broader than graphene batteries.
If it can smoothly monopolize the lithium battery market, it may not be able to compete with Jiang Tianhua.
Xu Weimin is determined to fight a price war with Jiang Tianhua, and even does not hesitate to issue additional shares and give up a certain percentage of profits!
”...” Although they wanted to refute, they couldn't find any refutation.
Xu Weimin made the most correct decision.
Persevering in the situation, Xu Weimin raised the corners of his mouth and said blankly: ”Now show your hands to vote. If you agree, please raise your hands.”
Swish, except for Li Minghua, almost everyone raised their right hand.
Although the issuance of additional shares will harm their interests in the short term, in the long run, the gains far outweigh the losses.
Moreover, in the face of the wave of graphene, they have no choice at all.
”Well, since everyone agrees, we will hold a press conference tomorrow to announce it!”
After speaking, Xu Weimin turned and left the meeting room without looking back.