Li's stock continued to decline, and due to pressure from the Ling family, those who had cooperated with the Li family also stayed away.
Li Lianlun was at the company for several days in a row. He was so anxious that the corners of his mouth blistered. After rejecting every plan, there was still no solution to Li's current predicament.
Li's main jewelry is gemstones. Nowadays, if you can't get good quality jade, the upper limit for diamonds is also there. In terms of design, Li has not made many breakthroughs in recent years, and now all the shortcomings are exposed.
Originally, Li's also focused on some high-end luxury design products. As long as they heard that it was from this brand, many people still bought it and felt that wearing Li's jewelry products was very dignified. Regarding this, we already have a fixed audience.
As a result, after Li Lianlun took office, he didn't pay much attention to this aspect, and he fell behind a lot in this area.
Later, sales dropped, and he urgently disposed of some inventory, causing this series of products to rapidly depreciate in value.
For many people, it is no longer worth buying. No one wants to wear a discount product that is not made of a particularly precious material.
Because of this incident, the original owner even argued with Li Lianlun, feeling that he was too worthless. However, things happened so fast that it was too late to recover. The original owner was in poor health, so he went to the hospital out of anger and couldn't do much, so the matter was dropped.
But Li Lianlun didn't feel that he was at fault. Instead, he felt that this series of products had come to an end, and he felt that the old lady was reluctant to delegate power.
"Mr. Li, it's not an option to keep falling like this."
Facing the eyes of shareholders and senior executives, Li Lianlun was also very anxious: "This is the revenge of the Ling family. The old lady is a little stubborn and insists on driving Man Lin out. I have been persuading her for a long time, but she just doesn't care. Sure enough, Ling Don’t hold grudges very much.”
Shareholders and senior management looked at each other. After Li Lianlun took over Li's, Li's assets have been shrinking. Later, he got into the Ling family and got better.
Now because the Ling family is struggling, they are very dissatisfied.
Especially the shareholders, they actually don't care how Li Lianlun manages the Li family, as long as they can make money, they will pay more dividends.
"Mr. Li, why don't you ask about the Ling family's attitude? Doing nothing is not an option. In just a short time, our assets have shrunk by less than half."
Li Lianlun noticed the distrustful looks in the shareholders' eyes and nodded: "Okay, I'll ask again and talk to the old lady by the way."
After the meeting, several people shook their heads and walked out of the conference room, communicating in low voices.
"If the Ling family refuses to let it go, the stocks in our hands may be ruined. Let's take a look first. If it continues to fall, it is better to sell it."
At the same time, what these shareholders don't know is that Qianyan has arranged for people to collect scattered shares outside.
Li's Jewelry's stock continued to fall, and outsiders were less able to sit still than shareholders. Seeing that there was no intention of rebounding, they hurriedly sold.
Ling Yin was very satisfied with the result. This was the fate of a woman who bullied him.
"Linlin, don't be afraid, I've already helped you clean up the Li family."
Xu Manlin was moved. In fact, she didn't like Ling Yin very much. She felt that this person was a bit of a middle-class person, and sometimes some of his comments seemed retarded.
However, Ling Yin's status was unusual, and he was considered the most powerful peer in her circle. Even if he was a bit in the second grade, he was still a good candidate, so she was still a little distracted.
Fortunately, she didn't show any disdain for Ling Yin's second grade in the past, otherwise she would probably have a hard time now.