Shenhao started as a military training anchor

In China's supermarket industry, among the domestic supermarket giants, the only one that can bring competitive pressure to Walmart is probably Yonghui.

In the last fiscal year, Walmart’s revenue in China was over 1200 billion yuan, and Yonghui’s was close to billion yuan. This year, the revenue is expected to exceed billion yuan.

The fact that Yonghui’s chairman Zhang Xuansong appeared at Holly’s dinner party speaks volumes.

Holly is going to recruit new followers and join Walmart.

Wumart's CEO Zhang Wen Zhong also appeared at the dinner tonight. Wumart Group's revenue in the last fiscal year was only more than 60 billion yuan, which is still a long way from the first-ranked Walmart and the second-ranked Yonghui.

However, when Wumart Group acquired the German brand Metro, it was Holly who provided funding and helped complete the acquisition.

Holly is now a major shareholder of Wumart Group.

Metro's market positioning is the same as that of Sam's Club under the Walmart Group. Both are warehouse-style membership supermarkets.

Liu Qiangdong basically guessed what Holly was up to.

The plan is to use Yonghui to compete with Walmart's mass consumer market, and to use Wumart's Metro to compete with Walmart's Sam's Club.

All-out war with Walmart China.

Liu Qiangdong had to admire Holly's methods. While he was still trying to trouble Walmart on supply chain and logistics, Holly had already invited Walmart's most troublesome competitor to his dinner table.

Big Brother plays the game of capital and resource integration.

Let his younger brothers cause trouble for the opponent, while he sits back and watches what happens.

Zhang Xuansong and Zhang Wen Zhong are also very famous among the wealthy entrepreneurs in Beijing. Liu Qiangdong naturally knew them and they exchanged a few words.

"Mr. Huo, I'm sorry, I'm late."

There was a hurried voice at the door.

Several people looked at the same direction.

This person is Yu Donglai, the owner of Pang Donglai Supermarket, which is known as the "ceiling of domestic supermarkets".

Holly invited him over today too!
Liu Qiangdong has already sensed that the card Holly is about to play is a trump card.

Holly stood up and greeted him, "Thank you for asking Mr. Yu to make this special trip."

Holly asked everyone to sit down.

The waiter poured the wine and Holly got straight to the point.

“The Walton family has always regarded me as a rival. They used to work in secret with the Jewish consortium to play tricks, but I didn’t take it seriously.

The first person to jump out of this financial war and try to reap the country's high-quality assets was Jim Walton.

Knowing that I spent a lot of money to rescue the market, they still blatantly come to cause trouble, which is a direct declaration of war against me. "

Holly raised his glass, and several others followed suit.

One went together.

Holly continued: “I am a major shareholder of JD.com and Wumart, and Everest Technology also has cooperation with Yonghui Supermarket.

JD.com, Wumart, and Yonghui, you three are thorns in Walmart's side.

In this sense, we are allies in the same boat.

The only difference is that your opponent is Wal-Mart, and my opponent is the Walton family behind it."

Yu Donglai sat beside him and listened to Holly in a daze.

How could I be worthy of sitting at this table?
All I have in my eyes is my own little piece of land, and I just need to cultivate it well.

How do we bring him into international competition now?
Moreover, it is a fight between big conglomerates and big families.

Yu Donglai's forehead was slightly sweaty. He should find a suitable reason to turn down today's dinner.

But since it was Holly's personal invitation, it was difficult for him to refuse.

Now I feel a bit like sitting on pins and needles.

Holly noticed Yu Donglai's expression, smiled and said to him, "Mr. Yu is an entrepreneur I respect very much.

I happen to be in the same business as the two Mr. Zhangs. I wonder if Yonghui and Wumart supermarkets can achieve the level of Pang Donglai supermarkets, or even only half of the level of Pang Donglai, can Walmart still maintain its position as the number one supermarket today? "

Zhang Xuansong of Yonghui said: “I had a profound exchange with Mr. Yu.

We have already started upgrading and renovating our store in Zhengzhou, and we would like to thank Mr. Yu and the Pangdonglai team for their support.”

"You're welcome, Mr. Zhang." Yu Donglai clinked glasses with him.

Holly smiled and shook his head, “Store renovations are not enough.

What you need to do is a comprehensive reform of the management system and service system."

Zhang Xuansong and Zhang Wenzhong looked at Holly.

After a moment of silence, Holly said, "Everest Technology Group can empower you and help you complete the intelligent upgrade.

From warehousing and logistics to stores, we rely on technology and artificial intelligence to upgrade comprehensively, improve operational efficiency, and enhance food safety supervision capabilities...

JD.com is also willing to carry out comprehensive cooperation with you and assist you in supply chain and logistics.

But these are not enough.

The management system and service system are the soul of the retail industry.

This is why I asked Mr. Yu to come here."

"Thank you, Mr. Huo, for your trust," said Yu Donglai.

Zhang Xuansong and Zhang Wenzhong looked at each other and fell into thought.

Zhang Wen Zhong will definitely do what Holly thinks.

Wumart Group's stock price has fallen sharply and it needs a major surgery.

Holly is a major shareholder of Wumart and a member of the board of directors, and has the power to make proposals.

Zhang Xuansong was in a dilemma. Not to mention how much cash he would have to invest, this move would also affect the interests of many senior executives.

Leading to internal instability.

Unless he cuts the Gordian knot and shows no mercy.

On the other hand, the reason why Yonghui is piloting exchanges and cooperation with Pang Donglai in Zhengzhou is indeed to build a better service system, improve competitiveness and gain a larger market.

He just said that Holly's request made him feel a little anxious.

It’s hard to say whether this step is stable or not.

"Mr. Zhang, based on my analysis of the methods of the US family consortium, Walmart will build an independent and complete logistics supply chain before the Spring Festival. Do you think there is much time left for you?" Holly said.

Zhang Xuansong felt a shock on his back.

He really doesn't understand the methods of the big American and Western financial groups.

Now is the best chance to turn the tables.

Seeing that he didn’t express his opinion, Holly smiled and spread his hands, “It seems that I am the only one left.

In fact, I have long been dissatisfied with the current situation of the domestic supermarket retail industry.

And they are very dissatisfied.”

Zhang Xuansong and Zhang Wenzhong were shocked after hearing this.

This is the worst news.

No matter how powerful Walmart is, sometimes they may not adapt to the local environment, but they can still deal with it.

If Holly gets killed, he will be the local boss.

With his ability and financial resources, he was able to integrate resources in a very short period of time and expand supermarket stores across the country.

The two Mr. Zhangs still prefer that Holly give them advice and suggestions as a shareholder rather than become their direct competitor.

Liu Qiangdong took over Huo Li's words and said: "If Mr. Huo has such an idea, JD Logistics is willing to carry out in-depth cooperation with Mr. Huo."

Good guy.

The strongest support on the supply chain side also expressed its position.

They are not allowed to live at all.

Zhang Xuansong raised his glass to Huo Li: "Mr. Huo, after listening to your analysis, I was enlightened.

There are indeed not many opportunities left for Yonghui.

Thank you Mr. Huo for your respect. "

Huo Li looked at Zhang Wen Zhong, and Zhang Wen Zhong raised his glass, "I will listen to Mr. Huo."

Holly smiled and nodded, then raised his glass and clinked glasses with them.

Finally, he toasted Yu Donglai alone with a glass of wine, "Mr. Yu, you are the one who has worked the hardest."

"If it were anyone else, I would definitely refuse, but Mr. Huo is an entrepreneur I admire very much. I hope I can help you," Yu Donglai said modestly.

Judging from the interests involved at tonight's dinner, Yu Donglai gained the least. He simply collected some normal management fees, and then served as the supply chain for Yonghui and Wumart and sold some self-operated products.

Holly mentioned cooperating with Pang Donglai, but Yu Donglai refused. He didn't want to do anything too big and wanted to focus on his own little piece of land.

He was willing to come forward to help purely out of sentiment. Holly did a lot of things that he wanted to do but couldn't do, such as serving the country and the people.

(End of this chapter)