Reborn since 1993

Chapter 376 Gambling
Seeing Gu Ming's expression, Huang Xinhai also understood. The first thing Torch Group did after establishing the Lighter Import and Export Association was to respond to Europe's anti-dumping investigation on domestic lighters. This was a huge shock to the entire lighter industry.

Huang Xinhai didn’t know what the reactions of other lighter companies were at this moment, but he estimated that they were not much different from Gu Ming’s.

You should know that before, many domestic industries have faced anti-dumping investigations in America, old Europe and other places, and more industries and companies will face this trouble in the future.

Not only the lighter industry, but also many other industries such as flooring, ceramics, steel plates, glass, photovoltaics, etc. will face such lawsuits in the future, or even be targeted.

In fact, it is because the old European and American companies can no longer afford to play this game. Just like the lighter industry, a number of lighter manufacturers such as Zippo, Konami, and Bic have been defeated and have no choice but to use extreme tactics and lobby Capitol Hill to suppress domestic lighter manufacturers.

But before, many domestic industries and sectors, even if they were targeted, did not dare to respond, not to mention counter-suing. This time, Torch Group almost set a precedent. For the first time, it dared to draw the sword against the industries in America and old Europe. You can imagine how great the shock it caused!

In fact, the outside media has been in a complete uproar. If we say that the media coverage of Torch Group that appeared on the News Broadcast yesterday was just average.

When Torch Group announced that it would respond to Europe's anti-dumping investigation on domestic lighters, public opinion exploded!

Major domestic newspapers and magazines such as the Commercial Times, Economic Daily, Entrepreneur Daily, China Youth Daily, Yangcheng Evening News, and Southern Weekend all reported the incident as soon as possible.

The rest of the media had a bigger debate on this matter. Some were excited about it. If Torch Group could lead the Lighter Import and Export Association to win the lawsuit, it would set an example for other industries and companies overseas that were subject to anti-dumping investigations, so that they would be able to cope with these attacks in the future.

But, what is the trend now? Foreign companies, foreign culture, foreign films, etc. are wreaking havoc in the country.

After Torch Group issued these statements, some people immediately jumped out to pour cold water on it, saying that Torch Group was just seeking fame and reputation, and that doing these things was completely useless and that it was impossible for them to win this lawsuit...

"I think Torch Group is too impatient. The current rules of the global lighter industry were established by American and old European companies over decades. How could they be replaced by Torch Group, which was established not long ago?"

On an economic program on Shanghai TV, the guest who was invited into the studio sighed and said that it seemed that Torch Group had been completely defeated.

"Professor Huang believes that Torch Group has no chance of winning this lawsuit?"

Upon seeing this, the TV host asked Huang Gaoqun, who was teaching foreign trade economics at a university.

Huang Gaoqun sighed repeatedly, "So far, I have served as a foreign trade consultant for hundreds of companies, guiding their foreign trade export business, and cooperating with overseas companies.

Currently, the rules of overseas industries are basically set by foreign companies. I think domestic companies should still abide by these rules. Only by abiding by these rules can domestic companies develop overseas and get orders! "

"What Torch Group should do is to reach a settlement and compensation with the Old European Lighter Manufacturers Association, which sued the domestic lighter industry, as soon as possible, and strive for the other party's understanding, so as to avoid being completely driven out of the Old European market!"

Huang Gaoqun’s meaning was very clear: there was no way to win the lawsuit, and there had never been such a precedent in the country before.

Only if Torch Group and the domestic lighter industry bow their heads, admit defeat, apologize, and accept the conditions proposed by the Old European Lighter Manufacturers Association can they survive.

After hearing Huang Gaoqun's remarks, Gu Dayang, a law professor from a university who was also invited as a guest and sitting opposite Huang Gaoqun, couldn't help but ask Huang Gaoqun.

"Then I would like to ask Professor Huang, if we cede ten cities today and five cities tomorrow, what if all the cities are ceded and the other party still refuses to give up?"

Gu Dayang was invited to the show today to explain the legal issues that might arise in the lawsuit between Torch Group and the Old European Lighter Manufacturers Association. But unexpectedly, as soon as he sat down, he heard Huang Gaoqun's remarks that Torch Group should kneel down, and Gu Dayang finally couldn't help himself.

Huang Gaoqun raised his eyebrows when he heard what Gu Dayang said. He couldn't help but frowned and said, "Professor Gu, right? How many foreign companies have you dealt with, and how many lawsuits have you fought in overseas courts? Do you know how much money it costs to fight a lawsuit? If you lose, how much foreign exchange will be lost, and how many people will lose their jobs?!"

Gu Dayang said in a deep voice, "I haven't dealt with too many overseas companies, but I think that the Lighter Import and Export Association needs to file this lawsuit!"

"If we don't fight this lawsuit now, we will have to fight it later, and the losses may be even greater in the future. Torch Group has set an example for other domestic industries to go overseas. Regardless of whether it wins or loses, it has important significance for domestic companies overseas. If you don't pay the tuition now, you may have to pay more in the future, or even lose the opportunity to go to school!"

"Moreover, this time, Torch Group may not have no chance of winning!"

Hearing what Gu Dayang said, the host's eyes immediately lit up. What she wanted was the program effect. The tit-for-tat between Gu Dayang and Huang Gaoqun just now had already raised the ratings.

"What do you think Torch Group's chances of success are, Professor Gu?"

Huang Gaoqun shook his head and looked at Gu Dayang, thinking that Gu Dayang was just trying to gain fame. "I also want to hear Professor Gu's opinion!"

Gu Dayang took out the materials he had prepared in advance and said, "Due to time constraints, I am not fully prepared, but I already have some ideas!"

“Anti-dumping is not something to be feared. To a certain extent, it represents that the technical strength and product quality of some of our industries and companies are comparable to those of overseas industries, or even surpass them!
In order to continue to maintain its advantage in the local area, the other company has to use some special competitive means, such as high tariffs, fines, sales bans, etc., to maintain its local sales and advantages!

Anti-dumping is a private prosecution case. The one who sued domestic lighters is the old European Lighter Manufacturers Association headed by lighter companies such as Bic and Dupont!

As long as Torch Group responds to the lawsuit, it will have a certain chance of winning. This lawsuit may last for a long time. As long as Torch Group does not infringe on BAK's patents and can prove that Torch Group's disposable lighters are completely different from BAK's refillable lighters, Torch Group will have a chance of winning the lawsuit!"

Huang Gaoqun snorted when he heard what Gu Dayang said, "Is it that easy to sue an overseas company? Professor Gu, are you willing to fight this lawsuit for Torch Group?"

This is almost a general. Gu Dayang just said that if he doesn't dare to help Torch Group to fight the lawsuit, then what he said just now was all empty talk.

Gu Dayang gritted his teeth and said, "If Torch Group needs it, I am willing to join Torch Group's anti-dumping legal team!"

Huang Gaoqun applauded upon hearing this, "I look forward to hearing that Professor Gu will return triumphantly one day. If Professor Gu really wins this lawsuit, I will personally donate 500,000 yuan to Professor Gu to commend his contribution to the domestic and foreign trade industry!
I also need to personally apologize to Professor Gu. I don’t know him well enough, but if we don’t win the lawsuit, it shouldn’t be difficult for Professor Gu to come back and admit his mistakes in front of everyone, right? !”

Huang Gaoqun didn't think that Gu Dayang could win this lawsuit at all, and he didn't even have the slightest chance of winning. He dared to put forward these conditions because he thought he would definitely win.

"There's no need to donate to me. Just give the money to the law students of our university. Regardless of whether I win or lose the lawsuit, I will come here again!" Gu Dayang also agreed, but compared to the smiling Huang Gaoqun, his expression looked very solemn.

……

Torch Group is very busy at the moment. The gate is full of cars waiting to transport goods. Production lines are constantly increasing and personnel are continuously being recruited in order to increase production capacity.

In addition, the Lighter Import and Export Association has just been established, and the entire Torch Group is very busy at the moment.

(End of this chapter)