Reborn since 1993

Chapter 860: Prejudice in People's Hearts is a Mountain

It is hard to say whether investing in Sanzhu Chinese Medicine will result in a loss or not. Wu Siwei has invested a lot of effort in Sanzhu Chinese Medicine.

All in all, the funds invested in Sanzhu Chinese Medicine have exceeded more than 1 billion RMB. More than 20 medicinal material companies and several pharmaceutical factories have been acquired, and the business has been set up.

Investing in Sanzhu Chinese Medicine now is basically picking up a bargain. If you start from scratch and want to achieve the current scale of Sanzhu Chinese Medicine, it would be impossible without more than one billion RMB.

All kinds of thoughts emerged in Wu Siwei's mind. He knew that if he followed Li Dongling's request, his traditional Chinese medicine company might remain "unknown" for a long time.

It would probably be difficult to regroup and reach the popularity of Sanzhu health products again in a short period of time.

But at this time, if he walked out of the gate of Yuhe Leisure Resort directly, it would be hard to say what the future would be like, but the traditional Chinese medicine company that he had spent a lot of effort to build might completely collapse.

After a long time, just when Li Dongling couldn't help but look at the watch on his wrist, Wu Siwei finally spoke.

"I can agree to these conditions, but I also hope that Mr. Li can keep his word!" Wu Siwei said to Li Dongling.

Li Dongling nodded and said, "As long as the three Chinese medicines complete the rectification, the Zhixing Foundation can take the lead and invest 40 million yuan in the Chinese medicine company in exchange for % of the equity!"

Since the Zhixing Foundation wants to invest, it must obtain controlling rights. This is also to ensure that the Chinese medicine company can proceed in accordance with Li Dongling’s requirements in the future.

The Zhixing Foundation, together with Hanxi Guotou and Shangzhong Chengtou, has definitely taken away 60% to 70% or even more of the shares of the traditional Chinese medicine company.

If Wu Siwei causes trouble in the future, we will join forces with Hanxi State Investment and Shangzhong Municipal Government to replace him.

The efficacy of the three health products can be questioned, but the ability of the Wu father and son is unquestionable. There are more than thousands of health products in China, but there is only one company that can sell nearly 10 billion yuan a year.

With Wu Siwei's ability, he has absolutely nothing to worry about when it comes to promoting products, grabbing markets, dealing with competition with rival companies, etc. He just needs to be more restrained and do fewer outrageous things.

Wu Siwei also knew that once he gave up his controlling stake, he would be controlled by the Zhixing Foundation in the future, but at this critical juncture, he had no choice at all.

Before rushing to the airport in Hanxi provincial capital, Li Dongling called Wu Yaoguo, general manager of Hanxi State Investment, and Liang Bohua, head of Shangzhong Municipal Government, respectively, and proposed a joint investment in a traditional Chinese medicine company.

Hanxi State Investment and Shangzhong Municipal Government will definitely not reject Li Dongling's proposal. After all, everyone in Hanxi knows that there is meat to be gained by following Dongling Hi-Tech!

As for some people saying that those companies that took over the industries sold off by Dongling Hi-Tech, such as Nippon Benzoku Bandai and others, were all taken advantage of by Dongling Hi-Tech, Mr. Li Dashan firmly disagrees with this statement.

Mr. Li stated that rumors stop at the wise. Let me ask, when Dongling Hi-Tech sold its electronic pet machines, PHS mobile phones, and the stargazing video recorders that it is about to sell, were they making huge profits in US dollars when these projects were sold?

It is impossible that these projects made money in the hands of Dongling Hi-Tech, but lost money in the hands of others, and they still blamed Dongling Hi-Tech. It can only be said that they read the instructions wrong. People's failures cannot be blamed on the uneven roads. How can they blame Dongling Hi-Tech for their failures?
If in the future, there really is public opinion about who will take over Dongling Hi-Tech's industry and who will be the one being ripped off, then Mr. Li can only sigh that the prejudice in people's hearts is like a mountain, so be careful of the warning letter from Dongling Hi-Tech's lawyer!
……

The scale of this trip to Quancheng was not small, so a business jet was chartered. In addition to Li Dongling and Yao Luoying, Dongling Hi-Tech also sent a sizable team. Hu Zixian and Chen Tao also went with them. After all, this was a project nominally worth 1 billion RMB, which sounded intimidating enough!
As the plane soared into the sky, Li Dongling couldn't help but think of his private jet that was still in America. After the team sent there was trained, the private jet should be flown back.

By then, Pingyang Cargo Airport will probably have opened routes, and Li Dongling will no longer need to rush to the provincial capital of Hanxi to catch flights every time. He can take a private plane directly from Pingyang.

"Mr. Li!"

On the plane, a man in his 37s or 38s sitting next to Hu Zixian and Chen Tao turned around and said to Li Dongling with a little restraint, "Manager Wei, you're welcome. From now on, the Dongling Hi-Tech Automobile Department will rely on Manager Wei!"

Li Dongling said to Wei Taining that the other party was the newly recruited head of the automobile department of Dongling Hi-Tech, and the electric bicycle project was an industry under the automobile department, so he would naturally go with him this time.

Wei Taining has a very impressive resume. He comes from a family of car enthusiasts and his ancestors were among the earliest practitioners in the domestic automobile industry. After graduating from Yanshan University, he was sent to study in Germany, where he obtained a doctorate in automotive dynamics. He also joined Volkswagen in Germany and participated in the research and development of several models.

After returning to China, Wei Taining joined Shanghai Volkswagen as a manager. Auto industry figures like Wei Taining, who are both technically savvy and have management skills, are also top figures in the current domestic auto industry.

If nothing unexpected happens, Wei Taining will be able to become the chief designer or senior executive of Shanghai Volkswagen after many years when he has enough experience.

However, Wei Taining did not choose to wait for seniority. Instead, he accepted the olive branch from Dongling Hi-Tech and jumped to the still blank automotive department of Dongling Hi-Tech.

In fact, Wei Taining was also taking a big gamble, betting that the automobile department of Dongling Hi-Tech would explode like Dongling Hi-Tech's other products. Then he would become a founder of the domestic automobile industry and would no longer need to work hard to gain experience in his original automobile company.

"Manager Wei, you don't need to worry about the funding. What you need to do in the early stages is to help Dongling Hi-Tech set up its automotive department, recruit engineers, and build a design and R&D team!"

"I believe that Manager Wei is an expert in the automotive industry and will definitely be able to develop a model for Dongling Hi-Tech's automotive department that will lead the trend of domestically produced cars!"

Li Dongling encouraged Wei Taining, and he was a little surprised to hear these words. What Li Dongling meant was to delegate power to Wei Taining and let him form a team to develop products according to his own ideas.

For a domestic automobile practitioner, this is something that is almost unthinkable. When Wei Taining was in his previous department, if he wanted to launch a project, it had to go through layers of review. By the time it was finally approved, the funding was greatly reduced. By the time the entire project was completed, it was already out of date.

But now, Dongling Hi-Tech has delegated power to Wei Taining, provided him with sufficient funding, and refrained from interfering with him, allowing him to form a team and develop cars according to his own ideas. Which domestic automobile manufacturer can provide such treatment?
Looking at Wei Taining with an excited expression, Chen Tao, the general manager of Dongling High-Tech Department, who is also known as a leading figure in the domestic technology industry, couldn't help but look at Wei Taining with "sympathy".

By the way, is it true that Li Dongling agreed to Wei Taining’s conditions?
Of course, he was fair and honest, and the support he gave him even exceeded Wei Taining's imagination. However, Chen Tao knew how demanding Li Dongling was about the products he developed!
Chen Tao has experienced Li Dongling's "tyrant" mode in products. Large products such as cars also affect the safety of users and even the entire family. Chen Tao knows that Li Dongling's requirements for cars are estimated to be several times higher!
When Wei Taining developed the car, he could understand what Chen Tao felt back then. Of course, although Li Dongling was a "tyrant" in terms of technology and product requirements.

But Chen Tao had to admit that Li Dongling's vision was almost unique. Sometimes he would even make the blueprints, and the technical department only needed to develop according to the blueprints, which was like preparing a meal and then just feeding it to their mouths!

Moreover, all the products recognized by Li Dongling have never failed over the years, and almost all of them have been sold out after they were launched. Only within Dongling Hi-Tech's technical department knows who is the real person at the helm of Dongling Hi-Tech's products.

When the product sells well, as the chief engineer of the product, it also means success and fame. Therefore, for technical people in Dongling Hi-Tech, there is definitely pressure, but the opportunities to excel are much greater than in other companies.

After being glared at by Li Dongling, Chen Tao immediately retracted his expression, began to look at his nose and his heart, and dared not look at Wei Taining again.

……

After the shocking acquisition of Xiaolingtong by Nippon Telephone and Telegraph Company, after the hype, it seemed that nothing had changed, but it also seemed like it had changed.

After Nakamura Suio returned to Japan, he was treated almost like a "hero returning in triumph" by Japan. The Japanese media boasted that this was a deal that changed the destiny of Japan, and Nakamura Suio was also touted as the man who used technology to lead Japan out of the trough!
After Nippon Telephone and Telegraph took over Xiaolingtong, Nakamura Weifu's first order was to reduce prices and promote sales!
Globally, the price of PHS has dropped by more than 10%. Then Nippon Telephone and Telegraph Company announced the launch of the PHS contract phone, which basically means giving away a phone for free when you top up your phone bill.

After this, the sales of Xiaolingtong mobile phones began to surge, and the sales volume doubled on the same day. The contract phones also helped Nippon Telephone and Telegraph Company increase the number of new users by more than 70,000 in a single day!
This was quite explosive in the entire telecommunications industry. The entire PHS industry, under the leadership of Nippon Telephone and Telegraph Company, became very popular. Nippon Telephone and Telegraph Company also became the leader of the global PHS industry, and its stock price began to soar!
The sales of PHS mobile phones have soared. Nippon Telephone and Telegraph Company has been continuously promoting PHS telecommunications around the world to compete with GSM for the market. This flourishing scene has slowly put the worries of domestic PHS mobile phone manufacturers at ease.

After all, the PHS mobile phone is still in full swing and there is no sign of decline. Even some mobile phone manufacturers and technology peers are secretly ridiculing Dongling Hi-Tech for making a bad move, losing the watermelon to pick up sesame seeds, not considering the big picture but the small details!
(End of this chapter)