Spring Breeze Twenty Years

Chapter 1339 What an ambitious fellow!

"I feel that there is a lot of room for cooperation between us."

Director Xin gestured and emphasized his point. Koreans use a lot of body language when they speak; it can almost be considered part of their language.

"Our Nongshim Group is committed to the production and promotion of excellent food. We have established a dedicated research institute and are also involved in hotels, golf courses, noodles, kimchi, puffed foods, and agricultural planting."

Use the best, produce the best, and sell it all over the world.

Our cooperation is a win-win situation. It allows us to enter the Chinese market more smoothly, and you can access the world through our channels. Let's make money together.

He turned to his female subordinate and said something in Korean. The subordinate bowed first, then said with an apologetic expression, "Excuse me, Director Xin meant supermarket."

Director Xin lowered his head slightly: "Yes, Supermarket. Please forgive my ignorance, I was unaware of the existence of Fuyingmen before coming to China, so I would very much like to meet with you both. We can cooperate."

Xiao Wei asked, "How do we cooperate?"

Director Xin said, "Just as I said, we have successfully entered China. Fuyingmen already has a very good network. You can use our channels to enter the world. That's it."

Xiao Wei shook his head: "I still don't understand. Do you understand?" He turned to ask Chen Hui.

Chen Hui shook his head: "He didn't say anything, what would I understand?"

Director Xin gestured to his female subordinate, who then presented two documents to Xiao Wei and Chen Hui with both hands. Director Xin gestured for them to proceed: "This is our proposal."

We at Nongshim have already achieved success and are very popular in many countries around the world. These channels will be provided to you for a fee, offering assistance you can't even imagine.

Xiao Wei and Chen Hui opened the documents to look at them. Director Xin said, "I visited your, uh, super, market," and turned to look at his female subordinate to make sure he pronounced it correctly. The female subordinate nodded with an expression of admiration.

"Supermarkets. You haven't made good use of this resource, while we have a more mature business model and experience. We have products from all over the world, which can be more abundant."

Your positioning is also a failure. Success requires creating a sense of superiority for customers, differentiating them from others, and maximizing profits. Therefore, your pricing is too low. You can earn much more, believe me.

Xiao Wei glanced through the file, then turned to look at Chen Hui. Chen Hui pursed his lips and put the file back on the desktop.

Director Xin proposed two options: first, Nongshim Group would invest US$5 million, or RMB42.3 million, to acquire Fu Ying Men Company; second, Nongshim Group would invest US$3.1 million to become the major shareholder of Fu Ying Men and acquire 60% of its shares.

"So, what are your ideas for collaborating?" Director Xin asked, looking at Xiao Wei and Chen Hui.

Xiao Wei pushed the documents toward Director Xin: "I'm sorry, Director Xin, we believe Nongshim Group is a successful multinational corporation, but we do not wish to accept a merger or equity investment. We have no shortage of development funds. I'm sorry."

Director Xin looked incredulous: "Are the conditions not satisfactory to you?"

Xiao Wei shook his head: "It has nothing to do with these things, we don't have that plan."

Director Xin said, "This is your opportunity to enter the world market. Don't you need to seriously consider it? I suggest you discuss it carefully."

Xiao Wei shook his head again: "I'm sorry, Director Xin, we're not interested in the global market you mentioned. China is so big, we couldn't possibly cover the entire Chinese market, nor have we ever thought about doing so. The global market is best left to your company to manage."

Director Xin said, "China is still very backward, and the people are poor. It's not a good market. Foreign countries have money, and you can earn more. Have you never been abroad? I suggest you go out and see for yourselves."

Therefore, I invite you to visit our Republic of Korea, and all expenses will be on me. There's a saying in China, "broaden your horizons," and I must say, that's exactly what you need right now.

Chen Hui licked his lips: "May I ask, Director Xin, what percentage of your company's business does it have in your country? How many stores does it have?"

Director Shin said, "Our country has many great companies, and Nongshim Group is just one of them. We possess advanced technology and wealth that you cannot imagine. Our businesses are extremely developed, and our people are wealthy. You will be amazed when you visit."

Chen Hui said, "I'm quite shocked right now."

Xiao Wei chuckled and patted Chen Hui on the shoulder, saying, "Excuse me, Director Xin, thank you for your attention to our small company, but we really have no intention of increasing our capital or expanding our shareholding, much less selling the company. I think, let's leave it at that, okay?"

Director Xin said, "The Chinese are more stubborn than I imagined. Why are you refusing? We have offered you such generous conditions, giving you an opportunity to access advanced technologies and the world. Isn't that enough?"

Raising prices arbitrarily is not something a good businessman should do. Okay, I'll take another step back. You can merge your company into Nongshim Group and acquire five percent of Nongshim Group's shares. How about that? Are you satisfied with that?

You don't understand the outside world, and you don't know what kind of company Nongshim is. You will be glad you cooperated with them in the future. Our production base in Shanghai's Qingdao is already under construction, with an investment of up to 30 million US dollars.

And there are also companies in Japan and the United States investing in building factories. The world is vast, and wealth is plentiful. What do you say? Let's make a happy decision, and then we'll have time to enjoy a glass of authentic French champagne.

Director Xin glanced at the glamorous watch.

Nongshim Group was founded in 1965. In fact, it was split off from Lotte Group and was originally called Lotte Industry.

The founder of Nongshim is the second son of Lotte Group. Due to a disagreement with his older brother, he led Lotte Industries to become independent and start production, and gradually developed and grew into a South Korean chaebol on par with Lotte.

Xiao Wei exchanged a helpless glance with Chen Hui and scratched his head.

Director Xin laughed and said, "So your idea is to enter Nongshim? You're quite ambitious. Then let's open some champagne. This is something I went through a lot of trouble to get my hands on. Henri Pinot, you've probably never heard of it, it's a top winery in the Ay region of France."

Xiao Wei licked his lips and glanced at the radiant Director Xin, completely baffled as to why this guy was so confident.

(End of this chapter)