Chapter 570 [Integration of resources between Hutchison and Baiyou]

  Vitasoy was established as a joint-stock company in 1940. When the company's major shareholder Luo Guixiang raised capital several times in the early years to expand its share capital, he continued to inject capital to obtain controlling equity. His family members and relatives in Meixian District, Meizhou City, have invested in the company;

  So, Vitasoy is a company with a strong family color!

Since Vitasoy always advertised its healthy image when it was launched, in 1970 it was recruited with the slogan "Vitasoy is so simple to stop soda" (Vitasoy is more than just soda), and achieved good results. ；

People may wonder why Vitasoy is called soda without steam. This is because in the 1940s to the early 1980s, the knowledge level of the people was generally not high. Hong Kong citizens referred to all soft drinks collectively. Soda.

  Because of this, many schools with stricter school regulations also make an exception to allow Vitasoy to be sold at the school commissary, while real soft drinks are not allowed to be sold.

  The Luo family is like a big enemy!

  Luo Guixiang’s face was very complicated at this time, and he said to the family members who started: "A company that has been established for less than three years has actually made up a company that has been established for more than 30 years. It is really a fake!"

  Luo Guixiang’s so-called “fox fake tiger prestige” doesn’t make sense at all. Although Vitasoy has been established for more than 30 years, it is not as large as Master Kong, who has been established for three years;

  At this moment, Vitasoy only has a single product of soy milk, and its business is limited to Hong Kong;

  In the past life, it wasn't until 1976 that Vitasoy launched a series of juice drinks under the "Vita" brand, and then launched lemon tea and chrysanthemum tea in 1979;

  So, Vitasoy has not grown up yet!

  Although Master Kong has only been established for three years, Red Bull and instant noodles have achieved outstanding results overseas!

  Red Bull and instant noodles are products of a worldwide scale, not comparable to Vitasoy.

Luo Guixiang’s eldest son, Luo Youli, said: “Father, how should we respond to them? Master Kong is now in full swing. If the acquisition fails, it will definitely enter the soy milk industry immediately; at that time, we will have one more powerful enemy! The important thing is that the Baiyou Group Will you use your own retail channels to suppress us!"

  The members of the Luo family in the room suddenly felt a tight heart!

  Yes, the retail of Baiyou Group, or the retail of the Wu family, accounted for more than 80% of the entire Hong Kong;

  Although Vitasoy’s main partners are small and medium-sized restaurants, many of them are sold in convenience stores and supermarkets.

Although Luo Guixiang also feels a headache, he still said: “It cannot be sold. Once sold, our Luo Jiake will become rootless water. The important thing is that I intend to let Vitasoy expand its business and enter other beverage industries; in the future, Vitasoy will definitely grow into a big brand beverage group."

  In fact, the Luo family still has another industry, which is more promising. It is the famous Hong Kong Chinese fast food in the past-Café de Coral;

  Cafe Lo is founded by Luo Guixiang’s eighth brother, Luo Tengxiang, and Luo Guixiang’s son, Luo Kaimu, in 1969.

  Luo’s family has Chinese fast food-Café de Coral, and Baiyou Group also has a fast food brand, which is the franchise authorized McDonald’s foreign fast food;

  So, the competition between the two companies has already begun!

Luo Guixiang’s second son, Luo Youyi, said: “Father is right. You can’t sell it for any amount of money! Moreover, if Baiyou Group suppresses us, we will publish the newspaper and say that Baiyou Group has a monopoly; at that time, that person will definitely not want to watch. That's it!"

  Luo Youyi believes that Wu Guangyao is a big businessman who pays attention to face and personality, and he never wants to see that kind of scene;

   Therefore, the Luo family should not be afraid of the malicious competition of Baiyou Group.

  Luo Guixiang nodded, deeply convinced, and immediately made a decision.

  The working group jointly organized by the family office and Master Kong responded to the matter to Wu Guangyao;

   Wu Guangyao was not surprised, and immediately stopped the acquisition team and stopped contacting the remaining shareholders of Vitasoy;

  Because Wu Guangyao knew that the Luo family owned absolute equity in Vitasoy Co., Ltd.;

  The equity in the hands of the rest of the shareholders is not enough to shake the position of Luo family;

  So, no need to waste time and energy!

  Moreover, hostile takeover will not harm your reputation!

  Wu Guangyao does not have a good opinion of Vitasoy. It is mainly from a past life, so it is rare to have a murderous look;

  Actually, it cannot be said that Wu Guangyao is "no virtue", he wants to intervene in any industry;

  Everyone can do business, and each has his own ability!

  Wu Guangyao has many ‘monopoly’ industries, but his opponents were not strong at that time. Who is the blame!

  As long as it is not illegal competition, it should be classified as a business activity.

  Master Kong wants to enter the beverage industry, then Vitasoy, a beverage giant with an annual output value of 7 billion Hong Kong dollars and a market value of 40 billion Hong Kong dollars, must be positive.

  Make up his mind, Wu Guangyao called Zhang Tianming and said in a long story:

  "Since the acquisition fails, we have to do it ourselves!

  The new soy milk brand is called "VV Soy Milk"!

  You remember, there are two packages of soy milk:

  One type is soda glass bottles, which can use recycled glass bottles, making a big fuss; to give those restaurant owners some sweetness, how much do we deduct for recycling a glass bottle (1 HKD equals 10 hao).

  The other is paper packaging. This requires fresh-keeping technology. You should clean the door and introduce it to Sweden; it can be stored for several months through ultra-high temperature disinfection.

  Also, I originally wanted Master Kong to enter the juice beverage field after a while;

  Now, I don’t want to wait anymore. I will ask President Fu Hongru to allocate a lot of funds to you and help you recruit a lot of professionals.

  Finally, the quality of the product is the key. Once someone complains, the company will send someone to investigate;

  If there is a problem with one bottle, one batch can be recycled;

  If there is a problem with two bottles and three bottles, the products produced in the entire plant can be recycled;

  And, find the reason in time!

  If you can’t find it by yourself, just hire an external expert to find out. Be sure to make it clear!

  Food safety is our lifeline! "

  Zhang Tianming listened and took notes while holding a pen. Every item the boss said was an imperial edict;

  At the very least, it is not something that a new executive can challenge!

  The establishment of brands such as soy milk, fruit juice, and mineral water cannot be completed overnight;

  Soy milk and juice are expected to be launched within half a year to one year;

  The mineral water brand, on the contrary, is the most time-consuming. It is estimated that it will take one to two years before it will be launched.

  So, after laying out the overall strategy of Master Kong, Wu Guangyao is ready to integrate the overlapping businesses of Hutchison and Baiyou Group.

  On this day, Wu Guangyao convened the three giants of Hutchison-Wei Li, Xia Boyin, and Peter Wei, and four executives of Baiyou Group-group president Fu Hongru, clothing industry president Jia Lisheng, retail industry president Mark, and Master Kong president Zhang Tianming.

  Everyone had a preliminary discussion in the conference room of Baiyou Group.

  Wu Guangyao said first: "I invite you both to come here to discuss the issue of exchanging overlapping businesses!"

  As soon as the voice fell, it can be seen that the faces of the two horses are different, the faces of the three giants of Hutchison are worried, but the faces of the four giants of Baiyou Group are happy.

  Perhaps, in their hearts, Baiyou Group is Wu Guangyao’s biological son, and Hutchison is just an adopted son!

  In fact, Wu Guangyao really didn't have this idea, and Hutchison Holdings also occupies a large position in his heart.

  Of course, time will tell!

  I will lead Hutchison to become a giant company, which will bring huge benefits to the shareholders of Hutchison!

Mark, who is also a ghost, said unceremoniously: "Hutchison’s Wellcome Supermarket, I think it should be sold to our Baiyou Group. After all, Wellcome Supermarket has only been established for four years and accounts for less than 15% of the supermarket market in Hong Kong. ; After the merger of the two supermarkets, it will be more conducive to management, reduce costs, and improve efficiency!"

The Big Three of Hutchison Firm felt that they had been stabbed fiercely. Although the Wellcome Supermarket only occupied more than ten percent of the market, the supermarket had the word "super" after all. So, this is a small business. ?

  Unreasonable refusal will obviously annoy the initiator of this meeting and his own boss, so the Hutchison Big Three has no intention of arguing in the supermarket.

Wei Li quickly countered: "The public pharmacies under the Baiyou Group should be included in the Watsons Group. Everyone knows that Watsons has entered this field for hundreds of years. In the fields of daily chemicals, health care, nursing, and beauty, The one and only king in Hong Kong."

  Welly said that it is very reasonable. Watsons owns a large number of own products at this time, which is jealous of any businessman in Hong Kong:

  For example, distilled water. From the beginning of this century to the 21st century in the future, Watsons distilled water will dominate the world in Hong Kong;

  There are also various self-owned products such as shampoo and shower gel, which account for 15% of the total sales.

"Yes, when you both negotiate and handle this transaction, you should make up the difference! The citizen pharmacy should be retained and included in Watsons management; after all, Watsons is not a pharmacy, and the main direction is to focus on daily chemical, nursing, health care, beauty and other fields. "Wu Guangyao directly settled.

  Citizen’s Pharmacy performed well, but it was still much worse than Jardine’s Wanning Pharmacy;

  Even other chain pharmacies on Hong Kong Island, compared with large public pharmacies, there are many of the same scale.

  However, the civic pharmacy also has its own characteristics, that is, the nursing and health care products of Wu Guangyao's TCM group, which are mainly sold in the civic pharmacy;

  At the same time, there are also famous Chinese medicine doctors in the civic pharmacy!

  The three giants of Hutchison were happy, saying in their hearts, we are also sons!

  With this confrontation, the two sides seem to have begun to converge;

  The key is that you come and go, you must not think about taking advantage, you can only think about it from reality!

  And the two sides did not mention distilled water, soda, juice and other topics. Zhang Tianming knew that the boss intends to keep these products of Watsons, and the Hutchison Big Three did not know that Master Kong intends to enter these industries.

  Next, both parties made some small transactions;

  Then, the style of painting changed and it became that the two sides were communicating. There are places where everyone can cooperate!

  Wu Guangyao nodded in his heart, and finally did not live up to his good intentions!

  For a long time, Watsons under Hutchison Holdings is Wu Guangyao's more valued asset. Wu Guangyao has never thought of suppressing Watsons at all;

  Instead, Wu Guangyao intends to put forward a series of opinions in the follow-up, so that Watsons can shorten the time and achieve the achievements of the previous life.

  The merger of the two supermarkets, Wu Guangyao had no idea at first, but finally changed his mind;

  The supermarket is a thing, you can continue to operate it with a new sign, no trouble at all.

  The establishment of the Citizen Pharmacy was originally planned by Wu Guangyao to compete with Watsons and Wanning Pharmacy;

  The two businesses have some overlaps, and this time they happened to be merged into one.

  In short, this conference has achieved great results. In addition to the exchange of some industries, more importantly, the two parties can cooperate with confidence in the future!

  (End of this chapter)