Chapter 130 Killing it while it is sick
Zhou Wenyan on the side hissed. He has recently been supplementing his professional knowledge in the lighter industry, and in the lighter industry, Zippo cannot be avoided. The company, just like the luxury goods industry, cannot avoid Chanel and Hermès. Some people even regard this brand as a luxury product for men.
Ordinary lighters only sell for a few dollars, and high-end lighters sell for tens or hundreds of dollars. However, Zippo's old model from decades ago can be auctioned for a sky-high price of $250,000.
There are even people who specialize in the business of collecting and repairing it. They claim that collecting it will never depreciate. This already shows that this brand has gone beyond the scope of lighters. It has the reputation of luxury goods and collectibles. It has even become one of the symbols of men, which is why it sells at a high price.
Now I suddenly heard that Li Dongling wanted to challenge this brand that Eisenhower praised and appeared in countless Hollywood movies. How could Zhou Wenyan not be surprised.
When Wu Yaoguo heard this, he also looked strange. He now understood why Li Dongling was different from the bosses of other companies. If he entered an industry and dared to challenge the company that dominated the industry, this would be disturbing to other people. It's too high to overestimate one's abilities, but when it comes to Li Dongling, coupled with Dongling Hi-tech's past achievements, it makes people's blood boil and their hearts surging!
Seeing the expressions on the faces of Wu Yaoguo and Zhou Wenyan, Li Dongling said, "Sooner or later, Torch Group will enter the high-end lighter industry, and Zippo will definitely be Torch's opponent. We should respect our opponents, not fear them. Once you are afraid of an opponent, you will never be able to surpass it. "
Just like two opponents in the boxing world, you can give each other the greatest respect and go all out to fight with each other, but if you do it from the bottom of your heart! If you are afraid of the opponent and want to dodge, or if the opponent shows mercy, then you will definitely have to lie down and be carried off the ring!
“The current structure of the global lighter industry has not been completely stabilized. Brands such as Revok, Dolby, Lycra, and Hansen have not monopolized the entire high-end lighter brand. Torch Group still has the last chance!< br>
If this opportunity is lost, there will be hundreds of domestic knife companies, which cannot compare with one company that produces Swiss Army knives. The profits of thousands of lighter companies may not be comparable to the revenue of one Zippo brand! "Li Dongling! Said to Wu Yaoguo.
As long as Torch Group can develop low-cost disposable lighters, it will be enough to have an impact on the global lighter industry, and brands such as Zippo will also be affected.
Take advantage of its illness, kill it, and beat the old master to death with random punches. As long as it can seize the opportunity, Torch Group has the opportunity to kill Zippo and other brands during their transformation period. !
This is mainly said to Wu Yaoguo. According to the equity within the Torch Group, Dongling High-Tech holds 40%, the former Component Factory, which is the Pingyang City Government, holds 30%, and Hanxi SDIC holds 30% of the shares.
The Binh Duong City Government is definitely on the side of Li Donglin. The only person who may vote against the board of directors of Torch Group is Hanxi State Investment, especially when it comes to income distribution, product planning, etc. In the early stage, Hanxi Guotou cannot get much dividends, but has to continue to invest money in it.
Of course, Tanglin Hi-tech and the Pingyang City Government can force the vote on the Torch Board of Directors, but Hanxi State Investment, the largest investment group in Hanxi Province, also represents the Hanxi Provincial Government. If it is not necessary, Li Dongling also didn't want to fall out with Wu Yaoguo, as the gain would outweigh the loss.
Recognizing the meaning of Li Dongling's words, Wu Yaoguo burst into laughter, "Mr. Li, how many years have I made you? I dare to call you brother Li. Although I, Wu Yaoguo, dare not say how capable I am, I still have some vision." Yes, I can assure you that as long as Tanglin Hi-Tech is still the major shareholder of Torch Group, as long as it is the plan and development direction that Mr. Li makes for Torch Group, I, Lao Wu, will fully support it without any hesitation.”
Wu Yaoguo's words were very clear. As long as it was a decision made by Li Dongling, he would fully support it. He was not the kind of short-sighted person who would make trouble just for the immediate short-term interests.
If one day Torch really develops to the point where it can acquire Zippo and other brands as Li Dongling said, then Hanxi State Investment will probably make more money from this investment, and this investment will be a big success in the future. It is likely to become a classic investment case and achievement of Hanxi Guotou and Wu Yaoguo.
Even if it does not meet expectations and the Torch Group does not make that much money and is losing money, Wu Yaoguo is not worried that it will not be able to recover its capital.
What is the biggest capital of Hanxi State Investment? It is not how much money it holds in hand, nor how much money it can get from the bank, but that it represents the investment of Hanxi Province, and behind it is the Hanxi Province There are also close relationships between cities in the province. It can have connections and resources that other companies can't even imagine!
With these connections and resources, no matter what if the Torch Group loses money, Wu Yaoguo is still confident that he can reorganize the Torch Group's business, make its books look good, and attract a large amount of investment, and even be able to turn it into a business. Wu Yaoguo has too many ways to make Hanxi Guotou's investment return when it is packaged and listed on the market, so why rush? !
For Wu Yaoguo, if with this investment, he can get involved with Dongling Hi-Tech, a popular fried chicken that is emerging in the technology industry, or even become an investor in Dongling Hi-Tech, it would be better than investing in a torch company. The group will make more money!
“Thank you, Manager Wu, for your support!” Li Dongling extended his hand to Wu Yaoguo.
"Brother Li is so polite," Wu Yaoguo shook hands with Li Dongling and put his arms around him and said, "Our SDIC is to support potential companies and projects in Hanxi Province. These are all within our scope. In the future, Dongling Hi-tech and Hanxi Guotou should cooperate more!"
Listening to Wu Yaoguo's words, Li Dongling looked a little strange, Wu Yaoguo came to the door himself, then Li Dongling should be polite, It sounds a bit unpleasant. "Donngling High-Tech has several new projects. If Manager Wu is interested, he may be able to invest in them. However, these projects, like the Torch Group, can provide a large number of jobs and even foreign exchange, but the initial investment may be It’s very high and the risk is a bit high!”
Wu Yaoguo’s eyes lit up, what would SDIC be afraid of because of high investment risks and high risks? Isn’t that what SDIC does? Supporting the technology industry is better than speculating on land like SDIC in other provinces. !
"As long as it is a project of Dongling High-tech, Hanxi State Investment is interested. If you need it, just come to me!" Wu Yaoguo said, patting his chest.
Li Dongling nodded. Dongling Hi-tech's photolithography machines, semiconductors, and panel projects are all money-burning beasts. Li Dongling has always had a headache about money. Wu Yaoguo wants Hanxiguo to invest in it. Then Li Dongling couldn't be more welcoming.
Li Dongling did not lie to him about these projects. Whether they are photolithography machines, semiconductors or panels, as long as they can be developed, any one of them cannot provide tens of thousands of high-paying jobs. After investing in several projects, Wu Yaoguo is definitely the number one person in the Mainland China State Investment Corporation, and Hanxi State Investment Corporation will probably become a god!
Wu Yaoguo didn't know what projects Li Dongling was planning to let him invest in, so he took Li Dongling in his arms and walked outside, "From now on, Hanxi State Investment will be the strategic investor of Dongling Hi-Tech!"
The company is close to the establishment of Torch Group. The ribbon-cutting ceremony became more and more noisy. When Li Dongling and Wu Yaoguo appeared, they immediately attracted a lot of attention. A group of big shots from Yanjing and Hanxi Provincial City saw Li Dongling and two people gathered together. There was a thoughtful look on their faces.
Li Dongling and Wu Yaoguo first came to the leaders of various ministries and commissions in Yanjing and Hanxi Provincial City. When they saw Li Dongling, these people all smiled and exchanged a few words, and then took a group photo with them. The photographer on standby takes photos. In this situation, it is basically just to express your attitude, and it is impossible to talk about anything in depth.
After meeting various people here, Li Dongling felt that the smile on his face was a little stiff, and his eyes were a little sore from the flash of the camera, but these things must be done by Li Dongling. .
After that, Wu Yaoguo acted as an introducer and introduced to Li Dongling the heads of various units and state-owned enterprises in Hanxi who were present today. Most of these people came to support them today. In the future, Torch Group will also follow these units Dealing with the company.
"This is Mr. Wei from Hanxi Iron and Steel Group, and Manager Zhang from Hanxi Petrochemical Corporation..."
The noisy scene lasted until noon, when a red silk satin was finally pulled up. Li Dongling, Wu Yaoguo, Zhang Xiaocheng and others, together with a group of leaders from Yanjing and the provincial capital, stood in front of the red belt.
After a speech, then the salute and fireworks, amidst the noise, the silk and satin were cut, and the Torch Group was officially established!
It was not until evening that people from Yanjing and the provincial capital left the Pingyang Hotel one after another. Li Dongling, who was a little drunk, finally breathed a sigh of relief.
In contrast, Luo Junwu, who had also been busy all day, was very excited even though he was extremely tired. He asked all the secretaries and assistants to leave first. Luo Junwu looked excitedly at Li Dongling, Yao Zhengru, and Zhang Xiaocheng. Said, "The province has agreed to remove Shangguan Town and incorporate it into Pingyang City to become an economic development zone in Pingyang. The document will be issued next year!"
Li Dongling and Yao Zhengru looked at each other, and then said to Luo Junwu, "Congratulations to Luo City!"
Shangguan Town has been turned into Shangguan Economic Development Zone, and with the establishment of Torch Group, Li Dongling feels that Luo Junwu may be promoted. However, he just didn’t know who would become the next leader of Pingyang after he left. Li Dongling couldn’t help but look at Yao Zhengru.
Yao Zhengru also noticed Li Dongling's gaze, but shook his head slightly. Obviously, he was not sure.
......
Huang Xinhai drove all the way to Pingyang in the evening. He had no time to rest, so he drove directly to Shangguan Town.
It was already evening. Huang Xinhai came to a high slope, overlooking Shangguan Town below. The moment he stood on it, he couldn't help but open his mouth. At this moment, he suddenly felt that the small lighters in China besides torches The workshops are all finished.
(End of this chapter)