Rebirth: Return to 1991 to be the richest man

Chapter 1746 It is normal for the east to be dark and the west to be bright

At the end of April [-], the price war between Jiamei and Wahaha finally came to an end.

The winner was naturally Jiamei, and Wahaha gave up the price war directly.

After more than a year of price war, Wahaha is now extremely weak and almost on the verge of collapse.

If it weren't for Danone's support, it would probably have collapsed by now.

When Danon saw this situation, he would naturally not let Zong Daming go crazy anymore.

You know, both Danone and Yan Hecheng have invested in Wahaha once.

When the three companies joined forces, none of them defeated Jiamei. This shows how strong Qiuhai's financial strength is.

After this price war, Jiamei has finally gained a firm foothold by taking over the children's oral liquid market.

As long as it continues to develop steadily, Wahaha will definitely be defeated by Jiamei.

At the same time, in the drinking water market, Jiamei is now the well-deserved number one in the industry.

To say that the ones who are feeling the most uncomfortable right now are naturally Zong Daming and Yan Hecheng.

Let’s talk about Yan Hecheng first. All the funds he invested in Wahaha were exhausted.

The money he invested received no return.

When Yan Hecheng learned the news, he was furious.

In response, Yan Hecheng called Zong Daming directly to ask what was going on.

Zong Daming refused to buy diesel and wanted Yan Hecheng to continue to invest more.

Naturally, Yan Hecheng would not agree with this.

At the same time, Yan Hecheng also wanted Zong Daming to return all the funds he had invested before.

Zong Daming naturally ignored Yan Hecheng's request.

There is no reason to take back the money spent.

Zong Daming's attitude could be said to be so angry that Yan He was so angry.

The only thing that makes Yan Hecheng happy is that the sales of PHS are getting better and better.

In the current mobile phone market, it can be said that PHS and Pioneer each occupy half of the market.

Those with money will naturally be the first to choose the mobile phone they choose.

But for most people, PHS is their best choice.

The main reason is that PHS is cheap and many people can afford it.

Aside from poor signal and the lack of some Forerunner features, there aren't many downsides.

In any case, PHS is a wireless phone, which is better than a landline phone.

With attractive prices, PHS has grabbed a lot of market share from the forerunners.

What puzzled Yan Hecheng and the others was that the forerunners didn't follow them in lowering their prices.

When PHS was first launched, Yan Hecheng believed that the pioneers would definitely follow PHS in lowering prices.

If the pioneer does not lower its price, it means that its market will be completely taken away by PHS.

The fact was that Yan Hecheng was slapped hard, and this incident did not happen.

The pioneer market has indeed been taken away by PHS.

But to say that all of them are taken away is still a bit far.

The main opponents of the pioneers are still those foreign-funded mobile phones.

This year, Pioneer can be said to be very popular.

Many foreign-funded mobile phone brands have been succeeded by pioneers.

However, this situation will soon change.

Naturally, foreign investors will not sit back and give up such a large market in China to the pioneers and PHS.

This year's mobile phone market is bound to usher in a wave of huge changes.

No one knows what the market will look like by then.

Talking back to PHS, its positioning in the market has been determined at this time.

Cordless phones, mobile landlines, these are the titles of PHS.After market testing, consumers all know that Pioneer and PHS are not on the same level at all.

The competition between the two of them can be said to be over.

People who want to buy Pioneer will never consider PHS.

Those who cannot afford the pioneer will set their sights on PHS.

Despite this, PHS's current sales data are still impressive.

Seeing this data, Yan Hecheng was also very happy.

If this sales figure can be maintained, then he can also get a large dividend.

Thinking of this, Yan Hecheng could accept Wahaha's failure.

After all, when doing business, no one can guarantee a guaranteed profit.

It is normal for the east to be dark and the west to be bright.

Otherwise, those big families would not invest in various industries and would not put their eggs in one basket.

Yan Hecheng, as a descendant of an aristocratic family, understands this very well.

The failure at Wahaha was exchanged for the success at PHS. Yan Hecheng felt that this exchange was very worthwhile.

Yan Hecheng found this result acceptable, but Zong Daming couldn't accept it at all.

Regarding Wahaha, Zong Daming can be said to have always treated it like a child.

Now in this price war, he has lost so completely.

Zong Daming, who failed, was really heartbroken.

In other words, Zong Daming did not think that he had failed.

If it weren't for Danone's lack of cooperation, Wahaha would definitely be able to continue to compete with Jiamei.

I really can’t tell who will win when the time comes.

However, Zong Daming could only dream about this matter.

Without financial support, Zong Daming would not be Jiamei's opponent.

Since Wahaha announced its surrender, Zong Daming has not been to the company.

Such a huge blow was unacceptable to a proud person like Zong Daming.

Zong Daming could only watch Wahaha helplessly as it slowly declined.

Regarding this point, Zong Daming made it very clear at Wahaha’s shareholders’ meeting.

People at the shareholders' meeting believed that Zong Daming was completely alarmist.

Regarding this matter, Zong Daming was also exhausted mentally and physically.

Many people disagree with his judgment on Huahaha's future.

Shareholders believe that although Wahaha has admitted defeat, the market is still there.

As long as we stabilize the current situation and survive this period, there will be no problem with Wahaha's future.

Zong Daming knew very well that if the opponent was just an ordinary enterprise, this method would indeed be feasible.

The opponent now is Jiamei, with Qiu Hai and Chen Jianghai standing behind him.

An opponent like Chen Jianghai will definitely not give Wahaha any chance to breathe.

While you are sick it kills you.

Chen Jianghai has never been soft-hearted in his business methods.

Now that Wahaha has taken the initiative to admit defeat, this is a once-in-a-lifetime opportunity for Jiamei.

As long as we seize the opportunity, it is not impossible for Wahaha to be eliminated from the market.

Even if Wahaha can withstand this round of offensive, its future development potential will definitely not be comparable to Qiuhai.

This is what makes Zong Daming most desperate.

He knew that Chen Jianghai would definitely make a powerful move and would not give Wahaha any chance.

What is helpless is that Zong Daming is really at his wits end and has no choice.

(End of this chapter)