Haier also needed foreign exchange to introduce advanced refrigerator technology. Wujiang Group invested 30 million US dollars, which was exciting and caused cheers throughout the factory.

"Wujiang Group only holds 45% of the shares. The factory is still run by the government and the workers. As long as we buy advanced refrigerator technology from abroad, we can take the lead over other companies in the domestic market with our quality and technological advantages!"

"If we could export them overseas, our Haier refrigerator factory could also earn foreign exchange!"

"..."

The Qingdao government was very satisfied at the time and naturally agreed to Wujiang Group's acquisition of Laoshan Water Factory, while also looking forward to the development and expansion of Laoshan Water Factory.

In fact, during the negotiations, Wujiang Group repeatedly emphasized that it had close relationships with many large distributors, department stores, and supermarkets overseas, as these companies were currently selling Wujiang Group's products and making considerable profits. If Wujiang Group wanted to promote its Chinese soft drink brand abroad, it would be incredibly easy.

Soft drinks can also generate foreign exchange!

This is naturally one of the reasons that impressed the local government.

Soon after, Wujiang Group spent 110 million RMB to acquire Laoshan Soda Factory in its entirety.

Laoshan Soda Factory is best known for two products: Laoshan mineral water and Laoshan cola.

According to a report by the French Geological and Water Research Center, the centers of the world's three major groundwater systems are the French Alps, the North Caucasus region of Russia, and the Laoshan region of Qingdao, China.

Laoshan mineral water is clear and sweet, highly praised by people both at home and abroad, and is known as "nectar of the gods." It is the first choice for state banquets and entertaining foreign guests, and its superior quality surpasses that of many world-renowned mineral waters. As a poem once testified: "Preventing illness and strengthening the body is like becoming an immortal, with green pines and Mount Tai accompanying one through the years. I know that even the elixir of immortality from the sea cannot compare to the first spring of Laoshan."

Laoshan mineral water is so amazing, it has the potential to be "China's No. 1 water", it would be a shame if it didn't focus on high-end products.

When that time comes, Wujiang Group will be able to create another "Nongfu Spring", and at least in the water industry sector, it will be able to become number one.

Laoshan Cola is made from authentic Laoshan mineral water, with the addition of more than ten kinds of Chinese herbal medicines such as jujube, angelica, cardamom, galangal, and cloves, as well as abundant CO2 gas. It is refined using a unique formula and is China's first carbonated beverage. Unlike Coca-Cola and Pepsi, whose sweetness mainly comes from sucrose, Laoshan Cola's sweetness comes from medicinal herbs such as jujube, angelica, and cardamom. The initial aroma is of herbs, and upon swallowing, the refreshing taste of the herbs fills the throat, leaving a pleasant aftertaste, as if a celestial aura has risen to the top of one's head.

Coca-Cola and Pepsi are said to "kill sperm," but Laoshan Cola is different. It is actually a medicinal drink made from a traditional Chinese medicine formula. It is said that boiling ginger shreds in Laoshan Cola is a folk remedy for treating colds.

Laoshan brand is awesome.

Wujiang Group owns Tianfu Cola and Laoshan Cola. It not only wants to drive Coca-Cola and Pepsi out of the Chinese market, but also wants to actively enter the global market and make Chinese cola famous all over the world!

...

At that moment, Zhao Ye received a phone call from a high-ranking leader.

"Xiao Zhao, there's an old Chinese saying, 'The moon wanes when it's full, and water overflows when it's full.' Wujiang Group has already acquired five major soft drink factories in China. We need to know when to stop!"

Uh, I got a warning!

Upon hearing this, Zhao Ye replied, "Okay, boss, I understand. I will halt the acquisition."

"Okay, that's good. The country actually supports you and Wujiang Group a lot; otherwise, they wouldn't have allowed you to acquire five soda factories."

"Yes, I understand. I am very grateful for the country's support. Wujiang Group will continue to develop good products and do its part for the country!"

...

Soon, the dialogue ended, and Zhao Ye immediately notified the three negotiation teams that had gone to the Tianjin Shanhaiguan Soft Drink Factory, the Shenyang Bawangsi Soft Drink Factory, and the Wuhan No. 2 Beverage Factory to conclude their negotiations and return to the company.

Although the astonishing feat of acquiring eight major domestic soft drink factories was not accomplished, acquiring five is still a very good achievement.

Since then, Wujiang Group has become the largest soft drink company in China, occupying more than 38% of the domestic soft drink market share.

...

At this moment, Coca-Cola and Pepsi panicked.

Wujiang Group's acquisition of the Chinese soft drink factory was so fast that it caught them off guard.

Coca-Cola's China office has no decision-making power and reports matters to headquarters. Headquarters is heavily bureaucratic and has not yet come up with a plan, yet Wujiang Group has already acquired five soft drink factories.

At that moment, Coca-Cola CEO Donald Keough was furious.

"Wujiang Group has acquired five major soft drink factories in China. Why is it taking so long to reach me with such important news?!"

"Is dealing with the original eight major Chinese soft drink factories the same as dealing with Wujiang Group?"

"From the moment Wujiang Group acquired China's five major soft drink factories, it was destined that Coca-Cola would never be able to re-enter the Chinese market!!!"

After Donald Keough finished speaking, he couldn't help but sigh.

Only those who have a deep understanding of Wujiang Group know how terrifying it is.

Former gaming giant, Paradise, has been utterly defeated by Wujiang Group. Third-party game developers on the "FC Game Console" platform have flocked to the "Qiongqi Game Console" platform, and players have also abandoned the "FC Game Console" platform.

Moreover, Wujiang Group's R&D capabilities are simply phenomenal, incredibly fast, and every product they develop is highly popular with consumers. Since its inception, Wujiang Group has never experienced failure.

This chapter is not finished yet. Please click on the next page to continue reading the exciting content!