Chapter 898 Acquisition of Lowe Brand



Su Ming was shocked when he heard this: "Brother, what do you mean?"

Zhou Bin smiled and said, "I am not interested in their performance, I am only interested in their brand."

Su Ming was a little confused, so Zhou Bin explained his thoughts to him.

This time he came not to invest in their factory, but to buy their brand and channels, and he didn't want anything else.

With the brand and channels, his new cars can be sold through channels, and he can also make good use of this once-famous brand that has declined for marketing.

As for their technology and production lines, Zhou Bin was not interested at all, because those technologies were outdated and had no value.

After listening to Zhou Bin, Su Ming was a little worried: "Brother, I'm afraid they won't agree to your request, right?"

Zhou Bin smiled slightly: "Don't worry, they can't wait to get rid of this thing. If someone takes over, they will be so happy."

Su Ming asked curiously, "Brother, how do you know these things?"

Zhou Bin smiled and said, "I have inside information and I have already inquired about it."

Su Ming said with admiration: "Brother, you are still awesome!"

In fact, before Zhou Bin got up, he had already asked people from the Jingwu Association to inquire through various channels.

Later, they actually found a vice president of Hucheng Automobile, through whom Zhou Bin learned the true situation of the Lowe brand.

It is said that Hucheng Automobile spent 500 million yuan to acquire the brand, technology and production line of this car.

However, after acquiring this brand, not only did it fail to bring them the profits they had imagined, but it also resulted in years of losses.

It has lost more than ten billion yuan so far, and the losses are still increasing every year.

Because the brand itself is very old, and its technology and production lines are very backward, it has no competitiveness at all.

Their people also don’t understand marketing, so they gradually became a big burden.

It is said that they have always wanted to find someone to take over, but no one in the industry is willing to take on this hot potato.

So their people were very anxious, and later someone set their sights on the Hutai Group.

They think that Hutai Group is a company outside the industry and might get involved.

This is the real situation, so Zhou Bin has a clear idea in his mind.

The two returned to the Su family, rested for a day, and went directly to the Hucheng Automobile Factory the next day.

The person who received them was Zhang Wei, the person in charge of the Lowe brand and deputy director of the Hucheng Automobile Factory.

When Zhang Wei saw that General Manager Su had arrived, he was overjoyed.

He has been very anxious recently. If no one invests, it will be difficult for them, Lowe, to continue.

Su Ming introduced with a smile: "Mr. Zhang, this is my eldest brother, Mr. Zhou from Qinfeng Group."

When Zhang Wei heard this, he immediately came forward with a smile on his face: "Oh, it's Mr. Zhou, you are such a rare guest, please take a seat."

The three of them sat down in his office, and Zhou Bin said with a smile, "Mr. Zhang, I heard that you need investment now?"

Zhang Wei immediately said: "Yes, our Lowe brand is developing very well now and is thriving. In order to further develop it, we invite partners to build this brand together."

Zhou Bin smiled and said, "Oh? Is Lowe doing well now? Why do I rarely see this car?"

Zhang Wei's expression changed slightly, and he immediately explained: "That's because we are designing a new car recently, and we will launch a brand new model soon."

Su Ming didn't understand the situation, but seemed a little worried. The other person's business was developing well, and Brother Bin might have a hard time doing things!

Zhou Bin was not worried at all: "Oh? Really? Then we'll leave first. You guys are doing so well, there's no need for us to get involved."

Zhou Bin stood up and pretended to leave.

Zhang Wei became anxious all of a sudden. They saw that their life-saving straw had come. If they couldn't grab it, they would have another headache.

Su Ming didn't know Brother Bin's true intention, so he pretended to leave.

Zhang Wei was so anxious that he quickly asked the two to sit down: "Hey, two bosses, why are you so anxious? Let's discuss it carefully!"

Zhou Bin sat back on the sofa and said with a smile, "What do you want to discuss? Tell me."

Zhang Wei continued, "Mr. Zhou, Mr. Su, you know that our Loewe is a big British brand with a history of hundreds of years. Such a classic brand is naturally what everyone wants. We decided to vigorously explore its potential and create our new products. This requires the participation of powerful large companies like you, so that we can make a fortune together!"

Zhou Bin asked calmly: "How much investment do you need?"

Zhang Wei took one look and continued to deceive, "Based on the value of our brand, we need at least 500 million yuan in investment. What do you think, CEOs?"

Then he asked someone to bring information and give them a detailed introduction.

Zhou Bin chuckled: "Boss Zhang, is what you said true or false? I heard that Luo Wei has lost more than 10 billion and will soon collapse?"

As soon as Zhou Bin said this, Zhang Wei's face changed instantly. This was their secret, how did President Zhou know about it?

Zhang Wei hastily denied: "Who told you that? We are developing very well, we..."

Before he could finish his words, Zhou Bin interrupted him directly: "Really? Then it seems that we made a mistake. We will take our leave first."

Zhou Bin was about to leave again, and Su Ming on the side was stunned.

What is Brother Bin doing? He clearly came here to acquire other people's brand, but now he keeps asking to leave. Does this mean he doesn't plan to do it anymore?

My dear, there is more to this chapter. Please click on the next page to continue reading. It’s even more exciting later!

Continue read on readnovelmtl.com


Recommendation



Comments

Please login to comment

Support Us

Donate to disable ads.

Buy Me a Coffee at ko-fi.com
Chapter List